ASPRI is pleased to inform you the following announcement made by Ministry of National Development (MND) and Ministry of Manpower (MOM) on 27 March 2022.
1) The current foreign worker levy rebate for Construction, Marine shipyard and Process (CMP) work permit holders will be extended for another three months, at $250 per month for April and May and $200 for June. The Government will continue to monitor the situation before deciding closer to June 2022 whether an extension of the rebate is necessary.
2) A provision under the Covid-19 (Temporary Measures) Act for the built environment sector- allowing contractors to seek a determination from an assessor to adjust the contract sum, to take into account an increase in foreign manpower salary incurred due to reasons relating to Covid-19 – will also be extended for another three months to 30 June 2022.
3) The Government will also permanently remove the minimum period of employment requirement to qualify for the man-year entitlement (MYE) waiver. The MYE is a work permit allocation system for workers in the construction and process sectors, where allocation was based on the value of projects or contracts awarded.
For more information, you may refer to the news article here.
