Author name: admin

Media OutReach

Top 3 Best Places to Work in Malaysia for 2024 revealed

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 December 2024 – The Best Places to Work certification program has unveiled the top 3 best workplaces in Malaysia for 2024, with AIA, Novo Nordisk, and Diversey earning the highest honors for their outstanding commitment to employee well-being, innovative practices, and exceptional workplace cultures. AIA has been topping the Best Place to Work in Malaysia for 2024, demonstrating an unwavering focus on creating a people-first culture. As a leading life insurance company in Asia, AIA empowers its employees with development programs, comprehensive health benefits, and a focus on work-life balance. Its commitment to providing a supportive and motivating environment has cemented its reputation as an employer of choice in the region. In second place is Novo Nordisk, a global leader in diabetes care and chronic disease management. The company stands out for its dedication to employee development, wellness, and inclusivity. By fostering a culture of care and support, Novo Nordisk offers its employees opportunities for personal growth, work-life balance, and professional development, making it a standout workplace in Malaysia. Rounding out the top three is Diversey, a global leader in hygiene and cleaning solutions. Renowned for its focus on sustainability and innovation, Diversey has cultivated an inclusive workplace that prioritizes employee empowerment and well-being. Its people-centric approach and collaborative culture have made it a benchmark for workplace excellence. This year’s top companies have excelled in creating environments where employees are valued, supported, and motivated to succeed, showcasing the best practices in employee engagement and organizational effectiveness. Best Places to Work is an international certification program recognized for identifying top workplaces worldwide. The program enables organizations to benchmark their HR practices, enhance employee satisfaction, and celebrate exceptional work experiences. For more information, visit: www.bestplacestoworkfor.org. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement.

Media OutReach

Top 3 Best Places to Work in Singapore for 2024 revealed

SINGAPORE – Media OutReach Newswire – 19 December 2024 – Novo Nordisk, Samudera, and Diversey have been recognized as the top three best places to work in Singapore for 2024, according to the prestigious Best Places to Work certification program. These organizations have been celebrated for their exceptional commitment to employee well-being, development, and creating people-first workplace cultures. Novo Nordisk, a global healthcare leader, secured the top spot for its outstanding focus on employee development, wellness, and work-life balance. Specializing in diabetes care, hemophilia, and growth hormone therapies, Novo Nordisk has long been dedicated to improving patients’ lives. Equally important is its dedication to its employees, offering comprehensive leadership programs, wellness initiatives, and an inclusive work environment where employees are empowered to thrive. This recognition underscores the company’s continued commitment to fostering a supportive, engaging, and motivating workplace culture. Samudera, a leading provider of integrated logistics and shipping services, earned the second position for its strong culture of collaboration and innovation. Specializing in global containerized freight transport, Samudera has established a dynamic and supportive work environment that emphasizes teamwork, professional growth, and work-life balance. The company’s dedication to employee well-being is key to its ability to maintain a motivated and productive workforce, making it a standout employer in Singapore. Diversey, a global leader in cleaning and hygiene solutions, has been ranked third in Singapore for 2024. Known for its commitment to sustainability and innovative workplace practices, Diversey has built a strong reputation for prioritizing the well-being of its employees and offering growth opportunities. The company’s people-centric approach and collaborative culture have contributed to its recognition as one of Singapore’s top employers. These companies have set the bar for excellence in the workplace, creating environments where employees feel valued, supported, and motivated to achieve both personal and professional success. Best Places to Work is an international certification program recognized for identifying and celebrating organizations committed to advancing workplace excellence and delivering exceptional employee experiences. For more information, visit: www.bestplacestoworkfor.org. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement.

