Monday, June 16, 2014

Fewer new jobs in financial sector

Fewer new jobs are being created in the financial sector in Singapore as banks and other institutions outsource some functions overseas, sharpen their focus on specialised skills and adapt to rapid technological change.

About 5,000 new jobs were created in the sector for each of 2012 and 2013, compared with about 10,000 a year in 2010 and 2011.

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