LONGMEN, China, Aug. 30, 2017 /Xinhua-AsiaNet/--
Longmen, a mountainous county with beautiful scenery, a blend of civilization and ancient culture, has become a good example of high quality living circle based on the Guangdong-Hong Kong-Macao Greater Bay Area to build up an artsy place. Blessed with green vacation, healthy hot spring, pastoral scenery and folk customs, the flourishing tourism opens a new window for the county development. According to statistics, the annual tourism revenue of Longmen reached 4.93 billion RMB in 2016, with a year-on-year growth of 34.3%.
Subordinated to Guangdong province, Longmen, a historical county lying in the core zone of the Guangdong-Hong Kong-Macao Greater Bay Area, is known as "an oasis on the Tropic of Cancer". As a mountainous county with hills accounted for more than 73% of the total area, and the forest coverage rate of 76.6%, Longmen enjoys the names of "the most beautiful cultural and ecological tourism county" and "hometown of Chinese folk culture and art", and is one of the best areas in the Pearl River Delta in terms of ecological environment. All these culture evolutions have been significantly marked down by the farmer painting.
http://mrem.bernama.com/viewsm.php?idm=29922
Thursday 31 August 2017
Wednesday 30 August 2017
MHIET RECEIVES ORDER FOR 147 DIESEL GENSETS TO SERVE AS STAND-ALONE POWER SYSTEMS IN INDONESIA
-- Units Destined for 22 Districts on Kalimantan and Sulawesi --
TOKYO, Aug 30 (Bernama-BUSINESS WIRE) -- Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), has received an order for 147 units of its MGS Series gensets, the core lineup in the company’s diesel power plant offerings, from PT PLN (Persero), a state-owned electricity provider in Indonesia. The gensets are to serve as stand-alone power systems, a mode of power supply especially useful in Indonesia, a country comprising thousands of islands. Plans call for the units to progressively go into service in 22 districts of Kalimantan and Sulawesi by mid-2018.
http://mrem.bernama.com/viewsm.php?idm=29930
TOKYO, Aug 30 (Bernama-BUSINESS WIRE) -- Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), has received an order for 147 units of its MGS Series gensets, the core lineup in the company’s diesel power plant offerings, from PT PLN (Persero), a state-owned electricity provider in Indonesia. The gensets are to serve as stand-alone power systems, a mode of power supply especially useful in Indonesia, a country comprising thousands of islands. Plans call for the units to progressively go into service in 22 districts of Kalimantan and Sulawesi by mid-2018.
http://mrem.bernama.com/viewsm.php?idm=29930
ICE FUTURES SINGAPORE ANNOUNCES SINOPAC AS NEW EXCHANGE MEMBER
SINGAPORE, Aug 30 (Bernama-BUSINESS WIRE) -- Intercontinental Exchange (NYSE:ICE), a leading operator of global network of exchanges and clearing houses and provider of global data and listing services, today announced that SinoPac has been approved as a member of ICE Futures Singapore, effective immediately.
SinoPac Futures Corporation, a subsidiary of SinoPac Holdings, was founded in 1994 and specializes in conducting futures transactions for both itself and its clients.
http://mrem.bernama.com/viewsm.php?idm=29921
SinoPac Futures Corporation, a subsidiary of SinoPac Holdings, was founded in 1994 and specializes in conducting futures transactions for both itself and its clients.
http://mrem.bernama.com/viewsm.php?idm=29921
HDC'S CEO TAKES THE BRANDLAUREATE MOST EMINENT BRAND ICON LEADERSHIP AWARD IN HALAL INDUSTRY
KUALA LUMPUR, Aug 29 (Bernama) -- Halal Industry Development Corporation (HDC), an agency under the Ministry of International Trade and Industry announced today that its Chief Executive Officer / Managing Director, Dato’ Seri Jami Bidin, has received the award of the “Most Eminent Brand ICON Leadership Award” during the BrandLaureate Brand ICON Leadership Awards 2017 held here on 28 August 2017.
This award acknowledges Dato’ Seri Jamil’s vision, dedication and commitment towards helming the development of Malaysia’s Halal Industry. HDC’s relentless efforts in developing this industry started in 2006 when it was established. It then embarked on the Halal Industry Development Master Plan (HIMP) 2008-2020, aiming to drive Halal as a new source of economic growth. This is in line with the Government’s efforts to diversify our economic activities of which Halal exports now has contributed to 7% of total exports value and is increasing yearly. Credit also goes to our former Prime Minister YABhg Tun Abdullah Badawi who was instrumental in providing leadership to promote the Halal agenda in Malaysia and also throughout the world. According to HDC’s CEO, Malaysia and HDC will not rest on its laurels and will continue to be committed towards developing the halal sector and intensifying high valued-added activities within the industry. The country spotted the potential of the Halal economy very early on, and over the decades has nurtured a Halal eco-system that has placed Malaysia in the forefront of this burgeoning industry. Malaysia is also committed in the pursuit of Halal Agenda and this is reflected through the formation of the National Halal Council which is chaired by YAB Dato’ Sri Dr. Ahmad Zahid Hamidi, the Deputy Prime Minister of Malaysia. Our approach is holistic, our mission is singular: to make Malaysia the Global Halal leader. ABOUT HALAL INDUSTRY DEVELOPMENT CORPORATION SDN BHD (HDC) Halal Means Business The Halal Industry Development Corporation (HDC) was established on 18 September 2006 to coordinate the overall development of the Halal industry in Malaysia. HDC is an agency under the Ministry of International Trade and Industry (MITI). HDC is Malaysia's holistic response to the worldwide demand for better quality products and services as consumers gain confidence in the Halal process. Its key thrusts are to promote Halal standards; facilitate capacity- building for halal products and services; promote growth and participation of Malaysian companies in the trillion dollar global halal market. Today, there is an estimated population of 1.8 billion Muslims worldwide. The global halal market is currently estimated at USD2.3 trillion covering both food and non-food sectors. |
A.M. BEST COMMENTS ON CREDIT RATINGS OF FIRST CAPITAL INSURANCE LIMITED
SINGAPORE, Aug 30 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of First Capital Insurance Limited (First Capital) (Singapore) remain unchanged following the recent announcement that the company will be acquired.
Mitsui Sumitomo Insurance Company, Limited will acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited. Funding for the acquisition is expected to come from cash-on-hand. First Capital’s day-to-day operations are likely to continue as normal in the near term.
http://mrem.bernama.com/viewsm.php?idm=29918
Mitsui Sumitomo Insurance Company, Limited will acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited. Funding for the acquisition is expected to come from cash-on-hand. First Capital’s day-to-day operations are likely to continue as normal in the near term.
http://mrem.bernama.com/viewsm.php?idm=29918
Tuesday 29 August 2017
IE EXPO GUANGZHOU 2017 TO OPEN IN SEPTEMBER, BRINGING LATEST TECHNOLOGIES AND MORE OPPORTUNITIES TO SOUTHEAST ASIA'S ENVIRONMENTAL MARKET
SHANGHAI, Aug 29 (Bernama-BUSINESS WIRE) -- IE expo Guangzhou 2017, South China’s leading environmental technology expo for water, waste, air and soil, will open on September 20-22 at China Import & Export Fair Complex, Guangzhou, China. Presented by IE expo and Guangdong Association of Environmental Protection Industry, IE expo Guangzhou was admitted as a formal member of IFAT in 2016 and is committed to building a trade platform with high quality and professionalism in the environment sector targeting South China and Southeastern Asia markets.
This year, with an exhibition area of 30,000m2, it is expected to attract over 30,000 professional purchasers and 450 exhibitors displaying products and technologies in 15 categories including water & sewage treatment, water distribution & sewers, sponge city technologies & products, waterbody protection, refuse management & recycling, air purification & cleaning, noise reduction & sound insulation, soil & groundwater remediation, etc.
In addition, the Innovation Technology Conference, which comprises the main forum and multiple summits and seminars focusing on various issues like South China Water Pollution Prevention & Control, Guangdong Key Industries Volatile Organic Compound (VOCs) Control & Monitoring Technology, Environmental Sanitation Development, Environmental Investment & Financing Innovation Policy, etc. will also be held to discuss a wide range of topics and share insights on the latest development and trend in the environment sector. In particular, three business matchmaking meetings and an international B2B meeting will be arranged to attract delegations from Southeast Asia, Europe, North America, South America and Africa.
In addition, the Innovation Technology Conference, which comprises the main forum and multiple summits and seminars focusing on various issues like South China Water Pollution Prevention & Control, Guangdong Key Industries Volatile Organic Compound (VOCs) Control & Monitoring Technology, Environmental Sanitation Development, Environmental Investment & Financing Innovation Policy, etc. will also be held to discuss a wide range of topics and share insights on the latest development and trend in the environment sector. In particular, three business matchmaking meetings and an international B2B meeting will be arranged to attract delegations from Southeast Asia, Europe, North America, South America and Africa.
SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES PRODUCTION UPDATE FOLLOWING HURRICANE HARVEY
DENVER, Aug 29 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, shut in approximately 75% of its Eagle Ford production on Friday, August 25, 2017 in the United States to ensure the safety its local employees and protect from potential environmental and equipment damage due to Hurricane Harvey. Forecasted high winds of over 140 miles per hour and over 40 inches of rain are expected to cause catastrophic flooding. The hurricane has caused the majority of midstream and downstream natural gas and crude oil infrastructure to be shut down across the Texas Gulf Coast.
http://mrem.bernama.com/viewsm.php?idm=29911
http://mrem.bernama.com/viewsm.php?idm=29911
A.M. BEST REVISES ISSUER CREDIT RATING OUTLOOK TO STABLE FOR PVI INSURANCE CORPORATION
SINGAPORE, Aug 28 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlook to stable from positive for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of PVI Insurance Corporation (PVI Insurance) (Vietnam). The outlook of the FSR remains stable.
PVI Insurance’s overall profit margin has declined due to intensifying competition in its retail business, while business from the Vietnam National Oil & Gas Group, which has been an important source of profits, also has declined. PVI Insurance’s combined ratio increased to the high 90s in 2016 from the high 80s in 2014. The revision of PVI Insurance’s Long-Term ICR outlook to stable from positive reflects this trend of a reduced profit margin.
PVI Insurance’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remains strong and is supported by a large proportion of investments in cash and deposits, as well as the high quality of its reinsurance panel. PVI Insurance is one of the largest non-life insurers in Vietnam and remains dominant in the energy, marine, property and engineering market segments. In addition, A.M. Best expects PVI Insurance to continue to receive financial and operational support from parent firm, PVI Holdings, and from Vietnam National Oil & Gas Group, the largest state-owned enterprise in Vietnam, as well as Talanx AG, one of the leading insurance groups in Europe.
PVI Insurance’s overall profit margin has declined due to intensifying competition in its retail business, while business from the Vietnam National Oil & Gas Group, which has been an important source of profits, also has declined. PVI Insurance’s combined ratio increased to the high 90s in 2016 from the high 80s in 2014. The revision of PVI Insurance’s Long-Term ICR outlook to stable from positive reflects this trend of a reduced profit margin.
PVI Insurance’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remains strong and is supported by a large proportion of investments in cash and deposits, as well as the high quality of its reinsurance panel. PVI Insurance is one of the largest non-life insurers in Vietnam and remains dominant in the energy, marine, property and engineering market segments. In addition, A.M. Best expects PVI Insurance to continue to receive financial and operational support from parent firm, PVI Holdings, and from Vietnam National Oil & Gas Group, the largest state-owned enterprise in Vietnam, as well as Talanx AG, one of the leading insurance groups in Europe.
PALO ALTO STARTUP 8TH WALL LAUNCHES CROSS-PLATFORM TOOLS FOR MOBILE AR
8th Wall XR provides a single solution for developing AR apps on all iOS and Android phones
PALO ALTO, Calif., Aug. 29 (Bernama-GLOBE NEWSWIRE) -- 8th Wall, Inc. announced today 8th Wall XR, the world's first Augmented Reality (AR) platform that works on all commonly available iOS and Android phones and integrates seamlessly with ARKit (Apple) and Tango (Google).
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/51163dc6-2e25-4f8d-a653-d797786f1e26
Founded in August 2016, 8th Wall is a Palo Alto startup made up of an all-star team of ex-Google and Facebook engineers with extensive experience in computer vision, machine learning and product development. Passionate about AR, the team believes that the shift to widespread AR adoption will start with today's mobile phones. As a result they have been working on a suite of native tools that make it effortless to develop AR applications for mobile.
http://mrem.bernama.com/viewsm.php?idm=29910
PALO ALTO, Calif., Aug. 29 (Bernama-GLOBE NEWSWIRE) -- 8th Wall, Inc. announced today 8th Wall XR, the world's first Augmented Reality (AR) platform that works on all commonly available iOS and Android phones and integrates seamlessly with ARKit (Apple) and Tango (Google).
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/51163dc6-2e25-4f8d-a653-d797786f1e26
Founded in August 2016, 8th Wall is a Palo Alto startup made up of an all-star team of ex-Google and Facebook engineers with extensive experience in computer vision, machine learning and product development. Passionate about AR, the team believes that the shift to widespread AR adoption will start with today's mobile phones. As a result they have been working on a suite of native tools that make it effortless to develop AR applications for mobile.
http://mrem.bernama.com/viewsm.php?idm=29910
ESRI'S ARCGIS HUB SHINES IN GEOSMART ASIA 2017
With an increasing number of cities worldwide adopting Esri’s ArcGIS Hub, the concept is expected to usher in a new wave of Smart Cities in Asia.
KUALA LUMPUR, Aug 28 (Bernama) -- Today, cities account for more than 50 per cent of the world’s population and produce 80 per cent of global Gross Domestic Product. By 2045, this figure is expected to grow by a further 1.5 times.
According to Brett Dixon, General Manager of Esri Asia Pacific, a growth pattern like this clearly indicates that the future sustainability of our communities depends on smarter governed cities.
“Cities will always be changing; whether in terms of the population, the economic viability, or the state of public infrastructure. Decisions which might have made sense ten years ago can quickly be overturned by the constantly changing trends and events,” Mr Dixon said during a high-level forum at GeoSmart Asia 2017.
So how can we better anticipate changes in circumstances?
The answer lies in maximising access to all available information to improve the quality of the decisions made, according to Mr Dixon. This is where ArcGIS Hub comes into play —integrating, visualising and analysing real-time data from sensors to help city managers optimise resource investments and develop tailored programs and policies.
The City of Los Angeles’ GeoHub, for example, gives city staff, businesses, app developers, non-profit organisations and the public access to the city's location-based data through an online portal.
By compiling the city's disparate datasets into a single location and offering access as a service, Los Angeles is breaking down the barriers that cause inefficiency while working towards becoming a smarter, safer city. With data available by way of intuitive apps, residents can play a greater role in shaping their government. And by providing opportunities for startups, the city can continue to ride its wave of high-tech innovation.
“Innovation doesn’t occur in isolation,” Mr Dixon said. “Which is why with ArcGIS Hub, cities are able to break down silos and create meaningful collaboration across a wide network of stakeholders thereby allowing them to add value to each other’s work.”
Closer to home, the Penang GIS Centre launched a similar application called e-Peta which has empowered local city departments and socio-civic organisations to create smarter ways to address issues and challenges in the community.
The application supports government projects and the day-to-day operations of agencies, such as the Town Planning & Development Department, Penang Island City Council and Seberang Perai Municipal Council.
It also supports the operations of various non-profit organisations including George Town World Heritage Incorporated (GTWHI), the Penang Botanic Gardens, Penang Women’s Development Corporation (PWDC), among others.
In particular, e-Peta has helped decision-makers at alms collection organisation, Pusat Urus Zakat, to locate Muslim households and analyse their corresponding demographic data in order to determine their needs and identify who should give and receive alms.
“These are just among the many cities across the world that have adopted this framework — and with the conversations we’re having at GeoSmart Asia 2017, we are confident that many others in the region will follow suit,” Mr Dixon said.
Source : Esri Malaysia
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Clarice Africa
Senior PR and Communications Specialist
Esri South Asia
Tel : +65 6742 8622
Email : apafrica@esrisa.com
--BERNAMA
KUALA LUMPUR, Aug 28 (Bernama) -- Today, cities account for more than 50 per cent of the world’s population and produce 80 per cent of global Gross Domestic Product. By 2045, this figure is expected to grow by a further 1.5 times.
According to Brett Dixon, General Manager of Esri Asia Pacific, a growth pattern like this clearly indicates that the future sustainability of our communities depends on smarter governed cities.
“Cities will always be changing; whether in terms of the population, the economic viability, or the state of public infrastructure. Decisions which might have made sense ten years ago can quickly be overturned by the constantly changing trends and events,” Mr Dixon said during a high-level forum at GeoSmart Asia 2017.
So how can we better anticipate changes in circumstances?
The answer lies in maximising access to all available information to improve the quality of the decisions made, according to Mr Dixon. This is where ArcGIS Hub comes into play —integrating, visualising and analysing real-time data from sensors to help city managers optimise resource investments and develop tailored programs and policies.
The City of Los Angeles’ GeoHub, for example, gives city staff, businesses, app developers, non-profit organisations and the public access to the city's location-based data through an online portal.
By compiling the city's disparate datasets into a single location and offering access as a service, Los Angeles is breaking down the barriers that cause inefficiency while working towards becoming a smarter, safer city. With data available by way of intuitive apps, residents can play a greater role in shaping their government. And by providing opportunities for startups, the city can continue to ride its wave of high-tech innovation.
“Innovation doesn’t occur in isolation,” Mr Dixon said. “Which is why with ArcGIS Hub, cities are able to break down silos and create meaningful collaboration across a wide network of stakeholders thereby allowing them to add value to each other’s work.”
Closer to home, the Penang GIS Centre launched a similar application called e-Peta which has empowered local city departments and socio-civic organisations to create smarter ways to address issues and challenges in the community.
The application supports government projects and the day-to-day operations of agencies, such as the Town Planning & Development Department, Penang Island City Council and Seberang Perai Municipal Council.
It also supports the operations of various non-profit organisations including George Town World Heritage Incorporated (GTWHI), the Penang Botanic Gardens, Penang Women’s Development Corporation (PWDC), among others.
In particular, e-Peta has helped decision-makers at alms collection organisation, Pusat Urus Zakat, to locate Muslim households and analyse their corresponding demographic data in order to determine their needs and identify who should give and receive alms.
“These are just among the many cities across the world that have adopted this framework — and with the conversations we’re having at GeoSmart Asia 2017, we are confident that many others in the region will follow suit,” Mr Dixon said.
Source : Esri Malaysia
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Clarice Africa
Senior PR and Communications Specialist
Esri South Asia
Tel : +65 6742 8622
Email : apafrica@esrisa.com
--BERNAMA
Monday 28 August 2017
USERS RECOMMEND HMINERS MINING RIGS FOR FAST AND GUARANTEED ROI
Hminers, a trusted manufacturer of cryptocurrency mining products, has recently hit the headlines with their three multi-algorithm mining rigs. Numerous users have already recommended these products for a guaranteed return on investment within less than a month.
MIAMI, Aug 28 (Bernama-GLOBE NEWSWIRE) -- Hminers continues to strengthen their position in the rapidly growing global industry for cryptocurrencies, with their advanced range of mining rigs. Within a relatively short lifespan in the highly competitive market, three extremely efficient mining rigs from the company have received a promising response from several users. These users suggest that the mining rigs from www.Hminers.com have provided them fast and guaranteed return on their investment.
http://mrem.bernama.com/viewsm.php?idm=29901
MIAMI, Aug 28 (Bernama-GLOBE NEWSWIRE) -- Hminers continues to strengthen their position in the rapidly growing global industry for cryptocurrencies, with their advanced range of mining rigs. Within a relatively short lifespan in the highly competitive market, three extremely efficient mining rigs from the company have received a promising response from several users. These users suggest that the mining rigs from www.Hminers.com have provided them fast and guaranteed return on their investment.
http://mrem.bernama.com/viewsm.php?idm=29901
A.M. BEST REVISES OUTLOOKS TO STABLE FOR PVI REINSURANCE JOINT-STOCK CORPORATION
SINGAPORE, Aug 28 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of PVI Reinsurance Joint-stock Corporation (PVI Re) (Vietnam).
In April 2013, A.M. Best revised the outlooks to positive from stable in consideration of plans for capital injections into PVI Re. Since then, the company’s capital position has been well below the levels presented originally. The company’s presence in Vietnam’s reinsurance market remains limited, and it relies significantly on its sister company, PVI Insurance Corporation (PVI Insurance), for business volumes. At the same time, the environment for oil- and gas-related insurance business has become increasingly challenging due to low energy prices. The revision of the outlooks to stable from positive reflects these developments.
http://mrem.bernama.com/viewsm.php?idm=29902
In April 2013, A.M. Best revised the outlooks to positive from stable in consideration of plans for capital injections into PVI Re. Since then, the company’s capital position has been well below the levels presented originally. The company’s presence in Vietnam’s reinsurance market remains limited, and it relies significantly on its sister company, PVI Insurance Corporation (PVI Insurance), for business volumes. At the same time, the environment for oil- and gas-related insurance business has become increasingly challenging due to low energy prices. The revision of the outlooks to stable from positive reflects these developments.
http://mrem.bernama.com/viewsm.php?idm=29902
Friday 25 August 2017
A.M. BEST AFFIRMS CREDIT RATINGS OF KOREA P&I CLUB
HONG KONG, Aug 25 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Korea P&I Club (KP&I) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect KP&I’s solid risk-adjusted capitalization and adequate operating performance. Additionally, the club has a favorable business profile, offering protection and indemnity (P&I) insurance coverage primarily to its members in Korea.
KP&I’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remains strong, owing to its low underwriting leverage and conservative investment profile. Although the club has slightly increased its net retention limit in 2017, A.M. Best expects its risk-adjusted capitalization to remain at solid levels, underpinned by its prudent underwriting guidance.
The club has maintained profitable operating performance over the past five years while reporting a modest level of volatility in key metrics, primarily driven by underwriting performance.
KP&I has gradually increased its premium income in 2017 amid the prolonged recession in the shipping market, due to various initiatives including a new coinsurance program with an International Group of P&I club member to target the larger vessel market in Korea.
While positive rating actions are unlikely in the near future, negative rating actions could occur if there is a material decrease in the club’s risk-adjusted capitalization or sustained deterioration in its operating performance.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
The ratings reflect KP&I’s solid risk-adjusted capitalization and adequate operating performance. Additionally, the club has a favorable business profile, offering protection and indemnity (P&I) insurance coverage primarily to its members in Korea.
KP&I’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remains strong, owing to its low underwriting leverage and conservative investment profile. Although the club has slightly increased its net retention limit in 2017, A.M. Best expects its risk-adjusted capitalization to remain at solid levels, underpinned by its prudent underwriting guidance.
The club has maintained profitable operating performance over the past five years while reporting a modest level of volatility in key metrics, primarily driven by underwriting performance.
KP&I has gradually increased its premium income in 2017 amid the prolonged recession in the shipping market, due to various initiatives including a new coinsurance program with an International Group of P&I club member to target the larger vessel market in Korea.
While positive rating actions are unlikely in the near future, negative rating actions could occur if there is a material decrease in the club’s risk-adjusted capitalization or sustained deterioration in its operating performance.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Moungmo Lee, +65 6589 8412
Managing Director, Analytics
moungmo.lee@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Moungmo Lee, +65 6589 8412
Managing Director, Analytics
moungmo.lee@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
A.M. BEST AFFIRMS CREDIT RATINGS OF HANWHA GENERAL INSURANCE COMPANY LIMITED
HONG KONG, Aug 25 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Hanwha General Insurance Company Limited (HGI) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect HGI’s adequate risk-adjusted capitalization and recent improvement in its operating results. In addition, the ratings incorporate the implicit and explicit support the company receives from its parent company, Hanwha Life Insurance Co., Ltd.
HGI’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), decreased in 2016 due to an increase in investment and underwriting risks that was stronger than the growth of capital and surplus. The company reported strong growth in net premium income in 2016, driven by increases in premium rates and retention in its major business line of long-term insurance. However, the current ratings are supported by factors that include HGI’s proactive capital management strategies and conservative investment portfolio. Moreover, the company reported considerable improvement in profitability over the past three years, owing to measures such as restructuring its insurance portfolio and increases in premium rates.
Partially offsetting rating factors include the company’s increased reliance on reinsurance arrangements for its long-term insurance business line and its high asset leverage, which could cause volatility in profitability and capitalization. Positive rating actions could occur if HGI demonstrates a stable track record in operating performance and capitalization. Negative rating actions could occur if the company’s operating performance or risk-adjusted capitalization deteriorates significantly, or if there is a sizeable decline in the parent company’s financial strength and credit profile.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
The ratings reflect HGI’s adequate risk-adjusted capitalization and recent improvement in its operating results. In addition, the ratings incorporate the implicit and explicit support the company receives from its parent company, Hanwha Life Insurance Co., Ltd.
HGI’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), decreased in 2016 due to an increase in investment and underwriting risks that was stronger than the growth of capital and surplus. The company reported strong growth in net premium income in 2016, driven by increases in premium rates and retention in its major business line of long-term insurance. However, the current ratings are supported by factors that include HGI’s proactive capital management strategies and conservative investment portfolio. Moreover, the company reported considerable improvement in profitability over the past three years, owing to measures such as restructuring its insurance portfolio and increases in premium rates.
Partially offsetting rating factors include the company’s increased reliance on reinsurance arrangements for its long-term insurance business line and its high asset leverage, which could cause volatility in profitability and capitalization. Positive rating actions could occur if HGI demonstrates a stable track record in operating performance and capitalization. Negative rating actions could occur if the company’s operating performance or risk-adjusted capitalization deteriorates significantly, or if there is a sizeable decline in the parent company’s financial strength and credit profile.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Moungmo Lee, +65 6589 8412
Managing Director, Analytics
moungmo.lee@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Seewon Oh, +852 2827 3404
Associate Director, Analytics
seewon.oh@ambest.com
or
Moungmo Lee, +65 6589 8412
Managing Director, Analytics
moungmo.lee@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
GRAMINEX L.L.C. OPENS NEW OFFICE IN SEOUL, KOREA, GRAMINEX KOREA CO., LTD.
SAGINAW, Mich., Aug 25 (Bernama-BUSINESS WIRE) -- Graminex® LLC, producer of Graminex® Flower Pollen Extracts™, is pleased to announce the opening of Graminex® Korea Co., Ltd. Sun-Ho Frank Kim, Ph.D. has been appointed Managing Director of the local office in Seoul, Korea.
