Commentary: As contest for international talent heats up, Singapore must stand out from the crowd

A HUB ASSOCIATED WITH INNOVATION, ENTREPRENEURSHIP PLUS GROWTH

The post-pandemic world presents the window of opportunity to bring more talent to Singapore. We already regularly score highly within factors like an great education system, politics stability, global connection, rule of regulation and a safe nation not just in respect of reduced crime rates but also one that is free of natural disasters.

Our handling of the pandemic has earned us international compliment and provide investors using the added confidence associated with staying in Singapore. Even our investment pipeline has remained solid despite the pandemic.

Mr Lee declared that the Government will quickly announce initiatives to significantly compete for worldwide talent.

Whatever form these types of may take, the crucial factor is that Singapore the actual first move to transmission to the potential international talent that they are quite welcome to join the community.   We ought to be bold in suggesting measures that will make them “sit up, pay attention”.

Eventually, to create better job opportunities and more opportunities, it really is clear that Singapore must “shine gaily as a hub associated with innovation, entrepreneurship plus growth”.

Simon Poh is Associate Professor (Practice) of the Department of Accounting on NUS Business School where he specialises in tax matters.