Yahoo! News Singapore, 27 Jul 2012
In a paper released on Thursday, the National Population and Talent Division (NPTD) noted that the Government has to calibrate the inflow of foreigners into the workforce to “support a shift to a higher value, more productive economy”.
Several measures already put in place, including higher levies, lower Dependency Ratio Ceilings and higher income and education criteria for the foreign workforce, have been progressively tightened across all skills levels.
Some will have to be phased in over time to allow businesses to restructure and adapt. Full story
