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India - Big recruitments in banks to continue

5 May 2014

The growing emphasis on financial inclusion is a key reason for the massive recruitment in the banking sector, according to the Indian daily The Hindu.Recruitments in the banking sector that have been big in recent years, generating considerable interest among job-seekers, are set to remain so fo...


South Africa - New act to boost job opportunities

5 May 2014

Labour Minister Mildred Oliphant said that the new Employment Services Act would ensure more people would get opportunities for work.Oliphant said that the bill aimed to promote employment and "to improve access to the labour market for work seekers and to provide opportunities for new entra...


Saudi Arabia - Riyadh Metro work drives recruitment

5 May 2014

The BACS consortium (Bechtel, Almabani, CCC, Siemens) building lines one and two of Riyadh Metro is to begin a huge recruitment drive following the ground-breaking ceremony which took place in the city last month.Almabani CEO Joseph Daher said: “We (the consortium) have so far secured approximate...


World – Hudson Global to divest loss making business following Q1 revenue drop

2 May 2014

Global talent solutions company Hudson Global Inc. (HSON: NSDQ) yesterday reported revenue of USD 161.9 million for the first quarter ending 31 March 2014, a fall of -1.4% in constant currency from USD 165.7 million during the same period last year.Gross profit for the period rose by +2.3% in con...


World – LinkedIn growth hampered by rising costs

2 May 2014

Online professional network LinkedIn (LNKD: NYSE) yesterday reported revenue of USD 473 million for the first quarter ending 31 March 2014, a year-on-year increase of +46% compared with USD 324.7 million a year ago.The company reported a net loss for the quarter of USD 13.3 million, a substantial...


World – Monster reports revenue decline in Q1

2 May 2014

Global job board Monster Worldwide Inc. (MWW: NYSE) yesterday reported revenue of USD 198.1 million for the first quarter ending 31 March 2014, a fall of -7% compared with USD 212 million during the same period last year.The company reported an operating loss of USD 470,000 for the three months,...


China – Tips to comply with new regulations on temporary employees

2 May 2014

International law firm Seyfarth Shaw LLP has released a set of compliance tips regarding the Interim Regulation on Labour Dispatch, which came into effect on 1 March 2014, reports mondaq.com.According to the Labour Contract Law of the People's Republic of China, enterprises receiving labour dispa...


Nepal – Government cracks down on rogue recruitment agencies

2 May 2014

The Nepalese government has launched a crackdown on rogue recruitment agencies in an effort to stamp out the exploitation of its vast migrant workforce, reports The Guardian. According to the Department of Foreign Employment, more than 200 agencies have been penalised since mid-February, wit...


Malaysia – Jobstreet offer deemed fair and reasonable

1 May 2014

Independent advisor AmInvestment Bank said that rival job board SEEK Asia’s offer to buy Jobstreet’s (JOBST: MK) online job board for MYR 1.73 billion (USD 548.3 MILLION) in cash is ‘fair and reasonable’, reports astroawani.com.In February, Australian job board SEEK announced that SEEK Asia, a ma...


Malaysia – Government committed to modernising labour laws

1 May 2014

Malaysian Prime Minister Datuk Seri Najib Tun Razak said the government was committed to modernising Malaysian labour laws, in line with the needs of a high-income economy, reports bernama.com.my.In his Labour Day message, Mr Najib said the government was currently reviewing the Industrial Relati...