THE TRIFECTA FUNHOUSE Brings Orchard Road Alive with a Free New Year’s Eve Celebration!

Registration Opens December 5th—Limited release of 1,000 tickets for one night of free food, free interactive games, and free beats from DJs redefining the sound collide!

This New Year’s Eve, TRIFECTA, the world’s first Surf-Snow-Skate and lifestyle destination on Orchard Road, will host a showstopping New Year’s Eve celebration THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party. This vibrant carnival-themed event offers entry to a night of free carnival treats redeemable with dining coupons, entertainment and games. With an exceptional musical line-up, dynamic roving performances, and a limited release of  just 1,000 tickets, pre-registration is a must to guarantee your spot.

Known for breaking the mold, TRIFECTA champions local and regional emerging talent, and established artists pushing the boundaries of music, art, and culture. This New Year’s countdown party, with its vibrant carnival theme, is a perfect showcase of TRIFECTA’s commitment to the spirit of creative expression. 

TRIFECTA’s New Year’s Countdown: A Carnival of Sound Celebrating Asia’s Boldest Musical Talent

As Singapore’s leading champion of creative music and with a legacy of hosting iconic music events like TRIFECTA Backyard Sessions and the TRIFECTA Music Festival, the countdown party will be a celebration of bold creativity and the vibrant energy of Asia’s independent musical innovators.In a spectacular fusion of carnival fun and cutting-edge sound, TRIFECTA’ Snow Arena will transform into the heart of the night’s musical experience. This electrifying zone will double as the DJ booth, where an exceptional lineup of Singaporean and regional artists will bring the beats to life, creating an atmosphere that pushes the boundaries of sound and artistic freedom.

THE TRIFECTA FUNHOUSE musical headlining acts are:

WILD PEARL
Born from a collective desire to experience music live, loud, and with friends, Wild Pearl is a dynamic duo composed of Andy and Chris, who are on a mission to bring music-centric experiences to Singapore’s crowds. Their performances are deeply rooted in community, sustainability, and wellness, with a focus on connecting global audiences through events and collaborations. This event will feature co-founder Chris Shearmon, and their Radio Producer Leland, who will both deliver an hour’s set.

STRANGEWEATHER
Fueled by a deep respect for heritage and an eagerness to push sonic boundaries, Strange Weather is a Singapore-based collective with a mission to unite like-minded individuals across Southeast and East Asia. Their sound navigates between heavy percussion, post-punk, and eclectic electronica driven by hypnotic rhythms. A’alely, a core founding member of the collective, will represent the crew.

HYPERFOCUS
Genre-fluid and effortlessly cool, Dan blends aggressive percussion with rhythms from Latin club beats, hard drums, and techno, creating a high-energy performance that brings forth his concept of “the New Masculine.” Alongside Z, Dan has redefined Singapore’s underground rave scene with a fiercely DIY ethos. Hyperfocus is now a cultural movement, hosting international icons like LU2K, DJ G2G, and Bulma, while championing regional stars such as Tikkoii and 918.Kiss.Jackpot. The duo’s vision continues to energize and inspire, creating a magnetic hub for raw creativity and unfiltered energy.

BUSSY TEMPLE (Howrøng & METAMOKSHA)
Known for their unapologetically avant-garde soundscapes, howrøng crafts a sonic experience that oscillates between ritualistic percussion, break-noise, and industrial club. As co-founder of the collective Bussy Temple,’ howrøng brings moments to life, spanning techno, experimental deconstructed club, and more. Known for performances at underground techno events in Singapore and South East Asia, they have also opened for international heavyweights like Tommy Four Seven and Dana Montana.

Co-founder Metamoksha is an organizer, artist, and DJ for Bussy Temple and the DJ collective 3NiTi.

Metamoksha’s sets are nothing short of heartfelt odysseys and sweet agonies –  taking us through the throes of bad romances, forehead kisses and sleepless nights. Intense yet intimate, unyieldingly raw, and evocative yet tender.A driving force in Southeast Asia’s underground scene, Metamoksha has played across notable underground clubs and collectives around the region, including Arcan Anniversary in Ho Chi Minh, Red Room in Yangon Myanmar, Non Non Non in Bangkok, Under9 in Kuala Lumpur, and leading Singapore collectives like Endless Return and Midnight Shift.

rEmPiT g0dDe$$
Victoria Yam is a prominent figure in Southeast Asia’s underground scene, deftly navigating between two experimental projects: VIKTORIA and rEmPiT g0dDe$$. Known for her forays into industrial club music, she has performed at major festivals like Maho Rasop Festival (Bangkok) and Final (Taipei). Her performances have taken her across Asia, Canada, and Europe, including the Boiler Room for Maho Rasop, the Oram Awards in London, and Venus Fest in Toronto.

PRONTAXAN
A fusion of Funkot and regional sounds from Yogyakarta, PRONTAXAN disrupts conventional party norms by curating mixes of electronic music, dangdut, campursari, and Archipelago sounds. Known for using YouTube and MP3 controllers to remix their sets, PRONTAXAN is a trailblazer in Funkot, creating an eclectic vibe that bridges cultures and social classes through infectious beats. PRONTAXAN’s unique sound resonates with audiences across Southeast Asia, shaking up the boundaries of electronic dance music.

TRIFECTA Transforms Its Snow, Surf and Skate Arenas for an Unforgettable Carnival Fiesta

For THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party, TRIFECTA is transforming every inch of its Snow, Surf, and Skate Arenas into immersive carnival-themed zones, each brimming with interactive activities and entertainment for all to enjoy.

Snow Arena: Free Costume Rentals & Face Painting
Step into a whimsical winter wonderland as TRIFECTA’s Snow Arena is transformed into a magical carnival experience. Guests can immerse themselves in the fun with free on-site costume rentals, from shimmering mermaid tails to swashbuckling pirate attire, all while enjoying creative face painting to bring their carnival spirit to life.

