Turnaround by skilled foreign talent

IN the 90s, Singapore had a large influx of skilled foreigners. Now – in its economic downturn – it is suffering a reversal, with large numbers leaving the city. 

The influx was, in proportion to its population, one of the world’s largest over a decade. But during the past year as companies downsized, 27,000 foreigners had left, including bankers, senior managers and professionals, the worst exodus in 16 years.