Job Market in Malaysia Thrives with 65% Increase in Retail Hiring: foundit Insights Tracker ACN Newswire

Job Market in Malaysia Thrives with 65% Increase in Retail Hiring: foundit Insights Tracker

KUALA LUMPUR, Feb 1, 2023 - (ACN Newswire via SEAPRWire.com) - Malaysia recorded a robust 21% year-on-year growth in e-recruitment activity in December '22 compared to the same month a year ago, according to the foundit Insights Tracker (fit), formerly published as Monster Employment Index (MEI). The growth is attributed to the country easing travel restrictions and opening its borders. The company Monster APAC & Middle East was rebranded as foundit in 'December 2022. The Index stands at 76 with 3% month-on-month growth, driving a spree in hiring activity in December '22. According to fit, the job market has shown noteworthy growth month over month, projecting a continuous demand in the job market. Moreover, over the last three months, there has been a robust 10% growth in hiring across sectors, indicating a persistent demand in the labour market. The retail industry experienced an impressive 65% increase in hiring activity year-over-year, primarily due to robust retail sales and an upward trend in consumer sentiment. The easing of Covid rules and regulations, fast-growing retail business, along with borders reopening to boost import/export and resume travel have aided the boost in retail jobs. Similar trends were observed in the hospitality sector, where job demand increased significantly by 55%. With a 34% increase in hiring activity, the BFSI sector also maintained its upward trend. Commenting on job trends for December 2022, Sekhar Garisa, CEO, foundit APAC & ME, said, "The job market in Malaysia is showing strong and sustained demand, as reflected in the impressive growth numbers reported by the foundit Insights Tracker. This is a testament to the country's success in easing travel restrictions and reopening its borders, which has led to a surge in demand across various sectors, particularly in retail, hospitality, and BFSI. The overall picture is of resilience and growth, even though some sectors have experienced difficulties due to global economic uncertainty. We believe that this trend will persist in the upcoming months."Other sectors that showed encouraging growth in December '22 are Logistic, Courier/ Freight/ Transportation, Shipping/ Marine (+32%), Oil and Gas (+1%), Production/Manufacturing, Automotive and Ancillary (+2%) and Engineering, Construction and Real Estate (+2%) sector from the year-ago level. The advertising, Market Research, Public Relations, Media and Entertainment industry also saw tremendous growth (+15%) in December 22, led by a surge in digital marketing initiatives and artificial intelligence (AI) deployment. While the Index reflects a year-on-year hiring dip in IT, Telecom/ISP, and BPO/ITES by 13%, the monthly hiring demand in the sector has seen a notable increase. However, hiring in this sector has slowed in recent months, primarily due to ongoing global economic uncertainties.Online recruitment surpassed the year-ago level in 8 of the 9 occupation groups monitored by the tracker, with Hospitality & Travel leading the charge at (+212%). This is due to the opening of land and air borders as the country has completely eased out of the Covid-19 pandemic and opened its land borders with Singapore. This factor has also contributed to the positive growth in Sales & Business Development job roles (+28%). The increased penetration of digitization across all sectors, followed by a pickup in Finance & Accounts (+29%) roles, registered an increased demand and has maintained resolute growth rates since April '21. However, among all monitored functions, customer service is the only one to have registered a de-growth of 17% in December '22. The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide. Period for the report The period considered for the foundit Insights Tracker (fit) data is 1st to 31st December, 2022. About foundit - APAC & Middle East foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and precision hiring. foundit strongly believes that a job title doesn't define one's potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.To learn more, about foundit in APAC & Gulf,Visit: www.foundit.my | https://www.foundit.in| https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.ph | www.foundit.com.hk | https://www.foundit.id Contact:Namrata SharmaNamrata.sharma@adfactorspr.com+6581383034 Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Job Platform Monster Transforms to an End-to-end Talent Management Platform; Reinvents Itself as foundit ACN Newswire

Job Platform Monster Transforms to an End-to-end Talent Management Platform; Reinvents Itself as foundit

