Thursday 31 May 2018

Selangor Sultan receives RM1.8 million in business tithe

CYBERJAYA, May 31 (Bernama) -- Sultan Sharafuddin Idris Shah of Selangor today received business tithe amounting to RM1.8 million from two companies at the 'Ihya Ramadan Bersama Rakyat' programme held at the Raja Haji Fisabilillah Mosque here.

Also present at the ceremony were Tengku Permaisuri of Selangor Tengku Permaisuri Norashikin.

The Selangor Tithe Board in a statement said of the total RM1.8 million received today, RM1.3 million involved the business tithe from Mahsa University.

It was presented by Mahsa's Pro-Chancellor and Executive Chairman, Prof Tan Sri Mohamed Haniffa Abdullah.

Another RM550,000 was the business tithe from the Selangor Agricultural Development Corporation and was presented by its group general manager, Tamby Omar Mohammed.

At the same event, Sultan Sharafuddin also presented Aidilfitri contributions to 275 'asnaf' (tithe recipients) of the poor and underprivileged, as well as 211 'asnaf' of Muslims converts from the Sepang district.

All of them received tithe of RM500 each, involving an allocation totalling RM243,000.

Apart from breaking-of-fast with the people, Sultan Sharafuddin and Tengku Permaisuri Norashikin also performed prayers with the congregation.

-- BERNAMA

Toshiba acquires certification of Mbed OS for its microcontrollers

KUALA LUMPUR, May 28 (Bernama) -- Toshiba Electronic Devices and Storage Corporation (Toshiba), as a Silicon Partner of Mbed - a device management solution for IoT platforms developed by Arm Ltd - has acquired the certification of Mbed OS for its microcontrollers.

Toshiba in a statement said that two evaluation boards that integrate these microcontrollers have been released on the Arm Mbed site.

The microcontroller, TMPM066FWUG supporting Arm Mbed OS and Mbed evaluation board 'AdBun-M066' made by sensyst.

The online compiler provided by Arm can be used with evaluation boards supporting Mbed OS and device programming can be performed with drag-and-drop simplicity on a host PC connected to the boards via USB.

Developers can also access the rich component libraries verified by the Mbed community, allowing fast and efficient development of applications for embedded devices.

As Toshiba microcontrollers now support Mbed OS, the Toshiba group can propose and deliver total solutions for secure IoT systems covering clouds to devices.



Further information can be accessed at https://toshiba.semicon-storage.com/ap-en/company.html

-- BERNAMA 

Cradle funding a boost to AdEasy's expansion plans

KUALA LUMPUR, May 31 (Bernama) -- AdEasy, South-East Asia's first online marketplace to help connect businesses with traditional advertising media, was selected by Cradle Fund Sdn Bhd to receive RM775,000 in funding in 2017 under the Direct Equity 800 (DEQ800) plan.

From 800 companies, 13 start-ups were selected to receive a capital injection of between RM300,000 and RM800,000.

This is AdEasy's second round of seed investment, having received RM242,000 last year through equity crowdfunding platform, pitchIN. To date, AdEasy has booked 15 campaigns with a total ad spend of more than RM950,000 through its small-and-medium enterprise (SME) clients.

"There is a huge untapped market of SMEs which are not advertising yet, 86.6 per cent to be exact," said AdEasy chief executive officer, Melissa Sim.

"This is because they lack the knowledge, data and tools to make informed decisions. We aim to equip SMEs with advertising knowledge and media-planning tools so that they can confidently book ad space on their own," she added.

SMEs are able to save time, money and resources in finding the right ad space through a comprehensive marketplace in three easy steps via AdEasy by browsing, comparing and booking.

Total ad spend in Malaysia for 2017 was RM4.65 billion, with Malaysian advertisers allocating 77 per cent of their advertising budget for traditional media.

According to the Nielsen Consumer and Media View 2017 report, traditional media enjoys more than 70 per cent reach across the board. More than 90 per cent of Malaysians aged between 15 and 24 years consumed both traditional and digital media, while only one per cent of this demographic consumed digital media exclusively during the time period.

Evidently, traditional advertising is still thriving. Today, over 480 ad spaces are listed on AdEasy from more than 80 media options like GSC Cinemas, Astro Radio, BFM 89.9, The Malay Mail, Mingguan Wanita, Her World, Bernama News Channel, Astro Malay Channel, GrabAds, Hot Media and more.

"We are continuously adding more media options to the marketplace every month and plan to extend our ad space offerings to include neighbouring countries by the end of this year so that SMEs can easily book ad space anywhere, anytime in the region. We are determined to make AdEasy the leading online ecosystem for advertising in South-East Asia," said Sim.

"Cradle has more than 700 start-ups in its portfolio, providing them mentorship and networking opportunities, as well as growth guidance. Other than knowing we are in good hands, we believe AdEasy can add value to Cradle's start-ups by being their go-to advertising support. Ultimately, like Cradle, AdEasy is focused on driving growth for them through advertising," she added.

Cradle chief investment officer, Juliana Jan, said, "Digital innovation is at the heart of our investment strategy. An online marketplace for offline advertising space that allows advertisers to book offline ad spaces defines the future of traditional advertising."

"We are confident that AdEasy and its technology will be a game changer in the industry. We see huge potential in AdEasy and we are excited to support and be part of this company."

-- BERNAMA 

Wednesday 30 May 2018

THIS IS WHY HUOBI IS A LEADER GLOBAL BLOCKCHAIN ASSET PROVIDER

SINGAPORE, May 30 (Bernama-GLOBE NEWSWIRE) -- No matter where you go, you hear about cryptos. All media have adopted this buzzword, in an online publication, ads, and news sites. However, are crypto buyers still early adopters?

Crypto is indeed at its early stage, and for all of those approaching the world of cryptocurrencies, a frequent question is: which is the best platform to start trading? But being objective giving a clear distinction between platforms around the web, it might be a difficult task.

In this article, we present Huobi a platform that stands out for its well-achieved interconnectivity and interface. Initiated in 2013, it is one of the best alternatives in cyberspace when it comes to crypto exchange.

Huobi Super Rebate Program.

The new benefit that Huobi has implemented is its system of discounts, where each user of the cryptocurrencies can receive a commission by generating their own invitation link and invite new users to register in the currency.
 
How to get started with referrals?

1- First you must enter the tab that says invitation, which is in the upper right corner of the website. Search for "My invitation code" and click to enter.

2- To obtain the invitation code, you can register and invite new users in two ways: first you must send your code to your guest and, while he registers, complete the registration to obtain the invitation code.

Or you can also send the invitation link through social networks, when both are registered through that link, the system will complete the following registration by giving you the invitation code.

3- In "Invite", click on "Registration of the invitation" to see if the registration of the invited user is successful. You can only see the result if it is recorded correctly.

4- After verifying the successful registration of your guest, the platform will calculate the amount of rebate of the transaction and the transfer of the user account the next day. The commission will be issued in the form of USDT and on a points card.

In short, when inviting a new user to trade with cryptocurrencies in Huobi, and the latter makes a transaction within 90 days, the inviter will receive 30% of the total commission.

Why Choose Huobi? 

A platform like Huobi makes very easy to get started into crypto guiding you step-by-step in what to do and what don’t. If you are a newbie in the exchange of digital currencies, Huobi gives you the key to achieve the desired success. Besides, Huobi has a new intelligent contract platform: EOS. The Enterprise Operation System is based on the blockchain and aims to implement a blockchain architecture similar to an operating system that supports distributed applications. This architecture can provide accounts, identity authentication, database, asynchronous communications and programming of programs and parallel operations in tens of thousands of CPU / GPU clusters. 

If you are interested in getting more details about the invitation program or platform itself, click here.

http://mrem.bernama.com/viewsm.php?idm=31995

Exclusive targeted private marketplace for World Cup available in Southeast Asia

KUALA LUMPUR, May 30 (Bernama) -- PubMatic Inc, a publisher-focused sell-side platform for an open digital media future and Publicis Media have launched an exclusive Targeted Private Marketplace (PMP), coinciding with the World Cup in Russia.

Like the Olympics, the World Cup generates marketing activity, as brands - both official sponsors and more opportunistic ones - compete for share of mind and wallet.

The exclusivity of the partnership will initially be available in Singapore, Indonesia, Vietnam, Thailand and Philippines, with plans to expand to additional markets in the region.

As a leading agency group, Publicis Media's focuses in increasing premium quality inventory. PubMatic's Targeted PMP solution offers heavily curated, premium site lists based on marketers' needs.

PubMatic in a statement said that the self-service tool will create high-quality PMP deals at scale for marketers, based on unique sports audience segments across its premium Asia and global publishers.

Targeted PMPs also provide advertisers with higher transparency and more efficient workflows and consistently performing PMP deals across multiple publishers. This, in turn, can drive higher ROI for marketers.

