TOKYO, April. 6, 2018 /Kyodo JBN--AsiaNet / --
AGC Asahi Glass (hereinafter AGC) has opened a branch of AGC Asia Pacific Pte. Ltd., which oversees the Southeast Asian region, in Yangon City, the Republic of the Union of Myanmar (hereinafter referred to as "Myanmar"). Going forward, the AGC Group will strengthen its marketing activities in Myanmar.
Myanmar has continued high economic growth since the government reforms of 2011, and it is expected to continue sustainable growth in the future. In addition to the advantage of being geographically adjacent to other ASEAN countries as well as China and India, with a population of over 50 million Myanmar has high potential as a consumer market. Through AGC Asia Pacific Pte. Ltd., the AGC Group is strengthening marketing activities in economically growing Asian countries. In line with such activities, the group has established the branch office in Myanmar where growth is excellent.
http://mrem.bernama.com/viewsm.php?idm=31615
Friday, 6 April 2018
Thursday, 5 April 2018
FUSIONEX ROLLS OUT MAJOR PLATFORM FOR KOREAN MEGA RESORT
SEOUL, South Korea, April 3 (Bernama-BUSINESS WIRE) -- Fusionex, a multi award-winning, data technology provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence, and Deep Learning, has successfully deployed a data-driven travel and hospitality platform to power up the operations of a new mega resort in Korea, in a multi-million dollar contract.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180402005416/en/
Spanning across more than 500 acres, the resort incorporates all types of destinations that guests would want, from theme parks to hotels, entertainment facilities, villas, condominiums, and more. The project includes rolling out a comprehensive digital platform to engage with guests, build brand loyalty, and provide elevated levels of convenience and enhanced customer experience.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180402005416/en/
Spanning across more than 500 acres, the resort incorporates all types of destinations that guests would want, from theme parks to hotels, entertainment facilities, villas, condominiums, and more. The project includes rolling out a comprehensive digital platform to engage with guests, build brand loyalty, and provide elevated levels of convenience and enhanced customer experience.
MIMOS, REDTONE TEAM UP TO ACCELERATE JOHOR 4.0
KUALA LUMPUR, April 5 (Bernama)
-- MIMOS Berhad and integrated telecommunications and
digital infrastructure services provider, REDtone International
Bhd, are teaming up to drive the adoption of Johor 4.0 by leveraging on each
other’s strengths.
MIMOS is Malaysia’s premier
Applied Research and Development Centre in Information and
Communications Technology, Advanced Electronics Technology
and Nano-Semiconductor Technology.
This new strategic partnership enables
MIMOS and Redtone to synergistically contribute to Johor’s economic growth
in becoming a regional and global business hub.
Redtone’s integrated network with its
multiple last-mile technologies, mobility infrastructure as well as cloud and
various analytics platforms will lay the foundation and act as the catalyst for
the implementation of Smart Agropolitan applications provided by MIMOS.
These include the Smart Greenhouse,
Smart Aquafarming and Augmented Reality, which are aimed at digitalising the
agriculture sector, increasing farming productivity and quality, while
maintaining the affordability and sustainability of the value chain.
Redtone and MIMOS are committed to
growing a strategic partnership ecosystem for technology collaboration which
encompasses:
- Redtone’s reliable integrated network and
mobility infrastructure, where network connectivity is the starting
point to facilitate Digital-on-Things (DoT) opportunities for
Johor 4.0,
- Redtone flexiCloud (The largest B2B
cloud in Malaysia that offers a secure, scalable and agile cloud
platform),
- Platform Technologies (These technologies span
diverse areas, including Big Data, Internet of Things, Augmented Reality,
video analytics and an application development platform),
- MIMOS Smart Applications (Promoting a
wide range of cloud-based and DoT-based services that are shaping the next
generation digital lifestyle).
MIMOS chief executive officer
(CEO) Ahmad Rizan Ibrahim said: “The synergy with REDtone will be the right
catalyst for the transformation of Johor as a centre of excellence in
science, technology and innovation. Ultimately, this will contribute to the
digital economy as intended in the nation’s transformation agenda.
“Digital Johor 4.0 is the right
platform to accelerate the adoption of Industry 4.0 to sync with DoT.”
