KUALA LUMPUR, Feb 21 -- Mobile security leader Lookout Inc has announced a record fiscal year ended Jan 31, 2020, with growth in enterprise customers driven by strong demand for its Phishing, App Defence and Mobile Endpoint Security solutions.
According to a statement, all these are powered by the Lookout Security cloud, the world’s largest mobile dataset.
“Our growth across all customer segments resulted in a remarkable year for our business. In addition to strong customer growth, our low churn rate demonstrates that enterprises see us as their trusted, long-term partner in security,” said the chief executive officer of Lookout, Jim Dolce.
To meet the growing demand for mobile threat defence internationally, Lookout also significantly expanded its global footprint last year, moving its London office and Dutch European headquarters to larger locations and opening new offices in Italy and Sweden.
Meanwhile, in APAC, Lookout has added to its leadership ranks to further grow its presence in Australia and New Zealand, Japan and Singapore. Lookout App Defence also saw strong momentum in the financial services industry globally.
Expanded strategic partnerships and new product integrations with industry leaders including Google, Microsoft and VMware further demonstrated strong adoption of solutions for Post-Perimeter Security and the need to secure enterprises from the growing threats inherent in a mobile-first workforce.
Additional business highlights and industry recognition include the Lookout Security Cloud dataset which has reached over 100 million apps and 180 million devices analysed, launching a solution with Microsoft, and Lookout having been added to Google App Defence Alliance.
More details at www.lookout.com.
-- BERNAMA
Friday, February 28, 2020
BEST'S COMMENTARY: SOUTH KOREA REGULATION CHANGE BRINGS SOLVENCY SOLUTION TO PRIMARY INSURERS, OPPORTUNITIES TO REINSURERS
HONG KONG, Feb 27 (Bernama-BUSINESS WIRE) -- A regulatory change in South Korea permitting co-insurance to be used as a type of reinsurance arrangement may unlock opportunities and alternative capital sources for insurers, while reinsurers may benefit from greater business opportunities, according to a new AM Best report.
Previously, only risk premiums may be ceded to reinsurers under the Insurance Business Act. The change in regulation now allows for risk transfers associated with other types of risks, such as risks from future interest rate changes and policy cancellations, both of which stem from savings premiums under South Korean regulatory definitions. The new Best’s Commentary, titled, “South Korea Regulation Change Brings Solvency Solution to Primary Insurers and Opportunities to Reinsurance Market,” states that with the new amendment, a new source of capital may help to provide solvency relief for life and non-life primary insurers with large interest rate risk exposures as they prepare for the upcoming implementations of both IFRS 17 accounting standards, and a more stringent risk-based capital (RBC) regime — the Korea Insurance Capital Standard — and likely will translate into a positive for primary insurers’ credit profiles.
http://mrem.bernama.com/viewsm.php?idm=36829
Previously, only risk premiums may be ceded to reinsurers under the Insurance Business Act. The change in regulation now allows for risk transfers associated with other types of risks, such as risks from future interest rate changes and policy cancellations, both of which stem from savings premiums under South Korean regulatory definitions. The new Best’s Commentary, titled, “South Korea Regulation Change Brings Solvency Solution to Primary Insurers and Opportunities to Reinsurance Market,” states that with the new amendment, a new source of capital may help to provide solvency relief for life and non-life primary insurers with large interest rate risk exposures as they prepare for the upcoming implementations of both IFRS 17 accounting standards, and a more stringent risk-based capital (RBC) regime — the Korea Insurance Capital Standard — and likely will translate into a positive for primary insurers’ credit profiles.
http://mrem.bernama.com/viewsm.php?idm=36829
Tuesday, February 25, 2020
Malaysian among 115 youth representatives visiting Japan for exchange programme
KUALA LUMPUR, Feb 24 — A total of 115 youth representatives, who are the members of National Youth (U-19) and officials of the Football Associations of four ASEAN countries and Timor-Leste, are visiting Japan from today to March 4.
The four ASEAN countries are Cambodia, Lao PDR, Malaysia and Myanmar, according to a statement.
The visit is part of Japan’s Friendship Ties Programmes, ‘JENESYS 2019’, promoted by Japan’s Ministry of Foreign Affairs.
The participants will visit Kagoshima Prefecture for international friendly football matches. They will also have a programme to interact with Japanese high school students, have lectures on the theme, and visit theme-related facilities such as the Japan Football Museum.
The participants will visit Kagoshima Prefecture for international friendly football matches. They will also have a programme to interact with Japanese high school students, have lectures on the theme, and visit theme-related facilities such as the Japan Football Museum.
Via the programme, it is hoped the friendly relationship among Japan, the four ASEAN countries and Timor-Leste will be strengthened, and the participants will proactively share Japan’s attractions which they have experienced upon returning to their home country.
The programme is intended to promote people-to-people exchanges between Japan and the various nations and Asia-Pacific regions. It also encourages an understanding of Japan’s economics, society, history, diverse culture, politics and diplomatic relations among participants.
— BERNAMA
Monday, February 24, 2020
Unisys to present at Air Cargo India conference next week
KUALA LUMPUR, Feb 19 -- Unisys Corporation, a global information technology company has announced its cargo industry director, Niranjan Navaratnarajah will present at the Air Cargo India conference on Feb 26 in Mumbai.
He will discuss why a fundamental cultural change is essential for the air cargo industry to remain nimble, economically viable and combat escalating physical and data security threats.
“In the increasingly competitive air cargo industry, the whole ecosystem spanning airlines, warehouses, freight forwarders, booking agents, customs and road/rail transport must accelerate its digital transformation to be more efficient and remain economically viable,” said Navaratnarajah.
“Some players have made great strides in adopting new technologies, from online marketplaces, to IoT and drones. However, for most of the industry, a fundamental cultural change is required to evolve and create a truly connected supply chain.”
Navaratnarajah has cited three areas where cultural change was required in air cargo, namely, make inventory visible across multiple sales channels to create new business models, focus on both data and physical security, and respond to market demand for specialised cargo.
Reducing shipment dwell time in warehouses is key to improving efficiency. Smarter processes in the warehouse are a first step, but the industry also needs to develop new channels to market.
Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry. Its cargo solutions are used by many of the world's leading carriers, who collaborate via the Unisys Cargo User Group.
More details at www.unisys.com.
-- BERNAMA
He will discuss why a fundamental cultural change is essential for the air cargo industry to remain nimble, economically viable and combat escalating physical and data security threats.
“In the increasingly competitive air cargo industry, the whole ecosystem spanning airlines, warehouses, freight forwarders, booking agents, customs and road/rail transport must accelerate its digital transformation to be more efficient and remain economically viable,” said Navaratnarajah.
“Some players have made great strides in adopting new technologies, from online marketplaces, to IoT and drones. However, for most of the industry, a fundamental cultural change is required to evolve and create a truly connected supply chain.”
Navaratnarajah has cited three areas where cultural change was required in air cargo, namely, make inventory visible across multiple sales channels to create new business models, focus on both data and physical security, and respond to market demand for specialised cargo.
Reducing shipment dwell time in warehouses is key to improving efficiency. Smarter processes in the warehouse are a first step, but the industry also needs to develop new channels to market.
Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry. Its cargo solutions are used by many of the world's leading carriers, who collaborate via the Unisys Cargo User Group.
More details at www.unisys.com.
-- BERNAMA
Mary Kay names Monique Coleman first-ever Pink Changing Lives Honoree
KUALA LUMPUR, Feb 18 -- Mary Kay Inc, a long-time leader in global female empowerment has named Monique Coleman as its first-ever Pink Changing Lives Honoree.
According to a statement, Pink Changing Lives is Mary Kay’s global commitment to celebrate individuals and organisations that improve women and girls’ lives worldwide.
It has supported more than three million women and their families by partnering with over 2,000 organisations and donating over US$15 million. (US$1 = RM4.14)
Mary Kay’s Pink Changing Lives cause empowerment programme to donate funds to organisations focused on supporting cancer research, helping end hunger, protecting survivors from domestic abuse and beautifying communities, among others.
This year, Mary Kay has created the Pink Changing Lives Honoree programme to celebrate influential women worldwide who change lives and history for the better.
