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Archive for September 25th, 2014

iland and Zerto protect customers by slashing disaster recovery times to new near-zero lows

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-Companies achieve new cost efficiencies with virtual-to-cloud and cloud-to-cloud Disaster Recovery-as-a-Service

SINGAPORE, Sept. 24, 2014 /PRNewswire/ — Providing companies with the proven technology and support they need to ensure business continuity, iland and Zerto today announced their joint customers are successfully executing near-zero recovery time objectives (RTOs) with cloud-based disaster recovery. The growing customer base of financial, healthcare, legal and industrial companies rely on Zerto and iland to protect their workloads and minimize downtime.

In a recent report, Forrester Research, Inc.* states, “Since some downtime is inevitable, it’s important to shift your attitude from reacting to downtime toward proactive planning, good processes, and preventive efforts. You may not be able to achieve 100 percent uptime, but you can at least strive to make services available when your customers most need them and have rapid response measures in place to make sure services are brought back online as quickly as possible.”

“There is a great deal of marketing hype around cloud-based disaster recovery right now, and we hear the confusion around backup versus business continuity from companies daily,” said Lilac Schoenbeck, VP of product management and marketing at iland. “At iland, we team with other industry leaders like Zerto to cut through the clutter and work hand in hand to address the complex details that a solid disaster recovery and business continuity plan requires. We’ve done it for hundreds of customers since 2008, and we are committed to continuing to deliver personalized support and cutting-edge technology to ensure that our customers can satisfy their own customers.”

Many cloud-based disaster recovery solutions require companies to fully recover their data before they can access it, resulting in significant downtime. Addressing the issue, iland’s disaster recovery services with Zerto allow customers to seamlessly access data while it is being failed over to the recovery site in iland’s cloud. Customers also have full control over which of iland’s eight data centers in the U.S., U.K. and Singapore will host their workloads, addressing both geographical and data sovereignty considerations.

“We use iland’s enterprise cloud to both run and protect our production servers, and the cost, agility and reliability benefits of our move to iland’s ECS and Cloud2Cloud Disaster Recovery-as-a-Service are clear,” said Greg Anderson, CIO at PIAB. “iland’s ECS portal enables us to not only see what’s going on in our cloud, but also gives us the ability to control and manage our resources and costs on a global scale. And we rest easy knowing iland’s expert support team is just a phone call away.”

iland and Zerto’s joint customers attain business continuity because they are able to:

  • Minimize downtime by replicating workloads from virtual environments to iland’s high-availability cloud infrastructure, including cloud-to-cloud replication across multiple iland data centers.
  • Access a team of proven disaster recovery experts that help assess, plan, test and execute DR plans.
  • Ensure accurate and efficient recovery with automated failover and failback capability.
  • Recover any or all applications as needed on a self-service basis.
  • Test disaster recovery plans at will with self-service test, failover and assisted failback capabilities.
  • Speed up replication and reduce WAN bandwidth requirements with Integrated Network Compression.
  • Satisfy network requirements with range of configuration options, such as preconfigured failover networking, internal and external IP configurations and co-location of physical equipment.
  • Leverage redundant, high speed, low latency connectivity to Tier 1 providers and connect directly to hundreds of carriers.
  • Satisfy compliance and security requirements.
  • Meet budget requirements with iland’s reservation with burst or fully dedicated resource options.
  • Seamlessly incorporate legacy and physical systems into disaster recovery plans.

“We are proud that iland, leaders in providing enterprise cloud services, chose to partner with Zerto to offer disaster recovery solutions in the cloud,” said Sean Casey, director of cloud sales at Zerto. “Zerto’s seamless integration with iland’s cloud satisfies the rigorous enterprise-class disaster recovery requirements of customers around the world, from a variety of industries.”

iland is ranked as a leader in Forrester Research, Inc.’s report entitled, “The Forrester Wave™: Disaster-Recovery-As-A-Service Providers, Q1 2014.” Forrester refers to iland as “the dark horse champion” in the report. In the research firm’s evaluation, iland received the highest scores possible for its core DRaaS offerings, recovery objective capabilities, platform and application support, data resiliency and risk mitigation, security, value proposition and vision, as well as pricing, service levels and contract terms.

For more information on iland and Zerto’s solutions and tips for disaster recovery, read:

*Source: “Building the Always-On, Always-Available Enterprise,” Forrester Research, Inc. June 11, 2014.               

About iland

With data centers in the U.S., U.K. and Singapore, iland delivers proven enterprise cloud solutions that help companies do business faster, smarter and more flexibly. Unlike any other provider, iland’s technology and consultative approach mean anyone–regardless of expertise, location or business objective–can experience the benefits of a hassle-free cloud. From scaling production workloads, to supporting testing and development, to disaster recovery, iland’s secure cloud and decades of experience translate into unmatched service.  Underscoring the strength of its platform, the company has been recognized as VMware’s Service Provider Partner of the Year, Global and Americas; is part of the Cisco Cloud Managed Service Provider Program for IaaS and DRaaS; and partners with other industry leaders including Zerto and Veeam. Visit

About Zerto

Zerto has developed a software-based platform for workload mobility, migration, protection and recovery in hybrid-cloud environments, allowing for seamless flexibility and manageability of applications whether they reside on-premise or in the cloud. The company’s Cloud Fabric platform is based on the award-winning Zerto Virtual Replication software which has become the standard for protection, recovery and migration of data in cloud and virtualized datacenters. For more information, please visit:


All registered trademarks and other trademarks belong to their respective owners.

# # #

US Media Contact:

Kellie Willman
+1 713-337-1347

Singapore Media Contact:

Melinda Ilagan/May Tan
EASTWEST Public Relations for iland
Tel: +65 6222 0306



Source: iland

Written by asiafreshnews

September 25, 2014 at 5:52 pm

Posted in Uncategorized

Banking Big Data News: Aureus Analytics and Temaswiss collaboration

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SINGAPORE, Sept. 23, 2014 /PRNewswire/ — Singapore headquartered organisations Aureus Analytics andTemaswiss Wealth formally announced today a strategic collaboration to provide Data Science and Big Data Analytics solutions for financial institutions represented in Singapore and across ASEAN member states. The product and platform will be marketed as Aureus-Temaswiss BigData Solutions. The scope will extend to select risk-management and inter-governmental organisations. IDA (Infocomm Development Authority of Singapore) quotes IDC in its report:  the Big Data technology and service market is projected to grow at a compound annual growth rate (CAGR) of 37.2% between 2011 and 2015. By 2015, the market size is expected to be US$16.9 billion. According to a report by Gartner, Banking is the most active industry in making inquiries about big data to Gartner over the last twelve months.

Aureus Analytics excels at providing BigData enabled platform & products that drive the usage of analytics at the point of decision. Its solutions bring power to the decision makers and practitioners by enabling analytics in a simple yet comprehensive manner.  Aureus brings together the four essential pillars that are required for a successful Big Data Analytics solution – Deep Domain Skills, Big Data Capabilities, Data Sciences skills and Analytics expertise. Their industry and problem specific products are targeted for CXOs who deal with Customer Experience, Risk and Operations.

Temaswiss’ Consult and Analytics arms brings on-board over 70 years of financial services experience covering Private, Retail and Commercial Banking, Brokerage and Exchanges. Initial focus across wealth management and banking segments will be on: Customer Suitability and Sales Pipeline Data Optimization, Advanced Portfolio Analytics, Customer Demographics data mapping, AML and Financial Crime Prevention Predictive analytics and B2B Supply-chain SME Banking solutions.

Temaswiss Wealth’s Chief Executive Officer, veteran banker Dr. Ranjan Chakravarty, puts it very simply and squarely: “Banks and firms today are challenged by the cost pressures of hiring and retaining project-specific talents and the run-up programme management costs without necessarily getting the best value for money from multiple vendors and the big players. We provide the needs assessment, legacy data quality assessment, process mapping, risk mitigation competencies which when interfaced with Aureus’ comprehensive product suite and versatile ASAP platform will rapidly transform how decision making is driven in the banking & financial services industries. . To expect process managers to be risk managers and to be further technology managers or domain experts, is wishful thinking that just does not work.

Aureus’ CEO and Co-Founder, Anurag Shah states: “One-size-fits-all approach is the first step to failure for any analytics project. At Aureus we understand that each business problem comes with its own set of contextual and tangential problems that need to be taken into consideration. Temaswiss, as a think-tank organization, provides not only the unparalleled understanding of the customer organisation’s needs, but thereby the roadmap competencies required for optimum solutions.

The combined capability will be show-cased at a number of prestigious industry conferences in Singapore andHong Kong and in roadshows across the ASEAN region – in the coming months. It will contribute to create a vibrant data and analytics ecosystem to position Singapore as an international Data & Analytics Hub to strategically apply analytics capabilities for the global private banking industry.

For inquiries please contact:

Mr. Shanmuga Retnam, Chief Business Officer
M: +65-9730-8751

Mr. Ketan Pandit, Director Marketing
M: +91-9881-127137

Source: Temaswiss Wealth

Written by asiafreshnews

September 25, 2014 at 5:26 pm

Posted in Uncategorized

DHL launches Malaysia’s largest international express facility

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— The RM10 Million facility is now double its size at 4,000 sq metres
— Expanded gateway to support increasing shipment volumes, enhance key processes and boost services

PENANG, Malaysia, Sept. 23, 2014 /PRNewswire/ — DHL Express, the world’s leading international express provider, inaugurates today the expansion of its gateway inPenang, making it Malaysia’s largest international express facility, to support the country’s and specifically Penang’s growing logistics needs.

The RM10 Million (EUR 2.4 Million) investment sees DHL Express’ Penang gateway doubling its size to 4,000 sq metres, establishing it as the biggest express gateway in Malaysia.

The gateway expansion is part of DHL Express’ strategic RM16 Million (EUR3.9 Million) of investment announced earlier this year to upgrade its facilities and extend its network to cater to Malaysia’s growing logistics demand. The remaining investment includes three additional Service Points to DHL Express’ current 89 Service Points nationwide.

The gateway opening was officiated by the Chief Minister of Penang, Y.A.B. Tuan Lim Guan Eng and attended byJerry Hsu, Chief Executive Officer, DHL Express Asia Pacific, Yasmin Aladad Khan, Senior Vice President, DHL Express South East Asia and South Asia and Christopher Ong, Managing Director, DHL Express Malaysia.

Jerry Hsu, Chief Executive Officer of DHL Express Asia Pacific said, “Malaysia is one of the most competitive economies amongst developing Asian economies. We want to enhance our service offered to customers based in this key territory as well as customers based in the region. Expanding the Penang gateway was a natural step in this evolution, given Penang’s geostrategic nexus and location mid-way between the growing economies of Asia Pacific, Europe and the United States.

“The express industry is still growing, despite the current global economic challenges. We are experiencing robust growth in shipment volumes in Penang. Expanding our gateway reinforces our commitment to foster a solid base and further enhance our services and capacity to support this growth.”

Penang – the backbone to DHL’s success

The highly urbanized and thriving island of Penang plays an important role in Malaysia’s external trade given its tight integration in the global manufacturing supply chain. Since 2008, Penang’s industrial growth has been nothing short of spectacular comparative to the other states in Malaysia. As much as 61 percent of total exports go toChina, United States, Hong Kong, Japan and the Germany while 63 percent of imports come from China, United States, Singapore, Japan and Germany[1]. Penang’s GDP growth in 2013 remains strong at slightly less than 5 percent[2]. This places DHL Express’ gateway in a prime position to complement Penang’s vibrant trade and industrial activities. The strong growth in DHL Express’ volumes to and from Penang is a further testament of the island’s significance to the company.

DHL Express Malaysia’s Managing Director, Christopher Ong reaffirmed, “The expansion of the Penang Gateway is a strategic part of DHL’s investment strategy as we continue to bolster our infrastructure and upgrade capabilities to accommodate growth in the Northern Region. Penang’s growth is driven by the technology and manufacturing sectors, which continue to keep our major trade lanes to the US, Europe and Asia Pacific busy. The newly expanded gateway will play a major role in facilitating better connectivity to these key markets with its improved key processes.”

Christopher also expressed confidence in the prospects for the Malaysian logistics sector. “According to the Logistics Performance Index 2014 (LPI), Malaysia is ranked 25th place amongst 160 countries, and is performing at 83 percent of the top performer (Germany), putting Malaysia in the top tier of the upper middle-income performers on the LPI. This shows that Malaysia is punching above its weight and is in a good position amongst its peers as a favourable country for export-import trade.”

“Favourable government policies in the form of cyber laws, financial and non-financial incentives, as well as appropriate strategic policies like the ‘Penang Paradigm’ (a 10-year development blueprint of Penang, developed by the Penang Institute) and the Logistics Sector Master Plan have further made Penang DHL Express’ preferred choice of investment,” said Christopher.

New Additions to DHL’s Gateway in Penang

The newly expanded gateway is equipped with 54 units of High Definition IP CCTV cameras which enhances security of shipments and allows DHL Express to track and monitor each individual shipment. In addition to the close-circuit camera units, the gateway is furnished with the latest state-of-the-art X-ray machines providing 100 percent screening for better security of shipments. The expansion is designed to optimize processes which results in increased in handling capacity, and this also means that customers can experience a later cut-off time for export pick-ups and enjoy earlier delivery time for inbound shipments.

DHL’s cargo capacity in Penang ratcheted up by 30 percent with the addition of an A300 freighter service in 2013. The A300 service operates 5 times weekly to Hong Kong, connecting DHL’s unique non-stop service from Hong Kong to Los Angeles (LAX). With this industry leading express logistics service, businesses in Penang can further expand their footprint with quicker go-to-market lead time in all international key markets.

DHL’s expanded facility also increased its dedicated staff strength and doubled its sorting capacity up to 4,800 pieces per hour.

