You are here

BUDGET 2015

A more nuanced approach to restructuring

Embracing innovation instead of relying on cheap foreign labour will reap greater long-term rewards

cpf06.jpg
Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam announced that foreign worker levy hikes earlier scheduled for this July would be pushed back a year

Singapore

SINGAPORE will slow the pace at which it is squeezing foreign worker inflows, but the government made sure that this would not be mistaken for a U-turn on restructuring.

Even as Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam announced that foreign

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom