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APAC Edition
7th August 2024
 
THE HOT STORY
Microsoft employees are now being judged on their security work
Microsoft is to elevate security to the status of “core priority” for all employees as part of the process of focusing their work and reviewing performance, according to an internal email. The memo quotes Microsoft CEO Satya Nadella: “Everyone at Microsoft will have security as a Core Priority . . . When faced with a trade-off, the answer is clear and simple: Security above all else.” The memo sent by Microsoft chief human resources officer Kathleen Hogan to employees further adds that failing to prioritise security could affect promotions, bonuses and salary increases for employees. The change will be implemented for all employees when setting priorities and reviewing performance, known internally as “Connect,” according to Hogan. “The Security Core Priority is not a check-the-box compliance exercise; it is a way for every employee and manager to commit to — and be accountable for — prioritising security, and a way for us to codify your contributions and to recognize you for your impact,” Hogan wrote. “We all must act with a security-first mindset, speak up, and proactively look for opportunities to ensure security in everything we do.”
LEGAL
New bill to protect platform workers in Singapore
Singapore has introduced a new Bill to provide employee-like protections for platform workers, such as cabbies, private-hire car drivers, and delivery riders. The proposed protections include a standardised work injury compensation regime, increased contributions to the Central Provident Fund (CPF) savings scheme, and formal representation. The new law designates platform workers as a distinct category, separate from employees and the self-employed. The Bill covers four key areas: the scope of companies and workers covered, measures to support housing and retirement adequacy, provisions for work injury compensation, and a legal framework for worker representation. The Ministry of Manpower (MOM) reported a decline in platform workers from 88,400 in 2022 to 70,500 in 2023. The Bill is seen as an important milestone by the National Trades Union Congress (NTUC), as it allows associations to negotiate collectively and better represent platform workers. The draft law will be debated in Parliament soon.
REMOTE & HYBRID WORKING
Public employees in Australia's most populous state told to end remote working
The government of Australia's most populous state, New South Wales, has ordered all public employees to end remote working and return to their offices. The state's premier, Chris Minns, stated that jobs could be made flexible through other means such as part-time positions and role sharing. The move has been welcomed by business and real estate groups in Sydney, but unions have criticised it and pledged to challenge the initiative if it is invoked unnecessarily. The change defies the trend of remote work embraced by other Australian states and is believed to be influenced by lobbying from a major newspaper. The directive also urges stricter limits on remote work and requests employees to spread attendance across all working days. Meanwhile, Prime Minister Anthony Albanese has been supportive of remote working and will enact a "right to disconnect" law later this month.
TECHNOLOGY
Chinese carmaker beats Tesla in race to put humanoid robots in factories
Chinese luxury electric car maker Zeekr has introduced a humanoid robot called 'Walker S Lite' in its factories. The robot, developed by Shenzhen-based UBtech Robotics, can perform basic tasks and has been seen in a video moving boxes around Zeekr's "intelligent" factory in China. Zeekr's parent company, Geely, also owns British brand Lotus and has a stake in Aston Martin. Zeekr's announcement comes after Elon Musk announced that Tesla would start using humanoid robots from 2025. “Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026,” Tesla CEO Elon Musk recently wrote on X.
HEALTH & WELLBEING
Asian people are more comfortable with mental effort, study suggests
A new review published in the journal Psychological Bulletin suggests that the greater the mental effort, the more individuals experience frustration, irritation, stress, or annoyance. The review analysed 170 studies involving 4,670 people from various backgrounds and found that heavy mental exertion can create unpleasant feelings. However, the association between mental effort and unpleasant feelings varies between regions, with less pronounced effects in Asian countries. This could be because high schoolers in Asia tend to spend more time on schoolwork than their peers in Europe or North America, and may have learned to withstand higher levels of mental exertion earlier in their lives. Despite the feelings of unpleasantness, people still engage in mentally challenging tasks, possibly because they anticipate rewards. Managers and teachers should be aware that people generally dislike mental effort, even if they choose to pursue mentally challenging activities.  “Our findings show that mental effort feels unpleasant across a wide range of populations and tasks,” said senior researcher Erik Bijleveld, an associate professor of psychology with Radboud University in the Netherlands. “This is important for professionals, such as engineers and educators, to keep in mind when designing tasks, tools, interfaces, apps, materials or instructions . . . When people are required to exert substantial mental effort, you need to make sure to support or reward them for their effort,” Bijleveld added.