PubMatic's CRO in Asia Pacific, Jason Barnes said: "As brand spend increasingly shifts to programmatic, we have seen buyers like Publicis Media demand more sophisticated PMPs with increased capabilities without having to choose between quality or scale. PubMatic created Targeted PMPs to address these buyer pain points and evolve the PMP landscape.

Director of Product, Publicis Media Asia Pacific, Janet Leung said: "The PMP offers both contextually relevant sites and exclusive access to data which allows our advertisers to place their ads in front of the most relevant audience."

Further details can be accessed at: pubmatic.com/blog/targeted-pmp-deals/.

-- BERNAMA 

AIG NAMES LISA SUN AS CHIEF EXECUTIVE OFFICER OF AIG INSURANCE COMPANY CHINA, LTD.




NEW YORK, May 25 (Bernama-BUSINESS WIRE) -- American International Group, Inc. (NYSE: AIG) today announced that Lisa Sun will join the company as Chief Executive Officer of AIG Insurance Company China, Ltd. Ms. Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong & South and East Asia Zone.

Ms. Sun will report to Chris Townsend, Chief Executive Officer, International General Insurance, and her appointment is subject to regulatory approval by the China Banking and Insurance Regulatory Commission. She will be based in Shanghai.

Commenting on Ms. Sun’s appointment, Mr. Townsend said: “China is a core growth market for AIG. I am pleased to welcome Lisa back to AIG to take on the important role of leading our China business. I look forward to working closely with Lisa and the team in this dynamic region.”

A recognized industry leader with more than 20 years of experience, Lisa previously held executive roles at Zurich and Liberty Mutual. Earlier in her career, Lisa was Deputy Chief Actuary and Vice President for Worldwide Accident and Health for AIG Life Companies, and Regional Actuary and Assistant Vice President for AIU Accident and Health SEA and Greater China Region.

Ms. Sun is replacing Eric Zheng who is leaving AIG to pursue other opportunities. Mr. Townsend added: “We thank Eric for his hard work with AIG China over the last 14 years and we wish him well in his next endeavor.”

Monday 28 May 2018

OSAKA GAS ENGINEERING TO PROVIDE CONSULTING SERVICES ON CONSTRUCTION OF LNG RECEIVING TERMINALS IN TAIWAN

OSAKA, Japan, May 24 (Bernama-BUSINESS WIRE) -- Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas)(TOKYO:9532), has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC Corporation, Taiwan (CPC) and Taiwan Power Co., Ltd. (TPC) respectively.

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180524005452/en/

In CPC’s third LNG receiving terminal construction project, OGE will conduct Front End Engineering & Design (FEED) and provide technical consulting services on regasification facilities as part of building a 3 million tons per annum (mtpa) LNG receiving capacity in the first phase of a 6 mtpa LNG terminal project planned to commence operation in 2023. With this agreement following the previous one signed this March for consulting services on engineering and construction of four full containment pre-stressed concrete (PC) LNG tanks for the terminal, OGE will provide consulting services for the entire first phase construction project.

In the meantime, with TPC, OGE has reached an agreement to conduct FEED and provide technical consulting services to TPC for the first time on five full containment PC LNG tanks and regasification facilities for TPC’s Taichung LNG receiving terminal, which is planned to be built with a 4.1 mtpa capacity and scheduled to start its commercial operation in 2023 along with a power plant in Taichung area.

http://mrem.bernama.com/viewsm.php?idm=31971

Thursday 24 May 2018

EZE SOFTWARE PARTNERS WITH SHERPA FUNDS TECHNOLOGY ON RISK MODELING

Rigorous Data Governance Elevates Portfolio Construction
 
SINGAPORE, May 24 (Bernama-BUSINESS WIRE) -- Eze Software, a provider of global investment technology, has partnered with Sherpa Funds Technology to offer advanced portfolio construction and factor analytics capabilities to its clients. Sherpa provides tools that help funds build portfolios that dynamically express investment managers’ alpha decisions, their risk appetite and market conditions. The technology enables portfolio managers to deliver more consistent and better returns whilst matching the risk exposure objectives of investors and consultants.
 
“We are always looking for ways to help our clients simplify their portfolio construction processes, enabling them to generate better returns while minimizing unwanted risk,” said R.G. Manalac, Managing Director, Asia Pacific. “This partnership will enable our users to account for all their business goals while optimizing their portfolios by accessing Sherpa’s time-tested models and processes, aided by Eze OMS.”
 