To date, DHL has 4 international gateways in Malaysia, including Penang and a network of 89 Service Points, five of which are in Penang.

– End –

DHL The logistics company for the world

DHL is the global market leader in the logistics and transportation industry and “The logistics company for the world”. DHL commits its expertise in international express, national and international parcel delivery, air and ocean freight, road and rail transportation as well as contract and e-commerce related solutions along the entire supply chain. A global network composed of more than 220 countries and territories and around 315,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their shipping and supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenues of more than 55 billion euros in 2013.

For more information:

Logo –

Source: DHL

Written by asiafreshnews

September 25, 2014 at 4:52 pm

Posted in Uncategorized

Climate Week NYC Kicks Off with Secretary John Kerry, UNSG Ban Ki-moon and Apple CEO Tim Cook

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NEW YORK /PRNewswire/ —

The Climate Group’s event sees renewable energy drive and new business alliance for climate action launched on eve of UN Climate Summit

US Secretary of State John Kerry, UN Secretary-General Ban Ki-Moon  and World Bank Group President Jim Yong Kim today laid out their visions for a vibrant, low carbon economy on the Opening Day of Climate Week NYC 2014.

(Photo: )

They were joined by Tim Cook, CEO of Apple, and Sir Richard Branson, Founder of the Virgin Group, and executives from leading companies, including BT, IKEA, HP, Lockheed Martin, Swiss Re and Unilever.

New major commitments from business and subnational governments to reduce greenhouse gas emissions were announced on a day which saw the unveiling of We Mean Business, a major business coalition demanding government action to curb carbon emissions. RE100, a new campaign to help increase the global market share for clean energy, was also launched.

Created in 2009 by The Climate Group, Climate Week NYC is this year host to more than 120 events as the collaborative space in support of tomorrow’s UN Climate Summit. CDP is co-convenor of the Opening Day.

US Secretary of State John Kerry said: “It doesn’t cost more to deal with climate change; it costs more to ignore it. But despite the scientific consensus we are collectively still allowing this problem to grow, not diminish. It is absolutely imperative that we decide to move and act now. The United States is prepared to take the lead in order to bring other nations to the table.”

UN Secretary General Ban Ki-moon said: “Climate change is the defining issue of our time. Now is the time for action. That is what the people demanded yesterday in the streets of New York. It is what we will see tomorrow at the Climate Summit. And it is what Climate Week NYC represents.”

Mark Kenber, CEO of The Climate Group, convenor of Climate Week NYC, said: “The clean energy and technology sectors are driving growth and job creation at a far more rapid rate than the rest of the economy. This is where our best hope for recovery and continued prosperity now lies.”

Watch Climate Week NYC live on

Follow the Climate Week NYC conversation on Twitter using #CWNYC

Source: The Climate Group

Written by asiafreshnews

September 25, 2014 at 4:41 pm

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Deloitte Announces Record Revenues of $34.2 billion

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— Growing demand for services produces fifth consecutive year of aggregate member firm growth, at 6.5 percent in local currency for FY14
— Demand for consulting was particularly strong with growth at 10.3 percent
— Strong growth was also experienced by Tax & Legal (7.7 percent), Financial Advisory (6.8 percent), and Enterprise Risk Services (4.2 percent)
— Consistent with the Deloitte network’s commitment to delivering value to its broader communities, the network invests nearly $190 million in communities around the world to address social and humanitarian challenges

NEW YORK /PRNewswire/ — Deloitte member firms (Deloitte) reported record aggregate revenues today of US $34.2 billion for the fiscal year ending 31 May 2014. In its fifth consecutive year of growth, Deloitte saw accelerated demand for its range of services in all regions of the world. The organization’s aggregate revenues represent growth of 6.5 percent in local currency, or 5.7 percent in U.S. dollars.

Growth was led by Consulting, which experienced double-digit growth (10.3 percent in local currency), followed by Tax & Legal (7.7 percent). Financial Advisory and Enterprise Risk Services also experienced strong growth with 6.8 percent and 4.2 percent, respectively. Audit experienced growth of 2.5 percent, reflecting growth even after accounting for the network’s significant investment in quality around its audit service.

Deloitte’s growth reflects its commitment to providing clients with high quality services through a multi-disciplinary model, delivering innovative solutions from strategy to implementation. Increasing client needs stemming from globalization and changes in business models, technology, and regulations are expected to drive further opportunities in the year ahead. The network is also steadfastly committed to the growth and development of its people, with more than 63,000 professionals receiving training via its Deloitte University curricula in the past fiscal year.

“By repeatedly forging new ground, Deloitte continues to stay ahead of the considerable disruption facing clients, our people, and the society in which we operate,” said Barry Salzberg, Deloitte Touche Tohmatsu Limited CEO. “Member firms remain sharply focused on their unique ability to address the specific needs of their clients through distinctive breadth of skills, deep industry knowledge and strategic investments, while bolstering trust in the marketplace, hiring and developing the best talent, and delivering value to society.”

Global Industry Leadership

Facing disruption from many directions—digital transformation, geopolitical change and economic volatility, as well as the need to analyze big data, address cyber risk, navigate new regulations, and manage crises—clients look to Deloitte for innovative solutions. As such, Deloitte will continue to invest heavily in innovation, with an emphasis on driving differentiation in its core businesses. This includes investment in technology, advanced analytics, new business models and sector-specific solutions, as well as people, globally, to provide top-of-the-line services.

One such example is Deloitte’s commitment to audit quality and innovation. The audit plays a critical role in building trust in public and capital markets and is a cornerstone of Deloitte’s work. Deloitte’s quality focused and innovative audit service provides a comprehensive suite of capabilities that deliver deeper insights and value, including state-of-the-art technologies, most notably advanced data analytics and enhanced auditor’s reporting.

“As leaders in our profession, Deloitte engages with regulators worldwide to promote necessary reforms and improve quality for all stakeholders. Deloitte is one of the world’s most trusted providers of audit services and our network will continue to focus on delivering a uniquely high-quality experience in this important responsibility to business, capital markets and society,” added Salzberg.

Deloitte continues to be recognized by national and global clients, analysts, and other stakeholders as global leaders in professional services across the most diverse set of capabilities. This past year Deloitte member firms have received a record number of accolades and have been recognized in established and emerging services, such as Analytics, Digital and Data Transformation, Cyber Security, Finance Transformation, Human Capital, Risk, Strategy & Operations, Sustainability, Tax, and Technology and in industries such as Financial Services, Life Sciences and Health Care, and Public Sector, among others.

