Asia Fresh News

Asia Fresh Stories

Archive for November 2012

Nokia and deadmau5 Light Up London With ‘This is Lumia’

leave a comment »

New Nokia Lumia smartphone range launches with a brand new light and music spectacular

LONDON, November 29, 2012/PRNewswire/ —

Nokia last night joined forces with deadmau5 to launch two new Nokia Lumia handsets with a spectacular light and music experience: ThisIsLumia.

(Photo: http://photos.prnewswire.com/prnh/20121128/579688 )

Exactly a year after Nokia created the biggest light show the capital had ever seen – a 4D projection that covered Millbank Tower – the mobile giant transformed an entire London square last night into an immersive audio-visual show starring deadmau5.

Nokia rigged every inch of Flat Iron Square in Southwark, using specially developed software, to come alive in sequence to a deadmau5 set. People arriving in the square saw just a normal London street, and as the music started the technology allowed in to be ‘played’ like a musical instrument.

Adam Johnson, Head of Consumer Marketing (UK & Ireland) at Nokia said: “We wanted to do something as innovative as our products to celebrate the launch of the new Nokia Lumia range. The show took its inspiration from the vibrant colours of the range. The Nokia Lumia 920 has extraordinary low light capabilities and we wanted to create an event that would showcase this fantastic feature and still show that our products stand out from the current sea of faceless black handsets”.

deadmau5 said: “Playing Millbank Tower was an incredible experience, so it’s great to be back in London to team up with Nokia again. The new show was a totally different concept from last year, but equally inspiring and technically challenging.”

The Nokia Lumia 920 is Nokia’s flagship Windows Phone 8 smartphone which includes the latest advances in Nokia’s PureView imaging innovation. Using advanced floating lens technology, the camera in the Nokia Lumia 920 is able to take in five times more light than other smartphones without using flash, making it possible to capture clear, bright pictures and video indoors and at night as it is able to compensate for hand movement while the photo is being taken.

Conor Pierce, VP for Nokia said: “We see the Lumia 920 as one of the most exciting phones we have launched at Nokia, it includes some truly groundbreaking innovations: Wireless charging, a screen that automatically adjusts its colour and brightness, depending on sunlight, a touchscreen that even works when you’re wearing gloves and best of all it’s a beautiful device; like the ‘This is Lumia’ event the 920 looks just awesome.”

For footage from the event, head to facebook.com/nokiauk

Notes For Editors

Nokia

Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia’s technological and design innovations have made its brand one of the most recognised in the world.

For more information, visit http://www.nokia.com/about-nokia

http://www.nokia.co.uk
http://www.nokia.com/press

Written by asiafreshnews

November 30, 2012 at 4:35 pm

Posted in Uncategorized

The World to Witness a Tougher, More Resolute President Obama, Feels GaneshaSpeaks.com

leave a comment »

AHMEDABAD, India, Nov. 29, 2012 /PRNewswire/ — Barack Obama won the US presidential elections on 6th November defeating Mitt Romney in a close contest of popular vote. The electoral college, however, favoured Obama! This outcome had accurately been predicted by GaneshaSpeaks.com in this prnewswire release on 2nd November.

(Logo: http://photos.prnewswire.com/prnh/20121129/579620 )

The big questions now are – Will Obama manage to control the fiscal deficit, freeing USA from clutches of an imminent recession? How will he tackle the Iran-Israel issue? Most importantly, how successful will be his second term? The expert astrologers of GaneshaSpeaks.com employ Vedic Astrology principles to analyse the Oath and Inaugural horoscopes to foresee Obama’s forthcoming tenure.

Moon in the Oath horoscope (20th January) is severely afflicted in Bharani constellation. Whereas, in the Inaugural horoscope (21st January), Moon is exalted and conjuncts retrograde Jupiter in Krittika constellation. This indicates a turbulent time ahead for Obama. He will face grave realities regarding multiple international issues. Plus, USA will be under Mars-Rahu period till April 2013. This is indicative of a surprise crisis that may catch the President off-guard. Under this leadership, USA may even witness a violent expression of terrorism, spurring a public uproar.

