SINGAPORE, Sept 27 (Bernama-GLOBE NEWSWIRE) -- With increasingly volatile trade relations and growing uncertainty in the global economy, and a digital asset industry subject to tough new regulatory measures, many economic thought leaders are calling for a more stable and resilient global currency to reduce the current over-reliance on the U.S Dollar.
The EXR Foundation’s recently announced stable-value digital asset, EXR, joins a shortlist of serious contenders that potentially fit this bill. It will be created alongside Bitcoin, Facebook’s Libra and also the Peoples’ Bank of China’s incoming stable asset for domestic use in China.
What will be the world’s first “global coin”?
Since its announcement, Facebook’s proposed Libra coin, an ambitious bridge between traditional and digital asset industries, has been vilified by authorities and traditional institutions concerned with the social media giant’s data track record, the potential further weakening of the U.S. Dollar, and other competitors inspired by Libra.
After their meeting with the U.S. Congress, it has become clear that Libra will face a very tough battle to win over regulatory bodies in the United States. Moreover, the digital currency chief of China’s central bank has said that Libra could challenge China’s monetary sovereignty and legal currency and that the government is currently developing its own stable asset in response. In fact, Facebook admitted in recent months that it is possible that the “Zuck Buck” might not ever make it to market at all.
On the other hand, Bitcoin, as a “self-made” store of value and one of the first popularized digital assets, is still severely curtailed by fundamental problems that it will likely never overcome. Largely remaining unregulated and anonymous, with its short history tainted by illicit activities, Bitcoin raises many questions over its concentrated ownership distribution, vulnerability to price manipulation by a small pool of investors, limited scalability and intense price volatility. All this suggests that, as opposed to becoming a reputable global payments solution, Bitcoin may remain as a peripheral global asset class that is not likely to transcend its inherent limitations as merely a speculative investment tool.
It has been suggested that the People’s Bank of China’s rumored stable asset will be very different from existing digital assets and may simply represent digital cash to be used within China. Furthermore, any stable asset originating from China with designs on global deployment will likely also face significant backlash from the U.S. Government.
The EXR Foundation’s recently announced EXR digital asset appears to have taken the best lessons learned from Libra, Bitcoin and the history of the U.S. Dollar and Pound Sterling, to make for a strong contender to become a global stable currency.
The Reason for the Rise of EXR
For more than 150 years, the global economy has been ruled by two currencies: first the Pound Sterling, and next, the U.S. Dollar, whose hegemony after the World Wars has not been challenged since, thanks to the unchecked growing power of American banking dynasties.
Yet, there is growing evidence that the U.S Dollar’s influence is waning, due to increasing economic and political pressure and a pending trade war partly brought about by 5G telecommunications.
While there are currently over 70 active stable assets on the market, most are pegged in some capacity to the US Dollar. The EXR Foundation feels that it an opportune time to establish a stablecoin that is not entirely dependent on the U.S. Dollar to derive its value.
What problems are solved by EXR?
Any stablecoin with global aspirations will have to overcome significant hurdles. This includes gaining trust from all stakeholders through full regulatory compliance, a transparent governance model, sufficient backing against real assets, competent security against cyber-attacks and the ability to function as a dependable store of value. Other essential requirements include a strong degree of price stability and an open eco-system to attract increasing monetary and data inflow.
EXR aims to satisfy all the above requirements. By partnering with IBM and using their cutting-edge Hyperledger software, as well as being backed by some of the biggest and most powerful Asian businesses, the EXR Foundation will seek to offer a safe-haven alternative for businesses that seek improved information security, easier cross-border trading, and better access to international markets. EXR is proposed to consist of a basket of leading fiat currencies, equal-weighted and collectively valued at USD1 per token at its date of inception.
Mr. Norihiko Ishihara, founder of EXR Foundation Ltd, had the following to say:
“EXR Foundation is a non-profit organization that brings world-class businesses and dynamic and growing industries such as blockchain, telecoms, e-commerce, retail and finance together to strengthen the global economy. I strongly believe that EXR will provide trusted, diversified stability against negative global events that negatively impact individual fiat currencies”
About EXR Foundation
The EXR Foundation is a global Fintech group registered in Singapore. The non-profit company will be committed to applying the latest blockchain technology and sophisticated digital asset ecosystems in order to build a better global financial system. By leveraging its unique insights, network and access to capital, EXR Foundation will actively build, support and invest in companies with exceptional potential.
To stay up to date with the latest EXR developments, please visit exr.org or contact info@exr.org
http://mrem.bernama.com/viewsm.php?idm=35629
Saturday, 28 September 2019
'Japan Media Arts Distributed Museum' exhibition ends today at Tokyo´s Haneda Airport
KUALA LUMPUR, Sept 27 -- A series of exhibitions staged by the Agency for Cultural Affairs comes to a close today, in the ‘Japan Media Arts Distributed Museum’ at Tokyo’s Haneda Airport.
The series which began on Sept 11, is aimed at demonstrating media arts or Japanese cultures in 10 airports and other institutions.
The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History, according to a statement from the Japan Media Arts Distributed Museum Office.
This event at the airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan.
The exhibition features an installation developed by the AR3Bros., a trio of Japanese augmented reality creators, with the motifs of artworks ‘Edo Scenes Folding Screens’ and ‘Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama’.
These works portraying the feudal period of Edo (old Tokyo), are owned by the National Museum of Japanese History. More information at https://jmadm.jp/en.
-- BERNAMA
The series which began on Sept 11, is aimed at demonstrating media arts or Japanese cultures in 10 airports and other institutions.
The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History, according to a statement from the Japan Media Arts Distributed Museum Office.
This event at the airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan.
The exhibition features an installation developed by the AR3Bros., a trio of Japanese augmented reality creators, with the motifs of artworks ‘Edo Scenes Folding Screens’ and ‘Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama’.
These works portraying the feudal period of Edo (old Tokyo), are owned by the National Museum of Japanese History. More information at https://jmadm.jp/en.
-- BERNAMA
Avis Budget Group names Avis Turkey, Budget Romania as annual award recipients
KUALA LUMPUR, Sept 27 -- Avis Budget Group Inc, a mobility solutions provider has named its Avis Car Rental and Budget Car Rental Licensees of the Year, for the International Region, including Europe, the Middle East, Africa, Asia and Asia-Pacific.
This year’s recipients are Avis Turkey and Budget Romania. Each honouree accepted the accolade at a celebratory event in Lisbon, Portugal.
“Both winners have invested in their businesses, delivered strong growth and consistently generated high levels of customer satisfaction. These awards are (meant) to celebrate and recognise their hard work, passion and dedication,” said Avis Budget Group (International) President, Keith Rankin.
Avis Car Rental in Turkey has driven market growth despite challenging economic circumstances that continue today. It focuses on revenue management and revenue generation, whilst investing in the ancillary sales area of the business.
Meanwhile, Budget Romania accepted the award after a very successful year, which has seen a revenue growth of 19 per cent and a fleet size growth of more than 10 per cent. It also celebrates a 10 per cent increase in its customer service score over the previous year.
The Avis Budget Group International Licensee Awards recognises licensee partners that demonstrate growth in annual financial performance measured against their respective country’s economic conditions, excellence in customer service and alignment with the brand’s initiatives.
More information at https://avisbudgetgroup.com.
-- BERNAMA
This year’s recipients are Avis Turkey and Budget Romania. Each honouree accepted the accolade at a celebratory event in Lisbon, Portugal.
“Both winners have invested in their businesses, delivered strong growth and consistently generated high levels of customer satisfaction. These awards are (meant) to celebrate and recognise their hard work, passion and dedication,” said Avis Budget Group (International) President, Keith Rankin.
Avis Car Rental in Turkey has driven market growth despite challenging economic circumstances that continue today. It focuses on revenue management and revenue generation, whilst investing in the ancillary sales area of the business.
Meanwhile, Budget Romania accepted the award after a very successful year, which has seen a revenue growth of 19 per cent and a fleet size growth of more than 10 per cent. It also celebrates a 10 per cent increase in its customer service score over the previous year.
The Avis Budget Group International Licensee Awards recognises licensee partners that demonstrate growth in annual financial performance measured against their respective country’s economic conditions, excellence in customer service and alignment with the brand’s initiatives.
More information at https://avisbudgetgroup.com.
-- BERNAMA
Friday, 27 September 2019
"JAPAN MEDIA ARTS DISTRIBUTED MUSEUM": LATEST EXHIBITION HELD AT HANEDA AIRPORT WITH AUGMENTED REALITY INSTALLATION PORTRAYING TOKYO'S FEUDAL PAST
TOKYO, Sept. 27, 2019 /Kyodo JBN- AsiaNet/ --
The Agency for Cultural Affairs is using Tokyo's Haneda Airport to stage the latest exhibition in the "Japan Media Arts Distributed Museum" project, an initiative launched by the governmental branch to demonstrate media arts/Japanese cultures at about 10 airports and other institutions. The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History.
Overview of Exhibition at Haneda Airport
Dates & Time: Wednesday, September 11, to Friday, September 27, 2019 (1st year of Reiwa)
*An artwork experience section opens to the public there between 11:30 and 18:30 on these dates.
Location: near the Haneda Nihonbashi Bridge, 5th Floor, International Terminal, Haneda Airport
Content: An installation developed by the AR3Bros., a trio of Japanese augmented reality (AR) creators, with the motifs of artworks "Edo Scenes Folding Screens" and "Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama." These works portraying the feudal period of Edo (old Tokyo) are owned by the National Museum of Japanese History. A section is set up at the exhibition to enable visitors to have an interactive experience with the installation by using AR devices.
Official website: https://jmadm.jp/en/
The Agency for Cultural Affairs has been hosting the "Japan Media Arts Distributed Museum" series of exhibitions at about 10 airports and other places, as part of its new project to demonstrate media arts/Japanese cultures at gateways to the country's different regions. This event at Haneda Airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan. The Haneda segment of the "Distributed Museum" project is organized in collaboration with another exhibition under way at the airport, titled "HANEDA × REKIHAKU: Think Japan" and jointly hosted by Tokyo International Air Terminal Corporation and the history museum known by its abbreviated name of REKIHAKU.
The installation, titled "Find Iemitsu (Shogun Tokugawa Iemitsu) from the Folding Screens, and you will experience the Edo period with AR technology," produced by the creative unit AR3Bros. using AR technology. The artists and creators featured in this series capture cultural resources borne out of various local milieus through their fresh perspectives and display them in places like airports, which serve as gateways to these regions. By showcasing the works of media arts, the organizers are inviting visitors to explore the true spirit of these cultures throughout their travels.
- The organizers are also planning to hold other events at Haneda Airport in the future. Their details will be announced when confirmed.
- Information on upcoming exhibitions in the series, including the names of host airports, will be updated when confirmed.
For more details,
https://kyodonewsprwire.jp/prwfile/release/M105685/201909251284/_prw_PA1fl_ne0X67v3.pdf
Source: Japan Media Arts Distributed Museum Office
http://mrem.bernama.com/viewsm.php?idm=35624
The Agency for Cultural Affairs is using Tokyo's Haneda Airport to stage the latest exhibition in the "Japan Media Arts Distributed Museum" project, an initiative launched by the governmental branch to demonstrate media arts/Japanese cultures at about 10 airports and other institutions. The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History.
Overview of Exhibition at Haneda Airport
Dates & Time: Wednesday, September 11, to Friday, September 27, 2019 (1st year of Reiwa)
*An artwork experience section opens to the public there between 11:30 and 18:30 on these dates.
Location: near the Haneda Nihonbashi Bridge, 5th Floor, International Terminal, Haneda Airport
Content: An installation developed by the AR3Bros., a trio of Japanese augmented reality (AR) creators, with the motifs of artworks "Edo Scenes Folding Screens" and "Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama." These works portraying the feudal period of Edo (old Tokyo) are owned by the National Museum of Japanese History. A section is set up at the exhibition to enable visitors to have an interactive experience with the installation by using AR devices.
