Wednesday 25 November 2020

THE MILLA GROUP SELECTS THE LEDDAR PIXELL FROM LEDDARTECH FOR THE MILLA POD AUTONOMOUS SHUTTLE

 QUEBEC CITY, Nov 25 (Bernama-GLOBE NEWSWIRE) -- LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is proud to have been selected by the MILLA Group as the supplier for their cocoon LiDAR sensor. The MILLA Group has selected the award-winning Leddar™ Pixell as the front-end LiDAR for their MILLA POD autonomous shuttle.

The Leddar Pixell is the most robust solid-state LiDAR on the market. This sensor provides a 180-degree horizontal field of view (FoV) and can offer 360-degree coverage of a vehicle when four modules are used. The Leddar Pixell offers best-in-class shock and vibration resistance meeting ISO 16750-3 requirements and complies with the SAE J1455 standard for heavy dust intrusion, positioning the Leddar Pixell for use in the industrial vehicle markets requiring robustness and durability. Also, the Leddar Pixell is IP67 certified and provides an MTBF of more than 148,000 hours, which is equivalent to ten times that of scanning solutions. The Leddar Pixell is ideal for shuttles, robotaxis, ADVs, and other off-road vehicles used in construction, agriculture, and mining applications.

“MILLA has engaged with LeddarTech on the robust Leddar Pixell for our MILLA POD. The POD is an innovative autonomous shuttle that has been deployed throughout Europe and North America,” stated Éric Gendarme, Managing director of the MILLA Group. “The radical changes we implemented in the POD related to the design lend themselves well to the Leddar Pixell; this LiDAR enables us to have a 180-degree field of view, which increases safety and overall reliability of our autonomous shuttle.” Mr. Gendarme continued: “The MILLA POD, equipped with Leddar Pixell along with the other autonomous technology components that make up our operating systems, was submitted to the RATP Group, a State-owned public transport operator operating in 13 countries and on four continents, tasked with evaluating and qualifying autonomous public transportation vehicles. The RATP reported that the operating systems of the MILLA POD, which included the Leddar Pixell, meet the stringent qualification requirements,” Mr. Gendarme concluded.

“We are honored to be a chosen supplier to MILLA Group for our sensing technology,” stated Frantz Saintellemy, President and COO of LeddarTech. “The MILLA Group represents a forward-thinking organization that tackles autonomous shuttle technology with a new and innovative approach; we are proud that our Leddar Pixell contributed to MILLA’s technical certification with the RATP Group,” Mr. Saintellemy concluded.

About MILLA Group

MILLA Group is a leading independent French company of engineers specialized in the design, development, fabrication, and experimentation of new mobility products and services. MILLA’s new mobility concept is to provide a sustainable, modular, scalable, and adaptable transporting service accessible to everyone. Since 2019, MILLA’s shuttles are rolling daily on open roads at the speed of 30 km/h in autonomous mode, a unique service on Earth. Today MILLA is the only mobility provider proposing on-demand and multi-modal transportation solutions (people and goods) for rural and peri-urban zones. The technologies implemented by MILLA Group have significant impacts also on the automotive industry. Major world-leading companies are using MILLA’s services, such as robotization and automation of vehicles and their experimentation on open roads.

Contact Éric Gendarme at eric.g@milla.net

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments. With its LeddarVision™ sensor-fusion and perception platform and its cost-effective, scalable, and versatile LiDAR development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™, LeddarTech enables Tier 1-2 automotive system integrators to develop full-stack sensing solutions for autonomy level 1 to 5. These solutions are actively deployed in autonomous shuttle, truck, bus, delivery vehicle, smart city/factory, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Product Management, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/c4ce9937-f7fa-4d83-8c7d-a7106c467340

https://www.globenewswire.com/NewsRoom/AttachmentNg/64706fa3-751d-4a2d-b9eb-336c4a7f8d6f


SOURCE : LeddarTech inc.

