Content Writer: Janice Chew • Monday, 26/02/2026 - 11:23:26 - AM
Singapore is set to create around 15,700 new jobs over the next five years, with nearly two-thirds expected to pay monthly salaries above S$5,000, underscoring the city-state’s continued success in attracting high-quality investments despite global economic uncertainty. The projection was highlighted in recent updates by the Economic Development Board (EDB) and reported across multiple regional and international media outlets.
According to EDB disclosures and industry analysis, the jobs will stem largely from committed investments in advanced manufacturing, digital services, sustainability-related industries, and regional headquarters functions. These roles are expected to span sectors such as semiconductors, biomedical sciences, artificial intelligence, and enterprise technology — areas where Singapore continues to position itself as a regional and global hub.
Government-linked analysts note that the quality of jobs remains a central policy focus. While headline job creation numbers matter, wage levels and skills depth are increasingly prioritised to ensure long-term competitiveness and inclusive growth. The fact that a significant majority of the projected roles will exceed the S$5,000 salary threshold reflects Singapore’s push toward higher value-added activities rather than labour-intensive expansion.
From a regional business perspective, Singapore’s ability to sustain investment momentum contrasts with softer conditions elsewhere in Asia. Multinational companies continue to view the city-state as a stable base for Asia-Pacific operations, supported by regulatory clarity, strong infrastructure, and a deep talent ecosystem. This resilience has been reinforced by Singapore’s proactive stance on workforce upskilling and industry transformation.
Looking ahead, policymakers caution that execution will be key. Talent development, foreign workforce calibration, and cost competitiveness will remain under close scrutiny as the global investment environment evolves. Nevertheless, the latest projections suggest Singapore is well-positioned to deliver not just more jobs — but better-paying, future-ready roles that support sustainable economic growth.