Laos received a new shipment of vaccines from China last evening as the two countries celebrate 60 years of diplomatic relations.
Work-life balance, mental health and burnout pressing issues for Singapore workforce: Aon survey
- Aon’s 2021 Global Wellbeing Survey finds that globally, companies that improve employee wellbeing performance by 4% see a 1% increase in company profits.
- The top five employee wellbeing issues in Singapore are work-life balance, mental health, culture, burnout and virtual work environment.
- In Singapore, company culture is the number one driver in developing a business case for employee wellbeing programmes.
SINGAPORE – Media OutReach – 27 April 2021 – Aon plc (NYSE: AON), in partnership with IPSOS, has released a survey that confirms the link between employee wellbeing and company performance. Aon’s 2021 Global Wellbeing Survey found that improvements to employee wellbeing within a company directly impact customer satisfaction and retention. While wellbeing performance overall has a direct connection to a strong and focused wellbeing strategy, a series of ad-hoc wellbeing initiatives will have less impact.
Company culture the main driver in addressing mental health, burnout in Singapore
The top five employee wellbeing issues in Singapore are work-life balance, mental health, culture, burnout and a virtual work environment.
Although 91% of Singapore companies have at least one wellbeing initiative in place, only 51% have a strategy and just 16% fully integrate wellbeing into their business and talent strategy. The survey also found that overall, 27% of wellbeing programmes are performing exceptionally or above average.
Company culture was cited as the number one driver in developing a business case for wellbeing programmes. Beyond financial resources and investment, almost half of Singapore companies (44%) indicated that being able to measure the return on actions being implemented is one of their biggest challenges in starting or expanding wellbeing initiatives.
Leadership can set the tone for culture and wellbeing. Forty-two percent of Singapore companies agreed that the Chief Human Resources Officer (CHRO) is the champion of wellbeing initiatives, followed by the CEO (21%).
The survey also found that globally:
- improving employee wellbeing performance by 3% increases customer satisfaction and retention by 1%;
- organisations that improve employee wellbeing performance by 3.5% see a 1% increase in employee satisfaction and customer acquisition; and
- where employee wellbeing performance improved by 4%, there was a 1% increase in company profit and a 1% decrease in employee turnover.
Tim Dwyer, CEO, Health Solutions, Asia Pacific, Aon, said: “The impact of the global COVID-19 pandemic and a volatile economy has elevated the importance of wellbeing to individuals, organisations and communities in the region. Companies will do well to ensure that there is top leadership support in creating a culture and a wellbeing strategy that is aligned with their business strategy. This will lead to a resilient workforce that moves forward with confidence and certainty driving business performance.”
About Aon
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
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Sun Food and Beverage Actively Promotes Macao’s Culinary Culture Bringing Authentic Macanese Flavors to Mainland China
MACAO SAR – Media OutReach – 26 April 2021 – As an enterprise rooted in Macao and backed by our motherland, it is one of Suncity Group’s priorities to support the Government of the Macao Special Administrative Region in the diversification of the local economy and to promote Macao as the “Creative City of Gastronomy”, and therefore we continually expand our food and beverage business in both Macao and the Mainland, striving to provide customers with the exquisite dining experience. This April, Sun Food and Beverage joined forces with Macao’s catering industry to support Chongqing’s “Luzu Temple District Renovation Project”. The establishment of 2 thematic restaurants, namely “Porto” featuring Macanese cuisine and “Gu Bao Wang” with the time-honored Macao specialty bone casserole, aims to introduce Macao delicacies to the Mainland, enabling more people to marvel at the infinite charm of Macao as “Creative City of Gastronomy”.
