Friday, 31 January 2020

Wings Capital Partners secures US$125 million term loan

KUALA LUMPUR, Jan 31 -- Wings Capital Partners LLC (Wings) has announced the successful closing of US$125 million term loan, collateralised by a 777-200LRF on lease to Korean Airlines. (US$1 = RM4.09)
The three-tranche financing has a maturity coterminous with the lease tenor and was provided by a syndicate of financial institutions including Barings, Nord LB, Bayern LB and Investec.
According to Wings treasurer, Jakob Gallagher in a statement, this financing is consistent with their strategic initiatives of diversifying sources of financing and managing asset liability. 
“The tenor and structure provide both a long-term solution for this asset and additional flexibility as Wings continues to build out its balance sheet.”
Wings is a private, full-service aircraft leasing platform based in Newport Beach, California. The company primarily invests in single-aisle, in-production commercial jet aircraft from new to 10 years of age on lease to airlines, globally.
-- BERNAMA


HIMSS-ELSEVIER EUROPEAN DIGITAL HEALTHCARE AWARD CALL FOR SUBMISSIONS OPEN

BERLIN, Germany, Jan 24 (Bernama-GLOBE NEWSWIRE) -- The Healthcare Information and Management Systems Society (HIMSS) and Elsevier, the global information analytics business specializing in science and health, are proud to announce the call for submissions for the Annual HIMSS-Elsevier Digital Healthcare Award 2020, European edition.

Established in 2013, the global HIMSS-Elsevier Digital Healthcare Award has recognized 218 submissions across 30 countries and 120 organisations, impacting over 41 million patients in the Asia Pacific, Middle Eastern and European regions.

The HIMSS-Elsevier Awards team are recognizing professionals in two categories:
 
·         Outstanding ICT Achievement - focuses on harnessing information and technology to successfully advance patient care and safety.

·         Outstanding ICT Innovation - focuses on creatively leveraging existing technology or developing ground-breaking new solutions to enhance ICT adoption, patient care and outcomes.

 



Deadline for submissions is March 27, 2020.

The HIMSS-Elsevier Awards are being hosted in Europe for the fourth time and have previously been celebrated in the Asia Pacific region for over six years, in the Middle East region for four and in Brazil and the Latin American region for the first time, earlier this year. It reflects Elsevier’s ongoing global commitment to supporting healthcare providers to continually evolve, in order to meet the needs of a changing population and changing health care.

The Awards will be presented during the HIMSS Europe & Health 2.0 Conference 2020 in Helsinki, Finland (26-28th May, 2020) 

About HIMSS

HIMSS is a global advisor and thought leader supporting the transformation of the health ecosystem through information and technology. As a mission driven non-profit, HIMSS offers a unique depth and breadth of expertise in health innovation, public policy, workforce development, research and analytics to advise global leaders, stakeholders and influencers on best practices in health information and technology. Through our innovation engine, HIMSS delivers key insights, education and engaging events to healthcare providers, governments and market suppliers, ensuring they have the right information at the point of decision. Headquartered in Chicago, Illinois, HIMSS serves the global health information and technology communities with focused operations across North America, Europe, the United Kingdom, the Middle East, and Asia Pacific. Our members include more than 80,000 individuals, 480 provider organizations, 470 non-profit partners and 650 health services organizations. www.himss.org

About Elsevier 

Elsevier is a global information analytics business that helps institutions and professionals advance healthcare, open science and improve performance for the benefit of humanity. Elsevier provides digital solutions and tools in the areas of strategic research management, R&D performance, clinical decision support and professional education, including ScienceDirect, Scopus, SciVal, ClinicalKey and Sherpath. Elsevier publishes over 2,500 digitized journals, including The Lancet and Cell, more than 38,000 e-book titles and many iconic reference works, including Gray's Anatomy. Elsevier is part of RELX Group, a global provider of information and analytics for professionals and business customers across industries. www.elsevier.com

Karen D. Groppe
Senior Director, Strategic Communications
Mobile 312.965.7898  | Twitter @Karen_D_Groppe

SOURCE: HIMSS

--BERNAMA

Thursday, 30 January 2020

Insightful Training Asia to present first eLearning platform

KUALA LUMPUR, Jan 30 – Insightful Training Asia Limited, an innovation company in eLearning software and services, today announced a new platform to sell courses online, designed to help companies provide own training courses to employees.
The platform enables the creation of a single source of e-courses and training materials, thus becoming a unique source of knowledge in one’s area to help employees acquire knowledge and assist their growth.
Features of the platform:
Integrated authoring tool
The patented authoring tool easily develops training courses, video and quizzes, optimises existing content and uploads your training materials on the platform.
Quizzes and assessments
With interactive quizzes, assessments and surveys, you can know your employees’ knowledge and understanding of the courses.
Powerful reporting tools
With over 20 reports to help you to easily analyse average quiz scores for more insight into each question.
White labelling
Apply your corporate logo, colours and style to create your own elearning platform.
-- BERNAMA

