KUALA LUMPUR, Oct 29 -- VaultID Group Ltd has created a financial and digital footprint for the ‘unbanked’ population via its application ‘myVault’, allowing remittance transfers to Timor-Leste.
The application enables the onboarding of potential consumers via a mix of traditional KYC/AML systems, enhanced with biometric image to document scanning and in-government official witness attestation.
Approximately one-third of the Timor-Leste population, currently excluded from participation due to lack of identification, can now be onboarded to allow seamless, verification remittance transfers.
This will be powered by ‘myVault’ biometric and witness attestation verification products which include facial matching and optical character recognition biometrics.
VaultID Group Ltd chief executive officer, Jason Edwards said: “Through ‘myVault’, we have extended traditional KYC to a new eKYC offering which includes Self-Sovereign Identity; the consumer has control, sole ownership and management of their digital identity as well as how their data is stored, shared or used for verification.
“With accurate consumer details, official attestation, biometric matching and traditional documentation, myVault is a new paradigm in APAC consumer onboarding for financial service providers.”
-- BERNAMA
Thursday, October 31, 2019
Tuesday, October 29, 2019
NETWORK CRITICAL JOINS ENDACE FUSION PARTNER PROGRAM
Network Visibility Specialists Endace and Network Critical Partner to Provide Deeper Insight into Network Traffic
AUCKLAND, New Zealand & LONDON, Oct 23 (Bernama-BUSINESS WIRE) -- Endace, a world leader in high-speed network recording, playback and analytics hosting, and Network Critical, which produces industry-leading network TAPs and packet brokers, announced today that Network Critical has joined the Endace Fusion Partner Program.
The partnership brings together the EndaceProbe™ Analytics Platform and Network Critical's SmartNA PortPlus™ Packet Brokers, to combine maximum deployment flexibility and streamlined, scale-out expansion capabilities with simple management.
The SmartNA PortPlus can scale from 54 to 194 ports and handle 1/10/25/40/100G traffic speeds, making it easy to match link speeds to sensor capability. Network Critical’s innovative Drag-n-Vu™ Graphical User Interface controls all deployment and management operations with simple drag and click functionality. Users can even develop and implement new filters and port maps in minutes, further simplifying and accelerating deployment and configuration processes.
By combining Network Critical TAPs and packet brokers with EndaceProbes, customers can direct traffic to EndaceProbes for recording to disk and streaming to security analytics solutions hosted in the EndaceProbe’s Application Dock™ hosting environment. With a complete record of every packet on the network, security operations (SecOps) and network operations (NetOps) teams can quickly drill down to full packet capture for fast, definitive issue investigation and resolution.
Endace’s Director of Business Development, Michael Morris, said, “Network Critical’s solutions are a great complement to our EndaceProbe platform. They give customers powerful, precise control over how traffic is directed on the network, and make changing configurations and managing highly scaled, multi-appliance architecture simple.”
“Endace’s ability to accurately record every packet off the wire at full line rate and scale to accommodate very large, fast networks and deep storage requirements is market leading,” said Alastair Hartrup, CEO of Network Critical. “Combined with our solutions, it gives enterprise NetOps and SecOps teams true visibility into what’s happening on their networks.”
Endace and Network Critical are represented in Japan by Nihon Cornet Technology. Visit http://www.nihon-cornet.co.jp/ for more information.
About Endace
Endace’s multifunctional Analytics Platform can host 3rd-party network analytics applications while simultaneously recording a 100% accurate Network History, enabling fast, accurate detection, investigation and analysis of network security and performance issues.
For more information see www.endace.com or follow Endace on Twitter and LinkedIn.
About Network Critical
Network Critical provides the packet-level access needed to deliver scale-out visibility across your entire dynamic network. More than 5,000 companies worldwide across telecom, financial services, retail, healthcare, sports, technology and more depend on Network Critical packet brokers and TAPs for the network traffic insight needed to control changing infrastructure without compromising operations or security. To learn how the company’s unique scale-out visibility layer is helping companies implement software-defined networking, virtualization, edge computing, intent-based policy management and more, visit www.networkcritical.com.
AUCKLAND, New Zealand & LONDON, Oct 23 (Bernama-BUSINESS WIRE) -- Endace, a world leader in high-speed network recording, playback and analytics hosting, and Network Critical, which produces industry-leading network TAPs and packet brokers, announced today that Network Critical has joined the Endace Fusion Partner Program.
The partnership brings together the EndaceProbe™ Analytics Platform and Network Critical's SmartNA PortPlus™ Packet Brokers, to combine maximum deployment flexibility and streamlined, scale-out expansion capabilities with simple management.
The SmartNA PortPlus can scale from 54 to 194 ports and handle 1/10/25/40/100G traffic speeds, making it easy to match link speeds to sensor capability. Network Critical’s innovative Drag-n-Vu™ Graphical User Interface controls all deployment and management operations with simple drag and click functionality. Users can even develop and implement new filters and port maps in minutes, further simplifying and accelerating deployment and configuration processes.
By combining Network Critical TAPs and packet brokers with EndaceProbes, customers can direct traffic to EndaceProbes for recording to disk and streaming to security analytics solutions hosted in the EndaceProbe’s Application Dock™ hosting environment. With a complete record of every packet on the network, security operations (SecOps) and network operations (NetOps) teams can quickly drill down to full packet capture for fast, definitive issue investigation and resolution.
Endace’s Director of Business Development, Michael Morris, said, “Network Critical’s solutions are a great complement to our EndaceProbe platform. They give customers powerful, precise control over how traffic is directed on the network, and make changing configurations and managing highly scaled, multi-appliance architecture simple.”
“Endace’s ability to accurately record every packet off the wire at full line rate and scale to accommodate very large, fast networks and deep storage requirements is market leading,” said Alastair Hartrup, CEO of Network Critical. “Combined with our solutions, it gives enterprise NetOps and SecOps teams true visibility into what’s happening on their networks.”
Endace and Network Critical are represented in Japan by Nihon Cornet Technology. Visit http://www.nihon-cornet.co.jp/ for more information.
About Endace
Endace’s multifunctional Analytics Platform can host 3rd-party network analytics applications while simultaneously recording a 100% accurate Network History, enabling fast, accurate detection, investigation and analysis of network security and performance issues.
For more information see www.endace.com or follow Endace on Twitter and LinkedIn.
About Network Critical
Network Critical provides the packet-level access needed to deliver scale-out visibility across your entire dynamic network. More than 5,000 companies worldwide across telecom, financial services, retail, healthcare, sports, technology and more depend on Network Critical packet brokers and TAPs for the network traffic insight needed to control changing infrastructure without compromising operations or security. To learn how the company’s unique scale-out visibility layer is helping companies implement software-defined networking, virtualization, edge computing, intent-based policy management and more, visit www.networkcritical.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191022005387/en/
Contact
Endace
Email: pr@endace.com
Asia Pacific: Mark Evans, VP Marketing
+64-21-494 850
Network Critical
Email: ajcogswell@voxuspr.com
EMEA: Anthony Cogswell
(253) 444-5980
Source : Endace
--BERNAMA
Contact
Endace
Email: pr@endace.com
Asia Pacific: Mark Evans, VP Marketing
+64-21-494 850
Network Critical
Email: ajcogswell@voxuspr.com
EMEA: Anthony Cogswell
(253) 444-5980
Source : Endace
--BERNAMA
Monday, October 28, 2019
JUMIO RECOGNISED AGAIN IN GARTNER’S 'MARKET GUIDE FOR IDENTITY PROOFING AND CORROBORATION'
KUALA LUMPUR, Oct 22 (Bernama) -- Jumio, the leading AI-powered trusted identity as a service provider has been recognised as a Representative Vendor in Gartner’s latest ‘Market Guide for Identity Proofing and Corroboration’ for the second consecutive year.
Representative Vendors were selected on the basis of one or both of the following: frequent inquiry by Gartner clients about that vendor for identity proofing use cases, vendor offers capabilities supporting identity proofing and corroboration in a way that is unique, innovative and/or demonstrates a forward-looking product strategy.
A key finding of the Market Guide states: “Unrelenting breaches of personal data, as well as usernames and passwords, continue. Given this trend and emerging attack vectors such as synthetic identity fraud, enterprises must move to continuous, risk-based assessment of any claimed identity, both at the establishment of a relationship and in every subsequent interaction.”
Another important finding within the report notes: “There continues to be increased overlap between authentication, identity proofing and fraud detection use cases, leading to blurred lines in terms of internal responsibilities and vendor capabilities.”
Jumio enables modern enterprises to leverage the same biometric — a 3D face map — for initial identity proofing and ongoing user authentication, offering a viable alternative to knowledge-based verification and authentication methodologies.
By using the same biometric upfront and an ongoing basis, organisations can more effectively establish an identity corroboration hub and reliably assess the digital identities of remote users.
More information at https://www.jumio.com.
-- BERNAMA
Sunday, October 27, 2019
Unlikely, mega typhoons affect Japan's major insurance group capitalisation
KUALA LUMPUR, Oct 18 -- The recent mega typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due to appropriate catastrophe risk management and strong capitalisation levels.
This is according to a new AM Best commentary titled, ‘Typhoons Faxai and Hagibis Unlikely to Impact Japanese Insurers’ Capitalization’.
AM Best states that net of reinsurance, the total catastrophe loss impact of Typhoon Faxai on MS&AD Insurance Groups Holdings Inc, Sompo Japan Nipponkoa Insurance Inc and Tokio Marine & Nichido Fire Insurance Co Ltd is unlikely to exceed JPY 200 billion. (JPY 100 = RM3.86)
AM Best believes that the losses from Typhoon Hagibis will be largely driven by flood impact, rather than wind damage.
The global rating agency expects the three mega insurance groups’ gross losses from Typhoon Hagibis to be as significant as that from Typhoon Faxai, albeit possibly less severe than Typhoon Jebi last year.
In AM Best’s view, the underwriting profit generated by the domestic business of the three mega insurers this year should be sufficient to cover the expected net losses from typhoons Faxai and Hagibis, although claims from Typhoon Hagibis may result in it exceeding its domestic catastrophe loss budget for the year.
AM Best will continue to monitor the financial impact of typhoons Faxai and Hagibis on its rated entities and provide updates on ratings as necessary.
-- BERNAMA
This is according to a new AM Best commentary titled, ‘Typhoons Faxai and Hagibis Unlikely to Impact Japanese Insurers’ Capitalization’.
AM Best states that net of reinsurance, the total catastrophe loss impact of Typhoon Faxai on MS&AD Insurance Groups Holdings Inc, Sompo Japan Nipponkoa Insurance Inc and Tokio Marine & Nichido Fire Insurance Co Ltd is unlikely to exceed JPY 200 billion. (JPY 100 = RM3.86)
AM Best believes that the losses from Typhoon Hagibis will be largely driven by flood impact, rather than wind damage.
The global rating agency expects the three mega insurance groups’ gross losses from Typhoon Hagibis to be as significant as that from Typhoon Faxai, albeit possibly less severe than Typhoon Jebi last year.
In AM Best’s view, the underwriting profit generated by the domestic business of the three mega insurers this year should be sufficient to cover the expected net losses from typhoons Faxai and Hagibis, although claims from Typhoon Hagibis may result in it exceeding its domestic catastrophe loss budget for the year.
AM Best will continue to monitor the financial impact of typhoons Faxai and Hagibis on its rated entities and provide updates on ratings as necessary.
-- BERNAMA
Saturday, October 26, 2019
Hyland expands services, leading evolving industry needs across Asia
KUALA LUMPUR, Oct 18 -- Hyland, a leading content services provider for global organisations has expanded and tailored to the company’s solutions to match changing needs in Singapore.
The evolution is in line with Gartner's repositioning of the sector in recent years.
Hyland (Asia-Pacific) director Eugene Chng said: “Nearly two years ago, Gartner saw that typical reference points to traditional content solutions, such as the Enterprise Content Management platform, were no longer relevant.
“Gartner foresaw that cloud adoption and increased integration was going to drive more flexible, holistic tools.
“It marked a shift in our industry and we now refer to our offerings as Content Services, an umbrella term for the complete range of technologies and tools an enterprise requires for safe, fast, accurate capture, case management, workflow, multi-channel customer communications and document lifecycle management.”
Hyland’s Brainware Intelligent Capture is now being deployed across many industries in the Asia Pacific region to accurately capture paper and electronic documents and seamlessly index content to core business applications.
Use of such solutions and services is allowing organisations to reduce costs and improve speed, accuracy and transparency by minimising repetitive, manual tasks at the same time as removing process bottlenecks.
Customer retention is key in this connected economy and customer communication management solutions ensure that businesses have an effective way to create high quality content to achieve effective, personalised communications with their customers.
-- BERNAMA
The evolution is in line with Gartner's repositioning of the sector in recent years.
Hyland (Asia-Pacific) director Eugene Chng said: “Nearly two years ago, Gartner saw that typical reference points to traditional content solutions, such as the Enterprise Content Management platform, were no longer relevant.
“Gartner foresaw that cloud adoption and increased integration was going to drive more flexible, holistic tools.
“It marked a shift in our industry and we now refer to our offerings as Content Services, an umbrella term for the complete range of technologies and tools an enterprise requires for safe, fast, accurate capture, case management, workflow, multi-channel customer communications and document lifecycle management.”
Hyland’s Brainware Intelligent Capture is now being deployed across many industries in the Asia Pacific region to accurately capture paper and electronic documents and seamlessly index content to core business applications.
Use of such solutions and services is allowing organisations to reduce costs and improve speed, accuracy and transparency by minimising repetitive, manual tasks at the same time as removing process bottlenecks.
Customer retention is key in this connected economy and customer communication management solutions ensure that businesses have an effective way to create high quality content to achieve effective, personalised communications with their customers.
-- BERNAMA
Friday, October 25, 2019
World wants bigger chunk of fresh meat, forecast annual growth
KUALA LUMPUR, Oct 17 -- Fresh meat represents 89 per cent of the total volume of meat sold globally and it is projected to grow by two per cent annually through 2023.
Euromonitor International has released the findings during its webinar ‘The future of meat: is consumption really decreasing?’, according to a statement.
“While environmental, health and ethical motives are driving consumers to cut back on meat in some developed markets, global meat sales are growing, mostly driven by demand in developing nations,” said Euromonitor International industry manager (food and nutrition), Tom Rees.
According to Euromonitor International’s health and nutrition survey, 21 per cent of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach US$23 billion by 2023. (US$1 = RM4.19)
Western Europe shows the slowest growth in total volume sales, both in fresh and processed meat, at 0.1 per cent and -0.1 per cent, respectively, through 2023.
In addition, Middle East and Africa recorded the most impressive growth at over four per cent through 2023, while in Asia Pacific, demand continues to grow as consumers relate meat consumption to health and social status.
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. More information at https://www.euromonitor.com.
-- BERNAMA
Euromonitor International has released the findings during its webinar ‘The future of meat: is consumption really decreasing?’, according to a statement.
“While environmental, health and ethical motives are driving consumers to cut back on meat in some developed markets, global meat sales are growing, mostly driven by demand in developing nations,” said Euromonitor International industry manager (food and nutrition), Tom Rees.
According to Euromonitor International’s health and nutrition survey, 21 per cent of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach US$23 billion by 2023. (US$1 = RM4.19)
Western Europe shows the slowest growth in total volume sales, both in fresh and processed meat, at 0.1 per cent and -0.1 per cent, respectively, through 2023.
In addition, Middle East and Africa recorded the most impressive growth at over four per cent through 2023, while in Asia Pacific, demand continues to grow as consumers relate meat consumption to health and social status.
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. More information at https://www.euromonitor.com.
-- BERNAMA
TomTom launches second generation Road Event Reporter
KUALA LUMPUR, Oct 17 -- TomTom, the location technology specialist has launched its second generation, Road Event Reporter for reporting road closures, works and events.
The TomTom Road Event Reporter is an easy-to-use web-based application that allows road authorities and trusted partners to help drivers avoid unnecessary delay and frustration by reporting current and upcoming road events.
The free-to-use application is a map-based tool which allows the visualisation of traffic flow and incidents. It is available in the 81 countries where TomTom provides real-time traffic information.
According to TomTom Traffic and Travel Information vice-president, Ralf-Peter Schäfer, government agencies, automotive and logistics customers, as well as drivers in general, rely on its real-time traffic information to keep moving.
“That’s why we’ve developed our next-generation Road Event Reporter tool which is even more intuitive for cities and road authorities to use,” said Schäfer.
With Road Event Reporter, cities and road authorities can announce roadworks in time for drivers to find new routes and prevent congestion from forming.
It also enables event organisers to announce races, festivals or street markets that might disrupt traffic.
Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide. More information at https://www.tomtom.com.
-- BERNAMA
The TomTom Road Event Reporter is an easy-to-use web-based application that allows road authorities and trusted partners to help drivers avoid unnecessary delay and frustration by reporting current and upcoming road events.
The free-to-use application is a map-based tool which allows the visualisation of traffic flow and incidents. It is available in the 81 countries where TomTom provides real-time traffic information.
According to TomTom Traffic and Travel Information vice-president, Ralf-Peter Schäfer, government agencies, automotive and logistics customers, as well as drivers in general, rely on its real-time traffic information to keep moving.
“That’s why we’ve developed our next-generation Road Event Reporter tool which is even more intuitive for cities and road authorities to use,” said Schäfer.
With Road Event Reporter, cities and road authorities can announce roadworks in time for drivers to find new routes and prevent congestion from forming.
It also enables event organisers to announce races, festivals or street markets that might disrupt traffic.
Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide. More information at https://www.tomtom.com.
-- BERNAMA
AM Best gives Marble Reinsurance Corporation excellent rating
KUALA LUMPUR, Oct 17 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of Marble Reinsurance Corporation (Marble Re) Micronesia.
The stable outlook of these credit ratings reflects Marble Re’s balance sheet strength, which AM Best categorised as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
It also reflects AM Best’s expectation that Marble Re’s operating performance will remain at a strong level, underpinned mainly by favourable claims experience and an expense ratio that should remain stable over time.
Marble Re’s balance sheet assessment is underpinned by risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio and it is expected to remain stable, supported by low underwriting leverage and a conservative investment portfolio.
Marble Re’s favourable operating results are demonstrated by a five-year average return on equity of approximately 15 per cent, driven primarily by its good underwriting results, with a five-year average combined ratio of under 60 per cent (2014 to 2018).
The company’s business profile is assessed as neutral; its underwriting portfolio is composed mainly of marine cargo and hull business from affiliated and related companies within the Marubeni Group, one of the largest trading companies in Japan.
AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The stable outlook of these credit ratings reflects Marble Re’s balance sheet strength, which AM Best categorised as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
It also reflects AM Best’s expectation that Marble Re’s operating performance will remain at a strong level, underpinned mainly by favourable claims experience and an expense ratio that should remain stable over time.
Marble Re’s balance sheet assessment is underpinned by risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio and it is expected to remain stable, supported by low underwriting leverage and a conservative investment portfolio.
Marble Re’s favourable operating results are demonstrated by a five-year average return on equity of approximately 15 per cent, driven primarily by its good underwriting results, with a five-year average combined ratio of under 60 per cent (2014 to 2018).
The company’s business profile is assessed as neutral; its underwriting portfolio is composed mainly of marine cargo and hull business from affiliated and related companies within the Marubeni Group, one of the largest trading companies in Japan.
AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
Wednesday, October 23, 2019
Mobile financial services´ transactions to exceed US$1 trillion by 2024
KUALA LUMPUR, Oct 15 -- Come 2024, the total transaction value of the mobile financial services (MFS) market will exceed US$1 trillion, a 70 per cent growth from US$580 billion this year. (US$1 = RM4.19)
This is according to a new study from Juniper Research, titled ‘Mobile Financial Services in Emerging Markets: Monetisation Models & Market Forecasts 2019-2024’.