Long before Coleman first graced the silver screen as Taylor McKessie in Disney’s High School Musical, she was a young girl with big dreams of changing the world. Coleman is an advocate for improving the social and economic well-being of young people, most notably being appointed the first United Nations Youth Champion in 2010.
As Youth Champion, Coleman raised awareness around the most serious challenges facing young women the world over, including poverty, domestic violence and lack of educational resources.
Over the years, Coleman has supported various charities including Thirst Project, She’s The First, Global Kids, Lollipop Theater, Better Youth, WeDay, Playworks, Allstate Foundation, and UN Foundation’s Girl Up Campaign.
-- BERNAMA
HOLISTIC KPMG ASEAN SCHOLARSHIP DESIGNED FOR UNDERGRADUATES TO GAIN CROSS BORDER EXPERIENCE
KPMG calls for young Malaysians to unleash their potential
PETALING JAYA, Feb 21 (Bernama) -- The KPMG ASEAN Scholarship, a regional scholarship program, is once again open until 20 March 2020 for outstanding Malaysian undergraduates to apply. The scholarship provides funding and employment opportunities in four ASEAN nations alongside Malaysia: Indonesia, Thailand, Cambodia and Vietnam. KPMG is the first of the Big 4 professional services firms to offer such program in the region, which was established in 2015.
Eligible scholars who are keen on getting first-hand corporate experience or have interest in acquiring structured cross-border experiences are encouraged to apply. Exceptional undergraduates who are currently in their first or second year of their degree program in any discipline are welcome.
Adrian Lee, Head of People at KPMG in Malaysia, explains “KPMG’s ASEAN Scholarship program enables undergraduates to engage with people from different countries while learning employable skillsets that will benefit them when they graduate and join the workforce. Selected applicants will have the opportunity to broaden their experience with two internships; one with the Malaysia firm and the other within one of the four participating member firms in ASEAN.
“Last year, we received over 460 applicants from various universities across Malaysia and through rigorous selection, have supported five promising graduates from Malaysia to stretch their potential to grow and become leaders of the future.” Adrian added.
Scholars will receive an annual scholarship grant of RM12,000 per annum and allowance for internships abroad. This program also offers employment prospects for excellent scholars upon graduation.
KPMG’s structured program is supported by three pillars – professional development, strategic engagement and social connection – where KPMG’s ASEAN Scholars can anticipate diverse learning and development opportunities.
From the 2017 cohort, local scholar, Natasha Bong Sue Yan, who graduated last year, explained how her internship in Singapore has allowed her to grow outside of her comfort zone.
“I was in my second year of studies at the time of my internship and I was privileged to be able to meet clients from various engagements. This allowed me to gain insights on how different industries function and I brought this knowledge to the classroom. This experience helped to expand my learning curve, especially in areas of customer centric operations.
“I am also thankful for the support system that I received during my internship as my managers and peers were supportive and willing to guide me through, which made me felt appreciated. In the course of my internship, I was able to integrate along with other ASEAN Scholars and we were able to participate in one of the firm’s Corporate Citizenship initiatives, which was a great platform to interact with the community,” shared Natasha, who will be commencing as an Associate with the Strategy and Operations department at KPMG in Singapore in March.
Currently in his last semester pursuing his bachelor’s degree in Finance, Accounting and Management, Mohammad Uqail Esa, expressed that it was an honour to be selected as he feels this is a jump start to his dream career in the field of audit.
“I look forward to be able to contribute and learn throughout the KPMG ASEAN scholarship program as I anticipate working alongside colleagues and other ASEAN scholars from different countries. To me, that is the epitome of diversity and inclusion,” said Uqail who will be embarking on his career journey with KPMG in Malaysia.
Throughout this program, scholars will be mentored by senior members of staff and management to ensure that they have an all-inclusive experience working at KPMG. Upon joining this program, they are also eligible to access employee benefits such as Flexible Working Arrangements, rapid career advancement and the chance to participate in CSR activities that contribute towards improving the communities.
KPMG PLT
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. The history of KPMG in Malaysia can be traced back to 1928. KPMG PLT, a limited liability partnership established under Malaysian law, is a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. The independent member firms of the KPMG network are affiliated with KPMG International. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
SOURCE: KPMG PLT
PETALING JAYA, Feb 21 (Bernama) -- The KPMG ASEAN Scholarship, a regional scholarship program, is once again open until 20 March 2020 for outstanding Malaysian undergraduates to apply. The scholarship provides funding and employment opportunities in four ASEAN nations alongside Malaysia: Indonesia, Thailand, Cambodia and Vietnam. KPMG is the first of the Big 4 professional services firms to offer such program in the region, which was established in 2015.
Eligible scholars who are keen on getting first-hand corporate experience or have interest in acquiring structured cross-border experiences are encouraged to apply. Exceptional undergraduates who are currently in their first or second year of their degree program in any discipline are welcome.
Adrian Lee, Head of People at KPMG in Malaysia, explains “KPMG’s ASEAN Scholarship program enables undergraduates to engage with people from different countries while learning employable skillsets that will benefit them when they graduate and join the workforce. Selected applicants will have the opportunity to broaden their experience with two internships; one with the Malaysia firm and the other within one of the four participating member firms in ASEAN.
“Last year, we received over 460 applicants from various universities across Malaysia and through rigorous selection, have supported five promising graduates from Malaysia to stretch their potential to grow and become leaders of the future.” Adrian added.
Scholars will receive an annual scholarship grant of RM12,000 per annum and allowance for internships abroad. This program also offers employment prospects for excellent scholars upon graduation.
KPMG’s structured program is supported by three pillars – professional development, strategic engagement and social connection – where KPMG’s ASEAN Scholars can anticipate diverse learning and development opportunities.
From the 2017 cohort, local scholar, Natasha Bong Sue Yan, who graduated last year, explained how her internship in Singapore has allowed her to grow outside of her comfort zone.
“I was in my second year of studies at the time of my internship and I was privileged to be able to meet clients from various engagements. This allowed me to gain insights on how different industries function and I brought this knowledge to the classroom. This experience helped to expand my learning curve, especially in areas of customer centric operations.
“I am also thankful for the support system that I received during my internship as my managers and peers were supportive and willing to guide me through, which made me felt appreciated. In the course of my internship, I was able to integrate along with other ASEAN Scholars and we were able to participate in one of the firm’s Corporate Citizenship initiatives, which was a great platform to interact with the community,” shared Natasha, who will be commencing as an Associate with the Strategy and Operations department at KPMG in Singapore in March.
Currently in his last semester pursuing his bachelor’s degree in Finance, Accounting and Management, Mohammad Uqail Esa, expressed that it was an honour to be selected as he feels this is a jump start to his dream career in the field of audit.
“I look forward to be able to contribute and learn throughout the KPMG ASEAN scholarship program as I anticipate working alongside colleagues and other ASEAN scholars from different countries. To me, that is the epitome of diversity and inclusion,” said Uqail who will be embarking on his career journey with KPMG in Malaysia.
Throughout this program, scholars will be mentored by senior members of staff and management to ensure that they have an all-inclusive experience working at KPMG. Upon joining this program, they are also eligible to access employee benefits such as Flexible Working Arrangements, rapid career advancement and the chance to participate in CSR activities that contribute towards improving the communities.
Application for the KPMG ASEAN Scholarship closes on 20 March 2020. To view the eligibility criteria and to apply, visit www.kpmg.com.my/aseanscholarship
KPMG PLT
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. The history of KPMG in Malaysia can be traced back to 1928. KPMG PLT, a limited liability partnership established under Malaysian law, is a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. The independent member firms of the KPMG network are affiliated with KPMG International. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
SOURCE: KPMG PLT
Saturday, February 22, 2020
SUPERCRYPTONEWS LAUNCHING PAPER TRADING COMPETITION WITH BTC REWARDS
SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) -- SuperCryptoNews, Asia’s leading blockchain and cryptocurrency media, has officially partnered with Roostoo to launch a paper trading competition that rewards actual Bitcoin (BTC) to the top traders at the end of the competition. For the first time, users can expect to win up to 0.5 BTC and more in a trading competition which no capital is required. Besides the initial reward of 0.5 BTC, the reward pool grows as more participants join the competition.
“Our role in this niche but growing industry as a blockchain technology and cryptocurrency investment media is crucial. We take it upon ourselves to provide accurate and educational information for newcomers to easily access this community while serving the existing enthusiasts. Especially when it comes to trading, the inertia to take the first step is strong due to the mainstream media’s portrayal of how volatile and risky cryptocurrency trading could be. Usually, in trading competitions, participants are also expected to deposit their own money which results, in turn, depends on the capital they have,” explains Varut Vanichayakosol, Managing Editor of SuperCryptoNews.
“We’ve decided to launch this simulated trading competition with pre-allocated capital to incentivise everyone to explore trading in cryptocurrencies with no risk. At the same time, they could also win actual prizes in cryptocurrency. We hope that this would be the first step to introducing digital assets trading to new users and letting them know that they do not have to be afraid of exploring it.”
Registration will begin from 24th February (GMT+8) on its official news website and the competition will run from 7th March to 5th April 2020.
About SuperCryptoNews
SuperCryptoNews is Asia’s leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.
http://mrem.bernama.com/viewsm.php?idm=36783
“Our role in this niche but growing industry as a blockchain technology and cryptocurrency investment media is crucial. We take it upon ourselves to provide accurate and educational information for newcomers to easily access this community while serving the existing enthusiasts. Especially when it comes to trading, the inertia to take the first step is strong due to the mainstream media’s portrayal of how volatile and risky cryptocurrency trading could be. Usually, in trading competitions, participants are also expected to deposit their own money which results, in turn, depends on the capital they have,” explains Varut Vanichayakosol, Managing Editor of SuperCryptoNews.
“We’ve decided to launch this simulated trading competition with pre-allocated capital to incentivise everyone to explore trading in cryptocurrencies with no risk. At the same time, they could also win actual prizes in cryptocurrency. We hope that this would be the first step to introducing digital assets trading to new users and letting them know that they do not have to be afraid of exploring it.”
Registration will begin from 24th February (GMT+8) on its official news website and the competition will run from 7th March to 5th April 2020.
About SuperCryptoNews
SuperCryptoNews is Asia’s leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.
http://mrem.bernama.com/viewsm.php?idm=36783
Wednesday, February 19, 2020
CHIBA PREF. GOV'T SOLICITING TOURISTS TO PICK STRAWBERRIES, INCLUDING CHI-BA+BERRY, AT LOCAL FARMS
AsiaNet 82912
CHIBA, Japan, Feb. 18, 2020 /Kyodo JBN-AsiaNet/ --
CHIBA, Japan, Feb. 18, 2020 /Kyodo JBN-AsiaNet/ --
| As part of its spring tourism promotion campaign, the Chiba Prefectural Government is soliciting tourists to visit local strawberry farms to pick and eat locally grown strawberries, including the "CHI-BA+BERRY" variety, an original species developed in Chiba Prefecture and marketed since January 2017. It can be eaten only in the prefecture. At many of over 100 strawberry farms in the prefecture, numerous varieties of strawberries are being grown, allowing visitors to taste different types of strawberries. Among them, CHI-BA+BERRY features a big size and beautiful appearance as well as sweet and delicious taste. Chiba Prefecture is highly accessible for inbound tourists as it hosts Narita International Airport, a major gateway to Japan, and has a warm climate. The prefecture hopes that as many people as possible will come to enjoy CHI-BA+BERRY as the spring season when numerous flowers bloom arrives shortly. http://mrem.bernama.com/viewsm.php?idm=36761 |
TRAX MOVES CLOSER TO ITS VISION OF DIGITIZING PHYSICAL RETAIL WITH QOPIUS ACQUISITION
SINGAPORE, Feb 18 (Bernama-BUSINESS WIRE) — Trax, a leading provider of computer vision and analytics solutions for retail, today announced its acquisition of Qopius, a top provider of AI-based in-store technology solutions in Europe. The acquisition will serve as a force multiplier in pushing real-time store monitoring and autonomous inventory management into mainstream adoption, helping retailers across the world embrace data and digital innovation to cut costs and boost sales at every shelf.
Retailers and consumer goods manufacturers around the world leverage Trax’s in-store execution and retail analytics solutions to better manage on-shelf availability and optimize merchandising. These solutions are powered by proprietary fine-grained image recognition algorithms which convert photos of retail shelves into granular, actionable shelf and store-level insights.
Qopius’ hardware-agnostic computer vision platform helps retailers monitor in real-time on-shelf inventory for out of stocks, compliance, inventory levels and price integrity at scale. Their platform leverages advanced retail data integration and analytics to empower store managers and staff to take the right action at the right time for streamlined store operations and higher sales. Qopius’ customers include leading retailers such as Carrefour, Metro and MediaMarktSaturn Retail Group.
Computer Vision Saves Retailers from Costly In-Store Execution Issues
Trax’s acquisition of Qopius comes at a time when exceptional customer experience has become the rallying call of every retail executive. A 2019 research study by Trax and Coresight found that 8 in 10 of these executives believe consistent in-store execution – which entails the improvement of issues such as out of shelf or misplaced items, planogram non-compliance and pricing errors – remains the biggest impediment to customer satisfaction. Only 32% of respondents had the right data to monitor how long an item was missing from shelves, while 52% of respondents said they were planning to adopt image recognition technology within the next two years.
Trax CEO and co-founder Joel Bar-El said, “The key to retail success in the new decade is using technology to support employees. This means capturing critical shelf data in real-time to enable employees to fix merchandising and availability issues faster than ever before. Qopius’ proven expertise in digitizing supermarket shelves across Europe and phenomenal talent make it a strategic fit for Trax. We are truly excited to welcome Qopius to the Trax family.”
Taconic Biosciences' humanised mouse model now offers cancer treatments in Europe
KUALA LUMPUR, Feb 17 -- Taconic Biosciences’ humanised immune system mice models are now being produced in Europe, helping to create effective new treatments against various cancer forms.
According to a statement, the production provides European drug discovery researchers with easier access to this critical oncology research tool.
Taconic’s humanised models are built upon the NOG Portfolio, a suite of immunodeficient mice that support engraftment and/or differentiation of various human immune cells.
Both the huNOG and huNOG-EXL models are now available for off-the-shelf sales from local European inventory.
“The human immune system is incredibly complex and immuno-oncology may be the starkest example of how animal models contribute to scientific breakthroughs by helping researchers understand, and even leverage that complexity,” said Taconic commercial models vice-president, Dr Michael Seiler.
“It is only when these great tools are combined with the right scientific expertise do we see success. Taconic leverages internal expertise plus external collaborations to provide insightful data on these critical models.”
According to the American Cancer Society, there will be 1.8 million new cancer diagnoses this year. Thus, the global bio-pharmaceutical industry continues its focus, specifically on cancer and immuno-oncology.
-- BERNAMA
According to a statement, the production provides European drug discovery researchers with easier access to this critical oncology research tool.
Taconic’s humanised models are built upon the NOG Portfolio, a suite of immunodeficient mice that support engraftment and/or differentiation of various human immune cells.
Both the huNOG and huNOG-EXL models are now available for off-the-shelf sales from local European inventory.
“The human immune system is incredibly complex and immuno-oncology may be the starkest example of how animal models contribute to scientific breakthroughs by helping researchers understand, and even leverage that complexity,” said Taconic commercial models vice-president, Dr Michael Seiler.
“It is only when these great tools are combined with the right scientific expertise do we see success. Taconic leverages internal expertise plus external collaborations to provide insightful data on these critical models.”
According to the American Cancer Society, there will be 1.8 million new cancer diagnoses this year. Thus, the global bio-pharmaceutical industry continues its focus, specifically on cancer and immuno-oncology.
-- BERNAMA
GIP announces Hillbrook Partners' team participation
KUALA LUMPUR, Feb 14 -- Global Infrastructure Partners (GIP) has announced that Hillbrook Partners’ team, including its founding partners Charles Roast and Justin Symonds, have joined GIP in London.
They will focus on infrastructure investments in the transportation sector, according to a statement.
“We are pleased that Charles, Justin and their team are joining GIP as we continue to invest in our best in class team,” said GIP chairman and managing partner, Bayo Ogunlesi.
“Their expertise and experience in the Transport industry will further enhance GIP’s capabilities as we identify opportunities to deliver attractive returns for our investors by investing in and managing high-quality infrastructure assets in the sector.”
Hillbrook Partners, which was formed in 2013 has provided independent mergers and acquisitions advice to its clients, with a particular focus on investments in transport assets including airports, ports, rail and road infrastructure.
Speaking about the move, Hillbrook’s founding partners commented: “We have enjoyed working with our clients on a variety of interesting and complex transport transactions and we believe our move to GIP will enable us to work with them in new and different ways.”
GIP is a leading independent global infrastructure investor. More details at www.global-infra.com.
-- BERNAMA
They will focus on infrastructure investments in the transportation sector, according to a statement.
“We are pleased that Charles, Justin and their team are joining GIP as we continue to invest in our best in class team,” said GIP chairman and managing partner, Bayo Ogunlesi.
“Their expertise and experience in the Transport industry will further enhance GIP’s capabilities as we identify opportunities to deliver attractive returns for our investors by investing in and managing high-quality infrastructure assets in the sector.”
Hillbrook Partners, which was formed in 2013 has provided independent mergers and acquisitions advice to its clients, with a particular focus on investments in transport assets including airports, ports, rail and road infrastructure.
Speaking about the move, Hillbrook’s founding partners commented: “We have enjoyed working with our clients on a variety of interesting and complex transport transactions and we believe our move to GIP will enable us to work with them in new and different ways.”
GIP is a leading independent global infrastructure investor. More details at www.global-infra.com.
-- BERNAMA
Monday, February 17, 2020
37TH NIWANO PEACE PRIZE AWARDED TO SOUTH KOREAN ZEN MASTER, VENERABLE POMNYUN
TOKYO, Feb. 17, 2020 /Kyodo JBN-AsiaNet/ —
The Niwano Peace Foundation will award the 37th Niwano Peace Prize to the Venerable Pomnyun, a South Korean Zen master, in recognition of his extraordinary humanitarian work, environmental and social activism, and his inspiring effort to build relationships of trust and goodwill between those of different faiths and cultures.
An award presentation ceremony will take place in Tokyo on June 3. In addition to an award certificate, Ven. Pomnyun will receive a medal and a cash prize of 20 million yen.
His Buddhist organization, Jungto Society, a community based on the teachings and principles of Buddhism, is dedicated to addressing modern problems that drive suffering, including environmental degradation, poverty, and violent conflict. His international aid organization, Join Together Society, has sought to eradicate poverty and hunger through humanitarian relief and sustainable development initiatives in North Korea, India, etc.
In selecting Ven. Pomnyun as a recipient for 2020, the Niwano Peace Prize Committee said he “has demonstrated a long and broad commitment to advancing peace within a Buddhist framework, in partnership with those of other faiths,” particularly Christianity. The committee also was “impressed with his focus on work outside Korea, on behalf of those of other faiths” such as Muslims in Mindanao, the Philippines; Hindus and others in India; and Rohingya in Myanmar/Bangladesh.
Niwano Peace Prize:
The Niwano Peace Foundation established the Niwano Peace Prize to honor and encourage individuals and organizations that have contributed significantly to inter-religious cooperation, thereby furthering the cause of world peace, and to make their achievements known as widely as possible. The foundation hopes in this way both to enhance inter-religious understanding and cooperation and to encourage the emergence of still more persons devoted to working for world peace. The prize is named in honor of the founder and first president of the lay Buddhist organization Rissho Kosei-kai, Nikkyo Niwano.
The Niwano Peace Foundation established the Niwano Peace Prize to honor and encourage individuals and organizations that have contributed significantly to inter-religious cooperation, thereby furthering the cause of world peace, and to make their achievements known as widely as possible. The foundation hopes in this way both to enhance inter-religious understanding and cooperation and to encourage the emergence of still more persons devoted to working for world peace. The prize is named in honor of the founder and first president of the lay Buddhist organization Rissho Kosei-kai, Nikkyo Niwano.
Niwano Peace Foundation:
The Niwano Peace Foundation was chartered in 1978 to contribute to the realization of world peace and the enhancement of a culture of peace. The foundation promotes research and other activities based on the spirit of religious principles and serves the cause of peace in such fields as education, science, religion and philosophy.
The Niwano Peace Foundation was chartered in 1978 to contribute to the realization of world peace and the enhancement of a culture of peace. The foundation promotes research and other activities based on the spirit of religious principles and serves the cause of peace in such fields as education, science, religion and philosophy.
SOURCE: Niwano Peace Foundation
Contact:
(Mr.) Seiji Hironaka/(Ms.) Natsuki Kudo
Niwano Peace Foundation
Tel: +81-3-3226-4371
Fax: +81-3-3226-1835 info@npf.or.jp
http://www.npf.or.jp/english/
(Mr.) Seiji Hironaka/(Ms.) Natsuki Kudo
Niwano Peace Foundation
Tel: +81-3-3226-4371
Fax: +81-3-3226-1835 info@npf.or.jp
http://www.npf.or.jp/english/
AM BEST AFFIRMS CREDIT RATINGS OF THE HOLLARD INSURANCE COMPANY PTY LTD
SINGAPORE, Feb 14 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of The Hollard Insurance Company Pty Ltd (HIC) (Australia). The outlook of these Credit Ratings (ratings) is stable.
These ratings reflect HIC’s balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The company’s balance sheet strength assessment is underpinned by its unconsolidated risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which improved to the very strong level in fiscal-year 2019. AM Best views HIC to have robust financial flexibility, which was demonstrated in recent years through a combination of capital injections totaling AUD 50 million and the issuance of AUD 40 million in subordinated debt for fiscal-years 2018-2019. These actions, combined with full earnings retention, have bolstered HIC’s capital adequacy and supported growth in its underwriting operations. Other balance sheet considerations include the company’s adequate reserving approach, reliance on reinsurance and its exposure to illiquid investments arising from equity holdings in affiliated underwriting agencies. AM Best’s balance sheet strength analysis also incorporates a neutral holding company impact following an assessment of consolidated risk-adjusted capitalization at HIC’s immediate parent, Hollard Holdings Australia Pty Ltd. (HHA).
AM Best views HIC’s operating performance as adequate. On an unconsolidated basis, the company has reported operating profits in each of the past five years (fiscal-years 2015-2019), with an average return-on-equity ratio of 5.9%. The company’s equity holdings in strategic and associated underwriting agencies have supported robust, albeit variable, investment returns, which are a key driver of overall earnings at present. HIC’s combined ratio has exhibited an improving trend over recent years, driven by expense ratio improvements as a result of increased operational scale. The combined ratio improved to 99.9% for fiscal-year 2019, compared with 107.0% for fiscal-year 2015 (as calculated by AM Best). As HIC prepares financial statements on an unconsolidated basis, HHA’s consolidated performance also has been considered as part of the operating performance assessment. HHA consolidates the operations of HIC, and all its controlled strategic investments in underwriting agencies.
http://mrem.bernama.com/viewsm.php?idm=36742
These ratings reflect HIC’s balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The company’s balance sheet strength assessment is underpinned by its unconsolidated risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which improved to the very strong level in fiscal-year 2019. AM Best views HIC to have robust financial flexibility, which was demonstrated in recent years through a combination of capital injections totaling AUD 50 million and the issuance of AUD 40 million in subordinated debt for fiscal-years 2018-2019. These actions, combined with full earnings retention, have bolstered HIC’s capital adequacy and supported growth in its underwriting operations. Other balance sheet considerations include the company’s adequate reserving approach, reliance on reinsurance and its exposure to illiquid investments arising from equity holdings in affiliated underwriting agencies. AM Best’s balance sheet strength analysis also incorporates a neutral holding company impact following an assessment of consolidated risk-adjusted capitalization at HIC’s immediate parent, Hollard Holdings Australia Pty Ltd. (HHA).
