KUALA LUMPUR, Oct 30 -- Australian property developer, Crown Group will launch its first Melbourne development luxury apartments in Southbank, named Artis, next month.
Crown Group Chairman and Chief Executive Officer, Iwan Sunito said Artis was part of the company’s plan to create a US$3 billion development pipeline in Melbourne. (US$1 = RM4.157)
Sunito said having only 153 apartments, uninterrupted city views and a design by internationally renowned Koichi Takada Architects meant it was a truly limited offering.
Crown Group, which has offices in Sydney, Brisbane, Indonesia and Los Angeles, has teamed with experienced Melbourne residential developer G3 Projects in their first joint venture.
G3 Projects, headed by Bobby Iskandar Lim, has made a name for itself with numerous sophisticated boutique projects across Melbourne over the past 25 years, according to a statement.
Set across a corner site of 2,070 sqm at 175 Sturt Street, Artis will host 153 luxury one, two and three-bedroom apartments and penthouses.
Residents will have access to Crown Group’s signature resort-style facilities, which include a beautiful rooftop lounge with garden and children’s play area, level one gym and spectacular indoor pool and jacuzzi.
More details at https://www.crowngroup.com.au/melbourne/
-- BERNAMA
Friday, 30 October 2020
Crown Group to launch maiden Melbourne development luxury apartments in Southbank
Tricor Axcelasia penetrates Singapore with new governance, risk, compliance solutions
KUALA LUMPUR, Oct 30 -- Tricor Group (Tricor) wholly owned subsidiary, Tricor Axcelasia has expanded its full range of corporate governance, risk and compliance (GRC) solutions into Singapore, offering risk management, internal audit and sustainability advisory.
According to a statement, the GRC solutions will be offered to the C-suites and boards of publicly listed companies, private companies, multinational corporations and government-linked entities.
Tricor Axcelasia will partner with organisations to increase awareness of strategic GRC best practices and know-how, identify business improvement opportunities with risk-based internal audit, transform day-to-day operations by integrating sustainability strategies and provide objective guidance on board activities.
“The GRC landscape in Singapore, ASEAN and global markets is constantly evolving. Our dedicated team can help organisations navigate complex operating environments so they can reap maximum value from their GRC investment,” said Tricor Singapore Chief Executive Officer, Lon Gee Ho.
Tricor’s acquisition earlier this year of the Malaysian operations of Axcelasia Inc, a SGX listed company, offers clients expertise in corporate GRC and internal audit and enhances Tricor’s well-renowned corporate services solutions in the ASEAN region.
Tricor Axcelasia, with over 100 professional staff and more than 1,000 client portfolios, is led by seasoned industry executives, including Regional Managing Director, Ranjit Singh and Non-Executive Chairman, Dr Veerinderjeet Singh.
-- BERNAMA
APPDYNAMICS SOLVES VISIBILITY GAP BETWEEN TRADITIONAL INFRASTRUCTURE AND CLOUD ENVIRONMENTS WITH NEW PORTFOLIO OF CLOUD NATIVE SOLUTIONS
SAN FRANCISCO, Oct 30 (Bernama-BUSINESS WIRE) -- AppDynamics, a part of Cisco and the world’s #1 APM solution and full-stack, business centric observability platform, today released new capabilities designed to help IT teams build cloud native applications with confidence by connecting hybrid cloud application performance to business performance in real-time. Through a context-sensitive visualization interface, correlated insights across domains and intelligent resource optimization, enterprise IT leaders will be able to reduce noise and surface only the most business-critical information and insights across their unique hybrid environments.
“AppDynamics’ new portfolio of cloud native services is the only solution on the market to provide an easy to use performance monitoring platform that helps users tame the complexity of the cloud from the application all the way through to the network,” said Jeetu Patel, senior vice president and general manager, security & applications, Cisco. “By reducing noise and providing the context that matters most to cloud workflows, business leaders will be able to accelerate their digital transformation initiatives and improve their user experiences.”
Technologists are adopting cloud services faster than ever before in response to the global COVID-19 pandemic and the increased pressure it has placed on IT. While new cloud technologies have delivered flexibility and enabled innovation for businesses as they seek to deliver seamless customer and employee digital experiences, they have also led to more complex and distributed application architectures. This has created huge challenges for technologists in enterprise organizations who typically rely on many traditional IT systems to run their businesses but now operate in a hybrid cloud environment. As IT teams adopt more cloud native services to meet the digital demands of their users, the challenge to refactor applications and design new features at scale becomes increasingly challenging due to a lack of holistic visibility and business context across the multiple environments.
AppDynamics’ new portfolio of cloud capabilities closes that visibility gap and allows users to connect traditional systems with cloud native services, all in the context of business outcomes.
These new capabilities include:
- Full Stack Observability Platform: A new data platform designed to increase visibility and seamlessly ingest data from multiple sources including AppDynamics agent-based data, open-source tools and agent-less services and correlate the data across domains.
- Cloud Data Collector: An extensible architecture for capturing and automating data collection and correlating cloud services with application code, user experience and business impact to provide full stack, context rich observability. Starting with Amazon Web Services’ (AWS) monitoring and observability service, Amazon CloudWatch, and then expanding to incorporate additional public and private cloud environments.
- Cloud Native Visualization: A new visualization interface that reduces the complexity of monitoring cloud-native applications with a context-sensitive, easy to understand, visual representation.
- Intelligent Application Resourcing and Cost Optimization: An integration with Cisco Intersight Workload Optimizer will transform operations from reactive to proactive by optimizing infrastructure resources and costs in hybrid cloud environments.
In the crowded HR technology market, a flawless customer experience is how businesses are staying competitive. Jobvite - known for its best-of-breed applicant tracking system (ATS) and recruiting software - understands the importance of investing in cloud technologies as a way to support the digital experiences they offer to customers.
“At Jobvite, balancing development speed, quality and innovation concurrently is a challenge and we can’t afford to fail on any of these fronts,” said Ron Teeter, chief architect, Jobvite. “With AppDynamics new cloud native capabilities businesses can detect more issues early in development and resolve them before they become customer-impacting. AppDynamics allows us to shift left and get our most important products to market faster, while still delivering them with the high-quality standards our customers expect and deserve.”
AppDynamics’ new cloud native capabilities are generally available today. Learn more about how to access these new services here.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
About AppDynamics
AppDynamics, a part of Cisco, is the world’s #1 Application Performance Monitoring (APM) solution and AIOps platform. AppDynamics is a full-stack, business centric observability platform that helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include: Business iQ, Experience Journey Map, and Cognition Engine.
AppDynamics has been recognized by Gartner as a leader in the APM market for more than eight years and was positioned highest in ‘ability to execute’ in Gartner’s 2020 Magic Quadrant Report for APM. It received Glassdoor’s 2019 Best Places to Work Award and Fortune’s top 5 Best Places to Work in 2020 as part of Cisco.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201028005273/en/
Contact
Abby McAdams
AppDynamics PR
abby.mcadams@appdynamics.com
Nancy Stebbins
AppDynamics AR
nancy.stebbins@appdynamics.com
Source : AppDynamics
Asia Pacific managed services market records 14-year lowest level - ISG Index
KUALA LUMPUR, Oct 30 -- Buffeted by pandemic concerns, the managed services market in Asia Pacific fell in the third quarter to its lowest level in 14 years, according to the latest report from Information Services Group (ISG).
The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US$5 million or more, shows the region’s managed services market plummeted 48 per cent in the third quarter, to US$338 million, worst since 2006. (US$1 = RM4.157)
According to a statement, within managed services, information technology outsourcing was down 50 per cent, to US$277 million, and business process outsourcing was down 32 per cent, to US$61 million.
Meanwhile, ACV for cloud-based services, traditionally the dominant force in the region’s sourcing success, was up six per cent in the third quarter, to US$1.6 billion.
That figure includes infrastructure-as-a-service, up eight per cent, to US$1.4 billion, and software-as-a-service, down eight per cent, to US$222 million—one of its lightest quarters in the last three years.
Asia Pacific’s combined market (both managed services and as-a-service) was down 10 per cent, to US$1.97 billion, despite overall growth in the as-a-service segment.
ISG is forecasting the global managed services market will be down six per cent for the full year, 150 basis points better than its July forecast.
The firm is projecting the global as-a-service market will grow by 15.5 per cent in 2020, up from its 11 per cent forecast in July.
-- BERNAMA
RealNetworks SAFR 3.0 sets new standard for high sensitivity face detector
KUALA LUMPUR, Oct 30 -- SAFR from RealNetworks Inc has announced improved face detection and recognition accuracy for both masked and unmasked faces with SAFR 3.0 release.
According to a statement, SAFR’s 3.0 which is available now, is introducing a new default high sensitivity face detector.
Customers running the high sensitivity face detector will see a 95.1 per cent detection rate and 98.85 per cent recognition accuracy rate for faces covered by PPE face masks — including non-surgical fabric masks of varying patterns — in surveillance-style videos of faces in motion.
Detection efficiency has also been improved when multiple faces are simultaneously in the field of view to ensure detection and recognition speeds remain high.
“SAFR’s accuracy improvements will enable customers to deploy face-based contactless secure access without requiring removal of PPE and ensure persons of interest and registered VIPs don’t go unrecognised while wearing face masks,” said SAFR VP (Computer Vision), Brad Donaldson.
SAFR 3.0 also includes a new mask detection dashboard, enabling customers to anonymously track mask usage rates and view and filter by age, gender, location and time.
More details at https://safr.com/release-notes/
-- BERNAMA
TOSHIBA LAUNCHES HIGH RIPPLE-REJECTION RATIO, LOW-NOISE LDO REGULATORS WITH ENHANCED POWER-LINE STABILIZATION
Toshiba: TCR3RM Series of 32 LDO regulators that bring enhanced power stabilization to DC power lines for mobile devices (Photo: Business Wire)
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation ("Toshiba") has launched the “TCR3RM Series” of 32 LDO regulators that bring enhanced power stabilization to DC power lines for mobile devices such as smartphones and wearable devices. Shipments of the first products in the series start today, and others will follow in turn.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201029005516/en/
The new TCR3RM series combines a bandgap circuit with a low-pass filter that allows through only extremely low frequencies, and a low-noise, high-speed operational amplifier, to realize an industry-leading[1] high ripple rejection ratio[2] and low output noise voltage.
The 32 products in the lineup have a maximum output current of 300mA and output voltages ranging from 0.9V to 4.5V. Customers can select output voltage by application.
The package is a compact DFN4C package, only 1mm x 1mm, suitable for camera applications, audio applications, and for the RF circuits of power supply lines in mobile devices requiring high-density mounting, such as smartphones and wearable devices.
In typical LDO regulators, when the frequency of noise on input voltage is over 1kHz, the ripple rejection ratio drops approximately 20dB for every 10 times increase in frequency. For noise over 100kHz, it drops approximately 40dB for every 10 times increase. As a result, the LDO regulator may not be sufficiently able to remove noise of over 100kHz generated by DC-DC converter circuits or similar circuits.
The new products offer an ample ripple rejection ratio and output noise voltage characteristics, even at noise frequencies of 100kHz or higher. This contributes to stabilization of power supply lines, including high output voltage accuracy.
Applications
Mobile devices
- Smartphones
- Wearable devices
- Audio systems
- RF circuits, etc.
- High ripple rejection ratio :
R.R.=100dB (typ.) @f=1kHz, VOUT=2.8V
R.R.=68dB (typ.) @f=100kHz, VOUT=2.8V - Low output noise voltage : VNO=5μVrms (typ.) @10Hz≤f≤100kHz
- Low quiescent current : IB(ON)=7μA (typ.) @IOUT=0mA
- Thin and compact DFN4C package : 1.0×1.0mm, t=0.38mm (typ.)
Main Specifications
Notes:
[2] The ripple rejection ratio (R.R. : Ripple rejection Ratio) is the same as the power supply rejection rate (PSRR: Power Supply Rejection Ratio) indicated on other manufacturers' products.
[3] 32 products. The number showing output voltage goes into "xx".
[4] Except control pull down current (ICT)
Follow the link below for more on the new products.
TCR3RM Series
https://toshiba.semicon-storage.com/list/index.php?f%5B%5D=9%7CTCR3RM&p=&h=&sort=3,asc&code=
param_610®ion=apc&lang=en&cc=&scroll_x=0&scroll_y=0
Follow the link below for more on Toshiba’s LDO regulators.
Low-Dropout Regulators (LDO Regulators)
https://toshiba.semicon-storage.com/ap-en/semiconductor/product/
power-management-ics/low-dropout-regulators-ldo-regulators.html
To check availability of the new products at online distributors, visit:
TCR3RMxxA
https://toshiba.semicon-storage.com/ap-en/
semiconductor/where-to-buy/stockcheck.TCR3RM.html
Customer Inquiries
Small Signal Device Sales & Marketing Dept.
