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Soundcore Wireless Bluetooth Earbuds — The Perfect Christmas Gifts


HONG KONG SAR – Media OutReach Newswire – 12 November 2024 – Anker Innovations’ premium audio brand, Soundcore, has recently launched two revolutionary new audio products in Hong Kong for the upcoming holiday season: the Liberty 4 Pro true wireless earbuds featuring Soundcore’s most advanced Adaptive ANC (Active Noise Cancellation) system, and the lightweight and portable Space One Pro noise-cancelling headphones.

Soundcore Liberty 4 Pro - Black (left) and White (right).
Soundcore Liberty 4 Pro – Black (left) and White (right).

With Christmas just around the corner, the gift-giving season is here! Every year, finding the perfect gift can be a challenge—what’s the best option? Soundcore’s new headphone series offers both practicality and thoughtfulness, making it a top recommendation for Christmas gifts.

Liberty 4 Pro: Unbeatable sound quality with powerful noise reduction

Price: HK$1,299

The Liberty 4 Pro offers an unparalleled listening experience for music lovers with its elegant design and powerful noise reduction capabilities. The earbuds are equipped with six microphones and a barometric pressure sensor to achieve deep noise cancellation in any environment. Its adaptive noise cancellation system adjusts three times per second based on changing surroundings, ensuring optimal noise reduction.

Additionally, the Liberty 4 Pro comes with a charging case that features a built-in display, allowing users to easily check their settings. The touch bar design simplifies operation, letting users easily adjust noise cancellation strength or audio quality.

These earbuds support high-fidelity sound quality and offer fast charging capabilities. Just five minutes of charging provides up to four hours of playtime. When fully charged, they offer 10 hours of playtime (40 hours total with ANC off) and 7.5 hours with ANC enabled (30 hours total).

Space One Pro: The Noise-Cancelling Expert for On-the-Go Use

Price: HK$1,499

The Space One Pro headphones are designed for travelers, featuring an innovative FlexiCurve™ structure that allows them to fold to half their size for easy storage, saving up to 50% space. Their four-stage noise cancellation system and six microphones can detect and eliminate noise in real-time, together with 40mm triple composite diaphragms dynamic drivers, providing an immersive listening experience.

With active noise cancellation activated, the Space One Pro has a battery life of up to 40 hours; when turned off, it can last up to 60 hours. It also supports USB-C fast charging, providing eight hours of playtime from just a five-minute charge. These headphones are equipped with 4 mic and AI algorithm, ensuring clear calls and effortless interaction in any environment.

Whether you’re looking for a Christmas gift for friends and family or a personal music companion, the Soundcore Liberty 4 Pro and Space One Pro are fantastic options. They not only highlight cutting-edge technology but also elevate your everyday music experience.

Hashtag: #Soundcore

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

Soundcore

Soundcore, an Anker Innovations brand, creates audio products that help spark emotions through music. This includes premium noise-cancelling TWS earbuds and headphones, smart wearable audio devices, and Bluetooth speakers. For more information, please visit soundcore.com.

Anker Innovations

Anker Innovations is a global leader in charging and home energy storage, and a developer of unique, consumer electronic products that support premium audio, mobile entertainment and the emerging smart home space. This innovation is being led by its seven key brands: Anker, AnkerWork, AnkerMake, Eufy, Nebula, SOLIX and Soundcore. More information on Anker Innovations and its various brands can be found at .

The Anker Logo is a registered trademark of Anker Innovations.

DISCLAIMER
Statements in this news release that are not statements of historical fact may include forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward-looking statements involve a number of risks and uncertainties surrounding competitive and industry conditions, market acceptance for the company’s products, risks of litigation, technological changes, developing industry standards and other factors related to the company’s businesses. The actions referred to in this press release are not an admission or acknowledgement of any claim or allegation. The Company reserves all of its rights.

SUNeVision, Green Valley Landfill and CLP Power Announce the Launch of Renewable Energy Solution in Hong Kong

Purchase of CLP Power’s Renewable Energy Certificates Exclusively Linked to GVL’s Solar Farm


HONG KONG SAR – Media OutReach Newswire – 12 November 2024 – SUNeVision Holdings Ltd. (“SUNeVision”; SEHK: 1686), the largest data centre provider in Hong Kong and the technology arm of Sun Hung Kai Properties Ltd. (“SHKP”; SEHK: 0016), in strategic partnership with Green Valley Landfill Limited (GVL) and CLP Power Hong Kong Limited (CLP Power), Hong Kong’s major power utility, jointly announced the launch of the renewable energy solution in Hong Kong. This collaboration underscores the companies’ united commitment to delivering a green solution and promoting sustainable business development to mitigate environmental impact and foster a greener digital economy, in support of the HKSAR Government’s Climate Action Plan 2050.

Ms Helen Lo (left), Director of Commercial at SUNeVision, receives a site-specific CLP Renewable Energy Certificate representing the environmental attributes generated by the solar farm, presented by Ms Lena Low (right), Senior Director of Customer Success and Experience at CLP Power, and Mr Carl Lai, Project Manager of GVL.
Ms Helen Lo (left), Director of Commercial at SUNeVision, receives a site-specific CLP Renewable Energy Certificate representing the environmental attributes generated by the solar farm, presented by Ms Lena Low (right), Senior Director of Customer Success and Experience at CLP Power, and Mr Carl Lai, Project Manager of GVL.

SUNeVision has inked a 6-year agreement with CLP Power to purchase the site-specific CLP Renewable Energy Certificates (RECs). Each unit of electricity in a REC represents the environmental attributes generated by the solar farm operated by GVL. The environmental attributes will be linked to a portion of the energy consumption of SUNeVision’s data centre campus. GVL’s solar farm is located at the South East New Territories (SENT) Landfill in Tseung Kwan O. The project is planned to commence in the first half of 2025. The solar farm is estimated to generate 1,200,000 kWh of renewable electricity annually. This will result in a reduction of around 468 tonnes of carbon emissions a year, equivalent to the CO2 absorption of about 20,000 trees.

The green initiative further solidifies SUNeVision’s dedication to offering sustainable solutions that meet the urgent demand for green and scalable data centres, fuelled by the surging adoption of digitalisation and AI technologies. SUNeVision’s data centres, from the well-established MEGA-i to the latest editions MEGA IDC and MEGA Gateway, are all built with high environmental standards that feature energy-efficient and high-capacity operations. As a proponent of sustainable business, SUNeVision has been actively pursuing quality green power and implementing eco-friendly practices across its facilities to reduce carbon footprint. This includes utilising renewable energy through the purchase of CLP RECs and installation of solar panels, as well as applying iPaint radiative cooling paint on the generator containers.

Ms Helen Lo, Director of Commercial at SUNeVision said, “At SUNeVision, we embrace the sustainability ethos of our parent company Sun Hung Kai Properties. We are proud to announce the launch of the pioneering renewable energy solution. The collaboration with CLP Power and GVL, a joint venture of SHKP, Veolia and CITIC Pacific, is a testament to our shared values in advancing sustainable development. The new initiative marks a significant milestone in our journey towards utilising 100% clean energy by the year 2050. We will continue to innovate and lead the way towards a sustainable future, striving to promote a low-carbon society and supporting Hong Kong in achieving net-zero emissions.”

Ms Lena Low, Senior Director of Customer Success and Experience at CLP Power
said, “CLP Power is committed to promoting the development of local renewable energy. Purchasing CLP RECs is one of the effective ways for business customers to reduce carbon emissions. The programme has been well-received by our customers since its launch. As of end-June 2024, around 320 GWh were sold through CLP RECs, equivalent to a reduction of about 125,000 tonnes[1] of carbon emissions. We are pleased to provide SUNeVision with the site-specific CLP RECs, helping them achieve their goal of operating with clean energy. CLP Power will continue to collaborate with the business sector to help them implement low-carbon operations and jointly support the HKSAR Government’s carbon reduction goals.”

Mr Carl Lai, Project Manager at GVL stated, “With the invaluable support and collaboration of the authorities, our partners, and our local engineering team, we are confident in the successful implementation of this project. We are excited about the potential of renewable energy to provide the local community with a sustainable and reliable supply of solar energy. At GVL, we see waste as a resource and view landfills as potential power plants. Our dedicated team is prepared to tackle challenges such as the landfill’s slope stability, wind loads, the landfill liner, and the landfill gas systems. We are committed to providing various low-carbon energy solutions to support the city’s transition to a low-carbon future.”


[1] Calculation based on the carbon intensity of the electricity sold by CLP Power in Hong Kong from 2019 to
2023.

Hashtag: #SUNeVision #GreenValleyLandfill #CLPPower

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

About SUNeVision

SUNeVision (SEHK: 1686), the technology arm of Sun Hung Kai Properties (SEHK: 0016), is the largest data centre provider in Hong Kong. We provide industry-leading carrier and cloud-neutral data centre services with Asia’s number one connectivity. We connect providers of telecommunications, cloud, ISP, CDN, OTT from local, mainland China and global with enterprises of different businesses on our Asia leading data centre ecosystem.

SUNeVision forms MEGA Campus by extending the connectivity edge from highly connected MEGA-i to other high-tier data centres, including MEGA Gateway, MEGA IDC, MEGA Plus and MEGA Two. Facilities on MEGA Campus are interconnected through a dedicated dark fibre network and around 15,000 cross-connects. Together with City PoPs of major submarine cables in our facilities, we enable our customers for direct connections to multi-cloud platforms and multi-cloud exchanges with the best connectivity in town. The addition of cable landing stations HKIS-1 and HKIS-2 to our data centre portfolio will provide a one-stop-solution to cable owners and users, strengthening our position as the leading connectivity hub in Asia. We are committed to supporting Hong Kong as a regional information hub and a strategic gateway to mainland China.

About Green Valley Landfill

Green Valley Landfill, a joint venture between Veolia, Sun Hung Kai Properties and CITIC Pacific, operates as a contractor for Hong Kong’s Environmental Protection Department. GVL has managed the South East New Territories (SENT) Landfill and its extension, responsible for design, construction and operation with a 30 years’ aftercare period. The company employs advanced technologies to minimize environmental impact and innovatively converts landfill gas into electricity, fuel and synthetic natural gas for both on-site use and integration with the local gas network.

About CLP Power Hong Kong Limited

CLP Power Hong Kong Limited (CLP Power) is the Hong Kong utility subsidiary wholly owned by CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange and one of the largest investor-owned power businesses in Asia. CLP Power operates a vertically integrated electricity supply business in Hong Kong, and provides a highly reliable supply of electricity and excellent customer services to more than six million people in its supply area.

Alibaba Pictures’ Fenghuang Yunzhi International Version iCIRENA Expands to Hong Kong and Macau Cinemas


HONG KONG SAR – Media OutReach Newswire – 12 November 2024 – Alibaba Pictures Group Limited (“Alibaba Pictures” or the “Company,” HKEX: 1060) recently announced that iCIRENA, the international version of Fenghuang Yunzhi, has partnered with leading cinemas in Hong Kong and Macau SARs,China, including Emperor Cinemas in Hong Kong, and Galaxy Cinemas and Bona International Cinemas in Macau. This collaboration aims to introduce a new technological experience to the film market in Hong Kong and Macau SARs through an integrated smart cinema solution.

Fenghuang Yunzhi is a digital management platform developed by Alibaba Pictures for cinemas. This product surpasses the limitations of traditional single-store ticketing systems, significantly reducing operating costs, expanding marketing channels, and improving management efficiency for cinemas. Currently, Fenghuang Yunzhi covers more than 5,300 cinemas in Chinese mainland, with its intelligent algorithm-assisted scheduling function boosting efficiency by 80%. According to statistics, Fenghuang Yunzhi holds the leading market share in the Chinese mainland film market.

Leveraging years of practical experience in the Chinese mainland film market, Alibaba Pictures launched iCIRENA, the international version of Fenghuang Yunzhi. iCIRENA made its debut in March 2024. In just over six months, iCIRENA has gained recognition from multiple cinema partners in Hong Kong and Macau SARs.

iCIRENA offers an excellent user experience to cinemas in Hong Kong and Macau SARs with its simple and intuitive system design. Through automation and intelligent features, many of the original duplicated ticketing operations can be simplified and improved. Both experienced cinemas and newly-opened cinemas can quickly operate the system, reducing learning costs and operating time, and achieving overall improvements in work efficiency.

Galaxy Cinemas staff noted that scheduling a film used to take 1.5 hours, but with iCIRENA, it now only takes 15 minutes. Staff can easily complete complex scheduling tasks through an intuitive interface, greatly improving efficiency.

Fenghuang Yunzhi’s iCIRENA brings an iterative upgrade to cinemas in Hong Kong and Macau SARs through technological innovation, overcoming traditional industry bottlenecks with a pure cloud operating system. It achieves significant breakthroughs in data processing, system performance optimization, and other aspects with advanced algorithms and technical architecture. During peak traffic periods, iCIRENA performs excellently, maintaining a smooth ticket purchasing experience even during high demand times like holidays. This provides strong stability for cinema operations, enabling them to easily face various market challenges and better serve their audiences. Represented by iCIRENA, this new digital management model not only enhances the overall performance of ticketing systems and user experience but also explores more growth opportunities for technological advancement and innovation in the film industry.

To further promote high-quality development in Chinese films and build a strong filmmaking nation, the “14th Five- Year Plan for the Development of the Chinese Film Industry” proposes to “improve the film industry system and enhance film technology capabilities.” Aiming to accelerate industry development through digital technology, Alibaba Pictures’ Fenghuang Yunzhi remains committed to investment in technology research and development, product refinement, and market insights. By continuously introducing advanced technologies such as cloud computing, AI, and large model algorithms, it explores new pathways for improving quality and efficiency in the industry. As iCIRENA delves deeper into the film markets in Hong Kong and Macau SARs, Fenghuang Yunzhi’s journey of “technology going abroad” will officially commence from its base in the Guangdong-Hong Kong-Macao Greater Bay Area, expanding to Southeast Asia.

Hashtag: #Alibaba

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

About Alibaba Pictures

Alibaba Pictures is listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 1060). It is an Internet-driven integrated platform that covers content production, promotion and distribution, IP licensing, cinema ticketing management, and data services for the entertainment industry.

Alibaba Pictures’ company website:

12 Years of Success: JustMarkets’ Brightest Highlights


CAPE TOWN, SOUTH AFRICA – Media OutReach Newswire – 12 November 2024 – With 12 years of reliability, safety, and trust under its belt, JustMarkets has earned a leading place in the industry. And now, as the team celebrates another anniversary, there is no better time to present the new trading features they recently released, reflect on the company’s winnings, and recall how all this began.

JustMarkets 12 years of Success:

The company’s journey began in 2012. As time passed, the team’s mission became clear: to create a convenient and transparent trading environment so everyone could reach their full investment potential. At the outset, JustMarkets directed its attention solely to Forex. Over time, the company conquered all financial markets, including Commodities, Stocks, Indices, Precious Metals, and Cryptocurrencies.

New Trading Features

On its 12th birthday, the JustMarkets team rolled out some major product updates. Let’s see what each of them is about and how they change everything.

Minimalistic Web Design

The newly redesigned website offers a simpler, more efficient, and user-friendly trading experience. Every detail of the design serves a purpose, ensuring accessibility and personalization across all devices. This design aligns with the company’s growth, becoming more modern and user-friendly, which helps clients from all over the world stay on the same page and effortlessly utilize the company’s services.

Integrated Help Center

To the big data, JustMarkets has launched a new, extremely detailed Help Center, where information on any topic is structured and easily accessible. According to JustMarkets, it will be regularly updated to keep all visitors informed about the latest platform updates and features. With personalized assistance tailored to specific needs, clients can easily find quick solutions to queries and not get lost.

Expanded Functionality

In celebration of its anniversary, the JustMarkets mobile app has finally received the long-awaited update — In-App Trading. Previously, users were only able to manage open orders, but now the entire market’s potential is accessible within the app. This feature also allows for being ahead of market movements and seizing opportunities on the fly, no matter where and when.

What’s Now?

JustMarkets constantly delivers top-notch opportunities for its clients worldwide. Aligned with the team’s goal to become the most client-oriented global broker, they allow trading with a high and flexible leverage. Low and stable spreads and swap-free trading are available for all JustMarkets clients. Additionally, the company offers fast order execution conditions with low slippage probability and a Gap Protection feature.

Every milestone, challenge, and triumph has shaped JustMarkets into a trusted partner in online trading, dedicated to providing everyone with the opportunity to succeed. But numbers can speak for JustMarkets more than any words:

  • Winner of 50+ industry awards
  • Clients from 160+ countries
  • Offering more than 260 trading instruments
  • Serving a community of 2+ million clients
  • Excellent Trustpilot rating based on 2,400+ reviews

What to say about the numerous global awards the company earned, including Best Forex Trading Platform 2022, Best Broker in Asia 2023, Best IB/Affiliate Program 2023, Best Broker in Africa 2023, Best CFD Broker Latam 2024, Best CFD Broker MEA 2024, Most Reliable Broker 2024.

In 2024, the team arranged special events for its partners and clients, including the Grand Gala Dinner. These events resonate with the company’s core values and empower individuals from diverse regions to unleash their trading potential to the fullest and beyond.

Hashtag: #JustMarkets #12years #Africa #BestBroker







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

JustMarkets

is a globally recognized multi-asset broker providing reliable and transparent trading services since 2012. The company has earned over 50 industry awards, highlighting its excellence in the financial sector. JustMarkets offers a diverse array of trading instruments, including forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries.

The company is renowned for its competitive pricing, featuring low spreads and zero commissions. JustMarkets caters to both new and experienced traders by providing a wide range of services designed to enhance their trading experience.

Amazon Singapore Invites Customers to celebrate Black Friday Sale with the Amazon.sg Holiday Playground, happening between 22-23 November

  • Amazon.sg’s Black Friday Sale: Discover Tens of Thousands of Deals from Top Brands and Small Businesses, 21 November–2 December
  • Amazon.sg Holiday Playground: A Fun-Filled, Family-Friendly Event Open to the Public at SuperPark Singapore

SINGAPORE – Media OutReach Newswire – 12 November 2024 – (NASDAQ: AMZN) – Experience the festive spirit as Amazon Singapore transforms SuperPark Singapore at Suntec City Mall into the Amazon.sg Holiday Playground. This public event runs during selected time periods on 22 and 23 November, in celebration of Amazon’s Black Friday Sale, which takes place from 21 November to 2 December.

Amazon Singapore Invites Customers to celebrate Black Friday Sale with the Amazon.sg Holiday Playground, happening between 22-23 November

Taking place at selected time periods on 22 to 23 November, Amazon.sg Holiday Playground will feature a variety of exciting activities, delightful surprises, and meaningful opportunities to engage with the community. Participants can explore over 20 interactive stations at the indoor playground, including classic favourites like the Flying Fox and Ninja Track station, with an Amazon twist. Designed for all ages and fitness levels, this event provides the perfect backdrop for families to come together and enjoy the holiday spirit.

“We’re thrilled to kick off the holiday season with SuperPark Singapore, transforming our Black Friday Sale into a festive experience at the Amazon.sg Holiday Playground. This event is all about bringing families and friends together for a fun and interactive celebration. Amazon Singapore is dedicated to spreading joy and making this season truly memorable for our customers,” said Peter Li, Director, China & Singapore, International Store, Amazon.

The event is open to the public with an admission fee of S$4.99 per person (U.P $S33.90 for adults, $22.90 for children). Participants must present their Amazon.sg App with a valid customer account at the entrance to enter. Children aged under one year can attend for free, making it easier for families with young children to enjoy the holiday festivities. The event operates on a walk-in basis, with access granted on a first-come, first-served basis. Entry is limited to 400 pax each day during selected time periods, on a first come first served basis (*T&Cs apply). SuperPark Singapore’s grip socks will be provided at the event.

Entry Fee*: S$4.99 and flash your Amazon.sg app with a valid customer account to enter.

*cash notes only

Date*: Friday, 22 November: 12:00 PM – 3:00 PM

Saturday, 23 November: 3:00 PM – 6:00 PM

*Queues will be allowed one hour prior to the event.

