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Singapore Budget 2021: Key highlights for HR and employers


Published: 17 February 2021
A S$700mn extension to the Jobs Support Scheme, deeper investments in businesses, and more - these are some of the things HR, employers and employees can look forward to in the next few years, as part of Singapore s Budget 2021 initiatives.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance Heng Swee Keat delivered his #SGBudget2021 speech in Parliament on Tuesday (16 February), putting forth a slew of measures to be undertaken to help Singapore build resilience and emerge stronger post-pandemic.
Measures announced in the Emerging Stronger Together Budget 2021 include a six-month extension on the Jobs Support Scheme, enhanced salaries for healthcare workers, additional funding for the Jobs Growth Incentive to encourage local hires, and more. ....

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Guide to SME grants and Covid-19 measures to support businesses in Singapore


The LPG is for companies that are looking to optimise land use through either domestic or overseas relocation.
The LPG helps to defray part of the costs that arise from the relocation, such as relocation cost, third-party consultancy fees and manpower costs.
Grant amount: Ranges from 10 per cent to up to 70 per cent of the qualifying costs.This grant amount is also dependent on the amount of land freed up and the remaining lease term.
Eligibility criteria:
Company has to be currently situated on industrial land
For overseas relocation, company must demonstrate strong linkages from the relocated activities to the activities carried out in Singapore ....

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