Media OutReach
Galaxy Macau Shines Bright in Awards Season – Garnering Best in Class Recognition
The new Long Bar at Raffles at Galaxy Macau, 8½ Otto e Mezzo BOMBANA, Feng Wei Ju, and The Macallan Whisky Bar & Lounge have been recognized as best in class by a raft of industry-leading awards
MACAU SAR – Media OutReach Newswire – 6 December 2024 – Galaxy Macau™, the world-class luxury integrated resorts (referred to as “Galaxy Macau”), is proud to announce that its dining establishments and bars have added to an impressive collection of accolades. Scooping up five best-in-class awards, Long Bar at Raffles at Galaxy Macau, the world’s first speakeasy concept, has garnered the “Best New Hotel Bar Design” award at this year’s “VOGUE LIVING DESIGN AWARDS” for the bar’s standout interiors, which are the brainchild of homegrown design icon, Joyce Wang.
Securing their place in the inaugural “Tatler Best 2024: Best Bars Asia”, The Macallan Whisky Bar & Lounge has cemented its spot as one of the region’s superlative drinking establishments. Gaining further traction in the “Tatler Best 2024: Best Restaurants Asia” rankings, 8½ Otto e Mezzo BOMBANA, a culinary powerhouse holding a Michelin star for nine consecutive years and Black Pearl Restaurant Guide – One Diamond in 2024, cements its status recognition.
The global benchmark in gastronomy awards, La Liste has unveiled its Top 1000 ranking of the World’s Best Restaurants. Both 8½ Otto e Mezzo BOMBANA and Feng Wei Ju – StarWorld Hotel’s famed two-Michelin-starred restaurant for an unprecedented eight consecutive years and Black Pearl Restaurant Guide One Diamond 2024, proudly feature in the 2025 rankings, based on a comprehensive compilation of thousands of publications, guidebooks, and online reviews, providing the best restaurant and hotel selections for customers worldwide.
The awards re-affirm Galaxy Macau’s standing at the pinnacle of luxury hospitality, marking the integrated resort’s status as the city’s leading destination for experiential gastronomy.
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
About Long Bar Macau
Long Bar at Raffles at Galaxy Macau, the world’s first speakeasy rendition of the Raffles Long Bar, takes inspiration from the Madre de Deus, a Portuguese carrack that brought precious spices to Macau in the 1500s. Echoing the subterranean coastal caves once teeming with sailors and sunken treasures, the Long Bar is hidden from view in true speakeasy style. Guests enter through a nautical porthole door, where they encounter a chiseled cavern, designed by Hong Kong interior design star Joyce Wang. A secret rendezvous for modern-day explorers and connoisseurs of fine libations.
About 8½ Otto e Mezzo BOMBANA at Galaxy Macau
8½ Otto e Mezzo BOMBANA at Galaxy Macau, is the third restaurant of three-Michelin-starred Chef Umberto BOMBANA. The Macau team follows Umberto’s philosophy of offering the most authentic Italian cuisine, presenting a diverse menu that highlights the rich Mediterranean and Sicilian culinary traditions. With its elegant decor and impeccable service, the restaurant has become a favorite among food lovers and critics alike, committed to delivering an unforgettable dining experience.
About Feng Wei Ju at StarWorld Hotel
Experience the authentic flavors of Hunan and Sichuan cuisine at Feng Wei Ju. From the stunning presentation of Hunan dishes to the bold, spicy flavors of Sichuan cuisine—including irresistible noodles and pastries—every dish is crafted to perfection. Designed with classic Dong Ting decor, Feng Wei Ju provides an atmosphere that complements these exceptional flavors.
About The Macallan Whisky Bar & Lounge at Galaxy Macau
The Macallan Whisky Bar & Lounge is a testament to the city’s passion for fine spirits. As the first and only bar in Asia to feature The Macallan Whisky Bar & Lounge as its signature whisky, it boasts an impressive collection of over 400 malt whiskies, including some of the rarest selections from the renowned Macallan Distillery. The bar’s ambiance is a luxurious nod to Scotland and the United Kingdom, with the oak floors, leather sofas, and a cozy fireplace. This haven for whisky aficionados has rightfully earned its place among the ‘Tatler Best 100’, celebrating the best of Asia’s hospitality.
About Galaxy Macau Integrated Resort
Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.
Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
For more details, please visit www.galaxymacau.com, www.broadwaymacau.com.mo and www.galaxyicc.com.
Media OutReach
Asian Stationery & Office Products Online Exhibition 2025 Grand Opening
Jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), ASOP has delivered exceptional results since its inception in 2022, attracting international buyers and generating significant business opportunities. The 2025 edition promises to be even more expansive, with a six-month exhibition period strategically aligned with major international events, including Paperworld India, Designed Giftionery Taiwan, China (Shenzhen) International Gifts & Homeware Fair, Hong Kong International Stationery Fair, China Stationery Fair (CSF) 2025, and ISOT Tokyo 2025. This alignment creates a synergistic platform for global buyers, facilitating convenient comparisons and streamlined purchasing experiences.
ASOP 2025 has already secured the participation of numerous esteemed Taiwanese suppliers, including industry leaders such as FRLEND CHLU, ELASTIN INTERNATIONAL, HIGHGRADE TECH, FLYWELL INTERNATIONAL and ACE DRAGON. These exhibitors will present their latest innovations across a diverse range of categories, including: Art & Craft, Art & Drafting Supply, Bags, Binding & Cutting, Computer Accessory & Peripheral, Computer Input Device, Desk Supply, Educational Supply, Festival & Party Supply, Gift & Gift Set, Gift Packaging & Accessory, Office Equipment, Office Furniture, Office Kitchen, Office Stationery, Paper & Paper Product, Paper Machinery, Printer Supply, Promotional Product, Publishing Supply, Writing Supply. With thousands of innovative stationery and office products, along with practical accessories and solutions on display, ASOP 2025 promises a comprehensive, engaging, and highly focused experience tailored to the needs of buyers and professionals in the stationery and office supplies industry.
ASOP 2025 Online Exhibition:
https://www.etradeasia.com/online-show/36/Asian-Stationery-Office-Products-Online-Exhibition-2025.html
In response to the evolving landscape of international trade, ASOP 2025 offers an array of virtual solutions to ensure accessibility and global reach. These include dedicated exhibitor pages, electronic catalogs, and immersive virtual exhibition halls—all seamlessly integrated with TradeAsia. Buyers can explore products, initiate inquiries, and engage in procurement discussions in real time, eliminating geographical barriers and travel constraints.
Founded in 1997, TradeAsia (www.e-tradeasia.com) is a premier B2B international trade platform, serving as a vital link between global buyers and suppliers. With millions of registered members, over 600,000 suppliers, and a vast catalog of products, TradeAsia is a trusted resource for businesses seeking to expand their international presence. By fostering collaborations with hundreds of trading entities worldwide, TradeAsia amplifies visibility and marketing impact for its members, providing a competitive edge in the global market.
With its extended duration and comprehensive platform, ASOP 2025 is poised to be the most influential event for the stationery and office products industry in Asia. Don’t miss this opportunity to connect with leading suppliers and explore the latest innovations.
Hashtag: #TradeAsia
The issuer is solely responsible for the content of this announcement.
Media OutReach
Yeebo Declares a Special Dividend of HKD1.8 per Share
Accelerating Growth in AI and AI Compute
HONG KONG SAR – Media OutReach Newswire – 22 January 2025 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) announced that the board of directors of the Company (the “Board”) resolved to declare a special dividend of HKD1.8 per share today.
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company, with a wide range of business interests in flat panel display, OLED and capacitor. Headquartered in Hong Kong, the manufacturing activities largely reside in Guangdong and Jiangsu provinces. With a global sales footprint, Yeebo is able to serve its global customers on a local basis.
Media OutReach
Aon Forecasts 11.1 Percent Increase in Employee Medical Plan Costs for Businesses in Asia Pacific
Medical trend rates in the APAC region rank second-highest globally, according to report
SINGAPORE – Media OutReach Newswire – 22 January 2025 – Aon plc (NYSE: AON), a leading global professional services firm, has released its 2025 Global Medical Trend Rates Report. The report forecasts a projected 11.1 percent rise in the Asia Pacific region (APAC), which is higher than the global projected increase for 2024 of 9.7 percent, which represented the highest increase forecasted in 10 years.
Trend rate figures represent the percentage increase in medical plan costs per employee – both insured and self-insured. Knowing estimated costs in advance can help organisations budget and adjust their benefits philosophy in response, ensuring programs are sustainable.
