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AMRI Hires VP of International Sales

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ALBANY, New York /PRNewswire/ — AMRI (NASDAQ: AMRI) announced today that Michael Pettersson, fills the newly created position of VP of International Sales, effective immediately. He reports toChristopher Conway, Senior Vice President of Global Sales and Marketing.

In this role, Mr. Pettersson will lead the international sales team in an effort to increase worldwide customer value and maximize market share in targeted market segments. Mr. Pettersson will drive strategy for sales and marketing efforts across AMRI’s full ranges of services and products in Drug Discovery, Small Scale Development, API and Drug Products.

“We are pleased to welcome Michael to AMRI,” said Mr. Conway. “As a sales and marketing professional with experience leading international sales activities across various territories worldwide, we are confident that he brings the international commercial expertise that will enhance AMRI’s ability to improve the customer experience on a global basis.

Mr. Pettersson brings more than 30 years of international and commercial sales experience. Most recently he served as Senior Vice President at Teva API with worldwide sales responsibility. Mr. Pettersson holds an MBA in Marketing and Strategy from the Copenhagen Business School.

About AMRI
Albany Molecular Research Inc. (AMRI) is a global contract research and manufacturing organization that has been working with the Life Sciences industry to improve patient outcomes and the quality of life for more than two decades. With locations in North America, Europe and Asia, our key business segments include Discovery and Development Services (DDS), Active Pharmaceutical Ingredients (API), and Drug Product Manufacturing. Our DDS segment provides comprehensive services from hit identification to IND, including expertise with diverse chemistry, library design and synthesis, in vitro biology and pharmacology, drug metabolism and pharmacokinetics, as well as natural products. API Manufacturing supports the chemical development and cGMP manufacture of complex API, including potent, controlled substances, biologics, peptides, steroids, and cytotoxic compounds. Drug Product Manufacturing supports drug product development through commercial scale production of complex liquid-filled and lyophilized parenteral formulations. For more information about AMRI, please visit our website at or follow us on Twitter (@amriglobal).

Source: AMRI

Related stocks: NASDAQ-NMS:AMRI

Written by asiafreshnews

March 6, 2015 at 6:30 pm

Posted in Uncategorized

Bank of Maharashtra Completes Roll-out of InfrasoftTech Mobile Banking Solution

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MUMBAI, India /PRNewswire/ — InfrasoftTech today announced that Bank of Maharashtra has gone live on InfrasoftTech’s Mobile Banking Solution, enabling Bank of Maharashtra’s customers to avail banking services on-the-go.


Bank of Maharashtra has a large customer base and wanted to mobile-enable its services in keeping with evolving customer expectations. The solution had to be scalable, both in terms of increase in mobile banking usage as well as expansion in portfolio of services offered.

InfrasoftTech’s Mobile Banking Solution has helped Bank of Maharashtra to provide its clients a highly flexible way of banking. With this solution, Bank of Maharashtra’s customers can view account related information, make secure fund transfers, send funds through NEFT, make merchant and utility payments, raise service requests like debit card request, debit card pin regeneration, credit card request, block debit card and many other such services that a customer needs on day-to-day basis. The 2FA authentication makes the transactions highly secure and safe. The solution also provides value added services like mobile passbook, complain lodgement and change of PIN. It also provides location-aware features such as branch/ATM locator for required set of services.

Bank of Maharashtra was able to meet all its business and technology goals for this automation project, and thus allowing its 20 million+ customers to avail the benefit of banking on-the-go. In 2013-14, InfrasoftTech launched its mobility solution suite on hosted platform, offering it on SaaS model. This has greatly benefited Bank of Maharashtra to quickly launch the mobile-based services without having to worry about initial capex requirements and procurement delays that come with any infrastructure deployment.

Speaking on the occasion, Mr. M.C. Kulkarni – GM-IT, Bank of Maharashtra stated, “We are confident to achieve our objective of delivering highly scalable mobile banking solution on InfrasoftTech’s mobility platform that will enhance our customer reach and allow our customers to avail of many services 24×7. InfrasoftTech has worked round the clock to develop and deliver the mobile banking solution, within strict timelines. I am confident of quick adoption of mobile banking amongst our large customer base since the solution is very user friendly.”

On the occasion, Mr. Hanuman Tripathi, Founder & Group Managing Director, InfrasoftTech, said, “We are very glad to see Bank of Maharashtra going live on our mobility platform, since this is the need of the hour for any bank wanting to improve its service capabilities. The bank had set very strict deadlines for itself and I am happy to note that both the teams have made it possible. The project offers one of the best case studies for mobile banking solution on a hosted platform in India.”

