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Archive for February 16th, 2012

CAIA Association Appoints Jane Buchan of Pacific Alternative Asset Management Co. as Chairman of the Board of Directors

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AMHERST, Massachusetts, Feb. 15, 2012 /PRNewswire-Asia/ — The Chartered Alternative Investment Analyst (CAIA) Association, sponsor of the CAIA charter, the benchmark for alternative investment education worldwide, today announced the appointment of Jane Buchan, chief executive officer of Pacific Alternative Asset Management Company, LLC (“PAAMCO”), as chairman of its board of directors.

“Jane’s contributions to the industry and the association, as well as her vision for CAIA, make her the ideal colleague to take the organization into the next decade,” said Florence Lombard, chief executive officer of the CAIA Association.

“The world continues to increase in complexity and helping investors understand the growing array of investment opportunities and risks involved is central to CAIA’s mission,” said Buchan. “I am excited to continue to work with the preeminent provider of alternative investment education.”

Buchan, who joined the CAIA board in 2009, is the author of numerous professional publications on topics such as hedge funds, corporate risk and market neutral strategies.

“Jane’s knowledge and depth of management experience will be invaluable to CAIA’s mission of providing the highest level of education to its members. Her background fits CAIA’s cutting edge curriculum developed by academics and senior level industry professionals, which helps our members stay ahead in the dynamic field of alternative investing,” added Lombard.

Buchan succeeds Thomas Schneeweis who served as board chair for the last year. Schneeweis will remain a member of the board and chairman of the CAIA Foundation.

As CEO of PAAMCO, Buchan is responsible for overall business strategy and firm direction. In addition, she is a sector specialist responsible for the evaluation and management of fixed-income relative value hedge funds in the various PAAMCO portfolios. She is also a member of the investment management, risk management and account management committees.

Prior to forming PAAMCO, Buchan held a number of positions in the financial markets and was an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. She graduated from Yale University with a B.A. in Economics and received both her M.A. and Ph.D. in Business Economics (Finance) from Harvard University.

About the CAIA Association

The Chartered Alternative Investment Analyst Association(R) is the global benchmark for alternative investment education. It grants the CAIA Charter upon successful completion of two levels of qualifying exams; sponsors research and publications; connects alternative investments experts around the world; and advocates for the highest standards in professional conduct. The CAIA Association has more than 5,400 members in 75 countries and 15 affiliated chapters. More information can be found at CAIA.org.

About PAAMCO

Pacific Alternative Asset Management Company is dedicated to offering strategic investment solutions to large, sophisticated institutional investors. Based in Irvine, California, PAAMCO was started in March 2000, has a global headcount of 130, offices in London and Singapore, and more than $8 billion of assets under direct management. The firm’s portfolio management team has a strong academic background and years of experience in analyzing and creating multi-strategy portfolios of hedge funds.

SOURCE﹛Chartered Alternative Investment Analyst Association

Written by asiafreshnews

February 16, 2012 at 5:45 pm

Posted in Uncategorized

CAIA Association Appoints Jane Buchan of Pacific Alternative Asset Management Co. as Chairman of the Board of Directors

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AMHERST, Massachusetts, Feb. 15, 2012 /PRNewswire-Asia/ — The Chartered Alternative Investment Analyst (CAIA) Association, sponsor of the CAIA charter, the benchmark for alternative investment education worldwide, today announced the appointment of Jane Buchan, chief executive officer of Pacific Alternative Asset Management Company, LLC (“PAAMCO”), as chairman of its board of directors.

“Jane’s contributions to the industry and the association, as well as her vision for CAIA, make her the ideal colleague to take the organization into the next decade,” said Florence Lombard, chief executive officer of the CAIA Association.

“The world continues to increase in complexity and helping investors understand the growing array of investment opportunities and risks involved is central to CAIA’s mission,” said Buchan. “I am excited to continue to work with the preeminent provider of alternative investment education.”

Buchan, who joined the CAIA board in 2009, is the author of numerous professional publications on topics such as hedge funds, corporate risk and market neutral strategies.

“Jane’s knowledge and depth of management experience will be invaluable to CAIA’s mission of providing the highest level of education to its members. Her background fits CAIA’s cutting edge curriculum developed by academics and senior level industry professionals, which helps our members stay ahead in the dynamic field of alternative investing,” added Lombard.

