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ERA Singapore Management and Trusted Advisers Raised $231K to Lead ESG Efforts in Real Estate Industry and Community Outreach

  • The funds will be donated to the Hong Kah North Environmental Sustainability Fund in support of the Singapore Green Plan 2030, benefitting over 42,000 household
  • ERA to embrace sustainability and empower its network of over 8,300 trusted advisers and their clients through promoting green practices and providing volunteerism and fundraising avenues
  • Three key ESG focuses: Creating a green and sustainable living environment for Singaporeans, employee well-being, and development of evolutionary solutions

SINGAPORE – Media OutReach – 11 November 2021 – ERA Singapore (ERA) announced a series of ESG (Environmental, Social, and Governance) efforts today during its Q4’21 Career Advancement Day, themed “ESG by ERA”. The company will focus on three priority areas – creating a green and sustainable living environment for Singaporeans, employee well-being, and development of evolutionary solutions.

 

SUPPORTING GRASSROOTS ORGANISATION TO ACCELERATE SINGAPORE GREEN PLAN 2030

The kickstart of ESG efforts had been made memorable, thanks to 21 esteemed patrons comprising ERA senior management and trusted advisers, who each donated S$11,000, totalling to a sum of S$231,000 that will be donated to Hong Kah North Environmental Sustainability Fund. This fund will be used to help the grassroots organisation develop green and sustainable living environment for its residents.

 

The donation funds will support two of the five key pillars under the Singapore Green Plan 2030 — City in Nature and Sustainable Living, and is expected to benefit over 42,000 Tengah Town’s households and other parts of Hong Kah North. These include:

  • The building of a community garden on the top deck of a multi-storey carpark at Bukit Batok West Avenue 8, opposite the new Tengah Town. This will increase green cover as well as enhance livability and connections among residents.
  • Setting up an Eco Hub in Tengah Town to widen environment education and encourage sustainable living practices such as Reduce, Reuse, and Recycle (3R) and community gardening. This includes organising eco-workshops to promote upcycling and green living among residents, as well as eco-activities with community partners such as schools and volunteer welfare organisations to showcase residents’ eco-projects.
  • To foster a spirit of inclusivity and collaboration, the donations will be used to organise eco-activities with community partners, such as schools and volunteer welfare organisations, and showcase residents’ eco-projects. The funds will also provide education grants and assistance to students and residents from vulnerable families. These programmes aim to encourage residents to adopt green habits and nurture a community of green champions.

 

Speaking at the virtual conference, Dr. Amy Khor, Senior Minister of State for Sustainability and the Environment commended ERA for embracing sustainability and empowering its network of more than 8,300 trusted advisers and staff in promoting green practices and providing volunteerism and fundraising avenues in support of the Green Plan.

 

In a bid to propel ERA’s ESG efforts, the ESG by ERA committee will be chaired by Ms Doris Ong, who is the newly appointed Deputy CEO of ERA Singapore. “We’re proud to lead these efforts and promote the adoption of ESG practices among our staff, trusted advisers, clients and corporate partners in their daily life and decision-making process,” said Ms Ong. “ERA’s contribution towards the Hong Kah North Sustainability Fund is a good start, and we will strive to become a green corporate citizen in other areas such as tackling the distribution of bottled water at property launches, incorporating and promoting green practices inside and outside the company. We have more initiatives in the pipeline and will continue to harmonise ESG frameworks into our business strategy and day-to-day operations.”

 

As the only real estate agency in Singapore to own its building, ERA is also taking the lead in maintaining high green standards within ERA APAC Centre, as well as raising awareness among its clients and the industry on this pillar. Since moving its headquarters to ERA APAC Centre last year, ERA has installed energy-efficient appliances and lights during the renovation phase to ensure an environmental friendly workspace. The building is currently in the midst of approval for the BCA Green Mark certification scheme. ERA will continue to maintain and uphold its energy saving standards in all offices and will monitor and analyse its energy consumption patterns with the aim to lower the energy intensity ratio and greenhouse gas emissions.

 

The company has also made a significant progress in reducing its carbon footprint through the adoption of paperless submission of documents via e-Form, creation of personalised digital materials such as e-books, flyers, mailers and website for marketing purposes, as well as reduced usage of cheques.

 

PROMOTE ECONOMIC, PHYSICAL AND MENTAL WELL-BEING OF ERA’S TRUSTED ADVISERS

Employee well-being has become a key issue for the ‘Social’ pillar under ESG, especially with the increased stress levels during the Covid-19 pandemic. Firmly entrenched in its sharing and caring culture, ERA’s network of trusted advisers are encouraged to support one another.

 

ERA has been making changes to further improve the economic, physical and mental well-being of their trusted advisers:

 

  1. ERA advocates gender equality and provides fair opportunities for all. As one of the few female C-Suite leaders in the real estate industry, Ms Doris Ong is breaking glass ceilings as the new Deputy CEO of ERA. She spearheads an integral division, Project Marketing, which secured ERA as Singapore’s first real estate agency to clinch projects from conglomerate developers. She leads a team that has planned and executed marketing launches for over 200 international and local residential projects. 
  2. ERA believes in encouraging its trusted advisers to reach their full potential through motivational recognition programs. During the Q4 Career Advancement Day, ERA senior management handed out tokens of appreciation to the esteemed patrons who contributed towards the ESG at ERA funds, as well as awards for its existing and new trusted advisers who achieved outstanding performance in the last quarter.
  3. Continuing its annual Loyalty Growth Dividends initiative, ERA will be giving out approximately S$1 million in 2022 to appreciate and recognise its top-performing leaders in ERA and to share the fruits of the company. This initiative serves to underline ERA’s focus on investing on human capital – one that is heavily vested on recruitment and retention.
  4. To support the teambuilding efforts of ERA’s division directors, the company will also invest an average amount of $18,000 for each division director under DD Branch-Out Bonus Scheme.
  5. ERA’s CEO Mr Marcus Chu personally hosted a 4-hour long Positive Mental Attitude sharing session for its network of trusted advisers. The first session featured 4 ERA teammates as special guests who shared stories about pivotal moments and near-death experiences that changed their lives. Mr Chu plans to conduct the session regularly to guide and protect its trusted advisers from conditions such as depression and anxiety.
  6. A collaboration with CGS-CIMB, the #1 market share brokerage firm in Singapore for the last three years, to promote financial literacy and empowerment among busy ERA trusted advisers via their digital investment platform, ProsperUS. ERA’s trusted advisers are given complimentary access to all educational materials such as weekly charts, investment articles covering three major markets – Singapore, Hong Kong and the United States, as well as live webinars to help them achieve financial security through portfolio diversification in real estate and stocks. Both organisations will also integrate the ESG criteria into the collaboration to promote sustainable investment and long-term growth to safeguard their future.
  7. Featuring ample greenery, the ground floor of ERA APAC Centre provides a creative, conducive, and collaborative work space for its network of trusted advisers. It is named Everyday @ ERA, a tangible vision of the company to create a place to work, learn and nurture the OneERA spirit everyday amongst ERA trusted advisers.


CONSTANT DEVELOPMENT OF EVOLUTIONARY SOLUTIONS FOR BETTER EFFECIENCY

ERA continues to build stronger digital capabilities to mitigate risks, seize new opportunities and gain competitive advantage for its network of trusted advisers and clients. The company releases the 0.4 version of its RealtyWatch mobile app, highlighting the following new features:

  • To address the current challenges faced by tenants when locating the right home, ERA will be introducing a game-changing innovation – Real-time Rental Home Finder. Utilising 50 millions data points, the Rental Home Finder is an integration of public transport directory and home search platform, allowing tenants to find properties based on public transport routes (Train and Bus) that match their budget.
  • Integration of OneMap3D which allows users to experience a richer view of the surroundings of a particular property and shadow casting according to different time of a day for a particular property, as well as other useful capabilities such as location-based information, navigational services, and the use of open-source technologies.

These will value-add its salient features including 24/7 notifications on neighbourhood property transactions, comprehensive property calculators, intelligent property portfolios personalised by Robo Advisor, generating instant estimated valuations of properties, instant search of new launch homes with real-time availability, and viewing of up-to-date mortgage packages from major banks. Individuals can download RealtyWatch Mobile App on the App Store; or get it on Google Play.

 

Collaboration is a key success factor when it comes to sustainability. With that in mind, ERA has collaborated with leaders from various sectors, such as Redbrick, EdgeProp, EcoProp and Singapore Land Authority, since July this year to build an integrated and sustainable digital ecosystem for the benefits of real estate trusted advisers and the community. 

 

The company will also be signing an MOU with Endowus, the country’s first and only digital advisor for CPF, SRS and cash savings, to further consumer literacy on real estate progression and wealth planning.

