Media OutReach
KPMG Releases Ninth Annual Hong Kong Employment Outlook Report
Organisations should balance optimisation and workforce expectations
HONG KONG SAR – Media OutReach Newswire – 19 March 2025 – KPMG China announced today the release of its ninth annual Hong Kong Employment Outlook survey, providing insights into the latest trends and challenges facing the region’s employment market. The report covers the headcount expectations of Hong Kong professionals, a salary outlook with an analysis of compensation and benefits in the region, talent management trends to retain and attract talent, areas of growth for companies, and a multi-sectoral salary table. It reveals a cautious employment market in Hong Kong, with C-level executives expressing slightly more optimism about hiring in 2025 compared to 2024 albeit with more uncertainty also creeping in. However, overall headcount expectations have decreased slightly year-over-year across most sectors.
Conducted between 2 and 14 January 2025, the survey collected the perspectives of 425 Hong Kong business executives and professionals on employment trends and career opportunities in Hong Kong and the wider Greater Bay Area (GBA). Respondents were drawn from various sectors, with 53% of respondents’ organisations being headquartered in Hong Kong. Among the respondents, 50% held leadership positions (21% C-level and 29% department head or equivalent). This year also marks the first time the survey was expanded to Singapore, for which the findings are covered in a separate publication.
David Siew, Head of People Services, Tax, KPMG China, says: “Evolving business needs, shifting workforce demographics, and technological advancements will drive Hong Kong’s employment market. Organisations will need to strike a balance between the optimisation of their operations and the evolving expectations of the workforce for long-term success.”
The report highlights the growing importance of talent management for Hong Kong-based organisations, with employers increasingly focusing on attracting and retaining top talent. Key findings include:
- A cautious hiring market: Whilst C-suites retain a more optimistic view of increasing or maintaining headcount in 2025 (76%), the increasing uncertainty creeping in suggests that employers will be more cautious in a challenging market.
- Subdued salary expectations: Across all respondents, 74% are expecting a pay rise in 2025 against 78% the year prior.
- Career moves are on a downtrend: 14% of survey respondents reported having made a career move in 2024 against 15% in 2023 and 23% in 2022.
- Stability is increasingly sought after: 39% of respondents put stability as their top non-monetary factor when choosing a new employer, up from 31% in 2024.
- Talent demand adapts to market conditions: 97% of C-level and HR respondents experienced challenges in hiring the right talent, with 53% finding these challenges unmanageable.
The report also explores the impact of generative AI on the Hong Kong employment market, with more than half of Hong Kong respondents reporting that their organisations have adopted Gen AI in the past 12 months.
Finally, this year’s report touches on GBA opportunities for Hong Kong-based organisations, with 65% of respondents reporting their organisation is either already operating in other GBA cities or planning to expand there within the next three years. The GBA also offers a deep talent pool of qualified professionals that Hong Kong-based organisations have increasingly leveraged: half (51%) of C-level and HR respondents hired talent from the Chinese Mainland in 2025 while 28% hired from overseas markets.
Hashtag: #KPMG
The issuer is solely responsible for the content of this announcement.
About KPMG China
KPMG in 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. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.
KPMG is a global organisation 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 142 countries and territories with more than 275,000 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.
Celebrating 80 years in Hong Kong
In 2025, KPMG marks “80 Years of Trust” in Hong Kong. Established in 1945, we were the first international accounting firm to set up operations in the city. Over the past eight decades, we’ve woven ourselves into the fabric of Hong Kong, working closely with the government, regulators, and the business community to help establish Hong Kong as one of the world’s leading business and financial centres. This close collaboration has enabled us to build lasting trust with our clients and the local community – a core value celebrated in our anniversary theme: “80 Years of Trust”.
Media OutReach
PERSOL Unveils Unified Regional Outsourcing Brand to Drive Digital Transformation and Operational Excellence in Singapore
PERSOL Outsourcing will deliver tailored end-to-end solutions for today’s evolving business landscape
SINGAPORE – Media OutReach Newswire – 31 March 2026 – PERSOL, Asia Pacific’s leading HR solutions provider, today announced the official launch of PERSOL Outsourcing. This strategic rebranding brings together the collective strengths of P-Serv and EVO, creating a unified, future-ready outsourcing brand designed to help businesses navigate an increasingly complex and tech-driven market.
The rebranding of P-Serv and EVO as PERSOL Outsourcing marks a significant milestone in PERSOL APAC’s regional growth strategy. By combining three decades of operational stability with digital capabilities, PERSOL Outsourcing is positioned to deliver tailored end-to-end solutions that integrate People, Process, and Technology.
“The launch of PERSOL Outsourcing reflects our commitment to scaling smarter and innovating faster for our clients,” said Foo See Yang, Managing Director and Strategic Business Group Head, PERSOL APAC. “By unifying our business process design and technical expertise under one brand, we can deliver more comprehensive, scalable, and future-ready solutions to our clients in the region. The rebranding allows PERSOL APAC to better support clients’ evolving needs in areas such as digital transformation, workforce optimisation, and operational resilience.”
Tailored Solutions for an Increasingly Complex Landscape
PERSOL Outsourcing addresses the rising demand for agile delivery models in a regional Business Process Outsourcing (BPO) market that is expected to reach US$147.06 billion by 2032. As regional enterprises increasingly seek partners who can navigate this rapid growth through specialised domain expertise, PERSOL Outsourcing will focus on delivering solutions across three core pillars:
- Customer Experience: Supporting service delivery across all touchpoints, from customer service management to omnichannel contact centre operations and front-of-house operations.
- Corporate Services: Streamline complex shared service operations through a comprehensive suite of solutions including Human Resource Advisory, Finance, Marketing, and Compliance. Services include the management of intricate administrative, facility, and regulatory requirements based on organisational needs and growth trajectories.
- Technical: Driving digital transformation through engineering and IT infrastructure management. Capabilities span cloud operations, digital support, and platform management, leveraging AI implementation and automation to innovate and improve core business processes.
Effective immediately, P-Serv and EVO will operate under the PERSOL Outsourcing brand. The integration will allow clients to tap into an expanded suite of regional resources and digital innovations designed to drive greater operational efficiency.
For more information, please visit https://www.persoloutsourcing.com/.
Hashtag: #PERSOLOutsourcing
The issuer is solely responsible for the content of this announcement.
About PERSOL Outsourcing
PERSOL Outsourcing is a regional strategic partner delivering comprehensive outsourcing solutions that seamlessly integrates people, process, and technology. As a newly integrated brand following the rebranding of P-Serv and EVO, PERSOL Outsourcing unites three decades of operational excellence with deep domain expertise to drive agility and resilience for enterprises across Asia-Pacific.
About PERSOL APAC
PERSOL is Asia-Pacific’s leading Staffing and HR solutions partner, operating across 13 markets with deep local insight and regional scale. With more than 140 offices and decades of experience, we deliver integrated workforce solutions that are tailored, tech-enabled, and designed for the dynamic world of work.
We combine human expertise with smart technology to help organisations solve workforce challenges, unlock potential, and stay ahead of change. From recruitment and talent management to workforce strategy and advisory, our collaborative approach puts your goals at the centre.
In 2025, we came together under the PERSOL name – reflecting our bold vision for the future of work and our Group’s Vision: ‘Work and Smile’. Whether you’re building teams, growing careers, or transforming how work gets done, we’re here.
Media OutReach
PERSOL Introduces Unified Regional Outsourcing Brand to Boost Digital Transformation and Operational Excellence in Malaysia
PERSOL Outsourcing will deliver tailored end-to-end solutions for today’s evolving business landscape
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 31 March 2026 – PERSOL, Asia Pacific’s leading HR solutions provider, today announced the official launch of PERSOL Outsourcing. This strategic rebranding brings together the collective strengths of P-Serv and EVO, creating a unified, future-ready outsourcing brand designed to help Malaysia businesses navigate an increasingly complex and tech-driven market.
The rebranding of P-Serv and EVO as PERSOL Outsourcing marks a significant milestone in PERSOL APAC’s regional growth strategy. By combining three decades of operational stability with digital capabilities, PERSOL Outsourcing is positioned to deliver tailored end-to-end solutions that integrate People, Process, and Technology.
“The transition to PERSOL Outsourcing is a natural evolution of our deep-rooted presence in Malaysia and the wider region,” said Brian Sim, Managing Director and Country Head of PERSOL Malaysia. “By unifying the specialised domain expertise of P-Serv and EVO, we are better positioned to help our clients navigate the evolving business and workforce landscape. Our clients will continue to work with the same expert teams they trust, but with the added benefit of unified regional scale and enhanced digital capabilities that drive long-term resilience and efficiency.”
Tailored Solutions for an Increasingly Complex Landscape
PERSOL Outsourcing addresses the rising demand for agile delivery models in a regional Business Process Outsourcing (BPO) market that is expected to reach US$147.06 billion by 2032. In Malaysia, Customer Experience BPO market generated US$1.43 billion in 2024 and is projected to grow at a CAGR of 12.5% by 2030. As local and regional enterprises increasingly seek partners who can navigate this rapid growth through specialised domain expertise, PERSOL Outsourcing will focus on delivering solutions across three core pillars:
- Customer Experience: Supporting service delivery across all touchpoints, from customer service management to omnichannel contact centre operations and front-of-house operations.
- Corporate Services: Streamline complex shared service operations through a comprehensive suite of solutions including Human Resource Advisory, Finance, Marketing, and Compliance. Services include the management of intricate administrative, facility, and regulatory requirements based on organisational needs and growth trajectories.
- Technical: Driving digital transformation through engineering and IT infrastructure management. Capabilities span cloud operations, digital support, and platform management, leveraging AI implementation and automation to innovate and improve core business processes.
Effective immediately, P-Serv and EVO will operate under the PERSOL Outsourcing brand. The integration will allow clients to tap into an expanded suite of regional resources and digital innovations designed to drive greater operational efficiency.
For more information, please visit https://www.persoloutsourcing.com/.
Hashtag: #PERSOLOutsourcing
The issuer is solely responsible for the content of this announcement.
About PERSOL Outsourcing
PERSOL Outsourcing is a regional strategic partner delivering comprehensive outsourcing solutions that seamlessly integrates people, process, and technology. As a newly integrated brand following the rebranding of P-Serv and EVO, PERSOL Outsourcing unites three decades of operational excellence with deep domain expertise to drive agility and resilience for enterprises across Asia-Pacific.
About PERSOL APAC
PERSOL is Asia-Pacific’s leading Staffing and HR solutions partner, operating across 13 markets with deep local insight and regional scale. With more than 140 offices and decades of experience, we deliver integrated workforce solutions that are tailored, tech-enabled, and designed for the dynamic world of work.
We combine human expertise with smart technology to help organisations solve workforce challenges, unlock potential, and stay ahead of change. From recruitment and talent management to workforce strategy and advisory, our collaborative approach puts your goals at the centre.
In 2025, we came together under the PERSOL name – reflecting our bold vision for the future of work and our Group’s Vision: ‘Work and Smile’. Whether you’re building teams, growing careers, or transforming how work gets done, we’re here.
Media OutReach
Maharlika Consortium Breaks Ground for PHP 2 Billlion Microgrid Investment Powering 12,000 Philippine Homes
Right Image:
Maharlika Consortium is a recognized leader in microgrid innovation, deploying best-in-class technology that includes advanced solar PV power, high-performance battery storage systems (BESS), intelligent hybrid generation, smart meters, and sophisticated distribution grids to deliver 24/7 clean, affordable, and reliable electricity to residential and commercial consumers.
Awarded following a competitive selection process by the Philippine government under the Qualified Third Party Programme (QTP) and the new Microgrid Service Provider (MGSP) Act, the approved microgrids will deploy a smart, clean, and modern utility-grade power infrastructure. The portfolio will initially deploy 7 MWp Solar PV, BESS totaling 8.0 MWh, efficient diesel capacity of 3.5 MW and a smart power distribution network of 225 km across the three provinces. This ambitious undertaking is expected to generate approximately 300 full-time jobs during the 10-12 month construction period, with 30 permanent positions for operations and maintenance (O&M) and additional part-time sub-contractors for ongoing maintenance works.
This significant milestone underscores the Philippine government’s intensified efforts to fast-track rural electrification projects. These initiatives are propelled through pathways such as the Certified Energy Project of National Significance (CEPNS) designation and inter-agency streamlining, consistent with the respective mandates and authorities of the concerned government agencies, a push acknowledged by President Ferdinand R. Marcos Jr., Energy Secretary Sharon S. Garin and ERC Chairperson Atty. Francis Saturnino C. Juan. Now facing a global oil crisis, more than ever, decentralized and hybrid power infrastructure is the country’s best strategy to increase its energy security. Such hybrid powered microgrids will reduce the burden on fuel subsidies by the government while ensuring business continuity in entire communities, because over 50-60 percent of the power is generated from locally available sunlight.
