Foreign white-collar workers looking for a share of Singapore’s prosperity may soon find the going a little tougher. Prime Minister Lee Hsien Loong used part of his National Day speech last week to promise concerned citizens that conditions for employment passes would become stricter, with higher salary and qualification requirements.

As sectors of Singapore’s economy soared in the past year, so did threats of inflation and housing prices, causing many locals to worry whether they’d be able to compete for even average-salaried office jobs to pay for it all. These concerns rattled Singapore’s ruling party, the long-serving People’s Action Party, which recorded a record low (though still relatively high) 60% share of the vote at the most recent elections.

In his speech, PM Lee cautioned Singaporeans against becoming xenophobic towards foreign workers and reminded them the country would remain open to immigration. The raised minimum monthly salaries for the three types of employment visa (Q, P1 and P2) represent a 12-14% increase and will now be: S$2,800 (US$2,318), S$4,000 (US$3,311) and S$8,000 (US$6,623) respectively.

source & article: Xinhua (via philstar.com)