Key Financial Performance Highlights for Q4FY2024:
Year-on-year (“YoY”) revenue increase of 7.5% to RM70.5 million, with significant flow through to deliver high double digits in bottom line numbers;
Profit before tax (“PBT”) for the quarter rose by 40.4% to RM19.1 million, with an improved YoY margin of 27.1% versus 20.7%;
Profit after tax (“PAT”) for the quarter rose by 59.5% to RM17.7 million, with an improved YoY margin of 25.1% versus 16.9%.
BANGI, Malaysia, May 28, 2024 – (ACN Newswire) – Technology leader in providing fully customised, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”) recorded another consistent and solid quarter performance, maintaining a healthy momentum with a 7.5% year-on-year YoY increase in revenue for the quarter to RM70.5 million from RM65.6 million in Q4FY2023. Genetec’s PBT and PAT rose to RM19.1 million and RM17.7 million or by 40.4% and 59.5% respectively, for the quarter under review versus RM13.6 million and RM11.1 million a year ago.
On the overall, the Company’s solid performance for the quarter saw an improvement across all key financial indicators due to continued costs and operational efficiency that allowed the flow through of its top line to boost bottom-line numbers. Performance highlights for the quarter include, a 33.0% gross profit (“GP”) margin versus 29.0% in the preceding year reflecting a 4.0% YoY increase, a 27.1% PBT margin versus a 20.7% margin in Q4FY2023, and a PAT margin of 25.1% versus 16.9% in the preceding year.
Chin Kem Weng, Co-founder and Managing Director of Genetec, commented, “Despite ongoing market volatility, uncertainties and concerns especially in the automotive, Electric Vehicle (“EV”), and renewable energy (“RE”) sectors, Genetec has been consistent in our performance. This is due to the Group’s ability to convert our opportunities to orders, especially in securing recurring orders from existing clients. Our high client retention rate is also a key factor to our success and in building our pipeline. Our teams have been and will continue to work closely with our clients to improve on current solutions, as well as to collaborate on new opportunities with other divisions within our client groups to grow our revenue over the long-term.
The EV and Energy Storage (“ES”) segments remain Genetec’s primary revenue contributors and are expected to anchor our earnings prospects in the coming quarters. We are however, actively looking to diversify our revenue sources within these segments to cater to different areas within automotive manufacturing. As our revenues normalise over time, we are focused on increasing cost efficiencies from recurring orders, whilst ensuring quality delivery across all our projects.”
The Group remains confident in its position as a key solutions provider for manufacturing automation for its key clients in the automotive industry that serve the EV and plug-in hybrids (“PHEV”) platforms. To remain competitive, Genetec is constantly enhancing its capabilities and solutions to cater to either platform. At the same time, the Group is engaging closely with its clients and the industries to remain at the forefront of development and planning.
In closing, Chin highlighted his optimism on the prospects for the RE industry. He added, “Growth for RE storage solutions are expected to rise in tandem with the need for clean energy sources as the world continues to replace fossil-based energy with RE sources for industrial, commercial and residential purposes. The most immediate shift is in the transport system where we see efforts to improve the local and international charging infrastructure for EVs especially. From the manufacturing automation perspective, autonomous robotics and software-defined automation are poised to revolutionise industry operations. As a result, Genetec anticipates an increase in demand for our key solutions in automation and energy storage as clients continue to execute their production plans.”
At the end of the quarter, Genetec’s earnings per share (“EPS”) stood at 2.21 sen (basic) compared to 1.50 sen (basic) in Q4FY2023.
About Genetec Technology Berhad
Genetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for our global customers in the Electric Vehicle (EV), Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors.
KUALA LUMPUR, May 28, 2024 – (ACN Newswire) –PROPEL GLOBAL BERHAD (“Propel Global” or the “Group”), a provider of oil and gas (“O&G”) services, today announced its financial results for the third quarter of fiscal year 2024 (“Q3 FY2024”). The Group recorded an impressive revenue of RM65.8 million, marking a significant increase of 166.1% from RM24.7 million in the corresponding quarter of the previous year (“Q3 FY2023”).
Ms. Angeline Lee, Executive Director / Group Chief Executive Officer of Propel Global
The Group reported a loss before tax (“LBT”) of RM2.1 million for Q3 FY2024 compared to a profit before tax (“PBT”) of RM0.9 million in Q3 FY2023. This decline is primarily attributed to higher corporate administrative expenses such as professional charges and staff costs. The expenses in Q3 FY2024 included the charge for the share-based payment/share grant, and the incentive bonus payment. These expenses are essential for retaining and investing in human capital as the Group is mostly service-driven, hence, people are the key assets.
In the O&G segment, revenue reached RM30.1 million and PBT stood at RM3.3 million, reflecting an increase from RM12.1 million and RM2.7 million respectively in Q3 FY2023. This growth is driven by ongoing projects such as the Engineering, Procurement, Construction & Commissioning (“EPCC”) projects and the Marine Heating Ventilation and Air-conditioning (“HVAC”) projects.
The Technical Services segment also reported strong performance with revenue of RM33.5 million and PBT of RM0.6 million in Q3 FY2024, compared to RM12.6 million and RM1.1 million respectively in Q3 FY2023. The increase in revenue is mainly contributed by a construction project of an electronics factory in Chuping, Perlis, although the profit margin from existing projects was lower than the short-term projects in the previous year.
The newly introduced Information and Communications Technology (“ICT”) segment contributed RM2.2 million in revenue and RM0.8 million in PBT, showcasing the Group’s strategic diversification and adaptability.
Additionally, Propel Global maintained a healthy cash position with cash and cash equivalents at the end of the period at RM20.3 million for the nine months ended 31 March 2024, well positioning the Group to undertake internal funding for future projects.
Ms. Angeline Lee, Executive Director / Group Chief Executive Officer of Propel Global commented, “Our Q3 FY2024 results reflect our commitment to strategic growth and adaptability in a dynamic market environment. The significant increase in revenue and our healthy cash flow position demonstrate our ability to capitalise on new opportunities and execute our projects effectively. As a new management team, we are focused on leveraging our strengths and pursuing sustainable growth initiatives to enhance value for our stakeholders.”
She added, “A healthy cash position ensures that we can meet our financial obligations on a timely basis, seize opportunities, and invest in people and technologies. With our healthy cash flow, we are capable of continuing to drive further growth for Propel Global.”
Moving forward, Propel Global will focus on completing existing projects while consistently bidding for new ones to drive sustained growth. The new management team is committed to strategic realignment and operational efficiency, setting a clear distinction from previous management approaches.
