Wednesday, May 25, 2022

SWEEGEN TASTES SWEET VICTORY AGAINST PURECIRCLE IN STEVIA REB M PATENT LAWSUIT

KUALA LUMPUR, May 25 (Bernama) -- Sweegen, the global pioneer in wellness ingredient technologies and innovations, announced its victory against PureCircle in a stevia Rebaudioside M (Reb M) patent lawsuit.

“Today's judgment vindicates Sweegen and affirms the company's position as an industry leader in innovative sweetener solutions,” said CEO of Sweegen, Steven Chen in a statement.

“As a holder of core proprietary technologies of wellness ingredients, Sweegen vigorously guards its intellectual property rights and respects those of others.”

PureCircle, acquired by Ingredion in 2020, had filed the 2018 lawsuit against Sweegen in the U.S. District Court for the Central District of California, accusing Sweegen of infringing two PureCircle patents covering the manufacture of Reb M.

The legal tide turned on PureCircle when Sweegen obtained a summary judgment that both of PureCircle's asserted patents are invalid.

Since it is impossible to infringe an invalid patent, the court's invalidation of the asserted patents ends the infringement case against Sweegen at the U.S. District Court.

More details at www.sweegen.com.

-- BERNAMA

NIPPON EXPRESS HOLDINGS SUPPORTS RECOMMENDATIONS OF TCFD

KUALA LUMPUR, May 24 (Bernama) -- Nippon Express Holdings Inc has recently expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established by the Financial Stability Board (FSB).

According to a statement, the NX Group has identified climate change initiatives as one of the key issues (materialities) to be addressed in realising its long-term vision of becoming ‘a logistics company with a strong presence in the global market’.

In addition, it is working to reduce CO2 emissions in its own business operations as well as creating products and services that help customers cut their CO2 emissions.

The NX Group will be utilising the TCFD's recommendations henceforth to analyse the risks and opportunities presented by climate change to its business, evaluate their financial impacts, and disclose relevant information.

The NX Group is scheduled to make the first such disclosure following endorsement of the recommendations in its integrated report to be issued this fiscal year (in June 2022).

TCFD is an international initiative established by the FSB in 2015 to encourage companies to disclose information on the financial impact of climate change risks and opportunities on their businesses.

The TCFD recommends assessing the financial impacts of climate change risks and opportunities on management and disclosing information on ‘governance’, ‘strategies’, ‘risk management’, and ‘indicators and targets’.

The NX Group will continue practising sustainable management from a long-term perspective to help realise a sustainable society by tackling climate change.

More details at https://www.nipponexpress.com/

-- BERNAMA

JETEX LONDON TO WOW PRIVATE JET FLYERS

Jetex announces its first FBO in London, a top-tier destination for the brand’s robust international expansion

Dubai, United Arab Emirates, May 23 (Bernama-GLOBE NEWSWIRE) -- London is a natural next destination for Jetex, an award-winning global leader in executive aviation, and it becomes the brand’s 35th international FBO location. Jetex entered in an agreement with Avia Solutions Group to operate the FBO at Hangar 510 at Biggin Hill Airport (EGKB/BQH).

The airport rightfully holds a pride of place in British History. Opened in 1916, the property was vacated by the Royal Air Force in 1992 and has operated as a privately-owned civilian airfield dedicated to business and civilian aviation ever since.

Today, it is recognized as a global center of excellence and the second private jet operation in the UK with 23% of London’s market share after Farnborough (31%) and ahead of Luton (22%). The airport typically connects flights to more than 750 destinations across over 70 countries, with over 90% of destinations being in Europe and 5% long haul.

Jetex London is conveniently located just 12 miles from Canary Wharf and 15 miles from Central London, with helicopter transfers taking passengers to and from the heart of the British capital in just six minutes, with limousine transfers taking less than 50 minutes.

The modern airport runway (1,806 meters) allows most aircraft to operate without payload or range restrictions, including non-stop transatlantic flights.

“We are pleased with our arrival in London. Jetex already has a strong presence in Continental Europe with a flagship private jet terminal at Paris Le Bourget, and the new flagship Jetex London is a natural evolution of our operations. Jetex passengers will enjoy a seamless travel experience complemented by the greatest levels of luxury hospitality, unseen before in the market.” said Adel Mardini, Founder & CEO of Jetex.

Jetex London will offer a suite of flagship services for passengers and crews traveling through the airport. It is a seamless, intuitive and dedicated route for Jetex customers to begin or end their journey in supreme comfort. The on-site U.K. Border Force and customs control will ensure that passengers and crew enjoy an efficient ground experience, while Jetex will also offer assistance with ground transport, hotel accommodation, catering, concierge services and much more. 

bitbank inc-Sumitomo Mitsui Trust Holdings Inc MOU to establish trust company





KUALA LUMPUR, May 24 (Bernama) -- bitbank inc and Sumitomo Mitsui Trust Holdings Inc have signed a memorandum of understanding to establish ‘Japan Digital Asset Trust Preparatory Company inc (JADAT)’ which will be a preparatory company for the purpose of establishing a trust company specialising in digital assets.

After the registration by the related authorities based on the Trust Business Act, it is expected to change its business name to Japan Digital Asset Trust inc.

In the MOU, both parties agree to study the possibility of SuMi TRUST Holdings to invest in JADAT, according to a statement.

JADAT will get the know-how of digital asset storage management system with Japan's most advanced and highest security level of bitbank and the know-how of trust business of SuMi TRUST Holdings - a specialised trust bank group.

bitbank operates the Japanese crypto asset exchange ‘bitbank’ - which has monthly domestic trade volume of 731.7 billion JPY, domestic trade volume share of 33.7 per cent (as in April 2021) and deposits of clients of more than 300 billion JPY - is rapidly expanding its business scale. (100 JPY = RM3.436)

In order to expand the domestic crypto asset market, it is necessary that more institutional investors enter the market.

