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More than 9,400 new jobs in financial sector on offer this year: MAS chief

More than 9,400 new jobs in financial sector on offer this year: MAS chief

SINGAPORE — More than 9,400 new jobs in the financial sector will be on offer this year, according to the Monetary Authority of Singapore (MAS) estimates.

At least 3,000 of these will be in tech, including 700 roles for software developers and engineers, who are in high demand, said MAS chief Ravi Menon on Thursday (May 19).

The new hires will work in digital finance, blockchain technology and explore the use of artificial intelligence to detect fraud and money laundering.

At the opening of the Singapore Financial Forum on Thursday, Mr Menon said “Singapore’s financial centre is doing exceedingly well, and prospects remain bright for the years ahead”.

The Covid-19 pandemic did not dent the growth of the financial sector, which grew “four times faster than the overall economy”, Mr Menon said.

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