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Singapore Budget 2019: Singapore to cut services sector dependency ratio ceiling, defer foreign worker levy rates for shipyard and process sectorsSINGAPORE will reduce the services sector Dependency Ratio Ceiling (DRC) in two steps, from 40 per cent to 38 per cent on Jan 1, 2020, and to 35 per cent on Jan 1, 2021, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore says tighter foreign worker rules are a 'surgical' move[SINGAPORE] Singapore's Minister for Trade and Industry Chan Chun Sing said the tightening in foreign worker rules announced in the Budget this week was a 'surgical' move targeted at specific industries to make the labour market more sustainable. Read more at The Business Times.
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Singapore Budget 2019: Lower foreign worker quota in services sector; continued support for unemployed PMETsSINGAPORE - To keep Singapore's services sector competitive, companies in the sector will have to rely even less on foreign workers.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Singapore Budget 2019: Building Singapore as a Global-Asia node of technology, innovation and enterpriseSINGAPORE will press on with industry transformation and build its position as a Global-Asia node of technology, innovation and enterprise, to open up new opportunities as technologies advance and converge. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore Budget 2019: Singapore to launch new Professional Conversion Programmes for new growth areasSINGAPORE will launch new Professional Conversion Programmes (PCPs) relating to blockchain, embedded software and prefabrication to prepare Singaporeans to move into new growth areas, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »