Key Support Measures for the F&B sector - Updated as of 1 Jul 2020
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Key Support Measures for the F&B sector [Updated as of 1 Jul 2020]
The Government will provide support to help companies overcome
immediate challenges and retain jobs, in response to COVID-19
Retain & Develop
Manage cashflows Deepen capabilities
Talent
• Digital Resilience Bonus • Enhanced Jobs Support Scheme
• Enhanced Temporary Bridging Loan
• Enhanced Working Capital Loan • Enhanced Enterprise • Enhanced Wage Credit Scheme
Development Grant (EDG) • SGUnited Jobs
• Enhanced Property Tax Rebates
• Enhanced Productivity Solutions • Career Trial Programme
• Additional Rental Relief for SMEs
Grant (PSG)
from Govt and Landlords
• Enhanced Training Support
• FWL Waiver + Rebate
2Your business is badly affected by
COVID-19.
You need to address immediate
cash flow concerns to keep your
business afloat.
How can you leverage on the
Budget to manage cash flow
issues?
Manage 3
cashflowsManage
1 Enhanced Enterprise Financing cashflows
Schemes
Temporary Bridging Loan Working Capital Loan
• Expanded to cover SG SMEs and Non-SMEs • Open to SG SMEs from ALL sectors
from ALL sectors
• $1 million max loan quantum
• Eligible enterprises can borrow up to $5 million
per borrower group from Participating • Borrowers may request for a 1-year
Financial Institutions (PFIs), with interest rate deferral of principal repayment,
capped at 5% per annum subject to the banks’ assessment
• Borrowers may request for a 1-year deferral of
principal repayment, subject to the banks’
assessment
From 1 April 2020 – 31 March 2021
4
For more info, please visit ESG websiteManage
2 Rental Relief Support Measures cashflows
Enhanced Property Tax Rebates (PTR)
• COVID-19 (Temporary Measures) Bill to ensure pass-through of PTR from property
owners to tenants
• 100% rebate for qualifying commercial properties (translates to ~1.2 mths rental relief)
• 60% rebate for the Integrated Resorts
• 30% rebate for other non-residential properties
5
For more info, please visit IRAS websiteManage
2 Rental Relief Support Measures cashflows
Additional rental relief for SMEs (Government)
• Rental cash grants for SME tenants in privately owned non-residential properties.
Cash grants will automatically be disbursed to property owners who are required to
pass on benefits to SME tenants. Cash grants amounts to:
• ~0.8 months to tenants of qualifying commercial properties
• ~0.64 months to tenants of qualifying industrial/office properties
• 5 months’ rental waiver for hawkers
• 4 months’ rental waiver for commercial tenants in Govt properties
• 2 months’ rental waiver for industrial, office and agricultural tenants of Govt agencies
6
For more info, please visit MinLaw/ IRAS websiteManage
2 Rental Relief Support Measures cashflows
Additional rental relief for SMEs (Landlords)
• Landlords of privately owned non-residential properties will provide additional
rental relief for eligible SMEs who have seen a significant drop in their average
monthly revenue (>35%) due to COVID-19:
• 2 months’ rental waiver to qualifying tenants of commercial properties
• 1 months’ rental waiver to qualifying tenants of industrial/office properties
• More implementation details will be announced later
7
For more info, please visit MinLaw/ IRAS websiteManage
3 Foreign Worker Levy cashflows
• For all businesses in April and May 2020:
• Waiver of monthly Foreign Worker Levy
• Foreign Worker Levy Rebate of $750 from levies paid this year, for
each Work Permit or S Pass holder
• For businesses that are unable to resume operations after 2 June 2020:
• 100% FWL waiver and $750 rebate in June 2020
• 50% FWL waiver and $375 rebate in July 2020
8
For more info, please visit MOM websiteTo prepare for economic
rebound, you hope to take this
opportunity to deepen
capabilities.
Perhaps adopting more digital
solutions?
How can you leverage on the
Budget to deepen capabilities?
Manage 9
cashflowsDeepen
1 Digital Resilience Bonus capabilities
• Pilot with Food Services and Retail sectors
• Payout of up to $5,000 to help businesses digitalise with PayNow Corporate, e-
invoicing, business process or e-commerce solutions
• Additional payout of $5,000 for businesses that adopt advanced digital solutions
like data mining and analytics
1 2 Sign up for 3 No need to submit 4
Take up and use Receive bonus, to
PayNow Corporate info; solution be paid out from
an approved
and Peppol e- provider to send Aug onwards
solution*
Invoicing on your behalf
* Approved solution under SMEs Go Digital programme. Cat (1) Accounting, HR / Payroll, Digital Ordering - $2500; Cat (2) Online Food delivery - $2500; and Cat (3)
Data mining and analytics - $5000. Using all 3 categories will give you a maximum of $10,000.
