NIPPON EXPRESS (VIETNAM) OPENS NX VSIP II LOGISTICS CENTER IN BINH DUONG PROVINCE

TOKYO, July 26, 2023 /Kyodo JBN-AsiaNet/ -- 

Nippon Express (Vietnam) Co., Ltd. (hereafter "NX Vietnam"), a group company of NIPPON EXPRESS HOLDINGS, INC., has opened the NX VSIP II Logistics Center in the country's southern province of Binh Duong and will begin its operations on August 1.
 
Logo: https://kyodonewsprwire.jp/img/202307187198-O1-zlY15dd1
 
Photo: Warehouse exterior
https://cdn.kyodonewsprwire.jp/prwfile/release/
M103866/202307187198/_prw_PI2fl_35ZJT3GX.jpg
 
 
As Vietnam's economy has grown, consumer spending has increased and new retailers have continued to expand into the country. In addition, a steady stream of manufacturing and other companies has poured into Vietnam, drawn by its abundant labor resources.
 
NX Vietnam's newly established NX VSIP II Logistics Center is located in an area with easy access to Ho Chi Minh City and its thriving manufacturing sector. The warehouse will provide product storage, sorting, and distribution processing services for retailers and serve as a distribution hub for Ho Chi Minh City and surrounding areas, as well as providing bonded inventory management services for export processing enterprises (EPEs).
 
NX Vietnam will utilize the NX VSIP II Logistics Center as a major logistics base for the northern Ho Chi Minh City area, and will support customers considering launching new businesses in Vietnam or expanding existing ones by offering packaged services.
 
Profile of new warehouse
- Name: NX VSIP II Logistics Center
- Address: 18 L2-4 Tao Luc Road No.5, Vietnam Singapore Industrial Park II, Binh Duong Industrial - Service - Urban Complex, Hoa Phu Ward, Thu Dau Mot City, Binh Duong, Vietnam
- Total floor area: 14,511 m2
- Key facilities: Raised-floor truck berths (20 in total), rack system, CCTV, access control system, private power generation equipment
- Start of operations: August 1, 2023
 
Nippon Express website: https://www.nipponexpress.com/
 
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
 
 
Source: NIPPON EXPRESS HOLDINGS, INC.  

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​OPEN HEALTH ANNOUNCES A NEW TEAM OF EXPERTS WILL LEAD ITS HEOR & MARKET ACCESS SCIENTIFIC OFFICE

London, UK, July 24 (Bernama-GLOBE NEWSWIRE) -- OPEN Health, a global provider of consultancy, HEOR and market access, and scientific communications services, today announced a new team of experts will lead its HEOR & Market Access Scientific Office. This expert team will be led by Dr. Elisabeth Fenwick as Chief Scientific Officer with support from Professor Ben van Hout as Scientific Founder. 

Both Elisabeth and Ben joined OPEN Health through its acquisition of Pharmerit International. Elisabeth Fenwick is most widely known for working on the cost-effectiveness acceptability curve (CEAC), creating the cost-effectiveness acceptability frontier, and for her work in value of information analyses for research decisions. She has over 20 years of experience in the industry and has published more than 50 publications globally. Ben van Hout is most commonly known for being one of the co-founders of the EQ-5D (a standardized measure of health-related quality of life) and as the developer of the CEAC. He was also one of the first researchers to perform a discrete event simulation and is published in the New England Journal of Medicine. He has over 35 years of experience in the industry and was honored with the ISPOR Avedis Donabedian Outcomes Research Lifetime Achievement Award in 2020. 

“The purpose of the Scientific Office is to ensure that science is at the center of everything we do. Our scientific experts are here to support the HEOR and market access team with their amazing research developing innovative solutions.” Elisabeth commented.

The Scientific Office is made up of experts who bring unique skillsets from across OPEN Health’s HEOR & market access service areas. The appointed team consists of Maarten Treur, MSc, Vice President and Global Head of Modeling & Meta-Analysis; Dr. Viktor Chirikov, Director of Real‑World Evidence & Data Analytics; Dr. Marco Boeri, Director of Preference Research in Patient-Centered Outcomes; and Emanuele Arcà, MSc, Senior Research Consultant in Strategic Market Access. Craig Bennison, MSc, Executive Director and Global Innovation Lead for OPEN Health HEOR & Market Access, will also join the team and will focus specifically on innovation. 

“Over the last few years, the scientific contributions and leadership of these experts have played instrumental roles in shaping our reputation and research efforts, working in partnership with our clients to improve health outcomes and patient wellbeing,” said Richard Jones, President of OPEN Health Evidence & Access. “This team will ensure our scientific expertise, thought leadership, and innovation stay front and center of our HEOR and market access offering.”

To learn more about the team of experts in the Scientific Office, please explore this interactive publication.

About OPEN Health

OPEN Health unites deep scientific knowledge with wide-ranging specialist expertise to unlock possibilities that improve health outcomes and patient wellbeing. Working in partnership with our clients, we embrace our different perspectives and strengths to deliver fresh thinking and solutions that make a difference. OPEN Health is a flexible global organization that solves complex healthcare challenges across HEOR and market access, medical communications and creative omnichannel campaigns. For more information on OPEN Health, visit www.openhealthgroup.com.
 

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Shanghai is Asia’s Leading Smart City in 2023 - Juniper Research

KUALA LUMPUR, July 20 (Bernama) -- Shanghai is Asia's leading smart city in 2023 due to its comprehensive data systems, according to a new study from Juniper Research, the foremost experts in the sustainability & Internet of Things (IoT) market.

The research analysed Shanghai as leading due to its strong data platform, comprehensive deployment of 5G, and use of innovative technologies, including digital twins, reflecting a well-considered and progressive smart city design, which can be seen as an example for other cities to emulate.

According to a statement, other smart cities ranked by Juniper Research are Seoul, Shenzhen, Sydney and Beijing.

Asian smart city spend is growing by 120 per cent with hardware and software spend on smart city deployments is forecast to reach US$42 billion by 2028, from US$19 billion in 2023. (US$1=RM4.55)

Spend is growing much faster in the rest of Asia Pacific, at 303 per cent over the next five years, compared to the Indian Subcontinent at 231 per cent and Far East & China at 76 per cent, over the same period.

Meanwhile, growth in Far East & China is slowing, with smart city projects being more mature in countries like China, Japan and South Korea.

However, emerging markets such as Indonesia, Thailand and Vietnam will boast much stronger growth, as smart city initiatives get underway, and cities build the comprehensive data systems needed for success.

Juniper Research’s ranking of 50 world cities is based on an evaluation of many different smart city aspects, covering transportation and infrastructure, energy and lighting, city management and technology, and urban connectivity.

-- BERNAMA

NICOLE ZIMMERMANN JOINS FINANCIAL HOUSE AS NON-EXECUTIVE DIRECTOR

KUALA LUMPUR, July 20 (Bernama) -- Financial House, an e-money services and payment solutions company, has appointed Nicole Zimmermann as the new non-executive Director and member of the Board.

In a statement, the company said this appointment highlighted its continued plans to grow its business operations globally; as well as extend strong cross-border and payments infrastructure with industry leaders and start-ups alike.

“It is an absolute honour to welcome Nicole Zimmermann to the board of Financial House to help grow our organisation and build our brand across Europe and into global markets.

“She is a tremendous asset to our organisation having worked for some of the best companies in the market to expand business, develop strong customer experiences, and build brands that compete successfully on a global stage,” said its Chief Executive Officer, Alisher Abdukadyrov.

Meanwhile, Zimmermann said: “Joining the Financial House board during this immense time of growth and innovation is incredibly exciting as we take a giant step forward together to build a strong, competitive brand.

