Friday 31 May 2019

CvE performance agency expands into APAC with new vice-president

KUALA LUMPUR, May 23 (Bernama) -- Control vs Exposed (CvE), a new performance agency that combines the best features of consultancies, media agencies and technology companies, has expanded into the Asia-Pacific (APAC) region.

In line with that, the agency has appointed Justin Orkin as its new vice-president of global business strategy to head the company’s operations in the region.

Orkin is operating out of Singapore’s main media hub at 22 Cross Street.

He will report directly to CvE executive vice-president of global business strategy, Brody O’Harran who is based in Seattle, Washington.

Working for companies such as Verizon, AOL and Yahoo, Orkin has partnered with global CMOs in both the United States and APAC, and helped bridge both gaps in terms of strategic revenue growth.

“The APAC market is ripe for opportunity in advertising, and my expertise will allow us to further educate our clients on the importance of efficient performance solutions,” said Orkin.

CvE’s services include full-service digital media, programmatic in-housing, consulting and implementation, and audit and analytics.

The company offers marketers full transparency for a fee, data and performance perspective. More details at https://controlvexposed.com/

-- BERNAMA

Mary Kay CEO ranked one of world's top 10

KUALA LUMPUR, May 23 (Bernama) -- Mary Kay Inc Chairman and Chief Executive Officer (CEO), David Holl has been listed one of the top 10 most reputable chief executives in the world, according to the Reputation Institute’s CEO RepTrak 2019.



In a statement, the global beauty brand said the study was conducted last January and February, by the institute.

The institute is the world’s leading provider of reputation measurement, having measured the reputation of more than 140 global CEOs and canvassed more than 230,000 individual ratings from among the informed public.

“Holl’s leadership and operational expertise since being named CEO in 2006 has contributed significantly to Mary Kay’s success,” said son of Mary Kay Ash, co-founder and executive chairman of the board, Richard R. Rogers.

“Mary Kay is a brand born of purpose, and his steadfast commitment to our founding values has made him a truly extraordinary chief executive officer and people leader.”

According to Reputation Institute CEO, Kylie Wright-Ford, acting responsibly, behaving ethically and caring about social issues are the most important drivers of CEO reputation.

In fact, according to the institute’s findings, CEOs are more likely to be judged on ethics versus profit margins.

Recently, Forbes added Mary Kay to its lists of America’s Best Employers for Diversity and America’s Best Midsize Employers.

-- BERNAMA

WINGS CAPITAL PARTNERS ANNOUNCES ADDITIONAL EQUITY COMMITMENTS

NEWPORT BEACH, Calif., May 31 (Bernama-BUSINESS WIRE) -- Wings Capital Partners (“Wings”) is pleased to announce that its current shareholders, Corrum Capital and Sightway Capital, have increased their equity commitments to Wings. The additional support from our shareholders positions the company well for the future and provides us with additional resources to execute our business plan and capital to pursue attractive aircraft acquisitions.

“Our strong partnership with our shareholders reflects the continued long-term commitment Sightway and Corrum have to Wings and the customers we serve,” said R Stephen Hannahs, Managing Director and CEO of Wings.

In addition, Wings announced that the company has launched a new operating entity in Singapore, headed by Stephen Lynch, Managing Director of Wings Capital Partners Singapore PTE. LTD. and Vice President, Marketing. Mr. Lynch is responsible for managing airline relationships across the Asia Pacific Region with a particular focus on increasing the company’s commercial jet aircraft on lease to Asian airlines. Prior to joining Wings, Stephen worked in a variety of roles within the aircraft leasing and finance sectors with GECAS, Engine Lease Finance Corporation, and Intrepid Aviation.

Further, the company announced several executive promotions, including
  • John Hoopes has been promoted to Head of Technical Services. John has been an effective manager and contributor in directing the technical oversight of the company.
  • Gerry Burke has been promoted to Vice President, Marketing – Wings Capital Partners Aviation Ireland Limited. Gerry has made significant contributions to the success of the company during his tenure at Wings.

At press time, Wings Capital Partners’ owned, managed, and committed portfolio was $1.5 billion with 48 aircraft.

About Wings Capital Partners

Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world. Led by best in class management team with significant aviation leasing experience (30 years average for senior team) and long-standing airline, lessor, banking, investor and legal relationships.

Wings is owned by active investors, Sightway Capital, a Two Sigma Company, Corrum Capital Management and the Wings Management Team.

Wings Capital Partners Aviation Ireland Limited was established in 2017 in Dublin, Ireland.

For more information, please visit wingscap.com

About Corrum Capital Management

Corrum Capital Management LLC is an independent, private investment firm that takes an active and asset-level approach to cashflow-oriented investing. In addition to commercial aviation leasing, Corrum Capital currently has active investments in railcar leasing, and asset- and collateral-backed lending, including lending to the sports and entertainment industries, real estate lending, and trade and receivables finance.

For more information, please visit corrumcapital.com

About Sightway Capital

Sightway Capital is the private equity arm of Two Sigma. Two Sigma began forming a private capital group in 2008 to provide diversifying sources of return for its proprietary capital. In January 2018, Two Sigma launched Sightway Capital, building on and expanding these established private investment capabilities and continuing its differentiated investment approach. Sightway Capital focuses on building companies in asset-intensive and data rich industries, growing those companies significantly in size and scale in partnership with experienced management teams and strategic partners and harnessing Two Sigma’s expertise in data science and technology as well as the firm’s significant relationships to enhance outcomes for our companies.

For more information, please visit sightwaycapital.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20190530005242/en/

Contact

Cathy Egan
Wings Capital Partners
Email: cme@wingscap.com

Source : Wings Capital Partners
 
--BERNAMA

Thursday 30 May 2019

EFINIX® AND M31 TECHNOLOGY CORPORATION PARTNER TO ADDRESS DEMAND FOR EMERGING AI EDGE COMPUTING REQUIREMENTS

SANTA CLARA, Calif. and HSINCHU, Taiwan, May 30 (Bernama-GLOBE NEWSWIRE) -- Efinix®, an innovator in programmable product platforms and technologies, and M31 Technology Corporation (Taiwan stock code: 6643), a global silicon Intellectual Property (IP) boutique, today announced a technology partnership to address demand for emerging AI edge computing requirements.
 
As part of the partnership, M31’s MIPI D-PHY RX and TX IP has been integrated successfully into Efinix’s Trion® FPGA platform. The integration provides multiple sets of unidirectional links – up to six Gbps per link – delivering a high-bandwidth interface for an array of next-generation, AI-driven FPGA markets such as HMI and displays, time lapse cameras, automotive, surveillance cameras, machine vision, medical, and infrared cameras.
 
“The result of partnering two emerging technology leaders, Efinix and M31, is the first FPGA family featuring a MIPI D-PHY with a built-in, royalty-free CSI-2 controller, which is the most popular camera interface used in the mobile industry,” said Ming Ng, Efinix’s SVP of operations and application. “Thanks to our technology integration, our customers have more usable logic elements for video, camera, and sensor innovations.”
 
“Like the MIPI D-PHY RX and TX, all of M31’s IP (such as USB1.1 to USB3.2, PCIe G2 to G3, as well as MIPI M-PHY) are interface IP cores that are silicon-proven at various foundries and process nodes,” said Allen Sha, president of M31 USA. “We are very happy to have Efinix adopting M31 IP in their FPGA solutions for mobile camera applications.”
 
AI applications at the edge demand high performance, low power, and an easy out-of-the-box experience. Trion FPGAs with MIPI offer flexibility, low power, small form factor, and low cost without compromising performance. With multiple MIPI TX and RX channels, Trion FPGAs can become the hub of a system with multiple cameras and sensors. With the built-in, hard CSI-2 controller, AI designers can use all of the FPGA resources for designing.
 
Today’s announced integrated product is already being used in a customer application featuring a vision sensor camera with capabilities such as 3D, depth detection, HDR, 180 degree, and surround view.
 
Design Automation Conference
Next week, Efinix will showcase its disruptive FPGA platforms at the Design Automation Conference (DAC) held in Las Vegas June 2nd-6th. To learn more about Efinix’s participation at DAC, visit: https://www.efinixinc.com/dac2019.
 
About Efinix
Efinix, an innovator in programmable products, drives the future of edge AI computing with its Trion® FPGA platform. At the Trion FPGA’s core is Efinix’s disruptive Quantum™ FPGA technology which delivers a 4X Power-Performance-Area advantage over traditional FPGA technologies. Trion FPGAs, offering 4K to 200K logic elements, have a small form-factor, low power, and are priced for high-volume production. Our Efinity® Integrated Development Environment provides a complete FPGA design suite from RTL to bitstream. With their Power-Performance-Area advantage, Trion FPGAs address applications such as custom logic, compute acceleration, machine learning and deep learning. Through Efinity, our customers can seamlessly migrate FPGA or full system into Quantum ASIC for ultra-high-volume production.
 
For more information, visit http://www.efinixinc.com.
 
About M31 Technology Corporation
M31 Technology Corporation is a professional silicon intellectual property (IP) provider. The company was founded in October 2011 with its headquarters in Hsinchu, Taiwan. M31’s strength is in R&D and customer service. With substantial experiences in IP development, IC design and electronic design automation fields, M31 focuses on providing high-speed interface IP, memory compilers, standard cell library and ESD/IO library solutions. For more information, please visit www.m31tech.com.
 
Contact:
Steve Stratz
Relevanz Public Relations for Efinix
206.300.9134
steve@relevanzpr.com
 
Source: Efinix, Inc.

--BERNAMA

Live fire: Milrem Robotics, ST Engineering demonstrate BVLOS combat UGV

KUALA LUMPUR, May 29 (Bernama) -- Milrem Robotics and ST Engineering have demonstrated a beyond visual line of sight (BVLOS) combat unmanned ground vehicles (UGVs) during a live fire exercise held in Tapa, Estonia.

The joint warfare system consists of the THeMIS UGV and the ADDER DM Remote Weapon Station and is intended as a force multiplier for dismounted troops in urban and rural areas.

Milrem Robotics, Defence Programs Department director, Jüri Pajuste said the joint combat UGV was one of the world’s first armoured UGVs, especially well suited for urban conflict areas.

The UGV is also configured for wireless BVLOS control from a distance of 1,000m and 2,500m in urban and rural areas, respectively.

It is a tracked all-terrain system with ground clearance of up to 60cm that can negotiate 60 per cent slopes and pass 61cm-deep water obstacles.

Its top speed is 20km per hour, powered by a diesel-electric drive that depends on the mission which can offer 15 hours of constant operations without refuelling.

The combat UGV can be armoured up to STANAG 4569 level three while keeping all of its dynamic capabilities mentioned above.

Watch the combat UGV capabilities at https://youtu.be/2j2Sbn7Pvts

-- BERNAMA

Wednesday 29 May 2019

India´s non-life insurance market outlook remains negative - AM Best

KUALA LUMPUR, May 29 (Bernama) -- AM Best, a global rating agency and information provider focusing on the insurance industry has maintained negative market segment outlook on India’s non-life insurance market.
This is due to continued reliance on realised and unrealised investment gains to offset technical losses; potential short-term disruption from regulatory enhancements; and persistently competitive and underperforming core business lines of motor and agriculture.

In the new Best’s Market Segment Report, ‘Market Segment Outlook: India Non-Life Insurance’, insurers have been one of the main beneficiaries of the country’s fast-growing economy, and the industry has seen a substantial increase in insurable risks.
Although insurers have strengthened reserves in recent years, concerns on the prudency and potential for tail development remain, given that some claims may get caught up in India’s slow-moving court system.
Unfavourable reserve adjustments have the potential to significantly impact current performance and capital even more so, given the lack of profitability in many other lines, according to a statement.
Despite the negative outlook, AM Best recognised that some non-life insurers still may experience growth. The profitability and capital strength of companies that demonstrate sound risk management practices and disciplined underwriting are likely to improve steadily.
For more information, contact http://www.ambest.com.

-- BERNAMA

Hoxworth Blood Center, Biolog-id jointly manage blood products in Cincinnati

KUALA LUMPUR, May 29 (Bernama) -- Blood bond. The Hoxworth Blood Center, a public institution belonging to the University of Cincinnati and Biolog-id have signed a partnership contract to manage blood products in Cincinnati, Ohio.
The blood centre has implemented the Biolog Transfusion®, an RFID Blood Supply Management solution in order to better track the flow of platelet concentrates and red blood cell concentrates.

The Biolog-id solution was first implemented in 2018 to focus on the distribution and inventory management of Platelet Concentrates between the centre and four nearby hospitals.
This year, it is also covering the Phenotyped Red Blood Cell Concentrates managed by the blood centre’s Immunohematology Reference Laboratory.
The laboratory provides testing and consultation to assist hospitals in solving patients’ red blood cell serological problems.
The implementation of the Biolog-Transfusion® in the Hoxworth Blood Center ensures the availability of platelet concentrates and their on-time delivery while reducing the risk of wastage.
“As of today, we are satisfied with the Biolog-id solution for platelets, as well as their professional and committing team,” said blood centre director, Jose A. Cancelas.
Extension on the overall blood product production and supply is under consideration by the Hoxworth Blood Center.
-- BERNAMA

AIRFREE ANNOUNCES A €2.3 MILLION FUNDRAISING CLOSING AND PLANS A COMMERCIAL LAUNCH AT THE END OF 2019

PARIS, May 29 (Bernama-BUSINESS WIRE) -- airfree, the French startup that created the first inflight duty-free product marketplace, received support from its first round business angels, Shiseido, and the Starburst accelerator, for a total amount of €2.3 million. airfree has just taken a new step towards marketing its solution to airlines companies, with the validation of a technical Proof of Concept, in partnership with Singapore Airlines' Krislab program.

airfree has developed an e/m-commerce platform, which deeply transforms the experience of selling products inflight thanks to digital technology. By making airport’s product & services available up in the air, the global offer is dedicated to boost the sales of airport duty-free retailers, increase airline revenues with an end-to-end solution by reducing satellite connectivity related costs, with a simple and optimized user experience for passengers.
 
  • For airlines companies, airfree is an all-in-one solution (white label) that will allow their investments in connectivity equipment to be profitable, as well as offering a premium service to the passengers: a digital catalog more than 10,000 references.
  • Duty-free retailers receive additional revenue from a targeted and qualified audience for an extended period of time (during the whole flight).
  • Passengers enjoy a premium experience during flight time that gives access to all available products in duty-free shops, in transit or at the airport of arrival, on a click & collect model.

    This fundraising is a new step in our development: we plan to drive a pilot in real condition and accelerate our commercial launch at the end of 2019, explains Etienne de Verdelhan, co-founder & CEO of airfree. We are proud to welcome Shiseido, a key player in travel retail innovation, Starburst, which welcomed us in their acceleration program since the end of 2018, and our business angels, who have renewed their confidence since 2017”.
 
