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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”.
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Coffex Coffee Malaysia to Host “Coffee, Planet and Us 2025” to Champion Sustainable Living
This one-day event is part of Coffex Coffee and MONO Origine’s ongoing mission to advocate for environmental responsibility, ethical practices, and conscious consumption. The platform brings together thought leaders from agriculture, packaging, wellness, and design to explore the role of sustainability across industries.
Kelvin Ngow, Executive Director of Coffex Coffee Malaysia, will deliver the keynote address, setting the tone for a day of meaningful discussion, awareness, and collaboration.
The speaker lineup includes:
- Felipe Croce (FAF Coffees Brasil) – Regenerative farming as a model for climate resilience
- Paul Vaughan (Parkside Flexibles Asia) – Reducing packaging waste through sustainable innovation
- Jaclynnd Wong (Zero Waste Earth Store) – Mindful and intentional waste management
- Irene Lim (KIAN Furniture) – From Sea to Seat : Transforming waste into sustainable furniture and materials
- Dr Janira Kumari (Regen Nutracell Wellness) – Toxin-free living and regenerative wellness
- Dr Leroy Rebello (Biotex Life Inc.) – Insights on integrating biotechnology with wellness and sustainability practices for improved quality of life.
“Coffee, Planet and Us 2025 is more than a gathering—it’s a call to act responsibly for our future, our health, and our planet,” says Kelvin.
Participants will enjoy engaging keynote and speaker sessions, networking opportunities during coffee breaks, and a lunch session designed to spark collaboration among attendees.
Event Details:
Date: 30 April 2025
Time: 10:00 AM – 5:00 PM
Venue: UOW Malaysia, Glenmarie
RSVP Contact: Masrini Elias | masrini.elias@coffexcoffee.com | +60 16-328 2697
Hashtag: #MONOOrigine #CoffexCoffee #Ethicalsourcing #sustainability #ESG
https://coffexcoffee.com/
https://www.linkedin.com/company/coffex-coffee-malaysia/
https://www.facebook.com/coffexcoffeemalaysia/
https://www.instagram.com/coffexcoffeemalaysia/
The issuer is solely responsible for the content of this announcement.
Coffex Coffee Malaysia
Coffex Coffee Malaysia is a leading provider of premium coffee beans and machines, dedicated to quality, innovation, and sustainable practices in the coffee industry. Through events like C.P.U., Coffex Coffee continues its mission to inspire a better, greener tomorrow.
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Coliwoo Strengthens Community Engagement Through Exclusive Upskilling Workshops for Members
- Coliwoo is a leading co-living space provider in Singapore, offering flexible rental solutions with fully furnished units, communal facilities, and a community-focused living experience for professionals, students, and short- or long-term residents.
- Coliwoo organises exclusive upskilling events focused on skill-building, wellness, and networking. It also engages in CSR initiatives, including a three-year partnership with Food from the Heart (FFTH), where members participate in food packing events to support underprivileged individuals.
- Coliwoo is expanding with three new properties at Arab Street, Balestier Road, and Upper Bukit Timah Road, adding over 130 keys. These include a hotel, residence, and serviced apartment, providing more short- and long-term stay options in conservation, heritage, and city-centre locations.
SINGAPORE – Media OutReach Newswire – 8 April 2025 – Coliwoo, a co-living subsidiary brand under real estate management services group, LHN Limited (“LHN, together with its subsidiaries, the “Group”), has introduced a series of exclusive upskilling events to support personal and professional development of its residents, referred to as members. Aligned with Coliwoo’s focus on community engagement and lifestyle enhancement, these events provide members with opportunities to acquire new skills, expand their networks, and participate in structured learning experiences.
Enhancing the Co-Living Experience Through Learning and Engagement
Coliwoo supports self-enrichment through exclusive upskilling events, skill-building sessions, cultural activities, and wellness programmes. These initiatives provide members with opportunities to enhance their personal and professional growth, catering to a diverse demographic, including students, working professionals, and expatriates.
By hosting these events at various Coliwoo locations, members can develop new skills and stay updated with industry trends. This approach aligns with Coliwoo’s commitment to integrating lifestyle experiences with flexible accommodation options, including studio apartment rentals, to support continuous learning and development.
“Coliwoo’s upcoming workshops provide our members with practical learning experiences led by industry experts. These events reflect our commitment to fostering a connected and engaging co-living environment,” shared Darren Loh, Chief Strategy Officer at Coliwoo.
Community Engagement and Future Initiatives
Coliwoo provides outdoor activities such as hiking and cycling, allowing members to explore new interests while complementing their living experience.
Coliwoo also engages in Corporate Social Responsibility (CSR) efforts, including a three-year partnership with Food from the Heart (FFTH), where members participate in food packing events to support underprivileged individuals. Looking ahead, Coliwoo plans to expand its efforts by introducing new themes and strengthening partnerships with external facilitators. These initiatives will evolve based on member feedback, aligning with Coliwoo’s commitment to continuous learning and engagement.
Coliwoo’s Expansion and Upcoming Properties
Coliwoo continues to expand its co-living portfolio, introducing new properties to accommodate a growing demand for flexible and community-driven living solutions. In the coming months, Coliwoo will launch three new properties at Arab Street, Balestier Road, and Upper Bukit Timah Road, adding over 130 keys to its operations. These projects will include a hotel, a residence, and a serviced apartment, catering to various lifestyle needs.
Located in conservation, heritage, and city-centre areas, these properties will provide fully furnished units with modern amenities, offering both short- and long-term stay options. As Coliwoo expands, it remains committed to enhancing the co-living experience by integrating convenience, community engagement, and lifestyle-focused living across its properties.
For more information, visit Coliwoo’s website or follow its official social media channels below:
Facebook: @Coliwoo
Instagram: @coliwoosg
LinkedIn: @coliwoo-singapore
YouTube: @Coliwoo Singapore
Hashtag: #Coliwoo
The issuer is solely responsible for the content of this announcement.
About Coliwoo
Coliwoo is a 
co-living subsidiary brand under the real estate management services group LHN Limited, offering flexible living solutions through thoughtfully designed and retrofitted spaces. As Singapore’s largest co-living operator, Coliwoo provides a range of accommodations, including co-living spaces, hotels, and long-term serviced apartments in Singapore, catering to professionals, students, and both short- and long-term members.
Strategically located near business hubs, educational institutions, and transport links, Coliwoo’s properties feature fully furnished units with communal amenities such as kitchenettes, lounges, and gyms. High-speed internet and dedicated workstations support remote work and study needs, while transparent pricing with no agent fees ensures a seamless rental experience. Coliwoo also welcomes short-term guests, including concertgoers, holiday travellers, and staycationers. With upcoming properties in Arab Street, Balestier Road, and Upper Bukit Timah Road, Coliwoo continues to expand its well-connected and practical co-living offerings.
Media OutReach
Rallying the World to Keep Up: Announcing New Advisors and Creators for the HKSTP I&T Powerhouse, Propelling Homegrown Startups Towards Global Success
New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation
HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – HKSTP’s Keep Up global brand campaign has taken the world by storm, reaching over 19 million people across 240+ destinations worldwide since its launch in July 2024—a testament to its vision of going global.
The momentum continued with the launch of the HKSTP I&T Powerhouse at the Dawn of Visionaries event last Friday, signifying new hope and a new chapter. 150 visionaries gathered to celebrate success, reinforcing the soft power of HKSTP’s exceptional network of Advisors, Advocates, Alumni, Mentors, Partners, and Creators—the true essence that defines HKSTP. The HKSTP I&T Powerhouse will unite the visionaries to propel success, providing startups and entrepreneurs direct access to over 500 corporate partners and 1,000 investors worldwide.
Uniting Visionaries to Drive Global Innovation
At the event, Dr. Allan Zeman, Chairman of Lan Kwai Fong Group, and Amb. George Hara, Group Chairman and CEO of DEFTA Partners, have been appointed as Advisors of the HKSTP I&T Powerhouse. Meanwhile, internationally acclaimed photographer and artist Wing Shya has joined the network as Creator, further enriching HKSTP’s vibrant ecosystem.
Dr. Allan Zeman is a renowned entrepreneur with a global presence in hospitality and entertainment across Asia and beyond, he will bring invaluable expertise to HKSTP’s brand positioning and international expansion. Meanwhile, Amb. George Hara, a global leader in venture capital and entrepreneurship, will spearhead HKSTP’s investment strategies, which will be instrumental in driving startups towards global success.
Sunny Chai, Chairman of HKSTP, said “Innovation thrives when visionaries unite. The HKSTP I&T Powerhouse is more than a network—it’s a force of creativity, resilience, and collaboration, lighting the way to a future of limitless possibilities. Together, we turn challenges into opportunities and ideas into impact. Success is all about commitment and persistence—keep up with us, and together, we will make Kong Kong’s innovations shine on the global stage.”
Igniting Global Momentum: Hong Kong’s Innovation Story Told Across Borders
The Keep Up global brand campaign is on a mission to call on like-minded visionaries to stay ahead with HKSTP’s innovations and global impact. Spotlighting the global influence of the HKSTP I&T Powerhouse, HKSTP has launched a new global thought leadership series featuring its visionaries who are pioneering breakthroughs, challenging conventions, and pushing the boundaries of technology.
Hilda Chan, CMO of HKSTP, said, “We are rallying the world to keep up with our I&T Powerhouse. The latest global series brings together influential leaders in high-impact discussions that spark fresh perspectives and foster collaboration. We’re also fusing technology, art, and culture, using bold visual content to reimagine technology through an artistic lens and ignite cultural conversations that will shape the future.”
With the new Creators joining the network, HKSTP collaborates with Wing Shya and Hypebeast to reinterpret technology as artwork through a collection of emotional and abstract photographs. The vision is to inspire the global audience to view technology through a new lens —one that goes beyond just science and innovation.
Doubling down on global thought leadership, HKSTP partnered with The Economist to host a high-profile panel at the 5th Annual Technology for Change, highlighting Hong Kong’s commitment to talent, R&D expansion, and investment growth. Additionally, HKSTP joined forces with Monocle to host the HKSTP I&T Powerhouse Breakfast Club, bringing together 10 esteemed industry leaders. It also featured HKSTP Advisor on The Entrepreneurs, a bespoke radio programme hosted by Tom Edwards, Head of Radio, discussing how innovation and technology shapes Hong Kong’s modern identity.
HKSTP also rolled out the Keep Up with global platforms including Cathay Pacific, South China Morning Post Fortune, Bloomberg and BBC, reaching over 19 million global audience across 240+ destinations.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 as a thriving I&T ecosystem grooming 14 unicorns, more than 15,000 research professionals and over 2,200 technology companies from 26 countries and regions focused on developing Life and Health tech, AI and robotics, fintech and smart city technologies, etc.
The growing engine offers comprehensive support including R&D infrastructure, investment expertise, industry connections and more, in attracting and nurturing talent, accelerating ideation, and commercialising innovation for technology ventures, all with the I&T journey built around key locations across Hong Kong and branched towards Shenzhen to continuously contribute to the development of I&T making a pillar of growth for Hong Kong.
More information about HKSTP is available at 
www.hkstp.org.
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