KUALA LUMPUR, Oct 24 -- The 2nd ‘Wind Power’ Half Marathon at Dafeng District in Yancheng City, China recently concluded with the participation of over 6,000 runners from the national new energy industry and other fields.
The competition on Oct 20, comprised three groups, namely half-marathons, health-running and mini-running. It was the first marathon event in the wind power industry, creating a series of industry brand events, according to the Information Office of Dafeng District.
Taking the success of the Migratory Bird Sanctuaries along the Coast of Yellow Sea-Bohai Gulf of China (Phase I) as World Heritage, the event was themed ‘Green Dafeng, Innovative Goldwind’.
It passed green, healthy and environmentally-friendly ideas and launched ‘Zero-waste’ to create a truly green sports event.
As a ‘Green Card’ in the new energy and sports industry, the event undoubtedly, pressed the ‘speed button’ for Dafeng's industrial transformation and green development.
Dafeng has strong development of new energy and equipment manufacturing industry which relies on its unique advantages in marine resources and wind power, as well as national tourism demonstration zone and first batch of ecological demonstration zones.
The new energy industry continues to join and has injected power into the economic transformation of Dafeng. More and more tourism landscapes are enriching the ecological garden of Dafeng.
-- BERNAMA
Thursday, 31 October 2019
Wednesday, 30 October 2019
TELEDYNE PHOTOMETRICS ANNOUNCES NEW SCMOS CAMERA FOR SCIENTIFIC IMAGING - 400 FPS AND 10 MP RESOLUTION
New Kinetix sCMOS platform delivers an unmatched combination of speed, sensitivity, and field of view for scientific imaging
TUCSON, Ariz., Oct 23 (Bernama-GLOBE NEWSWIRE) -- Teledyne Photometrics, a Teledyne Technologies [NSYE:TDY] company and global leader in scientific imaging, announces the release of its Kinetix sCMOS camera which delivers an unmatched combination of speed, sensitivity, field of view, and resolution.
The Kinetix is an all-new camera platform that builds on the success of the industry-defining Prime 95B and Prime BSI back-illuminated sCMOS cameras and redefines expectations of sCMOS camera speeds.
Designed for the most demanding and highest-speed scientific imaging techniques, the Kinetix ensures that extremely dynamic events are captured by acquiring over 400 frames per second. The near perfect 95% quantum efficiency coupled with Correlated Multi-Sampling (CMS) maximizes the amount of light captured, even at the dimmest levels, and the 10-megapixel sensor provides high-resolution imaging over a huge imaging area by leveraging 6.5 µm pixels that span an almost 30 millimeter field of view.
Key features:
· >400 frames per second, full-frame
· 10 megapixel resolution, 29 mm field of view
· 3200 x 3200 pixels, 6.5 x 6.5 µm pixel area
· >95% peak QE, Correlated Multi-Sampling (CMS)
“The Kinetix redefines expectations for scientific cameras. While the super-low noise and back-illumination help when there isn’t much light, the unmatched speed of the camera truly opens up possibilities for new discoveries,” said Rachit Mohindra, Senior Product Manager at Teledyne Photometrics. “Scientists have continuously requested faster pixel readout rates for cameras, and the Kinetix definitely delivers speed.”
For more information about the Kinetix sCMOS camera, please visit the Teledyne Photometrics website.
About Photometrics
Founded as Photometrics in 1978, Teledyne Photometrics is part of the Teledyne Imaging Group. Teledyne Photometrics is the world’s premier designer and manufacturer of high-performance CMOS, EMCCD and CCD cameras for life science research. The original architect of the world’s first scientific-grade microscopy EMCCD camera, Teledyne Photometrics maintains its leadership role with the release of Prime, the first sCMOS camera with built-in computational intelligence for image restoration, and Prime 95B, the first sCMOS camera with 95% quantum efficiency. Teledyne Photometrics also offers comprehensive OEM support, including fully characterized, cost-efficient imaging systems and components. Teledyne Photometrics is headquartered in Tucson, Arizona.
Teledyne Imaging is a group of leading-edge companies aligned under the Teledyne umbrella. Teledyne Imaging forms an unrivalled collective of expertise across the spectrum with decades of experience. Individually, each company offers best-in-class solutions. Together, they combine and leverage each other’s strengths to provide the deepest, widest imaging and related technology portfolio in the world. From aerospace through industrial inspection, radiography and radiotherapy, geospatial surveying, and advanced MEMS and semiconductor solutions, Teledyne Imaging offers world-wide customer support and the technical expertise to handle the toughest tasks. Their tools, technologies, and vision solutions are built to deliver to their customers a unique and competitive advantage.
© Copyright 2019, Photometrics. All rights reserved. Teledyne Photometrics and the Teledyne Photometrics logo are registered trademarks. Photometrics Prime BSI and Photometrics Prime 95B are trademarks of Teledyne Photometrics. All other product and service names mentioned herein are the trademarks of their respective owners.
Contact:
Dan Croucher
Applications and Marketing Communications Manager
Teledyne Photometrics
daniel.croucher@teledyne.com
+44 7887 456543 main
Rachit Mohindra
Senior Product Manager
Teledyne Photometrics
rachit.mohindra@teledyne.com
+1.520.547.2576 office
+1.520.448.1293 main
Source: Teledyne Photometrics
--BERNAMA
TUCSON, Ariz., Oct 23 (Bernama-GLOBE NEWSWIRE) -- Teledyne Photometrics, a Teledyne Technologies [NSYE:TDY] company and global leader in scientific imaging, announces the release of its Kinetix sCMOS camera which delivers an unmatched combination of speed, sensitivity, field of view, and resolution.
The Kinetix is an all-new camera platform that builds on the success of the industry-defining Prime 95B and Prime BSI back-illuminated sCMOS cameras and redefines expectations of sCMOS camera speeds.
Designed for the most demanding and highest-speed scientific imaging techniques, the Kinetix ensures that extremely dynamic events are captured by acquiring over 400 frames per second. The near perfect 95% quantum efficiency coupled with Correlated Multi-Sampling (CMS) maximizes the amount of light captured, even at the dimmest levels, and the 10-megapixel sensor provides high-resolution imaging over a huge imaging area by leveraging 6.5 µm pixels that span an almost 30 millimeter field of view.
Key features:
· >400 frames per second, full-frame
· 10 megapixel resolution, 29 mm field of view
· 3200 x 3200 pixels, 6.5 x 6.5 µm pixel area
· >95% peak QE, Correlated Multi-Sampling (CMS)
“The Kinetix redefines expectations for scientific cameras. While the super-low noise and back-illumination help when there isn’t much light, the unmatched speed of the camera truly opens up possibilities for new discoveries,” said Rachit Mohindra, Senior Product Manager at Teledyne Photometrics. “Scientists have continuously requested faster pixel readout rates for cameras, and the Kinetix definitely delivers speed.”
For more information about the Kinetix sCMOS camera, please visit the Teledyne Photometrics website.
About Photometrics
Founded as Photometrics in 1978, Teledyne Photometrics is part of the Teledyne Imaging Group. Teledyne Photometrics is the world’s premier designer and manufacturer of high-performance CMOS, EMCCD and CCD cameras for life science research. The original architect of the world’s first scientific-grade microscopy EMCCD camera, Teledyne Photometrics maintains its leadership role with the release of Prime, the first sCMOS camera with built-in computational intelligence for image restoration, and Prime 95B, the first sCMOS camera with 95% quantum efficiency. Teledyne Photometrics also offers comprehensive OEM support, including fully characterized, cost-efficient imaging systems and components. Teledyne Photometrics is headquartered in Tucson, Arizona.
Teledyne Imaging is a group of leading-edge companies aligned under the Teledyne umbrella. Teledyne Imaging forms an unrivalled collective of expertise across the spectrum with decades of experience. Individually, each company offers best-in-class solutions. Together, they combine and leverage each other’s strengths to provide the deepest, widest imaging and related technology portfolio in the world. From aerospace through industrial inspection, radiography and radiotherapy, geospatial surveying, and advanced MEMS and semiconductor solutions, Teledyne Imaging offers world-wide customer support and the technical expertise to handle the toughest tasks. Their tools, technologies, and vision solutions are built to deliver to their customers a unique and competitive advantage.
