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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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 September 01, 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 September 01, 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: September 01, 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 September 01, 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/