Thursday, May 3, 2018

World business leaders expected in YPO innovation week in Sydney, Australia

KUALA LUMPUR, May 2 (Bernama) -- World business leaders are to meet in the Young Presidents' Organization (YPO) - Angels and Unicorns - gathering in Sydney, Australia - part of its third annual YPO Innovation Week - May 7 to 11, 2018.

The event will explore the best ways to invest in the "unicorns of tomorrow" which include panel discussions with the country's most promising startups and most successful venture capitalists, a statement said.

"Australia is a hotbed of innovation with so many impressive companies showcasing true innovation as they scale up and grow exponentially," said Angels and Unicorns chair and head of the Startup Division for Aus/NZ Amazon Web Services, Ian Gardiner.

Among the speakers include country manager of Amazon Australia, Rocco Braeuniger; chief executive officer (CEO) Fleet Space Technologies, Flavia Tata Nardini; managing director Telstra Ventures, Matthew Koertge; CEO and founder Jelix Ventures, Andrea Gardiner and more.

YPO Innovation Week is a series of more than 50 events conducted in over 30 countries throughout the world featuring dynamic global innovators to share best-in-class business strategies as well as timely and relevant insights that are fueling innovation and shaping the future of global business over the next decade.

Additional Innovation Week signature events will be held between May 7 to 11, 2018 in major cities including London, England; Nairobi, Kenya; New York, USA; Santa Domingo, Dominican Republic and Silicon Valley, California, USA.

Young Presidents' Organization Inc is the premier leadership organisation of chief executives in the world. It is a global platform for chief executives to engage, learn and grow. More information at YPO.org.

-- BERNAMA

JEONJU INTERNATIONAL FILM FESTIVAL AND JEONJU HANJI CULTURE FESTIVAL RETURNS IN MAY 2018

JEONJU INTERNATIONAL FILM FESTIVAL AND JEONJU HANJI CULTURE FESTIVAL RETURNS IN MAY 2018

NEW MIPS I7200 PROCESSOR CORE DELIVERS UNMATCHED PERFORMANCE AND EFFICIENCY FOR ADVANCED LTE/5G COMMUNICATIONS AND NETWORKING IC DESIGNS

Highly efficient parallel processing, fast response to real-time events, and 50% performance gains position the I7200 as the core of choice for high performance embedded applications

SANTA CLARA, Calif., May 2 (Bernama-GLOBE NEWSWIRE) -- MIPS, provider of the widely used MIPS processor architecture and IP cores for licensing, today announced the I7200 multi-threaded multi-core processor, a new high performance licensable IP core in their midrange 32-bit product lineup. Class-leading efficiency is essential to power sensitive applications such as the high bandwidth modem subsystems in Advanced LTE Pro and upcoming 5G smartphone SoCs, as well as networking ICs, and other applications. The I7200 delivers 50% higher performance in less than 20% area increase than the previous generation from MIPS.

“MIPS CPUs are widely used in a range of LTE applications for mobile broadband,” said David Lau, MIPS’ Vice President of Engineering. “The performance gains across the board on the new I7200 deliver a leap forward in support of the transition to 5G systems, while providing a range of configurable features that enable the CPU core to be optimized for a specific application. For communications processing in LTE modems, where small size and power consumption are at a premium, and latency and deterministic responsiveness are critical to system performance, the I7200 can be tuned to optimize the characteristics for real-time embedded processing.”
http://mrem.bernama.com/viewsm.php?idm=31813

REGISTRATION IS OPEN FOR 2ND SOLAR DECATHLON MIDDLE EAST IN 2020, WITH PRIZES TOTALLING OVER AED20 MILLION FOR THE TWO COMPETITIONS

REGISTRATION IS OPEN FOR 2ND SOLAR DECATHLON MIDDLE EAST IN 2020, WITH PRIZES TOTALLING OVER AED20 MILLION FOR THE TWO COMPETITIONS

CHARITY WALK EVENT FOR UNDERSERVED ADOPTED SCHOOLS

Hypermarket gathers more than 3,000 participants to raise funds for the needs of eight Perak schools
 
IPOH, Perak, May 3 (Bernama) -- Sunday morning view of the serene D.R. Seenivasagam Park came alive when more than 3,000 participants came together for a good cause during the Tesco Walk For Kids 2018 event organised by Tesco Stores (Malaysia) Sdn Bhd (Tesco).
 
The charity walkathon saw families, children, students, teachers and local community walking a 3km scenic route within the compound and the park vicinity. Tesco Walk For Kids 2018 is Tesco Malaysia’s signature annual fund raising event, which is part of Tesco’s School Adoption Programme to support underserved schools.
 
