MAS nudges financial firms on local high-tech skills transfers
It urges employers to look at hiring mid-career Singaporean professionals looking to switch industries too
Add BT as a preferred source
Singapore
THE Monetary Authority of Singapore (MAS) is drilling down to the local mix in technology units of financial institutions in Singapore to ensure skills transfer for high-end tech jobs, and has had "bespoke conversations" with financial institutions on their localisation plans at tech units.
The heightened effort also reflects that while technology is commonly blamed for reducing jobs, it has in fact created jobs in the financial sector here. The issue now is the lack of supply here.
TRENDING NOW
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move
