Wednesday, 31 July 2019

Come August, national roadshow brings hyperloop pod to US communities

KUALA LUMPUR, July 31 (Bernama) -- Virgin Hyperloop One (VHO) has launched its first US roadshow to bring XP-1 hyperloop pod to communities across the United States (US) and start a dialogue on the new form of mass transportation.

The national roadshow kicks off as states and cities across the world are competing to be the first to implement hyperloop technology, realising the significant socio-economic benefits of early adoption.

The XP-1’s first stop will be in Columbus, Ohio on Aug 4, and will head to Arlington, Texas for three days, beginning Aug 8, and speeding to Kansas City, Kansas on Sept 14. It will also be stopping throughout the heartland to share the progress and promise of hyperloop technology.

It will give local communities a chance to see first-hand the historic test pod and learn more about their states’ progress in bringing hyperloop to fruition in a matter of years, according to a statement.

In May 2017, XP-1 completed the world’s first full-system hyperloop test. During the test, XP-1 had set the full-scale hyperloop speed record of 240 miles per hour on just 550 yards of track.

VHO is a leading hyperloop company launching the first new mode of mass transportation in over 100 years. For more information, visit https://hyperloop-one.com.

-- BERNAMA

AN EXCLUSIVE PBS INDUSTRIAL TALK ON 'LIVING THE MAYBANK BRAND' WITH ADJUNCT PROFESSOR NORA A MANAF

SERDANG, July 31 (Bernama) -- Putra Business School (PBS) organized its industrial talk with Adjunct Professor Nora A Manaf, Group Chief Human Capital Officer, Maybank on ‘Living the Maybank Brand’. The talk was held on 27thJuly 2019 at Putra Business School Auditorium. The event had successfully attracted more than 70 postgraduate students. Also present were the President & CEO of PBS, Prof. Dr. Zulkornain Yusop and PBS faculty member, Prof. Dr. Abu Bakar Sade. The speaker graciously shared her expansive experience on building its Maybank brand and her concern for millennials in keeping abreast with the demand of IR 4.0. She has also emphasized that every employer needs to have employees who are digital literate and be a problem solver to spearhead the current development.
 
She notably made it clear from her ideas in building a humanized workplace through various initiatives whereby she implemented the up to one-year maternity leave for female staff. This was to enhance the employees working engagement, commitment and performance.
 
Bringing an industry player is an excellent exposure to have greater understanding on the real-life practices in industry. “The talk allows me to understand the challenges that the most organizations are facing today, this is truly a beneficial knowledge for both my studies and work” said Elizabete Kalnozola, an MBA student. The talk ended with a token of appreciation presented to Puan Nora and a group photo session.
 
ABOUT PUTRA BUSINESS SCHOOL
 
Putra Business School (PBS) was formerly known as the Graduate School of Management (GSM), Universiti Putra Malaysia (UPM). It is a leading business school in Malaysia and the first post-graduate business school accredited by AACSB - The Association to Advance Collegiate Schools of Business. Only fewer than 5% of business schools worldwide have these accreditation. PBS is also accredited by ABEST21 (The Alliance on Business Education and Scholarship for Tomorrow, a 21st Century Organisation). All programmes offered by PBS are accredited by the Malaysian Qualifications Agency (MQA) and approved by the Ministry of Higher Education.
 
The academic programmes offered by PBS include MBA (General Management), MBA (Corporate Governance) in collaboration with Malaysian Institute of Chartered Secretaries and Administrators (MAICSA), MBA (Marketing) in collaboration with Institute of Marketing Malaysia, MBA (Human Potential Management) in collaboration with Malaysian Institute of Human Resource Management, MBA (Finance), MBA (International Business), specialised Master of Science (MSc) and Doctor of Philosophy (PhD).
 
The value added into students’ qualifications is also enhanced by the recent collaboration with a professional body, the Chartered Management Institute (CMI). The CMI is an accredited professional institution for management, based in United Kingdom. This will create impact to graduates with added professional associateship. PBS has also formalized collaboration with Finance Accreditation Agency (FAA). This FAA is supported by the Central Bank of Malaysia and as such the quality of professional learning in the financial services industry will be well-monitored.
 
The programmes offered by PBS are designed to nurture its students to become leaders with human governance values and principles. PBS also engages in research, consultancy and business development activities. For more information, please visit our website at http://www.putrabusinessschool.edu.my.
 
Source: Putra Business School (PBS) 

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Siti Badarny Hassan
Director of Marketing and Communications
Email: badarny@putrabs.edu.my

--BERNAMA

Announced: adoption rates on world´s first e-commerce-centric fast blockchain

KUALA LUMPUR, July 31 (Bernama) -- The aBey Foundation has recently announced the adoption rates of the world’s first e-commerce-centric fast blockchain, following the first anniversary of its public release.

“Since the public launch of aBey on July 30, 2018, we have amassed more than 100,000 active users within the first 12 months of that date. aBey’s growth rate exceeds Bitcoin’s early growth by a factor of more than eight times,” said aBey chief scientist and co-creator, Dr Ciprian Pungila.

Among the major early adopters, aPay Systems, a high-volume online payments processor has chosen the aBey blockchain as the technical under-pinning of its service. With aBey, the company has completed every single transaction in milliseconds.

aBey’s key features include speed, supporting up to 100K transactions per second, refundable transactions and intrinsic lending, including on-the-spot lending with instant compliance checks using Vault Lending Gateways.

A richly-featured WordPress plugin, aBeyWPP, will be released in early 2020, bringing click-to-buy and transaction status functionality to more than 75 million websites.

For more information, visit http://abey.com.

-- BERNAMA

Monday, 29 July 2019

TherapyLine, launched in 3 new markets, for Muslim mental health services

KUALA LUMPUR, July 29 (Bernama) -- TherapyLine, the online mobile mental health company for Muslims has been launched in three new markets, namely the United Kingdom (UK), Australia and New Zealand, to provide professional counselling to Muslims worldwide.

Originally launched in Canada, TherapyLine provides unlimited counselling from professionally licensed Muslim counsellors via direct messaging through the Therapyline.org website for about US$179 per month. (US$1 = RM4.13)

“Currently, about 2.3 million Muslims live in the United Kingdom, over 600,000 live in Australia and about 50,000 live in New Zealand, so that is about three million more Muslims we can now reach (out to) that might not have tried to seek mental health before,” said TherapyLine founder and chief executive officer, Faisal Khan.

TherapyLine is looking at the UK as an entry to provide Therapy to Muslims in Europe, as well as part of its longer term plan to go worldwide, according to a statement.

As the topic of mental health is not discussed among Muslims or publicly at Islamic institutions, TherapyLine aims to change and normalise this, in addition to obtaining access to professional mental health services in the Muslim world.

-- BERNAMA

MADISON REALTY CAPITAL CLOSES $1.3 BILLION IN ORIGINATIONS AND NOTE PURCHASES YEAR-TO-DATE IN 2019

Deals included all major asset classes and stretched across six US states


NEW YORK, July 29 (Bernama-GLOBE NEWSWIRE) -- Madison Realty Capital (MRC) announced that it closed over $1.3 billion in financing and note purchases year-to-date in 2019. The nationwide transactions, between $21.4 million and $314 million, touched all major asset classes and included deals in New York, New Jersey, Texas, Florida, California and Massachusetts. The firm’s debt investment platform focuses on originating senior-secured loans, mezzanine loans and preferred equity investments in the middle-market as well as performing note purchases and acquiring non-performing loans. 

