Rikvin Pte Ltd

Singapore Company Registration Specialists

  • WhatsApp Us+65 8699 8821
  • Get a Quote Now


  • Home
  • Services
    • Incorporation
    • Corporate Secretary
    • Taxation
    • Transfer Pricing
    • Accounting
    • Immigration
    • HR Outsourcing
    • Business Advisory & Support
    • Switch to Rikvin
  • Learn
    • Incorporation
    • Work Visas
    • Taxation
    • Accounting
    • Compliance
    • Resources
    • Blogs
    • Infographics
    • Industry Guides
    • FAQs
  • Tools
    • Company Name Check
    • SSIC Codes Search
    • AGM Calculator
    • Tax Calculators
    • Personal Tax Calculator
    • Corporate Tax Calculator
    • Global Tax Calculator
    • Work Visas
    • PEP Assessment
    • More Free Tools
  • About
  • Contact
You are here: Home / Blogs / Singapore Clarifies Immigration, Labour Policies to France

Singapore Clarifies Immigration, Labour Policies to France

Russia Singapore

During a France-Singapore Business Forum in Paris last week, Mr. Jean Burelle, Chairman of the MEDEF International, the French Business Confederation, has flagged work visas as an issue to French businessmen who have plans to expand to Singapore.

In response to that, PM Lee Hsien Loong said that Singapore is in the midst of an economic restructuring, which requires it to work towards improving its people’s lives and capabilities. This is according to a report on the Straits Times, titled “Policy on foreigners must be sustainable: PM Lee.”

PM Lee also acknowledged that Singapore still has to manage its foreign worker and immigration policies carefully as it still requires foreigners for its economic and demographic needs.

He asserted that this is because no society can generate that range of skills, experiences and talent on its own. Hence, it must seek talent from all over the world. For example, he said that Singapore is investing to make its own workforce more productive in sunrise industries. In the same swoop, professionals like scientists and workers in the construction and manufacturing sectors would help complement Singapore’s workforce and make it vibrant economic hub.

Taking foreign talents out of the equation simply isn’t realistic or meaningful. While we understand the pain points felt by many Singaporeans, this issue, like PM Lee said, must be handled carefully and has great bearing on our progress as a country and economy.

Secondly, he said foreigners help Singapore’s demographically. Like many developed nations, Singapore has a growing ageing population and a low fertility rate. New permanent residents and citizens who want to sink deeper roots in Singapore may procreate or migrate with their families, thus growing Singapore’s population.

Although these needs are pertinent, PM Lee explained that Singapore’s immigration and foreign worker policies must be sustainable over the long term and contribute to a larger social and political good. At the same time, Singapore must maintain some openness as an economy in order to nurture win-win relationships with other countries.

Singapore Clarifies Immigration and Labour Policies to FranceDuring the visit to Paris, PM Lee met French President Francois Hollande and reaffirmed the strategic partnership and keenness to improve bilateral trade through the newly enforced EU-Singapore Free Trade Agreement (EUSFTA) as well as other avenues in Asia and the Eurozone. Mr Hollande affirmed that Eurozone is stabilizing and that investment and collaborative opportunities are available for Singapore companies in France.

There are currently more than 1000 French companies in Singapore, representing a 50% increase since 2008.

As discussed last year, in our blog “Singapore Must Maintain Strategic Open-Door Policy on Pain of Further Brain Drain,” it is more prudent for the city state to maintain a strategic open-door policy in order to maintain a vibrant economy that in turn serves Singaporeans well.

“Taking foreign talents out of the equation simply isn’t realistic or meaningful. While we understand the pain points felt by many Singaporeans, this issue, like PM Lee said, must be handled carefully and has great bearing on our progress as a country and economy,” said Mr. Satish Bakhda, Head of Operations at Rikvin.

Rikvin Company Registration in Singapore
Rikvin Content

Rikvin’s content team includes in-house and freelance writers across the globe who contribute informative and trending articles to guide aspiring entrepreneurs in taking their business to the next level in Asia.

Singapore Poised to be Gateway to the East for Gulf Economies
More MNCs Moving Top Executives to Asia

Contact Us

  • Rikvin Pte. Ltd. is a part of InCorp Group. All data collected in Rikvin.com website are part of In.Corp Global’s Privacy terms and conditions.

  • This field is for validation purposes and should be left unchanged.

Learning Guide

  • Incorporating a Company in Singapore
  • Singapore Immigration and Work Visas
  • Singapore Taxation
  • Accounting Services
  • Singapore Business Infographics
  • Singapore Industry Guides

Latest Posts

  • Going Offshore: Cayman Islands Company Incorporation vs Setting Up a BVI Company
  • Why Engage a Corporate Secretarial Services Provider?
  • Singapore Tax Basics: A Must-Read Guide for Business Owners
  • Singapore Dividend Taxes: Everything You Need to Know
  • 2024 Singapore GST Rate Change Transitional Rules
InCorp GroupPrimeGlobal

Rikvin Pte Ltd

EA License No. 11C3030

36 Robinson Road,
#20-01 City House,
Singapore 068877

Company Registration

  • Company Incorporation
  • Subsidiary Registration
  • Branch Registration
  • Representative Office Registration
  • Offshore Company Registration

Immigration

  • Employment Pass Guide
  • ONE Pass Guide
  • Tech.Pass Guide
  • Singapore Work Visas
  • SG Immigration Options

Taxation

  • Corporate Tax Guide
  • Personal Tax Guide
  • Tax Filing Calendar
  • Singapore GST Guide
  • Transfer Pricing

Resources

  • Infographics
  • FAQs
  • Singapore Company Name Check
  • Income Tax Calculator
  • Incorporate Now

© 2025 Rikvin Pte Ltd (UEN 200708442E) An InCorp Group Company. All Rights Reserved.

Terms of Use | Privacy Policy

Sitemap | Terms of Use | Privacy Policy

© 2025 Rikvin Pte Ltd. UEN: 200708442E · All Rights Reserved.