Serious Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Strain

Singapore is no stranger to innovation. In the 1990s, it shifted its focus to chemicals, electronics, engineering and developed biomedical sciences. In 2015, the biomedical industry had an output of S$26.9 billion ($18.6 billion), about 10 percent of overall manufacturing production.

Employment may feature more prominently in the committee’s recommendations at a time when the city-state is shedding jobs at the fastest pace since 2009. In particular, there is expected to be a focus on initiatives for the re-training of older workers, said Nomura’s Tan.



https://www.bloomberg.com/news/arti...iver-new-growth-map-with-economy-under-strain

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

no wonder lhl claimed he had "upgraded" the economy hahaha.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

After sinkees have completed their retraining and reskilling at e2i,there is still little or no more jobs available for them.The PAP knew about this fact and is not creating enough jobs for sinkees but simply and conveniently put the blame on sinkees for being choosy,unskilled and mismatched.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

batman1 said:

After sinkees have completed their retraining and reskilling at e2i,there is still little or no more jobs available for them.The PAP knew about this fact and is not creating enough jobs for sinkees but simply and conveniently put the blame on sinkees for being choosy,unskilled and mismatched.

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The retraining is the tool that is used to finish off the useless sinkie . Useless sinkie use their last dollar to invest lol

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

http://www.tnp.sg/news/singapore/5-trends-will-affect-job-loss

Quote - Overall, there will be more dynamism - and unpredictability - about jobs, skill sets and compensations. Under-employment or gap years will be new norms. The other big takeaway is in education. Education by schools have to change quickly and profoundly to cater to these trends. Learning will become lifelong instead of being front-ended in the teens and the 20s. The importance of self-teaching will grow as that is the most effective impetus for re-skilling without a pause.


Another article that concluded that we need to retrain to stay relevent, not addressing the fundamentals of the issue.

This old grad sums it all

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

Redeployed older workers should reinvent themselves
http://www.straitstimes.com/forum/l...oyed-older-workers-should-reinvent-themselves

Redeployed older workers must be realistic and acknowledge that they are no longer as productive.

More importantly, can older workers adjust to their new roles, which could require them to report to younger supervisors?

Redeployed older workers should maintain an effective and productive working relationship with their younger colleagues. If 10 per cent of retirees were to take up jobs without being too choosy, we could decrease reliance on imported workers.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

Dozens of Surbana staff lose their jobs http://news.asiaone.com/news/business/dozens-surbana-staff-lose-their-jobs

The spokesman said the terminations were not a retrenchment exercise, but "rather, a small number of poor performers were communicated with and released"

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

How well and how quickly Singapore can upskill as a workforce to thrive and succeed in an increasingly digitalised economy will be a key challenge for the Republic going forward, said Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). "Raising the levels of skills and competencies and abilities is going to be absolutely critical," he said, pointing to the need to keep up with rising technologies. http://www.straitstimes.com/busines...estructuring-still-work-in-progress-mas-chief

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

AsiaDK said:

How well and how quickly Singapore can upskill as a workforce to thrive and succeed in an increasingly digitalised economy will be a key challenge for the Republic going forward, said Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). "Raising the levels of skills and competencies and abilities is going to be absolutely critical," he said, pointing to the need to keep up with rising technologies. http://www.straitstimes.com/busines...estructuring-still-work-in-progress-mas-chief

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SGX - CMI in digital age.
SPH - CMI in digital age
Mediacorp - CMI in digital age
DBS - Can compete against the likes of Alipay?
Capitaland, Keppeland, Ascendas - Brick & Mortar type business with heavy capital outlays, highly dependent on continuing population growth and usage of commercial space. Many MNCs are now full practicising work from home using latest communication/cloud technologies to cut down office space.
Changi Airport - Space wastage with under utilised terminals. Now trying to play the retail property game (already forgone with e-commerce cutting off unnecessary intermediaries) by having ex Capitaland CEO Liew as its chairman. The new retail mall will be another White Elephant in the making.