Official website: https://jmadm.jp/en/
The Agency for Cultural Affairs has been hosting the "Japan Media Arts Distributed Museum" series of exhibitions at about 10 airports and other places, as part of its new project to demonstrate media arts/Japanese cultures at gateways to the country's different regions. This event at Haneda Airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan. The Haneda segment of the "Distributed Museum" project is organized in collaboration with another exhibition under way at the airport, titled "HANEDA × REKIHAKU: Think Japan" and jointly hosted by Tokyo International Air Terminal Corporation and the history museum known by its abbreviated name of REKIHAKU.
The installation, titled "Find Iemitsu (Shogun Tokugawa Iemitsu) from the Folding Screens, and you will experience the Edo period with AR technology," produced by the creative unit AR3Bros. using AR technology. The artists and creators featured in this series capture cultural resources borne out of various local milieus through their fresh perspectives and display them in places like airports, which serve as gateways to these regions. By showcasing the works of media arts, the organizers are inviting visitors to explore the true spirit of these cultures throughout their travels.
- The organizers are also planning to hold other events at Haneda Airport in the future. Their details will be announced when confirmed.
- Information on upcoming exhibitions in the series, including the names of host airports, will be updated when confirmed.
For more details,
https://kyodonewsprwire.jp/prwfile/release/M105685/201909251284/_prw_PA1fl_ne0X67v3.pdf
Source: Japan Media Arts Distributed Museum Office
http://mrem.bernama.com/viewsm.php?idm=35624
Global businesses ready for fast data access to Australia
KUALA LUMPUR, Sept 27 -- International businesses are preparing themselves for the fastest data transmission speeds to Australia's east coast, next year.
This follows an opening of the international submarine cable landing station on the Sunshine Coast, Queensland.
This follows an opening of the international submarine cable landing station on the Sunshine Coast, Queensland.
Sunshine Coast Mayor, Mark Jamieson, together with Queensland Premier, Annastacia Palaszczuk and Queensland Minister for State Development, Manufacturing, Infrastructure and Planning, Cameron Dick marked the completion of this US$7.2 million facility. (US$1 = RM4.19)
Jamieson said the cable would significantly boost the Sunshine Coast's reputation as a sought-after investment location for global businesses.
“When completed, this network will provide direct international data and telecommunications from the Sunshine Coast – the only location in Australia outside of Sydney and Perth to provide this direct international connectivity. It will help to position the region as Australia's first Digital Trade Hub,” he said.
The international broadband network will support the Internet of Things era and smart city developments, where reliable connectivity will be paramount to all aspects of daily life.
The international cable network is one of a number of region-shaping projects, including Australia's newest international airport - with the capability to accommodate direct flights from Asia - and a new city centre that is already attracting interest from a range of commercial companies and international hotel operators.
The cable provides another data path in and out of Australia for industry and will come into service by mid-2020.
“When completed, this network will provide direct international data and telecommunications from the Sunshine Coast – the only location in Australia outside of Sydney and Perth to provide this direct international connectivity. It will help to position the region as Australia's first Digital Trade Hub,” he said.
The international broadband network will support the Internet of Things era and smart city developments, where reliable connectivity will be paramount to all aspects of daily life.
The international cable network is one of a number of region-shaping projects, including Australia's newest international airport - with the capability to accommodate direct flights from Asia - and a new city centre that is already attracting interest from a range of commercial companies and international hotel operators.
The cable provides another data path in and out of Australia for industry and will come into service by mid-2020.
-- BERNAMA
China Gaochun Gucheng Lake Crab Festival begins
KUALA LUMPUR, Sept 27 -- The 19th China Gaochun Gucheng Lake Crab Festival has officially started, according to the Publicity Department of Nanjing Gaochun District Committee.
In recent years, Gaochun actively promoted the large-scale, ecological, scientific development of crab farming and technology-driven crab farming. It promoted agricultural efficiency and farmers' income.
Gaochun people started crab farming in the early 1990s. The crab industry has become a characteristic industry with high incomes and an important part of Gaochun economic development.
In recent years, Gaochun actively promoted the large-scale, ecological, scientific development of crab farming and technology-driven crab farming. It promoted agricultural efficiency and farmers' income.
Gaochun people started crab farming in the early 1990s. The crab industry has become a characteristic industry with high incomes and an important part of Gaochun economic development.
Located at the southern end of Nanjing, Jiangsu province, Gaochun is a national-level ecological zone and China’s first international slow city.
It has an ecological golden ratio of 30 per cent mountains, 20 per cent water and 50 per cent fields. The great natural ecology of Gaochun provides a prerequisite for local people to get rich.
-- BERNAMA
Toshiba Memory Corporation launches products supporting high-speed data transfers
KUALA LUMPUR, Sept 26 -- Toshiba Memory Corporation has launched its second-generation line-up of NAND flash memory products for embedded applications with increased performance and capacity to support high-speed data transfers.
The new Serial Interface NAND products are compatible with the widely used Serial Peripheral Interface (SPI) and are suited for a wide range of consumer, industrial and communication applications.
Sample shipments start today, with mass production scheduled to begin in October, according to a statement.
Due to its compatibility with the widely-used SPI, the Serial Interface NAND products can be utilised as SLC NAND flash memory products with a low pin count, small package and large capacity.
The new second-generation Serial Interface NAND products offer improved performance compared to existing first-generation products, including 133 megahertz (MHz) operating frequency and programme x4 mode.
More information at https://business.toshiba-memory.com.
-- BERNAMA
The new Serial Interface NAND products are compatible with the widely used Serial Peripheral Interface (SPI) and are suited for a wide range of consumer, industrial and communication applications.
Sample shipments start today, with mass production scheduled to begin in October, according to a statement.
Due to its compatibility with the widely-used SPI, the Serial Interface NAND products can be utilised as SLC NAND flash memory products with a low pin count, small package and large capacity.
The new second-generation Serial Interface NAND products offer improved performance compared to existing first-generation products, including 133 megahertz (MHz) operating frequency and programme x4 mode.
More information at https://business.toshiba-memory.com.
-- BERNAMA
Thursday, 26 September 2019
BRANDSTARS announces final winning selections for 2019 Korean luxury brands
KUALA LUMPUR, Sept 26 -- BRANDSTARS Selection Committee has announced the final winning selections for 2019 Korean luxury brands.
This year's newly selected brands include LG Pra.L (at-home beauty device category); Charmzone and MANYOFACTORY (cosmetics category) and MIDM Jen'y 3D Motion (skincare device category).
Meanwhile, the brands selected for two consecutive years include Amorepacific Sulwhasoo, LG Household and Health Care's The History of Whoo and Nature Republic in the cosmetics category.
Also listed are Korea Ginseng Corporation's CheongKwanJang (health food category); LG Electronic PuriCare (air purifier category), Huggies (disposable diaper category); Buldak Ramen (Ramen category); and Gentle Monster (sunglasses category), among others.
LG Pra.L was named for its proven safety and efficacy based on the LG Electronics' outstanding hardware manufacturing technology, while Charmzone was selected for its continuous investments in technology.
BRANDSTARS Selection Committee is a professional organisation composed of experts from the media and industries. It categorises the most loved brands in Korea, China and Southeast Asia by categories and announces the brands’ overall evaluation throughout the Asia region.
More information at http://brandstars.co.kr.
-- BERNAMA
This year's newly selected brands include LG Pra.L (at-home beauty device category); Charmzone and MANYOFACTORY (cosmetics category) and MIDM Jen'y 3D Motion (skincare device category).
Meanwhile, the brands selected for two consecutive years include Amorepacific Sulwhasoo, LG Household and Health Care's The History of Whoo and Nature Republic in the cosmetics category.
Also listed are Korea Ginseng Corporation's CheongKwanJang (health food category); LG Electronic PuriCare (air purifier category), Huggies (disposable diaper category); Buldak Ramen (Ramen category); and Gentle Monster (sunglasses category), among others.
LG Pra.L was named for its proven safety and efficacy based on the LG Electronics' outstanding hardware manufacturing technology, while Charmzone was selected for its continuous investments in technology.
BRANDSTARS Selection Committee is a professional organisation composed of experts from the media and industries. It categorises the most loved brands in Korea, China and Southeast Asia by categories and announces the brands’ overall evaluation throughout the Asia region.
More information at http://brandstars.co.kr.
-- BERNAMA
Amazon Prime Video enhances streaming experience for global NFL fans
KUALA LUMPUR, Sept 26 -- Amazon Prime Video has launched new features for Thursday Night Football (TNF), allowing global NFL fans to customise their streaming experience.
Through the new innovations, Prime members can experience the game they love like never before, with a new line-up of expert insight and analyses, access to robust live data and a simplified experience.
According to Prime Video Sports vice-president Marie Donoghue, there is something for every football fan, from deeper gameplay analytics at their fingertips, to differentiated commentary, to the ability to easily discover and watch on any device, anywhere in the world.
Via X-Ray, fans can dive into leading edge insights like a quarterback’s average time to throw, a running back’s average yards after contact and a wide receiver’s average yards of separation, enabled through Next Gen Stats’ real-time player tracking.
For audio, Prime members can choose from two additional Prime Video exclusive audio streams - Hannah Storm and Andrea Kremer and the United Kingdom English language broadcasters, Derek Rae and Tommy Smyth.
Additionally, Prime members in the United States and Mexico have access to FOX Deportes, the exclusive Spanish-language broadcast.
Visit https://www.primevideo.com to view the full TNF schedule and watch the official FOX broadcast available in over 200 countries worldwide.
-- BERNAMA
Through the new innovations, Prime members can experience the game they love like never before, with a new line-up of expert insight and analyses, access to robust live data and a simplified experience.
According to Prime Video Sports vice-president Marie Donoghue, there is something for every football fan, from deeper gameplay analytics at their fingertips, to differentiated commentary, to the ability to easily discover and watch on any device, anywhere in the world.
Via X-Ray, fans can dive into leading edge insights like a quarterback’s average time to throw, a running back’s average yards after contact and a wide receiver’s average yards of separation, enabled through Next Gen Stats’ real-time player tracking.
For audio, Prime members can choose from two additional Prime Video exclusive audio streams - Hannah Storm and Andrea Kremer and the United Kingdom English language broadcasters, Derek Rae and Tommy Smyth.
Additionally, Prime members in the United States and Mexico have access to FOX Deportes, the exclusive Spanish-language broadcast.
Visit https://www.primevideo.com to view the full TNF schedule and watch the official FOX broadcast available in over 200 countries worldwide.
-- BERNAMA
Teledyne Lumenera´s INFINITY ANALYZE 7 microscopy software released
KUALA LUMPUR, Sept 25 -- Teledyne Lumenera has released its new INFINITY ANALYZE 7 microscopy software, allowing the production of high-quality images with accuracy and reproducibility in brightfield or fluorescence modes.
Teledyne Lumenera is a Teledyne Technologies company, and manufacturer and developer of high-performance digital cameras and custom imaging solutions.
The next generation software supports the complete line of Teledyne Lumenera INFINITY microscopy cameras with an intuitive interface for camera control, and image capture and processing for life science, clinical and industrial research applications.
INFINITY ANALYZE 7 enhancements include a new fluorescence mode with streamlined image processing, improved application usability for better workflow and application settings to facilitate shared equipment environments.
The application installed is ready to image in minutes, and training time is reduced with easy-to-follow online video tutorials, according to a statement.
More information at https://www.lumenera.com.
-- BERNAMA
Teledyne Lumenera is a Teledyne Technologies company, and manufacturer and developer of high-performance digital cameras and custom imaging solutions.
The next generation software supports the complete line of Teledyne Lumenera INFINITY microscopy cameras with an intuitive interface for camera control, and image capture and processing for life science, clinical and industrial research applications.
INFINITY ANALYZE 7 enhancements include a new fluorescence mode with streamlined image processing, improved application usability for better workflow and application settings to facilitate shared equipment environments.
The application installed is ready to image in minutes, and training time is reduced with easy-to-follow online video tutorials, according to a statement.
More information at https://www.lumenera.com.
-- BERNAMA
Wednesday, 25 September 2019
Wencor, GMF AeroAsia to develop Total Material Solutions Program
KUALA LUMPUR, Sept 25 -- Wencor Group (Wencor) and PT Garuda Maintenance Facility AeroAsia Tbk (GMF) have signed a cooperation agreement to develop a Total Material Solutions Program.
Wencor is a leading solutions provider to the aerospace aftermarket and GMF is a world-class MRO and internationally certificated repair station.
According to Wencor chief executive officer (CEO) Chris Curtis, this new agreement aligns with its mission to provide engineering, programme management and material services necessary for MRO facilities to effectively serve customer base.
The agreement outlines the general framework for the development, adoption and maximisation of alternate parts usage, DER repairs and maintenance kits.
In the long term, the programme will result in greater cost savings and more efficient business practices that will enhance the bottom line and process flow for GMF, its subsidiary and affiliated company operations.
GMF CEO, Tazar Marta Kurniawan said: “We look forward to working closely with Wencor to jointly find ways to reduce aircraft maintenance costs and improve reliability.”
-- BERNAMA
Wencor is a leading solutions provider to the aerospace aftermarket and GMF is a world-class MRO and internationally certificated repair station.
According to Wencor chief executive officer (CEO) Chris Curtis, this new agreement aligns with its mission to provide engineering, programme management and material services necessary for MRO facilities to effectively serve customer base.
The agreement outlines the general framework for the development, adoption and maximisation of alternate parts usage, DER repairs and maintenance kits.
In the long term, the programme will result in greater cost savings and more efficient business practices that will enhance the bottom line and process flow for GMF, its subsidiary and affiliated company operations.
GMF CEO, Tazar Marta Kurniawan said: “We look forward to working closely with Wencor to jointly find ways to reduce aircraft maintenance costs and improve reliability.”
-- BERNAMA
EPIQ LAUNCHES GLOBAL INFORMATION GOVERNANCE SERVICES TO MANAGE SENSITIVE LEGAL AND CORPORATE DATA
NEW YORK, Sept 20 (Bernama-GLOBE NEWSWIRE) -- Epiq, a global leader in the legal services industry, today announced enhanced information governance services to help clients efficiently and compliantly manage their electronically stored information in all environments, including on premise servers, in the cloud, or in hybrid systems.
Moving to the cloud increases internal collaboration capabilities and can be a transformative shift for high performing businesses. Epiq now has improved capabilities to help companies, globally, drive efficiencies in their business, control their data management and eDiscovery costs, as well as reduce the risk of regulatory-related fines.
“Information governance is a not a single, one-time event; it is a journey,” said Tammy Klotz, director of information security at Versum Materials. “The art is balancing protection and productivity to match your organization’s risk appetite. You cannot do this alone. We have had a couple of false starts and it wasn’t until we worked with Epiq and Microsoft that the path became clear. Epiq listened, challenged, and ultimately helped us map and deploy the solution. Epiq helped us by minimizing wrong turns and avoiding significant construction delays.”
“Epiq has provided compelling information governance service offerings to clients for years and has helped clients navigate the complexities of managing data,” said Roger Pilc, president of legal solutions, Epiq. “Our capabilities have substantially increased since 2018 when we acquired Controle LLC, an innovative information governance-focused SaaS software and professional services firm. With the additional expansion of our global information governance practice, Epiq is uniquely able to provide clients with the industry’s most robust and efficient tools to control digital information and mitigate regulatory, compliance, and security risks.”
Epiq has a strong command of the industry’s best data privacy practices, particularly in the areas of data compliance, data migration, and data security. The new information governance services at Epiq include:
· Data compliance: Microsoft Office 365 data compliance enablement services at Epiq help clients configure solutions to address requirements of the General Data Protection Regulation, the California Consumer Privacy Act, and other data privacy laws and processes, including data subject access requests. Additionally, Epiq helps enterprises create legally defensible retention policies and strategies as well as assists with data discovery and classification.
· Data migration: Epiq supports migration of legacy workloads and disparate data stores to the cloud, including email, SharePoint files, on premise files, and social media data. The suite of services provided by Epiq includes legally defensible migration and deletion methods that help reduce overall costs for an enterprise.
· Data security: Microsoft Office 365 data security services at Epiq help clients enable the complete suite of services offered in the Office 365 Enterprise Mobility and Security (EMS) Suite. The service manages security breach identification, incident response, security score improvement, and data breach notifications. As part of this process, Epiq helps clients execute the proper data classifications needed for effective EMS Suite usage.
Bolstering these services, Epiq has increased its global privacy compliance expertise by hiring a breadth of talented individuals who support and manage the Microsoft Office 365 data security and compliance services at Epiq. The information governance team of experts has proven experience in privacy policy, compliance, information management, security, and information technology in addition to offering robust consulting services in North America, EMEA, and APAC regions.
Epiq is a Microsoft Gold Certified Partner and participates on the Microsoft Security and Compliance Partner Advisory Council, which is an invitation-only council of experts who advise on Microsoft 365 product development.
About Epiq
Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.
Press Contact
Jill Brown
Epiq
+1 713 933 2905
jbrown@epiqglobal.com
Source: Epiq Systems Inc
--BERNAMA
Moving to the cloud increases internal collaboration capabilities and can be a transformative shift for high performing businesses. Epiq now has improved capabilities to help companies, globally, drive efficiencies in their business, control their data management and eDiscovery costs, as well as reduce the risk of regulatory-related fines.
“Information governance is a not a single, one-time event; it is a journey,” said Tammy Klotz, director of information security at Versum Materials. “The art is balancing protection and productivity to match your organization’s risk appetite. You cannot do this alone. We have had a couple of false starts and it wasn’t until we worked with Epiq and Microsoft that the path became clear. Epiq listened, challenged, and ultimately helped us map and deploy the solution. Epiq helped us by minimizing wrong turns and avoiding significant construction delays.”
“Epiq has provided compelling information governance service offerings to clients for years and has helped clients navigate the complexities of managing data,” said Roger Pilc, president of legal solutions, Epiq. “Our capabilities have substantially increased since 2018 when we acquired Controle LLC, an innovative information governance-focused SaaS software and professional services firm. With the additional expansion of our global information governance practice, Epiq is uniquely able to provide clients with the industry’s most robust and efficient tools to control digital information and mitigate regulatory, compliance, and security risks.”
Epiq has a strong command of the industry’s best data privacy practices, particularly in the areas of data compliance, data migration, and data security. The new information governance services at Epiq include:
· Data compliance: Microsoft Office 365 data compliance enablement services at Epiq help clients configure solutions to address requirements of the General Data Protection Regulation, the California Consumer Privacy Act, and other data privacy laws and processes, including data subject access requests. Additionally, Epiq helps enterprises create legally defensible retention policies and strategies as well as assists with data discovery and classification.
· Data migration: Epiq supports migration of legacy workloads and disparate data stores to the cloud, including email, SharePoint files, on premise files, and social media data. The suite of services provided by Epiq includes legally defensible migration and deletion methods that help reduce overall costs for an enterprise.
· Data security: Microsoft Office 365 data security services at Epiq help clients enable the complete suite of services offered in the Office 365 Enterprise Mobility and Security (EMS) Suite. The service manages security breach identification, incident response, security score improvement, and data breach notifications. As part of this process, Epiq helps clients execute the proper data classifications needed for effective EMS Suite usage.
Bolstering these services, Epiq has increased its global privacy compliance expertise by hiring a breadth of talented individuals who support and manage the Microsoft Office 365 data security and compliance services at Epiq. The information governance team of experts has proven experience in privacy policy, compliance, information management, security, and information technology in addition to offering robust consulting services in North America, EMEA, and APAC regions.
Epiq is a Microsoft Gold Certified Partner and participates on the Microsoft Security and Compliance Partner Advisory Council, which is an invitation-only council of experts who advise on Microsoft 365 product development.
About Epiq
Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.
Press Contact
Jill Brown
Epiq
+1 713 933 2905
jbrown@epiqglobal.com
Source: Epiq Systems Inc
--BERNAMA
Regtech cost to grow 400 per cent by 2024 - Juniper Research
KUALA LUMPUR, Sept 24 -- The value of regtech spending is forecasted to exceed US$127 billion by 2024, up from US$25 billion this year, according to new data from Juniper Research. (US$1 = RM4.18)
This 400 per cent growth will be driven by a dramatic rise in the automation of resource-intensive tasks, such as those involved in Know Your Customer (KYC) checks and increasing use of artificial intelligence (AI) in transaction monitoring.
According to the research titled, ‘Regtech: Cost Savings, Technological Impact & Vendor Analysis 2019-2024’, AI is ideally suited to regulatory space, as it can dynamically reduce false positive and false negative rates.
It can lead to significant time, resource and ultimately cost savings for compliance monitoring processes.
The combined cost savings for KYC checks for banking and property sales will be almost US$1 billion by 2024; a growth of 690 per cent. The impetus for this will be efficiency savings, as well as the enhanced user experience that can be implemented in customer onboarding.
This will reduce user frustration by improving response times and increasing overall user satisfaction.
The report recommends that organisations invest in the cost-saving potential of AI and cautions that although AI has vast potential, its use must be in line with overall business objectives or deployments will invariably fail to meet expectations.
More details on the research at https://www.juniperresearch.com
-- BERNAMA
This 400 per cent growth will be driven by a dramatic rise in the automation of resource-intensive tasks, such as those involved in Know Your Customer (KYC) checks and increasing use of artificial intelligence (AI) in transaction monitoring.
According to the research titled, ‘Regtech: Cost Savings, Technological Impact & Vendor Analysis 2019-2024’, AI is ideally suited to regulatory space, as it can dynamically reduce false positive and false negative rates.
It can lead to significant time, resource and ultimately cost savings for compliance monitoring processes.
The combined cost savings for KYC checks for banking and property sales will be almost US$1 billion by 2024; a growth of 690 per cent. The impetus for this will be efficiency savings, as well as the enhanced user experience that can be implemented in customer onboarding.
This will reduce user frustration by improving response times and increasing overall user satisfaction.
The report recommends that organisations invest in the cost-saving potential of AI and cautions that although AI has vast potential, its use must be in line with overall business objectives or deployments will invariably fail to meet expectations.
More details on the research at https://www.juniperresearch.com
-- BERNAMA
Tuesday, 24 September 2019
Mary Kay, UN agencies empower Women´s Entrepreneurship Accelerator programme
KUALA LUMPUR, Sept 24 -- Mary Kay Inc has partnered United Nations (UN) agencies to launch the Women’s Entrepreneurship Accelerator, a multi-partner initiative designed to inspire, educate and empower women entrepreneurs worldwide.
The ground-breaking initiative is a strategic collaboration with UN Women, United Nations Office for Partnerships, International Labour Organization, International Trade Centre, UN Global Compact and the United Nations Development Programme.
The Accelerator will offer a guided digital curriculum supplemented by on-the-ground training and mentorship, serving as an advocacy platform to eliminate entrepreneurial roadblocks for women, ranging from digital literacy to legal reform.
It will support global efforts to encourage businesses to establish and expand relationships with women-owned businesses, including corporate procurement.
Future expansion of the programme will include funding opportunities accessible to women who complete the curriculum, according to a statement.
The Women’s Entrepreneurship Accelerator will be initially available in six languages, with more to come as it will expand to 192 countries. An advisory committee will be convened to oversee the expansion and promotion of the programme.
The programme is the latest in a series of recent steps taken by Mary Kay to empower women and improve their lives worldwide.
More information at https://www.we-accelerate.com and https://www.marykay.com.
-- BERNAMA
The ground-breaking initiative is a strategic collaboration with UN Women, United Nations Office for Partnerships, International Labour Organization, International Trade Centre, UN Global Compact and the United Nations Development Programme.
The Accelerator will offer a guided digital curriculum supplemented by on-the-ground training and mentorship, serving as an advocacy platform to eliminate entrepreneurial roadblocks for women, ranging from digital literacy to legal reform.
It will support global efforts to encourage businesses to establish and expand relationships with women-owned businesses, including corporate procurement.
Future expansion of the programme will include funding opportunities accessible to women who complete the curriculum, according to a statement.
The Women’s Entrepreneurship Accelerator will be initially available in six languages, with more to come as it will expand to 192 countries. An advisory committee will be convened to oversee the expansion and promotion of the programme.
The programme is the latest in a series of recent steps taken by Mary Kay to empower women and improve their lives worldwide.
More information at https://www.we-accelerate.com and https://www.marykay.com.
-- BERNAMA
SmartStream launches instant reconciliation solution using AI, machine learning
KUALA LUMPUR, Sept 24 -- SmartStream Technologies today launched a new revolutionary approach for reconciliations, allowing business users to reconcile complex sets of data, within seconds.
The solution, SmartStream Air, is immediately accessible and uses transformative artificial intelligence (AI) algorithms to auto-configure reconciliations of any data structure.
The solution provides true AI - it has been proven in a number of tier-one banks, it has been tested with a number of customers, who are now implementing the solution.
It eliminates a great deal of time and effort, as well as makes business users far less reliant on support from teams of operations and IT staff.
According to SmartStream chief executive officer, Haytham Kaddoura, SmartStream Air is like having a highly skilled virtual operations team on hand that can tap into on demand. It is the only truly instant reconciliation solution currently available, producing accurate results within seconds.
“The solution is underpinned by sophisticated machine learning technology and is continuously improving, meaning that results only get better as time goes by. Reconciliations have met their match, you could say”.
More information on the newly-launched solution at www.smartstream-stp.com
-- BERNAMA
Monday, 23 September 2019
Infinera introduces XR optics for transport network transformation
KUALA LUMPUR, Sept 23 -- Infinera, an innovative networking solutions supplier has introduced XR optics, the industry’s first point-to-multipoint coherent optical subcarrier aggregation technology optimised for hub-and-spoke traffic patterns.
“XR optics addresses a fundamental deficiency in optical communications technology and is expected to have a significant impact on any network that implements an aggregation function,” said founder and chief innovation officer, Dr Dave Welch.
XR optics is engineered to break the inherent limitations of traditional point-to-point optical transmission solutions and paves the way for disruptive network economics and a paradigm shift in transport architectures.
Powered by independently routable Nyquist subcarriers and coherent optical aggregation capabilities, XR optics enable network operators to design more efficient, flexible and cost-effective transport networks optimised for the applications driving network growth.
With coherent subcarrier aggregation capabilities, XR optics technology enables a single high-speed transceiver to simultaneously send and receive independent data streams to, or from numerous low-speed transceivers.
XR optics is designed to be integrated into a variety of form factors, including industry-standard pluggables, from low-speed interfaces with a single subcarrier to high-speed (400G+) interfaces with numerous subcarriers.
More information at https://www.infinera.com
-- BERNAMA
“XR optics addresses a fundamental deficiency in optical communications technology and is expected to have a significant impact on any network that implements an aggregation function,” said founder and chief innovation officer, Dr Dave Welch.
XR optics is engineered to break the inherent limitations of traditional point-to-point optical transmission solutions and paves the way for disruptive network economics and a paradigm shift in transport architectures.
Powered by independently routable Nyquist subcarriers and coherent optical aggregation capabilities, XR optics enable network operators to design more efficient, flexible and cost-effective transport networks optimised for the applications driving network growth.
With coherent subcarrier aggregation capabilities, XR optics technology enables a single high-speed transceiver to simultaneously send and receive independent data streams to, or from numerous low-speed transceivers.
XR optics is designed to be integrated into a variety of form factors, including industry-standard pluggables, from low-speed interfaces with a single subcarrier to high-speed (400G+) interfaces with numerous subcarriers.
More information at https://www.infinera.com
-- BERNAMA
AM Best affirms credit ratings of Samsung Fire & Marine Insurance, subsidiaries
KUALA LUMPUR, Sept 23 -- AM Best, a global credit rating agency has affirmed credit ratings of Samsung Fire & Marine Insurance Co Ltd (SFM) South Korea and its subsidiaries.
SFM has the Financial Strength Rating (FSR) of A++ (superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘aa+’.
Meanwhile, its subsidiaries, Samsung Vina Insurance Co Ltd in Vietnam and PT Asuransi Samsung Tugu in Indonesia have the FSR of A- (excellent) and the Long-Term ICRs of ‘a-’.
The agency said in a statement that the outlook of these credit ratings was stable.
AM Best has also revised the outlook to negative from stable and affirmed the FSR of A (excellent) and the Long-Term ICR of ‘a’ of SFM’s wholly owned subsidiary, Samsung Reinsurance Pte Ltd in Singapore.
The ratings reflect SFM’s balance sheet strength, which AM Best described as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
SFM’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, is at the strongest level, supported by the company’s large absolute capital base, which reached US$11 billion at 2018-end. (US$1=RM4.17)
SFM is an undisputed market leader in South Korea’s non-life insurance industry, with strong brand recognition and approximately a 24 per cent share of the market in terms of gross premium written.
More details on the credit ratings at www.ambest.com
-- BERNAMA
SFM has the Financial Strength Rating (FSR) of A++ (superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘aa+’.
Meanwhile, its subsidiaries, Samsung Vina Insurance Co Ltd in Vietnam and PT Asuransi Samsung Tugu in Indonesia have the FSR of A- (excellent) and the Long-Term ICRs of ‘a-’.
The agency said in a statement that the outlook of these credit ratings was stable.
AM Best has also revised the outlook to negative from stable and affirmed the FSR of A (excellent) and the Long-Term ICR of ‘a’ of SFM’s wholly owned subsidiary, Samsung Reinsurance Pte Ltd in Singapore.
The ratings reflect SFM’s balance sheet strength, which AM Best described as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
SFM’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, is at the strongest level, supported by the company’s large absolute capital base, which reached US$11 billion at 2018-end. (US$1=RM4.17)
SFM is an undisputed market leader in South Korea’s non-life insurance industry, with strong brand recognition and approximately a 24 per cent share of the market in terms of gross premium written.
More details on the credit ratings at www.ambest.com
-- BERNAMA
Tianjin Binhai New Area in China builds new gateway to sea
KUALA LUMPUR, Sept 23 -- The Tianjin Port Group’s Xiongan Service Center was recently inaugurated with the opening of the Port’s green channel for the Xiongan New Area.
Tianjin Port has made full use of its global advantages to serve the Xiongan New Area's planning and construction by focusing on building a service platform and the Xiongan New Area's gateway to the sea.
Currently, a front-end service platform is in place, including the Xiongan Service Center of the Tianjin Port Group and three logistics service nodes in Baoding, Shengfang and Baigou, according to a statement from Media Convergence Center with Tianjin Binhai New Area.
In addition, special passages and windows have been set up at the port container terminals and the Tianjin International Trade and Shipping Service Center to provide green passage for the Xiongan New Area's import and export goods.
The Tianjin Port Group's affiliates have also signed an agreement to co-develop the green channel with three Hebei firms.
All parties will build on the construction of the smart Tianjin Port to deepen the cooperation of anhydrous ports, form a modern logistics channel and offer strong support for the Xiongan New Area's infrastructure construction, people's livelihood needs and key projects.
-- BERNAMA
Tianjin Port has made full use of its global advantages to serve the Xiongan New Area's planning and construction by focusing on building a service platform and the Xiongan New Area's gateway to the sea.
Currently, a front-end service platform is in place, including the Xiongan Service Center of the Tianjin Port Group and three logistics service nodes in Baoding, Shengfang and Baigou, according to a statement from Media Convergence Center with Tianjin Binhai New Area.
In addition, special passages and windows have been set up at the port container terminals and the Tianjin International Trade and Shipping Service Center to provide green passage for the Xiongan New Area's import and export goods.
The Tianjin Port Group's affiliates have also signed an agreement to co-develop the green channel with three Hebei firms.
All parties will build on the construction of the smart Tianjin Port to deepen the cooperation of anhydrous ports, form a modern logistics channel and offer strong support for the Xiongan New Area's infrastructure construction, people's livelihood needs and key projects.
-- BERNAMA
Friday, 20 September 2019
S BLOCK Dubai 2.0 Summit focus on blockchain launched today
KUALA LUMPUR, Sept 20 -- S BLOCK Dubai 2.0 Summit was launched today, at the Dubai Festival Arena, with core discussion focusing on blockchain technology.
Expected to attract 3,500 participants, the summit signifies the complete upgrade of S BLOCK global consensus and ecosystem.
The Interstellar wallet, based on the core concepts of blockchain, cryptocurrency trading, investment and saving technology, has begun to be widely acknowledged by the public.
Three months after its introduction to the market, the Interstellar wallet is now ready for the second major upgrade, marching towards era 2.0.
S BLOCK is ready to welcome the decentralised self-governance community, making multiple core functions available online, including six major tracks - HD cross-chain wallet, stock trading, Plan Flash, S Pay system, MasterNodes and wormhole chat.
-- BERNAMA
Expected to attract 3,500 participants, the summit signifies the complete upgrade of S BLOCK global consensus and ecosystem.
The Interstellar wallet, based on the core concepts of blockchain, cryptocurrency trading, investment and saving technology, has begun to be widely acknowledged by the public.
Three months after its introduction to the market, the Interstellar wallet is now ready for the second major upgrade, marching towards era 2.0.
S BLOCK is ready to welcome the decentralised self-governance community, making multiple core functions available online, including six major tracks - HD cross-chain wallet, stock trading, Plan Flash, S Pay system, MasterNodes and wormhole chat.
-- BERNAMA
China, ASEAN strengthen bond to boost trade, financing
KUALA LUMPUR, Sept 20 -- The financial ties between China and ASEAN member countries have been strengthened to boost trade and financing cooperation.
This follows the 16th China-ASEAN Expo held in Nanning, Guangxi, China for four days, beginning today.
Bank of China, Agricultural Bank of China, China Construction Bank, ICBC, HSBC (China) and Singapore's DBS Bank have confirmed their participation in a financial service exhibition to display cross-border financing and settlement, fintech as well as ITFIN.
Ten banks from ASEAN countries have established 36 branches in China with banks from Singapore and Thailand having the most branches.
Three Thai banks have set up nine branches, of which the Bangkok Bank has established four branches in Beijing and Shanghai, engaging in wholesale and retail banking. Meanwhile, branches of Chinese financial institutions are also increasing in ASEAN.
In addition, China and ASEAN are also promoting the establishment of a bank's bilateral settlement network to facilitate cross-border RMB trade settlement.
China has introduced direct transactions in the inter-bank foreign exchange market, including RMB against Singapore Dollar, Malaysian Ringgit and Thai Baht, innovating the listing of RMB against Cambodian Riel.
China has also reached agreements with Singapore, Malaysia, Thailand and other countries on the establishment of RMB Qualified Foreign Institutional Investors.
-- BERNAMA
83 per cent global consumers believe brands can bring stability - study
KUALA LUMPUR, Sept 19 -- Eighty-three per cent of global survey respondents believe brands can play an even greater role in providing stability, while 74 per cent expect brands to take a stand on important issues.
According to WE Communications’ Brands in Motion 2019 global study, the data uncovered a growing expectation and clear opportunity for brands to bring greater stability.
The study has surveyed nearly 80,000 consumers and B2B decision-makers to understand the impact of market forces and quantify how perception shifts are impacted by them over time.
Three main themes exposed in this year’s study are consumer uprising, technology expectations and accountability, as well as the new brand royalty, according to a statement.
With greater choice and knowledge at their fingertips, consumers are more empowered than ever to make demands of brands. The study also delved deeper into consumer expectations when it comes to technology.
The ethics of technology remains front and centre with 97 per cent agreeing that companies are responsible for using technology ethically, while 92 per cent said they would stop using a product or service if it was using consumer data unethically.
In addition, brands must rethink the underlying drivers of loyalty and affinity for their brand to address consumer demands by leading with purpose, building new levels of trust and respect with customers and creating meaningful impact in the way they operate.
-- BERNAMA
According to WE Communications’ Brands in Motion 2019 global study, the data uncovered a growing expectation and clear opportunity for brands to bring greater stability.
