Wednesday, March 9, 2011
Singapore To Raise Minimum Pay For Foreign White-Collar Labor
NasdaqSINGAPORE -(Dow Jones)- Singapore will raise the minimum salaries employers must pay to foreign white-collar and skilled technical workers, after recently announcing hikes in foreign-worker levies, as it seeks to stem inflows of overseas labor, a government minister said."Given the tight labour market for (professionals, managers, executives and technicians), salaries of local PMETs have