Friday 30 June 2017

AGF MANAGEMENT LIMITED REPORTS STRONG SECOND QUARTER 2017 FINANCIAL RESULTS

AGF MANAGEMENT LIMITED REPORTS STRONG SECOND QUARTER 2017 FINANCIAL RESULTS

​ADVANCED ENERGY CELEBRATES GRAND OPENING OF TOKYO, JAPAN, SERVICE CENTER

​ADVANCED ENERGY CELEBRATES GRAND OPENING OF TOKYO, JAPAN, SERVICE CENTER

NASDAQ'S DIRECTORS DESK® AND BOARDVANTAGE® TO INTRODUCE BOARD ASSESSMENTS AND COMPLIANCE QUESTIONNAIRES

NASDAQ'S DIRECTORS DESK® AND BOARDVANTAGE® TO INTRODUCE BOARD ASSESSMENTS AND COMPLIANCE QUESTIONNAIRES

SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES OPERATIONS UPDATE

SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES OPERATIONS UPDATE

JICA-EPU SEMINAR "60 YEARS & BEYOND: THE WAY FORWARD"

KUALA LUMPUR, June 28 (Bernama) -- Japan International Cooperation Agency (JICA) Malaysia Office, jointly with Economic Planning Unit of Malaysia, organized a seminar “60 Years & Beyond: The Way Forward” on 18 May, 2017 in Putrajaya.

Year 2016 was the 60th year since the first technical trainees visited Japan from Malaysia in 1956, and Year 2017 is the 60th anniversary of diplomatic relationship between Malaysia and Japan. As a commemoration of those anniversaries, the Seminar intended to look back how Japanese Official Development Assistance (ODA) has been walking along the way to social and economic development of Malaysia and to explore the ways to widen the scope of future cooperation of the two countries.

At the seminar, Dato Yogeswaran of EPU and Mr. Orikasa of the Embassy of Japan both acknowledged the success of Japanese assistance and complimented JICA’s role in the development process.
 
A keynote speech and a video provided the background and characteristics of Japanese ODA and explained the basis for the success of the cooperation. Guided by Dr. Leon from Sunway University, a panel of 6 speakers then explored various themes of the development cooperation that ranged from industrialization, infrastructure development, waste management to human resource development, private sector and the importance in trade and investment and finally the future of the cooperation, which will likely to take the form of partnership, the next step beyond development cooperation and assistance.
 
Many top management participated in the seminar including those from Centre for Instructor and Advanced Skill Training (CIAST) and Malaysia Productivity Corporation (MPC), both of them have long cooperation history, as well as implementing agencies of on-going projects such as Malaysian Maritime Enforcement Agency (MMEA) and Malaysia-Japan International Institute of Technology (MJIIT). The fact that more than 60 of Ministries/Departments and universities participated in the seminar shows that many Malaysian related recognized the contribution of Japan to social and economic development of Malaysia and people-to-people exchange between Malaysia and Japan through training programmes under the Look East Policy built the foundation of this success. 

POLYPLASTICS' SUPER-HIGH FLOW PBT

POLYPLASTICS' SUPER-HIGH FLOW PBT

Thursday 29 June 2017

MALAYSIA'S ANGKASA SELECTS UNISYS SOFTWARE TO ENHANCE CLIENT EXPERIENCE AND OPEN NEW CHANNELS FOR SERVICE DELIVERY

MALAYSIA'S ANGKASA SELECTS UNISYS SOFTWARE TO ENHANCE CLIENT EXPERIENCE AND OPEN NEW CHANNELS FOR SERVICE DELIVERY

A PEOPLE-ORIENTED OFFICE BUILDING - PEARL RIVER TOWER: THE FUTURE SKYSCRAPER'S COMING

GUANGZHOU, China, June 28 (Bernama-AsiaNet) -- Summer is just around the corner, and there come thunderstorms and hot weather in Southern China. Feeling hot, humid and uncomfortable, people easily get less productive. The white-collar workers at the Pearl River Tower, a Premium Grade A office building at the core area of Guangzhou CBD, however, have no such troubles.

"The most advanced and humane part about this office building is that the air and temperature here are intelligently processed and automatically set. You can enjoy comfortable temperature and humidity all year round regardless of the humid weather or haze outside," said Jiang Junsheng, general manager of Guangdong Golden Gecko Asset Management Co., Ltd. at the 17th floor of the Pearl River Tower. "Besides, with natural lighting and fresh air, I always feel like being in the bright and open field when I come back to the office."
http://mrem.bernama.com/viewsm.php?idm=29455

​DEMAND FOR COSMETIC SURGERY PROCEDURES AROUND THE WORLD CONTINUES TO SKYROCKET - USA, BRAZIL, JAPAN, ITALY AND MEXICO RANKED IN THE TOP FIVE COUNTRIES

​DEMAND FOR COSMETIC SURGERY PROCEDURES AROUND THE WORLD CONTINUES TO SKYROCKET - USA, BRAZIL, JAPAN, ITALY AND MEXICO RANKED IN THE TOP FIVE COUNTRIES

ALIBABA INCREASES STAKE IN E-COMMERCE PLATFORM LAZADA

ALIBABA INCREASES STAKE IN E-COMMERCE PLATFORM LAZADA

TOSHIBA MEMORY CORPORATION DEVELOPS WORLD'S FIRST QLC 3D FLASH MEMORY

TOSHIBA MEMORY CORPORATION DEVELOPS WORLD'S FIRST QLC 3D FLASH MEMORY

ROBOTS TO ENHANCE, NOT REPLACE HUMANS IN MOST JOBS: ARM SURVEY

ROBOTS TO ENHANCE, NOT REPLACE HUMANS IN MOST JOBS: ARM SURVEY

SAVE THE CHILDREN RENEWS CONTRACT WITH SPEEDCAST FOR CONNECTIVITY ACROSS 40 SITES IN AFRICA

SAVE THE CHILDREN RENEWS CONTRACT WITH SPEEDCAST FOR CONNECTIVITY ACROSS 40 SITES IN AFRICA

DOLE FOOD COMPANY, INC. ANNOUNCES THE COMMENCEMENT OF A CONSENT SOLICITATION FOR ITS 7.25% SENIOR SECURED NOTES DUE 2025

DOLE FOOD COMPANY, INC. ANNOUNCES THE COMMENCEMENT OF A CONSENT SOLICITATION FOR ITS 7.25% SENIOR SECURED NOTES DUE 2025

Wednesday 28 June 2017

EUROLOAN SETS NEW CROWDFUNDING RECORD FOR FINTECH COMPANIES IN FINLAND

The share issue of Euroloan Group PLC on Privanet Group PLC's crowdfunding platform Around was oversubscribed a week early, setting a new FinTech crowdfunding record with a total of EUR 5.6 million. The focus is now on growing the business, says Euroloan Group CEO Hickson.

HELSINKI, Finland, June 28 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC issued new shares on Privanet Group PLC’s crowdfunding platform Around. The statutory maximum limit of EUR 4.995 million for the issue was reached on Thursday, June 8, eight days early. The subscription was at termination at 5,599,031 EUR, i.e. 377% of the minimum target of EUR 1.5 million and 112% of the statutory maximum.

http://mrem.bernama.com/viewsm.php?idm=29465

SAISON INFORMATION SYSTEMS : SCSK ASIA PACIFIC BECOMES CERTIFIED HULFT PARTNER

Strengthening the sales, implementation, and technical support for HULFT's IT integration offerings in the ASEAN region

TOKYO, June 28 (Bernama-BUSINESS WIRE) -- SCSK Asia Pacific becomes Certified HULFT Partner, strengthening the sales, implementation, and technical support for HULFT's IT integration offerings in the ASEAN region.

http://mrem.bernama.com/viewsm.php?idm=29464

INFORMA'S ANNUAL CLINICAL AND RESEARCH EXCELLENCE AWARDS RETURN FOR THIRD YEAR

BOSTON, June 28 (Bernama-GLOBE NEWSWIRE) -- Informa’s Pharma Intelligence has today announced that the third annual Clinical and Research Excellence (CARE) Awards are now open for nominations.

Pharma Intelligence – the world’s leading provider of clinical and research intelligence and analysis, and home of leading brands such as Scrip, Pink Sheet and Biomedtracker – will host the awards which recognize and celebrate outstanding achievements and stand-out performers in the global R&D space.

http://mrem.bernama.com/viewsm.php?idm=29460

NASDAQ CLOSING CROSS CALCULATES RUSSELL US INDEXES RECONSTITUTION FOR THE 14TH CONSECUTIVE YEAR

A new record $28.9 billion traded at the closing cross in a Russell reconstitution

NEW YORK, June 28 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross was used for the 14th consecutive year to rebalance Nasdaq-listed securities in the entire family of  Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution. More than 972 million shares representing a record $28.9 billion were executed in the Nasdaq Closing Cross in 0.861 seconds across some 2,499 Nasdaq-listed stocks. The previous record for dollars traded at the closing cross in a Russell reconstitution was $21.1 billion in 2015.

http://mrem.bernama.com/viewsm.php?idm=29458

A.M. BEST ASSIGNS CREDIT RATINGS TO PT ASURANSI TOKIO MARINE INDONESIA

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to PT Asuransi Tokio Marine Indonesia (TMI) (Indonesia). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect TMI’s strong risk-adjusted capitalization and good underwriting performance. The ratings also recognize the implicit and explicit support provided by the company’s ultimate parent, Tokio Marine Holdings, Inc., of which the main operating entity is Tokio Marine & Nichido Fire Insurance Co., Ltd.

http://mrem.bernama.com/viewsm.php?idm=29454

AYDA CELEBRATES 10 YEARS OF NURTURING DESIGN EXCELLENCE IN ASIA

KUALA LUMPUR, June 28 (Bernama) --  Malaysia’s leading total coating solutions provider, Nippon Paint Malaysia Group (“Nippon Paint”), celebrated the 10th edition of its premier annual design competition, the Asia Young Designer Award (AYDA), which has impacted more than 10,000 young and talented student designers across 15 countries in Asia namely Malaysia, Singapore, the Philippines, Bangladesh, Thailand, Pakistan, Indonesia, Papua New Guinea, Vietnam, China, Japan, Hong Kong, Taiwan, India and Sri Lanka.

“In the past 10 years, it has always been our pride and joy at Nippon Paint to witness young and talented designers rise-up to the challenge in creating meaningful and innovative designs that are both humanistic and cutting-edge in nature. Through AYDA, we believe with every year that we are able to nurture the new generation as they are the key foundation in establishing a design community guided by creativity and innovation,” said Ms Gladys Goh, Group General Manager of Nippon Paint Malaysia Group.

Since 2008, AYDA has evolved from being a competition for young talents to showcase their design ideas into one that offers an avenue for them to engage with renowned industry speakers, gain first hand exposure to personalised coaching, mentoring and skill-building workshops by experienced key figures in the design industry as well as learn from their fellow peers from across borders.

The AYDA 2017 theme - You for Tomorrow: Future Living as Envisioned Today is tailored to challenge the foresight and technical abilities of young designers today to anticipate the needs of tomorrow and with those insights, pen down designs that serves the citizens of tomorrow.

To provide design students the opportunity to sharpen their skills and knowledge through interactive sharing sessions, the AYDA XChange 2017 showcased two reputable industry captains, namely, Ar Tang Hsiao Seak, Director of Garis Architects and Co-Founder of Gade Design Workshop, Mr. Martin Haeger, Director of HL Design Group.

To date, over 4,500 architecture and interior design students have participated in this prestigious competition from a mere 87 entries since its introduction in 2008 and is expected to garner even more entries in 2017.

