Tuesday, July 31, 2018

Global Dairy Platform adds China's Mengniu Diary CEO to board

KUALA LUMPUR, July 31 (Bernama) -- Global Dairy Platform Inc (GDP) has added Executive Director and Chief Executive Officer (CEO) of China Mengniu Dairy Co Ltd, Minfang (Jeffery) Lu to its board of directors.

GDP is a pre-competitive collaboration of dairy sector organizations, focused on encouraging the appropriate intake of nutrient-rich dairy foods and demonstrating the sector's role in sustainable agriculture, a statement said.

"The dairy sector has a critical role in providing solutions to global health and development challenges," said Lu.

He added: "I look forward to contributing towards the success of GDP's mission to align and support the dairy industry in promoting sustainable dairy nutrition."

Lu will serve on the board along with GDP Board Chair and CEO of Fonterra, Theo Spierings; CEO of Royal FrieslandCampina, Hein Schumacher; President and CEO of Dairy Farmers of America, Rick Smith and CEO of Arla Foods, Peder Tuborgh.

Lu was appointed as Executive Director and CEO of China Mengniu Dairy Co Ltd in 2016.

A member of GDP since 2013, the company was GDP's first member from China. Based in Inner Mongolia, it is one of the leading dairy product manufacturers in China.

More details on www.globaldairyplatform.com.

--BERNAMA

Reinsurers in Hong Kong to have privilege of lower credit risk charge

KUALA LUMPUR, July 31 (Bernama) -- Qualified reinsurers in Hong Kong will receive preferential treatment from China Regulator based on a recent agreement between China Banking and Insurance Regulatory Commission and the Insurance Authority of Hong Kong.

The privilege will allow the mainland insurance companies that cede business to qualified Hong Kong reinsurers to be subject to a lower reinsurance credit risk charge, according to a new briefing from A.M.Best -- a global rating agency and information provider focus on the insurance industry.

The agreement is expected to boost Hong Kong´s standing as a risk management hub in Asia providing reinsurance capacity and expertise as it able to attract new capital to Hong Kong for those interested in tapping into the Chinese reinsurance market.

It also encourages Mainland China insurers to give priority to high-quality Hong Kong reinsurers over other offshore reinsurers in placing reinsurance, a statement said.

Previously, Hong Kong reinsurers were grouped with other offshore reinsurers and assigned baseline risk charge factors for credit risk exposure that were much higher than those applicable to onshore reinsurers.

A.M. Best expects the agreement to enhance Hong Kong reinsurers´ competitiveness in China and promote Hong Kong as a risk management platform for Chinese cedents, particularly in support of the country´s Belt and Road Initiative. More information at www.ambest.com.

--BERNAMA

Monday, July 30, 2018

Skills Johor-PSDC MoU for Industry 4.0

KUALA LUMPUR, July 30 (Bernama) --Skills Johor has signed a memorandum of understanding (MoU) with Penang Skills Development Centre (PSDC) to collaborate on completing the Industry 4.0 value chain and to support the industry needs in Johor.

The upshot in the strategic tie-up is that Skills Johor will be able to receive a boost with the appointment of PSDC's top industry professionals who will be sharing their industry knowledge with the dedicated team of Skills Johor.

Under the collaboration plan, committees will be appointed to represent both sides to discuss and draft new industry-driven technical programmes, including vocational and soft skills programmes and to explore ways to bridge the skills gap that exists in the current market.

The MoU was signed on July 28 by Skills Johor executive director, Datuk Omar Shariff Mydeen and PSDC chief executive officer, Muhamed Ali Hajah Mydin, and witnessed by Penang Chief Minister, Chow Kon Yew.

Datuk Omar Shariff said: "PSDC is the leading TVET expert in Industry 4.0. The collaboration will see Skills Johor play a larger role in providing training related to Industry 4.0, which is changing how people live, work, play and communicate.

"Therefore, it is vital to prepare the current and future workforce in Johor and Malaysia in general, to be ready for this change."

Skills Johor is the first technical and vocational skills training hub in Malaysia. Its objective is to improve the employability and entrepreneurship of Malaysians through quality TVET, relevant to current and emerging market and industry needs. It serves as a platform to provide and develop a suitably skilled workforce for the nation.

--BERNAMA

China's Red Beach in Panjin has a national monument to attract more tourists

KUALA LUMPUR, July 30 (Bernama) -- A monument was unveiled recently to highlight 'China's northernmost coastline' at Red Beach National Scenic Corridor in Panjin, China -- the national 4A level scenic spot -- visited by more than two million tourists annually.

The Panjin Red Beach Wetland Resort Administrative Committee in a statement said the Red Beach is famous for 'China's most wonderful leisure corridor' and 'China's most romantic recreation coastline'.

As China has more than 32,000 kilometers of coastline, water in this area will freeze every winter which is commonly known as 'sealing-off the sea' and forming a magnificent ice row, a statement said.

The affiliated shoals of Red Beach are formed by a large amount of sediment deposited by the Liaohe River commonly known as 'great mud bank' and it is suitable for the growth of seepweed and reed.

There are more than 100 kinds of seepweeds over the world but the seepweed in the Red Beach is unique because it has two red opposite leaves, like the wings of a pair of birds.

October is always considered as the best viewing season for Panjin red beach and Panjin city has entered a new era of regional tourism because activities such as a beautiful countryside, characteristic ancient towns, hot springs and sightseeing are favored by tourists at home and abroad.

--BERNAMA

Saturday, July 28, 2018

MICPA HOLDS 60TH ANNIVERSARY DINNER




KUALA LUMPUR, July 23 (Bernama) -- The Malaysian Institute of Certified Public Accountants (MICPA) celebrated its 60th Anniversary on July 13, at MICPA 60th Annual Dinner, held at Hilton Kuala Lumpur hotel.

Established in 1958, MICPA have been instrumental in the improvement of capital markets, accounting education, talent development, and the provision of leadership in the business community.

A statement from MICPA today said the President of the International Federation of Accountants (IFAC), Rachel Grimes, flew in from Sydney (Australia) to officiate the event with an opening speech.

Present at the dinner were MICPA members – Chairman of Bursa Malaysia Bhd and MIDA Tan Sri Amirsham A. Aziz, Chairman of AmBank Group Tan Sri Azman Hashim, Chairman of CIMB Bank Bhd and Past President of MICPA Datuk Zainal Abidin Putih, Chairman of Maxis Bhd and Ekuinas Bhd Tan Sri Raja Arshad Raja Tun Uda, and Past President of MICPA and Chairman of the Audit Oversight Board and past Council Member of MICPA Datuk Gumuri Hussain among them.

Over 400 guests were present at the dinner, including regulators, members of academia, heads and members of fellow professional bodies, member firms, approved training employers, and graduates of the MICPA-CAANZ Programme.

-- BERNAMA    

Friday, July 27, 2018

Calgon Carbon Corp names Steve Schott as president and CEO


 
KUALA LUMPUR, July 25 (Bernama) -- Calgon Carbon Corporation -- headquartered in Pittsburgh, Pennsylvania, USA -- has named Steve Schott as president and chief executive officer (CEO) replacing Randy Dearth, effective August 3, 2018.

Schott joined the company in 2007 as executive director of Finance and promoted to vice-president and chief financial officer with responsibility for all corporate financial functions in 2010, a statement said.

He was promoted to executive vice-president, Advanced Materials, Manufacturing and Equipment in 2015 responsible for company´s European operations where Calgon Carbon is known as Chemviron.

Prior to joining the company, Schott spent eight years at DQE Inc -- a conglomerate whose primary business was electric energy. He held various positions including controller, vice-president of finance and chief financial officer.

Calgon Carbon is a wholly-owned subsidiary of Kuraray Co Ltd. It provides purification solutions for more than 700 distinct applications including drinking water, wastewater, pollution abatement and others. More information at https://www.calgoncarbon.com.

-- BERNAMA 

WeWork receives US$500 million investment for growth in China

KUALA LUMPUR, July 27 (Bernama) -- WeWork Companies (WeWork) received US$500 million or RM 2.04 billion Series B investment in WeWork China to accelerate company growth, serving more entrepreneurs, creators and enterprises across the region. (1US$ = RM 4.07).

The investment led by Trustbridge Partners, Temasek, the SoftBank Group, the SoftBank Vision Fund and Hony Capital will help the company to fuel its mission to support creators, small businesses and large companies companies across China, a statement said.

The company has built a team in China to support its members every day, serving as a bridge for local companies who want to reach the world as well as for global companies that want to enter the Chinese market.

WeWork is a trusted local partner to creators and businesses of all sizes, providing 20,000 members across nearly 40 locations in three cities.

It has also enabled more global businesses to have a presence in China and helped Chinese businesses within the country and around the world.

WeWork created WeWork China in July 2017. More information at https://www.wework.com.

--BERNAMA

Thursday, July 26, 2018

TOSHIBA LAUNCHES ADAPTER FOR UNIDIRECTIONAL OPTICAL MODULES FOR SHORT DISTANCE DATA TRANSMISSION

TOKYO, July 26 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “TOCA1300,” an adapter for unidirectional optical modules[1]. Mass production shipments start today.

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180726005296/en/

The new product is an adapter for unidirectional optical modules that connects a fiber optic transmitting module and a fiber optic receiving module to transmit data for a short distance. TOCA1300 can substitute for optical fiber where there is demand for a longer insulation distance than with a photocoupler and for a shorter transmission distance than with optical fiber cable. The adapter allows optical transmission when combined with Toshiba fiber couplers[2].

Notes:
[1] TOCA1300 is not certified to meet any safety standards. Customers may need to carry out evaluation and apply for certification to the appropriate authority.
[2] When combined with the TOTX1350(F) fiber optic transmitting module and either the TORX1350A(F) or TORX1355(F) fiber optic receiving module.

Applications

Industrial equipment (power storage systems, high voltage inverters, etc.)

Features
  • Secures a longer creepage distance than a photocoupler.
  • Use for transmission distances shorter than with optical fiber.
  • Can be used with the TOTX1350(F) fiber optic transmitting module and either the TORX1350A(F) or TORX1355(F) fiber optic receiving module.

Table


Note:
[3] When using TOTX1350(F), initial value.

Customer Inquiries:
Optoelectronic Device Sales & Marketing Dept.
Tel: +81-3-3457-3431
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 current on the date of the announcement but is subject to change without prior notice.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.

Our 19,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 700-billion yen (US$6 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/company.html

View source version on businesswire.com: https://www.businesswire.com/news/home/20180726005296/en/

Contact
Media Inquiries:
Toshiba Electronic Devices & Storage Corporation
Chiaki Nagasawa, +81-3-3457-4963
Digital Marketing Department
semicon-NR-mailbox@ml.toshiba.co.jp

Source : Toshiba Electronic Devices & Storage Corporation

Qtum platform now available on Amazon Web Services

KUALA LUMPUR, July 26 (Bernama) -- Qtum -- the first UTXO-based smart contract system -- announced its Dapp development platform is now available on Amazon Web Services (AWS), enable users to develop and deploy their own smart contracts.

Users are able to develop or deploy it from the ready-to-use Amazon Machine Image (AMI) featuring Qtum core and the Qmix Integrated Development Environment (IDE), a statement said.

The company focuses in offering easy-to-use yet robust solutions for users inside and outside the enterprise. The Qtum AMI image is completely free to use at no additional cost for AWS customers to deploy a Qtum instance.

A test network can be deployed directly on the instance, allowing developers to simulate a public blockchain whereby users are not required to purchase Qtum tokens.

The new Qtum AMI on AWS are also available for users who want to get started on the blockchain, run a Qtum node or simply launch a server with Qtum pre-installed, without the hassle of handling dependencies.

Blockchain industry leaders are looking to Qtum to solve complex issues of scalability and deliverability for their projects as Qtum's platform utilises solidity smart contracts through its integration of the Ethereum Virtual Machine. More information at www.qtum.org.

-- BERNAMA

Win US$500,000 Qtum tokens in its global virtual Hackathon

KUALA LUMPUR, July 26 (Bernama) -- Qtum Hackathon, a global virtual event is inviting developers to create the next wave of decentralized and open-source applications.

Hackathon participants have a chance to win Qtum tokens equaling US$500,000 (RM2.03 million) and a trip to Devcon 2018 in San Francisco. (1US$ = RM4.05)

"Together, we can use Qtum to change the face of digital content, entertainment, identification and more through the blockchain economy, " said co-founder of Qtum Foundation, Patrick Dai.

