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Singapore – Services industry spurs economic growth

24 May 2013

Singapore’s economy grew unexpectedly in the first quarter of the year as services and construction strengthened, the Trade Ministry said in a statement. Gross domestic product increased an annualised +1.8% in the last quarter from the prior quarter, when it grew +3.3%.The pull-back in the quarte...


Middle East – Indian Recruiter Archelons plans significant Qatar investment

24 May 2013

Indian staffing firm Archelons is planning to invest USD 1 million in Qatar over the next five years, Gulf Times reports. The investment will be made into various talent management solutions.“Our dedication to serve Qatar is very strong. We plan to invest USD 1 million in Qatar over the next five...


South Africa – Adcorp reports healthy growth figures

23 May 2013

South Africa’s largest staffing firm, Adcorp (ADR:JNB), reported revenue of USD 900.3 million (ZAR 8.6 billion) for the year ended February 2013, a +34% jump from a year ago. Gross profit in the year rose +26% to USD 163.3 (ZAR 1.56 billion) while operating profit improved by +40% to USD 29.9 mil...


Japan – Economy starts picking up

23 May 2013

Japan's central bank says the world's third-largest economy is starting to pick up due to demand recovering abroad and remaining resilient at home. But it warned of a high level of uncertainty due to the Eurozone debt crisis and the rate of growth in the US and emerging economies.“With regard to...


Australia – ICT recruitment cautious but defensive

23 May 2013

Australia has seen a downturn in the overall employment of ICT professionals in recent months, but despite the wind-backs ICT hiring managers and larger ICT recruiters are showing continuing confidence. This is coupled with positive intention to hire by employers, according to ITCRA, the associat...


Malaysia – Online recruiter JobStreet posts revenue growth

23 May 2013

Job board, JobStreet Corporation Bhd. (JOBST:KLS), reported its first-quarter results which showed that revenue in the first three months of the year rose to USD 14.28 million (MYR 43.176 million), an increase of +14% from a year ago.Pre-tax profit amounted to USD 7.16 million (MYR 21.664 million...


Asia – Fircroft appoints new head amid expansion plans

23 May 2013

UK recruiter Fircroft has appointed Singaporean recruitment pioneer Dhirendra Shantilal to head up its Asia Pacific division as the firm seeks to expand and grow in the region. Mr Shantilal will be both board director and head of the Asia Pacific region.The technical and engineering staffing firm...


Middle East – Employment opportunities decline

22 May 2013

Employment opportunities in the Middle East declined by -26% in April with occupations in the software, hardware and telecom occupations registering the steepest annual declines, according to the Monster employment index. Healthcare bucked the trend and posted the strongest annual growth.The inde...


Saudi Arabia – Government accredits “mega” recruitment companies

22 May 2013

Filipino labour and employment secretary Rosalinda Dimapilis-Baldoz yesterday said that the Kingdom of Saudi Arabia has accredited at least 10 “mega” recruitment companies to recruit and deploy foreign workers to private and public sector companies, as well as individual employers, in accordance...


Japan – SMEs struggle with succession planning, says Hays

22 May 2013

Succession planning is something that all businesses should be thinking about, according to Hays Japan, which warned that the SME sector is failing to prepare for the future as other priorities jostle to the front.The recruiter said that lining up the next generation of leaders to run an organisa...