Archives 2007

City offices now global hot property

SHANGHAI and Beijing office properties are on top of the world – and that’s official.

The two cities led the way with an average eight percent return on investment ratio among the world’s top 12 real estate markets last year, according to a definitive report by a respected international property adviser.

In its inaugural edition of Global Investment View, CB Richard Ellis also said investment in office buildings continued to surge, with Asia and Europe recording the most significant increases in activity.

In particular, Beijing attracted 29.8 billion yuan (US$3.8 billion) in office investment in 2006, as compared to 16.7 billion yuan in 2005.

Shanghai secured 22.6 billion yuan, an increase of 3.2 percent from a year earlier.

A substantial rise in cross-border investment activity was also recorded, as competition among investors, yield compression, and a limited pool of desirable assets have led investors to broaden their geographic search for opportunities.

According to the report, Shanghai led the Asian market with nearly 6.4 billion yuan last year, more than twice the three billion yuan recorded in 2005. American investors were responsible for 2.5 billion yuan, up from two billion yuan a year earlier.

“The increasing volume of global office investment activity over the past five years reflects the abundant institutional and private-investor capital that has been allocated to real estate and the migration of this capital across borders in pursuit of opportunity,” Gregory S. Vorwaller, president of CBRE’s investment properties group, said in the report.

“Diversification across both geography and property types will continue to drive investment portfolio decisions around the world.”

Generally, China’s mainland real estate market, which includes residential, office, hotel, retail and industrial properties, continued to be in the global investment spotlight last year.

China Mobile seals Pakistan deal

CHINA Mobile has paid US$284 million for a majority stake in Paktel Ltd, Pakistan’s fifth largest mobile operator, the company said yesterday.

The deal has been sealed in Istanbul, Sina.com said today.

The Beijing-based China Mobile now has an 88.86 percent stake in Paktel, a unit of Luxembourg-based Millicom International Cellular SA, which operates networks in developing countries.

Liu Aili, vice president of China Mobile, has been elected as the board chairman of the new venture in Pakistan, said the company.

The venture will be the world’s biggest mobile phone carrier’s first international deal and is seen as a symbolic start for its global expansion strategy, insiders said.

Paktel, which has 1.5 million users, is valued at US$460 million, according to a statement from Millicom.

Hong Kong-listed China Mobile earned 96.8 billion yuan (US$12.1 billion) last year, up 23 percent from 2005. The company’s total user base hit 318 million, a 20 percent increase from the previous year, the company said in a statement last month.

China Mobile’s development strategy is to invest overseas, especially in emerging markets, company Chairman Wang Jianzhou said in September.

China Mobile wants to export the marketing tactics and technology it developed in the rural areas of China, the world’s largest market by users, to emerging countries.

Deputy Operation Manager of Reefer Logistics

Company introduction: Our Client is one of the world¡¯s 500 fortune 3PL company, and is recognized as leading logistics provider, serving customers all over the globe. It offers customized and integrated solutions for: supply chain management, warehousing and distribution, landside services, ocean freight and airfreight and has more than 200 offices in more than 90 countries.

Report To: Project Manager ¨D Reefer Logistics
Location: Shanghai

Responsibilities of the position:
1.Responsible for a clear understanding of the operational requirements from clients and a well-preparation for the execution when new reefer logistics services are implemented or when the services are implemented for new reefer clients.
2.Develop and maintain clear and detailed knowledge and understanding of reefer logistics operations required by clients in all-levels of the related corporate teams and local offices (Qingdao at the beginning).
3.Develop internal operation procedures (IOPs) standard operational procedures (SOPs) and ensure same is aligned with the general operation principles.
4.Ensure operational objectives defined by the project manager are transferred to all levels of the local operation teams and the operations of local offices are fully aligned with IOPs.
5.Assist local offices to identify, evaluate and select qualified subcontractors and/or business partners that can provide reefer logistics services aligned with the requirements.
6.Develop and implement Key Performance Indicators (KPIs) for reefer logistics when the services implementation goes to a routine base.

