Because they can outsource very cheap from India .Why pay 5 figure when you can get 4 figure.

Singkie actually looking for analyst and not dev in their IT sector. Basically all high level post jer. Else minimum also fullstack capable... deswai their offering pay is so high, not for your average dev. Average dev tasks still outsourced to indea then bring back and do code review.

Im working as an IT professional here for quite some time already so yeah... altho i progress from DBA to DA to devops to BA and now doing SA.
my company also seeking for those devops and proper software engineer headcounts to fill lolol. As for fullstack.....

Frankly fullstack is over used hype word for a dev.... so far i rarely come across a proper fullstack but many think they are one especially those who use open sourced web frameworks. But when thrown them into a task on setting up a framework and database from scratch especially with a blank unix server then you can see their limitations.

SG already have every public cloud datacenter you can think of
One thing that hinder those big guys from operating in Malaysia is the lack of power redundancy hence can't build Tier 4 datacenter here
so far only CCP cloud like Alicloud and Huawei cloud have datacenter presence here
but i heard Alicloud datacenter in Malaysia is just a co-loc instead of wholy owned by Alibaba

as the saying goes, janji oren kito

give them all the power to do everything yet still not doing things good, then inciting hasad dengki towards other races

i am not racist against general Malays, i am discriminating to those Malay politicians
come to think of it dinasour companies like HP DXC IBM they are considered sunset in their own league, many old timers had their sweet time in their OnPrem VDI private cloud waterfall whatevernot, most of them are illiterate in cloud, IAC, DevOps, Agile, reskilling them would be a nightmare. But many of these are approaching 50, treat it as early retirement loh, do grab, foodpanda, home kitchen etc
well those Sinkies just treat the offshore Malaysian devs as their bitches seriously
basically full stack in other more modern and catchy term for that is "solution architect" but companies won't use it coz the word architect automatically means "more expensive"