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Cheesepies Papayas make all our loss jobs from AI implementation goes to import AI talents to eliminate Sinkies' rice bowls. Daft Sinkies shiok siah.

WangChuk

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https://www.asiaone.com/singapore/m...pass-targeted-ai-and-tech-talent-january-2027

singapore

MOM to introduce new work pass targeted at AI and tech talent from January 2027​

MOM to introduce new work pass targeted at AI and tech talent from January 2027

MOM will be raising the EP minimum qualifying salary from $5,600 to $6,000.
PHOTO: AsiaOne/Danial Zahrin
PUBLISHED ON March 03, 2026 4:49 PM BY Dana Leong

The Ministry of Manpower (MOM) will be introducing a foreign workforce policy targeted at AI and tech talent from January 2027, said Minister for Manpower Dr Tan See Leng.

Speaking at the Committee of Supply debates in Parliament on Tuesday (March 3), Dr Tan said that the new Overseas Networks & Expertise (ONE) Pass will help strengthen Singapore's position as a global hub for AI and tech talent.

The updated ONE Pass will replace the Tech.Pass which was introduced in 2021 and aims to recognise key industry leaders by offering more attractive terms.

Currently, there are over 8,000 employees on ONE Pass, the minister said.

An applicant for ONE Pass must earn at least $30,000 a month for 12 consecutive months leading up to the date of application in addition to at least five years of experience in C-suite or technical roles.

Employment, S Pass qualifying salaries to go up​

The ministry will also be updating foreign workforce policies on a broader scale.

As announced by Prime Minister Lawrence Wong during his Budget 2026 address, MOM will be raising the minimum qualifying salaries for Employment and S Passes to achieve a more productive, manpower lean foreign workforce.

Dr Tan said the new Employment Pass (EP) and S Pass qualifying salaries will apply to new applications from January 2027, and to renewal applications for passes expiring from January 2028.

Based on the top one-third of local PMET wages, the minimum qualifying salary for an EP will be increased from $5,600 to $6,000, and will continue to increase progressively with age, up to $11,500 for a candidate in their mid-40s.

Those in the financial services sector will also be subject to a higher qualifying salary.

Additionally, those who are applying for an S Pass will have to earn a minimum of $3,600, in line with wages of the top one-third of local associate professionals and technicians and up from the current $3,300.

"We must stay open to skills and expertise from abroad, while ensuring they continue to complement our local workforce," he said.

The minister emphasised that EP and S Pass qualifying salaries are regularly updated to keep pace with local wage benchmarks and ensure that foreigners do not compete mainly based on accepting lower salaries.


Similar to the EP, the S Pass qualifying salary will continue to increase progressively with age.

He said that the minimum qualifying salary is expected to be around $4,000 to $4,500 by around 2030, depending on prevailing local wages and economic conditions.
 
More Shiok Ahead…

South Korea’s Kospi plunges 8% amid selloff in the region as Middle East war escalates​

PUBLISHED TUE, MAR 3 20266:59 PM ESTUPDATED 2 MIN AGO
thumbnail

Lee Ying Shan@IN/YING-SHAN-LEE@LEEYINGSHAN
WATCH LIVE
KEY POINTS
  • South Korea’s Kospi declined 8%, extending a steep selloff from Wednesday.
  • Investors are looking toward an annual parliamentary meeting by China’s policymakers that kicks off on Wednesday.
  • Chinese Premier Li Qiang is set to announce a series of economic targets at the NPC.
In this article
Follow your favorite stocksCREATE FREE ACCOUNT
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Photo: Bernd von Jutrczenka/dpa (Photo by Bernd von Jutrczenka/picture alliance via Getty Images)

19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear).
 

China’s factory activity slumps more than expected in February as holiday disrupts production​

PUBLISHED TUE, MAR 3 20268:42 PM ESTUPDATED 37 MIN AGO
thumbnail

Anniek Bao@IN/ANNIEK-BAO-460A48107/@ANNIEKBYX
WATCH LIVE
KEY POINTS
  • The official manufacturing purchasing managers index fell to 49 in February.
  • That marks a second straight month of contraction in PMI.
LIANYUNGANG, CHINA - MARCH 1, 2026 - A cargo ship is parked at a berth loading and unloading containers at the Lianyungang Port Container Terminal in Jiangsu Province, China on March 1, 2026, (Photo credit should read CFOTO/Future Publishing via Getty Images)

A cargo ship is parked at a berth loading and unloading containers at the Lianyungang Port Container Terminal in Jiangsu Province, China on March 1, 2026.
Cfoto | Future Publishing | Getty Images
China’s factory activity faltered in February as manufacturers paused production and cargo shipment to celebrate an extended holiday, an official survey showed on Wednesday.

