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Thailand BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project; Green Lights Revised Incentives for the Bioeconomy

BANGKOK, Jan. 29, 2025 /PRNewswire/ — The Thailand Board of Investment (BOI) today approved investment privileges for projects worth a combined 170.5 billion baht (ca. US$5 Billion) in value, including a digital infrastructure project by leading global video content platform TikTok. The board also approved revised promotion measures for the bioeconomy, such as promotion of Sustainable Aviation Fuel (SAF) and Mixed SAF.

The Thailand Board of Investment (BOI), at a meeting chaired today by Deputy Prime Minister Pichai Chunhavajira, granted promotion benefits to a total of 170.5 billion baht (US$5 Billion) in investments, including a 126.8 billion baht data hosting project by TikTok, and a 3.25 billion baht cloud services project by Siam AI. The board also approved investment incentives for the production of Sustainable Aviation Fuel (SAF).
The Thailand Board of Investment (BOI), at a meeting chaired today by Deputy Prime Minister Pichai Chunhavajira, granted promotion benefits to a total of 170.5 billion baht (US$5 Billion) in investments, including a 126.8 billion baht data hosting project by TikTok, and a 3.25 billion baht cloud services project by Siam AI. The board also approved investment incentives for the production of Sustainable Aviation Fuel (SAF).

TikTok Pte. Ltd., the Singapore-based unit of the Chinese company, received approval for a 126.8 billion baht investment in data hosting services to support the activities of affiliated companies, with operations expected to start in 2026. TikTok has over 1 billion users around the world.

Projects approved today by the board also include a 3.25 billion baht investment by Siam AI Corporation, a Thai company, in cloud services focusing on artificial intelligence applications.

“TikTok’s and Siam AI’s investments mark a significant step in enhancing Thailand’s digital and AI infrastructure and supporting the national goal of becoming a digital innovation hub in ASEAN,” Mr. Narit Therdsteerasukdi, Secretary General of the BOI, said after the meeting, chaired by Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance.

TikTok’s investment follows the setup in Thailand of a string of large data centers and cloud services projects by companies such as Amazon Web Services and Google (Alphabet) from the U.S., Australia’s NextDC, India’s CtrlS Datacenters, and Singapore-based GDS IDC Services PTE Ltd.

Thailand’s total applications for investment promotion in 2024 soared 35% in value to a 10-year high of 1.14 trillion baht, led by the digital sector, mainly large foreign direct investment (FDI) projects in data centers and cloud services.

Incentives for Sustainable Aviation Fuel Production

In line with the BOI’s existing policies to promote Thailand as a bioeconomy hub and to stimulate investment that add value to agricultural raw materials and agricultural waste, the Board approved granting investment promotion privileges to the production of Sustainable Aviation Fuel (SAF) and Mixed SAF, a ready to use fuel which mixes pure bio SAF with fossil jet fuel to meet industry sustainability requirements and allows use of the mixed fuel without engine modification.

For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand

TCMA joins Saraburi Province to mark one year anniversary of progress “SARABURI SANDBOX” Thailand’s first low-carbon city


BANGKOK, THAILAND – Media OutReach Newswire – 29 January 2025 – Thai Cement Manufacturers Association (TCMA) and cement manufacturers with fully support to Saraburi Province, government agencies, private sectors, and civil society to present the one-year anniversary of progress of SARABURI SANDBOX, Thailand’s first low-carbon city. The initiative is set to advance efforts in clean energy transition, green industry, and value creation for carbon with support from all stakeholders and international cooperation, advanced technologies, and green financing.

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SARABURI SANDBOX is an area-based collaborative effort, driven by the Public-Private-People Partnership (PPP) approach, comprising three key stakeholders: Saraburi Province, TCMA, and FTI Saraburi Provincial Chapter. Led by the Governor of Saraburi Province and supported by domestic and international partners, aiming at transforming Saraburi into a low-carbon city by fostering collaboration among the government sector, the private sector, civil society, and related industries for various pilot projects of CO2 reduction.

A year of action since the joint declaration of commitment on August 15, 2023, the tangible and significant progress has been made across five key focus areas: 1) clean energy transition, 2) green industry promotion, 3) waste to value, 4) low-carbon agriculture, and 5) green space expansion. The project still continues with collaborative effort of all sectors, including to seek additional green funding to achieve a target reduction of 5 million tons of carbon dioxide equivalent by 2027.

Mr. Bancha Chaowarin, Governor of Saraburi Province emphasized the collaborative approach, outlining four key working principles: 1) immediate action, 2) trial-and-error, flexibility and adaptability, 3) respectful dialogue and consensus-building, and 4) maintaining a positive working atmosphere. The Saraburi Governor affirmed Saraburi’s readiness to serve as a lab city for new technologies and innovations, with the goal of replicating successful models across other provinces, leading to tangible greenhouse gas reduction outcomes, and spreading economic and social benefits to the locals of Saraburi. The Saraburi Governor stressed that the next phase requires continued cooperation, particularly policy support from the government to achieve the Thailand Nationally Determined Contribution (NDC) goals.

Dr. Chana Poomee, Chairman of Thai Cement Manufacturers Association (TCMA) and Vice Chairman of the Federation of Thai Industries stated that TCMA, as a representative of Thailand’s leading cement manufacturers and a key manufacturing sector in Saraburi, TCMA plays a pivotal role in this project, is committed to achieving net-zero carbon emissions by 2050, in alignment with the Thailand 2050 Net Zero Cement and Concrete Roadmap. TCMA’s contributions to building Saraburi as the first low-carbon city of Thailand include optimizing cement production processes, fostering collaboration among stakeholders, and seeking green fund and opportunities for international cooperation.

Over the past year, the cement industry has made significant contributions to the SARABURI SANDBOX across several areas: 1) Industrial Process and Product Use (IPPU): research and development of clinker substitution, leveraging nanotechnology to enhance cement properties. Collaboration among stakeholders is essential for knowledge development, machinery upgrades, investment incentives, and regulatory adjustments to promote the adoption of hydraulic cement-a low carbon cement. These actions can contribute CO2 reduction by over 1 million tons in 2023-2024. 2) Green and Smart Mining: efficient resource utilization, coupled with sustainable land rehabilitation to benefit local communities and the environment. 3) Clean Energy Transition: implementation of waste heat recovery (WHR) systems, increased use of renewable energy sources such as solar power, and adoption of biomass and refuse derived fuel (RDF) to replace coal through the co-processing in cement kilns. These measures are expected to cut carbon emissions by approximately 9-12 million tons per year and mitigate PM 2.5 pollution from agricultural burning, while generating additional income for farmers and promoting efficient waste management to zero landfill. 4) Carbon Value Creation: researching carbon utilization methods, including CO2-to-Methanol. Notably, SARABURI SANDBOX has become the first industrial cluster in Thailand accepted into the Transitioning Industrial Clusters Initiative of the World Economic Forum.

Dr. Chana Poomee highlighted that while significant progress has been made, achieving the goal of establishing a low-carbon city requires innovative approaches, strong leadership across sectors, strong local administration, and substantial international support. Moving forward, increased collaboration with organizations such as the Global Cement and Concrete Association (GCCA), the United Nations Industrial Development Organization (UNIDO), the German International Cooperation Organization (GIZ), and other global entities will be crucial in supporting energy transition and carbon capture, utilization, and storage (CCUS) efforts. Dr. Chana emphasized the need for government policies to provide essential support, including knowledge sharing, technological integration, and funding to facilitate meaningful change.

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The “SARABURI SANDBOX: Joining Forces to Create Thailand’s First Low-Carbon City” event was held on January 22, 2025, the Navaminda Kasatriyadhiraj Royal Air Force Academy (NKRAFA), Muak Lek District, Saraburi Province. The event aimed to raise public awareness, extract key lessons from the past year, and brainstorming to gather input from various sectors to shape the future strategies of SARABURI SANDBOX. More than 700 participants from different sectors attended the event.
Hashtag: #TCMA #ThaiCementManufacturersAssociation

The issuer is solely responsible for the content of this announcement.

