NSE MD & CEO SHARES INSIGHTS ON INDIA’S Q1 GDP GROWTH NUMBERS

KUALA LUMPUR, Sept 4 (Bernama) -- Managing director and chief executive officer of National Stock Exchange of India (NSE), Shri Ashishkumar Chauhan has commented on India’s gross domestic product (GDP) growth numbers for the first quarter (Q1) of this year.

Chauhan said India’s first quarter GDP numbers at 7.8 per cent is stupendous and has become the fastest growing economy in the world.

“India is going to be the growth engine of the world. In the first quarter, the services sector has grown more than 10 per cent, and it's been the centre of growth for quite some time, and overall investments have been at 35 per cent which is very encouraging.

“India is building for the future, so that faster growth can be achieved,” he said in a statement.

NSE is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association for calendar year 2022.

It has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.

-- BERNAMA

CHANGES OF PORT BULK COMMODITY TRADE IN THE FORM OF INDICES STABILIZE GLOBAL INDUSTRIAL AND SUPPLY CHAINS

AsiaNet 100300

QINGDAO, China, Sept. 1, 2023 /Xinhua-AsiaNet/-- At the 2023 Qingdao Yellow River Basin Land-Sea Linkage High-Quality Development Seminar held on August 26, 2023, the International Shipping Hubs Development Index Report (2023), the Xinhua - SPG Port Bulk Commodity Index Annual Operation Report (2023) and the RCEP Seaborne Trade Index Report (2023) were released. According to the participants, the port bulk commodity trade in the form of indices can be digitally presented to realize the efficient linkage between port shipping and bulk commodity trade and offer reliable guidance for the smooth operation of the global industrial chain and supply chain. Following the "Xinhua-Baltic International Shipping Center Development Index", the China Economic Information Service (CEIS) has introduced another global port and shipping assessment index -- the International Shipping Hubs Development Index Report (2023). This report evaluates the overall development of the world's main shipping hubs and port clusters based on various categories and characteristics. The findings suggest that international trunk hubs, including Singapore Port, Shanghai Port, Ningbo Zhoushan Port, Rotterdam Port, and Qingdao Port, have attained a high level of development; Guangzhou Port, the Port of Antwerp-Bruges and Tianjin Port are examples of regional integrated hubs, which have distinctive features and rank top among the RCEP members. The comprehensive evaluation results of port clusters show that the Yangtze River Delta port cluster and the Guangdong-Hong Kong-Macao Greater Bay Area port cluster have secured leading positions. Similarly, the Shandong port cluster situated around Bohai Bay and the Beijing-Tianjin-Hebei port cluster demonstrate robust international competitiveness. CEIS and Shandong Port Group jointly released the Xinhua-SPG Port Bulk Commodity Index, which has been constantly upgraded and improved since its debut in 2021. The index has formed a comprehensive system of price index, inventory index, and entry & exit index. This year, the index system expanded the spot trading price index of sulfur and petroleum coke upon expansion. After expansion, the index system includes seven price indices for crude oil, iron ore, coke, steel billet, hot rolled C material, sulfur, and petroleum coke, as well as six volume indices for iron ore inventory, coke inventory, inbound iron ore, outbound iron ore, inbound coke, and outbound coke. According to the plan, the petroleum coke inventory index will continue to be released in future. The purpose is to accurately reflect the trend of commodity market fluctuations in ports, provide a value benchmark and effective reference for port trade activities, and comprehensively enhance the ability to monitor, analyze, and early warning capabilities of domestic and foreign commodity prices. The RCEP Seaborne Trade Index Report (2023) took the 14 member countries (except for Laos) of RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, oil products, LNG, and car, as the analysis objects to reflect the annual development trend of RCEP seaborne trade from two dimensions, including overall trade volume and seaborne trade volume. According to the index report, the RCEP Seaborne Trade Index reached 101.4 in 2022, surpassing the 2019 baseline for two consecutive years. The RCEP seaborne trade volume has gained an increasingly larger global market share, especially in the container segment. The report reveals that the RCEP Seaborne Trade Index had a decline of 0.2 points year-on-year in 2022, in line with the prevailing downward trajectory observed in the worldwide volume of seaborne commerce. According to the report, the RCEP agreement, which will take full effect for the 15 signatories in the first half of 2023, would result in a more favorable seaborne trade prospect among RCEP members than the global trade outlook in 2023. Source: China Economic Information Service

TOSHIBA RELEASES 3RD GENERATION SIC MOSFETS FOR INDUSTRIAL EQUIPMENT WITH FOUR-PIN PACKAGE THAT REDUCES SWITCHING LOSS

^{Toshiba: 3rd generation SiC MOSFETs for industrial equipment with four-pin package that reduces switching loss. (Graphic: Business Wire)}


KAWASAKI, Japan, Sept 1 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched silicon carbide (SiC) MOSFETs, the "TWxxxZxxxC series,” that use a four-pin TO-247-4L(X) package that reduces switching loss with the company’s latest^[1] 3rd generation SiC MOSFETs chip for industrial equipment. Volume shipments of ten products, five with 650V ratings and five with 1200V, start today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230830606116/en/
 

The new products are the first in Toshiba’s SiC MOSFET line-up to use the four-pin TO-247-4L(X) package, which allows Kelvin connection of the signal source terminal for the gate drive. The package can reduce the effect of source wire inductance inside the package, improving high-speed switching performance. For the new TW045Z120C, the turn-on loss is approximately 40% lower and the turn-off loss reduced by approximately 34%^[2], compared with Toshiba’s current product TW045N120C in a three-pin TO-247 package. This helps to reduce equipment power loss.

A reference design for a three-phase inverter using SiC MOSFETs is published online.

Toshiba will continue to expand its line-up to meet market trends and contribute to improving equipment efficiency and enlarging power capacity.

Notes:
[1] As of August 2023.
[2] As of August 2023, values measured by Toshiba (test condition: V_DD=800V, V_GG=+18V/0V, I_D=20A, R_G=4.7Ω, L=100μH, T_a=25°C)

Applications

• Switching power supplies (servers, data centers, communications equipment, etc.)
• EV charging stations
• Photovoltaic inverters
• Uninterruptible power supplies (UPS)

Features

• Four-pins TO-247-4L(X) package:
  Switching loss is reduced by Kelvin connection of the signal source terminal for the gate drive
• 3rd generation SiC MOSFETs
• Low drain-source On-resistance x gate-drain charge
• Low diode forward voltage: V_DSF=-1.35V (typ.) (V_GS=-5V)

 


Follow the links below for more on the new product.

TW015Z120C
TW030Z120C
TW045Z120C
TW060Z120C
TW140Z120C
TW015Z65C
TW027Z65C
TW048Z65C
TW083Z65C
TW107Z65C

Follow the link below for more on Toshiba’s MOSFETs.
MOSFETs

Follow the links below for more on Toshiba’s solution proposal.

Applications
Servers
Uninterruptible Power Supply
LED lighting

To check availability of the new products at online distributors, visit:
TW015Z120C
Buy Online

TW030Z120C
Buy Online

TW045Z120C
Buy Online

TW060Z120C
Buy Online

TW140Z120C
Buy Online

TW015Z65C
Buy Online

TW027Z65C
Buy Online

TW048Z65C
Buy Online

TW083Z65C
Buy Online

TW107Z65C
Buy Online

* Company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.
The company's 21,500 employees around the world share a determination to maximize product value, and promote close collaboration with customers in the co-creation of value and new markets. With annual sales approaching 800-billion yen (US$6.1 billion), Toshiba Electronic Devices & Storage Corporation looks forward to building and to contributing to a better future for people everywhere.
Find out more at https://toshiba.semicon-storage.com/ap-en/top.html

