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Singapore-based banks under pressure to hire more locals

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Skyscrapers of Singapore's central business district are pictured at duskBy Kevin Lim SINGAPORE (Reuters) - Banks and other firms in Singapore are under pressure to hire more locals and give them opportunities to advance as the government of the wealthy Asian financial centre tries to contain public anger over its policy to attract foreign talent. Singapore, a small island-nation with few natural resources, has historically been welcoming of foreigners who tended to take up lower-paying jobs that were not popular with locals. ...



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