Asia Fresh News

Asia Fresh Stories

Archive for August 20th, 2013

Hong Kong Jewellers Chow Tai Fook and Lukfook Shortlisted for JNA’s “Retailer of the Year” Award

leave a comment »

HONG KONG, Aug. 19, 2013 /PRNewswire/ — Two Hong Kong-based jewellery retailers have been shortlisted for the “Retailer of the Year” award at the second edition of the JNA Awards, the most prestigious awards event in the jewellery and gemstone industry.

(From left): Mr Gregory So Kam-leung, GBS, JP, Secretary for Commerce and Economic Development of the Government of HKSAR; Mr. Kent Wong, Managing Director of Chow Tai Fook Jewellery Group Limited; Mr. Wong Wai Sheung, Chairman and Chief Executive of Lukfook Group
(From left): Mr Gregory So Kam-leung, GBS, JP, Secretary for Commerce and Economic Development of the Government of HKSAR; Mr. Kent Wong, Managing Director of Chow Tai Fook Jewellery Group Limited; Mr. Wong Wai Sheung, Chairman and Chief Executive of Lukfook Group

Chow Tai Fook Jewellery Co Ltd (www.chowtaifook.com) and Luk Fook Holdings (International) Ltd (www.lukfook.com) were named Honourees in the category. The award’s second edition drew an impressive number of entries this year, according to JNA (Jewellery News Asia), the awards organiser.

“This year, we received an exceptionally high number of entries for the ‘Retailer of the Year’ category, and it is remarkable that the two shortlisted companies are from Hong Kong. This signifies Hong Kong’s importance not only in the jewellery and gemstone trade but also in retail,” said Letitia Chow, Founder of JNA and Chair of the JNA Awards 2013 judging panel. “We congratulate Chow Tai Fook and Lukfook for raising industry standards for excellence in retail. Their quality products and world-class business practices will have a positive impact on the long-term development of the global jewellery retail sector.”

Gregory So, Secretary for Commerce and Economic Development of the Government of HKSAR, said, “Hong Kong is Asia’s leading jewellery manufacturer and distribution centre. Our jewellery products are renowned for their excellent quality, stylish design, broad varieties and reasonable price. With the persistent efforts of our trade, we are honoured that our products gain great popularity from customers worldwide and are well-recognised in the global market.”

Kent Wong, Managing Director of Chow Tai Fook Jewellery Group Ltd, said, “The award further underscores Chow Tai Fook’s market leadership in jewellery retail.”

The 84-year-old company has an extensive retail network of more than 1,830 points of sale in Mainland China, Hong Kong, Macau, Singapore and Malaysia. It also has a growing presence in e-Commerce.

“We continue to raise our brand visibility in the high-end luxury jewellery market by introducing one-of-a-kind jewellery pieces. We don’t only showcase Chow Tai Fook’s sophisticated designs and exceptional craftsmanship, but we also represent our local peers in the world stage as a leading jeweller in Greater China,” the company managing director said.

Commenting on Lukfook being recognised as a finalist in the “Retailer of the Year” category, Wong Wai Sheung, Chairman and Chief Executive of Lukfook Group, said, “Lukfook was conferred with the coveted ‘Retailer of the Year’ award at the inaugural JNA Awards. It is a great achievement to be honoured once again.”

Founded in 1991, Lukfook Group is one of the leading jewellery retailers in Hong Kong and Mainland China. It has a retail network of more than 1,100 shops in Mainland China, Hong Kong, Macau, Singapore, the US and Canada.

“Lukfook is committed to maintaining the right balance between a diverse product selection and high product quality. Our emphasis on product selection, stringent quality assurance and after-sales services differentiates us from other brands. We will continue to uphold a high standard of excellence in what we do,” the Lukfook chairman continued.

