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Archive for December 2011

GREE and PayPal Announce a Strategic Business Alliance to Make Faster, Easier Purchases on Global Mobile Social Gaming Platform

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PayPal(TM) is the faster, safer way to pay on GREE’s mobile social networking service in Japan

TOKYO, Dec. 14, 2011 /PRNewswire-Asia/ — GREE and PayPal, the world’s largest online payment provider, are pleased to announce that they have agreed on a strategic business alliance to facilitate GREE’s global expansion of its mobile social gaming platform to over 103 million active PayPal accounts in 190 markets worldwide. At the same time, PayPal will be a payment option for up to 150 million registered gamers on social networking service (SNS) GREE worldwide. GREE’s users will be able to use PayPal to buy GREE’s virtual currency, “coins”, which can be used to play and make purchases in over 7,500 games for Android(TM) and iOS smartphones. As the first step of the strategic business alliance, PayPal becomes available on SNS GREE for Japanese smartphones from December 14th, 2011. PayPal’s global payment service will be gradually introduced to GREE’s mobile social gaming platform, GREE Platform, in North America and other countries in the future.

(Photo: http://www.prnasia.com/sa/2011/12/14/20111214130241259219.html )
(Photo: http://www.prnasia.com/sa/2011/12/14/20111214130530165617.html )

Rupert Keeley, PayPal’s Senior Vice President of Asia Pacific, said, “As the world’s favorite digital wallet, PayPal is leading the charge for mobile commerce with over US$3.5 billion expected in mobile transactions globally this year. We are delighted to have established this strategic business alliance with GREE, the leading mobile SNS in Japan, as it encompasses three major payment trends we are driving today — mobile, social and digital. Through our vision to enable commerce anytime, anywhere and any way, PayPal is the best payment partner for GREE to be a global mobile social gaming platform for millions of users in Japan and around the world.”

Yoshikazu Tanaka, founder and CEO of GREE, said, “GREE is developing a global business to establish a social gaming platform to reach one billion users all over the world. We are expecting to accelerate our global plans through this business alliance with PayPal as it is used by millions of global users as a safer, faster way to pay on mobile devices.”

Through this alliance, GREE will offer PayPal to its customers as it rolls out its new worldwide mobile social gaming platform, GREE Platform, to expand its business overseas. With the rapid growth of smartphones such as Android and Apple iOS devices, mobile users can now have access to a greater variety of digital content worldwide. The integration of PayPal’s more convenient and secure payment solution, along with its worldwide user base and international brand recognition, is an integral part of GREE’s strategy to provide the world’s best mobile social gaming experience.

PayPal, on the other hand, aims to expand its user base in Japan by integrating its faster, safer digital wallet on Japan’s leading mobile social network. According to a recent PayPal survey on online shopping behavior, 52% of Japanese mobile shoppers said “the mobile screen size is too small” and 25% of Japanese mobile shoppers said “the mobile transaction is not safe enough”, highlighting convenience and security as key areas to improve for mobile commerce in Japan. Using PayPal, GREE’s users in Japan can now make purchases on their smartphones in as little as two taps and avoid the inconvenience of entering their credit card details on a small mobile screen. At the same time, PayPal does not share its users’ credit card details with any merchants and no financial info is stored on the mobile device, providing a more secure mobile payment transaction.

To celebrate the business alliance, GREE and PayPal will be running a joint month-long marketing campaign, giving 200 users each 10,000 “coins” in a lucky draw if they purchase “coins” using PayPal from January 11, 2012 to February 10, 2012 (terms and conditions apply).

The impact of this announcement on the business performance is currently being reviewed and any material impact identified will be disclosed in a timely manner.

About GREE, Inc.

GREE provides Japan’s leading mobile social network, and is at the forefront of mobile technology. GREE was ranked as Japan’s fastest-growing tech company by Deloitte Touche Tohmatsu Ltd. in 2009 and 2010. GREE, following its acquisition of OpenFeint in April 2011, is expanding globally and will soon offer a single, worldwide mobile social gaming platform. Combined, GREE reaches over 150 million players and offers over 7,500 game applications for smartphones. GREE aims to build the leading mobile social gaming ecosystem for users and developers worldwide.

