GPC launches complimentary stock valuation calculator for Southeast Asian companies

Valuation Report

KUALA LUMPUR, Sept 29 -- Global Partners Consulting Pte Ltd (GPC) and its subsidiary GPC Gateway Pte Ltd launched a complimentary stock valuation calculator specialised for Southeast Asian companies.

GPC launches complimentary stock valuation calculator for Southeast Asian companies: GPC launches complimentary stock valuation calcula

DIGITAL LEGAL EXCHANGE JOINS TECHLAW.FEST AS DIGITAL TRANSFORMATION PARTNER

Exchange faculty to join a host of thought leaders and innovators at the largest-ever TechLaw.Fest

LONDON, Sept 29 (Bernama-BUSINESS WIRE) -- The Digital Legal Exchange (DLEX), a non-profit global forum, digital repository, and community of leading multinational companies committed to accelerating digital transformation in legal, has joined TechLaw.Fest 2020 as a digital transformation partner. Exchange leadership and faculty will participate in the five-day virtual event which convenes more than 5,000 legal industry professionals, across 80 countries, to discuss disruption and innovation in legal operations, technology law, and access to justice. TechLaw.Fest 2020 is jointly organized by the Singapore Academy of Law (SAL), MP International, and the Ministry of Law, Singapore.

Digital Legal Exchange Executive Chairman Mark A. Cohen will engage in a fireside chat with Professor Richard Susskind, Chair of the Advisory Board of the Oxford Internet Institute and Technology Adviser to the Lord Chief Justice of England and Wales. The two highly respected legal industry leaders will discuss how COVID-19 has accelerated the reshaping of legal. The discussion, The Future of the Legal World, will be moderated by Tan Ken Hwee, Chief Transformation and Innovation Officer for the Supreme Court of Singapore.

“The Digital Legal Exchange is delighted to collaborate with the Singapore Academy of Law, engaging in joint workshops, educational programs, and other activities that upskill lawyers and legal professionals to equip them to meet the needs of clients, customers, and society. As the inaugural Catalyst-in-Residence of the Singapore Academy of Law's LIFTED initiative, one of my remits is to promote multidisciplinary, multicultural dialogues and initiatives that make legal services more accessible, efficient, affordable, and empathetic,” said Exchange Executive Chairman Mark A. Cohen. “Digital transformation is reimagining the customer experience across industries, but legal has lagged to the detriment of its clients, customers, and society. DLEX and SAL are committed to taking the lead in the legal industry’s much-needed digital transformation.”

TechLaw.Fest 2020 will take place from September 28 through October 2 and will include more than 150 speakers from 25 countries. Among the 2020 speakers are DLEX leadership and faculty, including: Reena SenGupta, Exchange Executive Director and CEO of RSG Consulting; Dr. Eva Bruch, Founder of AlterWork; Sam Mantle, Executive Vice President of Digital Engineering for Luxoft; Mari Sako, Professor of Management Studies at Oxford Saïd Business School; Bill Deckelman, Executive Vice President and General Counsel of DXC Technology; Chris Fowler, General Counsel Technology at BT Group; Michele DeStefano, Law Professor and Founder of LawWithoutWalls; Yasmin Lambert, Partner at RSG Consulting; and, Paul Lanzone, Senior Vice President at UnitedLex, Global Delivery Lead DXC.

“TechLaw.Fest is an immensely insightful event, drawing world-class talent from the fields of law, business, technology, academia, and government that share a common thread of impacting their industries through digital transformation,” said Exchange Executive Director Reena SenGupta. “I am excited to join fellow faculty member Paul Lanzone for a conversation on how general counsel can become digital leaders in their businesses to drive commercial value and business growth."

The conference will include several virtual live webcast tracks, on-demand recorded content, and interactive webcasts. Throughout the event, attendees will have access to a virtual knowledge café where key speakers and industry leaders will host small group discussions on critical industry topics, and online networking and engagement opportunities where attendees can arrange 1:1 meetings.

For more information and to register visit: https://www.techlawfest.com/

About the Digital Legal Exchange

The Digital Legal Exchange is a global institute of leading thinkers and doers from academia, business, government, technology, and law committed to accelerating digital transformation. The non-profit community shares practical and applied learnings to inspire general counsel and their teams to become digital leaders in their businesses to drive commercial value.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20200928005490/en/

Contact

Media:
Conor Douglass
conor.douglass@edelman.com

Source : Digital Legal Exchange

--BERNAMA

China’s HIC Credit Ratings remain under review with developing implications status

KUALA LUMPUR, Sept 28 — Global credit rating agency, AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb’ of Hyundai Insurance (China) Co Ltd (HIC) China.

The Credit Ratings reflect HIC’s balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.

These ratings were placed under review with developing implications on July 30 last year, following an announcement that HIC planned to raise additional capital through four new investors.

On March 10, HIC obtained regulatory approval to receive capital injections from four new investors, namely Legend Holdings Corporation (Legend Holdings); Dirun (Tianjin) Technology Co Ltd (Dirun); Anhui Easy-Biz Digital Technology Co Ltd; and, Ningbo Meishan Bonded Port Area Sequoia Yaosheng Equity Investment Partnership.

Following the capital injections, HIC’s paid-in capital increased to RMB 1.7 billion (US$ 240 million) from RMB 550 million (US$ 79 million). (US$1 = RM4.166)

According to a statement, Hyundai Marine & Fire Insurance Co Ltd’s stake in HIC has been diluted to 33 per cent from 100 per cent, while Legend Holdings and Dirun each hold a 32 per cent stake.

As the new board of directors appointment has been delayed by COVID-19, HIC’s ratings will remain under review until AM Best concludes its discussions with the company’s shareholders and new management team.

More details at www.ambest.com.

— BERNAMA

NUVIA secures US$240 million Series B funding round

KUALA LUMPUR, Sept 25 -- NUVIA, a leading-edge silicon design company has closed its Series B funding round, raising US$240 million as it accelerates plans to deliver industry leading CPU performance to the data centre. (US$1 = RM4.166)

The funding round was led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai (founders of Marvell Technology Group), funds and accounts managed by BlackRock, Fidelity Management & Research Company LLC, and Temasek.

This includes additional participation from Atlantic Bridge, Redline Capital, Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe LLC and WRVI Capital.

“We’re very fortunate to have an incredible group of investors behind us as we close Series B and take the next steps in our vision to redefine performance, energy efficiency, scalability, compute density and total cost of ownership within the data centre, said NUVIA Chief Executive Officer, Gerard Williams III.

According to a statement, the closure of NUVIA’s Series B round builds on a US$53 million Series A round, raised in November 2019.

Headquartered in Santa Clara, NUVIA is building a leading-edge SoC and CPU core, codenamed ‘Orion’ and ‘Phoenix’, that are designed to deliver industry leading performance on real cloud workloads.

More details at www.nuviainc.com.

-- BERNAMA

NETSFERE BRINGS THE POWER OF SECURE COMMUNICATION TO THE WORKPLACE BY ENABLING ENCRYPTED GROUP VIDEO CALLING AND REAL-TIME COMMUNICATION TOOLS ON ITS MESSAGING PLATFORM

Company unveils its most advanced product update with secure, regulatory compliant communications tools that enable instantaneous, contextual team collaboration while reducing the need for formal, time-consuming meetings

CHICAGO, Sept 23 (Bernama-GLOBE NEWSWIRE) -- NetSfere, an award-winning secure mobile messaging service today announced its most advanced product update with the launch of encrypted group video and voice calling and real-time collaboration for mobile and desktop. The new features are designed to enhance team collaboration and drive workplace productivity through a more contextual, seamless communications experience with voice, video and text messaging, while allowing the enterprise to maintain control and regulatory compliance.

“NetSfere was built from the ground up for the enterprise with a focus on three things – security, encryption and enterprise control,” said Anurag Lal, President and CEO. “Popular consumer-built messaging apps like Slack, Skype and WhatsApp have set the standard for mobile communications features, but they were never built with enterprise-security and control in mind. By adding new collaboration options to NetSfere’s platform offerings, we are now able to provide enterprises with the tools they need to optimize their workforce to be more productive without compromising on security.”

NetSfere is available globally and also offered in partnership with Duetsche Telekom GmbH., one of the world’s leading integrated telecommunications companies, and with NTT Ltd, a global information communications & technology service provider.

“We have been partnered with NetSfere for several years to offer robust and secure messaging to our customers as part of the Deutsche Telekom portfolio of ICT products and services,” said Alexis Raftopoulos Head of Sales Mobile Enterprise Solutions at Deutsche Telekom Business Solutions. “The addition of encrypted group video calling and screen sharing capabilities further advances NetSfere’s commitment to provide its users with a complete, secure mobile messaging experience that improves workforce collaboration and productivity. We’re excited about bringing these capabilities to our customers and other global organizations.”

http://mrem.bernama.com/viewsm.php?idm=38210

Nanotech opens Ultra-Precision Machining Process Development Center in North Carolina

KUALA LUMPUR, Sept 23 -- Moore Nanotechnology Systems (Nanotech), an ultra-precision machining systems supplier has announced the opening of its Ultra-Precision Machining Process Development Center in Concord, North Carolina.

According to a statement, the 3,500 ft² facility will employ Nanotech’s newest technology advancements, including next generation diamond-turning equipment, state of the art metrology and analysis tools, and hardware process-development activities.

The purpose of having the facility near the UNC Charlotte campus is to form a more collaborative relationship with Matt Davies in diamond-turning research and Chris Evans with precision metrology.

UNC Charlotte is recognised globally for its Center for Precision Metrology, and via the work led by Davies, their diamond-turning expertise is ranked amongst the best in the nation.

Nanotech President and Chief Executive Officer, Mark Boomgarden said: “Working closely with a US-based university like UNC Charlotte, that has expertise in both ultra-precision machining and metrology, provides a great opportunity for Nanotech to collaborate and advance our product and technology offerings.”

“Based on our research and experience manufacturing freeform optics, Nanotech is a global leader in the design, development and deployment of diamond-turning equipment,” said Davies, who currently serves as UNC Charlotte Mechanical Engineering and Engineering Science Professor.

He said having the Process Development Center closer to campus will make future collaboration that much easier.

-- BERNAMA

THE CHARM OF CHEONGSAM WAS PROMOTED IN SHENYANG

 

 

^{The 4th China Textile Intangible Cultural Heritage Conference and the 2nd China (Shenyang) Cheongsam Culture Festival opened.}


SHENYANG, China, Sept. 24, 2020 /Xinhua-AsiaNet/-- 

The 4th China Textile Intangible Cultural Heritage Conference and the 2nd China (Shenyang) Cheongsam Culture Festival were held in China Industrial Museum on September 20th, according to the Publicity Department of Shenyang Municipality. A splendid visual feast of cheongsam was staged, which led to the trend of cheongsam at the opening ceremony, and realized the inheritance of intangible cultural heritage and cheongsam culture.  

The event promoted the combination of textile intangible cultural heritage and cheongsam industry in Shenyang, the "ancient capital of cheongsam", and it further demonstrated the clothing culture and fashion charm of Shenyang, a famous historical and cultural city.
 
Cheongsam culture prevailed from 1636 to the world in Shenyang. Cheongsam is an important resource to promote the development of cultural industry in Shenyang. Shenyang will hold Cheongsam Culture Festival to promote the development of clothing, cultural tourism and other industries.

The Tongshijie intangible cultural heritage academy project of Shenyang Shengjing manchu embroidery Cultural Industry Group Co., Ltd. held a theme conference of "Shengjing Manchu embroidery calligraphy spreading intangible cultural heritage" in Shenyang on the same day, which was also one of the important activities of the 4th China Textile Intangible Cultural Heritage Conference and the 2nd China (Shenyang) Cheongsam Culture Festival.

Tongshijie intangible cultural heritage academy is subordinate to the "Shengjing manchu embroidery three dimensional publishing project", and is rated as "national cultural key export project" in 2019-2020 by the Ministry of Commerce and other five ministries and commissions. Intangible cultural heritage academy takes intangible cultural heritage as the goal. It shows the cultural self-confidence and cohesion of all ethnic groups.  

Source: The Publicity Department of Shenyang Municipality

Image Attachments Links:

Link: http://asianetnews.net/view-attachment?attach-id=372367 

Caption: The 4th China Textile Intangible Cultural Heritage Conference and the 2nd China (Shenyang) Cheongsam Culture Festival opened. 

Link: http://asianetnews.net/view-attachment?attach-id=372374 

Caption: On the spot of the theme conference of "Shengjing manchu embroidery, cultural heritage intangible cultural heritage"

Jumio To Enable Biometric-based Identity Proofing Services For Microsoft Azure Active Directory

PALO ALTO, Calif., Sept 23 (Bernama-BUSINESS WIRE) -- Jumio, a leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced that its AI-powered identity verification solutions are now available to Microsoft Azure Active Directory External Identities for B2C customers. Azure Active Directory B2C is a customer identity access management solution. The integration equips Azure Active Directory B2C customers with an intuitive and biometric means of identity proofing new customers before issuing them login credentials. This integration streamlines new account onboarding, simplifies KYC and AML compliance, and deters online fraud on a global scale.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005002/en/

Ensuring that an online user has been verified, up front, with state-of-the-art biometrics reduces the friction usually associated with account creation. All of this makes it easier for consumers to create accounts online and for enterprises to centralize the collection of user profile and preference information, and capture detailed analytics about sign-in behavior and sign-up conversion.

"Before giving carte blanche access to your application, it’s increasingly important to quickly verify the authenticity of online users, especially in light of recent, large-scale data breaches," said Dean Hickman-Smith, CRO of Jumio. "We help modern enterprises, such as Azure AD B2C customers, verify the identities of remote users, so that companies can confidently greenlight legitimate individuals and assign them the appropriate access privileges."

"We're pleased to offer Jumio’s identity verification solutions to Microsoft Azure Active Directory B2C customers,” said Sue Bohn, Partner Director Program Management at Microsoft Corp. “Through the power of biometrics and AI in Jumio, Microsoft Azure B2C customers can verify the digital identities of consumers remotely in a fast and scalable manner."

