Category: Business

Post

Suncity Group Affirmed by Liaison Office for Anti-Pandemic Efforts

In Support of “One Country, Two Systems” Promoting the Core Values of Patriotism

 

MACAU, CHINA - Media OutReach - 22 July 2020
- Alvin Chau, Chief Executive Officer and Director of Suncity Group, together with Gina
Lei, Senior Vice President of Corporate & Community Relations of Suncity
Group and other delegates, paid a visit to the Liaison Office of the Central
People's Government in the Macao Special Administrative Region on July 21, and
was warmly received by officials including Yao Jian, Deputy Director of the
Liaison Office of the Central People's Government in the Macao Special
Administrative Region, Chen Guokai, Director General of Economic Affairs
Department of the Liaison Office of the Central People's Government in the
Macao Special Administrative Region, Dai Ruming, Deputy Director General of the
Social Work Department of the Liaison Office of the Central People's Government
in the Macao Special Administrative Region, and Zuo Xianghua, Director of
Economic Affairs Department of the Liaison Office of the Central People's
Government in the Macao Special Administrative Region.

 

 

Alvin Chau, Chief Executive Officer and
Director of Suncity Group, together with delegates, paid a visit to the Liaison
Office of the Central People's Government in the Macao Special Administrative
Region and was warmly received by Yao Jian, Deputy Director of the Liaison
Office of the Central People's Government in the Macao Special Administrative
Region, with Chen Guokai, Director General of Economic Affairs Department of
the Liaison Office of the Central People's Government in the Macao Special
Administrative Region, Dai Ruming, Deputy Director General of the Social Work
Department of the Liaison Office of the Central People's Government in the
Macao Special Administrative Region, and Zuo Xianghua, Director of Economic
Affairs Department of the Liaison Office of the Central People's Government in
the Macao Special Administrative Region also in the meeting.

 

 

As a token of appreciation, Alvin Chau
received the Certificate of Donation from the Liaison Office of the Central
People's Government in the Macao Special Administrative Region for his effort
in this fight against the pandemic.

 

Deputy Director Yao expressed welcome
and, as a token of appreciation, presented a Certificate of Donation to Suncity
Group for the Group's effort and contributions in the fight against the
pandemic. He re-affirmed the Group's swift response as the Group dedicated its
effort through a series of donations, showing the patriotic spirit of Macao
compatriots. As the anti-pandemic measures have become a new normal, it becomes
even more important for Suncity Group to strengthen itself and contribute its
effort towards the city.

 

Alvin Chau stated
that as a Macau enterprise dedicated to charity and community affairs,
patriotism is part of Suncity Group's core value. And in the face of the
pandemic, it is essential that the Group, adhering to President Xi's call on
entrepreneurs, takes on its social responsibilities and support the country and
the Special Administrative Region in implementing the anti-pandemic measures.
Facing the new normal, Suncity Group is confident that together with the Macau
society, we will surely emerge victorious and, staying true to the core value
of patriotism and support for "One Country, Two Systems", contribute to the
prosperity of Macao and the Chinese nation.

 

Since the early stages of the pandemic, under the
coordination of the Liaison Office of the Central People's Government in
the Macao Special Administrative Region, Suncity Group donated to Hubei
Province MOP 30 million to purchase urgently needed medical resources for Wuhan
hospitals, such as medical equipment, reagents, medicines, protective
equipment, decontamination equipment, especially consumables such as masks that
a large amount are required. In addition, to relieve the scarcity of protective
masks for frontline officers on vital posts, Suncity Group purchased 20,000
surgical masks, which are donated to Immigration and Customs officers at Hong
Kong-Zhuhai-Macau Bridge checkpoints. In the name of himself, Alvin Chau
donated, through the Liaison Office of the Central People's Government in
the Macao Special Administrative Region, another MOP 30 million and about
60,000 respirators to Hubei Province in support of the country's anti-pandemic
measures. As a gesture of gratitude, Alvin Chau received the Certificate of
Donation from the Liaison Office of the Central People's Government in the Macao Special
Administrative Region for his effort in this fight against the pandemic.

 

High-resolution
images can be downloaded in the gallery:

https://dropbox.suncity-group.com/url/july22

About Suncity Group

Suncity
Group was founded in 2007. Since establishment, Suncity Group has been striving
to provide the extraordinary VIP entertainment service for our guests, and we
then opened a number of VIP Clubs in various 6-star hotels and resorts
throughout Macau with the rapid growth of our business. Meanwhile, we
successively set up exclusive VIP Clubs in Manila, Seoul, Incheon, Phnom Penh
and Da Nang, etc.

 

Adhering to
the spirit of "Innovating With Diversity, Striving For Success", Suncity Group
spared no effort to develop high-end entertainment services and products as
well as roll out global VIP loyalty program for the selected members to enjoy
entertainment, travel, catering services, luxury shopping and motion picture.
Today, the scope of our business covers most sectors, especially in the fields
of global travel, film production, concert and event planning, catering and
luxury goods.

 

As a Macau
born and bred enterprise, Suncity Group is not only devoted to develop the
Asian market, but also oriented to expand the global network. In the future, we
will surely continue to diversify our VIP entertainment services, attract more
exclusive members and make every effort to promote our business in every corner
of the world.

