Thailand’s economy contracted by 6.4% in the third quarter, improving from its 12.1% slump in the previous quarter.
The government has announced another Rs1.2 lakh crore (USD$16.1 billion) to stimulate the economy, focusing on job creation and private businesses.
Singapore has been ranked ninth in 2020’s list of the most competitive countries for talent globally, by the IMD World Competitiveness Centre.
Chevron could slash 10% of jobs in its Singapore operations – within a week of Shell’s announcement that it will cut 38.5% of its workforce.
While the economy continues to recover, bonuses for public servants is expected to be lowered for the first time in a decade.
With Indonesia falling into its first recession in 22 years, an increasing number of workers are being laid off without pay.
Migrant workers from Cambodia, Laos and Myanmar with work permits expiring next year can continue working in Thailand for up to two more years.
The Philippine economy shrank for a third consecutive quarter, though at a slower rate compared to second quarter’s plunge of 16.5%.
The percentage of workers “temporarily laid off” by small and medium sized companies rose sharply from 28.0% in August to 50.1% in September.
More companies in Japan are giving their blessings or tacit approval for their staff to take on outside jobs in the midst of the gloomy economic landscape.
Singapore’s manufacturing output grew by 24.2% in September compared with the same month last year.
Malaysia’s Movement Control Order (MCO or PKP) has given rise to an alternative for the WFH acronym – work from hotel.
The pandemic has caused some 2.56 million people to lose their jobs, raising Indonesia’s open unemployment rate to its highest since 2011.
Unions in Australia unions are evaluating if more protection would be needed so that workers do not face discrimination or loss of pay and benefits.
HCMC Party Chief hopes South Korea will provide support in HR training in IT, AI, healthcare, tourism, urban management, automation and logistics.
The Malaysian government has assured the 2,647 retrenched staff of Malindo Airlines that they will receive due compensation and retraining.
The service sector in China is showing signs of recovery with hiring rising to its highest level in a year.
Thailand’s NSF, a voluntary pension fund, has signed an MoU with Grab to recruit more members. while planning for their retirement.
Public and private companies in India are giving out bonuses to their employees for the upcoming festival of lights.
The company that handles ground services for the Hong Kong International Airport will axe 340 staff from next month.
The growth of the financial services sector will generate more positions for digitally-ready PMEs, as Singapore’s digital transformation continues.
The extension by the Hong Kong Mortgage Corporation (HKMC) comes amid rising unemployment and recession due to COVID-19.
Central Java governor Ganjar Pranowo has announced plans to raise the minimum wage for the province for 2021 by 3.71%.