HSINCHU, Taiwan, May 31 (Bernama-GLOBE NEWSWIRE) -- ITRI's R&D expertise of robotics will be in the international limelight at the 2017 IEEE International Conference on Robotics and Automation (ICRA), the world's largest robotics conference. ICRA is considered the source of many groundbreaking technologies for robotics, self-driving vehicles, and artificial intelligence. At ICRA, top researchers around the globe annually discuss the latest innovations in robotics and automation. Dr. Jwu-Sheng Hu, ITRI's Vice President and General Director of the Mechanical and Mechatronics Systems Research Laboratories, has been invited to serve as one of the Industrial Forum Chairs in ICRA 2017 committee. ITRI's Motion Intelligence Orchestration (MIO) industrial robotics controller and PC-based motion control card EPCIO will also be on display at ICRA 2017.
http://mrem.bernama.com/viewsm.php?idm=29259
Wednesday, 31 May 2017
Tuesday, 30 May 2017
A.M. BEST DOWNGRADES CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND THE TOA REINSURANCE COMPANY OF AMERICA
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.
The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
TECHNOLOGICAL CHANGE AND CYBER RISK OVERTAKE REGULATION AS TOP RISKS FOR INSURERS
‘Banana Skins’ survey reflects industry risk perception
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
AMOBEE APPOINTS EXPERIENCED LEADER PATRICIA GOH AS VP, SOUTHEAST ASIA
SINGAPORE, May 30 (Bernama-BUSINESS WIRE) -- Amobee,
a global leader in marketing technology, today announced the
appointment of experienced executive Patricia Goh as Vice President,
Southeast Asia, to spearhead growth in its digital advertising solutions
business.
Goh will be responsible for leading Amobee’s Southeast
Asia operations and delivering new digital marketing solutions to
brands and advertising agencies. She will report to Amobee’s Senior Vice
President of Asia, Robert Woolfrey.
AMOBEE APPOINTS EXPERIENCED LEADER PATRICIA GOH AS VP, SOUTHEAST ASIA
a global leader in marketing technology, today announced the
appointment of experienced executive Patricia Goh as Vice President,
Southeast Asia, to spearhead growth in its digital advertising solutions
business.
Goh will be responsible for leading Amobee’s Southeast
Asia operations and delivering new digital marketing solutions to
brands and advertising agencies. She will report to Amobee’s Senior Vice
President of Asia, Robert Woolfrey.
AMOBEE APPOINTS EXPERIENCED LEADER PATRICIA GOH AS VP, SOUTHEAST ASIA
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
SYDNEY & BROOKFIELD, Wis., May 30 (Bernama-BUSINESS WIRE) -- Fiserv, Inc.
(NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bank of Sydney will work with
Fiserv to provide its consumer and small business customers with
enhanced digital banking capabilities. The bank will implement
DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud
environment, to support all online and mobile applications,
infrastructure, and services offered by Bank of Sydney.
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
(NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bank of Sydney will work with
Fiserv to provide its consumer and small business customers with
enhanced digital banking capabilities. The bank will implement
DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud
environment, to support all online and mobile applications,
infrastructure, and services offered by Bank of Sydney.
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
Monday, 29 May 2017
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
TOKYO, May 29 (Bernama-BUSINESS WIRE) -- Toshiba Memory Corporation (hereinafter Toshiba) today launched the XG5 series, a new line of NVM ExpressTM (NVMeTM)
SSDs integrating 64-layer, 3D flash memories, with a maximum capacity
of 1024GB in a thin single-sided form factor. Sample shipments to OEM
customers start today in limited quantities, and Toshiba will gradually
increase shipments from the third calendar quarter of this year.
The new SSDs, equipped with Toshiba’s latest 64-layer, 3-bit-per-cell TLC (triple-level cell) BiCS FLASHTM, utilize the features of PCI EXPRESS® (PCIe®) Gen3 x 4 lanes and SLC cache to deliver 3000 MB/s sequential read[2] and 2100 MB/s sequential write[2]. They are also more efficient than Toshiba existing products [3] and reduce standby mode power consumption by over 50%, to less than 3mW [4].
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
SSDs integrating 64-layer, 3D flash memories, with a maximum capacity
of 1024GB in a thin single-sided form factor. Sample shipments to OEM
customers start today in limited quantities, and Toshiba will gradually
increase shipments from the third calendar quarter of this year.
The new SSDs, equipped with Toshiba’s latest 64-layer, 3-bit-per-cell TLC (triple-level cell) BiCS FLASHTM, utilize the features of PCI EXPRESS® (PCIe®) Gen3 x 4 lanes and SLC cache to deliver 3000 MB/s sequential read[2] and 2100 MB/s sequential write[2]. They are also more efficient than Toshiba existing products [3] and reduce standby mode power consumption by over 50%, to less than 3mW [4].
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
PROPHETSTOR AND INNOVIX DISTRIBUTION TO INTRODUCE THE LATEST INNOVATION OF DATA SECURITY TO FIGHT AGAINST RANSOMWARE
KUALA LUMPUR, May 29 (Bernama) -- ProphetStor Data Services, Inc., the leader in software-defined storage (SDS) and data services solutions, in collaboration with Innovix Distribution (Innovix) used solutions from Hewlett Packard Enterprise (HPE) to develop an effective and reliable new data security system to combat ransomware. The data security system is now available, and aims to combat ransomware and help enterprises avoid suffering heavy losses in revenue over the years.
The ProphetStor DR Prophet Software-Defined Data Protection is a powerful anti-ransomware software with the ability to recover any file, folder, disk and even entire servers from being hijacked or stolen and restore them to the original state. This new innovative software is powered by the robust and cost-effective HPE ProLiant ML10 Gen9 server and HPE ProLiant ML30 Gen9 server, which enables cost-conscious customers to reap the benefits from an all-in-one solution bundle.
http://mrem.bernama.com/viewsm.php?idm=29241
The ProphetStor DR Prophet Software-Defined Data Protection is a powerful anti-ransomware software with the ability to recover any file, folder, disk and even entire servers from being hijacked or stolen and restore them to the original state. This new innovative software is powered by the robust and cost-effective HPE ProLiant ML10 Gen9 server and HPE ProLiant ML30 Gen9 server, which enables cost-conscious customers to reap the benefits from an all-in-one solution bundle.
http://mrem.bernama.com/viewsm.php?idm=29241
A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of DTRIC Insurance Company, Limited (DTRIC), and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI.
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR PRODUCT CARE (NZ) LIMITED
SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Product Care (NZ) Limited (PCL) (New Zealand).
The revised outlooks reflect the company’s weakening solvency position and an unfavorable trend in underwriting performance. Based on recent financial results, the company’s underwriting profitability shows a downward trend, due to worse-than-expected claims experience emerging from its recently launched full replacement extended warranty cover.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
Saturday, 27 May 2017
THE SOCIAL MARKET BY SELANGOR DREDGING BERHAD
KUALA LUMPUR, May 24 (Bernama) -- THE Social Market was
abuzz with activity, and many of which were busy enjoying the scrumptious food,
or looking for gifts for their loved ones. It was indeed a success, as Selangor
Dredging Berhad hosted an event to collaborate with social enterprises at the
inaugural The Social Market.
Held last Friday, The Social Market was open from 11am to 3pm at the
Courtyard of Wisma Selangor Dredging. There were 10 vendors operating different
stalls supporting the less privileged communities in Malaysia. Working with
women from low-income groups, Batik Boutique creates artisanal gifts and fashion
accessories made from hand-woven batik. Greenyards meanwhile, provides
alternative channels for the local community to dispose their used cooking oil
and subsequently reprocesses the oil into eco-friendly soaps, washing powder and
aromatic candles.
 |
The Courtyard at Wisma Selangor Dredging was buzzing
with supporters purchasing delicious food and trinkets for their loved
ones.
|
The Good Shop collaborates with different social and cultural enterprises,
and brings together a large and varied collection of products. Besides their
best-selling durian jam, one can also look out for their lovely plush toys and
children’s storybooks – all created by the marginalized communities. Serving
delicious smoothies, One-Two-Juice is a green smoothies bar pioneered by
Selangor Dredging Berhad’s corporate social responsibility (CSR)
programme.
Delicious local bites like vegetarian dumplings and crème puffs could be
purchased from Coffee Sprex, who works with employees from the hearing and
speech impaired communities.
Amongst the many vendors were also Jabatan Kemajuan Orang Asli (JAKOA)
which sold crafts handmade by the indigenous Orang Asli communities. The best
seller had to be The Nasi Lemak Project which cultivates poor families to be
small Nasi Lemak and food enterprise sellers -through a micro-franchise model.
“It is great to be able to see different social enterprises come together
for a good cause. Selangor Dredging Berhad is committed to supporting Social
Enterprises as we believe in promoting both social and environmental causes to
the larger community. I am delighted that that we successfully collaborated in
this event and look forward to possible collaborations in the future. said Ms.
Teh Lip Kim, Managing Director of Selangor Dredging Berhad.
HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER
TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Friday, 26 May 2017
TIME INC. AND DESIGNSINGAPORE COUNCIL ANNOUNCE LEADERSHIP AND GLOBAL ADVISORY COUNCIL FOR BRAINSTORM DESIGN, SINGAPORE, MARCH 6-8, 2018
NEW YORK & SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE: TIME) and DesignSingapore Council (Dsg) announce the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018. The conference is scheduled to occur during Singapore Design Week on March 6-8, 2018. The event will bring together global thought leaders in design and business to share insights and strategies for design innovation. Brainstorm Design is supported by the Singapore Economic Development Board (EDB).
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
SHEFFIELD, England, May 26 (Bernama-BUSINESS WIRE) -- Global surveillance solutions expert Synectics
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
Source: Synectics
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
MQA AND UK NARIC STRENGTHENS ITS COLLABORATION IN HIGHER EDUCATION
LONDON, May 25 (Bernama) -- The Malaysian Qualifications Agency (MQA) continues to strengthen its good relationship with the National Recognition Information Centre for the United Kingdom (UK NARIC) with the signing of the Memorandum of Cooperation (MoC) between both agencies. The MoC was signed today by the Chief Executive Officer (CEO) of MQA, Dato' Prof. Dr. Rujhan Mustafa and the Head of Stakeholder Management Group of UK NARIC, Mr Tim Buttress, representing Dr. Cloud Bai-yun, the CEO of UK NARIC. The signing, which took place at the Malaysian High Commission, London was witnessed by the Secretary General of the Ministry of Higher Education, Malaysia, HE Tan Sri Dr. Noorul Ainur Mohd. Nur.
Thursday, 25 May 2017
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
TOKYO, May 25 (Bernama-BUSINESS WIRE) --
SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo;
President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has
today announced that HULFT now holds the second-largest worldwide sales
share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a
report of the survey on the managed file transfer (MFT) (*2) market
published by Gartner Inc. Sold and supplied by SAISON INFORMATION
SYSTEMS, HULFT already holds the largest market share in the domestic
market (*3) and in the Asian market (*4).
Aspiring to consistently provide domestic and overseas customers with attractive products and services under the HULFT brand, SAISON INFORMATION SYSTEMS has since its launch in 1993 been working to provide the software with multilingual support, to offer 24/7/365 customer support in English, Chinese and Japanese, to cultivate sales channels in the worldwide market, to establish a partner program and to enhance the product lineup and functions and cultivate markets.
In addition, SAISON INFORMATION SYSTEMS has set up HULFT business bases in Shanghai in 2011, Beijing in 2015, Singapore in 2015 to cover the ASEAN region, and California in 2016 to expand the HULFT business globally. Today, a total of 189,600 copies are used by 8,700 corporate customers in 43 countries around the world. (*5)
SAISON INFORMATION SYSTEMS believes that the recent survey results reflect its efforts to improve its products to better address its international customers’ problems and be easier to use.
Gartner Inc. reports in this research that the worldwide MFT market grew at an annual rate of 7.4% in 2016, with sales, or market size, of nearly 873 million dollars, or 94 billion yen. SAISON INFORMATION SYSTEMS will continue to ensure the safety and reliability of data that flow through the global IT infrastructure and will provide safety and security for the evolving network infrastructure in line with the ever-growing MFT market.
HULFT
(Product details: https://www.hulft.com/en/hulft-mft)
Compatible with an ever-growing range of platforms since its launch in 1993, HULFT is file transfer middleware equipped with all the functions customers need to share files between business systems. There are currently 189,600 (*5) HULFT licenses in use by 8,700 companies in 43 countries worldwide, spanning a wide range of industries. In addition to sending, receiving and managing file transfer jobs, HULFT also include peripheral functions essential to transferring files, including security and data integration before and after transfer.
Aspiring to consistently provide domestic and overseas customers with attractive products and services under the HULFT brand, SAISON INFORMATION SYSTEMS has since its launch in 1993 been working to provide the software with multilingual support, to offer 24/7/365 customer support in English, Chinese and Japanese, to cultivate sales channels in the worldwide market, to establish a partner program and to enhance the product lineup and functions and cultivate markets.
In addition, SAISON INFORMATION SYSTEMS has set up HULFT business bases in Shanghai in 2011, Beijing in 2015, Singapore in 2015 to cover the ASEAN region, and California in 2016 to expand the HULFT business globally. Today, a total of 189,600 copies are used by 8,700 corporate customers in 43 countries around the world. (*5)
SAISON INFORMATION SYSTEMS believes that the recent survey results reflect its efforts to improve its products to better address its international customers’ problems and be easier to use.
