HP is a leading global provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing. Our $4 billion annual R&D investment fuels the invention of products, solutions and new technologies so we can better serve customers and enter new markets. We invent, engineer and deliver technology solutions that drive business value, create social value and improve the lives of our customers.
Requirements:
Formal IT qualification - Cisco Certified Network Associate, CCNA (CCNP, CCDA or CCDP will be added advantages). (Depends Job Requirements)
Those without Cisco certification but have relevant practical experienced in managing LAN/WAN enterprise networking are strongly encourage to apply. (Depends Job Requirements)
Minimum of 2 years technical knowledge of the applicable platform that you will be responsible for: Network management - WAN, LAN, Firewall, Voice over IP (VOIP). Minimally, experienced in Enterprise WAN, Cisco skills, high end switches/routers, other WAN equipment and monitoring software skills
Must be able to demonstrate troubleshooting and problem solving skills
Excellent understanding of ITSM\ITIL processes
Must be a Service and Customer oriented team player. Flexible, self motivated with the ability to work under pressure in an International and culturally diverse organization
Must posses the ability to prioritize and perform multiple tasks
Good motivational skills plus verbal and written communication skills, strong command of English Language. Fluent in local languages advantageous. Strong interpersonal and telephone skills
Strategic thinker with a positive attitude, initiative, proactive personality, able to work under pressure in a fast-paced environment and have good analytical skills. (Depends Job Requirements)
Shift work 24 x 7 (also have to be shift flexibility or willing to work in odd hours to support the customer if needed) (Depends Job Requirements)
Wednesday, August 5, 2009
Network Engineer for HP
HP is a leading global provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing. Our $4 billion annual R&D investment fuels the invention of products, solutions and new technologies so we can better serve customers and enter new markets. We invent, engineer and deliver technology solutions that drive business value, create social value and improve the lives of our customers.
Requirements:
From a technical perspective you must be able to demonstrate experience in the following areas:
Troubleshooting and resolving firewall, WAN, LAN, DNS, caching and network security issues
Administering TCP/IP LAN’s (VLAN routing, VTP, Spanning Tree)
Administering large-scale and complex WAN networks
Troubleshooting skills in Cisco Routers and Cisco Pix
Diagnosing network problems and maintaining network security
To be successful in the role, you must have strong knowledge of TCP/IP protocols, firewalls, networks – routers, L2 and L3 switches, gateways and networking servers. A familiarity with Cisco networking products is essential. Experience in HP ITO and HP Openview, HP Procurve switches and knowledge of encryption and Virtual Private Networks would be a distinct advantage.
Our ideal candidate will:
Hold Cisco Certification to at least Network Associate (CCNA) level
Have an excellent understanding of IT Service Management (ITSM) and IT Infrastructure Libraries (ITIL) processes.
This is a high-paced customer service environment, you must be used to working under pressure and be able to prioritize multiple tasks effectively and have excellent problem analysis and management ability.
Your communication skills will be the key to your success.
Fluency in English is essential, as is your willingness to work shift arrangements.
Requirements:
From a technical perspective you must be able to demonstrate experience in the following areas:
Troubleshooting and resolving firewall, WAN, LAN, DNS, caching and network security issues
Administering TCP/IP LAN’s (VLAN routing, VTP, Spanning Tree)
Administering large-scale and complex WAN networks
Troubleshooting skills in Cisco Routers and Cisco Pix
Diagnosing network problems and maintaining network security
To be successful in the role, you must have strong knowledge of TCP/IP protocols, firewalls, networks – routers, L2 and L3 switches, gateways and networking servers. A familiarity with Cisco networking products is essential. Experience in HP ITO and HP Openview, HP Procurve switches and knowledge of encryption and Virtual Private Networks would be a distinct advantage.
Our ideal candidate will:
Hold Cisco Certification to at least Network Associate (CCNA) level
Have an excellent understanding of IT Service Management (ITSM) and IT Infrastructure Libraries (ITIL) processes.
This is a high-paced customer service environment, you must be used to working under pressure and be able to prioritize multiple tasks effectively and have excellent problem analysis and management ability.
Your communication skills will be the key to your success.
Fluency in English is essential, as is your willingness to work shift arrangements.
Network Engineer Wanted
Jabil Circuit is a global leader in the Electronic Manufacturing Services industry, offering innovative services and solutions to world leading electronics companies. For nearly four decades, Jabil is one of only 15 Fortune 500 companies growing revenue, operating income and earnings per share at a compound annual growth rate of over 25 percent over the past 10 years. The company's superior operational and financial results flow from an unwavering focus on customer satisfaction and operational execution.
One World. Your Career.
At Jabil, success begins with the contribution of each individual employee. Every employee has the opportunity to make the maximum impact each day - and that makes Jabil a great place to work. Opportunities span every aspect of our business with locations across Asia and in major world markets; Jabil offer employees growth without borders.
Requirements:
CCNP Certification required. Cisco command line experience.
Customer service skills as well as effective communication skills – both verbal and written. Ability to follow written and verbal directions. Skills to design LAN. Experience in using network diagnostic tools, testers, analyzers. Design solutions in a hierarchal manner. Need to know the OSI model. Understand network connectivity concepts. Understand common business applications, i.e. Excel and Word. Elevated understanding of Ethernet. Inventory Tracking. Working knowledge of organization structure. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
One World. Your Career.
At Jabil, success begins with the contribution of each individual employee. Every employee has the opportunity to make the maximum impact each day - and that makes Jabil a great place to work. Opportunities span every aspect of our business with locations across Asia and in major world markets; Jabil offer employees growth without borders.
Requirements:
CCNP Certification required. Cisco command line experience.
Customer service skills as well as effective communication skills – both verbal and written. Ability to follow written and verbal directions. Skills to design LAN. Experience in using network diagnostic tools, testers, analyzers. Design solutions in a hierarchal manner. Need to know the OSI model. Understand network connectivity concepts. Understand common business applications, i.e. Excel and Word. Elevated understanding of Ethernet. Inventory Tracking. Working knowledge of organization structure. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Interior Designer Wanted
N.I. Furnishing Sdn Bhd
We are an interior design and renovation company with head office located in PJU, Kuala Lumpur and also own a furnitures manufacturing factory at Muar, Johor.
