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1 in 2 Singaporeans Turn to Upskilling Outside the Workplace, Citing Dissatisfactory Company Training

  • More than half (55%) of employees reveal that they have sought training outside of the workplace in the last 12 months.
  • Two in five (38%) employees say that current training programmes by their companies are either ‘fair’, bad’ or ‘very bad’.
  • Top three reasons for employees’ subpar ratings are ‘limited range of topics covered’ (40%), ‘boring and conventional training approach’ (37%), and ‘training topics are not relevant for career advancements (18%)’.


SINGAPORE – Media OutReach – 3 December 2021 – As we continue to live and work with COVID-19, many workers are gearing up for an endemic world through upskilling. More than half (55%) of Singapore employees reveal that they have taken steps to seek training outside of the workplace in the last 12 months, on top of what is offered by their companies. In addition, two in five (38%) employees say that current learning & development (L&D programmes) offered by their companies are either ‘fair’, bad’ or ‘very bad’. The reasons given for the sub-par ratings include: ‘limited range of topics covered’ (40%), ‘boring and conventional training approach’ (37%), and ‘training topics are not relevant for career advancements (18%)’.

 

 

These are some of the key findings from NTUC LearningHub (NTUC LHUB)’s recent Workforce Learning in Workplace Transformation (WLWT) report. The report is based on a survey with 150 business leaders and 300 employees across industries in Singapore, and interviews with human resource experts.

 

The report also found that companies could do well from improving their training programmes as part of their talent retention strategies. According to majority of (86%) employees, the ‘availability and comprehensiveness of training courses’ are key factors for them to remain loyal to the company. However, only less than half of employers (45%) consider L&D beneficial to employee retention. In fact, 29% of employees either perceive that their companies do not act on insights from post-training evaluations to improve training programmes, or are uncertain of what is done with their feedback.

 

When asked about the motivations behind upskilling outside of the workplace, workers have cited reasons ‘to stay relevant’ (70%) and ‘remain competitive during this period’ (61%). In particular, three in five (59%) employees who are negatively affected by the effects of COVID-19 are more likely to take up external training as they prepare to seek new employment, as compared to those less affected (31%).

 

Commenting on the findings, NTUC LHUB’s Director of Human Capital, Sean Lim, says, “Seeing employees increasingly take the initiative to upskill signals that there is a strong desire to become adaptable in these uncertain times. As much as this is a positive move for individual workers, it is also a call to action for businesses to provide quality L&D programmes to engage their workforce in a meaningful way and motivate them to be the best versions of themselves at work. Training should be used as a strategic tool to develop new capabilities for businesses to stay competitive today. As we transition into an endemic world, employees who are confident in their new skills and professional competencies would emerge stronger and have a greater sense of loyalty towards their company.”

 

“There needs to be a push for employees to start regularly upskilling and boosting their productivity and efficiency. For businesses to be sustainable, developing human capital to be future-ready is key. Putting training at the front and centre of the business is one way to overcome the prevalent skills gaps and labour shortage. Many companies tend to hire without the intention to train. If every company only acquires talent and does not develop them, it will be harder to overcome the shrinking talent supply,” says Adrian Tan, Strategist, Future of Work at Institute for Human Resource Professionals (IHRP).

 

­­To download the Workforce Learning in Workplace Transformation report, visit https://www.ntuclearninghub.com/workforce-learning-2021. To find out more about the courses, training and grants, contact NTUC LHUB at https://www.ntuclearninghub.com/.

About NTUC LearningHub

NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working with employers and individual learners to provide learning solutions in areas such as Cloud, Infocomm Technology, Healthcare, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources and Foreign Worker Training.

To date, NTUC LearningHub has helped over 25,000 organisations and achieved over 2.6 million training places across more than 500 courses with a pool of over 900 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships and offer a wide range of relevant end-to-end training solutions and work constantly to improve our training quality and delivery. In 2020, we have accelerated our foray into online learning with our Virtual Live Classes and, through working with best-in-class partners such as IBM, DuPont Sustainable Solutions and GO1, asynchronous online courses.

For more information, visit www.ntuclearninghub.com

#NTUC

Cambodian PM Hun Sen Declares Support for Oldest Son as Successor

Prime Minister Hun Sen and Royal Cambodian Army Commander Lieutenant General Hun Manet inspect troops on the 20th anniversary of the Royal Cambodian Army on January 24, 2019. KT/Khem Sovannara
Prime Minister Hun Sen and Royal Cambodian Army Commander Lieutenant General Hun Manet inspect troops on the 20th anniversary of the Royal Cambodian Army on January 24, 2019. KT/Khem Sovannara


Cambodian Prime Minister Hun Sen has publicly declared his support for his oldest son, Royal Cambodian Army Commander Lieutenant General Hun Manet, 44, as his successor.

Buddhist Ceremony Held to Mark Laos-China Railway Inauguration

A monk sprinkles holy water on a train to ensure good luck and prosperity for the Laos-China Railway (Photo: CRI)
A monk sprinkles holy water on a train to ensure good luck and prosperity for the Laos-China Railway.

 

A traditional Buddhist blessing ceremony was held yesterday to mark the opening of the Laos-China Railway and ensure its successful operation.

Vietjet to start operating direct services to Russia in the middle of 2022

MOSCOW, RUSSIA – Media OutReach – 2 December 2021 – Vietjet today announced its first-ever non-stop services to Europe, marking the relaunch of the airline’s international flight network to meet the rebound in international travel demand. The newly announced services will connect Vietnam’s capital city Hanoi, Ho Chi Minh City and the beach city of Nha Trang with Moscow, the capital of Russia starting in the middle of 2022.

 

The announcement ceremony was witnessed by Vietnamese President Nguyen Xuan Phuc, high-ranking dignitaries, business representatives of Vietnam and Russia and Russian tourism agencies during the Vietnamese President’s official visit to Russia.

 

The Hanoi – Moscow route is planned to operate two weekly flights every Wednesday and Sunday, as of July 3, 2022. The airline will also start operating its Ho Chi Minh City – Moscow service on the same opening date and same frequency with a transit through Hanoi. The Nha Trang – Moscow route will operate two flights per week on every Monday and Friday from July 10, 2022. The average flight time for each route is around 10 hours per leg (with additional two hours for the transit flight on Ho Chi Minh City – Moscow route). All these services will be operated from Moscow Sheremetyevo Airport with Vietjets new and modern A330-300 aircraft and Skyboss Premier services available.

 

During the ceremony, Russian traditional salted bread was served to express the hospitality and cordiality of the host country of Russia to the Vietnamese President and high-ranking dignitaries of Vietnam as they celebrated the launch of Vietjet’s new services connecting the two countries in the near future.

 

Vietnam will be one of the top destinations in the world to travel post pandemic thanks to its beautiful natural landscapes, affordability, and friendly people. Hanoi is the country’s political, economic and cultural center, which is also the gateway to Vietnam’s other famous destinations such as Sapa, Ha Long Bay, Trang An and the world’s largest cave of Son Doong. Nha Trang has become popular amongst Western tourists in recent years, especially Russians, thanks to its long, beautiful beaches, wonderful cuisine, and developed tourism services. Ho Chi Minh City is the country’s business and financial hub and well-known for its modern and dynamic lifestyle.

 

Vietjet Managing Director Dinh Viet Phuong said: “Vietjet is ready to relaunch international services. We have invested in a modern fleet, and we will expand our intercontinental flight network in the coming time. I believe that Vietjet’s new new services to Russia will again prove our commitment to offering top quality flight products and services.”

 

Vietjet has a comprehensive flight network in Vietnam and across Asia Pacific. After weathering the pandemic, the airline has resumed its domestic flight network and operated many international flights from and to Vietnam while looking to further expand operations across continents in the near future. Vietjet operates a new, modern, and fuel-efficient fleet with a technical reliability rate among the top operators in the region and the world.

#Vietjet

International Chess Federation ties up with HDBank for 10 years

HO CHI MINH CITY, VIETNAM – Media OutReach – 2 December 2021 – Within the framework of President Nguyen Xuan Phuc’s visit to the Russian Federation, Ho Chi Minh City Development JSC Bank (HDBank) signed a memorandum of understanding with the World Chess Federation (FIDE) and the Vietnam Chess Federation (VCF) in Moscow on December 1, 2021, for organising international chess tournaments in the next 10 years.

FIDE will include the annual HDBank International Chess Tournament held in Vietnam in its list of official tournaments and help improve its field.

The VCF will organise the tournament, improve the skills of Vietnamese team and players and get players from all over the world.

As part of the tournament, the parties also agreed to organise workshops for referees, coaches, and organisers and chess classes for teenagers and younger children by grandmasters.

They will undertake a programme called ‘Chess in schools’ and organise events in 2022, a year that has been designated by FIDE as The Year of Women in Chess.

Cooperation between the three parties is of great significance in improving the skills of Vietnamese players, referees and organisers to help chess in the country grow stronger and become more professional.

Nguyen Thi Phuong Thao, permanent vice chairwoman of HDBank, said: “Chess, with its special language of intelligence, has been a bridge to help people get closer together and blur borders between countries, religions, languages, and cultures.

“That is why HDBank has chosen to embrace it for nearly a decade as part of our sustainable development programme.”

With the signing of the memorandum of understanding, HDBank will continue to foster chess and collaborate with the VCF as it has done for more than a decade since 2011.

The HDBank International Chess Tournament is held in March every year since 2011 and has become a unique sporting event. The tournament has twice welcomed the FIDE President: Kirsan Ilyumzhinov in 2018 and Arkady Dvorkovich in 2019.

In 2020 and 2021 the tournament was not held due to the COVID-19 outbreak.

Over its nine years the HDBank International Chess Tournament attracted players from 42 countries and five continents.

Their numbers kept increasing every year as did the field and organisation.

With an average elo rating of 2370 – 2400, experts consider the HDBank International Chess Tournament the most elite in Asia.

#HDBank

Today Designer “Cloud Wardrobe” Rental Platform, Style Theory, launches with New-Comer offer of HK$399/month for 6 outfits!

HONG KONG SAR – Media OutReach – 2 December 2021 – Fashion rental platform, Style Theory, celebrates its official apparel rental launch in the holiday season by gifting new-comers in Hong Kong with an exclusive ONE-TIME offer: From 1 December 2021 to 31 December 2021, new members can get the most out of the first month apparel renting experience at HK$399 ONLY by using promotion code HKAPPAREL (Average retail price is over HK$1,000 per piece).

 

Style Theory’s Christmas collection includes brands like Vesper (Left), Leux (Centre-left), Lavish Alice (Centre-right), and Romance (Right).

 

Whether your style is artsy, classy, sophisticated, or chic yet comfy, Style Theory is the infinite “Cloud Wardrobe” that has it all. Curated and quality-checked by an in-house fashion team, the Hong Kong Cloud Wardrobe has over 100 designer brands to ensure that you’ll find a perfect outfit for every occasion and never feel like you have nothing to wear.

Access to Designer Wear Just Got Easier

Imagine walking into a closet filled with 4000+ and 2000+ designer bags that you can freely choose from, Style Theory brings that experience right to your doorstep! With a simple monthly subscription plan, you can have that ultimate dream wardrobe through their app for a fraction of the retail price. For all your parties lined-up in this festive season whether it is Christmas or New Year’s Eve parties, you’ll never run out of options with Style Theory.

Every month, you can rent up to 2 boxes of 3 apparel items in each box from their inventory that is curated for the Hong Kong fashion lovers. As they expand their services in Hong Kong, the points earned on the platform will allow you to redeem exciting gifts from Style Theory’s lifestyle partners and get exclusive membership fee discounts.

The subscription also comes with FREE-OF-CHARGE dry cleaning, maintenance and delivery services to your doorstep! With everything professionally taken care of by Style Theory, you’ll never have to worry about what to wear for this holiday season.

Fresh Fashion Finds Now Available in Hong Kong

If you are a fan of Sandro and Maje, Style Theory’s wardrobe selection will carry many similar brands that you should watch out for!

 

Partnering with established and up-and-coming designers from all across the world like BCBGeneration, Bec + Bridge, Wish the Label, Bardot, Lost + Wander, these brands will add new spice to your wardrobe selection this holiday season.

 

By year end, the cloud wardrobe will also include big names, such as 3.1 Phillip Lim, Alexander Wang, Club Monaco, Diane von Furstenberg, Kate Spade, Max Mara, Self-Portrait, Ted Baker, Theory and Tory Burch.

 

You can easily access all these brands from their mobile application and use their size-fit algorithm to help you find the right fit for every outfit. When you are ready for your next box of items, simply order it on the app and you can swap the items with door to door delivery services.

