Hiring in the Healthcare Sector Soars in the Philippines with 11% Increase: foundit Insights Tracker

  • Overall hiring activity in the country improved by 4% on a month-on-month basis
  • Healthcare industry (+11%) showcased maximum growth in hiring, followed by Logistics (+7%) and Retail (+3%) among others

MANILA, Philippines, Mar 8, 2023 – (ACN Newswire) – foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for January 2023, formerly published as Monster Employment Index (MEI). Philippines witnessed a 4% month-on-month (MoM) growth in online hiring activity in January ’23 compared to December ’22, according to the fit report. The company Monster APAC & Middle East was rebranded as foundit in November 2022.

Despite the 7% annual drop in e-recruitment activity, the MoM increase in hiring is a testimony to the reviving job market in the Philippines. However, the emphasis remains on re-skilling and upskilling employees to thrive in current market dynamics.

The healthcare sector witnessed the steepest monthly growth (+11%) as health remains a top priority across rural and urban areas in the country, especially post-Covid, and fast-paced innovations have made accessibility to healthcare easier for Filipinos. The country had also recently passed a few landmark health laws focussed on building a healthier ecosystem. This projects a continuous demand in the job market and hence the steady requirement for highly qualified medical staff.

Commenting on the Philippines’ job trends for January 2023, Sekhar Garisa, CEO, foundit, said,Despite the global slowdown, the Philippines’ job market is showing remarkable resilience, with positive momentum month over month. As businesses across various sectors pivot and incorporate technological innovations, the job market is experiencing a significant boost, particularly in the healthcare, retail, and IT industries. These sectors are witnessing tremendous growth and creating new employment opportunities. Moreover, the country’s robust supply chain and thriving service sector have added to this positive momentum. Overall, the Philippine job market appears to be bouncing back to its pre-pandemic levels, showcasing an impressive recovery amidst challenging global conditions.

Other sectors that showcased promising growth in January’23 are Logistics, Courier/ Freight/ Transportation/Import/Export/Shipping (+7%), Retail (+3%), Hospitality (+3%), and IT/Telecom (+3%). The rise in e-commerce platforms, internet penetration across the country and increasing demand for industrial freight warehouses can be credited to the rising demand in these sectors. Philippines also noticed positive hiring growth in BFSI (+2%), BPO/ITES (+2%), Engineering, Construction, & Real Estate (+1%), and Advertising Market Research/Public Relations/ Media & Entertainment (+1%) sectors, which have previously made noteworthy contributions to the country’s GDP and have chartered a sequential growth momentum for the sectors.

Across functional roles, the demand for Marketing & Communication (+10%) and Sales & Business Development (+8%) professionals continues to trend as organisations look to improve margins by deploying skilled professionals who add value to their brands. Given the growth of the healthcare industry, Healthcare (+8%) professionals also constituted a significant portion of the overall demand.

The Philippines job market exhibited positive demand for professionals across all functions monitored by Tracker including Purchase/Logistics/Supply Chain (+7%), Customer Service (7%), HR & Admin (+6%), and Finance & Accounts (+4%). The surge in digital marketing initiatives and the rapid deployment of artificial intelligence (AI) has encouraged hiring in these sectors. Given the impressive performance of the hospitality sector, coupled with the recent surge in domestic tourism and the advancements in digital booking, the demand for hospitality and travel job roles (+3%) increased in January ’23.

The foundit Insights Tracker (fit) is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, fit presents a snapshot of employer online recruitment activity nationwide.

Period for the report

The period considered for the foundit Insights Tracker (fit) data is 1st to 31st January 2023.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and their local expertise to aid precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Visit: www.foundit.com.ph | www.foundit.my | https://www.foundit.in | https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Announces New Chief Revenue Officer

DALLAS, TX, Feb 22, 2023 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Piotr Marczewski as Chief Revenue Officer (CRO) of Trintech. Marczewski will be responsible for driving integration and alignment between revenue-related functions across all global distribution channels for Trintech.

"I am thrilled to welcome Piotr as Trintech's new CRO who has a proven track record of scaling and overseeing successful sales organizations and ensuring a best-in-class customer experience," said Darren Heffernan, President & Chief Operating Officer of Trintech. "As we continue to grow the business and drive our core strategy of helping organizations of all sizes simplify and transform their reconciliation and financial close processes, Piotr will have an integral part in leading our ongoing success."

Marczewski brings over two decades of experience in driving customer impact, transformation, and revenue acceleration in Software as a Service (SaaS), Information and News businesses, serving professional markets in the US and internationally. Prior to joining Trintech, Marczewski served as SVP Americas at Cision Inc, and as Chief Operating Officer at Underline Science Inc. Before that, he worked at Thomson Reuters in various senior roles, including President Corporates Customer Market. Piotr worked closely with customers, delivering commercial outcomes, developing new markets, and expanding company's customer bases, content, and platforms. Marczewski received a Master of Science Degree in International Economics from SGH Warsaw School of Economics. He also studied at Bocconi University in Milan (Italy) and holds a Community of European Management Schools (CEMS) Master's Degree in International Management.

