Finance

S’pore Workers Who Lose Jobs Due To Covid-19 To Get $800/Month For 3 Months: DPM Heng

Singapore Low & Middle-Income Workers Who Lose Jobs Due To Covid-19 Will Get Help

As the Covid-19 outbreak intensifies, many companies in Singapore are suffering massive losses. Companies in the travel and hotel sectors are among some of the worst hit.

As a result, some employees may see themselves getting retrenched in the coming weeks and months.

To support these newly-unemployed workers, the government will be issuing these employees a grant of up to $800 per month for up to 3 months as they look for new jobs or go for training.

Source

Finance Minister Heng Swee Keat announced additional measures to keep Singapore afloat during these difficult times, under a new supplementary budget called Resilience Budget.

As the impact of Covid-19 on our economy deepens, some workers will lose their jobs or see their income significantly reduced. We will help them.

He said this in Parliament today (26 Mar).

$145 million set aside for schemes & increased flexibility

In additional to the grants mentioned above, Minister Heng also announced that the government will be exercising more flexibility when it comes to ComCare applications.

The ComCare Long Term Assistance scheme aims to help the elderly and their loved ones who are facing extreme financial difficulties.

There’ll also be a new Temporary Relief Fund set in place to grant to help families tide over these difficult times while waiting for new measures to kick in.

Around $145 million will be set aside for these schemes and increased flexibility to ComCare.

 

Govt insistent on keeping all jobs safe

The Covid-19 pandemic is, without a doubt, the most serious crisis the world has faced in modern times. It has put countries to test on all fronts, especially economic and social.

It’s heartening to see the Singaporean government working efficiently in response to the crisis, by reaching out to all whose livelihoods are deeply affected.

Hopefully, measures from the supplementary Resilience Budget, will help ease their burden.

Featured image adapted from Channel NewsAsia

The Must Share News Team

Teamwork makes the dream work.

Recent Posts

Cyanide poisoning: What is cyanide & how is it lethal to humans?

While cyanide poisoning is uncommon, it is important to know how to recognise it.

17 Jul 2024, 6:54 pm

Mexican Police find suspected drug tunnel, it’s so long they need oxygen masks to reach the other end

Authorities say five similar tunnels were previously found in the same area.

17 Jul 2024, 6:36 pm

Toilet door comes off during Cathay Pacific flight from Hong Kong to New York, airline launches investigation

Photos of the incident showed an air stewardess holding onto the fallen door.

17 Jul 2024, 6:11 pm

Tea shop employee in Taiwan spits into hand & uses it to make drink order, branch shuts down

The company is allegedly suing the employee for up to S$185,000.

17 Jul 2024, 5:54 pm

Thai police identify cyanide poisoning as the cause of 6 deaths in Bangkok hotel

Police also noted that two of the victims had invested ~S$370K in another victim.

17 Jul 2024, 5:23 pm

18-year-old patient dies after car allegedly blocked ambulance in Taiwan, family demands apology from driver

The family had hoped to bring the patient home before his final breath.

17 Jul 2024, 5:08 pm