Singapore to slow down hiring of foreign workers

AFP
SINGAPORE — Singapore said Monday it will raise levies to curb the hiring of foreign workers, amid growing unease among locals over the influx of guest workers and immigrants in recent years.
The phased-in increase from July 1 is aimed at reducing dependence on foreign workers, who already comprise almost a third of the city-state's total workforce, Finance Minister Tharman Shanmugaratnam said.
"We should moderate the growth of the foreign workforce and avoid a continuous increase in its proportion of the total workforce," he said in presenting the 2010 fiscal year budget in parliament. Full Story