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Jobs Support Scheme gets S$2.9 billion boost

Duration of payouts extended by one month for all firms; more firms will qualify for higher tiers of wage support under the enhanced scheme

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Nisha Ramchandani

Nisha Ramchandani

Published Tue, May 26, 2020 · 09:50 PM

    Singapore

    TO HELP companies with cash flow, the government is making three enhancements to the Jobs Support Scheme (JSS) that will cost S$2.9 billion in total.

    Although the latest move may not stave off retrenchments entirely, it is aimed at mitigating them as much as possible, economists and business associations said.

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