Tuesday, March 31, 2020

BIGSPRING ANNOUNCES SUDHA BALA AS VICE PRESIDENT, CUSTOMER SUCCESS AND LUKE MCNEAL AS VICE PRESIDENT, SALES

Sudha Bala, Vice President, Customer Success at BigSpring (Photo: Business Wire)



SINGAPORE, March 30 (Bernama-BUSINESS WIRE) --
 BigSpring, the provider of a mobile learning and productivity platform enabling lifelong skilling with measurable ROI, today announced the appointments of Sudha Bala as Vice President, Customer Success and Luke McNeal as Vice President, Sales, bolstering its leadership team. As Vice President, Customer Success, Bala will be responsible for global customer advocacy, ensuring the customer is at the heart of BigSpring’s growth strategy. As Vice President, Sales, McNeal will continue to grow BigSpring’s strong presence in Asia and propel its global expansion, strengthening existing partnerships and adding to its customer base, that now includes Uber, United Technologies, Oyo, Tata Steel, and others.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200329005026/en/

BigSpring provides employers with measurable value, empowering learners of any stripe with skills training that for the first time also provides real-time, on-the-job performance and productivity measurement, ensuring business goals are met. Learners engage with online communities comprised of peers and coaches to apply learning on-the-job and receive meaningful feedback.
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AM Best affirms credit ratings of LIG Insurance (China)

KUALA LUMPUR, March 30 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of LIG Insurance (China) Co Ltd (LIG China) China.

According to a statement by AM Best, the outlook of these ratings is stable.

The ratings reflect LIG China’s balance sheet strength, which AM Best described as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

The ratings also reflect the wide range of support the company receives from its parent, KB Insurance Co Ltd, in areas including business development, reinsurance and investment.

LIG China’s balance sheet strength is supported by its risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio.

Due to its small capital base and underwriting of large commercial accounts, the company’s risk-adjusted capitalisation is exposed to volatility in the event of large losses.

 Despite low acquisition costs contributed by its direct distribution channel and reinsurance commission income, LIG China’s overall technical results have remained volatile because of its fluctuating loss ratio and high management expense ratio due to its small net earned premium base.

As a foreign-owned insurer focusing on servicing Korean Interests Abroad business, LIG China has a defensible competitive advantage in this niche market, despite accounting for a small market share of the overall domestic non-life market.

-- BERNAMA

Thursday, March 26, 2020

Conagen develops unprecedented critical lactoferrin protein produced via fermentation

KUALA LUMPUR, March 25 — Biotechnology company, Conagen has announced the discovery and development of a sustainable proprietary lactoferrin protein that mirrors the nutritional properties of lactoferrin from breast milk.

According to a statement, this is the first-of-its-kind natural lactoferrin protein produced via fermentation process at commercial-scale.

Mother’s milk is the best nutrition because it is the ideal way to bind and deliver iron for infant nutrition, but it is not sourceable at large-scale. Yet, lactoferrin is necessary as it plays an important role in the newborn immune system and contributes to healthy infant digestion and nutrition.

Lactoferrin found in cow’s milk has been useful for producing certain specialised infant formula in many countries, but its performance is not optimal as it takes more time for the protein to bind with iron than breast milk, and it is not sustainable.

The nutritional needs of an infant could be even better met with proteins that more closely match those in breast milk, like Conagen’s lactoferrin.

Another supporting factor for Conagen’s lactoferrin is an increased consumer awareness of nutritional benefits in food, which is carrying over to the global infant formula market as manufacturers are embarking on designing formulations that closely replicate breast milk composition.

To meet both consumer demands and manufacturer quests, Conagen has produced a lactoferrin by advanced fermentation for the use in infant formula and other nutritional products that can now be fortified naturally and sustainably worldwide.

Conagen’s lactoferrin will give infant formula manufacturers a more scalable, sustainable and lower cost-in-use solutions than sourcing from cow’s milk. The powerful protein may also be used in pharmaceutical and dietary supplement applications, too.

More details at https://conagen.com/


— BERNAMA

FASHION AND MANGA EXHIBITIONS TO BE HELD IN NATIONAL ART CENTER, TOKYO, DURING SUMMER 2020

TOKYO, Japan, Mar. 26, 2020 /Kyodo JBN-AsiaNet/ --

- Enjoy Whole Day in Stunning Glass Building in Roppongi -

The National Art Center, Tokyo (NACT) has announced its exhibition schedule during summer 2020, including exhibitions on "Fashion in Japan 1945-2020" and  "MANGA -- TOKYO."

