Loh says these priorities come amid a “challenging” economic environment, and that we have to expect that new job creation in the financial sector will be “slow”. She adds that retrenchments are also “likely to pick up”.
The Monetary Authority of Singapore (MAS)’s deputy managing director Jacqueline Loh says the central bank has three priorities to support the local workforce in the country’s financial sector.
Highlighting the priorities in her keynote speech at the SGUnited Financial Sector Jobs & Skills Fair earlier today (Aug 12), the priorities are, “protecting livelihoods”, “creating opportunities”, and “strengthening the Singapore Core”.

