The extension of the Jobs Support Scheme (JSS), in particular, was much appreciated. The blanket wage subsidy currently covers up to $3,450 of some 1.9 million employees till August 2020, and will be extended to end in March 2021.
Singapore has rolled out an additional $8 billion in support on August 17 to cushion the fallout from the Covid-19 pandemic which has crumbled industries and left business gasping for liquidity.
Economists and businesses have taken well to the goodies doled out, saying they are “in line with expectations of saving industries and jobs”.