Tuesday 24 November 2020

OMRON empowers engagement with AliveCor on remote cardiovascular condition management

 KUALA LUMPUR, Nov 24 -- OMRON Healthcare Co Ltd has announced additional investment into AliveCor by its parent company, OMRON Corporation, as part of US$65 million series E funding for the leader in AI-based personal electrocardiogram (ECG) technology. (US$1 = RM4.09)

According to a statement, OMRON led this round of investment, reinforcing the cross-company collaboration that began in 2017.

The companies continue to build on their global alliance to accelerate development of solutions for cardiovascular disease management and remote patient monitoring utilising ECG technology.

“OMRON is committed to developing life-saving cardiovascular health technologies in pursuit of our 'Going for Zero' vision to eliminate heart attacks and strokes,” said OMRON Healthcare president and chief executive officer, Isao Ogino.

“Over one billion adults are hypertensive worldwide, and their risk of stroke is nearly five times greater if they also suffer from Afib (atrial fibrillation).

“The ability to monitor both blood pressure and heart rhythm at home is essential for early detection, treatment and management of these cardiovascular health conditions.

“We continue to explore and develop new technologies to enhance the accessibility of home monitoring that help people to manage their condition, and will engage partners like AliveCor to ensure this technology is best-in-market, further accelerating our remote patient monitoring business to achieve our goal.”

OMRON's expanded investment into AliveCor builds upon the companies' ongoing collaboration.

OMRON Healthcare is a global leader in the field of clinically proven, innovative medical equipment for health monitoring and therapy.

-- BERNAMA

Monday 23 November 2020

Sustained economic development heated topic at Nansha forum

 
KUALA LUMPUR, Nov 23 -- The three-day International Finance Forum 2020 Annual Meeting, beginning Nov 20, was held in Nansha, Guangzhou.

Themed ‘Comprehensive and Sustainable Development - Wide Consultation, Co-operation and Crisis Response’, it saw nearly 200 financial representatives, business leaders and experts discussing topics like Monetary and Fiscal Policies in the New Landscape: Opportunities and Challenges, WTO Reform and Future Global Trade System, Carbon Pricing, as well as Greater Bay Area Cooperation and Development.

China Council for the Promotion of International Trade chairman, Gao Yan said: "The world economy is in a deep recession. The global industrial chain and supply chain have been negatively affected.

“Unilateralism and protectionism have occurred, and the economic globalisation has encountered a counter-current.”

According to UN Secretary-General Antonio Guterres, countries need more liquidity and resources to deal with the crisis and promote recovery, and global public finance should pay attention to the countries and industries in need, promoting sustainable development.

This year, IFF first initiated the Global Green Finance Innovation Award to praise the innovative solutions of global green finance, in ways to deepen international exchanges and cooperation in green finance and promote successful experience in its development and contribute to sustainable development.

According to a statement, Nansha was chosen due to aspects like optimising the business environment, encouraging financial innovation, and supporting financial services.

As of September this year, Nansha has settled a total of 6,559 financial and similar financial enterprises, the number of which increases 52 times compared with that before the launch of pilot free trade zone.

-- BERNAMA

PETRONITA'S VIRTUAL ORCHID RUN STEP UP TO INSPIRE IN 2020

 KUALA LUMPUR, Nov 23 (Bernama) -- The highly anticipated annual Orchid Run event by the Association of Wives and Women Employees of PETRONAS (PETRONITA) returns this year with the theme “Step Up to Inspire”, aimed at supporting mental health whilst promoting a healthy lifestyle. As the COVID-19 pandemic continues to sweep the nation, its 6th edition will take the form of a virtual run where participants are required to complete a 15km run and achieve a target of 20,000 steps at their convenience between 5th December and 13th December 2020.
 
Organised in collaboration with BookDoc app, the primary objective of the virtual Orchid Run is to raise funds for the Malaysia Mental Health Association (MMHA). The funds will be contributed to schools with the aim of better equipping the teachers in managing the students’ mental health needs by upskilling them with Mental Health Aid. The contribution allows MMHA to support schools in focusing on the necessary interventions to improve social connections amongst students and the environment they are in, particularly in the current pandemic situation. 
 