This year’s judging panel is comprised of five industry experts namely Albert Cheng, managing director of the World Gold Council — Far East (WGC); James Courage, chief executive of Platinum Guild International (PGI); Lin Qiang, president and managing director of the Shanghai Diamond Exchange (SDE); Nirupa Bhatt, managing director of the Gemological Institute of America (GIA) in India and the Middle East; and Vichian Veerasaksri, director of the World Jewellery Confederation (Cibjo) and advisor to the Thai Gem and Jewelry Traders Association (TGJTA).

The Award Recipients and Honourees will be feted at an awards ceremony and gala dinner scheduled for 12 September at The Grand Hyatt, Hong Kong. The event will be held on the sidelines of the September Hong Kong Jewellery & Gem Fair, which will run from 11 to 17 September.

The JNA Awards is an industry-wide event that honours and recognises excellence and achievement in the global jewellery trade with a focus on companies and individuals that have made significant contributions to the Asian gemstone and jewellery trade. The awards ceremony and gala dinner is a ticketed event by application only. Interested parties may submit their request by logging on to http://www.JNAawards.com.

Notes for Editors:

1. AboutJNA

JNA, first published in 1983, is the flagship magazine of UBM Asia’s Jewellery Group. The publication is a leader in providing the latest industry updates and in-depth reports, covering the international jewellery trade with an Asian insight. Following its success, the publication launched its online edition in June 2011.

2. About the Headline Partners

2.1 Rio Tinto Diamonds (www.riotintodiamonds.com)

As one of the largest producers of rough diamonds in the world, Rio Tinto Diamonds enjoys an important presence in the international diamond market through its 100 percent control of the Argyle mine, 60 percent of the Diavik mine, 78 percent interest in the Murowa mine and an advanced diamond project in India. Rio Tinto Diamonds’ productions are sorted and prepared for sale at its sales and marketing headquarters in Antwerp, Belgium, supported by a network of representative offices in Hong Kong, Mumbai and New York. Rio Tinto Diamonds maintains an extensive industry intelligence network and a high level of customer and product support. The company also believes in supporting consumer confidence in diamonds and plays an active role in addressing key industry issues around product integrity and sustainable development. Rio Tinto Diamonds is a founding member of the Responsible Jewellery Council, the not-for-profit organisation established to reinforce consumer confidence in the jewellery industry.

2.2 Chow Tai Fook Jewellery Group Limited

Chow Tai Fook Jewellery Group Limited (Chow Tai Fook), listed on the Main Board of the Stock Exchange of Hong Kong in 2011, is today’s largest jeweller by market capitalisation in the world. With a heritage and long-standing reputation spanning more than 80 years, the iconic brand “Chow Tai Fook” is recognised for its trustworthiness and authenticity, and renowned for its product design, quality and value. Chow Tai Fook has an extensive retail network with over 1,800 points of sale spanning 400 cities in Greater China, Singapore and Malaysia, and a rapidly growing presence in e-commerce. Chow Tai Fook’s fundamentals and growth dynamics are strong, and it aspires to become the world’s most trusted Asian jewellery brand.

3. About the Honoured Partners

3.1 Gubelin

Since 1854, Gubelin has stood for the highest standards in jewellery and gemstones. With its wide range of selected gems and signature jewellery collections, the family-owned business has established its presence in Switzerland’s premier locations including Lucerne, Zurich, Basel, Bern, Lugano, St. Moritz and Geneva. Gubelin runs its first boutique in Asia at the famous Starhill Gallery in Kuala Lumpur, Malaysia. At the head of the business, now in its sixth generation, stands Raphael Gubelin. Besides the jewellery retail stores and the Gubelin Ateliers, the corporate group also operates the Gubelin Gem Lab, a world-renowned scientific gemstone laboratory with its headquarters in Switzerland and an office in Hong Kong. As head of the company, Raphael Gubelin is continuing his father’s business philosophy and nurturing the company’s traditional values of genuineness, purity, exclusivity, quality and authenticity.

