Reinventing Cantonese Culinary Classics and Cultural Heritage

HONG KONG SAR – Media OutReach Newswire – 5 December 2024 – Yung’s Bistro has officially opened its second restaurant in Taikoo Place. Building on 82 years of culinary expertise from its parent company “Yung Kee Restaurant”, the brand celebrates authentic Cantonese cuisine through its philosophy of “Taste of Art, Made with Heart”. The restaurant offers traditional Cantonese dishes with contemporary flair. The new location is a significant milestone, where the brand incorporates modern design elements and sustainability concepts to create a dining space that perfectly balances traditional charm and modern sophistication.

Harmonizing Nature with Urban Life

The new Yung’s Bistro sits in the open space at Taikoo Piazza at Taikoo Place, Taikoo Square, Taikoo Garden and the open space at Taikoo Piazza offer more than 70,000 sq ft of green area. This redeveloped green space embraces nature-centric design, enhancing biodiversity and connecting the community with the natural environment. As a dynamic business hub, Taikoo Place skillfully blends modern urban amenities with green spaces, striking an ideal balance between work and leisure. The area features native vegetation, water features, and open spaces designed for community use and urban ecology, allowing visitors to experience Hong Kong’s bustling business world while enjoying moments of natural tranquility.

Yung’s Bistro recognizes urban professionals’ desire for quality living and has created a new location that perfectly aligns with sustainability principles and Taikoo Place’s green design. This philosophy is reflected in the restaurant’s interior, where diners can enjoy gourmet, leisure, and nature at the same time.

A Dialogue Between Classic and Contemporary

The new location’s interior design was helmed once again by the Lim + Lu design team. The 2,500-square-foot interior space and nearly 1,000-square-foot outdoor terrace has been transformed into a serene dining sanctuary with contemporary design aesthetics.

The restaurant boldly features “vermilion,” one of the twelve traditional Chinese colors, as its primary tone. This distinctive reddish-yellow hue creates a subtle earthy texture throughout the space, establishing a vintage, subtle luxury atmosphere that gleams of liveliness and joyfulness. The signature brick wall design, inspired by Yung Kee, is reimagined through contrasting tones, honoring its heritage while asserting the young brand’s unique identity. The three-dimensional handcrafted bricks create rich visual textures and depth.

Upon entering, guests are greeted by two striking hand-painted murals. These works blend playful charm with traditional Chinese artistic elements. The lifelike figures are inspired by Black Maine Chinese Goose, referencing Yung Kee’s iconic goose pond and “Lanting Court” private dining room. The design incorporates elements from Wang Xizhi’s famous “Winding Stream Party,” depicting serene pavilion scenes. The charming geese appear to frolic in nature, leisurely enjoying tea from cloisonné teaware. Both murals, personally created by Lala Curio’s founder Laura Cheung Wolf, add vibrancy and whimsy to the restaurant while celebrating cultural heritage.

The designers have maximized the VIP area’s limited space to cleverly create three private rooms with sage green leather panels. These rooms can be combined into one spacious dining area for events and gatherings, maintaining design cohesion while enhancing the space’s aesthetic appeal.

The lounge area, situated in front of the central bar, features floor-to-ceiling windows. Here, guests can relax on comfortable sofas and armchairs and enjoying drinks while basking in natural daylight—creating an inviting dining and social atmosphere.

At the bar’s far end lies an intimate and secluded photo spot. The two overlapping semi-circular booths sits in front of another lively hand-painted mural, where playful geese appear to wander through different corners of the interior. This creates a relaxed, joyful atmosphere that perfectly suits Taikoo Place’s young professional community, ideal for both quick breaks and social gatherings.

Outside, guests will be whisked into Yung’s Bistro’s nearly 1,000-square-foot terrace. The spacious outdoor dining area, where pets are also welcomed is perfect for both events and after-work relaxation and embodied true work-life balance.

Leading Sustainable Development in the Food & Beverage Industry

Yung’s Bistro’s new Taikoo Place location demonstrates strong environmental commitment through both design and operations. The restaurant showcases its sustainability philosophy through various eco-friendly materials, including innovative seating from Kanso Design—a company recently honored with the 2024 DFA Design for Asia Awards for its outstanding design concepts.

Yung’s Bistro is the first restaurant worldwide to feature Kanso Design’s latest black and white interwoven collection. These chairs, crafted by Japanese designer Sakura Adachi, combine stylish aesthetics with environmental consciousness—their fabric is woven from 100% recycled ocean plastic fibers, representing a perfect blend of fashion and sustainability.

From planning to completion, the restaurant has adhered to rigorous sustainability standards, becoming the first local Chinese restaurant to receive the highest “Three Leaf” in Taikoo Place’s “Green Kitchen” programme. The restaurant also put a significant amount of resources and effort in waste reduction, plastic reduction, and carbon reduction, and is currently pursuing BEAM Plus certification.

Yvonne Kam, third-generation leader of Yung Kee, explains “Opening Yung’s Bistro at Taikoo Place marks not only a significant milestone in our brand’s development, but also an advancement of our sustainable dining vision. We understand the importance of corporate social responsibility, which is why we’ve incorporated numerous eco-friendly elements into the new location’s design, demonstrating our commitment to sustainable development.”

To further embrace sustainability, Yung’s Bistro has partnered with renowned local fashion designer Dorian Ho for an innovative upcycling project. Apart from designing staff uniforms, Ho has transformed unused tablecloths into stylish eco-bags to be gifted to guests for the opening.

Yvonne adds “Yung Kee has always championed ‘Made in Hong Kong.’ We’re thrilled to collaborate with local talents across different sectors to contribute to Hong Kong’s sustainable development. Through Yung’s Bistro, we hope to inspire customers to explore and appreciate Cantonese cuisine in a new light, promoting authentic flavors and Hong Kong’s unique food culture.”

A Culinary Symphony of Tradition and Modernity

Yung’s Bistro’s Taikoo Place location offers a feast for both eyes and palate. The team extends the brand’s core philosophy through four key pillars: modern interpretations of classics, nostalgic favorites, childhood-inspired creations, and refined home-style dishes. The team meticulously selected several original and signature dishes of “Twelve Exclusive Delights” to offer in Taikoo Place branch, also specially created three exclusive delicacies, showcasing the essences of Cantonese cuisine in multiple perspectives.

The Deep-fried Shrimp Ball with Fermented Bean Curd (HK$260) made with Yung Kee’s famous 1.5-month-aged fermented bean curd sourced from a supplier that insists on making it the old-fashioned way, the kitchen stuffs the savoury “Chinese cheese” into shrimp balls before deep-frying them is a must-try. Once cooked, the shrimp balls have a wonderfully crispy exterior with a delicious interior that oozes like melted cheese. The Deep-fried Cod with Diced Salted Fish, Crispy Garlic and Chili in Special Sauce (HK$380) reimagines a traditional dish by combining typhoon shelter-style cod fish with salted fish’s umami notes, accompanied by yuzu juice, adding playful elements to this classic combination.

Nostalgic favorites include Steamed Egg White, Mini Crab Roe with Rice (HK$150 ) a classic dish that is laboriously made by hand-picking the crab roe from around 10 mini crabs that are prized for its strong umami flavour and delicate texture.Steamed Beef Patties and Stir-fried Sliced Beef with Premium Aged Tangerine Peel ($300) is a must-try, allowing guests to enjoy beef prepared in two different styles with the addition of a classic Cantonese ingredient, aged tangerine peel, in this case, 25-year-old peel sourced exclusively from Xinhui, where tangerine trees have been grown and the method for drying and preserving the peel perfected for over 800 years..

The childhood-inspired dishes include the Roasted Whole Goose Leg with Charcoal Stove (HK$360), served tableside with a charcoal brazier to preserve its chargrill aroma. This presentation not only recalls the tradition of gifting goose legs during festivals , but also evokes cherished memories. Among the home-style selections, the Homestyle Braised Pork with Preserved Vegetables in Soy Sauce (HK$320) features local Hong Kong Berkshire pork, prepared using traditional methods to highlight both the meat’s succulence and the preserved vegetable’s natural sweetness. The Smoked Baby Chicken (HK$660) uses organic free-range Qingyuan chicken, prepared using secret family recipe and smoked before being hand-pulled, preserving the bird’s tenderness and natural juices.

One of the three new specialty dishes created for the new restaurant is Lily on Fire (HK$180). The clear broth is made by a whole nine-year-old lily bulb, which may seem simple but is actually prepared through a complex stewing process. The nourishing soup has a sweet and pure taste without any impurities. The Steamed Rice with Cured Meat, Sakura Shrimp and Spring Onion (HK$220), is an elevated interpretation of traditional claypot rice, cooked to order. This dish features select pearl rice perfectly paired with house-made cured meat, allowing the cured meat’s rich oil to permeate through each grain. Fresh scallions provide both visual appeal and aromatic balance to complement the cured meat’s richness.

The dessert menu features the Cubes of Joy (HK$58), a creative tribute to Taikoo Place’s heritage. The site of Taikoo Place was home to the Taikoo Sugar Refinery in the late 19th century, one of Hong Kong’s earliest industrial areas. The key element of this innovative dessert is sugarcane juice, offering not only a delightful taste but also celebrating the area’s transformation from an industrial center to a modern commercial hub.

To accommodate the business district’s needs, the restaurant offers weekly rotating business lunch sets. Dim sum selections are available throughout the day, with an expanded weekend menu providing comprehensive yum cha options for patrons.

The bar continues to serve popular cocktails from the Tsim Sha Tsui location. Keeping with the brand’s commitment to sustainability, the wine list features selections from biodynamic wineries, offering both environmental consciousness and exceptional quality.

Embracing innovation, the contemporary matcha brand Matchali develops a unique green tea-based cocktail for this new location. Named “Y Matcha,” this creation draws inspiration from Matchali’s popular strawberry matcha latte, combining fresh strawberries, premium rum, and bright citrus notes, topped with a cold-brew milk foam infused with Matchali’s signature matcha powder.

The opening of Yung’s Bistro at Taikoo Place represents a significant milestone for the brand. Here, guests can experience Cantonese cuisine that honors tradition while embracing innovation, in a setting that celebrates both environmental consciousness and artistic design. Whether hosting business gatherings or enjoying casual meals, Yung’s Bistro’s new location offers a distinctive dining experience.

The Yung Kee brand will continue its journey of innovation, with more exciting projects planned for Hong Kong’s dining scene.

Location and Information

Address: Shop 1-2, G/F, Dorset House, 979 King’s Road, Quarry Bay, Taikoo Place

Parking: The Taikoo Place area offers over 1,600 parking spaces. Eligible customers enjoy 3 hours of complimentary parking.

Reservations and Enquiries: +852 2523 3123

Social Media:
Follow Yung’s Bistro for the latest updates:

• Facebook: https://www.facebook.com/YungsBistro/
• Instagram: https://www.instagram.com/yungsbistro/

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Hashtag: #Yung’sBistro #YungKeeRestaurant #TaikooPlace

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About Yung’s Bistro

As the first contemporary brand from the renowned Hong Kong establishment Yung Kee Restaurant, Yung’s Bistro embodies the philosophy of ” Taste of Art, Made with Heart “. The brand is dedicated to innovation while preserving classics, maintaining the authentic essence of traditional Cantonese cuisine and Hong Kong’s unique food culture while presenting them through a contemporary lens.

• VYTAL Global acquires certain assets and team members from TURN to drive tech-enabled reuse solutions
• VYTAL Global expands to the U.S. with the launch of VYTAL US Inc. Germany-based digital reuse platform that continues global growth by acquiring certain key assets and team members from TURN, the leading U.S.-based reuse company, providing tech-enabled reuse solutions to events and venue customers.

COLOGNE, GERMANY – Newsaktuell – 5 December 2024 – VYTAL Global GmbH, the Germany-based digital reuse platform, is thrilled to announce the founding of its U.S.-based subsidiary, VYTAL US Inc. This strategic expansion marks a major step forward in Vytal’s mission to create a global tech platform that enables reuse in all food service settings, from large-scale festivals, sports and entertainment venues to campuses, corporate offices and quick-service restaurants.

VYTAL US has acquired certain assets of TURN, a U.S.-based reuse company, and is assuming services for a selected group of TURN’s former clients, primarily operators of large festivals and venues, including some of TURN’s operations in Australia and New Zealand. Additionally, key members of the TURN team will join VYTAL US, ensuring a seamless transition and continuity of service for those clients. This move allows Vytal to enhance its existing expertise with TURN’s proven consumer engagement strategies while bringing its advanced tracking technology and market-leading operational efficiency to the U.S. market.

A Strategic Leap Forward

“From the start, Vytal’s ambition is to solve the single-use packaging waste crisis on a global scale,” says Dr. Tim Breker, Co-Founder & Managing Director of VYTAL Global GmbH. “Europe, particularly Germany, has long been a leader in reuse. We believe we have a clear competitive advantage to build the most advanced reuse solutions for our clients. By expanding into the U.S., we’re leveraging our sophisticated tech platform, as well as years of operational experience, to deliver high-value reuse solutions. Scaling reuse in Europe is mostly about efficiency and convenience. In the U.S. reuse has a major third growth driver: consumer engagement. Mastering this triad in the most exciting consumer market of the world will further cement Vytal’s leadership of the global reuse movement.”

A globally relevant reuse champion

Following a record-breaking 2024 serving over 160 events and over 7,000 clients across 17 countries – including high-profile clients like key sites during the Olympics 2024 and several EURO 2024 fan zones across three major cities – VYTAL is well-positioned to replicate this success in the U.S.

Leveraging Innovative Technology to Scale Reuse

At the heart of Vytal’s success is its cutting-edge technology, which covers the full value chain from logistics and tracking to POS integration and consumer engagement. These innovations make reuse easier, more efficient, and economically beneficial for operators, consumers and brands. The acquired expertise in digital consumer rewards and engagement complements Vytal’s existing technology platform, creating an even stronger value proposition for operators looking to incentivize reuse and enhance customer satisfaction. Vytal’s ability to deliver these innovations at scale promises to unlock immense potential in the U.S. market.

Setting a New Standard in Washing Systems

Understanding the importance of modern, efficient washing infrastructure, Vytal is investing in a washing facility in Atlanta, Georgia that aims to be the most advanced washing system in the U.S. This state-of-the-art facility will not only optimize the cleaning and handling of reusable packaging but also set a new industry benchmark for operational efficiency, hygiene, and sustainability.

Welcoming New Talent Across the Atlantic

Vytal is especially excited to welcome some experienced members of the former TURN team. Their deep knowledge of the U.S. market and expertise in tech-enabled reuse will be invaluable in delivering outstanding service to existing and future customers of VYTAL US, significantly growing the U.S. reuse business.

Accelerating growth in 2025

With access to new markets, pioneering technologies, and top talent, Vytal is ready to lead the worldwide reuse movement into 2025. Through its data-driven approach, Vytal maximizes economic benefits for all stakeholders, creating a world where reuse becomes the new normal.
Hashtag: #VYTALGlobal #VYTALUSInc

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

About VYTAL Global GmbH

VYTAL Global is revolutionizing the packaging industry by eliminating single-use packaging through advanced reusable solutions. Utilizing cutting-edge software and data analytics, VYTAL delivers cost-effective, sustainable packaging options that benefit businesses and the environment. Internationally recognized by the Harvard Business Review for its pioneering data model, Vytal is at the forefront of the global transition to a circular economy. With a network of over 7,000 partners across 22 countries, the company is leading the charge in reducing disposable packaging waste.

Vytal established a dedicated subsidiary to expand its impact to bring reusable solutions to the events and entertainment industry. This initiative reflects Vytal’s commitment to sustainability by addressing the unique demands of large-scale events and venues.

United under a shared vision, VYTAL Global is transforming packaging systems worldwide, offering innovative, eco-friendly alternatives to create a more sustainable future.

About VYTAL US Inc.

VYTAL US Inc., the wholly owned U.S. subsidiary of VYTAL Global, delivers advanced reuse solutions for large-scale events, sports venues, corporate campuses, and quick-service restaurants in the U.S. As of Q2 2025, VYTAL US will operate the country’s most advanced washing facility in Atlanta, Georgia, ensuring top-tier hygiene, efficiency, and sustainability. By partnering with the most progressive companies from the Food & Beverage Industry, VYTAL US aims to make reuse the new normal for campuses and venues in the U.S., creating solutions that benefit businesses, consumers, and the environment.

• Marking a year of connecting semi-skilled job seekers and businesses, the platform has become an essential hiring partner in Singapore’s high-demand industries.
• Aligned with MOM’s emphasis on labour market resilience, Jobstreet Express supports businesses in overcoming barriers like unattractive pay and demanding work conditions, directly tackling hard-to-fill jobs in Singapore.

SINGAPORE – Media OutReach Newswire – 5 December 2024 – Jobstreet Express, part of Jobstreet by SEEK, marks its first anniversary as a trusted partner for job seekers and employers. While Jobstreet by SEEK in Singapore, empowers the career journeys of countless Singaporeans by being a trusted partner rooted in insights, powered by innovative technology and driven by passionate experts, Jobstreet Express focuses on semi-skilled roles, catering to students, active workers and seniors. Over the past year, the platform has made significant strides in addressing hiring challenges for non-executive roles, streamlining the recruitment process with verified job ads and verified candidates, and empowering businesses to meet workforce demands efficiently.

In 2024, the hiring market for semi-skilled roles faced persistent challenges. According to the statistics from the Ministry of Manpower, roles such as waiters, cleaners, and customer service often remain unfilled for over six months. Key barriers included physically demanding conditions, unattractive pay, unfavourable work schedules, and unappealing work environments. These trends emphasise the growing difficulties for semi-skilled jobseekers balancing rising personal expenses and employment hurdles. Jobstreet Express have stepped in to address these gaps by matching candidates with suitable opportunities based on their interests, experience, and job requirements, while enabling businesses to recruit swiftly to meet urgent demands.

Between Q1 and Q3 of 2024, the platform experienced more than tripled growth in retail industry job postings, reflecting the fast turnover and high demand for semi-skilled roles. This growth aligns with broader market trends, such as increased hiring activity in response to labor shortages and shifting consumer behaviors. While new client acquisitions contributed to this increase, the growth also underscores the platform’s role in meeting the industry’s urgent workforce needs. The surge in activity points to Jobstreet Express becoming a trusted go-to solution for businesses struggling to fill positions critical to their operations.

In addition, Jobstreet Express highlights the top 5 most applied-for roles and the top 5 most in-demand positions on its platform.

	Top 5 Most Applied-For Roles	Top 5 Most In-Demand Positions
1	Admin Clerk	Admin Clerk
2	Warehouse Assistant	Sales Promoter
3	Sales Promoter	General Worker
4	Service Crew	Technician
5	Facilities Maintenance Technician	Service Crew

*Data is based on Jobstreet Express’s platform

“As the backbone of many industries, semi-skilled roles are pivotal to Singapore’s economy, yet they remain one of the most underserved segments in hiring,” said Juairi Jaafar, General Manager, Jobstreet Express Singapore. “In our first year, we’ve connected businesses and job seekers with unmatched efficiency, and we remain dedicated to supporting these vital industries with innovative solutions.”

Looking ahead to 2025, Jobstreet Express foresees significant transformations in the labour market driven by several key factors. Advancements in technology will continue to reshape skill requirements, making digital literacy and adaptability critical for job seekers across industries. As businesses adapt to an ever-changing economic landscape, agility in hiring and workforce planning will become essential to staying competitive. Furthermore, ongoing government initiatives to support lower-wage workers will likely create more opportunities for upskilling and career advancement, contributing to a more inclusive and resilient workforce.

“At Jobstreet Express, we are committed to being at the forefront of these changes, equipping employers and job seekers with unique tools and actionable insights needed to navigate this evolving market successfully. With a commitment to innovation, Jobstreet Express is positioned as a leader in talent solutions for semi-skilled roles. As it celebrates its first-year milestone, the platform remains focused on transforming the hiring experience and supporting Singapore’s workforce in navigating a dynamic job market for 2025 and beyond,” Juairi Jaafar said.

In its first year, Jobstreet Express has emerged as a transformative platform for semi-skilled hiring in Singapore, addressing workforce challenges with innovation and efficiency. Its mobile-first approach, featuring advanced tools like video screening, empowers recruiters to quickly identify and evaluate verified candidates, saving time while gaining valuable insights into their skills and motivations. To learn more, visit https://sg.jobstreetexpress.com or download the app on Google Play Store or the App Store.

Hashtag: #jobstreet

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

About Jobstreet Express

Jobstreet Express is an online employment platform designed to simplify the job-matching process for semi-skilled segments. As part of Jobstreet by SEEK, the leading online employment marketplace in Singapore, Jobstreet Express enables candidates to instantly apply for part-time, temporary and full-time positions in sectors like hospitality, retail, customer service and logistics, with quick responses from employers. To learn more, visit https://sg.jobstreetexpress.com or download the app on Google Play Store or the App Store.

