Bangkok, Thailand--(ACN Newswire via SeaPRwire.com - April 28, 2025) - Azurite Medical and Wellness, founded by entrepreneur Trina Eliassen, announces the launch of its innovative medical tourism service that combines affordable cosmetic surgery with exclusive luxury aftercare experiences in Thailand, fundamentally transforming how patients approach overseas surgical procedures.Azurite Medical and Wellness To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10373/249980_b94c71f2c41a5943_001full.jpgThe new venture, led by American-born Eliassen who relocated to Australia in 2005, brings together world-class surgical expertise with comprehensive pre-operative preparation and 5-star recovery accommodations, delivering premium surgical packages at up to 75% less than Western prices."We've created a service that addresses every aspect of the medical tourism journey," explains Trina Eliassen, Founder of Azurite Medical and Wellness. "From nutritional coaching months before surgery to luxury recovery accommodations with 24/7 nursing care, our goal is to eliminate the stress and uncertainty typically associated with overseas procedures."The company has established an exclusive partnership with renowned plastic surgeon Dr. Theerapong, whose expertise in complex reconstructive procedures has attracted patients from across the globe. Azurite's comprehensive packages include private transportation, luxury accommodation, personalized meal plans, and round-the-clock nursing care for 9-28 days depending on procedure complexity.What sets the Azurite approach apart is its focus on bundled surgical packages that deliver more balanced aesthetic results while maximizing value. A comprehensive facelift package including fat transfer, upper and lower blepharoplasty, and an optional surgical lip lift costs approximately AUD 17,500 through Azurite's service, compared to around AUD 75,000 for equivalent procedures in Australia.The announcement comes as global medical tourism continues to grow, with patients increasingly seeking alternatives to high-cost procedures in Western countries. Eliassen plans to expand the Azurite service model to Turkey and Korea in the coming years, leveraging these countries' advanced medical technologies and established beauty industries. The company also has plans to launch a specialized nutrition and supplement line designed specifically for post-surgery healing to reduce scarring and infection risk.About Azurite Medical and Wellness: Azurite Medical and Wellness is pioneering a new approach to medical tourism that combines surgical excellence with luxury recovery experiences. The company provides comprehensive support throughout the entire transformation journey, from pre-operative preparation to post-surgical care.Media Contact:+61 407 330 054info@azurite.com.auazurite.com.au & azuritemedicalandwellness.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/249980 Copyright 2025 ACN Newswire via SeaPRwire.com.

JAKARTA, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) - Wintermar recorded a 31.4%YOY increase in Gross Profit to US$6.6 million for 1Q2025, with US$4.1 million Operating Profit (+52.5% YOY), driven by Owned Vessels gross margin expansion.Margin expansion in the Owned Vessel Division continued to boost profitability, despite a slow quarter where Total Revenue fell by 9.2%YOY from US$18.4 million in 1Q2024 to US$16.7 million in 1Q2025. The lower revenue stemmed from a slower than expected start after the monsoon season which primarily affected the Chartering Division.Owned Vessel DivisionThe Owned Vessel Division continued to perform well as the high tier vessels and mid-tier DP vessels saw improved utilization. Gross Profit from Owned Vessel jumped by 55.8%YOY to US$6.1 million for 1Q2025 as compared to 1Q2024, generated from revenues of US$14.8 million (+6.1%YOY). With more PSVs working, Owned Vessel gross margin has continued to increase to 41.2% in 1Q2025 from 28.1% in 1Q2024. Average charter rates for 1Q2025 were 31% higher than 1Q2024, due to a larger number of high yielding vessels in the Company’s fleet.The lower end of the mid-tier segment did not fare as well in 1Q2025, as some mid-tier vessels came off spot contracts. OSV demand was slow during the quarter, with some project delays, even though there were some ongoing tenders. Fleet utilization dropped to 57% in 1Q2025 as compared to 63% in 4Q2024. Two additional HLBs were delivered in February and March 2025 which only commenced operations in April 2025.Chartering Division and Other ServicesA longer than expected hiatus for the monsoon season led to a 70%YOY drop in Chartering Division Revenues to US$0.9 for 1Q2025 compared to 1Q2024. Revenue from Other Services also recorded a decline of 30.5%YOY to US$1.0 million upon the completion of a contract.Direct Expenses and Gross ProfitOwned Vessel Direct Expenses reduced by 13.3%YOY to US$8.7 million from US$10.1 million in 1Q2024. There were savings in maintenance costs (-28.2%YOY), which fell from US$2.4 million in 1Q2024 to US$1.7 million in 1Q2025, due to the absence of some one-off preparation costs in 2024 for international contracts. Owing to the sale of 3 vessels during 