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Media OutReach Press Releases
 
Taradphone cautions Thai used phone market lost more than 2.5 Million SGD per year to online scammers

BANGKOK THAILAND - Media OutReach - 17 February 2020 - Fake account and famous IT store brands such as iStore, Taradphone are being used by scammers to lure unsuspecting online shoppers into fake e-stores, according to a new finding by Taradphone.Dr. Chaiyapong AkkarakitjindaManaging Director, Taradphone, Thailand    Scammers frequently used logo and imagery from famous stores or pictures of good-looking people to defraud online shoppers that they are buying phones from reputable sources, when in reality they might receive a counterfeit item or nothing.   Dr. Chaiyapong Akkarakitjinda, Managing Director of Taradphone, Thailand largest online-based used mobile stores, revealed that attractive discount and low instalment on hi-end used smartphone are common strategies online scammers prey on victims.    "There are increasing number of victims, which cause approximately 2.5 million SGD lost each year. Thai polices are working hard on this, but still."   Not only hi-end used smartphone such as iPhone 11 and Samsung Galaxy 9, but also luxury items are popular for online scammers to fool victims.    "There are numbers of website developed to be online tools for shoppers to check and to notify about blacklisted sellers. The growth of these website is on the rise, but not that much."   However, this is like a beacon of hope that consumers help each other fighting cyber crime by actively exposing ill-intent sellers.   Nevertheless, prevention is the best defence, added Dr. Chaiyapong. "Before making any purchase or submitting to a long-term contract, check for seller good tracking records, and verification information regarding their identity and services. Consumers should be well-advised not to conclusively rely on product reviews, because they can be easily made up without any proof by the cyber criminals."ABOUT TARADPHONETaradphone is Th ......read more

Samsung's Galaxy Z Flip Sold Out in Singapore

SINGAPORE - Media OutReach - 14 February 2020 - Samsung Electronics Singapore announced that the highly-anticipated, category-bending Galaxy Z Flip has sold out on the Samsung Online Store within one hour of its release this morning. (Pictured in red): Han Li, 35, one of the first customers to get his hands on the Galaxy Z Flip in Singapore at the Samsung Experience Store VivoCity "We are delighted by the overwhelming response towards Galaxy Z Flip in Singapore, which also reflects a strong demand for the foldable form factor. We know that our customers are always seeking out unique experiences that suit their lifestyle, and we see Galaxy Z Flip resonating well with local consumers as it offers an innovative, stylish and bold mobile experience. The team is working hard to bring in more Galaxy Z Flip to meet consumer demand for the device," said Sarah Chua, Vice-President, IT and Mobile, Samsung Electronics Singapore.   "I am glad to be one of the first in Singapore and even Southeast Asia to get my hands on the Galaxy Z Flip. I especially like the foldable experience which is nostalgic for me. The build quality and beautiful design stood out and I appreciate that Samsung has used a thin glass screen for the phone. I'm also very excited to start using my first ever Samsung phone", said Han Li, a 35-year-old Engineer who purchased his device today.   HR Executive, Ng Yong Kiat, 35, shared, "I am happy to be one of the first to get my hands on the Galaxy Z Flip. I particularly like the beautiful design and compact foldable experience. I'm getting the phone for my wife for Valentine's Day and I'm sure she will love it!"   Available in two colour variants: Mirror Purple and Mirror Black, the Galaxy Z Flip is priced at the recommended retail price of $1,998 (including GST). New stock is expected to be available on S ......read more

Leading Singapore Online Florist Floristique Recovers from Cyber-Attack

Cybercrimes have been disrupting hundreds of businesses for years. Singapore-based Floristique's journey to recovery post the detrimental cyberattack.Services back online and stronger than ever to cater for Valentine's Day.   SINGAPORE -  Media OutReach - 13th Feb 2020 - Eight months ago, local florist in Singapore - Floristique made the news when their online shop on a popular e-commerce platform Shopify was hacked, resulting in a loss of $24,000 overnight.     Since then, Floristique founder, Wendy Han has resolved to bounce back stronger than before from this experience and had implemented a full suite of cybersecurity strategies geared towards providing maximum protection against online attack.   One of such strategies involve the integration of multi-factor authentication (or two-step verification) to ensure the deliveries reached the right recipients. A monthly routine of password change was adopted coupled with a thoroughly inspection of transactions and other bank activities to identify suspicious activities or abnormal transactions.   With a beefed-up cybersecurity strategy, Floristique announces the unveiling of their online catalogue of handcrafted Valentine's Day flowers and hand bouquets.   To cater to more efficient deliveries, they had also teamed up with local courier service providers: GOGOVAN and Lalamove.   Stronger Now, More than Ever Floristique founder, Wendy Han comments "No one would ever think they would become a victim of a cyberattack, nobody knows how it feels like until it happens to you.   I was devastated when we got hacked. But with unwavering encouragement and support from our customers, the company managed to come back strong. I am beyond grateful to our customers for being our towers of strength and cheering us on when times were rough."   Since the incident and wi ......read more

Toyota Mobility Foundation Introduces Next-Gen Urban Development and Traffic Management Global Challenge with MDEC

The competition will be done in collaboration with Kuala Lumpur City Hall as Malaysia's capital is selected as the designated pilot cityThis public-private multi-partnership will also be engaging related industry partners to include more data to analyseAs a world-first global challenge aimed to improve the quality of life of residents of Kuala Lumpur , this challenge will offer up to US$1.5 million in grant provisions KUALA LUMPUR, MALAYSIA - Media OutReach - 13 February 2020 - Toyota Mobility Foundation (TMF) has entered into an agreement with the Malaysia Digital Economy Corporation (MDEC) to launch the City Architecture for Tomorrow Challenge (CATCH). This is the region's first global challenge that will attract innovative, data-driven entries from global participants. The aim is to raise efficiency in urban planning, and drive forward the future of mobility. This partnership will enable Kuala Lumpur to take the lead in developing next-gen urban development and city mobility management for the region.   A launch event was held in Kuala Lumpur on 13 February to kickstart the Challenge, where the Mayor of Kuala Lumpur, YBhg. Dato' Nor Hisham Ahmad Dahlan, graced the event as the guest-of-honor.   Rethinking the Future Of Mobility CATCH will seek to address mobility challenges in Kuala Lumpur with a global call for solutions, for a period of 8 months, where participants -- from start-ups, academic and research institutions to corporates, or even the general public -- can conceptualize and develop solutions that are dynamic, intelligent and data-driven to design future city infrastructures.   Shin Aoyama, President of Secretariat, Toyota Mobility Foundation, said, "TMF was set up to address mobility issues around the world, using a unique approach driven by sustainability, innovation and partnership. CATCH ......read more

Bank Indonesia Adopts Refinitiv Auctions for Domestic NDFs

Follows strong demand of Refinitiv Auctions in 2019 across Asia, Europe, the Middle East and Africa as Central Banks look to drive innovation and efficiency in financial markets JAKARTA, INDONESIA / SINGAPORE / LONDON, UK - Media OutReach - 13 February 2020 - Bank Indonesia (BI) has adopted Refinitiv Auctions for Domestic Non-deliverable Forwards (NDFs), as Central Banks increasingly rely on electronic tools to ensure their markets function in an orderly, efficient manner. Refinitiv Auctions is an innovative platform that combines a trading venue, real-time view of bid submissions, market surveillance and processing capabilities.   Domestic NDFs are a monetary policy instrument employed by the Central Bank to enhance financial markets. It also provides an alternative hedging instrument for market participants. In addition, the Indonesian Rupiah-settled NDFs auctions are run on a daily basis over Refinitiv Auctions to support a stable exchange rate.   With Indonesian member banks, brokers and the Central Bank onboard, Refinitiv Auctions underpins efficient performance of NDF auction tenders. The solution helps BI automate trade processes in a secure environment.   Refinitiv Auctions facilitated over $1.225 trillion in 2019 while seeing rapid volume growth and adoption with a 27% year on year increase in customers, and is now used by Central Banks and Corporates in Europe, the Middle East, Africa and Asia. Refinitiv is able to address Central Banks and Corporates auction needs on data residency and infrastructure costs by offering its solution uniquely on either a hosted or deployed basis. Support is now also in place for Islamic Finance Shari'ah compliant auctions for both Central Banks and Corporates.   "We highly appreciate the collaboration between Bank Indonesia and Refinitiv to ensure that monetary operations in Indonesia can be done in more efficient way through Auc ......read more

SIA Engineering Company to invest in Pos Aviation Engineering in Malaysia

SINGAPORE - Media OutReach - 13 February 2020 - SIA Engineering Company Limited ("SIAEC") wishes to announce that it has entered into an agreement with Pos Aviation Sdn Bhd ("Pos Aviation"), a wholly owned subsidiary of Pos Malaysia Berhad ("Pos Malaysia"), to acquire a 49% stake in Pos Aviation Engineering Services Sdn Bhd ("PAES"). The top management of Pos Aviation and SIA Engineering Company after the signing event at Singapore Airshow 2020 Under the agreement, Pos Aviation will retain the remaining 51% stake. The indicative consideration for the acquisition of Pos Aviation's 49% stake is MYR10.087 million in cash. This was arrived at after arm's length negotiations on a willing-buyer, willing-seller basis, and after considering, inter alia, the net asset value and financial performance of PAES. Based on PAES's adjusted net assets as at 31 July 2019, the indicative net asset value of the PAES shares acquired by SIAEC is MYR10.087 million. PAES has operations in Kuala Lumpur International Airport and 9 other stations in Malaysia. These stations will complement SIAEC's existing network of Line Maintenance International stations, which will grow to 46 airports in 9 countries including Singapore. Mr Png Kim Chiang, Chief Executive Officer of SIAEC, said: "We are delighted to establish this partnership with Pos Aviation. With the combined strength of both parties' capabilities and experience, we are confident that this strategic partnership will deliver a high level of despatch reliability and quality engineering services to international airline customers in Malaysia." Syed Md Najib Syed Md Noor, Group Chief Executive Officer of Pos Malaysia Berhad, said: "This strategic partnership marks the entry of a Malaysian brand into the global MRO market, an important milestone for Pos Malaysia. We foresee an increase in our customer base and expansion of our market segments throu ......read more

Etiqa Insurance Singapore protects customers with Financial Assistance Benefit amid COVID-19 Outbreak

SINGAPORE - Media OutReach - 13 February 2020 - Etiqa Insurance Singapore is providing Financial Assistance Benefit1 to those insured with their life insurance policies in light of the Novel Coronavirus (COVID-19) outbreak. All existing and new insured persons of Etiqa life protection and insurance savings plans will receive complimentary coverage for hospitalisation and additional death benefit. Staying committed to their mission to make the world a better place, the local insurer will provide hospitalisation benefits of S$100 daily (up to 10 days) for patients in stable condition and S$200 daily (up to 5 days) for those in the Intensive Care Unit (ICU), including a lump sum payment of S$50,000, in the event of death, as a result of the COVID-19 viral infection. "The insurance industry plays a vital role in protecting communities and those who live in them. In this critical period, Etiqa is fully committed to support and stay united with our customers in this fight against the Novel Coronavirus. We'd like to assure our customers that in the unfortunate event that they are diagnosed with COVID-19, they will be provided with financial aid to tide them and their family through, reducing their financial impact and disruption to their daily lives as much as possible to allow them to fully focus on recovery", said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd. For new and existing insured persons of Etiqa life insurance policies Financial Assistance Maximum Payout Hospitalisation Benefit S$100/day S$1,000 Intensive Care Unit (ICU) Benefit S$200/day S$1,000 Death Benefit S$50,000 S$50,000 Those insured with Etiqa life insurance policies are entitled to the complimentary Financial Assistance Benefit with a maximum payout of S$52,000 per life ......read more

Malaysia’s online florist Flower Chimp gears up for Valentine’s Day deliveries

KUALA LUMPUR, MALAYSIA - Media OutReach - 12 February 2020 - Southeast Asia's $100bn online economy is booming - experts predict massive growth to a staggering $300bn by 2025. Reason enough for retailers of all categories to increase their online efforts, including flower shops. With Valentine's Day just around the corner, florists across the region are witnessing the growth of the online economy firsthand.Flower Chimp is one of the notable companies riding on the e-commerce wave. Operating in five markets, they have not only studied their customers closely during these three years, but also shared insights on how Malaysian Valentine's Day habits differ from their neighbouring countries in the region. For instance, Malaysians spend on average around RM180 on their Valentine's gift - that's 10% below the region's average. Spending less doesn't mean that Malaysians are not serious about their Valentines - the opposite is the case, as they are true early birds when it comes to gifting. Many Malaysians already start buying their Valentine's gifts a month in advance - this is only surpassed by the Philippines, where people start ordering their Valentine's gifts as early as December.To cope with the increased demand, online florists must undertake extensive preparations. Flower Chimp for example has recently moved into its new 10k sqf fulfilment center, where more than 200 people are making sure that all orders are delivered on time. While most of the staff are trained florists, such a fulfilment center has only little in common with a normal florist shop. With massive cooling rooms and shelf space to stock up thousands of bouquets, it rather resembles an Amazon facility than a local neighbourhood florist.While such preparations might seem excessive for a single day, one must keep in mind that celebrations occur not only once a year. Mother's Day, Hari Raya, and many more festive seasons provide Malaysians with plenty of reasons to spoil their loved ones mo ......read more

Sunlight Real Estate Investment Trust ("Sunlight REIT") Interim Results for the Six Months Ended 31 December 2019

HONG KONG, CHINA - Media OutReach - 11 February 2020 - Henderson Sunlight Asset Management Limited (the "Manager") is pleased to report the interim results of Sunlight REIT for the six months ended 31 December 2019 (the "Reporting Period").Notwithstanding a difficult operating environment, Sunlight REIT managed to turn in reasonable operating results for the Reporting Period, with revenue and net property income registering 2.9% and 2.1% year-on-year ("YoY") growth to HK$437.1 million and HK$345.7 million respectively.Distributable income for the Reporting Period was HK$233.5 million, up 0.8% YoY. The Board has resolved to declare an interim distribution per unit ("DPU") of HK 13.2 cents, which is unchanged from the corresponding period last year and represents a payout ratio of 93.6%.  The appraised value of Sunlight REIT's portfolio was HK$19,896.1 million at 31 December 2019, a slight decrease of 0.5% from 30 June 2019. Meanwhile, net assets of Sunlight REIT dropped 1.0% to HK$15,839.1 million, which translates to a net asset value of HK$9.56 per unit.Operating Highlights The overall occupancy rate of Sunlight REIT's portfolio was 96.1% at 31 December 2019 (30 June 2019: 95.3%). Thanks to the completion of asset enhancement works at Strand 50, occupancy rate of the office portfolio rebounded to 95.7% (30 June 2019: 94.0%). Occupancy rate of the retail portfolio declined slightly to 97.1% (30 June 2019: 98.1%), principally reflecting the longer rent void for vacant units at Sheung Shui Centre Shopping Arcade ("SSC") and Metro City Phase I Property ("MCPI"). In tandem with the overall rental reversion of 10.3% achieved during the Reporting Period, passing rent of the office and retail portfolio rose 3.1% and 0.9% from six months ago to HK$36.6 per sq. ft. and HK$76.5 per sq. ft. respectively.Performance of the office portfolio remained resilient, given stable office demand in the business areas where Sunlight REIT has a reasonable presence. ......read more

PETRONAS President & Group Ceo Tan Sri Wan Zulkiflee Among Top Global Brand Guardians For 2020

KUALA LUMPUR, MALAYSIA - Media OutReach - 11 February 2020 - PETRONAS President and Group Chief Executive Officer Tan Sri Wan Zulkiflee Wan Ariffin is once again recognised as the only ASEAN CEO and sole Oil & Gas CEO from Asia in the list of 100 best global Brand Guardians for 2020, by Brand Finance, the world's leading brand valuation authority.   [IMAGE CAPTION]  Tan Sri Wan Zulkiflee Wan Ariffin, PETRONAS President and Group CEO receiving the Brand Guardianship Award from David Haigh, Brand Finance CEO at the World Economic Forum in Davos, Switzerland.    Tan Sri Wan Zulkiflee was globally ranked number 58 in this year's list, up from 93 in the previous year. He received the recognition from Brand Finance due to his far-sighted stewardship of the Company in matters of business, brand and sustainability as well as prudent management in steering the national oil and gas company and industry forward.   Other eminent business leaders in the Brand Guardians 2020 list include LVMH's Bernard Arnault, Facebook's Mark Zuckerberg and Shell's Ben van Beurden.   PETRONAS was also recognised as ASEAN's most valuable brand again, with the highest Brand Value (BV) growth across all regional brands in the Global 500 at US$15.2 billion. Brand Finance mainly attributed this recognition to the Company's stronger business performance, as well as a strong, positive forecast.   This recognition complements PETRONAS' climb up this year's Top 500 Most Valuable Brands list to number 120 from 130 the previous year.   Brand Finance CEO David Haigh said: "PETRONAS, along with all the Oil & Gas giants, is facing persistent market volatility. In facing the challenges, the Company has clearly set its intentions to strive towards delivering energy solutions in a more sustainable manner while strengthening its ......read more

Small Luxury Hotels of The World™ Releases Luxury Travel Trends For 2020

LONDON, UK - Media OutReach - 11 February 2020 - Small Luxury Hotels of the World (SLH) has released its annual Luxury Travel Trends Report, looking ahead at what will be shaping the luxury boutique experience in the coming year. From bio-architecture and conscience-free cuisine to dispersed hotels and ultimate relaxation methods, the report has been crafted from the creative, inspiring and novel elements introduced by the luxury brand's more than 520 independent hotels that together reflect the emergence of a movement or burgeoning trend. For 2020, these small, nimble and progressive hotels continue to set the standard for luxury in the ever-changing travel landscape. The full report is available to view and download at www.slh.com. Jean-Francois Ferret, CEO at Small Luxury Hotels of the World says: "SLH has been the trailblazer for small independent hotels and we champion the imaginative and diverse voices that help shape our collective and bring inspiration to the world of wanderlust. As we celebrate three decades as the pioneer of boutique in 2020 we are delighted to share these insights and in doing so praise our hotels that continue to bring the most individual, intimate and intense travel experiences to our discerning guests."The full report outlines six specific overarching themes reinforced by the idea of uncomplicated and honest luxury. Travellers are looking to embrace pared back extravagance by interacting with local cultures, respecting nature and participating in something that feels bigger than themselves.Conscious LuxuryExamples of bio-architecture, conservation projects, widespread plastic-free initiatives and of course those hotels striving for carbon neutrality are the highlight. As a global company, SLH will be launching a Sustainability Manifesto in 2020 laying out commitments for SLH as a business as well as guidance for our member hotel, however, many of our hotels have long been operating with a conscience. Aleenta Resort ......read more

More Perks From DB3 Digital Bank As It Targets The Global Market In 2020

LONDON, UK - Media OutReach - 11 February 2020 - DB3 Digital Bank is targeting the global digital assets market in 2020. It has improved on its current arsenal and looks set for a higher market share ratio in the fast growing digital finance arena come 2020.DB3 International Holding Limited is an UK entity. Its core business sectors include cryptocurrency, blockchain and banking. Its banking license is registered in The Dominican Republic with operations as a private offshore bank, primarily catering to institutions or High Net-Worth Individuals, providing them with global digital assets investment and management services.The reason why DB3 is getting so much attention and positive reviews from all the financial media is the fact that it possesses a unique investment philosophy and offers "normal banking services" to digital assets. Since the day of establishment, DB3 has been committed to service its clients with "normal banking services" for their digital currencies. Clients' digital currencies can be "banked" as a deposit and is available for various crypto operation services DB3 is providing. In addition, DB3 also deploys a balanced investment strategy and applies this concept to all relevant businesses. Clients can also view all DB3 investment transaction records using the MT4 system online at any time. DB3's trading system also incorporates blockchain technology, making each transaction record fair, transparent and cannot be tampered with.As a result of DB3's innovative approach, it has gained a large number of followers around the world and is currently regarded as one of the leading digital banks in the market of digital assets management. With an anticipated strong market performance for the industry in 2020, DB3's management states that DB3 will continue to innovate and will satisfy not only the clients' need for digital currencies asset management, but also continuing in its pursuit to be a global leader in the digital assets management ind ......read more

#Oscars winner #Parasite was the most Tweeted-about movie during the 92nd Academy Awards

