US-based Advanced Energy starts manufacturing facility's operation in Penang

KUALA LUMPUR, Feb 28 -- Advanced Energy Industries Inc has stamped its mark in Southeast Asia with the start of its commercial operations of its newest facility in Simpang Ampat in Penang, Malaysia. 

According to a statement by the United States-based company, the new 178,000 square-foot facility will serve semiconductor and industrial customers in the region, which is known for its rich community of high-tech manufacturing experts.

It is expected to employ approximately 550 on-site associates inclusive of key roles in operations, electronics manufacturing, test engineering and new product introduction, with an estimated 35 per cent of technical staff.

“The new facility in Penang will not only enable us to get physically closer to many of our customers in the region but also provide greater business continuity and redundancy,” said Advanced Energy's executive vice-president and chief operating officer, Neil Brinker.

The multinational company, with worldwide operations, provides power technology that enables the manufacturing of daily products in a variety of industries, including medical, automotive, consumer electronics, glass and steel.

More details at www.advancedenergy.com 

-- BERNAMA

HeadSpin secures US$60 million funding, adds Nikesh Arora as Chairman of the Board

KUALA LUMPUR, Feb 27 -- HeadSpin has announced a US$60 million Series C funding round led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors Tiger Global Management, Kearny Jackson, and Alpha Square Group. (US$1 = RM4.22)

The round brings the total amount raised since inception to US$117 million. HeadSpin will use the funding to develop new product offerings, expand into new market segments, and deepen position within cloud ecosystems.

Also participating in the round are leading angel investors, including LinkedIn’s Jeff Weiner, We’s Shiva Rajaraman, Calm’s Alex Will, Notion’s Akshay Kothari, Bumble’s Derek Callow, Caviar’s Gokul Rajaram, Uber’s Manik Gupta and Stripe’s Amber Feng.

In the same statement, HeadSpin also announced that Palo Alto Networks’ Chairman and Chief Executive Officer, Nikesh Arora, has joined the company Board of Directors as Chairman of the Board.

Understanding that connected experiences enabled by web, mobile, IoT, and 5G technologies have become the primary point of interaction between companies and their customers, HeadSpin developed the world’s first Connected Intelligence Platform™ to unify testing, monitoring and analytics across applications, devices and networks.

This enables companies to optimise the functionality and performance of connected experiences throughout the development lifecycle and across the increasingly complex ecosystem of software and infrastructure used to reach today’s global audiences.

Since launching in 2015, HeadSpin has doubled its annual revenue year-over-year, earning the trust of over 1,000 enterprise customers and telco operators. New HeadSpin enterprise customers include Microsoft, Tik Tok, Bandai Namco Studios, Yahoo! and Uber.

More details at https://www.headspin.io.

-- BERNAMA

NIPPON EXPRESS USA RELOCATES WAREHOUSE TO LONG BEACH (LOS ANGELES)

TOKYO, Feb 25 (Bernama) -- Nippon Express USA, Inc. (hereinafter, "NE USA"), a local subsidiary of Nippon Express Co., Ltd., has relocated its principal location for West Coast ocean cargo transport and warehousing operations from Torrance to Long Beach, both in California. The new location in Long Beach, part of the Los Angeles metropolitan area, opened for business in January 2020.

Logo: https://kyodonewsprwire.jp/img/202002217132-O3-M9KxbID5

An opening ceremony was held at the new location on Tuesday, January 28.

Photo1: Opening ceremony
https://kyodonewsprwire.jp/prwfile/release/M103866/202002217132/_prw_PI1lg_1QSJx8da.jpg

Photo2: Exterior view of new location
https://kyodonewsprwire.jp/prwfile/release/M103866/202002217132/_prw_PI2lg_1TKqb67K.jpg

Reflecting the robust U.S. economy, the Port of Los Angeles area has been seeing a sharp rise across the board in warehouse demand. NE USA's previous location comprised three buildings on the same site, but the new location will use a single high-ceilinged building in the interest of greater storage and operational efficiency.

This consolidation of locations with a Nippon Express Group company, Associated Global Systems, Inc., is expected to produce considerable synergy by efficiently integrating the trunk transport of cargo to/from Los Angeles.

The new site in Long Beach sits alongside the Port of Los Angeles' "Heavy Container Corridor," a roadway on which overweight container loads can be transported without special authorization. NE USA will be seeking to take advantage of this siting to step up its business efforts in the transport of large plant equipment and other heavy haulage as well as various transloading operations, and to acquire new forwarding business.

The new location is an air-conditioned facility equipped with frozen (-20 C) and refrigerated (2 C to 8 C) temperature control, enabling storage of perishables, pharmaceuticals and other goods requiring temperature control.

NE USA remains committed to further enhancing its community-rooted logistics services worldwide to support its customers' diversifying global business operations.

Profile of new location
Name: Ocean Service Division & Logistics Service Division, Los Angeles Branch;
Household Goods Branch; Nippon Express USA, Inc.
Address: 1901 W. Pacific Coast Highway, Long Beach, CA 90810, USA
Warehouse area: 16,570 square meters
Office: 1,535 square meters

Nippon Express website: http://www.nipponexpress.com/

Official LinkedIn Account: NIPPON EXPRESS GROUP
https://www.linkedin.com/company/nippon-express-group/

Source: Nippon Express Co., Ltd.

--BERNAMA

SuperCryptoNews, Roostoo launch paper trading competition with Bitcoin rewards

KUALA LUMPUR, Feb 20 -- SuperCryptoNews, Asia’s leading blockchain and cryptocurrency media, has officially partnered with Roostoo to launch a paper trading competition that rewards actual Bitcoin (BTC) to the top traders at the end of the competition.

According to a statement, users - for the first time - can expect to win up to 0.5 BTC and more in a trading competition in which no capital is required.

Besides the initial reward of 0.5 BTC, the reward pool grows as more participants join the competition.

“We have decided to launch this simulated trading competition with pre-allocated capital to incentivise everyone to explore trading in cryptocurrencies with no risk. At the same time, they could also win actual prizes in cryptocurrency,” said SuperCryptoNews’ managing editor, Varut Vanichayakosol.

“We hope that this would be the first step to introducing digital assets trading to new users and letting them know that they do not have to be afraid of exploring it.”

The competition will run from March 7 to April 5 while registration will begin on Feb 24 (GMT+8) at https://www.supercryptonews.com/

-- BERNAMA

Teledyne DALSA's 32k TDI camera offers highest resolution in line scan imaging

KUALA LUMPUR, Feb 21 -- Teledyne DALSA has released its newest charge-domain CMOS TDI camera, the Linea HS 32k TDI camera, using patent-pending pixel offset technology.

The camera uses two 16k/5μm TDI arrays with pixel offset. Two 16k/5μm images are captured in real time, then reconstructed to achieve a higher resolution image of 32k/2.5μm.

According to a statement, this upconversion significantly enhances detectability for subpixel defects.

One advantage of the patent-pending pixel offset technology is that existing lighting and 16k/5μm lenses can be used without sacrifice in responsivity and MTF with a smaller physical pixel size.

Combined with Teledyne’s Xtium™2 CLHS series of high-performance frame grabbers, these new products represent a breakthrough in data throughput.

Built on field-proven technology, the next generation CLHS fibre optic interface provides reliable and high throughput data transmission.

Fibre optic cables lower system costs, offer longer cable lengths (up to 300 m), and are immune to electromagnetic radiation in industrial environments.

-- BERNAMA

Unisys to present at Air Cargo India conference next week

KUALA LUMPUR, Feb 19 -- Unisys Corporation, a global information technology company has announced its cargo industry director, Niranjan Navaratnarajah will present at the Air Cargo India conference on Feb 26 in Mumbai.

He will discuss why a fundamental cultural change is essential for the air cargo industry to remain nimble, economically viable and combat escalating physical and data security threats.

“In the increasingly competitive air cargo industry, the whole ecosystem spanning airlines, warehouses, freight forwarders, booking agents, customs and road/rail transport must accelerate its digital transformation to be more efficient and remain economically viable,” said Navaratnarajah.

“Some players have made great strides in adopting new technologies, from online marketplaces, to IoT and drones. However, for most of the industry, a fundamental cultural change is required to evolve and create a truly connected supply chain.”

Navaratnarajah has cited three areas where cultural change was required in air cargo, namely, make inventory visible across multiple sales channels to create new business models, focus on both data and physical security, and respond to market demand for specialised cargo.

Reducing shipment dwell time in warehouses is key to improving efficiency. Smarter processes in the warehouse are a first step, but the industry also needs to develop new channels to market.

Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry. Its cargo solutions are used by many of the world's leading carriers, who collaborate via the Unisys Cargo User Group.

More details at www.unisys.com.

-- BERNAMA

HOLISTIC KPMG ASEAN SCHOLARSHIP DESIGNED FOR UNDERGRADUATES TO GAIN CROSS BORDER EXPERIENCE

KPMG calls for young Malaysians to unleash their potential

PETALING JAYA, Feb 21 (Bernama) -- The KPMG ASEAN Scholarship, a regional scholarship program, is once again open until 20 March 2020 for outstanding Malaysian undergraduates to apply. The scholarship provides funding and employment opportunities in four ASEAN nations alongside Malaysia: Indonesia, Thailand, Cambodia and Vietnam.  KPMG is the first of the Big 4 professional services firms to offer such program in the region, which was established in 2015.

Eligible scholars who are keen on getting first-hand corporate experience or have interest in acquiring structured cross-border experiences are encouraged to apply. Exceptional undergraduates who are currently in their first or second year of their degree program in any discipline are welcome.

Adrian Lee, Head of People at KPMG in Malaysia, explains “KPMG’s ASEAN Scholarship program enables undergraduates to engage with people from different countries while learning employable skillsets that will benefit them when they graduate and join the workforce. Selected applicants will have the opportunity to broaden their experience with two internships; one with the Malaysia firm and the other within one of the four participating member firms in ASEAN.

“Last year, we received over 460 applicants from various universities across Malaysia and through rigorous selection, have supported five promising graduates from Malaysia to stretch their potential to grow and become leaders of the future.” Adrian added.

Scholars will receive an annual scholarship grant of RM12,000 per annum and allowance for internships abroad. This program also offers employment prospects for excellent scholars upon graduation.

KPMG’s structured program is supported by three pillars – professional development, strategic engagement and social connection – where KPMG’s ASEAN Scholars can anticipate diverse learning and development opportunities.

From the 2017 cohort, local scholar, Natasha Bong Sue Yan, who graduated last year, explained how her internship in Singapore has allowed her to grow outside of her comfort zone.

“I was in my second year of studies at the time of my internship and I was privileged to be able to meet clients from various engagements. This allowed me to gain insights on how different industries function and I brought this knowledge to the classroom. This experience helped to expand my learning curve, especially in areas of customer centric operations.

“I am also thankful for the support system that I received during my internship as my managers and peers were supportive and willing to guide me through, which made me felt appreciated. In the course of my internship, I was able to integrate along with other ASEAN Scholars and we were able to participate in one of the firm’s Corporate Citizenship initiatives, which was a great platform to interact with the community,” shared Natasha, who will be commencing as an Associate with the Strategy and Operations department at KPMG in Singapore in March.

Currently in his last semester pursuing his bachelor’s degree in Finance, Accounting and Management, Mohammad Uqail Esa, expressed that it was an honour to be selected as he feels this is a jump start to his dream career in the field of audit.

“I look forward to be able to contribute and learn throughout the KPMG ASEAN scholarship program as I anticipate working alongside colleagues and other ASEAN scholars from different countries. To me, that is the epitome of diversity and inclusion,” said Uqail who will be embarking on his career journey with KPMG in Malaysia.

Throughout this program, scholars will be mentored by senior members of staff and management to ensure that they have an all-inclusive experience working at KPMG. Upon joining this program, they are also eligible to access employee benefits such as Flexible Working Arrangements, rapid career advancement and the chance to participate in CSR activities that contribute towards improving the communities.
 

Application for the KPMG ASEAN Scholarship closes on 20 March 2020. To view the eligibility criteria and to apply, visit www.kpmg.com.my/aseanscholarship

KPMG PLT
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. The history of KPMG in Malaysia can be traced back to 1928. KPMG PLT, a limited liability partnership established under Malaysian law, is a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. The independent member firms of the KPMG network are affiliated with KPMG International. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

SOURCE: KPMG PLT

http://mrem.bernama.com/viewsm.php?idm=36800

Ceruzzi secures US$350 million loan for 'The Centrale' in New York City

KUALA LUMPUR, Feb 21 -- Ceruzzi Properties has secured the next phase of financing at The Centrale, the luxury residential condominium tower at 138 East 50th Street in the Midtown East neighbourhood of Manhattan.

