Asia PEVC, Author at AsiaPEVC.com

Celebrate the Spirit of Thoughtfulness at Spritzer EcoPark This Hari Raya

This Hari Raya Aidilfitri, Spritzer invites Malaysians to celebrate the heart of the season by creating new, happy memories through simple, thoughtful acts of understanding and kindness. In conjunction with the 2025 Hari Raya celebrations, from 21st March to 20th April 2025, the Spritzer EcoPark has been freshly adorned, transforming it into a festive sanctuary where families and friends can come together, reconnect, and reflect.

Photo 1: One of Spritzer EcoPark Decorations

Spritzer’s dazzling decorations feature a blend of classic Malay motifs with floral elements through seven unique setups. Many of the designs incorporate upcycled decorations, showcasing sustainability alongside artistry. One of the setups features a lush, flower-adorned bower that adds to the enchanting atmosphere. Moon and star elements, synonymous with Islam, are also woven throughout the designs. With intricate details and glowing elements, the decorations create a captivating experience that is just as stunning during the day as it is at night. Entry to the Spritzer EcoPark remains free for all!

“Celebrations are about more than just coming together; it is about understanding and highlighting things that bring joy to our lives and loved ones. This year’s theme is about celebrates thoughtfulness through simple acts of kindness and care,” said Winnie Chin, Head of Public Relations of Spritzer. “At Spritzer, we believe that true celebration comes from thoughtful gestures, whether it is spending quality time, nourishing our families, or simply creating a space for everyone to enjoy nature at its best. Spritzer EcoPark was preserved for this purpose – a legacy where people can connect, reflect, and celebrate surrounded by the tranquillity of nature.”

Photo 2: Spritzer EcoPark decorations with traditional Malay elements

Spritzer EcoPark offers a variety of engaging activities for all ages to add onto the festive atmosphere. Families can enjoy mini golf, paddle kart rides, and creative DIY crafts, making this celebration one of shared laughter and meaningful connections. The Snack Station provides delicious treats at affordable prices, while the Water Shop ensures that guests can stock up on Spritzer’s refreshing products and try out the new Spritzer Hari Raya recipes for their Raya gatherings. Unique souvenirs will also be available at the Souvenir Shop, allowing visitors to take home a special memento of their time at the park.

Photo 3: Spritzer EcoPark Decorations at night

Wishing you a joyous Hari Raya from Spritzer EcoPark! Whether you are here for fun, relaxation, or a refreshing escape, we are ready to make your celebration even more special.

The park is open daily from 10:00 AM to 9:30 PM. We are located at Lot 898, Jalan Reservoir, Off Jalan Air Kuning, 34000 Taiping, Perak.

For more updates and details, follow Spritzer EcoPark on Facebook and Instagram.

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About Spritzer

Spritzer, Malaysia’s No.1 bottled water brand since 1989, sources its water from a 430-acre tropical rainforest in Taiping. The water undergoes a natural filtration process through underground rocks for over 15 years, enriching it with essential minerals like Silica, which benefits skin, bones, hair, and nails.

As a leader in smart manufacturing, we use advanced technology to ensure quality and safety. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to sustainability. Tested annually by SIRIM, our products are free from microplastics.

Spritzer offers a full range of products, from Natural Mineral Water and Sparkling Water to Distilled Water and Fruit-flavoured Beverages, catering to every lifestyle and occasion. With a vision to become a circular brand by 2030, we are committed to sustainability and delivering quality you can trust.

Spritzer—nature, innovation, and sustainability in every bottle. For more information, please visit www.spritzer.com.my.

Advertising, Media and Education Sectors Lead Singapore’s Job Market Amid Modest Recovery

foundit (formerly Monster APAC & ME), one of the leading jobs and talent platform, today published the foundit Insights Tracker (fit) Singapore for February 2025. The Singapore fit report highlights growth in the Advertising and Education sectors alongside rising demand for technology professionals.

The tracker reveals an overall year-on-year (YoY) decline of 5% in hiring activity across sectors, as the index dropped from 108 in February 2024 to 103 in February 2025. However, a month-on-month (MoM) analysis indicates a 3% uptick,

Commenting on Singapore’s job trends for February 2025, V Suresh, CEO, foundit, said,

“The February 2025 foundit Insights Tracker signals a promising recovery in Singapore’s job market. While year-on-year figures reflect ongoing economic recalibration, the month-on-month growth indicates a resurgence in hiring activity. The robust expansion of sectors such as Advertising, Media, and Education, coupled with the growing demand for technology professionals, underscores shifting industry priorities and workforce evolution. As digital transformation accelerates, Singapore’s job landscape is stabilizing, with a strong emphasis on upskilling, adaptability, and future-ready talent.”

