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Archive for October 7th, 2013

More Muar Furniture Producers To Exhibit at MIFF 2014

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KUALA LUMPUR, Malaysia, Oct. 4, 2013 /PRNewswire/ — More furniture producers from Muar, the furniture city of Malaysia, will exhibit at the 20th anniversary of the Malaysian International Furniture Fair (MIFF) in Kuala Lumpur from March 4 to 8 next year.
More Muar Furniture Producers To Exhibit At MIFF 2014
More Muar Furniture Producers To Exhibit At MIFF 2014

MIFF 2014, 4-8 Mar 2014
MIFF 2014, 4-8 Mar 2014

The Muar Furniture Association (MFA), one of the strongest industry groups in the country, expects a 30 per cent increase in its participation following the successful debut of the MFA Hall with 80 companies at MIFF 2013.

MFA had entered into a strategic alliance with the organiser, UBM Asia, to participate exclusively in MIFF. This has resulted in significant market advantages for both and further strengthened MIFF’s position as the leading industry trade show in Southeast Asia and a global top 10 event.

The launch of the MFA Hall had nearly doubled the presence of Muar exhibitors at MIFF from before.

Muar has 700 furniture manufacturing companies and accounted for 45 per cent of Malaysia’s RM8 billion worth of furniture exports last year.

Ms Karen Goi, General Manager of MIFF, said: “We are delighted to welcome more exhibitors from Muar. This is a very positive outcome from our strategic alliance with MFA and it will also benefit our trade visitors directly because they will have more buying choices, value and get more business contacts. MIFF will continue to work hard to ensure that all our exhibitors and buyers will gain as much return as possible from the fair.”

Mr Neo Chee Kiat, President of MFA, said: “We are very happy with our partnership with a global organiser like UBM. During MIFF 2013, our exhibitors were able to sell to more countries and approached by buyers from small emerging markets who were willing to pay for quality products. We would like to have a bigger hall next year to accommodate more exhibitors due to good response.”

MIFF 2014 will again be held at the downtown Putra World Trade Centre (PWTC) and Matrade Exhibition and Convention Centre (MECC), covering a total of 80,000 square metres.

Sales hit another high of US$854 million this year, up US$24 million from 2012. The fair drew 6,054 international buyers from 140 countries with a good turnout of quality buyers from emerging regions and traditional markets of Australia, United States and Japan.

Buyers can now sign up for MIFF 2014 with free admission for online registration by Jan 31, 2014.

For more information including special rates by MIFF hotel partners, please visit

Notes to Editors:

1. About MIFF (
Malaysian International Furniture Fair (MIFF) is an export-oriented furniture trade show held annually in Kuala Lumpur, Malaysia. It is also a global leading trade show approved by UFI, The Global Association for Exhibition Industry. Since 1995, MIFF has nurtured invaluable partnerships between thousands of buyers and furniture makers across the globe.

2. About UBM Asia (
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 25 major cities with 30 offices and over 1,400 staff.

With a track record spanning over 30 years, UBM Asia operates in 21 market sectors with 160 dynamic face-to-face exhibitions, 75 high-level professional conferences, 28 targeted trade publications, 18 round-the-clock vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Chengdu and Shenzhen, where we organise more than 60 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 50 events in this region. UBM India teams in Mumbai, New Delhi, Bangalore, Chennai and Hyderabad organise 20 exhibitions and 60 conferences every year across the country.
Source: UBM Asia (Malaysia)

Written by asiafreshnews

October 7, 2013 at 9:09 pm

Posted in Uncategorized

Vantage FX launches RAW account with spreads from 0.0 pips

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Better pricing, low commission and more transparency are keys to new trading account
SYDNEY /PRNewswire/ — Sydney-based online forex broker Vantage FX is now offering a new trading account called Vantage FX RAW.
This account will bring the benefits of institutional pricing to more traders, as well as offering low commissions, dramatically reducing mark-ups and bringing more transparency to the way we trade.
Says Antony Goddard, Managing Director at Vantage FX, said, “the RAW account is about bringing the trading experience more in line with what our traders are looking for: competitive pricing, low or no spread mark-ups and very transparent commission structures.”
“For example, commission for accounts being traded in $AU work out at $4 for every lot traded, or $8 for a round turn. That’s a very simple calculation to make for any trader, unlike the variable structure many other financial providers use. We don’t believe commission structures should be confusing, so we’ve made sure the RAW commissions are at fixed price points and are very transparent.”
In addition to transparency, traders that open a RAW account will get access to Institutional Pricing normally reserved for brokers, banks or institutions and starting with spreads as low as 0.0 pips. This is made possible through Vantage FX’s institutional grade liquidity which comes directly from some of the world’s largest banks and institutions. While this will open up trading possibilities for anyone from small business traders to retail traders, Goddard believes this will be of particular interest to those trading high volumes or using automated trading/expert advisors.
“Because the RAW account pulls the institutional pricing into the same MetaTrader 4 platform as our other accounts in an ECN/STP environment, it means there’s no dealing desk, no price manipulation, no requotes and no mark-ups. As it’s working off a true price feed, you can take advantage of spreads starting at 0.0 pips.”
With all that it’s offering, Goddard is clear that the new account doesn’t sacrifice other standard account features. “You don’t lose any features with RAW,” he says. “You still get the access to the same deep liquidity, Vantage FX’s award-winning execution speeds and the ability to trade on your preferred technology platform or device. And that’s not to mention the comfort traders get from knowing we’re fully regulated in Australia and the United Kingdom.”
Traders interested in trialling a RAW account can do so risk-free, with a 30-day free demo account available at Vantage FX’s website.
About Vantage FX
Vantage FX are a multi-award winning Australian financial services firm providing innovative online Forex trading capabilities to clients globally. Vantage FX continually strives to provide a client-friendly, interactive Forex experience with trading accessibilities across a variety of platforms all with the tightest spreads. Vantage FX are the first to offer combined Binary Options and Forex Trading on the one MT4 platform. Vantage FX is a Corporate Authorised Representative of Enfinium Pty Ltd (AFSL No. 322081) and regulated by Australian Securities and Investments Commission (ASIC).
For more information contact:
Natalie German
Phone: +61-1300-945-517
Source: Vantage FX

Written by asiafreshnews

October 7, 2013 at 2:38 pm

Posted in Uncategorized

National Catastrophe Insurance Fund Supports Thai Insurance Industry to Return to Normal Mode

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BANGKOK /PRNewswire/ — Mr. Payungsak Chartsutipol, Chairman of the board, National Catastrophe Insurance Fund said Thai insurance business returns to normal mode with higher competition in the market seen compared to the time of major floods in 2011 due to the supportive roles and policies of the fund.
National Catastrophe Insurance Fund offers catastrophe insurance policies with premium rates lower than the market level by 0.5-1.25% of the sum insured and facilitates households and business sectors to access to catastrophe insurance policies with appropriate premium which eventually turning gradually decreases premium offered by insurance firms to policyholders.
Insurance business, therefore, is in healthier state, and non-life insurance companies’ coverage capacities increase. Currently, 7 firms namely Aioi Bangkok Insurance, QBE Insurance (Thailand), Siam City Insurance, Sompo Japan Insurance (Thailand), Saha Mongkol Insurance, Mitsui Sumitomo Insurance and Muang Thai Insurance offer 20% lower the fund’s premium rate and hold 100% coverage themselves. The combined coverage of these firms reaches 2.3 trillion baht comprising windstorm coverage of 296 billion baht, earthquake coverage of 295 billion baht and flood coverage of 64 billion baht. More insurance firms are able to expand their coverage capacity and buy less reinsurance coverage with the fund.
National Catastrophe Insurance Fund recently unveiled the progress report of catastrophe insurance policy during March 28, 2012 – September 9, 2013. This ensures its supportive roles to Thai insurance business. Regarding sales of catastrophe insurance, the number of active policies totaled 1,405,632 and the sums insured totaled 87 billion baht. Insurance premiums in the period totaled 804 million baht. The total sum insured for the portion of active policies that are reinsurance was 47 billion baht. The total value of premiums for the portion of active policies that are reinsurance was 549 million baht.
A total of 51 insurance companies sold insurance policies. No claims were made and no reinsurance premiums were overdue.
For more information, please visit
Source: National Catastrophe Insurance Fund of Thailand

Written by asiafreshnews

October 7, 2013 at 10:56 am

Posted in Uncategorized

Mandarin Orchard Singapore Awarded Best City Hotel at the 24th TTG Travel Awards 2013

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SINGAPORE, Oct. 4, 2013 /PRNewswire/ — Mandarin Orchard Singapore was conferred the Best City Hotel – Singapore at the 24th Annual TTG Travel Awards 2013 Ceremony & Gala Dinner convened at the Centara Grand & Bangkok Convention Centre in Thailand’s CentralWorld yesterday. Organised by TTG Asia, the annual TTG Travel Awards honours the best of the best in Asia-Pacific travel trade.

Mr Danny Wong, Hotel Manager of Mandarin Orchard Singapore receiving the Best City Hotel - Singapore Award
Mr Danny Wong, Hotel Manager of Mandarin Orchard Singapore receiving the Best City Hotel – Singapore Award

Readers of TTG Asia, TTG China, TTG India, TTGmice, TTG-BTmice China and TTG Asia Luxury were invited to vote for their favourite travel and trade organisations and Mandarin Orchard Singapore emerged as the unanimous choice for Best City Hotel — Singapore under the Travel Supplier Awards Category.

