Bangladesh needs up to 1.5 million new jobs each year for the next 20 years to accelerate economic growth, says the World Bank. Bangladesh along with other South Asian nations has seen steady job growth and a substantial decrease in poverty over the past three decades, according to a WB report. The WB yesterday launched … Continue reading
Accelerating growth in Bangladesh’s per capita income has added nearly 1.2 million new jobs every year and improved job quality between 2000 and 2010. Wage workers have seen their wages — adjusted for price increases — rise by nearly 2 percent a year. Poverty rates among the self-employed have fallen. The quality of jobs, as … Continue reading
Members of the Washington region’s start-up community gather each month and meeting co-organizer Peter Corbett almost always asks the same question: How many of you are looking to hire? Without fail, dozens, if not hundreds, of hands fly into the air. Like so many of their counterparts around the country, the region’s up-and-coming technology companies … Continue reading
Several Saudi citizens have decried an exorbitant hike in recruitment charges by the Sri Lankan manpower recruitment offices and middlemen. They noted that the recruitment offices have raised the charges for hiring housemaids from $3,000 to about $4,000, and that was in clear violation of the agreements signed earlier between the two countries. The citizens … Continue reading
The structure of the economy – as represented by the relative sizes of the various industry sectors – is always changing. Normally the rate of change is so slow we don’t notice it. At present, however, the pace of change is much quicker than usual. These pressures are coming from outside Australia. Many are the … Continue reading
English has been the dominant global language for a century, but is it the language of the future? If Mandarin Chinese is to challenge English globally, then it first has to conquer its own backyard, South East Asia. The assumption that Mandarin will grow with China’s economic rise may be flawed. Consider Japan which, after … Continue reading
Hinting at robust job creation activities through the first half of 2012 in the country, a new survey has found that nearly three-fourth of the employers are bullish on hiring prospects for this six-month period. As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of … Continue reading
In May last year an Australian embassy press release stated that more than 5,000 Pakistani students have chosen Australia as their destination to study. How many of these people actually go abroad to study? The answer is nil. As a resident of Australia I can say that ninety-nine per cent of these so-called students are actually professionals … Continue reading