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The number of licensed staffing firms in Singapore has more than doubled in the past two years, according to the Ministry of Manpower’s directory on private employment agencies in the country.
The staffing market in Singapore, similar to other Asian countries, has a strong focus on the recruitment of foreign domestic workers. However, these were not included in the figures as the number of recruiters specialising in corporate staffing alone has seen the dramatic rise.
There are around 660 new staffing companies active in the staffing industry today from two years ago, the Strait Times has found.
But the new firms are facing challenges from competition and also from tighter labour legislation which reduced the number of foreign workers firms can hire.
“We still have a lot of employers looking for workers, or trying to renew work passes, but due to the quotas, they can't get them,” told Bryan Lee, general manager of NT International Consultant, to the paper. His firm specialises in recruiting foreign workers from abroad into the manufacturing sector where the quota for foreign workers has been cut from 65% to 60%.
Earlier this month, Singapore’s Association of Employment Agencies (Singapore), which represent the staffing industry in the country, said it was looking into increasing recruitment opportunities for foreign workers from Cambodia, Sri Lanka and Bangladesh.