Jumio establishes digital identity by requiring the user to capture a picture of a government-issued ID and a corroborating selfie with their webcam or smartphone. Requiring a government-issued ID (e.g., a driver’s license) establishes a powerful trust anchor that carries over into the future for all subsequent authentication events. This trust anchor is fortified with biometrics (matching the face in the selfie to the picture on the ID) and certified liveness detection ensures the person providing that credential is physically present.

http://mrem.bernama.com/viewsm.php?idm=38212

Singapore's Claritas to enter North American market via CAD$5 million licensing agreement

KUALA LUMPUR, Sept 22 -- Singapore-based Claritas HealthTech Pte Ltd (Claritas) and Labrador Technologies Inc (Labrador) have entered into an exclusive arm’s length software licence purchase agreement.

According to a statement, Claritas will enter the North American market via CAD$5 million agreement, dated June 28. (CAD$1 = RM3.105)

Pursuant to the terms of the Agreement, Labrador will issue sufficient shares such that the Proposed Transaction will constitute a Reverse Takeover (RTO) of Labrador under the policies of the TSX Venture Exchange (TSXV).

Upon the closing of the Proposed Transaction, it is expected that Labrador will continue to be a Technology Issuer on the TSXV and will be renamed as Claritas HealthTech Inc.

“With our iRAD platform successfully tested and continuing to be deployed across Asia, the next natural step is for Claritas to establish a presence in North America on account of the size and requirements of its medical imaging market,” said Claritas Co-founder and COO, Devika Dutt.

“The completion of the RTO will allow for the rapid deployment of our technology across North America, thereby furthering our mission to enable physicians globally to make more informed diagnostic decisions for the betterment of patients”.

Claritas is actively looking for potential takeover candidates in the telemedicine and virtual healthcare sectors, both in the regional and North American markets.

Besides the medical image processing and enhancement product iRAD, the company will soon be releasing several AI tools that will help clinicians in rapid and accurate detection of abnormalities.

-- BERNAMA

LeddarTech Acquires Phantom Intelligence Assets

QUEBEC CITY, Sept. 22, 2020 (GLOBE NEWSWIRE) -- LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, is pleased to announce the acquisition of the assets of Phantom Intelligence, including all of its intellectual property and technology.

Founded in 2011, Phantom Intelligence is recognized for their expertise in signal processing and LiDAR technology that protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver assistance systems (ADAS).

The Phantom Intelligence transaction on September 14, 2020 represents the second acquisition by LeddarTech in the last three months. In July of 2020, LeddarTech acquired VayaVision, an Israel-based sensor-fusion and perception technology company. The acquisition of Phantom Intelligence provides LeddarTech access to specific LiDAR designs, software, and associated customer and partner projects. The company and its intellectual property will transition under the LeddarTech brand.

“The Phantom Intelligence acquisition further advances our strategy to aggregate and consolidate automotive sensing technologies, enabling LeddarTech to offer comprehensive solutions to our customers at lower costs,” stated Mr. Frantz Saintellemy, President and COO of LeddarTech. “At LeddarTech we have, despite the COVID 19 pandemic, accelerated our drive towards serving multiple transportation and vehicle markets with end-to-end sensing solutions that provide our ADAS and AD customers a faster path to market at lower costs,” continued Mr. Saintellemy. “The acquisitions of VayaVision and Phantom Intelligence, combined with our decade-long expertise in groundbreaking L1-5 ADAS and AD sensing technologies, demonstrate our commitment to continuous innovation and service to our Tier 1-2, OEM, and autonomous mobility customers,” concluded Mr. Saintellemy.

About LeddarTech

LeddarTech is a leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments with its LeddarVision™ sensor-fusion and perception platform. LeddarTech delivers a cost-effective, scalable, and versatile LiDAR development solution to Tier 1-2 automotive system integrators that enables them to develop automotive-grade solid-state LiDARs based on the foundation of the LeddarEngine™. LeddarTech has 14 generations of solid-state LiDARs based on the LeddarEngine platform operating 24/7 in harsh environments. This platform is actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Corporate Marketing and Communications, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

CSOP introduces world's largest Chinese pure government bond ETF in Singapore

 

KUALA LUMPUR, Sept 18 -- CSOP Asset Management Pte Ltd debuts first ETF - ICBC CSOP FTSE Chinese Government Bond Index ETF (ticker: US$ counter: CYB/ SGD counter: CYC) in Singapore, in partnership with ICBC Asset Management.

Operating since April last year, CSOP Asset Management brings its leading expertise and experience in ETF management to Singapore investors, according to a statement.

The CYB/CYC offers investors opportunities to access the fast growing China onshore bond market, adopting a representative sampling strategy to replicate as closely as possible the performance of the FTSE Chinese Government Bond Index to achieve its investment objective.

Denominated in RMB, CYB/CYC can be created and redeemed in both US$ and RMB in primary market. Post listing, the CYB/CYC trades in both US$ and SGD at board lot size of 10 shares.

