Global Trade Alert
Global Trade Alert

Singapore: Transition Support Scheme and migration restrictions introduced in 2013 budget

Announcement

25 Feb 2013

In February 2013, the government of Singapore announced a change for the labour market access of foreign workers and a targeted tax change.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2013

Revocation date:

No revocation date

Announced: 25 Feb 2013
Labour market access In force
In his budget speech of 23 February 2013, the Deputy Prime Minister announced a number of migration policies. One of them were "selective further Dependency Ratio Ceiling (DRC) cuts for sectors where ...
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Implementation date

01 Apr 2013

Revocation date:

No revocation date

Announced: 25 Feb 2013
Tax or social insurance relief In force
On 25 February 2013, Deputy Prime Minister and Minister of Finance, Tharman Shanmugaratnam, held the 2013 budget speech in the Singaporean parliament. Among the biggest changes was the introduction of...
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Implementation date

25 Feb 2013

Revocation date:

31 Dec 2015

Announced: 25 Feb 2013
Local content incentive
On 25 February 2013, Deputy Prime Minister and Minister of Finance, Tharman Shanmugaratnam, held the 2013 budget speech in the Singaporean parliament. Among the biggest changes was the introduction of...
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Implementation date

25 Feb 2013

Revocation date:

No revocation date

Announced: 25 Feb 2013
Financial grant In force
On 25 February 2013, Deputy Prime Minister and Minister of Finance, Tharman Shanmugaratnam, also announced the Productivity and Innovation Credit Bonus with a total budget of SGP 450 million (ca. USD ...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70857

interventions

194

jurisdictions