Friday, October 31, 2014

LATIN AMERICAN VITAMINS AND DIETARY SUPPLEMENTS MARKET GREW 5% IN 2013, EXCEEDING GLOBAL AVERAGE

KUALA LUMPUR, Oct 31 (Bernama) -- Global market research company Euromonitor International released today a new e-book “Keys to Navigating the Vitamin and Dietary Supplement Market in Latin America,” focusing on opportunities and threats in the industry.

For full text: http://mrem.bernama.com/viewsm.php?idm=23279
                   https://www.facebook.com/BERNAMAmremPR?ref=hl

DATO' NICOL DAVID AND DATO' SRI NAZIR RAZAK AT CIMB CLASSIC 2014

KUALA LUMPUR, Oct 30 (Bernama) -- World No. 1 squash player Dato’ Nicol David (right) came by to watch the No.1 sporting event in Malaysia, the CIMB Classic, and shared a laughter with Dato’ Sri Nazir Razak, Chairman of CIMB Group (left) earlier today at the Kuala Lumpur Golf & Country Club, where the region’s only official PGA TOUR FedExCup tournament is ongoing now till 2 November.


Wednesday, October 29, 2014

UNIONPAY CARD DISCOUNT IN SHANGHAI XINTIANDI BUSINESS DISTRICT

KUALA LUMPUR, Oct 28 (Bernama) -- Holders of UnionPay cards issued outside the Chinese mainland (card number starting with 62) now can enjoy a 15 percent discount and diversified privileges in the Xintiandi business district, a landmark in Shanghai, China. 
    
A statement issued recently in Shanghai China by UnionPay International said this promotion valid until the year end is to catch up with the trend of an increasing number of foreigners coming to China for traveling, business and study.
    
UnionPay International has issued over 32 million UnionPay cards in over 30 countries and regions outside the Chinese mainland and launched special products including dual currency (CNY and foreign currency) cards to meet market demands. 
    
These overseas-issued UnionPay cards can be used on POS terminals of 19 million merchants and 1.7 million ATMs across the world. Therefore, a growing number of foreigners choose to use UnionPay cards for their local spending and international travels. 
   
The Xintiandi promotion, targeted at improving card-using experience of overseas cardholders, not only boasts strong flavor of historical and cultural heritage of Shanghai but also presents a fusion of China and the West. It has long been a place for leisure and entertainment frequently visited by tourists travelling to Shanghai. 
   
Among the merchants participating in the promotion are hotels, restaurants, SPAs and pubs, including well-known  stores such as the T8, Langham and Andaz.
  
-- BERNAMA/MREM
 

COPC INC. OFFERS CONTACT CENTER CONSULTING AND TRAINING IN CHINA

KUALA LUMPUR, Oct 28 (Bernama) -- COPC Inc., a global consulting, training and certification company, has rolled out expanded services to Western and Chinese companies to better meet the growing demands of the customer contact industry in China. 

These include contact center consulting services and management training, a new Chinese version of the COPC Inc. website, and a Chinese User Group, an organization of industry experts that meets to discuss local and international contact center issues. 

A statement issued today datelined in Winter Park, Fla. (US) & Beijing (China), said COPC Inc. has also opened a new office in Beijing, in addition to its Asia Pacific offices in Singapore, Manila, and Sydney.

COPC Inc. is a global leader providing performance improvement services for contact centers, vendor management organizations (VMOs) and business process outsourcing (BPO) centers, and has worked with hundreds of companies throughout the world since 1996. 

This expanded offering in the Chinese market has been developed for companies that want to address customer service expectations of China's growing middle class, which was estimated at 300 million people in 2013, the statement said.

"China has quickly become a significant market for COPC Inc. Our Asia Pacific team has worked for many years with companies that are building, expanding or managing contact centers. We are now helping these clients develop their multi-channel centers to enable customer interaction through all forms of communication," said Kathleen Jezierski, chief operating officer, COPC Inc.

