KUALA LUMPUR, June 26 -- The African Development Bank has ranked fourth out of 47 global development institutions on its Aid Transparency Index by Publish What You Fund.
According to a statement, the Index is the only independent measure of aid transparency among the world’s major development agencies.
The index places the Bank in the highest category of transparency, along with other world class institutions such as the World Bank, Asian Development Bank and UNDP.
Publish What You Fund ranked the Bank ‘very good’ — the highest of the five categories used to assess organisations’ transparency.
The ranking is based on several criteria, including finance and budgets, basic information data, organisational planning and performance.
In the new Index, which covers the 2019 year, the African Development Bank scored 95.5 out of 100 on transparency — a significant improvement on its score for 2018.
“With such large volumes of funding now being assigned to combat the Covid-19 pandemic, it is crucial for our citizens to know how much, where and when the African Development Bank is investing in Africa’s development,” said African Development Bank Group Acting Senior Vice-President, Swazi Tshabalala.
-- BERNAMA
Saturday 27 June 2020
Friday 26 June 2020
Uniphore named in 2020 Gartner Cool Vendors in CRM Customer Service and Support report
KUALA LUMPUR, June 25 -- Uniphore, a global leader in Conversational Service Automation has been named in the 2020 Gartner Cool Vendors in CRM Customer Service and Support report.
According to a statement, seven years after being recognised as a Cool Vendor in Human-Machine Interfaces, Gartner revisits Uniphore and writes about ‘Where are they Now’.
“This research does not constitute an exhaustive list of vendors in any given technology area, but is designed to highlight interesting, new and innovative vendors, products and services,” stated Gartner in the report.
The report goes on to further point out, “Consistency and personalisation are key to providing effortless customer service experiences which along with better employee experiences, will increase both customer and employee loyalty.”
The report also states that “the message is becoming clearer: to deliver stronger and more sustainable customer experience, organisations need to shift to a digital-first agenda supported by artificial intelligence and machine learning for both automated and assisted service personalised customer interactions.”
“Being named a Gartner Cool Vendor back in 2013 was such an honour and really set us on the road to success as we expanded our offerings, delivered innovations for customers and enhanced our portfolio,” said Uniphore president and co-founder, Ravi Saraogi.
“Now, to have Gartner relook at our company and share their findings in the ‘Where are they now’ section of the Cool Vendor report, is amazing.”
-- BERNAMA
According to a statement, seven years after being recognised as a Cool Vendor in Human-Machine Interfaces, Gartner revisits Uniphore and writes about ‘Where are they Now’.
“This research does not constitute an exhaustive list of vendors in any given technology area, but is designed to highlight interesting, new and innovative vendors, products and services,” stated Gartner in the report.
The report goes on to further point out, “Consistency and personalisation are key to providing effortless customer service experiences which along with better employee experiences, will increase both customer and employee loyalty.”
The report also states that “the message is becoming clearer: to deliver stronger and more sustainable customer experience, organisations need to shift to a digital-first agenda supported by artificial intelligence and machine learning for both automated and assisted service personalised customer interactions.”
“Being named a Gartner Cool Vendor back in 2013 was such an honour and really set us on the road to success as we expanded our offerings, delivered innovations for customers and enhanced our portfolio,” said Uniphore president and co-founder, Ravi Saraogi.
“Now, to have Gartner relook at our company and share their findings in the ‘Where are they now’ section of the Cool Vendor report, is amazing.”
-- BERNAMA
Thursday 25 June 2020
LIAM spreads love, care to 4 children’s homes amidst COVID-19 pandemic
KUALA LUMPUR, June 24 -- The Life Insurance Association of Malaysia (LIAM) and its 16 member companies continue to spread love and care by contributing donation-in-kind to four children’s homes in the Klang Valley today.
In a statement, LIAM said it has reached out to 150 children aged from two to 17 years from Persatuan Kebajikan Rumah Jalinan Kasih Anak-anak Yatim Miskin, Cheras; Rumah Anak-anak Yatim Raudhatul Al Faeez, Gombak; Lighthouse Children Welfare Home Association, Bangsar; and Precious Children Home/Mikhalai School of Destiny, Segambut.
The homes received RM20,000 worth of household items such as foodstuff, groceries, toiletries, stationeries, face masks, hand sanitisers, and personal care and hygiene items.
“Even though there were no Hari Raya sumptuous meals prepared this time around, the children and their caretakers will be presented with special meals through food delivery to their homes.
"We hope our small gesture will come a long way in bringing smiles to their faces as the children ultimately need constant care and love without boundary,” said LIAM president Loh Guat Lan.
The unprecedented COVID-19 pandemic which affected many countries globally including Malaysia has caused the annual tradition of LIAM Hari Raya Gathering with Children to be cancelled indefinitely.
“We acknowledge the hardship and struggles faced by the children’s homes particularly during this challenging time and we want to play our part as a responsible corporate citizen through this initiative to ensure the welfare of the needy is taken care of,” she added.
-- BERNAMA
EXAMINATION PREP SCHOOL OPERATOR, AZURITESTYLE CO. NEWLY DEVELOPS COOL ANTIBACTERIAL FACE MASK THAT ENABLES NASAL BREATHING, BEGINS OVERSEAS SALES ON JUNE 20
YOKOHAMA, Japan, June 24, 2020 /Kyodo JBN,AsiaNet/ --
Examination prep school operator, AzuriteStyle Co., Ltd. has developed a cool antibacterial face mask that enables nasal breathing. Due to the coronavirus epidemic, students have been wearing a variety of masks, and lecturers' concerns that "breathing difficulties were preventing sustained concentration" and that "poor quality meant declining brain functions" led to the development of this mask. "AzuriteStyle" is a completely original brand that prioritizes "Made in Japan" from planning to sewing. Overseas sales began on June 20 in 30 major countries, including educationally advanced countries in Europe and Asia, as well as in the U.S., which is highly attentive to nasal breathing.
(Images: https://kyodonewsprwire.jp/release/202006231187?p=images)
EC site URL: http://www.azurite-style.com
Disposable masks, made from stuffy materials, feature low oxygen permeability. Masks of various fabrics are sold, but most employ 3-dimensional designs that save labor and costs during manufacturing. However, AzuriteStyle has determined that 3-dimensional designs cannot create enough space to preserve nasal breathing. The company focused on creating a pleated design that guarantees an unoppressive breathing space with a long-lasting fit for any facial or nasal type. This original design not only takes more time and effort to create, but also makes it impossible to properly manufacture without precise technology. The AzuriteStyle mask also features carefully selected Japanese-made fabrics that do not deteriorate when washed.
As the mask will be worn during the hot summer, the company added a "cool-to-the-touch" feature. It carefully selected multi-functional fabrics with attributes including "antibacterial," "UV-cutting," "cool-to-the-touch," "water-absorbing and quick drying," "temperature rise-suppression effects," and "comfortable texture." The mask eliminates causes of rough skin stemming from stuffiness and bacterial growth. An organic type is also available for those with allergy-sensitive skin.
The mask also comes with a sheet that becomes cold to the touch just by wetting and shaking it. If the user inserts this sheet into the inner pocket, it cools the inside of the mask. The company's lineup of small, medium and large masks features sizes compatible with everyone from babies to adults.
Please check the following site to view the original release.
https://kyodonewsprwire.jp/prwfile/release/M106117/202006231187/_prw_PA1fl_nkFm1eY9.pdf
Source: AzuriteStyle Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=37612
Examination prep school operator, AzuriteStyle Co., Ltd. has developed a cool antibacterial face mask that enables nasal breathing. Due to the coronavirus epidemic, students have been wearing a variety of masks, and lecturers' concerns that "breathing difficulties were preventing sustained concentration" and that "poor quality meant declining brain functions" led to the development of this mask. "AzuriteStyle" is a completely original brand that prioritizes "Made in Japan" from planning to sewing. Overseas sales began on June 20 in 30 major countries, including educationally advanced countries in Europe and Asia, as well as in the U.S., which is highly attentive to nasal breathing.
(Images: https://kyodonewsprwire.jp/release/202006231187?p=images)
EC site URL: http://www.azurite-style.com
Disposable masks, made from stuffy materials, feature low oxygen permeability. Masks of various fabrics are sold, but most employ 3-dimensional designs that save labor and costs during manufacturing. However, AzuriteStyle has determined that 3-dimensional designs cannot create enough space to preserve nasal breathing. The company focused on creating a pleated design that guarantees an unoppressive breathing space with a long-lasting fit for any facial or nasal type. This original design not only takes more time and effort to create, but also makes it impossible to properly manufacture without precise technology. The AzuriteStyle mask also features carefully selected Japanese-made fabrics that do not deteriorate when washed.
As the mask will be worn during the hot summer, the company added a "cool-to-the-touch" feature. It carefully selected multi-functional fabrics with attributes including "antibacterial," "UV-cutting," "cool-to-the-touch," "water-absorbing and quick drying," "temperature rise-suppression effects," and "comfortable texture." The mask eliminates causes of rough skin stemming from stuffiness and bacterial growth. An organic type is also available for those with allergy-sensitive skin.
The mask also comes with a sheet that becomes cold to the touch just by wetting and shaking it. If the user inserts this sheet into the inner pocket, it cools the inside of the mask. The company's lineup of small, medium and large masks features sizes compatible with everyone from babies to adults.
Please check the following site to view the original release.
https://kyodonewsprwire.jp/prwfile/release/M106117/202006231187/_prw_PA1fl_nkFm1eY9.pdf
Source: AzuriteStyle Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=37612
Wednesday 24 June 2020
Swagelok expands in Asia-Pacific to support growing market
KUALA LUMPUR, June 23 -- Swagelok Company, a global developer and manufacturer of fluid system solutions, is showcasing commitment to growth in the Asia-Pacific region.
The company is investing strategically in measures designed to help regional customers overcome business challenges and meet the pace of demand in a competitive marketplace.
Recent investments include a vice-president appointment with strong business development experience in Asia, the dedication of a new regional office in Singapore and an extensive expansion of its manufacturing plant in Changshu, China.
“It is an exciting time to work at Swagelok as companies across the globe seek more services and support from our company,” said Swagelok’s vice-president, Asia-Pacific, Steve Sparkes in a statement.
“We want to position customers in the world's fastest-growing economic region to succeed in the long term and thus, we are expanding not only our manufacturing capacity, but local technical capabilities, field service support, and Swagelok® custom solutions.”
The Asia-Pacific team works in partnership with Swagelok’s local authorised sales and service centres to provide customers in the region with technical support, training, advice and reliable products needed to operate safely, efficiently, and profitably in fast-paced, demanding marketplaces.
Swagelok also recently celebrated completion of a 7,400 metre square manufacturing operations expansion at its Changshu, China-based facility, doubling its size and adding jobs to the local economy.
Moving forward, Swagelok will continue to work in partnership with local sales and service centres that are investing in growing the company’s technical and field engineering resources within the region.
-- BERNAMA
Tuesday 23 June 2020
VISIONNAV ROBOTICS EMBRACES RMB100.00 MILLION IN B1 ROUND FINANCING
SHENZHEN, China, June 22 (Bernama-BUSINESS WIRE) -- Recently, VisionNav Robotics has completed the B1 round financing with aggregate amount up to RMB100.00 million, which was led by Lenovo Capital and followed by Flyfot Ventures together with the old shareholder Eastern Bell Capital. The capital raised this time shall be applied for the continuous R&D of improving the existing visual control and perception technology, breakthrough of demanding scenes application, and business scale up.
Since its establishment in 2016, VisionNav Robotics has turned out to be a leading innovator and solution provider of vision guided forklifts as it always focuses on the R&D and application of visual-based driverless technology, and succeeds in incorporating visual control, perception and 5G technology into industrial vehicles, and launching flexible, intelligent, reusable and cost-effective material handling solutions in logistic links such as loading, unloading, storage and distribution.
Recent years accompanied with increasing demand for automatic storage and smart warehousing, logistics ‘nodes’ now have dominated the main battlefield of automatic facilities. Normally, automatic warehousing may be achieved in the following two solutions:
The first solution is to “shorten time by expanding space”. In other words, warehouses are rebuilt by adding “good-to-person” robots, AMRs and AS/RS systems, as “Asia No. 1” of JD.com and “Cloud Warehouse” of Suning Logistics provides a good case in point. Such practice, however, takes tremendous cost at the early stage, and requires dramatic change in existing warehousing environment, indicating poor system flexibility.
The second solution is to “improve equipment intellectualization” represented by visual-base robotic arms and automated guided vehicles. It is a more agile and flexible way to rebuild warehouse without touching the original settings. With respect to the warehousing in the logistics and manufacturing industry, users generally give priority to the processing of complicated tasks, operation efficiency and payback period when design automatic warehouses.
Currently, VisionNav Robotics, possessing extremely sophisticated automatic warehouse solutions, mainly provides its end-customers with automated guided forklifts (increment market) and their industrial vehicles transformation services (stock market), along with the central control dispatching system applicable for multilevel system integration and the location detection system applicable for multi-object identification to assist customers in achieving warehousing automation in logistics nodes throughout the process and in multiple dimensions, and shortening the payback time to less than two (2) years. The products of VisionNav Robotics are frequently used in intralogistics (i.e. automobile, 3C, food and drug) and warehouse logistics (i.e. e-commerce, retail, 3PL and aviation). Up to now, VisionNav Robotics has reached cooperation with over ten leading industry enterprises of Fortune Global 500, and deploy solutions in over 50 project sites.
According to LI Luyang, CEO of VisionNav Robotics, in the future, more efforts will be made to expedite solution commercialization nationwide, to improve the permeability ratio of automated industrial vehicles in rigid scenarios, and to deploy more robots in overseas market, which shall center on Hong Kong of China, radiate Southeast Asia, East Asia and Middle East, and finally reach Europe and America.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200621005021/en/
Contact
Gigi Ye
business@visionnav.com
+86 0755 85256645
www.visionnav.cn
VisionNav Robotics (Shenzhen) Co., Ltd
Source : VisionNav Robotics (Shenzhen) Co., Ltd
http://mrem.bernama.com/viewsm.php?idm=37591
Since its establishment in 2016, VisionNav Robotics has turned out to be a leading innovator and solution provider of vision guided forklifts as it always focuses on the R&D and application of visual-based driverless technology, and succeeds in incorporating visual control, perception and 5G technology into industrial vehicles, and launching flexible, intelligent, reusable and cost-effective material handling solutions in logistic links such as loading, unloading, storage and distribution.
Recent years accompanied with increasing demand for automatic storage and smart warehousing, logistics ‘nodes’ now have dominated the main battlefield of automatic facilities. Normally, automatic warehousing may be achieved in the following two solutions:
The first solution is to “shorten time by expanding space”. In other words, warehouses are rebuilt by adding “good-to-person” robots, AMRs and AS/RS systems, as “Asia No. 1” of JD.com and “Cloud Warehouse” of Suning Logistics provides a good case in point. Such practice, however, takes tremendous cost at the early stage, and requires dramatic change in existing warehousing environment, indicating poor system flexibility.
The second solution is to “improve equipment intellectualization” represented by visual-base robotic arms and automated guided vehicles. It is a more agile and flexible way to rebuild warehouse without touching the original settings. With respect to the warehousing in the logistics and manufacturing industry, users generally give priority to the processing of complicated tasks, operation efficiency and payback period when design automatic warehouses.
Currently, VisionNav Robotics, possessing extremely sophisticated automatic warehouse solutions, mainly provides its end-customers with automated guided forklifts (increment market) and their industrial vehicles transformation services (stock market), along with the central control dispatching system applicable for multilevel system integration and the location detection system applicable for multi-object identification to assist customers in achieving warehousing automation in logistics nodes throughout the process and in multiple dimensions, and shortening the payback time to less than two (2) years. The products of VisionNav Robotics are frequently used in intralogistics (i.e. automobile, 3C, food and drug) and warehouse logistics (i.e. e-commerce, retail, 3PL and aviation). Up to now, VisionNav Robotics has reached cooperation with over ten leading industry enterprises of Fortune Global 500, and deploy solutions in over 50 project sites.
According to LI Luyang, CEO of VisionNav Robotics, in the future, more efforts will be made to expedite solution commercialization nationwide, to improve the permeability ratio of automated industrial vehicles in rigid scenarios, and to deploy more robots in overseas market, which shall center on Hong Kong of China, radiate Southeast Asia, East Asia and Middle East, and finally reach Europe and America.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200621005021/en/
Contact
Gigi Ye
business@visionnav.com
+86 0755 85256645
www.visionnav.cn
VisionNav Robotics (Shenzhen) Co., Ltd
Source : VisionNav Robotics (Shenzhen) Co., Ltd
http://mrem.bernama.com/viewsm.php?idm=37591
Saturday 20 June 2020
ALIGN TECHNOLOGY ANNOUNCES PARTNERSHIP WITH MEDTECH INNOVATOR ASIA PACIFIC, INDUSTRY'S LEADING NONPROFIT STARTUP ACCELERATOR
Support for Program Underscores Align Technology’s Commitment to Advancing Health Solutions and Improving the Lives of Patients in the Asia Pacific Region
SAN JOSE, Calif., LOS ANGELES, and SINGAPORE, June 19 (Bernama-GLOBE NEWSWIRE) -- Align Technology, Inc. (NASDAQ: ALGN) today announced its partnership with MedTech Innovator, the premier nonprofit startup accelerator in the medical technology industry. MedTech Innovator matches healthcare industry leaders with innovative medtech startups for mentorship and support. In 2020, MedTech Innovator will select 20 startups to participate in its Asia Pacific Showcase program and will award more than $300,000 in cash prizes, scholarships, and in-kind services to its participants.
Align Technology will work with MedTech Innovator Asia Pacific to mentor and foster the growth of promising early to mid-stage companies selected for the 2020 Showcase program and provide financial support to MedTech Innovator.
“We are proud to support MedTech Innovator’s program and this year’s promising group of companies that aim to transform the lives of patients in the Asia Pacific region,” said Julie Tay, Align Technology senior vice president and managing director, Asia Pacific. “Align reimagined and reinvented orthodontic and restorative treatments, and as we continue to innovate in our industry, we appreciate the work that medtech startups are doing to advance innovation within the medical industry.”
“MedTech Innovator is committed to seeking out the industry’s most promising medical technologies and digital health companies. Our partners and sponsors play a key role in advancing innovation by imparting valuable insights, industry knowledge and individualized mentorship to the entrepreneurs in our program,” said Paul Grand, CEO of MedTech Innovator. “We are excited to welcome Align Technology as our newest partner and look forward to working together to help emerging companies achieve their goals in bettering patient outcomes and providing value to the Asia Pacific health care system.”
The MedTech Innovator Asia Pacific Program is held in partnership with the Asia Pacific Medical Technology Association (APACMed).
About MedTech Innovator:
Based in Los Angeles, Calif., MedTech Innovator is the premier nonprofit startup accelerator in the medical technology industry. Our mission is to improve the lives of patients by matching healthcare industry leaders with innovative early-stage medtech companies for mentorship and support. For more information about MedTech Innovator, visit https://medtechinnovator.org/ and follow @MedTechAwards on Twitter. To receive industry insights and highlights about MedTech Innovator’s current and alumni participant companies, subscribe to its monthly newsletter.
About Align Technology, Inc.:
Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, iTero® intraoral scanners and services, and CAD/CAM software. Align has helped treat over 8 million patients with the Invisalign system and is driving the evolution in digital dentistry with the iTero intraoral scanner and exocad CAD/CAM software − modernizing today’s practices by enabling enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies. Visit www.aligntech.com for more information.
For additional information about the Invisalign system or to find an Invisalign doctor in your area, please visit www.invisalign.com. For additional information about the iTero digital scanning system, please visit www.itero.com. For additional information about exocad dental CAD/CAM offerings and a list of exocad reseller partners, please visit www.exocad.com.
Align Technology
Media Contact:
Jasmine Chng
+65 6690 3957
jchng@aligntech.com
MedTech Innovator
Media Contact:
Lara Lingenbrink
Health+Commerce
858.525.1414
lara@healthandcommerce.com
Source: Align Technology, Inc.
http://mrem.bernama.com/viewsm.php?idm=37582
SAN JOSE, Calif., LOS ANGELES, and SINGAPORE, June 19 (Bernama-GLOBE NEWSWIRE) -- Align Technology, Inc. (NASDAQ: ALGN) today announced its partnership with MedTech Innovator, the premier nonprofit startup accelerator in the medical technology industry. MedTech Innovator matches healthcare industry leaders with innovative medtech startups for mentorship and support. In 2020, MedTech Innovator will select 20 startups to participate in its Asia Pacific Showcase program and will award more than $300,000 in cash prizes, scholarships, and in-kind services to its participants.
Align Technology will work with MedTech Innovator Asia Pacific to mentor and foster the growth of promising early to mid-stage companies selected for the 2020 Showcase program and provide financial support to MedTech Innovator.
“We are proud to support MedTech Innovator’s program and this year’s promising group of companies that aim to transform the lives of patients in the Asia Pacific region,” said Julie Tay, Align Technology senior vice president and managing director, Asia Pacific. “Align reimagined and reinvented orthodontic and restorative treatments, and as we continue to innovate in our industry, we appreciate the work that medtech startups are doing to advance innovation within the medical industry.”
“MedTech Innovator is committed to seeking out the industry’s most promising medical technologies and digital health companies. Our partners and sponsors play a key role in advancing innovation by imparting valuable insights, industry knowledge and individualized mentorship to the entrepreneurs in our program,” said Paul Grand, CEO of MedTech Innovator. “We are excited to welcome Align Technology as our newest partner and look forward to working together to help emerging companies achieve their goals in bettering patient outcomes and providing value to the Asia Pacific health care system.”
The MedTech Innovator Asia Pacific Program is held in partnership with the Asia Pacific Medical Technology Association (APACMed).
About MedTech Innovator:
Based in Los Angeles, Calif., MedTech Innovator is the premier nonprofit startup accelerator in the medical technology industry. Our mission is to improve the lives of patients by matching healthcare industry leaders with innovative early-stage medtech companies for mentorship and support. For more information about MedTech Innovator, visit https://medtechinnovator.org/ and follow @MedTechAwards on Twitter. To receive industry insights and highlights about MedTech Innovator’s current and alumni participant companies, subscribe to its monthly newsletter.
About Align Technology, Inc.:
Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, iTero® intraoral scanners and services, and CAD/CAM software. Align has helped treat over 8 million patients with the Invisalign system and is driving the evolution in digital dentistry with the iTero intraoral scanner and exocad CAD/CAM software − modernizing today’s practices by enabling enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies. Visit www.aligntech.com for more information.
For additional information about the Invisalign system or to find an Invisalign doctor in your area, please visit www.invisalign.com. For additional information about the iTero digital scanning system, please visit www.itero.com. For additional information about exocad dental CAD/CAM offerings and a list of exocad reseller partners, please visit www.exocad.com.
Align Technology
Media Contact:
Jasmine Chng
+65 6690 3957
jchng@aligntech.com
MedTech Innovator
Media Contact:
Lara Lingenbrink
Health+Commerce
858.525.1414
lara@healthandcommerce.com
Source: Align Technology, Inc.
http://mrem.bernama.com/viewsm.php?idm=37582
Friday 19 June 2020
doTERRA-RIFM partnership to pioneer advanced essential oil research
KUALA LUMPUR, June 18 -- doTERRA has been accepted as a supporting member of the world-renowned Research Institute for Fragrance Materials (RIFM).
According to a statement, doTERRA has become the first global aromatherapy and essential oils company to be granted the membership based on a unanimous vote from the organisation’s board of directors.
RIFM also invited doTERRA scientists to contribute knowledge on essential oils and expertise as part of the organisation’s natural complex substances working group.
RIFM’s purpose is to gather and analyse scientific data, engage in testing and evaluation, distribute information, cooperate with official agencies and encourage uniform safety standards related to the use of fragrance ingredients.
As members, doTERRA will have access to RIFM’s comprehensive database on fragrance and flavour ingredients, which provides upwards of 70,000 references that include over 135,000 human health and environmental studies on more than 6,000 materials.
“This partnership is part of an initiative to perform safety assessments on natural complex substances, such as essential oils. RIFM produces the most authoritative and comprehensive fragrance safety evaluations in the world,” said doTERRA chief medical officer, Dr Russell J. Osguthorpe.
“Together, we will improve the worldwide understanding of the science and safety behind essential oils, as well as their uses aromatically, topically and internally.”
-- BERNAMA
According to a statement, doTERRA has become the first global aromatherapy and essential oils company to be granted the membership based on a unanimous vote from the organisation’s board of directors.
RIFM also invited doTERRA scientists to contribute knowledge on essential oils and expertise as part of the organisation’s natural complex substances working group.
RIFM’s purpose is to gather and analyse scientific data, engage in testing and evaluation, distribute information, cooperate with official agencies and encourage uniform safety standards related to the use of fragrance ingredients.
As members, doTERRA will have access to RIFM’s comprehensive database on fragrance and flavour ingredients, which provides upwards of 70,000 references that include over 135,000 human health and environmental studies on more than 6,000 materials.
“This partnership is part of an initiative to perform safety assessments on natural complex substances, such as essential oils. RIFM produces the most authoritative and comprehensive fragrance safety evaluations in the world,” said doTERRA chief medical officer, Dr Russell J. Osguthorpe.
“Together, we will improve the worldwide understanding of the science and safety behind essential oils, as well as their uses aromatically, topically and internally.”
-- BERNAMA
Thursday 18 June 2020
Milrem Robotics leads consortium to develop European standardised unmanned ground system
KUALA LUMPUR, June 17 -- A consortium led by Milrem Robotics has received 30.6 million euros from the European Commission’s European Defence Industrial Development Programme to develop a European standardised unmanned ground system. (Euro 1 = RM4.82)
According to a statement, the consortium comprises several major defence, communication and cybersecurity companies as well as high technology SMEs.
The total cost of the project, titled integrated Modular Unmanned Ground System (iMUGS) is 32.6 million euros of which 30.6 million euros will be provided by the European Commission.
“iMUGS is an excellent example of how Europe can utilise and develop high-end technologies as a joint effort while avoiding scattering activities and resources,” said Milrem Robotics chief executive officer, Kuldar Väärsi.
The project will develop a modular and scalable architecture for hybrid manned-unmanned systems, standardising a European wide ecosystem for aerial and ground platforms, command, control and communication equipment, sensors, payloads and algorithms.
The prototype system will utilise an existing unmanned ground vehicle – Milrem Robotics’ THeMIS – and a specific list of payloads.
The project outcome will be demonstrated in operational environments and relevant climatic conditions as part of participating member states military exercises or at separate testing grounds.
State-of-the-art virtual and constructive simulation environments will also be set up.
-- BERNAMA
Wednesday 17 June 2020
ABC Technology honoured as Technology Pioneer by World Economic Forum
KUALA LUMPUR, June 16 -- Fintech innovator, ABC Technology has been recognised as a Technology Pioneer by the World Economic Forum (WEF), making it one of just 15 Asian companies to receive this prestigious award.
Selected from hundreds of candidates, the company has distinctively set itself apart as a leading artificial intelligence (AI)-powered company that provides automation tools that significantly transform the way businesses work.
The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from worldwide that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
According to a statement, past recipients include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter and Wikimedia.
This acknowledgment comes hot on the heels of ABC Technology being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.
“Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said ABC Technology Chief Executive Officer, Mason Yang.
ABC Technology has strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.
More details at www.abcfintech.com.
-- BERNAMA
Selected from hundreds of candidates, the company has distinctively set itself apart as a leading artificial intelligence (AI)-powered company that provides automation tools that significantly transform the way businesses work.
The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from worldwide that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
According to a statement, past recipients include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter and Wikimedia.
This acknowledgment comes hot on the heels of ABC Technology being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.
“Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said ABC Technology Chief Executive Officer, Mason Yang.
ABC Technology has strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.
More details at www.abcfintech.com.
-- BERNAMA
PRINCETON DIGITAL GROUP SELECT TMT FINANCE'S EXCLUSIVE DIGITAL PLATFORM TMT CONNECT TO HOST GLOBAL VIRTUAL FIRESIDE CHAT
Chairman & CEO Rangu Salgame to reveal strategy on how PDG are building a multibillion dollar private equity backed datacentre business on June 18, 2020
LONDON and SINGAPORE, June 16 (Bernama-GLOBE NEWSWIRE) -- Princeton Digital Group Chairman, CEO and co-founder Rangu Salgame will share the company’s strategy for building a world leading multibillion dollar private equity backed datacentre business in a live video discussion on June 18, 2020 at 8am EST / 1pm BST / 8pm SGT.
TMT Connect is a digital platform for TMT investment leaders. At this event, Salgame will host a virtual fireside chat and discuss how this Warburg Pincus-backed company has scaled via a differentiated three-pronged investment strategy, to become a key developer and operator of datacentres across Asia. He will also share some thoughts on their next phase of growth.
The session will take place at 8am EST / 1pm BST / 8pm SGT on June 18 2020. A limited number of tickets are available.
- Subscribers to TMT Finance can join the session for free by registering their place
- Non-subscribers can join the exclusive TMT Connect community by applying for access
Rangu Salgame said, “Datacentres have been one of the best performing asset classes for investors over the past decade in the US and there is huge untapped potential and growth yet to happen in Asia. With our deep operating experience in building, organically and inorganically, large scale internet infrastructure, we have established a formidable business capable of capitalizing opportunities the region presents. I look forward to sharing our views on how we got here so fast, and our future growth strategies. TMT Connect is a great platform to do this as we continue to look at deepening our market presence while expanding into new markets.”
TMT Finance Founder and CEO, Dominic Lowndes, outlined, “We’re delighted that Rangu and PDG have chosen our new digital events platform, TMT Connect, to share their expertise in the global datacentre market. With the outlook and drivers in global datacentres and cloud still looking to be strong, it’s perfect timing to provide our first-class network of leading TMT companies, investment firms, financiers and advisers with the latest insights and growth opportunities in this sector.”
TMT Connect is a digital programme of exclusive events that bring together the most influential global TMT Leaders, M&A Executives, Investors, Financiers and Advisers, and help them to share knowledge and partnership opportunities globally.
With discussion on sector critical topics across telecom, fibre, datacentres, digital infrastructure and software, subscribers gain powerful knowledge share, keep informed key matters and discover emerging investment opportunities to continue business growth. Sponsors to date include: Greenberg Traurig, EY-Parthenon, Bank Street Group and Akira Partners.
For more information about TMT Connect please visit tmtfinance.com/tmt-connect or contact tmtconnect@tmtfinance.com for speaker and sponsor opportunities.
About TMT Finance
TMT Finance launched in 2009 to connect and inform senior executives pursuing M&A, investment, financing and advisory opportunities in the telecom, media and tech sector globally. Since then, TMT Finance has established 5 weekly news titles with a series of leading annual executive only events gathering financial-decision makers across the world.
For more information on TMT Finance visit tmtfinance.com/events and follow on Twitter and LinkedIn
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ac318ccf-892c-4875-9b2f-fcc996886b87
Contact
Katrina Hopewell
m: 07838255420
e: katrina@tmtfinance.com
Source: TMT Finance
http://mrem.bernama.com/viewsm.php?idm=37548
LONDON and SINGAPORE, June 16 (Bernama-GLOBE NEWSWIRE) -- Princeton Digital Group Chairman, CEO and co-founder Rangu Salgame will share the company’s strategy for building a world leading multibillion dollar private equity backed datacentre business in a live video discussion on June 18, 2020 at 8am EST / 1pm BST / 8pm SGT.
TMT Connect is a digital platform for TMT investment leaders. At this event, Salgame will host a virtual fireside chat and discuss how this Warburg Pincus-backed company has scaled via a differentiated three-pronged investment strategy, to become a key developer and operator of datacentres across Asia. He will also share some thoughts on their next phase of growth.
The session will take place at 8am EST / 1pm BST / 8pm SGT on June 18 2020. A limited number of tickets are available.
- Subscribers to TMT Finance can join the session for free by registering their place
- Non-subscribers can join the exclusive TMT Connect community by applying for access
Rangu Salgame said, “Datacentres have been one of the best performing asset classes for investors over the past decade in the US and there is huge untapped potential and growth yet to happen in Asia. With our deep operating experience in building, organically and inorganically, large scale internet infrastructure, we have established a formidable business capable of capitalizing opportunities the region presents. I look forward to sharing our views on how we got here so fast, and our future growth strategies. TMT Connect is a great platform to do this as we continue to look at deepening our market presence while expanding into new markets.”
TMT Finance Founder and CEO, Dominic Lowndes, outlined, “We’re delighted that Rangu and PDG have chosen our new digital events platform, TMT Connect, to share their expertise in the global datacentre market. With the outlook and drivers in global datacentres and cloud still looking to be strong, it’s perfect timing to provide our first-class network of leading TMT companies, investment firms, financiers and advisers with the latest insights and growth opportunities in this sector.”
TMT Connect is a digital programme of exclusive events that bring together the most influential global TMT Leaders, M&A Executives, Investors, Financiers and Advisers, and help them to share knowledge and partnership opportunities globally.
With discussion on sector critical topics across telecom, fibre, datacentres, digital infrastructure and software, subscribers gain powerful knowledge share, keep informed key matters and discover emerging investment opportunities to continue business growth. Sponsors to date include: Greenberg Traurig, EY-Parthenon, Bank Street Group and Akira Partners.
For more information about TMT Connect please visit tmtfinance.com/tmt-connect or contact tmtconnect@tmtfinance.com for speaker and sponsor opportunities.
About TMT Finance
TMT Finance launched in 2009 to connect and inform senior executives pursuing M&A, investment, financing and advisory opportunities in the telecom, media and tech sector globally. Since then, TMT Finance has established 5 weekly news titles with a series of leading annual executive only events gathering financial-decision makers across the world.
For more information on TMT Finance visit tmtfinance.com/events and follow on Twitter and LinkedIn
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ac318ccf-892c-4875-9b2f-fcc996886b87
Contact
Katrina Hopewell
m: 07838255420
e: katrina@tmtfinance.com
Source: TMT Finance
http://mrem.bernama.com/viewsm.php?idm=37548
FWD TAKAFUL AND ARUS ACADEMY LAUNCH FUN(D) FOR LIFE: A NEW ONLINE PLATFORM TO TEACH FINANCIAL LITERACY
The platform also includes educational COVID-19 activities for students
KUALA LUMPUR, June 15 (Bernama) -- FWD Takaful Berhad (“FWD Takaful”) is continuing its collaboration with Arus Education Sdn Bhd (“Arus Academy”) by launching Fun(d) for Life portal, a free online platform that teaches financial literacy.
This is the second year of FWD Takaful’s work with Arus Academy, a social enterprise providing equal opportunity for all through quality education, and part of a series of events to promote financial literacy nationwide.
The portal can be found at fundfor.life and includes several key features:
· Interactive games, infographics and video content for students aged 7 to 18 years old
· Articles and educational content for adults – whether they’re parents, or simply those wishing to enhance and build on their knowledge
· Lesson plans for teachers, across all grade levels, aligned to the national curriculum
The economic impact of COVID-19 has elevated the need for personal financial awareness and management, so the platform has also been designed to offer dedicated help and support during the unique circumstances brought about by the COVID-19 pandemic. It’s also aligned to Malaysia’s National Strategy for Financial Literacy 2019-2023.
Salim Majid Zain, FWD Takaful’s Chief Executive Officer, said, “We’re thrilled to be continuing our work with Arus Academy, especially so given their focus on supporting students from underprivileged backgrounds. This platform is part of our goal to ensure everyone in Malaysia has the opportunity to demystify the world of finance and financial language to help our younger generation.
“Fun(d) for Life will close some of the gaps with fast, easy access to crucial areas of knowledge by teaching valuable skillsets and helping to form good financial habits. In doing so, this platform also chimes with our wider vision of changing the way people feel about takaful."
Arus Academy co-founder, Alina Amir, said, “This is a timely launch given the impact of COVID-19 and the financial setbacks that are being felt by many families. It further amplifies the need for sound financial education that’s accessible to Malaysians across all ages – so we’re really pleased to be working with FWD Takaful on this exciting new initiative.”
http://mrem.bernama.com/viewsm.php?idm=37542
Monday 15 June 2020
DRUG AND ALCOHOL ADDICTION ON THE RISE - AN OVERLOOKED COVID-19 LOCKDOWN CONSEQUENCE
KUALA LUMPUR, June 12 (Bernama) -- From financial and economic instability, to mental health disorders, the consequences of the lockdown to curb the spread of Covid-19, are numerous. One of the often-overlooked consequences, is addiction problematics, which have been on the rise in Malaysia since the implementation of the movement control order.
One Malaysian organization, namely Solace Asia Sdn Bhd, on the frontline of the war against drug and alcohol addiction in Malaysia since 2014, is currently observing a spike in the number of requests for help and support by those afflicted by addiction, be it substance or behavioral.
Originally headquartered in Kota Kinabalu under the name of Solace Sabah, to cater to the increasing demand for addiction rehab services in peninsular Malaysia, in October 2019 the organization has relocated its facility to Kuala Lumpur and rebranded itself under the new name of Solace Asia.
As an essential healthcare provider, the facility has remained operational during the lockdown in support of those suffering from addiction and other co-occurring mental health disorders and its currently still accepting clients on a weekly basis.
Headed by Dr. Prem Kumar Shanmugam, CEO & Clinical Director of Solace Asia, since the announcement of the soft landing of the movement control order, the organization has observed a 50% increase in enquiries for drug and alcohol addiction treatment, a 70% increase in stimulant-based treatment related to psychotic episodes as a result of amphetamine, methamphetamine (also known as ice, syabu, crystal) abuse.
As for behavioral, such as gambling addictions, sex addictions and internet or gaming addictions, Dr. Prem Kumar Shanmugam added that Solace is already seeing a 30 - 50% increase in enquiries seeking addiction treatment, encouraging anyone experiencing addiction and co-occurring mental health disorders to take actions before one’s health conditions declines further.
http://mrem.bernama.com/viewsm.php?idm=37536
Friday 12 June 2020
P&G BEAUTY CONVENES EXPERT PARTNERS TO DISCUSS RESPONSIBLE GROWTH IN BEAUTY, ANNOUNCES P&G RESPONSIBLE BEAUTY SYSTEMS-THINKING FRAMEWORK
CINCINNATI, June 11 (Bernama-BUSINESS WIRE) -- This week, P&G Beauty convened a virtual meeting with leading global NGOs to discuss the role of the beauty industry in accelerating progress towards a more sustainable, inclusive and resilient future.
Until now, the industry has responded to consumer concerns over safety, quality, origin and sustainability with an array of claims – such as natural, organic or clean – many of which lack clear definitions and standards and are sometimes at odds with one another. The group made up of experts from various NGOs and Alex Keith, CEO, P&G Beauty, recognized that it is more vital than ever to look at these challenges as interconnected rather than individually. For the industry to become future-fit and to build business resilience, the group concluded that it must address systemic challenges through collective action, leveraging the best of science and protecting nature by purposefully bringing the two together.
P&G Beauty is addressing this through its P&G Responsible Beauty platform, a systems-thinking approach rooted in the connections and interdependence of five guiding principles: Quality & Performance; Safety; Sustainability; Transparency, and Equality & Inclusion. As part of the event, P&G Beauty shared the P&G Responsible Beauty 2030 goals (link). One of the goals of P&G Responsible Beauty is openly sharing technologies, programs or processes that can help the beauty industry have a bigger, positive impact on the world. As a tangible first action to bring this goal to life the Company is making publicly available a comprehensive guide for the safe use of botanicals in beauty products (link). The guide, incorporating learnings from over a decade of published research, provides formulators from small to large size beauty brands, with a robust safety approach to assess botanical ingredients and ensure their safe use in products.
The event, co-hosted by Women’s Wear Daily, was attended by media representatives from around the world, and featured P&G Beauty CEO Alex Keith and the P&G Responsible Beauty Advisory Council, an advisory group created more than a year ago to ensure P&G Beauty priorities are well informed by the most innovative, leading-edge thinking and experience. The Council is made up of representatives from Royal Botanic Gardens, Kew (a world leading authority on plant science); World Wildlife Fund (WWF); Rainforest Alliance; Skin Health Alliance; and the Roundtable on Sustainable Biomaterials.
“Making meaningful progress via responsible growth – growth rooted in systems thinking - requires partnership and collaboration,” said Alex Keith, CEO of P&G Beauty, “The P&G Responsible Beauty Advisory Council helps to ensure we are bringing external insights and experience into our decision-making, and applying systems thinking to our plans to ensure we consider the interdependencies of one choice on other critical areas.”
The panel discussion during the event covered a range of topics underscoring the extent to which human health and economic prosperity depend on a healthy, natural world, as well as how systems thinking can help the beauty industry navigate and understand today’s disruptions and provide solutions to build back better in a post-COVID world via a focus on responsible growth.
“Building business resilience in a way that supports a sustainable world, improves quality of life, respects human rights and protects the environment is possible,” said P&G Beauty’s Keith. "For beauty, this means going beyond environmental practices to address the interdependence of all aspects of product development and corporate behavior — all activities that affect the beauty consumer and the world in which we live.”
# # #
About the P&G Responsible Beauty Advisory Council Members:
Rainforest Alliance // Rainforest-alliance.org
The Rainforest Alliance works at the intersection of business, agriculture and forests to make “responsible business” the new normal, protecting forests and improving the lives of farmers and forest communities.
Roundtable on Sustainable Biomaterial // Rsb.org
The Roundtable on Sustainable Biomaterials (RSB) guides the responsible development and production of biomass, biofuels, and biomaterials through sustainability solutions, certification, and collaborative partnerships.
World Wildlife Fund // worldwildlife.org
For almost 60 years, the WWF has been protecting the future of nature. One of the world’s leading conservation organizations, WWF develops solutions to help communities and wildlife thrive.
Royal Botanic Gardens, Kew // kew.org
The global resource for plant and fungal research, the Royal Botanic Gardens, Kew uses their unparalleled expertise, botanical collections, and global partnerships to tackle the critical challenges facing humanity.
Skin Health Alliance // skinhealthalliance.org
The Skin Health Alliance collaborates with dermatologists, researchers and skin scientists to provide independent, scientifically based verification of the safety of beauty products, clinics, treatments, and services.
About P&G:
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
http://mrem.bernama.com/viewsm.php?idm=37525
Until now, the industry has responded to consumer concerns over safety, quality, origin and sustainability with an array of claims – such as natural, organic or clean – many of which lack clear definitions and standards and are sometimes at odds with one another. The group made up of experts from various NGOs and Alex Keith, CEO, P&G Beauty, recognized that it is more vital than ever to look at these challenges as interconnected rather than individually. For the industry to become future-fit and to build business resilience, the group concluded that it must address systemic challenges through collective action, leveraging the best of science and protecting nature by purposefully bringing the two together.
P&G Beauty is addressing this through its P&G Responsible Beauty platform, a systems-thinking approach rooted in the connections and interdependence of five guiding principles: Quality & Performance; Safety; Sustainability; Transparency, and Equality & Inclusion. As part of the event, P&G Beauty shared the P&G Responsible Beauty 2030 goals (link). One of the goals of P&G Responsible Beauty is openly sharing technologies, programs or processes that can help the beauty industry have a bigger, positive impact on the world. As a tangible first action to bring this goal to life the Company is making publicly available a comprehensive guide for the safe use of botanicals in beauty products (link). The guide, incorporating learnings from over a decade of published research, provides formulators from small to large size beauty brands, with a robust safety approach to assess botanical ingredients and ensure their safe use in products.
The event, co-hosted by Women’s Wear Daily, was attended by media representatives from around the world, and featured P&G Beauty CEO Alex Keith and the P&G Responsible Beauty Advisory Council, an advisory group created more than a year ago to ensure P&G Beauty priorities are well informed by the most innovative, leading-edge thinking and experience. The Council is made up of representatives from Royal Botanic Gardens, Kew (a world leading authority on plant science); World Wildlife Fund (WWF); Rainforest Alliance; Skin Health Alliance; and the Roundtable on Sustainable Biomaterials.
“Making meaningful progress via responsible growth – growth rooted in systems thinking - requires partnership and collaboration,” said Alex Keith, CEO of P&G Beauty, “The P&G Responsible Beauty Advisory Council helps to ensure we are bringing external insights and experience into our decision-making, and applying systems thinking to our plans to ensure we consider the interdependencies of one choice on other critical areas.”
The panel discussion during the event covered a range of topics underscoring the extent to which human health and economic prosperity depend on a healthy, natural world, as well as how systems thinking can help the beauty industry navigate and understand today’s disruptions and provide solutions to build back better in a post-COVID world via a focus on responsible growth.
“Building business resilience in a way that supports a sustainable world, improves quality of life, respects human rights and protects the environment is possible,” said P&G Beauty’s Keith. "For beauty, this means going beyond environmental practices to address the interdependence of all aspects of product development and corporate behavior — all activities that affect the beauty consumer and the world in which we live.”
# # #
About the P&G Responsible Beauty Advisory Council Members:
Rainforest Alliance // Rainforest-alliance.org
The Rainforest Alliance works at the intersection of business, agriculture and forests to make “responsible business” the new normal, protecting forests and improving the lives of farmers and forest communities.
Roundtable on Sustainable Biomaterial // Rsb.org
The Roundtable on Sustainable Biomaterials (RSB) guides the responsible development and production of biomass, biofuels, and biomaterials through sustainability solutions, certification, and collaborative partnerships.
World Wildlife Fund // worldwildlife.org
For almost 60 years, the WWF has been protecting the future of nature. One of the world’s leading conservation organizations, WWF develops solutions to help communities and wildlife thrive.
Royal Botanic Gardens, Kew // kew.org
The global resource for plant and fungal research, the Royal Botanic Gardens, Kew uses their unparalleled expertise, botanical collections, and global partnerships to tackle the critical challenges facing humanity.
Skin Health Alliance // skinhealthalliance.org
The Skin Health Alliance collaborates with dermatologists, researchers and skin scientists to provide independent, scientifically based verification of the safety of beauty products, clinics, treatments, and services.
About P&G:
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
http://mrem.bernama.com/viewsm.php?idm=37525
Covid-19: Indonesia lists 4 key steps to assist poor, vulnerable groups
KUALA LUMPUR, June 11 -- Republic of Indonesia Social Affairs Minister, Juliari P. Batubara has conveyed the government’s important steps in handling the impact of the Covid-19 pandemic, particularly for poor and vulnerable groups.
This follows an online meeting themed, ‘Special Online Meeting of the ASEAN Ministerial Meeting on Social Welfare and Development on Mitigating Impact of COVID-19 on Vulnerable Groups in ASEAN’, in which Juliari acted as Indonesian Delegation Chair.
According to a statement, the meeting was opened by ASEAN Secretary-General Datuk Lim Jock Hoi and attended by 10 ASEAN member ministers dealing with social welfare issues.
During the meeting, Juliari delivered four important steps in mitigating the socio-economic impact of the pandemic.
The first step was to increase the number and coverage of social assistance and social safety nets, and amount of assistance for several social protection programmes.
Second, strengthening government investment in the development of Integrated Social Welfare Data, and formulating an adaptive social protection platform, in accordance with the 2019-2024 National Medium-Term Development Plan and Ministry of Social Affairs Strategic Plan 2020-2024.
The fourth is the crucial role of social solidarity.
“In the new (fourth) fiscal stimulus, the government allocates a budget of Rp677.2 trillion, of which Rp203.9 trillion is for social protection,” said the minister. (RM1 = Rp3,310)
This amount increased, compared to the third fiscal stimulus which amounted to Rp405.1 trillion, of which Rp110 trillion is for social protection.
-- BERNAMA
Thursday 11 June 2020
Teledyne Princeton Instruments' Raman spectrometer ideal for biology, medical research, life science
KUALA LUMPUR, June 10 -- Teledyne Princeton Instruments has introduced its new TPIR-785 Raman spectrometer, a fully integrated system that leverages leading-edge spectrograph and camera technologies to optimise performance in the near-infrared (NIR) region.
The TPIR-785 is an ultra-high-sensitivity spectrometer for NIR Raman spectroscopic application areas such as biology, medical research and life science where NIR excitation lasers (785 nm and 830 nm) are preferred for their low fluorescence and deeper penetration depth when measuring biological tissues.
This new system utilises an f/2 spectrograph with custom-designed lens optics to provide the highest light throughput and imaging quality in the NIR spectral range, according to a statement.
“The underlying technologies in TPIR-785 are already proven in cutting edge research, including cancer diagnostics, non-invasive glucose monitoring and cell cytology. We are confident that the integrated TPIR-785 system will enable more researchers to achieve further breakthroughs in these areas,” said Product Manager, Dr Peng Zou.
The TPIR-785 Raman system uses a proprietary CCD that delivers unmatched NIR quantum efficiency (greater than 70 per cent at 1,000 nm). The system includes Teledyne Princeton Instruments’ renowned LightField® imaging and spectroscopy software.
A powerful built-in math engine to perform live data analysis with support for LabVIEW® (National Instruments), MATLAB® (MathWorks), and Python® (PSF), LightField provides scripting for easy integration into complex experiments.
Teledyne Princeton Instruments is a Teledyne Technologies company and world-renowned manufacturer of scientific imaging and spectroscopy equipment. More details at www.princetoninstruments.com.
-- BERNAMA
The TPIR-785 is an ultra-high-sensitivity spectrometer for NIR Raman spectroscopic application areas such as biology, medical research and life science where NIR excitation lasers (785 nm and 830 nm) are preferred for their low fluorescence and deeper penetration depth when measuring biological tissues.
This new system utilises an f/2 spectrograph with custom-designed lens optics to provide the highest light throughput and imaging quality in the NIR spectral range, according to a statement.
“The underlying technologies in TPIR-785 are already proven in cutting edge research, including cancer diagnostics, non-invasive glucose monitoring and cell cytology. We are confident that the integrated TPIR-785 system will enable more researchers to achieve further breakthroughs in these areas,” said Product Manager, Dr Peng Zou.
The TPIR-785 Raman system uses a proprietary CCD that delivers unmatched NIR quantum efficiency (greater than 70 per cent at 1,000 nm). The system includes Teledyne Princeton Instruments’ renowned LightField® imaging and spectroscopy software.
A powerful built-in math engine to perform live data analysis with support for LabVIEW® (National Instruments), MATLAB® (MathWorks), and Python® (PSF), LightField provides scripting for easy integration into complex experiments.
Teledyne Princeton Instruments is a Teledyne Technologies company and world-renowned manufacturer of scientific imaging and spectroscopy equipment. More details at www.princetoninstruments.com.
-- BERNAMA
Wednesday 10 June 2020
RED HAT EXPANDS CLOUD AND SERVICE PROVIDER FOOTPRINT WITH INGRAM MICRO
Partner to deliver high-quality cloud services using the latest open source technologies
SINGAPORE, June 9 (Bernama-BUSINESS WIRE) -- Red Hat Inc., the world's leading provider of open source solutions, today announced that Ingram Micro, Inc. has been appointed as distributor for the Red Hat Certified Cloud and Service Provider (CCSP) program supporting ASEAN countries (Indonesia, Singapore, Malaysia and Thailand) and Hong Kong. As part of the program, Ingram Micro will work with Red Hat to qualify, recruit and onboard partners as Certified Cloud and Service Providers.
