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Malaysia – After sale of job boards, JobStreet reports revenue growth from continuing operations

25 February 2015

Malaysian job board JobStreet (JOBST: KLS) yesterday reported revenue from continuing operations of MYR 15.5 million (USD 4.3 million) during Q4 2014, an increase of 1,249.3% compared with MYR 1.1 million (USD 302,324) during the same period last year.Jobstreet had been involved in a lengthy acqu...


Australia – Positive signs in the jobs market

25 February 2015

Even before the Reserve Bank of Australia (RBA) cut interest rates in February, there were signs that the jobs market was picking up, reports news.com.au. Vacancies across Australia rose by 3%, month-on-month, in seasonally adjusted terms in January 2015, an increase of 6% compared with the...


Japan – Labour law needs sharper teeth to protect young workers

25 February 2015

Japan’s Labour, Health and Welfare Ministry is preparing a bill to increase the protection of young people employed by so-called “black companies” who mistreat workers by implementing abusive labour practices, reports the Japan Times.The exploitation of workers, especially young ones, by employer...


New Zealand – AWF Group releases earnings forecast, announces Rights Issue, and announces departure of CEO

24 February 2015

New Zealand-based temporary staffing provider Allied Workforce Group (AWF: NZSX) expects to report revenue of between NZD 196 million (USD 147.3 million) and NZD 198 million (USD 148.8 million) for the year ending 31 March 2015.Net profit after tax is expected to exceed NZD 5 million (USD 3.8 mil...


India – Japanese recruiter Pasona to establish local executive search team

24 February 2015

Japanese recruitment firm Pasona has announced that the company will set up an executive search team in India that will specialise in placing local CEOs and board members to Japanese companies operating in the country.The formation of the new team follows an amendment to India’s corporate law, wh...


Australia – Technology employment market to strengthen in 2015

24 February 2015

A stronger technology employment market has been predicted for 2015, a year that industry experts have dubbed the “year of customer experience”, reports the Australian.David Hackshall, CIO of Wesfarmers Insurance, commented: “From a technology perspective, I really do think that the customer is k...


Korea – Pessimistic recruitment outlook for 2015

24 February 2015

South Korea’s job market is likely to remain subdued this year, as the number of firms reporting that they have sufficient levels of staff hits a five-year high, reports The Korea Herald.An employment business survey index (BSI) by the Bank of Korea, which gauges whether or not the companies feel...


Australia – Private employment agencies accused of abusing government welfare to work programme

23 February 2015

Australia’s Federal Government has recouped more than AUD 41 million (USD 32.1 million) in false claims by private employment agencies in the past three years, reports abc.net.au.The employment agencies were contracted by the government under a privatised welfare-to-work programme called Job Serv...


Singapore – Big rise in jobseekers and job adverts registered with national job bank

23 February 2015

Following the trial launch of Singapore’s National Jobs Bank last May, there has been a spike in the number of registered jobseekers and employers, reports hrinasia.com.The National Jobs Bank was set up as part of the Fair Consideration Framework, which requires employers with 25 or more workers...


Vietnam – Production, IT, and manufacturing to boost employment, says Adecco

23 February 2015

Recruitment demand will rise sharply in Vietnam’s Manufacturing, Marketing, IT, and Real Estate sectors during 2015, according to recruitment firm Adecco, reports vietnamnet.vn.Companies in Construction, Accounting & Finance, Healthcare, Insurance, and Energy are expected to increase employme...