Buchan succeeds Thomas Schneeweis who served as board chair for the last year. Schneeweis will remain a member of the board and chairman of the CAIA Foundation.

As CEO of PAAMCO, Buchan is responsible for overall business strategy and firm direction. In addition, she is a sector specialist responsible for the evaluation and management of fixed-income relative value hedge funds in the various PAAMCO portfolios. She is also a member of the investment management, risk management and account management committees.

Prior to forming PAAMCO, Buchan held a number of positions in the financial markets and was an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. She graduated from Yale University with a B.A. in Economics and received both her M.A. and Ph.D. in Business Economics (Finance) from Harvard University.

About the CAIA Association

The Chartered Alternative Investment Analyst Association(R) is the global benchmark for alternative investment education. It grants the CAIA Charter upon successful completion of two levels of qualifying exams; sponsors research and publications; connects alternative investments experts around the world; and advocates for the highest standards in professional conduct. The CAIA Association has more than 5,400 members in 75 countries and 15 affiliated chapters. More information can be found at CAIA.org.

About PAAMCO

Pacific Alternative Asset Management Company is dedicated to offering strategic investment solutions to large, sophisticated institutional investors. Based in Irvine, California, PAAMCO was started in March 2000, has a global headcount of 130, offices in London and Singapore, and more than $8 billion of assets under direct management. The firm’s portfolio management team has a strong academic background and years of experience in analyzing and creating multi-strategy portfolios of hedge funds.

SOURCE﹛Chartered Alternative Investment Analyst Association

Written by asiafreshnews

February 16, 2012 at 5:44 pm

Posted in Uncategorized

Casey Kelly Joins Korn/Ferry International’s Global Industrial Market

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SINGAPORE, Feb. 15, 2012 /PRNewswire-Asia/ — Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, has welcomed Casey Kelly to its industrial and supply chain practices. To be based in the Firm’s Singapore office, Mr. Kelly specializes in international C-Suite and Board searches in the Industrial Markets and will advise Korn/Ferry’s clients on developing their talent and organizations, and recruiting executives for critical positions.

(Photo: http://photos.prnewswire.com/prnh/20120214/LA53428)

Mr. Kelly has over twenty years of global executive and line management experience with ABB, SmithKline Beecham and Cathay Pacific Airways. As a global business leader with strong end-to-end value chain know-how, Mr. Kelly further deployed his capabilities in operational excellence consulting. For over seven years he advised on start-ups, turnarounds and restructurings for private equity, sovereign funds, and multinational clients. He also led large cross-functional teams in driving supply chain management transformation projects covering supply chain planning, procurement, customer service, contract manufacturing, and transportation and logistics.

Mr. Kelly uses his insider experience in managing supply chains, procurement, operations and industrial divisions valued between US$500 million to US$22 billion to assist clients in identifying the senior talent they need. He has been involved with industrial markets in Asia Pacific, Russia/CIS, EMEA and the Americas since 1985 and has built extensive networks around the world.

Prior to joining Korn/Ferry, Mr. Kelly was a Partner at Heidrick & Struggles, and the regional leader of their Supply Chain & Operations and Transportation & Logistics practices in Asia Pacific.

“Casey is recognized as a global transformational change leader and has helped numerous companies to realign their operations and resources. His global experience, his passion for people and excellence are a perfect match for Korn/Ferry’s further expansion across Asia Pacific,” said Peter Everaert, Korn/Ferry’s Managing Director for the global industrial markets in APAC.

Mr. Kelly received his bachelor’s degree in international relations/economics and management from Beloit College, Wisconsin and completed graduate studies in economic development planning at Uppsala University, Sweden. He is fluent in a number of languages including conversational Chinese Mandarin.

About Korn/Ferry International Asia Pacific
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Korn/Ferry, based in Los Angeles, was the first major global executive search firm to operate in Asia Pacific when it opened its doors in Tokyo in 1973. Today it has eighteen offices in key business centers throughout the region. Korn/Ferry delivers an array of solutions that help clients to attract, engage, develop, and retain their talent.

Visit http://www.kornferry.com for more information on the Korn/Ferry International family of companies, and http://www.kornferryinstitute.com for thought leadership, intellectual property and research.

SOURCE﹛Korn/Ferry International

Written by asiafreshnews

February 16, 2012 at 5:19 pm

Posted in Uncategorized

Casey Kelly Joins Korn/Ferry International’s Global Industrial Market

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SINGAPORE, Feb. 15, 2012 /PRNewswire-Asia/ — Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, has welcomed Casey Kelly to its industrial and supply chain practices. To be based in the Firm’s Singapore office, Mr. Kelly specializes in international C-Suite and Board searches in the Industrial Markets and will advise Korn/Ferry’s clients on developing their talent and organizations, and recruiting executives for critical positions.

(Photo: http://photos.prnewswire.com/prnh/20120214/LA53428)

Mr. Kelly has over twenty years of global executive and line management experience with ABB, SmithKline Beecham and Cathay Pacific Airways. As a global business leader with strong end-to-end value chain know-how, Mr. Kelly further deployed his capabilities in operational excellence consulting. For over seven years he advised on start-ups, turnarounds and restructurings for private equity, sovereign funds, and multinational clients. He also led large cross-functional teams in driving supply chain management transformation projects covering supply chain planning, procurement, customer service, contract manufacturing, and transportation and logistics.

Mr. Kelly uses his insider experience in managing supply chains, procurement, operations and industrial divisions valued between US$500 million to US$22 billion to assist clients in identifying the senior talent they need. He has been involved with industrial markets in Asia Pacific, Russia/CIS, EMEA and the Americas since 1985 and has built extensive networks around the world.

Prior to joining Korn/Ferry, Mr. Kelly was a Partner at Heidrick & Struggles, and the regional leader of their Supply Chain & Operations and Transportation & Logistics practices in Asia Pacific.

“Casey is recognized as a global transformational change leader and has helped numerous companies to realign their operations and resources. His global experience, his passion for people and excellence are a perfect match for Korn/Ferry’s further expansion across Asia Pacific,” said Peter Everaert, Korn/Ferry’s Managing Director for the global industrial markets in APAC.

Mr. Kelly received his bachelor’s degree in international relations/economics and management from Beloit College, Wisconsin and completed graduate studies in economic development planning at Uppsala University, Sweden. He is fluent in a number of languages including conversational Chinese Mandarin.

About Korn/Ferry International Asia Pacific
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Korn/Ferry, based in Los Angeles, was the first major global executive search firm to operate in Asia Pacific when it opened its doors in Tokyo in 1973. Today it has eighteen offices in key business centers throughout the region. Korn/Ferry delivers an array of solutions that help clients to attract, engage, develop, and retain their talent.

Visit http://www.kornferry.com for more information on the Korn/Ferry International family of companies, and http://www.kornferryinstitute.com for thought leadership, intellectual property and research.

SOURCE﹛Korn/Ferry International

Written by asiafreshnews

February 16, 2012 at 5:19 pm

Posted in Uncategorized

Singaporean Enterprises Speed up Expansion in Western China

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SINGAPORE, Feb. 15, 2012 /PRNewswire-Asia/ — Singaporean enterprises including Meritus Hotels & Resorts and CapitaLand (China) Investment Co. have plans to pump up their investment in western China, with Chengdu’s Tianfu New Zone likely to emerge as the hottest magnet for investors.

On February 15, the Chengdu Channel of Singapore’s Lianhe Zaobao (http://chengdu.zaobao.com) and Symposium for Singaporean & Sichuan Entrepreneurs Investing in Tianfu New Zone were launched in Chengdu, providing yet another avenue for cooperation and exchanges between businesspeople and policy-makers of Sichuan and the southeast Asian country, following the Singapore-Sichuan High-Tech Innovation Park, a major venture also located in Tianfu New Zone.

Chengdu Channel of the Lianhe Zaobao website is a multi-media platform established jointly by Chengdu Overseas Media Services and Singapore Press Holdings, the publisher of Lianhe Zaobao. It is aimed to serve as a key communications channel for businesses and governments of Singapore and Sichuan.

Chengdu Channel will hold regular investment events for Singapore and Chengdu entrepreneurs to spur their mutual business cooperation and exchange. It plans to explore a new model of regional collaboration platform between western China with Chengdu as the focal point and Southeast Asia centered on Singapore.

At the first Symposium for Singaporean & Sichuan Entrepreneurs Investing in Tianfu New Zone, potentials in the Tianfu New Zone and seeking partnerships to capitalize on these opportunities topped the agenda for discussion between participants.

Regarding the prospects of Singaporean companies in China, Pang Te Cheng, Consul General of the Consulate-General of the Republic of Singapore in Chengdu, said that many of these companies have already predicted and prepared for the impending relocation of production facilities from China’s east coast toward the nation’s western region.