Specific requirements for the position:
Essential
Strong operational experience in cold stores, reefer container drayage, freight forwarding, custom house brokerage, document, inspection and quarantines, and other logistics services for reefer commodities.
1.Good understanding of China¡¯s reefer logistics market.
2.Open and positive with strong communication skills.
3.Fundamental command of both oral and written English.
4.Good skills in business negotiation.
5.Demonstrated leadership and management skills.
6.Willingness to travel frequently.

Preferred:
More than 3 years of industry experience related with reefer logistics (cold stores, trucking, freight forwarding, custom house brokerage, document, inspection and quarantines, and others fro reefer commodities) in a 3rd party logistics environment.
Training in logistics and supply chain management.
Network / Contacts within the reefer logistics industry.

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_mn124sh@dacare.com’

Venture capital jumps 55% on mainland

VENTURE capital investments on the Chinese mainland jumped 55 percent last year, reaching a three-year high, an industry report said yesterday.

Venture capital valued at US$1.89 billion poured into the mainland last year in 214 deals, said a report jointly released by Dow Jones VentureOne and Ernst & Young.

It marked a 37 percent increase in the number of deals year on year.

Information technology remained the dominant industry for investment.

By industry, 131 IT companies were financed last year, receiving US$920.7 million, up 34 percent from 2005 in terms of capital.

Meanwhile, there was significant growth in areas such as healthcare, retail companies and clean technologies.

The business, consumer and retail industry category posted 57 deals and US$613.3 million last year, 20 more deals and 40 percent more capital than in 2005.

The energy segment climbed with 10 deals, up from one in 2005, and US$212.6 million invested, up from US$80 million a year earlier.

“The continuous growth of the Chinese economy and the middle class in China – as well as the increased focus on innovation – are the primary drivers for the significant investment growth in these sectors,” said Bob Partridge, China leader of Ernst & Young’s Venture Capital Advisory Group.

Stephen Harmston, director of global research for VentureOne, said: “Another sign of the strength is that investors are helping their companies to ramp up quickly in the global marketplace by funding them with increasingly larger sums.”

The median deal size in China is now US$5.9 million, up 59 percent from US$3.7 million in 2005.

In addition, the level of second round investment activity illustrates the growing maturity of the venture capital market in China, Harmston said.

“Investors are helping companies to move past the start-up stage into the next phase of development,” he said.

Hardware Design Verification Engineer

Company introduction:
Our client company is the worldwide leader in networking for the internet.

Responsibilities:
1.Working on Router/Switch hardware design verification. Work with hardware design team to validate electrical and optical design both at component as well as system level
2.Design and develop component and system level diagnostics software/firmware for system, board, FPGA and ASIC design verification and validation in engineering and manufacturing.
3.Develop boot code, low level device/network drivers, embedded microcode for component and board initialization and functional configuration.
4.Work with ASIC and System design verification team on the hardware simulation modeling, infrastructure, and test design/validation in the simulation environment
5.Hardware power-on bring up and trouble shooting
6.Work with schematics, component datasheet, system and hardware functional specification documentation.
7.Work with hardware debugging instruments including Logic Analyzer, Digital Scope, ICE Debugger, and other customized test fixtures for tracing and root causing hardware design problems
8.Provide inputs to the hardware team for Design-For-Testability (DFT). Work closely with HW design, SW development and manufacturing teams.
9.Author diagnostic functional specification to provide guidelines for implementation to achieve the highest level of test coverage with fault isolation at the component level

Requirements:
1.Solid background in hardware
2.Seeking candidates with good driver-level or embedded software skills/experience.
3.Knowledge in different processor architecture (MIPS, PPC, etc)
4.Experience in development and debugging of boot code
5.Experience in hardware bring up and trouble shooting
6.Excellent “C” programming skills
7.Familiarity with UNIX development environment
8.Strong problem solving and debugging skills
9.Self-motivated and able to work effectively in a team environment
10.Strong English written/oral communication skills
11.Requires MS or BS in Electrical and Computer Engineering and/or Computer Science plus a minimum of 4 years of related work experience
12.Desirable Skills:
13.OS and Kernel development experience
14.Relevant industry experience with routers/switches.
15.Experience with assembly programming language
16.Experience in team and project management

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_it090sh#dacare.com’(Please replace “#” with “@”)

Software Development Engineer

Company introduction:
Our client company is the worldwide leader in networking for the internet.

Location£ºShanghai

Responsibilities:
1.Develop product design verification software on company¡¯s Routers/Switches.
2.Design and develop component and system level diagnostics software/firmware for system, board, FPGA and ASIC design verification and validation in engineering and manufacturing.
3.Develop boot code, low level device/network drivers, embedded microcode for component and board initialization and functional configuration
4.Design, develop and validate software application in a real-time operating system environment (QNX, Linux, etc)
5.Author software functional specification for the purpose of HW design verification, to provide guidelines for implementation to achieve the highest level of test coverage with fault isolation at the component level.
6.Provide inputs to the hardware team for Design-For-Testability (DFT)
7.Work closely with HW design, SW development and manufacturing teams.
8.Develop and execute detailed test plans and automate software tools to validate diagnostics software. Requires hands-on test automation and programming experience.

Requirements:
1.Excellent “C” programming skills
2.Seeking candidates with good driver-level or embedded software skills/experience
3.Experience in development in QNX and/or Linux environment
4.Proficient with UNIX development environment
5.Strong problem solving and debugging skills
6.Self-motivated and able to work effectively in a team environment
7.Strong English written/oral communication skills
8.Requires MS or BS in Electrical and Computer Engineering and/or Computer Science plus a minimum of 4 years of related work experience.

Desirable Skills:
1.OS and Kernel development experience
2.Experience in software development in a hardware simulation environment

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_it091sh#dacare.com’(Please replace “#” with “@”)

Project Director

One multinational consulting company

Location:Shanghai

1.Technical Knowledge
Expert in project management methodology. Has expert knowledge of many technologies particularly as they relate to business needs of client supported.
2.Business Knowledge
Understands complex business issues across many functions, market and industry. Understands the issues facing and client.
Consumer credit and payment industry or working knowledge of a retail banking system application such as transaction switching, authorization, settlement and item processing is a plus.
3.Size/Scope of job
Manages very complex, large, long-term projects. Acts as consultant on other projects.
4.Autonomy
Works with others and management generally on large teams and across functions to accomplish project goals. Delegates work. Interacts with client and senior management daily.
5.Coaching/ Leadership
Consults with senior management, staff and clients regarding project strategies.
6.Years of Experience/Education
8+ years of technical and project management experience.
Bachelor¡¯s Degree or equivalent work experience and/or Certifications
7.Other Qualifications (See Appendix A):
Must be able to perform primary job duties with or without reasonable accommodation.

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo080sh#dacare.com’(Please replace “#” with “@”)

China: Overseas banks hunt for talent

OVERSEAS banks are competing heavily for talented workers in China’s mainland this year to exploit their ability to offer a full line of retail services.

Citigroup Inc will add another 1,000 employees to its China payroll in 2007, boosting its domestic staff to 4,000, the company said.

In a single week in January, Citigroup opened three new consumer outlets, in Beijing, Tianjin and Shenzhen, as it continued to expand its network in key Chinese cities.

The world’s biggest financial group now has 16 consumer operations and six corporate investment banking branches in the mainland.

“Given the importance, size and scale of China, Citigroup is taking a comprehensive approach to our expansion in China, and organic growth remains a key priority,” Richard Stanley, chief executive officer of Citigroup China, said earlier.

The Bank of East Asia, whose net income rose to a record last year, will increase its mainland workforce by a quarter this year in a bid to boost profits from the market by more than 25 percent, Bloomberg News reported yesterday, citing Chairman David Li.

The Hong Kong-based bank, whose shares have doubled in the past year, will add at least 500 people in the mainland in 2007, Li said.

The Hongkong and Shanghai Banking Corp will employ another 1,000 people this year after hiring 1,000 additional workers last year.

The world’s big names in financial circles are deepening their roots in the mainland’s banking sector by establishing their own networks or teaming up with local counterparts as strategic investors.

They are vying for a slice of the country’s US$1.9 trillion in household savings.

China’s mainland allowed overseas banks to offer a full array of yuan services in December, a commitment required under its membership to the World Trade Organization.

A PricewaterhouseCoopers report in late 2005 forecast that overseas banks will employ more than 16,900 workers in the mainland by 2008, up from 6,654 at the time.

Five Tips for Resumes When You Can List Only One Employer

When you’ve worked at only one employer for your whole career, writing a resume that wins interviews may be no easy task. The reason: Some hiring managers and recruiters may take a dim view of your single-company job history. While you might see signs of loyalty or job security, they may wonder why you haven’t moved to a better opportunity or been recruited, among other questions.

“It’s an absolute red flag,” says Daniel Barr, a partner with Christian & Timbers, an executive search firm in New York. “I would proceed with caution before recommending someone with a real long tenure with one corporation to a client.” His main concern, he says, would be a candidate’s ability to adjust to a new work culture.

If you have been with one company, it’s important to quickly defuse any qualms a hiring manager might have about your job history.

To lessen the odds that it will hinder your efforts to move on, organize your resume using these five tips.

1. Show progression.

If you’ve been promoted, your job titles are likely to reflect your career advancement, says John Marcus, a resume writer and job coach in Sarasota, Fla. For example, you may have gone from accounting supervisor to assistant controller to controller.

Start your “Job History” section with your employer’s name as a heading in bold, says Ms. Kursmark. On the same line, list your starting and ending years with the company, she says.

Emphasize your titles by giving each its own treatment, says Ms. Kursmark. List each one, flush left, and in bold, and, if you have been promoted consistently, provide the dates. If your most recent position has been for four years or longer, Mr. Marcus advises leaving dates out to avoid raising doubts about your potential for promotion.

For each position, list your achievements and responsibilities in bullet points, says Ms. Kursmark.

2. Show adaptability.

When Harvey Brackett, 42, of Fresno, Calif., wrote a resume after leaving his employer of 21 years, he listed each of his past positions separately and added descriptive bullet points. For his position as a co-manager, he stressed management skills, and for his position as a human-resources technician, he highlighted organizational and recruiting skills

“I wanted to show potential employers that I was versatile and my skills weren’t limited,” says Mr. Brackett.

Can’t come up with a diverse range of skills and experiences? Think about your company’s changing needs and how you adjusted to them over time, says Jewel Bracy DeMaio, executive resume writer for APerfectResume.com in Sanatoga, Pa.

“Just because you may have worked with the same company, it doesn’t mean that you’ve done the same thing eight hours a day for 20 years,” she says.

Make it clear that you have worked in different positions or offices to show that you can adapt to different managers and co-workers, says Mr. Barr.

If you have remained in one position without being promoted, highlighting a broad background is especially important, says Mr. Marcus. He suggests making the first bullet point under your title a task directly related to the position you are seeking and listing other areas of expertise with an emphasis on variety.

3. Use numbers.

Quantify your results for hiring managers. Mention the amount of money you were able to save or generate for your company and the number of people you supervised.

“Dollar signs and percentages carry the highest impact,” says Ms. Bracy DeMaio. If you are unsure about a figure, use a good estimate, she says.

4. Group skills together under subheadings.

Subheadings are good ways to showcase different areas you’ve worked in. These groupings may include results, training and skills acquired in several positions. You also can create subheadings for special projects you were involved in, Ms. Kursmark says, using bullet points to stress results or achievements.

If you have remained in the same position with the company, subheadings will help you avoid a lengthy list of bullet points and will help make your resume more readable. When recruiters do a quick scan of your resume, they may get the impression you have a varied background, says Mr. Marcus.

5. Bolster experience.

If your resume looks a little bare, including relevant internships can show additional experience, says Mr. Marcus.

After working for three years with a district attorney, Brandi Brice, 29 of Philadelphia, was worried she would be typecast as a prosecutor while trying to break into white-collar defense. Ms. Brice, who hasn’t accepted an offer yet, listed her internship with the defender’s association to bolster her experience and show that she is capable of working for either side of the law.

Recruiters may be concerned that adjusting to a new work environment may be more difficult for someone with experience with just one company. Volunteer work and other activities where you interact with different people can show that you are comfortable in a variety of settings and that it won’t be difficult for you to adjust, says Lindsey Pollak, a career-advice writer and speaker in New York.

Providing additional relevant information such as professional organizations, leadership and civic activities also can add credibility, says Ms. Kursmark.

Senior Mechanical Engineer

Company introduction: Our client a US wholly owned subsidiary of one of the largest manufacturers of interconnect products in the world. The Company designs, manufactures and markets electrical, electronic and fiber optic connectors, coaxial and flat-ribbon cable, and interconnect systems. As a subsidiary of this group, they are an acknowledged leader in designing and manufacturing mobile telephone antenna, hinge, and other wireless products¡¯ relevant components. Their Customers are mainly mobile phone manufacturers in China, Taiwan, Europe and North America, as well as mobile phone platform vendors. In light of their business expanding, they are now looking for Senior Mechanical Engineer to join their team.

Job Description:
Report To:R&D Manager
Location: Shanghai
The Senior ME works in Research and Innovation Team. His function is to guide the team towards the creation of innovative products,using new materials, new technologies and new manufacturing process.The candidate shall be knowledge-able enough to select proper supplier according to the Research team requirements and Roadmap. The Senior ME together with the RF team cooperate to reach rapidly cost, efficient solutions for the company MCP protfolio. The senior ME in a short term would have to manage a team of Junior ME.

Responsibilities:
1.Easy Communication with International/domestic Customers/Suppliers/Colleagues/Academic Institutions;
2.Able to use simulation tools/CAD tools for concrete and future projects;
3.Evaluate feasibility of new ideas and eliminate irrational/expensive/not produce-able solutions;
4.Eliminate manufacturing risks from the beginning of a project (FMEA) on a technology/Material/Process point of view;
5.Create periodical high quality reports and discuss specific subjects or presentation in front of an international audience;
6.Ensure that any specific customized project can be run smoothly into Mass Production;
7.Establish good relationship with suppliers (existing/news) and drive their technology towards the Research team needs;
8.Arrange/host brainstorming with the Mechanical Engineers to gather common experience for challenging Projects;
9.Internal coordination with all product related functions of SAA and external coordination with Customer/Supplier/Academic institution/International Colleagues

Requirements:
10.At least 3 years ME design experience in mass production of products related to Electronics industry;
11.At least Bachelor degree in mechanical engineering;
12.Good design and simulation skills with Pro/Engineering and Pro/Mechanical, over 3 years experience with Pro/E is preferable;
13.Fluent English (spoken, written) and other international languages is a plus;
14.Able to create 3D complex geometries and evaluate their feasibility with other team members;
15.Be able to write reports, be organized, and store information in company database;
16.Be able to work in an international context;
17.Ability to travel domestic/international is appreciated;
18.Be responsible, independent and use common sense on a daily basis;
19.Have a good understanding of the business and a network of contacts in the area of work;
20.A basic RF knowledge is also highly appreciated.
21.Common materials and their properties used in electronics industry
22.Basic knowledge of tooling and process for plastic injection, stamping, die-cast, painting, laser marking, structuring
23.Basic knowledge of welding, cutting, flexfilm technologies, PCB, ceramic substrate and ISO9000 or QS9000, APQP procedure

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eng039sh#dacare.com’(Please replace “#” with “@”)