About PayPal

PayPal is the faster, safer way to pay and get paid online. The service allows members to send payments without sharing financial information, with the flexibility to pay using their account balances, bank accounts (where available*), debit cards and credit cards in various markets. PayPal is an eBay company and enables global e-commerce with more than 103 million active accounts** in 190 markets and 25 currencies around the world. More information about the company can be found at https://www.paypal.com .

PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.

*At present, bank accounts are not available as a funding source in some countries and territories including Japan.
**Active accounts are those that have had activity in the past 12 months

GREE and the GREE logo are registered trademarks of GREE, Inc.
PayPal and the PayPal logo are either trademarks or registered trademarks of PayPal, Inc. or its licensors.
Android is trademark of Google Inc.
All other trademarks are the property of their respective owners.

Media Contacts:

Dickson Seow
PayPal Asia Pacific
+65-6510-6463
dseow@paypal.com

Idran Junadi
The Hoffman Agency
+65-6238-1851
ijunadi@hoffman.com

SOURCE GREE, Inc.; PayPal

Written by asiafreshnews

December 16, 2011 at 11:30 am

Posted in Uncategorized

Richard Chandler Corporation Expresses Disappointment with Sino-Forest Board Decision Not to Honour its Bond Commitments in Spite of Healthy Cash Position

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Richard Chandler Corporation Disappointed with Sino-Forest Board’s Decision Not to Pay Bond Interest

SINGAPORE, Dec. 15, 2011 /PRNewswire-Asia/ — Richard Chandler Corporation is the largest shareholder in Chinese forestry company Sino-Forest. It is disappointed with Sino-Forest Board’s decision to not make a US$9.78 million interest payment on the 2016 convertible notes.

Sino-Forest has generated profitable growth since 1994 and the Richard Chandler Corporation continues to have confidence in the underlying business of Sino-Forest. Based on the Independent Committee’s findings to date, Sino-Forest is a going concern, with real assets and a strong balance sheet.

Alan Kelly, Senior Advisor to the Richard Chandler Corporation, said, “Sino-Forest clearly has the financial strength and liquidity to meet its bond commitments. It is disappointing and regrettable that the Board has made this decision. In view of its strong cash reserves and liquidity, and excellent bond repayment track record, we urge the Sino-Forest Board to reconsider meeting its bond commitments, as it has always done.”

About the Richard Chandler Corporation

The Richard Chandler Corporation is a private investment group based in Singapore and founded by New Zealand-born entrepreneur Richard F. Chandler. The Richard Chandler Corporation’s mission, Building Prosperity for Tomorrow’s World, adopts a holistic approach to building sustainable prosperity through investments in financial and social enterprises. Since 1986, the Richard Chandler Corporation has provided capital to companies and governments from Asia and Africa to Latin America and Eastern Europe, and invested in a wide range of industries, such as telecoms, power, steel, banking and energy.

For more information, please visit: www.richardchandler.com

For media enquiries please contact:

Richard Barton
Kreab Gavin Anderson
Tel: +852 2523 7189
Mob: +852 9308 1056
E-mail: rbarton@kreabgavinanderson.com
SOURCE The Richard Chandler Corporation

Written by asiafreshnews

December 16, 2011 at 10:38 am

Posted in Business & Finance

SunGard Identifies Ten Trends in OTC Derivatives for 2012

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SHANGHAI, Dec. 13, 2011 /PRNewswire-Asia/ — Brian Traquair, president of SunGard’s capital markets business, said, “Regulatory changes are transforming the
OTC derivatives space( http://www.capitalize-on-change.com/resources/capitalize-on-change-wholesale-finance-part-2.aspx), from execution( http://www.sungard.com/campaigns/fs/cmib/positioncontrol/home.aspx ) to settlement(http://www.sungard.com/en/sitecore/content/campaigns/fs/pro/stream/cc.aspx ). Market participants need to manage large volumes of data in order to clear and process trades. New pressures on the cost and the more effective use of capital(http://www.sungard.com/enterprisecollateral ) make it more important to have automated and real-time capital controls. SunGard is helping firms capitalize on these changes for all OTC and listed instruments by providing a suite of established, front-to-back solutions that can manage both centrally cleared and bilateral trades.”

