A survey, which covered 81 firms with 500 or more workers, found that 26 of the firms had their earnings returned to pre-pandemic levels.
MSMEs are at the heart of India’s ambition to become a significant player and contribute to the global supply chain, said the Union Minister for IT.
In Metro Manila, the revised minimum wage rate will be effective June 4, while the new wage rate will take effect on June 5 in Western Visayas.
A social accountability scheme will advance the sustainability efforts of companies and will be in line with the UN’s Sustainable Development Goals 2030.
The unemployment rate for males declined by 0.2 percentage points to 4%, its lowest level since October 2008.
Companies in the province would be reimbursed for 50% or 80% of the social insurance paid to women who have a second child or a third child, respectively.
The gap between inflation and workers’ pay rises meant workers were on track to be A$4,000 worse off on average this year in real terms.
ILO will oversee the creation of training materials and provide capacity building for the national trainers endorsed by DOLE.
The PDPA, which regulates the processing of personal data with regards to commercial transactions, had seen its implementation delayed.
So far, the wage boards of Metro Manila and Western Visayas have approved the minimum wage hike in various sectors.
Central departments are also looking towards alleviating job market discrimination for people with disabilities.
The new regulation, expected to be mandatory from April next year, will affect some 4,000 listed businesses in the country.
The authors noted that video conferencing potentially curbs creative idea generation because participants’ gaze is focused on a screen.
WeEmpowerAsia has launched 15 e-learning courses on business management and leadership skills for women, with 7,700 women receiving the training.
The Australian Industry Group has urged the Fair Work Commission to adopt a “cautious approach in adjusting wages”.
Jobs data reflected overall improvements in the labour market, although employment in face-to-face services fell, such as those in accommodations.
The scheme subsidises the wages of some 1.2 million workers up to HK$8,000 over the months of May, June, and July.
Of the new roles, women could hold 78% of these new jobs and 84% of these would be formal employment.
The subsidies were key in helping the economy recover from the impact of the pandemic, said the Minister for Social Development and Employment.
A number of Japanese companies are granting its workers flexible work options in a bid to attract and retain talent.
These include gender pay equity, improved career options, improved parental leave, and elimination of sexual harassment.
The SME Association of Malaysia has cautioned that businesses may shutter or cut manpower if the costs of basic wages are too high to shoulder.
The minimum wage revisions show the commitment of workers and businesses to overcome difficulties together, said the International Labour Organisation.
The labour force has been recovering gradually since 2021, and a stronger recovery is expected this year, said the finance minister.
The government has pledged to allocate 3.6 million won yearly for additional personnel and labour management expenses incurred from telecommuting.
The government is concerned over the needs and welfare of some four million Malaysians working in the gig economy.
Foreign direct investments that the Philippines secured last year would generate more employment, said the Department of Trade and Industry.
Of firms which experienced an increase in cost, some 21% stated that costs had increased to “a great extent, said the Australian Bureau of Statistics.
The increase in workers’ wages will raise business cost and stall the economic recovery of businesses, said business organisation.
The Philippines and Singapore will also address how MSMEs in emerging markets continue to be underserved.