First tranche of S$7b in wage subsidies being paid out
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EMPLOYERS are starting to get the first tranche of wage subsidies from the Budget's S$18 billion Jobs Support Scheme to keep workers employed in the Covid-19 downturn.
More than S$7 billion will be handed out from Wednesday, the Ministry of Finance and Inland Revenue Authority of Singapore said.
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
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts