Singapore 

22 proposed changes made by the tripartite workgroup on older workers that the Government will fully implement, Singapore News

As PM Lee announced, the Retirement Age will be raised from 62 to 65, and the Re-Employment Age increased from 67 to 70. This is in view of both quantitive measures like Singaporeans’ increasing life expectancy and Healthy Average Life Expectancy (HALE) as well as qualitative feedback from older workers. #3 “The raising of the Retirement Age to 65 and Re-employment Age to 70 should be completed by the end of the next decade (i.e. by 2030).” This recommendation sets a specific deadline for completing the phased increase of both…

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Vietnam 

Việt Nam needs skilled workers for digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers at the 2019 Economic Forum organised in HCM City on Thursday by Forbes Việt Nam, which this year had the theme “Navigating the Digital Age”. VNA/VNS Photo Mỹ Phương HCM CITY — To transition from a natural resources-based labour intensive economy to a knowledge-based economy, VIệt Nam should acquire a high-skilled workforce that can navigate the digital transformation, experts have said.   Speaking at an economic forum in the city on Thursday, Dr Trần Đình Thiên, member of the National Monetary and Financial Policy Advisory Council, said Việt…

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Home 

Shanghai to give foreign workers access to share options for locally-listed firms to attract more funds and talent

Shanghai plans to allow foreigners employed by regional headquarters of multinational companies to receive stock options on the A-share market, part of its bid to become a global financial powerhouse.The step comes as ongoing protests in Hong Kong pose a threat to its status as the region’s established financial centre.The stock options guideline, published Tuesday, aims at encouraging more regional headquarters to be set up in Shanghai. It represents the latest efforts by the mainland’s most… Source link

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Singapore 

Singapore’s foreign domestic workers turning to sport to battle the bulge, Lifestyle, Health, Singapore News

Before Aye Aung made her first trip out of Myanmar to Singapore as a foreign domestic worker, the 25-year-old weighed slightly more than 40kg. But after working in Singapore for just over a year, she has put on some 15kg. “I was very skinny since I was young and people used to call me names. But now I eat much better here. My family will be very surprised and happy to see me getting fatter when I return,” she said. There are some 250,000 foreign domestic workers in the island…

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Vietnam 

Korean investors worry about lack of skilled workers in Bình Dương – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    An official from the Bình Dương Province Department of Transportation answers investors at a regular meeting between them and province authorities. – VNS Photo Thu Ngân BÌNH DƯƠNG — A shortage of skilled workers is among the biggest problems they face, South Korean companies told authorities in the southern province of Bình Dương. At a meeting organised by the province People’s Committee yesterday, executives from many Korean companies expressed worries about it. One said his company had been looking in many places for workers in vain. The shortage…

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Vietnam 

PM Phuc speaks with Japanese businesses about training IT workers – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Visitors at an Internet of Things (IoT) Innovation Hub, the first of its kind in Việt Nam, located in Hòa Lạc Hi-tech Park.  Prime Minister Nguyễn Xuân Phúc called on Japanese technology groups to pour investment in the park during a dialogue in Japan on Friday. VNA/VNS Photo Anh Tuấn HÀ NỘI — Efforts to develop an information technology (IT) workforce were highlighted during a dialogue between Prime Minister Nguyễn Xuân Phúc and representatives of leading Japanese technology groups in Japan on Friday. The dialogue was held during the Prime Minister’s…

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Singapore 

‘Inspired’ by Crimewatch episode, three teens decided to rob sex workers, Singapore News

SINGAPORE – To earn fast cash, three teenagers decided to rob sex workers here after one of them recalled watching crime television series Crimewatch which had a segment on a similar offence. The court heard that Theophileous Jebaraj, 16, John Karan Karunakaran, 18 and a 14-year-old boy were “inspired” to target sex workers as they felt that this was a “safer way of committing robbery”. Court documents did not reveal details about the Crimewatch episode. The two older teenagers pleaded guilty in court on Friday (June 28) to one count…

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Global 

China’s migrant workers worried by dwindling jobs, low pay, as US trade war impact runs deep

On a normal Wednesday afternoon, a migrant worker in his mid-20s from Hubei province is deciding which shirt to buy from a budget shop next to a large electronics factories in Dongguan, one of China’s most prosperous manufacturing cities located in the southern province of Guangdong.Li Zhong opts for a white shirt costing 79 yuan (US$11.5), changing out of the brown T-shirt he arrived in at the shop, with the hope that his new purchase will make him stand out from the crowd during his interview… Source link

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Home 

Huawei orders employees to cut meetings with US, sends American workers home, Financial Times reports

Tech giant Huawei has ordered its employees to cancel technical meetings with American contacts and has sent home numerous US employees working at its Chinese headquarters reported the Financial Times on Friday.The moves come amid growing US-China tensions over trade and technology in which Huawei has been a main target.The newspaper quoted Huawei’s chief strategy architect, Dang Wenshuan, as saying that American citizens working in research and development were repatriated two weeks ago, after… Source link

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Singapore 

Singapore migrant worker’s poem speaks of heartache and struggle, Singapore News

Toiling for long hours for meagre salaries and living in crowded dormitories, migrant construction workers have helped build modern-day Singapore, but remain all but invisible to many in the affluent city state. Now, an award-winning book by a Bangladeshi man is shining a rare light on the lives of labourers who have come in their thousands from poorer parts of Asia in search of a better future. MD Sharif Uddin’s collection of diary entries and poems, Stranger to Myself, describes the ups and downs of his years in Singapore, from…

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