28 Nov '12, 12pm

Singapore's Lee Says Population, Property Among Challenges Faced - Bloomberg

Singapore Prime Minister Lee Hsien Loong comments on the country’s birth rate, property market, monetary policy and economy. He also spoke on the rising political opposition and his leadership in a Nov. 26 interview in his office in Singapore. On 2013 agenda and challenges: “The immediate issue which we are focused on is the question of demographics, population growth , connected to that immigration, connected to that economic growth. And we’ve been having a discussion over the last few months, nationally. We put up a series of papers, we’ve set out the issues, and we’re going to have a debate in parliament, to bring it all together in January. “It’s a big issue. It’s not something which we are going to be able to solve one-off, but we’ll be dealing with it over the next ten years, and longer. Because we’re not producing enough babies, we need to top up with immigration. W...

Full article: http://www.bloomberg.com/news/2012-11-28/singapore-s-lee-...

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