33.4 C
Singapore
Saturday, September 18, 2021
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

 

Most Popular

Multimedia Messaging Service (MMS) to End After Mid-November

Multimedia messaging service (MMS) will no longer be offered by telcos in Singapore after the middle of November of this year. When this happens, ...

Singapore Deploys Robots to Deter Poor Social Behaviour

Singapore has started rolling out robots to patrol public areas with high foot traffic and deter undesirable social behaviours. For a three-week trial period...

Singapore to Fine-Tune its Foreign Worker Policies

According to Singapore Prime Minister Lee Hsien Loong, the government is set to adjust the city’s foreign worker policies to address issues accepting overseas...

Singapore’s Tech Startups Raised $5.3B in the First Half of 2021, Up From $3.4B in 2020

From $3.4 billion last year, tech startups raised $5.3 billion in the first half of 2021 despite the challenges brought by the COVID-29 pandemic....