Last September, cooperation between Sichuan and Singapore reached a new apex when the agreement for the Singapore-Sichuan High-Tech Innovation Park was concluded.

Consul General Pang noted that Sichuan and Chengdu have undergone full speed social and economic growth over the recent years, especially after the 2008 Sichuan earthquake. In 2011, Sichuan achieved an economic aggregate of over RMB2 trillion, a 15% growth and the second-fastest among Chinese provinces, while Chengdu recorded RMB685.5 billion in GDP, a 15.2% increase that ranks fourth in China’s sub-provincial cities. Add to that the potential of the Tianfu New Zone, often deemed to arise as a new Chengdu, and revitalization of the city’s northern area, Sichuan and, in particular, its capital are fast becoming the core of the western China expansion.

Chengdu’s economic growth has parlayed into deeper ties with Singapore. The construction of the Singapore-Sichuan High-Tech Innovation Park, the first wave of development of the prominent Tianfu New Zone, signals a new height of Singaporean investment and a sizable vessel for future cooperation. Add to that other ventures such as the landmark Raffles City, under development by the Chinese subsidiary of Singapore-based CapitaLand, to open in Chengdu in the middle of the year, traffic between the two regions will likely continue to rise. Last year, more than 45,000 Sichuan residents visited Singapore, among which over 37,000 were from Chengdu, up 25% and 24% year on year respectively.

Hoon Teck Ming, General Manager of Southwest China of CapitaLand China Holdings, said the company has been paying close attention to the government’s planning of and policies affecting the Tianfu New Zone. The Singapore-Sichuan High-Tech Innovation Park, with its strong industry orientation and infrastructure supports, will attract various resources and promote population influx and property development, and many more of these urban-industrial integrations will materialize in the New Zone.

Kenneth Choo, Director of China Operations of Singaporean training provider NTUC LearningHub and director of the Sichuan branch of the Singapore Chamber of Commerce and Industry in China (SingCham), revealed that NTUC plans to open a professional training school in the Singapore-Sichuan High-Tech Innovation Park to provide Singaporean and other foreign-funded companies in Chengdu with vocational training programs. Star Alliance Education & Services’ director Shelly Seah also noted that Chengdu has a promising education market, and the company will increase its expenditure in the city this year.

Yee Loon Lau, Business Development Director with Singapore’s Meritus Hotels & Resorts, was cited as applauding the growth of the hospitality industry in Chengdu, as many world-class hotels including Intercontinental and Shangri-La have established their presence in the city and are driving the local market toward high-end consumption and high-intensity competition. Nonetheless, Lau expressed confidence in the sector’s continual growth following the construction of Tianfu New Zone, and recently flew to the city for talks over a hotel development project.

Singapore Prime Minister’s Office Cabinet Minister and Singapore-Sichuan Trade and Investment Committee (SSTIC) consultant Lim Swee Say said in an earlier interview that Singaporean government and enterprises have invested in several large-scale projects in China such as the Suzhou Industrial Park, Tianjin Ecological City, and Guangzhou Knowledge City, but that “the Singapore-Sichuan Innovation Park in the Tianfu New Zone will surpass the others.”

SOURCE﹛Information Office of Chengdu Municiple Government

Written by asiafreshnews

February 16, 2012 at 4:53 pm

Posted in Uncategorized

Singaporean Enterprises Speed up Expansion in Western China

leave a comment »

SINGAPORE, Feb. 15, 2012 /PRNewswire-Asia/ — Singaporean enterprises including Meritus Hotels & Resorts and CapitaLand (China) Investment Co. have plans to pump up their investment in western China, with Chengdu’s Tianfu New Zone likely to emerge as the hottest magnet for investors.

On February 15, the Chengdu Channel of Singapore’s Lianhe Zaobao (http://chengdu.zaobao.com) and Symposium for Singaporean & Sichuan Entrepreneurs Investing in Tianfu New Zone were launched in Chengdu, providing yet another avenue for cooperation and exchanges between businesspeople and policy-makers of Sichuan and the southeast Asian country, following the Singapore-Sichuan High-Tech Innovation Park, a major venture also located in Tianfu New Zone.

Chengdu Channel of the Lianhe Zaobao website is a multi-media platform established jointly by Chengdu Overseas Media Services and Singapore Press Holdings, the publisher of Lianhe Zaobao. It is aimed to serve as a key communications channel for businesses and governments of Singapore and Sichuan.

