HSINCHU, Taiwan, May 31 (Bernama-GLOBE NEWSWIRE) -- ITRI's R&D expertise of robotics will be in the international limelight at the 2017 IEEE International Conference on Robotics and Automation (ICRA), the world's largest robotics conference. ICRA is considered the source of many groundbreaking technologies for robotics, self-driving vehicles, and artificial intelligence. At ICRA, top researchers around the globe annually discuss the latest innovations in robotics and automation. Dr. Jwu-Sheng Hu, ITRI's Vice President and General Director of the Mechanical and Mechatronics Systems Research Laboratories, has been invited to serve as one of the Industrial Forum Chairs in ICRA 2017 committee. ITRI's Motion Intelligence Orchestration (MIO) industrial robotics controller and PC-based motion control card EPCIO will also be on display at ICRA 2017.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e97eaa12-e873-4539-b801-016bf36b3c35
Dr. I-Ming Chen of Singapore's Nanyang Technological University and General Chair of this year's ICRA, stated that according to the International Federation of Robotics (IFR), Japan, Korea, and China are the leading markets for industrial robotics, with the Asia Pacific industrial robotics industry contributing to over 50% of overall market revenue. This points to the importance of the Asia Pacific in the global robotics industry and is why ICRA 2017 took place in Singapore, he said. ITRI's Dr. Hu, who is also a Professor in the Department of Electrical and Computer Engineering at National Chiao Tung University, will serve as an Industrial Forum Chair at ICRA 2017 committee. Dr. Hu's background in both academic and research communities will be conducive to forging cooperation with the industrial sector.
http://mrem.bernama.com/viewsm.php?idm=29259
Wednesday, May 31, 2017
NATIONAL ENERGY SERVICES REUNITED CORP. ANNOUNCES CLOSING OF PARTIAL OVER-ALLOTMENT EXERCISE IN CONNECTION WITH ITS INITIAL PUBLIC OFFERING
NEW YORK and HOUSTON, May 31 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, announced today that it has consummated the sale of an additional 1,921,700 units pursuant to the partial exercise of the underwriters' over-allotment option in connection with the Company’s initial public offering (“IPO”). The additional units were sold at $10.00 per unit, generating additional gross proceeds of $19,217,000 to the Company and bringing the total gross proceeds of the IPO to $229,217,000.
http://mrem.bernama.com/viewsm.php?idm=29257
http://mrem.bernama.com/viewsm.php?idm=29257
JANUS CAPITAL GROUP INC. AND HENDERSON GROUP PLC COMPLETE MERGER OF EQUALS
Janus Henderson Group plc is a leading global active asset manager with a distinct brand, diverse geographic footprint, enhanced investment capabilities and client service
LONDON and DENVER, May 31 (Bernama-GLOBE NEWSWIRE) -- Janus Capital Group Inc. and Henderson Group plc today announce the completion of an all-stock merger of equals to form Janus Henderson Group plc (Janus Henderson). Concurrent with Henderson Group plc's delisting from the London Stock Exchange, today Janus Henderson lists its shares on the New York Stock Exchange (NYSE) under the ticker symbol “JHG” (NYSE:JHG). Janus Henderson securities will also continue trading on the Australian Securities Exchange (ASX) on a deferred settlement basis up to the close of trading on 2 June 2017 under the code HGGDA, and on a normal settlement basis on and from 5 June 2017, with normal settlement trading in Janus Henderson securities on the ASX taking place under the ticker symbol "HGG" up to the close of trading on 9 June 2017. On and from 13 June 2017, Janus Henderson securities will trade on the ASX under the ticker symbol “JHG” (ASX:JHG). The group will market its products and services as Janus Henderson Investors with immediate effect.
http://mrem.bernama.com/viewsm.php?idm=29255
LONDON and DENVER, May 31 (Bernama-GLOBE NEWSWIRE) -- Janus Capital Group Inc. and Henderson Group plc today announce the completion of an all-stock merger of equals to form Janus Henderson Group plc (Janus Henderson). Concurrent with Henderson Group plc's delisting from the London Stock Exchange, today Janus Henderson lists its shares on the New York Stock Exchange (NYSE) under the ticker symbol “JHG” (NYSE:JHG). Janus Henderson securities will also continue trading on the Australian Securities Exchange (ASX) on a deferred settlement basis up to the close of trading on 2 June 2017 under the code HGGDA, and on a normal settlement basis on and from 5 June 2017, with normal settlement trading in Janus Henderson securities on the ASX taking place under the ticker symbol "HGG" up to the close of trading on 9 June 2017. On and from 13 June 2017, Janus Henderson securities will trade on the ASX under the ticker symbol “JHG” (ASX:JHG). The group will market its products and services as Janus Henderson Investors with immediate effect.
http://mrem.bernama.com/viewsm.php?idm=29255
Tuesday, May 30, 2017
A.M. BEST DOWNGRADES CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND THE TOA REINSURANCE COMPANY OF AMERICA
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.
The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
TECHNOLOGICAL CHANGE AND CYBER RISK OVERTAKE REGULATION AS TOP RISKS FOR INSURERS
‘Banana Skins’ survey reflects industry risk perception
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
Monday, May 29, 2017
PROPHETSTOR, INNOVIX UNVEILS ANTI-RANSOMWARE SOLUTION
KUALA LUMPUR, May 29 (Bernama) -- ProphetStor Data Services Inc, in collaboration with Innovix Distribution has introduced the ProphetStor DR Prophet Software-Defined Data Protection, an anti-ransomware software that helps enterprises avoid suffering heavy losses in revenue over the years. The product has the ability to recover any file, folder, disk and even entire servers from being hijacked or stolen and restore them to the original state, ProphetStor said in a statement today. ProphetStor South Asia Regional Director, Simon Ng, said the anti-ransomware solution bundle was unique because customers could achieve full server recovery up to the last snapshot stored within minutes. The innovation was powered by the robust and cost-effective Hewlett Packard Enterprise servers, which enable cost-conscious customers to reap the benefits from an all-in-one solution bundle, he said. "This innovative solution bundle is tailored for small and medium enterprises in the healthcare, food and beverage, hospitality and manufacturing industries, and own point-of-sale, warehousing, finance and inventory systems," Ng said, adding the product bundle would be distributed by Innovix and is now commercially available to end-users.
ProphetStor Data Services Inc, headquartered in Milpitas, California, was founded in 2012 by storage experts with extensive experience in cloud computing platforms, software-based networked storage, data services, business continuity and disaster recovery. Innovix Distribution, meanwhile, is a member of Fortune Global 500-listed Jardine Matheson Group and is one of Asia''s leading technology distributors in the past 60 years. -- BERNAMA
ASTANA INTERNATIONAL FINANCIAL CENTRE JSC AND NASDAQ SIGN TECHNOLOGY DEAL FOR NEW AIFC EXCHANGE
The AIFC Exchange will run on Nasdaq Financial Framework trading technology
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of DTRIC Insurance Company, Limited (DTRIC), and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI.
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
Saturday, May 27, 2017
Eastspring Launches Islamic Small-Cap Fund
KUALA LUMPUR, May 25 -- Eastspring Investments Bhd has introduced its Islamic small capital (small-cap) fund, which will concentrate on shariah-compliant domestic stocks with potential returns of medium to long term.