Uniphore's intelligent virtual assistant offers seamless customer experience

KUALA LUMPUR, Jan 30 -- Uniphore, an early conversation service automation category leader, is expanding its solution offerings by delivering an intelligent conversational digital assistant, akeira™ 2.0.
According to a statement, akeira helps automate conversations and reduce the cost of customer service for enterprises while providing a better customer experience. 
Akeira can handle simple transactional conversations which should not require a human agent in the first place. 
They make suggestions during a call, proactively look up information and can take actions. Uniphore’s automated digital agents resolve issues in real time, with the capability to seamlessly hand back to a human, any time.
The intelligent solution can build out a digital virtual assistant on existing interactive voice response channels, web chat and mobile app channels to interact with the customers answering or responding to a wide range of questions and requests. 
At the core of akeira is a new visual modeler. This easy-to-use interface gives administrators the ability to design and deploy entire conversations from start to finish, in a few minutes.
The virtual assistant is multi-lingual, supporting global languages and flexible deployment options whether it is on cloud or on premise.
Uniphore aims to disrupt an outdated customer service model by bridging the gap between human and machine using voice, AI and automation. More details at https://www.uniphore.com/solution/akeira/ 
-- BERNAMA

Wednesday, 29 January 2020

A BETTER ALTERNATIVE TO BANKING - CLUBSWAN.COM

LONDON, Jan 29 (Bernama-BUSINESS WIRE) -- ClubSwan.com, the leader in membership driven financial solutions, further expands its innovative alternative banking capabilities to key global markets. As traditional financial institutions continually struggle to provide innovative and meaningful ways to bring value to individual and corporate customers and as digital assets/crypto currencies are experiencing global growth, ClubSwan.com continues to evolve to meet the efficiencies and demands that these new assets and our customers require and to which traditional banks have no answer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200127005046/en/

Instead, closed bank accounts, rejected transactions, crippling delays with customers receiving their funds (if at all) are all the norm with traditional banks. To add to this dilemma, the availability of trustworthy solutions where customers have peace of mind for both crypto assets and traditional currencies have been non-existent... until now. A better alternative to banking is now available globally — it is tested, proven, and built for those that demand advanced, intuitive and innovative alternative banking solutions for global currencies and crypto assets alike.

ClubSwan.com is the innovative alternative banking solution available globally, bridging the Traditional Currency and Crypto worlds. With almost $1 Billion ($1,000,000,000.00) in crypto to fiat liquidations, ClubSwan has provided the on-ramps and off-ramps to serve both fiat and crypto. This global membership allows users to seamlessly transact without the need for purchasing any kind of token to facilitate spend and usage. ClubSwan naturally bridges the liquidity of fiat to the crypto world — previously, this has been a long standing problem for crypto users. With unique lifestyle services including wholesale travel, robust alternative banking services, the ability to seamlessly convert Crypto to Fiat, and a vast array of benefits brought into a single platform, the ClubSwan membership is disrupting the fintech and banking industry on a global scale.
  • Members receive a globally accepted debit card… ATMs, in-store, and online acceptance. Delivered via DHL within days of membership enrollment
  • Easily load, manage or transfer multiple currencies instantly or near instant
  • Take advantage of discounted travel through the 24/7 Concierge team — with substantial discounts off major travel site prices.
  • Start transacting almost immediately after membership activation is completed.
ClubSwan.com has also revolutionized the onboarding experience by digitizing the KYC process. With compliance and a robust user experience at the center of this membership program, in only 5 minutes a new customer can enroll and customers instantly receive 3 multi-currency wallet accounts (GBP, EUR, USD) and the ability to have up to 7 crypto wallets (BTCH, BCH, ETH, LTC, and more). Customers can send funds globally via wire transfer or from the crypto wallets.

The ClubSwan membership program is now offering a 40% commission for all referrals. Now is the time to experience a truly better alternative to banking and elevate life.

To inquire or enroll: https://clubswan.com/?rc=JVGOEJ23

Restrictions apply, see terms and conditions. Internet speeds are determined by your internet provider.

About ClubSwan:

ClubSwan is a technology-based organization partnering its lifestyle memberships with a UK regulated financial services platform. ClubSwan has partnered with Nvayo Limited, a UK-based Financial Conduct Authority (FCA) regulated financial services institution, authorised to hold multi currency balances, make payments and issue payment cards. Nvayo does not provide any crypto services. Cryptocurrency services are not currently regulated by the FCA or any other regulator in the UK. You understand that the price or value of crypto assets can rapidly increase or decrease at any time. The risk of loss in buying, selling, holding, or investing in crypto assets can be substantial and you can lose your money. Crypto assets received in relation to cryptocurrency transactions will not be safeguarded (under the UK Electronic Money Regulations 2011) or covered by the Financial Services Compensation Scheme. We do not make any representation regarding the advisability of transacting in cryptocurrencies. We cannot guarantee the timeliness, accurateness, or completeness of any data or information used in connection with your holding any exposure to crypto assets. ClubSwan offers additional services and support through its customer support and technology platform incorporating digital asset/currency transactions and liquidations.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20200127005046/en/

Contact

Glenniss Richards
press@clubswan.com

Source : ClubSwan

JENESYS 2019: 16 Japanese university students will visit Singapore, beginning Feb 4

KUALA LUMPUR, Jan 29 -- Sixteen Japanese university students are scheduled to visit Singapore from Feb 4 to 12, as part of Japan's Friendship Ties Programs ‘JENESYS 2019’ promoted by the Ministry of Foreign Affairs.
The students are from Soka University (five), Tokai University (six) and Meiji Gakuin University (five), according to a statement.
The group will visit the Embassy of Japan in Singapore, Japanese Chamber of Commerce & Industry, Singapore and Japanese companies. 
They will also learn the relationship between Japan and Singapore as well as deepen the knowledge of Japanese contribution to Singapore.
Through the experience of school exchange, homestay and observation of traditional industry, cultural property protection, history and art, they are expected to have a better understanding of Singapore’s culture and society.
 Via this programme, it is hoped participants will proactively share Japan’s appeals and other information, upon returning to that country, and strengthen relations between Japan and Singapore.
-- BERNAMA

World's largest cruise industry event goes back to Miami in April

KUALA LUMPUR, Jan 29 -- The world’s largest cruise industry event will return to Miami Beach Convention Center in Florida, the United States for four days, beginning April 20. 
This follows the announcement by the Seatrade Cruise Global on its 2020 State of the Global Cruise Industry Keynote lineup, launching its 35th anniversary edition opening session on April 21.
Sponsored by the Hong Kong Tourism Board and presented in partnership with Cruise Lines International Association, the event kicks off with the State of the Global Cruise Industry panel, an exclusive round-table discussion joining senior leadership representing the world’s four largest cruise lines. 
The second panel, The Future of Luxury Cruising, will gather five leaders in luxury liners to discuss the rapid growth and increasing demand for living the high life on the high seas.
Panelists include Frank Del Rio, President & CEO, Norwegian Cruise Line Holdings; Arnold Donald, President & CEO, Carnival Corporation & PLC; Richard Fain, Chairman & CEO, Royal Caribbean Cruises Ltd; and, Pierfrancesco Vago, Executive Chairman, MSC Cruises.
BBC World News broadcast journalist, Lucy Hockings is the returning keynote panel moderator at Seatrade Cruise Global 2020.
Seatrade Cruise Global offers flexible attendee registration options. Those who register by Feb 21, can receive early bird pricing, savings as much as US$400. More details at seatradecruiseglobal.com (US$1 = RM4.08)
-- BERNAMA

Singapore based start-up SynOption launches FX Options trading platform

KUALA LUMPUR, Jan 29 -- Singapore based start-up SynOption Pte Ltd this week launched its platform for electronic trading of FX Options.

This institutional platform allows investors to execute FX Options trades by requesting quotes from multiple banks on a centralised venue, thus enabling Best Execution for clients.

SynOption is the first firm approved by the Monetary Authority of Singapore (MAS) to establish and operate an organised market for nine months under the Sandbox express framework.

According to a statement, the firm has also been awarded a grant by the MAS Financial Sector Development fund as a designated special project.

SynOption supports MAS’ vision to make Singapore the FX trading hub in Asia by focusing on the market’s derivative segment. It intends to provide high speed connectivity to clients with lower trade rejection rates as more liquidity providers set up operations in the republic.

SynOption founder, Anchal Jain said: “SynOption attempts to build a fair platform for trade execution for all participants in the niche FX Options market.

“Leveraging on our experience, we are trying to create an intuitive product that will make the electronification journey easier. We intend to increase the scope of product and geographical reach as we gain more of a foothold in Singapore.”

SynOption has started onboarding institutional clients based in Singapore and gained good traction. The platform has signed up top tiered banks as liquidity providers and is rapidly looking to expand its participant base in the next few months.

-- BERNAMA

Tuesday, 28 January 2020

AM Best affirms The Dai-ichi Life Insurance Company, Limited Credit Ratings

KUALA LUMPUR, Jan 23 -- AM Best has affirmed the Financial Strength Rating (FSR) of A+ (superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘aa-’ of The Dai-ichi Life Insurance Company, Limited (DL) Japan.

The stable outlook of these Credit Ratings reflects DL’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.

DL’s very strong balance sheet strength assessment is supported by its risk-adjusted capitalisation that is at the strongest level, as measured by Best’s Capital Adequacy Ratio.

While the company has been gradually reducing its holdings, the concentration of common stock in its investment portfolio remains high, relative to its capital size, and this may expose the company to a certain degree of equity price risk.

DL’s operating performance over the most recent five-year period has been consistently positive with an average ordinary profit exceeding JPY 300 billion (US$2.7 billion). (US$1 = RM4.06)

DL is a wholly owned subsidiary of Dai-ichi Life Holdings Inc, one of Japan’s largest life insurance groups in terms of premium income, according to a statement.

The stable outlooks also reflect AM Best’s expectation that DL will maintain a strong and consistent operating performance, supported by an in-force book of business that is expected to generate positive core operating profit and a stable economic solvency ratio over the medium and long term.

More details at http://www.ambest.com.

-- BERNAMA

CollabNet VersionOne, XebiaLabs to create integrated Agile DevOps platform

KUALA LUMPUR, Jan 22 -- CollabNet VersionOne (CollabNet) and XebiaLabs have merged to create an Agile, end-to-end, DevOps platform for enterprises.

The combination, backed by TPG Capital, unites CollabNet’s upstream Agile planning and enterprise version control functionality with XebiaLabs’ downstream release orchestration and deployment automation capabilities.

In connection with the transaction, Ashok Reddy, an accomplished industry veteran and former Broadcom executive, has joined the combined company as chief executive officer (CEO).

Derek Langone, current CEO of XebiaLabs, will serve as president of the combined company while Stephen Gregorio will serve as the combined company’s chief financial officer.

According to TPG Capital’s Nehal Raj and Art Heidrich, the combination will provide enterprise customers with end-to-end visibility and management capabilities needed to develop software quickly, reliably and securely, helping accelerate digital transformation and drive business outcomes.

XebiaLabs’ existing shareholders, Susquehanna Growth Equity and Accel, have sold their respective stakes in the company as part of the combination. Additional terms of the transaction were not disclosed.

-- BERNAMA

Friday, 24 January 2020

SNOMED International recognises Award for Excellence, Lifetime Achievement Award recipients

KUALA LUMPUR, Jan 17 -- SNOMED International recently presented its Award for Excellence and Lifetime Achievement Award at its Awards Gala held in conjunction with the SNOMED CT Expo 2019 hosted here last October.

According to a statement, award recipients are nominated from among the community to recognise exceptional contributors to the evolution and ongoing guardianship of SNOMED CT.

The Award for Excellence is given for outstanding contribution to the improvement of SNOMED CT and its successful implementation in health and social care. Last year, the award was presented to Dr Mark Jurkovich.

Jurkovich’s commitment to SNOMED CT’s Dentistry Clinical Reference Group and its Special Interest Group predecessor, has made it among the most productive and successful of its kind.

The organisation was also pleased to present the Lifetime Achievement Award to Dr Stewart Jessamine and Lies van Gennip, PhD.

The late Jessamine’s passion for the global implementation and adoption of SNOMED CT was unparalleled, lending his time to progress the development and evolution of the company’s vision and mission, having served as Chair of the General Assembly on two separate occasions.

Meanwhile, van Gennip has made a significant and sustained contribution to the community of practice and ongoing development of SNOMED CT. Throughout her career, she has focused on promoting initiatives improving population and patient health at national level in the Netherlands.

SNOMED International is a not-for-profit organisation charged with setting global standards for health terminology, a critical element of safe and effective healthcare. More details at http://www.snomed.org.

-- BERNAMA

Thursday, 23 January 2020

Nippon Express consolidates 3 group companies in Italy

KUALA LUMPUR, Jan 17 -- Three Nippon Express Group companies in Italy, namely Nippon Express Italia Srl, Franco Vago SpA and Traconf Srl were merged to form Nippon Express Italia SpA on Jan 1.

The merger aims to accelerate and maximise synergy in sales and operations in one fell swoop and achieve dramatic growth, inclusive of existing Nippon Express Italia Srl, to step up efforts in the high-fashion sector.

According to a statement, it also aims to make the new company a leading provider of logistics services to the fashion logistics sector.

The merger also makes Nippon Express Italia SpA the largest Nippon Express Group company in Europe and the second largest overseas subsidiary after Nippon Express USA Inc.

