Skill shortage looms for Indonesia’s workforce
INDONESIA: Job seeking platform KUPU has found that the hospitality and retail sectors in the country are at risk of skills shortage come 2023. This proves to become a major problem in the country’s labour sector. According to Amazon Web Services and Alpha Beta, over 17 million Indonesians need digital competency training every year to […]
Singapore’s unemployment rate falls to 6-year low
SINGAPORE: The Ministry of Manpower’s latest data shows that the country’s unemployment rate fell to 1.9% in August 2022, the lowest since March 2016. Broken down, resident unemployment fell to 2.7%, while the citizen unemployment rate also decreased to 2.8%. MOM’s data showed that 64,800 residents were unemployed in August, of which 57,600 were residents. […]
Increased AI dependence threatens job security
SINGAPORE: Professors and thought leaders from the Singapore Management University’s Business Partnerships unit and International Trading Institute are concerned that the increasing usage of Artificial Intelligence-based systems in employees’ and consumers’ daily transactions threatens job security and questions the essence of being human. The project team documented 30 examples of people doing their everyday work […]
Wagely app for managing income raises USD 5.6 million
INDONESIA: The most attractive benefit that Wagely, an Indonesian-made app, offers employees is that it allows them to withdraw their earnings on demand, instead of waiting until payday. The business model of this earned wage access startup proved so successful it was able to raise USD 5.6 million and is expected to reach more than […]
MYR 4 million in Series A funding for job app Troopers
MALAYSIA: The investment will be used towards developing its mobile app technology, marketing, and working capital to further expand its business in the region. Digital employment platform, Troopers Malaysia, has received a Series A funding round of MYR 4 million (USD 950,000) from local marketing firm Shooper360. Troopers Malaysia offers a mobile app that matches […]