 

Official Website | www.suncitygroup.com.mo/en

Post

G20 countries in Asia Pacific are not prepared for the needs of ageing populations, according to new research from the Economist Intelligence Unit

  • Australia leads the Asia
    Pacific region in creating an enabling environment supportive of longevity and
    healthy ageing with an overall score of 75.2 out of a possible 100, ranking
    second globally behind the US
  • South Korea (4th) and Japan (8th)
    perform well with scores above the global average of 59.4
  • South Korea leads the G20 in
    areas of 'accessible economic opportunity' and 'inclusive social structures and
    institutions'
  • Countries with the oldest
    populations are broadly better positioned to address the needs of older people
    across the globe
  • High-income countries are more
    prepared, but middle-income countries are making progress
  • Poverty levels among older
    populations is a concern. The poverty rate for people aged above 66 in South
    Korea and Australia is over 10 percentage points higher than for total
    populations

 

HONG KONG, CHINA - Media OutReach - 22 July 2020 - More
people are living into old age than ever before. In 2018 The World Health
Organization predicted that by 2020 there would be more people aged over 60
years than there are children under 5 years. This prediction is on track to be
correct,and numbers in the older cohort continue to rise. This has
created challenges in providing health and social services for burgeoning older
populations and governments across the globe have been slow to react.
Priorities are now shifting from solely addressing the health of older people,
to how societies can maximise this opportunity and provide effective, inclusive
environments in which to age.

This report from The Economist Intelligence Unit describes
findings from the "Scaling Healthy ageing, Inclusive
environments and Financial security Today" (SHIFT) Index
", a benchmarking analysis around ageing
societies. The SHIFT Index benchmarks
against a set of national-level leading practices in creating an enabling
environment supportive of longevity and healthy ageing for societies in the 19
countries comprising the Group of Twenty (G20). The SHIFT Index captures the multifactorial variables that impact
ageing across three domains: adaptive health and social care systems;
accessible economic opportunity; and inclusive social structures and
institutions.

The research found that no G20 country is
fully prepared to support healthy, financially secure, socially-connected older
people. The US, Australia, Canada and South Korea ranked highest in our index
with scores in the 70s out of 100 (see table below). Broadly, those countries
with a higher proportion of people aged over 50 -- including the three highest ranking countries plus South Korea,
Germany, France and Japan -- are implementing more
leading practices to enable inclusive environments. Wealthy countries may find
it easier to respond, but wealth is not a prerequisite for providing supportive
environments. The best scoring health systems tend to be high-income countries,
but upper-middle income Brazil, and lower-middle income Indonesia are also
making strides to improve health systems.

 

As a whole, the G20 countries perform best
in providing adaptive healthcare systems and worst in providing inclusive
social structures and institutions, indicating that countries still have work
to do to shift the focus towards building more welcoming societies for older
adults as they age. Countries also have room to improve in providing more
accessible economic opportunities to older workers.

 

Despite clear progress made, governments
have more work to do to make sure their health systems are adaptive to the
needs of older adults as they age, while also fostering inclusion and ensuring
individual economic security. A key
barrier to addressing this is lack of robust age-disaggregated data collection
by governments in areas such as dedicated health professionals, the extent of
isolation and loneliness as well as mental health.

 

The SHIFT
Index reveals several priority areas that may form the basis of policy
responses to develop more accessible and inclusive societies for older people:

 

  1. Collect better data: Countries
    should collect and publish detailed, age-disaggregated health and economic data
    annually so policymakers can develop evidence-based programs and policies.

  2. Address poverty among older
    people: Some older adults choose to work longer, others must. Governments can
    ensure the financial health and security of older adults by creating more
    inclusive work environments. This starts with removing barriers to working
    longer that exist in some markets.

  3. Prevent a care crisis among the
    elderly: The provision of care for older adults--both formal and informal--and
    the accessibility of, or access to, long-term care is ill-defined and is an
    area for further research. 

  4. Enable older people's voices to
    be heard: The views and needs of older people are not routinely collected and
    they are not represented well in policy consultation.

  5. Address age-related
    discrimination: Few countries categorise age-discrimination as a crime outside
    of employment practices. Fighting discrimination as well as physical, emotional
    and financial abuse of older adults, will encourage greater social cohesion
    across generations. 

  6. Support training and upskilling
    of older people: Supporting older people with the skills and help needed to
    navigate increasingly complex and digitised health and social care systems
    should be an area of focus.

 

Jesse Quigley Jones, managing editor at The
Economist Intelligence Unit and editor of the report, said, "The challenges
that ageing populations present for economies and health systems have long-been
understood, yet provision of inclusive, supportive environments for older
people has not been a high-profile policy priority. Although wealth has emerged
as a theme in the Index as a contributing factor towards healthy ageing
indicators, it is not necessarily a prerequisite for providing supportive
environments. Lower-income nations can take low-cost measures that improve
ageing societies, such as enacting inclusive work environment policies and
fostering inclusive and enabling social environments.

 

With older people particularly vulnerable
to the health and societal impact of the covid-19 pandemic, it is more
important than ever for older people to lead healthy, independent lives for as
long as possible and avoid the need for institutional care. While our data were
collected pre-pandemic, the priorities identified in the report are now thrown
into sharper light and may serve as a wakeup call for governments across the
globe for providing adaptable, accessible and inclusive environments in which
populations can age."

 

For
the whitepaper, infographic and index workbook, please visit
ageingshift.economist.com

About the research

Shifting demographics: a global study on
inclusive ageing
is a report by The Economist
Intelligence Unit, supported by Amgen. It considers policy efforts to address
active and inclusive ageing in 19 countries based on a first-of-its-kind index
that benchmarks each country's performance across accessible and affordable
healthcare, social connectivity among older adults, and finance security
practices and policies.

The "Scaling Healthy ageing, Inclusive
environments and Financial security Today" (SHIFT) Index and the related
research programme whose findings form the basis for this report were informed
by extensive research and guided by an international panel of experts from
across academia, government, non-governmental organizations (NGOs) and
international financial institutions.

The following 19 countries (comprising
the G20 and excluding the EU) are included in this analysis: Argentina,
Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy,
Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK
and the US. These were selected to broadly represent the world: covering
roughly 65% of the population and 75% of global GDP.

About The Economist Intelligence Unit

The Economist
Intelligence Unit is the world leader in global business intelligence. It is
the business-to-business arm of The Economist Group, which publishes The
Economist newspaper. The Economist Intelligence Unit helps executives make
better decisions by providing timely, reliable and impartial analysis on
worldwide market trends and business strategies.

More information
can be found at www.eiu.com or www.twitter.com/theeiu

About Amgen

Amgen is committed
to unlocking the potential of biology for patients suffering from serious illnesses,
by discovering, developing, manufacturing and delivering innovative human
therapeutics. This approach begins by using tools like advanced human genetics
to unravel the complexities of disease and understand the fundamentals of human
biology.

Amgen focuses on
areas of high unmet medical need, and leverages its expertise to strive for
solutions that improve health outcomes and dramatically improve people's lives.
A biotechnology pioneer since 1980, Amgen has grown to be one of the world's
leading independent biotechnology companies, has reached millions of patients
around the world, and is developing a pipeline of medicines with breakaway
potential.

For more
information, visit www.amgen.com or www.twitter.com/amgen.

Post

LEMI Launches Worldwide Digital Coupon Service To Support Small Businesses

Lemi enables users to purchase coupons and generate immediate upfront cash flow for businesses around the world

 

HONG KONG, CHINA - Media OutReach - 21 July 2020 - Lemi, an exploration-driven social sharing platform based in Hong Kong, today announced it has launched a digital coupon service that supports businesses as they recover from losses incurred during the pandemic. Lemi's coupon service helps businesses generate an additional revenue stream and broaden their customer base.

 

Users may select from a vast array of businesses -- located anywhere in the world -- on the Lemi app, then choose a coupon from the available selection to buy for later use. These coupons require a credit card to purchase and can be bought for the user themselves or sent as a gift to a friend on Lemi. 

 

Upon confirmation, partner businesses can have the money remitted to their bank accounts, while users receive the coupon as store credit to be spent at a time of their choosing. This helps businesses boost their immediate cash flow instead of only receiving funds when the customer activates the coupon. For non-partner businesses, Lemi will contact them to discuss whether they wish to accept the transaction. The user will be notified within a week if the purchase is successful or be refunded if not.  

 

Partner businesses of Lemi can leverage this service to offer different types of coupons to users. The coupons are fully customisable according to the business's needs, such as discounts for off-peak hours or cash value vouchers. A digital trail is generated when a transaction is made in order to prevent fraud and ensure authenticity. The solution also features an encrypted chat function for businesses to interact safely with their customers, as well as data analytics that analyses non-personal data to build a profile of target customers for each enterprise.

 

"We have always had a passion for supporting small businesses, which make up the heart and soul of local travel. The global pandemic has had a significant impact on them, and many are at risk of shutting down their operations and disappearing forever. We are stepping up to support their recovery by providing a secure digital coupon platform for them, which opens up options to generate revenue from local and geographically-distant customers," said Cheryl Ng, Founder of Lemi.

 

To help reduce the burden of cost, Lemi does not charge for setup and only earns revenue on a commission basis. All profits earned by Lemi will be reinvested into purchasing more coupons, revenue that will be distributed towards small businesses. 

About Lemi

Founded in Hong Kong in 2015, Lemi is an exploration-driven social sharing platform with a mission to amplify the authentic local stories curated by its community. Guided by positivity, Lemi features genuine recommendations from locals and travellers, inspiring users to see the world from a different perspective. 

 

Lemi has organically created a strong community of users present in 741 cities over 96 countries, who share self-created travel content that reaches 141 countries -- over 40 percent of which is shared by locals. Promoting the values of unity in diversity and the acceptance of differences, Lemi's vision is to help build a world where 'different' is always associated with 'good'.  

For more information, please visit: lemi.travel 

Post

Senoko Energy, Electrify and Engie Factory Team Up To Launch Singapore’s First Pilot Project In Peer-To-Peer Renewable Trading

SINGAPORE
- Media OutReach - July 21, 2020 -
Senoko Energy, one of Singapore's
largest and most established energy companies, today launched a pilot project to
introduce peer-to-peer (P2P) trading of renewable energy in collaboration with Singapore's
foremost energy innovation company, ELECTRIFY, and ENGIE Factory, the venture
arm of French multinational electric utility company, ENGIE.

 

Sponsored by ENGIE Factory, the initiative will
enable Singapore households and businesses to register for ELECTRIFY's P2P
trading platform through Senoko Energy's new service offering, SolarShare. Upon
registration, producers and consumers will be able to trade locally-produced
solar energy with a like-minded community. Registered users will also benefit
from the dynamic pricing of their green electricity rates due to the ability to
determine the buying and selling price through the trading platform.

 

The option to participate in the pilot project will
be made available to new and existing Senoko Energy customers, limited
initially to a closed community of 100 participants. The aim is to test the
potential for commercialisation of this new energy offering, with the ultimate
goal of rolling it out to all households and businesses in Singapore.

 

James Chong, Head of Commercial Division of Senoko
Energy, said: "The concept of P2P energy trading is highly innovative and
smart, and its adoption around the globe is still in its early stages. We are
very excited to collaborate with ELECTRIFY and ENGIE Factory, because we
believe this will be the future of our energy industry, driven by a community
of like-minded individuals and companies."

 

He added: "Our decision to invest in SolarShare is
driven by two key factors -- our commitment to meet Singapore's renewable energy
demand and to empower Singaporeans with greater choice in their electricity
consumption. A 'prosumer' culture will strengthen the energy security of
Singapore as producers can contribute excess energy to the energy grid, while
consumers can choose where their electricity comes from at their preferred
price."

 

How it works

ELECTRIFY's platform will use real-time data at
30-minute intervals to enable comparisons between the amount of energy
supplied, the market demand and the prices offered. Both residential and commercial
users will be able to log onto the energy trading platform to view the
available solar producers and choose whom to buy from based on their energy
usage. 

 

The energy demand during non-daylight hours will
continue to be met by Senoko Energy to ensure there is no disruption in the
physical supply of electricity. Customers who choose to purchase green energy
from the P2P platform will receive a consolidated bill from Senoko Energy at
the end of the month, making it a seamless experience.

 

Martin Lim, Chief Executive Officer and Co-Founder
of ELECTRIFY, said: "Our P2P energy trading platform is one of the very few in
the world that will allow for trading across a national electricity grid. With
this technology, Singaporeans will get access to a reliable, secure and
transparent platform to buy and sell renewable energy."

 

"Our collaboration with Senoko Energy and ENGIE
Factory is ground-breaking in the way it transforms the dynamics between energy
suppliers and consumers. We're thrilled by this shared commitment to strengthen
Singapore's position as an energy leader with new and sustainable innovations.
I expect this demonstration to pave the way for other power grids to develop
more inclusive business models to benefit the world."

 

Quentin Vaquette, Managing Director of ENGIE
Factory, said: "At ENGIE Factory, we are committed to accelerating the
transition to zero-carbon. Currently, there are just over 1,200 private
residential properties in Singapore that have solar rooftop installations, with
the potential for as many as 65,000 installations.[1]
Through this pilot P2P project, we hope to encourage more Singaporeans to adopt
renewables and help lower our nation's carbon footprint."

 

Interested parties can register their interest via www.solarshare.sg starting from 21 July 2020.

About Senoko Energy Pte Ltd

Senoko Energy Pte Ltd provides energy for
life to generations of Singaporeans, delivering safe, innovative, and efficient
energy supply to customers since 1977. Integral to Singapore's development, it
is a pioneer in power generation and energy solutions, serving Singapore's
energy needs with proven reliable performance.

 

As one of the largest power generation
companies by installed capacity in Singapore, Senoko Energy has a licensed
capacity of 2,807 megawatts (MW), providing about one-fifth of the nation's
electricity needs. The company launched its retail brand in 2018, offering
retail products and services for Singapore households and small and medium
enterprises (SMEs) in the Open
Electricity Market.

 

Senoko Energy aims to be an energy
provider with a positive impact on the environment by advancing sustainability in
its operations as well as in its various CSR programmes. It was the first power
generation company in Singapore to import clean natural gas for power
generation in 1992, and first to launch a combined cycle plant in 1996. Senoko
Energy has achieved a 42 per cent reduction in its carbon footprint since 2000.

 

Senoko Energy is the winner of the
inaugural Singapore Energy Award in 2013 and is ISO certified in business
continuity, business processes, environmental and work safety, and quality,
amongst others. In 2019, the company was also awarded the SkillsFuture Employer
award.

 

Senoko Energy has subsidiaries providing
retail of electricity and related services, fuel storage tank leasing and
terminal services, and gas operations services. It is owned by a consortium
comprising Marubeni Corporation, ENGIE, The Kansai Electric Power Co. Inc.,
Kyushu Electric Power Co. Inc. and Japan Bank for International Cooperation.

 

Visit www.senokoenergy.com for more information.

