Big increase in FTs coming in SG via Tech Pass

[LITTLEREDDOT]

EDB chose not to disclose the country of origin or nationalities of these professionals.

90 Tech.Pass applications for foreigners in tech sector approved since January launch​

The 90 people issued passes include entrepreneurs, experts, and those with management experience in bigger tech companies.

Hariz Baharudin

Jul 5, 2021

SINGAPORE - Some 90 work passes for foreigners in the tech sector have been approved by the Government since the launch of the Tech.Pass scheme in mid-January.
This is a large jump from the 22 approvals previously disclosed in March.
The 90 people issued the Tech.Pass as at May 31 include entrepreneurs, experts, and those with management experience in sizeable tech companies, as well as investors, said the Economic Development Board (EDB).
The EDB is administering the scheme. The Tech.Pass is valid for two years, and the pass holder can apply for a one-time renewal of two more years if they meet the renewal criteria.
The professionals targeted under this scheme must have a track record of either founding or leading sizeable tech companies and in the development of widely-adopted tech products. The scheme is designed to attract foreign tech industry experts who are in short supply in Singapore.
When the Tech.Pass scheme was launched on Jan 19, a total of 500 slots were available but the Government has no deadline to fill them. Tech.Pass holders can also sponsor the stay for their spouse, children, and parents here, on either a dependant's pass or a long-term visit pass.

ST understands that since the programme is in its early stages and many of the approved pass holders are making plans to move here, it will take some time before it can be known what roles they will take up.
EDB also gave an update for the Tech @ SG programme, which spells out more flexible requirements for foreign professionals to apply for an Employment Pass (EP) to work here.
Since Tech @ SG was launched in Jan 2020, around 30 local and international tech companies in areas such as fintech, healthcare, and mobility have been approved under the programme.
Up to 10 EPs for core team members of eligible companies will be granted if the applicants meet the Ministry of Manpower's (MOM) minimum qualifying salary of $4500 a month and pass background and diligence checks.
Once approved, the EP obtained under the Tech @ SG programme is the same as any other EP issued by MOM.
The tech sector is poised to be a large engine of growth for Singapore, and a study by Temasek, Google, and consultancy Bain & Company that was published last November found that the country's Internet economy - or business conducted online - is on track to reach US$22 billion (S$29.6 billion) by 2025.
Companies here need access to a strong local workforce that is supported by talent from around the world, said Mr Ang Chin Tah last month.
Mr Ang is senior vice-president and head of Digital Industry Singapore, a joint office of the EDB, Enterprise Singapore, and the Infocomm Media Development Authority.
"Global talent injects fresh ideas, international practices, and knowledge into the economy, driving innovation and growth, which encourages local and international companies to expand here," said Mr Ang.
"We will take a balanced approach in building this complementary foreign workforce, and will invest strongly to support Singaporeans in skills upgrading and taking on jobs of the future."
Mr Marcus Tan, co-founder of e-commerce company Carousell, said that his company has made use of the Tech  @  SG scheme to attract global talent. "We have been able to leverage on the Tech@SG programme to some extent. We recruit talent globally and as a result, Carousell has an incredibly diverse workplace comprising more than 20 nationalities," said Mr Tan.
"This will inevitably help level up our local talent pool by learning and being mentored by world class tech talent from all around the world."

 

[kaninabuchaojibye]

gxgx
towards 10m population!
second ppty owners huat huat
more rental income
more capital appreciation
haaaa

 

[50000]

and just in time for the invitations for vaccination to the foreigners using our tax money

 

[tanwahtiu]

How come UArseA didn't check on PAP regime on PAP owned companies and human rights problems.

Shit Angmog go round China to bad mouth CCP owned companies....

PAP breached human rights in Singapore getting fake degrees ahneh to steal PMET jobs from locals.

 

[syed putra]

I hope these people will help malays by giving them jobs.

 

[bobby]

If donch want to disclose country of origin or nationalities....then must be Ah Nehs liao. Another state secret for us to guess.....

 

[kaninabuchaojibye]

If donch want to disclose country of origin or nationalities....then must be Ah Nehs liao. Another state secret for us to guess.....

when a govt isn't transparent, the citizens definitely have much to worry
no?

 

[Leckmichamarsch]

I hope these people will help malays by giving them jobs.

mudslimes!

 

[laksaboy]

If donch want to disclose country of origin or nationalities....then must be Ah Nehs liao. Another state secret for us to guess.....

Totalitarian regimes' first instinct is to downplay, censor or do a spin job on bad/embarrassing news, and exaggerate the so-called 'good news'.

Reminds me of a certain abang cuntry.

 

[tanwahtiu]

when a govt isn't transparent, the citizens definitely have much to worry
no?

Another 4 years of endurance to kick out that old fart Lee... he has a choice die early before GE25 so he can get a State funeral send off.

Get kick out after GE he can die like JBJ oppo no State funeral...

 

[batman1]

Hurrah ! Thanks to the 61%!

