S$650m in support for firms hit by tightened Covid-19 restrictions amid exponential surge in cases
Bulk of package will be used to raise wage support to 25% under Jobs Support Scheme for affected sectors
Add BT as a preferred source
Singapore
THE Singapore government is rolling out S$650 million worth of measures to support businesses most affected by new Covid-19 restrictions set to kick in on Monday, as the country battles an exponential rise in infections in its endeavour to reach a stage of living with the virus endemically.
From Sept 27 to Oct 24, social gatherings and dine-in capacity will be pared down to groups of two for the third time this year, a reduction from the current permissible group size of up to five persons, the Republic's Covid-19 multi-ministry taskforce said on Friday.
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