Surf Arena: Classic Carnival Games & Interactive Fun
The Surf Arena is taking you on a nostalgic journey with a modern carnival twist. Guests can dive into classic carnival-style games such as the Ultimate Puncher and the Basketball Twin Arcade Machine, while interactive photo booths offer fun, memorable snapshots of the night. Whether you’re testing your strength or capturing fun moments, this zone is filled with playful competition and surprises at every turn.

Skate Arena: Fire Spinners, Breath Takers & Roller Disco
TRIFECTA’s Skate Arena becomes the stage for thrilling fire performances as fire spinners and breathers light up the night with their dazzling, hypnotic displays. The carnival atmosphere intensifies with their rhythmic, fiery artistry, sending sparks through the crowd in awe-inspiring fashion. The Skate Arena also hosts roving contortionists, unicyclists, and stilt walkers, creating a truly larger-than-life experience as they twist, spin, and glide through the festivities.

TRIFECTA’s iconic roller skate bowl transforms into a carnival-inspired Roller Disco! Guests can glide to upbeat music under dazzling lights, filling the night with vibrant energy, fun, and a splash of retro nostalgia. It’s all about freedom, movement, and skating to the beat in a truly electrifying carnival atmosphere!

Rooftop Deck: Mirror Men, Magicians & Acrobatic Performances
The transformation continues on the Roof, where guests can witness mind-bending performances by Mirror Man, whose shifting reflections blur the line between illusion and reality. Magicians will conjure the impossible right before your eyes, and acrobats will defy gravity with breathtaking feats of strength and precision, all adding to the carnival thrill. Additionally, Leviwand Performers will enchant the crowd with their fluid movements, making this corner of the Funhouse an awe-inspiring experience for all who visit.

Fringe Activities: Circus-Themed Fun Around Every Corner
Throughout the event, TRIFECTA’s carnival-themed experiences continue to surprise and delight. Guests can experience magical face and jewel makeup artistry to complete their festive look. For those seeking a mystical touch, tarot card readings by skilled psychics offer an enthralling glimpse into the future, adding an air of mystery to the night.

TRIFECTA Funhouse Branded Photo Booth
Capture your carnival memories with TRIFECTA Funhouse’s branded photobooth. Whether you’re posing with friends or getting into character with your costume, this enclosed photo booth provides the perfect spot for creating fun, lasting memories throughout the night.

Complimentary Carnival Fare in the Surf Arena

Registered ticketholders can indulge in a delightful array of complimentary bite-sized carnival-inspired dishes at the Funhouse, served within the vibrant Surf Arena. Available on a first-come, first-served basis, the tantalizing menu includes:

  • Flying Tacos – Savour the bold flavours of chicken, beef, or cauliflower tacos, served with crispy nachos for a satisfying, vibrant bite.
  • Flip N Dip Pancakes & Ice Cream – Indulge in fluffy pancakes topped with creamy ice cream – sweet, decadent, and perfectly paired.
  • Dogs for Days – Elevate your classic hot dog with kimchi, cheese, and char siew for a delicious twist on a carnival favourite.
  • Fisherman’s Friends – Enjoy crispy fish and chips with a modern touch, bringing a fresh, delicious take on a classic favourite.
  • The Mad Pig – Bite into juicy German pork belly, roasted to perfection for a mouthwatering experience.
  • Sweet Tooth – Relish nostalgic carnival treats like fluffy candy floss and freshly popped popcorn

While carnival treats can be enjoyed for free with redeemable coupons,and until supplies last, guests can enjoy a variety of beverages throughout the evening. William Grant & Sons proudly serves as the official spirits partner, and guests can also explore a selection of beers and premium spirits catered by Yeastside — the only paid component of the event. 

Registration for The TRIFECTA Funhouse Opens 5th December

Entry to THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party is entirely free, with complimentary access to all activities, games, and dining coupons for carnival treats, while supplies last. Alcoholic beverages will be available for purchase and are restricted to guests aged 18 and above.With limited capacity and high demand, pre-registration is essential to guarantee your entry. Join us at The TRIFECTA Funhouse, where creativity takes centre stage, and the New Year begins with bold expression and unrestrained creativity. Registration details can be accessed HERE.

THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party Snapshot:
Date: 31st December
Time: Entry from 5pm — 3am
Location: TRIFECTA, 10A Exeter Road, Singapore 239958
Nearest MRT: Somerset MRT, Exit A
Admission: All pre-registered guests enjoy free access to the party, games, and activities
Food: Dining coupons for bite-sized food portions will be available to all registered guests throughout  the evening while supplies last—early arrivals highly encouraged
Alcohol: Alcoholic beverages available for purchase (18+ only).
Capacity: 1,000 guests (pre-registration required)
Carnival Chic: Carnival-inspired dress code is encouraged. Prizes will be awarded for the boldest, most imaginative look.

THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party is a ONE Countdown 2025 event. As part of SG60, ONE Countdown 2025 celebrations will bring everyone together to usher in the new year, with celebrations across the island. Find out more about ONE Countdown 2025 at: https://go.gov.sg/onecountdown2025.

Note to Editors:
– High-resolution images of musical acts, F&B booths and key visuals can be accessed HERE.
– Access complete line-up of THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party musical talent, activities, F&B booths and more, visit:https://funhouse.trifectasingapore.com/

About TRIFECTA

Opened on 28 October 2023 by Singapore adventure sports company, The Ride Side, TRIFECTA is Asia’s first surf-snow-skate destination, offering surfing, snowboarding, skiing and skating all in one place, in one day in the heart of Singapore. Bringing mountains and waves to the tropics, TRIFECTA is a space for self-expression and aims to build a new culture of youthful collaboration, bringing like-minded boardsports enthusiasts and lifestyle experience seekers together.

For TRIFECTA FUNHOUSE New Year’s Countdown media interviews, press enquiries and event passes, please contact:

Wani Diwarkar
wani@prbespoke.com 
+65 9832 0643

Paulene Lynch
paulene@prbespoke.com
+65 9057 4101

Saloni Rishiraj
saloni@prbespoke.com
+65 8344 4482

foundit Insights Tracker Reveals 20% Surge in Hiring Activity in the Philippines: A Beacon for Southeast Asia

foundit (formerly Monster APAC & ME) Asia’s leading jobs and talent platform, has unveiled its latest foundit Insights Tracker (fit) report, showcasing a remarkable 20% annual increase in hiring activity in the Philippines for October 2024. This surge, driven by strategic economic reforms and infrastructure development, highlights the region’s potential for robust economic growth.

The fit report indicates a significant rise in hiring activity, with the index reaching 163 in October 2024, up from 118 in October 2023. This 20% annual increase underscores the robust recruitment momentum in the Philippines.

Additionally, hiring activity saw a 15% month-over-month increase, with the index rising from 142 in September 2024 to 163 in October 2024, reflecting a strengthening job market. Over the past six months, hiring activity surged by 21%, driven by government initiatives focused on infrastructure development and economic reforms aimed at attracting foreign direct investments (FDI).

The Retail sector experienced a 119% year-over-year increase in hiring demand, driven by the e-commerce boom. This surge highlights the growing importance of digital transformation in meeting consumer needs. The Logistics, Courier, Freight, and Transportation sector saw a 78% annual growth, reflecting expanded supply chain operations. The Advertising, Market Research, Public Relations, Media, and Entertainment sector recorded a 70% increase in hiring activity, showcasing the dynamic nature of these fields.

Notably, there was a 127% increase in hiring for sales and business development roles, indicating a strategic shift towards strengthening sales networks. Purchase, Logistics, and Supply Chain roles saw a 103% rise, aligning with the broader industry trend of optimising supply chains. Marketing and Communications roles experienced a 69% increase, driven by a focus on influencer marketing and brand engagement.

The Philippines’ impressive hiring trends signal a strong economic recovery and a significant opportunity for Southeast Asia as a whole. With enhanced infrastructure and increasing foreign investments, particularly in the retail sector, the Philippines is setting an example for neighbouring countries to emulate.

Foreign investments are driving job creation in key industries such as Retail, Logistics, and Media. In retail, companies are establishing new distribution hubs and retail outlets that connect Southeast Asian regions, strengthening cross-border trade and economic ties. This creates a ripple effect, fostering regional collaboration and encouraging countries like Malaysia to leverage similar growth opportunities in their own retail sectors.

By sharing resources and adopting best practices, Southeast Asian nations can enhance economic resilience, promote a more integrated job market, and collectively unlock growth across the region.

Timeframe for the Report
The timeframe for the fit data is October 2023 to October 2024.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME) is Asia’s leading jobs & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.    

Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge 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.        

To learn more about foundit in APAC & Gulf, visit: www.foundit.in | www.founditgulf.com | www.foundit.sg | www.foundit.my |www.foundit.com.ph |  www.foundit.hkwww.foundit.id   

Contact:  
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

GoDaddy’s Airo solution is helping Asian entrepreneurs save time

For small businesses, every second saved and money spent can be the difference between surviving and thriving. GoDaddy recently found that 92% of small business owners surveyed globally view implementing AI in their businesses would yield in a positive impact to their bottom line.

However, they have challenges when it comes to getting started. The top three reasons reported globally for not implementing AI are a lack of awareness of available solutions (49%), potential costs (48%), lack of understanding of the benefits (43%), and lack of time to implement these tools (29%). To make using generative AI fast and easy, GoDaddy launched GoDaddy Airo™, an AI-powered experience designed to save small business owners precious time in establishing their online presence and attract new customers.

The Right Solution for Any Small Business

GoDaddy Airo™, available in English language, makes leveraging the power of AI easy for anyone wanting to start a business or take their existing one to the next level.

GoDaddy Airo™, using GoDaddy’s AI Domain Search tool, can recommend catchy domain names with just a description of their business. Within minutes of purchasing a domain from GoDaddy, GoDaddy Airo™ can instantly generate content for the business, including:

Unique, eye-catching logo designs that can be easily customized to fit the business.A fully built website, using GoDaddy’s Websites + Marketing, with a paid subscription, including imagery and content designed to help the business engage and attract customers.A professional email account, with a paid subscription, that strengthens the credibility and prestige of the business.By simply uploading a product photo, an auto-generated custom product description is created for an online store.Social media calendar with recommendations of when to ideally post.

GoDaddy Airo™ Is Always Evolving

GoDaddy Airo™ is live now for small businesses to take advantage of, and even more capabilities are coming.

“GoDaddy Airo™, as an AI powered experience, continuously evolves and improves ensuring that small businesses stay at the forefront of the latest technology,” said Selina Bieber, Vice President for International Markets at GoDaddy. ”GoDaddy empowers entrepreneurs with online tools and solutions that combines the latest AI technology with the ease of use we’re known for, helping small businesses drive growth and stay connected with their customers.”

For more information on how GoDaddy Airo can help your business visit GoDaddy’s website.

About GoDaddy

GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo™, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

Issued on behalf of GoDaddy. 

For more information, contact:
Fekra Communications
info@fekracomms.com

India’s Buyout Advantage: Your Strategic Guide to Acquiring Indian Companies for Market Entry in 2024

SRKay Consulting Group releases a new whitepaper, “Buyout Strategies: Acquiring Indian Companies for Market Entry,”offering a comprehensive guide for investors looking to enter the Indian market through acquisitions. The report highlights India’s unique advantages, including booming sectors, regulatory support, and region-specific incentives. In 2024, India emerges as a prime market for global acquisitions, offering investors unprecedented opportunities in high-growth sectors and a favorable regulatory environment. SRKay Consulting Group’s latest whitepaper provides a strategic guide to acquiring Indian companies, helping investors tap into one of the world’s fastest-growing economies.

