Jessica Nathania - Seedly
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Jessica Nathania

I enjoy creative work and engaging in meaningful convos. Fun fact: ​I’m Indonesian-born, Singaporean-bred and Australian-schooled.

Jessica Nathania

Finance & Marketing at The University of Western Australia

About

I enjoy creative work and engaging in meaningful convos. Fun fact: ​I’m Indonesian-born, Singaporean-bred and Australian-schooled.

Credentials

Finance & Marketing at The University of Western Australia

Jessica Nathania

Finance & Marketing at The University of Western Australia

  • Answers (4)
  • Questions (0)
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COVID-19

Travel

In the News

Skyscanner is cutting jobs and offices and reducing presence in Singapore after bookings collapse due to COVID-19. What other local companies in the travel industry do you know experienced job cuts?
Several hotels like those under hospitality group Banyan Tree have been reported to lay off staff in Singapore. About 30% of employees under this group have been affected. Seems like the company is trying their best to train their affected staff to help them gain new skills so they can look for other jobs. Klook is said to streamline their workforce by reducing their headcount or getting their employees to take temporary leave. The travel booking start-up has offices in countries including Singapore so there’s a likelihood their employees are affected. However, they seem to have pivoted quite well, focusing on local attractions and stay-home activities which works in favour of Singaporeans while going through circuit breaker. I find it interesting that Singapore airlines isn’t planning to cut jobs despite having been hit hard by covid-19. Since Singapore doesn’t have a market for domestic travel, SIA mainly focuses on international travel which has reduced significantly due to travel bans worldwide. Many of their staff (cabin crew) are reported to take temporary leaves or are re-trained to work as Coronavirus 'Ambassadors'. However, the carrier doesn’t intend to cut jobs and instead, is raising about S$8.8 billion ($6.3 billion) through share and convertible bond sales.
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COVID-19

General

In the News

Hong Kong economy has gotten a boost from staycations and dining deals as the COVID-19 situation picks up. Why do you think this works for Hong Kong and can we expect this for Singapore?
Yep I think we can see a similar trend in Singapore. Malls are a big part of SG and as a result of circuit breaker, many people have probably gotten cabin fever (to some extent or another) and long to go out! Also, with zero to little chances of travelling overseas, everyone's pretty much confined to the limited places they can visit in SG :) Buyer habits and purchasing decisions have also been shaped by lockdown so people are more certain of what they wish to buy when visiting a physical store. They probably either bought it online or did plenty of research before choosing to get something at a brick and mortar store!
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COVID-19

Economics

Career

South Korea's unemployment rate unexpectedly fell in June amidst the second wave of COVID-19. What did they do differently and are there some lessons that we can learn and apply for Singapore?
I found your question interesting so I went to read up about what South Korea (SK) is doing in response to the poor job market and how it might differ from Singapore (SG)’s efforts. Some things to take note of: - SG usually sees higher unemployment rate in June (even pre-covid) as compared to other months due to hiring cycles and the entrance of fresh graduates plus students looking for vacation jobs - In SK, fresh graduates enter the job market around February following graduation period - High employment growth =/= Decrease in unemployment (Because a decrease in unemployment could be due to less people looking for a job in the event that they choose to pursue traineeship/ education instead) It seems like both SK and SG experience similar trends in their sectors For SK: - Sectors that were hit: Retail, lodging, restaurant, manufacturing, construction - Sectors that saw growth: Public service, individual enterprises, agriculture For SG: - Sectors that were hit: tourism, aviation, restaurant, construction - Sectors that saw growth: e-commerce, pharmaceuticals, ICT According to a Bloomberg article, there’s been improvement in consumer and business confidence, and export numbers are going up (albeit still considerably and expectedly low) for SK. As part of a New Deal project, the SK government said it would commit about 114 trillion won (about 131 billion SGD) to aid economic momentum in the next 5 years. In addition, 1.9 million new jobs, focusing on areas like technology, AI, green energy, digitisation, and the likes were promised by the government. Some examples of this effort include transforming the nation’s fossil fuel-reliant economy into an eco-friendly one, training 100,000 people in AI, building nationwide 5G networks. I noticed similar efforts that the SG and SK government are following. Generally, both governments hope to help businesses retain workers, and upskill job-seekers to prepare them for careers of longevity. For SG, Workforce Singapore is enhancing their reskilling programs to help current employees through enhancements ranging from extending the salary support period to making them available to more employees. With the SGUnited Traineeship program, SG hopes to offer job-seekers lower paid opportunities for them to gain experience and potentially move up to long term positions. The budget by the SG govt states that “SGUnited Jobs and Skills Package will create close to 100,000 opportunities, which includes the jobs, as well as 25,000 traineeships and 30,000 skills training placements.” The traineeships also focus on technology-related areas that are growing rapidly. Overall, I think SG and SK are doing a decent job at curbing the issue of unemployment given the circumstances. Also, it’s worth noting that headline news shouldn’t always be taken at face value. An economics professor at Seoul’s Kookmin University mentioned that “Government incentives to prevent layoffs are what’s essentially holding together the jobs market (but) businesses may start letting more employees go should the economy slow further.”
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Fresh Graduates

Career

COVID-19

Fellow fresh grads, what are your strategies in this COVID job crisis?
Background info: I graduated in Dec 2019 and was working part time till Feb 2020. I'm currently job-hunting and working on side projects. After watching SeedlyTV's recent episode on Winning The Battle In A Bad Job Market, my main takeaway is that the contribution you make in your role is almost as important as the monetary aspect of employment. If you’re able to make do with a lower starting pay, it’s worth giving the job a shot because you’ll be picking up relevant skills and also contributing to the company. If you’re struggling to land a traineeship job or even an internship, I hope you don’t feel too disheartened. Now is a good time to delve into what you’re really interested in and to upskill yourself before you get a job :) Some examples are taking online courses, growing a digital portfolio, volunteering or pursuing a hobby. There are also courses you can take to learn how to navigate commonly used software in businesses whether it’s Adobe Illustrator, Moz, SEMrush, Salesforce, Microsoft Excel, Python and lots more.
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