The ten trends and their impact on the OTC derivatives landscape as identified by SunGard are:

1. Regulations such as Basel III, Dodd-Frank, EMIR and MiFID II are spurring financial services firms to improve their return on capital( http://www.capitalize-on-change.com/resources/trends-in-collateral-management-and-regulation.aspx ) rather than simply focus on top line revenues.
2. Shrinking profit margins may drive existing players to exit certain asset classes, such as structured equity, rates or credit markets.
3. Competition will increase as greater transparency into OTC derivatives pricing (http://blogs.sungard.com/fs_capitalmarkets/2011/07/22/becoming-a-sef-%e2%80%93-regulation-driven-cost-or-competitive-opportunity )and lower barriers to entry attract new players to the market.
4. Firms will leverage new electronic trading capabilities( http://www.capitalize-on-change.com/resources/electronic-markets-and-electronic-trading.aspx ) for OTC derivatives to help reduce running costs and improve returns, particularly in their flow trading and market-making businesses.
5. The cost of participating in OTC derivatives trading will rise, with the introduction of central counterparties(http://sungard.com/en/sitecore/content/campaigns/fs/pro/stream/cc.aspx ) altering the risk profile and margin requirements of OTC derivatives portfolios.
6. Clearing houses and market participants will require a consolidated view of collateral assets( http://www.capitalize-on-change.com/resources/the-challenges-and-benefits-of-enterprise-collateral-management.aspx ) and margin movements to manage new pressures on margin and liquidity as well as new regulatory requirements for collateral.
7. The need to optimize collateral( http://www.capitalize-on-change.com/resources/what-your-firm-needs-to-know-about-collateral-management-now.aspx ) and leverage every margin offset opportunity will become more pressing as the new capital charges take hold.
8. Real-time risk analytics( http://www.capitalize-on-change.com/resources/lessons-from-the-financial-crisis.aspx ) will become a necessity, with market best practice moving towards the incorporation of Credit Value Adjustment(http://www.sungard.com/%7E/media/Campaigns/FinancialSystems/CMIB/MarketInsights/BuildingCVAinBank_WP.ashx ) on a pre-deal basis.
9. Firms will need to aggregate data( http://blogs.sungard.com/fs_capitalmarkets/2011/09/16/data-management-and-regulatory-reform-%e2%80%93-what%e2%80%99s-the-hook ) from across asset classes and business silos as regulatory agencies shift the burden of reporting position limits and large trades from exchanges or clearing houses to firms.
10. Firms will demand agility and adaptability from their technology given the uncertainty about the exact details and timelines(http://blogs.sungard.com/fs_capitalmarkets/2011/06/02/a-derivatives-delay-what-to-do-for-the-next-15-months ) for the new rules.

Kevin McPartland, principal and director of fixed income research at TABB Group( http://www.tabbgroup.com ), said, “Though clearing is getting faster, it is also about to get much more complicated. Regulatory mandates and good old-fashioned competition will force more complex products into the clearing environment. Furthermore, portfolios that once contained only OTC derivatives products will now contain a mix of both cleared and non-cleared trades. This creates risk management issues as calculating margin becomes even more complicated. As a result, technology will become a significant part of each market participant’s competitive advantage.”

Read SunGard’s blog on OTC derivatives( http://blogs.sungard.com/fs_capitalmarkets/category/capital-markets/derivatives )
Read a Q&A with Brian Traquair on OTC derivatives reform( http://www.capitalize-on-change.com/resources/q-and-a-sungards-brian-traquair-on-basel-iii-and-otc-derivatives-reform.aspx ) Listen to Kevin McPartland of TABB Group speak about regulatory reform and OTC derivatives( http://blogs.sungard.com/fs_capitalmarkets/2011/11/04/tabb-group%e2%80%99s-kevin-mcpartland-on-regulatory-reform-podcast )

About SunGard’s Solutions for Capital Markets

SunGard’s solutions for capital markets help banks, broker/dealers and futures commission merchants increase the efficiency and transparency of securities and derivatives processing. They also provide accounting, securities financing, data management and tax reporting across multiple platforms, asset classes and markets. Supporting the entire trade lifecycle from execution to settlement, SunGard provides centralized transactional databases that deliver consolidated views of positions and risk. For more information, visit http://www.sungard.com/capitalmarkets.

