SINGAPORE: Singapore’s population recorded its slowest pace of growth in nine years in the 12 months to June owing to “tightened foreign manpower policies,” government statistics released on Thursday showed.
Data released by the National Population and Talent Division (NPTD) showed the total population of the city-state grew by 1.6 percent to 5.40 million in this period, the slowest rate since 2004 when it grew by 1.3 percent.
“There was slower growth in foreign employment due to tightened foreign manpower policies and weaker economic conditions,” the NPTD said.
Nearly 29 percent of Singapore’s population comprises “non-residents”—those working, studying or living in Singapore but not granted permanent residency.
Growth in the number of foreign employees excluding domestic and construction industry workers halved to 3.5 percent—or 25,000 workers—in the year to June compared to 7.1 percent in the previous year.