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Archive for October 13th, 2011

New DHL Service Links Bring Eastern Europe Closer to Asia

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— Customers benefit from direct transport via the Slovenian
port of Koper
— Further expansion of the Less-Than-Container-Load network

SINGAPORE, Oct. 12, 2011 /PRNewswire-Asia/ — DHL Global Forwarding, the air and ocean freight specialist at Deutsche Post DHL, has launched direct export services from Central Eastern Europe to Asia via the port of Koper, Slovenia. The new export solution, linking Austria, Bosnia-Herzegovina, Bulgaria, Croatia, Hungary, Macedonia, Romania, Serbia, Slovakia and Slovenia directly with the Asian business centers of Hong Kong, Keelung, Pusan, Shanghai and Singapore, is unique in the market. Customers who forward their LCL (Less-Than-Container-Load) shipments via Koper achieve significantly shorter transit times than on the route via ports in northern Europe. This means ocean freight can now be delivered from Central Eastern Europe to Asia even faster.

(Logo: )

“Trade between North Asia and Eastern Europe has grown rapidly over the last decade at an average rate of 32 percent growth per year (Note 1). China’s imports from central and east European countries grew even faster, registering an average annual rate of 38.7 percent (Note 2). These figures substantiate a need for the introduction of these new trade routes to serve the North Asian markets more efficiently. The launch of the new LCL routes supports our vision to be the provider of choice among our customers through better connectivity and cost efficiency,” said Dr. Kelvin Leung, CEO, North Asia Pacific, DHL Global Forwarding.

Together with the Koper gateway, the network of DHL logistics centers in the countries of origin and at destinations ensures smooth, uninterrupted forwarding of shipments along the entire route. Containers are first opened in Asia prior to deconsolidation and delivery to final destinations. Customers can trace their LCL shipments by a web-based freight tracking system providing continuous information about the cargo’s condition.

Amadou Diallo, Chief Executive Officer, DHL Global Forwarding, Africa and South Asia Pacific, said, “Speed and connectivity are crucial elements for our customers in Singapore as they are constantly looking for better trading experiences with their counterparts in Eastern Europe. With full visibility of cargo movements, expert personnel and strong infrastructure in terms of warehouses to handle LCL shipments of all kinds, we are well positioned to meet our customer demands in the Eastern Europe to Singapore trade lanes”.

“With the launch of this route, DHL Global Forwarding is one of the first freight forwarders offering export consolidation services via Koper. In addition to meeting the increased demand for shorter transit times to fast-growing regions in Asia, the new LCL service offers a 30 per cent more CO2 efficient option for customers, compared with the previous routes that ran via the North European ports,” says Marc Meier, Senior Vice President, Ocean Freight & Head of Global LCL, DHL Global Forwarding.

DHL currently operates the world’s largest LCL network with close to 2,000,000 cubic meters of LCL freight handled annually via 45,000 point-pairs. As a global leader in LCL, DHL carries more than 97 per cent of its total volumes in house. The in-house systems and strong global network enables the control of cargo flow, information flow, speed, accuracy, cost efficiency and reliability. Going beyond port to port, DHL LCL service also offers a complete end-to-end supply chain management that includes pick-up at origin, consolidation and deconsolidation, delivery at destination and customs clearance.

All LCL services are accompanied by DHL’s first-class IT solutions such as DHL Track & Trace and other tools to allow full visibility throughout the whole supply chain. For complete peace of mind, DHL also provides insurance services to customers as a value-added service. DHL’s Shippers Interest Insurance (SII) covers losses or damages of all cargo transported by DHL, as well as transportation costs.

– End –


1. Government of the People’s Republic of China:
2. Government of the People’s Republic of China:

DHL 每 The Logistics company for the world

DHL is the global market leader in the logistics industry and “The Logistics company for the world”. DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 275,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting climate protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 51 billion euros in 2010.

For the latest news and happenings about DHL in Asia Pacific, visit


Written by asiafreshnews

October 13, 2011 at 3:57 pm

Posted in Uncategorized

ESET Launches Fifth Generation of Flagship Products: ESET NOD32 Antivirus 5 and ESET Smart Security 5

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SINGAPORE, Oct. 11, 2011 /PRNewswire-Asia/ — ESET, the leader in proactive protection against cyber-threats, today announced the launch of its flagship products ESET Smart Security 5( ) and ESET NOD32 Antivirus 5( ) in the Asia-Pacific region. The latest generation of the company’s home user products offers more advanced detection technology and multi-layered security features. ESET has been pioneering security solutions against malware since 1992 and has been awarded with the highest consecutive number of Virus Bulletin VB100 awards.

