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Archive for March 16th, 2015

CyberSource Invited to Join China’s Anti-Information Fraud Society to Ensure a Safe eCommerce Environment for Chinese Consumers

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-China’s Anti-Information Fraud Society invites CyberSource to join a network of Chinese companies to share fraud management expertise
-China’s Anti-Information Fraud Society aims to strengthen eCommerce fraud management efforts by Chinese companies and organizations, in order to boost overall information security in the country

BEIJING and SHENZHEN, China /PRNewswire/ — CyberSource, a Visa Inc. company (NYSE: V), and one of the world’s largest providers of eCommerce payment management services, joins China’s Anti-Information Fraud Society (AIFS), the country’s first anti-online fraud union, co-founded by Tencent Inc. and law enforcement agencies in China. CyberSource will be able to share its expertise to create better awareness in the eCommerce market of fraud management and related topics, as well as potential solutions. This will be done in close collaboration with the other AIFS members in a collective effort to build a safer online payment environment.

China’s eCommerce market is expected to grow from US$390 billion in 2014 to US$718 billion in 2017[1]. With eCommerce booming, online fraud is expected to grow as well.

“As online shopping in China becomes more prevalent, there is plenty of personal information available online now. Chinese consumers are becoming more sophisticated, so an online community which safeguards personal information is fundamental to driving and sustaining eCommerce,” said Thomas P. Chen, Deputy General Manager of the Mobile Internet Market Department, Tencent. “Building a credible network to share knowledge and best practices helps enhance the industry’s focus on promoting a secure environment for eCommerce users.  Hence, we see the need to equip all relevant parties with the necessary Internet security knowledge pertinent to our cause. By leveraging CyberSource’s fraud management expertise in this alliance, we strongly believe we can elevate fraud management efforts more effectively across China to protect both consumers and merchants.”

Since it was founded in 2013, AIFS now counts nearly 100 companies and organizations as members, including security firms, dot-coms, banks, media companies and industry regulators. With more than 600 million Internet users in China[2], AIFS works closely with law enforcement agencies to manage online fraud, cybersecurity of mobile payments, as well as malware programs in the country. Since its establishment, AIFS has helped prevent a loss of US$43.4 million from online fraud[3]. It has also advised telecommunications carriers to block 5,100 suspicious phone numbers and 1,390 unsafe websites[4].

“Efforts to address eCommerce fraud in any market are more effective when done collectively. As the world’s largest eCommerce market and with the increasingly global reach of its eCommerce players, it is crucial that key stakeholders in China collaborate by exchanging knowledge, expertise and experience, while being supported by an established infrastructure.  We are honored to be a part of the Anti-Information Fraud Society to share our fraud management expertise, and help to continue to build trust in online payments,” said Poon Khye Wei, Regional Director, Greater China and Korea, CyberSource.



A.T. Kearney, China’s E-Commerce Market in 2014: The Logistics Challenges, November 2014


Internet Live Stats, China Internet Users


Shanghai Daily, Anti-fraud unit foils US$43m losses, December 27, 2014


Shanghai Daily, Anti-fraud unit foils US$43m losses, December 27, 2014

About CyberSource

CyberSource, a wholly-owned subsidiary of Visa Inc., is a payment management company. Over 400,000 businesses worldwide use CyberSource and Authorize.Net brand solutions to process online payments, streamline fraud management, and simplify payment security. The company is headquartered in Foster City, California and maintains offices throughout the world, with regional headquarters in Singapore, Tokyo, Miami /Sao Paulo and Reading, U.K. CyberSource operates in Europe under agreement with Visa Europe. For more information, please visit

About Tencent

Tencent uses technology to enrich the lives of Internet users. Every day, hundreds of millions of people communicate, share experiences, consume information and seek entertainment through our integrated platforms. Tencent’s diversified services include QQ and Weixin/WeChat for communications; Qzone for social networking; QQ Game Platform for online games; and Tencent News for information, and Tencent Video for premium video content. Tencent was founded in Shenzhen in 1998 and went public on the Main Board of the Hong Kong Stock Exchange in 2004. The Company is one of the 50 constituent stocks of the Hang Seng Index. Tencentseeks to evolve with the Internet by investing in innovation, providing a hospitable environment for partners, and staying close to users. For more information, please visit

About Anti-Information Fraud Society (AIFS)

Anti-Information Fraud Society (AIFS) is the first anti-online fraud union, co-founded by Tencent Inc. and other agencies, that strives to protect the vital interests of the country’s population against fraud.  Since it was established in December 26, 2013, it has grown from a dozen volunteers to hundreds of coalition units in its dedication to combat fraud. Some of its more notable member organizations include Jinshan, Sogou, Jingdong Group, SF Express and Shanghai Pudong Development Bank. AIFS also acts as a communication platform for members to exchange and share knowledge on a multitude of fraud and fraudulent acts. Visit for more information.

