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Archive for October 3rd, 2013

Chateau Quintus Acquires Chateau L’Arrosee

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SAINT-EMILLION, France, Oct. 2, 2013 /PRNewswire/ — Domaine Clarence Dillon announces the acquisition of Chateau L’Arrosee by its wholly owned subsidiary, Quintus SAS

The Dillon Family are pleased to announce the completion of the acquisition of Chateau L’Arrosee by its neighbour, Chateau Quintus.

“By uniting these two exceptional estates we have improved our team’s ability to make one of the very finest wines of Saint-Emillion. This merger of equals will prove that the whole can be greater than the two parts. I am confident that this vineyard will soon come to rival its Domaine Clarence Dillon siblings as one of the finest wines of our region”

Prince Robert of Luxembourg (President, Quintus SAS)

To view the Multimedia News Release, please click:

http://www.multivu.com/mnr/61925-vintage-chateau-quintus-le-dragon-de-quintus-wine

The 2013 crop and vintage will be overseen by the Domaine Clarence Dillon and Chateau Quintus team. Chateau Quintus now comprises 28 hectares of vines. The larger entity will benefit from the knowledge already acquired at Chateau Quintus and be subject to the same attention to detail and draconian selection which have already yielded their fruit over the past two vintages.

DOMAINE CLARENCE DILLON

Created in 1935, the family-owned and managed company, Domaine Clarence Dillon, has the unique privilege of producing five rare and exceptional estate wines: two red wines and two white wines from First Growth, Château Haut-Brion and its sibling Château La Mission Haut-Brion. Since the 2011 vintage, the company is also proud to represent one of the finest wines from Saint Emilion: Château Quintus.

In 2005, the Company created the Bordeaux Fine Wine Merchant, Clarence Dillon Wines, and launched Clarendelle, “Inspired by Haut-Brion”, Bordeaux’s first super premium luxury brand wine, thus testifying to the far-sighted spirit that has characterized Domaine Clarence Dillon from the onset.

As wardens of three mythical Estates, steeped in close to two millennia of history, the family company strives to have this deep heritage reflected in all of the wines produced under its name. Domaine Clarence Dillon combines tradition with innovation in order to extract the quintessence of an exceptional terroir and produce comprehensive families of authentic wines that are defined by their complexity and elegance.

If you would like more information, please contact Sabrina Ubinana at +33(0)1-40-73-87-23 or email at s.ubinana@domaineclarencedillon.com

Video: http://www.multivu.com/mnr/61925-vintage-chateau-quintus-le-dragon-de-quintus-wine
Source: Domaine Clarence Dillon

Written by asiafreshnews

October 3, 2013 at 11:40 pm

Posted in Uncategorized

Cellebrite Prevails as Court Upholds All Nine Counts in Complaint Against Micro Systemation AB and MSAB, Inc.

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PETAH TIKVAH, Israel and GLEN ROCK, N.J., Oct. 2, 2013 /PRNewswire/ — Following Court’s Rejection of MSAB’s Motion to Dismiss, Cellebrite Moves Forward With its Copyright Infringement and Misappropriation of Trade Secrets Action

Cellebrite, the leading provider of mobile forensic solutions, today announced that the U.S. District Court for the Eastern District of Virginia has rejected Micro Systemation AB’s motion to dismiss all nine counts in a copyright infringement, misappropriation of trade secrets, trademark infringement, and unfair competition Complaint filed by Cellebrite against Micro Systemation AB, and its wholly owned subsidiary, MSAB, Inc. The case will now proceed through the discovery phase and then to trial.

(Logo: http://photos.prnewswire.com/prnh/20130123/588983)

The Complaint alleges, among other things, that Micro Systemation unlawfully extracted Cellebrite’s copyrighted software and trade secrets from Cellebrite’s UFED products for Cellebrite’s Samsung and BlackBerry physical extraction solutions, reverse engineered, modified, and then integrated Cellebrite’s copyrighted software and trade secrets directly into Micro Systemation’s XRY software.