Media OutReach

Top 20 Best Places to Work in the Asia-Pacific Region for 2024 revealed

SINGAPORE – Media OutReach Newswire – 19 December 2024 – The 2024 rankings for the Top 20 Best Places to Work in the Asia-Pacific region have been revealed, highlighting organizations that are leading the way in employee satisfaction, innovative HR practices, and exceptional workplace cultures. This year’s top performers come from a variety of industries, each demonstrating a commitment to fostering environments where employees thrive. Leading the rankings are AIA, Novo Nordisk, Tabaterra, phData, and Tekwissen. These companies are celebrated for their empowering leadership, focus on employee well-being, and people-first strategies that are making a significant impact on the employee experience. The full list of the 2024 Asia-Pacific Top 20 Best Places to Work includes: 1. AIA 2. Novo Nordisk 3. Tabaterra 4. phData 5. Tekwissen 6. Foodpanda 7. OneMagnify 8. Dragon Edge 9. AstraZeneca 10. Roche 11. Global Payments 12. BHS World 13. Universal Robina Corporation 14. British American Tobacco 15. HSBC 16. Diversey 17. Venture Offshore Infomatrix 18. Innocraft 19. LCIT 20. Samudera These organizations have set new benchmarks in cultivating workplaces where employees feel valued, supported, and inspired to succeed. Their achievements reflect a shared commitment to advancing workplace excellence across the region. Each year, the program partners with organizations throughout the Asia-Pacific region to promote people-centric strategies, enhance organizational agility, and create work environments that positively impact employees’ lives. For more information, visit the program website: www.bestplacestoworkfor.org. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement.

Media OutReach

The Top 6 Best Places to Work in the Philippines for 2024 revealed

MANILA, PHILIPPINES – Media OutReach Newswire – 19 December 2024 – Novo Nordisk, Dragon Edge Group, Global Payments, Universal Robina Corporation, AIA Philippines, and Diversey have been recognized as the top 6 best places to work in the Philippines for 2024, according to the prestigious Best Places to Work 2024 certification program. Novo Nordisk, a global healthcare leader, secured the top position, recognized for its exceptional commitment to employee well-being and development. Dragon Edge Group, an FMCG company known for its iconic brands and innovative work culture, earned the second spot. Ranking third is Global Payments, a leading provider of payment technology solutions, celebrated for its focus on employee engagement and professional growth. Universal Robina Corporation, a prominent name in the food and beverage industry, earned the fourth position, followed by AIA Philippines, a leading insurance provider, in fifth. In sixth place is Diversey, a global provider of hygiene and cleaning solutions, praised for its commitment to sustainability and creating an inclusive, engaging workplace. In the face of global challenges, these companies have excelled by achieving an impressive average employee engagement score of 78%. This accomplishment reflects their unwavering commitment to fostering workplaces where employees can thrive. Insights from this year’s program reveal that more than 81% of employees within these organizations trust their employers to honor commitments made to staff. Additionally, 83% commend their leaders for effectively articulating the company’s vision and inspiring alignment with organizational objectives. Best Places to Work is an international certification program considered the ‘Platinum Standard’ in identifying and recognizing top workplaces worldwide. The program provides employers the opportunity to benchmark their HR practices, enhance employee satisfaction, and celebrate those delivering exceptional work experiences. Annually in the Philippines, the program collaborates with organizations from diverse industries to deliver actionable insights, enhance agility, and strengthen organizational effectiveness through strategies centered on employees. For more information, please visit the program website: www.bestplacestoworkfor.org. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement.

Media OutReach

The Mills Fabrica Hosts its First InnoWelltors’ Day in Partnership with Swiss Sportswear Brand On, Championing Wellness in Hong Kong’s Startup Community