Felicia Ang
Ying Communications

Source: CyberSource

Related stocks: NYSE:V

Written by asiafreshnews

March 16, 2015 at 5:17 pm

Posted in Uncategorized

RS Components Makes It Quicker and Easier to Find Products and Place Orders Online with Latest Website Upgrades

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-Online improvements significantly enhance customer experience

HONG KONG /PRNewswire/ — RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has made a number of important enhancements to its website to make the customer purchasing journey quicker and simpler. The upgrades, which include a redesign of the website header, facets of search and product pages, are all based on customer feedback to make it easier to find products and place orders. By helping to increase the conversion of visitors to the website, the changes are expected to drive the Group’s online sales and help it on its way to achieving medium-term target of 70% of its business to be transacted online.

A significant improvement to the RS website is the new header design, which makes it easier for customers to use the site, such as finding products, viewing new products or customer account information, as well as find the site through search engines such as Google. Another key enhancement is the redesign of product pages across the site. Larger product images, clearer pricing and stock availability, easier access to datasheets and product details, whilst providing a more intuitive filtering of search results by product attributes all combine to make it quicker and easier to find the right products and see the relevant product and pricing information to make a purchase.

Further upgrades to the website include: boosting the most popular product categories to the top of search results; the ability to create parts lists for future reference or sharing; and the ability to remember customers’ details so that they can check out more efficiently with saved defaults and preferences and not have to repeatedly log in when revisiting the site.

Keith Reville, Global Marketing Director at Electrocomponents, said: “Improving our customers’ online experience is fundamental to our eCommerce strategy and our goal to build a GBP1bn eCommerce business at the heart of the company, and these latest enhancements are another step to achieving this. We continually listen to what our customers tell us to make it easier for them to do business with us and to ensure we provide the best online experience in our sector.”

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 2014had 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:

Twitter: @RSComponents; @alliedelec; @designsparkRS

RS Components on Linkedin

RS Components on Weibo

Relevant Links:

Electrocomponents plc

RS Components


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Source: RS Components Singapore

Related stocks: LSE:ECM OTC-PINK:EENEY

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March 16, 2015 at 5:02 pm

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PetroSaudi International States Position on Former Investment Partnership with Malaysia

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RIYADH, Saudi Arabia, March 13, 2015 /PRNewswire/ — The Saudi-based oil exploration and services company PetroSaudi has today dismissed as inaccurate online criticisms of its former joint venture with the Malaysian strategic development company, 1MDB.

A spokesperson for PetroSaudi said: “Any suggestions of wrongdoing in the online allegations about the partnership are simply false. All the capital invested by 1MDB has been returned – with profits.”

“In fact the joint venture, which ended in 2012, was a ‘win-win’ for Malaysia and PetroSaudi. The information relating to the joint venture is publicly available in the audited accounts of 1MDB at the Malaysia Companies Commission. Unfair or false attacks on investors and partners of Malaysia only serve to damage the country.

“PetroSaudi is committed to delivering successful projects in the petroleum sector globally, working with our partners to international standards of corporate governance and due diligence. We will not be deterred by inaccurate or malicious stories that have circulated online.

“Some of those reports appear to be based on selective and distorted extracts of copies of internal company emails and documents, the originals of which we believe to have been obtained unlawfully and in some cases altered. We are actively considering our legal options.”

Note to editors

1. PetroSaudi International (PSI) is a global oil exploration and services company, operating in Latin America,Asia and Africa. PSI is managed by a team of senior executives with extensive oil & gas experience, proven execution capabilities and a strong operational focus. The Company is headquartered in Al-Khobar, Saudi Arabiaand has offices in London, Geneva, Houston, Jakarta, Carupano and Caracas.