Towards commercial launch
During the first half of 2019, airfree was selected to participate in the Singapore Airlines' Accelerator Program - a selective program (only 5 startups chosen) dedicated to new solutions that digitalise Singapore Airlines's business operations. In partnership with Inflight Connectivity Suppliers, airfree conducted technical tests (POC) which showed that the airfree platform uses on average 50 times less satellite bandwidth than with a traditional e-commerce website. This performance is made possible by downloading data before takeoff, and thus using a limited online connection onboard (during the checkout process). For airlines, it means controlled bandwidth costs, and for passengers a premium experience with a quality connection & fast browsing.

About airfree, Marketplace of the Sky :
Created in 2016 by three co-founders specialized respectively in duty-free commerce, technology, digital and e-commerce. The team now consists of about ten people, including a team of developers. Their goal is to become the world's leading airline marketplace. www.airfree.aero

View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005128/en/

Contact

Contact média:
Marine Le Liepvre
marinel@oxygen-rp.com
0667967939

Source : airfree
 
--BERNAMA

KEIO PLAZA HOTEL TOKYO INTRODUCES THE 400 YEARS HISTORY OF JAPAN'S TRADITIONAL ART

The 39th Arita and Imari Porcelain Exhibition – The Old and the New in Harmony
 
TOKYO, May 29 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo (KPH), one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, will host “the 39th Arita and Imari Porcelain Exhibition – The Old and the New in Harmony” from July 1 to August 5, 2019, introducing to guests the Arita and Imari porcelain, the first ceramics made in the southern island of Kyushu, Japan. “Ko-Imari” (or old-Imari) porcelain which became popular art items amongst European aristocrats during the 17th century Edo Period and beautiful porcelain items made by the renowned pottery makers that have evolved over the 400 years history of the art will be on display. Also, eight renowned and modern porcelain makers from the Arita and Imari regions of Saga Prefecture in Kyushu will display their products and be available for sale. In addition, seven of our restaurants will serve specially prepared foods using Arita and Imari porcelain. Many guests can purchase porcelain products after dining at our restaurants and actually seeing and feeling them.
 
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190528005122/en/
 
Space producer and Japan Party Planner Association Chairman Yoko Maruyama and her associates will create special coordinated table settings using porcelain dishes to demonstrate how to beautifully integrate porcelain into daily lifestyles for the enjoyment of exhibition participants.
 
This year marks the 39th time that this fair has been held, and is a reflection of the strong interest in Arita and Imari porcelain products. This exhibition is also designed to provide our international guests, who account for over 75% of total guests, with an opportunity to experience the beauty of Japan’s traditional Arita and Imari porcelain products.
 
Archive of Press Release
 
About the Keio Plaza Hotel

Keio Plaza Hotel Tokyo (KPH), located in Shinjuku at the very heart of the nation’s capital Tokyo, is one of Japan’s leading international hotels. Our hotel boasts of over 15 restaurants and bars, and we host a wide range of local and international guests who visit us for our welcoming facilities, warm hospitality and unique services that allow them to experience Japanese culture, including our wedding kimono experiencetea ceremony and many others. For more information about our facilities and services, please visit our websiteYouTubeFacebook or Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005122/en/
 
Contact
 
Keio Plaza Hotel Tokyo
Keiko Kawashima, +81-3-5322-8010
Public Relations Manager
keiko-kawashima@keioplaza.co.jp
 
Source : Keio Plaza Hotel Tokyo
 
--BERNAMA

Tuesday 28 May 2019

MANDARIN ON-THE-GO IN TAIWAN: LEARN A NEW LANGUAGE WHILE TRAVELING ABROAD

TAIPEI, Taiwan, May 28 (Bernama-BUSINESS WIRE) -- The Mandarin Chinese-language centers of Taiwan’s universities are working together with the tourism industry to offer innovative tours that combine local cultural adventures with language learning, in which visitors will enjoy a trip to Taiwan that’s more than just sightseeing. Here are some examples:

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190527005122/en/
 
Northern Taiwan
  • Tamkang University offers a culinary tour. Participants shop for ingredients in a traditional market and participate in a cooking session, all guided by a professional language instructor. From exploring the real local living environment to enjoying popular snacks at night markets, visitors will sample the genuine tastes of New Taipei City’s famed Danshui District!
  • Chung Yuan Christian University offers four quite different tours. One is for people who love visiting historical sites; one explores the aesthetics of modern and historical buildings; one introduces the culture of indigenous groups; and another features classic cultural activities, such as dragon-boat rowing. From natural and humanistic scenery to distinctive region-specific events, there is something to enjoy for everyone who visits Taoyuan City.
Southern and Central Taiwan
  • Feng Chia University combines language learning with themed cultural tours to local attractions such as the Feng Chia Night Market. Instructors begin by teaching basic phrases related to destinations on the itinerary, which visitors can then put to practical use in real-life settings throughout their tour of Taichung City.
  • Wenzao Ursuline University of Languages pairs language learning with delectable Taiwanese cuisine. Tranquil trips to Fo Guang Shan encompass Buddhist heritage, architectural landmarks, and vegetarian food, while Hakka-themed tours feature culinary workshops, Hakka cultural sites, and natural wetlands. Moreover, as an ocean nation, Taiwan has an abundance of seafood. This is truly a Kaohsiung experience tailor-made for food lovers!