About SEEK

SEEK operates market-leading online employment marketplaces, including Jobstreet and Jobsdb. SEEK’s purpose is to help people live more fulfilling and productive working lives and help organisations succeed. Listed on the Australian Securities Exchange (ASX: SEK), SEEK has a multinational presence that is focused on Australia, New Zealand, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand.

HONG KONG SAR – Media OutReach Newswire – 5 December 2024 – Hong Kong’s economic outlook and business confidence are set to further improve in 2025, CPA Australia’s latest survey shows. With more than half of respondents predicting their company’s revenue will grow in 2025, companies are becoming more aggressive in their expansion plans and hiring intentions are the highest since 2020.

Surveyed executives and accounting professionals show a relatively optimistic outlook for Hong Kong’s economy, with 63 per cent anticipating the local economy will grow next year. Hong Kong’s tax system (31 per cent) ranks as the largest positive contributor to the city’s economic and business environment in 2025, while changes in consumer patterns (26 per cent) and tension in US-China relations (26 per cent) are seen to be the two biggest challenges. 56 per cent of respondents rated Hong Kong’s international competitiveness as high.

Mr. Cliff Ip, CPA Australia 2024 Divisional President of Greater China, said, “The survey findings reflect that Hong Kong’s economy and business confidence are expected to steadily improve in the coming year. Recent stimulus measures unveiled by the central government and the Hong Kong government have contributed to this improved sentiment. The start of the rate-cutting cycle has also boosted business confidence. These positive factors should keep this momentum going into 2025 and strengthen Hong Kong’s international competitiveness.

“However, external uncertainties still weigh on some sectors such as tourism and retail. Respondents indicate that changing customer behaviour and weak customer demand are some of the key challenges they expect to face in 2025. In response, companies must keep innovating their products and services, and how they deliver them. They also need to frequently engage with customers and potential customers to better understand trends both in Hong Kong and elsewhere.”

The outlook for initial public offerings (IPOs) in the city is also optimistic. Some 63 per cent of respondents expect the value of funds raised in Hong Kong through IPOs to increase in 2025. “IPO activity in Hong Kong has shown signs of recovery since Q3 due to some mega-sized IPOs. Policies and regulatory reforms are stimulating capital activities and boosting investor confidence,” Ip explained.

The improving economic sentiment is flowing through to revenue projections and business expansion plans in 2025. 51 per cent of respondents predict their company’s revenue will grow next year, with an increase in revenue of between 5 to 20 per cent being the most popular prediction.

In response to this improving business environment, respondents are most likely to forecast that their company will increase their investment in advanced technologies (38 per cent), sales and marketing (37 per cent) and expansion outside of Hong Kong (36 per cent). A notably high proportion of respondents to this survey stated that their company has expansions plan in the next three years at home or abroad, with mainland China (40 per cent) again nominated as the most popular destination.

Though cost management remains the top strategic focus for many companies, the percentage choosing it has dropped from 39 per cent in 2024 to 27 per cent in 2025. While slightly more are expected to focus on market expansion activities (27 per cent) and innovation and digitalisation (26 per cent).

Ip stated, “The more positive business environment is being reflected in an expected shift in corporate strategy away from defensive strategies such as cost management and improving business efficiency towards more expansionary strategies such as market expansion and innovation.”

To support growing revenue and expansion plans, companies are keen to add more employees and increase salary to retain talent. 57 of per cent respondents expect that their companies to increase headcount, the highest new hiring intention since 2020. These new hiring intentions are strongest amongst larger companies. Salaries are expected to grow, with 62 per cent expecting to receive a salary increase in 2025.

While the economy looks to be on a positive trajectory, predictions for price changes in the property market in 2025 are uncertain, with similar numbers of respondents expecting prices to increase and decrease, however more respondents expect prices to increase than the previous two years.

Ip explained, “The city’s property market is recovering, with demand gradually growing. This is due to recent interest rate cuts and changes in government policies such as the relaxation of restrictive measures in the housing market. However, with sectors such as SMEs undergoing a relatively slower recovery due to the weak domestic demand, this is leading to stagnation in the rental market.”

The survey data shows nearly all Hong Kong companies have introduced at least some ESG measures into their operations, with only three per cent stating they have not taken any ESG actions. Another 35 per cent expect their company to increase their ESG-related initiatives and activities next year. Respondents were most likely to nominate compliance and increasing compliance costs as the biggest impact ESG is having on their business.