“We are confident in the strength of our claims against Micro Systemation AB and MSAB, Inc,” said Ron Serber, Cellebrite Corporate Co-CEO. “The Court’s rejection of the motion to dismiss is further validation of the factual and legal support for these very serious charges. We will continue to take all appropriate action to protect Cellebrite’s significant investments in innovation and development of cutting edge solutions for our customers and intend to pursue this case vigorously.”

About Cellebrite

Founded in 1999, Cellebrite is a global company known for its technological breakthroughs in the cellular industry. A world leader and authority in mobile data technology, Cellebrite established its mobile forensics division in 2007, with the Universal Forensic Extraction Device (UFED). Cellebrite’s UFED Series solutions enable the bit-by-bit extraction and in-depth analysis of data from thousands of mobile devices, including feature phones, smartphones, portable GPS devices, tablets and phones manufactured with Chinese chipsets.

Cellebrite’s UFED Series is the prime choice of forensic specialists in law enforcement, military, intelligence, corporate security and e-discovery agencies in more than 60 countries.

Cellebrite is a wholly-owned subsidiary of the Sun Corporation, a listed Japanese company (6736/JQ).

Contact:
Dror Haliva
Tel: +972-3-9260907
dror@cellebrite.com
Source: Cellebrite

Written by asiafreshnews

October 3, 2013 at 11:31 pm

Posted in Uncategorized

Global Surge in Oil and Gas Exploration Fuels Upstream Oil and Gas Market in Southeast Asia, Finds Frost & Sullivan

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— Malaysia and Indonesia present crucial opportunities for the development of deepwater and marginal fields

KUALA LUMPUR, Malaysia, Oct. 2, 2013 /PRNewswire/ — Southeast Asia is poised to become one of the global hot spots for upstream oil and gas (O&G) activities over the next five years owing to the global surge in O&G exploration and production (E&P). Exploration, primarily in marginal and deepwater fields, is receiving a boost due to declining production in existing fields, unexplored acreages with high hydrocarbon potential, and advancements in deepwater production technology.

Based on current reserve discoveries and each Southeast Asian country’s O&G development program, new analysis from Frost & Sullivan (http://www.energy.frost.com), Strategic Analysis of the Upstream Oil and Gas Market in Southeast Asia, finds that the market earned revenues of US$38.75 billion in 2012 and estimates this to reach US$58.32 billion in 2017 at a compound annual growth rate of 8.5 percent.

“Technological enhancements, increasing gas demand, and rising oil prices have made marginal fields attractive for development, propelling the growth of drilling rigs and pipeline installations in Southeast Asia,” said Frost & Sullivan Energy and Environmental Research Analyst Pradi Wigianto. “Declining O&G production in conventional shallow water fields has also encouraged investments in the exploration of deepwater and marginal fields.”

Malaysia and Indonesia present the highest potential for deepwater and marginal fields’ development. Marginal fields, in particular, will drive the upstream O&G market in Malaysia as related investment policies have already been deployed. In Indonesia, the government has released additional incentive schemes and tax holidays to attract investments for E&P in deepwater and marginal fields.

The lack of government initiatives in many other Southeast Asian nations may, however, dissuade investors from entering the region’s market. Investment opportunities in E&P are fraught with high risks as potential fields are found in remote areas, heightening production costs due to their location and lack of infrastructure. Nevertheless, opportunities exist for O&G equipment suppliers and service companies to provide investors with the latest equipment using breakthrough technology at a competitive cost.

“Southeast Asian countries are trying to structure an appealing investment regulation for foreign participation in the upstream O&G market without comprising on national policy,” noted Wigianto. “In the newly opened markets of Myanmar and Cambodia especially, policies regarding O&G investments are in the drafting stage, and will stimulate exploration and expansion in the coming years.”

If you are interested in more information on this research, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

Strategic Analysis of the Upstream Oil and Gas Market in Southeast Asia is part of the Energy & Power Growth Partnership Service program. Frost & Sullivan’s related research services include: Global Oil & Gas Refinery Maintenance, Repair, and Operations Services Market and Pumps Market in the European Shale Gas Industry. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on “the next big thing”
Register: Gain access to visionary innovation

Strategic Analysis of the Upstream Oil and Gas Market in Southeast Asia
P77B-14

Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

Melissa Tan
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://www.frost.com
Source: Frost & Sullivan

Written by asiafreshnews

October 3, 2013 at 11:22 pm

Posted in Uncategorized

Revamped HKNet’s SecureNet Managed Network Services Features Industry Leading Latency and Bandwidth

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With round-trip latency of 1.2ms within any Hong Kong PoP and highly scalable bandwidth from 1Mbps to 10Gbps
HONG KONG /PRNewswire/ — HKNet Company Limited, a subsidiary of NTT Communications, is changing the networking landscape with SecureNet Managed Network Services (“SecureNet”). The feature-laden connectivity suite answers enterprises’ needs for interoperability, speed, scalability and customization.
“Enterprises want a flexible, scalable and reliable managed network service that seamlessly connects across different networking platforms. SecureNet bolsters interoperability, scalability and speed by placing our decades of experience, deep expertise and strong track record at enterprises’ fingertips,” said Patrick Ng, Executive Vice President, Global Network Business Division, NTT Com Asia Limited which operates HKNet.
The service revamps HKNet’s previous SecureNet IP-VPN service by supporting hybrid network solutions that leverage MPLS IP-VPN, Carrier Ethernet and layer-1 connectivity. The enhanced SecureNet not only offers an industry-leading round-trip latency in Hong Kong, but also expands its coverage to Asia. Essentially a suite of highly-scalable and any-to-any seamless connectivity services, the new SecureNet is designed for MNCs, especially finance, IT, retail, logistics and manufacturing industries with operations in Asia.
Key benefits include:
Seamless connectivity: Any-to-any connectivity across different layers of Open Systems Interconnection (OSI), with different types of networks from fixed to mobile, and the ability to adopt advanced network technologies from MPLS to the latest PBB-TE (Provider Backbone Bridge Traffic Engineering), allow enterprises to interoperate with the latest technologies.
Strong flexibility: Features including a highly scalablebandwidth from 1Mbps to 10Gbps, customized Service Level Agreements, a wide range of bundled service options, one-stop shop and local billing options, enable enterprises to cater to real-world business demands.
Industry-leading performance: Industry-leading round-trip latency within any Hong Kong PoP (Point of Presence) of less than 1.2 milliseconds makes SecureNet ideal for latency-sensitive enterprises, such as financial services companies.
“Time is money and SecureNet takes this to heart by offering benefits and options very few suites offer. Our latest networking technologies and standards will ensure enterprises stay ahead of their rivals by future proofing their network infrastructure. In short, it raises the bar of connectivity across Asia Pacific,” added Mr. Ng.
About HKNet Company Limited
Founded in 1994, HKNet Company Limited (HKNet) is one of the Hong Kong’s Internet Service Provider pioneers. In 2000, HKNet became a subsidiary of NTT Communications and is dedicated to developing world-class ICT solutions for the commercial market. HKNet leverages the expertise, global technology and network of the group and is committed to helping enterprises develop their business in Asia.
HKNet’s core ICT services include Network, data centre, cloud services and managed services. For more information, please visit http://www.hknet.com/
About NTT Com Asia
NTT Communications’ wholly owned subsidiary — NTT Com Asia serves as the regional headquarters of East Asia, covering Hong Kong, Macau, Taiwan and Korea. In collaboration with its affiliate HKNet, it provides enterprise-class global network, IP connectivity, data centre, cloud hosting, cloud applications and various services and solutions in the region.
Please visit http://www.ntt.com.hk | http://www.hknet.com | http://www.facebook.com/nttca | http://www.linkedin.com/company/ntt-com-asia-limited for further information.
Media Inquiries
Tammy Tsui Elaine Ng/ Venus Lam
NTT Com Asia Ltd Bite
DL: +852-3793-0396 DL: +852-2534-8713/ +852-2534-8735
E: tammy.tsui@ntt.com.hk E: elaine.ng@biteglobal.com / venus.lam@biteglobal.com
Source: HKNet Company Limited

