16 Jun '11, 11pm

HK losing its lustre? More senior-level professionals eyeing Singapore as preferred work destination.

SINGAPORE: More senior-level professionals in Hong Kong are eyeing Singapore as their preferred work destination, according to global recruitment agency Ambition. During the first five months of the year, it came across about 320 candidates "expressing interest in relocating to Singapore from Hong Kong" - a 58-per-cent increase from about 200 candidates in the same period last year. Most of these candidates have, on average, about five to six years of work experience and are at director level. Adding that these candidates "aren't just seeking a better job", Ambition Singapore managing director Paul Endacott said: "The people we are talking to are citing a growing range of negative issues in Hong Kong, including the lack of places in international schools." He added: "Pollution is constantly on their growing list of concerns but they also have issues with the cost of living...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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