Manufacturers worried over increase in foreign workers levies

Business costs will be immediately affected.

According to a release by the Singapore Manufacturing Federation about the Budget 2013, the organisation said the increase in foreign worker levies and the increase in qualifying salary for S Pass holders will have an immediate impact on business costs.

They acknowledge the assistance that will be provided by the Government through the various incentives. However, manufacturers will still face challenges in attracting and retaining workers in this sector.

In addition, the pace of transformation will also be a major challenge and concern to manufacturers.

“Notwithstanding the high level of productivity in the manufacturing sector, there is a need for manufacturers to achieve greater innovation and productivity in order to stay competitive and to achieve long-term sustainable growth,” commented Mr. George Huang, President of SMF.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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