31-03-2023, 08:48 AM
The findings, released today, warned that the situation is “not sustainable”.
If business costs do not fall or the Government doesn’t step in to help, then “Singapore will lose its attractiveness to foreign companies which will decide to relocate their offices to neighbouring countries”.
The survey was done in collaboration with 14 European national business groups, the Singapore International Chamber of Commerce, the British Chamber of Commerce Singapore and the Canadian Chamber of Commerce in Singapore.
https://www.malaymail.com/news/singapore...seas/61818
If business costs do not fall or the Government doesn’t step in to help, then “Singapore will lose its attractiveness to foreign companies which will decide to relocate their offices to neighbouring countries”.
The survey was done in collaboration with 14 European national business groups, the Singapore International Chamber of Commerce, the British Chamber of Commerce Singapore and the Canadian Chamber of Commerce in Singapore.
https://www.malaymail.com/news/singapore...seas/61818