Dr. Sun-Ho Frank Kim has extensive international experience in the pharmaceutical, dietary supplement and food industries. Prior to joining Graminex®, Dr. Sun-Ho Frank Kim, held the position of Director at Kunpoong Bio, Branch Manager at US based TSI Health Science and Business Executive Advisor at CJ CheilJedang, developing and implementing sales and marketing strategies. Additionally, Dr. Sun-Ho Frank Kim, brings his scientific background and KFDA experience to Graminex®. Dr. Sun-Ho Frank Kim earned a Doctor of Science degree in Biomaterial Sciences from Yonsei University, Korea.
http://mrem.bernama.com/viewsm.php?idm=29887
Dr. Sun-Ho Frank Kim has extensive international experience in the pharmaceutical, dietary supplement and food industries. Prior to joining Graminex®, Dr. Sun-Ho Frank Kim, held the position of Director at Kunpoong Bio, Branch Manager at US based TSI Health Science and Business Executive Advisor at CJ CheilJedang, developing and implementing sales and marketing strategies. Additionally, Dr. Sun-Ho Frank Kim, brings his scientific background and KFDA experience to Graminex®. Dr. Sun-Ho Frank Kim earned a Doctor of Science degree in Biomaterial Sciences from Yonsei University, Korea.
http://mrem.bernama.com/viewsm.php?idm=29887
PAYBYPHONE APPOINTS FRANCIS DUPUIS AS NEW CEO
VANCOUVER, British Columbia, Aug 24 (Bernama-GLOBE NEWSWIRE) --PayByPhone, the global leader in mobile parking payments, today announced that it has appointed Francis Dupuis as President and Chief Executive Officer effective August 23rd, 2017. Kush Parikh, former President and CEO, has stepped down from the role after his successful 3.5-year term with the business. During his time at PayByPhone, Kush led the business to profitability, established a strong focus on end customers and was pivotal in its ground-breaking sale to Volkswagen Financial Services.
“With more than 20 years of experience in the software industry and a deep product background, Francis is exactly the kind of leader we need to further grow and innovate in the parking market on an international scale,” said Stefan Imme, Head of M&A and Investment Management at Volkswagen Financial Services AG.
Francis, a long-standing member of the executive team at PayByPhone, takes the reins at a pivotal time for the company. The recent acquisition of PayByPhone by Volkswagen Financial Service AG gives the PayByPhone team unprecedented access to the automotive industry at a time when smart parking and smart city initiatives are booming.
"I'm very excited about the opportunity we have to build on our history of innovation and continue to drive the transformation of the parking industry," Francis Dupuis said. "We’re extremely well poised to grow the business to its true potential."
ABOUT PAYBYPHONE
PayByPhone is one of the fastest growing mobile payments companies in the world, processing more than $325 million in payments annually. Through the company's mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking without the hassles of waiting in line, having to carry change or risking costly fines.
Thomas Nguyen, Marketing Manager
tnguyen@paybyphone.com
Source : PayByPhone
--BERNAMA
“With more than 20 years of experience in the software industry and a deep product background, Francis is exactly the kind of leader we need to further grow and innovate in the parking market on an international scale,” said Stefan Imme, Head of M&A and Investment Management at Volkswagen Financial Services AG.
Francis, a long-standing member of the executive team at PayByPhone, takes the reins at a pivotal time for the company. The recent acquisition of PayByPhone by Volkswagen Financial Service AG gives the PayByPhone team unprecedented access to the automotive industry at a time when smart parking and smart city initiatives are booming.
"I'm very excited about the opportunity we have to build on our history of innovation and continue to drive the transformation of the parking industry," Francis Dupuis said. "We’re extremely well poised to grow the business to its true potential."
ABOUT PAYBYPHONE
PayByPhone is one of the fastest growing mobile payments companies in the world, processing more than $325 million in payments annually. Through the company's mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking without the hassles of waiting in line, having to carry change or risking costly fines.
Thomas Nguyen, Marketing Manager
tnguyen@paybyphone.com
Source : PayByPhone
--BERNAMA
A.M. BEST COMMENTS ON CREDIT RATINGS OF MITSUI SUMITOMO INSURANCE COMPANY, LIMITED
HONG KONG, Aug 25 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) remain unchanged following its announced acquisition of First Capital Insurance Limited (First Capital).
This Credit Rating (rating) commentary follows MS&AD Insurance Group Holdings, Inc.’s (MS&AD) announcement on Aug. 24 2017, that its wholly owned subsidiary, MSI, has entered an agreement to acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited.
http://mrem.bernama.com/viewsm.php?idm=29891
This Credit Rating (rating) commentary follows MS&AD Insurance Group Holdings, Inc.’s (MS&AD) announcement on Aug. 24 2017, that its wholly owned subsidiary, MSI, has entered an agreement to acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited.
http://mrem.bernama.com/viewsm.php?idm=29891
Thursday 24 August 2017
INCREASED DIGITALISATION WILL BOOST SALES OF ELECTRONICS TO REACH ALMOST 700 BILLION DOLLARS IN 2022
SINGAPORE, Aug 23 (Bernama-BUSINESS WIRE) -- Euromonitor International released today new data on the global consumer electronics industry.
According to the new research, consumer electronics sales will grow by 4.4 percent in the next five years, reaching 699.8 billion dollars by 2022. Emerging markets such as China and India will lead this growth, driven by a fast-growing middle class and their growing income.
“As businesses move towards digitalisation, this will further boost sales of connected devices over the forecast period. Blending of online and offline shopping experiences such as unmanned retail stores, use of augmented reality and virtual reality to engage with brands and a shift towards a cashless shopping experience through mobile devices will only seek to further cement the central role of smartphones in the Internet of Things and expand its use case with today’s digital consumers,” says Head of Consumer Electronics at Euromonitor International, Wee Teck Loo.
While smartphones represent 57 percent of total electronics volume sales, activity watches and wireless speakers will be the fastest growing products. “Consumers will be buying activity wearables as a fashion statement, rather than to just track the number of steps walked or calories burned. Sales of activity watches (analogue) are poised to be particularly fast, at 20 percent Compound Annual Growth Rate (CAGR) in value terms,” adds Loo.
The top ten wearable electronics markets in 2017 are:
1. USA: US$ 8.3 bn
2. China: US$ 4.2 bn
3. United Kingdom: US$ 818 mn
4. Germany: US$ 700 mn
5. Japan: US$ 597 mn
6. Australia: US$ 423 mn
7. Canada: US$ 349 mn
8. France: US$ 333 mn
9. South Korea: US$ 278 mn
10. Spain: US$ 225 mn
To learn more about Euromonitor International’s Consumer Electronics research, visit: http://blog.euromonitor.com/category/consumer-electronics
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
“As businesses move towards digitalisation, this will further boost sales of connected devices over the forecast period. Blending of online and offline shopping experiences such as unmanned retail stores, use of augmented reality and virtual reality to engage with brands and a shift towards a cashless shopping experience through mobile devices will only seek to further cement the central role of smartphones in the Internet of Things and expand its use case with today’s digital consumers,” says Head of Consumer Electronics at Euromonitor International, Wee Teck Loo.
While smartphones represent 57 percent of total electronics volume sales, activity watches and wireless speakers will be the fastest growing products. “Consumers will be buying activity wearables as a fashion statement, rather than to just track the number of steps walked or calories burned. Sales of activity watches (analogue) are poised to be particularly fast, at 20 percent Compound Annual Growth Rate (CAGR) in value terms,” adds Loo.
The top ten wearable electronics markets in 2017 are:
1. USA: US$ 8.3 bn
2. China: US$ 4.2 bn
3. United Kingdom: US$ 818 mn
4. Germany: US$ 700 mn
5. Japan: US$ 597 mn
6. Australia: US$ 423 mn
7. Canada: US$ 349 mn
8. France: US$ 333 mn
9. South Korea: US$ 278 mn
10. Spain: US$ 225 mn
To learn more about Euromonitor International’s Consumer Electronics research, visit: http://blog.euromonitor.com/category/consumer-electronics
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
Contacts
Vesta Ratkevičiūtė
Senior Communications Executive – Euromonitor International
Tel: +65-6429-0590 ext: 6597
vesta.ratkeviciute@euromonitor.com
Senior Communications Executive – Euromonitor International
Tel: +65-6429-0590 ext: 6597
vesta.ratkeviciute@euromonitor.com
Source: Euromonitor International
CROWDSTRIKE EXPANDS OPERATIONS IN APAC AND ACHIEVES STRONG GROWTH IN FIRST HALF OF 2017
Company broadens footprint in Singapore, New Zealand, India and Northern Asia; appoints key hires in Asia Pacific Region
SYDNEY, Aug 24 (Bernama-BUSINESS WIRE) --
CrowdStrike® Inc., the leader in cloud-delivered endpoint protection,
today announced the rapid expansion of its Asia Pacific (APAC)
operations on the heels of triple-digit bookings growth. The company has
established offices and headcount in key markets including Singapore,
New Zealand, India and Northern Asia. Increased demand within the APAC
region for CrowdStrike Falcon®,
the first cloud-based endpoint protection platform, continues to spike
as organizations replace legacy antivirus (AV) solutions with
next-generation technology.