Global Growth

  • Americas member firms led regional growth with an aggregate 7.5 percent in local currency; the strongest growth occurred in Spanish-speaking Latin America or LATCO (14.1 percent) and Brazil (10.6 percent). The United States, the largest member firm in the network, produced particularly strong growth, led by an 11.3 percentincrease in Consulting.
  • Europe, Middle East, and Africa (EMEA) member firms grew by an aggregate 5.8 percent in local currency. In particular, Italy (11.5 percent), Germany (11.8 percent) and France (10.5 percent) demonstrated strong performance over FY13. Aggregate revenues for the sub region of Africa grew by an impressive 17.6 percent.
  • Asia Pacific member firms experienced combined growth of 4.9 percent in local currency, up from 3.1 percent in FY13. Japan was a key contributor to regional results at 5.1 percent growth, and India and New Zealand both grew in the double digits.
  • Deloitte continues to invest in emerging and growth markets around the globe. These strategic markets grew an aggregated 10.9 percent in FY14.

Growth Across All Global Businesses

  • Consulting, the largest business in the network, also showed the strongest growth globally in FY14, at 10.3 percent in local currency, driven by impressive performance in Strategy & Operations (10.5 percent growth), Technology (10.3 percent growth), and Human Capital (9.6 percent growth) service lines. The business experienced growth across all industries, led by a 26 percent increase in Life Sciences & Health Care revenues and double-digit growth in Energy & Resources, Public Sector, and Technology Media & Telecommunications.
  • Audit grew an aggregate 2.5 percent in local currency, up from 1.9 percent in FY13. Most industries reported positive growth for Audit, most notably Financial Services, Consumer Business, Technology, Media & Telecommunications, and Energy and Resources. The Financial Services industry makes up 30 percent of the network’s Audit revenue globally.
  • Enterprise Risk Services grew across the network by a strong 4.2 percent in local currency. In FY15, there will be a particular focus on further developing growth areas including controls transformation and assurance, cyber risk services and governance, regulatory, and risk services.
  • Financial Advisory grew by a total of 6.8 percent in local currency, led by increased demand for M&A services arising from strong growth in global M&A activity and expanding Deloitte’s global capabilities, and growth in the organization’s Crisis business driven particularly by increased regulatory focus in the FSI industry.
  • Tax & Legal grew 7.7 percent in local currency, with strong growth across all regions highlighted by exceptional growth in Global Employer Services, Tax Management Consulting, Global Business Tax Services, Indirect Tax, and Outsourcing Services. Growing client needs stemming from continued globalization, business model changes, technology advances, and regulatory activity are expected to drive increased opportunities in FY15.
  • Industries: Life Sciences & Health Care led growth among industries posting 17.4 percent total growth in local currency, a significant increase from FY13 growth of 12.9 percent, followed by Public Sector, which grew by 11.9 percent. Additionally, Technology, Media & Telecommunications grew by an aggregate 9.1 percent, and Financial Services also posted strong growth at 5.9 percent.

Global Careers

As Deloitte’s businesses have grown around the world, the network has continued to recruit and develop the next generation of global and member firm leaders, training them to anticipate and tackle clients’ most complex domestic and international challenges. In FY14, Deloitte member firms hired 54,000 professionals across the globe, growing its workforce by 3.7 percent to 210,400. During this time, 63,000 Deloitte professionals—from 81 countries across all regions—have attended leader-led programs at the three Deloitte University facilities in the United States (DU),Europe (DU EMEA), and India (DU India in Hyderabad).

“Deloitte professionals deliver outstanding value to clients and give back to the communities they live in, and we’re committed to investing in their development as leaders. That is why we continue to expand the deployment of the Deloitte University curriculum around the globe,” noted Salzberg. “These investments help to enrich careers, generate thought leadership, and ultimately deliver the services and solutions clients value most.”

The Bigger Picture: Delivering Social Value

As the world faces new economic and social challenges, the Deloitte network is forging new ground, linking business objectives to social, humanitarian, and environmental advances. With an aggregate investment in 2014 of nearly US $190 million in societal impact initiatives and over 940,000 volunteer and pro bono hours in communities around the world, the organization is committed to deepening and strengthening relationships that advance progress on society’s biggest challenges. Deloitte has teamed with Social Progress Imperative—a non-profit entity committed to improving the lives of people around world—and launched the Humanitarian Innovation Program to provide innovative scalable solutions to improve the humanitarian sector’s readiness to respond to crises.

“In the last few years it’s become clear that the only way we can truly address the major challenges facing society is through collective action. Deloitte recognizes our responsibility—and ultimately the benefit—to develop relationships with governments, non-governmental organizations, and other businesses to tackle these issues,” continued Salzberg. “The expectation that businesses should take a leadership role in addressing the challenges facing society will continue to grow, and I’m proud that Deloitte is at the forefront of this movement.”

To view this release online, please visit

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see for a more detailed description of DTTL and its member firms.

Deloitte provides audit, consulting, financial advisory, risk management, tax, and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 210,000 professionals are committed to becoming the standard of excellence.

Deloitte Member Firms’ Fiscal Year 2014 Aggregate Regional and
Business Revenue Breakdown (aggregate)


$ Billions





% of Revenue






Asia Pacific
















$ Billions





% of Revenue
















Financial Advisory





Tax and Legal










Sub Region

$ Billions





% of Revenue

North America





Latin America





Asia Pacific










Middle East















*Prior fiscal year aggregate member firm revenues have included combined audit and ERS revenues reported as “AERS”

Amounts may not sum to totals due to rounding.

Photo –

Source: Deloitte

Written by asiafreshnews

September 25, 2014 at 4:38 pm

Posted in Uncategorized

Ben van Berkel / UNStudio Designs Over 30 Stations in Phase One of the Doha Metro Network

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DOHA, Qatar /PRNewswire/ — Qatar Rail has appointed Dutch architectural firm UNStudio as principal architect for the Qatar Integrated Railway Project (QIRP).


The goal of the QIRP is to create a service that will promote the use of public transportation as a valid alternative to private transportation for the population of Doha.

The Metro Network forms the key component of the QIRP, with phase 1 planned to include around 35 stations and phase 2, around 60 stations, and will serve as the backbone of the public transport system in the Greater Doha Area (GDA). The full network is planned to comprise four lines connecting the GDA as well as the Al Khor and Al Wakrah-Mesaieed communities, located north and south of Doha, respectively.

UNStudio’s design forms a bridge between the past and the future of Qatar, drawing inspiration from the vast regional architectural lexicon, whilst simultaneously presenting a vision of modernisation and preservation. The design further aims to incorporate and integrate all functional and technical aspects of the stations and network into a coherent architectural expression with a view to making the Qatar Rail Metro Network a global benchmark for public transportation services.

Since its appointment, UNStudio has developed an ‘Architectural Branding Manual’, a set of design guidelines, architectural details and material outlines that will assure the spatial quality and clarity of the network. The manual will be used by the appointed Design & Build contractors in the construction and delivery of the 35 stations of phase 1.

Ben van Berkel, Co-Founder and Principal Architect of UNStudio, comments: Through the production of a design manual and with the use of adaptive parametric design, it has been possible for us to create a design with many variants, yet one which maintains a coherent identity throughout all of the stations. In this way, we can combine local contextual differences within an overall identity and parametrically adapt physical factors such as wayfinding, daylight penetration, passenger flows, constructive elements etc. in a complex but extremely disciplined system.

The design proposal represents a flexible new architectural system which can adapt itself to the scalar challenges posed by the Metro Network. With this mission, Qatar Rail’s Metro Network will have a substantial impact on the lives of Doha’s population, providing a convenient and practical service for years to come.

Source: UNStudio

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September 25, 2014 at 4:27 pm

Posted in Uncategorized

John Dewar & Sons Launches “Last Great Malts” Collection: New Expressions and Never-Before-Released Single Malts

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GLASGOW, Scotland /PRNewswire/ — John Dewar & Sons Ltd., one of the most respected names in the world of Scotch whisky, today announced plans to release a range of new expressions and never-before-released single malts – the hidden gems of its single malt portfolio. This bold move, unprecedented in recent years, will introduce a treasure trove of top-shelf whiskies to consumers around the world.

To view the Multimedia News Release, please click:

The distinguished drams of ABERFELDY®, AULTMORE®, CRAIGELLACHIE®, THE DEVERON® and ROYAL BRACKLA® are launched under the title of the “Last Great Malts,” each with a compelling story and character.

For generations, these distinctive whiskies have been distilled and left to mature undisturbed in oak casks. Now, at last, whisky aficionados the world over will be able to taste the single malts from these distilleries in their authentic form.

“The single malt category is one of our industry’s great growth opportunities. We are blessed with five of Scotland’sfinest, high-quality whiskies,” says John Burke, dark spirits category director. “We have great respect for the category and are confident that each of the Last Great Malts will be a fitting addition to the repertoire of the most discerning single malt enthusiast.”

The “Last Great Malts”

ABERFELDY, known as the “Golden Dram,” draws its water from the Pitilie Burn. Pure and fresh, its waters are famed for containing deposits of alluvial gold. The dram is much admired for its honey notes, displaying a classic Central Highland style rarely tasted in single malts today. Named “Highland Whisky of the Year 2014” by Whisky Magazine, ABERFELDY is repackaged and available globally as a 12-year-old and a 21-year-old, with an 18-year-old exclusively available in Travel Retail. The Company plans to launch a 16-year-old sherry finish and a 30-year-old in 2015.

AULTMORE is a rare Speyside malt known locally as “a nip of the Buckie Road.” The distillery’s water filters down through the misty, mysterious area called the Foggie Moss. AULTMORE is rated top-class and is a dram sought after for its gentle grassy notes. AULTMORE will be available from November with a 12- year-old, a 21-year-old in Travel Retail, and a 25-year-old in limited quantities.

CRAIGELLACHIE has released a portfolio of single malts for the first time in history. The distillery stays true to its traditions of whisky-making, including the use of worm tubs – so called for their coiled copper tubing – to cool the spirit. A challenging Speyside whisky, it was described as “old-fashioned” even in 1891 as it makes no concessions to modern-day trends. Single malt fans appreciate CRAIGELLACHIE for its remarkable sulphuric, savoury, meaty character. CRAIGELLACHIE makes its way from the distillery doors this month, with a 13-year-old, 17-year-old, a travel retail exclusive 19-year-old, and a limited 23-year-old.

Coming in summer 2015, THE DEVERON, a new range of 12-, 18- and 25-year-old single malts, made where the River Deveron meets the open seas. Offering “calm from the storm,” it’s the perfect fireside malt. Soft fruity notes combine with an easy drinking style to make THE DEVERON a favourite with the work force of the distillery.

With a previous limited edition release of a 35-year-old £10,000 (US$15,000) a bottle, ROYAL BRACKLA is a truly regal malt. Founded in 1812, in the northern Highlands, it hails from the first distillery bestowed with a royal warrant and has since been lauded as “The King’s Own Whisky.” Heavily sherried, rich, fruity and full, ROYAL BRACKLA is a fine dram to savour as it slowly reveals its complexity. To be released in March as 12-year-old, 16-year-old and 21-year-old expressions.

“We have been patiently reserving casks and we are now ready to share the five distinguished malts with whisky lovers around the world – each release features an age statement,” adds Stephen Marshall, single malts global marketing manager. “Up until now, these amazing liquids have been Scotland’s best-kept secret, known only to a few. Now we’re appealing to single malt drinkers – people who like stories and enthusiasts who are interested in exploring the aromas of the world’s most complex spirit.”

Market Availability

The single malts, which will be released in phases, will be available as a complete set of five or in various combinations of the expressions in 10 initial markets around the world including Canada, France, Germany, Japan,Russia, Sweden, Taiwan, United Kingdom, United States and Global Travel Retail.

The first public showing of the Last Great Malts single malt Scotch collection will be at the Stockholm Beer & Whisky Festival starting September 25.

For more information on the new single malt expressions, the five distilleries, tasting notes, crafting, and heritage, please visit

About John Dewar & Sons Ltd.

John Dewar & Sons Ltd. employs 300 people at seven locations throughout Scotland. The Company currently operates whisky distilleries in Aberfeldy, Macduff, Aultmore, Craigellachie and Nairn with ageing, blending, bottling and packaging facilities in Glasgow and additional maturation facilities in Poniel in Central Scotland.

The single malt brands of ABERFELDY®, AULTMORE®, CRAIGELLACHIE®, THE DEVERON® and ROYAL BRACKLA® are part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.




Source: John Dewar

Written by asiafreshnews

September 25, 2014 at 4:16 pm

Posted in Uncategorized

Space-saving Modular PLC Available from RS Components Offers Scalable and Flexible Design for Small Automation Systems

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-The Siemens Simatic S7-1200 controller combines powerful integrated technology and a communications interface to provide fast start-up, precise monitoring and ease-of-use in automation tasks

SINGAPORE /PRNewswire/ — RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has announced that, from October 2014, the popular Simatic S7-200 programmable logic controller (PLC) from Siemens is to be discontinued and fully replaced by the new generation Micro-SPS Simatic S7-1200 controller, which offers significant price and performance advantages over the previous model.

The compact Simatic S7-1200 controller has been engineered to reflect the growing importance of flexibility, modularity and scalability in hardware design, while providing powerful integrated functions that are easy to use. It offers five CPU types with different performance ratings and a modular design that can be expanded with additional inputs and outputs. The system can be finely scaled by installing ‘signal boards’ on an interface directly on the CPU to add a few digital or analogue channels, thus reducing space requirements in the control cabinet. The inputs and outputs of the CPU are also designed for motion control applications so that flexibility is already integrated in the basic module. Integrated technology functions include PID closed-loop control, motion and axis control.

The Simatic S7-1200 controller is configured with the STEP 7 Basic engineering software in the TIA Portal (Totally Integrated Automation). This means users have access to a standardised, comprehensive engineering tool for logic operations, HMI and networking with one shared editor. The entire navigation, all symbols and menus are standardised in all views, which makes the software easy to learn and use.

The S7-1200 features an integrated Profinet interface, which is standard in all CPUs and designed as a 2-port switch interface in the larger models, and supports distributed architectures with inputs and outputs, HMI, drives and other Profinet field devices. This feature is particularly useful if the controller operates in a networked system or if more than one HMI device is to be connected. Separate expansion modules are available for Profibus communication.

In addition, a GPRS module supports remote access from almost any location in the plant. This is useful during plant service, enabling faults to be eliminated remotely and service personnel to obtain information from transmitted diagnostics in advance, or order hardware components prior to the service call.

The Siemens Simatic S7-1200 PLC is available to purchase from RS stock globally.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the global distributor for engineers. With operations in 32 countries, we offer around 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include semiconductors, interconnect, passives and electromechanical, automation and control, electrical, test and measurement, tools and consumables.

Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2014 had revenues of GBP1.27bn.

For more information, please visit the website at

RS Components
Tan Soo Chun
Public Relations Manager – Asia Pacific
Telephone: +65-6391-5745

Edelman Public Relations (Singapore)
Yvette Yeo
Telephone: +65-6347-2355

Further information is available via these links:

@RSElectronics; @alliedelec; @designsparkRS

RS Components on Linkedin

RS Components on Weibo

Relevant Links:

Electrocomponents plc

RS Components


Logo –
Source: RS Components Singapore

Written by asiafreshnews

September 25, 2014 at 2:56 pm

Posted in Uncategorized

Fragrance Du Bois Launches Oud Amber Intense, the Official Perfume for the Amber Lounge at the Singapore Grand Prix 2014

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SINGAPORE, Sept. 23, 2014 /PRNewswire/ — ‘Dynamic’, ‘exciting’, ‘atmospheric’; words often used to describe the F1 night race in Singapore.  Perfectly matching and complementing the ambience is the newly launched Oud Amber Intense by Fragrance Du Bois, the official perfume for the iconic Amber Lounge after-party in Singapore.

Reflecting the energy, passion and glamour that have become synonymous with the race itself, Oud Amber Intense is a specially created fragrance for Sonia Irvine, the Founder of the Amber Lounge.  Developed by internationally recognised perfumer, Sandra Dziad, and based on the creative vision, personal tastes and entrepreneurial spirit ofSonia Irvine, Oud Amber Intense has a spicy citrusy opening, with notes of bergamot, tangerine, black pepper and cinnamon. It is a fragrance that exudes confidence and sophistication.

Flowers, fruity wood notes of neroli, rose, blackcurrant and patchouli infuse a warm heart, and are held together with an amber accord. The melange enraptures the senses, with a finish of musk and Fragrance Du Bois’ signature 100% pure, natural and sustainably sourced Oud — supplied exclusively from plantations managed by Asia Plantation Capital, and of the very highest quality. The combination brings to mind the warm fresh breeze of the sexy and mysterious Orient — much like an evening party at the Singapore night race.

“I absolutely love Oud Amber Intense by Fragrance Du Bois,” said Sonia Irvine. “Not least because it is a fully bespoke creation based on my preferences and vision, but also because it is unique, complex, and at the same time invigorating and fun. It’s a wonderful reflection of what I have created the Amber Lounge to be. I am especially pleased to have Oud Amber Intense as the official fragrance for the Amber Lounge at this year’s Singapore F1 night race, and to be launching it today at Fragrance Du Bois’ first concept boutique at the Fullerton Hotel.”

Oud Amber Intense is the third fragrance in a series that has been created for the Amber Lounge in previous races. Oud Noir Intense, which exudes danger, intrigue and night-time excitement, was the official perfume for 2013’s F1 night race in Singapore. Sahraa Oud, with its sense of perfect stillness broken by unpredictable shifts of racing winds across the Arabian Desert, was created for the Abu Dhabi Grand Prix.

“Fragrance is something that is very personal to each individual,” says Nicola Parker, Brand Director at Fragrance Du Bois. “We pride ourselves in being able to provide not only ready to wear scents, but also an experience in which we can guide our clients to a fragrance that suits them the best. It could be one that has already been created; or a semi-bespoke scent where we customise an existing fragrance to an individual taste. We also have a fully bespoke service, which involves a consulting process to learn about the client’s preferences and personality, before creating something unique, and perfectly suitable.”

Nicola continues, “Another distinctive aspect of our fragrances is that we use only 100% sustainable, natural, pure Oud of the finest quality. Because of the way in which Oud interacts with different ingredients, and also ‘settles’ on the individual’s body in different ways, all our fragrances produce different aromas from one person to another. It’s one of the extraordinary and delightful facets of using a substance as mystical and desirable as Oud.”

Officially launching Oud Amber Intense to the world, Sonia Irvine, graced the Fragrance Du Bois Concept Boutique at the Fullerton Hotel, Singapore, autographing booklets that detail and profile Oud Amber Intense. Alexander Rossiof the Marussia F1 team, who will be one of the drivers on the catwalk during Amber Lounge’s signature drivers Fashion Show, also joined the launch event. Guests visiting the Amber Lounge at the night race in Singapore will have the opportunity to experience Oud Amber Intense themselves, as Fragrance Du Bois will have its customised luxury fragrance trunk at the reception area, where they can sample various perfumes, as well as Oud Amber Intense itself. Oud Amber Intense will be retailed at all of Fragrance Du Bois’ concept boutiques and concessions worldwide.

Supporting a Cause

Fragrance Du Bois is luxury with a conscience, and is committed to corporate and social responsibility. As a result of Fragrance Du Bois’ commitment to using only sustainably sourced ingredients, the fragrance has been endorsed by the Prince Albert II of Monaco Foundation. 5% of the proceeds from the sale of the fragrance go to the Prince Albert II of Monaco Foundation and another 5% goes to the Brain and Spine Foundation. The Prince Albert II of Monaco Foundation — created by HSH Prince Albert in 2006 — is dedicated to the protection of the environment. The Brain and Spine Foundation is the official charity for the Amber Lounge Monaco 2014 — a choice made bySonia Irvine in light of former F1 driver Michael Schumacher’s accident last December.

With the sale of each fragrance, Fragrance Du Bois will work with its sustainable plantation partner, Asia Plantation Capital, to plant one Aquilaria tree — the source of the Oud oil in all Du Bois’ fragrances — and one teak tree, with the Plant Genetics Programme supported by the Thai Royal Family.

Sonia Irvine and Alexander Rossi at the launch of Oud Amber Intense at Fragrance Du Bois.
Sonia Irvine and Alexander Rossi at the launch of Oud Amber Intense at Fragrance Du Bois.


Sonia Irvine, Alexander Rossi and guest, being guided through Fragrance Du Bois’ first concept boutique at the Fullerton Hotel, Singapore
Sonia Irvine, Alexander Rossi and guest, being guided through Fragrance Du Bois’ first concept boutique at the Fullerton Hotel, Singapore

Notes to Editors

For further information, please contact:
Jacinta Rowe
Marketing and Communications Director
Office: +65 6634 4707
Mobile: +65 9698 9106

Adrian Heng
Group Marketing Director
Office: +65 6634 4707
Mobile: +65 9750 7440

About Fragrance Du Bois

Fragrance Du Bois is a niche luxury perfume house working closely with sustainable plantations in Asia, bringing exciting new 100% organic Oud oil based fragrances to exclusive markets worldwide. Sustainably sourcing the finest raw materials across the globe, working with French perfumers to create a full range of products, and also providing bespoke fragrance services, Fragrance Du Bois is personal luxury with a conscience. With exclusive fragrance lounges around the world, in Dubai, Hong Kong, Thailand, Malaysia and Singapore, Fragrance Du Bois creates only the finest experience in bespoke perfumery.