AM Best views HIC’s operating performance as adequate. On an unconsolidated basis, the company has reported operating profits in each of the past five years (fiscal-years 2015-2019), with an average return-on-equity ratio of 5.9%. The company’s equity holdings in strategic and associated underwriting agencies have supported robust, albeit variable, investment returns, which are a key driver of overall earnings at present. HIC’s combined ratio has exhibited an improving trend over recent years, driven by expense ratio improvements as a result of increased operational scale. The combined ratio improved to 99.9% for fiscal-year 2019, compared with 107.0% for fiscal-year 2015 (as calculated by AM Best). As HIC prepares financial statements on an unconsolidated basis, HHA’s consolidated performance also has been considered as part of the operating performance assessment. HHA consolidates the operations of HIC, and all its controlled strategic investments in underwriting agencies.
http://mrem.bernama.com/viewsm.php?idm=36742
Saturday, February 15, 2020
Synchronoss’ Personal Cloud Solution integrates into Assurant Pocket Geek platform
KUALA LUMPUR, Feb 14 -- Synchronoss’ Personal Cloud Solution has been fully integrated with Pocket Geek by Assurant, providing an enhanced device and content protection solution to a leading North American carrier.
This follows the announcement through a statement by Synchronoss Technologies Inc, a global leader and innovator of cloud, messaging, digital and IoT products.
Assurant Inc chose Synchronoss’ Personal Cloud Platform to add value to its mobile device protection offerings, improve the customer experience and create new revenue opportunities for clients.
The now-completed integration means Assurant clients will be able to conveniently back up all personal data from their devices via Assurant’s Pocket Geek device protection application.
Customers will be able to protect and restore their content in case of device damage or loss as well as access new, valuable features such as highlights, flashback, tag and search, photo editing, and photo printing capabilities.
More details at www.synchronoss.com
-- BERNAMA
This follows the announcement through a statement by Synchronoss Technologies Inc, a global leader and innovator of cloud, messaging, digital and IoT products.
Assurant Inc chose Synchronoss’ Personal Cloud Platform to add value to its mobile device protection offerings, improve the customer experience and create new revenue opportunities for clients.
The now-completed integration means Assurant clients will be able to conveniently back up all personal data from their devices via Assurant’s Pocket Geek device protection application.
Customers will be able to protect and restore their content in case of device damage or loss as well as access new, valuable features such as highlights, flashback, tag and search, photo editing, and photo printing capabilities.
More details at www.synchronoss.com
-- BERNAMA
Winners of 2019 Tommy Hilfiger Fashion Frontier Challenge revealed
KUALA LUMPUR, Feb 14 -- Apon Wellbeing and A Beautiful Mess have been declared the winners of the 2019 Tommy Hilfiger Fashion Frontier Challenge, announced by Tommy Hilfiger.
A Bangladesh-based scale-up, Apon Wellbeing was awarded €75,000. It opens fair-priced shops, carrying daily necessities inside factories, with products offered at a 10 per cent discount to external prices and a points scheme that workers collect for free health insurance and health services. (€1 = RM4.49)
A Beautiful Mess, a Dutch start-up, was also awarded €75,000. It runs a creative space to assist refugees in realising social and economic independence by creating sustainable apparel products.
The winners also received a year-long mentorship with Tommy Hilfiger’s and INSEAD’s global experts, as well as a place in the INSEAD Social Entrepreneurship Programme.
A third start-up, Sudara, was selected as the ‘Audience Favorite Vote’ and was awarded €10,000. Based in India and the United States, Sudara is a scale-up pajama and loungewear company that develops professional and sewing skills in women.
Over 400 applications were received for the second edition of the global programme, which aims to support entrepreneurial start-up and scale-up stage businesses developing solutions that promote inclusive and positive change in fashion.
-- BERNAMA
Friday, February 14, 2020
VISTAJET CONTINUES ITS PARTNERSHIP WITH SCUDERIA FERRARI FOR THE 2020 FORMULA ONE WORLD CHAMPIONSHIP
Supporting the team’s travel through shared values of speed, excellence, passion and innovation
LONDON, Feb 13 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, announces its partnership with the Scuderia Ferrari team for the second year running as its Official Supplier of private jet travel.
With the ever-demanding race calendar and often only days between Grands Prix, the team faces challenging timelines. VistaJet will support the team to optimize their travel and transfer times throughout the 2020 Formula One season. In an industry where speed and efficiency are fundamental, the Scuderia Ferrari team will further utilize time off track to arrive in optimum condition.
Having raced competitively with Ferrari for many years and as an official driver in the FIA World Endurance Championship, WEC, VistaJet’s Founder and Chairman Thomas Flohr knows the demands of racing and the intense focus required to perform under such pressure.
Announcing the partnership, Thomas Flohr said: “I am incredibly proud to be supporting the most iconic and successful racing team in the world for a second year. Innovation, technology and a focus on efficiency are values we share with them. VistaJet will continue to provide the Scuderia Ferrari team with seamless travel, to ensure their focus is on what is important – the competition on the track. I am excited to see what the 2020 season holds for Sebastain Vettel, Charles Leclerc and the whole Ferrari team. Forza Ferrari!”
VistaJet places the utmost importance on service and operational excellence. On its owned fleet of over 70 aircraft, VistaJet has completed over 174,000 flights globally, safely flying over 436,000 passengers to more than 1,900 airports worldwide.
www.vistajet.com/ferrari
http://mrem.bernama.com/viewsm.php?idm=36728
LONDON, Feb 13 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, announces its partnership with the Scuderia Ferrari team for the second year running as its Official Supplier of private jet travel.
With the ever-demanding race calendar and often only days between Grands Prix, the team faces challenging timelines. VistaJet will support the team to optimize their travel and transfer times throughout the 2020 Formula One season. In an industry where speed and efficiency are fundamental, the Scuderia Ferrari team will further utilize time off track to arrive in optimum condition.
Having raced competitively with Ferrari for many years and as an official driver in the FIA World Endurance Championship, WEC, VistaJet’s Founder and Chairman Thomas Flohr knows the demands of racing and the intense focus required to perform under such pressure.
Announcing the partnership, Thomas Flohr said: “I am incredibly proud to be supporting the most iconic and successful racing team in the world for a second year. Innovation, technology and a focus on efficiency are values we share with them. VistaJet will continue to provide the Scuderia Ferrari team with seamless travel, to ensure their focus is on what is important – the competition on the track. I am excited to see what the 2020 season holds for Sebastain Vettel, Charles Leclerc and the whole Ferrari team. Forza Ferrari!”
VistaJet places the utmost importance on service and operational excellence. On its owned fleet of over 70 aircraft, VistaJet has completed over 174,000 flights globally, safely flying over 436,000 passengers to more than 1,900 airports worldwide.
www.vistajet.com/ferrari
http://mrem.bernama.com/viewsm.php?idm=36728
OKCHAIN TESTNET NOW LIVE - WITH ITS FIRST DEFI APPLICATION OKEX DEX
VALLETTA, Malta, Feb 12 (Bernama-GLOBE NEWSWIRE) -- OKEx (www.okex.com), the world largest cryptocurrency spot and derivatives exchange, announced the launch of OKChain, an OKEx-owned commercial public blockchain, in order to contribute to the community with more decentralized applications. At the same time, OKEx also rolled out OKEx DEX, the first decentralized application based on OKChain. To ensure a better trading experience and liquidity, OKEx DEX supports real-time settlement in a trustless environment.
OKChain is a Cosmos SDK-based public chain developed by OKEx. It supports various decentralized applications and allows users to issue their own cryptocurrencies, create trading pairs, and trade freely on it. Thanks to its multi-chain structure, the efficiency and scaling of application development are significantly improved. OKChain separates data into three layers: block, operations and off-chain data, which can improve the system consensus speed and expand data dimensions on chain. Adopting a Delegated Proof of Stake (DPOS) consensus mechanism, OKEx has issued OKT as native token of OKChain. The issuance of OKT will be on the genesis block and node block, and is expected to increase by 1-5% every year. “We believe decentralized finance is the key to financial inclusion and financial freedom for all. That’s why we have longed for unleashing the power of DeFi. OKChain is huge milestone for us, meaning that we are now able to provide an open, low-cost, and autonomous ecosystem for everyone to enjoy the benefits blockchain and decentralization brings,” said Jay Hao, CEO of OKEx. “Blockchain development keeps bringing me new experiences and surprises. Today, when we talk about blockchain, it is way beyond just bitcoin and the major ERC-20 tokens. As a leading player in the industry, we hope OKChain will become an inspiration for more innovations and will attract more talents to join the blockchain revolution with us.” http://mrem.bernama.com/viewsm.php?idm=36723 |
AG&P, ADNOC L&S sign long-term charter for India's floating storage unit
KUALA LUMPUR, Feb 12 -- Atlantic Gulf & Pacific (AG&P) and ADNOC Logistics and Services (ADNOC L&S) have signed an agreement for the conversion, supply, operations and maintenance of a Floating Storage Unit (FSU) at AG&P’s new LNG import facility.