More details at https://bitbank.cc/about/corporate

-- BERNAMA 

Crocus unveils CT45x family of contactless isolated current sensors

KUALA LUMPUR, May 24 (Bernama) -- Crocus Technology Inc, the leading supplier of disruptive TMR (Tunnel Magneto-Resistance) XtremeSense® sensors, has announced the CT45x family of contactless isolated current sensors to enable high precision and high current measurements in a more simplified solution.

“With the introduction of the CT45x family of contactless current sense products, we now have a complete portfolio of products for our customers from small currents to larger currents,” said President and CEO of Crocus Technology, Zack Deiri.

“This product based on Crocus’ cutting-edge TMR technology is the most exciting for us as the benefits of our XtremeSense TMR are addressing the needs of higher current applications that can’t be met with existing solutions without compromises.”

According to a statement, unlike existing solutions, the CT45x allows manufacturers to eliminate costly shields, concentrators or cores.

The CT452 and CT453 offers contactless 0.7 per cent accuracy, 1 MHz bandwidth, and better than -50 dB immunity to external magnetic fields without additional mechanical components.

This combination of performance and accuracy enables customers to reduce their overall product size and weight which enables them to replace large and costly current sense modules with a small and simple solution.

The CT45x products are based on XtremeSense TMR technology that delivers the future with a high signal-to-noise ratio (SNR) contactless approach which can scale with the system requirements, high bandwidth and fast response time, common-model field rejection, combined with high accuracy measurements over temperature.

The CT45x offers groundbreaking noise performance, as low as 0.55 mVRMS, to enable applications to sense small current levels and small changes or variations in current through a busbar.

This performance is almost 10 times better than existing Hall Effect solutions. This results in a SNR (signal-to-noise ratio) as high as 77 dB for the CT45x measurement which allows the system to process higher resolution data with higher accuracy.

More details at http://www.crocus-technology.com.

-- BERNAMA

Tuesday, May 24, 2022

DIALOGUE WITH ENTREPRENEUR BANKER TAN SRI AZMAN HASHIM AND SME LEADERS AT THE PERDANA LEADERSHIP FOUNDATION SME LEADERS PROGRAMME 2022

PUTRAJAYA, May 24 (Bernama) -- The 200 participants of the Perdana Leadership Foundation SME Leaders Programme 2022 “Knowledge Exchange for Entrepreneurship Excellence” taking place on 25th May at Perdana Leadership Foundation in Putrajaya will get the chance to dialogue with one of the country’s eminent business leaders and Chairman of the Foundation’s Board of Trustees, Tan Sri Azman Hashim, at an hour-long live Special Session. Tan Sri Azman Hashim, who charted an illustrious career as a Chartered Accountant turned banker, will share his experience as an entrepreneur and business owner.

“Most of the big businesses of today started as a micro and small enterprise. What enabled these businesses to grow was a combination of factors but leadership plays a big role in determining success or failure. This programme by PLF for MSME leaders is timely because there are many that need direction and support to recover from the lockdowns. The dialogues and discussions featured in the event will hopefully prompt new ideas, open up new possibilities, and lead to new business collaborations that can benefit entrepreneurs,” said Tan Sri Azman.

DIALOGUE WITH ENTREPRENEUR BANKER TAN SRI AZMAN HASHIM AND SME LEADERS AT THE PERDANA LEADERSHIP FOUNDATION SME LEADERS PROGRAMME 2022

Saturday, May 21, 2022

GUANGXI BORDER PORTS BEGIN REGULAR OPERATIONS



KUALA LUMPUR, May 20 (Bernama) -- Statistics from the Department of Commerce of Guangxi Zhuang Autonomous Region show that during the May Day holiday in 2022, a total of 3,344 vehicles entered and exited through Guangxi border highway ports, including 1,601 and 1,743 vehicles leaving and entering Guangxi, respectively.

All border ports in Guangxi maximised the capacity of customs clearance under the principle of "open port access to the greatest extent" by minimising impacts by the pandemic. As of May 5, seven highway ports and one railway port with cargo handling capacity were all open for normalised customs clearance.

On May 5, the ceremony of the departure of the first special train loaded with Chinese medicinal materials imported from Vietnam was held at the Pingxiang railway port in Guangxi. The train was loaded with 12 compartments (each weighing about 15 tonnes) of suberect spatholobus stem originated from Vietnam.

According to a statement, the train will run on a regular basis to help deepen the comprehensive cooperation between China and Vietnam in the field of traditional Chinese medicine.

Currently, Guangxi has the Nanning drug import port and the border ports of Dongxing, Pingxiang, Longbang and Aidian for medicinal material import, having gradually turned into a main channel for the import of Chinese medicinal materials from the ASEAN countries.

The variety and quantity of Chinese herbal medicines from the ASEAN countries entering China through the Guangxi ports have been increasing by leaps and bounds. Since 2020, the total value of goods has been ranking the first for two consecutive years in the country.

Guangxi Youyiguan Port has launched a non-contact verification system through innovation for border inspection to ensure non-contact documents stamping, with the installation of two automatic temperature measuring detectors and high-definition cameras at the customs inspection gate to perform non-contact temperature detection and paperwork verification on designated drivers for cross-border cargoes.

The Department of Commerce of Guangxi Zhuang Autonomous Region (Port Office) will continue to coordinate with relevant departments to do a good job in the prevention and control of COVID-19 at each port and unblocked customs clearance so as to guarantee the stability of the China-ASEAN industrial supply chain.

-- BERNAMA