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| Singapore Travel » Jobs in Singapore |
Jobs in Singapore
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Why is Singapore emerging as a major South-east Asian trade and business hub? It is for a number of reasons:
- The island country is located strategically on major sea lanes
- The government is pro-investment
- The research and development scenario is bright
- Thousands of multinational companies have set up their units in Singapore
- The population is industrious.
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It is not surprising to note that Singapore has countered effectively the recessive trends and registered a national growth of 6% in Q4 while the major economies are faced with worst economic slowdown of all times.
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Visualizing the vast opportunities for business development in this region, almost all bigwigs in the world business environment have opened up their regional headquarters and even corporate offices in Singapore. The location of the place is the biggest advantage for the development of business and trade in the country. The government of Singapore has taken every possible step to further enhance the prospects of foreign investment in the country. During 1959 to 1990, under Lee Kuan Yew's administration Singapore's unemployment problems were curbed, the standard of living was raised and a large-scale public housing program was implemented.
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The face of Singapore completely changed during that period and it evolved into a global city with a first-world status towards the end of the twentieth century. The current government is making every effort to establish Singapore, as Southeast Asia's financial and high-tech hub.
The Ministry of Manpower (MOM) encourages foreign skilled workers to work in various job sectors in the country. It provides an EPEC or employment pass eligibility certificate on the basis of which a foreign professional may come to Singapore and look for suitable employment. Upon securing a job, the MOM issues a valid work permit or employment pass or S-Pass.
As Singapore is a global city, several business and employment opportunities are created to encourage more talent and investment into the island nation. Singapore has colleges and universities that are affiliated with some of the world renowned educational institutions of Europe and USA. Around 7,000 foreign MNCs and some 10,000 foreign Small and Medium Enterprises are located in Singapore and the island state has been accredited to providing the highest quality of life for expatriates in Asia. Finding employment in Singapore is easy with our online directory for jobs & careers in Singapore. For young graduates and entrepreneurs, Singapore offers scores of choices.
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