In line with our expansion, we are looking an IMMEDIATE motivated and creative interior designer based in Muar and PJU.
Requirements:
Knowledge in AutoCAD,3D Max/CAD/Intericad, Adobe Photoshop, Illustrator & etc.
Creative, fast, organized & enjoy the challenge of working in a competitive and fast paced environment.
Proven design skills with working experience in Residential/Commercial/Retail project.
Able to conceptualize, space plan, detail design, assist in many aspects of design development and site implementation.
Excellent time management skill and able to meet deadlines.
Junior Interior Designer is also encouraged to apply.
Besides the basic salary, our company also provide medical, petrol and phone allowances.
Applicants are invited to submit a detailed RESUME with your qualification, working experience, present and expected salary and contact details BY EMAIL:
nifurnishing@ymail.com or call Mr Tan by 012-6080990 for an arrangement of walk-in interview.
We are an interior design and renovation company with head office located in PJU, Kuala Lumpur and also own a furnitures manufacturing factory at Muar, Johor.
In line with our expansion, we are looking an IMMEDIATE motivated and creative interior designer based in Muar and PJU.
Requirements:
Knowledge in AutoCAD,3D Max/CAD/Intericad, Adobe Photoshop, Illustrator & etc.
Creative, fast, organized & enjoy the challenge of working in a competitive and fast paced environment.
Proven design skills with working experience in Residential/Commercial/Retail project.
Able to conceptualize, space plan, detail design, assist in many aspects of design development and site implementation.
Excellent time management skill and able to meet deadlines.
Junior Interior Designer is also encouraged to apply.
Besides the basic salary, our company also provide medical, petrol and phone allowances.
Applicants are invited to submit a detailed RESUME with your qualification, working experience, present and expected salary and contact details BY EMAIL:
nifurnishing@ymail.com or call Mr Tan by 012-6080990 for an arrangement of walk-in interview.
Graphic Designer Needed
TWP Sdn Bhd, an established market leader in the printing industry, invites applications from candidates who dare to be part of a progressive, dynamic and passionate team. The Company’s strong commitment to producing the finest print reflects its belief that printing is like fine art, is a mirror of the richness and vibrancy of life.
Requirements:
Knowledgeable in IT and software eg Adobe, Photoshop, Quark XPress, Illustrator
Work experience in graphic data processing is added advantage
At least 1 year(s) of working experience in the related field is required for this position.
Applicants should be Malaysian citizens or hold relevant residence status
Interested candidates are invited to apply online or submit a detailed resume together with copy of certificates along with a recent passport-sized photograph (n.r.) addressed to:
TWP SDN BHD
No 89, Jalan Tampoi
Kawasan Perindustrian Tampoi
80350, Tampoi
Johor
Tel : 07-2369899 (Ext 1101)
Fax : 07-2363148
Email : ivchin@twpsin.com
Requirements:
Knowledgeable in IT and software eg Adobe, Photoshop, Quark XPress, Illustrator
Work experience in graphic data processing is added advantage
At least 1 year(s) of working experience in the related field is required for this position.
Applicants should be Malaysian citizens or hold relevant residence status
Interested candidates are invited to apply online or submit a detailed resume together with copy of certificates along with a recent passport-sized photograph (n.r.) addressed to:
TWP SDN BHD
No 89, Jalan Tampoi
Kawasan Perindustrian Tampoi
80350, Tampoi
Johor
Tel : 07-2369899 (Ext 1101)
Fax : 07-2363148
Email : ivchin@twpsin.com
Web Designer Wanted
An opportunity has become available for a creative designer to join our young, vibrant team in North Point Mid Valley office.
WMSB is a software house providing premium WMSiteBuilder CMS online solution to their clients .
You will be responsible for designing and building websites across several business categories. You will work with exciting and challenging projects allowing your full range of expertise to be utilized.
We are seeking Graphic & Web Designer that has excellent general all round conceptual design and website building capabilities. The person we are looking for should be confident in their design ability and able to justify the concept and design process applied to reach the end result.
You will have the opportunity to work alongside creative people who want to hear what you have to say and encourage you to bring your ideas to the table.
Requirements:
Candidates must possess strong knowledge in web designing skills in Adobe Photoshop and Illustrator
Knowledge of Macromedia Flash and HTML will be a plus point
Customer-oriented, Self-motivated, good presentation and co-ordination skills
Good communication skills (Fluency in English)
Required language(s): Bahasa Malaysia, English
Business communications, writing and editing skills
Ability to manage projects from start to finish
Fresh graduates/Entry level applicants are encouraged to apply
Full-Time positions available
Applicants should be Malaysian citizens or hold relevant residence status
Applicants must be willing to work in Mid Valley North Point Kuala Lumpur.
Interested applicants are invited to apply online or write-in your detailed resume stating personal particulars, qualification, employment history, remuneration expected, contact number and a passport-sized photograph (n.r.) to:
Wealthmaker High-Tech Sdn Bhd
B-7-4 Northpoint offices, Mid Valley City,
No.1 Medan Syed Putra Utara
59200, Kuala Lumpur, West Malaysia.
For write-in applications, kindly indicate the position applied for on the upper left-hand corner of the envelope
WMSB is a software house providing premium WMSiteBuilder CMS online solution to their clients .
You will be responsible for designing and building websites across several business categories. You will work with exciting and challenging projects allowing your full range of expertise to be utilized.
We are seeking Graphic & Web Designer that has excellent general all round conceptual design and website building capabilities. The person we are looking for should be confident in their design ability and able to justify the concept and design process applied to reach the end result.
You will have the opportunity to work alongside creative people who want to hear what you have to say and encourage you to bring your ideas to the table.
Requirements:
Candidates must possess strong knowledge in web designing skills in Adobe Photoshop and Illustrator
Knowledge of Macromedia Flash and HTML will be a plus point
Customer-oriented, Self-motivated, good presentation and co-ordination skills
Good communication skills (Fluency in English)
Required language(s): Bahasa Malaysia, English
Business communications, writing and editing skills
Ability to manage projects from start to finish
Fresh graduates/Entry level applicants are encouraged to apply
Full-Time positions available
Applicants should be Malaysian citizens or hold relevant residence status
Applicants must be willing to work in Mid Valley North Point Kuala Lumpur.