Receiving more than 1.6million Tweets worldwide, #Parasite was the most Tweeted about movie at the #Oscars Director Bong Joon-ho was the most discussed celeb on Twitter during the 2020 Oscars nightParasite winning the Best Picture Award was the most Tweeted moment of the night  https://twitter.com/ParasiteMovie/status/1226727007133634560  The official Twitter account for "Parasite" Movie Tweeted a parody image of the Oscar Statuette to thank The Academy SEOUL, SOUTH KOREA - Media OutReach - 11 February 2020 - "Parasite" (@ParasiteMovie), which won four awards at the 92nd Academy Awards Oscars (@TheAcademy), including Best Picture, Best Director, Best Foreign Language Film, and Best Original Screenplay, fired up Twitter all over the world.   "Parasite", the first Korean movie in history to win an Oscar for Best Picture, was the world's most Tweeted about movie during the award show. "Parasite" received more than 1.6 million Tweets worldwide from the time nominees were announced on 13 January 2020. The second most Tweeted movie was "Joker", with Joaquin Phoenix also winning the Oscar for Best Actor in a leading role. The third most Tweeted film was "Once Upon A Time in Hollywood", with Hollywood royalty Brad Pitt also winning for Best Actor in Supporting Role. Fourth place went to "Jojo Rabbit", while Best Animated Feature Film, "Toy Story 4" rounded up the list in fifth place.    Most Tweeted about movies during the 2020 Oscars night Parasite Joker Once Upon a Time in Hollywood Jojo Rabbit Toy Story 4   Twitter also announced the 'Top 5 most Tweeted moments of the 2020 Oscars night'. With more than 500,000 Tweets around the world, Parasite's Best Picture Win was the top Tweeted moment of the night.    Top 5 most Tweeted moments of the 2020 Oscars night Parasite wins Best Picture Joaquin Phoenix wins ......read more

Eight Noteworthy Trends for Logistics in 2020 in the Asia Pacific

Jan Harnisch, COO Global Products Air & Ocean, Rhenus Asia-Pacific SINGAPORE - Media OutReach - 11 February 2020 - Jan Harnisch, COO Global Products Air & Ocean, at Rhenus Logistics, shares his eight noteworthy trends for the logistics industry in 2020, in the Asia Pacific region: Booming M&A Trend: The aggressive trend of M&A within the logistics industry will continue its momentum, in response to developing economies of scale, improving digitalization through technological improvements and geographical and vertical diversification. Consolidation will be driven to be able to offer end-to-end and integrated solutions. The availability of private equity (PE) and funds has enabled players to raise cheaper capital for M&A activity.   Collaboration: In 2020, more collaboration will be expected between the shippers and Third-Party logistics companies. The focus will be on creating long-term partnership models, enabling a win--win situation in terms of cost and service. The trend of 2PL and 3PL players collaborating amongst themselves will create an ecosystem for cost-effective and efficient solutions.    Ecommerce: Ecommerce will remain a strong driving force in 2020, especially in Southeast Asia. As players such as Amazon, Lazada and Shopee push their expansion in the region, Rhenus can see a shift from air freight to ocean freight on short sea distances. In order to be able to replace existing air freight consolidation for ecommerce, a strong focus on lead times will become more and more important. On top of that, strong systems and operational excellence is needed to ensure the fastest handling possible. Major ecommerce players will also rely even more on direct airline co-operations.   Infrastructure: Rhenus expects huge investments in infrastructure by the government and private enterprises, especially in India and Indonesia. This will lead to ease of movement and substantia ......read more

Many organisations globally are feeling unequipped to deliver a clear employee experience strategy in the workplace, according to new Kincentric study.

As many as 79% of organisations believe that a positive employee experience has business impact, but only 28% feel equipped to deliver a clear strategy. SINGAPORE - Media OutReach - 11 February 2020 - As the global war for talent continues, creating and delivering a great employee experience in the workplace has become a key area of interest for business leaders globally, with eight out of 10 (79%) believing it has business impact -- yet less than a third (28%) are feeling equipped to deliver this strategy, according to a new study by Kincentric, a Spencer Stuart company.   Based on responses from over 1,300 HR professionals across 43 countries, Kincentric's 2019 Global Employee eXperience (eX) Report assesses how organisations are taking steps to understand and improve their employees' experience across the employee lifecycle.   Findings suggest that as interest outpaces readiness, we can expect more and more companies will be getting serious about investing time and energy to improve their employee experience. More than 90% of organisations say it's important, and just under half (44%) of respondents are currently working on improving the experience across key stages in the employee lifecycle, but they will need to close gaps in strategy, measurement and delivery to realise the experience they want to create.   Meanwhile, the extraordinary organisations (28%) that lead by example are taking an agile approach to strategy, measurement and delivery of the employee experience, to design one that aligns to their business needs. Findings on these extraordinary organisations revealed:   As many as 84% have identified the employee segments and experiences that matter most to their business strategyOver two thirds (67%) clarify their hypotheses, decision and actions before jumping into measurementThe key to success is to develop an experience strategy that focuses on busines ......read more

Sharon Stone to Host 20th Anniversary Laureus World Sports Awards

Laureus Awards Ceremony to be staged at Verti Music Hall, Berlin, on February 17Landmark 20th anniversary Laureus World Sports Awards will celebrate a 'Sport Unites Us' themeFor full list of Nominees in seven categories, click hereApply for media accreditation at http://accreditation.laureus.com   BERLIN, GERMANY - Media OutReach - February 10, 2020 - Critically acclaimed actress, producer, director, writer and activist Sharon Stone is set to host the 2020 Laureus World Sports Awards Ceremony in Berlin on February 17.   One of the most noteworthy performers of her generation, Sharon became a global star with her portrayal of Catherine Tramell in the thriller Basic Instinct for which she earned her first Golden Globe Award nomination for best actress in a motion picture.   In an immensely successful career, she received further acclaim with her performance in Martin Scorsese's epic crime drama Casino in 1995 with a Golden Globe Award and an Academy Award nomination. She also received two more Golden Globe Award nominations for her roles in The Mighty in 1998 and The Muse the following year.    Throughout her career, Sharon has displayed her broad ranging talent, appearing in multiple genre films, including the sci-fi spectacular, Sphere with Dustin Hoffman, Intersection with Richard Gere, and thriller Sliver.  Sharon also starred in and served as co-producer in the successful western hit, The Quick and the Dead opposite Gene Hackman, co-starred with Sylvester Stallone in the blockbuster action thriller, The Specialist and she starred in the gripping prison drama Last Dance.   Sharon went on to star in Steven Soderbergh sensational comeback crime series Mosaic for which she received rave reviews and later this year she will star in Ryan Murphy's much anticipated Netflix series Ratc ......read more

Chubb appoints new leadership for Indonesia's general insurance business

SINGAPORE - Media OutReach - 10 February 2020 - Chubb announced today the appointment of Jon Longmore as the new President Director to lead its general insurance business in Indonesia, subject to regulatory approval. Mr. Longmore will replace the incumbent Tai Kuan Ly, who has assumed a new position as Chubb Overseas General Head of Auto. In his new role, Mr. Longmore will report to Glen Browne, Chubb's Deputy Regional President for Asia Pacific and Division President for Southeast Asia.   As the President Director, Mr. Longmore will have overall responsibility for the growth and financial results of the operations in Indonesia across all lines of business i.e.  Property & Casualty, Accident & Health and Personal Lines. Mr. Longmore is currently Chubb's Head of Digital for Asia Pacific, an appointement he assumed in 2018. He joined Chubb in 2011 as an Underwriter in Australia and over the course of his career, has progressed to roles of increasing responsibility, demonstrating his strength in underwriting, cross-selling and relationship management.   On Mr. Longmore's appointment, Mr. Browne said, "Jon has excellent leadership skills, a deep knowledge of our Chubb business, alongside an ability to execute in a competitive environment. I am delighted Jon has assumed this new position since it marks a new chapter for our business in Indonesia. I'm confident that under Jon's stewardship, he will steer the company to achieve the ambition and opportunity which Indonesia offers."About ChubbChubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline ......read more

Qatar Airways Volunteers Free Worldwide Air Cargo Transportation of Medical Supplies Donated to China for Coronavirus Alleviation

Qatar Airways is the first international airline to volunteer emergency relief flight delivery worldwide The first donation from The State of Qatar was delivered by the airline to Shanghai on 2nd Feb BEIJING, CHINA - Media OutReach - 7 Feburary 2020 - Qatar Airways has volunteered free air cargo transportation for medical relief aid organised by Chinese Embassies and Consulates worldwide to fight the coronavirus emergency. Qatar's national carrier has aims to independently donate millions of medical-grade masks and sanitization bottles to areas in China most urgently in need.  Chinese Ambassador to Qatar, His Excellency Mr. Zhou Jian and Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al BakerQatar Airways Cargo Fleet Medical supplies donated by Chinese communities worldwide will be flown by Qatar Airways Cargo freighters through its global network of 170 destinations to its China cargo gateways in Shanghai, Guangzhou, Hong Kong and Macau.   Qatar Airways Cargo delivered the first batch of critical medical relief aid to Shanghai on 2nd February 2020. The shipment included 100,000 medical-grade N95 respiratory masks and 2,700 medical-grade disposable latex gloves, providing essential protection to healthcare professionals working around the clock at hospitals in Hubei Province, the epicentre of the virus.   Under the relief programme by Chinese overseas communities, 700 kilogrammes of medical aid has already been donated by Chinese businesses and communities in Qatar alone.   The "Green Channel" initiative for complimentary air transportation was announced jointly by Qatar Airways and the Chinese Embassy in Qatar. Qatar Airways is the first international airline to volunteer emergency relief flight delivery.   Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: "We are taking immediate actions to help a ......read more

Japan's Top Body Therapy Group, MJG, Opens in Singapore with 50% Off Promotion

MJG Group opens first shop overseas in Suntec City to help city dwellers with body pain SINGAPORE - Media OutReach - 7 February 2020 - MJG Group opened its first salon in Japan in 2011, and after 8 years now has 175 shops across the country providing osteopathic, acupuncture and seitai services, helping more than a million satisfied customers. With experienced therapists in the salon who have completed MJG's training in Japan, MJG is now ready to serve customers on the sunny island.Judo Therapy, trusted by athletes worldwideMJG builds upon bone setting, a traditional Japanese body maintenance technique also known as Judo therapy, one of the treatments trusted by athletes worldwide.MJG's Specialty: PIM Balance RecoveryPIM Balance Recovery is an original program aiming at the fundamental improvement of pain via Pelvic correction, Inner muscle training, and Muscle adjustment.1. Pelvis Correction: Adjusting the foundation of the bodyDistortion in the pelvis, the base of one's posture, causes muscles attached to the bones to stiffen, leading to blood and lymph circulation stagnating and resulting in pain. The body's foundation is restored by adjusting the pelvis to its original position. 2. Inner Muscle Training: Creating flexible and strong inner muscles.These muscles that play a crucial role in supporting the pelvis are trained with the latest complex high frequency technology. This causes about 300 muscle contraction movements in 1 minute to build a strong core for a pain resistant body. 3. Muscle: Conditioning stiff muscles to relieve pain.Muscles that have become stiff due to body strain are loosened and relaxed. Unlike regular massage, MJG's treatment techniques will loosen even deep muscles effectively. Safe treatmentCustomers will not hear their joints cracking in the salon. Corrections are performed safely and effectively using a corrective bed specially developed by chiropractic doctors in America. Elderly and ladies can come ......read more

Ferns N Petals launches fast & hassle-free 1-hour gift delivery service in Singapore

SINGAPORE - Media OutReach - February 6, 2020 - Ferns N Petals is a famous online gift website that promises one-hour delivery of gifts and flowers in Singapore. Customers looking for ordering gifts at the last-minute can avail this service and get them delivered to their desired destination in the shortest time possible. It is a great initiative by the brand to ensure timely delivery of orders that gets significantly high during festivals and special occasions. Been in the business for more than 25 years now, Ferns N Petals keeps coming up with new and innovative gift ideas and hassle-free delivery services for every occasion.   Ferns N Petals presents a stunning collection of flower bouquets, treasured box of roses, soft toys, cakes, plants, and chocolates that customers can send for their loved ones anywhere in Singapore within one hour of placing the order. All the amazing gifts are handpicked by experts and are available at affordable prices that will enhance the online shopping experience for customers.   Talking about the one-hour gift delivery in Singapore, Rahul Vyas, Business Head of Ferns N Petals, Singapore said, "We have launched 1-hour delivery service across Singapore on a limited range of products that includes flowers, cakes, and plants. It is going to be super convenient for customers to send gifts to their loved ones at the last minute. We have launched this service at a time when the most important gifting occasion of Valentine's Day is around the corner. It will certainly help customers not to forget any of Valentine's week celebrations and send gifts every day for their partner."   He also added, "This year we are offering a wide range of new and unique gift options to the customers for Valentine's Day, such as the flower in a piano-shaped box, red roses filled in the box with I love you written on it, and treasured box of roses, etc. These gift options will h ......read more

Jacobson Pharma Launches First Influenza/RSV Home Diagnostic Kit in Hong Kong and Macau

HONG KONG, CHINA - Media OutReach - 5 February 2020 - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Group"; Stock Code: 2633), a leading company engaged in research, development, production, marketing and sale of generic drugs and branded healthcare products, announced the launch of its first home diagnostic product for influenza/RSV under the brand name of "Dr. Freeman Flu/RSV Combo" (the "Product") in Hong Kong and Macau since January 2020. The product is available in different over-the-counter channels including major healthcare chain stores and drug stores.   Jacobson launches Dr. Freeman Flu/RSV Combo as its first influenza/RSV home diagnostic kit in the markets of Hong Kong and Macau. It is designed for qualitative determination of specific types of Influenza A and B virus and respiratory syncytial virus ("RSV") with test results available in 8 minutes. Dr. Freeman Flu/RSV Combo is a handy one-step home diagnostic test designed for qualitative determination of specific types of Influenza A and B virus and respiratory syncytial virus ("RSV") with test results available in 8 minutes. The Product marks the first among others of its home diagnostic portfolio to be launched under the branded healthcare business platform of the Group. The Group is contemplating a potential strategic spin-off of its branded healthcare business which comprises proprietary medicines, proprietary Chinese medicines and branded health and wellness products such as health supplements, personal care products and diagnostic kits.   In scientific terms, Dr. Freeman Flu/RSV Combo uses monoclonal antibodies specific to the corresponding antigens of influenza and RSV for determination of the specific types of influenza and RSV infected, apart from the indication of the presence of influenza.   Mr Derek Sum, Chairman and Chief Executive Officer of Jacobson Pharma, ......read more

Fans experience 'triple vision' as Kajal Aggarwal is immortalized in more than wax at Madame Tussauds Singapore

SINGAPORE - Media OutReach - February 5, 2020 - Today, Kajal Aggarwal joined a star-studded cast of Indian A-listers and legends, as she unveiled her first and only wax figure paired with a new AR-fueled interactive experience in person, as part of Madame Tussauds Singapore's growing Ultimate Film Star Experience (UFSE).  Kajal's figure is exclusive to Madame Tussauds Singapore.   She is not only delighting visiting fans with the opportunity to check out her wax doppelganger up close and personal; she also invites them to act 'on set' as part of a specially curated AR experience filmed and produced exclusively for Madame Tussauds Singapore.   Guests will be transported in a classic scene from Indian cinema together with Kajal. They will begin to experience an out of control digitally generated earthquake made possible with AR technology, audio-visual effects and real-time camera capture - immediately bringing them closer to the action. This latest interactive experience is part of the attraction's ambition to captivate audiences, whether they are long-term Indian cinema fans or just discovering the genre for the first time.   "Deeply humbled and ecstatic to be honoured, standing amongst global icons. Feels like I'm seeing myself through the eyes of an artist. The resemblance is uncanny and the attention to detail is spectacular" said Kajal Aggarwal.    "Having built a solid visitor fan base around our Bollywood legends over the past 4 years, we can't think of a better way of enhancing our Ultimate Film Star Experience than to honour this rising star of South Indian cinema.  We partnered with the International Film Academy Awards (IIFA) again, to secure great new figures and content. 2020 is set to be an exciting year for us as we add more exclusive celebrity content to the zone and continue captivating our audiences with state-of-the-art technology" sa ......read more

Important Announcement Regarding the Datelines of ASIA APPAREL EXPO In 2020

BERLIN, GERMANY - Media OutReach - 5 February 2020 - Please be advised that the 2020 edition of ASIA APPAREL EXPO , which was due to take place later this month at MESSE BERLIN, Germany, will be re-scheduled to a mid-year dateline of JUNE 23-25, 2020 , and the trade expo will now take place in Halls 1.1 and 2.1 at MESSE BERLIN. The serious international medical concerns related to the outbreak and spread of novel coronavirus from China have dictated that public health and safety of exhibitors and visitors must take priority, and therefore ASIA APPAREL EXPO will not take place, as previously advertised, in Berlin from February 18-20. This major Asian apparel sourcing trade show has taken place in Berlin annually over the last eight years and has become an important resource for European buyers to meet Asian based production partners and we are confident that the new datelines in June 2020 will provide continued business opportunities for the suppliers and buyers. Organiser Comasia Limited Tel: (852) 2700 6726 Email: cs@asiaapparelexpo.com...read more

TranSwap Clinches FinTech Award for Its SME-Focused Cross-Border Payments Platform

SINGAPORE - Media OutReach - 5 February 2020 - Singapore-based cross-border payments platform TranSwap today announced that it won a FinTech Award 2019 for its efforts in delivering a secure, cost-effective and convenient cross-border payments solution to businesses in Hong Kong. This comes at a time when FinTech plays an increasingly important role in the country's financial sector, and financial firms are seeking collaborative opportunities with FinTech to accelerate innovation and excellence in the industry. TranSwap's business-focused cross-border payments solution arrives to fill the void, facilitating efficient and affordable inter-country fund transfers for these companies. Organised by ET Net Hong Kong and co-organised by Cyberport and Hong Kong Science & Technology Parks Corporation, the award ceremony was held on 17 January 2020. TranSwap was the sole winner for Outstanding SME Cross-Border FX Platform in the FX / Payment Solutions category. The award is a testament to the company's ongoing efforts to help businesses reduce FX costs and complexity to accelerate growth and expansion into international markets. Through understanding businesses' specific needs and requirements, TranSwap is able to tailor its solutions to meet each SME's needs. As an example of a significant project, TranSwap recently developed a payment solution with API integration for seamless transfer from collection to settlement. The solution allows small transfers in large volumes to be credited directly to beneficiaries' wallets and bank accounts in real-time, drastically improving processing speed and optimizing settlements, which is essential for maintaining cashflow. Benjamin Wong, co-founder and CEO of TranSwap, shared that "Businesses in Hong Kong can tap on our efficient, transparent and tech-powered platform for settling their international payments in a seamless, fast and affordable manner."...read more

DHL further expands online booking service for ocean transports

Booking tool myDHLi Quote + Book now also covers full-container-load serviceCarbon Calculator offers carbon transparency and reduces emissionsCargo Insurance secures freight against any external cause with one click SINGAPORE - Media OutReach - February 5, 2020 - DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has expanded its instant online quotation and booking service to DHL Ocean Direct FCL (full-container-load). The service myDHLi Quote + Book makes instant bookings for air and ocean freight as well as door-to-door shipments available 24 hours a day, 7 days a week. It enables customers to compare available options and directly book the best mode of transport, speed and rate. When booking a service, users can also choose a cargo insurance for their shipment and reduce their CO2 impact by selecting an alternative fuel or an offsetting option in just a few clicks. myDHLi Quote + Book is available in more than 70 countries at https://quote.mydhli.com. Until now, this service was already available for DHL Ocean Connect LCL (less-than-container-load), DHL Air Connect, and DHL Air Economy.   "With the expansion of myDHLi Quote + Book, customers can now easily compare and book even more transport services online, be it less-than-container-load or full-container-load, be it Ocean or Air Freight. This allows us to offer even higher transparency and flexibility and thus adapt to current customer needs," says Tim Scharwath, CEO DHL Global Forwarding, Freight.   With a highly intuitive user interface, myDHLi Quote + Book allows instant access to air and ocean freight quotes based on minimal information. Thanks to these transparent quotes, customers can compare rates and lead times to select the best option for their needs. The integrated CO2 Calculator automatically displays the carbon footprint for the shipment in comparison between air and ocean freight ......read more

Teledyne e2v Reveals its High Reliability Semiconductor Solutions at Singapore Airshow 2020

SINGAPORE - Media OutReach - 5 February 2020 - Teledyne e2v, an aerospace qualified manufacturer of advanced semiconductors, will be exhibiting its class-leading capabilities in data and signal processing solutions at Singapore Airshow 2020, from February 11 to 14, 2020. Teledyne e2v and partner Emerges, will be at booth B11, displaying high reliability, feature-rich semiconductor products, which enable demanding aerospace and defense applications. Here are some highlights:    Data Converters Teledyne e2v focuses on high sampling and high bandwidth data conversion solutions enabling direct conversion architecture and leading to SWAP-C improvements. This is complemented by specific exclusive features such as synchronization capabilities with serial interface support, and multiple channels within a single device.  For example: EV12AQ600: the most advanced, versatile 12-bit ADC featuring a cross-point switch enabling multi-channel operation. Available from commercial to space qualified levels, including military grade. Developed under the INTERSTELLAR H2020 project in partnership with Thales Alenia Space, Airbus Defense & Space, and the Fraunhofer Institute, and is funded by the European Commission. EV12AD550: the first dual channel, S-band capable, 12-bit ADC sampling at up to 1.6GSps. It is focused on advanced space telecommunication and SAR payloads requiring high-reliability and has been certified QML-V in 2019. EV12DS460: the world first K-band DAC, enabling enhanced electronic warfare capability thanks to its remarkably short latency of 500ps. It is also able to operate directly at extremely high frequency 26.5GHz to support some direct conversion applications. The EV12DS460 has won the Elektra Award for Semiconductor Product of the Year Analog in 2017.  EV12AS350: the highest sampling speed coupled with very short latenc ......read more

Frasers Property Group in the UK outlines sustainability push after signing BBP’s Climate Change Commitment

LONDON, UNITED KINGDOM - Media OutReach - 4 February 2020 - Frasers Property UK, a business unit of the multi-national Frasers Property Group, has outlined its latest sustainability initiative by signing the Better Buildings Partnership's (BBP) Climate Change Commitment.   The BBP's Climate Change Commitment unites signatories in targeting carbon net zero by 2050 and commits all signatories to publish their net-zero pathways by the end of this year.   Frasers Property UK signed the commitment after becoming the 33rd BBP member. The BBP represents a significant share of UK commercial real estate owners, signalling the industry's commitment to sustainability in the built environment and demonstrating leadership in achieving carbon reduction goals.   By signing the Climate Change Commitment, Frasers Property UK is committing to: Developing and publishing its ne- zero carbon roadmap by the end of 2020Completing climate change risk assessments across all assets by end of 2022Annually disclosing its progress towards its net-zero carbon roadmapDisclosing the energy performance of its assets Ilaria del Beato, Chief Executive Officer at Frasers Property UK said: "Sustainability is a key contributor to our success. We aspire to create spaces and experiences that foster sustainable communities and a better environment for all, and aim to set industry benchmarks in building sustainable communities. This is why we have pledged to signing the BBP's Climate Commitment." To date, the Climate Change Commitment has been signed by 26 companies representing over 11,000 commercial properties globally - over £300 billion assets under management - and responsible for over 1.2 million tonnes of carbon emissions per annum.About Frasers Property UKFrasers Property UK is the UK subsidiary of SGX-listed Frasers Property Limited, a multi-national company that owns, develops, and manages a diverse and integrated p ......read more

SQREEM Partners with Japanese Internet Services Company Rakuten to Launch a Joint Venture Called Rakuten SQREEM, Inc.

SINGAPORE - Media OutReach - 4 February 2020 - SQREEM Technologies, an award-winning Singapore-based AI company, and Rakuten Inc., a global leader in internet services that empower individuals, communities, businesses and society, announced today the launch of a jointly established company - Rakuten SQREEM, Inc.  Rakuten SQREEM will provide advertisers in Japan with marketing solutions built around AI based behavioural pattern analysis, and will cater to companies and advertisers in Japan.Through the combination of SQREEM's proprietary AI technology with Rakuten's historical sales data from over 100 million members in Japan, Rakuten SQREEM will be positioned to better meet the needs of Japanese consumers by serving them content that is desirable and relevant. The new company will utilise the data provided by Rakuten's members and the AI behavioural pattern analysis data owned by SQREEM to provide marketing solutions enabling media buying for Internet advertising through partners. For advertisers, the system aims to create new value and improve ad performance in the Japan market by providing advertisers with a real time picture of increasingly complex consumer behaviour thereby improving ad performance and cost efficiencies. The new addition to Japan's advertising scene is helmed by Representative Director and President Ryugen Shimizu, who is also President of LinkShare Japan, which operates Rakuten Marketing Japan.  "I believe that the marriage of capabilities that Rakuten SQREEM represents will take the Japanese programmatic advertising market to the next level. I hope that we can help the entire digital marketing industry grow even faster," said Shimizu. SQREEM is a proven Singapore-based AI company, with experience servicing customers globally. The company provides a marketing solution not dependent on individual identifiable data but by utilising an AI automated behavioural pattern analys ......read more

Impossible Marketing’s Digital Marketing Courses are now supported by SkillsFuture and NTUC-UTAP

SINGAPORE - Media OutReach - 4 February 2020 - Since January 2016, all Singaporeans aged 25 years and above can use their government-funded $500 SkillsFuture Credit to enrol in courses and enrich their future. Individuals can select from a wide array of SkillsFuture Credit-eligible courses to help develop and sharpen their skills. To keep up with today's digital marketing landscape, marketers need to stay relevant and upgrade their skillset. For those looking to enhance their digital proficiency, Impossible Marketing, a leading Digital Marketing Agency in Singapore, offers 6 digital marketing courses which are 100% payable using SkillsFuture Credit. Apart from the credits, individuals can also benefit from UTAP (Union Training Assistance Programme) funding support. Exclusive to NTUC members, UTAP provides individual skills upgrading accounts to help defray the cost of training and encourage continual skills development -- capped at $250 per calendar year. As the courses at Impossible Marketing are also NTUC-UTAP approved, NTUC members can enrol in and receive 50% unfunded course fee support. Impossible Marketing's courses cover popular topics such as SEO Marketing, Google Ads, Google Analytics, Facebook Marketing, E-commerce and Wordpress Web Design. Participants can look forward to learn through practical examples and case studies from real life practitioners who have managed digital marketing campaigns for some of the biggest brands in Singapore. One of the most popular courses is SEO marketing where Impossible Marketing walks the talk by ranking their own website (www.impossible.sg) to the 1st page of Google search for competitive keywords like "SEO Singapore", "SEO Services Singapore" and "Digital Marketing Singapore". Meanwhile, its Google Ads course covers actionable strategies including keyword research, content creation, biddings tools and competitor analysis to optimize th ......read more

Mortgage Master Raises Seed Funding Round of SG$522,500 to Drive Expansion, Vows to Fix ‘Broken’ Mortgage Market

Funding round was oversubscribed and closed within eight daysStrategic capital will reinforce Mortgage Master's vision of ensuring homeowners in Southeast Asia can conveniently find the best mortgages tailored to their needs SINGAPORE - Media OutReach - 4 February 2020 - Mortgage Master, Asia's one-stop mortgage brokering platform, announced today that it has raised SG$522,500 in an oversubscribed seed funding round, exceeding its initial target of SG$400,000. Strategic investors include Bala Swaminathan, former President of Westpac International and Founder of S Cube Capital, and Andy Lim, Chairman of Tembusu Partners.   The investment by strategic investors, through FundedHere, the Monetary Authority of Singapore's first licensed equity crowdfunding platform, reflects their belief in Mortgage Master's growth opportunity in a market worth SG$50 billion per year, and the Singapore-based start-up's unique ability to eliminate inefficiencies in the mortgage process, while benefiting both homeowners and banks.   David Baey, Co-Founder and Chief Executive Officer, Mortgage Master, said: "We are honoured to welcome our new investors, who we are excited to work with to advance our business and vision. Since our founding in 2018, Mortgage Master has become the trusted platform for 2,500 customers, having transacted more than SG$500 million in home loans. The capital will be used to build deep technology capabilities to scale the platform, increase headcount, and enter new markets."   While Singapore's home ownership rate -- of 91 percent[1] -- is expected to rise and owning a home is one of local millennials top aspirations[2], Singaporeans also indicated wariness when it comes to buying a house, with affordability a key concern[3]. In addition, research in developed markets reveal that nearly two-thirds of millennial homeowners have regrets after their purchase, in part due to excessive mor ......read more

Allianz sets up an emergency response fund to support China's fight against the coronavirus epidemic

SHANGHAI, CHINA - Media OutReach - 3 February 2020 - Allianz (China) Insurance Holding Co. Ltd. announced today that the group's key institutions in mainland China and Allianz SE will jointly set up an emergency response fund to support China's fight against the coronavirus epidemic. The initial pledge towards this fund is RMB 4 million (EUR 520,000), coming in part from Allianz SE's Disaster Recovery Fund and in part from Allianz's operating entities in China and the region. The emergency response fund will be managed directly by Allianz (China) Insurance Holding Co Ltd., which is based in Shanghai, in collaboration with the other Allianz operating entities in China and the region, including Allianz China Life Insurance Co. Ltd., Allianz Jingdong General Insurance Company Ltd., Allianz Partners China, Allianz Global Corporate & Specialty SE (AGCS) Singapore and Euler Hermes Consulting (Shanghai). At this stage, the fund's main goal is to support those working on the front line in the areas most hit by the epidemic in China's Hubei Province. The aid will consist of medical supplies, donations and insurance protection. Allianz China Life Insurance and Allianz Jingdong General Insurance have also launched  some temporary emergency measures for the convenience of customers. These measures include implementing fast track claims process, removing restrictions on designated hospitals and drugs, waiving deductibles and eliminating waiting periods. Solmaz Altin, Chief Executive Officer, Allianz (China) Insurance Holding Co. Ltd., said,"Allianz is closely following the development of the epidemic. We hope to provide relief to the areas that are most hit by the epidemic at present. We will continue to provide support where necessary, according to developments and rescue needs." Chen Liang, Chief Executive Officer, Allianz China Life Insurance Co. Ltd, said,         ......read more

Jean Boulle Group: European Union Approval for Tendyne Transcatheter Mitral Valve

LUXEMBOURG - EQS Newswire - 3 February 2020 - Jean Boulle Medtech Ltd. (the "Company"), founder  of Tendyne Holdings, Inc. ("Tendyne") and a Jean Boulle Group (the "Group") company developing medical technologies that save lives, is pleased to announce that the Tendyne transcatheter mitral heart valve implant which it developed has received CE Mark approval from the European Union.   This heart valve implant will now be available throughout the European Economic Area to patients with mitral regurgitation ("MR"). MR is the most common disease affecting heart valves[1] and is a debilitating, progressive and life-threatening condition in which the heart's mitral valve does not close completely, causing blood to flow backward and leak into the left atrium of the heart. Left untreated, MR can lead to heart failure and death.   Implanted in a beating heart, the Tendyne valve enables a significantly less invasive procedure for mitral valve treatment than open heart surgery. Traditional open-heart valve surgery is highly invasive, requiring the surgeon to make a 6 to 8 inch incision along the middle of the chest, cutting through the breastbone and stopping the heart in an operation lasting approximately 8 hours, with significant intensive care required during recovery in hospital and subsequent weeks at home. By comparison the Tendyne valve procedure lasts around 1.5 hours with patients expected to be discharged from hospital within 3 days. Current trial results have shown a high level of procedural safety with 98.9% of Tendyne patients in this very ill patient group experiencing elimination of MR at discharge and through one-year after discharge.   Commenting on today's announcement, Mr Jean-Raymond Boulle, Chairman and CEO of the Group said:   "I am delighted that the Tendyne team behind the breakthrough mitral valve can today reflect ......read more

Aon Announces 2020 Round the Island Challenge

SINGAPORE - Media OutReach - 3 February 2020 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced the Aon Singapore 2020 Round the Island Challenge event to be held on March 13, 2020. The Aon Singapore 2020 Round the Island Team A team of 31 will embark on an expedition to paddle round the island of Singapore in three outrigger boats, covering 140 km -- with the aim to set a new time record. Aon has partnered with the Singapore Paddle Club, which is supplying boats and coaching the team in the days leading up to the event. The team attempting the challenge comprises Aon employees and business partners from Asia, namely Allianz, Asia Capital Re, Allied World Assurance Company, AXA XL, Canopius, HDI, Kennedys, Liberty International Insurance, Lloyd's, Swiss Re, TransRe, and Zurich Insurance Company. Since October, the team has held 35 rigorous practice sessions with another 30 sessions planned- including a 24-hour practice session in February - in the run up to the main event. The efforts are a part of Aon's attempt to raise $275,000 in total to benefit local (Singapore Children's Society) and international (The Nicholson Memorial Fund of The Atlas Foundation) charities working for abused and underprivileged children in Asia. Singapore Children's Society protects and nurtures children and youth of all races and religions. Established in 1952, its services have evolved to meet the changing needs of children. Today, Children's Society operates 12 service centres island wide, offering services in four categories: Vulnerable Children and Youth, Children and Youth Services, Family Services, and Research and Advocacy. The Nicholson Memorial Fund was set up in memory of Anita, Alex and Annabel Nicholson who lost their lives in the Sri Lanka bombings last year. The Atlas Foundation was set up five years ago to improve ......read more

Allianz sets up an emergency response fund to support China's fight against the coronavirus epidemic

SHANGHAI, CHINA - Media OutReach - 3 February 2020 - Allianz (China) Insurance Holding Co. Ltd. announced today that the group's key institutions in mainland China and Allianz SE will jointly set up an emergency response fund to support China's fight against the coronavirus epidemic.   The initial pledge towards this fund is RMB 4 million (EUR 520,000), coming in part from Allianz SE's Disaster Recovery Fund and in part from Allianz's operating entities in China and the region.   The emergency response fund will be managed directly by Allianz (China) Insurance Holding Co Ltd., which is based in Shanghai, in collaboration with the other Allianz operating entities in China and the region, including Allianz China Life Insurance Co. Ltd., Allianz Jingdong General Insurance Company Ltd., Allianz Partners China, Allianz Global Corporate & Specialty SE (AGCS) Singapore and Euler Hermes Consulting (Shanghai).   At this stage, the fund's main goal is to support those working on the front line in the areas most hit by the epidemic in China's Hubei Province. The aid will consist of medical supplies, donations and insurance protection.   Allianz China Life Insurance and Allianz Jingdong General Insurance have also launched  some temporary emergency measures for the convenience of customers. These measures include implementing fast track claims process, removing restrictions on designated hospitals and drugs, waiving deductibles and eliminating waiting periods.   Solmaz Altin, Chief Executive Officer, Allianz (China) Insurance Holding Co. Ltd., said, "Allianz is closely following the development of the epidemic. We hope to provide relief to the areas that are most hit by the epidemic at present. We will continue to provide support where necessary, according to developments and rescue needs."   Chen Liang, Chief Executive Officer, Allianz China Life Insu ......read more

UnionBank inks talent development program with Singapore Management University

The partnership with SMU’s Institute of Innovation & Entrepreneurship will immerse the SMU students in UnionBank’s expertise in banking and fintech. SINGAPORE - Media OutReach - 3 February 2020 - Union Bank of the Philippines (UnionBank) and the Singapore Management University (SMU) -- one of Asia's premier universities - recently inked an agreement to further develop the potential of SMU's brightest and most entrepreneurial students by learning from UnionBankers.   Under the partnership, up to 10 pre-screened SMU students with mixed expertise will be exposed to various projects of UnionBank for 12 weeks to co-create the development of emerging technologies.   "We are always on the lookout to collaborate with the best knowledge partners that can equip our students with new skills and information and expose them in various learning environments," shared HAU Koh Foo, Director of the SMU Institute of Innovation & Entrepreneurship.   The students are participants of Singapore Management University's Global Innovation Immersion (GII) program - a talent development program seeking to imbue and enhance the entrepreneurial and global mindset of its most outstanding students. Students will be interning in startups, venture funds, corporates & non-government organizations in selected key markets.   HAU Koh Foo adds, "With UnionBank's expertise in the banking and finance space coupled with their experience in fintech, we look forward to the various innovative collaborations our SMU students will generate through this program."   The program is supported by the Singapore government under the Global Innovation Alliance, a network of Singapore and overseas partners in major innovation hubs and key demand markets, with focus on technology and innovation.   For its part, UnionBank, a digital banking frontrunner in the Philippines, is very excited with its latest ......read more

Syfe launches REIT+ portfolio to give investors easy, affordable access to SGX-listed REITs

Syfe's latest portfolio combines SGX-listed REITs and Singapore Government Bonds to create a risk-managed solution SINGAPORE - Media OutReach - 3 February 2020 - Digital wealth manager, Syfe, today launched the REIT+ portfolio, a first-of-its-kind initiative that allows anyone in Singapore to start risk-managed investing in Singapore real estate with no minimum investment.   Unlike buying a property or REITs as a private investor, Syfe's REIT+ product offers an easy, risk-managed and low-cost way for investors to access Singapore's thriving REIT market with a fee as low as 0.4% per annum of your invested capital.   REIT+ consists of 15 high-quality SGX-listed REITs (S-REITs) that span retail, industrial, office, and hospitality amongst other sectors. To protect REIT+ portfolios, Syfe's Automated Risk-Managed Investing (ARI) will manage risk by balancing portfolios of S-REITs with Singapore government bonds.   Through backtesting, a process that tests algorithms by running them through historical data, the REIT+ portfolio on average has yielded a return of 9.0% over the last five years. The portfolio also pays a dividend, which in 2019, was 4.6%, and can be automatically reinvested or paid-out at regular intervals offering investors a great source of passive income.   In recent years, REITs have proven to be a great investment option because it allows Singaporeans an easy way to become real estate owners, without dealing with the day-to-day worries of being a landlord. By investing in an REIT, you're investing in properties managed by that REIT and you're eligible to earn dividends on the rental income earned by those properties.   Dhruv Arora, Founder and CEO of Syfe said: "The launch of the REIT+ offering represents another strong step forward in our journey to making quality investment solutions accessible to all. In addition to our flagship Automated Risk-Managed ......read more

First Davos-Africa Night, hosted by Platform Capital, the Ubuntu Tribe, and Africa10 brought Davos attendees to their feet to celebrate Africa's digital success

DAVOS, SWITZERLAND - Media OutReach - 31 January 2020 - Platform Capital, Platinum Sponsor of the night, Ubuntu Tribe together with Africa10, hosted the Africa Night complete with an Afrobeat party at the Davos World Economic Forum 50th year anniversary.   The business programme centred on accelerating Africa's development through digital transformation with Tara Nathan, Executive Vice President, Public-Private Partnerships, Mastercard; Lacina Kone, CEO, Smart Africa Secretariat; Carole Wainaina, COO, Africa 50 Fund; Jorge Sebastiao, CTO, Huawei;  Emmanuel Aidoo, Head of Distributed Ledger Strategy, Credit Suisse Group ; and David Ellington, Founder & Chairman, Silicon Valley Blockchain Society.  "Making Wakanda a Reality: How to Accelerate Africa's Sustainable Growth Through Digital Transformation"   Special attention was given to the presentation of the Kakuma Refugee Project by Young Global Leaders, by filmmaker Joseph Okello.   Elsie Kanza, Head of Africa at World Economic Forum; Ozwald Boateng, Founder, Ozwald Boateng; Dr. Akintoye Akindele, Chairman, Platform Capital; Richelieu Dennis, Founder, Sundial Group; Kojo Annan, Founder, Africa10 and Cherie Blair, Founder, The Cherie Blair Foundation for Women. She stressed the role of African women saying, "The greatest thing about investing in Africa is the African woman. She is the heart of the society, the reliable part of the society, the supporter of the society and the leader of the society; and that's the most important thing."   The event closed on a high note with arrival of celebrity star, Wesley Snipes. joining a barefoot-dancing executive crowd to the sound of Afrobeat music led by delegations from Ghana, Mali, and Ukraine.   Sponsors of the event were: the Kenya-based Kakuma Refugee Camp Initiative, Vlisco, Smart Africa, Africa 50 and OR Addict.   Dr. Akintoye Akindele of Platf ......read more

Cashwagon Set to Provide Vietnamese Individuals with Access to Instalment Loans

Instalment loans provided on the Cashwagon platform have been well-received in Indonesia, Philippines and Sri Lanka SINGAPORE - Media OutReach - 31 January 2020 - With the ongoing goal of driving financial inclusion in South East Asia, Cashwagon, a fintech company, today shared that it has seen strong customer interest in the instalment loan consumer finance product offered by its partners in the Indonesian market. Following this, the company has plans to introduce access to instalment loans in its other markets soon, starting with the rapidly growing market of Vietnam in the first quarter of 2020. By connecting users with the instalment loans that they are looking for, the company has helped local Indonesians obtain the personal financing necessary to take charge of their lives.   The instalment loans offered through the Cashwagon platform has been launched in three markets: Indonesia, Sri Lanka and the Philippines, where many locals are underserved by traditional financial institutions. Cashwagon's AI-powered evaluation algorithms have sped up the loan approval process helping to drive strong demand for its partners' loan products and providing customers with a hassle-free application process and quick turnaround. Cashwagon, together with its partners, offers access to free trial products to individuals who have not used Cashwagon's platform before, providing them with the financing options that they need.   Mr Maxim Chernuschenko, CEO and Founder of Cashwagon, said: "For the local people, securing credit is very difficult because they are often turned away from traditional financial institutions.  They are not getting access to the financial resources that they need, and this is what our instalment loans help with. We're glad to be able to bring financial inclusion to those in Indonesia, Sri Lanka and the Philippines. We're excited to provide our Vietnamese market with access to instalment loans in early ......read more

