Why now the IT companies seem reluctant to sponsor EP?

Last activity 01 May 2023 by surya2k

331 Views

2 replies

Post new topic

TechExpert007New member30 April 2023 13:44:08

According to my impression, immigration seems to have further tighten down in Singapore. Most companies seem reluctant to sponsor EP. And all local companies require PRs. Is this true? Is anyone else having the same experience?

I would like to also know what my fellow Malaysians are encountering?

beppiGermany - Singapore Expert30 April 2023 21:52:09

15314

Employers are required to hire locals and/or PRs for all jobs where suitable candidates are available.

This has not changed, but possibly the availability of suitable, local candidates has?

In any case, the political climate against foreigners in Singapore has been tightening for years.

surya2kVIP Member01 May 2023 03:34:48

2890

Agreed with Beppi. In future it’s going to be tightened further. From September onwards for new EPs and renewal of EPs will be going through a point based system.

On IT sector, currently it’s going through restructuring state. Most of the IT companies had hired in large numbers during covid. Now, situation is going back to normal so primarily they are reducing the bench strength and cutting their workforce in most of the divisions due to uncertainty in world economy (after collapsing of Credit Sussie, SVB and Signature Bank. Some negative news also floating around Deutsche Bank).

Articles to help you in your expat project in Singapore

Internships in Singapore
Singapore is home to many universities of international repute, as well as companies from a diverse range of ...
Finding a job in Singapore
Singapore has a well-developed job market with numerous outlets providing information on employment opportunities, ...
Setting up a business in Singapore
When we talk about entrepreneurial hubs, locations such as Israel, Silicon Valley, or Berlin spring to mind, but ...
Become a digital nomad in Singapore
One of the world's most futuristic countries, Singapore is a melting pot of people, cultures, cuisines, ...
The labour market in Singapore
Singapore has long been a popular destination for expats. With a booming economy, a wealth of industries, and high ...
How to extend your Employment Pass in Singapore
Previously, up until about a year ago, extending your EP used to entail various trying trips to the Ministry of ...
Driving in Singapore
Singapore has an efficient public transportation system coupled with excellent taxi services, with phone apps ...
Dating in Singapore
Moving to Singapore has been fun since you've been exploring a new country and culture. However, if you ...