 

Appendix A:

List of Esteemed Patrons Contributing to the Initial ESG Fundraising of S$231,000

 

  1. Jack Chua, Executive Chairman
  2. Marcus Chu, CEO
  3. Doris Ong, Deputy CEO
  4. Thomas Tan, COO, Agency Business
  5. Eugene Lim, Key Executive Officer
  6. Kevin Lim, Chief Agency Director
  7. Chris Chen, Advisory Group Division Director
  8. Eugene Koh, Advisory Group Division Director
  9. Kavin Kuah, Branch Division Director
  10. Lynn Er, Branch Division Director
  11. Liu Ming, Associate Division Director
  12. Gina Tng, Division Director
  13. Kane Seow, Branch Division Director
  14. Eric Goh, Branch Division Director
  15. Tiger Ng, Senior Group Division Director
  16. Dulcie Liu, Branch Division Director
  17. Bryan Setho, Senior Division Director
  18. Zac Huang, Advisory Group Division Director
  19. Alex Lim, Advisory Group Division Director
  20. Alicia Yang, Group Division Director
  21. Kelvin Neo, Senior Group Division Director

About ERA Singapore

ERA Singapore is the largest international agency in Singapore and has been setting and redefining industry standards through the pioneering of real estate concepts, technologies, initiatives and services since its inception in 1982.

As a wholly-owned subsidiary of SGX mainboard listed APAC Realty Limited, ERA Asia Pacific is on track to reach 20,000 trusted advisers this year across 10 countries: Singapore, Cambodia, China, Indonesia, Japan, Malaysia, South Korea, Taiwan, Thailand and Vietnam.

In Singapore, we provide a diverse range of professional services and solutions for: Private and HDB residential resale, residential leasing, project marketing, commercial and industrial, property management, auction, valuation and research.

Through Ultimate Agent Training Programme, a series of specially-curated training courses developed for ERA trusted advisers, they are able to revolutionise their skills, equip themselves with the latest trends and insights of the property market, and stay ahead of the competition. With close to four decades of experience, extensive network and innovative technological tools, the company has secured innumerable dream homes for its customers in Singapore and around the world.

Recent accolades are testaments to the company’s diligence – ERA Singapore was the first and only agency awarded the 5-Star Best Real Estate Agency (Single Office) in Singapore by Asia Pacific Property Awards; Singapore’s Most Trusted Brands by Asia Reader’s Digest; Top Property Agency by Influential Brands; Most Innovative Real Estate Agency by SBR Listed Companies Awards; Favourite Real Estate Agent (Gold) Award by Expat Living Readers’ Choice Awards; Marketing Agency Excellence Award at EdgeProp Singapore Excellence Awards; and Best Luxury Real Estate Brokerage in Singapore by Luxury Lifestyle Awards.

For more information, visit https://www.era.com.sg

#ERASingapore

Meteorite Quantification Platform —— The Best Way to Manage Crypto Assets

SINGAPORE – Media OutReach – 11 November 2021 – On the evening of November 3, a private research and analysis meeting on “Crypto Asset Allocation” hosted by BAF Capita. This private meeting brought together a number of industry elites, who focused on the current crypto industry and discussed in depth how to better manage crypto assets. Aaron, the founder of Meteorite Quantitative, was invited to this conference as a key guest and brought a wonderful exchange.

According to Aaron, quantitative trading using computer technology to select a variety of “high probability” events that can bring excess returns from huge historical data to formulate strategies by writing software programs, monitoring market transactions in real time, and setting some conditions. When the market transactions meet these conditions, some operations are executed automatically, such as buying, selling, etc. This can greatly reduce the impact of investor sentiment fluctuations and avoid making irrational investment decisions when the market is extremely fanatic or pessimistic.

Blockchain has developed rapidly in the last two years, and countless legends have been born. In this mysterious world where new paths are constantly being broken, a brand new force is gradually being accepted and recognized by people. This is quantitative trading.

Nika, the CIO of Meteorite, said: “Meteorite is a decentralized quantitative platform that supports a variety of quantitative strategies for digital assets, simplifying the threshold for users to participate in quantitative investment. Meteorite combines traditional CeFi and innovative DeFi mechanisms, uses GameFi, NFT and token ecology to bring together quantitative blockchain strategists and strategic users, and executes decentralized governance in the form of DAO.”

“For quantitative trading, high-quality strategies are a top priority. However, along with the chaos on the platform, there is also the problem of strategists. ” Nika added.

Although some strategies offered by so-called strategists in the market promise high returns and low risks, they have some credit problems. For example, strategists and propagandists exaggerate or even falsify the effect of the strategy, and some strategies use future factors that are over-adjusted and do not match the real data. If there is a lack of long-term real data, the strategy may only fit the market in the short term. Before using the strategy, it is extremely difficult for users to perform risk assessment and risk control.

