Built sector highlights other rising costs even as job support extended
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CONSTRUCTION firms welcomed the extension to the Jobs Support Scheme (JSS), although not all are sure that it will be sufficient to get them back on their feet in seven months' time.
Deputy Prime Minister and Finance Minister Heng Swee Keat on Monday announced 50 per cent wage support for two more months, before lowering it to 30 per cent for five more months for wages paid up to March 2021.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant