Covid-19 drove ‘unprecedented’ drop of 196,400 in Singapore employment; services hardest-hit
SINGAPORE -The magnitude of employment losses in Singapore during the Covid-19 pandemic was unprecedented, more than in any other crisis, according to a report released by the Ministry of Trade […]
MOF announces $1.1b support package: What you need to know
SINGAPORE – The Ministry of Finance (MOF) on Friday (July 23) announced a $1.1 billion support package to help cushion workers and businesses from the impact of phase two (heightened […]
Foreign worker levy rebates for construction, marine and process sectors to go up from $90 to $250
SINGAPORE – About 15,000 firms in the construction, marine and process sectors will get higher foreign worker levy rebates between May and December, given the manpower shortages and increased costs […]
Singapore’s economy able to bounce back this year, but some sectors will take longer to recover: PM Lee
SINGAPORE – The bulk of Singapore’s economy should be able to bounce back this year following the heavy hits it took last year with the Covid-19 pandemic, said Prime Minister […]