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Singapore's talent strategies must remain flexible amid heightened disruption brought about by AI and other technologies and shifting workforce demands, a senior government official said on Friday. To keep our competitive edge as a global business node, we must continue to strengthen our position as a global hub for talent, by attracting talent from around the world, while also investing in our local talent pipeline, a Senior Parliamentary Secretary for Manpower Shawn Huang said. At the same time, we must not overlook soft skills that are AI resilient, such as creativity, critical thinking, emotional intelligence and leadership, which will become more valuable as AI increasingly handles routine tasks," the Channel News Asia quoted Huang as saying when asked about the island state's latest ranking on attracting global talent. Singapore was ranked the world's most attractive place to develop, attract and retain talent, topping the Global Talent Competitiveness Index for the first ...
The UK government is looking at bolstering a drive to attract global talent with a possible visa fee waiver to support the world's top science and tech talent relocation to the country, a media report said on Monday. The Global Talent Taskforce, backed up by a 54-million-pound Global Talent Fund launched earlier this year, is revving up further to lure international experts, including Indians, even as the US announced a clampdown on its H-1B visas used by global techies, according to a Financial Times' report. The taskforce, which reports directly to Prime Minister Keir Starmer and Chancellor Rachel Reeves, works across 10 Downing Street and the UK Treasury to explore ways to boost the UK's economic growth. "We're kicking around the idea of cutting (visa) costs to zero, the newspaper quoted a government official as saying. "We're talking about the sort of people who have attended the world's top five universities or have won prestigious prizes, the official said. It comes as Presi
A significant percentage of companies in India believe the advent of 5G will herald a transformative era in the world of work, unlocking a wealth of opportunities for India's tech talent pool, says a report. According to the report by staffing company TeamLease Services, over 80 per cent of respondents believe that IT and banking and Financial Services will benefit from the 5G technology in terms of job creation and upskilling. The report titled "India's 5G rollout: Revolutionising the People Supply Chain is based on responses of over 247 companies on the impact of 5G on the ecosystem and employment generation. "With substantial investments, such as the PLI scheme allocating Rs 12,000 crore to the telecom sector, with approximately 25 per cent dedicated to creating new jobs, we are poised for a positive outlook on job creation and upskilling," TeamLease Services CEO - Staffing, Kartik Narayan said. This will boost confidence to harness the potential of 5G, creating unprecedented jo