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Global tech giants' moves in Singapore a boon to talent ecosystem

Zoom, iQiyi among latest names drawn to Republic as regional springboard because of its tech efforts, governance, neutral geopolitical stance

Sharanya Pillai
Published Wed, Dec 16, 2020 · 09:50 PM

Singapore

SINGAPORE'S continued ability to attract foreign tech giants to set up here - even amid the pandemic - bodes well for the local tech ecosystem, industry observers told The Business Times.

However, development of the local tech talent ecosystem will need to keep pace with the entry of these players to maximise benefits, they said. This goes beyond just engineering, to developing skilled talent in fields such as public policy and legal functions.

Several US and China tech giants have unveiled expansion plans in Singapore (see table). The latest being US-based Zoom Video Communications, which announced on Wednesday it is opening a new research and development centre in the Republic, where it will hire "h…

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