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Business chambers voice concerns that anti-foreigner sentiment may give impression Singapore becoming closed to global investment, talent | Malay Mail

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Business chambers voice concerns that anti-foreigner sentiment may give impression Singapore becoming closed to global investment, talent

Responding to concerns about the rise of anti-foreigner sentiment, Trade and Industry Minister Chan Chun Sing said Singapore would continue to welcome foreign investments and global talent. — Picture from Facebook/Ministry of Manpower via TODAY

In response, Chan told the participants that Singapore remains committed to being open and connected to the world. The participants said that many of their members were worried that such sentiments and scrutiny were giving the wrong impression to the international business community that Singapore was becoming closed to foreign investments and global talents.The participants said that global talent continues to be needed to augment the local workforce in order to meet the needs of the changing economy, SBF said.

The participants also reiterated the commitment of SBF member companies to fair hiring practices and to providing equal learning and development opportunities. He encouraged participants to showcase these efforts, so that more people could better understand the role that foreign companies and global talent play in the development and growth of Singapore’s economy and its workforce.

Participants welcomed the nation’s efforts to reopening its borders, but urged the Government to push for further opening of borders with more countries, and to extend the pilot Business Travel Pass to more companies and employees.

 

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