Covid19 may widen income gap in Singapore: DBSBank report
The extent of income deterioration in the food and beverage, hospitality and aviation sectors was found to be more pronounced - and still worsening - compared with other industriesWHILE the Singapore government has ramped up
efforts to save jobs amid the Covid-19 crisis, the full impact on income is"far deeper and broad-based" than current economic numbers would suggest, with low-income earners bearing the brunt of the prolonged slump, fresh data from...
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Covid-19 crisis may widen income gap in Singapore: DBSWHILE the Singapore government has ramped up efforts to save jobs amid the Covid-19 pandemic, the full impact on income is 'far deeper and broad-based' than current economic numbers would suggest, with low-income earners bearing the brunt of the prolonged slump, fresh data from DBS showed. Read more at The Business Times.
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