Tuesday, August 30, 2016
47 Representatives From 25 Ministries To Participate In CDC's Nemo Programme
In a
statement today, E-commerce service provider, Commerce Dot Com Sdn Bhd (CDC)
said the two-day programme will be held in Pulau Redang, Terengganu from Sept
2, 2016.
Monday, August 29, 2016
ISETAN MITSUKOSHI GROUP TO OPEN NEW SPECIALTY STORE "ISETAN THE JAPAN STORE KUALA LUMPUR" IN MALAYSIA, INTRODUCING GENUINE JAPANESE QUALITY, LIFESTYLES AND AESTHETICS
TOKYO, Aug. 29, 2016 /Kyodo JBN-AsiaNet/ --
The Isetan Mitsukoshi Group, supported by the government-financed Cool Japan Fund Inc., will open a new specialty store, "ISETAN The Japan Store Kuala Lumpur," in Malaysia at the end of October 2016. As global interest in Japan continues to grow, we are pleased to introduce Japanese history, culture, technology, diversity and lifestyle designs. The new store will deliver Japanese lifestyles and aesthetics to customers. We will bring not only the best of Japan, but authentic Japanese experiences as well. http://mrem.bernama.com/viewsm.php?idm=27423 |
Saturday, August 27, 2016
HEMISPHERX BIOPHARMA ANNOUNCES MAJOR BREAKTHROUGH: APPROVAL FOR COMMERCIAL SALE OF RINTATOLIMOD (U.S. TRADENAME: AMPLIGEN(R)) TO TREAT SEVERE CASES OF MYALGIC ENCEPHALOMYELITIS/CHRONIC FATIGUE SYNDROME (ME/CFS) IN THE ARGENTINE REPUBLIC
First Product Approved for ME/CFS Indication Anywhere in the World
Breakthrough Approval Provides Clear Path for Growth in Latin America and the European Union
PHILADELPHIA, Aug 26 (Bernama-GLOBE NEWSWIRE) -- Hemispherx Biopharma, Inc. (NYSE:HEB) (the “Company” or “Hemispherx”), announced that it has received approval of its New Drug Application (NDA) from Administracion Nacional de Medicamentos, Alimentos y Tecnologia Medica (ANMAT) for commercial sale of rintatolimod (U.S. tradename: Ampligen®) in the Argentine Republic for the treatment of severe myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS). The product will be marketed by GP Pharm, Hemispherx’s commercial partner in Latin America. We believe that rintatolimod is the first drug to receive approval for this indication anywhere in the world. We also believe that there are no other products in the pipeline for approval, worldwide, for this debilitating disease. A copy of the official approval from ANMAT, translated in English, is available on the Company’s website athttp://ir.hemispherx.net/Events_Presentations.
The approval was based on submission of two pivotal studies, AMP-502 and AMP-516. Safety data also included additional CFS and non-CFS studies for a total of over 800 subjects including over 100 subjects with severe CFS who received Ampligen® for one year or longer. Several post-approval activities are required to be completed before product launch, including manufacturing site inspections and reimbursement evaluation by the Health Services Authority (SSS), the central health authority in Argentina. “Working closely with our partner in this effort, GP Pharm, our team at Hemispherx addressed all medical and scientific issues presented by ANMAT and deserves great credit for this major success. At Hemispherx, we may be small by big pharma standards, but our commitment to addressing this dire unmet medical need makes us mighty,” stated Hemispherx CEO Tom Equels.
Breakthrough Approval Provides Clear Path for Growth in Latin America and the European Union
PHILADELPHIA, Aug 26 (Bernama-GLOBE NEWSWIRE) -- Hemispherx Biopharma, Inc. (NYSE:HEB) (the “Company” or “Hemispherx”), announced that it has received approval of its New Drug Application (NDA) from Administracion Nacional de Medicamentos, Alimentos y Tecnologia Medica (ANMAT) for commercial sale of rintatolimod (U.S. tradename: Ampligen®) in the Argentine Republic for the treatment of severe myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS). The product will be marketed by GP Pharm, Hemispherx’s commercial partner in Latin America. We believe that rintatolimod is the first drug to receive approval for this indication anywhere in the world. We also believe that there are no other products in the pipeline for approval, worldwide, for this debilitating disease. A copy of the official approval from ANMAT, translated in English, is available on the Company’s website athttp://ir.hemispherx.net/Events_Presentations.
The approval was based on submission of two pivotal studies, AMP-502 and AMP-516. Safety data also included additional CFS and non-CFS studies for a total of over 800 subjects including over 100 subjects with severe CFS who received Ampligen® for one year or longer. Several post-approval activities are required to be completed before product launch, including manufacturing site inspections and reimbursement evaluation by the Health Services Authority (SSS), the central health authority in Argentina. “Working closely with our partner in this effort, GP Pharm, our team at Hemispherx addressed all medical and scientific issues presented by ANMAT and deserves great credit for this major success. At Hemispherx, we may be small by big pharma standards, but our commitment to addressing this dire unmet medical need makes us mighty,” stated Hemispherx CEO Tom Equels.
Friday, August 26, 2016
CSX CYBER CHALLENGE TO BE HELD AT ISACA'S GLOBAL CSX CONFERENCES
Cybersecurity Competition Coming to Las Vegas,
London and Singapore
ROLLING MEADOWS, Ill., Aug 26 (Bernama-BUSINESS WIRE) -- Competitive games can drive innovation, improve performance, and showcase skills in a structured environment. To provide such opportunities, global IT and cybersecurity association ISACA and The Center for Infrastructure Assurance and Security (CIAS) will host new CSX Cyber Challenge competitions at ISACA’s upcoming CSX conferences around the world.
TOSHIBA LAUNCHES LOW-INPUT CURRENT DRIVE, RAIL-TO-RAIL OUTPUT, GATE-DRIVE PHOTOCOUPLERS
Low-height package products allow bufferless
direct drive of low-to-medium-power IGBTs and MOSFETs from microcontrollers
TOKYO, Aug 26 (Bernama-BUSINESS WIRE) -- Toshiba Corporation’s (TOKYO: 6502) Storage & Electronic Devices Solutions Company today announced the launch of a series of low-input current drive, rail-to-rail output, gate-drive photocouplers in a low-height package that allows bufferless direct drive of low- to medium-power IGBTs and MOSFETs from microcontrollers. Shipments of the three new products; “TLP5771”, “TLP5772” and “TLP5774” start from today.
ASPECT SOFTWARE INTRODUCES CHATBOT - "VIRTUAL ASSISTANT" TECHNOLOGY
- Chatbots designed with Aspect’s Natural Language Understanding (NLU) and integrated with agent-assisted service from the contact center gives consumers best of both worlds
-Aspect's Interactive Text Response (ITR) based self-service transforms customer interaction with two-way dialogue
SINGAPORE & KUALA LUMPUR, Aug 25 (Bernama-BUSINESS WIRE) -- Aspect Software, a leading provider of fully-integrated consumer engagement, workforce optimization, and self-service solutions, recently launched its Interactive Text Response (ITR) solution backed by Aspect’s Natural Language Understanding (NLU) to deliver automated customer service with a personal touch. Also known as “chatbots,” this “virtual assistant” technology provides the ability to interact with customers on messaging channels in a natural, conversational way.
The chatbots can engage consumers in a conversation to get more information when needed or complete multi-step transactions. And when agent assistance is needed, conversations can be transferred seamlessly with full contact center integration and appropriate routing to the right agent without the consumer needing to repeat themselves.
The chatbots can engage consumers in a conversation to get more information when needed or complete multi-step transactions. And when agent assistance is needed, conversations can be transferred seamlessly with full contact center integration and appropriate routing to the right agent without the consumer needing to repeat themselves.
A.M. BEST AFFIRMS RATINGS OF ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED
SINGAPORE, Aug 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial
strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Royal
Insurance Corporation of Bhutan Limited (RICB) (Bhutan). The outlook
for each rating is stable.
The rating affirmations reflect RICB’s adequate risk-adjusted capitalization, favorable operating performance and well-established presence in its domestic market. RICB maintains a dominant market profile as Bhutan’s only life insurer and also maintains a leading non-life market position with a two-thirds share of overall premium.
Thursday, August 25, 2016
FSI COATING TECHNOLOGIES LAUNCHES VISGARD PREMIUM ANTI-FOG COATING FOR PROTECTIVE EYEWEAR AND AUTOMOTIVE AND TRANSIT APPLICATIONS
IRVINE, Calif., Aug 25 (Bernama-GLOBE NEWSWIRE)
-- FSI Coating Technologies, Inc., a leader in high performance anti-fog coatings
today announced the launch of Visgard® Premium. With the addition of Visgard
Premium, three Visgard product line extensions now offer a greater range of
durability levels, product applications, and price points. These anti-fog
coatings transform the durability and appearance of protective eyewear, face
masks, shields, as well as interior headlamps and gauges for automotive and
transit applications.
SERVICESOURCE CELEBRATES EXPANSION OF ASIA-PACIFIC HEADQUARTERS IN SINGAPORE, INCREASES FOCUS ON REGIONAL MARKET OPPORTUNITIES
Expanded revenue delivery center will support regional companies pursuing accelerated international expansion and global revenue growth
SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- ServiceSource (NASDAQ:SREV), the global leader in customer success and revenue-as-a-service solutions, today announced it has relocated its Asia-Pacific headquarters in Singapore to a new, larger and more central location in Mapletree Business City 2. The company celebrated the grand opening of its new location with a ribbon-cutting, traditional Lion Dance ceremony, as well as a reception for company executives, employees, customers and local business leaders.
SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- ServiceSource (NASDAQ:SREV), the global leader in customer success and revenue-as-a-service solutions, today announced it has relocated its Asia-Pacific headquarters in Singapore to a new, larger and more central location in Mapletree Business City 2. The company celebrated the grand opening of its new location with a ribbon-cutting, traditional Lion Dance ceremony, as well as a reception for company executives, employees, customers and local business leaders.
KEIO PLAZA HOTEL TOKYO HOLDS "SPORTS NEWS PHOTOGRAPH EXHIBITION"
Capturing the Excitement of Global Sports in Summer 2016 and Introducing Precious Episode of Muhammad Ali
TOKYO, Aug 24 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo (KPH), one of Japan's most prestigious international hotels located in Shinjuku, Tokyo, will jointly host a photographic exhibition celebrating sports entitled "Athletes Competing in the Global Arena - Sports News Photograph Exhibition 2016" with The Mainichi Newspapers Co., Ltd. and The Sports Nippon Newspapers Co., Ltd. from September 1st to November 14th, 2016. This complimentary exhibition will display about 50 photographs taken by news photographers depicting athletes competing in various global sporting events in the lobby areas of our hotel. In addition to this photographic exhibition, a special section will be created in memory of Muhammad Ali, one of the world's most famous professional boxers who passed away in June, to display various photographs including scenes from his visit to Japan to fight Antonio Inoki, one of Japan's most famous professional wrestlers, in 1976.
TOKYO, Aug 24 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo (KPH), one of Japan's most prestigious international hotels located in Shinjuku, Tokyo, will jointly host a photographic exhibition celebrating sports entitled "Athletes Competing in the Global Arena - Sports News Photograph Exhibition 2016" with The Mainichi Newspapers Co., Ltd. and The Sports Nippon Newspapers Co., Ltd. from September 1st to November 14th, 2016. This complimentary exhibition will display about 50 photographs taken by news photographers depicting athletes competing in various global sporting events in the lobby areas of our hotel. In addition to this photographic exhibition, a special section will be created in memory of Muhammad Ali, one of the world's most famous professional boxers who passed away in June, to display various photographs including scenes from his visit to Japan to fight Antonio Inoki, one of Japan's most famous professional wrestlers, in 1976.
VITAL EXPLORING APPLICATION OF MICROSOFT HOLOLENS WITHIN ITS ENTERPRISE VISUALISATION SOLUTION
Targeting the next generation of clinical user experience
MINNEAPOLIS, Aug 25 (Bernama-GLOBE NEWSWIRE) -- Vital Images, Inc. (Vital), a Minneapolis-based advanced medical imaging and informatics company, is pleased to present a sneak preview of holographic computing with its VitreaView® enterprise imaging solution at the HIMSS Asia Pacific annual conference in the Vital booth (#412), 23-26 August in Bangkok, Thailand. Vital is exploring the potential application of the Microsoft HoloLens as an extension of its enterprise visualisation solution, including the company's VitreaView and Vitrea® Advanced Visualisation software.
Microsoft describes HoloLens as "the first fully self-contained, holographic computer, enabling you to interact with high‑definition holograms in your world." Introducing this type of virtual interaction to healthcare presents a range of potential possibilities in providing clinicians an immersive view of a patient’s anatomy, while extending that visibility to remote team members, consulting physicians or healthcare informatics partners:
MINNEAPOLIS, Aug 25 (Bernama-GLOBE NEWSWIRE) -- Vital Images, Inc. (Vital), a Minneapolis-based advanced medical imaging and informatics company, is pleased to present a sneak preview of holographic computing with its VitreaView® enterprise imaging solution at the HIMSS Asia Pacific annual conference in the Vital booth (#412), 23-26 August in Bangkok, Thailand. Vital is exploring the potential application of the Microsoft HoloLens as an extension of its enterprise visualisation solution, including the company's VitreaView and Vitrea® Advanced Visualisation software.
