Advancer to dispose of stake in Eazable

Singapore-based Advancer Global (43Q:SES), announced that its subsidiary Advancer Global Security entered into a share transfer agreement to dispose of its 45% total equity interest held in Eazable Pte. Ltd.

The group entered into the agreement with Teo Sau Keong, an employee of the group, on 1 February...

Fewer companies in Taiwan to give out year-end bonus (Taiwan News)

While most companies in Taiwan (85%) are willing to distribute year-end bonuses this year, the figure is 3% lower than last year, reports Taiwan News, citing a survey by 1111 Job Bank. The average year-end bonus for office workers is 1.32 months, a marginal decrease of 0.02 months from last year. Among...

Airtasker Q2 revenue edges up 7.8%, reports positive EBITDA

Australia-based B2C talent platform Airtasker yesterday reported revenue increased by 7.8% to AUD 12.2 million (USD 7.9 million) for the second quarter period ended 31 December 2023.

In its quarterly activity report, the group also reported a positive turnaround for EBITDA. Airtasker reported EBITDA of...

SIA announces new president, chief analyst

Staffing Industry Analysts announced the promotion of Ursula Williams to president. Williams will take over from Barry Asin, who will move into the role of chief analyst. This restructuring aims for greater alignment of responsibilities as well as enhanced positioning for SIA’s future plans.

Williams...

Half of Hong Kong employees plan to change jobs in 2024

Slightly more than half of Hong Kong employees (51%) are contemplating changing jobs in 2024, according to a study by recruitment firm Hudson.

The top three reasons driving employees in Hong Kong to consider job changes are: salary; job security; and hybrid working arrangements.

When it comes to the labour...

China’s white-collar workers saw salaries dip in 2023 (Bloomberg)

Nearly a third of Chinese office workers reported falling salaries last year, the highest share in at least six years, underscoring persistent deflationary pressures in the world’s second-largest economy, reports Bloomberg (paywall). About 32% of white-collar workers in China surveyed by the online...

TeamLease Services Q3 revenue rises 21.7% with profits up

TeamLease Services Ltd (TEAMLEASE:NSI) yesterday reported revenue from operations of INR 24.45 billion (USD 294.2 million) for the third quarter ended 31 December 2023, an improvement of 21.7% compared to the same period last year.

Quick Co revenue edges up 5.6% as profits rise

Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue today for the nine months ended 31 December 2023 of JPY 22.24 billion (USD 150.5 million), an increase of 5.6% compared to the previous year.

JTec nine-month revenue ticks up 2.9%

Japanese staffing company JTec Corp. (2479: JP) reported revenue today for the nine-month period ended 31 December 2023 of JPY 2.45 billion (USD 16.6 million), an increase of 2.9% compared with last year.

Matching Service acquires FourQuarters Recruitment in Australia

Japanese recruitment firm Matching Service Japan (6539:TYO) announced today it acquired 75.0% of the shares of FourQuarters Recruitment Pty. Ltd., an Australia-based recruitment firm.

The total price of the transaction is JPY 3.46 billion (USD 23.4 million), which includes advisory fees.

FourQuarters Recruitment...