SINGAPORE: To ensure that Singapore remains competitive in an increasingly global market, citizens and residents must be equipped with the skills needed when competing globally.
Manpower Minister Tan See Leng said that this comes as the world faces uncertain and trying conditions, from geopolitical tensions to economic pressures.
"We have got to then invest significantly into our local people, to help them upskill,” Tan said.
He added that the country must bring in leading global firms and top talent from abroad to plug the current gaps.
To stay competitive in today's job market, workers must take charge of their career journey and have the desire for refreshment. Tan said that it is crucial not only to be knowledgeable about current trends, but also to want them.
Tan said innovations, such as adopting new technologies and digitising work processes, will help businesses be more resilient when it comes to changes.
Businesses would also need to invest in their employees so that they can continue staying on top of their game, he said.
“We urge companies to consider diversifying their non-resident workforce, focusing on building up the Singapore core, and... making sure that (our people) reskill and upskill."