The official manufacturing purchasing managers index fell to 49 in February, according to the National Bureau of Statistics, missing economists’ forecast for 49.1. A reading below 50 indicates contraction, while levels above that threshold signal expansion.
 
Another money making opportunity to save the day…

CNBC Daily Open: Trump promises insurance and protection for Gulf shipping​

PUBLISHED TUE, MAR 3 20267:48 PM ESTUPDATED 2 HOURS AGO
thumbnail

Lim Hui Jie@IN/HUI-JIE-LIM-A7371176/
WATCH LIVE
KEY POINTS
  • Trump said the U.S. will offer insurance for Gulf shipping.
  • U.S. markets pare losses on Trump’s reassurance.
  • A prolonged surge in natural gas prices could hit Europe and Asian economies.
  • Outages in apps and digital services in the UAE as AWS data centers hit.
03 March 2026, USA, Washington: US President Donald Trump speaks during a meeting with Chancellor Merz (CDU) at the White House. Topics include the war in Iran, the tariff dispute between the EU and the USA, the Russian war of aggression against Ukraine and China policy. Photo: Kay Nietfeld/dpa (Photo by Kay Nietfeld/picture alliance via Getty Images)

US President Donald Trump speaks during a meeting with Chancellor Merz (CDU) at the White House. Topics include the war in Iran, the tariff dispute between the EU and the USA, the Russian war of aggression against Ukraine and China policy.
Kay Nietfeld | Picture Alliance | Getty Images
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Trump said the U.S. will offer insurancefor “ALL Maritime Trade” in the Middle East, adding that the U.S. Navy would escort ships through the Strait of Hormuz, if necessary.

U.S. markets pared losses after Trump’s post, with the Dow Jones Industrial Averageending down 403.51 points, or 0.83%. At its lowest, the Dow was down more than 1,200 points. The S&P 500 slipped 0.94%, while the Nasdaq Composite shed 1.02%.
 
https://www.asiaone.com/singapore/m...pass-targeted-ai-and-tech-talent-january-2027

singapore

MOM to introduce new work pass targeted at AI and tech talent from January 2027​

MOM to introduce new work pass targeted at AI and tech talent from January 2027

MOM will be raising the EP minimum qualifying salary from $5,600 to $6,000.
PHOTO: AsiaOne/Danial Zahrin
PUBLISHED ON March 03, 2026 4:49 PM BY Dana Leong

The Ministry of Manpower (MOM) will be introducing a foreign workforce policy targeted at AI and tech talent from January 2027, said Minister for Manpower Dr Tan See Leng.

Speaking at the Committee of Supply debates in Parliament on Tuesday (March 3), Dr Tan said that the new Overseas Networks & Expertise (ONE) Pass will help strengthen Singapore's position as a global hub for AI and tech talent.

The updated ONE Pass will replace the Tech.Pass which was introduced in 2021 and aims to recognise key industry leaders by offering more attractive terms.

Currently, there are over 8,000 employees on ONE Pass, the minister said.

An applicant for ONE Pass must earn at least $30,000 a month for 12 consecutive months leading up to the date of application in addition to at least five years of experience in C-suite or technical roles.

Employment, S Pass qualifying salaries to go up​

The ministry will also be updating foreign workforce policies on a broader scale.

As announced by Prime Minister Lawrence Wong during his Budget 2026 address, MOM will be raising the minimum qualifying salaries for Employment and S Passes to achieve a more productive, manpower lean foreign workforce.

Dr Tan said the new Employment Pass (EP) and S Pass qualifying salaries will apply to new applications from January 2027, and to renewal applications for passes expiring from January 2028.

Based on the top one-third of local PMET wages, the minimum qualifying salary for an EP will be increased from $5,600 to $6,000, and will continue to increase progressively with age, up to $11,500 for a candidate in their mid-40s.

Those in the financial services sector will also be subject to a higher qualifying salary.

Additionally, those who are applying for an S Pass will have to earn a minimum of $3,600, in line with wages of the top one-third of local associate professionals and technicians and up from the current $3,300.

"We must stay open to skills and expertise from abroad, while ensuring they continue to complement our local workforce," he said.

The minister emphasised that EP and S Pass qualifying salaries are regularly updated to keep pace with local wage benchmarks and ensure that foreigners do not compete mainly based on accepting lower salaries.


Similar to the EP, the S Pass qualifying salary will continue to increase progressively with age.

He said that the minimum qualifying salary is expected to be around $4,000 to $4,500 by around 2030, depending on prevailing local wages and economic conditions.
Dr. Tan See Leng should be emigrated to India to become Deputy PM in India, assistance to Modi, he really loves CECA Indians very much.
Singapore is too pathetic small for him
 
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