JobsDB.com set to become Asia's first global Internet-based business by 2000

Hong Kong : 6 January 2000

JobsDB.com, Asia Pacific's leading interactive recruitment network, recently unveiled an aggressive business strategy aimed at becoming the first Asian Internet-based business to have significant global operations by the middle of next year.

Since its launch in July 1998, the Hong Kong-based company has opened five more offices in the Asia Pacific region and has disclosed plans to open three more by year-end. At the same time, JobsDB.com is also intending to set up offices in the United States, Europe, China and Japan to build the foundation for a worldwide on-line recruitment service.

Outlining JobsDB.com's business strategy, company chairman, Mr. Samuel Sung said that despite the global reach of the Internet, the only way to become truly successful on a regional and international basis is by setting up offices wherever the company operates.

"In order to fully understand the diverse needs and opportunities in each market we must have a physical presence," Mr. Sung explained. "JobsDB.com is determined to provide the first pan-regional, fully interactive recruitment network without geographical limitations. To this end, we have to build relations with local companies, ISPs, major portals and government authorities to demonstrate our focus and commitment."

Aligned with its goal to extend its presence worldwide, JobsDB.com established its office in Manila this year, which has already activated over 2,500 resumes since the Philippine website was launched in July. JobsDB Philippines currently has more than 5,000 job seekers that have subscribed to Job Alert, a unique feature that informs the job seeker of job positions that match their specifications. Meanwhile, JobsDB Philippines has over 1,000 companies signed up and more than 1,200 job openings monthly awaiting potential job seekers.

For October alone, the Philippine site had more than 1.8 million hits, with over 450,000 page views and an average of 2000 user-sessions per day.

As more sites are being formed to eventually cover all the countries in the region, JobsDB.com is anticipating staggering growth in traffic and corporate subscribers. The company forecasts that it will have over 100,000 companies on board by 2001.

"We are pleased that JobsDB Philippines is generating such a favorable response from local companies and professionals," says Raymond Catane, General Manager, JobsDB Philippines. "With the success of JobsDB in the Philippines, we are confident that JobsDB Asia-Pacific will indeed become a global force through sound business strategy and technical excellence."

Using JobsDB.com's powerful search engine and user-friendly interface, visitors have access to the region's most advanced interactive recruitment network. Employers and job seekers alike can interact to find the perfect job or ideal candidate in real time and in other countries.

Internationally, JobsDB.com is becoming recognized as a powerful, cost-effective media by multinational employers who look for top personnel in and beyond their own territories. With offices already established in Hong Kong, Malaysia and Singapore, JobsDB.com launched the Thailand office in September and officially opened its Taipei office in October, thereby extending its regional network to six destinations.

Already the leading on-line recruitment network in Asia, JobsDB.com provides a hi-tech solution for job seekers and employers. Employers enjoy the speed, cost-effectiveness and regional scope of the service, while job seekers are able to search for positions in different countries by using any computer with Internet access and are assured of complete confidentiality.