AYDA 2017 is open to Architecture students and Interior Design students. Final date of entry is 3 October 2017, with further competition details available on www.asiayoungdesigneraward.com

Source :  Perspective Strategies

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Sam Jo Lene, Ms 
Tel : 03 - 7491 3138 / 016 – 4833 801
Fax : 03 - 7733 3138
Email : jolene.sam@perspective.com.my  

--BERNAMA

A.M. BEST AFFIRMS CREDIT RATINGS OF THAIRE LIFE ASSURANCE PUBLIC COMPANY LIMITED

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Thaire Life Assurance Public Company Limited (Thaire Life) (Thailand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Thaire Life’s strong risk-adjusted capitalization and favorable operating performance.

http://mrem.bernama.com/viewsm.php?idm=29451

LEADING PATIENT NGO RELEASES CLINICAL ALERT FOR UNSAFE T2* TECHNIQUE OF ASSESSING IRON OVERLOAD

BEIJING, June 26/Medianet International-AsiaNet/--

The Thalassaemia International Federation (TIF), a leading patient organisation in the field of iron overload, has issued a Media Release and Clinical Alert to warn of the dangers of an unsafe magnetic resonance imaging T2* technique that is used widely for the assessment of iron overload. TIF emphasise the critical need to use validated techniques, specifically referencing Resonance Health whose regulatory cleared FerriScan(R) R2-MRI is the globally recognised gold standard for the assessment of iron overload.

The Media Release and Clinical Alert warns "The Thalassaemia International Federation (TIF) is now urging all hospitals and centres using non-regulated or non-calibrated MRI methods to measure LIC, to review their techniques and re-call patients, at least those whose clinical status mandates the need for accurate measurement of liver iron content, to proceed to the measurement by a validated method."

http://mrem.bernama.com/viewsm.php?idm=29448

A.M. BEST AFFIRMS CREDIT RATINGS OF UNION MEDICAL BENEFITS SOCIETY LIMITED

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Union Medical Benefits Society Limited (UniMed) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect UniMed’s strong risk-adjusted capitalization and favorable operating performance over the past five years. UniMed’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is due to its low underwriting leverage, high capital quality and favorable liquidity position. In addition, the company has a good performance track record, with an average operating ratio of approximately 89% over the past five years. It has a competitive expense ratio of 11% due to its distribution model, which relies more on the direct channel with lower acquisition expenses than on intermediaries, as well as lower administrative costs for group business.

http://mrem.bernama.com/viewsm.php?idm=29453

Saturday 24 June 2017

TRITON DIGITAL LAUNCHES AUDIO CENTRIC SUPPLY-SIDE PLATFORM TO SIMPLIFY THE MANAGEMENT OF PROGRAMMATIC AUDIO ADVERTISING INVENTORY

Yield-Op, Triton’s New SSP, Delivers Increased Control and Higher Yield for Global Audio Publishers such as CBS RADIO, PRISA Radio and Talpa Radio

LOS ANGELES, June 23 (Bernama-BUSINESS WIRE) -- Triton Digital®, a leading technology provider for the global digital audio industry, today announced the launch of Yield-Op, the first Supply Side Platform (SSP) built from the ground up specifically for online audio. Developed in accordance with the IAB’s OpenRTB protocol, Yield-Op provides a seamless plug-and-play integration delivering greater inventory control for publishers and a frictionless buying experience for advertisers.

http://mrem.bernama.com/viewsm.php?idm=29442

KEIO PLAZA HOTEL TOKYO HOSTS "PRINCESS MERMAID SWEETS BUFFET" COMMEMORATING THE FAIRY TALE WRITTEN BY HANS CHRISTIAN ANDERSEN

TOKYO, June 23 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, will host the “Princess Mermaid Sweets Buffet” to commemorate the fairy tale “The Little Mermaid” written by the Danish author Hans Christian Andersen. This buffet will offer specially prepared desserts patterned after various sea creatures reminiscent of characters from The Little Mermaid fairy tale, and be held at the All Day Dining restaurant “Jurin” on the second floor of our Hotel from July 1 to September 30, 2017.

http://mrem.bernama.com/viewsm.php?idm=29432

Thursday 22 June 2017

IMPINJ INTRODUCES SPEEDWAY® R120 RAIN RFID READER

Speedway portfolio delivers industry-leading performance and enterprise-grade reliability for retail, healthcare, logistics, and manufacturing industries

SEATTLE, June 22 (Bernama-GLOBE NEWSWIRE) -- Impinj (PI), a leading provider of RAIN RFID solutions, today introduced the Impinj Speedway R120 one-port, enterprise-grade fixed reader that connects RAIN RFID-enabled items to the Internet. The Speedway reader portfolio now includes three models to support one, two, or four antennas with expansion up to 32 antennas. Speedway readers deliver industry-leading performance with proven enterprise-grade reliability, and enable users to right-size their reader selection for applications in retail, healthcare, logistics, and manufacturing.

http://mrem.bernama.com/viewsm.php?idm=29419

A.M. BEST AFFIRMS CREDIT RATINGS OF THE PEOPLE'S INSURANCE COMPANY OF CHINA (HONG KONG), LIMITED

HONG KONG, June 22 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long -Term Issuer Credit Rating of “a-” of The People’s Insurance Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect PICC HK’s solid risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which improved in 2016 as the company de-risked its investment portfolio by focusing on investment-grade bonds and blue chip stocks. The ratings also recognize the implicit and explicit support that PICC HK receives from its parent, The People’s Insurance Company (Group) of China Limited (PICC Group), in terms of business and capital support. PICC Group owns 75% of PICC HK, while Asia Insurance (Investment), Ltd. owns the other 25%.

http://mrem.bernama.com/viewsm.php?idm=29420

BEARINGPOINT LAUNCHES NEW GENERATION OF THE RECOGNIZED ABACUS PLATFORM

BEARINGPOINT LAUNCHES NEW GENERATION OF THE RECOGNIZED ABACUS PLATFORM

ALL AUSTRALIAN AUTOMOTIVE MANUFACTURING PLANTS SHUTTING DOWN

ALL AUSTRALIAN AUTOMOTIVE MANUFACTURING PLANTS SHUTTING DOWN

CRACK THE HACKERS - EIGHT BUSINESS TIPS

KUALA LUMPUR, June 22 (Bernama) -- Recent cyber-attacks on companies all over the world have rung alarm bells over how firms protect their business from being targeted by criminals. A new report tells business leaders how to crack the hackers on scams such as executive impersonation, where fraudsters dupe unwitting staff into transferring money from company accounts.
 
