Asia Fresh News

Asia Fresh Stories

Archive for November 16th, 2012

GuideMeSingapore Releases Guide for Setting Up a Trust Services Business in Singapore

leave a comment »

SINGAPORE, Nov. 15, 2012 /PRNewswire/ — Leading Singapore business information portal GuideMeSingapore.com has published a comprehensive guide on setting up a trust services business in Singapore.

The guide outlines the regulatory requirements that need to be considered when setting up such a business. The most important of these is the Trust Companies Act, the relevant industry legislation which is administered by the Monetary Authority of Singapore (MAS). The guide discusses the scope of the Act, as well as its various mandated compliance and reporting requirements.

It also describes the prerequisites, application procedures, and exemptions for a Trust Business License. After the initial step of registering a company in Singapore, the firm must be licensed unless it is of a type that is specified in the second schedule of the Trust Companies Act or is otherwise exempt from the licensing requirement.

“We decided to add this topic to our large collection of online industry guides because of its relevance to the current business environment in the country,” said Ms. Jacqueline Low, Chief Operating Officer of Janus Corporate Solutions, a leading Singapore incorporation, tax, and immigration services firm and the parent company of GuideMeSingapore.com.

“Well-to-do families from the US, Europe, and other Asian countries are increasingly considering Singapore for the management of their money and assets because of its stable political climate, efficient legal environment, world-class banking infrastructure, and asset-friendly policies,” she explained. “Trusts have traditionally played a key role in wealth and succession planning, as they are designed to protect assets in uncertain times, offer tax efficiency, and ensure that family wealth is passed on to the appropriate people at the right time.”

“Singapore has already gained the distinction of having the highest density of millionaires in the world, as well as the home of the world’s richest expatriate population,” continued Ms. Low. “With demand for these services growing, and a projected influx of more HNWIs, Singapore is set to become a lucrative market for trust businesses.”

About Janus Corporate Solutions Pte Ltd

Janus Corporate Solutions Pte Ltd is a leading Singapore-based firm that provides comprehensive and cost-effective Singapore company registration, immigration visa, accounting and tax filing services to businesses and entrepreneurs worldwide. For more information, visit http://www.guidemesingapore.com

CONTACTS:

Jacqueline Low
+65-6222-7445
media@guidemesingapore.com

SOURCE Janus Corporate Solutions Pte Ltd

Written by asiafreshnews

November 16, 2012 at 3:50 pm

Posted in Uncategorized

GM and ABB Demonstrate Chevrolet Volt Battery Reuse — World’s First Use of Electric Vehicle Batteries for Homes

leave a comment »

SAN FRANCISCO, Nov. 15, 2012 /PRNewswire/ —

Partnership with ABB results in prototype back-up power storage unit
Energy storage project readies for testing on the power grid
General Motors and ABB today showed the next stage in battery reuse, the repackaging of five used Chevrolet Volt batteries into a modular unit capable of providing two hours of electricity needed by three to five average American homes.

The uninterruptable power supply and grid power balancing system was demonstrated during GM’s Electrification Experience. The prototype unit provided 25 kW of power and 50 kWh of energy to power all the support lighting and audiovisual equipment in an “off-grid” structure used for the event.

“GM’s battery development extends throughout the entire life of the battery, including secondary use,” said Pablo Valencia, GM senior manager of battery lifecycle management. “In many cases, when an EV battery has reached the end of its life in an automotive application, only 30 percent or less of its life has been used. This leaves a tremendous amount of life that can be applied to other applications like powering a structure before the battery is recycled.”

GM and ABB last year demonstrated how a Chevrolet Volt battery pack could be used to collect energy and feed it back to the grid and deliver supplemental power to homes or businesses.

During today’s demonstration, the energy storage system was run in a “remote power back-up” mode where 100 percent of the power for the facility came from Volt batteries through ABB’s Energy Storage Inverter system. A similar application could one day be used to power a group of homes or small commercial buildings during a power outage, allow for storage of power during inexpensive periods for use during expensive peak demand, or help make up for gaps in solar, wind or other renewable power generation.

These functions, along with frequency regulation on electric distribution systems, could someday be used by utilities to reduce cost to customers and improve the quality of power delivery. These applications are referred to as community energy storage to distinguish them from substation-size energy storage projects.

“We showed today how fast this research concept is turning into reality,” said Allen Burchett, ABB’s senior vice president for Business Development in North America. “The ABB-GM Volt battery system is the world’s first use of car batteries as possible back-up power for homes and other commercial uses. We will be installing it on the grid soon to complete the technical evaluation, and this will tell us all what smart grid applications are possible, like back-up power, reducing energy cost, strengthening utilities’ distribution systems and storing surplus renewable energy.”

