SINGAPORE, March 5 -- Maybank Singapore will provide one-off ex-gratia payments to more than 800 junior employees in recognition of their work and to ease cost-of-living pressures, a spokesperson said.

According to Singapore's Business Times, the payout includes S$1,250 (RM3,860) for 200 unionised executives, along with additional quarter-month bonuses for over 600 other junior staff.

Maybank Singapore employs more than 2,000 people in the city-state.

"Our employees have shown consistent dedication despite a challenging operating environment," said Alvin Lee, country chief executive of Maybank Singapore.

"This ex-gratia payment reflects our gratitude and our commitment to supporting colleagues who are most affected by daily expenses."...