3.2 Israel Diamond Institute (www.israelidiamond.co.il)

The Israel Diamond Institute (IDI) Group of Companies is a non-profit, public interest company that represents all organisations and institutions involved in Israel’s diamond industry. Israel is one of the world’s leading diamond centres, and the Israeli diamond industry has an illustrious and impressive history dating back to the late 1930s. IDI works for the benefit of Israel’s diamond industry. Its responsibilities include marketing and public relations, build-up of R&D capabilities, rough sources promotion, professional development and training, publication of professional literature and security consultancy. IDI is also responsible for industry participation in major trade fairs around the world, organising Israeli Diamond Pavilions, receptions, press conferences and other events at these fairs. IDI operates a representative office in Hong Kong, which fosters trade relations with Asian markets.

3.3 KARP Group

With over four decades of experience and expertise in the diamond trade, KARP caters to international luxury brands. Apart from being a DTC Sightholder, the group is recognised as an “institution” in the industry, using the most technologically advanced manufacturing systems in the business. KARP manufactures a huge array of products, from 0.005-carat goods to stones weighing 10 carats and above. It excels in the production of certified fine makes, fancy-cut goods and fancy coloured diamonds. The manufacturer is one of the few companies that has achieved up to 5-micron precision in diamond manufacturing.

3.4 Robert Wan Tahiti

Based in Papeete, Tahiti, the Robert Wan Group is a global brand that focuses its activities around the culture of Tahitian pearls. The Group is represented in Europe, Hong Kong, Mainland China, Japan, the Middle East and Oceania. The brand represents the culmination of Robert Wan’s vision to create timeless exquisite pearl jewellery, from elegant chokers and sautoirs of gem-quality pearls from his farms in South Marutea. One of the industry pioneers, Robert Wan is known as the “Emperor of Pearls.”

3.5 Shanghai Diamond Exchange

The Shanghai Diamond Exchange is the only transaction platform authorised by the State Council for the import and export of diamonds in mainland China. It is a member of the World Federation of Diamond Bourses.

4. About UBM Asia

Owned by UBM plc, which is listed on the London Stock Exchange, UBM Asia operates in 18 market sectors with headquarters in Hong Kong and subsidiary companies across Asia. We have over 240 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia’s leading exhibition organiser and the biggest commercial organiser in China, India and Malaysia, we stage the leading events of their kind across the region. Our 200 events, 24 publications and 16 vertical portals serve over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high-value face-to-face business-matching events, quality and instant market news and industry trends, and round-the-clock online trading networks and sourcing platforms. We have 1,000 staff in 21 major cities across Asia, stretching from Japan to Turkey.

5. About UBM plc

UBM plc is a leading global company. We inform markets and bring the world’s buyers and sellers together at events, online and 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 jewellery traders, and from farmers to pharmacists around the world. Our 6,600 staff in more than 31 countries are organised into specialist teams that serve these communities, helping them to do business effectively and efficiently.

6. About UBM Awards

UBM Awards and Partnerships is UBM plc’s awards organiser and producer. Based in London, UBM Awards and Partnerships specialises in end-to-end delivery of cross-sector awards programmes and bespoke events worldwide. UBM Awards and Partnerships organises more than 30 awards and bespoke events annually including the UK’s National Business Awards and National Sales Award.

For more information, contact:

JNA
UBM Asia (Hong Kong)
+852-2516-1630
enquiries@jnaawards.com
Source: UBM Asia Ltd

Written by asiafreshnews

August 20, 2013 at 12:16 pm

Posted in Uncategorized

Sasol Disposes of its Investment in the Iranian Joint Venture Arya Sasol Polymer Company (“Arya”)

leave a comment »

JOHANNESBURG, Aug. 19, 2013 /PRNewswire/ — On 16 August 2013, Sasol Investment Company (Pty) Limited, a wholly owned subsidiary of Sasol, entered into a definitive sale and share purchase agreement pursuant to which Main Street 1095 (Pty) Limited, a South African subsidiary of an Iranian investor, completed and effected the acquisition of 100% of the shares of SPI International (Pty) Limited (“SPII”)(“Transaction”). SPII is the indirect owner of a 50% interest in Arya.

