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SINGAPORE – A one-time payment of up to $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 $25 million sum set aside by NTUC, unions and the Government and apply only to union members.
Those who are self-employed and are union members are also eligible for the NTUC Care Fund (Covid-19).
“Workers in Singapore, especially those in sectors such as aviation, tourism and point-to-point transport, are experiencing hardship due to losses in income amidst the Covid-19 outbreak,” NTUC said.
“NTUC, its affiliated unions and associations together with the Singapore Government are banding together in a show of support to help our workers by providing them with temporary cash relief which will help to ease their daily expenses during this period of hardship.”
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.
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