Chart of the Day: Construction sector is biggest loser in stiffer expat rule

Its $25b value supported foreign worker demand.

According to DBS, tightening foreign labour supply till 2015 is a bane for the construction sector. Despite increases in the DRC and levies, increased construction values from 2010 to 2012 have remained above S$25bn which supported a steady demand for foreign construction workers.

However, strong construction demand has resulted in construction becoming one of the two sectors that had contributed the most to the increase in the foreign labour workforce.

"Levies for less skilled Work Permit holders will be increased by S$150 between July 2013 and July 2015, while steeper levy increases of S$300 will be imposed on workers hired outside a company's Man-Year Entitlement," DBS said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia