Hi,
Yes you apply for both at the same time, because:
PEP is given by MOM
LPR is given by the ICA
Both have their own agenda. I read about a guy who applied form both and got it both
Thanks for your reply. But I was talking about EPEC- Employment Pass Eligibility Certificate, not PEP. I think PEP is some type of EP. I am a fresh Graduate and wanted to look for jobs in Singapore, hence wanted to know which is a better route -EPEC or LPR.