AIAC ARBITRATION RULES SELECTED FOR THE WILLEM C. VIS INTERNATIONAL COMMERCIAL ARBITRATION MOOT

KUALA LUMPUR, May 30 (Bernama) -- The Asian International Arbitration Centre (the “AIAC”) is pleased to announce that its Arbitration Rules have been selected for the 29^th Willem C. Vis International Commercial Arbitration Moot in Vienna, Austria and the 19^th Willem C. Vis East International Commercial Arbitration Moot in Hong Kong SAR in 2022 (collectively referred to as “the Vis Moot”).

The Vis Moot is an international competition for law students designed to foster the study of international commercial law and arbitration through the application of a realistic problem. Since its inception twenty-six years ago, the Vis Moot has encouraged students all over the world to apply a comparative perspective in their legal analysis and advocacy. In 2019, the Vis Moot attracted a record of 372 teams from 84 countries, 1001 registered team coaches and 1498 registered arbitrators to Vienna; while the Vis East Moot brought 137 teams from 28 countries to Hong Kong.

Since 2017, the AIAC has collaborated with the International Court of Arbitration of the International Chamber of Commerce (the “ICC”) to organise a Pre-Moot to the Vis Moot. The Pre-Moot has become a well-known platform for the teams, coaches and arbitrators from around the world. At the 3^rd AIAC-ICC Pre-Moot, held from 22^nd to 24^th March 2019, the AIAC hosted 90 teams with close to 380 participants from 21 countries and 180 hearings with over 300 arbitrators, making it the largest Pre-Moot internationally leading up to the main competitions in Hong Kong and Vienna. As Mr. Vinayak Pradhan, the Director of the AIAC, states that “the AIAC is determined to carry the spirit of inclusivity of the Vis Moot. What makes this Pre-Moot unique is that we welcome non-participating teams at Vienna and Hong Kong to come and experience the Vis Moot through us. Through this initiative, we are able to bring together an outstanding group of law students from Asia who struggle to obtain the resources to get to Vienna or Hong Kong.”

As an arbitration centre established through the agreement between the African Asian Legal Consultative Organisation (AALCO) and the Government of Malaysia, the AIAC is committed to the development and growth of alternative dispute resolution across the globe, especially in Malaysia and Asia. The AIAC is extremely pleased by the recognition of its past and present contributions to the international arbitration community and is delighted to start working on new projects leading up to the application of the AIAC Arbitration Rules internationally in 2022. We truly believe that the use of the AIAC Arbitration Rules in the Vis Moot will not only serve as the most beneficial learning experience for students and arbitration practitioners, but will also increase awareness about Malaysia as a jurisdiction.
 
Source: Asian International Arbitration Centre

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Infogain provides automation solution for multinational Japanese company

KUALA LUMPUR, May 29 (Bernama) -- Infogain will provide its Robotic Process Automation (RPA) Center of Excellence and automate certain business processes for a Japanese multinational consumer products company.

Infogain’s solution will implement automation processes in its subsidiaries across Asia, including Singapore, Thailand and Vietnam.

Infogain’s automation solution, utilising RPA capabilities will reduce manual time, errors and delays in processing, and this will allow for its employees to take on more value-added tasks.

In the long run, this will lead to increased productivity and future growth.

The Silicon Valley-based technology solutions provider has deployed its Automation Practice over 350 bots to the technology, retail, travel and insurance industries. More details at www.infogain.com

-- BERNAMA

The United States records highest MBA salaries

KUALA LUMPUR, May 29 (Bernama) -- Recent graduates with advanced business degree, particularly in the United States (US) are procuring substantial starting salaries, according to the Business School Hiring Report.

The Graduate Management Admission Council released the report based on findings from the annual Corporate Recruiters Survey.

This year, the median annual base starting salary which US employers plan to offer the new MBA hires is US$115,000, more than double the median for new bachelor’s degree hires. (US$1 = RM4.19)

The figure is the highest ever recorded in the US, when adjusted for inflation.

Overall, most employers (56 per cent) plan to increase MBA starting salaries, including employers in Asia-Pacific (63 per cent), US (56 per cent) and Europe (49 per cent).

Median annual base starting salaries vary considerably by world region.

The survey was conducted in partnership with MBA Career Services & Employer Alliance and European Foundation for Management Development.

For this report, over 1,200 employers in 45 countries provided insight into current market and hiring trends among MBA and business master’s graduates. 

