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Center for Creative Leadership Earns Third Straight Top 5 Ranking from Financial Times

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SINGAPORE  /PRNewswire/ — For the third year in a row, the Center for Creative Leadership (CCL®) ranks No. 4 overall in the Financial Times worldwide survey of executive education, which was released today.

CCL also ranks No. 6 globally for Open Enrollment programs and No. 7 for Custom programs in the 2016 survey.

Additionally, the Financial Times rates institutions in 10 sub-categories for Open Enrollment and Custom.

In Open Enrollment, CCL ranked in the Top 10 in eight categories: Preparation; Course Design; Teaching Methods & Materials; Faculty; New Skills & Learning; Food & Accommodations; Aims Achieved; and Facilities.

In Custom, CCL also placed in the Top 10 in eight categories: Preparation; Program Design; Teaching Methods and Materials; New Skills & Learning; Follow-Up; Aims Achieved; Facilities; and Future Use. CCL also ranked No. 1 for the second straight year for the number of international participants in its Custom programs, reflecting the growing global reach and impact of its offices in Africa, Asia, Europe and North America.

CCL is the only institution – from more than 85 in the rankings – that focuses exclusively on leadership development.

The rankings are based on direct feedback from organizational and individual clients who rated leading executive education providers, including Harvard, Wharton, IMD and Insead, for quality and impact.

“This survey features a highly competitive field, and CCL’s continued success reflects the results we deliver for the many individuals and organizations we are privileged to serve,” said CCL President and CEO John R. Ryan. “Clients throughout the world entrust us with their leadership journeys, and we are very grateful for the partnership.”

“DBS has partnered CCL on key leadership programs for our seniors and hi-pos in the last three years with great success and feedback. With the expert facilitation, coaching by CCL’s team of experienced facilitators and ability to adopt learning methodologies, DBS leaders have experienced multi-dimensional perspectives and in-depth reflection on their leadership and career journeys,” said Lee Yan Hong, Managing Director and Head of Group Human Resources, DBS Bank. “Many thanks to CCL for being part of DBS’ transformational journey.”

“We couldn’t be more pleased to be placed amongst the top providers for executive education globally – extending our impact of developing leaders and transforming organizations, while benefitting societies worldwide,” said Dr Roland Smith, Senior Vice President and Managing Director, Asia-Pacific, CCL. “As we pursue our belief of lifelong learning amidst a volatile environment of change, we aim to continue bringing our latest research knowledge and innovative solutions to leadership development journeys throughout the nation and region.”

About CCL
The Center for Creative Leadership (CCL®) is a top-ranked, global provider of leadership development. By leveraging the power of leadership to drive results that matter most to clients, CCL transforms individual leaders, teams, organizations and society. Our array of cutting-edge solutions is steeped in extensive research and experience gained from working with hundreds of thousands of leaders at all levels. Ranked among the world’s Top 5 providers of executive education by Financial Times and in the Top 10 by Bloomberg BusinessWeek and the Financial Times, CCL has offices in Greensboro, NC; Colorado Springs, CO; San Diego, CA; Brussels, Belgium; Moscow, Russia; Addis Ababa, Ethiopia; Johannesburg, South Africa; Singapore; New Delhi-NCR,India; and Shanghai, China.

MEDIA CONTACT: Molly Chin
Center for Creative Leadership
T: +65-6854-6009
E: chinm@ccl.org

Source: The Center for Creative Leadership
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Written by asiafreshnews

May 27, 2016 at 5:36 pm

Posted in Uncategorized

New FDM 3D Printer Enhancements Make Stratasys Solutions Stronger, Simpler and Faster for Demanding Industrial Applications

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— New material ST-130 and Fortus 900mc Acceleration Kit available to enhance the production of hollow composite parts and large models
— ULTEM 9085 Aerospace grade filament with precise traceability enables manufacturers to produce parts in compliance with strict aerospace requirements
— Tough PC-ABS material now on Fortus 380mc and Fortus 450mc 3D Printing Systems

HONG KONG  /PRNewswire/ —  Stratasys Asia Pacific, subsidiary of Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today introduced four new enhancements to Stratasys Fused Deposition Modelling (FDM®)-based 3D printers, fully optimizing selected models for creating functional product prototypes, production tools and end-use parts for the most demanding manufacturing applications.

Easier to Manufacture Complex Hollow Composite Parts with New Sacrificial Tooling Solution

3D printed sacrificial tooling, or 3D printed molds and mandrels, enables manufacturers to rapidly and cost-effectively create complex composite parts with geometries that would normally trap the tool. To further improve the process, Stratasys is introducing an innovative sacrificial tooling solution, featuring the new ST-130 material along with alternative fill patterns designed for faster dissolution, rapid build speed, and greatly improved tool quality and autoclave performance.

The new sacrificial tooling solution is available for the Fortus 450mc and 900mc 3D Printers.

“Ideal for automotive, aerospace and sporting goods industries, the new ST-130 material empowers manufacturers of composite parts with an accelerated, more cost-effective option for sacrificial tooling,” said Ryan Sybrant, Director, Manufacturing Marketing and Enablement at Stratasys.

The new material is available for the Stratasys Fortus 450mc and 900mc 3D Printers.

Fortus 900mc Acceleration Kit — for Rapid Production of Composite Tooling

Producing the large composite parts and associated tooling, typing used in aerospace, automotive and similarapplications can take several weeks to many months for fabrication. To reduce production time and cost, Stratasys has developed the Fortus 900mc Acceleration Kit. The new solution allows very large tools to be produced up to three times faster in ASA and ULTEM™ 1010 materials.

ULTEM 9085 Aerospace: First ULTEM Material with Full Aerospace Traceability

Aerospace engineers and manufacturers need materials that meet air worthiness requirements for flight hardware. To meet these challenging requirements, Stratasys produces ULTEM9085 Aerospace grade filaments to a detailed specification developed in consultation with multiple aerospace customers. While there is no change to the ULTEM 9085 material properties, the Aerospace designation enables full production traceability in compliance with strict aerospace requirements. In addition to the Stratasys Certificate of Compliance, each order of ULTEM 9085 Aerospace grade filament is provided with traceability documentation and a certificate of analysis confirming batch material properties.

Engineers can begin prototyping sooner – avoiding lengthy time-to-market for new aerospace designs and high costs resulting from late development design changes. ULTEM 9085 Aerospace is also optimized for low-volume or custom tooling applications.

Tough PC-ABS Material Now Available on More Stratasys 3D Printers

With its high durability and smooth matte finish, PC-ABS is a natural choice for challenging applications, such as power-tool prototyping and industrial equipment manufacturing. Owners of the Fortus 380mc and 450mc 3D Printers will now have the ability to leverage PC-ABS, reducing time-to-market and high tooling costs for low-volume and custom production builds. 3D printing in real engineering thermoplastics results in stronger parts, more confident testing and prototypes that mimic the material properties of the final product.

“We believe that these new enhancements will greatly increase the impact of Stratasys FDM 3D printing solutions, clearly demonstrating a commitment to the ongoing success of our manufacturing customers. Each new feature is designed to address specific manufacturing requirements – including speed, ease-of-use and creation of new industrial applications,” added Sybrant.

Download high resolution images of models produced through sacrificial tooling and the Fortus 900mc Acceleration Kit here.

For more information about any of these enhancements, please contact a reseller or visit Stratasys’ website.

For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing — shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company’s solutions provide customers with unmatched design freedom and manufacturing flexibility — reducing time-to-market and lowering development costs, while improving designs and communications. Stratasys subsidiaries include MakerBot and Solidscape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs.  With more than 2,700 employees and 800 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. Visit us online at: www.stratasys.com or http://blog.stratasys.com/, and follow us on LinkedIn.

Note Regarding Forward-Looking Statements

The statements in this press release relating to Stratasys’ beliefs regarding the benefits consumers will experience from the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material, Stratasys’ expectation on the timing of shipping the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material are forward-looking statements reflecting management’s current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys’ business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that consumers will not perceive the benefits of the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material to be the same as Stratasys does; the risk that unforeseen technical difficulties will delay the shipping of the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material; and other risk factors set forth under the caption “Risk Factors” in Stratasys’ most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 21, 2016. Stratasys is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by the rules and regulations of the SEC.

Stratasys Media Contacts
Stratasys AP
Janice Lai
Tel. +852 3944 8888
Media.ap@stratasys.com

Logo – http://photos.prnasia.com/prnh/20151028/8521507142

Source: Stratasys AP

Related stocks: NASDAQ-NMS:SSYS

Written by asiafreshnews

May 27, 2016 at 4:44 pm

Posted in Uncategorized

Cate Blanchett Attends the Sì Gathering Day Celebrating the New Fragrance Sì Le Parfum and the Sì Women’s Circle

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LONDON /PRNewswire/ —

#SaySì

To celebrate the launch of the fragrance Sì Le Parfum and the Sì Women’s Circle, an exclusive cocktail party was held today at Florence Hall in London, in the presence of Academy Award® winning actress Cate Blanchett, the face of the fragrance, and Roberta Armani.

(Photo: http://photos.prnewswire.com/prnh/20160525/371937 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371938 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371939 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371940 )

During the afternoon, press from all over the world discovered the new feminine fragrance Sì Le Parfum , set to launch in most countries this September.

Giorgio Armani says: “ is my tribute to modern femininity – an irresistible combination of grace, strength and independence of spirit.”

To celebrate the first edition of the Sì Women’s Circle – a virtual project created by Giorgio Armani to give a voice to today’s women – the event was attended by three of the five women who have told their stories as part of this initiative. The women featured in the five videos made for the Sì Women’s Circle project have one thing in common: they have all had the courage to say yes – or ‘sì’ – to themselves and to their dreams and passions.

Cate Blanchett, for the cocktail chose to wear a powder pink Giorgio Armani sleeveless dress, while for the press presentation during the day, she wore a Giorgio Armani New Normal grey suit.

Roberta Armani, for the cocktail wore a Giorgio Armani black jacket with blue details, silk trousers and embroidered top.

Charlotte Ranson, ballet dancer at the Opéra de Paris and part of the Sì Women’s Circle, chose to wear a Giorgio Armani blue dress for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal silk top with pleated trousers.

Kee Yoon Kim, actress on stage in Paris and part of the Sì Women’s Circle, chose to wear Giorgio Armanitrousers combined with a silk embroidered top for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal double breasted jacket with shirt and trousers.

Cecile Schmollgruber, 3D pioneer in San Francisco and part of the Sì Women’s Circle, chose to wear Giorgio Armani black trousers and a white jacket with a contrasting black graphic pattern for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal white silk shirt with black trousers.

http://www.armani.com

Source: Giorgio Armani Parfums

Written by asiafreshnews

May 27, 2016 at 3:40 pm

Posted in Uncategorized

G2A.COM Limited Wins Outstanding Fast-Growth Business at the Global Business Excellence Awards 2016

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RZESZOW, Poland, LONDON and HONG KONG /PRNewswire/ — G2A.COM won the Outstanding Fast-Growth Business at the Global Business Excellence Awards 2016 in London.

(Photo: http://photos.prnewswire.com/prnh/20160524/371610)

G2A.COM is a multi-award winning company and the world’s fastest growing digital gaming marketplace developed by professionals in diverse fields including gaming, management, finance, IT, public relations and marketing expertise. G2A won the Outstanding Fast-Growth Business at the Global Business Excellence Awards in London, UK in April 2016. Every day G2A works hard to create an outstanding digital marketplace for video game enthusiasts http://www.g2a.com.

