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New QS University Rankings Point to Rise of Asia’s Young Universities

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LONDON, May 29, 2012 /PRNewswire-Asia/ —

Results on

The effects of Asia’s higher education revolution are showcased in a new ranking of the world’s leading universities under the age of 50. Asia claims a remarkable six of the top ten universities in the QS Top 50 Under 50 ranking, with The Chinese University of Hong Kong and The Hong Kong University of Science and Technology (HKUST) beating UK’s Warwick University to the top spots.

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QS Top 50 Under 50
2011 World
Under 50 Rankings Establishment
Institution Country Year

The Chinese
University of
Hong Kong
1 37 (CUHK) HK 1963
The Hong Kong
University of
Science and
2 40 (HKUST) HK 1991
The University
3 50 of Warwick GB 1964
4 58 (NTU) SG 1991
KAIST – Korea
Institute of
Science and
5 90 Technology KR 1971
University of
6 96 York GB 1963
University of
Science and
7 98 (POSTECH) KR 1986
8 109 University NL 1976
University of
9 110 Hong Kong HK 1984
University of
10 148 Irvine (UCI) US 1965

(c) QS Quacquarelli Symonds 2004-2012 Four of the top seven are Asian scientific institutions, with Singapore’s Nanyang Technological University outranking Western universities such as University of York and University of California, Irvine despite having been in existence for just 21 years.

“New science-based institutions have been established to drive innovation and growth in booming economies such as Hong Kong, Korea and Singapore”, says Ben Sowter, QS head of research: “Their superior performance compared to Western universities established within the same time frame is testament to Asia’s dynamism”.

QS Top 50 Under 50 has been published alongside the annual QS University Rankings: Asia to demonstrate the dramatic effects of Asian expenditure on international higher education.

QS University Rankings: Asia
2012 2011 Institution Country

The Hong Kong University of Science and
1 1 Technology (HKUST) HK
2 3 National University of Singapore SG
3 2 University of Hong Kong HK
4 6 Seoul National University KR
5 5 The Chinese University of Hong Kong (CUHK) HK
6 13 Peking University CN
KAIST – Korea Advanced Institute of Science
7 11 and Technology KR
8 4 The University of Tokyo JP
Pohang University of Science and Technology
10 7 Kyoto University JP

(C)QS Quacquarelli Symonds 2009-2012

This year’s QS ranking for Asia features its youngest ever top ten, with an average age of just 77.5. Four of the top 10 universities are less than 50 years old, with number one institution HKUST founded just 21 years ago.

The prominence of younger Asian institutions has been put down to a boom in scientific research. China doubled its main scientific research budget between 2009 and 2011, while universities in Singapore and Korea have benefited from multi-billion dollar investment programs.

Nine of the top ten Chinese universities improved their performance in this year’s QS University Rankings: Asia, with Peking University rising to a record high of sixth. Young Korean institutions KAIST and POSTECH have now moved firmly into the ranking’s top tier, having produced more research papers per faculty member than any other university in the top ten.

“These young universities will continue to grow in prominence as Asian governments invest in the hope of driving technological innovation”, says Sowter. “These rankings suggest the West’s advantage over Asia may be shrinking more quickly than anticipated”.

The full 300 of the QS University Rankings: Asia and the QS Top 50 Under 50 is available on

SOURCE﹛QS Quacquarelli Symonds

Written by asiafreshnews

May 30, 2012 at 3:29 pm

Posted in Uncategorized

Vivante Leads Mobile GPGPU Revolution Becoming First GPU IP Supplier to Pass OpenCL(TM) 1.1 Conformance Test

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Vivante’s multi-core GPU Compute products unleash new application areas combining GPGPU and graphics

SUNNYVALE, Calif., May 29, 2012 /PRNewswire-Asia/ — Vivante Corporation, a world-wide leader in graphics and visualization technologies for handheld and consumer devices, today announced Vivante GC Cores passed the Khronos(TM) Group OpenCL 1.1 Embedded Profile (EP) conformance test suite on Freescale’s (NYSE: FSL) i.MX 6 platform. The GC Cores use the latest programmable ScalarMorphic(TM) architecture to accelerate parallel data workloads on thousands of concurrent threads to achieve Gigaflops (GFLOPS) of computational performance. Applications taking advantage of Vivante cores to significantly speed-up processing includes image processing, computer vision, analytics, augmented reality and gesture-motion tracking.

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OpenCL (Open Computing Language) is an open industry standard API and framework used to program multiple devices including GPUs and CPUs, organized as part of a single computational platform. The API takes advantage of all resources to efficiently process the growing number of incoming data from multiple sources including cameras, sensors, IPUs and other complex data streams that require data or task parallelism. The standard targets a wide range of devices including smartphones, tablets, PCs and CE devices, to embedded applications like automotive ADAS (Advanced Driver Assistance System).

OpenCL uses the Vivante parallel execution SIMD engines to enhance computation density by performing massively parallel data processing on multiple data streams, across several compute engines. Each compute engine has its own ALU, including pipelined floating point (FP) and integer (INT) units for math operations, plus a special function unit (SFU) for transcendental operations. A parallel computation and associated series of operations is called a kernel, and the Vivante GC cores can execute thousands of parallel kernels in real-time.

“We are pleased that Vivante passed OpenCL 1.1 EP using GPU acceleration on Freescale’s i.MX 6 triple-play graphics platform,” said Rajeev Kumar, i.MX product line manager for Freescale Semiconductor. “OpenCL is a key industry resource for driving the next wave of mobile and embedded products. We are actively engaged in several OpenCL projects on i.MX 6, with leading customers and partners productizing this technology. Vivante’s milestone has the potential to spur mass market adoption of OpenCL across our line of i.MX 6 processors.”

“OpenCL is an area that has been tightly coupled with GPU development, so this evolution has been a natural extension of our core competence,” said Wei-Jin Dai, President and CEO of Vivante. “New innovations inside our GPUs that accelerate OpenCL include enhanced multi-level memory access support, synchronization, math functions, ULP precision and atomics. Our advantages in mobile GPU architectures give us the opportunity to bring high performance compute to low power form factors, without sacrificing computational performance or features.”

About Freescale i.MX 6 Processors

Integrating one, two or four ARM(R) Cortex(TM)-A9 cores running at up to 1.2 GHz each, the i.MX 6 series of processors delivers outstanding performance for unbounded user experiences in a range of end-devices. Scalability across single-, dual- and quad-core products is a hallmark of the i.MX 6 series. Common SoC IP building blocks enable series-wide software and development tool compatibility, while integrated power management capabilities, a broad range of integrated I/Os, and pin compatibility within package families reduce overall product complexity and development costs. Please visit http://www.freescale.comimx( ) for more information.

About Vivante Corporation

Vivante Corporation, a leader in multi-core GPU, OpenCL(TM), and 2D Composition IP solutions, provides the highest performance and lowest power characteristics across a range of Khronos(TM) Group( ) API conformant standards based on the ScalarMorphic(TM) architecture. Vivante GPUs are integrated into customer silicon solutions in mass market products including smartphones, tablets, HDTVs, consumer electronics and embedded devices, running thousands of graphics applications across multiple operating systems and software platforms. Vivante is a privately held company incorporated and headquartered in Sunnyvale, California, with multiple R&D centers in China and Europe. For more information, visit

Vivante and the Vivante logo are trademarks of Vivante. OpenCL is trademark of Apple Inc. used under license to the Khronos Group Inc. All other product or service names are the property of their respective owners.

