Today Online | 5 November 2018
SINGAPORE — Forget about Singapore’s foreign worker curbs easing up — at least on the low-skilled end.
Finance Minister Heng Swee Keat says the policy to limit the inflow of cheap non-Singaporean labour has forced companies to invest in automation and other productivity-boosting measures, and the island nation doesn’t plan to change that.
For higher-skilled work, however, Singapore is forging ahead with a campaign to attract the best talent in order to meet its digital economy goals.
“We cannot continue to rely on sort of low-cost foreign workers, because we need to move towards productivity- and innovation-driven growth,” Mr Heng said in an interview on Friday (Nov 2).
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