Archives May 2007

Japan’s fall in jobless boost Asian markets

ASIAN stocks advanced for a second day yesterday after reports in Japan showed an unexpected drop in unemployment and a rise in household spending, Bloomberg News reported.

Mizuho Financial Group Inc climbed to a three-month high, on speculation the improving economy will allow the Bank of Japan to lift interest rates, widening lenders’ profit margins.

“The positive economic data from Japan is helping sentiment for the rest of the region,” said Leslie Phang, who helps manage about US$1 billion at Commonwealth Private Bank in Singapore.

The Morgan Stanley Capital International Asia-Pacific Index added 0.7 percent to 149.26 at 8:01pm in Tokyo. Technology stocks rose after Sanyo Electric Co forecast its first annual profit in four years and CJ Investment & Securities Co said earnings at LG.Philips LCD Co will improve. Japan’s Nikkei 225 Stock Average added 0.5 percent to 17,672.56, while the broader Topix index gained 0.8 percent. Mitsui O.S.K. Lines Ltd advanced after UBS AG reaffirmed its bullish stance on shipping companies.

BHP Billiton Ltd led mining stocks higher in Australia as prices of metals including copper advanced and on speculation of takeovers within the industry. Coles Group Ltd dropped after US buyout company Kohlberg Kravis Roberts & Co abandoned its nine-month pursuit of the Australian retailer.

Benchmarks rose, except in Hong Kong, Indonesia, Malaysia, Pakistan and Sri Lanka. Thailand was little changed.

Mizuho, Japan’s second-largest lender by assets, rose 2.3 percent to 864,000 yen (US$7,100), its highest close since February 23. Sumitomo Mitsui Financial Group Inc, the third largest, advanced 1.7 percent to 1.18 million yen.

Sanyo, the world’s largest maker of rechargeable batteries, jumped 10 percent to 213 yen.

BHP Billiton, the world’s biggest mining company, gained 1.8 percent to A$31.70 (US$25.98). Rio Tinto Group, the third largest, climbed 2.4 percent to A$96.36.

China Shop Manager

Company Introduction:
Our client is a leading international instruments provider, whose parents company is listed on Fortune 500. In China, there are 12 offices at present.

Location: Beijing

Job responsibilities:
This position is responsible for leading a team in the management of Shop business selling the company’s low-end products. This may include managing sales, marketing, merchandise, store management, customer liaison and relationship, organization development and training.
1. Overall shop business strategy to support the fast growing business;
2. Be responsible for the BU’s P&L in China;
3. Process review, improvement and implementation;
4. Review of Operation status with customers & management on a timely and regular basis.
5. Manage and Develop the entire team which may include; Staff training plan, Recruitment of operations staff, Staff development activity and Ensure efficient communication between inter-departments;
6. Strategy linkages between Manufacturing / Business / Marketing / Supply Chain/Finance.
7. Maintain good working relationships with sales team, marketing team and finance team in headquarters.
Knowledge/Skills/Experience Required:
1. Bachelor’s degree required (Masters or MBA is preferred);
2. At least 12 years sales/marketing/store management experience in industrial goods, especially have over 5 years in management level;
3. Should have proven track record of sales;
4. Ability to influence others through effective communications and working relationships with diverse functional areas within Company while understanding the implication to our external customers.
5. Must be highly motivated to drive operational excellence and deliver results.
6. English language, both in writing as verbal, must be outstanding

Salary Range: Basic 800K+

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo103bj#dacare.com'(Please replace “#” with “@”)

Hang Seng opens

HANG Seng Bank started business of its locally incorporated subsidiary yesterday in Shanghai. The subsidiary, Hang Seng Bank (China) Ltd, will offer the bank a platform for unlimited yuan services in China’s mainland.

The Hong Kong-based bank gained approval from the China Banking Regulatory Commission to establish the subsidiary on May 18.

People rush to train as social workers

MORE than 70 applicants have signed up for a training program to become professional social workers on a course run by the Labor and Social Security Bureau in Pudong New Area.

Lessons to teach basic knowledge of population and family planning kicked off last week, as part of the long-term program.

About 60 people signed up for the class, but organizers were surprised to find more than 70 joined the course.

“The course is designed to train professionals who can offer counseling services related to population and family planning,” said Ji Zhongxian, a bureau official.

The training program, which will hold six classes over 10 days, will focus on introducing theories and concepts that a social worker should know.

Another training class designed for directors of residents’ committees will also open soon – attracting more than 500 applicants so far.

The proactive approach focuses on theories and practical skills to solve problems, such as how to settle disputes among residents.

“Social work in Shanghai is still in its infancy and there are very few professional social workers at present,” said Zhang Linqiang, bureau spokesman.

Zhang added that there are 20,000 professional social workers in Hong Kong, which has a population of six million. There are only 3,000 professionals in Shanghai, which has a population of 18 million.

“Pudong New Area developed social work as early in the 1990s, but among 60,000 social workers in this area, only about 250 people have obtained the certificate of professional social workers,” Zhang said.