For those who are interested in an immersive experience of Taiwan that will impart lifelong memories, why not try our cultural tours that are immensely more satisfying than standard sightseeing packages — all while learning to speak a language that is used by 1.2 billion people around the globe.

Log onto https://ogme.edu.tw/ and book a tour today!

View source version on businesswire.com: https://www.businesswire.com/news/home/20190527005122/en/

Contact

OGME (Office of Global Mandarin Education)
Kuo-Ning Chi, +886-2-2391-1368 ext.1360
c1360@csd.org.tw

Source : Office of Global Mandarin Education
 
--BERNAMA

CHINA INTERNATIONAL BIG DATA INDUSTRY EXPO 2019 OPENS IN GUIYANG

AsiaNet 78922

GUIYANG, China, May 27, 2019 /Xinhua-AsiaNet/--


The China International Big Data Industry Expo 2019 kicked off on May 26 in Guiyang, the capital city of southwest China's Guizhou Province, a bellwether occasion to learn about the latest developments of the global big data sector.

It was the fifth consecutive year that Guiyang, also known as "China's Big Data Valley", held the event. Since 2015, the expo has become a highlight of the province.

China attaches great importance to the development of the big data industry, and is willing to share opportunities of the digital economy's development with other countries and jointly explore new growth drivers and development paths by exploring new technologies, new business forms and new models, Chinese President Xi Jinping said in a congratulatory letter to the expo.

As the world's first national-level expo on big data, the event set its theme at "Data creates value, innovation drives the future" this year and featured speeches from global heavyweights including Nobel Prize winner in economics Paul Romer and Turing Award winner Whitfield Diffie. The expo is increasingly global thanks to its strategic height.

Latest data showed that compared with last year, the number of participating countries increased from 29 to 59, while the number of participating companies from the Fortune 500 grew from 15 to 39. Meanwhile, the number of exhibitors rose from 388 to 448, among which the number of foreign exhibitors surged from 56 to 156. The number and level of guests were the highest ever.

Sun Zhigang, secretary of the provincial Communist Party of China committee of Guizhou Province and director of the Standing Committee of the Provincial People's Congress, said that the expo has become an international event rich in cooperation opportunities and leading the development of the industry. It has become a world-class platform for sharing development plans and the latest achievements, Sun said.

Lasting for four days, the expo will end on May 29.

Source: The Organizing Committee of China International Big Data Industry Expo

Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=337027

--BERNAMA

​AKWEL RECOGNISED BY JAGUAR LAND ROVER AND GENERAL MOTORS

FRANCE, May 24 (Bernama-GLOBE NEWSWIRE) -- On Tuesday 14th May 2019, AKWEL received a “Silver Award” from Jaguar Land Rover during its annual Supplier Excellence Awards ceremony held in Coventry (UK). Only 15 suppliers out of 3500 around the world were recognised for their extraordinary contribution to Jaguar Land Rover’s business, cost transformation and operational delivery over the course of the last year. Ian Harnett, Jaguar Land Rover Director of Global Purchasing, commented: “This year, we have faced unprecedented challenges across our business. Despite this, we have continued to produce more desirable, more refined and better quality cars than ever before. We could not achieve this without the suppliers that underpin our business. Our annual Supplier Excellence Awards are an opportunity for us to celebrate the suppliers and the people who collectively have worked hard and diligently these past 12 months.

The same week, AKWEL was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held Wednesday, May 15 in Detroit (USA). During the event, GM recognized its best suppliers from 15 countries that have consistently exceeded GM’s expectations. “We hold our suppliers to a high bar,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “They went above and beyond to deliver the innovations and quality that will help us earn customers for life.

http://mrem.bernama.com/viewsm.php?idm=34620

Monday 27 May 2019

AM Best´s report expects captive domicile growth in Asia-Pacific

KUALA LUMPUR, May 17 (Bernama) -- AM Best in its new report expects to see significant growth of captive formations in Asia-Pacific (APAC) domiciles as economies grow and businesses seek new and more sophisticated ways of risk management and control.

In the Best’s Market Segment Report, ‘Asia-Pacific Captive Domiciles Poised for Growth’, AM Best looked at the state of APAC captive domiciles and reported that captive insurer growth to date had remained relatively slow, mainly due to the persistently competitive insurance market.

With abundant capacity available at cheaper costs, the benefits of establishing a captive may not seem particularly attractive. A lack of knowledge and understanding of captive insurance also pervades the APAC region.

However, businesses have expanded their use of captive insurance past providing cover for traditional property and liability risks into non-traditional classes of risk, such as cyber and trade credit.

