Saturday 29 June 2019
Friday 28 June 2019
HOTEL ROYAL CLASSIC OSAKA, NEW LANDMARK IN OSAKA, TO START ACCEPTING ONLINE RESERVATIONS JULY 1 BEFORE OPENING DEC. 1, 2019
OSAKA, Japan, June 28, 2019 /Kyodo JBN- AsiaNet/ --
With less than six months to go until the opening of Hotel Royal Classic Osaka, operator Royal Classic Ltd. has announced that it will start accepting online reservations from noon on July 1, 2019. The hotel, designed by globally celebrated Japanese architect Kengo Kuma, and incorporating the facade of the former Osaka Shin-Kabukiza theater, is scheduled to open on December 1.
Image1: Hotel Royal Classic Osaka exterior, May 2019 https://kyodonewsprwire.jp/img/201906217809-O1-2BLeiVJ1
(Images2: https://kyodonewsprwire.jp/release/201906217809?p=images)
The opening of Hotel Royal Classic Osaka will mark the birth of a striking new landmark for the central Osaka Minami area. Along with 150 luxurious guest rooms and suites, the hotel will also offer a choice of restaurants and bars, as well as function rooms and wedding facilities. Situated within convenient reach of the Osaka Metro subway's Namba Station, the hotel will provide an ideal setting for a host of business, bridal, and sightseeing applications.
Under the leadership of general manager and hospitality industry expert Katsuya Usami, this first venture under the Royal Classic brand will strive to honor the history of a location that has served as a crucible for so much of the distinctive local culture, bringing fresh value to Osaka Minami, and boosting Osaka's development as an international tourist hub.
For more details, please visit the Hotel Royal Classic website, which will be updated at noon on July 1 with full online reservation capabilities: https://hotel-royalclassic.jp/en/
About Royal Classic Ltd.
Founded in September 2013, Royal Classic Ltd. is a subsidiary of Bellco Co., Ltd., a major provider of ceremonial services, including weddings and funerals. Hotel Royal Classic represents the first venture under the Royal Classic brand.
For more information, please visit:
https://kyodonewsprwire.jp/attach/201906217809-O1-d7V7i6y8.pdf
Source: Hotel Royal Classic Osaka
With less than six months to go until the opening of Hotel Royal Classic Osaka, operator Royal Classic Ltd. has announced that it will start accepting online reservations from noon on July 1, 2019. The hotel, designed by globally celebrated Japanese architect Kengo Kuma, and incorporating the facade of the former Osaka Shin-Kabukiza theater, is scheduled to open on December 1.
Image1: Hotel Royal Classic Osaka exterior, May 2019 https://kyodonewsprwire.jp/img/201906217809-O1-2BLeiVJ1
(Images2: https://kyodonewsprwire.jp/release/201906217809?p=images)
The opening of Hotel Royal Classic Osaka will mark the birth of a striking new landmark for the central Osaka Minami area. Along with 150 luxurious guest rooms and suites, the hotel will also offer a choice of restaurants and bars, as well as function rooms and wedding facilities. Situated within convenient reach of the Osaka Metro subway's Namba Station, the hotel will provide an ideal setting for a host of business, bridal, and sightseeing applications.
Under the leadership of general manager and hospitality industry expert Katsuya Usami, this first venture under the Royal Classic brand will strive to honor the history of a location that has served as a crucible for so much of the distinctive local culture, bringing fresh value to Osaka Minami, and boosting Osaka's development as an international tourist hub.
For more details, please visit the Hotel Royal Classic website, which will be updated at noon on July 1 with full online reservation capabilities: https://hotel-royalclassic.jp/en/
About Royal Classic Ltd.
Founded in September 2013, Royal Classic Ltd. is a subsidiary of Bellco Co., Ltd., a major provider of ceremonial services, including weddings and funerals. Hotel Royal Classic represents the first venture under the Royal Classic brand.
For more information, please visit:
https://kyodonewsprwire.jp/attach/201906217809-O1-d7V7i6y8.pdf
Source: Hotel Royal Classic Osaka
Ingenico ePayments, Linio Colombia improve online shopping experience
KUALA LUMPUR, June 28 (Bernama) -- Ingenico ePayments, the e-commerce division of Ingenico Group, will provide Linio Colombia with advanced payment services, offering customers an enhanced shopping experience.
Linio is a leading online marketplace in Latin America where customers demand smooth and intuitive payment.
Ingenico’s solution offers the latest payment methods, security and smooth checkout, boosting conversion rates and customer loyalty.
In addition, Linio benefits from Ingenico’s unique setup, which automatically re-routes failed card transaction attempts due to soft declines or other technical failures from a primary to secondary acquirer resulting in higher authorisation rates.
According to the e-commerce Observatory of the Colombian Chamber of Electronic Commerce, e-commerce is one of the most developed sectors in Colombia.
Sales have increased by more than a whopping 230 per cent from 2013 to 2017. This is why, online businesses are always on the lookout for innovative ways to enhance the online shopping experience.
Ingenico ePayments serves Latin America’s most familiar online businesses, treasuring a highly diversified client base ranging from online travel agents, retailers, marketplaces to digital goods and services.
-- BERNAMA
S BLOCK summit in Vietnam promotes tourism, explores blockchain industry
KUALA LUMPUR, June 27 (Bernama) -- S BLOCK recently held The Digital Economy Application Summit in Danang, Vietnam to promote industry development, boosting Vietnam’s tourism as well as collaborating and learning about the blockchain industry.
The summit was hosted by S BLOCK Vietnam Community and co-organised by Magic Kingdom Club, in collaboration with Top Market Group Finance and Black Hole Finance media, according to a statement.
It was attended by more than 100 industry leaders, 500 well-known economic and blockchain media with over 2,000 industry elites worldwide.
Vietnam, a country with a geographical advantage in Southeast Asia is rapidly developing in various industry sectors (including blockchain), and listed as one of the fastest growing countries in the region.
After the summit, visitors travelled in Da Nang, discovering world-famous attractions and also experiencing Vietnam’s cultural aspects.
The summit helped the country in raising position and prestige in the world arena, and gained more sentiments from foreigners.
For more information, contact https://www.sblock.com.
-- BERNAMA
Secure-24 set to acquire SAP managed services provider, Symmetry
KUALA LUMPUR, June 26 (Bernama) -- Secure-24 Intermediate Holdings Inc (Secure-24) will acquire Symmetry Holding Inc (Symmetry), a United States-based leading provider of SAP managed services.
Secure-24 is a wholly owned subsidiary of NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group, according to a statement.
“With the combined expertise of both companies and Symmetry’s extensive portfolio of managed SAP services, we are now in a position to deliver greater value to our customers around the world,” said Secure-24 chief executive officer, Mike BeDell.
The transaction is expected to close this year and subjected to regulatory approvals. Through this 100 per cent acquisition, Symmetry’s unique strengths will be fully integrated into the NTT Com ecosystem.
NTT Com will continue to enhance its technical and business systems to sustainably deliver managed services that drive digital transformation for clients. For more information, contact, https://www.ntt.com.
-- BERNAMA
WEX issues virtual cards to Japanese travel company
KUALA LUMPUR, June 26 (Bernama) -- WEX Inc, a leading financial technology service provider has partnered with Japanese travel company, Time Design to issue virtual cards to pay domestic and overseas suppliers.
Time Design is a white-labelled technology booking platform that enables hotels, airlines and online travel agents to sell travel packages on their own websites.
The virtual cards provide the travel company with the ability to pay the suppliers, namely hotels and airlines, in their preferred currency with a secure 16-digit virtual number.
The agreement will also reduce cross-border transaction fees, improve cash flow, reduce costs and increase efficiency and streamline payment reconciliation.
WEX commercial director (Asia Pacific), Richard Cogswell said the partnership was a very exciting development for WEX as the company looked towards growing global customer base and extend virtual payment capability into new markets across the region.
Time Design chief executive officer, Yuzo Takamatsu said the addition of WEX’s virtual payment technology into its booking platform would further elevate operational efficiency and strengthen position as an innovative player in the international travel market.
-- BERNAMA
Japan, China companies to produce in-wheel motors for electric vehicles
KUALA LUMPUR, June 27 (Bernama) -- Japan’s Shanghai e-Gle New Energy Automotive Co Ltd and China’s Xiangyang CRRC Electric Machinery Co Ltd (a subsidiary of CRRC Group) have partnered to provide advanced power solutions for the new-energy automobile industry.
The partnership which was announced in ZhuZhou, Hunan Province, China recently will initially begin with the project of producing and selling in-wheel motors to automakers by both companies.
Both companies will start to produce in-wheel motors by 2020 and go into full operation, a year later.
The in-wheel motor system is based on the technology to equip each driving wheel with a motor inside and directly control the body of a vehicle and e-Gle has state-of-the-art technology for the system.
China has already become the world’s largest electric vehicle market, as it has been actively promoting the vehicles with subsidies for car makers and consumers, among other policy measures.
Xiangyang CRRC Electric Machinery is the world’s largest railway car manufacturer based in Hunan, China.
Shanghai e-Gle New Energy Automotive Co Ltd is a subsidiary of e-Gle Co Ltd, based in Kawasaki, Kanagawa Prefecture, Japan.
-- BERNAMA
The partnership which was announced in ZhuZhou, Hunan Province, China recently will initially begin with the project of producing and selling in-wheel motors to automakers by both companies.
Both companies will start to produce in-wheel motors by 2020 and go into full operation, a year later.
The in-wheel motor system is based on the technology to equip each driving wheel with a motor inside and directly control the body of a vehicle and e-Gle has state-of-the-art technology for the system.
China has already become the world’s largest electric vehicle market, as it has been actively promoting the vehicles with subsidies for car makers and consumers, among other policy measures.
Xiangyang CRRC Electric Machinery is the world’s largest railway car manufacturer based in Hunan, China.
Shanghai e-Gle New Energy Automotive Co Ltd is a subsidiary of e-Gle Co Ltd, based in Kawasaki, Kanagawa Prefecture, Japan.
-- BERNAMA
Thursday 27 June 2019
Metronome unveils cross-blockchain token transfer capability
KUALA LUMPUR, June 27 (Bernama) -- Metronome, a wholly autonomous cryptocurrency has initiated the first-of-its-kind transfer of MET tokens from one blockchain to another – Ethereum ($ETH) to Ethereum Classic ($ETC).
The chainhop feature advances the vision of a built-to-last cryptocurrency which is available to all Metronome users, representing a significant step in how the financial and technology industries could approach cryptocurrencies as an enduring asset class.
The cryptocurrency-to-native-blockchain relationship potentially jeopardises the safety of one’s digital assets as it is wholly dependent on the stability of the community that maintains the currency and its blockchain, according to a statement.
With the introduction of Metronome’s chainhop capability, the Metronome team shows it is possible to maintain user’s holdings in a cryptocurrency and choose the blockchain ledger that most suits one’s requirements for stability and governance.
The cross-chain capability is available via the Metronome desktop wallet (Windows, MacOS, and Linux), as well as the mobile wallets for iOS and Android, while for developers, all components are available on GitHub.
For more information, contact https://metronome.io.
-- BERNAMA
The chainhop feature advances the vision of a built-to-last cryptocurrency which is available to all Metronome users, representing a significant step in how the financial and technology industries could approach cryptocurrencies as an enduring asset class.
The cryptocurrency-to-native-blockchain relationship potentially jeopardises the safety of one’s digital assets as it is wholly dependent on the stability of the community that maintains the currency and its blockchain, according to a statement.
With the introduction of Metronome’s chainhop capability, the Metronome team shows it is possible to maintain user’s holdings in a cryptocurrency and choose the blockchain ledger that most suits one’s requirements for stability and governance.
The cross-chain capability is available via the Metronome desktop wallet (Windows, MacOS, and Linux), as well as the mobile wallets for iOS and Android, while for developers, all components are available on GitHub.
For more information, contact https://metronome.io.
-- BERNAMA
Indonesia´s KoinWorks raises S$16.5 million oversubscribed fund
KUALA LUMPUR, June 25 (Bernama) -- KoinWorks, Indonesia’s largest peer-to-peer (P2P) lending platform has raised Series B fundraise of S$16.5 million (IDR 170 billion) to expand the KoinWorks team and partnerships. (S$1 = RM3.06)
The oversubscribed round, co-led by EV Growth and Quona Capital (a leading venture capital firm), with participation from existing investors, will also be used to further develop systems and technology to provide financial inclusion throughout Indonesia.
Established in 2016, KoinWorks brings together borrowers and lenders online through a single platform that provides access to financial services for SMEs who have historically been unbanked or underbanked by traditional financial institutions.
Leveraging machine learning, KoinWorks enables borrowers to access low interest loans while funders receive better returns with available products, including business financing and invoice financing.
KoinWorks had previously raised a Series A last year, from investors Mandiri Capital Indonesia, Convergence Ventures, Gunung Sewu, Beeblebrox and Quona Capital.
Today, more than 60 per cent of investor-funders in KoinWorks’ platform are millennials, and 70 per cent of investors say KoinWorks is their first investment product, according to a statement.
For more information, contact https://koinworks.com.
-- BERNAMA
Hytera product portfolio meets global customer demands
KUALA LUMPUR, June 24 (Bernama) -- Hytera Communications Corporation Limited has showcased its latest innovations on narrowband, convergence and broadband services in the three-day Critical Communications World 2019 (CCW 2019) at the Malaysia International Trade and Exhibition Centre recently.
The company has emphasised itself as a global provider of professional and private wireless communications solutions to meet global customer demand by enriching product portfolios, according to a statement.
“We are committed to delivering excellent mission and business critical communications for customers to solve their practical problems. This is what we believe in, and are doing in the global market, and Malaysian market, as well,” said Hytera Overseas Sales Central Department deputy general manager, Steven Hao.
It has leveraged narrowband technologies across multiple standards, broadband and new technologies like big data, AI and Internet of Things, and expanded its global partnership with business stakeholders to consolidate a promising ecosystem.
Hytera is now capable of delivering voice, video and data services for mission and business critical users and facilitate them to achieve faster, safer and better connectivity in daily operation and emergency response.
At CCW 2019, Hytera has showcased its latest solutions based on broadband standards, including MCS (Mission Critical Service), P-LTE and V-LTE and PoC (Push-to-Talk over cellular) solutions which target operators and commercial users.
In addition, a white paper on Mission Critical applications over Operator’s Broadband Network and PXT680 multi-mode advanced radios was launched at the event.
-- BERNAMA
-- BERNAMA
Wednesday 26 June 2019
Phun utility tokens available globally
KUALA LUMPUR, June 26 (Bernama) -- Phun utility tokens are now available for purchase in the international market, according to Texas-based Phunware Inc, a fully-integrated enterprise cloud platform for mobile.
Phunware chief operating officer, Randall Crowder said Phun allowed the international community to participate in blockchain-enabled data exchange and mobile loyalty ecosystem, driving towards mainstream global adoption and future exchange listings.
The company recently launched its dual token structure to comply with the current regulatory landscape.
While Phun is a utility token that enables consumers to monetise their digital activity as they engage in profitable behaviour with brands, PhunCoin remains a compliant security token that enables consumers to monetise digital identity and offers token holders a PhunCoin dividend.
Given the current regulatory environment, Phun will initially be available only outside the United States and Canada. Investors outside both the countries can purchase Phun by registering on https://buy.phuntoken.com/
-- BERNAMA
Phunware chief operating officer, Randall Crowder said Phun allowed the international community to participate in blockchain-enabled data exchange and mobile loyalty ecosystem, driving towards mainstream global adoption and future exchange listings.
The company recently launched its dual token structure to comply with the current regulatory landscape.
While Phun is a utility token that enables consumers to monetise their digital activity as they engage in profitable behaviour with brands, PhunCoin remains a compliant security token that enables consumers to monetise digital identity and offers token holders a PhunCoin dividend.
Given the current regulatory environment, Phun will initially be available only outside the United States and Canada. Investors outside both the countries can purchase Phun by registering on https://buy.phuntoken.com/
-- BERNAMA
Six Singaporean Chartered Accountants receive Fellowships
KUALA LUMPUR, June 25 (Bernama) -- Six Singaporean Chartered Accountants have received Fellowships, the highest recognition in the accounting profession.
They are Martin Aitchison, Ong Chao Choon, Soh Kok Leong, Alywin Teh, Brahma Sharma and Samantha Chan.
Chartered Accountant Fellowships are peer awarded for outstanding career achievements and contributions to the profession via business and community endeavours.
The awards were presented by Chartered Accountants Australia and New Zealand president, Stephen Walker in Singapore.
He said the Chartered Accountant designation was internationally recognised for its commitment to building long-term prosperity for clients and communities, while maintaining the highest ethical standards.
“A core foundation that will navigate us through the changing business landscape worldwide is ethical leadership. It is important that ethics are at the centre of everything we do as accountants.”
