$800 million COVID-19 support package for Singapore firms and workers, including more wage subsidies, rental relief during Phase 2 (Heightened Alert)
By Linette Lai, Political Correspondent, The Straits Times, 29 May 2021
Singapore has started planning for the possibility that Covid-19 may become endemic here, Finance Minister Lawrence Wong said yesterday.
This could mean Singaporeans will need to get booster jabs from time to time, he noted.
In the coming months, better treatments could also be developed for the disease, making it less of something to fear, he added at a virtual media conference.
But even then, the country may have to take basic precautions - for example, with regard to ventilation systems and buildings - to minimise the risk of infection.
"When will it happen? I really can't say," Mr Wong replied in response to a reporter's question on when the virus will be considered endemic here.
"But we are indeed planning for a plausible scenario down the road where scientists around the world... come to the conclusion that it is not going to be possible to eradicate this virus - it is never going to go away, and we then have to learn to live with it."
The minister was speaking at a media conference to announce extra help for individuals and businesses impacted by the tightened measures on social interaction. The $800 million package of support measures will be debated at the next Parliament sitting in July.
At the virtual event, Mr Wong was asked how Singaporeans might go about their daily lives in the coming years, given that it seems difficult to picture the current restrictions on mask wearing and social gatherings lasting for a long time.
"I can't even predict what is going to happen next month," he replied. "So, I don't know that it is so easy to tell you what is going to happen years down the road because the situation is really very uncertain."
$800 million COVID-19 support package to help firms, workers
It includes enhanced wage subsidies, rental relief, one-off payouts to eligible workers
By Yuen Sin, The Straits Times, 29 May 2021
An $800 million support package that includes enhanced wage subsidies under the Jobs Support Scheme (JSS) and rental relief will be rolled out to help businesses and workers cope with the impact of tightened Covid-19 restrictions.
Announcing the measures yesterday, Finance Minister Lawrence Wong said affected gyms, fitness studios, and performing arts and arts education centres will get 50 per cent of salary support for local employees under the JSS - the same as what food and beverage operators are currently receiving.
Sectors that do not have to suspend operations but are significantly affected by the measures will get 30 per cent of JSS subsidies.
This will help retailers, personal care service providers, museums, art galleries, historical sites, cinemas, indoor playgrounds and other family entertainment centres.
However, supermarkets, convenience stores and online retailers will not be eligible for the enhanced wage support.
Rental relief will be given to eligible small and medium-sized enterprises as well as non-profit organisations in qualifying commercial properties, Mr Wong said.
Eligible lower-and middle-income workers and self-employed workers whose income has been affected can also receive a one-off payout of up to $700 under a new temporary grant.
The Ministry of Finance (MOF) said yesterday that the enhanced JSS payouts, which are based on wages paid from April to next month, will be disbursed in September.
Employers who put local employees on mandatory no-pay leave or retrench them will not be eligible for JSS payouts for those employees, MOF said.
"I would encourage businesses to make full use of their enhanced JSS to retain and pay their workers during this period," said Mr Wong.
The various support measures for those affected by the phase two (heightened alert) restrictions from May 16 to June 13 will not require an additional draw on past reserves, he said.
Instead, they will be funded through a reallocation of spending.