The new loan from Meritz provides Ceruzzi with a US$350 million inventory loan collateralised by the luxury residential tower, which pays off a previous US$300 million construction loan Madison Realty Capital provided to Ceruzzi in 2017. (US$1 = RM4.19)

The new financing marks the first Korean inventory loan in New York City. VI Development Group advised Meritz on the transaction and tapped PIA Asset Management to enter as the asset management company for the project.

The 803-foot 63-floor tower features 124 luxury residential condominium units, 8,527 square feet of retail space at and below grade, and a 25-space parking garage, with a façade designed by Pelli Clarke Pelli Architects, according to a statement.

Ceruzzi completed The Centrale in early 2019 and has begun selling condos at the project, having put 20 units into hard contract already.

The Centrale offers a mix of efficient one to five-bedroom units, ranging from 777 square feet to 5,388 square feet.

The building features luxury amenities including an indoor pool and spa, fitness centre, and shared work areas, while interior design by Champalimaud Design contributes to the property’s overall high-end sheen.

-- BERNAMA

AG&P BREAKS GROUND ON ITS LNG IMPORT FACILITY AT KARAIKAL PORT, PUDUCHERRY, EXPANDING ACCESS TO NATURAL GAS FOR DOWNSTREAM CUSTOMERS IN SOUTH INDIA

^{AG&P breaks ground on its LNG import facility at Karaikal Port, Puducherry. Terminal expected to commence operations by Q4 2021. (Graphic: Business Wire)}


CHENNAI, India, Feb 21 (Bernama-BUSINESS WIRE) -- AG&P, the global downstream gas and LNG logistics company, has broken ground on its LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India. The Karaikal LNG Import Facility (“Karaikal LNG”) is expected to commence commercial operations by Q4 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200220005497/en/  

Owned and operated by AG&P, Karaikal LNG Import Facility is being built on a 12-hectare site within the Karaikal Port, which enjoys the only deep-water access on the East Coast of India south of Chennai, with all-weather capabilities and 24/7 operations. Karaikal LNG, which will have an initial capacity of one million tonnes per annum (MTPA), will include a Floating Storage Unit (FSU) leased through a long-term charter agreement with ADNOC Logistics and Services (ADNOC L&S) from 2021, providing an efficient solution that will enable the supply of this clean fuel to be affordable.

Strategically located 280km south of Chennai and in close proximity to Tamil Nadu’s thriving manufacturing clusters, the new terminal will provide natural gas to power plants, industrial and commercial customers within a 300 km radius. In addition, Karaikal LNG will serve the important city gas networks of AG&P and other city gas companies that bring CNG and LNG to vehicles and piped natural gas to households and other establishments. Truck loading bays will enable delivery of LNG to remote customers by AG&P’s own fleet of trucks.

JM Sigelman, CEO of AG&P, said, “AG&P is deeply honored to have the opportunity to bring Karaikal LNG to fast-growing and dynamic Southeast India. It will become a landmark infrastructure development for the region and is ideally suited for the Karaikal Port, a critical center of trade. AG&P takes on the value chain from import of LNG through to delivery of gas to end-customers – vehicles, kitchens, large and small factories, power, restaurants and malls. Karaikal LNG is a cornerstone project for Pondicherry, Tamil Nadu and Karnataka that will provide clean, affordable fuel.”

Karthik Sathyamoorthy, President of AG&P Terminals and Logistics, said, “With the addition of AG&P’s LNG import terminal, the Karaikal Port will become a gateway for the delivery of cleaner and lower-cost fuel to downstream demand centers that are unable to access natural gas today. Our goal is to bring down the unit cost of regasification terminals for smaller volumes to make LNG commercially viable for scattered and smaller customers. We will achieve this at Karaikal through the unique solution we are implementing with our partners such as ADNOC L&S.”

Abhilesh Gupta, AG&P’s CFO and Chief Commercial Officer, commented, “Karaikal LNG will play a crucial role in the GDP of Southeast India. Karaikal LNG is a vital infrastructure project that will provide a substantial boost to the region’s economy. It will help improve the socio-economic conditions of communities within a few hundred-kilometer radius through local employment and the development of industries via reliable and affordable access to natural gas and LNG.”