2024, Operations cost fell by 31.0%YOY, from US$1.1 million in 1Q2024 to US$0.8 million in 1Q2025 while Crewing expenses also decreased by 7%YOY, from US$2.5 million in 1Q2024 to US$2.4 million. Bunker costs were maintained at US$0.5 million (+1.8%YOY), reflecting a stable oil price and a low number of vessel mobilizations.As a result of a higher concentration in Dynamic Positioning (DP) vessels which has enjoyed a stronger charter rate increase, the Gross Profit margin has risen from 27.1% in 1Q2024 to 39.3% in 1Q2025, demonstrating the underlying resilience of the fleet despite the near-term delays in project commencements.Indirect Expenses and Operating ProfitTotal Indirect Expense rose by 6.5%YOY to US$2.4 million in 1Q2025 as compared to US$2.3 million in 1Q2024. This increase was primarily driven by the increase in marketing expenses and staff salaries.With the growing participation in international tenders, Marketing Expenses in 1Q2025 doubled to US$0.17 million (+125.3%YOY) from US$0.08 million in 1Q2024. Staff Salary contributed US$0.09 million to the increase, rising 5.2%YOY to US$1.8 million in 1Q2025, due to an expansion of permanent employees and higher salaries.Operating Profit for 1Q2025 was US$4.1 million, which increased 52.5% compared to the same period in the previous year. The operating margin rose to 24.7% in 1Q2025 from 14.7% in 1Q2024.Other Income, Expenses and Net Attributable ProfitInterest expenses doubled to US$0.5 million in 1Q2025 as the Company obtained new loans to refinance the PSV and HLBs purchased last year. On the other hand, interest income rose by 32.0%YOY to US$0.1 million in 1Q2025, following strong cash flow generation.Interest expenses doubled to US$0.5 million in 1Q2025 as the Company obtained new loans to refinance the PSV and HLBs purchased last year. On the other hand, interest income rose by 32.0%YOY to US$0.1 million in 1Q2025, following strong cash flow generation.Equity in net earnings of associates recorded a loss of US$0.04 in 1Q2025 compared to a gain of US$0.2 million in 1Q2024, reflecting the lower utilization experienced by our associated companies.The sale of fixed assets contributed a gain of US$0.2 million from the disposal of low tier vessels in 1Q2025, effectively capturing the fleet’s monetary value. The Company recorded a FX loss of US$0.4 million from Rupiah denominated trade receivables, impacted by the strengthening of the USD.Non-controlling interest was significantly higher at US$1.5 million compared to US$0.4 in 1Q2024, reflecting the share of minority interest in earnings from the PSV business, in which Wintermar holds a 51% stake. Net Attributable Profit for 1Q2025 amounted to US$1.6 million, a decrease by 25.6%YOY from US$2.2 million in 1Q2024.The group’s EBITDA jumped by 20.2%YOY for 1Q2025, reaching US$7.6 million.Industry Outlook The long term outlook for offshore support vessels (OSV) is still positive, albeit in the near term, the industry has not escaped the uncertainty affecting global business sentiment that has emerged from policy fluctuations in the US. As a result of the imposition of tariffs, oil demand growth for 2025 has been revised down while geopolitical risks have risen amidst fears of escalating trade wars.In 1Q2025, the global caution added to the seasonal slowdown in Asia which resulted in some delays to project commencements. However, planning is underway for several offshore drilling projects which are expected to ramp up towards the end of the year, which provide support for charter rates. The second-hand market has been active with higher prices being offered for used OSVs in operating condition, indicating that there is still strong demand in the coming years. Business ProspectsThe year has started on a slow footing, which has impacted utilization in 1Q2025 as 60% of the fleet is still exposed to short term spot contracts. Gross margins, which have been climbing, will be maintained due to the better fleet mix, as can be seen in the strong growth in gross profit and operating profit. The Company has taken delivery of 2 units of Heavy Load Barges in 1Q2025 which are expected to commence operations in 2Q2025 and secured additional high tier vessel contracts, thus supporting continued profitability in the latter part of the year. Looking ahead to 2026, we are still positive on the demand for DP vessels which will be needed for several new deepwater drilling projects which are in development this year. Total contracts on hand as at end March 2025 has risen to US$71.9 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com .For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2025 ACN Newswire via SeaPRwire.com.

- Five HKTDC trade fairs kick off today, including the Hong Kong Gifts & Premium Fair, Home InStyle, Fashion InStyle, Hong Kong International Printing & Packaging Fair, and DeLuxe PrintPack Hong Kong, while two major licensing events, the Hong Kong International Licensing Show and Asian Licensing Conference, will begin tomorrow- Celebrating its 40th edition, the Gifts & Premium Fair showcases creative and functional products, with award-winning entries from the Hong Kong Smart Design Awards highlighting local design talent- Home InStyle introduces the Gerontech Living Pavilion and expands its upgraded Cultural and Creative Avenue, welcoming first-time exhibitors from the Czech Republic- Fashion InStyle’s new highlighted zone, NEXT@Fashion InStyle, features advanced fashion materials from over 60 global suppliers, with renowned international fashion designer and Self-Portrait brand founder Han Chong joining as ambassador- The two packaging fairs present printing and packaging solutions that balance sustainability and smart design, aligning with market trendsHONG KONG, Apr 27, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Trade Development Council (HKTDC) launches its diverse lineup of lifestyle exhibitions today, with the Hong Kong Gifts & Premium Fair, Home InStyle, and Fashion InStyle opening at the Hong Kong Convention and Exhibition Centre (HKCEC) and the Hong Kong International Printing & Packaging Fair and DeLuxe PrintPack Hong Kong beginning at AsiaWorld-Expo.HKTDC Deputy Executive Director Sophia Chong said: “Hong Kong’s exports of gifts, home products, fashion items and packaging solutions are increasingly targeting the mid-to-high-end market, transitioning from original equipment manufacturing to original design. The HKTDC remains committed to supporting exhibitors’ needs to help them upgrade and transform their businesses, while enhancing the overall quality of our exhibitions to provide a premier platform for cultural and creative design that can reinforce Hong Kong’s position as a leading regional creative hub. This year’s lifestyle fairs are being held together in late April to offer buyers a one-stop, diverse sourcing experience, helping industry players explore cross-sector and cross-disciplinary business opportunities and creating synergies.”The 2025 lifestyle fairs and conferences have attracted some 6,000 exhibitors from over 30 countries and regions, including Mainland China and Hong Kong, as well as Australia, Japan, Korea, Malaysia and Thailand from the Asia-Pacific region, and Italy, Spain, Switzerland and the United States from the European and North American regions. Fashion InStyle will welcome first-time exhibitors from Austria and the UK, while the Printing & Packaging Fair will feature a new participant from Cambodia, reflecting the global business community’s confidence in Hong Kong’s exhibition platform.Creative designs unlock business opportunities, Gifts Fair embraces blind box trendThe Hong Kong Gifts & Premium Fair marks its 40th edition in 2025 with the theme “Celebrating Four Decades of Wonder”, showcasing products that blend functionality with creative design. This year, some exhibitors are tapping into the popular blind box trend. The Jiangxi Province Jingdezhen Pavilion introduces ceramic works that use the blind box model to nurture the next generation of designers and artisans. Hong Kong exhibitor Soap Studio Company Limited showcases blind boxes featuring the popular Japanese character SHO-CHAN and Disney’s Toy Story character Aliens (Booth: HKCEC 1C-E03). Another Hong Kong exhibitor, Star Industrial Co Ltd, presents blind boxes from its Red A brand (Booth: HKCEC 1C-G03).To showcase Hong Kong’s original design talent to the world, 65 award-winning works from the Hong Kong Smart Design Awards 2025, organised by the Hong Kong Exporters’ Association, are on display at the Gifts & Premium Fair (Booth: HKCEC 5C-C02). In addition, Wei Yit Vacuum Flask Manufactory Ltd, a Hong Kong-based company with 85 years of heritage, is leveraging the fair to expand its flagship Camel-brand glass flasks into overseas markets (Booth: HKCEC 1C-E02).The Cultural and Creative Avenue at Home InStyle has been upgraded and expanded this year, featuring more than 100 exhibitors from nine countries and regions including Mainland China, Hong Kong, Taiwan, Indonesia, Japan and the UK. First-time exhibitors from the Czech Republic are showcasing Bohemian crystal glassware, home fragrances and incense (Booth: HKCEC 5E-M07, M09), while Hong Kong exhibitor Canalside Studio presents its innovative “Ball Bearing Bench” that combines a doughnut-inspired design with a roller structure, allowing users to rotate while seated and enjoy a more interactive experience.New Gerontech Living Pavilion targets the silver economyTo support the growing silver economy in Hong Kong, Home InStyle, with funding from the Innovation and Technology Commission, is launching the Gerontech Living Pavilion (Booth: HKCEC 5E-A08) at this year’s fair. The pavilion is divided into four areas – bedroom, living room, bathroom and games room – to showcase innovative gerontechnology products from over 10 local companies, including social robots, smart mobile toilets and smart walking sticks. The Hong Kong Housing Society Elderly Resources Centre is staging the Age-Friendly Home Living Lab and organising the Experiential Empathy Workshop that allows visitors to better understand the needs of the elderly (Booth: HKCEC 5E-A02). In addition, the Hong Kong Productivity Council introduces mixed-reality (MR) games that integrate hand-eye coordination with floral arrangements to stimulate muscular and brain functions (Booth: HKCEC 5E-A08).Home InStyle and the Hong Kong Gifts & Premium Fair will together host a seminar featuring a representative from Venture Global Limited, a developer of wireless elderly home care products, alongside a scholar from Lingnan University to discuss emerging trends in healthcare and the silver economy. The seminar will focus on the development of smart wearable technologies and innovative gerontechnology products, assessing strategies that can effectively meet the needs of the silver demographic.NEXT@Fashion InStyle becomes the new focusThe 2025 edition of Fashion InStyle sees the launch of NEXT@ Fashion InStyle (NEXT), a new highlighted zone organised by the HKTDC and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the HKSAR Government. Thailand is the Strategic Partner of NEXT@Fashion InStyle, powered by the Thailand Creative Culture Agency (THACCA) and The National Soft Power Development Committee who have brought some 30 Thai exhibitors to showcase fashion materials that blend Thai culture with sustainability and innovative technologies. In addition to Thai exhibitors, the NEXT zone has brought together more than 60 exhibitors from Mainland China, Europe, the Americas, Australia, Indonesia, Singapore and Vietnam, among others, presenting cutting-edge materials to create an international platform for shaping future fashion trends. Notably, the Hangzhou New Concept Fabric Creative Centre Textile Library has established an innovation hub within NEXT, featuring products that integrate traditional Chinese crafts such as Badu Linen Embroidery, beam printing and tie-dye techniques with advanced materials. (Booth: HKCEC 3F-G11)The NEXT zone has facilitated collaborations between leading advanced material brands and five local designers, with Han Chong, founder of internationally acclaimed fashion brand Self-Portrait, joining as ambassador to share insights and mentor the designers. Participants include designer Jason Ying, a former intern at the Self-Portrait studio, who draws inspiration from vintage military uniforms to reimagine classics using innovative materials (Booth: HKCEC 3F-H16). Another designer, Kinyan Lam, employs Gambiered Canton Silk, a national intangible cultural heritage textile from Guangdong that goes back more than 1,000 years, leveraging its lightweight and soft texture to create streamlined silhouettes and flowing hemlines, blending cultural heritage with contemporary design (Booth: HKCEC 3F-H12).Two packaging fairs highlight sustainability and luxury designJointly organised by the HKTDC and CIEC Exhibition Company (HK) Limited, the 20th edition of the Hong Kong International Printing & Packaging Fair and the concurrent DeLuxe PrintPack Hong Kong bring together a diverse range of printing and packaging solutions. The Green Printing & Packaging Solutions Zone at the Printing & Packaging Fair features innovative offerings, including gift bags from Vietnam’s Intbox Intelligent Packaging Corporation made from 100% recycled paper and biodegradable materials (Booth: AWE 3-G01), and Hong Kong’s Complacent Industrial (H.K.) Limited’s recycled yarn woven ribbons crafted from repurposed plastic bottles and other recycled plastics (Booth: AWE 3-E06). In the Packaging Services and Solutions Zone, Shanghai Forests Packaging Group Co., Ltd. exhibits eco-friendly paper bags and boxes made from recycled kraft paper and biodegradable coatings (Booth: AWE 6-C17).DeLuxe PrintPack Hong Kong, which focuses on premium packaging for fine wines, cosmetics and jewellery, also presents an array of sustainable packaging solutions. Hong Kong exhibitor Man Sang Envelope Manufacturing Factory Co Ltd features FSC-certified paper and meticulous craftsmanship in its advent calendar packaging boxes, seamlessly blending environmental sustainability with luxurious design (Booth: AWE 3-A06).Industry seminars unlock new market opportunitiesThe April lifestyle events are featuring approximately 60 thematic seminars, buyer forums, product promotion and launch events and fashion parades, covering market analysis, cultural creative design, smart industry developments, the silver economy, health and wellness, and sustainability. At Home InStyle and the Gifts & Premium Fair, distinguished speakers will share insights on sustainable consumption trends in the gift and houseware markets and address issues such as how SMEs can navigate the European Union’s latest Packaging and Packaging Waste Regulation (PPWR). The speakers include Steven Baumgaertner, Chairman of the European Associations Cooperation, Steven Choi, Chief Operating Officer of the Green Council, and representatives from the Gold Award winner of the 4th Asia Exhibition of Innovations and Inventions (AEII), the Hong Kong Accreditation Service of the Innovation and Technology Commission, and TÜV Rheinland. Meanwhile, the Printing & Packaging Fair, in collaboration with the Hong Kong Digital Printing Association, will host a seminar featuring industry leaders such as William Ho, the Association’s Honorary Chairman, and representatives from Kanghong Digital Image (hk) Ltd. and eprint Group Limited, to explore how the printing industry can address the dual challenges of competitiveness