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NEW UPDATES Asean Affairs    29 January 2015  

Singapore faces challenges in growing talent for its economy: Researchers

SINGAPORE: The Republic "struggles" to grow its vocational and global leadership talent to meet the needs of the medium- and high-skilled sectors of the economy, according to the authors of the Global Talent Competitiveness Index report released last week.

Vocational education is a challenge for fast-growing Asia, said the authors, with talent development being more than just about attending a top-tier university. Formal education, while important, should be complemented by learning from experience to promote talent growth, and Asia can learn from Scandinavian culture in this aspect, added the authors.

The authors also noted that in this technology-driven age, lifelong learning is becoming more important as people constantly change jobs. They added that talent development strategies should focus on the concept of employable skills to meet business needs.

Singapore is set to place more emphasis on this aspect, with the SkillsFuture Council set up to help Singaporeans plan for future careers.

Openness in trade, investment and labour mobility is another key component in talent competitiveness, added the authors.

The second edition of the Global Talent Competitiveness Index ranked Singapore second in the world after Switzerland in terms of the ability to compete for talent. It was produced by business school INSEAD in collaboration with the Human Capital Leadership Institute of Singapore and Adecco Group. It  considered factors like the business landscape, openness and access to growth opportunities of around 90 economies.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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