Singapore-New Zealand digital economy partnership takes effect
The pact will allow both countries to conduct businesses with greater efficiency, increased trust, and reduced costs or digital barriers.
Startups in India today are the MNCs for tomorrow: PM Modi
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.
Hong Kong’s financial chief expects city to be out of recession by end-2021
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.
Singapore must manage wage disparity
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 relaxes rules on soft loans and mulls monthly long weekends next year
The Bank of Thailand (BoT) has further relaxed rules on a soft loan programme to help SMEs financially.
Thailand moves to attract foreign investments
The government plans to revise various regulations in immigration, foreign business and other areas to attract more foreign direct investment next year.
Singapore: “Sharp cliff effect” not likely when government relief schemes cease
Jobs and business are expected to adapt as government support taper off going into 2021.
Good fundamentals crucial to recovery in the Philippines
The Department of Finance (DoF) said maintaining good fundamentals will be key to the recovery from the pandemic.
Government loan guarantees help SMEs access better funding
Thailand’s central bank has provided 500 billion baht in soft loans for financial institutions to re-lend to SMEs.
Singapore’s general labour market to see uptick in 2021
Labour chief Ng Chee Meng said the job market is expected to show signs for optimism next year, but some sectors would still stay in a slump.
How recruiters can benefit from a changing talent landscape
Sara Kaplan, Content and Social Media Manager, TalentTap, explains how organisations can use a shift in talent mobilisation to grow their business in 2021.
More long-term PMET jobs available in Singapore
The Ministry of Manpower (MOM) said 91,340 job openings are available with most classified as long-term jobs.
Enterprise Singapore urges SMEs to adopt ISO standards
Businesses that are ISO certified means that their services, products, or processes adhere to a globalised standard.
Malaysia’s machinery & equipment sector urged to adopt digitisation
The country’s machinery and equipment (M&E) sector, which accounts for 85% of local SMEs, needs to adopt digital solutions to stay competitive.
Indian startups set on recovery from COVID-19 pandemic
A survey by India’s chamber of commerce for the tech industry found that startups in the country have seen their revenue accelerate, and funding improved.
Digitisation gains pace in Singapore as more jobs available in digital banks
The Monetary Authority of Singapore (MAS) is expecting digital banks to employ a “sizeable number of people”.
India: Delhi to launch scheme to woo startups
The Delhi government is set to launch a programme designed to attract startups to the capital city, with a 150-arce hi-tech business park to be built.
Malaysia aims for 25,000 SMEs to go digital in two years
The country has rolled out a dedicated delivery service programme, subsidising costs for delivery bags and uniforms for delivery workers.
Two Cents: The emergence of the hybrid workforce
Whether organisations decide to return to the workplace or continue remote work in 2021, employees will be the key to success.
Laid-off workers insured under Socso re-employed in Malaysia
Out of 100,000 employees insured under Socso who have been laid off, about 31% or 30,977 have found new jobs.
Singapore: Technology will disrupt 90% of HR roles in three to five years
Technology-enabled solutions, especially those using automation, will impact the majority of human resource (HR) roles in the near future.
Australia: Employers can offer part-timers extra working hours, but not on overtime basis
The change in policy aims to create more flexibility for employers and more hours for employees.
Automation will displace 85 million jobs by 2025: World Economic Forum
Roles are set to change when companies’ adopt technologies that will transform tasks, jobs and skills, creating new employment opportunities.
Malaysia: New govt portal to provide seamless business registration
Prime minister Tan Sri Muhyiddin Yassin has launched MalaysiaBiz – a one-stop government portal that aims to streamline the setting up of businesses.
57% of Singapore’s publicly listed firms have sufficient cash to repay short-term debt: MAS
The proportion of SMEs that are vulnerable is about 30 percentage points higher than larger firms.
Taiwan hires fewer workers aged 50 and above
The labour participation rate of people aged 50 and above is found to be significantly lower than that of Japan, South Korea and the US.
Remote working in India enables companies to hire from smaller cities
Companies now have the option to hire contract staff from Tier 2 and 3 cities as working from home becomes more prevalent and accepted.
South Korea: Govt advises SMEs to prep for shorter working week
The Ministry of Labor and Employment will implement the 52-hour cap on the working week for SMEs as scheduled.
Building workforce capabilities and resilience for the future
Over 100 CHROs attended CHRO Online Singapore, which shared insights on how organisations can identify workforce capabilities and fostering workplace resilience.
Indonesia needs to boost HR and R&D in manufacturing
Manufacturing, the largest contributor to the country’s GDP, will play a big role in economic recovery, and government support will be key.