Hugill & Ip Solicitors Joins the #IAmAndIWill Campaign in Support of the Asian Fund for Cancer Research

HONG KONG, CHINA - Media OutReach - 31 January 2020 - World Cancer Day is an initiative that unites the global community and highlights efforts worldwide to reduce the cancer burden, promote greater equity and integrate control of the disease into the international health and development agenda.   At the start of the millennium, 4 February was declared World Cancer Day. It began with cancer experts who convened in Paris in 1999. With the year 2000 imminent, the group was determined that the global challenge of cancer not be forgotten in the new century.   The World Cancer Day Charter has now been adopted by over 1,100 international cancer organisations around the world, including the Asian Fund for Cancer Research (AFCR). Under the guidance of the Union for International Cancer Control since 2006, World Cancer Day has grown into a positive movement for everyone, everywhere to unite under one voice, building an alliance against "fear, ignorance and complacency."   Since the creation of World Cancer Day, incredible progress has been made against the disease in many areas, including increased political will, technological advancements, research breakthroughs and greater public understanding of the disease. However, there is still much more to be done. Indeed, in 2019 the World Health Organization cited non-communicable diseases, including cancer, as one of the top ten threats to global public health.   This year 4 February marks the 20th anniversary of World Cancer Day. It will be a year to accelerate the reduction of unnecessary cancer deaths and to achieve equal access to cancer care for all. Actions, big and small, to combat cancer will lead to powerful progress in reducing the global impact of the disease. Every individual and organization can commit and make a difference toward the creation of a cancer-free world.   Throughout the month of February, Hugill & ......read more

DHL Global Forwarding Certified Top Employer 2020 in the Middle East

DHL Global Forwarding recognized for excellence in  HR best practices in Iraq, Kuwait, Turkey and United Arab EmiratesCertification affirms the market leader's strategy to deliver expert logistics services by investing in the best team of freight forwarding experts DUBAI, UAE - Media OutReach - January 30, 2020 - DHL Global Forwarding, the leading provider of air, ocean and road freight services, is certified Top Employer 2020 in Iraq, Kuwait, Turkey and United Arab Emirates. The certification, awarded by Top Employer Institute, attests to DHL's achievement in implementing best practices, focused on fostering a positive work environment and encouraging its employees' personal and professional development.   "I'm a huge believer that anything is possible with a strong team. We love our people and they are passionately driving our business growth. As our best assets, they form the cornerstone of our success. By building a motivated and well-engaged team with the right skill sets, values and winning mindsets, we can count on them to deliver their best for our customers." said Amadou Diallo, CEO, DHL Global Forwarding, Middle East and Africa.   The HR Best Practice Survey conducted by the Top Employers Institute is designed to identify companies demonstrating a continuous commitment to empowering their employees for a better world of work. Primarily, it looks into key areas within the organization including talent strategy, talent acquisition, learning and development, performance management, leadership development and culture.   Eva Mattheeussen, Head of Human Resources, DHL Global Forwarding Middle East and Africa said, "This is an important milestone for us because it recognizes what we've achieved in the Middle East, and proves that we are on the right track to building motivated and successful teams. We are always open to new ideas and ways to enhance the work culture wit ......read more

Malaysia Aviation Group Employees Join Hands to Assist Taal Volcano Eruption Victims

KUALA LUMPUR, MALAYSIA - Media OutReach - 30 January 2020 - In response to an appeal by the Manila Airport Operations Council (AOC) to airlines for support towards its "One for Taal" mission following the recent eruption of Taal Volcano, the Malaysia Aviation Group (MAG) today transported more than 15,000 inflight blankets for victims around the area. MAG has also organised a donation drive among its employees to donate cash or collect essential items which will be channelled via the AOC among the 150,000 people who have been displaced and are now finding shelter at various evacuation centres.   The airline has also reached out to MERCY Malaysia, a local humanitarian organization that provides medical and humanitarian services locally and abroad, to offer them with suitable travel arrangements, either by flying in volunteers or in assisting the transportation of emergency relief items should it be required.   Malaysian Aviation Group Chief Executive Officer, Captain Izham Ismail expressed, "Malaysia Airlines enjoys strong relationship with the airline and airport communities since we began our operations into Manila back in 1974. Our pilots, including myself, attended the Philippine Aviation School which is located near Lake Taal for our first training. Despite being from a foreign country, we were welcomed by the people of Luzon with their warm hospitality during our cadet years. My heart remains close to the people in the community as I know the difficulties they face there daily. With that, similar to our contribution for Australia, I am also pledging a MYR1 contribution from ticket sales of each passenger flown by Malaysia Airlines for the month of January 2020 to be donated to the people of Taal. It is more than just a responsibility to support our fellow ASEAN neighbours in their time of need. This contribution is made possible not without the strong support of Malaysia Airlines' customers who have con ......read more

GBG broadens the fight against modern day financial crime with layered anti-fraud defence platform

Machine learning, orchestration and improved fraud detection accuracy capabilities designed to de-risk Asia’s fast-evolving digital onboarding needs for growing financial institutions SINGAPORE - Media OutReach - 30 January 2020 - GBG (AIM:GBG), the global technology specialist in fraud & compliance management, identity verification and location data intelligence, today announced the launch of four fraud solutions, including its flagship Instinct Hub now as a platform solution. Businesses across the globe are enabled to onboard quality customers more swiftly, while simultaneously protecting their organizations and their customers against losses from fraud and financial crimes in an increasingly complex digital landscape. "Nearly one in two enterprises in Asia Pacific are falling victim to fraud, money laundering, or other forms of financial crime[1]. Financial institutions find themselves facing unprecedented diversity of application and transactional channels -- from branch to online and e-wallets. These channels and criminal activities are evolving at a speed and complexity that these enterprises, and the financial institutions that support them, are hard-pressed to keep up with," said June Lee, Managing Director of APAC, GBG. "To aid in that fight, GBG offers a layered digital fraud and compliance solution which unifies data across vertical silos to improve financial crime detection accuracy across the customer journey. Straight through process across identity verification (KYC/AML) onboarding and transaction phases onboard good actors faster; coupled with machine learning it all in all increases online fraud detection by 30 percent and reduces false positives by up to 20 percent -- giving business leaders a truly holistic approach to defending their customers and de-risking their organizations." GBG's fraud and compliance management product suite is accredited by Chartis as best of breed anti money la ......read more

Chinachem Group donates movie tickets to the elderly to promote community for all ages development

HONG KONG, CHINA - Media OutReach - 29 January 2020 - To encourage our senior citizens to integrate into the community and show gratitude for their contributions to society over the years, the Chinachem Group (the Group) is offering free movie tickets for the seniors of the Yan Oi Tong Woo Chung District Elderly Community Centre in Tuen Mun. Over 5,000 free tickets are expected to be given out for their enjoyment. The Chinachem Group's Paris London New York Milano Cinema expects to donate more than 5,000 morning show movie tickets to elderly people aged 60 or above in Tuen Mun District.   From December 2019 until May 2020, the Group's Paris London New York Milano Cinema, located at Tuen Mun, is donating morning show tickets to elderly people aged 60 or above at the Community Centre to help them integrate more into the community. Through these movie mornings, it is hoped that they can enjoy their leisure time with friends and enrich their lives. Around 1,400 tickets have been given out in the first two months. The Group has always been dedicated to giving back to society and building a more livable environment for the next generation. In addition to making charitable donations, the Group integrates the concept of sustainability and community for all ages into its core business and promotes the development of art.About Paris London New York Milano CinemaParis London New York Milano Cinema has been a popular entertainment venue in Tuen Mun District for 30 years, having opened for business in 1989. It is a wholly owned cinema under Chinachem Group. The cinema has four houses and a total seating capacity of 1,046. It is equipped with advanced digital cinema equipment and comfortable seating, offering audiences premium visual and audio enjoyment.Chinachem GroupChinachem Group is a leading property developer based in Hong Kong, with a real estate pedigree dating back to the 1960s. Today, we develop residential, commercial, retai ......read more

Former New York University President John Sexton will be Asian University for Women’s 2020 Commencement Speaker; an Indian economist, a Pakistani actress, and a Swiss educator will receive honorary degrees

CHITTAGONG, BANGLADESH - Media OutReach - 23 January 2020 -  Professor John Sexton, a U.S. national, who served as the fifteenth President of New York University (NYU) and whose vision and leadership led to the creation of New York University Shanghai and Abu Dhabi campuses, will be the Commencement Speaker at the Eighth Commencement of the Asian University for Women (AUW) in Chittagong, Bangladesh on Saturday, May 9, 2020.  A law professor, who also served as Dean of NYU Law School, John Sexton is the author of the leading American casebook on civil procedure as well as several other books, including, Baseball as a Road to God: Seeing Beyond the Game and Standing for Reason: The University in a Dogmatic Age. Professor Sexton will be awarded an honorary Doctor of Humane Letters at the Commencement. John Sexton  Andrea Schenker-Wicki  Gita Gopinath  Meesha Shafi Three others will receive honorary degrees from the Asian University for Women during the Commencement Proceedings.  Andrea Schenker-Wicki, a Swiss national, who serves as the President of the University of Basel, will receive a Doctor of Laws; Gita Gopinath, who was born in Kolkata and serves as the first female Chief Economist of the International Monetary Fund (where she is on leave from her position as John Zwaanstra Professor of International Studies and Economics at Harvard University) will receive a Doctor of Laws; and Meesha Shafi, the noted Pakistani actress and singer who made her film debut in the Hollywood production of A Reluctant Fundamentalist, will receive a Doctor of Arts. AUW expects that 123 students from 12 countries will graduate at the Eighth Commencement. The Eighth AUW Commencement will be chaired by AUW Chancellor Mrs. Cherie Blair, CBE, of the United Kingdom and AUW Chairman of the Board of Trustees Dr. Dipu Moni (who is also the Bangladeshi Minister of Education). Professor Nirmala Rao, OBE ......read more

F1® Delta Time auction for "China Edition 2019 Azure Dragon" race car NFT celebrates Chinese New Year

HONG KONG, CHINA - Media OutReach - 23 January 2020 - Animoca Brands and F1® Delta Time are thrilled to announce the auction for the ultra-rare "China Edition 2019 Azure Dragon", the latest official Formula 1® (F1®) non-fungible token (NFT) digital collectible race car. In celebration of the Chinese New Year, the auction will start on 23 January 2020 at 3 am (GMT) and end on 31 January 2020 at 3 am (GMT). See www.F1DeltaTime.com for auction details.   The "China Edition 2019 Azure Dragon" NFT is the first of the F1® Delta Time "Four Guardians" race cars. The Azure Dragon (Qinglong in Chinese) is a mythological creature representing the East and the season of spring. The "China Edition 2019 Azure Dragon" digital collectible is extremely rare as only one will ever be made available.   The black and azure livery of the "China Edition 2019 Azure Dragon" is embellished by two gold dragons, each holding square-holed Chinese coins that represent great wealth for the car's owner. Photos of the "China Edition 2019 Azure Dragon" are available at https://www.animocabrands.com/f1deltatime-auction-azure-dragon.   The other three cars in the "Four Guardians" limited series, namely "White Tiger", "Black Tortoise", and "Vermillion Bird", will be released in the coming months. The "Four Guardians" race cars are based on the four mythological symbols of China, which are the guardians of the four cardinal directions.    In F1® Delta Time there are 5 rarity and power levels for cars: Apex, Legendary, Epic, Rare, and Common, with Apex being the most scarce. Each race car in the "Four Guardians" series is of the Apex level and completely unique.   The top-level performance indices of the "China Edition 2019 Azure Dragon" make this car a ferocious contender on any race circuit and a fitting tribute to the legend of the A ......read more

New Economist Intelligence Unit (EIU) study finds a need for more balanced regulation to protect innovation and societal benefits

The increased pace of technological change is making it difficult for regulators to keep upA knee-jerk regulatory reaction that results in an outright ban on technologies in response to disruptive forces can stifle innovationRegulators need to take a measured approach that balances societal concerns with stakeholder and industry consultation, informed debate and factual analysis TOKYO, JAPAN - Media OutReach - 23 January 2020 - The speed to technological disruption is making it difficult for regulators to keep pace but regulatory response needs to be measured in order to protect innovation, according to a new report from The Economist Intelligence Unit. A fine balance: Regulations and the societal benefits of disruptive technologies is a new research report sponsored by Philip Morris International (PMI). The report examines how best to balance the introduction of new regulation with the societal benefits of new technology through industry case studies and in-depth interviews with senior executives and academics. It includes two case studies--one on the development and impact of regulation on electric scooters and the other on the introduction and use of blockchain technology in rural finance.   The report finds that disruption typically results from friction caused by the introduction of a new technology that makes accepted ways of doing things obsolete. This change can cause fear among segments of society around issues like job security and the loss of tradition. Disruption is not a new thing, and technology that creates more efficient ways of doing things has helped the world progress for hundreds of years. However the pace of such change has become much faster, and regulators have found it difficult to balance societal concerns with societal benefits given the greater speed and the increased scale and scope of the impact from new technology, according to the report.   Starting with ......read more

Par-Tee like Royalty at Holey Moley’s VIP Booths in Singapore’s Main Party Zone

SINGAPORE - Media OutReach - 23 January 2020 - Holey Moley, Singapore's 1st mini golf bar, is shaking things up in 2020 -- this time, with sleek VIP Booths.  Thanks to Holey Moley Clarke Quay, mini golf is no longer a sport for retirees. In late 2018, Singapore was introduced to a brand-new concept -- indoor putt-putt on the booze! Throw in catchy tunes, live DJs, elaborate cocktails, countless #instaworthy spots, bright neon lights, 27 quirky themed holes and you've got yourself an iconic hangout spot unlike any other. Customers can enjoy golf packages from $16 per pax or even host social events like corporate team building, birthday parties and hen's parties. Not to mention the mini golf bar also has various venue promos and deals on food and golf all week long for anyone who needs to putt loose. But that's not all. With Holey Moley's VIP Booths, Singapore's one & only mini golf bar is determined to keep the its party space fresh and happening.  Mini Golf Meets Glitz & Glamour  With VIP Booths, guests be able to bask in the whimsical ambiance of Singapore's first mini golf bar with a fancy booth all to themselves. In addition to VIP check-in, guests get a tab to spend on premium liquors from The Caddyshack Bar and food items specially prepared by Holey Moley's very own gourmet kitchen. These include their Fresh as a Birdie cocktail, Monster Gold Burger, and 1 Metre Mega Pizza. Holey Moley will also deploy their dedicated wait staff (host and table service) to give all VIPs a truly elite experience. Rates start from $788++ for 8 guests. All guests will get 2.5 hours of exclusive access to the VIP booth and services. Bringing Putt-ty Time to the Lion City Holey Moley Clarke Quay teed off with a bang. The mini golf bar took over Shanghai Dolly's old spot along River Valley Road in late 2018 and enacted a 2-storey funhouse of mini golf, cocktails and gourmet food ......read more

ESR achieves APAC's first WELL Gold Certification for logistics real estate and attains LEED Gold certification in South Korea

SEOUL, SOUTH KOREA / HONG KONG, CHINA - Media OutReach - 23 January 2020 - ESR Cayman Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), the leading pan-Asia logistics platform and the largest owner of logistics stock by GFA and the largest development pipeline in the Seoul Metropolitan Area, has received APAC's first WELL Gold Certification with the Bucheon Logistics Park in South Korea from International WELL Building Institute's (IWBI) WELL Building Standard (WELL), for its outstanding achievements in creating a work environment that promotes health and wellness.In addition to WELL, the Bucheon facility, together with the Goyang Logistics Park, have both attained the Leadership in Energy and Environmental Design (LEED) Gold Certification for their environmentally friendly initiatives.Thomas Nam, CEO of ESR-Kendall Square, ESR's South Korean platform, remarked, "Accelerating e-commerce growth has spurred a rising demand for modern, large-scale logistics facilities in the country, in particular among multinational companies and major local corporations, for which sustainability is an increasingly prime consideration. In meeting this growing need, we have taken the initiative to provide sustainable, high-performing facilities for our clients. "We are very proud to be the first logistics property developer in APAC to be awarded the WELL Gold certification. Together with the LEED Gold certification, these accolades are a testament to our enduring commitment to promoting sustainability and providing best-in-class logistics properties that help our people and our clients thrive."WELL, a globally recognised performance-based rating system, assesses building design and performance for human health and wellness in work environment. The Gold certification process has stringent focus on ten key factors: air, water, nourishment, light, movement, thermal comfort, sound, materials, mind, and community with a significant enhancement on the well-being ......read more

Etiqa joins industry lead body NATAS in leading travel excellence as Official Travel Insurer

SINGAPORE - Media OutReach - 22 January 2020 - Etiqa Insurance has been named as the NATAS Official Travel Insurance Partner by the National Association of Travel Agents Singapore (NATAS) from 2020 to 2022. With a vision to be the Travel Insurer of Choice in Singapore, Etiqa is committed to working with NATAS and its members towards sustainable growth and profitability in the travel industry. Amid the development of new technologies and faster innovation cycles in the local market, Etiqa -- the insurance arm and a member of Maybank Group - recognises the need for significant partnerships to build an effective ecosystem, and has pledged support to NATAS and its members to strive towards service excellence, agility and the delivery of quality customer experiences. "Outbound departures by Singapore residents had crossed the 10 million mark in 2018 and will heighten in the next few years. NATAS has always been a strong advocate of travel insurance and believes that a comprehensive travel insurance is fundamental to smart travelling. The association is excited to partner Etiqa Insurance to effectively drive this message across to all travellers via the biannual NATAS Travel Fairs and various marketing outreach initiatives. Beyond the NATAS Travel Fairs, we envisage this collaboration to unlock new possibilities in strengthening the value propositions of the travel agency community," remarked Mr Steven Ler, President of NATAS. The upcoming NATAS Travel Fair (Travel 2020) is set to be from 21 to 23 February at Singapore Expo Halls 4B and 5. Each fair draws over 100,000 visitors on average, bringing together a host of outbound travel agents, national tourist organisations, airlines, hotels and other travel-related services.  "We are honoured to be named the NATAS Official Travel Insurance Partner and appreciate the opportunity to work collaboratively with the players in this key economic service industry. From t ......read more

Trend Micro Creates Factory Honeypot and Traps Malicious Attackers

Six-month investigation results can help inform protection strategy for industrial environments HONG KONG, CHINA - Media OutReach - 22 January 2020 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced the results of a six-month honeypot imitating an industrial factory. The highly sophisticated Operational Technology (OT) honeypot attracted fraud and financially motivated exploits.   The six-month investigation revealed that unsecured industrial environments are primarily victims of common threats. The honeypot was compromised for cryptocurrency mining, targeted by two separate ransomware attacks, and used for consumer fraud.   "Too often, discussion of cyber threats to industrial control systems (ICS) has been confined to highly sophisticated, nation-state level attacks designed to sabotage key processes. While these do present a risk to Industry 4.0, our research proves that more commonplace threats are more likely," said Greg Young, vice president of cybersecurity for Trend Micro. "Owners of smaller factories and industrial plants should therefore not assume that criminals will leave them alone. A lack of basic protections can open the door to a relatively straightforward ransomware or cryptojacking attack that could have serious consequences for the bottom line."   To better understand the attacks targeting ICS environments, Trend Micro Research created a highly realistic, industrial prototyping company. The honeypot consisted of real ICS hardware and a mix of physical hosts and virtual machines to run the factory, which included several programmable logic controllers (PLCs), human machine interfaces (HMIs), separate robotic and engineering workstations and a file server.   Trend Micro urges smart factory owners to minimize the number of ports they leave open and to tighten access control policies, among other cybersecur ......read more