Laos Welcomes Over 4 Million Tourists in 2024

Laos Welcomes Over 4 Million Tourists in 2024
Laos Welcomes Over 4 Million Tourists in 2024

In 2024, Laos welcomed more than 4 million tourists, with an increase of almost one million visitors compared to 2023.

According to data provided to the Laotian Times by the Ministry of Information, Culture and Tourism, in 2024 a total of 4,120,832 tourists visited Laos

The top 10 countries contributing to this success with the highest number of visitors were Thailand, Vietnam, China, Korea, France, Russia, the United States,  and the United Kingdom .

Thailand led the way with 1,215,553 tourists, followed by Vietnam with 1,054,204, and China with 1,048,034. 

The rise in visitor numbers to Laos is attributed to the country’s increased exposure on several international travel websites as well as the success of the 2024 Visit Laos Year campaign. As part of this initiative, Laos granted special visa exemptions to more than 30 countries, including China, the United States, and eight European countries.

In October, Laos was ranked fourth on the list of the Top 30 Best Places to Visit in 2025 by the travel guidebook “Lonely Planet.” The top five destinations include Cameroon, Lithuania, Fiji, Laos, and Kazakhstan.

 

APT. Song Hits Billiboard Hot 100, Wins Lao Fans

APT. Song Hits Billiboard Hot 100, Wins Lao Fans
Rosé and Bruno Mars on set of their music video (photo credit: John V.Esparza)

Popular Korean singer Rosé has reached another milestone with her song APT. secured the third place on the latest Billboard Hot 100 ranking.

The EM DISTRICT Bangkok Unveils Spectacular Chinese New Year Celebrations with 3,000 Panda to Mark 50 Years of Thai-Chinese Diplomatic Friendship


BANGKOK, THAILAND – Media OutReach Newswire – 29 January 2025 – The EM DISTRICT Bangkok is thrilled to announce an extraordinary Chinese New Year celebration in honor of the Golden Year of Friendship between Thailand and China. This milestone marks 50 years of diplomatic ties between the two nations, blending cultural traditions with modern attractions. The auspicious festivities, attended by H.E. Mr. Han Zhiqiang, Ambassador of the People’s Republic of China to the Kingdom of Thailand, alongside Mr. Phumtham Wechayachai – Deputy Prime Minister and Minister of Defence, Mr, Varawut Silpa-archa – Minister of Social Development and Human Security, Ms. Sudawan Wangsuphakijkosol – Minister of Culture Ms. Teerarat Samrejvanich – Deputy Interior Minister, Mr. Chadchart Sittipunt – Governor of Bangkok, Ms. Thapanee Kiatphaibool – Governor of the Tourism Authority of Thailand and The Mall Group’s top management led by Ms. Supaluck Umpujh, Chairwoman of The Mall Group, will take place from January 20th to February 28th, 2025, across the vibrant EM DISTRICT, including Emporium, Emquartier, and Emsphere.

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From January 22 to February 23, EM DISTRICT will be transformed into a whimsical panda wonderland with the installation of 3,000 adorable panda sculptures. Enhancing the experience, a lively Panda Flash Troop will perform twice daily from January 27th to January 29th, adding an extra touch of excitement and joy for families and visitors of all ages. On the 26th – 27th of January there will be a Panda Culture truck that will showcase Panda ecosystem for all to see as it cruises throughout the city of Bangkok starting from Asoke intersection to the Grand Palace and back to EM DISTRICT.

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Food lovers will be treated to a culinary adventure at the Chinese Boulevard Street Food and Tea House Market, hosted at Emquartier. This market will feature 30 carefully curated vendors offering an array of authentic Chinese dishes, traditional teas, and irresistible snacks, promising a feast for the senses.

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At Emsphere’s Em Market Hall, the Panda Exhibition Showcase and Café will provide a platform to explore and shop for top-selling Chinese products. Running from January 22nd to February 25th, this unique showcase brings the best of China’s craftsmanship and innovation directly to Bangkok, offering visitors a chance to discover exclusive items and cultural treasures.

A Grand Golden Dragon Theme Across EM DISTRICT in this celebration of the Year of the Golden Dragon, all three EM DISTRICT malls will feature stunning golden dragon designs, symbolizing prosperity, strength, and good fortune. These intricate and immersive decorations aim to captivate visitors and create a festive ambiance that resonates with the spirit of Chinese New Year.

The EM DISTRICT Bangkok invites everyone to be part of this historic celebration which will include Chinese face changing shows, concerts, lion blessing troop to commemorate five decades of Thai-Chinese friendship through vibrant festivities, iconic installations, and cultural showcases. Don’t miss this unforgettable event that bridges cultures and communities in the heart of Bangkok.

Hashtag: #EMDISTRICT

The issuer is solely responsible for the content of this announcement.

Advanced Aesthetic Technologies, Inc. is pleased to announce the approval of Algeness® VL agarose facial injection filler for marketing in China

AAT announces additional significant updates

RADNOR, Pa., Jan. 29, 2025 /PRNewswire/ — Advanced Aesthetic Technologies, Inc. (“AAT”) announced today that their partner in China has obtained approval to market their unique dermal filler Algeness® VL agarose facial injection filler, a 2.5% agarose gel dermal filler. AAT’s development and distribution partner is Lanzhou Biotechnique Development Co., Ltd. (“LanDev”), the aesthetic section company of China National Biotec Group Company Limited (belonging to Sinopharm Group, “CNBG”), which acted as the agent for Algeness® VL agarose facial injection filler and obtained the registration license as an imported Class III medical device from the National Medical Products Administration. Algeness® is the first officially approved agarose-based injection filler in China.

Algeness® is the culmination of many years of scientific and clinical research to define a novel biocompatible material to fill wrinkles and volume loss in facial soft tissues. Their team of scientists and physicians worked with Algeness® to create an exceptional 100% natural and biodegradable injectable implant with a unique injection technique.

According to Doug Abel, President and CEO of AAT, “We are excited and look forward to the entry of Algeness® into the large aesthetic market in China through our partner LanDev. We believe that LanDev is the ideal partner to maximize the success of Algeness® in China as they are the sole domestic Chinese manufacturer of botulinum toxin and their product, Hengli, was the first to launch in China and holds significant market share. This approval marks a significant accomplishment by the LanDev, CNBG, AAT, and Ghimas teams and our regulatory advisors and partners.”

“We see the upcoming entry into the market in China with such a strong partner as transformational for the Company, and a demonstration of the clinical performance of this truly unique product,” he adds.

This important achievement follows a series of significant milestones for Advanced Aesthetic Technologies that were reached over the last two years including:

  • Successfully advancing the clinical trial to be submitted to the US FDA as part of the Pre-Market Authorization (PMA process) through the primary safety and efficacy endpoints with additional, ongoing patient follow up.
  • Advancing the balance of the required information for US FDA submission in 2025.
  • Obtaining the CE Mark under the elevated requirements of the Medical Device Regulations (MDR) initially with therapeutic claims and recently expanding the label to include aesthetic claims under Annex XVI.
  • Acquiring a controlling interest in Ghimas, S.p.A., the original developer and manufacturer of Algeness®.

Plastic Surgeon Dr. Omer Buhsem from Istanbul serves as the Medical Director for Algeness® and has conducted preclinical work with the product portfolio. “I believe that Algeness®, through its unique rheology and structure, brings an important additional tool to our aesthetic armamentarium from both efficacy and safety perspectives. With my patients, I am uniquely able to define the desired shape while working with a product that I have found to be very safe.” Dr. Buhsem has previously published a 700-patient retrospective of his experience with Algeness®.