Interested applicants are invited to apply online or write-in your detailed resume stating personal particulars, qualification, employment history, remuneration expected, contact number and a passport-sized photograph (n.r.) to:
Wealthmaker High-Tech Sdn Bhd
B-7-4 Northpoint offices, Mid Valley City,
No.1 Medan Syed Putra Utara
59200, Kuala Lumpur, West Malaysia.
For write-in applications, kindly indicate the position applied for on the upper left-hand corner of the envelope
Design Architect Needed
We are an established architectural firm providing full services in aspects of Architecture, Urban Planning, Master Planning, Architectural, Building Due Diligence, Refurbishment Works and Interior Design.
In view of our business expansion in Malaysia and Overseas, we are seeking talented and dynamic individual as part of our versatile, multi-skilled practice that places a premium on originality of thought.
We provide opportunities for leading and managing projects, client liaison, travel and training. In addition, we offer great prospects, great overseas projects and financial rewards.
Requirements:
Required skill(s): AutoCad, Adobe Photoshop, Microsoft Office, Sketch-Up, 3D Studio Max
Applicants must posses own transport and willing to work in Damansara Utama, Petaling Jaya.
Good knowledge in construction and specifications will be an added advantage
Good command in both written and verbal English and Bahasa Malaysia. Spoken Chinese Language is advantage.
Applicants should be Malaysian citizens or hold relevant residence status.
Interested candidates are required to submit / fax / e-mail recent
resume stating current and expected salary, contact numbers together
with a passport-sized photograph (n.r.) to:-
Anuar Aziz Architect
61 B, Jalan SS21/37, Damansara Utama,
47400 Petaling Jaya,
Selangor Darul Ehsan.
Fax No : 03-7726 3894
Email : admin@arte-axis.com
Only short-listed candidates will be notified.
In view of our business expansion in Malaysia and Overseas, we are seeking talented and dynamic individual as part of our versatile, multi-skilled practice that places a premium on originality of thought.
We provide opportunities for leading and managing projects, client liaison, travel and training. In addition, we offer great prospects, great overseas projects and financial rewards.
Requirements:
Required skill(s): AutoCad, Adobe Photoshop, Microsoft Office, Sketch-Up, 3D Studio Max
Applicants must posses own transport and willing to work in Damansara Utama, Petaling Jaya.
Good knowledge in construction and specifications will be an added advantage
Good command in both written and verbal English and Bahasa Malaysia. Spoken Chinese Language is advantage.
Applicants should be Malaysian citizens or hold relevant residence status.
Interested candidates are required to submit / fax / e-mail recent
resume stating current and expected salary, contact numbers together
with a passport-sized photograph (n.r.) to:-
Anuar Aziz Architect
61 B, Jalan SS21/37, Damansara Utama,
47400 Petaling Jaya,
Selangor Darul Ehsan.
Fax No : 03-7726 3894
Email : admin@arte-axis.com
Only short-listed candidates will be notified.
Graphic Designer Needed
Colourland Paints Sdn Bhd (483545-K) (hereinafter know as “Colourland”) was founded in year 1999 in Johor Bahru, Malaysia. It produces a range of high quality paints for decorative, protective coatings and heavy duty application with a wide range of beautiful colours for various scope of application.
COLOURLAND started from a humble rented premise and has expanded to its own 1.2acres factory with more than 2,000 dealers and an annual turnover exceeding RM26 million within 3 years. Within this period, COLOURLAND has build a strong reputation in the local and export markets as a manufacturer and distributor of the brand “COLOURLAND” which is widely accepted as a representation of quality, reliability and value products.
COLORULAND with constant technical exchange and a strong research and development team has developed into being one of the major quality paint manufacturers in Malaysia, with a network expanding to Singapore, Brunei, Thailand, Kampuchea, Sri Lanka, Bangladesh, etc.
Requirements:
Able to work independently and resourceful
Creative, meticulous and good in color sense and study
Experience and fast in handling Adobe Illustrator, Photoshop
Knowledge in Flash and web design will be an added advantage
Good benefits, stable income & potential career advancement
Interested candidates are requested to write in with a details resume and enclosed a recent passport size photograph (nr) to:
Colourland Paints (Marketing) Sdn Bhd
Lot 729, 15 1/2 Miles,
Jalan Sungai Tiram
81807 Ulu Tiram, Johor
Tel : 07-8611555
Fax : 07-8611777
Email : recruitment@colourland.com.my
COLOURLAND started from a humble rented premise and has expanded to its own 1.2acres factory with more than 2,000 dealers and an annual turnover exceeding RM26 million within 3 years. Within this period, COLOURLAND has build a strong reputation in the local and export markets as a manufacturer and distributor of the brand “COLOURLAND” which is widely accepted as a representation of quality, reliability and value products.
COLORULAND with constant technical exchange and a strong research and development team has developed into being one of the major quality paint manufacturers in Malaysia, with a network expanding to Singapore, Brunei, Thailand, Kampuchea, Sri Lanka, Bangladesh, etc.
Requirements:
Able to work independently and resourceful
Creative, meticulous and good in color sense and study
Experience and fast in handling Adobe Illustrator, Photoshop
Knowledge in Flash and web design will be an added advantage
Good benefits, stable income & potential career advancement
Interested candidates are requested to write in with a details resume and enclosed a recent passport size photograph (nr) to:
Colourland Paints (Marketing) Sdn Bhd
Lot 729, 15 1/2 Miles,
Jalan Sungai Tiram
81807 Ulu Tiram, Johor
Tel : 07-8611555
Fax : 07-8611777
Email : recruitment@colourland.com.my
Senior Interior Designer Wanted
Team BJ Design & Contracts Sdn Bhd
We are a reputable interior design and construction firm, established since 1990.
We undertake turnkey projects in the residential & commercial sector,
covering interior works & furnishings.
We are currently a growing team urgently recruiting creative individuals.We are a reputable interior design and construction firm, established since 1990. We undertake turnkey projects in the residential and commercial sector, covering interior works and furnishings.