ABB’s research center in Raleigh, N.C., conducted the research and development, and ABB’s Medium Voltage business unit in Lake Mary, Fla., is managing the proof-of-concept testing, market research and product development. As the world’s largest EV fast-charging company and leader in smart grid and energy storage, ABB works with other auto companies, battery manufacturers and utilities to help make electric power and industrial operations more productive and efficient.

GM is focused on assuring battery systems used in future Chevrolet, Buick, GMC and Cadillac vehicles provide environmental and societal benefits beyond their use in the vehicle. Long before a battery is recycled, secondary use provides the opportunity to fully utilize the battery resource.

GM is dedicated to waste reduction throughout its operations, and its worldwide manufacturing facilities combined recycle 90 percent of the waste they generate. Ensuring that batteries are part of reducing the environmental impact of its vehicles and operations is part of the company’s roadmap to sustainability.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

CONTACT:
Kevin M. Kelly
GM Battery and Hybrid Technology Communications
kevin.m.kelly@GM.com
+31-3316-9742

For more information on ABB’s ideas for electrical vehicle infrastructure, multimedia material or to speak to ABB experts please click here.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.

ABB Group Media Relations:
Thomas Schmidt; Antonio Ligi
(Zurich, Schweiz)
+41-43-317-6568
media.relations@ch.abb.com
http://twitter.com/ABBcomms

SOURCE ABB

Written by asiafreshnews

November 16, 2012 at 3:36 pm

Posted in Uncategorized

Telefonica and Microsoft to Deploy New Global Video Platform

leave a comment »

Telefonica’s new global convergent video platform, based on the Microsoft Mediaroom product suite, will power its pay TV and OTT services across its Operating Businesses, with first deployments in Brazil, Chile and Spain.
MADRID and REDMOND, Wash. /PRNewswire/ — Telefonica Digital and Microsoft Corp. today announced a multiyear strategic agreement to create a new Global Video Platform (GVP) for all video entertainment services across Telefonica’s Operating Businesses. Based on key Microsoft technologies including the Microsoft Mediaroom platform, the GVP is unique in delivering TV services over both managed (IPTV) and nonmanaged (“over the top”) networks, at global scale, to a range of consumer devices. The first GVP deployments are taking place in Brazil, Chile and Spain, and Telefonica anticipates extending the deployment of TV services based on the GVP to a number of its other Operating Businesses over the next few years.
(Logo: http://photos.prnewswire.com/prnh/20000822/MSFTLOGO)
“Video is a fast-growing market, and we already play a leading role in delivering Pay TV services to customers in Europe and Latin America. This new platform allows us to reflect the deep and rapid changes happening in this market. It offers the ease and convenience of a global, convergent platform while maintaining flexibility over content for our local businesses. Most important, it allows us to meet customer demands for access to video content on an ever- expanding range of devices,” said Vivek Dev, director of Digital Services, Telefonica Digital.
The GVP, and its use of Mediaroom, will enable Telefonica to deliver to consumers high-performance, differentiated and feature-rich TV services over both its managed high-speed broadband networks as well as “over-the-top” nonmanaged broadband networks. It provides a range of advanced features to TV subscribers, including time-shifting and multiscreen among others, enabling Telefonica to take advantage of its multidevice capabilities.
“Telefonica is a close partner to Microsoft, and the Global Video Platform, based on the Microsoft Mediaroom platform, will enable them to grow their business and reach new audiences,” said Tom Gibbons, corporate vice president, Operator TV Business, Microsoft. “This new agreement focused on Telefonica’s GVP further extends our alliance in the world of TV and video entertainment to a range of screens throughout the home and on the go, and the benefits will be enjoyed by many millions of people globally. Through its use of IP-based broadband networks and the Microsoft Mediaroom platform, Telefonica’s next-generation TV services are poised to delight and entertain millions of consumers across their markets in Europe and Latin America.”
These services can be enjoyed by consumers on a range of devices inside and outside the home, including set-top boxes, Xbox 360, tablets and smartphones. Because the Mediaroom platform includes key technologies such as Microsoft PlayReady, Internet Information Services Smooth Streaming and Microsoft Silverlight, the delivery of TV services across these various networks and to multiple screen types can all be done via one common technology infrastructure. This is expected to result in significant efficiencies for Telefonica in time to market, cost of delivery and overall scale.
Earlier this month, Telefonica launched its premium Internet Protocol television (IPTV) service in Brazil, which follows a similar launch in Chile in October. Both services, Vivo TV Fibra in Brazil and Movistar IPTV in Chile, are the first IPTV deployments that take advantage of the new GVP platform and its capabilities, offering an exceptional user experience for their Fiber to the Home customers. In November 2011, Telefonica and Microsoft launched the first service enabled by the GVP: Movistar Imagenio on Xbox 360. It provides subscribers with 12 linear channels focused on sports, including the Spanish First Soccer League (Liga BBVA) under Canal+ Liga Channel.
During the past 14 months, the Microsoft Mediaroom platform has continued to scale its deployments and services, surpassing 11 million consumer households and 22 million set-top boxes across the Americas, EMEA and APAC, further securing its position as the world’s most deployed IPTV platform.*
About Telefonica
Telefonica one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. From this outstanding position in the industry, and with its mobile, fixed and broadband businesses as the key drivers of its growth, Telefonica has focused its strategy on becoming a leading company in the digital world.
The company has a significant presence in 25 countries and a customer base that amounts close to 314 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.
Telefonica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4.551.024.586 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, New York, Lima, and Buenos Aires.
About Telefonica Digital
Telefonica Digital is a global business division of Telefonica. Its mission is to seize the opportunities within the digital world and deliver new growth for Telefonica through research & development, venture capital, global partnerships and digital services such as cloud computing, mobile advertising, M2M and eHealth. It is also driving innovation in over the top communications under a new umbrella brand called TU and in Big Data through Telefonica Dynamic Insights.
Telefonica Digital will deliver these new products and services to Telefonica’s 314 million customers as well as entering new markets. It is headquartered in London with regional centres in Silicon Valley, Sao Paulo, Spain and Tel Aviv. Jajah, TokBox, Terra, Media Networks Latin America, 48 and giffgaff are all managed under the Telefonica Digital umbrella.
To sign up for news alerts and read commentary on Telefonica Digital, visit http://www.telefonica.com/digitalhub and track them on Twitter @tefdigital.
About Microsoft Mediaroom
The award-winning Microsoft Mediaroom Internet Protocol Television (IPTV) and multimedia software platform is the most widely deployed IPTV platform in the world. Mediaroom is driving the future of television by enabling broadband service providers to deliver new connected TV and entertainment experiences to consumers worldwide. It provides new ways for consumers to experience TV as part of their connected, digital lifestyle, while also creating new business opportunities for broadband service providers, hardware manufacturers, content creators, advertisers and application developers. Over 40 of the world’s leading service providers across four continents have selected the Mediaroom platform to drive their digital TV services. More information on Mediaroom and the opportunity to deliver the best in TV plus all your media in one place is available at http://www.microsoft.com/mediaroom.
About Microsoft
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
* This is an increase from previously reported 8 million consumer households and 16 million set-top boxes.
Source: Microsoft Corp.

