In case you've missed it, these are 2 new rules to limit foreign labor growth

S-pass holders' qualifying salary now $2200.

According to Goldman Sachs, the government will increase foreign worker levies across the board from July 2014 and July 2015. The increases will be most significant in sectors where productivity is weak and the growth of foreign workforce is significant.

From July 2013, the qualifying salary for S pass holders (Specialist Pass—a mid-level work visa for foreigners) will be raised from S$2000 to S$2200.

Here's more from Goldman Sachs:

The government will cut foreign worker quotas for services and marine sectors. Policy is aimed at reducing reliance on manpower, not merely replacing foreign workers with locals.

The quota for the services sector will be cut from 45% now to 40% from July this year. Companies in this sector will also have their S pass quota cut from 20% to 15%.

S pass holders are mostly junior executives earning more than S$2,000. For the marine sector, the number of foreign workers a firm can hire for each local will be cut from 5 to 4.5 in January 2016 and will fall further to 3.5 foreigners per local worker in 2018.

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