SOURCE﹛Vivante Corporation

Written by asiafreshnews

May 30, 2012 at 3:08 pm

Posted in Uncategorized

Bombay Sapphire Gin Reveals the World’s First Most Imaginative Bartender

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David Wolowidnyk of Canada is crowned the World’s Most Imaginative Bartender with New BOMBAY SAPPHIRE cocktail named Beldi

LONDON, May 29, 2012 /PRNewswire-Asia/ — The winner of the BOMBAY SAPPHIRE(R) World’s Most Imaginative Bartender competition was announced at an event held in Morocco for professional bartenders, hosted by Bombay Sapphire, the world’s number one premium gin by value for a third consecutive year(1).

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The winner, David Wolowidnyk of Canada was selected from thousands of contestants overall and eight finalists from Canada, Global Travel Retail, Japan, Singapore, South Africa, Spain, the United Kingdom and the United States. The bartenders took part in a four-day experience, visiting the Moroccan home of one of the Bombay Sapphire botanicals – coriander – and exploring the world of the historic gin.

The competition itself took place on the last evening of the experience at one of the most beautiful villas in the world, Dar Sabra in Marrakech, Morocco. Each bartender was tasked with creating their most imaginative cocktail – combining their individual influences with the cultural experiences they had experienced throughout the trip.

Bombay Sapphire Global Brand Ambassador Raj Nagra hosted the competition and commented: “By hand-selecting the most creative talent from behind the bar, the Bombay Sapphire World’s Most Imaginative Bartender Competition not only challenges them, but also aims to support them on their journey to becoming the most imaginative bartenders in the world. Just as the unique taste of Bombay Sapphire is inspired by the infusion of its 10 exotic botanicals, we look to inspire bartenders all over the world.”

David was a worthy winner, adding his own unique flair and style to his cocktail, the Beldi. In addition to receiving the “Bombay Sapphire World’s Most Imaginative Bartender” title, David also earned a place in the Bombay Sapphire Cocktail Hall of Fame, partaking in various duties, including attending the 2013 opening of the new Bombay Sapphire distillery at Laverstoke Mill in England and becoming part of the Bombay Sapphire World’s Most Imaginative Bartender judging panel for next year’s competition.

Bombay Sapphire Global Category Director John Burke commented: “Bombay Sapphire is at the heart of imaginative cocktail-making and by launching the Bombay Sapphire World’s Most Imaginative Bartender competition we’re providing a platform to encourage and inspire bartenders from all over the world. Since its creation, Bombay Sapphire has taken an imaginative approach to gin making, driving the re-invigoration of the gin category and continuing to capture the consumer’s imagination through its distinctive and smooth taste resulting from the combination of 10 hand selected exotic botanicals and unique distillation process.”

(1) Data sourced from International Wine and Spirit Research (IWSR), for the 12 months to the end of December 2010

Beldi – David Wolowidnyk Winning Cocktail Recipe


— 45ml Bombay Sapphire infused with Moroccan Saffron and Ginseng
— 20ml Martini Bianco cold steeped with 1 tsp Moroccan Mint Tea and 6-8 fresh mint leaves
— 15ml Cinnamon/Cassia Syrup
— 2 dashes Lem-Marrakech Bitters – exclusively produced beforehand by “Kale & Nori”


— Toasted Moroccan coriander tincture

To garnish

— Lemon zest, with the star from Moroccan flag cut into it


— Combine Bombay Sapphire, Martini Bianco, Cinnamon/Cassia Syrup and Bitters
— Stir with ice in a mixing glass
— Mist the Toasted coriander tincture into the chilled glass
— Strain into a chilled glass, garnish with a lemon zest and mist tincture again over the surface

About Bombay Sapphire

Bombay Sapphire is the world’s fastest growing premium gin and number one premium gin by value. Based on a secret 1761 recipe, Bombay Sapphire gin is created by perfectly balancing a unique combination of 10 hand-selected exotic botanicals from around the world. The natural flavours of the botanicals are captured through a delicate distillation process called Vapour Infusion which results in the tantalising, smooth and complex taste that is Bombay Sapphire.

Enjoy Bombay Sapphire responsibly. Bombay Sapphire, the Bombay Sapphire bottle design and device are trademarks and/or registered trademarks.

