Daily News
China and Hong Kong hiring sentiment down despite C-suite optimism
15 March 2024Hiring sentiment overall in Hong Kong and Mainland China is softer despite a more optimistic outlook from C-level executives, according to a KPMG survey.
The survey suggests that there is still a need for top talent who can drive results in their organisations.
For KPMG’s annual report titled Hong...
Singapore’s FY 2023 employment growth driven by non-residents
15 March 2024Singapore’s labour market showed resilience in 2023 despite global headwinds and the inflationary environment with total employment increasing in the year, according to research from the Ministry of Manpower.
Total employment grew by 88,400 in 2023. Given the low resident unemployment rate, this increase...
Workers in Korea could see 18% pay rise with AI skills
15 March 2024Employers in South Korea are willing to offer a pay raise of at least 18% if job candidates are equipped with higher AI skills and literacy, reports MSN, citing a survey by Amazon Web Services. The survey polled 511 employers and 1,652 employees in South Korea. Generative AI will go through the most...
Artner full year revenue increases 9.4% as profits tick up
14 March 2024Japanese recruitment firm Artner (2163: JP) reported revenue today for the full year ended 31 January 2024 of JPY 10.11 billion (USD 68.4 million), an increase of 9.4% when compared to the same period last year.
(JPY millions) | FY 2023 | FY 2022 | Change | FY 2023 (USD millions) |
Revenue ... |
Ignite appoints new CFO
14 March 2024Australian recruitment firm Ignite Limited (ASX: IGN) announced that it has appointed Lisa Hou as CFO following the resignation of Diego Agosti as finance director.
Hou will take over the role from 18 March. She started her career with PWC in Australia and has worked for SaaS technology startups in the...
Employees in India believe gig workforce will take over
14 March 2024The majority of employees in India (83%) believe that going forward, the gig workforce will overshadow the traditional workforce, reports Business Standard, citing research from Genius Consultants. The report also said that 79% of those interviewed view the gig workforce structure as more cost-effective...
Japanese firms offer biggest pay rise since 2013, union says
14 March 2024The average pay rise offered by 231 firms for both full-time and part-time employees was the biggest since 2013, amid signs wage hikes were broadening, reports Reuters, citing Japan’s largest industrial union UA Zensen. The union, an umbrella group established in 2012 that represents 2,237 unions and...
New Zealand job ads plummet 27% in February
13 March 2024New Zealand job advertisements on job board Seek fell by 27% in February 2024 when compared to February 2023.
On a monthly basis, job ads fell by 3% in February while applications per job ad rose by 3% over the same period.
By region and on an annual basis, only Gisborne (16%) and Hawkes Bay (9%) reported...
G20 GDP growth continues at steady pace in Q4
13 March 2024Gross domestic product (GDP) in the G20 area grew by 0.7% quarter-on-quarter in the fourth quarter of 2023 according to provisional estimates by the Organisation for Economic Co-operation and Development.
The 0.7% increase was slightly down from 0.8% quarterly growth in the previous quarter.
Performance...
Malaysia to lower migrant workforce job scams crisis
13 March 2024Malaysia will slash the number of low-skilled migrant labour it allows in the coming years, reports The South China Morning Post, citing the economy ministry. It comes as intolerance grows towards its burgeoning overseas workers amid a job scam crisis across the country’s Bangladeshi labour market....