Monday 31 July 2017

VISTAJET LAUNCHES NEW DIGITAL PLATFORMS AS GROWTH ACCELERATES IN CHINA


VistaJet grows team and launches Chinese website owing to passenger demand

For the six months to 30th June 2017:
  • Program Membership sales increase globally by a record 57% as customer retention hits 91% across all regions
  • 12% year-on-year increase on passenger departures from China
  • 100% customer renewal rate in Greater China in the first half of 2017
  • VistaJet Chinese website launched at www.vistajet.cn
HONG KONG, July 28 (Bernama-GLOBE NEWSWIRE) -- VistaJet continues to build on its China growth and demonstrates a commitment to the region by expanding its team and launching a Chinese language website. This follows a surge of interest from the April launch of a bespoke WeChat booking platform.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ad9eb7bd-25fd-42a3-a217-8ca72c35e18e
VistaJet’s USD2.5 billion global infrastructure demonstrates the company’s commitment to providing the ultimate business aviation solution for corporate leaders, governments and UHNWIs. Additionally, expansion plans in China are being geared to creating a seamless flying experience for the increasingly tech savvy Chinese customer.

The company launched its WeChat booking service in April 2017, allowing customers to access VistaJet’s fleet of over 70 fully-owned and identically branded aircraft worldwide, connect with a 24/7 global team to book their flights from their mobile phones and ensure that customers receive first-hand information, directly from the business - and without delay.

This is an exciting new period of customer growth for the business. VistaJet’s Program Membership sales continued to accelerate with a 57% year-on-year growth worldwide, while global customer retention reached 91%. China is one of the fastest growing markets for the company, with a first half 12% increase in passenger traffic departing from the country, and a 14% gain in passengers arriving. VistaJet has also sold over 6,000 new hours of annual subscriptions globally during the first half of 2017 alone.

The company’s renewal hours more than tripled in the first half of the year, and the number of new Program customers rose by 61% compared to the same period a year ago. With its unique business model offering customers access to its full fleet without the asset risk, the Asia team secured a 100% customer renewal rate in Greater China.

​SDC LAUNCHES CLEARCHOICE™ INTERACTIVE PRODUCT SELECTOR GUIDE

Interactive product selector guides coating users to the most appropriate coating technologies

IRVINE, Calif., July 28 (Bernama-GLOBE NEWSWIRE) -- SDC Technologies, Inc. (SDC), the recognized global leader in premium, high performance abrasion resistant coating solutions, has launched a new interactive product selector tool called ClearChoice Coatings in conjunction with its FSI Coating Technologiessubsidiary. The tool allows product engineers to easily search for the best coating solution for any need by selecting product characteristics such as coating type, substrate, feature, cure and application method and chemistry, as well as use parameters such as industry and market, and application method. The tool enables users to compare up to three products at a time and generate a PDF for future reference.

Designed to be a game changer for the specialty chemicals industry, the tool allows highly technical and industrial markets to enjoy the kind of convenience that are commonly available on consumer-facing selection sites. It enables users to make smarter decisions faster, with comprehensive digital advice geared to human touch and cognitive reasoning. The tool also contains references to relevant website pages and downloadable product documentation PDF files such as Technical Data Sheets, product highlights and brochures.

In launching the tool, Chief Operating Officer Richard Chang said, “The ClearChoice Coatings product selector represents a great advance in serving industries that are dependent on our categories of coatings.  We already deliver coating solutions to the world’s most recognizable brands, and our guided selection tool increases the likelihood of finding the right coating quickly.”

ABOUT SDC TECHNOLOGIES

SDC is the pioneer of innovative performance-based abrasion resistant coatings used in a variety of applications from aerospace and automotive parts, to vision eyewear. Founded in 1986, SDC Technologies, Inc. is headquartered in Irvine, California. SDC was acquired by Mitsui Chemicals, Inc. in 2008.

ABOUT FSI COATING TECHNOLOGIES

FSI Coating Technologies (FSICT), a wholly-owned subsidiary of SDC Technologies, Inc., is a leading developer and manufacturer of innovative commercial industrial coatings and film products. Founded in 1986 and based in Irvine, California, FSICT offers a wide variety of premium, high performance, anti-fog solutions, applications include medical, military, safety and sports eyewear, as well as industrial sheet and PET film for commercial freezer display doors.

Contact information: customercare@sdctech.com

Source : SDC Technologies, Inc.

--BERNAMA

IIOT WORLD TOUR TO STOP IN SINGAPORE ON SEPTEMBER 15, 2017, HOSTED BY THE INDUSTRIAL INTERNET CONSORTIUM AND PLATTFORM INDUSTRIE 4.0

SINGAPORE, July 31 (Bernama-BUSINESS WIRE) -- Industrial Internet Consortium (IIC) and Plattform Industrie 4.0 have announced a stop in Singapore on their IIoT World Tour, which brings together industry leaders from both organizations and local organizations to accelerate the digitalization of industrial production. The two organizations have partnered with the Agency for Science, Technology and Research (A*STAR), to co-host an event in Singapore, held in conjunction with A*STAR’s Future of Manufacturing Singapore, a series of events related to advanced manufacturing. The Singaporean-German Chamber of Industry and Commerce will serve as a further local partner for the event.
 
Industrial Internet of Things (IIoT) technologies will dramatically improve productivity and efficiencies throughout the entire manufacturing supply chain, with processes governing intelligent machines to improve production and even take corrective action to avoid unscheduled downtime. A thriving manufacturing sector helps strengthen the global economy.

http://mrem.bernama.com/viewsm.php?idm=29713

EZAKI GLICO CO., LTD. LAUNCHES ENGLISH VERSION OF POPULAR EDUCATIONAL APP GLICODE (TM)

OSAKA, Japan, July 31 (Bernama-AsiaNet) --
 
Ezaki Glico Co., Ltd. (Ezaki Glico: https://www.glico.com/global/), is pleased to announce the launch of an English version of GLICODE (TM) -- a fun-educational programming app that allows kids as young as six to learn the basics of programming using Ezaki Glico's popular confectionary "Pocky."

(Photo: http://prw.kyodonews.jp/img/201707274144-O1-pdO74vV8)
(Image1: http://prw.kyodonews.jp/img/201707274144-O2-2sC8395m)
(Image2: http://prw.kyodonews.jp/img/201707274144-O3-xFyX68vZ)

Download URL: http://cp.glico.jp/glicode/app-global/

Since its initial launch in Japan 2016, Ezaki Glico has organized and facilitated various GLICODE (TM) workshops across Japan and also participated in national programming events as well as overseas. GLICODE (TM) has also been recognized at many award shows like Cannes Lions, One Show and more. Through our efforts and recognition, Ezaki Glico has received many requests to localize the app for a larger market. In response to this, Ezaki Glico has decided to release an English version of GLICODE (TM).

GLICODE (TM) webpage: http://cp.glico.jp/glicode/en/
GLICODE (TM) Youtube: https://youtu.be/UiWkUqKif6o

Ezaki Glico believes GLICODE (TM) will benefit children everywhere, helping them learn the basics of programming and algorithmic thinking in a hands-on and engaging way. By lining up physical "Pocky", kids can build a coding sequence that controls the game's character. The app's UI, levels and gameplay are specifically designed to make learning simple, fun and interactive, and teaches the three basic fundamentals of programming: Basic Syntax, Loops and IF Statements.

"Ever since its establishment, the business activities of Ezaki Glico have adhered to the corporate philosophy of 'Enhancing Public Health through Food.' This is the reason why Ezaki Glico launched this GLICODE (TM). GLICODE (TM) makes it possible for kids to learn programming easily in an enjoyable way by using our confectionary 'Pocky'," says Hirohisa Tamai, Assistant Global Brand Manager, Advertisement Division, Creative Team, Ezaki Glico.

For over 95 years, Ezaki Glico has always believed that eating and playing are the two most important parts of a child's healthy growth and development. That's exactly why in 1922 the company founder, Mr. Ri-ichi Ezaki, launched Glico's first ever confectionary as a heart-shaped caramel with a toy. The iconic Glico caramel and its toy are loved by many Japanese and represent this very belief.

As culture and technology change, Ezaki Glico has the opportunity to redefine what fun is and how Ezaki Glico as a company can better contribute to a child's growth and development. Ezaki Glico hopes GLICODE(TM) can act as a next-generation Glico caramel toy (Omo-cha), one that is just as educational as it is fun and that benefits a much larger community of children, not only in Japan but around the world.

Reference: http://prw.kyodonews.jp/opn/release/201707274144/

SOURCE: Ezaki Glico Co., Ltd.

--BERNAMA

VERTIV SELLS ASCO® TO SCHNEIDER ELECTRIC

Sale enables greater focus on core business

COLUMBUS, Ohio, July 28 (Bernama-GLOBE NEWSWIRE) -- Vertiv, formerly Emerson Network Power, today announced plans to sell its ASCO® business as it continues to sharpen its focus on the digital critical infrastructure space. The $1.25 billion sale to Schneider Electric allows Vertiv to apply additional resources toward business and technological advancements in its core data center, telecommunications and commercial and industrial markets.

As Vertiv has repositioned itself after being sold to Platinum Equity in November 2016, it became clear that ASCO’s strengths in the automatic transfer switch arena fell outside the new organization’s more focused strategy, said Vertiv CEO Rob Johnson.

