Foreign worker quota cuts hit sectors beyond F&B, retail
Manpower Ministry says hotels, food, entertainment, real estate services, logistics to be hardest hit
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE list of businesses that will be hit hard by the upcoming foreign worker quota cuts for the services sector is a long one - covering hotels and entertainment to logistics firms.
In response to queries from The Business Times, the Ministry of Manpower (MOM) said the greatest impact would be felt in accommodation; arts, entertainment and recreation; food services; real estate services; and transportation and storage.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