Tel: +81-3-3457-3411
https://toshiba.semicon-storage.com/ap-en/contact.html
*Company names, product names, and service names may be trademarks of their respective companies.
*Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.
About Toshiba Electronic Devices & Storage Corporation
Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, the company has taken its place among the leading general devices companies, and offers its customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.
Its 24,000 employees around the world share a determination to maximize the value of its products, and emphasize close collaboration with customers to promote co-creation of value and new markets. The company looks forward to building on annual sales now surpassing 750-billion yen (US$6.8 billion) and to contributing to a better future for people everywhere.
Find out more about Toshiba Electronic Devices & Storage Corporation at https://toshiba.semicon-storage.com/ap-en/top.html
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201029005516/en/
Contact
Media Inquiries:
Chiaki Nagasawa
Digital Marketing Department
Toshiba Electronic Devices & Storage Corporation
Tel: +81-3-3457-4963
semicon-NR-mailbox@ml.toshiba.co.jp
Source : Toshiba Electronic Devices & Storage Corporation
Rajiv Dingra launches global transformation network powered by deep tech, gig economy
 |
Rajiv Dingra, Founder & CEO, RD&X Network |
It is a deep-tech network that will drive brand, business, media and data transformation helping businesses globally become real-time, disruptive and thereby achieve exponential growth.
RD&X Network endeavours to leverage the impending deep tech and business model disruption across marketing, advertising, media and business consulting with its unique transformational offerings.
According to a statement, an initial corpus of US$10 million has been committed for its organic and inorganic growth worldwide. (US$1 = RM4.157)
Aiming to be a geography agnostic and remote-first company, its expansion plans include strategic acquisitions and investments in early-stage companies in areas of deep tech, gig economy, mar-tech and ad-tech.
Parallelly, inhouse flagship solutions are also currently under development.
While the India hub will serve as a global capability centre powering shared services and technology, there will be three international hubs in the US, EMEA and SEA, respectively.
These hubs will function as centres of excellence offering brand, business, media and data transformation services.
RD&X Network is currently in advanced stages of discussion with multiple disruptive early-stage companies in each of these markets to join the network and plans to be fully operational across global markets by end of Q2 2021.
-- BERNAMA
Fastly Compute@Edge solution offers new developer tooling, functionality
KUALA LUMPUR, Oct 30 -- Fastly Inc, a global edge cloud platform provider, has announced major enhancements to its Compute@Edge solution, adding new developer tooling and functionality.
According to a statement, the newest enhancements include Terraform API support, Command Line Interface, expanded language support and fingertips observability.
Customers are now running production traffic on Compute@Edge, including a vast array of innovative use cases like waiting room tokens, dynamic edge personalisation, authentication at the edge, full serverless applications and others.
Compute@Edge’s enhanced tooling empowers developers to architect for unprecedented levels of internet traffic and heightened expectations around digital experiences, while keeping performance, efficiency and security at the forefront.
For developers looking to build and execute code closer to their end users, Compute@Edge is a powerful and performant serverless computing environment that runs on Fastly’s globally distributed edge cloud platform.
Fastly’s serverless solution provides the benefits of serverless computing without the challenges that typically come with outsourcing infrastructure, allowing for better performance, enhanced visibility and reduced latency.
By building advanced applications and custom logic on the edge, organisations can reduce infrastructure costs and scale instantly.
More details at https://www.fastly.com/products/edge-compute/serverless
-- BERNAMA
Thursday, 29 October 2020
Starr’s marine division programme offers terminal operations risk reduction
KUALA LUMPUR, Oct 28 -- Starr Marine, a division of Starr Insurance Companies (Starr), recently introduced a comprehensive programme to identify and reduce risks unique to marine terminal operations of all sizes.
According to a statement, the Terminal Management System (TMS) Assessment Program is a proprietary tool created to measure terminal operations against industry best practices.
Using independent marine surveyors, the Starr Marine Loss Control Services Team works with the terminal’s management to conduct a thorough on-site evaluation and review of operational, maintenance and safety procedures.
The assessment provides clients with a benchmarked score and detailed recommendations to enhance risk management initiatives and loss control plans for their operations.
“Our efforts to develop the TMS tool predates the recent spate of high-profile port losses,” said Starr Marine senior vice-president and head, Matthew Davis.
“Events like these, however, are a reminder of why Starr’s loss control approach is central to how we work with clients – to prevent losses before they happen.”
Starr is a leading insurance and investment organisation, providing property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance.
-- BERNAMA
ASICLine offers simple, affordable, profitable mining experience
Naturally, within the current level of mining difficulty, the profit making potential of these two products is higher compared to any other product.
FirstLine offers monthly profit as follows - US$960 (Bitcoin), US$4,152 (Litecoin), US$6,345 (Ethereum) and US$7,071 (Monero). (US$1 = RM4.162)
On the other hand, PowerBox offers US$2,942 (Bitcoin), US$12.4K (Litecoin), US$19K (Ethereum) and US$21.1K (Monero).
The miners are easy to use as users only need to plug in, and connect to the Internet through Wi-Fi or cable, enter the pool data or select ASICLine pool, which has zero per cent fee, and insert wallet address and start mining.
“The global lockdown has deprived millions of people from their livelihood and we are happy to create a profitable work-for-home opportunity for all through ASICLine,” said ASICLine chief executive officer, Martin Muller in a statement.
-- BERNAMA
WOLTERS KLUWER FRR RECEIVES APPROVED VENDOR STATUS FOR SINGAPORE'S SME GODIGITAL PROGRAM
SINGAPORE, Oct 28 (Bernama-BUSINESS WIRE) -- Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has been chosen as an approved vendor for the SME GoDigital program, operated by Infocomm Media Development Association (IMDA).
In association with The Monetary Authority of Singapore (MAS), IMDA is rolling out the GoDigital program for the Financial sector. And, Wolters Kluwer FRR has been accorded pre-approved vendor status for its market-leading OneSumX for Regulatory Reporting SaaS solution.
http://mrem.bernama.com/viewsm.php?idm=38535
Hong Kong Tourism Board hygiene protocol ensures safe, healthy travel experience
KUALA LUMPUR, Oct 28 -- The Hong Kong Tourism Board (HKTB) recently introduced a standardised hygiene protocol, providing unified set of guidelines on hygiene and anti-epidemic measures for tourism-related industries.
In partnership with the Hong Kong Quality Assurance Agency (HKQAA), the protocol allows customers and visitors to easily recognise and understand to better prepare Hong Kong for the resumption of inbound travel.