Written by asiafreshnews

March 16, 2015 at 3:36 pm

Posted in Uncategorized


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SINGAPORE, March 13, 2015 /PRNewswire/ — U.S. Ambassador to Singapore Kirk Wagar has reiterated America’s and American business’ engagement in Asia through increased economic cooperation, helping the region reach its economic goals, create jobs, develop infrastructure and enable new domestic enterprises.

Speaking at the 2015 APCAC Business Summit, an annual meeting of American chambers of commerce across Asia-Pacific, hosted this year by the American Chamber of Commerce in Singapore (AmCham), Ambassador Wagar addressed continued U.S. interest in Asia, supporting the region’s growth through expanded trade engagement and increased U.S.-Asian business partnerships.

“The expanded trade engagement and our enhanced military cooperation with allies and strategic partners in the region underscore the U.S. government’s commitment to building a bright future in this region on all fronts — economic, cultural, political, and security.

“In Southeast Asia, projections for rapid urbanization and a swelling middle class means there will be significant infrastructure needs as well as increased demand for consumer goods. U.S. companies are optimistic. And, through your tradition of clean business practices, inclusive hiring, and prioritization of corporate social responsibility, I know you will ensure that brand USA is associated with mutual benefit,” said Ambassador Wagar, in his keynote address at the Summit this morning.

Minister Lim Hng Kiang, Ministry for Trade and Industry, Singapore, who also delivered his keynote address this morning, emphasized the importance of the U.S. relationship with countries like Singapore. “The U.S. and Singapore enjoy a long partnership and American companies have made significant contribution to Singapore’s economic development. The evidence of our strong economic relationship is all around us. Today, the U.S. is our largest foreign direct investor with investment stock worth US$154 billion. There are over 3,660 American companies present in Singapore; some of whom have grown with us, while others are just starting out,” Minister Lim said.

Held at the Marina Bay Sands Expo and Convention Centre, this year’s summit of the Asia-Pacific Council of American Chambers of Commerce (APCAC) was attended by more than 450 private-sector executives, diplomats and government leaders from the region. APCAC represents over 15,000 companies in the region, employs over 10 million people, manages annual trade volumes in excess of US$400 billion, and contributes direct investments of over US$300 billion.

For media enquires please contact:
Edelman Singapore on behalf of American Chamber of Commerce, Singapore
James Cook –
Nitha Sri –
Source: The American Chamber of Commerce in Singapore

Written by asiafreshnews

March 16, 2015 at 3:07 pm

Posted in Uncategorized

President Jokowi Opens Indonesia’s Flagship Furniture Exhibition, IFEX

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HONG KONG, March 13, 2015 /PRNewswire/ — Indonesia’s largest ever furniture tradeshow, the Indonesia International Furniture Expo, IFEX 2015, opened yesterday at the Jakarta International Expo fairground. The exhibition completely fills all halls of the fairground as well as several large temporary halls that have been built to accommodate demand to participate from exhibitors.
President of Republic of Indonesia, Mr. Joko Widodo, speaking with Mr. Sonoeto, Chairman of Indonesia Furniture Association, AMKRI, at Indonesia Furniture Expo 2015, IFEX 2015
President of Republic of Indonesia, Mr. Joko Widodo, speaking with Mr. Sonoeto, Chairman of Indonesia Furniture Association, AMKRI, at Indonesia Furniture Expo 2015, IFEX 2015

The exhibition was opened by the President of the Republic of Indonesia, Mr. Joko Widodo, reflecting the importance of the furniture industry and furniture exports to the Indonesian economy. It is particularly fitting that Jokowi, as the President is popularly called, should open the fair as his background is in the furniture business.

Speaking at the Opening Ceremony of IFEX 2015, President Jokowi said, “I encourage the industry and government to work together to achieve the national goal of US$5 billion of furniture exports within the next four years.”

More than 470 companies are exhibiting at the four-day exhibition with a wide range of contemporary and traditional furniture and home furnishing products. The focus is on wooden furniture and rattan furniture products, with the majority of exhibitors from Indonesia. There are also several exhibiting companies from overseas, notably from Taiwan, Malaysia and mainland China. A total of 8,000 trade buyers are expected to attend the exhibition, with a large number coming from overseas.

IFEX is organised by PT Dyandra UBM International, a joint venture between Dyandra, Indonesia’s leading exhibition organiser, and UBM Asia, the largest commercial organiser of tradeshows in Asia. The exhibition is hosted by the Indonesia Furniture Association, AMKRI.