Eastspring Chief Executive Officer Raymond Tang Chee Kin said to date, shariah funds under management in the local market recorded an eight per cent growth at RM96.7 billion and the FTSE Bursa Malaysia small-cap shariah index return was recorded at 73.83 per cent compared with the 39.56 per cent return on the FTSE Bursa Malaysia KLCI.
"Even though the returns of shariah index is slightly lower than the conventional stocks returns at 82.16 per cent, we can see the gains from shariah counters improving, " he told reporters after launching the Islamic Small-Cap Fund here today.
Tang said a minimum of 70 per cent of the Net Asset Value (NAV) would go to shariah-compliant equities and equity-related securities and a minimum of one per cent of asset allocation would be channeled to Islamic deposits or Islamic liquid assets.
"The small-cap segment is underresearched and underservingly traded beyond its intrinsic value, so Eastspring will use this opportunity to unearth these small-cap companies and exploit the pricing inefficiencies, " he added.
The initial issue price for the fund is 50 sen per unit for 21 days initial offer period beginning today. The minimum initial investment is RM1,000 and the minimum additional investment is RM100.
As at March this year, the funds managed by the company stood at RM40 billion.
-- BERNAMA
Eastspring Chief Executive Officer Raymond Tang Chee Kin said to date, shariah funds under management in the local market recorded an eight per cent growth at RM96.7 billion and the FTSE Bursa Malaysia small-cap shariah index return was recorded at 73.83 per cent compared with the 39.56 per cent return on the FTSE Bursa Malaysia KLCI.
"Even though the returns of shariah index is slightly lower than the conventional stocks returns at 82.16 per cent, we can see the gains from shariah counters improving, " he told reporters after launching the Islamic Small-Cap Fund here today.
Tang said a minimum of 70 per cent of the Net Asset Value (NAV) would go to shariah-compliant equities and equity-related securities and a minimum of one per cent of asset allocation would be channeled to Islamic deposits or Islamic liquid assets.
"The small-cap segment is underresearched and underservingly traded beyond its intrinsic value, so Eastspring will use this opportunity to unearth these small-cap companies and exploit the pricing inefficiencies, " he added.
The initial issue price for the fund is 50 sen per unit for 21 days initial offer period beginning today. The minimum initial investment is RM1,000 and the minimum additional investment is RM100.
As at March this year, the funds managed by the company stood at RM40 billion.
-- BERNAMA
TIME INC. AND DESIGNSINGAPORE COUNCIL ANNOUNCE LEADERSHIP AND GLOBAL ADVISORY COUNCIL FOR BRAINSTORM DESIGN, SINGAPORE, MARCH 6-8, 2018
NEW YORK & SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE: TIME) and DesignSingapore Council (Dsg) announce the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018. The conference is scheduled to occur during Singapore Design Week on March 6-8, 2018. The event will bring together global thought leaders in design and business to share insights and strategies for design innovation. Brainstorm Design is supported by the Singapore Economic Development Board (EDB).
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
Friday, May 26, 2017
HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER
TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
A.M. BEST AFFIRMS CREDIT RATINGS OF KIWI INSURANCE LIMITED
SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kiwi Insurance Limited (Kiwi) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Kiwi’s strong risk-adjusted capitalization, favorable operating performance and conservative investment portfolio. As an affiliated company of New Zealand Post Limited (NZPL) and Kiwibank, Kiwi is able to benefit from cross-selling opportunities, low acquisition costs and shared resources within the group.
Offsetting rating factors are Kiwi’s relatively small in-force portfolio and low penetration rate among the bank’s customer base. Despite its overall sound profitability, underwriting results historically have been subdued and tracked behind its local bancassurance peers. This is due to significant expenses and capital expenditures being incurred ahead of realized sales. Nonetheless, due to favorable growth in premium revenue over the past five years, A.M. Best expects the operation to begin reflecting economies of scale.
The company has a short history of operating as a self-sufficient insurer. It transitioned from an outsourced model to an in-house manufacturing model in 2011 and its scale of operations has remained small. Future success of the operation will depend on how well it can leverage its affiliates’ distribution platforms and customer bases to generate more business volume.
Positive rating actions are unlikely in the near term. Negative rating actions could occur if there is a material decline in the company’s risk-adjusted capitalization or significant deterioration in its operating performance. Negative rating pressure also could occur if there is any adverse development in the financial strength of NZPL and its sister company, Kiwibank.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
The ratings reflect Kiwi’s strong risk-adjusted capitalization, favorable operating performance and conservative investment portfolio. As an affiliated company of New Zealand Post Limited (NZPL) and Kiwibank, Kiwi is able to benefit from cross-selling opportunities, low acquisition costs and shared resources within the group.
Offsetting rating factors are Kiwi’s relatively small in-force portfolio and low penetration rate among the bank’s customer base. Despite its overall sound profitability, underwriting results historically have been subdued and tracked behind its local bancassurance peers. This is due to significant expenses and capital expenditures being incurred ahead of realized sales. Nonetheless, due to favorable growth in premium revenue over the past five years, A.M. Best expects the operation to begin reflecting economies of scale.
The company has a short history of operating as a self-sufficient insurer. It transitioned from an outsourced model to an in-house manufacturing model in 2011 and its scale of operations has remained small. Future success of the operation will depend on how well it can leverage its affiliates’ distribution platforms and customer bases to generate more business volume.
Positive rating actions are unlikely in the near term. Negative rating actions could occur if there is a material decline in the company’s risk-adjusted capitalization or significant deterioration in its operating performance. Negative rating pressure also could occur if there is any adverse development in the financial strength of NZPL and its sister company, Kiwibank.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Larina Huang, +65 6589 8400, ext. 218
Associate Financial Analyst
larina.huang@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jason Shum, +65 6589 8400, ext. 217
Senior Financial Analyst
jason.shum@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Larina Huang, +65 6589 8400, ext. 218
Associate Financial Analyst
larina.huang@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jason Shum, +65 6589 8400, ext. 217
Senior Financial Analyst
jason.shum@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
SHEFFIELD, England, May 26 (Bernama-BUSINESS WIRE) -- Global surveillance solutions expert Synectics
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
Source: Synectics
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
TOSHIBA LAUNCHES HIGH VOLTAGE INTELLIGENT POWER DEVICE WITH 600V AND 5A RATING
TOKYO, May 25 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of “TPD4207F,” the latest addition to its line-up of high voltage intelligent power devices (IPDs) in small-size packages for use in fan motors, including those of air conditioners, air cleaners and pumps. The new IPD is housed in a small “SOP30” surface mount package, and achieves an increased current rating of 5A and high voltage of 600V. Mass production shipments start today.
Utilizing Toshiba’s latest MOSFET technology for reducing power loss, the 600V Super Junction MOSFET “DTMOSIV series,” the new IPD achieves a 5A rating. This is sufficient to drive the compressor motor of a refrigerator, which current IPDs cannot do, and will expand the range of application.
Features
Achieves 600V and 5A rating in a compact surface-mount device package.
Applications
Refrigerator compressor motors, etc.
