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Archive for July 30th, 2013

Top Catering Equipment Brands Unveiling at HOTELEX 2014

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SHANGHAI, July 29, 2013 /PRNewswire/ — HOTELEX Shanghai 2014 is announcing the official kick-off for its sales. The new expo will cover 12 halls in the Shanghai New International Expo Center. Tailor-made themed sections will bring you ample business opportunities. As one of the largest, most effective and highest level exhibitions in the hospitality industry, HOTELEX Shanghai is always concerned with the implementation of innovative elements and green concepts. As the main part of HDD(Hotelex, Deco & Design), it contains 10 differently themed sectors including Catering Equipment & Supply, Bakery and Ice Cream, Tableware, Textile, Appliance & Amenities, IT & Security, Fitness & Leisure, Food & Beverage, Coffee & Tea, and Wine & Spirits. HOTELEX has led hospitality industry trends for 22 years and will continue to provide a one-stop purchasing and information platform for hospitality professionals.
HOTELEX site
HOTELEX site

Nowadays, the service industry is enjoying unprecedented development led by catering and entertainment, and yearly income has reached 2.0543 trillion RMB, with year-on-year growth at 16.9 percent. The public catering market has excellent prospects of maintaining a strong development momentum. The outlook for the hotel and catering industry is also affected by constantly changing customer service demands.

The catering equipment industry is seeing booming development across China. Zhejiang manufacturers produce in the high-end, premium, brand and specialization paths while Guangdong factories set the strategy of low price, large-scale, and diversification. Domestic brands such as HEC and Sky Rainbow and foreign brands such as Convotherm, RETIGO, and Rational have faced selective evolution due to keen competition.

Today, high-tech development along with low-carbon green strategies and new innovations are all driving the catering equipment industry into highly productive avenues of development. High efficiency and low energy are the future trends preferred by enterprise. Individual design, full-scale consultancy, and business guidance are also key factors comprising core competitiveness.

HOTELEX and its collaborating partners provide a one-stop kitchen issue solution platform for commercial refrigerators, cooking, food preparation and the beverage category. HOTELEX aims to provide more advanced and more comprehensive hospitality solutions under one roof, thereby offering greater business opportunities.

There will be many new exhibitors such as MKN, RETIGO, RATIONAL, LAINOX, ELECTROLUXE, and more and domestic leading players in the Catering Equipment & Supply category like HEC, Sky Rainbow, Hobart, Nan Yang Midea, and others. They will all bear witness to HOTELEX’s development.

As the main part of HOTELEX, Catering Equipment & Supply China has reached over 60,000 square meters and is now the pioneer of hotel supplies in both Asia and the rest of the world. It offers a platform for enterprises to showcase innovative products, launch new products, and enhance exchange and cooperation.

About HOTELEX (http://www.hotelex.cn/)

As one of the largest, most effective and highest level exhibitions in the hospitality industry, HOTELEX contains ten differently themed sectors including Catering Equipment & Supply, Finefood, Wine & Spirits, Coffee & Tea, Tableware, Textile, Appliance & Amenities, IT & Security, Bakery, and Fitness & Leisure. HOTELEX has led the hospitality industry trends for 22 years and will continue to provide one-stop purchasing and information platform for the hospitality professionals.
Source: Shanghai UBM Sinoexpo International Exhibition Co., Ltd.

Written by asiafreshnews

July 30, 2013 at 6:01 pm

Posted in Uncategorized

New Mixed-Asset Fund to Address Investors’ Concerns in Volatile Market Conditions

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The Pacific Dynamic AsiaPac Fund aims to balance downside risk and return, providing investors with sustainable potential income

KUALA LUMPUR, Malaysia, July 29, 2013 /PRNewswire/ — One of the main concerns of retail investors these days is seeking an investment vehicle that can withstand the rigours of equity and bond markets while being able to capture opportunities prevailing in these markets.
Gerard Lee, CEO of Lion Global Investors Limited and Chairman of Pacific Mutual Fund Bhd
Gerard Lee, CEO of Lion Global Investors Limited and Chairman of Pacific Mutual Fund Bhd

With this in mind, Pacific Mutual Fund Bhd has created its latest investment fund, the Pacific Dynamic AsiaPac Fund, to meet this challenge for its clients.

Focusing on providing sustainable income to its investors through absolute return strategies in any market condition, the Pacific Dynamic AsiaPac Fund is a dynamic mixed-asset fund that invests predominantly in securities available across the Asia Pacific. The Fund has very flexible asset allocation levels, where it can hold equities and fixed income investments ranging from 0-100% of its net asset value.

“The Pacific Dynamic AsiaPac Fund is an income-generating fund structured to constantly adapt to the prevailing market environment. Geographically, the Fund’s investments aim to capture Asia’s dynamic growth and relatively strong fundamentals with participation in high dividend yielding stocks, quality fixed income and even China ‘A’ stocks if warranted,” says Gary Gan, Pacific Mutual’s Executive Director and CEO.

Alluding to this, Gerard Lee, Chief Executive Officer at Lion Global Investors Limited, points out that, “In volatile markets, retail investors who are unsure about which asset class to invest in can entrust this responsibility to Lion Global Investors. This would be an effective way of meeting one’s financial objectives over time.”

While absolute return strategies via a dynamic mixed-asset mandate is not something new, the critical element for investors’ interest is the experience and expertise of the fund manager for such strategies.

“The Pacific Dynamic AsiaPac Fund is managed by Lion Global Investors. A team of three portfolio managers with an average of 25 years of investment experience will leverage on each other’s expertise in asset allocation, fixed income and equities to co-manage the Fund.” adds Gan.

Both Pacific Mutual and Lion Global Investors are members of the OCBC Group.

The Pacific Dynamic AsiaPac Fund is available at all OCBC Bank branches nationwide and through Pacific Mutual’s authorised unit trust consultants.

About Pacific Mutual Fund Bhd

Pacific Mutual Fund Bhd (“Pacific Mutual”), a member of the OCBC Group, is an investment management company based in Malaysia and currently manages a total of 30 funds including 16 funds with foreign investment mandates. The company also manages private mandate funds under its asset management business.

As at 30 June 2013, Pacific Mutual manages RM1.8 billion on behalf of its unit trust investors and private mandate clients. For more information about Pacific Mutual, visit http://www.pacificmutual.com.my.

About Lion Global Investors Limited

Lion Global Investors Limited (“Lion Global Investors”), a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group, is one of the largest asset management companies in Southeast Asia, with group assets under management of S$29.4 billion (US$23.2 billion) as at 30 June 2013. Established as an Asian asset specialist since 1986, Lion Global Investors’ core competencies are in managing Asian equities and fixed income strategies and funds for both institutional and retail investors. It has one of the largest and most experienced investment teams dedicated to regional and global equities and fixed income markets, with over 40 investment professionals averaging 15 years of relevant investment experience.

Lion Global Investors’ network of regional offices outside of Singapore includes Malaysia, Brunei and China. Lion Global Investors is 70% owned by Great Eastern Holdings Limited, a subsidiary of OCBC Bank and 30% owned by Orient Holdings Private Limited, a wholly-owned subsidiary of OCBC Bank. For more information, visit http://www.lionglobalinvestors.com.
Source: Pacific Mutual Fund Bhd

Written by asiafreshnews

July 30, 2013 at 11:40 am

Posted in Uncategorized

Evolving Technologies to be Addressed at the First Seating & IFE Integration Symposium

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LONDON, July 29, 2013 /PRNewswire/ —

A one-day Seating & IFE Integration Symposium will bring together experts from airlines, manufacturers, suppliers and design organisations with key responsibility for two major areas of cabin investment – seat and IFE/connectivity systems. The Seating & IFE Integration Symposium – organised by Reed Exhibitions – takes place on October 1 at the Washington State Convention Center in Seattle. Confirmed speakers include: Zuzana Hrnkova, Airbus; Alex Pozzi, B/E Aerospace and Jason Adams, Delta Air Lines.

The opening session of this year’s Symposium will be Inspiration and Opportunity.  The first speaker will be Gary Weissel from ICF SH&E, who will present Consumer trends: the impact of smart mobile technology. Topic areas will include tablets and how their influence is shaping future seat design and IFE services.

The second speaker will be Jim Cangiano from Recaro Aircraft Seating Americas, who will focus on Evolving seat-centric technology. This will look at how seats are evolving in response to new thinking, new materials and new technology.

The second session, featuring Making the Business Case, will be chaired by Ken Herbert, of Imperial Capital and the first presenter to open this session will be Jeffrey Everhart of Thales who will discuss Saving time, saving money by working smarter.

This will be followed by a panel discussion on The business case for closer integration featuring Neil James, Panasonic Avionics Corporation; Rich Salter, Lumexis; and Jason Adams, Delta Air Lines.

The third session entitled Making Integration Happen will be chaired by Gary Weissel and the afternoon agenda will open with a scene-setting update on critical industry standards and the impact of regulations on closer integration between seat, IFE and connectivity.

This will be followed by a round-table discussion on Working through the integration issues involving Jeff McShane, Northwest Aerospace Technologies; Martin James, Thales; Zuzana Hrnkova, Airbus; and Jose Pevida, at TIMCO Aerosystems and TIMCO Aviation.

In addition to the current list of speakers, it’s been confirmed that Alex Pozzi, Vice President, Advanced Design Group at B/E Aerospace will also be present at the Symposium.

The final session under the heading Delivering Innovation, will be chaired by Vern Alg and will highlight a number of casestudies looking at new models for delivering seat-integrated IFE and collaborative working practices. A Q&A discussion will bring the Symposium to a conclusion.

http://www.aircraftinteriorsexpo-us.com/symposium

Source: Aircraft Interiors Expo Americas

Written by asiafreshnews

July 30, 2013 at 11:40 am

Tektronix Announces New Calibration Lab in Chengdu, China

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Tektronix is Now the Only Multi-National Company with CNAS 17025 Calibration Services in the Southwest China Region
CHENGDU, China /PRNewswire/ — Tektronix (service-solutions.tektronix.com), the industry’s leading multi-vendor service (MVS) provider of instrument calibration, repair and related services, today announced that it has opened a new calibration laboratory in Chengdu, China. Tektronix is now the only multi-national company with commercial CNAS 17025 calibration services in the Southwest China region – offering a single source calibration provider for customers’ entire instrument inventories.
(Logo: http://photos.prnewswire.com/prnh/20130213/SF59104LOGO)
The laboratory in Chengdu has the capability to provide CNAS 17025 accredited calibration for the following types of instruments: digital multimeters, clamp meters, oscilloscopes up to 6GHz, DC Resistance Boxes and RF Signal up to 26.5GHz.
The lab can also provide onsite calibration to customers throughout the region for products covered by Tektronix’s CNAS accreditation in Beijing and Shanghai. This scope of capability includes a broad range of electrical, RF, mechanical, physical/dimensional and temperature calibration.
“Having locations close to our major customers will allow us to provide local service and faster turnaround times. Our strategy is to be present wherever our customers need us and we will continue to expand our reach accordingly,” said David Carew-Jones, vice president for Tektronix Service in Asia.
The new lab will be based at
Room 1001, Block A, Chengdu Spirit, No.38 Sanse Road
Jinjiang District, Chengdu 610063, P.R.C.
The Chengdu facility will provide customers in the Semiconductor, Electronics and Electrical Manufacturing and R&D, Telecom Manufacturing and R&D, Industrial, Medical Equipment Manufacturing and R&D, and IT Service Delivery sectors a single source calibration provider for their entire instrument inventory.
“Tektronix has more repair and calibration labs globally than any other Test and Measurement supplier,” said Bernie Duffy, vice president and general manager of Service at Tektronix. “It is our intention to continue to expand our coverage, as we know that customers prefer local providers. This latest expansion in China is yet another outcome of our multi-million dollar investment in service operations worldwide.”
For more information about Tektronix Multi-Vendor Service, visit service-solutions.tektronix.com.
Wonder what else Tektronix is up to? Stay up to date on Twitter and Facebook.
About Tektronix
Tektronix is the world’s leading provider of multi-vendor calibration, repair and related services. Supporting more than 140,000 products from 9,000-plus manufacturers, the company provides services through more than 1,000 experienced associates across 100 plus points of service worldwide. Visit us at service-solutions.tektronix.com.
Tektronix is a registered trademark of Tektronix, Inc. All other trade names referenced are the service marks, trademarks or registered trademarks of their respective companies.
Source: Tektronix Service Solutions

Written by asiafreshnews

July 30, 2013 at 11:19 am

Posted in Uncategorized

Brandimage and dash design Develop New Restaurants for Mandarin Oriental in Shanghai

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Three distinct restaurants and the Mandarin Cake Shop offer high-concept dining experiences at Mandarin Oriental’s first Shanghai property
HONG KONG/PRNewswire/ — Brandimage, a leading global consultancy of brand equity architects and designers and dash design, a New York-based firm renowned for thoughtful, innovative hospitality and retail projects, have joined forces to create four eye-catching, chic, modern dining venues for Mandarin Oriental’s new luxury property in Pudong, Shanghai.
The venues which include the Chinese restaurant Yong Yi Ting, the modern-French Fifty 8º Grill, the all-day kitchen Zest, as well as the hotel’s signature Mandarin Cake Shop,are characterizedby contemporary, upbeat cosmopolitan decors that serve as stylish and exciting additions to Shanghai’s eclectic and flourishing dining scene.
The partnership between Brandimage and dash design marries expertise in branding, strategy and interior design. According to Mr. Craig Briggs, Managing Director of Brandimage Asia, this brand-led approach inspired the team to create distinct concepts for each of the four venues which translate into deeply immersive, engaging spaces offering the hotel’s guests a dining experience that is truly unique.
Commenting on the project, Mr. Briggs remarks that, increasingly, consumers are looking for a culmination of experiences when they go out to dine. “High-concept design restaurants today need to demonstrate as much innovation and flair in their architecture and decor as they do in their cuisine,” expresses Mr. Briggs.
With a focus on premium materials and an acute attention to detail, the cutting-edge, imaginative epicurean environments that Brandimage and dash design have created for the hotel pay tribute to Mandarin Oriental’s reputation for luxury including its world-class dining, inimitable service and exceptional cuisine. The main design highlights of these urban-chic dining destinations include the following:
Yong Yi Ting
Inspired by the concept “Mythical Journey,” Chinese restaurant Yong Yi Ting incorporates multiple experiential zones throughout the restaurant beginning with an enchanting entrance through the bar and lounge space. The lounge features a customized ceiling illuminated with traditional Chinese wine jugs, and a dramatically lighted wine wall, making an elegant reference to the restaurant’s extensive global wine selection and wine cellar. The use of dark woods and rich fabrics create a sense of Chinese Imperial culture and project an aura of luxury.
The main dining area opens up beyond the lounge, receiving natural light and creating a more accessible and modern Chinese dining experience. Tables and banquettes appointed in rich leathers and woods are complemented by stone walls and partitions adorned with traditional Chinese motifs.
Catering to the market demand for private dining with high-touch service, the restaurant features eight opulent private dining rooms that are accessed either via the main dining room or via a private entrance in the back of the restaurant. The arrangement of the private dining rooms is based on a contemporary version of Chinese Hutong, creating a sense of mystery and anticipation while moving through and discovering the rooms. Each private dining room was conceived and built as a floating glass box, with half of the walls covered in glass and finished with black marble and slate. While mysterious and simple on the outside, the private dining rooms are luxurious and intimate on the inside.
Fifty 8° Grill
Adjoining Mandarin Oriental’s Executive Apartments is an upscale restaurant, Fifty 8° Grill. Drawing inspiration from the concept of “Neo Deco New York,” Fifty 8° Grill is a fresh and modern take on Manhattan in the 1930s — rich and elegant, yet comfortable and welcoming.
Fifty 8° Grill features a signature leather and onyx bar and is adjacent to an immersive wine display that flanks the secondary entry. A large stone bread oven positioned at the far end of the restaurant and anchored by a communal chef’s table that floats into the center of the space, is the restaurant’s focal point. Once inside, rich red and brown leathers, walnut wood, stone, and glass create an atmosphere evocative of the exclusive New York hideaways.
Zest
To meet the all-day dining needs of the restaurant Zest, Brandimage and dash design developed a concept of “Woven Experiences” to serve as the basis for the multi-functioning space. A challenging convergence of cultures, occasions, and cuisines flourishes within a modern setting featuring light woods and neutral fabrics. Warm light bathes the restaurant from above, allowing the impressive selection of cooking stations throughout the restaurant to be the spotlight.
The Mandarin Cake Shop
The Mandarin Cake Shop, which adjoins Fifty 8° Grill, is a simple and elegant boutique. Based on a concept “Sweet Luxe,” the shop’s design celebrates the imagination of Mandarin pastry chefs and their sweet creations. The boutique features light wood and stone and an open plan, blending the classic with the contemporary and encouraging exploration and participation, as chefs prepare their fine pastries in plain view.
About Brandimage
Brandimage is a global consultancy of brand-equity architects and designers, united by a passion to strategically create meaningful brands that seduce at the point of decision and consistently engage across all facets of the consumer experience. Founded in 1971, by Joel Desgrippes in Paris, Brandimage today has offices in Europe, America, and Asia. Its global team of talented design and marketing experts build on their holistic expertise in brand strategy, innovation and consumer insight via a comprehensive portfolio of services: brand identity, industrial design, packaging, interactive, retail experience and architecture. Brandimage serves clients globally across a variety of industries, ranging from consumer packaged goods to luxury brands, health & beauty, retail, finance, education, technology, sports, entertainment and tourism. Brandimage is a part of Schawk, Inc. http://www.brand-image.com
About dash design
dash design is a New York-based interior design firm that combines innovative design with functionality. Their portfolio of work includes hotels, restaurants and retail stores. David Ashen, President, is sought out for his unique ability to extend a brand, embrace a concept and make it come to life. He has been the recipient of the “Wave of the Future” award by Hospitality Design, “Rising Star in Interior Design” award by the Fashion Group International, and was named “One of Ten to Watch” by New York Magazine. Current work includes projects in New York City, Greenwich, Washington D.C., Cincinnati, Shanghai, Charlotte and Istanbul. http://www.dashdesign.net
Source: Brandimage

Written by asiafreshnews

July 30, 2013 at 10:47 am

Posted in Uncategorized

New ESI Study Reveals Shortfall in ROI Measurement and Customer Focus Among PMOs in Singapore

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A cross-section of the third annual Global State of the PMO study was conducted to give insights into the effectiveness, maturity and value of PMOs in Singapore

SINGAPORE, July 29, 2013 /PRNewswire/ — ESI International, the world’s leading project management training company, today announced the key findings of its annual Global State of the PMO study, and a cross-section of the survey that was conducted within the project management office (PMO) sector in Singapore with 192 professionals holding project management and related roles. The global study sought to reveal the latest PMO trends in light of its function and current role, maturity level and involvement in training, based on responses gathered from over 2,300 respondents worldwide.

For decades, researchers have been trying to grapple with the concept of the PMO and how it works to improve overall business performance. Because project management has become integral across all industries and sectors, the PMO plays a vital role in offering strategic, tactical or operational guidance in day-to-day business through its involvement in project and programme delivery.

The results of this year’s global survey reinforce the belief that, while the PMO continues to be challenged by senior management, it is still vastly considered as a valuable body within the organisation. It was found that the so called “active PMOs” – or PMOs that engaged the most in learning sustainment and workplace performance management – were the most challenged. Acknowledging that bodies that are actively engaged in the organisation’s operations gain visibility and hence tend to generate more attention, this finding indicates a heightened dialogue between stakeholders and the more visible PMO, which can be interpreted as a positive development in the PMO’s evolution. The increased challenges of the most visible PMOs suggest their role is worth examining, refining and redefining as necessary.

Highlights of Global Findings:

  • Training and development on a downslide: In its efforts to monitor the level to which PMOs are the hub of training, ESI found the percentage of PMOs involved in training and development efforts has dropped significantly in every area. At the same time, PMOs are also managing more people than ever before, suggesting that the PMO is working with more project professionals in general without taking on an increased training function.
  • PMO as career paver: The PMO has proven to be a career-crucial body for project managers. Not surprisingly, the PMOs that measure both workplace performance and engage actively in learning sustainment tend to be the most involved in structuring the PM’s career path. It is no wonder, then, that these PMOs are also viewed as the most valuable to the people benefiting from the PMO’s activities. Three out of four active PMOs were reported as providing a structured path for project managers, compared to a global mean of 41 per cent.
  • Strategic PMOs most mature: Just under half of the PMOs surveyed worldwide were tactical or tactical with some strategic reach (46 per cent). About one in five (22 per cent) was strategic and roughly one in three (30 per cent) was operational in nature. The survey found that the PMOs with a strategic function, as opposed to a tactical or operational one, tended to be the most mature. In this survey, PMOs with an enterprise-wide approach proved to be the most mature.

Download ESI’s The 2013 Global State of the PMO report here:
http://www.esi-intl.com.sg/pdf/RR/ESI_Global_State_of_the_PMO_2013.pdf

The Singapore Perspective

Among the 192 project management professionals surveyed in Singapore, 72 per cent said they have an active PMO in their organisations, and 60 per cent said their PMOs have existed between 1 and 5 years.

Key Takeaways:

  • Challenges to the PMO’s value within the organisation: When asked whether the value, role or function of their PMOs have been formally challenged within the organisation, 57 per cent said no, as compared with 52 per cent for the global mean. Of those challenged, 81 per cent said that the PMO’s value has been challenged by senior management, while 45 per cent of those surveyed said that the customer and product owner have questioned the value of the PMO.
  • Effective monitoring, measurement and reporting of project management data: 67 per cent of respondents claimed their PMOs have been credited for better and more effective monitoring, measurement and reporting of project management data, leading to greater visibility at both executive and portfolio levels. Only 54 per cent said their PMOs have been responsible for improving the training and development of project-related staff.
  • Singapore PMOs not doing enough on hard skills training and certification: With regard to the provisioning of “hard skills” for project management training, only 34 per cent of those surveyed said their PMOs provide such direct training, as compared with the global mean of 50 per cent.
  • Singapore PMOs fall short on training ROI measurement: Only 7 per cent of PMO-managed staff said their PMOs use the return on investment (ROI) method to measure the impact of training. Most respondents cited “immediate post-training feedback forms” (71 per cent) and “follow-up evaluation” (64 per cent) as the two most common methods employed by their PMOs in measuring learning impact. The findings indicate a lack of the use of advanced training measurement methodologies among PMOs in Singapore.
  • Poor performance in learning transfer and sustainment: When it comes to PMOs’ involvement in helping project managers practice, master and sustain the skills they have learned through training, only 23 per cent said their PMOs provide practical assignments to test the newly acquired skills. Most respondents (69 per cent) cited that their PMOs were mostly involved through follow-up discussions and action planning after the learning event.
  • The lack of customer focus in measuring PMO effectiveness: Majority of the respondents (80 per cent) said they use “on-time and within-budget project delivery” as a benchmark to communicate and report on PMO effectiveness. Only 33 per cent factor in customer satisfaction as a benchmark for PMO effectiveness in Singapore, as compared with the global mean of 52 per cent.

“While PMOs have been in existence for some time, it hasn’t been since the last 10 years that the PMO has taken on a specific governance structure to align project delivery with stakeholders’ needs,” said Raed S. Haddad, Managing Director for Asia Pacific, ESI International. “In Singapore, there is more to be done when it comes to communicating the value of the PMO to senior management. PMOs here should start incorporating customer satisfaction as a key success benchmark to validate their value to both internal and external stakeholders. ”

Download ESI’s The 2013 Global State of the PMO: The Singapore Perspective report here:
http://www.esi-intl.com.sg/pdf/RR/ESI_PMO_The_Singapore_Perspective_2013.pdf

About ESI International
ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programmes through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programmes have benefited more than 1.35 million professionals worldwide.

For more information, please visit www.esi-intl.com.sg.

Source: ESI International

Written by asiafreshnews

July 30, 2013 at 10:06 am

Posted in All releases