The unique Algeness® dermal filler continues to receive very positive reviews from aesthetic practitioners globally. According to dermatologist Dr. Tatjana Pavicic of Munich, Germany, “Algeness® is a true revolution in the field of aesthetic medicine. It stands out for its purely natural composition, biocompatibility, and the remarkable, natural-looking results we can achieve for our patients. In our nearly 10 years of experience with Algeness®, my patients report high satisfaction with the immediate lift and long-lasting results, and I appreciate the product’s excellent safety profile and predictability.”

The approval in China combined with the Company’s achievement of critical milestones launches AAT into the next stage. Future commercialization in China combined with the potential for US approval, the significant product performance data developed to support registration, and the unique product profile provide the foundation for Algeness® to have an important place in medical aesthetics.

About Advanced Aesthetic Technologies, Inc.

AAT is a fast-growing, global corporation developing new technologies for aesthetic medicine. Their Algeness® family of injectable implants is the culmination of many years of scientific and clinical research with the goal of providing aesthetic treatment providers with advances in the ability to achieve deep structural support, clean definition, and exceptional clinical outcomes where patients receive their outcome at the time of treatment. Algeness® is a 100% natural and biodegradable filler based on purified agarose with a differentiated clinical and safety performance profile. AAT continuously invests in research and product development to expand the scientific knowledge on Algeness® and agarose while continually pursuing new and innovative technologies to expand our portfolio.

Algeness® is the all-natural, biodegradable, biocompatible agarose-based gel implant, free of all synthetic or cross-linking chemicals. Algeness® dermal fillers add immediate facial volume with excellent persistence without the cross-linking chemicals found in Hyaluronic Acid fillers. It is currently available in many markets in for concentrations of agarose to match specific cosmetic improvements of the lips, fine lines, naso-labial folds and for shaping the cheeks, jawline and other facial areas. In China, only Algeness® VL agarose facial injection filler is now approved for the treatment of nasolabial folds.

As of this release, AAT is in the process of pursuing registration in the U.S. market through the U.S. Food and Drug Administration (FDA).

For more information, Algeness.com

For media inquiries, Media@algeness.com

For more information about Algeness® Dermal Filler: Filler@algeness.com

For inquiries about global distribution: Algeness.com/algeness

Facebook: Facebook.com/Algeness
Instagram: Instagram.com/Algeness/
LinkedIn: https://www.linkedin.com/company/advanced-aesthetic-technologies-inc-algeness/ 

Advanced Aesthetics Technologies, Inc.
150 North Radnor-Chester Road, Suite F-200, Radnor, PA 19087

Logo – https://laotiantimes.com/wp-content/uploads/2025/01/algeness_logo_logo-1.jpg

Advanced Aesthetic Technologies, Inc. is pleased to announce the approval of Algeness® VL agarose facial injection filler for marketing in China

AAT announces additional significant updates

RADNOR, Pa., Jan. 29, 2025 /PRNewswire/ — Advanced Aesthetic Technologies, Inc. (“AAT”) announced today that their partner in China has obtained approval to market their unique dermal filler Algeness® VL agarose facial injection filler, a 2.5% agarose gel dermal filler. AAT’s development and distribution partner is Lanzhou Biotechnique Development Co., Ltd. (“LanDev”), the aesthetic section company of China National Biotec Group Company Limited (belonging to Sinopharm Group, “CNBG”), which acted as the agent for Algeness® VL agarose facial injection filler and obtained the registration license as an imported Class III medical device from the National Medical Products Administration. Algeness® is the first officially approved agarose-based injection filler in China.

Algeness® is the culmination of many years of scientific and clinical research to define a novel biocompatible material to fill wrinkles and volume loss in facial soft tissues. Their team of scientists and physicians worked with Algeness® to create an exceptional 100% natural and biodegradable injectable implant with a unique injection technique.

According to Doug Abel, President and CEO of AAT, “We are excited and look forward to the entry of Algeness® into the large aesthetic market in China through our partner LanDev. We believe that LanDev is the ideal partner to maximize the success of Algeness® in China as they are the sole domestic Chinese manufacturer of botulinum toxin and their product, Hengli, was the first to launch in China and holds significant market share. This approval marks a significant accomplishment by the LanDev, CNBG, AAT, and Ghimas teams and our regulatory advisors and partners.”

“We see the upcoming entry into the market in China with such a strong partner as transformational for the Company, and a demonstration of the clinical performance of this truly unique product,” he adds.

This important achievement follows a series of significant milestones for Advanced Aesthetic Technologies that were reached over the last two years including:

  • Successfully advancing the clinical trial to be submitted to the US FDA as part of the Pre-Market Authorization (PMA process) through the primary safety and efficacy endpoints with additional, ongoing patient follow up.
  • Advancing the balance of the required information for US FDA submission in 2025.
  • Obtaining the CE Mark under the elevated requirements of the Medical Device Regulations (MDR) initially with therapeutic claims and recently expanding the label to include aesthetic claims under Annex XVI.
  • Acquiring a controlling interest in Ghimas, S.p.A., the original developer and manufacturer of Algeness®.

Plastic Surgeon Dr. Omer Buhsem from Istanbul serves as the Medical Director for Algeness® and has conducted preclinical work with the product portfolio. “I believe that Algeness®, through its unique rheology and structure, brings an important additional tool to our aesthetic armamentarium from both efficacy and safety perspectives. With my patients, I am uniquely able to define the desired shape while working with a product that I have found to be very safe.” Dr. Buhsem has previously published a 700-patient retrospective of his experience with Algeness®.

The unique Algeness® dermal filler continues to receive very positive reviews from aesthetic practitioners globally. According to dermatologist Dr. Tatjana Pavicic of Munich, Germany, “Algeness® is a true revolution in the field of aesthetic medicine. It stands out for its purely natural composition, biocompatibility, and the remarkable, natural-looking results we can achieve for our patients. In our nearly 10 years of experience with Algeness®, my patients report high satisfaction with the immediate lift and long-lasting results, and I appreciate the product’s excellent safety profile and predictability.”

The approval in China combined with the Company’s achievement of critical milestones launches AAT into the next stage. Future commercialization in China combined with the potential for US approval, the significant product performance data developed to support registration, and the unique product profile provide the foundation for Algeness® to have an important place in medical aesthetics.

About Advanced Aesthetic Technologies, Inc.

AAT is a fast-growing, global corporation developing new technologies for aesthetic medicine. Their Algeness® family of injectable implants is the culmination of many years of scientific and clinical research with the goal of providing aesthetic treatment providers with advances in the ability to achieve deep structural support, clean definition, and exceptional clinical outcomes where patients receive their outcome at the time of treatment. Algeness® is a 100% natural and biodegradable filler based on purified agarose with a differentiated clinical and safety performance profile. AAT continuously invests in research and product development to expand the scientific knowledge on Algeness® and agarose while continually pursuing new and innovative technologies to expand our portfolio.

Algeness® is the all-natural, biodegradable, biocompatible agarose-based gel implant, free of all synthetic or cross-linking chemicals. Algeness® dermal fillers add immediate facial volume with excellent persistence without the cross-linking chemicals found in Hyaluronic Acid fillers. It is currently available in many markets in for concentrations of agarose to match specific cosmetic improvements of the lips, fine lines, naso-labial folds and for shaping the cheeks, jawline and other facial areas. In China, only Algeness® VL agarose facial injection filler is now approved for the treatment of nasolabial folds.

As of this release, AAT is in the process of pursuing registration in the U.S. market through the U.S. Food and Drug Administration (FDA).

For more information, Algeness.com

For media inquiries, Media@algeness.com

For more information about Algeness® Dermal Filler: Filler@algeness.com

For inquiries about global distribution: Algeness.com/algeness

Facebook: Facebook.com/Algeness
Instagram: Instagram.com/Algeness/
LinkedIn: https://www.linkedin.com/company/advanced-aesthetic-technologies-inc-algeness/ 

Advanced Aesthetics Technologies, Inc.
150 North Radnor-Chester Road, Suite F-200, Radnor, PA 19087

Logo – https://laotiantimes.com/wp-content/uploads/2025/01/algeness_logo_logo-3.jpg

ADECCO GROUP PARTNERS WITH BULLHORN TO DRIVE AI-POWERED RECRUITMENT INNOVATION AS PART OF ITS GLOBAL AI STRATEGY

Precision talent matching through Bullhorn’s AI-powered Search & Match and Recruitment Cloud tools support Adecco Group’s commitment to leveraging advanced AI to transform the customer experience and drive profitable growth.

