COVID-19: BACK TO PHASE 2
Businesses welcome fresh relief measures, but fear 'stopgap' help will come too late
Concerns linger over spectre of extended curbs; businesses may not survive more restrictions
Add BT as a preferred source
Singapore
THE light at the end of the tunnel just got brighter for struggling businesses, as the government on Friday announced S$1.1 billion of support.
Still, moves such as enhanced Jobs Support Scheme (JSS) wage subsidies will only staunch the bleeding, watchers have told The Business Times.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
