SG60: Singapore launches new state-funded traineeship programme
This will be for ITE, polytechnic, and university graduates.
Singapore will launch a new government-funded traineeship programme for Institute of Technical Education (ITE), polytechnic, and university graduates, Prime Minister Lawrence Wong said at the National Day Rally.
The new traineeship programme will address the growing concerns about finding jobs, especially with current economic uncertainties.
Wong said the new programme will be done with a more focused rollout, and it will be scaled up should the economy worsen.
Wong also said that the SkillsFuture Level-Up Programme, intended for those 40 and above, will also see enhancements.
This programme was introduced in 2024, and they get $4,000 in SkillsFuture credits and training allowances of up to $3,000 per month for up to 24 months.
The first enhancement is to allow a portion of the training allowance to be claimed for part-time courses.
Second is to expand the course offerings.