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Archive for January 21st, 2014

“2014 Taiwan Jewellery and Gem Fair” Now Open for Booking!

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TAIPEI, Jan. 16, 2014 /PRNewswire/ — Organised by UBM Asia Ltd., Taiwan Branch, and co-organised by the Taiwan Jewelry Industry Association and the Taipei Jewelers’ Association, Taiwan’s largest professional jewellery trade exhibition, the Taiwan Jewellery and Gem Fair, is now accepting bookings for 2014.
National Pavilions
National Pavilions

2013 Fair on-site
2013 Fair on-site

2013 Fair on-site
2013 Fair on-site

Ring of floral motif design: cabochon icy jadeite, diamonds, and emerald green jadeites, from Top Kang Jewellery
Ring of floral motif design: cabochon icy jadeite, diamonds, and emerald green jadeites, from Top Kang Jewellery

Following the debut edition of the fair in 2013, the exhibition has received wide acclaim and strong support from the jewellery industry in Taiwan. Over 70% of the exhibitors expressed their intent to participate again this year, with many requesting to expand their booth space. From this overwhelmingly positive response, it can be judged that the Fair brought extensive business opportunities for the exhibitors.
The 2013 Taiwan Jewellery & Gem Fair, which extended over 3,100 square meters of exhibition net space with 330 booths, successfully attracted 210 exhibitors from 18 countries and regions with over 6,362 buyers from 31 countries and regions.
The 2014 Taiwan Jewellery and Gem Fair will be held on 21-24 November at Taipei World Trade Center, Hall 1. The Fair will again be sectored by country and group pavilions, such as Germany, Hong Kong, India, Japan, Singapore, Sri Lanka, Switzerland, Taiwan, and Thailand. The Fair will showcase the greatest products range from quality loose stones, mountings and raw materials to fine jewelleries.
During the last event, jewellery retailers from Taiwan expressed tremendous interest in jewellery tools and machinery. For that, the Organiser will be actively recruiting companies of related field to satisfy such demand in the coming year.
In addition, the Fair is dedicating a “Splendid Area” in which the products and booth designs will be exclusive. Exhibits in the “Splendid Area” will feature spectacular jewelleries and gems such as the rare melopearl ring with diamonds worth over US$ 300,000 as well as custom-made antique royalty jewelleries, to name a few.
Aside from the gorgeous pavilions, the Fair will also be hosting a variety of events such as professional seminars, an international jewellery design competition, and a jewellery show. These events are certain to draw industry buyers’ attention.
The Taiwan Jewellery & Gem Fair is the only international platform in Taiwan available for buyers to trade, network, conduct market research and more at one stop. It is now open for bookings, join us and explore the blossoming jewellery market in Taiwan!
About UBM Asia Ltd. (http://www.ubmasia.com/)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is headquartered in Hong Kong and operates in all of the major countries across Asia. It has over 240 products including trade fairs, conferences, trade publications and on-line media. As Asia’s leading exhibition organiser, it stages market-leading events in numerous industries across the region. In the jewellery market, it organises several jewellery exhibitions including the Hong Kong Jewellery & Gem Fair, which is the largest jewellery event in the world.
Further details on exhibiting please contact:
UBM Asia Ltd., Taiwan Branch
Room 306, 3F, No. 51, KeeLung Road, Section 2, Taipei 11052, Taiwan
Tel: +886-2-2738-3898
Fax: +886-2-2738-4886
Email: info-tw@ubm.com
Contact: Ms. JoJo Lee
Source: UBM Asia Ltd., Taiwan Branch

Written by asiafreshnews

January 21, 2014 at 4:46 pm

Posted in Uncategorized

Frost & Sullivan Honors GNF Technologies for Addressing Unmet Need of Patient Nutrition Monitoring

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— NAT is a potential game-changer in the patient nutrition space due to its ability to impact patient outcomes, hospital stay and cost-containment initiatives

MOUNTAIN VIEW, Calif., Jan. 20, 2014 /PRNewswire/ — Based on its recent analysis of the patient nutrition market, Frost & Sullivan recognizes GNF Technologies with the 2013 North America Frost & Sullivan Award for New Product Innovation for its Nutrition Advanced Technology (NAT) solution. This tool provides medical staff with up-to-the-minute records of patients’ nutrition intake, which allows caregivers to remedy any interruptions in feeding.