As described in our most recent trading statement of 1 August 2013, the fair value of Sasol’s investment in Arya was written down to R2,3 billion. This was based on our assessment of the fair value of Arya as well as the accounting requirement to recognise operating profits of approximately R1,6 billion for the second half of the 2013 financial year.

As a result of this Transaction, Sasol has no on-going investment in Iran.

Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 12 October 2012 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

About Sasol:

Committed to excellence in all we do, Sasol is an international integrated energy and chemical company that leverages the talent and expertise of our more than 34 000 people working in 38 countries. We develop and commercialise technologies, and build and operate world-scale facilities, to produce a range of product streams, including liquid fuels, chemicals and electricity.

While continuing to support our home-base of South Africa, Sasol is expanding internationally based on a unique value proposition, which links our diverse businesses into an integrated value chain supported by top-class functions.

Issued by:

Alex Anderson, Group Media Manager
Direct telephone +27(11)441-3295; Mobile +27(0)71-600-9605;
alex.anderson@sasol.com

Jacqui O’Sullivan, GM: Group Communication
Direct telephone +27(11)441-3252; Mobile +27(0)82-883-9697;
jacqui.osullivan@sasol.com
Source: Sasol

Written by asiafreshnews

August 20, 2013 at 11:35 am

Posted in Uncategorized

Generics Market Taking Centre Stage in South East Asia

leave a comment »

KUALA LUMPUR, Malaysia, Aug. 20, 2013 /PRNewswire/ — The Southeast Asian pharmaceuticals industry is fast taking up centre stage in the region, and continues to gain attention and demand from both patients and governments. By 2016, the market is forecasted to grow to US$3.9 billion.

Marcus Pitt, President Director/CEO, SOHO Group, who will be speaking at the upcoming CPhI Generics Southeast Asia Summit 2013, notes that “As the developing economies continue to grow – there appears to be a greater concern of governments to establish greater access to healthcare. This is evidenced in markets such as Indonesia where the government is soon to implement its ‘universal health coverage’ initiative. This is a huge undertaking by the government who within the next four years has targeted touching on over 90% of the population – a huge undertaking given Indonesia’s population of 240 million people. The pharmaceutical market dominated by local players has been gearing up its production and distribution infrastructure to cope with the expected multiple increases in generics. The market still enjoys the categories of branded and unbranded – with price points segmented based on the characteristics of socio economic factors.”

Macroeconomic factors including regional government policies, stable economies, and booming population are driving generics in the region and the pharmaceutical industry are looking leverage the demand. Dr. Jennifer Jian Kang, Senior Patent Attorney of Bayer Healthcare (China) who will also be speaking at the regional Generics Summit also commented that “Generics will grow in the next 5-10 years. But without a balanced environment for cultivating innovation, such development will not be sustainable.” Another speaker, Rhett Hemedes, Head – OTC Marketing of Great Eastern Drug Co. Ltd. also adds, “Access and distribution are closely interlinked and is a fundamental part of our operations. With a more mobile, digitised and engaged lifestyle, certain channels will emerge with the Asian Economic Community expected to impact in 3 years’ time. Partnering with leading organisations in this area needs to be strengthened and understood on a country-centric basis. Various ways of working and cooperation also needs to be considered to ensure that the products are made available where consumers will need the products most.”

The CPhI Southeast Asia Summit 2013 will take place in Bangkok from 23 – 25 September. The Summit is a platform for business knowledge sharing and networking amongst top tier government, buyers, distributors, big pharma as well as regional and local manufacturers. It will address macroeconomic factors, policies, issues and drivers affecting the pharmaceutical industry in Southeast Asia with speakers from the Ministry of Health, Malaysia, Food and Drug Administration, Philippines, SOHO Group, MEGA WeCare, Great Eastern Drug and many more.

For more information about CPhI Generics Southeast Asia Summit 2013, please visit: http://www.cphigenericssea.com

About CPhI:

CPhI Conferences deliver the latest pharma market insight, in-depth case studies and exceptional networking opportunities through a programme of high-level conferences. The worldwide series of events, spanning four continents, provides the optimum forum for you to learn, make new business connections and identify the latest growth opportunities.

Delivered by expert teams in each region, every conference is extensively researched with leading professionals, ensuring that CPhI Conferences tackle the most business critical issues facing the pharma industry today.

For more information about CPhI, please visit – http://www.cphiconferences.com

About the Organiser

UBM is a global live media and B2B communications, marketing service and data provider. We help organisations make connections, communicate their proposition and do business effectively. We enable professional people in more than 40 countries around the world to connect and engage with each other, with the markets they serve and with the information they need to succeed. And we do this by whatever means works best – at live events, through digital media or in publications.

Our 6,500 expert staff are deeply embedded in the many specialist communities we serve, bringing both an unusual depth of understanding and real know-how. We organise hundreds of live events each year; we provide data, marketing and information products; we offer a portfolio of market-leading online and print titles; and we support professional communicators through our targeting, distribution and monitoring services.

Our culture of innovation and collaboration brings our people together around common interests to create value, enhancing our ability to do exactly the same for UBM customers. So, whatever their business and wherever they operate, our customers do better business through us.

For more information about UBM, please visit – http://www.ubm.com

Media Contact:

Marcus Chan
Senior Marketing Associate (ASEAN)
DID : +603-2176-8703
HP : +601-2227-7286
E-mail: Marcus.chan@ubm.com
Source: UBM Conferences (ASEAN)

Written by asiafreshnews

August 20, 2013 at 11:18 am

Posted in Uncategorized

Peter Pao Joins BGC Hong Kong As Director, Greater China

leave a comment »

Appointment underscores BGC’s commitment to developing its business in Greater China

NEW YORK, Aug. 19, 2013 /PRNewswire/ — BGC Partners, Inc. (NASDAQ:BGCP) (“BGC Partners” or “BGC”), a leading global brokerage company servicing the wholesale financial and real estate markets, today announced the appointment of Peter Pao as Director, Greater China. Mr. Pao, who brings more than thirty years of broking experience and capital markets expertise, joins BGC Hong Kong to manage its business across Greater China and to pursue regional business opportunities. He will be based in Hong Kong and will report directly to Len Harvey, Executive Managing Director and General Manager, Asia-Pacific.

(Logo: http://photos.prnewswire.com/prnh/20110720/MM38935LOGO)

“I’m delighted to welcome Peter to our growing Asia-Pacific management team,” said Len Harvey. He continued: “Peter has enjoyed a successful career within the inter-dealer broker industry. He has a deep understanding of the opportunities within this region, and his strong relationships with key financial institutions together with his extensive managerial experience, make him an ideal addition to our firm as we focus on growth within this critical region.”

“I am delighted to join Len and his team and to leverage my industry experience to capitalize on new opportunities across Greater China,” said Mr. Pao. He continued: “BGC has a terrific reputation due to its impressive business growth, sophisticated technology platform, and the caliber of its management team which I am excited to be a part of.”

Mr. Pao joins BGC from Tullett Prebon where he was Chairman of Greater China and General Manager of TP Sitico. Previously, he was Managing Director, Greater China, at Tullett Prebon. His other career highlights included serving as Chairman of the Inter-dealer Brokers’ Association of Hong Kong and serving on the Executive Board of the Treasury Markets Association in Hong Kong.

About BGC Partners, Inc.

BGC Partners is a leading global brokerage company primarily servicing the wholesale financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. Through its BGC Trader and BGC Market Data brands, BGC offers financial technology solutions, market data, and analytics related to select financial instruments and markets. Through the Newmark Grubb Knight Frank brand, the Company offers a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. For more information, please visit http://www.bgcpartners.com.