Qtum is a blockchain application platform. The event was announced by Singapore-based, Qtum Foundation.

The foundation in a statement said developers, designers and entrepreneurs are invited to build their teams of up to five participants. Demos are due on Sept 16.

It will also host a series of webinars on July 26, Aug 12 and Sept 2 -- allowing participants to engage with the Qtum team and blockchain experts to learn about new features.

Hackathon teams must complete a participation agreement to compete. Teams will retain full ownership of everything they build. Winning teams will be subject to a code review and winners will be subject to an identity check prior to the release of any cash prizes.

Each hackathon submission will be scored based on simplicity, creativity, impact, design and Qtum usage. For more information or to apply, visit https://hackathon.qtum.org/

Wednesday, July 25, 2018

​HRH THE CROWN PRINCE OF THE KINGDOM OF SAUDI ARABIA MOHAMMED BIN SALMAN NAMES RENOWNED TOURISM IMPRESARIO GERARD "JERRY" INZERILLO TO LEAD TRANSFORMATIVE HERITAGE TOURISM INITIATIVE

Inzerillo to Be First-Ever CEO of the Diriyah Gate Development Authority, Encompassing Museums, Universities, Major "Edutainment" Facilities as well as Resorts, Restaurants, Wellness Centers and Luxury Retail
 
RIYADH, Saudi Arabia, July 25 (Bernama-BUSINESS WIRE) -- His Royal Highness Mohammed Bin Salman Bin Abdulaziz Al Saud, Crown Prince of the Kingdom of Saudi Arabia and Chairman of the Diriyah Gate Development Authority (DGDA) has named Gerard “Jerry” Inzerillo CEO of the Authority, which will spearhead a transformative initiative to restore the historic birthplace of the Saudi state.
 
This press release features multimedia. View the full release here: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51841671&lang=en
 
Inzerillo, a highly accomplished tourism visionary, was selected to oversee the restoration of Diriyah and to develop a number of major new historical and tourism assets including museums, academic institutions and “edutainment” facilities, as well as resorts, restaurants, wellness facilities and high-end retail in a 7.1 million square meter development on the west side of Riyadh, Saudi Arabia’s booming capital city. The initiative is a key deliverable in the Crown Prince’s 2030 Vision to modernize the Saudi state, engage Saudi citizens, and welcome guests from all over the world.
 
“I am deeply honored to have the privilege to contribute to His Royal Highness’ Dynamic vision for the nation,” said Inzerillo. “This is truly an inspired time in this extraordinary country. I am particularly grateful to lead a world-class team in the development of this historic site, which will give the world its truest window into the soul and spirit of this land, its welcoming people and their rich history. Diriyah will be one of the great gatherings places in the world.”
 
Diriyah, a UNESCO registered site, holds a historical depth of more than 590 years. As the birthplace of the first, second, and current Kingdom of Saudi Arabia, it is the root of the Saudi nation.
 
Much of the original site, built in adobe brick in the traditional architecture of the greater Najd region, will be authentically restored with new tourism attractions and facilities.
 
The At-Turaif District in Diriyah has been designated by UNESCO as a “World Heritage Site.” His Royal Highness envisions Diriyah as a place where the past will be celebrated and the future awakened and where all who enter its gates will be inspired, engaged and entertained.
 
The DGDA Board of Directors is honored to have attracted such a creative, inspirational leader in Jerry Inzerillo to bring His Royal Highness’ vision into reality. Previously, Inzerillo was CEO of Forbes Travel Guide, the global standard for the verification of service excellence in hospitality. FTG, which operates in more than 100 countries, also awards annually the prestigious Five Star Award, considered the “Olympic Gold Medal of Hospitality”.

View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51841671&lang=en
 
Contact
Key Group Worldwide
Jaret Keller
Work: 212-988-7701
Mobile: 917-628-0480
Email: jkeller@keygroup.tv
 
Source : Diriyah Gate Development Authority (DGDA)
 
--BERNAMA

Saudi Crown Prince appoints First CEO of Diriyah Gate Development Authority

KUALA LUMPUR, July 25 (Bernama) -- The Crown Prince of Saudi Arabia, Mohammed Bin Salman has named Jerry Inzerillo as first chief executive officer (CEO) of Diriyah Gate Development Authority (DGDA).

