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[h=2]Vital for S’pore to maintain local pool of PMEs[/h]
June 9th, 2014 |
Author: Contributions
I refer to Mr Lim Kay Soon’s letter “Singapore can consider levy on foreign
PMEs” (June 4). [Link]
Singapore has done well to make itself a premium investment
centre for businesses around the world. This has created opportunities for the
development of professional and business skills that can be used worldwide.
In this regard, a local pool of professionals, managers and executives (PMEs)
enhances Singapore’s competitive edge. It also encourages school-leavers to take
on careers that can help to develop the expertise needed to continue building
the economy to world-class standards.
One can find this in industries such as shipbuilding and offshore
engineering. Local PMEs have benefited from the experience acquired from
multinationals in the past and have then continued to build the industries of
today’s standards.
The same can be done for industries Singapore hopes to develop now and in the
future, such as chemicals, energy, environmental engineering, infrastructure and
information technology.
As Mr Lim mentioned, foreign PMEs will leave and core skill sets and
experience may be lost for future generations of Singaporeans aspiring to build
Singapore to the next level.
This need not be so when a skilled core of local PMEs could be available to
pass their knowledge to younger Singaporeans. I find it a waste that qualified
PMEs are ending up as cabbies or insurance and estate agents.
As Mr Lim suggested, on a level playing field, which a PME levy would
produce, real skills would be recognised, not just a difference in
salaries.
Ho Wye Ming
* Letter first
appeared in TodayOnline: Voices, 5 June 2014, “Local pool of qualified PMEs
vital to S’pore industries”
I refer to Mr Lim Kay Soon’s letter “Singapore can consider levy on foreign
PMEs” (June 4). [Link]
centre for businesses around the world. This has created opportunities for the
development of professional and business skills that can be used worldwide.
In this regard, a local pool of professionals, managers and executives (PMEs)
enhances Singapore’s competitive edge. It also encourages school-leavers to take
on careers that can help to develop the expertise needed to continue building
the economy to world-class standards.
One can find this in industries such as shipbuilding and offshore
engineering. Local PMEs have benefited from the experience acquired from
multinationals in the past and have then continued to build the industries of
today’s standards.
The same can be done for industries Singapore hopes to develop now and in the
future, such as chemicals, energy, environmental engineering, infrastructure and
information technology.
As Mr Lim mentioned, foreign PMEs will leave and core skill sets and
experience may be lost for future generations of Singaporeans aspiring to build
Singapore to the next level.
This need not be so when a skilled core of local PMEs could be available to
pass their knowledge to younger Singaporeans. I find it a waste that qualified
PMEs are ending up as cabbies or insurance and estate agents.
As Mr Lim suggested, on a level playing field, which a PME levy would
produce, real skills would be recognised, not just a difference in
salaries.
Ho Wye Ming
* Letter first
appeared in TodayOnline: Voices, 5 June 2014, “Local pool of qualified PMEs
vital to S’pore industries”