In the three years to 2016, almost 16,000 organisations across the globe had their IT systems breached – or 17 cases of business e-mail compromise every day, according to the US-based Internet Crime Complaint Center.
 
Eight steps, ranging from better use of technology in preventing malpractice, to encouraging whistleblowers, are included in the report, Keeping Business Clean, produced by the International Association of Certified Professional Accountants. In addition to fighting cyber security, the advice also covers how to counter theft of machinery, false invoicing and concealing activities such as forced or child labour.
 
Tanya Barman, Associate Director of Ethics, said:
 
“The three main types of fraud and corruption affecting firms are theft or misuse of a company’s assets; falsification of documents for financial gain; and bribery and improper use of confidential information. Professional accountants are trained to analyse financial and non-financial information, putting them in a good position to challenge any suspicious activity in their company. As well as the financial damage from a fraudulent act, corruption costs both the business affected by the initial crime and the supply chain, too.”

Eight ways to fight the fraudsters:

· Leadership – Businesses are encouraged to establish an anti-fraud policy and engage the board in talking to staff, customers and suppliers.

· Identify key risks – Check how fraud might happen in your company, such as through written-off stock or budget over-runs.

· Promote anti-fraud culture – Speak from the top. Executives should let staff know they have a strong process for weeding out scams. Employee reward   schemes can also reduce attempted deception in companies.

· Develop anti-fraud controls – Put extra checks on admin procedures, such as a second signature, or avoid giving authority for a job over the phone.

· Encourage whistleblowing – Retain the employee-manager route for addressing initial concerns, but give staff access to free confidential advice, and discretion when raising concerns.

· Develop a response plan – Plan for fraud before it happens. The fraud itself might be outside your control, but how you respond is within your ability, from reporting lines to a PR strategy.

· Harness technology to fight fraud – the better the technology at your disposal, the easier it may be to spot fraudulent behaviour before it’s too late.

· Develop or improve internal controls – Ensure invoices are linked to purchase orders, and remove as much as paperwork as possible, in favour of electronic systems.   

Keeping Business Clean can be downloaded at cgma.org

The Association of International Certified Professional Accountants is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues.

Source : Chartered Institute of Management Accountants (CIMA)

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Siew Lian
CIMA

Tel : 012 5023985
Email : chan@aicpa-cima.com

--BERNAMA

Wednesday 21 June 2017

SUCDEN FINANCIAL GOES LIVE WITH SMARTTRADE TECHNOLOGIES' FX PLATFORM

SUCDEN FINANCIAL GOES LIVE WITH SMARTTRADE TECHNOLOGIES' FX PLATFORM

All PPZ-MAIWP Counters Open Till 1PM On June 24

KUALA LUMPUR, June 22 (Bernama) -- Eleven Federal Territories Islamic Religious Council Zakat Collection Centre (PPZ-MAIWP) counters will be operating until 1pm on June 24 (Saturday).

PPZ-MAIWP Chief Executive Officer's Office assistant general manager Nor Mukshar Harun in a statement today said the counters had been opened daily throughout Ramadan this year, including on public holidays, to facilitate zakat payment.

"We urge those who have not fulfilled their zakat obligation to do so at any of the PPZ-MAIWP counters," he said.

He said the public could also pay their zakat online via the PPZ-MAIWP portal at www.zakat.com.my.

More information can be obtained by contacting Zakat Hotline at 1-300-88-5757, or visit PPZ-MAIWP Facebook at www.facebook/myzakat or visit PPZ-MAIWP portal.

-- BERNAMA

NEARLY 9 IN 10 COMPANIES PLAN TO HIRE MBA GRADUATES IN 2017

NEARLY 9 IN 10 COMPANIES PLAN TO HIRE MBA GRADUATES IN 2017

​MORGAN STANLEY IS NO. 1 ON INSTITUTIONAL INVESTOR'S ALL-ASIA RESEARCH TEAM RANKING OF THE REGION'S BEST SELL-SIDE ANALYSTS

​MORGAN STANLEY IS NO. 1 ON INSTITUTIONAL INVESTOR'S ALL-ASIA RESEARCH TEAM RANKING OF THE REGION'S BEST SELL-SIDE ANALYSTS

​INFORMA PHARMA INTELLIGENCE AND GOBALTO PARTNER TO ENRICH CLINICAL TRIAL DATA FOR CLIENTS

​INFORMA PHARMA INTELLIGENCE AND GOBALTO PARTNER TO ENRICH CLINICAL TRIAL DATA FOR CLIENTS

MyCC Grants Conditional Block Exemption For Liner Shipping Agreements

KUALA LUMPUR, June 21 (Bernama) -- The Malaysia Competition Commission (MyCC) has decided to grant a block exemption for liner shipping agreements for vessel-sharing agreements (VSAs) and voluntary discussion agreements (VDAs) within Malaysia or effecting on liner shipping services in Malaysia.

In a statement today, MyCC said, the exemption was subjected to no condition of price fixing, price recommendation or tariff imposition by any person on transport users.

MyCC said the Block Exemption Order (BEO) shall commence on July 7, 2017 for a period of two years or until it cancelled it.

The decision was made upon consideration and feedback from public, industry stakeholders and relevant government ministries over the past 30 days from 11 May.

In 2014, MyCC granted a three-year block exemption for liner shipping agreements due to expire on July 6, 2017. The renewal application for the VSA and VDA block exemption for liner shipping services was submitted by the Malaysia Shipowners Association and the Shipping Association of Malaysia on March 6, 2017, it said.

The MyCC, under subsection 8(1) of the Competition Act 2010 (the Act), may grant a block exemption provided all conditions under section 5 of the Act were satisfied cumulatively, namely significant identifiable efficiency benefits arising from the liner shipping agreements and could not be provided reasonably by the parties to the agreement without having the effect of preventing, restricting or distorting competition.

Others include the detrimental effect of the agreements on competition proportionate to the benefits provided and does not allow liner operators to eliminate competition completely to a substantial part of the liner shipping services.

It said the BEO, however, would not exempt or provide immunity to any abuse of dominant position under Section 10 of the Act.

"Therefore, parties to a liner shipping agreement can still be found liable for an infringement if found to abuse their dominant positions in the liner shipping marke," it said.