CPA Australia collected 568 responses from Hong Kong-based executives, accounting and finance professionals working in various industries in October and November for this Hong Kong Economic and Business Sentiment Survey 2025.
Hashtag: #CPAAustraliaHongKong #2025HongKongBusinessOutlook #Forecast #Advocacy #ThoughtLeadership #Accounting

https://www.cpaaustralia.com.au/
https://www.linkedin.com/school/cpaaustralia/

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

CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 173,000 members in over 100 countries and regions, including more than 22,500 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

HONG KONG SAR – Media OutReach Newswire – 5 December 2024 –

Register for FREE Buyer Badge: https://tinyurl.com/3wpf8hr2

Organised by the Hong Kong Trade Development Council (HKTDC), the 51^st Hong Kong Toys & Games Fair, the 16^th Hong Kong Baby Products Fair and the 23^rd Hong Kong International Stationery & School Supplies Fair (jointly organised with Messe Frankfurt (HK) Ltd) will be held from 6–9 January 2025 at the Hong Kong Convention and Exhibition Centre. The three concurrent fairs – themed New Play for All – are expected to welcome more than 2,500 global exhibitors, showcasing a diverse selection of smart toys, quality baby products and innovative stationery for all ages. In 2024, the fairs attracted some 83,000 buyers from 135 countries and regions.

Wide range of exhibits at Asia’s flagship toys fair

In the coming edition, Mainland China, Taiwan, Korea, and ‘World of Toys’ pavilion which features mainly European exhibits, will once again set up pavilions, showcasing the latest toys and games from around the world. To promote Hong Kong’s creative industries and branded toys to the world, Hong Kong Brand Toy Association (HKBTA) pavilion will return at the toys fair. Furthermore, ESG pavilion which aims to enhance Hong Kong toy industry players’ awareness and knowledge of Environment, Social and Governance (ESG) will be launched for the first time at the toys fair.

A fair highlight, the Brand Name Gallery will feature innovative products by about 340 renowned brands, including AURORA, Eastcolight, Hape, Masterkkidz, Rastar, Welly and more. Other highlights include the Smart-Tech Toys and Games zone, which showcases a wide array of tech-based toys and games including those operated via mobile apps, or incorporated with the latest VR, AR and MR technologies. Kidult World is the place to find items that target those young at heart such as hobby goods, performance magic items, models, figurines and more. Green Toys zone showcases high-quality toys that are made from eco-friendly and recycled materials.

Asian Toys & Games Forum unveils market trends

A highlight event – Asian Toys & Games Forum will feature speaker from reputable international market research provider, who will share valuable insights on global toy industry outlook, opportunities and product trends. Distinguish experts will discuss the industry’s evolving role in healthcare and wellness, its positive social impact on social connectedness, and active ageing, under the theme of “Fostering Social Responsibility in the Toy Industry”. To keep traders abreast of the latest industry development and visionary trends, a series of events will be held covering topics such as toy safety and regulations, sustainability, and gender perspectives and inclusivity in toys.

Concurrent Baby Products Fair and International Stationery & School Supplies Fair

The 16^th Hong Kong Baby Products Fair will welcome Korea, Selection of Europe, and the Hong Kong Children, Babies, Maternity Industries Association pavilions. The fair will present a wide range of baby products, including strollers and baby gear, bedding and furniture, skincare and bath products, baby clothing and footwear and maternity products to buyers. The Hong Kong International Stationery & School Supplies Fair, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, will assemble the latest stationery products comprising school supplies, creative arts, office supplies, paper & printing products, writing instruments and gifts stationery. The three fairs provide abundant trading opportunities and good potential for crossover business activities among the participants from various sectors.