During 2013, Obama will have to struggle against budget-related and healthcare issues. The worsening Eurozone crisis shall have a negative impact on the US economy. Also, Obama may face aggravated aggression from Islamic countries and aftershocks of the “Arab Spring”. Troops withdrawal from Afghanistan may be delayed, and relations with Pakistan may sour further.

On a positive note, Jupiter’s influence on the Inaugural horoscope will inspire Obama to find alternative routes to tricky issues, including the Iran-Israel conflict. Despite the differences, the US-India relations may be transformed and set on an upward trajectory. Obama himself is going through a powerful Saturn-Saturn period. He will plant seeds of innovative ideas and policies in 2013, despite severe resistance. The President and Congress will take some bold steps in 2014, which shall put USA on the road to a gradual recovery through 2015. The President may have to agree to some of the reforms as a part of some grand bargain, though.

On the whole, Obama will be more decisive, stronger in approach and determined to resolve key issues defining his legacy.

Contact: Hemang Arunbhai Pandit, pr@ganeshaspeaks.com, +91-796-160-4100

Written by asiafreshnews

November 30, 2012 at 4:15 pm

Posted in Uncategorized

Eurail Group Offering Off-Peak Eurail Pass Promotion

leave a comment »

UTRECHT, The Netherlands, Nov. 29, 2012 /PRNewswire/ —

Select Passes and Global Passes available with a 20% discount

Eurail Group G.I.E., the organization dedicated to the management and administration of the Eurail Pass products, is offering a 20% discount off the regular price of Eurail Global & Eurail Select Passes. The promotional passes must be purchased by December 31, 2012 and are valid for travel through March 31, 2013. The promotion applies to both first and second class Eurail Global and Select passes.

“There is no better time to travel to Europe than in the low season; a traveler finds good value, enjoys fewer crowds and it is in general easier to move around. To now also be able to take advantage of Eurail Group’s 20% discount on two of our most popular Eurail Passes, it seems the perfect time to visit Europe,” says Ana Dias e Seixas, Eurail Group’s Marketing Director.

Eurail Global Pass:

The Eurail Global Pass is the ultimate travel companion and gives the pass holder access to 23 European countries, offering the traveler the flexibility of choosing either consecutive or non-consecutive travel days. Over 82,000 tourists have already traveled this year with the Eurail Global Pass, representing a 15.5% increase over 2011 figures. The national railways of the following countries currently participate in the Eurail Global Pass offer: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland (includes Republic of Ireland and Northern Ireland), Italy, Luxembourg, the Netherlands, Norway, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and Switzerland.

Eurail Select Pass:

With this pass, travelers can select three, four or five adjoining countries of their choice, provided that they are connected by a participating rail or shipping route. With 24 countries to choose from in total, there are over 975 possible combinations, giving customers true freedom and flexibility. This pass is by far the most popular Eurail Pass. More than 152,000 travelers took to the rails with a Select Pass thus far in 2012, representing a 4% increase over the previous year. Its popularity stems from allowing travelers to tailor-make their European rail journey, being able to choose from 5, 6, 8, 10 or 15 travel days within a two month period and the option to select consecutive or non-consecutive travel days.

Eurail Passes are available from a wide network of Authorized General Sales Agents, operating worldwide. Please visit: http://www.culture-europe.com/uk/culture/booknow.asp

For more information:

Eurail Group corporate website and press room: http://www.eurailgroup.org

Written by asiafreshnews

November 30, 2012 at 2:49 pm

Posted in Uncategorized

CenturyLink Names Jeff Von Deylen President of Savvis

leave a comment »

ST. LOUIS, Nov. 29, 2012 /PRNewswire/ — Savvis, a CenturyLink company (NYSE: CTL) and leader in global cloud infrastructure and hosted IT solutions for enterprises, today announced that CenturyLink has appointed Jeff Von Deylen president of Savvis.

(Logo: http://photos.prnewswire.com/prnh/20111122/CG10879LOGO )

Von Deylen, who previously served as senior vice president of global operations and client services at Savvis, assumes the position from Bill Fathers, who has chosen to leave the company after a transition period ending in March 2013. Von Deylen’s appointment is effective today.

“Jeff has been vital to Savvis’ success for nearly a decade, focusing on growth and improvement strategies for our network, colocation, managed hosting and cloud solutions,” said Jim Ousley, chief executive officer of Savvis and president of CenturyLink’s Enterprise Markets Group. “Under Bill’s leadership, Savvis has experienced significant growth, both to its global footprint and product portfolio. This vision has helped shape a strong course for Jeff to take forward.”

Von Deylen joined Savvis in 2003 as chief financial officer and board member. During his six years as CFO, Savvis experienced steady growth as the result of several acquisitions, the raising of significant financing and the expansion of Savvis’ data center and network footprint.

Before joining Savvis, Von Deylen held financial and corporate development positions at companies such as American Electric Power Co., GTS Telecommunications, Qwest Communications International and Arthur Andersen. Von Deylen holds a bachelor’s degree in accountancy from Miami University in Oxford, Ohio.

About Savvis
Savvis, a CenturyLink company, is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 unique clients, including more than 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing.

About CenturyLink
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink™ Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America’s largest corporations.

For more information, visit http://www.savvis.com or http://www.centurylink.com.

SOURCE Savvis

Written by asiafreshnews

November 30, 2012 at 2:00 pm

Posted in Uncategorized

Far East Energy Announces Extension of Facility Agreement

leave a comment »

HOUSTON, Nov. 29, 2012 /PRNewswire/ — Far East Energy Corporation (OTCBB:FEEC) today announced that it has entered into an amendment to its bridge facility agreement with Standard Chartered Bank that, among other things, extends the termination date to December 19, 2012 from November 28, 2012 as it continues to work with its advisors and potential investors to complete the previously announced senior secured notes offering by its subsidiary Far East Energy (Bermuda), Ltd.

Far East Energy (Bermuda), Ltd. and its management, due to applicable rules and regulations, are prohibited from making further detailed statements related to the senior secured notes offering at this time, which, subject to market conditions, will be conducted as a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”).

This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the securities described herein, nor any sale of these securities in any state in which such offer, solicitation or sale be unlawful prior to registration or qualification under the securities laws of such state. The securities to be offered have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the Securities Act and applicable state securities laws.

This press release contains forward-looking statements. Forward-looking statements give Far East Energy Corporation’s current expectations or forecasts of future events based on management’s beliefs and assumptions using currently available information and expectations as of the date hereof, are not guarantees of future performance and involve certain risks and uncertainties, including those contained in Far East Energy Corporation’s filings with the Securities and Exchange Commission. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that our expectations will prove correct. Forward-looking statements in this press release relate to, among other things, the closing of the private placement and the use of proceeds therefrom. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. The forward-looking statements speak only as of the date made and, other than as required by law, Far East Energy Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Far East Energy Corporation

Based in Houston, Texas, with offices in Beijing, and Taiyuan City, China, Far East Energy Corporation is focused on coalbed methane exploration and development in China.

Written by asiafreshnews

November 30, 2012 at 12:01 pm

Posted in Uncategorized

Cartoonito Launches in the Philippines

leave a comment »

Pinoy families all set to enjoy Big Fun for the Little One

MANILA, Philippines, Nov. 29, 2012 /PRNewswire/ — Pinoy youngsters and their families are set to tune into Cartoonito, a colorful new brand from Turner Broadcasting, launching on December 1 on SKYcable.

(Photo: http://www.prnasia.com/sa/2012/11/28/20121128192917275805.html )

For the younger viewers in the household, Cartoonito will feature engaging content aimed at stimulating the imagination of kids aged between 3-6 years. Programming highlights include My Little Pony: Friendship is Magic, Baby Looney Tunes, The Adventures of Chuck and Friends, and Care Bears: Adventures in Care-A-Lot.