Mr. Rajesh Mirjankar, CEO, InfrasoftTech, said, “InfrasoftTech has invested in a state-of-the-art solution and infrastructure for a hosted mobility and payments platform and desires to be the market leader in this segment. We will continue to upgrade the features of our mobility solutions in line with the needs of today’s generation of clients.”

About Bank of Maharashtra:

It is one of the leading public sector banks in India with 8 decades of operations spanning retail, commercial, MSME, and financial inclusion sectors with over USD 35 bn business mix. It serves over 20 million customers through 1900+ branches.

About InfrasoftTech:

InfrasoftTech, a CMMi Level 5 v1.3 assessed company, is a specialized IT product solutions and services provider for global financial enterprises. The company enjoys the trust of over 300 banks and financial institutions in 32 countries for its wide ranging offerings in the space of core banking, microfinance, payment solutions, money laundering prevention, commercial banking, wealth management, brokerage and capital markets. Our operations are spread over 3 delivery centers in India in Mumbai, Pune and Chennai and in UK, Canada, USA and UAE and has extensive partner networks over Africa, Middle East and South East Asian countries.

Learn more at

Media Contact
Harshada Deokar
Asst. Manager – Corporate Communications
Infrasoft Technologies

Source: InfrasoftTech

Written by asiafreshnews

March 6, 2015 at 6:25 pm

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Malaysian International Furniture Fair 2015 Turns Up the Heat to Kick off Asian Season

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 KUALA LUMPUR, Malaysia /PRNewswire/ — Buyers flocked toSoutheast Asia’s leading furniture fair when the 21st Malaysian International Furniture Fair (MIFF) opened Tuesday to kick off the buying season in Asia.
MIFF 2015 Opening Ceremony: (L-R)Datuk Himmat Singh, Secretary General, Ministry of Plantation Industries and Commodities, Dato’ Dr Tan Chin Huat, Chairman of MIFF, Mr Jime Essink, President & CEO, UBM Asia and Mr M Gandhi, Managing Director (ASEAN Business), UBM Asia
MIFF 2015 Opening Ceremony: (L-R)Datuk Himmat Singh, Secretary General, Ministry of Plantation Industries and Commodities, Dato’ Dr Tan Chin Huat, Chairman of MIFF, Mr Jime Essink, President & CEO, UBM Asia and Mr M Gandhi, Managing Director (ASEAN Business), UBM Asia

Yang Berbahagia Datuk Himmat Singh, Secretary General, Ministry of Plantation Industries and Commodities representing Yang Berhormat Datuk Amar Douglas Uggah Embas, Minister of Plantation Industries and Commodities, Malaysia officiated the annual show that brought together over 500 exhibitors from 15 countries in one of the most robust trading platforms in the global furniture industry.

Organised by UBM Malaysia, the five-day event at the Putra World Trade Centre (PWTC) and Matrade Exhibition and Convention Centre (MECC) has drawn 10% new exhibitors and strong pre-registration of first time attendees from all over the world.

Buyers will be kept busy with the wide displays of newest products and selections from Malaysia, China, Taiwan,Indonesia, Hong Kong, Singapore, South Korea, United States, India, Spain, Bulgaria, Italy, Japan, Finland andFrance packing 80,000 square metres of exhibition space.

The show offers the full range of furniture with extensive selections of modern and contemporary styles for dining, bedroom, living room, office, children, occasional, outdoor as well as furniture fittings and hardware.

Based on visitor trend, MIFF 2015 is anticipated to attract attendees from as many as 140 countries and regions, drawn by the solid reputation of value and quality products of the show.

The high diversity of attendees has made MIFF increasingly attractive as the gateway to new markets inSoutheast Asia and other emerging regions including East Europe, South Asia, East Asia, Africa and the Middle East.

Last year, the show was visited by nearly 20,000 including 6,171 international buyers from 141 countries and regions, and orders again hit a high of US$892 million from US$854 million in 2013.

For the first time, state agency Malaysian Timber Council has teamed up with MIFF and China-based Malaysian designer Philip Yap to present a showcase called “Designing with Malaysian Hardwood – Collection Number 1,” featuring contemporary living and bedroom sets made of Sepetir, a light golden brown tropical hardwood, at PWTC.

Other highlights includes five seminars starting Wednesday to enhance networking and educational opportunities with international industry experts, among them design consultants, Enrico G. Cleva, Roberta Mutti and Franz Rivoira of Italy, as well as Arlene Flecha and Jake Miller from the United States Consumer Product Safety Commission.