About SunGard

SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves over 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about US$5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit http://www.sungard.comhttp://sungard.pr-optout.com/Url.aspx?514340x931057x745361 ).

Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

SOURCE SunGard

Written by asiafreshnews

December 15, 2011 at 10:52 am

Posted in Uncategorized

Destination NSW Announces Dates for Vivid Sydney 2012

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SYDNEY, Dec. 15, 2011 /PRNewswire-Asia/ — Vivid Sydney, the largest celebration of light, music and ideas in the Southern Hemisphere, will once again transform Sydney’s harbour city after dark from the 25 May – 11 June 2012.

(Photo: http://www.prnasia.com/sa/2011/12/14/20111214124332497521.html )

Sydney’s world famous Harbour Foreshore, Circular Quay and The Rocks will become the ultimate outdoor stage for over 50 light art sculptures, large scale light installations and projections and including the spectacular illumination of the iconic Sydney Opera House sails.

Vivid Sydney also features contemporary music performances at Vivid LIVE at Sydney Opera House; international creative industry conferences and the new Vivid Ideas Exchange, a hub for creative ideas, discussion and debate at the Museum of Contemporary Art.

Vivid celebrates Sydney’s influence as the creative centre of the Asia Pacific – sparking innovation, fostering connections and showcasing innovative ideas on a global scale.

Details of the Vivid Sydney 2012 program will be announced in March 2012.

For more information on Vivid Sydney visit www.vividsydney.com

Vivid Sydney 2011 images are available for download at http://vividsydney.com/image-library.aspx

What: Vivid Sydney
When: 25 May – 11 June 2012
Where: Sydney Opera House, Circular Quay and The Rocks.
Vivid Sydney is one of five signature events on the NSW Events Calendar developed by Destination NSW on behalf of the NSW Government.

Media contact:

Tamara Sperling
Destination NSW
+61-2-8114-2407
tamara.sperling@eventsnsw.com.au
SOURCE Destination NSW

Written by asiafreshnews

December 15, 2011 at 10:28 am

Posted in Entertainment, Travel

CoreNet Global Announces Schedule of MCR Programs in Asia, Australia, New Zealand

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MCR Professional Designation Awarded by CoreNet Global, Leading Professional Association for Corporate Real Estate and Workplace Executives

ATLANTA, Ga., Dec. 14, 2011 /PRNewswire-Asia/ — CoreNet Global, the world’s leading professional association for corporate real estate and workplace professionals, service providers, and economic developers, today announced the 2012 program of courses for the MCR — Master of Corporate Real Estate designation.

The CoreNet Global MCR professional designation is part of a comprehensive career development program for the corporate real estate industry. The MCR provides essential skills that focus on critical business issues. It reflects strategic competence and successful experience as a corporate real estate expert.

To receive the MCR designation, professionals must complete 104 hours of classroom training by completing three required seminars, two elective seminars and a Capstone within a five-year period. An assessment is given at the end of each seminar and a passing grade must be earned to receive credit. Each designee will further their education through continuing professional development which must be renewed every three years.

The MCR designation is increasingly popular in Asia, Australia and New Zealand, where several MCR classes for 2012 will he held:

Asia:

— Bangalore – Creating Corporate Value through Workplace
Strategy: 23-24 February
— Tokyo – Corporate Real Estate Finance: 1-2 March
— Singapore – Pre-Summit Real Estate Transactions and
Enabling Workforce Mobility: 26-27 March
— Bangalore – Leadership & Strategy: 18-20 May
— Hong Kong – Corporate Real Estate Finance: 31 May-1 June
— Tokyo – Enterprise Alignment: 7-8 June
— Mumbai – Corporate Real Estate Finance: 30-31 August
— Singapore – Enterprise Alignment: 6-7 September
— Mumbai Real Estate – Transactions: 29-30 November
— Hong Kong – Sustainable Strategies: 6-7 December

Australia / New Zealand:

— Auckland: Corporate Real Estate Finance, 13-14 March
— Sydney: Real Estate Transactions, 15-16 May
— Auckland: Leadership & Strategy, 19-21 June
— Melbourne: Enterprise Alignment, 18-19 September
— Brisbane: Enabling Workforce Mobility, 9-10 October
— Sydney: Portfolio Management, 13-14 November

“The MCR conveys superior training, practical experience, professional competence and a high level of industry knowledge,” said Angela Cain, CEO of CoreNet Global. “These are credentials recognized by corporate real estate leadership worldwide. Graduates of the rigorous MCR program have earned respect and admiration as experts in the disciplines of corporate real estate.”

For online registration, visit www.corenetglobal.org.

CoreNet Global is the world’s leading association for corporate real estate (CRE) and workplace professionals, service providers, and economic developers. Our 6,800 members, who include nearly half of the Global 2000 and 70% of the top 100 U.S. companies, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally.

For more information on CoreNet Global, please visit www.corenetglobal.org.

Contacts:

Betty Chan (Asia)
CoreNet Global
Phone: +852-2910-7931
Mobile: +852-6014-1961
Email: bchan@corenetglobal.org

Janet Middlemiss
JEM Worldwide Ltd.
Phone: +852-2857-3832
Mobile: +852-9195-7829
Email: janet@jemworldwide.com
SOURCE CoreNet Global

Written by asiafreshnews

December 15, 2011 at 10:13 am

Posted in Business & Finance

SMX Appoints Mr. V Hariharan as New Chief Executive Officer

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SINGAPORE, Dec. 12, 2011 /PRNewswire-Asia/ — The Board of Directors of the Singapore Mercantile Exchange (“SMX”) is pleased to announce the appointment of Mr. Vaidyalingam Hariharan, currently serving as the interim CEO, as the Chief Executive Officer of SMX with effect from 12 December 2011. His appointment is for an initial term of three years.

“The Board is pleased to appoint Mr. Hariharan as the CEO of SMX. He has steered the exchange to a path of consistent growth through the transitional phase. We are confident that, with his vast experience of new exchange implementation in multiple Greenfield projects, he will be able to expand the reach of SMX into new product categories and markets,” says Mr. Ang Swee Tian, Chairman of SMX.

In his six-month tenure as the interim CEO, Mr. Hariharan has been responsible for stabilising the operations of SMX and demonstrating tangible results both on the business and strategic fronts. He has instilled greater focus in the organisation through re-allocation of resources and responsibilities with a view to driving performance.

“I am happy that the Board has expressed confidence in my leadership and given me a mandate to lead this unique pan-Asian commodity derivatives and currencies exchange. In the short term, we aim to further consolidate our position and also introduce some Asia specific agri contracts which will enable to broaden market participation on SMX,” says Mr. V Hariharan, CEO of SMX on his appointment.

Mr. Hariharan is a qualified technology and management professional with extensive experience in areas of technology development and conceptualization, exchange management, business strategy and international relations. He has immense knowledge in the field of exchanges, with previous stints at the Bombay Stock Exchange (BSE), National Stock Exchange of India Ltd. (NSE) and Multi Commodity Exchange of India Ltd. (MCX). Mr. Hariharan has been notably involved in MCX (5th largest Commodity Exchange in the world), and Indian Electricity Exchange (IEX – No. 1 Electricity Exchange of India), where he has been involved right from the inception as director on the board to implement these green-field Exchanges.

From December 2000, he has held pivotal roles within the Financial Technologies Group — a leading provider of trading technology solutions and the creator of several exchange and support eco-system ventures across India, Middle East, Asia and Africa. Mr. V Hariharan has been director on the board of various exchanges and support companies including the boards of SMX and its wholly-owned subsidiary, SMX Clearing Corporation from the very beginning.

