The “Shenzhen Stories Brands Going Global Initiative” was recently launched in tandem with the “Shenzhen Stories Initiative for Global City Civilizations Exchange.” This significant cultural and business exchange initiative made its overseas debut in Singapore on September 26, 2023.

Over the course of four days, the Shenzhen delegation visited a variety of companies across Singapore to explore new avenues for collaboration and strengthen ties between the two vibrant cities. The exchange provided a platform for both Shenzhen and Singaporean companies to share insights, discuss potential partnerships, and foster mutual growth in the global marketplace.

As part of this initiative, Wesley Hui, Founder of WiseNet Asia, delivered an insightful talk, contributing to the meaningful discussions that took place during the visit. His presentation highlighted key aspects of cross-border collaboration and the importance of building strong international relationships. 

We are proud to have been part of this initiative, which aligns with our mission to connect businesses and foster global growth.

Watch the original video by Shenzhen Daily here: https://www.youtube.com/watch?v=iZCQ-mmDono

 

Theme:  Overview of Investment Climate in Singapore

From August 25th to 28th, 2024, a distinguished delegation from China’s Tsinghua University Executive Program embarked on an insightful journey through the “Overview of Investment Climate in Singapore.” Organized by Tsinghua University and supported by WiseNet Asia Pte Ltd and Netxus Global Pte Ltd, this exclusive four-day event provided participants with a comprehensive understanding of Singapore’s business environment, industry opportunities, economic development, and international fund management. This exclusive four-day program was meticulously curated to connect participants with key players in Singapore’s investment landscape.

Event Highlights:

  • Business Environment and Opportunities: The event provided participants with in-depth insights into Singapore’s thriving business environment. Sessions led by key players from the Economic Development Board (EDB), PwC, and the Singapore Stock Exchange highlighted the strategic advantages Singapore offers to investors, particularly in capital markets and global sales.
  • Economic Development: A detailed exploration of Singapore’s economic landscape was provided by Professor Bernard Yeung, ex-Dean of NUS Business School. His session covered the nation’s growth trajectory, economic challenges, and future outlook, offering participants a comprehensive understanding of Singapore’s economic framework.
  • Sustainable Development: The event also focused on sustainable urban development, with a visit to Sembcorp Urban. Discussions centered on how Singapore integrates sustainability into its urban planning, a crucial aspect of its long-term economic strategy.
  • International Funds Management: A session on global fund management featured speakers from Union Bancaire Privée (UBP) and Lee & Lee law firm. They covered essential topics such as economic market outlooks, financial laws, investment structures, and FX hedging, providing participants with a global perspective on fund operations.

Key Outcomes:

The event offered significant value to the diverse group of participants from the Tsinghua Executive Program. Through their engagement with Singapore’s business and investment community, these executives, with their varied age ranges and professional backgrounds, gained critical insights into the intricacies of the local market. The program fostered a deeper understanding of Singapore’s strategic economic advantages, equipping the participants with knowledge and connections that will be instrumental in their professional growth and future business endeavors.

Speakers and VIPs:

  • Ms. Ng Chuen Yin: Founder, Brave Feats Student Care
  • Prof. Bernard Yeung: Ex Dean of NUS Business School (NUS)
  • Mr. Michael Blakes: CEO Asia, Union Bancaire Privée (UBP)
  • Mr. Desmond Woo: Deputy Director, Career and Global Experience, Nanyang Technological University (NTU)
  • Mr. Ho Kah Chuan: Founder of Go Global Gem Group
  • Mr. Carlos Casanova: Senior Economist, Asia (Director), Union Bancaire Privée (UBP)
  • Mr. Louis Tan: Managing Director, Union Bancaire Privée (UBP)
  • Mr. Joel Teo Zhu En: Partner at Lee & Lee

SUSS and WiseNet Asia Launch Success Academy in Malaysia to Foster Entrepreneurship, Innovation & Regional Social Impact

The Academy will offer programmes with cross-cultural industry experiences to empower students and executives for success in the global business arena.

Kuala Lumpur, Malaysia, 23 August 2024 – The Singapore University of Social Sciences (SUSS) and WiseNet Asia, a talent solutions and consultant company, today launched the SUSS Success Academy in Kuala Lumpur, unlocking new learning and training opportunities for students in Singapore and Malaysia.

The occasion was marked by an opening ceremony at The Gardens – A St Giles Signature Hotel in Kuala Lumpur and attended by over 100 guests from both countries, including representatives from institutions of higher learning, as well as industry partners and community partners. The ceremony was presided over by Mr. Vanu Gopala Menon, High Commissioner, Singapore High Commission in Kuala Lumpur, and Dr Ong Kian-Ming, Pro Vice-Chancellor, Taylor’s University.

Success Academy will connect partners from Singapore and Malaysia

Grounded on SUSS’ commitment to learning for life and creating social impact, the Academy will serve as a key nexus for academic and industry partners from both countries, fostering partnerships and grooming well-rounded future leaders capable of excelling and making positive contributions to society.

Through the Academy’s two distinct tracks – Personal Success and Professional Success – SUSS will offer opportunities for students from SUSS and other Singapore pre-tertiary and tertiary to co-learn and co-innovate with students from Malaysia. This will include various comprehensive programmes such as interdisciplinary global learning courses and student exchanges. Additionally, SUSS students will have the chance to gain professional experience in the region through work attachments and internships.

Key initiatives include:

Student Leadership Development in Social Sustainability: In partnership Belum Eco Resort located in Temenggor, SUSS will leverage the resort’s facilities to develop a place-based education programme and experiential site, known as Camp R.A.I.S.E. By exploring the surrounding natural environment, students will engage in hands-on activities and projects that emphasise practical applications of sustainability concepts, and they will also have opportunities to participate in water-related sports. This programme will help students learn about environmental stewardship and sustainable practices, eco-preneurship, and well-being and mindfulness strategies.

Overseas Sports Excellence Programme: To deepen sporting and cultural relationships with Malaysia, more than 80 SUSS student-athletes will conduct friendlies and training sessions with Malaysian athletes across different sporting groups, including football, floorball, bowling, and ultimate frisbee. Beyond its student focus, the Academy, anchored on SUSS’ expertise in adult and workplace learning, will also serve its dual purpose of creating professional training and development solutions for industry partners, organisations, and institutions.

Impact Start-Up Challenge (ISC): The ISC is a credit-bearing course that offers a platform for students from Singapore and Malaysia to learn together and experience the startup ecosystem and work collaboratively to generate ideas, test and pivot their proposal in a real-world setting. The first of such partnerships is with Universiti Kebangsaan Malaysia, enabling both Singapore and Malaysian students to learn and explore business ideas focused on sustainability.

Ecopreneur Innovation Programme (EIP): Participants of the SUSS Ecopreneur Innovation Programme (EIP) embarked on a study trip to Perak in July. The trip aimed to facilitate interactions between the ecopreneurs and local businesses, as well as key players in the startup ecosystem, to explore potential collaborations. In partnership with Belum Eco Resort, the students visited Orang Asli villages to gain insights into the community’s needs, brainstorm innovative business ideas, and develop prototypes aimed at enhancing their well-being.

To further advance our work and partnership in Perak, we are pleased to announce our signing of Memorandum of Understanding yesterday with Bonanza Educare and Perak Academy to promote knowledge exchange and innovation, internship opportunities, and co-design and co-delivery of experiential programmes.

Over the past two years, more than 60 SUSS students have engaged in collaborative learning with their Malaysian counterparts. This initiative, in partnership with Universiti Tunku Abdul Rahman and Universiti Sains Malaysia, is designed to broaden intercultural competencies, equipping students to become responsible and effective global citizens in an inclusive and sustainable world.

SUSS has also developed specialised training programmes for union leaders in the transport sector by leveraging on research from SUSS’ Centre for Applied Research and working with the Transport Federation and Ong Teng Cheong Labour Leadership Institute. These programmes focus on skills development and are being implemented in Kuala Lumpur, Manila, and India.

Professor Tan Tai Yong, President of SUSS, said: “The launch of the SUSS Success Academy in Kuala Lumpur embodies our collaborative spirit and dedication to creating meaningful opportunities for our students and enterprises. As part of our vision to be a university that inspires learning for life and impacts lives, our partnership with WiseNet Asia will offer a multitude of opportunities for students in both countries to further develop their mindsets and skill sets. We are excited about the positive impact this will bring to both nations.”

Mr. Wesley Hui, Founder of WiseNet Asia Pte Ltd, said: “We are excited to join forces with SUSS to establish this representative centre in Malaysia. This collaboration is a pivotal step towards shaping the future of young talents, providing them with opportunities for early-stage development. It will allow us to cultivate and mentor young executives, equipping them to thrive in a dynamic world driven by innovation, cutting-edge technologies, and groundbreaking discoveries.”

The launch of the Success Academy in Kuala Lumpur marks the latest in a series of academy openings as SUSS continues to expand its educational footprint across Asia. Last year, SUSS established three academies in Ho Chi Minh City, Beijing, and Shenzhen. Three days ago, SUSS launched an academy in Bangkok in collaboration with Orange Cap Innovative (OCI) and other partners in establishing an experiential education site for student leadership development focused on Social Sustainability. In the next three months, the University will inaugurate four more academies in Jakarta, Manila, and Mumbai, bringing the total to eight regional academies.

For more information, visit www.suss.edu.sg/success-academy.

For media enquiries, please contact:

Ms. Melissa Ho
Public Relations Executive
Singapore University of Social Sciences
E: melissaho@suss.edu.sg
T: +65 6248 9138

Ms. Regine Chin
GM, Marketing
WiseNet Asia
E: regine.chin@wisenetasia.com
T: +60 11 3688 2990

About Singapore University of Social Sciences (SUSS)

At SUSS, we have a singular vision to be a university that inspires learning for life and impacts lives, regardless of age, background or life path. Our university is a vibrant tapestry of ages and experiences. From recent JC and polytechnic graduates to seasoned professionals, parents seeking new horizons and individuals redefining their careers in their golden years—our diverse community comes together for one common goal: to empower themselves with an education that impacts lives and society.

We offer more than 100 undergraduate and graduate programmes, available in full- and part-time study modes which are flexible, modular and interdisciplinary, catering to both fresh school leavers and adult learners. SUSS also offers a broad range of continuing education and training modular courses for the professional skills upgrading of Singapore’s workforce.

To date, over 47,000 graduates have experienced our unique brand of education. More than 21,000 students are currently pursuing their full- and part-time studies with us.

The Institute for Adult Learning (IAL), as part of SUSS, leads in the field of research on adult and workplace learning and training of adult educators to build capabilities of the training and adult education sector in Singapore and beyond.

For more information about SUSS, please visit www.suss.edu.sg.

About WiseNet Asia

Founded in the year 2011, WiseNet Asia Pte Ltd is a one-stop HR solutions provider and management consulting firm headquartered in Singapore, with other locations in Kuala Lumpur, Chongqing and Hong Kong. WiseNet Asia’s HR solutions consist of talent acquisition, talent transition, talent development and HR outsourcing. WiseNet Asia’s core value is to accelerate human resources development through innovative HR models and knowledge sharing. WiseNet Asia’s Talent Development programmes offer learning and development solutions to inspire and align business leaders in Asia to achieve maximum success. We collaborate with renowned learning organisations in Singapore to customise programmes designed to unlock participants’ potential and boost their skillsets.

For more information on WiseNet Asia, please visit https://wisenetasia.com.

 

From left to right: – His Excellency Vanu Gopala Menon, High Commissioner of Singapore: Professor Tan Tai Yong, President of SUSS; Mr Wesley Hui, Founder, Wisenet Asia; – Dr. Ong Kian-Ming, Pro Vice-Chancellor, Taylor’s University

 

From left to right: Ms Yeo Lay, Dean of Students: Dr Yap Meen Sheng, SUSS Asst Provost; – Professor Tan Tai Yong, President of SUSS; – His Excellency Vanu Gopala Menon, High Commissioner of Singapore; Dr Winston Ong, VP Corporate; Mr Wesley Hui, Founder, Wisenet Asia

—End—

View Launch Video:

Related media links:

Malaysia Malay Mail – https://www.malaymail.com/news/money/mediaoutreach/2024/08/23/suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact/319692

Malaysia Sin Chew  – https://www.sinchew.com.my/news/20240823/mysinchew/5863425

Malaysia The Sun – https://thesun.my/business-news/media-outreach/suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact-HK12906133

Malaysia Malaysian Business – https://mail.malaysian-business.com/index.php/wordpress/item/9641-suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact

Singapore Money FM89.3 – https://www.moneyfm893.sg/media-outreach/suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact-16073/

Australia The Times – https://www.thetimes.com.au/news/news-from-asia/33813-suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact

Australia Business Times – https://www.thebusinesstimes.com.au/companies/news-from-asia/41968-suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-amp-regional-social-impact

Taiwan Business News – https://news.taiwannet.com.tw/c8/139784/SUSS-and-WiseNet-Asia-Launch-Success-Academy-in-Malaysia-to-Foster-Entrepreneurship-Innovation-Regional-Social-Impact.html

Thailand Siam News – https://www.siamnews.net/press-releases/99051-suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact/

Vietnam Vietnam News – https://vietnamnews.vn/media-outreach/1661735/suss-and-wisenet-asia-launch-success-academy-in-malaysia-to-foster-entrepreneurship-innovation-regional-social-impact.html

Date & Time: November 23, 2023 at 13:30-16:40

Venue: Southeast Asia Center, Tsinghua University (Kura Kura Bali, Indonesia)

Topic: Innovation and Entrepreneurship Practices, cooperation and Prospects between China and Southeast Asian countries

Panelists:

Liu Bo, Managing Partner and General Manager of the Star Venture Capital

Wesley Hui:Founder of WiseNet Asia(Singapore)

Wang Fei, Deputy General Manager of TusStar, CEO of TusStar (Singapore).

Qing Sibo, Senior Partner at Co-Effort Law Firm in Shanghai

Moderator: Ravennan Chen, Director of Asia Pacific od Tusstar,CEO of TusStar (Malaysia)

In an era defined by rapid technological advancements and complex global challenges, fostering international collaboration in education, innovation, and entrepreneurship has never been more critical. The “China-SEA Educational Leadership and Sustainable Development Forum,” hosted by Tsinghua University at its Southeast Asia Center in Bali, Indonesia, on November 23, 2023, brought together a distinguished panel of experts and entrepreneurs to explore these themes. Among the notable speakers was Wesley Hui, the founder of WiseNet Asia, a Singapore-based HR consultancy.

The forum aimed to consolidate high-quality resources and unite stakeholders from both China and Southeast Asia, including government officials, scholars, industry leaders, and entrepreneurs. Their collective goal was to enhance the integration of education, innovation, and Sustainable Development Goals (SDGs), ultimately nurturing future talents and advancing global sustainable development.

 

Wesley Hui’s Insights on Challenges and Opportunities in Southeast Asia

During the panel session titled “Innovation and Entrepreneurship Practices, Cooperation, and Prospects between China and Southeast Asian countries,” Wesley Hui shared valuable insights into the challenges and opportunities faced by entrepreneurs in Southeast Asia.

Challenges and Opportunities

“As an entrepreneur based in Singapore, the journey of building and sustaining a startup in Southeast Asia is marked by both challenges and opportunities,” Mr Hui began. “One of the primary challenges is navigating the diverse regulatory landscapes across different countries. Each nation has its own set of rules and regulations, which can be complex and time-consuming to understand and comply with.”

However, Hui also highlighted the region’s abundant opportunities. “Southeast Asia is a burgeoning market with a young, tech-savvy population. The digital economy is growing rapidly, and there’s a significant demand for innovative solutions across various sectors. This creates a fertile ground for start-ups to thrive.”

Addressing HR Challenges in Startups

Hui emphasized the critical role of human resources in overcoming start-up challenges. “Start-ups often face unique HR challenges, particularly in talent acquisition, transitions, and development,” he explained. “One common challenge is attracting top talent in a competitive market. Start-ups need to offer compelling value propositions to attract and retain skilled professionals.”

To address these challenges, Hui advocated for effective HR solutions. “At WiseNet Asia, we emphasize the importance of continuous learning and development. By investing in employee training and creating a culture of learning, start-ups can ensure their teams stay agile and adaptable to changing industry needs.”

Navigating Cultural and Regulatory Differences

When asked about the impact of cultural and regulatory differences between China and Southeast Asia on innovation and entrepreneurship collaborations, Hui drew on his extensive experience in human resources management. “Understanding cultural nuances is paramount,” he noted. “HR practices are deeply rooted in cultural values, and differences can manifest in areas such as employee management, communication styles, and organizational hierarchy.”

Hui explained that WiseNet Asia places significant emphasis on cultural competency within its HR solutions. “Our team is trained to navigate these cultural intricacies, ensuring that HR practices align with local expectations and foster a positive work environment.”

He also addressed the importance of staying abreast of regulatory variances. “Regulatory differences, from recruitment practices to employee benefits, can significantly impact collaboration. It’s crucial to stay updated on labor laws and compliance requirements in each jurisdiction.”

Strategies for HR Success

Hui outlined several strategies for successful HR management in a diverse and dynamic region:

  • Localized HR Expertise: “We advocate for the inclusion of local HR experts who intimately understand the specificities of both the Chinese and Southeast Asian HR landscapes. This approach helps tailor HR strategies that resonate with local workforce expectations.”
  • Agile HR Solutions: “Flexibility in HR practices is paramount. Tailoring HR policies to accommodate local nuances ensures employee satisfaction and compliance with regional regulations.”
  • Employee Engagement Initiatives: “Recognizing and incorporating cultural elements into employee engagement initiatives fosters a sense of belonging. At WiseNet Asia, we encourage cross-cultural training to enhance understanding and cohesion within multinational teams.”
  • Diversity and Inclusion Programs: “Promoting diversity within the workforce brings varied perspectives and experiences, contributing to adaptability.”
  • Continuous HR Training: “Regular training programs for HR professionals on cross-cultural competencies and evolving HR regulations are integral. This investment ensures that our HR teams are well-equipped to navigate complexities.”

Adapting to Technological Changes

Addressing technological disruptions, Hui emphasized the need for businesses to stay agile and proactive. “The pace of technological change today requires a multifaceted approach,” he stated. Hui recommended several strategies, including fostering a culture of continuous learning, developing cross-functional teams, investing in emerging technologies, and maintaining a customer-centric approach.

“By prioritizing continuous learning and innovation, businesses can position themselves as leaders rather than reactive followers,” Hui concluded.

 

Conclusion

Wesley Hui’s participation in the China-SEA Educational Leadership and Sustainable Development Forum underscored the importance of strategic HR management and cultural competency in fostering innovation and entrepreneurship. His insights provided valuable guidance for navigating the challenges and opportunities in Southeast Asia’s dynamic landscape. As the region continues to grow and evolve, such collaborative efforts will be essential in driving sustainable development and achieving shared goals.

 

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WiseNetAsia Knowledge Center
Copyright © 2024 WiseNet Asia Pte Ltd.  All Rights Reserved

 

In today’s hyper-competitive business landscape, the ability to attract and retain top talent is paramount. Companies worldwide are increasingly turning to data analytics to gain insights that can enhance their recruitment and retention strategies. As organizations in Singapore and beyond grapple with talent shortages and high turnover rates, leveraging data analytics can provide a significant edge. This article delves into how data analytics can be harnessed in recruitment and retention, the data sources involved, actionable recommendations, and key considerations for companies looking to optimize their human resources practices.

Improving Recruitment Efficiency with Data Analytics

The first step in leveraging data analytics for recruitment and retention is understanding what data to collect and how to analyze it. For recruitment, companies should focus on metrics such as time-to-hire, cost-per-hire, source of hire, and candidate quality. These metrics can provide insights into the efficiency and effectiveness of recruitment processes.

Time-to-hire measures the average time taken to fill a position. By analyzing this metric, companies can identify bottlenecks in their recruitment process and streamline their hiring timelines. Cost-per-hire, which calculates the total cost associated with hiring a new employee, can help organizations identify areas where they can reduce expenses without compromising on the quality of hire.

Source of hire tracks the channels through which candidates are recruited. This data can reveal which platforms or methods are most effective in attracting high-quality candidates, allowing companies to allocate their recruitment budgets more efficiently. Candidate quality, assessed through post-hire performance metrics, can provide insights into the long-term success of the hiring process.

Enhancing Employee Retention Through Data Insights

For retention, key metrics include turnover rate, employee engagement scores, and reasons for leaving. Turnover rate, the percentage of employees who leave the organization within a specified period, is a critical indicator of retention success. High turnover rates can signal underlying issues that need to be addressed, such as poor management practices or lack of career advancement opportunities.

Employee engagement scores, often derived from regular surveys, can gauge overall job satisfaction and commitment levels. Low engagement scores can indicate areas where organizational culture or management practices may need improvement. Understanding the reasons for leaving, gathered through exit interviews and surveys, can help organizations identify and mitigate factors contributing to employee turnover.

Key Data Sources for HR Analytics

Effective data analytics relies on robust and diverse data sources. For recruitment, data can be sourced from applicant tracking systems (ATS), human resources information systems (HRIS), and recruitment marketing platforms. ATS can provide detailed data on candidate pipelines, while HRIS can offer insights into employee demographics and performance. Recruitment marketing platforms can track the effectiveness of various recruitment campaigns.

For retention, data can be gathered from employee engagement surveys, performance management systems, and exit interviews. Employee engagement surveys should be conducted regularly to monitor changes in employee sentiment and identify emerging issues. Performance management systems can provide data on employee performance, career progression, and development needs. Exit interviews, conducted systematically, can offer valuable qualitative insights into why employees leave.

Transforming Data into Actionable Insights

Once data is collected, the next step is to analyze it to uncover actionable insights. Companies should adopt a systematic approach to data analysis, leveraging both descriptive and predictive analytics. Descriptive analytics can help organizations understand past and current trends, while predictive analytics can forecast future outcomes and identify potential risks.