MyCC said the BEO did not cover inland carriage and warehousing of goods.

"In addition, the BEO allowed liner shipping operators to offer, on the basis of individual confidential contracting, their own service arrangements, upon certain conditions," it added.

-- BERNAMA

SPEND OR DEPOSIT TO WIN EXCITING PRIZES WITH AMBANK'S TRANSFORMERS: THE LAST KNIGHT CAMPAIGN

KUALA LUMPUR, June 21 (Bernama) -- AmBank (M) Berhad introduced its movie tie-up campaign in conjunction with the release of the fifth sequel of Transformers: The Last Knight which covers AmBank’s credit card, debit card and deposit products.

The three and half month long contest-based campaign provides an opportunity for its valued customers to stand a chance to be rewarded with a Mercedes-AMG A45 as the Grand Prize, or a five-day and four-night trip to Los Angeles or Osaka for the First and Second prize winners respectively. There are also Weekly prizes of RM100 as well as Daily prizes of a pair of movie tickets.

Every spend of RM50 in a single receipt via debit or credit card entitles customers to 10 entries, while every new approved card and every incremental deposit of RM2,000 in Current/Savings account or Fixed deposit account earns them 50 entries. Customers simply need to register their interest to participate via a one-time SMS.

The winners will be selected based on an automated randomisation system where shortlisted customers who successfully answer simple questions will be accorded with the prizes.

The campaign runs from 15 May till 31 August, whereby the customers will have to register within the campaign period by typing AMTF12-digit NRIC number and send to 66300 to participate.

“The launch of this campaign along with the exciting rewards and prizes is to demonstrate our appreciation to our valued customers for their continued support and contribution towards AmBank’s products,” said Jade Lee, Managing Director, AmBank (M) Berhad.

“The support from our valued customers, shall serve as a driving force for us to keep the momentum going in providing the best financial solutions and services for them,” added Jade.

For further details on this campaign, please visit https://www.ambank.com.my/eng/promotions-page/TransformersCampaign as well as our various social media platforms.

About AmBank Group

AmBank Group is one of Malaysia’s premier financial solutions groups with over 40 years of legacy in understanding Malaysian customers and provides a wide range of both conventional and Islamic financial solutions and services, including retail banking, wholesale banking, as well as the underwriting of general insurance, life assurance and family takaful.

The Group receives strong support from the Australia and New Zealand Banking Group (“ANZ”) (one of Australia’s leading banks) particularly in Board and senior management representations, risk and financial governance, products offering and new business development. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (“IAG”). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc. (“MetLife”). The Group continues to benefit in terms of expertise transfer from IAG and MetLife.

AMMB Holdings Berhad is the holding company of AmBank Group and is a public listed company on the Main Market of Bursa Malaysia.

For more information, please visit www.ambankgroup.com

Source : AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Syed Anuar Syed Ali
Head, Group Corporate Communications and Marketing
Tel : 03-2036 1703
Email : sasa@ambankgroup.com

--BERNAMA

​NASDAQ'S BWISE AND KPMG ALIGN TO PROVIDE COMPREHENSIVE GRC SOLUTIONS

NEW YORK, June 21 (Bernama-GLOBE NEWSWIRE) -- Nasdaq’s BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), and KPMG LLP, the U.S. audit, tax and advisory firm, today announced a strategic alliance to help clients improve how they address risk and compliance challenges more effectively across their enterprise.
 
Together, they will provide clients comprehensive GRC solutions that combine a leading framework focused on strategy, process convergence and organizational change management with a leading GRC technology platform.
 
“Increasingly, clients are facing unexpected risks from business, regulatory and political changes that take their focus away from growth, innovation and customer experience,” said Jonathan Deeks, head of Nasdaq BWise. “By aligning with KPMG, we can help business leaders strengthen how they manage risks across the organization.”

http://mrem.bernama.com/viewsm.php?idm=29405

Tuesday 20 June 2017

INFORMA PHARMA INTELLIGENCE RELEASES CITELINE'S NEXT GENERATIONS OF SITETROVE, TRIALTROVE AND NEW API SOLUTIONS




The industry’s most comprehensive clinical trial data and analysis, now delivered to better fit customers’ individual needs and workflows

Summary: Informa Pharma Intelligence announces three major releases for its clinical R&D Intelligence suite. The same leading global intelligence trusted by thousands worldwide for over 35 years is now backed by even more powerful, cutting edge technology. These new solutions will allow users to go deeper with clinical trial research than ever before, and will offer new options to help users better integrate Citeline’s leading content with their own data.

LONDON, June 20 (Bernama-GLOBE NEWSWIRE) -- Informa Pharma Intelligence, the leading provider of drug, device, company, clinical trial, and market intelligence in the competitive pharma and medtech markets announces today the launch of its next generation of Citeline’s Sitetrove and Trialtrove solutions, as well as new application programming interfaces (APIs) for Trials and Drugs. The new solutions are designed to deliver unparalleled access to Citeline’s robust clinical trial intelligence with greater ease, speed and efficiency than ever before.

“Our next generation of clinical R&D Intelligence solutions are truly market driven,” said Linda Blackerby, President of Informa Pharma Intelligence. “We have partnered with hundreds of customers to understand their data needs and workflows, and have developed our new Citeline platform and APIs based directly on their feedback.”

The new Trialtrove and Sitetrove provides users with the ability to go even deeper with search criteria to make better and more well-informed critical decisions, gain competitive advantage, save costs on and optimize ROI for their clinical trials. The new APIs will also come with Informa’s acclaimed Ask-the-Analyst service, connecting users with therapeutic expert analysts whose average response time to queries is 24 hours or less.

Informa’s new Trials and Drugs APIs will enable users to search or stream information directly from Citeline’s R&D Intelligence databases into their own systems and embed Informa’s quality datasets directly into their own organization’s data and workflows, minimizing duplicated effort and time spent acquiring and manipulating data.