As the first SGX-listed ETF investing directly in China onshore bond market, CYB/CYC has attracted a number of institutional investors and US$675,571,000 investment, marking it one of the ETFs with a significantly large initial size on SGX, and also the world’s largest Chinese pure government bond ETF. (US$1= RM4.122)

CSOP Asset Management Limited (CSOP AML) Chairman Zhou Yi said: “CYB/CYC is designed to help capture the investment opportunities brought by the booming China onshore bond market.”

With a dedicated focus in China investing, CSOP AML manages public and private funds, as well as providing investment advisory services to Asian and global investors.

-- BERNAMA

AM Best affirms COSCO SHIPPING Captive Credit Ratings

KUALA LUMPUR, Sept 18 -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of ‘a’ of COSCO SHIPPING Captive Insurance Co Ltd (COSCO SHIPPING Captive) China.

The outlook of these Credit Ratings (ratings) is stable, according to a statement.

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

The ratings also reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited, which AM Best perceives to benefit from strong government support.

COSCO SHIPPING Captive’s risk-adjusted capitalisation remained at the strongest level in 2019, as measured by Best’s Capital Adequacy Ratio.

With initial start-up capital of RMB 2 billion (US$286 million), a level much higher than its captive peers in Asia Pacific, AM Best expects the company to maintain an abundant buffer in its risk-adjusted capitalisation to support its risk profile. (US$1 = RM4.122)

For more information, visit www.ambest.com.

-- BERNAMA

Apifiny-ECS Fin partnership to launch Roxe network pilot programme

KUALA LUMPUR, Sept 18 -- Apifiny, a fintech company that is building a new Internet of financial services, has announced ECS Fin will begin a pilot programme to test the integration of Apifiny’s Roxe instant settlement network.

The Roxe network is designed to save financial institutions significant time and costs by using blockchain technology to provide highly reliable, secure, and real-time clearing and cross-border settlement of payments and remittances, traditional assets and digital assets.

“Our partnership with ECS Fin can enable banks to remove barriers of time, geography, and currency so that financial value can move more reliably and much faster at much lower costs anywhere in the world,” said Apifiny Chief Executive Officer, Haohan Xu.

Apifiny-ECS Fin partnership to launch Roxe network pilot programme: Apifiny-ECS Fin partnership to launch Roxe network

MoEngage-Mixpanel partnership to allow personalised customer engagement

KUALA LUMPUR, Sept 17 -- MoEngage, the world’s fastest-growing customer engagement platform, and Mixpanel, the leader in product analytics, have announced a strategic partnership to help companies maximise customer engagement by delivering personalised experiences based on behavioural insights.

MoEngage enables customers to build an integrated mobile marketing and analytics stack by creating seamless integrations with leading players in the space.

According to a statement, MoEngage’s pre-built integrations help marketers and product owners access all actionable customer data across multiple systems when they execute omnichannel customer marketing campaigns.

“MoEngage is committed to building the richest and widest integrations with leading players in Analytics, CDP, Attribution, AI, and Conversational Assistants,” says MoEngage Chief Executive Officer, Raviteja Dodda.

“Mixpanel is a leader in Product Analytics; our integration with Mixpanel will enable our joint customers to improve data-driven personalisation capabilities and maximise marketing ROI.”

With the new two-way integration between both the platforms, product owners and marketers can leverage the cohorts built on Mixpanel to trigger AI-powered personalised messaging through MoEngage.

These cohorts are periodically refreshed with the most relevant users on Mixpanel and sent to the MoEngage platform.

At the same time, companies can also automatically sync campaign data from MoEngage to Mixpanel and measure the long-term impact of their campaigns on customer lifetime value.

-- BERNAMA

NTT Com honoured in 2 categories by Frost & Sullivan 2020 Asia Pacific Best Practices Awards

KUALA LUMPUR, Sept 17 -- NTT Communications Corporation (NTT Com) was recently recognised as the award recipient for 2020 Japan IoT Service Provider of the Year and 2020 Japan Data Center Service Provider of the Year by the Frost & Sullivan 2020 Asia Pacific Best Practices Awards programme.

According to a statement, NTT Com was named 2020 Japan IoT Service Provider of the Year for the second year running.

NTT Com supports the digital transformations of customers via its Things Advisory™, Things Coordination™, Things Management™ and Things Cloud® IoT platform.

Meanwhile, 2020 Japan Data Center Service Provider of the Year award is understood to acknowledge NTT Com’s efforts to support customers with Nexcenter™ data centre services, managed services and Flexible InterConnect, secure connections to various clouds, as well as the company’s newly-opened Nexcenter Lab™.

Celebrating its 18th year, the Frost & Sullivan Asia-Pacific ICT Awards are now combined to the Frost & Sullivan Asia-Pacific Best Practices Awards programme.

The awards recognise companies in a variety of regional and global markets that demonstrate outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development.

To identify best practices in respective industries each year, industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research.

