SINGAPORE, Sept. 18, 2024 /PRNewswire/ -- Moomoo Financial Singapore Pte. Ltd. ("Moomoo Singapore") has been named the Best Retail Broker in Singapore by the Securities Investors Association (Singapore) ("SIAS") — for the second consecutive year.
Mr Gavin Chia, CEO of Moomoo Singapore, received the prestigious award at the SIAS Investors' Choice Awards Dinner on Tuesday, 17 September 2024. The event was graced by Guest-of-Honour, Mr Tharman Shanmugaratnam, President of Singapore, as well as Mr Goh Chok Tong, Emeritus Senior Minister.
"We are honoured to be recognised as the Best Retail Broker in Singapore for the second year running. This prestigious accolade recognises our unwavering commitment to be the leading broker of choice for retail investors in Singapore, and is testament to our dedication to provide an exceptional investment platform for all," Chia said.
"Our successful defence of the Best Retail Broker award this year has added meaning and significance for Moomoo Singapore, as we achieved the one million user milestone in Singapore earlier this year. With 1 in 3 Singapore residents now using our platform in pursuit of their investment goals, this award reaffirms our growing reputation as the investment platform of choice for those in Singapore," he added.
The Best Retail Broker Award caps off a strong quarter for Moomoo Singapore, and follows closely on the heels of two other accolades — the Investment Tech of the Year Award at the Asia Fintech Awards 2024, as well as the Investment Product Innovation of the Year (Singapore), awarded as part of the Asian Banking & Finance Retail Banking Awards 2024.
"The numerous accolades we have received reflect the dedication we have invested in building and improving the moomoo platform. We remain committed to further strengthening our technology capabilities to ensure we provide our clients with the most effective tools to support their success in their investment journeys."
Slew of Achievements
Today, moomoo offers a wide range of tech features on its platform. They include:
"While our tech capabilities have been crucial to our success over the years, our rapid growth over the years has been made possible by our deep understanding of the retail investment community in Singapore. Through our frank conversations with retail investors at roadshows and offline activities, we have gained deep insights into their investment objectives, and accordingly tailored our offerings in response to their needs. Such engagement with the retail community will continue to be at the heart of what we do, even we work towards the next significant milestone for Moomoo Singapore," Chia said.
"This is deeply aligned with the objectives of SIAS, whose unrelenting commitment to protect the rights of retail investors in Singapore has been a role model for all. We will continue to work with SIAS to ensure that the voice of retail investors is heard, and to raise the standard of investor education in Singapore. On this occasion, I would like to wish SIAS a very happy 25th anniversary," he added.
About Moomoo Singapore
Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.
In Singapore, Moomoo Financial Singapore Pte. Ltd. (www.moomoo.com/sg) offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In April 2024, Moomoo Singapore reached the 1 million users milestone in Singapore.
Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products that rival that of traditional private banks, and has been recognised by Asia Banking and Finance for its product excellence. Visit us at: https://www.moomoo.com/sg/private-wealth
Our achievements include the Investment Tech of the Year award at the 2024 Asia Fintech Awards and the SIAS Best Retail Broker 2024.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Moomoo Singapore is Best Retail Broker in Singapore for the second year running
SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- Although sustainability is a growing business priority, only 6% of business leaders report that their organisation has completed at least one round of sustainability implementation. This is in comparison to 14% from NTUC LearningHub's Special Report on Sustainability 2022. Nevertheless, a positive outlook remains as nearly three quarters of business leaders (72%) share that their organisation will begin its sustainability journey within the next five years or more, marking a 6% increase from the 2022 report.
Employees perceive possessing the knowledge and skills necessary to understand and implement sustainability initiatives at the workplace (6% to a large extent, 55% to a moderate extent, 34% to a small extent). However, more than four in five business leaders (15% strongly agree, 71% somewhat agree) say that there is a gap in expertise and skill sets around sustainability in their organisation where they seek skills like climate change sustainability (30%), environmental management system framework or policy (29%), risk management (29%), sustainability risk and impact assessment (29%), and Environmental and Social Governance (28%).
These are some of the key findings from NTUC LearningHub's Sustainability for Business Resilience Report 2024, which investigates sustainability as a business imperative, the current state of sustainability efforts in organisations, and the critical role of training and certifications. Based on survey involving over 150 business leaders and 350 full-time working professionals, the report also highlights the in-demand job roles and skills that inform and shape individuals' career progression while strengthening the business' resilience.
While nearly a third of business leaders (30%) report having sent their employees for sustainability-related training in the past year, only one in ten employees (11%) report attending sustainability-related training and about half (46%) are unaware of the available programmes in the market. This occurs while both business leaders and employees express similar concerns over training.
When sending employees for training, business leaders grapple with employees being too busy with work to attend training (43%), difficulty in identifying industry-recognised courses (39%) and relevant external training providers or centres (32%), insufficient budget for training programmes (36%), and resistance to change among employees (35%). Meanwhile, employees cite being too busy with work to attend training (43%), training programmes not being fully funded by their company (29%), having no one to cover their work while they are away for training (28%), uncertainty about their skills gaps (28%), and limited in-house training programmes offered by their organisation (27%) as key challenges.
Although nearly four in five business leaders (17% strongly agree, 63% somewhat agree) agree that their organisation has clearly communicated how employees can contribute towards the organisation's sustainability goals, both groups have differing views on the top motivators for sustainability initiatives implementation. Employees report the top three motivators to be cost savings (46%), complying with rules and regulations (44%), and responding to market demand (36%). On the other hand, business leaders cite responding to market demand (54%) as the primary driver, followed by achieving cost savings (49%), and managing risks (43%).
Moreover, one in three employees (33%) lack the confidence in their organisation's ability to effectively implement sustainability initiatives, citing unclear sustainability goals (41%), insufficient budget allocated to sustainability initiatives (34%), and lack of sustainability training programmes (32%) as primary reasons.
Commenting on the report's findings, Mr Tay Ee Learn, Chief Sector Skills Officer, NTUC LearningHub, says, "The findings suggest a possible disconnect between business leaders and employees, likely stemming from a lack of common understanding and therefore shared goal in the journey to implement sustainability initiatives within organisations. Transparent communication is key, but organisations must first develop a clear sustainability roadmap with defined goals to ensure everyone is aligned. This involves prioritising workforce training and development to prepare employees for new and refreshed green roles. Leveraging resources like the NTUC Awareness, Resources, Community (ARC) Framework, which offers sustainability solutions to employers while facilitating the training of their workers, can help organisations address their challenges. Investing in the development of their human capital will go a long way to reassure the workforce that they are valued, allowing both organisations and workers to remain competitive in a dynamic landscape."
To download the Sustainability for Business Resilience Report 2024, please visit https://www.ntuclearninghub.com/media/research-reports/2024/Sustainability. To find out more about the courses, training, and grants, please contact NTUC LearningHub at www.ntuclearninghub.com.
About NTUC LearningHub
NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working with employers and individual learners to provide learning solutions in areas such as Infocomm Technology, Generative AI & Cloud, Healthcare, Retail & Food Services, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources & Coaching and Foreign Workers Training.
To date, NTUC LearningHub has helped over 29,000 organisations and achieved more than 2.6 million training places across more than 2,900 courses with a pool of about 900 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships to offer a wide range of relevant end-to-end training. Besides in-person training, we also offer instructor-led virtual live classes (VLCs) and asynchronous online learning. The NTUC LearningHub Learning eXperience Platform (LXP) — a one-stop online learning mobile application — offers timely, bite-sized and quality content for learners to upskill anytime and anywhere. Beyond learning, LXP also serves as a platform for jobs and skills development for both workers and companies.
For more information, visit www.ntuclearninghub.com.
Press Contact
Gabriel J. Tan
Senior Executive, Public Relations
Email: gabriel.tan@ntuclearninghub.com
Vaiishnavi Karnan
Senior Executive, Public Relations
Email: vaiishnavi@ntuclearninghub.com
Zulaikha Zulkiflee
Manager, Brand & Communications
Email: zulaikha@ntuclearninghub.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sustainability implementation in organisations is still a Work-in-Progress amid lack of training and employee uncertainty over organisation goals
