Search Results for: Malaysia

MOST of East Asia’s dynamic economies have traditionally relied on expats and there are no readily discernible signs that this is decreasing.

In Vietnam, which has been benefitting from production lines migrating from China amid rapidly rising labour and land costs there, increasing the number of expats six-fold since 2004 to almost 100,000 in 2016, the shortage of engineers and managers can be seen throughout most sectors.…

THE EAST and south-east Asia HR sector is feeling the heat more than ever to plug the region’s gaping gender pay gap in the wake of a new initiative – launched on the fringes of the UN general assembly in New York last week (September 18).…

IMPROVING productivity and upskilling Malaysia’s public servants are key targets ahead of the country’s journey to a high-income nation by 2020, according to the government.  However, an HR expert urged the government to overhaul the national curriculum with public service improvements in mind for any meaningful skills improvements to take place.  …

SMALL and medium enterprises (SMEs) who make up 97% of all businesses in Malaysia (according to Govt data) are facing increasing growing pains – in terms of attracting and retaining talents due to digitalisation, experts say.

Nearly 63% of CEOs in Asia (including Malaysia) cited ‘critical skills shortage’ as one of the top people challenges their companies were facing, Prashant Chadha, US – based HR consultancy Aon Hewitt managing director for Malaysia & Brunei told People Management – quoting from Aon Best Employers 2016 study.…

AS Singapore’s talent shortages begin to impact on business prospects, new opportunities are emerging for HR to play a lead role in aligning workforce planning with business strategy.

A recent report (released August 17) by the talent outsourcing firm KellyOCG, conducted across Singapore, India, Australia and Malaysia, found the majority of senior ‘C-suite’ level executives (61%) expected talent shortages to have a negative impact on their business going forward.…

THE Thai government will enact new labour laws on January 1, 2018, among the most draconian changes being that business operators using services from unregistered brokers to seek illegal migrant workers can be subject to human trafficking charges punishable by a jail term of between three and 10 years and/or a fine of THB600,000 to THB1 million (USD18,100-USD30,000) per worker.…

INDONESIAN textile factories must improve their production of motif designs and colours to satisfy domestic consumers and boost local sales, said textile retailers at south-east Asia’s busiest garment and textile market in Jakarta’s Tanah Abang district. “We expect producers make more unique textile motifs, so customers will have more choices, which they will like,” said Eryanto, a trader who has been working for about 11 years at the Arjuna Bombay textile shop at Tanah Abang Block A market.…

THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed earlier this month at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…

HONG KONG and Saudi Arabia has struck an agreement on avoiding double taxation so any Saudi Arabian tax paid by Hong Kong companies will be credited against tax payable on the same profits in the special administrative region. The same would apply to Saudi companies paying tax in Hong Kong.…

A MAJOR international anti-counterfeiting action ‘Operation Renegade’ did not just seize more than 70,000 counterfeit auto spare parts, oil and air filters, grills, and fuel pumps, and nearly 600 cylinders of chlorofluorocarbon (CFC) refrigerants, it yielded valuable anti-smuggling and counterfeiting information.…