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Digital Malaysia continues to feed high demand for tech talent, notes November jobs survey

AvantiKumar | Nov. 30, 2017
Regional counterparts are struggling to catch up when it comes to recruitment, according to Monster’s Sanjay Modi

"Aspiring talent and professionals not only need to excel at what they do, but must also be flexible as the industry continues to switch gears and evolve," he said.

MDEC, as the lead agency in establishing Digital Malaysia, has stepped up efforts on strengthening Malaysia's position as a hub for key digital and industry activities. (See - Malaysia's battle plan for digital disruption: part 1 of an exclusive with MDEC's Datuk Yasmin and Disrupting the disrupters in Malaysia: part 2 of an exclusive with MDEC CEO Datuk Yasmin)

Malaysia highlights

  • Monster Employment Index Malaysia charts eight percent growth between October 2016 and 2017.
  • Year-on-year, IT, Telecom/ISP and BPO/ITES exhibit the steepest growth among sectors; whereas, Retail registers the most-notable decline.
  • Software, Hardware, Telecom professional exhibit highest annual growth in demand among job roles.

 

Malaysia Top Growth Industries

 

 

Year-over-year Growth

Oct

16

Oct

17

% Growth

 Y-O-Y

 

IT, Telecom/ISP and BPO/ITES

70

99

41%

 

Oil and Gas

68

87

28%

 

Logistic, Courier/ Freight/ Transportation, Shipping/ Marine

65

72

11%

 

 

Malaysia Top Growth Occupations

 

 

Year-over-year Growth

Oct

16

Oct

17

% Growth

 Y-O-Y

 

Software, Hardware, Telecom

43

69

60%

 

Sales & Business Development

78

88

13%

 

Purchase/ Logistics/ Supply Chain

68

76

12%

 

Comparing Malaysia's numbers with some neighbouring countries, Modi said Singapore, "the only market reporting a decline, saw a slight 1 percent year-on-year drop in the hiring of these professionals in October. Meanwhile, The Philippines saw a 7 percent rise in demand in the same sector, falling back slightly from the 12 per day year-on-year growth reported in September."

"Hiring the right talent across any industry can be a difficult task, but hiring highly skilled tech candidates has its own set of challenges," he added. "In today's rapidly advancing digital setting, companies that understand their tech talent needs and know how to meet them have a competitive edge."

To see recent job related news in Malaysia, visit:

 

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