Southeast Asia digital economy to create 1.7 million jobs by 2025
- HRM Asia Newsroom
- Topics: Asia-Pacific, Home Page - News, News, Recruitment, Singapore
According to a report commissioned by Google and Temasek, Southeast Asia’s Internet economy is projected to create 1.7 million full-time jobs by 2025.
An estimated 200,000 highly-skilled jobs will also reportedly be created by 2025, as companies continue their expansion.
The amount of jobs generated by 2025 will be three times more than the amount generated by the Internet economy this year.
By 2050, Southeast Asia’s Internet economy is expected to exceed US$240 billion (SG$330 billion), according to the research.
The growth is on the back of the rising number of Internet users in the region. As of June 2018, there are more than 350 million Internet users across Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
According to the report, the 1.7 million jobs created will mostly be due to the projected growth in e-commerce logistics, ride-hailing and food delivery services.
