Targeted lifeline for listed firms in worst-hit sectors

Singapore

BUSINESSES in key sectors still knee-deep in pandemic pain will get help staying afloat from Singapore's latest Budget measures, chiefly in the form of an extension of wage subsidies.

This should put Singapore-listed beneficiaries from the aviation, hospitality and aerospace sectors in a better place to stomach the downturn; to a lesser degree, but no less significantly, the retail, food services, marine and offshore, as well as entertainment businesses, will be helped as well.