Taking place on Thursday is the announcement and presentation of prizes to the winners of the young talent MIFF Furniture Design Competition and top exhibitors for best product and booth displays. The prototypes of the 10 finalists of the design competition are displayed at MECC.

Walk-in registration counters are open during the show time from 9.30am to 6pm daily from Mar 3 (Tuesday) toMar 6 (Friday) and 9.30am to 5pm on Mar 7 (Saturday).

MIFF is among a dozen key industry shows in Asia owned by UBM, that includes Furniture China, Index Trade Fairs Mumbai, Indonesia International Furniture Expo and FIDexpo in Russia.

Dato’ Dr. Tan Chin Huat, MIFF Chairman, said: “The overall response reflects the importance of MIFF as a highly effective trade platform in the international market place, one that stands out for value, quality, variety and world class show experience. Our goal is always to continue and develop MIFF to benefit exhibitors and buyers alike. We strive to make the show even better every year.”

Jime Essink, President and CEO, UBM Asia, said: “The trade show industry still has plenty of room to grow in Southeast Asia.  We are excited that, finally, more exhibition space will be ready in Kuala Lumpur by 2017. This will open exciting opportunities to expand and bring more events here. The launch of the ASEAN Economic Community from this year will be another key driver for the show industry in the region.”

For more information on the event, highlights and exhibitor profiles, visit

About MIFF (

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

Business Discussion snapshot during the Day 1 of MIFF 2015
Business Discussion snapshot during the Day 1 of MIFF 2015

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Source: UBM Asia (Malaysia)
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Written by asiafreshnews

March 6, 2015 at 6:09 pm

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Ulmart IPO Scheduled for 2016 – Search Begins for Where Best to Place

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MOSCOW, March 5, 2015 /PRNewswire/ —

Top managers from Ulmart, Russia’s leading e-commerce company, set out to New York City this week to meet with representatives of two of the world’s leading stock exchanges: the NYSE and the NASDAQ.

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The purpose of the trip is to determine which exchange will be the best fit for Ulmart as it readies itself for a placement in early 2016. Visits to London and Hong Kong stock exchanges will follow in the coming months. The goal is to make an announcement by mid to end-Summer.

Ulmart top management already visited the Moscow stock exchange in November of last year-a dual listing is a possibility for the company.

While e-commerce leaders like Alibaba and have chosen the US over Hong Kong and London, the US as a choice for placement is not a done-deal for Ulmart.

Dmitry Kostygin, Ulmart’s majority shareholder and chairman of the board offered the following analysis: “The size of the overall valuation will really dictate a lot in regards as to where we place. If it is large enough, say several times sales, then we think London might be a better fit as there is a tendency for continental investors to be bullish on larger listings. A smaller one, less than one time sales, might lead to the US as smaller listings there are quite well-received.”

Despite a slowing-economy and a tense geo-political situation, a comfort zone has returned and many investors are again buying into Russian stocks because of their deflated prices and thanks to a fairly stable macro-economic situation in comparison to many members of the European Union.

“Retail is a long game. E-commerce is longer and Russia is even longer still. None of the three are going to go away just because of what is going on. Oil will rebound and the Russian-Ukrainian conflict will calm down considerably and very quickly money ear-marked for Russia, still a leading emerging market, will find good deals. Ulmart happens to be the best deal going in private enterprise and it’s placement be the next big thing in e-commerce,” commented Brian Kean, the company’s head of communications and investor relations.

The offering, which could raise as much as $1.5 billion, will be a primary one as Ulmart plans to expand its three-tiered fulfillment center infrastructure by an additional 1 million square meters.
Source: Ulmart

Written by asiafreshnews

March 6, 2015 at 6:02 pm

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Asian Paper Jakarta 2015 The Perfect Location for the Pulp and Paper Industry

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SINGAPORE 2015 /PRNewswire/ — April 28-30 will see Jakarta’sprestigious International Expo Centre open its doors to the most important pulp and paper exhibition in the region.

All major suppliers in the industry will agree that Indonesia has rapidly become more and more important to the global pulp and paper industry and it is now ranked among the world’s largest producers of pulp and paper for packaging, graphics and tissue. The country’s geographical position makes it ideal for growing top quality raw materials which — combined with its advantageously young and ambitious population

This is why Jakarta, Indonesia’s bustling capital, has been chosen by the organiser, UBM Asia, for Asian Paper’s latest installment of the top regional exhibition for the unveiling of the latest pulp and paper technology. Some of the top industry suppliers have already signed up to exhibit at the event, from Advanced Enzyme Technologies in India, to Voith from Germany, and many top companies in between. There will also be a special delegation of supplier companies from France under the SYMOP banner, as well as many other local and regional suppliers.

