SINGAPORE: British bank Barclays and German pharmaceutical company Boehringer Ingelheim are among the businesses that have returned or donated the Jobs Support Scheme payouts.AdvertisementAnother 29 firms that received the funds for April have pledged to decline future payouts from the Government.during the Budget statement in February, had been enhanced in subsequent budgets to help firms retain their workers as businesses take a hit from the impact of COVID-19.
“Despite the macroeconomic downturn caused by the COVID-19 situation, the bank’s position remains robust,” Mr Bagary said, citing its strong corporate and investment bank business. Boehringer Ingelheim donated S$500,000 of its payouts to five organisations: The Migrant Workers Fund; Sayang Sayang Fund; Invictus Fund; SG Red Cross and the Society for the Prevention of Cruelty to Animals .
Medicine orders have recently gone up as some customers request “additional quantities to ensure uninterrupted supply during these uncertain times”. In a Facebook post on Sunday, Finance Minister Heng Swee Keat lauded such companies for their"sense of responsibility and shared community". Mr Heng also said he hopes companies will also show recognition and appreciation for workers who have stepped up during the"circuit breaker" period.
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COVID-19: 32 companies return Jobs Support Scheme wage subsidies worth S$35 millionSINGAPORE: A total of 32 companies have returned Jobs Support Scheme (JSS) payouts worth a combined S$35 million as of May 9, a Ministry of ...
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Covid-19: 32 companies return Jobs Support Scheme wage subsidies worth S$35 millionSINGAPORE — A total of 32 companies have returned Jobs Support Scheme (JSS) payouts worth a combined S$35 million as of May 9, a Ministry of Finance (MOF) spokesperson said on Sunday (May 10). Show the names of the companies as they deserve the recognition. It’s a very huge and symbolic gesture and deserves our support and more then what they have returned.
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32 companies return Jobs Support Scheme payouts worth S$35mSOME businesses here have either returned or donated the government payouts received from the Jobs Support Scheme (JSS), as a form of solidarity with the local community amid the Covid-19 outbreak. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
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Source: BusinessTimes - 🏆 15. / 51 Read more »
Some companies are returning, donating Jobs Support Scheme payouts: Heng Swee KeatA German pharmaceutical group and a nutritional products firm are among those that will donate their payouts to others in need.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
32 companies return $35 million of Jobs Support Scheme payouts; others are donating the fundsA German pharmaceutical group and a nutritional products firm are among those that will donate their payouts to others in need.. Read more at straitstimes.com. This is a great thing and these companies deserve the respect of being named to be honoured. I wonder how many are from companies making huge profits of this lockdown.
Source: The Straits Times - 🏆 8. / 63 Read more »