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230830606116/en/

Contact

Customer Inquiries:
Power Device Sales & Marketing Dept.
Tel: +81-44-548-2216
Contact Us

Media Inquiries:
Chiaki Nagasawa
Digital Marketing Dept.
Toshiba Electronic Devices & Storage Corporation
semicon-NR-mailbox@ml.toshiba.co.jp

Source : Toshiba Electronic Devices & Storage Corporation

TOSHIBA PRODUCES INDUSTRY'S FIRST 2200V DUAL SILICON CARBIDE MOSFET MODULE

KUALA LUMPUR, Aug 29 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has developed “MG250YD2YMS3”, the industry’s first 2200 volt (V) dual silicon carbide (SiC) MOSFET module for industrial equipment.

The new module has a drain current (DC) rating of 250A and uses the company’s third generation SiC MOSFET chips.

According to Toshiba in a statement, it is suitable for applications that use DC1500V, such as photovoltaic power systems and energy storage systems.

Industrial applications like those mentioned above generally use DC1000V or lower power, and their power devices are mostly 1200V or 1700V products.

However, anticipating widespread use of DC1500V in coming years, Toshiba has released the industry’s first 2200V product.

Toshiba will continue to meet the market needs for high efficiency and the downsizing of industrial equipment.

-- BERNAMA

H&H GROUP POSTS DOUBLE-DIGIT TOP LINE GROWTH IN 1H 2023

KUALA LUMPUR, Aug 28 (Bernama) -- Health and Happiness (H&H) International Holdings Limited, a global family nutrition company, has achieved revenue of over 6.98 billion Chinese yuan, a reported increase of 17.2 per cent for the six months ended June 30 (1H 2023). (100 Chinese yuan = RM63.79)

The group’s high-margin and fast-growing nutritional supplements across three business pillars have emerged as the largest revenue contributor, making up 60.1 per cent of the group’s total revenue, while net profit reached 608.0 million Chinese yuan, a year-on-year increase of 28 per cent.

Its Interim Chief Executive Officer & Chief Strategy and Operations Officer, Akash Bedi said the group has seen a very promising first half of 2023, passing several important milestones, and setting itself up for a strong full year outlook.

“Thanks to our innovative product strategies and diverse business model, revenue from high-margin and fast-growing nutritional supplements across all three of our ANC, BNC and PNC business segments is now our largest revenue contributor,” he said in a statement.

In the Adult Nutrition and Care (ANC) segment, it has now become the group’s largest growth contributor delivering revenue growth of 43.2 per cent on a like-for-like (LFL) basis, led by a strong first half for Swisse which surpassed AUD$1 billion in global sales. (AUD$1=RM2.98)

However, Baby Nutrition and Care (BNC) segment confined to low single-digit sales decline of 2.1 per cent on a LFL basis, amid strong market headwinds, partly offset by growth in Biostime paediatric probiotic and nutritional supplements.

Meanwhile, Pet Nutrition and Care (PNC) segment delivered strong revenue growth of 21.4 per cent on a LFL basis, with Zesty Paws officially recognised as the number one brand of pet supplements in the United States.

As of June 30, the group has improved its net leverage to 3.40 times and remained on track to deleverage its balance sheet in the coming years, as well as maintained a stable dividend pay-out ratio of 50 per cent consistent with the previous periods.

For sustainability progress, the group submitted its science-based greenhouse gas emissions reduction targets to the internationally renowned Science-Based Targets initiative (SBTi) to continue to drive long-term growth with impact, in April, this year.

Looking ahead to the remainder of the year, the group is well positioned to maintain top line growth for the full year, driven by the globalisation of its brands and diversification of its portfolio across the ANC, BNC and PNC businesses.

-- BERNAMA

GUIDEPOINT CELEBRATES 20 YEARS OF INNOVATION

Constantly finding new ways to give clients the context they need to navigate the abundance of information available today.


