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Tag: employment

Retail Asia02/06/2023
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Living

Job cuts continue in embattled property sector

5min0
The mass layoffs that began last year amid a market decline continue in the struggling property sector, with major developers and brokerages downsizing their sales teams to survive. Property developer Dat Xanh Group laid off 1,384 people in the first quarter after letting go 3,191 in the previous one. Its brokerage subsidiary, Dat Xanh Services, […]
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Retail Asia31/05/2019
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Automotive

Volvo Cars Could Cut Several Hundred Jobs

2min0
Swedish carmaker Volvo, which is owned by China’s Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.The carmaker, whose number of employees has more than doubled over the past decade to about 43,000, confirmed it was reviewing staff and other costs to ensure its business had the “right skills”. “As a growing […]
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Retail Asia21/01/2019
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Living

Japan offers most overseas jobs for Vietnamese workers

5min0
Japan is expected to receive more Vietnamese workers this year, having become the most attractive labor export market in 2018. Last year marked the first time Japan became the most popular destination for Vietnamese migrant workers with over 68,700 people finding jobs there, beating Taiwan with nearly 60,400 people and South Korea with over 6,500, […]
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Retail Asia31/12/2018
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General

Average New Year bonuses in HCMC up 30 pct

2min0
Average New Year bonus given by HCMC firms to an employee is VND3.4 million ($146), 30 percent higher than in 2018. For the 2019 Roman Calendar New Year, bonuses have been significantly higher than in 2018, Le Minh Tan, director of the HCMC Department of Labor, Invalids and Social Affairs said, citing a survey. The […]
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Retail Asia23/11/2018
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Living

Online hiring in Malaysia fell 8% in Q3

3min1
Online hiring activity in Malaysia fell by 8% in the third quarter, falling behind the performance from one year ago by 14%, according to the third quarterly Monster Employment Index (MEI) report. It said online recruitment in the country could not sustain the strong performance of the previous quarter, continuing a negative trajectory. The report […]
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Retail Asia16/11/2018
Food

Swiggy to engage 2,000 women for food delivery

3min0
Leading food ordering and delivery start-up Swiggy on Tuesday said it would engage about 2,000 women as delivery personnel by March 2019. “About 2,000 women will join our delivery team by March next year. Over the last few months, we have been working on training women for opportunities in this growing food delivery sector,” the city-based online […]
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Retail Asia25/10/2018
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General

Lotte pledges 50 trillion won investment

5min0
Lotte Group announced Tuesday a major investment plan to spend 50 trillion won ($43.9 billion) and hire 70,000 workers over the next five years. “The plan comes in order to normalize management activities, obtain a competitive edge for future growth and contribute to vitalizing the local economy,” Lotte said in a statement. The announcement comes […]
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Retail Asia24/08/2018
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Living

Korea’s Income gap widened again in 2nd quarter

6min0
The income gap in Korea widened again in the second quarter, a serious blow to the so-called income-led growth policy of the Moon Jae-in government, which vowed to narrow the inequality in earnings between the rich and poor. According to data released by Statistics Korea on Thursday, earnings for households in the first quintile of […]
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Retail Asia21/05/2018
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General

Korea’s minimum wage divides Moon’s top economists

5min0
Two of the Moon Jae-in administration’s top economic officials are at odds over the minimum wage increase’s impact on hiring, raising concerns among experts about the government’s future policy direction. “I think the minimum wage increase must have had an impact on hiring and salary,” said Kim Dong-yeon, the country’s minister of strategy and finance, […]
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Retail Asia05/01/2018
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General

50,000 malaysians expected to be laid off in 2018, says report

2min
MORE than 50,000 employees are expected to be laid off this year as reported. The English daily quoted Malaysian Employers Federation executive director Shamsuddin Bardan as saying manufacturing would be the main sector affected, followed by the services (insurance, banking and retail) and construction sectors. He said among the challenges facing the job market were […]
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