| | Dear INSIGHTS community, | Earlier this month, the World Health Organisation declared COVID-19 a pandemic. At this point, the number of coronavirus cases globally have exceeded 470,000. | Countries worldwide have introduced border controls, travel advisories, and even lockdown measures in an attempt to curtail the spread of the coronavirus. | These are tough times, and we hope you and your loved ones are taking care and keeping well. | Singapore takes the health and safety of all individuals here very seriously: over the past two months, the country has progressively introduced new guidelines on travel, safe distancing, and workplace measures for businesses to reduce the risk of imported cases and community transmissions. To better support businesses, Singapore has also launched assistance packages. For the latest updates on precautionary measures and other information relevant to businesses, please refer to EDB’s Advisory on COVID-19. | This month, we have lined up stories to provide you with information, tips and advice on how businesses can respond to the COVID-19 threat. We have included articles on how the world’s top CEOs – of hotels, airlines, banks and tech companies – are handling any impact on their businesses, best practices to navigate supply chain roadblocks, and how consumers are turning to tech in this period of uncertainty. | Finally, we would like to reassure you that Singapore has the resolve and resources to overcome these challenging times. The country is committed to working closely with the business community so that we can, together, emerge even stronger from this crisis. | Stay safe, EDB INSIGHTS Editorial Team |
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| | How are the world’s top corporate chiefs responding to COVID-19? | Corporate chiefs from businesses like Amazon, Mariott International and Singapore Airlines are under immense pressure in this period. How are they responding to COVID-19 and addressing business challenges? | Read More | | Mitigating supply chain challenges, according to Aon, DHL and Gartner | To help companies facing supply chain roadblocks as a result of the global pandemic, we have developed a checklist that outlines short, medium and long term measures for businesses. | Read More | | Consumers’ adoption of technologies expected to accelerate | As more consumers work from home in this period, more will turn to tech solutions as they are confronted with an overnight change to everyday habits. Nielsen assesses the “catalyst moments” that are defining technology adoption. | Read More | British and American firms in Singapore respond to COVID-19: | | In a poll of members from the British Chamber of Commerce Singapore, 97% backed the city-state as a viable business hub despite the coronavirus outbreak. Chamber members are cancelling physical events but filling the gap with digital solutions. | Read More |
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| | In a similar poll by the American Chamber of Commerce here, 47% of the US firms polled said they were enforcing changes to their flexi-work or HR policies. 98% remain confident in Singapore as a business hub. | Read More |
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