Clients can specify criteria they want their portfolios to follow, including liquidity, style factor, yield and sector exposures, access Sherpa’s powerful risk portfolio and performance analytics, and receive a portfolio construction that best expresses their alpha. The suggested portfolio can then be seamlessly loaded into Eze OMS and implemented.
 
“Partnering with Eze allows Sherpa to deliver its state-of-the-art portfolio processes to Eze's client base with very little integration overhead,” said Richard Waddington, CEO of Sherpa. “This added functionality extends Eze's operational and execution strengths into the decision-making area, where Portfolio Managers, Investor Relations and CIOs can design and deliver product that expresses Alpha in a way that matches their investors’ wishes.”
 
About Sherpa Funds Technology

Founded in 2013, Sherpa is the result of 20 years of risk and trading experience, coupled with a deep quantitative approach and delivered by powerful computational engines. Sherpa delivers enhanced process and analytics to multi-billion asset managers of all types, helping them make the most of their decision-making by applying their ideas in their portfolios in a consistent and rigorous way. Sherpa believes strongly that by using computer power and structured data they can help clients implement their decisions in a manner that enhances their business. For more information, visit www.SherpaFundsTech.com.
 
About Eze Software

Eze Software is a global leading provider of investment management software solutions designed to optimize operational and investment alpha throughout the entire investment process. Eze Software provides the platform for growth for the entire investment management community, maximizing efficiencies across order management, trade execution & analytics, portfolio analytics & modeling, compliance & regulatory reporting, commission management, and portfolio & investor accounting. For more than 20 years Boston-based Eze Software has been driving innovation in financial technology. Today, Eze Software partners with more than 2,500 buy- and sell-side institutions in 45 countries from their 14 offices worldwide. For more information, visit www.ezesoft.com.
 
View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006517/en/
 
Contact
For Eze Software
Veronica Belitski, +1 212-506-7523
vbelitski@ezesoft.com
or
For Sherpa Funds Technology
Richard Waddington/Craig McGee, +65 6410 9225
richard@sherpafundstech.com
craig.mcgee@sherpafundstech.com
 
Source : Eze Software
 
--BERNAMA

http://mrem.bernama.com/viewsm.php?idm=31962

PRA NAMED INTERNATIONAL CLINICAL RESEARCH COMPANY OF THE YEAR

RALEIGH, N.C., May 24 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences, Inc. (NASDAQ:PRAH) is pleased to announce it was recognized by PharmaTimes as the International Clinical Research Company of the Year. This is the fifth year in a row that PRA has received this award.
 
“This award celebrates excellence in the clinical research industry and we are honored to once again be recognized by our peers,” said Colin Shannon, President and Chief Executive Officer. “This award is possible thanks to the incredibly talented PRA team members we have working around the world who are deeply committed to their work in bringing new and life-saving therapies to the patients who need them.”
 
PRA also swept the Clinical Research Associate and Clinical Trial Administrator categories capturing a total of 11 awards. These awards follow PRA’s recognition earlier this month in the PharmaTimes Americas competition where PRA also received 11 awards, including Company of the Year.
 
The PharmaTimes, International Clinical Researcher of the Year competition is designed to challenge, recognize, and reward the talent and passion of industry and academic researchers. Comprised of three stages, the competition offers professionals in the clinical research industry an opportunity to benchmark their skills against their peers in a learning environment and have them judged by an independent executive steering group of industry leaders.  

http://mrem.bernama.com/viewsm.php?idm=31973

Juniper Networks ensure operational efficiency of Fujitsu's cloud platform



KUALA LUMPUR, May 22 (Bernama) -- Fujitsu Ltd has deployed Juniper Networks' cloud management platform, AppFormix to ensure operational efficiency of Fujitsu's cloud platform, Cloud Service K5 in Japan.
"We look forward to the continued advancement of AppFormix solutions in support of Fujitsu's operational needs going forward, especially for the potential global deployment of K5 as a continuation of our long-term, firm partnership," said vice president of Engineering at Juniper Networks, Sumeet Singh.

Fujitsu's K5 is the world's largest open-source based platform and has strong global adoption by organisations to drive digital business transformation, across the public, private and hybrid cloud, a statement said.

Juniper's AppFormix was selected to deploy Fujitsu's K5 platform for growing operational needs, offering simplified cloud operations management and performance optimisation capabilities through big data analysis and machine learning.

AppFormix also significantly reduces operational burden and complexity with the unique user-friendly GUI dashboard displaying real-time reporting and high level compatibility with OpenStack, allowing Fujitsu to better plan resource consumption and capacity expansion of the K5 platform in the future.

