HONG KONG, July 19 /PRNewswire-Asia/ --The Federal Reserve and Bank of Japan have brought good news.
In a Memo issued by the Federal Reserve on July 16th, officials predict that the 18-month-long economic recession is grinding to a halt. Meanwhile Bank of Japan said on July 15th that Japan's economic downturn has reached the floor. China has also seen clearer economic recovery momentum in the first half of 2009, with its domestic industry taking on a prosperous scene.
Fairtheworld.com believes that the recovery signal sent by China, Japan and the U.S. indicates that main global economies are gradually bottoming out, which will instill confidence to global investment and employment markets. However, the gloom will not be dispelled immediately. In a prolonged period from now on, joblessness will remain high; there may be a lot of deficits or bankruptcies taking place in quite a number of enterprises. The best measure a company can take is to try its best to reduce cost, maintain and expand orders.
Some lavishly-funded enterprises may take this opportunity to start a global merger & acquisition spree and attract talent with high salaries, in a bid to prepare for a future expansion after the recovery. The "Fair N Fair" 3D Virtual Expo platform, which is being built by Fairtheworld, is born for aiding in this process. "Fair N Fair" targets industrial Top 500 companies around the world, as well as sourcing and supplying agencies and high-end talent from all countries. By entering the "e-commerce matrix" built by "Fair N Fair," companies can easily integrate global resources. A smooth and uninhibited human resource platform will help companies snatch up talent to its preference, while well-educated, highly-experienced talent can be discovered and chosen by high-end enterprises.
Fairtheworld predicts that the global merger & acquisition and recruitment surge will reach its peak before an economic re-bound, because all companies hope to get themselves ready before a genuine recovery.
For more information, please contact:
Dodona Song
Cell: +86-159-1626-1151
Email: news@fairtheworld.com
