Japan – Like Co H1 revenue up 3.9% as profits surge

Japanese staffing firm Like Co Ltd (2462: JP) reported revenue today for the first six months ended 30 November 2021 of JPY 27.15 billion (USD 235.3 million), up 3.9% when compared to the previous year. Gross profit, however, trended downwards (-2.9%).

Japan – Career Bank H1 revenue rises 32.6% as it turns a profit

Japanese staffing firm Career Bank (4834: JP) reported revenue today for the first six months ended 30 November 2021 of JPY 3.50 billion (USD 30.3 million), an increase of 32.6% compared to last year. Operating profit improved from a loss in H1 2020 to a profit of JPY 101 million (USD 870,000) in H1...

Taiwan – Jobless rate falls slightly to 3.66% in November

Taiwan’s unemployment rate declined by 0.09% in November 2021 to 3.66% when compared to the same period last year, according to the latest manpower survey results from Directorate General Budget, Accounting and Statistics.

When compared to the previous month, the unemployment rate declined by 0.17%....

Japan – Employers to offer jobs to 50,000 skilled professionals under new government initiative (Nikkei Asia)

Japanese employers will offer job opportunities to 50,000 ‘highly-skilled’ Asian professionals in digital technology and other in-demand fields under a government initiative announced yesterday, reports Nikkei Asia. The ‘Asia-Japan Investing for the Future Initiative’ is designed to help Japanese...

Australia – Hiremii undertakes capital raising, appoints CFO

Hiremii, an Australia-based staffing platform for temporary and permanent hiring, announced it has received firm commitments from institutional, professional and sophisticated investors to raise AUD 800,000 (USD 575,316) before costs.

Funds raised under the Placement will be utilised for the expansion...

India – Hiring activity steady in December: Naukri JobSpeak Index

Hiring activity in India was flat in December 2021 when compared to December 2020, according to the latest Naukri JobSpeak Index.

Across sectors, hiring remained buoyant amid the spread of the Covid-19 Omicron variant.

The software & information technology (IT) sector continued to grow, up 8% year-on-year,...

Singapore – Jobless rate improves slightly in November as labour market recovers (Channel News Asia)

Unemployment rates in Singapore continued to decline in November 2021 reports Channel News Asia citing data from the Ministry of Manpower. Overall unemployment dipped from 2.6% to 2.5%. According to the data, resident unemployment fell to 3.2% in November 2021, from 3.4% the month before. Unemployment...

Japan – Prime minister urges business lobbies, unionists to reverse downtrend in wages (Reuters)

Japanese Prime Minister Fumio Kishida last week called on business lobbies and unions to work together to "boldly reverse" a downtrend in workers' wages as the government seeks to achieve what it has called an era of "new capitalism”, reports Reuters. Japanese firms, long worried about...

World – Monster.com raises $18.5 million in latest funding round

Monster.com, a Quess Corp company, announced that it has raised INR 1.37 billion (USD 18.5 million) in the latest funding round.

The round was led by Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments, with participation from Quess.

The funds raised will be used towards...

Singapore – Majority of SMEs say they require greater support in workforce upskilling

As upskilling tops the business agenda for companies in Singapore, the majority, or 68%, of Small and Medium Enterprises employers say that they require more support in the form of training resources, according to findings from NTUC (National Trades Union Congress) LearningHub’s recent Workforce Learning...