Wednesday, 25 September 2019

smartTrade extends ongoing relationship with National Australian Bank

KUALA LUMPUR, Sept 24 -- Multi-asset, end-to-end trading solutions leader, smartTrade Technologies has announced the extension of its ongoing relationship with National Australian Bank (NAB), Australia’s leading bank for businesses.
NAB FX business is powered by LiquidityFX, smartTrade’s sophisticated and flexible end-to-end trading platform. LiquidityFX was selected in 2014 as a market connectivity solution for NAB, offering a mature, quick to market solution, according to a statement.
“This partnership’s extension and development is proof of a successful implementation with managed, hosted and collocated services and the capability of covering NAB FX market connectivity, aggregation and distribution needs,” said smartTrade Technologies chief executive officer, David Vincent.
smartTrade has an excellent track record of delivering business coverage in challenging time frames while meeting regulatory requirements. It will also increase its local presence by hiring additional personnel that will be based in Australia.
-- BERNAMA

Rise of China´s Tianjin as global smart manufacturing centre

KUALA LUMPUR, Sept 23 -- China’s Tianjin is in the top 10 of the 50 leading global smart manufacturing centres rated this year, based on the impressive performance of Tianjin Binhai New Area.

In a statement, the Media Convergence Center with Tianjin Binhai New Area said the rating indicated robust growth potential in smart manufacturing and urban development.

With a focus on strengthening industrial cultivation and intelligent technology, Binhai New Area has invested 800 million yuan to support 293 intelligent manufacturing projects to promote industrial transformation and upgrading in an all-round way. (100 yuan = RM58.66)

The proportion of intelligent manufacturing in Binhai New Area's economy has exceeded 50 per cent, with a world-class advanced manufacturing industrial base in the making.

The new area currently has eight competitive industrial chains in smart manufacturing, including Autonomous & Controllable; Big Data + Cloud Computing; Robotics + Unmanned Equipment; and, Industrial Internet + Intelligent Manufacturing.

-- BERNAMA

Tuesday, 24 September 2019

CHINA'S HANGZHOU PRESENTS CREATIVE STORYTELLING OF GLOBAL CULTURES

HANGZHOU, China, Sept. 24, 2019 /Xinhua-AsiaNet/--
 
The 13th (2019) Hangzhou Cultural and Creative Industry Expo was held in the eastern Chinese city from Sept. 19 to 23 in bid to boost the city's cultural industry and global charm, according to the Publicity Department of Hangzhou Municipal Government.
 
"Culture is enriched in exchanges and mutual learning," said Zhou Jiangyong, Hangzhou's municipal committee secretary of the Communist Party of China (CPC) and member of the standing committee of Zhejiang provincial CPC committee. "Hangzhou has a long and profound history and a holy place that demonstrates the 5,000-plus years' history of Chinese civilization. We will use cultural creativity to tell the stories of Hangzhou, Zhejiang and China, and strengthen cultural exchanges, mutual learning and cooperation with other countries to further enhance Hangzhou's international competitiveness and influence."

Held for 13 years since 2007, the expo has not only witnessed the changes and development of China's cultural industry, but also increasingly become a link of cultural exchanges between the East and the West.
 
The five-day event attracted more than 400 foreign exhibitors from 53 countries and regions. Over 2000 cultural enterprises and organizations from all over the
world displayed their products and services in eight exhibition areas. The common pursuit of creativity for a better life in different cultural backgrounds around the world was demonstrated via this international platform.
 
The expo has attracted more than 286,000 people to participate in exhibitions and other activities, and the total amount of on-site transactions and signed projects reached 16.75 billion yuan (of which the project financing exceeded 15 billion yuan), a record high in performance.
 
In the main exhibition area, cultural works from Italy, Britain, Switzerland and other countries are on display, featuring fashion, design, manufacturing, culture and food elements. The theme exhibition area of Hangzhou is of oriental zen style, with more than 30 Chinese national arts and crafts masters and old artists exhibiting their works of the highest contemporary industrial level. The curtains and shadows create an atmosphere of flowing clouds and running water, evoking a poetic scenario. Every piece of these delicate works demonstrates the peak level of Chinese aesthetics.
 
It is worth mentioning that the expo set up the British national theme exhibition area for the first time last year, attracting more than 130 well-known British cultural enterprises and institutions to display nearly 1,000 pieces of local cultural and creative products. The expo continued to hold the national theme day section this year, inviting Italy as the guest of honour and launching a series of related cultural exhibitions and exchange activities.
 
The Leaning Tower of Pisa, gondolas of Venice, and even the balconies of Romeo and Juliet are recreated in an immersive block arrangement. Tuscan craftsmanship, Milan fashion, Rome history, Verona story fill the exhibition area of 1,000-plus square meters, with fresh cultural products from over 60 brands from the Apennines Peninsula presenting the romantic Mediterranean style. CLAMORI's third-generation successor Lella Amato may pick the best "grandma bag" for you.
 
Italy's Verona is no stranger to most Hangzhou people, as Verona, the West Lake, the Grand Canal and the Archaeological Ruins of Liangzhu Ancient City were listed on the World Cultural Heritage List successively. The two historic cities are bonded by cultural heritage.
 
The friendly exchanges between China and Italy in commodities, trade, art and culture could be traced back to 2000 years ago, Ludovica Murazzani, commercial consul of the Italian Consulate General in Shanghai, said at the opening ceremony.
 
As a guest of honor, Italy will show its Hangzhou friends Italian culture and lifestyle in an all-round manner. The year of 2020 will mark the 50th anniversary of the establishment of China-Italy diplomatic relations and the year of traditional Chinese medicine culture and tourism. Italy will follow in the footsteps of Marco Polo to deepen bilateral cultural and creative exchanges and cooperation to inspire infinite possibilities, she said.
 
Preliminary statistics showed that the added value of the cultural industry in Hangzhou reached 180.9 billion yuan in 2018, and Hangzhou has risen to the country's top club in terms of the scale and contribution of the sector. Hangzhou will further develop its cultural industry, and the expo is expected to provide important support for Hangzhou to build an international cultural and creative center to highlight the fresh charm of this famous historical and cultural city.
 
As a famous historical and cultural city in China and depicted as "the finest and most splendid city in the world" by Marco Polo, Hangzhou has been the source of inspiration for the most outstanding Chinese artists, writers and poets for over one thousand of years. Nowadays, the innovative and digital-driven cultural industry enables Hangzhou to continue its cultural exchanges with the world and tell wonderful oriental stories with cultural.
 
Source: The Publicity Department of Hangzhou Municipal Government
 
Image Attachments Links:
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--BERNAMA

MARY KAY, IN COLLABORATION WITH UN AGENCIES, LAUNCHES WOMEN'S ENTREPRENEURSHIP ACCELERATOR

Strategic Partnership Will Invest in Female Entrepreneurship Around the World
 
DALLAS, Sept 24 (Bernama-BUSINESS WIRE) -- Today, Mary Kay Inc., a leading advocate of women’s empowerment and entrepreneurship, announced the Women’s Entrepreneurship Accelerator, a multi-partner initiative designed to inspire, educate, and empower women entrepreneurs around the world. With no qualifying barriers to participate, the ground-breaking initiative is a strategic collaboration developed in consultation with six United Nations agencies: UN Women, United Nations Office for Partnerships (UNOP), International Labour Organization (ILO), International Trade Centre (ITC), UN Global Compact (UNGC), and the United Nations Development Programme (UNDP).

The Accelerator will offer a guided digital curriculum supplemented by on-the-ground training and mentorship. In addition, it will serve as an advocacy platform to eliminate entrepreneurial roadblocks for women, ranging from digital literacy to legal reform—enabling women to fully participate in the growth of their local and national economies. The Accelerator will support global efforts to encourage businesses to establish and expand relationships with women-owned businesses, including corporate procurement. Future expansion of the program will include funding opportunities accessible to women who complete the curriculum.

“Mary Kay has empowered women through entrepreneurship and supported their aspirations for financial security and independence for more than 56 years,” said Deborah Gibbins, Chief Operating Officer of Mary Kay. “Private and public-sector organizations must work together to ensure all women entrepreneurs have access to the tools and education they need to make their dreams of financial independence a reality, lifting up their families and communities.”

The Women’s Entrepreneurship Accelerator initially will be available in six languages, with more to come as the program expands to 192 countries. The Accelerator also will convene an advisory committee of entrepreneurs, celebrities, and advocates to oversee the expansion and promotion of the program.

“An informed woman with money in her pocket, is an empowered woman. With the growing number of female innovators active today, women’s entrepreneurship and empowerment are strongly on the rise,” said Phumzile Mlambo-Ngcuka, Executive Director of UN Women. “The advocates from across the world who are joining forces to create the Women’s Entrepreneurship Accelerator will enable more women than ever to become knowledgeable entrepreneurs, cultivate financial independence, and support their local communities.”

“At ITC we look forward to joining the Women’s Entrepreneurship Accelerator through our SheTrades Initiative to achieve real progress on achieving SDG5 to empower all women and girls,” said Arancha González, Executive Director of the International Trade Centre. “With this partnership we will empower women and girls to pursue their entrepreneurship dreams, and equip them with the skills needed to turn those dreams into business success.”

The Women’s Entrepreneurship Accelerator is the latest in a series of recent steps taken by Mary Kay to empower women and improve their lives around the world. Earlier this year, Mary Kay added its name to a growing roster of businesses and corporations committing to the Women’s Empowerment Principles, a joint project of the UN Global Compact and UN Women developed to emphasize the business case for corporate action to promote gender equality. Mary Kay is also a signatory of the UN Global Compact, the world’s largest corporate sustainability initiative. During the United Nations General Assembly, Mary Kay will sponsor the WE Empower UN SDG Challenge, the first global business competition for women entrepreneurs convened by renowned fashion designer Diane von Furstenberg.

To learn more about the Women’s Entrepreneurship Accelerator, visit www.WE-accelerate.com.

About Mary Kay

One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company more than 55 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, nutritional supplements, and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time. Learn more at www.marykay.com.

About UN Women

UN Women is the United Nations entity dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide.

UN Women supports UN Member States as they set global standards for achieving gender equality, and works with governments and civil society to design laws, policies, programmes and services needed to ensure that the standards are effectively implemented and truly benefit women and girls worldwide. It works globally to make the vision of the Sustainable Development Goals a reality for women and girls and stands behind women’s equal participation in all aspects of life, focusing on four strategic priorities:
UN Women also coordinates and promotes the UN system’s work in advancing gender equality, and in all deliberations and agreements linked to the 2030 Agenda. The entity works to position gender equality as fundamental to the Sustainable Development Goals, and a more inclusive world.

About International Trade Centre (ITC)

The International Trade Centre (ITC)’s SheTrades initiative aims to connect 3 million women entrepreneurs and women-owned businesses to international markets by 2021. SheTrades works with governments, corporations and business support organizations to undertake research, shape enabling trade policies and regulations, facilitate financing, and expand access to public tenders and corporate supply chains.

SheTrades provides women entrepreneurs with a varied learning environment with a flexible curriculum through shetrades.com. This includes free online courses, participation in face-to-face workshops, engagement through live webinars on a range of topics and a greater understanding of their markets. development within the frameworks of the Aid-for-Trade agenda and the United Nations’ Sustainable Development Goals.

For more information, visit www.intracen.org. Follow ITC on Twitter | Facebook | LinkedIn | Instagram

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact work is a call to companies everywhere to align their operations and strategies with ten universal principles in the areas of human rights, labour, environment and anti-corruption. Launched in 2000, the mandate of the UN Global Compact is to guide and supports the global business community in advancing UN goals and values through responsible corporate practices. With more than 9,500 companies and 3,000 non-business signatories based in over 160 countries, and more than 60 Local Networks, it is the largest corporate sustainability initiative in the world.

For more information, follow @globalcompact on social media and visit our website at www.unglobalcompact.org.

About United Nations Office for Partnerships

The United Nations Office for Partnerships (UNOP) serves as a global gateway for catalyzing and building multi-stakeholder partnerships to advance the implementation of the Sustainable Development Goals (SDGs). UNOP provides a platform for effective partner engagement and works to leverage the assets and expertise of a broad range of partners in furtherance of the SDGs. The Office oversees the United Nations Fund for International Partnerships, the United Nations Democracy Fund, the SDG Action Hub, and the Secretary-Generals’ SDG Advocates.