Practical Steps for HR Managers

  1. Optimize Recruitment Channels: Use data to identify the most effective recruitment channels and allocate resources accordingly. For instance, if data shows that certain job boards or social media platforms yield higher quality candidates, prioritize these channels in your recruitment strategy.
  2. Streamline Hiring Processes: Analyze time-to-hire and cost-per-hire metrics to identify inefficiencies in the recruitment process. Implementing technology solutions such as AI-powered screening tools can reduce time-to-hire and improve candidate matching.
  3. Enhance Employee Engagement: Regularly conduct employee engagement surveys and act on the feedback received. Use survey data to identify areas where employees feel disengaged and develop targeted initiatives to address these issues.
  4. Develop Retention Programs: Analyze turnover data to identify trends and common reasons for leaving. Develop tailored retention programs that address these factors, such as offering career development opportunities, enhancing workplace culture, or improving compensation packages.
  5. Leverage Predictive Analytics: Use predictive analytics to forecast turnover risk and identify employees who may be at risk of leaving. Proactively engage with these employees to address their concerns and provide support.

Building a Data-Driven HR Strategy

In an era where data is often described as the new oil, the strategic application of data analytics in recruitment and retention can provide a significant competitive advantage. By systematically collecting, analyzing, and acting on data, companies can enhance their ability to attract and retain top talent, ultimately driving organizational success. As the broader global market continues to evolve, the importance of data-driven decision-making in human resources cannot be overstated. In fact, data analytics might be the key to solving many workforce issues companies face today.

 

28 May 2024, Singapore – Organized by the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI) and co-hosted by WiseNet Asia, the seminar titled “Forging Ahead: Charting Sino-Singapore Business Opportunities in Chongqing” successfully concluded in Singapore. The event aimed to facilitate collaborations between Singaporean and Chinese enterprises through the inland route of Chongqing, attracting participation from leading companies in both regions.

The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity was led by Mr. Sun Xiyong, Deputy Director of CCIB (中新示范项目管理局孙熙勇副局长). The event saw participation from industry leaders representing 20 companies from Chongqing and 20 companies from Singapore. Attendees received presentations on China-Singapore Connectivity Projects and Chongqing’s development advantages, offering data-backed insights into the strategic landscape.

Representatives from key Chongqing enterprises, including Inspur and Sansec, showcased their strategic developments across multiple sectors such as software, information services, and artificial intelligence. Meanwhile, Singaporean participants, including industry heavyweights like Keppel Infrastructure, China Mobile International, and Go Global Gem, shared their expertise and explored potential collaboration avenues.

Throughout the day, networking sessions laid the groundwork for potential cross-border development opportunities. Among the key insights gleaned from the event was the strategic importance of expanding into the ASEAN market for Chinese companies. Data indicated that setting up entities or regional headquarters in Singapore serves as a pragmatic first step, given its strategic location and business-friendly ecosystem. Attendees also gained valuable insights into Singapore’s policies and supporting schemes, with data highlighting their efficacy in facilitating market entry and expansion.

Wesley Hui, Founder of WiseNet Asia, stated, “Singapore is a gateway to helping Chinese companies expand into ASEAN and worldwide due to the policies and supporting schemes available. Additionally, its ‘West meets East’ location helps bridge the cultural gap.”

In summary, the seminar provided a data-driven platform for substantive discussions and collaboration opportunities between Chinese and Singaporean enterprises. As both nations leverage data to inform strategic decisions, events like these serve as catalysts for driving mutual growth and prosperity.

 

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EVENT INFORMATION:

This event aims to facilitate project cooperation between China and Singapore enterprises, with a focus on introducing Chongqing enterprises and promoting business opportunities.

Organizer: China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity / 中新(重庆)战略性互联互通示范项目

Co-Organizer: WiseNet Asia Pte Ltd

Seminar Details:

  • Seminar Title: Forging Ahead: Charting Sino-Singapore Business Opportunities in Chongqing
  • Date: May 28, 2024 (Tuesday)
  • Time: 9:00 am – 1:00 pm
  • Location:
    10 Square
    Address: No. 181, Orchard Road, #10-01, Orchard Central,
    Singapore 238896

Objectives of the Event:

  1. Facilitating Business Collaboration: Foster stronger ties between Singaporean and Chongqing enterprises by providing a platform for networking, idea exchange, and potential collaboration opportunities.
  2. Promoting Market Expansion: Raise awareness among Singaporean companies about the business potential and development advantages in Chongqing, encouraging them to explore new markets and investment opportunities.
  3. Enhancing Cross-Border Cooperation: Deepen understanding of the China-Singapore Connectivity Project and facilitate discussions on how Singaporean enterprises can leverage this initiative to expand their presence in the Chinese market.

What Singapore Enterprises Can Gain:

  1. Insight into Chongqing Market Dynamics: Gain valuable insights into the diverse industries and emerging sectors in Chongqing, enabling Singaporean enterprises to identify potential areas for expansion and investment.
  2. Access to Key Decision Makers: Connect with relevant personnel from the Chongqing Connectivity Initiative Bureau and key Chongqing enterprises, providing an opportunity to establish strategic partnerships and explore collaborative projects.
  3. Networking and Knowledge Sharing: Engage in open communication and knowledge sharing sessions with industry peers and experts, fostering meaningful connections and learning from best practices in cross-border business ventures.

