Prime Minister Lee Hsien Loong: Foreign Workers

Singapore Prime Minister Lee Hsien Loong Dept: SINGAPORE - Singapore faces a higher inflation rate and slower economic growth as the government allows in fewer foreign workers, Prime Minister Lee Hsien Loong warned Monday, according to Winnipeg Free Press. "We are running up against land and manpower limits," Lee said in his annual May Day message and singapore Prime Minister Lee Hsien Loong, Nov. 13, 2011, in Kapolei, Hawaii. AP Photo/Andres Leighton A tight labour market has hindered the expansion plans for many companies and some businesses may leave Singapore, Lee said. Meanwhile, growing demand for workers should boost wages, which will increase business costs, undermine competitiveness and quicken inflation, Lee said. (www.immigrantscanada.com). As reported in the news.