In a significant move that underscores the changing landscape of global industry, Japan’s Panasonic Holdings has announced plans to reduce its workforce by 10,000 employees. The decision, made public on Friday, is part of a sweeping structural reform aimed at reshaping the company for the future. The company said the cuts will be implemented mostly […]
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As tensions between India and Pakistan reach a critical point, the ripple effects are being felt not just in geopolitical circles—but in the everyday lives of thousands of travelers, families, and workers across the region. Under the shadow of Operation Sindoor, 27 airports across northern, western, and central India have been shut down until 5:29 […]
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JAKARTA: A new government initiative meant to protect Indonesian workers from mass layoffs is being met with anxiety—not from workers, but from business owners themselves. President-elect Prabowo Subianto’s recent announcement of a layoff task force has sparked unease among employers, particularly those in labour-heavy industries like textiles and manufacturing. While the task force is being […]
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February 2: The Engineering Export Promotion Council (EEPC) India has hailed the Union Budget 2025-26 as a bold, inclusive, and growth-oriented roadmap that reinforces India’s economic ambitions. EEPC India Chairman Pankaj Chadha commended the government’s unwavering commitment to infrastructure development, with a record-breaking capital expenditure of ₹11.21 lakh crore for 2025-26. This robust public spending […]
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Foreign workers holding an Employment Pass (EP) in Malaysia should take note of the updated regulations that will affect their stay in the country. The Malaysian Immigration Department has introduced new procedures requiring employers to submit a ‘change of category letter’ when adjusting the Employment Pass categories for foreign nationals. Effective January 1, 2025, employers […]
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