Bombay Sapphire – Infused with imagination(TM)

Bombay Sapphire aims to inspire people into expanding their minds, thinking differently to reveal more about themselves and their Imaginations. The team at Bombay Sapphire believes everyone has imagination and therefore aims to give everyone the opportunity to be inspired, and to infuse their imagination with Bombay Sapphire.

Media Contact

Tarita Mullings: +44-(0)207-413-3143 /

SOURCE﹛Bombay Sapphire

Written by asiafreshnews

May 30, 2012 at 1:51 pm

Posted in Uncategorized

IOI Group Announces Senior Management Changes for IOI Loders Croklaan

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AMSTERDAM, KUALA LUMPUR, Malaysia and CHICAGO, May 29, 2012 /PRNewswire-Asia/ — IOI Group, a global leader in the palm oil market, is pleased to announce the following changes within the IOI Loders Croklaan senior management team.


The Managing Board of IOI Loders Croklaan Group has recently appointed Julian Veitch as its Chief Executive Officer and Vincent Geerts as Group Chief Financial Officer. Also, effective July 1, 2012 Michael van Sallandt will assume the position of Chief Operating Officer (COO) for IOI Loders Croklaan Asia and the present COO for IOI Loders Croklaan Asia, U.R. Sahasranamam, will assume the position of Senior Group Director of Special Projects.

Mr. Veitch has been serving in the role of COO, Americas Region since January 2006 and will continue in that role until a successor is named. Mr. Geerts has functioned as the Financial Controller for IOI Loders Croklaan Europe from October 2009 to present. Prior to joining IOI Loders Croklaan Asia, Mr. Sallandt served as COO for IOI Loders Croklaan Europe from August 2006 until September 2009. Both Mr. Sallandt and Mr. Geerts will report directly to Mr. Veitch.

“The Managing Board is confident that these changes within our senior management structure will expand the successes across the entire IOI Loders Croklaan enterprise. With a focus on innovation, operational excellence, and world-class customer service, IOI Loders Croklaan is well positioned to manage the prevailing challenges of today’s market,” commented IOI Group Executive Director Dato’ Lee Yeow Chor.

About IOI Loders Croklaan

IOI Loders Croklaan is a leading global supplier of commodity and specialty oils and fats, offering the food industry an unprecedented combination of lipids knowledge and application expertise to respond to their specific needs through operational excellence, vertical integration and technical leadership. IOI Loders Croklaan has manufacturing facilities in the Netherlands, North America and in Malaysia with a combined production capacity of around 1,600,000MT per year serving customers in 65 countries worldwide.


Written by asiafreshnews

May 30, 2012 at 12:10 pm

Posted in Uncategorized

Hult Social Entrepreneurs Hope to Bring Social Innovations to Malawi

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LONDON, May 29, 2012 /PRNewswire-Asia/ — Driven by a desire to empower local communities in Africa, a team of six young social entrepreneurs at Hult International Business School will embark on a journey to Malawi, in search of sustainable innovations that will help eradicate poverty.

Project Gazelle, which is backed by the Merry Year Foundation, one of the lead partners of the Millennium Villages Project, and Hult, will take on a series of feasibility studies aimed at finding business opportunities in the village of Gumulira in Malawi. The six Hult students hope to develop several revenue-generating solutions to help the inhabitants of Gumulira lift themselves out of poverty and achieve the UN Millennium Development Goals.

Project Gazelle started at Hult International Business School and is the brainchild of Jeong Tae Kim who previously worked with the Appropriate Technology Foundation in South Korea. Jeong Tae first visited Gumulira village in August 2011, alongside Rev. Dongho Kim, Chairman of the Merry Year Foundation. During his visit, he realized that, “a number of local opportunities existed, which had the potential of becoming the basis for sustainable social enterprises.” He added, “Some of these identified opportunities included do-it-yourself sanitary pads and charcoal production from corn waste.”