Advertising, and Education sectors lead industry growth, while Engineering and Retail sectors show strong improvements

The Advertising, Market Research, Public Relations, Media, and Entertainment sector has emerged as a frontrunner in e-recruitment activity among all monitored industries, showing a 7% MoM growth in February 2025. This growth is driven by increased digital marketing efforts and brand-building strategies.

Equally impressive, the Education sector also recorded 7% MoM growth in February 2025, reflecting a continued emphasis on workforce upskilling and professional development.

Following these leaders, the Engineering, Construction, and Real Estate sector showed positive trends with 6% MoM growth, while the Retail, Trade, and Logistics sector experienced 5% MoM growth, both driven by sustainability initiatives and evolving business needs.

Several sectors show modest growth while others remain stable

The Production/Manufacturing, Automotive, and Ancillary sector demonstrated positive hiring momentum with 5% MoM growth in February 2025.

Several sectors showed more modest growth, with Hospitality & Travel, IT, Telecom/ISP, and BPO/ITES, BFSI, and Healthcare all registering 2% MoM increases, signalling steady job creation across these industries.

Conversely, multiple sectors including Oil and Gas, Import/Export, Shipping/Marine, Government/PSU/Defence, and Consumer Goods/FMCG exhibited stagnant hiring activity with 0% MoM change.

Technology roles lead demand among functions

In terms of functions, Software, Hardware, and Telecom witnessed the highest demand in February 2025, with a 2% MoM increase. This trend underscores the growing need for tech talent amid ongoing digital transformation initiatives.

Marketing & Communications, HR & Admin, Engineering/Production, Sales & Business Development, Medical Roles, and Legal roles all showed modest but positive growth at 1% MoM, indicating broad but measured hiring activity across professional functions.

The roles in Legal experienced a robust 19% YoY increase in hiring activity, highlighting the rising need for legal professionals amid evolving regulatory landscapes, corporate expansions, and compliance requirements.

However, Hospitality Roles, Customer Service, Finance & Accounts, and Purchase/Logistics/Supply Chain roles saw no changes (0% MoM), reflecting a period of stability in workforce demand across these functions.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is Asia’s leading jobs and talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to its innovative AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation and interview preparation. foundit has connected over 120 million job seekers across 18 countries with the right job roles and upskilling opportunities.

Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched cutting-edge tools to give recruiters access to passive candidates in addition to active ones. With its advanced technology, foundit is efficiently bridging the talent gap across industry verticals, experience levels, and geographies.

Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place to Work, reflecting its dedication to fostering a supportive and dynamic work culture.

For media inquiries or further information, please contact
Namrata Sharma – Namrata.sharma@adfactorspr.com
Contact number – +65 81383034

ComfortDelGro Unveils Refreshed Corporate Brand — Drives Ahead With a Common Purpose and New Look

ComfortDelGro Corporation Limited (SGX:C52) (“ComfortDelGro” or, “The Group”) today, unveiled its refreshed corporate brand, comprising a new purpose statement and modern visual identity that signifies a step forward in the company’s evolution into a global multi-modal transport leader.

The Group has made significant strides in growing its international business, winning bus and rail tenders in Europe and Australia, as well as building leading positions for its point-to-point mobility businesses in key markets. With a presence in 13 countries, 24,500 employees, an operating fleet of over 54,000 vehicles and a rail network of 343 kilometres in operation and under mobilisation, ComfortDelGro is one of the largest land transport companies in the world.

ComfortDelGro Managing Director/Group CEO Cheng Siak Kian said, “Our purpose statement – Mobility for a better future, drives us to reimagine mobility as a catalyst for positive impact as we accelerate our growth and navigate new horizons. It reflects our commitment to addressing the changing needs of our stakeholders as a global multi-modal transport leader. At the same time, it aligns the Group’s diverse operations and workforce under the common goal of building a purpose-driven and values-led organisation.”

ComfortDelGro Chairman Mark Greaves added, “The transport landscape is evolving, and so is ComfortDelGro. We are committed to sustainable mobility, powered by innovation and driven by collaboration. This brand refresh underpins our journey forward as a global, progressive, and collaborative mobility company while building on the strong foundation of our businesses and our rich heritage. Our purpose ‘Mobility for a better future’ will guide us as we continue to create long-term value for our stakeholders, shape the future of transportation, and contribute to a more sustainable and connected world.”

Driven by our new purpose: Mobility for a better future

A modern identity

Complementing our purpose statement is an updated ComfortDelGro logo that symbolises the company’s journey forward and its commitment to delivering innovative, world-class mobility solutions.

Key elements include:

A refined blue hue, representing reliability, trust, and customer confidence.
A streamlined lowercase font, conveying approachability and collaboration.
An enhanced arrow motif, reinforcing the company’s forward-thinking and dynamic approach.

The updated brand and corporate identity will be gradually implemented in stages across the Group’s global operations.

Media Assets:
High-resolution images can be downloaded here: https://fromsmash.com/cdgbrandrefresh

About ComfortDelGro Corporation

ComfortDelGro is a leading multi-modal transport operator offering a comprehensive suite of transportation solutions. Our extensive network spans public transport including buses and rail, point-to-point transport with taxis and private hire cars as well as business-to-business mobility solutions. Every day, millions rely on our services across 13 countries including; Singapore, Australia, the United Kingdom, New Zealand, China, Ireland, Sweden, France, Malaysia, Spain, Portugal, Greece, and the Netherlands.

As a global operator, we play an important role in steering the transition towards a low-carbon economy. With about 60% of our owned fleet consisting of cleaner energy vehicles, we support governments and cities in enabling inclusive and sustainable transport systems. For our efforts, ComfortDelGro has been included in the Dow Jones Best-in-Class Indices since 2019, the only Singaporean transport company in the index.

Media Contact Information:
Group Corporate Communications
ComfortDelGro Corporation Limited
groupcorpcomms@comfortdelgro.com

Raya Lebih Bermakna: Spritzer Sparkling’s Raya 2025 Brings Fans Closer to Family and Stars

This festive season, Spritzer Sparkling is set to make Hari Raya celebrations more meaningful with its latest campaign “Raya Lebih Bermakna Bersama Spritzer Sparkling”. The campaign which encourages Malaysians to think about how they express love to their family and friends focuses on how simple thoughtful things and moments in our busy lives can add more joy and meaning amongst families and friends.

Spritzer Sparkling ambassadors, Naim Daniel, Dato' Jalaluddin Hassan, and Zara Zya — Spritzer Sparkling ambassadors, Naim Daniel, Dato’ Jalaluddin Hassan, and Zara Zya

Spritzer Sparkling is also adding to the Raya cheer through Malaysian film and television fans by hosting a special Meet & Greet with renowned actors, Dato’ Jalaluddin Hassan, Naim Daniel and Zara Zya, who are also its brand ambassadors starring in its latest short film.

A Heartfelt Film About Family & Festivities

With Hari Raya around the corner, Spritzer Sparkling reminds us to take a moment to reflect on how our words and actions affect our loved ones, while we focus on traditions like preparing feasts and visiting loved ones. Spritzer Sparkling presents “Raya Lebih Bermakna – Mana Adam”, a touching short film about family and festivities starring its three brand ambassadors. The story follows a mother’s frantic search for her missing teenage son, Adam, on the morning of Hari Raya. As she expresses her frustration in front of the family, the truth unfolds in an unexpected yet emotional revelation. The Spritzer short film is now available on the Spritzer Group’s YouTube channel now!

As part of the heartwarming campaign, Spritzer Sparkling welcomes Malaysian fans to celebrate Raya and embrace the meaningfulness of the season with the stars of the moving short film. Fans are invited to an exciting Meet & Greet with Dato’ Jalaluddin Hassan, Naim Daniel and Zara Zya, where they will have the chance to capture memorable moments, celebrate the festive joy together and enjoy exclusive rewards. The Meet & Greet will take place in IOI City Mall, Putrajaya on 22nd March 2025 from 2.00pm to 4.00pm.

Exclusive Raya Perks for Everyone

To make the season even more special, Spritzer Sparkling is offering customers a free Golden Bowl for every purchase of Spritzer Sparkling products worth RM12 throughout the campaign from 1st March to 30th April 2025. Available in Original and Lemon flavours, Spritzer Sparkling is not just a guilt-free refreshment—free from sweeteners and calories—but also a versatile ingredient for your Raya celebrations. Discover three refreshing and delicious Raya recipes—Sparkling ABC Ros, Sparkling Teh Halia, and Sparkling Selasih Biru—featuring Spritzer Sparkling here, perfect for adding a creative twist to your festive spread!Spritzer Sparkling Raya Giveaway

Join us in making this Raya more meaningful – meet your favourite stars, enjoy an inspiring short film, and take part in Spritzer Sparkling’s exclusive campaign. Don’t forget to mark your calendars and be at IOI City Mall, Putrajaya, on 22nd March 2025, from 2.00pm to 4.00pm for an unforgettable experience!

For more information, please visit the microsite here.

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About Spritzer

Spritzer—nature, innovation, and sustainability in every bottle. For more information, please visit www.spritzer.com.my.

Summit Group Holds Iftar in Singapore for About 200 Migrant Workers, Including Bangladeshis

To show appreciation for migrant workers in Singapore, many of whom are Bangladeshi, Summit Power International Limited (“SPIL”) has hosted a breaking of fast (Iftar) for about 200 workers during the holy month of Ramadan.

Mr Muhammed Aziz Khan, PBM (centre), Founder Chairman of Summit Group, broke fast with migrant workers in Singapore, many of whom are Bangladeshi nationals

Mr Muhammed Aziz Khan, PBM, the Founder Chairman of the Summit Group, broke fast with the workers at a workers’ dormitory in Space@Tuas, on 20 March 2024. Another 200 meals were provided for Muslim workers who were not able to attend the event physically.

SPIL also presented gifts to 1400 workers. Appreciation cards and crafts – prepared by about 50 students – were also presented to the workers at the dormitory. The students are from the Big Heart Student Care Services at Zhangde Primary School and the German European School Singapore (“GESS”) in Singapore. The cards and crafts were presented by teachers from GESS on behalf of the students.

This is the first Singapore Iftar event sponsored by SPIL, the Singapore-headquartered parent of Bangladesh’s largest private sector power generation company.

Besides Iftar, SPIL is also engaged in other corporate social responsibility (“CSR”) efforts in Bangladesh, including charity donations for neuro-divergent children, participating in UNICEF initiatives to help school dropouts, as well as supporting scientific research for nutrition and online education, among others.

Mr Muhammed Aziz Khan, PBM said, “Throughout the years, social responsibility remains a core principle of the Summit Group. Bangladeshi nationals comprise a significant number of the migrant workers in Singapore. This year’s Iftar that we sponsored in Singapore underscores our efforts to give back.”

“I am touched that young students from the two schools have expressed their appreciation to the migrant worker community in Singapore,” he added.

Mr Muhammed Aziz Khan, PBM, a Singaporean of Bangladeshi origin, was awarded the Public Service Medal (COVID-19) in October 2023 for engaging and helping Bangladeshi workers who were isolated in local dormitories during the pandemic.

Ms Patricia Amorim and Ms Marieke Bink, teachers at GESS, said, “We were thrilled to have collaborated with students of Big Heart for a meaningful card-making activity, bringing together our Grade 6-8 students with younger brothers and sisters from Big Heart to create heartfelt messages for migrant workers. This event not only fostered creativity but also facilitated genuine interactions between the students as they shared stories and ideas. The cards produced are a beautiful testament to their teamwork and compassion, showcasing the power of community and the importance of supporting those who contribute so much to our society.”

Shaina, a representative of Big Heart Student Care, said, “We are delighted to partner with the German European School Singapore for a meaningful initiative aimed at giving back to the community. Last Friday, students gathered to create heartfelt cards for migrant workers, expressing gratitude and appreciation for their vital contributions to Singapore’s growth and development. This significant event not only instilled a deep sense of gratitude in the students but also helped foster new friendships and lasting memories. It was a powerful reflection of the true spirit of multiculturalism and inclusivity—values that have brought us together and been instrumental in Singapore’s success over the past 60 years.”

About Summit Power International Limited (“SPIL”)

SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country’s total private installed capacity and 10% of total installed capacity. Summit owns and operates a total of 18 power plants. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.

SPIL’s partners include JERA, Mitsubishi Corporation and Taiyo Insurance Company of Japan and GE of the USA. In July, 2023, Denmark’s Copenhagen Infrastructure Partners (CIP), Copenhagen Offshore Partners (COP) in association with Summit Group, submitted a foreign direct investment proposal valued at USD 1.3 billion to develop the country’s first 500 MW utility-scale offshore wind energy project.

SPIL is the leading infrastructure conglomerate in Bangladesh with diversified interests in power generation, energy, telecommunications, ports and real estate.

Learn more at: www.summitpowerinternational.com

Media Contact
WeR1 Consultants Pte Ltd
Isaac Tang
WhatsApp (Text): (65) 9748 0688
summit@wer1.net

Graphene Manufacturing Group Ltd. Announces Closing of Bought Deal Financing

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company“) is pleased to announce that it has completed its previously announced bought deal offering of 7,245,000 units (the “Units“) at a price of C$0.80 per Unit (the “Offering Price“) for aggregate gross proceeds to the Company of C$5,796,000, which includes the exercise in full of the Underwriters’ (as defined below) over-allotment option for 945,000 Units (the “Offering“).

Each Unit will consist of one common share of the Company (each, a “Unit Share“) and one common share purchase warrant (each a “Warrant“). Each Warrant shall be exercisable into one additional common share of the Company for a period of 36 months from the closing of the Offering at an exercise price of C$1.10.

Under the Offering, Ventum Financial Corp. acted as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Red Cloud Securities Inc. (the “Underwriters“) pursuant to the underwriting agreement entered into between the Underwriters and the Company dated March 14, 2025.

The Offering was completed pursuant to a prospectus supplement dated March 14, 2025 to the short form base shelf prospectus of the Company dated March 7, 2025 in each of the provinces of Canada (except Quebec), in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“) and applicable state securities laws and other jurisdictions outside of Canada and the United States on an exempt basis, provided that the issuance of the Units (including the underlying securities) is permitted under laws applicable to the Company (including the Australian Corporations Act 2001 (Cth). The Offering remains subject to the final approval of the TSX Venture Exchange.

The Company intends to use the net proceeds of the Offering to expand its production capacity to increase sales, continue ongoing research and development to progress the Graphene Aluminium-Ion Battery with the Battery Innovation Center of Indiana, prepare to uplist on a major United States exchange and working capital and general corporate purposes.

In connection with the Offering, the Company paid the Underwriter a cash commission equal to 7% of the gross proceeds of the Offering and issued to the Underwriter such number of compensation warrants as is equal to 7% of the number of Units sold pursuant to the Offering (the “Compensation Warrants“). Each Compensation Warrant is exercisable into a Unit Share at the Offering Price until 36 months from the closing of the Offering.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. persons as defined under Regulation S, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About GMG:

GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R“) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries“). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.

GMG’s 4 critical business objectives are:

Produce Graphene and improve/scale cell production processes
Build Revenue from Energy Savings Products
Develop Next-Generation Battery
Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, the business objectives, focus and strategy of the Company; ongoing R&D of the Company; the anticipated use of proceeds of the Offering; the receipt of all necessary approvals, including the final approval of the TSX Venture Exchange.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, expectations and assumptions concerning the business objectives of the Company; the Company’s ability to carry out current planned capital projects, research and development, manufacturing, production, sales and marketing programs for its graphene and graphene-enhanced products and solutions; receipt of all necessary approvals the Company’s ability to list Common Shares on the TSX Venture Exchange; the Company’s performance and general business and economic conditions.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: overall economic conditions, technical de-risking and market acceptance for the Company’s products and solutions; the introduction of competing technologies or products; stock market volatility; environmental and regulatory requirements; competitive pressures; change in market conditions and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied in these forward looking statements; risks relating to the extent and duration of the conflict in Eastern Europe and the Middle East and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 3, 2024 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245420

UnionBank Named Best Wealth Management Bank in the Philippines

Union Bank of the Philippines (PHS: UBP) has been awarded with the Best Wealth Management Bank in the Philippines, at the 2025 Global Excellence in Retail Finance Awards, held in February by The Asian Banker. A testament to its strategic vision, innovative wealth solutions, and unwavering commitment to financial excellence, this accolade underscores UnionBank’s success in redefining the wealth management landscape through digital innovation, strategic acquisitions, and customer-centric investment solutions.

Setting a New Benchmark in Wealth Management

“UnionBank has strengthened its affluent banking proposition by seamlessly integrating the acquired Citi wealth business, further enhancing its ability to serve a diverse spectrum of wealth clients. From emerging affluent individuals to high-net-worth investors, the bank has introduced a transformative approach to wealth management, providing tailored solutions that cater to clients’ evolving financial needs,” read The Asian Banker’s citation at the Awards, held this year in Tokyo, Japan.

“For its successful integration of acquired expertise, relentless commitment to financial innovation, and dedication to delivering sophisticated wealth solutions, UnionBank is honored with the title of Best Wealth Management Bank in the Philippines. This recognition reflects the bank’s mission to empower Filipinos in achieving their financial goals through world-class wealth management services.”

Introducing Elite and Access: A New Era in Wealth Solutions

A key milestone in UnionBank’s wealth management evolution is the launc of Elite and Access, two pioneering programs designed to provide tiered wealth solutions:

* Access is tailored for emerging affluent clients, offering seamless digital wealth tools and an extensive suite of investment products.
* Elite is designed for high-net-worth investors, delivering bespoke financial planning, exclusive global investment opportunities, and dedicated relationship management.