Gartner Inc. reports in this research that the worldwide MFT market grew at an annual rate of 7.4% in 2016, with sales, or market size, of nearly 873 million dollars, or 94 billion yen. SAISON INFORMATION SYSTEMS will continue to ensure the safety and reliability of data that flow through the global IT infrastructure and will provide safety and security for the evolving network infrastructure in line with the ever-growing MFT market.
HULFT
(Product details: https://www.hulft.com/en/hulft-mft)
Compatible with an ever-growing range of platforms since its launch in 1993, HULFT is file transfer middleware equipped with all the functions customers need to share files between business systems. There are currently 189,600 (*5) HULFT licenses in use by 8,700 companies in 43 countries worldwide, spanning a wide range of industries. In addition to sending, receiving and managing file transfer jobs, HULFT also include peripheral functions essential to transferring files, including security and data integration before and after transfer.
| References and Remarks | ||
| *1 | Source: Gartner Inc.: Market Share: All Software Markets, Worldwide, 2016 | |
| *2 | MFT: file transfer software with a focus on reliability and security with functions suited to file transfer between intra-business and inter-business systems, such as a prohibition on the transfer of any but designated files and recovery in the event of failure in transfer | |
| *3 | Source: Fuji Chimera Research Institute, Inc.: New Market of Software Business (2015 Edition) (package and value basis) | |
| *4 | Source: IDC, Nov 2015, “Worldwide Managed File Transfer Software Market Shares, 2014: Year of Steady Growth” (#259975) | |
| *5 | As of the end of March 2017 | |
Gartner
Inc. neither recommends any specific vendor, product or service
included in Gartner Research publications nor advises anyone to choose
top-rated vendors or vendors with other ratings only. Gartner Research
publications represent the views of Gartner Research and do not
represent facts. Gartner Inc. does not provide any explicit or implicit
guarantee, including that of merchantability of this research or that of
suitability of this research to any particular purpose.
Trademarks
- HULFT and all HULFT related products are registered trademarks of SAISON INFORMATION SYSTEMS CO., LTD.
- Names of other companies, products and services are registered trademarks or trademarks of the respective companies.
SAISON INFORMATION SYSTEMS CO., LTD.
Headquarters: Sunshine 60 (21F), 3-1-1 Higashi-Ikebukuro, Toshima-ku, Tokyo 170-6021, Japan
Established: September 1, 1970
President: Kazuhiro Uchida (President and CEO)
Capital: ¥1,367 million
Business activities: Financial systems, Retail service systems and IT solutions, HULFT
Securities code: 9640 (Tokyo Stock Exchange, JASDAQ Standard Market)
Website: http://home.saison.co.jp/english/
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51560065&lang=en
Trademarks
- HULFT and all HULFT related products are registered trademarks of SAISON INFORMATION SYSTEMS CO., LTD.
- Names of other companies, products and services are registered trademarks or trademarks of the respective companies.
SAISON INFORMATION SYSTEMS CO., LTD.
Headquarters: Sunshine 60 (21F), 3-1-1 Higashi-Ikebukuro, Toshima-ku, Tokyo 170-6021, Japan
Established: September 1, 1970
President: Kazuhiro Uchida (President and CEO)
Capital: ¥1,367 million
Business activities: Financial systems, Retail service systems and IT solutions, HULFT
Securities code: 9640 (Tokyo Stock Exchange, JASDAQ Standard Market)
Website: http://home.saison.co.jp/english/
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51560065&lang=en
Contacts
HULFT Pte.Ltd.
Yasuko Sakurai / Takayuki Gunji, +65-6248-4625
hulft@saison.co.jp
or
SAISON INFORMATION SYSTEMS CO., LTD.
Masaaki Takayama, +81-3-3988-5301
info@hulft.com
Yasuko Sakurai / Takayuki Gunji, +65-6248-4625
hulft@saison.co.jp
or
SAISON INFORMATION SYSTEMS CO., LTD.
Masaaki Takayama, +81-3-3988-5301
info@hulft.com
Source: SAISON INFORMATION SYSTEMS CO., LTD.
PUBMATIC EXTENDS PREBID.JS WITH OPENWRAP, INDUSTRY FIRST HYBRID CLIENT- AND SERVER-SIDE WRAPPER SOLUTION
Empowers publishers to balance header bidding integration mix with enterprise management capabilities
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
IWK RECEIVES GOOD GOVERNANCE AWARD
KUALA LUMPUR, May 24 (Bernama) -- Indah Water Konsortium Sdn Bhd (IWK) received the Good Corporate Governance Award from Malaysia Canada Business Council (MCBC) as a testament to IWK's unwavering commitment in upholding corporate governance best practices to maintain integrity, highly transparent and ethical management of the sewerage services business.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
Wednesday, 24 May 2017
EEC INTRODUCES THE 6900S AC POWER SOURCE SERIES:
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
ASHNIK UNVEILS FRAMEWORK OF SERVICES FOR DIGITAL TRANSFORMATION IN SOUTHEAST ASIA AND INDIA
SINGAPORE & KUALA LUMPUR, Malaysia, May 24 (Bernama-BUSINESS WIRE) -- Ashnik, a leading enterprise open source technologies provider in Southeast Asia (SEA) and India, is unveiling its plan to offer solutions and services for digital transformation. Having been at the forefront of bringing several prominent open source technologies to enterprises in Southeast Asia since 2009, Ashnik has enabled over 100 enterprise customers to adopt open source technologies. Through its deep expertise in architecting and consulting services, Ashnik enabled customers achieve agility, innovation and cost reduction.
Undertaking the journey of digital transformation is on the rise amongst many enterprises in SEA. Ashnik has hence aligned services and offerings to meet its customers’ digital transformation goals while addressing dynamic business challenges, through pertinent open source technologies. Sachin Dabir, CEO and Founder of Ashnik, added, “Enterprises in SEA are now initiating digital transformation processes to achieve better business benefits, provide superior services and innovative products to their end customers. Open source technologies are the key drivers of this initiative as they address cost optimization and agility factors. We are excited to take this to the next level by creating a framework putting together our experience in open source consulting, services and solutions.”
http://mrem.bernama.com/viewsm.php?idm=29191
Undertaking the journey of digital transformation is on the rise amongst many enterprises in SEA. Ashnik has hence aligned services and offerings to meet its customers’ digital transformation goals while addressing dynamic business challenges, through pertinent open source technologies. Sachin Dabir, CEO and Founder of Ashnik, added, “Enterprises in SEA are now initiating digital transformation processes to achieve better business benefits, provide superior services and innovative products to their end customers. Open source technologies are the key drivers of this initiative as they address cost optimization and agility factors. We are excited to take this to the next level by creating a framework putting together our experience in open source consulting, services and solutions.”
http://mrem.bernama.com/viewsm.php?idm=29191
Tuesday, 23 May 2017
TGS DEMONSTRATES COUNTER-CYCLICAL STRATEGY AS IT INCREASES 2017 INVESTMENT GUIDANCE
ASKER, Norway, May 23 (Bernama-GLOBE NEWSWIRE) --
TGS demonstrates counter-cyclical strategy as it increases 2017
Investment Guidance to approximately USD 260 million. TGS has
successfully secured prefunding commitments from clients to support
additional multi-client investments in 2017. The new investment
guidance represents an increase of approximately 20% over 2016
multi-client investments.
“I am delighted to announce this increase to TGS’ 2017 investment guidance. Through our counter-cyclical strategy we are adding a record-high amount of 3D data to our multi-client library at attractive unit costs. This will position TGS to enhance its status as the world’s leading multi-client geophysical company," commented Kristian Johansen, CEO of TGS.
TGS provides the following increased guidance for 2017:
“I am delighted to announce this increase to TGS’ 2017 investment guidance. Through our counter-cyclical strategy we are adding a record-high amount of 3D data to our multi-client library at attractive unit costs. This will position TGS to enhance its status as the world’s leading multi-client geophysical company," commented Kristian Johansen, CEO of TGS.
TGS provides the following increased guidance for 2017:
- New multi-client investments* of approximately USD 260 million
- Additional multi-client investments expected from sales of existing surveys with risk sharing arrangements
- Prefunding of new multi-client investments* expected to be approximately 40-45%
*New multi-client investments excluding investments related to surveys with risk sharing arrangements
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
NABUFIT SIGNS STRATEGIC MARKETING PARTNERSHIP WITH SINA SPORTS IN CHINA
NEW YORK, May 23 (Bernama-GLOBE NEWSWIRE) -- NABUFIT Global Inc. (OTCQB:NBFT), developer of a ground breaking new training portal that enhances individual workouts by providing expert advice from professional trainers, health experts and international sports stars, today announced the signing of a marketing agreement with SINA Sports, a division of SINA Corp (Nasdaq:SINA). NABUFIT will be utilizing SINA’s services for the promotion of its NABUFIT App in China including Chinese social media management via the SINA platform and Weibo. SINA has more than 300 million visitors to their platform each month.
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
RIA MONEY TRANSFER ANNOUNCES NEW STRATEGIC PARTNERSHIPS AND EXPANDS ITS NETWORK IN INDIA TO SERVE WORLD'S LARGEST DIASPORA GROUP
BUENA PARK, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Ria Money Transfer (“Ria”) the third largest money transfer company in the world and subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) has signed direct partnership agreements with three of India’s leading cash remittance payout agents, Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited.
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
BARINGS LAUNCHES GLOBAL BRAND ADVERTISING CAMPAIGN
CHARLOTTE, N.C., May 23 (Bernama-GLOBE NEWSWIRE) -- Barings, one of the world’s leading asset management firms, today launched a global brand advertising campaign articulating its commitment to meeting the ever-changing needs and aspirations of its clients by providing a broad set of innovative, customized investment solutions across asset classes and geographies.
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
Monday, 22 May 2017
EARLY ADOPTERS SUCCESSFULLY REPORT UNDER THE COMMON REPORTING STANDARDS (CRS) WITH BEARINGPOINT'S FITAX
As early adopters, Asian-based institutions can benefit from the tax reporting solution
AMSTERDAM & ZURICH, May 19 (Bernama-BUSINESS WIRE) -- Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), announced today that the first institutions in early adopter countries successfully submitted their initial reporting under the Common Reporting Standard (CRS) with BearingPoint’s tax reporting solution FiTAX.
The Common Reporting Standard was developed by the Organization for Economic Co-operation and Development (OECD) to maximize efficiency and fight tax avoidance. Over 100 countries worldwide have agreed to fulfill these reporting requirements by September 2018. The initial reporting for the first 53 countries, the early adopters, began in the first quarter of 2017. BearingPoint’s FiTAX-CRS module is dedicated to the Automatic Exchange of Information (AEoI) and reporting under CRS. It enables financial institutions around the globe to comply with these new reporting requirements.
Given the complexity of the CRS reporting regime, the FiTAX-CRS module had already been delivered to clients in Q3/Q4 2016 in anticipation that incorrect or late report submissions could result in penalties. By receiving this module well in advance of the filing deadline, FiTAX users had a longer time period to sufficiently work with new processes and use the new module to properly prepare their reports.
“We are very proud that the first reports have been successfully submitted and that our clients were able to meet their reporting requirements under CRS and the Automatic Exchange of Information. We are now seeing rising interest in tax reporting solutions from many large financial institutions in the Americas as well as in Asia. Our experiences and lessons learned from the early adopter countries are especially valuable for the Asian-based institutions because many of them are in the second wave countries with first reporting due in 2018. These clients will be benefitting from the operation of FiTAX in European markets,” says Ronald Frey, Partner at BearingPoint.
The Common Reporting Standard was developed by the Organization for Economic Co-operation and Development (OECD) to maximize efficiency and fight tax avoidance. Over 100 countries worldwide have agreed to fulfill these reporting requirements by September 2018. The initial reporting for the first 53 countries, the early adopters, began in the first quarter of 2017. BearingPoint’s FiTAX-CRS module is dedicated to the Automatic Exchange of Information (AEoI) and reporting under CRS. It enables financial institutions around the globe to comply with these new reporting requirements.
Given the complexity of the CRS reporting regime, the FiTAX-CRS module had already been delivered to clients in Q3/Q4 2016 in anticipation that incorrect or late report submissions could result in penalties. By receiving this module well in advance of the filing deadline, FiTAX users had a longer time period to sufficiently work with new processes and use the new module to properly prepare their reports.
“We are very proud that the first reports have been successfully submitted and that our clients were able to meet their reporting requirements under CRS and the Automatic Exchange of Information. We are now seeing rising interest in tax reporting solutions from many large financial institutions in the Americas as well as in Asia. Our experiences and lessons learned from the early adopter countries are especially valuable for the Asian-based institutions because many of them are in the second wave countries with first reporting due in 2018. These clients will be benefitting from the operation of FiTAX in European markets,” says Ronald Frey, Partner at BearingPoint.
Friday, 19 May 2017
ADVANCED ENERGY SOLID-STATE MATCHING NETWORK SELECTED FOR PLASMA IMPEDANCE MATCHING
Company Reveals Design Win on Major OEM Etch Tool with Navigator® II FastCap™ Solid-State Matching Network
FORT COLLINS, Colo., May 18 (Bernama-GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, announced today that its solid-state matching network has been selected by one of the world’s largest suppliers of semiconductor manufacturing equipment. The ultra-fast Navigator® II FastCap™ solid-state matching network provides greater capability, productivity and performance, enabling increased predictability and reproducibility in sub-14 nm plasma processes.
