Manufacturing, oil and gas, chemical sectors may be hardest hit by foreign worker wage hikes: SMF
The Singapore Manufacturing Federation says sectors like general manufacturing, oil and gas, and chemicals will be hardest hit by hikes announced during the Budget on Feb 12. Starting next year, the qualifying salary for S Pass holders will go up by S$300, while that for Employment Pass holders will rise by S$400. Work permit levies for some sectors will also increase from 2028. CNA speaks to Chief Executive Officer of the Singapore Business Federation, Kok Ping Soon.
The Singapore Manufacturing Federation says sectors like general manufacturing, oil and gas, and chemicals will be hardest hit by hikes announced during the Budget on Feb 12. Starting next year, the qualifying salary for S Pass holders will go up by S$300, while that for Employment Pass holders will rise by S$400. Work permit levies for some sectors will also increase from 2028. CNA speaks to Chief Executive Officer of the Singapore Business Federation, Kok Ping Soon.
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