Covid threatens Singapore's business hub crown

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

While Singapore is keen to make assurances that it is still open to workers from overseas, it is inevitable that some of them will no longer feel welcome.

On Sunday evening, the country's Prime Minister Lee Hsien Loong highlighted these issues in his National Day speech.

Like other governments in the region, Singapore has at times during the pandemic had different border rules for its citizens and foreign residents. There is already some evidence to suggest that these policies are having an impact on the number of foreign workers in Singapore. Federico Donato, President of the European Chamber of Commerce, said parts of this workforce are vital for Singapore's development:

"Countries everywhere face the same concerns about whether foreigners are taking over jobs and opportunities for locals, whether you might result in higher income and wealth inequalities, whether there will be unfair hiring practices, these are not unique to Singapore," the country's Finance Minister Lawrence Wong told the BBC just days before the Prime Minister's speech.Simon Hayes is an executive recruiter at Andrews Partnership in Singapore.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore does welcome expats. IMHO, Low income population is still too much who feel like they are left far behind economic growth and fierce competition, like it’s very common in Chinese background companys to work OT like 996 for example Bytedance and Ants Finance in Singapore

So family’s tolerance level is very low…..

No no we welcome you..seriously. really. Haha.

Ireland Ireland Latest News, Ireland Ireland Headlines