“Despite the unprecedented challenges brought about by COVID-19, we can still find purpose in our lives and be supportive of one another. The virtual Orchid Run presents an opportunity for all Malaysians to come together and help support mental health whilst practicing a healthy lifestyle. Given the recent closure of schools and postponement of major examinations, there is a need to aid teachers with interventions to support students in overcoming the numerous anxieties they face. We believe the virtual Orchid Run can play its part as a practical intervention to support students and families during this stressful time,” said PETRONITA President, Puan Jemilia Md Jelas.
 
Coinciding with the virtual run, PETRONITA is also collaborating with PETRONAS’ Group Health, Safety, Security and Environment (GHSSE) for the Walk4Trees Challenge. For every step taken, PETRONAS will plant trees, with a target of 1 tree for 1 million steps. By having more trees, we can ensure that we will continue to have cleaner air to breathe and control climate change, which is an  equally important element in maintaining good health and sustainability of the earth.
 
In realising this virtual sporting event, the Orchid Run is also supported by corporations, namely ConocoPhillips Malaysia, Mubadala Petroleum, Malaysia Marine and Heavy Engineering Holdings Berhad, PETRONAS Dagangan Berhad, as well as assistance from PETRONAS’ Division and Upstream Strategic Communications and Administration Department. All the support and contribution received will definitely make a big impact to the lives of the affected students.
 
For more information on the run or incase you or your company are interested in participating and support as contributors, please contact the organisers at
petronitakl@petronas.com.
 

Photo link: https://www.dropbox.com/t/4JjP3iIcjrrFM6yN
Photo 01 Caption : Funds raised from the Virtual Orchid Run will be channeled to schools via Malaysia Mental Health Association (MMHA), to upskill the teachers with Mental Health Aid.
Photo 02 Caption : Virtual Orchid Run 2020 Poster
 

SOURCE : PETRONITA

Tuesday 17 November 2020

Sanya Beach Handball Invitational ends in Hainan



KUALA LUMPUR, Nov 17 -- The two-day ‘Beautiful Sanya Lishan Distillery Cup’ Beach Handball Invitational 2020, beginning Nov 12, was held in Sanya, China.

The beach handball competition was divided into men's and women's groups from Anhui, Jiangsu, Shandong and other regions in China, with Anhui women's team and Shandong men's team winning the championship in the match.

Shandong beat Anhui 2-0 to win the men's team title at the 2020 Sanya Beach Handball Invitational Tournament, according to the Sixth Asian Beach Games Sanya 2020 Organising Committee, in a statement.

Anhui attacked fiercely at the beginning of the match, while Shandong used defensive counter-attacking tactics, with the goalkeeper scoring directly when Anhui players did not come to the defensive positions.

Meanwhile, in the women's event, Anhui beat the Chinese young women's national team 2-0 to win the title. The Anhui women's team comprising many national team players won the match easily with their height and experience.

“The ‘Beautiful Sanya 2020’ competition series is designed as a practice run for the working process of The Games. The Sixth Asian Beach Games Sanya 2020 Organising Committee will spare no effort to ensure the operation of the invitational while carefully adhering to epidemic prevention and control,” said Sanya City Vice Mayor, Zhou Jun.

-- BERNAMA

Saturday 14 November 2020

Madison Realty Capital closes new debt investment vehicle up to US$1 billion

KUALA LUMPUR, Nov 11 -- Madison Realty Capital, a New York City-based real estate private equity firm focused on debt and equity investment strategies, recently closed on a new debt investment vehicle with up to US$1 billion in investing capability. (US$1 = RM4.11)

Madison, with US$5.6 billion of gross assets under management, will deploy this new debt strategy to target lighter value-add and core-plus real estate transactions with a greater focus on income generation with rates of four per cent to 7.5 per cent.

The new strategy adds another solution to Madison Realty Capital’s comprehensive lending and investment platform and allows the firm to provide an even greater variety of options to its deep relationships of real estate owners, operators and lenders.

Accordingly, the firm will originate and acquire senior loans and mezzanine loans as well as make preferred equity investments backed by a diversified pool of transitional real estate assets.

The new vehicle also enables Madison Realty Capital to provide other alternative real estate lenders with financing solutions on both a single asset and overall portfolio basis. 

