Singapore firms must aim for stronger local core, better quality foreign labour
This is to strengthen competitiveness and sustainability by becoming more manpower lean, says Swee Say
Singapore
SINGAPORE companies must aim to have a stronger Singaporean core and better quality foreign labour, Minister for Manpower Lim Swee Say told Parliament on Monday.
Mr Lim said the aim is to "strengthen our competitiveness and sustainability by becoming more manpower lean with a stronger Singaporean core and better quality foreign manpower, as we reposition our economy for quality growth".
He reiterated that the manpower ministry is makin…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy
UK financial sector seeks stronger accountability of regulators