The Crown Prince who is also chairman of DGDA appointed Inzerillo to restore Diriyah by developing a number of major new historical and tourism assets in a 7.1 million square meter development on the west side of Riyadh.

Inzerillo was the former CEO of Forbes Travel Guide -- a global standard for the verification of service excellence in hospitality which operates in more than 100 countries, a statement said.

The new historical and tourism assets includes museums, academic institutions and ‘edutainment´ facilities, resorts, restaurants, wellness facilities and high-end retail.

The initiative is the Crown Prince´s 2030 Vision to modernise the Saudi state, engage Saudi citizens and welcome guests from all over the world.

Diriyah -- a UNESCO registered site, holds a historical depth of more than 590 years -- is also the birthplace of the first, second and current Kingdom of Saudi Arabia as well as the root of the Saudi nation.

Much of the original site was built in adobe brick in the traditional architecture of the greater Najd region which will be authentically restored with new tourism attractions and facilities.

-- BERNAMA 

Tuesday, July 24, 2018

Toshiba Memory Corporation launches new SSDS series

KUALA LUMPUR, July 24 (Bernama) -- Toshiba Memory Corporation -- the world leader in memory solutions -- has launched the industry's first SSDs utilizing 96-layer, 3D flash memory with limited quantities of sample shipments to OEM customers beginning today.

Combining Toshiba Memory Corporation's fourth generation BiCS FLASH memory technology and SLC cache, the new XG6 series delivers industry-leading sequential write performance of up to 2960 MB/s in client SSDs, a statement said.

The new series also delivers performance of up to 3180 MB/s sequential read and 365,000 random write IOPS. It also superior to the previous generation XG5 series in efficiency.

The power consumption of the new series is maximum 4.7W in active mode and 3mW during stand-by in the lowest power mode which makes it suitable for power-sensitive mobile PCs.

The new SSDs will be available in three capacities including 256GB, 512GB and 1024GB. It is highly suited to a wide range of applications including ultra-mobile PCs that prioritise performance and server-boot storage in datacenter and enterprise environments.

Toshiba Memory Corporation will gradually increase shipments of the new series from the fourth quarter of 2018 and it will be exhibited at the Flash Memory Summit 2018 from August 7 to 9 in Santa Clara, California, USA.

-- BERNAMA

Friday, July 20, 2018

APO ADOPTS STRATEGIC FORESIGHT-BASED APPROACH TO MAKE MEMBER COUNTRIES FUTURE-READY

TOKYO, July 18 (Bernama-BUSINESS WIRE) -- To enable member economies to adopt digital technologies in the industry, agriculture, public, and service sectors for holistic socioeconomic development, the Asian Productivity Organization (APO) is incorporating a strategic foresight-based approach and practices to assist them in developing future-ready capabilities and national productivity frameworks.

At the first APO Sustainable Productivity Summit, Secretary-General Dr. Santhi Kanoktanaporn stated that accelerating economic and technological changes had generated multiple global challenges ranging from climate change to emerging crises in food, energy, water, financial markets, and the global economy. “At the same time, those changes have also brought development and prosperity to much of the world. Central to this story of change has been productivity, in the form of new ideas, technologies, and skills that drive growth. Productivity will remain the key engine of growth in the future.”

The Secretary-General reported that the APO had set up a Futures Team and started using artificial intelligence (AI) to  identify emerging global trends and driving forces to develop initiatives that promote not only traditional productivity but also sustainable productivity. “Corporate leaders and decision makers in government who adopt the business-as-usual approach risk being left behind. We cannot rely only on existing models and expect to remain relevant in the decades to come,” warned Dr. Santhi.

In his opening remarks, Deputy Director General Dr. Minoru Masujima of the International Cooperation Bureau, Ministry of Foreign Affairs of Japan, acknowledged that the rise of the Internet of Things, big data, robotics, and AI had resolved social issues by creating innovative businesses and services: “Such innovations contribute not only to efficiency and labor saving but potentially boost productivity through creating totally new added value in Society 5.0.”

