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Times of India article shows how shortage of tech talent in Singapore is a blessing for Indians

Singapore s tech is booming, but it does not have enough talent

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.

Second wave of COVID-19 to impact blue-collar, gig jobs: Report

Second wave of COVID-19 to impact blue-collar, gig jobs: Report SECTIONS Last Updated: May 15, 2021, 09:43 PM IST Share Synopsis As India s economy tried regaining its footing earlier this year, the number of job opportunities rose 32 per cent during January-March 2021 as compared to the preceding December quarter, hinting towards an economic revival in the country, the report by global recruitment specialist Michael Page said. Agencies The report is based on information, facts and data procured from within Michael Page India s platform. The second wave of the pandemic in the country is likely to have a short-term setback mostly affecting the blue-collar jobs and the gig or temporary workers especially in the retail, hospitality, aviation and construction industry, according to a report. As India s economy tried regaining its footing earlier this year, the number of job opportunities rose 32 per cent during January-March 2021 as compared to the preceding December quarter, h

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