The Asia Pacific team at COPC Inc. has been working in the Chinese market since 2000, providing consulting, training and certification to improve the performance of in-house and outsourced contact centers. COPC Inc.'s industry-leading contact center certification program has been implemented at Wicresoft, Lenovo, China Mobile, ENN Energy, Lenovo Mobile, Concentrix, JD.com, PCCW Teleservices, Teleperformance, VXI and Sunshine Insurance. 

"We have long-established relationships with many Chinese companies, so opening a Beijing office and creating a Chinese website was the next step to better serve their needs," said Ian Aitchison, chief executive officer, Asia Pacific Region, COPC Inc.

-- BERNAMA/MREM

INVESTMENT.VENTURES' BUSINESS LISTING PLATFORM AVAILABLE FOR PRE-BOOKING

KUALA LUMPUR, Oct 28 (Bernama) -- Newly acquired TLD (top level domain) https://www.investment.ventures has opened up exclusive and limited listing availability at early-adopters rates to businesses and organizations. 

The hand-stitched practical platform allows businesses and organizations to showcase globally why time, effort and money should be invested into their products, services and offerings; the traditional and intuitive way, said a statement issued in Singapore today.

To be launched around the 2nd quarter of 2015, early-adopter businesses and organizations who pre-book with us at http://www.corporate.investment.ventures from today till January 31st 2015 will receive benefits that are exclusively available to them, such as but not limited to: guaranteed price-lock, preferential sponsorship opportunities or even the option to invest in a permanent listing slot.

For more information, kindly visit http://corporate.investment.ventures.

-- BERNAMA/MREM

Tuesday, October 28, 2014

COPC INC. MENANGANI PERMINTAAN PENGGUNA YANG SEMAKIN MENINGKAT DI CHINA; MENAWARKAN PERUNDINGAN DAN LATIHAN YANG DIPERLUASKAN KEPADA PUSAT HUBUNGAN

Lancar Laman Sesawang China dan Membuka Pejabat Baru di Beijing

KUALA LUMPUR, Oct 28 (Bernama) -- COPC Inc., sebuah syarikat perundingan, latihan dan pensijilan global yang membantu organisasi meningkatkan prestasi pusat hubungan mereka, telah mengumumkan perkhidmatan yang diperluaskan kepada syarikat-syarikat di Barat dan China untuk memenuhi permintaan yang semakin meningkat dalam industri hubungan pelanggan di China. Ini termasuk perkhidmatan perundingan pusat hubungan dan latihan pengurusan, versi baru laman sesawang COPC Inc. China, dan Kumpulan Pengguna China, sebuah organisasi yang terdiri daripada pakar-pakar industri yang bertemu untuk membincangkan isu-isu pusat perhubungan tempatan dan antarabangsa. COPC Inc. juga mengumumkan pembukaan sebuah pejabat baru di Beijing. Ini adalah tambahan kepada pejabatnya di Asia Pasifik iaitu di Singapura, Manila, dan Sydney.

Untuk teks penuh: http://mrem.bernama.com/mrembm/viewsm.php?idm=7399

COPC INC. ADDRESSES GROWING CONSUMER DEMAND IN CHINA; OFFERS EXPANDED CONTACT CENTER CONSULTING AND TRAINING

Launches Chinese Website and Opens New Beijing Office

KUALA LUMPUR, Oct 28 (Bernama) -- COPC Inc., a global consulting, training and certification company that helps organizations improve the performance of their contact centers, announces expanded services to Western and Chinese companies to better meet the growing demands of the customer contact industry in China. These include contact center consulting services and management training, a new Chinese version of the COPC Inc. website, and a Chinese User Group, an organization of industry experts that meets to discuss local and international contact center issues. COPC Inc. also announces the opening of a new office in Beijing. This is in addition to its other Asia Pacific offices in Singapore, Manila, and Sydney.

For full text: http://mrem.bernama.com/viewsm.php?idm=23259

STATPRO TIES UP WITH PRUDENTIAL INVESTMENT MANAGERS

KUALA LUMPUR, Oct 28 (Bernama) -- StatPro Group plc's cloud services are now being rolled out across a selection of Prudential Investment Managers' funds through a five year agreement signed by both parties early this year.

For full text: http://www.bernama.com/bernama/v7/newsindex.php?id=1080094

FIMI COMMENCES CASH TENDER OFFER FOR GILAT SATELLITE NETWORKS LTD

KUALA LUMPUR, Oct 27 (Bernama) -- Private equity fund FIMI has commenced a cash tender offer to purchase 5,166,348 ordinary shares of Gilat Satellite Networks Ltd. ("Gilat") for $4.95 per share from another private equity fund known collectively as York. 

If more than the maximum number of shares offered to be purchased in the tender offer, FIMI would purchase shares on a pro rata basis, said a statement issued here today.

FIMI, a controlling shareholder of Gilat, currently owns 9,776,324 ordinary shares in the company, representing approximately 23.0 percent of Gilat's outstanding shares. If FIMI purchases 5,166,348 Gilat Shares in the tender offer, FIMI will own approximately 35.1 percent of Gilat's outstanding shares.

FIMI funds are made up of FIMI Opportunity IV, L.P, FIMI Israel Opportunity IV, Limited Partnership, FIMI Opportunity V, L.P and FIMI Israel Opportunity Five, Limited Partnership (collectively "FIMI").

The York funds are made up of York Capital Management, L.P., York Multi-Strategy Master Fund, L.P., York Credit Opportunities Fund, L.P., York Credit Opportunities Master Fund, L.P., Jorvik Multi-Strategy Master Fund, L.P. and Permal York Ltd. (collectively, "York"). 

-- BERNAMA/MREM

FIMI COMMENCES CASH TENDER OFFER FOR GILAT SATELLITE NETWORKS LTD.

KUALA LUMPUR, Oct 27 (Bernama-GLOBE NEWSWIRE) -- FIMI Opportunity IV, L.P, FIMI Israel Opportunity IV, Limited Partnership, FIMI Opportunity V, L.P and FIMI Israel Opportunity Five, Limited Partnership (collectively "FIMI"), announced today that they have commenced a cash tender offer to purchase 5,166,348 ordinary shares of Gilat Satellite Networks Ltd. ("Gilat") (Nasdaq:GILT) for $4.95 per share. If more than the maximum number of shares offered to be purchased in the tender offer are tendered, FIMI will purchase shares on a pro rata basis.

http://mrem.bernama.com/viewsm.php?idm=23253

INVESTMENT.VENTURES TAILORED BUSINESS LISTING PLATFORM SHOWCASING BUSINESSES' PRODUCTS, SERVICES AND OFFERINGS GLOBALLY NOW AVAILABLE FOR PRE-BOOKING AT EARLY-ADOPTERS PRICES

Conducting businesses and investments the traditional & intuitive way

KUALA LUMPUR, Oct 28 (Bernama) -- Newly acquired TLD (top level domain) https://www.investment.ventures/ is now opening up exclusive and limited listing availability at early-adopters rates to businesses and organizations. The hand-stitched practical platform allows businesses and organizations to showcase globally why time, effort and money should be invested into their products, services and offerings; the traditional and intuitive way.

For full text: http://mrem.bernama.com/viewsm.php?idm=23257

Monday, October 27, 2014

STATPRO ANNOUNCES FIVE YEAR CONTRACT WITH PRUDENTIAL INVESTMENT MANAGERS

KUALA LUMPUR, Oct 27 (Bernama) -- StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricingservices for the global asset management industry, is pleased to announce that following the signing of a five year contract earlier this year with Prudential Investment Managers, one of South Africa's top ten largest investment managers, StatPro products are now being rolled out across a selection of funds.

