Professional services shore up staffing as insolvency cases loom amid virus outbreak
The move also comes amid a broader pre-Covid-19 push for Singapore to be Asia's debt restructuring hub
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Kelly Ng
Singapore
AS MORE businesses buckle under strain amid the virus outbreak, some firms in the professional services are boosting their restructuring and insolvency (R&I) practice with more aggressive hiring.
Firms offering legal, auditing and consulting services told The Business Times that they have seen a spike in queries relating to R&I in recent months, and are looking at hiring more to deal with cases of businesses winding up.
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