These programs redefine financial accessibility and personalization, ensuring that clients receive the right level of support, expertise, and product offerings based on their financial standing and aspirations.

“We thank The Asian Banker for recognizing our unwavering commitment to excellence, innovation, and, most importantly, our clients. At UnionBank wealth management is about building trust, securing futures, and creating opportunities.” said UnionBank Wealth and Brokerage Head and Board Director of UB Financial Services and Insurance Brokerage Inc. (UFSI), Therese Chan.

“The strategies we craft and solution we provide are driven by our dedication to helping our clients achieve their financial goals. We remain committed to setting new standards in wealth management and empowering more people to build a stronger financial future.” continued Ms Chan.

UnionBank’s ability to serve a diverse spectrum of wealth clients is further bolstered by its world-class Wealth Center, which was unveiled to the media on the same day it received the prestigious Asian Banker Award.

Digital Innovation Meets Global Investment Access

UnionBank continues to lead the industry with its enhanced digital wealth platform, allowing clients to diversify their portfolios with global investment products—without the need for offshore accounts. This innovation ensures that clients can securely access a world of investment opportunities from the convenience of a seamless, digital-first banking experience.

By blending cutting-edge technology with highly personalized advisory services, UnionBank has solidified its position as the preferred financial partner for wealth clients across the Philippines. The bank’s dedication to innovation, accessibility, and global investment integration has set a new gold standard in the country’s wealth management sector.

As UnionBank continues to drive financial excellence and innovation, it remains steadfast in its vision to elevate wealth management in the Philippines—paving the way for a smarter, more inclusive financial future to help clients build, grow, and protect their wealth.

To learn more about UnionBank Elite, visit www.unionbankph.com/wealth/elite or email ubwealth@unionbankph.com.

Venturi Partners Launches $225 Million Second Fund to Fuel Disruptive Consumer Brands in Southeast Asia and India

Investment platform aims for a first close of $130 million by June 2025

Venturi Partners, a Singapore based leading growth-stage consumer-focused investor in India and Southeast Asia, has announced the launch of its second fund, targeting $225 million, with a hard cap of $250 million. Building on the success of its first fund, the new fund will continue to focus on Venturi’s core strategy of backing consumer brands that are disrupting their sectors and creating innovative products and services tailored for the evolving Asian consumer.

The second fund will target high-growth sectors such as retail, education, healthcare, and fast-moving consumer goods (FMCG), with a continued focus on India and Southeast Asia. Venturi is aiming for a first close by Q2 CY2025, with visibility towards $130 million, backed by continued strong support from existing investors.

In April 2022, Venturi had raised $180 million from prominent families in Europe & Asia. Venturi’s first fund has invested in 7 high-growth consumer companies across various sectors such as education, F&B subscription, beauty & personal care, retail, and home interiors. Its existing portfolio includes Livspace, Country Delight, Believe, Pickup Coffee, DALI, K-12 Techno and JQR.

Nicholas Cator, Founder of Venturi Partners, said: “Our investment philosophy remains unchanged, backing brands that create meaningful change and deliver innovative solutions to consumers. We take an active ownership approach with our portfolio companies, working closely with founders to help unlock growth and scale their businesses. With this second fund, we are excited to continue partnering with ambitious entrepreneurs across the region.”

Venturi’s unique hands-on approach is centred around working closely with management teams to scale operations and create lasting value. The firm’s expertise in identifying and scaling consumer businesses has made it a trusted partner for founders in India and Southeast Asia.

About Venturi Partners

Founded in 2020, Venturi Partners is an Asia-focused investment platform that enables consumer-facing businesses to build disruptive brands in India and Southeast Asia. The firm provides growth funding to consumer-centric, purpose-driven brands, with a focus on retail, education, healthcare and fast-moving consumer goods, that have a shared desire to create a positive impact on the world. Venturi has built a unique investment platform for families wanting to participate in the long-term consumer growth trends in Asia. The platform is built around shared values and long-term partnerships, and aims to bring operational value-add to entrepreneurs building tomorrow’s leading brands in Asia.

