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China – ChinaHR changes hands for the third time in seven years

14 May 2015

Chinese online classifieds website 58.com (WUBA: NYSE), which includes a substantial job board, has acquired job board ChinaHR, reports en.yibaba.com.ChinaHR was acquired by global job board Monster.com in 2008 for an estimated USD 240 million. In 2013, Monster sold the company to Ireland-based S...


Australia – After recovering in 2014, Transport, Logistics and Supply Chain sector softening

14 May 2015

The number of jobs advertised across Australia’s Transport, Logistics, and Supply Chain (TLSC) increased by 12.8% in April 2015, compared with the same month last year, according to the Labourforce Impex TLSC Index from recruitment firm Labourforce.However, the industry reported a substantial dec...


Malaysia – Staffing agencies seek clarification on working visa fees

14 May 2015

The Malaysia National Association of Employment Agencies (Pikap) has expressed disappointment about the new Immigration Security Clearance (ISC) rule recently imposed by Malaysia’s Home Ministry, reports therakyatpost.com.A circular, released by the Ministry on 4 May 2015, it was announced that w...


Japan – Strong overseas growth boosts Recruit Holdings’ revenue and profit growth

13 May 2015

Japanese staffing giant Recruit Holdings (6098: JP) reported revenue for the year ending 31 March 2015 of JPY 1.3 trillion (USD 10.8 billion), an increase of 9.1% compared with JPY 1.2 trillion (USD 9.9 billion) the previous year.    2014 2013 Change Revenue JPY 1,2...


Japan – Tempstaff makes bid to acquire P&P Holdings after disappointing results

13 May 2015

P&P Holdings (6068: JP), a Japanese temporary recruitment and outsourcing company, yesterday reported revenue for the full year ending 31 March 2015 of JPY 25.5 billion (USD 212.1 million), a decrease of 2.6% compared with JPY 26.2 billion (USD 217.9 million) a year ago.    201...


Japan – Revenues flat but profit up for Crie Anabuki

13 May 2015

Japanese HR services provider Crie Anabuki (4336: JP) reported revenue for the year ending 31 March 2015 of JPY 6.1 billion (USD 51.2 million), a decrease of 3.1% compared with JPY 6.3 billion (USD 52.8 million) the previous year.    2014 2013 Change Revenue JPY 6,1...


Australia – Contractors getting longer contracts and more money

13 May 2015

There is renewed optimism for Australia-based contractors, according to the latest Morgan McKinley’s 2014/2015 Contract Job Trend Data. The survey revealed that the majority of contractors are securing long-term contracts in specialist areas and have been earning more than AUD 100,000 (USD 79,451...


Japan – Temp Holdings reports revenue growth across all business segments

12 May 2015

Temp Holdings (2181: JP), the second largest staffing firm in Japan, reported revenue for the year ending 31 March 2015 of JPY 401.1 billion (USD 3.3 billion), an increase of 10.6% compared with JPY 362.5 billion (USD 3 billion) during the previous year.    2014 2013 Change...


World – Hampered by weak Europe, Hudson sells businesses and ceases non-profitable operations

12 May 2015

Global talent solutions company Hudson Global (HSON: NSDQ) yesterday reported revenue for first quarter ending 31 March 2015 of USD 124.3 million, a decrease of 3.3% in constant currency (CC) compared with USD 144.2 million during the same period last year.    Q1 2015 Q1 2014...


China – 51jobs results impacted by late Chinese New Year

12 May 2015

Chinese job board and HR provider 51job Inc. (JOBS: NSDQ) yesterday reported total revenue for the first quarter ending 31 March 2015 of RMB 458.1 million (USD 74.9 million), an increase of +4.8% compared with RMB 437.2 million (USD 71.5 million) in Q1 2014.   Q1 2015 Q1 2014 Ch...