© Copyright 2019, Photometrics. All rights reserved. Teledyne Photometrics and the Teledyne Photometrics logo are registered trademarks. Photometrics Prime BSI and Photometrics Prime 95B are trademarks of Teledyne Photometrics. All other product and service names mentioned herein are the trademarks of their respective owners.
Contact:
Dan Croucher
Applications and Marketing Communications Manager
Teledyne Photometrics
daniel.croucher@teledyne.com
+44 7887 456543 main
Rachit Mohindra
Senior Product Manager
Teledyne Photometrics
rachit.mohindra@teledyne.com
+1.520.547.2576 office
+1.520.448.1293 main
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42f48489-f76d-4645-a1e5-0700f41231f1
Source: Teledyne Photometrics
--BERNAMA
Thursday, 24 October 2019
EFINIX® TO SHOWCASE TRION® MIPI SOLUTIONS AT MIPI DEVCON TAIPEI
Innovating to drive AI edge computing products and applications, Trion FPGAs include hardened MIPI CSI-2 interfaces
SANTA CLARA, Calif., Oct 16 (Bernama-GLOBE NEWSWIRE) -- Efinix®, an innovator in programmable product platforms and technologies, today announced the company’s demonstration at MIPI DevCon Taipei later this week (Friday, October 18th). With multiple hardened MIPI Camera Serial Interface 2 (CSI-2) transmitter and receiver controllers, D-PHY℠, and 13K to 120K logic elements, Efinix MIPI-enabled Trion FPGAs are flexible, programable platforms that can perform complex video processing for mobile, machine vision, robotics, automotive, and surveillance applications. Trion FPGAs are designed and developed to deliver for high volume production of cutting-edge products and applications in edge, compute, and acceleration. At its core is Efinix’s Quantum™ architecture, which delivers low power, small form factor and cost advantages. “Trion FPGAs are game changers and we look forward to demonstrating at MIPI DevCon Taipei,” said Efinix VP of Sales and Business Development, Itsu Wang. “We believe in the future of edge AI computing and our disruptive Quantum architecture is taking Trion FPGAs, now MIPI-enabled, to unprecedented levels of innovation.” Trion FPGAs with MIPI support a range of applications from simple bridging and to complete AI applications. They can synchronize and process images from multiple cameras or sensors, or can act as a pre-processing hub or hardware accelerator in a bigger system. “Efinix FPGAs have significant advantages on power, hard MIPI interface, and cost,” said Chao Yuan of Opnous, a smart sensing and AI technology company based in China. “We are leveraging Efinix for Visual SLAM (Simultaneous Localization and Mapping) in several of our products and anticipate the company’s Trion FPGAs with MIPI solutions in an array of future offerings.” The Trion T20 MIPI Development Kit with an example design using a Raspberry Pi board and camera is available now on the Efinix web site. https://www.efinixinc.com/t20mipi. About Efinix Efinix®, an innovator in programmable products, drives the future of edge AI computing with its Trion® FPGA platform. At the Trion FPGA’s core is Efinix’s disruptive Quantum™ FPGA technology which delivers a 4X Power-Performance-Area advantage over traditional FPGA technologies. Trion FPGAs, offering 4K to 200K logic elements, have a small form-factor, low-power, and are priced for high-volume production. Our Efinity® Integrated Development Environment provides a complete FPGA design suite from RTL to bitstream. With their Power-Performance-Area advantage, Trion FPGAs address applications such as custom logic, compute acceleration, machine learning and deep learning. Through Efinity, our customers can seamlessly migrate FPGA or full system into Quantum ASIC for ultra-high-volume production. For more information, visit http://www.efinixinc.com. Contact: Steve Stratz Relevanz Public Relations for Efinix 206.300.9134 steve@relevanzpr.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b284c8d5-d9ad-4f56-8d35-acf8ac8fb541 Source: Efinix, Inc. --BERNAMA |
Acquisition of Encore Event Technologies completed - PSAV
KUALA LUMPUR, Oct 16 -- PSAV, a global leader in event experiences has completed acquisition of Encore Event Technologies. Terms of the transaction were not disclosed.
PSAV and Encore, both global leaders in event experiences and production services, combined their deep expertise and shared commitment to be an invaluable global partner for the meeting industry.
“The Encore team is very much aligned to our purpose, mission and values, and I am confident our expanded team will exceed our own expectations when it comes to helping our customers achieve their meeting and event goals,” said PSAV chief executive officer, Mike McIlwain.
Encore has a long and distinguished history dedicated to helping create high-impact meetings and live events for the hospitality industry, operating as an in-house partner to some of the world’s leading resorts, hotels and creative production companies for clients worldwide.
PSAV has an equally impressive history that includes more than 80 years in event experiences. Its extensive footprint and menu of capabilities have effectively served customers globally.
More information at https://www.psav.com.
-- BERNAMA
PSAV and Encore, both global leaders in event experiences and production services, combined their deep expertise and shared commitment to be an invaluable global partner for the meeting industry.
“The Encore team is very much aligned to our purpose, mission and values, and I am confident our expanded team will exceed our own expectations when it comes to helping our customers achieve their meeting and event goals,” said PSAV chief executive officer, Mike McIlwain.
Encore has a long and distinguished history dedicated to helping create high-impact meetings and live events for the hospitality industry, operating as an in-house partner to some of the world’s leading resorts, hotels and creative production companies for clients worldwide.
PSAV has an equally impressive history that includes more than 80 years in event experiences. Its extensive footprint and menu of capabilities have effectively served customers globally.
More information at https://www.psav.com.
-- BERNAMA
'Shaanxi in the Eyes of the Overseas Media 2019' held in Xi´an, China
KUALA LUMPUR, Oct 23 -- The Information Office of Shaanxi Provincial People’s Government recently hosted the four-day ‘Shaanxi in the Eyes of the Overseas Media 2019’, beginning Oct 14 in Xi’an, China.
During the event, an interview group, comprising reporters from overseas media agencies, was able to observe examples of Shaanxi’s rapid development and change in industrial manufacturing and agriculture, as well as in environmental protection, culture and sports.
The group visited Xi'an, Baoji, Weinan and the Yangling Agricultural Hi-tech Industries Demonstration Zone, as well as some other places.
It also visited some enterprises and parks, including the Shaanxi Automobile Commercial Vehicle Group, the BYD Xi'an New Energy Industrial Base and the Yangling Professional Farmer Entrepreneurship and Innovation Park.
At the BYD Xi'an New Energy Industrial Base, reporters visited the new energy automobile production workshop, enjoying a test drive in BYD's new-generation new energy car, the Tang EV.
South Korea's Asia Economy reporter, Park Sun Mi said: “These enterprises have developed very well, and impressed me. I went on a test drive in a BYD new energy car. It is dynamic and really powerful, as well as environment-friendly.”
In the Yangling Professional Farmer Entrepreneurship and Innovation Park, the reporters observed examples of modern agricultural development in China when they had a chance to taste some greenhouse-cultivated fruits and vegetables.
-- BERNAMA
During the event, an interview group, comprising reporters from overseas media agencies, was able to observe examples of Shaanxi’s rapid development and change in industrial manufacturing and agriculture, as well as in environmental protection, culture and sports.
The group visited Xi'an, Baoji, Weinan and the Yangling Agricultural Hi-tech Industries Demonstration Zone, as well as some other places.
It also visited some enterprises and parks, including the Shaanxi Automobile Commercial Vehicle Group, the BYD Xi'an New Energy Industrial Base and the Yangling Professional Farmer Entrepreneurship and Innovation Park.
At the BYD Xi'an New Energy Industrial Base, reporters visited the new energy automobile production workshop, enjoying a test drive in BYD's new-generation new energy car, the Tang EV.