Photos: https://kyodonewsprwire.jp/release/202003117936?p=images

Boasting one of the largest exhibition spaces in Japan, NACT is a popular art museum drawing over two million visitors from around the globe every year, with diverse exhibitions ranging from worldwide modern and contemporary art to manga, architecture, and fashion.

In addition to the exhibitions, NACT offers ample ways to pass the time with three cafes and a restaurant, as well as a shop with an extensive selection of goods. The photogenic building with its wavelike "curtain wall" of glass, designed by architect Kisho Kurokawa, is an attraction in and of itself. Despite being in the center of the city, the interior is suffused with light and the green of trees, allowing visitors to experience the concept of "an art center surrounded by green spaces."

http://mrem.bernama.com/viewsm.php?idm=37041

10 more Asian nations to receive medical supply donations from Jack Ma, Alibaba foundations

KUALA LUMPUR, March 23 -- The Jack Ma Foundation and Alibaba Foundation have announced plans to donate much-needed medical supplies to 10 more countries in Asia to fuel the global fight against COVID-19.

The governments of Afghanistan, Bangladesh, Cambodia, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan and Sri Lanka will receive a donation totalling 1.8 million masks, 210,000 COVID-19 test kits and 36,000 pieces of protective clothing.

Essential medical equipment and supplies that include ventilators and forehead thermometers will also be donated, according to a statement.

“Go Asia! We will donate emergency supplies to 10 more countries across Asia. Delivering fast is not easy, but we’ll get it done!,” said Jack Ma, who announced the latest foundation pledges through his Twitter account.

Delivery of the donations will leverage the robust capabilities of the Electronic World Trade Platform (eWTP) to overcome the significant logistical and transportation challenge presented by the vast number of countries and their geographical remoteness.

Earlier, the two foundations announced donations of medical supplies to Malaysia, Indonesia, Thailand and the Philippines that also leveraged eWTP’s strong logistics capability for speedy and reliable transportation and delivery.

--BERNAMA

Wednesday, March 25, 2020

LEDDARTECH ENHANCES MANAGEMENT TEAM WITH THE APPOINTMENT OF 4 EXECUTIVES WITH EXPERTISE IN STRATEGIC PARTNERSHIPS, PRODUCT MANAGEMENT, PRODUCTION AND SUPPLY CHAIN

QUEBEC CITY, March 24 (Bernama-GLOBE NEWSWIRE) -- LeddarTech®, an industry leader in LiDAR technology who provides the most versatile and scalable auto and mobility LiDAR platform in the market, is pleased to announce the addition of four executives to the corporation. In keeping with the growth and vision of LeddarTech, these individuals will each be leading a division and adopting a charter that will enhance product vision and development, manufacturing, supply chain and strategic partnerships.

Stéphane Rousseau, a seasoned professional with over 25 years of experience, has been appointed Vice President of Global Operations. Mr. Rousseau is responsible for overseeing manufacturing, production engineering, project management, quality & standard conformity, IT and Supply Chain.


Dr. David Cheskis was appointed Vice President of Product Line Management.  He brings over 20 years of experience in semiconductors, optoelectronics, and RF technologies, product definition, technical marketing and product management expertise to the role. Dr. Cheskis will oversee system-on-chip (SoC), software and LiDAR module product lines for automotive and mobility.


Michael Poulin, who has been with LeddarTech for the past ten years, has been appointed Vice President of Strategic Partnerships and Corporate Development. Mr. Poulin previously held the position of Vice President of Product Line Management. In his new role, his key responsibilities will be strategic partnerships and the Leddar™ Ecosystem. The mandate is to maximize the benefits to all parties who are working collaboratively in support of the automotive and mobility LiDAR platform based on LeddarTech’s LeddarEngine™ technology. Mr. Poulin will also lead corporate strategic planning and other growth initiatives towards strengthening LeddarTech’s position as a market leader in sensing technology.


David Moon joins LeddarTech as Director of Automotive Products within the Product Line Management team. Mr. Moon has over 25 years of experience in the semiconductor industry with extensive expertise in optical sensing products. Mr. Moon will be responsible for managing the team responsible for the automotive LiDAR SoC products including software platforms and collaboration with the sales and marketing teams to support our automotive customers and their development needs.


“I am pleased to welcome this leadership team to LeddarTech”, stated Mr. Frantz Saintellemy, president and COO of LeddarTech. “These experienced professionals will maximize our ability to support our near-term revenue growth expectations while enabling us to further enhance support to our customers’ needs”, Mr Saintellemy concluded.

http://mrem.bernama.com/viewsm.php?idm=37017