S$6.8m disbursed to 2,700 food, retail businesses in Singapore for going digital

Singapore

SINCE August, about 2,700 food services and retail businesses in Singapore have received a total of S$6.8 million in Digital Resilience Bonus (DRB) payouts, the Infocomm Media Development Authority (IMDA) said last Friday.

The bonus was first announced in May, as part of the S$33 billion Fortitude Budget for additional Covid-19 support measures. It is aimed at the F&B and retail sectors, which have been among those badly hit by the pandemic, and where there is a high concentration of local small and medium enterprises (SMEs).