Prudential Investment Managers has selected StatPro to enable, amongst its other traditional performance services, secure cloud-based access tosophisticated portfolio analysis. This contract underlines StatPro's leading position in the high growth South African asset management market. There is a growing acceptance of the cloud model for the delivery of portfolio analysis by some of the world's largest investment managers.

http://mrem.bernama.com/viewsm.php?idm=23256


Friday, October 24, 2014

A.M. Best Affirms Ratings Of Co-Operative Life Limited

KUALA LUMPUR, Oct 23 (Bernama) -- A.M. Best has affirmed the financial strength rating of B (Good) and the issuer credit rating of "bbb " of Co-operative Life Limited (Co-op Life) (New Zealand).


The outlook for both ratings were stable, said a statement issued in Hong Kong today.

The rating affirmations reflect Co-op Life's favorable risk-adjusted capitalization, low product risk profile and prudent investment portfolio. As a subsidiary of The Co-operative Bank Limited (Co-op Bank), Co-op Life also benefits from Co-op Bank's network of more than 30 branches throughout New Zealand, as well as a captive stream of business referrals from Co-op Bank.

Offsetting rating factors include the relatively small scale of Co-op Life's in-force portfolio, as well as continued contingent commitment to support certain debt holders of Co-op Bank.

As an insurance subsidiary of a banking group, Co-op Life's total assets are regulated to not be greater than 1 percent of the bank’s total consolidated assets. This effectively implied a growth constraint on this insurance business as well, the statement added.

Although the continued contingent commitment to support certain debt holders of Co-op Bank has diminished significantly over the past two years, the remaining contingent commitment remains sizeable relative to Co-op Life's capital position.

Co-op Life is well positioned at its current rating level. Factors that could lead to negative rating actions include material deterioration of actual solvency capital as a result of operating losses or deterioration in Co-op Bank's financial strength.

-- BERNAMA/MREM

http://www.bernama.com/bernama/v7/newsindex.php?id=1079256

Euromonitor Predicts Future Travel Trends

KUALA LUMPUR, Oct 23 (Bernama) -- During the World Travel Market, the leading global event for the travel industry, Euromonitor International said three of the most popular and successful trends from the WTM Global Trends Report 2013 were:

A statement issued today in London said the WTM Global Trends Report 2013 identified a new travel industry segment: the PANKs or the 'Professional Aunt, No Kids' demographic.

In August 2014, the Westin New York Grand Central created a package targeting childless women called 'Womanhood Redefined', promoted in partnership with bestselling author Melanie Notkin, an expert on the growing group of women with no children.

The report predicted that China would become a key market for cruise companies.

In August 2014, Carnival Corporation's CEO, Arnold Donald told the Financial Times, "I see China in the future as being the number one cruise market in the world."

The latest Euromonitor data shows China's cruise industry grew 10 percent last year, to reach US$6.8 million in 2013.

The statement added Middle East low cost carriers were introducing business class-style services, a trend set to spread worldwide, according to the 2013 report.

The latest Euromonitor data shows business arrivals in the Middle East grew 7 percent globally from 2011-2013. Many low cost airlines are tapping into this market, including Ryanair, which launched its business class service in August 2014.

The WTM Global Trends Report 2014 by Euromonitor International will be launched at London’s Excel Centre during a press conference on Monday 3rd November at 13:00 in the Platinum Suite 5&6. A session for WTM attendees will be held on Tuesday 4th November at 15:30 in Platinum Suite 1.

Pre-register to receive the WTM Global Trends Report 2014 at http://go.euromonitor.com/WTM-2014-Pre-registration-global-trends-report.html.

-- BERNAMA/MREM

http://www.bernama.com/bernama/v7/newsindex.php?id=1079264

Nasdaq Lists First Trust Eurozone Alphadex(R) ETF

KUALA LUMPUR, Oct 23 (Bernama) -- First Trust'S new exchange-traded fund, First Trust Eurozone AlphaDEX® ETF (Symbol: FEUZ), began trading on The Nasdaq Stock Market on Wednesday, October 22, 2014.


http://www.bernama.com/bernama/v7/newsindex.php?id=1079252

Nasdaq Lists First Trust Eurozone Alphadex(R) ETF

KUALA LUMPUR, Oct 23 (Bernama) -- First Trust'S new exchange-traded fund, First Trust Eurozone AlphaDEX® ETF (Symbol: FEUZ), began trading on The Nasdaq Stock Market on Wednesday, October 22, 2014.