CrowdStrike Falcon is the only platform that unifies next-generation AV, endpoint detection and response (EDR), and a 24/7 threat hunting service — all delivered via a single lightweight agent. With CrowdStrike Falcon, organizations can replace their AV or augment it with a full-scale endpoint protection solution, powered by a cloud-native architecture and artificial intelligence/machine learning.
While CrowdStrike opened APAC headquarters in June 2016, the organization has had customers within the region for more than four years. Since then, CrowdStrike has seen growing momentum in its business and operations, sales growth, and a rapidly expanding customer base. This May, CrowdStrike completed a $100 million Series D funding round, led by existing investor Accel along with CapitalG (formerly Google Capital), Warburg Pincus, March Capital Partners and regional investor Telstra. This round of funding will help CrowdStrike further accelerate its APAC expansion to meet the spiking demand for its Falcon platform.
In tandem with expanding operations, CrowdStrike has made multiple strategic hires to continue investment in the APAC region including regional director for India and SAARC, APAC director of Channel and Alliances, and regional Sales and Marketing managers for New Zealand, Southeast Asia and Victoria, Australia. CrowdStrike’s operations in APAC now include Australia, New Zealand, Singapore, India, and parts of Northern Asia.
Other regional milestones include:
CrowdStrike Falcon is the only platform that unifies next-generation AV, endpoint detection and response (EDR), and a 24/7 threat hunting service — all delivered via a single lightweight agent. With CrowdStrike Falcon, organizations can replace their AV or augment it with a full-scale endpoint protection solution, powered by a cloud-native architecture and artificial intelligence/machine learning.
While CrowdStrike opened APAC headquarters in June 2016, the organization has had customers within the region for more than four years. Since then, CrowdStrike has seen growing momentum in its business and operations, sales growth, and a rapidly expanding customer base. This May, CrowdStrike completed a $100 million Series D funding round, led by existing investor Accel along with CapitalG (formerly Google Capital), Warburg Pincus, March Capital Partners and regional investor Telstra. This round of funding will help CrowdStrike further accelerate its APAC expansion to meet the spiking demand for its Falcon platform.
In tandem with expanding operations, CrowdStrike has made multiple strategic hires to continue investment in the APAC region including regional director for India and SAARC, APAC director of Channel and Alliances, and regional Sales and Marketing managers for New Zealand, Southeast Asia and Victoria, Australia. CrowdStrike’s operations in APAC now include Australia, New Zealand, Singapore, India, and parts of Northern Asia.
Other regional milestones include:
- 245 percent growth in new customers, year over year
- Total bookings year-over-year increased by 410 percent
- 154 percent channel pipeline growth
- Doubled headcount and continued investments to broaden the partner and channel pipeline
Supporting Quotes:
Kevin O’Sullivan, head of Security Services, Kinetic IT
“Today, customers are looking to move away from point products and adopt comprehensive solutions to not only transform their legacy AV but also add capabilities to detect and respond to advanced attacks. CrowdStrike Falcon offers exactly that and enables customers to stop breaches regardless of how threats continue to evolve. CrowdStrike and Kinetic IT share a commitment to putting the customer first and delivering best-of-breed solutions to drive value and ROI and we look forward to continuing to our productive partnership.”
Michael Ostrowski, regional vice president of Sales, APAC at Proficio
“As a global, next-gen cybersecurity services provider, Proficio is continually focused on providing its clients with state-of-the-art monitoring, detection and response solutions like CrowdStrike’s Falcon platform. Through our valued partnership with CrowdStrike, we are able to offer our clients the most comprehensive and effective solution to stop modern-day attacks and give them a definitive advantage against the rising tide of threats that they are facing not just in the APAC region but globally as well. The CrowdStrike Falcon platform not only improves our overall visibility into our customers’ environment but also allows us to provide better actionable intelligence, recommendations and remediation.”
Andrew Littleproud, vice president of APAC, CrowdStrike
“The CrowdStrike Falcon platform delivers to customers maximum protection against modern-day threats, along with best-in-class performance, efficacy, and efficiency. This powerful combination has allowed us to set a new standard in endpoint security, which is driving incredible momentum in our sales across APAC. We are excited to expand our presence in APAC countries and will continue to invest within the region throughout the rest of 2017.”
About CrowdStrike®
CrowdStrike is the leader in cloud-delivered endpoint protection. The CrowdStrike Falcon® platform offers instant visibility and protection across the enterprise and prevents attacks on endpoints on or off the network. CrowdStrike Falcon deploys in minutes to deliver actionable intelligence and real-time protection from Day One. Falcon seamlessly unifies next-generation AV with best-in-class endpoint detection and response, backed by 24/7 managed hunting. Its cloud infrastructure and single-agent architecture take away complexity and add scalability, manageability, and speed. CrowdStrike Falcon protects customers against all cyber attack types, using sophisticated signatureless artificial intelligence/machine learning and Indicator-of-Attack (IOA) based threat prevention to stop known and unknown threats in real time. Powered by the CrowdStrike Threat Graph™, Falcon instantly correlates over 50 billion security events from across the globe to immediately prevent and detect threats.
There's much more to the story of how Falcon has redefined endpoint protection but there's only one thing to remember about CrowdStrike: We stop breaches.
Learn more: https://www.crowdstrike.com/
Follow us: Blog | Twitter
© 2017 CrowdStrike, Inc. All rights reserved. CrowdStrike®, CrowdStrike Falcon®, CrowdStrike Threat Graph™, CrowdStrike Falcon Prevent™, Falcon Prevent™, CrowdStrike Falcon Insight™, Falcon Insight™, CrowdStrike Falcon Discover™, Falcon Discover™, CrowdStrike Falcon Intelligence™, Falcon Intelligence™, CrowdStrike Falcon DNS™, Falcon DNS™, CrowdStrike Falcon OverWatch™, and Falcon OverWatch™ are the trademarks of CrowdStrike, Inc. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.
Source: CrowdStrike, Inc.
A.M. BEST AFFIRMS CREDIT RATINGS OF ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED
SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Royal Insurance Corporation of Bhutan Limited (RICB) (Bhutan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect RICB’s adequate risk-adjusted capitalization, established business profile within its domestic market and track record of strong operating performance. RICB is the larger of the two insurance companies in Bhutan, holding a dominant share of the country’s non-life market and a monopoly in its life insurance market.
The company’s strong operating performance is driven primarily by its favorable investment income and positive underwriting results. Investment income comprises primarily interest income from RICB’s sizable portfolio of loans and advances.
http://mrem.bernama.com/viewsm.php?idm=29881
The ratings reflect RICB’s adequate risk-adjusted capitalization, established business profile within its domestic market and track record of strong operating performance. RICB is the larger of the two insurance companies in Bhutan, holding a dominant share of the country’s non-life market and a monopoly in its life insurance market.
The company’s strong operating performance is driven primarily by its favorable investment income and positive underwriting results. Investment income comprises primarily interest income from RICB’s sizable portfolio of loans and advances.
http://mrem.bernama.com/viewsm.php?idm=29881
INTERNATIONAL BODY POSITIVE MENTOR, ARABELLA S. RUBY, LAUNCHES NEW FASHION COLLECTION UNDER THE XEHAR BRAND, ARABELLA BY XEHAR
Xehar’s successful ambassador marketing campaign continues to drive online sales while spreading body positive messages among millennials around the world
PLAYA VISTA, Calif., Aug 24 (Bernama-GLOBE NEWSWIRE) -- Today Xehar launches their newest collection Arabella by Xehar, an edgy and contemporary plus size fashion line targeting progressive millennials. High demand for Xehar’s custom clothing lines can be seen by the recent collection Laura by Xehar, which sold out in a record 10 days. Xehar has developed a proven method in creating collections inspired by Body Positive Mentors who have a significant social media following.
http://mrem.bernama.com/viewsm.php?idm=29878
PLAYA VISTA, Calif., Aug 24 (Bernama-GLOBE NEWSWIRE) -- Today Xehar launches their newest collection Arabella by Xehar, an edgy and contemporary plus size fashion line targeting progressive millennials. High demand for Xehar’s custom clothing lines can be seen by the recent collection Laura by Xehar, which sold out in a record 10 days. Xehar has developed a proven method in creating collections inspired by Body Positive Mentors who have a significant social media following.
http://mrem.bernama.com/viewsm.php?idm=29878
A.M. BEST AFFIRMS CREDIT RATINGS OF EQ INSURANCE COMPANY LIMITED
SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of EQ Insurance Company Limited (EQ) (Singapore). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect EQ’s adequate risk-adjusted capitalization, which has benefited from capital injections by its parent company, Citystate Capital Asia Pte. Ltd. EQ’s capital position grew by a cumulative average of approximately 7% in the five years ending Dec. 31, 2016. Its risk-adjusted capitalization is supported by low underwriting leverage and prudent investments that are held predominantly in cash and bonds.
http://mrem.bernama.com/viewsm.php?idm=29879
The ratings reflect EQ’s adequate risk-adjusted capitalization, which has benefited from capital injections by its parent company, Citystate Capital Asia Pte. Ltd. EQ’s capital position grew by a cumulative average of approximately 7% in the five years ending Dec. 31, 2016. Its risk-adjusted capitalization is supported by low underwriting leverage and prudent investments that are held predominantly in cash and bonds.
http://mrem.bernama.com/viewsm.php?idm=29879
Wednesday 23 August 2017
BLUJAY SOLUTIONS RAISES UP TO $500 MILLION NEW FINANCING TO DRIVE ACCELERATED GROWTH
MANCHESTER, England, Aug 22 (Bernama-BUSINESS WIRE) -- BluJay Solutions, a leading provider of supply chain software and services powered by the world's first Global Trade Network, has raised a significant new financing facility from TPG Specialty Lending and BlueBay Asset Management's Private Debt Group. The capital will bolster BluJay's continued expansion of its market-leading Global Trade Network and help accelerate growth. In addition, the facility allows for $200 million of additional capital to finance acquisitions as BluJay continues to expand its market-leading software solutions.