“Porto”, a joint venture of Sun Food and Beverage with Macao’s catering sector, features authentic Macanese cuisine
Sun Food and Beverage aims to promote Macao’s culinary culture in Chongqing through “Gu Bao Wang”
Sun Food and Beverage actively expands its presence in the catering sector in the Mainland, introducing diversified culinary culture to the market
Since its establishment, Sun Food and Beverage strives to broaden the business horizon in both Macao and the Mainland through enhancing quality dining experience. Meanwhile, it attaches great importance to the preservation and promotion of Macao’s local gastronomy, and is committed to the diverse development of the culinary culture in Macao and the Mainland. Through organizing investment visits to the Mainland, Sun Food and Beverage successfully created new cooperation opportunities for the catering industry in both two regions. The joint venture of Sun Food and Beverage and its Macao counterparts will be opening 3 restaurants, including “Porto” featuring Macanese cuisine and “Gu Bao Wang” with savory and nutritionally balanced hotpots, not only introducing Macao’s unique flavors to the Mainland, but also supporting the Macao Government’s core effort to promote Macao as “Creative City of Gastronomy”. Currently “Porto” and “Gu Bao Wang” are already in the pilot phase; the creative coffee shop “3% Mixology” which features alcoholic coffee drinks, is also in the works and will be officially opened this year, marking a brand new page for Sun Food and Beverage.
Suncity Group has always endeavored to pursue excellence and expansion in the catering sector of Macao and the Mainland. Currently, Sun Food and Beverage has already opened 7 branches of its branded restaurant “Danang Vietnamese Cuisine”, serving authentic Southeast Asian delicacies while the new Luzu Temple branch, opened in January, is offering a dining bar that is well loved by locals. In Macao, there are a total of 8 restaurants, including SKY 21 offering Euro-Continental & Pan-Asian cuisine, Chaozhou & Guangdong cuisine Tian Chao, Hot Pot Master which specializes in Seafood Hot Pot, as well as Sky Café, Bottles, Congee Champion and the bakery of Jam & Butter, both of them are given high praise.
To align with Macao’s reputation as “Creative City of Gastronomy”, Suncity Group will continue to fulfil its corporate responsibility to advocate Macao’s outstanding culinary arts, and to further encourage the import of local delicacies to the Mainland and the culinary interchange between the two regions. In the future, Sun Food and Beverage will maintain progress in its food and beverage business by bringing more gastronomic diversity to the Mainland.
High-resolution images can be downloaded in the gallery:
https://dropbox.suncity-group.com/url/wvg23gzqz6j565ag
About Suncity Group
Since its establishment in 2007, Suncity Group has grown into a diversified entertainment enterprise. Striving to expand its entertainment business, the Group is renowned for its outstanding achievements in the industry. With the rapid development of its business, in addition to its continued development in Macau, Suncity Group has taken huge steps also into the global hotel and resort management business. Investing in integrated resort projects in Manila, Hoi An and Vladivostok, as well as engaging in the operations of the resorts, the move clearly demonstrates the Group’s commitment to the Asian market.
Adhering to the spirit of “Innovating With Diversity, Striving For Success”, Suncity Group spared no effort to develop high-end entertainment, related products and services. Today, our business has become increasingly diversified, with the scope of business covering most sectors, aiming to create the one-stop platform of global tourism, entertainment, food and beverage, luxury fashion, etc.
As an enterprise born and bred in Macau and backed by the Motherland, Suncity Group is committed to developing its international entertainment business. In the future, we will develop more diversified entertainment projects as we march on to expand our business foothold to every corner of the globe.
Official Website |www.suncitygroup.com.mo/en
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Laos Confirms 113 New Cases of Covid-19
Laos has confirmed 113 new cases of Covid-19 today, with cases recorded in ten provinces across the country.
Covid-19 Testing and Treatment Free of Charge During Lockdown
Laos is conducting Covid-19 testing and providing treatment free of charge for both Lao and foreign citizens as it enters its second wave of Covid-19 outbreaks across the country.