PUTRA BUSINESS SCHOOL LAUNCHES TWO SPECIALIZED THESIS-BASED POST GRADUATE PROGRAMS

SERDANG, June 20 (Bernama) -- Putra Business School (PBS) launched one-of-a-kind specialized Master of Science (MSc) and Doctor of Philosophy (PhD) programs. These two programs are designed for individuals who aspire to become researchers in seven specialized areas like Management, Accounting, Finance, Human Potential, Marketing, Hospitality and Governance. Applications are now open and PBS will welcome its first cohort of students in September 2017. The closing date for the September 2017 intake will be on 18 August 2017 for local applicants and 30 June 2017 for international applicants.

These new thesis-based post-graduate programs offered by PBS will help in providing educators, business researchers and professional contributors to the society with the latest knowledge, skills, and tools. These programs are part of a wave of new specialized and professional programs recently launched by PBS that are designed to prepare a new generation of human leaders with the preferred human qualities and attributes as well as the skills to address the increasingly complex challenges facing the industry.
http://mrem.bernama.com/viewsm.php?idm=29402

PAAB Donates RM65,000 To Orphanages, Mosques And Surau

KUALA LUMPUR, June 20 (Bernama) -- Pengurusan Aset Air Berhad (PAAB) has donated RM65,000 to orphanages, mosques and selected surau during Ramadan.

PAAB chairman Tan Sri Tajol Rosli Ghazali said the donation was aimed to enliven the holy month of Ramadan with various religious and charitable programmes to those in need.

"Among the recipients is Pusat Jagaan Budaya Harapan in Rawang, Selangor which has 31 orphans. PAAB delivered Aidilfitri kits such as clothes and shoes to them.

"Besides that, PAAB has donated to 11 mosques and surau in Hulu Langat, Cheras and Ampang to help their committee members to organise religous activities in their respective areas," he told reporters after delivering bubur lambuk to residents Taman Kosas a the local mosque today.





-- BERNAMA

NASR LAUNCHES EMERGENCY NUMBER FOR IMMEDIATE SEARCH AND RESCUE ASSISTANCE



JAKARTA, Indonesia, June 20 (Bernama) -- The Indonesian National Agency of Search and Relief (NASR, formerly BASARNAS) announced today that its emergency number, 115, is already operational for immediate search and rescue assistance in 24/7. This emergency assistance is open both for the Indonesian citizens and foreigners in Indonesia.

"This is one of our efforts to help the society access the search and rescue aid round the clock and throughout Indonesia," said Chief of NASR, Marshal Muhammad Syaugi, S.Sos, MM.

Indonesia is undeniably the largest archipelagic country in the world, consisting approximately 17.000 islands. Stretched from Sabang to Merauke, the country is hugely wealth in natural resources. No wonder that so many literature works describe Indonesia as Emerald of the Equator, referring to its rich, lush and colorful tropical rainforest - just like emeralds - and its strategic position right along the equator.

As one of the most emerging country in Asia, Indonesia widely opens its doors for the international partnerships and visits. Tens of millions international tourist come to this country every year. As a matter of fact, President of Republic of Indonesia Joko Widodo sets an ambitious target of 15 millions international tourists for 2017, or an increase of 25 percents. In 2016, Indonesia's tourism sector successfully contributed 11 percents of the country's GDP only from the tourists spending or as much as Rp. 172 trillion.

Given the tourism sector is one of the most contributing sectors for Indonesia's economy, the government of Indonesia always strive to ensure the safety and security both for the citizens and the foreigners.

Fully responsible to the safety and security of the citizens from the harm of natural disasters, the Government of Republic of Indonesia deploys and relies on NASR. The Agency plays a critical role during times of disaster. With a vision of conducting successful SAR operations efficiently, credibly, and safely, anytime and anywhere. NASR is always committed to being forefront in the ongoing, devastating state of the natural disasters to save lives and prevent losing more.

Sultan Nazrin Opens Masjid Al-Mursyidin In UPSI

TANJUNG MALIM, June 20 (Bernama) -- The Sultan of Perak, Sultan Nazrin Shah today officially opened Masjid Al-Mursyidin in Kampus Sultan Azlan Shah, Universiti Pendidikan Sultan Idris (UPSI), Proton City here.

Sultan Nazrin also planted a 'pokok Doa' or Bucida Variegated tree in front of the mosque.

Masjid Al-Mursyidin is part of Sultan Azlan Shah campus development project implemented under the 9th Malaysia Plan from 2005 to 2010.

Construction of the mosque costing RM10 million was completed on Jan 31, 2012.

Sultan Nazrin then handed Aidilfitri aid to the poor amounting to RM187,600 being tithe collection to six representatives of the penghulu of mukims in Batang Padang and Muallim districts.

After the ceremony, Sultan Nazrin joined 'tahlil' reading and breaking fast with employees of government departments and agencies, followed by isyak, tarawih prayers and 'moreh' (supper).

Also present were Menteri Besar Datuk Seri Dr Zambry Abd Kadir, Perak Islamic Department director Datuk Mohd Yusop Husin and UPSI Vice-Chancellor Prof Datuk Dr Mohammad Shatar Sabran.

-- BERNAMA

Monday 19 June 2017

NARRATING THE STORY ABOUT HORTICULTURE ALONG

NARRATING THE STORY ABOUT HORTICULTURE ALONG

THE NINTH STRAITS FORUM - CHEN JINGGU CULTURAL FESTIVAL HELD IN FUJIAN'S NINGDE, CHINA

THE NINTH STRAITS FORUM - CHEN JINGGU CULTURAL FESTIVAL HELD IN FUJIAN'S NINGDE, CHINA

ARYAKA LAUNCHES THE FIRST CLIENTLESS SD-WAN


Aryaka Announces General Availability of SmartACCESS – the first-to-market SD-WAN for remote access, with built-in dynamic CDN

SAN MATEO, Calif., June 16 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today the launch of SmartACCESS, the first-to-market clientless SD-WAN solution with built-in dynamic CDN to deliver:

- Up to 3 times faster application performance for remote and mobile users

- Consolidated and simplified VPN infrastructure

- Enhanced security and visibility of all remote and mobile user activity

- Global deployment in hours, with the ability to scale in minutes

While SD-WAN technologies have been making inroads into enterprise branch offices and datacenters, remote access has been a key missing link due to SD-WANs’ mandatory appliances, leaving remote and mobile users struggling with poor application performance and slow access to corporate resources,  translating into lost productivity.