Written by asiafreshnews

November 16, 2012 at 3:32 pm

Posted in Uncategorized

Tagged with

Memorandum of Agreement: Training State Regulators to Advance the Quality of Orthopaedic Care for China

leave a comment »

BEIJING /PRNewswire/ — Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal health, today signed a Memorandum of Agreement with the Beijing Drug Administration (BJDA) to jointly hold training sessions at Montagne, Zimmer’s wholly-owned Chinese subsidiary. The trainings will be dedicated to the mutual sharing of knowledge and expertise in research, development, quality and regulation related to musculoskeletal health. The partnership aims to allow BJDA to gain industry knowledge and to understand Zimmer and its products through dialogues and trainings undertaken by its State Inspectors. The goal of the agreement also includes strengthening production and inspection expertise at Chinese medical device companies to ensure the delivery of safe and quality orthopaedic medical devices.
Under the terms of the Agreement, which is a first with the Chinese government for Zimmer, BJDA will provide the Company with professional training regarding Chinese laws and regulations related to the manufacture and sale of medical devices. Zimmer, in turn, will share proven experience in areas including research, development, inspection, clinical use and quality systems management. The Company is recognized internationally for the quality of its professional education training provided to surgeons through the Zimmer Institute.
“This collaboration with the Beijing Drug Administration marks a new milestone for Zimmer in China. Worldwide, Zimmer is a recognized leader in the development of products, services and professional training that helps patients overcome pain and regain mobility,” said David Dvorak, President and CEO of Zimmer. “Cooperating with BJDA, we are strengthening our commitment to the Chinese market. The knowledge and expertise Zimmer’s employees and the State Regulators will share with one another will help to elevate orthopaedic medicine in China.”
“Beijing Drug Administration is pleased that Zimmer is cooperating with us in this initiative,” said Ms. Lu Aili, Deputy Director General of Beijing Drug Administration.
“The trainings provide a platform by which both sides will be able to gain from each other’s strengths related to medical devices, especially in the area of orthopaedic reconstructive. Overall, BJDA is committed to working with all our partners and industry stakeholders to achieve the goals set forth in the 12th Five-Year Plan of upgrading the healthcare industry and ensuring citizens’ health and quality of life.”
China is among the fast-growing emerging markets for medical devices, with high unmet needs in the treatment of musculoskeletal diseases, including arthritis. Primarily associated with the elderly, arthritis is on the rise as China’s population ages. According to recently released statistics by the China National Committee on Aging, the number of Chinese senior citizens is expected to increase from the current 185 million to 487 million, or 35 percent of the population, by 2053.
This joint effort by Zimmer and the BJDA to hold training sessions lays the groundwork for additional opportunities to share knowledge in the near future. This collaboration will further enhance the safety and effectiveness of medical devices, provide musculoskeletal health solutions and improve the quality of life for patients in China.
About the Company

Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products. Zimmer has operations in more than 25 countries around the world and sells products in more than 100 countries. Zimmer’s 2011 sales were approximately $4.5 billion. The Company is supported by the efforts of more than 9,000 employees worldwide.
For more information, please visit our website at http://www.zimmer.com.
Source: Zimmer Holdings, Inc.

Written by asiafreshnews

November 16, 2012 at 3:18 pm

Posted in Uncategorized

Tagged with

Kepner-Tregoe Introduces New Approach to Build Competitive Business Advantage: The Thinking Organization

leave a comment »

54-year old firm refreshes organizational vision; launches new global website
PRINCETON, N.J. /PRNewswire/ — Can your organization think for itself? That’s what Kepner-Tregoe helps companies figure out and improve.
(Logo: http://photos.prnewswire.com/prnh/20121114/MM13944LOGO)
The global capability development and consulting company, based in Princeton, New Jersey, specializes in clear thinking solutions that enable organizations to run more efficiently, drive productivity and improve bottom-line results. Today, Kepner-Tregoe announced a new approach and vision to create a more sustainable competitive advantage — Building a Thinking Organization powered by KT Clear Thinking — and a relaunch of the company’s global website located at http://www.kepner-tregoe.com.
The proprietary KT Clear Thinking approach allows companies to resolve issues more effectively and efficiently by teaching employees at all levels of a company to follow the same thinking and problem resolution processes.
Simply put, KT Clear Thinking gives companies the ability to identify and resolve the critical issues that materially affect their business performance. KT Clear Thinking enables organizations to take complex situations and break them down into manageable tasks that can be assessed and improved. Thinking Organizations are smarter and more adept under pressure when consistent critical thinking approaches have been implemented across the organization to deal with constant change.
However, in a recent survey of approximately 100 companies worldwide, a majority of respondents indicated that their organizations had significant work to do when it came to formalizing and defining ownership of issue resolution strategies. More than 57 percent of respondents said that they “infrequently” or “never” utilize a formal process to address significant business issues, while 52 percent surveyed said that ownership for resolving these issues inside their organization was “not clearly defined or accepted.”
“Today’s leaders are expected to address the most complex business issues in the most efficient way possible. Implementing KT’s solutions in an organization helps a company and its people work together toward resolving the most critical issues that create the most value for the company,” said Ray Baxter, chief executive officer at Kepner-Tregoe. “The repositioning of our approach to KT Clear Thinking and the redesign of our website creates a more customer-centric conversation that clearly demonstrates Kepner-Tregoe’s value to organizations that have a desire to improve results.”
Baxter added: “Fundamentally changing the way an organization thinks requires a strategic view and strong commitment from senior leadership. Only then will a company be able to realize a meaningful difference in how their organization performs.”
Andy Fuge, operations manager at Griffin Foods, added, “KT empowered us with the skill and practical experience to sustain improvements and effectively implement step change projects ourselves. We now have a highly performing continuous improvement team.”
To accompany the KT Clear Thinking approach, Kepner-Tregoe’s new website complements and highlights the new positioning and allows existing and potential KT clients to identify their business needs in specific organizational functions including operations, customer support, IT, the project office, human resources and more. The site also provides the ability to quickly and easily find and understand each KT solution and the value it delivers.
Kepner-Tregoe processes are based on the work of Dr. Charles Kepner and Dr. Benjamin Tregoe, two researchers who conducted a study on breakdowns in decision making at the Strategic Air Command. They found that successful decision making by Air Force officers had less to do with seniority or career path and more with the process of gathering, organizing and analyzing information before taking action. They founded Kepner-Tregoe with the basic thesis that organizations can be taught to think critically.
“Our new vision and website demonstrates Kepner-Tregoe’s commitment to maintain leadership in the organizational improvement and critical thinking disciplines,” said Baxter. “We will continue to dedicate ourselves to bringing our customers only the best solutions that address their most pressing issues, and we look forward to many more decades of partnering with the best and brightest in businesses worldwide.”
About Kepner-Tregoe, Inc.
Kepner-Tregoe (KT) provides capability development and consulting solutions across the world to help build Thinking Organizations that resolve the most pressing issues with clarity and confidence. Founded in 1958 and based on ground-breaking research on how people think, solve problems and make decisions, Princeton-based Kepner-Tregoe is dedicated to helping organizations achieve Operational Excellence by improving quality, increasing efficiency and reducing costs. KT Clear Thinking is used at every level of client organizations: to implement strategy; achieve step-change improvements in operations; increase customer satisfaction in support organizations; and drive superior issue resolution throughout the organization. KT provides Clear Thinking for a complex world.
For additional information, visit the company’s website at http://www.kepner-tregoe.com or their social media platforms on LinkedIn, Twitter, Facebook and YouTube.
Contact:
Brad Russell or Sara Aschenbrenner
Pierpont Communications for Kepner-Tregoe
+1-713-627-2223
brussell@piercom.com, saschenbrenner@piercom.com
Source: Kepner-Tregoe, Inc.

Written by asiafreshnews

November 16, 2012 at 2:56 pm

Posted in Uncategorized

Tagged with

New Fluke 190 Series II ScopeMeter(R) Test Tool is first handheld oscilloscope to achieve 500 MHz at 5 Giga-samples-per-second sample rate

leave a comment »

EVERETT, Wash./PRNewswire/ — Fluke Corp. introduces the Fluke® 190 Series II 500 MHz ScopeMeter® Test Tool, the first to achieve a 500 MHz at 5 GS/s real time sample rate in a handheld, sealed, rugged oscilloscope, without compromising on safety rating, ruggedness or battery operating time. Now professional electronic troubleshooters have a high-performance scope with the bandwidth and resolution to capture virtually any signal while in the field.
(Photo: http://photos.prnewswire.com/prnh/20121115/SF13864 )
(Logo: http://photos.prnewswire.com/prnh/20120130/SF43337LOGO-b )
The two-channel 190-502 model is the latest in the 190 Series II with bandwidth from 60, 100, 200, — and now 500 — MHz.
High-tech electronics in today’s medical, communications, navigation and military devices routinely operate at high speeds requiring higher bandwidth. Correct display of waveforms with high frequency content such as clock pulses requires a bandwidth of at least five times the clock rate of the system under test. The 5 GS/s — or 200 pico seconds — sample rate of the Fluke 190-502 provides greater accuracy and clarity of shape and amplitude of unknown waveform phenomena like transients, induced noise and ringing or reflections.
The rugged 190 Series II ScopeMeter® test tools include innovative functions like ScopeRecord™, TrendPlot™, advanced triggering and automatic measurements functions you would expect to find in high performance scopes. The 190 Series II safety rating according to IEC 61010 standard is 1000 V CAT III/ 600 V CAT IV making it possible to safely measure from mV to 1000 V.
Product Availability
The Fluke 190-502 ScopeMeter® test tool is available now. For more information, visit: http://sg.fluke.com/SCM190III.
For information on Fluke tools and applications, or to find the location of your nearest distributor, please contact Fluke South East Asia Pte Ltd, 60 Alexandra Terrace #03-16 The Comtech (Lobby D) Singapore 118502, call (65) 6779 5575, fax (65) 6799 5577, e-mail info.asean@fluke.comor visit the Fluke website at http://www.fluke.com.sg
About Fluke
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools. Fluke customers are technicians, engineers, electricians, and metrologists who install, troubleshoot and manage industrial, electrical and electronic equipment and calibration processes.
Fluke is a registered trademark of Fluke Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. For more information, visit the Fluke website.
For more information:
Ryanne Toh
Senior Marcom Executive
+65-6799-5203
ryanne.toh@fluke.com
Source: Fluke Corp.

