Singapore businesses can still look for opportunities amid the uncertainties, and their responses will shape the extent of the impact of the Wuhan virus on the economy and the labour market, said Manpower Minister Josephine Teo yesterday.
"I don't think it's possible to say there'll be zero impact, that's very unlikely, but the impact can be moderated if we make the right moves, if we respond in rational ways... at the company level and at the individual level," she said at a media briefing on last year's employment situation. Businesses may choose different ways of pursuing opportunities, said Mrs Teo. For example, they may moderate the number of deals that directly involve contact with China but look elsewhere for opportunities at the same time. Instead of travelling to China to meet clients, they could use teleconferencing, or visit other clients elsewhere.So far, she said the company representatives she has spoken to have said the number of workers affected by preventative measures is manageable.
The Ministry of Manpower on Tuesday started rejecting new work pass applications for workers from Hubei province - more than 30 such applications, it said.
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Source: The Straits Times - 🏆 8. / 63 Read more »