Agenda:

9:00-9:15: Guest check-in (presentation of promotional video)

9:15-9:20: Event opening and introduction of guests

9:20-9:30: Guest speeches

9:30-9:45: Presentation on China-Singapore Connectivity Projects and Chongqing’s development advantages

9:45-11:00: Introductions by key Chongqing enterprises

11:00-12:00: Open networking session

12:00-13:00: Working lunch

Find out more:

This is a by-invitation event. If you would like to request an invitation or if you have any inquiries, please do not hesitate to contact us at:

Wesley Hui
G +65 6337 2231 | M +65 9661 9473 | wesley.hui@wisenetasia.com

WiseNetAsia Knowledge Center
Copyright © 2024 WiseNet Asia Pte Ltd.  All Rights Reserved

 

In the global work landscape, regardless of location, the significance of physical proximity within teams cannot be overstated.  Beyond facilitating functional collaboration, the cultural significance of interpersonal relationships also plays a crucial role in shaping the dynamics of the workplace.

While physically working within teams, group camaraderie not only drives motivation but also boosts positive moods at work, especially during mundane or repetitive tasks. The shared experience of facing challenges and accomplishing goals together fosters a sense of unity, creating a work environment where individuals feel connected and motivated.

Other benefits of physical working together include the spontaneous exchange of ideas that often happens during casual interactions. The impromptu discussions by the water cooler or during a coffee break can lead to innovative solutions and creative insights that might not emerge in virtual environments. Furthermore, the immediate feedback and real-time collaboration facilitate faster decision-making processes, enhancing overall efficiency.

In today’s work environment, where some teams are working from home or remotely, companies face the challenge of maintaining and even fostering the individual drive and team bonding that is traditionally associated with physical teamwork. To address this, organizations can implement several strategies:

Virtual Team-building Initiatives: Employ creative virtual team-building activities that simulate the camaraderie of physical interactions. This can include online games, virtual happy hours, or collaborative projects that encourage team members to work together in a relaxed setting.

Regular Video Conferencing: Utilize video conferencing tools for regular team meetings. Seeing colleagues’ faces and expressions can add a personal touch, making virtual interactions more engaging and fostering a sense of connection.

Clear Communication Channels: Establish clear communication channels to ensure that team members feel connected and informed. Regular updates, transparent communication about organizational goals, and open lines for feedback contribute to a sense of belonging and shared purpose.

Individual Recognition: Acknowledge and celebrate individual achievements. In a remote work setup, where physical presence is limited, recognizing and appreciating individual efforts becomes even more crucial. This can be done through virtual shout-outs, recognition emails, or even small tokens of appreciation.

Flexible Work Arrangements: Consider flexible work arrangements that allow teams to occasionally work together physically. Whether through periodic office days or team-building retreats, creating opportunities for face-to-face interactions can rejuvenate team dynamics.

Encourage Informal Communication: Beyond official meetings, create platforms for informal communication. This can include virtual chat groups, discussion forums, or even dedicated time during meetings for casual conversations.

By proactively addressing the challenges posed by remote work, companies can preserve the essence of team dynamics and individual drive that physical collaboration traditionally fosters. Embracing a combination of virtual and physical interactions can lead to a more resilient, connected, and motivated workforce in today’s evolving work landscape.

 

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In the heart of Xiantao Data Valley, two interns from Nanyang Technological University(NTU) in Singapore, Yanyu Mao, pursuing a dual degree in Computer Science and Economics, and Aden Ong Yew, specializing in Computer Engineering, embark on a journey that transcends geographical boundaries. Join Xiantao Xiao Mei as she takes you through a day in their lives, unraveling the unique experiences they encounter while working and living in the dynamic world of data.

Under the joint initiative of China’s Ministry of Human Resources and Social Security and Singapore’s Ministry of Education, the Youth Internship Exchange Program has been fostering collaboration since 2020, facilitating internships for 500 college students between Singapore and China. As a pivotal hub for the China-Singapore (Chongqing) Strategic Interconnection Demonstration Project, Yubei District, with Xiantao Data Valley as its pioneering pilot, has taken the lead in promoting youth talent exchange and cooperation between China and Singapore. In June 2023, following the successful launch of the National University of Singapore (NUS) internship program, the first batch of Nanyang Technological University students arrived at Xiantao Data Valley for their cross-border on-site internships.

Xiantao Data Valley, a beacon of cooperation in the field of information and communication within the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, is committed to development of the Singapore (Chongqing) Youth Talent Station. Future plans include extending cross-border internship exchange programs to other prominent Singapore universities such as Singapore Polytechnic, Nanyang Technological University, and Singapore Institute of Technology. The initiative aims to propel high-quality young talents from Singapore and “Belt and Road” countries to intern, train, and engage in entrepreneurship in Chongqing. In doing so, Xiantao Data Valley aspires to become a vital platform for youth talent exchange, cooperation, and employment within the framework of China-Singapore collaboration.

The journey of Ayden Ong Yew and Yaw Wang is not just a mere internship; it’s a cultural exchange that goes beyond the confines of classrooms and borders. Stay tuned as we explore the intricate tapestry of their experiences, forging connections, and contributing to the collaborative spirit that defines the landscape of Xiantao Data Valley.

Credits to Chongqing Municipality China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity Administrative Bureau.  This article was originally published here: 新加坡(重庆)青年人才驿站暑期跨境实习拉开帷幕 (qq.com)

WiseNetAsia Knowledge Center
Copyright © 2024 WiseNet Asia Pte Ltd.  All Rights Reserved

 

In the ever-changing landscape of Singapore’s job market, staying informed about evolving work trends is not just advantageous but imperative. Both employers and employees play pivotal roles in understanding and adapting to these shifts, creating a symbiotic relationship that fosters growth and success.

For employers, comprehending job market trends is a strategic necessity. It equips them with the insights needed to attract and retain top talents. By staying abreast of industry dynamics, employers can position themselves ahead of competitors, identifying emerging opportunities and aligning their business strategies with the evolving demands of the market. This proactive approach is instrumental in securing a competitive edge, ensuring sustained growth and resilience.

Employees, on the other hand, benefit immensely from keeping abreast of job market trends. This knowledge is a cornerstone for effective career planning, allowing individuals to make informed decisions about their professional paths. It enables them to identify potential areas for personal growth, align their skills with market demands, and strategically plan their career trajectories. Armed with this understanding, employees position themselves as valuable assets within their organizations, seizing opportunities for career advancement and negotiating more favorable terms for their professional growth.

As the job market in Singapore undergoes significant transformations propelled by global influences, technological advancements, and evolving worker expectations, adaptability becomes the key to success. Staying informed about the latest trends ensures that both employers and employees can navigate this dynamic environment effectively, fostering a workplace ecosystem where growth and success are not just aspirations but tangible outcomes.

Embracing Flexibility: The Rise of Remote Work

Work-life balance is taking on a new meaning as employers increasingly embrace flexible work arrangements. Recognizing that productivity can thrive beyond the traditional office setting, companies in Singapore are leveraging technology to create seamless virtual work environments. This shift allows employees to contribute effectively from anywhere while ensuring collaboration and maintaining individual well-being.

Investing in Skills: Thriving in a Skills-Driven Economy

Technological advancements are reshaping the requirements of various jobs across industries. Employers now understand the importance of investing in their workforce to remain competitive in the era of digital transformation. In Singapore, there are government initiatives and corporate programs actively encouraging employees to acquire new skills. Both technical and soft skills such as adaptability, communication, and critical thinking are emphasized. Those who proactively embrace continuous learning will be better positioned for career growth as the job market continues to evolve.

The Gig Economy: Redefining the Employment Landscape

The gig economy is gaining traction, offering professionals greater flexibility and the opportunity to diversify their skills and experiences. Short-term contracts, freelance work, and project-based assignments are becoming more prevalent, allowing individuals to craft more diverse and dynamic career paths. Employers benefit from accessing specialized talent for specific projects without committing to long-term employment. Navigating this emerging gig economy requires a shift in mindset for both employers and professionals seeking alternative career structures.

Fostering Inclusion and Diversity: Driving Innovation

Diversity and inclusion have transcended buzzwords and become crucial aspects of successful workplaces. In Singapore, companies recognize the value of diverse perspectives and are actively working towards creating inclusive environments that celebrate differences. This strategic move not only aligns with societal expectations but also fosters innovation and creativity. Organizations prioritizing diversity and inclusion are better positioned to attract top talent, enhance employee engagement, and drive business success in today’s globalized market.

Tech-Enabled Recruitment: Streamlining the Hiring Process

The recruitment landscape is being transformed by technology. Artificial intelligence, data analytics, and automation are revolutionizing hiring practices, making them more efficient and objective. Predictive analytics now enable identification of potential candidates based on their skills, experience, and cultural fit. Job seekers must adapt to new tools and platforms that facilitate the application and interview process, highlighting the importance of maintaining a strong online presence and crafting a compelling digital resume.

Conclusion:

As we stand at the intersection of traditional practices and emerging trends, the ability to embrace change becomes a key determinant of success.  By understanding and adapting to these evolving trends, both individuals and organizations can shape a future where the workforce not only anticipates change but excels in it.

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2023年中新青年领袖研讨会
China-Singapore Youth Leaders’ Workshop 2023

Empowering Tomorrow’s Leaders

22 December 2023 – The inaugural China-Singapore Youth Leaders’ Workshop 2023 concluded successfully in Fuzhou, China, bringing together 17 exchange students from Nanyang Technological University in Singapore and 18 outstanding students from Fuzhou Software Technology Vocational College.

Mr. Xia Fushun, Director of the International Exchange Center, Fuzhou Software Technology Vocational College, set the tone with an insightful opening speech. Emphasizing the workshop’s unique focus on cultivating leadership skills among young leaders, Mr. Xia encouraged interactive exchanges to equip students with practical work skills and unleash their leadership potential. The event also aimed to foster communication and exchanges between Chinese and Singaporean youth.

Mr. Xia Fushun, Director of the International Exchange Center, Fuzhou Software Technology Vocational College

To break the ice and promote camaraderie, Ms. Poon Kwee Ping, an accomplished HR leader and event speaker, led an engaging icebreaker activity. This activity facilitated collaboration between students from both institutions, laying the foundation for lasting friendships.

Students playing games

Ms Poon presenting a gift to the game winner

Ms. Poon then delved into a lively sharing session, offering a behind-the-scenes look at how hiring managers make decisions. Her insights covered essential tips for job candidates, ranging from resume development to interview strategies.

Secret Tips for Job Interview by Ms Poon Kwee Ping

The workshop reached new heights with an online session featuring Mr. Wesley Hui, Founder of Netxus Asia, who shared two decades of executive search experience. Mr. Hui provided valuable insights on self-discovery, identifying strengths and passions, and charting post-college paths. He also distinguished between C-level professionals and entrepreneurs, guiding students towards informed decisions for their future endeavors.

Career Planning Insights by Wesley Hui

After the formal sessions, Fuzhou Software Technology Vocational College organized a cultural exchange, inviting NTU students to explore the school’s “Craftsmanship to Build Dreams” master paper-cutting studio. This immersive experience aimed to deepen Singaporean students’ understanding of Chinese culture, particularly the unique artistic charm of paper-cutting.

