Greenfieldreporter.com, 9 May 2011
SINGAPORE — Singapore's ruling party is under renewed pressure to cut immigration and boost social spending after the opposition made record parliamentary gains by campaigning for fewer foreign workers and higher wages.
The government will likely reduce the number of foreign workers in a bid to ease voter discontent over stagnant wages and overburdened public services, a move that could slow economic growth in coming years to between 3 percent and 5 percent from an average of about 8.5 percent between 2004 and 2007, said Wei Zheng Kit, an analyst with Citigroup in Singapore. Full story
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