Mastering Recruitment in China: Strategies for Urban and Emerging Markets
Mastering recruitment in China is crucial for any multinational corporation looking to tap into the country’s vast talent pool. China’s dynamic labour market, marked by rapid urbanisation and emerging opportunities, offers both growth potentials and unique challenges. Understanding and leveraging effective recruitment strategies is essential in this competitive landscape, complicated by various legal and regulatory […]
Addressing the Talent Shortage Issue in APAC: Innovative Employer Solutions
Understanding the Talent Shortage in APAC The Asia Pacific (APAC) region is experiencing a significant talent shortage driven by demographic changes, technological advancements, and evolving market demands. According to ManpowerGroup’s Talent Shortage Survey 2024, 75% of APAC employers report difficulty filling positions, a notable increase from previous years. This shortage spans various industries, particularly technology, […]
Mitigating Financial Risks Amidst APAC’s Inflation Surge
Inflation in the Asia Pacific Region (APAC) presents significant challenges for employers, impacting operational costs, compensation strategies, and overall economic stability. Insights from various sources provide a comprehensive understanding of these challenges and offer strategies to manage them effectively. Understanding the Impact of Inflation According to Research World, inflation in the APAC region is driven […]
Understanding Labour Unions in the APAC Region: A Guide for Employers
Introduction Labour unions are crucial in advocating for workers’ rights and benefits. Understanding and navigating labour union landscapes is essential for employers, especially those operating internationally; maintaining positive labour relations and ensuring compliance with local laws is of utmost importance. Importance of Labour Unions Employee Representation Function: Labour unions represent employees in negotiations with employers […]
Singapore job market shows healthy signs with increase in job openings
The Singapore job market showed positive signs in 2023 with a significant increase in new job openings, nearly half of which being completely new positions, according to the latest Job Vacancies report by Singapore’s Ministry of Manpower. This marks a strong rise compared to previous years and reflects the changing needs of the economy. The […]
Japan revamps its contentious trainee program for foreigners
The controversial Japan foreign trainee program is getting a revamp The Japanese government has approved a revamped policy for its contentious trainee program for foreigners. This updated program emphasises enhanced rights protection, increased job flexibility, and stricter oversight. The decision, made during a ministerial meeting, aligns with recommendations from a government panel last year and […]
Japan marks its first interest rate hike in 17 years
Japan’s central bank has concluded eight years of negative interest rates, marking a significant shift in one of the world’s most aggressive monetary easing strategies aimed at stimulating bank lending and driving demand. In its first interest rate increase in 17 years, the Bank of Japan (BOJ) announced a raise in its short-term policy rate […]
Singapore: A Premium Investment for Future-Proof Business Success in Asia with a Focus on Upskilling Talents
Singapore, despite its high costs, remains an alluring destination for businesses looking to make their mark in Asia. The city-state’s stable economy, strong currency, and advanced infrastructure provide unique advantages for key sectors like technology, finance, pharmaceuticals, aerospace, professional services, and healthcare. The Strategic Choice: EOR or Setting Up Your Business In Singapore, businesses can […]
The Future of Eco-Friendly Travel
As conscious stewards of the planet, we stand at the precipice of a new era in tourism—one that harmonises our innate wanderlust with the urgent need to preserve the world’s beauty and diversity. Eco-friendly travel, a beacon of responsible tourism, signals a future where our adventures tread lightly on the earth while still widening our […]
European Union’s platform work regulation
Due to digital advancement and COVID-19 pandemic, platform work has gained attention globally. Platform work or gig work involves earnings from online marketplaces and digital spaces. Statistically, the gig economy in the US has increased by 33% in 2020. Likewise, in the UK, over 22% of the workforce is employed in the UK’s gig economy. […]