 

About
ELECTRIFY

 

ELECTRIFY
is a Singapore-based energy innovation company established in March 2017 to
address the need for transparency and security against the backdrop of
increasingly liberalised electricity markets around the world. ELECTRIFY has
developed a utility-grid wide peer-to-peer (P2P) energy trading platform that will
potentially drive the adoption of renewable energy. 

 

ELECTRIFY
launched Electrify.SG in July 2017, Singapore's first retail electricity
marketplace. This marketplace was built to help electricity consumers select
the most suitable energy plan for their needs. The cloud-based platform has
transacted over 60GWh of electricity since its launch and helped over 500
commercial and industrial companies in Singapore save a combined S$1.5 million.

 

ELECTRIFY's
longer-term vision is to drive a sustainable energy future built around energy-innovation
technologies, such as IoT, AI and blockchain. Using real-time data, it has
developed a contracting platform which facilitates P2P energy trading across an
existing city-wide grid. Individual producers of energy, such as owners of
solar panels, will be empowered to sell excess power to other consumers across the
power grid. In February 2019, ELECTRIFY completed a successful alpha test with
12 consumers and three producers.

 

Following a strategic investment from TEPCO Frontier Partners, a
subsidiary of the Tokyo Electric Power Company (TEPCO), ELECTRIFY entered a Memorandum
of Understanding with TEPCO to explore the deployment of its technology for the
Japanese market.

 

ELECTRIFY is poised to play a significant role in the Asia-Pacific
energy landscape for years to come with upcoming projects in the region.

 

For
more information, visit www.electrify.asia/

 

About
ENGIE Factory Asia-Pacific

 

ENGIE Group is a global energy and
services group that focuses on three core activities: low-carbon power
generation (mainly based on natural gas and renewable energy), global networks
of energy infrastructure and customer solutions (focused on smart cities).
ENGIE Factory Asia-Pacific is the venture arm of the ENGIE Group in Asia.

 

ENGIE Factory's mission is to accelerate
the transition to a zero-carbon society by partnering with startups and
aspiring founders who share the same drive to deliver real impact. We build,
scale and invest in startups and individual founders who believe they can solve
these global challenges. How we do this is in three different approaches.

 

In the first approach, we commit to
innovative ventures right from the beginning. We identify great founders and
entrepreneurial teams to co-create new business models and start impactful
companies.

 

In the second approach, we partner with
high growth startups to expand solutions to global customers. We are always on
the lookout for startup solutions that can open new business opportunities or
solve pain points that we have identified in our ENGIE businesses.

 

Last but not least, our third approach is
to invest in startups from the sectors of sustainability and smart cities. We
invest through our Engie New Ventures €180 million fund and take minority
stakes in technology startups that complement existing activities and resources
to spur internal innovation within Engie Group.

 

Visit www.apac.engiefactory.com for more information.

Post

Singapore Businesses Avoid Massive Layoffs, Move Toward Cautious Hiring: Aon Pulse Survey

  • 18% of businesses report a hiring freeze compared to
    30% in April
  • Three fourths of Singapore companies have refrained
    from layoffs

SINGAPORE
Media OutReach - 21 July
2020 - Aon plc (NYSE: AON), a leading
global professional services firm providing a broad range of risk, retirement
and health solutions, has released the results of a new pulse survey that
explores how companies in Singapore are planning for changes in the rewards and
talent landscape in a COVID-19 world.

 

Aon
conducted the survey, "Setting
the Stage for the Future of Rewards and Work,
" from June 9 to June 15,
2020. This follows a previous study that was conducted from April
28 to May 1, 2020.

 

"Our latest survey results
show a stabilization in businesses in Singapore. While layoffs are slightly on
the rise, more businesses are moving to cautious hiring practices while
adjustments to rewards have averted widespread downsizing efforts," says Alexander
Krasavin, partner, Radford, and regional commercial head, APAC & MEA at Aon.
"We hear from clients that they are looking beyond the immediate economic
impact of COVID-19 and planning for longer-term structural changes to
operations and workforce strategies. They are seeing opportunity within a very
difficult situation."

Employees
in high-risk environments may lose their "hazard pay"

As businesses in
Singapore deal with the economic impact of the pandemic, many are changing
their rewards programmes, most often by postponing salary increases. Between
Aon's May and June pulse surveys, businesses delaying salary increases for all employees
grew from 24% to 29%.

As more businesses
reopen, they are also pulling back on special "hazard pay." Survey participants
that reported paying hazard pay to employees in a higher risk environment in
May was 12%. By the June pulse survey, only 9% of participants said they have stopped
providing this allowance.

 

Most companies report "zero downsizing efforts"

As companies take
steps to contain costs through modifications to rewards, most participants
continue to report "zero downsizing efforts." Approximately three-fourths of
Singapore businesses surveyed said they have refrained from layoffs for now. However,
the percentage of participants that confirmed layoffs rose slightly to 15% in
the June survey from 13% in May and only 4% in April.  

 

In addition, more
Singapore businesses are moving toward cautious hiring from a complete hiring
freeze. The percentage of surveyed businesses that reported a hiring freeze
fell almost by half, from 30% in April to 18% in June. Those in a cautious
hiring state rose from 46% to 60% during the same period.

