With workers staying at home because of the pandemic, the financial hit to Sydney’s central business district comes at a cost of AUD$10 billion.
Both workers and businesses will benefit from the stimulus programmes introduced by the Indonesian government.
Minister for Manpower Josephine Teo said the adjustment is to enable firms to access the manpower they need while ensuring a strong Singaporean core.
Beginning this September, some Samsung workers based in South Korea will begin to work from home, as part of a pilot programme.
Zoom CEO Eric Yuan believes that the world will see a hybrid working model as solely working from home is unlikely and unsustainable.
As of January 31, 2020, a total of 276, 176 entities are registered with the Companies Commission of Malaysia as online businesses.
As organisations continue to plan their recovery from the pandemic, EX is a top priority.
The airline also revealed plans to outsource ground handling at major Australian airports, including Sydney and Melbourne.
The IFC has earmarked a series of financial aid initiatives to provide COVID-19 support for MSMEs in Asia-Pacific.
Despite the uncertainty presented by the pandemic, SMEs in Vietnam will continue with their investment plans.
57 billion baht worth of loan guarantees have been earmarked for Thai SMEs struggling under the weight of COVID-19.
The human resources ministry in Malaysia is working to reduce cases of local and foreign workers losing their jobs through the redeployment initiative
The three most common cost-cutting measures are adjustments to monthly salary components, no-pay leave and shorter work weeks.
The Ministry of Manpower (MOM) also revealed the top five jobs that are offered in its weekly jobs situation report.
Hong Kong's unemployment rate eased slightly, likely helped by the newly launched government wage subsidy.
This is in line with a 17.1% contraction of the economy in the same quarter, as total hours worked dropped because of COVID-19.
A report by the International Labour Organization and the Asian Development Bank also warned of the impact the pandemic has on youths in the region.
The latest Singapore data centre, which is its first in Southeast Asia, brings its total to 18 sites globally.
As South Korea grapples with a second COVID-19 wave, many companies are having to make remote working a priority.
Employee wellbeing has never been more important as employers look to support their people both physically and mentally.
The two stores in India are operated entirely by women, with the number of all female-led stores to double by the end of the year.
The COVID-19 pandemic has crippled Thailand’s tourism industry, which is critical for the country’s economy.
The scheme, which was due to expire in August, will be extended by seven months until March next year at a more sustainable level.
A white paper from Rizing provides organisations with the right strategies to upgrade their HR processes to SAP SuccessFactors in the cloud.
The clock is ticking to send in your nominations for the coveted HRM Asia Readers Choice Awards. So hurry before the nominations close!
Not since the Asian financial crisis of 1998 has the country experienced such a toll on its economy.
The RM1.5 billion programme was introduced to help workers who have been displaced by the COVID-19 pandemic find jobs.
The Philippines government has set aside 120 billion pesos for a credit guarantee programme that will help small businesses gain access to loans.
A new scheme offers cabin crew members the option of early release or retirement as the airline continues to struggle with the COVID-19 pandemic.
The job creation Bill will make it more attractive for foreign companies to create jobs in the country which has seen record unemployment rate.