Written by asiafreshnews

November 16, 2012 at 2:40 pm

Posted in Uncategorized

Tagged with

The 112th Canton Fair “Sustaining Global Trade in Difficult Times”

leave a comment »

GUANGZHOU, China /PRNewswire/ — Despite ongoing economic problems in Europe and America, the 112th session of the Canton Fair, which closed on November 4, has displayed a remarkable resilience. While the number of participants and turnover fell around 10 percent compared to the spring session, the percentage of repeat visitors rose over 8 percent, underlining the great commercial value of the event and its importance as a buttress for sustaining global trade.
The number of overseas buyers at the fair – taken to be a reliable indicator of China’s export situation – highlights weak global demand, as a lacklustre recovery is hampered by the eurozone debt crisis. However, the Canton Fair remains the best gateway into the Chinese market, and attendees continue to value the opportunities it presents, both in terms of business intelligence and the quality products on offer.
A German garden machinery supplier attending the fair said that although he hadn’t experienced a domestic decrease in sales, he was under pressure to cut prices. “I’m looking for good prices from suppliers in China because my customers have become far more price-conscious,” he explained.
Ulrik Fredrikson, an executive from a Swedish car-accessory company, said his company had also been feeling the pinch, with sales down 25 per cent year-on-year. “Instead of going through a middleman, who will hike prices by 20 per cent, I’d rather buy directly from manufacturers here at the fair,” said Fredrikson.
Companies from developing countries, especially BRICS nations, demonstrated a strong desire for economic cooperation at the fair. Many were optimistic that increasing trade between BRICS nations could counter the recent decline of sales in more traditional markets.
With Brazil set to host the World Cup and Olympics soon, opportunities now abound for Chinese companies in the Brazilian market. A forum at the Canton Fair to help Chinese companies familiarize themselves with Brazil’s business environment was attended by 400 visitors.
ChinaInvest, a Brazilian investment and consulting firm, purchased large quantities of building materials for South American construction contractors at the fair. The firm’s president, Thomas Machado, said he expected to buy 30% more materials from China this year, with a 15% rise in overall prices. “Better quality convinced me to buy Chinese goods, despite China’s rising raw material and labor costs,” said Machado.
For further information please visit: http://www.cantonfair.org.cn/en/index.asp
Source: China Foreign Trade Centre (CFTC)

Written by asiafreshnews

November 16, 2012 at 12:15 pm

RISI Confirms Additional Speakers For The Fourth Annual RISI Indian Seminar Program

leave a comment »

BEDFORD, Mass. /PRNewswire/ — RISI, the leading information provider for the global forest products industry, today announced the addition of several speakers for the Fourth Annual RISI Indian Seminar. This year the program again provides a robust roster of leading industry experts. The event will take place on December 11-12, 2012 at the Park Hotel, Hyderabad, India.
(Logo: http://photos.prnewswire.com/prnh/20080521/NEW122LOGO)
The RISI Indian Seminar offers opportunities to learn about the latest pulp and paper industry trends and challenges. Seminar attendees include individuals throughout the industry such as pulp and paper industry executives, market analysts, procurement managers and suppliers.
Recent updates to the Indian Seminar program are:
Surviving the Upcoming Tsunami in Pulp & Paper presented by Sunil Sood Director, APRIL
Forest Certification in India: Opportunities and Challenges for Paper and Pulp Industry presented by TR Manoharan, FSC International Representative, India
Coming Back to Reality: DRUPA 2012: A Retrospective presented by Dr. Rajendrakumar Anayath, head Heidelberg Print Media Academy
A highlight of the Indian Seminar for pulp and paper industry executives will be “A Roundtable Discussion with India’s Leading Executives.” The moderator of this discussion is Madhukar Mishra, President, Indian Paper Manufacturers Association (IPMA). Panelists are:
Yogesh Agarwal,Managing Director and CEO, Ballarpur Industries Limited
Pradeep Dhobale,Executive Director, ITC
Sunil Sood,Director, APRIL
N Gopala Ratnam,Chairman and Managing Director, Seshasayee Paper and Boards
The 2012 Indian Seminar is sponsored by GAW, HP, ColorLok Technology, Kadant and MiniMill Technologies (MMT). Media sponsors are Papermart, PPI Asia and PPI International. Indian Paper Manufacturers Association (IPMA) is a supporter of the event.
All conference details including registration, is available at http://www.risi.com/indianseminar.
For queries on the seminar, please email indiaconf@risi.com
About RISI (www.risi.com)
Owned by UBM plc, which is listed on the London Stock Exchange, RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, timber, biomass, tissue, nonwovens, printing and publishing industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
About UBM plc (www.ubm.com)
UBM plc is a leading global 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. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
For Press Enquiries, please contact:
Pam Williams
Marketing Specialist
O: +1-781-734-8999
E: pwilliams@risi.com
Source: RISI

Written by asiafreshnews

November 16, 2012 at 11:44 am

Posted in Uncategorized

PRS’ Singapore Office Relocates

leave a comment »

