Businesses in Malaysia optimistic about Q3, 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 […]
Moving On Up: New HR leaders at UOB Singapore & more
Here’s what’s new, and who’s changing roles and stepping up across the HR community in Southeast Asia. Lydia Yeo Deputy Director of HR Singapore University of Social Sciences Lydia Yeo is the Deputy Director of HR at Singapore University of Social Sciences. With a dynamic background transitioning from communications to human resources, Lydia champions the […]
Singapore transforms setbacks into opportunities for retrenched employees
The Singaporean government has launched a visionary program aimed at providing substantial support to employees facing retrenchment. This initiative comes in the form of temporary financial assistance that allows retrenched individuals to focus on upgrading their skills and preparing for long-term career success. Prime Minister Lee Hsien Loong introduced this concept during the recent National […]
HypeFast lays off 30% of staff amid profitability
HypeFast Co-founder and CEO, Achmad Alkatiri explained that this move was not easy but important for the organisation to stay profitable, hit a positive cash flow and to continue generating revenue growth. Founded in January 2020, Hypefast helped local brands to generate over 500 million rupiah (US$32,627) in revenue, facilitating their business growth, particularly within […]
Moving On Up: New HR leaders at Marriot International & Ayala Land, Inc.
Here’s what’s new, and who’s changing roles and stepping up across the HR community in Southeast Asia. Andrew Newmark Chief Human Resources Officer Marriott International Singapore Newmark has been appointed Chief Human Resources Officer, Asia Pacific (excluding China). With more than 30 years with Marriott, Andrew will lead the company’s Human Resources function in the […]
Male employees in Singapore more worried about job security, report says
Male employees in Singapore are reportedly experiencing higher levels of anxiety regarding job security compared to their female counterparts, according to a recent report by ADP. Yvonne Teo, Vice President of HR, APAC, ADP, this perception from male employees can be attributed to their role as primary breadwinners in the family, the lay-offs happening at […]
Huneety’s first pre-seed round tackles skilled worker shortage in SEA
Investor Amit Lal Singh will lead the first pre-seed funding round of Huneety. This is the first funding round for Huneety, funded in Thailand by French entrepreneurs Simon Carvi and Vianney d’Hostel. The investment was facilitated by Singapore’s investment matchmaking platform WOWS Global. Huneety is a HRTech platform already active in Thailand and Indonesia since […]
Lucasfilm closing down Singapore operations, 300+ employees affected
Lucasfilm is in the process of winding down its Singapore operations, marking the end of its nearly two-decade presence in the country. Citing economic factors impacting the industry, parent company Disney has revealed this decision. The heart of Lucasfilm’s presence in Singapore has been its visual effects and animation studio, known as Industrial Light & […]
Moving On Up: New HR leaders at SEPHORA SEA & Teleperformance
Here’s what’s new, and who’s changing roles and stepping up across the HR community in Southeast Asia. Narumol Sunanchai Head of Human Resources & Education […]
Qoala adapts with workforce trim, layoffs 80 employees
Qoala, one of the players in the Indonesian insurtech sector, has decided to reevaluate its workforce composition and streamline its operations to better align with current market trends. The decision to lay off 80 employees in Indonesia and Malaysia was not taken lightly, as Qoala understands the impact on the affected individuals and their families. […]
