Kenneth Wong and Thian Tai Chew on Overseas Markets Immersion Programme

A new S$16 million scheme will help local companies send staff abroad to gain experience in overseas markets, as a survey finds fewer firms are venturing globally this year. Kenneth Wong, Director of Workforce Singapore's Trade and Lifestyle Division, and Thian Tai Chew, Executive Director of the Human Capital Division at the Singapore Business Federation, weigh on this new initiative, discussing the gaps it hopes to fill for local employees, and how the business federation will work with employers to ensure they get the most out of sending their employees for foreign immersion. They also talk about which sectors would likely benefit the most from this initiative.