Delivering the keynote address, Deloitte Center for Government Executive Director William D. Eggers stressed that good government mattered a great deal when it came to a nation’s productivity. “It can either deter it or help to accelerate it,” he said, adding that, “In an age of exponential technologies, governments need to close the growing gap between how the private sector is adopting these technologies and transforming work and how the public sector now operates.”

“Governments around the world are wrestling with how to regulate technologies like AI, drones, and autonomous vehicles in ways that protect the public but allow companies to innovate. How governments regulate these technologies will have a big impact on how the technologies progress,” he concluded.

The APO Sustainable Productivity Summit was followed by a two-day Strategic Planning Workshop where APO Directors and Heads of National Productivity Organizations reviewed specific requirements and drafted future development programs. 

Thursday, July 19, 2018

TELECOM ARGENTINA'S LANDING STATION AND BACKHAUL ARE SELECTED FOR ARBR SUBMARINE CABLE SYSTEM BETWEEN ARGENTINA & BRAZIL

ARBR + Seabras-1 to provide most direct route between Buenos Aires & New York


BUENOS AIRES, Argentina and BOSTON, July 19 (Bernama-GLOBE NEWSWIRE) -- Telecom Argentina S.A. ("Telecom Argentina") (BASE:TECO2) (NYSE:TEO), one of Argentina’s leading telecommunications companies, Grupo Werthein, a preeminent Argentine investment holding company with a track record of significant telecommunications holdings, and Seaborn Networks (“Seaborn”), a leading developer-owner-operator of submarine fiber optic cable systems, announced today that the ARBR submarine cable system between Argentina and Brazil ("ARBR") will be landing in Telecom Argentina’s cable landing station in Las Toninas, Argentina.  In addition, Telecom Argentina shall provide ARBR with dark fiber on a backhaul route between Las Toninas and Buenos Aires, as well as point of presence (POP) space in Buenos Aires.

ARBR is a new fiber optic submarine cable system developed by Seaborn and co-owned by Seaborn’s Seabras Group together with The Werthein Group, a preeminent Argentine investment holding company with a track record of significant telecommunications holdings.  ARBR’s Brazil landing will be in Seaborn’s existing Seabras-1 cable landing station in Praia Grande, Brazil, thereby enabling direct onward connectivity to New York on the fully operational Seabras-1.

“The landing station, backhaul and POP to be provided by Telecom Argentina are perfect complements to our ARBR and Seabras-1 systems, enabling customers on ARBR to benefit from the most modern and direct route between Buenos Aires and New York,” said Larry Schwartz, Chairman & CEO of Seaborn Networks.

“ARBR represents an ideal combination of local ownership with an independent operator to open up Argentina’s telecommunications market to the world,” said Dario Werthein of Grupo Werthein.

Construction of the ARBR cable is scheduled to commence in 2018 and to be completed in 2019.

About Telecom Argentina

Telecom Argentina is one of the Argentina´s leading telecommunication companies that was born from the union of two large Argentine companies: Telecom and Cablevisión. This new company keeps transforming the digital experience of its customers by offering a secure, flexible and dynamic service, in different kind of devices, with fixed and mobile high-speed connections, through an integrated content platform. With a strategic plan focused on the deployment of state-of-the-art technology and unified systems, the Company is investing US$ 5,000 million between 2018 and 2020 to consolidate a better and more sustainable infrastructure. Through its commercial brands, Telecom Argentina offers fixed and mobile telephony, data transmission, pay television and Internet services for individuals, companies and governments throughout the country. Telecom also offers mobile service in Paraguay and pay television in Uruguay.

About Seaborn Networks

Seaborn Networks is a leading developer-owner-operator of submarine fiber optic cable systems, including Seabras-1 between São Paulo – New York, ARBR between São Paulo – Buenos Aires (RFS H1 2019) and SABR between Brazil – Cape Town, South Africa (RFS H1 2020). Seabras-1 is the only direct POP-to-POP network between São Paulo and New York. For more information, please visit www.seabornnetworks.com.

