Singapore expat jobs under threat in recession, push for local hire


SINGAPORE: Singapore has long been the city of choice for Western expats wanting an easy entry into Asia. Clean, efficient, with low tax rates, it’s often seen as rivaling Hong Kong, especially with that city hit by street protests and unrest over China’s new national security law.

Yet just when Singapore should be a magnet for global talent, some recruiters say the barriers to entry are mounting. The city is facing the worst recession in its history, forcing a rethink for some firms on expansion and hiring plans. Alongside soaring unemployment has come a spike in rhetoric against foreigners, seen by some Singaporeans as taking jobs from locals.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
expats , low tax rates , Hong Kong , local hiring

Next In Business News

Shares and bonds surge, oil slides on Iran deal
Tech, financial stocks lead Bursa Malaysia rally
Kerjaya Prospek unit secures RM529.32mil contract to construct villa residences in Bukit Tunku
Pentech eyes 40% recurring revenue contribution in three years
Inflation expected to remain between 1.5% and 2.5% this year - Akmal Nasrullah
CIDB appoints Ahmad Farrin as new chief executive
Foreigners extend selling streak in Asia, reaching US$13.61bil total outflows - MBSB IB
Bursa Malaysia joins Asian rally as US-Iran reach peace deal
Improved market sentiment lifts ringgit at opening
Shares jump, oil skids in Asia on news of Gulf deal

Others Also Read