Leong Mun Wai: Today, Foreign PMETs and Permanent Residents account for 25% and 15% o

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Leong Mun Wai: Today, Foreign PMETs and Permanent Residents account for 25% and 15% o

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06-07-2021, 07:00 PM

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Leong Mun Wai: Today, Foreign PMETs and Permanent Residents account for 25% and 15% o

An honorable member of the Coffee Shop Has Just Posted the Following:

The most important economic policies that have affected the jobs and livelihoods of Singaporeans relate to Foreign PMETs and Free Trade Agreements, in particular the Comprehensive Economic Cooperation Agreement (CECA) with India.

Today, Foreign PMETs and Permanent Residents account for 25% and 15% of our 1.7M PMET workforce respectively, making up a total of 40%. This ratio has increased rapidly since 2000 and has caused considerable uncertainties and anxieties.

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