Tech firms ponder impact of tighter work pass rules
Singapore
SINGAPORE'S toughened criteria towards foreign work pass holders could put the city-state's tech talent pool under further strain and temporarily dampen expansion plans for some in the industry, but observers reckon this is the right step in easing concerns among Singaporeans.
On Sunday, Prime Minister Lee Hsien Loong said Singapore will tighten its criteria for those entering the city-state on Employment Passes (EPs) and S Passes, amid growing resentment towards foreign work pass holders.
TRENDING NOW
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
Not in education, employment or training: Why more Hong Kong youths are opting out of work
Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey
Grab completes US$425 million acquisition of US-based Stash Financial