According to a survey on businesses and enterprises in Singapore, 23 percent of the respondents pointed to costs related to foreign manpower as the additional major costs for their businesses that had arisen from combating COVID-19. A significant amount of small and medium enterprises (SME) stated that there were no extra expenses caused by the COVID-19 pandemic.
Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020
The survey question was: "Please specify if there is/are any additional major cost(s) that has/have arisen from combating COVID-19 during this period."
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Singapore Business Federation. (August 31, 2020). Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020 [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/
Singapore Business Federation. "Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020." Chart. August 31, 2020. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/
Singapore Business Federation. (2020). Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020. Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/
Singapore Business Federation. "Business Sentiments regarding Additional Major Business Expenses Due to Covid-19 Pandemic in Singapore as of August 2020." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/
Singapore Business Federation, Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020 Statista, https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/ (last visited November 20, 2024)
Business sentiments regarding additional major business expenses due to COVID-19 pandemic in Singapore as of August 2020 [Graph], Singapore Business Federation, August 31, 2020. [Online]. Available: https://www.statista.com/statistics/1199502/singapore-additional-expenses-businesses-from-covid-19/
