Singapore could lose good investments and jobs if it imposes tighter restrictions on global companies’ ability to employ the talent they need, Finance Minister Lawrence Wong said on Tuesday.
Speaking in Parliament that is debating Opposition tabled motions on free trade agreements, singling out the Comprehensive Economic Cooperation Agreement (CECA) with India, Wong said with strict policies global companies would find it rough to operate in Singapore.
“If we were to take a politically craven approach and impose many stringent conditions on their ability to operate here, we will lose out on many good investments,” he told Parliament.
“We would have fewer foreigners