With a smaller Singaporean base, actually I can invest more per person, train them more, train them more intensively, build the structure to enable them to get access to reskilling resources more quickly, help companies, incentivise them to retrain Singaporeans and prioritise those efforts.
On investing in workforce development.
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For many of us … where you work for one organisation and one job for a long time, that's not going to happen for my kid, not going to happen for the next generation of Singaporeans.
The centre of gravity will shift from the pre-employment stage, away from schools, away from universities, to in-employment – when you are going for retraining more often, or when you are in between jobs, doing more training and reskilling…
Our population is ageing very quickly. Our (total fertility rate) is abysmal.
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