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CPA Australia Survey: Increasing AI Adoption Reshapes Future Roles in Accounting Industry and Rises Data Concerns in Hong Kong
The result indicates the notable growth of AI adoption across markets in Asia Pacific, with 89 per cent of respondents said that they have adopted AI in the past 12 months, up from 69 per cent last survey. In Hong Kong, 88 per cent have applied AI such as ChatGPT, Copilot at the workplace. When asked about the level of AI adoption, 65 per cent respondents primarily used third-party tools in several areas or occasionally.
Dr Paul Sin, CPA Australia’s Greater China Councillor and Chair of Web3 & Emerging Technology Committee highlighted the gap between the awareness of AI and releasing the real value of AI, “Most respondents said that they used third-party AI tools, implying that the awareness of AI in Hong Kong is high. Yet, many companies are still at the Proof-of-Concept stage, which means they just use AI tools to improve productivity like handling repetitive tasks and automate process. In fact, the government and professional organisations can do more education to unleash the true value of AI, for example, to reinvent business models or transform workflows by using more advanced solutions like predictive analytics and agentic AI, eventually scale up to production-grade implementation to align with their strategic goals.”
The increasing prevalence of AI is transforming the recruitment trends across various industries including accounting and finance. While 42 per cent of respondents in Hong Kong said that there has been no change in hiring practices, or that is too early to say, 17 per cent said that their organisations have reduced the number of junior-level staff hired for the accounting and finance teams due to the adoption of AI.
Dr Sin highlighted the correlation between the hiring trend and the tasks being replaced by AI, “Survey shows that most respondents use AI for data analytics and research in their accounting and finance activities, and these tasks are usually carried out by junior staff. Clearly, AI can free them up from repetitive and tedious tasks, allowing them focus on more human-centric or strategic responsibilities such as advisory, decision-making and client engagement. The underlying skills are difficult to replace with technology such as creativity and judgement built from business experience. Grooming junior staff to take on these more advanced responsibilities takes time, so employers should consider balancing adoption of advanced technology with talent development for the organisation’s long-term growth.”
Dr Albert Wong, Deputy Chair of CPA Australia’s Greater Bay Area Committee added on, “AI is only replacing certain tasks, not humans. As AI develops, the recruitment standard for technical skills is rising because some tasks can be done effectively by technology. Employers will expect their future staff to be able to work alongside with AI to solve problems, use these technology solutions to add value to existing services and products, generate new ideas/options, and predict the future in various scenarios. The job market will become more competitive. Therefore, the younger generation and the existing employees must develop irreplaceable skills, particularly soft skills such as human-human and human-machine interaction, effective communication, creative and critical thinking, and professional scepticism.”
To keep up with the transformation, the Hong Kong SAR Government has an instrumental role to play. He called for policy support to build a future-ready workforce in Hong Kong. “The Government could collaborate with organisations and employers to upskill existing workforce on AI-centric training; offer subsidies to encourage SMEs to pilot/adopt different types of AI in their businesses and create internship schemes that give university students the opportunity to apply AI tools to real-world problem-solving.”
Data is the new oil for technology. Among the surveyed markets, Hong Kong respondents raised the most concerns about increasing data protection and privacy issues (26 per cent) from AI adoption. On a positive note, 72 per cent said that they had implemented cybersecurity in the past 12 months, and Hong Kong’s overall cybersecurity maturity is considerably high.
Mr Winson Woo, a member of CPA Australia’s Greater Bay Area Committee shared his views on data protection and governance, “Many technologies already have embedded AI functions, so AI adoption will continue to increase in the future. Organisations should establish an AI development roadmap to plan how to apply AI to achieve strategic goals, and how to measure the return of investment, as well as setting clear governance guidelines to ensure the ethical use of AI tools in the workplace.”
When discussing cybersecurity, he highlighted two emerging trends: Manage Security Operations Center (MSOC), a model of outsourcing security operations center (SOC) functions to third-party service providers to perform real-time detection and monitoring of cyber attacks and threats; and AI security, which protects AI systems from data breaches and misuse. He also emphasised the importance of staff training in data protection, “To reduce the risk of data leakage, companies should invest not only in technical software, but also in enhancing staff’s security awareness, to ensure that AI users understand which authorised data can be used in AI tools and which sensitive information cannot be disclosed.”
