13 industries affected by the Covid-19 pandemic

1. Food and Beverage

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How it has been affected:

  • Entertainment venues closed due to Circuit Breaker (CB)
  • Patrons not allowed to dine in
  • Lower footfall, especially in Central Business District
  • Decreased revenue with same rental costs leading to higher losses

Jobs affected:

  • Chefs/cooks
  • Waiters/waitresses
  • Restaurant and bar owners
  • Bartenders
  • Bouncers
  • DJs

2. Automotive

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How it has been affected:

  • Vehicular movement on roads restricted
  • Need for taxis and private-hire services greatly reduced
  • Car manufacturing output decreased significantly

Jobs affected:

  • Mechanics
  • Car sales reps
  • Factory workers

3. Live Sports

How it has been affected:

  • Some live matches still happening but without a live audience
  • International sporting events such as the Tokyo Olympics 2020 have been cancelled

Jobs affected:

  • Sport associations
  • Event planners
  • Logistics
  • Tourism

4. Health and Fitness

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How it has been affected:

  • Gyms have been forced to shut down
  • Personal trainers and fitness instructors have no means of coaching their clients face-to-face. Most have had to go online.

Jobs affected:

  • Fitness instructors
  • Personal trainers
  • Gym owners

5. Film

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How it has been affected:

  • Production of films are put on hold as social distancing is put in place
  • Cinemas are closed as well

Jobs affected:

  • Directors
  • Producers
  • Production houses

6. Construction

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How it has been affected:

  • Construction works and importing of building materials halted
  • Delayed projects will force contractors to speed up timelines once the CB is lifted but that won’t be possible with a lack of manpower

Jobs affected:

  • Construction workers
  • Contractors
  • Material suppliers

7. Events

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How it has been affected:

  • Live events, conferences, exhibitions and seminars have been cancelled. This includes entertainment venues such as night clubs.

Jobs affected:

  • Event houses
  • Event planners
  • Professional/motivational speakers

8. Tourism and Hospitality

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How it has been affected:

  • Tourist attractions are closed
  • Airlines are going bankrupt
  • Zoos are running out of food for their animals

Jobs affected:

  • Customer service staff
  • Cabin crews
  • Attractions frontline staff

9. Real Estate

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How it has been affected:

  • Commercial properties experiencing loss in rental revenue as a result of retail and F&B sectors’ losses
  • Real estate companies affected as construction works are put on hold

Jobs affected:

  • Real estate agents
  • Real estate companies
  • Real estate developers
  • Property owners

10. Retail

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How it has been affected:

  • Brick and mortar shops have been closed, leading to significant losses in revenue
  • Many companies have shifted/are shifting their businesses online, rise in e-commerce

Jobs affected:

  • Shop owners
  • Retail staff
  • Cleaners
  • Distributors
  • Security

11. Fintech Investment

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How it has been affected:

  • As VCs and investors liquidate their assets, fintechs will need to tighten their finances and cut costs to survive
  • Early stage companies will suffer as funding becomes scarcer and competition for cash intensifies

Jobs affected:

  • Entrepreneurs
  • Startups
  • Traders

12. Oil and Gas

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How it has been affected:

  • Drop in demand for oil and gas due to halt in industrial activity and restricted vehicular movement

Jobs affected:

  • Logistics companies
  • Engineers
  • Traders
  • Supply chain managers
  • Oil and gas managers
  • Brokers
  • Safety officers

13. Technology

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How it has been affected:

  • Raw material supplies are affected, disrupting the electronic supply chain
  • Delays in import/export of consumer electronics
  • Decreased manufacturing output, leading to higher unemployment rates

Jobs affected:

  • Interface designers
  • Supply chain managers
  • Manufacturers

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