Despite China's population of 1.3 billion, a critical talent shortage has multinational corporations struggling to retain their management and employees. A new White Paper by Manpower Inc., a world leader in the employment services industry, examines this paradox and offers insight to help multinationals improve their talent management strategies in China.
China International Institute of Multinational Corporations (CIIMC) and Dun & Bradstreet Corporation of the United States (D&B) have launched the registration process of enterprises' international credit rating in China.
The Asia Pacific region offers the strongest growth potential and opportunities in the next five years for Direct-to-Home (DTH) service providers, particularly multisystem operators (MSO). DTH video is the flagship service to establish a foothold in previously underserved emerging markets. By achieving economies of scale and providing quality local content, service providers can capture a huge and profitable consumer base.
Companies in China are struggling to retain their professional and support staff, and face either having to pay higher salaries or excessive recruitment costs, according to research by Mercer Human Resource Consulting, a global leader for HR and related financial advice and services. A survey of over 100 organizations in China, many of which are multinationals, shows that 54% have experienced an increase in turnover for professional staff since last year, while 42% have reported higher turnover for support staff.
Honda Motor Co., Ltd. has published its Annual Report to Shareholders for the year ended March 31, 2006. In his detailed review of the year, Takeo Fukui, President and Chief Executive Officer, is pleased to report that "Fiscal 2006, which ended March 31, 2006, was the first year of Honda's new mid-term business plan, launched in April 2005. During the year, we strengthened our position in each business and region and enhanced local operations.
The Japan External Trade Organization (JETRO) today released a summary of its 2006 White Paper on International Trade and Foreign Direct Investment (FDI).
JETRO's monthly survey of Japanese companies and affiliates operating in 12 countries/regions of East Asia revealed that current sentiment remained subdued in the ASEAN region, while continuing strong in mainland China in August.