BGC, BGC Trader, Grubb & Ellis, Grubb and Newmark are trademarks and service marks of BGC Partners, Inc. and its affiliates. Knight Frank is a service mark of Knight Frank Limited Corp., used with permission.

Discussion of Forward-Looking Statements by BGC Partners

Statements in this press release regarding BGC Partners’ business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in the Company’s public filings, including the most recent Form 10-K and any updates to such risk factors contained in subsequent Form 10-Q or Form 8-K filings.
Source: BGC Partners, Inc.
Related stocks: NASDAQ-NMS:BGCP
多媒体新闻
Related Keywords:

Banking/Financial Service

Real Estate

Personnel announcements
Recent Releases

Jaspersoft Business Intelligence Put JustCommodity’s Customers on the Forefront of Market Information to Improve Trading Insight and Productivity 2013-08-20
Frost & Sullivan Applauds Fraser Alexander for Advancing Innovations in AMD and MIW Treatment 2013-08-20
International Binary Options Competition 2013-08-20
Promising Mayo Clinic Study Shows Wisconsin Ginseng Helps Reduce Fatigue In Cancer Patients 2013-08-20
Frost & Sullivan Recognizes Hempel’s Continued Growth while Overcoming the Challenges of the Protective and Marine Coatings Market 2013-08-19
Go to MediaRoom

Banking/Financial Service Recent Releases

Jaspersoft Business Intelligence Put JustCommodity’s Customers on the Forefront of Market Information to Improve Trading Insight and Productivity 2013-08-20
Biostar Pharmaceuticals, Inc. Announces Second Quarter 2013 Financial Results 2013-08-20
International Binary Options Competition 2013-08-20
ChinaSoft International Announces 2013 Interim Result 2013-08-19
DX.com Global Flash Sale Campaign! 2013-08-19
Read more

Real Estate Recent Releases
Personnel announcements Recent Releases

Written by asiafreshnews

August 20, 2013 at 11:06 am

Posted in Uncategorized

TheLuxeNomad.com Closes AUD 768,773 in Funding

leave a comment »

Luxury Travel Portal Secures Funds for Growth and Expansion in Booming Australia Travel Industry

SINGAPORE, Aug. 16, 2013 /PRNewswire/ — Members-only, luxury travel booking portal, TheLuxeNomad.com, a new favourite among Australian bloggers and celebrities, has secured AUD 768,773 of new funding to both strengthen the company’s lead in the Australasian travel market and support its regional expansion plans. The fundraising round was led by Singapore-based VC, Innosight Ventures, with participation from Japanese investors, Zipan Enterprise Network.

Stephanie Chai, CEO and Founder of TheLuxeNomad.com
Stephanie Chai, CEO and Founder of TheLuxeNomad.com

Luxury travel portal, TheLuxeNomad.com
Luxury travel portal, TheLuxeNomad.com
Launched in July 2012, TheLuxeNomad.com entered the US$554 billion Asian travel market with the innovative concept of offering flash sales and best available rates for luxury hotels, resorts and villas. Whilst flash sales are popular in the United States and Europe, it is a new concept to the region as member-sites such as TheLuxeNomad.com offer exclusive, time-limited deals not found elsewhere. With destinations such as Bali and Thailand a favourite for Australians, the fast-growing start-up now plans to expand its market share down under.

Founded by model-turned-entrepreneur, Stephanie Chai, the site works closely with celebrities and known personalities to review partner hotels and destinations. In the past, they have collaborated with Margaret Zhang, style blogger of Shine By Three and fashion reporter for Harper’s Bazaar AU, and model/TV reporter Rachel Finch, who spent her honeymoon earlier in the year at the exclusive Sri Panwa resort in Phuket. Leveraging off the aspirational nature of celebrity travels, the celebrity quotient of the site has helped the start-up garner sizeable publicity, which in turn aided in its swift brand build-up.

34 percent monthly revenue growth — TheLuxeNomad.com has achieved an average 34 percent growth on monthly revenue within the last ten months.

