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Saudi Arabia’s efforts to liberalise its society and economy are positively affecting the local beauty market. Ever since the global plunge in oil prices that led to the shrinking of the state’s budget, the kingdom’s government has embarked upon major economic reform.…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

HUMAN resources experts in Asia have challenged the widely-held belief that recruiting more and more younger ‘digital natives’ who grew up in the Internet age is the best answer to technological developments completely transforming traditional work environments.

Personnel specialists in the tech-innovation-driven economies of Singapore, Hong Kong and Malaysia believe that an older more experienced workforce might actually be more beneficial to organisations mastering digital development challenges.…

MORE could be done by the Indonesian government to improve the opportunities for job seekers as unemployment figures continue to rise, say HR experts.

While the IT sector is set to drive the economy forward, the skillsets of local would-be employees are still lacking and a push is required towards stepping up education levels, they warned.…

HUMAN Resources experts across east and southeast Asia need to rethink what can be overly-automated hiring processes, lacking in personal touch, say some experts. Indeed, there is a need to rehumanise the candidate experience, according to a new study which found that too much automation puts off prospective candidates rather than attracts them.…

CHINA’S imposition of temporary safeguard duties to protect its sugar industry have been challenged at the World Trade Organisation (WTO), with sugar giant Brazil arguing Beijing’s tariffs break global commerce rules. In a signal that Brazil might be considering launching a disputes case against China, diplomats for the South American country told a WTO safeguards committee meeting that the duties broke the WTO agreement on safeguards and the general agreement on tariffs and trade (GATT). …

PANAMA has been reforming its anti-money laundering (AML) regulations at a rapid rate as it tries to change perceptions of the country as a hub of money laundering and tax evasion. However, with serious loopholes remaining and grave doubts over its lack of investigative capacity, it remains some way from shedding its unwanted reputation.…

SINGAPORE may be a global hub for business but the city state’s ministry of manpower is keen to ensure that its employers consider Singaporeans fairly for local jobs when recruiting. And currently there are nearly 300 companies placed on a government watchlist for not doing so, a ministry spokesperson told People Management.…

DUBLIN-based accountancy firm BDO is planning to start a new EUR100 million investment fund to assist fast expanding mid-sized Irish companies in unlocking further growth opportunities. This will be the successor fund to an already existing BDO Development Capital Fund (DCF) worth EUR75 million.…

THE ARAB Spring, for all its faults, inconsistencies and disappointments, has delivered the world one thriving open and pluralistic Arab society – Tunisia – where women especially have seized new freedoms and spending power. This is reflected in spending on spa and salon services in the country, where, according to market researcher Euromonitor International, in the year of the 2011 Jasmine Revolution the turnover of the Tunisian spa sector was just USD32.4 million.…