Serving as a reminder that wellness is key for success, the event gathered visionary brands and ecosystem partners to inspire healthier living HONG KONG SAR – Media OutReach Newswire – 19 December 2024 – The Mills Fabrica hosted its first-ever InnoWelltors’ Day on 6 December, an initiative dedicated to promoting mental and physical wellbeing among startup founders. Recognising the increasing pressures faced by founders, the event united mission-aligned partners for vital discussions on supporting entrepreneurs to thrive personally and professionally. Under the theme “The NATURE Within”, the event welcomed entrepreneurs from the sustainability, green tech, and food industries, offering them a refreshing moment to prioritise self-care amid their demanding journeys. Aimed at serving as a reminder to prioritise holistic wellbeing for sustained success, the event featured a lineup of experiences curated in partnership with wellness and lifestyle brands — all designed to empower founders with the tools and mindset to integrate wellness into their entrepreneurial journey, an aspect that is not emphasised enough in Hong Kong. “Having incubated and invested in 35 companies and supported hundreds of startups across the U.S., E.U., and Asia in the past six years, The Mills Fabrica has always championed a comprehensive approach to backing startups, whether through funding, incubation support, networking opportunities, or access to facilities. It is naturally aligned for us to extend this to include entrepreneurs’ overall wellbeing. It was inspiring to see the startup ecosystem, wellness and lifestyle enthusiasts, and industry leaders converge in celebration of the importance of balancing mindfulness and health with demands of everyday life. This event addresses the vital need to prioritise the wellbeing of our entrepreneurs, reaffirming The Mills Fabrica’s belief in providing full support to the startup community,” says Cintia Nunes, General Manager and Head of Asia, The Mills Fabrica. Bringing wellness into the spotlight as part of the innovation journey Recognising that wellness is not one-size-fits-all, the activities were designed to address both physical and mental wellbeing. Participants were encouraged to share the challenges and emotions they’ve experienced on their entrepreneurial journeys, giving them a safe space to connect with the community. The InnoWelltors’ Day unfolded as a vibrant and energising experience, seamlessly combining workshops with a focus on body and mind unity. To kick off, all participants sweated it out together in a guided jogging session with swiss sportswear brand On, helping them reconnect with their body, mind and community. With participants warmed up, the next session by Asphodel Fitness focused on stretching and mobility, deep diving into exercises for enhancing overall flexibility and strength. Following which the programme transitioned to offer participants calming tools, with a serene gong bath by ‘the door’ facilitated by local sound healing practitioners Hebe Chu and CK Chu and a mental health workshop by The New Normal Hong Kong, introducing participants to the healing benefits of sound therapy and simple mindfulness practices. “The vision of InnoWelltors’ Day aligns with On’s dedication to strengthening community ties and promoting running culture and a healthy lifestyle. We encourage everyone to prioritise their wellbeing, even amidst busy schedules, fostering a culture of self-care and balance,” says Chantal Li, Market Lead, On. In addition to partners, the event garnered support from international brands. “I deeply resonate with the concept behind InnoWelltors’ Day, connecting people and brands from diverse industries to unite in support of a shared mission to better support the startup community,” says Anne Fitan, Senior Commercial Brand Manager at METABEV Hong Kong Ltd, the distributor of Perrier, Maison Perrier and Vittel. All participants were also invited to network and share stress-relief tips on the interactive “Share Your Thoughts” board to foster a sense of community and leave all participants feeling inspired. Creating tangible impact — increased awareness and positive engagement Aligned with The Mills Fabrica’s commitment to demonstrating the positive environment and social impact of its initiatives, all participants were invited to share their thoughts via pre- and post-event surveys to evaluate knowledge gained and any changes in behaviour. Overall, the participants exhibited a measurable reduction in stress levels compared to pre-event metrics. 82% of participants reported being confident in their ability to manage stress after the event. Additionally, over 80% of participants reported they are likely to pick up stretching, breathing exercises and meditation to reduce stress. Cintia continues, “This event marks the first of many such initiatives where we will bring together diverse players from across the wider ecosystem, empowering innovators to take a holistic approach to business — one that encompasses their mental and physical wellbeing of the community. We hope to call on more partners to join us in creating a thriving ecosystem that not only supports entrepreneurs to scale their groundbreaking solutions but prioritises their personal growth.” Hashtag: #TheMillsFabrica The issuer is solely responsible for the content of this announcement. About The Mills Fabrica The Mills Fabrica is a collaborative platform for accelerating sustainability-focused tech innovations in the techstyle and agrifood sectors. Officially launched in Hong Kong in December 2018, its venture capital fund, business incubator, impact retail store Fabrica X, and spaces across Hong Kong and London support innovations from different growth stages. Grown out of Hong Kong’s Nan Fung Group’s textile legacy, The Mills Fabrica, through its capital, connections, and expertise, is on a mission to bring together innovators, entrepreneurs, and corporates to create positive environmental and social impact for generations. http://www.themillsfabrica.com/