New York, NY, Aug 24 (Bernama-GLOBE NEWSWIRE) -- This year, Guidepoint celebrates its 20th anniversary as a leading expert network and research enablement platform, offering solutions that allow clients to obtain essential knowledge to better inform their business decisions.

Since Guidepoint’s founding, the company has pursued its vision of making knowledge available to all by expanding to include 17 strategically located global offices, a network of 1.5 Million subject matter experts across all sectors, and a client list of more than 4,500 top organizations around the world.

In recent years, Guidepoint has expanded its product set to include Guidepoint Insights, offering access to more than 750 live events per month and a library of more than 23,000+ transcripts, and Guidepoint Qsight, an alternative data business focused on bespoke curation of market data in the MedTech, Therapeutics, and Aesthetics spaces.

“I'm proud of what Guidepoint has accomplished in the past 20 years, with the support of our dedicated employees, clients, and Advisors.” said Albert Sebag, CEO of Guidepoint. “While it’s important to celebrate our achievements, we’re already looking forward, positioning ourselves to expand our offerings and deliver on a promise of unparalleled expertise and ongoing innovation — offering knowledge solutions that can create a lasting impact for the firms we serve.”

As Guidepoint’s products have evolved, so has its focus. With an eye toward the future, the company is making significant investments in original content and technology, intent on serving the broader knowledge needs of its expanded roster of clients.

To learn more about Guidepoint, and the products and services they offer, visit their website at www.guidepoint.com.

About Guidepoint

Guidepoint is a research enablement platform designed to accelerate understanding and empower decision‑making through real-time access to data and hard-to-source knowledge. Backed by the world’s largest network of expertise, the company provides critical context and dimension on any topic, letting top companies and investors rapidly turn answers into action.


Mike Gold
Guidepoint
2123752984
marketing@guidepoint.com 

SOURCE : Guidepoint

CARGILL, BAR TECHNOLOGIES' WIND TECHNOLOGY PAVING A LOWER CARBON COURSE FOR MARITIME INDUSTRY

KUALA LUMPUR, Aug 21 (Bernama) -- Cargill and BAR Technologies’ groundbreaking innovation, BAR Tech WindWings by Yara Marine Technologies set sail on open waters, testing new technology that will bring cutting edge wind propulsion to commercial shipping for the first time.

According to a statement, Mitsubishi Corporation’s Pyxis Ocean, chartered by Cargill, is the first vessel to be retrofitted with two WindWings, which are large wing sails measuring up to 37.5 metres in height that can be fitted to the deck of cargo ships to harness the power of wind.

Produced by industrialisation partner Yara Marine, they are expected to generate average fuel savings of up to 30 per cent on new build vessels, which could be even higher if used in combination with alternative fuels.

President of Cargill Ocean Transportation business, Jan Dieleman said: “At Cargill we have a responsibility to pioneer decarbonising solutions across all our supply chains to meet our customer’s needs and the needs of the planet.

“A technology like WindWings does not come without risk, and as an industry leader – in partnership with visionary shipowner Mitsubishi Corporation - we are not afraid to invest, take those risks and be transparent with our learnings to help our partners in maritime transition to a more sustainable future.”

The installation demonstrates a step-change in attitudes towards technologies that can enable an energy transition for existing vessels.

Co-funded by the European Union as part of the CHEK Horizon 2020 initiative, the WindWings project, can help the industry meet those targets by offering a retrofit solution that is capable of decarbonising existing vessels, which is particularly relevant given that 55 per cent of the world’s bulker fleets are up to nine years in age.

The performance of the WindWings will be closely monitored over the coming months to further improve their design, operation, and performance, with the aim that the Pyxis Ocean will be used to inform the scale-up and adoption across not only Cargill’s fleet but the industry.

BAR Technologies and Yara Marine are already planning to build hundreds of wings over the next four years and BAR Technologies is also researching newbuilds with improved hydrodynamic hull forms.

-- BERNAMA