“Working with the Financial House is a perfect match as we share a commitment for excellence in payments and customer experience, and a passion for diversity, equity and inclusion.”

A respected marketing and business executive with deep expertise in global branding, change management and business transformation, Zimmermann has more than 25 years of experience in large, global organisations from telecommunications to remittance and global payments.

-- BERNAMA

Vitality Of Hangzhou Extends Beyond Asian Games Venues

KUALA LUMPUR, July 18 (Bernama) -- The cauldron of the 19th Asian Games will be lit in the Chinese eastern city Hangzhou in which 40 major sports competitions will be staged, injecting passion and vitality into Hangzhou via thrilling performances.

Officially established during the Qin Dynasty, Hangzhou has always been a city of vitality, an endowment from its rich history, fascinating culture and developed economy.

As early as 4,300 to 5,300 years ago, sophisticated rice farming was bred in Hangzhou, fine jade craft was developed and Liangzhu culture, a representative culture in the late Neolithic Age, came into being.

Furthermore, during the Southern Song Dynasty, Hangzhou reached the peak in the development history of ancient cities, cultivating a highly prosperous culture.

Currently, more and more locals and tourists in Hangzhou enjoy experiencing the time-honoured charming culture including visiting the Xiling Seal Art Society, tasting fragrant local tea, and strolling the West Lake in the Song Dynasty traditional attire, among others.

According to the People's Government of Hangzhou Municipality in a statement, Hangzhou raked in a total tourism revenue of 129.8 billion Chinese yuan, last year. (100 Chinese yuan = RM63.25)

In the same year, the added value of Hangzhou's cultural industry totalled 242 billion Chinese yuan, 2.5 percentage points higher than its gross domestic product (GDP) growth rate, which accounted for 12.9 per cent of GDP, becoming an important pillar of economic development.

Today, the development of the Internet and digital technology has replaced the river course of the Grand Canal, linking Hangzhou with all parts of China and the rest of the world. An expansive digital trade network has been established, facilitating the leapfrogging development of the digital economy.

Not only home to more than 10 of the top 100 global digital trade enterprises, Hangzhou also hosts two-thirds of China's cross-border e-commerce export retail platforms and 70 per cent of the national cross-border payment transactions.

E-sports contests were also included in the Asian Games for the first time, a vivid echo of the development of Hangzhou's digital economy.

-- BERNAMA

AM BEST AFFIRMS PHILIPPINE NATIONAL REINSURANCE CORPORATION CREDIT RATINGS

KUALA LUMPUR, July 14 (Bernama) -- Global credit rating agency, AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of National Reinsurance Corporation of the Philippines (Nat Re).

In a statement, AM Best said these credit ratings (ratings), which have a stable outlook, reflected Nat Re’s balance sheet strength, which was assessed as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Nat Re’s balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, which remained at the strongest level in 2022.

AM Best views the company’s investment portfolio as having moderate risk. Despite some exposure to corporate bonds and equity investments, the majority of Nat Re’s portfolio is composed of fixed income securities issued by the Philippines government.

The company’s allocation to equity investments has reduced gradually over recent years, with the expectation of continued portfolio de-risking over the medium term. Its balance sheet is sensitive to natural catastrophe exposure, although this risk is partially mitigated through the use of retrocession.

Nat Re’s operating performance is assessed as adequate, with a five-year average return-on-equity ratio of 2.3 per cent (2018-2022). Net profit declined in 2022 compared to the prior year. 

AM Best views Nat Re’s business profile as neutral. The company is the only domestic reinsurer in the Philippines, benefiting from strong relationships with local cedants and access to business through mandatory local cessions.

Nat Re is well-positioned for business opportunities emanating from local government initiatives, this includes its engagement in the design and launch of underwriting facilities in the Philippines market, which enables it to write greater business volumes in excess of the level stipulated by the mandatory cessions.

