Friday 31 July 2015

Celebrates #CFMmeriahRAYA Open House With The Launching Of CFM New Logo And Mascot

KUALA LUMPUR, July 31 (Bernama) -- In the spirit of Aidilfitri, the Communications and Multimedia Consumer Forum of Malaysia today celebrated #CFMmeriahRAYA open house with the launching of CFM’s new logo and mascot at D’Saji Titiwangsa Kuala Lumpur. The event, hosted by DR. Elistina Abu Bakar, Chairman of CFM and members of CFM council, was attended by industry players from the communications and multimedia sector. The event was officiated by Dato’ Jailani Johari, Deputy Minister for the Ministry of Communication and Multimedia Malaysia.

http://mrem.bernama.com/viewsm.php?idm=24964

PETRONAS Shares Treasured Raya Memories In Special Webfilm

KUALA LUMPUR, July 31 (Bernama) -- PETRONAS today released a webfilm titled ‘Sampai Hati’, marking the end of its ‘Raya Treasures’ campaign launched in early June. The film imparts the essence and value of forgiveness and family unity in line with PETRONAS’ longstanding commitment to bring Malaysians together through festive communications.
 
The webfilm tells the story of two brothers who grew up worlds apart - one is an aspiring filmmaker who has an eye for beauty and dreams while the other a stern, assertive army man. Their differences have kept them apart growing up but they eventually forgive each other and move forward with a closer bond.

http://mrem.bernama.com/viewsm.php?idm=24963

Introducing Yahoo Livetext - A New Way to Connect

A live video texting app, without audio, for iPhone and Android
 
SUNNYVALE, Calif., July 31 (Bernama-BUSINESS WIRE)-- Yahoo! Inc. (NASDAQ:YHOO) today announced Yahoo Livetext, a new app for one-to-one live video texting on iPhone and Android phones. Yahoo Livetext blends the convenience and ease of texting, with the immediacy and vividness of live video, but without the audio - so you can use it in any context.

http://mrem.bernama.com/viewsm.php?idm=24959

A.M. Best Affirms Ratings of BOC Group Life Assurance Company Limited

HONG KONG, July 31 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of BOC Group Life Assurance Company Limited (BOCGL) (Hong Kong). The outlook for both ratings is stable.
 
The ratings of BOCGL reflect its good risk-adjusted capitalization and solid competitive position in Hong Kong’s life insurance market. The ratings also recognize the continued capital and operational support provided by its banking parent BOC Hong Kong (Holdings) Limited (BOCHK).

http://mrem.bernama.com/viewsm.php?idm=24958

A.M. Best Affirms Ratings of Sompo Japan Nipponkoa Insurance Inc. and Certain U.S. Subsidiaries

HONG KONG, July 31 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa-” of Sompo Japan Nipponkoa Insurance Inc. (Sompo Japan Nipponkoa) (Japan). Concurrently, A.M. Best has affirmed the FSR of A+ (Superior) and the ICRs of “aa-” of Sompo Japan Insurance Company of America (SJA) and its reinsured affiliate, Sompo Japan Fire and Marine Insurance Company of America (SJFM), collectively known as Sompo Japan US Group (both domiciled in New York, NY). The outlook for all ratings remains stable.

http://mrem.bernama.com/viewsm.php?idm=24957

A.M. Best Affirms Ratings of Starr Property & Casualty Insurance (China) Company, Limited

HONG KONG, July 31 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook for both ratings is stable.
 
The ratings reflect Starr China’s adequate and improving level of risk-adjusted capitalization, its prudently managed investment portfolio and its knowledgeable management team in commercial lines and specialty risks underwriting. The ratings also benefit from the business and operational support of Starr International Company, Inc. (SICO) and its insurance subsidiaries and the capital commitment from Starr Insurance & Reinsurance Limited (SIRL), one of the affiliated companies within SICO, which is a 20% shareholder of Starr China.

http://mrem.bernama.com/viewsm.php?idm=24956

PA Group Brings Innovative Investment Solutions to Asia

MIAMI, July 31 (Bernama-GLOBE NEWSWIRE) -- Having recently received regulatory approval from the Labuan Financial Services Authority, PA Group’s expansion in Asia has also seen the appointment of new business development head Edward Pantani to market its Premier Trust investment solutions in the region.
 
“We began operating in Asia two years ago and have witnessed steady growth, primarily within the expat community,” shared Jorge E. Falcón, Executive Vice President of PA Group. In a recent interview with International Adviser, Falcón explained the company’s decision to establish operations in Malaysia. “With vast possibilities for growth, cultural acceptance of our products combined with political stability, Malaysia has all the right ingredients for a winning formula for our company.”

http://mrem.bernama.com/viewsm.php?idm=24955

#AirAsiaMAKNA special edition T-shirts are now available for ONLINE purchase!

Grab your pilot or cabin crew designed t-shirts via makna.org.my/airasiamakna now!
 
SEPANG, July 31 (Bernama) -- The limited edition #AirAsiaMAKNA T-shirts, featuring the iconic AirAsia captain and flight attendant uniforms are now available for purchase online at MAKNA’s online store.

http://mrem.bernama.com/viewsm.php?idm=24952

Thursday 30 July 2015

The Danish Crown Prince Opens Arla's New Business Region In Asia

His Royal Highness Crown Prince Frederik from Denmark opens the new Arla office in Kuala Lumpur, Malaysia. It will be the main office for all of the company’s activities in Asia and a regional leader will set the strategy for all activities within retail and foodservice in Asia. 
 
PETALING JAYA, July 30 (Bernama) -- Arla Foods officially opened its new regional office for Asia today with the presence of representatives from Malaysian Ministries and European embassies. The Danish Crown Prince Frederik delivered the opening address, after which Arla’s products was presented and sampled. “We are very proud that the Crown Prince is opening our new head office in Kuala Lumpur. This sends a strong signal about our ambitious plans for the Asian market,” says Jesper Colding, senior vice president for Arla’s Asian business unit.

http://mrem.bernama.com/viewsm.php?idm=24951

RISO (SG) PTE. LTD., the Singapore Subsidiary of RISO KAGAKU CORPORATION, Now Open

TOKYO, July 30 (Bernama-BUSINESS WIRE)-- RISO (SG) PTE. LTD. (located in Singapore, Hiromasa Nakajima, Managing Director, hereafter, RISO (SG)), held an opening ceremony on 29 July 2015.
 
RISO (SG) was established as a wholly owned subsidiary of RISO KAGAKU CORPORATION. The plan is for RISO (SG) to expand sales within Singapore of RISO’s main products, ComColor, the high-speed color inkjet printer, and RISOGRAPH, the digital duplicator, building on the foundation laid by years of dealer sales work there.

http://mrem.bernama.com/viewsm.php?idm=24949

H.B. Fuller Breaks Ground on New Facility in Indonesia

Future Manufacturing Capability to Support Profitable Growth in Southeast Asia
 
ST. PAUL, Minn., July 30 (Bernama-GLOBE NEWSWIRE) -- H.B. Fuller (NYSE:FUL) announced today that the company broke ground on its future manufacturing facility in Surabaya, Indonesia. This future facility will strengthen H.B. Fuller's network in the Asia Pacific region and will complement the products and technical service offered today by the company's manufacturing facilities in China, the Philippines, Malaysia and Australia.

http://mrem.bernama.com/viewsm.php?idm=24948

Descartes Signs Agreement With SAP to Enhance Transportation Management Connectivity, Collaboration and Regulatory Compliance

WATERLOO, Ontario, July 30 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, today announced that it has signed a software development cooperation agreement with SAP SE (NYSE:SAP). The partnership provides customers with an end-to-end business-content network for logistics collaboration and connectivity by creating a logistics message exchange between Descartes' cloud-based Global Logistics Network (GLN) and the SAP® Transportation Management (SAP TM) application.

http://mrem.bernama.com/viewsm.php?idm=24947

Wednesday 29 July 2015

NSW Open for Business at Boao Forum

SYDNEY, July 29 (Bernama-BUSINESS WIRE) -- The leader of the Australian state of New South Wales (NSW) Premier Mike Baird today welcomed delegates arriving in Sydney to attend the prestigious Boao Forum for Asia (BFA) conference.
 
Mr Baird was joined by NSW Minister for Trade, Tourism and Major Events Stuart Ayres and BFA Secretary General Zhou Wenzhong at Circular Quay on the iconic Sydney Harbour foreshore.

http://mrem.bernama.com/viewsm.php?idm=24945

5% Cash Rebate for UnionPay Transactions at 60 Thousand Online Retailers in South Korea

SHANGHAI, China, July 29 (Bernama) -- UnionPay International announced on July 28, that about 60,000 online merchants in South Korea now offer exclusive 5% cash rebate upon purchases made with UnionPay cards (with card number starting with 62). The marketing event applies to all UnionPay cards issued outside South Korea, and covers almost all Korean online merchants accepting UnionPay online payment, including various well-known online retailers specializes in cosmetics, garment, food, groceries, mother and baby products. 

http://www.bernama.com/bernama/v8/newsindex.php?id=1156497

Gordagen Appoints Gregory Macosko to Board of Directors


MELBOURNE, Australia, July 29 (Bernama) --

Mr. Macosko will be the Company's first US-based Board member

29 July 2015, Melbourne, Australia - Gordagen Pharmaceuticals, a private biopharmaceutical and nutraceutical company developing tocotrienols, today announced the appointment of Gregory Macosko to its board of directors, effective August 1, 2015. With this addition, its Board now consists of 5 directors of which 3 directors are non-executive and independent.

http://www.bernama.com/bernama/v8/newsindex.php?id=1156444

Western Union Celebrates its 20th Anniversary in Africa

ACCRA, Ghana, July 29 (Bernama-BUSINESS WIRE) -- Western Union Company (NYSE:WU), a leader in global payment services, today celebrated its 20th anniversary in Africa. With over 34,000 locations and connections to millions of bank accounts and mobile wallets in more than 50 countries and territories, across Africa, the Western Union network serves millions of senders and receivers with a choice of 120 currencies.

http://mrem.bernama.com/viewsm.php?idm=24940

CarDekho Launches CarBay in Malaysia & Thailand

Award-winning Product now in Malaysia & Thailand
 
JAIPUR, India, July 29 (Bernama-BUSINESS WIRE)-- After dominating the auto portal category in India, Girnar Software owned CarDekho has launched CarBay.my in Malaysia and Thailand.CarBay.com in Thailand. Both websites feature the product that established clear leadership for CarDekho.com in India, among many other honors, the winning of "Website of the Year" 3 times in the past 4 years vindicates their success in the Indian subcontinent.

http://mrem.bernama.com/viewsm.php?idm=24939

A.M. Best Affirms Ratings of Youi NZ Pty Limited

SINGAPORE, July 29 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Youi NZ Pty Limited (Youi NZ) (New Zealand). The outlook for both ratings remains stable.
 
Youi NZ is a startup non-life insurer that commenced underwriting New Zealand risks in July 2014. The company is wholly owned by Youi Holdings Pty Ltd (Australia), which in turn is controlled by OUTsurance Holdings Limited (South Africa).

http://mrem.bernama.com/viewsm.php?idm=24938

NTT Communications Wholly Acquires PT. Cyber CSF, Indonesian Data Center Service Provider

24 MVA total power and 2,800 racks in central Jakarta
 
TOKYO, July 29 (Bernama-BUSINESS WIRE)-- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), announced today that it signed an agreement recently to wholly acquire PT. Cyber CSF (Cyber CSF), a data center service provider headquartered in Jakarta, Indonesia.

http://mrem.bernama.com/viewsm.php?idm=24937

Tuesday 28 July 2015

NTT Communications Offers World's 1st Speech-recognition API for Multiple Browsers at No Charge

This and Other Services Offered via SkyWay WebRTC Platform
 
TOKYO, July 28 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), announced today the world’s first speech-recognition application programming interface (API) compatible with multiple browsers, available for no charge on SkyWay, the company’s open platform for Web-based (browser) real-time communications (WebRTC), effective immediately. SkyWay is NTT Com’s free platform for leveraging WebRTC technologies.

http://mrem.bernama.com/viewsm.php?idm=24936

Vital Images, Inc. Introduces Image Management and Business Intelligence Solutions to Australia and New Zealand Markets at RADaim 2015

VioSuite™ Image Management and Vitality Solutions™ Business Intelligence Product Suites Deliver Unique Products and Services for Enterprise Image Management, Analytics and Business Intelligence
 
GOLD COAST, Australia, July 28 (Bernama-GLOBE NEWSWIRE) -- Vital Images, Inc., a Toshiba Medical Systems Group Company, introduces VioSuite Image Management and Vitality Solutions Business Intelligence product families, which provide healthcare administrators with a robust set of tools to improve system-wide image access and image data analytics. VioSuite and Vitality Solutions, as well as the company’s flagship products VitreaAdvanced® and VitreaView® software, will be showcased at the annual RADaim conference within the Toshiba Australia Pty Limited booth.

http://mrem.bernama.com/viewsm.php?idm=24935

ConforMIS, Inc. to Host Second Quarter 2015 Financial Results Conference Call and Webcast on August 11, 2015

BEDFORD, Mass., July 28 (Bernama-GLOBE NEWSWIRE) -- ConforMIS, Inc. (NASDAQ:CFMS) announced today that it will host a conference call on Tuesday, August 11, 2015 at 8:30 a.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2015. To participate in the conference call, please call 877-703-9876 (or 616-548-5612 for international) and use conference ID number 95443100.
 
The conference call will be hosted by Philipp Lang, MD, MBA, President and Chief Executive Officer, and Paul Weiner, Chief Financial Officer. The company will issue a news release announcing its second quarter 2015 financial results on Tuesday, August 11, 2015, prior to the conference call.

http://mrem.bernama.com/viewsm.php?idm=24934

Monday 27 July 2015

Nasdaq Launches 'NFX' to Trade Energy Derivatives

New Exchange Will List Key Energy Benchmarks Including Oil, Natural Gas and US Power
 
NEW YORK and CHICAGO, July 27 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that its US-based Nasdaq Futures, Inc. (NFX) will officially launch today. The platform will initially offer futures and options on oil, natural gas and US power benchmarks, with a fee holiday for the first nine months of trading. All products will be cleared through The Options Clearing Corporation (OCC).

http://mrem.bernama.com/viewsm.php?idm=24932

A.M. Best Comments on Ratings of Meiji Yasuda Life Insurance Company Following Acquisition Announcement

HONG KONG, July 27 (Bernama-BUSINESS WIRE)-- A.M. Best has commented that the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan) remain unchanged following its announced acquisition of StanCorp Financial Group, Inc (StanCorp) [NYSE:SFG].
 
This rating commentary follows the July 24, 2015, announcement by Meiji Yasuda that it has entered a definitive agreement to acquire a 100% stake in StanCorp. The acquisition price is USD 115 per share in cash totaling approximately USD 5.0 billion (approximately JPY 624 billion). The transaction is expected to close in the first-quarter of calendar year 2016, subject to the required regulatory approvals.

http://mrem.bernama.com/viewsm.php?idm=24931

A.M. Best Affirms Ratings of TOWER Limited and TOWER Insurance Limited

SINGAPORE, July 27 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of TOWER Insurance Limited (TIL). A.M. Best also has affirmed the ICR of “bbb-” of the ultimate parent, TOWER Limited (TL). The outlook for all ratings remains negative. All companies are domiciled in New Zealand.
 
The rating affirmations mainly reflect TIL’s favorable risk-adjusted capitalization and good operating performance.

http://mrem.bernama.com/viewsm.php?idm=24930

Friday 24 July 2015

NASDAQ ANNOUNCES QUARTERLY DIVIDEND OF $0.25 PER SHARE

NEW YORK, July 24 (Bernama-GLOBE NEWSWIRE) -- The Board of Directors of The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has declared a regular quarterly dividend of $0.25 per share on the company's outstanding common stock. The dividend is payable on September 25, 2015, to shareowners of record at the close of business on September 11, 2015. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

http://mrem.bernama.com/viewsm.php?idm=24925

REVO PARTNERS WITH BONO TO FIGHT VISION IMPAIRMENT AND UNNECESSARY BLINDNESS

"Buy Vision, Give Sight" Campaign Will Help More than 5 Million People by 2020 
Brien Holden Vision Institute to Implement Program with Local Partners 
 
NEW YORK, July 24 (Bernama-GLOBE NEWSWIRE) -- Eyewear brand Revo and U2 lead singer Bono announced a partnership today to help prevent vision impairment and blindness in more than 5 million people by 2020. The initiative, dubbed "Buy Vision, Give Sight," will drive $10 million to the fight to improve access to eye screening, prescription glasses and eye health care in under-resourced communities around the world.

http://mrem.bernama.com/viewsm.php?idm=24926

UNIONPAY CARDS CAN BE USED IN MORE THAN 1,200 OVERSEAS EDUCATIONAL INSTITUTIONS FOR SAFE AND CONVENIENT TUITION PAYMENT

SHANGHAI, China, July 24 (Bernama) -- UnionPay International announced on July 23 that the number of overseas educational institutions, including high schools, colleges and universities accepting UnionPay cards for tuition payment has risen to more than 1,200. The service is available in countries and regions for studying abroad such as the US, Canada, Australia, England, New Zealand, Hong Kong and Taiwan and covers many prestigious universities.

According to Cai Jianbo, CEO of UnionPay International, students studying abroad and their families are important customers. UnionPay International is dedicated to creating an all-dimensional payment service system for overseas students. Featuring security and convenience, the system covers a series of services including tuition payment, daily withdrawal and card swiping, establishment of student grant and other relevant services.

http://mrem.bernama.com/viewsm.php?idm=24927

Wednesday 22 July 2015

SMARTSTREAM'S CONTINUED DEVELOPMENTS IN CORPORATE ACTIONS PROCESSING IS CERTIFIED BY SWIFT

LONDON, July 22 (Bernama-BUSINESS WIRE) -- SmartStream, the financial Transaction Lifecycle Management (TLM®) specialist, today announced that its TLM Corporate Actions solution has again been awarded SWIFT Certified Application status. The SWIFT programme follows a strict process - certifying the application is fully compliant with SWIFT corporate actions messaging standards.

This rigorous technical validation and the interpretation of industry standards is key when complying with the SWIFT network. Even though SWIFT messages are established as the message standard for corporate action announcements and processing, many companies struggle with the complexity of the messages and the protocol across the lifecycle of the event. SmartStream's TLM Corporate Actions solution frees firms from this costly process, providing SWIFT message support out-of-the box. Corporate actions processing is a highly complex area and as volumes continue to rise, manual processing represents a risk to financial institutions. Automating corporate actions processing with exception controls provides enhanced risk management, whilst at the same time controlling back-office costs.

http://mrem.bernama.com/viewsm.php?idm=24913

Thursday 16 July 2015

GORDAGEN APPOINTS DR. ROCCO IANNELLO AS DIRECTOR OF BUSINESS DEVELOPMENT

MELBOURNE, Australia, July 16, 2015 /Medianet International-AsiaNet/

-- Dr. Iannello brings cross-disciplinary and licensing skills to build traction for Gordagen’s diverse portfolio

-- Cardiologist and Associate Professor, David Prior, to join Scientific Advisory Board to assist in development of Hyperlipidemia prescription product

CASIO RELEASES IPHONE APP THAT LETS USERS COMPOSE ORIGINAL MUSIC BY SINGING OR WHISTLING MELODY AND UPLOAD IT TO YOUTUBE

TOKYO, July 16 (Bernama) — Casio Computer Co., Ltd., on July 16 announced the Chordana Composer Version 2.0, an iPhone app that enables users to automatically compose a musical piece from a short melody when inspiration hits. The app is available now at the iTunes App Store from July 16. Please check the price at the App Store. Users already in possession of Chordana Composer will receive the update free of charge.

http://mrem.bernama.com/viewsm.php?idm=24883

Wednesday 15 July 2015

FIRST TRUST SWITCHES 10 ALPHADEX(R) ETFS TO THE NASDAQ STOCK MARKET

NEW YORK, July 15 (Bernama-GLOBE NEWSWIRE) -- Nasdaq today announced that First Trust will transfer the 10 AlphaDEX® exchange traded-funds (ETFs) from NYSE Arca to be listed on The Nasdaq Stock Market® on or about Tuesday, July 14, 2015. Each fund will list and trade its shares on Nasdaq under the same ticker symbol as was used on NYSE.
 
"We are thrilled to expand our ETF relationship with First Trust. The transfer of these 10 ETFs is evidence of First Trust's confidence that the Nasdaq Marketplace is a leader in ETF listing and trading," said Jeffrey McCarthy, Head of ETP Listings at Nasdaq. "Additionally these products exemplify the importance of exchange listing diversification and how Nasdaq is positioned to provide multi-faceted solutions to ETF issuers by supporting index creation, calculation, listing and trading-through the benchmark switch of these funds to Nasdaq Indexes. We look forward to continuing our successful partnership with First Trust and the AlphaDEX team in the future."

http://mrem.bernama.com/viewsm.php?idm=24877

BDO MALAYSIA APPOINTS CHAIRMAN

KUALA LUMPUR, July 15 (Bernama) -- BDO Malaysia has appointed Dato’ Feizal Mustapha as Chairman.

Dato’ Feizal, aged 48, joined BDO Malaysia in 2012 as Executive Director of the Advisory Division, taking the lead in advising clients on capital market transactions.


http://mrem.bernama.com/viewsm.php?idm=24872

Saturday 11 July 2015

VERIFONE APPOINTS NEW LEADERS IN ASIA PACIFIC AND CHINA

SAN JOSE, Calif, July 10  (Bernama-BUSINESS WIRE) -- Verifone (NYSE: PAY) today announced the appointment of Steve Aliferis as president of Asia Pacific. Additionally, the company announced the appointment of Arthur Jiang as senior vice president and general manager for China, which was recently established as a separate region reporting to CEO Paul Galant.

http://mrem.bernama.com/viewsm.php?idm=24836

MERGER TO CREATE A NEW GLOBAL LEADER AND CHALLENGER IN THE BEAUTY INDUSTRY

NEW YORK, July 10 (Bernama--BUSINESS WIRE) -- Coty Inc. (NYSE:COTY) announced today the signing of a definitive agreement to merge The Procter & Gamble Company’s (NYSE:PG) fine fragrance, color cosmetics, and hair color businesses (“P&G Beauty Business”) into Coty through a tax-free Reverse Morris Trust transaction. The transaction is based on a proposal by Coty valuing the P&G Beauty Business at approximately $12.5 billion at the time the proposal was made. Following the transaction, P&G shareholders will own 52% of all outstanding shares on a fully diluted basis (inclusive of all outstanding equity grants), while Coty’s existing shareholders would own 48% percent of the combined company.

The transaction will instantly create one of the world’s largest beauty companies, with pro forma combined annual revenues of more than $10 billion based on fiscal year 2014 performance, strengthening its leadership position in the $300 billion global beauty industry. Together with P&G’s businesses, Coty is expected to become the global leader in fragrances and to significantly enhance its position in color cosmetics.

http://mrem.bernama.com/viewsm.php?idm=24835

Friday 10 July 2015

Light Reaction Taps Karl Elken and Auke Boersma as Managing Directors

Elken to Serve as Managing Director, the Americas; Boersma Joins as Managing Director, Asia-Pacific
 
NEW YORK, July 10 (Bernama-BUSINESS WIRE) -- Light Reaction, a mobile-first performance advertising business that is part of Xaxis, announced today the hiring of Karl Elken and Auke Boersma to serve as managing directors. Elken joins as managing director, the Americas and Boersma will serve as managing director, Asia-Pacific (APAC). The new hires will spearhead the growth of Light Reaction’s outcomes based, pay-for-performance media model across their respective markets, working with advertisers, publishers and partners to deliver highly accountable results for global brands.

http://mrem.bernama.com/viewsm.php?idm=24834

King Living Opens Singapore Showroom

SINGAPORE, July 10 (Bernama-BUSINESS WIRE)-- Award-winning international furniture designer, manufacturer and retailer, King Living, has opened the doors to its newest Showroom at 22 Kallang Avenue, #01-00 Hong Aik Building, Singapore.
 
A destination for high-quality modular sofas, chairs, beds, dining and outdoor furniture, King Living offers Singaporeans new ideas, inspiration and solutions for all areas of their home.

http://mrem.bernama.com/viewsm.php?idm=24833

Thursday 9 July 2015

Fiserv Clients in Asia Pacific Recognized for Excellence with Industry Awards

BROOKFIELD, Wis. & SINGAPORE, July 9 (Bernama-BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today the latest in a series of award wins for its clients in the Asia Pacific region with two wins at the Asia Customer Experience in Financial Services (CXFS) Awards. For initiatives executed in conjunction with Fiserv, Bangkok Bank was awarded Best Technology Implementation - Front-End, and Westpac Banking Corporation was awarded Best Omni-Channel Customer Experience. The CXFS Awards recognize industry leaders that are setting new standards in customer experience and engagement for the retail financial services sector.

http://mrem.bernama.com/viewsm.php?idm=24830

Rapid Micro Biosystems Completes $19 Million Senior Credit Facilities

LOWELL, Mass., July 9 (Bernama-GLOBE NEWSWIRE) -- Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, today announced the closing of its $16 million term loan facility with Solar Capital and $3 million revolving credit facility with Comerica Bank. The financing will provide Rapid Micro Biosystems working capital to support the continued global commercialization of its industry leading technology.

http://mrem.bernama.com/viewsm.php?idm=24828

Compass EMP Lists Three New Exchange-Traded Funds on The Nasdaq Stock Market

Alternative Approach Combining Fundamental Criteria With Broad Market Volatility Weighting of Individual Securities
 
NEW YORK, July 9 (Bernama-GLOBE NEWSWIRE) -- Nasdaq(Nasdaq:NDAQ) announced today that Compass EMP, a Victory Capital investment franchise, will list three new exchange-traded funds (ETFs), Compass EMP US Small Cap 500 Volatility Weighted Index ETF (Symbol: CSA), Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (Symbol: CDL) and Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (Symbol: CSB) on The Nasdaq Stock Market®. The funds will begin trading today, July 8, 2015.