10
For more info, please visit IMDA websiteDeepen
2 Enhanced Enterprise Development capabilities
Grant (EDG)
• Up to 80% support for all projects
• Up to 90% support for sectors most severely impacted by COVID-19 and safe
distancing measures, on a case-by-case basis
From 1 April 2020 – 31 December 2020
3 Enhanced Productivity Solutions Grant (PSG)
• Up to 80% support of pre-approved productivity solutions and equipment
From 1 April 2020 – 31 December 2020
11
For more info, please visit ESG websiteDeepen
4 Enhanced Training Support capabilities
• Up to 90% Course Fee Subsidy
• Applicable for Food Services sector
• Enhanced Absentee Payroll rate: support 90% of hourly basic salary (capped at
$10 per trainee-hour)
• Interested companies to sign up with training providers
• For more comprehensive info on Jobs and Skills support schemes, visit the new
Enterprise Portal for Jobs and Skills at www.enterprisejobskills.sg
12
For more info, please visit SSG websiteYou hope to keep as many
workers as you can.
But you may have to tighten
your belt.
How can you leverage on the
Budget to retain and even
develop talent?
Manage 13
cashflowsRetain &
1 Enhanced Jobs Support Scheme (JSS) Develop Talent
• Co-fund 25% of the first $4,600 of gross monthly wages for SC/PR employees
for 10 months (extended)
• Topped-up to 75% for the months of April and May
• For businesses that are not allowed to resume operations post-Circuit
Breaker, you will continue receiving 75% JSS until August 2020 or when you
are allowed to resume operations (whichever is earlier)
• Increased base tier support from 25% to 50% for F&B sector
• Shareholder-directors with assessable income less than $100k are now
eligible
For more info, please visit IRAS websiteRetain &
Develop Talent
2 Enhanced Wage Credit Scheme (WCS)
• Co-fund 15% of qualifying wage increases (of at least $50) in 2020
• Qualifying wage ceiling raised from $4,000 to $5,000
For more info, please visit IRAS website
3 SGUnited Jobs Apprenticeship
• Co-fund wage costs of companies offering traineeships to first-time jobseekers
For more info, please visit WSG website
15Retain
Retain&&
Develop
DevelopTalent
4 Career Trial Programme Talent
• 30% salary support to encourage companies to give jobseekers an opportunity
to try out new jobs on a short-term basis (~6 months) to assess job
• Available for both full-time and part-time workers
• Capped at $5,400 per full time hire and $2,700 per part time hire
• Capped at 6 months support
• For employers open to hire unemployed SCs who have been actively looking for
jobs for 6 months
16
For more info, please visit WSG websiteAdditional Information and Relevant Contacts
# Measure How to apply? Contact
1 Enterprise Financing Schemes – Apply from DBS: 1800 2222 200
Temporary Bridging Loan (TBL), Working Capital Loan (WCL): Participating OCBC: 6538 1111
Financial UOB: 1800 2266 121
Relevant links: Institutions e.g. ESG Infoline: 6896 1800
Budget https://www.singaporebudget.gov.sg/docs/default- DBS, OCBC, UOB
source/budget_2020/download/pdf/supplementary_annexb7.pdf directly
ESG https://www.enterprisesg.gov.sg/financial-assistance/loans-and-
insurance/loans-and-insurance/temporary-bridging-loan-
programme/overview
DBS https://www.dbs.com.sg/sme/financing/government-assisted-
schemes/temporary-bridging-
loan.page?gclid=Cj0KCQjw6PD3BRDPARIsAN8pHuGga8upQZU_uxTQys
QhdKp9_-OIDavTGvfP--JR3MblCANfiw3viOoaAkkEEALw_wcB
OCBC https://www.ocbc.com/business-banking/loans/temporary-bridging-
loan.html
UOB https://www.uob.com.sg/business/finance/business-bundle-loan.pageAdditional Information and Relevant Contacts
# Measure How to apply? Contact
2 Rental Relief Support No application MinLaw
required. Further Hotline: 1800 225 5529