The research identified a range of untapped opportunities in Latin America for services such as micro finance, micro loans and money transfer, as a key driver of MFS growth over the next five years.
The research forecasts that the total number of users accessing MFS in Latin America will grow 20 per cent on average annually over the next five years.
This is predicted to grow twice as fast as saturated markets such as Africa & Middle East. In response, it urged MFS vendors to leverage existing experience to launch services in this under-served market.
In addition, the research found that Cash In, Cash Out (CICO) transactions will be the largest driver of growth for the MFS market, exceeding a value of US$590 billion by 2024.
CICO allows users to access traditional banking services such as deposits and withdrawals, via mobile devices.
-- BERNAMA
This is according to a new study from Juniper Research, titled ‘Mobile Financial Services in Emerging Markets: Monetisation Models & Market Forecasts 2019-2024’.
The research identified a range of untapped opportunities in Latin America for services such as micro finance, micro loans and money transfer, as a key driver of MFS growth over the next five years.
The research forecasts that the total number of users accessing MFS in Latin America will grow 20 per cent on average annually over the next five years.
This is predicted to grow twice as fast as saturated markets such as Africa & Middle East. In response, it urged MFS vendors to leverage existing experience to launch services in this under-served market.
In addition, the research found that Cash In, Cash Out (CICO) transactions will be the largest driver of growth for the MFS market, exceeding a value of US$590 billion by 2024.
CICO allows users to access traditional banking services such as deposits and withdrawals, via mobile devices.
-- BERNAMA
CSC among Top 10 Legal Tech Consulting/Services Companies in 2019
KUALA LUMPUR, Oct 15 -- CSC is named one of Top 10 Legal Tech Consulting/Services Companies in 2019 by APAC CIO Outlook.
This honour is given to a few selected companies that have earned the trust from the legal community in APAC, according to a statement.
“We are excited to be among the Top 10 Legal Tech Consulting/Services Companies in Asia. CSC has done a lot in creating awareness on the importance of securing digital assets, including domain names,” said regional sales director (APAC), Jayce Yeo.
CSC was chosen through a multi-layered process, including input from a panel of evaluators and subscriber feedback, of which APAC CIO Outlook has over 60,000, comprising CIOs, CTOs, heads of legal operations, practice heads and chief privacy and information security officers.
CSC is featured in the magazine’s cover story, ‘Your Brand: Secured!’, discussing the importance of digital asset security, which is currently available on https://www.cscdigitalbrand.services.
It also supports companies making significant investments in their security posture by exposing blind spots that exist within fundamental internet assets such as domain names, DNS and digital certificates.
-- BERNAMA
This honour is given to a few selected companies that have earned the trust from the legal community in APAC, according to a statement.
“We are excited to be among the Top 10 Legal Tech Consulting/Services Companies in Asia. CSC has done a lot in creating awareness on the importance of securing digital assets, including domain names,” said regional sales director (APAC), Jayce Yeo.
CSC was chosen through a multi-layered process, including input from a panel of evaluators and subscriber feedback, of which APAC CIO Outlook has over 60,000, comprising CIOs, CTOs, heads of legal operations, practice heads and chief privacy and information security officers.
CSC is featured in the magazine’s cover story, ‘Your Brand: Secured!’, discussing the importance of digital asset security, which is currently available on https://www.cscdigitalbrand.services.
It also supports companies making significant investments in their security posture by exposing blind spots that exist within fundamental internet assets such as domain names, DNS and digital certificates.
-- BERNAMA
Tuesday, October 22, 2019
´Smart Rail Connecting the Future´ expo takes off in Changsha, China
KUALA LUMPUR, Oct 18 -- The 2019 China International Rail Transit & Equipment Manufacturing Industry Exposition (InteRail Expo) begins today, at the Changsha International Convention and Exhibition Center in Central China's Hunan Province.
The three-day event themed ‘Smart Rail Connecting the Future’ will showcase new technologies and innovations offered by the global rail transit and equipment manufacturing sectors.
According to the Organizing Committee of the China International Rail Transit & Equipment Manufacturing Industry Exposition, CRRC, Bombardier, Siemens and Wabtec have confirmed their attendance.
The exhibition will also display rail transit vehicles and their inferiors, engineering design and testing services, and equipment for railway, tunnel and bridge construction.
During the expo, business attendees will be invited by the organiser to visit Zhuzhou, a city of Hunan and significant companies based in the province by mag-lev train and autonomous rail rapid transit.
The event is expected to be joined by governmental officials and representatives of business associations and enterprises from nearly 20 countries, including Germany, France, Japan, South Korea, India, Malaysia, Indonesia, Vietnam and Singapore.
There will also be a summit and matchmaking session for professionals and the first-time-ever Directory of High-level Talent Demands in the Rail Transit and Equipment Manufacturing Industries issued.
-- BERNAMA
The three-day event themed ‘Smart Rail Connecting the Future’ will showcase new technologies and innovations offered by the global rail transit and equipment manufacturing sectors.
According to the Organizing Committee of the China International Rail Transit & Equipment Manufacturing Industry Exposition, CRRC, Bombardier, Siemens and Wabtec have confirmed their attendance.
The exhibition will also display rail transit vehicles and their inferiors, engineering design and testing services, and equipment for railway, tunnel and bridge construction.
During the expo, business attendees will be invited by the organiser to visit Zhuzhou, a city of Hunan and significant companies based in the province by mag-lev train and autonomous rail rapid transit.
The event is expected to be joined by governmental officials and representatives of business associations and enterprises from nearly 20 countries, including Germany, France, Japan, South Korea, India, Malaysia, Indonesia, Vietnam and Singapore.
There will also be a summit and matchmaking session for professionals and the first-time-ever Directory of High-level Talent Demands in the Rail Transit and Equipment Manufacturing Industries issued.
-- BERNAMA
Indonesia´s TUGU affirmed with excellent credit ratings - AM Best
KUALA LUMPUR, Oct 14 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of PT Asuransi Tugu Pratama Indonesia, Tbk (TUGU), Indonesia.
The negative outlook of these credit ratings reflects TUGU’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
The ratings also factor in a neutral impact from the company’s ultimate majority ownership by Indonesia’s government, according to a statement.
The negative outlooks reflect AM Best’s ongoing concern over the company’s risk management and its ability to manage enterprise-wide risks and operations effectively.
TUGU’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which remains at the strongest level, as measured by Best’s Capital Adequacy Ratio. Internal capital generation over recent years, along with a capital raising in 2018, has strengthened its capital base and continued to support business expansion.
AM Best views TUGU’s operating performance as strong. The company reported five-year average combined and operating ratios of 82 per cent and 64 per cent, respectively (2014 to 2018).
A significant contributor to the company’s underwriting profits has been its corporate business from PT Pertamina (Persero), TUGU’s immediate parent and Indonesia’s national integrated energy company.
AM Best is a global rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
The negative outlook of these credit ratings reflects TUGU’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
The ratings also factor in a neutral impact from the company’s ultimate majority ownership by Indonesia’s government, according to a statement.
The negative outlooks reflect AM Best’s ongoing concern over the company’s risk management and its ability to manage enterprise-wide risks and operations effectively.
TUGU’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which remains at the strongest level, as measured by Best’s Capital Adequacy Ratio. Internal capital generation over recent years, along with a capital raising in 2018, has strengthened its capital base and continued to support business expansion.
AM Best views TUGU’s operating performance as strong. The company reported five-year average combined and operating ratios of 82 per cent and 64 per cent, respectively (2014 to 2018).
A significant contributor to the company’s underwriting profits has been its corporate business from PT Pertamina (Persero), TUGU’s immediate parent and Indonesia’s national integrated energy company.
AM Best is a global rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.
-- BERNAMA
Saturday, October 19, 2019
Crown Bioscience unveils tumour organoid drug development platform
KUALA LUMPUR, Oct 18 -- Crown Bioscience Inc has launched a new tumour organoid drug development platform with potential to significantly improve the predictivity and speed of preclinical drug discovery.
The initial phase of the platform launch features the first commercially available 3D in vitro PDX-derived organoid (PDXO) models, generated from the company’s uniquely-characterised library of over 2,500 patient-derived xenograft (PDX) models.
Further benefits of patient-relevant PDXO models include preserving the genomic, morphological and pathophysiological identity of their parental PDX tumours.
PDXOs are biologically equivalent to highly predictive in vivo PDX models, both being cancer stem cell driven disease models.
PDXOs bring the added benefits of speed and scalability inherent to in vitro systems which are ideal for high-throughput, large-scale screens and simultaneous testing of multiple combination strategies.
These 3D in vitro models have been developed using best-in-class Hubrecht Organoid Technology (HUB) protocols, originating from the Clevers lab, guaranteeing robustness and proven translatability.
CrownBio has an exclusive licence from HUB to provide preclinical oncology drug development and validation services using HUB’s Organoid Technology.
The initial launch of PDXO models includes more than 10 cancer types. Phase 2 of the platform will see HUB patient-derived organoids available exclusively from CrownBio in first quarter next year.
-- BERNAMA
The initial phase of the platform launch features the first commercially available 3D in vitro PDX-derived organoid (PDXO) models, generated from the company’s uniquely-characterised library of over 2,500 patient-derived xenograft (PDX) models.
Further benefits of patient-relevant PDXO models include preserving the genomic, morphological and pathophysiological identity of their parental PDX tumours.
PDXOs are biologically equivalent to highly predictive in vivo PDX models, both being cancer stem cell driven disease models.
PDXOs bring the added benefits of speed and scalability inherent to in vitro systems which are ideal for high-throughput, large-scale screens and simultaneous testing of multiple combination strategies.
These 3D in vitro models have been developed using best-in-class Hubrecht Organoid Technology (HUB) protocols, originating from the Clevers lab, guaranteeing robustness and proven translatability.
CrownBio has an exclusive licence from HUB to provide preclinical oncology drug development and validation services using HUB’s Organoid Technology.
The initial launch of PDXO models includes more than 10 cancer types. Phase 2 of the platform will see HUB patient-derived organoids available exclusively from CrownBio in first quarter next year.
-- BERNAMA
Friday, October 18, 2019
Informa Pharma Intelligence launches Citeline Engage solution
KUALA LUMPUR, Oct 11 -- Informa Pharma Intelligence has unveiled a new solution to optimise site selection and increase trial efficiencies to accelerate clinical trial timelines, enabling a faster path to market for drugs.
Citeline Engage is a first-to-market solution designed specifically to help optimise protocol development, site feasibility, and most importantly, increase physician engagement and drive patient awareness to support faster enrollment into clinical trials.
This solution is beneficial for contract research organisations and sponsors.
Informa Pharma Intelligence’s Citeline Engage utilises real-world data to offer the most efficient outreach services that allow customers to better recruit investigators and patients, optimise trial protocols and ignite awareness around trials.
Informa Pharma Intelligence, Vice-President (Product Development), Nicola Marlin said: “Citeline Engage empowers organisations to create and run the most efficient clinical trials possible through targeting and recruiting top tier investigators and select sites using unique online communities of verified healthcare professionals.
Informa Pharma Intelligence powers a full suite of analysis products to deliver the data needed by the pharmaceutical and biomedical industry to make decisions and create real-world opportunities for growth.
-- BERNAMA
Citeline Engage is a first-to-market solution designed specifically to help optimise protocol development, site feasibility, and most importantly, increase physician engagement and drive patient awareness to support faster enrollment into clinical trials.
This solution is beneficial for contract research organisations and sponsors.
Informa Pharma Intelligence’s Citeline Engage utilises real-world data to offer the most efficient outreach services that allow customers to better recruit investigators and patients, optimise trial protocols and ignite awareness around trials.
Informa Pharma Intelligence, Vice-President (Product Development), Nicola Marlin said: “Citeline Engage empowers organisations to create and run the most efficient clinical trials possible through targeting and recruiting top tier investigators and select sites using unique online communities of verified healthcare professionals.
Informa Pharma Intelligence powers a full suite of analysis products to deliver the data needed by the pharmaceutical and biomedical industry to make decisions and create real-world opportunities for growth.
-- BERNAMA
Tuesday, October 15, 2019
Sunday, October 13, 2019
THE 3 KEY DRIVERS IMPACTING MEGATRENDS - TECHNOLOGY, CUSTOMISATION AND SUSTAINABILITY
LONDON, Oct 10 (Bernama-BUSINESS WIRE) -- Technology, customisation and sustainability are the three significant drivers impacting the eight key megatrends identified by Euromonitor International.
By the end of 2019, 72% of the global household population will own at least one smartphone, with more than 100 million online users located in China and India alone, making technology one of the key megatrends’ drivers. “Technology has become such a big part of everyday life that the word ‘Nomophobia’ has been given for the irrational fear of being without a mobile phone,” says Alison Angus, head of lifestyles at Euromonitor International.
Intertwined with technology, customisation is the second driver reinventing shopping experiences. According to the white paper ‘2019 Megatrends: State of Play’, as consumers are increasingly seeking a personalised purchasing journey, retailers are altering the concept of shopping by integrating artificial Intelligence, 5G and social media into everyday lives.
With 65% of global consumers prioritising the need to make a positive impact on the environment, sustainability is the final key driver. As consumer activism is rapidly rising, governments worldwide are committing towards sustainable growth and challenging corporations to offer sustainable solutions. “The change in consumer demands will contribute towards a rise in investments amongst emerging economies, driving businesses to develop innovative strategies to meet those demands” concludes Angus.
To understand how the eight megatrends have been evolving through the three key drivers, download the free whitepaper here
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, Euromonitor International helps you make sense of global markets.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191010005037/en/
Contact
Carol Li
Communications Executive - Euromonitor International
Tel: +44 2078515024 Ext 5222
Carol.li@euromonitor.com
Source : Euromonitor International
--BERNAMA
By the end of 2019, 72% of the global household population will own at least one smartphone, with more than 100 million online users located in China and India alone, making technology one of the key megatrends’ drivers. “Technology has become such a big part of everyday life that the word ‘Nomophobia’ has been given for the irrational fear of being without a mobile phone,” says Alison Angus, head of lifestyles at Euromonitor International.
Intertwined with technology, customisation is the second driver reinventing shopping experiences. According to the white paper ‘2019 Megatrends: State of Play’, as consumers are increasingly seeking a personalised purchasing journey, retailers are altering the concept of shopping by integrating artificial Intelligence, 5G and social media into everyday lives.
With 65% of global consumers prioritising the need to make a positive impact on the environment, sustainability is the final key driver. As consumer activism is rapidly rising, governments worldwide are committing towards sustainable growth and challenging corporations to offer sustainable solutions. “The change in consumer demands will contribute towards a rise in investments amongst emerging economies, driving businesses to develop innovative strategies to meet those demands” concludes Angus.
To understand how the eight megatrends have been evolving through the three key drivers, download the free whitepaper here
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, Euromonitor International helps you make sense of global markets.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191010005037/en/
Contact
Carol Li
Communications Executive - Euromonitor International
Tel: +44 2078515024 Ext 5222
Carol.li@euromonitor.com
Source : Euromonitor International
--BERNAMA
FXCM PRO PARTNERS WITH FLEXTRADE ON TECHNOLOGY
LONDON and SINGAPORE, Oct 9 (Bernama-GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading and related services, together with FlexTrade, a global leader in high performance execution management and order management systems for equities, foreign exchange, options, futures and fixed income, announced a technology partnership for FXCM’s institutional business and FlexTrade’s “MaxxTrader” solution.
FXCM, through FXCM Pro, provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
Siju Daniel, Chief Commercial Officer of FXCM Group, noted: “We are thrilled to partner with FlexTrade, a truly innovative and leading technology provider in the space.” Daniel added: “MaxxTrader is an End-to-End, dedicated and customizable solution covering all products including FX Spot, Swaps, NDFs, CFDs and Commodities across all the major hosting centers including NY4, LD4, TY3 and SG1.
“This, coupled with FXCM’s leadership in supplying unique and tailored bank and non-bank liquidity, delivers a powerful offering to clients who require best in class across their technology and liquidity needs. FXCM Pro further differentiates itself by adding FlexTrade to its existing suite of robust solutions.”
Manish Kedia, Managing Director of FlexTrade APAC, stated: “FXCM is a leader in this space and ahead of the curve in terms of liquidity and pricing. And when you combine it with our “MaxxTrader” solution, it’s a win-win situation for clients interested in a comprehensive solution.
“FXCM Pro’s long-standing reputation of being fully client oriented made our decision to integrate with them an easy one. We are a firm believer in FXCM Pro’s vision and look forward to further collaborations.”
About FlexTrade:
Founded in 1996, FlexTrade Systems is the global leader in high performance execution management and order management systems for equities, foreign exchange, options, futures and fixed income.
A pioneer in the field, FlexTrade is internationally recognized for introducing FlexTRADER, the world’s first broker-neutral, and execution management trading system, which allows clients to completely control and customize their proprietary algorithms while maintaining the confidentiality of their trading strategies.
“MaxxTrader” is a comprehensive White Label solution offering Desktop, Web and Mobile apps, along with distribution on the FIX API and integration with all the major distribution channels. It covers an end-to-end workflow that includes Aggregation, Price creation, Distribution, Order Management, Margin Engine, Risk Management and Auto-hedging strategies. It has an out-of-the box Algo suite such as TWAP, VWAP and Basket trading, that can be used internally and offered directly to clients.
About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
Trading Forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with Forex Capital Markets Limited ("FXCM LTD"), retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.
Read full disclaimer.
Media contact:
Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com
Source: FXCM Group
--BERNAMA
FXCM, through FXCM Pro, provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
Siju Daniel, Chief Commercial Officer of FXCM Group, noted: “We are thrilled to partner with FlexTrade, a truly innovative and leading technology provider in the space.” Daniel added: “MaxxTrader is an End-to-End, dedicated and customizable solution covering all products including FX Spot, Swaps, NDFs, CFDs and Commodities across all the major hosting centers including NY4, LD4, TY3 and SG1.
“This, coupled with FXCM’s leadership in supplying unique and tailored bank and non-bank liquidity, delivers a powerful offering to clients who require best in class across their technology and liquidity needs. FXCM Pro further differentiates itself by adding FlexTrade to its existing suite of robust solutions.”
Manish Kedia, Managing Director of FlexTrade APAC, stated: “FXCM is a leader in this space and ahead of the curve in terms of liquidity and pricing. And when you combine it with our “MaxxTrader” solution, it’s a win-win situation for clients interested in a comprehensive solution.
“FXCM Pro’s long-standing reputation of being fully client oriented made our decision to integrate with them an easy one. We are a firm believer in FXCM Pro’s vision and look forward to further collaborations.”
About FlexTrade:
Founded in 1996, FlexTrade Systems is the global leader in high performance execution management and order management systems for equities, foreign exchange, options, futures and fixed income.
A pioneer in the field, FlexTrade is internationally recognized for introducing FlexTRADER, the world’s first broker-neutral, and execution management trading system, which allows clients to completely control and customize their proprietary algorithms while maintaining the confidentiality of their trading strategies.
“MaxxTrader” is a comprehensive White Label solution offering Desktop, Web and Mobile apps, along with distribution on the FIX API and integration with all the major distribution channels. It covers an end-to-end workflow that includes Aggregation, Price creation, Distribution, Order Management, Margin Engine, Risk Management and Auto-hedging strategies. It has an out-of-the box Algo suite such as TWAP, VWAP and Basket trading, that can be used internally and offered directly to clients.
About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
Trading Forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with Forex Capital Markets Limited ("FXCM LTD"), retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.
Read full disclaimer.
Media contact:
Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com
Source: FXCM Group
--BERNAMA
Saturday, October 12, 2019
EUROMONITOR INTERNATIONAL REVEALS THE EVOLVING TRENDS IN FOOD AND NUTRITION AT ANUGA 2019
DUSSELDORF, Germany, Oct 7 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International launches today a new whitepaper looking at the evolving trends in the food and nutrition industry at Anuga.