Media OutReach

CKS Spreads Christmas Cheer at Hope Centre Singapore with CSR Activity

SINGAPORE – Media OutReach Newswire – 19 December 2024 – In the spirit of giving and togetherness, CKS Property Consultants, a property valuation company in Singapore, participated in a heartwarming Christmas celebration at Hope Centre Singapore on 6th December 2024. A Day of Joy and Bonding Hope Centre Singapore is a non-profit voluntary welfare organisation established in 1997. Held at the Centre’s location at 806 King George’s Avenue, the Corporate Social Responsibility (CSR) event saw 30 youths and 30 seniors take part in various engaging activities, supported by CKS staff and the Centre’s volunteers. The participants were divided into groups to enjoy customised activities for youths and seniors. Highlights included lively group games, Christmas craft-making sessions, and a spirited round of BINGO. To foster a sense of community and fun, competitions were held to showcase the best craft creations, with prizes awarded to the winners. Adding a sweet touch to the day, CKS sponsored cupcakes for all attendees, further spreading festive cheer. Seniors also enjoyed a relaxed get-together, sharing conversations and laughter with the volunteers. Supporting a Worthy Cause As part of the community engagement programme, CKS pledged $3,000 to sponsor Christmas gifts for 30 children and to support Hope Centre Singapore’s ongoing programmes. The advance Christmas gifts were a memorable highlight for the youths, who received presents of their choice. “This event was deeply fulfilling for all of us at CKS. It strengthened our team bonds and reminded us of the importance of enhancing the well-being of the community,” said Ednas Wong, Associate Director of the company. Impact and Reflections The event was a success, not only in spreading holiday joy but also in reinforcing CKS’s dedication to making a difference in the community. The interactions with seniors highlighted the importance of giving time and attention to those in need, while the youth activities inspired a spirit of creativity and camaraderie. “By engaging with individuals from all walks of life, we aim to promote inclusivity and kindness, building strong connections within the community. We look forward to organising more meaningful initiatives in the future,” said Ednas Wong, Associate Director of the company. What’s Next CKS aims to continue its efforts in giving back to society with future CSR outreach programmes. Plans include involving staff members’ families in upcoming initiatives to further extend the reach of meaningful activities. How to Support Hope Centre Singapore For those who missed the event but wish to contribute, Hope Centre Singapore welcomes volunteers and donations to support its programmes. Donations received between 9 November 2024 and 31 January 2025 will directly fund the Bread and Bursary With Love programme for the next 2-3 years. For more details about supporting the non-profit organisation, visit Hope Centre Singapore’s website. Hashtag: #Volunteersanddonations #CSR #Christmascelebration #Non-profitvoluntarywelfareorganisation #Community #Well-being The issuer is solely responsible for the content of this announcement. About CKS Property Consultants Formerly known as Cheong Koon Seng Auctioneers & Valuers, CKS Property Consultants specialises in property valuation and estate agency services in Singapore. The valuation team at CKS Property Consultants consists of licensed valuers accredited by the Singapore Institute of Surveyors and Valuers (SISV). Collectively, the team brings over 100 years of combined experience in property valuation.