About Singapore Mercantile Exchange

Singapore Mercantile Exchange is a pan-Asian multi-product commodity and currency derivatives exchange situated in Singapore. It offers a comprehensive platform for trading a diversified basket of commodities including futures and options contracts on precious metals, base metals, agriculture commodities, energy, currencies and indices. SMX offers market participants the benefits of market transparency, time zone convenience, price discovery and benchmarking, price risk management and multiple connectivity options. Counterparty clearing and settlement risk is effectively managed through its clearing house, the Singapore Mercantile Exchange Clearing Corporation. The regulator of Singapore’s financial markets — the Monetary Authority of Singapore (MAS) — has granted SMX “Approved Exchange” status since 2010. SMX is backed by the world’s leading creator of exchanges — Financial Technologies (India) Limited — which has successfully established 10 exchanges across India, Dubai, Singapore, Africa, Mauritius and Bahrain. SMX is a member of leading international derivatives industry associations, such as the Futures Industry Association (FIA), the Swiss Futures and Options Association (SFOA), the Association of Futures Markets (AFM) and the Futures and Options Association (FOA).

More information is available at http://www.smx.com.sg

For SMX media enquiries, please contact:

Hasmita Rajan
Corporate Communications
Tel: +65-6590-3754
Email: hasmita.rajan@smx.com.sg

SOURCE Singapore Mercantile Exchange

Written by asiafreshnews

December 14, 2011 at 3:31 pm

Posted in Uncategorized

InterCall Announces Professional Services and Support for Adobe Connect

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SINGAPORE, Dec. 12, 2011 /PRNewswire-Asia/ — InterCall, the world’s largest conferencing and collaboration services provider, announced it will support Adobe’s enterprise web conferencing solution, Adobe(R) Connect(TM). InterCall’s consultation and systems integration services are designed to help companies successfully plan and implement Adobe Connect within their existing environment.

InterCall has completed audio integration within the Adobe Connect platform, providing customers with a fully-integrated audio and web conferencing experience. As a result, customers utilising Adobe Connect will be able to manage their InterCall audio conference from within the web meeting user interface.

“Our philosophy has always been to combine best of breed solutions with our proprietary Reservationless Plus audio platform. With the support of Adobe Connect, we again are able to expand that philosophy. Adobe Connect has impressed us with its focus on clean yet powerful interfaces for customers, allowing them to be as effective as possible and truly engage their participants,” said Rob Bellmar, vice president of product management at InterCall. “Our team of dedicated Solution specialists will be with our customers every step of the way to provide the tools and solutions necessary to successfully integrate Adobe Connect.”

InterCall’s services include:

— Planning – companies interested in implementing Adobe Connect 8 can
work with InterCall to build a business case for deployment with
emphasis on demonstrating the value of the solution and developing a
strategic implementation plan.
— Enablement – InterCall’s Solution specialist teams will help oversee
the deployment process, including migration to Adobe Connect 8 from
legacy versions, detailed service documentation and expert training
and adoption services.
— Operational – once deployment is complete, InterCall offers end user
support services to ensure and maintain client return on investment.

Adobe Connect provides users with a simpler and more user-friendly interface for easier management and navigation, a new optional desktop client for easy access and a software development kit for even greater solution extensibility. It also allows users to more securely support dynamic online meetings and offer engaging training. Users can share presentations and reach media right from their desktops, and receive feedback from hundreds of participants — all using a web browser and Adobe Flash(R) Player software, installed on virtually all Internet-connected personal computers worldwide. The combination of InterCall and Adobe Connect provides users with the ability to transform virtually any web conference into a richer, more collaborative experience.

About InterCall

InterCall, a subsidiary of West Corporation, is the largest conference and collaborations service provider in the world and a leading provider of global cloud-based unified communications services. Founded in 1991, InterCall offers telephony, messaging, conferencing and collaboration tools for businesses of all sizes, from large global enterprises to small or regional companies. With a global footprint and broad service capabilities, InterCall*s flexible models for hosted, managed and on-premises communications services help companies get the most out of their business processes.

