CHRO Online Malaysia: Redefining leadership in a transformed workplace
Over 120 CHROs attended CHRO Online Malaysia, which highlighted the key priorities facing HR and business leaders in 2021.
Indonesia: Transport companies pivot to logistics business
State-owned airline Garuda Indonesia and train operator Kereta Api Indonesia (KAI) are pivoting their businesses to logistics as the pandemic wears on.
South Korea’s ICT exports see consecutive growth for 5 months
Sales exports totalled US$16.4 billion in the month, registering a 6% year-on-year rise, as South Korea continues to be a leader in the ICT sector.
Singapore prioritises employees’ physical and mental well-being
The Ministry of Manpower (MOM) will work with employers and building owners to better manage infectious diseases in the workplace.
Australia sees uptick in jobs for October, surpassing forecasts
Official figures released showed jobs rising by 178,800 for the month, an improvement from September’s numbers.
2,713 SMEs closed in Malaysia since MCO implemented
HR Minister Datuk Seri M Saravanan told Parliament that 2,713 SMEs have closed down from March to October this year.
COVID-19 propelling the highly-skilled freelancer economy
As more staff look for work online, companies are also starting to hire more freelancers to cut costs, in response to the pandemic.
Vietnam’s GDP highest in Southeast Asia
Driven by rising exports, Vietnam’s economy has outperformed others in the Southeast Asian region through the pandemic.
Singapore outlines medtech as future sector of growth
An industry-led coalition will explore advancing diagnoses for disease preparedness, containment and control.
Singapore adopts conservative approach to post-COVID recovery
Sectors like aviation, tourism and entertainment will remain in “suspended animation for some time to come.”
Philippines: Hiring falls by more than 50%, fierce competition for jobs
COVID-19 has caused hiring in the country to decline by more than 50%, with more applicants vying for the same job.
Taiwan sees fall in number of furloughed workers
This marks an improvement from June’s high number of 31,000, which has fallen as the economic impact of COVID-19 has waned.
Australia’s central bank to shape monetary policy on labour market changes
Jobs support and creation will be a priority until unemployment falls below 6%.
CHRO Online Malaysia examines leadership priorities in 2021
Thought leaders like Jason Averbook and Josh Bersin will join speakers from ADP and Microsoft in discussing some of the key challenges facing leaders .
Hong Kong Express pilots get pay cuts, ground staff go on unpaid leave
HK Express has requested all 200 of its pilots to sign new contracts with further cuts in salaries and allowances of up to 40%.
Thailand’s GDP shrank more slowly in Q3
Thailand’s economy contracted by 6.4% in the third quarter, improving from its 12.1% slump in the previous quarter.
Maritime sector needs a “more adaptable workforce”: UNCTAD
Reskilling and retraining workers will be key as the workforce continues to be reshaped in the face of transformation.
Japan sets up support body for foreign workers
The move by the Japanese government seeks to make the country more attractive for foreigners to work in by taking care of workers’ wellbeing.
India: Govt’s new round of stimulus to boost economy further
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’s world talent ranking rises one level
Singapore has been ranked ninth in 2020’s list of the most competitive countries for talent globally, by the IMD World Competitiveness Centre.
Illegal immigrants in Malaysia can soon work legally in the country
The programme, implemented by the Malaysian government, will run from Nov 16 to June 30, and will be applicable for sectors such as construction.
South Korea suffers sharpest decline in jobs for October in six months
The number of unemployed people reached 1.03 million for the month as the South Korean economy continues to be impacted by the pandemic.
Two major oil companies announce jobs cut within a week
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.
Japan rises out of recession, but winter bonus down
While the economy continues to recover, bonuses for public servants is expected to be lowered for the first time in a decade.
India has entered a technical recession for the first time, says RBI official
Estimates show that India’s GDP is set to contract by 8.6% over Q3, marking two consecutive quarters of contraction.
Singapore to launch dedicated tech pass for foreign talent from Jan 2021
The pass, says the Singapore government, will enable Singapore to build a strong tech base in the country, and bring more opportunities to the workforce.
Workers in Indonesia sent home without pay amid recession
With Indonesia falling into its first recession in 22 years, an increasing number of workers are being laid off without pay.
Migrant workers can stay longer in Thailand due to COVID-19
Migrant workers from Cambodia, Laos and Myanmar with work permits expiring next year can continue working in Thailand for up to two more years.
Malaysia’s GDP falls 2.7% in 3Q, marking a softer decline from Q2’s plunge
The country’s net exports showed a strong rebound of 21.9% over the quarter.
Due to travel restrictions, Singapore’s Internet economy falls 24% to US$9 billon in 2020
Last year, online travel contributed about 50% to the country’s gross merchandise value.