AG&P develops and builds LNG import terminals in nascent and growing markets around the world. These facilities encourage the development of a downstream gas value chain and unlock latent demand. At Karaikal LNG, AG&P has developed a flexible configuration combining floating storage and onshore facilities, such as truck-loading. This design increases operational efficiencies that result in a flexible and commercially-compelling solution for our customers.

Beyond Karaikal, AG&P is one of the largest international players in India’s gas sector, having been awarded exclusive rights from the Petroleum and Natural Gas Regulatory Board (PNGRB) to build city gas distribution (CGD) networks in 12 Geographic Areas across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka and Rajasthan. At the end of 8 years, the AG&P networks will offer more than 1,500 CNG stations and natural gas connections to millions of households.

About AG&P:

AG&P is a global leader in developing and running LNG and gas logistics and distribution solutions. AG&P provides the infrastructure to access natural gas safely and easily in new and growing markets. We act as an owner and as a service provider covering the engineering, procurement, project management and construction for onshore and offshore gas infrastructure, linking suppliers to downstream customers.

www.agpglobal.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20200220005497/en/

Contact

MSL India
Bishnupriya Narayan - AVP, Strategy bishnupriya.narayan@mslgroup.com
Ph: + 91 9958574545

AG&P
Christine Jones – VP, Global Marketing & Communications christine.jones@agpglobal.com
Ph +61 409635 675

Source : AG&P

Kioxia launches line-up of PCIe® 4.0 solid state drives

KUALA LUMPUR, Feb 21 -- Kioxia Corporation has unveiled its lineup of PCIe® 4.0 NVMe™ enterprise and data center solid state drives (SSDs) - CM6 Series Enterprise and CD6 Series Data Center.

According to a statement, Kioxia was the first company to publicly demonstrate PCIe® 4.0 SSDs and is now the first to commence shipment of these next-generation drives.

Dual-ported for high-availability, Kioxia’s CM6 Series of PCIe® 4.0 represents improvements of up to two times over its PCIe® 3.0 predecessors and are 12 times faster than typical SATA drives.

Designed for enterprise applications and use cases – including high-performance computing, artificial intelligence, caching layer, financial trading and data analytics – the CM6 Series are available in capacities of up to 30.72TB.

Meanwhile, CD6 Series of PCIe® 4.0 is single-ported for servers, and targeted to hyperscale data center and general-purpose applications such as database, cloud/container environments, web servers and media streaming.

The CD6 Series will be available in capacities of up to 15.36TB, with up to 6.2GB/s throughput and 1.0 M IOPS random access performance.

-- BERNAMA

MANULIFE INSURANCE BERHAD LAUNCHES NEW JOHOR BAHRU REGIONAL SUPPORT CENTRE

KUALA LUMPUR, Feb 18 (Bernama) -- Manulife Insurance Berhad (MIB) has launched its new Johor Bahru Regional Support Centre (RSC) in Menara Landmark. It replaces the previous RSC located at Bangunan Ang, Johor Bahru.

This is one of the company’s latest efforts to further drive recruitment and attract the best and brightest insurance and financial services professionals in the southern section of Peninsular Malaysia. Currently, MIB has six RSCs nationwide, each located at our head office in Damansara Heights, Kuala Lumpur; Juru, Penang; Ipoh, Perak; Johor Bahru, Johor; and Sibu and Kuching in Sarawak.

“RSCs support our agency members in providing office space for them to grow their business and provide faster and smoother service to our customers. A win-win for all – we are progressing towards our bold ambition of becoming the most digital, customer-centric global company in our industry,” said Lee Sang Hui, Chief Executive Officer of MIB.

“MIB’s presence in the southern region is significant in terms of agency strength and customer base and is an important region for us when it comes to contributing to our business growth. MIB will continue to look for more ways to increase our brand presence in Johor Bahru to support the growth of business there,” he added.

An official signing ceremony was also held, to welcome Aspire Global Achievers Sdn Bhd (AGA) as one of the company’s very first Agency Leaders Corporation (ALC) in the southern region.

Strategically located in the heart of Johor Bahru city, the RSC in Menara Landmark is a spacious 11,000 square foot with a modern look and feel, complete with a customer service

About Manulife Malaysia
Manulife Holdings Berhad is part of Canada-based Manulife Financial Corporation. Through its subsidiary companies, Manulife Malaysia offers an innovative range of financial protection, health and wealth management products and services to meet different customer needs. Manulife Malaysia currently serves the needs of over 270,000 policyholders and wealth management customers. Manulife Holdings Berhad has been listed on the Main Board of Bursa Malaysia since 1984. As at 31 December 2019, its assets under management were over RM11 billion. To learn more about Manulife Malaysia, visit: www.manulife.com.my.

