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SKILLSFUTURE FESTIVAL

S$10,000 SkillsFuture training subsidy launched for eligible SMEs

The subsidy, to offset up to 70% of a company's out-of-pocket training costs, can be used with other government subsidies

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Mr Chee Hong Tat (third from right) was speaking at the SkillsFuture Festival Forum 2019 panel. The panel comprised (L to R) moderator BT digital editor Christopher Lim, OCBC Group CEO Samuel Tsien, IHRP Chairperson Goh Swee Chen, Mr Chee Hong Tat, Lazada Singapore CEO James Chang, and Ninja Van CEO Lai Chang Wen.

Singapore

SINGAPORE companies will be able to get more support in upgrading their workers' skills from July 1, when each eligible company will be able to tap into a government subsidy, capped at S$10,000, to offset training costs.

The subsidy, called the SkillsFuture Training...