Thailand’s SEC Grants License to Crypto Exchange Platform Zipmex

SYDNEY, AUSTRALIA - Media OutReach - 22 January 2020 - Asian cryptocurrency exchange platform, Zipmex, has gained the license to provide digital assets and exchange services in Thailand, following a 12-month wait.   Headquartered in Singapore, the trading platform currently operates in Indonesia and Australia, standing at a current valuation of $18 million after having raised $5 million to date. The bitcoin trading license follows Zipmex's $3 million pre-Series A funding round just last September, led by Infinity Blockchain Holdings. Zipmex Expands Operations into Thailand, Heating Up Competition Following reports that only four out of a total of 20 cryptocurrency firms were granted the same license in early 2020, Zipmex now joins the growing list of firms operating in Thailand. The other four newly licensed firms are Bitcoin Exchange, Bitkub Online, Satang Corporation, and Huobi Thailand. At the same time, it should be noted that two other firms - Cash2coin and Southeast Asia Digital Exchange - were rejected from their applications , due to "inconsistent'' Know-Your-Customer (KYC) and Anti-Money Laundering processes. Ever since Thailand's SEC began regulating under its Emergency Decree in Digital Asset Business B.E. 2561, only a few firms have been granted the green light following its prudent regulatory requirements. Having begun the process early in 2019, Zipmex had to meet several stringent conditions prior to receiving the green light from Thailand's Ministry of Finance and SEC. One of them necessitated a shareholder equity of at least $1.6 million (approximately 50 million baht). Attaining the regulatory nod from Thailand's Securities and Exchange Commission (SEC) puts the young Asian cryptocurrency firm on the global map, adding credibility to their remarkable growth in present time. Nothing short of a major achievement for the young crypt ......read more

Sunrise SKYWALKS launched for one weekend only to celebrate Lunar New Year from Sydney’s ultimate viewpoint

Take Lunar New Year celebrations to new heights with a Sydney Tower Eye sunrise SKYWALK and more High resolution images available here  SYDNEY, AUSTRALIA - Media OutReach - 21 January 2020 - Get ready to set your alarm clock, because for one weekend only - Saturday 25th and Sunday 26th January -- Sydney Tower Eye will host a series of sunrise and early morning SKYWALK sessions to bring in the Year of the Rat (otherwise known as 'Yang') which symbolises the beginning of a new day! The first 90 minute Sunrise SKYWALK kicks off at 5.30am and will offer guests the ultimate viewpoint of Sydney's spectacular sunrise. Step out onto the outdoor platform at the crack of dawn whilst the city below sleeps, and absorb 360-degree views of Sydney and beyond as the first rays of sun emerge, making for the ultimate photo opportunity. You'll also be joined by Caishen, the Chinese God of Fortune, who is said to bring good luck and wealth for the new year to the people he encounters. Early morning SKYWALKS following at 6.00am, 7.30am and 8.00am promise to set the tone for the day ahead as you start your day on a high. PLUS, the first 100 people to book in their SKYWALK during the Lunar New Year weekend will receive a limited edition LNY 2020 red cap as a memoir of their unique experience. Complementary Chinese tea will also be served to SKYWALK guests on the Observation Deck at the end of the experience. There's limited spots available, so be sure to book online and secure your spot. For those looking for a sky-high experience without the adrenalin rush, Lunar New Year celebrations continue indoors as the Observation Deck transforms from the 18th January -- 2nd February to bring in the Lunar New Year with free activities, photo opportunities and giveaways for all: Kick off your visit with good fortune with complementary lucky candy and fortune cookies with your ticket purchase on-site.Meet and greet the ......read more

GrabLucky Brings Digital HongBao to Telegram for CNY Giveaway

"$18,888 worth of Digital HongBao Packets to be Given Away this Chinese New Year to GrabLucky's Telegram community" SINGAPORE - Media OutReach - 21 January 2020 - GrabLucky is launching big by giving away digital Hongbao (lucky packet gifts based on Chinese tradition) to its Telegram community in an effort to encourage more users to send and receive digital currencies such as Bitcoin.   To participate, users need to join the GrabLucky Telegram group and grab the randomly-distributed HongBao as it appears.   The Chinese New Year campaign, which kicks off on 24th January 2020 and lasts till 2nd February 2020, will be the first major HongBao give away outside of China.   However, unlike its Chinese counterpart, GrabLucky has introduced a points system, called GrabChance, which is required to collect the e-lucky packets. While users will be given 20 default GrabChances upon joining, more can be earned upon completing various tasks, which includes sending an HongBao of their own. Image Credit: GrabLucky   Hundreds of HongBao will be given away daily during the campaign period, with the biggest prize of SGD 8,888 to be eligible to users who have acquired at least 20,000 GrabChances. Top 3 grand prize winners will be announced on 4th February 2020.   CEO Mr. Lam says "We would like to celebrate the Lunar New Year by sharing the gift of prosperity to everyone." He continues, "Our Telegram bot was created to foster the growth of Telegram communities while showing everyone how easy it is to own cryptocurrencies".   Users can join the fun and win GrabLucky HongBao by first downloading Telegram messenger on their mobile phones and then clicking on this link: https://t.me/GrabLucky About GrabLuckyGrabLucky is a Telegram bot that uses the concept of HongBao (Lucky Packets) based on Chinese tradition. With GrabLucky, you can now send and receive digital cu ......read more

Allianz Risk Barometer 2020: Business interruption and natural catastrophes remain top risks amongst China companies

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries, including ChinaBusiness interruption ranks #1 for third consecutive year and remains a key challenge with digitalization and civil unrest creating new causes of disruption and loss of incomeNatural catastrophes remains at #2 despite economic losses arising from nat cats declining by 20% globallyCyber incidents and market developments are tied at the third spot while climate change debuts in the top 10 at #5 SHANGHAI, CHINA - Media OutReach - January 21, 2020 - For the third consecutive year, Business Interruption (30% of responses) ranks as the most important business risk for Chinese companies in the ninth Allianz Risk Barometer 2020. Natural catastrophes remains at (#2 with 26% of responses) while rounding up the top three is Cyber incidents and Market developments tied at the third spot (24% of responses.) The annual survey on global business risks from Allianz Global Corporate & Specialty (AGCS) incorporates the views of a record 2,718 experts in over 100 countries including CEOs, risk managers, brokers and insurance experts.   Business interruption -- an undiminished threat with new causes After seven years as the top risk globally, BI drops to the second position but maintains top spot in China in the Allianz Risk Barometer reflecting the continuing trend for larger and more complex BI losses. Causes are becoming ever more diverse, ranging from fire, explosion or natural catastrophes to digital supply chains or even political violence. In Australia, the total damage and economic loss caused by wildfires from September 2019 and into 2020 is estimated to cost $110 billion[1].   Businesses are also increasingly exposed to the direct or indirect impact of riots, civil unrest or terrorism attacks. Escalating civil unrest in Hong Kong has resulted in property damage, BI and gen ......read more

Executive Appointment: Tarek El Nahas to Join Mashreq as Head of International Banking

DUBAI, UAE - EQS Newswire - 20 January 2020 - Mashreq, one of the leading financial institutions in the UAE, has appointed Tarek El Nahas as its new Head of International Banking Group.   Tarek spent 25 years at Citibank, most recently as the Head of Corporate and Investment Banking for North Africa, Egypt and Levant, managing teams across 6 countries in the MENA region. He has held several senior roles in Egypt, Algeria and the UAE and has extensive experience across a wide range of disciplines, including corporate finance, investment banking, derivatives and structured products, commercial banking and corporate banking. Tarek's wholesale banking experience extended to working with large corporates, financial institutions, sovereigns and the public sector. Tarek has a BA in economics and political science from the American University in Cairo and a MSc in economics from the London School of Economics.   Commenting on the appointment, Ahmed Abdelaal, CEO, Mashreq Bank, said, "I am delighted to welcome Tarek to the Mashreq family. Our legacy has been built upon a commitment to developing our leadership capabilities and as we look to grow our international presence Tarek's experience will be invaluable.   "Tarek will take over from Jan-Willem Sudmann later this month. Jan played a pivotal role in the success of Mashreq's international banking story for the last 4 years. We wish Jan good luck and gratitude for his service to Mashreq."   Tarek El Nahas, added: "I am excited to be joining Mashreq. Mashreq is recognized for innovation and service excellence and with my regional experience, I look forward to collaborating closely with my new colleagues to enhance the banks customer experience and creating further inroads to the international business group for Mashreq. Image link: https://imgur.com/Jrtofq4 About Mashreq:One of the UAE's best performing banks for fiv ......read more

Angola Shadow State Executives Imperil Privatisation Agenda

Specialist risk intelligence firm EXX Africa publishes a new report looking into the background of the ongoing anti-corruption campaign in Angola. The full report is available on request and key findings are presented below.  LONDON, UK - Media OutReach - 20 January 2020 - EXX Africa publishes a special report on Angola shadow state executives who imperil the country's privatisation process. Using a high-profile anti-corruption campaign as a distraction, the Angolan political and business elite is once again deeply entrenched in embezzling funds from Sonangol contracted services. Ongoing trials and investigations in Angola display a lack of judicial due process and government bias in politically motivated targeted prosecutions, as well as public tarnishing of senior judges and prosecutors. This pattern bodes ominously for the IMF-backed privatisation agenda in which the ruling elite will seek lucrative stakes in state assets through opaque financing structures. The transition of political power in Angola has failed to root out entrenched state corruption over the past two and a half years, while the current government is engaged in new forms of fraud and embezzlement of state revenues. For any further comment or a full copy of the report, please contact info@exxafrica.comThe issuer is solely responsible for the content of this announcement.About EXX AfricaEXX Africa is a specialist intelligence firm providing analysis and forecasts on political, security, and economic risk across all African countries. The company was founded in 2015 and has since become a leading risk advisory and consultancy with a broad network of clients ranging from DFIs, banks, traders, corporates, and insurers, to governments and military forces worldwide....read more

Future-ready with 5G: Speed for consumers, innovation for advertisers in South East Asia

New Verizon Media study finds excitement spreading for 5G in the regionConsumers looking forward to faster data transfer speeds, spectacular video streamingAdvertisers waiting to explore more immersive ad formats, enhanced content production SINGAPORE - Media OutReach - 20 January 2020 - Verizon Media today shared findings from its 5G Advertiser and Consumer Outlook Study SEA 2020*. The study conducted with Publicis Media's Data Science division, surveyed over 600 consumers and 140 marketing professionals from Singapore, Malaysia, Indonesia and the Philippines -- countries that are targeting to launch commercially viable 5G networks as early as 2020.   The study examines how both consumers and advertisers expect 5G to transform experiences in the very near future. "Excitement about 5G is spreading across the region, both among consumers and advertisers. This study shines light on what consumers are most looking forward to in a 5G world and the emerging opportunities for advertisers to leverage 5G in new and exciting ways to connect with audiences," said Francis Fung, Senior Insights Manager, International Consumer Growth Marketing, Verizon Media.   Among the respondents surveyed, 92% had heard about 5G, while 53% said they were 'extremely excited' about the technology. However, despite the awareness surrounding 5G, the actual benefits it will bring still remains a mystery for SEA's consumers and marketers. Only 32% and 20% respectively indicated they were 'at least moderately familiar' with the benefits of the technology.   What consumers want most in a 5G world Respondents had clear expectations on what they would like to gain from the implementation of 5G.   Speed is a clear winner: Faster data transfer speeds came out on top, with 78% of respondents citing it as the benefit they are most looking forward to and with good reason -- with 5G, downloading a full HD ......read more

Angola Shadow State Executives Imperil Privatisation Agenda

Specialist risk intelligence firm EXX Africa publishes a new report looking into the background of the ongoing anti-corruption campaign in Angola. The full report is available on request and key findings are presented below.  LONDON, UK - Media OutReach - 20 January 2020 - EXX Africa publishes a special report on Angola shadow state executives who imperil the country's privatisation process.   Using a high-profile anti-corruption campaign as a distraction, the Angolan political and business elite is once again deeply entrenched in embezzling funds from Sonangol contracted services.   Ongoing trials and investigations in Angola display a lack of judicial due process and government bias in politically motivated targeted prosecutions, as well as public tarnishing of senior judges and prosecutors.   This pattern bodes ominously for the IMF-backed privatisation agenda in which the ruling elite will seek lucrative stakes in state assets through opaque financing structures.   The transition of political power in Angola has failed to root out entrenched state corruption over the past two and a half years, while the current government is engaged in new forms of fraud and embezzlement of state revenues.   For any further comment or a full copy of the report, please contact info@exxafrica.comThe issuer is solely responsible for the content of this announcement.About EXX AfricaEXX Africa is a specialist intelligence firm providing analysis and forecasts on political, security, and economic risk across all African countries. The company was founded in 2015 and has since become a leading risk advisory and consultancy with a broad network of clients ranging from DFIs, banks, traders, corporates, and insurers, to governments and military forces worldwide....read more

A Good Start to 2020 - Desay SV Singapore received the Vehicle Safety Assessment (Milestone 1) Approval to test autonomous vehicles in Singapore

SINGAPORE - Media OutReach - 20 January 2020 - For multinational automotive electronics innovator, Desay SV Automotive (Desay SV), 2019 ended with good news leading to a good start for 2020. Desay SV Singapore was successfully awarded in November 2019, the Vehicle Safety Assessment (Milestones 1) license by the Singapore Land Authority of Transport (LTA) and The Centre of Excellence for Testing and Research of Autonomous Vehicles (CETRAN). The M1 license permits Desay SV to carry out Autonomous Vehicle (AV) trials for unmanned vehicles within approved One-North test routes under an actual traffic environment.   Singapore is looking to be the leading global hub in the development of autonomous vehicle technology by exploring ways to leverage the latest AV technology for its land transport system. The launch of CETRAN in August 2016 - a 2-hectare test facility developed by LTA, NTU and JTC -- sees Singapore's efforts to spearhead the development of testing requirements and technology for AVs. With this enabler, LTA is able to work with partners to deploy new AVs technologies safely on the public roads. For Desay SV, this is an opportunity as the company chose to set up its first overseas R&D Research Division last year in Singapore to exclusively develop frontier technologies in Level 4 and Level 5 vehicle autonomy and automotive cybersecurity in collaboration with the Economic Development Board (EDB).   With the award of M1 license, in which Desay SV has successfully passed the first stage road tests (out of three stages), thus allowing its test vehicles to be tested on authorized public road for AVs tests. Desay SV can look forward to executing its plan to meet the second stage road tests for Milestones 2 license, where Desay SV's test vehicle will be assessed on advanced autonomy technologies and safety on designated public roads....read more

Rododo - Three Great Years of Hotpot/Steamboat’s Success Story: While Setting a New Record in Taiwan’s 100-years-old F&B Industry

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 January 2020 - Under the slogans as "The best Hotpot/Steamboat service in Taiwan's F&B industry", "The incredible rapid expansions" and "The unimaginable large meat portion offerings ".  Rododo Hotpot/steamboat has set many records in Taiwan's F&B industry.  Also known for "The fastest development of any company operated restaurant chain", "The highest restaurant opening success rate in this industry", "The fastest single brand to reach annual revenue of $33 million USD total sales", and "The highest demand for new restaurant managerial positions". Opening of the first Rododo Hotpot/Steamboat overseas in Kuala Lumpur. Mr. David Hsu, Director of Economic Division, Taipei Economic and Cultural Office in Malaysia, and two economic secretaries, Mr. Samuel Ko and Mr. Greg Lee have been invited to sample the hotpot and provide their comments. On November 22, 2019, Rododo Hotpot/Steamboat opened its first international restaurant in Kuala Lumpur, Malaysia, and is planning for continue expansion of new restaurants into Japan, Korea, China, Hong Kong, Macao, Singapore, US and Canada markets in the very near future.     During rapid expansion in 2018, with its 27 company operated restaurants in the market, already generated $40 million USD revenue. At present moment, its 34 company operated restaurants systemwide is expected to generated approximately $50 million USD in annual revenue. While Rododo Hotpot/Steamboat focusing on International expansion, also evaluating market such as Kuala Lumpur for acceptance of Taiwan's brand.   Rododo Hotpot/Steamboat's rapid development of company operated restaurants means more opportunities for its managerial staff to be exposed and be able to acquire International business operation know-hows.  The first Rododo's overseas restaurant in Kuala Lumpur highlights ready-to-eat Sichuan Spicy Hotpot/St ......read more

China Dongxiang Announces Operational Results for Q3 and the First Nine Months of FY2019/20

Accumulated Retail Performance Recorded Sustained Growth Implementation of Direct-franchise Operation Model Achieved Initial Success   HONG KONG, CHINA - Media OutReach - 17 January 2020 - The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. ("China Dongxiang" or "the Company", together with its subsidiaries, "the Group", HKEx stock code: 3818) announces the operational data for the three months ended 31 December 2019 (''FY2019/20 Q3'') and the nine months ended 31 December 2019 (''First Nine Months of FY2019/20'').   For the FY2019/20 Q3, the retail performance of Kappa stores (excluding Kappa kids' apparel business and Japan business) for the overall platform registered a low-teen growth on a year-on-year basis, of which the off-line business recorded a mid-single-digit growth and the e-commerce business recorded a low-forties growth. The retail performance of the overall platform for the First Nine Months of FY2019/20 registered a low-teen growth on a year-on-year basis, of which the off-line business recorded a mid-to-high single-digit growth and the e-commerce business recorded a low-forties growth.   As for the same-store-sales ("SSS"), for the FY2019/20 Q3, in respect of Kappa stores (excluding Kappa kids' apparel business and Japan business) which have been in operation since the beginning of the same quarter the previous year, the SSS for the overall platform registered a mid-to-high single-digit increase on a year-on-year basis, of which the off-line business recorded a mid-to-low single-digit decrease while the e-commerce business registered a low-forties growth. The SSS for the overall platform for the First Nine Months of FY2019/20 registered a mid-single-digit increase on a year-on-year basis, of which the off-line business recorded a mid-to-low single-digit decrease while the e-commerce business registered a low-forties growth. ......read more

Corrective Services NSW Selects Infor to Achieve Critical Workforce Utilisation Efficiencies

Around 7000 rostered staff to benefit from industry-leading cloud platform SYDNEY, AUSTRALIA - Media OutReach - 17 January 2020 - Infor, a global leader in business cloud software specialised by industry, announced that Corrective Services NSW (CSNSW) has chosen Infor CloudSuite Workforce Management to future-proof aspects of its scheduled staff rostering needs through a competitive market process. Infor's comprehensive workforce management solution and associated business process changes will provide efficient and effective staff scheduling procedures, and provide ongoing workforce utilisation efficiencies. Infor's industry-leading workforce scheduling system will deliver a host of benefits to Corrective Services NSW, including: Providing live scheduling monitors in key locations that enhance staff safety and securityContinually adapting its workforce scheduling approach to new business modelsMitigate the risk of potential compliance errors by ensuring team members are rostered and paid in compliance with their respective Public Sector Awards.   The rostering of CSNSW employees is a critical business function that supports 6,885 rostered staff within 109 rostered sites state-wide 24 hours 7 days a week. Rostered staff comprises custodial, industrial, security and intelligence, administration, and clerical employees that attract any form of penalty rate payment during the performance of their duties. These CSNSW employees are situated in correctional centres, courts, operational or support locations across NSW. Infor ANZ Managing Director Jarrod Kinchington said that the complexity of a state-wide workforce demands a flexible and intuitive workforce management system that can be deployed with minimal disruptions to day-to-day activities. "We are thrilled that Corrective Services NSW has chosen Infor for its cloud-based workforce management needs. Our Infor CloudSuite solution will provi ......read more

CCG expands Asia-Pacific presence with Singapore office

HONG KONG, CHINA - Media OutReach - 17 January 2020 - Hong Kong-based communications agency Creative Consulting Group (CCG) has responded to regional growth by launching a Singapore operation at the start of 2020. CCG expands Asian footprint with the opening of a Singapore office.(From left) Belinda Chan, Managing Partner of CCG; Kevin Leung, Director CCG; Penn Leung, Account Director of CCG. Led by Director of CCG Kevin Leung, the Singapore operation will continue to seek new opportunities that make strategic sense not only to grow the group's business, but also provide additional value for their clients. A graduate of the University of Toronto, Kevin has nearly two decades of experiences in financial marketing and publishing industry. Kevin is deeply invested in delivering the optimal one-stop solution and be a trusted service partner to clients from the local and international arenas. Founded by former journalist Belinda Chan in 2001, CCG has been regarded as one of the leading full-service integrated communications consultancies in the region. Adding CCG Singapore will further support their diversified client partnerships and to deliver seamless and quality service. "Our clients are increasingly looking at an integrated, pan-Asian approach," said Chan, managing partner of CCG. "Singapore is a key market in Asia for many multinational companies. With our proven client relationships and diverse capabilities, we are poised for even further growth and footprint expansion under the regional leadership of Kevin." CCG Singapore will provide clients with a range of service including branding, creative development, integrated communications including digital, language, advertising, media relations, coaching and training, and event management services. About Creative Consulting Group (CCG)Founded in Hong Kong in 2001, CCG is a multidisciplinary agency group with a focused expertise in corporate and marketing communicatio ......read more

