Singapore Says It Needs Foreign Tech Talent

  • Education Minister Ong discusses labor needs in interview
  • U.S.-China trade war will dent investor confidence, Ong says
Singapore Education Minister Ong Ye Kung talks about the trade tensions between two of its top trade partners.(Source: Bloomberg)
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Singapore, grappling with an aging population and a shortage of high-tech workers, says it needs to bring in foreign talent in areas including software programming while the country rebalances its education system to meet future demands.

A key issue is whether Singapore has a critical mass of workers to make itself a vibrant economy that will attract investments and encourage enterprise, Education Minister Ong Ye Kung said. The nation will maintain little restriction on foreign labor for high-end jobs such as in artificial intelligence, while keeping a quota system for lower-skilled industries including construction.