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Tang Prize Foundation Established in Taiwan: Academia Sinica to be Responsible for the Nomination and Selection of the International Awards in Taiwan

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TAIPEI, Jan. 28, 2013 /PRNewswire/ — The Tang Prize Foundation has been officially established in Taiwan. The foundation has signed a contract with the country’s highest research institution, Academia Sinica, which will be responsible for the nomination and selection for prizes in four categories: Sustainable Development, Biopharmaceutical Science, Sinology (excluding literary works), and Rule of Law. By recognizing the most original and influential work in these four fields, it is hoped that the Tang Prize will help promote first-class research to spur human development.
Tang Prize Foundation Established in Taiwan, Academia Sinica to be Responsible for the Nomination and Selection. Left: Samuel Yin, Founder of Tang Prize foundation; right: Chi-Huey Wong, President of Academia Sinica.
Tang Prize Foundation Established in Taiwan, Academia Sinica to be Responsible for the Nomination and Selection. Left: Samuel Yin, Founder of Tang Prize foundation; right: Chi-Huey Wong, President of Academia Sinica.

The Tang Prize Foundation was established by Dr. Samuel Yin with a donation of NT$3 billion (around US$102,000,000). Dr. Yin said, “Setting up the Tang Prize has been one of my biggest dreams. I hope that the prize will encourage more research that is beneficial to the world and humankind, promote Chinese culture, and make the world a better place.”

The four awards categories are important fields for humankind’s future social development. The Tang Prize Foundation hopes to increase attention to these award fields from both academic circles and the public, and further to encourage experts to dedicate themselves to innovative research in these four fields. The efforts channeled into the Tang Prize all focus on the ultimate goal of improving human life. The Tang Prize will become one of the world’s most prestigious and visionary awards and will allow Taiwan to be able to contribute even more to the international community.

The president of Academia Sinica, Chi-Huey Wong, said, “Historically, Academia Sinica has always had a first-rate reputation. Both at home and abroad, our academicians hold important positions in many fields, and thus have the professional capability to select the best candidates for the Tang Prize.”

“We shall carefully select experts from each field, both in Taiwan and abroad, to compose the selection committee. With the most rigorous objectivity, this committee will select individuals or institutions that have demonstrated the most creative and influential research in the four fields. In this way, the Tang Prize will gradually acquire international credibility,” he said.

From 2014, the Tang Prize will be awarded once every two years, to individuals or institutions that have made the most outstanding contributions in the four areas. Each will receive an amount not less than NT$40 million (around US$1,360,000) in prize money, and a further NT$10 million (around US$341,000) will be allocated for the execution of a plan submitted by the prize recipient(s) to promote and cultivate research and talent in the related area within a period of five years.

Nominations for the first Tang Prize will be drawn up by the Tang Prize selection committee, and invitations will be sent to eligible individuals and/or institutions in May 2013. The closing date for candidates to accept their nominations is September 30. The Tang Prize selection committee will present detailed reports on the final candidate(s) to the Tang Prize Foundation board at the end of April 2014. The Tang Prize Foundation board will announce the laureates on June 18, 2014.

About the Tang Prize Foundation

The Tang Prize Foundation was created in 2012 by chairman of the Ruentex Group, Dr. Samuel Yin, who invited a broad range of experts to serve on its board. The foundation is responsible for promoting the guiding principles of the Tang Prize and its sustainable management. It has commissioned Academia Sinica to organize a selection committee responsible for the nomination and selection process. The foundation will then select laureates based on the committee’s professional advice. The foundation’s website is

About the Tang Prize

The Tang Prize is an international award that recognizes the most original and influential researchers or institutes in the areas of Sustainable Development, Biopharmaceuticals Science, Sinology (excluding literary works), and Rule of Law. It is hoped that the prize will encourage scholars to dedicate themselves to research and development in these four areas and work towards sustainability and balanced development.

The Tang Prize is named after the Tang Dynasty, which is much admired by the prize founder. The dynasty was a golden age of cosmopolitan culture and the high point of China’s prosperity. The Tang Dynasty has inspired generation after generation with admiration for its vibrant characteristics of self-confidence and cosmopolitan inclusiveness. Such are the qualities that the Tang Prize seeks to promote.