Media OutReach

Profiting from the crypto boom: Octa broker’s guide to leveraged trading

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 December 2024 – With Bitcoin going through the roof in 2024 and the entire crypto market showing substantial growth, retail investors’ interest in this asset class also peaked. But how best to profit from the changes occurring in the crypto market and what avenues of investment to choose? The experts at Octa, a broker with globally recognised licences, offer a rundown of leveraged crypto trading, one of the most accessible ways to put the crypto hype train to use. The expanding cryptocurrency landscape is largely driven by increased adoption, incremental changes in regulation, and ever-growing institutional interest. Given that, the sudden peak in Bitcoin’s price in 2024 was caused by the results of the U.S. presidential elections rather than long-term and well-established trends, experts claim. Whatever their reason, intense price fluctuations invariably cause increased market activity. Traders use all means at their disposal to use this window of opportunity—and here are two of the most popular ones. One goal, many paths Cryptocurrencies are in high demand as a tradable instrument. Of the many crypto trading options on offer, two seem the least challenging and, therefore, most attractive for less experienced traders: trading cryptocurrencies via contracts for difference (CFD) and doing it using a crypto exchange. Crypto CFDs are typically traded through financial brokers, enabling traders to access larger positions with limited capital. This approach increases trading potential but also amplifies the associated risks. In contrast, trading on crypto exchanges involves the actual ownership of digital assets, which comes with additional requirements for asset management and security. Crypto exchanges Crypto exchange users buy and sell digital instruments directly, storing the obtained assets in their e-wallets. When trading via crypto exchanges, gains and losses are based directly on tradable assets’ price fluctuations when trading via crypto exchanges. However, this method has its caveats since it typically involves dealing with various fees depending on the platform’s rules. On top of that, traders expose themselves to additional risks associated with digital asset storage. While owning cryptocurrencies provides greater flexibility in managing digital assets, it also adds complexity to the process. Additionally, it significantly restricts opportunities to profit from falling markets, potentially impacting long-term strategies and overall returns. Trading crypto using CFDs Contracts for difference (CFDs) are financial instruments that allow traders to profit from an asset’s price movements without owning it. Instead, traders enter into an agreement with a broker to exchange the difference between the contract’s opening and closing prices. With CFDs, traders can avoid any extra efforts related to maintaining personal e-wallets, ensuring the safety of personal data, and managing their transactions. Instead, brokers facilitate trading by minimising risks and offering more accessible pricing. It is worth noting that digital platforms used for CFD trading are usually straightforward and user-friendly, which makes it easier for retail traders to track and respond to market movements. Leverage: CFD trading augmented Brokers with CFD assets on offer usually provide a number of leverage options, allowing to control a more significant position with a smaller sum. Leverage has its pros and cons. It can boost the trading process rather than guarantee gains. While it magnifies the profits, it proportionately increases the losses, so traders should be careful with it and use it with risk management tools. Trading crypto via CFDs allows to benefit from market ups and downs, fully tapping into the potential of the hottest asset type to date. With time and continuous learning, trading crypto can become a consistent source of supplementary income to cover everyday expenses and progress towards long-term financial goals. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa 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.

Media OutReach

Lexus Drives into Its Fifth Year as The Official Automotive Partner of The HSBC Women’s World Championship 2025

