Asia Digest: PH-based Salarium suspends operations; Gulf Capital exits AmCan

Asia Digest: PH-based Salarium suspends operations; Gulf Capital exits AmCan

AmCan distribution centre. Image: Gulf Capital

Philippines-based payroll and HR software company Salarium has reportedly stopped operations over “technical issues” that it has been unable to resolve. In a separate development, UAE-based private equity firm Gulf Capital has announced its exit from AmCan, a MENA-based distributor of sports nutrition products.

Edited by: Pramod Mathew

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