APAC Market Intel - February Edition
by Simon Mortlock, eFinancialCareers
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
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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