, Singapore

Around 20,000 jobs expected in digital, ICM sector: Josephine Teo

Jobs in the infocomm media sector grew by 5% in the last few years, the Minister for Communications and Information said.

More jobs will be created in the infocomm media (ICM) sector soon, driven by committed investments by the Economic Development Board (EDB).

“In the last two years, all the investments and commitments that EDB secured, and all the jobs that these investments are expected to create, about 40% (around 20,000) are digital roles,” said Minister for Communications and Information Josephine Teo in a speech, Wednesday.

She said local employment in the sector grew by 5%, or more than 8,000, in the last few years.

The quick pivot to digital platforms, driven by the pandemic, will increase the demand for digital tech talent. In turn, this would translate into attractive careers for Singaporeans, Teo noted.

“Collectively, these trends point to a picture of Singapore’s digital future that is very much at the forefront of our economy, and that offers exciting opportunities for Singaporeans – both our people, as well as our businesses – that are willing to take on these challenges, build up their own capabilities, and of course to innovate,” the Minister said.

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.