South Korea's Asia Economy reporter, Park Sun Mi said: “These enterprises have developed very well, and impressed me. I went on a test drive in a BYD new energy car. It is dynamic and really powerful, as well as environment-friendly.”
In the Yangling Professional Farmer Entrepreneurship and Innovation Park, the reporters observed examples of modern agricultural development in China when they had a chance to taste some greenhouse-cultivated fruits and vegetables.
-- BERNAMA
S BLOCK co-hosts WBF Technology Conference, launches super blockchain ecosystem
KUALA LUMPUR, Oct 16 -- Switzerland-based value added digital assets wallet, S BLOCK recently co-organised the ‘WBF 2019 New York Technology Conference’ in New York.
As operators, developers and traders gathered together, S BLOCK was officially on its way to build the world’s largest Decentralized Autonomous Organization (DAO).
DAO aims to attract global communities to participate in the development of S BLOCK through incorporating quality tokens such as DASH, HT and OKB. S BLOCK is able to build a new consensus worldwide.
WBFex’s Million Community will also be joining forces with S BLOCK’s Million Community to share and leverage on existing resources.
Their partnership will eventually create SBO ‘Thousands of Consensus’ and DAO super ecosystem by attracting more users.
All projects on the WBF exchange will have the opportunity to join the DAO programme which applies to the 110 current projects on WBFex and the other 260 projects will be added by year-end.
More details at https://www.sblock.com/
-- BERNAMA
Friday, 18 October 2019
Nelipak appoints new CEO, Roger Prevot
KUALA LUMPUR, Oct 14 -- Nelipak® Corporation Inc (Nelipak) has named Roger Prevot as its chief executive officer (CEO), replacing Michael Kelly who has retired.
Nelipak is a global leader in rigid and flexible packaging for the medical device and pharmaceutical sectors.
The newly-appointed Prevot brings an extensive track record of senior leadership experience in the packaging industry.
“I look forward to leading Nelipak into the next phase of its development as the legacy Nelipak business is integrated with the former European Healthcare Packaging business of Bemis Corporation,” said Prevot.
Previously, Prevot’s role included Graham Packaging president and chief operating officer; Packaging Dynamics Corporation CEO; Spectrum Plastics Group board chairman; and Cadence Inc board chairman.
More details at www.nelipak.com
-- BERNAMA
Nelipak is a global leader in rigid and flexible packaging for the medical device and pharmaceutical sectors.
The newly-appointed Prevot brings an extensive track record of senior leadership experience in the packaging industry.
“I look forward to leading Nelipak into the next phase of its development as the legacy Nelipak business is integrated with the former European Healthcare Packaging business of Bemis Corporation,” said Prevot.
Previously, Prevot’s role included Graham Packaging president and chief operating officer; Packaging Dynamics Corporation CEO; Spectrum Plastics Group board chairman; and Cadence Inc board chairman.
More details at www.nelipak.com
-- BERNAMA
Wings closes issuance of fixed rate secured notes
KUALA LUMPUR, Oct 11 -- Wings Capital Partners LLC (Wings), a private, full-service aircraft leasing platform has closed an issuance of US$678,075,000 of fixed rate secured notes (the ‘Notes’) by WAVE 2019-1 LLC and WAVE 2019-1 Limited (WAVE). (US$1 = RM4.18).
It comprises US$555,531,000 of 3.597 per cent (Series A Notes); US$81,696,000 of 4.581 per cent (Series B Notes); and US$40,848,000 of 6.413 per cent (Series C Notes).
Proceeds from the issuance of the Notes will be used by WAVE to acquire a portfolio of 23 Airbus and Boeing jet aircraft consisting of 100 per cent in-production narrowbody jet aircraft on lease to a diversified pool of 17 customers in 13 countries.
The Series A Notes, Series B Notes and Series C Notes were rated A, BBB and BB, respectively by Standard & Poor’s and Kroll Bond Rating Agency.
Wings and its Irish affiliate, Wings Capital Partners Aviation Ireland Limited will act as servicers with respect to the aircraft. In connection with this issuance, Wings utilised a standby letter of credit to access a large portion of the proceeds.
Goldman Sachs & Co. LLC acted as the Global Coordinator, Lead Bookrunner and Lead Structuring Agent, Deutsche Bank Securities acted as Joint Lead Bookrunner, while Credit Agricole Securities acted as Joint Structuring Agent and Joint Lead Bookrunner.
-- BERNAMA
It comprises US$555,531,000 of 3.597 per cent (Series A Notes); US$81,696,000 of 4.581 per cent (Series B Notes); and US$40,848,000 of 6.413 per cent (Series C Notes).
Proceeds from the issuance of the Notes will be used by WAVE to acquire a portfolio of 23 Airbus and Boeing jet aircraft consisting of 100 per cent in-production narrowbody jet aircraft on lease to a diversified pool of 17 customers in 13 countries.
The Series A Notes, Series B Notes and Series C Notes were rated A, BBB and BB, respectively by Standard & Poor’s and Kroll Bond Rating Agency.
Wings and its Irish affiliate, Wings Capital Partners Aviation Ireland Limited will act as servicers with respect to the aircraft. In connection with this issuance, Wings utilised a standby letter of credit to access a large portion of the proceeds.
Goldman Sachs & Co. LLC acted as the Global Coordinator, Lead Bookrunner and Lead Structuring Agent, Deutsche Bank Securities acted as Joint Lead Bookrunner, while Credit Agricole Securities acted as Joint Structuring Agent and Joint Lead Bookrunner.
-- BERNAMA
Kyriba honoured as best-in-class treasury management vendor
KUALA LUMPUR, Oct 11 -- Kyriba has been recognised as the best-in-class vendor by Aite Group, in a report titled ‘Aite Matrix Evaluation: Corporate Treasury Management Systems’ Readiness’.
The global research and advisory firm, Aite Group determined Kyriba significantly outperformed its competitors in a number of important criteria.
Kyriba scored 96 per cent in vendor stability based on its long-lasting relationships, global presence and experienced leadership team and robust workforce.
For client strength and service, Kyriba received 100 per cent and 95 per cent scores, respectively, affirming its positive reputation across multiple geographies and various industry segments.
Kyriba was also cited for its readiness to deliver on the needs for the corporate treasurer, including artificial intelligence, APIs and integrated supply chain finance.
This ranking also evaluated fundamental treasury management features of cash and liquidity management, cash forecasting, risk management, payments, investments, funds trading, and debt and equity deal management.
The report uses Aite Group’s Aite Matrix, a proprietary vendor assessment framework to evaluate competitive positions across vendors. It helps corporate executives make more informed decisions as they evaluate new technology partners.
-- BERNAMA
The global research and advisory firm, Aite Group determined Kyriba significantly outperformed its competitors in a number of important criteria.
Kyriba scored 96 per cent in vendor stability based on its long-lasting relationships, global presence and experienced leadership team and robust workforce.
For client strength and service, Kyriba received 100 per cent and 95 per cent scores, respectively, affirming its positive reputation across multiple geographies and various industry segments.
Kyriba was also cited for its readiness to deliver on the needs for the corporate treasurer, including artificial intelligence, APIs and integrated supply chain finance.
This ranking also evaluated fundamental treasury management features of cash and liquidity management, cash forecasting, risk management, payments, investments, funds trading, and debt and equity deal management.
The report uses Aite Group’s Aite Matrix, a proprietary vendor assessment framework to evaluate competitive positions across vendors. It helps corporate executives make more informed decisions as they evaluate new technology partners.
-- BERNAMA
SMART LIFE IS A COMMON EXPERIENCE IN TIANJIN BINHAI NEW AREA
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Citizens are visiting the Chinese-Singapore friendship library.
TIANJIN, China, Oct. 18, 2019 /Xinhua-AsiaNet/--
In Tianjin Binhai New Area, artificial intelligence is entering everyone's life.
In Sino-Singapore Tianjin Eco-city, if one wants to take bus for work, perhaps one can encounter a free smart bus in the shape of a lovely panda, which can sense and identify its surroundings including vehicles, vulnerable groups on the road and traffic lights, while controlling the vehicle to achieve automatic acceleration, deceleration, steering, emergency braking, lane change and other functions.
On one's way driving home, there are intelligent traffic lights at the eight key intersections near the Rainbow Bridge, which can be adjusted and dispatched according to the real-time traffic conditions by sensing the traffic flow and queuing length thanks to the application of big data, Internet of Things, edge calculation and other technologies. These traffic lights are as if monitoring traffic conditions to make corresponding adjustments.
In the evening, one can visit the China-Singapore Friendship Library, where all kinds of self-service devices can be found. The library enables navigation services to help borrow books, and book-returning via facial recognition, and has a free-walking intelligent robot "Little Library" to serve readers.
State Grid Corporation of China's Tianjin Binhai New Area branch has deployed an intelligent early warning system for distribution station in some pilot areas within the eco-city, which achieves accurate on-line early warning and monitoring of potential partial discharge hazards, and let eco-city users enjoy the "zero power outage" service thanks to innovative applications of the electromagnetic wave spatial positioning technology.
It is a new exploration for Binhai New Area to integrate cutting-edge technologies into life to better serve the people and let everyone feel the power of science and technology.
SOURCE: Media Convergence Center with Tianjin Binhai New Area
Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=347732
Thursday, 17 October 2019
Toshiba Commerce selects Cybera as preferred APAC SD-WAN partner
KUALA LUMPUR, Oct 16 -- Cybera has announced a new partnership with Toshiba Commerce to extend the capabilities of the Toshiba TCx™ Elevate digital commerce platform to the cloud.
The agreement promotes Cybera as the preferred Toshiba SD-WAN partner for Asia Pacific.
This partnership addresses future growth in the retail cloud market, where Toshiba will utilise the CyberaONE™ Solution, the Cybera® cloud-based managed application network and security services platform, to deliver TCx™ Elevate securely and virtually from the cloud.
The CyberaONE Solution delivers everything Toshiba will need to securely connect to the cloud, including embedded security, dynamic routing for business-critical applications and integrated wireless failover capabilities.
As the retail industry undergoes tremendous change, the increased volume of data needed for crucial decision-making has prompted growing demand for cloud in the retail market.
According to Mordor Intelligence, the retail cloud market was valued at US$17.09 billion last year, and it is anticipated to register a CAGR of 17.7 per cent over the forecast period of 2019 to 2024. (US$1 = RM4.19)
-- BERNAMA
The agreement promotes Cybera as the preferred Toshiba SD-WAN partner for Asia Pacific.
This partnership addresses future growth in the retail cloud market, where Toshiba will utilise the CyberaONE™ Solution, the Cybera® cloud-based managed application network and security services platform, to deliver TCx™ Elevate securely and virtually from the cloud.
The CyberaONE Solution delivers everything Toshiba will need to securely connect to the cloud, including embedded security, dynamic routing for business-critical applications and integrated wireless failover capabilities.
As the retail industry undergoes tremendous change, the increased volume of data needed for crucial decision-making has prompted growing demand for cloud in the retail market.
According to Mordor Intelligence, the retail cloud market was valued at US$17.09 billion last year, and it is anticipated to register a CAGR of 17.7 per cent over the forecast period of 2019 to 2024. (US$1 = RM4.19)
-- BERNAMA
MANULIFE PINKTOBER-ED FOR A GOOD CAUSE!
KUALA LUMPUR, Oct 16 (Bernama) -- In conjunction with Breast Cancer Awareness Month, the Global Women’s Alliance (GWA) of Manulife Malaysia organised a Breast Cancer Awareness Day on 9 October 2019.
In the run up to the day, Manulife set up an online donation portal that raised RM10,662. To top it off, Manulife employees donated an additional RM1,385 on the day. All funds went to the Breast Cancer Welfare Association Malaysia (BCWA), a tax-exempted organisation providing peer support for women with breast cancer. Besides the fundraising, the company arranged free breast examination and talks about breast health.
“Breast Cancer Awareness Day was held to increase awareness on Breast Cancer as it is still the most common cancer among women, and to educate staff on breast health and early prevention. We are immensely proud of all our staff who contributed to the sum donated to BCWA.” said GWA chairman, Rosalynn Lai.
About Manulife Global Women’s Alliance (GWA)
Manulife’s GWA was established to support its female workforce to reach their full potential and aims at elevating the profile of women across the organisation, inspiring and enabling each one to reach their full potential by offering resources for success but also to provide a network in which women can mentor each other, share their experiences and help each other design fulfilling career paths. The Malaysian Chapter of GWA was established on 10 September 2015, and since then, Manulife has carried out many activities towards achieving its objectives.
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 260,000 policyholders and wealth management customers. Manulife Holdings Berhad has been listed on the Main Board of Bursa Malaysia since 1984. As at 30 June 2019, its assets under management were RM11 billion. Manulife Malaysia can be found on the Internet at 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. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2018, we had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of June 30, 2019, we had over $1.1 trillion (US$877 billion) in assets under management and administration, and in the previous 12 months we made $29.4 billion in payments to our customers. Our principal operations in Asia, Canada and the United States are where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
Source: Manulife Insurance Berhad
In the run up to the day, Manulife set up an online donation portal that raised RM10,662. To top it off, Manulife employees donated an additional RM1,385 on the day. All funds went to the Breast Cancer Welfare Association Malaysia (BCWA), a tax-exempted organisation providing peer support for women with breast cancer. Besides the fundraising, the company arranged free breast examination and talks about breast health.
“Breast Cancer Awareness Day was held to increase awareness on Breast Cancer as it is still the most common cancer among women, and to educate staff on breast health and early prevention. We are immensely proud of all our staff who contributed to the sum donated to BCWA.” said GWA chairman, Rosalynn Lai.
About Manulife Global Women’s Alliance (GWA)
Manulife’s GWA was established to support its female workforce to reach their full potential and aims at elevating the profile of women across the organisation, inspiring and enabling each one to reach their full potential by offering resources for success but also to provide a network in which women can mentor each other, share their experiences and help each other design fulfilling career paths. The Malaysian Chapter of GWA was established on 10 September 2015, and since then, Manulife has carried out many activities towards achieving its objectives.
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 260,000 policyholders and wealth management customers. Manulife Holdings Berhad has been listed on the Main Board of Bursa Malaysia since 1984. As at 30 June 2019, its assets under management were RM11 billion. Manulife Malaysia can be found on the Internet at 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. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2018, we had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of June 30, 2019, we had over $1.1 trillion (US$877 billion) in assets under management and administration, and in the previous 12 months we made $29.4 billion in payments to our customers. Our principal operations in Asia, Canada and the United States are where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
Source: Manulife Insurance Berhad
BRANDSAFWAY WINS ACCESS PROJECT OF THE YEAR
Recognition for Access Solution on $100 Million Space Needle Renovation
Kennesaw, Georgia, USA, Oct 17 (Bernama-GLOBE NEWSWIRE) -- BrandSafway was awarded the 2019 Access Project of the Year – Mast Climbing Work Platforms, Transport Platforms and Hoists at the Access, Lift & Handlers (ALH) Conference in San Diego, California, on September 12, 2019. The company won for its unique work platform and weather barrier solution for the recent $100 million renovation of Seattle’s iconic Space Needle. “The circular suspended access system, installed by BrandSafway for the renovation of Seattle’s Space Needle, was the highest, most weather protected suspended platform ever constructed,” one of the award judges commented. “It was a really cool project, taking a lot of engineering, a lot of thought, and expert management to make it happen.”
