Jobs Support Scheme

Singapore tightens community measures further as Covid cases spike, WFH to be default - THE EDGE SINGAPORE

Covid-19

Singapore tightens community measures further as Covid cases spike, WFH to be default

Dining out at F&B establishments will be banned and social gatherings will be reduced as Singapore tightens Covid-19 measures
JSS to be extended for hardest-hit companies until September 2021 - THE EDGE SINGAPORE

Budget 2021

JSS to be extended for hardest-hit companies until September 2021

Companies in aviation, aerospace and tourism - hit hard by the pandemic - will continue to receive JSS payouts till Sep 2021
Relief for ComfortDelGro once Phase 3 begins: RHB - THE EDGE SINGAPORE

Broker's Calls

Relief for ComfortDelGro once Phase 3 begins: RHB

The average daily number of trips for 1-shift taxis is now at approximately 75% of the historical average.
Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng - THE EDGE SINGAPORE

Singapore economy

Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng

On Oct 3, he announced via Facebook that there will not be an additional round of support measures.
Singapore's factory activity continues growth trend for third month in August  - THE EDGE SINGAPORE

Singapore economy

Singapore's factory activity continues growth trend for third month in September

Manufacturing activity grew at a faster pace in August than the previous two months.

Labour market

Covid-19 pandemic affects wages of 224,800 workers : MOM

Pay cheques of some 224,800 workers across 6,300 companies in Singapore took a hit from cost-cutting measures over the last five months.

Global Economy

Tharman shares hard truths to keep the post-Covid economy going

The Senior Minister is worried about prolonged expansionary policy and threats to emerging markets.

Covid-19 Fortitude Budget

Fourth 'Fortitude' Budget as Singapore emerges from circuit breaker

We must be prepared for tough times in the months ahead. This is a challenge for this generation of Singaporeans — it is a test of our strength and fortitude, a test of our resilience and unity,” says Heng.

Budget 2020

$4 bil support package for Singapore enterprises, workers to offset effects of Covid-19

The stabilisation and support package consists of two parts: a new Jobs Support Scheme worth $1.3 billion, and improvements to the existing Wage Credit Scheme.
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