Lighthouse Global Group aims to increase Immigration consulting services in response to future demand
HONG KONG SAR – Media OutReach – 26 April 2021 – Demand for immigration services has increased dramatically as Hong Kong faces a political uncertainty, epidemic, and an economic downturn. Despite the recent unrest in Hong Kong, The company will expand its service to include more countries and on the ground services over the next six months to help facilitate immigration services.
Immigration is a major decision in life. The ability of immigration consultancies differ greatly in terms of their expertise and services offered. Lighthouse Global Group distinguishes itself from its competitors by using their own in-house specialists, whom themselves have a lot of experience abroad, to ensure clients can receive a tailor-made complete immigration solution. They support clients needs in immigration application, tax consultancy, as well as local knowledge such as children schooling.
Eric Lam, the founder of Lighthouse Global Group, said that there are numerous immigration agencies in Hong Kong, we are proud to be a company that has been insisting on responsive, direct and one-stop solution satisfying clients’ requirements, helping them to complete their immigration journey.
About Lighthouse Global Group
Lighthouse Global Group is a Hong Kong-based immigration consultancy with expertise helping clients to immigrate through investment program, startup visa, immigration program, and making immigration worry-free for clients.
Lighthouse will hold seminars online and offline in the future to discuss the latest immigration policies such as BNO immigration in the UK, investment immigration in Taiwan, immigration to Portugal, and the most inquired Canadian immigration policies (移民加拿大), such as student immigration visa (讀書移民加拿大), Canadian investment immigration (投資移民加拿大), Canadian skilled immigration, and other most practical immigration information.
Website: https://www.lighthouseglobalgroup.com
#LighthouseGlobalGroup
HDBank AGM: Accelerate digital transformation, target high growth, have responsibility towards customers, economy
HO CHI MINH CITY, VIETNAM – Media OutReach – 26 April 2021 – Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) approved all the statements and proposals by the board of directors at its annual general meeting of shareholders on April 23.
HDBank achieved its best results ever in 2020.
Total consolidated assets increased by 39.1 per cent to VND319.127 trillion (US$13.8 billion).
Deposits and loans outstanding at the end of the year reached VND 208.953 trillion ($9.04 billion) and VND 188.228 trillion ($8.14 billion), up 38.4 per cent and 23 per cent for the year.
Return on equity and return on assets were 20.6 per cent and 1.7 per cent.
The bank also increased the charter capital from VNĐ9.810 trillion to over VNĐ16.088 trillion by issuing dividends and bonus shares to the tune of 65 per cent, the highest rate in the industry.
Pre-tax profit was VND 5.818 trillion, up 15.9 percent and equivalent to 102.8 percent of the target.
The bank’s non-performing loans ratio was just 0.93 per cent, among the lowest in the industry.
HDBank was one of the first lenders in Vietnam to complete all three Basel II risk management pillars ahead of the central bank’s schedule.
Credit rating agency Moody’s recently confirmed HDBank’s B1, or “stable” ratings outlook.
The year also witnessed strong digital transformation by the lender, which has created a solid foundation for achieving its goal of becoming Vietnam’s leading digital bank.
The AGM also approved the business plan for 2021 with the key targets being total assets rising to VNĐ399.320 trillion, an increase of 25 per cent from last year, and deposits and loans outstanding growing by 25 per cent and 26 per cent to VNĐ359.851 trillion and VNĐ236.768 trillion.
The pre-tax profit target is VND7.281 trillion, a 25 per cent increase.
Profitability ratios like return on assets and return on equity will continue to be high at 1.62 per cent and 21.1 per cent.
This year the bank will continue to speed up digital transformation, automate key processes to improve the customer experience, reduce operating costs, and improve its competitiveness.
HDBank will prioritise development of the services segment, where it still has a lot of room to grow bancassurance and many international life insurance companies are keen to sign exclusive agreements with it.
China to Provide Laos with New Batch of Sinopharm Covid-19 Vaccine
The Chinese government has said it will provide another batch of Covid-19 vaccines to Laos.