, Singapore

Singapore to add 5,500 PMET jobs annually until 2020

It also aims to add $31b to the industry's value.

Senior Minister of State Indranee Rajah launched the Professional Services Industry Transformation Map (ITM), which aims to add 5,500 Professional, Managers, Executives and Technicians (PMET) jobs to the industry annually until 2020.

According to a press release, the ITM also aims to add $31b to the value of the industry.

The ITM has identified specific high-growth areas for key sectors within professional services such as data science, analytics, and artificial intelligence (AI).

Singapore will also develop skills frameworks to allow professionals to understand career pathways, skills requirements, and available training programmes.

This follows the Skills Framework for Accountancy launched in October 2017, which identified emerging skillsets such as data analytics, valuation research, and analysis. The skillsets were mapped to six career tracks and 25 job roles.

In addition, institutes will also collaborate with Professional Services firms for SkillsFuture Earn and Learn Programmes (ELPs). ELPs were already launched for Accountancy, Visual Communications, UXDesign and Management, and Branding and Digital Marketing. 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!