US firms concerned about costs in S'pore: survey
Firms positive about profitability and hiring in region
[SINGAPORE] US companies in Singapore continue to have major concerns about the costs of labour, housing and office space here with more of them dissatisfied than before.
According to the latest survey by the US Chamber of Commerce and the American Chamber of Commerce in Singapore (AmCham Singapore), up to 53 per cent of respondents said that finding low cost labour in Singapore was a key concern, more than the 48 per cent who felt so last year.
Within the region, US businesses found that the problem of finding cheap labour existed only in Singapore. The survey in the other nine Asean countries showed that the respondents there indicated the availability of …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results