Singapore will likely not embark on "further tightening" of prevailing measures to curb the spread of Covid-19, finance minister Lawrence Wong said on Friday, May 28.

The current measures in place for the Phase 2 (Heightened Alert) period have been working as the number of new community cases has stabilised, Wong added, saying there is no need for further tightening "in our overall posture" for now.

A fuller update will be given at a press conference by the multi-ministry task force on Covid-19 on Monday, May 31, Wong said.

He also called on Singaporeans to remain vigilant and play their part by minimising their activities and movement outside of their homes.

The minister, who is co-chair of the task force tackling Covid-19, said the number of community cases has "even declined slightly".

"I think if we continue to do that... then we have a very good chance of continuing to bring down the cases and keep the infections in check," he added.

He was speaking to the media during a virtual press conference to announce enhanced support measures for businesses hit badly by the tightened restrictions.

New S$800 million support package

These measures, costing S$800 million, include enhanced wage subsidies for affected sectors such as gyms, fitness studios, performing arts organisations and arts education centres.

"If there are further extensions of the restrictions beyond June 13, the ministry will also consider whether support measures can be similarly extended," Wong said.