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Saudi Arabia – Saudisation policy failing

7 October 2014

The recruitment of nearly 1.2 million foreign workers over the past year has hampered the Kingdom’s nationalisation initiatives, according to Saudi economists, reports arabnews.com. Economist Abdullah Al-Maghlouth commented: “We recruit about 1.2 million foreign workers annually at a time wh...


Japan – Recruit sets IPO share price at top end of range

6 October 2014

Following reports last week that Recruit Holdings had set a tentative price range of JPY 2,800 (USD 25.51) to JPY 3,100 (USD 28.24) per share for its initial public offering, scheduled for 16 October 2014, the company has announced that its share price will be JPY 3,100.The decision by Recruit to...


Japan – J-Com Holdings reports revenue growth

6 October 2014

Japanese recruitment firm J-Com Holdings Ltd (2462: JP) reported revenue for the first quarter ending 31 August 2014 of JPY 4.4 billion (USD 40 million), an increase of +39.9% from JPY 3.1 billion (USD 28.2 million) during the same period last year.The company reported operating profit of JPY 99...


Australia – Job adverts rise for fourth consecutive month

6 October 2014

The number of jobs advertised in Australia during September increased by +7.9% compared with the same month last year, according to the latest figures from the ANZ Bank’s job advertisement survey. The latest rise marks the fourth consecutive month of year-on-year growth in the number of jobs adve...


Vietnam – Workforce lacks professionalism and training

6 October 2014

Vietnam's low labour productivity reflects more a lack of proper training and professionalism than a lack of diligence, according to experts and entrepreneurs, reports nationmultimedia.com.Duong Duc Lan, Head of the Administration of Vocational Training under the Ministry of Labour, Invalids and...


Thailand – Jobseekers warned about Fukushima job scam

6 October 2014

Thai jobseekers looking for work in Japan have been warned by Thailand’s Chief of the Suphanburi Province Employment Office against applying for jobs in the tsunami-hit nuclear fallout region of Fukushima, reports the National News Bureau of Thailand. Japan’s Labour Office was informed by Th...


Japan – S-Pool reports strong profit growth

3 October 2014

Japanese staffing business S-Pool Inc. (2471: JP) reported revenue for the nine months ending 31 August 2014 of JPY 4.8 billion (USD 44.2 million), an increase of +22.6% compared with JPY 4 billion (USD 36.8 million) during the same period last year.The company reported an operating income of JPY...


Japan – Temporary staffing boosts Career Bank’s Q1, as recruitment division falters

3 October 2014

Japanese staffing business Career Bank Co (4834: JP) reported revenue for the three months ending 31 August 2014 of JPY 1.5 billion (USD 13.8 million), an increase of +14.8% compared with JPY 1.3 billion (USD 12 million) last year.Operating profit for the quarter decreased by -0.5% to JPY 28 mill...


China – New guidance makes employment agencies liable for work-related injuries

3 October 2014

China’s Supreme People’s Court has issued further guidance on work-related injury through the following regulations: The Provisions of the supreme People’s Court on Several Issues concerning Trial of Administrative Cases Relating to Work-related Injury Insurance, reports law firm Eversheds. ...


India – Four million telecoms jobs in the next five years

3 October 2014

India’s telecommunications industry is expected to generate four million new jobs over the next five years, as a result of growing rural markets and the rising penetration of the internet, according to recruitment firm Randstad, reports the Times of India. A recent report from recruitment fi...