For more information visit: https://www.un.org/partnerships/content/welcome-united-nations-office-partnerships.

About the International Labour Organization

The International Labour Organization (ILO) is a UN agency created in 1919 and devoted to promoting social justice and internationally recognized human and labour rights, pursuing its founding mission that labour peace is essential to prosperity. Today, the ILO helps advance the creation of decent work and the economic and working conditions that give working people and business people a stake in lasting peace, prosperity and progress. Its tripartite structure provides a unique platform for promoting decent work for all women and men.

The ILO’s Women’s Entrepreneurship Development programme (ILO-WED) is part of the Small and Medium Enterprises Unit (SME) and has been running for over a decade. ILO-WED works on enhancing economic opportunities for women by carrying out affirmative actions in support of women starting, formalizing and growing their enterprises, and by mainstreaming gender equality issues into the ILO's work in enterprise development.

Website: www.ilo.org/wed | Twitter - @ILOWED | Facebook – ILO WED (International Labour Organization)

View source version on businesswire.com: https://www.businesswire.com/news/home/20190923005285/en/

Contact

Media Contacts:
Mary Kay Inc.
Michael Wassmer
media@mkcorp.com
+1-972-687-5332

ICF Next
Grace Kramer
grace.kramer@icfnext.com
+1-847-363-9077

UN Women
Oisika Chakrabarti
oisika.chakrabarti@unwomen.org
+1-646-781-4522

International Trade Centre
Jarle Hetland
hetland@intracen.org
+41 (0)22 730-0145

Source: Mary Kay Inc.
 
--BERNAMA

Nippon Express invests in India´s Future Supply Chain Solutions Limited

KUALA LUMPUR, Sept 24 -- Nippon Express Co Ltd, acting through its subsidiary, Nippon Express (South Asia & Oceania) Pte Ltd has agreed to make an investment in India’s Future Supply Chain Solutions Limited (FSC).
The company’s board during its recently-held meeting approved the execution of a Share Subscription Agreement and Shareholder Agreement with FSC and a Share Purchase Agreement with some FSC shareholders.
FSC is among India’s leading logistics service providers and a part of the Future Group, India’s largest retail group.
The Nippon Express Group aims to become a logistics company with a significant presence in the global markets as laid out in the ‘Nippon Express Group Business Plan 2023 - Dynamic Growth’, beginning financial year 2018.
The group’s core strategy is to focus on strengthening its India business to capitalise on the rapid growth expected in the Indian logistics market.
The partnership with FSC will add complementary capabilities to Nippon Express and enable it to provide end-to-end logistics services to its customers, resulting in the growth of its Indian logistics business.
-- BERNAMA

Stable credit ratings outlook of COSCO SHIPPING Captive - AM Best

KUALA LUMPUR, Sept 20 -- AM Best has affirmed the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ of COSCO SHIPPING Captive Insurance Co Ltd (COSCO SHIPPING Captive) China.
In a statement, the global credit rating agency with an exclusive focus on the insurance industry said the outlook of these credit ratings was stable.
The ratings reflect COSCO SHIPPING Captive’s balance sheet strength, which AM Best describes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
In addition, the ratings reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited, which AM Best perceives to benefit from strong government support.
COSCO SHIPPING Captive’s risk-adjusted capitalisation remained at the strongest level last year, as measured by Best’s Capital Adequacy Ratio, and is supported by very low underwriting leverage, a prudent reinsurance programme and conservative investment portfolio.
The insurance company underwrites mainly marine-related business for the group and its affiliates, as well as other risks stemming from the group’s operations including cargo, liability and commercial property.
As a start-up company, COSCO SHIPPING Captive faces execution risk in achieving its business plans, although this is mitigated via conservative assumptions and regular experience reviews.
More details on the company’s credit ratings at http://www.ambest.com

-- BERNAMA

Monday, 23 September 2019

PEARSON OUTSTANDING LEARNER AWARDS CEREMONY RECOGNISED HIGH ACHIEVERS

KUALA LUMPUR, Sept 23 (Bernama) -- In a grand celebration held at Le Meridien Hotel, Kuala Lumpur on 21st September 2019, 450 guests comprised of learners, parents, teachers and representatives from the schools witnessed the Outstanding Learner Awards ceremony as Pearson recognised and awarded its BTEC, Edexcel and LCCI high achievers and encouraged them to continuously strive for excellence.
 