The study has surveyed nearly 80,000 consumers and B2B decision-makers to understand the impact of market forces and quantify how perception shifts are impacted by them over time.
Three main themes exposed in this year’s study are consumer uprising, technology expectations and accountability, as well as the new brand royalty, according to a statement.
With greater choice and knowledge at their fingertips, consumers are more empowered than ever to make demands of brands. The study also delved deeper into consumer expectations when it comes to technology.
The ethics of technology remains front and centre with 97 per cent agreeing that companies are responsible for using technology ethically, while 92 per cent said they would stop using a product or service if it was using consumer data unethically.
In addition, brands must rethink the underlying drivers of loyalty and affinity for their brand to address consumer demands by leading with purpose, building new levels of trust and respect with customers and creating meaningful impact in the way they operate.
-- BERNAMA
Thursday, 19 September 2019
BearingPoint earns FinTech & RegTech Global Award 2019 in Singapore
KUALA LUMPUR, Sept 19 (Bernama) -- BearingPoint RegTech has bagged the FinTech & RegTech Global Award 2019 in the ‘Distributed Ledger Technology Provider of the Year’ category.
BearingPoint has convinced the award jury with proof of concept (PoC) of a blockchain-based and thus innovative and cost-effective approach to face the growing complexity of regulatory reporting.
With its PoC, BearingPoint has shown that the use of distributed ledger technology (DLT) - also known as blockchain - can reduce the regulatory effort.
The award was received by RegTech DLT manager and head, Moritz Plenk during the Central Banking FinTech & RegTech Global Summit in Singapore recently.
Plenk said: “When two banks submit a transaction report through a DLT-based network, these two transaction partners always have identical and reportable data on their so-called ledgers.
“The third actor in the DLT network, the regulator, can view and extract the data from the two ledgers in real time. Inconsistent transaction data can be avoided, and the efficiency of transaction-based reporting can be increased.”
With the award, Central Banking recognises relevant players among central banks, supervisory authorities and technology as well as consulting companies, for their outstanding achievements and successes.
BearingPoint RegTech is a business unit of management and technology consultancy, BearingPoint. More details at https://www.reg.tech/en/
-- BERNAMA
Abracadabra! Zynga globally launches spellbinding puzzle adventure game, Merge Magic!
KUALA LUMPUR, Sept 19 -- Zynga Inc, an interactive entertainment leader has globally launched a brand new adventure puzzle game, Merge Magic!
Merge Magic! is developed by Gram Games, the studio behind global hits like Merge Dragons!, 1010! and Six!.
Zynga president (Publishing), Bernard Kim said: “Merge Magic! transports players to fantastical new worlds where they will discover mythical creatures like the powerful unicorn and feisty fairy.
“Players will find hours of enjoyment in discovering magical objects, creating creatures and lifting curses on mysterious new realms.”
Players can lift the curse by merging various creatures and matching new items to win rewards that enable them to unlock enchanting new surprises along the way.
The only hope to lift the curse from the bewitched land rests in the player’s extraordinary power to merge anything - eggs, trees, treasures, stars, magical flowers and even mythical creatures.
Merge Magic! is now available for iOS and Android as a free download.
-- BERNAMA
Merge Magic! is developed by Gram Games, the studio behind global hits like Merge Dragons!, 1010! and Six!.
Zynga president (Publishing), Bernard Kim said: “Merge Magic! transports players to fantastical new worlds where they will discover mythical creatures like the powerful unicorn and feisty fairy.
“Players will find hours of enjoyment in discovering magical objects, creating creatures and lifting curses on mysterious new realms.”
Players can lift the curse by merging various creatures and matching new items to win rewards that enable them to unlock enchanting new surprises along the way.
The only hope to lift the curse from the bewitched land rests in the player’s extraordinary power to merge anything - eggs, trees, treasures, stars, magical flowers and even mythical creatures.
Merge Magic! is now available for iOS and Android as a free download.
-- BERNAMA
Global SDG Awards launches 2nd Annual Competition today
KUALA LUMPUR, Sept 19 -- The Global SDG Awards’ 2nd Annual Competition was launched today, in advance of the United Nations Climate Action Summit in New York.
The awards celebrate private sector leadership and honour outstanding business contributions to the UN 2030 Agenda, known as Sustainable Development Goals (SDGs) or Global Goals.
The Global SDG Awards provides a unique opportunity for organisations to compete head-to-head with other leading corporate citizens in 17 award categories.
Applications for each category will be featured on the Global SDG Awards website, shared via social media (over 40,000 active followers) and promoted by a network of media partners.
Global companies are invited to prepare and submit applications online in one of 12 languages, namely Arabic, Dutch, English, French, German, Hindi, Italian, Korean, Mandarin, Portuguese, Russian and Spanish.
The awards’ peer-reviewed methodology incorporates both qualitative and quantitative aspects, including SDG performance indicators, financial metrics, programme expansion plans and examples of stakeholder impact.
The competition will be evaluated by an expert panel of more than 80 judges, representing sustainability leadership viewpoints from 18 countries across six continents.
Submissions for the 2019 Global SDG Awards will be accepted until Dec 6 at 12pm (EST). More details at https://globalsdgawards.com/apply-today/.
-- BERNAMA
The awards celebrate private sector leadership and honour outstanding business contributions to the UN 2030 Agenda, known as Sustainable Development Goals (SDGs) or Global Goals.
The Global SDG Awards provides a unique opportunity for organisations to compete head-to-head with other leading corporate citizens in 17 award categories.
Applications for each category will be featured on the Global SDG Awards website, shared via social media (over 40,000 active followers) and promoted by a network of media partners.
Global companies are invited to prepare and submit applications online in one of 12 languages, namely Arabic, Dutch, English, French, German, Hindi, Italian, Korean, Mandarin, Portuguese, Russian and Spanish.
The awards’ peer-reviewed methodology incorporates both qualitative and quantitative aspects, including SDG performance indicators, financial metrics, programme expansion plans and examples of stakeholder impact.
The competition will be evaluated by an expert panel of more than 80 judges, representing sustainability leadership viewpoints from 18 countries across six continents.
Submissions for the 2019 Global SDG Awards will be accepted until Dec 6 at 12pm (EST). More details at https://globalsdgawards.com/apply-today/.
-- BERNAMA
Control Risks expands RelativityOne platform offering in Hong Kong
KUALA LUMPUR, Sept 18 -- Control Risks, the global specialist risk consultancy has expanded partnership with Relativity, by making its RelativityOne offering available in Hong Kong, covering the Asia Pacific region.
The flexible SaaS platform is already available to Control Risks’ clients in North America and the United Kingdom, according to a statement.
RelativityOne allows Control Risks to build solutions designed to help global corporations and law firms minimise risk in cross-border investigations, complex disputes and risk-mitigation compliance activities.
The platform’s added scalability and flexibility allows Control Risks to handle any case, no matter the size and offers a more consistent experience to customers globally.
Control Risks uses Relativity in support of reactive, complex engagements for clients exposed to regulatory investigations, internal investigations and disputes as well as litigation and enforcement actions.
“With our adoption of RelativityOne, we are able to provide our clients with cutting edge technology and access to new tools and capabilities,” said Control Risks’ technology group (Asia Pacific), principal and regional practice leader, Steven Wilkinson.
More information at https://www.controlrisks.com.
-- BERNAMA
The flexible SaaS platform is already available to Control Risks’ clients in North America and the United Kingdom, according to a statement.
RelativityOne allows Control Risks to build solutions designed to help global corporations and law firms minimise risk in cross-border investigations, complex disputes and risk-mitigation compliance activities.
The platform’s added scalability and flexibility allows Control Risks to handle any case, no matter the size and offers a more consistent experience to customers globally.
Control Risks uses Relativity in support of reactive, complex engagements for clients exposed to regulatory investigations, internal investigations and disputes as well as litigation and enforcement actions.
“With our adoption of RelativityOne, we are able to provide our clients with cutting edge technology and access to new tools and capabilities,” said Control Risks’ technology group (Asia Pacific), principal and regional practice leader, Steven Wilkinson.
More information at https://www.controlrisks.com.
-- BERNAMA
Digital Reasoning secures SC Ventures´ investment, expands in new geographies
KUALA LUMPUR, Sept 18 -- Digital Reasoning has received strategic investment from the Standard Chartered Bank’s innovation, ventures and fintech investments unit, SC Ventures, making its Series D-1 funding round total to US$40 million. (US$1=RM4.18).
Digital Reasoning will partner with the bank to expand its financial services product offerings in Communications Surveillance across Asia Pacific, the Middle East and other international markets.
The investment will also enable Digital Reasoning to continue its market leadership position in e-communications and Voice Surveillance for Compliance, as well as expand into other adjacent use cases within financial institutions globally.
Additionally, it will support Digital Reasoning’s efforts to broaden its pre-trained model catalogue to support growth in financial markets across Asia, the Middle East and Africa.
Digital Reasoning’s Series D-1 funding round had a first close last year, led by BNP Paribas with participation from Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA and the Partnership Fund for New York City.
Macquarie subsequently invested in this funding round, with SC Ventures now being the latest investor to contribute.
-- BERNAMA
Digital Reasoning will partner with the bank to expand its financial services product offerings in Communications Surveillance across Asia Pacific, the Middle East and other international markets.
The investment will also enable Digital Reasoning to continue its market leadership position in e-communications and Voice Surveillance for Compliance, as well as expand into other adjacent use cases within financial institutions globally.
Additionally, it will support Digital Reasoning’s efforts to broaden its pre-trained model catalogue to support growth in financial markets across Asia, the Middle East and Africa.
Digital Reasoning’s Series D-1 funding round had a first close last year, led by BNP Paribas with participation from Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA and the Partnership Fund for New York City.
Macquarie subsequently invested in this funding round, with SC Ventures now being the latest investor to contribute.
-- BERNAMA
Wednesday, 18 September 2019
BAYER SELECTS SAVONIX DIGITAL COGNITIVE ASSESSMENT PLATFORM TO VALIDATE THE EFFECTS OF MULTIVITAMIN SUPPLEMENT BEROCCA IN MALAYSIA
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| From left to right: Dr. Bernard Ng, Head of Medical & Clinical Affairs, Bayer Consumer Health, Ernst Coppens, Managing Director and Chief Financial Officer, Bayer ASEAN, Dr. Mylea Charvat, CEO & Founder, Savonix. (Photo: Business Wire) |
SAN FRANCISCO, Sept 18 (Bernama-BUSINESS WIRE) -- Savonix, a global leader in digital tests for cognitive health, and Bayer’s Consumer Health Division today announced a partnership agreement to work together to validate the effects of Bayer’s multivitamin supplement Berocca in the Malaysian market. In this study, a Savonix digital cognitive assessment, which takes around 10 minutes to complete, will be administered to 200 university students between the ages of 18-25 in Malaysia, including both Berocca and non-Berocca users. Berocca is a multivitamin effervescent tablet that helps sustain energy for mental and physical performance. The supplement contains all eight B vitamins, which includes vitamin B1, B2 and B6 to help naturally release energy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190917005494/en/
The Savonix Digital Cognitive Platform provides real-time cognitive monitoring and feedback to improve patient outcomes. The mobile platform delivers a set of digitized neurocognitive tests via Android and iOS mobile operating systems supported by a web-based clinical data dashboard with integrated clinical decision support and treatment planning guidance. Unlike any other digital tests on the market, Savonix is built by neuropsychologists and uses 3D technology to more accurately mimic pen and paper test conditions with multiple psychomotor conditions including tapping, choice-based selection, drag and drop, scroll and draw.
Savonix’s digital cognitive assessment platform is an accessible, consumer-friendly and comprehensive way to gauge cognitive function. Bayer brings Berocca to market with strong clinical trial data including brain-imaging studies. Savonix’s digital cognitive assessment platform is a valid and reliable method to assess Berocca’s effectiveness on brain performance in real world settings and to help consumers understand their cognitive health.
“We are looking to generate evidence via new digital technology. We chose Savonix as a partner because their company’s cognitive assessment platform is not just a simple memory test, but a multi-domain cognitive assessment, said Dr. Sharon James, Head of Research & Development at Bayer’s Consumer Health Division. Savonix Mobile is an accurate, accessible and affordable tool for professional cognitive screens that consumers using our multivitamin supplement Berocca will be able to use to assess their cognitive health. We are excited to partner with Savonix on this new research study involving Berocca.”
“We are very pleased to partner with Bayer, who has chosen to utilize our digital cognitive assessment solution, which was designed by clinical neuropsychologists and digital health technology experts, to provide brain health data for multivitamin product Berocca in Malaysia,” said Dr. Mylea Charvat, CEO and founder of Savonix. “We now know that there are several lifestyle and behavior changes individuals can adopt to optimize their cognitive health, such as taking the right nutritional and multivitamin supplements. The emergence of digitized cognitive testing technology has the potential to benefit a wide range of patients who have previously had limited access to their own brain health data, and want to improve their own health.”
About Savonix
Savonix delivers a fully mobile assessment of cognitive function available on Android and iOS for phone and tablet, the Savonix Cognitive Assessment platform is an accurate, accessible and affordable tool for professional cognitive screens. It empowers healthcare providers, payers and researchers to evaluate and leverage results to improve health and treatment outcomes. Led by clinical neuropsychologists and digital health technology experts, the company has established itself as an authority on cognition globally. To learn more about Savonix, visit Savonix.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190917005494/en/
Contact
Savonix (Asia-Pacific)
Chien Nakayama
cnakayama@savonix.com
+65-9752-8913
Savonix (US Media)
Kimberly Ha
KKH Advisors
kimberly.ha@kkhadvisors.com
+1-917-291-5744
Source : Savonix
--BERNAMA
New Zealand Middle-earth again for The Lord of the Rings series - Amazon Studios
KUALA LUMPUR, Sept 18 -- Amazon Studios will shoot a series based on J.R.R. Tolkien’s iconic fantasy novels, The Lord of the Rings in New Zealand.
In a statement, the company said pre-production had started while production would begin in Auckland in the coming months.
Set in Middle-earth, the television adaptation will explore new storylines preceding J.R.R. Tolkien’s The Fellowship of the Ring.
Showrunners and executive producers, J. D. Payne and Patrick McKay said they were grateful to the people and the New Zealand Government, especially Auckland, for the support during the pre-production phase.
“The abundant measure of Kiwi hospitality with which they have welcomed us has already made us feel right at home, and we are looking forward to deepening our partnership in the years to come.”
J. A. Bayona (The Orphanage, Jurassic Park: Fallen Kingdom) will direct the first two episodes and also serve as executive producer, alongside his partner, Belén Atienza.
Executive Producers are Lindsey Weber (10 Cloverfield Lane), Bruce Richmond (Game of Thrones), Gene Kelly (Boardwalk Empire), Sharon Tal Yguado, Gennifer Hutchison (Breaking Bad), Jason Cahill (The Sopranos) and Justin Doble (Stranger Things).
The Lord of the Rings novels were named Amazon customers’ favourite book of the millennium in 1999 and Britain’s best-loved novel of all time in BBC’s The Big Read in 2003.
-- BERNAMA
Lucidworks Predictive Merchandiser new feature makes search relevancy easier for retailers
KUALA LUMPUR, Sept 12 -- Lucidworks, a leader in AI-powered search, has released the new Predictive Merchandiser feature for Fusion 5.0, making search relevancy easier for retailers.
“With Predictive Merchandiser, we’re freeing customers from the repetitive grunt work of having IT maintain business rules to let merchandisers focus their creativity on improving conversions, increasing revenue and delighting shoppers,” said Lucidworks chief executive officer, Will Hayes.
The new feature lets e-commerce product merchandisers optimise search relevancy, manage rules and analyse results without involving IT, according to a statement.
The Predictive Merchandiser solution provides an intuitive, easy to use interface to help merchandisers decrease bounce rates by ensuring the right products are displayed to shoppers.
In addition, the visual analytics dashboard provides insight into opportunities for better conversion and allows merchandisers to apply rules that pin, boost, bury, block and hide specific products.
With Fusion 5.0, retailers do not need to be experts in AI or machine learning to get insights from their data. The Predictive Merchandiser solution provides even more flexibility and intelligence to help digital commerce organisations deliver a highly personalised experience for customers.
More information at https://lucidworks.com.
-- BERNAMA
“With Predictive Merchandiser, we’re freeing customers from the repetitive grunt work of having IT maintain business rules to let merchandisers focus their creativity on improving conversions, increasing revenue and delighting shoppers,” said Lucidworks chief executive officer, Will Hayes.
The new feature lets e-commerce product merchandisers optimise search relevancy, manage rules and analyse results without involving IT, according to a statement.
The Predictive Merchandiser solution provides an intuitive, easy to use interface to help merchandisers decrease bounce rates by ensuring the right products are displayed to shoppers.
In addition, the visual analytics dashboard provides insight into opportunities for better conversion and allows merchandisers to apply rules that pin, boost, bury, block and hide specific products.
With Fusion 5.0, retailers do not need to be experts in AI or machine learning to get insights from their data. The Predictive Merchandiser solution provides even more flexibility and intelligence to help digital commerce organisations deliver a highly personalised experience for customers.
More information at https://lucidworks.com.
-- BERNAMA
Sweet Deal: PureCircle granted key stevia Reb M patent in China
KUALA LUMPUR, Sept 18 -- PureCircle, the world’s leading producer and innovator of great-tasting stevia sweeteners has been granted a Chinese patent directed to its proprietary process for scaling up production of its flagship, Reb M stevia leaf sweetener.
“This new patent is a valuable addition to our intellectual property portfolio. Our IP, including the hundreds of patents we hold and have applied for globally, reflect the strength and depth of our work with the stevia plant and our commitment to getting the most out of the stevia leaf,” said chief executive officer, Magomet Malsagov.
PureCircle’s proprietary process has enabled it to produce its next generation sweeteners in the significant and reliable quantities beverage and food companies require, and to supply these ingredients cost effectively for customers.
These sweeteners work well in a broad range of no- and low-sugar added beverages and foods, according to a statement.
The Chinese patent is aligned with PureCircle’s other global IP on Reb M production, and serves to further strengthen its position as the world’s leading supplier of innovative stevia ingredients.
PureCircle has 194 patents granted, and approximately 350 patents pending, globally.
More information at https://purecircle.com.
-- BERNAMA
Tuesday, 17 September 2019
Saturday, 14 September 2019
Cloudflare announces pricing of initial public offering at US$15 per share
KUALA LUMPUR, Sept 13 -- Cloudflare has announced the initial public offering pricing of its Class A common stock at a price of US$15 per share. (US$1 = RM4.16)
Cloudflare is offering 35,000,000 shares of its Class A common stock, plus up to an additional 5,250,000 shares that the underwriters have the option to purchase at the initial public offering price less underwriting discounts.
The shares are expected to begin trading on the New York Stock Exchange today, under the ticker symbol ‘NET’ and the offering is expected to close on Sept 17, subject to customary closing conditions.
Goldman Sachs & Co LLC, Morgan Stanley & Co LLC, and J.P. Morgan Securities LLC are acting as joint lead book-running managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective by the Securities and Exchange Commission.
More information at https://www.cloudflare.com.
-- BERNAMA
Cloudflare is offering 35,000,000 shares of its Class A common stock, plus up to an additional 5,250,000 shares that the underwriters have the option to purchase at the initial public offering price less underwriting discounts.
The shares are expected to begin trading on the New York Stock Exchange today, under the ticker symbol ‘NET’ and the offering is expected to close on Sept 17, subject to customary closing conditions.
Goldman Sachs & Co LLC, Morgan Stanley & Co LLC, and J.P. Morgan Securities LLC are acting as joint lead book-running managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective by the Securities and Exchange Commission.
More information at https://www.cloudflare.com.
-- BERNAMA
Now available: Global version of Captain Tsubasa ZERO -Miracle Shot-
KUALA LUMPUR, Sept 13 -- GMO Internet Inc (GMO Internet) has begun distributing ‘Captain Tsubasa ZERO -Miracle Shot-’ (Captain Tsubasa ZERO), the global version of a real-time football simulation RPG for smartphones.
Captain Tsubasa ZERO is available in over 100 regions and countries, according to a statement.
It is a real-time soccer simulation RPG in which the world of the latest TV anime ‘Captain Tsubasa’ is completely reproduced using familiar characters in the anime such as ‘Tsubasa Ozora’, ‘Kojiro Hyuga’, ‘Schneider’, ‘Diaz’ and ‘Pierre’.
Users can get players via free Transfer that can be used once a day or by consuming in-game currencies by advancing the stories that relive the world of the TV anime.
Various attack or defence skills can be set to each player. There are also skills exclusive for certain players, and familiar special moves in the anime can be unleashed. Once obtaining players, user can set them to build a team and select a formation.
Users can execute a miracle shot when the gauge is filled as a game progresses. The more the gauge is filled, the more chains are performed for better chance at scoring.
More information at https://www.gmo.jp/en.
-- BERNAMA
Captain Tsubasa ZERO is available in over 100 regions and countries, according to a statement.
It is a real-time soccer simulation RPG in which the world of the latest TV anime ‘Captain Tsubasa’ is completely reproduced using familiar characters in the anime such as ‘Tsubasa Ozora’, ‘Kojiro Hyuga’, ‘Schneider’, ‘Diaz’ and ‘Pierre’.
Users can get players via free Transfer that can be used once a day or by consuming in-game currencies by advancing the stories that relive the world of the TV anime.
Various attack or defence skills can be set to each player. There are also skills exclusive for certain players, and familiar special moves in the anime can be unleashed. Once obtaining players, user can set them to build a team and select a formation.
Users can execute a miracle shot when the gauge is filled as a game progresses. The more the gauge is filled, the more chains are performed for better chance at scoring.
More information at https://www.gmo.jp/en.
-- BERNAMA
Friday, 13 September 2019
ExxonMobil new products improve electric vehicle battery performance
KUALA LUMPUR, Sept 13 -- ExxonMobil, the largest publicly traded international oil and gas company recently launched its Mobil EV™ offering to meet the evolving drivetrain requirements of battery-operated electric vehicles.
Launched at the 2019 IAA, the products are designed to support the electric vehicle mobility needs of manufacturers and drivers, alike.
The Mobil EV suite of products contains molecules that are carefully selected and blended, helping battery electric vehicles to travel further between charges, extend component life and operate more safely.
Covering the full range of battery electric vehicle applications, the Mobil EV product range includes Mobil EV Therm™, Mobil EV Drive™, Mobil EV Cool Drive™ and Mobil EV Grease™.
The newly-launched products highlight close collaboration between ExxonMobil and original equipment manufacturers to meet consumers’ evolving mobility ambitions.
This launch follows the recent extension of the company’s partnership with Porsche to include collaboration on its Formula E series car for the 2019/2020 season – ExxonMobil’s first entry into electric motorsports.
According to ‘2019 Outlook for Energy: A Perspective to 2040, ExxonMobil, 2019’, plug-in hybrids, battery electric and fuel cell vehicles are predicted to exceed 20 per cent of the world’s light-duty fleet by 2040.
More details at https://www.mobilev.com
-- BERNAMA
Affordable Olympus Vanta (TM) Element XRF analyzer comes with essential features
KUALA LUMPUR, Sept 13 -- The new Olympus Vanta™ Element X-ray fluorescence (XRF) analyzer now offers essential features in a cost-effective model.
With easy to learn, fast to use and weighing a slim 2.9lb (1.32kg), the Vanta Element analyzer is up to the challenge of all day and high-throughput testing.
It offers speed and ease of use in a variety of testing environments, including scrap recycling and metal manufacturing whereby, users can obtain clear material and grade ID in seconds and compare alloy grades on the instrument’s screen.
With a dual-core processor and powered by Olympus’ proven Axon Technology™, the Vanta Element analyzer has the same stability and resolution as the rest of the Vanta series for rapid sorting and a fast ROI.
The analyzer also has an industrial 1GB microSD™ card for storing results and two USB ports for easy data export. For added flexibility, it is compatible with accessories, including the Vanta field stand, soil foot, probe shield and holster.
Olympus is a global technology leader, crafting innovative optical and digital solutions in medical technologies, life sciences, industrial solutions, and cameras and audio products. More information at https://www.olympus-ims.com/en.
-- BERNAMA
With easy to learn, fast to use and weighing a slim 2.9lb (1.32kg), the Vanta Element analyzer is up to the challenge of all day and high-throughput testing.
It offers speed and ease of use in a variety of testing environments, including scrap recycling and metal manufacturing whereby, users can obtain clear material and grade ID in seconds and compare alloy grades on the instrument’s screen.
With a dual-core processor and powered by Olympus’ proven Axon Technology™, the Vanta Element analyzer has the same stability and resolution as the rest of the Vanta series for rapid sorting and a fast ROI.
The analyzer also has an industrial 1GB microSD™ card for storing results and two USB ports for easy data export. For added flexibility, it is compatible with accessories, including the Vanta field stand, soil foot, probe shield and holster.
Olympus is a global technology leader, crafting innovative optical and digital solutions in medical technologies, life sciences, industrial solutions, and cameras and audio products. More information at https://www.olympus-ims.com/en.
-- BERNAMA
Lucidworks unveils latest version of flagship product
KUALA LUMPUR, Sept 12 -- Lucidworks, an AI-powered search solutions provider recently released Fusion 5.0, the latest version of its flagship product.
Lucidworks Fusion 5.0 allows customers to rapidly develop and deploy AI-powered search and data discovery applications in a modern, Kubernetes-based containerised architecture.
This update includes features that simplify implementation for data science teams and developers to create both a more personalised experience for digital commerce customers and improve employee productivity and engagement in the digital workplace.
According to Lucidworks chief executive officer Will Hayes, the latest version empowers customers to rapidly deliver a modern, hyper-personalised digital experience across e-commerce, digital workplace, government, financial services and more.
Lucidworks serves more than one-third of the US Fortune 100. Some of the world’s largest organisations, including Uber and Red Hat, use Lucidworks technologies to power their digital workplace and digital transformation efforts.
More details at https://lucidworks.com
-- BERNAMA
Lucidworks Fusion 5.0 allows customers to rapidly develop and deploy AI-powered search and data discovery applications in a modern, Kubernetes-based containerised architecture.
This update includes features that simplify implementation for data science teams and developers to create both a more personalised experience for digital commerce customers and improve employee productivity and engagement in the digital workplace.
According to Lucidworks chief executive officer Will Hayes, the latest version empowers customers to rapidly deliver a modern, hyper-personalised digital experience across e-commerce, digital workplace, government, financial services and more.
Lucidworks serves more than one-third of the US Fortune 100. Some of the world’s largest organisations, including Uber and Red Hat, use Lucidworks technologies to power their digital workplace and digital transformation efforts.
More details at https://lucidworks.com
-- BERNAMA
Thursday, 12 September 2019
Vista Global offers fastest in-flight broadband speed to private aviation
KUALA LUMPUR, Sept 12 -- Vista Global Holding via a revolutionary technology partnership with Collins Aerospace Systems is providing the fastest broadband speeds to private aviation customers.
Vista Global chairman and founder, Thomas Flohr said the service would revolutionise what it meant to stay connected with the outside world during a flight, providing customers with a level of broadband speed they would expect on land.
In a statement, the Dubai-based worldwide business flight services provider said LuxStream connectivity services fitted across Vista Global’s fleet of 116 owned aircraft.
LuxStream will be first integrated across 36 Global business jets operating under the VistaJet brand.
The system will allow round-the-clock digital connectivity in-flight, with the ability for simultaneous streaming of ultra HD content and access to their full-suite of connected devices.
Customers will also enjoy the highest in-flight bandwidth available with up to 25 Mbps in the United States and 15 Mbps globally.
This is the company’s further demonstration to bring the latest and most innovative technology to market and driving radical technological change across the private aviation industry.
More details at https://vistaglobal.com/
-- BERNAMA
SPORTS EXCHANGE PROGRAM (RUGBY): VISIT FROM ASEAN COUNTRIES AND TIMOR-LESTE UNDER JAPAN'S FRIENDSHIP TIES PROGRAM "JENESYS 2019"
TOKYO, Sept 10 (Bernama-BUSINESS WIRE) -- As part of Japan’s Friendship Ties Program “JENESYS 2019” promoted by the Ministry of Foreign Affairs, 165 young students (Boys and Girls) who have interests in Rugby and officials from Rugby association of ASEAN countries (Brunei , Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam) and Timor-Leste will visit Japan from September 13th to 21st.
The group will visit Shizuoka prefecture and interact with High school students and University students of Shizuoka thorough Rugby. Moreover, the program provides lectures on the theme (Relationship between Japan and ASEAN through Tag Rugby, Rugby World Cup 2019, and Activities on Rugby in Shizuoka etc.). It is expected to exchange across the countries through Joint Training and Friendly Match of Tag Rugby.
On 17th September, the group will visit Ministry of Foreign Affairs, and on 20th September, they will watch the opening game of Rugby World Cup 2019.
Through this program, it is expected that the relationship between Japan and ASEAN countries and Timor-Leste be strengthened, and the participants actively disseminates Japan's attractions by the participants.
[Ref.] Japan's Friendship Ties Programs “JENESYS2019”
This program is intended to promote people-to-people exchanges between Japan and the various nations of the Asia-Pacific, North America, Europe, Latin America, and the Caribbean, and to encourage an understanding of Japan's economy, society, history, diverse culture, politics and diplomatic relations among participants.
Itinerary
September 13th (Fri)
[Arrival] Arriving Japan at Narita/Haneda airport
[Move] Moving to Shizuoka
[Orientation]
September 14th (Sat)
[Lecture on the theme] Lecture on international exchange through Rugby
[Sport Exchange] Explaining rules of Tag Rugby, Joint training (Mixed Team)
September 15th (Sun)
[Sports Exchange] Joint Training (Mixed Team)
September 16th (Mon)
[Cultural Exchange] Taiko (Japanese drums) exchange, with Hiryu High school
[Sports Exchange] Friendly Match (Mixed Team)
[Exchange meeting] Shizuoka Prefectural Government Office/ Shizuoka Rugby Football Association/Japan Rugby Football association/Tokai University Shizuoka Shoyo High school /Numazu Technical High school
September 17th (Tue)
[Courtesy Call] Lecture by Shizuoka prefectural Local government office
[Lecture on the theme] Lecture on the relationship between Japan and ASEAN by Ministry of Foreign Affairs
[Courtesy Call to Ministry of Foreign Affairs]
September 18th (Wed)
[School Exchange] University of Shizuoka
[School Exchange] Fujieda Junshin High School/ Shizuoka prefectural Numazu Technical High school/ Shizuoka Salesio Senior High School/ Shizuoka Seiko Gakuin High School
September 19th (Thu)
[Visit related to the theme: Understanding International Goals (SDGs)] Mt. Fuji Eco Park
[Visit Historical Buildings] Mishima Shrine
[Workshop]
September 20th (Fri)
[Reporting Session]
[Watching the Rugby World Cup 2019 opening game]
September 21st (Sat)
[Departure] Departing from Narita/Haneda airport
http://mrem.bernama.com/viewsm.php?idm=35438
The group will visit Shizuoka prefecture and interact with High school students and University students of Shizuoka thorough Rugby. Moreover, the program provides lectures on the theme (Relationship between Japan and ASEAN through Tag Rugby, Rugby World Cup 2019, and Activities on Rugby in Shizuoka etc.). It is expected to exchange across the countries through Joint Training and Friendly Match of Tag Rugby.
On 17th September, the group will visit Ministry of Foreign Affairs, and on 20th September, they will watch the opening game of Rugby World Cup 2019.
Through this program, it is expected that the relationship between Japan and ASEAN countries and Timor-Leste be strengthened, and the participants actively disseminates Japan's attractions by the participants.
[Ref.] Japan's Friendship Ties Programs “JENESYS2019”
This program is intended to promote people-to-people exchanges between Japan and the various nations of the Asia-Pacific, North America, Europe, Latin America, and the Caribbean, and to encourage an understanding of Japan's economy, society, history, diverse culture, politics and diplomatic relations among participants.
Itinerary
September 13th (Fri)
[Arrival] Arriving Japan at Narita/Haneda airport
[Move] Moving to Shizuoka
[Orientation]
September 14th (Sat)
[Lecture on the theme] Lecture on international exchange through Rugby
[Sport Exchange] Explaining rules of Tag Rugby, Joint training (Mixed Team)
September 15th (Sun)
[Sports Exchange] Joint Training (Mixed Team)
September 16th (Mon)
[Cultural Exchange] Taiko (Japanese drums) exchange, with Hiryu High school
[Sports Exchange] Friendly Match (Mixed Team)
[Exchange meeting] Shizuoka Prefectural Government Office/ Shizuoka Rugby Football Association/Japan Rugby Football association/Tokai University Shizuoka Shoyo High school /Numazu Technical High school
September 17th (Tue)
[Courtesy Call] Lecture by Shizuoka prefectural Local government office
[Lecture on the theme] Lecture on the relationship between Japan and ASEAN by Ministry of Foreign Affairs
[Courtesy Call to Ministry of Foreign Affairs]
September 18th (Wed)
[School Exchange] University of Shizuoka
[School Exchange] Fujieda Junshin High School/ Shizuoka prefectural Numazu Technical High school/ Shizuoka Salesio Senior High School/ Shizuoka Seiko Gakuin High School
September 19th (Thu)
[Visit related to the theme: Understanding International Goals (SDGs)] Mt. Fuji Eco Park
[Visit Historical Buildings] Mishima Shrine
[Workshop]
September 20th (Fri)
[Reporting Session]
[Watching the Rugby World Cup 2019 opening game]
September 21st (Sat)
[Departure] Departing from Narita/Haneda airport
http://mrem.bernama.com/viewsm.php?idm=35438
Wednesday, 11 September 2019
Lithium Werks acquires system integrator, LiiON®
KUALA LUMPUR, Sept 6 (Bernama) -- Lithium Werks B.V. has acquired the energy storage system integrator, LiiON®, LLC. The closing of the acquisition is expected to be finalised in the fourth quarter, pending customary closing conditions.
Lithium Werks B.V. is a fast-growing lithium-ion battery and portable power solutions group, according to a statement.
“As a result of this acquisition, Lithium Werks will be able to offer both new and existing customers a trusted, one-stop platform for fully integrated solutions,” said Lithium Werks chief executive officer (CEO), T. Joseph Fisher III.
The LiiON® brand will be retained and its management will join the broader Lithium Werks management team, which extends the Lithium Werks workforce to more than 400 people worldwide.
“We are delighted to become part of the Lithium Werks Team, which will help us expand our customer base internationally,” said LiiON® founder and CEO, Gary Gray.
The acquisition not only strengthens Lithium Werks’ presence in the United States, but will also help the LiiON® part of the business extend its reach in Europe and Asia.
More information at https://lithiumwerks.com.
-- BERNAMA
Lithium Werks B.V. is a fast-growing lithium-ion battery and portable power solutions group, according to a statement.
“As a result of this acquisition, Lithium Werks will be able to offer both new and existing customers a trusted, one-stop platform for fully integrated solutions,” said Lithium Werks chief executive officer (CEO), T. Joseph Fisher III.
The LiiON® brand will be retained and its management will join the broader Lithium Werks management team, which extends the Lithium Werks workforce to more than 400 people worldwide.
“We are delighted to become part of the Lithium Werks Team, which will help us expand our customer base internationally,” said LiiON® founder and CEO, Gary Gray.
The acquisition not only strengthens Lithium Werks’ presence in the United States, but will also help the LiiON® part of the business extend its reach in Europe and Asia.
More information at https://lithiumwerks.com.
