Singapore to create up to 20,000 finance jobs over five years

The push to enhance Singapore’s competitiveness as a global financial centre comes against the backdrop of a gloomier economic outlook. - Reuters

SINGAPORE (Bloomberg): Singapore aims to add as many as 20,000 finance jobs over five years as the government seeks to bolster areas including wealth management and sustainable financing.

The Asian financial hub is projected to add 3,000 to 4,000 net roles on average every year during 2021 to 2025, while the financial sector will grow by 4% to 5% per year in the plan unveiled Thursday (Sept 15) by the Monetary Authority of Singapore.