Thousands of jobs to be created from $13b in investment commitments secured in first 4 months of 2020: Chan Chun Sing

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They include tech firm Micron, which intends to add 1,500 jobs here over the next few years, and online retailers Shopee and Lazada.. Read more at straitstimes.com.

SINGAPORE - A total of $13 billion in investment commitments has been secured in the first four months of 2020 - among the highest in recent years, which will create thousands of jobs in areas such as tech and e-commerce over the next few years.

This ranges from helping companies hire ahead of demand, to initiating projects to encourage innovation. He said that the $13 billion attracted by EDB reflects the confidence major investors and businesses have in Singapore's economy. He added that there are over 100 roles for positions based here, and that Lazada is looking for people with skill sets in data analysis, machine learning, logistics planning and account servicing."E-commerce adoption has accelerated during this period among customers and retailers, and the right talent is important to drive Lazada's business as the future has been brought forward," he added.

Going ahead, said Mr Chan, not every job from the old economy will be preserved but the Government is determined to help every Singaporean and businesses here make the transition.

 

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Singapore secured S$13b in investment commitments from Jan-Apr 2020, exceeds EDB projectionSINGAPORE has secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's (EDB) full-year projection of S$8 billion to S$10 billion, Ministry for Trade and Industry Chan Chun Sing said in a media interview on Saturday. Read more at The Business Times.
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Singapore secured S$13b in investment commitments from Jan-Apr 2020, exceeds EDB projectionSINGAPORE has secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's (EDB) full-year projection of S$8 billion to S$10 billion, Ministry for Trade and Industry Chan Chun Sing said in a media interview on Saturday. Read more at The Business Times.
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