Foreign talent 'can plug gaps in economy'

Singapore

SINGAPORE remains open to foreign talent, especially in areas where there is a pressing market need, but it has to strike a fine balance between growing the economy and responding to the population's needs, Minister for Industry S Iswaran said on Thursday.

"So it's about investing in our people ... while also recognising that there are certain gaps in the market - whether it's a transitional issue or something that may be more on a long-term basis - in skill needs," he said.

"And those are the areas where we want to ensure there's an adequate complement of talent from abroad to the talent base that we're nurturing and growing i…