Media OutReach
AI adoption across Finance functions achieves standout levels of ROI with usage only set to increase
71% of organisations are using AI in their finance operations
- 57% of leaders say ROI is exceeding their expectations, compared to 29% of others.
- Financial reporting is the most common usage area – but this is widening out to include treasury management, risk management and tax
- Nearly three-quarters of leaders have developed principles and guidelines on the responsible use of AI
HONG KONG SAR – Media OutReach Newswire – 4 December 2024 – New research from KPMG International reveals the dramatic extent to which artificial intelligence (AI) is being deployed in organisations’ finance operations – with compelling levels of ROI and a wide range of benefits including better data and decisions, faster insights and reporting, lower costs, and greater operational effectiveness. The KPMG report reveals that organisations are extracting the most value from machine learning, deep learning, and generative AI and report the ROI from these technologies is either meeting or exceeding expectations.
The research, published in the KPMG global AI in finance report, covered 2,900 organisations across 23 countries and built upon research conducted earlier this year across 1,800 organisations in 10 countries. A maturity framework was created to assess respondents into three AI-readiness groups: 24% of organisations qualify as Leaders, while 58% are middle ground Implementers, and 18% are Beginners. KPMG has also developed an AI maturity benchmarking tool designed to help organisations assess their progress in the AI transformation journey.
AI deployment grows, Gen AI a key future priority
71% organisations are using AI to some degree in their financial operations. Currently, 41% of them are using AI to a moderate or large degree – and this is predicted to rise to 83% over the next three years. In just six months since the first wave of research, the spread of AI is already visible. Whereas in April 2024, 40% of organisations in the original 10 countries were using traditional AI in their finance operations to a moderate or large degree, this has increased to 45 percent.
The use of Gen AI has also grown. The percentage of companies with no intention to use Gen AI has fallen from 6% to just 1% now. Gen AI has become a top priority for the future, with 95% of leaders and 39% of others expecting to selectively or widely adopt it within financial reporting in the next three years.
Adoption everywhere
KPMG’s research also underlines the extent to which AI is being utilised around the world. While companies in the US, Germany and Japan are well ahead in AI usage, other major economies, such as Italy and Spain, are behind. The same dichotomy is evident in emerging markets, with China and India ahead in AI usage, and Saudi Arabia and the African countries further behind.
Adam Scriven, Head of Finance Transformation, Hong Kong at KPMG China, says: “Building AI capability has become an imperative for CFOs and Finance functions in embracing the digital age. It’s critical to recognise that AI is a capability, and not a technology product. We all have to start the AI journey, learn and build better capabilities. KPMG is helping clients establish the right data and systems, modelling and analytics backbone in order to harness the power of AI. KPMG is also co-creating AI solutions with clients to help build capability and go on the journey together.”
Alan Yau, Audit Innovation Leader at KPMG China, says: “AI in financial reporting is transforming the industry with enhanced accuracy, efficiency, and real-time insights. As a mega trend, AI enables predictive analytics and data-driven decisions. Upskilling and retaining talent are crucial in this evolution. Organisations must prioritise continuous learning to equip their workforce with AI skills, fostering innovation and adaptability, in order to drive sustainable growth and maintain a competitive edge in the market.”
AI usage opening out across finance
Companies are turning to AI in every area of corporate finance. Financial reporting is the most widespread usage area, with nearly two-thirds of companies piloting or using AI for reporting, accounting and financial planning. But other areas are following suit: nearly half of companies are now piloting or using AI for treasury and risk management. This can generate better debt management, cash-flow forecasting, fraud detection, credit risk assessment, and scenario analysis in the treasury and risk management functions. Tax management, however, sits slightly further behind. Less than one-third of companies piloting or using AI in this area, although about half are in the planning stage.
Leaders moving ahead
Leaders are showing the way, with more than three times as many leaders (87%) as others (27%) using AI in finance to a moderate or large degree. Leaders are moving fast and have on average developed six use cases for AI, almost double the number amongst others. Top areas for usage are research and data analysis (85%), fraud detection and prevention (81%), predictive analysis and planning (78%), and using Gen AI for composing documents and other content (75%).
Common barriers that all companies encounter include data security vulnerabilities (57%), limited AI skills and knowledge (53%), gathering consistent data (48%) and costs (45%) – but leaders are better able to navigate these through the steps they have taken. Their chief barriers become more advanced ones, such as integrating AI solutions with existing tools and overcoming any residual staff resistance.
Reaping the benefits and achieving ROI
As the use of AI in finance grows, the dividends multiply. When starting out, finance teams report two to three benefits. By the time they are leaders, that number is seven.
Just as the benefits from AI can rise with its usage, so does the potential return on investment. As a result, a remarkable 57% of leaders say ROI is not just meeting but exceeding their expectations. Even amongst less advanced adopters, nearly one third (29%) report the same.
Stanley Sum, Head of Digital Enablement at KPMG China, says: “AI is reshaping the finance function, paving the way for both potential opportunities and challenges. Hence, robust AI governance is not merely conducive to meeting regulatory demands, but it stands as an essential component. KPMG assists its clients in their journey to manage risks, promoting transparency and the ethical usage of AI in governance. By implementing mindful supervision now, we help safeguard the future of finance.”
Hashtag: #KPMGChina
The issuer is solely responsible for the content of this announcement.
About KPMG China
KPMG China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.
KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.
KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong firm can trace its origins to 1945. This early commitment to this market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in KPMG’s appointment for multidisciplinary services (including audit, tax and advisory) by some of China’s most prestigious companies.
Media OutReach
Empowering Hongkongers to Build Side Businesses — Asia Coach Group Partners with E-Commerce Educator Francisco Ho to Launch the New “10x E-Commerce System” Course
Nearly 40% of Hongkongers Run a Side Business — E-Commerce Emerges as the New Frontier
According to a Glassdoor-Harris poll, nearly 40 per cent of Hongkongers maintain a side business to meet rising living costs. A separate Statista survey found that 64 per cent of Hong Kong e-commerce operators expect revenue growth of 10 to 20 per cent in 2026. As digital tools become more accessible and barriers to entry continue to fall, a growing number of professionals and young entrepreneurs are turning to independent branded online stores to broaden their business reach, driving a surge in demand for systematic e-commerce knowledge and hands-on operational skills.
A New Entrepreneurial Pathway for Professionals
Francisco Ho said: “More and more professionals in Hong Kong are exploring how to turn their expertise or personal interests into a sustainable brand. The appeal of e-commerce lies in its relatively low barrier to entry and its potential for scalability. You don’t need to leave your day job to build a business from the ground up. The 10x E-Commerce System is built for exactly these individuals — offering a practical, actionable framework that turns ‘I want to give it a try’ into a concrete first step.”
The programme moves beyond the conventional reliance on third-party marketplace platforms, teaching participants to establish independently branded online stores. Through data-driven product selection strategies, seasonal consumer psychology analysis, and AI-powered tools, learners are equipped to capitalise on peak holiday shopping periods.
Four Core Modules — Building a Complete E-Commerce Skill Chain
The curriculum is structured around four core modules that together form a comprehensive e-commerce skill chain. The “P.V.S. Value Bundling Method” leverages data-driven insights for precision product selection and high-margin product development. The “S-Tier Supply Chain Alliance System” establishes asset-light partnership models that reduce capital pressure and inventory risk. The “KOL Traffic Monetisation Engine” provides a replicable framework for influencer collaboration and short-form video traffic generation. Finally, the “AI Growth Flywheel” integrates automated customer service, AI-powered predictive product selection, and dynamic pricing mechanisms, working in tandem with the Shopify platform to enable highly efficient, automated store operations — allowing participants to sustain and grow their business even while maintaining full-time employment.
A Homegrown Mentor with a Global Footprint
Course instructor Francisco Ho is the founder of two online stores each generating over HKD 100 million in annual revenue, with combined annual sales exceeding USD 17 million. His business portfolio spans Korean cosmetics brand BLESSEDMOON, investment firm COLLECTED GROWTH, and the business programme Pitching Dojo. Having launched a large-scale online store and established his own manufacturing facility at the age of 20, Ho is a member of the World Elite Leaders Alliance and has to date mentored over 100 students in successfully scaling their e-commerce businesses.
As Hong Kong’s e-commerce market enters a phase of accelerated growth, the data-driven and AI-empowered approach championed by the 10x E-Commerce System represents a vital resource for local entrepreneurs seeking to ride the digital economy wave and break through in an increasingly competitive landscape.
Hashtag: #Ecommerce #Business #Entrepreneurship #Coaching #FranciscoHo #10xEcommerceSystem
https://asiacoachgroup.com/The issuer is solely responsible for the content of this announcement.
About Asia Coach Group
Founded in 2019, Asia Coach Group is a premier business education institution serving professionals and organisations across Asia. Our mission is to develop high-calibre business leaders and equip them with the skills, strategies, and mindset to drive measurable results.
To date, we have trained over 10,000 participants — from C-suite executives and seasoned professionals to first-time founders — generating more than HKD 300 million in cumulative revenue. Our faculty comprises six domain-expert instructors specialising in e-commerce, sales, investment, and corporate performance training.
Media OutReach
Only 1 in 5 Professionals in Singapore and Malaysia Demonstrate AI-Ready Skills, New Epitome Data Reveals
Aggregated multi-year assessments in Singapore and Malaysia highlight skills gaps as AI adoption accelerates
SINGAPORE – Media OutReach Newswire – 16 February 2026 – As artificial intelligence adoption accelerates across organisations, new data from workforce intelligence company Epitome Global signals that skills gaps may constrain the next phase of AI-driven productivity.
Based on aggregated skills assessments conducted across Singapore and Malaysia between 2023 and 2025, only around one in five professionals consistently demonstrate characteristics associated with AI-ready skills, including persistence, curiosity and reflective learning.