According to HKTB in a statement, the protocol will cover shopping malls, hotels, restaurants, retail stores, coach companies, tourism attractions and travel agencies, among others.
Participating businesses and outlets are required to comply with a series of hygiene and anti-epidemic measures.
After passing the assessment, details of the businesses and outlets will be uploaded to a dedicated website of the HKQAA.
The businesses and outlets can display a designated logo for recognition to show their commitment to the protocol. The HKQAA will conduct random visits for continued inspections.
The HKTB is currently working with the Hong Kong SAR Government and the tourism industry to better prepare Hong Kong for travel resumption and aims to welcome visitors back with an assortment of exciting experiences and attractive offers.
-- BERNAMA
Wednesday, 28 October 2020
Employee welfare, inclusion important for purpose driven sustainability agenda
KUALA LUMPUR, Oct 27 -- The Coronavirus pandemic has propelled organisations to redefine what purpose means for their business, according to global market research company, Euromonitor International.
In its report, Rethinking Sustainability: No Purpose, No Gain, one in eight businesses did not provide sick paid leave to employees, and only 3.2 per cent offered childcare support to their workforce, amid a global economic recession.
This illustrates the need for businesses to move away from a traditional ‘for-profit’ approach by putting people at the heart of their purpose, according to a statement.
Insights from the report show that business engagement with the Sustainable Development Goal ‘Decent work and economic growth’ (SDG8) increased by 6.7 per cent after the outbreak, the highest of all SDGs.
As a result, 39 per cent of businesses plan to invest in employee health and welfare to prevent similar public health risks, while 71 per cent intend to expand remote working, flexible hours and promote work-life balance.
Social purpose has also been brought to the fore with ‘Reduced inequality’ (SDG10) which increased by 1.4 per cent this year, the fourth highest of all SDGs.
In addition, focusing on the inclusion of society at large, alongside environmental concerns such as climate change, will be key to embrace a purpose driven transformation.
-- BERNAMA
QoreNext secures Angel funding round with 3 prominent investors
KUALA LUMPUR, Oct 28 -- QoreNext has closed an Angel funding round with three prominent investors, namely Kristin Luck, Adil Wali and Tom Lynch.
Kristin Luck is a serial marketing technology entrepreneur whose latest venture is growth strategy consultancy, ScaleHouse. She has previously consulted with Annik. Luck is a licensed investment banker with Oberon Securities and an accredited investor.
Meanwhile, Adil Wali was a founder, investor and adviser in a variety of eCommerce, FinTech and SaaS companies. He is the creator of Merit, a cryptocurrency which aims to be the world’s friendliest digital currency.
Tom Lynch was the Chief Financial Officer at The NPD Group and is now responsible for M&A and partnerships. His management experience includes over 25 years in finance, operations and transactions across the United States, Europe and Asia.
The new company, started by Annik founder, Rahul Sahgal has launched a cloud-based Data-as-a-Service platform, Qore, for the AI and BI space. Annik was sold, as part of a PE rollup under LiquidHub, to CapGemini in 2018.
Through its Qore platform, QoreNext aims to help solve the data problems facing the AI and BI space, starting with foundational data. Qore curates, manages and sells, on a subscription basis, high-quality foundational data from various sources across multiple industries.
-- BERNAMA
ONWARD SECURITY GRANTED 2020 BEST IT COMPANY AWARD
Unveiling "the key to future IoT cybersecurity" at Code Blue
TAIPEI, Oct 28 (Bernama-BUSINESS WIRE) -- Onward Security, a leading provider of IoT cybersecurity compliance solutions, will deliver a speech at the international cybersecurity conference Code Blue 2020, revealing the current status of IoT cybersecurity, the requirements of global IoT device security, and the key to success in the future market. This year, apart from being the only IoT cybersecurity testing lab in Asia authorized by CTIA, Onward Security also won a number of international awards. It was named the Grand Trophy winner by the Network Products Guide’s 2020 IT World Awards, winning the gold prize for IT Risk Management, Application Security Testing (AST), and silver prize for Best IT Company of the Year.
As estimated by American market research institutions, the global application security market is expected to reach $10.7 billion by 2025, with a CAGR of 17.7%. The market growth will be mainly driven by the increasing application attacks, the employees’ BYOD, the enterprises’ cloud deployment, the governments’ increasingly stringent cybersecurity regulations, and a growing number of complex threats, which will all lead to a wider use of solutions such as application security testing services and threat intelligence. Morgan Hung, General Manager of Onward Security, said, “Vulnerabilities that are constantly being revealed keep cybersecurity risks at a high level. For those repeatedly occurring product safety issues, we can cut costs and reduce risks more effectively by tracking down their sources.”
Onward Security’s “HERCULES SecFlow product security management system” allows the R&D team to identify major cybersecurity vulnerabilities in the system through open-sourced risk management at the software design and development stage, so as to avoid and correct them from the beginning. HERCULES SecFlow, along with the “HERCULES SecDevice automated vulnerability assessment tool”, can provide automated functions like vulnerability testing for connected products, and protocol-related vulnerability discovery and security assessment by uncovering unknown vulnerabilities through fuzz testing in more than 120 tests, allowing the team to perform dual security checks during the design and testing phases and effectively reduce cybersecurity risks.
About Onward Security
Onward Security is committed to addressing IoT cybersecurity issues. Apart from a world-class laboratory, it has independently developed automated security assessment products with AI features and received multiple patents and international awards. It helps customers obtain cybersecurity certificates, discover potential cybersecurity threats and vulnerabilities, safeguard important information and products, and comply with security regulations and industrial standards.
Disclaimer: The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201026005957/en/
Contact
Media:
Ginger Chin
ginger@onwardsecurity.com
+886-2-8911-5035
+886-987-193-588
Source : Onward Security Corporation
NTTVC, NTT US$500 million fund helps startups achieve rapid global scale
KUALA LUMPUR, Oct 27 -- An independent venture capital firm, NTTVC has publicly announced its US$500 million fund to help startups reach rapid global scale by harnessing the power of partnership. (US$1 = RM4.162)
The firm also announced investments in five startups, delivering impactful innovations for businesses and consumers - Celona, Eko, nference, Shoreline and UDP Labs.
According to a statement, NTTVC was founded by entrepreneur and investor, Vab Goel, in collaboration with global technology service provider, NTT.
NTTVC invests broadly across all stages and sectors, with emphasis on the future of enterprise, digital health and innovations powered by AI, machine learning and data.
By combining deep relationships of its investment team with NTT reach, the firm offers access to a robust network of industry experts, customers, entrepreneurs, business leaders, system integrators and service providers who can help startups make better decisions, more quickly.