MSIG’s Latest CNY Advert Pulls On The Heartstrings With Touching Road Safety Story

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 January 2020 - What's New: MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", one of Malaysia's leading general insurers, has produced a sentimental Chinese New Year advert which is aimed at the hearts and heads of Malaysian drivers this holiday season. In the advert, a grandfather asks his grandson to collect a precious "parcel" for him. To ensure the "parcel" arrives safe and sound, he reminds his grandson to get his tyres checked before the trip, stay alert and drive safely. He also cautions his grandson against playing with his phone or speeding while driving to avoid any risk or damage to the special "parcel." When the grandson arrives at his grandfather's, he asks what is in the parcel that is so valuable. At this point, the grandfather sweetly reveals that, all along, what was precious was his grandson who has safely returned home. Mr Chua Seck Guan, Chief Executive Officer, of MSIG Malaysia, said, "Chinese New Year is always one of the busiest times on the roads and unfortunately accidents do happen. That's why we crafted this video which aims to remind people that 'Loved Ones Are Waiting' -- especially during holiday season. We hope it helps people be more mindful and careful on the roads and contributes to improving Malaysia's road safety record in line with MSIG's support for UN Sustainable Development Goal (SDG) 3. We wish our customers and all Malaysians a happy and safe festive period. Gong Xi Fa Cai." Why is this important: As one of Malaysia's leading motor insurers MSIG is committed to road safety. The creation of this emotive advert is one of a number of initiatives that MSIG has embraced in the past year as part of its commitment to UN SDG 3  and its aim to reduce road traffic accidents. What MSIG has announced: MSIG has worked with Plus Community Partnership to create the advert which is viewable on MSIG Malaysia YouTube channel. Previously, MS ......read more

CPA Australia Survey: Tax Reform And Technology Adoption To Bolster China's Stable Economic Growth In 2020

BEIJING, CHINA - Media OutReach - 17 January 2020 - Bolstered by the adoption of emerging technologies and the government's tax and financial sector reforms, most accounting and finance professionals expect China's economy to maintain a stable growth rate of above 5.5 per cent in 2020. In addition, three-quarters expect their company's profit will remain the same or increase, according to the China Economic and Business Sentiment Survey 2020 conducted by CPA Australia, one of the world's largest accounting bodies. From left to right: Mr. Kevin Ng Member of CPA Australia North China Committee ,  Mr. Derek Chan President of CPA Australia North China Committee, Mr. Michael Yu President of CPA Australia East & Central China Committee and Mr. William Huang President of CPA Australia South China Committee Stable and high-quality economic growth Despite short-term headwinds, the survey findings show that accounting and finance professionals are cautiously optimistic in China's economic conditions in 2020, with 76 per cent of respondents forecasting GDP growth of 5.5 per cent or above. The results indicate that a combination of the adoption of emerging technologies and tax and financial sector reforms are helping to boost the economy. Further , over one-third of respondents believe improved China-US relations will also help to improve China's economy, with the easing of trade tensions expected to improve confidence in trade and investment, and make doing business easier. A stable growth rate around 6 per cent in 2020 and high-quality growth driven by investments in emerging technologies will see China remain a key driver, if not the most important driver of global growth in 2020 and beyond. Business resilience Respondents are generally confident in China's business outlook for 2020, with 75 per cent expecting that their company's profit will remain the same or increase , of which 64 per c ......read more

CUHK Business School Research Reveals Strong Link Between Stock Market Liberalisation in Emerging Markets and Increased Innovation

HONG KONG, CHINA - Media OutReach - 17 January 2020 - There is little doubt that the liberalisation of stock markets in emerging markets has been a positive force in the world economic order. One previous study has found that stock market liberalisation leads to a 1 percent increase in a country's annual real GDP growth.   Closer to home, economic reforms in modern China have been hailed as a success leading to the Asian behemoth's rise as a world power.   What is less well understood is how the government removal of restrictions on foreign investors' participation in domestic stock markets promotes economic activity. This is a question posed by a group of researchers, who believe the answer lies in the positive effect of economic reforms on innovation.   One theory has been that stock market liberalisation allows risk to be shared among a greater number of market participants -- and thereby reducing the cost of capital for firms. The problem with that, according to Prof. Wenrui Zhang, Assistant Professor of Department of Finance at The Chinese University of Hong Kong (CUHK) Business School and Prof. Bohui Zhang, Executive Associate Dean and Presidential Chair Professor at CUHK-Shenzhen's School of Management and Economics, is that it fails to explain the magnitude of the benefit.   There has also been a lack of empirical research looking at how innovation -- which tends to involve long-term investment in risky and intangible assets -- works to increase productivity in the wake of the opening up of markets.   "While some studies show that stock market liberalisation leads to an increase in capital expenditure, it is unclear ex ante how stock market liberalisation affects a country's innovative activities," Prof. Wenrui Zhang said.   Innovation as key contributor The study, entitled "Stock Market Liberalization and Innovation," identifies technological in ......read more

The First HKIS Best Development and Conservation Award 2020 is now Open for Application

Surveying Excellence in Development and Conservation HONG KONG, CHINA - Media OutReach - 16 January 2020 - The Hong Kong Institute of Surveyors ("HKIS") is launching the first HKIS Best Development and Conservation Award 2020 ("BDCA"). This year's theme, "Surveying Excellence in Development and Conservation" addresses BDCA as a pioneering award that recognises exceptional achievements and excellence of construction projects related to both development and conservation.   Sr Winnie SHIU, President of the HKIS, said, "It is the first time ever for the HKIS to host an award in the name of the Institute, I am privileged to be the one bringing together the six divisions and paying tribute to the surveyors who have made substantial contributions in sustainable development and conservation."   Not only will the BDCA support the Sustainable Development Goals 2015 set by the United Nations, but also promotes the professional image of surveyors from the various divisions; recognises their untiring efforts contributed to development and conservation; and raises the public awareness of conservation in development projects.   The Award is designed to address the contribution of surveyors from various backgrounds throughout the development cycle, BDCA's five award categories are named after each stage: (1) Planning; (2) Pre-construction; (3) Construction; (4) Sales & Leasing; and (5) Post-occupation.   Sr Alexander Lam, HKIS BDCA 2020 Organising Committee Chairman, added, "The Award focuses on the use and application of surveying knowledge and/or professional expertise across the disciplines in the respective phases within the project development cycle, of which brought about economic, environmental and social sustainability." Key Dates Date Items 16 January 2020 Award Briefing Session & Application Opens ......read more

Nominations For 20th Anniversary Laureus World Sports Awards Announced

Nominees unveiled in seven categories following vote of over 1000 global sports media, with legends of Laureus World Sports Academy to select winnersWinners announced at landmark 20th anniversary Laureus World Sports Awards, which will celebrate a 'Sport Unites Us' theme in Berlin on February 17Apply for media accreditation for the 2020 Laureus Awards at laureus.com/accreditationFor more information and the full list of Nominees, click here BERLIN, GERMANY - Media OutReach - January 16, 2020 - The world's sports media have cast their votes and the Nominees for the landmark 20th Anniversary Laureus World Sports Awards have been confirmed. The greatest sportsmen, sportswomen and teams now have just over a month to wait to see if they have won a prestigious Laureus Statuette at the world's pre-eminent international sports Awards Ceremony in Berlin on February 17.The Nominations List of Laureus World Sports Awards 2020   Three-time Laureus Award winner and world No. 1 tennis star Rafael Nadal is in contention for the Laureus World Sportsman of the Year Award alongside six-time Formula 1 World champion Lewis Hamilton, six-time World MotoGP champion Marc Márquez and six-time FIFA World Footballer of the Year Lionel Messi. Also nominated are Eliud Kipchoge, the first athlete to run a marathon in under two hours and golf legend Tiger Woods, who won his 15th Major Championship at The Masters.      In the Laureus World Sportswoman of the Year category, FIFA Women's World Cup Golden Ball and Golden Boot winner Megan Rapinoe is joined by gymnastic great Simone Biles, track and field stars Allyson Felix and Shelly-Ann Fraser-Pryce, the first Asian tennis player to be ranked No. 1 in the world, Naomi Osaka and US skiing great Mikaela Shiffrin.   FIFA Women's World Cup champions United States Women's Football Team and UEFA Champions League winners Liverpool FC are the football nominees in ......read more

Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 2019/20

HONG KONG, CHINA - Media OutReach - 15 January 2020 - This news release is made by Johnson Electric Holdings Limited ("Johnson Electric" or the "Company") for the business operations and selected unaudited financial information of the Company and its subsidiaries (the "Group") for the nine months ended 31 December 2019.   The Board of Directors of the Company considers the publication of quarterly performance updates to be consistent with international corporate disclosure best practice. The objective of this news release is to provide transparency and to ensure that investors and potential investors receive equal access to the same information at the same time.   The Group's sales for the nine months ended 31 December 2019 were US$2,338 million compared to US$2,436 million for the same period in 2018; a decrease of 4%. Excluding currency movements, sales decreased by 2% to US$2,390 million.   Foreign exchange rate movements had a negative effect of US$52 million on the Group's sales during the period. This was mainly due to the decline of the Euro and Chinese Renminbi versus the US Dollar, comparing average exchange rates for the nine months ended 31 December 2019 to the same period last year.   Automotive Products Group ("APG")   APG's sales for the nine-month period, as reported, decreased by US$27 million or 1%.   Excluding currency movements, APG's sales increased by 1%, an outperformance compared to the 6% decline in global light vehicle production volumes in the same period.  Sales changes by region in constant currency terms were as follows:   Asia decreased 3%Europe was flatAmericas increased 8%   APG's sales outperformance compared to automotive industry production volumes was due to new product launches and production increases including thermal management and braking applications. The division's innovative technolog ......read more

BrickMark signs purchase agreement for the largest ever real estate transaction paid in tokens of a total volume of over CHF 130 million

BrickMark purchases a prime commercial building from RFR Holding in the heart of Zurich's central business district in a share A significant part of the purchase price will be paid in BrickMark tokensThe premium investment property with 1,600 sqm of space in the heart of Bahnhofstrasse has high redevelopment potentialThe BrickMark real estate portfolio will continue to grow quickly with a pipeline of nealy 1 billion in commercial properties mainly in major cities in central europeBrickMark is now positioned as the world's leading blockchain real estate investment firmThe management team combines the experience of more than a century of real estate investment expertise managing over EUR 15 billion of property assets Berlin/Zug - EQS Newswire - 15 January 2020 - BrickMark AG ("BrickMark"), an innovative, high-growth real estate Investment company, today announced that it has signed a purchase agreement about the largest ever real estate purchase using tokens, buying a high profile prime commercial property on Zurich's prestigious Bahnhofstrasse. The transaction volume amounts to over CHF 130 million. The transaction is based on a share deal and initially BrickMark acquired 80% of the shares of Bahnhofstrasse AG with a call option on the remaining 20% within 9 months. The seller of the property is the international real estate investor RFR Holding GmbH ("RFR"). RFR will remain a 20% shareholder in Bahnhoftstrasse AG and will lead the redevelopment process. A considerable part of the purchase price will be paid in BrickMark tokens.The purchase agreement signed by the two parties opens up new dimensions in terms of the size and institutional character of token-financed real estate transactions. "We are breaking new ground for the real estate industry," said Stephan Rind, CEO of BrickMark. "There has never been a token-based real estate transaction of this magnitude. We are implementing what was once no more than a concept in the real estate in ......read more

World’s Largest Annual Feng Shui And Astrology Live Conference by No. 1 Chinese Metaphysics Expert Joey Yap Concludes with Global Audience of 32,000

Participants from over 32 countries attended Joey Yap’s largest conferences in Singapore and Kuala Lumpur Over 32,000 participants attended Joey Yap's annual Feng Shui & Astrology seminar (FSA 2020) this yearJoey Yap shared about the forecasts for the Year of the Metal Rat and shed light on the global economic outlook for 2020 SINGAPORE - Media OutReach - 15 January 2020 - Global best-selling author and world-famous Feng Shui expert Joey Yap successfully held his highly-anticipated annual Feng Shui & Astrology seminar across Singapore and Kuala Lumpur, drawing the largest crowd of over 32,000 participants. Attracting over 8,000 attendees at Resorts World Sentosa in Singapore on 5th January 2020, the FSA 2020 went on to enthral an overwhelming crowd of more than 24,000 enthusiastic fans on 11th and 12th January 2020 in Kuala Lumpur. Participants from over 32 countries have specially made their way to Joey Yap's live conferences to gain valuable insights on the upcoming year from the renowned Feng Shui expert. During the highly successful conferences, Joey Yap shared his wealth of insights on the latest 2020 Feng Shui Outlook, as well as comprehensive forecasts on wealth, career, romance, health and family for each of the 12 zodiac groups. Joey Yap also revealed a useful deep dive analysis of Feng Shui and Qi Men, as well as how one can utilise Qi Men Dun Jia charts to forecast outcomes, and to improve each individual's life for 2020. Joey Yap Feng Shui & Astrology seminar 2020 in Kuala Lumpur Joey Yap Feng Shui & Astrology seminar 2020 in Singapore Joey Yap's first seminar was held almost 24 years ago, with a humble attendance of 8 participants. Since then, his followers have grown by leaps and bounds, and enthusiasts from all over the world have travelled miles to attend his highly-anticipated live conferences every year. "In the span of a week, I've had the honor of speaking t ......read more

Kerry Logistics A Five-Time Winner at the Quamnet Outstanding Enterprise Awards 2019

HONG KONG, CHINA - Media OutReach - 15 January 2020 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) was a proud winner at the Quamnet Outstanding Enterprise Awards ('QOEA') 2019 for the fifth consecutive year, clinching the Outstanding Global 3PL title for the third year running. Presented in Hong Kong last night by leading Hong Kong financial news platform Quamnet, the title secured Kerry Logistics' reputation as a global 3PL with expanding worldwide presence. With the QOEA, Kerry Logistics was commended for its distinction in products and services, brand reputation, philosophy of operation, marketing strategies, sustainable development strategies, accomplishments, corporate social responsibility and unique business philosophy or development.   Alex Ng, Executive Director of Kerry Logistics, said, "We are grateful to Quamnet for its recognition of our constant dedication to excellence. To receive the Outstanding Global 3PL title for the third time is a great encouragement as we extend our international footprint across diverse regions. We will continue to enhance our service capabilities while growing our geographical coverage in order to accommodate the changing needs of our customers around the world."   Organised annually, the QOEA is judged by a committee made up of the Quamnet editorial team, the Quam research team and independent financial analysts to identify and compliment the remarkable performance of Hong Kong enterprises. Prior to winning the Outstanding Global 3PL title in 2017 and 2018, Kerry Logistics was named Outstanding Global Logistics Network and Outstanding Logistics Solution Provider in 2015 and 2016, respectively.   Kerry Logistics has recently deepened its reach in the Middle East by setting up a new office in Bahrain and opening a new bonded logistics facility in Dubai, in addition to acquiring a majority interest in Turkey's Asav L ......read more

Bespoke solar developer NEFIN installs the city's largest solar panel system at Hong Kong Disneyland Resort

HONG KONG, CHINA - Media OutReach - 15 January 2020 - Last December, Hong Kong Disneyland Resort ("HKDL") appointed NEFIN Solar Asset Limited ("NEFIN"), a member of the NEFIN Group, to install the city's largest solar power system. Following the recent completion of the project's second phase, a total of 4,500 solar modules, approximately the size of a football field, have now been installed on rooftop spaces at the resort's buildings.   With the full system up and running following the project's second phase, HKDL has become the city's biggest producer of solar power to date with an installed capacity of over 1.8 MWp. HKDL and NEFIN share the same commitment to sustainability and environmental protection. With over a decade of industry-leading expertise in solar development, NEFIN installed a comprehensive suite of bespoke integrated solar energy systems at HKDL, which use the latest photovoltaic innovations. The project was engineered with high safety and quality standards to withstand typhoons and salt corrosion. The inverted V-shape design of the panels maximizes electricity generation and minimizes the impact of wind load.   "NEFIN is honored to be part of HKDL's green initiative which brings both companies a step closer to tackling climate change and reducing carbon footprints. It is our mission to help our clients achieve carbon neutrality. NEFIN selected premium grade equipment to perform module level monitoring and generation optimization for this project. This enables us to maximize yield while tackling hot spot issues simultaneously. Our system is sensitive and prudent enough to isolate and automatically shut down the affected module when a potential fault is detected." said Mr. Glenn Lim, CEO of NEFIN. As a Hong Kong Science Park incubated company, NEFIN is currently developing AI solutions to monitor and manage renewable energy assets more efficiently and effectively.   Hong ......read more

Apollo World Touring and Jada Pinkett Smith and Will Smith’s Westbrook Inc. Join Forces on World Tour

A New, Ground-Breaking, Touring Music Phenomenon Featuring The Biggest Names In Music, Staged In The World's Most Iconic Cities   Robbie Williams to Headline First Stop of WORLD TOUR in Melbourne, Australia   HONG KONG, CHINA - Media OutReach - January 14, 2020 - Apollo World Touring and Westbrook Inc. announce today that they will co-produce World Tour, a new multi-genre event-series, staged in the world's most iconic cities.    Each live event will feature internationally acclaimed A-list artists, locally celebrated superstars and globally recognised DJs. Fans will be able to engage globally through exciting  content formats on multiple platforms.   World Tour kicks off in Melbourne, Australia on 14 March 2020, alongside the Formula 1 ®Rolex Australian Grand Prix. International superstar Robbie Williams is announcing his only Australian public performance of 2020 as one of the headline artists, with other incredible acts to be announced shortly.   After Melbourne, World Tour will be touching down in other exciting world cities including; Montreal, Berlin, Milan, Seoul, Taipei, Osaka and Miami. The schedule of live events, complemented by multi-platform media elements, will make World Tour a non-stop year-round experience for audiences and brand partners, uniting millions of fans globally.   Tera Hanks, President of Westbrook Inc. said:   "On behalf of Will and Jada and the entire Westbrook Team, we're so excited to partner with Apollo World Touring on this innovative event series. From the inception of World Tour, we've been excited with its potential as a global franchise to bring mind-blowing experiences and unparalleled access to fans and creators worldwide.We're gathering some of the biggest names in music to celebrate cities around the world and the amazing creativity found there. We can't wait for everyone to join us o ......read more

Alvin Chau, Chief Executive Officer and Director of Suncity Group Donates $20 Million to Support China Foundation for Disabled Persons

MACAU, CHINA - Media OutReach - 2020?1?14? - Mr. Alvin Chau, Chief Executive Officer and Director of Suncity Group has always been committed to support Macau's society and charity. This year, he also supports the nationwide charity campaign "Ji Shan Fu Pin Jian Kang Xing" launched by China Foundation for Disabled Persons (CFDP). A cheque presentation ceremony and signing ceremony were held on 13th January, and Mr. Alvin Chau was appointed as a committee member of China Foundation for Disabled Persons.  Alvin Chau and representatives of China Foundation for Disabled Persons Mr. Alvin Chau, Chief Executive Officer and Director of Suncity Group, presented a cheque of RMB 20 million to China Foundation for Disabled Persons, and both two sides signed the agreement for implementing the charity campaign "Ji Shan Fu Pin Jian Kang Xing". And afterwards, Mr. Alvin Chau was awarded the certificate of appointment as the "Committee Member" of China Foundation of Disabled Persons in recognition and appreciation of his efforts to China's charity business, witnessed by the representative from the Liaison Office of the Central People's Government in the Macao Special Administrative Region, the delegation of the China Foundation for Disabled Persons, and the special guests,  Mr. Leong Heng Teng, Mr. Chau Ting Bo, Mr. Si Chong Su, and Mr. Chang Ka Un.   The CFDP charity campaign "Ji Shan Fu Pin Jian Kang Xing" is targeted to the project of poverty alleviation and health improvement in China. This campaign aims to provide free medical aids and treatments for impoverished families in China, such as cataract surgery, orthopedic surgery for joint and bone, rehabilitation services for children with Autism, etc. Since 2016, the CFDP "Ji Shan Fu Pin Jian Kang Xing" charity campaign has been successfully launched in Tibet, Xinjiang, Ningxia, Guangxi, Guizhou, Gansu, Qinghai, Yunnan and other provinces, saving mo ......read more

Aruba Delivers Industry’s First End-to-End, Services-Rich Switching Portfolio Spanning Enterprise Campus, Branch and Data Center

