Foreign worker quota cuts: Tough love for the construction sector
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE Budget put millions of much needed rescue dollars on the table for tourism-related sectors reeling from the Covid-19 outbreak. But construction got tighter quotas on skilled foreign labour, instead of targeted goodies.
These curbs - though unwelcome for industry players - have been read as a sign that the government is looking beyond the virus crisis and pressing on with a big-picture goal to transform manpower-intensive industries.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern
