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Financial PR (HK) Reaches a Strategic Alliance Agreement with Kerl & Cie To Jointly Expand Cross-board Financial PR Services

HONG KONG SAR – Media Outreach – 4 April 2023 – Financial PR (Hong Kong) Limited (“Financial PR (HK)”) is pleased to announce a strategic alliance agreement (“Agreement”) with Kerl & Cie Gesellschaft für Kommunikationsberatung GmbH (“Kerl & Cie”), a well-known financial public relations (“PR”) and marketing company in Germany. Through resource sharing and complementary advantages, the two parties will establish a mutually beneficial and sustainable strategic partnership, jointly providing high-quality and comprehensive cross-border financial PR services to enterprises in the Asia-Pacific and European regions.

Under the Agreement, both parties will engage in extensive cooperation in areas such as cross-border investor roadshows, media promotion, digital communication, corporate training, event planning, and market analysis through resource sharing. Furthermore, they will leverage their influence in professional fields and regions to provide cross-border financial PR services to enterprises in the Asia-Pacific and European regions, while further expanding into new regions and markets.

Financial PR (HK) is a leading financial PR company in Hong Kong, specialising in providing high-quality and professional investor relations, public relations, and media promotion services for listed companies in the Asia-Pacific region. Meanwhile, Kerl & Cie, located in Frankfurt, Germany, has vast experience in public relations, advertising planning, and design, and possesses a robust business network in Europe. This strategic alliance marks a significant milestone for both parties to achieve a win-win cooperation. Both parties will pool their respective advantage to further strengthen their competitiveness, promote leapfrog development of both businesses, and bring new opportunities for development.

Mr. Hon Fung, Managing Director of Financial PR (HK), said, “We are thrilled to forge a strategic alliance with Kerl & Cie, which signifies not only our strategic collaboration in cross-border business expansion but also embodies the mutual trust and respect between both parties to attain win-win objectives through cooperation. At present, we have an extensive business network in the Greater China region and Singapore. This cross-regional cooperation allows us to broaden our international market presence and amplify our influence in the European region, leveraging Kerl & Cie’s strong resource network. We look forward to working closely together to deliver excellent results to our clients.” He added, “Going forward, we will continue to strengthen cooperation with leaders across various industries and regions, achieve complementary advantages, optimise resource allocation, and be committed to enhancing competitiveness while also bringing higher quality services to our clients.”

David Kerl, Managing Director Kerl & Cie, said: “We see great potential in this cooperation. As a leading PR company in the financial industry in Germany, we can add a real value for any Asian company that likes to communicate with the German public.”

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

About Financial PR (HK) Limited

Financial PR (HK) was established in June 2012 in Hong Kong and is an Asia-based comprehensive capital market professional service company. It combines investment relations, corporate promotion, financial media public relations and online media release services in one. Its holding company is Shanghai Shihua Information Technology Service Co., Ltd., mainly owned by BlueFocus Intelligent Communications Group Co., Ltd. (listed on the Shenzhen Stock Exchange, stock code: SZ.300058). Financial PR (HK) provides expert solutions for shareholders through flexible and innovative ideas that benefit both parties. Since 2013, they have contributed by organizing various investment conferences and awards annually, leveraging their professional knowledge and extensive networks to attract over a hundred companies and investors to exchange views on investment themes and strategies, becoming an effective and widely recognised communication platform in the Asian market.

About Kerl & Cie Gesellschaft für Kommunikationsberatung GmbH

Kerl & Cie creates tailored communication solutions for its clients and combines services from the areas of public relations, media planning and advertising. In addition to the information and media industry, their clients primarily include financial service providers such as banks, brokers, fund companies, derivatives issuers, stock exchanges and real estate companies. The range of services offered by Kerl & Cie covers the entire spectrum of communication and online and offline marketing.

LOFTER Group partnered with “The Hub Hong Kong”, a non-profit children’s charity

to hold a Easter fun day to celebrate with the grass-root children

HONG KONG SAR – Media Outreach – 4 April 2023 – LOFTER GROUP (“LOFTER” or “the Group”), a Hong Kong-based property developer has always been caring for people from different social strata and committed to giving back to the community. With the advent of Children’s Day and Easter, the Group, through LOFTER Care Community Programme, partnered with “The Hub Hong Kong”, the local non-profit making children’s organization, to organize a fun day to celebrate the festival with the children through making handicrafts and playing group games.

LOFTER Care Community Programme adheres to the spirit of “LOFTER Cares All”. The event co-organized with The Hub Hong Kong and the volunteers from different departments of the Group led the children to participate in handcrafting and group games, as well as giving them the small gifts to share a happy time. The Group also took this opportunity to express concern to them and understand their needs in life.

