KUALA LUMPUR, Nov 28 -- Fusionex Founder and Group Chief Executive Officer (CEO), Datuk Seri Ivan Teh was accorded the prestigious Entrepreneur of the Year Award at the SME & Entrepreneurship Business Awards (SEBA) 2019 recently.
Teh was recognised for his outstanding innovation, foresight and inventive strategy in creating brand excellence, thus, being a role model and source of inspiration for many.
In a statement, the multi-award winning data technology provider said the award was presented by Entrepreneur Development Minister, Datuk Seri Mohd Redzuan Yusof.
SEBA is supported by the ministry to honour Malaysia’s most outstanding entrepreneurs and enterprises while uncovering growing talents and upcoming companies that are transforming the industry which they are operating in.
Past recipients include Tan Sri Dr Tony Fernandes of AirAsia, Patrick Grove of Catcha Group and Anthony Tan of Grab.
-- BERNAMA
Friday, November 29, 2019
Mary Kay supports female empowerment, entrepreneurship, equality
KUALA LUMPUR, Nov 20 -- Mary Kay Inc continues to advocate for global female empowerment, entrepreneurship and equality by addressing the issues during top women’s conferences worldwide.
The company actively participated in two important international conferences - International Women’s Forum World Leadership Conference in Toronto, Canada and the Reykjavik Global Forum – Women Leaders in Reykjavik, Iceland.
During the Canada conference, leading female architects, advocates, catalysts and pioneers of change from over 50 countries discussed challenges that faced women today, and how best to approach them.
Mary Kay Canada, Director PR, Digital & Product Marketing, Michelle Haurilak was on-hand to speak and introduce a session on Becoming a Dangerous Woman, an interview with television powerhouse and editorial director of TEDWomen, Pat Mitchell.
Meanwhile at the Iceland conference, Mary Kay Chief Legal Officer and Corporate Secretary, Julia Simon joined other female leaders to discuss and share ideas and solutions on how to further advance society, increase gender equality as well as promote and positively develop women in leadership positions.
Simon also attended a Leadership Luncheon hosted by Concordia, tackling themes such as investing in female entrepreneurs, women’s global health, political leadership and education.
Recently, in collaboration with six United Nations agencies, Mary Kay announced the Women’s Entrepreneurship Accelerator empowered by Mary Kay, a multi-year partner initiative designed to inspire, educate and empower women entrepreneurs globally.
-- BERNAMA
Thursday, November 28, 2019
TOUR DE FRANCE SHANGHAI CRITÉRIUM 2019 SUCCESSFULLY HELD, REFLECTING GROWING INTEREST IN INTERNATIONAL SPORTS EVENTS IN CHINA
The integrated marketing solutions provider Activation Group announces world-class sports and entertainment intellectual property to expand innovative experiential marketing business
HONG KONG, Nov 18 (Bernama-BUSINESS WIRE) -- 2019 Tour de France Škoda Shanghai Critérium, an international cycling competition, was held at the China Art Museum on 15 and 16 November 2019. The Tour de France champion Egan Bernal for the year 2019, a three-time Grand Slam champion Vincenzo Nibali, and a four-time Tour de France champion Christopher Froome, along with other Tour de France stars, including five world-class cycling teams and 7 outstanding local teams, participated in the event. With outstanding ability, Caleb Ewan took the lead and was crowned the champion of Tour de France Shanghai.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191116005032/en/
HONG KONG, Nov 18 (Bernama-BUSINESS WIRE) -- 2019 Tour de France Škoda Shanghai Critérium, an international cycling competition, was held at the China Art Museum on 15 and 16 November 2019. The Tour de France champion Egan Bernal for the year 2019, a three-time Grand Slam champion Vincenzo Nibali, and a four-time Tour de France champion Christopher Froome, along with other Tour de France stars, including five world-class cycling teams and 7 outstanding local teams, participated in the event. With outstanding ability, Caleb Ewan took the lead and was crowned the champion of Tour de France Shanghai.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191116005032/en/
In 1903, the first Tour de France was held in France. The event has a history of more than 100 years and is regarded as the most prestigious event in the cycling world. In 2017, Tour de France took place in China for the first time. For the past three years, it has been held in Changsha, Beijing, Zhuji and Shanghai. Domestic and foreign, professionals and amateur cyclists as well as the public have already enjoyed Tour de France. With the support of the local municipal governments in China and partners, Tour de France in China has been held in Zhuji and Changsha, where 4,000 people participated in the closed-loop cycling event and thus broke the record of attendance. The brand of the Tour de France has been gaining traction in China as the event combines the elements of sports and entertainment with the participation of the world’s top cyclists.
Tour de France intellectual property (“IP”) combines elements of sports and entertainment as a model for sports event marketing
In recent years, an intellectual property-based operating model has been adopted in sports event marketing. In that operating model, sports events are at the core of the marketing content while the participants and audience alike can enjoy various forms of entertainment during the experiential marketing. The markets for intellectual property (“IP”) and brands can thus be developed. Taking the 2019 Tour of Shanghai as an example, domestic amateur cyclists can compete with top professional cyclists. Fans can participate in a public relations photo shoot before the game and wear personalized Tour de France yellow jerseys. The Tour de France brand has attracted a large audience, allowing them to experience the charm of Tour de France. Such experiences have formed a unique and innovative product in the intellectual property-based operating model for marketing. At the same time, the professional cyclists try their hand at singing Peking Opera, and are taken to the streets to taste traditional breakfasts in a place where Tour de France is held. Moreover, a series of retro products of Tour de France and the products of the cycling event that have been adapted to local cultures of the places where the event has been held have also been launched. These activities can promote a cultural exchange between international professional cyclists and the locals of the places where the event is held, thus expanding the market for intellectual property of Tour de France. The ingeniously personalized service to the Tour de France contestants allows them to fully enjoy their participation in the event and, at the same time, enables Tour de France to grip the host country.
The top international French sports company and Tour de France planner, Amaury Sport Organization (A.S.O.) has actively promoted the globalization of the Tour de France brand in recent years. This is aligned with the IP marketing concept of the Activation Group. The two parties have cooperated since 2017 to promote the Tour de France IP in China. Tour de France held in Changsha in 2017, Beijing, Shanghai and Zhuji at the beginning of the year has, in turn, earned its host cities fame and plentiful business opportunities. It is reported that an experience center for cycling will be opened in Zhuji in 2020. It will be positioned as a first-of-its-kind "one-stop, multi-functional, outdoor cycling tour service center", which will be complemented by the official cycling routes and themed homestays. With its strong sense of market, Activation Group has explored the integration of the Tour de France with mass consumption, enabling cyclists and sports enthusiasts to enjoy entertainment as a part of their lives.
In addition to the experience center for cycling in Zhuji, Activation Group has also announced another new strategy for Tour de France IP under which a bicycle-themed TV series "Legendary of Cycling" will be produced. As the first TV drama of its kind in China, "Legendary of Cycling" combines such elements as youth, inspirations, deduction and cycling. The production of the TV series scheduled to start in 2020. Real-time and on-the-spot shots of a Tour de France event will be included in the TV drama. For both the Tour de France brand and Activation Group, the innovative and pragmatic IP-based operating model for marketing will open up a new and sustainable consumer market.
Tour de France intellectual property (“IP”) combines elements of sports and entertainment as a model for sports event marketing
In recent years, an intellectual property-based operating model has been adopted in sports event marketing. In that operating model, sports events are at the core of the marketing content while the participants and audience alike can enjoy various forms of entertainment during the experiential marketing. The markets for intellectual property (“IP”) and brands can thus be developed. Taking the 2019 Tour of Shanghai as an example, domestic amateur cyclists can compete with top professional cyclists. Fans can participate in a public relations photo shoot before the game and wear personalized Tour de France yellow jerseys. The Tour de France brand has attracted a large audience, allowing them to experience the charm of Tour de France. Such experiences have formed a unique and innovative product in the intellectual property-based operating model for marketing. At the same time, the professional cyclists try their hand at singing Peking Opera, and are taken to the streets to taste traditional breakfasts in a place where Tour de France is held. Moreover, a series of retro products of Tour de France and the products of the cycling event that have been adapted to local cultures of the places where the event has been held have also been launched. These activities can promote a cultural exchange between international professional cyclists and the locals of the places where the event is held, thus expanding the market for intellectual property of Tour de France. The ingeniously personalized service to the Tour de France contestants allows them to fully enjoy their participation in the event and, at the same time, enables Tour de France to grip the host country.
The top international French sports company and Tour de France planner, Amaury Sport Organization (A.S.O.) has actively promoted the globalization of the Tour de France brand in recent years. This is aligned with the IP marketing concept of the Activation Group. The two parties have cooperated since 2017 to promote the Tour de France IP in China. Tour de France held in Changsha in 2017, Beijing, Shanghai and Zhuji at the beginning of the year has, in turn, earned its host cities fame and plentiful business opportunities. It is reported that an experience center for cycling will be opened in Zhuji in 2020. It will be positioned as a first-of-its-kind "one-stop, multi-functional, outdoor cycling tour service center", which will be complemented by the official cycling routes and themed homestays. With its strong sense of market, Activation Group has explored the integration of the Tour de France with mass consumption, enabling cyclists and sports enthusiasts to enjoy entertainment as a part of their lives.
In addition to the experience center for cycling in Zhuji, Activation Group has also announced another new strategy for Tour de France IP under which a bicycle-themed TV series "Legendary of Cycling" will be produced. As the first TV drama of its kind in China, "Legendary of Cycling" combines such elements as youth, inspirations, deduction and cycling. The production of the TV series scheduled to start in 2020. Real-time and on-the-spot shots of a Tour de France event will be included in the TV drama. For both the Tour de France brand and Activation Group, the innovative and pragmatic IP-based operating model for marketing will open up a new and sustainable consumer market.