This whitepaper highlights consumer segmentation, mindful consumption and plant-based eating as the three key themes currently shaping new product developments in food and nutrition. According to Euromonitor International, the global food and nutrition industry grew by 1.6% in 2013-2018 and keeps growing, with Asia Pacific and Middle East and Africa ranking top in the regions with the best outlook in packaged food sales, expected to grow 4% and 3.7% respectively by 2023. This constant growth in the global food and nutrition industry requires regular strategy adaptation from companies in order to meet consumer demand. “In view of the evolving trends manufacturers need to span their product offerings from indulgent to nutritious to reach consumers with wide-ranging needs and in expectation of a sensory experience”, states Katharina Bagul, industry manager at Euromonitor International. New and niche ingredients provide producers the means to innovate and offer opportunities for a healthy product positioning. “The meat-free space saw the most interesting developments with meat analogues being the game changer in 2019. In terms of alternative proteins, the future will tell if edible insects and lab-cultured meat will be able to achieve a breakthrough and acceptance by a wider consumer base,” explains Katharina Bagul. To download the free report, please click here. About Euromonitor International Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, we help you make sense of global markets. View source version on businesswire.com: https://www.businesswire.com/news/home/20191007005007/en/ Contact For further information, please contact: Soren Buchheister Communication Associate- Euromonitor International Tel: +49 (0) 211 890944 23 soren.buchheister@euromonitor.com Source : Euromonitor International --BERNAMA |
AZBIL LAUNCHES PHOTOELECTRIC SWITCHES WITH IMPROVED ENVIRONMENTAL RESISTANCE
Photoelectric Switch for Harsh Environments Model H2B (Photo: Business Wire)
- Enables Reduced Downtime Due to Improved Coolant Resistance -
TOKYO, Oct 7 (Bernama-BUSINESS WIRE) -- Azbil Corporation (TOKYO:6845) has started sales of Photoelectric Switches for Harsh Environments Model H2B, designed for long-term use in harsh environments such as those in the metalworking processes of automotive manufacturing equipment.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20191007005323/en/
In the metalworking processes of production lines for automobiles and automotive parts, photoelectric switches come into contact with various oil-based coolants, breakdowns frequently occur mainly resulting from coolant penetrating the switch interior through cracks and cables, or other means. The Model H2B has been designed to reduce interruptions to production lines caused by switch breakdown, as well as increase factory operating efficiency.
The Model H2B features die-cast housing for shock resistance and a glass lens cover. By improving the sealing of cables and outlets, and filling cable interiors with epoxy resin, Azbil has enhanced the switches’ protection from coolants.
Features
1 Robust construction and superior oil resistance
The Model H2B features die-cast housing for shock resistance and a glass lens cover. By improving the sealing of cables and outlets, and filling cable interiors with epoxy resin, Azbil has enhanced the switches’ protection from coolants.
Features
1 Robust construction and superior oil resistance
- Die-cast housing and glass lens cover construction does not use resin, which prevents cracking.
- Multiple sealing prevents coolant from seeping into gaps and other small openings.
- Cable interior filled with epoxy resin to prevent coolant from seeping in.
2 Inclusion of a model that includes a slit
- Increased detection performance of small objects due to a narrowed light beam, which is useful when detecting tools with a small diameter or differentiating irregularly-shaped parts.
3 Inclusion of a standard model with a 10-meter cable
- Eliminating the need for an extension cable prevents coolant from seeping in where the cables connect.
For more information, please visit the following website.
https://www.azbil.com/products/factory/factory-product/switch-sensor/photoelectric-switch/self-contained/lineup.html
Guided by the azbil Group philosophy of “human-centered automation,” Azbil is committed to delivering products that satisfy customers’ needs, providing safety, comfort, and fulfillment.
About Azbil Corporation
Azbil Corporation, formerly known as Yamatake Corporation, is a leading company in building and industrial automation, using its measurement and control technologies to provide customers with high value-added solutions to make their operations more efficient and sustainable. Founded in 1906, Azbil serves customers across the globe in a broad range of industries and aims to contribute to people's safety, comfort and fulfilment, and global environmental preservation. At the end of March 2019, Azbil employed 9,600 people worldwide and generated ¥262 billion in revenue.
For more information, please visit https://www.azbil.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191007005323/en/
Contact
Robert Jones / Masayoshi Kogai
Public Relations Section, Azbil Corporation
Phone: +81-3-6810-1006 Email: publicity@azbil.com
Source : Azbil Corporation
--BERNAMA
https://www.azbil.com/products/factory/factory-product/switch-sensor/photoelectric-switch/self-contained/lineup.html
Guided by the azbil Group philosophy of “human-centered automation,” Azbil is committed to delivering products that satisfy customers’ needs, providing safety, comfort, and fulfillment.
About Azbil Corporation
Azbil Corporation, formerly known as Yamatake Corporation, is a leading company in building and industrial automation, using its measurement and control technologies to provide customers with high value-added solutions to make their operations more efficient and sustainable. Founded in 1906, Azbil serves customers across the globe in a broad range of industries and aims to contribute to people's safety, comfort and fulfilment, and global environmental preservation. At the end of March 2019, Azbil employed 9,600 people worldwide and generated ¥262 billion in revenue.
For more information, please visit https://www.azbil.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191007005323/en/
Contact
Robert Jones / Masayoshi Kogai
Public Relations Section, Azbil Corporation
Phone: +81-3-6810-1006 Email: publicity@azbil.com
Source : Azbil Corporation
--BERNAMA
Deepest port in US East Coast, first phase of dredging begins January
KUALA LUMPUR, Oct 11 (Bernama) -- The move to make The Port of Virginia®, the deepest port on the United States East Coast begins in January, following finalisation of a contract with the dredging firm that will build the project’s initial phase.
Virginia Port Authority chief executive officer and executive director, John F. Reinhart recently signed a contract with New Jersey-based Weeks Marine to begin construction, according to a statement.
The contract for the first phase is US$78 million and the total cost of the project, including the preliminary engineering and design work is US$350 million. (US$1 = RM4.18)
The work includes dredging the shipping channels to 55 feet – with deeper ocean approaches – and widening the channel to more than 1,400 feet in specific areas.
When dredging is complete in 2024, the commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.
“Virginia is well-positioned to be the premier gateway for trade on the East Coast. We are building a world-class port and thinking long-term with focus on productivity and service for decades to come,” said Reinhart.
The port is less than a year away from completing a US$750 million expansion of its two primary container terminals. When complete, the port will have the capacity to handle one million additional containers annually.
-- BERNAMA
Virginia Port Authority chief executive officer and executive director, John F. Reinhart recently signed a contract with New Jersey-based Weeks Marine to begin construction, according to a statement.
The contract for the first phase is US$78 million and the total cost of the project, including the preliminary engineering and design work is US$350 million. (US$1 = RM4.18)
The work includes dredging the shipping channels to 55 feet – with deeper ocean approaches – and widening the channel to more than 1,400 feet in specific areas.
When dredging is complete in 2024, the commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.
“Virginia is well-positioned to be the premier gateway for trade on the East Coast. We are building a world-class port and thinking long-term with focus on productivity and service for decades to come,” said Reinhart.
The port is less than a year away from completing a US$750 million expansion of its two primary container terminals. When complete, the port will have the capacity to handle one million additional containers annually.
-- BERNAMA
FOOD AFRICA AND PACPROCESS MIDDLE EAST AFRICA: A SPOTLIGHT ON THE REGION'S OPPORTUNITIES
EGYPT, Oct 7 (Bernama-GLOBE NEWSWIRE) -- Egypt, the gateway to key markets in the Middle East and Africa, is scheduled to host two major international trade fairs in December that will set numerous business opportunities in motion and establish new international trade connections.
Food Africa, the 5th International Trade Exhibition for Food & Beverages, returns to Cairo from 9 to 11 December, at the Egypt International Exhibitions Center. The trade fair has earned its reputation as a leading F&B business platform to promote international trade and investment opportunities in the Egyptian and greater African & Middle Eastern markets.
Last year, Food Africa welcomed 350 exhibitors from 28 countries, hosted 420 leading buyers from Egypt and the region, and attracted 13,590 professional visitors. The exhibition recorded an eminent success with numerous partnerships and trade deals signed on the spot.
Running alongside Food Africa this year is a brand-new international exhibition, organized by one of the world’s leading event organizers; Messe Düsseldorf. pacprocess Middle East Africa, the International Exhibition for Processing & Packaging in the Middle East and Africa, is the latest addition to the interpack alliance, which spans all international events staged by Messe Düsseldorf under its Processing & Packaging portfolio.
The trade fair brings together local and international industry stakeholders from across the entire value chain to showcase cutting-edge technologies and forge lucrative partnerships. pacprocess Middle East Africa also features two specialized conferences; innovationparc and SAVE FOOD Initiative that will address the latest innovations, technologies, and trends in this industry, and highlight optimal solutions for reducing food waste.
The ‘Hosted Buyers Program’ is a valuable tool offered by these two exhibitions for local and international industry specialists who are looking to expand their businesses and infiltrate new markets. It is a specialized Business-to-Business platform that is developed with a primary focus on building bridges between buyers, vendors, and traders from across the region and beyond, to facilitate business undertakings and allow guest buyers to explore a diverse range of products and negotiate contracts.
Participants in the Hosted Buyers Program benefit from the opportunity to source products efficiently through pre-arranged appointments with worldwide suppliers and manufacturers, network with international industry stakeholders, and witness the latest innovations and trends firsthand.
For more information about pacprocess Middle East Africa and Food Africa, visit www.pacprocess-mea.com and www.foodafrica-expo.com
Attachments
Caroline Christidis
IFP Group
Caroline.christidis@ifpexpo.com
Source : IFP Group
Food Africa, the 5th International Trade Exhibition for Food & Beverages, returns to Cairo from 9 to 11 December, at the Egypt International Exhibitions Center. The trade fair has earned its reputation as a leading F&B business platform to promote international trade and investment opportunities in the Egyptian and greater African & Middle Eastern markets.