The latest addition to the Navigator II platform, FastCap solid-state technology enables tuning speeds more than 100X faster than conventional, mechanically operated, variable vacuum capacitors. When combined with Navigator II digital instrumentation and controls, the patented, hot-switchable capacitors follow the fastest process transitions in real time—offering a distinct advantage over standard vacuum capacitors and resulting in improved run-to-run process repeatability.
Yuval Wasserman, president and CEO of Advanced Energy, said, "Customer partnerships in evaluating new technologies are core to our leadership in precision power. This design win reflects our deep expertise in RF power and a collaborative effort to understand and respond to unique process challenges and dynamic plasma characteristics, in order to produce a stable and significant tune-time advantage. The best-selling Navigator II platform—the industry’s first digital matching network—combined with FastCap solid-state technology is the answer to the manufacturing of thinner films and finer features in rapid, complex, multi-step processes.”
Advanced Energy leads in RF power conversion with more than 400,000 units shipped worldwide. The FastCap solution is qualified for use with AE's Paramount® line of RF power supplies. Currently in volume production, this product is available for many PECVD and etch bias applications.
FORT COLLINS, Colo., May 18 (Bernama-GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, announced today that its solid-state matching network has been selected by one of the world’s largest suppliers of semiconductor manufacturing equipment. The ultra-fast Navigator® II FastCap™ solid-state matching network provides greater capability, productivity and performance, enabling increased predictability and reproducibility in sub-14 nm plasma processes.
The latest addition to the Navigator II platform, FastCap solid-state technology enables tuning speeds more than 100X faster than conventional, mechanically operated, variable vacuum capacitors. When combined with Navigator II digital instrumentation and controls, the patented, hot-switchable capacitors follow the fastest process transitions in real time—offering a distinct advantage over standard vacuum capacitors and resulting in improved run-to-run process repeatability.
Yuval Wasserman, president and CEO of Advanced Energy, said, "Customer partnerships in evaluating new technologies are core to our leadership in precision power. This design win reflects our deep expertise in RF power and a collaborative effort to understand and respond to unique process challenges and dynamic plasma characteristics, in order to produce a stable and significant tune-time advantage. The best-selling Navigator II platform—the industry’s first digital matching network—combined with FastCap solid-state technology is the answer to the manufacturing of thinner films and finer features in rapid, complex, multi-step processes.”
Advanced Energy leads in RF power conversion with more than 400,000 units shipped worldwide. The FastCap solution is qualified for use with AE's Paramount® line of RF power supplies. Currently in volume production, this product is available for many PECVD and etch bias applications.
EUROLOAN APPOINTS FORMER MORGAN STANLEY FINTECH LEADER JAMES HICKSON AS NEW GROUP CEO
Euroloan Group PLC, the leading European digital financial technology company, appoints James Hickson, former Wall St. Fintech leader, as Group CEO. The move is part of Euroloan's drive to grow the business and market share significantly across Europe.
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
PIKO TARO TO SERVE AS AMBASSADOR OF WAKUWAKU JAPAN!
TOKYO, May 19 (Bernama-BUSINESS WIRE) -- WAKUWAKU JAPAN CORPORATION (headquartered in Minato Ward, Tokyo, Masafumi Kawanishi, President and CEO) has named PIKO TARO, the Japanese singing sensation who skyrocketed to global fame with his single, PPAP, to serve as an ambassador of WAKUWAKU JAPAN. In the year ahead, PIKO TARO, together with WAKUWAKU JAPAN, will share the wonders of Japan worldwide, throughout various countries and regions.
Startling advances have continued for PIKO TARO, with the video for his PPAP hit song exceeding 110 million views (* see note). PPAP has become exceedingly popular for use in television programs, commercials, and events not only in Japan but throughout the world. With successful live performances in March of this year at both the famed Budokan concert hall in Tokyo as well as solo shows in Taiwan, PIKO TARO seems to be on an unstoppable trajectory. His immense popularity among young and old, men and women alike, has garnered him invitations to the US, France, Belgium, South Korea, Taiwan, Singapore, and Thailand. Fans go crazy wherever he performs.
http://mrem.bernama.com/viewsm.php?idm=29151
Startling advances have continued for PIKO TARO, with the video for his PPAP hit song exceeding 110 million views (* see note). PPAP has become exceedingly popular for use in television programs, commercials, and events not only in Japan but throughout the world. With successful live performances in March of this year at both the famed Budokan concert hall in Tokyo as well as solo shows in Taiwan, PIKO TARO seems to be on an unstoppable trajectory. His immense popularity among young and old, men and women alike, has garnered him invitations to the US, France, Belgium, South Korea, Taiwan, Singapore, and Thailand. Fans go crazy wherever he performs.
http://mrem.bernama.com/viewsm.php?idm=29151
APTITUDE EXTENDS PRODUCT PORTFOLIO WITH IFRS 17
LONDON, May 19 (Bernama-BUSINESS WIRE) --
To equip insurance CFO’s who will need to act following this morning’s
announcement by the International Accounting Standards Board (IASB),
Aptitude Software announces the Aptitude IFRS 17 Solution.
APTITUDE EXTENDS PRODUCT PORTFOLIO WITH IFRS 17
To equip insurance CFO’s who will need to act following this morning’s
announcement by the International Accounting Standards Board (IASB),
Aptitude Software announces the Aptitude IFRS 17 Solution.
APTITUDE EXTENDS PRODUCT PORTFOLIO WITH IFRS 17
MIA LAUNCHES VIDEO RECORDING AND ESSAY COMPETITIONS
KUALA LUMPUR, May 18 (Bernama) -- The Malaysian Institute of Accountants (MIA) marks its 50th Anniversary of its establishment on 30th September this year. In conjunction with the Golden Jubilee celebrations, the MIA is organising a video recording competition for tertiary students and essay competition for upper secondary students.
MIA Vice President Datuk Zaiton Mohd Hassan said the objectives of these competitions are to gauge the students’ interest in the field of accountancy as well as to provide an avenue to express their creativity in video recording and essay writing.
MIA Vice President Datuk Zaiton Mohd Hassan said the objectives of these competitions are to gauge the students’ interest in the field of accountancy as well as to provide an avenue to express their creativity in video recording and essay writing.
NTT COM LAUNCHES MUNICH 2 DATA CENTER IN GERMANY
TOKYO, May 19 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT (TOKYO:9432) Group, announced today that its “Germany Munich 2 Data Center” (Munich 2) has opened, effective immediately, in Unterschleißheim, a suburb of Munich, Germany located 16km from the city center. The facility is under the management of e-shelter, a NTT Com company and leading data-center operator and service provider in Europe.
The two-story Munich 2 initially is offering 2,800 square meters of server space, equivalent to 1,100 racks, which is expected to expand to 5,600 square meters. The facility is operating under NTT Com’s Nexcenter™ brand, which encompasses 24/7 data-center services in more than 140 bases worldwide.
http://mrem.bernama.com/viewsm.php?idm=29146
The two-story Munich 2 initially is offering 2,800 square meters of server space, equivalent to 1,100 racks, which is expected to expand to 5,600 square meters. The facility is operating under NTT Com’s Nexcenter™ brand, which encompasses 24/7 data-center services in more than 140 bases worldwide.
http://mrem.bernama.com/viewsm.php?idm=29146
Thursday, 18 May 2017
NATIONAL ENERGY SERVICES REUNITED CORP. COMPLETES $210,000,000 INITIAL PUBLIC OFFERING
NEW YORK and HOUSTON, May 18 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the closing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit, with the offering raising gross proceeds of $210,000,000. The units commenced trading on Friday, May 12, 2017, on The NASDAQ Capital Market ("Nasdaq") under the symbol "NESRU." Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols "NESR" and "NESRW", respectively. Certain lead investors, as defined in the final prospectus, who have agreed to hold their shares through the consummation of our initial business combination and not seek redemption in connection therewith, purchased an aggregate of $60,000,000 of units in the IPO.
http://mrem.bernama.com/viewsm.php?idm=29142
http://mrem.bernama.com/viewsm.php?idm=29142
SOLARWINDS ACQUIRES SCOUT'S SAAS-BASED SERVER MONITORING TECHNOLOGY AND LAUNCHES IT AS SOLARWINDS PINGDOM SERVER MONITOR
With the acquisition, SolarWinds enhances its already deep server monitoring capabilities with out-of-the-box simple, yet rich SaaS-based server monitoring developed by DevOps professionals for DevOps professionals
AUSTIN, Texas, May 18 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of Scout Server Monitoring. The transaction closed Friday, May 5, 2017. As part of the acquisition, Scout Co-Founder and Chief Technology Officer Andre Lewis has joined SolarWinds.
http://mrem.bernama.com/viewsm.php?idm=29137
AUSTIN, Texas, May 18 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of Scout Server Monitoring. The transaction closed Friday, May 5, 2017. As part of the acquisition, Scout Co-Founder and Chief Technology Officer Andre Lewis has joined SolarWinds.
http://mrem.bernama.com/viewsm.php?idm=29137
A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD.
SINGAPORE, May 18 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of China Taiping Insurance (Singapore) Pte. Ltd. (CTIS)
(Singapore), a wholly owned subsidiary of China Taiping Insurance
Holdings Company Ltd. The outlook of these Credit Ratings (ratings) is
stable.
The ratings reflect CTIS’ track record of strong earnings
and solid risk-adjusted capitalization. CTIS has recorded good
underwriting results despite challenging market conditions. With a
leading market share in Singapore’s bond insurance market, CTIS is able
to offer product bundling with its profitable bond business, which has
resulted in favorable claims experience. The company’s operating
performance has outperformed the industry average in each of the past
years leading up to 2016.
An offsetting rating factor is CTIS’
exposure to the construction industry, as claims experience could be
impacted negatively by economic cycles in the construction sector.
Furthermore, the company’s expense ratio has been rising due to expenses
incurred, as it grows in Singapore and across Southeast Asia.
Positive
rating actions are unlikely in the near term. Negative rating actions
may occur if there is material deterioration of CTIS’ risk-adjusted
capitalization or operating results from expansion initiatives.
Ratings
are communicated to rated entities prior to publication. Unless stated
otherwise, the ratings were not amended subsequent to that
communication.
This press release relates to
Credit Ratings that have been published on A.M. Best’s website. For all
rating information relating to the release and pertinent disclosures,
including details of the office responsible for issuing each of the
individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
(Singapore), a wholly owned subsidiary of China Taiping Insurance
Holdings Company Ltd. The outlook of these Credit Ratings (ratings) is
stable.
The ratings reflect CTIS’ track record of strong earnings
and solid risk-adjusted capitalization. CTIS has recorded good
underwriting results despite challenging market conditions. With a
leading market share in Singapore’s bond insurance market, CTIS is able
to offer product bundling with its profitable bond business, which has
resulted in favorable claims experience. The company’s operating
performance has outperformed the industry average in each of the past
years leading up to 2016.
An offsetting rating factor is CTIS’
exposure to the construction industry, as claims experience could be
impacted negatively by economic cycles in the construction sector.
Furthermore, the company’s expense ratio has been rising due to expenses
incurred, as it grows in Singapore and across Southeast Asia.
Positive
rating actions are unlikely in the near term. Negative rating actions
may occur if there is material deterioration of CTIS’ risk-adjusted
capitalization or operating results from expansion initiatives.
Ratings
are communicated to rated entities prior to publication. Unless stated
otherwise, the ratings were not amended subsequent to that
communication.
This press release relates to
Credit Ratings that have been published on A.M. Best’s website. For all
rating information relating to the release and pertinent disclosures,
including details of the office responsible for issuing each of the
individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Faith Tan
Financial Analyst
+65 6589 8400, ext. 212
faith.tan@ambest.com
or
Chi Yeung Lok
Associate Director
+65 6589 8400, ext. 211
chi-yeung.lok@ambest.com
or
Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com
Faith Tan
Financial Analyst
+65 6589 8400, ext. 212
faith.tan@ambest.com
or
Chi Yeung Lok
Associate Director
+65 6589 8400, ext. 211
chi-yeung.lok@ambest.com
or
Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com
Source: A.M. Best
A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD.
A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD.
SINGAPORE, May 18 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of China Taiping Insurance (Singapore) Pte. Ltd. (CTIS)
(Singapore), a wholly owned subsidiary of China Taiping Insurance
Holdings Company Ltd. The outlook of these Credit Ratings (ratings) is
stable.
A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD.
(Singapore), a wholly owned subsidiary of China Taiping Insurance
Holdings Company Ltd. The outlook of these Credit Ratings (ratings) is
stable.
A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA TAIPING INSURANCE (SINGAPORE) PTE. LTD.
Wednesday, 17 May 2017
JAPAN HOSTS "DIALOGUE FOR QUALITY INFRASTRUCTURE -- BUILDING ASIA'S FUTURE"
PHNOM PENH and TOKYO, May 17, 2017/Kyodo JBN/ --
To realize ASEAN's sustainable economic growth, Japan's high-quality infrastructure is vital and essential. Against that background, the Government of Japan on May 10 hosted "Dialogue for Quality Infrastructure -- Building Asia's Future" in Phnom Penh and appealed to ASEAN's stakeholders that Japan will be fully committed to support ASEAN partners, continuously playing its indispensable role in the region.