Wednesday, November 27, 2019
Kyriba records growth for new clients in APAC
KUALA LUMPUR, Nov 26 -- Kyriba, the global leader in cloud treasury and finance solutions has announced increased demand from multinational organisations and corporations in the Asia Pacific region (APAC).
Kyriba has doubled the number of clients in the region in the past 12 months as compared to the same period in Q3 last year, according to a statement.
This rapid growth is attributed to the need for global, real-time visibility of cash positions, and established expertise in international markets, giving APAC organisations the ability to expand their operations while facing market headwinds.
“We are rapidly growing in our key markets, Japan and Singapore, and we now have a stronger customer base in China and India, with additional traction in Malaysia and Indonesia,” said Kyriba managing director (APAC), JaeSon Kim.
“We are innovating solutions to unlock value for our clients, which puts them in a strategic position to grow even during times of global instability.”
Among notable multinationals which adopted Kyriba as part of their digital transformation objectives in 2019 include Isuzu Motors; DiDi and HAND (China); Uno Minda and Tech Mahindra (India); InstaReM (Singapore) and, Eisai and Suntory Beverage & Food (Japan).
Kyriba is attending C-Engage on Nov 26 in Singapore. Meet the team and learn more about how Kyriba is helping CFOs and CIOs with digital transformation in APAC. More information at www.kyriba.com.
-- BERNAMA
Kyriba has doubled the number of clients in the region in the past 12 months as compared to the same period in Q3 last year, according to a statement.
This rapid growth is attributed to the need for global, real-time visibility of cash positions, and established expertise in international markets, giving APAC organisations the ability to expand their operations while facing market headwinds.
“We are rapidly growing in our key markets, Japan and Singapore, and we now have a stronger customer base in China and India, with additional traction in Malaysia and Indonesia,” said Kyriba managing director (APAC), JaeSon Kim.
“We are innovating solutions to unlock value for our clients, which puts them in a strategic position to grow even during times of global instability.”
Among notable multinationals which adopted Kyriba as part of their digital transformation objectives in 2019 include Isuzu Motors; DiDi and HAND (China); Uno Minda and Tech Mahindra (India); InstaReM (Singapore) and, Eisai and Suntory Beverage & Food (Japan).
Kyriba is attending C-Engage on Nov 26 in Singapore. Meet the team and learn more about how Kyriba is helping CFOs and CIOs with digital transformation in APAC. More information at www.kyriba.com.
-- BERNAMA
JD.COM PIONEERS CHINA'S 5G SERVICES TO DRIVE THE FUTURE DEVELOPMENT
BEIJING, Nov 21 (Bernama) -- The World 5G Convention and the Contest for Design of 5G Applications jointly sponsored by several ministries and commissions of the Chinese government kicked off in Beijing on November 20. JD.com has deeply engaged in this Convention and vowed to further develop 5G markets in the future and comprehensively promote the 5G new life of consumers.
The Contest for Design of 5G Applications jointly sponsored by China's Future Mobile Communication Forum and JD.com was launched in various major research institutes, enterprises and institutions in China in August. JD.com set up JD Special Award in the Contest to encourage scientific and technological talent for innovation. It also specially launched 5G campus contests in Chinese colleges and universities. Relevant responsible persons of JD.com said that they fully recognized the potential of colleges and universities in the future development of 5G technology, and widely collected 5G application design schemes to give full play to the fundamental and forward-looking advantages of colleges and universities. In the future, JD.com will continue to promote 5G service experience and play a greater role in the phase from 5G commercial applications to 5G civil applications.
As the main battlefield for information technology innovation, 5G mobile communication leads the reform in the information industry. JD.com takes the lead in developing a series of 5G industry strategic layouts. At present, JD.com has realized comprehensive strategic cooperation with the three major operators: China Mobile, China Unicom and China Telecom. It has also set up China's first 5G intelligent logistics demonstration park to develop intelligent cities, intelligent medical services and mobile communications so as to accelerate the integration of 5G with various industries.
Source: JD.com
--BERNAMA
The Contest for Design of 5G Applications jointly sponsored by China's Future Mobile Communication Forum and JD.com was launched in various major research institutes, enterprises and institutions in China in August. JD.com set up JD Special Award in the Contest to encourage scientific and technological talent for innovation. It also specially launched 5G campus contests in Chinese colleges and universities. Relevant responsible persons of JD.com said that they fully recognized the potential of colleges and universities in the future development of 5G technology, and widely collected 5G application design schemes to give full play to the fundamental and forward-looking advantages of colleges and universities. In the future, JD.com will continue to promote 5G service experience and play a greater role in the phase from 5G commercial applications to 5G civil applications.
As the main battlefield for information technology innovation, 5G mobile communication leads the reform in the information industry. JD.com takes the lead in developing a series of 5G industry strategic layouts. At present, JD.com has realized comprehensive strategic cooperation with the three major operators: China Mobile, China Unicom and China Telecom. It has also set up China's first 5G intelligent logistics demonstration park to develop intelligent cities, intelligent medical services and mobile communications so as to accelerate the integration of 5G with various industries.
Source: JD.com
--BERNAMA
Tuesday, November 26, 2019
Retail Pro International software ranked top POS in IHL latest study
KUALA LUMPUR, Nov 25 -- Retail Pro International announced that its Retail Pro® ranked in IHL’s latest Retail Executive Advisory Program Research Study as number one retail mid-market POS in market share, global reach, innovation and growth.
Retail Pro® is a cross-platform, cross-channel POS and retail management software.
“The study considers primary and secondary source data to evaluate and rank on-premise and SaaS POS for retailers with chains ranging from one to 100 locations – representing over nine million POS locations installed POS units worldwide,” said IHL Group vice-president, Jerry Sheldon.
In this hyper-competitive context, Retail Pro holds 5.9 per cent market share in the midmarket slice for general retail and also ranks as a top performer in IHL’s positioning map which measures vendors by innovation and market strength dimensions.
As retail in emerging markets continues to expand and enterprise retailers are rearchitecting systems for unified commerce, IHL projects the POS software market will grow 53 per cent from US$3.2 billion last year to US$4.9 billion in 2023, implying further growth opportunity for top POS providers. (US$1 = RM4.18)
Retail Pro International chief executive officer, Kerry Lemos said: “We thrive in the highly creative and demanding environments in all major markets worldwide. Striving together with our loyal customers drives us to keep honing our technology to be more efficient, more innovative and more adaptable to the diverse retail brands using Retail Pro worldwide.”
-- BERNAMA
Retail Pro® is a cross-platform, cross-channel POS and retail management software.
“The study considers primary and secondary source data to evaluate and rank on-premise and SaaS POS for retailers with chains ranging from one to 100 locations – representing over nine million POS locations installed POS units worldwide,” said IHL Group vice-president, Jerry Sheldon.
In this hyper-competitive context, Retail Pro holds 5.9 per cent market share in the midmarket slice for general retail and also ranks as a top performer in IHL’s positioning map which measures vendors by innovation and market strength dimensions.
As retail in emerging markets continues to expand and enterprise retailers are rearchitecting systems for unified commerce, IHL projects the POS software market will grow 53 per cent from US$3.2 billion last year to US$4.9 billion in 2023, implying further growth opportunity for top POS providers. (US$1 = RM4.18)
Retail Pro International chief executive officer, Kerry Lemos said: “We thrive in the highly creative and demanding environments in all major markets worldwide. Striving together with our loyal customers drives us to keep honing our technology to be more efficient, more innovative and more adaptable to the diverse retail brands using Retail Pro worldwide.”
-- BERNAMA
Sunday, November 24, 2019
Vista Equity Partners expands to Asia with Singapore office
KUALA LUMPUR, Nov 18 -- Vista Equity Partners, the United States-based investment firm has opened Vista Consulting Group’s (VCG) in the Centennial Tower, Singapore.
VCG is the affiliated consulting arm of Vista, focused on enterprise software, data and technology-enabled businesses.
The new office will serve as the Asia headquarters for VCG, expanding Vista’s presence and providing additional operational support for Vista companies in the region and their almost 14,000 employees.
The office opening ceremony was attended by representatives from the Monetary Authority of Singapore and other strategic partners, executives from Vista portfolio companies and government and business leaders from across the region.
Vista founder, chairman and chief executive officer, Robert F. Smith said: “We are seeing immense growth of the business-to-business market in Asia, underpinned by an acceleration of investment in technology infrastructure and enterprise software.
“This transformation continues to create a significant commercial opportunity across our portfolio.''
As part of the announcement, Vista portfolio company Apptio, a software provider that fuels digital transformation, named Singapore as its Asia headquarters as it focuses on driving sales and other opportunities throughout the region.
Another Vista portfolio company, RDC also named Singapore its Asia headquarters.
-- BERNAMA
VCG is the affiliated consulting arm of Vista, focused on enterprise software, data and technology-enabled businesses.
The new office will serve as the Asia headquarters for VCG, expanding Vista’s presence and providing additional operational support for Vista companies in the region and their almost 14,000 employees.
The office opening ceremony was attended by representatives from the Monetary Authority of Singapore and other strategic partners, executives from Vista portfolio companies and government and business leaders from across the region.
Vista founder, chairman and chief executive officer, Robert F. Smith said: “We are seeing immense growth of the business-to-business market in Asia, underpinned by an acceleration of investment in technology infrastructure and enterprise software.
“This transformation continues to create a significant commercial opportunity across our portfolio.''
As part of the announcement, Vista portfolio company Apptio, a software provider that fuels digital transformation, named Singapore as its Asia headquarters as it focuses on driving sales and other opportunities throughout the region.
Another Vista portfolio company, RDC also named Singapore its Asia headquarters.
-- BERNAMA
INAUGURAL CHILDREN FOR CHILDREN MALAYSIA AT KIDZANIA KUALA LUMPUR
PETALING JAYA, Nov 20 (Bernama) -- More than 150 primary school children from the underserved group celebrated Children’s Day at the inaugural Children For Children Malaysia event. This special one-day excursion saw children from various primary schools within the Klang Valley region, enjoy a full day out at KidZania Kuala Lumpur.
The colourful and joyous celebration was held in conjunction with the International Children’s Day which falls on November 20 annually and the launch of Antz World Berhad a non-profit organisation which was setup to provide children with the opportunity to empower their artistic expression with emergent technology.
Organised by Antz World Berhad and supported by KidZania Kuala Lumpur as part of its community outreach event aims to provide underserved children fun, positive activities and life-enhancing experiences that contribute to their development, well-being and their outlook for a happier and brighter future.
The event was also an occasion for the children enjoy a day of fun and spend time bonding with other children without cost and the opportunity of visiting KidZania Kuala Lumpur.
The children were provided with free admission granting them free entry KidZania Kuala Lumpur, that has more than 100 activities at 60 establishments, performing real-life jobs in a simulated, role-playing environment. This experience will help and enable them to have fun while learning valuable lessons in which they can apply in their daily lives.
In addition to the free admission, the children also attended a Children For Children Art Camp and took part in the colouring competition. The camp’s objective was to teach children to work together in groups. They were also taught on positive social learnings such as learn to share, to interact with others, to be responsible for cleanup, and to put materials away.
“Freedom and equality are foundational values that we draw upon when envisioning a better society. And we believe that artistic and technology education is a powerful opportunity to allow children, whatever their age, to find their voice in the world.” said Ang Hsin Hsien, Non-Executive Deputy Chairman at Antz World Berhad.
Antz World seeks to build a sustainable ‘arts with technology’ ecosystem to benefit our under-served children within our community. Antz World envisages empowering our children with artistic expression and creating a connected community through new localization. Antz World will also be organising a technology and creative art camp with Perbadanan Perpustakaan Awam Selangor (PPAS) on 7th, 14th and 21st December 2019. More information available on www.antzworld.my.
About Antz World Berhad
Antz World is a not-for-profit organization that seeks to build a sustainable ‘arts with technology’ ecosystem to benefit our underserved children within our community. Antz World envisages empowering our children with artistic expression using emergent technology and creating a connected community through new localization.
For more information, please visit www.antzworld.my
SOURCE: Censof Holdings Berhad
Saturday, November 23, 2019
MELTWATER PARTICIPATES IN THE LAUNCH OF AWS DATA EXCHANGE
SAN FRANCISCO, Nov 15 (Bernama-GLOBE NEWSWIRE) -- Meltwater, one of the world’s largest providers of news and social data, today announces it is a launch provider on AWS Data Exchange, a new service that makes it easy for millions of Amazon Web Services (AWS) customers to securely find, subscribe to, and use third-party data in the cloud.
“We’re delighted to welcome Meltwater in AWS Data Exchange,” said Stephen Orban, General Manager, AWS Data Exchange, Amazon Web Services, Inc. “With the market calling for more external data to compliment internal datasets, AWS Data Exchange customers can now leverage Meltwater’s data to enhanced visibility into the world around them, so that they can make better informed decisions.”
With AWS Data Exchange, customers from all industries can leverage Meltwater’s packaged data products to support multiple business processes. For example, investors can identify potential trading opportunities by tracking daily changes in media coverage and sentiment for companies, and rebalance portfolios based on shifting sentiment and business event patterns across different industry verticals. Media and Entertainment production teams can inform talent and programming decisions by tracking changes in daily media coverage and sentiment for TV streaming platforms and flagship shows, while making more informed sponsorship and advertising decisions by tracking coverage for different celebrities. Healthcare and Life Sciences organizations can track media coverage around key drug classes and market accordingly.
“Meltwater believes in the value of businesses using online data to make better informed decisions and become more competitive in their markets. Historically, we have provided PR and Communications departments with the insights they need to stay ahead, but with the launch of our derived data sets available in AWS Data Exchange, we bring this expertise to departments such as business intelligence, competitive intelligence, marketing, and legal, who can leverage this data and create insights to their advantage,” said Leor Distenfeld, Executive Director of Outside Insight at Meltwater.
Tim Barker, Head of Product for Fairhair.ai at Meltwater states, “We’re excited to be one of the first providers on AWS Data Exchange and we look forward to helping customers gain business insight from these new packaged data products, which combine the best of our content and AI capabilities. AWS Data Exchange complements the range of products and services we already deliver to over 32,000 customers and provides us with an exciting new path to rapidly develop and deploy packaged data products in response to market and individual customer requirements.”
Meltwater and AWS Data Exchange can help businesses across multiple industries to support their data-driven strategies through access to a new range of packaged data products. With over 500 million new documents being added daily, and enhanced NLP enrichments layered on top, these datasets will provide AWS Data Exchange customers with valuable data to help drive their business strategy. To learn more, visit click here.
About Meltwater
Meltwater, a pioneer of Media Intelligence and now Outside Insight, gives businesses the information advantage they need to stay ahead. More than 32,000 companies use Meltwater’s media intelligence to stay on top of billions of online conversations and extract relevant insights to strategically manage their brands. With nearly 20 years of experience analyzing data, Meltwater is dedicated to personal, global service built on the local expertise of 55 offices across six continents. Meltwater is also committed to fostering the data science ecosystem through MEST, a pan-African entrepreneurial program and incubator, and Shack15, a global data science community. Learn more at meltwater.com.
Contact
dataproducts@meltwater.com
SOURCE: Meltwater
--BERNAMA
“We’re delighted to welcome Meltwater in AWS Data Exchange,” said Stephen Orban, General Manager, AWS Data Exchange, Amazon Web Services, Inc. “With the market calling for more external data to compliment internal datasets, AWS Data Exchange customers can now leverage Meltwater’s data to enhanced visibility into the world around them, so that they can make better informed decisions.”
With AWS Data Exchange, customers from all industries can leverage Meltwater’s packaged data products to support multiple business processes. For example, investors can identify potential trading opportunities by tracking daily changes in media coverage and sentiment for companies, and rebalance portfolios based on shifting sentiment and business event patterns across different industry verticals. Media and Entertainment production teams can inform talent and programming decisions by tracking changes in daily media coverage and sentiment for TV streaming platforms and flagship shows, while making more informed sponsorship and advertising decisions by tracking coverage for different celebrities. Healthcare and Life Sciences organizations can track media coverage around key drug classes and market accordingly.
“Meltwater believes in the value of businesses using online data to make better informed decisions and become more competitive in their markets. Historically, we have provided PR and Communications departments with the insights they need to stay ahead, but with the launch of our derived data sets available in AWS Data Exchange, we bring this expertise to departments such as business intelligence, competitive intelligence, marketing, and legal, who can leverage this data and create insights to their advantage,” said Leor Distenfeld, Executive Director of Outside Insight at Meltwater.
Tim Barker, Head of Product for Fairhair.ai at Meltwater states, “We’re excited to be one of the first providers on AWS Data Exchange and we look forward to helping customers gain business insight from these new packaged data products, which combine the best of our content and AI capabilities. AWS Data Exchange complements the range of products and services we already deliver to over 32,000 customers and provides us with an exciting new path to rapidly develop and deploy packaged data products in response to market and individual customer requirements.”
Meltwater and AWS Data Exchange can help businesses across multiple industries to support their data-driven strategies through access to a new range of packaged data products. With over 500 million new documents being added daily, and enhanced NLP enrichments layered on top, these datasets will provide AWS Data Exchange customers with valuable data to help drive their business strategy. To learn more, visit click here.
About Meltwater
Meltwater, a pioneer of Media Intelligence and now Outside Insight, gives businesses the information advantage they need to stay ahead. More than 32,000 companies use Meltwater’s media intelligence to stay on top of billions of online conversations and extract relevant insights to strategically manage their brands. With nearly 20 years of experience analyzing data, Meltwater is dedicated to personal, global service built on the local expertise of 55 offices across six continents. Meltwater is also committed to fostering the data science ecosystem through MEST, a pan-African entrepreneurial program and incubator, and Shack15, a global data science community. Learn more at meltwater.com.
Contact
dataproducts@meltwater.com
SOURCE: Meltwater
--BERNAMA
AG&P MAKES STRATEGIC EQUITY INVESTMENT IN KANFER SHIPPING
SINGAPORE, Nov 15 (Bernama-BUSINESS WIRE) -- Atlantic Gulf & Pacific (AG&P), the global downstream gas and LNG logistics company, has made a strategic equity investment in Kanfer Shipping (Kanfer), an innovative Norway-based developer of small-scale LNG sea transportation, maritime break-bulk solutions, floating storage facilities as well as LNG bunkering. Together, Kanfer and AG&P will make LNG more accessible and commercially viable for downstream customers in new and growing natural gas markets.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20191114005321/en/
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20191114005321/en/
AG&P makes a strategic investment in Norway-based Kanfer Shipping to make LNG more accessible and commercially viable for downstream customers. Kanfer has captured the attention of the global LNG maritime infrastructure industry with its revolutionary Detachable Stern Vessel (left), that makes it easier, faster, and more efficient to break-bulk and transport LNG. (Photo: Business Wire)
Kanfer has captured the attention of the global LNG maritime infrastructure industry with its patented, unique barge design that makes breaking bulk cargoes of LNG easier, faster and more efficient. Kanfer’s revolutionary small-scale solution uses the patented Detachable Stern Vessel (DSV) design to create an advanced version of the commonly used Articulated Tug Barge (ATB). Kanfer’s DSV efficiently transports LNG to and from an FSU, FSRU or land-based LNG terminals via a small and maneuverable barge that brings LNG to drop-points up rivers and along coasts.
Kanfer’s DSV distinguishes itself by easily navigating rivers and coastlines, including in poor weather conditions and difficult sea states, an improvement over traditional ATBs. Its shallow draft allows access to gas-starved downstream customers seeking a cleaner and lower cost fuel source by minimizing onerous marine infrastructure. These advantages enable new LNG service for smaller demand centers or for larger demand centers in places that are less accessible.
“AG&P’s goal is to bring LNG to new markets. One of the missing links has been the capability to break-bulk LNG affordably. Kanfer’s designs unlock these new markets and solve a critical gap in the LNG supply chain for nascent and growing markets. We are thus delighted to bring Kanfer Shipping into AG&P’s group of companies. Under Stig Hagen’s visionary leadership, Kanfer has brought new and exciting solutions to the maritime industry that provide a compelling alternative to traditional, capital-intensive onshore LNG facilities,” said Karthik Sathyamoorthy, President of LNG Terminals and Logistics at AG&P.
“We have worked long and hard at Kanfer to find a real solution to the LNG virtual pipeline – one that stands on its commercial and technical merits. Now, we are honored to be partnered with AG&P, a global trailblazer in LNG solutions and gas logistics. Together, we will reduce the cost of LNG infrastructure through Kanfer’s innovative solutions and provide a more robust solution to improve availability and accessibility. I am very excited about the possibilities,” said Stig Anders Hagen, Managing Partner at Kanfer Shipping.
“Kanfer will benefit from AG&P’s strong heritage in engineering and infrastructure construction, its deep technical experience and end-to-end execution capabilities in serving customers anywhere in the world,” Mr. Hagen added.
“AG&P has recognized the rapid and accelerating market shift to LNG as a primary fuel for land and marine applications. Three years ago, we invested in Gas Entec, the leading LNG terminal, bunkering and fuel system engineering company, and today in Kanfer Shipping to create a unique and compelling ecosystem for the development of LNG and gas delivery systems. Kanfer’s expertise complements and expands our passion for an integrated approach to LNG logistics and will enable us to reach new customers in Southeast Asia, the Caribbean and beyond,” said Jose P. Ibazeta, Director of AG&P.
Together, AG&P, Kanfer and partners will offer project owners and customers a fully integrated solution comprising:
Kanfer’s DSV distinguishes itself by easily navigating rivers and coastlines, including in poor weather conditions and difficult sea states, an improvement over traditional ATBs. Its shallow draft allows access to gas-starved downstream customers seeking a cleaner and lower cost fuel source by minimizing onerous marine infrastructure. These advantages enable new LNG service for smaller demand centers or for larger demand centers in places that are less accessible.
“AG&P’s goal is to bring LNG to new markets. One of the missing links has been the capability to break-bulk LNG affordably. Kanfer’s designs unlock these new markets and solve a critical gap in the LNG supply chain for nascent and growing markets. We are thus delighted to bring Kanfer Shipping into AG&P’s group of companies. Under Stig Hagen’s visionary leadership, Kanfer has brought new and exciting solutions to the maritime industry that provide a compelling alternative to traditional, capital-intensive onshore LNG facilities,” said Karthik Sathyamoorthy, President of LNG Terminals and Logistics at AG&P.
“We have worked long and hard at Kanfer to find a real solution to the LNG virtual pipeline – one that stands on its commercial and technical merits. Now, we are honored to be partnered with AG&P, a global trailblazer in LNG solutions and gas logistics. Together, we will reduce the cost of LNG infrastructure through Kanfer’s innovative solutions and provide a more robust solution to improve availability and accessibility. I am very excited about the possibilities,” said Stig Anders Hagen, Managing Partner at Kanfer Shipping.
“Kanfer will benefit from AG&P’s strong heritage in engineering and infrastructure construction, its deep technical experience and end-to-end execution capabilities in serving customers anywhere in the world,” Mr. Hagen added.
“AG&P has recognized the rapid and accelerating market shift to LNG as a primary fuel for land and marine applications. Three years ago, we invested in Gas Entec, the leading LNG terminal, bunkering and fuel system engineering company, and today in Kanfer Shipping to create a unique and compelling ecosystem for the development of LNG and gas delivery systems. Kanfer’s expertise complements and expands our passion for an integrated approach to LNG logistics and will enable us to reach new customers in Southeast Asia, the Caribbean and beyond,” said Jose P. Ibazeta, Director of AG&P.
Together, AG&P, Kanfer and partners will offer project owners and customers a fully integrated solution comprising:
- LNG supply;
- Large-scale LNG transportation;
- Large-scale Floating Storage (FSU);
- Small-scale LNG shipping for downstream distribution;
- Small-scale FSU;
- Onshore logistics and onsite infrastructure to provide reliable supply to downstream demand centers and
- A delivered cost to the customers’ doorstep.
Kanfer is already coordinating with global LNG companies to provide solutions to deliver LNG from FSUs to small demand centers or remote markets. It was announced earlier this year that ADNOC (Abu Dhabi National Oil Company) Shipping & Logistics are having a cooperation in the small-scale LNG segment with Kanfer. Later Japan’s INPEX CORPORATION also joined the cooperation. Customers value the Kanfer DSV’s full ocean-going capability, advanced sea state tolerance, flexibly sized storage, shallow draft and proven technology.
For hi-res images, click here.
For more information: www.agpglobal.com and www.kanfershipping.com
http://mrem.bernama.com/viewsm.php?idm=36134
For hi-res images, click here.
For more information: www.agpglobal.com and www.kanfershipping.com
http://mrem.bernama.com/viewsm.php?idm=36134
BWLPG.OL Q3 2019 - CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION
SINGAPORE, Nov 22 (Bernama-GLOBE NEWSWIRE) --
- Highest ever quarterly net profit of US$117 million
- Fleet wide VLGC TCE freight rates averaged US$48,100 per day
- TCE income of US$185 million, EBITDA of US$149 million with an EBITDA margin of 80.9%, generating a net profit after tax of US$117 million or US$0.83 per share
- Current dividend policy amended from a semi-annual to a quarterly dividend payout
- Declared Q3 2019 cash dividend of US$0.33 per share, bringing the YTD 2019 cash dividend to US$0.43 per share
In the third quarter, BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL") achieved the highest ever quarterly net profit of US$117 million, underpinned by outstanding commercial performance and a strong VLGC freight market.
In light of the solid financial performance, the Board has amended the current dividend policy from a semi-annual to a quarterly dividend payout. The Board also declared a further dividend of US$0.33 per share amounting to US$45.7 million for Q3 2019. The dividend will be paid around 6 December 2019 to shareholders on record as at 27 November 2019. The shares will be traded ex-dividend from 26 November 2019. Together with the US$0.10 per share dividend paid for 1H 2019, the YTD 2019 interim dividends declared totals US$0.43 per share.
VLGC freight rates showed strength throughout the third quarter, mainly supported by overall strong US LPG exports and high geographical LPG price spreads. The expansion of enterprise export terminal is expected to ease the US Gulf Coast export terminal capacity and support high US exports and VLGC fleet utilisation.
The growth in LPG exports is supported by strong demand for imports, mostly driven by the petrochemical sector in North-East Asia as well as the retail sector from emerging markets in the subcontinent and across Asia. The expectation is therefore that ton-mile demand for VLGCs will increase, giving a positive freight outlook for the remainder of 2019 and 2020.
http://mrem.bernama.com/viewsm.php?idm=36204
- Highest ever quarterly net profit of US$117 million
- Fleet wide VLGC TCE freight rates averaged US$48,100 per day
- TCE income of US$185 million, EBITDA of US$149 million with an EBITDA margin of 80.9%, generating a net profit after tax of US$117 million or US$0.83 per share
- Current dividend policy amended from a semi-annual to a quarterly dividend payout
- Declared Q3 2019 cash dividend of US$0.33 per share, bringing the YTD 2019 cash dividend to US$0.43 per share
In the third quarter, BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL") achieved the highest ever quarterly net profit of US$117 million, underpinned by outstanding commercial performance and a strong VLGC freight market.
In light of the solid financial performance, the Board has amended the current dividend policy from a semi-annual to a quarterly dividend payout. The Board also declared a further dividend of US$0.33 per share amounting to US$45.7 million for Q3 2019. The dividend will be paid around 6 December 2019 to shareholders on record as at 27 November 2019. The shares will be traded ex-dividend from 26 November 2019. Together with the US$0.10 per share dividend paid for 1H 2019, the YTD 2019 interim dividends declared totals US$0.43 per share.
VLGC freight rates showed strength throughout the third quarter, mainly supported by overall strong US LPG exports and high geographical LPG price spreads. The expansion of enterprise export terminal is expected to ease the US Gulf Coast export terminal capacity and support high US exports and VLGC fleet utilisation.
The growth in LPG exports is supported by strong demand for imports, mostly driven by the petrochemical sector in North-East Asia as well as the retail sector from emerging markets in the subcontinent and across Asia. The expectation is therefore that ton-mile demand for VLGCs will increase, giving a positive freight outlook for the remainder of 2019 and 2020.
http://mrem.bernama.com/viewsm.php?idm=36204
KIOXIA CORPORATION INTRODUCES INDUSTRY'S FIRST[1] 512GB AUTOMOTIVE UFS
Opens Door to More Advanced Systems and Applications – for an Enhanced Driver Experience
TOKYO, Nov 14 (Bernama-BUSINESS WIRE) -- The next generation of automotive systems are hungry for more. More advanced information & entertainment and ADAS[2] systems. More storage for event data recording. Support for more 3D mapping. In a move that makes ‘more’ a reality, KIOXIA Corporation today announced that it has begun sampling the industry’s first 512 gigabyte (GB) Automotive Universal Flash Storage[3] (UFS) JEDEC® Version 2.1 embedded memory solution. KIOXIA’s Automotive UFS supports a wide temperature range (-40°C to +105°C), meets AEC-Q100 Grade2[4] requirements and offers the extended reliability required by various automotive applications. The 512GB device joins the company’s existing lineup of Automotive UFS, which includes capacities of 16GB, 32GB, 64GB, 128GB and 256GB.
Innovations such as autonomous vehicles, more advanced automotive information & entertainment systems, digital clusters, telematics and ADAS provide not only an elevated driver experience but also a greater demand for storage within vehicles.
To meet this demand for large capacity memory, KIOXIA’s new 512GB Automotive UFS memory was developed, which integrates the company’s BiCS FLASH™ 3D flash memory and a controller in a single package. 512GB Automotive UFS features several functions well-suited to the requirements of automotive applications including “Refresh”, “Thermal Control” and “Extended Diagnosis”. The “Refresh” function can be used to refresh data stored in UFS and helps extend the data’s lifespan. The “Thermal Control” function protects the device from overheating in the high-temperature circumstances that can occur in automotive applications. Lastly, the “Extended Diagnosis” function helps the host processor easily understand the device’s status.
Notes
[1] Source: KIOXIA Corporation, as of November 14, 2019.
[2] ADAS: Advanced Driving Assistant System
[3] Universal Flash Storage (UFS) is a trademark and product category for a class of embedded memory products built to the JEDEC UFS standard specification. JEDEC is a registered trademark of JEDEC Solid State Technology Association.
[4] Electrical component qualification requirements defined by the AEC (Automotive Electronics Council).
*Sample specifications may differ from mass production parts.
*In every mention of a KIOXIA product: Product density is identified based on the density of memory chip(s) within the Product, not the amount of memory capacity available for data storage by the end user. Consumer-usable capacity will be less due to overhead data areas, formatting, bad blocks, and other constraints, and may also vary based on the host device and application. For details, please refer to applicable product specifications. The definition of 1Gb = 2^30 bits = 1,073,741,824 bits. The definition of 1GB = 2^30 bytes = 1,073,741,824 bytes.
* Company names, product names, and service names mentioned herein may be trademarks of their respective companies.
About KIOXIA:
KIOXIA is a world leader in memory solutions, dedicated to the development, production and sales of flash memory and solid state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. KIOXIA is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. KIOXIA's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.
Customer Inquiries:
KIOXIA Corporation
Memory Sales & Marketing Division
Tel: +81-3-6478-2423
https://business.kioxia.com/en-jp/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.
Contact
Media Inquiries:
KIOXIA Corporation
Sales Strategic Planning Division
Koji Takahata
Tel: +81-3-6478-2404
Source : Kioxia Corporation
--BERNAMA
TOKYO, Nov 14 (Bernama-BUSINESS WIRE) -- The next generation of automotive systems are hungry for more. More advanced information & entertainment and ADAS[2] systems. More storage for event data recording. Support for more 3D mapping. In a move that makes ‘more’ a reality, KIOXIA Corporation today announced that it has begun sampling the industry’s first 512 gigabyte (GB) Automotive Universal Flash Storage[3] (UFS) JEDEC® Version 2.1 embedded memory solution. KIOXIA’s Automotive UFS supports a wide temperature range (-40°C to +105°C), meets AEC-Q100 Grade2[4] requirements and offers the extended reliability required by various automotive applications. The 512GB device joins the company’s existing lineup of Automotive UFS, which includes capacities of 16GB, 32GB, 64GB, 128GB and 256GB.
Innovations such as autonomous vehicles, more advanced automotive information & entertainment systems, digital clusters, telematics and ADAS provide not only an elevated driver experience but also a greater demand for storage within vehicles.
To meet this demand for large capacity memory, KIOXIA’s new 512GB Automotive UFS memory was developed, which integrates the company’s BiCS FLASH™ 3D flash memory and a controller in a single package. 512GB Automotive UFS features several functions well-suited to the requirements of automotive applications including “Refresh”, “Thermal Control” and “Extended Diagnosis”. The “Refresh” function can be used to refresh data stored in UFS and helps extend the data’s lifespan. The “Thermal Control” function protects the device from overheating in the high-temperature circumstances that can occur in automotive applications. Lastly, the “Extended Diagnosis” function helps the host processor easily understand the device’s status.
Notes
[1] Source: KIOXIA Corporation, as of November 14, 2019.
[2] ADAS: Advanced Driving Assistant System
[3] Universal Flash Storage (UFS) is a trademark and product category for a class of embedded memory products built to the JEDEC UFS standard specification. JEDEC is a registered trademark of JEDEC Solid State Technology Association.
[4] Electrical component qualification requirements defined by the AEC (Automotive Electronics Council).
*Sample specifications may differ from mass production parts.
*In every mention of a KIOXIA product: Product density is identified based on the density of memory chip(s) within the Product, not the amount of memory capacity available for data storage by the end user. Consumer-usable capacity will be less due to overhead data areas, formatting, bad blocks, and other constraints, and may also vary based on the host device and application. For details, please refer to applicable product specifications. The definition of 1Gb = 2^30 bits = 1,073,741,824 bits. The definition of 1GB = 2^30 bytes = 1,073,741,824 bytes.
* Company names, product names, and service names mentioned herein may be trademarks of their respective companies.
About KIOXIA:
KIOXIA is a world leader in memory solutions, dedicated to the development, production and sales of flash memory and solid state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. KIOXIA is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. KIOXIA's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.
Customer Inquiries:
KIOXIA Corporation
Memory Sales & Marketing Division
Tel: +81-3-6478-2423
https://business.kioxia.com/en-jp/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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191113006021/en/
Contact
Media Inquiries:
KIOXIA Corporation
Sales Strategic Planning Division
Koji Takahata
Tel: +81-3-6478-2404
Source : Kioxia Corporation
--BERNAMA
Friday, November 22, 2019
GALERI PETRONAS SHOWCASES DISTINCTIVE CULTURAL EXPRESSIONS FOR ITS YEAR END EXHIBITION
KUALA LUMPUR, Nov 22 (Bernama) -- Rediscover the cultural links among China, India, Indonesia, Malaysia, Myanmar and Thailand through Crafting Artistry Exhibition, GALERI PETRONAS’ final exhibition for 2019, focusing on a region situated at the crossroads of the maritime silk and spice road.
Distinctive exhibits such as textile, fibre, wood, ceramic and metal, drawn from common cultural roots, namely China and India, demonstrate how artistic influence from the two major civilisations spread to Malaysia and its South-East Asian neighbours.
According to guest curator Edric Ong: “For hundreds of years, the inter-regional exchange through trade, migration and the spread of religions have had a profound influence on the expression of Asian arts and crafts, evolving within each country into their own unique characters.”
The exhibition was launched by Yang Di-Pertua, Association of Wives and Women Staff of PETRONAS (PETRONITA), Puan Sri Dr Azura Ahmad Tajuddin, who said in her speech: “Through the gallery, PETRONAS provides a platform for expressing views and opinions on issues relating to humanity while promoting art as a universal language that transcends man-made barriers. Such endeavour is hoped to foster closer relations among the people of Malaysia, including with those from other nations, by creating a better understanding of one another's cultures, lifestyles, beliefs and practices through art.”
Also present was PETRONAS Senior General Manager, Group Strategic Communications, Zahariah (Liza) Abdul Rahman who said in her welcoming remarks: “As a global energy and solutions company, deep understanding and appreciation of diverse cultures are paramount. PETRONAS continues to foster and strengthen intercultural relationships and understanding through the exhibition and specially-developed interpretative programmes.”
Crafting Artistry Exhibition is currently open for public viewing at GALERI PETRONAS on Level 3, Suria KLCC until December 29, 2019. Admission is free.
Photo 1: Live painting showcasing tepak sirih custom by young emerging artist Ain Rahman.
Photo 2: ASEAN Handicraft Promotion and Development Association (AHPADA) Honorary Secretary General, Elaine Chan explaining the culture and crafts associated with betel nut chewing practices to guests.
Photo 3: Participating collector, Ernst Chin, shares about Chinese pottery and the practice of Chinese tea drinking ceremony to guests during the exhibition curatorial walkthrough.
Issued by
Media Engagement
Group Strategic Communications
PETRONAS
About CRAFTING ARTISTRY Exhibition
Crafting Artistry: A Journey Along the Maritime Silk and Spice Road is GALERI PETRONAS’ final exhibition for 2019. It is an exhibition that brings together distinctive cultural expressions of six countries - China, India, Indonesia, Malaysia, Myanmar and Thailand.
It seeks to rediscover links drawn from a common root of influence, namely China and India, and how they have spread to the South East Asian region, through the trade and migration routes on land and by sea.
Therefore, by showcasing traditional and contemporary art forms, the exhibition not only celebrates the cultural strength that has perpetuated but also highlights the creative imaginings of artists and craftsmen of each country.
About GALERI PETRONAS
GALERI PETRONAS was established by PETRONAS in 1992 to promote, develop and preserve modern and contemporary arts in Malaysia by providing a versatile, world-class venue for Malaysian and international artists to showcase their works and inspire thought-leadership. Among the leading corporate galleries in Southeast Asia, GALERI PETRONAS aims to make art accessible, enjoyable and engaging to the public and will continue to enthral audiences with exciting exhibitions and programmes. Since its inception, GALERI PETRONAS has played an instrumental role in nurturing creativity, innovative ideas, and critical thinking through arts.
GALERI PETRONAS has received almost two million visitors since it opened its doors 27 years ago to the public through hosting numerous local and international exhibitions.
Located on Level 3, Suria KLCC, GALERI PETRONAS is open from Tuesday to Sunday, from 10:00 am – 8:00 pm.
www.instagram.com/galeripetronas
www.facebook.com/GALERIPETRONAS
http://mrem.bernama.com/viewsm.php?idm=36208
Distinctive exhibits such as textile, fibre, wood, ceramic and metal, drawn from common cultural roots, namely China and India, demonstrate how artistic influence from the two major civilisations spread to Malaysia and its South-East Asian neighbours.
According to guest curator Edric Ong: “For hundreds of years, the inter-regional exchange through trade, migration and the spread of religions have had a profound influence on the expression of Asian arts and crafts, evolving within each country into their own unique characters.”
The exhibition was launched by Yang Di-Pertua, Association of Wives and Women Staff of PETRONAS (PETRONITA), Puan Sri Dr Azura Ahmad Tajuddin, who said in her speech: “Through the gallery, PETRONAS provides a platform for expressing views and opinions on issues relating to humanity while promoting art as a universal language that transcends man-made barriers. Such endeavour is hoped to foster closer relations among the people of Malaysia, including with those from other nations, by creating a better understanding of one another's cultures, lifestyles, beliefs and practices through art.”
Also present was PETRONAS Senior General Manager, Group Strategic Communications, Zahariah (Liza) Abdul Rahman who said in her welcoming remarks: “As a global energy and solutions company, deep understanding and appreciation of diverse cultures are paramount. PETRONAS continues to foster and strengthen intercultural relationships and understanding through the exhibition and specially-developed interpretative programmes.”
Crafting Artistry Exhibition is currently open for public viewing at GALERI PETRONAS on Level 3, Suria KLCC until December 29, 2019. Admission is free.
Photo 1: Live painting showcasing tepak sirih custom by young emerging artist Ain Rahman.
Photo 2: ASEAN Handicraft Promotion and Development Association (AHPADA) Honorary Secretary General, Elaine Chan explaining the culture and crafts associated with betel nut chewing practices to guests.
Photo 3: Participating collector, Ernst Chin, shares about Chinese pottery and the practice of Chinese tea drinking ceremony to guests during the exhibition curatorial walkthrough.
Issued by
Media Engagement
Group Strategic Communications
PETRONAS
About CRAFTING ARTISTRY Exhibition
Crafting Artistry: A Journey Along the Maritime Silk and Spice Road is GALERI PETRONAS’ final exhibition for 2019. It is an exhibition that brings together distinctive cultural expressions of six countries - China, India, Indonesia, Malaysia, Myanmar and Thailand.
It seeks to rediscover links drawn from a common root of influence, namely China and India, and how they have spread to the South East Asian region, through the trade and migration routes on land and by sea.
Therefore, by showcasing traditional and contemporary art forms, the exhibition not only celebrates the cultural strength that has perpetuated but also highlights the creative imaginings of artists and craftsmen of each country.
About GALERI PETRONAS
GALERI PETRONAS was established by PETRONAS in 1992 to promote, develop and preserve modern and contemporary arts in Malaysia by providing a versatile, world-class venue for Malaysian and international artists to showcase their works and inspire thought-leadership. Among the leading corporate galleries in Southeast Asia, GALERI PETRONAS aims to make art accessible, enjoyable and engaging to the public and will continue to enthral audiences with exciting exhibitions and programmes. Since its inception, GALERI PETRONAS has played an instrumental role in nurturing creativity, innovative ideas, and critical thinking through arts.
GALERI PETRONAS has received almost two million visitors since it opened its doors 27 years ago to the public through hosting numerous local and international exhibitions.
Located on Level 3, Suria KLCC, GALERI PETRONAS is open from Tuesday to Sunday, from 10:00 am – 8:00 pm.
www.instagram.com/galeripetronas
www.facebook.com/GALERIPETRONAS
http://mrem.bernama.com/viewsm.php?idm=36208
CHRISTMAS DREAMS COME TRUE! FLIGHT TICKETS GIVEAWAY THROUGHOUT DECEMBER AT R&F MALL JB
Experience Magical Snowfall, together with Giant Christmas Tree, European Style Christmas Market and many more
JOHOR BAHRU, Nov 22 (Bernama) -- What’s your wish list to Santa Claus during this festive season? A White Christmas? An overseas vacation? A family trip for free? Make your way to R&F Mall JB for a memorable visit this year, as this centralized located mall is making everyone’s dream comes true with – exciting and exclusive surprises include AirAsia flights, OPPO smartphones, free stays at Hard Rock Hotel Desaru Coast, a trip to Universal Studios Singapore and Hello Kitty Town every day in December!
There is a total of RM100,000 worth of prizes lined up every day in December for lucky shoppers! With every RM100 spend in a single receipt, R&F Mall shoppers will be entitled to participate in the ‘Dream Comes True Advent Calendar’ daily lucky draw, and get the chance to win AirAsia flights to Japan, Maldives, China, Thailand, and many other countries!
What’s more? A wide range of Christmas themed activities will kick start from 22nd November until 31st December, when R&F Mall is glammed up for the festive season with lots of fairy lights and beautiful Christmas decorations. The shoppers will get to catch the enchanting snowfall moments daily, take photos with a 3-storey-height giant Christmas Tree, meet & greet with Santa, and be entertained by Christmas carolling! Meanwhile, young kids get to jump into a giant ball pools and have fun throughout the campaign period!
“We want to make everyone’s dream comes true as a perfect wrap up of year 2019.” said Daphne Tan, Marketing Director of R&F Mall JB.
Here’s an endless series of Christmassy activities from 22nd November until 31st December 2019 at R&F Mall:
- ‘Dream Comes True Advent Calendar’ Draw: Get the chance to win from the best Advent Calendar Draw in town. Every day in December, a lucky shopper will win a prize from our special Advent Calendar Draw, ranging from free OPPO smartphones, hotel stays, entrance tickets of international theme parks, to free AirAsia flights! Would it be you? Let’s find out!
- Giant Christmas Tree: Come and witness the 3-storey-height, beautifully embellished Christmas tree. It will be your best Christmas-themed selfie spot in JB!
- Magical Snowfall: R&F Mall is bringing falling snow to Johor Bahru, happening every day at 8pm (More sessions during weekends). Experience a dream-like moment with your friends and families!
- Giant Ball Pool: Which kid doesn’t like ball pool? It will be a fascinating moment when diving into the specially built 10m x 10m massive ball pool filled with over 50,000 balls! Free entry from 10am to 10pm.
- Santa Claus Meet & Greet: Our Santa is generous enough to reward everyone a sweet treat, no matter you have been good or naughty this year!
- Gingerbread Men Decorating Workshop: Learn how to decorate the traditional festive cookie with sweets, ornaments or icing. Just be aware you might not bear to take a bite on this adorable little man!
- Christmas Carolling: What’s your jam? Be it traditional carols or Christmas pop songs, we’ve got you covered. Let’s get entertained at 7pm every weekend!
- Christmas Market: Come and visit the European style decorated market at indoor concourse. You will get to shop all you need for Christmas!
For more information on ‘A Christmas Dream Comes True’ celebrations, please visit https://www.facebook.com/RnFMallJB/ or it’s official website https://rnfmalljb.com/
http://mrem.bernama.com/viewsm.php?idm=36207
JOHOR BAHRU, Nov 22 (Bernama) -- What’s your wish list to Santa Claus during this festive season? A White Christmas? An overseas vacation? A family trip for free? Make your way to R&F Mall JB for a memorable visit this year, as this centralized located mall is making everyone’s dream comes true with – exciting and exclusive surprises include AirAsia flights, OPPO smartphones, free stays at Hard Rock Hotel Desaru Coast, a trip to Universal Studios Singapore and Hello Kitty Town every day in December!
There is a total of RM100,000 worth of prizes lined up every day in December for lucky shoppers! With every RM100 spend in a single receipt, R&F Mall shoppers will be entitled to participate in the ‘Dream Comes True Advent Calendar’ daily lucky draw, and get the chance to win AirAsia flights to Japan, Maldives, China, Thailand, and many other countries!
What’s more? A wide range of Christmas themed activities will kick start from 22nd November until 31st December, when R&F Mall is glammed up for the festive season with lots of fairy lights and beautiful Christmas decorations. The shoppers will get to catch the enchanting snowfall moments daily, take photos with a 3-storey-height giant Christmas Tree, meet & greet with Santa, and be entertained by Christmas carolling! Meanwhile, young kids get to jump into a giant ball pools and have fun throughout the campaign period!
“We want to make everyone’s dream comes true as a perfect wrap up of year 2019.” said Daphne Tan, Marketing Director of R&F Mall JB.
Here’s an endless series of Christmassy activities from 22nd November until 31st December 2019 at R&F Mall:
- ‘Dream Comes True Advent Calendar’ Draw: Get the chance to win from the best Advent Calendar Draw in town. Every day in December, a lucky shopper will win a prize from our special Advent Calendar Draw, ranging from free OPPO smartphones, hotel stays, entrance tickets of international theme parks, to free AirAsia flights! Would it be you? Let’s find out!
- Giant Christmas Tree: Come and witness the 3-storey-height, beautifully embellished Christmas tree. It will be your best Christmas-themed selfie spot in JB!
- Magical Snowfall: R&F Mall is bringing falling snow to Johor Bahru, happening every day at 8pm (More sessions during weekends). Experience a dream-like moment with your friends and families!
- Giant Ball Pool: Which kid doesn’t like ball pool? It will be a fascinating moment when diving into the specially built 10m x 10m massive ball pool filled with over 50,000 balls! Free entry from 10am to 10pm.
- Santa Claus Meet & Greet: Our Santa is generous enough to reward everyone a sweet treat, no matter you have been good or naughty this year!
- Gingerbread Men Decorating Workshop: Learn how to decorate the traditional festive cookie with sweets, ornaments or icing. Just be aware you might not bear to take a bite on this adorable little man!
- Christmas Carolling: What’s your jam? Be it traditional carols or Christmas pop songs, we’ve got you covered. Let’s get entertained at 7pm every weekend!
- Christmas Market: Come and visit the European style decorated market at indoor concourse. You will get to shop all you need for Christmas!