Commenting on G2A.COM as a winner in the Outstanding Fast-Growth Business category, the chairman of the judges of the Global Excellence Awards said: By focusing on online security for payments and great customer service, digital gaming marketplace G2A.COM, only launched in December 2010, is experiencing supersonic growth. It offers more than 30,000 digital gaming products, which has attracted a staggering 10 million customers globally. On top of this, thousands of new customers are welcomed every month. G2A has more than 67 million organic search, desktop hits (Similarweb Search Marketing Benchmark Report 2015). Growth doesnt get much faster than this. It just shows that if you invest in the right places and understand your customer, digital businesses can go global almost overnight.” http://www.gbeawards.com

Upon hearing about the award, Bartosz Skwarczek, Co-founder/CEO of G2A.COM said: We are humbled that our everyday work in developing G2A Shield and G2A Pay and more than 100 international payment methods, was noticed and judged by an international judging panel. Its an honour to be the winner of this award and its a motivation for our teams. Happy customers created G2A.COM. https://pay.g2a.com/

The Global Business Excellence Awards has a large panel of independent expert judges who select winners according to strict criteria for each category and sector; focussing on financial results, innovation, customer, employee, investor and community benefits. It is a serious competitive process with an international impact.

Jacqueline Purcell, Head of Global Public Relations at G2A said: “The Global Business Excellence Awards are one of the worlds highest profile awards and winning this accolade speaks volumes about the quality of G2As work. Due to their high profile, the Awards attract a wide range of entries from across the world, from large International PLCs and public sector organizations to dynamic and innovative SMEs. She added: “All the winners have one thing in common they are truly outstanding at what they do and G2A.COM have proved this by winning this impressive Global Business Excellence Award for the Outstanding Fast-Growth Business in 2016.”

Visit:

http://www.g2a.com

http://www.facebook.com/G2Acom

Author: Jacqueline Purcell – jpurcell@G2A.com

Source: G2A.com
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Written by asiafreshnews

May 27, 2016 at 3:34 pm

Posted in Uncategorized

Sasol Commences Drilling of Mozambique PSA Licence

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JOHANNESBURG /PRNewswire/ — Today, Sasol’s field development plan (FDP) for the Production Sharing Agreement (PSA) licence in Inhambane province, Mozambique, reached an important milestone with the commencement of the drilling of the first well.

Adjacent to its current producing Petroleum Production Agreement licence, the PSA development is an integrated oil, Liquefied Petroleum Gas (LPG) and gas project.

The spud marks the beginning of the drilling campaign, which is part of the first phase of the FDP; the delineation and initial development of the Temane G8, Temane East, Inhassoro G6 and Inhassoro G10 reservoirs. Thirteen production wells will be drilled (including a water disposal well) during this initial phase, while oil and LPG production facilities will be installed close to the existing Central Processing Facility (CPF). A 5th gas processing train will be installed at the CPF to process the additional gas.

“The spud of the first well in the PSA licence area reaffirms Mozambique as the heartland of Sasol’s oil and gas strategy in sub-Saharan Africa and provides a platform from which to drive socio-economic growth,” said John Sichinga, Senior Vice President, Sasol Exploration and Production International.

Mozambique’s Council of Ministers approved the PSA FDP in January this year. Shortly thereafter, Sasol commissioned a drilling rig from French-based drilling contractor Société de Maintenance Pétrolière which arrived inMaputo port on 19 March.

The phased development plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique and Southern Africa.

This first phase of the PSA Development is anticipated to cost approximately US$1,4 billion.

Phase 1 development represents the optimal development of four of the PSA geological layers in a safe and sustainable manner to the benefit of all stakeholders. The utilisation of existing infrastructure in the area enables the safe and efficient use of resources, while the development in tranches of the complex reservoirs is a prudent approach for timely de-risking of subsurface resources and maximisation of overall project value.

Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 09 October 2015 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

About Sasol:
Sasol is an international integrated chemicals and energy company that leverages technologies and expertise of our 30 400 people working in 36 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon electricity.