Requirements:
• Competent In Autocad, Photoshop, 3d programmes(added advantage).
• Creative, Meticulous, Independent and Initiative with Good interpersonal skills
Interested Candidates, kindly E-mail your resume & portfolio(if possible) to teambjdesign@gmail.com or via fax 607-3885003.
For immediate interview opportunities, please contact Ms Lim :
019-7776123 or
012-7382598 or
607-3885001
We are a reputable interior design and construction firm, established since 1990.
We undertake turnkey projects in the residential & commercial sector,
covering interior works & furnishings.
We are currently a growing team urgently recruiting creative individuals.We are a reputable interior design and construction firm, established since 1990. We undertake turnkey projects in the residential and commercial sector, covering interior works and furnishings.
Requirements:
• Competent In Autocad, Photoshop, 3d programmes(added advantage).
• Creative, Meticulous, Independent and Initiative with Good interpersonal skills
Interested Candidates, kindly E-mail your resume & portfolio(if possible) to teambjdesign@gmail.com or via fax 607-3885003.
For immediate interview opportunities, please contact Ms Lim :
019-7776123 or
012-7382598 or
607-3885001
Adobe Flash Designer Wanted
Union Vector Group of companies has anchored business in Mobile Technology and Telecommunication devices services. We focus in delivering innovative and value-added applications in the region. In line with our corporate vision and expansion, we invite motivated and enthusiatic personnel to join our team of dynamic crew.
Candidate must possess at least Professional Certificate in Art/Design/Creative Multimedia
Required skill(s): Adobe PhotoShop, Adobe Illustrator, Adobe Flash, Action Script
Optional skill(s) : PHP, MYSQL, AJAX, DHTML, Joomla.
Required language(s): Bahasa Malaysia, English
At least 1 year of working experience in the related field is required for this position.
Preferably Junior Executives specializing in Arts/Creative/Graphics Design or equivalent.
Able to work independently.
Fresh graduates are encouraged to apply.
Suitable candidates are to apply online. Only shortlisted candidate will be contacted for interview.
HR Department
Union Vector Technologies Sdn Bhd
B-7-03, Block B, PJ8 Office Suites
No.23, Jalan Barat, Seksyen 8,
46050 Petaling Jaya, Selangor.
Tel No. : 03-7966 6688
Candidate must possess at least Professional Certificate in Art/Design/Creative Multimedia
Required skill(s): Adobe PhotoShop, Adobe Illustrator, Adobe Flash, Action Script
Optional skill(s) : PHP, MYSQL, AJAX, DHTML, Joomla.
Required language(s): Bahasa Malaysia, English
At least 1 year of working experience in the related field is required for this position.
Preferably Junior Executives specializing in Arts/Creative/Graphics Design or equivalent.
Able to work independently.
Fresh graduates are encouraged to apply.
Suitable candidates are to apply online. Only shortlisted candidate will be contacted for interview.
HR Department
Union Vector Technologies Sdn Bhd
B-7-03, Block B, PJ8 Office Suites
No.23, Jalan Barat, Seksyen 8,
46050 Petaling Jaya, Selangor.
Tel No. : 03-7966 6688
Thursday, June 25, 2009
Medical doctors getting jobless - BBC News 2009
The British Medical Association has warned that 10,000 doctors could miss out on training jobs in the NHS. What could they do instead?
It is not what Robert Thomas had in mind. Despite conquering medical exams for seven years his dreams of becoming a top consultant have been replaced by the prospect of the dole queue.
Despite a glittering academic record he says he has not been offered even an interview for one of the all-important NHS training contracts - and time is running out.
'Miserable times'
The contracts enable junior doctors to train to become GPs or consultants and move on to the next stage in their careers.
As the BMA says many of the 10,000 students will not find contracts this year, the question of what to do instead looms large.
But many young doctors are now so disillusioned with the medical profession they are, like Dr Thomas, considering a career change. Caroline Stones, 26, is searching for one of the training contracts after completing a number of six-month placements since her graduation.
She said: "Not getting a contract will leave a very big gap on my CV. I could work as a locum but there will still be the question of why I wasn't training.
"A lot of people in my position have already got jobs in Australia and New Zealand but I'm not prepared to leave the country. I'm settled here.
"I would be happy to leave the industry altogether. I'm considering retraining and doing something completely different.
"I'm sure there are companies which would want to use my people skills and management skills."
It is not what Robert Thomas had in mind. Despite conquering medical exams for seven years his dreams of becoming a top consultant have been replaced by the prospect of the dole queue.
Despite a glittering academic record he says he has not been offered even an interview for one of the all-important NHS training contracts - and time is running out.
'Miserable times'
The contracts enable junior doctors to train to become GPs or consultants and move on to the next stage in their careers.
As the BMA says many of the 10,000 students will not find contracts this year, the question of what to do instead looms large.
But many young doctors are now so disillusioned with the medical profession they are, like Dr Thomas, considering a career change. Caroline Stones, 26, is searching for one of the training contracts after completing a number of six-month placements since her graduation.
She said: "Not getting a contract will leave a very big gap on my CV. I could work as a locum but there will still be the question of why I wasn't training.
"A lot of people in my position have already got jobs in Australia and New Zealand but I'm not prepared to leave the country. I'm settled here.
"I would be happy to leave the industry altogether. I'm considering retraining and doing something completely different.
"I'm sure there are companies which would want to use my people skills and management skills."
Jobless in UK
The number of people out of work in the UK rose 244,000 to 2.22 million in the first three months of 2009, the Office for National Statistics (ONS) said.
The jobless rate rose from 6.7% to 7.1%. Unemployment benefit claimants in April rose 57,100 to 1.51 million.
The quarterly rises in the jobless rate and number were the biggest since 1981.
The figures were due to be released by the ONS at 0930 BST on Wednesday, but came out at 1400 on Tuesday after an "accidental early release".
The ONS has launched an inquiry into how the early release happened.
"The standout numbers are the big increase in the unemployment rate at 7.1%," said Brian Hilliard, chief UK economist at Societe Generale.