India’s booming technology, healthcare, and renewable energy sectors, propelled by initiatives like “Make in India” and the Production Linked Incentive (PLI) schemes. These programs enable investors to enter cutting-edge markets directly. Furthermore, India’s investor-friendly regulatory framework—exemplified by the Foreign Exchange Management Act (FEMA) and Foreign Direct Investment (FDI) policies—facilitates streamlined acquisitions in high-opportunity sectors like manufacturing, agriculture, and mining through expedited approvals under the Automatic Route.

“India’s unique blend of high-growth sectors and supportive regulatory framework makes it an ideal destination for foreign investment,” said Karunjit Kumar Dhir, CEO SRKay Consulting Group. “Our report serves as a strategic guide for investors, providing actionable insights to leverage India’s regional strengths and regulatory advantages for successful market entry.”

It examines state-level incentives and regional strengths, identifying states such as Karnataka, Maharashtra, and Tamil Nadu as leaders in technology, finance, and manufacturing, respectively. This section emphasizes how regional incentives make India’s states more than just cost-effective options but strategic acquisition targets. The report also covers acquisition models, from joint ventures to full buyouts, illustrated through case studies like Walmart’s acquisition of Flipkart and Facebook’s investment in Reliance Jio, showcasing how international giants use India’s expertise and consumer base for growth.

It also explores how India’s talent retention strategies, rapid digital transformation, and integration opportunities enhance its appeal for international companies. With strategic government policies fueling innovation and development, now is the ideal time for acquisitions in India, as the country is projected to become the world’s third-largest economy by 2027.

Download the Whitepaper and discover how strategic acquisitions in India can transform your growth trajectory.

About SRKay Consulting Group

SRKay Consulting Group empowers global organizations by establishing efficient offshore entities and Technology GCCs in India. Operating across 8 countries, SRKay has rapidly grown into a leading consulting firm, recognized for strategic precision and innovation. With over 500 skilled professionals, SRKay is dedicated to unlocking market opportunities and driving operational efficiency for its clients worldwide.

For Media contact:
Komaldeep Kaur Dhir
Email: Komal@mianext.com 

Education Sector and Marketing & Communications Roles Lead Singapore’s Job Market Recovery

foundit (formerly Monster APAC & ME), one of Asia’s leading jobs and talent platforms, today published the foundit Insights Tracker (fit) Singapore for September 2024. The Singapore fit report highlights growth in the Education sector and a surge in demand for Marketing & Communications professionals.

The tracker reveals an overall year-on-year (YoY) decline of 5% in hiring activity across sectors, as the index dropped from 116 in September 2023 to 110 in September 2024. However, a month-on-month (MoM) analysis indicates a notable 7% surge, with an index of 103 recorded in August 2024.

Commenting on Singapore’s job trends for September 2024, Sekhar Garisa, CEO, foundit, said, “The September 2024 foundit Insights Tracker reveals significant shifts in Singapore’s job market. Despite a yearly decline, the recent month-on-month growth is a promising sign of recovery. As businesses adapt to changing market conditions, hiring priorities are evolving. Marketing roles are becoming increasingly important as companies focus on data-driven strategies and personalised customer experiences to boost brand engagement and drive growth.”

Education sector leads industry growth, while Retail/Trade and Logistics and Import/Export sectors show improvements

The Education sector has emerged as the frontrunner in e-recruitment activity among all monitored industries, showing a 4% MoM growth in September 2024. This growth is fueled by investments from both the government and private sector.

Following the Education sector, the Retail/Trade and Logistics sector and the Import/Export sector both showed positive trends with a 3% MoM growth each in September 2024.

Several sectors face challenges with declining or stagnant hiring trends

While some sectors showed growth, others faced challenges in the job market. The BFSI sector experienced a sequential decline in demand, registering a 2% MoM drop and ranking lowest in hiring activity.

The Advertising, Market Research, Public Relations, Media, and Entertainment sector saw a marginal decrease of 1% MoM, following a period of higher recruitment activity last month.

Several sectors remained stagnant in their hiring activities. The Shipping/Marine, Consumer Goods/FMCG, Engineering, Construction, Real Estate, and Oil and Gas sectors showed no change (0% MoM growth) in their hiring patterns.

Marketing & Communications leads growth in functional roles

In terms of functional roles, Marketing & Communications professionals witnessed the highest demand in September 2024, with a remarkable 44% YoY growth and a 30% MoM increase. This trend is attributed to the changing marketing dynamics and a strong focus on omnichannel strategiessignificantly boosting demand for roles in content management.

Purchase/Logistics/Supply Chain roles also showed strong growth, recording a 29% MoM increase. Finance & Accounts roles saw an 11% MoM increase, while Legal roles continued their positive trend with a 9% MoM growth.

However, Sales & Business Development roles saw a significant decline of 13% on a month-on-month basis. This shift is observed in most sectors as businesses are increasingly investing in digital marketing, reducing the need for traditional sales roles.

Software, Hardware, and Telecom roles, along with Healthcare roles, have also seen significant decreases in hiring demand, both on a monthly and annual basis, positioning these functions at the bottom of the hiring index.

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 & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.

Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge 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.     

To learn more, about foundit in APAC & Gulf,

Visit: https://www.foundit.sg | www.foundit.com.ph |www.foundit.my | https://www.foundit.in| https://www.founditgulf.com |www.foundit.com.hk | https://www.foundit.id

Contact:  
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Majority of Singapore Employees Comfortable Discussing Mental Health at Work, foundit Survey Reveals

A recent survey by foundit, a leading jobs and talent platform, highlights encouraging developments in Singapore’s workplaces. The study reveals that 57% of employees rate their work-life balance as “Good” or “Excellent,” and 51% feel comfortable discussing mental health issues with their managers or HR.

These findings reflect a growing emphasis on employee well-being and a more open dialogue around mental health in the corporate environment.

However, despite these positive trends, the survey also uncovers areas that warrant attention. A significant 66% of employees report heavy workloads, suggesting room for improvement in workload distribution and management.

Additionally, while 35% of respondents are engaging with wellness programs, a notable portion of employees have not yet utilised these resources, which may impact their ability to manage stress effectively.

As a result, 37% of employees occasionally experience symptoms of burnout, such as exhaustion or reduced professional efficacy. This underscores the need for continued support and resources to help employees cope with workplace demands.

Sekhar GarisaCEO of foundit, commented on the survey:
“It’s heartening to see that a significant number of employees in Singapore are enjoying a positive work-life balance and feel comfortable discussing mental health at work. This marks a substantial step forward in creating supportive workplace cultures. While there are areas that warrant attention, such as workload management and addressing burnout, the overall findings are encouraging. By continuing to focus on employee well-being, Singaporean businesses can enhance productivity, foster innovation, and maintain their position as leaders in the global economy.”

Key Survey Highlights: Building on Positive Momentum

The survey underscores the progress made in Singapore’s corporate sector and identifies opportunities for further enhancement:

  • Work-Life Balance: 57% of employees report a positive work-life balance—37% rating it as “Good” and 20% as “Excellent”. By supporting the 43% who rated their balance as “Fair” (27%) or “Poor” to “Very poor” (16%), organisations can further promote harmony between professional and personal lives.
  • Increasing Mental Health Openness: A significant 51% of employees feel comfortable discussing mental health issues with their manager or HR, comprising 23% who are “Very comfortable” and 28% who are “Comfortable.”
  • Wellness Program Engagement: While 35% of respondents have utilised employee wellness programs, there’s an opportunity to reach the 38% who haven’t yet participated and the 27% who are unaware of such initiatives.
  • Workload Management: 66% of employees report heavy workloads (42% “Heavy” and 24% “Extremely heavy”), giving organisations a chance to improve workload distribution.
  • Addressing Burnout: Encouragingly, 46% of employees rarely or never experience burnout symptoms (24% “Never,” 22% “Rarely”). Organisations need to support the 37% who occasionally face challenges.
  • Key Stress Factors: Employees identify workload (37%), and lack of support (34%) as the top contributors to work-related stress. Addressing these areas offers organisations a clear focus for enhancing employee satisfaction and reducing stress.

Looking Ahead

Singapore’s workplaces have made notable strides in fostering environments that support employee well-being. By addressing areas that need attention and building upon the positive trends identified, organisations can create even more supportive and productive workplaces.

As Singapore continues to evolve as a global business leader, emphasising employee well-being will contribute to sustained economic growth and social development. The findings from foundit’s survey not only celebrate progress but also serve as a roadmap for continued improvement.

By providing valuable insights into current workplace dynamics, the survey equips organisations with the information needed to implement effective strategies that enhance employee well-being and productivity.

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 a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in upskilling and connecting them with the right job opportunities. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.  

Over the last two decades, the company has been a leader in the world of recruitment solutions and has recently launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge 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.

To learn more about, foundit in APAC & Gulf, visit:
Singapore: https://www.foundit.sg
Philippines: https://www.foundit.com.ph
Malaysia: https://www.foundit.my
India: https://www.foundit.in
Gulf: https://www.founditgulf.com
Hong Kong: https://www.foundit.hk
Indonesia: https://www.foundit.id

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

Unlocking India’s Offshoring Advantage: Your Ultimate Guide for 2024

Why is India the world’s top choice for offshoring Our latest whitepaper, “Comprehensive Location Analysis for Offshoring Success: India,” digs deep into how this powerhouse nation is redefining the global offshoring landscape with its blend of technological expertise, economic resilience, and strategic regional hubs.

Key Highlights:

– Unmatched Talent Pool: With over 57% of the global offshoring market share, India’s workforce is second to none. Cities like Bengaluru, Hyderabad, and Pune lead the way in emerging technologies such as AI, automation, and cloud computing, making India the ultimate tech hub for offshoring.
– Strategic Government Incentives: Discover how India’s supportive government policies, tax incentives, and infrastructure development are accelerating growth across sectors, attracting businesses from around the globe.
– Manufacturing & Innovation Hubs: Gujarat and Tamil Nadu are more than just manufacturing giants—they’re evolving into innovation ecosystems with investments in electric vehicles, advanced electronics, and high-tech manufacturing.
– Future-Proof Infrastructure: From the Delhi-Mumbai Industrial Corridor to the Smart Cities Mission, India’s focus on digital and physical infrastructure ensures seamless operations, making it the go-to destination for offshoring success.
– Diverse Regional Strengths: The whitepaper offers a detailed analysis of why each region excels. Maharashtra’s dominance in finance, Tamil Nadu’s manufacturing edge, and Karnataka’s tech expertise show why India offers more than just cost savings—it offers strategic growth opportunities.

An Opportunity Unlike Any Other

This whitepaper doesn’t just highlight India’s strengths—it uncovers the winning strategies for businesses looking to thrive in the country’s dynamic offshoring landscape. Learn how global brands are successfully navigating India’s complex regulatory environment, leveraging government incentives, and embracing regional strengths to maximize growth. You’ll find real-world case studies of companies that have tapped into India’s vast talent pool, diverse sectors, and innovation hubs to scale their operations.

The real game-changer India’s Tier 2 and 3 cities, often overlooked, are rapidly emerging as the next hotbeds of growth, offering businesses untapped markets, cost efficiencies, and access to skilled talent outside the usual metros.