KUALA LUMPUR, May 21, 2024 – (ACN Newswire) – Spritzer, Malaysia’s leading mineral water brand, is excited to present “Plastic Reimagined,” an interactive and educational experience to inspire Malaysians to see plastic waste in a new light and raise awareness about recycling. Visitors to the 5-day event will have the opportunity to get up-close and personal with upcycled items and participate in a variety of exciting activities.
Second life of Recycled Plastic Bottles Process
This immersive event will be happening from May 22nd to 26th, 2024, at IOI City Mall in Putrajaya. Event highlights include the Spritzer upcycling art exhibition and a series of engaging activities designed to inform the public about the importance of recycling and the potential second life of recycled plastics.
Spritzer’s ‘Plastic Reimagined’ event represents a bold step towards a future rooted in sustainability and circularity, particularly in encouraging individuals to view plastic waste as a resource rather than refuse. By showcasing creative recycling methods and the potential of plastic, the event aims to transform the perception of waste, especially plastic waste, and demonstrate how every piece of plastic can be given a second life by turning it into something beautiful or functional. The ultimate goal of the campaign is to foster sustainable mindsets among Malaysians.
Spritzer’s goal is to become a fully circular brand by 2030 and the company has been actively seeking new ways to integrate sustainable practices into their business and lifestyle. They are also leading innovation in packaging by using recycled materials (rPET), with the packaging being 100% recyclable. ‘Plastic Reimagined’ is part of Spritzer’s ongoing efforts to change perceptions and aims to facilitate a shift towards more eco-friendly mindsets, where every piece of plastic has a purpose and a second life.
To that end, visitors to the ‘Plastic Reimagined’ event can look forward to a diverse range of activities and exhibits, including:
Plastic Bottles Recycling: Bring any 3 used plastic items, such as Spritzer bottles, to recycle and receive a complimentary Spritzer tote bag.
Exploring the Second Life of Recycled Plastic & Interactive Showcase: Learn how recycled plastics are processed and upcycled through engaging displays, providing a first-hand look at how plastics are transformed.
Succulent Planting Workshops: Learn sustainable practices through succulent planting workshops using recycled materials to incorporate eco-friendly techniques at home and in the garden.
Upcycling Art Exhibition: Experience stunning art installations made from recycled Spritzer plastic bottles by homegrown artists, showcasing the endless creative possibilities of upcycling. The featured artists include:
CO2_karbondioksida by Celine Tan & Oscar Lee: Husband-and-wife duo from Muar, Johor. Celine Tan and her husband, Oscar Lee, created the Co2 art collective in response to the urgent need to raise awareness about the significance of producing less waste for the welfare of the earth. They are renowned for constructing colossal recycled marvels.
Artsy Daphy: Celebrated for her vibrant works fusing traditional and contemporary styles, Artsy Daphy explores local heritage while promoting environmental awareness.
Mereka by Biji-Biji Group: Mereka designs and implements training programs to inspire and equip future leaders in various industries. At the core of Mereka is a commitment to sustainability, incorporating eco-friendly practices and technologies that support innovative projects and environmental sustainability.
The ’Plastic Reimagined’ campaign is part of Spritzer’s ongoing efforts to drive positive change and contribute to a more sustainable future for Malaysia. By engaging the community through interactive experiences and thought-provoking art, the brand aims to shift mindsets and behaviours towards a more conscious and responsible approach to plastic waste management.
Plastic Reimagined is open to the public from 22nd to 26th May between 10AM and 10PM at the Ground Floor, West Court of IOI City Mall in Putrajaya
Please download the high-res images from this link.
About Spritzer:
Established in 1989, Spritzer Group has been a pioneer in providing Malaysians with natural mineral water sourced from a 440-acre green rainforest. Committed to innovation, Spritzer Group leads the Malaysian bottled water industry through manufacturing, distribution, marketing, and sales of its diverse product line. From renowned natural mineral water to refreshing non-carbonated fruit-flavoured drinks, each product is carefully crafted to meet consumer needs.
Comprising eight business subsidiaries, Spritzer Group specializes in the production and distribution of silica-rich natural mineral water, sparkling natural mineral water, distilled drinking water, carbonated fruit-flavoured drinks, and non-carbonated fruit-flavoured drinks.
With over 30 years of experience, Spritzer Group is Malaysia’s largest and only listed bottled water producer. For more information, please visit www.spritzer.com.my.
BANDUNG, INDONESIA, May 20, 2024 – (ACN Newswire) – Bengkel Animasi is collaborating with the Ministry of Industry and the Ministry of Communication and Information to organize BEAST (Bengkel Animasi Digital Arts & Creative Festival) 2024, on Saturday, 25th May in the City of Bandung.
Bengkel Animasi is collaborating with the Ministry of Industry and Ministry of Communication and Information to organize BEAST 2024 (Bengkel Animasi Digital Arts & Creative Festival) on May 25.
BEAST 2024 is back post-pandemic to be held on-site and is intended to become a place for all of the digital arts and creative industry stakeholders to exchange information and create collaboration, ranging from animation & games companies, professionals, educational institutions, students and government representatives.
BEAST 2024 is presenting speakers from the Animation, Comics, Games, Illustration and Intellectual Property industry: Ronny Gani (CEO of Bengkel Animasi & Senior Animator on Avengers, Pacific Rim, Transformers), Shieny Aprilia (CEO of Agate International), Daryl Wilson (CEO of Kumata Animation Studio), Anintyas Wening (Operational Manager of Brown Bag Films Bali), and Bryan Valenza (Exclusive Color Artist at Marvel Entertainment).
These professionals will share their experiences from their career journeys working in established international companies. This will help increase the audiences’ knowledge and perspective in developing their business and skills.
Ronny Gani, CEO and Co-founder Bengkel Animasi explains, “Digital Art and Creative industry has experience a significant growth within the last few years. A lot of local companies question whether to create their own products or to provide services for international clients. Through BEAST, we want to synergize all of the industry stakeholders, especially for the business and human resources. We hope that the industry growth can be more optimal, and most importantly, human and talent resources regeneration can take forth on to the youth in becoming future professionals that are able to compete internationally. That is the motivation for us in Bengkel Animasi, a company that focuses in developing the future talents, through multiple programs; training centers, events organization, and 3D animation service provider.”
