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Small and medium enterprises (SMEs) in Singapore, a country known to attract masses of foreign workers, want to increasingly rely on local talent, Channel News Asia writes. But at the same time, many of these firms face challenges attracting local workers who are keen to work in global conglomerates.
A new government talent programme is supposed to tackle the issue with the scheme aiming to attract local students to SMEs by offering a study award, which partly covers tuition fees, a study allowance and a sign-on bonus.
The programme is expected to match 3,000 graduates to some 800 participating SMEs over the next five years. Read the whole story here.