“This sale is a significant step forward in our evolution as the premier provider of digital critical infrastructure solutions,” Johnson said. “This is consistent with our strategy of focusing on our customers and aligning the strengths of our organization –  deep domain knowledge in IT and facilities applications, global scale and service coverage  – to better meet their needs.”

Platinum Equity Partner Jacob Kotzubei praised Vertiv’s progress.

“Thanks to strong leadership and the commitment of Vertiv employees around the world, the company is performing exceptionally well, and the transformation of the business is right on track,” said Mr. Kotzubei. “The sale of ASCO will further support those efforts and help Vertiv continue focusing on its core business. Given the amount of cash proceeds expected to be generated from the sale, we will evaluate a number of capital structure alternatives that would be beneficial to all stakeholders."

The sale price of $1.25 billion reflects a multiple of 11.7x adjusted EBITDA for CY2016. The sale is subject to customary regulatory approvals and is expected to close by Q4 2017. 

Friday 28 July 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF PROVIDENT INSURANCE CORPORATION LIMITED

SINGAPORE, July 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Provident Insurance Corporation Limited (PICL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
 
The ratings reflect PICL’s adequate risk-adjusted capitalization, prudent reserving and conservative investment portfolio. Moreover, despite the company’s start-up nature, its operating performance and claims experience during its first four years of operations have been largely consistent with initial projections.
 
Partially offsetting these positive rating factors are the company’s increasing underwriting leverage and a high expense ratio. Due to the delayed premium recognition of its core motor warranty products, growth in earned premium and underwriting profits tend to lag behind growth in incurred expenses. Hence, increased underwriting leverage from above-target premium growth over the short term could result in additional pressure on the company’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR).

http://mrem.bernama.com/viewsm.php?idm=29700

TGS Q2 2017 WEBCAST AND TELECONFERENCE

ASKER, Norway, July 28 (Bernama-GLOBE NEWSWIRE) -- TGS will release its Q2 2017 results at approximately 07:00 CEST on 3 August 2017. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Hotel Continental, Stortingsgata 24/26 in Oslo, Norway. The presentation is open to the public and can be followed live on the internet at www.tgs.com.
 
The slides from the presentation will also be available in PDF format at both the TGS and Oslo Stock Exchange websites.
 
CEO Kristian Johansen and CFO Sven Børre Larsen will host a conference call on 3 August 2017 at 15:00 CEST (09:00 EDT). Attendees may want to call 5-10 minutes before to ensure registration and access.

http://mrem.bernama.com/viewsm.php?idm=29697

AMAZON INTRODUCES PRIME NOW IN SINGAPORE: FREE TWO-HOUR DELIVERY ON TENS OF THOUSANDS OF ITEMS

Prime Now is the first Amazon retail service to launch in Singapore, offering free two-hour delivery on grocery items, local favorites and name-brand goods
 
SEATTLE, July 28 (Bernama-BUSINESS WIRE) -- Amazon.com, Inc. (NASDAQ: AMZN) today announced the launch of Prime Now in Singapore, which offers free two-hour delivery on tens of thousands of items right from your phone. Customers can shop on the Prime Now app for everything on their list from eggs, cold beverages and ice cream to baby strollers, toys, and consumer electronics. Local favorites such as Tiger Balm, Milo, Scotch-Brite and MamyPoko diapers as well as products from iconic brands including L’Oreal, Pampers, and Samsung are also available for ultra-fast delivery right to your door with free two-hour delivery on orders of S$40 or more.
 
“We are excited to introduce the busy people in Singapore to this convenient, ultra-fast delivery solution to get more time back to do the things they love,” said Aarif Nakhooda, Director of Prime Now Asia-Pacific. “Prime Now is powered by Amazon’s more than 20 years of operational and technological excellence and hundreds of Singapore’s talented and skilled associates.”

http://mrem.bernama.com/viewsm.php?idm=29691

Thursday 27 July 2017

ACAPTURE AND BOATSTERS LAUNCH THE FIRST, END-TO-END VR WEBSHOP

With this white label app, merchants can now cover the entire customer journey, from selection to payment, offering a complete omnichannel experience
 
AMSTERDAM, The Netherlands, July 27 (Bernama-GLOBE NEWSWIRE) -- Acapture, a global, data-driven omnichannel PSP, together with Boatsters, a world leading rental platform for yachts and boats, have launched a Virtual Reality (VR) webshop pilot project.
 
Available as a white label application, Acapture’s VR webshop solution can be utilized and personalized by any merchant looking to add VR to their offering. The application covers the entire customer journey, from selection to payment. When consumers are ready to make a purchase, the payment is supported by Acapture’s award winning payment platform and completed entirely within the VR environment. Webshops created with this application can be accessed by consumers via their smartphone at the lowest-priced headsets available.

http://mrem.bernama.com/viewsm.php?idm=29676

A.M. BEST AFFIRMS CREDIT RATINGS OF YOUI NZ PTY LIMITED

SINGAPORE, July 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Youi NZ Pty Limited (Youi NZ) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
 
The ratings reflect Youi NZ’s strong balance sheet, which is due to the company’s low underwriting leverage, as well as its prudent reinsurance program and conservative investment approach. In addition, actual claims experience during the company’s first three years of operation were largely consistent with the assumptions used in pricing its policies.

http://mrem.bernama.com/viewsm.php?idm=29670

NASDAQ ANNOUNCES QUARTERLY DIVIDEND OF $0.38 PER SHARE

NEW YORK, July 27 (Bernama-GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.38 per share on the company's outstanding common stock.  The dividend is payable on September 29, 2017 to shareowners of record at the close of business on September 15, 2017.  Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

http://mrem.bernama.com/viewsm.php?idm=29675

CARBON BLACK NAMED 'ASIA-PACIFIC EMERGING CYBERSECURITY VENDOR OF THE YEAR' BY FROST & SULLIVAN

SINGAPORE, July 27 (Bernama-BUSINESS WIRE) -- Carbon Black, the leader in next-generation endpoint security, today announced the company was named “Asia-Pacific Emerging Cyber Security Vendor of the Year” by Frost & Sullivan at the annual ICT awards ceremony in Singapore.
 
The contenders for the Frost & Sullivan Asia-Pacific ICT Awards were evaluated on a variety of market performance indicators which include revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, major customer acquisitions, and business and market strategy as well as other category-specific criteria.
 
A team of 30 leading Frost & Sullivan analysts and consultants based in the Asia-Pacific were involved in the shortlisting, evaluation and research process, applying the same thorough approach that has been the hallmark of Frost & Sullivan globally.

http://mrem.bernama.com/viewsm.php?idm=29673

Wednesday 26 July 2017

CREDIT SUISSE、MORGAN STANLEY和UBS荣登INSTITUTIONAL INVESTOR首次发布的2017 ALL-ASIA TRADING TEAM排名前三

纽约, July 26 (Bernama-GLOBE NEWSWIRE) -- Institutional Investor今日发布了All-Asia Trading Team排名,以表彰最佳电子化、高接触和投资组合交易团队,以及为买方提供本地化特色服务的最佳公司。评选活动共收到来自最具影响力的机构投资者的14,500多份投票。

经买方投票评选,Credit Suisse位居榜首,在17类排名项目中均有上榜,并在6类排名中位居第一,居同行翘楚。Morgan Stanley以在15类排名中上榜紧随其后,UBS则以在13类排名中上榜位居第三。

“在亚洲开展交易,需要与当地市场接触。”Institutional Investor Research产品总监 Howard Tang说道:“你必须要有了解该地区资金流动特征的本地合作伙伴,才能有效地开展交易,这就是为何我们的研究深入挖掘各个具体市场。”

买方现金股票交易员在调查中提供了他们认为的高接触、电子化和本地化市场特色的最佳供应商,而这些供应商来自七个特定地区:澳大利亚/新西兰、中国/香港、印度、日本、韩国、发展中交易市场及前沿交易市场。产品组合交易并未限定于具体地区。

Institutional Investor采访了来自亚洲305家买方公司的392名交易主管及交易员。其中超过43%参与投票的公司向金融机构支付5百万美元或更多的佣金,而这些公司中有超过47%在其投资组合中管理着10亿美元或更多的资产。

调查报告包含了23个类别的深层数据,覆盖高接触、电子化、资产组合交易及本地化市场特色方面,为交易执行供应商提供了深入了解同行竞争力的信息,及帮助他们认识其在不同基金、地域和资金规模情况下的表现。

2017 All-Asia Trading Team 领导者
 
排名公司名称
1Credit Suisse
2Morgan Stanley
3UBS
4Bank of America Merrill Lynch
5Citi
6CLSA
6Goldman Sachs
8Instinet/Nomura
9Deutsche Bank
9Macquarie
11Daiwa Securities Group
11J.P. Morgan
11Mizuho Securities
14Auerbach Grayson & Co.
14Decker and Co.
14HSBC
14Mirae Asset Daewoo Co.


查看领导者排名,请点击这里

关于Institutional Investor

Institutional Investor提供专属的研究和排名作为值得信赖的行业基准。欲知更多相关信息,请访问 institutionalinvestor.com


联系人: Augusta McKie
Augusta.McKie@institutionalinvestor.com 
+44 207 779 8208

SOURCE : Institutional Investor News

'XI JIA' PAN (823 B.C. CHINA): ANCIENT BRONZE PLATE BREAKS AUCTION RECORD

HANGZHOU, China, July 26, 2017 /Xinhua-AsiaNet/--
 
A few days ago, an eye-catching bronze 'Xi Jia' Pan (823 B.C.) was sold at Xiling Yinshe Auction (www.xlysauc.com) with a remarkable price of RMB 212.75 million ($31.5 million, commission included), setting a new record for Chinese works of art in China.
 