For more information, please visit www.venturi.partners

Media contacts:
Adfactors PR
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Singapore’s Salary Expectations Evolve as 53% Professionals Seek Better Compensation, foundit Survey Reveals

Key findings from the survey

– 53% of employees consider their salary does not match industry standards Only 28% of respondents are satisfied with their salary growth opportunities
– Nearly half (49%) of all professionals expect up to 10% growth in their next appraisal
– 41% of employees reported no major change in their salary over the past three years
– In-demand skills (30%) and economic trends (25%) are the primary drivers of current salary trends

Singaporean employees and employers appear to have differing perspectives on compensation, according to a comprehensive salary survey by foundit, a leading jobs and talent platform. The study reveals that while many professionals see room for salary growth, organisations are focusing on strategic compensation planning to retain talent in a competitive job market. The insights from the survey highlight evolving compensation trends in Singapore, with a growing awareness among professionals about market benchmarks. More than half of those surveyed recognise that salary adjustments are necessary to stay competitive, while nearly half anticipate only a modest single-digit salary growth in their upcoming reviews.

These insights offer valuable opportunities for organisations to refine their talent strategies, ensuring competitive compensation structures that attract and retain top talent. With compensation playing a central role in both recruitment success and employee loyalty, these insights into workforce sentiment provide valuable intelligence for business planning.

V Suresh, CEO of foundit, commented on the findings: “Our survey highlights a growing disparity between employee salary expectations and market realities in Singapore. More than half of professionals feel their compensation is not aligned with industry standards, while 41% have seen little to no salary growth in the past three years. This misalignment, particularly among mid-career professionals, presents a significant challenge for employers striving to retain skilled talent in an already competitive job market.

To address this, organisations must adopt transparent salary benchmarking, skills-based compensation models, and clear career progression frameworks. While early-career professionals remain optimistic, the increasing dissatisfaction among experienced employees signals a critical need for proactive compensation strategies. Companies that prioritise fair and structured salary growth will not only improve retention but also strengthen Singapore’s position as a premier talent hub in Asia.”

Key findings from the survey include:

Salary Perception Across Experience Levels

More than half (53%) of working professionals surveyed see opportunities for higher compensation compared to industry peers.
36% feel their salary is above average, while 11% are unsure how their pay compares to market rates.
Entry-level professionals (0-3 years) are the most optimistic, with 46.9% reporting they earn above industry standards.
Mid-level professionals (7-10 years) are the most dissatisfied, with 57.9% reporting their salary is below market standards.

Satisfaction with Salary Growth

35% of respondents are dissatisfied with salary growth opportunities.
37% remain neutral, indicating mixed perceptions about compensation structures.
28% express satisfaction, but satisfaction levels decline as professionals advance in their careers.
Executive-level (15+ years) professionals show the highest dissatisfaction (39.4%) with salary growth.

Expected Salary Growth from Appraisal

Nearly half (49.37%) of employees expect no growth or a maximum of 10% salary hike in their next review.
24.5% anticipate a 6-10% increment, while 24.8% foresee just 0-5% growth.
16% of professionals aim for substantial increases exceeding 30%.
34.9% of entry-level professionals expect 6–10% hikes, while executives (25.7%) top the group anticipating raises of 30% or more.

Salary Changes Over the Past Three Years

41% of professionals saw no salary growth, indicating wage stagnation.
28% experienced salary reductions (19.3% minor, 8.3% significant).
32% received salary hikes (15.9% modest, 15.3% substantial), highlighting industry-specific trends.

Future Salary Expectations: Industry Outlook

73% of respondents expect salary growth in the future, with professionals in Consumer Electronics, Engineering & Construction, and IT sectors most optimistic.
Manufacturing, Retail, and Education sectors expect more stability or potential decline.

Key Drivers of Salary Trends

Skills in Demand: 30.1% of professionals see in-demand skills significantly impact salaries.
Economic Trends: 24.9% see macroeconomic factors shaping pay scales.
Industry-Specific Challenges: 18.8% cite industry constraints as key influencers of pay.
Technological Advancements: 16.2% recognise tech-driven disruptions as key factors affecting wages.

For organisations navigating the complexities of talent acquisition and retention the results of this survey provide a valuable benchmark for assessing current approaches and identifying areas for strategic improvement. By leveraging these insights to enhance both compensation structures and communication around pay, companies can create more appealing work environments that attract and retain top talent.

