Hong Kong – The Flexi Group to go public after merger with TG Venture Acquisition Corp

The Flexi Group Holdings Ltd., a flexible workspace operator based in Hong Kong, and TG Venture Acquisition Corp., a special purpose acquisition company sponsored by Hong Kong-based Tsangs Group, announced that they have entered into a definitive business combination agreement that will result in The...

Asia Pacific – MyNavi invests in AbleJobs

Japan-based MyNavi, a company that provides worker dispatch services and HR services, announced that it has invested in AbleJobs, an India-based platform that helps companies recruit entry-level non-tech deployable talent.

AbleJobs was founded in 2019. It aims to help graduates get jobs in areas of sales,...

Philippines – Unemployment rate falls to 4.5% in October, employment rate picks up to 95.5%

The unemployment rate in the Philippines stood at 4.5% in October 2022, down from 7.4% in October 2021, according to data from the Philippine Statistics Authority.

The 4.5% rate is a return to pre-pandemic levels and translates to 2.24 million unemployed Filipinos in October 2022. This is a decline of...

Singapore – Recruitment platform Glints lays off 18% of staff (The Business Times)

Glints, a talent platform based in Singapore, has laid off 18% of its team, reports The Business Times, citing sources. The company had over 1,000 employees. Glints’ management cited a slowdown in its business growth in the short term, after market uncertainty and reduced consumer spending affected...

Australia – Secure Jobs, Better Pay Bill passes Senate

Last week Australia’s Senate passed the government’s Fair Work Amendment Legislation (Secure Jobs, Better Pay) Bill 2022. The bill is set to be given Royal Assent and made into law.

The legislation contains considerable changes to Australia’s industrial relations system.

One of the changes will see...

New Zealand – Online job ads climb 9.5% over the year in September, quarterly growth up 4.4%

Online job advertising in New Zealand grew by 9.5% in September 2022 when compared to September 2021, according to the latest research from the Ministry of Business, Innovation and Employment in New Zealand.

For the three month period ended in September 2022, quarterly growth stood at 4.4%.

In the September...

Taiwan – Unemployment rate improves slightly to 3.64% in October

Taiwan’s seasonally adjusted unemployment rate fell to 3.64% in October 2022, down 0.19% when compared to the same period last year, according to data from the Directorate General of Budget Accounting and Statistics.

When compared to the previous month, the unemployment rate declined by 0.02%.

On a seasonally...

Australia – Former café operators fined after deliberately falsifying wage records

Australia’s Fair Work Ombudsman has secured AUD 192,995 (USD 129,735) in penalties in court against the former operators of a café in the Perth Central Business District after they deliberately falsified wage records.

The Federal Circuit and Family Court has imposed an AUD 168,415 (USD 113,211) penalty...

New Zealand – Changes to partner work visas deferred to April 2023

Changes to partner work visas in New Zealand that were set to come into effect in December 2022 have been deferred to April 2023, the country’s Immigration Minister Michael Wood announced today.

Wood said, "Our Government wants to provide greater certainty for migrant partners of their ability...

South Korea – Majority of companies expect ‘serious’ economic conditions to continue next year

Half of South Korean companies predict that they will continue to be 'very serious' about the economic situation next year, according to a survey from Saramin HR.

The survey also found that 46% of respondent companies said that they were 'somewhat serious', and 96% said that next year's economic situation...