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Singapore – Proposed JobStreet merger finally given approval

17 November 2014

Following several delays, the Competition Commission of Singapore (CCS) has approved the proposed acquisition of JobStreet Singapore by Australian job board SEEK, reports The Straits Times

In May 2014, JobStreet’s shareholders gave their approval to sell the company’s entire online employment...

Malaysia – Companies looking to hire but suitable candidates are thin on the ground

17 November 2014

Four-out-of-ten (41%) employers plan to hire additional staff in the next few months, up from 30% during the same period last year, according to the Q4 2014 Job Outlook Survey from job board JobStreet, reports freemalaysiatoday.com

A quarter (24%) of employers are content to maintain their current...

Japan – Record year for Vietnamese guest workers

17 November 2014

In the 10 months to November 2014, Vietnam sent almost 16,300 workers to Japan, breaking the previous record of 15,000 during the 1990s, underscoring the country’s dearth of workers, reports vietnamnet.vn

Experts say 2014 has been a golden year for Vietnam to export workers to Japan, which can...

Australia – Sick leave costing employers billions but most workers still expect pay rise in 2015

17 November 2014

Absence levels have increased to their highest level since 2010, with the cost to employers now exceeding AUD 33 billion (USD 28.9 billion) each year, according to the 2014 Absence Management & Wellbeing Survey, reports mozo.com.au

The survey by Direct Health Solutions analysed the levels of...

Japan – Recruit Holdings revenue up by over 10%

14 November 2014

Recruit Holdings (6098: JP), the largest staffing firm in Japan, reported revenue of JPY 617.3 billion (USD 5.3 billion) for the six months ending 30 September 2014, an increase of +10.4% over the same period in 2013.

The company achieved gross profit for the period of JPY 304 billion (USD 2.6 billion),...

Japan – Human Holdings reports revenue growth but operating income squeezed

14 November 2014

Japanese staffing firm Human Holdings (2415: JP) reported revenue of JPY 30.6 billion (USD 264.6 million) for the six months ending 30 September 2014, an increase of +11.2% compared with JPY 27.5 billion (USD 237.8 million) last year.

Operating income for the period increased by +125.1% to JPY 1.1 billion...

Indonesia – Is there a job crisis looming?

14 November 2014

Indonesian President Joko “Jokowi” Widodo and Vice President Jusuf Kalla start their presidency facing herculean tasks, most notably employment, with some experts warning that the country is on the brink of a jobs crisis, reports establishmentpost.com

According to Chris Kanter, the Deputy...

Australia – Sourcing IT skills remains challenging

14 November 2014

The majority (88%) of Australian businesses are finding it tough to source skilled IT professionals, with software development positions the hardest to fill, according to new research from recruitment firm Robert Half, reports afr.com

As more businesses shift towards cloud-based infrastructure...

China – Zhaopin plans for acquisitions following solid Q1

13 November 2014

Chinese job board Zhaopin (ZPIN: NYSE) yesterday reported revenue of RMB 293.5 million (USD 47.7 million) for the first quarter ending 30 September 2014, an increase of +22.6% compared with RMB 239.3 million (USD 38.9 million) during the same period last year.

Gross profit for the period increased by...

Macau – Government clamps down on recruitment agencies

13 November 2014

The government of Macau is tightening up on local recruitment agencies and implementing regulation in a market that has, for years, lacked professional guidance and skated on thin legal ice, according to The Macau Business Daily

According to the proposals, every employment agency will now have...