Previously, the open-source software used for the management of the K5 platform did not provide Fujitsu with the automated real-time management and data visualisation features it needed which resulted in manual processes and increased OPEX.

Juniper Networks Inc, an industry leader in automated, scalable and secure networks simplifies the complexities of networking with products, solutions and services in the cloud era to transform the way people connect, work and live. More information at www.juniper.net

--BERNAMA 


​INTA SELECTS SINGAPORE FOR 142ND ANNUAL MEETING SLATED FOR APRIL 2020

SEATTLE, May 21 (Bernama-GLOBE NEWSWIRE) -- The International Trademark Association (INTA) today announced that it will hold its 142nd Annual Meeting—the world’s largest trademark event—in Singapore from April 25 to 29, 2020, at the Marina Bay Sands. This marks the second time INTA is bringing its Annual Meeting to Asia, and the first time that the organization will host the event in Southeast Asia.

INTA CEO Etienne Sanz de Acedo made the highly anticipated announcement at the opening ceremonies of the Association’s 140th Annual Meeting, taking place in Seattle, Washington, now through May 23. Nearly 11,000 trademark practitioners and other intellectual property (IP) professionals from 150+ countries are gathering for this event. The number of registrants has been increasing each year.

In 2014, INTA held its first-ever Annual Meeting in Asia—the 136th Annual Meeting in Hong Kong SAR, China. After that successful event, INTA’s Board of Directors approved a rotation strategy to host the Annual Meeting in a location outside the United States every third year.

“Bringing the Association’s Annual Meeting to Singapore in 2020 offers our global membership the opportunity to once again meet in an optimal location to learn, network, and discuss issues of interest to IP professionals, government officials, consumers, and society at large,” said 2018 INTA President Tish Berard.

Registration for the 2020 Annual Meeting in Singapore will open in January 2019, with presale tickets available for purchase at INTA’s 2019 Annual Meeting in Boston, Massachusetts.

A confluence of factors contributed to the selection of Singapore for the 2020 gathering, including its vibrant environment, cultural diversity, ease of accessibility, and achievements in the field of IP. INTA, which has a growing international membership now spanning 191 countries, opened an Asia-Pacific Representative Office in Singapore in March 2016.

“Singapore is a seminal location for the global trademark dialogue that will take place at INTA’s Annual Meeting in 2020. We are extremely pleased to go there and view this as an opportunity to further interact with and serve members globally,” said Mr. Sanz de Acedo.

INTA’s groundbreaking impact study entitled The Economic Contribution of Trademark-Intensive Industries in Indonesia, Malaysia, the Philippines, Singapore, and Thailand indicates that trademark-intensive activities in Singapore generate increased employment across sectors and contribute to international trade.

Specifically, looking at data from 2012 to 2015, trademark-intensive industries within Singapore generated a 50 percent direct contribution to gross domestic product, comprised 60 percent of the country’s share of exports, and workers’ share of the workforce represented 29 percent of total employment, according to the study.

“We are honoured to play host to the world’s largest and most widely-attended IP conference – INTA’s 142nd Annual Meeting – in 2020,” said Daren Tang, Chief Executive, Intellectual Property Office of Singapore. “This mega conference will connect the Singapore innovation ecosystem to the global community of trademark experts and intellectual property professionals who will build on each other’s best practices and expertise, sharing thought leading conversations on creating strong brands to differentiate winning enterprises from others.”

Jeannie Lim, Executive Director, Conventions, Meetings & Incentive Travel, Singapore Tourism Board, added:  “Our city serves as the ideal platform for this prestigious event. Here, delegates can learn, engage and discover new possibilities, and go on to enjoy the cuisine and experiences that our city has to offer outside of the event. We look forward to welcoming this event to Singapore in 2020.”

About the International Trademark Association

The International Trademark Association (INTA) is a global association of brand owners and professionals dedicated to supporting trademarks and related intellectual property (IP) to foster consumer trust, economic growth, and innovation. Members include more than 7,200 trademark owners, professionals, and academics from 191 countries, including 62 members from Singapore who benefit from the Association’s global trademark resources, policy development, education and training, and international network. Founded in 1878, INTA is headquartered in New York City, with offices in Brussels, Santiago, Shanghai, Singapore, and Washington, D.C., and representatives in Geneva and New Delhi. For more information, please visit www.inta.org.

