Singapore to cut support for businesses as COVID-19 curbs eased
- Claire Lee
- Topics: Compensation and Benefits, Home Page - News, News, Singapore
The Singapore government will be reducing support measures for businesses and individuals as Singapore eases more COVID-19 curbs from November 22 onwards.
Wage support to businesses in sectors hit hard by the pandemic will be lowered from 25% to 10%. These include companies in F&B, retail, tourism and performing arts and arts education, cinemas, museums, art galleries, historical sites, gyms and fitness studios and family entertainment.
Part of a S$90 million (US$66 million) support package, the tranche of wage support will be provided from November 22 to December 19.
The government will also be providing a half-month rental waiver for food and market stallholders in centres managed by the Environment Agency, or by operators appointed by the agency.
READ: Singapore’s workforce urged to transform to face new job challenges
Taxi and private-hire car drivers will receive a S$10 (US$7.34) payout per vehicle per day in December, and a $5 (US$3.67) payout per vehicle per day in January.
From November 22 onwards, social gatherings of up to five will be allowed, an increase from the two pax limit last imposed.
