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Talent crunch will set back innovation

The business transformation that the government is pushing for will move only very slowly if the country lacks a critical mass of right-skilled workers

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In some areas - such as in technologies like artificial intelligence, the Internet of Things and 3D printing - more manpower is precisely what is needed to boost productivity and transformation.

Singapore

WHAT'S the No. 1 item on the wish list of local small and medium-sized enterprises (SMEs)?

According to the UOB Asean SME Transformation Study reported in The Sunday Times last week, it is "subsidies to ease the burden of rising manpower...