The law, which revises more than 70 other laws, has been praised by foreign investors for streamlining business rules but also criticised by labour and green groups as being too pro-business.
The changes under the 2020 law include cuts in severance benefits, new minimum wage limits and removal of some mandatory paid leave, as well as the loosening of rules on environmental inspections for investment.
In 2021, the Constitutional Court ruled the passage of the law was flawed due to inadequate public consultation and ordered a renewed debate process in Parliament within two years.
This story is from the March 22, 2023 edition of The Straits Times.
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This story is from the March 22, 2023 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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