By partnering with Goel to form a returns-driven venture capital fund, NTT deepens its commitment to building long-term relationships in the entrepreneurial ecosystem.
In turn, NTTVC portfolio companies have the choice and opportunity to sell to, through and with NTT to help scale their businesses.
-- BERNAMA
International Forum on Zero Trans-Fat Oil takes off in Shanghai
KUALA LUMPUR, Oct 27 -- The International Forum on Zero Trans-Fat Oil was recently organised by the Grease Branch of the Chinese Cereals and Oils Association and Yihai Kerry Group in Shanghai, China.
Co-organised by oil provider Arawana Sunshine, the event was in response to the Chinese food sector to WHO's REPLACE action package, as the emergence of trans-fat-free cooking oils indicates China is about to enter the 5G oil era.
According to a statement, WHO estimates that annually, trans-fat intake results in over 500,000 deaths caused by cardiovascular diseases.
WHO expert, Professor Jennifer Coates said at the forum: “More than 40,000 Chinese per one million of the population are at risk from intake of trans-fatty acids (TFA).”
Based on the report Risk Assessment of Dietary Trans-Fatty Acids Intake in the Chinese Population released in 2012, about half the TFA intake of Chinese people in large cities came from cooking oils.
Thus, Yihai Kerry Group has invested more than 200 million yuan in systematic and comprehensive research into green processing technology with precision and moderation factored in, and accelerated it into industrial application. (100 yuan = RM62.12)
In addition, the company has launched the healthy oil era of Arawana Sunshine Zero Trans-Fat Vegetable Oils, whereby currently Arawana Sunshine has marketed corn oil, sunflower seed oil, canola oil and soybean oil under the Sunshine brand.
Arawana is pursuing a new international path with its Sunshine Zero Trans-Fat Vegetable Oils to implement the REPLACE action package and offer more dining options for Chinese people.
-- BERNAMA
Tuesday, 27 October 2020
2 ASICLine miners grab global investor attention, create surefire investment
KUALA LUMPUR, Oct 26 -- ASICLine has quickly grabbed the attention of global crypto investors since the recent launch of its miners, FirstLine and PowerBox.
The two 5nm ASIC miners have been designed to create a surefire investment opportunity for all crypto mining enthusiasts, regardless of their knowledge and expertise.
In order to ensure fastest return on investment, these products offer lightning fast hash rate as well as maximum energy efficiency.
According to a statement, FirstLine offers hash rates of 410 TH/s, 60 GH/s, 15 GH/s, and 3 MH/s for Bitcoin, Litecoin, Ethereum, and Monero, respectively.
These figures are even more impressive for PowerBox; 1250 TH/s, 180 GH/s, 45 GH/s, and 9 MH/s, in the same order.
The power consumptions for these two units are 650 W and 1800 W, respectively. More details at https://asicline.com/
-- BERNAMA
AM Best presents insurance market review next week at SIRC 2020 Re-Mind
KUALA LUMPUR, Oct 27 -- AM Best’s Insurance Market Briefing - SIRC will explore the state of the Asia-Pacific and global (re)insurance markets on Nov 4, as part of the Singapore International Reinsurance Conference’s (SIRC) 2020 Re-Mind event.
The global credit rating agency in a statement said, the online webinar would give attendees an opportunity to hear (re)insurance market insight and opinion from a panel of senior executives and analytical leaders from AM Best’s international offices.
AM Best currently maintains a stable market segment outlook on the global reinsurance industry despite the COVID-19 pandemic, whereby the webinar will explore the pandemic’s ongoing impacts to the sector.
Discussion topics include a review of the region’s (re)insurance markets and emerging trends, and will conclude with a Q&A session. The 90-minute event begins 10am (SGT).
Panellists for the Asia-Pacific market briefing include Greg Carter, managing director, analytics – EMEA & Asia Pacific; Carlos Wong-Fupuy, senior director, global reinsurance ratings; Christie Lee, senior director, analytics – Northeast Asia; and, Myles Gould, director, analytics – Southeast Asia, Australia and New Zealand.
The online conference will run from Nov 2 to 5, in place of the annual in-person event with AM Best, a contributing partner to the event.
Register at http://www.ambest.com/webinars/rmbsirc2020/index.html.
-- BERNAMA
Monday, 26 October 2020
Hong Kong’s DSI Credit Ratings affirmed excellent - AM Best
The outlook of these Credit Ratings (ratings) was stable, said the global credit rating agency in a statement.
The ratings reflect DSI’s balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The ratings also reflect the parental support from Dah Sing Financial Holdings Limited in terms of capital, brand recognition, business development, product distribution, risk management and operations.
AM Best expects DSI’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, to remain at the strongest level and supportive of the anticipated increases in asset and underwriting risks from business expansion over the short to intermediate term.
DSI has consistently delivered a profitable operating performance over the past five years, mainly driven by its favourable investment results, albeit partially offset by the relatively marginal and volatile underwriting performance.
As a small to medium-sized player in Hong Kong’s non-life insurance segment, DSI maintained a market share of approximately one per cent, with a gross written premium of HKD 557.5 million (US$71.6 million) in 2019. (US$1 = RM4.15)
Going forward, the company intends to diversify its underwriting portfolio by expanding inward reinsurance business, in particular in the casualty and financial lines, as well as direct business in the individual accident and health segment.
-- BERNAMA
Saturday, 24 October 2020
Madison Realty Capital grants MAG Partners construction loan on affordable residential building
KUALA LUMPUR, Oct 23 -- Madison Realty Capital has granted MAG Partners a US$173 million construction loan that will allow work to commence next month on a 480-unit rental residential building in Chelsea. (US$1 = RM4.14)
According to a statement, the project will be developed under the Affordable NY programme with 30 per cent of its units reserved for low and middle-income New Yorkers.
It is a joint venture between MAG Partners, Safanad, Atalaya Capital Management and Qualitas, one of the biggest asset managers in Australia.
“This marquee 480-unit multifamily rental building, located within a few blocks of Hudson Yards and other prominent tech tenant expansions on the west side, will be one of the only new multifamily rental projects built in Manhattan in the next few years,” said Madison Co-Founder and Managing Principal, Josh Zegen.
“This is an incredibly desirable location as major tech companies continue to sign big leases within walking distance, and we expect to see very strong long-term demand for this property when it opens in 2022,” said MAG Partners Founder and Chief Executive Officer, MaryAnne Gilmartin.