Ms. Carol Chow, Founder and Chairperson of LOFTER said, “Many children do not have an ideal living space and appropriate assistance to guide them on studying. We hope to increase their learning opportunities and give full play to their potential through different assistance. With the advent of Children’s Day and Easter in April, the Group hopes to celebrate with grass-root children on fun day, so that they can feel strong festive atmosphere and enjoy the good time together.”

Click here to download more HD photos.
Hashtag: #LOFTERGROUP

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

LOFTER GROUP

Founded in 2012, LOFTER GROUP is a property developer based in Hong Kong. It is principally engaged in developing exceptional and high-quality residential, commercial, retail, and industrial properties. Leverage on its extensive experience, the Group is actively exploring a variety of opportunities for developing urban renewal projects across core districts of Hong Kong, with key focus on Grade A Commercial and Luxury Residential Projects. The Group vows to accommodate the needs of a diverse market and dynamic social policies, while maintaining a good balance between profitability, responsibility and sustainability.

LOFTER-Care Community Program

LOFTER-Care Community Program is funded by LOFTER GROUP, sharing the value of “LOFTER Cares ALL”. It mainly provides support to charitable activities in HKSAR. The program strives to keep abreast of the needs of the community and flexibly provides various resources to the needy, aiming to bring positive changes to the world and build a sustainable future for the city.

The Hub Hong Kong

The Hub Hong Kong is a registered charity established in 2013 to give children in our society who are experiencing difficult circumstances equal opportunities to become valuable members in the community. We offer a safe space in Sham Shui Po where underprivileged children aged 6-18 can learn, develop, and grow up healthily as all children should. We empower them with education programs, extracurricular activities, health and wellness, and personal counseling. We also help strengthen family bonding with parenting support. To date, we serve over 2,200 members annually, and children benefit from improved academic performance, well-being, and better family relationships.

Vientiane Capital Anticipates Surge in Tourists for Lao New Year

Lao New Year celebration in Vientiane Capital in 2019. (Photo : Hope Vision Photography).

Vientiane Capital is gearing up for an increase in tourist numbers this year as it prepares to host various activities during the three-day Lao New Year festival.

LOCA Celebrates Electrifying Milestone: 115 EV Taxis, 440,000 KM Served

LOCA Celebrates Electrifying Milestone: 115 EV Taxis, 440,000 KM Served, Paired With Ambitious Growth Plan!
LOCA's fleet of electric vehicles (EVs) in front of That Luang. ( Photo : LOCA )

LOCA, a leading provider of eco-friendly transportation, proudly announces the expansion of its electric taxi fleet to 115 vehicles. Since the pilot program launch in September 2021 and the full-fledged transition program initiation in May 2022, LOCA has served customers a total of 440,000 km using its environmentally friendly electric taxis.

Technical Consultation Held for Lao 5th Population and Housing Census 2025

Technical Consultation on the Draft Questionnaire for Lao 5th Population and Housing Census 2025
Ms. Phonesaly Souksavath (center) and Ms. Mariam A. Khan (left) attend a meeting to discuss the 2025 Population and Housing Census.

On Sunday, the Lao Statistics Bureau (LSB), Ministry of Planning and Investment, and United Nations Population Fund (UNFPA), in collaboration with the United States Agency for International Development (USAID), organized a technical consultation on the draft questionnaire of the country’s 5th Population and Housing Census 2025.

EcoFlow Launches the DELTA 2 and RIVER 2 Series in the Philippines

Four new portable power stations make grab-and-go power easy with industry-leading charging speeds in a compact form.

MANILA, PHILIPPINES – Media OutReach – 4 April 2023 – EcoFlow, a portable power and eco-friendly energy solutions company, has launched four portable power stations – the DELTA 2 and RIVER 2 series in Philippines, providing reliable energy for on-the-go lifestyles and emergency home backup.

Equipped with high-capacity lithium-ion batteries, DELTA 2 and RIVER 2 Series can last up to 3000 full charge cycles before hitting 80% capacity. With the industry’s fastest charging speed of under two hours and compatibility with EcoFlow’s Portable Solar Panels, users can be prepared for outdoor recreation or power outages caused by natural disasters, such as typhoons, earthquakes, floods, etc. Weighing from 3.5kg (RIVER 2) to 12kg (DELTA 2), they are all lightweight and easy to transport wherever needed.

DELTA 2, Not Just a Battery

With an expandable 1-3kWh capacity and a total output of 1800W (2400W with X-Boost mode), the DELTA 2 can power essential appliances such as fridges, TVs, and air conditioners. With the feature to recharge to 80% in just 50 minutes, DELTA 2’s industry-leading recharging speed allows flexibility for everything from sudden blackouts to last-minute camping trips and professional work.

RIVER 2 Series, Power Has Never Been This Easy

The RIVER 2 Series provides the best-in-class entry-level solution, with its fast recharging speeds and ultra-long product lifetime. The standard RIVER 2 model can recharge from 0-100% in just 60 minutes, helping users to power spontaneous day trips and get-togethers, even when plans are made at the last minute.

Availability

With a product lifetime six times the industry average and prices starting from ₱19,290 for the RIVER 2 and ₱63,190 for the DELTA 2, EcoFlow portable power stations offer a new level of long-term value. The DELTA 2 and RIVER 2 Series are now available on Lazada and Shopee.

Hashtag: #EcoFlow

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

EcoFlow

EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, EcoFlow has empowered more than 2 million users in over 100 markets worldwide.

Glints Forecasts Increased Demand from Hong Kong Employers for Skilled Southeast Asia Tech Talent

With a talent shortage, Hong Kong-based employers are becoming flexible and adaptable in building high-performing teams in markets like Indonesia, Vietnam, and the Philippines

HONG KONG SAR – Media OutReach – 4 April 2023 – The Southeast Asia Startup (SEA) Talent Report 2023 released today by Glints, the leading talent platform and recruitment service in Southeast Asia, and Monk’s Hill Ventures (MHV), unveils the latest data and insights regarding recruitment trends and the talent landscape in Southeast Asian markets, including Indonesia, Malaysia, Singapore, Vietnam, and the Philippines.

Hong Kong-based employers can take insights from the report to understand more about improving cost-effectiveness by hiring skilled tech professionals from markets across Southeast Asia.

Increasing Demand from Hong Kong-based Employers for SEA Talent

Hong Kong-based employers are currently faced with a talent shortage and a brain drain, particularly within the market’s burgeoning tech sector. In addition, the government recently announced its plan to “trawl for talent” globally to attract talent back to Hong Kong. As a result, Glints is forecasting an increased demand from employers for skilled Southeast Asia tech talent.

“We are seeing an increasing demand from Hong Kong-based employers for talent from Southeast Asia. These employers are becoming more adaptable in building high-performing teams by hiring skilled talent from markets like Indonesia and Vietnam. By expanding their search beyond a hypercompetitive and costly local market, these employers can tap into a deep pool of skilled tech and tech-adjacent talent in a cost-efficient way,” said Puay Lim Yeo, Managing Director of Glints.

Glints conducted salary research in Hong Kong compared to various markets in Southeast Asia and found cost advantages to hiring skilled tech and tech-adjacent talent in Southeast Asia. for tech and tech-adjacent roles.

The findings include:

  • Median salaries for tech roles such as engineering, product and data are 2.5 times higher in Hong Kong than in Southeast Asia.
  • Median salaries for business development roles are 3 times higher in Hong Kong compared to Indonesia, Vietnam, and the Philippines.
  • Median salaries for senior software engineers with 5-10 years of experience are 3 times higher in Hong Kong compared to Indonesia and the Philippines and 1.8 times higher than in Vietnam. (The median salary for Hong Kong software engineers is US$67,560 annually compared to US$36,870 for Vietnam and US$22,150 for Indonesia.)
  • Median salaries for product manager roles are 2-3 times higher in Hong Kong than in Indonesia, Vietnam, and the Philippines. The median salary for a Hong Kong product manager is US$59,120 annually compared to US$33,000 for Vietnam and US$14,040 for Indonesia.

Southeast Asia Tech Talent Pool Grows

Glints’ latest report, “The Southeast Asia Startup Talent Report 2023“, identifies hiring trends, salary, and equity data for startup talent from over 10,000 data points and in-depth interviews with founders across Singapore, Indonesia, and Vietnam. The report provides local insight for Hong Kong companies considering hiring talent from beyond the city’s borders:

  • Return of the “SEA turtles”: A growing number of tech engineers trained in the United States are returning home and developing an engineering-centric culture in their home countries. These engineers, who have honed their skills in places like Silicon Valley, know how to build systems at scale and have what it takes to build a product-led company. This trend is emerging in Vietnam, where talent is returning from other sectors in addition to banking and finance.
  • Salary expectations will stabilize across SEA: Historically, there are cost advantages for Hong Kong-based employers hiring for Southeast Asia tech talent. In addition to that, the report finds that salary expectations for talent to become more manageable in 2023 compared to previous years, where there was more competition for talent and higher salary inflation. The growth rate will be much lower than in previous years for tech salaries, from upwards of 30% to 10-20% per annum.
  • Potential arbitrage opportunities from emerging Southeast Asia markets: There are opportunities to source strong senior tech talent in Southeast Asia. For example, the report finds that the quality of engineers in the Philippines is not much different from other markets and can be highly economical to hire and scale this talent. Engineering talent in markets like Indonesia and Vietnam can be 3 times lower than in more mature markets.