Chengdu Channel will hold regular investment events for Singapore and Chengdu entrepreneurs to spur their mutual business cooperation and exchange. It plans to explore a new model of regional collaboration platform between western China with Chengdu as the focal point and Southeast Asia centered on Singapore.

At the first Symposium for Singaporean & Sichuan Entrepreneurs Investing in Tianfu New Zone, potentials in the Tianfu New Zone and seeking partnerships to capitalize on these opportunities topped the agenda for discussion between participants.

Regarding the prospects of Singaporean companies in China, Pang Te Cheng, Consul General of the Consulate-General of the Republic of Singapore in Chengdu, said that many of these companies have already predicted and prepared for the impending relocation of production facilities from China’s east coast toward the nation’s western region.

Last September, cooperation between Sichuan and Singapore reached a new apex when the agreement for the Singapore-Sichuan High-Tech Innovation Park was concluded.

Consul General Pang noted that Sichuan and Chengdu have undergone full speed social and economic growth over the recent years, especially after the 2008 Sichuan earthquake. In 2011, Sichuan achieved an economic aggregate of over RMB2 trillion, a 15% growth and the second-fastest among Chinese provinces, while Chengdu recorded RMB685.5 billion in GDP, a 15.2% increase that ranks fourth in China’s sub-provincial cities. Add to that the potential of the Tianfu New Zone, often deemed to arise as a new Chengdu, and revitalization of the city’s northern area, Sichuan and, in particular, its capital are fast becoming the core of the western China expansion.

Chengdu’s economic growth has parlayed into deeper ties with Singapore. The construction of the Singapore-Sichuan High-Tech Innovation Park, the first wave of development of the prominent Tianfu New Zone, signals a new height of Singaporean investment and a sizable vessel for future cooperation. Add to that other ventures such as the landmark Raffles City, under development by the Chinese subsidiary of Singapore-based CapitaLand, to open in Chengdu in the middle of the year, traffic between the two regions will likely continue to rise. Last year, more than 45,000 Sichuan residents visited Singapore, among which over 37,000 were from Chengdu, up 25% and 24% year on year respectively.

Hoon Teck Ming, General Manager of Southwest China of CapitaLand China Holdings, said the company has been paying close attention to the government’s planning of and policies affecting the Tianfu New Zone. The Singapore-Sichuan High-Tech Innovation Park, with its strong industry orientation and infrastructure supports, will attract various resources and promote population influx and property development, and many more of these urban-industrial integrations will materialize in the New Zone.

Kenneth Choo, Director of China Operations of Singaporean training provider NTUC LearningHub and director of the Sichuan branch of the Singapore Chamber of Commerce and Industry in China (SingCham), revealed that NTUC plans to open a professional training school in the Singapore-Sichuan High-Tech Innovation Park to provide Singaporean and other foreign-funded companies in Chengdu with vocational training programs. Star Alliance Education & Services’ director Shelly Seah also noted that Chengdu has a promising education market, and the company will increase its expenditure in the city this year.

Yee Loon Lau, Business Development Director with Singapore’s Meritus Hotels & Resorts, was cited as applauding the growth of the hospitality industry in Chengdu, as many world-class hotels including Intercontinental and Shangri-La have established their presence in the city and are driving the local market toward high-end consumption and high-intensity competition. Nonetheless, Lau expressed confidence in the sector’s continual growth following the construction of Tianfu New Zone, and recently flew to the city for talks over a hotel development project.

Singapore Prime Minister’s Office Cabinet Minister and Singapore-Sichuan Trade and Investment Committee (SSTIC) consultant Lim Swee Say said in an earlier interview that Singaporean government and enterprises have invested in several large-scale projects in China such as the Suzhou Industrial Park, Tianjin Ecological City, and Guangzhou Knowledge City, but that “the Singapore-Sichuan Innovation Park in the Tianfu New Zone will surpass the others.”