Globally the industry is in a good place currently with low oil prices, advantageous interest rates in many countries, and, most importantly, the realisation among the general public that paper is good, paper is green, and that paper does a fantastic job in its many applications. Buyers for all sorts of products are making enquiries, with many already registered for the Jakarta show including a delegation of “C” level executives from 19 companies based in Myanmar. Paper traders, stationary suppliers and sourcing companies are also looking for suppliers of A4 copy paper, coated art paper, offsets, LWCs, supercalendered and notebook coverboards, in particular within Asian Paper Jakarta 2015.

Asian Paper Jakarta 2015 will also be running its extremely popular technology focused New Applied Technology (NAT) conference for industry participants. With the theme, “Getting More with Less – New Technology is the Key,” experts, engineers and industry suppliers will reveal the very latest technologies which will allow pulp and papermakers to up their game, and make sure their mills are maximising uptime and minimising downtime.

Whether your company is a prestigious supplier to the many pulp and paper industry producers in the region, or you are responsible for buying the paper industry’s quality products, you will find huge opportunities at Asian Paper Jakarta 2015.

For media information, please contact:

Joelle Quah
Senior Marketing Executive
UBM Media (Singapore) Pte Ltd
Tel: +65 6592 0888 ext 897

Notes to Editors

About UBM Media (Singapore) Pte Ltd (

A member of the UBM Asia Group of Companies, we organise events and conferences in a variety of industries, including aquatic and pet, cruise tourism, information technology, jewellery, paper and nonwovens, etc. The company stages leading events in its targeted industries across the world, attracting quality exhibitors, trade visitors, conference attendees and speakers from all over the world. These events are important business platforms where our customers can meet and network with their existing and new business partners face-to-face.

About UBM Asia (

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters inHong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 30 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 23 trade publications, 20 online products for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

About UBM plc (

UBM plc is a leading global company. We inform markets and bring the world’s buyers and sellers together at events, online and in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, and from farmers to pharmacists around the world. Our 6,600 staff members in 31 countries are organised into specialist teams that serve these communities, helping them to do business and to work effectively and efficiently in their respective markets.

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Source: Asian Paper Jakarta 2015

Written by asiafreshnews

March 6, 2015 at 5:43 pm

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MTA2015: Robotics Market Set to Grow at 12% Annually Over Next Two Years

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Lim Say Leong, Assistant Vice President, Marketing at ABB and MTA2015 exhibitor shares his views on the rise of robotic automation in industrial manufacturing processes

SINGAPORE /PRNewswire/ — The International Federation of Robotics states that demand for industrial robots will continue at an average annual growth rate of 12 per cent between 2015 and 2017. InAsia/Australia, robot sales are expected to increase by around an average of 16 per cent per year. The automotive and electronics industries will continue to see increasing investment in robots.

Mr. Lim Say Leong, Assistant Vice President, Marketing of ABB, thinks that in a new era of robotics, collaboration between humans and robots will become a reality. MTA2015 caught up with Mr. Lim to learn more about future trends in automation technologies and robotics for the Asian manufacturing sector. ABB, a global leader in power and automation technologies, will be showcasing its robotics solutions at MTA2015.

Robotics made simple

Small parts assembly is leading the charge in human-robot collaboration, where humans and machines are starting to work right next to each other, with no need for cages and other protective equipment or barriers. Automation will become simpler and more user-friendly, such as modular plug-and-produce components that will enable people without extensive experience in robotics to programme and integrate a robot in the process. At ABB we believe very strongly in a “what you see is what you get” (WYSIWYG) programming interface, so it is possible – perhaps even expected – that visual apps as well as programming by teaching (rather than coding) will greatly enhance the ease of programming for the next generation.

The tools that allow robots to interact with the world around them are also in development, such as advanced sensing and advanced gripping. In order to allow robots to do all the jobs that they are well suited for, they will need to develop more “human-like” abilities to find, identify and manipulate objects. When combined with powerful processing capability, tools like force control and advanced 2D and 3D vision systems will create a kind of robotic “independence” and allow the robot to make “decisions” about what to do when it encounters the inevitable hiccups that arise in everyday operation. Already ABB has developed a new generation of Integrated Force Control and Integrated Vision to help make these advanced technologies available to more and more end-users.

