33.4 C
Sunday, December 10, 2023
Home Business Singapore Launches its Latest US$800 Million Economic Support Package to Help Businesses...

Singapore Launches its Latest US$800 Million Economic Support Package to Help Businesses During Phase 2 Restrictions (Heightened Alert)

In view of the Phase 2 heightened alert restrictions 22 July 2021 to 18 August 2021, Singapore introduced its latest US$800 Million economic support package to help workers and  businesses as they strive to adapt to the ever-changing protocols and regulations. 

This support package will include enhanced Jobs Support Scheme for affected sectors, rental relief for Small and Medium Enterprises (SMEs) and eligible non-profit organisations, support for market and hawker centre stallholders, enhanced COVID-19 Driver Relief Fund for taxi and private hire car drivers, and the extension of COVID-19 Recovery Grant-Temporary from end-July to end-August.

Find out more here: https://www.mof.gov.sg/singaporebudget/ministerial-statements/ministerial-statement-26-jul-2021


- Advertisment -

Most Popular

Entrepreneur Talk – Jeffrey Tan

Entrepreneurship often begins with a spark of passion and a vision for creating something unique. In this interview, we delve into the journey of...

How a Legal Victory for XRP Boosted Crypto Market Confidence

The crypto market has been on a roller coaster ride in the past year, with prices plummeting due to regulatory crackdowns, legal battles and...

Why Temasek is backing away from crypto-related companies

Singapore’s state-owned investment giant Temasek has recently announced that it is dropping its plans to invest in crypto exchanges, citing regulatory uncertainties and market...

Entrepreneur Talk – Kenwyn

Some of the best businesses are started out of a hobby, and that's what has happened for Kenwyn. Read on to find out more about...