Opportunities to work in Japan

Both the Malaysian national news agency (Bernama) and one of the country's main mainstream newspapers (The Star) are reporting today on JobStreet.com's entry into Japan.

The Star reports that JobStreet Corporation Bhd (JCB) had entered into a 60:40 joint venture with Asian Commission Corporation to form JobStreet Kabushiki Kaisha or JobStreet Japan which will offer employment opportunities in Japan for skilled professionals from South-East Asia.

The newspaper quoted JobStreet.com CEO Mark Chang as saying that JobStreet Japan "could help ease the labour shortage experienced by many Japanese companies." The labour crunch was a consequence of Japan's aging population which had resulted in Japanese seniors working longer and making women enter the labour force.

Japan has also eased its restrictions on foreign workers and this would attract young professionals seeking to gain exposure to the Japanese corporate culture as well as higher salaries.

With the target being junior professionals and fresh graduates from South-East Asia, Bernama quoted Chang: "We are looking for specific group of engineers mainly in electrical engineering." JobStreet Japan will train the successful apprentice in the Japanese language and culture about three months at our training centre in the Philippines.

Here is the link to the story in The Star.

Meanwhile, The Edge Daily reports Chang as saying that JCB expects its proposed transfer to the Main Board to occur by early January.

“Hopefully as a Main Board (entity), maybe the public will have higher confidence and (it would) attract more local funds to invest in JobStreet.” According to Chang, the bulk of investors are Malaysians but almost all its institutional investors are foreign parties.

Originally posted by blogadmin on Friday, 07 December 2007 at 10:58 AM at http://blog.jobstreet.com/