,Singapore

6 of 10 business leaders consume more news because of pandemic

77% believe that COVID-19 can affect their businesses.

Six out of 10 Singaporean business leaders or 59% consume more news as a result of the pandemic, a survey released by BBC revealed.

250 respondents made up of senior Singapore-based business leaders took part in the study conducted by BBC Global News. 

58% access news through online channels. 77% have also understood how COVID-19 can affect their business, to the extent that 63% of leaders are now more likely to use global news as a basis for their decisions. 

The survey also stated that 70% of respondents are now more concerned about misinformation than before the pandemic. 59% believe that misinformation would directly affect their business. 71% see trustworthiness as one of the factors they look for in news sources with objectivity, global perspective, and impartiality at 55%, 54%, and 48%, respectively. 

John Williams, vice president, Singapore and Southeast Asia, BBC Global News, APAC, highlighted the caution of these business leaders. 

“Given both the pandemic’s impact on Singapore and the government’s ongoing efforts to crack down on fake news, it is clear that local business leaders are more cautious than ever before about the source of their news and its potential impact. Following a period of looking inward and protecting their business interests, as Singapore dealt with the initial stages of COVID-19, Singapore’s business leaders are now focusing on trustworthy and objective global news sources that will drive their future success.”

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Meanwhile, a record 583 non-landed homes sold for more than $2m each in the first nine months of the year.
The merger will create a flagship pan-Asia logistics and high-tech S-REIT.
It is followed closely by the identification app SingPass.
The index tracks REITs in the APAC region with higher dividend yields and positive environmental attributes.
Both companies will create training programs to support digital entrepreneurship and digital upskilling for Grab partners.
The deal is focused on M1’s network assets. 
This is a part of the Lion City's bid to become a global maritime knowledge and innovation hub.
Risks, however, are present with the financial troubles faced by the real estate sector in China. 
This comes as more Singaporeans turn to gaming in the midst of the pandemic. 
Retail sector has experienced the “most disruptions” with the changing restrictions.
The company was commended for being a global and regional sector leader in five categories.
The CEO designate said he aims to drive development in the company’s business units.   Gary Ho,  who played an instrumental role in the Initial Public Offering (IPO) of Nanofilm Technologies International Limited, has been appointed Chief Executive Officer of the company.
Analysts said strong leasing activity in Q3 played a factor.
Islandwide prime retail rents saw a dip by 0.6% q-o-q. 
Jardine Cycle & Carriage, Keppel Corporation and Frasers Logistics & Commercial showed the most growth.