Announcement
04 Mar 2024
In March 2024, the Ministry of Manpower of Singapore changed several measures for hiring foreign workers.
Source
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Number of interventions
5
4 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2026
Revocation date:
No revocation date
Updated: 04 Mar 2024
Labour market access
On 4 March 2024, the Ministry of Manpower of Singapore announced an increase in the foreign worker levy paid by employers in the marine shipyard sector. The government increases the levy from SGD 4...
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Implementation date
01 Jan 2026
Revocation date:
No revocation date
Updated: 04 Mar 2024
Local labour requirement
On 4 March 2024, the Ministry of Manpower of Singapore announced the reduction of local labour requirements for the marine shipyard sector. The government reduces the Dependency Ratio Ceiling (DRC)...
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Implementation date
01 Jan 2025
Revocation date:
No revocation date
Updated: 04 Mar 2024
Labour market access
In force
On 4 March 2024, the Ministry of Manpower of Singapore announced an increase in the minimum qualifying salary of hired foreign workers to receive the employment pass in all sectors except the finan...
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Updated: 04 Mar 2024
Labour market access
In force
On 4 March 2024, the Ministry of Manpower of Singapore announced an increase in the minimum qualifying salary of hired foreign workers to receive the employment pass in the financial sector.
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Implementation date
01 Jul 2024
Revocation date:
No revocation date
Updated: 04 Mar 2024
Local labour requirement
In force
On 4 March 2024, the Ministry of Manpower of Singapore announced an increase in the local qualifying salary (LQS) for local employees as part of the requirement for hiring foreign workers. The LQS ...
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