Venue: Suntec City Mall, #02-477 (North Wing)

A Wonderland of Fun with Interactive Stations and Activities

Prepare for an indoor playground brimming with excitement! Visitors can look forward to classic favourites like,

  • Pedal Car Track: Amazon’s fast and reliable delivery is something customers can rely on. So, buckle up and enjoy the twists and turns as you hit the indoor track to deliver joy at the finish line.
  • Super Soccer: Score top deals in a penalty shootout challenge. Go head-to-head to defend the goal or take the winning shot.
  • Flying Fox: Glide through the air with speed and ease, discovering Prime membership benefits while taking in a bird’s-eye view of the event.
  • Super Pinball: Step up to score big in this oversized pinball game. With one minute on the clock, aim to hit as many targets as possible to rack up points.
  • Maze: Navigate a maze featuring QR codes linked to Amazon’s Black Friday Sale deals, providing a preview of exciting offers and discounts.
  • Super Climb: Ascend to new heights while browsing Amazon Black Friday Sale deals.

In addition to the excitement of the activities, simulating Amazon.sg’s fast delivery, participants can take on a special obstacle course challenge at the Ninja Track station. Throughout the obstacle course, participants will have 30 seconds to find two matching product images within the Ninja Track. Those who succeed can redeem their finds for an Amazon.sg voucher, just in time for holiday shopping this Black Friday. Shopping vouchers are up for grabs, while stocks last (*T&Cs apply).

The festivities extend to a Christmas Tree Crafting Workshop, where participants can design and decorate their own mini Christmas trees. These handcrafted trees can be taken home as personal keepsakes to hang on their own Christmas trees as ornaments or added to a communal Christmas tree displayed at the event, embodying the spirit of togetherness during the holiday season.

Share the joy and double the fun

Amazon.sg’s Black Friday Sale will take place from 21 November to 2 December, offering visitors exciting deals across top brands such as Hasbro, Ergobaby, Bose, Tineco, Philips and more at amazon.sg/blackfriday.

In the spirit of the festive season and its focus on spreading joy, Amazon Singapore remains committed to supporting the local community by assisting underprivileged children in Singapore. Through the Amazon x Shop for Good wishlist initiative, shoppers can contribute to meaningful causes by exploring wish lists of essential items curated by 16 local non-profit organisations, all while shopping for holiday gifts or everyday necessities.

Make the most of Amazon Singapore’s offerings to elevate your holiday shopping experience:

  • Holiday Gift Guides: Want to save more this season? Amazon’s gift guides have options for every budget at amazon.sg/christmas-store
  • Extended Returns: Shop with peace of mind thanks to Amazon.sg‘s extended returns policy. Items purchased between 1 November and 31 December 2024 can be returned until 31 January 2025.
  • Mix and Match: Amazon.sg customers who are not Prime members can now combine items shipped by Amazon locally (including Fulfilled by Amazon) with those from our International Store to reach a S$60 minimum spend needed to qualify for free shipping.
  • Join Prime: New customers can start a 30-day free trial and enjoy these benefits for S$4.99 a month or S$49.90 per year. Sign up at amazon.sg/prime.


Hashtag: #BlackFridaySale #AmazonSG

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

Every Day Made Better with Amazon Prime

Amazon Prime was designed to make your life better every single day. Over 200 million paid members around the world enjoy the many benefits of Prime, including the best of shopping and entertainment. In Singapore, Prime membership offers a range of benefits including a discount of up to 10% on over a million eligible products on Amazon.sg, unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, and more. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy access to free one-day delivery on domestic Prime eligible selection on Amazon.sg, free delivery on selected delivery windows for orders of S$100 and above on Amazon Fresh, free 2-hour scheduled delivery for orders of S$60 and above on Watsons and Little Farms on , as well as early access to deals and exclusive deals. Prime is S$4.99 per month, and S$49.90 per year. Start a 30-day free trial of Prime at .

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, personalized recommendations, Prime, Fulfillment by Amazon, AWS, and Kindle are some of the products and services pioneered by Amazon. For more information, visit .

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Salaries in Southeast Asia Expected to Rise in 2025: Aon Survey

  • Budgeted salary increases in Singapore and Thailand projected to lag other countries in the region
  • Businesses likely to maintain or increase overall workforce numbers

SINGAPORE – Media OutReach Newswire – 12 November 2024 Aon plc (NYSE: AON), a leading global professional services firm, has announced the findings from its 2024 Salary Increase and Turnover Study for southeast Asia (SEA). The study, conducted from July to September 2024, analysed the salary adjustments and turnover rates of more than 950 companies across Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.