Last year, Food Africa welcomed 350 exhibitors from 28 countries, hosted 420 leading buyers from Egypt and the region, and attracted 13,590 professional visitors. The exhibition recorded an eminent success with numerous partnerships and trade deals signed on the spot.
Running alongside Food Africa this year is a brand-new international exhibition, organized by one of the world’s leading event organizers; Messe Düsseldorf. pacprocess Middle East Africa, the International Exhibition for Processing & Packaging in the Middle East and Africa, is the latest addition to the interpack alliance, which spans all international events staged by Messe Düsseldorf under its Processing & Packaging portfolio.
The trade fair brings together local and international industry stakeholders from across the entire value chain to showcase cutting-edge technologies and forge lucrative partnerships. pacprocess Middle East Africa also features two specialized conferences; innovationparc and SAVE FOOD Initiative that will address the latest innovations, technologies, and trends in this industry, and highlight optimal solutions for reducing food waste.
The ‘Hosted Buyers Program’ is a valuable tool offered by these two exhibitions for local and international industry specialists who are looking to expand their businesses and infiltrate new markets. It is a specialized Business-to-Business platform that is developed with a primary focus on building bridges between buyers, vendors, and traders from across the region and beyond, to facilitate business undertakings and allow guest buyers to explore a diverse range of products and negotiate contracts.
Participants in the Hosted Buyers Program benefit from the opportunity to source products efficiently through pre-arranged appointments with worldwide suppliers and manufacturers, network with international industry stakeholders, and witness the latest innovations and trends firsthand.
For more information about pacprocess Middle East Africa and Food Africa, visit www.pacprocess-mea.com and www.foodafrica-expo.com
Attachments
IFP Group
Caroline.christidis@ifpexpo.com
Source : IFP Group
Anomali exhibits cybersecurity solutions at Australian Cyber Conference 2019
KUALA LUMPUR, Oct 7 -- Anomali, an intelligence-driven cybersecurity solutions provider is participating in the Australian Cyber Conference 2019 at the Melbourne Convention and Exhibition Center, Australia.
Anomali recently unveiled the Anomali Altitude platform which comprises Anomali Lens, Anomali ThreatStream and Anomali Match.
The conference attendees will learn how this integrated product suite helps customers to automate detection, analyse and respond to high-priority external and internal threats.
At the Anomali booth 38, attendees can request demonstrations from senior vice-president and general manager (APAC), Geoff Noble, as well as Solution Architect (APAC), Damian Skeeles.
More details at https://www.anomali.com/
-- BERNAMA
Anomali recently unveiled the Anomali Altitude platform which comprises Anomali Lens, Anomali ThreatStream and Anomali Match.
The conference attendees will learn how this integrated product suite helps customers to automate detection, analyse and respond to high-priority external and internal threats.
At the Anomali booth 38, attendees can request demonstrations from senior vice-president and general manager (APAC), Geoff Noble, as well as Solution Architect (APAC), Damian Skeeles.
More details at https://www.anomali.com/
-- BERNAMA
Chris Ambler spearheads Arkphire operations in Asia Pacific
KUALA LUMPUR, Oct 7 -- Arkphire has appointed Chris Ambler as Asia Pacific head to build and develop business in the region, marking its direct presence in Singapore.
In a statement, the Dublin-based company said Ambler would work with existing multinational clients who were increasingly looking to expand their operations into the APAC region.
“There is a great opportunity in the market to use my local knowledge and build on the success of the Arkphire team in Europe to grow a successful and sustainable tech business that can now extend into Asia Pacific,” said Ambler.
He has over 20 years’ experience in the technology and managed services sector and prior to joining Arkphire, Ambler co-founded the Blue Logic Group, an award-winning IT Managed Services company in the United Kingdom (UK).
Originally from North Yorkshire in the UK, Ambler holds an Advanced Diploma in Business.
Arkphire’s expansion comes at a time when increasing numbers of companies see the value in digital transformation and outsourcing a range of IT services from IT procurement through to cloud, security, networking and managed services.
More details at www.arkphire.com
-- BERNAMA
In a statement, the Dublin-based company said Ambler would work with existing multinational clients who were increasingly looking to expand their operations into the APAC region.
“There is a great opportunity in the market to use my local knowledge and build on the success of the Arkphire team in Europe to grow a successful and sustainable tech business that can now extend into Asia Pacific,” said Ambler.
He has over 20 years’ experience in the technology and managed services sector and prior to joining Arkphire, Ambler co-founded the Blue Logic Group, an award-winning IT Managed Services company in the United Kingdom (UK).
Originally from North Yorkshire in the UK, Ambler holds an Advanced Diploma in Business.
Arkphire’s expansion comes at a time when increasing numbers of companies see the value in digital transformation and outsourcing a range of IT services from IT procurement through to cloud, security, networking and managed services.
More details at www.arkphire.com
-- BERNAMA
Thursday, October 10, 2019
AM Best revises Singapore´s EQI Credit Rating outlook
KUALA LUMPUR, Oct 4 (Bernama) -- AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) of EQ Insurance Company Limited (EQI), Singapore.
The global rating agency and information provider, in a statement, also affirmed EQI’s Financial Strength Rating (FSR) of B++ (good) and the Long-Term ICR of ‘bbb+’. The outlook for the FSR remains stable.
These credit ratings reflect EQI’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The revision of the Long-Term ICR outlook to negative reflects AM Best’s expectation of pressure on the company’s operating performance assessment over the near term.
While the company continues to execute on improvements aimed at returning underwriting performance to a position of profitability, the competitive conditions in Singapore’s insurance market remain a key challenge.
Despite the company exhibiting limited internal capital generation over the past five years (2014 to 2018), shareholder equity has been supported by a series of capital injections from the company’s parent over this period.
AM Best views EQI’s business profile as limited. The company is a small-sized, non-life insurer in Singapore, with a market share of approximately one per cent based on 2018 gross written premium. More information at http://www.ambest.com.
-- BERNAMA
The global rating agency and information provider, in a statement, also affirmed EQI’s Financial Strength Rating (FSR) of B++ (good) and the Long-Term ICR of ‘bbb+’. The outlook for the FSR remains stable.
These credit ratings reflect EQI’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The revision of the Long-Term ICR outlook to negative reflects AM Best’s expectation of pressure on the company’s operating performance assessment over the near term.
While the company continues to execute on improvements aimed at returning underwriting performance to a position of profitability, the competitive conditions in Singapore’s insurance market remain a key challenge.
Despite the company exhibiting limited internal capital generation over the past five years (2014 to 2018), shareholder equity has been supported by a series of capital injections from the company’s parent over this period.
AM Best views EQI’s business profile as limited. The company is a small-sized, non-life insurer in Singapore, with a market share of approximately one per cent based on 2018 gross written premium. More information at http://www.ambest.com.
-- BERNAMA
BitHarp mining rigs offering extended
KUALA LUMPUR, Oct 2 -- New Zealand-based cryptocurrency manufacturer, BitHarp has extended the ‘3 Plus 1 Offer’ until Oct 12, for its profitable mining rigs introduced a couple of weeks ago.
Both Lyre Miner and Harp Miner have been designed to take the needs of the common mining enthusiasts into account, unlike hundreds of mining hardware requiring significant knowledge and experience.
Suitable for home use, these miners are pre-configured and can start mining as soon as they are plugged in, according to a statement.
Along with the ease of mining, BitHarp has also done well to ensure the profitability of its customers by delivering high hash power rates that have surprised many industry stalwarts.
Lyre Miner and Harp Miner are amongst the most power-saving mining hardware in the market with consumption of 600 and 2,400 watts, respectively. Both can be used for mining Bitcoin, Litecoin, Ethereum and Dash.
More information at https://www.bitharp.com.
-- BERNAMA
Both Lyre Miner and Harp Miner have been designed to take the needs of the common mining enthusiasts into account, unlike hundreds of mining hardware requiring significant knowledge and experience.
Suitable for home use, these miners are pre-configured and can start mining as soon as they are plugged in, according to a statement.
Along with the ease of mining, BitHarp has also done well to ensure the profitability of its customers by delivering high hash power rates that have surprised many industry stalwarts.
Lyre Miner and Harp Miner are amongst the most power-saving mining hardware in the market with consumption of 600 and 2,400 watts, respectively. Both can be used for mining Bitcoin, Litecoin, Ethereum and Dash.
More information at https://www.bitharp.com.
-- BERNAMA
GMAC™ releases GMAT™ Official Advanced Questions
KUALA LUMPUR, Oct 2 -- The Graduate Management Admission Council™ (GMAC™), administrator of the Graduate Management Admission Test™ (GMAT™) has released the GMAT™ Official Advanced Questions, comprising hard questions from past GMAT exams.
The product rounds out the GMAT™ Official Prep portfolio, offering candidates an option to challenge themselves after completing the mix of easy, medium and hard questions in the GMAT™ Official Guide.
“Gaining confidence to solve the hardest questions on the GMAT can help increase a candidate’s performance and confidence on test day,” said GMAC (Product Management) director, Pam Brown.
“By studying with Advanced Questions, candidates can feel empowered on test day while also increasing their chances to stand out in front of target schools.”
Consisting of 150 Quantitative Reasoning and 150 Verbal Reasoning questions, GMAT™ Official Advanced Questions give candidates more materials to extend their preparation and challenge themselves further.
Questions are grouped by ‘fundamental skills’ areas, allowing candidates to align their study plan with GMAT’s Enhanced Score Report structure, according to a statement.
GMAT Official Advanced Questions are available for purchase in print or as an e-book through GMAC’s partner, Wiley Efficient Learning at a price of US$29.99. (US$1 = RM4.19). More information at https://www.gmac.com.
-- BERNAMA
The product rounds out the GMAT™ Official Prep portfolio, offering candidates an option to challenge themselves after completing the mix of easy, medium and hard questions in the GMAT™ Official Guide.
