​SHISEIDO AND TORY BURCH ANNOUNCE LONG-TERM BEAUTY PARTNERSHIP AGREEMENT

TOKYO & NEW YORK, Aug 8 (Bernama-BUSINESS WIRE) -- Shiseido Company, Limited (“Shiseido”), a leading global beauty company, and Tory Burch LLC (“Tory Burch”) today announced that they have entered into a long-term partnership agreement under which Shiseido will have the exclusive worldwide license to develop, market, and distribute Tory Burch beauty brands. The agreement will be effective as of January 1, 2020. Tory Burch’s beauty license will be managed by Shiseido Group’s Americas region headquartered in New York City.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190807005529/en/

 

Tory Burch is an American lifestyle brand that embodies the personal style, global mindset and aesthetic of its Executive Chairman and Chief Creative Officer, Tory Burch, a modern and dynamic entrepreneur who launched her company in 2004. Today, the collection includes ready-to-wear, shoes, handbags, accessories, watches, home and fragrance. The first Tory Burch fragrance products were launched in 2013, and are currently available in Tory Burch boutiques and luxury retailers around the world.

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FINANCIAL LITERACY KNOWLEDGE TRANSFORMS LIVES

KUALA LUMPUR, Aug 8 (Bernama) -- MFPC rallies the action of the Malaysian government with the implementation of a National Strategy for Financial Literacy which was launched on July 23, 2019, a five-year plan that aims to raise the country’s low level of financial literacy. The initiative has 5 key thrusts and key to the success of the strategy would be successfully implementing financial literacy knowledge for the Kindergarten to Grade 12 (K-12) segment, as well as programmes for Youths and the public generally.
 
Since its inception in the year 2004 at the Malaysian government’s initiative, MFPC has been conducting numerous financial literacy sessions for the public through its UNESCO commended programme “My Money & Me”. Since the year 2018, the programme has entailed a multi-stakeholder approach mapping a way forward through clear coordinated collaboration with relevant agencies targetting to bring basic financial literacy knowledge to as many Malaysians. In line with this, programmes are held for youths through Majlis Belia Malaysia and the 24 universities affiliated with the Council as well as for FELDA Settlers and individuals at rural areas. In addition, the programmes are also conducted for Civil Servants.
 
Connecting the bridge of financial literacy to Malaysians is certainly not an easy task and needs collective effort from all stakeholders. At the heart of the matter, we are convinced that such efforts should be continuous and consistent in order for it to be fruitful and the Council hopes its eventual collaborative engagements with Financial Education Network (FEN) would bring about one key goal of people being able to enjoy better financial and emotional well-being by being able to manage, save, spend and invest their money. Vincent Kwo Shih Kang, President of the Council said, “through the establishment of the FEN collaboration framework, Malaysians from all walks of life must be the beneficiaries”. He reiterated that the Council’s is poised to a make a difference with its 13,000 qualified members in alignment with the FEN initiative and raise optimism that the formation of a national strategy would help raise awareness on the importance of financial literacy among Malaysians. He applauds the action of the government on the formulation of a national strategy. 

The Council has in recent years delivered game-changing initiatives in educating Malaysians on financial literacy including through gamification methodology. Our goal is simply this, Malaysians must be aware of the essential benefits of financial planning as it could make a lasting social impact for the Country. The Council’s upcoming one day Financial Literacy Workshop for members of the public is at Kolej Poly-Tech Mara (KPTM), Kota Bharu, Kelantan on 24 August 2019 from 9.00am until 5.00pm and at Dewan Hasil Sri Mutiara, Menara Hasil, PJ Trade Centre on 2^ndNovember 2019.For more information and to register please visit www.mfpc.org.my   

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PPG invests US$15 million in Singapore Aerospace application support centre

KUALA LUMPUR, Aug 9 (Bernama) -- PPG has invested US$15 million in a new 38,750 sq ft application support centre (ASC) at the Seletar Aerospace Park near the Seletar Airport in Singapore. (US$1 = RM4.19).

The project is the company’s largest investment to date, in Southeast Asia, according to a statement.

Scheduled for completion in the first quarter next year, the ASC will accommodate increased demand for aerospace sealants and coatings, chemical management services and the packaging of third-party products.