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October 3, 2013 at 3:51 pm

Posted in Uncategorized

Bethesda Softworks Opens Australia Office

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— Expands Operations in Asia Pacific
HONG KONG /PRNewswire/ — Bethesda Softworks®, a ZeniMax® Media company, today announced it has established a new publishing office in Sydney, Australia. ZeniMax Australia Pty Ltd will directly oversee sales, marketing, and distribution for all Bethesda titles in Australia and New Zealand.
The establishment of ZeniMax Australia underscores the importance of the growing Australian market as well as the company’s continuing commitment to the Asia Pacific region. ZeniMax also has operations in Hong Kong and Tokyo.
With the opening of the new office in Australia comes the appointment of Simon Alty as Managing Director for the new territory. Alty was most recently Managing Director of One to Another Pty Ltd where he and his team played a pivotal role in many successful Bethesda launches including The Elder Scrolls V: Skyrim®.
“Simon’s experience and expertise in the games industry — specifically having worked on sales and marketing of Bethesda’s titles the last four years — will be of great value as we open a publishing office in Sydney,” said Sean Brennan, Managing Director, ZeniMax Europe Ltd. “Looking ahead, 2014 promises to be a big year for Bethesda as we release a trio of AAA titles: The Elder Scrolls® Online, Wolfenstein®: The New Order™ and The Evil Within™.”
For more information about ZeniMax Media, visit http://www.zenimax.com. For more information about Bethesda Softworks and its games, please visit http://www.bethsoft.com.
About ZeniMax Media Inc.
ZeniMax Media is a privately owned media organization headquartered outside Washington DC with international publishing offices in London, Paris, Frankfurt, Eindhoven, Hong Kong, Sydney and Tokyo. Through its subsidiaries, ZeniMax Media creates and publishes original interactive entertainment content for consoles, the PC and handheld/wireless devices. ZeniMax Media divisions include Bethesda Softworks, Bethesda Game Studios, id Software, Arkane Studios, Tango Gameworks, MachineGames, ZeniMax Online Studios, Battlecry Studios, ZeniMax Europe Ltd, ZeniMax Asia K.K., ZeniMax Asia Pacific Ltd and ZeniMax Australia Pty Ltd. For more information on ZeniMax Media, visit http://www.zenimax.com.
About Bethesda Softworks
Bethesda Softworks, part of the ZeniMax Media Inc. family of companies, is a worldwide publisher of interactive entertainment software. Titles featured under the Bethesda label include such blockbuster franchises as The Elder Scrolls®, DOOM®, QUAKE®, Fallout®, Wolfenstein®, Dishonored®, Prey® and RAGE®. For more information on Bethesda Softworks’ products, visit http://www.bethsoft.com.
Source: Bethesda Softworks

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October 3, 2013 at 3:36 pm

Posted in Uncategorized

Transformed Interoperable Smart Pumps Improve Patient Compliance and Market Potential

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— Frost & Sullivan: Half the US hospitals using smart pumps signifies assured growth of the US infusion pumps market

MOUNTAIN VIEW, California, Oct. 2, 2013 /PRNewswire/ — Advancements in pump technology, especially in terms of specialized functionalities such as infusion rate detection and dosage mismatch alerts, sustain the mature, replacement-intensive infusion pumps market in the U.S. In particular, the ambulatory and insulin pump segments are poised for significant growth despite reimbursement restrictions and government initiatives to lower overall healthcare costs.

New analysis from Frost & Sullivan’s (http://www.medtech.frost.com) Strategic Analysis of the US Infusion Pumps Market research finds the market earned revenue of $3.17 billion in 2012 and estimates this to reach $4.29 billion in 2019. The analysis covers general infusion pumps (volumetric, syringe, ambulatory, enteral pumps and infusion pump accessories) and insulin infusion pumps.

For more information on this research, please email Jennifer Carson, Corporate Communications, at jennifer.carson@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

“Since current smart pumps failed to make meaningful improvements in patient safety due to a lack of additional interfaces and software capabilities, market participants are looking to develop wireless, user-friendly smart pumps to enhance patient compliance and facilitate homecare use,” saidFrost & Sullivan Healthcare Research Analyst Swathi Allada. “This widens the scope of the infusion pumps market in the U.S.”

However, the safety and efficacy of these new technologies are a concern owing to the alarming increase in errors and product recalls, prompting several hospitals to postpone purchases. In addition, the launch of advanced infusion pumps is delayed as regulatory authorities, including the Food and Drug Administration (FDA), take stringent steps to assess the safety parameters of infusion pumps.

The FDA is expected to mandate manufacturers to submit design validations prior to premarket approval. In response, several manufacturers are focusing on product redesign to meet international standards for reliability and risk management.

Building devices with novel software and smart capabilities integrated with electronic medical records, safety alarms and operational logs will reduce medication rates and infusion errors. In fact, with more than half the hospitals in the U.S. using smart pumps, the market is ripe for interoperability.

“Further, vendors must provide multi-disciplinary training on the use of infusion pumps and offer consistent support services to hospitals, including on-site maintenance and trouble-shooting,” concluded Allada. “Spreading awareness through promotional campaigns and forming alliances with pharmaceutical companies to create better targeted, compliant solutions will enable manufacturers to capitalize on the large yet untapped market potential.”

Strategic Analysis of the US Infusion Pumps Market is part of Frost & Sullivan’s Advanced Medical Technologies Growth Partnership Service program, which also includes: Western European Infusion Pumps Market, Western European Endoscopy Devices Market, and U.S. Sterilization Equipment and Sterilants Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

Connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare and LinkedIn, for the latest news and updates.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Strategic Analysis of the US Infusion Pumps Market
NCAF-54

Contact:
Jennifer Carson
Corporate Communications – North America
P: +1.210.477.2450
F: +1.210.348.1003
E: jennifer.carson@frost.com

LinkedIn: Transform Health Group
Twitter: @frost_sullivan
Facebook: Frost & Sullivan
http://www.frost.com
Source: Frost & Sullivan

Written by asiafreshnews

October 3, 2013 at 3:18 pm

Posted in Uncategorized

BGC Partners Launches its Swap Execution Facility

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NEW YORK, Oct. 2, 2013 /PRNewswire/ — BGC Partners, Inc. (NASDAQ: BGCP) (“the Company” or “BGC”), a leading global brokerage company servicing the wholesale financial and real estate markets, today announced that its subsidiary BGC Derivative Markets, L.P. has launched operations as a Swap Execution Facility, consistent with the derivatives trading regulations under the Dodd-Frank Act.

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

“Today marks an important milestone as we enter a new era of derivatives transactions,” said Shaun D. Lynn, President of BGC. “After extensive preparations for this day we are excited to offer our clients the opportunity to trade regulated swaps through BGC’s Swap Execution Facility.”

BGC’s technology infrastructure includes fully-compliant execution methodologies such as anonymous Central Limit Order Book (CLOB), name disclosed Request for Quote (RFQ) system, Intra-day Electronic Auctions, Indications of Interest, and Voice Managed Orders for Blocks and Non-Blocks. Market participants will be able to utilize BGC’s platform to segregate US person/non-US person transactions on both a graphical user interface (GUI) and application programming interface (API) via instrument choice and contra-counterparty filtering.

For more information about BGC’s SEF please visit: http://www.bgcpartners.com/products-and-services/SEF/

About BGC Partners, Inc.
BGC 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’s 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.

