Thailand – Employment agency Siamrajathanee plans to acquire ADI Group

Siamrajathanee, an employment agency based in Thailand, announced that it has entered into a preliminary memorandum of understanding for the acquisition of ADI Group, an IT outsourcing firm based in Thailand.

ADI group operates within information technology staff outsourcing, information technology consulting...

World – Hiring intent on the rise worldwide for December quarter: TeamLease

Global hiring intent has risen across geographies for the third quarter ending in December 2021, according to the latest Employment Outlook by Indian staffing firm TeamLease.

The Outlook showed that hiring intent for the third quarter, when compared to the second quarter, saw a gain of 4% in the Americas,...

Japan – Temporary agency workers up 6.7% in October, jobless rate improves

Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 20.71 million for the month of October 2021, down 1.9% over the year according to data from Statistics Japan.

The number of ‘dispatched workers from temporary labour...

China – Tongdao Liepin Group third quarter revenue soars 50.2% as profits increase

Tongdao Liepin Group, previously known as Wise Talent Technology Services Co (6100:HKG), the operator of Chinese online recruitment platform Liepin.com, reported revenue Friday of RMB 681.7 million (USD 107.6 million) for the three months ended 30 September 2021, an increase of 50.2% when compared to...

Japan – Pandemic continues to weigh in on Tsunagu Holdings full year results

Tsunagu Holdings (6551:JP), a Japan-based company offering recruitment related services, reported revenue for the full year ended 30 September 2021 of JPY 11.02 billion (USD 97.2 million), a fall of 8.9% when compared to the same period last year.

Australia – HiTech Group reports optimistic FY 2022 outlook

Australian recruitment and consulting company HiTech Group Australia (HIT: ASX) held its Annual General Meeting, publishing its outlook for FY 2022.

Earlier this year, the group published its results for the financial year ended 30 June 2021. Revenue stood at AUD 42.1 million (USD 30.1 million), an increase...

Asia Pacific – UpGrad acquires Global Study Partners

India-based online higher education company UpGrad, which owns staffing firm Rekrut, announced that  it will acquire Global Study Partners, Australia's largest study abroad company, for AUD 16 million (USD 11.4 million) and commit a further AUD 10 million (USD 7.1 million) for future growth.

Founded...

Australia – Visa changes could help thousands of foreign workers stay longer (Australian Financial Review)

In a bid to address ongoing worker shortages, the Australian government has announced that about 20,000 skilled visa holders who stayed in Australia during the pandemic will be eligible for permanent residency, reports the Australia Financial Review. The main winners from the temporary concession, which...

Singapore – Online recruitment rises 25% in October: Monster Employment Index

Online recruitment in Singapore grew by 25% in October 2021 compared to October 2020, according to data from the Monster Employment Index.

The Monster Employment Index stood at 141 in October 2021 compared to 113 in October 2020.

Month-on-month, the Index saw an increase of 2% in hiring activity.

Monster...

World – Number of CEO appointments reaches record highs, the share of women CEOS rises

Companies worldwide in the first half of 2021 appointed a record number of CEOs, making up for a significant slowdown in the second half of 2020, according to a report from executive search firm Heidrick & Struggles.

The global report, Route to the Top, found that the first half of 2021...