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 […]
Malaysia Top 3, Singapore ranked 14th 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, […]
SPER Market Research forecasts growth in Thailand’s BPO market
According to a recent report by SPER Market Research, the Business Process Outsourcing (BPO) market in Thailand is poised for significant expansion, anticipated to reach a value of USD XX billion by 2033. This growth is attributed to the country’s skilled English-speaking workforce and comparatively lower labour costs. Despite competition from other popular outsourcing destinations […]
Thai businesses urge incoming government to reassess minimum wage hike
The Thai private sector, inclusive of prominent corporations, SMEs and small enterprises, called on the coalition government to reconsider its campaign promise of increasing the minimum daily wage to 450 baht ($13.5). They argue that labour costs already account for about a quarter of total expenses, especially for SMEs. This proposed hike would, therefore, compound […]
Thailand’s labour market improves significantly in Q1 2023
Thailand’s labour market experienced notable improvement in the first quarter of 2023, with 98% of the labour force now employed, according to the National Statistical Office (NSO). Data revealed that of the 58.8 million people aged 15 and over, 40.3 million or 68.5% participated in the labour force, with 39.6 million or 98% employed. NSO […]
IT executives urge political parties to prioritise human resource development
IT executives in Thailand are calling on political parties to focus their IT policies on human resource development, equipping people with future skills, and preparing the country for a digital economy to generate more jobs. Thanachart Numnonda, executive director of IMC Institute, stressed the importance of upskilling and reskilling the workforce for the future. Sarun […]
Thai employers focus on flexibility, neglecting well-being and skills development
A recent Mercer Global Talent Trends Study reveals that while employers in Thailand are making progress in offering flexible work arrangements, they are falling behind in addressing employee well-being and skill development. The study highlights that 61% of Thai employers offer flexible work options, surpassing Asia’s average of 50%. However, only 13% provide crisis management […]
Thailand’s super-aged tackle hotel staff crisis
Thailand’s hotel industry is grappling with a worsening staff shortage. The industry traditionally relied on a steady influx of young workers, but the post-Covid world is seeing many fresh graduates drawn to other sectors. Meanwhile, Thailand is forecast to become a “super-aged” society by 2029, with over 20% of the population aged 65 and above. […]
IHG Thailand launches initiative to employ more people with disabilities
IHG Hotels & Resorts is partnering with Steps, an organisation focused on empowering employers to unlock the potential of neurodivergent individuals. This year, five IHG hotels in Bangkok will participate in a programme to become ‘disability inclusion ready’. The initiative includes workplace accessibility plans, disability training, inclusivity champions, recruitment and onboarding of disabled employees, and […]
Thai workforce must adapt to tech changes and upskill: ManpowerGroup
Thailand’s workforce needs to adapt to rapidly changing technology and invest in upskilling to stay competitive globally, according to ManpowerGroup. The country’s labour market is facing pressure from increasing use of digital technologies and automation, which will significantly impact a broad range of industries. This is expected to result in job losses, particularly in roles […]
