Trust between tripartite partners, quick pivots the way for Singapore to tackle Covid-19

Singapore

TRUST between tripartite partners has been key to mitigating some of the impact of Covid-19, said Ministry of Manpower Permanent Secretary Aubeck Kam on Tuesday, even as he acknowledged that despite this, the measures put in place have not blunted the worst of the impact on employment numbers in Singapore.

"By Q2 2020, our total employment, excluding foreign domestic workers, had fallen by more than 100,000. Retrenchments in Q2 2020, when we were in the middle of our Circuit Breaker, were more than 8,000 and it was higher than the peak in 2003 when we battled Sars but still it was lower than the all-time high which we saw in the 2009 Global Financial Crisis."