Brunei: MoFE Announces Interim Measures to Support Private Sector

Submitted by pmassetti on
measures summary
  • Payment deferment of employer’s contribution (both TAP and SCP scheme) for 6 months for local employees with salary of BND 1,500 and below in MSME in all sectors with less than 100 employees.
  • Fully Fund SelfEmployed SCP Contribution. To assist self-employed members affected by the COVID-19 pandemic in the country to have ongoing Survivorship Protection for a period of 6 months starting April 2020.
  • Government subsidy of 25% for salary payment of 3 months for local employees with salary of BND 1,500 and below in MSME in all sectors with less than 100 employees.
  • Funded apprentice’s (under iReady programme) allowance and contribution (both TAP and SCP scheme) for 18 Months.
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