More help for aviation industry, plus tourism, hotel, convention sectors
Singapore
HARD hit by the Covid-19 pandemic, aviation firms are receiving an enhanced support package and wage offsets to retain employees, which should help to address the immediate challenges facing these businesses.
Singapore's air hub, which has no domestic market to fall back on, has seen daily passenger traffic fall by over 90 per cent. A key pillar of Singapore's economy, the Changi air hub - along with adjacent industries - accounts for over 5 per cent GDP and employs some 192,000 people.
Speaking in Parliament on Thursday, Deputy Prime Minister and Finance Minister Heng Swee Keat said: "Our aviation sector has significant linkages to …
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