Follow the link below for more on the new product.
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TPD4207F®ion=apc&lang=en
Follow the link below for more on Toshiba IPDs.
https://toshiba.semicon-storage.com/ap-en/product/linear/ipd.html
Customer Inquiries:
Power Device Sales & Marketing Department
Tel: +81-3-3457-3933
https://toshiba.semicon-storage.com/ap-en/contact.html
Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Features
Achieves 600V and 5A rating in a compact surface-mount device package.
Applications
Refrigerator compressor motors, etc.
Follow the link below for more on the new product.
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TPD4207F®ion=apc&lang=en
Follow the link below for more on Toshiba IPDs.
https://toshiba.semicon-storage.com/ap-en/product/linear/ipd.html
Customer Inquiries:
Power Device Sales & Marketing Department
Tel: +81-3-3457-3933
https://toshiba.semicon-storage.com/ap-en/contact.html
Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
TAIWAN'S IAPS COLLABORATES WITH TECHNOLOGY PARK MALAYSIA ON CO-INCUBATION PROGRAMMES
KUALA LUMPUR, May 25 (Bernama) -- The Center of Industry Accelerator and Patent Strategy (IAPS) of the National ChiaoTung University, Taiwan, and Technology Park Malaysia Corporation Sdn Bhd (TPM) have today agreed to collaborate in their co-incubation and soft landing programmes towards internationalizing incubation services.
The collaborative effort is set to spur greater cooperation in mutually creating win-win smart partnerships between Taiwanese and Malaysian startups and enterprises. It would also provide both parties to jointly develop strategic co-incubation programmes and provide their incubatees the opportunity to explore new business and investments opportunities in the global arena.
http://mrem.bernama.com/viewsm.php?idm=29223
The collaborative effort is set to spur greater cooperation in mutually creating win-win smart partnerships between Taiwanese and Malaysian startups and enterprises. It would also provide both parties to jointly develop strategic co-incubation programmes and provide their incubatees the opportunity to explore new business and investments opportunities in the global arena.
http://mrem.bernama.com/viewsm.php?idm=29223
MQA AND UK NARIC STRENGTHENS ITS COLLABORATION IN HIGHER EDUCATION
LONDON, May 25 (Bernama) -- The Malaysian Qualifications Agency (MQA) continues to strengthen its good relationship with the National Recognition Information Centre for the United Kingdom (UK NARIC) with the signing of the Memorandum of Cooperation (MoC) between both agencies. The MoC was signed today by the Chief Executive Officer (CEO) of MQA, Dato' Prof. Dr. Rujhan Mustafa and the Head of Stakeholder Management Group of UK NARIC, Mr Tim Buttress, representing Dr. Cloud Bai-yun, the CEO of UK NARIC. The signing, which took place at the Malaysian High Commission, London was witnessed by the Secretary General of the Ministry of Higher Education, Malaysia, HE Tan Sri Dr. Noorul Ainur Mohd. Nur.
AXA HEARTS IN ACTION RUN 2017 AIMS FOR 8,000 RUNNERS!
 |
Green – for those who support
environmental protection
Orange – for those who support the
protection of wildlife
Yellow – for those who support
healthy lifestyles and the fight against diseases
Pink – for those who support
gender equality and women’s empowerment
Blue – for those who support
provide child education and the fight against child
poverty
|
http://mrem.bernama.com/viewsm.php?idm=29202
Thursday, May 25, 2017
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
TOKYO, May 25 (Bernama-BUSINESS WIRE) --
SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo;
President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has
today announced that HULFT now holds the second-largest worldwide sales
share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a
report of the survey on the managed file transfer (MFT) (*2) market
published by Gartner Inc. Sold and supplied by SAISON INFORMATION
SYSTEMS, HULFT already holds the largest market share in the domestic
market (*3) and in the Asian market (*4).
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo;
President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has
today announced that HULFT now holds the second-largest worldwide sales
share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a
report of the survey on the managed file transfer (MFT) (*2) market
published by Gartner Inc. Sold and supplied by SAISON INFORMATION
SYSTEMS, HULFT already holds the largest market share in the domestic
market (*3) and in the Asian market (*4).
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
IWK RECEIVES GOOD GOVERNANCE AWARD
KUALA LUMPUR, May 24 (Bernama) -- Indah Water Konsortium Sdn Bhd (IWK) received the Good Corporate Governance Award from Malaysia Canada Business Council (MCBC) as a testament to IWK's unwavering commitment in upholding corporate governance best practices to maintain integrity, highly transparent and ethical management of the sewerage services business.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
Wednesday, May 24, 2017
LANTRONIX ANNOUNCES AVAILABILITY OF BETA RELEASE OF MULTI-DIMENSIONAL IOT APPLICATION DEVELOPMENT AND DEPLOYMENT PLATFORM
MACH10™ Dramatically Simplifies the Process for OEMs to Deliver Web-Scale IoT Applications
IRVINE, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ:LTRX), a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today announced availability of the beta release of MACH10™, a multi-dimensional IoT application development and deployment platform that dramatically simplifies the process for OEMs to deliver web-scale IoT applications.
“Following a successful preview and demonstration of MACH10 to early access customers during the March quarter, we’re pleased to announce the availability of the MACH10 beta,” said Jeff Benck, president and CEO of Lantronix. “This beta release marks another important milestone as we move towards general availability of MACH10 later this calendar year and accomplishing Lantronix’s mission to deliver easy-to-deploy solutions that enable companies to leverage the benefits of the Internet of Things.”
Utilizing APIs built on industry standard protocols, MACH10 allows OEMs to significantly reduce the amount of time spent in developing IoT applications through extensible ready-to-use management applications that can be deployed immediately and a suite of essential microservices that allow OEMs to jumpstart their IoT application development while preserving their existing IoT software investments.
Interested OEMs can find more information on MACH10, request a demo or apply for access to the beta release by going to www.lantronix.com/mach10 or contacting a Lantronix sales office.
About Lantronix
Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets. Our mission is to be the leading supplier of IoT gateways that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people.
With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the Internet of Things. Our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government.
Lantronix is headquartered in Irvine, California. For more information, visit www.lantronix.com.
Learn more at the Lantronix blog, www.lantronix.com/blog, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit www.twitter.com/Lantronix. View our video library on YouTube at www.youtube.com/user/LantronixInc or connect with us on LinkedIn at www.linkedin.com/company/lantronix.
SOURCE : Lantronix Inc.
Media and Investors:
E.E. Wang
Director, Corporate Marketing and Investor Relations
investors@lantronix.com
ee.wang@lantronix.com
949-614-5879
Sales:
Americas: 800-422-7055
Europe, Middle East and Africa: +31
(0)76 52 36 744 Asia Pacific: + 852 3428-2338
Japan: +81 3-3273-8850
India: +91 994-551-2488
--BERNAMA
IRVINE, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ:LTRX), a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today announced availability of the beta release of MACH10™, a multi-dimensional IoT application development and deployment platform that dramatically simplifies the process for OEMs to deliver web-scale IoT applications.
