Friday, 2 March 2018

Datacloud Asia 2018 Forum In Singapore On March 22

KUALA LUMPUR, March 2 (Bernama) -- BroadGroup, an international event and consulting group, will stage the second edition of Datacloud Asia, the world-renowned forum for data centre and cloud on March 22, in Singapore.
Innovators, investors, industry leaders and enterprises will gather to debate the Asia drivers, challenges and enterprise infrastructure opportunities in the world’s premier networking and business deal-making congress for data centre and cloud.
The event will also feature an outstanding roster of speakers from leading regional and international players.
The speakers will provide an impressive enterprise-driven programme including a keynote by Uber’s head of global telecom sourcing, Rahul Vijay.
“2018 will herald large-scale Internet of Things deployments, and the need for new-edge computing strategies,” said chairman of BroadGroup, Philip Low.
“Asia also has the opportunity to build on increased IT deployment by local and international enterprises and we are again bringing this highly networking and ROI-focused forum to support this process,” he said.
During the event, the Annual Datacloud Asia Awards will also be held to recognise genuine innovations and continuing evolution of the sector.
-- BERNAMA

Thursday, 1 March 2018

UPDATE - FORMER PEPSICO SENIOR EXECUTIVE NAMED CEO OF ARBITRADE

NEW YORK, Feb 27 (Bernama-GLOBE NEWSWIRE) -- The Board of ARBITRADE is pleased to announce that the role of the Chairman of the Board of Directors, Leonard Schutzman, has been expanded to Chief Executive Officer.

Mr. Schutzman had a distinguished thirty-year career at PepsiCo, Inc., serving in a variety of leadership positions including Treasurer of PepsiCo Corporate, and Chief Financial Officer of Pepsi Cola International, Frito-Lay and Taco Bell.
http://mrem.bernama.com/viewsm.php?idm=31287

UPDATE -- ARBITRADE AND CRYPTOBONIX ENGAGE GLOBAL LAW FIRM HFW

Helping to structure a first of a kind agreement backing the firm's tokens with gold

NEW YORK, Feb 28 (Bernama-GLOBE NEWSWIRE) -- The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained HFW, a global law firm specializing in all areas of international trade and commodities. The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious metals.

In making the announcement, Cryptobonix Chairman, Leonard Schutzman, said, "Creating a cryptocurrency backed by precious metals is a cornerstone of our global marketing strategy. We are fortunate to have been able to engage this world class firm, so adept at dealing with international commodity law, to work with us in bringing this key objective closer to completion." 
http://mrem.bernama.com/viewsm.php?idm=31300

Alps Electric Exhibits At Convergence India 2018 This March

KUALA LUMPUR, March 1 (Bernama) -- Alps Electric Co. Ltd., a Japanese electronic components manufacturer, will be exhibiting at Convergence India 2018 from this March 7 to 9.

The event, South Asia's largest ICT exposition, will be held at Pragati Maidan in New Delhi, India.

Alps Electric will introduce its technologies, with particular focus on the Internet of Things (IoT) and automotive electronic markets.

The company will be highlighting its IoT sensor network modules and V2X (Vehicle-to-X) communication modules at the event.

The sensor network modules are able to collect a variety of data and essential for IoT business creation.

Meanwhile, the V2X communication modules, the industry's first to be mass-produced, support both single and dual antenna (transmit/receive diversity).

Visitors can visit Alps Electric's booth at Booth C117, Hall 11.

-- BERNAMA

WANTEDLY REACHES 1,000 REGISTERED COMPANIES IN SINGAPORE AND CONTINUES INTERNATIONAL EXPANSION INTO HONG KONG AND GERMANY---AND IT'S JUST THE BEGINNING

TOKYO, March 1 (Bernama-BUSINESS WIRE) -- Wantedly, Japan’s social recruiting startup today announced that it has signed 1,000 companies in Singapore. In less than a year after Wantedly Singapore’s launch in March 2017, they’ve achieved this key milestone.

And that’s not all. Wantedly has also opened new offices in Hong Kong and Germany and plans to expand to more international markets.
 
Wantedly’s international expansion
 
Launched in February 2012, Wantedly is a social hiring platform that allows companies and talents to meet based on shared mission, vision, and passion, rather than salary and benefits. Wantedly began studying the Asian market in 2014 and officially launched Wantedly Singapore in early 2017. They succeeded in amassing 1,000 companies to the platform during their first year in Singapore and they’re just getting started. Newly established Wantedly Hong Kong and Wantedly Germany will follow with efforts in client acquisition and grow rapidly in their markets.
 
While startups continue to struggle to hire talent, Wantedly stands out from competitors as the platform that allows companies to attract passive job seekers based on the company’s vision and brand story. Wantedly is bringing a refreshing take on the recruitment scene with its dynamic approach to building a fulfilling career based on passion.
 
Wantedly is also proud to introduce a new feature in Singapore: Scout Mail, a direct and personal way for employers to reach talents on the platform. Employers can search by education, work experiences, keywords, and get in touch with out-of-network talents directly and share the teams’ purpose. The results so far have been excellent. With an industry-leading response rate, many companies have been showing interest in the new release.
 
http://mrem.bernama.com/viewsm.php?idm=31321

A.M. BEST DOWNGRADES CREDIT RATINGS OF TUGU INSURANCE COMPANY LIMITED

SINGAPORE, March 1 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” from “bbb” of Tugu Insurance Company Limited (TIC) (Hong Kong). The outlook of these Credit Ratings (ratings) is negative.
 
The ratings reflect TIC’s balance sheet strength, which A.M. Best categorizes as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management (ERM).
 
The negative outlooks are based primarily on uncertainty regarding TIC’s capitalization. It also reflects the company’s low liquidity buffers.
 
TIC’s balance sheet strength is currently strong and supported by low underwriting leverage ratios. However, liquidity buffers are low and there is uncertainty over TIC’s future capitalization, as its parent intends to dispose of its ownership of TIC and repatriate major assets. While A.M. Best expects that TIC will be capitalized to satisfy regulatory requirements, no details are available to assess its risk-adjusted capitalization after the change in ownership.
 
TIC’s business profile is limited. The company has faced challenges in finding profitable sources of premium growth, which has led to combined ratios that have been above industry average in the five years to Dec. 31, 2017.

http://mrem.bernama.com/viewsm.php?idm=31318

MQA To Hold Customers Day

KUALA LUMPUR, Feb 28 (Bernama) -- Those keen to connect with the Malaysian Qualifications Agency (MQA) are encouraged to attend the agency's Customers Day every Thursday of the first and third week of the month.

The programme will be held at the Level 1 Gallery, MQA Landmark Building in Cyberjaya, Selangor from 9 am to 1 pm.

MQA, in a statement today, said the approach was taken to foster closer relationship between MQA and its customers, thus facilitating gathering of feedback towards improving its processes and quality of services.

The Customers Day provides an opportunity for the providers of higher education, stakeholders, other interested parties and the public to deal directly with MQA Chief Executive Officer Datuk Dr Rahmah Mohamed and its other officers through direct interaction or face-to-face discussions.

Members of the public interested to attend the MQA Customers Day are advised to make an appointment by contacting S. Nagaletchumy at 03-7968 3341 or email to nagaletchumy@mqa.gov.my.

-- BERNAMA