"Our Global Trade Network has been widely accepted by companies around the globe," said Doug Braun, BluJay Solutions CEO. "They understand the power and vision of bringing thousands of supply chain participants into a single network and workflow. We are winning more deals because our Global Trade Network is resonating, and this new financing will allow us to accelerate our expansion plans."
"Our Global Trade Network has been widely accepted by companies around the globe," said Doug Braun, BluJay Solutions CEO. "They understand the power and vision of bringing thousands of supply chain participants into a single network and workflow. We are winning more deals because our Global Trade Network is resonating, and this new financing will allow us to accelerate our expansion plans."
NEW CRYPTOCURRENCY MINING RIGS FROM HMINERS RECEIVE POSITIVE FEEDBACK FROM USERS
Three
recently launched cryptocurrency mining rigs from Hminers have now
started receiving an encouraging response from the earliest users. These
multi algorithm mining rigs were designed by the company to deliver a
higher hash rate with minimum power consumption.
MIAMI, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Hminers is pleased to reveal that their recently launched cryptocurrency mining rigs are off to an encouraging start, with positive reviews coming in from several users. It may be recalled that the company has recently come up with H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U, three advanced and powerful mining rigs that have already shown promises of making a strong impact on the rapidly expanding crowdfunding market. All these products are now selling successfully on the company’s website www.hminers.com
With the steadily growing population of cryptocurrencies, the demand for mining rigs has also experienced a significant growth over the years. However, unfortunately, many of the available products fail to deliver the desired level of hash rate to the users. Incidentally, hash rate is the most important parameter to judge the efficiency of a mining rig. Moreover, many industry experts have expressed concern about the high electric power consumption by most of the mining rigs available on the market.
Hminers is a team of cryptocurrency enthusiasts and experts that grabbed the attention of the industry some years ago by creating the world’s first 10 nm ASIC Chip. Now, the company has worked diligently to deliver three cryptocurrency mining rigs that not only deliver extremely high hash rates, but also address the problem of excessive power consumption.
Some of the top features of these mining rigs include
MIAMI, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Hminers is pleased to reveal that their recently launched cryptocurrency mining rigs are off to an encouraging start, with positive reviews coming in from several users. It may be recalled that the company has recently come up with H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U, three advanced and powerful mining rigs that have already shown promises of making a strong impact on the rapidly expanding crowdfunding market. All these products are now selling successfully on the company’s website www.hminers.com
With the steadily growing population of cryptocurrencies, the demand for mining rigs has also experienced a significant growth over the years. However, unfortunately, many of the available products fail to deliver the desired level of hash rate to the users. Incidentally, hash rate is the most important parameter to judge the efficiency of a mining rig. Moreover, many industry experts have expressed concern about the high electric power consumption by most of the mining rigs available on the market.
Hminers is a team of cryptocurrency enthusiasts and experts that grabbed the attention of the industry some years ago by creating the world’s first 10 nm ASIC Chip. Now, the company has worked diligently to deliver three cryptocurrency mining rigs that not only deliver extremely high hash rates, but also address the problem of excessive power consumption.
Some of the top features of these mining rigs include
- High hash rates
- Low power consumption
- Built and designed to operate under multiple algorithms
- Low noise and heat generation
- Suitable for mining Bitcoin/Litecoin/Ethereum/Dash
- Guaranteed Return of Investment in less than a month
Expressing pleasure about the company’s H2U Miner, a recent user mentioned, “I have recently purchased the H2U Miner from Hminers and the experience so far has been just amazing. With solid hash rate and low power consumption, this product is certainly miles ahead of any other mining rig I have used so far. My accolades to the creators for delivering something that the market has been missing so far.”
Reacting to the positive market response for the mining rigs, a senior official from Hminers stated, “Our team has spent several months in evaluating, prototyping, and extreme-condition pressure testing of these products to achieve perfection. It is certainly great to see that their effort and dedication is making a serious difference in the user experience of our customers.”
To find out more about the new Hminers Mining Rigs, please visit https://hminers.com/products/
About Hminers: Hminers is the most recognizable company in the cryptocurrency industry and the proud creators of the world’s first 10 nm ASIC Chip. The core team of this organization comprises of top level specialists from globally renowned organizations such as IBM, Microsoft, and Samsung.
Contact:
Adam Lark
info@hminers.com
+1 305-203-6542
SOURCE : HMiners Technologies Inc
MANUPORT LOGISTICS USES DESCARTES FOR SOLAS COMPLIANCE
LIER, Belgium, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Manuport Logistics in Belgium is using the Descartes Verified Gross Mass™ (Descartes VGM™) solution to help its customers comply with the International Convention for the Safety of Life at Sea (SOLAS) regulations for container weight requirements.
“The long-standing relationship Manuport has with Descartes played an important role in our selection of the Descartes VGM solution; however, it was the rapid implementation capabilities that really differentiated Descartes,” said Luc Geerts, Strategic Accounts Manager at Manuport Logistics. “In addition, Descartes has an impressive track record in networked communication and the Descartes VGM solution uses a similar Descartes standard message format as we do for managing shipments. In the maritime industry where messaging standards are limited, Descartes greatly simplifies the process of communicating with different stakeholders in our supply chain.”
http://mrem.bernama.com/viewsm.php?idm=29863
“The long-standing relationship Manuport has with Descartes played an important role in our selection of the Descartes VGM solution; however, it was the rapid implementation capabilities that really differentiated Descartes,” said Luc Geerts, Strategic Accounts Manager at Manuport Logistics. “In addition, Descartes has an impressive track record in networked communication and the Descartes VGM solution uses a similar Descartes standard message format as we do for managing shipments. In the maritime industry where messaging standards are limited, Descartes greatly simplifies the process of communicating with different stakeholders in our supply chain.”
http://mrem.bernama.com/viewsm.php?idm=29863
ARE ZERO WASTE & ZERO PLASTIC CITIES FEASIBLE? GREEN CITY EXPERTS TO WEIGH IN AT SELANGOR FORUM
SHAH ALAM, Aug 23 (Bernama) -- This September 8th, leading experts will be at the Setia City Convention Centre to share and discuss about the benefits, challenges, pragmatism and potential of building Zero Waste and Zero Plastic cities, as part of the Selangor Smart City & Future Commerce Convention 2017.
The Green City Forum will feature speakers from the UN and the region, such as Indonesia, and the Philippines. Local waste management experts and environmental entrepreneurs will also share their thoughts on how to make businesses green, yet still profitable.
Officiated by Y.B Elizabeth Wong, Selangor Executive Council Member for Tourism, Consumer Affairs, Green Tech and Environment, the forum will see a Keynote Speech delivered by Mr. Choudhury Rudra Charan Mohanty, the Environment Programme Coordinator of the United Nations Centre for Regional Development, who will be tackling the topic titled “Towards Resource Efficient & Zero Waste Societies”.
http://mrem.bernama.com/viewsm.php?idm=29870
The Green City Forum will feature speakers from the UN and the region, such as Indonesia, and the Philippines. Local waste management experts and environmental entrepreneurs will also share their thoughts on how to make businesses green, yet still profitable.
Officiated by Y.B Elizabeth Wong, Selangor Executive Council Member for Tourism, Consumer Affairs, Green Tech and Environment, the forum will see a Keynote Speech delivered by Mr. Choudhury Rudra Charan Mohanty, the Environment Programme Coordinator of the United Nations Centre for Regional Development, who will be tackling the topic titled “Towards Resource Efficient & Zero Waste Societies”.
http://mrem.bernama.com/viewsm.php?idm=29870
Tuesday 22 August 2017
A.M. BEST ASSIGNS ISSUER CREDIT RATING TO CBL CORPORATION LIMITED
SINGAPORE, Aug 21 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a Long-Term Issuer Credit Rating (rating) of “bbb-” to CBL Corporation Limited (CCL) (New Zealand). The outlook assigned to the rating is stable.
CCL is a listed company on the Australian Securities Exchange and the New Zealand Stock Exchange. The lead insurance subsidiary within this group is CBL Insurance Limited (CBL), a non-life insurer that specializes in writing building- and construction-related credit and financial surety insurance, bonding and reinsurance.
