New training program launched to raise Singapore retail sector's productivity

08:36, September 01, 2010      

Email | Print | Subscribe | Comments | Forum 

A Singapore minister announced on Tuesday that the country has developed an 8-day training program for the retail sector.

The program are developed by the Singapore Retailers Association, in collaboration with the Singapore Productivity Association (SPA), Singapore's Senior Minister of State for Trade and Industry and Education S. Iswaran said on Tuesday.

He said the retail industry is now a significant contributor to Singapore's economy, however, he urged the retail sector to improve productivity as Singapore lags behind other international cities, with retail productivity at only 66 percent that of Hong Kong's and 44 percent that of New York's.

He revealed that in 2008, the industry registered some 26.2 billion Singapore dollars (19.30 billion U.S. dollars) in sales revenue and generated 3.8 billion Singapore dollars (2.80 billion U.S. dollars) in value-add, accounting for 1.4 percent of Singapore's GDP.

The industry also employs over 100,000 workers in some 19,000 establishments, about 4 percent of Singapore's total workforce.

Participants of the program will learn to identify and analyze productivity issues affecting their companies, develop solutions and implement strategies that will address these issues in the program.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Players of Iran throw up their coach Velasco Julio during the awarding ceremony at the 16th Asian Men's Volleyball Championship in Tehran, capital of Iran, Sept. 29, 2011. Iran won the champion after beating China 3-1 in the final on Thursday. (Xinhua/Ahmad Halabisaz)
  • Greek artists burn copies of emergency tax notices during a protest against austerity measures in Athens, Greece, on Sept. 29, 2011. The Greek government is facing a new wave of protests as it introduces new austerity measures to obtain the sixth tranche of aids necessary to overcome the acute debt crisis.(Xinhua/Marios Lolos)
  • A winner of the 36th Miss Bikini International 2011 poses for a photo at the Olympic Sailing Center in Qingdao, a coastal city of east China's Shandong Province, Sept. 29, 2011. (Xinhua/Chen Jianli)
  • Staff members are in position at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Rao Aimin)
  • Champion of Miss Bikini from Poland receives trophy at the final of the 36th Miss Bikini International World Competition in Qingdao, east China's Shandong Province, Sept. 28, 2011. (Xinhua Photo)
  • Photo taken on Sept. 28, 2011 shows autumn scenery of populus euphratica forests in Ejina Banner, north China's Inner Mongolia. The populus euphratica forests here, with an area of 390,000 mu, or 26,000 hectares, is one of the world's most famous populus euphratica forests. The golden leaves and sunshines here in autumn is able to attract more than 100,000 person-times annually. (Xinhua/Zhao Tingting)
Hot Forum Discussion