Mr Woo believes that the introduction of guidelines and regulations, such as the Personal Data (Privacy) Ordinance and the Protection of Critical Infrastructure (Computer System) Ordinance, will help to create an ethical environment that promotes innovation and technology in Hong Kong.
The survey collected responses from 1,117 accounting and finance professionals across markets in the Asia-Pacific such as Australia, mainland China, including 154 responses from Hong Kong.
Hashtag: #CPAAustralia
The issuer is solely responsible for the content of this announcement.
About CPA Australia
CPA Australia is one of the largest professional accounting bodies in the world, with nearly 175,000 members in over 100 countries and regions, including more than 22,500 members in Greater China. CPA Australia is celebrating its 70th anniversary in Hong Kong this year. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at
cpaaustralia.com.au
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SL Aesthetic Group Marks 22 Years of Innovation and Regional Expansion in Singapore and Southeast Asia
Founded in Singapore in 2003, the Group has grown to encompass five specialised brands operating more than twenty outlets across Singapore and the region.
- SL Aesthetic Clinic offers doctor-led skin, face and body treatments, and is one of Singapore’s longest-running medical aesthetics clinic.
- SkinLab The Medical Spa, a dermatology-focused medical spa, specialises in medical-grade facials and skincare products for sensitive skin.
- TrichoLab, a dedicated hair and scalp health brand specialising in medical hair loss solutions.
- PROLOGUE brings together Prologue The Lifestyle Medical Clinic and Prologue Centre for Women’s Wellness as a unified lifestyle and preventive medicine brand, addressing chronic health concerns and promoting women’s wellness across life stages.
- Euphie (Malaysia) is the Group’s Malaysia-based extension comprising Euphie Skin Solutions and Euphie Clinic, delivering medically supervised aesthetic care.
The Group has served more than 100,000 patients, with care provided by a team of 12 doctors and more than 100 trained specialists.
Over the past two decades, the concept of beauty and wellness has broadened into a more holistic approach to personal care—one that goes beyond aesthetics to support overall wellbeing. People are placing greater emphasis on long-term health, from their mental health and nutrition to their physical appearance. This shift has driven growing demand for preventive, medically supervised services that integrate aesthetics with broader health concerns.
In response to these changing needs, SL Aesthetic Group has expanded its medical services beyond skin and hair treatments, introducing more than 40 new offerings across its five specialised brand portfolios, including women’s health services.
Dr Kelvin Chua, Founder and Senior Medical Director of SL Aesthetic Group, said: “Reaching 22 years reflects the continuity of care we have built over time. As patient expectations change, our focus remains on delivering medically supervised services that support long-term health and well-being.”
As part of this expansion, the Group launched Prologue The Lifestyle Medical Clinic and Prologue Centre for Women’s Wellness in 2025. Prologue The Lifestyle Medical Clinic focuses on preventive care for chronic conditions, supported by artificial intelligence–enabled health screenings for early detection of conditions such as dementia and cancer. Meanwhile, Prologue Centre for Women’s Wellness addresses women’s health needs across different life stages, including perimenopause, menopause, and postpartum recovery.
Within Singapore, the group strengthened its physical presence with the opening of its tenth SL Aesthetic Clinic and SkinLab The Medical Spa outlet at iMall in Marine Parade, as a response to strong and sustained demand from patients in the eastern region.
Regionally, SL Aesthetic Group marked a milestone as its Malaysia-based brand, Euphie — comprising Euphie Skin Solutions and Euphie Clinic — celebrated its first anniversary. Building on this foundation, the Group plans to open an additional outlet in Malaysia, extending its medically supervised services to a wider patient base.
Looking ahead, SL Aesthetic Group plans to continue expanding its clinical footprint while maintaining regulatory compliance, clinical standards, and patient safety.
For more information, visit: https://slaestheticgroup.com/
Hashtag: #SLAesthetic
The issuer is solely responsible for the content of this announcement.
About SL Aesthetic Group
SL Aesthetic Group is one of Singapore’s longest-established medical aesthetic groups, with a presence in Singapore and Malaysia. The Group houses a diverse portfolio of brands, including SL Aesthetic Clinic, SkinLab The Medical Spa, TrichoLab, PROLOGUE, and Euphie (Malaysia).
