More than 1.5 million foreigners help Singapore plug the manpower gap. Read more at straitstimes.com.
SINGAPORE – Tighter controls on hiring lower-skilled foreign workers are more likely to prompt companies to recruit more locals, compared with tightening access to foreign workers who are higher-skilled, said Manpower Minister Tan See Leng on Monday.
He added: “This has therefore informed our approach of remaining open to high quality foreign professionals, while maintaining a disciplined stance in regulating the number of work permit holders through quotas and levies.” “It is important that our policies enable firms to access foreign workers who complement the local workforce, so that the firms can grow and create more opportunities for locals,” Mr Tan said.
The impact of the interventions studied might also change if they are applied beyond a certain scale or at a different time period, he added. “If you continue to tighten, it actually can have a worse-off effect for the development of our country in terms of the economic progress as well as industry developments,” he said.Given that positive job outcomes for locals after tightening controls on foreign workers are less apparent in the higher-skilled bracket, Mr Perera asked whether Singapore is not producing enough highly skilled or qualified professionals to fill these jobs.
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