To Accommodate Continued Growth
SINGAPORE /PRNewswire/ — Perception Research Services International (PRS), a global leader in packaging and shopper research, has announced its office relocation. The new location will also provide clients with access to PRS’ Retail Lab by the end of 2012. The Singapore office has moved to Samsung Hub located at 3 Church Street #18-02.
The newly launched PRS Retail Lab will offer clients a space to test their innovations while incorporating PRS’ Virtual Aisles or mobile eye-tracking technologies in their shopper or packaging research.
The move stems from PRS’ need to accommodate growth due to the demand for the company’s shopper and packaging research services. The new larger space is designed to support further expansion and allows for easy access from all points within Singapore. PRS offices are also located in the United States, Europe and Latin America.
“We are so fortunate that over the past several years, our client base has grown, along with an expanded portfolio of services. We anticipate this will continue as marketers continue to focus on understanding what drives shoppers’ behavior,” said Vincenzo Ciummo, Global Managing Director of Perception Research Services, Singapore.
PRS focuses exclusively on research to guide, measure and improve marketing communications. Since 1972, PRS has conducted thousands of studies in its primary areas of expertise: packaging, point-of-sale marketing and print advertising. Over the past 40 years, PRS pioneered and enhanced the use of PRS Eye-Tracking, introduced clients to PRS Virtual Aisles and utilized emotional measurement via facial coding for various studies.
All phone numbers and email addresses will remain the same. To reach the regional office please call 65-6590-7000 or email vciummo@prsresearch.com.
About PRS
Founded in 1972, Perception Research Services International (PRS) specializes in research to help clients “win at retail.” PRS now conducts over 800 custom studies annually to help marketers deepen their shopper understanding and develop more effective packaging, category management and in-store marketing efforts. In addition to the U.S. headquarters, PRS has offices in London, Geneva, Rome and Singapore. For more information visit http://www.prsresearch.com.
Contact:
Ana Sandoval
Perception Research Services
+1-201-720-2719
Ana.Sandoval@prsresearch.com
Source: Perception Research Services International (PRS)

Written by asiafreshnews

November 16, 2012 at 11:34 am

Posted in Uncategorized

Tagged with

Kaloti Brand of Gold Bars Accepted on Hong Kong Mercantile Exchange

leave a comment »

DUBAI, UAE, Nov. 15, 2012/PRNewswire/ —

Accepted as Good Delivery Brand for Gold at HKMEX
Dubai Good Delivery refinery since 2010
Demonstrates robustness and relevance of DGD accreditation in global markets
Kaloti Jewellery International DMCC (‘Kaloti’), a leading global corporation accredited by Dubai Multi Commodities Centre’s (‘DMCC’) Dubai Good Delivery (‘DGD’) Standard has been accepted on the Hong Kong Mercantile Exchange (HKMEX) for good delivery of its gold bars. As the only globally accepted and relevant standard for 1kg gold bars with a minimum of 995 fineness, the DMCC’s DGD Standard has paved the way for Kaloti to enter Far Eastern markets such as China, Hong Kong and Japan.

In June 2012, DMCC made it a mandatory requirement for Dubai Good Delivery (‘DGD’) refineries to implement all of the provisions of the DMCC Practical Guidance for Responsible Sourcing of Precious Metals in order for DGD members to continue their membership from June 2013. The Guidance also enables other global industry participants to perform the necessary risk assessments to ensure conflict free gold supply chains.

Tarek El-Mdaka, Managing Director, Kaloti Jewellery Group, said:

“Since Kaloti Jewellery International DMCC became a DMCC-licensed member in 2004, our business has expanded from trading to refining, assaying, logistics, financing and more, and today we have established our presence in Istanbul, Miami, Hong Kong and Singapore. Our growth is largely due to the infrastructure, products and services provided by DMCC such as the DGD Standard. Kaloti has been a DGD accredited refiner and an approved gold brand for Dubai Gold and Commodities Exchange since 2010, which contributed greatly towards our recent listing for gold good delivery on the HKMEX.

“The robustness of the DGD Standard has allowed us to maintain transparency and trust amongst our international client base by satisfying the requirements of our regulators and market participants across the globe.Seeing our gold bars accepted on regional and global exchanges, we appreciate the DGD standard also as a catalyst for growth. We are certain that our recent adoption of the DMCC Guidance and complying with the upcoming DMCC Review Protocol will be equally as fruitful as we continue to expand into new markets.”

The Guidance is based on the Organisation for Economic Co-operation and Development (OECD) ‘Supplement on Gold’ for conducting due diligence for responsible sourcing of gold, and incorporates their ‘5-Step’ framework that relies on each stakeholder within the supply chain to work together to ensure due-diligence is carried out at the highest level. DMCC has also been in discussions with concerned UAE governmental agencies to ensure that the Guidance is successfully implemented across the UAE.