-- BERNAMA

American Express to expand Centurion® Lounges in US airports, introduces COVID-19 new practices

Rendering of Centurion Lounge at New York's LaGuardia Airport (Photo: Business Wire)

KUALA LUMPUR, Sept 17 -- American Express recently announced plans to expand two of its signature Centurion Lounges at New York's LaGuardia Airport (LGA) and Las Vegas’ McCarran International Airport (LAS).

The Centurion Lounge at LGA will relocate to a larger location in the brand new Terminal B, and as previously announced, the current Centurion Lounge at LAS will be expanded and redesigned.

According to a statement, renovations at both lounges will be completed next year and feature a suite of amenities for Card Members to enjoy when they resume travelling.


American Express to expand Centurion® Lounges in US airports, introduces COVID-19 new practices: American Express to expand Centurion® Lounges in

Anaplan new intelligence framework offers predictive forecasting, agile scenario planning

Anaplan PlanIQ with Amazon Forecast (Graphic: Business Wire)

KUALA LUMPUR, Sept 17 -- Anaplan Inc, a cloud-native platform provider, recently announced a new intelligence framework, delivering advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities for predictive forecasting and agile scenario modeling.

Anaplan new intelligence framework offers predictive forecasting, agile scenario planning: Anaplan new intelligence framework offers predicti

Flywire offers secure payment experience for NTU Singapore international students

KUALA LUMPUR, Sept 17 -- Flywire has partnered with Nanyang Technological University, Singapore (NTU Singapore) to offer a fully integrated, digital payment platform for international students for Academic Year 2020/21, beginning Aug 11.

Flywire’s platform simplifies and solves the complex challenges of sending and receiving funds abroad to streamline NTU’s cross-border receivables management and allow significant cost efficiencies.

Flywire offers secure payment experience for NTU Singapore international students: Flywire offers secure payment experience for NTU S

Vista Global opens private jet fleet service to Ferrari international drivers

KUALA LUMPUR, Sept 17 -- Private aviation group, Vista Global will open its global private jet fleet to Ferrari drivers participating in the international GT races and Prancing Horse monobrand championships.

Vista Global opens private jet fleet service to Ferrari international drivers: Vista Global opens private jet fleet service to Fe

Fusionex runs partnership on Malaysia’s first virtual fitness platform

 KUALA LUMPUR, Sept 17 -- Multi-award-winning AI and Big Data technology leader, Fusionex was selected as the strategic tech partner for Aisportz, Malaysia’s first virtual fitness platform.

According to a statement, Fusionex will power Aisportz’s digital platform and enhance the user experience.

“This virtual fitness platform is evidence of a brilliant confluence between the power of technology and the spirit of sports. As the technology partner, I believe that digital transformation will make health activities more engaging, fun and connected,” said Fusionex Group Chief Executive Officer, Datuk Seri Ivan Teh.

Bringing national badminton icon, Datuk Wira Lee Chong Wei as pioneer ambassador athlete, Aisportz will offer a series of fitness challenges for its members to perform and upload the results onto the website.

Besides the fitness aspect, Airsportz also collaborated with Royal Selangor to create exclusive pewter Challenge Medals that can only be obtained by completing specific fitness challenges.

Through the power of digital innovation, the platform will be able to overcome technical barriers and enable sports enthusiasts, both beginners and experts, to connect virtually and engage in physical activities.

With a vision to give users the same experience they would enjoy in person, this partnership will shape a unique fitness journey for all platform users.

-- BERNAMA

ROXE CHAIN FOUNDATION LAUNCHES SUPERNODES PARTNER PROGRAM TO POWER A NEW PARADIGM FOR GLOBAL VALUE EXCHANGE

Roxe Chain Infrastructure Powers Fast, Secure, and Cost-Effective Value Transfer Applications Anywhere in the World

SINGAPORE, Sept 11 (Bernama-BUSINESS WIRE) -- Roxe Chain Foundation Limited, a Singapore non-profit that owns and operates the Roxe Chain blockchain, today announced its Supernodes Partner Program outlining its key benefits and requirements, as well as how companies can apply to become a supernode. Roxe Chain technology powers third-party applications to transfer value as instantly as information is transferred over the Internet, helping major banks, financial institutions, and consumers to move value much faster and more cost-effectively.

Roxe Chain is the infrastructure of third-party value transfer solutions, powering applications such as Apifiny Inc.’s Roxe Global Instant Settlement Network. In addition to supernodes, the Roxe Chain Foundation plans to activate additional network nodes over time, making Roxe Chain even faster and more decentralized, secure, and reliable.

What is a Supernode?

Roxe Chain supernodes are highly connected network nodes that provide computing power to ensure efficient operations for the entire Roxe Chain network. Responsibilities include block production, bookkeeping, and real-time recording of account books. For a detailed description of the Roxe Chain, please refer to the Roxe Chain website.

Benefits for Supernodes

A maximum of twenty one (21) supernodes will govern and maintain the Roxe Chain across the globe. The main benefit of becoming one of Roxe Chain’s 21 supernodes is a financial incentive. Each supernode will earn 1 percent of the total revenue from sending transactions using the Roxe Chain. The Roxe Chain Foundation will pay the 1 percent revenue share to each of the Roxe Chain supernode organizations on a monthly basis.

