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Archive for April 2nd, 2015

Smart Bulbs Lining up to March into the Smart Home says Strategy Analytics

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— 200 Million Smart Bulbs by 2020 in Smart Homes Worldwide will be a Catalyst for Mass Market Adoption of Other Smart Devices

BOSTON, April 1, 2015 /PRNewswire/ — Philips kicked off the smart bulb market nearly three years ago with its pricey Hue bulb, but at this year’s CES a horde of new entrants emerged. The transition from incandescent to more energy efficient bulbs is an opening through which smart bulbs – LED bulbs with wireless radios built in, which can be controlled remotely – are gaining a foothold according to Strategy Analytics’ Smart Home Strategies latest report. Belkin, GE and Philips are joined by Awox, Cree, LIFX, Sengled and a host of others are profiled in “Smart Light Bulbs: The Competitive Landscape”.


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Click here for a copy of the report:

Key findings from the report:

  • The smart bulb market is a fragmented “Wild West” with a variety of technologies and control protocols being implemented.
  • Multi-function Smart Bulbs – those with Wi-Fi repeaters, speakers and cameras will change consumers’ perceptions of “light bulbs”.
  • Interoperability is key – consumers don’t want to have to worry if a bulb they purchase will work with other bulbs they have or will purchase. The industry must address this issue directly and immediately.
  • Lower prices ($15/bulb ) will help develop the mass market; nevertheless these bulbs are competing with incandescent bulbs priced less than $1.00.
  • As bulb manufacturers compete for market share, it is important that they have the right technology partners in order to broaden their appeal – GE, LIFX and Philips are examples of vendors that are growing their ecosystems to increase their market clout.

Quote: Bill Ablondi, Director, Smart Home Strategies said: “Smart bulbs have the potential of becoming a ‘Trojan Horse’ for introducing smart devices into homes due to their ease of installation and networking capabilities; in addition, multi-function bulbs with cameras, speakers or Wi-Fi repeaters will alter the way consumers think about what can go into light sockets.”

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success.

US Contact: Bill Ablondi, +1 617 614 0700,

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April 2, 2015 at 6:16 pm

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SunEdison and TerraForm Power Interconnect Four Solar Farms in North Carolina Totaling 26 Megawatts

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— TerraForm Power to sell energy to Duke Energy Progress under 15-year PPAs

BELMONT, Calif. and BETHESDA, Md., April 1, 2015 /PRNewswire/ — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, and TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants, today announced the interconnection of four photovoltaic solar energy plants in North Carolina with a total capacity of 26 megawatts DC. TerraForm will sell the electricity generated by the solar power plants to Duke Energy Progress via 15-year Power Purchase Agreements.

“It’s very exciting to turn land that is no longer viable for farming into productive solar farms that will create low-cost, environmentally friendly energy for the residents of North Carolina,” said Ahmad Chatila, President and Chief Executive Officer at SunEdison. “And by using a local workforce to construct the projects, we’ve been able to bolster the local economy.”

“TerraForm is pleased to work with Duke Energy Progress to provide affordable, clean energy to the residents ofNorth Carolina,” said Carlos Domenech, President and Chief Executive Officer of TerraForm. “Partnerships with forward-thinking utilities like Duke Energy Progress are an important growth avenue for TerraForm, and we will continue to create high-return projects in this segment that benefit our shareholders and the communities those projects serve.”

SunEdison secured the financing for the systems with federal and state tax equity investors. Operation and maintenance of the solar power plants will be performed by SunEdison Services, which provides global 24/7 asset management, monitoring and reporting services.

About SunEdison

SunEdison is a global leader in transforming how energy is generated, distributed and owned. SunEdison manufactures solar technology and develops, finances, installs and operates distributed solar power plants, delivering predictably priced electricity and services to its residential, commercial, government and utility customers. SunEdison also provides 24/7 asset management, monitoring and reporting services for hundreds of solar systems worldwide via the company’s Renewable Operation Center (ROC). SunEdison has offices in North America, Europe, Latin America, Africa and Asia. SunEdison’s common stock is listed on the New York Stock Exchange under the symbol “SUNE.” To learn more visit

About TerraForm Power

TerraForm Power is a renewable energy leader that is changing how energy is generated, distributed and owned. TerraForm Power creates value for its investors by owning and operating clean energy power plants. For more information about TerraForm Power, please visit:

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including TerraForm will sell the electricity and capacity generated by the systems to Duke Energy Progress via 15-year Qualified Facility Power Purchase Agreements and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “intend,” “project,” “target,” “plan,” “believe” and similar terms and expressions. Forward-looking statements are based on current expectations and assumptions. Although TerraForm and SunEdison believe that their expectations and assumptions are reasonable, they can give no assurance that these expectations and assumptions will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include, among others: the failure of counterparties to fulfill their obligations under offtake agreements; price fluctuations, termination provisions and buyout provisions in offtake agreements; and the other risks and uncertainties included in TerraForm  and SunEdison’s filings with the Securities and Exchange Commission TerraForm and SunEdison undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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April 2, 2015 at 6:07 pm

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Philips and Mount Sinai Health System collaborate to advance clinical research through new digital pathology database and analytics

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EINDHOVEN, The Netherlands and NEW YORK, March 24, 2015 /PRNewswire/ — Royal Philips (NYSE: PHG, AEX: PHIA) today announced a joint development agreement with the Mount Sinai Health System, an integrated health system in New York, to create a state-of-the-art digital image repository of patient tissue samples and innovative data analytics to pursue the discovery of new tissue-based tests and unlock pathology data. The collaboration aims to advance clinical research and ultimately enable better care for complex diseases, including cancer.

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Pathology, including the examination of patient tissue samples, is one of the corner stones of modern medicine. The Mount Sinai Health System comprises seven hospital campuses serving approximately 170,000 inpatients and 2.6 million outpatients annually. Over the years, these sites have collectively stored hundreds of thousands of tissue samples in the form of glass tissue slides. Philips and Mount Sinai will now start to create a comprehensive digital image repository containing the digital scans of all these glass tissue slides. Ultimately, these data will be made accessible to researchers. By integrating, analyzing and presenting the data available from whole slide pathology images, clinical laboratory services, genetic analysis, radiology, and surgical and molecular pathology, Philips and Mount Sinai believe the unique insights obtained will enable the development of predictive analytics to help personalize patient care.

“The digitization of pathology gives us the unprecedented opportunity to access vast amounts of unlocked data and view it within the context of other images, results and clinical information,” said Frans van Houten, CEO Royal Philips. “It is our vision that our improved understanding of these data will help us enable better, more individualized care with greater confidence.”

“This collaboration with Philips has the potential to help drive a new paradigm in healthcare that includes the optimization of treatment efficacy and superior clinical outcomes,” said Dr. Carlos Cordon-Cardo M.D., Ph.D.,Chairman of the Department of Pathology at the Mount Sinai Health System. “Our ultimate goal with this initiative is to translate data into knowledge to maximize personalized patient management.”

Mount Sinai is committed to partnering with industry to develop innovative therapies and diagnostics that improve the lives of patients worldwide. The terms of this collaboration agreement were managed by Mount Sinai Innovation Partners, the technology development and commercialization group for the Mount Sinai Health System.

For further information, please contact:

Hans Driessen
Philips Digital Pathology Solutions
Tel: +31 6 10 610 417

Steve Klink
Philips Group Communications
Tel.: +31 6 1088 8824

Mount Sinai Health System:
Sid Dinsay
Mount Sinai Health System Press Office
Tel: +1 212 241 9200

About the Mount Sinai Health System
The Mount Sinai Health System is an integrated health system committed to providing distinguished care, conducting transformative research, and advancing biomedical education. Structured around seven member hospital campuses and a single medical school, the Health System has an extensive ambulatory network and a range of inpatient and outpatient services—from community-based facilities to tertiary and quaternary care.

The System includes approximately 6,600 primary and specialty care physicians, 12-minority-owned free-standing ambulatory surgery centers, over 45 ambulatory practices throughout the five boroughs of New York City, Westchester, and Long Island, as well as 31 affiliated community health centers. Physicians are affiliated with the Icahn School of Medicine at Mount Sinai, which is ranked among the top 20 medical schools both in National Institutes of Health funding and by U.S. News & World Report. For more information, visit, or find Mount Sinai on Facebook, Twitter and YouTube.

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 105,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at

Source: Royal Philips

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April 2, 2015 at 6:02 pm

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Schneider Electric Launches New Performance Analytics Suite for Resource Advisor Sustainability Software Platform

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-Visibility to near real-time data can help companies increase effectiveness of efficiency and sustainability initiatives

ANDOVER, Mass., April 1, 2015 /PRNewswire/ — Schneider Electric, a global specialist in energy management, today announced the launch of Performance Analytics, a new suite of functionality within its award-winning StruxureWare Resource Advisor software platform. Helping more than 4,500 clients with over 20,000 users across 130 countries manage more than $30 billion of energy spend, Resource Advisor is the industry’s leading energy and sustainability platform. This functionality builds on Resource Advisor’s already powerful set of capabilities, which includes the ability to monitor energy and carbon markets, manage key sustainability metrics and report results to stakeholders on more than 400 types of resource streams, including utility and facility data, weather data, and water and energy usage.

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To become more sustainable and efficient, companies must understand how their facilities consume resources on a site-by-site basis in enough detail to find inefficiencies and fix them. But they also need a simple way to look across the enterprise, in order to prioritize efforts, measure results, report to their stakeholders and compare themselves to their peers. Performance Analytics now allows Resource Advisor users to collect, visualize, and analyze near-real-time interval data from a variety of sources, in context of this enterprise-wide view of their data.

“Companies are under tremendous pressure to reduce operating costs and risk, while at the same time becoming more sustainable,” said Steve Wilhite, Senior Vice President of Energy and Sustainability Services, Schneider Electric. “This is almost impossible without the right data, seen in the right context.  Resource Advisor provides this context, and now Performance Analytics drills down to interval-level information in a way that our clients are finding very powerful.”

Performance Analytics allows for data collection and integration from multiple sources, significantly simplifying visualization and analysis of interval data, while reducing the cost of data acquisition. Leveraging Schneider Electric’s founding membership with the Green Button Association, Schneider Electric can collect data straight from the utility, bypassing the need for on-site meters and software.  Schneider Electric can also tap into existing utility relationships to obtain interval data, or data can be obtained from a variety of meter, submeter or BMS data, which may exist on-site or can be installed. This flexibility enables customers to choose the most cost-effective way to develop a complete picture of their consumption, whether at the site-level or across their enterprise.

This software enhancement is in support of Schneider Electric’s successful approach of providing integrated software and services for its clients. A cloud-based solution that increases collaboration, efficiency and transparency within a single software system, Resource Advisor can be used by the client, or as a means to enable remote energy and sustainability management. For companies in need of expertise or simply additional bandwidth, Schneider Electric energy experts can also provide remote analysis capabilities to identify new opportunities for efficiency or to amplify existing in-house expertise.

For more information on how Resource Advisor helps simplify complex enterprise challenges, watch this 3 minute video, or go to

About Schneider Electric
As a global specialist in energy management and automation with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Non-residential & Residential Buildings, Industries & Machines Manufacturers, Utilities & Infrastructure and Data Centers & Networks. Focused on making energy safe, reliable, efficient, productive and green, the company’s 170,000 employees achieved revenues of 30 billion US dollars in 2014, through an active commitment to help individuals and organizations make the most of their energy.

Source: Schneider Electric

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April 2, 2015 at 5:47 pm

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MOE changes syllabus to help children gain 21st century skills

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SINGAPORE /PRNewswire/ — The Singaporean education system is in the process of a major overhaul, in an effort to prepare students better for the 21st century workforce.

Known for its reliance on rote-learning and written examinations, the system is oft criticised for building a country of followers, and not thinkers, but quiet changes have seen a firm de-emphasis on academic excellence as a measure of success. 

The MOE abolished the secondary school banding system in 2014, ceased to rank schools based on academic results, and earlier this year made the unprecedented move of releasing past PSLE examination papers, in a bid to reduce examination anxiety and over-preparation.

With a highly content-intensive syllabus, schoolteachers, already unable to cope with the bare minimum, scarcely entertain their students’ inquisitive questions, thereby curbing the youths’ natural curiosity and instead rewarding an inclination to simply accept what they are told as absolute, incontrovertible fact.

What does it mean for school children?

EduEdge Learning Hub founders and English practitioners Mr Edwin Edangelus Cheng and Ms Rowena-May Yue believe that that curriculum is now designed to be unpredictable. “The only certain thing about it is uncertainty,” says Mr Cheng.

