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Singapore Minister: Will Study The Need To Further Raise Foreign Worker Levies
SINGAPORE -(Dow Jones)- The Singapore government will study the need to further raise foreign worker levies, Minister for National Development Mah Bow Tan said Wednesday, an indication that the city-state is keen to moderate the inflow of foreign laborers.
"We cannot simply continue to rely on the employment of more low-cost foreign workers," Mah said at a conference.
He said that Singapore faces some difficulties in setting aside land for the housing and recreational needs of these foreign workers.
"We must raise our workers' skill levels, deploy more technology and re- engineer our construction work processes."
In February last year, the government said it would raise the levies on foreign workers in phases, starting in July 2010. By 2012, employers will be expected to pay about S$100 more in levy for each foreign worker in the manufacturing and services sector, while the increase for construction workers could be higher.
"We will monitor the impact of levy increases and study the need to further raise levies and cut man-year entitlement quotas to boost productivity," Mah said.
Singapore Minister: Will Study The Need To Further Raise Foreign Worker Levies
SINGAPORE -(Dow Jones)- The Singapore government will study the need to further raise foreign worker levies, Minister for National Development Mah Bow Tan said Wednesday, an indication that the city-state is keen to moderate the inflow of foreign laborers.
"We cannot simply continue to rely on the employment of more low-cost foreign workers," Mah said at a conference.
He said that Singapore faces some difficulties in setting aside land for the housing and recreational needs of these foreign workers.
"We must raise our workers' skill levels, deploy more technology and re- engineer our construction work processes."
In February last year, the government said it would raise the levies on foreign workers in phases, starting in July 2010. By 2012, employers will be expected to pay about S$100 more in levy for each foreign worker in the manufacturing and services sector, while the increase for construction workers could be higher.
"We will monitor the impact of levy increases and study the need to further raise levies and cut man-year entitlement quotas to boost productivity," Mah said.