Highlights throughout 2019 included:
  • $314 million construction loan on the Raffles Boston Back Bay Hotel & Residences, a mixed-use project in Boston’s Back Bay neighborhood
  • $225 million construction loan on The Residences at Mandarin Oriental, Boca Raton, a planned luxury condominium tower in Boca Raton, Florida
  • $138 million financing package for a mixed-use development at 300 West 122nd Street in the West Harlem neighborhood of Manhattan
  • $72 million first mortgage for The Ray, a 141-room hotel and retail development in Delray Beach, Florida
  • $53 million construction loan on a mixed-use development in the Washington Heights neighborhood of Manhattan
  • $50 million first mortgage for a mixed-use condominium development in the Broadway Triangle neighborhood of Brooklyn, NY
  • $30 million first mortgage for a mixed-use development at the site of the former RKO Keith's Theater in Queens, NY
  • $28 million first mortgage on a medical office building located in The Heights neighborhood of Houston, Texas
“We continue to see a steady pipeline of opportunities with little-to-no signs of a slowdown,” said Josh Zegen, Co-Founder and Managing Principal of MRC. “Our national expansion is well underway as our lending programs continue to attract premier sponsors in major markets across the United States. Funding projects with world renowned names such as Mandarin Oriental and Raffles also indicates that our capabilities are having a growing influence across the globe. We are very pleased with a very robust first half of 2019 and we believe our rare combination of expertise, speed and certainty of execution will contribute to even greater success in the second half of this year."

About Madison Realty Capital (MRC)

Madison Realty Capital (MRC) is a New York City-based real estate private equity firm focused on debt and equity investment strategies. Founded in 2004, MRC has closed on approximately $11 billion of transactions in the multifamily, retail, office, industrial and hotel sectors. The firm manages investments in the United States on behalf of a global investor base consisting of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds, family offices, and high net worth individuals. MRC is a fully integrated firm with over 60 employees across all real estate investment, development, and property management disciplines. Debt strategies include construction and acquisition lending, special situation financing and debt acquisitions; equity real estate strategies include opportunistic and value-add investments as well as ground-up development. Among other industry recognitions, MRC has been named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as one of the industry’s top construction lenders.

Media inquiries, contact
Great Ink Communications: (212) 741-2977
Tom Nolan –  tom@greatink.com
Al Barbarino – al@greatink.com

SOURCE : Madison Realty Capital

Friday, 26 July 2019

A CELEBRATION OF "ENTREPRENEURSHIP EMPOWERMENT"

● Award ceremony to be held on 8th of November 2019 at Grand Ballroom, The Palace of the Golden Horses.
● New award categories recognising the health, wellness and beauty sector to be introduced

KUALA LUMPUR, July 26 (Bernama) -- The SME & Entrepreneurship Business Award 2019 | SEBA 2019 is back again for the fourth consecutive year and will take place on 8th of November 2019 at the Grand Ballroom, Palace of the Golden Horses. Calls for nominations are currently open via www.seba.asia

This year, under the auspices of Yayasan Usahawan Malaysia both the SEBA 2019 & MURFEST 2019 will be held consecutively at Palace of the Golden Horses.

SEBA is an annual initiative set up by Yayasan Usahawan Malaysia and is supported by the Ministry of Entrepreneur Development (MED) Malaysia to recognise Malaysia's most outstanding entrepreneurs and enterprises while uncovering growing talents and upcoming companies that are transforming the industries they operate.  Some of the past award recipients includes Tony Fernandes (Air Asia), Patrick Grove (Catcha Group), Anthony Tan (Grab), Bernard Chandran and Leslie Gomez of Olive Tree Group many others.

"It is critical for SMEs to connect and collaborate on a synergistic platform for mutual benefit. Not just an award, SEBA 2019 is a catalyst for entrepreneurs to grow together with their team members and to meet other like-minded entrepreneurs through our year-long programmes that are in place to educate, train and mentor entrepreneurs,” says Nitesh Malani.

SEBA 2019 will also see a special focus in the wellness industry as part of the on-going collaboration with MURFEST. The wellness industry which is reported to be worth over RM13 trillion globally, is also one of the fastest-growing sectors in Malaysia with a spending of RM 20.5 billion per annum.  SEBA 2019 will introduce several new categories to recognise entrepreneurs in the health, beauty & wellness industry.

Several Memorandum-of-Understanding (MOUs) were signed at the launch yesterday with key strategic stakeholders.

The MoUs signed were between:

● Yayasan Usahawan Malaysia & RAM Credit Information Sdn Bhd (RAMCI);
● Yayasan Usahawan Malaysia & Cheng & Co Sdn Bhd;
● Yayasan Usahawan Malaysia  & Malaysian Association of Professional Trainers & Coaches (MAPTaC)
● Xhale Asia (M) Sdn Bhd & GHHS Wellness Sdn Bhd

This year’s SEBA will also feature a new vibrant advisory board that will be providing strategic counsel to the SEBA 2019 award committee. Board members include Nitesh Malani (Chairman of Yayasan Usahawan Malaysia), YBhg. Datuk Wan Suraya Mohd Radzi (Secretary General of the Ministry of Entrepreneur Development, Malaysia), Tan Sri Lee Kim Yew (Founder & Executive Chairman Country Heights Holding Bhd), Lyndia Wong (Organising Chairperson of SEBA 2019), Zhariff Afandi (Malaysian Youth Icon & International Motivator), Kishva Ambigapathy (Chairperson of Commonwealth Youth Council), Dato’ Lee Chung Han (Chairman of Guardian Group), Tom Wong (CEO of Cheng & Co.) and Dato’ David Gurupatham (Lawyer &  Advisor to Yayasan Usahawan Malaysia)

More information and latest updates on both the events can be found here:

MURFEST:
Official Site: www.murfest.com
Facebook: https://www.facebook.com/MURFEST/

SEBA:
Official Site : www.seba.asia
Facebook : https://web.facebook.com/sebasmeawards/ 

About Yayasan Usahawan Malaysia (MyPreneurship)
 
Yayasan Usahawan Malaysia (MyPreneurship) is a non-government organisation that strives on the frontier of gathering, creating and developing sustainable companies with strong entrepreneurship traits. The organisation builds credibility on serving as a platform that supports the development of companies across all businesses. It offers programmes that are tailored with their best interest in mind to ensure that they can achieve their goals while sustaining core values.

http://mrem.bernama.com/viewsm.php?idm=35084

​AM BEST AFFIRMS CREDIT RATINGS OF CENTRAL REINSURANCE CORPORATION

​AM BEST AFFIRMS CREDIT RATINGS OF CENTRAL REINSURANCE CORPORATION

Thursday, 25 July 2019

OKEx contributes US$4.5 million to strengthen cryptocurrency trading confidence

KUALA LUMPUR, July 25 (Bernama) -- OKEx has donated Bitcoin worth US$4.5 million to its perpetual swap market insurance fund to boost customer confidence in trading cryptocurrencies. (US$1=RM4.12)

In a statement, the world’s leading cryptocurrency exchange said the donation would provide an extra layer of protection to the customers, further ensuring that all customer interests were safeguarded.

OKEx Operations head, Andy Cheung said no clawback occurred on OKEx perpetual swap since its launch.

“We introduced a new risk management system to strike a better balance between avoiding early liquidation and maximising trader benefits.”

OKEx’s world-leading crypto marketplace serves millions of users globally, offering hedging and arbitrage instruments, such as futures and perpetual swaps, to help traders optimise their trading strategies.

With a comprehensive security system, no major security issues, hacks and asset losses have ever taken place on OKEx.

-- BERNAMA

AVIATION WEEK NETWORK BRINGS COMMERCIAL TOPICS TO SINGAPORE WITH MRO ASIA-PACIFIC AND AEROENGINES ASIA-PACIFIC AT ONE VENUE, SEPTEMBER 24-26

Agendas to tackle topics with C-Level and Industry Experts who are leading innovation and growth in the region


NEW YORK, July 25 (Bernama-GLOBE NEWSWIRE) -- Aviation Week Network is returning to Singapore for MRO Asia-Pacific and AeroEngines Asia-Pacific, the region’s largest and most comprehensive conference and exhibition for the Maintenance Repair and Overhaul industry.  The events will be held September 24-26 at the Singapore Convention and Expo Centre in Singapore.

With more than 5,000 registered attendees, MRO Asia-Pacific & AeroEngines Asia-Pacific attract key decision makers, airline buyers and industry leaders.  The events offer peer-to-peer learning with case studies, proven methodologies and realistic approaches and offer an open platform for OEMs, airlines, MROs, suppliers and buyers to build contacts and exchange ideas.

The exhibition hall, with more than 200 solution providers, creates an open platform for all delegates to build contacts, exchange experiences, view an extensive showcase of effective solutions and products and test them first hand. The experience of MRO Asia-Pacific stretches beyond the exhibition hall, and into the conference sessions.

The conference portion of the event will include separate tracks for MRO and AeroEngines, with both featuring industry leaders providing valuable insights on maintenance, engines, digital solutions, new technology,and supply-chain.  See here for MRO agenda and Aero-Engines agenda.  Speakers include decision-makers from major providers and airlines.  Highlights include:
  • Comprehensive Forecast Analysis (panel discussion) with Ian Wolfe, Senior Advisor Engineering and Fleet Management, Cebu Pacific Air, Mike Stengel, Senior Associate, AeroDynamic Advisory, and Richard Kendall, Group Director Airframe Services, HAECO Group.
     
  • Engine Aftermarket Analysis and Trends with James Bennett, Director of Sales and Marketing, AerFin, Jean-Jacques Reboul, Airlines & Fleets Regional Director – Asia-Pacific, StandardAero, and Mike Stengel.
     
  • New Wave of Digital Solutions with Arun Srinivasan, Senior Manager - Engine Health Management, Pratt & Whitney, and Henrique Heidemann Cardoso, Manager, Technical Support, Embraer.
     
  • Exploring the Regional Trend of Legacy Giants Entering the LCC Sector with Jonathan Hutt, Commercial Director, HK Express, Shingo Nishida, President, ZIPAIR Tokyo Inc., and Yasuhiro Fukada, Executive Officer, CMO, ZIPAIR Tokyo Inc.
     
  • MRO Data Analytics for Intelligent Decision Making moderated by Janesh Janardhanan, Consulting Director, Aerospace & Defense, Frost & Sullivan, with Janite Quiran Parmanande, Innovation Engineer, TAP Maintenance & Engineering, Lee Hui Fung, VP, Smart MRO, Aerospace, ST Engineering, and Shiv Trisal, Associate Director, Aftermarket Digital Strategy, Aftermarket Services, Collins Aerospace.
     
  • MRO Innovations:  Adoption and Risk Management of New Technologies, with Rahul Shah, SVP Strategic Growth, Business Development Asia Pacific, Middle East and Africa, AAR Corporation, Andrew Hewitt, Head of Engineering Contracts & Leasing, Air New Zealand, Arnaud Brolly, Portfolio Evolution & Business Innovation, SITA, and Brandon Keener, Executive Director, Operations Strategy, Worldwide Repair, Collins Aerospace.
Meet the Buyers will again be featured on the show floor.  This segment provides enhanced networking opportunities through a series of face-to-face meetings between buyers and suppliers and will expand to include OEMs.

“Asia is the industry’s fastest-growing region with the most influential members of the MRO world locally and globally gathering in Singapore,” said Lydia Janow, Managing Director, Events, Aviation Week Network.  “MRO Asia-Pacific grows each year as we optimize our delegates’ and exhibitors’ investment as they make deals and share knowledge.”

MRO Asia-Pacific sponsors are: Platinum HEICOSATAIR and StandardAero, and Gold: APS, Chromalloy, Collins Aerospace, Embraer, Lufthansa-Technik, Pratt & Whitney, ST Engineering Aerospace,and TP Aerospace.

Registration is taking place Tuesday, September 24 from 8 a.m. to 5 p.m., Wednesday, September 25 from 8 a.m. to 5:30 p.m., and Thursday, September 26 from 8 a.m. to 3 p.m.

ABOUT AVIATION WEEK NETWORK 
Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace, and defense industries, serving 1.7 million professionals around the world. Industry professionals rely on Aviation Week Network to help them understand the market, make decisions, predict trends, and connect with people and business opportunities. Customers include the world's leading aerospace manufacturers and suppliers, airlines, airports, business aviation operators, militaries, governments and other organizations that serve this worldwide marketplace. Aviation Week Network’s portfolio delivers award-winning journalism, data, intelligence and analytical resources, world-class tradeshows and conferences, and results-driven marketing services and advertising. principle is helping our customers succeed.

Aviation Week Network is part of Informa Markets, a division of Informa PLC.

ABOUT INFORMA MARKETS
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

CONTACT:
Elizabeth Kelley Grace
+1-561-702-7471
Elizabeth@thebuzzagency.net

SOURCE : Aviation Week Network

Wednesday, 24 July 2019

AMINVESTMENT WON TOP HONOURS AT THE ASSET TRIPLE A ISLAMIC FINANCE AWARDS 2019

KUALA LUMPUR, July 24 (Bernama) -- AmInvestment Bank Berhad (“AmInvestment Bank”) receives further recognition from The Asset as they won six awards at The Asset Triple A Islamic Finance Awards 2019. The awards were presented at the Four Seasons Hotel in Kuala Lumpur on Thursday, 4 July 2019. 
 
The full list of awards won by AmInvestment Bank is as follows:

1. Best Islamic Loan Adviser 

2. Best Structured Finance Sukuk 
MBSB Bank Berhad’s RM2.295 billion structured covered Sukuk facility
Our roles: Joint Solicitation Agent, Joint Principal Adviser, Joint Lead Arranger and Joint Lead Manager
 
3. Best Government-Guaranteed Sukuk 
Pengurusan Air SPV Bhd’s RM2.1 million Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
  
4. Best Corporate Hybrid Sukuk
Yinson TMC Sdn Bhd’s RM950 million perpetual sukuk issuance
Our roles: Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager and Joint Shariah Adviser.
 