“Following a successful preview and demonstration of MACH10 to early access customers during the March quarter, we’re pleased to announce the availability of the MACH10 beta,” said Jeff Benck, president and CEO of Lantronix. “This beta release marks another important milestone as we move towards general availability of MACH10 later this calendar year and accomplishing Lantronix’s mission to deliver easy-to-deploy solutions that enable companies to leverage the benefits of the Internet of Things.”
Utilizing APIs built on industry standard protocols, MACH10 allows OEMs to significantly reduce the amount of time spent in developing IoT applications through extensible ready-to-use management applications that can be deployed immediately and a suite of essential microservices that allow OEMs to jumpstart their IoT application development while preserving their existing IoT software investments.
Interested OEMs can find more information on MACH10, request a demo or apply for access to the beta release by going to www.lantronix.com/mach10 or contacting a Lantronix sales office.
About Lantronix
Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets. Our mission is to be the leading supplier of IoT gateways that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people.
With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the Internet of Things. Our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government.
Lantronix is headquartered in Irvine, California. For more information, visit www.lantronix.com.
Learn more at the Lantronix blog, www.lantronix.com/blog, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit www.twitter.com/Lantronix. View our video library on YouTube at www.youtube.com/user/LantronixInc or connect with us on LinkedIn at www.linkedin.com/company/lantronix.
SOURCE : Lantronix Inc.
Media and Investors:
E.E. Wang
Director, Corporate Marketing and Investor Relations
investors@lantronix.com
ee.wang@lantronix.com
949-614-5879
Sales:
Americas: 800-422-7055
Europe, Middle East and Africa: +31
(0)76 52 36 744 Asia Pacific: + 852 3428-2338
Japan: +81 3-3273-8850
India: +91 994-551-2488
--BERNAMA
RAPID7 LAUNCHES NEW CHANNEL PARTNER PROGRAM
- Newly expanded sales leadership team strengthens global channel partner program
- Rapid7 has selected strategic partners to deliver expanded solutions and services leveraging the Rapid7 Insight platform
BOSTON, May 24 (Bernama-GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of analytics solutions for security and IT operations, today announced its next generation partner program: Rapid7 PACT, Partnering with Accountability, Consistency, and Transparency. Built to inspire Rapid7 partners to grow with the Company, the new program was created to enhance Rapid7’s expanding portfolio of products and services, while better defining parameters for ongoing mutual success.
“We believe our partners are a key element to our next phase of growth. The introduction of PACT is designed to strengthen relationships with partners who are prepared to meet customer needs in a changing IT and security landscape,” said Andrew Burton, COO of Rapid7. “We are incredibly excited to demonstrate a renewed commitment to our channel community through dedicated support programs, an industry-leading platform, and differentiated benefits.”
Rapid7 PACT puts an increased focus on enabling partners to deliver the Company’s expanded solutions and professional services at scale, with virtual training and certification programs, interactive reporting and analytics, and readily available success metrics. Setting it apart from more traditional channel programs, Rapid7 will equip its channel partners to directly perform professional, deployment, and training services, helping to drive immediate value. The new program structure also provides partners with a significant opportunity for growth by rewarding increased levels of partnership and investment.
“Our clients face new cyber security threats and operational IT challenges every day. At Vandis, we're focused on arming our clients with industry-leading solutions that give them the answers they need to act fast when an incident does occur — regardless of what new situations they encounter," said Andy Segal, CEO, Vandis, Inc. “Rapid7's analytics-driven, platform approach gives our clients live visibility into what's happening across their IT environments, from their endpoints to the cloud. That type of confidence is invaluable. We are thrilled to deepen our partnership with Rapid7 and applaud their expanded commitment to channel partners."
Rapid7 works with resellers and distributors to meet the needs of its customers in more than 100 countries around the globe. For regions outside the US where Rapid7 engages with local distributors, dedicated Rapid7 PACT guidelines will be established and rolled out over the course of H2 2017.
The Power of Insight: The Rapid7 Platform
The Rapid7 Insight platform makes it possible for security and IT professionals to share data, research findings, and analytic-processing resources, significantly reducing the overall total cost of ownership inherent with on-premise, analytics-driven solutions. Processing more than 50 billion events and monitoring millions of assets daily, the Insight platform is the first to unify solutions for vulnerability management, user behavior analytics (UBA), SIEM, IT log analytics, and application security.
“Today’s security and IT professionals need live analytics and comprehensive visibility into their environments in order to understand and manage risk, detect threats, and monitor operations productivity,” said Corey Thomas, president and CEO of Rapid7. “We’re focused on building partner relationships that understand these needs, are committed to our vision, and are dedicated to helping security and IT teams keep up with today’s shifting threat landscape.”
The cloud-based platform also automatically scales to meet the needs of users, helping to solve challenges presented by rapid data growth for both security and IT. This unified approach to data and resource sharing is core to the philosophy behind Rapid7’s mission to help security and IT professionals manage their environments through simplified solutions.
For more information or to see a list of existing Rapid7 partners, please visit: https://www.rapid7.com/partners/sales-partners
About Rapid7
Rapid7 (NASDAQ:RPD) is trusted by IT and security professionals around the world to manage risk, simplify modern IT complexity, and drive innovation. Rapid7 analytics transform today’s vast amounts of security and IT data into the answers needed to securely develop and operate sophisticated IT networks and applications. Rapid7 research, technology, and services drive vulnerability management, penetration testing, application security, incident detection and response, and log management for more than 6,300 organizations across more than 120 countries, including 39% of the Fortune 1000. To learn more about Rapid7 or join our threat research, visit www.rapid7.com
Press contact:
Rachel E. Adam
Rapid7, Senior PR Manager
press@rapid7.com
(857) 990-4136
Investors:
Jeff Bray, CFA
Rapid7, Vice President, Investor Relations
investors@rapid7.com
(857) 990-4074
SOURCE : Rapid7
EEC INTRODUCES THE 6900S AC POWER SOURCE SERIES:
A Simple Power Source, Valuable in Performance
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
Tuesday, May 23, 2017
HERBALIFE NUTRITION INSPIRES SOUTHEAST ASIA MEMBER COMMUNITY TO BE CHANGE AGENTS FOR HEALTHY ACTIVE LIVING IN THE REGION
| BANGKOK, May 22 (Bernama-BUSINESS WIRE) -- Herbalife, a global nutrition company, has concluded its annual Asia Pacific Extravaganza 2017, held from May 19 to 21 in Bangkok, Thailand, to a rousing reception. As a training event organized for Herbalife members in Southeast Asia, this year’s event saw Herbalife Nutrition rally the 10,000 strong crowd to be an active agent of change by inspiring positive nutrition habits and active lifestyles within their local communities. Based on statistics from the World Health Organization (WHO), the percentage of people who are overweight and obese in Southeast Asia rose from 19.8% in 2010 to 22% in 2014, with Malaysia and Indonesia charting higher rates of overweight and obesity compared to other countries in the region. This underscores the growing importance of teaching positive nutrition and active living habits among people in the region, in order to empower them with sustainable ways to manage their weight effectively. “With rising obesity rates, Herbalife Nutrition sees an urgent need to address the issue in a sustainable manner,” said Stephen Conchie, Senior Vice President and Managing Director, Herbalife Asia Pacific. “Through the years, we have been championing the cause of healthy, active living, and changing people’s lives by providing the best nutrition and weight-management products in the world. We look forward to helping educate the masses on living healthy, active lifestyles.” A key highlight of the event was the keynote speech delivered by Herbalife Nutrition Chief Operating Officer and incoming Chief Executive Officer (effective June 2017), Rich Goudis. He outlined each member’s role in inspiring positive nutrition habits within their respective spheres of influence, and shared practical skills on being agents of change within their local communities, given megatrends including obesity, aging, rising health care cost and millennial entrepreneurs. Separately, Dr. Luigi Gratton, Vice President of Nutrition Education and Development at Herbalife Nutrition and Chairman of the Herbalife Nutrition Advisory Board, also helmed a workshop on the science and research behind the Company’s nutrition philosophy. Other highlights of the event include a speech by Stephen Conchie, who gave an address on the role of Herbalife in championing the cause of healthy active living in the region. About Herbalife Herbalife is a global nutrition company that has been changing people's lives with great products since 1980. Our nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Herbalife Independent Members in more than 90 countries. We are committed to fighting the worldwide problems of poor nutrition and obesity by offering high-quality products, one-on-one coaching with an Herbalife Member and a community that inspires customers to live a healthy, active life. We support the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. We also sponsor more than 190 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy and champions in many other sports. The company has over 8,000 employees worldwide, and its shares are traded on the New York Stock Exchange (NYSE: HLF) with net sales of approximately US$4.5 billion in 2016. The Herbalife website contains a significant amount of financial and other information about the company at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted. To learn more, visit Herbalife.com or IAmHerbalife.com. |
NABUFIT SIGNS STRATEGIC MARKETING PARTNERSHIP WITH SINA SPORTS IN CHINA
NEW YORK, May 23 (Bernama-GLOBE NEWSWIRE) -- NABUFIT Global Inc. (OTCQB:NBFT), developer of a ground breaking new training portal that enhances individual workouts by providing expert advice from professional trainers, health experts and international sports stars, today announced the signing of a marketing agreement with SINA Sports, a division of SINA Corp (Nasdaq:SINA). NABUFIT will be utilizing SINA’s services for the promotion of its NABUFIT App in China including Chinese social media management via the SINA platform and Weibo. SINA has more than 300 million visitors to their platform each month.
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
RIA MONEY TRANSFER ANNOUNCES NEW STRATEGIC PARTNERSHIPS AND EXPANDS ITS NETWORK IN INDIA TO SERVE WORLD'S LARGEST DIASPORA GROUP
BUENA PARK, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Ria Money Transfer (“Ria”) the third largest money transfer company in the world and subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) has signed direct partnership agreements with three of India’s leading cash remittance payout agents, Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited.
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
BARINGS LAUNCHES GLOBAL BRAND ADVERTISING CAMPAIGN
CHARLOTTE, N.C., May 23 (Bernama-GLOBE NEWSWIRE) -- Barings, one of the world’s leading asset management firms, today launched a global brand advertising campaign articulating its commitment to meeting the ever-changing needs and aspirations of its clients by providing a broad set of innovative, customized investment solutions across asset classes and geographies.
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
Monday, May 22, 2017
TOSHIBA'S LOW POWER CONSUMPTION PHOTOCOUPLER ACHIEVES HIGH SPEED COMMUNICATION IN AUTOMOTIVE APPLICATIONS
- Realizes advantages of low power consumption, low threshold input current and low supply current
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
GREE: "MADE IN CHINA" FAVORED ALONG THE "BELT AND ROAD"
GUANGZHOU, China, May 19, 2017 /Xinhua-AsiaNet/--
At the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent research and development. Key technologies such as the man-machine dialog, intelligent control, are very impressive. "The quality of the Gree products and its constantly innovating core technologies increased my faith in 'Made in China' products," said Mr. Rizwan Bartz, from Pakistan.
Built in 1991, "Gree," a small factory, has withstood the test of time and market, and gradually developed into a listed company with great international presence. Integrating functions such as research and development, production, sales and services, the annual revenue of this home appliance giant has now exceeded 100 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=29162
At the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent research and development. Key technologies such as the man-machine dialog, intelligent control, are very impressive. "The quality of the Gree products and its constantly innovating core technologies increased my faith in 'Made in China' products," said Mr. Rizwan Bartz, from Pakistan.
Built in 1991, "Gree," a small factory, has withstood the test of time and market, and gradually developed into a listed company with great international presence. Integrating functions such as research and development, production, sales and services, the annual revenue of this home appliance giant has now exceeded 100 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=29162
EARLY ADOPTERS SUCCESSFULLY REPORT UNDER THE COMMON REPORTING STANDARDS (CRS) WITH BEARINGPOINT'S FITAX
As early adopters, Asian-based institutions can benefit from the tax reporting solution
AMSTERDAM & ZURICH, May 19 (Bernama-BUSINESS WIRE) -- Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), announced today that the first institutions in early adopter countries successfully submitted their initial reporting under the Common Reporting Standard (CRS) with BearingPoint’s tax reporting solution FiTAX.
The Common Reporting Standard was developed by the Organization for Economic Co-operation and Development (OECD) to maximize efficiency and fight tax avoidance. Over 100 countries worldwide have agreed to fulfill these reporting requirements by September 2018. The initial reporting for the first 53 countries, the early adopters, began in the first quarter of 2017. BearingPoint’s FiTAX-CRS module is dedicated to the Automatic Exchange of Information (AEoI) and reporting under CRS. It enables financial institutions around the globe to comply with these new reporting requirements.
Given the complexity of the CRS reporting regime, the FiTAX-CRS module had already been delivered to clients in Q3/Q4 2016 in anticipation that incorrect or late report submissions could result in penalties. By receiving this module well in advance of the filing deadline, FiTAX users had a longer time period to sufficiently work with new processes and use the new module to properly prepare their reports.
“We are very proud that the first reports have been successfully submitted and that our clients were able to meet their reporting requirements under CRS and the Automatic Exchange of Information. We are now seeing rising interest in tax reporting solutions from many large financial institutions in the Americas as well as in Asia. Our experiences and lessons learned from the early adopter countries are especially valuable for the Asian-based institutions because many of them are in the second wave countries with first reporting due in 2018. These clients will be benefitting from the operation of FiTAX in European markets,” says Ronald Frey, Partner at BearingPoint.
The Common Reporting Standard was developed by the Organization for Economic Co-operation and Development (OECD) to maximize efficiency and fight tax avoidance. Over 100 countries worldwide have agreed to fulfill these reporting requirements by September 2018. The initial reporting for the first 53 countries, the early adopters, began in the first quarter of 2017. BearingPoint’s FiTAX-CRS module is dedicated to the Automatic Exchange of Information (AEoI) and reporting under CRS. It enables financial institutions around the globe to comply with these new reporting requirements.
Given the complexity of the CRS reporting regime, the FiTAX-CRS module had already been delivered to clients in Q3/Q4 2016 in anticipation that incorrect or late report submissions could result in penalties. By receiving this module well in advance of the filing deadline, FiTAX users had a longer time period to sufficiently work with new processes and use the new module to properly prepare their reports.
“We are very proud that the first reports have been successfully submitted and that our clients were able to meet their reporting requirements under CRS and the Automatic Exchange of Information. We are now seeing rising interest in tax reporting solutions from many large financial institutions in the Americas as well as in Asia. Our experiences and lessons learned from the early adopter countries are especially valuable for the Asian-based institutions because many of them are in the second wave countries with first reporting due in 2018. These clients will be benefitting from the operation of FiTAX in European markets,” says Ronald Frey, Partner at BearingPoint.
Friday, May 19, 2017
EUROLOAN APPOINTS FORMER MORGAN STANLEY FINTECH LEADER JAMES HICKSON AS NEW GROUP CEO
Euroloan Group PLC, the leading European digital financial technology company, appoints James Hickson, former Wall St. Fintech leader, as Group CEO. The move is part of Euroloan's drive to grow the business and market share significantly across Europe.
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
PIKO TARO TO SERVE AS AMBASSADOR OF WAKUWAKU JAPAN!
TOKYO, May 19 (Bernama-BUSINESS WIRE) -- WAKUWAKU JAPAN CORPORATION (headquartered in Minato Ward, Tokyo, Masafumi Kawanishi, President and CEO) has named PIKO TARO, the Japanese singing sensation who skyrocketed to global fame with his single, PPAP, to serve as an ambassador of WAKUWAKU JAPAN. In the year ahead, PIKO TARO, together with WAKUWAKU JAPAN, will share the wonders of Japan worldwide, throughout various countries and regions.
Startling advances have continued for PIKO TARO, with the video for his PPAP hit song exceeding 110 million views (* see note). PPAP has become exceedingly popular for use in television programs, commercials, and events not only in Japan but throughout the world. With successful live performances in March of this year at both the famed Budokan concert hall in Tokyo as well as solo shows in Taiwan, PIKO TARO seems to be on an unstoppable trajectory. His immense popularity among young and old, men and women alike, has garnered him invitations to the US, France, Belgium, South Korea, Taiwan, Singapore, and Thailand. Fans go crazy wherever he performs.
http://mrem.bernama.com/viewsm.php?idm=29151
Startling advances have continued for PIKO TARO, with the video for his PPAP hit song exceeding 110 million views (* see note). PPAP has become exceedingly popular for use in television programs, commercials, and events not only in Japan but throughout the world. With successful live performances in March of this year at both the famed Budokan concert hall in Tokyo as well as solo shows in Taiwan, PIKO TARO seems to be on an unstoppable trajectory. His immense popularity among young and old, men and women alike, has garnered him invitations to the US, France, Belgium, South Korea, Taiwan, Singapore, and Thailand. Fans go crazy wherever he performs.
http://mrem.bernama.com/viewsm.php?idm=29151
Thursday, May 18, 2017
NATIONAL ENERGY SERVICES REUNITED CORP. COMPLETES $210,000,000 INITIAL PUBLIC OFFERING
NEW YORK and HOUSTON, May 18 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the closing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit, with the offering raising gross proceeds of $210,000,000. The units commenced trading on Friday, May 12, 2017, on The NASDAQ Capital Market ("Nasdaq") under the symbol "NESRU." Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols "NESR" and "NESRW", respectively. Certain lead investors, as defined in the final prospectus, who have agreed to hold their shares through the consummation of our initial business combination and not seek redemption in connection therewith, purchased an aggregate of $60,000,000 of units in the IPO.
http://mrem.bernama.com/viewsm.php?idm=29142
http://mrem.bernama.com/viewsm.php?idm=29142
MIA LAUNCHES VIDEO RECORDING AND ESSAY COMPETITIONS
KUALA LUMPUR, May 18 (Bernama) -- The Malaysian Institute of Accountants (MIA) marks its 50th Anniversary of its establishment on 30th September this year. In conjunction with the Golden Jubilee celebrations, the MIA is organising a video recording competition for tertiary students and essay competition for upper secondary students.
MIA Vice President Datuk Zaiton Mohd Hassan said the objectives of these competitions are to gauge the students’ interest in the field of accountancy as well as to provide an avenue to express their creativity in video recording and essay writing.
MIA Vice President Datuk Zaiton Mohd Hassan said the objectives of these competitions are to gauge the students’ interest in the field of accountancy as well as to provide an avenue to express their creativity in video recording and essay writing.
A.M. BEST MAINTAINS UNDER REVIEW WITH DEVELOPING IMPLICATIONS STATUS FOR CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED
HONG KONG, May 18 (Bernama-BUSINESS WIRE) -- A.M. Best has
maintained the under review with developing implications status for the
Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit
Rating of “bbb” of Macau Life Insurance Company Limited (MLIC) (Macau).
A.M. BEST MAINTAINS UNDER REVIEW WITH DEVELOPING IMPLICATIONS STATUS FOR CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED
maintained the under review with developing implications status for the
Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit
Rating of “bbb” of Macau Life Insurance Company Limited (MLIC) (Macau).
A.M. BEST MAINTAINS UNDER REVIEW WITH DEVELOPING IMPLICATIONS STATUS FOR CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED
JAPAN HOSTS "DIALOGUE FOR QUALITY INFRASTRUCTURE -- BUILDING ASIA'S FUTURE"
PHNOM PENH and TOKYO, May 17, 2017/Kyodo JBN/ --
To realize ASEAN's sustainable economic growth, Japan's high-quality infrastructure is vital and essential. Against that background, the Government of Japan on May 10 hosted "Dialogue for Quality Infrastructure -- Building Asia's Future" in Phnom Penh and appealed to ASEAN's stakeholders that Japan will be fully committed to support ASEAN partners, continuously playing its indispensable role in the region.
http://mrem.bernama.com/viewsm.php?idm=29130
To realize ASEAN's sustainable economic growth, Japan's high-quality infrastructure is vital and essential. Against that background, the Government of Japan on May 10 hosted "Dialogue for Quality Infrastructure -- Building Asia's Future" in Phnom Penh and appealed to ASEAN's stakeholders that Japan will be fully committed to support ASEAN partners, continuously playing its indispensable role in the region.
http://mrem.bernama.com/viewsm.php?idm=29130
Wednesday, May 17, 2017
TOSHIBA'S SO6L PACKAGE IC PHOTOCOUPLERS NOW HAVE OPTION FOR WIDE LEADFORM
- New products realize direct replacement from current SDIP6(F type) package products.
TOKYO, May 17 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's
(TOKYO:6502) Storage & Electronic Devices Solutions Company is
expanding its line-up of SO6L IC photocouplers with a new package type
SO6L(LF4), the wide leadform option. The wide leadform option is
available for three high-speed IC photocouplers and five IGBT/MOSFET
driver photocouplers. Mass production shipments start today.
(TOKYO:6502) Storage & Electronic Devices Solutions Company is
expanding its line-up of SO6L IC photocouplers with a new package type
SO6L(LF4), the wide leadform option. The wide leadform option is
available for three high-speed IC photocouplers and five IGBT/MOSFET
driver photocouplers. Mass production shipments start today.