CCL’s rating reflects the use of typical notching from CBL’s current rating, which is “a-”, with a stable outlook. On a consolidated basis, CCL maintains moderate financial leverage, and A.M. Best expects CCL’s interest coverage ratios to continue to support its guideline for the assigned rating.
Factors that may lead to negative rating actions for CCL include deterioration in operating performance in the subsidiary insurance operations or a decrease in CBL’s risk-adjusted capitalization to a level that would no longer support its current ratings.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
CELULARITY, INC., ACCELERATES BREAKTHROUGH PLACENTAL DISCOVERY & THERAPEUTIC PLATFORM
---New
Biotechnology Company Accelerates the Delivery of Transformative
Innovations in Treatments of Cancer, Inflammatory & Degenerative
Diseases, and Functional Regeneration
---Contributions of Capital, More Than 200+ Issued and Pending Patents, Pre-Clinical and Clinical Assets and Commercial Products Obtained from Companies Including Celgene Corporation, Sorrento Therapeutics (Nasdaq: SRNE), United Therapeutics (Nasdaq: UTHR), and Human Longevity, Inc.
---Contributions of Capital, More Than 200+ Issued and Pending Patents, Pre-Clinical and Clinical Assets and Commercial Products Obtained from Companies Including Celgene Corporation, Sorrento Therapeutics (Nasdaq: SRNE), United Therapeutics (Nasdaq: UTHR), and Human Longevity, Inc.
WARREN, N.J., Aug 22 (Bernama-BUSINESS WIRE) --
Celularity, Inc., a newly formed biotechnology company, today announced
its acceleration of cell and tissue regenerative therapies to address
unmet medical needs in cancer and chronic and degenerative disease.
Celularity completed their Series A financing with contributions from
several biopharma companies, including Sorrento Therapeutics, United
Therapeutics Corporation and Human Longevity, Inc., and entrepreneurial
investors.
Celularity has been created through the contributions of extensive intellectual property, clinical-stage assets, basic and clinical research, and development expertise including:
Celularity has been created through the contributions of extensive intellectual property, clinical-stage assets, basic and clinical research, and development expertise including:
- Several clinical-stage immuno-oncology and regenerative medicine assets and a pipeline of pre-clinical assets
- Proprietary allogeneic (“readily accessible”) immunotherapy platform
- 200+ issued and pending patents in cell therapy; robust IP for placental stem cells
- Broad fully human antibody-CAR constructs
- IND-ready joint CD38 immuno-oncology programs
- Commercial-stage functional regeneration products Biovance® and Interfyl®* and pipeline assets
- LifeBankUSA stem cell biorepository with two decades operating expertise
Founded
on the pioneering work of Robert Hariri, MD, PhD, in human
placenta-derived cellular therapeutics and biomaterials, Celularity’s
ability to procure placental stem cells, engineer potential therapies,
and deploy potential treatments, positions it to harness the potential
of the human placenta and operate along the entire value chain.
“Celularity was formed as a new biotechnology model designed to apply the necessary expertise to harness our placenta discovery platform across a range of unmet medical needs,” said Celularity Founder and Chief Executive Officer, Robert J. Hariri, MD, PhD. “With the support of our investors, we are assembling proven regenerative medicine technology and expertise with the goal of developing transformative therapies for fatal and intractable diseases.” Dr. Hariri was previously chairman, chief scientific officer and chief executive officer of Celgene Cellular Therapeutics and founder of Anthrogenesis Corporation, which Celgene acquired in 2002. Dr. Hariri is also the co-founder of Human Longevity, Inc.
The formation of Celularity leverages seminal work in the discovery of novel biologically active cell populations in the human placenta with broad therapeutic potential. Celularity will draw upon these proprietary and scalable discoveries that derive from the post-partum human placenta – an ethical and renewable source of usable biomaterials. Celularity’s development program is focused on an allogeneic platform, leveraging clinically accessible, immune-tolerant cells and biomaterials from a diverse population of informed-consent donors.
Andrew von Eschenbach, MD, among the founding members of the Celularity Board of Directors and former United States Food and Drug Administration (FDA) Commissioner and Director of the National Cancer Institute said, “The pioneering work of Celularity founder Bob Hariri has unleashed the unique properties of placental derived stem cells which have renewed hope for creating safe and effective therapies for the most challenging degenerative diseases." Dr. von Eschenbach added "Celularity with its focus on accelerating innovation in regenerative medicine can become the leading catalyst for cell therapy to address many of the world's unmet medical needs."
*Interfyl is a registered trademark of Alliqua BioMedical, Inc.
Dr. Henry Ji, President and CEO of Sorrento Therapeutics, said, “We are very excited to participate in the creation of Celularity together with Dr. Hariri and his scientific team as well as global leading biopharmaceutical companies, such as Celgene, Human Longevity Inc., and United Therapeutics. The potential for regenerative therapies in treating a wide array of chronic degenerative conditions is well known. We see important synergies for the oncology field and the potential to enhance our fight against malignant cancers. Celularity’s technologies, assets, and resources will help advance selected Sorrento cellular therapy programs and potentially transform autologous cellular therapies into affordable and accessible allogeneic cell therapies.”
About Celularity, Inc.
Celularity, headquartered in Warren, New Jersey, is a biotechnology company with proprietary, leading-edge technology and Intellectual Property to harness the power of the placenta. Their medicine asset portfolio consists of more than 200 issued or pending patents as well as pre-clinical and clinical assets including CAR constructs for allogeneic CAR-T/NK products, licenses of 100+ immunotherapy assets, and commercial stage biosourcing and functional regeneration businesses. For more information, please visit www.celularity.com. Follow Celularity on Social Media: @Celularity.
About United Therapeutics
United Therapeutics Corporation is a biotechnology company focused on the development and commercialization of innovative products to address the unmet medical needs of patients with chronic and life-threatening conditions.
About Sorrento Therapeutics
Sorrento is an antibody-centric, clinical stage biopharmaceutical company developing new treatments for immuno-oncology, inflammation and autoimmune diseases. Sorrento's lead product candidates include immunotherapies focused on the treatment of both solid tumors and hematological malignancies, as well as late stage pain products. For more information, please visit http://sorrentotherapeutics.com
About Human Longevity, Inc.
Human Longevity, Inc. (HLI) is the genomics-based, health intelligence company creating the world’s largest and most comprehensive database of whole genome, phenotype and clinical data. HLI is developing and applying large scale computing and machine learning to make novel discoveries to revolutionize health. In addition to the HLIQ Whole Genome and HLIQ Oncology, HLI’s business also includes the HLI Health Nucleus, a genomic powered clinical research center which uses whole genome sequence analysis, advanced clinical imaging and innovative machine learning, along with curated personal health information, to deliver the most complete picture of individual health. For more information, please visit http://www.humanlongevity.com or http://www.healthnucleus.com
“Celularity was formed as a new biotechnology model designed to apply the necessary expertise to harness our placenta discovery platform across a range of unmet medical needs,” said Celularity Founder and Chief Executive Officer, Robert J. Hariri, MD, PhD. “With the support of our investors, we are assembling proven regenerative medicine technology and expertise with the goal of developing transformative therapies for fatal and intractable diseases.” Dr. Hariri was previously chairman, chief scientific officer and chief executive officer of Celgene Cellular Therapeutics and founder of Anthrogenesis Corporation, which Celgene acquired in 2002. Dr. Hariri is also the co-founder of Human Longevity, Inc.
The formation of Celularity leverages seminal work in the discovery of novel biologically active cell populations in the human placenta with broad therapeutic potential. Celularity will draw upon these proprietary and scalable discoveries that derive from the post-partum human placenta – an ethical and renewable source of usable biomaterials. Celularity’s development program is focused on an allogeneic platform, leveraging clinically accessible, immune-tolerant cells and biomaterials from a diverse population of informed-consent donors.
Andrew von Eschenbach, MD, among the founding members of the Celularity Board of Directors and former United States Food and Drug Administration (FDA) Commissioner and Director of the National Cancer Institute said, “The pioneering work of Celularity founder Bob Hariri has unleashed the unique properties of placental derived stem cells which have renewed hope for creating safe and effective therapies for the most challenging degenerative diseases." Dr. von Eschenbach added "Celularity with its focus on accelerating innovation in regenerative medicine can become the leading catalyst for cell therapy to address many of the world's unmet medical needs."
*Interfyl is a registered trademark of Alliqua BioMedical, Inc.
Dr. Henry Ji, President and CEO of Sorrento Therapeutics, said, “We are very excited to participate in the creation of Celularity together with Dr. Hariri and his scientific team as well as global leading biopharmaceutical companies, such as Celgene, Human Longevity Inc., and United Therapeutics. The potential for regenerative therapies in treating a wide array of chronic degenerative conditions is well known. We see important synergies for the oncology field and the potential to enhance our fight against malignant cancers. Celularity’s technologies, assets, and resources will help advance selected Sorrento cellular therapy programs and potentially transform autologous cellular therapies into affordable and accessible allogeneic cell therapies.”
About Celularity, Inc.