The survey found that across the entire region, the budgeted salary increases are expected to be higher in 2025 than 2024. Salary increases are projected at 6.7 percent for Vietnam, 6.3 percent for Indonesia, 5.8 percent for Philippines, 5.0 percent for Malaysia, 4.7 percent for Thailand and 4.4 percent for Singapore.

Salary increments will also vary across industries in SEA with technology and manufacturing budgeting for the highest salary increases at 5.8 percent. These are followed by retail; consulting, business and community services; and life sciences and medical devices all at 5.4 percent. With energy, financial services and transportation at the lower end at 4.9 percent, 4.8 percent and 4.1 percent, respectively.

When overlaid with geography, the technology industry is expected to have the highest increase in Vietnam (7.5 percent) and Thailand (5.2 percent), the manufacturing industry in Indonesia (6.9 percent) and Philippines (6.1 percent) and the consulting, business and community services sector in Malaysia (5.9 percent) and Singapore (5.7 percent).

Country

Actual Salary Increase 2023
%
Actual Salary Increase 2024
%
Budgeted Salary Increase 2025
%
Attrition in 2022
%
Attrition in 2023
%
Attrition in 2024
%
Indonesia 6.0 5.7 6.3 15.9 15.1 20.8
Malaysia 5.0 4.9 5.0 14.9 16.2 15.9
Philippines 5.2 5.4 5.8 18 17.5 19.1
Singapore 4.0 4.2 4.4 19.6 16.5 16.7
Thailand 4.7 4.4 4.7 15.4 14.0 16.6
Vietnam 7.5 6.4 6.7 15.2 13.8 15.5


Rahul Chawla, partner and head of Talent Solutions for southeast Asia at Aon, said, “According to Aon’s Global Risk Management Survey, failure to attract and retain talent now ranks as the fourth highest risk on the minds of organisations – two years ago this was not even among the top ten risks. Employers today are in an unenviable situation of balancing the rising cost of compensation with the distinct challenge of attracting and retaining top talent. The talent market is dynamic, providing agile firms the opportunity to be proactive in their talent strategies with the help of total reward levers. To be a first mover in this environment, firms need to use real-time data and predictive analytics to understand broader market trends including what roles are in demand, what skills are fetching premiums and where cost-saving opportunities exist.”

The study further revealed that 64 percent of companies report challenges in hiring or retaining employees, with one in three firms looking to increase headcount between five and 20 percent. Despite these challenges, organisations are maintaining or increasing overall workforce numbers slightly, by streamlining management layers and focusing on hiring individual contributors to strengthen their teams.

Attrition rate also varies across industries, with the consulting, business and community services industry having the highest rate at 23 percent, followed by life sciences and medical devices industry at 18.4 percent, energy at 18.0 percent, financial services at 17.8 percent, manufacturing at 16.5 percent, technology at 15.1 percent and the retail industry at 11.2 percent.

The consulting, business and community services industry also had a much higher involuntary turnover rate at 8.9 percent followed by manufacturing at 4.8 percent, financial services at 4.2 percent, technology at 4.0 percent, life sciences and medical devices industry at 3.4 percent and retail at 3.2 percent. This contrasts with 2023 where the retail industry had the highest involuntary turnover at 9.5 percent while the consulting, business and community services industry and financial services were the lowest at 1.7 percent and 0.6 percent, respectively.

Among all industries, the technology sector kept a steady involuntary turnover rate that remained unchanged at 4.0 percent from 2023 to 2024. Conversely, industries like retail have stabilised as consumer spending improved.

The most difficult positions to fill continue to be in information technology, engineering and sales, which is consistent with 2023. In response to cost constraints and a need for greater cost efficiency, companies are adjusting their compensation strategies. New hire premiums have dropped from previous levels between 5.6 to 13.3 percent and now range between 1.3 to 8.2 percent.

One in three firms view cybersecurity roles as crucial to their organisation, with a 160 percent year on year (YOY) increase in headcount for such roles. Artificial Intelligence/machine-learning and risk managers roles had a 100 percent and 70 percent YOY increase, respectively. These roles are also seeing double digit growth in total compensation compared to 2023.

