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FxPro Wins Best Forex Trading Platform at the Prestigious Investors Chronicle and Financial Times Investment Awards 2013

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LONDON /PRNewswire/ — FxPro Group Ltd (FxPro), the 100% Agency Model FX broker and an industry leader in the provision of advanced trading platforms and innovative, trade-enhancing tools, has been recognised by the readers of the Investors Chronicle and Financial Times, who, in a public vote, awarded FxPro the title Best Forex Trading Platform. In recent months FxPro has won high praise from several well-respected industry bodies by winning many similar awards.
“Winning the Financial Times Investment Award for Best Forex Trading Platform cements FxPro’s status as an industry pioneer. We strive to provide all traders with effective, customisable platforms that not only meet, but surpass their trading needs. With the release of FxPro SuperTrader, we have answered our clients’ calls for a platform that employs strict risk-management controls while allowing them to invest quickly and easily in strategies that suit their trading preferences.” Charalambos Psimolophitis, CEO at FxPro.
FxPro offers clients the flexibility to use three trading platforms: FxPro MetaTrader 4, FxPro cTrader, both of which cater for manual and algorithmic traders and the recently launched FxPro SuperTrader [] investment platform. With FxPro SuperTrader, clients can copy risk-rated strategies of approved trade leaders, while at the same time building a portfolio of successful strategies (more information
“FxPro has forex trading platforms that offer a full range of products and services and it is the deserved winner of this year’s award for Best Forex Trading Platform. From the feedback received during the voting process it is clear that our readers are very happy with the fact that FxPro is demonstrably on the side of its clients, and are highly impressed with the quality of its software and customer service.” John Hughman, Editor at Investors Chronicle.
Risk Warning
Trading CFDs involves a high risk of loss.
Media Contact
Media Relations
Tel: +44-(0)207-776-9720
About FxPro
FxPro Group Limited is an award-winning industry leader in the fast-growing FX market. Serving clients worldwide with advanced trading facilities and outstanding levels of customer support, they aspire to be the first choice for clients and being the leading provider of FX solutions.
FxPro UK Limited is authorised and regulated in the UK by the Financial Conduct Authority (FCA), registration 509956. FxPro Financial Services Limited is authorised and regulated by CySEC (078/07).
Source: FxPro Financial Services Ltd

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December 5, 2013 at 4:39 pm

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Frost & Sullivan Web Conference on Impact of Big Data on the Automotive Industry

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— Web conference welcomes Jamyn Edlis, CEO / Founder of Dash Labs, on presentation panel

LONDON, Dec. 4, 2013 /PRNewswire/ — Further to this week’s announcement of the upcoming web conference on the Impact of Big Data on the Automotive Industry, Frost & Sullivan welcomes Jamyn Edlis, CEO and Founder of Dash Labs, as guest presenter on the panel.

The web conference, which is taking place on Tuesday, 10 December 2013, at 3.00 p.m. GMT, will discuss emerging trends and opportunities for the Big Data Automotive Industry with Frost & Sullivan Program Manager, Niranjan Manohar, and Global Practice Director Automotive & Transportation, Sarwant Singh.

To participate in this complimentary web conference, please email Katja Feick at with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

Big data is not a new phenomenon in the automotive industry. The increasing presence of connectivity, with short-to mid-terms promising high-speed/high-bandwidth connectivity like LTE (long term evolution) in the car, is one of the key reasons for pursing big data in the industry. The shift is taking place due to the need to cut down on spiralling warranty costs and to create a data sharing network between the dealer, customer, OEM and others.

Participants of this web conference will learn about key big data features and services, understand societal, technological and other related challenges, as well as identify ways to evolve under the existing value chain.

“There is an increasing need to cut down spiralling warranty costs, especially the ones caused due to software failure, which was the reason for 60 percent of the recalls,” says Mr. Manohar. “Original equipment manufacturers (OEMs) need data related to the vehicle’s age, performance, and failure scenarios to reduce warranty spend.”

