More focused assistance in latest round of Covid-19 measures, but there will still be casualties
Get unlimited access to The Straits Times and more at S$ 0.99/month.Get unlimited access at $0.99/month*Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*Firms that don't need extra help should forgo their subsidies for others in greater need, and support for the jobless may need to be extended even further
And after the lifting of the circuit breaker measures in June, some businesses were able to resume operations, even if at lower levels of activity. Maintaining generous support across the entire corporate sector would have been expensive, wasteful and unfair. It would also have had the effect of artificially propping up unviable companies.
Shuttered shops in Chinatown Complex in April, two days after the circuit breaker started. Some sectors, including retail and food services, will get a flat 30 per cent wage subsidy for seven more months. ST PHOTO: GAVIN FOOWith this more targeted approach, subsidies under the JSS will more closely match different levels of need by sector.
It is therefore appropriate that the Covid-19 Support Grant, which provides benefits to the unemployed, will be extended to the end of the year.
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