Paper cutting exercise for NTU students

Acknowledging the success of the workshop, it’s important to highlight the collaborative efforts of the Organizer Netxus Global Pte Ltd and Sponsors WiseNet Asia Pte Ltd, NetDragon, and Fuzhou Software Technology Vocational College in contributing to the educational aspects of the One Belt One Road initiative. This initiative continues to strengthen educational ties between China and Singapore, fostering a shared vision for the future. As we reflect on the accomplishments of the China-Singapore Youth Leaders’ Workshop 2023, it underscores the significance of cross-cultural collaboration in the broader context of the One Belt One Road initiative, paving the way for even more impactful exchanges in the future.

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WiseNetAsia Knowledge Center
Copyright © 2023 WiseNet Asia Pte Ltd.  All Rights Reserved

In the chaotic tapestry of modern living, where the noise of daily life competes for our attention, finding a quiet mind seems like an elusive quest. However, hidden within the realms of silence lies a potent force that acts as the precursor to both the subtle triumphs and grand successes in our lives.

The Modern Symphony of Noise

In an era dominated by the constant hum of notifications, the relentless chatter of social media, and the perpetual demands of a fast-paced world, the concept of a quiet mind might feel like an antiquated luxury. Yet, in the eye of this storm, achieving success, both big and small, hinges on the ability to cultivate a sense of inner calm.

The Wisdom of Silence

Eckhart Tolle, a luminary in the realm of mindfulness, emphasizes the transformative power of silence. It’s not merely the absence of noise; rather, it’s a profound stillness that allows for a deeper connection with oneself and the world. This wisdom invites us to explore the notion that success is not just about external achievements but an internal journey of self-discovery and mastery.

From Chaos to Clarity

Picture a cluttered desk. Each scrap of paper, each misplaced item contributes to the chaos. Our minds often resemble this cluttered space, filled with the debris of unprocessed thoughts and distractions. Attaining a quiet mind involves decluttering — a process of clearing mental space to pave the way for clarity.

The Art of Deep Focus

Amid the constant bombardment of information, the ability to focus has become a rare skill. A quiet mind acts as a sanctuary, a space where the mind can dive deep into the ocean of concentration. In this state of profound focus, seemingly insurmountable tasks unravel into a series of manageable steps.

Setting the Stage for Success

In the silence of a tranquil mind, goals become more than mere aspirations; they transform into well-defined targets. The absence of mental noise allows us to set meaningful objectives, aligning our actions with a clear vision. This mental clarity becomes the stage upon which success performs its grand narrative.

The Ripple Effect of Small Successes

Success is not always a grand event; more often, it’s a series of small victories that create a ripple effect. These small successes, born out of a disciplined and focused mind, pave the way for larger achievements. Each triumph strengthens the foundation for the next, creating momentum in the journey towards significant accomplishments.

The Transformative Power of Patience

In the quietude of the mind, patience finds its fertile ground. Success, particularly the substantial kind, requires time and persistent effort. A quiet mind embraces the concept of ‘patient persistence,’ understanding that the journey is as crucial as the destination.

Navigating Life’s Challenges

Life is replete with challenges, both expected and unforeseen. A quiet mind becomes a companion, a guide that navigates through the complexities with grace. It reframes challenges as opportunities for growth, transforming setbacks into stepping stones toward success.

A Symphony of Balance

Success loses its sweetness when achieved at the cost of well-being. A quiet mind introduces balance, harmonizing the various facets of life — work, relationships, and personal well-being. It is the silent conductor orchestrating a symphony where achievements resonate alongside peace of mind.

Cultivating Silence in a Noisy World

The path to a quiet mind is not a one-time journey but a continuous practice. Meditation, mindfulness, or simply being present in the moment are gateways to this internal sanctuary. Cultivating silence becomes an intentional choice in a world that incessantly demands our attention.

The Journey, Not the Destination

As we embark on the pursuit of success, both big and small, let’s remember that it’s the journey that sculpts our character. A quiet mind is not a means to an end but a companion that enhances the richness of the journey. Success, when accompanied by a tranquil mind, becomes not just an achievement but a state of being.

In conclusion, the quiet mind stands as the silent architect behind the tapestry of our successes. In its embrace, we find not just the key to unlocking achievements but the essence of a fulfilled and purposeful life. So, in the hustle and bustle of our daily lives, let’s not forget to cultivate the quiet within — the silent precursor to all the little and big successes that life has to offer.

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Singapore, 1 Dec 2023 – WiseNet Asia has joined forces with Netxus Global and the National University of Singapore (NUS) to orchestrate an exclusive recruitment event tailored for NUS students. This initiative aims to connect interested students with distinguished recruiters and company representatives from Chongqing, China.

The event delves into crucial topics related to policies for foreign talents, providing updates on the China Foreign Talents Attraction Program. This includes a comprehensive exploration of the opportunities and challenges inherent in navigating the professional landscape of the region.

Going beyond the typical career fair, this event acts as a conduit for students to explore job prospects that transcend geographical boundaries. Meticulously selected job opportunities, chosen for their potential to offer global work exposure, act as catalysts propelling students toward a future enriched by diverse experiences and perspectives.

In essence, this collaboration between WiseNet Asia, Netxus Global, and NUS transcends the conventional boundaries of a recruitment event. It evolves into a transformative experience, empowering students to envision a future where their professional endeavors are not confined by borders. The symbiotic exchange of ideas, information, and opportunities serves as a testament to the power of global partnerships in shaping the trajectory of aspiring talents.

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