Moving into 2013, viewers can look forward to the international phenomenon LazyTown series that promotes healthy, active lifestyles; and the hugely popular Make Way for Noddy. Above all else, Cartoonito is always Big Fun for the Little One.

“Cartoonito has earned the trust of parents across Europe as a safe TV destination for young children and this brand will establish the same reputation amongst parents here in Asia. Our programming line-up will promote positive themes such as friendship, teamwork and creativity to aid learning and development,” said Sunny Saha, Senior Vice President and Managing Director, Entertainment Networks, Turner International Asia Pacific Limited.

Through the website CartoonitoAsia.com, also launching on December 1, parents and their littl’uns will be able to learn more about the channels programming, play games and fun activities. There are also videos to watch, songs to sing along to and competitions to enter. On a dedicated Facebook page, facebook.com/CartoonitoAsia, likeminded guardians, parents and grandparents can easily connect. It is a great place to share tips, advice and activities, especially those associated with play and learning.

Cartoonito will be available on SKYcable on channel 125 as part of its Metropack. The channel is also available a la carte via SKYcable Select. Cartoonito complements Turner’s existing bouquet in the Philippines which includes the number one kids’ channel, Cartoon Network, and the new action-adventure destination, Toonami.

About Cartoonito

Cartoonito is Big Fun for the Little One! In Asia, this younger-skewing brand offers young children — and their families — engaging and trusted content through its dedicated HD-ready television channel and website, CartoonitoAsia.com. Always fun and stimulating, Cartoonito features an array of hit series such as LazyTown, Make Way for Noddy and My Little Pony: Friendship is Magic, which complement a line-up of colorful creations for every imaginative young boy and girl.

Cartoonito is operated and distributed in Asia Pacific by Turner Broadcasting System Asia Pacific, Inc., a Time Warner Company.

Media contact

Mia Bacarro Turner International Asia Pacific Limited Tel: (852) 3128-3898 Email: Mia.Bacarro@turner.com

SOURCE  Turner International Asia Pacific Limited

Written by asiafreshnews

November 30, 2012 at 10:48 am

Posted in Entertainment

Ageas Wins Top Honours in Benchmark 2012 Wealth Management Awards

leave a comment »

HONG KONG, Nov. 29, 2012 /PRNewswire/ — The dedication to excellent service and innovative technology of Ageas Insurance Company (Asia) Limited (Ageas) has received further recognition in the form of three Benchmark 2012 Wealth Management Awards. These coveted financial-sector honours are organised by WealthAsia under the Benchmark magazine brand.
Ageas Hong Kong has received three Benchmark Awards, in recognition of its outstanding track record in insurance industry.
Ageas Hong Kong has received three Benchmark Awards, in recognition of its outstanding track record in insurance industry.

Ageas has gained a high reputation and strong position in the market through its dedication to delivering world-class insurance and financial services to its customers. The 2012 Benchmark Wealth Management Awards were received for:

Career Achievement Award (Insurance) — Mr. Stuart Fraser, CEO of Ageas Hong Kong;
Best-in-Class in Training and Development (Insurance); and
Outstanding Achiever in Social Media Engagement (Insurance) of the Year.

The Awards organisers noted that Mr. Fraser’s 35 years experience in the financial services sector in both Europe and Asia have been instrumental in building Ageas into an outstanding brand. His leadership and management skills have enabled Ageas Hong Kong to bring together a team of 2,700 professional consultants and to become one of Hong Kong’s top five in the combined agency/ IFA segment in terms of newly generated life insurance business in 2011, as well as a leading IFA (Independent Financial Advisor) distributor.

“The need to meet evolving challenges in the marketplace constantly drives Ageas to satisfy its customer needs by providing them with comprehensive products and excellent service,” Mr. Fraser commented.