Standing tall on Orchard Road, Mandarin Orchard Singapore has been delighting guests with the brand’s signature Asian grace, warmth, and care for over 40 years at the heart of the city state’s world-famous shopping and entertainment enclave. The hotel boasts 1,065 elegantly appointed guestrooms and suites, exciting dining choices, and modern business and leisure facilities including Mandarin Gallery, a unique shopping destination featuring an exciting variety of cult and luxury brands, making for an all-encompassing retail and hospitality experience.

Mr Danny Wong, Hotel Manager of Mandarin Orchard Singapore who was at the gala dinner to receive the award from TTG, is pleased with the prestigious accolade.

He remarked: “Not only is it such an honour to receive this distinction to the Meritus brand, but it is also a testament to Singapore as a leading world-class travel destination in Asia.”

For further press information, please contact:

Crystal Lim
Assistant Manager, Marketing Communications
Mandarin Orchard Singapore, by Meritus
T +65-6831-6051
M +65-9168-2740

Source: Meritus

Written by asiafreshnews

October 7, 2013 at 10:20 am

VeriFone Mobile Money Appoints Regional Sales Director for Asia

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SINGAPORE/PRNewswire/ — VeriFone Mobile Money Limited is pleased to announce the appointment of Colin Song as Regional Sales Director Asia.
VeriFone Mobile Money is a joint venture between VeriFone Inc. and Mobilis Networks Limited to drive the adoption of mobile money and wallet solutions globally. The company has a range of solutions for various segments of the market including banking and finance, mobile operators and transport companies. Its solutions leverage operators existing investments in wallet and payment technologies and integrate these with the retail point of sale where 70% of the world’s population transact on a daily basis.
“VeriFone Mobile Money has a unique role to play in the Asia region where operators are adopting new payment technologies rapidly,” said Chris Jones, CEO of VeriFone Mobile Money. “Song’s role will allow us to expand operations and take advantage of his deep experience working with large operators throughout the region to implement mobile payment technologies. We’re excited to have him on the team to help guide service providers to maximize the investments that they are making in this new technology.”
VeriFone Mobile Money specializes in solutions to drive the adoption of contactless payments, banking and payments globally. The company has pioneered technology for International Remittance using biometric finger printing, developed software to enable mobile payments and banking at the point of sale and led the development of a number of tap on and tap off solutions for transport and card company operators globally.
“We have a unique product,” added Jones. “Through our relationship with VeriFone Inc., the global leader in point of sale terminal technologies, we are enabling service providers globally to replicate their offerings to the place where their customers transact on a daily basis, the point of sale terminal.”
Song will drive in-direct sales with Mobile Commerce, Mobile Wallet and payment service providers in the region while also driving our direct sales through existing and new service provider customers.
About VeriFone Mobile Money Limited (
VeriFone Mobile Money is a joint venture between VeriFone Inc. and Mobilis Networks Limited to provide complete mobile money solutions designed to meet the needs of mobile operators for telco-based money transfer and payment services in emerging markets.
Mobilis is recognised as a strategic partner by Verifone Systems Inc (NYSE: PAY), the leading provider of point-of-sale transaction devices that are used by millions of consumers to make purchases.
Contact Information
Media Relations:
Alex Mercer, Mercer Palmer,
Mobilis Networks Limited
Marketing Communications,
Tel: +1-415-830-3759
Source: VeriFone Mobile Money Limited

Written by asiafreshnews

October 7, 2013 at 10:16 am

Posted in Uncategorized

Four Seasons Hotel Singapore & Regent Singapore Offer Attractive Packages in Support of Run For Hope 2013

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SINGAPORE, Oct. 3, 2013 /PRNewswire/ — Four Seasons Hotel Singapore and Regent Singapore are celebrating 21 years of supporting cancer research through their annual run, Run For Hope, which will take place on Sunday 17 November ( ).

This year, the two Four Seasons hotels are offering attractive accommodation and event participation packages to try and draw more participants from around the region to take part in the run, raise money for a good cause, and top off the weekend with an enjoyable stay in a luxury hotel.

This year’s 3.5/10km run will take place in the scenic surrounds of Marina Bay, starting and finishing at the Promontory. On event day, participants stand the chance to win some fantastic prizes, including overseas stays at a number of Four Seasons Hotels and Resorts.

Run For Hope — Quick Facts

  • Since 1993, the Four Seasons Hotel Singapore and Regent Singapore have been supporting local cancer research through their annual charity run, making this the single largest run in aid of cancer research in Singapore.
  • Since 2008, they have been partnering with the National Cancer Centre Singapore (NCCS) to raise funds and awareness for critical, life-saving research by dedicated scientists at the Centre.
  • This will be the sixth year that NCCS is the beneficiary. The 2012 event saw more than 10,000 runners, raising close to S$450,000. This year, organisers aim to draw 15,000 participants and achieve a target of S$600,000.

Four Seasons Hotel Singapore — ‘Run For Hope’ Package details (November 15 – 17, 2013)

The Four Seasons ‘Run For Hope’ package rates are as follows:

Room category Rate (single/double)
Deluxe Room S$375++ per room per night
Boulevard Room S$395++ per room per night
Premier Room S$435++ per room per night
Executive Suite S$535++ per room per night

The package is inclusive of the following:

  • Standard Internet Plan (for up to 2 devices)
  • Registration for one at Run for Hope 2013
  • Late checkout till 2 p.m.

Closing date for reservations is November 3 and all rates are subject to 10 percent service charge and applicable government taxes.

For reservations: call +65-6831-7305 or email

Regent Singapore — ‘Room & Run’ Package details (November 16 – 17, 2013)

The Regent Singapore ‘Room & Run’ package costs S$370++ for a Deluxe Room and is valid for the weekend of Nov 16-17. No prepayment required.

The package is inclusive of the following:

  • 2D/1N weekend stay in a Deluxe Room
  • Breakfast for two at the award-winning Basilico
  • Registration for two at Run for Hope 2013

Closing date for reservations is November 3 and all rates are subject to 10 percent service charge and applicable government taxes.

For reservations: call +65-6725-3088 or email (please quote the promotional code: RunForHope)

For more information, please contact:

Michelle Wan
Director of Public Relations
Four Seasons Hotel Singapore
T. +65-6831-7130

Irene Kew
Director of Public Relations
Regent Singapore
T. +65-6725-3190

Michael Burns
Cohn & Wolfe
T. +65-9724-9132

Source: Four Seasons Hotel Singapore

Written by asiafreshnews

October 7, 2013 at 9:35 am

Posted in All releases

National Instruments’ Graphical System Design Summit 2013 in Southeast Asia kicks off in Malaysia

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PETALING JAYA, Malaysia, Oct. 3, 2013 /PRNewswire/ — Cutting-edge technologies in control, design, test & measurement and automation will be on spotlight at this year’s Graphical System Design (GSD) Summit, National Instruments’ premier conference for engineers, scientists, educators, researchers and industry partners. GSD Summit 2013 opens today in Petaling Jaya, Malaysia.

“Conversations in the engineering and scientific world are shifting towards accelerated innovation and applied innovation. Pressures to keep pace with the rapidly changing times and create solutions for emerging global challenges are driving increased take-up for our flexible and easy-to-use innovation tools,” says Chandran Nair, Managing Director for National Instruments in Southeast Asia.

National Instruments will showcase a suite of new products and solutions that enable engineers and scientists to fully leverage the benefits of the graphical systems design approach. These include the new cRIO-9068 software-designed controller and NI LabVIEW 2013. Completely redesigned but maintains full NI LabVIEW and I/O compatibility with the CompactRIO platform, the new cRIO-9068 software-designed controller delivers faster performance and greater flexibility.

Meanwhile, NI LabVIEW 2013 has been updated to provide numerous development environment enhancements and deployment tools and an ecosystem of examples, training materials and add-ons, raising productivity and innovation levels to new heights.

National Instruments is also set to unveil the new compact and student-friendly NI myRIO. NI myRIO was designed based on the same technology as NI CompactRIO and integrated with the NI LabVIEW platform to help educators and students accelerate the learning experience through doing engineering and building real-world projects with an integrated platform.

GSD Summit 2013 will take place in the following 11 cities across six Southeast Asian countries from 3 October to 10 December.

  • Malaysia: Petaling Jaya, October 3; Penang, October 9; Johor Bahru, October 16
  • Singapore: October 18
  • Thailand: November 6
  • Indonesia: November 13
  • Philippines: Manila, November 20; Cebu, November 27
  • Vietnam: Ho Chi Minh, December 3, Hanoi, December 10

GSD Summit 2013 will feature full day interactive technical sessions, hands-on workshops and exhibition, as well as presentations and demonstrations that highlight innovative uses of the graphical system design platform. For more information, please visit:

About National Instruments
Since 1976, National Instruments ( has equipped engineers and scientists with tools that accelerate productivity, innovation and discovery. NI’s graphical system design approach to engineering provides an integrated software and hardware platform that speeds the development of any system needing measurement and control. The company’s long-term vision and focus on improving society through its technology supports the success of its customers, employees, suppliers and shareholders.

CompactRIO, LabVIEW, National Instruments, NI and are trademarks of National Instruments. Other product and company names listed are trademarks or trade names of their respective companies.

Source: National Instruments

Written by asiafreshnews

October 7, 2013 at 9:21 am

Posted in All releases