Mr. Ernst K. Remboen, President Director of PT Dyandra UBM International, commented, “the furniture industry in Indonesia is enjoying very robust growth on the back of strong exports and surging domestic demand. The nation has abundant supplies of sustainable raw materials such as wood, rattan, bamboo and natural textiles, as well as a highly skilled labour force and extensive manufacturing capacity. The size of IFEX is expanding each year, and I expect that it will soon become one of the key events in the global calendar of furniture exhibitions.”

Mr. Christopher Eve, Director of PT Dyandra UBM International, added, “IFEX is a highly focused business-to-business exhibition, where high quality manufacturers showcase their latest products lines to the international buyer community. In addition to supplying high quality and competitive products for the mass market, Indonesia’s great strength is in offering individualistic, handcrafted furniture using natural materials such as hardwood and rattan and traditional designs. It is not just the traditional furniture, but also the mass produced furniture products offered by Indonesian producers are of excellent quality. This is where I think Indonesia excels.”

Mr. Remboen agreed, adding that unlike other countries, Indonesia is different because the country has all the raw materials and master craftsmanship in one place. “This enables Indonesia to offer high quality products at highly competitive prices, something that countries such as Singapore or Malaysia cannot compete with,” he said.

With regard to the expected value of transactions at this year’s fair, Mr. Abdul Sobur, Secretary General of AMKRI, commented, “around US$200 million of on-the-spot transactions were reported at the 2014 event. With a higher number of exhibitors and an increase in confirmed prospective international buyers attending, I am confident that we will see an even higher value of on-the-spot transaction this year.”

For press enquiries, please contact:
Jennifer Law, Director of Corporate Marketing & Communications
UBM Asia
Tel: +852-2516-1691
Fax: +852-3749-7342

Christy Chan, Corporate Marketing & Communications Executive
UBM Asia
Tel: +852-2516-1679
Fax: +852-3749-7342

Notes to Editors

1. About UBM Asia (

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organiser in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 30 offices and 1,300 staff.

With a track record spanning over 30 years, UBM Asia operates in 20 market sectors with 230 dynamic face-to-face exhibitions and high-level professional conferences, 23 targeted trade publications, 20 round-the-clock online products for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Guzhen and Shenzhen, where we organise 90 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 40 events in this region. UBM India teams in Mumbai, New Delhi, Bengaluru and Chennai organise 40 exhibitions and conferences every year across the country.

2. About UBM plc (

UBM plc is a leading global events-led marketing services and communications company. We help businesses do business, bringing the world’s buyers and sellers together at events, online and in print. Our 5,000 staff in more than 20 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to; for UBM corporate news, follow us on Twitter at @UBM_plc and go to for more UBM social media options.

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Source: UBM Asia

Written by asiafreshnews

March 16, 2015 at 2:52 pm

Posted in Uncategorized

“Asia Hotel Art Fair Hong Kong 2015” – Walk Along the “Beyond The Space” Public Art Trail at Harbour City

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-An Appreciation of the Best Contemporary Artworks at the Marco Polo Hong Kong Hoteland Walk Along the “Beyond The Space” Public Art Trail at Harbour City

HONG KONG, March 13, 2015 /PRNewswire/ — As the largest and most diverse shopping mall in Hong Kong, Harbour City has always embraced a mantra of “Bring Art into Life” by exhibiting eclectic artwork and styles from around the world for the public to see. Harbour City continues onwards from last year’s success to collaborate with Asia Hotel Art Fair Committee and Marco Polo Hong Kong Hotel and jointly organize the 6th AHAF Hong Kong 2015. The showcase will feature over 5,000 pieces of the best contemporary Asian artworks from more than 70 regional galleries.
Various mega art installations from around the world will be displayed in “Beyond the Space” Public Art Exhibition at Harbour City
Various mega art installations from around the world will be displayed in “Beyond the Space” Public Art Exhibition at Harbour City

The 6th AHAF Hong Kong 2015 will feature over 5,000 pieces of contemporary Asian artworks from more than 70 regional galleries.
The 6th AHAF Hong Kong 2015 will feature over 5,000 pieces of contemporary Asian artworks from more than 70 regional galleries.

