PUBLISHED ONFebruary 23, 2015 8:46 AMByJamie Lee
The government will defer this year's round of announced levy increases for S Pass and Work Permit Holders in every sector, Tharman Shanmugaratnam, Deputy Prime Minister and Finance Minister, said on Monday.
Mr Tharman said this will give companies, especially small- and medium-sized enterprises (SMEs), more time to adapt to the "new normal of a permanently tight labour market, where it is both difficult to find Singaporean employees, and foreign workers are no longer an easy solution".
Get the full story from The Business Times.