Singapore, HK, Compete For Top Talent

The chief executive of the Singapore International Chamber of Commerce says it is good news that Prime Minister Lee Hsien Loong has vowed to attract top talent.

Victor Mills told RTHK that Singapore, like Hong Kong, is competing for top-notch talent, which is in short supply.

He also pointed out that executive relocation was weighted on the ability of spouses to work too, and he hoped this policy would be among new immigration schemes that Singaporean authorities were soon to announce.

“Executive relocation decisions are these days weighted on the ability of the talent’s spouse or partner to be able to work, too,” Mills told RTHK’s Hong Kong Today programme.

“And I think that is something that Singapore is fully aware of, is looking at, and we confidently expect that some degree of flexibility will be in these new schemes that are to be announced shortly," he said.

“We all know that every economy is in a war for talent, top talent is in short supply,” Mills added.

His comments come days after Prime Minister Lee Hsien Loong announced the city-state will repeal a colonial-era law criminalising gay sex.