Singapore will remain “open and connected” as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade & Industry Minister Chan Chun Sing said.
New rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, Chan said Friday in an interview with Bloomberg Television’s Haslinda Amin. The city-state is trying to attract higher-skilled workers and will remain open to foreign talent, he said.
