Some companies are returning, donating Jobs Support Scheme payouts: Heng Swee Keat

SINGAPORE - Some companies have decided to return the Government's Jobs Support Scheme payments and decline future payouts, while others are donating the money to charity, said Deputy Prime Minister Heng Swee Keat on Sunday evening.

A total of $7 billion, which will go to more than 140,000 employers, has been set aside under the scheme to help cover the wages of over 1.9 million local employees here. The Invictus Fund, which channels private donations to social service agencies and was set up in April, has raised over $2 million in just over a month. The Sayang Sayang Fund was started by the Community Foundation of Singapore, and has raised nearly $1 million on donations portal Giving.sg to date.

He added that the company plans to do the same for future JSS payouts, provided its business in Singapore and the region continues to remain healthy.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

MICE companies struggling to survive, request more supportDESPITE increased financial support for businesses amid the novel coronavirus outbreak, companies in the meetings, incentive travel, conventions and exhibitions (MICE) ecosystem are still struggling to survive and dreading the end of the circuit breaker when wage subsidies for them will revert to lower levels. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »