Cautious outlook: People crossing a street in Singapore’s Chinatown district. Similar to 2024, most employers cite rising manpower costs as a key challenge. — AFP
SINGAPORE: More bosses here are planning for hiring freezes and wage moderation in 2026, according to a new survey commissioned by the Singapore National Employers Federation (SNEF).
It found that 72% of the 238 employers polled said they faced uncertain prospects in 2025, up from 58% in 2024.