SOURCE﹛Information Office of Chengdu Municiple Government

Written by asiafreshnews

February 16, 2012 at 4:52 pm

Posted in Uncategorized

Renesas Mobile Introduces First Integrated LTE Triple-Mode Platform Optimised for Full-Featured, High Volume Smartphones

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MP5232 Dual 1.5GHz core Communications Processor to Drive LTE Growth with Best-in-Class User Experience for High Volume LTE Smartphones and Tablets

TOKYO, Feb. 15, 2012 /PRNewswire-Asia/ — Renesas Electronics Corporation (TSE: 6723) and its subsidiary, Renesas Mobile Corporation (http://www.renesasmobile.com), a leading supplier of advanced cellular semiconductor solutions and platforms, today announced the availability of the MP5232, the first single-chip, high-performance, scalable smartphone platform optimised to address the US$150-300 range device market. The MP5232 platform is designed to enable OEMs to accelerate the creation and delivery of high volume LTE/HSPA+ capable smartphones, tablets and mobile Internet devices the industry requires to deliver the full potential of LTE.

The MP5232 platform sets a new benchmark in terms of levels of integration and performance for fully featured high-volume LTE devices. At its heart, the Renesas Mobile modem, deployed in over two billion devices to date, delivers the industry’s highest throughput and low power multi-mode FDD and TDD-LTE Category 4 capabilities. Combined with a state-of-the-art application processor the platform delivers a no-compromise user experience with multi-core computing power, industry-leading graphics, video and imaging capabilities. The platform also includes advanced RF transceivers, power management and audio solutions. This highly integrated smartphone platform is delivered fully tested and certified to enable customers to bring new generations of fully-featured LTE/HSPA+ smartphones to market in as little as six to nine months.

Please click here for the complete press release: http://www.presseportal.de/pm/102320/2198792

Press contact:
Barbara Mieth
F&H Porter Novelli
renesasmobile@fundh.de
+49-89-121-75-131

SOURCE﹛Renesas Mobile Corporation

Written by asiafreshnews

February 16, 2012 at 4:16 pm

Posted in Uncategorized

Haier Establishes Asian Headquarters in Japan as Part of Its Global Expansion Strategy

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The world’s No. 1 Global Major Appliances brand plans its growth in Asia by establishing a stronger foothold in Japan

TOKYO, Feb. 15, 2012 /PRNewswire-Asia/ — At a press conference today, Haier Group, the world’s No. 1 Global Major Appliances brand, officially announced its plans to establish its Asian headquarters in Osaka, and two R&D centers in Tokyo and Kyoto, a development that now establishes Japan an overseas market that combines all of the three key elements for business – R&D, manufacturing, and marketing. It also demonstrates Haier’s long-term strategic plan to grow its international market and establish its global brand reputation.

The conference marked the official unveiling of Haier’s second brand in Japan, AQUA. Last year, Haier purchased SANYO’s washing machine and consumer refrigerator businesses in Japan, in addition to its washing machine, refrigerator and consumer home electric appliances businesses in Indonesia, Malaysia, the Philippines and Vietnam. AQUA, as part of SANYO’s intangible assets, was transferred to Haier in 2011. Meanwhile, Haier owns two brands, Haier and AQUA, in the Japanese market as part of its dual brand strategy.

Haier expected its sales in Japan to reach 50 billion yen in 2012, including AQUA’s estimated 35 billion yen. However, the company emphasized that it is not only eying an increase in market share. “What is most important for us is to better understand Japanese consumers, and provide high-quality appliances to meet the demands of their lives through our localized operations, technology innovation, and resource consolidation,” said Liang Haishan, Haier’s Executive VP.

Following the acquisition, Haier decided to keep AQUA’s DNA – its unique technology, function and concept – intact to continue to provide high-quality products to Japanese consumers. Under Haier’s ownership, AQUA has evolved from a brand of washing machines to one that will comprise over 60 models of washing machines, refrigerators and other white goods. AQUA, currently available in Japan, is targeted at middle-and-high-income Japanese families that value their quality of life. AQUA’s brand concept is defined by Haier as “Life is precious,” and is created for those who “value every day of their lives.”

Besides Japan, Haier is also launching its duel brand strategy in the Southeast Asian market where it will operate under the brand names of “Haier” and “SANYO.” Haier’s Asian headquarters in Japan will oversee the innovation-oriented R&D, manufacturing, and marketing across the two regional markets.

Du Jingguo, Haier’s vice president, told press conference attendees, “Haier chose Japan as the home for its Asian headquarters because of the country’s mature home appliances market and its global leadership position in terms of technological innovation and design. This combined with the deep understanding and insights that Haier has gained over the past 10 years of operations in Japan, as well as its leading-edge innovation and world-class competitiveness will help accelerate its growth and consolidation as the world’s No.1 Global Major Appliances brand.”