Founded in the 2000s, SL Aesthetic Group specialises in skin and hair health, women’s wellness, and holistic medicine. Across its clinics and outlets, the Group offers a comprehensive range of FDA-approved aesthetic and medical treatments, all supervised by trained and certified healthcare professionals holding Certificates of Competency (COC) recognised by the Singapore Medical Council’s Aesthetic Practice Oversight Committee (APOC).
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Aon Appoints Kulshaan Singh as Enterprise Client Leader, Asia Pacific based in Singapore
Based in Singapore, Singh will leverage his extensive experience across some of Asia’s most dynamic markets to deliver innovative approaches to Risk Capital and Human Capital for Aon’s enterprise and large multinational clients in Asia. Reporting to Craig Torgius, chief client officer and head of enterprise clients, Asia Pacific, Singh will focus on building strategic partnerships and unlocking new opportunities supporting clients to achieve their growth ambitions.
“Kulshaan brings a rare blend of strategic acumen with strong execution ability, global insight and local expertise to our Asia Pacific team,” said Torgius. “His ability to lead transformation, foster collaboration and deliver results across diverse industries will be invaluable in helping clients navigate an increasingly complex risk landscape.”
With over two decades of experience in consulting and executive leadership, Singh held prominent roles including managing director for talent solutions for southeast Asia at Aon, CEO Mercer Singapore and chief people officer at Charoen Pokphand Group. Most recently, as the global group chief people officer at Thai Union Group, he spearheaded large-scale transformation initiatives including organisation design, succession and leadership alignment.
Reflecting on his new role, Singh said, “I feel privileged and excited to be back at Aon and look forward to working closely with Aon’s global and local teams to deliver solutions that help clients navigate complexity and interconnected challenges.”
Read more about Aon’s capabilities in Asia Pacific here.
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE:AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
Follow Aon on newsroom and sign up for news alerts here.
Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
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Zero-Emission Technology Underpins the Future of Urban Living
As an economy reaches a new stage of development, the central question is no longer how fast it can grow, but how well it can sustain that growth over time. The development trajectories of many countries show that crossing an income threshold often brings complex structural pressures: Mounting strain on urban infrastructure, environmental degradation, and higher expectations for quality of life.
In this context, traditional growth models, those that prioritize short-term economic returns, begin to reveal their limitations. What emerges instead is a clear demand for development paradigms in which economic performance, environmental resilience, and social value are conceived together from the outset, rather than treated as sequential or secondary considerations.
For Vietnam, this transition is particularly significant as global capital flows increasingly favor ESG-aligned markets, and urban residents shift from a focus on asset ownership to a more holistic pursuit of living quality and long-term wellbeing. Real estate, therefore, is no longer simply a supply-and-demand equation, but a foundational platform for shaping lifestyles, communities, and sustainable urban ecosystems.
It is precisely within this structural shift that Vinhomes Green Paradise is positioned as a forward-looking benchmark, reflecting the long-term vision of Vinhomes to develop real estate on an “ESG++ from the ground up” foundation, where sustainability is not an added feature, but the core architecture that underpins enduring economic and social value.
Geography as Destiny: A Living Natural Heritage
Many believe that Vinhomes Green Paradise is a “new wonder” of modern society, bringing together a rare convergence of forward-looking planning, contemporary living standards, and visionary development. Yet beyond its scale or sophistication, its very location is a wonder in itself. It is a place where human intelligence and capability are applied not to dominate nature, but to collaborate with it, leveraging an irreplaceable “forest-backed, sea-facing” setting that cannot be replicated, while preserving, restoring, and ultimately giving back to the natural environment.
Among more than 90 submissions from across the globe, New7Wonders selected Vinhomes Green Paradise as the first project worldwide to receive the “Official Participant” certification in the global “7 Wonders of Future Cities” campaign.
“This is a truly exceptional project,” said Jean-Paul de la Fuente, Director of New7Wonders and Chairman of the global campaign. “Vinhomes Green Paradise is a ‘precious jewel’, a place that is exceptional for living, working, and enjoying life. The project symbolizes the kind of cities that dare to dream, dare to pave new paths, and dare to break boundaries to realize a future where nature, community, and growth coexist in harmony.”
According to him, this spirit is exactly what the world is seeking in the cities of tomorrow.
After personally visiting the site in Can Gio, Jean-Paul de la Fuente identified the project’s geography as its most irreplaceable asset. Spanning 2,870 hectares, Vinhomes Green Paradise is uniquely positioned between two globally significant ecosystems. To the front lies the vast Pacific Ocean, with 121 kilometers of coastline. Behind it stretches the 75,000-hectare Can Gio Mangrove Biosphere Reserve, recognized by UNESCO.
At the heart of the megacity sits an 800-hectare saltwater lagoon, the largest of its kind in the world, functioning as a natural ecological regulator, a “green heart” sustaining biodiversity, climate balance, and urban vitality.
Unlike many coastal developments around the world, nature here is not reduced to a backdrop. It is treated as a living heritage, actively preserved and regenerated through dedicated mangrove restoration funds that protect not only the project, but also the ecological shield of Ho Chi Minh City.
While many global developments aim to comply with ESG standards, Vinhomes Green Paradise goes further, introducing an ESG++ model built on five pillars: Environment, Social, Governance, Regeneration, and Adaptation.
This approach reflects a paradigm shift in urban development. Cities of the future must not merely “do less harm”. They must actively give back to nature and society.
Jean-Paul emphasized the importance of this vision: “Future sustainable cities must not ‘take’ from nature, they must ‘give back,’ helping restore and nurture the planet.”
This regenerative mindset is embedded from the earliest stages of construction. Advanced K-DPM technology transforms dredged soft mud into durable construction material, completely eliminating waste discharge into the environment, a breakthrough in large-scale coastal development.
Technology as the City’s Invisible Infrastructure
If nature is the soul of Vinhomes Green Paradise, technology is its invisible nervous system. The entire megacity is designed to operate on 100% clean energy, sourced from offshore wind turbines located 20 kilometers from shore and large-scale solar systems. Transportation within the city and connections to central Ho Chi Minh City are oriented toward zero emissions, supported by electric mobility and high-speed rail.
IoT, AI, and Big Data platforms operate continuously to monitor environmental quality, optimize energy use, and provide early warnings for climate-related risks, ensuring resilience in an era of increasing uncertainty.
One of the core criteria of the “7 Wonders of Future Cities” campaign is placing people at the heart of urban design. At Vinhomes Green Paradise, this principle is elevated further: Residents are not passive beneficiaries, but active co-creatorsof the city.
The megacity features globally scaled cultural and lifestyle landmarks, including a 122-hectare entertainment complex, the 7-hectare Blue Waves Theatre with 5,000 seats, an outdoor performance plaza for 60,000 people, two 18-hole championship golf courses designed by Tiger Woods and Robert Trent Jones, a 108-story tower among the world’s top 10 tallest, and the Cosmo Bay night-time economy hub.
Healthcare, education, and lifelong wellbeing are equally prioritized, with Vinmec healthcare partnering with Cleveland Clinic (USA), Vinschool and Brighton College (UK) in education, and Vin New Horizon redefining senior living. Together, they form an ecosystem where human potential is continuously nurtured.
Residents also play a direct role in environmental stewardship, participating in biodiversity monitoring, mangrove planting, waste sorting, and adopting electric mobility, becoming true “ecological ambassadors” of Can Gio.
The Wonders of the Future Are Being Built Today
For Jean-Paul de la Fuente, Vinhomes Green Paradise represents far more than an urban project.
“The project is positioned as a powerful symbol of Vietnam’s national aspirations and its determination to assert its place on the global stage. What was seen on site is only a small part of a much larger vision,” he said.
Reflecting on the impact of previous New7Wonders campaigns, he noted: “The previous two campaigns, ‘New7Wonders of the World’ and ‘New7Wonders of Nature’, both generated what researchers call the ‘Wonder Effect,’ significantly boosting the economies and societies of the winning destinations.”
Drawing a parallel with Ha Long Bay, he added that he truly believe Vinhomes Green Paradise can achieve something similar, but on an even larger scale, competing directly with iconic cities around the world.”
As Jean-Paul concluded: “If our previous campaigns celebrated the heritage of the past and the beauty of the present, then the ‘7 Wonders of Future Cities’ campaign celebrates the vision being created for future generations.”
“The wonders of the future are taking shape today through the choices, creativity, and determination of pioneering urban planners and developers.”
In that global narrative, Vinhomes Green Paradise stands as a powerful testament to Vietnam’s ambition: A city where geography itself is a wonder, where growth does not compromise the future, and where nature, technology, and humanity evolve together, creating a legacy not just for Vietnam, but for the world.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
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