Grants and Subsidies

Brunei
Description of stimulus packageInstructions and informationContact
No further grants and subsidies have been released. A six-month deferment on TAP and SCP contributions will be paid in advance by the government which must be repaid within a year after the expiration of the six months.
Cambodia
Description of stimulus packageInstructions and informationContact
No wage subsidy is provided to other sectors except for those affected in the tourism and garment business.The government will help pay 20% of the US$190 monthly minimum wage of affected industry. To qualify, workers are required to attend between one and two weeks of short-term skills training organised by the Tourism Ministry.MINISTRY OF COMMERCE
Indonesia
Description of stimulus packageInstructions and informationContact
No wage subsidy is provided for businesses.
Lao PDR
Description of stimulus packageInstructions and informationContact
Details for a 13-measure package has yet to be released.
Malaysia
Description of stimulus packageInstructions and informationContact
Wage subsidy programme.All employees with a salary below RM4,000 a month will benefit from the 3-month wage subsidy programme. Companies with 200 staff members and above will be eligible for a RM600 wage subsidy, while companies that employ between 76 and 200 employees will receive RM800 for each worker. Companies that employ between one and 75 employees will receive RM1,200 for each worker. Applications can be made online at: prihatin.perkeso.gov.my.More information is available at PERKESO
Special grant (PRIHATIN Grant)Eligible micro enterprises will receive a grant of RM3,000. Micro SMEs will have to register with LHDN to enjoy this assistance.PRIME MINISTER'S OFFICE OF MALAYSIA OFFICIAL WEBSITE
Myanmar
Description of stimulus packageInstructions and informationContact
Support fund for garment sector.The EU will provide €5 million (K7.9 billion) of Myan Ku emergency cash fund to cut, make, pack (CMP) workers who have lost their jobs as a result of COVID-19.The funds will be distributed by SMART Myanmar. No specific link has been identified. Use the contact link to get more information.
Philippines
Description of stimulus packageInstructions and informationContact
No wage subsidy and special grants to businessesCash assistance are given to formal sector workers under CAMP and informal workers under TUPAD BKBK program.More information is available at the Republic of the Philippines DEPARTMENT OF LABOR AND EMPLOYMENT
Singapore
Description of stimulus packageInstructions and informationContact
Productivity Solutions Grant (PSG).The Productivity Solutions Grant (PSG) supports companies to adopt IT solutions and equipment to enhance business processes. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020.More information is available at ENTERPRISE SINGAPORE
Enhanced Job Support Scheme (Wage subsidy).Firms in all sectors will have 75% of their local employees' wages subsidised for the month of April 2020. This will apply to the first $4,600 of gross monthly wages per local employee. From May 2020, the wage support level will revert to that indicated in the Resillience budget.More information is available at MINISTRY OF FINANCE (MOF)
Wage Credit Scheme.Employers will receive 20% and 15% co-funding for qualifying wage increases in 2019 and 2020 respectively for Singaporean employees earning a gross monthly wage of up to $5,000.More information is available at MINISTRY OF FINANCE (MOF)
Thailand
Description of stimulus packageInstructions and informationContact
No wage subsidy and special grants are available for businesses.
Vietnam
Description of stimulus packageInstructions and informationContact
No wage subsidy and special grants are available for businesses.
India
Description of stimulus packageInstructions and informationContact
No information on Grants or Subsidies available at the time of last update.
Japan
Description of stimulus packageInstructions and informationContact
No information on Grants or Subsidies available at the time of last update.
Australia
Description of stimulus packageInstructions and informationContact
Jobkeeper payment (wage subsidy).Small businesses who see a decline in revenue by 30% will get 6-month wage subsidy which will be paid to employers by the Australian Taxation Office (ATO). Employers will need to pass the full amount to employees. A$1500 will be paid to employers fortnightly for every employee starting in first week of May.AUSTRALIAN TAXATION OFFICE
Cash flow support.SMEs including non-profits will be eligible if their aggregated annual turnover is under $50 million. The initial cash flow boost is based on the amount of a business’ PAYG withholding. Eligible businesses do not need to apply with a separate form. Upon lodgement of their activity statement, the first amount will automatically be credited to the business’ account, but no earlier than 28 April 2020.AUSTRALIA TREASURY
Small and Medium Enterprises (SME) Export Hubs.Organisations seeking to establish an SME export hubs in 6 specific growth sectors, (Advanced Manufacturing, Cyber Security, Food and Agribusiness, Medical Technologies and Pharmaceuticals, Mining Equipment, Technology and Services, Oil, Gas and Energy Resources) can apply for matching grants of up to A$1.5 million. The maximum grant period is 2 years 5 months and projects have to be completed by 30 June 2022. This is applicable only to an Australian incorporated not-for-profit organisation. COMMONWEALTH OF AUSTRALIA
New Zealand
Description of stimulus packageInstructions and informationContact
Wage subsidy.Businesses with 30% decline in actual or predicted revenue over the period of a month are eligible to apply. The COVID-19 Wage Subsidy will be paid at a flat rate of:
$585.80 for people working 20 hours or more per week (full-time rate)
$350.00 for people working less than 20 hours per week (part-time rate).
The subsidy is paid as a lump sum and covers 12 weeks per employee.
For more information visit MINISTRY OF SOCIAL DEVELOPMENT
Canada
Description of stimulus packageInstructions and informationContact
Emergency Wage subsidy.For March, companies will have to show a 15% decline in revenue to qualify for 75-per-cent wage subsidy to eligible employers. Charities & non-profits will have a choice to include or exclude government funding when calculating loss in revenue. Eligible employers would be able to apply for the CEWS through the Canada Revenue Agency’s My Business Account portal.For more information visit THE CANADA EMERGENCY WAGE SUBSIDY