Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Australia – Chandler MacLeod reports profit growth in declining market

19 August 2014

Australian recruitment firm Chandler MacLeod Group (CMG: ASX) reported revenue for the year ending 30 June 2014 of AUD 1.4 billion (USD 1.3 billion), a decrease of -9.4% compared with AUD 1.5 billion (USD 1.4 billion) a year ago.The company attributed the decline in revenue to a fall in contracto...


Australia – HiTech profit impacted by stock market investments

19 August 2014

In a brief trading statement released today, Australian ICT staffing company HiTech Personnel (HIT: ASX) reported revenue of AUD 8 million (USD 7.5 million), equating to growth of +9.1% for the full year ending 30 June 2014.The company reported gross profit of AUD 1.2 million (USD 1.1 million), a...


Japan – Amendments to Worker Dispatch Act expected

19 August 2014

Amendments to Japan’s Worker Dispatch Act of 1985 are expected to be approved and become effective in 2015, according to international law firm Sidley. These amendments could have a significant impact on the personnel policies and workforce management of companies in Japan. The most significant a...


China – Zhaopin seeks expansion opportunities

19 August 2014

Chinese job board Zhaopin is working to roll out educational services across China over the next 12 months. The company is also looking to export new technologies and ­services that have been successfully introduced in Australia into its Chinese product offering as the business expands into new g...


Nepal – Government working to make overseas recruitment process free

19 August 2014

The Nepalese government has said that it has been negotiating with major source countries to make the recruitment process free for Nepali migrant workers, reports myrepublica.com. Buddhi Bahadur Khadka, a spokesperson for the Ministry of Labour and Employment (MoLE), commented: “We have been...


Southeast Asia – Malaysia, Indonesia, and the Philippines the future power-houses of Asia

19 August 2014

Over a third (36%) of employers globally report having difficulty filling jobs. As the global talent shortage continues, the availability of the right talent trumps the cost of labour as a key consideration influencing business decisions.Companies recognise that good business decisions are no lon...


Australia – Ambition Group reports revenue growth but losses worsen

18 August 2014

Australia-based boutique recruitment firm Ambition Group (AMB: ASX) last week reported revenue of AUD 42.8 million (USD 39.9 million) for the six months ending 30 June 2014, an increase of +6% compared with AUD 40.4 million (USD 37.6 million) a year ago.Gross profit for the period increased by +1...


Southeast Asia – Labour leaders collaborating across borders to secure better conditions

18 August 2014

Labour leaders behind the biggest strikes in Cambodia's USD 5 billion (KHR 20.1 trillion) garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries. The result was a +25% increase in the minimum pay for an est...


Oman – Freeze on visas hitting companies hard

18 August 2014

The freeze on issuing clearances for certain professions by the Ministry of Manpower has hit Omani companies hard, to the extent that some firms are on the verge of abandoning some of their operating plans, reports The Oman Observer.The management of Alpha Engineering and Contracting LLC, a newly...


Taiwan – 104 Corp sees jump in revenue

15 August 2014

104 Corp (TAI:3130) a Taiwan-based company primarily engaged in the operation of online recruitment websites saw its second quarter revenue ending in July jump +13% from TWD 624.8 million (USD 20.8 million) from 553.4 million (USD 18.4 million). An operating profit figure is not available but the...