Art-themed window display and menu of Lane Crawford and French fine dining restaurant EPURE
Art-themed window display and menu of Lane Crawford and French fine dining restaurant EPURE

More photos of AHAF 2015 can be downloaded here:

AHAF Hong Kong 2015 will again expand the scale and extend the fair within Harbour City’s shopping mall and public space by hosting the “Beyond the Space” Art Exhibition at different locations throughout Harbour City. Japanese artist Yuki Matsueda — who gained a reputation for his surreal 3-dimensional artworks — will exhibit his largest art piece ever, The King’s Vacation, at the Ocean Terminal Forecourt of Harbour City. Meanwhile, Harbour City’s “Gallery by the Harbour” will exhibit the hand-drawn drafts and photos of “wrapping” public buildings, bridges and even coastlines created by internationally-acclaimed “Land Art” artists Christo and his wife, Jeanne-Claude. Atrium I and II of Gateway Arcade will also exhibit contemporary sculptures from Korean artists, BYUN Kyung-soo and KIM Byung-jin.

Moreover, Harbour City invites children to participate in the “Exchange Smile!” charity campaign and submit their smiling face paintings from now till 22nd March, 2015. Harbour City will donate a new box of coloured pencils to “The Salvation Army” for each work collected. All coloured pencils will be given to children in need. Collected works may also be displayed at “Little Art Castle” at Ocean Terminal of Harbour City in March.

Harbour City also partners with several fashion brands including 3.1 Phillip Lim, ANTEPRIMA WIREBAG, ATSURO TAYAMA, Furla, Lane Crawford, PENNYBLACK & Paul Smith to organize the “Fashion Hearts Art” campaign. Boutiques will feature artistic in-store arrangements in the format of window displays, pop-up exhibitions and installations. During the weekend of 14-15 Mar, special offers will be also available to delight shoppers in designated stores. On the other hand, EPURE, a French fine dining restaurant in Harbour City has created a special art menu on 11 – 29 March. Let’s enjoy the delicious food and taste the art!





AHAF “Beyond the Space” Public Art Exhibition

Ocean Terminal Forecourt, Gallery by the Harbour, Atrium I & II of Gateway Arcade @ Harbour City

11 Mar to 29 Mar 2015


Asia Hotel Art Fair Hong Kong 2015

7th to 8th Floor, Marco Polo Hongkong Hotel

14 Mar to 16 Mar 2015


“Little Art Castle”

Atrium & Corridor, Ground Floor, Ocean Terminal @ Harbour City

From now till 29 Mar 2015


“Fashion Hearts Art” Campaign

Designated boutiques in Harbour City

13 Mar to 29 Mar 2015


“Taste the ART” Menu

EPURE (Shop 403, Level 4, Ocean Centre, Harbour City)Tel: 3185 8338

11 Mar to 29 Mar 2015


(5 Courses)

“Beyond the Space” Public Art Exhibition at Harbour City

AHAF Hong Kong 2015 will further extend the popular exhibition and launch the “Beyond the Space” Public Art Exhibition at Harbour City. To bring art closer to the public, mega art installations, sculpture works, paintings and photographs by artists from around the world will be displayed at different locations around the mall.

a) The King’s Vacation by Yuki Matsueda @ Ocean Terminal Forecourt

After graduating with a PhD in Design from the Tokyo University of the Arts, Japanese artist Yuki Matsueda has gained a global reputation for his 3D artworks and “escaping” graphics. The artist has been known for capturing the incredible moments when ordinary objects escape from their graphics which result in some lively 3D works.
Matsueda made sure to go big for his first ever outdoor exhibition as he created his largest art piece ever, The King’s Vacation. The art piece comprises of four giant light box sculptures in the shape of playing cards (2m x 1.45m x 0.6m, H x L x W). The works are made using acrylic to freeze the kings as they leap from the center of the card. Trapped in the card, the kings try desperately to escape from the frame. Eight chairs in the shapes of spades, hearts, clubs and diamonds will be placed around the card to let the public engage in this interesting and fun body of work.

b) Memory Scape by Christo and Jeanne-Claude @ Gallery by the Harbour

The Memory Scape art exhibition at “Gallery by the Harbour” will showcase the legendary works of internationally-acclaimed “Land Art” artists Christo and his wife, Jeanne-Claude. The duo are widely known for their life-long commitment to public art. Their most famous and unique “Land Art” creations feature wrapped public buildings, bridges and even coastlines to create new ways of seeing familiar landscapes.