This year’s report projects APAC will experience the second highest year-over-year trend rate increase after the Middle East and Africa, which has the highest trend rate of any region at 15.5 percent.
Forecasted Medical Trend Rate from 2024 to 2025 | ||
2024 | 2025 | |
Asia Pacific | 9.7% | 11.1% |
Global | 10.1% | 10.0% |
Europe | 10.4% | 8.9% |
North America | 7.6% | 8.8% |
Latin America and Caribbean | 11.7% | 10.7% |
Middle East and Africa | 15.1% | 15.5% |
“The biggest rise in medical utilisation and inflation are now behind us in APAC, but recovery in insurer profitability is expected to keep medical trend rates in the double digits for 2025 and 2026,” said Alan Oates, head of global benefits for Asia Pacific at Aon.
“The high medical trend rate can also be attributed to a higher incidence of cancer and chronic conditions than before the COVID-19 pandemic. Managing the impact of medical inflation therefore should be a top priority for all southeast Asia markets and especially important in New Zealand, Papua New Guinea, Thailand and Vietnam, which are seeing 50 to over 100 percent increases compared to last year,” Oates explained.
The survey further revealed that prescription and specialty medications, including weight loss medication, innovations in medical technology, and geopolitical factors, are significantly impacting medical trend rates in APAC and around the world. In addition, support for emotional health as the fastest-growing claim in Aon’s APAC client portfolio, wellbeing initiatives designed to mitigate stress, along with other plan enhancements, are also contributing to the double-digit medical trend.
“Although most insurers are still raising premiums, we are seeing a slight drop in some markets where risk appetites are returning among insurance providers that were quick to take corrective measures in previous renewal periods. As these insurance providers can now offer competitive pricing terms, we are encouraging clients to test the market as there is increasing value in doing so,” said Marina Sukhikh, professional services industry practice leader, global benefits for Asia Pacific at Aon.
How are Companies Addressing Rising Costs?
Wellbeing programs, plan design changes, alternative financing, data and analytics and flexible benefits are among the top strategies employers are expected to undertake in 2025 to affordably promote a healthy workforce.
Sukhikh said, “Aon has observed growing co-investment in wellbeing initiatives by employers and insurers. Greater investment is being matched with greater scrutiny into investment return, and wellbeing programs are increasingly being integrated and aligned with prevention strategies. For example, more initiatives are targeting physical inactivity, poor stress management, hypertension, high cholesterol and other risk factors driving chronic conditions that lead to adverse future claims.”
“We are encouraging clients to seek a more integrated value-based outcome from insurers where they are cooperating in the sharing of data, investment in wellbeing and offering creative solutions for design and financing. Sophisticated analytics tools, such as Aon’s Health Risk Analyzer, are helping companies leverage a growing volume of multi-source data, not just to identify and mitigate today’s risks but to accurately predict and prepare for the risks of tomorrow. Technology is helping us identify under-served populations and anticipate opportunities faster than ever,” added Sukhikh.
According to Aon’s 2024 Global Benefits Trends Study, employers in around 60 percent of countries are expected to use flexible benefit plans to address diverse workforce needs while controlling overall benefit costs. Meanwhile, one in three are actively considering alternative benefits financing arrangements, such as multinational pooling, global underwriting and captives.
“More than at any point in the last 10 years we have observed employers taking steps to reduce plan design due to affordability. Flexibility and choice have been a valuable tool in design change because employees generally place a greater value on shorter-term flexibility and choice than they do on longer-term core benefits. Alternative funding will not materially reduce cost, which is generally determined by claims and scale, but it can smooth cost volatility over a longer period than is possible with direct insurance and that is helpful in this volatile market,” Oates added.
Read Aon’s 2025 Global Medical Trend Rates Report.
About the report:
The report is based on insights from 112 Aon offices that broker, administer, or advise on employer-sponsored medical plans in each of the countries covered in the report. The findings reflect the medical trend expectations of Aon professionals based on their interactions with clients and carriers represented in the portfolio of the firm’s medical plan business in each location.
As employer-sponsored medical plans become a larger part of total rewards spend and pressure mounts to accurately forecast and manage costs, this report is a valuable resource for organisations to plan global budgets and benefits strategies for 2025 and beyond.
Read Aon’s 2025 Global Medical Trend Rates Report.
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 protect and grow their businesses.
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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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