140,000 employers will be receiving the payout which will add up to a total of S$15 billion disbursed since the first round of support packages.
The integrated resort operator said the vast majority of local staff have been retained while all affected workers will get a “fair compensation”.
The Philippines is set to have the highest unemployment rate in Southeast Asia this year, according to the latest report.
Despite the record unemployment rate, there are signs of economic recovery in the Southeast Asian country.
Countries such as Indonesia and Vietnam are experiencing some of the highest number of mining attempts globally.
Singapore employers are facing a challenge in retaining their talent, with 41% of workers considering to be entrepreneurs.
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It will also help companies in Singapore meet manpower needs by mobilising workers from firms with excess manpower.
More than half of them also believe that their employers' existing training and re-skilling programmes are not adequate.
Despite an expected drop in revenue because of COVID-19, investment in technology tops priority for ASEAN businesses in 2020, a new survey reported.
Despite the optimism, there are still concerns among Malaysian workers that automation is putting their jobs at risk.
Besides equipping job seekers with digital skills, the initiative will also help employers upskill new and existing employees.
61% of businesses in the region expect a significant or worse decline in annual revenue in the wake of COVID-19, new survey shows.
The latest survey also revealed that Singaporeans had to work outside of their usual hours such as evenings and weekends during the work-from-home period.
The International Air Transport Association (IATA) warns that the aviation industry’s recovery will be long and challenging.
Despite the jobs saved, Malaysia's unemployment rate is expected to increase in the coming months due to the impact of the COVID-19 pandemic.
The job cuts, affecting a mainly Singapore-based workforce, will come from across all parts of the business.
Employees said they will only be comfortable going back to their offices if a treatment or vaccine is found, according to a survey.
This comes three months after cutting 25% of its senior management pay and all budgeted salary increases for the year.
The Indonesian government also predicted 4 million to 5.5 million people will lose their jobs this year due to the COVID-19 pandemic.
Developing countries in Asia-Pacific will combine for a meagre 0.1% growth this year, said the Asian Development Bank in a new report.
The e-commerce giant will also be making the technology open source to help other businesses ensure social distancing for their employees.
Businesses in South-east Asia, Australia and Newland are prioritising improving ICT and security resilience for business continuity plans.
The payment will enable them to get the equipment they need to enhance their home office setup and cushion any financial impact from the pandemic.
Their top reason for doing so is that being an entrepreneur would give them more opportunities, according to a Randstad survey.
In a blog post, Anthony Tan, Grab’s CEO and co-founder, said this will be the last round of layoff across the organisation this year.
Singapore will enter Phase 2 of its reopening on June 19, although employers should continue to allow workers to work from home.
Despite filing for bankruptcy with outstanding debts of 200 billion baht, Thailand's national carrier said there will be no layoffs for now.
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That will be three times the annual usual number of jobs created as the government looks to help Singaporeans cope with the pandemic.