About Haier

Over the past 27 years, Haier has endeavored to establish a world-famous brand in the international marketplace. So far, it has established 61 sales centers, 10 R&D centers, and 21 industrial parks across over 160 markets. It has also been ranked by Euromonitor as the No. 1 Global Major Appliances brand in terms of market share in the world for years consecutively.

Based in Osaka, Haier’s Asian headquarters oversees two R&D centers in Tokyo and Kyoto, respectively. It has registered a capital of 250 million yen to date, and currently has 220 employees. It also oversees sales companies that market AQUA and Haier brands separately for the Japanese market, as well as a company in Shiga Prefecture that produces household and commercial machines.

About AQUA

AQUA was originally created as a marketing brand of SANYO washing machines. Established in 2006, AQUA was known for its unprecedented “air wash” technology and has long been popular among energy and cost-conscious Japanese consumers. Haier purchased AQUA from SANYO in 2011 as part of its expansion strategy into the Japanese market.

For more information, visit http://www.haier.com ( http://www.haier.com )

Contact:

Ms. Wang Na
Haier Group Co. Ltd.
Telephone: +86-532-8893-6177
Email: wangna@haier.com( mailto:wangna@haier.com )

Ms. Rohini MUKHERJI
Hill and Knowlton China
Telephone: +86-10-6512-8811
Email: rohini.mukherji@hillandknowlton.com.cn( mailto:rohini.mukherji@hillandknowlton.com.cn )

SOURCE﹛Haier Group Co. Ltd.

Written by asiafreshnews

February 16, 2012 at 3:55 pm

Posted in Uncategorized

Haier Establishes Asian Headquarters in Japan as Part of Its Global Expansion Strategy

leave a comment »

The world’s No. 1 Global Major Appliances brand plans its growth in Asia by establishing a stronger foothold in Japan

TOKYO, Feb. 15, 2012 /PRNewswire-Asia/ — At a press conference today, Haier Group, the world’s No. 1 Global Major Appliances brand, officially announced its plans to establish its Asian headquarters in Osaka, and two R&D centers in Tokyo and Kyoto, a development that now establishes Japan an overseas market that combines all of the three key elements for business – R&D, manufacturing, and marketing. It also demonstrates Haier’s long-term strategic plan to grow its international market and establish its global brand reputation.

The conference marked the official unveiling of Haier’s second brand in Japan, AQUA. Last year, Haier purchased SANYO’s washing machine and consumer refrigerator businesses in Japan, in addition to its washing machine, refrigerator and consumer home electric appliances businesses in Indonesia, Malaysia, the Philippines and Vietnam. AQUA, as part of SANYO’s intangible assets, was transferred to Haier in 2011. Meanwhile, Haier owns two brands, Haier and AQUA, in the Japanese market as part of its dual brand strategy.

Haier expected its sales in Japan to reach 50 billion yen in 2012, including AQUA’s estimated 35 billion yen. However, the company emphasized that it is not only eying an increase in market share. “What is most important for us is to better understand Japanese consumers, and provide high-quality appliances to meet the demands of their lives through our localized operations, technology innovation, and resource consolidation,” said Liang Haishan, Haier’s Executive VP.

Following the acquisition, Haier decided to keep AQUA’s DNA – its unique technology, function and concept – intact to continue to provide high-quality products to Japanese consumers. Under Haier’s ownership, AQUA has evolved from a brand of washing machines to one that will comprise over 60 models of washing machines, refrigerators and other white goods. AQUA, currently available in Japan, is targeted at middle-and-high-income Japanese families that value their quality of life. AQUA’s brand concept is defined by Haier as “Life is precious,” and is created for those who “value every day of their lives.”

Besides Japan, Haier is also launching its duel brand strategy in the Southeast Asian market where it will operate under the brand names of “Haier” and “SANYO.” Haier’s Asian headquarters in Japan will oversee the innovation-oriented R&D, manufacturing, and marketing across the two regional markets.

Du Jingguo, Haier’s vice president, told press conference attendees, “Haier chose Japan as the home for its Asian headquarters because of the country’s mature home appliances market and its global leadership position in terms of technological innovation and design. This combined with the deep understanding and insights that Haier has gained over the past 10 years of operations in Japan, as well as its leading-edge innovation and world-class competitiveness will help accelerate its growth and consolidation as the world’s No.1 Global Major Appliances brand.”