Located within Karaikal Port in Puducherry, India, the 137,756 cubic metre FSU owned by ADNOC L&S is being chartered for 15 years via an innovative commercial model enabling supply to be scaled to match demand.
According to AG&P in a statement, the construction on the terminal will begin in the first half of this year with commercial operations expected to commence before 2021-end.
ADNOC L&S will provide a Japan-built, Moss-type containment vessel as FSU for the project from its fleet of eight LNG ships.
The facility will have an initial capacity of one million tonnes per annum (MTPA) which will be expanded to three MTPA in the medium term as demand increases.
It will serve domestic, industrial and commercial customers within a 500km radius, including the heavily industrialised region of central Tamil Nadu, which has major manufacturing clusters for the fertiliser, cement, steel, textile, leather, sugar and garment industries.
In addition, it will serve gas-fired power plants as well as AG&P’s own extensive city gas distribution network across South India.
The Karaikal FSU will be only the fourth FSU-based LNG import terminal in the world, after those in Malta, Malaysia and Bahrain.
-- BERNAMA
Thursday, February 13, 2020
FRONTLINE INTERNATIONAL EXPANDS IN SINGAPORE AND MALAYSIA
Distributor named; new government grant covers half of customer cost
CLEVELAND, Feb 12 (Bernama-BUSINESS WIRE) -- Frontline International continues its worldwide expansion by announcing a new partnership with Mii Foodservice for distribution in Singapore and Malaysia. In addition, Frontline’s Smart Oil Management® solutions have been approved for a Singaporean government grant program that can cover half of customers’ cost of equipment purchases.
Frontline is a global leader in cooking oil management solutions, helping to create safer workplaces, provide brand protection, and automate the complex science of fried-food quality. The company manufactures equipment for handling fresh oil, filtration, and used oil to help customers manage, monitor, and make money from their cooking oil.
Wednesday, February 12, 2020
Teledyne e2v continues developing high science market CCD detectors
KUALA LUMPUR, Feb 11 -- Teledyne e2v shared it would continue its role as a long-term partner in the development, fabrication and supply of CCD detectors to the high science market.
According to a statement, this includes space exploration, Earth observation and ground-based scientific endeavours in the fields of microscopy, spectroscopy and astronomy.
As a longstanding supplier to the European Space Agency, NASA, ESO and JAXA, e2v understands well the required diligence of delivering science-level visible detection to an environment where detectors and systems simply must work.
While other technology companies have migrated to CMOS technology over continuing development of CCD technology, Teledyne Imaging via e2v, and with Teledyne DALSA’s foundry in Bromont, Canada, will continue to supply high quality, mission critical CCD detectors to enable the most demanding of imaging applications.
The group will also continue to invest in complementary technologies such as CMOS, x-ray, spectroscopy and infrared technologies, providing a well-balanced set of business lines to address a growing customer base across existing and emerging markets.
Teledyne e2v is a part of the Teledyne Imaging group. Their innovations lead developments in healthcare, life sciences, space, transportation, defence and security as well as industrial markets.
-- BERNAMA
According to a statement, this includes space exploration, Earth observation and ground-based scientific endeavours in the fields of microscopy, spectroscopy and astronomy.
As a longstanding supplier to the European Space Agency, NASA, ESO and JAXA, e2v understands well the required diligence of delivering science-level visible detection to an environment where detectors and systems simply must work.
While other technology companies have migrated to CMOS technology over continuing development of CCD technology, Teledyne Imaging via e2v, and with Teledyne DALSA’s foundry in Bromont, Canada, will continue to supply high quality, mission critical CCD detectors to enable the most demanding of imaging applications.
The group will also continue to invest in complementary technologies such as CMOS, x-ray, spectroscopy and infrared technologies, providing a well-balanced set of business lines to address a growing customer base across existing and emerging markets.
Teledyne e2v is a part of the Teledyne Imaging group. Their innovations lead developments in healthcare, life sciences, space, transportation, defence and security as well as industrial markets.
-- BERNAMA
HGI's Credit Ratings placed under review with negative implications - AM Best
KUALA LUMPUR, Feb 11 -- AM Best has placed under review with negative implications the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ for Hanwha General Insurance Company Limited (HGI) South Korea.
The under review status follows HGI’s public disclosure on Jan 31, of a consolidated net loss of KRW 69 billion (US$59 million) for its preliminary fiscal-year 2019 results. (US$1 = RM4.14)
HGI has maintained consistent profitability since 2014, although a deterioration in results was observed from 2018, according to a statement.
The deterioration in HGI’s underwriting performance since 2018 was due mainly to inadequate pricing, consequently leading to its inability to catch up with increasing loss costs and expenses in auto and long-term insurance business lines.
While its bottom line had been supported by a stable stream of investment income, which helped mitigate underwriting volatility, the company is also expected to report sizeable impairment losses of KRW 25 billion (US$21 million) from its securities holdings for 2019.
HGI is seeking ways to improve its underwriting profitability, including rate increases for its auto and medical indemnity insurance lines, product restructuring and tighter underwriting.
AM Best will continue to hold discussions with HGI’s management team on its capital and business plans to assess the company’s medium-term balance sheet strength in order to resolve the under review with negative implications status.
Negative Credit Rating actions could occur if HGI’s projected risk-adjusted capitalisation over the medium term decreases to a level that no longer supports the current balance sheet assessment, or if its interest coverage remains insufficient to meet interest commitments.
More details at www.ambest.com.
-- BERNAMA
Tuesday, February 11, 2020
Odakyu Group Early Spring Campaign offers 10,000 coupons for foreign travellers
KUALA LUMPUR, Feb 10 -- The Odakyu Group, led by one of Japan's major private railway companies, Odakyu Electric Railway Co Ltd is launching the ‘Odakyu Group Early Spring Campaign’ beginning today, until March 10.
According to a statement, this is part of the company’s efforts to offer foreign visitors to fully enjoy their trips to tourist spots along the Odakyu Line, including Hakone.
The campaign is designed to give 10,000 of 500-yen (RM18.87) coupons as a present to each traveller who buys a designated discount pass. (100 yen = RM 3.78)
The discount passes which are available at Odakyu Sightseeing Service Center in Tokyo's Shinjuku Station are Hakone Freepass, Hakone Kamakura Pass and Fuji Hakone Pass.
The coupons can be used for shopping and eating as well as buying souvenirs at Odakyu Group facilities in Shinjuku, Hakone and the Enoshima-Kamakura area.
More details at https://www.odakyu.jp/english/earlyspringcampaign/
-- BERNAMA
According to a statement, this is part of the company’s efforts to offer foreign visitors to fully enjoy their trips to tourist spots along the Odakyu Line, including Hakone.
The campaign is designed to give 10,000 of 500-yen (RM18.87) coupons as a present to each traveller who buys a designated discount pass. (100 yen = RM 3.78)
The discount passes which are available at Odakyu Sightseeing Service Center in Tokyo's Shinjuku Station are Hakone Freepass, Hakone Kamakura Pass and Fuji Hakone Pass.
The coupons can be used for shopping and eating as well as buying souvenirs at Odakyu Group facilities in Shinjuku, Hakone and the Enoshima-Kamakura area.
More details at https://www.odakyu.jp/english/earlyspringcampaign/
-- BERNAMA
Jabil launches largest healthcare manufacturing solutions provider
KUALA LUMPUR, Feb 4 -- Jabil Inc has announced the consolidation of its entire healthcare organisation under Jabil Healthcare, led by chief executive officer and executive vice-president, Steve Borges.
