Asia Pacific – Stagnant Japanese wages risk making Southeast Asian workers look elsewhere, study finds (Nikkei Asia)

Japan's stagnant wages risk making the country unattractive to Southeast Asian and Chinese workers by the early 2030s, reports Nikkei Asia, citing research by the Japan Centre for Economic Research. The study compares wages earned by factory workers in China, Vietnam, the Philippines, Indonesia and Thailand...

Bangladesh – Foreign jobs likely to hit record 1.1 million this year (The Business Standard)

Foreign job creation for Bangladesh workers reached a new high  this year breaking recent records even though the country saw a decline in remittance inflow amid the global economic slowdown, reports The Business Standard. Around 1.02 million Bangladeshi workers were sent abroad till November this...

Japan – CRG Holdings to acquire Osiete Co Ltd

Japan-based temporary staffing and HR services business CRG Holdings announced that it has acquired the shares of Osiete Co., Ltd.

The price of the transaction is JPY 602 million (USD 4.5 million).

Osiete Co., Ltd. is mainly engaged in the platform business of interpretation and translation services...

Australia – Seek average advertised salaries up 4% in October

Average advertised salaries on job board Seek in Australia were 4.0% higher in October 2022 compared to October 2021. The slight uptick in annual growth is related to the Covid-19 lockdowns of late 2021.

When compared to the previous month, advertised salaries have grown by approximately 0.4%.

On a quarterly...

Singapore – Over half of workers would quit if they could no longer work remotely

For Singaporean employees currently practicing hybrid work, 52% say they would quit their job if there were no longer an option for flexible work, according to research from FlexOS, an HR tech platform.

The research, based on a survey of nearly 400 hybrid workers in Singapore, noted that the figure goes...

Australia – Labour hire firm fined after failure to disclose director’s prior convictions (ABC News)

A labour hire company in Australia and its director have been fined over past convictions for drug trafficking and theft, reports ABC News. Labour hire companies require a licence to operate in the state and directors must be fit and proper. Ung Services Pty Ltd, which supplied horticulture workers in...

Japan – Pasona Group to acquire HR services firm Kanden Joinus Co., Ltd

Japanese staffing firm Pasona Group announced that it has signed an agreement to acquire Kanden Joinus Co., Ltd, an HR services firm based in Japan that also provides temporary staffing services.

Kanden Joinus Co., Ltd is a subsidiary of Kansai Electric Power Co., Inc.

Kansai Electric Power Co., Inc. will...

India – Ciel HR acquires Next Leap Career Solutions, plans IPO for Q2 2023

India-based staffing and HR solution firm Ciel HR Services announced that it has acquired Leap Career Solutions, a talent assessment company also based in India.

Financial details were not disclosed.

Ciel, which has previously announced it would launch an IPO in 2023, has now confirmed it would plan its...

India – Hiring activity recovers to pre-festive levels with 43% annual growth in November

Hiring activity in India recorded year-on-year growth of 43% in November 2022 when compared to November 2021, according to the latest Naukri JobSpeak Index.

The Naukri JobSpeak Index stood at 3,106 and recorded a sequential increase of 27%.

The Index for November focused on comparing the month’s performance...

Singapore – Resident labour force continues to improve in 2022, employment rate rises to 67.5%

Singapore’s resident labour force continued to see improvements in 2022 compared to a year ago, according to the latest Labour Force in Singapore Advance Release 2022.

The labour force data also found that a larger proportion of the resident population was engaged in work. The employment rate for residents...