Singapore Budget 2019: Foreign worker DRC to be cut by 5% to 35% by 2021; foreign levy rates unchanged.

Government plans to restructure Singapore’s economy to boost productivity and raise income in the lower and middle strata will proceed without change. Foreign worker levy rate 2019 will also remain the same (including S Pass levy and Work Permit Levy), and... More

Government plans to restructure Singapore’s economy to boost productivity and raise income in the lower and middle strata will proceed without change. Foreign worker levy rate 2019 will also remain the same (including S Pass levy and Work Permit Levy), and transitional support measures to aid local firms adjust to minor new changes in foreign workforce policy. Less