In spite of an impending silvering tsunami, the government has announced support for elderly care. However, increasing productivity without increasing dependence on foreign manpower, is still key.
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Singapore’s economic success hinges on the quality of its workforce. The country’s workforce has consistently ranked as the one of the most productive and competitive worldwide.
The Singapore Employment Pass framework has been tightened for the second time in 6 months to elevate the quality of professionals in the republic.
The changes to the Singapore work pass framework over the past two years represent the government’s concerted efforts to wean employers off their dependency on low-cost and basic-skilled foreign manpower.