The new rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, Mr Chan said Friday in an interview with Bloomberg Television’s Haslinda Amin.
In another interview with CNA on Saturday, Mr Chan said: “The way to interpret the recent changes is this, we are making a move towards quality, rather than quantity … and this is what we have done progressively over the years.
“Whenever the economic conditions require it, we will progressively adjust the qualifying salaries for the foreign employees coming into Singapore because π’π§ ππ¨π’π§π ππ‘π’π¬, π°π π«ππ’π¬π ππ‘π π‘ππππ«π¨π¨π¦ ππ¨π« ππ’π§π ππ©π¨π«πππ§π¬ ππ¨ ππ¨π¦π©πππ π°π‘π’π₯π ππ ππ‘π π¬ππ¦π ππ’π¦π, π’π ππ¨ππ¬π§’π ππππππ ππ‘π π«πππ₯π₯π² ππ¨π© ππ’ππ« π¨π πππ₯ππ§π ππ‘ππ π°π π°ππ§π ππ¨ ππππ«πππ ππ«π¨π¦ ππ‘π π°π¨π«π₯π.”
He added: in doing this, we raise the headroom for Singaporeans to compete while at the same time, it doesn’t affect the really top tier of talent that we want to attract from the world.
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