Written by asiafreshnews

January 30, 2013 at 3:45 pm

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Kazakhstan Sovereign Wealth Fund Samruk-Kazyna Expands the Investment Horizons

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ASTANA, Kazakhstan, Jan. 29, 2013 /PRNewswire/ —

Samruk-Kazyna increases the potential for cooperation in the implementation of investment projects in the petrochemical, hydro and thermal power, renewable and alternative energy, engineering, pharmacy.

Kazakhstan Sovereign Wealth Fund Samruk-Kazyna was established to improve the competitiveness of the national economy and prevent the negative impact of the world markets on the economic growth in the country. The main instrument to achieve these goals – diversification and innovative development of the national economy.

To view the Multimedia News Release, please click:

To date, the Fund that has successfully implemented the bailout program – is the effective holding company in relation to its subsidiaries and a strategic investor, which aims at creating a balanced investment portfolio.

Samruk-Kazyna is more than 500 companies in the industrial and production sector, working in the key areas of the national economy: oil and gas, mining, chemical, transport and communication, electricity and banking.

Following the last year, the international rating agency Standard & Poor’s upgraded the long-term credit rating of the Kazakhstan Fund from “BBB” to “BBB +”, forecast – stable.

The consolidated net income of the Fund for 2012, excluding second-tier banks is pre-evaluated in the amount of more than $ 4.6 billion. The growth to the last year made 10.6%.

At present, the Fund is an active business model, which implements the investment policy and thinks about the competitiveness of companies in the market principles. The state assets are successful participants in the international market.

Samruk-Kazyna plays a key role in the modernization and diversification of the economy of Kazakhstan; it is actively involved in the rapid industrialization of the country, implements a number of large projects and plans new ones. The total investment program of the Fund has 157 investment projects for $ 101 billion, of which 74 investment projects are currently being implemented for $ 54 billion.

Surely, industrialization requires long-term funding, including the external.

Some of the major national companies, including Oil & Gas Company KazMunayGas and Atomic Company Kazatomprom which are under the control of the Fund, are well known to the international investors. We want the other companies to become innovative companies able to compete globally.

The great potential of Kazakhstan in the oil and gas sector is already well known for the world community. This sector is open to foreign investors for 20 years.

Samruk-Kazyna also extends the priorities and opens the potential for cooperation in the implementation of investment projects in the petrochemical, hydro and thermal power, renewable and alternative energy, engineering and pharmaceuticals.

The choice of Kazakhstan is explained by the favorable geographical position of the country. Kazakhstan, being located in the heart of the Eurasian continent, connects the major markets in China, Europe, Russia, CIS countries, provides transportation services in the countries of Central Asia and the Persian Gulf, which is beneficial to investors, ensuring them the link between production and consumption.

Samruk-Kazyna. With confidence to the future!

“Samruk-Kazyna” JSC

Dr. Aidar Makhmetov
Tel.: +7 (7172) 55 40 99
Fax: +7 (7172) 55 40 69

Source: Samruk-Kazyna

Written by asiafreshnews

January 30, 2013 at 12:04 pm

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CROMSOURCE Upgrades to the new Oracle Clinical Release 4.6.4

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VERONA, Italy, Jan. 29, 2013 /PRNewswire/ —

CROMSOURCE, a high quality ISO-certified international provider of outsourced services to the pharmaceutical, biotechnology and medical device industries, specialized in clinical development and staffing solutions, today announced successful completion of a project to upgrade their data management system to the new Oracle Clinical Release 4.6.4 (replacing version 4.5.3.).

‘Over the past 15 years, the Biometrics group within CROMSOURCE has conducted hundreds of important projects either as part of full-service agreements or as stand-alone assignments across all segments of the healthcare research sector, including medical devices, pharmaceuticals, biotechnologies and vaccines,’ noted Hugo Hartmans, Director of Biometrics. ‘We consistently delight our clients by delivering high quality services and proactively searching for the most efficient solution. As part of this commitment to satisfy our clients’ needs, evidenced by our 80% repeat business level, CROMSOURCE decided to invest in upgrading to the latest Oracle Clinical Release.’

Key benefits of the upgrade include availability of web-based randomisation, provision of email alerts on entry of certain defined data (e.g. SAEs), increased flexibility of eCRF design and flow, conditional navigation and other increases in general usability. The combined effect of these changes is to increase the ease, speed and accuracy of data handling which in turn creates cleaner data, faster.

The upgraded version of Oracle Clinical and Remote Data Capture (RDC) is now installed and hosted on the state-of-the-art infrastructure in the CROMSOURCE European Headquarters, and is fully validated and maintained in accordance with all applicable international guidelines.

‘This is an important milestone and reflects our commitment to remaining at the forefront of technological innovation and providing best in class solutions to our clients,’ stated Oriana Zerbini MD, Chief Executive Officer of CROMSOURCE. ‘CROMSOURCE has an enviable record of delivering high quality statistics and data management projects to our sponsors on time, on budget and to the highest quality. I am convinced that this development will create many added benefits for our clients.’

About CROMSOURCE: CROMSOURCE is a high quality ISO-certified international provider of outsourced services to the pharmaceutical, biotechnology and medical device industries, specialized in clinical development and staffing solutions. The CROMSOURCE Biometrics team is headquartered in Aachen, Germany, with another large group working from the CROMSOURCE office in Stirling in the UK. During the last 15 years the Biometrics group at CROMSOURCE has completed over 230 data management projects and over 50 EDC based studies.

Contact: Margherita Mosconi
Phone: +39-045-8222811
Fax: +39-045-8222812

(European Headquarters)
Via Scuderlando, 10
37135 Verona, Italy

Source: CROMSOURCE srl

Written by asiafreshnews

January 30, 2013 at 11:57 am

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“Sticking Together for Celebration” — A Design of Designers Theme Party at ACF Furniture in Beijing

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SHANGHAI, Jan. 29, 2013 /PRNewswire/ — On January 18, ACF Furniture, leader of Beijing Design Group for the 2013 Design of Designers event, held a special party in the ACF Showroom, located in Beijing’s 798 art district. The themes were Chinese Spring Festival and sticking together for Design of Designers.

Designers from the fields of architecture, interior design and product design enjoyed a happy get-together and celebrated the new Year of the Snake in advance.

Mr. Wang of ACF Furniture gives a short speech.

Mr. Wang Xin, the founder of ACF Furniture, has a hearty conversation with Mrs. Hong Huang.

On the event day, ACF founder Mr. Wang Xin, Mr. Song Tao of Zizao Society and Mr. Liu Feng of Liangshe Furniture respectively reviewed the exhibition themed as “Beijing Living Room”, with the participation of 13 original design brands and individual designers from the 2012 Design of Designers event. Also acting as the long-time exhibitor of Furniture China Expo, Mr. Wang made a joint rally with Mr. Li Yuanlong, representative from Shanghai UBM Sinoexpo Int’l Exhibition Co., Ltd. (the organizer of Furniture China Expo) for the 2013 Design of Designers event, inviting more of the designers present to be a part of the exhibition. With all of these excellent designers’ participation, they intend to create an original-themed exhibition of Beijing design with richer contents in September this year. They are determined to heat up the trend of design and originality, and to win a larger market share and business opportunities, as well as to earn more and more attention and praise.

That day, ACF’s showroom became a lively and cozy place, where old friends caught up and new ones met each other. Designers from different domains and followers of the design industry became more acquainted with each other, creating calligraphy and handicrafts, making Chinese dumplings and trying snacks, tasting wines and watching movies. They celebrated the Spring Festival with a mixture of traditional and fashionable elements. It is this kind of familial companionship that makes designers in Beijing stick together more closely.

As a part of the 19th Furniture China Expo, the 2013 Design of Designers will be held at Shanghai New International Expo Center from September 11 to 15. There will be four major themed exhibition zones from Beijing, Shanghai, Guangzhou, and Shenzhen, in addition to many independent designers and design firms on the scene. There, design enthusiasts in China and around the world are guaranteed to enjoy a visual feast.

To learn more about the 2013 Design of Designers Event, please visit: OR

Source: Shanghai UBM Sinoexpo Int’l Exhibition Co., Ltd.

Written by asiafreshnews

January 30, 2013 at 11:49 am

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Hong Kong Seeks to Reinvigorate its Entrepreneur Hub Status

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HONG KONG, Jan. 29, 2013 /PRNewswire/ — A new Make a Difference (MaD) Venture Fellows Programme took place in Hong Kong from 24-27 Jan, marking the Special Administrative Region’s renewed efforts to nurture and attract a new generation entrepreneurial talents.

Hong Kong used to be known as the entrepreneurial hub of Asia. But the entrepreneurial spirit in this city has been dwindling in the last two decades. According to the International Total Entrepreneurship Activity (TEA) Index, Hong Kong has a relatively low level of entrepreneurship (4.7%), compared to 5.7% in Taiwan and Singapore, 10.3% in the US and 14.8% in mainland China. In addition, the majority of the entrepreneurial activities in Hong Kong have very limited innovation or innovative technologies, with two in every three entrepreneurial pursuits related to export/import and consumer oriented businesses.

New Make a Difference Ventures Fellow Programme

“Hong Kong faces the challenge of developing a more diversified economy, a fairer society and a greener environment. We need to nurture and attract, as a matter of urgency, a new generation of high impact, innovative and entrepreneurial talent, to inject new momentum to our economy and society. We need to inspire our young people to dream BIG and think DIFFERENTLY,” said Ms Rachel Chan, Convenor of the Make a Difference Ventures Programme at the MaD Ventures Salon on 25 Jan.

Sixteen innovative and high impact MaD Venture Fellows were invited to present at the MaD Ventures Salon, pitching to 300 people in the investment, finance and business communities in Hong Kong. The Salon, a public-private-NGO partnership sponsored by the Innovation and Technology Commission of the HKSAR Government, DBS, Outblaze and A Better Tomorrow, is Hong Kong’s first international pitching platform to connect start-ups with potential investors and business partners.

“I am delighted that Hong Kong is hosting this event which brings each of the key elements; capital, talent and ideas together in a great networking environment to support the entrepreneurial spirit. I believe that Hong Kong has enormous potential to develop as a hot bed for innovation,” said John Tsang, the Financial Secretary of the HKSAR Government and the officiating guest at the Salon.

“Hong Kong is renowned for its effective rule of law, robust IP protection regime, world-class financial infrastructure and experience in doing business in Mainland China and across Asia. All this, together with a full range of services, is highly conducive to the success of new start-ups,” he added.

3 MaD Venture Stars

A distinguished panel chaired by the HKSAR Executive Council Member Bernard Chan selected 3 Make a Difference Venture Stars from the MaD Venture Fellows, together with the Salon audience. The three winners were:

Insight Robotics, Hong Kong (, incubated at the Hong Kong Science and Technology Park, applies robotics technology to the protection of critical infrastructures and key resources around the world. It visualizes remote incidents like forest fire, structural damage in buildings, oil leak, water pollution, flooding, drought and security breach to management authorities and assist them to make the most efficient contingency plans. It also assists the management authorities in disaster recovery and in building a better world with less disaster.

“It is very important to have programmes like the MaD Venture Fellows Programme to connect Hong Kong start-ups with innovative entrepreneurs around the world. This will help build the international links of local start-ups and foster the development of a more innovative entrepreneurship ecosystem,” said Kevin Chan, founder of Insight Robotics.

Wibbitz, Israel ( creates a text-to-video technology that automatically turns any text-based article, post or feed on the web into a video in 20 seconds. Its technology introduces a whole new way of consuming content and information in a much more visual and effortless way. It brings costs and production time down for SME publishers and content providers. It reduces the barriers of language limitations and content complexity. “I am amazed by the business culture of Hong Kong. I think more Israeli companies should consider using the Hong Kong platform for the Asia market, instead of focusing just on the US,” said Yotam Cohen, the co-founder of Wibbitz. This Israeli start-up received its Series A funding from K S Li’s Horizons Ventures in June last year.

Wifinity Tech, India ( applies innovative wireless sensing, artificial intelligence and machine to machine learning to help enterprises, buildings, hospitals and other organisations to monitor, manage and save their energy and water consumption. Users can save on average 20% of their energy bills. Wifinity Tech is an Indian company with market presence in India and the US. It is looking to establish a presence in Hong Kong to develop the East Asia market.

“I have benefited so much from the MaD Venture Fellows Programme,” said Jay Krishnan of Wifinity Tech. “I have got some potential investors and clients lined up and identified some manufacturing partners as well.” Wifinity Tech has decided to set up an office in Hong Kong to develop the East Asia market, in addition to their presence in India and the US.

Building Silicon Valley in Asia

Apart from the young entrepreneurs, international experts were brought to Hong Kong to discuss how Hong Kong can reinvorgorate its entrepreneurship ecosystem. Prof Wong Poh Kam of National University of Singapore believed that Asia should not follow blindly the Silicon Valley. A general consensus arising from the discussion is the importance of nurturing an entrepreneurial mindset and culture.

Prof Wong said Singapore has invested in changing the mindset of young people through the education system and establishing deep links with the entrepreneurial hubs in the world. Similar to Singapore, Hong Kong has to develop a new generation of investors with knowledge and experience in the new sectors.

Victor Hwang, co-author of “The Rainforest: the Secret to Building the Next Silicon Valley” spelt out the unwritten rules of the Silicon Valley, including a culture that encourage breaking rules and dream, experimenting, sharing and encouragement and the ability to embrace failure. “It is critical to move into a new paradigm of innovation; resembling a rainforest, the best environment for unpredictable weeds to grow,” says Hwang. “To thrive in this rainforest setting, entrepreneurs and investors need what makes us uniquely human — dreams, trust and love.”

Yat Siu from Outblaze echoed the comments of Prof Wong: “We need to look at ourselves as global citizens, able to grow relationships, networks and ecosystems across the globe. We should not limit ourselves to the domestic arena.” He added: “Whilst the education system is very important, parents should not abduct their responsibiity.”

The Salon also sought to encourage more investors in Hong Kong to join the rank of impact investors, in providing funding and mentorship to start-ups that seek to create positive changes to the society, whilst doing well financially.

“Passionate start-ups need financial, social and intellectual captial. We would like to appeal to and grow a new generation of investors who seek to make both meaning and money — people who are looking for opportunities to give back to society, to pass on their experience and to leave a legacy,” Rachel Chan said.

Brigitte Baumann of GoBeyond Early Stage Investing believed: “It is not a matter of choice; it is time to start to invest differently by acknowledging all the stakeholders in stead of just the shareholders.”

In recent years, there are signs that the entrepreneurial scene in Hong Kong is regaining some vigor. There are start-up events almost every week. Universities are investing more resources into entrepreneurship courses. Several co-work spaces have also been established, including the Good Lab with Make a Difference as a founding partner. There is AcceleratorHK, a three-month accelerator programme for early stage startups focused on building hybrid mobile apps, attracting aspiring entrepreneurs from Hong Kong and beyond. General Assembly, a leading global start-up learning network, is hosting a three-month pop-up in Hong Kong. “The MaD Venture Fellows Programme is a timely initiative to put Hong Kong back on the map of the world’s leading entrepreneurial hub,” Rachel Chan concluded.

About Make a Difference

Make a Difference ( is a Hong Kong-based initiative launched in 2010 to inspire and empower a new generation of leaders. Targeting young people aged 16-35, MaD comprises an annual forum in January with 1,600 participants and over 20 inspiring speakers from different arenas around the world; and activities throughout the year in and outside Hong Kong to promote creativity, innovation and entrepreneurship.

MaD is a not-for-profit NGO-public-private partnership, organised by Hong Kong Institute of Contemporary Culture and co-created by InnoFoco. The HKSAR Government is the patron and founding sponsor.


1. MaD Venture Star Finalist pitching at the MaD Ventures Salon:

2. Victor Hwang speaking at the MaD Ventures Salon:

3. Brigitte Baumann speaking at the MaD Ventures Salon:

For enquiry about the MaD Venture Fellows Programme, please contact:

Rachel Chan
InnoFoco, the Convenor of the Programme

Source: Make a Difference

Written by asiafreshnews

January 30, 2013 at 10:35 am

Posted in Uncategorized