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DHL Invests US$50 Million to Develop Multi-User Hub in Sagamihara, Tokyo

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Increases its warehouse space in Japan by 20% with 44,000 sqm facility

SINGAPORE, April 3, 2013 /PRNewswire/ — DHL, the world’s leading logistics company today announced that its Supply Chain division in Japan will start construction work for its new Sagamihara Logistics Center. Around 5 billion yen (US $ 50 million) will be invested in the development over the next 10 years, strategically located in Sagamihara City, Kanagawa Prefecture. The facility is a stepping stone to further business expansion. With the addition of the facility, DHL Supply Chain will expand its total warehousing space in Japan by approximately 20%. Construction starts in April 2013, with a target completion date of March 2014.

The Sagamihara Logistics Center is a multi-user hub facility with the warehousing area of approximately 44,000 sqm (13,000 tsubo). Supply chains in the consumer retail industry, including fashion and apparel, are becoming more efficient and more globalized amidst growing needs for e-commerce, causing businesses to seek advanced expertise, quality, speed and efficiency in logistics services. DHL Supply Chain will use this facility, and apply its global best practices, in-depth know-how for the Japanese market and industry expertise to deliver optimum logistics services, primarily for the consumer retail industry, for further business expansion.

The site is close to National Route No.16 and the Sagamihara Interchange of the Keno Expressway (Metropolitan Inter-City Expressway, to be completed in FY2013 — FY2014), offering superior access to Japan’s largest commercial zone, the Tokyo metropolitan area, as well as to airports and port facilities. With close proximity to the Ebina Interchange of the Tomei Expressway, the facility is also well-located for convenient distribution to western Japan. It is strategically located to maximize convenience for many customers in the consumer retail sector, including fashion and apparel, as well as the manufacturing sector, which requires efficient access to the metropolitan area and markets in central and western Japan.

Jointly developed by Kenedix, Inc. and ITOCHU Corporation, the facility adopts the Build-To-Suit (BTS) approach to allow DHL Supply Chain to provide optimum solutions. DHL Supply Chain is to lease the entire property for 10 years, starting in April 2014.

DHL Supply Chain North Asia CEO Victor Mok said, “With Asia’s influence becoming more and more evident in the world economy, the consumer retail industry is placing a growing emphasis on conquering the Asian market. This investment reflects DHL’s market superiority and confidence in its future growth potential. DHL will continue to provide services of the world’s highest level in various markets.”

Shuichi Kawamura, President of DHL Supply Chain Japan said, “The consumer retail industry involves fast-paced changes in market demand, and therefore has no time to waste in product introduction. For this reason, it is one of the industries that benefit from the strengths of the DHL Supply Chain, which boasts a global network of the world’s largest scale and process under advanced quality control. As a leading company in 3PL, we will continue to deliver supply chain solutions that go one step ahead of customer needs so as to assist our customers’ business and achieve further growth together.”

Kenedix, Inc. President Taisuke Miyajima said, “Participation in this project has a special significance for us in that it marks the start of a business relationship with a powerful global partner, DHL Supply Chain. We consider planning to work together in reinforcing business operations in Japan and abroad to develop logistics facilities that meet market needs and carry out asset management.”

Takashi Suzuki, the General Manager of ITOCHU’s Construction & Realty Department No.3, stressed the importance of the company’s capital involvement in the project in terms of global strategy, saying, “This is an important investment project that directly and indirectly assists the growth of a company with a competitive edge, as we actively pursue real estate development and investments in Japan and the rest of Asia. In order to support the advancement of global corporations, we are committed to making further involvement in the proposal, development and investments in BTS-type logistics facilities.”

With far-reaching knowledge and experiences in a range of industries, DHL Supply Chain will continue to use cutting-edge IT solutions and logistics know-how to provide services that meet a variety of logistics needs from Japanese customers.

– Ends –

Artist’s rendering of DHL Supply Chain’s DHL Sagamihara Logistics Center
Sagamihara Logistics Center overview

Name DHL Supply Chain Sagamihara Logistics Center
Location 5-9-1 Nishihashimoto, Midori-ku, Sagamihara-city, Kanagawa
Land area 22,020.77 square meters
Building area 11,897.25 square meters
Total floor area 44,103.64 square meters
Structure / Stories Steel-frame (RC foundation) 5-story building
Designed by Nippon Steel & Sumikin Engineering
Scheduled construction commencement April 2013
Expected construction completion April 2014

DHL — The Logistics company for the world

DHL is the global market leader in the logistics industry and “The Logistics company for the world”. DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 285,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 55 billion euros in 2012.

For more details of DHL: http://www.dhl.co.jp.

DHL in Japan
Number of employees: Approx. 3700
Number of vehicles: 1,300
Number of sites: Over 270 (Gateways, offices, service centers, terminals and warehouses)

DHL Supply Chain Ltd.
Company name: DHL Supply Chain Ltd.
Head Office: 4-7-35 Kita Shinagawa, Shinagawa, Tokyo, Japan
President: Shuichi Kawamura

Kenedix, Inc.
Company name: Kenedix, Inc.
Head Office: 2-2-9 Shinbashi, Minato-ku, Tokyo, Japan
President: Taisuke Miyajima

ITOCHU Corporation
Company name: ITOCHU Corporation
Head Office: 2-5-1, Kita-Aoyama, Minato-ku, Tokyo, Japan
President: Masahiro Okafuji

Source: DHL

Written by asiafreshnews

April 8, 2013 at 2:49 pm

Posted in Uncategorized

Myanmar’s Largest Private Bank Kanbawza Bank Offers Western Union(R) Service at 100 Branches

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Western Union services are now available at over 250 Agent locations in 13 of Myanmar’s 14 states and divisions
YANGON, Myanmar/PRNewswire/ — The Western Union Company (NYSE: WU), a leader in global payment services, announced today that its services are now available in 13 of Myanmar’s 14 states and divisions, with the addition of 100 branches at Kanbawza Bank (KBZ Bank).

Right to left: Ly Nguyen, Regional Director, Indochina, Western Union, Lisa Lam, Assistant General Counsel, APAC, Western Union, U Nyo Myint, Managing Director, International Banking, KBZ Bank and Than Lwin, Vice-Chairman, International banking, KBZ Bank

Western Union signage at one of the KBZ locations
Since the launch of Western Union®Money Transfer(SM) services at six bank Agents in January this year, consumers from 74 countries including Australia, Canada, Japan, Malaysia, Singapore, Thailand, UAE, US, UK and other European countries, have sent money into Myanmar through Western Union.
“We are delighted to be working with Myanmar’s largest private bank KBZ Bank to expand Western Union’s money-in-minute[1] services across the country, including the introduction of services in Kachin state. Consumers can now receive Western Union® money transfers in 13 of the country’s 14 states and divisions — another significant step towards bringing the world to every corner of Myanmar,” Ly Nguyen, Regional Director, Indochina, Western Union, said.
U Nyo Myint, Managing Director, International Banking, KBZ Bank, said, “Many of our customers rely on their overseas family and friends’ regular financial support. Being a leader in the retail banking with a large customer base in Myanmar, we are honored to collaborate with Western Union — a strong brand with solid core values and superior customer service experience — to provide an essential service which serves as a vital link between Myanmar citizens here and overseas”
With the addition of KBZ Bank, the Western Union Money Transfer service is now offered through a combined network of 250 bank branches across seven divisions and six states in Myanmar.
Western Union was the first global money transfer operator to offer international money transfer services in Myanmar after investment and trade sanctions were eased last year.
[1] Funds may be delayed or services unavailable based on certain transaction conditions, including amount sent, destination country, currency availability, regulatory and foreign exchange issues, required receiver action(s), identification requirements, Agent location hours, differences in time zones, or selection of delayed options. Additional Restrictions may apply. See Send form for details.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of December 31 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2012, The Western Union Company completed 231 million consumer-to-consumer transactions worldwide, moving $79 billion of principal between consumers, and 432 million business payments. For more information, visit http://www.westernunion.com.
About KBZ Bank
Kanbawza Bank (KBZ Bank) was established on 1st of July, 1994 in Taunggyi, Southern Shan State. Initially, the bank catered the local population in Taunggyi. In November 1999, our present management took over and reformed the organization into one of the biggest private commercial banks in Myanmar.
In November 2011, Central Bank of Myanmar granted Authorized Dealer License (ADL) to KBZ Bank as the first step to operate foreign banking business. KBZ Bank will sustain a continuous growth in financial industry accord with the development of Myanmar. As of March 2013, KBZ Bank has expanded up to 102 branches all over Myanmar, maintaining itself as a leading bank with the largest network of branches and the biggest customer base with one third of the market share. KBZ’s International Banking Division (IBD) has been providing the services the customers can truly rely on such as trade, remittance and treasury by establishing correspondent relationships with regional banks. Moreover, from December 2012, the wide network of ATM machines operated by KBZ Bank have begun accepting VISA cards issued in foreign countries for cash withdrawal activities. KBZ will also commence services with other international cards in early 2013. KBZ has recently signed an agreement with Western Union, a worldwide leader in money transfers and payment services.
Source: Western Union

Written by asiafreshnews

April 8, 2013 at 12:18 pm

Posted in Uncategorized

Thyl Kint, CTO of BW Offshore to Provide Keynote Address at the 14th Annual FPSO Congress

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SINGAPORE, April 5, 2013 /PRNewswire/ —

17 – 18 Sep 2013 www.fpsoasia.com

IQPC is pleased to announce that Mr. Thyl Kint, CTO for BW Offshore is the latest C-level representative to provide a keynote address at the 14th Annual FPSO Congress, 17-18 September in Singapore.

Speaking on the ‘Contemporary Commercial Reality of the FPSO Market’, Mr. Kint will discuss critical factors and key drivers in the FPSO market, providing both qualitative and quantitative analysis.

“The FPSO congress this year will be a good opportunity for the key stakeholders and industry players in the market to get together and discuss both the commercial and technical aspects of FPSOs,” Mr. Kint commented. Also attending the Congress this year is BW Offshore’s CEO, Mr. Carl Arnet.

Mr. Thyl Kint also sits on IQPC’s Advisory Board for the 14th FPSO Congress this year, and will be joined by distinguished industry stakeholders including

  • Mr. Maarten Van Aller, COO Petrofac Production
  • Mr. Thyl Kint, CTO, BW Offshore
  • Mr. Jeffrey Sim, SVP Tenders Development, BW Offshore
  • Dr. Michael Hamblin, GM Special Assignments, Production Division, Woodside Energy
  • Jerry Joynson, Director, Proposals & Technology Development, SBM OFFSHORE

The 2013 Advisory Board will provide their key opinions and insights which in turn will shape the direction of the Congress this year.

The 14th FPSO Congress will feature over 500 senior stakeholders from the entire FPSO community, including vessel owners, oil and gas operators, shipyards, financial organisations, EPCs, and solution providers. Broken down into commercial and technical streams on each day, the Congress will cover every angle of the FPSO market and is set for more than 20% growth from last year’s showing.

For media enquiries, please contact:

Ms Rani Kuppusamy Marketing Director FPSO Congress Tel: +65 6722 9399 Email: rani.kuppusamy@iqpc.com.sg Web: http://www.fpsoasia.com


Source: IQPC

Written by asiafreshnews

April 8, 2013 at 10:58 am

Posted in Business & Finance

SoCh’s Design for Change School Challenge Entering Fourth Year Strong

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SINGAPORE, April 5, 2013 /PRNewswire/ — Now in its fourth year, the Singapore chapter of the Design for Change (DFC) School Challenge for children is open for registrations. Organised in Singapore by the social enterprise SoCh in Action, the latest iteration of the award-winning programme has already attracted more than 70 teams of students across 12 schools. DFC is rolled out as part of SoCh’s annual Be the Change Programme that includes student and teacher workshops and a culminating event, Be the Change Exposition 2013 in November.

All components of the programme are designed to empower 8-14 year olds to make a positive change in society. Madhu Verma, Founder of SoCh says, “The interesting thing is that we begin by asking the children what bothers them, and then get them to go out and fix it themselves. By enabling children to take charge of the issues that affect them, we are inculcating a life-long habit where children assume responsibility instead of waiting to be told what to do.”

The DFC school challenge starts with a series of educational workshops based on the design-thinking process where students are sensitised to societal issues and learn the process of addressing them. They then work with trained facilitators to find and implement creative ideas that tackle those issues, making real social impact in their community.

Winners of the challenge, chosen by local judging panel, will be announced at Be the Change Exposition, the climax of the annual programme, in November. One team will also represent Singapore in the Global Be the Change Conference held in September in India.

The exposition will also be a fun-filled event with an exciting line-up of interactive games and activities to further inspire children to think and express their views about social challenges. Last year’s exposition attracted over 700 attendees from 33 schools and showcased 60 creative projects by local students.

Madhu adds, “We had many wonderful projects last year that addressed improving life of the elderly through product designs, helping autistic adults, respecting cleaners and reducing vandalism in schools. The children not only become aware of the challenges facing the society, but also witness the social impact they can make. They believe that social change is possible and they can drive it through their ideas and action.”

SoCh has enjoyed the support of the Central Singapore Community Development Council’s Mayor’s Imagine Fund for the last two years. Last year, POSB PAssion Kids Fund also supported SoCh’s annual Be the Change programme. SoCh hopes that more sponsors will come forward to support the programme and spread the spirit of ‘I CAN’ amongst children.

“We are delighted to support this initiative,” says Mr Tan Chee Hau, General Manager of Central Singapore CDC. “The programme empowers our children to take ownership and be responsible for their community. This is in line with the CDC’s belief that our society will be more resilient when everyone chips in.”

The DFC programme can be adopted in schools as a project, a Community Involvement Programme, or a Co-Curricular Activity. Registrations are open until 15th April, and more information can be obtained at www.dfcsingapore.com/registration.

The programme is eligible for funding under the Youth Social Entrepreneurship Programme for Schools from the Ministry of Social and Family Development (MSF). For more details, click here.

About SoCh in Action SoCh in Action designs and implements various programs and events for the community to be involved in the social change process. Its belief is that anyone can be a change-maker; through new thoughts, simple beliefs and small actions. For more details visit www.SoChinAction.com

About Design for Change DESIGN FOR CHANGE is the largest global movement designed to give young people an opportunity to express their own ideas for a better world and put them into action. Using the simple 4 step framework, children across the world are saying ‘I CAN’ instead of ‘Can I’. For more information please visit: www.dfcworld.com.

Newswire Partner: PR Newswire Asia The Design for Change School Challenge Singapore 2013 organized by SoCh in Action is supported by PR Newswire as the official newswire partner.

PR Newswire is the premier global provider of multimedia platforms that enable communications professionals to leverage content to engage with all their key audiences. PR Newswire provides end-to-end solutions to produce, optimize and target content – from rich media to online video to multimedia – and then distribute content and measure results across traditional, digital, mobile and social channels.

Media Contacts Rice Communications for SoCh in Action Amala Naravane / Susu Ho +65 6221 8729 SoCh@ricecomms.com


Source: SoCh in Action

Written by asiafreshnews

April 8, 2013 at 10:24 am