Key Points
A funding squeeze and uncertain growth prospects are making Singapore startups less than gung-ho about adding to the citys 18,000-strong fintech workforce..
Rivals like Hong Kong and Abu Dhabi are hungry for qualified professionals..
Cryptocurrency ventures may no longer be as exciting as they were two years ago, but the islands central bank remains very interested in tokenizing financial assets by partnering with the likes of JPMorgan Chase & Co., Citigroup Inc. and T Rowe Price Group Inc..
Which is why under a new points-based system for employment passes that came into effect from Sept. 1, applicants who possess skills in short supply, and firms that contribute to Singapores strategic economic priorities, will earn bonus points toward their total scores...
Large multinationals may offer better job stability, career progression opportunities, monetary and non-monetary rewards and market-aligned benefits, the Singapore FinTech Association and Accenture noted in their joint report...
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