Daryl Wilson, CEO of Kumata Studio and the chairman of AINAKI (Asosiasi Industri Animasi Indonesia), who is also going to be one of the speaker at BEAST 2024, explains: “Indonesia will experience a significant increase of demographic within the next 10-15 years, and will require a lot of new opportunities. Given the nature of its production that requires a lot of human resources, animation industry will be able to create huge new jobs and opportunities, while also creates new Intellectual Property (IP) products and provides animation service production to domestic and international markets.
AINAKI is supporting Bengkel Animasi with their BEAST events, as it will create networking opportunities amongst the stake holders. Based on AINAKI’s research, there was a 26% growth within the last 6 years, whereas the amount of animation studios are increasing more than 200% in each year. Therefore, AINAKI is committed to collaborate with more entities in order to grow the animation sector in accomplishing Indonesia Emas that is set out by the government.”
Anintyas Wening, Operational Manager of Brown Bag Films Bali, who is also a speaker at BEAST 2024 says, “Brown Bag Films Bali believes that BEAST has a significant impact in the growth of Indonesia’s animation industry. We are looking forward in sharing our experience and insights at the event in order to provide knowledge and strengthening the animation ecosystem in Indonesia.”
BEAST 2024 registration is available at: bit.ly/beast2024bgd
MANILA, Apr 30, 2024 – (ACN Newswire) – Building on the resounding success of the Retail & E-commerce Summit Asia (RESA) held across Southeast Asia last year, rockbird media sets the stage for the summit’s next edition in Manila themed, “Retail Revolution: Setting the Landscape Ablaze”.
The Philippines has emerged as a digital powerhouse, boasting 85.16 million internet users and a penetration rate of 73.1% as of 2023. With the e-commerce sector playing a pivotal role in the country’s economic landscape, the Retail & E-commerce Summit Asia 2024 comes at an opportune time to explore its evolving dynamics.
Set to take place on July 17-18, 2024, at Shangri-la The Fort, BGC, Manila, this two-day summit will serve as a platform for over 100+ C-level executives, directors, and industry leaders from renowned companies to converge, share insights, and discuss the challenges, trends, practical strategies, and innovations shaping the retail sector.
Attendees can look forward to thought-provoking speakers, engaging keynote presentations, insightful panel discussions, interactive breakout sessions, 1-to-1 meetings, and an opportunity to explore booths from various solution providers.
Embrace the future of retail! Seize this opportunity to learn, collaborate, and innovate with industry experts and peers
For more information, including registration details, the in-depth agenda, speaker updates, pricing, and more, please visit https://resa.rockbirdmedia.com/
About rockbird media
Rockbird media is an international business media company that produces B2B events and offers business solutions.
Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.
HANOI, Vietnam, Apr 30, 2024 – (ACN Newswire) – The 16th Annual Global CSR & ESG Summit and Awards™ 2024 came to a triumphal close, marking another milestone in the realm of achievable corporate social responsibility (CSR) and environmental, social, and governance (ESG) initiatives.
Mr Matthias Gelber, known as the ‘Green Man,’ recognizable for his strong commitment to sustainability as well as his iconic green batak shirt, officially opened the Summit.
Hosted by The Pinnacle Group International in collaboration with co-organizer the Sustainable Technology Centre, this year’s summit brought together industry leaders, experts and policymakers to explore innovative strategies and solutions towards a sustainable future.
Ms Aparna Rajesh, Consultant to Sustainability & Academic Interface at Tata Consultancy Services, shares insights on leveraging employee talent, business models and assets for impactful transformation.
The event witnessed insightful discussions, engaging panels, and thought-provoking keynotes, delving into pressing issues such as climate action, diversity and inclusion, ethical governance, and community engagement. Attendees gained invaluable perspectives and actionable insights, fostering collaborations to drive positive change across sectors.
Mr Aru David, Director of Assist in the Mekong Region, moderates a panel on Efficient ESG Governance, Transforming Commitments into Measurable Actions. The panel features Mr Pham Hai Au, PwC Vietnam, Mr David Jackson, Avison Young, and Ms Mai Thi Thanh Huong, Sanofi. (L to R)Dr Stefan Phang, Global Director of Sustainability & Creating Shared Value at Solenis, moderates a panel on “Elevating Governance from Good to Exceptional, Advocating for Diverse Talent through Actions, Not Just Words”. The panel features Dr Ir William L Nolten from ReXil Asia, Ms Nusheen Nalwala from Tata Consultancy Services, Mr Florian Johannes Beranek from the Central & Eastern European Chamber of Commerce in Viet Nam, and Mr Victor Dulait from the Belgian-Luxembourg Chamber of Commerce in Viet Nam. (Left to Right)Prof Dr Geoffrey Williams, Founder of Williams Business Consultancy, moderates a panel on “Opportunity and Risk: Linking ESG to Strategy for the Creation and Preservation of Sustainable Long-Term Value”. The panel features Mr Andika Dwi Saputra from Evermos, Mr Ts. Mahmood Long from Sarawak Energy, Ms Vu Tra My from Home Credit Vietnam, and Mr Rahul Gupta from McKinsey & Company. (Left to Right)
Highlights of the Summit:
Keynote Address: Ms Aparna Rajesh, Consultant, Sustainability & Academic Interface, APAC, Tata Consultancy Services, delivered an inspiring keynote on “How Corporates Can Leverage Their Employee Talent, Business Models, And Assets to Create Deep Impact That Drives Transformational Change.”
Topic: “Enhancing Healthcare Accessibility and Sustainability” featured Ms Le Thuy Anh, CEO of Vinmec Healthcare System, who shared insights into Vinmec’s dedication to CSR & ESG principles.
Panel Discussion: “Opportunity and Risk: Linking ESG To Strategy for the Creation and Preservation of Sustainable Long-Term Value,” moderated by Prof. Dr Geoffrey Williams, Founder and Director of Williams Business Consultancy Sdn Bhd, featured panelists including Mr Ts. Mahmood Long from Sarawak Energy, Mr Andika Dwi Saputra from Evermos, Ms Vu Tra My from Home Credit Vietnam, and Mr Rahul Gupta from McKinsey & Company.
Topic: Ms Rohini Samtani, Sustainability Solutions Manager at S&P Global Sustainable1, led a discussion on “ESG Ratings and Transparency: Advancing Sustainable Finance.”
