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As of November 2022, unemployment rate is 1.9 per cent with Singapore resident unemployment rate at 2.8 and Singapore citizen unemployment rate at 2.9 percent. [10] The long-term unemployment rate for Singapore residents was 0.8 per cent as of March in 2017, up from 0.7 per cent a year earlier. [11]
As of June last year, Singapore had 197,300 foreigners on employment passes out of a total foreign workforce of about 1.5 million. The country has a population of 5.9 million.
Women's rights activist Shirin Fozdar described Singapore as "one big brothel" [15] and the city was a regional centre for prostitution. The People's Action Party under the leadership by Lee Kuan Yew initially banned prostitution when they came to power in the late 1950s, switching to a strategy of containment in the mid 1960s.
The National Jobs Council ( NJC) is a 17-member high-level council aimed at job creation and training. [1] Formed in 2020 by the Singapore Government, the mission of the National Jobs Council is to identify and develop job opportunities and skills training for Singaporeans during the COVID-19 pandemic; [2] it supports the "whole-of-nation ...
Earthshot Prize. The Earthshot Prize is a global environmental award that is rewarded to five winners each year for their contributions towards environmentalism. It was first awarded in 2021 and is planned to run annually until 2030. Each winner receives a grant of £1 million to continue their environmental work.
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There are currently three local digital banks with full bank licence in Singapore. Trust Bank was jointly launched by FairPrice Group and Standard Chartered Bank on 1 September 2022. [ 2] GXS Bank is owned by Grab and Singtel. MariBank is owned by Sea Ltd . Local Digital Full Bank.
Education has always represented an area of focus for Singapore since its independence in 1965. Its emphasis on education partly reflects Singapore's virtual lack of natural resources and Singapore's need to develop its human resource and manpower capability in its continuing quest to build a knowledge-based economy .
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