SINGAPORE – Media OutReach Newswire – 19 December 2024 – Lexus proudly announces its fifth consecutive year as the official automotive partner of the HSBC Women’s World Championship (HWWC) 2025, reaffirming its commitment to sustainability by partnering with organisations that share its vision for a greener future. The 72-hole stroke play tournament, one of Asia’s most anticipated golf events, returns to Singapore for its 17th edition from 27 February to 2 March 2025. The tournament will once again be held at Tanjong Course at Sentosa Golf Club, which is recognised as one of the world’s most sustainable golf clubs as it was crowned “Asia’s Best Eco-Friendly Golf Facility” at the 2024 World Golf Awards. With a goal of achieving net-zero emission by 2040, the club has fully transitioned to a fleet of environmentally friendly lithium-ion battery-powered golf carts. This commitment aligns with Lexus’ goal of achieving carbon neutrality by 2030 as Lexus shifts towards electrification at scale by providing a range of electrified vehicles suited for the various needs of luxury customers while minimising waste through its recycling efforts. The championship welcomes back 2024 champion Hannah Green, alongside other world-class female golfers and golf enthusiasts worldwide. Green is set to defend her title this year after edging out France’s Celine Boutier by one stroke to become the second Australian ever to capture this prestigious victory. Green closed with a final-round 67, making three birdies in the last three holes to clinch her fourth LPGA title. In the spirit of the game and in keeping with Lexus’ commitment to the Takumi craftsmanship, Lexus will bring back the Hole-In-One award for the HWWC’s tournament players to celebrate their pursuit of excellence, which is the same dedication to detail that defines Lexus. Players will stand a chance to win the all-electric Lexus RZ450e Luxury SUV that features cutting-edge DIRECT4 drive-force technology, a newly developed eAxle, and a water-cooled lithium-ion battery, making it a perfect fit with the tournament’s commitment to sustainability. “We’re proud to be the official automotive partner of the HWWC tournament for the fifth year,” said Preston Tan, Vice President of Lexus Asia. “Golf is a sport that embodies discipline, precision, and the pursuit of excellence, as players continuously strive to refine and elevate their skills. These principles resonate deeply with Lexus’ commitment to constantly improve and our high regard for craftsmanship to deliver amazing experiences. With exciting event highlights every season, we hope to see a rise of younger audiences.” At the HWWC tournament, attendees can enjoy a range of fun and engaging activities at the Lexus booth over at the tournament fan village. Participants can look forward to winning exciting prizes at the booth. Lexus, a dedicated supporter of the golfing sport, will continue to build upon the legacy of the HWWC by expanding access to golfing events for its customers across Asia via the Lexus Cup regional competition. To stay connected for more information and follow the tournament news, please visit http://lexusasia.com/golf/hsbc-womens-world-championship. For more information on the HSBC Women’s World Championship 2025 and how to buy tickets and participate in the event, please visit the official tournament website at https://www.hsbcgolf.com/womens/tickets. Hashtag: #Lexus The issuer is solely responsible for the content of this announcement. ABOUT LEXUS Lexus launched in 1989 with a flagship sedan and a guest experience that helped define the premium automotive industry. In 1998, Lexus introduced the luxury crossover category with the launch of the Lexus RX. The luxury hybrid sales leader, Lexus delivered the world’s first luxury hybrid and has since sold over 2.66 million hybrid vehicles including HEVs, PHEVs, and BEVs. (as of the end of August 2023) A global luxury automotive brand with an unwavering commitment to bold, uncompromising design, exceptional craftsmanship, and exhilarating performance, Lexus has developed its lineup to meet the needs of the next generation of global luxury guests and is currently available in over 90 countries/regions worldwide. Lexus associates/team members across the world are dedicated to crafting amazing experiences that are uniquely Lexus, and that excite and change the world.

Nissan chief executive officer Makoto Uchida, left, and Honda president Toshihiro Mibe attend a news conference in Tokyo on March 15.
News

