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Singapore Infocomm Firms Upbeat About Growth

Survey shows many are still hiring and six in ten expect to do well this year.

Singapore (PRWEB) February 19, 2009 -- Six in 10 Singapore infocomm companies say they can still grow this year despite the economic downturn and a significant number will continue hiring, according to a new survey by the Singapore Infocomm Technology Federation (SiTF), which was released in January this year.

Contact Singapore Logo
Contact Singapore Logo

Thirty-three multinational companies (MNCs) and 49 Singapore firms were polled by the SiTF last month, with the aim of gathering feedback on how the sector is doing. The SiTF represents 400 infocomm companies with operations here, including Hewlett-Packard and Microsoft.

Of the two groups of companies, the MNCs were generally more bullish about growth prospects than local firms. Despite this, more local companies - nearly half - say they will continue hiring this year, compared to one-third of MNCs. Most of the jobs available are in information technology, engineering and sales and marketing.

For opportunities in Singapore's infocomms industry, log on to the Contact Singapore job portal at Contactsingapore.sg/jobs where talent can search for jobs in Singapore and post their resumes online. This job portal is managed by Contact Singapore, in collaboration with economic promotion agencies and key employers in Singapore.

About Contact Singapore

Contact Singapore is an alliance of the Singapore Economic Development Board and Ministry of Manpower. It aims to attract global talent to work, invest and live in Singapore.

With offices in Asia Pacific, Europe and North America, Contact Singapore is the one-stop center for those who wish to pursue a rewarding career in Singapore, as well as business leaders and entrepreneurs who are keen to invest in or initiate new business activities here. Contact Singapore actively links Singapore-based employers with global talent and provides updates on career opportunities and industry developments in Singapore. We work with private sector partners to facilitate the interests of potential individual investors in Singapore.

For more information on working, investing and living in Singapore, please visit http://www.contactsingapore.sg.

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