Skillful Craftsman Education Technology Limited Announces Collaborative Agreement Of Training Foreign Nurses To Meet Registered Nurses Demand In Singapore
Portfolio Pulse from Happy Mohamed
Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) has announced a collaborative agreement with Parkway College of Nursing and Allied Health Pte. to provide specialized training for foreign workers seeking healthcare sector employment in Singapore. The collaboration aims to address the shortage of nursing resources in Singapore. Skillful Craftsman will utilize Parkway College's preparatory course to offer systematic trainings to overseas nurses. Singapore plans to hire close to 4,000 nurses by the end of 2023, 60% of which will be foreign nurses.

August 30, 2023 | 12:39 pm
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POSITIVE IMPACT
Skillful Craftsman's partnership with Parkway College to train foreign nurses could potentially increase its revenue and market presence in Singapore's healthcare sector.
The partnership with Parkway College allows Skillful Craftsman to tap into the healthcare sector in Singapore, which is facing a shortage of nurses. This could potentially increase the demand for their services, leading to increased revenue and market presence. However, the success of this initiative depends on the effectiveness of the training program and the acceptance of foreign nurses in Singapore's healthcare sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100