Koh Poh Koon on acquisition of Manus
In parliament on Wednesday (Feb 4), Senior Minister of State for Manpower Koh Poh Koon answered a Member’s question regarding the acquisition of Singapore-based AI start-up Manus and the impact on local headcount retention and technology transfer. He said companies’ workforce demographics are confidential, but all foreign firms are expected to comply with Singapore’s manpower laws and fair hiring practices. He also outlined how the Economic Development Board works with foreign companies to facilitate skills transfer and capability development for the local workforce.
In parliament on Wednesday (Feb 4), Senior Minister of State for Manpower Koh Poh Koon answered a Member’s question regarding the acquisition of Singapore-based AI start-up Manus and the impact on local headcount retention and technology transfer. He said companies’ workforce demographics are confidential, but all foreign firms are expected to comply with Singapore’s manpower laws and fair hiring practices. He also outlined how the Economic Development Board works with foreign companies to facilitate skills transfer and capability development for the local workforce.
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