Frost & Sullivan expects 60 percent of the North American OEMs to come up with their big data strategy and offerings in the next two years enabled by the move to high bandwidth embedded connectivity technologies like LTE. OEMs develop different approaches to reach their targets; the killer OEMs will be those that can use predictive data analytics to impact a 1-3 percent reduction in warranty costs along with other important software and firmware over-the-air-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

Katja Feick
Corporate Communications – Europe
P: +49-(0)-69-7703343
Join our Forum on LinkedIn: Future of Mobility
Source: Frost & Sullivan

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December 5, 2013 at 4:02 pm

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Rosewood Hotels & Resorts to Manage Hotel de Crillon, Paris

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HONG KONG /PRNewswire/ — Rosewood Hotels & Resorts® has been appointed to manage the legendaryHotel de Crillon in Paris. Rosewood is widely regarded as a leading ultra-luxury hotel company whose portfolio includes both contemporary classics and historic properties such as Rosewood London and The Carlyle, the quintessential New York hotel. Hotel de Crillon is currently closed while it undergoes a complete restoration lasting two years and will reopen in 2015.
Hotel de Crillon – exterior
Hotel de Crillon – exterior
“Hotel de Crillon is more than just one of the world’s most majestic hotels. It is a landmark that personifies the poise, elegance and spirit of Paris,” says Radha Arora, president of Rosewood. “We strongly believe that the hotel aligns perfectly with Rosewood’s core ethos of A Sense of Place® and we look forward to drawing upon our expertise and experience to help write the next chapter in the history of this iconic property.”
“It was essential for us to find an operator who was able to grasp the uniqueness of this iconic property,” say Ramzi Wakim and Laurent Dusonchet, managing partners of Avangard Advisory, the owner’s representatives. “We were seduced by Rosewood’s tailor-made approach, its A Sense of Place® philosophy and its understanding of true luxury. We are thrilled to have them as partners and we are confident that the Hotel de Crillon will set new standards among the palace hotels.”
Originally built in 1758, Hotel de Crillon enjoys an unrivalled position overlooking Place de la Concorde, the most enviable address in Paris. Its walls are alive with history and the building has stood through the reign of two French Kings, the French Revolution, the rise and fall of the Napoleonic Empire and the birth of the League of Nations. The current restoration will add a contemporary polish to the hotel while remaining respectful of its traditions and faithful to its character. The architect is Richard Martinet and three Paris-based decorators, Chahan Minassian, Cyril Vergniol and Tristan Auer, overseen by Lebanese artistic director, Aline d’Amman, will be creating the new interiors.
This announcement comes shortly after the launch of Rosewood London. Housed in a grand Edwardian Belle Epoque building, the hotel opened in October and received great acclaim for its sensitive transformation, seamless service and rich interiors. Rosewood has embarked upon an ambitious global expansion with a particular focus on Europe and Asia. In 2014, the brand will open hotels in Beijing, Riyadh and Baha Mar with further openings already announced including Phuket, Bali and Bangkok.
About Rosewood Hotels & Resorts:
Rosewood Hotels & Resorts® manages 18 one-of-a-kind luxury properties in nine countries. Each Rosewood hotel embraces the brand’s A Sense of Place® philosophy to reflect the individual location’s history, culture and sensibilities. The Rosewood collection includes some of the world’s most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York and Rosewood Mansion on Turtle Creek® in Dallas, Texas, USA. Rosewood Hotels & Resorts targets to double its portfolio within five years with 11 future hotels currently announced.
For more information:
Connect with us: or Twitter @rosewoodhotels
About Hotel de Crillon
Fronted by the majestic architecture of Ange-Jacques Gabriel, the Hotel de Crillon faces the spectacular Concorde, one of the most beautiful city-squares in the world, while extending a legendary connection with the unmissable Faubourg Saint-Honore. Built at Louis XV’s request, the hotel became the residence of the illustrious Count Crillon’s family for many years and was transformed into a palace in 1909 under the direction of architect Walter-Andre Destailleur. Since then, it has welcomed travelers from around the world. Its guests are a refined and cosmopolitan group of celebrities, politicians, artists, princes and queens, all attracted to the hotel’s unique and perennial reputation for excellence. The Hotel de Crillon has long since secured its mythical status as a one-of-a-kind establishment, a living testament to the very best way of life France has to offer.
For more information:
Connect with us: or Twitter @hoteldecrillon
Media Contacts:
Hotel de Crillon
Sandrine Daban
Telephone: +33-1-44-71-15-25
Vivian Ma
Telephone: +852-2807-0220
North America
Callie Shumaker
Telephone: +1-646-654-3438
Stephanie M. De Vos
Telephone: +44-20-3003-6414
Source: Rosewood Hotels & Resorts

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December 5, 2013 at 2:44 pm

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Breaking own SEA funding record: USD112M for ZALORA Group

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Largest investment ever made into SEA e-fashion underscores strong growth perspective

KUALA LUMPUR, Malaysia, Dec. 4, 2013 /PRNewswire/ — ZALORA Group, Southeast Asia’s fastest-growing fashion & beauty online store, has secured a USD112 million (SGD139 million) round of funding. The fresh capital represents the largest single investment ever made into a SEA online fashion retailer and comes from privately held investor group Access Industries, funds managed by US-based asset management firm Scopia Capital Management LLC and other institutional investors. Thereby, ZALORA breaks their own record set in May 2013 with a then funding round of USD100 million. Also part of the ZALORA Group is THE ICONIC, Australia’s number one online fashion retailer.

This new round of funding signals investors’ strong confidence in the online retailer after a period of ongoing accelerated growth.Since its inception in 2012, ZALORA has grown to be Southeast Asia’s leading online fashion & beauty retailer offering more than 130,000 products and over 500 international brands.

Jorg Mohaupt, ZALORA Board Member from Access Industries, says: “ZALORA’s experienced management team has put the company on a path to become a premier online fashion destination. We are pleased to be part of this dynamic success story.”

Most recently, ZALORA launched its first private brand EZRA and focused on extending its assortment to offer the broadest variety possible of fashion and beauty items. The company operates in eight countries and delights its customers with a huge selection of top international fashion & beauty brands, which were previously only available in capital cities.

“The investment allows us to continue building out our position as the leading fashion and beauty e-commerce retailer in Southeast Asia,” says Michele Ferrario, Managing Director of the ZALORA Group. “We are focused on offering the best possible customer experience paired with a unique product offering of local and international brands. We will use this new investment to improve our position as the high-street fashion authority in Southeast Asia. We will grow our assortment and further enhance the portfolio of our private labels. Our goal is to continue serving up world-class products and services, so everyone in South-East Asia can benefit from the wide selection of products at ZALORA.”

Patrick Schmidt, CEO of THE ICONIC, adds: “ZALORA Group and THE ICONIC already have come a long way. In Australia we are approaching one million orders being shipped thanks to a fantastic local and international brand assortment and premium services such as 3 hour delivery in Sydney. This investment will allow us to continue to build the one-stop online shopping destination for fashion, footwear and beyond through a singular focus on customer satisfaction.”

The new capital will support ZALORA Groups efforts to scale up operations and gain an even stronger foothold throughout South-East Asia and Australia, serving 600 million potential online shopping customers in the region.

About ZALORA Group

ZALORA Group, founded in late 2011, is Asia-Pacific’s leading online fashion destination.

With presence in Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Hong Kong and Brunei, ZALORA’s localized sites offer an extensive collection of over 500 top international and local brands and over 130,000 products across apparel, shoes, accessories, and beauty categories for men and women. ZALORA offers a 30-day free returns policy, speedy deliveries within 2-3 working days, free delivery over a certain spend, and multiple payment methods including cash-on-delivery.

THE ICONIC is Australia’s leading online fashion retailer where customers can choose from more than 500 brands and over 45,000 products. THE ICONIC sets the bar in Australian online retail, offering its customers free overnight shipping to Australia and New Zealand, 100 day free returns, and 3 hour delivery in Sydney. THE ICONIC was recently named Australia’s second most successful e-commerce site behind mature retail giant Big W by Inside Retail.

For more information, please visit and
Source: ZALORA

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December 5, 2013 at 12:30 pm

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High 5 Games Announces First Ever Asian-Themed Social Casino