This year, the event raised more than RM400,000 from participation fees, cash donations and in kind contribution from Tesco’s business partners and suppliers. All contribution will be channelled fully to eight beneficiary schools which are SK Seri Kepayang, Ipoh, SK De La Salle, Kampar, SK Pengkalan Pegoh, Ipoh, SK Bendang Siam, Changkat Jering, SK Pengkalan Baharu, Gopeng, SMK Tambun, Ipoh, SK Suak Padi, Bota and SK Dato’ Ishak, Lumut. 
 
“We are touched with the support that we received from many especially our business partners and suppliers as this is our second time organising this event for our adopted schools. Last year we were able to help seven schools in Klang Valley, I am delighted that we could host this event in Ipoh this time to help our adopted schools in Perak to improve the schools’ facilities such as students’ toilets, library, computer lab, students’ chairs and desks for a better and conducive learning environment,” said Azliza Azmel, Corporate Services Director, Tesco.
 
Tesco Walk For Kids 2018 was flagged off by Y.A.M Raja Dato’ Seri Yong Sofia accompanied by Tesco Malaysia’s Corporate Services Director, Azliza Azmel and Karimah Tan Abdullah, CEO PINTAR Foundation.
 
Limited edition finisher medal were given to first 1000 participants to get across the finish line as well as goodie bags upon completing the walk. Participants were entertained by dance performances by a few of the beneficiary schools. Other activities includes physical challenges such as planking, push-ups, skipping and squats with attractive prizes given away to winners. Product sampling from Milo, Tesco brand and Bestari were also available for all participants.
 
In addition to the great support by the Malaysian community, a number of corporate companies also contributed towards this cause. Mr. DIY came forward as Gold sponsor for this year’s event. Other sponsors are Bestari Sales & Marketing, HappyLand, Yes Optical, Arkitek LLA, F&F, Kellogg’s, SportsDirect, Mondelez Malaysia, Delfi Marketing, Unilever, Steadler, Nestle, Mehko, Caldbeck Macgregor and many more.
 
“Our Walk For Kids event would not be possible without the help of both the Malaysian community as well as the corporate sectors. Our heartfelt appreciation goes to all our sponsors who have contributed cash, vouchers and products. The support given by teachers and parents from the eight adopted schools were also important in making this event a great success,” added Azliza.
 
Tesco Walk For Kids 2018 is one of Tesco’s annual fundraising efforts for its adopted schools since Tesco Malaysia launched its School Adoption Program together with PINTAR Foundation in November 2016 as part of its contribution in education of the children in the community. Through the three-year adoption programme, Tesco supports 61 adopted schools in terms of education, student welfare, nutritional awareness and greener living initiatives.

-Ends-


About Tesco Stores (Malaysia) Sdn Bhd
Tesco Stores (Malaysia) Sdn Bhd is a joint-venture company between Tesco PLC and Sime Darby Berhad. Tesco PLC is one of the world’s largest international retailers with operations in 11 countries, employing over 480,000 people and serving millions of customers every week.  Across its operations worldwide, Tesco believes in serving its shoppers a little better every day.
 
Tesco Malaysia, established in May 2002 with its first hypermarket in Puchong, Selangor, today continues to deliver excellence in areas that matters most to Malaysian customers from service, diverse product range and quality to great prices and store environment.  Tesco Malaysia employs over 7,000 employees and operates 56 stores throughout Peninsula Malaysia. In 2013, Tesco paved the way in online grocery shopping with the launch of its online Grocery Home Shopping service, offering even greater convenience to customers in the Klang Valley, Penang and Johor Bahru.
 
For more information, visit www.tesco.com.my.

For photos from the event, please download here: https://www.dropbox.com/sh/o65h8ep2wfoajql/AAAK2dlgdePD5CHeevlBUQs4a?dl=0

Source : Tesco Stores (Malaysia) Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Siti Haniza Ab Rahman
Communications Manager
Tesco Malaysia
Email : sitihaniaza.abrahman@my.tesco.com

--BERNAMA

Wednesday, May 2, 2018

​STATEMENT REGARDING MALAYSIAN AIR AUTHORITY INVESTIGATION

KUALA LUMPUR, Malaysia, April 30 (Bernama-GLOBE NEWSWIRE) -- VistaJet confirms the recent statements of the Malaysian Authorities that one of the Company’s aircraft had a normal course of operations technical issue before departure which at no point jeopardized safety. Another VistaJet aircraft was immediately made available to fulfil the customer's schedule.

