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Budget 2026: Higher qualifying salaries for Employment Pass, S Pass holders

Budget 2026 raises Employment Pass minimum salaries by up to S$400 and increases Progressive Wage Credit Scheme co-funding to 30% for 2026, supporting wage growth and upskilling.

The local qualifying salary, which sets the minimum salary that local employees must be paid in firms that hire foreigners, will also be raised to S$1,800 this year.

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Business Times broke the news in on Thursday, February 12, 2026.
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