SembMarine taps WSG programme to reskill workforce
Singapore
THE health of Singapore's marine and offshore engineering industry hinges on its ability to weather industry cycles. To do so, the sector needs to cultivate flexibility in its workforce to adapt to changing demands of the marketplace.
That is also one key takeaway from the recent sectoral downturn - industry players need to ensure their capabilities can apply in new markets such as in the liquefied natural gas (LNG) segment with opportunities having dried up in existing ones, which include the rig-building segment.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance