Singapore looks to reduce expat numbers in face of recession

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Singapore looks to reduce expat numbers in face of recession

Singapore's government is introducing stricter controls for expat workers as the country records its highest levels of unemployment in more than 10 years. The new measures are also a response to the recently introduced national security law in Hong Kong, which has prompted many expats to relocate to Singapore. Unemployment rose to more than 4% in 2Q2020, and the Singaporean economy shrank by 12.6% on the same period in 2019.According to a report in the FT, the government has increased t...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.