The report stated that as Asia’s economies rose in prominence, fuelled by the growth of small and medium-sized enterprises, captive domiciles in APAC would thrive.

Singapore, Labuan and the Federated States of Micronesia stand out as established captive domiciles while China and Hong Kong, emerging as regulators have been keen to develop captive insurance in their jurisdictions.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. For more information, contact www.ambest.com.

-- BERNAMA

THAI WAH PUBLIC COMPANY LIMITED ACQUIRED 33.3% SHARES IN TAPIOCA DEVELOPMENT CORPORATION LIMITED FROM JAPAN CORN STARCH, TOKYO JAPAN

TOKYO, May 23 (Bernama-BUSINESS WIRE) -- Thai Wah Public Company Limited (“TWPC”), a listed company in Thailand, informed Japan Corn Starch (“JCS”) of its intention to acquire JCS’s 33.3% shares in Tapioca Development Corporation Limited (“TDC”) in order to potentially relocate the factory located in Pattaya Beach, Thailand, based on the expiration of the original lease agreement entered into thirty years ago. TWPC strongly requested JCS to transfer all of JCS stake in TDC for the smooth restructuring of TDC due to the expiration of the lease agreement. JCS understood TDC’s business strategy and its necessity to perform its obligation set forth in the lease agreement with its land owner for the lease of the land where the TDC’s factory has operated for thirty years. Therefore, JCS decided to agree to transfer all of its shares in TDC.

Given the foregoing background, effective as of April 24, 2019, JCS completed the transfer of all of its shares (33.33%) in TDC to Thai Wah Bio Power Limited (“TWBP”) which is a subsidiary company of TWPC. TDC is a manufacturer and distributor of modified starch in Thailand, and it was anticipated that the lease agreement with the land owner of the site of the factory in Pattaya Beach Thailand would not be renewed.

Since 1989, JCS has been an equal partner with TWPC and a US/European Company and has owned a 33.33% shareholder of TDC. After the transfer, JCS will continue to maintain its tapioca business through its own network nurtured in Thailand and other countries in the South East Asia and expand its starch business including distribution of highly sophisticated modified starch products in order to replace its current Thai business through TDC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190522005278/en/

Contact

[For press inquiries]
Person in Charge
Tomohiko Sato
Public Relations Department
Japan Corn Starch Co., Ltd.
TEL: +81-3-5570-7000/FAX: +81-3-5570-7001
Email: soumu@japan-cornstarch.com

Source : Japan Corn Starch Co., Ltd.

--BERNAMA

Teledyne DALSA charge-domain CMOS TDI camera currently in production

KUALA LUMPUR, May 15 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced that its newest charge-domain CMOS TDI camera, the Linea HS, is in volume production.




“Multi-array TDI technology provides cutting-edge performance for today’s demanding vision applications. Various selectable stage combinations of both arrays enable best imaging results to meet different application requirements,” said senior product manager, Xing-Fei He.

The 16k camera offers 300 kHz line rate or 5 GPix/sec data throughput for high-performance imaging applications such as flat panel display, PCB and wafer inspection, gene sequencing, digital pathology and web inspection.

The key features include mono/HDR imaging with single or dual outputs; low noise and high sensitivity; active pixel assisted alignment; camera Link HS fibre optic interface for high reliability and long cable data transmission and lower system costs.

Teledyne DALSA is a part of the Teledyne Imaging group and leader in the design, manufacture and deployment of digital imaging components for machine vision. For more information, contact http://www.teledynedalsa.com/en/home.

-- BERNAMA

​TOSHIBA STARTS SHIPMENT OF UL 508 CERTIFIED PHOTORELAYS FOR INDUSTRIAL CONTROL EQUIPMENT

TOKYO, May 23 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has obtained US safety standard UL 508 certification for the following nine photorelay products: DIP4 package series “TLP3556A,” “TLP3558A” and “TLP241A;” and DIP6 package series “TLP3543A,” “TLP3545A” and “TLP3546A;” and DIP8 package series “TLP3547,” “TLP3548” and “TLP3549.”

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190521005403/en/

These certified photorelays, all commercially available, can be used in industrial control equipment that requires UL 508 certification, suiting them for use in a wider range of equipment marketed worldwide. These photorelays are also NRNT[1] certified.
The UL 508 standard includes stringent standards for parts. Solid state relays (SSR) are one such category of parts, and the resin temperature within an SSR is restricted to 105 ºC (upper limit) [2]. SSRs can be operated at temperatures up to the upper limit.
By using Toshiba UL certified products, users can manufacture control equipment compliant with the UL standard and maintain the thermal design margin required for SSRs.

Sunday 26 May 2019

MENICON ANNOUNCES LAUNCH OF MENICON BLOOM MYOPIA CONTROL MANAGEMENT SYSTEM

NAGOYA, Japan, May 24, 2019 /Kyodo JBN- AsiaNet/ --

- Launch Features Initial Introduction of Menicon Bloom Night, First and Only CE-approved Orthokeratology Contact Lens in Europe for Myopia Control -

Menicon Co., Ltd. announced on May 24 the launch of the Menicon Bloom Myopia Control Management System, a holistic approach for myopia control management. The launch features the initial introduction of Menicon Bloom Night, an orthokeratology contact lens therapy for myopia control management.

