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The world's top labour force sustains Singapore's leadership position in key knowledge-intensive industries
In addition, a vast array of training and scholarship programmes are frequently developed by the government in tandem with industry partners and educational establishments. Such initiatives ensure that the workforce is future-ready. All this has helped produce a labour force that is ranked No.1 in the world over the last 30 years. (Business Environment Risk Intelligence's 2008 Labour Force Evaluation Measure report).
Rapid business innovation requires world-class R&D facilities and expertise. The Agency for Science, Technology and Research (A*STAR) ensures that Singapore has both in ample supply. With twelve research centres dedicated to a multitude of technological disciplines, Singapore attracts a world class community of researchers and specialists from the US, Europe and Asia Pacific region.
In the last decade, Singapore has successfully grown its R&D base, drawn top scientific and creative talent and nurtured R&D collaborations between the public sector and private enterprise. Today, Singapore holds global leadership positions in areas of manufacturing such as electronics and petrochemicals. The city-state remains an attractive base for complex manufacturing activities, in tandem with its move towards a more knowledge-centric and research-based economy. This emphasis on innovation and capital-intensive activities and a globalised workforce has shaped Singapore into a city-state where Chinese and Indian companies can internationalise, where American and European companies make their entry into Asia, and where views on the future of this dynamic and fast-evolving region can be forged. |
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| Last updated:29 April 2009 | ||
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