Singapore's financial sector is hiring, but tech skills are key

Singapore

SINGAPORE's financial services sector has held steady against the economic toll of the pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.

But this trend may not be here to stay, as rising demand for tech roles in the industry continues to outstrip the ability to build up the relevant skills, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), at a webinar hosted by MAS and the Institute of Banking and Finance (IBF) Singapore on Thursday.