Motivated by a desire to make a real impact, Jeong Tae Kim approached his classmates, Marianna Mendivil, an anthropologist from Mexico; Paul Haaversen, a communications expert from Costa Rica; Marta Perez Duque, an investment banker from Spain; Dominique Lambert, a charity fundraiser from Germany and May Lew from Australia, to help him kick-start this development project in Malawi.

The hope is that Project Gazelle can empower local communities by actively engaging them in the development process, making them key players rather than passive bystanders. The team leaves for Gumulira in May to find and test their business concepts. If they are successful then Project Gazelle may be replicated in other neighboring Millennium Villages to magnify the scope of their impact.

About Hult International Business School

Hult is the world’s most international business school with campuses in Boston, San Francisco, London, Dubai, and Shanghai. The School offers a range of business-focused programs including MBA, Executive MBA, Master and Undergraduate degrees. Hult’s one-year MBA program is ranked in the top 30 in the world by The Economist and among the top 100 by the Financial Times.

Source: Hult International Business School

Written by asiafreshnews

May 30, 2012 at 10:59 am

Spike in Warranty and Indemnity Insurance Demand Signals

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Private Equity Exits are on the Rise in Asia: Marsh

SINGAPORE, May 28, 2012 /PRNewswire-Asia/ — Increased demand for warranty and indemnity (W&I) insurance from private equity firms heralds a new wave of investment activity as private equity firms look to exit investments made during Asia*s buyout boom of 2007, according to a new report published today by Marsh.

According to Marsh*s report, Dealmakers Turn To Warranty and Indemnity Insurance To Mitigate Deal Risk( ), an increase in demand for W&I insurance has accompanied a resurgence in M&A activity so far in 2012 and sets the scene for even more activity in the second half of the year. Warranty and indemnity insurance (W&I insurance), an insurance product relatively new to Asia, is gaining popularity as the preferred tool to protect the interests on both the sell side and buy side of transactions.

※In the first quarter of 2012 in Asia, Marsh received as many requests for W&I insurance as the whole of 2011,§ said Josh Roach, Asia Leader for Marsh*s Private Equity and M&A Services Practice. ※This growth in demand reflects a more risk-aware approach by investors than during the boom years of 2006 and 2007, as sellers look to minimise their liability upon exit.

※We are seeing two distinct deal trends in Asia. The first is increased deal activity within Southeast Asia, such as Singapore-based investors buying and selling assets in Malaysia and Indonesia. The second is an increase in outbound M&A activity from China and Japan, with companies looking to buy opportunistic assets in Europe.§

During share and asset sales it is common for the seller to provide warranties to the buyer on a broad range of matters about the target, such as title to shares, property, employment, tax, intellectual property and other commercial matters. W&I insurance (also know as &Reps and Warranties* insurance) is an insurance solution which provides recourse against breaches of the warranties and indemnities being given by the seller in the sale and purchase agreement.

About Marsh*s Private Equity and M&A Services

Marsh*s Private Equity and M&A Services is a dedicated team of specialists focused on the risk and insurance issues that influence negotiations and the long-term financial success of a transaction. Established for over 20 years, our global practice of over 130 professionals has advised on over 10,000 transactions around the world. These transactions include mergers & acquisitions, divestments, infrastructure investments, public to private partnerships (PPPs), private finance initiatives (PFIs), privatizations and structured finance transactions.

About Marsh

Marsh( ), a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 26,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies( ) (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 53,000 employees worldwide and annual revenue exceeding $11 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter( ), a global leader in providing risk and reinsurance intermediary services; Mercer( ), a global leader in human resource consulting and related services; and Oliver Wyman( ), a global leader in management consulting. Follow Marsh on Twitter @Marsh_Inc( ).

SOURCE﹛Marsh (Singapore) Pte Ltd

Written by asiafreshnews

May 30, 2012 at 10:38 am

Posted in Uncategorized