The merger will also result in a new Lifestyle Division to go beyond high fashion to target lifestyle, enhance rate competitiveness via joint sorting/collection/co-loading in forwarding and trucking operations as well as extended lifestyle business model from Italy to the rest of the Nippon Express network.

More details at http://www.nipponexpress.com/

-- BERNAMA

Wednesday, 22 January 2020

MRO MIDDLE EAST, THE GULF REGION'S LARGEST EVENT FOR COMMERCIAL AIRCRAFT MAINTENANCE, RETURNS TO DUBAI, FEBRUARY 24-26

NEW YORK, Jan 16 (Bernama-GLOBE NEWSWIRE) -- MRO Middle East (#MROME) summit and exhibition will be held February 24-26 in Dubai, UAE. The combined summit and trade show, co-located with Aircraft Interiors Middle East (AIME), is the Gulf region's leading conference and exhibition for commercial aviation maintenance.

Gathering over 5,000 attendees from the entire airline supply chain, more than 83 countries are represented at the event, offering networking among industry leaders representing airlines, regulators, suppliers, and service providers.

According to Aviation Week 2020 Commercial Fleet & MRO Forecast, fleets in the Middle East are expected to nearly double, growing from 1,760 aircraft in 2020 to 3,670 aircraft by 2029, a CAGR of 8.5%. MRO demand in the Middle East is projected to double in the next 10 years and could reach $16.5 billion by 2029.

The MRO Middle East Exhibition (February 25-26), with more than 300 solution providers, is taking place at the Dubai World Trade Center (Za’abeel Halls 2-3). The event is free to attend to industry professionals and showcases the latest technologies and suppliers that are changing the way the MRO industry operates. The exhibition hours are Tuesday, Feb. 25 from 10 a.m. to 5:30 p.m. and Wednesday, Feb. 26 from 10 a.m. to 4 p.m. Click here to see who is exhibiting.

The MRO Middle East Summit takes place the day before the main exhibition, on Monday, February 24 at the Conrad Dubai. The one-day conference attracts 150+ senior attendees from the aviation aftermarket to network, explore the landscape, and discuss emerging opportunities in the Middle East. The sessions will be followed by a networking reception for delegates.

Summit speakers include:

· Amir Ali, Chief Technical Officer, PIA Engineering and Maintenance
· Yasin Birinci, Production Planning and Control Director, Turkish Airlines Technic
· Teddy Canadas, CCO, Testia
· Fraser Currie, CCO, Joramco
· Frederic Dupont, VP Technical Sales, Etihad Airways Engineering
· Gagan Jacobs, Power Plant Manager - Technical Services Dept., Jet Airways India Ltd.
· Nicole Noack, Head of Independent Aircraft Modifier Alliance, Lufthansa Technik AG
· Jim O'Sullivan, VP Sales & Business Development, HEICO
· Dr. Beshara Sholy, Head of Department, Abu Dhabi Polytechnic
· Jason Sutcliffe, Regional Marketing Director, Rolls-Royce International
· Geert van Damme, VP Sales & Marketing, EMEA, TurbineAero
· Shevantha Weerasekera, Head of Engineering Technical Services, Etihad Airways Engineering

MRO Middle East Platinum Sponsors are HEICO, Lufthansa Technik, Satair and StandardAero, and Gold Sponsors are Atitech, Collins Aerospace, Embraer, and Turkish Technic.

“With a presence in five continents, Middle Eastern airlines have spearheaded air traffic growth in this region twice as fast as the rest of the world, and the global MRO industry will soon reach $100 billion,” said Lydia Janow, Managing Director/Events, Aviation Week Network. “Professionals involved in any aspect of aviation maintenance, repair, and overhaul will have the opportunity to network with those who are fostering growth in the region, developing cutting-edge technology, and pushing the industry forward.”

Additional 2020 MRO events include: MRO Australasia, March 11-12, Brisbane, Australia; MRO Americas, April 28-30, Dallas, Texas; ap&m Europe, May 19-21, Manchester, UK; Engine Leasing, Trading & Finance Europe, June 10-11, London; Aero Engines Europe, September 16-17, Stavanger, Norway; MRO Asia-Pacific/Aero Engines Asia-Pacific, September 22-24, Singapore; and MRO Europe, October 27-29, Barcelona, Spain.

ABOUT AVIATION WEEK NETWORK 
Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace, and defense industries, serving 1.7 million professionals around the world. Industry professionals rely on Aviation Week Network to help them understand the market, make decisions, predict trends, and connect with people and business opportunities. Customers include the world's leading aerospace manufacturers and suppliers, airlines, airports, business aviation operators, militaries, governments and other organizations that serve this worldwide marketplace. Aviation Week Network’s portfolio delivers award-winning journalism, data, intelligence and analytical resources, world-class tradeshows and conferences, and results-driven marketing services and advertising.

Aviation Week Network is part of Informa Markets, a division of Informa PLC.

ABOUT INFORMA MARKETS
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

About Tarsus F&E LLC Middle East
Tarsus F&E LLC Middle East is one of the most influential names in the aerospace industry's events sector, and which launched the very first Dubai Airshow in 1989, in conjunction with Dubai Civil Aviation Authority, Dubai Airports and the UAE Armed Forces.

Covering all aerospace-related events in the Tarsus portfolio, Tarsus F&E LLC Middle East has a long-standing relationship with the global aerospace industry, an in-depth knowledge of the market and a hard-earned reputation for delivering event excellence. Tarsus F&E LLC Middle East maintains offices in Dubai and London.

CONTACT:Elizabeth Kelley Grace
+1-561-702-7471
Elizabeth@thebuzzagency.net

SOURCE: Aviation Week Network

--BERNAMA

HK100 SECURES SPOT AS PRESTIGIOUS GLOBAL EVENT DRAWING THOUSANDS TO ITS SCENIC TRAIL


Table

(Photo: Business Wire)


HONG KONG, Jan 22 (Bernama-BUSINESS WIRE) -- This year’s highly coveted Vibram® Hong Kong 100 Ultra Trail Race (HK100), supported by the Hong Kong Tourism Board (HKTB), concluded with an impressive 2,300 runners from across the globe enthusiastically taking part. From France and the UK to the USA and Canada; and from Singapore and Malaysia to Thailand and Japan; many overseas runners were present in the stunningly scenic challenge. A total of 1,800 racers ran the full 103-kilometre course, which blazed along the Maclehose Trail from Pak Tam Chung to Sai Kung; while 500 participants joined The Half, the aptly named, newly designated 56-kilometre trail that encompassed the first half of the full course.

This press release features multimedia. View the full release here:
 https://www.businesswire.com/news/home/20200120005283/en/

The successful conclusion of this prestigious race once again put Hong Kong on the trail-running map as an essential international destination for professional racers wanting to make their mark.

In the men’s races, You Peiquan (China) and Gediminas Grinius (Lithuania) took home the top prizes, finishing the rigorous HK100 and The Half in an impressive10 hours, 17 seconds, and 4 hours, 54 minutes, respectively. The women’s HK100 was won by Xiang Fuzhao (China) in 11 hours, 28 minutes, and the winner of The Half was Rie Sugaya (Japan) in 6 hours, 5 minutes.

Although not for the faint of heart, the HK100 trail offered spectacular views as it wound through the breathtaking Maclehose Trail, giving the runners access to otherworldly forests, sprawling beaches, tranquil reservoirs and more. Steep inclines and concrete steps along the way added an even more interesting dimension. The race ended with a heart-thumping descent from Hong Kong’s highest mountain, Tai Mo Shan.

Both You and Xiang said they really wanted to win and thanked everyone who supported them. Grinius is a regular competitor in Hong Kong’s races, and this race is his second victory this year. “I love racing in Hong Kong and the trail running scene here,” he said. “That’s why I keep coming back year after year.”

“Hong Kong is a magnet for some of the world’s best trail racers,” said Janet Ng, Vibram® Hong Kong 100 Race Director. “Now in the second year of its elevation to ‘Series’ level in the Ultra Trail® World Tour, this year’s HK100 attracted participants from over 50 countries. It is an event that has been blessed over the years by the incredible support of our sponsors and supporting organizations, and Hong Kong’s strong, friendly, close-knit trail-running community.”

“I would like to congratulate all of the talented racers who gave it their all in the HK100,” said Dane Cheng, Executive Director of the Hong Kong Tourism Board. “It is wonderful to see such camaraderie and community spirit among international competitors, which is what this race is truly about. Sharing the resilient traits of ultra runners, Hong Kong continues to shine as an Events Capital in the Asia-Pacific region, hosting renowned races and attractions that are excitingly anticipated by participants from all over the world.”