MAG Partners acquired the site in December 2018 via a 99-year ground-lease with Edison Properties and the development is expected to be complete in late 2022.
The construction financing was arranged by Adi Chugh of Maverick Commercial Properties, while Jeff Rosen from MAG Partners has represented ownership. The financing supports construction throughout the estimated 30-month construction period.
MAG Partners selected Rick Cook and COOKFOX, a firm that is the best and most prolific team for innovative contextual and sustainable development in New York to design the building.
-- BERNAMA
Alphawave honoured with 2020 TSMC OIP Partner award for High-Speed SerDes IP
KUALA LUMPUR, Oct. 22 -- Alphawave has been recognised by TSMC as a recipient of 2020 OIP Partner of the Year Award for High-Speed SerDes IP.
The OIP Partner of the Year awards honour TSMC Open Innovation Platform® (OIP) ecosystem partners like Alphawave, demonstrating excellence in next-generation system-on-chip (SoC) and 3DIC design enablement over the past year.
According to a statement, Alphawave joined the TSMC IP Alliance programme in March 2019, as a part of the TSMC OIP, which accelerates innovation in the semiconductor design community.
The 2020 TSMC OIP Partner of the Year award was given to Alphawave based on Alphawave’s multi-standard Serializer-Deserializer technologies made available to customers on the TSMC 7nm and 5nm process technologies.
Alphawave will continue working with TSMC to enable next-generation SoC and 3DIC designs with certified solutions and services using TSMC’s latest technologies.
The title of OIP Partner of the Year is awarded to partner companies achieving the highest standards of design, development, and technology implementation to accelerate silicon innovation.
-- BERNAMA
Friday, 23 October 2020
Announced: CSOP Yinhua CSI 5G Communications Theme ETF HKEX listing
KUALA LUMPUR, Oct 22 -- CSOP Asset Management Limited (CSOP) has announced the listing of CSOP Yinhua CSI 5G Communications Theme ETF (stock ticker: 3193.HK) on the Hong Kong Stock Exchange.
As one of the first batch of ETFs under the HKEX and SZSE ETF cross-listing scheme, 3193.HK will track the performance of the CSI 5G Communication Index, before deduction of fees and expenses, by investing in the CSI 5G Communication ETF listed on SZSE via the RQFII quota.
With listing price at around HKD 8.1 per unit, trading lot of 100 and management fee of 0.99 per cent, CSOP Yinhua CSI 5G Communications Theme ETF will start to trade tomorrow. (HKD100 = RM53.53)
According to a statement, upon inception, 3193.HK received around US$5 million initial investment. (US$1 = RM4.144)
On the same day, the feeder ETF investing in CSOP’s HKEX listed ETF - ICBC CSOP S&P China New Sectors ETF (3167.HK) will also list on Shen Zhen Stock Exchange.
CSOP Chief Executive Officer, Ding Chen said CSOP was honoured to work with Yinhua Fund Management as the first batch of asset management companies to participate in the HKEX and SZSE ETF cross-listing scheme, and glad to introduce the Chinese 5G themed ETF to Hong Kong and global investors.
CSOP was founded in 2008 as the first offshore asset manager set up by a regulated asset management company in China.
-- BERNAMA
Japan’s Rhizomatiks, Evixar offer lighting synced with home live streaming device
KUALA LUMPUR, Oct 22 -- Rhizomatiks Co Ltd and Evixar Inc, both based in Tokyo, have jointly developed the ‘Home Sync Light’ device, enabling home live streaming with synchronised lights with live performance.
According to a statement, the cylindrical device emits light to enhance the pleasure of live streaming experience at home by synchronising with streamed sounds at high precision.
The light from the LED in sync with live video productions, lighting and lasers spreads throughout the room, making viewing experience of live streaming more immersive.
Home Sync Light makes use of acoustic communication ‘Another Track (R)' developed by Evixar to sync through sound on the device alone.
Users just need to turn on the device and put it where they can hear the streaming sound for the LED to automatically start flashing in sync with the music.
Synchronisation takes only about one second even if the user starts watching the streaming from halfway through.
Furthermore, the streaming platform is not restricted since no dedicated smartphone apps or special web pages are required for device communication.
In the future, Rhizomatiks and Evixar plan to expand this device into concert goods and for event production, and they are currently looking for business partners.
Watch how the device works at https://youtu.be/z5SwSouk9ws
-- BERNAMA
Manufacturing companies set to increase production localisation - Euromonitor International
The production localisation progress would make global supply and logistics chains shorter and provide new growth opportunities for North American and European suppliers, said in a statement.
In addition, changing economic conditions and consumer preferences will impact the manufacturing sector, which will have to adapt to the ‘new normal’.
The future of the global manufacturing industry will be defined by five key trends by 2025 including transition towards demand-driven supply chain; embracing digital solutions and automation; greater flexibility of supply chains; and, repurposing manufacturing capabilities.
Manufacturing companies are expected to invest more in a demand-driven supply chain model and greater flexibility in their facilities.
Meanwhile, around 50 per cent of companies plan to reshape their digital strategies and invest into e-commerce, while one-third of respondents from Euromonitor’s Voice of the Industry survey 2020 will accelerate investments into automation tools.
It is also stated that the manufacturing sector is predicted to transform supply chains in the next two to three years, by making them more localised and flexible, while companies will also look for new ways to utilise manufacturing capabilities outside of their primary industry.
-- BERNAMA
COVID-19: Vonage unveils report on global customer engagement landscape
The report details changing consumer preferences and behaviours and how businesses and service providers need to transform their customer engagement strategies to become more agile and adapt to changes driven by the COVID era.
Key findings demonstrate that the pandemic accelerated the adoption of newer communication channels while increasing fragmentation in channel preferences, especially in the ways that consumers interact with businesses and service providers.
To connect with consumers today, businesses must turn to less traditional channels and employ technology, such as APIs, that allow them the flexibility to embed programmable capabilities - voice, video, messaging and verification - directly into existing applications and workflows.
Since January, globally, there has been 140 per cent growth in the number of people who prefer to connect with businesses via video, according to a statement.
Video chat has also become a mainstream addition to people’s everyday lives, and U.S. adoption has experienced four years of growth in just seven months, with 43 per cent of Americans now video chatting with businesses regularly, up from 28 per cent in January.
In addition, emerging communication channels that saw an increase in preference include voice calls and messaging via social messaging apps, and chatbots. The communication channels that experienced a decrease in preference since January included landline phone calls, email, and SMS text messaging.
Organisations must always be agile and ready to adapt to changes in the market, but 2020 has made the call for agility even louder.