Meanwhile, Redtone CEO, Lau Bik
Soon said the company’s network and mobility infrastructure, cloud platform as
well as its technological integration skills and expertise would act as the
catalyst for the deployment of the smart applications developed by MIMOS.
“We believe this strategic partnership
will further strengthen our position as a leading integrated telecommunications
and digital services provider in Johor.
“More importantly, it will create
lasting value for all the stakeholders of Johor 4.0, reinforcing our commitment
to serving and making a positive impact on people and organisations by
delivering reliable digital infrastructure and services,” Lau added.
-- BERNAMA
Tuesday, 3 April 2018
1.1.1.1 LAUNCHES TO MAKE THE INTERNET FASTER AND MORE PRIVATE FOR EVERYONE
Cloudflare and APNIC partner to help build a better Internet
SAN FRANCISCO, April 2 (Bernama-GLOBE NEWSWIRE) -- Cloudflare, the leading Internet performance and security company, today announced 1.1.1.1, the first public DNS resolver built around the principle of privacy-first. 1.1.1.1 will ensure a more private and faster Internet for users everywhere, all for free.
Nearly everything on the Internet starts with a DNS request. DNS is the Internet’s directory. It translates a human-friendly name like www.example.com to a numerical Internet address that a computer understands. Almost nothing happens on the Internet without a DNS request happening first.
SAN FRANCISCO, April 2 (Bernama-GLOBE NEWSWIRE) -- Cloudflare, the leading Internet performance and security company, today announced 1.1.1.1, the first public DNS resolver built around the principle of privacy-first. 1.1.1.1 will ensure a more private and faster Internet for users everywhere, all for free.
Nearly everything on the Internet starts with a DNS request. DNS is the Internet’s directory. It translates a human-friendly name like www.example.com to a numerical Internet address that a computer understands. Almost nothing happens on the Internet without a DNS request happening first.
A.M. BEST AFFIRMS CREDIT RATINGS OF PACIFIC INTERNATIONAL INSURANCE PTY LIMITED
HONG KONG, March 30 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Pacific International Insurance Pty Limited (Pacific) (Australia). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Pacific’s balance sheet strength, which A.M. Best categorizes as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Pacific’s strong balance sheet assessment is due in part to its low underwriting leverage and conservative investment portfolio. Given the volume of risks that Pacific currently writes and retains, the capital required to support the company’s current book of business is relatively modest. In addition, Pacific continues to conservatively invest its technical and shareholders’ funds, with cash and term deposits making up the entire investment portfolio. Altogether, these factors contribute to the company’s strong balance sheet strength assessment.
Despite soft commercial pricing conditions in recent years, Pacific has generated operating profits over the past five years, driven mainly by the favorable claims experience of its product offerings and a steady stream of interest income. The major overhang on operating performance has been the company’s high expense ratio, stemming from its high service model and its small size as a niche insurer. Nevertheless, A.M. Best believes that as the group continues to gain operational efficiencies, its operating results will remain positive and gradually improve over time.
Pacific is a small, niche insurer that underwrites insurance products for the weed, pest control and building industries in Australia and New Zealand. Its core products are generally quite profitable, with favorable claims experience and a high underwriting margin. However, Pacific’s limited product offerings and high expense ratio have constrained its business profile assessment.
Given its status as a small and stable insurer within a niche segment, Pacific’s risk profile shows high business concentration risk. Pacific’s risk management capabilities are considered to be aligned appropriately with its risk profile, which is supported by the company’s low product and investment risk profile, as well as by various strategic initiatives to increase business volumes and broaden its policyholder base.
http://mrem.bernama.com/viewsm.php?idm=31565
Monday, 2 April 2018
Credit ratings of Luen Fung Hang Insurance Company Ltd placed under review - A.M. Best
KUALA LUMPUR, March 30 (Bernama) -- A.M. Best has placed under review with negative implications the financial strength rating of A (excellent) and the long-term issuer credit rating of 'a' of Luen Fung Hang Insurance Company Ltd (LFH) Macau.
The ratings will remain under review until A.M. Best completes its evaluation of the impact from the regulator's final decision, the mitigation plans that LFH's management put in place and the level of financial support the shareholders provide, a statement said.