Singapore companies view current situation as
opportunity, not obstacle

When asked how the
experience of responding to COVID-19 might change future workforce strategies,
56% of companies in Singapore expect their digital transformation agendas to
accelerate and 89% are planning for different working models, such as an increase
in permanently remote employees and more flexible working hours. In fact, 75%
of participants said that they are offering flexible working hours to employees
with young children − an increase from 67% in April and May.

About the Survey

This is the fourth edition of Aon's COVID-19 pulse
surveys.
A total of 1,940 companies around the world
responded, with 417 respondents from Singapore. Survey results are available
here and are complimentary for all participants.


About Aon

Aon plc (NYSE: AON) is a leading global
professional services firm providing a broad range of risk, retirement and
health solutions. Our 50,000 colleagues in 120 countries empower results
for clients by using proprietary data and analytics to deliver insights that
reduce volatility and improve performance.


Follow
Aon on 
Twitter and LinkedIn.  

Stay up to date by visiting the Aon Newsroom and hear from Aon's expert advisors
in 
The One Brief. Sign up for News Alerts here.


Post

PETRONAS New Energy Teams Up With NEFIN Group to Power 15 Tesco Stores in Malaysia with Renewable Energy

HONG KONG, CHINA - Media OutReach - 21 July 2020 - Following the launch of its first
solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set
to grow in the domestic renewable energy space with its first commercial
customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco).

In delivering its commitment to Tesco, PETRONAS
New Energy has collaborated with NEFIN Group,
a regional renowned bespoke solar developer, and formed a joint-venture company
together known as NE Suria Satu Sdn Bhd (NESS), to provide a solar rooftop
solution covering design, installation, operation and maintenance of solar
photovoltaic panels for selected Tesco stores nationwide.

The provision of the solar rooftop solution is
now ongoing until 2040, after the signing of a 20-year Power Purchase Agreement
(PPA) between NESS and Tesco, the largest commercial solar PPA of its kind in
Malaysia.

The first phase of the project will collectively
generate about 18 gigawatt hours (GWh) of clean energy per year from the 15
selected Tesco stores around the northern and central regions of Peninsular
Malaysia, enabling Tesco Group to achieve its goal of becoming a zero-carbon
business by 2050.

Head of PETRONAS New Energy, Dr. Jay Mariyappan
said: "This PPA is a testimony to our significant growth aspirations as a
company that provides sustainable energy solutions. This first venture with
Tesco, signifies our commitment in realising our vision of becoming a leading
global provider of cleaner, reliable as well as cost-effective energy
solutions".

"Partnerships are imperative to succeed in
the dynamic energy industry as it enables us to provide more competitive
and customer-centric solutions."

"Moreover, collaboration has always been a
key enabler for PETRONAS to grow its businesses and support a mutual green and
clean agenda, together with our partners," he added.

Mr Glenn Lim, CEO of NEFIN Group, said: "We are
proud to join forces with PETRONAS New Energy -- combining our extensive
expertise and experience in renewable energy, including the design and
implementation of high safety and quality solar solutions, to support
multi-national corporations to achieve their carbon neutrality goals."

PETRONAS' New Energy portfolio is set to grow further
as the company is actively pursuing opportunities to expand the reach of its rooftop
solar solutions to commercial and industrial sectors.

Currently, PETRONAS New Energy has more than
650MW of solar projects that are operating and under construction in India and
Dubai, and over 1GW of projects under development.

NEFIN Group is a regional renowned solar
developer with bespoke experience in solar system deployment and a committed
partner to organsations to achieve carbon neutrality and do its part in the
global efforts to fight against climate change. It has deployed over 300MW
solar projects regionally. Amidst the COVID-19 pandemic, NEFIN Group managed to
successfully complete several PV projects around Asia, including but not
limited to, Bosch Automotive Nanjing, the largest Bosch solar project globally
and St Paul's College, one of Hong Kong's most recognized school since its
establishment in 1851.  

Issued jointly by:

Media Engagement

Group Strategic Communications

PETRONAS

 

PR & Marketing

NEFIN Group

About PETRONAS

Petroliam Nasional Berhad (PETRONAS) is a
global energy and solutions company, ranked amongst the largest corporations on
Fortune Global 500®.

PETRONAS New Energy is PETRONAS' renewables
business that currently includes M+ by PETRONAS which has more than 50MW of
solar solutions under development with commercial and industrial customers in
Malaysia, and its 100% owned distributed energy company, Amplus Energy
Solutions that has more than 650MW of operating and under construction solar
projects in India and Dubai. 

About
NEFIN Group

 

Founded by core management team of DuPont Solar
Business, legal expert and investment bankers, NEFIN Group has collectively
delivered over 300MW of utility-scale, commercial and industrial rooftop solar
systems regionally. The mission of NEFIN is about achieving carbon neutrality
for companies. The group offers consulting services such as due diligence,
feasibility studies and lender-technical advice on top of project development,
system design, engineering and asset management. NEFIN Group also offers flexible
financing options to partners who opt for zero investment. Please refer to
NEFIN's website www.nefinco.com for more information.