(Logo: https://kyodonewsprwire.jp/img/201905216625-O1-4k0Q106r)

Myopia, also known as near- or short-sightedness, is the most common refractive error and the major cause of vision impairment worldwide. It affects approximately 30% of the world's population and its prevalence has been forecast to affect about 50% of the world's population by 2050. The prevalence of myopia in young adolescents has been increasing in recent decades to about 30% in industrialized societies of the West and epidemic levels of over 90% in some parts of Far East Asia. Globally, it is recognized as a significant public health concern associated with increased ocular-related morbidity and considerable healthcare costs.

Menicon Bloom Night therapy involves the overnight wear of a specially designed reverse geometry orthokeratology contact lens, manufactured in hyper oxygen-permeable Menicon Z rigid material that ensures optimal corneal oxygenation for comfortable and safe contact lens wear. The treatment temporarily changes the shape of the cornea, which results in reduction of refractive error, thus eliminating the need to wear contact lenses throughout the waking hours after lenses are removed. The new corneal shape provides a particular optical path for incoming light that counters the ocular growth response associated with myopia development. Through this mechanism, Menicon Bloom Night is indicated for the correction of refractive myopia and for control of myopia when prescribed and managed by a qualified eye care professional.

Menicon Bloom Night contact lenses have been reviewed and validated via numerous comprehensive, peer-reviewed studies related to myopia control management. Menicon Bloom Night therapy has proven to be well accepted by parents and to improve children's self-esteem in terms of physical appearance, participation in activities, academic performance and peer perception. With the accumulation of long-term and comprehensive scientific evidence over the years, Menicon Bloom Night has met the highest standards of safety, efficacy and quality required to grant the treatment CE approval for myopia control management in Europe.

The fitting of Menicon Bloom Night is optimized by the use of Easyfit software, a sophisticated, user-friendly tool which accurately guides the eye care professional through the fitting process. Additionally, a specially designed mobile phone application, Menicon's Virtual Dr., has been developed to enhance the monitoring and communication process between eye care professionals and patients. Menicon Bloom Night is only available for certified eye care professionals. With the launch of this groundbreaking myopia care therapy, Menicon has become one of the few companies to have devices officially approved for myopia control management in Europe and demonstrates the company's continued commitment to the field of myopia control.

Menicon Bloom Night will be launched initially in The Netherlands, followed soon thereafter with launches in other European markets. Further information about the product and availability will be forthcoming soon.

Dr. Hidenari Tanaka, CEO, Menicon Co., Ltd., commented: "We are delighted with the major breakthrough achieved with the approval and launch of our Menicon Bloom Myopia Control Management System. We are confident that our continuing commitment to myopia control management will position Menicon as a key contributor in this field and strengthen our position as a global vision care company. It is our belief that the growing prevalence of worldwide myopia progression requires a comprehensive and educated response and we have identified this as a major initiative within our development programs. As a pioneer of contact lenses, we will develop our myopia control business based on our accumulated technology, products and services and contribute to society by supporting eye care professionals in managing the fast growing incidence of myopia."

About Menicon:
Menicon Co., Ltd. (7780: Tokyo), founded by Mr. Kyoichi Tanaka in 1951, is Japan's first and largest contact lens manufacturer, and now is represented in over 30 countries. Menicon is a manufacturer dedicated to all areas of soft and gas-permeable contact lens-related businesses, including manufacture, sales, export and import of contact lenses and other medical goods; manufacture and sales of medical instruments; sales of medical supplies; and research and development of intraocular lenses. For more information, visit www.menicon.com.

*"Bloom", "Bloom Night", "Menicon Z" and "Easyfit" are trademarks of Menicon Co., Ltd.

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Friday 24 May 2019

Teridion Announces Deep Integration with Cisco Meraki MX Security and SD-WAN Appliances to Deliver New High Performance Internet Service

Company Also Announces General Availability of Teridion for Enterprise, the Unique and Innovative Public Cloud-Based WAN Service Delivering Carrier Grade Performance

SAN FRANCISCO, May 24 (BUSINESS WIRE) — Teridion, the company delivering the only global public cloud-based WAN service, today announced its deep integration with Cisco Meraki MX Security and SD-WAN appliances. The combined solution is a bold new approach to branch networking, delivering the industry-leading Auto VPN and SD-WAN capabilities of Cisco Meraki’s MX appliances with Teridion’s high throughput and low latency public cloud-based WAN service.

