Top Industries in Sibu
Sibu is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Sibu include:
Timber
The timber industry remains a cornerstone of Sibu's economy, providing numerous employment opportunities.
Range: $30-$70k
Growth rate: 5%
Shipbuilding
Sibu's shipbuilding industry is renowned for its craftsmanship and contributes significantly to local employment.
Range: $40-$80k
Growth rate: 4%
Agriculture
Agriculture, particularly palm oil and pepper, is a vital sector in Sibu, offering diverse job roles.
Range: $25-$60k
Growth rate: 6%
Retail
The retail sector in Sibu is expanding, driven by consumer demand and new shopping complexes.
Range: $20-$50k
Growth rate: 7%
Tourism
Tourism is gaining momentum in Sibu, with cultural and eco-tourism attracting visitors and creating jobs.
Range: $25-$55k
Growth rate: 8%
Employment Trends and Growth Rates
Sibu is witnessing a steady increase in job opportunities, particularly in the timber and agriculture sectors.
The city's employment trends indicate a shift towards more sustainable and technology-driven roles.
Income inequality remains a concern, with efforts underway to address disparities through education and skill development programs.
Job turnover rates are moderate, with many workers seeking stability in established industries.
Job Market for Remote and Freelance Workers in Sibu
Remote work is becoming more prevalent in Sibu, especially in sectors like tech and marketing.
Local companies are increasingly offering remote positions to attract talent from across Malaysia.
The demand for remote jobs is growing, aligning with national trends where 35% of workers are now working remotely.
Job Resources and Networking
Sibu offers a range of job resources, including local job boards and career fairs.
The Sibu Career Fair is an annual event that connects job seekers with potential employers.
Local platforms such as SibuJobs.com provide listings of available positions in the area.
Entrepreneurial hubs and incubators are also available for those interested in starting their own businesses.
Property Prices Rankings
The Property Prices Rankings for Malaysia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025