The Red Hat Certified Cloud and Service Provider program includes hundreds of cloud, system integrator and managed service providers in Asia Pacific — along with software developers and hardware manufacturers that use Red Hat products and technologies to host physical and virtual machines, set up private and public cloud environments, and provide managed application and container development services. The appointment of Ingram Micro comes in response to this growing interest in managed, multi and hybrid cloud solutions in the region.
According to IDC1, Asia Pacific spending on public cloud services and infrastructure is expected to increase almost three times over the forecast period with a five-year compound annual growth rate of 33% reaching USD 77.6 billion by 2023. The Red Hat CCSP program empowers solution providers in the region with the flexibility and scalability to meet evolving customer needs through open, cloud-based technologies.
Red Hat’s CCSP designation is awarded to partners that meet testing and certification requirements to deliver a scalable, supported and consistent environment with security features designed for enterprise cloud deployments. The globally unified CCSP program assures customers, ISVs and partners that a given solution has been validated by Red Hat product experts so cloud implementations begin with a solid foundation for success.
Certified Cloud and Service Providers can gain access to Red Hat solutions that not only offer a more secure, scalable platform for building public and private clouds, but also empower DevOps to develop, deploy, and manage diverse applications more seamlessly. Some such solutions are Red Hat Enterprise Linux, Red Hat OpenShift Container Platform and Red Hat OpenStack Platform. Providers can use these solutions to improve operational efficiency and flexibility, expand hybrid cloud service offerings, and offer scalable and highly available third-party ISV applications on Red Hat technologies.
http://mrem.bernama.com/viewsm.php?idm=37505
SINGAPORE, June 9 (Bernama-BUSINESS WIRE) -- Red Hat Inc., the world's leading provider of open source solutions, today announced that Ingram Micro, Inc. has been appointed as distributor for the Red Hat Certified Cloud and Service Provider (CCSP) program supporting ASEAN countries (Indonesia, Singapore, Malaysia and Thailand) and Hong Kong. As part of the program, Ingram Micro will work with Red Hat to qualify, recruit and onboard partners as Certified Cloud and Service Providers.
The Red Hat Certified Cloud and Service Provider program includes hundreds of cloud, system integrator and managed service providers in Asia Pacific — along with software developers and hardware manufacturers that use Red Hat products and technologies to host physical and virtual machines, set up private and public cloud environments, and provide managed application and container development services. The appointment of Ingram Micro comes in response to this growing interest in managed, multi and hybrid cloud solutions in the region.
According to IDC1, Asia Pacific spending on public cloud services and infrastructure is expected to increase almost three times over the forecast period with a five-year compound annual growth rate of 33% reaching USD 77.6 billion by 2023. The Red Hat CCSP program empowers solution providers in the region with the flexibility and scalability to meet evolving customer needs through open, cloud-based technologies.
Red Hat’s CCSP designation is awarded to partners that meet testing and certification requirements to deliver a scalable, supported and consistent environment with security features designed for enterprise cloud deployments. The globally unified CCSP program assures customers, ISVs and partners that a given solution has been validated by Red Hat product experts so cloud implementations begin with a solid foundation for success.
Certified Cloud and Service Providers can gain access to Red Hat solutions that not only offer a more secure, scalable platform for building public and private clouds, but also empower DevOps to develop, deploy, and manage diverse applications more seamlessly. Some such solutions are Red Hat Enterprise Linux, Red Hat OpenShift Container Platform and Red Hat OpenStack Platform. Providers can use these solutions to improve operational efficiency and flexibility, expand hybrid cloud service offerings, and offer scalable and highly available third-party ISV applications on Red Hat technologies.
http://mrem.bernama.com/viewsm.php?idm=37505
Saturday 6 June 2020
CSOP Gold Futures Daily (2x) Leveraged Product to be listed on HKEX
KUALA LUMPUR, June 5 -- CSOP Asset Management Limited (CSOP) will list CSOP Gold Futures Daily (2x) Leveraged Product (stock code:7299.HK) on the Hong Kong Stock Exchange today.
As the first leveraged commodity product issued in Hong Kong, 7299.HK provides investment results closely corresponding to twice (2x) the Daily performance of Solactive Gold 1-Day Rolling Futures Index by investing in the active Contracts of gold futures traded on the New York Commodity Exchange.
In the current volatile market circumstances, 7299.HK attracted US$5 million initial investment. The inception price per unit is around HKD 8 with trading lot of 100, and the entry investment is approximately HKD 800. (US$1 = RM4.264)
Throughout history, gold is used to preserve wealth by investors worldwide. Owning gold has been regarded as a good hedge against inflation and deflation alike, and a good portfolio diversifier. As a global store of value, gold can also provide financial cover during geopolitical and macroeconomic uncertainty.
Since beginning of 2020, gold performed among the best assets in the global panics over the COVID-19 epidemics. After the FED announced the unlimited QE policy, the widespread concerns over the inflation pushed the gold price to a new high level.
In the post epidemic time, the Gold price may continue its upward trend among unknown long-term impacts induced by COVID-19, while the easing monetary policy introduced by governments of major economies may further push the gold price to grow.
As a leader in Hong Kong’s L&I market, CSOP has demonstrated a remarkable track record with credibility and success by introducing seven L&I products in Hong Kong, contributing more than 90 per cent AUM and daily turnover to Hong Kong L&I market.
-- BERNAMA
Thursday 4 June 2020
PVH CORP. ANNOUNCES LEADERSHIP UPDATE AT TOMMY HILFIGER AND PVH EUROPE
NEW YORK, June 3 (Bernama-BUSINESS WIRE) -- PVH Corp. (NYSE:PVH), owner of a portfolio of iconic brands including TOMMY HILFIGER and CALVIN KLEIN, announced today that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in various management roles within the organization, and will be leaving the company to pursue other interests. Martijn Hagman will succeed Grieder and become the new Chief Executive Officer, Tommy Hilfiger Global & PVH Europe, effective June 2, 2020.
Hagman is currently Chief Operating Officer, Tommy Hilfiger Global & PVH Europe and Chief Financial Officer, Tommy Hilfiger Global, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability program. He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.
“Tommy Hilfiger Global and PVH Europe came into this year on the same successful path they have been on, with strong sales trends and improving brand awareness, and connecting with consumers,” said Manny Chirico, Chairman and CEO, PVH Corp. “Daniel has been a champion of growing our innovation capabilities and expanding TOMMY HILFIGER’s reach around the world, always pushing for a consumer-centric, digitally-focused and sustainable mindset, while building a very strong management team.”
“It has been a phenomenal 23 years,” said Grieder. “As we are in the midst of this seismic shift in our industry, we find ourselves in a unique position to make a change that I believe will launch us into a new era for the brand. It’s a good feeling to know I can pass my seat to Martijn – he’s been a true friend, trusted confidant and reliable co-pilot on the last 12 years of this journey. There is never a perfect moment to leave an organization you love; the options are to leave too late or too early, and I knew I wanted to make this change while still having the optimism, energy and passion I’ve always held onto in my career.”
Under Grieder’s entrepreneurial leadership, Tommy Hilfiger has been positioned as a leading lifestyle company with best-in-class product, consumer engagement, digitalization and corporate responsibility initiatives. Since Grieder became CEO, Tommy Hilfiger Global & PVH Europe, in 2014, the Tommy Hilfiger business grew from $6 billion to over $9 billion in retail sales in 2019, and the Calvin Klein European business more than doubled in revenues and earnings.
Stefan Larsson, PVH President said, “Together, Daniel and Martijn have instilled a future-focused vision, putting consumers at its core and creating a product-driven culture. We are thankful for Daniel’s many years of strong leadership and great accomplishments. I have great confidence in Martijn as a leader with a deep understanding of the underlying value drivers of the business. His consumer-centric mindset and digitally focused leadership will successfully guide the next era of sustainable and profitable growth for Tommy Hilfiger and the European region.”
Hagman said, “It is an honor to continue to build on the achievements of the TOMMY HILFIGER brand and PVH Europe alongside an exceptional and passionate management team. My thanks to Daniel extend well beyond the unwavering support, development opportunities and leadership he has provided over the years. We are confident in continuing to execute on the current strategic plan, and our focus for the coming months will be on the recovery and rebound phase of our global businesses out of the COVID-19 pandemic.”
Grieder will help transition his responsibilities over the next few months to ensure a smooth and successful transition.
Both Grieder and Hagman have worked side by side with the brand’s founder and Principal Designer Mr. Tommy Hilfiger for many years.
“My belief and excitement for the future of our brand has never been stronger,” said Tommy Hilfiger. “Daniel’s biggest gifts to our organization have been connecting the brand more strongly with our consumers and building a culture within the organization that is devoted to staying on the cutting edge of product, innovation and culture. Martijn has been on that journey, and, together, we’re going to keep writing the future of our brand – along with our partners and consumers around the world.”
http://mrem.bernama.com/viewsm.php?idm=37483
Hagman is currently Chief Operating Officer, Tommy Hilfiger Global & PVH Europe and Chief Financial Officer, Tommy Hilfiger Global, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability program. He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.
