MAS chief says it will boost financial sector jobs for locals
Ravi Menon says authorities aim to increase proportion of Singaporeans employed in some roles
The Monetary Authority of Singapore says it will intensify efforts to ensure the core of the city-state’s financial sector workforce are local citizens.
Responding to a letter to the newspaper the Straits Times, MAS managing director Ravi Menon writes protecting and growing Singaporean jobs, especially in current economic conditions, is a “top priority” for the central bank. Singaporean media is closely monitored by the country’s authorities and the letter is likely to reflect government
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