Businesses need a diverse pool of skilled talent for growth

In recent weeks, Singapore's labour policy has come under scrutiny, particularly the impact of foreign workers on wages and employment.

In Parliament earlier this month, Minister for Trade and Industry Chan Chun Sing addressed the need to manage the number and quality of foreign workers to strike a balance between economic needs and social acceptance. He also highlighted that working towards zero growth in Singapore's foreign manpower is hard to achieve in practice without serious implications and trade-offs for the economy.

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A version of this article appeared in the print edition of The Straits Times on February 21, 2020, with the headline 'Businesses need a diverse pool of skilled talent for growth'. Print Edition | Subscribe