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NEW YORK /PRNewswire/ — In Macau and Singapore, the land-based casino industry is booming. From Las Vegas to Monte Carlo, casinos continue to welcome and attract players from the world’s largest continent. But now, for the first time ever, there will be an online social casino designed specifically for players who want authentic Asian-themed casino games.
“We’re very excited to announce the launch of Shake the Sky™, High 5 Games’ second social casino and the company’s first comprehensive product for the social and mobile Asian markets,” said Anthony Singer, CEO of High 5 Casino. “Shake the Sky will offer more than 30 region-specific games to tap into the growing enthusiasm players have for real slot content.”
As the premier destination for authentic Asian-themed slot games, Shake the Sky will offer proven slot titles from H5G’s existing collection (including top-performing games in Asia like West Journey Treasure Hunt™, Golden Three Kingdom™, and Four Great Chinese Beauties™) as well as never-before-seen brands before they premiere in real casinos around the world.
The casino will debut games specifically crafted for this audience featuring beautiful artwork, original music, and auspicious symbols. Players will recognize familiar themes inspired by soap operas, Wuxia films, and lifestyles throughout the 20th century, to name a few. Shake the Sky™ players will soon be the first in the world to experience upcoming real casino hits like Shanghai Rose™ and Zen Panda™. The casino will also be the first on Facebook to pair Asian themes with premium trademarked slot features, like Super Stacks™, Super Symbols™, and Split Symbols™.
The style and gameplay of Shake the Sky™ will be modeled off of High 5 Casino, the highest rated social casino in the industry with 4.3 out of 5.0 stars. Shake the Sky™ will premiere on Facebook this month. Facebook team members were recently on-site at the High 5 Games office in New York to celebrate the announcement of the upcoming casino launch.
For more information on the launch of Shake the Sky™ casino, contact Media Relations at
About High 5 Games
Developing for the land-based, online, social, and mobile markets, High 5 Games has created hundreds of games that are played on six continents and in more than 150 countries. Founded in 1995 with offices in New York and New Jersey, H5G is responsible for many of the casino industry’s most successful video-reel slot machine games. The company’s social product High 5 Casino is one of the best-performing casinos on Facebook, with more than 1.5 million monthly active players and 500,000 daily active users.
West Journey Treasure Hunt™, Golden Three Kingdom™, Four Great Chinese Beauties™, Shanghai Rose™, and Zen Panda™ were created by High 5 Games. The company is responsible for creating top industry features, including Super Stacks™, Super Symbols™, and Split Symbols™. For more information on High 5 Games (H5G), go to
West Journey Treasure Hunt™, Golden Three Kingdom™, Four Great Chinese Beauties™, Super Stacks™, Super Symbols™, and Split Symbols™ trademarks and copyrights are owned and/or registered by IGT in the U.S. and/or other countries.
Note: Shake the Sky™ is for entertainment only and is not a gambling product. No player can win money through playing Shake the Sky™ and all games in the virtual casino can be accessed without purchase.
Source: High 5 Games

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December 5, 2013 at 12:25 pm

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Singapore’s CFD Market is Healthy Though Waning, as CMC Markets Clean up Industry Awards

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SINGAPORE, Dec. 5, 2013 /PRNewswire/ — The opinions of Singapore’s CFD traders have been laid bare through the findings of the 2013 Investment Trends Singapore CFD & FX Report. Among its key findings:
Singapore’s CFD market remains healthy, though the number of traders has declined significantly this year
Phillip CFD remains Singapore’s biggest CFD provider in terms of market share
CMC Markets had a clean sweep of Client Satisfaction Awards voted for by CFD traders
CMC Markets clean up with all Client Satisfaction Awards
The annual report collates the findings of surveys completed by over 10,000 investors, including traders of CFDs — financial derivative products known as contracts for difference — in Singapore. This produces the most comprehensive insight available into the Singapore CFD market.
Based on their research, Investment Trends names award winners, recognising the highest client satisfaction with CFD providers in certain key categories, as voted for by Singapore’s CFD traders. CMC Markets were rated the CFD provider with the highest overall client satisfaction, and won all individual awards voted for — sharing one — as outlined below.
Award Category Winner
Highest overall client satisfaction CMC Markets
Value for money CMC Markets
Platform features CMC Markets
Mobile platform CMC Markets
Customer Service CMC Markets & IG
Phillip CFD remains Singapore’s biggest CFD provider by primary relationships.
Jason Hughes, Head of Sales Trading of CMC Markets added, “While we welcome awards as recognition of past performance, especially those voted for by Singapore’s CFD traders, we have more work to do. Led by client feedback, we’ve recently fixed mistakes we’ve made, and improved our proposition across the board.”
Market statistics
Over 17,000 people in Singapore currently trade CFDs, and a further 11,000 plan to start doing so in the next year. While demand remains healthy, perhaps the most striking of the report’s findings is the 23% contraction of the CFD market in the last year. This is a significantly higher decline than in other regions researched by Investment Trends (the UK, Australia, France and Germany).
Commenting on this, Hughes said, “The regulatory controls over opening CFD accounts in Singapore, such as the Customer Knowledge Assessment, are more restrictive than in other countries, such as the UK and Australia. This means that traders of CFDs with Singapore-based brokers are among the world’s most financially astute. The flipside is that less financially astute traders — those who are more vulnerable — can only trade CFDs with brokers based offshore, without the same controls and protection. This remains a ‘hot topic’ in the industry.”
For further details/comment