Chartered Accountants Australia and New Zealand is a professional body comprising over 117,000 diverse. More details at www.charteredaccountantsanz.com
-- BERNAMA
Hytera brings latest radio communication technology at CCW 2019
KUALA LUMPUR, June 24 (Bernama) -- Hytera, a wireless communications solutions provider has launched a new multi-mode advanced radio, PTC680 at CCW 2019 in here recently.
According to a statement, the advanced radio brings the latest professional radio communication technology to the customer from both private and public sectors.
PTC680 focuses on mission critical to provide absolutely reliable voice communication for first responders. It is a hybrid device of professional TETRA radio with an advanced Android-based smartphone platform inside.
It adopts human-oriented interaction design, offering quick and simple access in both tough and unexpected situations. The special size touch-screen is designed for one hand operation and gloved touch.
The programmable buttons allow the user to customise the experience with capabilities and features. It offers a multi-purpose push-to-talk button for user to get in touch immediately, and a video camera for capturing actions and sharing images.
PTC680 also supports advanced location positioning with the support of five Global Navigation Satellite Systems: GPS, BDS, Galileo, GLONASS and QZSS. The base stations and Wi-Fi can also improve the positioning accuracy on the device.
It always focuses on mission-critical to provide industry customers with reliable communication, and is committed to building a modern platform with turnkey solutions to maximise customer interest.
-- BERNAMA
-- BERNAMA
Tuesday 25 June 2019
Unveiled: Polyplastics DURACON POM grades for automotive fuel system components
KUALA LUMPUR, June 25 (Bernama) -- The Polyplastics Group, a global leader in the development and production of engineering thermoplastics has developed new DURACON polyoxymethylene (POM) grades for the production of injection-molded automotive fuel system components.
The grades deliver high flow, high rigidity and design freedom of the system and its new materials complement Polyplastics' flagship DURACON POM portfolio which is already widely used, according to a statement.
The company has commercially launched DURACON H140-54C, a high-flow/high-rigidity grade with a melt flow rate of around 14. This material suits a wide range of molding conditions and is used in Europe.
It also announced a developmental POM grade which provides exceptional acid resistance. Historically, one of POM's limitations has been its vulnerability to strong acids, but this new material provides significant improvements.
Polyplastics has also developed an electrically conductive grade for use in components that surround fuel as a measure against static electricity whereby, it can impart conductivity while also maintaining POM's key performance attributes, including flowability and toughness.
AXIOMSL PARTNERS WITH REFINITIV FOR GLOBAL SHAREHOLDING DISCLOSURES DATA ENRICHMENT
NEW YORK & LONDON & SINGAPORE & MEDELLIN, June 25 (Bernama-BUSINESS WIRE) --AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that it has entered into a partnership with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure. Combining AxiomSL’s robust Global Shareholding Disclosures (GSD) solution with Refinitiv’s reference data enables Financial Institutions (FIs) to automatically enrich their clients’ positions while managing regulatory obligations across multiple jurisdictions.
As financial markets become increasingly more complex and global in nature, FIs face three main challenges:
As financial markets become increasingly more complex and global in nature, FIs face three main challenges:
- Keeping up with regulatory rules and reporting template requirements across 100 countries
- Accessing reliable market data to ensure that position percentage calculations are accurate
- Automating the process for GSD reporting to meet daily monitoring requirements
The combination of Refinitiv's comprehensive reference data, including issuer and class level shares, voting rights, and takeover panel data, and AxiomSL’s ControllerView® platform that provides monitoring, automation and transparency enables market participants to understand data and reporting issues to successfully comply with shareholding disclosure requirements, globally.
Refinitiv’s GSD data comes pre-configured for compatibility on the AxiomSL platform to deliver full traceability throughout the monitoring process. This collaborative approach reduces the burden on clients to source and integrate market data while enhancing the automation of the entire end-to-end monitoring process.
John Mason, Head of Pricing and Reference Data, Refinitiv, commented: “Asset managers face a significant challenge in understanding local rules around shareholder disclosures and calculating their own holdings given the complexities around voting rights and share classes. This partnership provides a simple solution by combining AxiomSL’s state of the art technology with Refinitiv’s comprehensive global data, enabling asset managers to quickly and easily assess their positions in different instruments.”
Ed Royan, General Manager, AxiomSL EMEA, commented: “We are pleased to partner with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, in addressing the challenges of data transparency requirements set out by regulatory authorities across the globe when rules differs from country to country. These challenges range from sourcing high quality market data to addressing jurisdictional nuances to remain aligned with disclosure rules. This partnership unlocks many benefits from streamlining and automating complex rules to seamlessly ingesting and aggregating disparate data resulting in a rapid go-live process.”
About Refinitiv
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.Refinitiv.com
About AxiomSL
AxiomSL is a global leader in risk analytics, data-management and regulatory-reporting solutions. Leveraging more than 25 years’ experience, AxiomSL combines its deep industry experience and intelligent data-management platform to deliver solutions and services around regulatory and risk reporting, liquidity, capital and credit, operations, trade and transactions, and tax analytics. Its client base spans regional and global financial institutions with more than $43 trillion in total assets and investment managers with more than $9 trillion in assets under management. Its coverage encompasses more than 110 regulators across 55 jurisdictions.
For more information, visit www.axiomsl.com
http://mrem.bernama.com/viewsm.php?idm=34829
Terns Pharmaceuticals, GENFIT to develop, commercialise elafibranor in Greater China Region
KUALA LUMPUR, June 25 (Bernama) -- Terns Pharmaceuticals Inc has announced an exclusive licensing and collaboration agreement with GENFIT (GNFT) to develop and commercialise elafibranor in the Greater China Region.
GNFT is a late-stage biopharmaceutical company dedicated to the discovery and development of innovative therapeutic and diagnostic solutions in metabolic and liver-related diseases. Elafibranor is GENFIT’s lead pipeline product candidate.
Under the terms of agreement, Terns acquires the exclusive right to develop, register and market elafibranor for the treatment of non-alcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC) in mainland China, Hong Kong, Macau and Taiwan.
GNFT will receive a US$35 million upfront payment and will be eligible to receive up to US$193 million in subsequent payments, based on achieving clinical, regulatory and commercial milestones. (US$1 = RM4.14)
Both companies will also collaborate on research and development moving forward in NASH and PBC, according to a statement.
The licensing and collaboration agreement with GENFIT follows the 2018 announcement that Terns acquired the global, exclusive rights to develop and commercialise three NASH assets from Eli Lilly and Company.
For more information, contact https://www.ternspharma.com.
-- BERNAMA
GNFT is a late-stage biopharmaceutical company dedicated to the discovery and development of innovative therapeutic and diagnostic solutions in metabolic and liver-related diseases. Elafibranor is GENFIT’s lead pipeline product candidate.
Under the terms of agreement, Terns acquires the exclusive right to develop, register and market elafibranor for the treatment of non-alcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC) in mainland China, Hong Kong, Macau and Taiwan.
GNFT will receive a US$35 million upfront payment and will be eligible to receive up to US$193 million in subsequent payments, based on achieving clinical, regulatory and commercial milestones. (US$1 = RM4.14)
Both companies will also collaborate on research and development moving forward in NASH and PBC, according to a statement.
The licensing and collaboration agreement with GENFIT follows the 2018 announcement that Terns acquired the global, exclusive rights to develop and commercialise three NASH assets from Eli Lilly and Company.
For more information, contact https://www.ternspharma.com.
-- BERNAMA
Cloudflare-Tencent Cloud partnership expands Bandwidth Alliance with zero data transfer fees
KUALA LUMPUR, June 25 (Bernama) -- Cloudflare, a leading Internet performance company, has partnered Tencent Cloud to expand the Bandwidth Alliance with zero data transfer fees for all traffic between customers networks outside of China.
Last September, Cloudflare announced the Bandwidth Alliance, a group of forward-thinking cloud and networking companies committed to discounting or waiving data transfer fees (also known as bandwidth fees) for shared customers.
The Bandwidth Alliance was launched with 10 partners to provide the most performant and cost-efficient experience for mutual customers, and currently has nearly doubled to 18 partners.
“In working with Tencent, and other partners, we are better positioned to address the numerous challenges that are faced by enterprises as they expand internationally, to help users everywhere experience the best Internet possible,” said Cloudflare co-founder and chief executive officer, Matthew Prince.
Tencent Cloud’s global presence and decades of experience in delivering digital engagement to its massive user base make it an ideal addition to the Bandwidth Alliance, according to a statement.
It offers powerful and robust cloud solutions that are used extensively across the gaming and media industries in key regions such as Silicon Valley, Frankfurt, Singapore and Bangkok, in addition to extensive presence in China.
For more information, contact https://www.cloudflare.com.
-- BERNAMA
Last September, Cloudflare announced the Bandwidth Alliance, a group of forward-thinking cloud and networking companies committed to discounting or waiving data transfer fees (also known as bandwidth fees) for shared customers.
The Bandwidth Alliance was launched with 10 partners to provide the most performant and cost-efficient experience for mutual customers, and currently has nearly doubled to 18 partners.
“In working with Tencent, and other partners, we are better positioned to address the numerous challenges that are faced by enterprises as they expand internationally, to help users everywhere experience the best Internet possible,” said Cloudflare co-founder and chief executive officer, Matthew Prince.
Tencent Cloud’s global presence and decades of experience in delivering digital engagement to its massive user base make it an ideal addition to the Bandwidth Alliance, according to a statement.
It offers powerful and robust cloud solutions that are used extensively across the gaming and media industries in key regions such as Silicon Valley, Frankfurt, Singapore and Bangkok, in addition to extensive presence in China.
For more information, contact https://www.cloudflare.com.
-- BERNAMA
Osaka Gas Co Ltd setting up natural gas supply company in Vietnam
KUALA LUMPUR, June 24 (Bernama) -- Osaka Gas Singapore Pte Ltd, together with Sojitz Corporation and Sojitz Vietnam, are set to form a joint venture company, Sojitz Osaka Gas Energy Company Ltd, aimed at supplying natural gas in the Socialist Republic of Vietnam.
According to a statement, Osaka Gas Singapore Pte Ltd is a wholly-owned subsidiary of Osaka Gas Co Ltd and Daigas Group company, a new group brand launched by Osaka Gas Co Ltd last year.
The new company plans to implement natural gas supplies to Phu My 3 Specialized Industrial Park in the southern Vietnamese province of Ba Ria-Vung Tau, as well as compressed natural gas supply business via trucking for industrial customers within Vietnam.
The project marks the fourth country for Daigas Group as it expands the business in Southeast Asia, after Singapore, Thailand and Indonesia, marking the third country, following on Singapore, and Thailand for their engagement in natural gas supply work overseas.
Under the project, the new company will promote the efficient use of cleaner natural gas and actively propose natural gas as an alternative option of fuel to coal, heavy oil and LPG. It will also contribute to energy savings and decrease the environmental impact in Vietnam.
The promotion of this project is expected to record sales worth 15 billion yen by fiscal year 2030. There are also future plans under discussion to grow energy services, as well as support for new infrastructure using various financial strategies. (100 JPY = RM3.86)
-- BERNAMA
According to a statement, Osaka Gas Singapore Pte Ltd is a wholly-owned subsidiary of Osaka Gas Co Ltd and Daigas Group company, a new group brand launched by Osaka Gas Co Ltd last year.
The new company plans to implement natural gas supplies to Phu My 3 Specialized Industrial Park in the southern Vietnamese province of Ba Ria-Vung Tau, as well as compressed natural gas supply business via trucking for industrial customers within Vietnam.
The project marks the fourth country for Daigas Group as it expands the business in Southeast Asia, after Singapore, Thailand and Indonesia, marking the third country, following on Singapore, and Thailand for their engagement in natural gas supply work overseas.
Under the project, the new company will promote the efficient use of cleaner natural gas and actively propose natural gas as an alternative option of fuel to coal, heavy oil and LPG. It will also contribute to energy savings and decrease the environmental impact in Vietnam.
The promotion of this project is expected to record sales worth 15 billion yen by fiscal year 2030. There are also future plans under discussion to grow energy services, as well as support for new infrastructure using various financial strategies. (100 JPY = RM3.86)
-- BERNAMA
Monday 24 June 2019
Star pact: China's MYbank partners financial institutions, serves 15 million SMEs
KUALA LUMPUR, June 24 (Bernama) -- MYbank, China’s leading online private commercial bank focusing on SME financing, is working with its financial institution partners to serve over 15 million small and micro enterprises (SMEs).
MYbank’s Star Plan announced last year it aimed to enable 1,000 financial institution partners to provide more cost-effective financing services to 30 million SMEs in China within a three-year period.
“As the Star Plan progresses, we look forward to increasing the inclusivity of financial services for SMEs by sharing our technologies with more financial institution partners,” said MYbank chairman, Simon HU.
As of this month, the company has leveraged Alipay’s AI, computing and risk management technologies and worked with over 400 financial partners to provide business loans of over RMB 2 trillion (USD 290 billion) to a total of 15.74 million SMEs in China.
MYbank pioneered the ‘310 model’ for SME financing which offers a collateral-free business loan that takes less than three minutes to apply on a mobile phone, less than one second to approve, and requires zero human intervention.
Using proprietary AI and risk management technologies, the non-performing loan ratio for MYbank’s SME business loans has consistently been at around one per cent.
-- BERNAMA
TEIJIN ACQUIRES EXCLUSIVE SALES RIGHTS IN ASIA TO BARLEYMAX®
TOKYO, June 24 (Bernama-BUSINESS WIRE) -- Teijin Limited announced today that it has reached an agreement with The Healthy Grain Pty. Limited, an Australian venture company, to acquire the exclusive sales rights in Asia to BARLEYmax® non-genetically modified barley rich in resistant starch and water-soluble dietary fiber, such as β-glucan and fructan. BARLEYmax® was developed by Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation.
Teijin, since entering into an exclusive agreement with Healthy Grain to jointly develop BARLEYmax® in Japan in 2015, has expanded domestic sales, conducted clinical trials, developed products by leveraging the special characteristics of various ingredients, and implemented marketing to improve recognition. Teijin has now acquired the exclusive sales rights in Asia and started sales where market expansion is expected, based on its judgment that further global business expansion is essential.
The agreement grants Teijin exclusive marketing rights in Korea, China, Taiwan, Thailand, Indonesia and Singapore, markets suitable for BARLEYmax® due to their local customs of eating rice as well as increasing consumption of functional cereals and rising health consciousness. Teijin initially will focus on these markets, targeting the prompt launch of products in cooperation with local companies and exporting of processed foods from Japan.
Teijin is rapidly expanding its global healthcare business to enhance the quality of life of worldwide by helping people to enjoy fulfilling lives from birth to their final days.
About the Teijin Group
Teijin (TOKYO:3401) is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has over 170 companies and around 20,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY888.6 billion (USD 8.1 billion) and total assets of JPY 1020.7 billion (USD 9.3 billion) in the fiscal year ending March 31, 2019.
Please visit www.teijin.com
http://mrem.bernama.com/viewsm.php?idm=34811
Teijin, since entering into an exclusive agreement with Healthy Grain to jointly develop BARLEYmax® in Japan in 2015, has expanded domestic sales, conducted clinical trials, developed products by leveraging the special characteristics of various ingredients, and implemented marketing to improve recognition. Teijin has now acquired the exclusive sales rights in Asia and started sales where market expansion is expected, based on its judgment that further global business expansion is essential.
The agreement grants Teijin exclusive marketing rights in Korea, China, Taiwan, Thailand, Indonesia and Singapore, markets suitable for BARLEYmax® due to their local customs of eating rice as well as increasing consumption of functional cereals and rising health consciousness. Teijin initially will focus on these markets, targeting the prompt launch of products in cooperation with local companies and exporting of processed foods from Japan.
Teijin is rapidly expanding its global healthcare business to enhance the quality of life of worldwide by helping people to enjoy fulfilling lives from birth to their final days.
About the Teijin Group
Teijin (TOKYO:3401) is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has over 170 companies and around 20,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY888.6 billion (USD 8.1 billion) and total assets of JPY 1020.7 billion (USD 9.3 billion) in the fiscal year ending March 31, 2019.
Please visit www.teijin.com
http://mrem.bernama.com/viewsm.php?idm=34811
RAZER AND VISA ANNOUNCE PARTNERSHIP TO TRANSFORM PAYMENTS IN SOUTHEAST ASIA
- Integration of Visa prepaid solution in Razer Pay e-wallet to enable users to make payments at 54 million merchant locations on Visa’s global network
- Bringing financial inclusion to Southeast Asia’s unbanked and underserved population
KUALA LUMPUR, Malaysia, June 24 (Bernama-BUSINESS WIRE) -- Razer™, the leading global lifestyle brand for gamers, and Visa, the world’s leader in digital payments, have announced a first of its kind partnership that will transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190623005044/en/
The partnership will see Razer’s financial technology arm, Razer Fintech, join Visa’s fintech fast-track program, which is designed to make it easier for fintechs to access the global Visa payments network. Here, Razer Fintech and Visa will develop a virtual Visa prepaid solution to be embedded in the Razer Pay e-wallet, that will allow up to 60 million Razer users to make payments wherever Visa is accepted at 54 million merchant locations worldwide.
