Hybrid and remote models are now embedded in how organisations operate, collaborate, and grow talent. This is reshaping what effective leadership looks like and how it must be developed.
MOM’s analysis found that about nine in ten overqualified workers, representing 17.7% of the local workforce, choose roles below their qualification levels to align with personal aspirations, work-life balance, or career transitions.
CEO Elhedery says Middle East tensions have triggered only limited capital outflows, though some wealthy investors are exploring alternative financial hubs such as Hong Kong and Singapore.
The report also found that 19% of professionals in Singapore do not expect a pay rise in 2026, compared with 40% across Asia, while only 2% anticipate a salary reduction.
The real risks include rising informality, worsening working conditions, wage suppression, and increasing working poverty, child labour, and forced labour, leaving deeper scars on the world of work, notes ILO chief economist Sangheon Lee.