and innovation.Running concurrently with the five April trade fairs will be the Hong Kong International Licensing Show and Asian Licensing Conference, which start tomorrow and run for three days at the HKCEC.EXHIBITION+ model extends business opportunities for participantsThe HKTDC continues to employ its EXHIBITION+ online-offline integrated model for the fairs, allowing exhibitors to leverage the AI-powered Click2Match business matching platform, hktdc.com Sourcing platform and the Intelligence Hub to extend physical exhibition interactions onto online platforms. Buyers can use the Scan2Match function in the HKTDC Marketplace App to scan exhibitor and product showcase QR codes, record favourite exhibitors, browse product information and make enquiries, allowing discussions to continue online during and after the exhibition. Starting this month, the online promotion period for exhibitors will be extended to one year. For convenience, buyers can register on the HKTDC Marketplace App and download free eBadges for direct venue entry.Photo download: https://bit.ly/4jJYmieThe Hong Kong Trade Development Council’s series of April lifestyle exhibitions opens today, welcoming exhibitors from around the world and showcasing Hong Kong’s pivotal role as a global trade hub.In celebration of its 40th edition, the Hong Kong Gifts & Premium Fair launches a photo booth for visitors to capture memorable moments.The Jingdezhen Pavilion at the Hong Kong Gifts & Premium Fair features ceramic works sold through a blind box model, with proceeds dedicated to nurturing the next generation of ceramic designers and artisans.Hong Kong Gifts & Premium Fair exhibitor Wei Yit Vacuum Flask Manufactory Ltd (Camel) celebrates its 85th anniversary in 2025, aiming to leverage the event to expand its glass-lined thermos flasks and other products into overseas markets.The Cultural and Creative Avenue at Home InStyle has been upgraded and expanded, showcasing a diverse range of innovative cultural and creative design products.Home InStyle introduces the new Gerontech Living Pavilion, featuring the Age-Friendly Home Living Lab from the Hong Kong Housing Society Elderly Resources Centre that allows visitors to better understand the needs of the elderly.Fashion InStyle has launched the new highlighted zone NEXT@Fashion InStyle this year, with internationally acclaimed designer Han Chong serving as project consultant, engaging with designers and sharing insights.The new NEXT@Fashion InStyle highlighted zone at Fashion InStyle showcases garments designed by five designers using advanced materials. Also, Thailand is the Strategic Partner of NEXT@Fashion InStyle, powered by the Thailand Creative Culture Agency (THACCA) and The National Soft Power Development Committee.The Hong Kong International Printing & Packaging Fair showcases a variety of eco-friendly products and solutions, with Hong Kong exhibitor Complacent Industrial (H.K.) Limited presenting recycled yarn woven ribbon made from post-consumer plastic bottles and other recycled plastics.Event details:EventEvent dateOpening hoursVenueHong Kong Gifts & Premium Fair27-29 Apr (Sun-Tue)30 Apr (Wed)9:30am-6:30pm9:30am-5pmHKCECHome InStyleFashion InStyleHong Kong International Printing & Packaging Fair27 Apr (Sun)28-29 Apr (Mon-Tue)30 Apr (Wed)10:30am-5:30pm9:30am-5:30pm9:30am-3:30pmAsiaWorld-ExpoDeLuxe PrintPack Hong KongHong Kong International Licensing Show28-29 Apr (Mon-Tue)30 Apr (Wed)9:30am-6:30pm9:30am-5pmHKCECAsian Licensing ConferenceWebsitesHKTDC Media Room: https://mediaroom.hktdc.com/enHong Kong Gifts & Premium Fair: https://www.hktdc.com/event/hkgiftspremiumfair/enHome InStyle: https://www.hktdc.com/event/homeinstyle/enFashion InStyle: https://www.hktdc.com/event/fashioninstyle/enHong Kong International Printing & Packaging Fair: https://www.hktdc.com/event/hkprintpackfair/enDeLuxe PrintPack Hong Kong: https://www.hktdc.com/event/deluxeprintpackhk/enHong Kong International Licensing Show and Asian Licensing Conference: https://www.hktdc.com/event/hklicensingshow/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Home InStyleFraser LiTel: (852) 2584 4369Email: fraser.li@hktdc.orgFashion InStyleSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgHK Gifts & Premium Fair, HK International Printing & Packaging Fair and DeLuxe PrintPack Hong KongWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgHK International Licensing Show and Asian Licensing ConferenceKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

