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Friday, September 28, 2007

Singapore Financial Info

Today, the financial services sector accounts for 11.6% of Singapore's Gross Domestic Product, and provides employment for 5% of the population, making it the highest value-added service industry in Singapore. Indeed, data from the Department of Statistics show the financial services industry has the highest average monthly earnings amongst all industry segments in Singapore.

With sustained economic growth, employment in Singapore rose by a record high of 81,500 in the first six months of 2006, about two-thirds more than the 49,500 in the same period of 2005. The growth is across all major sectors, including the financial services sector.

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