Singapore unveiled a new long-term work visa in late 2022. Singapore's ONE Pass is targeted towards attracting specific senior-level talent - those with regular monthly salaries of at least S$30,000 ($US21,128). The extended 5-year duration of the ONE Pass will also be an excellent way for individuals and businesses to consider Singapore as a long-term option.
While tech continues to dominate the headlines in Singapore and globally, there are a few sectors in Singapore that have been experiencing massive growth.
Much of this growth transformation has come over the last three years and has resulted in huge demand for senior-level talent (C-level, vice presidents, general managers) across multiple job functions.
For companies in these sectors, the ONE Pass is a timely intervention to attract best-in-class senior talent to the local market.
Green is the colour of the season
The renewable energy sector has seen the most movement in the last two years with increasing dialogue around climate and energy transition globally. The downturn in the tech world has also meant growing interest from investors in this segment.
Several renewable energy platforms and independent power producers investing in wind and solar projects are ramping up their presence in the region.
Such platforms use Singapore as the control centre where the senior management is based, managing project launches across several ASEAN countries and Australia & New Zealand.
This story is from the Issue 102 edition of Singapore Business Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Issue 102 edition of Singapore Business Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How TikTok powers cross-border shopping for Singapore retailers
The yellow basket feature allows viewers to purchase items directly during livestreams.
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
SIDS fights misconceptions in interior design with accreditation, education
The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.
IHH's proton therapy takes aim at tumours with precision and low risk
Leaving surrounding organs at risk during cancer treatment might become a thing of the past.
SingPost pivots from mail to logistics as e-commerce demand drives growth
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
Singapore needs SEA neighbours to power renewable energy transition
Experts favour Malaysia and Indonesia as renewable energy import sources.
Singapore's architecture blueprint spurs push to tackle brain drain in other sectors
Paying the country's architects just right will hopefully stop the brain drain.
Millionaires eye a piece of Singapore's rich colonial era
The country's remaining 6,500 shophouses are in high demand amongst the ultra-rich.
HDB resale portal unlikely to cut out property agents
The portal enables sellers to list their units themselves.
Factory and retail spaces shine as housing heads for worst market slump in 16 years
Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.