"We had been looking for 6.9% so that is a really sharp acceleration."
In another sign of the severity of the economic slowdown, average earnings including bonuses were 0.4% lower in the first three months of 2009 than they had been in the same period of 2008.
'Pretty awful'
Average earnings had not fallen since records began in 1991. The ONS said it was "mainly due to lower bonuses in the financial sector".
Excluding bonuses, average earnings grew by 3.0%, down 0.2% from the previous period.
"The smaller than expected rise in the UK claimant count in April is good news, but the rest of the labour market figures are pretty awful," said Vicky Redwood from Capital Economics. There were 455,000 job vacancies in the first three months of the year, which was down 51,000 from the previous quarter and 232,000 less than the same period of 2008.
"I fear that the unemployment rate... is certain to deteriorate much further. We're looking at figures of 10% around the turn of the year," Mr Hilliard said. The Employment Minister Tony McNulty conceded that the figures were "very bad", but took some comfort from the slowing rate of increase in the claimant count.
The jobless rate rose from 6.7% to 7.1%. Unemployment benefit claimants in April rose 57,100 to 1.51 million.
The quarterly rises in the jobless rate and number were the biggest since 1981.
The figures were due to be released by the ONS at 0930 BST on Wednesday, but came out at 1400 on Tuesday after an "accidental early release".
The ONS has launched an inquiry into how the early release happened.
"The standout numbers are the big increase in the unemployment rate at 7.1%," said Brian Hilliard, chief UK economist at Societe Generale.
"We had been looking for 6.9% so that is a really sharp acceleration."
In another sign of the severity of the economic slowdown, average earnings including bonuses were 0.4% lower in the first three months of 2009 than they had been in the same period of 2008.
'Pretty awful'
Average earnings had not fallen since records began in 1991. The ONS said it was "mainly due to lower bonuses in the financial sector".
Excluding bonuses, average earnings grew by 3.0%, down 0.2% from the previous period.
"The smaller than expected rise in the UK claimant count in April is good news, but the rest of the labour market figures are pretty awful," said Vicky Redwood from Capital Economics. There were 455,000 job vacancies in the first three months of the year, which was down 51,000 from the previous quarter and 232,000 less than the same period of 2008.
"I fear that the unemployment rate... is certain to deteriorate much further. We're looking at figures of 10% around the turn of the year," Mr Hilliard said. The Employment Minister Tony McNulty conceded that the figures were "very bad", but took some comfort from the slowing rate of increase in the claimant count.
Recession & Jobless
Recession in the US 'has arrived'
Merrill said Friday's employment figures confirmed the recession
The feared recession in the US economy has already arrived, according to a report from Merrill Lynch.
It said that Friday's employment report, which sent shares tumbling worldwide, confirmed that the US is in the first month of a recession.
Its view is controversial, with banks such as Lehman Brothers disagreeing.
But a reserve member of the committee that sets US rates warned that it could do little about the below-trend growth expected in the next six months.
"I am concerned that developments on the inflation front will make the Fed's policy decisions more difficult in 2008," Charles Plosser, president of the Federal Reserve Bank of Philadelphia said.
He was referring to the problems faced by the US Federal Reserve, which might want to cut interest rates to avoid a recession, but is worried about inflationary factors such as $100-a-barrel oil.
'Significant decline'
An official ruling on whether the US is in recession is made by the National Bureau of Economic Research, but this decision may not come for two years.
The NBER defines a recession as "a significant decline in economic activity spread across the economy, lasting more than a few months".
It bases its assessment on final figures on employment, personal income, industrial production and sales activity in the manufacturing and retail sectors.
Merrill Lynch said that the figures showing the jobless rate hitting 5% in December were the final piece in that puzzle.
"According to our analysis, this isn't even a forecast any more but is a present day reality," the report said.
Venice is sinking because of global warming
Tourists have been warned to stay away from Venice which has been hit by the biggest flood in more than 20 years.
A combination of heavy rain and high winds has led to the sea levels in the romantic Adriatic lagoon city rising 5ft above normal.
It was the fourth-highest level recorded over the past century and there were fears that the water could rise further if more bad weather materialises as forecast.
Many of Venice's streets, including the famous St Mark's Square, one of the city's lowest points, were submerged, forcing people to wade through knee-high water.
Ferry and water taxi services were suspended and some luxury stores were also flooded.
Boxes of tourist merchandise floated inside the swamped shops around the square and even the city's famed pigeons sought refuge on rooftops and windowsills.
Alarms went off at 6.37am to alert citizens, but many residents were taken by surprise because authorities had initially not forecast such a high water level.
Mayor Massimo Cacciari warned those planning a visit to "think again" adding that those already in the city should stay indoors.
"It's an exceptional acqua alta,' and unless you absolutely have to, don't go out," he said.
The city would not ask for a state of disaster to be declared since the flooding did not cause any deaths or trigger the collapse of buildings, the mayor added.
But the official overseeing Venice's architectural heritage warned the city was reaching its limits and said the water was receding at a worryingly slow rate.
The Foreign Office urged tourists to check the FCO website for any updates.
Workers were unable to install the raised wooden walkways used during flooding because the water rose too quickly under heavy rains.
In St Mark's Square tourists tried to stay dry by hopping on cafe tables and chairs sticking out of the water. The water was so high that one rowed a small speedboat across the wide square.
Tuesday, June 2, 2009
Adobe Flash Technology in Television Set
Adobe has secured a deal to put its Flash software into many of the chips that go inside TVs and set-top boxes.
It will enable developers and content providers to create applications to deliver web-based content such as news, weather and share prices to TV screens.
Flash will be included on most chips -those made by Broadcom, Intel, NXP and STMicroelectronics - but the deal does not cover TVs made by Sony and Samsung.
The first applications using Flash are expected to hit TV sets early in 2010.
Sony and Samsung already have a number of connected TVs on the market, but they are using Yahoo's rich media platform of widgets instead of Flash.
Samsung's Dan Schinasi shows off TVs that allow you to surf the internet at the Consumer Electronics Show in January 2009.
More than 420 million TVs, set-top boxes, and media players are expected to ship globally in the next three years and increasingly they are capable of being connected to the net.
