Looking At The Four Gov’t Budgets Through The Eyes Of S’pore Business Owners
Through the eyes of our local firms, how well do the Government’s support packages deliver meaningful relief in their time of need?
Solidarity Budget: President Gives In-Principle Support To Draw Another $4B From Past Reserves
This will be used to fund the enhanced Job Support Scheme, the enhanced Temporary Bridging Loan Programme and Enterprise Financing Scheme, and the Solidarity Payment to Singaporeans.
Solidarity Budget: All Adult S’poreans To Get One-Off $600 Cash Payout In April
All adult Singaporeans will get a one-off Solidarity Payment of $600 in April, while PRs and Long Term Visit Pass-Plus holders can apply to receive $300.
Solidarity Budget: Foreign Worker Levy Waived In April, $750 Rebate For Employers
The Foreign Worker Levy will be waived for April 2020, to help ease employers' cashflow to that they can continue to protect their foreign workers' jobs.
Solidarity Budget: All Firms To Get Up To 75% Wage Subsidy For S’pore Employees In April
The Jobs Support Scheme will be enhanced so workers can keep their jobs, and businesses can resume operations quickly when the circuit breaker is lifted.