Speaking at the Asia-Pacific launch in Singapore, Pavel Luka, Chief Technology Officer, ESET said: “With the increasing penetration of devices and platforms that facilitate anytime, anywhere information exchange, it is critical for consumers to be aware of existing threats and the measures they can take to protect themselves and their businesses. At ESET, we continue to work towards offering best-of-breed security solutions that work across consumer groups and offer all-in-one protection. After thorough testing and months of development, we are proud to present ESET NOD32 Antivirus 5 and ESET Smart Security 5 to our customers. With new technologies like the ESET Live Grid and Advanced HIPS incorporated into these latest updates, we will be providing more comprehensive protection than ever before.”

ESET Smart Security 5 and ESET NOD32 Antivirus 5 offer various new and improved features including:

— ESET Live Grid, cloud-based reputation and protection technology
— New Removable Media Control, with more granular control of
external devices
— Parental Control (ESET Smart Security 5 only)
— Advanced Host-based Intrusion Prevention System (HIPS)
— Gamer Mode

“Consumer challenges in Asia Pacific are varied. From economies that have gone completely mobile to the ones that are just getting on to the Internet bandwagon, we have it all here. Connected economies like Singapore have a highly aware consumer base that is keen on protecting their online identities and ensuring their transactions are safe. Meanwhile, others are still struggling to understand the scale of the damage that can be caused by an unsecured device/network. ESET’s easy to install, all-in-one solutions are ideal for both ends of this consumer spectrum. Our team is committed to making online security hassle-free for consumers across the globe,” said Eva Markova, Chief Operating Officer, ESET – APAC.

There has been revolutionary change in what used to be called ThreatSense.Net – ESET’s cloud-based malware collection system that utilizes data from ESET solutions users worldwide. The technology is now named ESET Live Grid and offers optimization of scanning based on the whitelisting of “safe” files. Cloud-based reputation is yet another method used by the latest generation of ESET products to determine whether a particular object is secure or not. The result is enhanced precision in detecting threats along with increased speed of scanning.

As shown by regular ESET threat statistics month after month, removable media is now used increasingly to spread viruses and malware. When plugged-in, a USB media can transfer a hidden virus, affecting computers without the need for internet access. The Removable Media Control feature automatically prompts the user to scan the content of all flash drives (USB, SD), firewire, CDs and DVDs, so that specific threats can be blocked from trying to get through to the system through the media devices. Users can block/allow removable media, based on the type of media, manufacturer, size and other attributes. In addition, permissions can be set to blocked, read-only or read/write access. They can be set either for a specific user or groups of users. User can decide to block the access and setup a whitelist of “allowed” USBs.

Parental Control allows sites that may contain potentially offensive material with pre-defined website categories to be blocked. The user can set up a “role” for each user account, each with its own set of default website categories that are allowed or disabled during browsing.

The Advanced Host Intrusion Prevention System (HIPS) functionality allows users to customize the behavior of their system in greater detail: specify rules for the system registry, active processes and programs, and fine-tune security posture.

Gamers will appreciate the Gamer Mode that switches to silent mode and disables pop ups to conserve system resources and enhance the gaming experience. This results in uninterrupted playing or focus on tasks running in full screen mode.

ESET customers will benefit from improved usability and graphic user interface for a new user experience which is more intuitive, transparent and easy to navigate.

For further ESET Smart Security 5 and ESET NOD32 Antivirus 5 benefits and features, please visit: and

About ESET

Founded in 1992, ESET is a global provider of security solutions for businesses and consumers. The Company pioneered, and continues to lead, the industry in proactive threat detection. ESET NOD32 Antivirus holds the world record for the number of Virus Bulletin “VB100” Awards, and has never missed a single “In-the-Wild” worm or virus since the inception of testing in 1998. ESET NOD32 Antivirus, ESET Smart Security and ESET Cybersecurity for Mac are trusted by millions of global users and are among the most recommended security solutions in the world.

The Company has global headquarters in Bratislava (Slovakia), with regional distribution centers in San Diego (U.S.), Buenos Aires (Argentina), and Singapore. ESET has malware research centers in Bratislava, San Diego, Buenos Aires, Prague (Czech Republic), Krakow (Poland), Montreal (Canada), Moscow (Russia), and an extensive partner network for 180 countries.

