Rikvin Supports Call for Higher Productivity and Skills

Rikvin Supports Call for Higher Productivity and Skills Singapore company registration specialists Rikvin is optimistic that the latest measures to moderate Singapore’s dependence on basic-skilled foreign workers are a step in the right direction. Although... More

Rikvin Supports Call for Higher Productivity and Skills Singapore company registration specialists Rikvin is optimistic that the latest measures to moderate Singapore’s dependence on basic-skilled foreign workers are a step in the right direction. Although widely contested during the recently-concluded Budget 2012 debates, Singapore company registration specialists Rikvin is optimistic that the latest measures to moderate the country’s dependence on basic-skilled foreign workers are a step in the right direction. Rikvin supports the Singapore government’s call for business owners and workers to take road to higher productivity and skills. According to the Budget 2012 statement, the Dependency Ratio Ceilings (DRCs) for foreign workers will be lowered by 5% respectively in the manufacturing and services sectors to 65% and 50% respectively. Similarly, the sub-DRC of the S Pass for all sectors will be lowered by 5% to 20%. Additionally, the construction industry will see a 5% reductio Less