Founder of a New York PR firm -- Danielle Sabrina -- in top 20 female entrepreneur list

KUALA LUMPUR, Sept 28 (Bernama) -- Founder of Tribe Builder Media, Danielle Sabrina is in the top 20 2017 female entrepreneur list by CIO.com.

Sabrina competed amongst a variety of noted founders like Julia Taylor Cheek of medical testing company EverlyWell, Amanda Signorelli of events company Techweek and Lisa Wang of SheWorx, a platform that provides support systems for female leaders and Sabrina beat them out this year at 13 ranked.

Sabrina started her career as one of the youngest equity traders on Wall Street at 19 years old and moved to financial planning before founding Tribe Builder Media in 2008.

Earlier this year, she raised over US$40 million (RM165.6 million) for a blockchain startup she co-founded and currently expanding her agency to open a third location in Boston with a fourth coming soon in Asia. (1US$ = RM4.14)

She is also an advocate for female entrepreneurs, donating her time, money and resources to women owned small businesses with plans to launch an incubator program late 2019 for emerging minority entrepreneurs, a statement said.

Combining old-school financial know-how with a strong command of the fintech, blockchain and cryptocurrency market, the founder of a public relations firm is now known as the "cryptoqueen."

With several successful ICO's and token sales behind her, Sabrina has an entire team dedicated exclusively to blockchain and cryptocurrency to help clients navigate complicated regulatory landscapes, launch successful campaigns and align with the right partners.

High-profile clients, professional athletes and celebrities took her to incubate new ideas, raise capital and develop strategic partnerships.

She was recently accepted as a member of the Forbes Agency Council and her work has been featured in top-tier publications such as Forbes, Entrepreneur, and Inc. More details at tribebuildermedia.com

-- BERNAMA

innogy Ventures, Shell Ventures invest US$10 million to Akselos

KUALA LUMPUR, Sept 28 (Bernama) -- Creators of the world’s largest predictive digital twin, Akselos, has announced the completion of a US$10 million (RM41.4 million) financing round led by innogy Ventures with Shell Ventures as Co-Investor. (1US$ = RM4.14)

innogy Ventures is the venture capital arm of innogy SE, one of Europe’s largest utility companies, while Shell Ventures is one of the corporate venture funds in the oil and gas industry.

Akselos said in a statement that the financing will help to increase the sustainability of critical assets in the energy sector, by empowering predictive maintenance with structural analysis software, big data analytics and machine learning.

Akselos, spun out from MIT, brings emerging digital tech to the market through an exclusive license with MIT. The technology, over 15 years in the making, was further developed at the Swiss Federal Institute of Technology.

According to the statement, the technology simulates exact virtual replicas – or digital twins – of large mechanical assets, using data to create accurate living, learning and predictive twins.

The solution, which is 1,000 faster and more accurate than the industry standard when modelling large scale assets, will offer operators real-time access to the condition of the asset from anywhere and at any time and allow a move towards predictive maintenance.

It is the first technology of its kind to be compatible with the IoT and digital solutions such as sensors, big data analytics and machine learning.

Akselos co-founder and chief executive officer, Thomas Leurent said the announcement underlines the value they will bring to the energy sector and a huge vote of confidence from two of the world’s most progressive and innovative energy companies.         He said: “Our technology will not only help maximise efficiency and returns in the oil and gas industry in an increasingly competitive market, but it also has a crucial role to play in accelerating the energy transition.”

More details on https://akselos.com/

-- BERNAMA

"WORLD GREEN DESIGN CONTRIBUTION AWARD": LUMY HOUSE WAS INTERNATIONALLY RECOGNIZED

BRUSSELS, Oct. 1, 2018 /Xinhua-AsiaNet/--

On September 27, 2018 World Green Design Forum Brussels Summit & the 8th World Green Design Contribution Award Ceremony was held at European Parliament in Brussels, Belgium on schedule. The theme of the Summit was "Green Design Facilitates Global Green Development" and World Green Design Contribution Award Ceremony and China-EU Green Tourism City/Scenic Spot Award Ceremony were also held to honor professionals and professional groups that have made outstanding contributions to the human living environment by green design. Among them, Lumy House won the 8th World Green Design Contribution Award. According to reports, Haier Group, Coca-Cola, Huawei and other well-known enterprises have been awarded this honor previously.

Lumy House winning the award successfully fully demonstrates the outstanding achievements and leading significance of future building solutions of Lumy House in the field of energy conservation and environmental protection of home buildings and Lumy House has been recognized by international authoritative bodies. It is reported that Lumy House is the first domestic integrated product and service provider focusing on providing consumers with green furniture and ecological household articles and always makes good use of cutting-edge scientific and technological forces to integrate modern aesthetics, craftsmanship spirit, ecological human settlements and other concepts into its products and services with international standards and perspectives.

Source: Lumy House

Image Attachments Links: http://asianetnews.net/view-attachment?attach-id=320734

--BERNAMA

CICC ASSET TRADING PLATFORM: NEW ERA WITH THE GLOBAL CIRCULATION OF CNS POINTS

SINGAPORE, Oct 1 (Bernama-BUSINESS WIRE) -- During the Warring period in the 500th century BC, "Zhou Li, Local official, Market Governor" - a classical book in ancient China said that "market governor governs the market's disputes, teachings, decrees, penalties, units of measurement and bans. He divides the market according to the arrangement of management office and business and classifies the stores according to different goods to make the fair sale.” This is the earliest record of the ancient Chinese trading platform "market". In the information age at 21st century, with the rapid development of global transactions, banknotes and bank digital currency transactions, affected by factors such as the global financial crisis, international trade wars, and international monetary policies, has an unstable value and is vulnerable to bank foreign exchange restrictions and state capital controls, which makes virtual currency the first choice for global transnational traders.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20181001005234/en/

CICC Asset Trading Platform is a digital asset trading platform for global users, integrating the Internet spirit of being "open, equal, collaborative, efficient, and shared" to provide CNS points and mainstream digital asset exchange security services (CNS/USDT, BTC /CNS, ETH/CNS) to global traders. CICC took the lead in introducing the extension technology: Internet of data and developing the CICC trading platform with the world's top technology team, providing safe and efficient global resource exchange platform to the world's real economic enterprises, commercial institutions and market investors. CICC resource exchange platform is an independent-developed risk management cloud platform integrated with financial, legal, policy, and consortium information resources in Hong Kong, Singapore, the United States, and the European Union, providing global investors with the safe channel to connect world digital assets and enjoy the wonderful life of Internet technology.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181001005234/en/

Contact

Long Brand holding group co. LTD
Chen XiangYang
info@manmingjituan.com
http://www.manmingjituan.com

Source : Long Brand holding group co. LTD

--BERNAMA

A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR PT ASURANSI TUGU PRATAMA INDONESIA, TBK

SINGAPORE, Oct 1 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of PT Asuransi Tugu Pratama Indonesia, Tbk (TPI) (Indonesia).
 
The negative outlooks reflect rising concern over the effectiveness of TPI’s enterprise risk management framework (ERM) following the consolidation of its reinsurance business. The Credit Rating (rating) affirmations reflect TPI’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate ERM.
 
TPI’s risk-adjusted capitalization remains solid, supported by relatively low gross and net underwriting leverage, and conservative investment asset allocations, as well as the quality and diversity of its reinsurance panel. Its capital position is among the largest in Indonesia’s non-life market. TPI has a track record of strong operating performance supported by underwriting and investment results. Its combined and operating ratios averaged 79% and 60%, respectively, in the five years to December 2017. Its return on equity averaged 11% over the same period, despite the fact that its capital position more than doubled over the period.
 
Offsetting rating factors include rising concern about TPI’s ERM. With the recent consolidation of PT Tugu Reasuransi Indonesia, reinsurance business represents a significant portion of overall premiums written. However, an effective consolidated ERM framework that also includes the reinsurance business is only at an early stage, raising the risk of unexpected volatility. Although overall underwriting margins remained good in the first half of 2018, these were reduced by unfavorable results from the reinsurance business. In addition, overall results have been affected by investment and currency volatility.
 
