108,000 Singapore workers who lose jobs to get S$300

Private-sector economists had earlier said that Singapore can expect its economy to contract by 0.8 per cent in the first quarter due to the pandemic.- ST

SINGAPORE (The Straits Times/ANN): A one-time payment of up to S$300 will be given to about 108,000 workers who lose their jobs or suffer income losses due to the coronavirus outbreak, the National Trades Union Congress (NTUC) said on Wednesday (March 18), as the pandemic continues to take a toll on the global economy.

The payment will be funded by a S$25 million sum set aside by NTUC, unions and the Government, and applies only to union members.