“Tommy Hilfiger Global and PVH Europe came into this year on the same successful path they have been on, with strong sales trends and improving brand awareness, and connecting with consumers,” said Manny Chirico, Chairman and CEO, PVH Corp. “Daniel has been a champion of growing our innovation capabilities and expanding TOMMY HILFIGER’s reach around the world, always pushing for a consumer-centric, digitally-focused and sustainable mindset, while building a very strong management team.”
“It has been a phenomenal 23 years,” said Grieder. “As we are in the midst of this seismic shift in our industry, we find ourselves in a unique position to make a change that I believe will launch us into a new era for the brand. It’s a good feeling to know I can pass my seat to Martijn – he’s been a true friend, trusted confidant and reliable co-pilot on the last 12 years of this journey. There is never a perfect moment to leave an organization you love; the options are to leave too late or too early, and I knew I wanted to make this change while still having the optimism, energy and passion I’ve always held onto in my career.”
Under Grieder’s entrepreneurial leadership, Tommy Hilfiger has been positioned as a leading lifestyle company with best-in-class product, consumer engagement, digitalization and corporate responsibility initiatives. Since Grieder became CEO, Tommy Hilfiger Global & PVH Europe, in 2014, the Tommy Hilfiger business grew from $6 billion to over $9 billion in retail sales in 2019, and the Calvin Klein European business more than doubled in revenues and earnings.
Stefan Larsson, PVH President said, “Together, Daniel and Martijn have instilled a future-focused vision, putting consumers at its core and creating a product-driven culture. We are thankful for Daniel’s many years of strong leadership and great accomplishments. I have great confidence in Martijn as a leader with a deep understanding of the underlying value drivers of the business. His consumer-centric mindset and digitally focused leadership will successfully guide the next era of sustainable and profitable growth for Tommy Hilfiger and the European region.”
Hagman said, “It is an honor to continue to build on the achievements of the TOMMY HILFIGER brand and PVH Europe alongside an exceptional and passionate management team. My thanks to Daniel extend well beyond the unwavering support, development opportunities and leadership he has provided over the years. We are confident in continuing to execute on the current strategic plan, and our focus for the coming months will be on the recovery and rebound phase of our global businesses out of the COVID-19 pandemic.”
Grieder will help transition his responsibilities over the next few months to ensure a smooth and successful transition.
Both Grieder and Hagman have worked side by side with the brand’s founder and Principal Designer Mr. Tommy Hilfiger for many years.
“My belief and excitement for the future of our brand has never been stronger,” said Tommy Hilfiger. “Daniel’s biggest gifts to our organization have been connecting the brand more strongly with our consumers and building a culture within the organization that is devoted to staying on the cutting edge of product, innovation and culture. Martijn has been on that journey, and, together, we’re going to keep writing the future of our brand – along with our partners and consumers around the world.”
http://mrem.bernama.com/viewsm.php?idm=37483
China releases master plan for Hainan free trade port
KUALA LUMPUR, June 3 -- Chinese authorities recently released a master plan for the Hainan free trade port, aiming to transform it into a globally-influential high-level free trade port by the middle of the century.
A free trade port system focusing on trade and investment liberalisation and facilitation will be ‘basically established’ in Hainan by 2025 and become ‘more mature’ by 2035.
This is according to the plan jointly issued by the Central Committee of the Communist Party of China and the State Council.
The authorities expect to make Hainan, China's largest special economic zone, the frontline of China's integration into the global economic system, according to the plan.
Hainan will be given more autonomy in reform and encouraged to make both the laws and regulatory system more flexible and efficient, thus clearing institutional obstacles hampering the flow of production factors.
Based on a statement, the construction of the free trade port will provide support to national strategic goals in terms of institutional innovation, growth impetus and greater opening-up.
Hainan will enhance exchanges and cooperation with Southeast Asian countries, and promote joint development with the Guangdong-Hong Kong-Macao Greater Bay Area.
The master plan also envisions grasping opportunities in the technological and industrial revolution, focusing on tourism, modern services and high-tech industries to foster new competitive edges for the island.
-- BERNAMA
A free trade port system focusing on trade and investment liberalisation and facilitation will be ‘basically established’ in Hainan by 2025 and become ‘more mature’ by 2035.
This is according to the plan jointly issued by the Central Committee of the Communist Party of China and the State Council.
The authorities expect to make Hainan, China's largest special economic zone, the frontline of China's integration into the global economic system, according to the plan.
Hainan will be given more autonomy in reform and encouraged to make both the laws and regulatory system more flexible and efficient, thus clearing institutional obstacles hampering the flow of production factors.
Based on a statement, the construction of the free trade port will provide support to national strategic goals in terms of institutional innovation, growth impetus and greater opening-up.
Hainan will enhance exchanges and cooperation with Southeast Asian countries, and promote joint development with the Guangdong-Hong Kong-Macao Greater Bay Area.
The master plan also envisions grasping opportunities in the technological and industrial revolution, focusing on tourism, modern services and high-tech industries to foster new competitive edges for the island.
-- BERNAMA
AGROBANK ANNOUNCES SME MONTH 2020
KUALA LUMPUR, June 2 (Bernama) -- Agrobank has announced that the month of June as the Agrobank SME Month 2020. The aim is to highlight the importance and strong contribution of SMEs particularly entrepreneurs in agri-businesses (agropreneurs) to the livelihoods, communities and economies. This is held in conjunction with the International Micro, Small and Medium-sized Enterprises (MSME) Day as designated by the United Nations on 27th June every year.
Khadijah Iskandar, covering President/CEO of Agrobank, said “SME is the backbone of our economy. Agrobank believes that it is good to recognise their contribution to the economy and highlight how SME are coping with the changing business landscape.”
http://mrem.bernama.com/viewsm.php?idm=37474
Khadijah Iskandar, covering President/CEO of Agrobank, said “SME is the backbone of our economy. Agrobank believes that it is good to recognise their contribution to the economy and highlight how SME are coping with the changing business landscape.”
http://mrem.bernama.com/viewsm.php?idm=37474
Wednesday 3 June 2020
CITI MARKETS AND SECURITIES SERVICES IN ASIA PACIFIC RAISES USD 1 MILLION TO SUPPORT COVID-19 RELIEF EFFORTS
KUALA LUMPUR, June 1 (Bernama) -- Citi on May 28 announced that it has raised USD 1 million in Asia Pacific in an effort to support the United Nations Development Programme (UNDP) to address COVID-19 challenges across the region.
The fund-raising was a joint effort by several Markets and Securities Services businesses including Regional Cash Equities, Rates & Currencies, and Corporate Sales & Solutions, to donate a percentage of their revenues during the campaign period of May 18-22.
“These are historic times and the COVID-19 pandemic poses a test for our generation like none we have seen,” says Stuart Staley, Citi’s Asia Pacific Head of Markets and Securities Services. “This was an employee-led initiative that was designed to address the disproportionally large impact that the Coronavirus is having on vulnerable communities throughout the APAC region. We are grateful to our clients for their continued support and partnering with us to make a positive difference in the communities that we serve across the region.”
Citi’s contribution to the UNDP will be utilized for the most vulnerable and marginalized communities across the region, including families below the poverty line, women at risk and migrant workers. It will be used for providing socio-economic recovery and livelihood support, including food rations, medical supplies and personal protection equipment, to those most impacted from COVID-19, due to loss of livelihood and inaccessibility to healthcare and essential needs. To learn more about UNDP’s response to COVID-19, please visit their website.
http://mrem.bernama.com/viewsm.php?idm=37461
The fund-raising was a joint effort by several Markets and Securities Services businesses including Regional Cash Equities, Rates & Currencies, and Corporate Sales & Solutions, to donate a percentage of their revenues during the campaign period of May 18-22.
“These are historic times and the COVID-19 pandemic poses a test for our generation like none we have seen,” says Stuart Staley, Citi’s Asia Pacific Head of Markets and Securities Services. “This was an employee-led initiative that was designed to address the disproportionally large impact that the Coronavirus is having on vulnerable communities throughout the APAC region. We are grateful to our clients for their continued support and partnering with us to make a positive difference in the communities that we serve across the region.”
Citi’s contribution to the UNDP will be utilized for the most vulnerable and marginalized communities across the region, including families below the poverty line, women at risk and migrant workers. It will be used for providing socio-economic recovery and livelihood support, including food rations, medical supplies and personal protection equipment, to those most impacted from COVID-19, due to loss of livelihood and inaccessibility to healthcare and essential needs. To learn more about UNDP’s response to COVID-19, please visit their website.
http://mrem.bernama.com/viewsm.php?idm=37461
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