For the first time, enterprises can take advantage of a WAN solution that has visibility and control of first, middle, and last mile of the Internet and extends SD-WAN and WAN acceleration beyond enterprise sites to include SaaS applications and enterprise cloud workloads across multiple public cloud providers. Today’s announcement highlights the new, seamless network level integration between Teridion’s high performance cloud WAN service and Cisco Meraki’s easy-to-use Auto VPN routing and high availability capabilities. Enterprise of all sizes can expect real-time applications such as voice and video to see latency improvements of up to 30 percent and file transfer throughput increases of up to 500 percent. As always, the Cisco Meraki and Teridion solution is secured with Cisco’s market-leading security capabilities and managed in the cloud.

The Teridion cloud WAN service is a simple, snap-in integration with Cisco Meraki MX enterprise security and SD-WAN appliances that brings carrier grade Internet and WAN performance to broadband and dedicated Internet access connections. Teridion is available at a fraction of the cost of carrier circuits, and is backed with an SLA. Partners that offer the combined Cisco Meraki and Teridion solution will be able to engage more opportunities and offer a compelling new service to their installed base.

“This news is tremendous validation for the differentiated WAN offering we launched late last year,” said Pejman Roshan, VP of Products and Marketing for Teridion. “We have been working closely with Cisco Meraki on this deep integration, and together the combined solution makes it easy to deploy a secure and high performance WAN that is 100-percent cloud managed. Together, Cisco Meraki and Teridion enable businesses with regional, nationwide, or global WANs to drastically improve the performance of business critical applications, whether they are hosted in corporate data centers, SaaS applications, or deployed across various cloud providers.”

“As enterprises prepare for a cloud-ready application environment, they are laser focused on providing the best application performance for staff and customers in remote locations and branch offices,” said Raviv Levi, director of product management at Cisco Meraki. “The combined Cisco Meraki and Teridion solution offers rich SD-WAN and security capabilities at the WAN edge that are tightly integrated with a high performance and cost-effective WAN service delivered over cost-effective broadband or dedicated Internet access. This brings better reliability and consistency to the enterprise WAN across multiple sites, as well as high performance access to all SaaS applications and cloud workloads.”

Teridion also announced today the general availability of Teridion for Enterprise, the industry’s first solution that eliminates the reliability and performance gap introduced by the reliance on the public Internet middle-mile and exposed by the massive shifts to the cloud and SD-WAN. By tightly integrating with a leading SD-WAN solution such as the Cisco Meraki SD-WAN, Teridion unites centralized cloud management, enterprise-grade security, and ultra-fast WAN performance in a single, tightly integrated offering. As a result, enterprises leverage a solution that is optimized for delivery performance, reliability, control, and visibility end to end across the public Internet.
Teridion’s public cloud-based WAN service is powered by Teridion Curated Routing, an innovative and cloud native approach to routing that draws on the power of deep learning and brings hierarchical and centralized routing to enterprise networking. Teridion Curated Routing radically improves WAN, application, and SaaS performance. Originally launched delivering interoperability with today’s most popular SD-WAN offerings, today’s announcement marks the first deep, end-to-end integration with a leading SD-WAN solution.

Learn more about Teridion’s deep integration with Cisco Meraki in the Cisco Meraki Marketplace at https://apps.meraki.io/details/teridion-for-enterprise/, or at teridion.com/meraki.

Availability and Pricing

Teridion for Cisco Meraki is available today from authorized Teridion resellers. Pricing starts at $50 per site per month. More details about how to buy can be found at https://www.teridion.com/meraki.

About Teridion

Founded in 2013, Teridion enables faster and more reliable Internet with Teridion Curated Routing, radically improving Internet performance up to 2X – 20X, anywhere in the world. Teridion for Enterprise combines the performance, reliability, and SLAs of legacy WAN technologies such as MPLS with the agility and elastic scalability of the cloud. The company is backed by leading venture investors including Jerusalem Venture Partners, Magma Venture Partners and Singtel Innov8, and is relied on by leading SaaS providers such as Atlassian, Box, Egnyte, Merrill Corp., and many others. Teridion is headquartered in San Francisco, with international offices in Petah Tikva, Israel. For more information, visit www.teridion.com or email info@teridion.com.

Teridion is a registered trademark of Teridion in the United States and other countries. All rights reserved. All other company and product names are either trademarks or registered trademarks of their respective companies.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20190523005161/en/

Contact
 
Dan Spalding
dspalding@teridion.com
(408) 960-9297

Source : Teridion

​TRADING TECHNOLOGIES LAUNCHES CONNECTIVITY TO COINFLEX, WORLD'S FIRST PHYSICALLY DELIVERED CRYPTO FUTURES EXCHANGE

SINGAPORE, May 21 (Bernama-BUSINESS WIRE) -- Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that connectivity to CoinFLEX, the world’s first physically delivered bitcoin futures exchange, is now available to eligible professional and retail traders outside the U.S. through the TT® trading platform.

With this new link to CoinFLEX, TT users who are eligible to trade on CoinFLEX now have access to the world’s first physically delivered stablecoin-to-stablecoin futures contract, offering Tether (USDT) against Circle’s USD Coin (USDC). These stablecoins are pegged to the U.S. Dollar and allow traders and investors to trade on global cryptocurrency markets without dealing with slow and expensive bank wires.

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