Arab Today, arab today singapore to spend millions to boost medical technology industry
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

Singapore to spend millions to boost medical technology industry

Arab Today, arab today

Arab Today, arab today Singapore to spend millions to boost medical technology industry

Singapore - XINHUA

Singapore launched a 10 million Singapore dollars (8 million US dollars) initiative on Friday to attract and retain local talents in the medical technology industry. The MedTech Industry Transformation Initiative, launched by Minister in the Prime Minister\'s Office and Second Minister for Trade and Industry S Iswaran, is a tripartite partnership involving the Workforce Development Agency, Employment and Employability Institute and the Economic and Development Board. The initiative aims to help companies transform processes and increase the value of the jobs. It will also help improve productivity and grow a pool of skilled workforce to serve the current and future needs of the industry, Iswaran said. Iswaran said that Singapore\'s medical technology industry has more than doubled its manufacturing output over the last ten years to 4.3 billion Singapore dollars in 2012. The industry in Singapore currently employs nearly 10,000 workers, but the demand for these workers is expected to rise because of an ageing population, growing middle class and expectations of better quality medical care. However, Iswaran also said that the industry is facing increasing competition as countries with lower cost structures build up their medical technology industries. \"For the Singapore MedTech industry to remain globally competitive, we need to differentiate ourselves in terms of innovation, quality and value,\" he said. Companies will get support to enhance their operations over two years under the newly launched initiative, in the form of productivity-related consultancy and implementing productivity projects. The agencies will also attract, up-skill and train the local workforce.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore to spend millions to boost medical technology industry Arab Today, arab today singapore to spend millions to boost medical technology industry

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore to spend millions to boost medical technology industry Arab Today, arab today singapore to spend millions to boost medical technology industry

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday