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Singapore Faces Talent Crunch as Tech Giants Scale Up

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The Singapore skyline.

Singapore is facing a talent crunch in information technology.

Credit: Edgar Su/Reuters

Singapore's ambition to be a regional technology hub faces a talent crunch as major companies like China's Tencent conglomerate and U.S.-based Zoom Video Communications expand in the city-state, according to Reuters interviews with over a dozen recruiters, firms, and employees.

Singapore's government has been retraining thousands on tech skills, while enrollment for information technology courses at Singapore colleges has climbed 17% over the past three years to about 7,600 for the 2020 academic year.

The American Chamber of Commerce's Lei Hsien-Hsien said, "Certain member companies have been expanding their operations ... and looking to hire more data scientists, more coders." Added Lee, “The demand is very strong but the supply is relatively weak, which then slows down some of the expansion plans.”

From Reuters
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