Celularity, headquartered in Warren, New Jersey, is a biotechnology company with proprietary, leading-edge technology and Intellectual Property to harness the power of the placenta. Their medicine asset portfolio consists of more than 200 issued or pending patents as well as pre-clinical and clinical assets including CAR constructs for allogeneic CAR-T/NK products, licenses of 100+ immunotherapy assets, and commercial stage biosourcing and functional regeneration businesses. For more information, please visit www.celularity.com. Follow Celularity on Social Media: @Celularity.
About United Therapeutics
United Therapeutics Corporation is a biotechnology company focused on the development and commercialization of innovative products to address the unmet medical needs of patients with chronic and life-threatening conditions.
About Sorrento Therapeutics
Sorrento is an antibody-centric, clinical stage biopharmaceutical company developing new treatments for immuno-oncology, inflammation and autoimmune diseases. Sorrento's lead product candidates include immunotherapies focused on the treatment of both solid tumors and hematological malignancies, as well as late stage pain products. For more information, please visit http://sorrentotherapeutics.com
About Human Longevity, Inc.
Human Longevity, Inc. (HLI) is the genomics-based, health intelligence company creating the world’s largest and most comprehensive database of whole genome, phenotype and clinical data. HLI is developing and applying large scale computing and machine learning to make novel discoveries to revolutionize health. In addition to the HLIQ Whole Genome and HLIQ Oncology, HLI’s business also includes the HLI Health Nucleus, a genomic powered clinical research center which uses whole genome sequence analysis, advanced clinical imaging and innovative machine learning, along with curated personal health information, to deliver the most complete picture of individual health. For more information, please visit http://www.humanlongevity.com or http://www.healthnucleus.com
Contacts
Media:
For Celularity
Olivia Goodman, 212-715-1597
olivia.goodman@finnpartners.com
or
Sorrento Therapeutics, Inc.
Alexis Nahama, DVM, 858-203-4120
anahama@sorrentotherapeutics.com
For Celularity
Olivia Goodman, 212-715-1597
olivia.goodman@finnpartners.com
or
Sorrento Therapeutics, Inc.
Alexis Nahama, DVM, 858-203-4120
anahama@sorrentotherapeutics.com
Source: Celularity, Inc.
MURATA CHEERLEADERS PERFORMING AT TECH DOME PENANG, MALAYSIA
KYOTO, Japan, Aug 22 (Bernama-BUSINESS WIRE) -- Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001):
For their second consecutive year, the Murata Cheerleaders will perform their synchronized dance at Japanese Technology Week at Tech Dome Penang this year. These innovative, world’s first cheerleading robots will be promoting latest technologies, unique Japanese innovations, and the ability of electronics to enrich human lives.
In cooperation with Tech Dome Penang, Murata will organize four demonstrations on 26th and 27th, and three demonstrations on 28th of August. Join us at the Japanese Technology Weekend at Tech Dome Penang and witness the impressive capabilities of the Japanese robots!
For their second consecutive year, the Murata Cheerleaders will perform their synchronized dance at Japanese Technology Week at Tech Dome Penang this year. These innovative, world’s first cheerleading robots will be promoting latest technologies, unique Japanese innovations, and the ability of electronics to enrich human lives.
In cooperation with Tech Dome Penang, Murata will organize four demonstrations on 26th and 27th, and three demonstrations on 28th of August. Join us at the Japanese Technology Weekend at Tech Dome Penang and witness the impressive capabilities of the Japanese robots!
Event Overview |
| Time | Saturday, August 26, and Sunday, August 27, 2017 | |
| Demonstrations commence at: (length of the demo ~20 min) | ||
| 11:00; 13:00; 15:00; 16:00 | ||
| Monday, August 28, 2017 | ||
| Demonstrations commence at: (length of the demo ~20 min) | ||
| 11:00; 13:00; 15:00 | ||
| Place | Tech Dome Penang, KOMTAR Geodesic Dome, Jalan Penang, 10000 George Town, Pulau Pinang, Malaysia | |
About Tech Dome Penang
Tech Dome Penang (TDP) is a science and discovery center situated in Georgetown, Penang. It is a not-for-profit organization established to motivate and inspire young people concerning Science and Technology by allowing them to experience science in a fun way. TDP was open to the public in July 16th 2016. Apart from the 120 interactive exhibits which demonstrate scientific concepts to our visitors, TDP also runs special projects, workshops, education programs and team building activities. For more information, visit Tech Dome Penang’s website http://techdomepenang.org/
About Murata
Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51671076&lang=en
Contacts
Media Contact
Murata Manufacturing Co., Ltd.
Yoshihiko TAKEDA, +81 (0)75 955 6786
Corporate Communications Office
takeday@murata.com
Murata Manufacturing Co., Ltd.
Yoshihiko TAKEDA, +81 (0)75 955 6786
Corporate Communications Office
takeday@murata.com
Source: Murata Manufacturing Co., Ltd.
Monday 21 August 2017
GENESIS HEALTHCARE, PIONEER IN GENETIC HEALTH TESTING, ANNOUNCES 1.4 BIL. YEN NEW SHARE ISSUE TO RAKUTEN
TOKYO, Aug 21 (Bernama) --
| Genesis Healthcare Co. has announced the completion of a new share issue worth 1.4 billion yen for allotment to Rakuten Inc. Furthermore, Rakuten's Chairman and CEO will join Genesis Healthcare's Board of Directors as an External Board Director. As a result of the new stock offering, Genesis Healthcare's capital has increased to 2.1 billion yen, one of the largest paid-in-capital levels among genetic testing companies in Japan. Genesis Healthcare, founded in 2004, already manages one of the largest genetic databases in Asia and Japan, with data of approximately 520,000 individuals as of August, 2017, and plans to increase its database size to one million by 2020. While Genesis Healthcare offers various genetic testing services to the government, medical community, academia, industry and consumers, it also offers healthcare and disease prevention test kits and IT services under the consumer brand "GeneLife" in order to enrich people's lives through personalized genetic testing. Genesis Healthcare's Co-Founder and President, Dr. Iri Sato Baran, commented: "The investment by Rakuten, a Japan leader in Internet services, will allow us to increase awareness of genetic information technology through digital healthcare for the betterment of personalized health and self-medication." http://mrem.bernama.com/viewsm.php?idm=29849 |
Friday 18 August 2017
HMINERS DISRUPTS THE CRYPTOCURRENCY MARKET WITH POWERFUL, MULTI-ALGORITHM MINING RIGS
Hminers continues to hit the headlines in the rapidly expanding global market for cryptocurrency. The Miami-based company has recently introduced three extremely powerful, multi-algorithm mining rigs that have been designed to provide maximum hash rate with minimum power consumption.
MIAMI, Aug 18 (Bernama-GLOBE NEWSWIRE) -- In their relentless efforts to deliver state-of-the-art products related to cryptocurrency, Hminers has recently launched three brilliantly designed bitcoin mining rigs. The unique features and capabilities of the company’s new H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U have already grabbed the attention of the cryptocurrency enthusiasts and experts around the world. An organization with a rich tradition, Hminers (www.hminers.com) is recognized in the industry as the creator of the first ever 10 nm ASIC Chip in the world.
http://mrem.bernama.com/viewsm.php?idm=29843
MIAMI, Aug 18 (Bernama-GLOBE NEWSWIRE) -- In their relentless efforts to deliver state-of-the-art products related to cryptocurrency, Hminers has recently launched three brilliantly designed bitcoin mining rigs. The unique features and capabilities of the company’s new H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U have already grabbed the attention of the cryptocurrency enthusiasts and experts around the world. An organization with a rich tradition, Hminers (www.hminers.com) is recognized in the industry as the creator of the first ever 10 nm ASIC Chip in the world.
http://mrem.bernama.com/viewsm.php?idm=29843
TIME TO VISIT THE SPECTACULAR RED BEACH
PANJIN, Liaoning, Aug 17 (Bernama) --
| The second edition of "Red Beach Cup" International Youth Art Festival kicked off on August 14 in the Red Beach National Scenic Corridor, a spectacular tourist attraction located in the northeastern Chinese city of Panjin. More than 200 young people from China, Russia, the United States and other 11 countries participated in the event. The Panjin Red Beach National Scenic Corridor sits on the bank of Liaohe River and the shore of Bohai Bay. It is the largest red wetland in the world, characterized by unique red coastline, abundant wetland resources and thick reed marshes. The "Red Beach" is a AAAA scenic spot, the country's second highest rate for tourist attractions. It receives more than 1 million domestic and foreign visits every year, entertaining its guests with a boundless stretch of flaming beach, tens of thousands of happy waterfowls and a vast rippling sea of reeds. What a perfect combination of natural scenery and human landscape! The marvelous view is born thanks to seepweed, which covers the marshland and turns red every summer and autumn after penetration of alkali and being soaked with saline. A sea of red stretches in never-ending line. Another selling point is the world's biggest reed marsh wetland, which is home to a variety of wild animals and plants. Here you can see a trestle bridge wind its way to the sea and melt into the sky, liking a wave heading for the high sea. While walking on the bridge, you can enjoy the sight of the red beach and reed marshes on your two sides, hear the singing of migrant birds and feel the natural power of the vast sea. http://mrem.bernama.com/viewsm.php?idm=29835 |
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