Fragrance Du Bois is known as Parfums Du Bois in France, and in non-French speaking markets, as Fragrance Du Bois.

A percentage of the proceeds from the sale of Oud Amber Intense will be donated to the Prince Albert II of Monaco Foundation.

Du Bois supports the actions of the Prince Albert II of Monaco Foundation.

About Asia Plantation Capital

Asia Plantation Capital is owner and operator of a diverse range of commercial plantation and farming businesses across the Asia-Pacific region, and globally, and is part of the Asia Plantation Capital Group of associated companies. Their focus is on multicultural and diverse plantation projects geared to the domestic and commercial demands of the countries in which they operate.

Working closely with and supporting local communities is an underlying core principle of the APC business, providing social and cultural support, as well as investment, to move these communities away from deforestation and illegal logging activities, previously seen as a main source of income in some regions of Asia.

Established officially in 2008, although operating privately since 2002, the group now has plantation and agricultural projects on four continents with operational projects at various stages in Thailand, Malaysia, China, Laos, India,Cambodia, Sri Lanka, Mozambique, The Gambia, North America and Europe.

Promoting the use of certified wood is the best way of preventing deforestation, protecting biodiversity, and combatting poverty in the tropical rainforest regions. For the yachting sector, which strives for excellence and which is already involved in environmental efforts, this is also a way of ensuring that no wood from illegal logging is used.

About Amber Lounge

Amber Lounge was founded by Sonia Irvine, sister of former Ferrari F1 star Eddie Irvine, and was launched at the Monaco Grand Prix in May 2003. The premise was simple: the creation of a truly VIP party that reflected the glamour and exclusivity of one of the most prestigious sporting events in the world. Over the years, Amber Lounge has carved a reputation as a unique venue, where F1 drivers, celebrities, royalty and regular race fans, can come together to enjoy a stylish, fun night out. Amber Lounge parties have been hosted throughout the world, includingShanghai, Valencia and Barcelona. For 2014, Amber Lounge will also roll out the red carpet in Singapore, Austinand Abu Dhabi.

About the Prince Albert II of Monaco Foundation

In June 2006, HSH Prince Albert II of Monaco decided to set up his Foundation in order to address the alarming threats hanging over our planet’s environment. The Prince Albert II of Monaco Foundation works for the protection of the environment and the promotion of sustainable development. The Foundation supports initiatives conducted by public and private organisations within the fields of research, technological innovation, and activities to raise awareness of the social issues at stake. The Foundation’s efforts focus on three main sectors: climate change, biodiversity and water.

These three sectors are concentrated in one single ecosystem:  the tropical rainforests. The environmental consequences at stake are, therefore, considerable, when we take into account that the tropical rainforests harbour more than 75% of the earth’s biodiversity and that their destruction is responsible for more than 20% of greenhouse gas emissions.

As part of its actions to fight against deforestation, the Foundation launched the Wood Forever Pact, to promote the use of wood harvested from sustainably managed forests within the yachting industry.

Promoting the use of certified wood is the best way of preventing deforestation, protecting biodiversity and combating poverty in the tropical rainforest regions. For the yachting sector, which strives for excellence and which is already involved in environmental efforts, this is also a way of ensuring that no wood from illegal logging is used.

Oud Amber Intense — the Fact Sheet

The Perfume

Dynamic, fresh and exciting, Oud Amber Intense, crafted exclusively for Sonia Irvine, reflects the creative vision and entrepreneurial spirit that successfully inaugurated the glamorous Amber Lounge events. Regarded as the pioneer of the F1 nightlife experience, Sonia has been creating the most sought after post-race parties since 2003.

Drawing inspiration from the Orient, Oud Amber Intense has a spicy, citrusy opening, with notes of bergamot, tangerine, black pepper and cinnamon. Flowers, fruity wood notes of neroli, rose, blackcurrant and patchouli infuse the heart, and are held together with an amber accord. The melange enraptures the senses, with a finish of musk and Du Bois’ signature 100% pure, natural Oud which is supplied exclusively by Asia Plantation Capital.

The fragrance was also released in a limited edition Marcel Franck bottle, created especially for the event, and crafted from hand-blown Venetian glass. With only 100 of these bottles in circulation, the fragrance will be sold inDu Bois’ newly opened boutiques at The Fullerton Hotel in Singapore, and at the Starhill Gallery in Kuala Lumpur, Malaysia.

Limited edition release of Oud Amber Intense in a quintessential Marcel Franck bottle. Available on pre-order only. Retail Price S$5000
Limited edition release of Oud Amber Intense in a quintessential Marcel Franck bottle. Available on pre-order only. Retail Price S$5000


100ml Bottle with Swarovski crystal studded cap. Retail Price S$1,465.
100ml Bottle with Swarovski crystal studded cap. Retail Price S$1,465.


15ml Bottle. Retail Price S$230.
15ml Bottle. Retail Price S$230.

The Notes

Top Notes

Heart Notes

Base Notes

Bergamot, tangerine and

orange essential oils

Black pepper

and cinnamon essential oils

Cumin and saffron absolutes

Neroli essential oil

Rose and jasmine absolutes

Blackcurrant and patchouli

essential oils

Styrax and ciste essential oils

Benzoin resin

Peru balsam


100% pure, organic Oud oil

The Nose

Fragrance Du Bois’ Master Perfumer, Sandra Dziad, weaves an almost alchemical magic with her innovations in perfumery.  Dziad is a superb exponent of the art of bespoke fragrance creation, bringing a wealth of experience at world-renowned perfume houses such as Galimard, Jean Paul Gaultier and Chanel to her role with Fragrance Du Bois.

Dziad is at the vanguard of a young group of perfumers changing the face of the fragrance world. Inspired by nature, consumed by a passion for her art, she has created more than a thousand tailor-made fragrances — many for celebrities of world renown.

With a depth of experience and a wealth of knowledge, Dziad’s creations come from the heart and speak to the soul, invoking moods, stimulating emotions, and capturing the very essence of a person.

Dziad’s first creation for Fragrance Du Bois cements her as a master of her craft. She will continue to compose fragrances at the Bastide Du Bois, a luxury villa in Grasse, where Du Bois provides clients with the ultimate experience; the creation of their own, unique fragrance, while luxuriating in comfort and immersing themselves in the ambience of the south of France.

