SUBSCRIBERS
Wage Credit Scheme: SMEs to get bulk of payout
Published Fri, Mar 17, 2017 · 09:50 PM
Singapore
MORE than 85,000 employers in Singapore will receive about S$660 million in Wage Credit Scheme (WCS) payouts by the end of this month.
Small and medium enterprises (SMEs) will get about 70 per cent of the disbursed sum, the Ministry of Finance (MOF) and the Inland Revenue Authority of Singapore (IRAS) said in a joint statement on Friday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month