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India – Government holds talks with Wistron, Randstad, Adecco and other staffing firms to restart operations (Economic Times)

3 February 2021

India’s Karnataka government yesterday held talks with top executives of Wistron and six staffing firms to get Apple's contract manufacturer to restart operations at its plant near Kolar, reports the Economic Times. The facility has suspended manufacturing activities at its unit after it witnessed...


Japan – TechnoPro Holdings reports slight uptick in Q2 revenue

2 February 2021

TechnoPro Holdings, Inc, (6028:TYO) a Japan-based technology-focused staffing and services company, reported revenue today of JPY 40.2 billion (USD 383.6 million) for the second quarter ended 31 December 2020, an increase of 0.3% when compared to the previous year.

(JPY millions) Q2 2021 Q2...


India – Budget 2021: New measures aim to provide social security benefits for gig economy workers

2 February 2021

Finance Minister Nirmala Sitharaman India’s presented India’s Union Budget 2021 yesterday in which a number of measures were proposed to support the economy amid the Covid-19 pandemic and boost spending.

Among the key proposals within the Budget included a measure to extend social security benefits...


Asia Pacific – Ceridian enters deal to acquire Ascender

2 February 2021

Ceridian, a US-based human capital management technology company, yesterday announced it has entered into a definitive share sale agreement to acquire Ascender, a leading payroll and HR solutions provider in Asia Pacific.

The transaction is expected to close in the second quarter of 2021.

Ceridian stated...


Singapore – Advancer Global to acquire property management agency

2 February 2021

Advancer Global (43Q:SES), an integrated services provider offering workforce solutions and services in Singapore, announced that its subsidiary Newman & Goh Property Consultants Pte Ltd has entered into a sale and purchase agreement to acquire PropNex Property Management Consultants.

Newman &...


India – TeamLease third-quarter revenue down 5%, net profit tumbles 9%

1 February 2021

TeamLease Services Ltd (TEAMLEASE:NSI) reported revenue from operations of INR 12.75 billion (USD 174.6 million) for the third quarter ended 31 December 2020, a decrease of 5.6% compared to the same period last year.

(INR millions) Q3 2021 Q3 2020 % change Q3 2021 (USD millions)
...


Australia – Freelancer group net cash receipts down 0.9% in Q4

1 February 2021

Online staffing platform operator Freelancer Ltd. (FLN:ASX) reported group net cash receipts for the fourth quarter of 2020 ended 31 December 2020 of AUD 14.3 million, down 0.9% over the previously corresponding period.

The group reported its cash receipts in both USD and AUD.

Cash receipts for the Freelancer...


India – Quess Corp says it has sorted out issues with Wistron (Times of India)

1 February 2021

Indian staffing firm Quess Corp announced that it sorted out the issue relating to the non-payment of contractual workers with iPhone manufacturer Wistron, according to the Times of India. Quess Corp was one of the staffing firms that supplied workers to the Wistron iphone factory near Bengaluru. Other...


Japan – Government mulls four-day working week amid pandemic (Deutsche Welle)

1 February 2021

Members of the Japanese parliament last week opened discussions on a proposal put forward by Kuniko Inoguchi, a member of the ruling Liberal Democratic Party, to permit workers to opt for a four-day working week instead of the traditional five-day, Monday-to-Friday pattern, reports Deutsche Welle. A...


Japan – BeNext to merge with Yumeshin Holdings to create engineer dispatching powerhouse

29 January 2021

Japanese technical staffing firm BeNext, formerly known as Trust Tech (2154: JP), announced that it is merging with Yumeshin Holdings Co. Ltd, (2362:JP), a Japanese holding company mainly engaged in the business of labour dispatch.

The absorption-type merger will see the creation of an engineer dispatching...