Chris Clark, Regional President, Asia Pacific, Visa, said: “We are pleased to partner with such a forward-looking and innovative company that understands the value and importance of expanding access to digital payments. This announcement reaffirms Visa’s commitment to the fast-growing and digitally savvy Southeast Asia region. Together, Visa and Razer Fintech have the opportunity to transform the payments experience for not only the gaming community but many of Southeast Asia’s unbanked and underserved consumers as well.”
Min-Liang Tan, Co-Founder and CEO of Razer, said: “Razer Fintech is a core growth initiative for Razer as we continue to empower digital payments across emerging markets, starting from Southeast Asia. We are incredibly excited with the opportunities that this innovative payment solution serves to millions of consumers, connecting them to an extensive network of merchants globally. This partnership with Visa significantly extends Razer Fintech’s position as the largest offline-to-online digital payment network in the region.”
INTEGRATION OF VISA PREPAID SOLUTION INTO RAZER PAY
Razer Fintech and Visa look to roll out an exclusive Razer-branded Visa prepaid payment solution integrated into Razer Pay via a mini-app, which will cement Razer Pay’s position as one of Southeast Asia’s leading e-wallet platforms.
By leveraging Visa’s global network, Razer Pay users will be able to make payments wherever Visa is accepted. The prepaid solution will complement Razer Pay’s existing offerings, which include everyday essentials such as mobile top-ups, leading virtual credits, and entertainment purchases for music and streaming services. Users will also enjoy a slew of exciting benefits and rewards when using their prepaid cards for ecommerce transactions and when they make purchases overseas.
The integrated prepaid card solution will offer users the same convenient top-up and cash-out methods available on Razer Pay, underpinned by an advanced privacy and security framework. Razer Pay has collaborated with innovative partners to amplify its existing offerings by introducing ride-hailing, movie ticketing, and utility payments in streamlined mini-applications.
BRINGING FINANCIAL INCLUSION TO SOUTHEAST ASIA’S UNBANKED AND UNDERSERVED
Southeast Asia has a large unbanked and underserved population of over 438 million1. The partnership between Razer Fintech and Visa has the potential to extend micro-financial services to this underserved segment. Southeast Asia is also home to a massive youth and millennial population of over 213 million.2
The collaboration between Razer Fintech and Visa aims to empower this segment of early adopters and introduce interactive and straightforward financial planning capabilities with a Razer-gamified twist. These capabilities will help to enhance the financial literacy levels of the Southeast Asia population. Razer Fintech and Visa’s partnership will help meet the unmet demands of this sizeable market and provide innovative financial tools for youths and millennials to participate in the global cashless economy.
Razer Fintech and Visa anticipate rolling out these solutions progressively in selected countries across Southeast Asia in the coming months, before expanding globally.
ABOUT RAZER
Razer™ is the world’s leading lifestyle brand for gamers. The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, the company has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services.
Razer’s award-winning hardware includes high-performance gaming peripherals, Blade gaming laptops and the acclaimed Razer Phone. Razer’s software platform, with over 60 million users, includes Razer Synapse (an Internet of Things platform), Razer Chroma (a proprietary RGB lighting technology system), and Razer Cortex (a game optimizer and launcher). In services, Razer Gold is one of the world’s largest virtual credit services for gamers, and Razer Pay is the e-wallet designed for youth and millennials.
Founded in 2005 and dual-headquartered in San Francisco and Singapore, Razer has 18 offices worldwide and is recognized as the leading brand for gamers in the USA, Europe and China. Razer is listed on the Hong Kong Stock Exchange (Stock Code: 1337).
ABOUT VISA INC.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit www.visa.com.sg.
Razer - For Gamers. By Gamers.™
1 KPMG Fintech: Opening the door to the unbanked and underbanked in Southeast Asia, accessed at: https://home.kpmg/xx/en/home/insights/2016/04/fintech-opening-the-door-to-the-unbanked-and-underbanked-in-southeast-asia.html
2 ASEAN’s First ASEAN Youth Development Index 2017
View source version on businesswire.com: https://www.businesswire.com/news/home/20190623005044/en/
Contact
VISA
Grace Tan
Visa Worldwide Pte. Limited
Phone: +65 6671 5468
Email: grtan@visa.com
Adrian Wong
Ruder Finn Asia
Phone: +65 9157 8826
Email: WongA@ruderfinnasia.com
RAZER
Americas
Kevin Allen
Kevin.Allen@razer.com
EMEA
Maren Epping
Maren.Epping@razer.com
China
Evita Zhang
Evita.Zhang@razer.com
Asia Pacific
Ian Tan
Ian.tan@razer.com
Global
Jan Horak
Jan.Horak@razer.com
Source : Razer
--BERNAMA
2 ASEAN’s First ASEAN Youth Development Index 2017
View source version on businesswire.com: https://www.businesswire.com/news/home/20190623005044/en/
Contact
VISA
Grace Tan
Visa Worldwide Pte. Limited
Phone: +65 6671 5468
Email: grtan@visa.com
Adrian Wong
Ruder Finn Asia
Phone: +65 9157 8826
Email: WongA@ruderfinnasia.com
RAZER
Americas
Kevin Allen
Kevin.Allen@razer.com
EMEA
Maren Epping
Maren.Epping@razer.com
China
Evita Zhang
Evita.Zhang@razer.com
Asia Pacific
Ian Tan
Ian.tan@razer.com
Global
Jan Horak
Jan.Horak@razer.com
Source : Razer
--BERNAMA
Seaborn Networks offers diverse Ethernet, IP Service solutions
KUALA LUMPUR, June 20 (Bernama) -- Seaborn Networks (Seaborn), a leading developer-owner-operator of subsea fibre optic cable systems, will deliver new IP Service offerings comprising diverse Ethernet Service and IP Service solutions.
