Singapore's work pass tightening may push up business costs; balance needed to draw skilled talent

There was also concern over the emphasis on salary differences, without due consideration for quality. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.