Adobe hopes it can get Flash inside many of those devices to create a new generation of connected entertainment services, including streaming video in high definition, and applications that can run in real time alongside video broadcasts, such as interactive news tickers, sport scores, quizzes and the weather.
It could also mean TVs being used for many of the tasks now given over to a computer or laptop, such as using a search engine, online maps, and consuming all manner of digital content.
Adobe has signed up video delivery service Netflix, Disney and the New York Times to make the first batch of applications.
Change is coming to TV and we will see more and more content get used
Flash director of technology strategy for Flash, Anup Murarka
The appeal for content makers and developers is the emergence of a single standard for rich media, which will let them create applications that run on many devices.
"Change is coming to TV and we will see more and more content get used and taken to TV," said Anup Murarka, director of technology strategy for Flash.
Flash is installed on about 98% of PCs and almost 80% of all online video is delivered using Flash, according to Adobe.
It powers services such as YouTube, the BBC iPlayer and a new generation of video games inside the browser, such as Quake Live.
Microsoft has been pushing its own rival platform Silverlight, but it has had limited traction with developers and hardware manufacturers.
The company says its second version of Silverlight has been installed on 300 million machines since it became available six months ago.
But analysts think Silverlight is unlikely to challenge Flash across PCs, mobiles and TV screens in the near future.
Flash is the engine behind YouTube and BBC iPlayer video
Microsoft does have the Xbox 360 in the hands of at least 28 million gamers and the machine could be used to drive take-up of Silverlight in the home.
It also has a few deals with the makers of set-top boxes to power the software that runs TV guides and on-demand services over the internet and this too could be a way to spread Silverlight usage.
Flash Platform Business Unit general manager and vice president David Wadhwani said he still hoped to see Flash on the Xbox 360, as it is already running on the PlayStation 3 and Nintendo Wii.
"I don't think it is beyond the realm of reason that we will see Flash on the Xbox.
"It would add clear value to their platform. But the decision is still theirs to make."
Adobe is aiming to become the global standard for all rich media in the "three screen" world - PC, TV, and mobile.
Up to 40% of all mobile devices shipped in 2008 are expected to carry Flash Lite. However, the big omission remains Apple's iPhone.
"We continue to work with Apple to bring Flash to the iPhone," said Mr Wadhwani.
It will enable developers and content providers to create applications to deliver web-based content such as news, weather and share prices to TV screens.
Flash will be included on most chips -those made by Broadcom, Intel, NXP and STMicroelectronics - but the deal does not cover TVs made by Sony and Samsung.
The first applications using Flash are expected to hit TV sets early in 2010.
Sony and Samsung already have a number of connected TVs on the market, but they are using Yahoo's rich media platform of widgets instead of Flash.
Samsung's Dan Schinasi shows off TVs that allow you to surf the internet at the Consumer Electronics Show in January 2009.
More than 420 million TVs, set-top boxes, and media players are expected to ship globally in the next three years and increasingly they are capable of being connected to the net.
Adobe hopes it can get Flash inside many of those devices to create a new generation of connected entertainment services, including streaming video in high definition, and applications that can run in real time alongside video broadcasts, such as interactive news tickers, sport scores, quizzes and the weather.
It could also mean TVs being used for many of the tasks now given over to a computer or laptop, such as using a search engine, online maps, and consuming all manner of digital content.
Adobe has signed up video delivery service Netflix, Disney and the New York Times to make the first batch of applications.
Change is coming to TV and we will see more and more content get used
Flash director of technology strategy for Flash, Anup Murarka
The appeal for content makers and developers is the emergence of a single standard for rich media, which will let them create applications that run on many devices.
"Change is coming to TV and we will see more and more content get used and taken to TV," said Anup Murarka, director of technology strategy for Flash.
Flash is installed on about 98% of PCs and almost 80% of all online video is delivered using Flash, according to Adobe.
It powers services such as YouTube, the BBC iPlayer and a new generation of video games inside the browser, such as Quake Live.
Microsoft has been pushing its own rival platform Silverlight, but it has had limited traction with developers and hardware manufacturers.
The company says its second version of Silverlight has been installed on 300 million machines since it became available six months ago.
But analysts think Silverlight is unlikely to challenge Flash across PCs, mobiles and TV screens in the near future.
Flash is the engine behind YouTube and BBC iPlayer video
Microsoft does have the Xbox 360 in the hands of at least 28 million gamers and the machine could be used to drive take-up of Silverlight in the home.
It also has a few deals with the makers of set-top boxes to power the software that runs TV guides and on-demand services over the internet and this too could be a way to spread Silverlight usage.
Flash Platform Business Unit general manager and vice president David Wadhwani said he still hoped to see Flash on the Xbox 360, as it is already running on the PlayStation 3 and Nintendo Wii.
"I don't think it is beyond the realm of reason that we will see Flash on the Xbox.
"It would add clear value to their platform. But the decision is still theirs to make."
Adobe is aiming to become the global standard for all rich media in the "three screen" world - PC, TV, and mobile.
Up to 40% of all mobile devices shipped in 2008 are expected to carry Flash Lite. However, the big omission remains Apple's iPhone.
"We continue to work with Apple to bring Flash to the iPhone," said Mr Wadhwani.
Monday, May 4, 2009
DBS Bank cut 900 banking jobs
Singapore's DBS Group, Southeast Asia's biggest bank by assets is cutting 900 staff to trim costs amid the global credit crisis, after recording a slump in third quarter net profit, AFP quoted the bank as saying Friday.
Chief executive Richard Stanley said most of the cuts, accounting for six percent of the group's workforce, will be made by month's end in its Singapore and Hong Kong offices.
The job reductions were announced at a town hall-style meeting with staff on Friday.
"To be a streamlined organisation, I believe we must run a tighter ship... This is a painful decision for DBS and for me personally," Stanley told a news conference after the meeting.
"We have been vigilant on costs but as the economy enters a more difficult and uncertain phase, many financial institutions around the world and in Asia have made head count reductions," he added.
"To be more productive and efficient, we will restructure and streamline the organisation. Regrettably, this has resulted in the need to reduce our workforce."
