Renewal of Employment Passes for Foreign Workers
- R Dhinakaran asked for the number and breakdown of non-renewed Employment Passes in the first half of the year and the industries affected.
- The Acting Minister reported that about 2,600 EPs were not renewed, with over half being Q1 Pass holders, primarily in Wholesale and Retail Trade, Professional Services, and Information and Communications, due to tightened qualifying criteria.
- Dhinakaran inquired if companies were complaining about the tight labour market and considering relocating, which could hurt local employment.
- The Minister acknowledged concerns from both local and foreign firms but emphasized Singapore’s broader competitiveness and the government’s calibrated approach to productivity-led growth.
- The overall message stressed the need for tightening foreign labour policies to support a more productivity-focused and manpower-lean economic model.