SINGAPORE: Singapore is putting focus on “quality, rather than quantity” with the latest increases to the qualifying salaries of foreigners on ...
, said Trade and Industry Minister Chan Chun Sing on Saturday .
“Whenever the economic conditions require it, we will progressively adjust the qualifying salaries for the foreign employees coming into Singapore because in doing this, we raise the headroom for Singaporeans to compete while at the same time, it doesn’t affect the really top tier of talent that we want to attract from the world.
Given how Singapore is a small country with a finite labour pool, it will “need some portion of foreign complement in the different sectors” that it seeks to grow and diversify into, he added. “While we accept that we don't yet have enough … talent in these sectors, we will do what we can to ramp up the production and training of our people as fast as we can,” said Mr Chan, noting that this includes the retraining of middle-aged workers to help them transition into burgeoning industries.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore seeks 'quality' labour in new foreign worker rules: Chan Chun Sing[SINGAPORE] Singapore will remain 'open and connected' as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade and Industry Minister Chan Chun Sing said. Read more at The Business Times.
Read more »
Daily Debrief: What Happened TodayDaily debrief: Sabana-ESR merger: MAS says safeguards in place, manager notes 'fair' scheme; Singapore seeks 'quality' labour in new foreign worker rules: Chan Chun Sing; and more at
Read more »
Singapore seeks ‘quality’ labour in new foreign worker rulesSingapore will remain “open and connected” as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade & Industry Minister Chan Chun Sing said.
Read more »
Singapore reports 94 new COVID-19 cases, including 58 at Sungei Tengah LodgeSINGAPORE: Singapore reported 94 new COVID-19 infections as of noon on Friday (Aug 28), with more than half of the cases from its largest foreign ...
Read more »
COVID-19: Enhanced crew-changing procedures, new holding and quarantine facilities for seafarersSINGAPORE: The Maritime and Port Authority of Singapore (MPA) on Friday (Aug 28) announced a slew of measures to facilitate crew changes and ...
Read more »
New SCDF vehicle, dubbed ‘first in the world’, can treat first responders with signs of heat injurySINGAPORE: Singapore Civil Defence Force (SCDF) firefighters battling a raging industrial blaze can spend hours doing backbreaking work while ...
Read more »