Derek McGuire Jason Hughes
Marketing Manager Head of Sales Trading
CMC Markets Singapore CMC Markets Singapore
T: +65-6559-6020 T: +65-6559-6004
M: +65-9777-1029 M: +65-9113-7601
About CMC Markets
CMC Markets is a leading global provider of Contracts For Difference (CFDs) and Foreign Exchange (FX). Founded in 1989, the company serves over 75,000 clients worldwide. In 2012, CMC Markets executed over 33m trades with a value of more than 1.2tr pounds. With 13 offices around the world – in major markets such Australia, United Kingdom, Germany and Spain — CMC Markets has been active in Singapore from its Raffles Place office since 2007.
Committed to raising industry standards through innovation in the way people invest in financial markets, CMC Markets Singapore offers a wide range of global CFD products, such as Shares, Forex, Commodities, Indices, Treasuries and Forwards CFD.
Source: CMC Markets

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December 5, 2013 at 12:06 pm

Ryzodeg(R) Offers Improved Glycaemic Control With Significantly Lower Rates of Hypoglycaemia Compared to Biphasic Insulin Aspart 30 in Adults With Type 2 Diabetes[1]

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COPENHAGEN, Denmark, Dec. 3, 2013 /PRNewswire/ — Data presented today at the World Diabetes Congress of the International Diabetes Federation (IDF) show that adults with type 2 diabetes achieved improved glycaemic control, significantly lower rates of overall and nocturnal confirmed hypoglycaemia for the full trial period, and a significantly lower rate of severe hypoglycaemia during the maintenance period (defined as week 16 onwards) with Ryzodeg® compared to biphasic insulin aspart 30, both administered twice-daily[1].

To view the Multimedia News Release, please click:

Ryzodeg® is the first combination of two distinct insulin analogues, Tresiba® (insulin degludec), the once-daily basal insulin with an ultra-long duration of action, and the well-established mealtime insulin NovoRapid® (insulin aspart), in the ratio of 70% and 30%, in one pen for people with type 2 diabetes[2]-[4].

“Type 2 diabetes is a progressive disease and many patients who are uncontrolled with basal insulin need to add mealtime insulin to achieve or maintain their glycaemic targets over time. As Ryzodeg® is a combination of two distinct insulins, a basal insulin with a long and steady action profile and a well-established mealtime insulin, it is a simple way for patients to add mealtime control with a reduced risk of overall and nocturnal confirmed, and severe hypoglycaemia,” said lead investigator Gregory Fulcher, Royal North Shore Hospital, Sydney, Australia.

The multinational BOOST™ INTENSIFY PREMIXI trial was a 26-week, randomised, controlled open-label, treat-to-target trial comparing the efficacy and safety of Ryzodeg® and biphasic insulin aspart 30, both administered twice-daily with or without oral antidiabetic drugs in adult patients with type 2 diabetes previously treated with premixed or self-mixed insulin either once- or twice-daily.

Overall study results include[1]:

Ryzodeg® achieved the primary endpoint of non-inferiority to biphasic insulin aspart 30 for mean change in HbA1c from baseline (estimated treatment difference [ETD] -0.03% points, 95% CI -0.18; 0.13).
Ryzodeg® achieved the secondary endpoint of superiority in lowering FPG compared withbiphasic insulin aspart 30(ETD -1.14 mmol/L, 95% CI -1.53; -0.76, p<0.001).
Final mean daily insulin dose was 11% lower for Ryzodeg® compared with biphasic insulin aspart 30 (1.08 U/kg versus 1.20 U/kg; estimated rate ratio [RR] 0.89, 95% CI 0.83; 0.96, p=0.002).
Significantly lower rates of overall confirmed (self-reported PG <3.1 mmol/L or severe episode requiring assistance) and nocturnalconfirmed hypoglycaemia (onset 00.01-05.59 hours) for Ryzodeg® versus biphasic insulin aspart 30 were reported.

o A 32% lower rate of overall confirmed hypoglycaemia(9.7 versus 14.0 episodes/patient/year, RR 0.68, 95%CI 0.52; 0.89, p=0.0049).

o A73% lower rate of nocturnalconfirmed hypoglycaemia (0.7 versus 2.5 episodes/patient/year; RR 0.27, 95% CI 0.18; 0.41, p<0.0001).

o A numerically lower rate of severe hypoglycaemia, although the difference was not significant (0.09 versus 0.25 episodes/patient/year, RR 0.50, 95% CI 0.19; 1.30, p=ns).

