Government tops up around $200 million for NTUC to scale up on Company Training Committee (CTC) efforts. Means NTUC’s persistence paid off! More $$$ for CTC means more training support for workers.
Ho seh liao! Businesses and workers can huat big big this year liao! Because the government just answered the National Trades Union Congress (NTUC)’s call for more money to scale up the NTUC’s Company Training Committees (CTC) initiative!
During Budget 2025, Prime Minister and Minister for Finance Lawrence Wong announced that the Government will top up around $200 million to help NTUC scale up CTCs. The grant will also be expanded to support employer-led training that leads to formal qualifications or certifications, said PM Wong.
NTUC Champions, Government Listens, Workers Gain!
For those who blur-blur like sotong, this CTC hor is an initiative launched by the NTUC in April 2019 to support workers in achieving better work prospects through company training.
In other words, it is NTUC’s way to help companies and workers upgrade their skills, adopt new tech, and transform jobs—so that next time, bosses won’t just tell their workers,
“Hey, AI take over liao, you can go home, haha”.
And now, the government is investing even more money into it. So, businesses and workers – mai tu liao, it’s time to tap on to the money and make use of this!
In the lead-up to Budget 2025, NTUC Secretary-General Ng Chee Meng has called for additional financial support to further expand company-led training programs. These programs help firms transform their business so they can retain and recruit staff, while also ensuring that workers have the skills they need for better job security.
They’ve been calling for this because they know workers cannot compete with AI and automation if don’t upgrade. Training must be relevant, and companies also must put in the effort to help workers level up, not just say “you go figure out yourself.”
Top up jiu top up lah, why should we care?
Got hear before, “没有常识，就多点看电视” (watch more TV if you don’t have common sense)? This term is totally describing people who think that this CTC got nothing to do with them sia.
This CTC top up is an investment in YOU, the workers in Singapore.
Why? You ask. You see ah, CTC helps workers learn new skills while still working, so they won’t become obsolete and out of trend so quickly like Labubu.
Plus, companies also benefit because they can train their staff instead of always hiring new ones.
So, this top up is also a sign to show that the government cares for the workers and want to make sure that businesses and workers are supported.
Just so you know, the last time the government put money into the CTC fund was in Budget 2022, when they set aside $100 million for NTUC to scale up on their CTC efforts.
Since its launch in 2019, NTUC has established over 2,700 CTCs, These efforts have benefited more than 7,000 workers, with many receiving wage increases and structured career development plans leh!
So you think it has got nothing to do with you and won’t benefit you? Think again ah.