NAT addresses three unmet needs in the market: monitoring and documenting patient nutrition information; providing near-real time and historical patient data based on personalized nutrition logs; and recording food intake while simultaneously comparing it with calculated nutritional goals. This nutrition data will serve as an additional source of information that will help doctors better understand the disease and patient behavior.

NAT technology also plugs the gaps that exist in the current enteral pump designs, which prevent them from consistently delivering the prescribed amounts of food. NAT’s ability to continuously monitor nutritional intake and compare the intake with the recommended caloric goal makes it a far more effective tool than competing products.

“NAT also has the ability to interface with electronic medical records (EMR), which helps in the accurate analysis of patient demographics and laboratory data,” said Frost & Sullivan Research Analyst Venkat Rajan. “This allows all data to be concentrated in one space to give doctors easy access to patient history.”

Another outstanding feature of NAT is its vendor neutrality; it can be connected to any hospital information system (HIS) or enteral feeding pump. As an adjunctive solution, its versatility makes it easier for hospitals and doctors to assimilate it into their daily routines. The synergies between NAT and other monitoring devices could result in a comprehensive solution that helps prevent patient complications.

This novel technology will be implemented in phases. Phase one will cover the NAT software application, setting up the innovative support tool for clinicians. Phase two will deal with the introduction of the scale, which will accurately monitor and record the time and rate of the nutrition intake automatically and interface with the software.

As well-nourished patients have a higher and quicker chance of recovery, NAT has the potential to reduce hospital stay and lower overall healthcare complications and associated costs. The timing of the product is also fortuitous, considering the Joint Commission’s recent focus on the need to set up nutrition standards for patients in hospitals.

“Furthermore, the NAT product design is simple and easy to use; this eliminates the need for extensive training programs and facilitates adoption and implementation,” noted Rajan. “In the coming years, Frost & Sullivan believes that NAT will exhibit more improvements, not only in functionality, but also aesthetics.”

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, increases customer acquisition and overall market penetration potential.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About GNF Technologies

GNF Technologies, LLC is a leader in delivering innovative solutions to healthcare, improving patient outcomes. With over 100 years of clinical expertise, GNF Technologies has proven to be a game-changer in nutrition therapy.

Our Mission is to create and deliver highly innovative healthcare solutions with the use of advanced technology and value-driven products, allowing healthcare providers to deliver high-quality patient care and ensuring world-class service, optimizing quality of life and improving patient outcome.
Our Value Proposition: GNF Technologies employs innovative technology to craft solutions which improve patient care. By using disruptive technology innovations, our solutions improve the productivity of the healthcare clinician by enhancing communication and collaboration in an effective and affordable way.

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

Contact:

Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com
Source: Frost & Sullivan

Written by asiafreshnews

January 21, 2014 at 4:20 pm

Posted in Uncategorized

Digital Realty Provides Update on Open-IX and Connectivity Initiatives at PTC ’14

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— Open IX Certification on Track; Inter-IPX Services to Be Offered in New York

HONOLULU, Jan. 20, 2014 /PRNewswire/ — Digital Realty Trust, Inc. (NYSE: DLR), the global data center and colocation company, provided an update today regarding its connectivity initiatives in conjunction with its participation in this week’s Pacific Telecommunications Council Conference (PTC ’14) in Honolulu, Hawaii, January 19 – 22, 2014.

Digital Realty Vice President of Connectivity John Sarkis commented, “Since our initial launch of the Digital Open Internet Exchange in August 2013, we have made significant progress in creating a truly open internet exchange environment. The announcement of AMS-IX’s (Amsterdam Internet Exchange) Open Internet Exchange within our 111 8th Avenue facility in New York paves the way for a successful initiative across the Open-IX forum. Digital Realty will continue to promote the availability of neutral, secure, reliable, and cost-effective internet exchange environments throughout our properties.”

Link to video of John Sarkis discussing the Digital Realty open internet exchange environment.

“In setting up the first U.S.-based internet exchange according to AMS-IX’s business model in Amsterdam, Digital Realty has been an important partner for us. They understand the value of the neutral and distributed internet exchange model for the U.S. internet market and the importance of high quality infrastructure to its efficient running,” said Job Witteman, Chief Executive Officer of AMS-IX. “AMS-IX is also the world’s first exchange to offer an Inter-IPX service to its customers and is planning to deploy this service at AMS-IX New York. The AMS-IX Inter-IPX service provides an open interconnecting solution that allows IPX networks to securely and efficiently exchange IP traffic with other mobile networks, thereby covering more territory, and handling more content and volume.” The Inter-IPX service complies with the high quality SLAs required by GSMA. Currently, 15 organizations use the Inter-IPX service at AMS-IX in Amsterdam, including TATA Communications, Comfone AG, and iBasis.

John Sarkis added, “The enablement of the Inter-IPX application across AMS-IX’s Open-IX platform is a further example of the evolution of the Open-IX environment, which we plan to continue to support across our portfolio.”

Open-IX Certification Process Initiated

The Open-IX consortium and the internet community offer data center operators the opportunity to become Open-IX certified. Open-IX certification provides third-party verification that the data center has adopted professional standards regarding open access. Digital Realty is in the process of applying for Open-IX certification for its data centers in several key markets, including New York, New Jersey, Chicago, Northern Virginia, Silicon Valley, San Francisco and Los Angeles.

The Open-IX framework ensures future continuity of the neutral governance model and the technical compliance of any participating internet exchange. The ultimate objective of Open-IX is to reduce interconnection complexity and the associated costs in North America, which have been higher than in Europe, where the neutral and distributed internet exchange model is very common.

Digital Realty is First AMS-IX Site Deployed in the U.S.

AMS-IX New York is a neutral and independent internet exchange, offering high-quality IP peering and interconnectivity services in the New York/New Jersey area since November 2013. It spans four locations, including Digital Realty’s 111 8th Avenue data center. Currently, nine organizations have signed on to connect to AMS-IX New York from 111 8th Avenue, including Netflix and IX Reach.

AMS-IX New York is built according to AMS-IX’s successful business model in Amsterdam. This internet exchange serves a diverse and unique mix of internet companies including international carriers, mobile operators, content providers, hosting and cloud companies and other related internet parties. AMS-IX interconnects more than 600 IP networks and its business traffic reaches peaks of more than 2.6 terabits per second, making it the largest internet exchange in the world.

AMS-IX New York is the first internet exchange of AMS-IX USA Inc. established as part of the Open-IX initiative. This initiative was started by a group of internet network operators, content owners and other market participants, of which a large number are already connected to AMS-IX in Amsterdam.

Inter-IPX Service at AMS-IX New York

AMS-IX, the world’s first exchange offering an Inter-IPX service to its customers, is planning to deploy this service at AMS-IX New York as well. The AMS-IX Inter-IPX service provides an open interconnecting solution that allows IPX networks to securely and efficiently exchange IP traffic with other mobile networks, thereby covering more territory, content, and volume. The Inter-IPX service complies with the high quality SLAs required by GSMA. Currently, 15 organizations use the Inter-IPX service at AMS-IX in Amsterdam, including TATA Communications, Comfone AG, and iBasis.

About Digital Realty

Digital Realty Trust, Inc. focuses on delivering customer-driven data center solutions by providing secure, reliable and cost-effective facilities that meet each customer’s unique data center needs. Digital Realty’s customers include domestic and international companies across multiple industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, health care and consumer products. Digital Realty’s 130 properties, including twelve properties held as investments in unconsolidated joint ventures, comprised approximately 24.0 million square feet as of September 30, 2013, including 2.8 million square feet of space held for development. Digital Realty’s portfolio is located in 33 markets throughout North America, Europe, Asia and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty’s website at http://www.digitalrealty.com.

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our Digital Open Internet Exchange initiative, AMS-IX, our plans regarding the Open Internet Exchange, and our plans for Open-IX certification of our data centers. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government’s credit rating; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for development; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013, June 30, 2013 and September 30, 2013. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

General information:
John Sarkis
Vice President, Connectivity
+1 (917) 863-9135
jsarkis@digitalrealty.com

Media contact:
Rebecca Bergman
Analyst Relations Manager
+1 (415) 848-9395
rbergman@digitalrealty.com
Source: Digital Realty Trust, Inc.
Related stocks: NYSE:DLR

Written by asiafreshnews

January 21, 2014 at 3:44 pm

Posted in Uncategorized

Victory for SI Group in Landmark ITC Case against Sino Legend

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— 10-Year Import Ban against Sino Legend Takes Effect Immediately
SCHENECTADY, N.Y. /PRNewswire/ — SI Group, Inc., a leading global developer and manufacturer of chemical intermediates, specialty resins, and solutions, announced its victory in a landmark intellectual property lawsuit before the International Trade Commission (ITC).
(Logo: http://photos.prnewswire.com/prnh/20130204/NY53537LOGO-b)
SI Group had filed a complaint with the ITC alleging that Sino Legend and the other respondents had misappropriated SI Group trade secrets by importing certain tackifier resins into the U.S. The Sino Legend products at issue in the case included SL-1801, SL-1801 LFP, SL-1802, and SL-1802 LFP tackifier resins. In a final determination issued January 15, 2014, the ITC confirmed that Sino Legend, Red Avenue and certain affiliates of those companies violated Section 337 of the U.S. Tariff Act by importing rubber resins made using SI Group trade secrets. As a result, the ITC has imposed a 10-year ban on the importation of the affected products into the U.S. The import ban goes into immediate effect.
“It’s a major victory for SI Group,” said Frank Bozich, President and CEO. “The ITC’s final decision reinforces what we’ve been saying all along: Our intellectual property was stolen. The 10-year exclusion order helps to right that wrong.”
The ITC complaint, filed on May 21, 2012, came as a result of Sino Legend colluding with, and then hiring away, a plant manager from SI Group’s Shanghai manufacturing plant. Since that time, Sino Legend has been producing rubber resins in competition with SI Group’s proprietary rubber resins.
The public version of Judge Rogers’ previously released initial determination is available on SI Group’s website (http://www.siigroup.com/press). The ITC’s final determination will be posted as soon as it becomes available. Additional information on this case, No. 337-TA-849, is available on the ITC’s website.
About SI Group
SI Group is a family-owned company founded in 1906 and headquartered in Schenectady, New York. A leading global developer and manufacturer of phenolic resins, alkylphenolic resins, alkylated phenols and other chemical intermediates, SI Group operates 20 facilities in 10 countries around the world. For more information about SI Group, visit http://www.siigroup.com.
Contact:
Brooke Manrique
Public Relations & Marketing Communications Manager
SI Group, Inc.
+1-518-347-4112
brooke.manrique@siigroup.com
Source: SI Group, Inc.

Written by asiafreshnews

January 21, 2014 at 3:38 pm

Posted in Uncategorized

Frost & Sullivan: Modernization of Mining Automation in Europe and Russia Sustains Power Conversion Market

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— Need to reduce power consumption in the face of escalating energy costs stimulates market growth

LONDON, Jan. 20, 2014 /PRNewswire/ — The need to modernize automation in the mining industry has lent momentum to the power conversion market in Europe and Russia. Market growth is bolstered by the fierce competition among mining companies, rising energy costs, and increasing awareness on the benefits of electric drives and motors.

New analysis from Frost & Sullivan (http://www.motors.frost.com/), Power Conversion Market in the European and Russian Mining Industries, finds that the market earned revenues of $221.3 million in 2012 and estimates this to reach $272.6 million in 2017. The research covers electric motors and electric drives. Electric motors have a greater market share because they are a key component of electric drives and find use in a wide range of applications. Electric drives also hold tremendous promise due to their high-tech, energy-efficient functions.

“Power conversion products help optimize plant performance, improve functionality, lower production costs, and boost profit margins,” said Frost & Sullivan Industrial Automation & Process Control Research Analyst Maryna Osipova. “As such, alternative current (AC) electric drives and motors are gaining popularity in European and Russian mining companies as a means to decrease energy consumption and improve productivity.”

Demand for advanced AC power conversion products is also growing with the rising prices — 30 percent since 2010 — of electricity in Russia and Europe. This has fuelled the uptake of electric drives that are perceived to be one of the top energy-saving applications, capable of cutting down energy consumption by 25-50 percent.

However, limited financial resources due to escalating capital and operating costs is prompting mining companies in Russia and Europe to postpone or even cancel new automation projects. Consequently, the sale volumes of electric drives and motors have been moderate. High capital construction costs and a shortage of skilled personnel also discourage companies from initiating the modernization of their industrial automation equipment.

Further, the nationalization of the mining industry in Russia has resulted in higher tax obligations for market participants, affecting their revenues and delaying the implementation of scheduled as well as future automation projects.

“To address these challenges, power conversion product vendors should build strong relationships with end users to understand their requirements and create customized solutions,” observed Osipova. “Providing discount systems for loyal clients and offering flexible purchase options will aid market development.”

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

Power Conversion Market in the European and Russian Mining Industries is part of the Power Transmission Growth Partnership Service program. Frost & Sullivan’s related research services include: European Market for Integrated Motor and Drives, Opportunity Analysis of European Motor Services Market, Electric Drives Market in European HVAC Industry, and Analysis of the Russian Electric Motors 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 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

Power Conversion Market in the European and Russian Mining Industries

P723-17

Contact:

Julia Nikishkina
Corporate Communications — Europe
P: +7 (499) 213 0156
E: julia.nikishkina@frost.com
LinkedIn: Frost & Sullivan’s Industrial Automation and Process Control Forum
Twitter: @FS_Automation

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

Written by asiafreshnews

January 21, 2014 at 3:21 pm

Posted in Uncategorized

Building Rig for Norwegian Conditions

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STAVANGER, Norway, Jan. 17, 2014 /PRNewswire/ —

Beacon Holdings Group has ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles. They have also secured an option to build a second rig from the shipyard.

(Photo: http://photos.prnewswire.com/prnh/20140117/663802 )

The rig they have ordered has been given the name Beacon Atlantic, and planned delivery is the fourth quarter of 2016. Beacon Atlantic will be built using the GM4-D-design cooperating with the shipyard and the designer Global Maritime.

The rig will be built to operate in water depths of up to 500 meters and on drilling wells down to 8,000 meters. It will be equipped with NOV-drilling package, DP3 and an 8-point mooring system.

The unit is designed to be able to operate in harsh weather conditions in the North Sea, Arctic environments and in the Barents Sea. It is built after NMA, NORSOK and PSA-standard and will be classed by DNV.

Beacon Atlantic is the second semi-submersible rig with GM4-design contracted to CIMC Raffles. The first one is North Dragon, currently under construction.

The Shipyard also confirms in a release that it is the company ordering the North Dragon, North Sea Rig AS who will lead both rig projects.

Susanne Waerholm
Communication Manager
Global Maritime Group
Tel: +47-51-94-56-66
Mob: +47-469-14-995
Email: susanne.waerholm@globalmaritime.no

http://www.globalmaritime.com
Source: Global Maritime

Written by asiafreshnews

January 21, 2014 at 2:36 pm

Posted in Uncategorized

US Stocks Rally to Continue on Fourth-quarter Earnings

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SINGAPORE, Jan. 17, 2014 /PRNewswire/ —

Global growth projections by many researchers, including the World Bank, predict that the US will be the key driver. The projections put global growth at 3.2-3.6% this year, from 2.4-2.9% last year.

US manufacturing has topped estimates and the momentum is expected to continue. Other data such as retail sales and increasing job openings have provided a level of comfort to Americans. There are still concerns around the pace of hiring and declining household income. On aggregate, the economy looks to be in better stead compared to the start of last year.

Kelly Teoh, Market Strategist at IG Singapore, says, “The US economy is clearly moving along better than last year. It might not be at the pace that the market would like to see, but there has definitely been a pick-up in momentum. This has been translated as a continued strength in the US equities.”

The pullback in the US stock markets has yet to be seen. With the tail risks in the economy dissipating, investors turn to the fourth-quarter earnings as a validation for the advancing equity markets.

Ms Teoh adds, “The market would like to see earnings growth and CAPEX, which were missing in the previous quarters. So far, technology and financials have shown a surprise upside with earnings. In general, expectations will be met and the US rally should continue. The Fed’s keeping interest rates low provides a level of comfort for the stabilising markets.”

ISSUED FOR: IG (http://www.ig.com/sg)
FOR FURTHER INFORMATION: MS NATASHA GILBERT, IG MARKETING MANAGER
TEL: +65-6390-5118

About IG

IG is a part of IG Group, a FTSE 250 company established in 1974 and employs over 1,000 staff across 16 countries.

IG has been operating in Singapore since 1996 and is currently located in a shopfront office at 9 Battery Road.

A CFD (or Contract for Difference) is an agreement to exchange the difference in value of a particular asset between the time the contract is opened until and the time the contract is closed. The contract is settled in cash when it is closed without any physical exchange of the underlying asset.

IG advises that trading CFDs may not be suitable for everyone, since CFDs are a geared product and can result in losses that exceed your initial investment, please ensure you fully understand the risks involved. IG’s risk disclosure statement is available from http://www.ig.com/sg.
Source: IG Singapore

Written by asiafreshnews

January 21, 2014 at 1:39 pm

Posted in Uncategorized

CIOs Seek to Maintain Relevance Through Service-led Transformations

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As IT spend moves to line of business managers, and with more than half spending at least 70% of their time on day-to-day tasks, CIOs are creating a new mission for IT
SINGAPORE, Jan. 20, 2014 /PRNewswire/ — CIOs must act now to take on a more strategic role or risk being pushed aside by line of business managers, an international survey carried out by Logicalis has found.
Of the almost three quarters (72%) of CIOs who expressed a view, 60% agreed that line of business managers will gain more power over IT decision making over the next three to five years – a trend driven by the growing availability of externally available cloud services and expectations of technology and application consumerisation.
In response, CIOs are more acutely aware than ever of the need to take on a key strategic role, the Logicalis survey found. They are actively seeking to confront the challenge of legacy operational costs and drive services-led technology and operational transformation, to reshape the IT function as a pseudo service provider. But most are still struggling to resource day to day management tasks:
Three quarters (73%) of CIOs and IT Directors want to spend at least half of their time on strategic activities
In reality, 53% of CIOs and IT Directors currently spend 70% or more of their time on day-to-day management of technology, while 80% spend at least half of their time on low value, non-strategic activity.
The international survey found that a consensus appears to be emerging as CIOs seek to effect the dramatic shift in focus on which their long-term relevance may depend. Internal technology and operational optimisation, aligned to more extensive and efficient use of managed services partners and cloud services are emerging as key priorities for the CIO and their organisation:
63% see streamlining and optimising their technology infrastructure as vital to freeing up time to focus on strategic goals
31% would consolidate the use of managed services, selecting single vendors to manage specific technologies and/or services across multiple territories
30% want to hand more day-to-day management activities over to specialist managed services vendors
19% point to an increased adoption of the cloud consumption model.
Commenting on the findings, Kama Pathy, Technical Director at Logicalis Asia said: “These findings confirm the reality we see on the ground. IT leadership is now actively looking to drive a services-led transformation strategy to re-align from a technology-defined function to one that is service-defined. But CIOs are not only looking to transform their IT systems.
“We interpret these common themes as CIOs striving to change the way IT is perceived by the wider organisation. Who wants to run a business function that line of business managers think is less agile and less relevant than external providers? Clearly these CIOs are taking a proactive approach to staying relevant, focused on a transformation agenda across all aspects of IT infrastructure, operations and the end user experience.
“Creating a service defined enterprise, in which IT and line of business are working towards shared priorities is now a crucial mandate for the CIOs we surveyed. It seems clear that CIOs will now focus their teams on delivering an IT experience comparable with external services providers, and will also engage with services partners to assist them in achieving the service maturity and agility necessary to compete for internal business in the coming years.”
In response to the survey, Logicalis is continuing to align its own services offerings to give customers a single point of engagement across three critical transformation journeys; bringing its Systems Integration, Managed Services and Cloud Service offerings under a single portfolio brand, Optimal. The Optimal services portfolio enables CIOs to create a balanced approach to owning, operating and funding the infrastructure and IT services their businesses need.
With over 2,300 services professionals in 24 countries, Logicalis is actively investing in expanding its services skills, capabilities, platforms and processes, to address its clients’ key infrastructure, operational and consumption challenges – including a recently announced initiative to explore the future impact of Software Defined Networks on a range of customer sectors, and recent investments in ITSM skills in all major regions.
Mr Pathy added, “Overall, it is clear from the survey that tackling both technology and operations transformation to deliver efficiency, maturity and agility is where our customers are looking for most assistance today.
“CIOs increasingly want partners like Logicalis not simply to help in one area. They want maturity and agility in how they build a new virtual data centre, but also how they automate services, connect into their service management environment, and then how they provide a service catalogue internal customers can consume at a price point and experience comparable with external providers. But, they also want us to deliver instant maturity by providing new business solutions directly, in the form of managed or cloud based services.
“But, while the customer is now looking for us to blend our role as Systems Integrator, Managed Services Provider and Cloud Solutions provider to support the service defined enterprise, the survey also suggests that CIOs recognise they may have too many services partners today. Services provider sprawl is an issue many CIOs clearly want to avoid or remedy by consolidating on a select number of service partners who can work across the services lifecycle, and that is very much part of the rationale behind the Optimal services portfolio.”
Chris Barnard, Associate Vice President at IDC, added: “We predict that business innovation focused on creating a wider variety of solutions targeted at new business opportunities and challenges will drive a profound shift in the role of the IT organisation.
“Enterprise IT groups cannot afford any longer to be just watching, studying, exploring, or experimenting with cloud services, mobile devices, social technologies, or the other core elements of what we call the 3rd platform. They must develop deep competence in all of these technologies, often with the help of third parties with expertise in ‘as a service’ strategies.”
About the research
All figures are drawn from a survey of 186 CIOs and IT Directors across 180 mid-market organisations in 24 countries spanning Europe, North America, Latin America and Asia-Pacific.
ABOUT LOGICALIS
Logicalis is an international IT solutions and managed services provider with a breadth of knowledge and expertise in communications and collaboration; data centre and cloud services; and managed services.
Logicalis employs nearly 3,500 people worldwide, including highly trained service specialists who design, specify, deploy and manage complex ICT infrastructures to meet the needs of almost 6,000 corporate and public sector customers. To achieve this, Logicalis maintains strong partnerships with technology leaders such as Cisco, HP, IBM, CA Technologies, NetApp, Microsoft, VMware and ServiceNow.
The Logicalis Group has annualised revenues of over $1.4 billion, from operations in Europe, North America, South America and Asia Pacific, and is fast establishing itself as one of the leading IT and Communications solution integrators, specialising in the areas of advanced technologies and services.
The Logicalis Group is a division of Datatec Limited, listed on the Johannesburg and London AIM Stock Exchanges, with revenues of over $5 billion.
For more information, visit http://www.logicalis.com/
Source: Logicalis

