Source: ChannelNewsAsia
Singapore authorities have halved the number of permanent residence passes granted in 2010, compared to the year before. If you look in to the stats the diff is a lot.
2010 --> 29,265
2009 --> 59,460
2008 --> 79,000
2007 --> 57,310 note
IMHO, this is good but at the same time existing PR's & wannabes better to asses the long term/mid term plans and join the bandwagon accordingly. I hope the authorities keep the policy intact as this small place is pretty crowded and need to focus on quality rather than quantity.
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