ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Singapore juggles global talent vs local jobs under COVID threat

Lee warns against turning inward but new policy raises cost of foreign hiring

Singapore's leaders are under pressure to protect jobs for citizens without missing out on foreign talent.   © Reuters

SINGAPORE -- Simmering discord over Singapore's skilled foreign workforce resurfaced this week, as lawmakers gathered to debate policies for the first time following the competitive general election in July.

Prime Minister Lee Hsien Loong on Wednesday stressed in parliament that the city-state remains open to overseas investors, even as his government tightens rules on hiring of non-locals. After immigration emerged as one of the hottest issues in an election that saw the opposition make unprecedented gains, Lee is walking a fine line -- attempting to reassure citizens hit by the COVID-19 pandemic without scaring off businesses.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more