Christo and Jeanne-Claude began their collaborative art careers in Paris in the late 1950s and spent many years creating highly celebrated works of art across the globe, including Running Fence (California, 1976), Surrounded Islands (Florida, 1983), The Umbrellas (Japan, 1984 – 1991) and Wrapped Reichstag (Berlin, 1971 – 1994). Gallery by the Harbour will showcase the legendary works of Christo and Jeanne-Claude including precious hand-drawn drafts and photos, bringing you into the memory scape of the couple’s artistic life.

c) Lovely by Kim Byung-jin @ Atrium II, Gateway Arcade

Korean artist Kim Byung-jin graduated from Suwon University with a Master’s degree in Sculpture. Combining familiar worlds, his unique sculptures are a reflection of the effect of language as a cultural phenomenon in society. The word “love,” for example, which features in this set of exhibits, is the artist’s way of displaying the concept of love as it becomes a cultural and commercial trend. His colourful work for this exhibition, titled Lovely, is composed of a pair of black (H 2.5m) and white ducks (H 1.55m) as well as a red apple (H 1.4m).

d) The Bitter Sweet Life by Byun Kyung-soo @ Atrium I, Gateway Arcade

Korean artist BYUN Kyung-soo obtained a Master’s degree in sculpture from the Slade School of Art in London and the Seoul National University respectively. With the notion that people have been alienated thanks in part to communication through the internet, he created the series, The Bitter Sweet Life. Several sculptures were made of fiberglass, in similar looks but different colours. The artist wishes to express that although the distance between people may often seem very far, we can bring each other closer through communication. As his sculptures are hard to distinguish without any facial expressions, you may still recognize them by their unique gestures if taking a closer look and understanding the concept from a more profound perspective.

Little Art Castle @ Harbour City

A little art castle and color pencil trains will be displayed at G/F, Ocean Terminal of Harbour City. Shoppers can also be the Little King & Queen taking photos with the cute soldiers. Artworks collected from “Exchange Smile” charity program will also be displayed on the castle walls and trains. Within a specified period on weekends, public can take the opportunity to exchange art through draw creatively from your imagination on cardboard and display it on the castle wall!

Harbour City Enquiry Hotline: (852) 2118 8666

Facebook : @harbourcity #harbourcity #hcart
Twitter: @hkharbourcity #harbourcity
Instagram: @harbourcity #harbourcity #hcart

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Source: Harbour City

Written by asiafreshnews

March 16, 2015 at 2:37 pm

Posted in Uncategorized

The 12th MIHAS Congregates Premier Halal Industry Players at the World Halal Summit

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KUALA LUMPUR, Malaysia, March 12, 2015 /PRNewswire/ — With an impressive track-record of over a decade in organising world-class Halal expos and conferences, Malaysia continues to assume its role as the regional and global leader in promoting Halal products and services. This year, the Malaysian government continues to place the country on the global Halal map as a viable and attractive trade and investment destination through its inaugural World Halal Summit (WHS). The event will be held from 30th March to 4th April 2015 at the Kuala Lumpur Convention Centre (KLCC), Malaysia.
MIHAS, the world’s largest Halal trade fair, showcases over 600 booths of Halal products and services from more than 30 countries every year
MIHAS, the world’s largest Halal trade fair, showcases over 600 booths of Halal products and services from more than 30 countries every year

WHS will feature a trade fair and six subject-focused forums hosted by the Ministry of International Trade and Industry Malaysia (MITI). The event is jointly organised by the Malaysia External Trade Development Corporation (MATRADE), Department of Islamic Development Malaysia (JAKIM) and Halal Industry Development Corporation (HDC). Co-organised and managed by Shapers Malaysia Sdn Bhd, several educational institutions such as the International Islamic University of Malaysia (IIUM) and Universiti Teknologi MARA (UiTM) will also join forces as the event’s strategic partners.

WHS will showcase the largest, world-renowned integrated Halal trade fair called Malaysia International Halal Showcase (MIHAS). As the star component of the World Halal Summit, MIHAS, in its 12th edition, has evolved from being a mere platform to create awareness on Halal products and services to being an avenue that emphasises on business transactions between the local and international Halal industry’s stakeholders.

Since its inception in 2004, MIHAS have become the go-to Halal expo having congregated approximately 170,000 visitors from 70 nations, 4,000 companies from 48 countries, and generated more than USD3 billion in sales over the past 11 years. MIHAS’ stature has earned the brand its image as an ideal stage for the Halal industry to showcase good quality products and services as well as a place for new networking prospects and business partnerships among businesses around the world.