DBS is the first major Singaporean firm to announce job cuts of such magnitude, and one analyst said it was a sign of more layoffs after the economy slipped into recession in the third quarter.
"Being the biggest local boy, it will send a very strong message to Singaporeans that what the government has been warning about (job losses) is happening already," CIMB-GK Research economist Song Seng Wun told AFP.
"There will be more retrenchments across all industries next year. Our view is that no industry will be spared."
Stanley, who was named to head DBS in February, said however that the cuts were not related to losses from its issuance of financial products linked to the collapsed US investment bank Lehman Brothers.
They also did not reflect the bank's financial position.
"DBS remains strong and sound," he said. "The tough measures we are taking now will enable us to confidently ride out this storm and emerge stronger when this global economic crisis is over."
Earlier Friday DBS said net profit in the three months to September fell 38 percent as market-related income took a hit from the global financial crisis and bigger provisions.
Third quarter net profit totalled 379 million Singapore dollars ($256 million), down from $610 million in the same period last year, it said in a statement.
Net interest income in the September quarter grew two percent to $1.07 billion from last year but net fee and commission revenues dropped 22 percent to $316 million.
Other non-interest income plunged 87 percent on the year to 11 million dollars.
The bank said it set aside $129 million in provisions, compared with just 10 million dollars a year ago, partly to cover its collateralised debt obligations, securities backed by a range of assets including risky home mortgages.
It also set aside $70 million as compensation to certain customers who bought its now worthless Lehman Brothers-linked products.
DBS was the last of three local banks to report earnings for the September quarter.
Oversea-Chinese Banking Corp said earlier this week third quarter net profit fell 13 percent while United Overseas Bank reported last week a 5.1 percent drop in profit for the same period.
Chief executive Richard Stanley said most of the cuts, accounting for six percent of the group's workforce, will be made by month's end in its Singapore and Hong Kong offices.
The job reductions were announced at a town hall-style meeting with staff on Friday.
"To be a streamlined organisation, I believe we must run a tighter ship... This is a painful decision for DBS and for me personally," Stanley told a news conference after the meeting.
"We have been vigilant on costs but as the economy enters a more difficult and uncertain phase, many financial institutions around the world and in Asia have made head count reductions," he added.
"To be more productive and efficient, we will restructure and streamline the organisation. Regrettably, this has resulted in the need to reduce our workforce."
DBS is the first major Singaporean firm to announce job cuts of such magnitude, and one analyst said it was a sign of more layoffs after the economy slipped into recession in the third quarter.
"Being the biggest local boy, it will send a very strong message to Singaporeans that what the government has been warning about (job losses) is happening already," CIMB-GK Research economist Song Seng Wun told AFP.
"There will be more retrenchments across all industries next year. Our view is that no industry will be spared."
Stanley, who was named to head DBS in February, said however that the cuts were not related to losses from its issuance of financial products linked to the collapsed US investment bank Lehman Brothers.
They also did not reflect the bank's financial position.
"DBS remains strong and sound," he said. "The tough measures we are taking now will enable us to confidently ride out this storm and emerge stronger when this global economic crisis is over."
Earlier Friday DBS said net profit in the three months to September fell 38 percent as market-related income took a hit from the global financial crisis and bigger provisions.
Third quarter net profit totalled 379 million Singapore dollars ($256 million), down from $610 million in the same period last year, it said in a statement.
Net interest income in the September quarter grew two percent to $1.07 billion from last year but net fee and commission revenues dropped 22 percent to $316 million.
Other non-interest income plunged 87 percent on the year to 11 million dollars.
The bank said it set aside $129 million in provisions, compared with just 10 million dollars a year ago, partly to cover its collateralised debt obligations, securities backed by a range of assets including risky home mortgages.
It also set aside $70 million as compensation to certain customers who bought its now worthless Lehman Brothers-linked products.
DBS was the last of three local banks to report earnings for the September quarter.
Oversea-Chinese Banking Corp said earlier this week third quarter net profit fell 13 percent while United Overseas Bank reported last week a 5.1 percent drop in profit for the same period.
Banking Giant Barclays cuts 2100 accounting related jobs
BRITISH banking giant Barclays said on Tuesday that it will cut 2,100 jobs in its investment banking and wealth management units, with some positions in Singapore at risk. Barclays’ operations in Singapore include Barclays Capital, Barclays Wealth Management and Barclays Global Investors, employing more than 2,500 bankers and back-end staff in total.
A Barclays spokesman in Singapore did not elaborate on possible job cuts here but The Straits Times understands that some staff were told on Wednesday morning that they are being laid off.
Bloomberg News reported on Tuesday that Barclays is making deep cuts across all its units.
It said about 1,300 jobs will go at Barclays Capital, 6 per cent of the investment banking unit’s total headcount, while 330 people will go at Barclays Global Investors, 8 per cent of that division. The remainder will be cut from Barclays’ private bank while the bank said last week that 408 information technology jobs will be axed in Britain.
Reuters reported that Barclays Capital employs about 20,500 people, Barclays Wealth Management about 8,000 and Barclays Global Investors about 3,800. A Barclays spokesman told The Straits Times on Wednesday: ‘We can confirm that we have begun a process to reduce headcount across some parts of investment banking and investment management to ensure that we are appropriately sized, given market conditions.’
The cuts follow more than 3,000 job cuts Barclays instigated last year when it acquired the trading and investment banking units of the now-bankrupt United States investment bank Lehman Brothers for US$1.75 billion (S$2.6 billion).
In November last year, the bank raised 7 billion pounds (S$15 billion), mainly from the Middle East, to shore up capital reserves depleted by writedowns. Analysts expect such downsizing to continue at financial giants like Citigroup, Goldman Sachs, Morgan Stanley, Credit Suisse and UBS, which all have investment banking units that have taken a hammering over the past 12 months.
A Barclays spokesman in Singapore did not elaborate on possible job cuts here but The Straits Times understands that some staff were told on Wednesday morning that they are being laid off.
Bloomberg News reported on Tuesday that Barclays is making deep cuts across all its units.