"I am excited to be joining the team as Trintech's new CRO and I'm looking forward to accelerating our global growth and customer success," said Piotr Marczewski, Chief Revenue Officer of Trintech. "Trintech's solutions, and its collaborative, customer-centric approach, sets it apart from others in this space who employ a "one-size-fits-all" strategy to tackle the complex challenges of financial close automation. This is evident by the marquee brands (majority of the Fortune 100 companies) who have already partnered with Trintech to transform their processes. As Trintech embarks on its next phase of growth, I am excited to help Trintech further its reputation as a trusted partner for the Office of Finance globally."

About Trintech

Trintech, a leading global provider of cloud-based, integrated reconciliation and financial close solutions for Finance & Accounting departments. From high volume transaction matching, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, to governance, risk and compliance – Trintech's portfolio of financial solutions, including its Cadency(R) Platform (for large enterprises) and Adra(R) Suite (for mid-market organizations), help manage all aspects of the reconciliation and financial close processes. Trintech's excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently "Easiest to Do Business With" and "Fastest Implementation" in G2's Fall 2022 Report. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on Trintech's solutions to enable their F&A operation to become a strategic partner to the business by controlling risk, driving efficiencies, and providing strategic insights.

Headquartered in Plano, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook, Twitter and Instagram.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kincentric Malaysia’s Best Employers demonstrate Organizational Agility and Commitment to Attract and Retain Talent

KUALA LUMPUR, Feb 17, 2023 – (ACN Newswire) – Kincentric, a Spencer Stuart Company, announces today their Best Employers for 2022. As part of its leading employer program, Kincentric measures and recognizes extraordinary employers who have demonstrated the keen ability to listen and address their employee's evolving needs to drive higher talent retention and performance. Key factors that differentiated these Best Employers especially included their marked willingness and agility to encourage diverse ideas and implement them with speed, to ultimately enhance employee experience.



According to Ridhima Khanduja, Market Leader for Kincentric Malaysia, the country's Best Employers for 2022 outperformed in four critical performance pillars that highlighted their strong purpose-driven culture and execution capability. This, in turn, has enabled them to be responsive and agile, maintain high levels of employee engagement, and foster a culture where employees stay and become brand advocates.

The Best Employers in Malaysia have excelled in four fundamental performance pillars, which included employee engagement (a 14-point increase to 83%), agility (a 12-point increase to 79%), engaging leadership (a 9-point increase to 77%), and talent focus (a 12-point increase to 77%), when compared to their average peers.

These outstanding performance indicators were evident in the following five (5) organizations, which were recognized as Kincentric Malaysia's Best Employers:

a) Lotuss Stores (Malaysia) Sdn Bhd
b) McDonald's Malaysia
c) PLUS Malaysia Berhad
d) Sunway Theme Parks; and
e) Tenaga Nasional Berhad

Ridhima said, "The business landscape and priorities have fundamentally shifted to become today's Brittle-Anxious-Non-Linear-Incomprehensible (BANI) world, creating a unique set of challenges for employers and markets alike. Organizations, including our Best Employer companies, are under pressure to meet employees' shifting expectations, and are going above and beyond to address these challenges head-on. Leading companies understand the need to adapt and redefine their talent strategy by building resilience, awareness and empathy, while leveraging on data to survive and thrive."

"Malaysia's employee engagement levels in H1 2022 have dipped below pre-COVID levels, from 70% in 2019 to 67%. Employee's intent to stay in the organization has also experienced a similar pattern, dropping five (5) points from 64% in 2019 to 59% in the same period. The lower scores indicate that many organizations are trying something new – testing, learning and refining – while others are holding back in the hope that things will go back to 'normal'. It is time to embrace change, and we are encouraged by the progress made by Malaysian employers," Ridhima added.

Sunway Theme Parks had also received recognition as the 'Best of the Best' for its outstanding demonstration of organizational agility and manager capability in support of employee wellbeing and development. Despite existing market challenges that impacted the theme park industry, the organization emphasized its commitment to its people through various strategic measures such as their 'Service Culture Program' and cross-departmental trainings, which deepened Sunway's corporate culture, and provided resilience and agility to respond to fluid business environments.

The 'Best of the Best' recognition was also awarded for Sunway Theme Parks' ability to engage with employees across levels and age groups in a consistent manner – a challenging feat that most organizations struggle with. The concerted efforts to engage its employees by creating a culture of recognition and in providing clarity and opportunities for career growth had allowed Sunway Theme Parks to develop a multigenerational employee experience, which meets the unique expectations of its millennial employees.

Calvin Ho, Executive Director of Sunway Theme Parks said, "At Sunway Theme Parks, we believe that it is the people that build the business. Only when our leaders reflect upon their strengths and weaknesses, then we are able to understand our colleagues and improve upon the dynamics of a team. By doing so, our leaders become more adaptable, are able to exercise empathy and can better impact our business. The sharpest of blades are often forged in the strongest of fires."

McDonald's Malaysia and Tenaga Nasional Berhad (TNB) were also awarded with Special Recognitions for their outstanding commitments to Building Purposeful Talent and Transforming Culture, respectively. Over the years, and especially in 2022, both organizations had demonstrated a steadfast dedication to developing and strengthening their internal structures to support talent development, offer meaningful career direction and pathways, and create a working environment which fostered growth and success.

"Congratulations to all the Kincentric Malaysia's Best Employers for their exceptional achievements in creating an engaging culture that prioritizes employees' voices, value, and performance. Their dedication to promoting this culture through courageous organizational changes is truly admirable," Ridhima concluded.

About Kincentric

Kincentric, a Spencer Stuart Company, helps organizations unlock the power of people and teams to ignite change and drive better business results. With decades of experience and specialist expertise in areas such as culture, employee engagement, leadership assessment and development, HR and talent advisory, and diversity, equity and inclusion, Kincentric uses data-driven insights to architect solutions that add value, enhance agility and increase organizational effectiveness. For more information, visit kincentric.com.

Image:
Chong Chye Neo, judge for Kincentric Malaysia's 2022 Best Employer program; Tuan Haji Wahizan bin Abd Rahman, Chief People Officer of Tenaga Nasional Berhad; Dato' Wahab Abu Bakar, judge for Kincentric Malaysia's 2022 Best Employer program, Melanie Lim, Senior Director – Restaurant Solutions Group, Training, Learning & Development of McDonald's Malaysia; Ridhima Khanduja, Market Leader for Kincentric Malaysia; Calvin Ho, Executive Director of Sunway Theme Parks; Datuk Zakaria Ahmad Zabidi, Chief Operating Officer of PLUS Malaysia Berhad; Puan Yasmin Mohd Ramzi, Head of People Strategy & Organizational Effectiveness, Tenaga Nasional Berhad; Alvin Low, Head of People of Lotuss Stores (Malaysia) Sdn Bhd; Dato' Hamidah Naziadin, judge for Kincentric Malaysia's 2022 Best Employer program. [L-R] ( https://acnnewswire.com/topimg/Low_Kincentric20230217.jpg )

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Job Market in Malaysia Thrives with 65% Increase in Retail Hiring: foundit Insights Tracker

KUALA LUMPUR, Feb 1, 2023 – (ACN Newswire) – Malaysia recorded a robust 21% year-on-year growth in e-recruitment activity in December '22 compared to the same month a year ago, according to the foundit Insights Tracker (fit), formerly published as Monster Employment Index (MEI). The growth is attributed to the country easing travel restrictions and opening its borders. The company Monster APAC & Middle East was rebranded as foundit in 'December 2022.

The Index stands at 76 with 3% month-on-month growth, driving a spree in hiring activity in December '22. According to fit, the job market has shown noteworthy growth month over month, projecting a continuous demand in the job market. Moreover, over the last three months, there has been a robust 10% growth in hiring across sectors, indicating a persistent demand in the labour market.

The retail industry experienced an impressive 65% increase in hiring activity year-over-year, primarily due to robust retail sales and an upward trend in consumer sentiment. The easing of Covid rules and regulations, fast-growing retail business, along with borders reopening to boost import/export and resume travel have aided the boost in retail jobs. Similar trends were observed in the hospitality sector, where job demand increased significantly by 55%. With a 34% increase in hiring activity, the BFSI sector also maintained its upward trend.

Commenting on job trends for December 2022, Sekhar Garisa, CEO, foundit APAC & ME, said, "The job market in Malaysia is showing strong and sustained demand, as reflected in the impressive growth numbers reported by the foundit Insights Tracker. This is a testament to the country's success in easing travel restrictions and reopening its borders, which has led to a surge in demand across various sectors, particularly in retail, hospitality, and BFSI. The overall picture is of resilience and growth, even though some sectors have experienced difficulties due to global economic uncertainty. We believe that this trend will persist in the upcoming months."

Other sectors that showed encouraging growth in December '22 are Logistic, Courier/ Freight/ Transportation, Shipping/ Marine (+32%), Oil and Gas (+1%), Production/Manufacturing, Automotive and Ancillary (+2%) and Engineering, Construction and Real Estate (+2%) sector from the year-ago level. The advertising, Market Research, Public Relations, Media and Entertainment industry also saw tremendous growth (+15%) in December 22, led by a surge in digital marketing initiatives and artificial intelligence (AI) deployment.

While the Index reflects a year-on-year hiring dip in IT, Telecom/ISP, and BPO/ITES by 13%, the monthly hiring demand in the sector has seen a notable increase. However, hiring in this sector has slowed in recent months, primarily due to ongoing global economic uncertainties.

Online recruitment surpassed the year-ago level in 8 of the 9 occupation groups monitored by the tracker, with Hospitality & Travel leading the charge at (+212%). This is due to the opening of land and air borders as the country has completely eased out of the Covid-19 pandemic and opened its land borders with Singapore. This factor has also contributed to the positive growth in Sales & Business Development job roles (+28%). The increased penetration of digitization across all sectors, followed by a pickup in Finance & Accounts (+29%) roles, registered an increased demand and has maintained resolute growth rates since April '21. However, among all monitored functions, customer service is the only one to have registered a de-growth of 17% in December '22.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.

