Asian markets are delivering growth three times that of the developed world and that is predicted to continue – and valuations are “reasonable and attractive relative to the rest of the world”.
The key drivers of economic growth in Asia: Increasing consumption driven by rising wealth and consumer spending; A wide range of world-class tech companies; Infrastructure growth driven largely by increasing urbanization; Increasing inter-regional trade, which has benefited from the reduction and removal of tariffs. Asia’s biggest trading partner is now itself. The middle class has grown substantially and is still growing – and this is where the action happens in terms of consumption
The Association of South East Asian Nations (ASEAN) – dominated by Indonesia, Malaysia, Philippines, Singapore, and Thailand – which has formed an effective 10-country trade bloc and is now the world’s sixth largest economy with 8 percent of the global population.
Last January, the World Bank released its Global Economic Prospects report indicating that the Philippines is the fastest-growing economy in ASEAN and is expected to sustain its robust economic growth for the next years. It also topped the US News’ list of best countries to invest in the world.
Vietnam has enjoyed strong economic growth. Since 1990, Vietnam’s GDP per capita growth has been among the fastest in the world, averaging 6.4 percent a year in the 2000s. Despite uncertainties in the global environment, Vietnam’s economy remains resilient. It has set its sights on becoming a developed nation by 2020.
Indonesia: The statistic shows the growth in real GDP in Indonesia from between 2012 to 2016, with projections up until 2022. In 2016, Indonesia’s real gross domestic product grew by around 5.02 percent compared to the previous year.
While Singapore and Malaysia are both mature markets which are extremely fast moving and competitive – Indonesia, Vietnam, the Philippines, and Thailand, are relatively young, emerging markets, where there is great potential for growth. Relative to Singapore and Malaysia, these are large markets which are experiencing high growth with little competition.
Why is South East Asia a great place to work in?
Sitting in a meeting with people from various nationalities really changes your perspective of a business meeting. The dynamics at play working in a cultural melting pot, and the wide range of nationalities we meet on a daily basis really allow you to hone communication, influencing, and negotiation skills. Solving business problems with a plethora of cultures and backgrounds is truly rewarding.
Datum Recruitment Services is a Global Executive Search firm now expanding its geography to the developing countries of Southeast Asia; where we have closed senior finance, sales, IT and technical roles placing both local and expat talent.
We are currently hiring for executive jobs in Vietnam and Laos. Connect with us on http://www.datum-recruitment.com/
At Datum Recruitment Services, customer satisfaction is a factor that helps us stand out and is taking our brand places. It is a point of differentiation.
We believe customer satisfaction doesn’t just impact the business’ bottom line, it also impacts team morale and retention rate.
To us, customer testimonials are an effective tool for as they provide us with a metric and feedback that we can use to manage and improve our services, have an actionable insight to create a better customer experience and delivers tangible data that can be used to make better business decisions.
There is great satisfaction in knowing you have done your job well and met your clients’ expectations. We are extremely motivated to do better when we receive glowing testimonials and acknowledgment from a satisfied client.
Become our next happy client. Connect with us for your global executive search needs on http://datum-recruitment.com/
Feel free to download our case study from ppt163bird
Datum Recruitment Services, premier executive search agency for Africa and emerging markets are now on the way to become recruitment Specialists within the waste management and recycling sector.
Learn more about a career in Waste Management with a leading provider of integrated environmental solutions with us on http://www.datum-recruitment.com/jobs-in-africa
Today 8 March 2018 being International Women’s day is a great day to think about why hiring more women in the workplace is a great idea.
CEOs across the globe are focused on talent diversity and the inclusion of women managers. Large organizations are actively trying to recruit more women and organizations said they have aligned their diversity and recruitment strategies.
As per a report from Pwc, more and more CEOs regard talent diversity and inclusion as vital to their organisation’s ability to drive innovation and gain competitive advantage. And as businesses across the world inject greater urgency into their gender diversity efforts, there is an intensifying focus on hiring female talent. In fact, 78% of large organisations are actively seeking to hire more women – especially into more experienced and senior level positions.
According to research from McKinsey & Company, published in January 2018, gender diversity on executive teams is strongly correlated with profitability and value creation.