Written by asiafreshnews

January 21, 2014 at 12:19 pm

Posted in Uncategorized

Small Village Hosts Global Festival

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HWACHEON, South Korea, Jan. 20, 2014 /PRNewswire/ — The wish of 25,000 villagers has drawn the attention of 7 billion people worldwide.
Small village hosts global festival
Small village hosts global festival
This small South Korean mountain village has turned into a news item at home and abroad, with over 1 million people visiting a winter festival hosted here every year.
According to Hwacheon County officials on Sunday, the Hwacheon Sancheoneo Ice Festival was introduced on U.S. network ABC’s “World News Now.” It is one of the 138 news items across 34 nations on the festival.
Last year, Singaporean broadcaster News Asia had introduced the festival on its “One in a Million” program as the event was mentioned in 109 times in the news in 24 nations.
The Hwacheon County in Gangwon Province is a land of ice.
With a population of just around 25,000, the county faces North Korea just across the border in the world’s only divided country.
More than 90 percent of the county are mountains and bodies of water, with its residents occupying only 3 percent. Because of its proximity to North Korea, the county is closer to a military city and therefore heavily restricted in development. A 20-minute walk is more than enough to tour the entire “downtown” area.
Soldiers on leave or families visiting the soldiers are about the only business source in the country’s only county without a four-lane road.
The situation required local residents to find their own means of survival.
The neighborhood was blessed with mountains that offered beautiful scenery during summer, but it also had rivers that would freeze and turn the entire area into ice during the winter.
It was this icy winter that turned into an idea. In 2003, the residents decided to turn their snow-covered mountains, frozen rivers and “sancheoneo,” or fish known to live only in the cleanest waters, into a tour package for a winter festival.
The first festival in January that year exceeded their expectations, with 220,000 people coming to the county whose name at the time was less than familiar.
In the following year, 500,000 people came. By the fourth festival, it had over 1 million visitors.
In 2009, photos from the festival were featured on Time Magazine.
The number of visitors grew steadily, with over 100,000 foreigners descending on the mountainous village so far.
To make the festival unique, organizers hired civilian experts and made sure that the people, not administrative officials, took the lead.
The focus shifted to promoting the local economy, and in 2006, festival gift cards were created to allow festival visitors to buy county’s products with their admission tickets.
This led to new jobs for 20 million people, including senior citizens.
County officials sold about 1.1 billion won in agricultural products. The festival’s economic effect is estimated at around 136.6 billion won, they say.
The Hwacheon Sancheoneo Ice Festival is not only one of Korea’s most representative events, but one of the world’s four major winter festivals. In 2011, foreign media have called it one of the seven wonders. In September last year, the county was named the city of world festival for under-50,000 population.
This year’s festival, which opened on Jan. 4, has already drawn 800,000 people, and by the end of this weekend, the number is expected to easily surpass 1 million.
“The dream of 25,000 people has seized the attention of 7 billion people worldwide,” said Chung Gap-chul, the county chief. “We will make efforts to turn the Hwacheon Suncheoneo Ice Festival into an international event by making it a comprehensive event combining culture and the arts.”
The festival will continue until Jan. 26.
Media Contact
An gyu-jeong
+82-33-440-2227
a4891@korea.kr
Source: Foundation NARA

Written by asiafreshnews

January 21, 2014 at 12:08 pm

Posted in Uncategorized

Asian Security Market Trends Unveiled at SECON EXPO 2014

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SEOUL, South Korea, Jan. 20, 2014 /PRNewswire/ — The latest Asian and global trends in security products and systems will be on display at the International Security Conference and EXPO 2014 (SECON EXPO 2014) that will be held from March 12th to 14th at the Ilsan KINTEX Exhibition Halls 2 and 3. All are invited to see the latest state-of-the-art security equipment and attend seminars to get glimpses into the future of the security industry.
Korea’s Leading Security Exhibition and Conference
Korea’s Leading Security Exhibition and Conference
SECON EXPO 2014 is co-sponsored by security-related government offices, such as the Ministry of Trade, Industry and Energy, the Ministry of Security and Public Administration, the Ministry of Science, ICT and Future Planning, the Ministry of Land, Infrastructure and Transport, and the Gyeonggi Provincial Government and co-hosted by security-related organizations.
This exhibition will showcase the latest in high-tech security products including CCTVs, DVR and network monitoring systems, physical security equipment, and IT security solutions, such as access control systems, monitoring and alarm systems, and biometric systems. Also on display will be state-of-the-art counter-terrorism and homeland security solutions including intelligent traffic systems.
In particular, Korea will introduce its integrated control center, which has been an issue of each local government, and its integrated security system, which is a domestically produced base system for implementing the government’s vision for safe cities. This year, a large number of global security companies from the U.S., the U.K. and Israel, the countries with the most advanced security industries, as well as from China, an emerging power, will participate with their own independent booths or at their respective country’s space. A large number of overseas buyers are expected to visit, so this event will function as a touchstone for peering into global security market trends at the beginning of the year. This year’s event will be participated by a large number of overseas companies and buyers, and it will be an occasion for business between actual security equipment users and suppliers throughout the world.
It is forecast that SECON EXPO 2014 will be participated by a total of 400 companies occupying 800 booths that will be viewed by approx. 40,000 visitors. Admission is free if registration is completed online at the SECON EXPO 2014 website (www.seconexpo.com).
Press Contact:
Sydney Suk
SECON 2014 Exhibition Bureau
Tel: (+82)-2-719-6931
Email: secon@boannews.com
http://www.seconexpo.com
Source: SECON EXPO 2014

Written by asiafreshnews

January 21, 2014 at 11:25 am

Posted in Uncategorized