Singapore needs population growth

The average Singaporean family produces 1.2 offspring, or in other words is not replacing itself according to a report in today's Straits Times.

Amid high inflation, low interest rates and a booming economy, Singapore has been getting tough on immigration. The ministry of manpower has been encouraging the hiring of Singaporeans and making it tough to hire expatriates, especially those who are not qualified to degree level.

The report indicates between 20 and 25,000 foreign employees need to be attracted to the country each year.

With its low taxation and high living standard Singapore is an attractive workplace for many.

Mark Paine
Meyado