5. Best Local Currency Sukuk  
Cagamas Berhad’s RM1.5 billion Sukuk issuance
Our role: Joint Lead Manager
 
6. Best Islamic Project Finance Deal
DanaInfra Nasional Berhad’s RM2.5 billion Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
 
Commenting on the awards, Seohan Soo, Chief Executive Officer, AmInvestment Bank said,”We thank our clients for their continued trust in AmInvestment Bank and we share these awards with them. These awards will spur us on to continue delivering customised and innovative investment banking solutions for our clients.”
 
“We’re delighted to be recognised once again by The Asset with six accolades that celebrate our position as a leading investment organization and underline our investment expertise. These achievements demonstrate our continuous commitment to provide the best investment solutions to our corporate, sovereign and institutional clients,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.

About AmBank Group
 
AMMB Holdings Berhad is the holding company of AmBank Group and has been listed on the Main Market of Bursa Malaysia since 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM13.7 billion and assets of RM158.8 billion as at 31 March 2019.
 
AmBank Group is one of Malaysia’s premier financial solutions groups with over 43 years of experience in supporting Malaysians in their economic development. AmBank Group offers a wide range of both conventional and Islamic financial solutions and services, including wholesale banking, retail banking, investment banking, underwriting of general insurance, life assurance and takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.
 
The Australia and New Zealand Banking Group (ANZ) is the biggest shareholder in the AmBank Group with a 23.8% holding and provides support with Board, risk and financial governance, product offerings and new business developments. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (IAG). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc (MetLife). The Group benefits in terms of expertise transfer from IAG and MetLife.
 
For more information, please visit www.ambankgroup.com

Alibaba.com opens platform to globally empower US businesses

KUALA LUMPUR, July 24 (Bernama) -- Alibaba.com, one of the world’s largest B2B e-commerce marketplaces has opened its platform to empower United States (US) businesses to sell their products to millions of Alibaba.com buyers in the US and globally.

Currently, nearly 30 million small and medium-sized businesses (SMBs) in the US, including manufacturers, wholesalers and distributors are able to access the US$23.9 trillion global B2B e-commerce market, an opportunity that is six times larger than the global B2C e-commerce market.

“With 10 million active business buyers in over 190 countries and regions, we are reshaping B2B commerce by providing the tools and services needed for US SMB companies to compete and succeed in today’s global marketplace,” said Alibaba Group, head of North America B2B, John Caplan.

Alibaba.com is also unveiling an enhanced ecosystem of participants which include anchor sellers and B2B service providers who share the company’s mission to make it easier for SMBs to do business.

The company is also co-producing a series of ‘Build Up’ workshops and webinars with local chambers of commerce and B2B organisations across the country, including SCORE, one of the nation’s largest non-profit networks of volunteer, expert business mentors.

Launched in 1999, Alibaba.com is a business unit of Alibaba Group, which is engaged in services covering all aspects of commerce. For more information, contact https://www.alibaba.com.

-- BERNAMA

Online Muslim counsellors now available in United States

KUALA LUMPUR, July 24 (Bernama) -- TherapyLine enters the United States (US) market today to help bring online professional therapy to over 3.4 million Muslims in the country.

Launched in Canada a few months ago, TherapyLine is an online platform that provides unlimited anonymous direct messaging therapy from professionally licensed Muslim counsellors.

With US$179 (RM737.28) monthly fee, users can choose a therapist for depression, anxiety, addiction, marriage counselling and others by text. (US$1=RM4.12)

The first state which TherapyLine will enter is Michigan, and there are plans to expand it to New York, Illinois and Minnesota.

More details at www.therapyline.org.

-- BERNAMA

IMMERSE YOURSELF IN AN E-SPORTS EXTRAVAGANZA AT THE E-SPORTS & MUSIC FESTIVAL IN HONG KONG

IMMERSE YOURSELF IN AN E-SPORTS EXTRAVAGANZA AT THE E-SPORTS & MUSIC FESTIVAL IN HONG KONG

Saturday, 20 July 2019

Cloudflare reports 2019 second quarter growth

KUALA LUMPUR, July 19 (Bernama) -- Cloudflare, a leading Internet security, performance and reliability company has reported its achievements for the second quarter of 2019, with growth of networks, partnerships and product launches.

In the second quarter, Cloudflare has protected and optimised more than 18 million Internet properties, showing an increase of more than two million from the last quarter. This is made possible through its global network, which spans more than 180 cities in 80 countries .

In the same quarter, Cloudflare has also announced a number of partnerships, including with Tencent Cloud, one of the world’s leading providers of cloud computing and Internet value-added services which has joined the Bandwidth Alliance.

The company has also teamed up with Google to launch AMP Real URL, a solution that gives publishers and site owners increased control over their brands, while simultaneously improving the speed and performance of mobile content.

In May, Cloudflare announced five advancements during its first Speed Week that enabled a faster and more efficient Internet, while in June, the company celebrated its annual Crypto Week by announcing five new cryptography technologies.

Cloudflare also recorded five new cities to its global network and currently has 1,069 employees at the end of the second quarter, compared to 709 employees, one year ago. For more information, contact https://www.cloudflare.com.

-- BERNAMA

Friday, 19 July 2019

Secure-D new malware centre reports global suspicious Android apps

KUALA LUMPUR, July 19 (Bernama) -- Upstream mobile security platform, Secure-D has launched a new mobile malware centre to report on suspicious Android applications it detects and blocks globally.

The technology company aims to further protect mobile subscribers, operators and advertisers from the ever-growing threat of mobile ad fraud, whose value is currently estimated at US$40 billion. (US$1 = RM4.11)

Each app on the Secure-D Index centre features pertinent information such as number of downloads, market infection rate and markets where the app is active.

Data is currently available for 17 markets, including the United States, Russia, India, Germany, South Africa and Egypt, covering up to 1.3 billion mobile data subscribers.

The index lists over 1,500 malicious apps with an estimate of 13.5 billion downloads.

Users can check whether the apps are available on Google Play, have been removed from Google Play or distributed via third-party app stores.

A developer and a link to its website are also provided, when available.

Upstream, Secure-D head, Dimitris Maniatis said Secure-D led the fight against malware, an ever-growing threat for mobile security worldwide.

“We believe a crucial part of this fight is awareness, which mobile users and, surprisingly, a large part of the industry, lack.”

In 2018 alone, Secure-D having processed over 1.8 billion mobile transactions, detected and blocked over 63,000 malicious apps in 16 countries. More details at https://index.secure-d.io/

-- BERNAMA

Thursday, 18 July 2019

Bizagi automates growth in US, digitalises world leading brands


KUALA LUMPUR, July 18 (Bernama) -- Bizagi, the world’s leading intelligent process automation platform provider has announced significant growth in the United States (US) and abroad driven by its success enabling digital transformation for world leading brands.

The growth is based on enterprise adoption of its unique platform, enabling companies to better leverage digital and robotic processes, along with artificial intelligence, to improve customer interaction, speed operations and build revenue.

The company has also made several key executive hires, including its first chief revenue officer, Richard Dufty, leading global go-to-market businesses with a mandate to provide an amazing unified journey and experience for customers.

Bizagi chief executive officer, Gustavo Gomez said the company experienced 100 per cent year-over-year growth in the US last year and was on track to grow 200 per cent this year.

“Our platform’s ability to deliver deep digital process automation while driving broad, fast, business-friendly adoption is remaking how these organisations think about digital transformation.”

To date, users have downloaded Bizagi’s software more than three million times, which is driving tens of thousands of digital automations at over 500 organisations worldwide.

The US growth, in particular, is notable in financial services and government agencies, where organisations are succeeding in digital automation with Bizagi, despite statistics showing the overwhelming majority of digital transformations fail.

Most of them are challenged by processes sitting in systems that are costly, disconnected and slow to change.

-- BERNAMA

​WSO2 INTRODUCES WSO2 API MICROGATEWAY 3.0 TO SIMPLIFY CREATING, DEPLOYING AND SECURING APIS IN MICROSERVICE ENVIRONMENTS

​WSO2 INTRODUCES WSO2 API MICROGATEWAY 3.0 TO SIMPLIFY CREATING, DEPLOYING AND SECURING APIS IN MICROSERVICE ENVIRONMENTS

"TOUR AROUND FUJIAN, HAVE ALL BLESSINGS" -- WELCOME TO THE FANTASTIC WORLD OF COLORFUL ZHANGZHOU



ZHANGZHOU, China, July 17, 2019 /Xinhua-AsiaNet/--

Zhangzhou, situated at South Fujian Triangle, is a key city along the Belt and Road and a well-known ancestral hometown for overseas Chinese and Taiwan compatriots. Known as one of the world cultural heritage sites, one of China's famous historical and cultural cities and one of China's top tourist cities, and the City of Hot Spring, Zhangzhou is a brilliant highlight in the tourism landscape of China. In recent years, Zhangzhou has gone all out to boost the holistic tourism and constantly built the brand of Beautiful Zhangzhou, thus making its tourist economy booming.

There are three world wonders in Zhangzhou.

The first is the world tangible cultural heritage –- Tulou (Earthen Castles) in Nanjing and Hua'an counties, which not only bears the history of but also witnesses the great changes in Zhangzhou.

Nanjing Tianluokeng Tulou Cluster, the iconic Fujian Tulou architecture, consists of one square, one oval and three round earthen castles. It looks like a plum blossom in full bloom dotting the ground in a bird's eye view. Seeing from the hill foot, it also looks like the magnificent Potala Palace high on the mountain. Yun Shui Yao Ancient Town is also in Nanjing County. It became famous at home and abroad because of a namesake film The Knot, or Yun Shui Yao in Chinese. Within the scenic area of Yun Shui Yao, there are the world cultural heritage sites, such as Hegui Building, Huaiyuan Building, the highest, largest and most dense thousand-year-old ancient banyan trees in Fujian Province, a century-old street, an ancient path that dates back to one thousand years ago, and those sacred mountains and clean waters -- all these are seemingly enveloped in aloofness. Hua'an Eryi Building is a piece of peerless artwork among the individual earthen buildings. It is hailed as the King of Tulou thanks to its scientific design, unique structure, exquisite woodcuts and stone carvings, gorgeous wall paintings and picturesque geographical environment.

The second is Zhangzhou Coast Volcano National Geopark in Zhangpu county and Longhai city. With a history of more than 20 million years, it has the best preserved, largest and densest basalt columns in the world, which can be deemed as the world-class volcano spectacle. One million and four hundred thousand giant basalt columns densely queue up like the frozen waterfall falling down high from the cliffs or an array of ribbons hanging down into the sea, presenting a breathtaking view. The jointed basalt columns in square or hexagon stand in orderly lines like warriors going to war. Advancing when the tide ebbs and retreating when the tide bulges, these basalt columns are compared to the Terracotta Warriors on the Sea.

The third to be mentioned is Dongshan Rocking Stone. Located on Dongshan Island, a National AAAA Scenic Area, the Rocking Stone is about 4.37 meters high and weighs more than 200 tons. It has been standing at the seaside for over one thousand years, with no man or wind being ever able to move it, which can be a great fascination for tourists. Dongshan Rocking Stone stands out from over 60 Rocking Stones nationwide because it looks rare, steep and precarious. Praised as the World's Most Unique Stone by the ancient literati, it is indeed one of the world wonders.

In addition to the three wonders, Zhangzhou is also rich in flowers, fruits and aquatic resources, thus being reputed as the Capital of Flowers, Hometown of Fruits and a center of aquatic products. Zhangzhou is now attracting the guests from across the world with its abundant tourist resources and deep cultural heritage. Welcome to beautiful Zhangzhou.

Source: Zhangzhou Municipal Culture and Tourism Bureau

http://mrem.bernama.com/viewsm.php?idm=35024

Wednesday, 17 July 2019

That's entertainment! Keio Plaza Hotel Tokyo offers tea ceremony, luxury accommodation package

KUALA LUMPUR, July 17 (Bernama) -- Japan’s Keio Plaza Hotel Tokyo (KPH) located in Shinjuku, will offer a special summer accommodation package, ‘Tea Ceremony Experience and Luxurious Accommodations for Families’, beginning July 20, until Sept 1.

The accommodation package has been specially designed to keep families with children entertained by providing the unique cultural experience of a Japanese tea ceremony as fond memories of their summer vacation at KPH.

The rooms offered in the package are the very popular ‘Two Queen Beds Rooms’ located on the ‘Premier Grand’ club floors, with use of the Club Lounge included, according to a statement.

Facilitated with two 1.53 metre wide queen-sized beds, parents are able to sleep comfortably with their children. The Premier Grand club guest rooms also feature bathrooms with wash basins that are separate from the bathing and toilet facilities for customers.

Within the package, a tea ceremony master will teach the conduct and etiquette of traditional Japanese custom through the serving of carefully-prepared tea and delicate Japanese sweets.

After adults are finished learning about tea ceremony, children will be given the chance to prepare Japanese green tea themselves. Special certificates will be given upon completion of the ceremony.

For more information, contact https://www.keioplaza.com.

-- BERNAMA


MELISSA HIGHLIGHTS BIG DATA QUALITY TOOLS AT CDAO SINGAPORE

MELISSA HIGHLIGHTS BIG DATA QUALITY TOOLS AT CDAO SINGAPORE

​GLOBAL 'HBR ASCEND YOUTH SKILLS SURVEY' 2019 RELEASED

NEW DELHI, July 16 (Bernama-BUSINESS WIRE) -- On World Youth Skills Day, HBR Ascend, a mobile-first learning platform for young professionals from Harvard Business Review, released the 2019 edition of the HBR Ascend Youth Skills Survey providing valuable insights about the new perspectives and opinions of millennials about their work. HBR Ascend surveyed over 2,700 young professionals and graduating students from 100+ countries.

“The HBR Ascend Youth Skills Survey reveals that Millennials are hungry to learn and willing to invest in upskilling to acquire soft skills like Strategic Thinking, Negotiation Techniques, Networking Skills, Communications, and Analytical Thinking,” says Vivek Chachra, Country Manager (India), Harvard Business Publishing.

Insights from the Survey

- Almost three out of four respondents are confident about their technical ability. Less than 10% expressed a lack of confidence in their technical skills.
- Top barriers to performance at work reflect more culture related factors than a lack of personal development, including office politics (27%), lack of training and development (26%), unclear roles (22%), restrictive work culture (20%), lack of collaboration (19%), and excessive workload (18%).
- In USA, 40% of respondents voted office politics as the top barrier to performance. In South-East Asia, 30% of respondents blamed “difficult boss” as their biggest barriers to performance.
- The desire for improving employability skills was reported in high measures. Negotiations skills (31%), technical skills (30%), and strategic thinking skills (26%) rank highest for the UK and EU. Respondents from the USA are looking to learn technical skills (36%), negotiation skills (31%), and persuasion skills (25%).
- While a vast majority prefers learning soft skills through articles, blogs and research publications, the majority in India (57%) and South-East Asia (56%) prefer videos as a medium.
- An employer of choice is defined by five key characteristics: flexible work conditions (27%), a clear career path with advancement opportunities (25%), strong training and development programs (20%), a clear vision of corporate goals and mission (20%), and passionate and engaging leaders (19%).
- Around 61% respondents indicate they are aware that aspects of their work could be replicated by artificial intelligence. 9% lack clarity around the impact of AI on their role. In USA, only 30% respondents show confidence about their role not being taken over by AI.

http://mrem.bernama.com/viewsm.php?idm=35005

Tuesday, 16 July 2019

Preqin announces private equity data availability via FactSet


KUALA LUMPUR, July 16 (Bernama) -- Preqin has announced its industry-leading private equity data will be available via FactSet, a global provider of integrated financial information, allowing users to seamlessly integrate private market data into their workflows.

“Allocators will now be able to get unparalleled analysis that spans every asset class, while deal makers will have access to a wealth of added insights on potential buyers and sellers to optimise their deal sourcing,” said Preqin Global Head of Partnerships, Ayo Akindele.

Subscribers will be able to access the data via the FactSet workstation, according to a statement.

Clients will also be able to see an integrated live feed of Preqin data on private equity fund managers, investors and performance alongside FactSet’s own datasets, enabling users to conduct in-depth analysis of private equity performance.

As of July 15, Preqin and FactSet subscribers can request for Preqin data in their FactSet platform. FactSet subscribers who are not Preqin subscribers will also be able to obtain Preqin subscriptions through FactSet directly.

-- BERNAMA

'Toy Story'- themed carnival comes alive at Hong Kong's Harbour City

KUALA LUMPUR, July 16 (Bernama) -- While Disney and Pixar’s ‘Toy Story 4’ hit the big screens worldwide, Hong Kong’s largest shopping mall, Harbour City has joined forces with Disney to bring the movie to life until Aug 4.

Inspired by the movie, Harbour City has transformed into a ‘Toy Story’-themed carnival with different games and challenges at Ocean Terminal Forecourt, next to Star Ferry Pier and Ocean Terminal Deck with the stunning Victoria Harbour view.

Fans can play with Woody and the gang under the best Harbour & Sunset views in Hong Kong, according to a statement.

Other fun, immersive activities, including The Art of Toy Story 4 exhibit, kids’ workshops, ‘Toy Story 4’ pop-up store, along with a ‘Toy Story’ themed dessert pop-up store and a Summer Splash Photo Fun hotspot are also presented by Hong Kong Disneyland.

Visitors can also register on https://pass.harbourcity.com.hk to redeem a free Our Toy Stories ‘Passport’ and take an exhilarating journey throughout the mall to enjoy a wide range of interactive activities and collect commemorative stamps at various hotspots.

For more information, contact http://www.harbourcity.com.hk.

-- BERNAMA

Monday, 15 July 2019

AM Best downgrades credit ratings of NZ´s Provident Insurance

KUALA LUMPUR, July 15 (Bernama) -- AM Best has downgraded the Financial Strength Rating to B (fair) from B++ (good) and the Long-Term Issuer Credit Rating to ‘bb+’ from ‘bbb’ of Provident Insurance Corporation Limited (PICL) New Zealand.

Concurrently, the global rating agency focused on the insurance company has placed these credit ratings under review with negative implications.

The ratings reflect PICL’s balance sheet strength, which AM Best described as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

The ratings’ downgrade reflects a deterioration in AM Best’s view of PICL’s balance sheet strength fundamentals.

The insurance company’s risk-adjusted capitalisation for the fiscal year-ended March 31, as measured by Best’s Capital Adequacy Ratio, is expected to have significantly weakened as compared with AM Best’s prior expectations.

Moreover, the under review with negative implication status reflects the uncertainty that remains around the finalisation of PICL’s year-end 2019 financial position, as well as prospective expectations.

In order to resolve the under review status, AM Best expects to conduct a full assessment on PICL’s medium-term balance sheet strength fundamentals, as well as undertake a further review of risk management capabilities and capital management, in light of increasing operational scale and widening product offerings.

More details at www.ambest.com

-- BERNAMA

​TINUBU SQUARE LAUNCHES BONDING INSURANCE SUITE

​TINUBU SQUARE LAUNCHES BONDING INSURANCE SUITE

Saturday, 13 July 2019

HONG KONG SCIENCE PARK PRESENT STRONG DELEGATION OF HONG KONG INNOVATIONS AT THE LARGEST TECHNOLOGY CONFERENCE IN ASIA

25 Park companies and incubatees showcase their innovations at the RISE Conference;
HKSTP’s Global Acceleration Academy receives a boost with focus areas identified for 2019/20

HONG KONG, July 12 (Bernama-BUSINESS WIRE) -- Hong Kong Science and Technology Parks Corporation (HKSTP) today announced that it has brought its strongest delegation of 25 Park companies to showcase their latest innovations at the RISE Conference in Hong Kong, held from July 9 – 11, 2019. Organised by Web Summit, the RISE Conference brings together the world’s leading founders, Fortune 500 CEOs, investors, media, and startups from over 100 countries.

As a key supporter and incubator of start-ups in Hong Kong, HKSTP has been actively driving the development of the city into an innovation-led economy. By participating at RISE, HKSTP helped its incubatees and Park companies to demonstrate their innovative solutions, network with potential investors, exchange ideas with other attendees and explore collaborations and opportunities in other markets.

Albert Wong, CEO of HKSTP, said, “This is the fifth year HKSTP has participated in the RISE Conference, and this year’s number of 25 companies is a record high for our contribution to the event. This figure is testimony of the progress we’ve made at the Park in nurturing our start-ups. Some of these companies have even expanded overseas already. This is also a positive reflection of how much Hong Kong has progressed as a hub for I&T.

But more importantly, our participation in RISE and other similar high-profile tech events around the world gives us an avenue to attract overseas talent, top-notch researchers, and other high potential, deep tech technology companies to come to Hong Kong. This will further add even more value to our I&T ecosystem and propel us even more towards becoming the leading I&T hub in the world,” Albert added.

Applying a range of emerging technologies such as AI & Robotics, fintech and medtech, the participating Park companies showcased solutions that can potentially drive digital transformation, create new or enhanced business processes and models. These technologies help to address challenges faced in many sectors of the economy such as manufacturing & construction, healthcare, education, travel & hospitality and logistics*.

