Singapore Budget 2018: Foreign worker levy rates for marine shipyard, process sectors unchanged

THE planned Foreign Worker Levy hikes for the marine shipyard and process sectors will be deferred for another year, Singapore's Finance Minister Heng Swee Keat told parliament on Monday.

The levy rates for work permit holders in the marine sector basic tier R1 and R2 will stay at S$300 and S$400 respectively, while rates for the process sector's basic tier R2 and MYE (man-year entitlements)-Waiver tier R2 workers will remain at S$450 and S$750 respectively.

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