What does CIM mean in COMMISSIONS
CIM (Commission for Industry and Manpower) is a commission established by the Government of Singapore to promote economic development and manpower growth in the country. It plays a crucial role in shaping Singapore's industrial and manpower policies, with a focus on enhancing competitiveness and fostering innovation.
CIM meaning in Commissions in Miscellaneous
CIM mostly used in an acronym Commissions in Category Miscellaneous that means Commission for Industry and Manpower
Shorthand: CIM,
Full Form: Commission for Industry and Manpower
For more information of "Commission for Industry and Manpower", see the section below.
Key Functions
- Industry Development: CIM works to develop and implement strategies for the growth and transformation of Singapore's industries. It identifies key industries with high potential, provides support for research and development, and facilitates collaboration between the government, businesses, and research institutions.
- Manpower Development: CIM focuses on developing a skilled and adaptable workforce that meets the evolving needs of the economy. It oversees programs for education, training, and upskilling, ensuring that Singaporeans have the necessary knowledge and skills to thrive in the job market.
- Workforce Restructuring: CIM supports workforce restructuring initiatives, including the creation of new jobs, the redeployment of workers from declining industries to growth sectors, and the promotion of flexible work arrangements.
- Business Environment: CIM strives to create a conducive business environment for companies operating in Singapore. It provides incentives and support for businesses to invest in research, innovation, and technology adoption.
- Labor Market Analysis: CIM conducts regular labor market analysis to identify trends, anticipate future needs, and develop policies to address challenges and opportunities.
Essential Questions and Answers on Commission for Industry and Manpower in "MISCELLANEOUS»COMMISSIONS"
What is the Commission for Industry and Manpower (CIM)?
The Commission for Industry and Manpower (CIM) was a Singaporean government agency responsible for developing and implementing policies to promote economic growth and job creation. It was established in 1979 and merged with the Ministry of Trade and Industry in 2004 to form the Ministry of Trade and Industry and Manpower.
What were the main functions of CIM?
CIM's main functions included promoting industrial development, developing and implementing manpower policies, and facilitating the implementation of economic policies. It worked closely with private sector organizations and government agencies to foster economic growth and create job opportunities for Singaporeans.
What were some of CIM's key achievements?
CIM played a pivotal role in Singapore's economic development. Some of its key achievements include the establishment of the Economic Development Board (EDB), which attracted foreign investment and promoted industrial growth; the development of the SkillsFuture program, which provided skills training and lifelong learning opportunities for Singaporeans; and the implementation of the Workfare Income Supplement (WIS) scheme, which provided income support to low-wage workers.
Why was CIM merged with the Ministry of Trade and Industry?
The merger of CIM and the Ministry of Trade and Industry in 2004 was part of a government reorganization aimed at streamlining government agencies and improving efficiency. The merger brought together two complementary agencies with similar mandates, creating a single entity responsible for promoting economic growth and job creation.
What is the legacy of CIM?
CIM's legacy is the strong foundation it laid for Singapore's economic success. Its policies and programs helped to create a vibrant and competitive economy, and its focus on skills development and lifelong learning ensured that Singaporeans had the skills and knowledge they needed to succeed in the global economy.
Final Words: CIM plays a vital role in driving Singapore's economic growth and workforce development. Its comprehensive approach to industry and manpower policies has contributed significantly to Singapore's reputation as a global business hub with a highly skilled and competitive workforce.
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