FINTERRA LEADS AT THE 2ND FAR EAST BUSINESS LEADERSHIP AWARDS 2018

KUALA LUMPUR, Nov 1 (Bernama) -- The prestigious Far East Business Leadership Awards 2018, held recently in Beijing, has recognised FINTERRA’s Managing Director, Satesh Khemlani, as a global leader in the development of social solutions built on blockchain technology and conferred him with the “Excellence in Blockchain” Leadership Award.

Organised by both the Sino European Industry and Business Association (SEIBA), an initiative under the China EU Urbanisation partnership with the support of the China central government, along with Asia Pacific CSR Council and China Cultural Information Association (CCIA) – the event aims to recognise leadership excellence globally.

Honoured in front of an audience of dignitaries from the China Central Government, ambassadors and industry peers, Mr. Khemlani said the award was a testimony “to the hard work and dedication of all at Finterra whose vision was only exceeded by his own in the desire to provide a Social Solution for Blockchain for all”

Mr. Khemlani went on the say that as Finterra continues to push technological boundaries in the use of blockchain, his intention is to continue to lead the company in driving innovation and being the benchmark in the industry for products and services that drive social inclusion and deliver exceptional value for users through the Finterra ecosystem.

About FINTERRA
FINTERRA is a start-up fintech company, specialising in harnessing and building solutions aimed at Global use cases and problem statements that are built on the GALLACTIC blockchain platform, positioning Finterra to be a global leader in next generation Fintech, providing “Social Solutions for Blockchain”.

FINTERRA has satellite offices and teams across Singapore, Kuala Lumpur, Hong Kong, Abu Dhabi and New York.
 
About Far East Asia Business Leadership Award
In 2012, under the China EU Urbanisation partnership and the support of the China central government, the Sino European Industry and Business Association (SEIBA) was founded by leading entrepreneurs and investment institutions aiming to promote business cooperation and the mutual prosperity of China and EU. Along with Asia Pacific CSR Council and China Cultural Information Association (CCIA) they are the organisers of the 2nd Far East Business Leadership Awards 2018 program. The programme looks to recognise niche leadership, development, and organisational excellence, with leadership brands, and innovation globally.
 
For further information, please visit www.finterra.org.

http://mrem.bernama.com/viewsm.php?idm=33131

SolarWinds exhibits portfolio of infrastructure management software at VMworld 2018 Europe

KUALA LUMPUR, Nov 1 (Bernama) – SolarWinds, an IT management software provider, will exhibit its unified portfolio of infrastructure management software at VMworld® 2018 Europe in Barcelona, Spain from Nov 5 to 8, 2018.

The software is designed to help technology professionals monitor their IT systems environment from application to spindle – to quickly find performance issues and correlations between all the layers, according to a statement.

Built on the Orion® Platform, the SolarWinds unified infrastructure management portfolio and integration features such as AppStack™, PerfStack™ and AppInsights™ can help make the process of preventing and troubleshooting incidents easier, whether on-prem, in the cloud or in hybrid environments.

SolarWinds® Virtualization Manager (VMAN) is designed to be an intuitive tool for virtualization monitoring, performance management, capacity planning, and optimization across VMware vSphere® and Microsoft® Hyper-V® environments.

During the event, SolarWinds Head Geek™ and VMware® vExpert™, Thomas LaRock, will also co-present “Performance Deep Dive for Demanding Virtual Database Servers” on November 7.

He will share the deep-dive skills to troubleshoot and improve the performance of the most demanding virtualized database servers.