View source version on businesswire.com:
https://www.businesswire.com/news/home/20200120005283/en/

Contact

Vivian Li

Vivian.li@hktb.com

Source : Hong Kong Tourism Board

Currency volatility affects US-listed multinational corporation revenues - report

KUALA LUMPUR, Jan 22 -- Currency volatility was responsible for significant impacts on the revenues of United States (US)-listed multinational corporations, costing more than US$11.5 billion in Q3 2019, according to the new Kyriba Currency Impact Report (CIR). (US$1 = RM4.08)
CIR is comprehensive report which details the impact of foreign exchange (FX) among 1,200 companies in North America and Europe.
This is the fifth consecutive quarter of over US$10 billion in losses for North American companies – the longest such stretch in at least a decade, according to a statement.
“Waiting for currency volatility to calm down has been a US$98 billion mistake for CFOs of multinational corporations. CFOs who dismissed this problem as a temporary wave of market drama have unnecessarily cost their shareholders, and need to reconsider their strategy,” said Kyriba chief evangelist, Wolfgang Koester.
The average earnings per share (EPS) impact reported by North American companies in Q3 2019 was US$0.03 – three times greater than the industry standard MBO of less than US$0.01 EPS impact.
For the 11th consecutive quarter, North American companies indicated the Euro as the most impactful currency, with 46 per cent of companies mentioning it during their Q3 earnings calls, according to the report.
Medical equipment and supplies and the business services industries experienced the greatest impact from currencies, as those industries continue to be affected by Brexit and other volatile geopolitical events globally.
More details at www.kyriba.com.
-- BERNAMA

Monday, 20 January 2020

GRAYSONLINE IS HOSTING A MEGA ONLINE BUSHFIRE AUCTION COMMENCING FEBRUARY 1, 2020




SYDNEY, Australia, Jan. 13, 2020 /Medianet International-AsiaNet/ --

Gives Australians the opportunity to turn their valuable items into much needed funds for bushfire relief.

The on-going bushfire catastrophe engulfing much of south-east Australia has stretched firefighting and animal rescue groups to breaking point. GraysOnline is launching a major online auction event to raise much-needed funds for volunteer firefighters and animal welfare.

GraysOnline is calling for Australians to donate their valuable, or unused items for this major auction. 100% of auction proceeds will go to bushfire relief. GraysOnline will provide all listings, shipping, marketing and logistics on their leading online auction platform at no cost.

Australians are urged to donate valuable items including memorabilia, cars, boats, machinery and experiences. Businesses can contribute by donating unused business assets for the auction. GraysOnline is raising funds for organisations that are fighting the fires, as well as caring for a large number of animals that continue to be threatened and suffer.

Chris Corbin, Managing Director of GraysOnline, said "Like all Australians, the team at GraysOnline has watched in horror at the devastation caused during the current bushfire crisis. The team decided to use our auction platform and expertise to launch this major online auction event to raise funds for the people at the front line who are working tirelessly to protect people, homes and animals."

This one-off mega auction gives individuals and businesses all over Australia the opportunity to join the fund-raising effort supporting important organisations in their efforts to protect people, property and wildlife. And they can be confident that 100% of funds raised will go directly to nominated organisations, not marketing and administration.

Donations of items for the auction can be made at www.graysonline.com/charityauction. The auction commences on February 1, 2020 and runs for one week only. 100% of proceeds will be shared equally between NSW RFS, VIC CFA and WIRES.

"As Australia's largest auction platform and with one in five Australians on our database, GraysOnline is committed to helping rebuild after the devastating fires that have affected so many of our customers and vendors. We are calling on all Australians to donate their valuable items to support our amazing volunteers in their important work", said Chris Corbin.

GraysOnline encourages individuals and businesses all over Australia to join the fundraising effort in a meaningful way by donating their valuable items and assets. GraysOnline will use its auction platform and expertise to turn these items into much-needed funds for organisations on the front line of this ongoing crisis.

For more information about this one-off auction event, please contact:
Chris Corbin, CEO,
GraysOnline
M: +61 413 627 724
E: chriscorbin@grays.com.au

Source: GraysOnline

Teledyne e2v releases Emerald 36M image sensor for demanding industrial, outdoor applications

KUALA LUMPUR, Jan 14 -- Teledyne e2v, a Teledyne Technologies company and global innovator of imaging solutions has announced its new Emerald 36M, a 37.7 Megapixel image sensor specifically designed for demanding industrial and outdoor applications requiring high resolution and high speed.

“We are delighted to release the Emerald 36M. The sensor is already gathering interest from vision system designers looking forward to improved accuracy and throughput with optimised inspection system paths,” said Teledyne e2v marketing manager, Marie-Charlotte Leclerc.

Emerald 36M uniquely combines 6k square resolution and superior frame rate, providing low noise, high quantum efficiency and wide angular response. It also offers excellent image quality that benefits the most challenging applications.

The sensor is available in an ultra-high speed and a high-speed version, respectively providing 86fps and 43fps at full resolution, according to a statement.

The sensor is designed to provide easy integration and compatibility with cost-effective FPGAs. It is pin-to-pin and optically compatible with Emerald 67M, so that multiple resolutions and speed grades are possible from a single camera design.

Evaluation kits and samples of Emerald 36M are available now. More details at https://imaging.teledyne-e2v.com.

-- BERNAMA

Scott Eddington is WorldRemit APAC managing director

KUALA LUMPUR, Jan 20 -- Leading mobile payments company, WorldRemit has appointed seasoned digital executive, Scott Eddington as APAC managing director to lead the Asia Pacific business.
The company positions itself to help even more customers make secure, quick and affordable cross- border payments, according to a statement.
Eddington will be responsible for accelerating WorldRemit’s mobile payments service in Asia Pacific, which currently allows customers to send from Australia, New Zealand, Japan, Hong Kong and Singapore.
“Over the last 10 years, WorldRemit has transformed the cross-border payments industry by making money transfers as easy as sending a text. The digital insight Scott brings from his previous roles will help continue our journey delivering a mobile first service that is convenient, fast, secure and value for money,” said WorldRemit chief commercial officer,Tamer El-Emary.
Developments in Asia such as the ASEAN Economic Community envision free flow of labour and are likely to change the traditional migration and cross-border payment flows over the next decade with more intra Asian migration.
Eddington will also be responsible for the development of WorldRemit’s send and receive network, helping deliver services into new geographies in a secure and convenient way.
Prior to joining WorldRemit, Eddington was responsible for digital strategy at Commonwealth Bank of Australia with over 10 years of international expertise in a variety of roles working for McKinsey and Company and Linklaters LLP based in London, Japan and Singapore.
-- BERNAMA

Saturday, 18 January 2020

KURITA WATER INDUSTRIES WINS AGENCY OF NATURAL RESOURCES AND ENERGY DIRECTOR-GENERAL'S AWARD IN THE 2019 ENERGY CONSERVATION GRAND PRIZE FOR IMPROVED HEAT TRANSFER EFFICIENCY THROUGH DROPWISE CONDENSATION TECHNOLOGY

TOKYO, Jan 17 (Bernama-BUSINESS WIRE) -- Kurita Water Industries Ltd. (TOKYO: 6370) (Head Office: Nakano-ku, Tokyo; President: Michiya Kadota; hereinafter “Kurita”) is pleased to announce that it has been awarded the Agency of Natural Resources and Energy Director-General's Award in the Product and Business Model category of the 2019 Energy Conservation Grand Prize organized by The Energy Conservation Center, Japan (backed by the Ministry of Economy, Trade and Industry). The prize was awarded for the improved heat transfer efficiency through Kurita’s Dropwise Condensation Technology. This marks the second time Kurita has been recognized in the Energy Conservation Grand Prize, after winning the Energy Conservation Center Chairman’s Award for its DReeM Polymer™ technology in 2017.

The Energy Conservation Grand Prize recognizes exemplary energy conservation initiatives on the part of business operators and sites, as well as products and business models that demonstrate excellent energy conservation. The endeavor is organized to expand awareness of energy conservation in Japan, encourage the widespread adoption of energy-saving products, and help build an energy conservation-oriented society. In the 2019 Energy Conservation Grand Prize a total of 52 themes were identified for recognition, with the Agency of Natural Resources and Energy Director-General's Award in the Product and Business Model category going to five recipients.

Under the award-winning theme, Kurita was recognized for its efforts to achieve energy conservation through its new Dropwise Condensation Technology and for the underlying technology. In general, a layer of water forms on the metal surfaces at the steam end of heat exchangers that use steam generated by boilers, due to condensation of the steam. While extremely thin, this layer of water drastically reduces heat transfer efficiency, resulting in higher energy consumption and lower productivity due to the higher amount of steam that needs to be used. Kurita’s Dropwise Condensation Technology gives water repellent properties to the metal surfaces of heat exchangers to remove the layer of water and improve heat transfer efficiency. This in turn conserves energy thanks to the reduced amount of steam used, and boosts productivity. Moreover, since the effect is produced by simply adding a water treatment chemical with water-repellent properties to the steam line immediately before a heat exchanger, the solution can be adopted with production facilities still operating.

Kurita is currently rolling out solutions using this technology across various fields of business, and has verified its effects at a paper mill, where per-unit steam consumption and CO2 emissions have been reduced by 5-10% per year on average. The energy conservation effects can be further enhanced with control in combination with IT and sensing technologies. Moving forward, Kurita rolls out these solutions as a contract-based business where it shares benefits for production equipment such as reduced energy usage and higher production volume with customers.

Under the MVP-22 Medium-term Management Plan, Kurita sees “solving issues related to water resources” and “realizing sustainable energy use” as social issues to be tackled on a priority basis, and is focused on creating shared value with society. With close attention being paid to how energy usage can be optimized in industry, the Kurita Group aims to deliver plant-wide thermal efficiency improvements, and will continue to work with customers in pursuit of sustainable energy usage.

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