Issued by:
Alex Anderson, Head of Group Media Relations
Direct telephone: +27(0)11-441-3295; Mobile +27(0)71-600-9605;
alex.anderson@sasol.com

Matebello Motloung, Specialist: Media Relations
Direct telephone: +27(0)11-441-3252, Mobile: +27(0)83-773-9457
matebello.motloung@sasol.com

Source: Sasol Limited
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Written by asiafreshnews

May 27, 2016 at 3:30 pm

Posted in Uncategorized

Grupo Carso And Artist Romero Britto Announce Licensing Partnership

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MIAMI /PRNewswire/ — Grupo Carso and Romero Britto announce a licensing partnership to sell exclusive Britto products throughout Mexico and Latin America via Grupo Carso, Carlos Slim’s conglomerate of retail stores. Slim, philanthropist and longstanding patron of the arts, and Britto, the internationally acclaimed artist, will bring their shared passion for art to the masses through consumer products.

Photo – http://photos.prnewswire.com/prnh/20160525/372242

“My vision has always been to make art accessible to all people around the world. It is a true honor to work with Carlos and his companies, retail industry leaders in Mexico and Latin America.” 

The collaboration represents a multi-category licensing deal to develop apparel, footwear, handbags, accessories, and home decor to name a few.  Merchandise will be distributed through Grupo Carso via Sears Apparel retail stores, Sanborns, Saks Fifth Avenue Mexico, Telmex, Telcel, DAX, Philosophy Jr. Studio, Museo Soumaya and Claro-Shop.  Britto is thrilled to join forces with these globally recognized brands.

Britto’s licensing program has aligned with numerous major corporations and internationally recognized brands, such as Walt Disney, Coca-Cola, Mattel, Hublot and Bentley, further expanding distribution to worldwide retail partners. This partnership marks another milestone for the artist’s global expansion plans, having announced earlier this year his move to two new storefronts on South Beach’s famous Lincoln Road mall slated to open in Summer 2016.

Britto has enjoyed a strong relationship with his Mexican collectors and fans throughout his career. His work can be found throughout the country at numerous art galleries with whom he has partnered.  In 2011 Goli, Britto’s monumental sculpture covered in 290,000 glass mosaic tiles, was unveiled at Hall de Fama de Futbol.  In 2013,Maria Elena and Carlos Slim Domit hosted a 50th birthday celebration for the Artist at Carlos Slim’s beloved Museo Soumaya. The event included a special showcase of over 20 original paintings and mixed media sculptures making Britto the first living artist to exhibit at the museum.

A press conference is scheduled for Wednesday, May 25th, 2016 at Museuo Soumaya. Fans will have the opportunity to meet the artist and get his autograph on Wednesday, May 25th at 6pm at Sears Plaza Tlalne Fashion Mall. The official announcement will be held on E Entertainment, Sony Picture Television Channel —Latin America’sshow ‘Cuídate de la Cámara’ hosted by famous TV personality and fashion sensation Edy Smol beginning onMonday, June 13th, 2016 where Britto will be the guest of honor.

ABOUT ROMERO BRITTO

Brazilian-born and Miami-made, Romero Britto is an international artist that uses vibrant, bold and colorful patterns to reflect his optimistic view of the world around him. Britto has created a visual language of hope and happiness all its own that is relatable to all, inspiring millions. Self-taught at an early age, Britto painted on scraps of paper or cardboard or any medium he could find before coming into his own and traveling to Paris where he was introduced to the works of Matisse and Picasso. His appreciation of these masters influenced him to create an iconic style that The New York Times described, “exudes warmth, optimism and love.”

Britto’s work has been exhibited in galleries and museums in over 100 countries, including the Salon de la Société Nationale des Beaux Arts exhibition at the Carrousel du Louvre in 2008 and 2010. In 2013, Maria Elena and Carlos Slim Domit invited Romero to be the first living artist to exhibit at Museo Soumaya. He has created public art installations for the 02 Dome in Berlin, New York’s John F. Kennedy Airport, Cirque Du Soleil at Super Bowl XLI, and has been credited with the largest monumental sculpture in London’s Hyde Park history.  Britto served as an official artist for the 2010 World Cup, Ambassador to the 2014 FIFA World Cup Brazil and was recently invited to be an honorary torch bearer for the Rio 2016 Olympic Games. Britto’s pop sensibility has since leant itself to many collaborations with international brands such as Audi, Bentley, Coca-Cola, Walt Disney, Evian, Hublot, and Mattel to name a few.