Aiming for academic excellence

Professionalism is the key to success. The Ageas management team aims to outperform its competitors by developing the Ageas Academy into Hong Kong’s best and most comprehensive internal training centre for staff and agents. Its ongoing commitment to manpower training and development has also earned it several other awards in recent years, including:

the ERB Manpower Developer Award Scheme’s “Manpower Developer 1st”; and
the Hong Kong Management Association’s “Distinguished Trainer Award”.

“Being honoured with the Benchmark Training and Development Award will inspire us to continue delivering quality training programmes to our financial consultants,” Mr. Fraser added.

Innovative interactions with the public

“Ageas is actively expanding its business and the reach of its marketing and promotional activities by leveraging the fresh opportunities being provided by advances in IT,” Mr. Fraser explained.

Ageas has scored several “firsts”, in terms of integrating social media platforms with its advertising campaigns:

the first in Hong Kong to employ cutting-edge QR technology to allow customers to call celebrities and hear smart financial tips;
the first insurance company to use U-tie technology to integrate advertising with mobile app technology; and
the first insurance company to develop an iPad Financial Needs Analysis tool.

Furthermore, Ageas has built its Facebook fanpage and YouTube channel to increase brand awareness.

Benchmark has presented the three 2012 Wealth Management Awards to Ageas in recognition of its outstanding track record in these areas.

Ageas Hong Kong has received three Benchmark Awards, in recognition of its outstanding track record in insurance industry.

About Ageas Insurance Company (Asia) Limited

Ageas Insurance Company (Asia) Limited (“Ageas”) is one of Hong Kong’s largest life insurance companies. We are a wholly-owned subsidiary of Ageas Group.

Leveraging on our global capabilities and local expertise, Ageas offers both individual and institutional customers a broad range of financial protection products and wealth management services to match their exact needs. In addition, we provide comprehensive general insurance services in partnership with China Taiping Insurance (HK) Company Limited, Asia Insurance Company Limited and MSIG Insurance (Hong Kong) Limited.

New partnerships were established with BCT and Principal Trust Company (Asia) Limited, respectively, to offer comprehensive Mandatory Provident Fund (MPF) solutions to businesses, individuals and institutional clients.

Written by asiafreshnews

November 29, 2012 at 5:06 pm

Posted in Uncategorized

UBM Asia Appoints Joji George as Managing Director of UBM India

leave a comment »

HONG KONG, Nov. 28, 2012 /PRNewswire/ — UBM Asia Ltd announces today that it has appointed Joji George as Managing Director of its subsidiary, UBM India with effect from 3 December, 2012. Joji will take over from Sanjeev Khaira, who has been in the post for three years, after working for one year as Managing Director of Publishing and On-line business, UBM India.

In his new position, Joji will continue to grow UBM India’s exhibition, conference, publishing and on-line business. Having been established in India for just six years, UBM India is now the leading exhibition organiser in the country.

Joji was with Percept Sports and Entertainment as CEO, spearheading some of the largest events in the country. Prior to this, he was with the Global Brand Forum, Astro, MTV and Yahoo in South East Asia at senior management positions specifically in the key areas of new business development, brand management, marketing and promotions. Joji will report to Michael Duck, Executive Vice President of UBM Asia based in the regional office in Hong Kong.

Sanjeev Khaira is transferring within UBM to take up the new post of Managing Director – Market Development, EMEA with UBM Live, based in the London head office.

In announcing the appointment, Jime Essink, President and Chief Executive Officer of UBM Asia said:

“I am delighted that Joji is joining us in India. He brings with him excellent credentials and experience in our sector and new ideas from the large and varied events he has been running throughout India. Also I am very pleased that Sanjeev remains within the organisation and I am sure we will continue to see a lot of him in our business. India is one of our most important markets and I am pleased that we have been able to develop the business well in India with Sanjeev at the helm.”

