YCH Group sign MOU with WDA to tap SkillsFuture
Singapore
THE YCH Group and the Singapore Workforce Development Agency (WDA) signed a Memorandum of Understanding (MOU) on Monday morning to take advantage of the opportunities offered by SkillsFuture.
The home-grown company intends to become more manpower-lean and help build a stronger Singaporean core through the collaboration.
Robert Yap, executive chairman of YCH, spoke of the company's commitment to several manpower schemes, including the SkillsFuture Earn and Learn Programme, which provides overseas attachment stints and scholarships to local talents.
The company will also encourage its employees to exercise their SkillsFuture Credit for work skills-related courses, both initiatives carried out in partnership with the WDA.
YCH is focused and passionate about "nurturing young talents", and aims to build the "next generation of talent pipelines", Dr Yap added.
The company highlights the importance of practitioner-based learning, and its talent development programmes exemplify the desire to build a stronger Singapore core within the industry.
Minister for Manpower Lim Swee Say was on hand at the MOU signing ceremony. Touching on the current transition of Singapore's economy, he emphasised the three targets of lean manpower, a strong Singaporean core, and a better quality foreign workforce as the direction companies should aspire to take.
He said useful technology and its early implementation is one way to become more future-ready.
As an early adopter, YCH has utilised new technologies employed in the industry today, coined by Mr Yap as "fusionnairies".
