Singapore looks to rely less on foreign workers after pandemic

Singapore foreign workers seen at the early stages of the government's campaign to eradicate the coronavirus.

SINGAPORE: Singapore will have to find ways to rely less on foreign workers and accelerate automation of some tasks in its post-pandemic economy, Second Minister for Finance Indranee Rajah told reporters on Monday.

“It should be less and less repetitive manual operation and those should be replaced by automation, and the local population can do more on higher value-added activities, ” said Rajah.

“But this has to be done in stages with cautions because we can not just take out all the manual power all of a sudden, ” she added.

The city-state will redesign the infrastructure system, with investment focused on partnerships across the clean energy, public health, information & communications technology sectors, while promoting a “friendly regulatory environment, ” she said in the briefing.

Rajah also further outlined a previously announced programme with the World Bank Group and Singapore Management University to train senior and mid-level regional government officials involved in project preparation.

Despite the impact of the pandemic, international financial sources remain available and very keen to support clean energy projects, said Rajah, who is also minister in the prime minister’s office. — Bloomberg

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights


Next In Business News

CPO futures expected to trend lower on profit-taking next week
Britain looking at temporary measures to alleviate trucker shortage
'Loss and pain': Families testify at Dutch MH17 trial
Oil hits highest in almost 3 years as supply tightens
GLOBAL MARKETS-S&P 500 edges up, European shares slump amid Evergrande fears, US yields rise
Banking on wealth management
Short Position - Opcom, La Nina, Taxing
Going for growth
Sapura Energy in race against time
Ge-Shen hopeful of growth amid challenges

Stories You'll Enjoy