Under the EXHIBITION+ hybrid model, exhibitors and buyers can meet online through the Click2Match business matching platform in addition to attending the physical fair until 16 January 2025. Buyers can also use the Scan2Match feature of the HKTDC Marketplace App to scan the QR codes of exhibitors and view product materials, bookmark favourites, browse product information and floor plans, as well as engage with exhibitors before and after the fairs to continue their sourcing journey.Hashtag: #HKTDC

https://www.hktdc.com/event/hktoyfair/en
https://www.hktdc.com/event/hkbabyfair/en
https://www.hktdc.com/event/hkstationeryfair/en

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

This partnership will see JJ-LAPP distribute Deye’s solar energy products and solutions in Malaysia

SINGAPORE/KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 December 2024 – JJ-LAPP, the cable technology joint venture of diversified industrial conglomerate Jebsen & Jessen Group and LAPP Holding Asia, announced its partnership with Deye, a leading player in the global solar inverter market, in Malaysia. Through this strategic partnership, JJ-LAPP will handle the sales, distribution, and service support of Deye’s complete range of solar energy products and solutions, marking the first time Deye’s advanced solar energy technology will be introduced to the Malaysian market.

Under the Malaysia Renewable Energy Roadmap (MyRER), commissioned to support the decarbonisation of the electricity sector in Malaysia, the Ministry of Natural Resources, Environment and Climate Change (NRECC) has set a target to reach 31% of renewable energy (RE) share by 2025. Malaysia’s Nationally Determined Contributions (NDC) 2030 target aims to reduce greenhouse gas emission intensity per unit of GDP by 45% in 2030 compared to the 2005 level and a further reduction of 60% in 2035. As Malaysia aims to accelerate the adoption of RE solutions, this partnership is a major step forward in making solar energy products and solutions more accessible to businesses and consumers.

JJ-LAPP will be the technology partner for Deye in Malaysia, handling the sales, distribution and service support of Deye’s solar energy products and solutions, including solar inverters, storage power plants, solar air conditioners and more. At the official MoU signing ceremony and product launch event, Deye also announced the launch of its latest energy solutions, including low-voltage and high-voltage inverters, advanced batteries, and balcony energy storage products for residential and commercial and industrial (C&I) applications, along with the innovative Deye Cloud and smart management system for enhanced system efficiency and performance. Available in Malaysia for the first time, Deye’s solutions will complement JJ-LAPP’s current range of products, including solar panels, floating solar solutions, battery energy storage, EV charging stations and more.

Speaking on the partnership, Marc von Grabowski, Chief Executive Officer of JJ-LAPP, said, “We recognise the immense potential of the renewable energy sector, particularly solar power, and we’re thrilled to be the partner of Deye, one of the leading players in the solar inverter market. With the addition of their innovative solar energy solutions that complement our existing portfolio of renewable energy products, we can offer customers a comprehensive suite of renewable energy solutions and make an impact on accelerating the nation’s renewable energy adoption for a greener, more energy-efficient future.”

“We’re excited to partner with JJ-LAPP as our technology partner in Malaysia. Leveraging JJ-LAPP’s market knowledge and extensive reach, we’re poised to expand the reach of our reliable and efficient solar energy solutions to the Malaysian market. This partnership marks a step forward in achieving our vision of promoting solar energy utilisation worldwide,” added James YUK, Vice President of Deye APAC.
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About JJ-LAPP

JJ-LAPP was founded as a joint venture between Jebsen & Jessen Pte Ltd and LAPP Holding Asia Pte Ltd, a subsidiary of LAPP Group in Germany, to become the leading cable and connectivity solutions provider in ASEAN. We bring value to our customers by localising German innovation, manufacturing our high-quality products in Indonesia, and complementing this with a suite of products sourced from world-renowned brands. This enables us to provide a wide range of solutions that maximises return on investment for our customers.

Located in nine countries across ASEAN, our team is committed to building trust-based partnerships with our customers and helping them achieve the business success they desire. We are proud to have served the Building Automation, Industrial Automation, Renewable Energy, Original Equipment Manufacturer, Transportation, and Automotive sectors with cable and connectivity solutions since 1980.

For more information, visit https://www.jj-lapp.com/

About Deye Group

Founded in 2000, Deye Group is a global leader in providing integrated photovoltaic (PV) power generation and energy storage solutions for residential C&I applications. With a strong focus on innovation and sustainability, Deye excels in R&D, design, production, sales, and service, securing its position as a prominent player in the global solar market.

Deye operates three advanced production bases in Beilun and Cixi, Ningbo, spanning a total area of 388 acres and a plant area of over 400,000 square meters. As a high-tech manufacturer, Deye has expanded its influence worldwide and was successfully listed on the Shanghai Stock Exchange in April 2021.

For more information, visit https://www.deyeinverter.com/ ; https://deyeess.com/