Information
Matteo Atti                                                                               
VistaJet International                                                     
T: +44 (0) 203 617 3077
M: +44 (0) 782 785 6692
 


SOURCE : VistaJet Ltd


--BERNAMA 

BLACK & VEATCH'S PRICO® TECHNOLOGY TO PLAY CRITICAL ROLE IN FLNG, ENABLING BP FIELD DEVELOPMENT WORK IN GREATER TORTUE/AHMEYIN

Golar Returns to Black & Veatch and Keppel Shipyard to convert third LNG vessel and develop FLNG in West Africa, expanding global reach

OVERLAND PARK, Kan., April 30 (Bernama-GLOBE NEWSWIRE) -- Black & Veatch’s patented PRICO® technology and engineering and procurement capabilities are expected to play another major role in floating liquefied natural gas (FLNG) technology, this time for BP’s field development in West Africa. Known for its competitive performance in FLNG developments, Black & Veatch is teaming with Keppel Shipyard Limited (Keppel Shipyard) to convert a liquefied natural gas (LNG) carrier, the Gimi, into a floating liquefaction facility.

This project continues the close partnership between Keppel Shipyard and Golar LNG (Golar). Black & Veatch has grown its relationship with Golar since 2011, going from concept to front-end design to design and delivery of FLNG vessel conversions. In 2014, Golar awarded the EPC contract to Keppel Shipyard and Black & Veatch to convert the Hilli Episeyo, a 125,000 cubic meter LNG carrier, to an FLNGV.

FLNG solutions can be a cost-effective and faster-delivering alternative to traditional onshore facilities, which is particularly crucial in natural gas’ current low-price environment. Successful commissioning of the FLNG Hilli Episeyo offshore Cameroon will also support market confidence in converted FLNG solutions.

“This partnership with Golar and Keppel is a direct reflection of the industry experience, leadership and value that Black & Veatch brings to complex offshore conversion projects. FLNG can help fill the world’s growing demand for energy by offering a faster, more cost-effective solution,” said Bob Germinder, Black & Veatch Senior Vice President and Managing Director of Floating Oil & Gas Solutions.

“Black & Veatch’s PRICO® technology continues to allow us to provide competitive liquefaction solutions to our clients who are looking to develop and monetize their natural gas assets,” said Iain Ross, Golar CEO.

BP holds a majority interest and operatorship in the Greater Tortue/Ahmeyin project development located offshore of Mauritania and Senegal. Proceeding with front end engineering and design (FEED) on the provision of the Gimi FLNG vessel will support Phase 1A of BP’s development plans for the region, which also includes development of a floating production storage and offloading (FPSO) unit. The vessel conversion is contingent on Project FID by BP, expected end 2018.

The work scope for Keppel Shipyard and Black & Veatch to convert the Gimi is similar to that of the Golar Hilli Episeyo. Black & Veatch will provide its licensed PRICO® liquefaction technology and global engineering and procurement capabilities while Keppel Shipyard will provide the marine systems and all of the conversion-related construction services.
                                                                                       
Editor’s Notes:
  • The GIMI is a 125,000 cubic meter LNG carrier.
  • The GIMI conversion will be built to relevant marine classification society rules and regulations.
  • Black & Veatch has a record of reliable performance with 25 plants around the world featuring PRICO® technology.
  • PRICO® is an innovative process to liquefy natural gas, making it available for transport via ocean tanker or truck. The process uses a single-mixed refrigerant loop for natural gas liquefaction. The process provides several key advantages, including:
    • A simplified refrigeration system that requires minimal equipment and a compact process that makes it ideal for offshore liquefaction
    • Low capital and operating expenditure
    • Simplified control and maintenance.
About Black & Veatch

Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2017 were US$3.4 billion. Follow us on www.bv.comand in social media.

About Keppel Shipyard

Keppel Shipyard is a subsidiary of Keppel Offshore & Marine (Keppel O&M), a wholly-owned company of Keppel Corporation. Keppel Shipyard is the trusted industry name for the repair, conversion and upgrading of a diverse range of vessels, and a global leader in the conversion of Floating Production Storage and Offloading (FPSO), Floating Storage and Offloading (FSO) and Floating Storage and Re-gasification Units (FSRU), as well as the fabrication and installation of turrets and mooring systems, and topside process modules. As a group, Keppel O&M is also a global leader in offshore rig design, construction and repair, and specialized shipbuilding. Its near market, near customer strategy is bolstered by a global network of yards and offices in 15 countries across the Asia Pacific, Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Integrating the experience and expertise of its yards worldwide, Keppel O&M aims to be the provider of choice and partner for solutions for the offshore and marine industry. For more information, please visit www.keppelom.com

About Golar LNG

With over 40 years of experience, Golar is a leading independent owner and operator of LNG carriers and FSRUs, and a pioneer developer of FLNG vessels.For more information, please visit www.golarlng.com.

Media Contact Information:

MELINA VISSAT | +1 303-256-4065 P | +1 617-595-8009 M | VissatM@BV.com
24-HOUR MEDIA HOTLINE | +1 866-496-9149

Source : Black & Veatch Holding Company

--BERNAMA