Period for the report
The period considered for the foundit Insights Tracker (fit) data is 1st to 31st December, 2022.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and precision hiring. foundit strongly believes that a job title doesn't define one's potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Visit: www.foundit.my | https://www.foundit.in| https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.ph | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Surayyah Ahmad on Greater Participation for Nigerian Women in Tech

ABUJA, NG, Jan 2, 2023 – (ACN Newswire) – Surayyah Ahmad, Ethco Group Ltd co-founder and Executive Secretary of Startup AREWA has discussed the underrepresentation of Nigerian women in the tech industry, and women's effective participation and equal opportunities for leadership at all levels of decision-making in the tech ecosystem. She identified several important elements that can raise women's involvement in technology and help the nation achieve a balanced workforce.


Surayyah Ahmad, Ethco co-founder and Executive Secretary, Startup AREWA, discussed underrepresentation of Nigerian women in the tech industry and opportunities for leadership at all levels of decision-making in the tech ecosystem. [Image: Startup AREWA]


"Studies from all across the world are showing that women are underrepresented in the tech industry, despite recent headlines concentrating on tech hiring sprees and the underrepresentation of diverse populations. Although the reasons for this differ, it is known that many people's decision to seek a career in technology dates back to their elementary school years," she says.

Women hold only 18% of undergraduate computer science degrees and 26% of computing occupations, according to the Bureau of Labor Statistics (BLS). Since the 1990s, there has been a decrease in the proportion of women working in computer science-related fields, from 35% to 26% between 1990 and 2013. According to the United Nations, only one in five experts in technical disciplines like artificial intelligence are women.

Only 16% of females at the pre-university level have had tech occupations recommended to them, and only 3% of them originally planned to pursue careers in technology, according to a recent report by Price Waterhouse Coppers (PwC) survey on women in technology. This figure is less in conservative regions such as Northern Nigeria, which, according to a World Bank report, could take more than 40 years to catch up with the country's southern region.

Regardless of the disparity in accessing opportunities, women are starting to develop ideas and lead change through technology in their immediate contexts, despite the disparities in access. Things are gradually changing as more young women become interested in technology. Despite the underrepresentation of women in the tech industry globally, women have demonstrated a remarkable capacity to advance society, such as by reviving small and medium-sized businesses in Nigeria.

Surayyah cited two sisters in Nigeria as an example of this achievement of women in technology. The sisters took the initiative to create an app, which would provide technical support to micro, small, and medium-sized businesses. According to the sisters, Kesandu and Dumebi Nwokolo, the app is intended to assist budding entrepreneurs and serve as a stepping stone that will increase visibility and ostensibly display these abilities, goods and services to the world.

Ms. Odunayo Eweniyi, the Co-founder of Piggy Vest, has opined that in Africa, the normative beliefs that put women in subordination to men as a culture while encouraging patriarchy have put women on the sidelines of critical decision-making around the world. She says, "The lack of women in tech can't be explained away by innate biological differences. It is really down to a combination of systemic bias, men funding men, and a working culture that excludes women."

Surayyah states that more women from Northern Nigeria are coming up with programs to help Northern women get into tech. Start-up Kano run by Aisha Tofa, the Brief Academy run by Farida Yahya, and TTlabs are currently some of the female-led institutions driving the inclusion of northern women in technology, mostly by providing mentoring and sponsorship to technology institutions.

Giving girls early access to technology is a good start, but it's never too late to give women the chance to get the experience they need to start a career in technology. Organizations can create valuable technical talent development programs that promote women and help diversity in representation and ideas, which frequently results in even greater innovation.

"Through job shadowing or internships, these programs give women a chance to learn technical skills that they can use in real life. Participants can learn useful information and meet other people who are interested in the same things they are. Even the experience gained can help develop their talents and launch a technological career," Surayyah said.

About Startup AREWA

Startup AREWA was established to organize, empower and promote the Northern Nigeria technology and Startup Ecosystem, with the overarching goal of using technology and startups as a strategy to combat unemployment and poverty across the Northern Nigeria.

From the first Bootcamp at Bello Memorial Foundation Hall in Kaduna to a series of over 20 Bootcamps across Northern Nigeria, engaging over 5000 Startups with support from innovators and public-private leaders, Startup AREWA is implementing its strategic plan of promoting and providing real-time support to Startups.

Official website: https://startuparewa.ng
Facebook: https://facebook.com/startuparewa
Twitter: https://twitter.com/startuparewa
Instagram: https://www.instagram.com/startuparewa/
Email: hello@startuparewa.ng

For more information, please visit https://startuparewa.ng, write to contact@startuparewa.ng, or call us on +234 90 9685 9999.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SMI Vantage Appoints Well-Known Business Personality: CSR, ESG and Organisational Development Expert Leong Lai Yee to the Board

SINGAPORE, Dec 27, 2022 – (ACN Newswire) – SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Leong Lai Yee, Edna as an Independent and Non-Executive Director to the Board, effective 1 January 2023. She replaces Wee Sung Leng who is stepping down having served over nine years on the SMI Board, as part of the Board renewal process.

Ms Leong is currently the Deputy Director and Head, Communications, Partnerships & Fund Development of RSVP Singapore The Organisation of Senior Volunteers. RSVP is an Institution of Public Character and the National Centre of Excellence for Senior Volunteerism under the patronage of Mdm Halimah Yacob, President of the Republic of Singapore.

Ms Leong's extensive experience in marketing, investment, banking and consulting includes stints in some of the world's largest financial institutions. Following her passion for a more equitable and caring society, she has in recent years, been more involved in heading non-for-profit NGOs (non-governmental organisations) and social enterprises.

Commenting on Ms Leong's appointment, Mark Bedingham, President and Chief Executive Office said, "I am delighted to welcome Edna to our Board at the start of this new year. Besides her proven entrepreneurial talent, she brings with her valuable and deep experience in the areas of corporate social responsibility, corporate governance and organisational development. She has worked tirelessly over the years towards the goal of a more equitable and caring society and will help SMI develop a pathway to a more inclusive approach to its corporate responsibilities and a fresh approach to ESG related matters."

Ms Leong replied, "I am excited to be appointed to the Board of SMI Vantage and look forward to assisting SMI Vantage with its many new projects and businesses and being part of the company's next chapter in its business journey I would like to see the Company be a responsible and strong corporate citizen that is able to give back to society. Being personally involved with various social enterprises over the years, I am passionate about bringing more "heart" to all we do. I will work closely with Mark, the Board, and the rest of the leadership team to capitalise on the many opportunities ahead and usher in SMI Vantage's next chapter of growth and success."

The Company would also like to take this opportunity to thank Wee Sung Leng for his valuable contribution and advice to the Board during his extensive service with SMI.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee

SINGAPORE, Dec 27, 2022 – (ACN Newswire) – SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Jocelyn Chng as a member of the Advisory Board Committee, effective 1 January 2023.

Ms Chng is the Group CEO of JR Group Holdings, a one-stop solutions provider for the F&B industry with capabilities in food manufacturing, automated cafes, and corporate F&B management. Over the years, Ms Chng has won numerous awards, including ASME's Women Entrepreneur of the Year 2001, the Montblanc Businesswoman Award in 2003 and was selected by EY to participate in its 2018 Entrepreneurial Winning Women Asia-Pacific Program. Under Chng's leadership, JR Group opened the world's first Vendcafe serving hot meals in Singapore. Chef-in- Box Vendcafe is an unmanned and automated all-vending machine cafe.

Having been personally involved with developing multiple companies and platforms particularly in the F&B space, Ms Chng has a deep understanding of what it takes to scale businesses to the next level. "I am delighted to welcome Jocelyn to our Advisory Board. She brings a wealth of experience in the F&B space, having launched many highly successful ventures and growing JR Group Holdings to where it is today. As our Company enters the Robochef business, her expertise and experience will be highly relevant and extremely helpful in helping us grow this business and helping the company look at other related opportunities." said Mark Bedingham, President and Chief Executive Officer.

In reply, Ms Chng said, "I am honoured to be appointed to the Advisory Board of SMI Vantage and am excited to learn more about SMI Vantage's exciting projects. F&B is in the midst of transformation from being a labour-intensive industry, to one that leverages on technology and automation for higher productivity and return on investment. SMI Vantage's use of Artificial Intelligence and Robotics in the Robochef concept is a good example of this trend in the F&B industry. I look forward to working closely with Mark, the Board, and the rest of the leadership team to capitalise on the many opportunities ahead and usher in SMI Vantage's next chapter of growth and success."

SMI would also like to thank Kevin Shao for his valuable contributions and advice to the Company during his time with us at SMI.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high- tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap appoints Satyadeep Mishra as Chief Human Resources Officer

MOUNTAIN VIEW, Calif. and MUMBAI, India, Dec 19, 2022 – (ACN Newswire) – CleverTap, the World's #1 Retention Cloud today announced the appointment of Satyadeep Mishra as their new Chief Human Resources Officer. He joins from the hospitality-technology platform, OYO where he worked as the Chief Human Resources Officer for its technology, product, global functions and international markets teams.

With over two decades of experience working with the likes of Jio, Barclays and Bajaj Finserv among others, Satya brings with him a demonstrable history of leading teams and conceptualizing innovative HR strategies across domains of talent acquisition, training & development, and performance management. He also played a pivotal role in the transformational growth journey of Jio's core telecom and digital initiatives.

"We are excited to have Satya onboard. Having nurtured some of the industry's leading experts, quality talent has always been a top priority for CleverTap. And with Satya's immense experience, I have no doubt that he will lead our People Strategy and continue to build on our culture which puts employees first, as we go from strength to strength in our journey as global MarTech leaders", said Sidharth Malik, Chief Executive Officer, CleverTap.