InterCall’s strong U.S. presence, including four call centers and 26 sales offices, is bolstered by operations in Canada, Mexico, Latin America, the Caribbean, the United Kingdom, Ireland, France, Germany, Australia, mainland China, India, Hong Kong, Singapore, Malaysia, Japan and New Zealand. For more information, please visit http://www.intercallapac.com .

SOURCE InterCall

Written by asiafreshnews

December 14, 2011 at 2:50 pm

Posted in Uncategorized

Meritus Hotels & Resorts is Singapore’s Most Popular Heritage Brand

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SINGAPORE, Dec. 9, 2011 /PRNewswire-Asia/ — Meritus Hotels & Resorts emerged as the Most Popular Heritage Brand at the Singapore Prestige Brand Awards (SPBA) 2011. The distinction comes following a public voting to determine the most popular choice amongst this year’s Heritage Brand Award recipients.

(Photo: http://www.prnasia.com/sa/2011/12/09/20111209195011870270.html )
(Logo: http://www.prnasia.com/sa/2011/12/09/20111209194931399475-l.jpg )

Both the Heritage Brand and the Most Popular Heritage Brand awards were presented to Meritus CEO Michael Sengol by Mr Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister and Minister for Finance and Manpower, who was the Guest-of-Honour at the prestigious award ceremony held at Raffles City Convention Centre on 8 December.

“This is an exciting win for Meritus Hotels & Resorts,” said Mr Sengol. “It celebrates our proud 40-year heritage as Singapore’s icon of world-class hospitality, and further enhances the value of our brand as we bring our presence to more locations around the world.”

Now on its 10th year, SPBA continues to recognise and honour Singapore brands that are developed and managed effectively through various branding initiatives. With the increasing number of homegrown brands becoming established household names, achieving this esteemed mark of success is certainly a significant milestone in the branding journey of any local brand. The award also serves as a yardstick for organisations to benchmark their brand equity against their competitors. Having established itself as a prestigious branding award that local brand owners strive to attain, SPBA continues to be an effective platform for companies which aspire to become sterling brand names in Singapore to fuel their expansion plans abroad.

This year, a total of 44 established Singapore brands vied for top awards in the SPBA across five main award categories, namely SPBA – Promising Brands, SPBA – Established Brands, SPBA – Heritage Brands, SPBA – Regional Brands and SPBA – Special Merit.

The Heritage Brand category pays tribute to time-honoured homegrown brands which have embraced exceptional brand practices for more than 30 years. Entrants were judged by an esteemed panel based on brand heritage and identity, brand strategic blueprint, and brand development and performance.

SPBA is supported by SPRING Singapore, International Enterprise Singapore, and the Intellectual Property Office of Singapore.

Notes to Editors

About Meritus Hotels & Resorts

Meritus Hotels & Resorts is the hospitality division of Singapore Exchange-listed Overseas Union Enterprise Limited (OUE) which is amongst the key property players in Asia, and one of the few integrated developers in Singapore boasting a complete portfolio of prime assets across the retail, commercial, residential, and hospitality sectors.

As an award-winning hospitality brand, Meritus is synonymous with Asian hospitality and heritage, with luxury properties strategically located in key cities and idyllic resort destinations in Singapore, Malaysia, Mainland China, and soon — in all parts of the world. Its current portfolio includes the flagship Mandarin Orchard Singapore, Marina Mandarin Singapore, Meritus Pelangi Beach Resort & Spa Langkawi, Shanghai JC Mandarin, Meritus Mandarin Haikou, and Meritus Shantou China.

For more information and to enjoy Best Rates by Meritus, visit http://www.meritushotels.com .

For further press information, please contact:

Janice Azupardo
Regional Vice President, Branding & Communications
Meritus Hotels & Resorts
Tel: +65-6831-6385
janice.azupardo@meritushotels.com

Grace Ho
Branding & Communications Executive
Meritus Hotels & Resorts
Tel: +65-6831-6054
grace.ho@meritushotels.com

SOURCE Meritus Hotels & Resorts

Written by asiafreshnews

December 14, 2011 at 9:29 am

Posted in Uncategorized

RS Components Extends Market-Leading 3D CAD Library with More Models from Molex and Omron

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(Logo: http://www.prnasia.com/sa/2011/05/04/20110504368830.jpg )

With the release of an additional 1000 3D models of Molex connectors, encompassing the latest technologies, the range of Molex 3D models available from RS now covers more than 7000 products. Over 1000 3D models of Omron parts have also been added to the RS library, including tactile, pushbutton and DIP switches, as well as flow sensors, micro switches and relays.