WORKFORCE
Unrest in Bangladesh forces closure of garment factories
The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. On Monday, Prime Minister Sheikh Hasina resigned and fled the country, after hundreds of people were killed in a crackdown on demonstrations demanding her ouster. Garment factories in the country have been closed indefinitely as a consequence. Bangladesh was the third-largest exporter of clothing in the world last year, after China and the European Union, exporting $38.4bn worth of clothes, according to data from the World Trade Organization.
HIRING
Citi hires Singapore executive from DBS to lead wealth in Asia South
Citigroup has hired Yeo Wenxian as head of wealth for Asia South region from Singapore lender DBS, Andy Sieg, head of Citi's wealth unit, wrote in a memo to employees seen by Reuters. Yeo will also be the chief executive officer of Citibank Singapore Ltd. She is expected to join on November 1 from DBS, where she spent 13 years.
STRATEGY
Dell cuts workers in sales team reorganisation
Dell sales executives, Bill Scannell and John Byrne, have announced a streamlining and reprioritisation plan in a memo to employees. The company says it aims to become leaner by reducing layers of management and changing how data centre sales are approached. Dell's high-powered servers that can run AI workloads have attracted investor interest, but there are concerns about the time it takes for companies to see a return on AI investments. The spokesperson declined to comment on the number of jobs affected. Dell previously announced a major workforce reduction in 2023, shedding 13,000 jobs. The company is optimistic about the growth of AI-optimised PCs and says it aims to unlock the value of modern IT and AI for organisations. A Dell spokesperson said: “Through a reorganisation of our go-to-market teams and an ongoing series of actions, we are becoming a leaner company.” 
INTERNATIONAL
UK government begins to undo rules on strike action
The new Labour government in the UK has started to undo Conservative-era rules limiting strike action by workers, including teachers, firefighters, and train workers. Labour ministers have instructed employers not to enforce legal minimum service levels while a new law to formally abolish them is being passed in Parliament. The previous government extended anti-strike laws to set minimum service levels for various services, including education and transport. Unions, who strongly opposed minimum service levels when they were introduced by the previous government, have welcomed the move to undo them. Deputy prime minister Angela Rayner said the law had succeeded “only in poisoning industrial relations,” while never being deployed. “We’re consigning it to history,” she said. “Scrapping this toxic legislation is our first step in ending the scorched-earth approach that has blocked negotiation and compromise to resolve disputes and prevent disruption . . . This government’s new deal will create a new partnership between business, trade unions and working people and is fundamental to our growth mission.”
Qatar leads MENA in AI technology with $2.4bn investment
Qatar is leading the way in artificial intelligence (AI) technology in the MENA region with a $2.4bn investment. The country aims to strengthen its capabilities and attract technology experts from around the world. By 2026, Qatar's digital investments are expected to reach $5.7bn. AI initiatives like the Fanar AI project have been launched to enhance linguistic programs and support digital transformation. Saudi Arabia and the UAE are also making significant progress in AI development. Saudi Arabia's National Strategy for Data and AI aims to secure $20bn in investments by 2030, while the UAE has launched the world's first graduate-level AI university. Qatar is leveraging AI in various sectors such as healthcare, education, and transportation, contributing to its national vision of becoming a knowledge-based economy. AI technologies are being adopted across industries in the region, driving innovation and efficiency. The energy, healthcare, and government sectors in Saudi Arabia are leading the race, while the UAE is focusing on transportation and logistics. Qatar is using AI in education and the financial sector for personalized learning experiences, fraud detection, and risk management.
OTHER
Google, Amazon, Walmart look to join India's digital currency project
GooglePay, Walmart-backed PhonePe and AmazonPay are among five payment firms seeking to join the Indian central bank's digital currency pilot by offering transactions via the e-rupee, according to Reuters. Indian fintech firms Cred and Mobikwik are the other two that have applied to join the pilot. The Reserve Bank of India started a pilot for the e-rupee, a digital alternative to the physical currency, in December 2022. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months.
 


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