"The AlphaDEX index methodology aims to provide better long-term, risk-adjusted returns than traditional market-cap weighted indices," said Ryan Issakainen, CFA, Senior Vice President and ETF Strategist at First Trust in a statement issued by Nadaq in New York today.

"This ETF joins First Trust's existing lineup of 39 other AlphaDEX ETFs, in providing stock selection and weightings based on investment merit, rather than size."

FEUZ is an exchange-traded fund that seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of the Nasdaq AlphaDEX® Eurozone Index. The fund is based on a custom enhanced index which employs the proprietary, rules-based AlphaDEX® fundamental stock selection methodology. FEUZ provides a way to gain exposure to the potential opportunity in Eurozone equities without having to choose individual companies.

The statement added by providing additional features such as tax efficiency, exchange-traded liquidity and transparency, the fund offers an alternative strategy to active management when seeking alpha.

"We will continue to support First Trust as they expand their robust product offering and gain exposure to traders that participate in multiple asset classes and execution platforms globally," said Walt Smith, Vice President, Head of U.S. Equities at Nasdaq.

Nasdaq operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity, including market participants which represent a full spectrum of investors. ETF issuers benefit from an end-to-end solution that provides ongoing product support including index licensing, listings opportunities, data offerings and trading services.

First Trust Advisors L.P., along with its affiliate First Trust Portfolios L.P., are privately held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $90 billion as of September 30, 2014 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

-- BERNAMA/MREM

http://www.bernama.com/bernama/v7/newsindex.php?id=1079252

Thursday, October 23, 2014

Foton Big Show A Success


KUALA LUMPUR, Oct 21 (Bernama) -- Foton successfully concluded the BIG SHOW 2014 for the fourth consecutive year held from Oct 17-19 at World Trade Center, Pasay City with "Empower Your Business" as the theme.

A statement issued today in Manila, the Philippines said the event represented Foton's largest and most exclusive exhibition of vehicles and heavy equipment, from passenger vehicles and light-duty trucks to heavy-duty trucks and heavy equipment, many of which were developed in cooperation with key technical partners such as Bosch, Lotus, Motorola, Daimler and Cummins.

Guests were able to take advantage of a plethora of exclusive deals and discounts available, such as high-value vehicle trade-ins, gifts, prizes, and flexible financing options from major local financial institutions.

The statement added banks and financial institutions were present to support the event, whereby guests submitted financing applications on-site and many qualified applicants received same-day approval, truly empowering businesses to become valuable partners with Foton.

Foton's comprehensive portfolio effectively comprises the entire commercial vehicle range, further cementing its status as the preferred automotive partner or businesses.

Through its exclusive distributor in the Philippines, United Asia Automotive Group, Inc. (UAAGI), Foton has been rapidly expanding in the automotive industry in the Philippines, consistently becoming recognized on the streets, both in metropolitan areas and outside the city.

-- BERNAMA

PERTUNJUKAN BESAR 2014 FOTON DIADAKAN DI MANILA, FILIPINA

PERTUNJUKAN BESAR 2014 FOTON

KUALA LUMPUR, 21 Okt (Bernama) -- Foton dengan bangga mengumumkan Pertunjukan
Besar 2014 (SHOW BIG 2014) berjaya dilaksanakan dengan jayanya buat tahun
keempat berturut-turut. Diadakan dari 17-19 Oktober di Pusat Dagangan Dunia,
Bandaraya Pasay, tema tahun ini ialah "Memperkasakan Perniagaan Anda",
menonjolkan komitmen Foton untuk melayani perniagaan di Filipina, skala besar
dan kecil.

http://mrem.bernama.com/mrembm/viewsm.php?idm=7384

PETRONAS: HAFIZH SYAHRIN AND MOHD RAMDAN LOOKING FORWARD TO HOME RACE

KUALA LUMPUR, Oct 23 (Bernama) -- PETRONAS Talent Development Programme’s riders, Hafizh Syahrin Abdullah and Mohd Ramdan Rosli are optimistic on their home race as they wish to perform their best at the Malaysian Motorcycle Grand Prix (MotoGP) at the Sepang Circuit this 24 to 26 October.

