Skali to get boost subsidiary

Skali Group, an e-business specialist company, is eyeing 20% to 30% revenue contribution from its subsidiary, Softlakes, in the next three years, states Bernama.

Its president, Aimi Aizal Nasharuddin, said the projection was in view of the fast growing ICT industry, which is expected to continue to underpin future growth and innovation.

Softlakes is the technology arm of Skali, set up last year with an initial capital of between RM1.3 million (R3.2 million) and RM1.4 million (R3.4 million).

The Qu'ebec government recently announced changes to the refundable tax credit for the development of e-business, reports Mondaq News Alerts.

The tax credit, which has a rate of 30%, is granted to an eligible corporation regarding the salaries paid to eligible employees for carrying out eligible activities.

Introduced last year, the tax credit itself does not change. Rather, the government has broadened one eligibility criterion to allow certain corporations operating in the information technology sector to qualify for the credit.

Arbour Group, a member of the Oracle Partner Network, is teaming with Oracle to provide a comprehensive solution to support FDA software validation requirements, including Part 11, for the Oracle E-Business Suite, says 24-7PressRelease.com.

According to Arbour, its Validation Accelerator Pack (VAP) for Oracle E-Business Suite provides a complete framework to synchronise validation evidence based on specific Oracle E-Business Suite deployment use case requirements.

It adds that the VAP's pre-configured framework outlines the validation plan and defines pre-populated validation protocols to execute with reports linked to the validation trace matrix which assure Oracle E-Business Suite validation integrity.