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APAC Market Intel - February Edition

by Simon Mortlock, eFinancialCareers

Market Intel EMEA
Market Intel N.America
Market Intel EMEA
Market Intel N.America

Welcome to the latest edition of our Asian Market Intel, brought to you by Simon Mortlock. Below you can watch Simon's February market commentary and read the latest recruitment news.

Watch Simon's latest market commentary

Banking News

  • Morgan McKinley: Employers in Hong Kong braced for talent exodus as professionals seek more money by moving jobs - Yahoo Finance

  • Standard Chartered plans hiring spree in Hong Kong as city reopens to China - CNN

  • HSBC has been cutting headcount in Hong Kong, growing in China - eFinancialCareers

  • JPMorgan Cuts About 30 Investment Banking Jobs in Asia Pacific - Bloomberg

  • Standard Chartered to boost Hong Kong staff as it turns bullish on Greater Bay Area, green finance, CEO Mary Huen says - SCMP

Tech / Fintech News

  • Demand for tech talent in Singapore remains strong despite recent layoffs by tech companies. - Digital News Asia

  • HKSTP Kicks off “Talent Game On 2K23” Programme to Usher a Golden Era of Innovation & Technology - businesswire

  • EV charging technology start-up Halo Energy plugs into Hong Kong Science Park as launch pad for global expansion - SCMP

  • Hong Kong risks an irreversible tech brain drain - EastAsiaForum

  • Although some of the world’s biggest tech firms have announced mass layoffs, the local demand for tech talent will remain

  • high - CNA

  • Singapore's big 4 digital banks: Who are they hiring? - eFinancialCareers

  • Can ChatGPT Write Job Descriptions Better Than You Can? - HRexchange

  • Multiple-entry visa scheme for professionals from mainland China to boost Hong Kong’s innovation and technology hub ambitions, experts say - SCMP

  • Shopee looking to create over 2,000 jobs in Malaysia in setting up cloud services & a new logistic warehouse. - Human Resource Online
  • Global crypto retrenchment persists with over 2,000 jobs lost in 2023 - The Business Times

General News

  • Hong Kong needs ESG talent, but what makes someone qualified? - SCMP

  • Hong Kong securities regulator to add virtual asset personnel to boost crypto supervision - SCMP

  • Salaries in SEA are expected to increase by 4.7% for 2023 compared to 2022, with tech and finance set to lead the way - The Edge

  • LinkedIn lays off recruitment staff globally as hiring slows, declines to say how many in Singapore were affected. - The Straits Times

  • What Will the Future of Work in Asia-Pacific Look Like?Emphasis on Health and Wellness, Upskilling talents, Workplace culture - HRexchange

  • McKinsey Plans to Eliminate About 2,000 Jobs in One of Its Biggest Rounds of Cuts - Bloomberg

  • Malaysian employees can expect 3%-20% salary adjustments in 2023 depending on industry, says Randstad - The Edge Markets

  • Hong Kong 2023-24 Budget: Highlights for employers and HR leaders - Humanresourcesonline

  • Hong Kong companies among world's most aggressive in hiring new talent, study says - SCMP

  • 3 in 5 Hong Kong employers worried about losing staff - HumanResourcesDirector

Other News

  • PayPal is trimming 7% of its workforce (2000 jobs) in an exercise to cut cost globally - The Straits Times

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