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Archive for October 17th, 2013

MetLife Receives Regulatory Approval to Set Up Representative Office in Myanmar

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HONG KONG /PRNewswire/ — MetLife announced today that it has received the regulatory approval from Myanmar’s Directorate of Investment and Company Administration to establish a representative office in Myanmar. With regulatory approval, MetLife is now focusing on completing the registration procedure and preparations for the establishment of a representative office.
In announcing the news, Dr. Nirmala Menon, Senior Vice President, Head of Designated Markets and Health, Asia for MetLife said, “In line with MetLife’s enterprise strategy to grow our business in emerging markets, we are pleased to announce that we have received the approval to open a representative office in Myanmar. With its economic growth prospects and favorable demographics, Myanmar is an attractive market for MetLife’s continued expansion ambitions into Southeast Asia, and follows our recent announcement of the formation of a joint venture with Bank for Investment & Development of Vietnam. With our proven track record and deep experience in working with the regulatory authorities in newly emerging markets, we wish to contribute to the development of a vibrant insurance market in Myanmar.”
“We look forward to opening our representative office here. We are committed to gaining firsthand market intelligence, working closely with the relevant authorities as they undertake important policy reforms, and helping build capacity in Myanmar’s insurance industry. We hope in time to build a sustainable operational model and grow our presence in this market to serve the needs of the people of Myanmar,” added Dr. Menon.
Media Contacts:

Eunice Cheng
+852-2277-4163
Source: MetLife Asia Pacific Limited

Written by asiafreshnews

October 17, 2013 at 4:48 pm

Posted in Uncategorized

Hutchison Global Communications Provides Tencent with World-class Data Centre Services — Marking a New Milestone in Business Collaboration

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HONG KONG/PRNewswire/ — Hutchison Global Communications (HGC), the fixed-line division of Hutchison Telecommunications Hong Kong Holdings Limited (SEHK:215, the group), today announced provision of Internet Data Centre (IDC) services — supported by network resources — for Tencent (SEHK:700) at HGC’s Wong Chuk Hang Data Centre in Hong Kong.
Tencent is a leading provider of comprehensive Internet services in mainland China and has grown into one of the nation’s largest and most-used Internet service portals. The company recently launched WeChat, an instant messaging app attracting a fast-growing customer base. According to figures from Tencent, the overseas population of Wechat users has already exceeded 100 million, generating huge traffic flows of data.
As a major telecoms hub in Asia, Hong Kong is commonly chosen by international Internet corporations as a base from which to establish worldwide network connections. In this instance, HGC’s world-class data centre is now helping Tencent to handle rapid business development and meet high-volume data transmission needs. This high-end facility is accredited with ISO 27001 information security management certification.
In addition to providing Tencent with world-class data centre facilities, HGC manages the ever-increasing data traffic effectively for the company across a fibre-to-the-building network in Hong Kong, as well as infrastructure overseas, supported by telecoms specialists in the international market. The result is a solid network resource foundation to serve Tencent’s expanding footprint and long-term business development.
Andrew Kwok, HGC President of International and Carrier Business, said: “Collaboration between HGC and Tencent started in 2005 and we have been working closely as partners ever since. Over the years, HGC has made every effort to provide Tencent with an excellent diversity of telecoms services — and today’s announcement of IDC service provision marks a new milestone in our relationship.”
For more information on HGC, please visit http://www.hgc.com.hk/. Please call +852-2128-3611 for media enquiries.
Source: Hutchison Global Communications Limited

Written by asiafreshnews

October 17, 2013 at 3:47 pm

Posted in Uncategorized

Concrete Show South East Asia Conference to Discuss Industry Outlook, Sustainability and Earthquake Protection

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JAKARTA, Indonesia, Oct. 14, 2013 /PRNewswire/ — This month UBM Asia will host the first ever conference focused on the concrete industry to be held in Jakarta. The Concrete Show South East Asia Conference will be held concurrently with the premiere edition of the Concrete Show South East Asia exhibition that will be held on 24-26 October 2013 at the Jakarta International Expo.

The conference and exhibition offer a timely business platform for industry professionals and government officials to meet, network and exchange information. The conference will highlight several key areas. On 24 October the topics for discussion will be the current situation and outlook for the concrete supply chain, and the all-important issue of sustainability. On 25 October the topic will be how to improve earthquake-proof construction.

