The Singapore government will adjust foreign worker policies to address concerns among locals over competition for jobs, even as the global business hub remains open to talent from overseas, its prime minister said on Sunday.

"We have to adjust our policies to manage the quality, numbers and concentrations of foreigners in Singapore," Lee Hsien Loong (above) said in his National Day Message. "If we do this well, we can continue to welcome foreign workers and new immigrants, as we must."

Foreign labour has long been a hot button issue in Singapore, but uncertainties...