Resources Connection acquires CloudGo, a Singapore-based IT services provider

Resources Connection Inc. (NASDAQ: RGP), which operates as RGP, acquired a 100% stake in CloudGo Pte. Ltd., an IT services and consulting firm based in Singapore.

With the deal, US-based RGP aims to accelerate growth in its digital consulting business, CEO Kate Duchene said.

"The team at CloudGo brings...

Salary projections in Southeast Asia for 2024 defy economic slowdown concerns

Salaries across most of Southeast Asia are expected to increase in 2024, according to the latest 2023 Salary Increase and Turnover Report for Southeast Asia by Aon.

While salaries in Singapore and Malaysia are expected to stay flat at 4.0% and 5.0%, respectively, the survey found the median salaries are...

Over half of professionals in China optimistic about salary boost in 2024

According to research from Morgan McKinley, over half of professionals in Mainland China, or 52%, are optimistic that they will receive a salary increase next year.

The research also found that 47% of employers plan to increase salary offers in 2024 for specific in-demand roles.

At the same time, 57% of...

Hong Kong's seasonally adjusted unemployment rate improves to 2.9% in October quarter, and the labour market remains tight

Hong Kong's seasonally adjusted unemployment rate improved to 2.9% in the period from August to October 2023, from 3.8% during the same period a year ago, according to the latest labour force statistics published by the Census and Statistics Department.

The seasonally adjusted unemployment rate was up...

UT Group Q1 revenue falls 2.5% as profits tumble, announces acquisition of Hitachi Ibaraki Technical Service

Engineering and technical staffing firm UT Group Co. Ltd. (2146:TYO) reported revenue on Monday fell by 2.5% in the first quarter. Revenue totalled JPY 82.20 billion (USD 543.5 million).

Australian job board operator Seek on track to deliver FY 2024 guidance

Australian job board operator Seek Ltd. (SEK:ASX) said that based on year-to-date performance, it is on track to deliver FY 2024 guidance for revenue, EBITDA, and Adjusted Net Profit after Tax at the group level.

Seek forecasted revenue from approximately AUD 1.18 billion (USD 765.8 million) to AUD 1.26...

Indonesian domestic worker hiring must be via employment agency and Indonesian embassy

Employers who want to hire Indonesian domestic workers are required to use the services of private employment agencies and go through the Indonesian Embassy, according to the Human Resources Ministry.

The ministry added that the process has been outlined under the memorandum of understanding between the...

South Korea to spend $770 million to support 'NEET' youth's return to work (Yonhap)

The South Korean government will earmark KRW 1 trillion (USD 772.6 million) to implement extensive tailored programs to encourage more young people to join and stay in the labour market, reports Yonhap News Agency, citing the finance ministry. South Korea has seen growth in the number of young people...

Outsourcing amends results for prior years due to fraudulent financial reporting

Outsourcing Inc. (2427:TYO), the third-largest staffing firm in Japan, has wrapped up a series of investigations and announced amended financial results for the past several years. Outsourcing filed amended results on 14 November for fiscal years ending December 2019, December 2020, December 2021...

Online jobs advertising firm Kanzhun posts revenue increase of 36.3%

Kanzhun Ltd., (BZ:NSQ) the world’s seventh-largest provider of online job advertising, reported revenue rose 36.3% to RMB 1.61 billion (USD 220.2 million) in the third quarter, exceeding the high end of guidance. The Beijing-based company operates the online recruitment platform Boss Zhipin in China....