The benefits for Asian manufacturers

Singapore has always set the lead for countries in Asian markets; in the recent budget announcement it was disclosed that while our wages have caught up with developed countries, our productivity had been lagging in the last three years. This exposes a stark impediment in productivity growth especially when businesses have to compete internationally.

Industries must act now to prepare themselves in integrated automation for when the economy recovers; where further automation will lead to a less labour intensive and more productive future, with less resources and time used to produce more goods at a high and consistent quality. For manufacturers, robots not only bring productivity, but also huge reductions in energy consumption and carbon dioxide emissions. Automation lines equipped with vision systems can also operate without the need for ambient factory lighting or air-conditioning (subject to the requirements of the manufactured product itself), allowing for the possibility of 24/7 operation with substantial energy savings.

Companies with a well-established manufacturing base can also leverage on systems that can collaborate and determine solutions that minimise the cost to the business. In Asia, companies manufacture items ranging from one-off design to large volume production of the same design. These pose great challenges for robots to be innovative, and yet robots can be productive to meet the desired return on investment.

Opportunities in Southeast Asia

The growing middle class in Southeast Asia and higher levels of education are producing new generations of youth who receive less job satisfaction with dirty, dangerous and dull tasks that are characteristic of some manufacturing processes. This creates a demand for more engaging and meaningful jobs in the market, which could pose a challenge to manufacturers in the region who will need to revamp their organisation of human resources. In fact, some small medium enterprises have started employing robotic automation as a means to retain talent and even attract their next generation to inherit the business.

Faced with an uncertain economic outlook, lower oil prices and increased market volatility, businesses have to rethink ways to add value to their products and services. Cheaper Asian countries have the competitive advantage of high volume and low cost in their production chain; players that will stand out are those who provide customisation and cater to the individual needs of customers. For example, product cycles in the electronics industry are getting shorter, with new models and functions being introduced at a blistering pace. Fast deployment and incredible flexibility are key to meeting the demands of low volume but high mix products. In this regard, manufacturers can be flexible in switching between different products and processes with robots, rather than needing large scale production with high product volume. By offering higher quality products coupled with fresh varieties, companies can bring a difference to the table and disrupt the market.

For show updates, please visit the MTA2015 website, Facebook and LinkedIn.

Singapore Exhibition Services is the organiser of MTA2015

Events at A Glance:


MTA2015 – The 20th Precision Engineering Industry Event (held alongside MetrologyAsia2015)


iAutomation2015, MetalAsia2015, Outsource&SubCon2015, ToolTec2015


14 – 17 April 2015 (Tuesday – Friday)


Singapore Expo, Halls 3 & 4A

Opening Hours:

10.30am to 6pm daily


Business and trade professionals


Visitor registration:

Media registration:


Future Factories & Manufacturing Asia


14 April 2015 (Tuesday)


Singapore Expo, Max Atria

Opening Hours:

12.30pm to 5.10pm


Conference delegates only


Delegate registration:

Source: Singapore Exhibition Services
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Written by asiafreshnews

March 6, 2015 at 5:20 pm

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A Series of Firsts: Value Retail Leads the Way With Two Pioneering Initiatives at the World’s Largest Tourism Trade Fair – ITB Berlin 2015

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BERLIN, March 5, 2015 /PRNewswire/ — Value Retail will showcase two innovative tourism partnerships at ITB Berlin, the world’s largest tourism fair, to be held from 4 to 8 March 2015.

The first retailer to offer ‘Online Travel Training’

Value Retail is set to become the first ever retailer to offer travel and tourism partners Online Travel Training. This will help travel partners discover everything the Collection of Villages has to offer their clients in a dynamic, streamlined and efficient way.

Online Travel Training is the number-one eLearning platform for the tourism industry, which provides the largest number of courses designed by experts in the industry. Training will be available on in 10 languages, and will educate travel partners on:

The experience awaiting guests in the Villages
The full range of services and amenities available to their clients at each Village
How to book and sell Shopping Packages to the Villages
The new Village in China, Suzhou Village
Business Tourism (MICE) opportunities

The first module of the training programme will be launched at ITB on 4 March, where visitors to the Value Retail stand can discover and trial the innovative new tool for themselves.

Julia Feuell, Managing Director of Online Travel Training, says, “Online Travel Training promises to enhance the luxurious Value Retail Village experience using cutting edge digital marketing technology for both the travel and tourism agents it works with, and its guests from around the world.”

