Temporary Relief Fund - to help Singapore Citizens and PRs who have lost their jobs, or a substantial portion of their income due to COVID-19
COVID-19 Support Grant - help Singapore Citizens and PRs who are presently unemployed
The Courage Fund - help lower-income households whose family member(s) have contracted COVID-19, or are on SHN, mandatory LOA, or HQO
Self-Employed Person Income Relief Scheme
Self-Employed Person Training Support Scheme
Workfare Special Payment - payouts for lower-income workers increased
Jobs Support Scheme - help firms retain local workers
Jobs Growth Incentive - boost hiring of local workers, special focus on older workers
SGUnited Jobs - creating jobs, training for first-time job seekers
Enterprise Financing Scheme (Working Capital Loan component-enhanced) - help enterprises access working capital more easily
Wage Credit Scheme (enhanced) - co-funds wage increases for Singaporean employees
Tax rebates - for tourism, aviation sector and qualifying commercial property
$77 million support package (transport sector) - drivers to receive a relief each day for three months
Rental waivers for hawkers, market stallholders
SingapoRediscover Vouchers - to explore local culture and heritage, and help the tourism industry
Startup SG Founder programme (enhanced) - provides mentorship and start-up capital grants for first-time entrepreneurs with innovative business ideas
...
There have been many schemes rolled out to help citizens both employees and employers tide through this period. However, there will be some that fall through the gap. Individuals who require more assistance should definitely raise up the issue with the relevant statuary board or organisation.
Support to Help Singaporeans (~$100 billion)
Temporary Relief Fund - to help Singapore Citizens and PRs who have lost their jobs, or a substantial portion of their income due to COVID-19
COVID-19 Support Grant - help Singapore Citizens and PRs who are presently unemployed
The Courage Fund - help lower-income households whose family member(s) have contracted COVID-19, or are on SHN, mandatory LOA, or HQO
Self-Employed Person Income Relief Scheme
Self-Employed Person Training Support Scheme
Workfare Special Payment - payouts for lower-income workers increased
Jobs Support Scheme - help firms retain local workers
Jobs Growth Incentive - boost hiring of local workers, special focus on older workers
SGUnited Jobs - creating jobs, training for first-time job seekers
Enterprise Financing Scheme (Working Capital Loan component-enhanced) - help enterprises access working capital more easily
Wage Credit Scheme (enhanced) - co-funds wage increases for Singaporean employees
Tax rebates - for tourism, aviation sector and qualifying commercial property
$77 million support package (transport sector) - drivers to receive a relief each day for three months
Rental waivers for hawkers, market stallholders
SingapoRediscover Vouchers - to explore local culture and heritage, and help the tourism industry
Startup SG Founder programme (enhanced) - provides mentorship and start-up capital grants for first-time entrepreneurs with innovative business ideas
...
Overall Unemployment Rate Compared to Other Countries/%
Philippines - 10.0 (Jul)
USA - 7.9 (Sep)
Hong Kong - 6.7 (Sep)
Malaysia - 4.7 (Aug)
Germany - 4.6 (Aug)
UK - 4.5 (Aug)
Taiwan - 3.99 (Aug)
Singapore - 3.4 (Aug)
4.5 resident unemployment (Oct)
Japan - 3.0
Is It Enough
There have been many schemes rolled out to help citizens both employees and employers tide through this period. However, there will be some that fall through the gap. Individuals who require more assistance should definitely raise up the issue with the relevant statuary board or organisation.