PM Lee: Govt doesn’t plan to curb inflow of foreign labour as they help create good jobs for Singaporeans
The Malay Mail Online, 4 Oct 2014
Singapore probably won’t need more measures to restrain the inflow of foreign workers as a further tightening could deter overseas companies from setting up business in the city, prime minister Lee Hsien Loong said.
The pace of increase for foreign workers has slowed and the country’s economic restructuring is under way, Lee said in a speech yesterday. A drop in investment by overseas companies may also hurt job opportunities for the city’s citizens, Lee said.
The latest “numbers do show that the foreign worker growth has slowed to a more sustainable level, and is about where we want it to be,” Lee said. “I do not expect any further measures to tighten foreign worker numbers further.” Full story