SINGAPORE, Nov 23, 2022 - (ACN Newswire via SEAPRWire.com) - Monster.com, leading global job search portal, today announced a significant milestone in its journey as it transforms to a full-fledged talent platform. Starting today, Monster will be known as 'foundit' with a new logo and vision, ushering in a new revolution in the job market. Left to Right: Sekhar Garisa, CEO- foundit.in (previously Monster), Ajit Isaac, Non-Executive Chairman - Quess Corp and foundit.in, and investor Mohandas Pai unveil Monster's new identity as 'foundit' in Asia Pacific and the Middle EastSynonymous with recruitment, Monster has been serving more than 70 million job seekers and 10,000 customers spread across 18 countries. As the Company now transforms itself to an end-to-end talent platform, it will offer comprehensive solutions to recruiters and highly personalised and contextual services to job seekers across Asia Pacific and the Middle East. The transition is in line with the company's mission towards connecting the right talent with the right opportunities. Speaking at the new brand unveiling event, Sekhar Garisa, CEO, foundit (previously Monster) said, "Technology is leading disruption across sectors and Talent Acquisition is no exception. The pandemic has fundamentally changed the way we work and the way we hire. We have been privileged to witness the talent acquisition landscape evolve over the last three decades, giving us an unparalleled depth of insights into recruitment. The platform of the future needs to cater to a highly dynamic job market, skill-based hiring & changing expectations from career. We are excited to unveil a new direction for Monster from simply facilitating job and candidate discovery to enabling significantly better talent management outcomes."Commenting on foundit's role in realising its parent Quess Corp's future-forward strategy, Mr. Ajit Isaac, Founder and Non-Executive Chairman of Quess Corp and foundit, added, "Over the last 15 years, Quess has always been known for its service led offerings that have won the confidence of its associates and customers alike. As an institution, steadfast on our commitment to formalise jobs, we have been focusing on building a product-led portfolio that can help democratise access to formal employment across White, Blue and Grey collar workers. We acquired Monster APAC & ME with a vision to transform white-collar talent acquisition. Over the last couple of years, organisations experienced everything from the Great Resignation and the Great Regret leading to mass hiring at an unprecedented pace. But now as the market settles, hiring is going to be a lot sharper, focused and skill based. Such precision can only be achieved through the combination of human ingenuity and technology, and this is what we have to offer our recruiters and job seekers through foundit."In 2018, Quess Corp acquired Monster Worldwide's APAC & ME businesses as a strategic investment to strengthen its HR services portfolio, and has been operating in Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, India, UAE and Saudi Arabia. In 2021 Monster raised USD 18 Million in a funding round led by investors Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments to fuel its product led offerings and market expansion. As part of its brand evolution, foundit is placing renewed focus on the users of the platform to bring forward the perfect career experience. By leveraging disruptive technology such as AI and ML for precision hiring to superior UI, the company aims to offer recruitment solutions unrivalled by any other player in the market. One of the key features that job seekers can look forward to is personalised job discovery. With foundit's customised search results feature, candidates will receive results and recommendations that are curated to their educational background, employment experience & validated skills. Other features include community lead mentorship marketplace, skills validation through assessments, mobile first UI, personalised recommendations, and self enhancement tools like upskilling courses. As the market leader in offering recruitment solutions to the best in business, foundit is transforming into a platform that reflects and adapts to the diversity of the SEA job market. For recruiters, it will offer the richest data set for each candidate along with insights & analytics that will make the process efficient as well as customized for each role requirements. The new interface and features allow for seamless and smart interaction between recruiters and candidates. About foundit in APAC & the Middle East foundit, formerly Monster, is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has been assisting over 70 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep-tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn't define one's potential and leverages technology to dig deeper to curate opportunities central to the needs, aspirations, and dreams of each user. To learn more, about foundit in APAC & Gulf, visit: www.foundit.sg | www.foundit.my | www.foundit.id | www.foundit.hk | www.foundit.com.ph | www.founditgulf.com | www.foundit.in Contact:Neha Nayyar: neha.nayyar@monsterindia.com Namrata Sharma: namrata.sharma@adfactorspr.com +65- 81383034 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Corinium presents: CISO Healthcare APAC Online ACN Newswire

Corinium presents: CISO Healthcare APAC Online

Singapore, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Exclusively designed for today's healthcare InfoSec leaders to compare their strategies and to learn, network with forward-thinking peers, to discuss how the healthcare industry can use information security to reform and revolutionise the patient experience.Taking place across two days, this online event delivers the content you cannot find anywhere else. Are you ready to accelerate your data and analytics journey?The conference will cover a range of cutting-edge case studies and issues tackled will include data governance, data privacy and consent!CISO Healthcare Online APAC provides the unique opportunity to connect, learn, and do more business, effectively, safely and with confidence.Join us, 22-23 November, for over two action-packed days and the event will bring together infosec leaders from key healthcare providers across the region!2022 Key Themes: - Threats to Healthcare Information Exploring the vulnerabilities of information system in healthcare through case studies and what was done in the past to mitigate risks- Digitalisation of Healthcare Exploring the risks and benefits of digitalisation and virtual care services, and how to deploy them securely- Cybersecurity as a Shared Responsibility Supporting and educating healthcare workers on ways to keep information safe and steps to respond to an attack- Building a Resilience Healthcare Information System Preparing your security plan, process, and governance by taking into account new risks and threats and implementing different strategies to safeguard vulnerabilitiesClaim your FREE place today! We cannot wait to host you online during the event for two days of learning, sharing, and networking!For Further details regarding this event, visit our websitehttps://cisohealthcare.coriniumintelligence.com/ You can contact us at: info@coriniumintel.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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