“Gaining confidence to solve the hardest questions on the GMAT can help increase a candidate’s performance and confidence on test day,” said GMAC (Product Management) director, Pam Brown.
“By studying with Advanced Questions, candidates can feel empowered on test day while also increasing their chances to stand out in front of target schools.”
Consisting of 150 Quantitative Reasoning and 150 Verbal Reasoning questions, GMAT™ Official Advanced Questions give candidates more materials to extend their preparation and challenge themselves further.
Questions are grouped by ‘fundamental skills’ areas, allowing candidates to align their study plan with GMAT’s Enhanced Score Report structure, according to a statement.
GMAT Official Advanced Questions are available for purchase in print or as an e-book through GMAC’s partner, Wiley Efficient Learning at a price of US$29.99. (US$1 = RM4.19). More information at https://www.gmac.com.
-- BERNAMA
Wednesday, October 9, 2019
VHO hyperloop system world´s most energy-efficient mass transportation mode
KUALA LUMPUR, Sept 30 -- Virgin Hyperloop One (VHO), the world’s leading hyperloop company has announced its groundbreaking hyperloop system is poised to be the world’s most energy-efficient mode of mass transportation.
In conjunction with Climate Week NYC, Los Angeles-based VHO made its announcement from the Rockefeller Plaza® at Rockefeller Center® in New York City, showcasing its XP-1 test vehicle from the Nevada test track.
VHO is also joining the Ellen MacArthur Foundation’s CE100 network which brings together businesses, innovators, cities, governments and universities to accelerate the transition to a circular economy.
Hyperloop will be able to transport people and goods at nearly 700 miles per hour in depressurised environments via magnetic levitation. It will be able to carry more people than a subway, at airline speeds and with zero direct emissions.
By combining an ultra-efficient electric motor, magnetic levitation and a low-drag environment, the VHO system will be five to 10 times more energy-efficient than an airplane and faster than high-speed rail using less energy.
VHO is currently working with the Indian Government of Maharashtra on a route between Pune and Mumbai. The regional city pair sees more than 75 million commuting trips annually, a number which is expected to skyrocket to 130 million by 2026.
In the United States, 10 states are now exploring the hyperloop, including Missouri, Texas, Colorado, Ohio, North Carolina, Pennsylvania, Washington, Indiana and Oregon.
More information at https://hyperloop-one.com.
-- BERNAMA
In conjunction with Climate Week NYC, Los Angeles-based VHO made its announcement from the Rockefeller Plaza® at Rockefeller Center® in New York City, showcasing its XP-1 test vehicle from the Nevada test track.
VHO is also joining the Ellen MacArthur Foundation’s CE100 network which brings together businesses, innovators, cities, governments and universities to accelerate the transition to a circular economy.
Hyperloop will be able to transport people and goods at nearly 700 miles per hour in depressurised environments via magnetic levitation. It will be able to carry more people than a subway, at airline speeds and with zero direct emissions.
By combining an ultra-efficient electric motor, magnetic levitation and a low-drag environment, the VHO system will be five to 10 times more energy-efficient than an airplane and faster than high-speed rail using less energy.
VHO is currently working with the Indian Government of Maharashtra on a route between Pune and Mumbai. The regional city pair sees more than 75 million commuting trips annually, a number which is expected to skyrocket to 130 million by 2026.
In the United States, 10 states are now exploring the hyperloop, including Missouri, Texas, Colorado, Ohio, North Carolina, Pennsylvania, Washington, Indiana and Oregon.
More information at https://hyperloop-one.com.
-- BERNAMA
Tuesday, October 8, 2019
10th China (Taizhou) International Medical Expo a success
KUALA LUMPUR, Sept 30 (Bernama) -- The 10th China (Taizhou) International Medical Expo was recently held in China Medical City (CMS), according to China (Taizhou) Medical Expo News Center.
The expo is a platform for sharing and exchanges between pharmaceutical companies. It is also a learning platform for the public to understand the pharmaceutical industry and for cooperation in information, technology and talent.
Thirty-three conference fora focused on cutting-edge technology, interpreting the latest situation and the promotion of product achievements in biomedical field at the expo.
The three-day exhibition beginning Sept 18, attracted 886 exhibitors from 23 countries and regions. During the exhibition, CMS signed a contract with 30 major projects with a total investment of 6.15 billion yuan. (100 yuan = RM59.71)
CMS attracted more than 1,000 enterprises to settle in, and gathered more than 70 well-known universities and pharmaceutical R&D institutions at home and abroad to successfully declare more than 2,000 ‘world-class’ medical innovations.
It also successfully builds six characteristic bases of vaccines, antibodies, chemical medicament, high-performance medical equipment, Chinese medicine and special medical foods.
This year, CMS has launched a new journey of ‘Second Entrepreneurship’ and will continue to strive to build the largest bio-pharmaceutical industry base in China with the most complete industrial chain.
-- BERNAMA
Nico Po is PT Pollux Properti Indonesia ´CEO Of The Year 2019´
KUALA LUMPUR, Oct 7 -- PT Pollux Properti Indonesia Tbk chief executive officer, Dr Nico Po has been named ‘CEO of The Year 2019’ at the 14th Indonesia Property and Bank Award 2019.
Shortly after Pollux Properti conducted an Initial Public Offering last year, the company leapfrogged by launching several iconic projects at numerous locations in Indonesia.
Pollux Properti is constructing a mega-superblock called Meisterstadt in Batam, Riau Islands. The nine hectare-superblock will comprise 11 skyscrapers, eight of which are residential towers.
Besides that, the company is now developing another superblock project in Cikarang, West Java under the auspices of PT Pollux Aditama Kencana, in collaboration with Virginia Properti Group.
In addition to the two ongoing projects, Nico Po, via PT Pollux Kemang Superblok, is also developing another mixed-use property called the Gangnam District.
As of this month, the market capitalisation of Pollux Properti has reached US$3.8 billion, topping the list among other property developers that have been listed in IDX even for a long time. (US$1 = RM4.19)
The award was organised by Property&Bank magazine, held at the Intercontinental Hotel Ballroom in Jakarta recently.
According to the magazine’s editor-in-chief, Indra Utama, Nico Po is an example of a young professional with strong and amazing talent in management. At such an age, he has successfully managed a property business and developed large scale projects.
-- BERNAMA
Shortly after Pollux Properti conducted an Initial Public Offering last year, the company leapfrogged by launching several iconic projects at numerous locations in Indonesia.
Pollux Properti is constructing a mega-superblock called Meisterstadt in Batam, Riau Islands. The nine hectare-superblock will comprise 11 skyscrapers, eight of which are residential towers.
Besides that, the company is now developing another superblock project in Cikarang, West Java under the auspices of PT Pollux Aditama Kencana, in collaboration with Virginia Properti Group.
In addition to the two ongoing projects, Nico Po, via PT Pollux Kemang Superblok, is also developing another mixed-use property called the Gangnam District.
As of this month, the market capitalisation of Pollux Properti has reached US$3.8 billion, topping the list among other property developers that have been listed in IDX even for a long time. (US$1 = RM4.19)
The award was organised by Property&Bank magazine, held at the Intercontinental Hotel Ballroom in Jakarta recently.
According to the magazine’s editor-in-chief, Indra Utama, Nico Po is an example of a young professional with strong and amazing talent in management. At such an age, he has successfully managed a property business and developed large scale projects.
-- BERNAMA
Friday, October 4, 2019
Finantec launches revamped bilingual IR portal website, IR STREET
KUALA LUMPUR, Oct 3 -- Finantec Co Ltd, an investor relations consulting firm based in Tokyo has launched its wholly revamped IR portal website, IR STREET, both in Japanese and English.
Used as a marketing platform, the revamped website allows users to find briefing materials, videos, analyst reports, earning schedules and other content more easily.
The newly-added ‘Company Search’ function makes it easier to search for companies and contents covered.
The Corporate Governance Reports and Convocation Notices for Shareholders Meetings are also available via the smartphone and tablet-friendly website.
The existing functions include TD-Net linkage, bilingual contents and timely disclosure to individual, institutional and foreign investors.
Since its establishment in 1998, Finantec has been engaged in the practical IR supports for public companies and increased the corporate and stock values of the number of clients.
Access the website at https://www.irstreet.com/jp/ (Japanese) and https://www.irstreet.com/en/ (English).
-- BERNAMA
Used as a marketing platform, the revamped website allows users to find briefing materials, videos, analyst reports, earning schedules and other content more easily.
The newly-added ‘Company Search’ function makes it easier to search for companies and contents covered.
The Corporate Governance Reports and Convocation Notices for Shareholders Meetings are also available via the smartphone and tablet-friendly website.
The existing functions include TD-Net linkage, bilingual contents and timely disclosure to individual, institutional and foreign investors.
Since its establishment in 1998, Finantec has been engaged in the practical IR supports for public companies and increased the corporate and stock values of the number of clients.
Access the website at https://www.irstreet.com/jp/ (Japanese) and https://www.irstreet.com/en/ (English).
-- BERNAMA
Wednesday, October 2, 2019
Infogain expands digital transformation services with Silicus acquisition
KUALA LUMPUR, Oct 1 (Bernama) -- Infogain, a software platform engineering services and solutions leader has acquired Silicus Technologies (Silicus), a Houston-headquartered Microsoft Gold Partner and Microsoft Azure Expert MSP.
“The acquisition expands Infogain’s capabilities to deliver digital transformation services and reinforces our position as a leading digital innovator in the Microsoft Azure ecosystem,” said Infogain chief executive officer (CEO), Sunil Bhatia.
“We will now deliver solutions from Edge to Cloud for clients in the Hi-Tech, Travel & Hospitality, Retail and Insurance industries. We welcome Silicus’ customers and employees to our growing Infogain family.
Silicus, a Microsoft Azure-focused cloud transformation services company, enables enterprises to drive business differentiation at scale through cloud-enabled innovation and modernisation across apps, IoT, data, AI and infrastructure solutions.
