Economic Affairs

Talent crunch will set back transformation

Government's own schemes could be rendered less effective if it retains tight control on inflow of skilled talent, depriving companies of much-needed manpower

What's the No. 1 item on the wish list of local small and medium-sized enterprises?

According to the United Overseas Bank Asean SME Transformation Study reported in The Sunday Times last week, it is "Subsidies to ease the burden of rising manpower costs".

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on February 28, 2018, with the headline 'Talent crunch will set back transformation'. Print Edition | Subscribe