Microsoft describes HoloLens as "the first fully self-contained, holographic computer, enabling you to interact with high‑definition holograms in your world." Introducing this type of virtual interaction to healthcare presents a range of potential possibilities in providing clinicians an immersive view of a patient’s anatomy, while extending that visibility to remote team members, consulting physicians or healthcare informatics partners:
NATURE & FUTURE INC. LAUNCHES ECO-FRIENDLY ORGANIC FARMING MATERIALS IN SOUTHEAST ASIAN MARKETS
JEOLLANAM-DO, South Korea, Aug 24 (Bernama-BUSINESS WIRE) -- Nature & Future Inc. (CEO: Mae-ho Park) (www.nfagro.co.kr), an innovative Korean company specializing in eco-friendly organic farming materials, is entering Southeast Asian markets with a wide array of organic products, including “MyeolchungDaejang Gold,” a Green Technology product for control of chestnut pests.
“MyeolchungDaejang Gold” is the first of its kind in Korea to win Green Technology quality certification from the government. Its outstanding quality was recognized by two Korean cities, Gwangyang and Suncheon, which decided to use it this year to protect their chestnut trees from insects and disease pests.
http://mrem.bernama.com/viewsm.php?idm=27385http://mrem.bernama.com/mrembm/viewsm.php?idm=9235
Wednesday, August 24, 2016
NIKE LAUNCHES NEW NIKE+ RUN CLUB APP
New Innovations in Adaptive Coaching, Expert Guidance and Unrivaled Motivation Make it the Perfect Running Partner
BEAVERTON, Ore., Aug 23 (Bernama-BUSINESS WIRE) -- NIKE, Inc. (NYSE: NKE) today launched a significant update to its popular new Nike Run Club app, which gives athletes access to a new adaptive coaching feature, expert guidance from the world's best athletes and coaches and unrivaled motivation and community - all designed to make running easier and a lot more fun.
"Through the new Nike Run Club app, we're serving a running community that spans the globe with the most innovative and personalized experiences we've ever offered to runners," said Nikki Neuburger, VP, Global Running Brand. "We've thoughtfully considered and updated how we surround runners with everything and everyone they need to reach their full potential and have more fun with the sport, from coaching plans that adapt to meet their needs, to inspiration, motivation and a community of million to run with."
BEAVERTON, Ore., Aug 23 (Bernama-BUSINESS WIRE) -- NIKE, Inc. (NYSE: NKE) today launched a significant update to its popular new Nike Run Club app, which gives athletes access to a new adaptive coaching feature, expert guidance from the world's best athletes and coaches and unrivaled motivation and community - all designed to make running easier and a lot more fun.
"Through the new Nike Run Club app, we're serving a running community that spans the globe with the most innovative and personalized experiences we've ever offered to runners," said Nikki Neuburger, VP, Global Running Brand. "We've thoughtfully considered and updated how we surround runners with everything and everyone they need to reach their full potential and have more fun with the sport, from coaching plans that adapt to meet their needs, to inspiration, motivation and a community of million to run with."
GORDAGEN RECEIVES AUD$1.3 MILLION R&D TAX INCENTIVE
MELBOURNE, Australia, Aug 24 (Bernama-AsiaNet) --
* Refund based on AUD$2.8 million in eligible R&D spending used to advance the Company's development programs.
* Two nutraceutical products currently being prepared for US launch by end of 2016.
Gordagen Pharmaceuticals, a private Australian company developing biopharmaceuticals and nutraceuticals based on the medicinal properties of tocotrienols, is pleased to announce it has received a Research and Development Tax Incentive Refund of AUD$1.3 million for the 2015/2016 financial year.
* Refund based on AUD$2.8 million in eligible R&D spending used to advance the Company's development programs.
* Two nutraceutical products currently being prepared for US launch by end of 2016.
Gordagen Pharmaceuticals, a private Australian company developing biopharmaceuticals and nutraceuticals based on the medicinal properties of tocotrienols, is pleased to announce it has received a Research and Development Tax Incentive Refund of AUD$1.3 million for the 2015/2016 financial year.
Tuesday, August 23, 2016
MERCHANT BANK OF SRI LANKA CHOOSES FISERV FOR NEW CORE BANKING AND FRONT-END TELLER SYSTEMS
Bank to implement Fiserv solutions to facilitate the delivery of financial services that are in step with how people live today
SINGAPORE & BROOKFIELD, Wis., Aug 22 (Bernama-BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Merchant Bank of Sri Lanka & Finance PLC (MBSL) has selected the Signature®core account processing platform and Teller front-end teller system from Fiserv.
In January 2015, the MBSL PLC finance company, Sri Lanka’s pioneer merchant bank, merged with two subsidiaries, MBSL Savings Bank Limited and MCSL Financial Services Ltd. With the merger, the branch network grew from 30 to 49 branches with an increase to 100,000 customer accounts. In order to support this larger branch network and customer base, MBSL needed technology that was flexible, scalable and stable. The company chose Fiserv solutions to help streamline operations and simplify customer management and support.
In January 2015, the MBSL PLC finance company, Sri Lanka’s pioneer merchant bank, merged with two subsidiaries, MBSL Savings Bank Limited and MCSL Financial Services Ltd. With the merger, the branch network grew from 30 to 49 branches with an increase to 100,000 customer accounts. In order to support this larger branch network and customer base, MBSL needed technology that was flexible, scalable and stable. The company chose Fiserv solutions to help streamline operations and simplify customer management and support.
WORLD EXPERTS IN MANAGING WORKERS WITH INJURIES OR ILLNESSES TO MEET AT THE INTERNATIONAL FORUM ON DISABILITY MANAGEMENT 2016, KUALA LUMPUR FROM 22-24 NOVEMBER 2016
KUALA LUMPUR, Aug 23 (Bernama) -- For the first time in Asia, Kuala Lumpur, Malaysia – A City of Contrasts & Diversity, will play host to the International Forum on Disability Management 2016(IFDM). Building on the successful International Forums on Disability Management held in Canada in 2002, the Netherlands in 2004, Australia in 2006, Germany in 2008, Los Angeles in 2010, London in 2012 and Melbourne in 2014, the torch has now been transferred to Social Security Organisation, Malaysia (SOCSO) to organise this very important and significant event that shall take place at the Kuala Lumpur Convention Centre from 22nd – 24th November 2016.
The IFDM is a biennial event and the only global conference dedicated to in-depth discussion of problems, trends, and best practices in disability management is a catalyst in addressing issues of disability on a world stage. The IFDM 2016 in Kuala Lumpur will feature more than 100 papers presented by experts of Disability Management from across the globe comprising of the medical, allied health, human resource management and research fraternity giving the conference a broad range of flavors that is sure to please the target audience.
http://mrem.bernama.com/viewsm.php?idm=27380
The IFDM is a biennial event and the only global conference dedicated to in-depth discussion of problems, trends, and best practices in disability management is a catalyst in addressing issues of disability on a world stage. The IFDM 2016 in Kuala Lumpur will feature more than 100 papers presented by experts of Disability Management from across the globe comprising of the medical, allied health, human resource management and research fraternity giving the conference a broad range of flavors that is sure to please the target audience.
http://mrem.bernama.com/viewsm.php?idm=27380
VITAL TO SHOWCASE ENTERPRISE INTEROPERABILITY FOR IMPROVED CLINICAL CARE AND BUSINESS INTELLIGENCE AT HIMSS ASIA PACIFIC
MINNEAPOLIS, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Vital Images, Inc. (Vital), a Minneapolis-based advanced medical imaging and informatics company, will feature its enterprise interoperability solutions at the HIMSS Asia Pacific annual conference in booth 412, 23-26 August in Bangkok, Thailand. Vital’s healthcare imaging informatics (HII) solutions for enterprise interoperability and connectivity help healthcare organisations improve clinical care and business intelligence with complete imaging informatics, including flexible deployment of advanced visualisation, enterprise-wide viewing, scalable image management and operational analytics.
HII’s enterprise interoperability solution-set helps providers improve both clinical care and operational outcomes with image management and business intelligence solutions that utilise a scalable platform and can be implemented within existing infrastructure. Flexible deployment options offer customers superior choice and control in patient care and resource planning.
http://mrem.bernama.com/viewsm.php?idm=27379
HII’s enterprise interoperability solution-set helps providers improve both clinical care and operational outcomes with image management and business intelligence solutions that utilise a scalable platform and can be implemented within existing infrastructure. Flexible deployment options offer customers superior choice and control in patient care and resource planning.
http://mrem.bernama.com/viewsm.php?idm=27379
XURA ANNOUNCES COMPLETION OF ACQUISITION BY AFFILIATES OF SIRIS CAPITAL GROUP, LLC
WAKEFIELD, Mass., Aug 22 (Bernama-GLOBE NEWSWIRE) -- Xura, Inc. (NASDAQ:MESG), a leading provider of digital communications services, today announced the completion of its acquisition by affiliates of Siris Capital Group, LLC (“Siris” or “Siris Capital”) in a transaction reflecting an equity value of approximately $643 million.
The transaction, which was initially announced on May 23, 2016, was approved by a majority of Xura’s shareholders on August 16, 2016. In connection with the closing of the transaction, the company, which will continue to operate as Xura Inc., will be wholly owned by affiliates of Siris Capital.
http://mrem.bernama.com/viewsm.php?idm=27371
The transaction, which was initially announced on May 23, 2016, was approved by a majority of Xura’s shareholders on August 16, 2016. In connection with the closing of the transaction, the company, which will continue to operate as Xura Inc., will be wholly owned by affiliates of Siris Capital.
http://mrem.bernama.com/viewsm.php?idm=27371
Monday, August 22, 2016
7,000 CELEBRATE BULAN KEBANGSAAN IN MYBUDDIES RUN #SEHATISEJIWA
CYBERJAYA, Aug 22
(Bernama) -- In
conjunction with National Day celebration, the Ministry of Communications and
Multimedia Malaysia (KKMM) and MYNIC have organized a running event at national
level – myBuddies Run #sehatisejiwa. The event had gathered 7,000 people of
various backgrounds from all over the country.
The myBuddies Run #sehatisejiwa is a continuation from the previous Larian Sehati Sejiwa held in 2015. The event was attended by YB Datuk Seri Dr. Salleh Said Keruak, Minister of KKMM, YBhg. Dato’ Sri Dr. Sharifah Zarah Syed Ahmad, Secretary General of KKMM, YBhg Datuk Bridget Lai, Chairman of MYNIC and YBhg. En. Hasnul Fadhly Hasan, Chief Executive Officer of MYNIC.
A.M. BEST AFFIRMS RATINGS OF TOKIO MARINE & NICHIDO FIRE INSURANCE CO., LTD. AND ITS SUBSIDIARY, TOKIO MARINE PACIFIC INSURANCE LIMITED
HONG KONG, Aug 22 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the issuer credit rating (ICR) of “aa+” of Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF) (Japan). A.M. Best also has affirmed the FSR of A+ (Superior) and the ICR of “aa-” of TMNF’s subsidiary, Tokio Marine Pacific Insurance Limited (TMPI) (Guam). The outlook for each of these ratings remains stable.
The rating affirmations reflect TMNF’s strong risk-adjusted capitalization, track record of favorable operating performance and strong business profile. TMNF’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained strong to support the company’s current rating despite the decrease over the past year mainly due to the sizeable increase in goodwill related to the acquisition of HCC Insurance Holdings, Inc. (HCC) (U.S.), in 2015.
http://mrem.bernama.com/viewsm.php?idm=27369
The rating affirmations reflect TMNF’s strong risk-adjusted capitalization, track record of favorable operating performance and strong business profile. TMNF’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained strong to support the company’s current rating despite the decrease over the past year mainly due to the sizeable increase in goodwill related to the acquisition of HCC Insurance Holdings, Inc. (HCC) (U.S.), in 2015.
http://mrem.bernama.com/viewsm.php?idm=27369
Friday, August 19, 2016
Management Accountants In Singapore Enjoy Good Earnings, Says CIMA
SINGAPORE, Aug 15 (Bernama) -- The Chartered Institute of Management Accountants' (CIMA) Annual Salary Survey revealed that average annual earning among qualified members here reached S$189,904 (S$1 = RM2.99) in 2016 and nearly half of its members were satisfied with their salaries.
In a statement today, CIMA said, the survey found that students in the process of gaining their CIMA qualifications received an average annual salary of S$86,778, translating into a monthly average of S$7,231.
It said the survey also showed that members and students here were positive about their salary development, with 94 per cent of the members and 96 per cent of students expecting an increase in the next 12 months.
On average, members expected their salaries to rise by 5.4 per cent, while students were more optimistic with an average anticipated rise of seven per cent, it said.
CIMA said on top of base salaries, members here who received a bonus (89 per cent) expected to receive, on average, 14 per cent of their annual salary, although 36 per cent anticipated a bonus of 20 per cent of their salary.
Meanwhile, students who received a bonus (85 per cent) expected an average of 12 per cent of their annual salary as bonus in 2016, it said.
The association said about 56 per cent of its members and 50 per cent of CIMA students here were likely to switch jobs and join a different organisation within the next two years.
"Financial reward is the main motivator (above 60 per cent), followed by scope of job role (above 50 per cent).
"For members, 30 per cent also cited job security as a possible reason for wanting to change jobs while 42 per cent of students cited challenging workload as a reason for change.
"Members and students also mentioned training and skills as a possible reason for switching businesses," it said.
CIMA South-East Asia Head, Shavonne Sim, said management accountants enjoyed good earnings, revealing their enduring value to businesses.
"This is a reflection of the importance of their skillset - they have an ability to help drive good decisions in the short, medium and long term, and help business leaders generate value," Sim said.
-- BERNAMA
In a statement today, CIMA said, the survey found that students in the process of gaining their CIMA qualifications received an average annual salary of S$86,778, translating into a monthly average of S$7,231.
It said the survey also showed that members and students here were positive about their salary development, with 94 per cent of the members and 96 per cent of students expecting an increase in the next 12 months.
On average, members expected their salaries to rise by 5.4 per cent, while students were more optimistic with an average anticipated rise of seven per cent, it said.
CIMA said on top of base salaries, members here who received a bonus (89 per cent) expected to receive, on average, 14 per cent of their annual salary, although 36 per cent anticipated a bonus of 20 per cent of their salary.
Meanwhile, students who received a bonus (85 per cent) expected an average of 12 per cent of their annual salary as bonus in 2016, it said.
The association said about 56 per cent of its members and 50 per cent of CIMA students here were likely to switch jobs and join a different organisation within the next two years.
"Financial reward is the main motivator (above 60 per cent), followed by scope of job role (above 50 per cent).
"For members, 30 per cent also cited job security as a possible reason for wanting to change jobs while 42 per cent of students cited challenging workload as a reason for change.
"Members and students also mentioned training and skills as a possible reason for switching businesses," it said.
CIMA South-East Asia Head, Shavonne Sim, said management accountants enjoyed good earnings, revealing their enduring value to businesses.
"This is a reflection of the importance of their skillset - they have an ability to help drive good decisions in the short, medium and long term, and help business leaders generate value," Sim said.
-- BERNAMA
JAPAN NATIONAL TOURISM ORGANIZATION OPENS "JAPAN ON-LINE MEDIA CENTER"
TOKYO, Aug. 19, 2016 /Kyodo JBN-AsiaNet/ --
- Media Platform Designed Specifically to Distribute Photos and Videos of Japan for Overseas Media -
The Japan National Tourism Organization opened the "Japan On-line Media Center"
(https://jomc.jnto.go.jp/) on August 19, 2016.
(Photo1:
http://prw.kyodonews.jp/prwfile/release/M103968/201608173415/_prw_OI1fl_0Na4eRkq.jpg)
The Japan On-line Media Center (JOMC) is a media platform designed specifically to distribute information for media. With a database of over 7,000 photos and videos, JOMC offers an exceptional tool for overseas media creating tourism content for Japan.
A.M. BEST AFFIRMS RATINGS OF PVI INSURANCE CORPORATION
SINGAPORE, Aug 19 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of B++
(Good) and the issuer credit rating (ICR) of “bbb” of PVI Insurance
Corporation (PVI Insurance) (Vietnam). The outlook for the FSR remains
stable, while the outlook for the ICR remains positive.
The rating affirmations reflect PVI Insurance’s strong risk-adjusted capitalization, favorable business profile in Vietnam’s non-life insurance market and good operating performance.
NASDAQ EXTENDS MARKET SURVEILLANCE CONTRACT WITH BM&FBOVESPA
The exchange groups renew their partnership to
continue fighting market abuse and increase transparency in the Brazilian
market
NEW YORK and SAO PAULO, Brazil, Aug 19 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) has announced today the extension of their contract regarding BM&FBOVESPA’s – the largest stock exchange in Latin America – use of the SMARTS Market Surveillance platform across Brazil's equities, commodities and futures markets.
A.M. BEST AFFIRMS RATINGS OF PVI REINSURANCE JOINT-STOCK CORPORATION
SINGAPORE, Aug 19 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of PVI Reinsurance Joint-stock Corporation (PVI Re) (Vietnam). The outlook for each rating remains positive.
The rating affirmations reflect PVI Re’s adequate risk-adjusted capitalization, favorable operating results and good business profile.
http://mrem.bernama.com/viewsm.php?idm=27362
The rating affirmations reflect PVI Re’s adequate risk-adjusted capitalization, favorable operating results and good business profile.
http://mrem.bernama.com/viewsm.php?idm=27362
Thursday, August 18, 2016
ACCA: SUSTAINABLE COMPANIES ARE BETTER POSITIONED TO ATTRACT INVESTORS AND REAP BENEFITS
The ACCA MaSRA 2016 aligns to new requirements by Bursa Malaysia
KUALA LUMPUR, Aug 18 (Bernama) -- Sustainability practices and reporting in Malaysia is becoming a mainstream exercise within Corporate Malaysia, with many companies reaping the benefits that come with it, said ACCA (the Association of Chartered Certified Accountants).
According to the Head of ACCA Malaysia, David Chin, there has been an unprecedented wave of activity to recalibrate businesses' processes, behaviours and reporting towards a sustainable future.
KUALA LUMPUR, Aug 18 (Bernama) -- Sustainability practices and reporting in Malaysia is becoming a mainstream exercise within Corporate Malaysia, with many companies reaping the benefits that come with it, said ACCA (the Association of Chartered Certified Accountants).
According to the Head of ACCA Malaysia, David Chin, there has been an unprecedented wave of activity to recalibrate businesses' processes, behaviours and reporting towards a sustainable future.
INDIA - PROMISING MARKET FOR MALAYSIAN TIMBER
KUALA LUMPUR, Aug 18 (Bernama) -- The Malaysian Timber Council (MTC) will be organizing a marketing mission to Chennai and Bangalore, India, from 21 to 27 August 2016.
MTC Chief Executive Officer Datuk Dr Abdul Rahim Nik will lead a delegation comprising 19 Malaysian timber product exporters to India. Eleven of the 19 manufacturers are first-time participants of this marketing mission.
MTC Chief Executive Officer Datuk Dr Abdul Rahim Nik will lead a delegation comprising 19 Malaysian timber product exporters to India. Eleven of the 19 manufacturers are first-time participants of this marketing mission.
NIPPON PAINT BAGS THIRD AWARD FOR THIS YEAR
|
KUALA LUMPUR, Aug 17 (Bernama) -- Nippon Paint Malaysia Group (Nippon Paint)
celebrates its third industry win this year after being conferred with Silver Award under Home Improvement Category for Putra Brand Awards 2016 held here recently. Its group managing director, Yaw Seng Heng said the triple wins for Nippon Paint marked the high magnitude of trust and acknowledgement that would make Malaysia's leading coating expert to strive even harder. "This truly recognises our ever-dedicated team that has continuously stayed focused in two key areas, (namely) innovation and our customer. "Moving forward, in living our mantra as 'The Coatings Expert', we will continue to place strong emphasis in research and development activities and introduce new innovative coatings, in both the functional as well as aesthetic categories to serve the needs of our consumers," he said in a statement here today. Earlier this year, Nippon Paint was conferred with the Platinum Award, the highest recognition under the Paint category for the Reader’s Digest Trusted Brands Award Malaysia 2016, which also marked its 11th year in winning this award since 2006. Nippon Paint was also awarded the Paint Company of the Year 2016 and New Product Innovation Leadership Award 2016 by Frost & Sullivan which recognised its efforts to always push the boundaries when it comes to colours and product innovation. -- BERNAMA |
PWC'S 25 FASTEST GROWING CLOUD COMPANIES SIGNAL SOFTWARE CLIMATE CHANGE
First-time ranking shows opportunities and obstacles facing software vendors
NEW YORK, Aug 18 (Bernama-GLOBE NEWSWIRE) -- With cloud computing rapidly reshaping the software industry, PwC has ranked the 25 Fastest Growing Cloud Companies to help understand what drives success when vendors move to the cloud.
