SYDNEY, June 8 (Bernama-BUSINESS WIRE) -- Global Switch, one of the leading large-scale, carrier and cloud neutral, multi-tenanted data centre providers across Europe and Asia-Pacific has announced that Trident Subsea Cable (Trident), an international telecommunications infrastructure project designed to deliver high-speed and high-capacity connectivity between Australia and Asia, is to locate Points of Presence (PoPs) within Global Switch’s data centres in Sydney and Singapore when it builds its cable network in the Asian region.
Trident’s cable network, anticipated to be ‘Ready For Service’ in mid-2018, will connect Singapore, Indonesia and Australia with some of the highest capacity optical fibre technology available once operational. With four fibre-pairs in total, each carrying multiple 100Gbps optical channels (wavelengths) and capable of being upgraded in future to 400Gbps optical channels, the Trident system is being developed to offer the raw bandwidth increasingly required by the fast-growing demand for Internet services and content hosted in the Asian region.
http://mrem.bernama.com/viewsm.php?idm=26960
Wednesday, 8 June 2016
EURONET EXPANDS ITS SHARED INDEPENDENT AUTOMATED DEPOSIT TERMINAL NETWORKS ACROSS EUROPE
LEAWOOD, Kan., June 8 (Bernama-GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global payments provider, announces the further expansion of its pioneering Shared Independent Recycler Automated Deposit Terminal (“Recycler ADT”) Network across Europe. Euronet’s Recycler ADT Network has now reached 2,500 ADTs in Poland, Germany, Romania and Czech Republic with plans to expand further in more markets within 2016.
Euronet's Shared Independent Recycler Deposit Networks are the first to be operated with participation from multiple banks. Automating cash deposits allows banks to extend their branch services without incurring the cost of operating additional branch locations, reduces deposit processing costs and enhances customer satisfaction.
C&C GROUP IN DISTRIBUTION PARTNERSHIP WITH INTERBEV SINGAPORE
SINGAPORE, June 8 (Bernama-BUSINESS WIRE) -- C&C Group announces new distribution partnership with
InterBev (Singapore) Limited, a subsidiary of ThaiBev.
Under the terms of the newly-formed partnership, Interbev Singapore and C&C Group will work together to strengthen Magners’ presence in key market growth channels. Interbev Singapore will begin its nationwide distribution of Magners in Singapore from September 1, 2016.
Sales of Magners by Interbev Singapore will be supported by its business partner, F&N Foods, also a subsidiary of ThaiBev. The formidable team of Interbev Singapore and F&N Foods is strategically placed as a full-fledged, one-stop beverage company with an extensive distribution network to develop and grow premium brands.
Tuesday, 7 June 2016
KUBOTA, NTT AND NTT COMMUNICATIONS TO DEVELOP ICT SOLUTIONS FOR AGRICULTURE AND WATER INFRASTRUCTURE
Aim to strengthen agricultural competitiveness
and upgrade living standards
TOKYO, June 7 (Bernama-BUSINESS WIRE) -- Kubota Corporation, Nippon Telegraph and Telephone Corporation (NTT) and NTT Communications Corporation (NTT Com) announced today an agreement, effective immediately, to combine Kubota’s infrastructure solutions for agriculture and water management, NTT’s research and development capabilities, and ICT services from NTT Com and other NTT Group companies to enhance agricultural competitiveness and upgrade living standards.
GLOBE PARTNERS WITH MOBILE PAYMENTS COMPANY FORTUMO FOR DIRECT CARRIER BILLING
SINGAPORE,
June 7 (Bernama-BUSINESS WIRE) -- Philippines’
number one mobile brand Globe Telecom and the mobile payments company Fortumo have
sealed a partnership to launch enhanced direct carrier billing in the country.
With this collaboration, over 52 million Globe customers will be able to use
their mobile phones to make payments in various app stores, as well as for
digital services and games.
Direct
carrier billing, significantly increases the amount of users who are able to
make online payments. In the Philippines, only 3% of Filipinos have access to acredit card while smartphone
penetration has reached 40%and is forecasted to grow to 70%
during the next 2 years. With Fortumo and Globe, more people will be able to
make payments online through carrier billing compared to bank-based payments.
700 INDIVIDUAL CREATORS AND 190 PRODUCTION COMPANIES TO GATHER UNDER ONE ROOF - CONTENT TOKYO 2016
TOKYO, June 7 (Bernama-BUSINESS WIRE) -- From June 29 to July 1, CONTENT TOKYO, Japan’s largest
trade show for content business will be held in Tokyo. At this expo,
unparalleled 700 individual creators and 190 production companies of a broad
range of genres will gather.
World’s leading scale! As many as 700 creators to gather – 5th Creator’s Expo
In Creators Expo which has been expanding its scale every year, variety of creators such as illustrators, writers, designers, game developers, sound creators, etc. will get together. Many up-and-coming talents are discovered here every year and a lot of businesses have been arisen.
Monday, 6 June 2016
A.M. BEST PLACES RATINGS OF HANWHA GENERAL INSURANCE COMPANY LIMITED UNDER REVIEW WITH DEVELOPING IMPLICATIONS
HONG KONG, June 6 (Bernama-BUSINESS WIRE) -- A.M. Best has placed under review with developing implications the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Hanwha General Insurance Company Limited (Hanwha General) (South Korea).
The rating action follows Hanwha Life Insurance Co., Ltd.’s (Hanwha Life) public announcement on June 3, 2016, that it will acquire 17.93% of the outstanding shares of Hanwha General that are currently owned by the affiliates of Hanwha Corporation. Hanwha Life currently owns 34.29% of Hanwha General’s shares. As a result of the transaction, Hanwha Life will hold 52.22% of Hanwha General’s shares. The under review status reflects A.M. Best’s uncertainty surrounding Hanwha Life’s credit profile and the future business plans and strategic role that Hanwha General will play in the insurance group structure.
http://mrem.bernama.com/viewsm.php?idm=26950
The rating action follows Hanwha Life Insurance Co., Ltd.’s (Hanwha Life) public announcement on June 3, 2016, that it will acquire 17.93% of the outstanding shares of Hanwha General that are currently owned by the affiliates of Hanwha Corporation. Hanwha Life currently owns 34.29% of Hanwha General’s shares. As a result of the transaction, Hanwha Life will hold 52.22% of Hanwha General’s shares. The under review status reflects A.M. Best’s uncertainty surrounding Hanwha Life’s credit profile and the future business plans and strategic role that Hanwha General will play in the insurance group structure.
http://mrem.bernama.com/viewsm.php?idm=26950
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