In Palawan, a province celebrated for its environmental efforts and home to the world-class pioneering Sabang microgrid, the news was warmly received by local leadership. “This program is about creating opportunities, improving lives, and building a brighter future for every San Vicentenian. As we lay the foundation today, we are not only building infrastructure—we are building hope.” said San Vicente Mayor Ramir R. Pablico.
Community leaders and indigenous representatives also expressed strong support for the project, highlighting its long-awaited impact on education, livelihoods, and cultural continuity. “We have been waiting a long time for this project because our community truly wants access to electricity. While I know some of our residents may face challenges in getting connected due to financial constraints, I am confident they will find ways, because they want their children to study well. Reliable lighting will help ensure better education for our community,” said Barangay Captain Alvin J. Marsi of Taburi. “We are grateful to our elders and the Indigenous Political Structure for their support through the entire approval process. Their consent reflects a shared aspiration to advance and develop their community,” said Dina C. Pascual, Municipal Indigenous Peoples Mandatory Representative (IPMR). “This project is very meaningful for us. I believe this is not only for our generation, but especially for the children. We hope that access to electricity will encourage our youth to stay, so they can continue to protect and uphold the rights of our indigenous community,” shared Ebredy Orok, an Indigenous community elder, who affirmed that the project has been granted a Free Prior Informed Consent (FPIC) through the National Commission on Indigenos Peoples (NCIP).
Her Excellency Ambassador Constance See of Singapore, who led key dignitaries during the ceremony, underscored the broader significance of the project, highlighting both its development impact and the strength of bilateral cooperation. “This is not just an energy project—it is a development project. Projects like this microgrid strengthen livelihoods, improve access to essential services, and demonstrate how Singapore and the Philippines can work together to deliver practical, lasting benefits for communities.”
Atem S. Ramsundersingh, CEO of WEnergy Global, the pioneering company in hybrid power systems and offgrid microgrids over past 14 years, highlighted the significant opportunity for financiers. “We invite financing institutions to join this movement as lenders, claim real, measurable SDG impact, and gain early access to an approximately US$7 billion off-grid infrastructure market in the Philippines. Our 24-site portfolio is diversified, de-risked, and shovel-ready, now also open for financing of 8 additional sites. We expect to apply for more offgrid microgrid sites in 2026 and beyond and invite national and international investors to join this mission.”
“These approvals and the subsequent groundbreaking validate our approach: building bankable, scaleable microgrids to empower the over 2 million Filipino households that remain unenergized,” added Quintin V. Pastrana, President of Maharlika Clean Power Holdings. “We are grateful to our partners who have sustained their patience and determination to secure the necessary approvals under this new regulatory framework and believe with this experience and more streamlined processes, we can bring in more private sector investment to support the government reach its 100% household energization target within the decade.”
With the groundbreaking successfully completed, construction is now officially underway. While development will proceed in phases, ensuring all DENR clearances, final local government unit permits, and compliance with remaining ERC requirements are meticulously secured, the Maharlika Consortium remains steadfast in its aim to have every community energized by Christmas 2026, bringing 24/7 power to households, schools, barangay health stations, and micro, small, and medium enterprises. These decentralized power infrastructure systems are also opening up opportunities for owners and operators of micro and containerized data centers to co-locate with this decentralized set up and the use of clean energy sources.
Backed by the ERC, DOE and DENR, and with vital support from governors, mayors and barangays clearing rights-of-way and permits, this program marks a decisive shift in how rural electrification gets done in the Philippines: faster, accountable and designed for impact. The Maharlika Consortium is matching that public resolve with WEnergy Global driving disciplined execution, engineering with suppliers and local contractors to deliver fit-for-island components and climate-resilient power networks that withstand typhoons, floods and earthquakes. The objective is specific and measurable: close the energy-poverty gap in our host communities, unlock local jobs and services, and deliver lifetime reliability and value for money.
Hashtag: #MaharlikaConsortium #WEnergy
The issuer is solely responsible for the content of this announcement.
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