Committee of Supply 2025 debate, Day 5: Sharael Taha on supporting employers in transformation and Singaporean corporate leaders

Singapore has been actively pursuing workforce transformation with various schemes encouraging employers to transform their workforce, but how successful has it been in this endeavour? Has Singapore moved the needle in workforce transformation to drive new business models, improve global competitiveness, drive higher productivity and most importantly, drive better wages for workers? MP Sharael Taha raised these questions in parliament on Thursday (Mar 6). Noting that many multinational enterprises have established their operations, regional headquarters and even global headquarters in Singapore, he wanted to know how the government is supporting the development of a strong pipeline of local leaders who can take on key leadership roles in these multinational enterprises from Singapore.