-- BERNAMA

72ND WORLD HEALTH ASSEMBLY RESOLUTION ON 'IMPROVING THE TRANSPARENCY OF MARKETS FOR MEDICINES, VACCINES, AND OTHER HEALTH PRODUCTS'

KUALA LUMPUR, May 29 (Bernama) -- The Ministry of Health Malaysia (MOH) welcomes a successful resolution laid out on ‘Improving the Transparency of Markets for Medicines, Vaccines, and Other Health Products’ at the World Health Organization 72nd World Health Assembly (WHA) held on 20^th to 28^th May 2019, Geneva. This was after intense negotiations with Member States to agree with the draft resolution proposed by Italy. Malaysia is one of the initial six (6) co-sponsors (Greece, Italy, Malaysia, Serbia, Spain and Uganda) to the resolution that gradually gained support from nineteen (19) countries (Andorra, Brazil, Egypt, Eswatini, Greece, India, Italy, Kenya, Luxembourg, Malaysia, Malta, Portugal, Russian Federation, Serbia, Slovenia, South Africa, Spain, Sri Lanka and Uganda).

Access to medicines and vaccines is a concern shared by all regions. Malaysia strongly supports the initiative to encourage more transparency and improved policies and actions to ensure fairer pricing and reduction of out-of-pocket payments. The Ministry believes that a sustainable fairer pricing system is needed for both health systems and pharmaceutical industries. This landmark agreement is a first step towards a more open dialogue about price transparency to improve access to medicines.

The resolution urged Member States to undertake measures to publicly share information on prices and reimbursement cost of medicines and improve the public reporting of the patent status information and marketing approval status, among others. A greater price transparency will add as another tool that will change the way drug prices are negotiated by governments and national health systems to fight against the rising cost of healthcare. The Ministry believes this move will help strengthen our government’s negotiating position and enhance our ability to obtain more affordable medicines for our people.

The Ministry has put in various measure to increase access to medicines such as pool procurement between inter-ministries, active price negotiations, as well as involvement in research and development (R&D) through partnership by Clinical Research Malaysia (CRM) with R&D institutions such as Drugs for Neglected Diseases initiative (DNDi). We will continue our efforts to improve universal access to medicines and affordable medicines, as one of the components in the National Medicines Policy, where the cost of drugs should not be a barrier for Malaysians to get quality health care. This is in line with our commitment of Universal Health Coverage (UHC), in which people’s interest come first to ensure universal access of medicine to the Malaysian people.

Our decision and motivation to support this resolution has always been our patients and the people of Malaysia. We hope to see more positive steps and policies in the near future to see the transparency resolution come to fruition.

Datuk Dr Noor Hisham bin Abdullah
Director General of Health
29 May 2019
 
SOURCE : Ministry of Health Malaysia 

PRUDENTIAL BSN TAKAFUL RECOGNISED FOR ITS OUTSTANDING BUSINESS PERFORMANCE, TALENT AND COMMUNITY INITIATIVES

Takaful operator wins multiple awards at MTA Takaful StarNite Awards 2019

KUALA LUMPUR, May 28 (Bernama) -- Prudential BSN Takaful Berhad (PruBSN) was honoured for its outstanding business performance and contributions to the takaful industry at the Malaysian Takaful Association’s Takaful StarNite 2019 awards ceremony, held at Istana Budaya on 4 May.

PruBSN brought home the coveted award for Best Takaful Operator (Agency Family Takaful Business), the Corporate Social Responsibility (CSR) and Race for Cover for PruBSN Warisan special awards, as well as received top honours for its Takaful Consultants in six categories. The company has been conferred the Best Takaful Operator (Agency Family Takaful Business) title for five years successively, and the CSR special award for four years.

PruBSN Chief Marketing Officer Wan Saifulrizal Wan Ismail commented, “We are honoured to receive these prestigious recognitions, which are testament to PruBSN’s strong growth and focus on innovation, as well as the passion and dedication of our talented people in delivering world-class solutions and services to its loyal customers.”

PruBSN is actively promoting health awareness among Malaysians and help close the protection gap across various market segments. As a preventive healthcare measure for its customers, PruBSN partners with panel hospitals to offer complimentary vaccination. The recent years also witnessed PruBSN forming strategic partnerships with health tech companies as ways to provide value-added services that will empower Malaysians to take charge of their personal health anytime, anywhere. Through its PruBSN Microtakaful Jariyah initiative, the first takaful plan of its kind in Malaysia, the company provides a 12-month basic family takaful coverage at no cost to help alleviate the burden of families below the national poverty line. PruBSN further introduced Ihsan rider plan with its latest offering PruBSN AnugerahPlus, whereby customers can also contribute towards the Microtakaful Jariyah initiative from as low as RM5 per month.