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October 3, 2013 at 2:43 pm

Posted in Uncategorized

Frost & Sullivan: High Demand for e-Waste Recycling in Europe

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— Germany, France, Italy and Central and Eastern European countries offer immense growth opportunities

LONDON, Oct. 1, 2013 /PRNewswire/ — Electrical and electronic equipment account for the fastest growing volume of waste generated. Consequently, managing this waste has become imperative to limit hazardous elements and to decrease illegal dumping and export to cheaper countries. The increasing volume of waste electrical and electronics equipment (WEEE) coupled with scarcity of precious metals, high cost of mining, and limited landfill capacity have lent momentum to the European WEEE recycling market. The need to recycle e-waste has prompted waste management companies to optimise collection systems as well as recovery and recycling technologies, further aiding market development in the region.

New analysis from Frost & Sullivan (http://www.environmental.frost.com), European Waste Electrical and Electronic Equipment Recycling Market, finds that the market earned revenues of $1.30 billion in 2012 and estimates this to reach $1.79 billion in 2020.

“Strict European Union legislations, escalating landfill prices, and awareness on the environmental impact of WEEE have heightened demand for recycling of waste electrical and electronic equipmentin Europe,” saidFrost & Sullivan Energy and Environmental Research Analyst Monika Chrusciak. “The market is also supported by policy initiatives banning the landfilling of certain types of waste as well as requirements concerning collection and recycling targets.”

However, national WEEE recycling legislations are not properly aligned with these EU standards and the ensuing variances in interpretation affect enforcement and curb market growth. Lack of efficiency in the collection of WEEE material from source, slow execution of environmentally-sound recycling processes, and most importantly, difficulties in meeting final recycler needs add to the challenge.

These shortcomings can be easily addressed when market participants understand that the quality and quantity of available WEEE material for recycling can be improved through direct and close collaboration with the customer.

“The market will continue to grow as governments, especially in Scandinavia, Alpine States and Germany, create transparent legal frameworks for WEEE recycling development and commercialisation,” noted Chrusciak. “Germany, France, Italy and Central and Eastern Europe, in particular, offer immense opportunities.”

The ultimate objective of WEEE processing and recycling operators is to apply processes that recover resource materials in a cost effective manner and lowers environmental impact. This will highlight the legal responsibility of electric and electronic equipment producers and distributors towards the entire life cycle of the manufactured product.

If you are interested in more information on this research, please send an e-mail to Chiara Carella, Corporate Communications, at chiara.carella@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

European Waste Electrical and Electronics Equipment Recycling Market is part of the Environmental Growth Partnership Service program. Frost & Sullivan’s related research services include: European Waste to Energy Plant Market, Global Water and Wastewater Disinfection Systems Market, Packaged Wastewater Treatment Market in India, and Asia-Pacific eWaste Recycling Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

European Waste Electrical and Electronics Equipment Recycling Market
M91F-15

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44-0-20-7343-8314
M: +44-0-753-3017689
E: chiara.carella@frost.com

