(Source: Contact Singapore - http://www.contactsingapore.sg/industries/biomedical_sciences/)
Singapore ’s biomedical sciences industry contributes 4.1% of the nation’s GDP, manufacture about S$20 billion worth of medicines and medical devices, and employs more than 16,000 individuals.

Singapore ’s goal is to be a biomedical sciences hub in Asia, with SGD 25 billion in manufacturing output by 2015.
Singapore has invested heavily in infrastructure [...]

(Source: AsiaOne Business - http://www.asiaone.com/Business/News/Story/A1Story20120229-330734.html)
By Reico Wong | mypaper – Wed, 29 February 2012
Individuals with niche skills and who are looking for engineering, information-technology (IT) and sales and marketing jobs in the commerce sector this year are likely to see strong job prospects and high salary increases, even as the general job-market outlook here remains cautiously [...]

(Source: Yahoo! News - http://sg.news.yahoo.com/singaporeans-worried-about-job-prospects.html)
By Clarence Chen & Chua Yini | Yahoo! Newsroom – Wed, 8 February 2012
Despite residing in a first world country, many Singaporeans are worried about the declining economy, especially with regard to their job prospects.
Employers in Singapore seem to be taking it slow when it comes to hiring new workers, as shown [...]