Silicus has over 500 employees across Houston, Texas and Pune, India. It provides services to over a dozen billion-dollar companies based in the United States, according to a statement.
“This is a great time for us to join Infogain to achieve even greater success. We share a similar culture of innovation as well as the experience and expertise required to deliver the best digital solutions for our clients,” said Silicus CEO, Sumant Ahuja.
-- BERNAMA
“The acquisition expands Infogain’s capabilities to deliver digital transformation services and reinforces our position as a leading digital innovator in the Microsoft Azure ecosystem,” said Infogain chief executive officer (CEO), Sunil Bhatia.
“We will now deliver solutions from Edge to Cloud for clients in the Hi-Tech, Travel & Hospitality, Retail and Insurance industries. We welcome Silicus’ customers and employees to our growing Infogain family.
Silicus, a Microsoft Azure-focused cloud transformation services company, enables enterprises to drive business differentiation at scale through cloud-enabled innovation and modernisation across apps, IoT, data, AI and infrastructure solutions.
Silicus has over 500 employees across Houston, Texas and Pune, India. It provides services to over a dozen billion-dollar companies based in the United States, according to a statement.
“This is a great time for us to join Infogain to achieve even greater success. We share a similar culture of innovation as well as the experience and expertise required to deliver the best digital solutions for our clients,” said Silicus CEO, Sumant Ahuja.
-- BERNAMA
Just a tick away: SmartStream unveils new AI module for digital payment
KUALA LUMPUR, Sept 23 -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launched a new artificial intelligence (AI) module that uses machine learning for continuous digital payment processing.
In a statement, the company said it was a typical project to maintain and improve the matching rules that would take up to two days; it could now be achieved with a simple tick.
The new module will enable match rates to be instantly updated, whilst at the same time, system reconfigurations will be done automatically, helping to reduce operational costs and minimise risk.
It will help financial firms to keep maintenance costs down, as well as lessen business users’ reliance on busy IT departments. It also takes away the need to carry out time-consuming and expensive projects to redesign their technical architecture.
The new module is designed to work with SmartStream’s TLM Aurora Digital Payments Control solution. The module is easy to deploy, providing a speedy and convenient boost to efficiency for managing reconciliations daily.
More details at www.smartstream-stp.com
-- BERNAMA
In a statement, the company said it was a typical project to maintain and improve the matching rules that would take up to two days; it could now be achieved with a simple tick.
The new module will enable match rates to be instantly updated, whilst at the same time, system reconfigurations will be done automatically, helping to reduce operational costs and minimise risk.
It will help financial firms to keep maintenance costs down, as well as lessen business users’ reliance on busy IT departments. It also takes away the need to carry out time-consuming and expensive projects to redesign their technical architecture.
The new module is designed to work with SmartStream’s TLM Aurora Digital Payments Control solution. The module is easy to deploy, providing a speedy and convenient boost to efficiency for managing reconciliations daily.
More details at www.smartstream-stp.com
-- BERNAMA
Tuesday, October 1, 2019
Smiths Detection secures US$96.8 million contract from TSA
KUALA LUMPUR, Sept 20 -- Smiths Detection Inc has received a US$96.8 million award from the Transportation Security Administration (TSA) for HI-SCAN 6040 CTiXs, Computed Tomography (CT) 3-D Scanners. (US$1 = RM4.18).
This multi-year contract was awarded under the TSA Advanced Technology X-ray programme, aiming to improve aviation efficiencies, passenger experiences and security.
The CTiX is Smiths Detection’s latest innovation in checkpoint security, able to automatically detect threats.
It examines baggage contents from every angle, generating precise 3D images to provide greater capability for TSA officers.
According to Smiths Detection, CTiX is also engineered to be easily upgraded to support TSA’s vision for future procurements, including advanced algorithm development and integration with automated screening lanes.
Part of Smiths Group, Smiths Detection is a global leader in threat detection and screening technologies, serving aviation, ports and borders, defence, government and commercial organisations.
More details at http://www.smithsdetection.com/
-- BERNAMA
This multi-year contract was awarded under the TSA Advanced Technology X-ray programme, aiming to improve aviation efficiencies, passenger experiences and security.
The CTiX is Smiths Detection’s latest innovation in checkpoint security, able to automatically detect threats.
It examines baggage contents from every angle, generating precise 3D images to provide greater capability for TSA officers.
According to Smiths Detection, CTiX is also engineered to be easily upgraded to support TSA’s vision for future procurements, including advanced algorithm development and integration with automated screening lanes.
Part of Smiths Group, Smiths Detection is a global leader in threat detection and screening technologies, serving aviation, ports and borders, defence, government and commercial organisations.
More details at http://www.smithsdetection.com/
-- BERNAMA
UEM SUNRISE HOSTS FIRST-EVER BUILDING INFORMATION MODELLING (BIM) STRATEGY DAY WITH OTHER INDUSTRY PLAYERS
Digital Media: UEM Sunrise Berhad (“UEM Sunrise”), one of Malaysia’s leading property developers, in conjunction with its Digital Revolution initiatives, hosted its first-ever UEM Sunrise Berhad Corporate BIM Strategy Day (“BSD") on 11 September 2019 at BlackBox, Solaris Dutamas. What made the UEM Sunrise BSD unique was the fact that this was the first BIM event of its kind by a property developer to feature other industry players in sharing knowledge and experiences in BIM adoption. The event was well-received by UEM Sunrise staff and staff from various disciplines within the construction industry, with close to 300 participants in attendance.
KUALA LUMPUR, Sept 27 (Bernama) -- UEM Sunrise Berhad (“UEM Sunrise”), one of Malaysia’s leading property developers, in conjunction with its Digital Revolution initiatives, hosted its first-ever UEM Sunrise Berhad Corporate BIM Strategy Day (“BSD”) on 11 September 2019 at BlackBox, Solaris Dutamas.
What made the UEM Sunrise BSD unique was the fact that this was the first BIM event of its kind by a property developer to feature other industry players in sharing knowledge and experiences in BIM adoption. The event was well-received by UEM Sunrise staff and other developers, consultants, contractors and suppliers, with close to 300 participants in attendance.
The event started with welcoming remarks by UEM Sunrise’s Anwar Syahrin Abdul Ajib, Managing Director / Chief Executive Officer, followed by a keynote address by Zulkifly Garib, Director – Central 1 of UEM Sunrise in the presence of Zulfa Ashida Zulkifli, Chief People Officer of UEM Sunrise and the Guest of Honour, Rofizlan Ahmad, Chief Executive Officer of CIDB E-Construct Services Sdn Bhd. This was followed by guest speakers from AECOM, RSP Architects, VERITAS Architects, IJM Construction, Sunway Construction, and Chin Hin Group sharing their knowledge and experience on BIM adoption, value-add, lessons learnt, challenges, and the way forward for BIM in the property industry.
The UEM Sunrise BSD was held to re-introduce BIM to UEMS Staff and BIM implementation experiences, successes, and lessons learnt from other industry players. At UEM Sunrise, BIM has been adopted since 2017 and has currently been made mandatory for all its high-rise projects. To date, seven on-going UEM Sunrise projects are adopting BIM in its processes.
The UEM Sunrise BSD achieved its objectives as participants were involved in an energetic Q&A session with all the speakers with many strong opinions, thoughts, and ideas being shared on the advantages of embracing BIM, overcoming the challenges in BIM implementation, tangible cost savings from implementing BIM, and more.
The UEM Sunrise BIM Unit confirmed that with BIM, they have learnt to be more collaborative and open as they believe that the industry should be as open and collaborative as well for the betterment and growth of BIM adoption rates in the industry.
The Government, through the Construction Industry Development Board, have started promoting BIM since 2016 under the Construction Industry Transformation Programme (CITP) which includes initiatives in educating, providing facilities, introducing a learning syllabus, and mandating requirements for the industry in BIM adoption. It has been reported that by 2021, all city status local authorities will require BIM e-submissions through the National BIM e-Submission (NBeS) platform by its principal submitting person (PSP).
Lai Sook Fun, Head of Product Development at UEM Sunrise, delivered her closing remarks by expressing her appreciation for the collective efforts of all parties in making the UEM Sunrise BSD a success and hoped that everyone learned and took back impactful lessons on BIM, in terms of knowledge and discovery – however big or small – in uplifting the industry through BIM as a platform to promote open and collaborative work practices across all disciplines.
About UEM Sunrise
UEM Sunrise Berhad (“UEM Sunrise” or the “Company”) is a public-listed Company and one of Malaysia’s leading property developers. It is the flagship Company for township and property development businesses of UEM Group Berhad (“UEM Group”) and Khazanah Nasional Berhad (“Khazanah”). The Company has core competencies in macro township development; high-rise residential, commercial, retail and integrated developments; as well as property management and project & construction services.
UEM Sunrise is the master developer of Iskandar Puteri, one of the five flagship zones of Iskandar Malaysia and is currently undertaking the development of the area into a regional city which includes Gerbang Nusajaya, a 4,551-acre project with components such as lifestyle & retail parks, campus offices & industrial parks as well as residential precincts. Iskandar Puteri is envisioned to become the largest fully integrated urban development in Southeast Asia, once fully completed.
In the Central Region, the Company is renowned for its award-winning and up-market high-rise residential, commercial and mixed-use developments, located largely in the affluent Mont’Kiara enclave, Serene Heights Bangi, Bukit Jelutong in Shah Alam, Symphony Hills in Cyberjaya and Seremban as well as the creative retail in Solaris Dutamas, known as Publika.
Internationally, the Company extends into Vancouver, Canada with its completed mixed-use development, Quintet at Minoru Boulevard City; in Melbourne, Australia, with its 92-storey Aurora Melbourne Central-the tallest development in the Central Business District and the 42-storey Conservatory located on Mackenzie Street. In Durban, South Africa, the Company has 30 acres of joint venture beachfront mix development land. UEM Sunrise is also the appointed Project Manager, responsible for development and marketing management of the mega mixed-use development Marina One in Singapore.
Please visit our website at www.uemsunrise.com
SOURCE : UEM Sunrise Berhad
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