Good news, banks grooming locals for key jobs?

Wait a minute, what is this ‘locals’ meant to be? Oh, it is our way of
telling a little lie but giving it an impression of truth. ‘Locals’ does
not mean Singaporeans. It is PRs and Singaporeans. The word ‘locals’
has been misused to deceive the casual readers that it is about
Singaporeans. So if an organization claims to have employed 90% locals,
it could be 80% PRs that are not Singaporeans