With lockdowns and social distancing likely to continue for the foreseeable future, organisations across all industries can successfully adapt to the new normal through the ability to deliver goods and services remotely.
-- BERNAMA
Educate Girls' solution selected at MIT Solve's Learning for Girls & Women challenge 2020
KUALA LUMPUR, Oct. 22 -- Educate Girls, a non-profit working in remote, rural regions of India, has announced its solution to ‘Empower 1.5 million girls to go to school’ has been selected as one of the 2020 new Solver class at MIT Solve Challenge Finals.
According to a statement, MIT Solve, an initiative of the Massachusetts Institute for Technology, is a marketplace for social impact innovations.
The incoming 2020 Solver Class was selected by Solve’s expert judges from a pool of over 2,600 applicants from 135 countries.
“Our programme model is focused on behavioural, social and economic transformation to ensure all girls get access to quality education. We leverage advanced analytics and community outreach to ensure higher enrolment, retention and improved learning outcomes for out-of-school-girls,” said Educate Girls Founder, Safeena Husain.
Making it to the top seven in the Learning for Girls and Women category, Educate Girls is now among 2020’s new Solver Class of 35 tech-based social entrepreneurs that address global challenges through their innovative social change solutions.
Educate Girls’ solution directly addresses this year’s challenge of how marginalised girls and young women can access quality learning opportunities to succeed.
More details at www.EducateGirls.ngo.
-- BERNAMA
Thursday, 22 October 2020
China’s MYbank unveils financial programme for 11.11 Global Shopping Festival
KUALA LUMPUR, Oct 21 -- MYbank, an online private commercial bank in China, has announced a programme to provide RMB 400 billion of collateral-free credit to businesses in need as they gear up for this year’s 11.11 Global Shopping Festival. (RMB 100 = RM62.32)
“For many SMEs across China, the 11.11 Global Shopping Festival this year has added significance and presents an important opportunity to strengthen business continuity and growth,” said MYbank President, Jin Xiaolong.
“We are dedicated to supporting them at this critical time and to alleviate turnover pressure by extending our collateral-free financing offer to businesses that have received pre-sale orders.”
As part of the dedicated programme, MYbank is offering a total of RMB 200 billion in short-term loans to help small and micro business owners overcome the economic impact of the COVID-19 pandemic.
This enables business owners, particularly smaller vendors with more immediate capital needs, to receive payments in full once buyers place their pre-orders, in turn shortening the payment cycle and turnover by up to about 20 days, according to a statement.
The financing service, in line with MYbank’s commitment to supporting the sustainable growth of SMEs, is made available to merchants ahead of the 11.11 Global Shopping Festival.
Established in 2015, MYbank was the first bank in China to establish its core banking system entirely on the cloud without any physical branches.
-- BERNAMA
Pulse Secure unveils outstanding business, partner growth in Asia Pacific Japan region
KUALA LUMPUR, Oct 21 -- Pulse Secure, a software-defined Secure Access solutions provider, has announced exceptional business and partner growth across the Asia Pacific Japan (APJ) region, for the first half of 2020.
Robust demand for Pulse Secure Zero Trust and remote access solutions has resulted in a more than 18 times increase in overall subscriptions, and over 260 per cent growth in new business revenue, year-over-year.
Registering five consecutive growth quarters since 2019, Pulse Secure has garnered tremendous support from new and existing customers in the APJ region, according to a statement.
In the wake of the COVID-19 health crisis, Pulse Secure has launched its Pulse Cares programme to help customers support work-from-home initiatives and business continuity through expedited sales and service response.
To address the exponential business growth in APJ, Pulse Secure has expanded its footprint across the region with new offices opening in China, Korea and Australia to complement existing direct presence in Singapore, India and Japan.
“We are committed to serving our customers and partners as they take advantage of mobile and cloud computing through our continued investment and expansion of the reach and scale of our regional business,” said Pulse Secure APJ Vice-President, Joe Signorelli.
Pulse Secure has also bolstered its partner network and channel footprint in APJ, through the appointment of new distributors, resellers and training partners that are aligned with its go-to-market strategy across focused industries and customer segments.
More details at www.pulsesecure.net.
-- BERNAMA
Teledyne Imaging's new Z-Trak2 3D sensor family delivers up to 45,000 profiles per second
KUALA LUMPUR, Oct 21 -- Teledyne Imaging has launched Z-Trak™2, its newest family of 3D profile sensors, built on its 3D image sensor technology, ushering in a new era of 5GigE 3D profile sensors for high-speed, in-line 3D applications.
According to a statement, models deliver scan speeds of up to 45,000 profiles per second and features built-in HDR and reflection compensation algorithms to handle surfaces with varying degrees of reflectivity in a single scan.
This delivers in-line height measurements for inspection, detection, identification, and guidance in electronics, semiconductor, automotive and factory automation markets segments.
Offering 2,000 points per profile, all Z-Trak2 models are factory calibrated and offered with either blue or red eye safe lasers to suit various surface properties and operating environments.
All sensors are housed in IP67 enclosures for harsh environments and come bundled with Teledyne Imaging’s Sherlock 8 — a point-and-click, rapid application development software package.
In the same statement, Teledyne Imaging also introduced the Sapera Z-Expert with the release of Sapera LT SDK ver. 8.60. Z-Expert offers a graphical configuration environment for rapid set-up and configuration of the Z-Trak family of 3D profile sensors.
-- BERNAMA
Impossible Foods Accelerates International Growth as Flagship Product Debuts in Asian Grocery Stores
- Impossible
Foods’ flagship product goes on sale this week in about 200 grocery stores
in Hong Kong and Singapore
- Consumers
can get Impossible™ Beef Made from Plants in nearly 100 outlets of
PARKnSHOP in Hong Kong, and in Singapore nearly 100 outlets of FairPrice
and online retailer RedMart
- In
the United States, Impossible Foods has expanded its retail footprint more
than 70X in the past six months as millions of Americans pick Impossible’s
award-winning, plant-based meat instead of ground beef from cows
HONG KONG, Oct 21 (BUSINESS WIRE)
-- Impossible
Foods is making its award-winning, plant-based meat available to home chefs in
Asia in nearly 200 grocery stores across Hong Kong and Singapore -- the first
time Impossible Beef Made From Plants has been available for home chefs outside
of the United States.
Starting this week, Impossible Beef ($HK89.90 SRP for 340g retail pack) will
roll out at nearly 100 PARKnSHOP banner stores across Hong Kong, including
PARKnSHOP, FUSION, TASTE, food le parc and GREAT FOOD HALL. It’s also available
for delivery through parknshop.com.