'Xi Jia' Pan, with as many as 133 characters of inscription, is the only existing bronze from the Western Zhou Dynasty collected by the royal family of Southern Song Dynasty. Wang Guowei, a famous modern Chinese scholar, held it of greater importance than 'Mao Gong' Ding (Duke Mao Tripod), which is treasured in the "National Palace Museum" in Taipei. According to Wang, 'Xi Jia' Pan's original owner Yin Jifu was not only a great politician and military strategist, but also the collector and compiler of Shijing (Book of Songs), China's earliest collection of Chinese poetry.

http://mrem.bernama.com/viewsm.php?idm=29667

GOODPACK SELECTS ANTUIT'S ADVANCED SUPPLY CHAIN PLANNING AND ANALYTICS PLATFORM TO MAXIMIZE RETURN ON ASSETS

NEW YORK, July 26 (Bernama-BUSINESS WIRE) -- Goodpack, a world leader in steel intermediate bulk containers (IBCs), has selected Antuit’s Advanced Supply Chain Planning and Analytics platform to maximize return on assets by improving container availability and reducing overall cost to serve.
 
“We were impressed by Antuit’s domain expertise and ability to demonstrate the positive impact of advanced analytics on our business,” said Goodpack CIO Kenneth Hee. “I’m confident that Antuit’s platform will transform our supply chain planning into a data-driven, customer-centric strategic business enabler.”

http://mrem.bernama.com/viewsm.php?idm=29662

Tuesday 25 July 2017

WIPRO AND HEWLETT PACKARD ENTERPRISE PARTNER TO OFFER CONSUMPTION-BASED IT INFRASTRUCTURE SOLUTIONS

EAST BRUNSWICK, N.J., & BANGALORE, India, July 25 (Bernama-BUSINESS WIRE) -- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced a partnership with Hewlett Packard Enterprise (HPE) to offer IT infrastructure solutions in a consumption-based or pay-per-use business model for enterprises. This model for IT infrastructure procurement and provisioning will be offered to both Wipro and HPE’s customers, globally.
 
As a part of this alliance, Wipro will leverage HPE Flexible Capacity to offer flexible and scalable IT infrastructure services in a consumption-based IT model, accelerate growth and enable digital transformation for its customers. HPE’s scalable, consumption-based IT model of provisioning and procurement coupled with Wipro’s industry-proven end-to-end suite of IT infrastructure services, and global delivery capabilities will enhance the security, agility, scalability of customers’ IT infrastructure, and help them ascertain and regulate the public cloud economics of their data centers.

http://mrem.bernama.com/viewsm.php?idm=29657

CALVIN KLEIN, INC. ANNOUNCES FALL 2017 CALVIN KLEIN 205W39NYC GLOBAL ADVERTISING CAMPAIGN

NEW YORK, July 25 (Bernama-BUSINESS WIRE) -- Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. [NYSE: PVH], today announced the Fall 2017 CALVIN KLEIN 205W39NYC global multi-media advertising campaign. The campaign features the debut CALVIN KLEIN 205W39NYC collection by Chief Creative Officer Raf Simons.

Shot by photographer Willy Vanderperre, the visually striking campaign presents a cast of 22 models shot against a series of billboards that feature images from last season’s CALVIN KLEIN: American Classics campaign. The billboards of the previous campaign – which include works by artist Andy Warhol – were erected in the California desert in the days leading up to the shoot. The campaign is a study in art and artifice, of the real and the imagined, the mannered world of high fashion combined with a sense of the everyday. Ultimately, the campaign explores the cinematic and romantic outsider’s view of America, something of a dream world that has become concrete for Chief Creative Officer Raf Simons and Creative Director Pieter Mulier.

http://mrem.bernama.com/viewsm.php?idm=29651

PROFICIO EXPANDS ASIA FOOTPRINT WITH NEW HONG KONG PRESENCE

Award-winning managed security services provider continues to drive global expansion efforts in Asia-Pacific
 
SINGAPORE, July 25 (Bernama-GLOBE NEWSWIRE) -- Proficio, one of the fastest growing managed security service providers (MSSPs) delivering managed detection and response (MDR), today announced its newly expanded Asia presence in Hong Kong. Following quickly on the launch of its security operations center (SOC) in Barcelona, Spain, this expansion enables Proficio to broaden its presence in the Asia-Pacific (APAC) region and service more clients globally.
 
Overseeing the Hong Kong area for Proficio is David Cheng, the regional director for security consulting.  Cheng has over a decade of experience in the IT security and software industry across corporate lines, including business development and solution selling. He has extensive cybersecurity experience in the banking, government, insurance, telecommunications, hospitality, retail and manufacturing industries.

http://mrem.bernama.com/viewsm.php?idm=29648

GAINING MOMENTUM: VRICON HIRES BARRY TILTON AS CTO AND VP OF ENGINEERING

McLean, Virginia, July 21 (Bernama-GLOBE NEWSWIRE) -- Vricon, a global leader in 3D imagery, is pleased to announce the addition of Barry Tilton, who will join Vricon Systems LLC as the Vice President of Engineering and CTO for U.S. Government Programs. Vricon’s mission is to build The Globe in 3D by producing photorealistic 3D products and digital elevation models with unmatched coverage and delivery timelines. Tilton will spearhead efforts to create new content and improve response times and product quality for Vricon’s customers.

Tilton brings a unique and extensive background in the Defense and Intelligence communities, having worked in remote sensing systems design and user support for a range of customers, to include the Air Force Space program, the National Geospatial-Intelligence Agency, the National Reconnaissance Office, the Office of the Director of Intelligence, and the Under Secretary of Defense for Intelligence. Tilton also has experience in international technical collaboration with Algeria, Australia, Canada, France, Germany, Mongolia, New Zealand, Russia, and the United Kingdom.

“We are pleased to welcome Barry to the Vricon family,” said Magnus Brege, Vricon CEO. “Barry’s broad customer experience – both domestic and international – will support Vricon’s efforts to integrate our 3D products into the fabric of our customer’s missions.” 

Monday 24 July 2017

QNB GROUP COMMENCES OPERATIONS IN INDIA

DOHA, Qatar, July 24 (Bernama-BUSINESS WIRE) -- QNB Group, the largest financial institution in the Middle East and Africa, has recently commenced operations in the city of Mumbai, the economic capital of the Republic of India.

The start of the Group’s operations in the Republic of India comes in support of its vision to become a leading bank in the Middle East, Africa, and Southeast Asia by 2020, in addition to establishing a foothold in highly competitive markets.

http://mrem.bernama.com/viewsm.php?idm=29638

Friday 21 July 2017

NRI SECURE LAUNCHES JAPAN'S FIRST "BLOCKCHAIN ASSESSMENT" SERVICE

- First Step Designed for Smart Contract Security -
 
TOKYO, July 21 (Bernama-BUSINESS WIRE) -- NRI SecureTechnologies, Ltd. (President: Jun Odashima; hereinafter NRI Secure), a leading provider of information security solutions in Japan, has begun providing Japan’s first-ever*1 “Blockchain Assessment,” a security Assessment service designed for systems and services which use blockchain technology*2.
 
As the blockchain technology has become more widespread, the presence of security-related vulnerabilities has also become increasingly apparent. In particular, with regard to smart contracts, *3 one of a constituent element of services using the blockchain, a cyberattack carried out on any vulnerable programs could lead to major threats or even to actual damage*4 by causing services to behave differently than originally intended.

http://mrem.bernama.com/viewsm.php?idm=29631

Thursday 20 July 2017

MYCC'S FIRST SPECIAL COMMITTEE MEETING ON COMPETITION FOR 2017

KUALA LUMPUR, July 20 (Bernama) -- The Special Committee on Competition gathered for the first meeting for 2017, led by the Malaysia Competition Commission (MyCC). This Special Committee on Competition was formed fundamentally to discuss related issues on competition law as well as to ensure there is consistency in the application of the law between sector regulators.

Apart from the MyCC, other members on the Special Committee are representatives from the sectoral regulators, namely the Malaysia Communications and Multimedia Commission (MCMC), the Energy Commission (EC), the National Water Services Commission (SPAN), the Land Public Transport Commission (SPAD), the Central Bank of Malaysia (BNM), the Securities Commission (SC) and the Malaysian Aviation Commission (MAVCOM).

BNM updated that Phase II of the Liberalisation of the Motor and Fire Tariffs have commenced on 1 July 2017. The pricing for Comprehensive motor cover and Third Party, fire theft cover will be determined by the insurance market and no longer guided by the tariffs. 

Meanwhile, SPAD informed that it continues to monitor the working environment especially at various airports in ensuring the quality of taxi services as well as
assessing the quantity sufficiency of taxis servicing passengers from airports.

SC informed the meeting that it launched a new “Malaysian Code of Corporate Governance” which is a set of corporate governance best practices for listed
companies in the country.