http://mrem.bernama.com/viewsm.php?idm=24826

Wednesday 8 July 2015

UNIVERSAL PICTURES INTERNATIONAL KOREA CHOOSES BRANDED MINI-GAMES FOR UPCOMING MOVIE, PIXELS

Branded Mini-Games to be advergame partner for upcoming Hollywood movie Pixels
 
SINGAPORE, July 8 (Bernama) -- Universal Pictures International (UPI) Korea has chosen to partner with Branded Mini-Games to promote their movie Pixels in Korea. Using the Branded Mini-Games platform, UPI Korea will employ a customised, signature mini-game to create interest and hype in the marketing and promotions for the Hollywood movie. Due for its United States release in July, the movie is headlined by leading Hollywood stars including Adam Sandler, Kevin James and Peter Dinklage.   
 
Pixels is a film by Sony Pictures and released by UPI in South Korea. Pixels is a story about aliens intercepting video feeds of classic arcade games from earth and misreading them as a declaration of war, leading to an invasion of earth using these arcade games as models. In the movie, the United States President has to enlist the help of a ragtag team consisting of veteran arcade game players and a military strategist to fend off the aliens and save the planet.

http://mrem.bernama.com/viewsm.php?idm=24816

SBS Consulting Discusses How It Aligns Singapore Company Incorporation Services

The entrepreneurial take-off by Singapore motivates foreign companies to establish their business arms here, says www.SBSGroup.com.sg
 
SINGAPORE, July 8 (Bernama-BUSINESS WIRE) -- “Asia is developing rapidly. In coming decades the entire Asian region is supposed to bring both opportunities and competition to Singapore,” says www.sbsgroup.com.sg, a leading company incorporation portal in Singapore.

http://mrem.bernama.com/viewsm.php?idm=24819

ConforMIS Closes Initial Public Offering

BEDFORD, Mass., July 8 (Bernama-GLOBE NEWSWIRE) -- ConforMIS, Inc. (NASDAQ:CFMS) announced today the closing of its initial public offering of 10,350,000 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts, including 1,350,000 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares at the public offering price, less the underwriting discount.
 
J.P. Morgan and Deutsche Bank Securities acted as joint book-running managers for the offering. Wells Fargo Securities, Canaccord Genuity and Oppenheimer & Co. acted as co-managers.

http://mrem.bernama.com/viewsm.php?idm=24818

Colliers International Expands Operations in Belgium

Adds Leading Asset and Property Management Firm
 
TORONTO, July 8 (Bernama-GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIG) announced today that it has acquired IDB Management ("IDB"), a leading asset and property management firm in Belgium. As part of the transaction, IDB will be rebranded as Colliers International and the principals will lead its asset and property management segment going forward. The terms of the transaction were not disclosed.

http://mrem.bernama.com/viewsm.php?idm=24817

First Trust Nasdaq CEA Cybersecurity ETF Launches on The Nasdaq Stock Market

New ETF Tracks the Nasdaq CEA Cybersecurity Index(SM)
 
NEW YORK, July 8 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced today that First Trust will list one new exchange-traded fund (ETF), the First Trust Nasdaq CEA Cybersecurity ETF (Symbol: CIBR), today, July 7, 2015 on The Nasdaq Stock Market®. The ETF, which is based off of the Nasdaq CEA Cybersecurity IndexSM, is designed to track the performance of companies engaged in the cybersecurity segment of the technology and industrials sectors. It includes companies primarily involved in the building, implementation, and management of security protocols applied to private and public networks, computers, and mobile devices in order to provide protection of the integrity of data and network operations.

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Tuesday 7 July 2015

Malaysia's National Heart Institute Cuts Costs, Boosts Efficiencies with Move to SAP Cloud

KUALA LUMPUR, July 7 (Bernama) -- SAP SE (NYSE: SAP) today announced that Malaysia’s National Heart Institute, the Institut Jantung Negara (IJN) has chosen SAP ERP 6.0 on SAP HANA and SAP Ariba to gain real-time insights into inventory levels, improve workflow efficiency and business processes, while effectively meeting the new Malaysia Goods and Services Tax (GST) Act 2014.
 
Prior to this implementation, IJN employees had to deal with multiple disparate systems to keep track of and manage inventory levels, finances and supply chain. This was not only time-consuming and resource-draining, but also impacted the accuracy of inventory management and forecasting. IJN needed a total healthcare solution that was easy to use, integrated, and had the power to provide accurate analysis and real-time insights. At the same time, with the new GST Act, IJN had to find a solution that was also compliant with the new regulation.

