Shocking. Minister knew about Foreign workers depressing wages but still continued?
This was said by ex-EDB man and Minister Lee Yock Suan
Having clarified all these, I just want to say that I agree basically with Mr Goh Chee Wee that if the work permit policies are too liberal, the result could be to depress local wages. On the other hand, if we do not allow new projects to hire foreignworkers, the investments may not come to Singapore. Therefore, we have to allow some foreign workers to come in, but regulate the foreign worker population carefully to avoid the long-term social and economic costs. I hope my clarification has laid to rest this issue of low paid Singaporean workers.
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