HKSTP has been actively showcasing Hong Kong incubatees and Park companies at other major tech and start-up conferences around the world for exhibition and business matchmaking missions. These included the Innovate Finance Global Summit London in April, and the VivaTechnology France and the Collision Conference Toronto in May.

* Please see Appendix for list of companies involved at RISE Conference 2019.

Global Acceleration Academy 2.0 – acceleration programme for corporate innovation

At the event, HKSTP announced an expansion of its international business acceleration programme, the Global Acceleration Academy (GAA). The 13-week long programme is open to high-potential local and overseas start-ups, including non-Park companies, to connect them with world-class enterprises and transform their technologies into practical solutions that have commercial and local value for Asia.

Based on increased demand and positive response from all parties involved, GAA 2.0 will evolve to focus more on industry-based programmes, working with vertical sectors to offer comprehensive solutions for the corporate partners. HKSTP will work closely with the partners to identify the innovation needs in their digital transformation journey or operational challenges. They will then be partnered with the relevant start-ups in a business matching process. Both parties work hand-in-hand to co-create the solutions together. At the end of the programme, a Demo Day will be held, where the teams focus on planning and implementation. HKSTP will produce market insights reports resulting from the interactions and findings during the co-creation process.

For 2019/20, four industry sectors have been earmarked for the GAA programme - real estate, travel & hospitality, healthcare and finance. The GAA 2.0 will kick off with two accelerator themes, Smart Airways and Smart Operation, which support five corporate partners, namely Cathay Pacific, Hong Kong Airport Authority, Hong Kong Disneyland Resort, Regal Hotels International and MTR Corporation.

Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP, said, “The GAA acceleration programme is a win-win for both parties. HKSTP helps corporations review and rethink their strategy on corporate innovation, be an early adopter of emerging technologies while supporting young I&T talent. For the start-ups, they get insightful data specific to the problems they aim to solve, and better support from HKSTP in customising and commercialising their innovations.

Especially for overseas start-ups, they will receive opportunities to learn business practices in Asia, China and the Greater Bay Area, and explore future expansion of their business here. The proof-of-concept innovations they develop can be strong testimonials for them to build reference cases for future business development too.”

The first GAA programme was initiated in April 2017, and over the years it has involved 145 start-ups and companies from all over the world, with 25 corporate partners on board.


About Hong Kong Science and Technology Parks Corporation

Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyse innovations to deliver social and economic benefits to Hong Kong and the region.

Established in May 2001, HKSTP has been driving the development of Hong Kong into a regional hub for innovation and growth in several focused clusters including Electronics, Information & Communications Technology, Green Technology, Biomedical Technology, Materials and Precision Engineering. We enable science and technology companies to nurture ideas, innovate and grow, supported by our R&D facilities, infrastructure, and market-led laboratories and technical centres with professional support services. We also offer value added services and comprehensive incubation programmes for technology start-ups to accelerate their growth.

Technology businesses benefit from our specialised services and infrastructure at Science Park for applied research and product development; enterprises can find creative design support at InnoCentre; while skill-intensive businesses are served by our three industrial estates at Tai Po, Tseung Kwan O and Yuen Long. More information about HKSTP is available at www.hkstp.org.

http://mrem.bernama.com/viewsm.php?idm=34978

Friday, 12 July 2019

Blue Magic nurtures more Japanese cuisine chefs via e-learning programme


KUALA LUMPUR, July 12 (Bernama) -- Blue Magic Inc has developed an e-learning programme, japanese-cuisine.com to teach culture and techniques of authentic Japanese cuisine, in conjunction with the Japanese Culinary Academy.

Slated for a worldwide launch today, the programme is aimed at contributing to the future of Japanese cuisine and food culture, offering opportunities to learn the techniques involved in that cuisine and culture anywhere in the world.

The materials are structured in ways that allow users to watch videos and learn techniques, one by one, that form the basis of Japanese cuisine.

The initial curriculum was created by the academy, with the best chefs in Japan as instructors.

This curriculum also adheres to the guidelines established on April 1, 2016, by the Japanese Ministry of Agriculture, Forestry, and Fisheries, to certify culinary skills for Japanese cuisine outside of Japan.

The programme covers all the knowledge and skills needed for the Bronze Certification within that government-established guideline system.

Initially, lessons will be available in English and Mandarin, with plans to support other languages over the course of the programme.

An e-commerce site is scheduled to be launched early next month to sell the culinary equipment needed to learn Japanese cuisine techniques.

More details at https://japanese-cuisine.com

-- BERNAMA

New Zealand´s UniMed records excellent Credit Ratings - AM Best


KUALA LUMPUR, July 12 (Bernama) -- AM Best has affirmed the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ of Union Medical Benefits Society Limited (UniMed), New Zealand.

The stable outlook of these Credit Ratings reflects UniMed’s balance sheet strength, which AM Best has categorised as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

The company’s balance sheet strength is underpinned by risk-adjusted capitalisation that is categorised as strongest, as measured by Best’s Capital Adequacy Ratio, reflecting its low underwriting leverage and conservative investment approach.

UniMed has a five-year average combined ratio of 94 per cent (2014-2018). Prospectively, AM Best expects UniMed to maintain strong operating results, supported by steady premium growth, adequate product pricing and robust investment returns.

It is a small-sized not-for-profit insurer with a market share of less than four per cent in New Zealand’s health insurance industry based on 2018 gross written premiums, according to a statement.

UniMed’s membership count is expected to increase gradually over the medium term, driven mainly by its newly launched retail offering and a recent portfolio transfer from The Education Benevolent Society Incorporated.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. For more information, contact www.ambest.com.

-- BERNAMA

PICTURESQUE WATERFRONT CORRIDOR ALONG DUCKTAIL CREEK IN HAIKOU

PICTURESQUE WATERFRONT CORRIDOR ALONG DUCKTAIL CREEK IN HAIKOU

HANGZHOU'S LIANGZHU ARCHAEOLOGICAL SITE JOINS UNESCO WORLD HERITAGE SITE CLUB

HANGZHOU'S LIANGZHU ARCHAEOLOGICAL SITE JOINS UNESCO WORLD HERITAGE SITE CLUB

​PURECIRCLE NAMES NEW TOP ADDITIONS TO ITS COMMERCIAL TEAM TO HELP FURTHER FUEL ITS GROWTH

​PURECIRCLE NAMES NEW TOP ADDITIONS TO ITS COMMERCIAL TEAM TO HELP FURTHER FUEL ITS GROWTH

Thursday, 11 July 2019

New Vricon CitySuite serves urban geospatial users

KUALA LUMPUR, July 11 (Bernama) -- Vricon has launched its newest 3D data product, CitySuite to meet the ever-changing demands of the geospatial market.

Derived from Vricon’s Globe in 3D, CitySuite offers worldwide users a highly accurate, immersive 3D at an affordable price.

Vricon CitySuite is designed to help planners with a range of activities, from citywide asset management to smart 3D mapping.

All Vricon CitySuite products are perfectly aligned and include 2m Digital Terrain Models, 3D Building Vectors, 3D Vegetation Vectors and 4D Bridge Vectors.

