Budget 2022: S$500m immediate relief for businesses, including one-off cash payout for SMEs worst hit by Covid-19 curbs
SINGAPORE — A S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hard hit by the Covid-19 restrictions pandemic and facing slower recoveries, was announced on Friday (Feb 18).
- A S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hit hard by Covid-19 restrictions, will be rolled out this year
- The package will include a new small business grant with eligible companies receiving S$1,000 per local worker, up to S$10,000
- The Jobs Growth Incentive scheme will also be extended for six months but only for companies that hire mature workers, ex-offenders or persons with disabilities
18 Feb 2022 03:44PM
(Updated: 18 Feb 2022 06:35PM)
Source: TODAY