Michael Duck, Executive Vice President of UBM Asia said:

“I am looking forward to working closely with Joji as we continue to grow our own exhibitions and conferences organically, geo-adapt those from within the UBM portfolio of brands, increase presence on-line, as well as influencing the Indian exhibition industry in terms of professionalisation, venue development and sustainability.”

Notes to Editors

1. About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 19 market sectors with headquarters in Hong Kong and subsidiary companies across Asia, including UBM China in Shanghai, Hangzhou, Guangzhou and Beijing. We have over 240 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia’s leading exhibition organiser and the biggest commercial organiser in China, India and Malaysia, we stage the leading events of their kind across the region. Our 200 events, 24 publications and 16 vertical portals serve over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant market news and industry trends, and round-the-clock online trading networks and sourcing platforms. We have over 1,100 staff in 21 major cities across Asia, stretching from Japan to Turkey.

2. About UBM plc (www.ubm.com)
UBM plc is a leading global business media company. We inform markets and bring the world’s buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. Our 6,500 staff in more than 30 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM news.

For press enquiries, please contact:

Jennifer Law, Director of Corporate Marketing & Communications, UBM Asia
Tel: +852-2516-1691
Fax: +852-3749-7342
Email: Jennifer.Law@ubm.com

Elsie Hui, Corporate Marketing & Communications Executive, UBM Asia
Tel: +852-2516-1679
Fax: +852-3749-7342
Email: Elsie.Hui@ubm.com

Written by asiafreshnews

November 29, 2012 at 4:36 pm

Posted in Uncategorized

UBM Asia Appoints Joji George as Managing Director of UBM India

leave a comment »

HONG KONG, Nov. 28, 2012 /PRNewswire/ — UBM Asia Ltd announces today that it has appointed Joji George as Managing Director of its subsidiary, UBM India with effect from 3 December, 2012. Joji will take over from Sanjeev Khaira, who has been in the post for three years, after working for one year as Managing Director of Publishing and On-line business, UBM India.

In his new position, Joji will continue to grow UBM India’s exhibition, conference, publishing and on-line business. Having been established in India for just six years, UBM India is now the leading exhibition organiser in the country.

Joji was with Percept Sports and Entertainment as CEO, spearheading some of the largest events in the country. Prior to this, he was with the Global Brand Forum, Astro, MTV and Yahoo in South East Asia at senior management positions specifically in the key areas of new business development, brand management, marketing and promotions. Joji will report to Michael Duck, Executive Vice President of UBM Asia based in the regional office in Hong Kong.

Sanjeev Khaira is transferring within UBM to take up the new post of Managing Director – Market Development, EMEA with UBM Live, based in the London head office.

In announcing the appointment, Jime Essink, President and Chief Executive Officer of UBM Asia said:

“I am delighted that Joji is joining us in India. He brings with him excellent credentials and experience in our sector and new ideas from the large and varied events he has been running throughout India. Also I am very pleased that Sanjeev remains within the organisation and I am sure we will continue to see a lot of him in our business. India is one of our most important markets and I am pleased that we have been able to develop the business well in India with Sanjeev at the helm.”

Michael Duck, Executive Vice President of UBM Asia said:

“I am looking forward to working closely with Joji as we continue to grow our own exhibitions and conferences organically, geo-adapt those from within the UBM portfolio of brands, increase presence on-line, as well as influencing the Indian exhibition industry in terms of professionalisation, venue development and sustainability.”

Notes to Editors

1. About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 19 market sectors with headquarters in Hong Kong and subsidiary companies across Asia, including UBM China in Shanghai, Hangzhou, Guangzhou and Beijing. We have over 240 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia’s leading exhibition organiser and the biggest commercial organiser in China, India and Malaysia, we stage the leading events of their kind across the region. Our 200 events, 24 publications and 16 vertical portals serve over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant market news and industry trends, and round-the-clock online trading networks and sourcing platforms. We have over 1,100 staff in 21 major cities across Asia, stretching from Japan to Turkey.