LaRock has over 20 years of IT experience as programmer, developer, analyst and database administrator. He is also a Microsoft Certified Master, VMware vExpert, Microsoft Certified Trainer and 10-time Microsoft Data Platform MVP. More details at www.solarwinds.com

-- BERNAMA

"NEW CHITOSE AIRPORT INTERNATIONAL ANIMATION FILM FESTIVAL 2018" SCHEDULED FROM NOVEMBER 2 (FRIDAY) TO NOVEMBER 5 (MONDAY)

SAPPORO, Japan, Oct 30 (Bernama) -- "New Chitose Airport International Animation Film Festival 2018" is to be held from November 2 (Friday) to November 5 (Monday). This festival, held inside a terminal building of the airport, marks the fifth anniversary. It is an international festival for the promotion of exchanges with domestic and international artists and fans in the field of animation, which is a world-wide culture, mainly set on a movie theater on the 4th floor of the domestic terminal. 

(Logo: https://kyodonewsprwire.jp/img/201810299695-O3-4VDuNmBc) 

(Image: https://kyodonewsprwire.jp/prwfile/release/M102801/201810299695/_prw_PI1lg_9LGiWck2.jpg) 

Competition programs are the pillar of the festival. In the short-work competition, 76 films were selected from 2,043 works submitted from 86 countries and regions around the world while 5 films will be screened in the feature competition, which is to be newly established this year. 

(Photo: https://kyodonewsprwire.jp/prwfile/release/M102801/201810299695/_prw_PI2lg_4r24Nyjw.jpg) 

The festival has special programs as well. The feature film "Liz and the Blue Bird," made by the staff of the movie "A Silent Voice," will be screened with powerful sound equipment originally used for live music performances. Director Naoko Yamada will visit the festival for a stage greeting. The Hokkaido region will also welcome "Homecomings & Naoya Sanuki," a Kyoto-based band which will present "New Neighbors," a collaboration event between music and film, for the first time. The screening of "Isle of Dogs" will be accompanied by an acoustic live performance by Homecomings. In addition, the festival will show a variety of other programs, including the Bakuon (exploding sound) screening of "5 Centimeters Per Second" by Makoto Shinkai, special free screening of "Summer Camp Island" which will be aired next year on Cartoon Network. 

YouTube: https://youtu.be/AghD1Z_zwmY 

Furthermore, at the 2nd-floor Center Plaza on the domestic flight terminal, admission-free events such as "after-recording" experiences of voice actors and animation workshops will be held. Please check the official website of the festival (http://airport-anifes.jp/en/) for details. 

SOURCE: New Chitose Airport International Animation Festival Executive Committee

--BERNAMA 

Toshiba launches new amplifier for car audios

KUALA LUMPUR, Oct 31 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched "TCB702FNG” -- an addition to its 4-channel high-efficiency linear power amplifiers for car audios -- to meet current market requirements for high efficiency.

Sample shipments start today with mass production scheduled to begin in the first quarter of 2019, a statement said.

The new launched "TCB702FNG” has been improved by Toshiba on its technology to realize efficiency comparable with a digital high efficiency of class D amplifier in actual operating range (0.5 to 4W).

The power consumption is cut by up to 80 per cent of that for a typical class AB amplifier. The new amplifier can diagnose errors and contribute to a suitable set design by changing the detection setting for gain or time constants.

It also includes full-time error detection of output DC offset voltage, which can quickly detect abnormal output offset voltage and prevent speaker burnout, improving set reliability.

Toshiba is among the leading general devices companies. It offer customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. More details on https://toshiba.semicon-storage.com/ap-en/top.html.

-- BERNAMA

South Korea´s non-life insurance sector has stable outlook - Report

KUALA LUMPUR, Oct 31 (Bernama) -- South Korea non-life insurance sector has a stable outlook, despite operating and regulatory environments that remain challenging for insurance companies according to A.M. Best in the Best’s Market Segment Report.

The report, “Market Segment Outlook: South Korea Non-Life” stated that although the overall market is facing increased top-line pressures and tightening regulations, the industry still expects improved underwriting profitability in the coming year.

In terms of underwriting performance, the industry’s overall combined ratio has faced two offsetting trends in the past four years with a decreasing loss ratio (mainly due to premium hikes in the long-term and automobile insurance lines) and an increasing expense ratio (a result of heightened competition in the long-term insurance line).