For more information on ‘A Christmas Dream Comes True’ celebrations, please visit https://www.facebook.com/RnFMallJB/ or it’s official website https://rnfmalljb.com/
http://mrem.bernama.com/viewsm.php?idm=36207
MPMA-DOW-SCIENTEX SEES INCREASED WASTE MANAGEMENT AWARENESS IN MELAKA YOUTH
MELAKA, Nov 15 (Bernama) -- The collaborative School Environmental Challenge, organized by The Malaysian Plastics Manufacturers Association (MPMA) with support from Dow Chemical Company and Scientex Berhad, increased the number of participating schools by more than five times since its launch in 2016, signifying a major shift in awareness on the issue of waste management amongst its participating youth.
The programme closed with an awards ceremony to celebrate the fourth consecutive School Environmental Challenge, awarding 34 schools in Alor Gajah, Melaka Tengah and Jasin, Melaka.
The Zero Waste Challenge, which is part of the overall programme, is designed to encourage students to re-think their relationship with waste. It introduced three elements – an education and awareness component; a #PullingOurWeight clean-up component; and a recyclables collection component. The elements are intended to guide students to understand the benefits of plastics, to address environmental issues related to plastics, and to take actions to manage plastics – through waste separation for recycling.
This year, MPMA expanded the programme module to be more forward-looking which emphasised plastics recycling as a core component of an effective waste management and circular economy, in line with its recent white paper titled “An Advanced Plastics Recycling Industry for Malaysia.”
SK Bukit Beringin from Alor Gajah won the “Zero Waste Challenge for the Primary School Category” and took home RM5,000. SK Air Baru from Jasin won RM4,000 for second place, while SJKC Notre Dame from Melaka Tengah won RM3,000 for third place.
SMK Naning from Alor Gajah won the “Zero Waste Challenge for the Secondary School Category” and took home RM5,000, SMK Tun Tuah from Melaka Tengah won RM4,000 for second place, while SMK Seri Mahkota from Jasin won RM3,000 for third place.
SOURCE: Millennium Associates Sdn Bhd
INITIAL HYGIENE MALAYSIA "LEAVES NO ONE BEHIND" IN DRIVING COMMUNITY AWARENESS ON HYGIENIC WASHROOM FOR WORLD TOILET DAY
KUALA LUMPUR, Nov 15 (Bernama) -- What will you do when you have the urge for nature’s call while out of your comfort home? Will you insist on finding clean public toilets, or just pinch your nose through while getting your “business” done at any nearest public toilet that are unkempt and dirty?
A report from New Straits Times says that 61% out of the 10K public toilet in Malaysia are a disgrace. Only a miserable 3% achieved 5-star ratings, while 10% are too terrible to get even 1-star. Even our Prime Minister, Tun Dr Mahathir commented that he avoids entering the public toilet. The dirty and foul-smelling environment is an embarrassment to everyone. Some of the common sights such as shoes marks heavily stained on the toilet seats, sanitary pads thrown on top of the sanitary bin instead of inside the bin or the hysteric bloody mess on the floor. Eventually public washrooms are labelled as unclean and unhygienic in Malaysia.
World Toilet Day (WTD) falls annually on the 19th of November. The theme for WTD 2019, “Leaving No One Behind”, aims to raise awareness of reducing cross-contamination related diseases and creating healthier communities. Leveraging on WTD driven efforts, it helps to close the sanitation gap with more sustainable access to sanitation services by 2022.
Everyone deserves access to clean and hygienic washrooms, and for sustenance efforts, these will need continuous support from all parties, especially the crucial role coming from employers and facility managers in providing complete and hygienic washroom facilities to internal employees and external visitors.
As a washroom user, we can contribute towards sustenance of clean and hygienic toilet by adopting simple washroom habits such as:-
● flushing after using the toilet,
● for men - aim right while doing your “business”,
● for ladies - ensure the sanitary pad is wrapped properly before disposing into the sanitary bin.
A report from New Straits Times says that 61% out of the 10K public toilet in Malaysia are a disgrace. Only a miserable 3% achieved 5-star ratings, while 10% are too terrible to get even 1-star. Even our Prime Minister, Tun Dr Mahathir commented that he avoids entering the public toilet. The dirty and foul-smelling environment is an embarrassment to everyone. Some of the common sights such as shoes marks heavily stained on the toilet seats, sanitary pads thrown on top of the sanitary bin instead of inside the bin or the hysteric bloody mess on the floor. Eventually public washrooms are labelled as unclean and unhygienic in Malaysia.
World Toilet Day (WTD) falls annually on the 19th of November. The theme for WTD 2019, “Leaving No One Behind”, aims to raise awareness of reducing cross-contamination related diseases and creating healthier communities. Leveraging on WTD driven efforts, it helps to close the sanitation gap with more sustainable access to sanitation services by 2022.
Everyone deserves access to clean and hygienic washrooms, and for sustenance efforts, these will need continuous support from all parties, especially the crucial role coming from employers and facility managers in providing complete and hygienic washroom facilities to internal employees and external visitors.
As a washroom user, we can contribute towards sustenance of clean and hygienic toilet by adopting simple washroom habits such as:-
● flushing after using the toilet,
● for men - aim right while doing your “business”,
● for ladies - ensure the sanitary pad is wrapped properly before disposing into the sanitary bin.
On the other hand, facilities management shall ensure the washroom amenities are adequately provided to employees and visitors, so everyone can practise simple washroom habits while keeping the washroom clean and hygienic at all times.
“Cross-contamination can easily happen as germs can be found anywhere. Hence, it is important to practice good washroom habits to prevent the spread of germs that could affect yourself and the people around you. As a responsible citizen of Malaysia, we have to play our role in keeping our toilets clean and hygienic, thus improving the hygiene standards in Malaysia” said Ms. Carol Lam, the Managing Director of Rentokil Initial Malaysia.
Initial Hygiene Malaysia, stepping up in our efforts to support World Toilet Day’s initiatives, promoting good washroom hygiene through the Hygiene Detective Campaign. Find out more here: http://bit.ly/hygienedetective2019.
About Rentokil Initial Malaysia
Rentokil Initial is part of an international network of over 70 countries with 35,500 colleagues, more than 100 years of combined experience, and a great track record of providing reliable and trustworthy services to businesses globally.
Established in Malaysia for over 50 years, we are the experts delivering essential services in areas such as hygiene and pest control - the foundation of businesses - so our customers can focus on what they do best. Rentokil Initial is characterised by efficient management that supports a national network across Malaysia. That means there's always a Rentokil Initial service technician nearby when a customer needs one - and that we have the range and depth of resources to provide consistent quality service to customers. This makes Rentokil Initial a trusted brand of many different customers ranging from residential, SMEs to large organisations.
For more information on our services, please contact:
Rentokil Pest Control : 1300 886 911
rentokil.com.my
Initial Hygiene : 1800 880 388
initial.com.my
SOURCE: Rentokil Initial (M) Sdn Bhd
“Cross-contamination can easily happen as germs can be found anywhere. Hence, it is important to practice good washroom habits to prevent the spread of germs that could affect yourself and the people around you. As a responsible citizen of Malaysia, we have to play our role in keeping our toilets clean and hygienic, thus improving the hygiene standards in Malaysia” said Ms. Carol Lam, the Managing Director of Rentokil Initial Malaysia.
Initial Hygiene Malaysia, stepping up in our efforts to support World Toilet Day’s initiatives, promoting good washroom hygiene through the Hygiene Detective Campaign. Find out more here: http://bit.ly/hygienedetective2019.
About Rentokil Initial Malaysia
Rentokil Initial is part of an international network of over 70 countries with 35,500 colleagues, more than 100 years of combined experience, and a great track record of providing reliable and trustworthy services to businesses globally.
Established in Malaysia for over 50 years, we are the experts delivering essential services in areas such as hygiene and pest control - the foundation of businesses - so our customers can focus on what they do best. Rentokil Initial is characterised by efficient management that supports a national network across Malaysia. That means there's always a Rentokil Initial service technician nearby when a customer needs one - and that we have the range and depth of resources to provide consistent quality service to customers. This makes Rentokil Initial a trusted brand of many different customers ranging from residential, SMEs to large organisations.
For more information on our services, please contact:
Rentokil Pest Control : 1300 886 911
rentokil.com.my
Initial Hygiene : 1800 880 388
initial.com.my
SOURCE: Rentokil Initial (M) Sdn Bhd
PHENOMICS HEALTH INC. ACQUIRES PATENTED PHARMACOMETABOLOMIC TECHNOLOGY
First Integrated Pharmacogenomics and Metabolomics Platform Offers Potential to Improve Patient Outcomes, Lower Costs in Medication Therapy
ANN ARBOR, Mich., Nov 22 (Bernama-BUSINESS WIRE) -- Phenomics Health Inc., a bioinformatics platform-based precision medicine company, today announced it has acquired the patented pharmacometabolomic technology portfolio of Precera Bioscience, based in Franklin, Tenn.
Phenomics Health plans to integrate the new technology with its own patented, advanced pharmacogenomics platform to offer healthcare providers a more complete view of patients’ potential and actual response to medications than is currently available.
To be marketed under the PrecīsMed brand and licensed to clinical laboratories and healthcare systems, this patented pharmacometabolomic technology enables detection, quantitative measurement, and comprehensive assessment of more than 200 medications in a patient’s bloodstream.
Combined with Phenomics Health’s technology, the resulting information from PrecīsMed will help clinicians personalize drug therapy by determining what medications and dose a patient is actually taking (whether prescribed or not), drug-drug interactions, and how genetics may impact the body’s ability to process those medications.
“This is the first time that both advanced pharmacogenomics and pharmacometabolomics platforms have come together under one roof,” said Dr. James S. Burns, co-founder, Chairman and President, Phenomics Health. “PrecīsMed could help improve patient treatment outcomes, avoid adverse drug reactions, and reduce patient treatment costs – the real definition of precision medicine.”