According to Datuk Dr. Wong Lai Sum, Chief Executive Officer of MATRADE, “MIHAS offers local and international businesses an avenue to reach out to the right target audience to market their Halal products and services.”

A total of 640 booths are allocated for exhibitors and thus far enterprises from Belgium, mainland China, France, Japan, Netherlands, Poland, Singapore, South Africa, South Korea, Taiwan, Thailand, USA, Bangladesh, Indonesia, Iran, Morocco, Palestine, Saudi Arabia, Tunisia and Turkey have pledged their participation in the event.

“Last year, MIHAS has generated a total sale of USD291.4 million. Sales from the exhibition alone were recorded at USD147.5 million, and USD143.9 million were from the business matching. In line with the increasing interest in the global Islamic economy sectors, we expect the sales record from MIHAS 2015 to increase tremendously this year,” Datuk Dr. Wong Lai Sum mentioned.

In addition to MIHAS, the six forums to be organised include the 8th World Halal Conference (WHC), the 6th JAKIM International Halal Certification Bodies Convention, the Certifiers Forum, Scholars Forum, Academics Forum and the Business Forum. For more info, log on to

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March 16, 2015 at 1:51 pm

Posted in Uncategorized

Puma Energy Announces Acquisition of Murco Oil’s UK Sites

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— Puma Energy Enters UK Market

SINGAPORE, March 14, 2015 /PRNewswire/ — Puma Energy, the globally integrated midstream and downstream energy company, has today announced the acquisition of a series of UK assets from Murco Petroleum Limited, a subsidiary of Murphy Oil Corporation (NYSE: MUR).

The acquisition includes the Milford Haven facility in Wales, UK and three inland terminals at Westerleigh, Thealeand Bedworth, as well as Murco’s wholesale and distribution business in the UK. This in total adds approximately 1.4Mm3 of storage capacity to Puma Energy’s midstream operations of 5.6Mm3.

Under the terms of the agreement, which represents Puma Energy’s first acquisition in the United Kingdom, the Company will acquire the assets and convert the site into a state-of-the-art storage facility. Puma Energy is also delighted to be welcoming all the terminal and distribution employees.

As one of the world’s largest independent, integrated midstream and downstream companies, Puma Energy will apply its extensive experience in fuel storage at the facility – the result of which will make Milford Haven a key site securing the supply of energy to the UK and wider region during a period of change in European energy infrastructure.

The acquisition will complement Puma Energy’s existing global strategy of disciplined investing. It also signifies a significant strategic entry into the UK market for the supply of the full range of fuel products giving Puma Energy an immediate presence in the UK wholesale and distribution market.

Milford Haven will provide another opportunity for Puma Energy to demonstrate its ability to operate to the highest of internationally-recognised environmental standards. The Company is experienced in working alongside various environmental agencies across its geographic footprint of 45 countries. This includes a commendation by the US Environmental Protection Agency in Puerto Rico for its work at its Bayamon terminal and for globally constructing five state-of-the-art terminals in 2014.

Pierre Eladari, CEO for Puma Energy said “Puma Energy continues our focused strategy of connecting supply from international markets to local distribution demand.”

Source: Puma Energy

Related stocks: NYSE:MUR

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March 16, 2015 at 12:14 pm

Posted in Uncategorized

Thousands Report Economic Pressures Impacting a Good Night’s Sleep, Philips 10-country Survey Reveals

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-Stress about work and finances ranked higher than technology as sleep disrupter in 8,000-person survey; More than 80 percent of respondents see opportunity to improve sleep

PRNewswire/ — Royal Philips (NYSE: PHG, AEX: PHIA) today released “Sleep: A Global Perspective,” the first in a series of reports highlighting sleep trends and habits collected from a survey of nearly 8,000 people across 10 countries. Released in support of the World Association of Sleep Medicine’s annual World Sleep Day, the report revealed that worry about work, finances and the economy was the leading factor impacting sleep. In addition, while sleep is recognized globally as important to health and well-being, most people are not taking any steps to improve it.

