SINGAPORE — A boom in technology jobs across all sectors in Singapore and a shortage of tech workers means the country will have to rely on foreigners to fill the gap, Ravi Menon, the managing director of the Monetary Authority of Singapore said on Tuesday.
Singapore is emerging as a regional tech hub but headhunters say it faces a severe talent crunch as more firms move in. This is partly because of government policies to tighten foreign hiring to offset falling Singaporean employment amid the coronavirus pandemic.
Singaporeans make up just over one-third of the estimated 25,000 tech workforce in the local financial sector, Menon said during a w…
Keep on reading: Foreigners needed to fill Singapore tech jobs crunch, says central banker