Vietnam faces challenges in creating ‘green jobs’

vietnam-green-jobs

Vietnam is facing challenges in creating enough qualified workers for new roles in the green energy transition. The demand for green skills is outpacing its availability, and around 60% of young people may lack the necessary skills to thrive in the green economy by 2030. The International Labour Organization estimates that there will be about […]

Businesses in Malaysia optimistic about Q3, will retain employees

businesses-in-malaysia-optimistic-about-q3-2023-will-retain-employees

A majority of businesses in Malaysia anticipate retaining their employees in Q3 2023, according to a report by the Department of Statistics Malaysia (DOSM). The report also found that businesses are optimistic about the overall business situation in the quarter, with a confidence indicator of 0.7%. The positive business sentiment is being driven by the […]

Malaysia’s employment growth continues in Q2

malaysia-employment-growth

The number of employed persons in Malaysia remained on the increasing trend in the second quarter of 2023, albeit at a slower rate of 2.8% (1.1 million) compared to the 3.8% (1.4 million) growth in the first quarter. The growth in employment was led by the professional and technical services sector, which grew by 4.2% […]

‘Singapore hiring rates slow down’, LinkedIn report

singapore-hiring-rates-slows-down-linkedin-report

Companies are advised to emphasise building a growth, development, and learning culture due to slowing hiring rates. LinkedIn’s chief economist, Karin Kimborough, suggests that organisations focus on skills and career development in their talent strategy instead of costly external hiring. This is because labor markets are still tight in many countries and industries post-pandemic, and […]

Thailand’s employment growth slows down in Q2

thailand-employment-growth

Thailand’s employment growth slowed in the second quarter of 2023, rising by 1.7% from a year earlier, down from the 2.4% increase seen in the previous three months. The slowdown in employment growth is attributed to a deceleration in economic growth during the same period. Thailand’s economy expanded by 1.8% year-on-year and 0.2% quarter-on-quarter in […]

Malaysia Top 3, Singapore ranked 14th in offshore services

Malaysia ranked 3rd, Singapore rose 24 steps in offshore services

Malaysia emerged among the top three locations worldwide for potential offshore services, ranking 3rd in the list according to Kearney’s 2023 Global Services Location Index (GSLI).  Singapore ranked 14th this year compared to 38th in 2021, noting a significant advancement. Although APAC markets remained prominent within the top 10, the Philippines descended from the list, […]

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Chief of Staff Asia