Foreign worker quota cuts hit sectors beyond F&B, retail

Singapore

THE list of businesses that will be hit hard by the upcoming foreign worker quota cuts for the services sector is a long one - covering hotels and entertainment to logistics firms.

In response to queries from The Business Times, the Ministry of Manpower (MOM) said the greatest impact would be felt in accommodation; arts, entertainment and recreation; food services; real estate services; and transportation and storage.

Retail was not on the list, though in his Budget speech on Monday, Finance Minister Heng Swee Keat had named retail and food and be…