Why This Matters

India is not just about cost savings; it’s about gaining a strategic edge. By 2030, India’s offshoring industry is expected to reach $250 billion, driven by innovation, talent, and a dynamic business environment. Understanding these trends will put your business on the fast track to success.

About SRKay Consulting Group As experts in India’s evolving offshoring landscape, SRKay Consulting Group provides tailored Virtual Captive and Global Competency Center (GCC) solutions. We help businesses navigate the complexities of India’s diverse market, ensuring you capitalize on this thriving ecosystem with confidence. For more information, visit https://www.srkay.com.

Don’t miss the insights that could shape your offshoring strategy for years to come.

Download the Whitepaper and discover why India is the ultimate offshoring partner for your business in 2024!

Media contact:
komal@mianext.com 

India’s Emerging Role in the Global Economy: A Strategic Hub for Global Business in 2024

In an era where businesses are realigning their global operations, India has emerged as a pivotal destination for multinational corporations. A new white paper titled “India’s Emerging Role in the Global Economy” reveals how the country’s dynamic business environment is reshaping global strategies, positioning India as the ultimate hub for innovation, technology, and foreign direct investment (FDI).

Key Insights:

  • Unparalleled Economic Growth: India is forecasted to grow at a staggering 6.5% in FY 2025, making it the fastest-growing major economy, with untapped market potential.
  • Soaring FDI Inflows: Sectors such as computer software and high-tech services have seen an inflow of $17.96 billion, thanks to initiatives like ‘Make in India’ and ‘Digital India.’
  • Technological Powerhouse: India’s digital GDP is expected to hit $1 trillion by 2025, propelled by advancements in AI, cloud computing, and IoT, making it a key global innovation center.

An Opportunity Unlike Any Other

This white paper uncovers the strategies needed to thrive in India’s complex market while navigating risks such as geopolitical tensions and infrastructure challenges. It reveals why global brands like IKEA, Starbucks, and Netflix have achieved unprecedented success by embracing localization, cultural sensitivity, and strategic partnerships.

However, the real surprise lies in India’s Tier 2 and 3 cities, which are emerging as the next frontiers of growth, offering businesses new markets and opportunities.

Explore the full white paper here: India’s Emerging Role in the Global Economy

Why This MattersIndia’s youthful demographic (65% under the age of 35), robust intellectual property laws, and ease of doing business make it a hotbed for innovation and business growth. The paper emphasizes that companies entering India need a tailored approach to local preferences, cultural nuances, and regulatory complexities.

About SRKay Consulting Group

To truly leverage India’s potential, it is essential to partner with a firm that understands the intricacies of this evolving market. SRKay Consulting Group stands at the forefront, helping businesses navigate India’s diverse economy through their expertise in operational excellence and innovative Virtual Captive and Global Competency Center (GCC) solutions. Whether your goal is market entry or expansion, SRKay provides the strategic guidance to ensure sustained growth in India’s competitive landscape. For more information, visit https://www.srkay.com

Read the full report to discover how India is transforming the global economic landscape and why it’s the premier destination for business expansion in 2024.

Don’t miss out on understanding why the world’s leading companies are making India their go-to hub for future growth!

Media contact:
komal@mianext.com 

Malaysia’s Job Market Shows 14% Year-on-Year Growth in August 2024

foundit (formerly Monster APAC & ME), a Asia’s leading jobs & talent platform, today published the foundit Insights Tracker (fit) for August 2024. According to the Malaysia fit report, the overall hiring activity has shown a strong 14% year-on-year increase in e-recruitment, demonstrating the job market’s resilience and ongoing recovery. 

The tracker shows the index rising from 79 in August 2023 to 90 in August 2024, indicating a positive trend in the Malaysian job market. However, there was a slight month-over-month decrease from 95 in July 2024 to 90 in August 2024, reflecting some seasonal fluctuations. 

Commenting on Malaysia’s job trends for August 2024, Sekhar Garisa, CEO, foundit, said, “Malaysia’s job market is demonstrating remarkable resilience and adaptability. The 14% year-on-year growth in August is a testament to the country’s economic recovery and the evolving needs of various sectors. While we’ve observed some seasonal adjustments, the overall trend remains positive, suggesting that Malaysia’s job market is well-positioned for continued growth in the coming months. The diverse growth across sectors, particularly the impressive 83% annual growth in Retail and 55% in Engineering, Construction, and Real Estate, highlights the dynamic nature of Malaysia’s economy. This shift underscores the importance of upskilling and adaptability in today’s rapidly changing job landscape.” 

Retail and Engineering sectors lead growth, while BFSI faces challenges 

The Retail sector has demonstrated remarkable growth, with an 83% year-on-year increase in hiring activity, despite facing a 17% month-on-month decline in August 2024. This recent slowdown marks the sector’s most modest expansion since April 2024, with a notable deceleration in sales growth across various categories including general retail outlets, specialiszed household equipment stores, and niche goods retailers. 

The Engineering, Construction, and Real Estate industry showed impressive growth with a 55% YoY increase and double-digit growth over the last month. This surge is primarily driven by increased activity in both residential and commercial projects, reflecting a robust real estate market and ongoing infrastructure development in Malaysia. 

Other sectors showing substantial annual growth include Hospitality (51%), Logistics, Courier/Freight/Transportation, Shipping/Marine (49%), Oil and Gas (38%), and Advertising, Market Research, Public Relations, Media, and Entertainment (37%). These trends reflect a broad-based economic recovery across multiple sectors in Malaysia. 

However, the Banking, Financial Services, and Insurance (BFSI) sector recorded a 9% YoY decrease in hiring activity, with a notable decline over the last month. This trend could be attributed to ongoing digital transformation efforts in the financial sector, leading to a shift in skill requirements. 