Honda explores merger with Nissan

HON HAI LURKS: The ‘Nikkei’ reported that Foxconn’s interest in Nissan accelerated the Honda-merger effort out of fears it might be taken over by the Taiwanese firm Nissan Motor Co has become the latest buyout target in Japan as it explores a merger with Honda Motor Co and faces an overture from Hon Hai Precision Industry Co , known as Foxconn Technology Group  internationally. Shares in Nissan yesterday jumped 24 percent, the most on record, to hit the daily limit, after the two Japanese automakers acknowledged that talks are ongoing to better position themselves for competitive challenges during a time of upheaval in the global auto industry. Foxconn — a Taipei-based manufacturer of iPhones, which has been investing heavily in factories to build electric vehicles — has also approached Nissan to take a controlling stake, a person with knowledge of the matter said. It was unclear if Nissan had entered talks with Foxconn or already rebuffed its overture and the position of Renault SA — Nissan’s largest shareholder with a 36 percent stake — is also uncertain. Yet the flurry of activity around Nissan reflects a charged corporate environment in which Japan’s biggest companies are vulnerable to takeover like never before. Honda is considering several options that might also involve a capital tie-up or the establishment of a holding company, Honda executive vice president Shinji Aoyama said yesterday. One option being considered is the creation of a new holding company under which the combined businesses would operate, a person familiar with the talks said. The transaction could also be expanded to include Mitsubishi Motors Corp, which already has capital ties with Nissan, the person said. An announcement by Honda and Nissan could happen as soon as on Monday, TBS reported. They plan to sign a memorandum of understanding to discuss shared equity stakes in a new holding company, the Nikkei reported earlier. Shares in Honda fell as much as 3.4 percent. A spokesperson for Nissan declined to comment. A representative for Foxconn was not immediately available for comment. The Nikkei reported that Foxconn’s interest in Nissan accelerated the Honda-merger effort out of fears that the Japanese company might be vulnerable to a takeover by the Taiwanese firm. A merger between Honda and Nissan would effectively consolidate the Japanese auto industry into two main camps: One controlled by Honda, Nissan and Mitsubishi and another consisting of the Toyota Motor Corp group of companies. Nissan and Honda are facing challenges around the world, including in China, where both automakers are suffering. The shift toward electrification, which is happening at varying speeds in different markets, is also disrupting manufacturing and business models that have been in place for decades. Honda, Nissan and Mitsubishi combined sold about 4 million vehicles globally in the first six months of this year, well shy of the 5.2 million that Toyota sold on its own. Combining forces would allow the two companies to fend off Toyota, the world’s largest automaker, at home and abroad. Toyota has taken stakes in Subaru Corp, Suzuki Motor Corp and Mazda Motor Corp, creating a powerhouse of brands backed by its top-notch credit rating. For Foxconn, taking a controlling stake in a Japanese firm would not be unprecedented. In 2016, it took a two-thirds stake in electronics maker Sharp Corp, handing it benefits including a well-known consumer electronics brand, LCD display production capacities and intellectual property. It has been reducing that interest slowly, but is still the top shareholder. For Nissan, one thing is for certain: It needs help to put it back on a stronger financial footing. Revenue growth has stalled, profit is dwindling and activist investors are adding pressure on its management. A daunting debt load has also led to speculation in the credit markets about its investment grade rating.–BLOOMBERG

Media OutReach

Osome Reports Over 25% Revenue Growth, Driven by Product Demand and Increased Customer Engagement, Sets 2025 Roadmap for Sustainable Growth

Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty. CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels, driving growth in both demand generation and lead generation. Osome strengthens its leadership team with the appointment of William Chong, as CFO, to drive financial strategy and performance. Looking ahead to 2025, Osome is expanding its team with key roles in software engineering, sales, product, partnerships, and R&D across Asia. The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025. By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners such as Aspire. Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies. HONG KONG SAR – Media OutReach Newswire – 19 December 2024 – Osome, the all-in-one fintech platform for business and financial management, today announced strong 25% revenue growth y-o-y and significant progress in operational efficiency, customer service, and bottom-line performance. The company also unveiled ambitious 2025 growth plans, focusing on product innovation, market expansion, and a clear path to profitability. 2024 operational efficiencies drive 2025 growth, deeper market penetration and customer focus Osome has achieved over 25% y-o-y revenue growth and a 60% improvement in annualized EBITDA, reflecting efficiency gains and strong business momentum. The company has also reduced customer acquisition costs (CAC) by 35% through optimized spending and effective use of attribution channels, driving growth in both demand and lead generation. “Osome is poised for significant growth in 2025. We’ve made meaningful strides in simplifying company incorporation and accounting, focusing on product innovation, operational efficiency, and improving the customer experience. While we’ve faced challenges, we are committed to evolving and improving, and delivering value to our customers. The numbers show we’re on the right path. In 2025, we will invest further in R&D, strengthen our presence in Singapore and Hong Kong, and drive long-term value through marketing and strategic partnerships,” said Victor Lysenko, CEO and Founder of Osome. Notably, Osome’s Net Promoter Score (NPS) nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty. In 2025, Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies. The company also plans to further invest in Chinese-language features and dedicated customer support, ensuring seamless access for Chinese-speaking entrepreneurs and SMEs and supporting their business expansion overseas. This initiative underscores Osome’s commitment to providing localized solutions that meet the diverse needs of its global customer base. To support this vision, Osome has strengthened its leadership team with the appointment of seasoned industry veteran William Chong as CFO, effective November 2024. William will oversee financial strategy, drive performance, and identify growth opportunities. Prior to Osome, he served as Financial Director at Glints. Product updates and 2025 roadmap: simplifying business and finance management In 2024, Osome introduced two key features to simplify business setup and to strengthen the customer experience. Streamlined incorporation: Reduced setup time to as little as one day with a transparent, step-by-step process for signing, KYC, and status checking on the Osome platform, with optional expert support. Enhanced mobile app: Improved navigation, intuitive features, and a clearer document upload process. Customers can track bookkeeping, filing events, and upcoming deadlines, with in-app chat support for added accessibility. Looking ahead to 2025, Osome will continue investing in research and development to further enhance its products and user experience. By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners like Aspire, the all-in-one finance platform for modern business. This will provide seamless access to local and global multicurrency accounts, saving time and reducing complexity for entrepreneurs, especially those incorporating businesses remotely. Osome remain focused on enabling customers to complete their business and finance workflows, with intuitive tools and seamless automation, and access to dedicated experts. These experts will continue to provide end-to-end support for compliance, onboarding, and post-incorporation services, including tax advice, accounting, and bookkeeping. Double down on brand marketing and partnerships in 2025 In 2025, Osome will strengthen its brand marketing and strategic partnerships to expand reach and impact. The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025. Osome will also partner with influencers and affiliate networks to drive brand awareness and customer acquisition. These partnerships will simplify financial services access, particularly for customers seeking efficient bank account setup and scalable financial solutions. 2025: Sustainable growth and team expansion across Asia From 2022 to 2023, Singapore has seen steady growth in company incorporations, with around 40,000 to 50,000 new company registrations annually, driven by the expansion of the tech, fintech, and digital economy sectors, supported by increasing foreign company registrations and the rise of digital and innovative industries. “As these sectors thrive, Osome in Hong Kong is well-positioned to tap into the growing opportunities in incorporations, driving sustainable growth through strategic investments in product innovation, market expansion, and enhanced customer experiences,” said Tong Ip, Managing Director and Chief Customer Officer of Osome. Looking to 2025, Osome will expand its team across engineering, sales, product, partnerships, and R&D across Asia to support its next phase of sustainable growth. By driving operational efficiencies, launching innovative product features, enhancing customer experience, and forming strategic partnerships, Osome aims to accelerate sustainable growth across key markets. This approach will deliver seamless, scalable solutions that empower entrepreneurs and SMEs to achieve long-term success. To date, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value. In May 2024, Osome announced it had raised $17M in Series B extension, reinforcing its commitment to driving sustainable growth and innovation. Hashtag: #osome #business #technology #fintech http://www.osome.comhttps://www.linkedin.com/company/weareosome/ The issuer is solely responsible for the content of this announcement. About

Scroll to Top

Subscribe
FREE Newsletter