Vricon chief executive officer, Magnus Brege said: “All urban innovation, whether it involves small pilots or larger Smart City initiatives, requires smart data to plan for the best citizen experience.

“Vricon CitySuite scales to our user needs, from citywide asset management to smart 3D mapping. But unlike other source options, CitySuite provides geospatial products that fit with state and local government budgets.”

Headquartered in Virginia, Vricon serves the global professional geospatial market with world-leading 3D geodata and 3D visualisation solutions. More details at www.vricon.com

-- BERNAMA

"MORI BUILDING DIGITAL ART MUSEUM: TEAMLAB BORDERLESS" TO CELEBRATE FIRST ANNIVERSARY

Welcomed 2.3 million visitors from more than 160 countries

-- Attracting people from overseas as a leading destination of Tokyo, Japan --


TOKYO, July 11 (Bernama-BUSINESS WIRE) -- MORI Building DIGITAL ART MUSEUM: teamLab Borderless, a museum jointly operated by Mori Building Co., Ltd, a leading urban landscape developer, and teamLab, a world-leading digital art collective -- announced that it celebrated its one year anniversary on June 21.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190711005282/en/

The museum was created based on the concept of borderless, experiential exhibits that interact physically with visitors and enable visitors to interact with each other in unique ways, leaving them with a sense of awe and deeply emotional impressions. Its first year, the museum attracted some 2.3 million visitors from more than 160 countries, similar to other leading museums in Japan including Tokyo National Museum and 21st Century Museum of Contemporary Art, Kanazawa*1. In addition, about half of the 2.3 million visitors have come from overseas*2, and according to a questionnaire survey conducted by the museum, it has revealed that almost 50% of these overseas visitors come to Japan for the main purpose of visiting the museum*3.

Moreover, as a leading destination of Tokyo in Japan, the museum has invigorated its surrounding waterfront area. Since the launch of the museum, Aomi Station on the Yurikamome Line, the nearest rail station, has welcomed 50% more visitors, and VenusFort, an adjacent retail complex, has reported its visitation has increased by 20% compared to the last year.
 
*1Sogo Unicom Co., Ltd. Monthly Leisure Industry material (Sep. Issue) “the ranking of total number of visitors in leisure facilities”, Sep. 3rd, 2018
*2Based on the ticket-purchasing data on the museum’s official web page.
(Survey Period: Feb. 16th, 2019--Jun. 7th, 2019)
*3Museum visitor survey (survey period: Oct. 25th, 2018--Nov. 2nd, 2018)
 
About half of 2.3 million visitors have come from overseas

Visitors to the museum totaled approximately 2.3 million in the first year, of which 50% were from overseas, accounting for more than 160 countries or 80% of all countries worldwide. The greatest number of visitors came from the United States, followed by Australia and China, evidence that the museum attracted visitors from far, not just nearby countries. Also, according to a questionnaire survey conducted by the museum, it has revealed that almost half of these overseas visitors come to Japan for the main purpose of visiting the museum.

The number of 2.3 million visitors matches to other leading museums in Japan, including Tokyo National Museum and 21st Century Museum of Contemporary Art, Kanazawa. When the museum opened, advanced tickets were sold out for the following three months, and lines of more than 100 visitors are still forming prior to opening time on weekdays and holidays alike.

Contributing to create Tokyo’s waterfront vibrancy by art & culture

Since the launch of the museum, visitors to Tokyo’s waterfront area including Odaiba have greatly increased. Aomi Station on the Yurikamome Line, the rail station nearest to the museum, has seen passengers’ increase by 50%, and visitors to VenusFort, an adjacent retail facility, has enjoyed a 20% increase in visitors. The museum has also greatly broadened the scope of customers, helping to stimulate retail activity along the entire waterfront.

[Press Kit]
https://goo.gl/MpzVss

View source version on businesswire.com:
https://www.businesswire.com/news/home/20190711005282/en/

Contact

Mori Building Co., Ltd.
Kazuna Takahashi
borderless@mori.co.jp

Source : MORI Building DIGITAL ART MUSEUM: teamLab Borderless

Tradewind Markets Adds Former BNY Mellon Executive as Chief Technology Officer

20 year tech leader brings financial services depth and development expertise


NEW YORK, July 11 (BUSINESS WIRE) -- Tradewind, a financial technology company focused on blockchain solutions, has appointed Leon Shklar as Chief Technology Officer. Leon, who was most recently Managing Director (Technology) at BNY Mellon, will be responsible for all aspects of the firm’s technology including architecture, infrastructure, business applications and innovation.

“Having started with precious metals, our mission is to make alternative assets more accessible to investors, lenders, and borrowers through digitization. We are excited to welcome Leon to our executive team to accelerate our execution,” said Michael Albanese, Chief Executive Officer, who joined the company from J.P. Morgan in April. “Leon is a highly accomplished technologist with a history of successful implementation of web, mobile, and retail platforms across notable technology, finance, and media firms. He has a proven track record of delivering large-scale internet applications and has built and led global software development teams.”

During his tenure at BNY Mellon, Leon led the development of a platform that facilitated the integration of business applications across the bank. He spearheaded the acquisition of a technology company in Israel and was a board member of BNY Mellon Tel Aviv. Previously, Leon worked for Bridgewater Associates, one of the largest hedge funds globally. Leon also held technical leadership roles at the New York Times, Thomson Reuters, and Wall Street Journal / Dow Jones, where he was responsible for developing and scaling software across a global, distributed user base. In addition to his corporate success, he is a co-author of the textbook Web Application Architecture: Principles, Protocols and Practices and holds two US patents on representation and search of heterogeneous data. Leon graduated from Rutgers University with a Ph.D. in Computer Science.

Leon will lead Technology as the company continues to enable assets to be traded, settled and held in custody more securely and cost-effectively. Tradewind launched the first of its solutions for alternative asset classes last year. Tradewind's VaultChainTM Gold and VaultChainTM Silver products provide investors direct ownership of physical gold and silver, with custody and settlement recorded on a blockchain.

“Blockchain and distributed ledger technology bring transparency, trust and immutability to multiple asset classes -- and that’s a game-changer” said Leon. “I’m pleased to join Tradewind’s talented team. Together, we are strengthening the ecosystem for precious metals and other alternative assets -- enabling clearer title of ownership, smooth deployment as collateral, and more secure custody.”

As CTO, Leon will be based in New York City and will report to the CEO.


About Tradewind Markets

Tradewind Markets is a financial technology company that enables alternative assets to be traded, settled, and mobilized with increased security, transparency, and cost efficiency. Tradewind created a digital precious metals market that uses blockchain technology to streamline custody, trade execution, settlement and the maintenance of supply chain information. The Tradewind platform has been adopted by leading institutions in the precious metals market, including the Royal Canadian Mint. Shareholders include IEX Group, Sprott, Goldcorp, Agnico Eagle Mines, IAMGOLD, Wheaton Precious Metals, and Sapphire Ventures.

For more information, please visit: https://tradewindmarkets.com/
View source version on businesswire.com:  https://www.businesswire.com/news/home/20190709005495/en/

Contact

Wes Kaplan
Email: wes@tradewindmarkets.com 
Phone: 929-519-6334

Source : Tradewind Markets