Relevant links: details on appeal Online enquiry form:
mechanism will be https://eservices.mlaw.gov.sg/enqu
Budget https://www.singaporebudget.gov.sg/docs/default-
iry/
source/budget_2020/download/pdf/fortitude_annexb2.pdf announced shortly
MinLaw https://www.mlaw.gov.sg/covid19-relief/rental-relief-framework-for-
smes IRAS
https://www.iras.gov.sg/irashome/Property/Property-
Hotline: 6356 8233 or
IRAS
owners/Working-out-your-taxes/Property-Tax-Reliefs/ 1800 356 8300
3 Foreign Worker Levy Waiver and Rebate No application Hotline: 6438 5122
required Email:
Relevant link: mom_qsm@mom.gov.sg
MOM https://www.mom.gov.sg/covid-19/frequently-asked-questions/levy-
rebate-and-levy-waiverAdditional Information and Relevant Contacts
# Measure How to apply? Contact
4 Digital Resilience Bonus No application Hotline: 6377 3800
required Email: info@imda.gov.sg or
Relevant links: DRBonus@enterprisesg.gov.sg
Budget https://www.singaporebudget.gov.sg/docs/default-
source/budget_2020/download/pdf/fortitude_annexb3.pdf
IMDA https://www.imda.gov.sg/drbonus?utm_medium=sem&utm_source=
google&utm_campaign=sg-digital&utm_content=drbonus
5 Enhanced Enterprise Development Grant (EDG) and Apply at Business ESG Infoline: 6896 1800
Productivity Solutions Grant (PSG) Grant Portal (BGP) Email:
at enquiry@enterprisesg.gov.sg or
Relevant links: businessgrants.gov.sg food_division@enterprisesg.gov.sg
Budget https://www.singaporebudget.gov.sg/docs/default-
source/budget_2020/download/pdf/supplementary_annexb9.pdf
ESG https://www.enterprisesg.gov.sg/financial-assistance/grants/for-
local-companies/enterprise-development-grant/overview
https://www.enterprisesg.gov.sg/financial-assistance/grants/for-
local-companies/productivity-solutions-grantAdditional Information and Relevant Contacts
# Measure How to apply? Contact
6 Enhanced Training Support Apply at Hotline: 6785 5785
Relevant links: SkillsConnect Email: Feedback portal at
SSG https://www.ssg.gov.sg/programmes-and- platform at https://portal.ssg-
initiatives/training/enhanced-training-support-for-smes.html www.skillsconnect. wsg.gov.sg/feedback
https://www.ssg.gov.sg/content/dam/ssg- gov.sg
wsg/ssg/ETSP/ETSP_FAQs_Final.pdf
7 Jobs Support Scheme No application Hotline: 1800 352 4728
Relevant links: required Email: go.gov.sg/payout
Budget https://www.singaporebudget.gov.sg/docs/default-
source/budget_2020/download/pdf/supplementary_annexb1.pdf
ESG https://www.iras.gov.sg/irashome/Schemes/Businesses/Jobs-
Support-Scheme--JSS-/
8 Wage Credit Scheme No application Hotline: 1800 352 4727
Relevant link: required Email: wcs@iras.gov.sg
IRAS https://www.iras.gov.sg/IRASHome/Schemes/Businesses/Wage-
Credit-Scheme--WCS-/Additional Information and Relevant Contacts
# Measure How to apply? Contact
9 SGUnited Jobs Apprenticeship Apply at Hotline: 6883 5885
https://form.gov.sg/#!/5 Email: Feedback portal at
e85abfb172ded0011ca2
Relevant links: 668
https://portal.ssg-
wsg.gov.sg/feedback
WSG https://www.wsg.gov.sg/SGUnitedTraineeships-
HostCompanies.html?utm_source=website&utm_medium=WSG&ut
m_campaign=lion&utm_term=graduate%2Binternship%2Btraineeshi
p&utm_content=company
https://www.wsg.gov.sg/content/dam/ssg-wsg/wsg/sgunited-
hostcompanies/SGUT_FAQs_HostOrganisations_Jun2020_Online.pdf
10 Career Trial Programme Apply through Hotline: 6883 5885 (WSG) or
WSG website or 6474 0606 (e2i)
Relevant link: e2i website Email: Feedback portal at
https://portal.ssg-
WSG https://www.wsg.gov.sg/programmes-and-initiatives/career-trial-
jobseekers.html
wsg.gov.sg/feedbackThank You This material contains confidential and/or official information. The terms and conditions governing its use can be found at www.enterprisesg.gov.sg/Terms-of-Use.
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