Budget 2025: Retailers call for foreign worker levy cuts

Budget 2025: Retailers call for foreign worker levy cuts

The New Paper - Singapore·2025-01-24 09:04

An increase in the dependency ratio ceiling (DRC) and reduced foreign worker levies are among the measures that Budget 2025 could adopt to help Singapore retailers manage rising costs and a tight labour market, the Singapore Retailers Association (SRA) said.

In its Budget 2025 recommendations released on Jan 23, SRA proposed easing the DRC to “facilitate the employment of more foreign workers” to fill front-line retail roles.

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