Maybe Ravi should ask the whole bunch of scholar management to go for retraining.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

AsiaDK said:

Dozens of Surbana staff lose their jobs http://news.asiaone.com/news/business/dozens-surbana-staff-lose-their-jobs

The spokesman said the terminations were not a retrenchment exercise, but "rather, a small number of poor performers were communicated with and released"

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A company spokesman stressed to The Business Times that "about 50" Singapore-based employees had been let go purely for performance reasons, and that it was not a retrenchment exercise. Responding to BT's queries, the spokesman said: "We categorically state that there was no retrenchment. In line with the company's continuous focus on being a high-performance-driven organisation, about 50 poor performers were released." However, according to several released employees, who all spoke to BT on condition of anonymity, the number is probably much higher. One senior ex-employee claimed that department heads had each been asked by the company's human resources team to submit a list of people to be considered for release. More than 200 names were on the final list, including those of some employees based in Surbana's China and India offices; these included the so-called "poor performers" as well as those who were "unfairly downgraded" at the last performance appraisal, she said.

http://news.asiaone.com/news/business/surbana-axes-50-poor-performers-mom-talks-unions

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

e2i is a useless organization filled with people who need training trying to act to provide training.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

Bigfuck said:

e2i is a useless organization filled with people who need training trying to act to provide training.

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E2i is setup to squeeze $ from the unemployed sinkie loser.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

Singapore remains one of the easiest countries in the world to find work. http://www.businesstimes.com.sg/gov...-workers-have-it-easier-than-they-might-think

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

AsiaDK said:

Singapore remains one of the easiest countries in the world to find work. http://www.businesstimes.com.sg/gov...-workers-have-it-easier-than-they-might-think

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Yup. For anyone and everyone that's is NOT a Sinkie. It's been like this since decades ago. Any FT can just land a job without even first landing into Sinkiepore.

Sinkies can go e2i to be retrained as security guards. In fact, I guess Sinkiepore has the highest qualified security guards force n the world. Most are ex-PMETs.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

the solution is simple: bring in more shiploads of f trashes and the economy will will bounce back immediately - I bet LHL lanchiow on it

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

Hans168 said:

the solution is simple: bring in more shiploads of f trashes and the economy will will bounce back immediately - I bet LHL lanchiow on it

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true. an easy way that spells doom

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

There are lots of jobs available. Sinkies just need to check the jobs bank online or in the ST Classifieds. What the fuck are they talking about not having good jobs?

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

batman1 said:

After sinkees have completed their retraining and reskilling at e2i,there is still little or no more jobs available for them.The PAP knew about this fact and is not creating enough jobs for sinkees but simply and conveniently put the blame on sinkees for being choosy,unskilled and mismatched.

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yet Gilbert Tan CEO of e2i still holding his job despite not getting any PMET a meaningful job and yet he is director of HCS a private HR company in sg feeding on govt giveaways........ how can this conflict of interest be????

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

the singaporean workforce is outdated just like the american ford automobile industry workers in detriot,just take a look around at ur parents in their 40s and 50s,what can they do?not much.when China opened up her economy in 1980s,deng xiao ping encouraged the chinese to become businessmen,entrepreneurs,merchants,shopkeepers,small business owners,anything to make a buck.on the other hand,LKY trained the population of singapore to become mindless drones and textbook workers for MNC companies and to be reliant on foreign companies and foreign investments.as a result u have a crippled,handicapped overdependent population of useless eaters that modern society and industrialization have managed to support and keep alive for so long or otherwise half of singapore civilisation would be long dead by their forties.

the only way to make the redundant useful again is if lee hsien loong set up a manufacturing industrial park in conjunction with JB,and create masses of manufacturing jobs and let sinkies go work in chicken factories and food processing factories to go chop up chicken parts and marinate them to create finger licking good chicken for KFC and be paid the wages of a mexican sugar cane farmer.

Re: Retraining Redundants: Singapore to Deliver New Growth Map With Economy Under Str

the singapore workfarce should gather and put the MIW on stakes and burn them