Gautam Sashittal, Chief Operating Officer, DMCC, said:

“As the region’s leading commodities marketplace, DMCC advocates transparency and due diligence throughout the entire commodities value chain by ensuring that regional standards are in line with global best practices.

Kaloti’s experience with the DGD Standard demonstrates its relevance in the precious metals arena, as well as the confidence such standards create among other key participants. By adopting and implementing the DGD Standard and DMCC Guidance, market leaders such as Kaloti are in a position to provide the necessary assurance that they have the appropriate management systems in place to perform risk assessments on their supply chain and take appropriate risk mitigation actions to encourage conflict free and responsible sourcing of gold.”

DMCC will introduce the Responsible Sourcing of Precious Metals Review Protocol in November 2012, which will ensure that Dubai Good Delivery (DGD) accredited member refineries and global industry participants that have adopted the guidance are compliant with the DMCC issued Guidelines. Adherence to the Guidelines will be certified by a panel of reputed international audit firms which will be announced in due course.

Today, Dubai is one of the foremost gold centres in the world, with import and export numbers totalling 1,200 tonnes ($56 billion in value) in 2011. DMCC has played a vital role within Dubai’s growth as a gold centre by offering state-of-the-art infrastructure and innovative products and services that benefit the industry, such as the Dubai Gold and Commodities Exchange, the Dubai Gold Vault, and the DGD Standard.

Notes to editors:

About The Dubai Multi Commodities Centre

The Dubai Multi Commodities Centre (DMCC) is a strategic initiative of the Government of Dubai, was established in 2002, with a mandate to provide the physical, market and financial infrastructure required to set up a commodities market place in Dubai. The Centre attracts key players throughout the entire value chain of a wide range of commodities sectors, together with relevant support industries such as finance, logistics and insurance. DMCC has established a robust infrastructure, including free zone status, trade networking platforms, secure vaults and purpose-built storage facilities. Resident companies of DMCC are offered highly attractive benefits under a free zone status, including 50-year guaranteed 0% corporate and personal income tax, 100 per cent business ownership, full ownership of business premises, and a secure regulated environment. DMCC has also implemented a dedicated compliance policy in the organisation, which is in line with the compliance related laws and regulations of the UAE Federal Government and the competent international bodies. DMCC owns three fully operational towers which host the majority of the physical, market and financial infrastructure including the Jewellery & Gemplex facility, the specialized diamond and pearl exchanges and gold vaults.

About the Kaloti Group

Established in the UAE in 1988, Kaloti Jewellery Group has benefited from the strategic location of its Dubai headquarters. Dubai is known worldwide as a trading crossroads – where East meets West and North meets South. Kaloti Jewellery Group has leveraged this exceptional position to create a company with a truly global outlook.

An international corporation, with interests that span the globe from the Far East to the Americas, Kaloti Jewellery Group has integrated its operations under the mantle of Dubai Multi Commodities Centre (DMCC). From this location the Group has expanded and now operates in a number of complementary areas.

The Group provides complete precious metal solutions, from the financing of raw material mining in the depths of Latin America, via complex supply and logistics chains, all the way through to the end product – whether beautifully crafted pieces of handmade jewellery or commercial bullion bars.

Furthermore, the Group has attained ISO certification in a number of fields due to an unrelenting focus on quality. With a base in one of the world’s foremost gold trading cities, and Dubai’s tax-free status and smooth trading environment, the Group is confidently anticipating continued growth – both financially and geographically.

About the DGD Standard

The DGD Standard was originally launched by DMCC in 2005 as an international benchmark for quality and technical specification standards for the production of gold and silver. The objectives of the system are to increase confidence in the gold and silver industry, create more opportunities for trade finance activities and provide a delivery standard for the Dubai Gold & Commodity Exchange (“DGCX”). In addition this delivery service will provide the technical robustness that brings credibility in the market.

About the Practical Guidance for Responsible Sourcing of Precious Metals

DMCC issued this practical guidance in April 2012 to assist DMCC licensed members and non-members within the UAE’s gold and precious metals industry on the implementation of the OECD guidelines on conducting due diligence and developing a risk management framework for responsible supply chain management of gold and precious metals when sourcing from conflict-affected and high risk areas. The guidance provides a common reference for all actors in the supply chain on a step-by-step basis to ensure responsible sourcing and chain of custody of the gold and precious metals and to eliminate the risk of direct or indirect support to any kind of conflict in accordance with international standards.

Written by asiafreshnews

November 16, 2012 at 11:15 am

Posted in Uncategorized