The Indian government is considering recruiting and hiring retired people for part-time work, consulting jobs and mentorship positions in sectors including education and healthcare that are experiencing staffing shortages, according to report in the Economic Times. A senior official said the government was examining measures that encourage businesses to employ retirees through part-time work arrangements […]
China maintained its economic recovery in April, according to the latest economic indicators published by the country’s National Bureau of Statistics. China’s value-added industrial output, an important economic indicator on the supply side, went up 5.6% year-on-year in April, expanding by 1.7 percentage points from the level in March, according to the NBS. Sales of […]
The Malaysian government should reject calls for the employers’ Employees Provident Fund (EPF) contribution to be increased to 20%, saying such a move will be counter-productive, according to the Small and Medium Enterprises Association of Malaysia (Samenta). “We urge the Cabinet to reject this opportunistic demand by that fringe workers group, and instead focus on […]
The Indian government has expanded the scope of its money laundering laws to include individuals representing a company or acting as a director, including their accountants. The amendments to the Prevention of Money Laundering Act, which apply to chartered accountants, company secretaries and cost and work accountants, requires them to keep records of all financial […]
China’s investment in Europe fell to a 10-year low last year, according to a joint report from research groups Rhodium Group and MERICS. They said increasing EU red tape was making Chinese investors more cautious, and they urged the EU to work more closely with China to boost bilateral cooperation in sectors such as the […]
Employees working in free zones and semi-government entities are can now register for the mandatory unemployment insurance scheme. The Ministry Of Human Resources & Emiratisation announce the changes to the scheme, which came into effect on January 1, 2023 and was made mandatory for employees in the country. However, semi-government entities and free zone employees […]
Growth in India’s services sector accelerated in April, as strong demand resulted in the fastest increase in new business in almost 13 years, the latest S&P survey has found. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April, representing the fastest growth in output […]
The value of China’s digital economy hit 50.2 trillion yuan ($7.25 trillion) in 2022, some 41.5% of GDP, according to a new report on the country’s digital development. The report, by the Cyberspace Administration of China, was launched at the 6th Digital China Summit, which took place recently in the city of Fuzhou in East […]
CTOS Data Systems and SBH Corporate Group have signed a deal to promote a series of financial wellbeing roadshows across Malaysia. The tie-up will see SBH Financial Consultancy join the growing number of CTOS partners that promote various financial education programmes. On top of that, SBH Financial Consultancy will now be able to offer their […]