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“Over the past few years, many surveys have focused on the negative impact that technology and mobile devices can have on sleep, but our report confirmed that the global factors impacting people’s sleep are much more varied and complex,” said Dr. Teofilo Lee-Chiong, M.D., Chief Medical Liaison, Philips. “And, while it’s refreshing to see people around the world equally valuing sleep as critical to their overall health, there’s clearly more that people can be doing to ensure they’re on a path to a better night’s sleep.”

People want more sleep, but don’t know how to get it

Of the 7,817 people surveyed in the United States, Brazil, the UK, France, the Netherlands, Germany, China, Japan, South Korea, and Australia, 96 percent said sleep is valuable to them. At the same time, 57 percent of respondents admitted that while their sleep could be better, they haven’t taken action to improve it. And, only 17 percent consistently sleep through the night, with 22 percent of respondents noting they wake up before they would like five to seven nights a week.

In addition, six percent of respondents reported having obstructive sleep apnea (OSA). This is consistent with other reports indicating that more than 100 million people globally suffer from this disorder. Because an estimated 80 percent of patients with OSA remain undiagnosed, a substantial number of people may benefit from proper screening, diagnosis and treatment of sleep apnea.

The economy’s impact on sleep

Among a list of 12 different factors influencing overall health and well-being — including family, work, school, social life and intimacy with a partner — sleep ranked the highest, at 87 percent. But right behind it at 84 percent was money/financial security. Additionally, among a list of 13 factors keeping people up at night, respondents selected work (25%) and financial/economic issues (28%) as their most common sleep disruptors. While 67 percent of people around the world sleep with a mobile phone within reach, only 21 percent said technology was a sleep disruptor.

“Our report indicates how psychological factors can impact sleep, and how those factors can change depending on the times in which we live,” said Dr. Mark Aloia, Senior Director of Global Clinical Research, Philips. “Combating stress is critical to a good night’s sleep, but the toughest part for people is often just getting motivated to make changes. These data further demonstrate that sleep needs to be viewed and treated holistically, with both technology and lifestyle solutions that work together to promote better health.”

Of the countries most worried about work, South Korea (43%), Brazil (33%) and China (32%) ranked the highest. Of those most worried about economic/financial issues, Brazil (39%), Germany (31%) and the U.S. (31%) topped the list. Download the full “Sleep: A Global Perspective” report and supporting infographics at

Philips issues global challenge to improve sleep

The first step to better rest is investigating your risk of an underlying sleep disorder. A significant percentage of the global population is estimated to suffer from disrupted sleep, and sleep apnea is one of the most common of sleep disorders that is often undiagnosed. Find out if you may be at risk by taking the sleep apnea symptoms quiz.

In addition to addressing potential sleep disorders, it is important to embrace behaviors that can improve your sleep. Life’s stressors can keep anyone up at night, but small changes can offset stress triggers and prepare your body for the rest it needs. Throughout the week leading up to World Sleep Day, March 9-13, Philips issued a global five-day #BeWellSleepWell challenge to empower people to take back control of their sleep and overall health. Philips encouraged people to make one small lifestyle change each day for five days to improve their sleep and well-being.

See how your sleep compares to those around the world and learn tips for getting better rest by following the #BeWellSleepWell conversation on Twitter: @PhilipsHealth and @PhilipsResp, and Facebook: Philips Health and Philips Respironics.

Source: Royal Philips

Written by asiafreshnews

March 16, 2015 at 12:05 pm

Posted in Healthcare

Law Firm Gurol Law Firm Announces Lawsuit Against Land Rover Set for 17 September in Turkey

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March 13, 2015 /PRNewswire/ —

Law firm Gurol Law Firm, acting on behalf of their client Engin Yakut, a Turkish lawyer and businessman, have announced today that a trial against Land Rover has been set for 17 September 2015 in Istanbul.

The Turkish courts have sent this legal notification to the Turkish Foreign Ministry, which in turn has notified its embassy in London as Land Rover is a UK-based company.

Engin Yakut is being represented by the lawyer Candas Gurol of Gurol Law Firm. In addition to lodging his complaint with the courts, he has also taken his case to the European Union, the European Commission, the Directive of Consumer Rights of the European Commission, and the European Organisation for Quality.

If Engin Yakut wins this case, he will have the right to file a “recognition and enforcement” lawsuit for recalling all the engines worldwide.

Engin Yakut has been campaigning for a trial since February 2012 and a date has finally been set for 17 September in Istanbul.

Source: Gurol Law Firm

Written by asiafreshnews

March 16, 2015 at 10:39 am