Singapore bets on ‘early-mover’ edge in labour pact with East Timor

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Singapore has opened more labor channels to workers from East Timor, aiming to secure an early-mover advantage in the emerging ASEAN market. The pact is expected to benefit Singapore's manpower needs while providing workforce opportunities for East Timor's growing population.

Singapore’s decision to open more labour channels to workers from East Timor could give the city state an “early-mover” edge in an emerging Asean market, though the economic gains are expected to take years. Analysts also say both countries, whose leaders met last week in the capital of Asean’s newest member, are looking at a “win-win” situation, with the deal set to ease Singapore’s structural manpower shortage while giving Dili a chance to better utilise its young and growing population. On...