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Singapore’s Coveted Expat Jobs Threatened by Local Hire Push
- Companies increasingly encouraged to support domestic talent
- Covid-19 had already dented demand for overseas workers
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Singapore has long been the city of choice for Western expats wanting an easy entrée into Asia. Clean, efficient, with low tax rates, it’s often seen as rivaling Hong Kong, especially with that city hit by street protests and unrest over China’s new national security law.
Yet just when Singapore should be a magnet for global talent, some recruiters say the barriers to entry are mounting. The city is facing the worst recession in its history, forcing a rethink for some firms on expansion and hiring plans. Alongside soaring unemployment has come a spike in rhetoric against foreigners, seen by some Singaporeans as taking jobs from locals.