NEWS
SINGAPORE’S PUBS TRADE RAISED FUNDS TO HELP FRONTLINE WORKERS & OWNERS
By Siulan Law Mathews DipWSET
21-8-2020
Credit: Tim Marshall/Unsplash
Singapore Cocktail Bar Association (SCBA) has raised SGD120,00 (USD87,600) to help employees from the bar and pub industry whose financial situations are affected the COVID-19 lockdown.
Set up in April with an immediate aim of helping bar and pub workers to survive COVID-19 hardships and a long-term aim of being an active voice for the cocktail community in Singapore, SCBA is expecting to help up to 240 affected bar employees with this first round of fund.
Eligible applicants are Singapore nationals and permanent residents with work pass who have lost their jobs, or are transiting between employers within the cocktail industry, or have had their salary cut by 30% or more between 1 April and 30 June 30 this year.
The relief amount is capped at SGD500 per individual, whose salary does not exceed SGD3,400 per month.
In a statement released earlier this week, the SCBA said half of the SGD120,00 was raised from corporate sponsors, with the rest matched by the Singapore Business Federation Foundation via its SGD2million Compassion Fund to help businesses affected by COVID-19.
The SCBA is also raising funds for a second and third round of reliefs aiming at supporting member bars directly.
Dubbed New Bar Support Fund and Industry Recovery Fund, these two aim at offering one month of rental relief to bars less than a year old and subsidising member bars up to SGD1,000 to help their recovery efforts.
Pubs and bars in Singapore have been hit hard by COVID-19. Premises with bar licenses still cannot reopen, though premises with restaurant licences have now reopened, they have to reduce their capacity and have to close by 10:30pm.
(the writer can be contacted at: info@thewinechronicle.com)
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