Lee Says Singapore Must Be Careful Not to Overdo Labor Curbs
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Singapore must avoid going too far on foreign-worker curbs to remain competitive in attracting businesses and investors, Prime Minister Lee Hsien Loong said.
The island should be careful not to “overdo” measures to restrict the inflow of overseas labor as it will raise the cost of doing business and make it harder for companies to operate in the city-state, Lee said in a Labor Day speech to more than 1,000 union leaders and members today.