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SINGAPORE: Singapore has launched its first training programme to raise productivity of older workers.
It's part of an effort by the Singapore Manufacturing Federation to champion the concept of "Silver Productivity" by developing courseware with various institutions.
The federation and Republic Polytechnic signed a memorandum of understanding to start the programme early next year.
It includes lab-based training for operations managers and human resource personnel to redesign systems and processes to help staff work better.
Over 300,000 workers aged 55 and above from the manufacturing and services sectors are expected to benefit.
Minister of State for Trade and Industry Teo Ser Luck said companies must improve technology, processes and strategies in the face of an ageing workforce.
He also urged agencies, institutions and industry associations to form greater synergies.
Mr Teo said: "When we come together to tackle the problem as a business community and as a society, we become much better positioned to develop long-term, sustainable solutions.
"Collaboration therefore serves as a springboard for organisations to drive productivity and optimise operations through the adoption of best practices in order to adapt to the realities of an ageing workforce."