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Talent hub another strong selling point for S’pore

Posted on 1 Oct 2009 | Comments Off

Being a talent hub – not just low-cost site – will keep drawing investors

MAKING Singapore a home for talent is the next push to ensure Singapore stays attractive to foreign investors, according to Trade and Industry Minister Lim Hng Kiang.

Speaking yesterday at the final panel discussion of the two-day Singapore Human Capital Summit conference, he said that it is getting more difficult to bring in foreign investments. Multinational corporations and others are no longer drawn simply by a low-cost environment.

Singapore’s move to become a talent hub is to keep in step with this change, Mr Lim said.

As a talent hub, he said, Singapore would not only offer a ready pool of talent for companies to tap, but also what is needed to develop the talent they require – yet another unique selling proposition (USP) for the Republic.

His comments came just a day after Prime Minister Lee Hsien Loong unveiled the Economic Development Board’s (EDB) new initiative to anchor Singapore as the regional centre for developing talent and leadership training. Continue reading →

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Tagged Human Capital Summit, Singapore Link

One-north cluster for talent growth

Posted on 30 Sep 2009 | Comments Off

SINGAPORE is setting up a hub for talent development and is seeking business schools, institutions and corporations to form a cluster at one-north, at Buona Vista, to help achieve this goal.

The initiative – called Singapore Link – unveiled by Prime Minister Lee Hsien Loong yesterday is aimed at anchoring Singapore as the regional centre for developing talent and leadership training.

Link, short for Leadership Initiative for building Networks and Knowledge, wants to attract big-name business schools, companies and ‘corporate universities’ to work together on talent development in an Asian context.

Corporate universities refer to multinationals like Citigroup, GE and UBS which have their own corporate schools to train employees for management roles.

The Economic Development Board (EDB), which is driving the Singapore Link initiative, said the Link ‘campus’ – the pool of institutions involved – will be run in a similar way to Biopolis. Continue reading →