Singapore to cut support for businesses as COVID-19 curbs eased

Wage support to businesses in sectors hit hard by the pandemic, such as F&B, retail, and tourism, will be lowered from 25% to 10%.
By: | November 23, 2021
Topics: Compensation and Benefits | 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.