Impact of diesel tax hike, foreign labour leads debate
MPs raise concerns about the effect of these policy changes on businesses, especially the smaller ones
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Singapore
THE impact of the diesel tax hike and the tightening of foreign manpower quotas on businesses, and issues of long-term fiscal sustainability dominated the second day of the Budget debate in Parliament on Wednesday.
Members of the house voiced their concerns about the ability of firms - especially small and medium-sized enterprises (SMEs) - to cope with the changes unveiled by Finance Minister Heng Swee Keat on Feb 18.
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