Kate Wilson, Media Manager
Seaborn Networks
E-mail: kate.wilson@seabornnetworks.com

About Grupo Werthein

Grupo Werthein is one of the largest business groups in Argentina, with investments in numerous industries such as Telecommunications, Insurance, Consumer Goods, Agro-Industry and Energy. For 107 years, Grupo Werthein have been building companies, contributing to Argentina's development and working to build a better future.  For additional information, see www.grupowerthein.com

SOURCE : Seaborn Networks

DEPARTMENT FOR INTERNATIONAL TRADE: LIFE SCIENCES AT THE HEART OF UK ECONOMY

LONDON, July 19 (Bernama-BUSINESS WIRE) -- The Government will today (Wednesday 18 July) host the second in a series of roundtables with stakeholders from key life science businesses, demonstrating the importance of the sector to the UK economy.

The Chancellor, International Trade Secretary, Business Secretary and Health and Social Care Secretary will be amongst those that meet with senior representatives from leading UK and international life sciences companies as the UK positions itself as the global home of health innovation, welcoming overseas investment and seeking to boost exports in the process.

Discussions at the roundtable will focus on how the future of the Life Sciences sector will be supported by the delivery of our modern Industrial Strategy, ensuring that the UK is ‘open for business’ with a positive business environment, our ambitions for a comprehensive agreement with the EU on our future relationship and the development and implementation of our independent trade policy.

To date, the government has engaged significantly with the sector, including the launch of the Life Sciences Industrial Strategy and Sector Deal, the Prime Minister and Cabinet Ministers’ Davos meeting with global Life Sciences executives and the inaugural meeting of the Life Sciences Council at 10 Downing Street in May.

The UK remains the number one destination for life sciences inward investment in Europe, ranks number two globally behind the US, and has also grown a thriving domestic industry with more than 5,600 companies and some of the strongest R&D capability in Europe.
  • Representatives from the Life Sciences industry to meet with Cabinet Ministers to discuss ambitions for the sector post-EU Exit
  • This is the second of the Government’s series of key sector investment events underpinning the wider Invest in GREAT Britain and Northern Ireland campaign.
  • The meeting is an important moment in ongoing engagement between government and the life sciences sector, which supports 240,000 UK jobs and generates a turnover of around £70 billion per year.
International Trade Secretary, Dr Liam Fox, said:

“The UK is a world leader in developing innovative healthcare solutions, and the ever-evolving life sciences sector presents significant trading opportunities across the globe.

“As an international economic department, DIT is determined to boost investment into the sector by organising roundtables at No10 Downing Street. This is so we can engage with companies and directly overcome any challenges they may face to accessing world wide opportunities.

“We also have a new network of HM Trade Commissioners and specialist overseas trade advisors who are best placed to build lasting trade ties with key companies and markets.”

Health and Social Care Secretary Matt Hancock said:

“From the discovery of DNA to the 100,000 genomes project, the UK has always been at the forefront of ground-breaking research and development with the potential to transform the lives of millions of people.

“The life sciences sector is incredibly important to the UK, not only for the hundreds of thousands of people employed and its £70bn turnover, but also so NHS patients continue to have access to pioneering new treatments as part of our long term plan for the NHS.”

Business Secretary Greg Clark said:

“Partnerships between government and industry are essential in helping us work towards our common goal of ensuring the UK continues to be a global leader in life sciences.

“That is why government has placed health and life sciences at the centre of our modern Industrial Strategy. Through the Life Sciences Sector Deal and our Grand Challenge missions in AI and Ageing Society, we have committed to working together with industry and overseas investors, to ensure that the UK remains the go-to destination for launching new businesses, new discoveries and new techniques to a wider market.”

The UK has one of the strongest and most productive Life Sciences sectors in the world, attracting the most inward investment in Europe which supports 240,000 UK jobs and generates a turnover of around £70 billion per year.

Alongside this, the attractiveness of the UK markets is demonstrated by the fact that all of the top 25 global pharmaceutical companies, and the top 30 global medical technology companies, operate in the UK, utilising a world-renowned bank of R&D knowledge.

A recent example of the ground-breaking work being done in the UK by the sector is the 100,000 Genomes Project which has revolutionised the way genetics data is held and used. The project has led to the UK becoming the only nation in the world to have a large scale whole genome dataset which will lead to new genomic discovery, advancements in precision medicine and healthcare globally.