Engineering/Production roles lead functional growth, while traditional Hospitality & Travel roles face decline 

Engineering/Production roles witnessed the highest demand with a 91% YoY growth and a 26% increase over the last month. This surge is particularly driven by heightened activity in the Retail sector over the past year and supported by growth in the Automotive and Engineering, Construction, and Real Estate sectors. 

Marketing & Communications professionals also saw a significant increase in demand, with a 53% YoY growth. This trend reflects the increasing importance of digital marketing and communications strategies across various industries. 

Software, Hardware & Telecom roles experienced a 49% YoY increase, with a notable 45% rise in job roles over the past month. This growth underscores the ongoing digital transformation across sectors and the increasing demand for tech talent. 

However, traditional Hospitality & Travel roles continued to face challenges, experiencing a steep 63% YoY decline. This was the only function to register a drop in demand, indicating significant shifts in the hospitality industry, possibly due to the adoption of new technologies and changing consumer behaviours. 

Other functional areas showing positive YoY growth include Customer Service (46%), Sales & Business Development (37%), HR & Admin (31%), Finance & Accounts (19%), and Purchase/Logistics/Supply Chain (14%). 

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. 

Period for the report 

The period considered for the foundit Insights Tracker (fit) data is August 2023 vs August 2024. 

About foundit – APAC & Middle East 

foundit, formerly Monster (APAC & ME) is Asia’s leading jobs & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.     

Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge 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.      

To learn more about, foundit in APAC & Gulf, visit: www.foundit.my | www.foundit.com.ph | www.foundit.sg | www.foundit.in |www.founditgulf.com |http://www.foundit.hk | www.foundit.id  

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

Belt and Road Summit Opened Today

Focusing on Eight Major Steps to build a connected, innovative and green Belt and Road

The ninth Belt and Road Summit, co-organised by the Hong Kong Special Administrative Region Government (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre.

The theme is Building a Connected, Innovative and Green Belt and Road. As one of the celebrations for the 75th anniversary of the founding of the People’s Republic of China, the Summit brings together over 90 policymakers and business leaders from Belt and Road countries and regions. It centres on the eight major steps President Xi Jinping announced last year to support the high-quality development of the Belt and Road Initiative (BRI) and explores cooperation opportunities for the next golden decade of the BRI.

The Opening Session featured opening remarks by John Lee, Chief Executive of the HKSAR, and welcome remarks by Dr Peter K N Lam, Chairman of the HKTDC. Special addresses were delivered by Li Yongjie, Deputy China International Trade Representative of the Ministry of Commerce of the People’s Republic of China; Gou Ping, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China; and Xiao Weiming, Deputy Secretary-General of the National Development and Reform Commission of the People’s Republic of China. A keynote address was delivered by H.E. Nguyen Hoa Binh, Permanent Deputy Prime Minister of Vietnam.

John Lee said during his opening remarks: “Green development is increasingly important in Belt and Road collaboration. Hong Kong contributes to the cause of sustainability by not only developing green tech, but also by leveraging our expertise in financial services and driving the development of green finance.  Earlier this year, we launched the world’s first multi-currency, tokenised green bond, part of our commitment to Hong Kong’s rise as a green finance hub.”

Dr Lam said: “Innovation and sustainability are key drivers of growth today. We will discuss how we can work more closely together to create a more innovative and greener Belt and Road. With its unique strengths and advantages, Hong Kong is ideally placed to foster collaboration. As the most international city in the Guangdong-Hong Kong-Macao Greater Bay Area and gateway to the vast Mainland China market, Hong Kong can facilitate many opportunities across Asia and beyond. ASEAN – our second-largest trading partner – will be a market highlight at this year’s Summit, following the recent mission we organised to Laos, Cambodia and Vietnam led by Hong Kong SAR Chief Executive John Lee.”

In her remarks, Li Yongjie said: “Under the framework of The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the Ministry of Commerce (MOFCOM) supports Hong Kong to enhance its status as an international financial, shipping and trading centre, and to play the role of a hub and platform in the Belt and Road Initiative.  The MOFCOM will support Hong Kong in signing free trade agreements and investment protection agreements with more countries and regions, and to join Regional Comprehensive Economic Partnership as soon as possible. The MOFCOM will also support mainland and Hong Kong enterprises to strengthen information exchange, deepen cooperation on Belt and Road projects, enhance Hong Kong’s participation in the Belt and Road Initiative, and strengthen Hong Kong’s status as an international trade centre.”

H.E. Nguyen Hoa Binh said during his speech: “The global economy is experiencing significant transformations in its structure and growth model, requiring both governments and the business community to collaborate in promoting initiatives on economic cooperation and integration that support peace, cooperation and development at regional and global levels. I am confident that with the commitment and sound policies of our governments, along with the support and active engagement of the business community and by embracing a spirit of equality, openness and mutual benefit while upholding international law, the Belt and Road Initiative will continue to flourish.”

Deepening multilateral cooperation for a win-win future
Following the successful outcomes of Chief Executive John Lee’s ASEAN visit in July, organised by the HKTDC, the Summit aims to further deepen relations between Hong Kong and ASEAN as well as other emerging markets along the Belt and Road.

The Policy Dialogue, hosted by Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR, focused on Multilateral Cooperation for an Interconnected World. Invited ministerial-level officials from ASEAN and Central Asia who explored opportunities for multilateral cooperation include: H.E. Lim Lork Piseth, Secretary of State, Ministry of Commerce, Cambodia; Rachmat Kaimuddin, Deputy Coordinating Minister, Maritime Affairs and Investment in Infrastructure and Transportation, Indonesia; Arman Kassenov, Vice-Minister of National Economy, the Republic of Kazakhstan.

