With the measures in place, there are much fewer people out and about in Singapore. The government reported that transport ridership and traffic volume has fallen by more than 70% since the start of the Circuit Breaker, with close to 80% of the workforce now working from home. There are reportedly fewer people outside as well, with 30-40% of individuals out on weekdays and only 20-30% out on the weekends.
SINGAPORE (Apr 16): With the circuit breaker measures announced, non-essential workplaces have been ordered to close until May 4 to help contain the spread of Covid-19 in Singapore. Food establishments and hawkers will remain open but only for takeaway or delivery services.
In a Wednesday report, DBS Group Research lead analyst Alfie Yeo says, “This is positive for supermarkets and affordable mass-market foodservices outlets. As people are encouraged to stay home as far as possible, we expect retail spending on food staples to strengthen further.”