These credit ratings actions reflect the uncertainty surrounding LFH's liquidity and the risk that the company will not be able to comply with regulations regarding technical reserves.
It could require the company to pledge a material amount of assets by April 2018 to the regulator in order to back part of the ceded reserves arising from Typhoon Hato.
A final decision by the Monetary Authority of Macau on the total amount of technical reserves, and the company's action plan in response to this decision, is expected to be finalised by mid of April.
LFH is the second-largest non-life insurer in Macau, with strong operating performance and a five-year average return on equity of 24.3 per cent from 2012 to 2016.
A.M. Best is the world's oldest and most authoritative insurance rating and information source.
-- BERNAMA
The ratings will remain under review until A.M. Best completes its evaluation of the impact from the regulator's final decision, the mitigation plans that LFH's management put in place and the level of financial support the shareholders provide, a statement said.
These credit ratings actions reflect the uncertainty surrounding LFH's liquidity and the risk that the company will not be able to comply with regulations regarding technical reserves.
It could require the company to pledge a material amount of assets by April 2018 to the regulator in order to back part of the ceded reserves arising from Typhoon Hato.
A final decision by the Monetary Authority of Macau on the total amount of technical reserves, and the company's action plan in response to this decision, is expected to be finalised by mid of April.
LFH is the second-largest non-life insurer in Macau, with strong operating performance and a five-year average return on equity of 24.3 per cent from 2012 to 2016.
A.M. Best is the world's oldest and most authoritative insurance rating and information source.
-- BERNAMA
Teledyne DALSA to preview its newest multi-line CMOS camera at The Vision Show
KUALA LUMPUR, March 30 (Bernama) -- Teledyne DALSA will present the company's very latest imaging technologies in-booth demonstrations including a preview of Teledyne DALSA's newest multi-line CMOS camera, offering options for monochrome, color, and NIR imaging, with fiber optic interface to an Xtium CLHS frame grabber at The Vision Show in Boston, Massachusetts on April 10 to 12.
The show takes place at the Hynes Convention Center and it is North America's largest display of machine vision and imaging components and systems, a statement said. Registration is free.
Teledyne DALSA, and Teledyne e2v -- companies of Teledyne Technologies and global leaders in image sensing technology will be co-located in booth #517.
Also to be demonstrated is the company's BOA spot vision sensor for automated quality inspections, Calibir uncooled long wave infrared cameras for thermal imaging applications, Genie Nano cameras, and GEVA 4000 vision system.
Teledyne e2v will also display their new OctoPlus range of line scan cameras for OCT applications in healthcare and industrial markets.
The show will also see static displays of Teledyne DALSA's newest area cameras, including the 86-megapixel Falcon4, frame grabbers, smart cameras, and image processing software.
In addition, Teledyne DALSA experts will present in two Hot Corner topic discussions about 3D Imaging Technologies on April 10 and multi-channel line scan imaging on April 12.
Teledyne DALSA is an international technology leader in sensing, imaging, and specialised semiconductor fabrication. More information can be accessed at www.teledynedalsa.com.
-- BERNAMA
The show takes place at the Hynes Convention Center and it is North America's largest display of machine vision and imaging components and systems, a statement said. Registration is free.
Teledyne DALSA, and Teledyne e2v -- companies of Teledyne Technologies and global leaders in image sensing technology will be co-located in booth #517.
Also to be demonstrated is the company's BOA spot vision sensor for automated quality inspections, Calibir uncooled long wave infrared cameras for thermal imaging applications, Genie Nano cameras, and GEVA 4000 vision system.
Teledyne e2v will also display their new OctoPlus range of line scan cameras for OCT applications in healthcare and industrial markets.
The show will also see static displays of Teledyne DALSA's newest area cameras, including the 86-megapixel Falcon4, frame grabbers, smart cameras, and image processing software.
In addition, Teledyne DALSA experts will present in two Hot Corner topic discussions about 3D Imaging Technologies on April 10 and multi-channel line scan imaging on April 12.
Teledyne DALSA is an international technology leader in sensing, imaging, and specialised semiconductor fabrication. More information can be accessed at www.teledynedalsa.com.
-- BERNAMA
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