China Career Builder Corp’s Subsidiary, Asian Career Company Ltd. Signed Additional Strategic Agreement

HONG KONG, May 23, 2007 (PRIME NEWSWIRE) — China Career Builder Corp., (“The Company”) (Pink Sheets:CCBX) a Delaware Corporation, is focused on outsourcing human resource services and staffing services in Hong Kong, China. The company is pleased to announce Asian Career Company Ltd. has signed an additional strategic agreement with Monster.com Asia Pacific Ltd., a division of Monster Worldwide Inc. Under the terms and agreement, Asian Career Company Ltd. will gain accesses to Monster.com registered users for the following regions, which including Singapore, Malaysia, Thailand, Philippines, Vietnam and Taiwan.

“We had a good start to the year in each of our businesses and continue to move forward to reach our goals. We are expecting continue to sign and formation strategic alliance in human resource and staffing services sector throughout Hong Kong and China. The level of activity in human resource and staffing service sector remains very strong, so we are optimistic about our continued progress and maintaining our leadership position in this emerging market,” said Mona Yim, President and CEO of China Career Builder Corp.

ABOUT THE COMPANY

China Career Builder Corp. (“The Company”) through its subsidiary, Asian Career Company Ltd. provides outsourcing human resource services and staffing services in Hong Kong, China. The company provides recruitment services focusing on the professional, management, clerical, administrative, IT and industrial market. Its services include screening, recruiting, training, workforce deployment, loss prevention and safety training, pre-employment testing and assessment, background searches, compensation program design, customized personnel management reports, job profiling, description, application, turnover tracking and analysis, opinion surveys and follow-up analysis, exit interviews and follow-up analysis, and management development skills workshops. The company markets its recruitment services through a combination of direct sales, telemarketing, trade shows, and advertising. The company is incorporated in Delaware, and headquartered in Hong Kong, China.

For further information please refer to the Company’s website at www.ChinaCareerBuilder.com

If you would like to receive regular updates on China Career Builder Corp. please send your email request to info@ChinaCareerBuilder.com or contact the company’s Investor and Public relations at ir@ChinaCareerBuilder.com .

SAFE HARBOR STATEMENT

Certain of the statements set forth in this press release constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,” “planning,” “expect,” “believe,” “will likely,” “should,” “could,” “would,” “may” or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited financial resources, domestic or global economic conditions — especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

A Reputable European Organization Seeking a Senior Communications Manager, Urgently

Company Introduction:
Our client is a reputable European non-profit organization for cultural relations and self development opportunities. Founded in 1934, the organization operates in 110 countries and regions, and China is the largest operation. In China, the client has 4 offices in Beijing, Shanghai, Guangzhou and Chongqing.

Location: Beijing

Job responsibilities:
To lead the Beijing Office PR team to develop and implement Beijing Office PR strategy and plans and to manage the Beijing customer services team to ensure delivery of brand promises. To work as the regional thematic PR lead to develop general office promotional materials.

PLAN AND DELIVER PR WORK FOR BEIJING OFFICE PROJECTS
1.Arrange regular local media meetings for preject teams to promote communication between media and different activity areas.
2.Brainstorm together with project teams about PR plan, write and implement agreed PR plans and assist teams in the field of PR.
3.Arrange media coverage and interviews for projects/ events
4.Deliver PR evaluation reports after each event with list of articles, quotes and BC mentions, and maintain media evaluation system.
5.Curtail potentially negative media coverage and manage undesirable coverage by actively managing the situation (i.e., developing press lines for media enquiries)
6.Work closely together with regional PR colleagues as one team
7.Lead on PR elements of regional projects when necessary

BUILD UP EXTENSIVE AND MEANINGFUL MEDIA NETWORK
1.Develop media contacts into a network of relationships that help to deliver accurate, timely and positive coverage on BC and its events in China
2.Centrally manage a network of media relationships, keeping them closely informed of our forthcoming programmes, projects and initiatives, via regular communications, press releases and private meetings.
3.Arrange regular local media meetings for teams to promote communication between media and different activity areas.
4.Build up and supervise maintainance of effective and efficient media contacts database.
5.Organise media trips/ media projects based on the needs of media and project teams

BRANDING AND CORPORATE IDENTITY MANAGEMENT
CUSTOMER SERVICE TEAM MANAGEMENT

Requirement:
1.At Least three years of experience working in a managerial position in the field of Public Relations or Communications;
2.Knowledge and experience of working in China
3.Strong writing/editorial skills in English (IETLS 7.5 and above), working level Chinese

Education: Bachelor Degree
Salary Range: 19K~25K/month

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo101bj#dacare.com'(Please replace “#” with “@”)

Search for top stars of professions for contest

THE search is on for people with vocational skills to enter a citywide contest next year covering 180 professions, ranging from car repairs to Web-page design.

Ninety-six winners of last year’s contest stepped up yesterday to receive their awards, according to the Shanghai Labor and Social Security Bureau.