About foundit – APAC & Middle East

Contact:
For media inquiries or further information, please contact
Namrata Sharma – Namrata.sharma@adfactorspr.com
Contact number – +65 81383034

Salary Divide: While 47% of professionals in Philippines Report Above-Average Compensation, 42% See Room for Growth, foundit Survey Reveals

Key findings from the survey

47% of professionals report their salary is above industry standards
42% of respondents feel their salary is below market levels
Only 40% of respondents are satisfied with their salary growth opportunities
37% of employees reported no major change in their salary over the past three years
In-demand skills (38%) and economic trends (24%) are the primary drivers of current salary trends

Employers and employees in the Philippines appear to be divided on compensation perspectives, according to a comprehensive salary survey by foundit, a leading jobs and talent platform. The survey reveals a workforce with mixed sentiments about salary standards, with nearly half feeling adequately compensated, while many others perceive a gap between their pay and industry benchmarks. Despite this divide, the survey highlights a growing awareness among professionals about market comparisons and strong optimism for future salary growth, despite recent stagnation in wages.

These findings present valuable opportunities for organisations to enhance their talent strategies, ensuring competitive compensation structures that attract and retain top talent. With compensation playing a central role in both recruitment success and employee loyalty, these insights provide valuable intelligence for business planning.

V Suresh, CEO of foundit, commented on the findings: “Our latest survey highlights a unique divide in the Philippine workforce—while 47% of professionals feel adequately compensated, 42% believe their salaries fall below industry standards. This contrast presents both a challenge and an opportunity for employers navigating an increasingly competitive talent market.

What stands out is the strong optimism among professionals, with nearly 80% expecting salary growth despite 37% experiencing wage stagnation over the past three years. This signals a workforce that remains hopeful about future prospects, even in the face of economic uncertainties.

For organisations, this underscores the importance of strategic compensation planning. Employers who embrace transparent salary benchmarking, skills-driven pay structures, and clear career progression paths will be best positioned to attract and retain top talent. By bridging the perception gap and aligning compensation strategies with workforce expectations, companies can strengthen their employer brand and contribute to the Philippines’ continued economic growth.”

Key findings from the survey include:

Salary Perception Across Experience Levels

47% of professionals report that they are paid above industry standards, considering themselves well compensated.
42% consider their salary is below market levels, highlighting dissatisfaction.
11% are not aware of how their salary compares, indicating a gap in transparency.
Entry-level professionals (0-3 years) are the most optimistic, with 50.5% feeling they are paid above industry standards, although 40.7% feel underpaid.
Junior (4-6 years) and Mid-level (7-10 years) professionals show the highest dissatisfaction, with 47% feeling their salaries are below average, reflecting potential career growth struggles.

Satisfaction with Salary Growth

40% of respondents are satisfied with their salary growth opportunities.
34% remain neutral, indicating mixed perceptions about compensation structures.
26% are dissatisfied, with junior professionals (4-6 years) reporting maximum dissatisfaction at 32.1%. FMCG, Foods, Beverage (54.5%), Recruitment, Staffing (53.8%), and Advertising, PR, Event Management (42.9%) sectors show the highest dissatisfaction rates.

Expected Salary Growth from Appraisal

29.7% of professionals expect a 6-10% salary hike in their next review, making this the most common expectation.
26.9% expect a substantial increase of 30% or more in their salaries — an indicator of optimism and high aspirations.
Professionals with 4-6 years of experience are optimistic, with nearly 38% expecting 6-10% raises.
Executive-Level (15+ years) professionals have the highest expectations, with over 51% anticipating an increase of 30% and above.

Salary Changes Over the Past Three Years

37% of professionals saw no salary growth, indicating wage stagnation.
38% experienced growth, with 22% reporting significant increases.
25% faced a decline in their salaries (14% slight, 11% significant).
Executive-Level professionals (15+ years) reported the best career growth with 34.55% seeing significant increases, while entry-level professionals faced the most uncertainty.

Future Salary Expectations: Industry Outlook

79.5% of respondents expect salary growth in their industry, showing strong optimism despite past stagnation.
Technology & IT employees expect the highest salary increments, with a significant number of them expecting 30% and above.

Key Drivers of Salary Trends

Skills in Demand: 38.04% of professionals see in-demand skills significantly impacting salaries.
Economic Trends: 23.6% see macroeconomic factors shaping pay scales.
Industry-Specific Challenges: 14.44% cite industry-specific challenges as key influencers.
Technological Advancements: 13.66% recognise tech-driven disruptions affecting wages.

For organisations navigating the complexities of talent acquisition and retention today, this results of this survey provide a valuable benchmark for assessing current approaches and identifying areas for strategic improvement. By leveraging these insights to enhance both compensation structures and communication around pay, companies can create more appealing work environments that attract and retain top talent.

About foundit – APAC & Middle East

Contact:
For media inquiries or further information, please contact
Namrata Sharma – Namrata.sharma@adfactorspr.com
Contact number – +65 81383034