Yesterday, Cabinet agreed to the details of a new nationwide wage subsidy scheme to assist workers and businesses as the country works together to contain the recent COVID-19 outbreak. The new wage subsidy is for two weeks of support at the same rate as the existing wage subsidy extension. To qualify for the new subsidy, a firm must have had or be predicting a revenue drop of at least 40 percent for any consecutive period of at least 14 days within the period of 12 August to 10 September compared to a similar period last year.