Singapore: additional expenses for businesses due to COVID-19 2020

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

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Release date

August 2020

More information

Region

Singapore

Survey time period

August 7 to 21, 2020

Number of respondents

225 respondents

Special properties

among businesses and enterprises in Singapore

Supplementary notes

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."

Multiple answers were possible.

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