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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

Kelly Ng

Published Sun, May 24, 2020 · 09:50 PM

    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.

    Legal industryDebt restructuringAccountingInsolvency

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