-- BERNAMA
Republic of Marshall Islands announces Timed Release Monetary Issuance of blockchain-based currency
KUALA LUMPUR, Sept 11 -- The Republic of the Marshall Islands (RMI) is moving ahead with its blockchain-based national currency, the Marshallese sovereign (SOV).
Announced at the Invest: Asia cryptocurrency conference in Singapore, the sovereign will be introduced in a highly visible way before circulation in the Marshall Islands is initiated, according to a statement.
Specifically, the currency will be introduced through a sale over an extended period of time in a Timed Release Monetary Issuance (TRMI). The units sold during this introductory period are intended to be exchanged for the Marshallese sovereign, once it is officially launched.
The TRMI units are to be released continuously in equal daily allotments, via auctions.
The bulk of the proceeds will be placed in trust funds focused on key challenges for the Marshall Islands, such as combating climate change and mitigating the ongoing health crisis caused by nuclear testing at Bikini Atoll.
The RMI currently uses the United States dollar as its currency, and the dollar will continue to circulate in the islands once the SOV is launched, but the Marshallese sovereign will be the RMI’s official legal tender.
In addition to algorithmically fixing the supply growth of SOV, newly-created SOV will be sent automatically to eligible SOV holders, including all Marshallese citizens, who will also receive an equal split of 10 per cent of the initial currency supply.
Interested parties can pre-register for the TRMI at the website of the SOV Development Foundation at https://sov.foundation.
-- BERNAMA
PubMatic releases industry-first independent omni-channel wrapper solution
KUALA LUMPUR, Sept 10 -- Premium digital advertising technology company, PubMatic has expanded OpenWrap, a first Prebid-based enterprise wrapper solution, to support OTT and CTV inventory.
Building upon OpenWrap’s success on desktop, mobile and in-app, publishers can now programmatically monetise inventory in all major addressable channels, while benefiting from the transparency and control offered by an independent, open-source solution.
PubMatic has also announced that Frankly Media has adopted OpenWrap server-to-server support for its video and OTT inventory, according to a statement.
OpenWrap simplifies workflows by managing omni-channel programmatic inventory in a single wrapper, allowing publishers to better monetise all inventory, especially high value video and advanced TV assets.
OpenWrap allows buyers to access premium audiences and brand safe supply across all addressable formats, enhancing reach and maximising OTS, resulting in improved audience targeting and media performance. This all helps drive increased buyer trust in digital advertising.
More information at https://pubmatic.com.
-- BERNAMA
Building upon OpenWrap’s success on desktop, mobile and in-app, publishers can now programmatically monetise inventory in all major addressable channels, while benefiting from the transparency and control offered by an independent, open-source solution.
PubMatic has also announced that Frankly Media has adopted OpenWrap server-to-server support for its video and OTT inventory, according to a statement.
OpenWrap simplifies workflows by managing omni-channel programmatic inventory in a single wrapper, allowing publishers to better monetise all inventory, especially high value video and advanced TV assets.
OpenWrap allows buyers to access premium audiences and brand safe supply across all addressable formats, enhancing reach and maximising OTS, resulting in improved audience targeting and media performance. This all helps drive increased buyer trust in digital advertising.
More information at https://pubmatic.com.
-- BERNAMA
Lung Ambition Alliance launches initiatives to address lung cancer survival
KUALA LUMPUR, Sept 10 -- The Lung Ambition Alliance launched several new initiatives to support its goal of doubling five-year survival by 2025, at the IASLC World Conference on Lung Cancer recently.
The founding partners of the Alliance include the International Association for the Study of Lung Cancer (IASLC), Guardant Health, Global Lung Cancer Coalition (GLCC) and AstraZeneca, according to a statement.
“The Alliance’s new initiatives, namely Initiatives in Lung Cancer Care, illustrate our shared goal to engage with the global community and encourage ambitious in-country solutions that can potentially transform patient care and improve survival rates in lung cancer,” said IASLC president, Giorgio Scagliotti.
The programme is an open call inviting registered patient organisations with focus on lung cancer worldwide to submit proposals for projects that can potentially transform patient care and improve survival within their home countries.
The Lung Ambition Alliance will officially accept grant applications in November, evaluating and selecting submissions that have met the criteria for funding.
It also announced the official launch of an international survey, conducted by IPSOS MORI, which will invite general practitioners, lung cancer specialists and the public from seven countries and three continents to share their perceptions on lung cancer.
The Lung Ambition Alliance is a flagship partnership of diverse organisations united in the quest to eliminate lung cancer. More information at www.lungambitionalliance.org.
-- BERNAMA
The founding partners of the Alliance include the International Association for the Study of Lung Cancer (IASLC), Guardant Health, Global Lung Cancer Coalition (GLCC) and AstraZeneca, according to a statement.
“The Alliance’s new initiatives, namely Initiatives in Lung Cancer Care, illustrate our shared goal to engage with the global community and encourage ambitious in-country solutions that can potentially transform patient care and improve survival rates in lung cancer,” said IASLC president, Giorgio Scagliotti.
The programme is an open call inviting registered patient organisations with focus on lung cancer worldwide to submit proposals for projects that can potentially transform patient care and improve survival within their home countries.
The Lung Ambition Alliance will officially accept grant applications in November, evaluating and selecting submissions that have met the criteria for funding.
It also announced the official launch of an international survey, conducted by IPSOS MORI, which will invite general practitioners, lung cancer specialists and the public from seven countries and three continents to share their perceptions on lung cancer.
The Lung Ambition Alliance is a flagship partnership of diverse organisations united in the quest to eliminate lung cancer. More information at www.lungambitionalliance.org.
-- BERNAMA
Tuesday, 10 September 2019
OraStream feels the music in Neil Young's new book
KUALA LUMPUR, Sept 10 -- OraStream Private Limited has announced its adaptive streaming technology has been featured in Neil Young’s new book, ‘To Feel the Music: A Songwriter’s Mission to Save High-Quality-Audio’.
Co-written with Phil Baker, the book tells the story of Neil Young’s efforts to improve the quality of audio that consumers hear.
The book describes the business and development story behind Pono and relates how Neil Young’s massive online archives, which the Guardian (UK) described as ‘a revolution in fandom’, came about. Young reveals how a unique adaptive streaming technology developed in Singapore made it possible to provide all of his music streaming in high resolution with the Neil Young Archives (www.neilyoungarchives.com).
OraStream’s technology has enabled all of the music on the Neil Young Archives to be enjoyed in high resolution audio quality on any personal computer and smartphone.
Celebrated singer-songwriter Neil Young, who has put his name and reputation on the quest for better audio over many years, says in the book: “There’s no longer any need to compromise audio quality as OraStream’s adaptive bitrate streaming marries the convenience of streaming with the best quality that users’ devices can handle. The technology is obviously superior to anything else.”
According to technology writer and co-author, Phil Baker, adaptive bitrate streaming is one of the key features that has made the Neil Young Archives possible. “There’s no higher streaming quality in the world than this. Neil and I believe this is the future of audio streaming.”
OraStream Chief Executive Officer, Frankie Tan says: "Neil Young’s mission to restore audio quality to what it once was, is the most important professional undertaking of his entire career.”
-- BERNAMA
Co-written with Phil Baker, the book tells the story of Neil Young’s efforts to improve the quality of audio that consumers hear.
The book describes the business and development story behind Pono and relates how Neil Young’s massive online archives, which the Guardian (UK) described as ‘a revolution in fandom’, came about. Young reveals how a unique adaptive streaming technology developed in Singapore made it possible to provide all of his music streaming in high resolution with the Neil Young Archives (www.neilyoungarchives.com).
OraStream’s technology has enabled all of the music on the Neil Young Archives to be enjoyed in high resolution audio quality on any personal computer and smartphone.
Celebrated singer-songwriter Neil Young, who has put his name and reputation on the quest for better audio over many years, says in the book: “There’s no longer any need to compromise audio quality as OraStream’s adaptive bitrate streaming marries the convenience of streaming with the best quality that users’ devices can handle. The technology is obviously superior to anything else.”
According to technology writer and co-author, Phil Baker, adaptive bitrate streaming is one of the key features that has made the Neil Young Archives possible. “There’s no higher streaming quality in the world than this. Neil and I believe this is the future of audio streaming.”
OraStream Chief Executive Officer, Frankie Tan says: "Neil Young’s mission to restore audio quality to what it once was, is the most important professional undertaking of his entire career.”
-- BERNAMA
AM Best gives Vietnam's BIDV Insurance Corporation good rating
KUALA LUMPUR, Sept 10 -- AM Best has affirmed the Financial Strength Rating of B++ (good) and the Long-Term Issuer Credit Rating of ‘bbb’ of BIDV Insurance Corporation (BIC) Vietnam.
The outlook of these credit ratings is stable. It reflects the company’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
The ratings factor in a neutral impact from the company’s ultimate majority ownership by the Vietnam Government, according to a statement.
Despite BIC’s moderate dividend payout ratio over the past three years, retained earnings have remained sufficient to bolster shareholders’ equity and support business growth.
Other balance sheet considerations include the company’s reliance on third-party reinsurance to increase underwriting capacity for large property and engineering risks, as well as to manage accumulation risks and catastrophe exposure.
AM Best views the company’s operating performance as adequate, as evidenced by a five-year average return-on-equity ratio of 7.7 per cent (2014 to 2018).
AM Best is a global rating agency and information provider with unique focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
RigNet signs agreement with Galoc Production Company to deliver Intelie Live
KUALA LUMPUR, Sept 10 -- RigNet, the leading provider of ultra-secure, intelligent networking solutions, today announced it has been awarded a multi-year agreement with Galoc Production Company (GPC) to deploy Intelie Live, RigNet’s machine learning-based analytics platform, onboard the floating production storage and offloading (FPSO) vessel Rubicon Intrepid.
RigNet will deploy Intelie Live on its highly secure and scalable Managed Communication Service that includes the deployment of CyphreLink, the company’s military grade encryption solution providing the highest level of data protection for Data in transit.
This is the ongoing expansion of RigNet’s portfolio of FPSO clients including 10 FPSOs won in off-shore Brazil over the last nine months.
Rubicon Intrepid is currently on-station at the Galoc Field, offshore the Philippines at SC14C, Northwest Palawan.
RigNet Chief Executive Officer and President, Steven Pickett said: “GPC’s decision to bundle Intelie Live with our Managed Communication Services along with our industry leading data protection solution, CyphreLink, demonstrates their commitment to digital transformation.”
More information at https://www.rig.net.
-- BERNAMA
RigNet will deploy Intelie Live on its highly secure and scalable Managed Communication Service that includes the deployment of CyphreLink, the company’s military grade encryption solution providing the highest level of data protection for Data in transit.
This is the ongoing expansion of RigNet’s portfolio of FPSO clients including 10 FPSOs won in off-shore Brazil over the last nine months.
Rubicon Intrepid is currently on-station at the Galoc Field, offshore the Philippines at SC14C, Northwest Palawan.
RigNet Chief Executive Officer and President, Steven Pickett said: “GPC’s decision to bundle Intelie Live with our Managed Communication Services along with our industry leading data protection solution, CyphreLink, demonstrates their commitment to digital transformation.”
More information at https://www.rig.net.
-- BERNAMA
OMRON announces global release of CP2E Series controller
KUALA LUMPUR, Sept 10 -- OMRON Corporation, a global leader in the field of automation has announced the global release in October of its new CP2E Series all-in-one controller that provides advanced control and IoT connectivity for compact machines.
The performance of IoT-connected machines can be visualised through simple programming, helping improve productivity and quality of machines used in manufacturing and other industries.
As a result of rising labour costs and shortage of skilled workers, manufacturers increasingly need to streamline the process of production ranging from machine setup to operation and maintenance.
In order to leverage machine data, the CP2E Series collects machine performance data and shares the necessary information with the host network, according to a statement.
The pre-defined programme data, or a function block, allows virtually anyone to set up machines that perform complex control, reducing the time required for programming, test, debugging and maintenance.
For more information, visit https://www.omron.com.
-- BERNAMA
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