Further measures such as subsidies to encourage more hiring and domestic travel are expected to be rolled out in the near future.
Minister for Manpower Josephine Teo said the adjustment is to enable firms to access the manpower they need while ensuring a strong Singaporean core.
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.
The latest Singapore data centre, which is its first in Southeast Asia, brings its total to 18 sites globally.
The scheme, which was due to expire in August, will be extended by seven months until March next year at a more sustainable level.
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The RM1.5 billion programme was introduced to help workers who have been displaced by the COVID-19 pandemic find jobs.
The job creation Bill will make it more attractive for foreign companies to create jobs in the country which has seen record unemployment rate.
Manpower Minister Josephine Teo revealed that about seven in 10 of the jobs committed so far are PMET roles.
Thailand will permit entry for four groups of foreign nationals subject to stringent requirements and quarantine.
The companies, which comprise of both large and small firms, are found to have “exceptionally high share of PMETs compared with their industry peers".
Indonesia, which has the highest number of COVID-19 cases in Southeast Asia, is reeling from the impact of the COVID-19 pandemic.
As we enter into a new era of work, leadership will have to evolve and adapt to an increasingly agile and mobile workforce.
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The Philippines is looking to revive its economy and job market with the launch of over 69,000 jobs across the country.
The company will also be offering a COVID-19 special early retirement scheme to all ground staff and pilots.
While hourly wages will offer more flexibility in hiring, there are concerns among employers and activists.
Digital transformation needs to be a carefully thought-out process with an organisation’s people at the core, says Workday.
NTUC, together with three unions, has reached an amicable agreement with a SIA Engineering-linked company on the retrenchment.
The company has reportedly laid off 144 workers over three days without providing prior notice or proper reason.
The Malaysian government has taken steps to help displaced workers find employment by introducing a hiring incentive and training assistance programme.
Minister for Manpower Josephine Teo also expressed her commitment to ensuring essential workers get “fair opportunities” to progress.
As cyberattacks become more prevalent, sophisticated, and large-scale, there has never been a greater demand for ethical hackers.
The COVID-19 pandemic has highlighted the urgent need for businesses to accelerate their digital transformation.
140,000 employers will be receiving the payout which will add up to a total of S$15 billion disbursed since the first round of support packages.
The integrated resort operator said the vast majority of local staff have been retained while all affected workers will get a “fair compensation”.
The Philippines is set to have the highest unemployment rate in Southeast Asia this year, according to the latest report.
Despite the record unemployment rate, there are signs of economic recovery in the Southeast Asian country.