Aryaka is the first company to address these performance challenges by software-defining remote access. SmartACCESS significantly enhances both on-premises and cloud/SaaS application performance for the remote and mobile workforce without requiring additional hardware or software clients.  To achieve that, Aryaka, for the first time, has integrated Dynamic CDN functionality into SD-WAN.

“Global enterprises are increasingly struggling with real-time application performance, especially for remote and mobile users. This adversely impacts productivity and increases costs as well as complexity for IT,” said Shawn Farshchi, Aryaka’s President and CEO. “We’re excited to introduce the first solution to software-define remote access, by combining Aryaka’s global SD-WAN and dynamic CDN capabilities to deliver faster performance for enterprise remote access without requiring any additional software clients or appliances.”

"Remote access is critical to any large enterprise. Network latency and overall application performance are the Achilles heel of the remote and mobile workforce, hampering productivity and exacerbated by overseas travel,” said Jennifer Clark, Vice President, Network Research at 451 Research. “Enterprises are looking for options, such as Aryaka’s SmartACCESS, that leverage the performance, cost and flexibility of SD-WAN, but are clientless and able to extend its benefits to the mobile workforce, seamlessly.” 

RedHill Biopharma Announces Confirmatory Phase III Study Initiated with RHB-105 (TALICIA™) for H. pylori Infection


·         Subject to a successful outcome and any additional regulatory feedback, the confirmatory Phase III study (ERADICATE Hp 2) is expected to complete the package required for a potential U.S. NDA for RHB-105, newly branded as TALICIA™ 
 
·         The two-arm, randomized, double-blind, active comparator, confirmatory Phase III study is planned to enroll 444 non-investigated dyspepsia patients with confirmed H. pylori infection in up to 65 clinical sites in the U.S., with a primary endpoint of eradication of H. pylori infection at 42 through 70 days after initiation of treatment 
 
·         The first Phase III study with TALICIA™ (RHB-105) (ERADICATE Hp) successfully demonstrated 89.4% efficacy in eradicating H. pylori infection (p<0.001), supporting the potential superior efficacy of TALICIA™ (RHB-105) over current standard-of-care (SoC) therapies 
 
·         TALICIA™ (RHB-105) was granted QIDP designation by the FDA under the GAIN Act, including Fast-Track development, NDA Priority Review and extended U.S. market exclusivity, for a total of eight years
 
·         H. pylori bacterial infection is a major cause of chronic gastritis, peptic ulcer disease, gastric cancer and mucosa-associated lymphoid tissue (MALT) lymphoma and is estimated to affect over half of the adult population worldwide

·         The World Health Organization (WHO) recently published a global priority list of 12 life-threatening multidrug-resistant bacteria, in which H. pylori infection was classified in group 2 high-priority bacteria for which new treatments are urgently needed
 
·         The 2015 global and U.S. market potential for H. pylori eradication therapies at current branded prices, were estimated at approximately $4.83 billion and $1.45 billion, respectively

TEL-AVIV, Israel and RALEIGH, N.C., June 16 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (Tel-Aviv Stock Exchange:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced the initiation of a confirmatory Phase III study with RHB-105, newly branded as TALICIA™1, for the treatment of H. pylori infection (the ERADICATE Hp 2 study).

TALICIA (RHB-105) is a proprietary, fixed-dose, oral combination therapy of two antibiotics and a proton pump inhibitor (PPI) in an all-in-one oral capsule for the eradication of H. pylori infection.


The two-arm, randomized, double-blind, active comparator confirmatory Phase III ERADICATE Hp 2 study will compare TALICIA (RHB-105) against a dual therapy amoxicillin and omeprazole regimen at equivalent doses. The study is planned to enroll 444 non-investigated dyspepsia patients with confirmed H. pylori infection in up to 65 clinical sites in the U.S. Subjects will be randomized in a 1:1 ratio to receive four capsules, three times daily, of either TALICIA (RHB-105) or the active comparator, for a period of 14 days. Subjects will be assessed for the study’s primary endpoint of eradication of H. pylori infection at 42 through 70 days after initiation of treatment.


Subject to its successful outcome and any additional regulatory feedback, the confirmatory Phase III study, along with the results from the successfully completed first Phase III study with TALICIA (RHB-105) (the ERADICATE Hp study) and data from the completed supportive PK program, are expected to support a potential U.S. New Drug Application (NDA) for TALICIA (RHB-105).


The first Phase III study with TALICIA (RHB-105) successfully met its protocol-defined mITT primary endpoint of superiority over historical standard-of-care (SoC) eradication rate of 70%, with high statistical significance (p<0.001). The study results demonstrated 89.4% efficacy in eradicating H. pylori infection with TALICIA (RHB-105). Notably, the 89.4% efficacy in eradicating H. pylori infection with TALICIA (RHB-105) was also superior to subsequent open-label treatment with SoC therapies of patients in the placebo arm of the ERADICATE Hp study, which demonstrated 63% eradication rate in the mITT population (p=0.006), further supporting the potential efficacy of TALICIA (RHB-105) as a treatment for H. pylori infection. Treatment with TALICIA (RHB-105) appeared to be safe and well tolerated. 


TALICIA (RHB-105) was granted Qualifying Infectious Disease Product (QIDP) designation by the U.S. Food and Drug Administration (FDA), providing a Fast-Track development pathway, as well as NDA Priority Review status, potentially leading to a shorter NDA review time by the FDA, if filed. If approved, TALICIA (RHB-105) is entitled to receive, thanks to its QIDP status, an additional five years of U.S. market exclusivity, in addition to the standard exclusivity period, for a total of 8 years of U.S. market exclusivity.


"BEAUTIFUL BEIJING SHINING AT THE EXPO" - BEIJING WEEK AT EXPO 2017 ASTANA OPENED


ASTANA, Kazakhstan, June 16 (Bernama-AsiaNet) -- On June 16, with the theme of "Beautiful Beijing Shining at the Expo", Beijing Week opened in the China pavilion of Expo 2017 Astana. It is another opportunity for Beijing to show its ancient demeanor to the world after Expo 2005 Aichi, Expo 2010 Shanghai and Expo 2015 Milan. It will play a positive role in stimulating Beijing to participate in the construction of "the Belt and Road".