Market growth which had been strong until around 2012 has slowed in recent years from stagnant growth in the industry’s largest business line, long-term insurance including various personal line products such as accident, health, drivers, savings and annuities.

It is reported that slower growth in the second-largest business line, automobile insurance, as large companies began cutting rates in 2017, pushed overall market growth further down to 1.4 per cent year over year in the first half of 2018.

The main source of profits for South Korea’s non-life insurers is investment income and companies’ investment returns have demonstrated a slightly declining trend over the past five years.

Under current market situations with a lack of strong growth drivers, product innovation can be a key differentiator not just to fight for market share but also to secure higher profitability, a statement said.

Despite increasing administrative burdens on insurers, especially in the short term, A.M. Best believes that the whole industry will benefit from stronger capital and risk management in the future.

-- BERNAMA

Mitsui Chemicals partners Chitose Group to foster businesses and talents

KUALA LUMPUR, Oct 29 (Bernama) -- Mitsui Chemicals Inc and Chitose Group -- a group of biotechnology startups -- jointly launched the "0 to 1 Project" as a novel open innovation initiative to foster business and talents based on unique technology seeds.

To commercialise Mitsui Chemicals’ plant cell culture technology and Chitose Group’s microbiota-activated cultivation technology, Chitose Group has established PHYTO Renaissance Inc and Tierraponica Inc  respectively.

Chitose Group, head office in Singapore also accepts Mitsui Chemicals -- a global chemical company  head office in Tokyo – employees as a representative of each company and aims to put the businesses of both companies on growth track, a statement said.

The new businesses must go through a series of phases, starting-up from 0 to 1, 1 to 10 and 10 to 10,000 with each phase requiring entirely different funding levels, human resources and organisational structures.

Chitose Group is experiences in developing skills and know-hows for launching new businesses (= from phase 0 to 1) based on biotechnology in a wide range of fields such as agriculture, energy, medicine and food.

Mitsui Chemicals has sent two employees as a representative of each new company in order to obtain and accumulate skills and know-hows for the 0 to 1 phase by implementing “hypothesis - execution process” quickly and frequently while maintaining a sense of speed.

The project was launched last April and is set to run for a three-year period and concluding in March 2021, the statement said.

-- BERNAMA  

CDC SUPPORTS ANTI-CORRUPTION SUMMIT WITH LIVE STREAM

KUALA LUMPUR, Oct 29 (Bernama) – Commerce Dot Com Sdn Bhd (CDC) will be live-streaming the keynote address of Prime Minister Tun Dr Mahathir Mohamad, as well as deliberations during the Anti-Corruption Summit 2018 on Oct 30, via YouTube and Facebook.

The one-day summit is being co-organised by Transparency International Malaysia (TI Malaysia) and Aram Global Sdn Bhd.

The broadcast through commercedotcomTV and TI Malaysia’s Facebook platform from Hotel Istana Kuala Lumpur will begin at 9am.

The Malaysian premier’s speech is titled ‘A Sustainable Path for Malaysia to Eradicate Corruption’, while during the conference, ‘The Battle Against Ill-Gotten Money: What Needs to Be Done?’, ‘The Need for Protection of Whistle-Blowers for Malaysia Baharu’, ‘Corporate Money and Political Parties – What Would Be the Best for Political Financing Legislation?’ and 'Eliminating Corruption in The Public Sector’, will be discussed.

CDC said in a statement: “The summit’s six plenary sessions will see an exchange of views on corruption and integrity. Some 800 people of various backgrounds will be attending.”

Economic Affairs Minister, Datuk Seri Azmin Ali, is expected to grace the closing ceremony.

The summit also enjoys the support of Petronas, Tenaga Nasional Bhd (TNB), Telekom Malaysia Bhd, Top Glove, Thumbprints Ltd and MERCER.

-- BERNAMA