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Increased salary thresholds for foreigners might deepen hiring woes in S'pore ICT sector
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Employees of cyber-security firm Acronis at its office in Singapore.
PHOTO: ACRONIS
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SINGAPORE -The global shortage of tech talent, which is also reflected in Singapore's labour pool, has driven wages up in the infocomm and technology (ICT) sector and created hiring challenges for firms here.
Such employment woes will be further exacerbated by an upcoming increase in the qualifying salaries for Employment Pass (EP) and S Pass applications, said industry players and observers.
