SINGAPORE: Eligible taxi main hirers and private hire car drivers will get a one-off relief of S$150 as part of a S$1.5 billion support package, Senior Minister of State for Finance and Transport Chee Hong Tat announced on Tuesday (Jun 21).
They will receive the relief in August this year.
Additionally, the Government will provide one month of foreign worker levy waiver for Singapore's 11 chicken slaughterhouses to cushion the impact of Malaysia's export ban.
As part of support measures for self-employed people, combi bus drivers, limousine drivers and delivery drivers and motorcycle riders will get up to S$300 in cash.
Drivers of combi buses and limousines must be members of the National Private hire Vehicles Association, while delivery drivers and motorcycle riders must be part of the national Delivery Champions Association to qualify for the relief.
They will have to apply under the NTUC Freelancers and Self-Employed Unit Relief Scheme.
“Fuel price increases have increased costs for many self-employed persons who depend on their vehicles for livelihoods,” the Ministry of Finance (MOF) said in a separate media statement.
Speaking at a press conference, Mr Chee noted that pump prices have gone up 30 to 40 per cent in the past six months.
Given that Malaysia's export ban on live chicken has cut off the livelihoods of chicken slaughterhouses, they will receive one month of foreign worker levy wavier.
This will help preserve industry capabilities amid the export ban, MOF said.
Speaking at the press conference, Finance Minister Lawrence Wong said that the support measures in the package are tilted towards helping our lower income and vulnerable groups because they are the ones who are disproportionately impacted.
The Government anticipated the rise in prices at the beginning of the year and responded with a comprehensive set of measures during the Budget in February and brought forward Budget measures, said Mr Wong, who is also Deputy Prime Minister.
Since then, however, the global growth and inflation environment have proved to be more challenging, he noted.
“Ukraine war has put tremendous stresses on global supply chains and protectionist measures by countries has compounded supply chain disruptions,” he said.
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They will receive the relief in August this year.
Additionally, the Government will provide one month of foreign worker levy waiver for Singapore's 11 chicken slaughterhouses to cushion the impact of Malaysia's export ban.
As part of support measures for self-employed people, combi bus drivers, limousine drivers and delivery drivers and motorcycle riders will get up to S$300 in cash.
Drivers of combi buses and limousines must be members of the National Private hire Vehicles Association, while delivery drivers and motorcycle riders must be part of the national Delivery Champions Association to qualify for the relief.
They will have to apply under the NTUC Freelancers and Self-Employed Unit Relief Scheme.
“Fuel price increases have increased costs for many self-employed persons who depend on their vehicles for livelihoods,” the Ministry of Finance (MOF) said in a separate media statement.
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Speaking at a press conference, Mr Chee noted that pump prices have gone up 30 to 40 per cent in the past six months.
Given that Malaysia's export ban on live chicken has cut off the livelihoods of chicken slaughterhouses, they will receive one month of foreign worker levy wavier.
This will help preserve industry capabilities amid the export ban, MOF said.
Speaking at the press conference, Finance Minister Lawrence Wong said that the support measures in the package are tilted towards helping our lower income and vulnerable groups because they are the ones who are disproportionately impacted.
The Government anticipated the rise in prices at the beginning of the year and responded with a comprehensive set of measures during the Budget in February and brought forward Budget measures, said Mr Wong, who is also Deputy Prime Minister.
Since then, however, the global growth and inflation environment have proved to be more challenging, he noted.
“Ukraine war has put tremendous stresses on global supply chains and protectionist measures by countries has compounded supply chain disruptions,” he said.
Continue reading...