Dubbed the Century Project, the Space Needle renovation ensured that this icon will continue to define the Seattle skyline into the next century. Featured as the cover story on the August 2019 issue of Scaffold & Access magazine, the project included a 106-foot-diameter starter platform using the QuikDeck® Suspended Access System, which was then hoisted into place at 500 feet with 12 two-part Tractel hoists, each with an 8,800-pound capacity. Once secured, the platform was then built out to its full size of 135 feet in diameter at a weight of 174,000 pounds. BrandSafway then erected an all-season weather barrier, using Systems Scaffold and HAKI®, which could withstand a 115 mph wind load.
“The ALH award recognizes our engineering team’s ability to work hand-in-hand with our customers and third-party engineers to design solutions for the most extreme challenges – all while keeping safety first,” said Art Eunson, president of BrandSafway Services. “I’d also like to congratulate our on-site teams, led by project manager Sean Drew, branch manager John May and site foreman Jake Willis, for their flawless execution.”
“The bottom line for us [was] having a safe project,” said Bob Vincent, project manager, Hoffman Construction, the general contractor for the project. "BrandSafway had no injuries, no recordable incidents and no dropped objects. That's fabulous, and something BrandSafway and their crew should be very proud of."
Paul Jolicoeur, technical manager of product applications and the principal BrandSafway engineer for the project noted, “Our confidence level was much higher because we used Autodesk Navisworks®, a project review software for engineering and construction professionals. We imported Hoffman’s 3D model, confirmed support clamp locations, evaluated loads and checked for clashes. You name it, and we could model it and share data with the other engineering teams."
Key renovation elements included installing 176 tons of specialty glass and structural modifications so that the Space Needle could offer a seamless exterior line of sight, including a view of the ground 500-feet below.
“With glass walls, glass barriers, glass benches and even glass floors, visitors can feel like they’re floating over the city,” said Karen Olson, chief marketing officer, Space Needle LLC. “The Space Needle has always featured some of the best views of the Pacific Northwest. Now it offers some of the most thrilling.”
Organized by ALH magazine and its publisher KHL Group, the leading supplier of international construction information in the world, the ALH awards are designed to “celebrate the best of North America’s access and rental industry.”
About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 330 strategic locations across 30 countries and more than 35,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com.
PHOTOS AVAILABLE UPON REQUEST
###
Attachments
Kennesaw, Georgia, USA, Oct 17 (Bernama-GLOBE NEWSWIRE) -- BrandSafway was awarded the 2019 Access Project of the Year – Mast Climbing Work Platforms, Transport Platforms and Hoists at the Access, Lift & Handlers (ALH) Conference in San Diego, California, on September 12, 2019. The company won for its unique work platform and weather barrier solution for the recent $100 million renovation of Seattle’s iconic Space Needle. “The circular suspended access system, installed by BrandSafway for the renovation of Seattle’s Space Needle, was the highest, most weather protected suspended platform ever constructed,” one of the award judges commented. “It was a really cool project, taking a lot of engineering, a lot of thought, and expert management to make it happen.”
Dubbed the Century Project, the Space Needle renovation ensured that this icon will continue to define the Seattle skyline into the next century. Featured as the cover story on the August 2019 issue of Scaffold & Access magazine, the project included a 106-foot-diameter starter platform using the QuikDeck® Suspended Access System, which was then hoisted into place at 500 feet with 12 two-part Tractel hoists, each with an 8,800-pound capacity. Once secured, the platform was then built out to its full size of 135 feet in diameter at a weight of 174,000 pounds. BrandSafway then erected an all-season weather barrier, using Systems Scaffold and HAKI®, which could withstand a 115 mph wind load.
“The ALH award recognizes our engineering team’s ability to work hand-in-hand with our customers and third-party engineers to design solutions for the most extreme challenges – all while keeping safety first,” said Art Eunson, president of BrandSafway Services. “I’d also like to congratulate our on-site teams, led by project manager Sean Drew, branch manager John May and site foreman Jake Willis, for their flawless execution.”
“The bottom line for us [was] having a safe project,” said Bob Vincent, project manager, Hoffman Construction, the general contractor for the project. "BrandSafway had no injuries, no recordable incidents and no dropped objects. That's fabulous, and something BrandSafway and their crew should be very proud of."
Paul Jolicoeur, technical manager of product applications and the principal BrandSafway engineer for the project noted, “Our confidence level was much higher because we used Autodesk Navisworks®, a project review software for engineering and construction professionals. We imported Hoffman’s 3D model, confirmed support clamp locations, evaluated loads and checked for clashes. You name it, and we could model it and share data with the other engineering teams."
Key renovation elements included installing 176 tons of specialty glass and structural modifications so that the Space Needle could offer a seamless exterior line of sight, including a view of the ground 500-feet below.
“With glass walls, glass barriers, glass benches and even glass floors, visitors can feel like they’re floating over the city,” said Karen Olson, chief marketing officer, Space Needle LLC. “The Space Needle has always featured some of the best views of the Pacific Northwest. Now it offers some of the most thrilling.”
Organized by ALH magazine and its publisher KHL Group, the leading supplier of international construction information in the world, the ALH awards are designed to “celebrate the best of North America’s access and rental industry.”
About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 330 strategic locations across 30 countries and more than 35,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com.
PHOTOS AVAILABLE UPON REQUEST
###
Attachments
Karla Cuculi
BrandSafway
414-523-6580
KCuculi@BrandSafway.com
SOURCE : BrandSafway
BRANDSAFWAY WINS ACCESS PROJECT OF THE YEAR
Recognition for Access Solution on $100 Million Space Needle Renovation
Kennesaw, Georgia, USA, Oct 17 (Bernama-GLOBE NEWSWIRE) -- BrandSafway was awarded the 2019 Access Project of the Year – Mast Climbing Work Platforms, Transport Platforms and Hoists at the Access, Lift & Handlers (ALH) Conference in San Diego, California, on September 12, 2019. The company won for its unique work platform and weather barrier solution for the recent $100 million renovation of Seattle’s iconic Space Needle. “The circular suspended access system, installed by BrandSafway for the renovation of Seattle’s Space Needle, was the highest, most weather protected suspended platform ever constructed,” one of the award judges commented. “It was a really cool project, taking a lot of engineering, a lot of thought, and expert management to make it happen.”
Dubbed the Century Project, the Space Needle renovation ensured that this icon will continue to define the Seattle skyline into the next century. Featured as the cover story on the August 2019 issue of Scaffold & Access magazine, the project included a 106-foot-diameter starter platform using the QuikDeck® Suspended Access System, which was then hoisted into place at 500 feet with 12 two-part Tractel hoists, each with an 8,800-pound capacity. Once secured, the platform was then built out to its full size of 135 feet in diameter at a weight of 174,000 pounds. BrandSafway then erected an all-season weather barrier, using Systems Scaffold and HAKI®, which could withstand a 115 mph wind load.
“The ALH award recognizes our engineering team’s ability to work hand-in-hand with our customers and third-party engineers to design solutions for the most extreme challenges – all while keeping safety first,” said Art Eunson, president of BrandSafway Services. “I’d also like to congratulate our on-site teams, led by project manager Sean Drew, branch manager John May and site foreman Jake Willis, for their flawless execution.”
“The bottom line for us [was] having a safe project,” said Bob Vincent, project manager, Hoffman Construction, the general contractor for the project. "BrandSafway had no injuries, no recordable incidents and no dropped objects. That's fabulous, and something BrandSafway and their crew should be very proud of."
Paul Jolicoeur, technical manager of product applications and the principal BrandSafway engineer for the project noted, “Our confidence level was much higher because we used Autodesk Navisworks®, a project review software for engineering and construction professionals. We imported Hoffman’s 3D model, confirmed support clamp locations, evaluated loads and checked for clashes. You name it, and we could model it and share data with the other engineering teams."
Key renovation elements included installing 176 tons of specialty glass and structural modifications so that the Space Needle could offer a seamless exterior line of sight, including a view of the ground 500-feet below.
“With glass walls, glass barriers, glass benches and even glass floors, visitors can feel like they’re floating over the city,” said Karen Olson, chief marketing officer, Space Needle LLC. “The Space Needle has always featured some of the best views of the Pacific Northwest. Now it offers some of the most thrilling.”
Organized by ALH magazine and its publisher KHL Group, the leading supplier of international construction information in the world, the ALH awards are designed to “celebrate the best of North America’s access and rental industry.”
About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 330 strategic locations across 30 countries and more than 35,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com.
PHOTOS AVAILABLE UPON REQUEST
###
Attachments
Kennesaw, Georgia, USA, Oct 17 (Bernama-GLOBE NEWSWIRE) -- BrandSafway was awarded the 2019 Access Project of the Year – Mast Climbing Work Platforms, Transport Platforms and Hoists at the Access, Lift & Handlers (ALH) Conference in San Diego, California, on September 12, 2019. The company won for its unique work platform and weather barrier solution for the recent $100 million renovation of Seattle’s iconic Space Needle. “The circular suspended access system, installed by BrandSafway for the renovation of Seattle’s Space Needle, was the highest, most weather protected suspended platform ever constructed,” one of the award judges commented. “It was a really cool project, taking a lot of engineering, a lot of thought, and expert management to make it happen.”
Dubbed the Century Project, the Space Needle renovation ensured that this icon will continue to define the Seattle skyline into the next century. Featured as the cover story on the August 2019 issue of Scaffold & Access magazine, the project included a 106-foot-diameter starter platform using the QuikDeck® Suspended Access System, which was then hoisted into place at 500 feet with 12 two-part Tractel hoists, each with an 8,800-pound capacity. Once secured, the platform was then built out to its full size of 135 feet in diameter at a weight of 174,000 pounds. BrandSafway then erected an all-season weather barrier, using Systems Scaffold and HAKI®, which could withstand a 115 mph wind load.
“The ALH award recognizes our engineering team’s ability to work hand-in-hand with our customers and third-party engineers to design solutions for the most extreme challenges – all while keeping safety first,” said Art Eunson, president of BrandSafway Services. “I’d also like to congratulate our on-site teams, led by project manager Sean Drew, branch manager John May and site foreman Jake Willis, for their flawless execution.”
“The bottom line for us [was] having a safe project,” said Bob Vincent, project manager, Hoffman Construction, the general contractor for the project. "BrandSafway had no injuries, no recordable incidents and no dropped objects. That's fabulous, and something BrandSafway and their crew should be very proud of."
Paul Jolicoeur, technical manager of product applications and the principal BrandSafway engineer for the project noted, “Our confidence level was much higher because we used Autodesk Navisworks®, a project review software for engineering and construction professionals. We imported Hoffman’s 3D model, confirmed support clamp locations, evaluated loads and checked for clashes. You name it, and we could model it and share data with the other engineering teams."
Key renovation elements included installing 176 tons of specialty glass and structural modifications so that the Space Needle could offer a seamless exterior line of sight, including a view of the ground 500-feet below.
“With glass walls, glass barriers, glass benches and even glass floors, visitors can feel like they’re floating over the city,” said Karen Olson, chief marketing officer, Space Needle LLC. “The Space Needle has always featured some of the best views of the Pacific Northwest. Now it offers some of the most thrilling.”
Organized by ALH magazine and its publisher KHL Group, the leading supplier of international construction information in the world, the ALH awards are designed to “celebrate the best of North America’s access and rental industry.”
About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 330 strategic locations across 30 countries and more than 35,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com.
PHOTOS AVAILABLE UPON REQUEST
###
Attachments
Karla Cuculi
BrandSafway
414-523-6580
KCuculi@BrandSafway.com
SOURCE : BrandSafway
Tuesday, 15 October 2019
AM BEST REVISES OUTLOOKS TO STABLE FOR CAPITAL LIFE INSURANCE COMPANY LIMITED
SINGAPORE, Oct 14 (Bernama-BUSINESS WIRE) -- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of C- (Weak) and the Long-Term Issuer Credit Rating of “cc” of Capital Life Insurance Company Limited (CLI) (Papua New Guinea).
The ratings reflect CLI’s balance sheet strength, which AM Best categorizes as weak, as well as its adequate operating performance, limited business profile and weak enterprise risk management. The ratings factor in a neutral impact from the company’s 100% ownership by Capital Insurance Group Limited.
The revision of the outlooks to stable from negative reflects AM Best’s expectation that the company’s balance sheet strength fundamentals will demonstrate an improving trend over the medium term.
Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained at a very weak level at year-end 2018. This follows an internal control failure that resulted in notable reserve strengthening of the company’s medical portfolio, which led to a significant decline in shareholders’ equity at year-end 2017. The company’s management team has since implemented a number of remedial actions, including large premium rate adjustments and strengthening of policy conditions. AM Best expects these steps to generate additional retained earnings over the medium term, which will bolster prospective risk-adjusted capitalization.
A notable improvement in underwriting performance was seen in 2018, albeit still loss-making. Overall, the company reported an operating loss of PGK 2.2 million (USD 0.7 million) in 2018, as compared with PGK 7.0 million in 2017. AM Best expects CLI to report positive underwriting and operating earnings over the medium term, driven by an anticipated improvement in the performance of its core medical portfolio.
AM Best continues to view CLI’s business profile as limited given the company’s small scale of operations and niche portfolio of business. The company also is viewed to have a moderate level of product concentration and a high level of geographical concentration, with its entire premium base emanating from Papua New Guinea.
AM Best views CLI’s risk management as underdeveloped, with recent internal control failures and deficiencies having caused material volatility in the company’s earnings and capital adequacy. Despite significant management attention on improving the company’s risk management framework and governance, AM Best expects this will take some time to become effective.
http://mrem.bernama.com/viewsm.php?idm=35793
The ratings reflect CLI’s balance sheet strength, which AM Best categorizes as weak, as well as its adequate operating performance, limited business profile and weak enterprise risk management. The ratings factor in a neutral impact from the company’s 100% ownership by Capital Insurance Group Limited.
The revision of the outlooks to stable from negative reflects AM Best’s expectation that the company’s balance sheet strength fundamentals will demonstrate an improving trend over the medium term.
Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained at a very weak level at year-end 2018. This follows an internal control failure that resulted in notable reserve strengthening of the company’s medical portfolio, which led to a significant decline in shareholders’ equity at year-end 2017. The company’s management team has since implemented a number of remedial actions, including large premium rate adjustments and strengthening of policy conditions. AM Best expects these steps to generate additional retained earnings over the medium term, which will bolster prospective risk-adjusted capitalization.
A notable improvement in underwriting performance was seen in 2018, albeit still loss-making. Overall, the company reported an operating loss of PGK 2.2 million (USD 0.7 million) in 2018, as compared with PGK 7.0 million in 2017. AM Best expects CLI to report positive underwriting and operating earnings over the medium term, driven by an anticipated improvement in the performance of its core medical portfolio.
AM Best continues to view CLI’s business profile as limited given the company’s small scale of operations and niche portfolio of business. The company also is viewed to have a moderate level of product concentration and a high level of geographical concentration, with its entire premium base emanating from Papua New Guinea.
AM Best views CLI’s risk management as underdeveloped, with recent internal control failures and deficiencies having caused material volatility in the company’s earnings and capital adequacy. Despite significant management attention on improving the company’s risk management framework and governance, AM Best expects this will take some time to become effective.
http://mrem.bernama.com/viewsm.php?idm=35793
Monday, 14 October 2019
Standard Chartered Bank adopts BearingPoint's tax reporting solution worldwide
KUALA LUMPUR, Oct 9 -- BearingPoint RegTech announced that Standard Chartered Bank has successfully deployed the tax reporting solution, FiTAX to fulfill its global reporting obligations.
From data acquisition to uploading directly an encrypted report file into the tax authorities’ portals, FiTAX covers over 130 jurisdictions.
These include Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA) and Qualified Intermediaries (QI) reporting.
Standard Chartered was looking for a software to keep pace with the continually changing reporting requirements; as well as a partner with the consulting capabilities to support the one-time implementation project and other ad-hoc consulting needs.