Nearly 9,000 people signed up to take part in last year’s contest, including digital machine operators, fashion designers and hairdressers.

“About 80 percent of the participants were workers in enterprises, and most of them are working in the front line,” said Zhu Yanmin, an official in the Shanghai Vocational Skill Testing Center, which sponsored the contest.

“But there is a trend for more university students to take part in the contest, as they realize the importance of raising their vocational abilities,” Zhu said.

Nearly 4,000 participants who were identified as qualified in the contest have been granted professional qualification certificates by the Shanghai Labor and Social Security Bureau, without having to sit a qualification exam.

Xuhui District won the gold medal yesterday for organizing 1,191 participants, with 14 people making the top three places in the contest’s final round.

Workers in enterprises, students and the unemployed in the city can sign up for the competition.

“We also encourage foreigners in the city to participate in the contest, but there were none having yet registered,” said Zhu.

Participants can sign up for next year’s preliminary contest at their local vocational training centers.

Commercial Attorney

Company introduction: Our client is one of the world’s largest integrated producers and marketers of premium fibers, resins and intermediates. Their products are used in the production of a diverse line of end products including apparel, carpet, bedding, airbags, seatbelts, luggage, diapers, and soft drink packaging. With employees located across six continents, they are committed to their customers’ growth through market insights and technology innovations. In delight of the company expanding in China, their Commercial Legal Group now needs a Commercial Attorney with three to seven years experience for company¡¯s business in China.

Job Description:
Location: Shanghai
Report to: Chief Counsel in Singapore
This attorney, serving as a Commercial Attorney of company’s associated companies in the PRC will:
1.Manage corporate governance
2.Draft, review and negotiate strategic business and international commercial agreements or contracts across multiple commercial areas including sales, procurement, marketing and real estate
3.Provide legal advice on growth opportunities

Job Requirements:
1.Legal degree from a top national or international university
2.3+ years of rigorous law experience with either a top PRC law firm with international experience or an international law firm
3.Experience in the US with a US-based law firm or a US-based multinational company preferred
4.Cross border M&A and equity investment experience in the PRC a plus
5.Familiarity with PRC corporate and commercial laws and regulations
6.Strong bilingual skills; both verbal and written (Mandarin Chinese and English)
7.Strong legal thinking, communication and drafting skills with an understanding of US legal standards and expectations
8.Strong commitment to legal compliance and ability to appropriately challenge business leaders with respect to legal compliance
9.Currently residing in Shanghai is preferred

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_la007sh#dacare.com'(Please replace “#” with “@”)

Treasury / Accountant Manager, North Asia

Job location: Shanghai downtown
Report to: Controller – North Asia Financial Shared Service Center

Responsible for costs/expenses and treasury functions for North Asia Region.
1.Prepare actual cash flow statement as well as cash flow forecast
2.Liaise with banks for treasury and fund management issues
3.Conduct various vendors/suppliers expense/cost accruals and actual accounting booking as well as employees T&E booking
4.Process various company cash payments, ensure proper procedures and policy are in place to avoid duplicated payments
5.Perform bank reconciliations
6.Lead a team of 4 professional accountants (English speaker and Japanese speaker)
7.Ad hoc project required by senior management team

Job requirement:
1.At least earned Bachelor Degree major in Accounting, with about 7-8 years valuable work experience preferably at a multi national company, at least 1 years experience working in A/P function in sizable international corporation
2.Both US GAAP and PRC GAAP knowledge and experiences, Japan GAAP is a plus, but not a must
3.Good ERP user experience
4.Proven leadership skills in managing accounting team
5.Must be able to adapt to different culture and business environment, work in a dynamic, result oriented and fast pace work environment.
6.High integrity, willing to work hard, detail oriented, positive work attitude, mature and well composed personality, endurance, proactive, self – motivated, and skillful at interpersonal relationship and team spirits
7.Good command of Spoken and Written English

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_fi150sh#dacare.com'(Please replace “#” with “@”)

Private Firms Launch Charity To Provide Employment Opportunities In China

With the approach of the 17th National Disabled Day, Jiang Xipei, chairman of Far East Holding Group, has announced that his company would unite with five private firms to set up a charity to promote employment opportunities for China’s 83 million handicapped people.

The first batch of firms that have joined the fund include Yurun Group, Hongdou Holding, LAD Group, Yuexing Group, Eastide Group and Fast East Holding Group. Named the Far East Fund, it is one of the largest non-government sponsored charity funds to provide employment opportunities for disabled people. The money they raise will be used to sponsor projects which provide job training and services for handicapped people, and to give awards to outstanding handicapped people and to people who have done a lot to help the handicapped in China.

China has 83 million handicapped people but only 23 million are employed. Around 9 million employable handicapped people have no jobs, and their number increases by 300,000 a year.

Local media reports the Far East Fund has raised more than RMB100 million to date and expects to garner another RMB100 million within a year.