For full text: http://mrem.bernama.com/viewsm.php?idm=23233


(from left to right) PETRONAS Raceline Malaysia Team Principal, Barry Leong; Team PETRONAS Raceline Malaysia Rider, Hafizh Syahrin Abdullah; PETRONAS Head of Brand Management, Group Strategic Communications, Anita Azrina Abdul Aziz; Chairman of Automobile Association of Malaysia, YM Tunku Datuk Mudzaffar Tunku Mustapha; Team Petronas AHM Malaysia Rider, Mohd Ramdan Rosli; Petronas AHM Malaysia Team Principal, Kenny Chua.


Hafizh Syahrin (left) and Mohd Ramdan gear up for the Malaysian Motorcycle Grand Prix.

WTM GLOBAL TRENDS REPORT BY EUROMONITOR PREDICTS FUTURE TRAVEL TRENDS

World Travel Market 2014

KUALA LUMPUR, Oct 23 (Bernama) -- Euromonitor International has accurately predicted global travel trends in partnership with World Travel Market (WTM) for nine years. Three of the most popular and successful trends from the WTM Global Trends Report 2013 are:

For full text: http://mrem.bernama.com/viewsm.php?idm=23230

A.M. BEST AFFIRMS RATINGS OF CO-OPERATIVE LIFE LIMITED

KUALA LUMPUR, Oct 23 (Bernama) -- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Co-operative Life Limited (Co-op Life) (New Zealand). The outlook for both ratings is stable.

For full text: http://mrem.bernama.com/viewsm.php?idm=23227

Tuesday, October 21, 2014

FOTON BIG SHOW 2014 HELD IN MANILA, PHILIPPINES

FOTON BIG SHOW 2014

KUALA LUMPUR, Oct 21 (Bernama) -- Foton is proud to announce its BIG SHOW 2014 was successfully concluded in its fourth consecutive year. Held from October 17th to 19th at the World Trade Center, Pasay City, this year's theme was "Empower Your Business", highlighting Foton's commitment to serving businesses in the Philippines, large scale and small scale alike.

Guests were able to take advantage of a plethora of exclusive deals and discounts available, such as high-value vehicle trade-ins, gifts, prizes, and flexible financing options from major local financial institutions. Banks and financial institutions were present to support the event, whereby guests submitted financing applications on-site and many qualified applicants received same-day approval, truly empowering businesses to become valuable partners with us immediately.

http://mrem.bernama.com/viewsm.php?idm=23216

Thursday, October 16, 2014

NASDAQ'S LEADERSHIP APPOINTMENTS TO SUPPORT STRATEGIC GROWTH

KUALA LUMPUR, Oct 15 (Bernama) -- Nasdaq has made a series of leadership appointments across the company's Listing Services and Market Technology businesses to broaden full-service offering to listed companies, corporate clients and exchanges globally.

"Our business has grown and diversified considerably over the past few years, and it is critical that our leadership is aligned to maximize the growth opportunities inherent across the business," explained Adena Friedman, President of Nasdaq Capital Access, Technology and Insights in a statement issued today in New York.

Under the new appointments, Lars Ottersgard is promoted to Executive Vice President of Market Technology and will be reporting to Friedman. 

He assumes full executive responsibility for the Market Technology business unit, serving the business' customers, which include more than 70 marketplaces in 50 countries with industry leading software solutions.

He would also continue leading SMARTS, Nasdaq's global market surveillance business and Bwise, the company's global risk and controls software business. 