Media Contacts:

Rice Communications for ESET
Tel: +65-6221-8047

Shruti Soni

Nicholas Lim

Dora Thang


Written by asiafreshnews

October 13, 2011 at 2:26 pm

Posted in Uncategorized

NatureWorks Attracts US$150 Million Equity Investment from Leading Thailand Company PTT Chemical

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Thailand preferred location for next state-of-the-art Ingeo(TM) manufacturing facility

MINNETONKA, Minn., Oct. 12, 2011 /PRNewswire-Asia/ — NatureWorks LLC, the world’s leading bioplastics manufacturer, announced today that Thailand’s largest chemical producer, PTT Chemical Public Company Limited (PTT Chemical) is investing US$150 million in NatureWorks. NatureWorks supplies its broad family of renewable Ingeo(TM) biopolymers made from plants to plastics and fibers markets worldwide. PTT Chemical’s investment in NatureWorks, until now wholly owned by Cargill, is subject to regulatory approval.

“The Thai Government encourages an investment in green chemicals, and particularly bioplastics, which has high growth potential in the Southeast Asian market,” said Thailand’s Minister of Energy H.E. Mr. Pichai Naripthaphan.” By attracting what could be the most advanced biopolymer processing plant in the world to Thailand, PTT Chemical has made a significant step in achieving Thailand’s strategic objectives of becoming a regional hub for green technologies and solutions.”

“This is a significant investment by a leading chemical company, which will allow NatureWorks to continue its aggressive growth while expanding its capacity to meet global demand for bio-based products. PTT Chemical’s investment demonstrates a significant milestone in moving Ingeo bio-based plastics and fibers to the polymer mainstream,” said Marc Verbruggen, President and Chief Executive Officer of NatureWorks. “PTT Chemical’s investment supports NatureWorks intent to globalize its Ingeo manufacturing capability by building a new production facility in Thailand, supporting our Asian customer base and delivering on our commitment to renewable feedstock diversification. We anticipate bringing the new plant online in 2015 and expect to announce further details on this expansion later this year.”

“This investment will strengthen PTT Chemical’s green growth strategy towards sustainable development by integrating more renewable and environmentally friendly materials in its portfolio, while offering more green product choices to the customer to fulfill our responsibility as the ‘Power for a Sustainable Future’ for Thailand and all stakeholders,” said Mr. Nuttachat Charuchinda, the Chief Operating Officer, Downstream Petroleum Business Group of PTT Public Company Limited. “PTT Chemical is keen to play a role in pioneering a world-scale bioplastics industry with the aim to become a global leader by 2020 and push Thailand to become an Asian bio-hub.”

“PTT Chemical reinforces NatureWorks’ leadership position and proven track record in bringing cost effective biopolymer innovations to the global marketplace,” said Mr. Veerasak Kositpaisal, President and Chief Executive Officer of PTT Chemical. “NatureWorks is currently the forefront producer of bio-based products with commercially viable production volumes, competitive costing and a global customer base. Our investment in the company and its Ingeo technology platform for plastics and fibers is in line with our long-term strategic green growth and diversification objectives.”

“Ingeo offers the performance of conventional plastics and fibers with a fraction of the greenhouse gas emissions and lower non-renewable energy requirements. Because it is made from renewable plant material, Ingeo has inherently more stable pricing, contrasting sharply to the massive price swings observed from fossil based polymers,” explained Mr. Kositpaisal.

Over the past several years, NatureWorks has seen steady 25 to 30 percent increases in annual product demand. In the last two years, NatureWorks doubled its Ingeo supply availability by bringing online additional production capacity at its Blair, Neb., processing facility.

“The proposed new Ingeo facility in Thailand would be NatureWorks’ second production plant,” Marc Verbruggen added.

More than 100 leading consumer brands and retailers in the United States, Europe and Asia currently offer Ingeobased product innovations in such categories as flexible and rigid packaging, food service-ware, durable consumer products, apparel, home textiles and personal care and hygiene products. An Ingeo innovation display gallery, presented in conjunction with last year’s COP-16 climate change conference in Cancun, Mexico , showcased a selection of commercially available, low-carbon-footprint Ingeo products produced by such international brands as Avianca, Electrolux, Henkel, NEC, Shiseido, Stonyfield and Walmart.