Negative rating action could result from a significant deterioration in operating performance or unexpected volatility due to gaps in ERM.
 
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
 
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
 
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.
 
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
 
View source version on businesswire.com: https://www.businesswire.com/news/home/20180928005400/en/
 
Contact

A.M. Best
Chi Yeung Lok, +65 6303 5016
Director Analytics
chi-yeung.lok@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
John Andre, +1 908 439 2200 ext. 5619
Managing Director
john.andre@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
 
Source : A.M. Best
 
--BERNAMA

http://mrem.bernama.com/viewsm.php?idm=32846

Asia Pacific top increase in business school programs

KUALA LUMPUR, Oct 1 (Bernama) -- Applications to business school programs in the Asia-Pacific, Europe and Canada markets are up over 2017 while programs in the United States report a drop in volume.

Overall, the demand for graduate management education is stable in 2018 compared with 2017 according to findings of the annual Application Trends Survey from the Graduate Management Admission Council (GMAC).

GMAC said in a statement that programs in Asia-Pacific had an 8.9 per cent increase, Canada realized 7.7 per cent growth and Europe had a 3.2 per cent increase in application demand across all program types.

Growth in the Canadian and European regions derive largely from increases in international applications, while domestic growth is fueling increases in Asia-Pacific.

Concurrently, the United States experienced a nearly 7 per cent decline, including a 1.8 per cent decline in domestic application volume and a 10.5 per cent drop in international volume across all program types.

GMAC president and chief executive officer, Sangeet Chowfla said: “Demand for graduate management education is stable year over year. However, there are significant regional variations.

“Non-U.S. programs continue to thrive, highlighting the continued emergence of enhanced educational and professional opportunities outside the United States.”

Chowfla also explained the lag in U.S. business school demand: “A low unemployment rate means young professionals have an increased opportunity cost of leaving their jobs in pursuit of an advanced degree.  

“Combined with a disruptive American political environment and the emergence over the past decade of tremendous educational and professional opportunities abroad, one can begin to understand in part why demand in the United States has dropped from previously record-high application volumes at some schools,” Chowfla added.

GMAC conducted the 19th annual Application Trends Survey from early June to mid-July 2018 from 1,087 graduate business programs at 363 universities worldwide.

Founded in 1953, GMAC is a non-profit association of leading graduate business schools worldwide. More details at www.gmac.com

-- BERNAMA

Avis Budget Group Asia wins Best Car Rental Company at TTG Travel Awards

KUALA LUMPUR, Sept 27 (Bernama) -- Avis Budget Group Asia has won Best Car Rental Company at the 29th Annual TTG Travel Awards 2018, voted by readers of TTG Travel Trade Publishing’s print and online seven titles.

Regional Director for Leisure Travel & Partnerships at Avis Budget Group Asia, Angeline Tang said: “We are thrilled to win a TTG Asia Award in Recognition of Excellence in the travel industry.

“We are continuously examining the overall customer experience to determine how we can make it even more transparent, convenient, personalised, streamlined and seamless for our customers,” she added.

Within the judged criteria, Avis Budget Group Asia came out on top for having the best products, services and facilities, being the most consistent and most reliable in delivery and having the most innovative offerings.

The company was also considered to have the best agency-outreach programmes, including trade promotions, marketing, training and relationship-building, a statement from Avis Budget Group Inc said.

Recently, Avis Budget Group Asia launched a training and booking platform, Beep -- a one-stop-portal for travel trade professionals -- aimed to make the booking process simpler, more efficient and rewarding for its valuable travel trade partners.

Avis Budget Group Inc is a leading global provider of mobility solutions, both through its Avis and Budget brands, having more than 11,000 rental locations in approximately 180 countries around the world. More details on www.avisbudgetgroup.com.

-- BERNAMA