The extensive scope of product models available today from the RS library is unrivalled in the industry, with users now having access to over 30,000 certified 3D CAD models of electronic and mechanical components. Registered users can download a model from the RS website in up to 23 neutral and native CAD file formats, enabling engineers to select the model in their preferred CAD package for mechanical design. Each model has part number and ordering information attached, aiding the purchasing process and allowing for quick completion of new designs.

Mark Cundle, Technical Marketing Manager for RS Components said, “Producing 3D CAD models can be a time-consuming effort for engineers involved in electronics design. Extending our 3D CAD model range provides our customers with access to the most comprehensive library of online downloadable models in all major CAD file formats, in one place and at no extra cost. This is an essential part of our support for engineers with reliable technical information and online resources that enable them to find, design-in and buy from one source.”

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world’s leading high service distributor of electronics and maintenance products. Through operations in 32 countries and 17 warehouses, the Group serves 1.6 million customers worldwide and distributes 550,000 products ranging from semiconductors and optoelectronics to power tools and protective clothing. The product and service portfolio supports the entire product lifecycle from R&D through pre-production to maintenance and repair. The Group ships more than 46,000 parcels on the same day the orders are received.

Electrocomponents is listed on the London Stock Exchange and in the last financial year to 31 March 2011 had revenues of GBP1.18bn.

For more information, please visit the website at http://www.rs-components.com.

Further information is available via these links:

Twitter: @RSElectronics; @alliedelec; @designsparkRS
Tweet: RS Components
Hashtags: #ecommerce #electronics
RS Components on Linkedin
http://www.linkedin.com/company/rs-components

Relevant Links:

Electrocomponents plc
http://www.electrocomponents.com

RS Components
http://www.rs-components.com

DesignSpark
http://www.designspark.com

Editorial Contact:

RS Components
Tan Soo Chun
Public Relations Manager – Asia Pacific
Tel: +65-6391-5745
Email: soochun.tan@rs-components.com

SOURCE: RS Components

Written by asiafreshnews

December 13, 2011 at 3:15 pm

Posted in Uncategorized

Corenet Global Appoints Tracy Waldorf Director of Member and Component Relations

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ATLANTA, Ga., Dec. 12, 2011 /PRNewswire-Asia/ — CoreNet Global, the world’s leading professional association for corporate real estate and workplace professionals, service providers and economic developers, has appointed Tracy Waldorf, Director of Member and Component Relations for Southeast Asia and Australia/New Zealand.

Waldorf is responsible for member relations and chapters located in Singapore, Philippines, Malaysia, Sydney, Melbourne, Brisbane and New Zealand.

Waldorf will be based in Singapore.

“We look forward to Tracy’s leadership in a region that is growing quickly for CoreNet Global,” said Angela Cain, CEO of CoreNet Global. “The corporate real estate community in Asia, Australia and New Zealand is expanding and represents global expansion opportunities.”

Previously, Waldorf was the Director of Graduate Programs at the International Executive Education Center (IEEC).

CoreNet Global is the world’s leading association for corporate real estate (CRE) and workplace professionals, service providers, and economic developers. Our 6,800 members, who include nearly half of the Global 2000 and 70% of the top 100 U.S. companies, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally.

For more information on CoreNet Global, please visit www.corenetglobal.org .

Contact:

Tracy Waldorf
CoreNet Global
Phone: +617-3330-9544
Email: twaldorf@corenetglobal.org

Janet Middlemiss,
JEM Worldwide Ltd.
Phone: +852-2857-3832
Mobile: +852-9195-7829
Email: janet@jemworldwide.com
SOURCE CoreNet Global

Written by asiafreshnews

December 13, 2011 at 10:06 am

Posted in Business & Finance