Philippines poised to become major player in data centre industry
STT GDC Philippines, under the leadership of its CEO Carlo-magno E. Malana, is anticipating a surge in demand for data centres. In an interview, Malana pointed out that as digitalisation accelerates worldwide, the need for data centres increases. He argued that the Philippines, due to its strategic location at the nexus of submarine cables, is […]
Singapore outshines Tokyo and Hong Kong in new city ranking
Singapore has clinched the 6th spot globally in the inaugural Brand Finance City Index, a survey measuring perceptions of the world’s top 100 cities. Singapore was recognised for its stellar performance in several areas, including local and remote work, investment, and environmental responsibility. The city-state was commended for its heavy investment in education and its […]
Social skills boost analyst performance, Singapore study finds
Singapore Management University (SMU) unveiled research on 15 May, 2023, revealing the significant role of social skills on equity analysts’ performance and career advancements. The study, titled “The Effect of Social Skills on Analyst Performance”, was led by Assistant Professor of Accounting An-Ping Lin. Analysing 38,875 analyst-company-year observations from 2014 to 2015, the team found […]
Mastercard launches data and services hub in Kuala Lumpur
Mastercard has inaugurated its new Data and Services (D&S) Hub in Kuala Lumpur, Malaysia, to serve clients across the Asia Pacific region with offerings beyond transactions. The hub aims to foster talent in data science, product development, and payments consulting. Mastercard’s D&S experts work globally with nearly 4,000 clients in over 120 countries, providing solutions […]
Vietnam’s labour market experiences positive growth in Q1 2023
Vietnam’s labour market witnessed growth in Q1 2023, according to the General Office of Statistics (GSO). The labour force increased by 88,700 people, reaching 52.2 million workers, with employment and wages also improving. Urban labour force saw an increase of 121,000 workers, while the rural workforce dropped by 32,300. Trained workers with degrees or certificates […]
Singaporeans express big concerns over job security
A recent Asia-Pacific survey has revealed that Singapore-based employees are among the region’s “most anxious” about job security. Employment Hero’s Talent Insights Report surveyed workers from Singapore, Malaysia, the UK, Australia, and New Zealand, with 49% of Singaporean respondents expressing insecurity in their current roles. Younger workers felt more confident (only 40% felt insecure) compared […]
Singapore and Malaysia workers least satisfied with DEI efforts in SEA
A recent study by Milieu Insight revealed that employees in Singapore and Malaysia are among the least satisfied in Southeast Asia with their company’s efforts to promote workplace diversity, equity, and inclusion (DEI). The survey, conducted in March 2023, polled 500 working professionals and business owners aged 20-64 across six Southeast Asian countries. Only 49% […]
Nearly half of Singapore workforce fear job loss: Randstad survey
A recent Randstad survey has revealed that 48% of Singapore’s workforce are worried about losing their jobs amid a softening economy and global business restructuring. The 2023 Workmonitor study revealed 61% would not accept a job without a legal employment contract. Despite economic uncertainty affecting 64% of respondents’ livelihoods, 80% remained confident in their employers’ […]
Malaysia’s unemployment rate drops to 3.5% in February
Malaysia’s unemployment rate declined to 3.5% in February 2023, an improvement from 3.6% in the previous months, signalling a stable labour market recovery. According to the Department of Statistics Malaysia, the number of unemployed individuals decreased to 591,900 from 596,100 in January. All economic sectors reported increased hiring, with the services sector leading the growth. […]
Heriyanto Agung Putra on future-proofing Bank Danamon’s workforce
Emerging from the pandemic has been a difficult journey for banking businesses across Southeast Asia, according to Heriyanto Agung Putra, Bank Danamon’s Human Capital director. He notes that the main challenges HR leaders in the vital banking industry are facing include: building people capability (because of the continuous changes in business models), better management […]