New CX Series Switches with Cloud-Native Operating System Integrate Closed-Loop Automation and Analytics to Simplify the Operator Experience HONG KONG, CHINA - Media OutReach - January 14, 2020 - Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today announced that it is changing the rules of networking with the introduction of switching and software innovations designed to address the unique needs of today's modern enterprise campus, branch and data center. The Aruba CX Switching Portfolio now includes the Aruba CX 6300 Series fixed configuration and CX 6400 Series modular access, aggregation and core switches, while delivering the latest advancements in the AOS-CX operating system. This gives network operators one simple, end-to-end switching platform to dramatically improve business outcomes today and into the future.   Aruba is the first company to offer a single switching platform that runs on a modern network operating system -- AOS-CX -- from the enterprise edge to the core to the data center. This unique, cloud-native platform is further optimized by Aruba's powerful Network Analytics Engine (NAE), which utilizes embedded analytics and automation to simplify management, accelerate troubleshooting of application performance issues and remediate common network problems.    Gartner states, "As update speed increases, it is no longer viable to manually plan for and deploy tens, hundreds or thousands of network changes each time an application change occurs. Making these changes manually is not only impractical, but is likely to result in significant errors."[i] Manual processes can significantly hinder an organization's ability to move quickly, innovate and thrive in a competitive marketplace. Moreover, many of these hurdles can be overcome with a cloud-native infrastructure. According to Gartner, a "cloud-native infrastructure exhibits the following characteristics:    Mod ......read more

Finland Leads for the Second Year Globally in Providing Future-skills Education for Youth, According to the 2019 Worldwide Educating for the Future Index (WEFFI)

Finland's universal future skills strength across all index pillars including policy and teaching environment and access to technology see it retain its lead among 50 economies in the third edition of the Worldwide Educating for the Future Index (WEFFI), produced by The Economist Intelligence Unit and commissioned by the Yidan Prize FoundationSweden and New Zealand ranked second and third, with Sweden advancing two places and New Zealand maintaining its third position from 2018's resultsThe Philippines, Ghana and Mexico all performed strongly among a new income-adjusted ranking due to their ability to channel their more limited resources to implement strong policy and advance a future skills agendaAmong the world's largest economies, the US, UK, France and Russia all fell in their rankings while China, India and Indonesia advanced their scores HONG KONG, CHINA - Media OutReach - 14 January 2020 -  The Worldwide Educating for the Future Index (WEFFI) 2019: Top ten economies Rank Economy 1 Finland 2 Sweden 3 New Zealand 4 Singapore 5 Netherlands 6 Canada 7 Switzerland 8 Australia 9 Germany 10 Japan   Consensus on the need to adopt future-focused approaches to education has grown in countries globally but implementation of policy to make such changes remains the largest challenge to preparing students for the challenges that await them in work and society according to a new report released today by The Economist Intelligence Unit (EIU). Themed "From Policy to Practice", the white paper is commissioned by the Yidan Prize Foundation and based on the findings of the third annual Worldwide Educat ......read more

#KpopTwitter rises to the top with 6.1 Billion Tweets globally in 2019

Kpop conversations continue to dominate with a new global record of 6.1 billion related Tweets in 2019, a 15% increase from 2018BTS (@bts_twt) holds the title of 'Golden Tweet' for the most retweeted Tweet in 2019 worldwide   SEOUL, SOUTH KOREA - Media OutReach - 14 January 2020 - 2019 was a huge year for #KpopTwitter, as Kpop remains an undisputable force that continues to make waves across the world. With an amazing record of 6.1 billion Tweets in 2019, which was 15% higher than in 2018, Twitter shows that it is the best place to find out what's happening with all things Kpop, and to join in the conversations with like-minded Kpop fans around the world! While Kpop gained popularity in South Korea 25 years ago, it is only in recent times through the power of millennial fans worldwide that Kpop-related conversations have gained traction across the world on Twitter. Here are the top 10 countries that Tweeted the most about Kpop in 2019: Additionally, countries such as Canada, France, Great Britain, India and Turkey were also amongst the top 20 countries that were Tweeting the most about Kpop. Topping the charts: BTS (@bts_twt) holds the worldwide Golden Tweet for 2019 Once again, the BTS Army demonstrated their power by propelling BTS (@bts_twt) member Jungkook's video Tweet of him dancing to Billie Eilish's (@billieeilish) "Bad Guy" to become the most Retweeted Tweet (aka the Golden Tweet) worldwide in 2019.   Embeddable Tweet: https://twitter.com/BTS_twt/status/1137775053993533440   Kpop Buzz: Most discussed Kpop accounts worldwide   Popular Kpop bands BTS (@BTS_twt), EXO (@weareoneEXO) and GOT7 (@GOT7Official) continued to lead our global list for most discussed #KpopTwitter accounts, but we also saw a trend of individual team member accounts rising above the crowd such as Baekhyun (@B_hundred_Hyun) and BamBam (@BamBam1a). Fastest Growing Kpop Groups in 2019 ......read more

ASIA APPAREL EXPO Returns to Berlin in February 2020

BERLIN, GERMANY - Media OutReach - 14 January 2020 - ASIA APPAREL EXPO is the important sourcing meeting place in Europe for Asian clothing manufacturers and fabric suppliers to connect with European brands and will once again take place at the BERLIN MESSE in Hall 26, opening on TUESDAY 18 FEBRUARY through to THURSDAY 20 FEBRUARY 2020. Now in its 9th edition, European sourcing professionals have confirmed that the expo provides an ideal platform to stay informed of industry sourcing issues and innovations, meet with potential new suppliers and discover new sourcing options and solutions. Over 450 companies are participating in 2020, particularly from HONG KONG and CHINA, as well as the other major apparel export producing countries of BANGLADESH, PAKISTAN, INDIA, THAILAND, TURKEY and TAIWAN meeting the demand from European customers for finished garments, contract manufacturing and private label development. Apparel products will be on show covering mens, womens and childrenswear, denim, knitwear, fabrics and textiles, as well as trimmings and accessories from the carefully-selected factories. Showing zones include: APPAREL FOR MEN, WOMEN & CHILDREN KNITWEAR STUDIO ASIAN DESIGN FASHION ACCESSORIES BLUEPRINT -- DENIM GARMENT ACCESSORIES & TRIMMINGS Over 1800 trade professionals are expected to attend reinforcing that the well-edited selection and variety of factories and suppliers from Asia under one roof at the expo provides a very convenient sourcing marketplace for apparel buyers looking to capitalise on the high productivity and speed to market demonstrated by Asian apparel factories. European apparel buyers have benefitted from the movement of production activities to low-cost countries in the Far East, which reflects the significant advantages due to efficient infrastructure, low production costs, easy access to an array of raw materials, supply chain concentration and benefits of ......read more

Great Bay Bio injected with 2.5 million USD of convertible note

DONGGUAN, CHINA - EQS Newswire -14 January 2020 - Recently, Great Bay Bio signed off convertible note, and the company will be injected with 2.5 million USD by existing shareholders, which including renowned financial institute and family foundation. Such injection of funds fully shows the confidence and support by existing shareholders to Great Bay Bio for its results in 2019. Capital will be injected into projects, to further optimize CMC service platform and product pipeline development of Great Bay Bio. Dr. Chen Liang, the CEO of Great Bay Bio, said: "Progress for Great Bay Bio projects has exceeded  expectations with remarkable results. We will continue putting our effort into projects in response to the affirmation and support of Great Bay Bio shareholders."About Great Bay BioHeadquartered in Hong Kong, the CMC/CDMO platform of Great Bay Bio was established in 2002, where originally more than 100 million yuan was invested to build a national level CMC platform. The CMC/CDMO platform has independent and integrated technology platforms for drug R&D and large scale preparation. The company has a strong existing track record of developing customized CMC packages for biologic products, some of which are national class I projects of innovative biological new drugs that have already reached NDA stage. Greta Bay Bio positions itself as a Contract Development and Manufacturing Organization (CDMO), applying AI technology on CMC (Chemistry, Manufacturing, Control) platform for drug development, which targets the headache for recent drug development process including long development timeline and high development cost, and solves such headache with AI+CMC to enhance efficiency and reduce cost. CMC technology platform runs AI analysis model with massive data out from conventional biologics development, combining AI and biotechnology, so to overcome hurdle for biologics development and greatly reduce development timeline and development cost. With ......read more

Allianz Risk Barometer 2020: Cyber top peril for Asia-Pacific companies for the first time

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countriesCyber incidents have become more damaging and expensive for companies -- and often result in lawsuits and litigation after the eventBusiness interruption ranks second, but remains a key challenge with digitalization and civil unrest creating new causes of disruption and loss of incomeClimate change rises to third top risk, while political risks and violence makes first appearance in top 10. SINGAPORE - Media OutReach - 14 January 2020 - For the first time ever, Cyber incidents (35% of responses) ranks as the most important business risk in Asia-Pacific in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) (34% of responses) to second place. The region's results mirror a global trend that has seen awareness of the cyber threat growing rapidly in recent years, driven by companies increasing reliance on data and IT systems and a number of high-profile incidents. It is a stark change from seven years ago when it did not even feature in the top 10 risks on the mind of risk managers regionally.                                                                                                                      Climate change (#3 with 25%) and Political risks and violence (debuting in the top 10 at #1 ......read more

Borneo Eagle Resort for a Total Island Getaway Off the Sabah Coast, East Malaysia

KOTA KINABALU, MALAYSIA - Media OutReach - 14 January 2020 - Nestled serenely on the island of Pulau Tiga 2.5 hours away by land and sea from Sabah's capital of Kota Kinabalu lies the plush Borneo Eagle Resort -- a cluster of 13 luxury contemporary villas opened in April 2018. The 21-acre verdant enclave is situated in the Kimanis Bay within walking distance of the first Survivor filming series site in 2000. The Resort faces the Crocker Range in the horizon with views of the majestic Mt Kinabalu across the South China Sea. Aerial view of Borneo Eagle Resort with the jetty Borneo Eagle Resort is the only luxury resort on the island set against a backdrop of lush virgin jungle. Its main building design is inspired by the wingspan of the sea eagles inhabiting the island. The Resort is a stunning, ecological landscape of flourishing flora and fauna including 148 coconut trees. Bee hives are introduced to encourage cross pollination. Proboscis monkeys, monitor lizards, snakes and hornbills are some of the wildlife spotted while marine life abounds with a diverse array such as the clownfish, puffer fish, sea turtle and the occasional whale shark. Accommodation Principal architect Karim Hussein from Arkitek A Karim Hussein was tasked with ensuring that the Resort integrated well with the natural environment, uncompromised in its design and construction. All 13 spacious sea facing villas with their own courtyards are categorized according to three types: Pool (171 sq m), Coral (261 sq m) and Spa (288 sq m) . Each villa provides super king-sized beds matched with comfortable pillow-top mattresses, premium bedding and linen. A well-stocked mini bar, water pitchers, complimentary aluminium water canisters, teas, a Nespresso Machine, in-room safe, alarm clock with Bluetooth and USB connectivity, portable MyFi, wireless internet, 55" flat screen TVs and Bose home theatre systems ensure gue ......read more

Jennewein Biotechnologie GmbH enforces its patents in the field of human milk oligosaccharides against Nestlé in Germany

RHEINBREITBACH, GERMANY - Newsaktuell - 13 January 2020 - Jennewein Biotechnologie GmbH filed a patent infringement suit with the regional court in Mannheim on January 09, 2020 against Nestlé Nutrition GmbH and its holding company Nestlé Deutschland AG. Nestlé offers its infant formula Beba Supreme which contains two human milk oligosaccharides -- unique saccharides naturally occurring in human breast milk only -- for sale in Germany. Pursuant to the findings of Jennewein Biotechnologie, Nestlé uses human milk oligosaccharides for the manufacturing of its infant formula that are produced by a process being protected - among other IP rights - by European Patents EP 2 896 628 and EP 3 131 912 (start of protection: January 22, 2020) which are thus infringed by Nestlé.   As Nestlé offers its infant food containing human milk oligosaccharides not just in Germany, Jennewein currently investigates measures against the assumed infringement of its corresponding foreign patents by the manufacturing of products such as Illuma, SMA, NAN and Gerber Good Start.The issuer is solely responsible for the content of this announcementAbout HMOs:Human milk oligosaccharides (HMOs) are complex sugar molecules that are only present in  breast milk. Excluding water, they are the third most abundant constituent of human milk after fats and lactose. More than 200 structurally different HMOs have been identified. The most abundant HMO is 2′-fucosyllactose, which is produced by about 80% of all       lactating mothers at concentrations of up to 3 g/L. Scientific studies have shown that HMOs, and 2′‑fucosyllactose in particular, have a positive impact on infant health and development. HMOs are prebiotics, i.e. they specifically promote the growth of beneficial microorganisms, and at the same time they inhibit the growth of pathogens by directly and indirectly prevent ......read more

Dr Ganesh Ramalingam of G & L Surgical on Battling Obesity

SINGAPORE - Media OutReach - 13 January 2020 - According to the Health Promotion Board, one in 10 Singaporeans aged between 18 and 69 is obese. If left unmanaged, obesity rates -- projected to hit 15 per cent in the next seven years ­-- could swell into a sizeable problem as the condition could lead to such potentially life-threatening illnesses as heart diseases and stroke. For Dr Ganesh Ramalingam, a surgeon specialising in gastrointestinal, bariatric, advanced laparoscopy and endoscopic surgery of G & L Surgical, maintaining a controlled diet and exercise regime are key factors in achieving one's weight-loss goals. However, in cases where diets and lifestyle management appear to be insufficient, patients are advised to consult a doctor for advice on alternative treatments.   What are some health risks of being obese?In general, being obese affects one's level of physical activity and mental wellness, with the attendant body pain and breathing problems leading to a low quality of life. Clinical depression and sleep apnea may also set in.   Beyond that, there are many other long-term health risks that can affect a person with a high BMI -- a person with a BMI that exceeds 25 and 30 is considered overweight and obese respectively. Some risks include hypertension (high blood pressure), Type 2 diabetes, osteoarthritis, as well as heart, liver and kidney diseases.   What are some non-surgical alternatives available when it comes to weight loss procedures?Diet and lifestyle modifications are always the mainstay of weight management. The next step is usually medication and there are various oral medications available.   Another alternative is an injectable medication called Saxenda, which is approved by the Health Sciences Authority in Singapore. Saxenda is an injectable pen prefilled with liraglutide, which is designed to behave like a hormone that regulates one's appetite. ......read more

MSIG Partners with MyKasih to Support 130 Underprivileged Students in Sabah and Selangor

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 January 2020 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", has teamed up with MyKasih to provide bursaries of RM720 per annum (each) for 130 students in two schools in Sabah and Selangor.   The programme, which developed out of MSIG's involvement with FINCO (Financial Industry Collective Outreach), is focused on children from underprivileged families in the B40 income group. Student beneficiaries are rendered assistance in the form of cashless bursaries via a contactless MyKasih smartcard. Once registered, a spending allowance of RM30 will be deposited twice a month. The students will draw on the allowances by using their MyKasih student smartcard to pay for purchases of school books and stationery from the school bookstore, as well as food from the school canteen. As part of the bursary scheme, each student will also be annually reviewed in terms of overall attendance and academic performance.   Mr. Chua Seck Guan, Chief Executive Officer of MSIG Malaysia, said, "MSIG is delighted to be working with MyKasih and FINCO to help these underprivileged, children and their families. We are a supporter of UN Sustainable Development Goal 4, which is focused on creating inclusive and equitable educational opportunities for all. We hope that the bursaries will allow these children to focus on their education, rather than worrying about basic provisions which more privileged children take for granted".   MSIG will be supporting 80 students at SK Babagon Toki, Kota Kinabalu, Sabah (the entire school) and 50 selected students at SJKC Damansara, Damansara, Selangor. As part of their 'Love My School' programme, MyKasih will be working with the children and their parents to ensure that the bursaries are spent responsibly.   "As one of Malaysia's leading general insurers we have been impressed with how this MyKasih programme will help educa ......read more

[UPDATE] AXA Insurance Launches First-in-Market Plan For Cancer Survivors

AXA Cancer ReCover provides comprehensive coverage to cancer survivors who may be denied coverage, or face significantly higher premiums when they apply for a new protection planIn line with the launch, AXA also unveils a short film to raise awareness of the importance of critical illness insuranceSINGAPORE - Media OutReach - 10 January 2020 - AXA Insurance has launched the first protection plan in Singapore specially designed for cancer survivors. With improvements in screening and treatment, survival rates for people with cancer have increased over the years in Singapore. However, many are left without insurance protection against possible relapse or diagnosis of a new cancer after recovering from cancer. Cancer survivors are often declined coverage, or face significantly higher premiums when they apply for a new protection plan. AXA Cancer ReCover is designed to protect cancer survivors by covering recurrent or new primary cancers. The plan provides comprehensive coverage, including a lump sum payout of 100% sum assured in the event of diagnosis of advanced stage cancer, and a payout of 15% sum assured in the case of early or intermediate stage cancer. Sean Goh, Managing Director, Life, AXA Insurance Singapore said, "Many cancer survivors are left without any insurance coverage after their first diagnosis and do not have the security of a financial safety net if cancer strikes again. We want to take away this uncertainty by protecting them financially should they be faced with cancer again, so they can focus on treatment and recovery. This is part of our commitment to support our customers across their entire health journey and to empower them to live better lives." For parents who have concerns about hereditary cancer, the plan also offers a child cover benefit, with free coverage of 15% of the sum assured, should the child be diagnosed with an advanced stage cancer.AXA Cancer ReCover comes with the following addition ......read more

Lightnet Raises $31.2 Million in New "Series A" Financing

Set to build Asia’s next-gen blockchain financial mobility network BANGKOK, THAILAND - Media OutReach - 10 January 2020 - Lightnet, the Bangkok-based fintech company has received A round funding of US$31.2 million in fresh capital. With this round completed, Lightnet is Asia's first blockchain company to receive financial backing from six large conglomerates, providing access to millions of Asian users searching for improved financial mobility. From left to right: Carlos Liu,Vice President, Uni-President Asset Holdings; Rae Deng, Managing Partner,Du Capital; Kenjiro Nishii, Team Leader,Seven Bank; Hee Baek Kwon, Chief Executive Officier, Hanwha Investment and Securities; Chatchaval Jiaravanon, Founder and Chairman,Lightnet; Tridbodi Arunanondchai, Founder and Vice Chairman,Lightnet; Mike Kennedy, Chief Executive Officier, Interstellar; Kian-Wee Seah; Chief Executive Officier and Managing Director, UOB Venture Management; John Ng Pangilinan, Managing Partner,Signum Capital; Chao Deng, Chief Executive Officier, HashKey Capital; Ng Yu Zhi,Managing Director, Hopeshine Ventures. Lightnet was co-founded by Chatchaval Jiaravanon -- a family member of the Charoen Pokphand Group in Thailand -- and serial tech entrepreneur and former investment banker Tridbodi Arunanondchai.  The financing round was led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities. The proceeds from the latest fundraising will go towards strengthening Lightnet's investment in the underlying blockchain technology on the Stellar Network, and to build a next-generation financial mobility network. "We launched Lightnet to offer low-cost and instantaneous financial inclusivity and mobility to the four billion lives across Asia Pacific -- all powered by Stellar's fast, scalable, and sustainable blockchain technology," said Chatch ......read more

Li Bao Ge Acquires Sun Kau Kee to Venture into Shanghai Market; Enters into Framework Cooperation Agreement with Freshippo

To Drive Cross-Regional O2O Development HONG KONG, CHINA - Media OutReach - 9 January 2020 - Li Bao Ge Group Limited ("Li Bao Ge" or the "Company"; stock code: 1869) today announces its acquisition of a 70% stake in Yaoliang (Shanghai) Food Co., Ltd. ("Yaoliang"), the brand owner and operator of Shanghai Sun Kau Kee ("SKK") at a consideration of RMB22.4 million. The acquisition is in line with the Company's strategy of exploring opportunities in China's "new retail" light-meal delivery market through an asset-light business model. Concurrently, the Company enters into a framework cooperation agreement with Shanghai Freshippo Network Technology Co., Ltd. ("Freshippo") to deepen the cooperation and accelerate the pace of store opening.   Pursuant to the acquisition agreement, Li Bao Ge will acquire a total of 32 SKK in-store counters opened in Freshippo stores. SKK is specialized in cooked food with roast duck as its signature product. It is one of the leaders in the roast meat ("Siu Mei") industry in Shanghai, China. Through this acquisition, Li Bao Ge will expand the presence of its in-store counters in Freshippo from Hong Kong and cities in the Greater Bay Area such as Shenzhen and Guangzhou, to Shanghai, where the consumer purchasing power is strong. Furthermore, pursuant to the framework cooperation agreement, Li Bao Ge will open in-store counters at Freshippo stores and will offer Cantonese-style soup, dim sum, dessert, as well as other specialties such as festive delicacies. Taking advantage of Freshippo's comprehensive online-to-offline ("O2O") platform and technical support, including its marketing initiatives, online sales resources, delivery service and potential customers, Li Bao Ge will be empowered to further expand its businesses in Mainland China.   "We are actively exploring opportunities in the light meal delivery market, developing from a restaurateur to a multi-channel operator coverin ......read more