Beijing is the first Chinese city appearing at Expo 2017 Astana. On the opening ceremony, programs such as "Rustic Beijing Splendid China", "Bouncy Ball Acrobatics" and "Tai Chi" brought Beijing Opera, acrobatics, martial arts and other Beijing elements into the Expo. During the reception, a Beijing tourism photo exhibition, the folk music performances, Beijing cuisine, etc., helped the guests understand Beijing's tradition and culture while "viewing Beijing sceneries, tasting Beijing dishes and listening to Beijing tones".

Combined with the theme of Expo 2017 "Future Energy", Beijing Week also demonstrates smart energy that promotes Beijing becoming City of Double Olympics for hosting 2022 Olympic Winter Games and also helps to achieve the goal of 300 million people participating in ice-snow sports.

Li Luxia, vice-chairman of China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing), said at the opening ceremony that heritages of 2008 Beijing Olympic Games would be fully utilized and transformed into venues which could be used for both winter sports and summer sports. For instance, the Water Cube will be turned into the Ice Cube, which is a representative of the transformation plans, and people can gain immersive experience in the Ice Cube by VR glasses.

Source: Beijing Municipal Government

Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=291386

--BERNAMA

http://mrem.bernama.com/viewsm.php?idm=29377

http://mrem.bernama.com/viewsm.php?idm=29377

Over 250 Families In Melaka Benefited From Kembara Ramadan UMW

KUALA LUMPUR, June 19 (Bernama) -- Twenty-nine UMW Community Champions (volunteers) in a 10-vehicle convoy distributed 'Ramadan Packs' and household items at Kuala Linggi, Melaka over the weekend.

UMW Group, in a statement today said the convoy's mission was to provide assistance to poor families during the fasting month.

The convoy's first stop was at Pusat Pendidikan Dalam Komuniti (PDK) Seri Malindo, Masjid Tanah, Melaka, a learning centre for the disabled community in the area.

The volunteers also distributed raya clothing to the trainees and household items to the centre.

"They also set up a base at Surau Nur Iman, Kampung Nelayan where they prepared bubur lambuk and 187 'Ramadan Packs' to be distributed to poor families from Kampung Kuala Linggi and Kampung Bukit Darat.

"A buka puasa event was also organised for the villagers at the surau and the volunteers together with Surau Nur Iman committee members prepared the feast for buka puasa,"

This is the second year the UMW Community Champions have embarked on Kembara Ramadan by going outside the Klang Valley to help the poor communities.

This programme is part of UMW's continued support towards the poor communities in the country under its community development pillar.

-- BERNAMA

KONY RECOGNIZED BY GARTNER AS A LEADER FOR MOBILE APP DEVELOPMENT PLATFORMS FOR FIVE CONSECUTIVE YEARS

KONY RECOGNIZED BY GARTNER AS A LEADER FOR MOBILE APP DEVELOPMENT PLATFORMS FOR FIVE CONSECUTIVE YEARS

NIKE, INC. ANNOUNCES NEW CONSUMER DIRECT OFFENSE: A FASTER PIPELINE TO SERVE CONSUMERS PERSONALLY, AT SCALE

NIKE, INC. ANNOUNCES NEW CONSUMER DIRECT OFFENSE: A FASTER PIPELINE TO SERVE CONSUMERS PERSONALLY, AT SCALE

Sunday 18 June 2017

'Imarah Ramadan' Programme Aims To Help More In Remote Areas

ISKANDAR PUTERI, June 18 (Bernama) -- The 'Imarah Ramadan', an annual humanitarian programme jointly organised by Islamic Aid Malaysia (IAM) and the Institute of Islamic Understanding Malaysia radio channel (IKIM.fm) is aimed at helping the underprivileged, especially in remote areas.

Southern Region Etiqa Insurance and Takaful Chief Executive Officer, Mohamad Yunus Mohd Sood said the programme had, so far this year, achieved its target of helping more than 5,000 people under the category across the country.

"We have allocated approximately RM400,000 to help the target groups in the rural areas, especially those living in areas that lack access to facilities.

"Thus far, we have helped more than 5,000 people in Kuala Lumpur, Klang, Kedah, Perak before we proceeded to Johor. We have also organised similar programme with the Rohingya community and persons with disabilities," he told Bernama after presenting aid to 250 residents of Kampung Pok, Gelang Patah, here last night.

The aid includes cash of RM50 and daily essentials such as rice, sugar, cooking oil, milk and canned food.

"We have also implemented similar programme in the rural areas of Sabah and Sarawak in addition to helping the poor in Aceh, Sri Lanka, Nepal and Southern Thailand," he added.

-- BERNAMA

Friday 16 June 2017

MyCreative's Arts Competition Opens Submission For Public To Discover Fresh Talents

KUALA LUMPUR, June 16 (Bernama) -- MyCreative Ventures Sdn Bhd (MyCreative) has opened submissions for The Craft Master 2017 and Visual Arts Pitch (VAP) 2.0 competition, an initiative to provide promotional opportunities to visual artists and the crafters, as well as a platform for industry experts to discover fresh talents.

The Craft Master 2017 is open to all Malaysians aged 18 and above and is aimed at discovering potential creative talents in the Malaysian craft scene and ultimately, find the best craft products which have the potential to be commercialised.

In a statement here today, MyCreative said there was no limitation in terms of usage of medium, including wood, metal, ceramic, fabric, plastic or rubber but the craft products should be original, functional, saleable, creative and presentable.

The Craft Master 2017 competition offers RM30,000 worth of cash prizes to four selected winners.

Meanwhile, VAP 2.0 is open to all Malaysians aged 18-35 and the contestants may submit more than one artwork including paintings, drawings, sculptures or even photography as long as it is the original non-commissioned artwork by the participants.

The competition awards RM15,000 worth of cash prizes to three winners and it also offers shortlisted contestants a chance to get their artworks showcased in a prominent art gallery.

Interested applicants must submit their applications by July 31 for the The Craft Master 2017 and by Aug 31 for VAP 2.0.

-- BERNAMA