Panel Discussion: “Elevating Governance from Good to Exceptional: Advocating for Diverse Talent through Actions, Not Just Words,” moderated by Dr Stefan Phang, Global Director of Sustainability & Creating Shared Value at Solenis, with panelists including Dr Ir. William L Nolten from ReXil Asia, Ms Nusheen Masters from Tata Consultancy Services, Mr Florian Johannes Beranek from the Central and Eastern European Chamber of Commerce in Vietnam, and Mr Victor Dulait from the Belgian-Luxembourg Chamber of Commerce in Vietnam (BeluxCham).
Topic: Mr Lokender Singh and Mr Desmond Soh, Co-founders of Nutri-Buddy Pte Ltd, shared their expertise on “Sustainable Food Practices: Essential ESG Factors for the Food & Beverages Industry.”
Final Thoughts: The event ended with a final thought by Guest Speaker and Advisor Prof. Dr. Richard David Hames, Founder & Executive Director of the Centre for The Future and Fellow of the World Academy of Art & Science, Advisor to Sustainable Technology Centre. He encouraged attendees to continue their good efforts in CSR and ESG initiatives, emphasizing that continuous efforts will contribute to making the world a better place.
We extend our gratitude to our co-organizer, the Sustainable Technology Centre, for their unwavering support and dedication in making this summit a resounding success. Their commitment to sustainability and technological innovation has been instrumental in advancing our shared mission.
S&P Global’s Sustainability Solutions Manager, Ms Rohini Samtani, leads a discussion on “ESG Ratings and Transparency: Advancing Sustainable Finance.”Co-founders of Nutri-Buddy Pte Ltd, Mr Lokender Singh and Mr Desmond Soh, share expertise on “Sustainable Food Practices: Essential ESG Factors for the Food & Beverages Industry.”
We are also indebted to our sponsors, S&P Global Market Intelligence and Nutri-Buddy Private Limited, whose generous support has played a pivotal role in bringing this event to fruition. Their commitment to promoting sustainable practices and corporate responsibility exemplifies the spirit of the summit.
Mr Pham The Dung, Deputy Director General, the State Agency for Technology Innovation (SATI) at the Ministry of Science and Technology of Vietnam (MOST), honoured the 16th Annual Global CSR & ESG Summit and Awards with his presence, inaugurating the awards with an address.
The summit ended with the awards segment The Global CSR & ESG Awards™, graced by Guest of Honour, Mr Pham The Dung, Deputy Director General, State Agency for Technology Innovation (SATI), Ministry Of Science And Technology Of Vietnam (MOST), and Ms Dang Ngoc Han, crowned Miss Vietnam 2010, a renowned beauty queen, Ao Dai designer and businesswoman in Vietnam. She serves as Deputy Director of Ninh Van Bay JSC and is the Founder and CEO of Ao Dai Ngoc Han.
The award categories for this year are:
– Best Environmental Excellence Award – Best Community Programme Award – Excellence In Provision Of Literacy & Education Award – Empowerment Of Women Award – Best Workplace Practises – CSR & ESG Leadership Award – Product Excellence Award – Best CEO – Best Corporate Communications & Investors Relations Team
This year, we also have award categories recognizing the companies at the forefront of their respective industries and countries. The award categories are:
– Best In Thailand – Best In Indonesia – Best In Cambodia – Best In Viet Nam – Best In Philippines
Winners of the 16th Annual Global CSR & ESG Awards – 2014, are:
Best Environmental Excellence Award
o Market Cap: USD 1 Billion and Above – Platinum: Kuala Lumpur Kepong Berhad, MY – Gold: PT Pertamina Hulu Energi Offshore North West Java, ID – Silver: PT Chandra Asri Pacific Tbk, ID – Bronze: PT Astra International Tbk, ID
o Market Cap: USD 500 Million to USD 1 Billion – Platinum: PT Pertamina Patra Niaga Fuel Terminal Sanggaran, ID – Gold: PT TEP Indonesia, ID
o Market Cap: Less than USD 500 Million – Platinum: PT Kilang Pertamina Internasional Refinery Unit II Sei Pakning, ID – Gold: PT Kilang Pertamina Internasional Refinery Unit IV Cilacap, ID – Silver: PT Pertamina Patra Niaga Integrated Terminal Wayame, ID – Bronze: Hope Foundation, MY
Best Community Programme Award
o USD 1 Billion And Above in Market Capitalization – Platinum: Vinmec Healthcare System – Gold: PT Pertamina Patra Niaga Regional Sumbagsel, PT Adaro Minerals Indonesia, Sanofi, PT Chandra Asri Pacific Tbk, PT Pertamina Patra Niaga AFT Supadio – Silver: San Miguel Corporation, PT Pertamina DPPU Juanda, PT Pertamina Hulu Energi Offshore North West Java, Sarawak Energy Berhad – Bronze: Pertamina EP Sukowati Field Corp, PT Pertamina Patra Niaga Integrated Terminal Pontianak, PT Pertamina Patra Niaga Integrated Terminal Surabaya
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: PT Pertamina Patra Niaga Integrated Terminal Balikpapan– Gold: PT Kalimantan Prima Persada– Silver: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS)– Bronze: Samsung Electronics Vietnam Co., Ltd
o Less Than USD 500 Million Market Capitalization – Platinum: PT Badak NGL – Gold: PT Kilang Pertamina Internasional Refinery Unit II Sei Pakning, Smilegate Foundation, Diversey Viet Nam, PT Kilang Pertamina Internasional Refinery Unit VI Balongan, PT Pertamina Patra Niaga Fuel Terminal Maos – Silver: PT Pertamina Patra Niaga Integrated Terminal Cilacap, PT Pertamina Patra Niaga Fuel Terminal Ternate, PT Pertamina Patra Niaga Fuel Terminal Rewulu, PT Pertamina Patra Niaga Integrated Terminal Semarang, PT PLN Nusantara Power Up Gresik – Bronze: Indonesia Infrastructure Guarantee Fund, Central Retail Thailand, PT Pertamina Patra Niaga Regional Jawa Bagian Tengah DPPU Ahmad Yani
Excellence In Provisional Of Literacy & Education Award
o USD 1 Billion And Above in Market Capitalization – Platinum: Samsung Electronics Indonesia – Gold: Bridgestone Asia Pacific – Silver: PT Pertamina Hulu Mahakam – Bronze: Kuala Lumpur Kepong Berhad
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: Samsung Electronics Vietnam Co., Ltd – Gold: PT Kalimantan Prima Persada
o Less Than USD 500 Million Market Capitalization – Platinum: PT Kilang Pertamina Internasional Refinery Unit IV Cilacap – Gold: PT Kilang Pertamina Internasional Refinery Unit III Plaju
Best Workplace Practises
o USD 1 Billion And Above in Market Capitalization – Platinum: Vinmec Healthcare System – Gold: Danone Indonesia
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS)
