You are here

Govt aware of risk that rental help may prolong exit of unviable businesses: Shanmugam

But the focus now is to help viable ones that may be felled by the crisis - to protect workers and livelihoods, he says

BT_20200606_LTBILL6A_4138220.jpg
Law Minister K Shanmugam says that what is necessary in this situation is a fair sharing of obligations, and that everyone has a stake in the success of Singapore's small and medium-sized enterprises (SMEs).

Singapore

THE focus of extending more rental relief is more on supporting businesses that, even though viable, may go down because of the Covid-19 crisis, rather than on holding up unviable ones, said Law Minister K Shanmugam in Parliament on Friday, when the Covid-19 (Temporary Measures...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes