Hiring in South-east Asia finance sector stays cautious

Singapore

THE banking and financial services industry (BFSI) in South-east Asia continues to display a cautious hiring outlook as Singapore, Malaysia and the Philippines report a positive yet slow recruitment growth rate, according to the latest Monster Employment Index (MEI).

The index is a monthly gauge of online job hiring activity by Monster.com, and tracks industries and occupations with the highest and lowest growth in online recruitment, which also includes data points from the BFSI sector.

Singapore recorded the highest online hiring activity in the BFSI sector in South-east Asia, at 9 per cent year-on-year in July, down from the 11 per cent recorded between June 2016 and 2017.…