Key Highlights:Overall hiring activity in the Philippines grows by 11% year-on-year as of March 2025.Month-on-month hiring activity experiences an 8% decline.Hospitality & Travel sector leads annual hiring growth with a 37% increase.Education and IT & Telecom sectors see year-on-year hiring slowdown of 13% and 8% respectively.MANILA, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) - Jobs platform, foundit (formerly Monster APAC & ME), today released the foundit Insights Tracker (fit) for the Philippines, highlighting a significant 11% annual growth in hiring activities, despite an 8% month-on-month decline in March 2025The monthly hiring trends reflect seasonal hiring slowdowns post-year-end recruitment drives, budgetary realignments, and cautious hiring sentiment amid evolving economic conditions.Commenting on the Philippines’ job market trends, V Suresh, CEO of foundit, stated, “The continued growth in hiring activity reflects the resilience of the Philippine job market and its steady economic recovery. Key sectors such as Hospitality & Travel, Logistics, and BFSI are driving this momentum. Despite short-term fluctuations, the overall outlook remains positive, with companies strategically focusing on roles that strengthen operational efficiency and enable long-term expansion.”Hospitality & Travel Sector Drives Industry Hiring Growth; Education Sector Faces ChallengesThe Hospitality & Travel sector emerged as the top-performing industry, reporting a 37% year-on-year hiring increase, driven by rising tourist arrivals, infrastructure investments, and supportive governmental policies aimed at bolstering tourism.Logistics, Courier/Freight/Transportation, and Shipping sectors closely followed with 31% annual hiring growth, supported by investments in distribution centres and fleet management.Conversely, the Education sector experienced a 13% year-on-year decline in hiring demand. Similarly, the IT and Telecom sectors recorded an 8% decrease, reflecting cautious employer sentiment amid global economic uncertainties and tech investment realignments.Other sectors demonstrating strong hiring demand annually include BFSI (+13%), Healthcare (+12%), Advertising, Market Research, Public Relations, Media, and Entertainment (+10%), and Engineering, Construction, and Real Estate (+7%). More modest growth was seen in BPO/ITES (+4%), Production/Manufacturing (+3%), Consumer Goods/FMCG (+2%), and Retail (+2%).Purchase and Logistics Professionals in Highest DemandFrom a functional perspective, Purchase/Logistics/Supply Chain roles lead the pack with 36% annual hiring surge, fuelled by expanding operations, supply chain efficiency demands, and significant investments in logistics infrastructure.Sales & Business Development professionals saw 28% growth in demand, alongside Engineering/Production/Real Estate roles at 10%, driven by infrastructure projects and growing market opportunities.However, Software, Hardware, and Telecom professionals experienced a 14% decline in recruitment demand year-on-year, indicative of cautious hiring amid shifting technological priorities and global economic concerns.Moderate increases in hiring were observed for Medical Roles (+10%), Marketing & Communications (+9%), Hospitality Roles (+8%), HR & Admin (+7%), and Finance & Accounts (+6%). Customer Service roles remained stable with no significant annual change (0%).The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by jobs platform, 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.Timeframe for the ReportThe timeframe for the fit data is March 2024 to March 2025.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME), is Asia’s leading jobs and talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to its innovative AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation and interview preparation. foundit has connected over 120 million job seekers across 18 countries with the right job roles and upskilling opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched cutting-edge tools to give recruiters access to passive candidates in addition to active ones. With its advanced technology, foundit is efficiently bridging 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 offer precision hiring.To learn more about, foundit in APAC & Gulf, visit: www.foundit.com.ph | www.foundit.sg | www.foundit.my |www.foundit.in | www.founditgulf.com | http://www.foundit.hk| www.foundit.id For media inquiries or further information, please contact:Namrata Sharma Namrata.sharma@adfactorspr.comContact number - +65 81383034 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Apr 26, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum, co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong SAR (HKSAR) Government and Ningbo Municipal People’s Government, was held Friday, Apr. 25, at the Shangri-La Hotel, Ningbo. The event attracted over 600 government and business leaders who discussed collaboration opportunities among Zhejiang, Ningbo and Hong Kong.The event was held on the 20th anniversary of the Ningbo-Hong Kong Economic Co-operation Forum. Hong Kong’s business advantages were highlighted to Zhejiang government officials as well as business leaders from the finance, supply chain, innovation and technology and professional services sectors. In addition to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises were encouraged to leverage Hong Kong’s platform to explore opportunities.The Forum’s opening ceremony was hosted by Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan this morning, with speeches delivered by the HKSAR Chief Executive John Lee, Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji, Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng, Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin, Vice Governor of Zhejiang Provincial Government Lu Shan, Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue and HKTDC Chairman Dr Peter K N Lam.In his speech, Mr Lee said: "The Hong Kong SAR Government and the HKTDC established a high value-added supply chain service mechanism at the end of last year to help mainland enterprises set up international or regional headquarters in Hong Kong to manage offshore trade and supply chains. Hong Kong has robust international trade networks and rich expertise, diverse talent and world-class professional services. We are well positioned to offer mainland enterprises new supply chain services and lead these businesses in exploring emerging markets, breaking through the US blockade."Mr Zhou stated that the historical ties between Zhejiang and Hong Kong are long-standing, with the two regions sharing close personal relations, cultural connections and commercial linkages. Hong Kong is Zhejiang's largest source of foreign investment, the largest partner in trade in services and second-largest destination for Zhejiang's overseas investments. By the end of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, while Zhejiang had invested in over 3,000 enterprises in Hong Kong. The mutually beneficial collaboration between Zhejiang and Hong Kong is an exemplary model of regional cooperation between the mainland and Hong Kong.Mr Xie stated that Zhejiang's digital economy is vibrant, with outstanding advantages in industry agglomeration and strong momentum in developing industry and information technology. Ningbo and Hong Kong are both international port cities, sharing a close bond, human connection and commercial ties, with a long-standing history of interaction between the two places. Looking towards the future, the Ministry of Industry and Information Technology will continue to support Ningbo and Hong Kong in strengthening exchange and cooperation, promoting complementary advantages to make new and greater contributions to ensure the prosperity of Hong Kong's economy and the nation's modernisation.Mr Yan said that the China Securities Regulatory Commission fully supports mainland enterprises listing in Hong Kong. In March 2023, the China Securities Regulatory Commission implemented new regulations for overseas listings and established a regulatory coordination mechanism with various ministries. Since implementing the new rules, 141 mainland enterprises have completed the filing process for listing in Hong Kong, including 19 enterprises from Zhejiang. Among these, 13 Zhejiang enterprises and one Ningbo enterprise have completed their listing. These companies are involved in key sectors, such as information technology, biomedicine and consumer goods, contributing to the Hong Kong Stock Exchange ranking fourth globally in IPOs in 2024.He pointed out that the next step for the China Securities Regulatory Commission is to continue improving the institutional mechanism to provide a more transparent, efficient and predictable regulatory environment for overseas listings by enterprises.Mr Lu remarked that Hong Kong would become a "super navigator" for Zhejiang's globalisation efforts, while Zhejiang would become Hong Kong's best partner.He said: "In terms of deepening economic cooperation, Zhejiang enterprises can leverage Hong Kong's international platform to further expand into global markets and enhance their brand visibility. Hong Kong enterprises can also increase their investments in Zhejiang and Ningbo to share the benefits of Mainland China's economic development. In the technology field, we see joint efforts by research institutions and enterprises from both sides, and we believe that more technological innovation and industrialisation will be achieved in both regions."Mr Peng stated that for many years, members of Hong Kong’s Ningbo community have been contributing to the development of Hong Kong and the nation, creating many inspiring stories of patriotism showing love for their hometown and showcasing entrepreneurial innovation.He noted: "In recent years, cooperation between Ningbo and Hong Kong has been greatly advanced and continuously deepened, yielding fruitful results. For the people of Ningbo, Hong Kong is not only the world-renowned 'Pearl of the Orient', but also a vital force driving Ningbo's reform, opening up, and modernisation. It is a place of deep emotional connections and an opportunity-rich city linking us to the wider world. Ningbo will strive to elevate Ningbo-Hong Kong cooperation to new heights."Dr Lam said: “This event showcased Hong Kong’s unique advantages as an international business hub and explored how Zhejiang enterprises, particularly those from Ningbo, can leverage our business platform and partner with our expert professional services to optimise their operations and accelerate their global expansion.”Following the opening ceremony, Deputy Financial Secretary of the HKSAR Government Michael Wong introduced Hong Kong’s advantages, encouraging Zhejiang enterprises to utilise Hong Kong's platform to connect with international markets. He noted that since 2022, over 80 key enterprises have established themselves or expanded their operations in Hong Kong, with 80% coming from Mainland China, including many leading companies across fields, such