While the event was attended by about a hundred participants, active discussions were held on what kind of quality infrastructure is needed for ASEAN's sustainable development and how Japan can play an important role.
In opening remarks on behalf of the Government of Japan, Ambassador Extraordinary and Plenipotentiary to Cambodia H.E. Mr. Hidehisa Horinouchi said that Japan will continue to contribute to connectivity in the ASEAN region through quality infrastructure development assistance as well as human resource development.
The representative of the Cambodian government, H.E. Mr. Tauch Chankosal, Secretary of State at the Ministry of Public Works and Transport, the Kingdom of Cambodia, expressed that experiences from Japan in infrastructure development in the field of transportation and logistics would provide valuable references to develop high-quality infrastructure.
Prior to the discussions, Yasuharu Funabashi, Deputy General Manager for Strategic Project Office Industry Research Department of Mizuho Bank, made a speech to set the day's agenda. He stressed quality infrastructure as a key factor for improving connectivity and long-term quality growth in the ASEAN region, and introduced four key points which the Government of Japan has been advocating: Technologies for Local Needs, Co-Creation, Long-Term Commitment, Lifecycle and Economic Efficiency. Funabashi also elaborated on the precedent cases of Japan's infrastructure development.
For the dialogue segment, panelists discussed how "quality infrastructure" can contribute to ASEAN's sustainable economic growth. Moderated by Nikkei's Columnist Yasuhiko Ota, discussions covered issues such as regional connectivity as a driver for economic and social development in ASEAN, quality infrastructure for long-term growth, and the importance of collaboration between Japan and ASEAN members to realize ASEAN's sustainable growth.
By the end of the meeting, the participants agreed and concluded that ASEAN's interregional infrastructure development is the key for its future and thus Japan's support is indispensable in the region.
"Dialogue for Quality Infrastructure -- Building Asia's Future" is also planned to be held in Vietnam, Myanmar, Indonesia and other places.
Program
- Opening remarks by the host: H.E. Mr. Hidehisa Horinouchi, Ambassador
Extraordinary and Plenipotentiary of Japan to Cambodia
- Speech by the guest of honor: H.E. Mr. Tauch Chankosal, Secretary of State,
Ministry of Public Works and Transport, Kingdom of Cambodia
- Agenda setting:
"What are the important points for sustainable ASEAN economic growth?"
Panelists
-- Yasuharu Funabashi, Deputy General Manager, Strategic Project Office
Industry Research Department, Mizuho Bank
- Dialogue:
"How should ASEAN proceed with infrastructure development for improvement of connectivity and sustainable economic growth"
Panelist
-- Mr. Yasuharu Funabashi (Deputy General Manager, Strategic Project Office
Industry Research Department, Mizuho Bank)
-- Mr. Don Lam (Co-Founder and Chief Executive Officer, Vina Capital Group)
-- Dr. Penghuy Ngov (Director and Designated Associate Professor, Cambodia
Satellite Campus, Asian Satellite Campuses Institute, Nagoya University)
-- Mr. Yuichi Sugano (Chief Representative, JICA Cambodia Office)
-- Mr. Aylwin Tan
(Chief Customer Solutions Officer, Ascendas-Singbridge Pte. Ltd.)
-- Mr. Ken Tun (Chairman and Chief Executive Officer, Parami Energy Group)
Moderator
Yasuhiko Ota, Columnist, Nikkei
For more information, please visit our website:
http://www.japan.go.jp/infrastructure/
Source: Dialogue for Quality Infrastructure Administration Office
To realize ASEAN's sustainable economic growth, Japan's high-quality infrastructure is vital and essential. Against that background, the Government of Japan on May 10 hosted "Dialogue for Quality Infrastructure -- Building Asia's Future" in Phnom Penh and appealed to ASEAN's stakeholders that Japan will be fully committed to support ASEAN partners, continuously playing its indispensable role in the region.
While the event was attended by about a hundred participants, active discussions were held on what kind of quality infrastructure is needed for ASEAN's sustainable development and how Japan can play an important role.
In opening remarks on behalf of the Government of Japan, Ambassador Extraordinary and Plenipotentiary to Cambodia H.E. Mr. Hidehisa Horinouchi said that Japan will continue to contribute to connectivity in the ASEAN region through quality infrastructure development assistance as well as human resource development.
The representative of the Cambodian government, H.E. Mr. Tauch Chankosal, Secretary of State at the Ministry of Public Works and Transport, the Kingdom of Cambodia, expressed that experiences from Japan in infrastructure development in the field of transportation and logistics would provide valuable references to develop high-quality infrastructure.
Prior to the discussions, Yasuharu Funabashi, Deputy General Manager for Strategic Project Office Industry Research Department of Mizuho Bank, made a speech to set the day's agenda. He stressed quality infrastructure as a key factor for improving connectivity and long-term quality growth in the ASEAN region, and introduced four key points which the Government of Japan has been advocating: Technologies for Local Needs, Co-Creation, Long-Term Commitment, Lifecycle and Economic Efficiency. Funabashi also elaborated on the precedent cases of Japan's infrastructure development.
For the dialogue segment, panelists discussed how "quality infrastructure" can contribute to ASEAN's sustainable economic growth. Moderated by Nikkei's Columnist Yasuhiko Ota, discussions covered issues such as regional connectivity as a driver for economic and social development in ASEAN, quality infrastructure for long-term growth, and the importance of collaboration between Japan and ASEAN members to realize ASEAN's sustainable growth.
By the end of the meeting, the participants agreed and concluded that ASEAN's interregional infrastructure development is the key for its future and thus Japan's support is indispensable in the region.
"Dialogue for Quality Infrastructure -- Building Asia's Future" is also planned to be held in Vietnam, Myanmar, Indonesia and other places.
Program
- Opening remarks by the host: H.E. Mr. Hidehisa Horinouchi, Ambassador
Extraordinary and Plenipotentiary of Japan to Cambodia
- Speech by the guest of honor: H.E. Mr. Tauch Chankosal, Secretary of State,
Ministry of Public Works and Transport, Kingdom of Cambodia
- Agenda setting:
"What are the important points for sustainable ASEAN economic growth?"
Panelists
-- Yasuharu Funabashi, Deputy General Manager, Strategic Project Office
Industry Research Department, Mizuho Bank
- Dialogue:
"How should ASEAN proceed with infrastructure development for improvement of connectivity and sustainable economic growth"
Panelist
-- Mr. Yasuharu Funabashi (Deputy General Manager, Strategic Project Office
Industry Research Department, Mizuho Bank)
-- Mr. Don Lam (Co-Founder and Chief Executive Officer, Vina Capital Group)
-- Dr. Penghuy Ngov (Director and Designated Associate Professor, Cambodia
Satellite Campus, Asian Satellite Campuses Institute, Nagoya University)
-- Mr. Yuichi Sugano (Chief Representative, JICA Cambodia Office)
-- Mr. Aylwin Tan
(Chief Customer Solutions Officer, Ascendas-Singbridge Pte. Ltd.)
