The Government of Singapore will provide a support package worth 1.1 billion SGD, or over 808 million USD, to help businesses and workers impacted by the country’s “Heightened Alert” restrictions put in place from July 22 – August 18.
Singapore’s overall unemployment rate continued to fall in January thanks to economic stabilisation, according to latest figures released by the Ministry of Manpower (MOM) on March 3.
Singaporean Deputy Prime Minister cum Minister of Finance Heng Swee Keat on February 16 announced the nation’s 107 billion SGD (80.8 billion USD) budget plan in 2021 to provide immediate help to sectors under stress, and invest in the country’s long-term future.
Singapore’s resident employment staged a strong rebound in the third quarter of 2020, lifting resident employment levels to near pre-pandemic levels, according to the Ministry of Manpower (MOM).
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