Singapore population falls for first time in 17 years as firms hire fewer foreigners

Singapore’s total population has fallen for the first time in 17 years, as the economic fallout from the coronavirus pandemic saw less foreigners working in the city state.The Southeast Asian nation’s total population dropped 0.3 per cent to 5.69 million as of June from a year ago, largely due to a reduction in foreign employment in the services sector, according to Singapore’s annual population report released on Thursday.Singapore tells firms to hire more locals to earn incentivesTotal…

from South China Morning Post https://www.scmp.com/news/asia/southeast-asia/article/3102980/singapore-population-falls-first-time-17-years-firms-hire