80% of businesses see revenues hit, but most are retaining workers: SCCCI survey

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SOME 80 per cent of businesses here are experiencing declines in revenue, according to an annual survey by the Singapore Chinese Chamber of Commerce & Industry (SCCCI) released on Friday. This is more than double the proportion of businesses (38.7 per cent) that reported revenue declines in 2019. Read more at The Business Times.

Nearly 78% of respondents keeping or raising headcount from year before; only about 8% reported layoffsSome 80 per cent of businesses here are experiencing declines in revenue, according to an annual survey by the Singapore Chinese Chamber of Commerce & Industry released on Friday.

This is more than double the proportion of businesses that reported revenue declines in 2019.SOME 80 per cent of businesses here are experiencing declines in revenue, according to an annual survey by the Singapore Chinese Chamber of Commerce & Industry released on Friday. This is more than double the proportion of businesses that reported...

 

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