“Having this state-of-the-art facility in Seletar will help increase collaboration and allow PPG to deliver efficient, value-added services to our customers locally,” said PPG general manager, aerospace products (Asia Pacific), Ranju Arya.

Headquartered in Pittsburgh, PPG’s global aerospace business offering includes coatings, sealants, transparencies, packaging and application systems and transparent armour. More information at https://www.ppg.com.

-- BERNAMA

JPMorgan chase invests in America´s FreshBooks

KUALA LUMPUR, Aug 8 (Bernama) -- JPMorgan Chase & Co has made strategic investment in America’s leading small business accounting software, FreshBooks.

As part of the investment, a JPMorgan Chase representative will join FreshBooks’ board of directors.

The investment follows two previous institutional funding rounds for FreshBooks, namely a US$30 million Series A funding round in July 2014, and US$43 million Series B funding round in July 2017. (US$1=RM4.21)

FreshBooks chief executive officer (CEO) and co-founder, Mike McDerment said: “Our mission is to reshape the world to suit the needs of self-employed professionals and their teams.

“We see a significant opportunity to combine the strength and scale of JPMorgan Chase’s banking and payment capabilities with FreshBooks’ expertise in software design to create mass adoption for small businesses, and propel us closer to achieving that world.”

Meanwhile, according to Chase Merchant Services SMB Product head, Bill Clerico, FreshBooks is one of the smartest, easiest-to-use software options for small businesses.

Clerico is also CEO of WePay, the integrated payment business of JPMorgan Chase.

-- BERNAMA

Fusionex, Google Cloud partnership facilitate SMEs digital transformation journey

KUALA LUMPUR, Aug 8 (Bernama) -- Fusionex, a multi-award winning, leading software solutions provider is building its product and service offerings on Google Cloud Platform (GCP) technologies to help the digital transformation journey of small medium enterprises (SMEs) across Asia-Pacific.

Specialising in Big Data Analytics (BDA), Artificial Intelligence (AI), and Industrial Revolution (IR) 4.0 technologies, Fusionex has built its ‘Giant BDA’ suite of solutions that are specially tailored for SMEs on GCP, according to a statement.

“This collaboration will see joint investments from both companies, empowering SMEs to take up BDA, AI, and IR4.0 initiatives,” said Fusionex managing director (New Technologies), Jacob Isaac.

GCP allows customers to build, test and deploy applications on a highly scalable and reliable infrastructure with offerings that span storage, networking, data, analytics, app development and machine learning tools and APIs.

As a Google Cloud Services Partner, Fusionex also offers training programmes and consulting services for SMEs, enabling them to build their competencies around GCP to advance their businesses.

Fusionex’s suite of solutions allows businesses to take advantage of organisational and market data trends without having to worry about the technical complexities of coding or underlying technology.

More information at https://www.fusionex-international.com.

-- BERNAMA

Toshiba memory corporation showcases CM6 Series SSDs at Flash Memory Summit, USA

KUALA LUMPUR, Aug 7 (Bernama) -- Toshiba Memory Corporation, the world leader in memory solutions has developed the industry’s fastest-class, PCIe® 4.0 NVMe™ SSDs for enterprise applications.

The device has achieved a sequential read performance of over 6.4GB/s, according to a statement.

A reference display and a demo of the new CM6 Series SSDs will be showcased at Toshiba Memory America’s booth at the Flash Memory Summit in Santa Clara, USA until Aug 8.

It supports dual-port PCIe® Gen4 x4 lanes and is NVMe™ 1.4 compliant. The family of enterprise NVMe SSDs will be available in a 2.5-inch form factor with capacity points from 800GB to 30TB.

More information at https://business.toshiba-memory.com.

-- BERNAMA

DATATRACKS PLANS NEXT VERSION OF RAINBOW SOFTWARE FEATURING ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING

NEW YORK, Aug 7 (Bernama-BUSINESS WIRE) -- DataTracks, a global leader in providing cloud based software application for preparation of compliance reports announces plans for the next version of its Rainbow software featuring artificial intelligence and machine learning capabilities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190806005731/en/

 

Singapore based DataTracks is a global leader in providing software and services to help business enterprises prepare and file compliance reports with regulators (such as SEC in United States). DataTracks counts more than 16,600 clients in 24 countries.

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