Released as part of PwC’s Global 100 Software Leaders research report, this first-time cloud-specific ranking suggests that no one type of company has the secret formula for success in the cloud.
http://mrem.bernama.com/viewsm.php?idm=27350
NEW YORK, Aug 18 (Bernama-GLOBE NEWSWIRE) -- With cloud computing rapidly reshaping the software industry, PwC has ranked the 25 Fastest Growing Cloud Companies to help understand what drives success when vendors move to the cloud.
Released as part of PwC’s Global 100 Software Leaders research report, this first-time cloud-specific ranking suggests that no one type of company has the secret formula for success in the cloud.
http://mrem.bernama.com/viewsm.php?idm=27350
"JUST DO IT - NIKE UNLIMITED CAMPAIGN" CONTINUES TO INSPIRE ATHLETES EVERYWHERE TO PUSH BEYOND THEIR LIMITS WITH DEBUT OF "UNLIMITED WILL"
The campaign, which has struck a chord worldwide
with nearly 300 million views to date highlights quadruple amputee Kyle Maynard
in final installment
BEAVERTON, Ore., Aug 18 (Bernama-BUSINESS WIRE) -- NIKE, Inc. (NYSE:NKE) today unveiled the final film in its powerful and globally reaching “Just Do It – Nike Unlimited Campaign” which showcases how unlimited determination can overcome the toughest of challenges.
A.M. BEST REMOVES FROM UNDER REVIEW AND AFFIRMS RATINGS OF HYUNDAI INSURANCE (CHINA) CO., LTD.
HONG KONG, Aug 18 (Bernama-BUSINESS WIRE) -- A.M. Best has removed from under review with negative implications and
affirmed the financial strength rating of B++ (Good) and the issuer credit
rating of “bbb” of Hyundai Insurance (China) Co., Ltd. (HIC)
(China). The outlook assigned to each rating is negative.
The rating actions reflect HIC’s adequate risk-adjusted capitalization, which has recovered over the past six months with credit risk decreasing on the progress in settling claims related to the Aug.12, 2015, Tianjin Port explosions. In addition, HIC receives a wide range of support from its parent company, Hyundai Marine & Fire Insurance Co., Ltd., which is currently working on a recapitalization plan for HIC.
Wednesday, August 17, 2016
HONOR DRIVES GLOBAL SMARTPHONE GROWTH WITH THE LAUNCH OF HONOR 8
New Honor 8
flagship phone strengthens Honor’s global presence and introduces global
ambassador, Brooklyn Beckham
SAN FRANCISCO, Aug 17 (Bernama-BUSINESS WIRE) -- Today at the California Academy of Sciences, Honor, a global smartphone brand targeted towards millennial consumers, launched the new Honor 8, Honor’s flagship smartphone for young mobile natives in search of the extraordinary. In addition, Brooklyn Beckham was announced as the Honor global ambassador, releasing his documentary-style film.
DATACOLOR® RELEASES SPYDER®5CAPTURE PRO, THE COMPLETE COLOR CALIBRATION SOLUTION FOR IMAGING PROFESSIONALS
LAWRENCEVILLE,
N.J., Aug 17 (Bernama-BUSINESS WIRE) --
Datacolor®, a global leader in color management solutions, today announced
the release of Spyder®5CAPTURE PRO, the next generation of its
popular color calibration solutions for photographers, designers and imaging
professionals. Spyder5CAPTURE PRO features all the essential products needed to
manage color from image capture to post production, including SpyderLENSCAL,SpyderCHECKR, SpyderCUBE, and Spyder5ELITE.
GRID2020 AND SMUD TAG TEAM POWER THEFT
Intra-Grid Sensors
Identify Nearly $400K of Illicit Activity
RICHMOND, Va., Aug 17 (Bernama-GLOBE NEWSWIRE) -- GRID2020, Inc., a leading distribution transformer monitoring solutions provider released a statement today regarding its ongoing collaborations with Sacramento Municipal Utility District (SMUD).
Tuesday, August 16, 2016
ISOLA NAMES KEN RIZVI CFO
Former Micron executive
to lead financial operations at PCB laminate materials manufacturer
CHANDLER, Ariz., Aug 16 (Bernama-GLOBE NEWSWIRE) -- Isola, a market leader in copper-clad laminates and dielectric prepreg materials used to fabricate advanced multilayer Printed Circuit Boards (PCBs), announced that it has appointed Ken Rizvi as Chief Financial Officer, effective immediately. Rizvi succeeds Interim CFO Donald Colvin, who will continue to serve on Isola’s board of directors, a position he has held since 2010.
Monday, August 15, 2016
A.M. BEST SPECIAL REPORT: HONG KONG'S LIFE BUSINESS FACING HEADWINDS ON NEW GROWTH
HONG KONG, Aug 15 (Bernama-BUSINESS
WIRE) -- The Hong Kong life insurance
market has experienced strong new business growth over the past two to three
years, but it will be challenged going forward to continue high growth levels
given weakened domestic demand and new measures imposed by the Chinese
government to impede the purchase of cross-border, long-term policies from Mainland
China visitors (MCV). These new measures, according to a new A.M. Best special report,
will increase the regulatory and administrative costs for life insurers.
The Best’s Special Report, titled, “Hong Kong’s Life Business Facing Headwinds on New Growth,” states that while most of the developed life insurance markets in Asia have been facing bottlenecks in growth, Hong Kong has reported double-digit growth annually, since 2010, in terms of new business premium in direct individual businesses, and has been the fastest-growing life insurance market among developed markets within Asia.
MCMC Awards 1.7 Million Networked Media Research Collaboration Grants To Seven Universities
PUTRAJAYA, Aug 15
(Bernama) -- Eight research grants, totaling RM1.7 million, were awarded to
seven local universities under the Networked Media Research Collaboration
Programme (NMRCP) Cycle 4 by the Malaysian Communications and Multimedia
Commission (MCMC).
The universities were namely Universiti Sains Malaysia (USM), Heriot-Watt University Malaysia, Universiti Putra Malaysia (UPM), Universiti Teknologi Mara, Sunway University, International Islamic University (UIA) and Universiti Tunku Abdul Rahman (UTAR).
Friday, August 12, 2016
"HOT 97 SUMMER JAM TOKYO" MARKS NEW CHAPTER IN HISTORY OF URBAN MUSIC SCENE IN ASIA
TOKYO,
Aug. 12, 2016 /Kyodo JBN-AsiaNet/ --
|
- FRENCH MONTANA,
PUSHA T, FABOLOUS, OMARION, AKLO, AK-69, BANGKOK INVADERS & DABOYWAY,
etc. Appear on Stage -
Avex Live Creative Inc. has successfully hosted "HOT 97 SUMMER JAM TOKYO," the first overseas event of "HOT 97 SUMMER JAM." |
The announcement at the end of March this year
that "HOT 97 SUMMER JAM TOKYO" would be held had a great impact on
Japanese Hip Hop fans.
