PM Lee says Singapore will favour its citizens

Last Updated: Monday, August 15, 2011 - 09:50

Singapore: Singapore`s Prime Minister says his government will seek to favour its citizens after a backlash against a surge in foreign workers.

Lee Hsien Loong said in a speech on Sunday the government will build 50,000 apartments during this year and next to help stabilise a spike in housing prices.

He also said the government plans to cap the number of foreign university students while adding 17 percent more Singaporeans by 2015.

Lee said entry requirements will be made more stringent for some foreign workers. He said fewer foreign workers could lead to slower economic growth.

Opposition parties blamed foreign workers for soaring housing prices, crowded public transportation and stagnant wage growth during May`s Parliamentary Election campaign.

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First Published: Monday, August 15, 2011 - 09:50

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