For 2019, Malaysia had an outstanding record of 121 winners from 35 different institutions receiving a total of 151 awards. This includes 47 LCCI winners with a total of 62 awards, 56 Edexcel winners with a total of 71 awards and 18 BTEC winners.
 
The Pearson Edexcel awards recognised the academic achievements of the award recipients which sets them as the learners who achieved the highest score in their subjects in the country and in the world (outside of the UK) from among thousands of learners who sat for the respective examinations including International A Levels, International GCSE, Lower Secondary Curriculum and International Primary Curriculum.
 
Pearson Edexcel is the international version of the British educational system, by the largest UK awarding body. Offered here in Malaysia from primary to A Levels, the internationally recognised Pearson Edexcel curriculum has been the choice of many students looking to progress to their ideal higher education institution, either at home or overseas.
 
Highlights from the event include Alea Yang Ni from Epsom College Malaysia who achieved three awards; the Highest Mark in the World for Pearson Edexcel International GCSE Mathematics, Highest Mark in Malaysia for Pearson Edexcel International GCSE Biology and Pearson Edexcel International GCSE English Literature.
 
The Pearson LCCI awards Gold Medals to the highest scoring learner and Silver Medals for the second highest scoring learner in the world and in country for the respective subject in the whole of the calendar year. These Pearson LCCI awards are presented to eligible learners who have taken LCCI subjects from Level 1 to Level 4. Kuan Weng Yuen from Shen Jai School of Commerce, Ipoh, emerged as the most impressive learner with a World Gold achievement in Pearson LCCI Level 3 Certificate in Business Statistics.
 
Pearson BTEC award winners were nominated by their respective centres and selected by a panel consisting of executive management from Pearson regional and global offices, and representatives from industry and professional associations. Nominations must include details of what makes the nominee a truly exceptional learner as reflected in their excellent BTEC grades, examples of key successes, in and outside the classroom, their exceptional dedication, commitment, proactive thinking and initiative, professional excellence and other co-curricular efforts and how their example is a role model to other fellow learners.
 
“We want to acknowledge our students’ diligence and achievements and hope they continue to strive for excellence in their lives. Most importantly, we want our students to continue to reach their learning goals and work with those around them to make exceptional contributions to lives and communities around the world,” said David Barnett, Managing Director, Pearson APAC.
 
This year we are proud to have learners who achieved the gold status for world awards in all of our qualifications, whether Edexcel, BTEC or LCCI. Year on year we see the numbers of achievers are growing, some even achieving highest marks in the world for some subjects. This is a testament to the growing quality of the teaching and learning environment available at our schools here in Malaysia,” said Ng Boon Teen, Country Director for Malaysia.
 
In the same ceremony, Pearson also recognised the achievements of 4 LCCI registered training centres across Malaysia that achieved Silver status and 1 centre that achieved Gold status in the Pearson LCCI Centre Award. The award benchmarked the achievement of LCCI registered learning centres against performance targets such as pass rates and registrations. It provides special recognition to learning centres who provide quality teaching and support for students.
 
About Pearson
 
Pearson is the world’s learning company, with expertise in educational course ware and assessment, and a range of teaching and learning services powered by technology. Our mission is to help people make progress through access to better learning. We believe that learning opens up opportunities, creating fulfilling careers and better lives.
 
Pearson is also the UK's largest awarding body and we are regulated by Ofqual, which is the regulator for the public examinations system in England and Wales. We offer academic and vocational qualifications that are globally recognised and benchmarked, with educational excellence rooted in names like Edexcel, BTEC, and LCCI. For more, visit qualifications.pearson.com/en/home.html.
 
Source: Pearson Malaysia Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Noorfaiza Mohd Safawi
Key Account Manager
Pearson Qualifications
Pearson Malaysia Sdn Bhd
Tel: +603 - 22897021

--BERNAMA