o Less Than USD 500 Million Market Capitalization – Platinum: PT Kilang Pertamina Internasional Refinery Unit II Sei Pakning
Best CEO
o Less than USD 500 Million in Market Capitalization – Platinum: Indonesia Infrastructure Guarantee Fund – Gold: BHG Retail Trust Management Pte Ltd
Empowerment Of Women Award
o USD 1 Billion And Above in Market Capitalization – Platinum: Vinmec Healthcare System – Gold: Sarawak Energy Berhad – Silver: San Miguel Corporation – Bronze: Pt Agincourt Resources
o USD 500 Million to USD 1 Billion in Market Capitalization – Platinum: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS)
o Less Than USD 500 Million Market Capitalization – Platinum: Bridgestone Asia Pacific – Gold: EVERMOS – Silver: Mahkota Medical Centre
Product Excellence Award
o USD 1 Billion and above in Market Capitalization – Platinum: Danone Indonesia
o USD 500 Million to USD 1 Billion in Market Capitalization – Platinum: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS)
o Less than USD 500 Million in Market Capitalization – Platinum: PT Kilang Pertamina Internasional Refinery Unit IV Cilacap – Gold: PT Kilang Pertamina Internasional Refinery Unit II Sei Pakning – Silver: PT Kilang Pertamina Internasional Refinery Unit III Plaju – Bronze: PT Kilang Pertamina Internasional Refinery Unit V Balikpapan
CSR & ESG Leadership Award
o USD 1 Billion And Above in Market Capitalization – Platinum: PT. Chandra Asri Pacific Tbk – Gold: TBS Energi Utama – Silver: PT Bank BTPN Tbk – Bronze: Tata Consultancy Services
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: Thanh Thanh Cong Bien Hoa Joint Stock Company – Gold: Samsung Electronics Vietnam Co., Ltd – Silver: BHG Retail Trust Management Pte Ltd
o Less Than USD 500 Million Market Capitalization – Platinum: Bank Rakyat – Gold: Diageo Vietnam – Silver: Home Credit Viet Nam
Best Corporate Communications & Investor Relations Team Award
o USD 1 Billion and above in Market Capitalization – Platinum: Danone Indonesia
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS)
o Less Than USD 500 Million Market Capitalization – Platinum: BHG Retail Trust Management Pte Ltd
Best Country Excellence – Best in Cambodia
o USD 1 Billion And Above in Market Capitalization – Platinum: NagaWorld Limited
o Less Than USD 500 Million Market Capitalization – Platinum: Prince Holding Group
Best Country Excellence – Best in Thailand
o Less Than USD 500 Million Market Capitalization – Platinum: Tata Consultancy Services
Best Country Excellence – Best In Philippines
o USD 1 Billion And Above in Market Capitalization – Platinum: Tata Consultancy Services
Best Country Award – Best In Indonesia
o Less Than USD 500 Million Market Capitalization – Platinum: PT Kilang Pertamina Internasional Refinery Unit II Sei Pakning – Gold: PT Kilang Pertamina Internasional Refinery Unit IV Cilacap – Silver: PT Langgeng Kreasi Jayaprima (Diageo Indonesia) – Bronze: PT Kilang Pertamina Internasional Refinery Unit V Balikpapan
o USD 1 Billion And Above in Market Capitalization – Platinum: PT Astra International TBK – Gold: PT Pertamina Hulu Energi Offshore North West Java – Silver: PT Pertamina Patra Niaga SHAFTHI
Best Country Excellence – Best in Vietnam
o USD 1 Billion And Above in Market Capitalization – Platinum: Vinmec Healthcare System
o USD 500 Million To USD 1 Billion Market Capitalization – Platinum: Thanh Thanh Cong – Bien Hoa Joint Stock Company (TTC AgriS) – Gold: Samsung Electronics Vietnam Co., Ltd
o Less Than USD 500 Million Market Capitalization – Gold: Hope Foundation Platinum: FPT Digital
As we reflect on the success of the 16th Annual Global CSR & ESG Summit and Awards, we are inspired and energized to continue our collective efforts towards building a more sustainable and inclusive world. Together, we can create positive change that benefits present and future generations.
About Pinnacle Group
The Pinnacle Group International is a leader in the conference industry in Asia, designing and launching ground-breaking conferences and events. We pride ourselves in our ability to anticipate and read underlying socio-economic and investment trends in emerging and developed markets, creating brands and events to capture these opportunities and launching them with our clients and partners in regional and international markets. Our relentless pursuit of excellence in the business of connecting people and businesses across nations is derived from our core beliefs in improving lives, welfare and the status of societies. We are committed to supporting charitable ministries and projects for the betterment of humanity, while our staff and management commit time and resources to annual global missions and charities. To learn more, visit https://globalcsr.pinnaclegroup.global.
For media inquiries or further information: Ms Cyan Lee, Conference Manager, The Pinnacle Group International Email: cyan@pinnaclegroup.global Tel: +65 8222 2344
KUALA LUMPUR, Apr 26, 2024 – (ACN Newswire) – Malaysians had an extraordinary experience today as Spritzer, Malaysia’s leading mineral water brand, hosted an exclusive “Meet the Red Legends” lunch. The meet-and-greet event, held ahead of the historic “Battle of the Reds” (BOTR) game on 27 April 2024, brought together renowned former Manchester United and Liverpool players for an unforgettable encounter.
From left to right: The legends at the lunch Quinton Fortune, Florent Sinama, Dion Dublin and Patrick Berger
The “Meet the Red Legends Lunch” provided Malaysian football fans with a rare opportunity to get up close and personal with the Premier League legends including Patrick Berger and Florent Sinama from Liverpool and from Manchester United, Dion Dublin and Quinton Fortune.
The legends shared and exchanged stories about their challenges, motivations, and most memorable moments during their time as professional athletes of the ‘beautiful game’. After lunch, the session continued in a question-and-answer session, sharing career anecdotes. This was followed by an autograph and photography session, allowing fans to interact with the players and secure memorabilia.
The private lunch was an unforgettable experience and attendees had the chance to create and capture moments with their favourite Premier League icons, as a prelude to the highly anticipated “BOTR” friendly match between Manchester United and Liverpool legends, happening the next day at the Bukit Jalil National Stadium.
