SINGAPORE BUDGET 2019 ·
Subscribers

Labour crunch takes centre stage in the House

MPs all abuzz about how to ease manpower shortage on first day of Budget debate

Singapore

WITH Singapore's ageing local workforce projected to start shrinking next year, the labour pool was a hot topic in Parliament, as its debate on this year's Budget began on Tuesday.

More investment in skills training and technology, as well as the retention of older workers and the recruitment of stay-at-home caregivers, were floated by a host of lawmakers in the wake of planned - but controversial - cuts to the dependency ratio ceiling, or foreign worker quotas.

"We cannot just open the floodgates to foreign manpower in order to solve our zero net local workforce growth challenge," Senior Minister of State for Defence Heng Chee How said of the tightened labour controls. "We have to look...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes