logo
China's DeepSeek ramps up hiring with job posts on LinkedIn

China's DeepSeek ramps up hiring with job posts on LinkedIn

Straits Times03-07-2025
Sign up now: Get ST's newsletters delivered to your inbox
DeepSeek's US rivals like ChatGPT-owner OpenAI and Facebook-parent Meta Platforms have been racing to lure top AI talent.
– DeepSeek is ramping up its recruitment on LinkedIn, suggesting the Chinese artificial intelligence start-up may be looking to lure talent from outside its homeland.
The Hangzhou-based company posted 10 positions on the Microsoft-owned jobs and networking platform over the last week, its first listings for several months.
The jobs, posted in Mandarin along with their descriptions, included three roles focused on artificial general intelligence, or AGI. The positions are based in Beijing and Hangzhou.
DeepSeek did not immediately respond to a request for comment.
Similar jobs were posted earlier in 2025 on popular Chinese recruitment sites.
In 2021, LinkedIn shuttered a localised version of its platform in China, meaning many potential job candidates viewing the listings would be based outside of the country.
DeepSeek's rivals in the United States like ChatGPT-owner OpenAI and Facebook-parent Meta Platforms have been racing to lure top AI talent in a quest to dominate what could be world-changing technology.
Top stories
Swipe. Select. Stay informed.
Singapore $500 in Child LifeSG credits, Edusave, Post-Sec Education Account top-ups to be disbursed in July
Singapore Over 40% of Singaporean seniors have claimed SG60 vouchers: Low Yen Ling
Singapore Man to be charged after he allegedly damaged PAP campaign materials on GE2025 Polling Day
Singapore $1.46b nickel-trading scam: Ng Yu Zhi's bid for bail midway through trial denied by High Court
Asia 4 dead, 30 missing after ferry sinks on way to Indonesia's Bali
Asia Thai opposition to hold off on no-confidence vote against government
Singapore Pedestrian-only path rules to be enforced reasonably; focus on errant cyclists: Baey Yam Keng
Singapore Train service resumes across Bukit Panjang LRT line after power fault led to 3-hour disruption
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Microsoft Singapore managing director Lee Hui Li dies while on sabbatical
Microsoft Singapore managing director Lee Hui Li dies while on sabbatical

Straits Times

time17 minutes ago

  • Straits Times

Microsoft Singapore managing director Lee Hui Li dies while on sabbatical

Find out what's new on ST website and app. SINGAPORE - Lee Hui Li, managing director of Microsoft Singapore, has died, shortly after going on sabbatical from her role in May. Her age could not be independently verified. An obituary seen by The Business Times stated that Ms Lee passed away on July 24. The wake will be held at the Church of St Ignatius on King's Road from July 25, with the funeral scheduled for July 28, the obituary read. 'Hui Li was a visionary leader whose impact on Microsoft and the broader technology landscape in Singapore was profound. Throughout her career, Hui Li was known not only for her strategic brilliance, but for her warmth, authenticity, and unwavering belief in the potential of others and of Singapore,' a Microsoft spokesperson told The Business Times. 'She mentored countless leaders, built inclusive teams, and inspired all of us to lead with purpose. We extend our heartfelt condolences to Hui Li's family, friends, and colleagues,' the spokesperson said. Ms Lee was appointed managing director of Microsoft Singapore in March 2022, according to her LinkedIn profile. She had announced a sabbatical in May, without disclosing a reason. She had shared on her LinkedIn page two months ago that she would be starting a new position. Top stories Swipe. Select. Stay informed. Singapore HDB resale price growth moderates in Q2, more flats sold Singapore Etomidate found in blood samples of 2 people involved in fatal Punggol Road accident in May: HSA Asia Live: Thailand-Cambodia border clashes continue for second day Business GIC posts 3.8% annualised return over 20 years despite economic uncertainties Business GIC's focus on long-term value aims to avoid permanent loss amid intensifying economic changes Opinion No idle punt: Why Singapore called out cyber saboteur UNC3886 by name Singapore Prison officer accused of taking bribes to smuggle nude photos, prescription drugs to inmate Sport 'We can match Malaysia or do even better', say Singapore's divers Before taking on the top Singapore role, Ms Lee was general manager of Asia-Pacific enterprise commercial at Microsoft from July 2021 to March 2022, where she led regional sales and industry teams. Her career spanned 27 years and included senior roles at IBM, Symantec, Dell, HP and EY, according to her profile. Ms Lee was based in Singapore and held a degree in economics from the National University of Singapore. In a December 2024 interview with BT, Ms Lee outlined Microsoft's plans to accelerate artificial intelligence adoption in Singapore through customised, industry-specific solutions for large organisations. In a separate interview in April that year, she reflected on her experiences as a female, Asian leader in the male-dominated tech sector. She spoke of her commitment to building a workplace rooted in diversity and inclusivity, and to fostering an environment where differing perspectives are encouraged to challenge groupthink. THE BUSINESS TIMES

Vietnam mulls property transfer tax overhaul, sparking fears of stalled recovery momentum
Vietnam mulls property transfer tax overhaul, sparking fears of stalled recovery momentum

Business Times

time17 minutes ago

  • Business Times

Vietnam mulls property transfer tax overhaul, sparking fears of stalled recovery momentum

[HO CHI MINH CITY] Vietnam's Ministry of Finance has unveiled a sweeping proposal to overhaul the way personal income tax is applied to real estate transactions – replacing the current flat 2 per cent levy on selling price with higher percentages based on how long the property is held or 20 per cent of the actual capital gains per transaction. The ministry states that the change is necessary to plug tax loopholes, reduce speculation, and create a more equitable tax regime. However, industry stakeholders warn the shift could dampen liquidity, inflate prices for real homebuyers, and further weaken an already fragile property market. Under the proposal, individuals selling real estate would be taxed 20 per cent on the net profit, which is the difference between the selling price and the original purchase price, minus related costs. In cases where the purchase price or expenses cannot be verified, tax would be applied to the gross sale value based on how long the property was held. That marks a sharp increase from the current flat 2 per cent tax on selling price to as much as 10 per cent for properties owned for less than two years. The ministry says the new model better reflects true earnings and is modelled after systems used in Singapore, Taiwan and Malaysia, where tax rates also scale with holding periods to deter speculative flipping. In Singapore, for instance, residential properties resold within one year are subject to a 100 per cent tax on the price gain, while in Malaysia, the Real Property Gains Tax imposes rates of up to 30 per cent on properties sold within three years. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up The latest rule shift, outlined in the draft of the revised Personal Income Tax Law, is now open for public consultation until the end of this month and is expected to go before the National Assembly for review and approval this October. 'From my perspective, applying this tax model under current conditions without adequate infrastructure would be very challenging,' said Huynh Thi Huong Giang, head of research at property advisory firm Savills in Ho Chi Minh City. She noted that Vietnam's property data system remains fragmented, with transfer prices largely based on declared values in sales agreements, even though actual transaction prices are often higher. '(We expect) a negative impact on market liquidity, potentially slowing down transaction processes, causing tax collection bottlenecks, and increasing the risk of disputes and legal conflicts,' she noted. Sellers may also respond to higher taxes by raising housing prices to maintain their profit margins, potentially making homes less affordable for genuine buyers, Giang added. Nguyen Thi Thu Xuan, a Hanoi-based investor who frequently buys and resells homes with a group of friends, believes that speculative investing will continue both in undervalued properties and amid rising market prices due to a supply crunch. 'It won't hurt us as much as it hurts end-buyers who actually need a home,' she said, noting that additional tax costs could push prices even higher. Xuan added that in practice, if sale prices aren't truthfully declared, a 10 per cent or 20 per cent tax is mostly symbolic. 'It doesn't mean higher tax costs,' she said. 'In fact, steeper rates might just drive more people to exploit loopholes and underreport transactions.' The finance ministry appears aware of the challenges in applying the new property tax rule. In a response to local media, officials stressed the need for a gradual transition with a suitable road map, tied to the development of land and housing policies, data infrastructure, and legal frameworks for tracking and taxing property profits. Problematic timing Dinh Minh Tuan, southern regional director at PropertyGuru Vietnam, which owns the country's largest real estate portal says the timing of applying the new rule is problematic. 