SINGAPORE: The Singapore International Chamber of Commerce (SICC) said the Singapore economy will benefit from the many long-term principles outlined in the Population White Paper.
In a statement on Wednesday, the SICC pointed out that early planning to build the infrastructure for a growing population will help Singapore maintain its competitive edge.
SICC said that while attracting foreign talent has its sensitivities, it is not a "zero-sum game" that pits "locals against foreigners."
SICC believes that with a diversified workforce coupled with adequate infrastructure, Singapore is able to attract higher value-add investment.
And with more foreign investment, only then there will be more work and jobs for everyone.
SICC feels Singaporeans will ultimately benefit from the easing of foreign labour restrictions.
- CNA/fa
Population White Paper will benefit S'pore economy: SICC
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Population White Paper will benefit S'pore economy: SICC
