Although higher Singapore Employment Pass (EP) requirements have been in effect since 1 July 2011, Singapore company registration specialists, Rikvin, has observed that the number of Singapore EP applications between H2 (i.e. July to December) 2010 and H2 2011 has increased by 22.5%.
Inclusive of renewals, Singapore EP application numbers has increased by 25.7% year-on-year (y-o-y) between 2010 and 2011. Over the same period, the number of fresh Singapore EP applications alone has increased by 13.7%. On the other hand, the number of Singapore EP applications increased by only 5.2% between January and June 2010 (H1 2010) and H1 2011. Full story