 

[bobby]

Totalitarian regimes' first instinct is to downplay, censor or do a spin job on bad/embarrassing news, and exaggerate the so-called 'good news'.

Reminds me of a certain abang cuntry.

when a govt isn't transparent, the citizens definitely have much to worry
no?

Instead of just telling us that they will no longer inform us of the country of origin of these people (including those positive imports), a good gahmen should instead tell us why they no longer need to inform us....that's why we are ranked so lowly in the RSF ladder.

 

[mudhatter]

90 and big increase? siao as stinkies would say

let's face it
stinkypura is a failure and destined to crumble/be taken over by outsiders

dictatorship one party state totalitarianism hasn't worked out well anywhere certainly not in stinkypura

moreover these stupid policymakers in stinkypura merely study public policy or such rubbish in uk/us and think they've learnt it all or conquered it all

no originality no innovativeness no creativity no ingenuity means copy cat copy paste countries, much like all slanties everywhere on earth, will always play second fiddle to more inventive ingenious geniuses of the caucasoid race which also count ang mohs among their members

but not all caucasoids are/need to be ang moh kias

laughable how these pap-pigs merely copy paste policies taught to them in school/uni



for a start, they need to ask: why would stinkypura succeed & not the other dozens of countries competing against it for the same cream of the crop talent? how has stinkypura differentiated itself from the masses? the ordinary countries by the dozens out there?

sure these pap-pigs and their civil serpents got no answer

 

[A Singaporean]

I hope these people will help malays by giving them jobs.

Of course. They need m&d to deliver food and also cleaning their offices.

 

[red amoeba]

Great news for social escorts, spgs, housing agents.

 

[mudhatter]

one thing amazing abt these totalitarian countries is their propaganda that they know it better than anybody else, that they will achieve some miraculous landmark goal by X, Y or Z years

I want to know which bank in the world, anywhere in the world, will lend them money for a 100 year period? or for a 200 year period?

good example is ccp

it wants to rule tiongkok for 100 years or more
it even sets out plans for the next 30 to 50 years
the gall of these commies

is there any bank in the world, even any ccp-run bank that would lend money to peasants on a 100 year deadline

say I borrow 500 million RMB, I can repay it after 100 years. will any CCP owned bank agree to this deal? what if I promise some toppings that usurers would call interest?

would any turdish bank lend me a loan on 50 or 100 years repayment period deadline? I borrow 1 billion turkish lira and pay it back after 200 years, with some toppings that usurers/jews would call "interest"?


turdish banks would permit that?

surprisingly when chinks turkic donkey khamenei or turkic donkey erdogan promises such mumbo jumbo pie in the sky dreams and sells them to the masses, they dont question they follow blindly and believe the BS

it's been freaking forty+ years since iran's so called Islamic revolution, they still haven't publicly tested ICBM, nukes or fought yanks+zionist terrorists although all of them have given ample excuses to Iran to do so incl sanctioning embargoing sabotaging attacking and killing iranians (e.g. qasem solemani)

turkic donkeys faced similar situation, in 98 years of their republic, they are poorer than romania, they got no nukes no ICBM, no brands, no tech or scientific achievement of note. heck they can't build a simple diesel engine in 2021. for crying out loud, turks are genetically inferior donkeys

for these race of donkeys germany is the standard bearer of advancement and tech ingenuity
major problem is turkic donkeys form a big chunk of toilet cleaners/scrubbers in germany
zionist pissrael whacked 10 of them more than 10 years ago
deathly silence from them afterwards, now they became cozy partners

in other words, the jews showed them their place now they are back to licking their jewish masters' balls
the russkies showed them their place in syria by helping deeply unpopular and authoritarian alawi dictator assad in place and knocking at least 33 of those donkeys out in one shot


At least 33 Turkish soldiers were killed as violence escalates in Syria's Idlib province after an air strike


the yanks too showed them their place by place by placing hoods on the heads of these turkic donkeys in 2004

a bunch of turkic donkeys led by their yankee overlords

then yanks sanctioned them, trump threatened them in a letter, a single tweet sent their currency tumbling. moreover the coup in 2016 july 15 was also planned by yanks.

yet turkic donkesy remain loyal donkeys unable to fight back or even protest even utter a murmur of protest against their yankee overlords. instead they remain loyal nato member willing to die for yankee cause (e.g. in afghanistan, korea etc)

tiongs or norkies or stinkies face similar crises. lacking in originality creativity inventiveness ingenuity they are best suited to copy cat copy paste business where they try to follow the real leaders. the real trend setters. the trail blazers

 

[bobby]

 

[CPTMiller]

No big deal.
Without tech pass they already here with WP EP DP etc etc etc.
For those no where to run but stay in Singapore
Its better you behave yourself and love your new FT brothers sisters

 

[batman1]

Under CECA,have to let the Ah Nehs into Red Dot. 1st priority.

 

[laksaboy]

Tech.Pass holders can also sponsor the stay for their spouse, children, and parents here, on either a dependant's pass or a long-term visit pass.

This is the crux of the issue is it not? Import the entire family here. Even the elderly parents.