 

To make sure you have a seamless experience, Style Theory also has a Happiness Guarantee policy that will offer you a second box at zero cost if your first box is unsatisfactory.

Supporting Up-and-Coming Designers

Style Theory carries established designer brands as well as up-and-coming fashion designers’ labels across the board. Standing at the forefront of fashion trends, they understand all talents need the right platform for growth and further expansion beyond their hometowns. That is why Style Theory has brought on many designers that you wouldn’t have access to from all across the world to add to the exciting list of fashion outfits you can choose from. Based on data and consumer insights, you can expect to see more local Hong Kong and regional designers on their platform in the near future.

“It’s a great pleasure working with Style Theory. Their circular business concept and excellent team makes the partnership an enjoyable experience. We look forward to continuing this journey with them and sharing Belle & Bloom’s latest collections”, says Sherry Wu, CEO of Australian brand, Belle and Bloom.

“Our close partnership with Style Theory has provided us with data points from end-users that has greatly helped our design process and working speed”, says Dawn Bey, Founder of Singaporean brand, Minor Miracles.

*Terms and conditions apply

 

Note to Media:

 

Launch Event Official Photos:

https://drive.google.com/drive/folders/1mGYLsG4z_cIgDBFOnOV0fwS5tMFLHbRS?usp=sharing

 

Google trend and analytics on brand popularity in Hong Kong:

https://trends.google.com/trends/explore?cat=185&q=Bardot,maje,Wish,Bec%20%2B%20Bridge,sandro

 

Blog post on the top 3 Australian brands that are exclusively carried by Style Theory for Hong Kong shoppers:

ttps://infinite.styletheory.co/designer-spotlight-hong-kong-australian-brands-maje-sandro/?geot_debug=Hong+Kong&geot_debug_iso=HK

 

Style Theory images: https://drive.google.com/drive/folders/1ti8AHAGBthY0QE8C4P2Aur4IlfEzE7ZA?usp=sharing

About Style Theory

Style Theory is Southeast Asia’s largest circular fashion platform offering women the opportunity to build their Infinite Wardrobe in an affordable, convenient and sustainable manner. Founded in Singapore in 2016 by Raena Lim and Chris Halim, Style Theory operates in the sharing economy as a solution to fashion consumption that is making significant strides towards ending today’s buy-and-throw-away culture. In late 2017, the company launched into the Indonesia market and has recently entered Hong Kong with a designer bag rental subscription service in 2020.

Carrying more than 50,000 high-quality designer apparel and more than 2,000 designer bags for its growing base of over 200,000 users, Style Theory is all set to be the future of fashion where renting is equivalent with – if not better than – buying. In its initial rollout in Hong Kong, Style Theory members will have access to over 2,000 designer bags.

Follow Style Theory socials for latest news and updates:

Facebook: styletheoryhk

Instagram: styletheoryhk

YouTube: Style Theory

#StyleTheory

HEYTEA launches new K11 Art Mall store in Hong Kong

To celebrate, fans can enjoy a “1-for-1” promotion for all drinks available in-store from 1- 3 December, 2021

HONG KONG SAR – EQS Newswire – 2 December 2021 – HEYTEA 喜茶 , the original creator of Cheezo Tea and leading new-style tea drinks brand, announced the launch of their newest store at the K11 Art Mall. Fans of the brand will get their Cheezo tea and experience the strong cultural and artistic atmosphere of Hong Kong’s core business district in Tsim Sha Tsui. Meanwhile, consumers who order at the new outlet can enjoy a “buy-one-get-one-free” opening promotion on drinks from 1 December 2021 to 3 December 2021. Free limited-edition merchandise will also be given to customers for the first 6 days of store opening. On this weekend, customers can also take part in a special offer to buy Christmas limited drinks “Snowy Very Strawberry Twist” at half the price from 4 December to 5 December. With a cup of good tea, customers will stay inspired in Tsim Sha Tsui’s many nearby artistic and diverse cultural experiences.

Located in Tsim Sha Tsui, the new store is adjacent to the Hong Kong Museum of Art, Hong Kong Cultural Centre and Hong Kong Museum of History. The store is also within a ten-minute walk to the Avenue of Stars and other shopping areas. HEYTEA stores are known for their modern interior design, as each store provides a visually appealing environment that exceeds many consumers’ expectations. The new store at K11 Art Mall invites shoppers to a bright space crafted from gleaming stainless steel and terrazzo. The logo light box on the store’s exterior also shows HEYTEA’s aspiration to be a shining light in visitors’ hearts and a place where people are inspired and enjoy their leisure time.

 

The store’s opening reflects HEYTEA’s commitment to rejuvenating and internationalising traditional tea culture and its vision to encourage local consumers to “Stay Inspired”.

 

Founded in 2012, HEYTEA has taken the tea beverage industry by storm as the original creator of cheese tea. It is also the pioneer of using fresh tea leaves instead of tea powder. Since the first day HEYTEA started, the company has been committed to using high-quality ingredients such as premium tea leaves, fresh fruit, low-calorie natural rock sugar and natural cheese. In its pursuit of excellence, HEYTEA has builtHeytaeir concoction instrspired, organic tea plantations and strictly controls every step of tea growing, picking, and blending to ensure high standards. HEYTEA also applies this level of quality to our customers through an ongoing process of product innovation that introduces interesting new flavours and blends.



HEYTEA’s K11 Art Mall store brings its classic creations to consumers, including Very Grape Cheezo, King Fone Cheezo, Natural Coconut with Pudding, Dark Lemon Splash and more. In addition, limited seasonal products to come include Lemon Splash, the Squeezed Emblic and Natural coconut series, which will bring the latest and premium offerings to even more consumers. Among them, “Dark Lemon Splash” is made with an exquisite Cantonese black tea base, blending the intensive flavour of black tea with the sour taste of perfumed lemon, making the whole drink delicate, smooth and fruity in a sip.

 

To celebrate HEYTEA’s launch at K11 Art Mall, this store will provide customers with a one-for-one deal on drinks in the menu between 1 December to 3 December 2021. Besides, there is 50% discount of buying Christmas limited drinks “Snowy Very Strawberry Twist” from 4 December to 5 December 2021. Customers will enjoy hand made strawberry jelly, which is introduced for the first time, mixed with fresh fruit, and experience multiple layers of richness at once.

 

The store will also offer free merchandise to customers under the theme of “Stay Inspired” during this time, so be sure to visit the new store to get your HEYTEA fix!

About HEYTEA

Since 2012, the original creator of cheezo tea, HEYTEA is driven by the aim of showcasing excellent tea offerings sourced from all over the world, giving the ancient culture of tea a new vitality. HEYTEA is committed to rejuvenating traditional tea culture and making high-quality tea products accessible to the public. Today, the brand has over 800 stores across Asia, and its offerings have won both critical and public acclaim.

Follow HEYTEA on Social Media

Weibo 微博@喜茶

Facebook: @HEYTEAHKMACAU

Instagram: @HEYTEAHKMACAU

#HEYTEA

Cryptology Invests in New Crypto Launchpad VLaunch

MALTA – EQS Newswire – 2 December 2021 – Cryptology Advisory Ltd., a wholly-owned subsidiary of Cryptology Asset Group, a leading European holding company for crypto assets and blockchain-related business models, announced its most recent investment in VLaunch – a new token launchpad.

VLaunch is a highly intriguing investment in a relatively crowded space for launchpads, however, Cryptology is particularly interested in it due to the high pedigree of the team and their influencer network within the digital asset and crypto space. This is evidenced by VLaunch being both the fastest growing and most active community in crypto today. 

Cryptology CEO, Patrick Lowry, said “Influencer marketing is one of the most powerful tools today for sales today. The VLaunch team consists of well known influencers and expert investors who are able to effectively source dealflow and make a genuine impact when it comes to true adoption of crypto products. We are excited to be investors and strategic partners in such an innovative platform.”

Cryptology has become more active in the crypto and token ecosystem over the past few months, investing in numerous projects and coins. The firm will continue actively investing in the space, and as such, sees the investment in VLaunch as highly strategic as Cryptology intends to leverage VLaunch as a partner for launching the firm’s future investments.

Cryptology is a proud member of the #VARRIOR community!

About Cryptology Advisory Ltd.

Cryptology Advisory Ltd. is a wholly owned subsidiary of Cryptology Asset Group plc. (ISIN: MT0001770107; Ticker: CAP:GR), a leading European holding company for crypto assets and blockchain-related business models. Founded by Christian Angermayer’s family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Holding.


#CryptologyAdvisoryLtd.