The next is Nelson Griggs, appointed as the Executive Vice President for Nasdaq's Listing Services and would be reporting to Friedman. He is expected to assume the global leadership responsibility for the Listing Services group.

Griggs has been instrumental in Nasdaq's efforts to win many high-profile IPO's, and had a leading role in the development of the Nasdaq Private Market.

Bruce Aust, Executive Vice President and Global Head of Listing Services, is now the Vice Chairman of Nasdaq based in San Francisco, California. Aust has been influential in the firm's Listing Services business, working to serve Nasdaq's largest listed companies and prospects worldwide.

As for Bob McCooey, his position remained but assumed a new role of developing and leading new global key account management program. He is to work across the companu to target top clients and develop enhanced, high-touch sales and service model to further shepherd key client relationships.

Bob McCooey, Senior Vice President, will continue with his current leadership role within the Listing Services group, but will also assume a new role in developing and leading a new global key account management program. 

-- BERNAMA

NASDAQ ANNOUNCES LEADERSHIP APPOINTMENTS TO SUPPORT STRATEGIC GROWTH INITIATIVES ACROSS LISTINGS AND MARKET TECHNOLOGY BUSINESSES

Moves Aim to Broaden Full-Service Offering to Listed Companies, Corporate Clients and Exchanges Globally

KUALA LUMPUR, Oct 14 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced a series of leadership appointments across the company's Listing Services and Market Technology businesses. The moves are designed to align leadership responsibility with areas of strategic growth potential, enabling the company to further broaden and deepen client relationships across the world. Lars Ottersgård and Nelson Griggs will be promoted to Executive Vice President of the firm's Market Technology and Listing Services businesses, respectively. Other leadership moves include Bruce Aust, who has been elevated to Vice Chairman, Listing Services and Bob McCooey, who has taken on the development of a new global key account management program. These leadership changes are effective immediately.

"The appointment of these individuals is representative of the strong leadership ethos that is central to Nasdaq culture, always allowing us to manage our business for long-term success," said Adena Friedman, President, Nasdaq Capital Access, Technology & Insights. "Our business has grown and diversified considerably over the past few years, and it is critical that our leadership is aligned to maximize the growth opportunities inherent across the business."

http://mrem.bernama.com/viewsm.php?idm=23160

Wednesday, October 15, 2014

NACD MENGGALAKKAN LEMBAGA UNTUK MEMIKIRKAN SEMULA LAPORAN PEMBANGUNAN STRATEGI

Blue Ribbon Commission yang Menyarankan Pengarah-Pengarah Korporat Melibatkan Diri Lebih Awal dan Secara Berterusan dalam Dialog mengenai Strategi


KUALA LUMPUR, 14 Okt (Bernama) -- Persatuan Pengarah-Pengarah Korporat Kebangsaan (National Association of Corporate Directors, NACD) hari ini mengumumkan pelancaran Laporan NACD Blue Ribbon Commission mengenai Pembangunan Strategi.

Laporan tersebut memberi penekanan pada pengarah-pengarah korporat supaya tidak membataskan penglibatan mereka dalam pembangunan strategi setakat perbincangan tahunan pihak pengurusan atau situasi krisis. Ia mencadangkan bahawa pengarah-pengarah perlu mengiktiraf penglibatan lembaga mengenai strategi adalah proses yang berterusan, dan mana-mana isu yang berkaitan dengan strategi perlu diberi tumpuan utama dalam aktiviti lembaga sepanjang tahun.

