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IMPACT — MEDIUM
The Singaporean government recently announced that it will accept applications for temporary increases in work pass quotas through the Manpower for Strategic Economic Priorities scheme.
Key Points:
BAL Analysis: The M-SEP scheme signals Singapore’s commitment to promote economic growth and create more jobs for Singaporeans and foreign nationals alike. Eligible companies benefit from additional S Pass and Work Permit quotas and will allow them to access a larger labor market.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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