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Australia – Airtasker H1 revenue growth boosted by Oneflare acquisition, but losses widen

27 February 2023

Australia-based B2C talent platform Airtasker reported revenue increased by 56.9% to AUD 21.8 million (USD 14.7 million) for the six months period ended 31 December 2022.

The group’s result reflected the rebound in the Airtasker marketplace in Australia post-Covid-19, organic growth and the contribution...


Australia – Ignite H1 revenue falls 6.2% as Specialist Recruitment business reports decline

27 February 2023

Australian recruitment firm Ignite (IGN:ASX) reported revenue decreased by 6.2% in the six months ended 31 December 2022 to AUD 55.7 million (USD 37.45 million).

The decrease in revenue was due to a continued focus in the Specialist Recruitment segment on higher margin placements, rather than on high...


Australia – AD1 Holdings H1 revenue climbs 15%

27 February 2023

AD1 Holdings (AD1:AU) announced today its half-year report for the six months ended 31 December 2022. Operating revenue stood at AUD 3.5 million (USD 2.35 million), up 15.2% over the prior corresponding period.

The company operates a number of SaaS work/business-related platforms such as Apply Direct...


Australia – Go2 People reports 19.7% increase in H1 revenue but loss of contracts hit profits

27 February 2023

The Go2 People Ltd. (GO2:ASX), the Australia-based provider of vertically integrated recruitment and training services, reported revenue totalled AUD 43.02 million (USD 28.22 million) for the six months ended 31 December 2022, up 19.7% over the prior year period.

Revenue growth was achieved despite...


Japan – Employers braced for talent exodus as professionals seek more money by moving jobs

27 February 2023

Almost half, or 48% of employers in Japan believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to new research from Morgan McKinley.

The research also found that 57% of employees in Japan are looking to move jobs in the first half of the year, with...


Singapore – HRnetGroup H2 revenue down 5.7%, professional recruitment and flexible staffing businesses report declines

24 February 2023

Singapore-based recruitment firm, HRnetGroup (HRNET:SP), reported revenue yesterday after markets closed for the six month period ended 31 December 2022 of SGD 297.6 million (USD 221.5 million), a fall of 5.7% compared to the same period in the previous year.

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Australia – Ashley Services H1 revenue rises 19.4% with growth boosted by Linc acquisition

24 February 2023

Australian training and labour hire firm Ashley Services (ASH: ASX) reported revenue today for the six-month period ended 31 December 2022 of AUD 262.4 million (USD 177.9 million), an increase of 19.4% compared to the previous year.

Ross Shrimpton, Managing Director, said "The first half of financial...


India – Formal employment sector to create 192,000 new flexi-jobs in formal sector (The Economic Times)

24 February 2023

The Indian Staffing Federation, the apex body for flexi staffing, has said that ‘flexi-staffing’ has registered substantial growth in the country with around 192,000 new flexi-jobs being created in 2022 in the Indian formal employment sector, reports The Economic Times. The Indian Staffing Federation...


Malaysia – SME Association says workers must show their value by being ‘reliable and productive’ (Free Malaysia Today)

24 February 2023

Now more than ever, workers in Malaysia must prove their relevance to their employers to avoid losing their jobs as times are tough, the SME Association of Malaysia stated. Its secretary-general, Chin Chee Seong, said employees must show their value to the company by being reliable and productive, reports...


Singapore – Advancer Global issues full year profit warning

23 February 2023

The Board of Directors of Singapore-based Advancer Global Limited announced yesterday that based on preliminary assessment of the group’s unaudited consolidated financial results for the financial year ended 31 December 2022, the group is expected to report a net loss for FY 2022 mainly due to impairment...