Another key benefit for supernodes is recognition as an innovative leader in the blockchain and cryptocurrency ecosystem, especially in global instant settlement and cross-border payments.

Starting today, institutions can apply to become a Roxe Chain supernode here. 

http://mrem.bernama.com/viewsm.php?idm=38108

Lithium Werks’ new unit driven to work with global sports car manufacturers

KUALA LUMPUR, Sept 15 -- Lithium Werks B.V. has announced the formation of a new specialty high-performance business unit that will collaborate with leading global sports car manufacturers for electrification of their fleet.

The company will also supply them with the world's fastest and most powerful lithium batteries, according to a statement.

Lithium Werks’ new unit will work with the world’s leading high-end sports car companies to enable them to launch game-changing and innovative electric sports cars with unparalleled power, speed and performance.

As a part of this new initiative, Lithium Werks is also announcing that the new business unit will be able to deliver several new cell sizes, in addition to the current 18650 and 26650 cell formats.

These new cell sizes include the 18700, 21700 and 26700 cylindrical cell sizes, which will allow packs and solutions in different shapes and sizes depending on the OEM’s requirements.

Lithium Werks aims to shape the future of high-end sports cars and motorsports featuring new binders, specialty polymers, blends and nanocrystalline materials along with patented cell designs, delivering batteries that will meet the most challenging performance.

More details at www.lithiumwerks.com.

-- BERNAMA

Flowserve offers purchasing outstanding 1.25 per cent Senior Notes

KUALA LUMPUR, Sept 15 -- Flowserve Corporation (the Offeror), a flow control products and services provider, has announced an offer to purchase for cash (the Offer) any and all of its outstanding 1.25 per cent Senior Notes due March 17, 2022 (the Notes) from the holders of the Notes (the Noteholders).

On the terms and subject to the conditions set out in the Tender Offer Memorandum dated Sept 14, the Offeror launched an invitation to the Noteholders to tender their Notes for purchase at the Purchase Price.

Flowserve offers purchasing outstanding 1.25 per cent Senior Notes: Flowserve offers purchasing outstanding 1.25 per c

Polyplastics Introduces New Duranex (R) PBT Grade With Improved Hydrolysis Resistance And Heat Shock Performance

 TOKYO, Sept. 15, 2020 /Kyodo JBN, AsiaNet/ --

The Polyplastics Group has launched a new grade of DURANEX(R) polybutylene terephthalate (PBT) resin which delivers significant improvements in hydrolysis resistance and heat shock resistance for a range of applications. DURANEX(R) 201HR is a new offering which ensures long-term reliability of parts and expands the penetration of DURANEX(R) PBT in the automotive markets.

(Image:

https://kyodonewsprwire.jp/prwfile/release/M100475/202009074010/_prw_PI1fl_8afPigC9.jpg)

 DURANEX(R) 201HR is an unfilled material that drastically improves hydrolysis resistance, which is an issue in the molecular structure of resins, while also maintaining the excellent mechanical and molding properties of conventional PBT resins. Ideal for use in high-humidity environments, DURANEX(R) 201HR can extend the usage life of a broad range of products. It is particularly well-suited for automotive connectors in harsh operating environments.

DURANEX(R) 201HR complements Polyplastics' DURANEX(R) LT Series which also significantly improves heat shock resistance by enhancing toughness of resin as well as relaxing strain due to heat shock cycle testing. Its performance even surpasses that of polyphenylene sulfide (PPS) resin, known to be one of the top resins in terms of heat shock resistance.

The DURANEX(R) LT Series facilitates insert molding and also has highly superior hydrolysis resistance, unlocking the potential for high performance and longer usage life in a range of products. These grades can also be used in a wide range of parts for which conventional PBT resin was not an option. The DURANEX(R) LT Series of materials is well-suited for use in parts for power modules, DC/DC converters, motor insulators, and EPS systems, which are subjected to harsh usage environments.

DURANEX(R) LT530HR is a 30% glass-filled resin while LT530FR is a 30% glass-filled grade which provides flame retardance.

Please visit:

https://www.polyplastics.com/en/product/lines/pbt_long-term/index.html

About Polyplastics
Polyplastics Co., Ltd. is a global leader in the development and production of engineering thermoplastics. Its product portfolio includes POM, PBT, PPS, LCP, GF-PET and COC. The company has the largest global market share of POM and LCP. With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources capable of creating advanced solutions for an ever-changing global marketplace.

 
DURANEX(R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.

 

 Source: Polyplastics Co., Ltd.