One highlight of the first day was the Business Plenary chaired by Professor KC Chan, Chairman of WeLab Bank. This session featured Ding Yanzhang, Chairman of Power Construction Corporation of China; Clara Chan, Chief Executive Officer of Lee Kee Group; Dato’ Seri Cheah Cheng Hye, Co-Chairman and Co-Chief Investment Officer of Value Partners Group; Shinta Widjaja Kamdani, Chief Executive Officer of Sintesa Group. They discussed Hong Kong’s role in promoting multilateral business cooperation as well as strategies that global companies are adopting in response to the latest international situation. In the evening, a cocktail reception took place with welcoming and opening remarks from Dr Peter K N Lam, and Sun Yu, Vice Chairman and Chief Executive of Bank of China (HK) Limited. Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR, also delivered special remarks.

The Keynote Luncheon featured a welcome address by Paul Chan, Financial Secretary of the HKSAR Government, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.

Comprehensive analyses of topical issues on the first day of the thematic breakout session
As the Belt and Road Initiative enters its next golden decade, there is increasing demand for efficient, one-stop legal and dispute resolution services. A thematic breakout session titled Building a Green, Sustainable and Innovative Silk Road through Hong Kong’s Legal and Dispute Resolution Services was co-hosted with the Department of Justice of the HKSAR. The session began with welcome remarks from Paul TK Lam, Secretary for Justice of the HKSAR Government, featuring business leaders from the Hong Kong International Arbitration Centre and law firms. Another thematic breakout session on the first day was co-hosted with the Insurance Authority, titled Role of Captive Insurance in Supporting Belt and Road Initiative.

Additionally, the Summit co-hosted the Mainland-Hong Kong Trade In Services Symposium with the Ministry of Commerce of the People’s Republic of China (MOFCOM). This symposium analysed the latest developments across various sectors, driving service innovation along the Belt and Road, with representatives from leading companies in telecommunications, AI and professional services. The Symposium also features a pavilion brought by MOFCOM, which brings together exhibitors in the fields of green technology, business services and cultural trade to showcase China’s achievements in trade in services to global buyers, and to build a platform for collaboratively exploring the international market.

Debut Green Chapter highlights Hong Kong’s green advantages
This year’s Summit introduces a new Green Chapter, featuring a series of thematic breakout sessions related to green construction, innovation and finance, allowing participants to explore ways of developing green businesses leveraging Hong Kong as a platform.

The Charting Green Development for a Connected World session discussed strategies for optimising green infrastructure development. It was co-hosted by the China International Contractors Association. The speakers at this session were:  Chen Zhong, Vice General Manager of China Communications Construction Group Limited; Harry Lai, Executive Director of Hong Kong Green Building Council; Wu Yun, Deputy General Manager of China Energy Engineering Group Co., Ltd; Rex Wong, CEO of Kam Shing Group; and Mi Zhihui, Vice President of Shanghai Municipal Engineering Design Institute (Group) Co., Ltd.

Second Business Plenary to explore opportunities in the Middle East
Tomorrow’s Business Plenary will be chaired by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. The business plenary, which will explore opportunities in the Middle East and other Belt and Road markets, will feature: Mohamed Abduljabbar Alkoheji, Second Vice-Chairman of the Bahrain Chamber of Commerce and Industry; Bonnie Y Chan, Chief Executive Officer of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG from Hungary; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited from Hong Kong; Iqbal Khan, Chief Executive Officer of Fajr Capital from UAE; and Bui Kim Thuy, Deputy CEO of VinFast from Vietnam.

Two new thematic breakout sessions will also take place tomorrow – Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-people Exchanges through Business and Cultural Collaboration – discussing progress in transport connectivity and ways in which economic and cultural exchanges can enhance mutual understanding. The Green Chapter will also have two sessions tomorrow on Smart and Green Silk Road and Developing Viable Sustainable Infrastructure Projects. Two sessions from the Finance Chapter will discuss how businesses can seize financial services opportunities in the Belt and Road via Hong Kong to expand in ASEAN and the Middle East and the impact of financial innovation and technology on BRI development. A Youth Chapter session brings together young business leaders to talk about the ways in which youth can harness opportunities presented by the BRI.

19 MoUs signed on Day 1
19 Memoranda of Understanding (MoUs) signed on the first day of the Summit. Signatories of the 4 G2G MoUs and 15 B2B MoUs comprised government and businesses from the Middle East and ASEAN, including the United Arab Emirates, Indonesia, Malaysia and Vietnam as well as Australia. Areas covered include infrastructure, energy and sustainable development. This year’s Summit continues to offer investment and business matching services, including one-to-one project matching meetings and project investment sessions. The business matching service provides a full range of options, in both physical form on 11-12 September and online on 16-17 September, with more than 280 investment projects expected to be matched and more than 800 one-to-one project matching meetings taking place.

The Summit continues to feature an exhibition area showcasing more than 100 exhibitors across three distinct zones: the Hong Kong ZoneGlobal Investment Zone and InnoTech Zone. The Hong Kong Zone highlights the services and business advantages of Hong Kong service providers. The Global Investment Zone presents large-scale investment projects, cultural and technological developments as well as global investment opportunities. The InnoTech Zone showcases cutting-edge innovations, AI, digital technologies and solutions from around the world.

The Strategic Partner for the 9th Belt and Road Summit is Bank of China International Capital Corporation Ltd. The Banking Partner is Bank of China (Hong Kong) Limited. The Global Connectivity Partner is the Hongkong and Shanghai Banking Corporation Limited. The New Economy Partner is Standard Chartered. The Diamond Sponsor is Huatai International Financial Holdings Company, while China Mobile International Limited, China National Petroleum Corporation, China Telecom Global and China Unicom Global Limited are Platinum Sponsors.

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Media enquiries
Yuan Tung Financial Relations:

Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hk
Louise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hk

HKTDC Communications & Public Affairs Department:

Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.org
Agnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.