{"id":4178,"date":"2023-08-14T15:34:00","date_gmt":"2023-08-14T13:34:00","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4178"},"modified":"2023-08-14T15:34:00","modified_gmt":"2023-08-14T13:34:00","slug":"singapore-could-face-structural-decline-without-migrant-workers","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4178","title":{"rendered":"Singapore could face \u201cstructural decline\u201d without migrant workers"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Singapore&#8217;s declining birth rate and aging population require a steady but well-timed influx of migrant workers, says Deputy Prime Minister Lawrence Wong.<\/p>\n<p>\u201cIf we are not able to bring in immigrants to top up the population then we are in structural decline, and eventually the population will decline, the workforce will decline and\u00a0Singapore\u00a0will decline,\u201d Wong said at the\u00a0conference in Singapore on Monday.<\/p>\n<p>As a small open economy, Singapore relies on foreign workers to meet its labor needs. <\/p>\n<p>However, immigration rules have tightened in recent years as the government needs to strike a balance between protecting local jobs and ensuring sufficient resources to meet the needs of a growing number of migrants amid slowing economic growth.<\/p>\n<p>The problem of negative population growth has been acute in Asian countries for a long time, which constantly creates a lot of challenges for their economic prospects. The situation is especially critical in Japan, South Korea and Hong Kong.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Singapore&#8217;s declining birth rate and aging population require a steady but well-timed influx of migrant workers, says Deputy Prime Minister Lawrence Wong. \u201cIf we are not able to bring in immigrants to top up the population then we are in structural decline, and eventually the population will decline, the workforce will decline and\u00a0Singapore\u00a0will decline,\u201d Wong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4178"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4179"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}