AM Best considers Nat Re’s ERM approach to be appropriate given the current size and complexity of its operations. The company’s risk management framework and corporate governance capabilities are viewed to have strengthened over recent years.

-- BERNAMA

CRADLEPOINT ANNOUNCES 5G SASE STRATEGY FOR CELLULAR AND HYBRID WAN SECURITY

Enterprises extending beyond conventional fixed site connectivity will benefit from SASE

MELBOURNE, Australia, July 13 (Bernama-GLOBE NEWSWIRE) -- Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced its phased rollout strategy for the industry’s first 5G-optimised Secure Access Service Edge (SASE) solution designed for the enterprise and purpose-built for Wireless Wide Area Network (WAN) deployments. With unique cellular capabilities and the simplicity of Cradlepoint’s cloud-based management platform, NetCloud Manager, Cradlepoint 5G SASE features zero trust, cellular intelligence along with cloud and SIM-based security to address the challenges and threats faced by today’s extended enterprise.

As enterprises evolve beyond fixed sites to include mobile and IoT, they are looking to the flexibility and agility of Wireless WAN and 5G. These geographically dispersed networks, combined with the proliferation of connected devices and ill-fitting network security solutions, can significantly increase security vulnerability. With IoT device deployments projected to reach 30 billion by 2027, and the perennial IT talent shortage, the seamless integration of 5G-centric SASE solutions to manage Wireless WAN infrastructure is critical.

As an industry leader in Wireless WANs and with the recent acquisition of Ericom, Cradlepoint is uniquely positioned to deliver a comprehensive 5G-optimised SASE solution that enables organisations to seamlessly match the security challenges of extended networks. Cradlepoint 5G SASE will be delivered in phases over the next 12 months:

· Cradlepoint Cellular Intelligence: Available today, cellular telemetries, such as signal strength and data plan usage, can be leveraged for SD-WAN traffic steering. As 5G StandAlone (SA) networks become mainstream, Cradlepoint’s network slicing capabilities will work with carriers’ services to offer prioritisation and slice-based isolation.

· SIM-based Security: Cradlepoint offers SIM management and GPS tracking to secure the physical devices and to detect rogue movement. Cradlepoint’s vision for the future is to work with carriers for tighter SIM-based security using SIMs as the basis for authentication, regardless of the connecting hardware.

· Connect-and-Go Zero Trust Security: Creating WANs in just a few clicks, 5G SASE replaces complex VPNs. Zero trust shrinks the lateral attack surface—devices connected to a Cradlepoint router are immediately dark to the outside world and other sites. Soon, this capability will be delivered from the cloud, offering an easier deployment option.
 
Cloud-Delivered Security: Ericom’s full suite of SSE solutions, including SWG, CASB, RBI and DLP, protects users browsing in fixed and mobile environments from threats such as phishing and ransomware. Cradlepoint will integrate these capabilities with existing zero trust and SD-WAN solutions into Cradlepoint NetCloud for a single pane of glass user experience for IT teams.

“As enterprises evolve and become more diverse in terms of their connectivity to branch, mobile and IoT, they need a more 5G centric approach to security and management. An updated approach to SASE is essential for today’s modern organisation to defend against elevated attack surfaces,” said Todd Krautkremer, CMO, Cradlepoint. “Current SASE solutions are not optimised for 5G. Cradlepoint’s strategy is to provide lean IT organisations with a security solution that is aligned with the realities of a changing business and network profile. “

“A full SASE solution that is optimised for 5G will allow IT organisations to manage network security, network access policies, and observability across wireless connectivity in any hybrid WAN,” said Shamus McGillicuddy, vice president of research at Enterprise Management Associates (EMA). “Cradlepoint’s vision encompasses the definition of SASE for these hybrid WANs.”
 

Cradlepoint security portfolio is augmented by leading industry security solutions through Cradlepoint Technical Alliance Partners.
 

To learn more about Cradlepoint security capabilities, please visit our Security Solutions page.

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