As per Sonru, The paper, “Case for Investing in Women” by the Anita Borg institute outlines the huge difference that women make in the workforce, especially when they’re in leadership or senior roles.
Why companies should hire more women:
- An economist from Carnegie Mellon found that teams that included at least one female member had a collectively higher IQ than teams that had just men.
- When Fortune 500 companies had at least three female directors, several key factors increased: The return on invested capital jumped over 66%, return on sales went up 42%, and return on equity increased by 53%.
- Gallup found that companies with more diversity on staff have a 22% lower turnover rate, and if an organisation has a more inclusive culture that embraces women, it’s easier to recruit a more diverse staff.
- A 2012 study on women’s participation in IT patents found that patents with mixed gender teams were cited 30% to 40% more than similar patents with all-male teams.
- Studies in 17 different countries in all different industries found that across the board, having a larger number of women on a team accounts for greater psychological safety, team confidence, group experimentation, and team efficiency.
For companies to hire more women in top management, they need to:
- Create a culture of open and constructive feedback.
- Invite women leaders to review and revamp processes and systems.
- Acknowledge the unique qualities both genders bring to the workplace.
At Datum Recruitment Services, we believe strongly in inclusive recruitment and appreciate our female team members. Our clients also believe hiring women is good for business and company’s growth and we see the trend of hiring more women is progressively growing.
This Financial Year, we have seen a growth of 23.6% in hiring for women candidates for our international clients across various geographies, roles and sectors.
Are you an ambitious candidate looking for growth or an organization looking for multicultural and transnational leadership talent? Connect with us on http://www.datum-recruitment.com/
(Times of India)
Entrepreneurship is for people who want to innovate, break out of office routines, be their own bosses, and have full control over their destiny and work space. Sure, you want the opportunity to change lives, serve as a role model. You will never be bored but do you know the challenges that entrepreneurship brings?
First, be clear about why you want to start a business and your motivation such as doing something you are good at, your ability to solve problems and an opportunity to make money .Entrepreneurship is not always the rosy life you dream about and to escape from work travails. Meeting few real entrepreneurs and interacting with them will throw insight into how running a business could be never ending work with demanding colleagues, associates, service providers and clients.
Second, assess the financial situation regarding the marketability / saleability of the product/service. Consider the competition and how to make the set up financially viable. No revenues means game over.
Third, having a solid business structure and support stricture focusing on lower cost, fewer resources, networking with other experts and freelancers to create dynamic teams that come together for projects, while remaining independent otherwise. For businesses needing varied skills, the diversity of the team would increase productivity but also bring in conflicts. An entrepreneur should have the leadership capabilities of holding such a team together and working with the differences and clash of ideas and approaches.
Fourth, be prepared to work hard, work long, and work with focus when things go wrong. A successful business can look back and identify the steps it took to get where it stands today. That is the benefit of hindsight. A business must find a way to persist, persevere and plod on. That needs a tremendous amount of positive energy, willingness to learn new things, heightened awareness about the micro and macro view of what is going on and persistent ability to rework.
Fifth, running a business is a demanding task and an entrepreneur has to be on high alert, manage time, and take efforts for feedback, conversations, ideation, and networking. Business environments could be different from our vision what with clients, colleagues, competitors and unexpected crises that shape a business enterprise. Makes sense to choose a venture that you have the energy, competence, resources, and strategy to solve and of course get financial returns for that.
Sixth, even entrepreneurship ventures need solid quick thinking and executing teams, rowing in the same direction, with common goals and vision and willing to work hard, work long hours, multitask and face challenges.
At Datum Recruitment Services, we help early stage, entrepreneurs hire for growth, at a vulnerable time when every new hire can make or break a young venture.
Are you a candidate looking for an opportunity or an entrepreneur looking for highly committed talent, connect with us on http://www.datum-recruitment.com/, Email: email@example.com / 91 9004446702
This new year, we look forward to helping you with your next career move or accelerating your organization’s expansion plans with our recruitment and executive search services.
Connect with us on http://www.datum-recruitment.com/, on Facebook : https://www.facebook.com/datumrecruit, Twitter : http://twitter.com/datumrecruit , LinkedIn page : https://www.linkedin.com/company/datum-recruitment-services/