TOSHIBA'S SO6L PACKAGE IC PHOTOCOUPLERS NOW HAVE OPTION FOR WIDE LEADFORM
HALAL INDUSTRY DEVELOPMENT CORPORATION (HDC) & SLN MEAT SUPPLIES PTY LTD COOPERATION FOR ASEAN HALAL MARKET
PHNOM PENH, May 17 (Bernama) -- Malaysia's
leadership role in developing the Halal industry marked another major
milestone today with the signing of a strategic collaboration agreement
between the Halal Industry Development Corporation (HDC) and SLN Meat
Supplies Pty Ltd, the biggest slaughterhouse in Cambodia to promote
cooperation in Halal meat supplies and investment into halal industry.
The Memorandum of Understanding (MoU) was signed by HDC’s by Chief Executive Officer YBhg. Dato’ Seri Jamil Bidin, and SLN Meat Supplies Pty Ltd was represented by its Chairman, Mr Hor Sim Leang. The MoU exchange ceremony was witnessed by YB. Dato’ Sri Mustapa Mohamed, the Minister of International Trade and Industry and HE Pan Sorasak, Minister of Commerce Cambodia. Also present was HDC’s Chairman, YBhg. Datuk Seri Hj Rizuan Abd Hamid.
YB. Dato’ Sri Mustapa Mohamed led the Malaysian delegation to the World Economic Forum (WEF) on ASEAN 2017 held from 10th – 12th May 2017 in Phnom Penh, Cambodia.
The MoU aims to promote cooperation in Halal industry initiatives in ASEAN region, especially in strategic partnership between HDC and SLN Meat Supplies Pty Ltd for Halal Trade, Investments and knowledge sharing activities between Malaysia and Cambodia. The joint effort is expected to benefit Malaysia from the sharing of expertise and knowledge on agriculture and halal beef practices by SLN Meat Supplies Pty Ltd.
HDC is also expected to assist SLN Meat Supplies Pty Ltd in adopting the Halal Malaysia standards supported by Department of Islamic Development Malaysia (JAKIM).
“The conversion of SLN Meat Supplies Pty Ltd into Halal in accordance with the Malaysian Halal Standards will provide option for Malaysia in sourcing for quality meat products for Malaysian market, on top of the current major sources from India and Australia.” said Dato’ Seri Jamil Bidin.
Malaysian companies are encouraged to be partners with SLN Meat Supplies Pty Ltd and other Cambodian companies to increase and expand investment in the ASEAN region.
In terms of economic development, Malaysia registered RM179.47 Million in Halal export to Cambodia in 2016. This is an increase of 18.3% from the year before. Malaysia Halal export includes food and beverage (RM151.41 Million); Pharmaceutical (RM 13.55 Million); Cosmetics and Personal Care (RM 8.50 Mil) and Ingredients (RM 6.02).
ABOUT HALAL INDUSTRY DEVELOPMENT CORPORATION SDN BHD (HDC)
Halal Means Business
The Halal Industry Development Corporation (HDC) was established on 18 September 2006 to coordinate the overall development of the Halal industry in Malaysia. HDC is an agency under the Ministry of International Trade and Industry (MITI).
HDC is Malaysia's holistic response to the worldwide demand for better quality products and services as consumers gain confidence in the Halal process. Its key thrusts are to promote Halal standards; facilitate capacity- building for halal products and services; promote growth and participation of Malaysian companies in the trillion dollar global halal market. Today, there is an estimated population of 1.8 billion Muslims worldwide. The global halal market is currently estimated at USD2.3 trillion covering both food and non-food sectors.
In its effort to serve as an international hub for the halal industry, HDC provides manufacturers, distributors, retailers, entrepreneurs, researchers and investors with comprehensive assistance to penetrate and serve a growing global halal market through the adoption of the Malaysian experience and expertise in food and non-food sectors. For more information, please visit HDC at - www.hdcglobal.com.
NEWS RELEASE prepared and issued by Halal Industry Development Corporation (HDC)
The Memorandum of Understanding (MoU) was signed by HDC’s by Chief Executive Officer YBhg. Dato’ Seri Jamil Bidin, and SLN Meat Supplies Pty Ltd was represented by its Chairman, Mr Hor Sim Leang. The MoU exchange ceremony was witnessed by YB. Dato’ Sri Mustapa Mohamed, the Minister of International Trade and Industry and HE Pan Sorasak, Minister of Commerce Cambodia. Also present was HDC’s Chairman, YBhg. Datuk Seri Hj Rizuan Abd Hamid.
YB. Dato’ Sri Mustapa Mohamed led the Malaysian delegation to the World Economic Forum (WEF) on ASEAN 2017 held from 10th – 12th May 2017 in Phnom Penh, Cambodia.
The MoU aims to promote cooperation in Halal industry initiatives in ASEAN region, especially in strategic partnership between HDC and SLN Meat Supplies Pty Ltd for Halal Trade, Investments and knowledge sharing activities between Malaysia and Cambodia. The joint effort is expected to benefit Malaysia from the sharing of expertise and knowledge on agriculture and halal beef practices by SLN Meat Supplies Pty Ltd.
HDC is also expected to assist SLN Meat Supplies Pty Ltd in adopting the Halal Malaysia standards supported by Department of Islamic Development Malaysia (JAKIM).
“The conversion of SLN Meat Supplies Pty Ltd into Halal in accordance with the Malaysian Halal Standards will provide option for Malaysia in sourcing for quality meat products for Malaysian market, on top of the current major sources from India and Australia.” said Dato’ Seri Jamil Bidin.
Malaysian companies are encouraged to be partners with SLN Meat Supplies Pty Ltd and other Cambodian companies to increase and expand investment in the ASEAN region.
In terms of economic development, Malaysia registered RM179.47 Million in Halal export to Cambodia in 2016. This is an increase of 18.3% from the year before. Malaysia Halal export includes food and beverage (RM151.41 Million); Pharmaceutical (RM 13.55 Million); Cosmetics and Personal Care (RM 8.50 Mil) and Ingredients (RM 6.02).
ABOUT HALAL INDUSTRY DEVELOPMENT CORPORATION SDN BHD (HDC)
Halal Means Business
The Halal Industry Development Corporation (HDC) was established on 18 September 2006 to coordinate the overall development of the Halal industry in Malaysia. HDC is an agency under the Ministry of International Trade and Industry (MITI).
HDC is Malaysia's holistic response to the worldwide demand for better quality products and services as consumers gain confidence in the Halal process. Its key thrusts are to promote Halal standards; facilitate capacity- building for halal products and services; promote growth and participation of Malaysian companies in the trillion dollar global halal market. Today, there is an estimated population of 1.8 billion Muslims worldwide. The global halal market is currently estimated at USD2.3 trillion covering both food and non-food sectors.
In its effort to serve as an international hub for the halal industry, HDC provides manufacturers, distributors, retailers, entrepreneurs, researchers and investors with comprehensive assistance to penetrate and serve a growing global halal market through the adoption of the Malaysian experience and expertise in food and non-food sectors. For more information, please visit HDC at - www.hdcglobal.com.