During the maintenance period (defined as week 16 onwards, a period when majority of patients achieve stable insulin dose and glycaemic control) significant differences were reported in rates of hypoglycaemia comparing Ryzodeg® with biphasic insulin aspart 30.

o A 39% lower rate of overallconfirmed hypoglycaemia(RR 0.61, 95% CI 0.45; 0.83, p=0.0015).

o A 77% lower rate of nocturnal confirmed hypoglycaemia(RR 0.23, 95% CI 0.13; 0.41, p<0.0001).

o An 89% lower rate of severe hypoglycaemia (RR 0.11, 95% CI 0.01; 0.91, p=0.04).


1.Fulcher G, et al. Insulin degludec/insulin aspart achieves superior FPG and less hypoglycaemia vs biphasic insulin aspart 30 in poorly controlled T2DM. Poster #1399, presented at International Diabetes Federation (IDF), World Diabetes Congress, Melbourne, December 2013.

2.Ryzodeg® Summary of Product Characteristics (SmPC). May 2013.

3.Jonassen I, et al. Ultra-long acting insulin degludec can be combined with rapid-acting insulin aspart in a soluble co-formulation. J Peptide Sci 2010;16(Suppl.1):32.

4.De Rycke A, et al. Degludec – first of a new generation of insulins. Eur Endocrinol 2011;7:84-7.

5.Fulcher G, et al. Superior FPG control and reduced hypoglycaemia with IDegAsp vs BIAsp 30 in adults with type 2 diabetes mellitus inadequately controlled on pre/self-mixed insulin: a randomised phase 3 trial. Diabetologia 2013;56(Suppl.1):S419-20 (abstract 1044).

6.Vaag A, et al. Lower rates of overall, nocturnal and severe hypoglycaemia during maintenance treatment with IDegAsp vs biphasic insulin aspart 30 in patients with type 2 diabetes mellitus: a meta-analysis. Diabetologia 2013;56(Suppl.1):S83 (abstract 187).


Further information
Katrine Sperling

Ken Inchausti (US)

Kasper Roseeuw Poulsen

Frank Daniel Mersebach
Daniel Bohsen

Lars Borup Jacobsen

Jannick Lindegaard (US)

About Ryzodeg®
Ryzodeg® is the global brand name forinsulin degludec/insulin aspart. It is a combination of two distinct insulin analogues, Tresiba® (insulin degludec) and NovoRapid® (insulin aspart) in the ratio of 70% and 30%. Ryzodeg® delivered twice-daily at main meals offers successful reductions in HbA1c[2] with lower rates of hypoglycaemia versus biphasic insulin aspart 30 in people with type 2 diabetes[5],[6]. Ryzodeg® has been approved in Japan, Mexico, EU, Norway, Iceland, Switzerland, El Salvador and Chile.

About the BOOST™ programme
Novo Nordisk completed the phase 3a BOOST™ programme in 2010. This programme consisted of six randomised, controlled, treat-to-target trials in more than 30 countries and comprised the majority of the data supporting the regulatory applications for Ryzodeg®. More than 2000 people were included in the development programme. The programme was designed after consultancy with regulatory agencies in Europe and USA.

Headquartered in Denmark, Novo Nordisk is a global healthcare company with 90 years of innovation and leadership in diabetes care. The company also has leading positions within haemophilia care, growth hormone therapy and hormone replacement therapy. Headquartered in Denmark, Novo Nordisk employs approximately 37,000 employees in 75 countries, and markets its products in more than 180 countries. For more information, visit
Source: Novo Nordisk

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December 5, 2013 at 6:47 am

Posted in Uncategorized

RasGas Celebrates Record Safety Milestone

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RAS LAFFAN, Qatar, Dec. 3, 2013 /PRNewswire/ — More than 30,000 construction workers achieve record 100 million manhours LTI-free at Ras Laffan

RasGas Company Limited celebrated an unprecedented record of 100 million work manhours Lost Time Incident (LTI) free at a ceremony in Ras Laffan this morning. This impressive achievement became a reality as a result of RasGas’ on-going commitment to safety and through its stringent safety strategies, systems and processes.


The celebration was attended by His Excellency Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum, Hamad Rashid Al Mohannadi, RasGas Chief Executive Officer (CEO), RasGas Board of Directors, Barzan Executive Committee, President and General Manager of ExxonMobil Qatar Inc., RasGas’ Executive Leadership Team, international dignitaries as well as representatives from the various contractors and sub-contractors. It was also attended by 10,000 of the multi-national contractor site workers who made this amazing achievement possible.

