GENERAL

edotco committed to Pakistan’s digital growth

 |  Tuesday, 18 December 2018 15:31  |  Published in GENERAL

edotco Group (“edotco”), an integrated telecommunications infrastructure services company has reinforced its commitment in Pakistan, now considered a country with the potential to create one of the largest digital audiences in the world.

At a recent meeting with Imran Khan, the Prime Minister of Pakistan, Datuk Azzat Kamaludin, Chairman of edotco Group and Suresh Sidhu, CEO of edotco Group shared their optimism of Pakistan’s connectivity developments and reiterated edotco’s continuing commitment to invest in the country’s digital growth through improved telecommunications infrastructure.

Salaries in Malaysia Increase by 5.0%, Aon Malaysia 2018 Salary Increase & Total Compensation Measurement Survey

 |  Tuesday, 18 December 2018 15:29  |  Published in GENERAL

Salaries in Malaysia increased by 5.0% in 2018, and are projected to increase by 5.2% in 2019, according to the Malaysia 2018 Salary Increase & Total Compensation Measurement Survey by Aon (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement, and health solutions.

These rates indicate that wages here are increasing faster than in Singapore (3.8% in 2018) and in-line with Thailand where salaries increased by 5.2% in 2018. Indonesia experienced a 7.6% rise in wages -- albeit with higher inflation and lower income base.

AirAsia’s non-airline digital businesses transferred to digital venture arm

 |  Tuesday, 18 December 2018 15:29  |  Published in GENERAL

AirAsia Group Berhad (AAGB) today announced the transfer of its digital businesses to Redbeat Ventures Sdn Bhd (RBV), its wholly owned subsidiary.

In a filing with Bursa Malaysia today, AAGB announced that RBV entered into a Share Sale Agreement with AirAsia Berhad and AirAsia Investment Ltd respectively on 25 June 2018 to acquire nine non-airline digital businesses as well as their subsidiaries.


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