JobsDB.com announces plans to become Hong Kong's first Internet-based business with global operations by 2000

Hong Kong : 9 November 1999

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

Since its launch in July 1998, the Hong Kong-headquartered company has opened five further 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."

As an example, JobsDB.com recently signed an important partnership agreement with Singapore's leading Internet Service Provider (ISP), SingNet. Under the agreement JobsDB.com will operate the Career Channel for Singapore's most popular Web site.

Although established less than six months ago, JobsDB.com's Singapore site alone has facilitated over 95,000 job applications with more than one million page views per month. At present, more than 2,000 jobs are registered on-line and over 1,000 companies are utilising the Singapore site.

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 proud to have achieved so much without government support or funding by venture capitalists, and we want to demonstrate that a Hong Kong Internet company can become a global force through sound business strategy and technical excellence," Mr. Sung said.

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 beyond geographical boundaries.

Internationally, JobsDB.com is becoming recognised as a powerful, cost-effective media by multinational employers who look for top personnel beyond geographical borders. JobsDB.com officially opened its Taipei office in October, 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 locations by using any computer with Internet access and are assured of complete confidentiality.

Government authorities in the region have been quick to recognise the enormous benefits JobsDB.com delivers. At the recent launch of the Thailand office in September, the Minister of Science, Technology and Environment, Dr. Arthit Ourairat presided over the opening ceremony with the Singapore National Computer Board's Deputy Director, Dr. Chee Yeow Meng as the Guest of Honour.