NEWS RELEASE prepared and issued by Halal Industry Development Corporation (HDC)
TONY'S CHOCOLONELY EXPANDS INTERNATIONALLY WITH THE DESCARTES GLOBAL LOGISTIC NETWORK
AMERSFOORT, The Netherlands, May 17 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Tony’s Chocolonely, one of the Netherlands' leading chocolate brands, is using the Descartes Global Logistics Network™ (Descartes GLN) to support expansion into the United States of America by streamlining electronic communications and order-to-cash processes with retailers.
"To accelerate our mission of making the cacao industry 100% free of slave labour, we needed to grow our business in the USA given the significant demand for chocolate and the presence of key players in the chocolate industry in that market,” said Frans Pannekoek, ‘Bean to Bar tender’ and responsible for the Supply Chain at Tony’s Chocolonely. “Electronic communications standards are different in North American and Europe. As an existing Descartes customer, we were able to quickly augment our existing Descartes GLN deployment to implement the new protocols and message sets to effectively communicate with our international retail and distribution customers in the USA.”
http://mrem.bernama.com/viewsm.php?idm=29129
"To accelerate our mission of making the cacao industry 100% free of slave labour, we needed to grow our business in the USA given the significant demand for chocolate and the presence of key players in the chocolate industry in that market,” said Frans Pannekoek, ‘Bean to Bar tender’ and responsible for the Supply Chain at Tony’s Chocolonely. “Electronic communications standards are different in North American and Europe. As an existing Descartes customer, we were able to quickly augment our existing Descartes GLN deployment to implement the new protocols and message sets to effectively communicate with our international retail and distribution customers in the USA.”
http://mrem.bernama.com/viewsm.php?idm=29129
WEX SIGNS MULTI COUNTRY LONG-TERM FUEL CARD PROCESSING DEAL WITH CHEVRON
MELBOURNE, Australia, May 17 (Bernama-BUSINESS WIRE) -- WEX Card Australia Pty Ltd, a subsidiary of WEX Inc.
(NYSE: WEX), a leading provider of corporate payment solutions, today
announced that it has signed two significant agreements with Chevron
International Pte. Ltd.
(NYSE: WEX), a leading provider of corporate payment solutions, today
announced that it has signed two significant agreements with Chevron
International Pte. Ltd.
Chevron,
a leading global integrated energy company, has selected WEX to
develop, support and manage a fuel card processing platform for Chevron
in 5 countries namely, Singapore, Hong Kong, Malaysia, Thailand and the
Philippines. The second pillar of the deal includes an agreement to
process Chevron’s fuel cards over the next 10 years.
“These
agreements are testament to the capability of the WEX business in the
Asia Pacific region. Increasingly we are seeing that WEX is the fuel
card provider of choice for the major fuel companies in the region,”
said George Hogan, WEX International Senior Vice President. “This
agreement demonstrates that we are able to deliver complex projects and
leading solutions for our partners to allow them to concentrate on their
core function of getting fuel to their customers.”
While WEX has
already been growing its footprint in Asia, this new deal represents
its expansion into three additional countries in the region for the fuel
arm of the business specifically Malaysia, Thailand and the
Philippines.
About WEX Inc.
WEX Inc.
(NYSE: WEX) is a leading provider of corporate payment solutions. From
its roots in fleet card payments beginning in 1983, WEX has expanded the
scope of its business into a multi-channel provider of corporate
payment solutions representing more than 10 million vehicles and
offering exceptional payment security and control across a wide spectrum
of business sectors. WEX serves a global set of customers and partners
through its operations around the world, with offices in the United
States, Australia, New Zealand, Brazil, the United Kingdom, Italy,
France, Germany, Norway, and Singapore. WEX and its subsidiaries employ
more than 2,700 associates. The Company has been publicly traded since
2005, and is listed on the New York Stock Exchange under the ticker
symbol "WEX." For more information, visit www.wexinc.com and follow WEX on Twitter at @WEXIncNews.
For more information about WEX Australia, please visit www.wexaustralia.com.
About Chevron
Chevron
Corporation is one of the world's leading integrated energy companies.
Through its subsidiaries that conduct business worldwide, the company is
involved in virtually every facet of the energy industry. Chevron
explores for, produces and transports crude oil and natural gas;
refines, markets and distributes transportation fuels and lubricants;
manufactures and sells petrochemicals and additives; generates power;
and develops and deploys technologies that enhance business value in
every aspect of the company's operations. Chevron is based in San Ramon,
Calif. More information about Chevron is available at www.chevron.com.
a leading global integrated energy company, has selected WEX to
develop, support and manage a fuel card processing platform for Chevron
in 5 countries namely, Singapore, Hong Kong, Malaysia, Thailand and the
Philippines. The second pillar of the deal includes an agreement to
process Chevron’s fuel cards over the next 10 years.
“These
agreements are testament to the capability of the WEX business in the
Asia Pacific region. Increasingly we are seeing that WEX is the fuel
card provider of choice for the major fuel companies in the region,”
said George Hogan, WEX International Senior Vice President. “This
agreement demonstrates that we are able to deliver complex projects and
leading solutions for our partners to allow them to concentrate on their
core function of getting fuel to their customers.”
While WEX has
already been growing its footprint in Asia, this new deal represents
its expansion into three additional countries in the region for the fuel
arm of the business specifically Malaysia, Thailand and the
Philippines.
About WEX Inc.
WEX Inc.
(NYSE: WEX) is a leading provider of corporate payment solutions. From
its roots in fleet card payments beginning in 1983, WEX has expanded the
scope of its business into a multi-channel provider of corporate
payment solutions representing more than 10 million vehicles and
offering exceptional payment security and control across a wide spectrum
of business sectors. WEX serves a global set of customers and partners
through its operations around the world, with offices in the United
States, Australia, New Zealand, Brazil, the United Kingdom, Italy,
France, Germany, Norway, and Singapore. WEX and its subsidiaries employ
more than 2,700 associates. The Company has been publicly traded since
2005, and is listed on the New York Stock Exchange under the ticker
symbol "WEX." For more information, visit www.wexinc.com and follow WEX on Twitter at @WEXIncNews.
For more information about WEX Australia, please visit www.wexaustralia.com.
About Chevron
Chevron
Corporation is one of the world's leading integrated energy companies.
Through its subsidiaries that conduct business worldwide, the company is
involved in virtually every facet of the energy industry. Chevron
explores for, produces and transports crude oil and natural gas;
refines, markets and distributes transportation fuels and lubricants;
manufactures and sells petrochemicals and additives; generates power;
and develops and deploys technologies that enhance business value in
every aspect of the company's operations. Chevron is based in San Ramon,
Calif. More information about Chevron is available at www.chevron.com.
Contacts
WEX Inc.
News media contact:
Robert Gould, 207-523-7429
Robert.Gould@wexinc.com
or
WEX Asia Pacific
News media contact:
Susan Nicholson, +61 417 061 722
susan.nicholson@wexaustralia.com
News media contact:
Robert Gould, 207-523-7429
Robert.Gould@wexinc.com
or
WEX Asia Pacific
News media contact:
Susan Nicholson, +61 417 061 722
susan.nicholson@wexaustralia.com
Source: WEX Inc.
WEX SIGNS MULTI COUNTRY LONG-TERM FUEL CARD PROCESSING DEAL WITH CHEVRON
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