The findings are drawn from assessment data involving more than 200 participants across workforce development, employability and organisational programmes. While more than 70% of participants report advanced digital literacy, deeper skills gaps remain: approximately 56% rate themselves at a basic level in decision-making, and around 42% report only basic confidence in computational thinking, skills increasingly required to supervise AI tools, interpret outputs and integrate technology into workflows.
The data signals that as AI tools become more accessible, workforce readiness, rather than technology availability, may emerge as the primary constraint on performance in 2026.
“AI tools are scaling faster than workforce readiness,” said Kevin Chan, CEO of Epitome Global. “In the next phase of adoption, the differentiator will not be access to technology, but clarity around what people can actually do, how they make decisions, adapt and collaborate with AI-enabled systems.”
Five Workplace Trends to Watch in 2026
Based on these findings, Epitome identifies five workplace trends expected to shape organisations in 2026:
- Disengagement and skills decay as rising risks to productivity and performance: Only around 1 in 5 workers consistently display behaviours associated with AI ready talent, such as persistence, curiosity and reflective learning.
- Rapid AI adoption in the workplace in 2025 revealed gaps in AI integration: Despite strong uptake, 65% of organisations in Singapore remain focused on basic AI use cases, highlighting limits in scaling and embedding AI into workflows.
- Workers across Southeast Asia and India shifting from cost based outsourcing toward higher value technical roles: Professionals in markets such as the Philippines, Vietnam and India are expanding into engineering, product, IT and data science functions, competing more directly in global talent markets.
- Intensifying fire and hire cycles as organisations rebalance skills: In 2026, companies will continue to cut roles that no longer match future needs while hiring selectively for advanced technical and cross functional capabilities.
- Senior employability becoming more strategic in AI driven organisations: As Asia ages, employers are looking at how senior professionals can contribute as knowledge carriers, reviewers of AI assisted outputs and cross functional mentors.
As organisations move further into 2026, differences in outcomes are likely to be shaped less by the number of AI tools deployed and more by how clearly organisations understand, measure and develop workforce skills.
For the full market commentary, visit: https://epitome.global/
Hashtag: #epitomeglobal #technology #singapore #business #AI
https://epitome.global/
https://www.linkedin.com/company/epitome-global-pte-ltd/?originalSubdomain=sg
The issuer is solely responsible for the content of this announcement.
Epitome Global
Founded in 2016 and headquartered in Singapore, Epitome Global is a workforce intelligence and skills analytics company that helps organisations understand, develop and deploy talent in an AI-enabled economy. Combining data analytics, artificial intelligence and sector-specific expertise, Epitome Global supports public and private sector organisations in workforce planning, skills assessment and targeted upskilling.
With approximately 1.3 million user profiles captured to date, Epitome Global leverages human capital analytics to power dashboards and workforce decision-making for enterprises and government agencies globally. Its platforms inform decisions around talent mobility, skills development and workforce transformation at scale.
Media OutReach
Lee Kum Kee Sauce Serves as Platinum Sponsor of the 2026 Chinese New Year Festival & Market Day
Bringing Festive Flavours and Delicious Moments to the Community
AUCKLAND, NEW ZEALAND – Media OutReach Newswire – 16 February 2026 – Lee Kum Kee Sauce (“Lee Kum Kee”), the global leader of Asian sauces and condiments, marked a successful debut as the Platinum Sponsor of the 2026 Chinese New Year Festival & Market Day in Auckland. Co-hosted by the Auckland Chinese Community Centre (ACCC) and Channel 33, this festival was held on 14 February 2026, in celebration of the upcoming Year of the Horse, bringing together families, community groups, and cultural performers.
Set against the backdrop of the Auckland Showgrounds, the festival featured over 200 specialist stalls offering traditional Chinese hot delicacies, festive foodstuffs and traditional arts and crafts, attracting over 20,000 visitors. The extensive entertainment programme included lion dances, traditional Chinese songs and performances that brought the spirit of the celebrations to life.
Lee Kum Kee set up a captivating booth experience for festivalgoers of all ages, allowing them to explore an extensive range of sauces through delectable tastings, exclusive promotional sales, and the exciting “Chopstick Lucky Dip” prize-giving game, which drew enthusiastic participation throughout the event.
In serving the local community, Lee Kum Kee aims to bring traditional festive moments to life. Gary Hui, Business Development Director – Oceania of Lee Kum Kee Sauce, remarked, “Spring Festival represents family, togetherness, and the joy of sharing meals. We are proud to support an event that reflects these values. Whether you are discovering new tastes or enjoying familiar favourites, we hope this festival brings joy and connection to all.”
A trusted household name for generations, Lee Kum Kee is renowned for its authentic Asian sauces that inspire home cooking and festive dining. Through on-going community partnerships and cultural celebrations, Lee Kum Kee remains committed to supporting local communities while promoting Chinese culinary culture worldwide through the joy of food.Hashtag: #LeeKumKee #LKK
https://www.LKK.comThe issuer is solely responsible for the content of this announcement.
About Lee Kum Kee
Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions, and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create, and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee’s rich heritage, unwavering commitment to quality, sustainable practices, and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.
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