Singapore imposes stricter rules for hiring foreign professionals

Singapore is implementing stricter rules for hiring foreign professional workers and raising the salary benchmark from next year.

From 1 January 2025, the Ministry of Manpower will be increasing the EP (Employment Pass) minimum qualifying salary from SGD 5,000 to SGD 5,600 (USD 3,720 to 4,166) per month....

LiveHire records fall in direct-hire revenue in first half

Total revenue fell at LiveHire Ltd. (LVH:ASX) during the six months ended 31 December 2023. The Melbourne, Australia-based reported a drop in direct-sourcing revenue drove the decline in overall revenue.

Direct-sourcing revenue at LiveHire Ltd. fell 52% to AUD 400,000 (USD 272,220) in the first half of...

Outsourcing CEO to retire as firm undergoes buyout

Outsourcing Inc. (2427:TYO), the world’s 10^th-largest staffing firm, reported on 28 February that its CEO, Haruhiko Doi, will retire effective March 29. Doi also serves as representative executive officer and chairman, and will also be stepping down from those roles as well. Doi’s new position will...

Executive resigns after theft of data by temp

The president of Japan’s Nippon Telegraph and Telephone West will step down at the end of March after the theft of data by a temporary worker dispatched to the company, The Japan Times reported. The data was leaked to a third party and the company has been given administrative guidance by the communications...

Cognizant wants workers in India in office 3 days per week

IT services giant Cognizant Technology Solutions Corp. has asked employees in India to come to the office at least three times a week, Reuters reported. It cited better collaboration and awareness of company culture. Approximately 254,000 of the company’s 347,700 employees are based in India. The company...

Info Edge says all dues paid after Google app removal news

Info Edge founder Sanjeev Bikhchandani said there are no pending invoices with Google following reports that Google may remove the apps of 10 companies in India, including Info Edge, for not paying a service fee for the use of its app store platform in India.

According to Reuters, Google began removing...

Japan’s temporary agency workers up 3.4% in January

The number of Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 21.46 million in January 2024, up 0.6% when compared to the same period a year ago, according to data from Statistics Japan.

Further data showed that the...

Philippines’ unemployment rate lowers to 3.1% in December

The unemployment rate in the Philippines was estimated to be 3.1% in December 2023, according to preliminary data from the Philippine Statistics Authority. This was 1.2% lower than December 2022 and 0.5% lower than November 2023.

In terms of magnitude, the number of unemployed individuals in December...

Personnel appointments: OECD, Technopro

The Organisation for Economic Co-operation and Development has appointed Alvaro Santos Pereira as the next Chief Economist with effect from 1 June 2024.

Pereira is an economist who served as Portugal’s Minister for Economy and Employment from 2011-2013, with responsibility for the areas of industry,...

Ramssol Group Q4 revenue climbs 28%, profits up

Ramssol Group, a Malaysia-based HR solutions provider, reported revenue of MYR 7.85 million (USD 1.65 million) for the fourth quarter ended 31 December 2023, an increase of 28.6%.