Thursday, August 11, 2016
PAY TV PLATFORM FOR INTERNATIONAL COMMUNITIES: BOBBLES.TV BRINGS CHINESE TV CHANNELS TO EUROPE
HAMBURG, Germany & BEIJING, Aug 11 (Bernama-BUSINESS WIRE) -- TV just like at home – for millions of Chinese viewers
in Europe. The new bobbles.tv pay TV platform is going on air today. The
service for international communities in Europe is launching with 18 popular
Chinese channels. bobbles.tv can be received throughout Europe via satellite
and internet. An Indonesian TV package featuring seven channels is launching at
the same time as the Chinese service. Channels for Indian, Korean and
Vietnamese communities will follow in November. bobbles.tv is driven by the Hamburg-based
company bubbles media, whose partners are among others the experienced German
media managers Arnold C. Kulbatzki and Dr. Torsten Rossmann.
ALLIED WORLD ASIA-PACIFIC APPOINTS RAMESH SIVANATHAN AS COUNTRY MANAGER, MALAYSIA
ZUG, Switzerland, Aug 11 (Bernama-BUSINESS WIRE) -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Allied World Asia-Pacific has appointed Ramesh Sivanathan as Vice President, fulfilling the role of country manager in Malaysia. He will be based in Kuala Lumpur.
Michael Garrison, Senior Vice President, Head of Insurance, Asia-Pacific, said: “Malaysia is a market with tremendous potential, and Ramesh’s arrival will allow us to put into action our growth plans for the country. We will be building out a strong presence on the ground, and will actively look to diversify our offering.”
http://mrem.bernama.com/viewsm.php?idm=27312
Michael Garrison, Senior Vice President, Head of Insurance, Asia-Pacific, said: “Malaysia is a market with tremendous potential, and Ramesh’s arrival will allow us to put into action our growth plans for the country. We will be building out a strong presence on the ground, and will actively look to diversify our offering.”
http://mrem.bernama.com/viewsm.php?idm=27312
Wednesday, August 10, 2016
MICRON INTRODUCES MOBILE 3D NAND SOLUTION FOR NEXT-GENERATION SMARTPHONES
New Micron Mobile
32GB 3D NAND memory technology delivers better quality, performance and
reliability for next-generation mobile multimedia and streaming experiences
SANTA CLARA, Calif., Aug 10 (Bernama-GLOBE NEWSWIRE) -- Micron Technology, Inc., (Nasdaq:MU) today introduced the company’s first 3D NAND memory technology optimized for mobile devices and its first products based on the Universal Flash Storage (UFS) 2.1 standard. Micron’s initial mobile 3D NAND-based 32GB solution is targeted specifically for the high and mid-end smartphone segments which make up approximately 50 percent of worldwide smartphone volume[1]. As mobile devices bypass personal computers as consumers’ primary computing device, user behaviors heavily impact the device’s mobile memory and storage requirements. Micron’s mobile 3D NAND addresses these concerns, enabling an unparalleled user experience that includes seamless high definition video streaming, higher bandwidth gameplay, faster boot up times, camera performance and file loading.
GUANGDONG OFFERS SUBSIDIES UP TO 80 MILLION RMB TO RECRUIT "PEARL RIVER TALENTS"
Guangzhou, China, Aug. 10, 2016 /Xinhua-AsiaNet/--
|
Guangdong has launched its annual global talent-hunting project
named 2016 Guangdong "Pearl River Talents Plan", looking for
innovative and entrepreneurial teams and leading talents. Application
acceptance will end on August 31st, and all applicators should submit
applications on the official website ( http://rc.gdstc.gov.cn).
It is aiming to implement the innovation-driven development strategy of the province, by recruiting top domestic and overseas talents for Guangdong's innovation and entrepreneurship. |
TOSHIBA LAUNCHES TRANSISTOR ARRAYS WITH OUTPUT RATING OF 50V AND 8CH SINK OUTPUT
TOKYO, Aug 10
(Bernama-BUSINESS WIRE) -- Toshiba
Corporation's (TOKYO:6502) Storage
& Electronic Devices Solutions Company today announced the start of sample
shipments of “TBD62183AFNG” and “TBD62183AFWG”, a series of new-generation
transistor arrays with DMOS FET[1] type sink output[2] specialized
for applications, including photocoupler control, LED lighting, relay drive and
level shifters.
Mass production is scheduled to start in the end of September 2016.
A.M. BEST AFFIRMS RATINGS OF INPEX INSURANCE, LTD.
HONG KONG, Aug 10 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of INPEX Insurance, Ltd. (IIL) (Bermuda). The outlook for each rating remains stable.
The rating affirmations reflect IIL’s strong risk-adjusted capitalization and favorable operating performance, with an improving trend over the past three years. IIL’s ratings also reflect its affiliation with INPEX CORPORATION (INPEX), to which it remains important as a risk management tool for the parent company. IIL is a single-parent captive of INPEX and provides marine and energy coverage globally to the parent and its affiliates.
http://mrem.bernama.com/viewsm.php?idm=27305
The rating affirmations reflect IIL’s strong risk-adjusted capitalization and favorable operating performance, with an improving trend over the past three years. IIL’s ratings also reflect its affiliation with INPEX CORPORATION (INPEX), to which it remains important as a risk management tool for the parent company. IIL is a single-parent captive of INPEX and provides marine and energy coverage globally to the parent and its affiliates.
http://mrem.bernama.com/viewsm.php?idm=27305
Tuesday, August 9, 2016
GENIEE FORMS CAPITAL AND BUSINESS ALLIANCE WITH ADPUSHUP, AD REVENUE OPTIMIZATION SERVICE THAT IMPROVES MEDIA REVENUE BY 69%
Launches exclusive offerings in Japan and Southeast Asia
This investment is intended to integrate Geniee's solutions, designed to maximize ad revenue for Internet media publishers, with AdPushup's display ad-based revenue optimization capabilities, and provide combined services to users in Japan and Southeast Asia where the Geniee SSP ("Supply Side Platform") is used. This is expected to further improve display ad revenues for publishers in the region.
TOKYO, Aug 8 (Bernama-BUSINESS WIRE) -- Geniee, Inc. (Head Office: Shinjuku-ku, Tokyo; President & CEO: Tomoaki Kudo; hereinafter, "Geniee") announces that it has entered into an investment contract with AdPushup, Inc. (Head Office: Delaware, US; co-founders Atul Agarwal and Ankit Oberoi; hereinafter, "AdPushup"), a provider of ad revenue optimization product aimed at web publishers and online media companies globally.