Jabil Healthcare combines, under a single umbrella, Nypro with its Orthopedics, Spine, Trauma and associated medical instruments operations.
“As a united team with a clear mission, we are powerfully positioned to help our customers deliver high-quality, innovative products and services that improve patient outcomes,” said Borges.
With more than 35 global sites and nearly 20,000 employees serving the leading brands in healthcare, this powerful combination makes Jabil the largest healthcare manufacturing solutions provider.
Jabil Healthcare serves five key sectors in the healthcare market namely, medical devices, orthopedics, diagnostics, pharmaceutical delivery systems and consumer health, according to a statement.
The integrated line of capabilities across Jabil is brought to bear for its base of healthcare customers, from emerging start-ups to global enterprises.
Jabil Healthcare unifies the company’s medical industry know-how with deep cross-sector experience in injection molding, electronics, sensor integration and additive manufacturing to help healthcare brands accelerate and scale technology advancements.
More details at https://www.jabil.com.
-- BERNAMA
Jabil Healthcare combines, under a single umbrella, Nypro with its Orthopedics, Spine, Trauma and associated medical instruments operations.
“As a united team with a clear mission, we are powerfully positioned to help our customers deliver high-quality, innovative products and services that improve patient outcomes,” said Borges.
With more than 35 global sites and nearly 20,000 employees serving the leading brands in healthcare, this powerful combination makes Jabil the largest healthcare manufacturing solutions provider.
Jabil Healthcare serves five key sectors in the healthcare market namely, medical devices, orthopedics, diagnostics, pharmaceutical delivery systems and consumer health, according to a statement.
The integrated line of capabilities across Jabil is brought to bear for its base of healthcare customers, from emerging start-ups to global enterprises.
Jabil Healthcare unifies the company’s medical industry know-how with deep cross-sector experience in injection molding, electronics, sensor integration and additive manufacturing to help healthcare brands accelerate and scale technology advancements.
More details at https://www.jabil.com.
-- BERNAMA
Monday, February 10, 2020
TIE THE KNOT YOUR WAY WITH HILTON HOTELS IN MALAYSIA
Personalise the celebration with 20% off wedding packages
KUALA LUMPUR, Malaysia, Feb 10 (Bernama-PRNewswire) -- The start of a new decade is the perfect time for couples to celebrate their love and set out on a new journey together. Over the years, wedding trends have seen pops of colour, extra-length veils, velvet decor, food art and more. 2020 however, is all about individuality and expression as Hilton Hotels in Malaysia will help couple to achieve their wedding dream through its 'Wedding Sale 2020'.
http://mrem.bernama.com/viewsm.php?idm=36703
Friday, February 7, 2020
NCH PRODUCTS TO ASSIST IN DEALING WITH 2019 NOVEL CORONAVIRUS-ACUTE RESPIRATORY DISEASE (2019-NCOV-ARD)
SINGAPORE, Feb 7 (Bernama-BUSINESS WIRE) -- NCH (www.nchasia.com) joins the world-wide community in fighting the current expansion of the novel coronavirus around Asia. NCH has had experience dealing with the SARS and H1N1 outbreaks, and like then, NCH wishes to share information on available products and useful tips on limiting the spread of the 2019 nCOV virus.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20200206006043/en/
Currently we know that proper surface disinfection is very important as well as proper handwashing and hand disinfection. The following products can aid in keeping yourself and surroundings clean.
Surface Disinfection:
• Everbrite Plus: a germicidal cleaner that is effective against 34 varieties of viruses, plus gram-positive and gram-negative bacteria including pseudomonas aeruginosa responsive for a wide variety of infections from UTI to the respiratory system. It is effective versus influenza A2 (Hong Kong virus), herpes simplex and AIDS. Everbrite Plus is recommended for cleaning, sanitizing, disinfecting, deodorizing all surfaces where plain water can be used. Everbrite Plus is free rinsing and can be used in food processing areas.
Hand Washing:
• Swoop: Liquid skin cleaner and conditioner. Removes hard to clean grime, grease, ink, carbon, etc. Can be used as body cleaner as well.
HVAC Building Sanitation: NCH recommends immediate AHU and FCU sanitation to help hinder the spread and growth of bacteria.
• SHINY SIDE: Non-acid coil cleaner to remove build-up of dirt and grime that can hinder proper air circulation.
• EVERBRITE PLUS: Spray on filters to control the spread of bacteria, mold or mildew.
• FAST ACT II: Controlled release drip pan microbiocide to control bacteria and slime growth.
Some useful tips:
1. Always wear a well fitted mask in public but do not touch mask surface.
2. All surfaces within a 2-meter radius of person showing respiratory diseases symptoms (cough and colds) are considered highly infectious. Do not touch your eyes, nose and mouth before washing or sanitizing hands.
3. Clean and disinfect all high traffic areas including doorknobs, handrails, and elevator buttons.
4. Change outdoor clothes immediately upon returning home. Consider disinfecting coats or wash after use.
NCH is here to serve. Let us all remain vigilant and practice proper personal sanitization and area disinfection. Contact us today at www.nchasia.com for an area sanitation assessment at no charge.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200206006043/en/
Contact
Mandy How
Marketing Manager
NCH Malaysia & Singapore
O: +60 3 7960 0580
M: +60 12 763 2408
E: mandy.how@nch.com
Source : NCH Asia
http://mrem.bernama.com/viewsm.php?idm=36692
EUROMONITOR LAUNCHES VIA: A NEW PRICING INTELLIGENCE SOLUTION
Helping organisations optimise pricing strategies with e-commerce data
LONDON, Feb 5 (Bernama-BUSINESS WIRE) -- Global e-commerce sales more than doubled to reach US$2 trillion in 2019 and are set to increase again to US$3.4 trillion by 2024, according to global market research company Euromonitor International.
“The growth of e-commerce across the global retail environment can’t be ignored. As more businesses go online to find their consumers, this creates unprecedented opportunities to gain deeper, actionable and real-time insights into their product assortment and pricing mix at a category, brand owner, brand and individual product level,” comments Lee Linthicum, research director at Euromonitor International.
http://mrem.bernama.com/viewsm.php?idm=36684
LONDON, Feb 5 (Bernama-BUSINESS WIRE) -- Global e-commerce sales more than doubled to reach US$2 trillion in 2019 and are set to increase again to US$3.4 trillion by 2024, according to global market research company Euromonitor International.
“The growth of e-commerce across the global retail environment can’t be ignored. As more businesses go online to find their consumers, this creates unprecedented opportunities to gain deeper, actionable and real-time insights into their product assortment and pricing mix at a category, brand owner, brand and individual product level,” comments Lee Linthicum, research director at Euromonitor International.
http://mrem.bernama.com/viewsm.php?idm=36684
Wednesday, February 5, 2020
March 31 sees Black Hat Asia 2020 returning to Singapore
KUALA LUMPUR, Feb 4 -- Black Hat has announced Briefings highlights for its upcoming Black Hat Asia event, taking place from March 31 to April 3 at the Marina Bay Sands, Singapore.
According to a statement, Black Hat Asia offers an immersive programme with research-based Briefings, hands-on Trainings, a Business Hall featuring leading solution providers and a collection of special programmes, spanning all levels of information security.
Black Hat Asia 2020 programme highlights include hacking industrial controllers; vulnerabilities discovered in Wi-Fi technology; Android hacks; a closer look into ZombieLoad (a Meltdown-type attack); and, a deep dive into privacy.
Due to high demand, Black Hat is bringing the Executive Summit back to Asia. On April 1, Asia’s notable security executives will attend the event, aimed towards security leaders and forward thinkers.
Prior to the Briefings, Black Hat Asia will offer four days of deeply technical, hands-on Training courses led by some of the brightest minds in the industry. This year’s trainings will span topics covering malware analysis, pentesting and others.
