Sai Sudhakar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Singapore’s tech is booming, but it does not have enough talent © Provided by The Times of India It has been one of the world’s foremost financial hubs. But Singapore is also now becoming increasingly a major technology hub. The world’s biggest technology companies, including US and Chinese ones, are expanding or establishing bases there. That’s part of a broader foreign investment influx, which broke a 12-year record last year, encouraged by Singapore’s wealth, location, and business-friendly reputation. The country itself is on a massive digitalisation drive. But the tiny nation of 6 million people now faces a big challenge – a severe shortage of technology talent. Ravi Menon, the MD of the Monetary Authority of Singapore, said last month that a boom in technology jobs across all sectors in Singapore and a shortage of tech workers implies that the country will have to rely on foreigners to fill the gap.

Andhra pradeshTamil naduNupur mehtaKamal karanthRavi menonIgor volynskiyCredit suisseMonetary authority of singaporeMonetary authoritySai sudhakarSingapore based aparஆந்திரா பிரதேஷ்தமிழ் நாடுநூபூர் மேத்தாகமல் கரந்த்ரவி மேனன்