During the celebration, welcome speeches were given by Mr. Al-Mohannadi and Mr. Bseiso, RasGas Chief Venture Officer and a short film on the record achievement was also shown. Guests later visited the Barzan construction site, where H.E. Dr. Al-Sada in his speech recognised and congratulated the contract workers and toured the project site.

H.E. Dr. Al-Sada, expressed his pride with this achievement. “On behalf of the State of Qatar and Qatar Petroleum, I am delighted to join you today to celebrate a historic achievement and to congratulate all of you for accomplishing 100 million man-hours without a lost time incident,” he told the site workers at the celebration.

“This remarkable safety milestone could not have been achieved without the exceptional teamwork and attention to detail by RasGas, its contractors, and sub-contractors; but most of all, it could not have been achieved without you following the correct safety procedures. Each of you has worked hard as a single team for this recognition; and you deserve this celebration. I sincerely thank you for making Qatar proud,” added H.E. Dr Al Sada.

H.E. Dr. Al Sada stressed that the State of Qatar sees no room for complacency when it comes to the welfare, well-being, and safety of its workers. “What really matters for us at the end of the day is that everybody goes home safe.”

His Excellency, The Minister expressed admiration that, in total, more than 30,000 workers from 45 countries have contributed to this historic achievement. He also recognised the efforts of RasGas adding “I also would like to thank RasGas, which is not just a reliable energy supplier, but is also an industry leader in safety and environmental performance”.

The 100 million man-hour record is an industry best and reflects RasGas’ commitment to creating a safe workplace by setting high safety standards and ensuring operational excellence. “RasGas does not compromise on safety; as a world class global energy supplier, safety governs every aspect of how we do business. I am very proud of our impressive achievement and extend my congratulations to the RasGas Venture Group, project management teams, contractors, subcontractors and site workers for making this incredible milestone possible,” said Al Mohannadi.

Tasked with overseeing all RasGas construction projects, the Venture Group is dedicated to implementing and promoting safety across all construction sites. Over two million safety observations and interventions have been conducted during current Venture activities, and programmes such as “Total Safety Task Instruction” have helped raise the safety standard and quality for hazard assessment and work processes in the field.

“When all project elements are considered – including, having a workforce of more than 30,000 workers from 45 nationalities, a three-square-kilometre complex project site, and working at a rate of over 1.5 million hours per week – successfully managing all these components simultaneously makes reaching this achievement truly remarkable. said Mr. Bseiso.

To demonstrate RasGas’ appreciation, contract site workers were invited to a live concert by bands from their home countries followed by a special international lunch.


Below for your use are quotes and reactions from some of the ambassadors who were present at the celebration

H.E. Sanjeev Arora
Ambassador of India to Qatar

This has been a very informative, enjoyable and interesting visit; very impressive. We in India have deep admiration for Qatar in their strive to develop in the different spheres and what we saw this morning is living testimony to that. It’s very heartening that there are professionals and workers from so many countries. I was delighted to meet colleagues from RasGas and professionals from various parts of the world. It seems that the largest numbers are from India.

The friendship between India and Qatar is time-tested; it is steeped in history and the presence of our large accomplished vibrant and highly regarded community is a demonstration of that friendship and partnership and the growing cooperation we have in different spheres. I think such partnership between our two countries are natural and add to our mutual benefits.

Mr Ganesh Prasad Dhakal

Charge d’Affaires

The Embassy of Nepal in Qatar

I would like to congratulate RasGas for the 100 million manhours LTI-free achievement. On this occasion, I would like to congratulate all of the personnel working at the company. It is an amazing company and I have seen so much construction underway. It is a big achievement in the field of management for the gas industry.

RasGas is actually providing a very good opportunity to workers from Nepal. We want to send more Nepali workers in the future to this prestigious company.

H.E. Syed Masud Mahmood Khundoker

Ambassador of The People’s Republic of Bangladesh to Qatar

Firstly, I want to congratulate RasGas for successfully competing 100m man hours LTI-free. This is the best celebration. I am really amazed to see this huge construction project and it is really complex one and you are managing this project and construction work very amazingly. I am very much happy.

We have a lot of Bangladeshis working in Qatar and about 500 in RasGas. We are very proud to have the opportunity to serve the Qatar economy. We are partners of Qatar’s economic activities. We are really proud of it. Our workers are happy to work here.