In Singapore, Impossible Beef priced at SG$16.90 (SRP) will start
rolling out this week at nearly 100 NTUC FairPrice stores, including FairPrice
supermarkets, FairPrice Finest and FairPrice Xtra hypermarkets. In addition,
Singapore’s biggest online grocer, RedMart, is selling Impossible Beef for home
delivery.
Tasting is believing
Named top plant-based burger by the New
York Times and a favorite of Cook’s Illustrated,
Impossible Beef (known as Impossible™ Burger in North America) rivals ground beef from cows for
taste. It is kosher, halal and gluten-free certified. It’s nutritious and
versatile in all ground beef recipes, including stews, chili, sauces, braises,
minces, meatballs, meat pies or any other beefy menu item.
Impossible Beef debuted in Asia’s top restaurants two years ago,
when fans lined up to try the Silicon Valley phenomenon dubbed a “triumph of food engineering.”
Impossible Beef is now served in the Hong Kong and Singapore restaurants of
world-class chefs such as May Chow, Uwe Opencensky, Gordon Ramsay, Ricky Leung,
Adam Penney and Andrei Soen.
“The world’s most respected chefs consistently tell us that the
Impossible Burger blows them away. And we
can’t wait for Hong Kong and Singapore’s home chefs to experience the same
magic in their own kitchens -- whether using Impossible Beef in their
traditional family favorites or inventing new recipes that go viral,” said
Impossible Foods’ CEO and Founder Dr. Patrick O. Brown.
Science, sustainability, sizzle
Impossible Beef is the flagship product from Impossible
Foods, Inc. Magazine’s company of the year and
one of Time Magazine’s 50 Genius companies.
The company’s mission is
to halt biodiversity collapse and reverse global warming by
eliminating the need for animal agriculture, which has led our planet to the brink of
environmental collapse.
The California-based startup makes delicious, wholesome,
plant-based foods that deliver all the pleasures and nutritional benefits that
consumers demand. A 4-ounce serving of Impossible Beef contains 19 g of protein
and is a source of iron -- and it has 0 mg cholesterol, 14 g of total fat, 8 g
of saturated fat and 240 calories. (A conventional 4-ounce “80/20” patty from
cows has 80 mg cholesterol, 23 g of total fat, 9 g of saturated fat and 290
calories.)
Impossible Beef uses 96% less land, 87% less water and 89% fewer
greenhouse gas emissions compared to conventional beef from cows. Fans can
learn exactly how much land, water and emissions they’ve saved by using
Impossible Beef instead of ground beef from cows at Impossible Foods’ Impact Calculator.
Silicon Valley sensation
Impossible’s flagship product made its worldwide grocery store
debut in 2019, when it immediately rocketed to the No. 1 item sold at
some of America’s favorite grocery stores, outselling all ground beef from cows
at many outlets. At one supermarket in Southern California, Impossible
Burger outsold all brands of ground beef
from cows -- and it outsold the next most popular single product by 6X.
Impossible Foods is one of America’s fastest-growing brands and
the leading driver of growth in the overall plant-based food category. Nine out
of 10 people who buy Impossible Burger regularly eat animal-derived foods.
According to the US analytics company Numerator, the vast majority
of Impossible Foods' sales come at the direct expense of
animal-derived meat: 72 cents per dollar comes from consumers who
are shifting their purchases to Impossible Burger from other categories of animal-derived
meats -- proof that Impossible Burger is displacing Old Meat.
Recipe renaissance
Impossible Beef has quickly become a favorite item among diners,
who can order it on menus in approximately 700 restaurants across Hong Kong and
Macau -- up 150% since January 2020. It’s available at about 550 restaurants in
Singapore -- up 120% since January 2020. Sales of Impossible Beef increased by
more than sixfold in Asia last year.
But COVID-19 dramatically altered the shopping and cooking habits
of consumers worldwide, with more residents dining at home.
Home chefs in Singapore and Hong Kong have flooded social media with photos and
recipes of dishes, inspiring friends and relatives and driving up demand in
brick-and-mortar and grocery stores.
Impossible Foods joined the recipe-sharing frenzy, launching its
first cookbook this year. Following its initial release, the cookbook was named
a #1 Best Seller in Amazon's Burger & Sandwich Recipes category, as well as
#1 New Release in Amazon’s Sustainable Living and Vegan Cooking
categories. Impossible™: The Cookbook (Chronicle
Books) is now available for sale in Asia, through online sellers such as Kinokuniya, Amazon.sg, Amazon.com, and Book Depository..
Impossible™: The Cookbook highlights the
convenience and versatility of Impossible Beef -- and it shows how simply
switching to plant-based meat can transform the global food system. In
addition, the book includes recipes for savory starters such as Vietnamese
Imperial Rolls, Pan-Fried Chive Dumplings and Jamaican Patties with Calypso
Sauce -- as well as center-of-the-plate mains such as Thai Laab with Fresh
Herbs, Turkish-Spiced Sandwiches with Garlic Sauce and Szechuan Mapo Tofu. The
cookbook includes an entire chapter dedicated to burgers and a complete section
on beverage pairings.
The cookbook features 40 recipes from some of the pioneering chefs
and personalities who introduced the product to the world, including May Chow
(Little Bao, Hong Kong), Andrei Soen (Park Bench Deli, Singapore), Ricky Leung
(EMPRESS, Singapore), and Que Vinh Dang (NHAU, Hong Kong).
About Impossible Foods:
Based in California’s Silicon Valley, Impossible Foods makes
delicious, nutritious meat and dairy products from plants — with a much smaller
environmental footprint than meat from animals. The privately held food tech
startup was founded in 2011 by Patrick O. Brown, M.D., Ph.D., Professor
Emeritus of Biochemistry at Stanford University and a former Howard Hughes
Medical Institute investigator. Investors include Coatue, Bill Gates, Google
Ventures, Horizons Ventures, Khosla Ventures, Mirae Asset Global Investments, Open
Philanthropy Project, Sailing Capital, Temasek, UBS, and Viking Global
Investors.
Impossible Foods was Inc. Magazine’s company of the year and
one of Time Magazine’s 50 Genius companies.
The flagship product, Impossible Burger, was named top plant-based burger by the New
York Times and received the Food and Beverage (FABI) Award from
the National Restaurant Association.
More information:
Media kit:
Contact
Media Contact:
Esther Cohn
pr@impossiblefoods.com
pr-hk@impossiblefoods.com
pr-sg@impossiblefoods.com
Source : Impossible Foods