Current Medication Therapy Remains Ineffective
Studies have found that 33% of medications taken by patients are not in their medical record, and approximately 50% of prescribed medications are not taken at all. In addition, about 55% of medications are taken at levels outside of their prescribed range while another 50% experience significant drug interaction alerts arising from unknown medications.1,2,3,4
“Poor adherence to medication leads to increased morbidity and death and is estimated to incur costs of approximately $100 billion per year5,” according to a report published in the Mayo Clinic Proceedings.
Patients who suffer from comorbid disorders often require treatments with multiple medications, which can result in missed, wrong, or multiple dosages. Additionally, genetics can play a role in determining whether a medication is as effective as it could or should be, as well as disease state, drug-drug interactions, and socio-cultural or environmental conditions.
Clinical studies published in 2018 have demonstrated that PrecīsMed can accurately assess prescribing trends, medication adherence and electronic health record (EHR) coverage, as well as define medication concentrations in patients with comorbid disorders.6
Phenomics Health also plans to use the information gathered from de-identified patient population data to inform its machine learning and AI-based bioinformatics platform, which can be mined for present and future research.
How it Works
A patient’s blood sample is obtained using a simple finger stick. The sample would then be analyzed using Phenomics Health’s patented methods, algorithms, and data analytics to identify and measure medications in a patient’s bloodstream.
The PrecīsMed technology is applicable for identifying medications used in treating multiple patient disorders, including depression, anxiety, chronic pain, post-operative pain, opioid usage, cardiovascular and metabolic disease, diabetes, and hypertension.
“Our newly enhanced platform integrates Phenomics Health’s disease-drug response network discoveries and patient pharmacometabolomic profiles to enhance the precision and predictability of medication selection,” said Dr. Brian D. Athey, co-founder, Chief Science and Technology Officer, Phenomics Health. “The information gathered through its use could change the direction of how clinicians prescribe and manage medications, greatly improving a patient’s response.”
About Phenomics Health Inc.
Phenomics Health Inc. (PHI) is a bioinformatics platform-based precision medicine company using artificial intelligence and machine learning to translate advanced genetic, epigenetic, multi-omics, and health Big Data into novel pharmacological clinical treatment decision support products and services.
PHI’s proprietary Phenome Analytics Platform is designed to help clinicians and health systems select appropriate medications, drug combinations and doses that improve individual patient and population health outcomes while reducing adverse drug reactions. Discoveries from the University of Michigan Medical School, leading to exclusive licensed proprietary informatics technology, form the basis for Phenomics Health’s products and services.
Products and services developed by PHI will focus on variants in the non-coding domain of the human genome consisting of spatial, temporal, and mechanical regulatory mechanisms of gene regulation. A transformative understanding of regulatory genomics, the transcriptional hierarchy, and the structural dynamics of the nucleus has provided the ability to resolve previously unrecognized mechanisms of action across multiple therapeutic areas. Phenomics Health also provides contract and collaborative research services to test mechanisms and pathways for new or repurposed drugs.
For more information about Phenomics Health, please visit www.phenomicshealth.com.
Registered trademarks are the property of Phenomics Health Inc.
References:
1. BusinessWire. (2018, April 16). MediMergent and FDA Launch New Stakeholder Initiative against Medication Non-Adherence/Persistence Crisis [Press release]. Retrieved from https://bwnews.pr/2p6adS4
2. Data on File
3. Sabaté E, editor., ed. Adherence to Long-Term Therapies: Evidence for Action. Geneva, Switzerland: World Health Organization; 2003.
4. Lee JK, Grace KA, Taylor AJ. Effect of a pharmacy care program on medication adherence and persistence, blood pressure, and low-density lipoprotein cholesterol: a randomized controlled trial. JAMA. 2006;296(21):2563-2571
5. Osterberg L, Blaschke T. Adherence to medication. N Engl J Med. 2005;353(5):487-497 [PubMed] [Google Scholar]
6. JAMA Network Open. 2018;1(7):e184196. doi:10.1001/jamanetworkopen.2018.4196
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191122005027/en/
Contact
James S. Burns, Chairman & President
Phenomics Health Inc.
jburns@phenomicshealth.com
734.961.7211
Rick Miller
Rick Miller Communications
rick@rickmillercommunications.com
513.608.8463
Source : Phenomics Health Inc.
ANN ARBOR, Mich., Nov 22 (Bernama-BUSINESS WIRE) -- Phenomics Health Inc., a bioinformatics platform-based precision medicine company, today announced it has acquired the patented pharmacometabolomic technology portfolio of Precera Bioscience, based in Franklin, Tenn.
Phenomics Health plans to integrate the new technology with its own patented, advanced pharmacogenomics platform to offer healthcare providers a more complete view of patients’ potential and actual response to medications than is currently available.
To be marketed under the PrecīsMed brand and licensed to clinical laboratories and healthcare systems, this patented pharmacometabolomic technology enables detection, quantitative measurement, and comprehensive assessment of more than 200 medications in a patient’s bloodstream.
Combined with Phenomics Health’s technology, the resulting information from PrecīsMed will help clinicians personalize drug therapy by determining what medications and dose a patient is actually taking (whether prescribed or not), drug-drug interactions, and how genetics may impact the body’s ability to process those medications.
“This is the first time that both advanced pharmacogenomics and pharmacometabolomics platforms have come together under one roof,” said Dr. James S. Burns, co-founder, Chairman and President, Phenomics Health. “PrecīsMed could help improve patient treatment outcomes, avoid adverse drug reactions, and reduce patient treatment costs – the real definition of precision medicine.”
Current Medication Therapy Remains Ineffective
Studies have found that 33% of medications taken by patients are not in their medical record, and approximately 50% of prescribed medications are not taken at all. In addition, about 55% of medications are taken at levels outside of their prescribed range while another 50% experience significant drug interaction alerts arising from unknown medications.1,2,3,4
“Poor adherence to medication leads to increased morbidity and death and is estimated to incur costs of approximately $100 billion per year5,” according to a report published in the Mayo Clinic Proceedings.
Patients who suffer from comorbid disorders often require treatments with multiple medications, which can result in missed, wrong, or multiple dosages. Additionally, genetics can play a role in determining whether a medication is as effective as it could or should be, as well as disease state, drug-drug interactions, and socio-cultural or environmental conditions.
Clinical studies published in 2018 have demonstrated that PrecīsMed can accurately assess prescribing trends, medication adherence and electronic health record (EHR) coverage, as well as define medication concentrations in patients with comorbid disorders.6
Phenomics Health also plans to use the information gathered from de-identified patient population data to inform its machine learning and AI-based bioinformatics platform, which can be mined for present and future research.
How it Works
A patient’s blood sample is obtained using a simple finger stick. The sample would then be analyzed using Phenomics Health’s patented methods, algorithms, and data analytics to identify and measure medications in a patient’s bloodstream.
The PrecīsMed technology is applicable for identifying medications used in treating multiple patient disorders, including depression, anxiety, chronic pain, post-operative pain, opioid usage, cardiovascular and metabolic disease, diabetes, and hypertension.
“Our newly enhanced platform integrates Phenomics Health’s disease-drug response network discoveries and patient pharmacometabolomic profiles to enhance the precision and predictability of medication selection,” said Dr. Brian D. Athey, co-founder, Chief Science and Technology Officer, Phenomics Health. “The information gathered through its use could change the direction of how clinicians prescribe and manage medications, greatly improving a patient’s response.”
About Phenomics Health Inc.
Phenomics Health Inc. (PHI) is a bioinformatics platform-based precision medicine company using artificial intelligence and machine learning to translate advanced genetic, epigenetic, multi-omics, and health Big Data into novel pharmacological clinical treatment decision support products and services.
PHI’s proprietary Phenome Analytics Platform is designed to help clinicians and health systems select appropriate medications, drug combinations and doses that improve individual patient and population health outcomes while reducing adverse drug reactions. Discoveries from the University of Michigan Medical School, leading to exclusive licensed proprietary informatics technology, form the basis for Phenomics Health’s products and services.
Products and services developed by PHI will focus on variants in the non-coding domain of the human genome consisting of spatial, temporal, and mechanical regulatory mechanisms of gene regulation. A transformative understanding of regulatory genomics, the transcriptional hierarchy, and the structural dynamics of the nucleus has provided the ability to resolve previously unrecognized mechanisms of action across multiple therapeutic areas. Phenomics Health also provides contract and collaborative research services to test mechanisms and pathways for new or repurposed drugs.
For more information about Phenomics Health, please visit www.phenomicshealth.com.
Registered trademarks are the property of Phenomics Health Inc.
References:
1. BusinessWire. (2018, April 16). MediMergent and FDA Launch New Stakeholder Initiative against Medication Non-Adherence/Persistence Crisis [Press release]. Retrieved from https://bwnews.pr/2p6adS4
2. Data on File
3. Sabaté E, editor., ed. Adherence to Long-Term Therapies: Evidence for Action. Geneva, Switzerland: World Health Organization; 2003.
4. Lee JK, Grace KA, Taylor AJ. Effect of a pharmacy care program on medication adherence and persistence, blood pressure, and low-density lipoprotein cholesterol: a randomized controlled trial. JAMA. 2006;296(21):2563-2571
5. Osterberg L, Blaschke T. Adherence to medication. N Engl J Med. 2005;353(5):487-497 [PubMed] [Google Scholar]
6. JAMA Network Open. 2018;1(7):e184196. doi:10.1001/jamanetworkopen.2018.4196
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191122005027/en/
Contact
James S. Burns, Chairman & President
Phenomics Health Inc.
jburns@phenomicshealth.com
734.961.7211
Rick Miller
Rick Miller Communications
rick@rickmillercommunications.com
513.608.8463
Source : Phenomics Health Inc.
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