"The lid on foreign worker numbers will have to stay because it is neither sustainable nor desirable if the proportion of foreign workers rises," Manpower Minister Lim Swee Say was quoted as saying by The Straits Times.
The minister, however, acknowledged that firms face growing uncertainty over the business environment and the Government can do more to explain its foreign worker policies to them.
"Some wonder whether their sectors are still important and how they can attract Singaporean workers," he said, adding that, "there is a greater need for us to explain to the business community why there is no easy way out of this present tight labour market".
"(Otherwise), one day, Singaporeans will wake up to find ourselves as a minority in our Singapore workforce," Lim said.
The Minister, however, did promise to review some of the other manpower policies in place, such as the national jobs bank, because policies are "never static", The Straits Times cited Mr Lim, who recently took over the ministry.
He set out four broad areas in his new role. These are: to boost competitiveness, keep the workforce lean, nurture a core group of Singaporean workers, and use the foreign workforce as a complement to the local workforce.
Lim, who served as secretary-general of the National Trades Union Congress (NTUC) in his last posting, has held meeting with industry associations like the Singapore Chinese Chamber of Commerce and Industry and several foreign business chambers since he became the manpower minister a month ago.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