Spritzer aims to bring these football heroes closer to home to create unique experiences. Both BOTR and their “Meet the Red Legends” exclusive lunch celebrate sporting greatness while underscoring Spritzer’s commitment to long-term and meaningful community engagement.
“Spritzer champions excellence, just like these football legends who have embodied dedication, perseverance, and leadership throughout their illustrious careers. Inspired by the game, football transcends borders to unite people and nations, by fostering a shared sense of belonging. At Spritzer, we share these values, and we are thrilled to provide a platform for fans to connect with their idols and draw inspiration from their remarkable achievements. Through events like these, we strive to create memorable experiences that bring joy to our communities and inspire others to pursue their passions with unwavering determination,” said Winnie Chin, Spritzer’s Head of Public Relations.
As Spritzer continues to cement its position as a catalyst for fresh new experiences amongst Malaysians, initiatives like the “Meet the Red Legends Lunch” reaffirm the brand’s dedication to cultivating active lifestyles, fostering community spirit, and sparking a desire to achieve our potential.
Please download the high-res images from this link.
About Spritzer:
Established in 1989, Spritzer Group has been a pioneer in providing Malaysians with natural mineral water sourced from a 440-acre green rainforest. Committed to innovation, Spritzer Group leads the Malaysian bottled water industry through manufacturing, distribution, marketing, and sales of its diverse product line. From renowned natural mineral water to refreshing non-carbonated fruit-flavoured drinks, each product is carefully crafted to meet consumer needs.
Comprising eight business subsidiaries, Spritzer Group specializes in the production and distribution of silica-rich natural mineral water, sparkling natural mineral water, distilled drinking water, carbonated fruit-flavoured drinks, and non-carbonated fruit-flavoured drinks.
With over 30 years of experience, Spritzer Group is Malaysia’s largest and only listed bottled water producer. For more information, please visit www.spritzer.com.my.
SINGAPORE, Apr 25, 2024 – (ACN Newswire) –HubSpot, the customer platform for scaling businesses, has released new data from a global research survey1 that indicates companies in Singapore are transforming their business models in response to global megatrends such as generative AI and changing customer expectations.
From economic downturns to the rise of new social channels, businesses have to pivot with the times, all the time. But the AI era is different. Small and Medium Businesses (SMEs) are operating in a new reality, and it requires more than just adapting to change. It requires reinvention. According to HubSpot’s research, eight in ten (81 per cent) Singapore companies said they’ve evolved more in the past four years than the previous two decades – the highest level of disruption across all countries surveyed.
In 2024, local companies are navigating a new reality where keeping pace with technological disruption and innovation is critical to business success. Singapore companies are the most likely globally to feel that their current growth tactics are becoming less effective (71 per cent) and are also the most likely across all countries surveyed to agree that the introduction of AI has required them to reinvent (82 per cent) their business.
Kat Warboys, Senior Marketing Director of APAC, HubSpot, said: “A combination of rising business costs, new technology and evolving customer expectations have impacted the effectiveness of conventional growth tactics among Singapore’s businesses, accelerating a need for reinvention. Our research shows that a majority of local businesses agree that personalised, impactful customer experiences, powered by AI and automation, will be vital to their growth in 2024. Long term success will be determined by the ability of businesses to effectively engage with their audiences across multiple channels throughout the customer journey, and demonstrate value to customers to maximise retention.”
To empower Singapore companies with the right capabilities to meet evolving customer expectations, HubSpot today announced the launch of the new Service Hub and Content Hub. These tools are designed to help local businesses deliver streamlined, personalised customer experiences, which eight in ten (80 per cent) local companies view as key to business growth. These solutions are part of HubSpot’s Spotlight, a bi-annual initiative where the company highlights its latest innovations to help SMEs win.
Today, customers are everywhere. Their purchase path is fragmented across multiplying channels, and marketers are left facing two major challenges: reach and relevance. Companies need to efficiently meet customers wherever they are, and do it with quality content that’s personalised, unique and valuable.
However, Singapore companies are struggling to meet demands for multi-channel content, with 82 per cent – the highest globally – sharing a need for tools to help remix content from one format or channel to another. Singapore is also the most likely across all countries surveyed by HubSpot to cite an increasing number of channels as a pain point (40 per cent).
“The data suggests that while reinvention is necessary for success, it is not a one size fits all approach. Brands working to effectively reach audiences must connect with customers on a deeper level by leveraging personalised content tailored for the channels these customers most commonly reside on. While this may not be a simple process, it is a journey that many businesses are on, or need to commence, in order to understand and produce content that best engages customers,” shared Warboys.
To help local businesses meet demands for remixed, multi-channel content, HubSpot has launched Content Hub. The all-in-one marketing solution, powered by HubSpot AI, helps to create and manage content across the entire customer journey, through tools like AI Content Creation, Content Remix, Brand Voice, Audio Tooling, Members Blog and Gated Content Library (among others). This helps brands to more effectively meet and engage their customers by generating content customised for various channels, formats, and audience profile, with a consistent brand voice.
HubSpot Content Hub – Content Remix
Transforming CX teams into revenue drivers with the all-new Service Hub
A separate HubSpot study2 revealed that nine in ten (92 per cent) Singapore companies agreed that consumers find customer service interactions frustrating. There is a clear disconnect between what local brands think their audience needs, and what their customers and prospects actually want. SMEs need to double down on keeping existing customers happy, especially since acquiring a new one can be up to 25 times more expensive3. This is one of the many reasons a brand’s customer support and success teams play such a critical role in the bottom line.
The HubSpot study also found that 81 per cent of Singapore companies considered customer service and customer success separate functions with distinct goals and responsibilities. This hinders visibility and the flow of information across customer facing teams, impacting the ability to deliver impactful, personalised customer service. Common challenges faced by customer service teams in Singapore include extracting meaningful insights from customer data (49 per cent), tracking KPIs (46 per cent), ensuring alignment of customer service goals with overall business objectives (38 per cent), as well as ensuring agents have access to accurate and relevant information (34 per cent).
Aligning with Singapore’s strong national focus on AI, the study uncovered that nearly all (96 per cent) local companies are using AI as part of the customer service process. To transform customer service into a more proactive function, about two thirds of (66 per cent) CX teams in Singapore are implementing predictive analytics and AI-driven tools to better anticipate customer needs.
The all-new Service Hub, powered by HubSpot AI, is the only solution that brings together customer support and success functions for the first time, helping businesses scale support and drive retention through data-backed insights and connected workflows. In line with strong local adoption of AI, Service Hub features over a dozen AI-powered tools such as chatbots and real-time reply recommendations to boost customer successes.
HubSpot Service Hub – Customer Success Dashboard
“With Service Hub, our reps hit the ground running thanks to a complete view of the customer journey,” said Jennifer Cummings, Sr. Director, Customer Engagement at Kaplan. “Since bringing our marketing, sales, and service teams together on HubSpot, it’s completely removed the guesswork for our leaders, giving them visibility and confidence that customers are getting what they need, quickly.”
“In today’s business landscape, change is measured in days and weeks, not years. The speed of reinvention can be daunting, but technology advancements offer a significant opportunity for Singapore companies, especially SMEs, to adapt to new market trends and continue meeting evolving customer needs. With consumers expecting personalised experiences that align with their values and preferences, meeting these expectations requires businesses to connect with customers through channels that serve them best. These solutions from HubSpot are aimed at helping Singapore companies thrive in the digital economy,” explained Warboys.
Learn more about these solutions and more than 100 updates made across the customer platform at hubspot.com/spotlight.
Key Features of HubSpot’s New Service Hub and Content Hub
*Powered by HubSpot AI
Service Hub To help CX leaders scale support, Service Hub includes:
Help Desk Workspace: Unlocks productivity for reps with an at-a-glance view of everything that matters most — from real-time ticket updates to omnichannel conversations — plus the ability to organise, search, and filter for improved discovery.
Tools for businesses to scale support:
Advanced SLAs for better, more complex reporting and operations.
Robust routing tools to ensure tickets go to the right reps at the right time.
Workforce management settings and APIs to set user availability, working hours, and skills.
To help success teams drive retention, Service Hub includes:
Customer Success Workspace: Customer Success Managers (CSMs) can manage their entire book of business in one place with actionable insights and custom segments. The workspace includes:
Account activity & pipelines specific to each CSM’s portfolio for easy access to the most important information.
Customer health scores so CSMs can identify churn risk, prioritise outreach, and address needs proactively.
Product usage integrations with essential apps like Pendo, Amplitude, Segment or HubSpot’s Custom Events API.
Service Hub also features over a dozen AI-powered tools, including:
GPT-powered Chatbot* for 24/7 support, freeing up reps to focus on complex issues.
Real-time Reply Recommendations* and Conversation Summaries* to speed up time to resolution, including multilingual support*.
Suggested next steps* to help reps take action after customer calls.
Content Hub Content Hub includes:
AI Content Creation* to make quality multilingual content creation simple — from generating ideas, to writing blog posts, to creating images.
Content Remix* to easily create a full pipeline of content based on a single asset. 82 per cent of Singapore marketers agree that this is exactly the kind of tool they need according to HubSpot research.
Brand Voice* to define and generate content that has a consistent brand voice — from blogs, to social, to email.
Audio Tooling to create, host, and distribute Podcasts* and Post Narration* to turn text into audio for better content accessibility.
Members Blog and Gated Content Library to manage content, offer premium content, and easily capture leads.
1 HubSpot: State of Business Growth Research (March 2024) 2 HubSpot: CX Leader Market Research (October 2023) 3Harvard Business Review
About HubSpot
HubSpot (NYSE: HUBS) is the customer platform that helps your business grow better. HubSpot delivers seamless connection for customer-facing teams with a unified platform that includes AI-powered engagement hubs, a Smart CRM, and a connected ecosystem with over 1,500 App Marketplace integrations, a community network, and educational content from HubSpot Academy. Today, over 205,000 customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across more than 135 countries use HubSpot to attract, engage, and delight customers. Learn more at www.hubspot.com.
Press contact for further information, assets and interview requests: Yanchang Tan E: yanchangtan@slingstone.com P: +65 9474 5338
SINGAPORE, Apr 23, 2024 – (ACN Newswire) – Unlocking ADHD, in collaboration with Tay Guan Hin, Creative Chairman of BBDO Singapore and author of the best-selling Penguin book “Collide,” recently presented “Where Art and ADHD Collide,” a groundbreaking event held at ARTitude Galería in Singapore. This unique occasion celebrated the fusion of creativity, diversity, and the intersection of art and mental health. Taking place on Monday, April 22, 2024, the event is honored by the presence of Lee Chen Ee, Group Director of Innovation and Transformation at Singapore Health Services, as the guest of honor. Her attendance highlighted the importance of using creativity to raise awareness and promote mental health. Ms. Moonlake Lee, Executive Director of Unlocking ADHD, also graced the event as a special guest, sharing invaluable insights and personal perspectives on ADHD. Unlocking ADHD is a charity and social service agency that empowers ADHDers and their families to live life to the fullest.
The evening featured a diverse lineup of exceptionally talented artists with ADHD. Among them was Khaitama D. Sun, fondly referred as Khai, Singapore’s sole artist who created artwork with drumsticks that synchronized with the rhythm of words. Khai’s unique talents were showcased as he simultaneously crafted two masterpieces with his left and right hands, marking Singapore’s first-ever live painting. The painting is called “Rhythmic Dance of Chaos “.Additionally, artist Rachel Elena Tng, a late-diagnosed autistic ADHDer, presented her captivating live painting titled “The World According To ” which received warm applause from the audience. Attendees had the opportunity to bid on these extraordinary creations, with proceeds benefiting both the artists and Unlocking ADHD. Sales of all books also contributed to Unlocking ADHD’s cause.
Lee Chen Ee, Group Director of Innovation and Transformation at Singapore Health Services, “It is most heartening that this event brings together individuals from all walks of life, different occupations, and different industries, for a common goal – to promote acceptance, awareness and celebration of neurodiversity. I hope we can all continue supporting initiatives such as these that promote a movement towards inclusion and understanding.”
Guan Hin Tay, book writer, Collide remarked, “This sensorial experience demonstrated how the unique thinking of individuals with ADHD could revolutionize the world, much like the unexpected fusion of ideas in my book ‘Collide’ leads to extraordinary creation.”
Moonlake Lee, Executive Director of Unlocking ADHD, expressed her enthusiasm, stating, “We are delighted to be part of this unique event. Our aim is to celebrate the artistic talents of individuals with ADHD and foster an inclusive space for dialogue and understanding.”
Ganesh Somwanshi, Founder of Mett.AI, curated the concept of Singapore’s first-ever live painting by an ADHD artist, influenced by “Collide.” He remarked, “Art can empower people from all walks of life and serve as a healing element in everyday life. I am grateful to Tay Guan Hin for the opportunity to be part of this project.”