The project implementation started last year when CRS, FATCA and QI reporting logic, modules and templates for 63 countries were delivered to the bank.
BearingPoint expert team based in Singapore and Switzerland then supported Standard Chartered with all aspects of the implementation from architectural design decisions, via data mapping and set-up, to testing and ultimately go live.
This half-year, Standard Chartered used FiTAX (with the support of BearingPoint experts) to successfully prepare and submit the reports before the deadlines.
-- BERNAMA
From data acquisition to uploading directly an encrypted report file into the tax authorities’ portals, FiTAX covers over 130 jurisdictions.
These include Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA) and Qualified Intermediaries (QI) reporting.
Standard Chartered was looking for a software to keep pace with the continually changing reporting requirements; as well as a partner with the consulting capabilities to support the one-time implementation project and other ad-hoc consulting needs.
The project implementation started last year when CRS, FATCA and QI reporting logic, modules and templates for 63 countries were delivered to the bank.
BearingPoint expert team based in Singapore and Switzerland then supported Standard Chartered with all aspects of the implementation from architectural design decisions, via data mapping and set-up, to testing and ultimately go live.
This half-year, Standard Chartered used FiTAX (with the support of BearingPoint experts) to successfully prepare and submit the reports before the deadlines.
-- BERNAMA
Sunday, 13 October 2019
Seaborn, EdgeUno launch Latin American-managed cloud services
KUALA LUMPUR, Oct 8 -- An independent submarine fibre optic cable systems developer, Seaborn Networks (Seaborn) and EdgeUno have expanded partnership with the launch Latin American-managed cloud and data centre services.
The expanding partnership will result in new hosting options in the Americas.
In the last few months, both companies launched IP and SD-WAN networks in Brazil with unique virtualised cloud infrastructure technology deployment, providing both physical and virtual infrastructure as a service – not just in Brazil, but throughout the region.
Seaborn chief operating officer, Andy Bax said: “We live in a results-first world where a product list is no longer of interest to customers. They need customised solutions, and each customer’s needs in this space are very specific.
“Our partnership with EdgeUno integrates our capacity/IP solutions into the bare-metal and cloud computing markets with a level of coverage customers can’t find elsewhere.”
“Our goal has always been to offer users in Latin America, the most seamless internet experience possible, and now, thanks to Seaborn, we have more options than ever to help make that happen,” said EdgeUno chief executive officer, Mehmet Akcin.
-- BERNAMA
The expanding partnership will result in new hosting options in the Americas.
In the last few months, both companies launched IP and SD-WAN networks in Brazil with unique virtualised cloud infrastructure technology deployment, providing both physical and virtual infrastructure as a service – not just in Brazil, but throughout the region.
Seaborn chief operating officer, Andy Bax said: “We live in a results-first world where a product list is no longer of interest to customers. They need customised solutions, and each customer’s needs in this space are very specific.
“Our partnership with EdgeUno integrates our capacity/IP solutions into the bare-metal and cloud computing markets with a level of coverage customers can’t find elsewhere.”
“Our goal has always been to offer users in Latin America, the most seamless internet experience possible, and now, thanks to Seaborn, we have more options than ever to help make that happen,” said EdgeUno chief executive officer, Mehmet Akcin.
-- BERNAMA
Thursday, 10 October 2019
AM Best revises Singapore´s EQI Credit Rating outlook
KUALA LUMPUR, Oct 4 (Bernama) -- AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) of EQ Insurance Company Limited (EQI), Singapore.
The global rating agency and information provider, in a statement, also affirmed EQI’s Financial Strength Rating (FSR) of B++ (good) and the Long-Term ICR of ‘bbb+’. The outlook for the FSR remains stable.
These credit ratings reflect EQI’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The revision of the Long-Term ICR outlook to negative reflects AM Best’s expectation of pressure on the company’s operating performance assessment over the near term.
While the company continues to execute on improvements aimed at returning underwriting performance to a position of profitability, the competitive conditions in Singapore’s insurance market remain a key challenge.
Despite the company exhibiting limited internal capital generation over the past five years (2014 to 2018), shareholder equity has been supported by a series of capital injections from the company’s parent over this period.
AM Best views EQI’s business profile as limited. The company is a small-sized, non-life insurer in Singapore, with a market share of approximately one per cent based on 2018 gross written premium. More information at http://www.ambest.com.
-- BERNAMA
Friday, 4 October 2019
Cloudflare serves modern internet with HTTP/3 support
KUALA LUMPUR, Sept 27 (Bernama) -- Cloudflare has announced support for HTTP/3, the new standard of the web, making the Internet faster, more secure and reliable.
The security, performance and reliability company has collaborated with industry peers, including Google Chrome and Mozilla Firefox, to bring HTTP/3 to the masses and progress the Internet into the future.
HTTP/3 is built on top of QUIC, designed for the modern Internet. It will speed up connections and make use of the web more reliable and secure, especially for mobile devices.
Innovations in the HTTP/3 standard include encryption by default, improved performance and support for network migration.
All Cloudflare customers can enable HTTP/3 in their dashboard today, for free. The latest version of Chrome includes support for HTTP/3 while Firefox is expected soon.
More details at https://www.cloudflare.com/
-- BERNAMA
The security, performance and reliability company has collaborated with industry peers, including Google Chrome and Mozilla Firefox, to bring HTTP/3 to the masses and progress the Internet into the future.
HTTP/3 is built on top of QUIC, designed for the modern Internet. It will speed up connections and make use of the web more reliable and secure, especially for mobile devices.
Innovations in the HTTP/3 standard include encryption by default, improved performance and support for network migration.
All Cloudflare customers can enable HTTP/3 in their dashboard today, for free. The latest version of Chrome includes support for HTTP/3 while Firefox is expected soon.
More details at https://www.cloudflare.com/
-- BERNAMA
Red Hat Forum APAC 2019 inspires businesses addressing challenges
KUALA LUMPUR, Sept 26 -- Red Hat Inc, the world's leading provider of open source solutions is hosting the Red Hat Forum APAC 2019, gathering industry experts and key business decision-makers.
The event is one of the premier open source technology event series in Asia Pacific. Its first series is happening in Singapore today, before travelling to nine major APAC cities with more than 7,500 attendees across industries expected to attend the series.
It will also take place in Kuala Lumpur on Oct 1, according to a statement.
The Red Hat Forum APAC 2019 aims to inspire businesses to address the challenges they face and expand their possibilities with open source. The series will showcase how customers are using open source innovations to modernise their infrastructure and applications.
The forum will kick-off with a keynote on ‘Changing The Way We Work,’ which will talk about how Red Hat has developed world-changing software and practices through open source.
It will also offer advice on ways organisations can use open source to advance more rapidly through collaboration, and operate with transparency and trust.
The Red Hat Forum APAC is a platform for customers and partners to learn about trends and developments in open source, exchange ideas on ways to address critical pain points, directly with Red Hat and its ecosystem of technology partners.
For further information and forum’s schedule, visit https://www.redhat.com.
-- BERNAMA
The event is one of the premier open source technology event series in Asia Pacific. Its first series is happening in Singapore today, before travelling to nine major APAC cities with more than 7,500 attendees across industries expected to attend the series.
It will also take place in Kuala Lumpur on Oct 1, according to a statement.
The Red Hat Forum APAC 2019 aims to inspire businesses to address the challenges they face and expand their possibilities with open source. The series will showcase how customers are using open source innovations to modernise their infrastructure and applications.
The forum will kick-off with a keynote on ‘Changing The Way We Work,’ which will talk about how Red Hat has developed world-changing software and practices through open source.
It will also offer advice on ways organisations can use open source to advance more rapidly through collaboration, and operate with transparency and trust.
The Red Hat Forum APAC is a platform for customers and partners to learn about trends and developments in open source, exchange ideas on ways to address critical pain points, directly with Red Hat and its ecosystem of technology partners.
