Business

Coronavirus: Government to absorb additional operating costs for dormitory operators during circuit breaker, Singapore News & Top Stories

[ad_1] SINGAPORE – The government will foot the bill for the increased operating costs incurred by dorm operators due to dorm closings and home stay notices imposed on some 300,000 foreign workers in Singapore. Restricted movement measures confining this group in their places of residence have resulted in additional costs, …

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The banking and pharmaceutical giant among the companies that returned or donated wage subsidies from the Employment Support Plan

[ad_1] SINGAPORE: British bank Barclays and German pharmaceutical company Boehringer Ingelheim are among the companies that have returned or donated the Employment Support Plan (JSS) payments. A total of 32 companies returned wage subsidies worth a combined S $ 35 million, the finance ministry said on Sunday (May 10). Ad …

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