STEVIE® AWARDS ANNOUNCE WINNERS IN 17TH ANNUAL INTERNATIONAL BUSINESS AWARDS® FROM ACROSS THE GLOBE

Businesses Honored for Achievements Amidst COVID-19

FAIRFAX, Va., Sept 11 (Bernama-GLOBE NEWSWIRE) -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 17th Annual International Business Awards®, the world's only international, all-encompassing business awards program.



STEVIE® AWARDS ANNOUNCE WINNERS IN 17TH ANNUAL INTERNATIONAL BUSINESS AWARDS® FROM ACROSS THE GLOBE

International coal, high-end energy chemical expo fires up Yulin, China

 KUALA LUMPUR, Sept 11 -- The 15th Yulin International Coal and High-end Energy Chemical Industry Expo was recently held in Yulin, a pivotal energy city in Shaanxi Province, China.

Drawing over 400 exhibitors, the three-day expo beginning Sept 8, focused on environmental friendliness, intelligence, integration and sharing.

The exhibition was jointly organised by the CPC Yulin Municipal Committee, the People's Government of Yulin City and the China Council for the Promotion of International Trade Shaanxi Sub-council.

Representing well-known industry players from China and abroad, the expo covered many cutting-edge concepts such as smart digitalisation, smart manufacturing, transformation and upgrading, as well as clean and efficient use of energy.

According to a statement, the event also included 12 fora and sessions on topics including development of the high-end energy and chemical sector and intelligent innovation of coal mines and smart energy.

A total of 98 projects were signed off, attracting CNY 89.38 billion in investment and generating sales of more than CNY 5 billion. Additionally, transactions for a range of large-scale mining machinery and intelligent manufacturing equipment amounted to CNY 670 million. (CNY 100 = RM60.761)

It is estimated that by 2025-end, the proportion of high-end products in the Yulin chemical industry would have reached 25 per cent and the refinement rate would exceed 40 per cent.

-- BERNAMA

FASTLY OFFERS FIRST PARTNER EDGE CLOUD-BASED CONTENT DELIVERY SOLUTION ON GOOGLE CLOUD MARKETPLACE

 Building upon its long-standing partnership, Fastly joins the Google Cloud Marketplace as its first partner Edge Cloud-Based CDN Solution


SAN FRANCISCO, Sept 11 (Bernama-BUSINESS WIRE) -- Fastly, Inc. (NYSE: FSLY), a global edge cloud platform, today announced its availability as a private listing on Google Cloud Marketplace. Under a single billing arrangement and using Google Cloud committed spend, Google Cloud customers can now purchase Fastly – the first partner edge cloud-based content delivery solution to be offered within the Google Cloud Marketplace – as a part of their modern tech stack. The addition of Fastly to the Google Cloud Marketplace gives developers a modern, flexible platform on which to build fast, innovative, secure and highly personalized digital experiences.

With expectations for superior digital experiences at an all-time high, the need for scale, security, and performance is important for accelerating digital transformation. Companies are increasingly looking for integrated, cloud-based solutions to support their evolution. Fastly’s powerful edge cloud platform gives developers the tools they need to innovate and evolve their websites and applications, so businesses can effectively compete in today’s markets. When combined with the power of Google Cloud’s infrastructure, developers are enabled to deliver these applications and sites as close to end users as possible and far from sensitive corporate assets and resources, creating unforgettable, secure experiences at global scale.

“We’re excited to build upon our six year partnership with Google Cloud to continue empowering developers to build, test, and deploy applications in a scalable, reliable cloud environment,” said Emily Friedberg, Group Vice President of Channel Partnerships and Overlay Sales at Fastly. “Fastly’s addition to the Google Cloud Marketplace allows customers to combine the power of Google Cloud Marketplace with the speed, security and flexibility of Fastly for more impactful results.”

Fastly’s partnership with Google Cloud began in 2014 with the announcement of Fastly’s Cloud Accelerator, and over time, Fastly achieved Premier partner status — the highest partnership level available within Google Cloud. In the past six years, the two companies together announced direct network interconnects in over 25 locations, offered discounted egress to Google Cloud customers, and enabled companies like NYTimes and Flywheel to reduce costs, improve response times, and process more requests than ever before at the edge.

“Making Fastly available on Google Cloud Marketplace means that customers can quickly purchase Fastly’s solution from Google Cloud and get a unified billing experience,” said Manvinder Singh, Director, Partnerships at Google Cloud. “We look forward to a continued partnership with Fastly as organizations increasingly look to Google Cloud to develop and deploy edge-user experiences.”

For more information on Fastly’s Google Cloud Marketplace listing, visit: https://console.cloud.google.com/marketplace/details/fastly-mp-public/fastly-for-gcp-marketplace.

About Fastly

Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the Internet. The platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development. Fastly’s customers include many of the world’s most prominent companies, including Vimeo, Pinterest, The New York Times, and GitHub.

Source: Fastly Inc.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20200910005253/en/

Contact

Media Contact
Elaine Greenberg
press@fastly.com

Investor Contact
Maria Lukens
ir@fastly.com

Source : Fastly Inc.