, Singapore

Singapore and Hong Kong’s talent war intensifies: CBRE

Both markets have put up schemes to woo foreign talent.

Amidst the talent crunch across industries, Singapore and Hong Kong are currently having intense competition for skilled workers, CBRE’s report showed.

In Singapore, it registered a 13% year-on-year growth increase in foreign talent in 2022, but it is still below 2019 levels.

In Hong Kong, the count of foreign workers started to pick up in late 2022, increasing total visa applications 20% above 2021 levels but still below 2019.

Both markets also launched attractive programmes to lure top talent. For example, Singapore’s ONE Pass and Hong Kong’s top talent pass scheme, posted 14,240 applications within two months.

As Singapore reports the total count of foreign workers with an employment pass and Hong Kong documents the total number of new visa applications, the two sets of data cannot be compared, said CBRE.

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!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.