Singapore is emerging as a regional tech hub but headhunters say it faces a severe talent crunch as more firms move in. This is partly because of government policies to tighten foreign hiring to offset falling Singaporean employment amid the coronavirus pandemic.
"The competition for tech talent is economy-wide as more sectors embark on digitalisation," said Menon, adding that the pipeline of local tech graduates wasn't enough to fill the vacancies. The large mismatch between demand and supply of tech workers meant that"we have to continue to depend on foreigners to fill the growing vacancies for technology jobs over the next few years," Menon said.
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