EC briefed that the Electricity Supply Act 1990 [Act 447] has been amended in 2015 and the amendments came into force on 1 January 2016. This amendment has not included any new provisions on competition and may be considered in the future. In addition, the Gas Supply Act 1993 [Act 501] has been amended in 2016 and the new amendments came into force on 16 January 2017. The amendments have incorporated a new chapter on competition into Act 501.

MAVCOM on the other hand has published mergers and acquisition notification thresholds which is currently accessible from its website. MAVCOM is also
participating in the Air Transport Agreement negotiation with the European Union (EU) as part of the delegation under the Ministry of Transport. 

SPAN in the meeting reported they are in the midst of amending the Water Services Industry Act and Suruhanjaya Perkhidmatan Air Negara Act. The amendments is targeted to be gazetted in October 2017.

In line with MyCC's continuous initiative towards enhancement of its enforcement, MyCC has also extended an invitation to the Intellectual Property Corporation of Malaysia (MyIPO) as a new member of the Special Committee on Competition. MyCC strongly believes in the significance of MyIPO participation with an aim to streamline the laws and policies relating to competition and intellectual property. MyCC hopes by providing a platform for discussion, there will be increased transparency and motivation for businesses to continue providing consumers with the best products and services in a competitive environment.

The MyCC was represented by its Chairman, Tuan Che Mohamad Zulkifly B. Jusoh and the other Commission Members namely YBhg. Dato’ Ahmad Hisham B. Kamaruddin, YBhg. Dato’ Jagjit Singh A/L Bant Singh, YBhg. Datin Seri Ruzaina Bt. Wan Haniff and YBrs. Dr. Zakariah B. Abdul Rashid together with YBhg. Dato’ Abu Samah B. Shabudin, MyCC’s Chief Executive Officer.

About Malaysia Competition Commission (MyCC)

Established in June 2011, MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which would in turn stimulate productivity and innovation, thus creating wider choices of products for consumers with better quality at reasonable prices. The Act applies to all commercial activities undertaken within and outside Malaysia that affect competition in the Malaysian market. It provides a regulatory framework including powers to investigate, adjudicate and impose penalties on the perpetrators of anticompetitive practices/ conduct under the competition laws. For more information on the Act and the MyCC’s activities, log on to www.mycc.gov.my.

SOURCE : Malaysia Competition Commission (MyCC)

FOR MORE INFORMATION, PLEASE CONTACT:
Corporate Affairs Division
Malaysia Competition Commission
Tel : +603 2273 2277

--BERNAMA 

EEC INTRODUCES WORLD'S FIRST 4-IN-1 PHOTOVOLTAIC (PV) MODULE SAFETY ANALYZER: FOUR-IN-ONE SOLUTION TO SOLARIZE POWER OPTIMIZATION

TAIPEI, Taiwan, July 19 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) today announces the worldwide release of the EPV-500 series, the world’s first four-in-one photovoltaic (PV) module safety analyzer. The EPV-500 offers a complete one-step automatic testing solution to perform DC withstand, DC ground bond, insulation resistance, and potential induced degradation(PID) together in a single unit, delivering superior efficiency, performance, and reliability for testing PV panels in both laboratories and manufacturing environments.

“With growing demand on greener energy, PV manufactures are always looking for one machine that can perform multiple testing functions on solar panels, and now EEC introduces the world’s first four-in-one PV safety analyzer to optimize operational efficiencies,” said EEC General Manager Brian Chen. “We strive to give our customers the best solarized solutions as well as outstanding features that meet all the latest PV standards and regulations.”

Performance, Safety and Expandability

Keeping pace with the current market trend in solar panel system voltage arrays that deliver up to 1,500 Vdc, the EPV-500 series can perform Hipot tests outputting at 8,000 Vdc to meet the required safety regulations for large voltage arrays. Designed with maximum negative 2,000 Vdc output voltage meeting the PID testing regulation, and further ensures user’s safety when only leaving the power terminal electrically charged.

The EPV-500 series provides multiple connection interfaces for expandability and compatibility with existing systems, including PLC, USB, RS-232, GPIB, and Ethernet, allowing remote management of operations via a central computer.

JENNIFER POWERS TO JOIN GLOBAL INFRASTRUCTURE PARTNERS AS A PARTNER AND CHAIR OF GIP'S CREDIT BUSINESS

New York, July 20 (Bernama-GLOBE NEWSWIRE) -- Global Infrastructure Partners (GIP), the leading, independent global infrastructure investment firm, announced today that Jennifer Powers will join GIP in September as a Partner and Chair of GIP's Credit Business. Ms. Powers will work closely with GIP Partner Jon Bram and GIP CAPS Fund Managing Partners Reiner Boehning and Steve Cheng to build out and expand GIP's Credit Business into a market leader in providing financing for infrastructure assets and projects.