ZURICH, Jan. 29, 2025 /PRNewswire/ — The Adecco Group, a world leading talent company, announces today that it has strengthened its partnership with Bullhorn, a global leader in software for the recruitment industry. This collaboration underscores Adecco Group’s drive to building and maintaining competitive edge through technology and innovation, empowered by strategic partnerships, which will empower the Group to harness the power of AI, for everyone.

Adecco Group will deploy Bullhorn’s latest Applicant Tracking System (ATS), to transform the matching process between candidates and job opportunities. Its state-of-the-art Search & Match algorithms effortlessly pinpoint the most suitable candidates without recruiters having to manually search, saving them valuable time and increasing efficiency.

Bullhorn AI Search & Match is available as part of Bullhorn Recruitment Cloud within the Adecco Group’s front-office platform. As Bullhorn is part of Salesforce’s #Agentforce Partner Network, a global ecosystem of leading partners building AI agents, the integration of Bullhorn’s technologies will be seamless in The Adecco Group platforms.

Bullhorn Recruitment Cloud supports the Adecco Group’s goals of using technology to improve customer experience, including through a double-digit improvement in fill rates and lower time to fill, while providing a cohesive and efficient workflow.  Bullhorn’s latest technologies will support the Adecco’s Group aim to reimagine delivery processes and scale its best-in-class Global Talent Supply Chain. This will bring to clients better suited candidates, more quickly and reliably, and for candidates, jobs that better fit with their expectations.

Bullhorn’s solutions are used every day by recruiters across the Group’s three Global Business Units – Adecco, Akkodis and LHH. Under the new agreement, the number of Bullhorn Recruitment Cloud users will grow 20 percent by the end of 2025, with new deployment in key markets such as Germany, Italy, and to the Group’s small and medium countries. This extends a decade long relationship that has seen both companies work closely together to implement cutting-edge solutions that address the evolving demands of staffing.

Commenting on the partnership, Denis Machuel, CEO of Adecco Group, said:

“I am delighted that we are strengthening our partnership with Bullhorn to drive the future of work through technology. 23,000 of our employees use Bullhorn Recruitment Cloud every day to put the world to work. And the digital revolution is just beginning. Together, we are developing innovative AI solutions with the Salesforce #Agentforce Partner Network that will redefine recruitment and transform employee and customer experiences.”

Art Papas, Bullhorn CEO and founder added: “This is truly a head-turning moment for the recruitment industry. AI will, without a doubt, have a profound effect on customer growth and profitability in the future. Industry leaders like the Adecco Group are infusing AI into their recruitment workflows and, in doing so, are creating the roadmap for the recruitment industry moving forward.”

About Bullhorn

For the past 25 years, Bullhorn has dedicated itself to building industry-leading, cloud-based software for the staffing and recruitment industry. Through partnerships with 10,000 customers globally, Bullhorn has built a vast knowledge base of recruitment best practices and deep domain expertise to help firms scale their businesses. Founder-led and headquartered in Boston, Bullhorn employs 1,500 people across 14 countries focused on delivering an incredible customer experience – its core mission.  www.bullhorn.com

About the Adecco Group

The Adecco Group is a world leading talent company. Our purpose is making the future work for everyone. Through our three global business units – Adecco, Akkodis and LHH – across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).

For further information please contact:

Investor Relations

investor.relations@adeccogroup.com

+41 (0)44 878 88 88

Press Office

media@adeccogroup.com

+44 20 4592 0646

 

adeccogroup.com
Facebook: facebook.com/theadeccogroup
Linked In: @TheAdeccoGroup