The top sponsors of Black Hat Asia 2020 include Diamond Sponsors (Infoblox, Qualys); Platinum Sponsor (KnowBe4); and, Gold Sponsors (Facebook, Jacobs, Mimecast, Recorded Future)
More details at https://www.blackhat.com/asia-20/briefings/schedule/index.html
-- BERNAMA
Solid Sphere Inc distributes Takeshobo Quest - POP TEAM EPIC ASSAULTS overseas
KUALA LUMPUR, Feb 3 -- Solid Sphere Inc, a game content developer for various platforms has begun distribution of an overseas version of the ‘Takeshobo Quest - POP TEAM EPIC ASSAULTS’ smartphone app.
According to a statement, Takeshobo Quest - POP TEAM EPIC ASSAULTS is an original kuso app based on the world view of Bkub Okawa's popular POP TEAM EPIC manga.
Supported by both iOS and Android devices, player attempts to clear stages by collecting Takeshobo employees and defeating Popuko and Pipimi.
Providing basic play for free, the app is available in countries namely, China (including Hong Kong and Macau), Taiwan, Korea, Singapore, Thailand, Vietnam, Malaysia and Indonesia.
More details at https://www.pptp.jp.
-- BERNAMA
Kioxia Corporation unveils device to support 5G-enabled applications
 |
| 5th-Generation BiCS FLASH(TM) (Photo: Business Wire) |
KUALA LUMPUR, Jan 31 -- Kioxia Corporation has developed a new device to fulfil ever-growing bit demands for emerging applications enabled by the new 5G networks, artificial intelligence and autonomous vehicles.
The new fifth-generation BiCS FLASH™ three-dimensional flash memory with a 112-layer vertically stacked structure can also be applied in traditional mobile devices as well as consumer and enterprise SSDs.
Kioxia, in a statement said the company planned to start shipping samples of the new device in the first quarter this year.
The new technology is able to reduce the cost per bit and increases the manufacturability of memory capacity per silicon wafer.
It can also improve interface speed by 50 per cent and offers higher programming performance and shorter read latency.
The device has a 512 gigabit (64 gigabytes) capacity with 3-bit-per-cell (triple-level cell, TLC) technology.
Jointly developed with Western Digital Corporation, the device will be manufactured at Kioxia’s Yokkaichi Plant and the newly-built Kitakami Plant in Japan.
-- BERNAMA
Tuesday, February 4, 2020
WRP ANNOUNCES NEW LEADERSHIP
KUALA LUMPUR, Jan 24 (Bernama) -- Less than a week after announcing a new line up of five Executive Directors, Thomas Philip Advocates and Solicitors (Thomas Philip), the lawyers acting on behalf of the current Board of Directors (BoD) of WRP Asia Pacific Sdn Bhd (WRP), today revealed the appointment of Leong Wai Leng as the President of WRP.
With extensive experience and expertise, Leong was selected based on his track record of managing WRP efficiently and honourably during his previous tenure with the company. The industry veteran is a much-respected figure in the rubber glove manufacturing field having risen through the ranks at WRP.
Founder and Managing Partner of Thomas Philip, Mathew Thomas Philip said, “The board of WRP means business. With the recent executive shake-up and new people in key management positions, the board is setting WRP on the right track and sending out all the right signals. This is what is needed to win back the confidence of investors, customers, workers and other stakeholders in WRP.”
“Leong’s appointment as the President is a highly anticipated announcement to activate the broad range of changes that are planned across WRP. His extensive experience in the industry and people management skills will assuredly be key to revive and future-proof WRP," he added.
Alongside this announcement, Thomas Philip also informed the appointment of Loong Mei Yin as the Executive Chairman and Michael Sng as the Co-Chairman of WRP. Thomas Philip has indicated that the BoD will progressively make changes through various aspects of the company, including its people, processes and procedures, to ensure expeditious and effective turnaround of WRP.
Source : Chimera Brand Relations Sdn Bhd
With extensive experience and expertise, Leong was selected based on his track record of managing WRP efficiently and honourably during his previous tenure with the company. The industry veteran is a much-respected figure in the rubber glove manufacturing field having risen through the ranks at WRP.
Founder and Managing Partner of Thomas Philip, Mathew Thomas Philip said, “The board of WRP means business. With the recent executive shake-up and new people in key management positions, the board is setting WRP on the right track and sending out all the right signals. This is what is needed to win back the confidence of investors, customers, workers and other stakeholders in WRP.”
“Leong’s appointment as the President is a highly anticipated announcement to activate the broad range of changes that are planned across WRP. His extensive experience in the industry and people management skills will assuredly be key to revive and future-proof WRP," he added.
Alongside this announcement, Thomas Philip also informed the appointment of Loong Mei Yin as the Executive Chairman and Michael Sng as the Co-Chairman of WRP. Thomas Philip has indicated that the BoD will progressively make changes through various aspects of the company, including its people, processes and procedures, to ensure expeditious and effective turnaround of WRP.
Source : Chimera Brand Relations Sdn Bhd
Monday, February 3, 2020
EMPLOYER'S GUIDE DURING THE FLU PANDEMIC OUTBREAK
KUALA LUMPUR, Jan 31 (Bernama) -- With the recent pandemic outbreak such as Influenza flu and the deadly Novel Coronavirus 2019-nCoV (also known as the Wuhan virus), it is important for business owners to stay alert and take precaution steps in protecting your employees and customers alike.
Why is it important to reduce cross-contamination at your premises? Understanding how the virus transmission process and taking the right proactive steps including prevention habits can greatly reduce the risk in cross-contamination and the best prevention of an outbreak of disease.
Protect your employees and customers with these precautionary steps to avoid the spread of the virus at your premises:
1. Providing adequate Hand Hygiene facilities
Hand hygiene is the most basic yet utterly important line of defence to stop the spread of virus! These infectious diseases spread from person to person by direct or indirect contact. Transmission occurs when an infected person touches someone else e.g. via handshake. Droplets released during coughing, sneezing and even speaking can also transmit the virus to others without any touch involved. Do encourage your employees and customers to practice the 3-step hand hygiene frequently, and avoid touching the eyes, nose or mouth with unwashed hands. These 3-step includes washing your hands with clean water and soap, drying them thoroughly and sanitising them for extra protection.
2. Create a healthy and hygienic workplace to combat cross-contamination
A study shows that Influenza virus can survive on hands and surfaces up to 48 hours, contaminated hands can transfer germs to 7 separate surfaces and a flu infection could spread to the entire office in 4 hours. Indirect virus transmission such as airborne transmission could be prevented through installing air steriliser or air sanitiser that could kill up to 99.99% viruses.
Regular cleaning is not just limited to washing your hands, but also includes cleaning on commonly used surfaces and devices. For extra protection, infection control and workstation sanitising services at your premises could help to prevent viral and airborne disease from spreading.
Rex Clements is Centrient Pharmaceuticals CEO
KUALA LUMPUR, Jan 30 – Rex Clements has been appointed Chief Executive Officer (CEO) of Centrient Pharmaceuticals, the global leader in the production and commercialisation of sustainable antibiotics, next-generation statins and anti-fungals.
His appointment is effective March 16. He has the mandate to drive and execute the strategy defined by the Supervisory Board of Directors and the Executive Committee, pursuing the growth trajectory the company has already set in motion.
Clements takes over from Karl Rotthier who has stepped down as CEO after having built a highly successful company over the last 10 years, and managing a smooth transition to the new ownership under Bain Capital, according to a statement.
Rotthier, having led the company for almost a decade and established Centrient in a unique position, has decided that Centrient Pharmaceuticals be led by a new CEO who will bring fresh perspectives for the next phase of growth.
Meanwhile, Clements brings more than two decades of experience gained across multiple assignments in the industry.
-- BERNAMA
His appointment is effective March 16. He has the mandate to drive and execute the strategy defined by the Supervisory Board of Directors and the Executive Committee, pursuing the growth trajectory the company has already set in motion.
Clements takes over from Karl Rotthier who has stepped down as CEO after having built a highly successful company over the last 10 years, and managing a smooth transition to the new ownership under Bain Capital, according to a statement.
Rotthier, having led the company for almost a decade and established Centrient in a unique position, has decided that Centrient Pharmaceuticals be led by a new CEO who will bring fresh perspectives for the next phase of growth.
Meanwhile, Clements brings more than two decades of experience gained across multiple assignments in the industry.
-- BERNAMA
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