Singapore’s population tops six million as non-residents swell

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Singapore’s population tops six million as non-residents swell
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(Reuters) -Buyout firms Vista Equity Partners and Blackstone will purchase collaboration-software maker Smartsheet for $8.4 bln in one of the largest take-private deals this year, the companies said on Tuesday.

SINGAPORE: Singapore ’s population crossed six million for the first time, as the percentage of non-residents increased more than that of residents, a government report showed.

At the same time, the report showed the city-state was grappling with falling birth rates. Singapore’s resident total fertility rate dropped to a historic low of 0.97 in 2023, while citizen births was down 5.1% on-year to 28,877. The average number of annual births in the last five years was 31,100, a number lower than the 33,000 recorded in the preceding five years.

About one in five Singaporeans were aged 65 and above in June, the report showed, even as the city-state separately estimated that proportion to change to one in four by 2030.

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