Ms. Nada Al-Nashif

Regional Director

International Labor Organization

I think we were very impressed to be part of this event. I represent the International Labor Organization and we work across the world to ensure the high international standards including Occupational Safety and Health. Given the scale of this project and the diversity of workers here, it appears to come together in a seamless fashion to ensure a great record. So congratulations and we’re happy we could be a part of this.

About RasGas

RasGas Company Limited (RasGas) is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil RasGas Inc. RasGas acts as the operating company for and on behalf of the owners of the liquefied natural gas (LNG) projects RL, RL (II) and RL3 (Project Owners). With operations facilities based in Ras Laffan Industrial City, Qatar, RasGas’ principal activities are to extract, process, liquefy, store and export LNG and its derivatives from Qatar’s North Field. RasGas, on behalf of the Project Owners, exports to countries across Asia, Europe and the Americas with a total LNG production capacity of approximately 37 million tonnes per annum.

For pipeline sales gas to the domestic market, RasGas also operates the Al Khaleej Gas Projects, AKG-1 and AKG-2 supplying approximately 2.0 billion standard cubic feet (Bscf) per day. RasGas is currently adding production capacity by building the Barzan Gas Project which when fully operational in 2015, is expected to supply approximately 1.4 Bscf of additional sales gas per day to the Qatari market to meet growing demand for energy at power stations and downstream industries.

RasGas currently operates the Ras Laffan Helium Plant which was established in 2003 and came on stream in 2005. The plant extracts, purifies and liquefies helium from the North Field. The second helium plant entered production in June 2013 bringing the total liquid Helium production capacity to 1.96 Bscf per year.
Source: RasGas Company Limited

Written by asiafreshnews

December 5, 2013 at 6:37 am

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Eurazeo Plans to Sell Around 37% of its Interest in Moncler

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MILAN, Dec. 3, 2013 /PRNewswire/ — On November 27, Moncler announced the launch of its IPO on the Telematic Stock Market (Mercato Telematico Azionario (MTA)) of the Italian Stock Exchange.

In connection with this IPO, ECIP M, a company controlled by Eurazeo, would offer for sale 36.85% of its shareholding interest (as part of the full exercise of the greenshoe option involving 15% of the Global Offering). Based on the maximum sale percentage, in the six days following the completion of the IPO, ECIP M would assign 5.08% of Moncler’s capital to its shareholders other than Eurazeo and its co-investment fund Eurazeo Partners and would therefore hold 23.33% of Moncler’s capital.

Eurazeo would thus sell approximately 37% of its investment in Moncler and would hold at the end of this transaction, including through its investment in Eurazeo Partners, 19.71% of the share capital of Moncler.

To view the Multimedia News Release, please click:


The Global Offering consists of up to 66,800,000 Ordinary Shares sold by the Selling Shareholders, representing 26.7% of the Company’s share capital (or 30.7% assuming the full exercise of the Greenshoe Option);

The Italian Public Offering will begin on Thursday 28 November 2013 and will end at 1.30 p.m. on Wednesday 11 December 2013;

The Institutional Offering and the Japanese Public Offering have begun on Wednesday 27 November 2013 and will end on Wednesday 11 December 2013;

The indicative price range of the Offering is expected to be between a non-binding minimum of Euro 2,187.50 million and a binding maximum of Euro 2,550.00 million, equal to a non-binding minimum price of Euro 8.75 per Ordinary Share and a binding maximum price of Euro 10.20 per Ordinary Share.

The Global Offering consists of :

an Italian Public Offering of up to 6,680,000 Shares, representing approximately 10% of the Global Offering, addressed to the general public in Italy; and

a simultaneous offering to institutional investors of up to 60,120,000 Shares, representing approximately 90% of the Global Offering, to institutional investors outside the United States pursuant to Regulation S of the United States Securities Act of 1933, as amended, and in the United States of America, limited to “Qualified Institutional Buyers” pursuant to Rule 144A of the United States Securities Act of 1933, as amended, and specific categories of investor in the provinces of Canada. As part of the Institutional Placement up to 6,680,000 Shares, or approximately 10% of the Global Offering, will be reserved for offering to the public in Japan without a listing of the Shares (Public Offering Without Listing or POWL).

Source: Eurazeo

Written by asiafreshnews

December 5, 2013 at 6:26 am

Posted in Uncategorized