Post

SP Jain School of Global Management introduces flexible learning options for its BBA program

SINGAPORE - Media OutReach - 21th July
2020 - SP Jain School of Global
Management
(SP Jain Global)
announced today the launch of a new set of flexible learning options for its
Bachelor of Business Administration (BBA) program amid the uncertainty
surrounding the COVID-19.

 

SP Jain which has campuses in Dubai,
Mumbai, Singapore and Sydney said today that students who sign up for its BBA
program can choose which campus they would like to study at. For instance,
students who enroll from Southeast Asian regions like Vietnam, Indonesia and
the Philippines may prefer to study the first two years in Singapore and travel
to Sydney for the final two years. It's an exciting 2 + 2 model that leads to
an Australian degree with Australian post study work possibilities as per the
current policy. SP Jain has also recently launched a new high-end online
learning format for students unwilling to go to a physical campus. This gives
students considerable flexibility to decide based on their preferences. 

"SP Jain is known worldwide for offering a
unique tri-city BBA program where students study in not one, but a minimum of
three international cities," shares Nitish
Jain, President, SP Jain Global.
"But we are now living in unprecedented
times and the need of the hour is to address uncertainty with flexibility. We
are confident that students and parents will benefit from these new options in
a number of ways, including the ability to ensure that they are able to make
the best academic choices for their interests and ambitions."

The
SP Jain President shares that the School's original tri-city model will also
continue to be offered for those who wish to study in Singapore, Dubai and
Sydney and explore employment opportunities in Australia on graduation. "Our
students have found much success in Australia -- both during the program and
after -- so it is only natural that we will continue to offer our original model
for students who don't mind travelling to three countries."  In 2019, over 50% of the School's
BBA graduates secured employment in Australia with average starting salaries of
AUD 55,000. Other placement
locations include UAE, Singapore, Vietnam, Japan, Rwanda, India, Germany,
Argentina, Brazil and the USA. 

 

Admissions
for the BBA are currently open with classes expected to commence in September
2020.

ABOUT SP JAIN SCHOOL OF GLOBAL MANAGEMENT (S P JAIN GLOBAL)

S P Jain is an Australian business school with campuses in Mumbai,
Dubai, Singapore and Sydney. The School offers a plethora of undergraduate,
postgraduate, professional and doctoral programs with a motive of crafting
leaders for the 21st century workplace. Their
full-time MBA programs have significant recognition as evinced through global
rankings.

 

-         
Forbes: Top 15 Best International
1-year MBAs (2019-21)

-         
Times Higher Education-Wall
Street Journal: Top 5 Best International 1-year MBAs (2018)

-         
Forbes: Top 20 Best International
1-year MBAs (2017-19)

-         
The Economist: Top 100 Full-Time
MBAs worldwide (2015)

-         
Forbes: Top 10 Best International
1-year MBAs (2015-17)

-         
Forbes: Top 20 Best International
Business Schools (2013-15)

-         
Financial Times: Top 100 Global
MBA programs (2011 and 2012)

 

S P Jain is registered as a Higher Education Provider in Australia. Upon
graduation, students receive a degree conferred by S P Jain School of Global
Management, Australia. S P Jain's world-class business courses are accredited
by the Department of Education/Tertiary Education Quality and Standards Agency
(TEQSA), Australia.  S P Jain is registered as a Private Education
Institute (PEI) by the committee for Private Education (CPE), Singapore. 
The academic qualifications granted by S P Jain and certified by the Knowledge
and Human Development Authority (KHDA), Dubai are recognized in the Emirate of
Dubai. Click here to read more.

Post

SSIVIX Lab rolls out their MyCLNQ Digital Health Ecosystem app to meet healthcare needs digitally

SINGAPORE - Media OutReach - 20 July 2020
SSIVIX Lab has recently launched their healthcare mobile app, MyCLNQ
which provides several key benefits to enhance the quality of life for the
community. The company is focused on the MedTech industry that leverages
devices which people use daily, such as smartphones, to connect all healthcare
needs in one online platform.

Using a built-in smart
Artificial Intelligence (AI) feature, the app provides real time doctor and
clinic availability, offers location-based suggestions for the nearest clinic
and earliest available doctor, and confirms booking appointments. There is also
a host of value care services provided including online
doctor

consultation so users can stay home and receive treatment with prescribed medicine
conveniently delivered to their doorsteps.

The company vision is
enabling digital health ecosystem and serve community. This is also done by
providing users with smart digital choices to request for various healthcare
needs. From medical caregivers to home therapists, users can request in the app
for their preferred qualified professionals at the touch of a button. The app
also provides them with a platform to seek non-emergency private ambulances and book medical transport for their
appointments.

To date, over 300 healthcare
practitioners have signed up for a strategic partnership with SSIVIX Lab to
provide quality healthcare in an efficient and digitised manner. In addition, more
than 15,000 users have benefitted from the app, which can be downloaded in the App Store and Google Play.

Telemedicine is set to be the future of healthcare
to provide better care for patients and increase operational efficiencies, and
the MyCLNQ app is a prime example for that. As such, there is a need to reach
to a wider audience so more users can benefit of having a digital platform that
caters to all their healthcare needs.

