It goes without saying that Covid-19 took with it not just lives, but an increasing number of livelihoods as well. Unemployment and retrenchments have grown since the pandemic hit. These days, it’s not uncommon to hear of someone who remains unemployed even after looking for months. Under the rallying call of Emerging Stronger Together, the Budget 2021 announcement by.
Published: 17 February 2021
A S$700mn extension to the Jobs Support Scheme, deeper investments in businesses, and more - these are some of the things HR, employers and employees can look forward to in the next few years, as part of Singapore s Budget 2021 initiatives.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance Heng Swee Keat delivered his #SGBudget2021 speech in Parliament on Tuesday (16 February), putting forth a slew of measures to be undertaken to help Singapore build resilience and emerge stronger post-pandemic.
Measures announced in the Emerging Stronger Together Budget 2021 include a six-month extension on the Jobs Support Scheme, enhanced salaries for healthcare workers, additional funding for the Jobs Growth Incentive to encourage local hires, and more.
Budget 2021: S Pass quota for manufacturing sector to be cut to 15% from 2023 Toggle share menu
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Budget 2021: S Pass quota for manufacturing sector to be cut to 15% from 2023
“The way forward is neither to have few or no foreign workers, nor to have a big inflow,” said Deputy Prime Minister Heng Swee Keat on Tuesday (Feb 16) during Budget 2021, where he added the Wage Credit Scheme for locals will also be extended. 2 related media assets (image or videos) available. Click to see the gallery.
16 Feb 2021 07:08PM) Share this content
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SINGAPORE: The foreign worker quota for S Pass holders in the manufacturing sector will be cut from 20 per cent to 15 per cent in phases over the next two years, announced Deputy Prime Minister Heng Swee Keat in his Budget speech on Tuesday (Feb 16).