'While the policy aims to 'reward holders, penalise flippers,' it also raises concerns about timing and broader market impact, especially as the real estate sector remains sluggish,' he stated in a commentary. 'The proposal may prove more harmful than beneficial.' Vietnam's real estate market plunged into a slump in 2022 and 2023, with supply freezing up, liquidity drying out, and many housing projects stalling. Transactions started picking up in 2024 and 2025, showing signs of market recovery following a series of regulatory reforms. However, property prices have been soaring exponentially due to supply-demand imbalance and speculative buying, making them out of reach for most residents. In major urban centres such as Hanoi and Ho Chi Minh City, it now takes several decades of a family's median disposable income to purchase an apartment. 'We expect residential prices to continue their upward trajectory (for the rest of the year), largely driven by the launch of high-end projects and ongoing supply constraints,' noted Savills' Giang. A survey of more than 1,000 users found that 59 per cent bought real estate primarily for investment, not for personal use, and many plan to sell within the year. Tuan noted that short-term investors currently make up a significant share of the market, especially in segments of land plots and high-end condominiums. 'A 10 per cent tax would significantly eat into profit margins, reducing investment appeal and potentially pushing small investors out, further dampening market liquidity,' he stated. He believes this tax hike could act as an untimely brake, stalling recovery momentum and causing ripple effects across related sectors of the economy. The Vietnamese government is aiming for 8.3 to 8.5 per cent economic growth this year, from 7.1 per cent last year, to create a foundation for double-digit growth in the 2026-2030 period. According to a recent statement, Prime Minister Pham Minh Chinh emphasised that Vietnam must revitalise its traditional growth engines – domestic consumption, exports, and investment – while also embracing new drivers such as green growth and the digital economy. With US tariff hikes weighing on trade, experts say that a rebound in the real estate market and increased infrastructure spending will be crucial to boosting consumer confidence in a key driver of Vietnam's economy, where household consumption makes up around 60 per cent of its gross domestic product.

Unwell firefighter taken to hospital after kitchen fire at Boon Lay flat, Singapore News
Unwell firefighter taken to hospital after kitchen fire at Boon Lay flat, Singapore News

AsiaOne

timean hour ago

  • AsiaOne

Unwell firefighter taken to hospital after kitchen fire at Boon Lay flat, Singapore News

A firefighter who felt unwell while attending to a fire which broke out in a Boon Lay flat on Thursday (July 24) evening was taken to hospital. The Singapore Civil Defence Force (SCDF) told AsiaOne it was alerted to a kitchen fire in a fifth-floor unit at Block 197D Boon Lay Drive at about 6.20pm. Photos and videos of the incident posted to Facebook show white smoke billowing into the air as firefighters arrived. Residents had gathered at the playground and walkways below the block. A reporter from Chinese publication 8world who was at the scene heard glass shattering. About 100 had evacuated, according to the report. SCDF said the fire was extinguished with a water jet and a hose reel. A firefighter experienced fatigue and felt unwell during the operation. He was assessed by a paramedic and taken to Ng Teng Fong General Hospital for further checks. The firefighter has since been discharged and given three days of medical leave. The fire was likely caused by unattended cooking, according to preliminary findings. "SCDF would like to remind the public not to leave any cooking or heating activities unattended, and any gas or electric supply should be switched off when not in use," it added. [[nid:720495]]

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store