-- Mr. Ken Tun (Chairman and Chief Executive Officer, Parami Energy Group)
Moderator
Yasuhiko Ota, Columnist, Nikkei
For more information, please visit our website:
http://www.japan.go.jp/infrastructure/
Source: Dialogue for Quality Infrastructure Administration Office
APTEAN STRENGTHENS ERP AND SCM SOLUTION SUITE WITH ACQUISITION OF APPRISE
ALPHARETTA, Ga., May 17 (Bernama-GLOBE NEWSWIRE) -- Aptean, a leading global provider of mission critical enterprise software solutions to more than 6,500 customers world-wide, announced today the acquisition of Apprise, a leading provider of Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) solutions for importers and distributors of consumer goods.
For more than 30 years, Apprise has focused on helping consumer goods companies improve supply chain efficiencies and increase profits. Apprise provides cloud and on-premise ERP and SCM software solutions for financial management, CRM, distribution, demand planning, and warehouse and transportation logistics management capabilities designed to meet the evolving needs of its consumer goods customers and their complex supply chains.
http://mrem.bernama.com/viewsm.php?idm=29127
For more than 30 years, Apprise has focused on helping consumer goods companies improve supply chain efficiencies and increase profits. Apprise provides cloud and on-premise ERP and SCM software solutions for financial management, CRM, distribution, demand planning, and warehouse and transportation logistics management capabilities designed to meet the evolving needs of its consumer goods customers and their complex supply chains.
http://mrem.bernama.com/viewsm.php?idm=29127
Tuesday, 16 May 2017
EOS INC. ACQUIRED A NEW TRADING BASE IN TAIWAN TO PROMOTE CHINA AND ASIAN MARKET
TAIPEI, Taiwan, May 16 (Bernama-GLOBE NEWSWIRE) -- The
sales force of EOS Inc. launches an important base in Taiwan to promote
business in the markets of China and Asia. Effective on May 3rd, 2017,
EOS Inc. acquired all issued and outstanding shares of Emperor Star
International Trade Co. Ltd. This is the trading team that plays an
important role in the supply chain of EOS products.
The representative of EOS Inc., Mr. Ben Yang, said in the signing ceremony, “The Emperor Star team have proved their advanced vision and expertise of the consumption tendencies in Taiwan, China and Asian markets. Powered by our co-creation policy, Emperor Star will become a thriving forward base for our fleet providing health beauty care products to the Asian market. Our agreement today is like a brilliant lighthouse at sea that lights up our trading route.”
Emperor Star was incorporated in Taiwan in November 2015. The company has been distributing highly innovative health and beauty care products and environmentally friendly cleaning products, with excellent growth in China and Asia. Being an experienced trading company in this area, Emperor Star realizes the tremendous potential of OBOR (One Belt and One Road) action plan. It is not only a great future, but also a challenge to their business. The full input from EOS Inc. becomes a must for mutual development.
Through the acquisition, the sales experience and the trading associates that Emperor Star has accumulated will become a powerful resource for the business expansion of EOS Inc. Accordingly, the products and the reputation of EOS Inc. will also enhance the trading performance of Emperor Star in all respects.
ABOUT EOS INC.:
EOS Inc. (OTC:EOSS) is a holding company registered in Nevada, USA, who has a vast distribution network associates with many dealer companies providing health care, beauty care, and environment friendly cleaning products in Asia.
Since the first quarter of 2017, EOS Inc. has aggressively expanded its marketing channels in China and Southeast Asian countries. Its products are positively confirmed in these markets. The opening of the three flagship stores in Nanning is its new milestone.
Accordingly, after the flagship stores opened in Singapore, the associate EOS sales teams in Malaysia, Indonesia, Thailand, and Cambodia are also taking moves aggressively.
On May 3rd, 2017, EOS Inc. acquired Emperor Star trading company in Taipei, Taiwan to strengthen their business and prepare for the challenge of OBOR development in the aforesaid areas.
For more information on EOS, Inc. please visit the website: https://eosinc999.us/
Forward-Looking Statements:
Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this paragraph and the risks and other factors detailed in EOS Inc.'s reports filed with the Securities and Exchange Commission. EOS INC. undertakes no duty to update these forward-looking statements.
CONTACT: Frank Jia, frank.ctc@eosinc999.com
SOURCE : EOS Inc.
The representative of EOS Inc., Mr. Ben Yang, said in the signing ceremony, “The Emperor Star team have proved their advanced vision and expertise of the consumption tendencies in Taiwan, China and Asian markets. Powered by our co-creation policy, Emperor Star will become a thriving forward base for our fleet providing health beauty care products to the Asian market. Our agreement today is like a brilliant lighthouse at sea that lights up our trading route.”
Emperor Star was incorporated in Taiwan in November 2015. The company has been distributing highly innovative health and beauty care products and environmentally friendly cleaning products, with excellent growth in China and Asia. Being an experienced trading company in this area, Emperor Star realizes the tremendous potential of OBOR (One Belt and One Road) action plan. It is not only a great future, but also a challenge to their business. The full input from EOS Inc. becomes a must for mutual development.
Through the acquisition, the sales experience and the trading associates that Emperor Star has accumulated will become a powerful resource for the business expansion of EOS Inc. Accordingly, the products and the reputation of EOS Inc. will also enhance the trading performance of Emperor Star in all respects.
ABOUT EOS INC.:
EOS Inc. (OTC:EOSS) is a holding company registered in Nevada, USA, who has a vast distribution network associates with many dealer companies providing health care, beauty care, and environment friendly cleaning products in Asia.
Since the first quarter of 2017, EOS Inc. has aggressively expanded its marketing channels in China and Southeast Asian countries. Its products are positively confirmed in these markets. The opening of the three flagship stores in Nanning is its new milestone.
Accordingly, after the flagship stores opened in Singapore, the associate EOS sales teams in Malaysia, Indonesia, Thailand, and Cambodia are also taking moves aggressively.
On May 3rd, 2017, EOS Inc. acquired Emperor Star trading company in Taipei, Taiwan to strengthen their business and prepare for the challenge of OBOR development in the aforesaid areas.
For more information on EOS, Inc. please visit the website: https://eosinc999.us/
Forward-Looking Statements:
Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this paragraph and the risks and other factors detailed in EOS Inc.'s reports filed with the Securities and Exchange Commission. EOS INC. undertakes no duty to update these forward-looking statements.
CONTACT: Frank Jia, frank.ctc@eosinc999.com
SOURCE : EOS Inc.
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