as AI and robotics, data science, advanced manufacturing, clean energy, life and health technology and fintech.Mr Wong said: "In this era, in which the global economy and international trade face significant challenges, we need to unite and work together more than ever. In Hong Kong, we will leverage our strengths to meet the nation's needs and actively integrate into the country's overall development. We hope to join hands with mainland enterprises to create a better tomorrow."In her keynote speech, Casa Bauhinia Co-Founder Prof Anna Pao Sohmen shared insights on future Zhejiang (Ningbo) - Hong Kong collaboration. She stated that Hong Kong enjoys a long-standing legal system, an open free market and an excellent strategic location, and with the enterprising spirit of Ningbo enterprises, they can surely create golden opportunities. She said: "The pragmatic and open approach of Ningbo, combined with Hong Kong's 'Lion Rock spirit' and can-do approach, will certainly lead to breakthroughs."During the event, Invest Hong Kong signed MOUs with 12 Zhejiang (including Ningbo) enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects.On Thursday, HKSAR Chief Executive John Lee and Secretary of the Zhejiang Provincial Committee Wang Hao attended the First Plenary Session of the Hong Kong/Zhejiang Co-operation Conference. The Zhejiang/Hong Kong co-operation mechanism was established during the conference, marking a new chapter for comprehensive exchange and collaboration between the two regions. At the meeting, the two governments signed MoUs on 13 key areas, covering 51 projects. One MoU signed between HKTDC and the Department of Commerce of Zhejiang Province outlined aims for the HKTDC to proactively encourage Hong Kong businesses to invest and expand in Zhejiang, and to also organise trade delegations from various sectors to visit Zhejiang. The two counterparts will continue to explore new areas of trade collaboration to promote high-quality development.During the panel discussion on Friday, distinguished guests – including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai, Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan; and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung – exchanged thoughts on collaboration opportunities in finance, I&T and supply chain. Executive Director and Co-President of Tigermed Hao Wu also shared his company’s success in achieving international growth by leveraging Hong Kong’s platform.The three thematic roundtable sessions held in the afternoon attracted numerous enterprises. Focusing on topics such as listing in Hong Kong, opportunities for innovation and technology companies, and cross-border supply chain management, the sessions brought together institutions and businesses from Hong Kong and Zhejiang for in-depth and targeted discussions on future collaborations.During the event, HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendees.The forum has become an important platform for deepening Zhejiang-Hong Kong collaboration, enabling more mainland enterprises to leverage Hong Kong’s business advantages and partner with its professional services sector to expand globally.Photo download: https://bit.ly/3GonfSlHKSAR Chief Executive John Lee (seventh left), Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji (sixth left), Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng (fifth right), Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin (fourth left), Vice Governor of Zhejiang Provincial Government Lu Shan (fifth left), Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue (sixth right), Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan (second left), HKTDC Chairman Dr Peter K N Lam (third right) and HKTDC Executive Director Margaret Fong (first right) attended Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum todayHKSAR Chief Executive John LeeExecutive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou JiChief Engineer of the Ministry of Industry and Information Technology Xie ShaofengChief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan BojinVice Governor of Zhejiang Provincial Government Lu ShanStanding Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng JiaxueHKTDC Chairman Dr Peter K N LamDeputy Financial Secretary of the HKSAR Government Michael WongCo-founder of Casa Bauhinia Prof Anna Pao SohmenDuring the panel discussion, distinguished guests, including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai (2nd left), Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan (2nd right); and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung (1st right), exchanged thoughts on collaboration opportunities in finance, I&T and supply chainDuring the event, Invest Hong Kong signed MOUs with 12 Zhejiang enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects. HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendeesMedia enquiriesCity Express (PR agency):Lou JinjingTel: (86) 15005897910Email: loujinjing@hbjt.com.cnLiu YingTel: (86) 15706780806Email: 894353323@qq.comHKTDC’s Shanghai Office:Sun PingTel: (86) 21-63528488Email: p.sun@hktdc.orgHKTDC’s Communications & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.