Economic growth in South East Asia continues to increase and outperform other regions of the world. Indonesia alone is projected to achieve over 6% growth in 2013. This is accelerating the growth of property and infrastructure development in the region and is fueling high demand for construction materials for development projects.

This conference marks the first time ever that a symposium dedicated to issues concerning the concrete industry, from both a technology and a business perspective, is being held in South East Asia. The conference features a line-up of high profile speakers who are among the most influential experts in the industry, offering fresh insights into the latest issues and trends.

One of the highlights of the first day will be a presentation by Mr. Florian Klouda, Director, Penetron International Ltd., on the durability of concrete. Regarding his presentation, Mr. Kouda commented, “Structural failures due to concrete deterioration, sustainable use of building materials and new construction financing models have laid a new emphasis on concrete durability. In this presentation we want to discuss the main reasons for concrete deterioration and ways to prevent them using permeability-reducing materials.”

The three-day exhibition will provide an ideal opportunity for direct interaction and experience with the latest available technologies and solutions for the concrete industry. The event will bring together buyers and suppliers of a full range of concrete and construction products and services, and a vast amount of enhanced industry knowledge.

Commenting on the event, Mr. Christopher Eve, Senior Vice President of UBM Asia Ltd., said, “The Concrete Show was first held in Brazil and over the years has played an important role in the fast expanding concrete markets of South America. Following the success of the event in that region, UBM is confident to now bring it to over Southeast Asia. Choosing Indonesia as the host country makes perfect sense given the rapid growth of the property and infrastructure sectors here in Indonesia and the surrounding region. I expect that the show will act as a catalyst in stimulating market growth and technological development.”

Participating in Concrete Show South East Asia 2013 are almost 100 major corporations from 15 countries including Indonesia, Germany, United Kingdom, Italy, South Africa, Canada, USA, Malaysia, Japan and China. Wika Beton, Adhimix Precast, Toyota Kohki, Rimac, Penetron, BASF, Spancrete are just some of the leading names to be found on the exhibition floor.

Hosted by the Coordinating Ministry for Economic Affairs Republic of Indonesia, Concrete Show South East Asia is supported by several essential organisations including the Ministry of Public Works, Ministry of Industry, Ministry of Trade, the Indonesian Society of Civil and Structural Engineers (HAKI), the Indonesia Contractor Association (AKI), the National Association of Indonesian Consultant (INKINDO), the Indonesia Cement Association (ASI) and GAPENSI.

For inquiries please contact:

Ms. Niekke Budiman
Senior Event Manager
niekke.budiman@ubm.com
T +62 21 729 2662

About UBM Asia

Owned by UBM plc listed in the London Stock Exchange, UBM Asia is a leading exhibition organiser in Asia and the biggest commercial organiser in mainland China, India and Malaysia with a strong global presence in 25 major cities with 30 offices and over 1,200 staff.

With a track record spanning over 30 years, UBM Asia operates in 19 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. UBM ASEAN 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 PT Pameran Niaga Indonesia

Written by asiafreshnews

October 17, 2013 at 12:40 pm

Posted in Uncategorized

Elitecore Announces LTE-ready, Integrated BSS Platform

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Fulfills operators’ monetization goals through personalized LTE plan and seamless subscriber experience

MUMBAI, India and DUBAI, UAE, Oct. 16, 2013 /PRNewswire/ — Elitecore Technologies, a global provider of next-generation BSS solution announces future ready pre-integrated BSS platform comprising online charging, convergent billing, PCRF, DSC, 3GPP AAA and enhanced mediation for LTE networks. It supports gradual migration from existing networks to provide personalized LTE offerings such as shared wallet/family plans, a la carte plans and VoLTE support. The platform also comes with Business Analytics (BI) tool to help the CSPs launch customer-centric loyalty and promotional plans including location-based and device-based plans.

(Logo: http://photos.prnewswire.com/prnh/20130226/599701)

Says Dhaval Vora, VP, Product Management, “Operators face challenges in effectively monetizing LTE through legacy charging and billing infrastructure as these systems were not designed for all-IP environments thus, cannot take into account the customer context such as usage, location, device, time, account balance, personal information. Elitecore’s future-ready BSS platform enables seamless subscriber experience, faster integration with 3rd party systems helping operators launch innovative plans to enhance customer experience.”

The platform is compliant to TM Forum and 3GPP. Its vendor-agnostic platform help CSPs save cost by reusing the existing network equipment across both DIAMETER and RADIUS.

A centralized product catalog enables faster launch of multiple prepaid/postpaid LTE offerings such as bundled, VoIP, OTT plans, shared data, with support for n level product hierarchy and end-to-end product life cycle management leading to reduced time-to-market, greater service personalization and differentiated experience. In addition, Elitecore BSS offers a convergent, online charging system (OCS), which supports easy interaction with core IMS /network elements to launch complex 4G/LTE & IMS services, tiered plans and pricing models in real time.

Elitecore BSS platform is integrated with packet core, including PCRF to offer tiered fair access policy plans, Policy-based free units, parental controls and enterprise plans along with customer-centric loyalty and promotions such as location-based, device-based add-on promos and targeted promotions based on subscriber ARPU. Its enhanced Web Self-care and POS portals enable customers have services/bundle plans of their choice with easy interface management of Franchisee/ Resellers and Partners.
Elitecore has successfully deployed its integrated BSS platform for LTE network in ME and APAC regions.

About Elitecore

Elitecore Technologies is a Carlyle Group investee global IT product company providing BSS alongside packet core elements including PCRF and Diameter Signaling Controller with flexibility of modular as well as pre-integrated offerings.

LK Pathak
AVP – Corporate Communications, Elitecore
Ph: +91-9925012059

Source: Elitecore Technologies

Written by asiafreshnews

October 17, 2013 at 12:07 pm

Posted in All releases

VR Group Selects Quintiq to Optimize Transportation Services

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‘S-HERTOGENBOSCH, The Netherlands, Oct. 16, 2013 /PRNewswire/ — Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that leading Finnish transport and logistics company VR Group will be deploying its software platform across its cargo and locomotive planning operations.

(Logo: http://photos.prnewswire.com/prnh/20130328/606756)

Quintiq, working in conjunction with its implementation partner Ab Ovo, will deploy its platform to optimize the scheduling and deployment of trains to increase freight traffic efficiency. In addition to optimizing cargo operations, VR Group will use Quintiq’s software to overhaul the planning processes that govern its locomotive operations.

“We wanted a proven industry solution that would grow with our business to maximize transport system efficiency and quality. After a comprehensive selection process, we chose Quintiq as it best matched our requirements.” said Rolf Jansson, senior vice president, logistics, VR Group Ltd.

“Quintiq is a preferred planning solution for the rail industry, helping companies cut costs on an operational level while improving punctuality. On a strategic level, Quintiq ensures organizational flexibility and the ability to easily adapt to organizational challenges. Every day we plan 150,000 rolling stock for large rail clients around the world,” said Arthur Torsy, VP of EMEA. “We are pleased to partner with VR Group to improve the efficiency and profitability of its business.”

About VR Group

VR Group is the leading transport, logistics and infrastructure engineering services company in Finland. Its passenger services include rail and coach services while its logistics division handles international logistics by rail and road. VR Group also specializes in rail track design, construction and maintenance services. While it operates largely in Finland, the Group is also active in Russia, Sweden and the Baltic countries.

About Quintiq

Every business has its supply chain planning puzzles. Some of those puzzles are large. Some are complex. Some seem impossible to solve. Since 1997, Quintiq has been solving each of those puzzles using a single supply chain planning & optimization software platform. Today, approximately 12,000 users in over 80 countries rely on Quintiq software to plan and optimize workforces, logistics and production. Quintiq has headquarters in the Netherlands and the USA, and offices around the world.

For more information, visit http://www.quintiq.com or follow Quintiq on TwitterFacebookLinkedIn and YouTube.