For full text: http://mrem.bernama.com/mrembm/viewsm.php?idm=7364

NACD鼓勵董事會重新考慮戰略發展

藍帶委員會報告建議企業董事應於早期及持續參與戰略對話

KUALA LUMPUR,2014年10月14日 (Bernama) -- 全美企業董事聯合會 (NACD)今日宣佈發佈NACD藍帶委員會關於戰略發展的報告。

報告強調企業董事不應局限於僅在與管理層進行年度討論或在危機發生時參與戰略發展。 報告建議董事應意識到董事會參與戰略是一個持續的過程,戰略相關的問題應於年度董事會活動集中討論。

「董事會必須預料到公司在其生命週期的某個點需要對其當時的戰略進行修改,」 Frontier Communications Corp 的主席兼首席執行官;Xerox Corp、Procter & Gamble、The Committee of 200董事;促進人;及委員會共同主席Maggie Wilderotter說道。  「理解戰略背後的假設以及辨識出他們何時不再有效將有助於董事成功領導變動期間。」

 NACD藍帶委員會關於戰略發展的報告討論了董事會應重新評估他們該如何在戰略中達成自己職能的原因,並提供了董事會於早期參與公司戰略制定的框架和改變董事會與管理層關於戰略對話規律的建議。 此外,報告陳述了董事會在哪些方面須付諸行動以支持持續監督戰略發展、執行、進程修正和相關信息和控制系統。

For full text: http://mrem.bernama.com/viewsm.php?idm=23157

NACD ENCOURAGES BOARDS TO RETHINK STRATEGY DEVELOPMENT

Blue Ribbon Commission Report Recommends That Corporate Directors Engage Early and Continually in Dialogue on Strategy

KUALA LUMPUR, Oct 14 (Bernama) -- The National Association of Corporate Directors (NACD) today announced the release of the Report of the NACD Blue Ribbon Commission on Strategy Development. 

The report emphasizes that corporate directors should not limit their engagement in strategy development to annual discussions with management or crisis situations. It recommends that directors recognize that board engagement on strategy is a continual process, and issues related to strategy should be the central focus of board activity year-round.

"Boards must expect that the company will need to make alterations to its current strategy at some point in its life cycle," said Maggie Wilderotter, chairman and CEO, Frontier Communications Corp.; director, Xerox Corp., Procter & Gamble, The Committee of 200; Catalyst; and co-chair of the commission. "Understanding the assumptions underlying the strategy and recognizing when they are no longer valid will help directors successfully lead through periods of change."

For full text: http://mrem.bernama.com/viewsm.php?idm=23156

Thursday, October 9, 2014

Parents dilemma and Tips!

Parents dilemma

Many parents are unaware who are their children befriending with on social networking sites and wonder why do their children spending too much time accessing the Internet, instead of doing school revision or homework.

The issue of cybercrime would be able to drag every individual from all walks of life regardless of children, adolescents and adults to the brink of concern. This issue need parents to monitor their children activities to ensure their safety and nothing negative would happen to them.

The increasing of cybercrime cases is worrying with statistics showing up to 88 per cent in 2012 compare to only 8,090 cases in previous year. An average of about 90 per cent from 8.5 children and teenagers aged five to eight years old are easily exposed to negative cyber phenomenon. The issue gets worsen as 94 per cent of Internet users in Malaysia are teenagers.

When talking about getting onto online, it can be accessed by using Internet that connected to computers. With the new technology revolution, to get onto online is much easier and convenience by using mobile devices such as laptop, smart mobile phone and iPad.

In this mobile world, children have the opportunities to get online from home and school through their mobile phones and games consoles. The Internet is being said can be of great benefit to children as a tool to help them with their homework and to connect with old and new friends. 

However, the Internet can also pose risks to our children. It is crucial to be aware of the dangers our children being exposed to and to know how to keep our child safe online.

Children must be able to show their parents what they do online and how it works. It is important for parents and guidance to have an understanding of the internet, how our children use it and the terminology used online. We must observe our children activities and who are people that they friend with.

Tips to help keep your child safe online:
  • talk to your child about the dangers posed by the internet
  • tell them what they should do if they become worried or concerned
  • explain that anything shared online or by mobile phone could end up being seen by anyone
  • understand what your child does online and know which websites they visit
  • put the computer where the whole family can see it, not out of sight in a bedroom use filtering software to block inappropriate sites 
  • propose safe websites where children can seek advice and guidance such as   http://www.unicef.org/malaysia/