Over 200 hospitality partners — The start-up has tripled its inventory with over 200 partnering hotels and resorts spanning across Asia-Pacific and Europe.

The additional financial backing will allow TheLuxeNomad.com to expand its team and hotel inventory across the region, as well as invest in technology to innovate and transform the way people plan and book their holidays.

About TheLuxeNomad.com

TheLuxeNomad.com is an exclusive members-only site that offers Flash Sales and 24/7 Best Available Rates of luxury hotels and resorts. Flash sales offer discounts of up to 70% and membership is free.

The site displays a curated list of stunning properties with personalized editorial content from the team and selected celebrity “nomads on-the-go”. Celebrity Nomads include Asha Gill, TV host on the TLC Channel; Godfrey Gao, the first Asian male to front a Louis Vuitton campaign; and Jocelyn Luko, Hong Kong’s favourite supermodel.

The site is run by Singapore-based, Luxe Nomad Private Limited — a team of passionate travellers with diverse backgrounds ranging from Investment Banking, Law to Linguistics. Luxe Nomad Pte Ltd also maintains offices in Kuala Lumpur and Hong Kong. Visit the site at http://www.theluxenomad.com.

About Stephanie Chai, CEO of TheLuxeNomad.com

A former model and host, New-Zealand-born and educated, Stephanie Chai, first began her entrepreneurial career in 2009 when she founded the regional wedding portal, WeddingGuideAsia.com. Since its inception, the site has attracted over 300,000 readers a year, and has had partnerships with HELLO! Singapore and MSN Malaysia.

A graduate in Finance and International Business from the University of Auckland, TheLuxeNomad.com represents Stephanie’s latest venture into the business of travel — her personal take to inspire people to travel without breaking the bank.

Media Contact:
Alexandra Seitz
PR Manager
+852-6106-6781
alex@theluxenomad.com
Source: TheLuxeNomad.com

Written by asiafreshnews

August 20, 2013 at 10:48 am

Posted in Uncategorized

TheLuxeNomad.com Closes SGD 888,232 in Funding

leave a comment »

Luxury Travel Portal Secures Funds for Growth and Expansion in Booming Asian Travel Industry

SINGAPORE, Aug. 16, 2013 /PRNewswire/ — Members-only, luxury travel booking portal, TheLuxeNomad.com, has secured SGD 888,232 of new funding — an auspicious step — to both strengthen the company’s lead in the Asian travel market and support its regional expansion plans. The fundraising round was led by Innosight Ventures, the venture arm of global innovation and strategy consulting firm, Innosight, with participation from Japanese investors, Zipan Enterprise Network, and a private investor.

Stephanie Chai, CEO and Founder of TheLuxeNomad.com
Stephanie Chai, CEO and Founder of TheLuxeNomad.com

Luxury travel portal, TheLuxeNomad.com
Luxury travel portal, TheLuxeNomad.com

Launched in July 2012, TheLuxeNomad.com entered the USD 554 billion Asian travel market with the innovative concept of offering flash sales and best available rates for luxury hotels, resorts and villas.

Founded by model-turned-entrepreneur, Stephanie Chai, the site appoints celebrities and known personalities to review partner hotels and destinations. Leveraging off the aspirational nature of celebrity travels, the celebrity quotient of the site has helped the start-up garner sizeable publicity which in turn aided in its swift brand build-up.

34 percent monthly revenue growth — TheLuxeNomad.com has achieved an average 34 percent growth on monthly revenue within the last ten months.
Over 200 hospitality partners — The start-up has tripled its inventory with over 200 partnering hotels and resorts spanning across Asia-Pacific and Europe.

The additional financial backing will allow TheLuxeNomad.com to expand its team and hotel inventory across the region, as well as invest in technology to innovate and transform the way people plan and book their holidays.

Stephanie Chai, CEO of TheLuxeNomad.com, says, “Our growth, given the financial constraints we faced as a young start-up, can be credited to our ability as a team to produce innovative, win-win solutions to build our hotel listings and database. The result a year on is a successful, lean and cohesive business that has achieved strong earnings and that is still growing at a gaining momentum.”

