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.
BPP at the forefront of building organisational capability
Emma O’Dell, Director of Client Capability, BPP, explains how BPP’s organisational capability approach is helping their clients identify skills gaps and develop their people.
Philippines: Third-quarter GDP shrinks by 11.5%
The Philippine economy shrank for a third consecutive quarter, though at a slower rate compared to second quarter’s plunge of 16.5%.
Number of layoffs by SMEs spikes in South Korea
The percentage of workers “temporarily laid off” by small and medium sized companies rose sharply from 28.0% in August to 50.1% in September.
45.2% of workers in South Korea can take off days whenever they want: Survey
This ratio is lower among female, non-regular, and low-income workers.
Singapore government sets up taskforce to tackle migrant workers’ mental health care
Actions will be implemented in three overlapping phases over the next two years.
More workers moonlighting in Japan to ease financial burden
More companies in Japan are giving their blessings or tacit approval for their staff to take on outside jobs in the midst of the gloomy economic landscape.
Singapore: Number of jobs in manufacturing sector doubles from end-August
Singapore’s manufacturing output grew by 24.2% in September compared with the same month last year.
60% of SMEs in Malaysia reported having no sales over initial lockdown period
Cash flow disruptions were cited by SMEs as the main challenge.
Australia’s tax cuts to kick in from Nov 16
The tax relief package is expected to benefit over 11 million Australians. as the country attempts to recover from the pandemic.
CHRO Indonesia Online looks at what’s ahead in 2021
Over 130 CHROs attended CHRO Indonesia, which examines issues such as how HR tech will impact the workplace in 2021.
Degrees good, skills essential – The new validation for today’s workforce
Skills will form the key component in driving today’s workforce, as companies begin to place a higher value and focus on skills.
A new era of learning in the new world of work
Workforces need to focus on upskilling business skills such as communication and leadership, says Skillsoft.
Malaysia: Work from home or work from hotel?
Malaysia’s Movement Control Order (MCO or PKP) has given rise to an alternative for the WFH acronym – work from hotel.
Indonesia’s unemployment hits 10-year high, economy enters recession
The pandemic has caused some 2.56 million people to lose their jobs, raising Indonesia’s open unemployment rate to its highest since 2011.
Indian government relaxes guidelines to ease into remote working
The new guidelines cut compliance for the IT industry, removing reporting obligations for firms, and easing the way for WFH to take place.
South Korea: Employment in September slides to lowest level in four months
Workers in their 30s have been hit the hardest, with the unemployment rate exceeding 70% for this group.
Australian unions want better protection for WFH workers
Unions in Australia unions are evaluating if more protection would be needed so that workers do not face discrimination or loss of pay and benefits.
Vietnam looks to South Korea for HR training support
HCMC Party Chief hopes South Korea will provide support in HR training in IT, AI, healthcare, tourism, urban management, automation and logistics.
Job mismatch rate among Malaysian graduates more than doubled
Malaysian graduates are either unemployed six months after completing their studies, or are taking jobs they are overskilled for.
China plans to double its GDP by 2035, economic plan reveals
By 2025, the country also aims to be a high-income nation, as 373 million citizens continue to live below the upper-middle-income poverty line.