Guard against relapse into foreign worker reliance
PM: While govt has no plans to further squeeze inflow, it will keep close watch against backsliding by employers
Singapore
THE government will still keep a close watch to ensure companies don't slip back to over-rely on foreign workers again - even as it has no plans to further squeeze their inflow, Prime Minister Lee Hsien Loong said on Tuesday.
"As I said last week, I do not expect any further major measures to tighten foreign worker numbers," he said in kicking off this year's Productivity Month at the Suntec Singapore Convention & Exhibition Centre.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1