About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of December 31, 2019, we had $1.2 trillion (US$0.9 trillion) in assets under management and administration, and in the previous 12 months we made $29.7 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

SOURCE:  Manulife Insurance Berhad

Renamed: Willis Lease announces US$366.2 million fixed rate notes offering

KUALA LUMPUR, Feb 14 -- Willis Engine Securitisation Trust II, a wholly-owned subsidiary of Willis Lease Finance Corporation (Willis) will be renamed Willis Engine Structured Trust V (WEST).

According to a statement, this is on, or prior to, the issuance date of the Notes – proposes to offer US$366.2 million in aggregate principal amount of fixed-rate notes (the Notes). (US$1 = RM4.14)

It is expected that the Notes will be issued in three series in an aggregate principal amount of approximately US$303 million for Series A Notes; US$42.1 million (Series B Notes); and  US$21.1 million (Series C Notes).

The Notes will be secured by, among other things, WEST’s direct and indirect interests in a portfolio of 54 aircraft engines and three airframes, including 25 aircraft engines and three airframes which WEST will acquire from Willis pursuant to an asset purchase agreement.

The net proceeds of the Notes will be primarily applied to repay in full the aggregate principal amount of outstanding Class 2012-A Fixed Rate Term Notes issued by WEST and pay any accrued and unpaid interest thereon.

In addition, it will be used to pay fees and expenses related to the issuance of the Notes, and pay Willis periodically over a 270-day delivery period as consideration for the aircraft engines and the airframes acquired by WEST from Willis in connection with the financing.

The net proceeds will also be applied to make a distribution to Willis with some or all of the excess proceeds, to the extent any excess proceeds remain after giving effect to the foregoing. Willis will apply any net proceeds it receives for general corporate purposes.

-- BERNAMA

Oerlikon Metco among best places to work in Singapore

KUALA LUMPUR, Feb 12 -- Oerlikon Metco’s Singapore office, a global leading surface and materials solutions provider has been recognised as one of the best places to work in Singapore for 2019, according to the annual workplace research programme.

“We are incredibly proud to be recognised as a great place to work. This recognition is particularly meaningful because it is testament to our continual efforts in creating an inclusive environment that fosters respect for each person’s unique talents, ideas and contributions,” said Regional Head of Sales APAC for Oerlikon Metco Singapore, Rakesh Pawar.

Best Places to Work program is an international programme providing employers in different countries the opportunity to learn more about the engagement and satisfaction of their employees and honour those who deliver an outstanding work experience.

Companies making the list are recognised for their organisation’s culture, leadership and management, well-being, compensation and benefits along with exceptional human resources programmes and forward-thinking workplace policies.

Oerlikon Metco Singapore has introduced new and innovative tools to help employees grow their career, grow the company and feel empowered to contribute their very best every day, aiming to remove workplace barriers and cultivate diversity and inclusion culture.

“This recognition reflects the engagement and the leadership of the team members who drive the commitment to being one of the best places to work in Singapore,” said Program Manager for Singapore, Grace Kelly.

More details https://www.bestplacestoworkfor.org.

-- BERNAMA

AeroVironment seals US$8.5 million contract for US Central Command Ally

KUALA LUMPUR, Feb 11 -- AeroVironment Inc, a global leader in unmanned aircraft systems (UAS) has received a US$8,584,734 firm-fixed-price United States (US) Department of Defense Foreign Military Sales contract. (US$1 = RM4.13)

Announced at the Singapore Airshow, the contract was awarded on Dec 17, 2019 to provide Puma™ 3 All Environment (AE) UAS, training and support to an allied nation. Delivery is anticipated by June.

According to AeroVironment vice-president (sales and business development), Rick Pedigo, customers in the US and worldwide deploy AeroVironment’s rugged family of tactical UAS including Puma, to provide forces the actionable intelligence needed to proceed with certainty in a broad range of operating environments.

The AeroVironment Puma 3 AE is a fully man-portable UAS designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 metres) and weighs 15 pounds (6.8 kilograms), according to a statement.

Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

More details at www.avinc.com.

-- BERNAMA

MOENGAGE RAISES $25 MILLION SERIES C INVESTMENT ROUND, LED BY EIGHT ROADS VENTURES

^{MoEngage Team (Photo: Business Wire)}


With participation from F-Prime Capital, Matrix Partners India and Ventureast

JAKARTA, Indonesia, Feb 12 (Bernama-BUSINESS WIRE) -- Having recently achieved Amazon Web Services (AWS) Retail Competency, MoEngage, an intelligent customer analytics and cross-channel engagement platform, has raised $25 Million in Series C funding. Eight Roads Ventures led the round with participation from its US-based sister fund, F-Prime Capital, along with Matrix Partners India and Ventureast. The new round of funding will be used to deepen relationships in Asia, integrate advanced capabilities into the product mix and scale operations in the USA and Europe, MoEngage’s two fastest-growing markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200211005891/en/

“The latest round of funding will help us reach more brands and empower them with the next-generation customer engagement platform built for the mobile-first world that is easier to use, fully integrated and intelligent,” said Raviteja Dodda, Founder & CEO, MoEngage Inc. “We also welcome the wealth of experience and expertise that Eight Roads Ventures and F-Prime Capital brings into the boardroom with this investment.”

MoEngage centralizes consumer behavioral analytics, insights and marketing automation into one dashboard where brands can engage with their customers across channels and personalize touchpoints.

“The rapid rise of mobile has increased the complexity of how digital-first and consumer-focused enterprises interact with customers. Marketers now need to seamlessly engage with customers in a personalized and real-time manner across different channels,” said Shweta Bhatia, Partner at Eight Roads Ventures. “What differentiates MoEngage from other engagement platforms is the combination of their ever-evolving AI-enabled customer journey capabilities, industry-best channel reachability and top-notch customer support. We are thrilled to partner with Raviteja and his team as they look to expand globally.”

“MoEngage has gained the trust of marquee enterprise customers globally and further strengthened their position as market leaders in the mobile-first customer engagement and analytics space. We’re privileged to have been early partners with Raviteja and the team and to have had a ringside view of their growth journey. We welcome Eight Roads and F-Prime to the partnership,” said Tarun Davda, Managing Director, Matrix India.

MoEngage's AI and automation platform map customer journeys and develops hyper-personalized offers, updates, recommendations and other communications across mobile, web, email and SMS - thus delivering an omnichannel experience. Hundreds of global brands across 35 countries use MoEngage to connect with 400+ million monthly active users, processing over 65+ billion interactions and 40+ billion messages every month.

MoEngage was featured in the Gartner Magic Quadrant for Mobile Marketing Platform twice in a row and has received Highest Overall Customer Ratings (4.6/5) in 2019 Gartner Peer Insights ‘Voice of the Customer’ Report. The company counts several unicorns and enterprise brands as its customers, including the likes of Deutsche Telekom, CIMB Bank, Travelodge, Samsung, McAfee, Vodafone, Future Retail, Landmark Group, Mashreq Bank along with internet-first brands such as Ola, OYO, Bigbasket, and Tokopedia. Today, enterprise clients contribute nearly 50% of MoEngage’s total revenue.

"At Kredivo, our mission is to improve access to credit to underbanked millennials by providing fast, affordable and accessible credit directly on their mobile phone. MoEngage has been a valued partner in helping us analyze our customer behavior and improve retention and engagement through personalized experiences across various channels."

- Akshay Garg, CEO, FinAccel (powers Kredivo, Indonesia's leading instant credit platform)

About MoEngage

MoEngage is an intelligent customer engagement platform, built for the mobile-first world. With AI-powered automation, optimization capabilities, and in-built analytics, MoEngage enables hyper-personalization at scale across multiple channels like mobile push, email, in-app, web push, On-site messages, and SMS. Fortune 500 brands across 35+ countries such as Deutsche Telekom, Samsung, Vodafone and McAfee along with internet-first brands such as Ola, OYO, Bigbasket, and Tokopedia use MoEngage to orchestrate their cross-channel campaigns. To learn more about omnichannel user engagement with MoEngage, visit our website www.moengage.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20200211005891/en/

Contact

MoEngage | Suraj Dubey | +91 9036324705 | suraj@moengage.com

Source : MoEngage