According to the whitepaper, the Meteorite platform pre-screens all strategies provided by strategists to verify the reliability of the strategy. Strategists must provide at least 18 months of historical data on the exchange. If the pre-screening is passed, a proposed listing strategy can be put to a vote.

Meteorite relies on solid strategic data and will build the first Big Data platform in quantitative trading in the future, contributing to the long-term development of the entire quantitative trading industry and promoting the industry. This is the mission of Meteorite.

At present, Meteorite platform has completed the institutional funding round, and the development of the global community such as Malaysia has begun to show a spark. Quantitative trading must be the most suitable way to manage encrypted assets in the future, and Meteorite Platform has taken on the important task of this era, trying to make quantitative trading accessible to more people in need.

About Meteorite

Meteorite is a platform for testing quantitative strategies based on encrypted assets.
Meteorite is a bridge of trust between high quality users and top quantitative teams.
Meteorite is a platform for Big Data analytics services in and out of the retail chain.
Meteorite is a parallel space created by combining NFT, GameFi and CeDeFi.

For more details, please visit https://www.mte.cool/

#Meteorite

Third Quarter 2021 Citi Residential Property Ownership Survey

Less respondents expect an increase in property prices

The average age of first-time home buyers is 31

HONG KONG SAR – Media OutReach – 11 November 2021 – Citi Hong Kong conducted a survey in September 2021 on residential property ownership in Q3 2021. According to the survey results:

  • 38% of the respondents expected property prices to rise further in the coming year, a lower percentage compared with the previous quarter but higher than the level recorded in the same period last year.
  • 4% of the respondents considered that it was a good time to buy a property, a figure easing back to pre-pandemic levels and down from the previous quarter and the same period last year.
  • 13% of the respondents expressed interest in property ownership, similar to previous quarter. Based on the survey results, close to 320,000 people toured new home developments in August or September this year.
  • Young respondents aged 21 to 24 expressed the highest interest in home ownership, with the average age of first-time buyers being 31.
  • On average, the respondents considered HK$5.8 million to be the price of a property that can meet their accommodation needs, double the price of HK$2.7 million estimated 10 years ago.
  • Nearly 60% of the respondents who have purchased a residential property in the past 10 years made their purchase decision after touring five properties, and a similar percentage of respondents decided to buy a property within three months after touring the first property that came their way. Those who purchased a home 10 years ago found making a home-buying decision easier than their counterparts in recent years.
  • Nearly 70% of the respondents who managed to buy a home in the past 10 years did so with financial support from their family, a higher figure compared with a decade ago. At an average of HK$1.86 million, the amount of financial assistance from family was also higher compared with 10 years ago.

 

Nearly 40% of respondents expect property prices to rise in the coming year, and it’s estimated that close to 320,000 people visiting properties in August or September this year

Compared with the exceptionally strong positive sentiment seen in the previous quarter, a lower level of optimism about the housing market was recorded in Q3 2021, with 38% of the respondents expecting a rise in property prices in the coming year. However, an average of 42% of respondents expected property prices to rise for the whole year of 2021, a higher percentage compared with an average of 23% recorded in the previous year. However, the percentage of respondents considering it “a good time to purchase a home now” and expressing “interest in purchasing a property” – both being indicators of the public’s attitude towards the property market – eased back slightly. In Q3 2021, 4% of the respondents considered now a good time to buy a property, down from the previous quarter and the same period last year. On the other hand, 13% of the respondents expressed interest in buying a home, representing a slight decrease of 1% from the previous quarter. Estimated based on the survey results, approximately 317,000 people conducted property hunting in August or September this year. The overall percentage of respondents expressing optimism about the property market fell from the previous quarter, reflecting a wait-and-see attitude among the respondents towards home ownership.

 

Driven by earlier expectations of an easing pandemic and a reopening of the economy, property owners may have proceeded with buying property early, contributing to a particularly positive outlook for the property market among the respondents in the previous quarter. The property market may have experienced readjustment this quarter, after seeing a premature release of the local population’s purchasing power, and the transaction volume may drop. In view of the temporary impact of other macro factors, including uncertainty in recent stock market sentiment and wealth effect, citizens’ property market outlook may be affected in the short run. That said, the local property market remains supported by positive structural factors such as undersupply and long-term economic growth upon border reopening.

 

Average age of first-time home buyers is 31, with an estimate of HK$5.8 million as the average price of a property meeting respondents’ accommodation needs

 

The survey also explored the views and experiences of the respondents regarding home ownership. It was found that young respondents aged 21 to 24 were most interested in home ownership, with the average age of first-time buyers being 31. The respondents put the average price of a property that can meet their accommodation needs at HK$5.8 million, 115% higher than the price of HK$2.7 million estimated 10 years ago, reflecting the rising trend of property prices during this period. Respondents who bought a home 10 years ago found it easier to make a purchase decision compared with their counterparts during recent years. 58% of the respondents who bought a home in recent years made their purchase decision after touring five properties , and 58% of the respondents decided to buy a property within three months after touring the first property that came their way. 70% of the respondents who bought a home 10 years ago made their buying decision after touring five properties, and 68% made their purchase decision within three months after touring the first property that came their way. On the other hand, 67% of the respondents who managed to purchase a home for the first time in the past 10 years said they did so with financial support from family, a figure that is 15 percentage points higher compared with 10 years ago. The amount of family assistance has also increased from an average of HK$500,000 a decade ago to the current HK$1.86 million.

How do you think home prices will trend in the next 12 months?

Percentage of Respondents

 

Q3 2020

Q4 2020

Q1 2021

Q2 2021

Q3 2021

Upward

23%

22%

33%

54%

38%

Flat

34%

43%

47%

35%

37%

Downward

43%

36%

20%

12%

25%

If you do not own any property now, taking your current standard of living and family finances into consideration, do you think it is a good time to purchase a home now?

Percentage of Respondents

 

Q3 2020

Q4 2020

Q1 2021

Q2 2021

Q3 2021

A good/an excellent

time to purchase

10%

8%

7%

7%

4%

Neutral

36%

39%

37%

38%

41%

A bad/terrible

time to purchase

54%

54%

56%

55%

55%

How interested are you in purchasing a property now?

Percentage of Respondents

 

Q3 2020

Q4 2020

Q1 2021

Q2 2021

Q3 2021

Very/rather
interested

17%

17%

17%

14%

13%

Neutral

28%

27%

29%

28%

33%

Very/rather
uninterested

55%

56%

54%

58%

54%

“The survey results show that local citizens were holding a wait-and-see attitude towards the property market in Q3 2021,” said Josephine Lee, Head of Retail Bank at Citi Hong Kong. “Nearly 40% of the respondents expected property prices to rise in the coming year. The percentage of respondents who considered it a good time to buy a property has slightly decreased from the previous quarter, and the proportion of respondents expressing interest in buying a property has also dropped a bit from the previous quarter. The younger respondents were more interested in buying a property, with the average age of first-time buyers being 31. The price of a property the respondents considered suitable to meet their accommodation needs has doubled in 10 years. We recommend that young people interested in buying a property start reviewing their asset allocation as soon as possible, accumulating their wealth and gradually becoming empowered to realise their aspirations in home buying. Other potential homeowners should also assess their financial condition comprehensively and seek an appropriate mortgage plan to fulfil their dream of home ownership.”

 

Citibank commissioned the University of Hong Kong Social Sciences Research Centre to conduct the survey, interviewing a random sample of more than 500 Hong Kong respondents by phone in September 2021. Since 2010, Citibank has been conducting quarterly surveys on the Hong Kong housing market to assess the current state of home ownership in the SAR, gauge public intentions towards home ownership, and track public expectations of future housing price trends.

Source: Citibank Q3 2021 Residential Property Ownership Survey

Please download the Mortgage Survey Press Conference Photo Here.


About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

#Citi

Appier’s ascent accelerates in Q3 with revenue up 50% to a record high and revises full-year forecast second quarter in a row

Strong revenue and profit growth follows a strong second quarter and underscores demand for AI solutions that deliver holistic customer insights

Highlights in the third quarter of fiscal 2021 include:

  • FY forecast revised 5.5% upwards from 11.7 billion JPY to 12.3 billion JPY
  • YoY revenue up 50% to historical high of 3.2 billion JPY
  • EBITDA margin turns positive for full quarter for the first time in company history, up 16 percentage points YoY
  • Gross profit up 62% YoY
  • Annual recurring revenue (ARR) up 48% YoY
  • Operating income margin improvement of 14 percentage points YoY
  • Quarter-on-quarter customer growth of 7.7% with a historical high of newly added customers


New quarter, new record

TAIPEI, TAIWAN – Media OutReach – 11 November 2021 – Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its Q3 earnings results for its third quarter ended 30 September 2021. The period shows a continuation of the strong post-IPO trajectory reported for Q2 in August. Revenue reached a record high of 3.2 billion yen, repeating the 50% year-on-year (YoY) increase seen in Q2 despite a much higher base in Q3 2020. Gross profit outpaced revenue growth to increase by 62% YoY. This was due in part to a gross margin increase from 46% to 50%, and in part to revenue growth acceleration. Demand from sectors such as e-commerce for AI-enabled customer insights, and for tools to support transformation from businesses in a wide range of industries, helped to fuel growth.

 

Annual recurring revenue (ARR) climbed 48% to 11.7 billion yen. Appier’s earnings before interest, taxes, depreciation and amortization (EBITDA) margin rose 16 percentage points to achieve profitability for the first time in Appier’s history with a two percent margin. Accelerated revenue growth was again a driver, together with strong operating leverage. Operating income margin improved 14 percentage points YoY. The results mean Appier has overachieved on more than 10% of its business goals and is increasing its forecast from 11.7 billion yen to 12.3 billion yen.

 

“We are extremely proud of our achievements this quarter, especially our  50% revenue growth on a much higher comparative quarter,” said Dr. Chih-Han Yu, Appier’s CEO and co-founder. “Our growth this quarter can be attributed to clarity of purpose and goals. Supporting our customers on their AI-enabled digital transformation journey continues to be a driving force for Appier. Our solutions have transformed industry trends into a tailwind and accelerated our growth. We have demonstrated that we help our customers comply with third party data restrictions as well as achieve their business goals with superior AI technologies. At Appier, our solutions mainly require first-party data and have demonstrated its value to our customers, as reflected by this quarter’s results. This creates a sustainable business model for us to continue supporting our customers’ growth.”

 

As our relationships with customers grow, so does the impact of our services on their business. Our momentum is also down to changing business needs, the growth of data-led consumer experiences, the industry’s move towards a privacy-first landscape and the recognition that AI-powered digitalization will be a key enabler of business success post-pandemic.

Adoption of AI solutions deepens

 

This quarter’s strong performance reflects the growth of the industry and the demand for AI-powered digital transformation among our customers. This expansion of relationships reflects Appier’s commitment to customer growth and ethos of growing in line with the businesses it serves.

 

The rate of net new customers rose 7.7% quarter-on-quarter (QoQ), the highest organic incremental increase yet, and 28.6% YoY. In terms of business sectors driving growth, e-commerce continued to show strong demand, together with businesses in more traditional areas undergoing transformation and looking to strengthen their ability to connect with consumers in a digital-led environment.

 

Customers in Northeast Asia continued to account for the largest share of global revenue at 64%, followed by Greater China (26%), Southeast Asia (7%) and other markets (3%), mostly from the US. Having entered the US in Q4 2020, Appier is finding traction in the market and expects business to grow steadily based on the ongoing global demand for AI and in particular AI that is readily applicable to business objectives.

 

Integration of services drives value

 

Last quarter, Appier noted the importance of conversational commerce in business and in its own future development. Since the acquisition of BotBonnie, an omnichannel chatbot platform in May, Appier has integrated BotBonnie with its AI solutions and has created cross-product synergies with AIQUA to unify cross-channel structured behavior data and unstructured conversational data. This means Appier is able to capture both web and conversational data to deliver even more relevant and personalized messages to users, driving the prospect of conversion, improving engagement and achieving greater campaign results.

 

Appier’s solutions are designed to make it easy for companies to apply AI technology to make precise, data-driven decisions, overcome business challenges and achieve growth. AIXON, a first-party-data centric data science platform, is able to unify fragmented data sets with advanced AI technology to build a holistic view of the users across multiple first party data sources. Powered by the scenario-based prediction with AutoML models, AIXON allows clients to successfully unify their first party data from multiple sources, enrich their understanding via AI inferences and predict their future behaviors through AutoML in real time, from churn to conversions and even the likelihood of users visiting a certain webpage or more unknown user affinities.

 

Appier sees the combined effect of its network of services continuing to drive value. As businesses place emphasis on achieving a complete view of their customers, Appier’s multiple, complementary solutions become increasingly important in the new normal.

 

About Appier

Appier is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and U.S., and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more information.

#Appier

Revolutionary FWD Care recovery plan provides unique rehabilitation support and care

Recovery nurse to assist customer recovery journeys with tailored physical and emotional support

HONG KONG SAR – Media OutReach – 11 November 2021 – FWD Insurance (‘FWD’) is reimagining critical illness recovery support with the new FWD Care recovery plan (‘FWD Care’), a six-month recovery programme designed to offer critical illness survivors with tailored physical and emotional support assisted by a registered Recovery Nurse. The plan is available for FWD customers with individual medical, Voluntary Health Insurance Scheme (‘VHIS’) or critical illness insurance (‘Medical and Critical Illness Insurance’), who are survivors of cancer, heart attack or stroke. It also takes care of bereaved family members, providing emotional support services in the unfortunate cases of customers passing away (See Appendix 1 for details).