The Land of Peace and Charity: The First Harmony & Synergy & World Peace International Forum in 2020 will Come on Stage in Taiwan this September

TAIWAN - Media OutReach - 9 January 2020 - "Taiwan never absent towards international public welfare and charity, we have earned world-wide reputation and our friends from all over the world are all pleased to know Taiwan, appreciate Taiwan, and honors global NGOs in Taiwan." said William Liu (???), founder of "Long Hsiung Economic Development Foundation" and "Harmony & Synergy Culture Party", who will host "The First Harmony & Synergy & World Peace International Forum in 2020" in September, honoring philanthropists from all over the world in the name of 'Peace'.   "Long Hsiung Economic Development Foundation" is hosting "First Harmony & Synergy & World Peace International Forum in 2020" in September 2020. "The First Harmony & Synergy & World Peace International Forum in 2020" will feature "Millennium Gall Wood Panda" as spokesperson to promote world peace. William Liu (Founder of the Foundation)  and  "Millennium Gall Wood Panda"(Photo Credit: Long Hsiung Economic Development Foundation)   "The establishment of world peace requires a common spiritual language and a connected cultural brand as the baton of inheritance." William Liu (???) pointed out the foundation is entering its fourth year, there are so many things he has done that he can't remember, but he will carry on, keep moving forward, so to help more people and fulfilling their dreams. "There is also a hidden event in the forum this year." William Liu (???) gave a smile and told us it needs to keep as secret at this stage, but here's the clue: "We will showcase this 'Millennium Gall Wood Panda' as the main show, it's from our foundation's exclusive collection, this will definitely delight our guests." At this very moment, the selection process for the awards is ongoing. According to William Liu (???), they are expecting to deliver the winning list and invitations in Spring, so the winner ......read more

Nestlé hands DHL Supply Chain contract to manage entire warehousing operations in Myanmar

Nestlé operations is located in DHL's first multi-user warehouse in the country, located in Dagon Seikkan Industrial Zone in Yangon - accounts for more than 60% of total available warehousing spaceThis is an extension of a longstanding partnership between both companies, that has spanned over two decades in the region YANGON, MYANMAR - Media OutReach - 9 January 2020 - Nestlé, the world's largest food company has appointed DHL Supply Chain (DHL), the global market leader for contract logistics solutions, to manage warehousing operations for its food products in Myanmar, which include household brands such as Coffee mate®, MILO® and Nescafé®.Mr. Kevin Burrell, CEO of DHL Supply Chain Thailand Cluster (Left) and Mr. Terry Ryan, CEO of DHL Supply Chain Asia Pacific (2nd to Left) hand the first invoice to Mr. Victor Seah, CEO of Nestlé Indochina (2nd to Right) and Mr. Stephen Knight, Country Manager of Nestlé Myanmar (Right) to mark the partnership between Nestlé Myanmar Trading Ltd. and DHL Supply Chain Myanmar at DHL Supply Chain Myanmar, Dagon Seikkan Warehouse, Yangon. Total operations for Nestlé products spans 4,000 sqm, which accounts for more than 60% of total warehouse space in DHL's first multi-user warehouse in the country. The recently-unveiled warehouse is conveniently located next to Nestlé's new manufacturing facility, situated in Dagon Seikkan Industrial Zone in Yangon, the country's trade and commerce epicenter. Kevin Burrell, CEO DHL Supply Chain, Thailand Cluster (Thailand, Vietnam, Myanmar and Cambodia) said, "Myanmar is an exciting market to be in, and we have been very successful in ensuring that our capabilities are customized to meet our customers' needs, enabling them to grow their business footprint here. As the country shapes up to be a bigger player in intra-regional trade, and with the local economy projected to grow by mo ......read more

Niigata rice fair at Jiuguang in Shanghai

NIIGATA, JAPAN - Media OutReach - 9 January 2020 - Niigata Prefecture and Niigata City, in collaboration with JETRO Niigata, will hold a fair featuring rice produced in Niigata Prefecture at Jiuguang department store in Shanghai.In the Chinese market, food safety awareness has been increasing along with the economic growth. Among Japanese food products that are in high demand, rice grown in Niigata Prefecture, an area that boasts the highest production volume and quality of rice in Japan, is particularly popular. To respond to the needs, Niigata Prefecture of Japan will hold an event featuring rice produced in Niigata Prefecture for seven days from January 15 through 21, 2020 in the basement floor at Jiuguang department store in Shanghai. For the first time in about nine years, a Niigata rice fair will be held at a department store in China. This also marks the first event since Niigata rice export was resumed in November 2018.Jiuguang is one of the most luxurious department stores in Shanghai and is known for always being thronged with many customers. As the event coincides with the busy season before Chinese New Year, huge visitor turnout is expected. Niigata rice will be on sale and visitors will also have an opportunity to sample delicious rice. [Sampling and sale] - Date/time: 10:00 - 18:00, January 15 - 21, 2020 (Rice sampling available irregularly) - Place: Basement, Jiuguang department store, NO.1618 Nanjing West Road, Shanghai - Event: Sale of Niigata rice ...read more

NEFIN x BOSCH First Solar Photovoltaic Project Completion in Nanjing on 8 January 2020

Journey towards Carbon Neutrality HONG KONG, CHINA - Media OutReach - 8 January 2020 - In a bid to achieve its carbon neutrality goal as soon as possible, Bosch, in partnership with NEFIN, the bespoke solar developer, announced the completion of its first solar photovoltaic project at its Nanjing plant of Bosch Automotive Aftermarket (China) Co., Ltd. Government representatives including Mr. Tao Lei, Deputy Director of the Nanjing Municipal Bureau of Industry and Information Technology, Mr. Liu Hongwen, Member of the Nanjing Bureau of Commerce Party Committee and Deputy Director General of the Nanjing Investment Promotion Bureau, Mr. Shen Yinlong, Deputy Director of Nanjing Economic and Technological Development Zone, Mr. Tao Xiaojun, General Manager of State Grid Nanjing Power Supply Company, also management of Bosch Group including Dr. Frank Scheidemantel, Regional President APAC of Bosch Global Business Services and Member of the Board of Bosch China, other VIP guests and media participated in the event that took place on 8 January 2020.   The Nanjing project is, by-far, the largest solar project by Bosch globally. The project is divided into two phases. With completion of the first phase, 17,422 solar modules, would be installed on available carparks and ground surface, approximately the size of 100,000 square meters in total. The first phase is expertly engineered to produce an estimated 7,700,000 kWh clean solar energy per annum and reduce carbon emission by 8,000 tones. Leveraging on the robust mounting structure, the ground mounted solar panels can easily be redeployed to the rooftops of buildings in Bosch in the future. With construction started by 1st August 2019, the first phase was completed within five months, which is exceptionally short compared to industry standard. With the full system up and running, it will be able to generate an installed capacity of over 10,680,000 kWh, worth over a millio ......read more

HYDEOUT Unveils Phase 3 Line-up, With Additions of J Balvin, Tinashe, Bea Miller And More, Including Iconic Stage Takeovers By Andrew Rayel - Find Your Harmony, BFAM, Monstercat And Brownies & Lemonade

SINGAPORE - Media OutReach - 8 January 2020 - Hydeout, the region's first-ever multi-genre music festival, happening across two weekends at The Meadow at Gardens by the Bay in Singapore on the 10-11 April & 17-18 April 2020, has unveiled its 3rd phase of artistes joining the stellar line-up of international and regional artistes showcases. In addition to the star-studded repertoire of headliners and special guests previously announced such as A$AP Rocky, Alison Wonderland, DJ Snake, Gucci Mane, Martin Garrix, Nicky Romero, Rita Ora, Sam Feldt Live, San Holo, Slushii and Yellow Claw, the latest release reveals an eclectic mix of artistes, and Hydeout's very own Pantheon Stage -- which will host the festival's highly-anticipated stage takeovers. WEEKEND ONE (10-11 April 2020) Tastemakers can look forward to a multi-genre wonderland with three more esteemed international artistes joining Hydeout's already stacked line-up on Weekend One (10-11 April 2020). Among the special guests include French DJ and producer Mercer, bringing his infectious disco-influence remix to the crowd; and Los Angeles singer, songwriter and producer Tinashe who will be performing in Singapore for the first time. The 26-year old recording artiste recently released her third album, Songs For You -- following her chart-topping singles of 'Die A Little Bit', '2 On' and 'Faded Love'. Chinese-born U.S.-based rapper Bohan Phoenix will also join the line-up as a supporting guest with his harmonious bilingual rhymes inspired by his salient East-West identities. The rapper has been making waves on the global hip-hop scene with popular releases such as 'The Prince', 'Overseas' and 'Angels'.   Also making her Singapore debut alongside headliners A$AP Rocky and Rita Ora on 11 April is Alison Wonderland -- who promises to deliver her intensely raw, personal lyrics, blended with her digitally rendered beats in a true wonderland sty ......read more

Make a Wish this New Year with 'Dorsett Wanchai 3 Wishes' Room Package

And receive amazing perks that include 40% off room rate, breakfast, and dinner for two, Michelin-recommended dim sum meal, free airport lounge access, and more HONG KONG, CHINA - Media OutReach - 8 January 2020 - What better way to kick start the New Year than with 'Dorsett Wanchai 3 Wishes' room package that satisfies every wish and whim when you are travelling for business or leisure. Breakfast? Check. Dinner? Check. Free meal at a Michelin-recommended restaurant? Check...and more 'wishes' waiting to be discovered. With a nightly rate starting from just HK$580, guests can look forward to spending a memorable night in a stylishly designed Premier Room with daily buffet breakfast for two and two extra perks of 'your' choice at the Dorsett Wanchai, Hong Kong - an award-winning 4.5-star hotel located in the charming neighborhood opposite to the famous Happy Valley racecourse.    'Dorsett Wanchai 3 Wishes' comes with breakfast for two and two self-selected perks from the wish list below at NO EXTRA cost: In-room dinner for two   Free Dim Sum Set Meal at Tim Ho Wan Michelin-recommended dim sum restaurant for one Free Signature Meal (for breakfast or all-day meal) at a Hong Kong-style Cha Chaan Teng -- Wan Chai Cha Don for two 3-hour access to Plaza Premium Lounge at HK International Airport for one Exclusive 20% off Ocean Park ticket(s) Free upgrade to a Grand Deluxe Room Buy one, get one free -- Arrival coach transfer from airport to hotel Unlimited free laundry Free pressing of one garment daily One-off free minibar  Complimentary late check-out till 6 pm Premium Wi-Fi access for a maximum of 10 devices in the room   This promotion is available on hotel website till July 31, 2020. Book NOW   Guests can also take advantage of other "beyond thoughtful" brand initiatives absolutely free of charge ......read more

Avnet Launches New IoT Partner Program at CES 2020 to Accelerate IoT Adoption and Speed Time to Value

New Partner Program gives developers a place to build and scale IoT solutions  LAS VEGAS, UNITED STATES - Media OutReach - January 8, 2020 - At CES 2020, leading global technology solutions provider Avnet (Nasdaq: AVT) is launching a new Partner Program designed to provide developers with a place to build complete IoT solutions, enabling them to scale their business in a quick and cost-effective manner. Using Avnet's IoTConnect platform, powered by Microsoft's Azure IoT Suite, developers can seamlessly connect devices that address both the software and hardware needs of IoT solutions.   This spring, Avnet's offering will expand to include a comprehensive Marketplace, which will allow any developer to write IoT applications to our platform and offer them for sale to a much broader audience. The combination of Avnet's IoTConnect platform, Partner Program and Marketplace will simplify the complexities of IoT and enable businesses to more rapidly deploy secure and complete solutions.   "IoT is complex, with unique hardware, software and security requirements at every stage of the development cycle," said Pete Bartolotta, president of business transformation for Avnet. "With our Partner Program and the upcoming Marketplace, we are putting proven IoT solutions in the hands of partners and systems integrators so they can scale their own businesses and accelerate the adoption of IoT."   New solutions seamlessly connect devices through IoTConnect platform Avnet's newly expanded suite of IoT solutions is powered by Avnet's IoTConnect platform, which allows critical IoT devices, assets and systems to be connected securely--without compromising speed and simplicity--by leveraging pre-built and proven Smart Applications that are equipped with a suite of AI services for specific industry verticals.   Partner Program speeds solution development Avnet's new Partner P ......read more

Artesyn Embedded Power Announces High Efficiency 1300-Watt Quarter-brick with Digital Control for Telecom and Compute Equipment

Supports 48-volt data center and network applications HONG KONG, CHINA - Media OutReach - 8 January 2020 - Artesyn Embedded Power, an Advanced Energy (Nasdaq: AEIS) company, today announced the BDQ1300, a new 1300 watt quarter-brick dc-dc converter, designed to provide the highest efficiency on-board 12V output for telecom, computing and server applications, with optional digital control. With efficiency rated over 97 percent, the BDQ1300 is designed as a voltage source for non-isolated point-of-load converters. It can accept an input voltage range from 40 to 60 volts, making it ideal for 48-volt data center and communications network equipment. Rated for up to 110 amps, the Artesyn BDQ1300 is a fully isolated dc-dc converter, which can be applied with separate input and output ground connections. This isolation means that EMI management and any possible fault condition can be contained within the primary side of the converter. The modules use a standard high-current quarter-brick pin-out. A pair of power pins are provided for the positive output and ground connections to enable the current to be conducted to the host PCB. Conduction losses from the module are minimized using large diameter pins. "The BDQ1300 has been designed to primarily support two power-conversion architectures," said Andy Brown, director of technical marketing dc-dc for Artesyn Embedded Power. "Either the conventional and widely used 'two-stage' conversion architecture network, where the BDQ1300 only provides power to non-isolated, 12V input point-of-load converters such as Artesyn's LGA80D or LGA50D families; or the module can also be used to support a hybrid conversion architecture. This is where some of the application's power is converted with 48 V to low-voltage 'direct conversion' products, such as those being developed by members of the Power Stamp Alliance, and -- operating alongside this direct conversion network -- a conventional ......read more

Pokémon and Joyoung launched co-branded small household appliances, a big hit in China

JINAN, CHINA - Media OutReach - January 8, 2020 - Japanese super popular cartoon game Pokémon and Joyoung, China's well-known small appliance brand, jointly launched a series of small appliances that were very popular in China. Themed on Pikachu, the Pokémon co-branded health-care pots, warming coasters, juicers, and milk makers triggered a rush of buying in their first debut during the New Year's shopping festival held by Chinese E-commerce platform Tmall on January 6th. 2020 is the year of the mouse. Pikachu endowed small appliances with vitality which gained great popularity from young Chinese consumers. Pokémon was born on February 27, 1996, in Gameboy, a series of games developed by Game Freak and Creatures and distributed by Nintendo. Pokémon has become a super international IP. Films and television animation works adapted by Pokémon have been published one after another since 1997 and elves like Pikachu are popular all over the world. Joyoung, founded in 1994, is a famous household appliances brand with hundreds of millions of users in China. It is popular for good-looking product design and perfectly convenient products experience. Joyoung original products such as easy-clean automatic soy milk machines, blenders and steam rice cookers were loved by its fans in 2019. The combination between super animation IP and China's small household appliances, breaking dimensional walls, changed mechanical small household appliances with strong a sense of science and technology into fashionable and cute single items with the help of Pokémon, quickly capturing the hearts of Chinese young people. Adorable co-branded products have attracted lots of consumers to share the joy of using them on social media and become web celebrity small household appliances. Pokémon has cooperated with many famous fashion brands such as clothing, beauty makeup, and beverages previously. The wonderf ......read more

Arrow Electronics introduces first healthcare-focused proof-of-concept design incorporating Analog Devices' 3D time-of-flight technology

Powered by intelligent sensing algorithm for monitoring breathing pattern and small-motion detection HONG KONG, CHINA - Media OutReach - 7 January 2020 - Global technology solutions provider Arrow Electronics today unveiled the first healthcare-focused proof-of-concept design incorporating Analog Devices' 3D time-of-flight (ToF) technology at the 2020 Consumer Electronics Show (CES).  Powered by intelligent sensing algorithm, the design demonstrates how 3D ToF technology can be deployed to deliver highly accurate, up to nanosecond real-time sensory data for monitoring breathing pattern and small motion detection.  This integrated design will be used by Hubble Connected, an IoT platform that provides connectivity and services to Motorola-branded smart nursey products, to create these intelligent and intuitive nursery products.  A live demonstration the innovative design is on showcase at Analog Devices' booth (South Hall 3, #30322) at CES in Las Vegas Jan. 7-10, 2020.Arrow now offers ADI 3D Time-of-Flight development platform evaluation kit to help engineers accelerate prototyping and product development. Accelerating adoption of smart sensing technologySmart sensing technologies are being introduced into healthcare products and devices to enrich user experiences and deliver superior functionalities.  Some of the engineering challenges that product designers often face include how to choose the right intelligent sensing technology; how to best to integrate hardware system and AI algorithm so that sensory data can be translated into meaningful insights; and how to accelerate the engineering design cycle and minimize development costs. "We appreciate Arrow's support in jump-starting our innovation cycle by developing an integrated platform that combines Analog Devices' latest depth-sensing technology, powerful computing module, and intelligent sensing algorithms to enable smarter and more intuitive ......read more

Vingroup Is Now Among 34 FIDO2 Certified Companies in The World

HANOI, VIETNAM - Media OutReach - 7 January 2020 - VINCSS Internet Security Services Limited Liability Company (a member of Vingroup) has just been awarded FIDO2 Certificate for its authentication key product: VinCSS FIDO2 Authenticator by IDO Alliance. This makes Vingroup become one of 34 companies in the world capable of producing and mastering the most modern technology in the field of security authentication. FIDO2 is the overarching term for FIDO Alliance's newest set of specifications. FIDO2 enables users to leverage common devices to easily authenticate to online services in both mobile and desktop environments. In the world, there are 13 countries capable of mastering technology for producing FIDO2-certified authentication products, led by developed countries such as USA, Japan, Canada, UK and Germany. This event not only marks VinCSS in the world security technology community but also affirms the transformation of Vingroup as the leading technology corporation, gradually integrating with world-class and complex technologies. This result also enables VinCSS to ranks among FIDO2 certified technology companies and corporations in the world such as Google, Apple, Microsoft, Fujitsu, Yubico, Solokey and Kensington, etc. To achieve the certification, VinCSS FIDO2 Authenticator must pass the interoperability testing with a rate of 180/180 tests in two consecutive days. All product operations must be compatible with all popular browsers. Interactions with 10 authentication servers specified by FIDO Alliance must have a zero error. Besides, design engineers of VinCSS must pass a face-to-face interview by FIDO Board Certification Committee with lots of difficult questions about the technological design details of the product. Last but not least, VinCSS was required to submit a Vendor Questionnaire detailing all the technical specifications of the product for evaluation by FIDO Alliance. About this event, Mr. Nguyen ......read more

Envision Digital Appoints Sylvie Ouziel as International President

Newly created role in response to the increasing global demand for AIoT (Artificial Intelligence and Internet of Things) technology in the era of digital transformation SINGAPORE - Media OutReach - 7 January 2020 - Envision Digital International Pte Ltd (Envision Digital), a global AIoT technology leader, has appointed Sylvie Ouziel as International President as it strengthens its business covering Asia Pacific, Europe, and the Americas. Headquartered in Singapore, Envision Digital's world-leading AIoT operating system, EnOS™, connects more than 120GW energy assets globally. Partnering with companies and governments, Envision Digital through its suite of applications and solutions, is committed to enabling global clean energy transition and digital transformation. Ouziel will be based in Singapore and will also serve as Managing Director of the Singapore entity. With over 28 years of experience in business transformation and technology leadership roles, she joins Envision Digital from Allianz, where she was Global CEO of Allianz Assistance and Asia Pacific CEO of Allianz Partners for four years. In this role, Ouziel delivered high-touch, high-tech services to consumers in a B2B2C model for business partners in mobility, home, and consumer electronics. Ouziel joined Allianz in 2012 and her first role was to establish and lead the company's global Shared Services covering digital transformation and global operations. Prior to this, Ouziel spent 20 years with Accenture where she led transformation projects for industrial clients spanning across the airspace, automotive, construction, pharmaceutical, and healthcare sectors. Ouziel's last position at Accenture was Global COO of Accenture Management Consulting. "Sylvie is an accomplished global business leader with a strong track record in leading digital and technological transformation initiatives. As we look to accelerate our growth i ......read more



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