Wan Hua Cheng, director of talent analytics for southeast Asia at Aon, noted, “Involuntary turnover reflects shifts in skilled and low-wage labour market dynamics. In 2024, managerial levels are experiencing higher involuntary turnover due to reduced demand and economic restructuring. The technology sector, however, remains stable with a consistent involuntary turnover rate, indicating firms’ cautious approach and moderate confidence in future performance. Companies are opting for targeted salary increases as they navigate uncertain times.”

More information about Aon in Asia can be found here.
Hashtag: #Aon #Salary #Salariesin2025

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

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on , , and . Stay up-to-date by visiting Aon’s and sign up for news alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Sieg Launches Advanced AI-Powered Trading Education and Real-Time Market Analysis Tools to Empower New Generation of Traders


HONG KONG SAR – Media OutReach Newswire – 12 November 2024 – Sieg Academy Center has emerged as a leading platform for next-generation trading education, combining cutting-edge AI analysis tools with tailored learning experiences to help traders succeed in today’s fast-paced markets. Catering to both beginners and experienced traders, Sieg Academy Center provides a unique blend of real-time data insights, practical skill-building resources, and interactive tools designed to enhance traders’ abilities and boost market performance.

Sieg Academy Center’s expert-led content is designed to keep traders ahead of market trends. The platform offers engaging tutorials, insightful webinars, and up-to-the-minute updates, equipping traders with the knowledge necessary to make informed decisions. The Academy is committed to empowering traders at every level, providing customized learning experiences that help unlock their full potential.

One of the platform’s standout features is its emphasis on practical, hands-on learning. Sieg Academy Center provides real-world trading scenarios and step-by-step guidance, enabling traders to apply their knowledge in actual market conditions. By joining Sieg Academy Center, traders become part of a community dedicated to their success.

Success Story: An An’s Triumph with Sieg
A shining example of success through Sieg is the story of An An, a determined trader from Taiwan who took on Sieg’s USD 5,000 Challenge. His journey began with an appreciation for the platform’s user-friendly interface, which simplified the complexities of trading. Sieg’s robust customer support, particularly its Multilingual Services, was crucial in An An’s success, making the platform ideal for Taiwanese traders.

An An leveraged the resources and support provided by Sieg Academy Center to refine his trading strategies and deepen his market understanding. The Academy’s interactive tutorials and expert-led content gave him the knowledge and confidence to excel. Real-time updates and webinars kept him informed about market trends, enabling well-timed and strategic trading decisions.

An An’s success story is a testament to the effectiveness of Sieg and the comprehensive educational resources provided by Sieg Academy Center. His transformation from a novice trader to a successful participant in the USD 5,000 Challenge highlights the potential Sieg Academy can unlock in every trader.

More Information
Learn more about Sieg Challenge with SiegFund: https://www.siegfund.com/
Hashtag: #SiegFund

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

Octa’s coding bootcamp moves into the final stage as the broker celebrates its birthday


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 November 2024 – Octa, a global financial broker, collaborated with a Malaysian school Ideas International to conduct a three-stage coding bootcamp STATUS 200 in Kuala Lumpur. This August, Octa celebrated its 13th birthday at the bootcamp’s premises together with STATUS 200 students and educators.

The second phase of ‘STATUS 200’, a joint coding bootcamp of Octa and Ideas International, has finished.
The second phase of ‘STATUS 200’, a joint coding bootcamp of Octa and Ideas International, has finished.

This year, a global broker Octa provides full financial support for a coding bootcamp STATUS 200 designed for students of Ideas International, a Kuala Lumpur-based inclusive secondary school. The Octa’s onsight bootcamp will help Malaysian youths in their professional pursuits and propel them towards future coding careers.

The bootcamp consists of three stages, with the final one ending in November. Meanwhile, back in August, students and teachers gathered to celebrate Octa’s 13th birthday and the successful completion of Stage 2 with a birthday cake and Octa merch giveaways.

After Stage 2, students received certificates based on their performance and proceeded to Stage 3, carried out between 17 September and 24 November. To conclude the bootcamp, students will complete and present their final projects reflecting their newly acquired knowledge and experience.

As the bootcamp’s sponsor, Octa is very proud of the students who mastered an intense curriculum and overcame all obstacles to complete the second stage. Watch this video to take in the positive vibes as STATUS 200 students and teachers celebrate Octa’s birthday together!
Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.