Singapore to create 15,700 jobs over five years, EDB says |
| Investment commitments in Singapore for 2025 are projected to generate 15,700 jobs over the next five years, with two-thirds of these roles offering monthly wages above $5,000. The Economic Development Board (EDB) reported that 40% of the jobs will be in services, 37% in manufacturing, and 23% in research and development. EDB chairman Png Cheong Boon said these roles will provide meaningful career pathways for both fresh graduates and mid-career hires. Despite the increase in investments to $14.2bn, job creation is down 16% from 2024, reflecting a more conservative outlook from companies amid global uncertainties. |
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