2. About UBM plc (www.ubm.com)
UBM plc is a leading global business media company. We inform markets and bring the world’s buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. Our 6,500 staff in more than 30 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM news.

For press enquiries, please contact:

Jennifer Law, Director of Corporate Marketing & Communications, UBM Asia
Tel: +852-2516-1691
Fax: +852-3749-7342
Email: Jennifer.Law@ubm.com

Elsie Hui, Corporate Marketing & Communications Executive, UBM Asia
Tel: +852-2516-1679
Fax: +852-3749-7342
Email: Elsie.Hui@ubm.com

Written by asiafreshnews

November 29, 2012 at 4:25 pm

Posted in Uncategorized

Sub-Saharan Africa is yet to Harness Cogeneration’s Potential as a Green Power-generating Mechanism, Says Frost & SullivanX

leave a comment »

]Government support, clear policies and common protocols critical to accelerating market development
CAPE TOWN, South Africa, Nov. 28, 2012 /PRNewswire/ — The emerging cogeneration market is proving to be an asset in Africa where access to power is limited. However, its worth as an electricity production mechanism for export to the national grid is still undervalued and underutilised, mainly due to a lack of understanding, funding and support from Government and financial institutions.
New analysis from Frost & Sullivan (http://www.energy.frost.com), The Emerging Cogeneration Market in Sub-Saharan Africa, finds that there is potential to produce between 1% and 20% of a country’s total electricity demand per annum through cogeneration. The research covers South Africa, Tanzania, Mauritius, Uganda and the Ivory Coast.
Drivers for the cogeneration market include energy shortages, environmental concerns, waste usage and government incentives and rebates. Restraints are often linked to the lack of infrastructure, implementation costs and the absence of Government support.
“Growth in Sub-Saharan Africa cogeneration is driven primarily by energy shortages,” noted Frost & Sullivan’s Energy & Power Systems Industry Analyst Megan Van Den Berg. “Companies need to produce their own power to meet electricity demands and most have by-products from processes performed that can be used as fuel or heat.”
Companies in Africa incorporate cogeneration facilities to meet or supplement their electricity and power demands, as there is usually insufficient power available from the local utilities. The cogeneration market, overall, is expected to increase in Sub-Saharan Africa over the next 10 years, especially amongst industries that are looking to expand into this region.
However, low electricity tariffs have served as a disincentive to investment into increasing a cogeneration plant’s efficiency to produce excess power for the national grids in Sub-Saharan African countries.
“The lower priority given to cogenerated power production, when compared to other renewables, and limited Government understanding and support, have resulted in a lack of policies that would provide security of investment and tariffs to justify implementation costs,” added Van Den Berg.
Cogeneration can provide additional and valuable revenue streams to agro-based and wood-based industries, while assisting in meeting the growing power supply gap faced by many African countries.
“Government support and a clearly defined policy on using by-products, such as bagasse, as a substitute to fossil fuel are required,” advised Van Den Berg. “Common protocols and standards regarding cogeneration, together with clear policies offering clarity on investment security, can steer cogeneration towards becoming a substantial long-term green power-generating mechanism.”
If you are interested in more information on this study, please send an e-mail with your contact details to Samantha James, Corporate Communications, at samantha.james@frost.com.
The Emerging Cogeneration Market in Sub-Saharan Africa is part of the Energy & Power Growth Partnership Service programme, which also includes research in the following markets: Grid Integration Challenges of Renewable Energy in South Africa, Global Diesel Generator Set Market, Global Gas Genset Market and Investment Opportunities for Independent Power Producers in West Africa. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

    • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
    • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on “the next big thing”
Register:         Gain access to visionary innovation
The Emerging Cogeneration Market in Sub-Saharan Africa
M7A7-14
Contact:
Samantha James
Corporate Communications – Africa
P: +27 21 680 3574
F: +27 21 680 3296
samantha.james@frost.com
http://www.frost.com

Written by asiafreshnews

November 29, 2012 at 2:36 pm

Posted in Uncategorized