Singapore urged to hasten workforce transformation

There is urgency to hasten efforts to transform Singapore’s workforce to drive socio-economic growth as the country is recovering from the COVID-19 pandemic, said an article published by The Business Times.

Monday, March 14, 2022 16:35

Singapore urged to hasten workforce transformation ảnh 1

A dormitory for migrant workers in Singapore (Photo: AFP/VNA)

Singapore (VNA) – There is urgency to hastenefforts to transform Singapore’s workforce to drive socio-economic growth asthe country is recovering from the COVID-19 pandemic, said an article publishedby The Business Times.

The article welcomed the workforce transformation measuresrecently announced in Budget 2022 by the Singaporean Government with recommendationsin four key areas put forward.

Firstly, Singapore should pay more attention to developing demand-based green employment and skills. Secondly, the country needs toprovide support for areas hit the hardest by the pandemic, such as aviation,aerospace, tourism and retailing. These sectors are having a hard time recoveringwhich will hamper their ability to attract and retain personnel.

Thirdly, it is vital for Singapore to raise income forlow-wage workers. And finally, the island country must send out a strong signalabout the importance of lifelong learning by announcing the transformation of Institutesof Higher Learning (IHL) into ones for lifelong learning. While IHLs andemployers play a critical role in workforce transformation, individuals mustalso have responsibility in sharpening their own skills.

The article concluded that Singapore needs such a plan to ensure that its workforceremains relevant, resilient and competitive in the future./.

VNA

#Singapore’s workforce #The Business Times #COVID-19 #socio-economic growth #vietnam news agency #vietnamplus Singapore

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