The new offerings address the market’s demand for rapidly deployed and highly stable global Ethernet and IP based needs between North and South America.
By combining rapid service deployment within days with the operational control of fully owned Seabras-1 subsea system, only Seaborn is able to directly control aspects and layers of the network, ensuring unbeatable quality of service.
Seabras-1 offers the only direct POP to POP route between São Paulo, Brazil and New York in the United States, and will shortly launch an end-to-end orchestration platform that will enable services to be delivered in real time via industry-leading SDN technology.
Seaborn chief executive officer, Larry Schwartz said: “We ensure that our customers have the necessary, cost effective and secure high-bandwidth solutions to compete in today’s connected world. Seaborn’s high availability and customisable Ethernet and IP services provide the perfect solution for those needs.”
More details at www.seabornnetworks.com
-- BERNAMA
Friday 21 June 2019
TriLumina launches world´s first surface-mount flip-chip back-emitting VCSEL without submount
KUALA LUMPUR, June 21 (Bernama) -- TriLumina Corporation has launched the world’s first surface-mount flip-chip back-emitting vertical-cavity surface-emitting laser (VCSEL) array without the need for a submount or bond wires.
TriLumina is the leading developer of flip-chip VCSEL technology for 3D sensing.
The new device allows for lower costs and higher performance compared to existing designs using near-infrared light-emitting laser diodes or LEDs for 3D sensing.
TriLumina's chief marketing officer, Luke Smithwick, said for the first time, engineers can create extremely small, low-cost, high-performance products utilising a NIR surface mount back-emitting VCSEL array, without the need for a large and costly submount.
The tiny, very low-cost illumination technology is an excellent solution for numerous 3D sensing applications, as well as providing innovative NIR illumination options for replacing existing LEDs in solutions such as NIR camera systems, mobile cameras, in-cabin occupant monitoring and AR/VR systems.
This new architecture from TriLumina also has excellent thermal properties with a very compact form factor.
-- BERNAMA
Verimatrix jointly secures Mongolsat Networks DVB-S delivery services
KUALA LUMPUR, June 17 (Bernama) -- Verimatrix, the leader in redefining the standard for connected devices and services, together with moTV.eu, have jointly secured DVB-S delivery services offered by Mongolsat Networks.
“This single content authority approach eliminates technical and commercial challenges of extending DVB Hybrid services, so that Mongolsat can maintain its focus on expanding business models and stay ahead of the competition,” said Verimatrix chief operation officer, Steve Oetegenn.
Leveraging the moTV.eu OTT/IPTV/hybrid platform, the Verimatrix Video Content Authority System (VCAS) DVB Hybrid deployment protects Mongolsat’s Freeview TV service to set-top boxes (STBs).
moTV.eu, the systems integrator for this deployment will develop complete end-to-end ecosystems for pay-TV operators from the source of the stream through transcoding up to the end-user applications.
VCAS for DVB Hybrid enables Mongolsat Networks to deploy a modern broadcast video system that extends subscriber reach by integrating premium OTT delivery through HTTP Live Streaming (HLS) and MPEG-DASH protocols.
The addition of MultiRights OTT enables Mongolsat Networks to solve multi-DRM challenges by providing harmonised rights management across networks and devices, according to a statement.
For more information, contact https://www.verimatrix.com.
-- BERNAMA
“This single content authority approach eliminates technical and commercial challenges of extending DVB Hybrid services, so that Mongolsat can maintain its focus on expanding business models and stay ahead of the competition,” said Verimatrix chief operation officer, Steve Oetegenn.
Leveraging the moTV.eu OTT/IPTV/hybrid platform, the Verimatrix Video Content Authority System (VCAS) DVB Hybrid deployment protects Mongolsat’s Freeview TV service to set-top boxes (STBs).
moTV.eu, the systems integrator for this deployment will develop complete end-to-end ecosystems for pay-TV operators from the source of the stream through transcoding up to the end-user applications.
VCAS for DVB Hybrid enables Mongolsat Networks to deploy a modern broadcast video system that extends subscriber reach by integrating premium OTT delivery through HTTP Live Streaming (HLS) and MPEG-DASH protocols.
The addition of MultiRights OTT enables Mongolsat Networks to solve multi-DRM challenges by providing harmonised rights management across networks and devices, according to a statement.
For more information, contact https://www.verimatrix.com.
-- BERNAMA
Thursday 20 June 2019
Small Giant Games expands new features in Empires & Puzzles
KUALA LUMPUR, June 20 (Bernama) -- Small Giant Games (Small Giant), a subsidiary of Zynga Inc has expanded its popular franchise, Empires & Puzzles with features, including multiple base updates, increases in the stronghold’s max level and new brand building.
Backed by player demand, the stronghold’s max level has increased from 20 to 21, with advanced versions of mines, farms, storage units and houses, while the Hunter’s Lodge building allows players to craft new battle items.
“Comprising passionate gamers, this expansion shows the team’s commitment to creating the most fun experiences for the Empires & Puzzles community,” said Zynga President of Publishing, Bernard Kim.
Since its launch in 2017, Empires & Puzzles has been downloaded more than 34 million times and has reached the #1 grossing position in 57 countries on the Apple App Store and 24 countries on Google Play.
Zynga has acquired Helsinki-based Small Giant in January this year. Small Giant brought with it an experienced development team and another forever franchise to Zynga’s live service portfolio with Empires & Puzzles.
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