This is also Mr Marcos’ first overseas trip as president, and he and Singapore Prime Minister Lee Hsien Loong witnessed the signing of several bilateral agreements on Wednesday.
Singapore’s Manpower Minister Tan See Leng expressed his appreciation for the removal of the performance bond requirement and affirmed Singapore’s commitment to protecting the well-being of all migrant workers in the country, said the press release.
Separate from the performance bond of S$7,000 for Filipino helpers, employers in Singapore are also required to buy a S$5,000 security bond for helpers of all nationalities, except Malaysians.
The security bond is a pledge to pay the Singapore Government if either the employer or the helper breaks the law or work permit conditions. This requirement remains in place.
Editor’s note: An earlier version of this article said employers and employment agencies in Singapore would no longer be required to purchase a security bond when hiring Filipino domestic workers. That is incorrect. The performance bond requirement has been removed but the security bond requirement remains in place. We apologise for the error.