The first outlet group to partner with Ctrip

In another pioneering partnership, Value Retail has become the first operator of outlet shopping destinations in the world to sign an agreement with Ctrip, the top online travel agency in China. Ctrip – which accounts for 50% of the total online travel service market in China – offers hotel reservations, airline tickets and package tours to business and leisure travellers in China, and provides travel services to more than 90 million travellers via both online and traditional channels.

This new partnership will make the experience at the Collection of Villages accessible to an even wider Chinese audience in a way that supports and facilitates their individual travel needs, so they can easily incorporate a visit to one of the Villages into their travel itinerary.

Ian Stazicker, Group Tourism Director – Value Retail, says, “Value Retail and Ctrip are natural partners, as we are both committed to creating exceptional experiences for Chinese tourists to Europe. The Collection of Villages in Europe are very popular destinations for Chinese tourists, and this new alliance with Ctrip will make the luxury Village experience more accessible for our Chinese guests than ever before.”

ITB Berlin will be the inaugural event for Elise Guingand, who was recently appointed Tourism Manager – International Markets. Most recently, Elise – who is French, and speaks English, Spanish and Russian – worked as Marketing Sales Manager and Key Account Manager for Global Blue, and previously worked for BNP Paribas.

Value Retail can be found at ITB Berlin from 4 to 8 March 2015 in Kingdom Hall 18, booth 125a.

About Value Retail

Value Retail is the only company to specialise exclusively in the development and operation of luxury outlet shopping destinations, the Collection of Villages. The Villages are widely recognised as amongst the best performing shopping centres in terms of sales densities in the world. Since its beginning with Bicester Village in 1995, the Collection has delivered double digit gross sales growth each year and in 2014 attracted more than 32.5 million visits. Each Village is located within an hour of at least one major European city and has established itself as an international shopping tourism destination, defined by high fashion, superior service and hospitality, and a calendar of celebrated events. Value Retail China, an affiliate of Value Retail, opened the first Village in China, Suzhou Village, in Suzhou, 50 miles west of Shanghai in May 2014. A second, Shanghai Village, will open in 2015 next to the Shanghai Disney Resort, located at the heart of a Chinese government $5.5 billion master plan, the Shanghai International Tourism and Resorts Zone.

To learn more about Value Retail and Value Retail China, please visit
Source: Value Retail

Written by asiafreshnews

March 6, 2015 at 5:16 pm

Posted in Uncategorized

DHL Express Invests S$140 million in South Asia Hub, Supporting Trade Across Southeast Asia

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— Singapore facility to provide logistics capabilities to stimulate trade and commerce growth across Southeast Asia
— Fully automated express packages sorting and processing system will increase throughput by 3 times and processing speed by 6 times

SINGAPORE  /PRNewswire/ — DHL Express, the world’s leading international express services provider, today unveiled the blueprint of DHL Express South Asia Hub, a 24-hour express hub facility located within Changi Airfreight Center at Singapore Changi Airport. The new facility, in line with DHL Express’ global investments to bolster our network connectivity, boasts a total investment of S$140 million (Euro 85 million), the largest infrastructural amount invested by DHL Express in Singapore, to better support regional businesses operating in and out of Singapore.

DHL Express Invests S$140 million in South Asia Hub
DHL Express Invests S$140 million in South Asia Hub

Speaking at the unveiling event, Mr Jerry Hsu, CEO, DHL Express Asia Pacific, said: “The DHL Express South Asia Hub reinforces our global multi-hub strategy by leveraging the unmatched regional connectivity provided by Changi Airport and Singapore. In Asia Pacific, DHL Express’ four hubs — Shanghai, Hong Kong, Bangkok and Singapore — link to over 70 DHL Express Gateways located throughout the region. With the continued growth of the Asia Pacific economies, the South Asia Hub will provide the necessary logistics capabilities to support the growth of trade within the region.”

The South Asia Hub reinforces DHL’s multi-hub strategy to strengthen its market position in Asia with major investments in infrastructure and services. DHL’s network is served by a comprehensive air network of over 40 aircraft covering 40 countries and territories, and utilizing approximately 690 commercial flights per day in Asia Pacific.

Occupying a land area of 26,200 square meters and a total floor area of 23,600 square meters, DHL Express South Asia Hub features the first fully automated express parcel sorting and processing system in Singapore andSouth Asia. Upon completion, the facility will be able to handle a cargo throughput of more than 628 tonnes per day when at full capacity and process shipments at the speed of 14,000 shipments per hour. In comparison, the manual processing system in the current facility handles up to 225 tonnes per day at a speed of 2,400 shipments per hour.

