5/4/2018 3:03:36 PM
|written By : Team India Se|
Singapore must remain open to talent, says Singapore’s new Minister for Trade and Industry Chan Chun Sing.
"Beyond connectivity and a pro-business environment, another key criterion for our continued success is being open to talent," he said at a luncheon organised by the European Chamber of Commerce (EuroCham) on May 4.
While the authorities build up "the Singaporean core" in the workforce, helping Singaporeans upgrade and reskill through programmes like SkillsFuture, there is also need to remain open to foreign talent, he said.
"Foreign labour complements Singaporean workers and brings along relevant skills to create new industries and job opportunities," he said. "This is crucial to our longer term competitiveness, and ensures that we stay relevant to a dynamic region that is fast evolving and growing."
Singapore needs to review its foreign manpower policy in the coming years, said Finance Minister Heng Swee Keat on April 18, but the inflow of foreign workers must remain "well-calibrated" to encourage firms to improve productivity, he added.