Skills funding to be tweaked as economy shifts post-pandemic
Singapore
GOVERNMENT support for skills training schemes has been beefed up under the latest national Budget.
But certain courses should be kept short, Minister of State for Education Gan Siow Huang said in Parliament on Wednesday, as she stressed that trainees can then "transition to employment quickly, with the support of our training partners".
Some observers hailed the plans to taper off support as signs of an economic and job-market recovery.
Maybank Kim Eng senior economist Chua Hak Bin said: "A stronger labour market may mean that the demand for training may wane, as workers will face higher o…
A NEWSLETTER FOR YOU
SGSME
Get updates on Singapore's SME community, along with profiles, news and tips.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015
Warner Bros CEO earned US$49.7 million in strike-impacted year