"It's an absolute pleasure to be part of such a dynamic and exuberant team. The growth of CleverTap over the past few years is a testament to the capabilities and dedication of everybody involved with the team. The roles that HR functions play, not just in people strategy, but even in business, have become significant for more companies especially within the era of work from anywhere. I am elated to be working with like minded individuals that understand the importance of retaining and nurturing bright talent. I am confident that together, we can scale new heights and break conventional barriers while creating value not only for our customers, but also for our employees world over", said Satyadeep Mishra, Chief Human Resource Officer, CleverTap.

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and life-time value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 1500 customers, including Gojek, ShopX, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements.

CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Job Platform Monster Transforms to an End-to-end Talent Management Platform; Reinvents Itself as foundit

SINGAPORE, Nov 23, 2022 – (ACN Newswire) – Monster.com, leading global job search portal, today announced a significant milestone in its journey as it transforms to a full-fledged talent platform. Starting today, Monster will be known as 'foundit' with a new logo and vision, ushering in a new revolution in the job market.


Left to Right: Sekhar Garisa, CEO- foundit.in (previously Monster), Ajit Isaac, Non-Executive Chairman – Quess Corp and foundit.in, and investor Mohandas Pai unveil Monster's new identity as 'foundit' in Asia Pacific and the Middle East


Synonymous with recruitment, Monster has been serving more than 70 million job seekers and 10,000 customers spread across 18 countries. As the Company now transforms itself to an end-to-end talent platform, it will offer comprehensive solutions to recruiters and highly personalised and contextual services to job seekers across Asia Pacific and the Middle East. The transition is in line with the company's mission towards connecting the right talent with the right opportunities.

Speaking at the new brand unveiling event, Sekhar Garisa, CEO, foundit (previously Monster) said, "Technology is leading disruption across sectors and Talent Acquisition is no exception. The pandemic has fundamentally changed the way we work and the way we hire. We have been privileged to witness the talent acquisition landscape evolve over the last three decades, giving us an unparalleled depth of insights into recruitment. The platform of the future needs to cater to a highly dynamic job market, skill-based hiring & changing expectations from career. We are excited to unveil a new direction for Monster from simply facilitating job and candidate discovery to enabling significantly better talent management outcomes."

Commenting on foundit's role in realising its parent Quess Corp's future-forward strategy, Mr. Ajit Isaac, Founder and Non-Executive Chairman of Quess Corp and foundit, added, "Over the last 15 years, Quess has always been known for its service led offerings that have won the confidence of its associates and customers alike. As an institution, steadfast on our commitment to formalise jobs, we have been focusing on building a product-led portfolio that can help democratise access to formal employment across White, Blue and Grey collar workers. We acquired Monster APAC & ME with a vision to transform white-collar talent acquisition. Over the last couple of years, organisations experienced everything from the Great Resignation and the Great Regret leading to mass hiring at an unprecedented pace. But now as the market settles, hiring is going to be a lot sharper, focused and skill based. Such precision can only be achieved through the combination of human ingenuity and technology, and this is what we have to offer our recruiters and job seekers through foundit."

In 2018, Quess Corp acquired Monster Worldwide's APAC & ME businesses as a strategic investment to strengthen its HR services portfolio, and has been operating in Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, India, UAE and Saudi Arabia.

In 2021 Monster raised USD 18 Million in a funding round led by investors Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments to fuel its product led offerings and market expansion.

As part of its brand evolution, foundit is placing renewed focus on the users of the platform to bring forward the perfect career experience. By leveraging disruptive technology such as AI and ML for precision hiring to superior UI, the company aims to offer recruitment solutions unrivalled by any other player in the market. One of the key features that job seekers can look forward to is personalised job discovery. With foundit's customised search results feature, candidates will receive results and recommendations that are curated to their educational background, employment experience & validated skills. Other features include community lead mentorship marketplace, skills validation through assessments, mobile first UI, personalised recommendations, and self enhancement tools like upskilling courses.

As the market leader in offering recruitment solutions to the best in business, foundit is transforming into a platform that reflects and adapts to the diversity of the SEA job market. For recruiters, it will offer the richest data set for each candidate along with insights & analytics that will make the process efficient as well as customized for each role requirements. The new interface and features allow for seamless and smart interaction between recruiters and candidates.

About foundit in APAC & the Middle East

foundit, formerly Monster, is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has been assisting over 70 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep-tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn't define one's potential and leverages technology to dig deeper to curate opportunities central to the needs, aspirations, and dreams of each user.

To learn more, about foundit in APAC & Gulf, visit: www.foundit.sg | www.foundit.my
| www.foundit.id | www.foundit.hk | www.foundit.com.ph | www.founditgulf.com | www.foundit.in

Contact:
Neha Nayyar: neha.nayyar@monsterindia.com
Namrata Sharma: namrata.sharma@adfactorspr.com
+65- 81383034

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

FG Stops Importation of Digital Technology Products, Services, as Nigeria Intends to be Global Talent Supplier

ABUJA, NG, Oct 27, 2022 – (ACN Newswire) – As stakeholders in the Digital Economy sector from both within and outside Nigeria gathered in Abuja to brainstorm on the path to a sustainable digital economy in the country, the Federal Government (FG) declared that it would no longer accept importation of any digital technological product or service into the country "until and unless the country is convinced that capacity to develop such product and service is not readily available in the country."


