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
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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