Romero is an activist for charitable organizations worldwide and most of all an artist who believes “art is too important not to share.” Britto has donated time, art, and resources to more than 250 charitable organizations. Not a silent activist, Britto was a selected speaker for the arts at the World Economic Forum in Switzerland. In addition,Romero Britto is proudly an Inaugural Founding Benefactor of the Harvard International Negotiation Program. He holds a seat on several boards such as Best Buddies International, and St. Jude’s Children’s Research Hospital, and was recently appointed to the board of HRH The Prince of Wales charity, The Prince’s Trust.  A believer in the role of an artist as an agent of positive change, Romero Britto is committed to developing and supporting the role art will continue to play in world issues.

MEDIA CONTACT USA

MEDIA CONTACT LATIN AMERICA

Nicole Bostick 

Evelyn García

Britto Central, Inc. 

Sears Operadora México

n.bostick@britto.com 

esgarcia@sears.com.mx

786.334.6005 

52.55.5325.9396        

Source: Britto Central
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Written by asiafreshnews

May 27, 2016 at 3:24 pm

Posted in Uncategorized

Singapore-Based Financier Help SMEs Grow their Business by Extending Alternative Financing Solutions

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-EFA Group lent over US$1 billion in 2015 to firms that wish to diversify their sources of capital

SINGAPORE /PRNewswire/ — EFA Group is a Singapore-based firm providing financing solutions across the capital structure to small and medium-sized enterprises (SMEs) in the real economy. To create awareness of its lending solutions, EFA Group has launched a dedicated website to provide better access for companies looking for alternative capital solutions. The site, www.efa-fs.net, hosts useful resources such as white papers, blog posts and information on the various lending solutions available to SMEs.

Established in 2003, EFA currently provides around US$1.5 billion of short-term, trade finance loans to over 100 global mid-market companies annually. Of these loans 30% are made to Singaporean firms.

According to the SME Growth and Financing Survey 2016 conducted by the Singapore Business Federation and Standard Chartered Bank, the SMEs surveyed cited that overseas business activities will drive their growth but at the same time they are seeking to overcome challenges in meeting their regional financing needs. Recognizing these concerns facing businesses, EFA believes it can step in as an alternative provider of capital to complement the firms’ existing banking lines.

To meet the rising demand for financing from businesses, the Group is beefing up its supply chain finance and receivables finance components, which have always been an extension of its trade finance solutions. The Group’s suite of financing solutions provides loans from US$500,000 to up to US$20 million and also include longer term loans such as asset-based finance and acquisition finance.

“We’ve always been dedicated to serving real economy businesses, particularly those in the SME market. Our corporate mission complements the latest Singapore Government’s initiatives to help SMEs that wish to grow their business or overcome cash flow issues. We have the expertise and infrastructure to provide capital to the companies that need it most, be it short-term financing needs, or longer term loans to expand overseas or acquire new assets,” said CEO of EFA Group, Francois Dotta.

“Our flexible structuring approach, speed and ability to do smaller deals make us an attractive alternative financing option for the companies,” he added.

About EFA Group

EFA Group provides financing solutions to small and medium-sized enterprises (SMEs) in Asia, Middle East,Europe and Africa. With a deep understanding and close working ties with its borrowers, EFA is able to finance and fuel their growth. The Group is regulated by the Monetary Authority of Singapore and holds a Capital Markets License under EuroFin Investments Pte Ltd. Established in 2003 in Singapore, the Group has since expanded in size and capabilities, and now employs over 50 personnel between its offices in Singapore, Geneva, Dubai,London and Istanbul.

Contact
Siti Rasiqah
Head of Communications
+65-6513-9215
E: siti.rasiqah@efa-group.net
W: www.efa-fs.net

Source: EFA GROUP
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Written by asiafreshnews

May 27, 2016 at 3:11 pm

Posted in Uncategorized

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