MOM has heightened the qualifications for the Employment Pass (EP). The minimum salary limit of an EP holder to be approved or renewed is $3,000.
Also, each foreign worker will be strictly screened for their academic qualifications.
Here is the statement from the MOM for your information:
"Enhanced Employment Pass Framework
From 1 January 2012, the qualifying salary for the Q1 Pass will be increased from $2,800 to at least $3,000 for young graduates, while older applicants would have to command a higher salary to qualify, commensurate with the work experience and quality they are expected to bring. The qualifying salary for the P2 Pass will be raised from $4,000 to $4,500. There will be no change in the qualifying salary for P1 Pass which remains at $8,000. Concurrently, educational qualifications requirements will be tightened. For more information, please refer to our press release. "Source: MOM Singapore
This will be advantageous for Singapore locals. They are lucky that their Government is looking for ways to help them find a job that fits to their qualifications.
For us, OFWs, we are just visitors in their country. There is nothing we can do with their policy. What we can do is to work hard and save some money for the future to come.