http://www.frost.com
Source: Frost & Sullivan

Written by asiafreshnews

October 3, 2013 at 2:30 pm

Posted in Uncategorized

Saxo Bank Opens Office in Brazil Further Extending its Presence in Latin America

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SAO PAULO/PRNewswire/ — Saxo Bank, the online multi-asset trading and investment specialist today announced that the Bank is expanding its Latin American footprint by opening a new office in São Paulo, Brazil after being granted a licence by the Brazilian central bank.
Saxo Bank already has an office in Uruguay to service Latin American retail investors and in Panama focusing on institutional business for the Spanish-speaking markets. As Brazilian fund managers are increasingly seeking to diversify their funds, the new office in São Paulo intends to serve institutional clients, offering access to a vast range of products.
The office will be headed up by Pedro Borges, previously Director at the Portuguese financial services firm Orey Financial. Borges has over 15 years of experience working in the financial markets and brings with him expertise in electronic trading, hedge funds and business development.
Pedro Borges, Head of Saxo Bank Brazil, said:
“As host to the 2016 Olympics and the 2014 World Cup, Brazil is much more than an emerging market today. It is a booming economy which offers the financial industry access to profitable opportunities. As the largest economy in Latin America it is crucial that Saxo Bank has presence in the local market. The new office will provide access to worldwide financial assets via one platform, and we aim to become the go-to partner of choice for institutional clients looking to invest in international assets.”
In a joint statement, Kim Fournais and Lars Seier Christensen, co-founders and CEOs of Saxo Bank, said:
“The needs of Latin American investors have evolved and become more sophisticated over the last years, and with our tools and technology we believe we are very well positioned to meet the growing demands of these investors. Saxo Bank opened its Uruguay offices in 2012 to cater for Latin American retail investors. Opening an office in such an exciting and rapidly evolving country is now the logical extension of our footprint in the region, and one we are very excited about.”
Lars Seier Christensen will open the new office and deliver the opening speech at the opening event at the new office, as well as introduce the services Saxo Bank can offer in a conference for hedge funds at Bas des Arts, São Paulo on Thursday, 3 October 2013: http://www.saxobank.com.br/conferenciabrasil
Saxo Bank offers to Institutional investors access to 30,000 financial instruments, including stocks of companies listed on over 30 global stock exchanges, 160 currency pairs, 8,700 CFDs, 1,500 ETFs and ETCs, futures and more. The instruments are available through Saxo Trader, a desktop version of the platform, the browser-based Saxo Web Trader and Saxo Mobile Trader for mobile devices.
About Saxo Bank
Saxo Bank is a leading online trading and investment specialist, offering private investors and institutional clients a complete set of tools for their trading and investment strategies. A fully licensed and regulated European bank, Saxo Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated multi-asset trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoTrader app. The platforms are available in over 20 languages and are white-labelled by more than 100 major financial institutions worldwide. Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, the Saxo Bank Group is headquartered in Copenhagen with offices in 25 countries throughout Europe, Asia, Middle East, Latin America, Africa and Australia.
Source: Saxo Bank

Written by asiafreshnews

October 3, 2013 at 2:29 pm

Posted in Uncategorized

Host Incheon Hopes to Use Nat’l Sporting Event as Prep for Asian Games

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SEOUL, South Korea, Oct. 2, 2013 /PRNewswire/ — The metropolitan city of Incheon hopes to use an upcoming national multisport competition to prepare for a larger international event it will host next year, the city’s deputy mayor said Wednesday.

Incheon-National Sports Festival
Incheon-National Sports Festival

Incheon, 40 kilometers west of Seoul, will stage the 94th National Sports Festival from Oct. 18 to 24, bringing together 22,000 athletes and 8,000 officials in 44 medal sports and two demonstration events.

The city will also hold the 2014 Asian Games next September, as the third South Korean host of the quadrennial continental competition. At a press conference here, Jo Myoung-u, deputy mayor of Incheon, said staging the national event will be an important opportunity for the city with the Asian Games less than a year away.

“The most important task for us at the National Sports Festival is to prepare ourselves for the Asian Games,” Jo said, adding that the majority of some 500 staffers at the Asian Games organizing committee will work for the National Sports Festival to gain more first-hand experience in hosting a multisport competition.

Jo also said he hoped Incheon residents will rally around the National Sports Festival.

“We’re a city of almost 3 million people, but they come from many different backgrounds,” the official said. “I think holding a major national event will help bring together our people and make them feel proud to be living in the city.”

The National Sports Festival in Incheon will take place across 65 venues. Stars from last year’s London Olympics will compete for their home cities and provinces.

Swimmer Park Tae-hwan, four-time Olympic medalist, will compete for the host city. Yang Hak-seon, gold medalist in men’s vault in artistic gymnastics, Ki Bo-bae, double gold medalist in women’s archery, and Shin A-lam, silver medal winner in women’s epee fencing, will also enter the National Sports Festival this year.

Source: Incheon-National Sports Festival Organizing Committee

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October 3, 2013 at 2:27 pm

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