Wage Credit Scheme (WCS)

Budget 2020

$4 bil support package for Singapore enterprises, workers to offset effects of Covid-19

The stabilisation and support package consists of two parts: a new Jobs Support Scheme worth $1.3 billion, and improvements to the existing Wage Credit Scheme.

Singapore Budget

Singapore Budget 2018: Government to continue supporting firms amid worries on rising business costs

SINGAPORE (Feb 19): As firms remain concerned about business costs, the government will continue to support firms in their restructuring and upgrading journey, said Finance Minister Heng Swee Keat as he delivered the 2018 Budget statement in Parliament t