SkillsFuture credits will also no longer fund these courses, which currently comprise about 7 per cent of the courses the national body funds, SSG said on Tuesday .
Mr Chan identified four key challenges that must be met for Singapore to upskill its workforce at scale. "Many tend to apply a high discount rate towards training due to the tyranny of the 'urgent', and the 'here and now'. Bread-and-butter issues understandably occupy their minds." On the need to articulate demand for future skills, Mr Chan said individual companies may not know what future skills they need.
He said:"This will allow companies to focus more on skills and competencies, rather than relying on only qualifications such as degrees or diplomas as a proxy of the candidate's suitability."
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Indonesia sovereign wealth fund, China fund sign $3 billion investment dealJAKARTA : Indonesia's sovereign wealth fund and China's Silk Road Fund have signed a framework agreement under which the Chinese fund aims to invest up to 20 billion yuan ($2.99 billion) in the Southeast Asian country, they said in a joint statement.The investment scope under the agreement includes all bu Latest victim - Sri Lanka. How many more are going to fall prey. Beware of debt trap thru OneBelt,OneRoad 一带一路 initiative. For poorer nations that were duped into borrowing billions fr CN, use Chinese labour to build OBOR railroads/ports, whet it fails (indebted to CN) or succeeds (supply monopoly, ie. agri/raw materials), CN is the winner Debt Summary: Doesn't mean those numbers not put under China, CN do not hv a part in them. The infrastructures (ports etc.) built by CN in SriLanka that r instantly useless, CN is equally culpable. CN's hands r tainted with blood in the sorrowful plight of bankrupt SLK today.
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