It said about 1,300 jobs will go at Barclays Capital, 6 per cent of the investment banking unit’s total headcount, while 330 people will go at Barclays Global Investors, 8 per cent of that division. The remainder will be cut from Barclays’ private bank while the bank said last week that 408 information technology jobs will be axed in Britain.
Reuters reported that Barclays Capital employs about 20,500 people, Barclays Wealth Management about 8,000 and Barclays Global Investors about 3,800. A Barclays spokesman told The Straits Times on Wednesday: ‘We can confirm that we have begun a process to reduce headcount across some parts of investment banking and investment management to ensure that we are appropriately sized, given market conditions.’
The cuts follow more than 3,000 job cuts Barclays instigated last year when it acquired the trading and investment banking units of the now-bankrupt United States investment bank Lehman Brothers for US$1.75 billion (S$2.6 billion).
In November last year, the bank raised 7 billion pounds (S$15 billion), mainly from the Middle East, to shore up capital reserves depleted by writedowns. Analysts expect such downsizing to continue at financial giants like Citigroup, Goldman Sachs, Morgan Stanley, Credit Suisse and UBS, which all have investment banking units that have taken a hammering over the past 12 months.
Citibank Singapore layoff many 250 accounting jobs
ABOUT 200 to 250 jobs are set to be shed from the Singapore unit of United States banking behemoth Citigroup, a source has told The Straits Times, as part of the worldwide loss of 52,000 jobs announced on Monday.
A handful of staff, mainly relationship managers, have been notified that they are being let go, other sources say.
Given the woes of the US parent Citigroup, there has also been talk that Citi Singapore is starting to tighten credit. The US banking giant is a major player here in credit cards, car loans and other forms of secured and unsecured credit. Any major tightening of this sort of credit would have widespread implications for consumers and businesses here.
But when contacted yesterday, Citi Singapore said that it does not comment on market speculation.
In terms of job losses, The Straits Times has learnt of only a handful of staff, mainly relationship managers at the Asia Pacific unit of Citi Global Wealth Management, who have been officially notified that they have been let go. People familiar with the matter have confirmed that the bank - which had earlier said that the cuts would be 'modest' - has started notifying affected staff here.
Affected staff at Citi's Global Wealth Management unit here were informed on Wednesday and yesterday. Staff there who had not been told by last night should be safe for now, sources say. However, sources also say not all Citi Singapore staff earmarked for retrenchment have been notified.
And not all will be told to leave immediately. 'It will not be a situation where they will be told to pack up immediately and have to leave unceremoniously,' said another source.
Over 9,000 people work for Citi Singapore, which remains one of the largest employers in the finance sector. If the 200 to 250 layoffs at Citi Singapore proves to be correct, that is just 3 per cent of its total headcount here.
The Straits Times understands the bank has kept the Manpower Ministry, the Monetary Authority of Singapore and relevant staff union bodies in the loop over its plans to cut jobs.
A handful of staff, mainly relationship managers, have been notified that they are being let go, other sources say.
Given the woes of the US parent Citigroup, there has also been talk that Citi Singapore is starting to tighten credit. The US banking giant is a major player here in credit cards, car loans and other forms of secured and unsecured credit. Any major tightening of this sort of credit would have widespread implications for consumers and businesses here.
But when contacted yesterday, Citi Singapore said that it does not comment on market speculation.
In terms of job losses, The Straits Times has learnt of only a handful of staff, mainly relationship managers at the Asia Pacific unit of Citi Global Wealth Management, who have been officially notified that they have been let go. People familiar with the matter have confirmed that the bank - which had earlier said that the cuts would be 'modest' - has started notifying affected staff here.
Affected staff at Citi's Global Wealth Management unit here were informed on Wednesday and yesterday. Staff there who had not been told by last night should be safe for now, sources say. However, sources also say not all Citi Singapore staff earmarked for retrenchment have been notified.
And not all will be told to leave immediately. 'It will not be a situation where they will be told to pack up immediately and have to leave unceremoniously,' said another source.
Over 9,000 people work for Citi Singapore, which remains one of the largest employers in the finance sector. If the 200 to 250 layoffs at Citi Singapore proves to be correct, that is just 3 per cent of its total headcount here.
The Straits Times understands the bank has kept the Manpower Ministry, the Monetary Authority of Singapore and relevant staff union bodies in the loop over its plans to cut jobs.
KPMG Singapore sacks 300 accountants
SINGAPORE: Accounting firm KPMG LLP (Singapore) will layoff about 300 accountants begin February.
KPMG said staff wages form the biggest component of costs outside of office rentals. However, it does not expect any retrenchments after the implementation of a series of measures to counter the impact of the recession.
It added that efforts to control business costs for non-essential operations have already been in place since the fourth quarter of 2008.
Channel NewsAsia understands that KPMG is the first of the “Big Four” accounting firms here to cut wages in the current economic downturn.
The other top accounting firms are Ernst & Young, PricewaterhouseCoopers (PwC) and Deloitte & Touche.
Responding to Channel NewsAsia, PwC said it would use its flexible wage system to help manage costs. Similarly, Ernst & Young said it prefers options like reducing the variable component of overall pay packages and bonus payouts.
Ernst & Young added that it expects to hire about 250 staff in Singapore in FY2009. In the past six months, the firm has recruited over 20 personnel in the region, including some from Singapore. The future of new accountants are dark for the next 3 to 5 years.
KPMG said staff wages form the biggest component of costs outside of office rentals. However, it does not expect any retrenchments after the implementation of a series of measures to counter the impact of the recession.
It added that efforts to control business costs for non-essential operations have already been in place since the fourth quarter of 2008.
Channel NewsAsia understands that KPMG is the first of the “Big Four” accounting firms here to cut wages in the current economic downturn.
The other top accounting firms are Ernst & Young, PricewaterhouseCoopers (PwC) and Deloitte & Touche.
Responding to Channel NewsAsia, PwC said it would use its flexible wage system to help manage costs. Similarly, Ernst & Young said it prefers options like reducing the variable component of overall pay packages and bonus payouts.
Ernst & Young added that it expects to hire about 250 staff in Singapore in FY2009. In the past six months, the firm has recruited over 20 personnel in the region, including some from Singapore. The future of new accountants are dark for the next 3 to 5 years.
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