Ms. Powers joins GIP from Mizuho Bank where she was co-head of Investment Grade Debt Capital Markets. Prior to Mizuho, she was a founding member of the Royal Bank of Scotland's Credit Markets Business. Ms. Powers also spent 12 years in the energy investment banking and capital markets departments of Credit Suisse.

http://mrem.bernama.com/viewsm.php?idm=29621

SOLARWINDS AND SOVLABS EMPOWER IT PROFESSIONALS TO FULLY AUTOMATE IP ADDRESS MANAGEMENT IN VIRTUAL AND CLOUD ENVIRONMENTS

SovLabs leverages enhanced SolarWinds API to deliver feature-rich integration between VMware’s vRealize Automation and SolarWinds IP Address Manager

SINGAPORE, July 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced the latest edition of SolarWinds® IP Address Manager (IPAM), which now includes API support to provide two-way integration with third-party software. In conjunction with this news, SovLabs, a leading provider of integration software for cloud management platforms, announced its SovLabs® vRA Integration Pack for SolarWinds, consisting of IPAM and DNS integration modules for VMware® vRealize® Automation based on the new API.

http://mrem.bernama.com/viewsm.php?idm=29618

Wednesday 19 July 2017

WEBEMOBILE OFFERS FREE 10GB LTE HOTSPOTS TO NEW AND EXISTING MEMBERS

KUALA LUMPUR, July 19 (Bernama) -- webe, Telekom Malaysia Bhd’s digital mobility services centre of excellence and one of Malaysia’s most exciting digital lifestyle and telecommunications companies, is giving out 10GB LTE Hotspot to all existing webe mobile and webe mobile SME members. New members can also enjoy this offer if they join before 1st October 2017. 
The 10GB LTE Hotspot pass will be renewed every month till December 2017. Additionally, to fully enjoy the LTE hotspot experience, ensure the LTE settings on your mobile is turned on. 
For more information, do checkout the blogpost here or visit webe.com.my for information on all the qualifying products and services available.

SOURCE : Arcis Communication

FOR MORE INFORMATION, PLEASE CONTACT: 
Name : Adam
Tel :  016 210 5412
Email : adam@arciscommuncations.com

Name : Aditi
Tel : 011 2412 0807
Email : aditi@arciscommunications.com 

--BERNAMA

The invest.com Group Announces Token Generation Event for Stox, A New Prediction Market Platform

The Bancor-Based Platform Will Allow Anyone to Predict Events Using the Wisdom of the Crowd
 
TEL AVIV, Israel, July 19 (BUSINESS WIRE)-- Continuing its quest to democratize investing for all, The invest.com Group is today announcing an upcoming token generation event for Stox, a new prediction-based trading platform.
 
invest.com was founded in 2014, employs a team of 200 across five countries, has 3M registered clients, and generated $50M in annual revenue for 2016.
 
Stox will be issued as a smart token using the Bancor protocol, which the team has evaluated to be the best blockchain based liquidity solution.
 
STX will hold BNT in its reserve which would guarantee continuous and high liquidity, enabling anyone to purchase STX directly through the smart token with Ether, as well as liquidate STX back to Ether — notably, with low slippage and no spread.
 
“We are excited to collaborate with Stox and support their effort to become a pioneer member in the Bancor network. We believe that the guaranteed liquidity and the stability of STX will benefit token holders, the Stox project at large and provide a strong case study for the Bancor protocol,” said Eyal Hertzog, Chief of Product, Bancor.
 
This token generation event will allow Stox to develop a prediction market trading platform that allows STX holders to use crowdsourced information and their own predictions to forecast the outcome of any event, across a wide range of categories. Smart contracts will manage the reconciliation based on the probability of outcomes, crowd sizes participating in the prediction events, as well as initial pledges.
 
Among its features, the blockchain-based platform will be fluid, meaning, prediction patterns and assessments will change upon daily occurring events. Users will also be able to create prediction polls, allowing them to take positions on specific events at any time. Entry prices, for example, for any specific poll, will be able to change and fluctuate based on the predicted values.
 
“Stox is a transformative step in our journey, as it allows us to combine the power of blockchain with the array of infrastructure, technical, sales and marketing assets that are currently powering invest.com,” said Ophir Gertner, Founder of The invest.com Group.
 
For further information and the official Stox whitepaper, go to: http://www.stox.com
 
About invest.com:
 
Founded in 2014, invest.com is an online financial service provider that combines financial expertise with groundbreaking technology to make smart investing simple and affordable for both novice and professional traders alike. Regulated by the Cyprus Securities and Exchange Commission, the company currently employs over 200 employees across 5 countries. Learn more at: www.invest.com
 
Contacts
Blonde 2.0 for invest.com
Molly Winik, +972 58-4433219
molly@blonde20.com

Source: The invest.com Group