Follow us: @InvestinGREAT

View source version on businesswire.com: https://www.businesswire.com/news/home/20180718005465/en/

Contact

Department for International Trade
Andrew Moore, 020 7008 3333
andrew.moore@trade.gov.uk

Source : Department for International Trade

Uganda Airlines orders four Canadian Bombardier aircraft

KUALA LUMPUR, July 19 (Bernama) -- Uganda National Airlines Company has signed a firm order for four new CRJ900 regional jets costing US$190 million or RM 771.4 million. (1US$ = RM 4.06), Canada's Bombardier Commercial Aircraft announced.

Uganda Airlines is confident the aircraft will help the company to succeed with its proven track record in Africa and other regions of the word. The company will operate the CRJ900 in dual-class configuration with 76 seats, including 12 first class seats, a statement said.

Chief executive officer of Uganda National Airlines, Ephraim Bagenda said the company look forward to provide the most modern passenger experience in regional aviation to the people of Uganda and across Africa.

Vice-president, Sales, Middle-East and Africa at Bombardier Commercial Aircraft, Jean-Paul Boutibou said the aircraft enabled airlines worldwide to serve communities with better connectivity and they are supporting the development of Uganda´s regional air travel with these aircraft.

There are currently 21 operators flying 58 CRJ Series in Africa. Bombardier, headquartered in Montreal, Canada has recorded firm orders for 1957 CRJ Series regional jets. More information at www.bombardier.com.

-- BERNAMA

POLYPLASTICS USES COMPUTER-AIDED ENGINEERING (CAE) TO FORECAST PARTS DEFORMATION DURING PRODUCTION OF LCP CONNECTORS

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Tuesday, July 17, 2018

PACIFIC PRIME WINS TWO AWARDS AT THE NOW HEALTH INTERNATIONAL AND BEST DOCTORS INSURANCE CONVENTION IN THAILAND

BANGKOK, July 17 (Bernama-BUSINESS WIRE) -- Global insurance broker Pacific Prime is pleased to announce that it has been awarded the Top Individual Agency 2017 award and Top Individual Sales 2017 award at the NOW Health International and Best Doctors Insurance Convention in Bangkok, Thailand this July.

Held on an annual basis, the NOW Health International and Best Doctor’s Convention recognizes outstanding achievements among their best-performing partners worldwide. The awards recognize Pacific Prime’s impressive growth in the Asia Pacific region, as well as their fruitful partnership with NOW Health International for over 7 years. The company has also been consistently delivering on its goal of Simplifying Insurance in emerging markets in Latin America together with Best Doctors Insurance.

Pacific Prime Singapore's Director, Olivier Zeller, accepted the awards and commented that the awards are a reflection of Pacific Prime’s goal of delivering the best insurance solutions for its clients through close cooperation with insurers. “This is a great honor for us to receive both the Top Individual Agency 2017 and Individual Sales 2017 awards this year. These awards only reaffirm the strength of our partnership with NOW Health International and Best Doctors Insurance. We are enthusiastic about our continued successful partnership with the companies in all the markets we are both present.”

Martin Garcia, Executive Chairman at Now Health International said, “Now Health International has enjoyed a strong relationship with Pacific Prime for many years, and it’s great to see this successful partnership recognized with two well-deserved award wins at our 2018 Annual Convention. One of our strategic priorities is to continue to build our Individual and Family book where we see significant growth momentum, and Pacific Prime’s expertise in international health insurance has placed them as our top producer of individual business over the past year, as well as the leader of our top three partnerships overall. Congratulations to Olivier and his team on this fantastic achievement; we look forward to continuing to work with Pacific Prime as we further expand our membership base across Asia and beyond.”

About NOW Health International and Best Doctors Insurance

Now Health International has offices in Hong Kong, Shanghai, London, and Dubai and specializes in international health insurance plans for expats. In 2015, NOW Health joined forces with Best Doctors Insurance, an insurance company that services countries located in the Americas to complement NOW Health's geographical presence.

About Pacific Prime

Pacific Prime is an award-winning insurance and employee benefits broker that offers a wide range of insurance solutions for individuals, families, and companies since 1999. Pacific Prime has helped a great number of clients to secure best value insurance services and products across the globe. For more information, visit: https://www.pacificprime.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20180716005251/en/

Contact
Pacific Prime
Stephen Ho, +852 3589 0508
Marketing Director

Source : Pacific Prime