 

 

FWD’s revolutionary FWD Care recovery plan provides physical and emotional support through a 6-month tailored programme to customers surviving from cancer, stroke, and heart attack, who would be assisted by a registered Recovery Nurse throughout the whole recovery journey.

 

Demand for recovery support is soaring as medical advances increase critical illness survival rates. Studies show that cancer, stroke, and heart attack are becoming more common among the 25 to 44 age group[1],[2],[3] whose chances of survival are higher. However, typical recovery plans in Hong Kong usually only provide treatment summaries and health care information[4]. FWD Care aims to fill this service gap with a suite of professional and personalised psychosocial and physical rehabilitation services.

Kelvin Yu, Chief Product Officer of FWD Hong Kong & Macau, said, “FWD Care takes a holistic approach in closing the recovery service gap with bespoke support for our customers and their family members that meet their physical and emotional needs. By launching FWD Care, we aspire to enhance the post-claim experience for our customers as we continue realising our commitment to providing ‘better coverage, more comprehensive protection’.”

FWD Care covers a wide range of professional services and immediate care, ranging from consultation services provided by physiotherapists, sports therapists, Chinese medicine practitioners, dietitians, and clinical psychologists to home assistants and transportation services. The assigned Recovery Nurse will personalise a care plan and be at the customer’s side throughout the whole recovery journey once the claims are approved. This hassle-free service ensures that customers can focus on their recovery, overcome their emotional challenges, and prepare for lifestyle readjustments. 

FWD Care is also available for bereaved families of deceased customers with an approved death benefit claim from FWD. It provides a family member, who is the spouse, a child, or a parent of the diseased customer, six months of emotional support and home care services. During this time, a Recovery Nurse will help the family member cope with grief and assist in resuming a normal life.

Appendix 1

FWD Care recovery plan provides timely physical and psychological support to the following customers in need:

–       Insured persons of FWD’s individual Medical and Critical Illness Insurance plans who have successfully claimed their crisis benefit or reimbursed their hospitalisation and surgical expenses or hospital cash for cancer, heart attack or stroke, which are the most common critical illnesses in Hong Kong; or

–       An immediate family member (i.e. spouse, child, or parent) of the deceased insured person with an approved death benefit claim from FWD.

 

Service flow of FWD Care recovery plan:

1.       Reach out by FWD: Once the eligible claim is approved from now until 30 June 2022 (both dates inclusive), FWD will contact the insured person or an immediate family member of the insured person.

2.       Provide consent: The insured person or immediate family member will receive a request for consent to the terms of the service, including the consent for the transfer of personal data needed for FWD Care to provide services.

3.       Hear from a nurse: An assigned Recovery Nurse will contact the participant and be a companion throughout the recovery journey.

4.       Get the support you need: The Recovery Nurse will discuss and coordinate the support services best suited for the participant after he/she has completed the first consultation with a clinical psychologist or cardiologist.

5.       Plan completion: The FWD Care recovery plan lasts for six months with full access to the Recovery Nurse during the period.

 

The FWD Care recovery plan is provided by third-party service providers. FWD will not be responsible or liable for any services offered by the third-party providers under the plan. Terms and conditions apply to the plan. For details, please visit www.fwd.com.hk/en/fwd-care/fwd-care-recovery-plan/

 

If the insured person did not use the FWD Care recovery plan before passing away, one of his/her family members (include spouse, children or parents of the insured person) can enrol the counselling and/or home assistant services for free one time upon the approval for the death claims of the insured person.


[1] Source: International Medical Centre (Hong Kong) ‘Interesting Trends in Cancer Incidence in Hong Kong’

[2] Source: The Nethersole School of Nursing, Faculty of Medicine, The Chinese University of Hong Kong “Secret of the stroke” ‘(中風之迷)’

[3] Source: HK01’s news article with the title of “The tendency of early incidence of heart attack – Bad habits may cause heart attack”  ‘(年輕化趨勢?生活壞習慣隨時出現突發性心臟病’)

[4] Source: The University of Hong Kong Jockey Club Institute of Cancer Care ‘How to prevent lost in transition? – Self-management-based cancer survivorship clinic’

About FWD Hong Kong & Macau

FWD Hong Kong & Macau are part of the FWD Group, the primary insurance business of investment group, Pacific Century Group. FWD Group spans ten markets in Asia, including Hong Kong SAR & Macau SAR, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, Malaysia and Cambodia.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, general insurance, employee benefits, and financial planning. FWD Macau provides a suite of life and medical insurance.