“I am just the paintbrush. The client is the artist.” Sandra Dziad
“I am just the paintbrush. The client is the artist.” Sandra Dziad

Fragrance Du Bois
Tel: +65 653 657 71

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Source: Fragrance Du Bois

Written by asiafreshnews

September 25, 2014 at 1:51 pm

Posted in Uncategorized

Industry-led Group Focussed on Universal Standards of Professionalism and Ethics in the Financial Services Industry Launched

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-Global initiative by leading industry practitioners

KUALA LUMPUR, Malaysia, Sept. 24, 2014 /PRNewswire/ — The global financial services industry today witnessed the launch of the Financial Services Professional Board (FSPB), a pioneering industry wide initiative, dedicated to the development and advocacy of professional standards and ethical behaviour.

FSPB is the direct result of industry practitioners working towards enhancing the development, advocacy and adoption of universal standards in professionalism and ethics across the financial services industry, namely in banking, insurance, capital markets and Islamic finance. FSPB aims to develop clear, internationally recognised and universally applicable standards of professional conduct and ethical behaviour that are industry relevant.

FSPB Board is led by its inaugural Chairman, Tan Sri Azman Hashim, Chairman and Founder of Ambank Group and comprises global leaders from the financial services industry (For a full list of Board members, please see attached Appendix A).

The Board is drawn from all sectors within the financial services industry including representation by members from the legal as well as accountancy profession.

In setting up FSPB, the Board felt that currently, professional bodies representing industry subsectors have been focussed in elevating professionalism in their area of specialisation and as a result, whilst efforts have been exceedingly commendable, these initiatives have been somewhat fragmented in approach.

FSPB Chairman, Tan Sri Azman Hashim, in his welcoming address at the launch said, As an industryled body, FSPB will leverage on the power of advocacy in its mission of advancing professionalism and ethics. The Board believes that this approach is key towards the development of an inherent value system within the industry, which will then allow professionalism and ethics to remain top of mind.”

The launch of FSPB was officiated by both the Governor of Bank Negara Malaysia, Tan Sri Dato‘ Sri Dr Zeti Akhtar Aziz and Chairman of the Securities Commission Malaysia, Datuk Ranjit Ajit Singh, representing the endorsement by both regulators towards the formation of FSPB.

FSPB is supported by a Secretariat hosted by the Asian Institute of Finance (AIF), a think tank jointly established by Bank Negara Malaysia and the Securities Commission Malaysia to develop human capital and talent management across the financial services industry.

For more information, please visit


Financial Services Professional Board (FSPB) is an industry-led body focused on developing and advocating professional standards and ethical behaviour across all sectors of the financial services industry, namely banking, capital markets, insurance and Islamic finance.

Established in September 2014, FSPB develops universal standards of professionalism and ethics, through industry engagement and consensus. Specifically, FSPB’s role entails:

  • Advocating Standards: Develop, promote and disseminate universal standards in professionalism and ethics applicable to the entire financial services industry;
  • International Co-operation: Facilitate the sharing of global best practices relating to the financial services industry across jurisdictions; and
  • Research and Development: Conduct research into potential areas of interest relating to professional standards and ethical behaviour, across the spectrum of financial services.

The FSPB’s Board members are global leaders and experts and is led by its inaugural Chairman is Tan Sri DatoAzman Hashim, Non-Executive Chairman and Founder of the AmBank Group, Malaysia.

For more information, please visit

Appendix A — List of Board Members and their respective quotes

Media Contacts:  

Farah Jaafar-Crossby

Delyana Nordin

Appendix A

a) List of FSPB Board Members

1. Tan Sri Azman Hashim (Mr)
Chairman, FSPB
Chairman, AmBank Group and Malaysian Investment Banking Association

2. Abdul Kadir Md Kassim (Mr)
Managing Partner
Kadir, Andri & Partners

3. Belinda Gibson (Ms)
Former Deputy Chairman
Australian Securities and Investments Commission

Former Member
Financial Reporting Council and the Corporations and Markets Advisory Committee

4. Dato’ Seri Johan Raslan (Mr)
Former Executive Chairman
PricewaterhouseCoopers Malaysia

Former Chairman
Financial Reporting Foundation Malaysia

5. Tan Sri Dato‘ Megat Zaharuddin Megat Mohd Nor (Mr)

6. Ng Keng Hooi (Mr)
Group Executive Vice President & Regional Chief Executive
American International Assurance Co.Ltd

7. Richard Thomas, OBE (Mr)
Chief Representative
Gatehouse Bank, Kuala Lumpur Representative Office

8. Carlson Tong (Mr)
Securities and Futures Commission of Hong Kong

9. Sir David Tweedie (Mr)
Board of Trustees, International Valuation Standards Council

Former Chairman
International Accounting Standards Board

10. Axel Weber (Mr)
Union Bank of Switzerland AG

b) Quotes by FSPB Members

1. Tan Sri Azman Hashim

The Board of FSPB was established to enhance the standards of professionalism and ethics in the financial services industry. I am confident that we can harness the enthusiasm shown by the industry and the strong support from Bank Negara Malaysia and Securities Commission Malaysia to achieve the objectives of FSPB.

2. Abdul Kadir Md Kassim

“Having witnessed financial disasters during the last three decades and seen the demise of iconic institutions from Barings to Lehman, it is timely that a values-based ethical and professional standards be introduced to and be embraced by all involved in the financial sector.”

3. Belinda Gibson

“All financial market professionals must respect their customers, and the integrity of the marketplace. Culture starts at the top, and every leader should think about what they can do to encourage a strong culture. Disrespectful conduct should never be ignored.”

4. Dato’ Seri Johan Raslan

“Bank Negara Malaysia’s initiative to establish the FSPB is an important step to win back public trust in Financial Services, in Malaysia and internationally.”

5. Tan Sri Megat Zaharuddin Megat Mohd Nor

“Professionals in our industry need always to remember the trust clients placed upon us, to do the right things for them and our society.”

6. Ng Keng Hooi

“The global financial crisis has brought into question the governance and practices in the financial services industry worldwide. Hence, the setting up of FSPB is timely to enhance professionalism and ethics of the industry. I am pleased and honoured to be part of FSPB in its effort to develop professional and ethical standards.”

7. Richard Thomas

“Applying ethics to financial services through professional standards is a basic trust bestowed on its leadership by its stakeholders in society. FSPB can provide further transparency and practical guidance to financial services professionals in this regard.

8. Sir David Tweedie

“At the heart of the global financial crisis lay greed, short-termism, the search for yield and mispricing of risk. At one stage a quarter of the world’s GDP was supporting the banks.

A critical question is – are the financial institutions operating in the public interest or their self interest? The key is the tone at the top of these institutions.”

9. Axel Weber

“It is my hope and belief that the Financial Services Professional Board will create an important new voice for promoting the highest standards of ethical and professional conduct in the financial services, in Malaysia and globally.”

10. Carlson Tong

“The lessons from the global financial crisis are that, ethical behaviour, integrity and tone at the top are keys to maintaining a quality financial market. I look forward to contributing to the development of the Board.”

Source: Financial Services Professional Board

Written by asiafreshnews

September 25, 2014 at 12:55 pm

Posted in Uncategorized