DHL Express has been working with Changi Airport Group (CAG) on its expansion plans since 2013, and will move its South Asia Hub to a bigger premise at CAG, a 24-hour Free Trade Zone managed by CAG.

Changi Airport is currently connected to more than 300 cities across 79 countries, with over 100 airlines operating about 6,500 flights every week. Changi Airport’s strong global connectivity, especially across Southeast Asia, coupled with the additional flights on the DHL network will provide more choices and capacity for DHL Express to serve the region in the long term.

Mr Yam Kum Weng, Executive Vice President, Air Hub & Development, Changi Airport Group, said: “CAG is delighted that DHL Express has chosen Singapore as its preferred location for its South Asia Hub which further anchors Changi Airport’s position as a key cargo and logistics hub in Asia. The new facility, which has improved capabilities and almost three times more capacity than that of DHL’s existing facility, allows air express parcels to be shipped or transshipped within an hour. CAG will build on our collaborative partnership with DHL Express to see to the successful completion of DHL Express’ South Asia Hub.”

Besides support in the areas of infrastructure and connectivity, CAG has also actively assisted its cargo partners such as DHL Express through innovative and proactive measures to provide cost relief over the past years, such as landing fee rebates for scheduled freighter services.

“DHL has pioneered the logistics sector in Singapore for over 42 years, building market leadership through innovation, service excellence and commitment. The South Asia Hub is a strong statement of DHL’s long-term growth plan for Singapore to continue to be one of DHL’s strategic air cargo hubs in Asia,” said Mr Herbert Vongpusanachai, Senior Vice President & Managing Director, DHL Express Singapore. “The facility is designed with the vision to deliver top-notch productivity and operational efficiency to benefit our customers with improved speed, reliability and flexibility. With the widened global network and increased flight frequency, we will be able to offer businesses faster access to international markets.”

The latest development comes on top of a recent series of plans to bolster DHL Express’ network infrastructure in the region. This includes DHL Express’ Central Asia Hub in Hong Kong which boasts the region’s largest throughput, the North Asia Hub in Shanghai Pudong International Airport, and a new gateway in Tokyo slated for completion in 2016.  

Singapore has always been at the heart of DHL’s network in Southeast Asia and South Asia. Leveraging the island-nation’s strategic location, DHL’s current facility is responsible for consolidating and distributing shipments to these regions. It is also a vital springboard to other continents as shipments from Singapore can reachGermany via flights through India while those going to Oceania can connect through Australia. Once the expanded South Asia Hub is completed, DHL will be able to support up to five times more flights in Singapore, further capitalizing on the country’s prime position.

“DHL’s decision to locate its South Asia Hub here will help strengthen Singapore’s position as a leading logistics hub and a practice-leader in automation,” said Mr Lee Eng Keat, Director for Logistics, Singapore Economic Development Board.  “DHL has continually pursued operational excellence and productivity enhancement in itsSingapore operations, and this investment marks yet another significant milestone in the partnership between DHL and Singapore.”

Construction of DHL South Asia Hub is expected to be completed by the first quarter of 2016.

– 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:

About Changi Airport Group

Changi Airport Group (Singapore) Pte Ltd (CAG) ( was formed on 16 June 2009and the corporatisation of Singapore Changi Airport (IATA: SIN, ICAO: WSSS) followed on 1 July 2009. As the company managing Changi Airport, CAG undertakes key functions focusing on airport operations and management, air hub development, commercial activities and airport emergency services. CAG also manages Seletar Airport (IATA: XSP, ICAO: WSSL) and through its subsidiary Changi Airports International, invests in and manages foreign airports.

Changi Airport is the world’s sixth busiest airport for international traffic. It served a record 54.1 million passengers from around the globe in 2014. In terms of airfreight, the airport handled 1.84 million tonnes of cargo during the year.With over 100 airlines providing connectivity to 300 cities worldwide, Changi Airport handles about 6,600 flights every week, or about one every 90 seconds.

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Source: DHL

Written by asiafreshnews

March 6, 2015 at 5:11 pm

Posted in Uncategorized

VPower Begins Delivering Power to Myanmar National Grid

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-Supplying power to Myanmar’s 230 kV transmission grid, VPower’s latest gas-fired interim power plant goes into operation in February and introduces advanced power generation technology from Germany to the country

HONG KONG /PRNewswire/ — VPower’s latest power plant was officially launched at an opening ceremony on site, near the special economic zone of Kyauk Phyu, led by Chief Minister of Rakhine State, U Maung Maung Ohn and other state officials. 