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Free Personal Accident Insurance for KER1M Honorary Member

KUALA LUMPUR, July 7 (Bernama) -- 1 Welfare Association Malaysia (KER1M) has introduced a new Honorary Member Card Touch N Go convenience. KER1M Chairman, Assistant Commissioner Rela YH Dato' Ranjith said the membership card has been introduced since 2013 and now the card is replaced with additional features like Touch N Go and apply for a stay discounts - discounts from various centers offer.

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Global Light Vehicles Forecast to Exceed 100 Million Units in 2019

LONDON, July 7 (Bernama-BUSINESS WIRE)-- Euromonitor International released today new data on the global automotive industry. Light vehicle sales grew 3.9 percent in 2014 to reach 85 million units and forecast to exceed 100 million by 2019.
 
“Asia and the Middle East and Africa represent significant growth potential for small cars as rising incomes allow an ever increasing number of consumers to transition from a motorbike to owning a car for the first time,” said Neil King, automotive analyst at Euromonitor International. “Small cars are forecast to grow 3 percent compound annual growth rate (CAGR) between 2014 and 2030 but this is secondary to the projected CAGR of 4.7 percent for SUVs.”

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A.M. Best Assigns Ratings to Tune GenRe Ltd.

SINGAPORE, July 7 (Bernama)-- A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of "bbb+" to Tune GenRe Ltd. (TGR) (Malaysia). The outlook assigned to both ratings is stable.

The assigned ratings consider TGR's business profile, strong operating results and its business plan over the next three years. As a subsidiary of Tune Ins Holdings Berhad (TIH), TGR's role is to maximize the TIH's group's retention of travel insurance premiums.

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Friday 3 July 2015

airweave Becomes a Partner of FINA to Sponsor FINA World Class Events

airweave Becomes a Partner of FINA to Sponsor FINA World Class Events
 
TOKYO, July 3 (Bernama-BUSINESS WIRE) -- airweave, the top-selling brand of premium bedding toppers and pillows in Japan, will be an official partner of the FÉDÉRATION INTERNATIONALE DE NATATION (FINA) to sponsor the FINA World Championships (2017), and the FINA World Swimming Championships (2016). The company will also become the title partner of the FINA/airweave Swimming World Cup (2015, 2016 and 2017).

http://mrem.bernama.com/viewsm.php?idm=24798

A.M. Best Affirms Ratings of DPL Insurance Limited

SINGAPORE, July 3 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of DPL Insurance Limited (DPL) (New Zealand). The outlook for both ratings is stable.
 
The ratings reflect DPL’s adequate capitalization, favorable claim experiences and high return on assets.

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Dato Iskandar Mahmood appointed Ethos chief; Datuk Omar Mustapha retires

KUALA LUMPUR, July 3 (Bernama) -- Ethos Consulting Sdn Bhd is pleased to announce the appointment of Dato' Iskandar Mizal Mahmood as Managing Partner and Director of the firm effective 1 July 2015. Dato' Iskandar takes over the role of Managing Partner from Puan Natasha Kamaluddin who has been redesignated as Senior Partner and Director of the firm effective the same date. 

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Thursday 2 July 2015

RATAN TATA JOINS JUNGLE VENTURES AS SPECIAL ADVISOR

SINGAPORE, July 2 (Bernama-BUSINESS WIRE) -- Jungle Ventures has announced that Mr. Ratan Tata, Chairman Emeritus of the Indian Conglomerate, Tata Sons, and an iconic business leader of modern India, will come on board as a Special Advisor. Founded by Anurag Srivastava and Amit Anand, Jungle Ventures is an early stage venture capital fund, with a firm focus on helping build innovative technology led companies out of the Asia-Pacific. Jungle has already made investments in 30 leading Asian startups, including the likes of Zipdial (recently acquired by Twitter), LiveSpace, Tradegecko, CrayonData, Fastacash and travelmob (acquired by Nasdaq listed HomeAway). In his role as Special Advisor, Mr. Tata has formally committed to spend time with Jungle’s portfolio of companies to help them build category leadership, while being ethically impregnable and culturally strong, in Asian and global markets.

Founded in 2012, Jungle Ventures is best known for guiding the growth of portfolio companies across Asia, with its ‘operations as a service’ model. Mr. Tata’s coming on board fits seamlessly with Jungle’s vision to build Asia’s foremost platform to support path breaking and high growth ventures in consumer internet and enterprise technology.

http://mrem.bernama.com/viewsm.php?idm=24794