COVID-19 puts 25 million jobs at risk
International Labour Organisation paints bleak picture of major labour market and economic crisis emerging from COVID-19.
SIA makes 96% capacity cuts as COVID-19 disrupts global travel
Singapore’s flag carrier will ground 138 SIA and SilkAir aircraft, out of a total fleet of 147, as border controls continue to be tightened around the world.
60% of Singapore workers seek new employment during working hours
Respondents to Randstad survey admitted to searching for new jobs or speaking with recruiters while at work.
Remote working gains global traction due to COVID-19
Gartner survey reveals 88% of organisations have encouraged or required employees to work from home.
EngageRocket raises $3 million investment
With the cash injection, the Singapore-based HR tech startup looks to improve people analytics capability across Southeast Asia.
Cost of living continues to soar in Asia
The Economist Intelligence Unit has identified Singapore, Hong Kong and Osaka as the most expensive cities in the world to live in.
COVID-19 could cut 30 million tourism jobs in Asia
Asia is expected to be the worst affected, with 30 million jobs at risk of being lost.
Unemployment rate hits 9-year high in Hong Kong
Increasing for the fifth straight month, Hong Kong’s unemployment rate hits 3.7% in February, the highest since January 2011.
Malaysia goes into temporary lockdown
From March 18 to March 31, travel to and from Malaysia will be prohibited, while all non-essential businesses and services will be shuttered.
Are Singapore workers ready for technological disruptions?
PayPal report finds that while Singapore workers are well-equipped to deal with technological disruptions, financial preparedness is still lacking.
Facebook shuts offices after employee contracts COVID-19
The social media giant has shut part of its offices in Singapore and London after one of its employees was tested positive for COVID-19.
Singtel announces wage freeze after “worrying start to the year”
When implemented later this year, the company-wide wage freeze will affect all employees, except for operational and support staff.