Ssivix lab immediate focus mainly
on patient care beyond hospital and clinics through Artificial Intelligence,
IoT and blockchain technology. Company also understand of increasing ageing
population in SEA and primarily Singapore a big concern and therefore company
continuous working on enabling a dedicated care and monitoring system.

Ssivix Lab has regional
expansion plan which include mainly India and SEA countries like Malaysia, Indonesia,
and Thailand in coming years 2021 & 2022.

Specialised in digital
marketing services, Impossible Marketing was chosen to be the digital marketing
agency partner to help SSIVIX Lab gain targeted traffic and quality leads. Established
in 2012, Impossible Marketing offers a variety of lead generation services and
has consistently ranked at the first page of Google search results for
competitive keywords like "SEO Services".

Post

ASMPT Collaborates with IBM Research on AI Chip Technology

HONG KONG, CHINA - Media OutReach - 21th July 2020 - With the dawn of the Artificial Intelligence (AI) era upon the world, the usual playbook of continuous shrinking and packing more and more transistors into chipsets will become unsustainable.  New chip architecture, materials and manufacturing processes will be needed, in order to meet the requirements and realize the potential of the AI-enabled world.

 

IBM Research has been at the forefront in the development of AI-optimized hardware and process innovation globally. As a global leader in the Advanced Packaging and Heterogeneous Integration solutions, ASMPT will provide a suite of Integrated Solutions for Heterogeneous Integration (including ALSI Laser Saw/Grooving and state-of-the-art interconnect tools, inclusive of collaboration on next generation hybrid bonding) in support of IBM AI Research.  ASMPT product solutions can help to improve performance, power and cost for next-generation AI chips.

 

Comments from Dr. Mukesh Khare, Vice President, Systems Research at IBM Research.

"The future of AI computing performance depends on the development of hardware that meets the fast-growing demands of emerging AI workloads. We are pleased to work with ASMPT to advance packaging and Heterogeneous Integration solutions for AI hardware research in the IBM Research AI Hardware Center."

 

Comments from Mr. Lim Choon Khoon, Senior Vice President at ASMPT. 

"The exponential cost of recent silicon scaling has created an inflection point for the industry. It is driving the development of Heterogeneous Integration (HI) to augment step up performance versus comparable Systems on Chip (SoC). This is being achieved through HI's "open" capability to dis-integrate and re-integrate silicon and chiplets, allowing flexible choices to achieve optimal performance at significantly lower costs.  The timely confluence between IBM's Heterogeneous Integration roadmap and ASMPT's advanced packaging technologies and tools makes us natural strategic collaboration partners to tap the massive potential for innovation and better performance in semiconductor solutions."

 

Finally, ASMPT is both excited and privileged to be among the companies driving the effort of developing the next generation AI chip technology with world renowned industry leaders like IBM.

About ASM Pacific Technology Limited ("ASMPT")

As a global technology and market leader, ASMPT (HKEX stock code: 0522), develops and provides leading edge solutions in surface mount technology, equipment and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial and LED. Our continuous investment in research and development help to provide our customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.

 

Listed on the Hong Kong Stock Exchange since 1989, ASMPT is currently one of the constituent stocks on the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes and the Hang Seng Hong Kong 35 Index. To learn more about ASMPT, please visit our website at www.asmpacific.com.

Post

First Page Limited Generates Success for Hong Kong Online Real Estate Platform House730

House730 experiences consecutive quarters of profound success from First Page’s digital marketing expertise

 

HONG KONG, CHINA - Media OutReach - 20 July 2020 - House730
has experienced significant growth over the past several fiscal quarters thanks
to the partnership with online marketing expertise of First Page. Their skill in Search Engine
Optimization and Google Ads have largely contributed to House730's recent
success in the housing market of Hong Kong.

House730 is an online real estate platform
that delivers housing sales and rental opportunities. They provide an
easy-to-use platform for their customers to promote and view available property
listings in Hong Kong and Greater Bay Area as well as overseas markets.

Byron Redhead, General Manager of First
Page Limited, recognizes the challenges of succeeding in Hong Kong's housing
market, "House730 is uniquely positioned as a leader in one of the world's most
unique housing markets," says Redhead. "The opportunity to work with them and
support them in their immense growth has been a huge opportunity for both First
Page and House730."

About First Page

First
Page
has been rated as the fastest-growing agency in Hong Kong. As
certified Google, HubSpot and Facebook partners, they set themselves apart from
the competition by delivering guaranteed quality website traffic and what they
call recession-proof digital marketing. First Page's core values revolve around
the 3C's: Customers, Company, and Competence. They believe that customers
deserve a company that not only delivers positive results, but also serves them
with integrity, empathy, and flexibility.

About House730

House730
is a comprehensive property platform providing all kinds of property listing
and information. No matter whether you are finding property to buy or rent, you
can easily find the information you need. House730 is also the ideal platform
for both property owners and agents to list their properties and reach their
target customers with ease!


For more information about First Page and why they are
top-rated, visit:

https://www.firstpage.hk/

 

To
learn more about House730, visit:

https://www.house730.com/