Singapore is a highly developed economy in the global world. A free-market economy with low tax rates and high per-capita GDP, Singapore opens up a plethora of jobs for Freshers and senior professionals. There has been a steady growth of jobs in Singapore in the past and this will continue in the future too. In fact, 2019 sees a stable growth in top jobs in some of the top industrial sectors as per a latest survey report.

Some major roles in focus in coming time

It has been reported that there are few jobs roles which are in high demand among the different types of jobs in Singapore. These include product managers, data scientists, user experience (UX) designers, finance experts and experienced professionals with varied digital roles. Professionals in IT, digital and financial services can expect a high growth or larger hikes in 2019, in case if they prefer a job change within the city itself. Another job role which is in prominent demand is HR professionals at middle and senior level positions, having experience in talent acquisition and HR technologies. In financial services, professionals with technical and commercial skill sets are in demand. For jobs in Singapore, corporate banking professionals, trade finance experts, investment and research analysts have good scope in 2019 in the finance sector. Another job role which is in focus in coming time is the role for sales and marketing professionals, especially the ones that have digital, big data, e-commerce experience. In Singapore, more and more emphasis are given on developing industries through digitalization efforts.

Fastest Growing Sectors for Jobs in Singapore

Some of the prominent sectors for jobs in Singapore are as follows:

  • Accounting, Banking and Finance Sector: The accounting and finance sector is always been an important sector for the economy of Singapore. The city is a financial hub for Asian countries. There will be continuous demand for finance professionals having expertise on tax compliance and change management, along with familiarity of stakeholder engagement, regulatory rules, management skills, and a strong technical understanding. The city is a global leader in banking too with offices/headquarters of more than 200 national and international banks, financial institutions, and wealth management companies here. All these companies offer a wide variety of jobs in Singapore.
  • Construction: The construction industry is another industrial domain in recent time which is experiencing a great boom. Singapore’s transformation from a developing economy to newly industrializing zone in a very short span of time is the result of the booming construction sector. Real-estates, commercial parks, IT parks, hotels, shopping malls, industries have increased tremendously over the last few years, opening up a great number of jobs in Singapore.
  • Engineering Sector: The scope of engineering activities is growing in recent years in Singapore. Major focusing areas in the engineering sector include metal engineering, ship-breaking and repair, chemicals, oil and gas industry, and electrical equipment and appliances and other manufacturing domains. There is a great demand for jobs in Singapore for professionals with expertise on working on semiconductor, medical devices, and consumer electronics. Aerospace industry is also one of the fastest growing industries in the city, offering a great number of jobs for engineers. Logistics and Transport Engineering is another sector of prominence in engineering.
  • Digital Technology jobs: Jobs in Singapore in Digital technology are hugely popular, especially in recent time. The top five emerging jobs in Digital sector are cyber specialist, data scientist, UX designer, digital specialist and content specialist. Cyber jobs are in great demand because the city has seen a few major cyber-attack. During the period from 2013 to 2017, data scientist jobs increased at a rate of 17 times and cyber security jobs showed an increase of 5.5 times during the same period. All these job roles require not only expertise skills in their respective domain but also complementary skills like as communication and management. Singapore is slowly becoming an IT hub for Asian countries. In 2015, Asian Pacific headquarter for Twitter was set up in Singapore. Netflix is also going to open a center in Singapore. IT sector is also booming to support Singapore’s “Smart Nation” vision.

To sum up

Thus, Singapore opens up a number of job opportunities for professionals with specialized knowledge. The job market in the city is quite a promising one and it will remain so in the years to come.