Purpose of the investment
Purpose of the investment
This investment is intended to integrate Geniee's solutions, designed to maximize ad revenue for Internet media publishers, with AdPushup's display ad-based revenue optimization capabilities, and provide combined services to users in Japan and Southeast Asia where the Geniee SSP ("Supply Side Platform") is used. This is expected to further improve display ad revenues for publishers in the region.
Monday, August 8, 2016
A.M. BEST AFFIRMS RATINGS OF BLUE CROSS (ASIA-PACIFIC) INSURANCE LIMITED
HONG KONG, Aug 8 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Blue Cross (Asia-Pacific) Insurance Limited (Blue Cross) (Hong Kong). The outlook for each rating is stable.
The rating affirmations reflect Blue Cross’ strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and favorable business profile as one of the leading insurers in the accident and health insurance market in Hong Kong, in particular the group medical segment. The company continued to improve its diversity in distribution channels and maintained profitable underwriting results in fiscal-year 2015 despite more difficult market conditions.
http://mrem.bernama.com/viewsm.php?idm=27290
The rating affirmations reflect Blue Cross’ strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and favorable business profile as one of the leading insurers in the accident and health insurance market in Hong Kong, in particular the group medical segment. The company continued to improve its diversity in distribution channels and maintained profitable underwriting results in fiscal-year 2015 despite more difficult market conditions.
http://mrem.bernama.com/viewsm.php?idm=27290
Thursday, August 4, 2016
ROSENBLATT SOLICITORS APPOINTS NICOLA FOULSTON AS CEO
LONDON, Aug 1 (Bernama-BUSINESS WIRE) -- Rosenblatt Solicitors today announced the appointment of Nicola (‘Nicky’) Foulston as CEO of the City law firm; her appointment to the newly created role of CEO is effective from 1 September 2016.
Nicky, 49, was named Veuve Cliquot Business Woman of the Year in 1997 when she was Chief Executive of Brands Hatch Leisure plc - she was, and remains, the award’s youngest ever recipient. Nicky became Chief Executive of Brands Hatch in early 1990 when the business was valued at £6 million and built it into the largest organiser and promoter of motor sport in Europe; in 1996, she floated the business on the London Stock Exchange; and in 1999, she sold the business for over $195 million to Interpublic, the US marketing giant.
Wednesday, August 3, 2016
KAMIN LLC ANNOUNCES PRICE INCREASE FOR PAPER AND PACKAGING GRADE HYDROUS KAOLIN CLAYS
| MACON, Ga., Aug 2 (Bernama-GLOBE NEWSWIRE) -- KaMin LLC announced today that it will increase prices for hydrous kaolin clay products for the global paper and packaging industry 6-8% effective October 1, 2016, or as contracts allow. “This price increase is necessary to ensure our long term sustainability,” stated Mark Gillespie, Vice President of Commercial. “KaMin has invested heavily during the past four years, ensuring our long term commitment to the paper industry. These increases are necessary to enable us to meet our commitment to create the greatest long term value for our paper customers through continued investments in plants, people, and technology.” KaMin LLC also announces that its 2016 energy surcharge policy, effective January 1, 2016 will remain unchanged. The threshold of $5/MMBTU and incremental surcharges by product type will remain the same. This policy applies to all slurry, spray-dried hydrous and calcined kaolin grades sold to the paper industry globally. |
CALVIN KLEIN, INC. ANNOUNCES THE APPOINTMENT OF RAF SIMONS AS CHIEF CREATIVE OFFICER OF THE BRAND
NEW YORK, Aug 3 (Bernama-BUSINESS WIRE) -- Calvin Klein, Inc., a wholly owned subsidiary of PVH
Corp. (NYSE:PVH), today announced the appointment of Raf
Simons as Chief Creative Officer of the brand, effective immediately.
Mr. Simons will lead the creative strategy of the Calvin Klein brand globally across the Calvin Klein Collection, Calvin Klein Platinum, Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear and Calvin Klein Home brands. As part of his role as Chief Creative Officer, Mr. Simons will oversee all aspects of Design, Global Marketing and Communications, and Visual Creative Services. Mr. Simons’ first collections will debut for the Fall 2017 season.
Tuesday, August 2, 2016
DENKA TO ESTABLISH LIFE SCIENCE R&D BASE IN BIOPOLIS IN SINGAPORE
TOKYO, Aug 1 (Bernama) --
| Denka Company Limited (hereinafter "Denka") announced on July 26 the establishment of Denka Life Innovation Research Private Limited (hereinafter "DLIR") in Biopolis, Singapore, with the aim of securing the Denka Group's first overseas R&D base specializing in the healthcare and life science field. Acting on its policy of aiding in cutting-edge R&D activities, the Singaporean government established Biopolis, a complex designed to serve as a hub for vibrant biomedical research. Since its opening, there has been a successful push to recruit domestic and overseas research institutions and business corporations to set up facilities in the complex, and, at present, Biopolis is home to a large number of biomedical-related businesses' research centers in addition to a laboratory run by Singapore's Agency for Science, Technology and Research (A*STAR). The setting is conducive to government-private collaboration with a focus on cutting-edge R&D. Denka itself has been engaged in ongoing joint research into such materials as functional resins and elastomers with A*STAR in the field of polymer science. When DLIR begins operations, Denka will launch a new collaborative project in the life science field. http://mrem.bernama.com/viewsm.php?idm=27245 |
Monday, August 1, 2016
A.M. BEST UPGRADES RATINGS OF STARR PROPERTY & CASUALTY INSURANCE (CHINA) COMPANY, LIMITED
HONG KONG, Aug 1 (Bernama-BUSINESS
WIRE) -- A.M. Best has upgraded the
financial strength rating to A (Excellent) from A- (Excellent) and the issuer
credit rating to “a” from “a-” of Starr
Property & Casualty Insurance (China) Company, Limited (Starr
China) (China). The outlook for each rating remains stable.
The ratings reflect Starr China’s improved risk-adjusted capitalization and operating performance. In addition, Starr China receives business and operational support from Starr International Company, Inc. (SICO) and its insurance subsidiaries, and a capital commitment from Starr Insurance & Reinsurance Limited (SIRL), a company within SICO that is a 20% shareholder of Starr China. Starr China also assumes overseas treaty business ceded from SIRL, which accounted for over 30% of total gross premiums written in 2015.
A.M. BEST AFFIRMS RATINGS OF CENTRAL REINSURANCE CORPORATION
HONG KONG, Aug 1
(Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the
financial strength rating of A (Excellent) and the issuer credit rating of “a”
of Central Reinsurance
Corporation (Central Re) (Taiwan). The outlook for each
rating remains stable.
The rating affirmations reflect Central Re’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), stable and positive underwriting results (after compulsory auto liability insurance (CALI) reserve release) in recent years and its competitive advantage being the sole domestic commercial reinsurer in Taiwan’s reinsurance market.
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