Contact:
Sari Schwartz
Senior Strategist, Communications
sschwartz@inta.org
1-212-642-1774

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bab1761a-add4-4ae9-9ee9-4e2b81373c52

Source : International Trademark Association

--BERNAMA

Wednesday 23 May 2018

XINHUA-CHINA BANANA PRODUCING AREA PRICE INDEX RELEASED IN CHENGMAI COUNTY, HAINAN PROVINCE

BEIJING, May 23, 2018 /Xinhua-AsiaNet/ --
 
"Xinhua-China banana producing area price index" compiled jointly by the  People's Government of Chengmai County of Hainan Province and China Economic Information Service (CEIS) of Xinhua News Agency was officially released in south China's Hainan Province on May 15.
 
The index aims to monitor the operation status and development trend of banana producing areas in China and create a barometer for the industry.
 
It is reported that the base date for the index is set on July 3, 2017, with the base point standing at 100 points. As of May 11, 2018, the index was reported at 87.05 points, up 0.63 points or 0.73 percent from the previous release date and down 12.95 points or 12.95 percent from the base period.
 
The "Xinhua-China banana producing area price index" selects the transaction prices of the five major banana producing areas (Hainan, Guangxi, Yunnan, Guangdong and Fujian) as samples, and collects price data every two days. The weights of the index are adjusted according to market production, consumption and seasonal features.
 
The index is a classic example of deep integration of big data and the real economy. It takes full advantage of Chengmai County's location and industrial expertise in banana production. It is of positive significance to assisting the government's decision-making, guiding the industry development, fostering scientific cultivation of banana farmers, and building the Hainan free trade zone (port), said deputy County director of Chengmai County Wang Baohan.
 
The index can objectively and accurately reflect the operation conditions of the banana producing areas in China, provide open and transparent price information for the industry, and avoid the price confusion in the banana market, according to Su Huizhi, vice president of CEIS.
 
CEIS is a wholly-owned company of Xinhua News Agency, and boasts five national-level platforms including Xinhua Finance, Xinhua Silk Road, Xinhua Credit, Shanghai Petroleum and Natural Gas Exchange (SHPGX) and Xinhua Think Tank. As China's first professional institution studying, releasing, promoting and operating composite indices, Xinhua Indices have been committed to building four product systems: Xinhua Price Index, Xinhua Theme Index, Xinhua Evaluation Index and Xinhua Finance Index, and launched a series of influential products.
 
Source: China Economic Information Service (CEIS)

Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=312860

Northern Trust appoints new head of sales in APAC

KUALA LUMPUR, May 23 (Bernama) -- Northern Trust Corp - a leading provider of wealth management, asset servicing, asset management and banking - has appointed David I. Kim as a new head of sales for its Corporate and Institutional business in the Asia-Pacific (APAC) region.
Northern Trust has an established network of offices across APAC - Malaysia, Australia, China, Hong Kong, India, Japan, Philippines, Singapore and South Korea, a statement said.
Based in Singapore, Kim will report to Jon Dunham, head of global sales and William Mak, head of the APAC region at Northern Trust.
In his new role, Kim will lead a team of sales managers across the region to drive growth - offering Northern Trust's innovative and comprehensive range of asset servicing solutions to institutional investors and investment managers across APAC.
Kim has over twenty years of experience working in financial services and joins Northern Trust from BNY Mellon in Boston where he was most recently service executive and managing director, overseeing a team of US asset servicing directors.
He holds an Master of Business Administration from Boston College and a bachelor's degree in finance and investments from Babson College.
For more details visit northerntrust.com

Morgan Stanley and Citi ranked first place in the 2018 All-Asia Research Team Survey

KUALA LUMPUR, May 23 (Bernama) -- Morgan Stanley grab first place for a second consecutive year on Institutional Investor´s exclusive annual team-based ranking of sell-side analysts with 34 positions in The 2018 All-Asia Research Team survey.

Institutional Investor also announced the first place on the individual analyst-based ranking led by Citi with 43 positions, Morgan Stanley in second place, Bank of America Merrill Lynch and UBS tied in third place and Credit Suisse secured in fifth place.

Head of Research, Asia, Cara Eio said the competition delivers the best overall research product for investors to support their investment decisions as the diversity of research offering and providers is healthy for investors, corporates and markets alike.

This year, the survey was met with a 17 per cent increase in voter participation leading to deep, record breaking results. The survey reflects the opinions of more than 4,703 portfolio managers and analysts at 1,381 institutions, a statement from Institutional Investor News said.

Institutional Investor offers highly-respected proprietary benchmark research and rankings on buy-side and sell-side research, hedge funds, corporates, fixed income and asset management. More information at www.institutionalinvestor.com