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THE REAL ESTATE OF POTENTIAL: PROPERTY HUB AND CODE ZERO BRANDCARD EXPLORE THE UNIQUE LINK BETWEEN PROPERTY AND EXPERIENCE THRU TECHNOLOGY

KUALA LUMPUR, May 31 (Bernama) -- 

THE WORLD FIRST BRAND CARD

Property Hub Sdn.Bhd. is proud to announce its collaboration with Code Zero Technology Sdn. Bhd on 30 May 2019. A pioneer in the cutting-edge technology platform the Zero BrandCard App - The World’s First Brand Card, Made in Malaysia. The two award-winning brands are both proudly Malaysian have joined forces for a collaboration that celebrates the unique link between property and experience thru technology.

The Code ZeroBrand app will enable  Property Hubs Management and its Real Estate Negotiators (Hubbers) to have a singular business networking tool, where users own their own digital card complete with their information and branding identity, and seamlessly share and exchange cards on the go.

Property Hub is one of the first property brands in the world to launch the  ZERO Brand Card for its 130 Hubbers over three Hubs: Mont Kiara, KLCC, and Sabah.

CONNECT, ENGAGE & SHARE

Hubbers will benefit from a fully digitised network platform that enable them to exchange branded professional business and personal brand cards to send to individuals anywhere in the world and groups in seminars and exhibitions all from their mobile phone.

The platform integrates all Property Hub assets, company details, location, website, social media, videos and portable document format (PDF) seamlessly and dynamically! Contacts will find all relevant information in one micro-site effectively
and efficiently.

Property Hub will also be able to post updates, comments and stay engaged with their community through the social feed. This new technology is the foundation for Property hub to realise its promise to be The Real Estate of Potential for users and customers alike and last but not least, the Mother Earth! 

ABOUT PROPERTY HUB
 
Property Hub - The Real Estate of Potential 

Property Hub is an Award-Winning Real Estate Agency in Klang Valley who won the Residential Agency of The Year at the Malaysian Institute of Estate Agents (MIEA) National Real Estate Awards for six consecutive years, from 2012 to 2017.
 
Property Hub was founded on a dream and that dream is to empower and enrich Malaysians through real estate.

Specialist in award-winning and high-end residential and commercial properties in Kuala Lumpur and around Klang Valley. Property Hub has three Hubs in Malaysia. Mont Kiara the International hi-end residential neighborhood, KLCC the heart of the Nation’s Capital and business district and the Eastern hub of Sabah home to the iconic Mount Kinabalu.

The brand is positioned as Malaysia’s Multi-Cultural Property Agency with its Property Hub 360 Platform to enhance the team's career development and personal brands.

This experiential platform combines award-winning consulting to provide a Premier real estate experience. This dedication to passion and professionalism is achieved thru its Potential Training (Certification ) for its Hubbers.. 

http://mrem.bernama.com/viewsm.php?idm=34683

THE REAL ESTATE OF POTENTIAL: PROPERTY HUB AND CODE ZERO BRANDCARD EXPLORE THE UNIQUE LINK BETWEEN PROPERTY AND EXPERIENCE THRU TECHNOLOGY

KUALA LUMPUR, May 31 (Bernama) -- 

THE WORLD FIRST BRAND CARD

Property Hub Sdn.Bhd. is proud to announce its collaboration with Code Zero Technology Sdn. Bhd on 30 May 2019. A pioneer in the cutting-edge technology platform the Zero BrandCard App - The World’s First Brand Card, Made in Malaysia. The two award-winning brands are both proudly Malaysian have joined forces for a collaboration that celebrates the unique link between property and experience thru technology.

The Code ZeroBrand app will enable  Property Hubs Management and its Real Estate Negotiators (Hubbers) to have a singular business networking tool, where users own their own digital card complete with their information and branding identity, and seamlessly share and exchange cards on the go.

Property Hub is one of the first property brands in the world to launch the  ZERO Brand Card for its 130 Hubbers over three Hubs: Mont Kiara, KLCC, and Sabah.

CONNECT, ENGAGE & SHARE

Hubbers will benefit from a fully digitised network platform that enable them to exchange branded professional business and personal brand cards to send to individuals anywhere in the world and groups in seminars and exhibitions all from their mobile phone.

The platform integrates all Property Hub assets, company details, location, website, social media, videos and portable document format (PDF) seamlessly and dynamically! Contacts will find all relevant information in one micro-site effectively
and efficiently.

Property Hub will also be able to post updates, comments and stay engaged with their community through the social feed. This new technology is the foundation for Property hub to realise its promise to be The Real Estate of Potential for users and customers alike and last but not least, the Mother Earth! 

http://mrem.bernama.com/viewsm.php?idm=34683