For further information and forum’s schedule, visit https://www.redhat.com.
-- BERNAMA
Wednesday, 2 October 2019
Arcserve, Sophos curb cyber attacks with all-in-one data security, protection
KUALA LUMPUR, Sept 25 -- Arcserve LLC has announced a global alliance with Sophos, a leader in network and endpoint security, to provide organisations with dedicated protection for backed-up data against cyber threats.
In a statement, the world’s most experienced data protection provider said via this collaboration, organisations could employ the only market solution that integrated anti-ransomware and other threat prevention technologies.
The technologies include deep learning AI for both known and unknown malware, and award-winning disaster recovery and high availability capabilities for prevention against data loss.
Able to be deployed within just 15 minutes, the new solution delivers a multi-layered approach to prevent, protect and immunise back-up data from cyber attacks.
Arcserve Appliances will integrate Sophos Intercept X Advanced for Server, award-winning endpoint protection with artificial intelligence, to deliver a comprehensive protect-in-depth approach to accelerate data, system and application resiliency.
A report issued by Cybersecurity Ventures predicts the global cost of ransomware to reach US$11.5 billion this year and US$20 billion by 2021, with an attack on businesses every 14 seconds, by year-end. (US$1 = RM4.18)
-- BERNAMA
In a statement, the world’s most experienced data protection provider said via this collaboration, organisations could employ the only market solution that integrated anti-ransomware and other threat prevention technologies.
The technologies include deep learning AI for both known and unknown malware, and award-winning disaster recovery and high availability capabilities for prevention against data loss.
Able to be deployed within just 15 minutes, the new solution delivers a multi-layered approach to prevent, protect and immunise back-up data from cyber attacks.
Arcserve Appliances will integrate Sophos Intercept X Advanced for Server, award-winning endpoint protection with artificial intelligence, to deliver a comprehensive protect-in-depth approach to accelerate data, system and application resiliency.
A report issued by Cybersecurity Ventures predicts the global cost of ransomware to reach US$11.5 billion this year and US$20 billion by 2021, with an attack on businesses every 14 seconds, by year-end. (US$1 = RM4.18)
-- BERNAMA
Lumina Networks releases Intent Based Service Automation 2.0 solution
KUALA LUMPUR, Sept 23 -- Lumina Networks has unveiled its Intent Based Service Automation 2.0 solution, delivering dramatic time and effort savings in network operations and improving customer experiences.
The open source networking company released the solution during the Open Networking Summit Europe.
As a key component of network transformation, the solution enables dynamic service automation and end-to-end normalised telemetry for multi-vendor networks.
For service providers, the solution, powered by OpenDaylight, works with the most common orchestrators and all vendors’ southbound hardware, regardless of interface to provision services based on business intent.
Lumina Networks chief executive officer, Andrew Coward said while automating workflows were an important half of the battle with the solution, true end-to-end automation was enabled.
“With the telemetry capabilities we’ve added, service providers will be able to automate decisions based on real-time data, aligned to business intent, at scale and without vendor lock-in.”
Software developed in the solution will be based on open source code; either contributed to an existing community or planned for contribution. More details at http://www.luminanetworks.com/
-- BERNAMA
The open source networking company released the solution during the Open Networking Summit Europe.
As a key component of network transformation, the solution enables dynamic service automation and end-to-end normalised telemetry for multi-vendor networks.
For service providers, the solution, powered by OpenDaylight, works with the most common orchestrators and all vendors’ southbound hardware, regardless of interface to provision services based on business intent.
Lumina Networks chief executive officer, Andrew Coward said while automating workflows were an important half of the battle with the solution, true end-to-end automation was enabled.
“With the telemetry capabilities we’ve added, service providers will be able to automate decisions based on real-time data, aligned to business intent, at scale and without vendor lock-in.”
Software developed in the solution will be based on open source code; either contributed to an existing community or planned for contribution. More details at http://www.luminanetworks.com/
-- BERNAMA
Tuesday, 1 October 2019
Toshiba launches 3-phase brushless motors for home applications
KUALA LUMPUR, Sept 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched ‘TB67B000AHG’, a new three-phase brushless motor driver for home appliances.
Compatible for use in air-conditioners, air-purifiers, dehumidifiers and ceiling fans, the new driver is a high-voltage addition to the ‘TB67B000 series’.
The series realises highly efficient brushless motor drive and noise reduction in a single package.
Toshiba’s newly-developed 600V TB67B000AHG driver IC is pin-compatible with the current 500V TB67B000HG and can easily replace it.
The company is also developing the more compact version ‘TB67B000AFG’ in a small 34-pin HSSOP package which will be available in November.
More details at https://toshiba.semicon-storage.com/ap-en/top.html
-- BERNAMA
Compatible for use in air-conditioners, air-purifiers, dehumidifiers and ceiling fans, the new driver is a high-voltage addition to the ‘TB67B000 series’.
The series realises highly efficient brushless motor drive and noise reduction in a single package.
Toshiba’s newly-developed 600V TB67B000AHG driver IC is pin-compatible with the current 500V TB67B000HG and can easily replace it.
The company is also developing the more compact version ‘TB67B000AFG’ in a small 34-pin HSSOP package which will be available in November.
More details at https://toshiba.semicon-storage.com/ap-en/top.html
-- BERNAMA
Fusionex, IMU catalyse medical education, research via big data analytics
KUALA LUMPUR, Sept 20 -- Fusionex and the International Medical University (IMU) have taken a bold step to integrate big data analytics (BDA) and artificial intelligence (AI) in IMU’s medical and health sciences programmes.
Fusionex and IMU expressed their commitment with the exchange of a Memorandum of Agreement (MoA), by IMU Deputy Vice-Chancellor, Professor Peter Pook and Fusionex Founder and Group Chief Executive Officer, Datuk Seri Ivan Teh.
The MoA sees both parties leveraging on their respective strengths – Fusionex utilising BDA and AI, and IMU lending its expertise and knowledge in the healthcare industry – to work together on various aspects of medical research & development, including cancer informatics, advanced drugs, vaccine design and healthcare analytics.
In order to equip future healthcare providers with the right set of skills and knowledge, this collaboration will see five IMU undergraduate programmes, each piloting a BDA module.
The programmes are Bachelor of Pharmacy (Hons); BSc (Hons) in Medical Biotechnology; BSc (Hons) in Dietetics with Nutrition; BSc (Hons) in Nutrition; and, BSc (Hons) in Biomedical Science.
These will be some of the first non-ICT degree programmes to integrate BDA as part of its syllabus.
These programmes will provide four outcomes - an overview of the analytics life cycle, how analytics is contributing to the healthcare industry, why making data-driven decisions is key for an organisation, and effectively using analytical and AI skills in solving healthcare-related problems.
-- BERNAMA
Fusionex and IMU expressed their commitment with the exchange of a Memorandum of Agreement (MoA), by IMU Deputy Vice-Chancellor, Professor Peter Pook and Fusionex Founder and Group Chief Executive Officer, Datuk Seri Ivan Teh.
The MoA sees both parties leveraging on their respective strengths – Fusionex utilising BDA and AI, and IMU lending its expertise and knowledge in the healthcare industry – to work together on various aspects of medical research & development, including cancer informatics, advanced drugs, vaccine design and healthcare analytics.
In order to equip future healthcare providers with the right set of skills and knowledge, this collaboration will see five IMU undergraduate programmes, each piloting a BDA module.
The programmes are Bachelor of Pharmacy (Hons); BSc (Hons) in Medical Biotechnology; BSc (Hons) in Dietetics with Nutrition; BSc (Hons) in Nutrition; and, BSc (Hons) in Biomedical Science.
These will be some of the first non-ICT degree programmes to integrate BDA as part of its syllabus.
These programmes will provide four outcomes - an overview of the analytics life cycle, how analytics is contributing to the healthcare industry, why making data-driven decisions is key for an organisation, and effectively using analytical and AI skills in solving healthcare-related problems.
-- BERNAMA
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