Chief Minister of Rakhine State, U Maung Maung Ohn unveiled VPower 45MW interim power plant at opening ceremony.
Chief Minister of Rakhine State, U Maung Maung Ohn unveiled VPower 45MW interim power plant at opening ceremony.

The interim plant station features 32 gas generator sets of the latest generation made by MTU Onsite Energy and the Build-Own-Operate (BOO) project took just under 4 months to complete – from greenfield to total turnkey power solution.

VPower won the contract to support Myanmar’s existing generating capacity with 45MW of power and signed the power purchase agreement with state owned Myanmar Electric Power Enterprise (MEPE) back in January.

“Bringing immediate power supply to developing regions fast is what VPower does best,” said VPower CEO Rorce Au-Yeung, “and our long term strategic partnership with MTU is key to delivering the kind of total power solutions that Myanmar rapid growth can ride on.”

“The latest generation of MTU Onsite Energy gas generating sets went into this milestone power project,” said Mr.Heinz Bruckmann, Director of MTU Asia Pte Ltd, “this is one of the upcoming collaborations with VPower Group and an important step forward to bring advanced powering technology into Myanmar.”

VPower is the first company to supply, build and operate a gas-fired power plant that connects directly to the country’s 230kV grid. This is also VPower’s first project to install a complete 33kV/230kV transformer and switchgear module in Myanmar. Typical temporary power plants are connected to the 33kV transmission lines instead.

The VPower site crew has been working closely with MEPE to overcome the technical hurdles, including the challenge to deliver one of the heaviest 33/230kV setup power transformer plus equipment, at over 100 tons, to the rural area near Kyauk Phyu.

VPower has been delivering adaptable medium term power solutions to developing areas in the South East Asiaand around the world. This power project marks another milestone investment for the company following the installation of the largest power plant that uses MTU Onsite Energy and Bergen gas gensets from Rolls-Royce, generating a total of 81MW from a single place in Indonesia.

About VPower Group

VPower is one of the leaders in the short to medium term power generation industry and the largest high speed generator-set system integrator & distributor in China. VPower focuses on bringing reliable power solutions fast and cost-effectively to rapidly developing areas in an environmentally sound manner. VPower is headquartered in Hong Kong and employs over 800 employees globally.

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Source: VPower Group
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Written by asiafreshnews

March 6, 2015 at 3:34 pm

Posted in Uncategorized

Ozcruising wins 2014 Online Cruise Agency of the Year

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CANABERRA, Australia /PRNewswire/ — Ozcruising was crowned the Online Agency of the Year at the Cruise Lines International Association Australasia’s 14th annual Cruise Industry Awards on Saturday 28 February.

Australia’s leading online agency took top honours in the inaugural category in front of more than 500 of the industry’s movers and shakers at Sydney’s Star Casino.

“It’s fantastic to be recognised as the online leader in our industry — especially by all the voting cruise line companies,” said Craig Chisholm, Managing Director of Ozcruising Pty., Ltd.

“Our mission is to provide an easy and comprehensive online service so people can book their cruise holidays without picking up the phone. And when we are recognised as the best in such prestigious awards, we know we are getting it right.”

The Cruise Industry Awards are the annual awards of Cruise Lines International Association (CLIA) Australasia. The awards recognise the achievements of organisations and individuals across all facets of the cruise industry, including agencies, consultants, media and promotions.

In 2014, two new categories were added to the awards to reflect the changing nature of the cruise industry: Online Agency of the Year and Mobile Agent of the Year.

“This has been a massive year for Ozcruising. We are seeing a huge growth in the number of visitors to our website and social media sites,” said Mr Chisholm. “Just as with other types of travel, cruisers are tapping into the advantages of researching and booking their cruise holiday online when it suits them.”

Proudly Australian owned and operated, Ozcruising is Australia’s largest online cruise agency. With a one-stop cruising website, Ozcruising makes it easy for people to find the best deals on Australian based cruises on the world’s leading cruise lines.

Simply by visiting, holidaymakers can research a massive variety of cruise styles and destinations. Once they have found their dream cruise, they can book online using the easy-to-use booking portal. Expert consultants are on hand for extra support and advice as needed.

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Source: Ozcruising Pty Ltd

Written by asiafreshnews

March 6, 2015 at 3:30 pm

Posted in Uncategorized