The number of job opportunities in Malaysia rose in Q2 2021 compared to Q1 with an overall 22% increase, according to research from Michael Page.

Growth in jobs available was seen within sectors such as Financial Services & Fintech (up 43%) and Healthcare & Life Sciences (up 26%).

Nic Chambers, Country Head of Michael Page Malaysia, said, "Multinationals with existing footprint in Malaysia are expanding their operations, either with new functions or skill sets further up the job value chain. There has also been new market entrants and direct foreign investment coming into Malaysia and setting up global business services centers. This is driving the activity in hiring trends."

Job opportunities in technology have seen double digit growth as Malaysia stays committed to its Industry 4.0 agenda. The earmarked areas are within cybersecurity, data analytics, Big Data and cloud technology, Michael Page reported.

"The Covid-19 pandemic saw a record increase in hiring within healthcare companies, and an increased number of new businesses specialising in pharmaceutical and medical devices have entered Malaysia market to meet demands within the region,” Chambers said. “We can expect biotech companies and health sciences organisations to consolidate and push boundaries for innovation.”