“Not only have we provided our members and consumers with quality deals of good value, we are also now seen as an important tool for hotel revenue managers in a long term strategy to increase occupancy rates in their hotels and resorts.”

Piyush Chaplot, VP of Innosight Ventures, reveals, “TheLuxeNomad.com is a smart solution to challenges in the supply and demand side of the travel industry. With flash sales, hotels are able to offload unsold inventory to the site’s private, membership-only database. At the same time, TheLuxeNomad.com solves the issue of information overload found on many other travel sites by adding a much-needed personalised touch with its curated list of properties.”

“One of my recurring business goals has always been to try and bridge the gap between Japan and the rest of Asia. The innovative concept behind TheLuxeNomad.com is set to modernize the travel industry in Asia,” expresses Zen Yamamoto, CEO of Zipan Enterprise Network. “Japan is one of Asia’s strongest performers with a predicted double-digit growth rates for its outbound travel this year. This fact coupled with the increasing popularity of Japan as a destination for Asian travellers is why we believe our investment in TheLuxeNomad.com can play a pivotal role in inspiring travel between Japan and the rest of Asia. ”

About TheLuxeNomad.com

TheLuxeNomad.com is an exclusive members-only site that offers Flash Sales and 24/7 Best Available Rates of luxury hotels and resorts. Flash sales offer discounts of up to 70 percent and membership is free.

The site displays a curated list of stunning properties with personalized editorial content from the team and selected celebrity “nomads on-the-go”. Celebrity Nomads include Taiwanese actor Godfrey Gao, Miss Malaysia Universe 2011, Deborah Henry and Hong Kong supermodel Jocelyn Luko.

The site is run by Singapore-based, Luxe Nomad Private Limited — a team of passionate travellers with diverse backgrounds ranging from Investment Banking, Law to Linguistics. Luxe Nomad Pte Ltd also maintains offices in Kuala Lumpur and Hong Kong. Visit the site at http://www.theluxenomad.com.

About Stephanie Chai, CEO of TheLuxeNomad.com

New-Zealand-born Eurasian Stephanie Chai, first began her entrepreneurial career in 2009 when she founded the regional wedding portal, WeddingGuideAsia.com. Since its inception, the site has attracted over 300,000 readers a year, and has had partnerships with HELLO! Singapore and MSN Malaysia. A graduate in Finance and International Business from the University of Auckland, TheLuxeNomad.com represents Stephanie’s latest venture into the business of travel — her personal take to inspire people to travel without breaking the bank.

A former model and host for broadcast programmes across Singapore and Malaysia, Stephanie currently resides in Singapore, managing her time between the regional offices of TheLuxeNomad.com.

About Innosight Ventures

Innosight Ventures is the venture investing arm of Innosight, a global innovation and strategy consulting firm, co-founded by Harvard Professor and innovation thought-leader, Clayton Christensen, in 2000. Singapore-based Innosight Ventures identifies ventures that fit the patterns of Disruptive Innovation and supports them with funding and strategic assistance. To read more, visit http://www.innosightventures.com.

About Zipan Enterprise Network

Japanese-owned Zipan Enterprise Network is run by young entrepreneur, Zen Yamamoto, who is the third generation descendent of the Yamamoto family of Zipan Group, which runs a number of Toyota dealerships in Kyoto. Having managed brand development strategy at Toyota and Lexus Headquarters (USA), Zen has steered his company to expand outside of Japan and venture into diverse industries and fast-growing enterprises in South East Asia.

For more information and high-resolution images, please contact:

Bless Inc. Asia Private Limited

Karen Chen
+65-6694-5590
+65-9835-0249
karen@blessinc.net

Daryl Dee Teo
+65-6570-2707
+65-9670-1646
dee@blessinc.net
Source: TheLuxeNomad.com

Written by asiafreshnews

August 20, 2013 at 10:24 am

Posted in Uncategorized