The economic impact of the COVID-19 pandemic has affected the jobs of many Malaysians working in Singapore.
The Hong Kong carrier announced it will be changing the contracts of its pilots and cabin crew as part of its restructuring exercise.
Despite the lowest increment in a decade, Hong Hong employees can look forward to a slight pay rise next year.
According to a survey, approximately half want to quit within 10 years and less than 20% plan to stay with their employer until they retire.
Plunging demand for its aircrafts due to the COVID-19 pandemic has forced the company to cut its workforce from 160,000 to 130,000.
More funding will be set aside to develop digital economy, said Singapore’s Deputy Prime Minister Heng Swee Keat.
The Cambodian government’s projection contradicts that of the IMF’s, which expects the Cambodian economy to contract by 2.8% in 2020.
The Malaysian Employers Federation has called for more clarity on the government’s work-from-home (WFH) directive.
Residents in Singapore are also the least optimistic when it comes to economic recovery in the next six months.
A survey by UOB also showed that older workers in Singapore are more worried about losing their jobs and becoming redundant in the job market.
Employees who are required to work from home during the conditional movement control order (CMCO) must be paid their full salaries.
The survey, which involved more than 12,000 working adults in 27 countries, showed wide variations of job-loss concern between countries.
The Hong Kong carrier is also planning to make changes to the contracts of its pilots and cabin crew as part of its restructuring.
Despite the impact of the COVID-19, Vietnam and Myanmar are the only two countries in ASEAN that are expected to register positive growth this year.
The move comes as about 90,000 businesses in the country remain closed due to the COVID-19 lockdown imposed by the government.
The latest tranche of payouts in the Jobs Support Scheme is designed primarily to help employers pay the wages of about 1.9 million local employees.
SMEs can receive up to a maximum of RM$5,000 to support their investment in digitisation, as Malaysia looks to speed up digital transformation.
Companies in Singapore have been given the green light to temporarily cut wages to avoid and minimize retrenchments.
Employees in the Philippines must be given their 13th month pay even if their companies are financially impacted by the COVID-19 pandemic.
In a bid to curb a further outbreak of COVID-19, companies in the "red zones" are urged to allow employees to work from home.
Besides reducing the risk of burnout, a "Right to Disconnect" law can also help to improve productivity, argued a Labour Minister in Singapore
A new scheme will allow tourists to visit designated areas within some Thai provinces as the country prepares to allow more tourists back into the country.
The phased reopening of the economy following Singapore’s circuit breaker is helping the recovery efforts of some sectors.
The completely virtual event, which will be taking place from October 27-30, will aim to help organisations make critical HR system decisions.
Only 21% of the job and training opportunities available in the retail sector since April this year have been taken up, says Singapore’s MOM.
The reimposing of the conditional movement control order will curb a number of activities in states such as Kuala Lumpur and Selangor.
The country’s GDP is likely to return to pre-pandemic level only in 2022, the World Bank has predicted.
A survey commissioned by the Straits Times highlighted that the majority of Singapore’s workforce do not wish to return to the office.
The company will also be allowing its staff to relocate and take on part-time working hours if approved by their managers.
Singapore Deputy Prime Minister Heng Swee Keat believes the system needs to be improved to better match job candidates to job vacancies.