About NatureWorks LLC

NatureWorks LLC is a company dedicated to meeting the world’s needs today without compromising the earth’s ability to meet the needs of tomorrow. With a current Ingeo capacity of 140,000 tons, NatureWorks LLC is the first company to offer a family of commercially available low carbon footprint biopolymers derived from 100 percent annually renewable resources with performance and economics that compete with oil-based plastics and fibers. NatureWorks production of Ingeo uses significantly less non-renewable energy, and generates significantly lower CO2 emissions than all traditional oil based polymers. NatureWorks remains wholly owned by Cargill pending regulatory approval of the agreement.

Details are available at

Ingeo and the Ingeo logo are trademarks or registered trademarks of NatureWorks LLC in the USA and other countries

About PTT Chemical plc

PTT Chemical Public Company Limited is a fully-integrated petrochemical and chemical company, combining visionary leadership and innovation in the chemical industry. PTT Chemical aspires to develop sustainable growth based on social benefit and global environmental standards under its vision to be the “Leading chemical company for better living through innovative technology and people.

Details are available at

About Cargill

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 131,000 people in 66 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to sharing our global knowledge and experience to help meet economic, environmental and social challenges. For more information, go to:

Cargill was advised in this transaction by J.P. Morgan Securities Inc.
SOURCE NatureWorks LLC

Written by asiafreshnews

October 13, 2011 at 10:35 am

Posted in Business & Finance

KEB and Pure Commerce to Offer Online Customers the Best Currency Options on South Korean Websites

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Pure Commerce’s PFX Multi-Currency Pricing Services Now Available For South Korean Merchants

SEOUL, South Korea, Oct. 12, 2011 /PRNewswire-Asia/ — Pure Commerce, an international payment solutions provider, today announced that it has signed an agreement with Korea Exchange Bank (KEB) to provide multi-currency pricing (MCP) services to online merchants in South Korea. This is the first time MCP services have been made available in the South Korean market.

KEB is the largest foreign exchange bank in South Korea. Its online merchant clients found that foreign customers were getting frustrated with the currency confusion that arose when they made a purchase in Korean won, but the local currency conversion on their credit card statement did not match their expectations.

Pure Commerce’s Pure Foreign Exchange (PFX) MCP service takes the guesswork out of it for them. KEB’s merchants will now be able to convert online credit card payments made by foreign customers from Korean won to their home currency at the time of purchase. Website visitors simply select the country they are from or the currency they want prices displayed in, then the purchase is charged in the selected currency.

“In the online market place, customers want a local experience regardless of where the merchant is located,” said Yong Cho, country head, South Korea for Pure Commerce. “PFX gives online merchants the opportunity to offer this to them. It provides shoppers with an enhanced online shopping experience, by seeing prices in a familiar currency rather than having the hassle of converting currencies themselves.”

Not only do these services benefit shoppers, online merchants now have a greater opportunity to reach a wider customer base by instantly pricing goods in foreign currencies. Selling in local currencies allows them to exploit new markets and gain competitive advantage by providing a localised service on a personal level.

At the same time, PFX allows online businesses to receive revenue in Korean won, without the foreign exchange rate risk associated with selling in multiple currencies. The sale price is converted based on current exchange rates that are guaranteed from the time of purchase to the time of settlement.

“PFX gives online businesses the peace of mind by fixing the exchange rate before the sale occurs,” said Mr Cho. “If the currency fluctuates between the time of sale and the time they receive the funds, their bottom line will not be affected.”

This deal is an extension of a relationship forged during an Australian Trade Commission (Austrade) initiated trade mission by Pure Commerce to South Korea in 2006, which was undertaken to assess the viability of the market for its suite of payment solutions. Both companies successfully introduced outsourced dynamic currency conversion (DCC) services to merchants in South Korea in 2009. This new MCP deal is a further extension to the services that KEB now offers its merchant customers in South Korea.

As a result of this successful relationship, Pure Commerce won ‘Best Services Company’ at the AustCham 2010 G20 Australian Business Awards in Korea. These awards recognise significant achievements and contributions made by Australian and Korean companies involved in Australia-Korea and Korea-Australia business activities.

About Pure Commerce

Pure Commerce provides on-demand currency and payment services to banks, acquirers and multinational corporates around the world. Established in 1997, it has offices in Sydney, Singapore, Seoul, Zurich and London. For more information visit

Media Contact:

Emma Keen
Infinite Loop

SOURCE Pure Commerce

Written by asiafreshnews

October 13, 2011 at 10:08 am

Posted in Business & Finance