Singapore believes that it must happen for “every generation”, not only the young.
Speaking in CNBC Will coincide liveSingapore Minister for Development and Information Josephine Teo said Arjun Kharpal from CNBC that while Singapore conducts training before employment in schools and universities, this country also focuses on constant education for working people.
“If we think that what they have left school will survive their whole professional life, I think it is not realistic,” she said. “In their 40, 50 years active in working strength, three, four, five, six times, and maybe even more, may have to rotate.”
She explained that Singapore would support employees over 40 years of age who want additional qualifications.
“We think not only about the younger generation. We think about every generation, “Teo said.
The city-state has a program called “Skills Future Mid-Career Assing“Which gives an add -on to $ 3,000 in Singapore (USD 2,250) a month, so that employees can take free from work, to continue their full -time qualifying courses.
“So if you spend two years for this program, it's 72,000 SG so that you can change the vest, relocate and be ready for the future. That's how we look at it. “
This program will also be available to employees who want to take part in part -time courses from the beginning of 2026.