Press Contacts:
North America Enquiries
Jon Temerlies
Racepoint Group
Tel: +1-202-349-0859
Quintiq@Racepointgroup.com

EMEA Enquiries
Charlotte Poh
Global Marketing Communication Manager
Tel: +31-(0)736910739
pressrelease@quintiq.com

Source: Quintiq

Written by asiafreshnews

October 17, 2013 at 11:58 am

Posted in All releases

Tim Freshwater Joins Brunswick as Hong Kong Senior Advisor

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HONG KONG /PRNewswire/ — Brunswick Group, a leading international corporate communications partnership, today announced that Tim Freshwater has joined the firm in Hong Kong as Senior Advisor.
Tim Freshwater
Tim Freshwater
“We are delighted to welcome Tim to Brunswick, and feel privileged to be able to draw on his counsel and deep corporate and financial experience in Hong Kong and across Asia,” said Alan Parker, founder and Chairman of Brunswick Group. “Tim is one of a number of distinguished senior advisors we can call on around the world, and it will be fantastic to have him on hand to advise us and our clients.”
Tim, who brings over four decades of experience from the legal and banking sectors to Brunswick, said, “I look forward to contributing to Brunswick’s continued growth in Hong Kong and China. I’ve been a friend of the firm for a number of years as it has developed a unique offer in the region, and welcome the opportunity to help the Brunswick team to provide insights and counsel as the business continues to expand in an increasingly complex environment.”
Until recently, Tim was a Vice Chairman of Goldman Sachs (Asia) LLC and he has held senior positions at international law firm Slaughter and May and at Jardine Fleming. He remains an advisory director at Goldman Sachs and currently sits on the boards of a number of companies in Hong Kong and elsewhere, including Hong Kong Exchanges & Clearing Ltd, Cosco Pacific Ltd and Swire Pacific Ltd. He is a past president of the Hong Kong Law Society and a past Board member of the Hong Kong Trade Development Council and the Hong Kong Community Chest and continues to hold a number of not-for-profit roles in Hong Kong.
Tim’s appointment comes in a series of strong steps for Brunswick in Asia this year. Brunswick is preparing to open a new office in India in a long-awaited expansion into that vibrant corporate market. It would be Brunswick’s fifth office in Asia and its 23rd globally, and follows the Singapore office launch this summer. Earlier this year, Brunswick also announced the appointment of Viacom, News Corp and Turner International Asia veteran Mei Yan as Senior Partner for China.
Driving the expansion into India will be Khozem Merchant. Khozem, most recently President at Pearson India and before that a leading Financial Times journalist, joins Brunswick as a Partner on 1 November.
Khozem will be joined by Pradeep Rajasekharan, who has been a director for two years with Brunswick in London and Dubai. Pradeep joined Brunswick following a career in asset management in Mumbai. The office is scheduled to open in the first quarter of 2014.
About Brunswick Group
Brunswick Group is a private partnership with a growing team of more than 700 people, including over 100 partners around the world. The firm has grown organically since it was established in 1987 and currently has 22 wholly owned offices in 13 countries. Brunswick is the global leader in financial and corporate communications, and provides senior counsel to clients around the globe on critical issues that affect reputation, valuation and business success. The firm’s service offer comprises corporate and financial communications, investor relations, internal communications and perception research. Brunswick was ranked by Mergermarkets, an independent organisation, as the top global merger and acquisition communications advisor for more than five consecutive years and has been ranked the top advisor across Asia Pacific (excluding Japan) for the past four years (2009 – 2012).
Brunswick operates offices in Abu Dhabi, Beijing, Berlin, Brussels, Dallas, Dubai, Frankfurt, Hong Kong, Johannesburg, London, Milan, Munich, New York, Paris, Rome, San Francisco, Shanghai, Singapore, Stockholm, Sao Paulo, Vienna and Washington DC.
Biography
TIM Freshwater – Tim joined Brunswick as Senior Advisor, Hong Kong, in September 2013. During his long and distinguished career, he has held senior roles at Slaughter and May, Jardine Fleming and Goldman Sachs. He currently sits on the boards of a number of companies in Hong Kong and elsewhere, including Hong Kong Exchanges Ltd & Clearing, Cosco Pacific Ltd and Swire Pacific Ltd. He is a past president of the Hong Kong Law Society and a past Board member of the Hong Kong Trade Development Council and the Hong Kong Community Chest and continues to hold a number of not for profit roles in Hong Kong.
Contact
Hong Kong
Christina Pantin
Tel: +852 3512 5000
cpantin@brunswickgroup.com

Written by asiafreshnews

October 17, 2013 at 11:58 am

Posted in Uncategorized