‘Where Art and ADHD Collide’ served as an event and a movement toward acceptance, understanding, and celebration of neurodiversity. It transcended the traditional event format, creating an inclusive space for dialogue and appreciation of diverse talents.
The evening was a resounding success, with a diverse audience comprising corporate leaders, educational pioneers, media influencers, and community members who champion creativity and inclusivity. Together, they supported the ADHD community through the transformative power of art, marking a significant step toward acceptance, understanding, and celebration of neurodiversity.
About Unlocking ADHD
Unlocking ADHD is a registered charity and social service agency under the National Council of Social Service in Singapore with a mission to Empower ADHDers and their families to live life to the fullest. The Unlocking ADHD website (www.unlockingadhd.com) is the most comprehensive online resource on ADHD in Singapore. The charity runs events to support ADHDers, and has also developed a FREE RESTART ADHD Starter Kit for adults. It is also responsible for the first community study on ADHD in Singapore. Unlocking ADHD also supports over 3K members via a private Facebook Community Group and over 800 members on Discord.
About Guan Hin Tay, Author
Tay Guan Hin, Creative Chairman of BBDO Singapore, has significantly impacted the creative industry, showcasing his talent across global agencies like Saatchi & Saatchi, Wunderman Thompson, Grey, and Leo Burnett. His digital engagement strategies have elevated brands such as Visa, Unilever, Audi, MOHH and Shell, effectively enhancing their market presence and addressing business challenges. His debut book, “Collide: Embracing Conflict to Boost Creativity,” published by Penguin, quickly became an Amazon and Straits Times best-seller. Guan Hin has over 300 creative awards and notable roles, including Jury President at Cannes Lions and other prestigious events. A revered keynote speaker, he has shared his expertise at TEDx, Cannes Lions, and with top firms like Tencent and Meta. Passionate about mentoring, he founded Singapore’s first student awards and actively supports young talent development. His leadership in innovation was highlighted during his presidency of the Asia Professional Speakers Association, marking him as a prominent figure in fostering creativity and nurturing future generations in the creative sector.
SINGAPORE, Apr 23, 2024 – (ACN Newswire) – Following the first mega overseas roadshow of 2024 held successfully in Tokyo, Japan this March, Macao Government Tourism Office (MGTO) will soon unveil its second overseas promotional event in Singapore. The program includes a four-day roadshow and a presentation & networking seminar namely the “Macao Tourism + MICE Product Updates Seminar & Travel Mart”, to be unveiled in advance this Thursday (25 April). Singaporean visitors and members of the travel trade will be offered a window onto Macao’s strengths as a MICE and travel destination. The event aims to attract more Singaporeans to Macao for leisure and MICE travel, as part of the endeavor to expand the Southeast Asian market.
Macao and Singapore industry operators explore “tourism + MICE”
MGTO will lead a delegation of Macao’s travel trade to Singapore and organize the “Macao Tourism + MICE Product Updates Seminar & Travel Mart” on 25 April. Industry participants from Singapore will be introduced to the strengths of Macao’s tourism and MICE industries. A business networking session will also be held on site for the travel trade from both sides to connect and forge partnerships, in turn boosting mutual visitations.
Spectacular roadshow teems with “tourism +” in Macao
The mega roadshow in Singapore will be held at Suntec City Atrium (Convention Centre) from 25 – 28 April. Designed after Rubik’s Cube, a special space is created with colorful key visual that manifests the vibrant scene of Macao’s cultural diversity and harmony blended with the unique splendor of “tourism +”.
The roadshow will feature numerous themed booths and interactive games. The Economic Development Bureau of Hengqin, the six integrated resort enterprises from Macao and Air Macau will also run booths to promote their newest tourism facilities and products. Singaporean residents can experience Macao from a kaleidoscope of angles.
MGTO has progressively unfolded an array of promotional initiatives in advance in Singapore for the mega roadshow. A themed webpage (https://www.macaotourism.gov.mo/en/article/promotion/experience-macao-singapore-roadshow) is launched. Singaporean travel KOL, The Travel Intern, has started spotlighting the event on various platforms since early April. Starting this week, information about the roadshow has been released on radio, newspapers, light boxes, mega exterior LED screens of shopping centres as well as MGTO’s platforms on social media, which widens the event’s presence together with several KOLs’ promotions. It is hoped that the marketing campaign can attract more locals to the event for an experience of Macao’s “tourism +”, in turn boosting visitor arrivals from Singapore and Southeast Asia for international market development.
Average daily Singapore visitor arrivals increase twofold in the first quarter
At present, Singapore ranks as the eighth largest international visitor market for Macao. In the first quarter of 2024, there were 25,623 visitor arrivals from Singapore to Macao. The average daily volume of Singaporean visitors recovered to 82.6% of the level in the first quarter of 2019 and increased by 263.1% compared with the first quarter of 2023. Two airlines (Air Macau and Scoot) currently operate regular direct air service between Macao and Singapore with two flights daily.
Promotional events towards international markets
This year, MGTO actively rolls out mega promotional events. In addition to the mega roadshows in Tokyo and Singapore in March and April respectively, the Office will unfold more roadshows in Jakarta (Indonesia), Seoul (Korea), Bangkok (Thailand) and Kuala Lumpur (Malaysia) for a showcase of Macao’s “tourism +” offerings. To support industry partners to explore business opportunities, destination presentation and networking seminars will be held concurrently for the travel trade there. Moreover, MGTO will continue to engage in major regional and international travel fairs to raise Macao’s international profile and presence as a travel destination.
Enrich special offers to boost destination appeal
In celebration of the 25th anniversary of the Establishment of the Macao SAR, MGTO has launched the scheme “My Treats for You” of special travel offers for international visitors (from beyond the Greater China region). To attract international visitations to Macao, 250,000 gifts are rolled out including special offers on air tickets, cross-border transportation, hotel accommodation, dining, entertainment and show tickets. Targeting Singapore as a visitor market, MGTO partners with Air Macau and travel agencies in Singapore and Macao to launch different special offers to attract Singaporean visitors and expand the diversity of travel markets.
About Macao Government Tourism Office (MGTO)
Main Responsibilities of Macao Government Tourism Office
In accordance with Macao Special Administrative Region (Macao SAR) Government’s strategy of positioning and developing Macao as a World Centre of Tourism and Leisure, Macao Government Tourism Office (MGTO) serves as the public entity responsible for implementing, analyzing and assisting in formulating the tourism policies of the Macao SAR to enhance Macao’s reputation as a quality destination.
theacnnewswire.news.blog 