Advertisement

Singapore's population shrinks for first time since 2003

Singapore's population has shrunk for the first time since 2003 as travel curbs and job losses brought about by the coronavirus pandemic have pushed foreign workers from the global business hub.
 
According to an annual population report the overall population dropped by about 18,000 people, or 0.3%, to 5.69 million.
 
A sharp drop in foreigners, down 2% to 1.64 million, as well as a marginal fall in permanent residents, outweighed a modest rise in citizens, some of whom returned from overseas as the pandemic spread globally.
 
As the economy faces the deepest recession in its history - an economic decline officially estimated between 5% to 7% for the year - the government has been raising barriers for foreign hiring to preserve jobs for locals.
 
 


comments powered by Disqus
Most Popular
Jamaica to face another COVID-19 wave in...
Election day workers to begin receiving...
Financial data entry clerk charged with fraud