Prof Isa Ali Ibrahim (Pantami), Minister of Communications & Digital Economy, during his address to the Digital Nigeria 2022 International Conference.

Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), during the opening address at Digital Nigeria 2022.

The Digital Nigeria 2022 International Conference, Exhibition and Awards, which runs from October 25 – 27, 2022 in Abuja, Nigeria. [Image: FITMA]

Deemah Yahya Alyahya, Secretary General, Digital Cooperation Organisation (DCO), delivering her Keynote Address at the Digital Nigeria 2022.

Ousman A. Bah, Minister of Communications & Digital Economy of The Gambia, delivering a Keynote Address at Digital Nigeria 2022 International Conference.


Prof. Isa Ali Ibrahim (Pantami), the Minister of Communications & Digital Economy, made the declaration during a special address at the Digital Nigeria 2022 Conference, Exhibition and Awards in Abuja (Oct 25~27). Formerly known as the eNigeria Conference, the annual event was re-branded as Digital Nigeria to expand its scope in line with the core objectives of the National Digital Economy Policy and Strategy (NDEPS).

Minister Pantami holds that wisdom behind the stoppage of importation of digital technological products and services gives effect to Executive Orders 003 of May 2017, and 005 of February 2018, which support "Local content procurement by ministries, departments and agencies of the Federal Government of Nigeria", and the "Planning and execution of projects, and promotion of Nigerian content in contracts and science, engineering and technology", respectively.

He stated further that "even in the employment position that is publicized, as long as there are Nigerians that have the capacities to take up the challenges, it is not allowed for you to bring somebody from outside the country, except in an agreement transferring knowledge, and 40% of our products and services must be retained for Nigerians."

The minister disclosed that his sector has been performing with increasing creditably in the last three years, making it the fastest growing sector and the highest contributor to Gross Domestic Product in the country. "The Digital Economy has in recent years recorded three unprecedented records. For example, contributing18.44% of GDP in the last quarter according to the National Bureau of Statistic."

Listing record achievements for the sector, Prof. Pantami further expressed that his Ministry had scored high grades in each of the eight ministerial deliverables he signed with President Muhammadu Buhari in 2019. He noted that his Ministry scored a very strong 173.86% average across the eight.

The scores in each deliverable were recorded as: implementation of broadband connectivity -134%; deployment of 4G across the country – 127%; digitalising government functions and processes – 99%; development and implementation of a National Digital Economy Policy and Strategy – 103%; implementation of a Digital Identity Programme – 86%; improvement and optimisation of revenues from all operators and licensees in agencies under the Ministry's supervision – 594%; active collaboration with private sector to create jobs – 111%; empowerment of citizens – 137%.

According to the Minister, the sector used to contribute an average of N51 billion (approx. US$118 million) quarterly to the government's coffer, but in the last three years, quarterly remittance has grown to N408 billion (approx. US$ 935 million). "And you cannot appreciate this until you know how difficult it is to generate funds for government. We remit all that we generate to the government, while others spend without generating," he noted.

He expressed the vigor in implementation of the various pillars of NDEPS, facilitating the unprecedented achievements the sector is recording since the policy was approved in October 2019. He listed the eight pillars to include: Developmental Regulation; Digital Literacy and Skills; Solid Infrastructure; Service Infrastructure; Soft Infrastructure; Digital Service Development and Promotion; Digital Society and Emerging Technologies; and Indigenous Content Promotion and Adoption.

The Minister revealed that the under the Service Infrastructure pillar, IT project clearance alone has saved the Federal Government over N44 billion in the last year, with the clearing of 1,600 projects which have to do with the automation of government processes in order to save funds, improve precision and accuracy, and promote accountability.

He said, "In order to simplify the implementation of each of the pillar, we developed other implementation policies under each pillar; under some pillars we have developed three to four policies. Within the last three years, we have developed 19 national policies and at least 17 of them are being implemented today – and this is unprecedented."

While noting the Ministry's achievements in capacity building, Prof. Pantami disclosed that 863,232 Nigerians have been trained on cutting edge and highly demanded digital skills, adding that the training identified a global vacuum in the digital sector, and focused on the provision of skills to citizens such that they could fill the vacuum. In addition, according to the Minister, over 2,000 IT centres have been established across the country.

He said the many regulatory instruments developed by his Ministry and its parastatals led to the initiation and ultimate passage of the Nigeria Start-Up Bill by the National Assembly, signed into law by President Muhammadu Buhari last week to become the Nigeria Start-up Act.

While commending President Buhari and National Assembly for the speedy passage and assent, the Minister described the legislation as "organic, because inputs were sought from the Start-Up ecosystem, and all its challenges are accommodated." He said passage of the Bill has attracted global commendation, noting the Massachusetts Institute of Technology, which indicated it would be learning from Nigeria's experience.

Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), giving the opening speech at Digital Nigeria 2022, expressed optimism that with the several initiatives the ministry and all its parastatals are putting in place, Nigeria can become the global talent supplier in the tech ecosystem in no distant time.

He said Nigeria is doing a lot in trying to position itself in the area of talent development because technology has two components; the technology, and the people side, or IT talent, which is abundant in Nigeria. According the Director General, if Nigeria could harness her talents in the tech ecosystem, it would need nothing else "because our talent alone is estimated at 8.5 trillion USD market value, and Nigeria has the capacity to fill the global talent gap."

He assured that, "We have done it in the sport industry. We have done it in the music industry, and we are going to do it in the tech industry," adding that the country would also explore how to use Emerging Technologies to create and capture value from the tech ecosystem.

While recalling that the Minister recently signed a Memorandum of Understanding with Microsoft Corporation to train 5 million Nigerians, the NITDA boss disclosed that there were "several other initiatives, like the training of 1 million developers in the next 18 months, geared towards positioning Nigeria to bridge the global talent gap."

He described digital transformation and sustainability as increasingly important and intertwined phenomena that are full of promises and pitfalls. "To achieve sustainability, you need strategy to realise the promises while avoiding the pitfalls," he observed.

Inuwa noted that the Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim (Pantami) has designed an approach to succeed in the digital economy sector. The Minister uses a three part gain : unleash the creative offence to position Nigeria as a leader in the digital economy, initiatives to strengthen the midfield in terms of processes, policies and legal framework, and initiatives to tide up the defense which is to explore technology to enhance processes and services which include the e-government master plan, and initiatives around infrastructure to connect the unconnected.

On the recently passage of the Nigeria Start Up bill, now an Act after the President's assent, the Director General averred that the Act would provide legal instrument for Nigeria to become a start-up nation. "With the president assenting to the bill, it will help us position ourselves to disrupt and not to be disrupted because it is through start-ups you can come up with disruptive ideas with innovations to create Innovation driven enterprises, and we are implementing several initiatives to achieve that.

"We have an MIT REAP programme, we are working with JAICA, and we have several other initiatives aimed to strengthen the ecosystem, that is why Nigeria's ecosystem is the most vibrant ecosystem in all of Africa. Out of seven unicorn companies in Africa, five originated from Nigeria and we have three more to join soon," he added. Inuwa however solicited the cooperation of others because digital transformation cannot be achieved in silos.

"We believe digital transformation needs collaboration. We need everybody on board. Government has its own roles; to create policies, to intervene in terms of regulations and legal framework and you all have your own roles to play. Academia produces the human capital; we need the innovators to come up with innovative ideas, we need the venture capitalists to invest, and we need you, our guests from abroad, to learn from your experience.

"At the end of this, we are looking forward to ideas that will promote what government is doing so that Nigeria can have a sustainable digital economy," the NITDA boss concluded.

Gambia's Minister of Communications and Digital Economy, His Excellence, Mr. Ousman A. Bah, a keynote speaker at the conference, enjoined African countries to embrace digital transformation stating that "digital transformation required the need for visionary leaders that have purpose and purpose that has destiny and destiny has address."

He noted that adoption of blockchain technologies would speed up the continent's drive for digital transformation which will promote other emerging technologies such as data protection, cyber security, digital inclusion and entrepreneurship.

While acknowledging that Blockchain has many benefits such as financial inclusion and nurturing of small scale businesses, he stated that the technology comes with its challenges, and there are significant challenges to overcome before the benefits of Blockchain could be realised. According to Mr. Bah consumer protection and system network risk can slow down the pace being recorded.

He noted that Central banks in African countries need to be proactive to explore the technological advancement that Blockchain offers to promote digital inclusion advising that many countries need to embrace financial inclusion. "Countries in Africa are at the different stages of progress when it comes to allowing financial privacy from other sectors like telecom sector other than the banks."

In her keynote address, the Secretary General of the Digital Cooperation Organisation (DCO) Deemah A. Alyahya sued for bridging the gender digital divide that exists, maintaining that access to information should be all inclusive. "We need to promote digital inclusion and ensure that we bridge the digital gender divide that is prevailing because women occupy very important roles in our journey toward digital transformation."

In his goodwill remark, the Minister of Information and Culture Alhaji Lai Muhammed commended the ministry and parastatals under the leadership of Prof. Pantami for deepening the digital inclusion in the country through many of their initiatives. He stated that the sector remains the fastest growing sector which has been helping the nation in its drive for economic diversification.

Other dignitaries at the conference were the Chairman, Senate Committee on ICT and Cyber Crime, Senator Yakubu Oseni, representatives of ministers of Special Duties, the Minister of State for Health, Service Chiefs, captains of industry, IT enthusiasts, tech start-ups and innovators.

A highlight of the event was the unveiling of a book titled "Isa Ali Ibrahim Pantami: Advancing Nigeria's Drive Toward a Digital Economy", published in honour of the Minister.

By Lukman Oladokun in Abuja.
Digital Nigeria 2022 International Conference, Oct 25-27.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com