Prime Minister Jacinda Ardern spoke out against companies that benefited from the subsidies, yet handed out large bonuses in 2020.
The Ministry of Labour & Employment has made the proposal to formalise work from home (WFH) regulations for the services sector in the new year.
Employers or employees may now be represented by any person of their choice, excluding lawyers, during dispute processes.
Businesses can force their staff to get vaccinated against COVID-19 under workplace laws.
The pact will allow both countries to conduct businesses with greater efficiency, increased trust, and reduced costs or digital barriers.
The Ministry of Science and ICT will invest US$5.3 billion on science and information and communication technology (ICT) research in 2021.
The prime minister urged the country’s youth to be prepared for the opportunities that lie ahead as startups grow in Tier-II and Tier-III cities.
A joint initiative by the Ministry of Commerce (MoC) and UN Development Programme (UNDP) will boost the kingdom’s e-commerce drive and create jobs.
He expects Hong Kong to ride on Beijing’s five-year plan to stimulate domestic growth, which aims to achieve independence in science and tech.
Out of the six leading economies in Southeast Asia, three countries are expected to expand in 2021, while others will struggle to recover.
The revised law would allow fathers to take a total of four weeks off, and give a shorter notice of their leave to their employers.
The government will continue to offer subsidies to the garment and textile industry, which accounts for 80% of the country’s exports.
Some 5.6 trillion won will be used for cash handouts to small businesses, temporary workers or freelancers, and taxi drivers.
Trade and industry minister Chan Chun Sing said equipping workers with skills for the future is crucial in managing wage disparity in the country.
Thailand’s Board of Investment also found that 76.67% of firms will maintain the same level of investment, while 19.33% of businesses intend to increase their investment value.
The employment rate of university graduates of the class of 2019 fell, while the employment gap between men and women widened.
The wage hike is expected to benefit some 1,558,500 workers, which includes 1,097,700 Taiwanese and 460,800 foreigners.
The Bank of Thailand (BoT) has further relaxed rules on a soft loan programme to help SMEs financially.
The order would see all foreign workers spanning all sectors to undergo mandatory screening.
Starting from March next year, the government will launch a more comprehensive All India Quarterly Base Establishment Survey (AIQBES).
The new ruling takes effect on March 1, 2021, and will require HR agencies to secure the protection of their candidate’s personal information.
As the pandemic worsens an already tightening labour market, an increasing number of South Koreans have abandoned the search for jobs.
The government programme aims to support up to 80,000 additional apprenticeships over five years, particularly in industries with skill gaps to fill.
The government plans to revise various regulations in immigration, foreign business and other areas to attract more foreign direct investment next year.
The review of the law would allow the government to handout subsidies to bars and restaurants that shorten operation hours.
The number of workers changing jobs has seen a 6.8% drop in the first nine months of this year compared to the same period last year.
The next tranche of payouts will be in March 2021, for qualifying wage increases in 2020.
The EPFO faces the huge challenge to cover 400 million informal workers.
The nation’s hiring incentive and training assistance programme has also helped 106,443 employees secure employment.
Jobs and business are expected to adapt as government support taper off going into 2021.