About Haier

Over the past 27 years, Haier has endeavored to establish a world-famous brand in the international marketplace. So far, it has established 61 sales centers, 10 R&D centers, and 21 industrial parks across over 160 markets. It has also been ranked by Euromonitor as the No. 1 Global Major Appliances brand in terms of market share in the world for years consecutively.

Based in Osaka, Haier’s Asian headquarters oversees two R&D centers in Tokyo and Kyoto, respectively. It has registered a capital of 250 million yen to date, and currently has 220 employees. It also oversees sales companies that market AQUA and Haier brands separately for the Japanese market, as well as a company in Shiga Prefecture that produces household and commercial machines.

About AQUA

AQUA was originally created as a marketing brand of SANYO washing machines. Established in 2006, AQUA was known for its unprecedented “air wash” technology and has long been popular among energy and cost-conscious Japanese consumers. Haier purchased AQUA from SANYO in 2011 as part of its expansion strategy into the Japanese market.

For more information, visit http://www.haier.com ( http://www.haier.com )

Contact:

Ms. Wang Na
Haier Group Co. Ltd.
Telephone: +86-532-8893-6177
Email: wangna@haier.com( mailto:wangna@haier.com )

Ms. Rohini MUKHERJI
Hill and Knowlton China
Telephone: +86-10-6512-8811
Email: rohini.mukherji@hillandknowlton.com.cn( mailto:rohini.mukherji@hillandknowlton.com.cn )

SOURCE﹛Haier Group Co. Ltd.

Written by asiafreshnews

February 16, 2012 at 3:53 pm

Posted in Uncategorized

Bond No. 9’s Central Park West

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A Legendary, Grand-scale Address with a Grand-scale Front Yard Deserves an Eau de Parfum to Match

NEW YORK, Feb. 15, 2012 /PRNewswire-Asia/ — City parks have always intrigued us at Bond No. 9. These oases of serene greenery give New Yorkers a gathering place, an escape-hatch, and a time-out from the steel and concrete that surrounds and encloses us. What’s more, parks are filled with botanicals, so they smell good〞and smelling good with a New York accent is what Bond No. 9 is all about. Now, just in time for spring 2012, comes a 7th — Central Park West — inspired by the fabled thoroughfare that runs the entire two-and-a-half mile length of our greatest urban grassland, situated just across the street.

To view the multimedia assets associated with this release, please visit: http://www.multivu.com/mnr/54595-bond-no-9-central-park-west-fragrance

(PHOTO: http://photos.prnewswire.com/prnh/20120215/MM51911 )

Elegant thoroughfares with palatial buildings are in evidence elsewhere in Manhattan, but they’re the specialty at Central Park West, which urban planners and architectural critics regard as one of the grandest, most sumptuous addresses in America. Nowhere else can you find such an amazing line-up of neat and elegant grand-manner apartment houses — with the singular purpose of overlooking and honoring the magnificent greenery that, after all, is their front yard.

Central Park West, the fragrance, has been designed to have the grandeur and largesse of the street itself. It starts off with a springtime wakeup call: Narcissus mingled with tangy ylang ylang and a pinch of piquant pepper. Then comes a beckoning white-petal melange — orris, jasmine, and linden — surrounding their centerpiece, majestic gardenia. Sustaining and enriching this bouquet is an enduring base of white oak and vetiver, combined with the animal whiff of musk.

The Central Park West bottle captures the essence both of the neighborhood and the season. Against a pistachio background is a classic but oversize houndstooth check pattern (as pedigreed as the local architecture), updated here in purple — adding pizzazz. And wound around the neck is a gift — a detachable, double-row bracelet of pink beads with a big pink floral blossom, which, like the coveted flower on last spring’s Madison Square Park, can be worn on its own as a brooch.

On-counter March 15, 2012 and will be sold at Bond No. 9’s five New York stores, Saks Fifth Avenue, Nordstrom and bondno9.com. Price: 100ml, $250; 50ml, $180; body silk, $130; candle, $110; shower gel, $75.

For press requests, contact Bond No. 9 New York Public Relations, 212.228.0842 x24 or publicrelations@bondno9.com

Contact:
Lauren Demitry
212.228.0842 x19
lauren@bondno9.com

SOURCE﹛Bond No. 9 New York

Written by asiafreshnews

February 16, 2012 at 11:30 am

Posted in Uncategorized