MAS chief: S'pore's finance sector on hiring spree, a third of over 9,400 new jobs in tech

sukukia

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psp should gather all sinkie pmets who lost financial sector jobs to fts to apply. this will either expose mas ******** about 9400 jobs or there is indeed not enough sinkies to fill job vacancies so have to import fts...
 

ChenHoNam

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How many of those created are in these area and went to Sinkies

Corporate Finance
Operations
IT Ops / Security
Risk Management & Compliance
Investment
etc....the list goes on.

these are the proper level of jobs that sinkies aspire !
 

jasonho26

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More than 9,400 new jobs in the financial sector will be on offer this year, according to the Monetary Authority of Singapore (MAS) estimates.

At least 3,000 of these will be in tech, including 700 roles for software developers and engineers, who are in high demand, said MAS chief Ravi Menon on Thursday (May 19).

The new hires will work in digital finance, blockchain technology and explore the use of artificial intelligence to detect fraud and money laundering.

At the opening of the Singapore Financial Forum on Thursday, Mr Menon said “Singapore’s financial centre is doing exceedingly well, and prospects remain bright for the years ahead”.

The COVID-19 pandemic did not dent the growth of the financial sector, which grew “four times faster than the overall economy”, Mr Menon said.

The sector grew by an annual average of 7.2 per cent in 2020-21 and created 5,800 jobs in financial services in the last two years.

Singapore is also now home to more than 50 global and regional innovation labs and 1,400 fintech firms, Mr Menon added.

Besides private markets, wealth management and insurance, Mr Menon said technology - the “digital transformation” of banks and insurers - and the rise of sustainable finance will further drive the sector’s growth.


there is no need to repeat your articles. i already said, financial storm is coming. i dont think Singapore regional hub is storm proof.
market always crash from the peak.
for every IT job created in the banking sector could means layoff in other IT replace depts ( never report).

financial sector will be hardest hit together with Tech in coming crisis. Unavoidable.

typical PAP style. 报喜不报忧。
 
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