Singapore's work pass tightening may push up business costs; balance needed to draw skilled talent
SINGAPORE – Singapore will need to strike a balance between ensuring it remains entrenched as a global financial and manufacturing hub while soothing the disquiet among locals over competing for jobs with foreigners.
While reiterating their commitment to Singapore and their own fair hiring practices, local and foreign companies, chambers of commerce, trade bodies and experts hoped the new employment regulations will not be protectionist or result in lopsided barriers of entry against foreign talent.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.
Source: Read Full Article