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The policies of the day and their impact can be observed in how businesses are performing, such as declaring profit warnings, issuing redundancy notices, scaling down production, and opting to outsource, close down, or relocate altogether.
With the government aiming to widen the tax bracket, we're likely to see more layoffs, pay cuts (which won't make sense to cushion inflation), hiring freezes, and so on. However, being business-smart matters, and here are a few survival tricks:
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