Pressure on Singapore’s middle class rising due to cheap Foreign PMETs

Pressure on Singapore’s middle class rising due to cheap Foreign PMETs: The predominant middle class faces erosion as cheaper-paid foreign graduates flock into Singapore’s job market.
Singapore’s P-Met (pronounced Pee-met), a flourishing group of people, is under stress. It’s the acronym for Professionals, Managers, Executives and Technicians, who make up 51 percent of the work-force.
Most are, of course, university graduates or diploma holders, whose numbers and role [...]