FWD is focused on creating fresh customer experiences and making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products supported by digital technology. Through this customer-led approach, FWD aims to be a leading pan-Asian insurer by changing the way people feel about insurance.

For more information about FWD Hong Kong & Macau, please visit WWW.FWD.COM.HK and WWW.FWD.COM.MO.

#FWD

Laos Confirms 945 New Cases of Covid-19 and Two Deaths

Covid update Champasack


Laos has recorded 945 new cases of Covid-19 across the country today, as well as two deaths.

Style Theory to Rock with House of Gucci: Latest Offers Allow Users to Rent ANY Designer Bag at Zero Cost or Only HK$449.5

Register NOW to Expand Your On-Demand Closet that Covers 2,000+ Designer Bags, ONLY available for November & December!

Hong Kong SAR – Media OutReach – 11 November 2021 – The House of Gucci movie premiere is approaching and the temptation to own a Gucci purse is stronger than ever. Eyes will be ogling over Gucci’s Dionysus, GG Supreme, GG Marmont, Sylvie bags, and more. And as luck would have it, Style Theory’s bag rental collection gives you access to these cult favourites and more!

To celebrate Gucci’s 100th anniversary, Style Theory is offering the first 100 fashionistas a FREE month of their Designer Bag Rental Membership to new users until end of November. And the first 300 buy-one-get-one-free Membership offer of two months for HK$449.50 each (HK$899 original price for one month), this offer is available until end of December.

Cut Loss & Embrace the Trend

Did you know that the moment you purchase a designer bag, its value can depreciate by over 50%? Adding on the space, effort and money to keep and maintain the bags in good conditions, why would you still want to own them if you can rent from an on-demand Style Theory collection with 2,000+ designer bags from brands like Gucci, Chanel, Celine and more in their best conditions? Sustainable and circular fashion is already the trend and Style Theory is the game changer who is here to help fashionistas cut loss in style.

 Unparalleled Attention to User Journey

In just a few steps, you can rock some of Hong Kong’s top pick designer bags: register as a Member on the Style Theory app and you can browse and cart out any bag to start renting. Got too many choices? Save your favourites in the wish-list cart for future reference. Once you cart out, you will be prompted to schedule a time to get the bag delivered to your address at your convenience.

Style Theory prides ourselves in helping women wear their power, whilst making sustainable fashion choices. They do this by offering an infinite repertoire of luxury bags, from which customers can choose to rent for HK$899 per month.

Circular fashion is in and overconsumption is out. Leveraging on the unique platform that Style Theory offers, Hong Kong fashionistas are now seizing the benefits of:

  • Paying less for getting more;
  • Staying on top of latest fashion trends;
  • Saving storage space and bag maintenance needs;
  • Expanding lifecycle of classic It bags; and
  • Contributing to sustainable fashion


The Limited Offers: Register NOW!

New Style Theory Members can get the chance to rent and flaunt the hottest Gucci purses to work, for dinner or at the House of Gucci movie premiere. Simply download the Style Theory app, create an account, and activate your Membership with one of the following promo codes:

  • TRIALGUCCI – A free month, limited to first 100 redemptions. Valid until 30 Nov 2021
  • STGUCCIBOGOF – A discounted monthly fee of HK$449.50 for each of the 2 months, limited to the first 300 redemptions. Valid until 31 December 2021.

*The House of Gucci promotion codes entitles new users a full Membership experience and access to the full catalogue. Rentals are not limited to Gucci bags only.

 

Play the FB Mini-Game to Get Your House of Gucci FREE Tickets

The promotions don’t stop there! Style Theory is also giving away 2 FREE House of Gucci movie premiere tickets to 5 lucky winners! Here’s how to enroll in the game:

  1. Like the Style Theory HK Facebook page
  2. Share the House of Gucci promo post on Facebook (The post will be live on 15 Nov 2021)
  3. In the comments, tag 3 of your friends whom you would want to take to the movie premiere and mention why you like renting bags from Style Theory
  4. Style Theory HK will directly message and announce the winners on 30 Nov 2021

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 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

Health Authorities in Laos Prepare Covid-19 Self-Care Handbook

Laos to allow Covid-19 recovery at home
Laos to allow Covid-19 recovery at home.

Health authorities in Laos plan to allow people infected with Covid-19 with mild symptoms to isolate at home in the near future.