Singapore has announced a number of measures to support employers and workers as part of the country’s 2022 budget.

Mayumi Soh of Pinsent Masons MPillay, the Singapore joint law venture between MPillay and Pinsent Masons said: “It is important that employers review the new measures to better understand how they will be impacted and take any necessary action."

The budget (95-page / 880KB PDF) includes a S$500 million (US$372m) Job and Business Support Package. Small and medium enterprises (SMEs) badly hit by Covid-19 will get S$1,000 (US$742) per local employee, up to a maximum of S$10,000 each firm. Eligible firms must have an annual operating revenue of less than S$100m, or employ less than 200 employees as of 31 December 2021, among other criteria.

The package covers SMEs in business sectors including food and beverage, retail, performing arts and arts education, tourism, hospitality, conventions and exhibitions businesses. Operators of sports facilities, cinemas, museums, art galleries, historical sites, indoor playgrounds and other family entertainment centres are also included.

Eligible local sole proprietors and partnerships and hawkers, market and coffeeshop stallholders licensed by the Singapore Food Agency, will get a one-off payout. These businesses do not hire local employees, so are not entitled to the employee-specific grants.

Workers who lost jobs or have been placed on involuntary no-pay leave due to the pandemic will be able to apply for the Covid-19...

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