International schools hit by oil & gas crash, says ISC


You know what happened to the schools in Kerteh once the big spending expats were relocated out? Now the whole nation know what it feels like.

Dateline 2016-09-20, The Pie News:

Enrolments will be hit as parents sending their children to international schools employed in professions related to the these industries are made redundant, the group said.

The Middle East in particular is expected to be affected by 1-2% fall in enrolments, according to ISC Research.

“Some have cut back on their staffing for this new year”

Malaysia and Singapore are also likely to feel the brunt of dropping oil & gas prices, with schools that enrol a large proportion of expatriates over locals more likely to be affected, said Richard Gaskell, director for international schools at ISC Research.

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