Singapore-based banks under pressure to hire more locals

Reuters, 18 Mar 2013
(Reuters) - Banks and other firms in Singapore are under pressure to hire more locals and give them opportunities to advance as the government of the wealthy Asian financial centre tries to contain public anger over its policy to attract foreign talent.
Complaints about alleged bias against Singaporeans in workplaces accounted for half those received last year, according to the Tripartite Alliance for Fair Employment Practices, an organisation backed by the Manpower Ministry, Foreign banks in Singapore contacted by Reuters declined comment or did not respond to questions. Citigroup (C.N), the largest banking employer in Singapore, said more than 80 percent of its nearly 10,000 staff in the city-state were Singapore citizens or permanent residents. Full story
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