“Expanding our product offering is consistent with Madison’s approach of developing financing solutions to meet the evolving needs of our borrowers and to capture more income-oriented opportunities we might have otherwise had to forego,” Madison Realty Capital Managing Principal and Co-Founder, Josh Zegen said in a statement.

-- BERNAMA

Monday 9 November 2020

PERU STRENGTHENS ITS TRADE RELATIONSHIP WITH MALAYSIA




 Peruvian Fresh Grapes


• The Peruvian and Malaysian governments continue to work on protocols that will allow mangos, avocados and pomegranates access to Malaysia. 
• The main Peruvian foods imported by Malaysia last year were cocoa, fresh grapes, pomegranates, quinoa, blueberries and sacha inchi oil.
 

LIMA, Nov 9 (Bernama) -- Peru continues to focus on Asia with the aim of becoming a strategic partner for the export of its fresh products. With an annual growth rate of close to 5%, Peru is one of the Latin American countries with the greatest international projection. Food exports represent its second largest generator of foreign currency and, even though its main destination markets are currently North America and the European Union, the growth in commercial exchange with Asia in the fruit and vegetable sector has evolved favourably in recent years. 

In 2019, Malaysia received fresh Peruvian products worth over $12,000 million dollars, an exchange that represents over 2% of the Peruvian exports in Asia. This figure, together with the great economic development which Malaysia has shown in the previous years – a GDP with a growth of 4.3% in 2019 - places Malaysia among the main economies in the region. This encourages the great expectations that Peru has regarding this country. 

As a result of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Peruvian and Malaysian government continue discussing and moving forward on protocols and phytosanitary requirements to achieve market access for mangoes, avocados and pomegranates. The latter product, with an increase of 13.6% last year, is precisely one of the fastest growing in imports to Malaysia. Cocoa and fresh grapes are the most imported Peruvian products by Malaysia, which also receives significant volumes of quinoa, sacha inchi oil and blueberries. Blueberry imports in particular went up by more than 75% in the first quarter of 2020. 

"Malaysia has become a major priority for Peruvian exports due to its great growth potential," said Erick Aponte, Trade Commissioner of PROMPERÚ in South East Asia. "Peru has been participating in the CPTPP since the end of 2018, which allows us to increase the number of Peruvian products with access to the market. Since then we have been working on new protocols and during the last year, we have been managing access for some fresh products, such as pomegranates, avocados and mangoes. The latter two are among the most imported fresh fruits by Malaysia and actually, they are the most recognized Peruvian products outside our borders".

It is important to note that mango currently accounts for 12% of fresh fruit imports into Malaysia, reaching a figure of over 62,000 tonnes. In addition, avocado, another Peruvian fruit that is expected to gain access to the Malaysian market in the short term, has also continued to grow its presence in the Malaysian market, with more than 3,000 tonnes imported last year. 

FOOD TRADE WITH ASIA 

Asia currently accounts for 9% of all Peruvian agri-food exports worldwide. China is the biggest Asian market for Peruvian produce, with a 30% share of all exports, followed by Hong Kong (20%), South Korea (14%), Japan (12%) and Indonesia (8%). To a lesser extent, but growing strongly, are Malaysia, Taiwan, Thailand, Vietnam and Singapore. PROMPERÚ’s trade office for South-East Asia is based in Hong Kong and works to increase the demand for Peruvian food. Opening new markets by establishing strategic partnerships, signing new export protocols, and engaging in tactical promotional campaigns targeting both retailers and consumers are some of its goals.  

SUPER FOODS PERU 

The tremendous biodiversity of Peru, as well as its varied geography that includes the ocean, the coast, mountains and jungles, enables the country to offer a wide array of top quality agri-foods all year round. 

Since 2017, Peru has been showcasing its products under the ‘Super Foods Peru’ brand, which seeks to highlight the high nutrient content of Peruvian produce. In addition to fruit and vegetables, the Andean nation produces grains such as quinoa, native tubers such as maca, and a wide array of seafood from its fishing industry, all of which are protected by this distinctive quality mark. 

Learn more about ‘Super Foods Peru’ https://peru.info/en-us/superfoods
 
SOURCE : PROMPERU