Why are Singapore and Hong Kong lagging in workforce talent retention?

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Singapore and Hong Kong are lagging behind European countries in developing and attracting workforce talent as a result of their higher living costs and lower government spending on education, according to Swiss business school IMD.The annual IMD World Talent Ranking, released on Monday, ranked Switzerland in top position followed by Denmark, Sweden, Austria and Luxembourg.Singapore was the only Asian entry in the top 10, coming in at tenth position, while Hong Kong was ranked 15, ahead of…

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South China Morning Post provides Hong Kong economy news including annual budget, MPF pensions, retail and transport.

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