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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...
The New Paper TNP ILLUSTRATION: CHNG CHOON HIONG The main points in Singapore's recovery plan from the Covid-19 crisis 1 BOOSTING COVID-19 DEFENCES An $11 billion Covid-19 Resilience Package will focus on immediate and ongoing recovery efforts to tackle the pandemic. Of this sum, $4.8 billion goes towards public health and safe reopening measures, including testing, clinical management and contact tracing, and vaccination for everyone living in Singapore. Another $700 million goes to extending the Jobs Support Scheme to help firms retain workers, but support will gradually taper off. The hard...
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 announc...
Singapore puts budget focus on transformation, innovation After tilting last year's budget towards 'emergency support' in light of the global pandemic, Singapore's government will spend SG$24 billion ($18.1 billion) over the next three years to help local businesses innovate and build capabilities needed to take them through the next phase of transformation. February 16, 2021 -- 18:17 GMT (10:17 PST) | Topic: Innovation Singapore is setting aside SG$24 billion ($18.1 billion) over the next three years to help ...
Almost 76,000 had been placed into jobs, traineeships, attachments and skills training as at end-2020.. Read more at straitstimes.com.