“One of the key challenges in scaling our edtech startup was finding strong tech talent locally that is also cost-effective. It was also a time-consuming process. We decided to partner with Glints and expand our search to Southeast Asia. We successfully hired two remote engineers in Malaysia to accelerate our growth,” said Andy Ng, founder, and CEO of Tutor Circle, a Hong-Kong based tutoring matching platform.

The report can be downloaded here.

Hashtag: #Glints

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

About Glints

Glints is the leading talent ecosystem in Southeast Asia. Our mission is to enable the 120 million professionals in the region to grow their careers and empower organizations to hire the right talent from anywhere in Southeast Asia. Officially launched in 2015 in Singapore, Glints has empowered more than 3 million talent and 50,000 organizations to realize their human potential. Today, we stand at the forefront of human capital empowerment as the fastest-growing startup in the career development and talent recruitment space. Glints currently operates in Indonesia, Malaysia, Singapore, Vietnam, the Philippines, and Taiwan. For more, visit .

About Monk’s Hill Ventures

Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, Monk’s Hill Ventures (‘MHV’) is a venture capital firm investing in early-stage technology companies, primarily pre-Series A and Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region. For more, visit .

HDBank outstanding loans to property sector, corporate bond holdings among industry lowest

HO CHI MINH CITY, VIETNAM – Media OutReach – 4 April 2023 – The Ho Chi Minh City Development Joint Stock Commercial Bank has announced its 2022 results audited by PwC, which shows profit before tax of nearly VNĐ10.27 trillion (US$437.18 million), its highest ever and up 27.2 per cent from the previous year and 105 per cent of the target approved by shareholders.

The non-performing loans (NPL) ratio was low, while operational safety indicators were among the best in the industry.

The operating income for the year topped VNĐ22 trillion ($936.39 million), up 31.1 per cent.

Its credit, services, card, and digital banking businesses all saw high growth. The total number of credit cards it issued quadrupled while their transaction value nearly tripled, and the number of e-banking transactions doubled with their value growing by six times to VNĐ761 trillion ($$32.39 million).

The return on equity and return on assets were 23.5 per cent and 2.1 per cent, both higher than last year.

The bank’s standalone NPL ratio was only 1.3 per cent while the consolidated rate was 1.67 per cent, lower levels compared to industry average thanks to its selective credit policies and effective risk management.

Its capital adequacy ratio (stipulated under Basel II) was 13.4 per cent, among the highest in the sector.

As of December 31 last year, its total consolidated assets were worth nearly VNĐ416.3 trillion ($17.74 million), 11.1 per cent up from 12 months earlier.

Outstanding loans topped VNĐ268 trillion ($11.41 billion), up 25.6 per cent. HDBank’s lending portfolio focuses on priority sectors and those that are key contributors to economic growth such as agriculture and rural development, SMEs, supply and distribution chains, green financing, and small business households.

HDBank owns only VNĐ4.3 trillion ($183.19 million) worth of corporate bonds, equivalent to just 1.6 per cent of total outstanding loans.

The bonds all have mortgaged assets backing them and have been paid on time and fully. HDBank also has a low real estate loan rate of 7.9 per cent of total outstanding loans.

As of last year, HDBank had 347 branches and transaction offices and nearly 24,500 financial transaction points, and 16,326 employees, excluding around 2,000 security guards, with average earnings of VNĐ26.7 million a month, 37.6 per cent higher than a year earlier.

The total remuneration for directors decreased to VNĐ8.4 billion from VNĐ10.9 billion as took voluntary cuts or used their remuneration for social activities.

Last year, HDBank received 24 prestigious awards and titles from domestic and international organisations, including the Top 5 Most Prestigious Banks in Việt Nam from Vietnam Report and Top 50 Listed Companies from Forbes magazine. Forbes also named HDBank among the top financial institutions in Việt Nam.

In addition, the bank received the Certificate of Merit of the Prime Minister, the Emulation Flag of the State Bank of Vietnam, the Certificate of Merit of the HCM City People’s Committee for its contributions to the State budget.

Despite market fluctuations, such positive business results once again affirmed HDBank’s ability to maintain high growth in what was a pivotal year with its new development strategy in terms of both scale and quality in the 2021-25 period.Hashtag: #HDBank

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