Deputy Prime Minister Heng Swee Keat

For these firms, Heng says the government will co-pay up to 25% of salaries of all new Singaporean hires for one year. The co-payment will be subject to a salary limit.

The DPM also reiterated that the government will “continue to protect jobs and create new opportunities” for workers in Singapore.

Singaporeans go to the polls next month ahead of the third change in prime minister in some six decades.

We must be prepared for tough times in the months ahead. This is a challenge for this generation of Singaporeans — it is a test of our strength and fortitude, a test of our resilience and unity,” says Heng.

The Singapore government will be setting aside a further $800 million towards the Covid-19 Support Grant, says Deputy Prime Minister Heng Swee Keat in Parliament, on Tuesday.

“This a landmark package and a necessary response for this unprecedented crisis,” says DPM Heng

As we are re-opening our economy in phases, we will continue to support our viable businesses, especially those which are not able to open immediately,” says DPM Heng.

SINGAPORE (May 20): Ahead of the reopening of Singapore’s economy on June 2, CGS-CIMB Research expects more government support packages to help businesses and individuals to weather through the novel coronavirus (Covid-19) pandemic.

“This a landmark package and a necessary response for this unprecedented crisis,” says DPM Heng

“As countries implement containment measures to control the pandemic, the world has been put in a lockdown. The magnitude of collapsing activity that has followed is unlike anything experienced in our lifetimes,” says IMF economic chancellor Gita Gopinath