“And with uncertainty as the leading principle, students can no longer spot questions.”

Avenues for over-preparation – or ‘drilling’, as it is known more colloquially here – are deliberately being weeded out.

The new GCE ‘O’ Level English syllabus, in particular, forces students to master various genres of writing, with an emphasis on the argumentative essay. Over-preparation for specific genres is now made counter-productive. This new iteration of the syllabus positions students to be more eloquent in expressing themselves through the written word, and imbues them with greater expository and argumentative skills.

Challenges up the road

However, with such a drastic change in pedagogical direction, schools are experiencing growing pains whilst rolling out the new policies. According to language assessment specialist and researcher Ms Chan Hsiao-yun, school teachers face difficulty adapting to the demands of the new curriculum. A lack of content mastery is one key issue, she says, citing the urgent need for manpower in the teaching force as the principle reason for this gap.

Updated methods and resources are also needed to help prepare students for these new, highly versatile examinations. The current dearth of educational aids makes the task of teaching the new syllabus an all the more uphill task.

And as idealistic as fostering the spirit of inquiry and natural curiosity of children is, schools are ultimately constrained by time. Teaching facts and teaching understanding is an entirely different ball-game, says Ms Chan, with the latter necessitating years of fostering independent thought and a thirst for knowledge outside the mandated syllabus.

As well-intentioned as the new syllabus is, MOE is currently in a phase of awkward transition and has yet to fully work out the kinks, so to speak.

Looking to the future

Nonetheless, Ms Chan is optimistic.

“We are currently going through a trial-and-error period. For now, people are resistant to change. But eventually, the policies will begin to show results and they’ll likely become more approving of the outcome.”

Parent and blogger Ms EL Tan, who writes at Homeschool@SG and creates educational resources for like-minded parents, is more conflicted. “While most parents would applaud the move towards soft skills, I dread it as my son performs better through rote-memorisation. On the other hand, my daughter is better at soft skills,” she says, voicing her concern for MOE’s one-size-fits-all method.

“Ideally, MOE should create a syllabus that recognises children at their levels. That being said, I do understand it is not easy, and maybe even unrealistic and costly to cater to each and every child.”

In a manner not unlike the proverb about teaching a man how to fish, the new curriculum demands a deeper understanding about school subjects, be they scientific concepts or grammatical rules, and not the simple attainment of the facts. In the advancing digital age of readily available information, the possession of factual knowledge is no longer a prized commodity, and efforts are finally being made to accommodate this shift.

And these changes will have effects reaching further than just the school gates. Studying hard no longer guarantees academic success, and parents need to be aware of this. Parents will have to curb knee-jerk reactions based on their own personal experiences, and insisting on the traditional method of rote-learning can do more harm than good. Private tutors or tuition centres offering supplementary lessons will also need to update their methods and provide increasingly flexible frameworks to keep up with the new syllabi, or else risk irrelevancy.

– read the full length article here.

About Epigami

Epigami provides education-related information and services in Singapore. For more information, please visit us at Epigami.

Press Contact
Victor dMdB
2 Kallang Ave #06-08, CT Hub
Singapore 339407
Office: (+65) 6513 9528

Source: Epigami Pte Ltd

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April 2, 2015 at 4:59 pm

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DPDHL Group expands Teach For All partnership in Asia Pacific

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— Teach For Bangladesh and Teach For Malaysia to give education and employability a boost in the two countries
— 10 countries now supported by Deutsche Post DHL in partnership with Teach For All worldwide

SINGAPORE  /PRNewswire/ — Deutsche Post DHL Group (DPDHL), the world’s leading postal and logistics group, last week extended its partnership with global not-for-profit organization Teach For All in Asia Pacific, to Bangladesh andMalaysia, helping to boost educational opportunities and employability within the two countries. The move brings the total number of country partnerships between DPDHL and Teach For All partners to 10, with a total of four inAsia Pacific.

DPDHL Group launches partnership with Teach for Bangladesh to help boost educational opportunities and employability in Bangladesh. (L-R) Nooruddin Chowdhury, Managing Director, DHL Global Forwarding Bangladesh; Maimuna Ahmad, CEO, Teach for Bangladesh; and Desmond Quiah, Managing Director, DHL Express Bangladesh.
DPDHL Group launches partnership with Teach for Bangladesh to help boost educational opportunities and employability in Bangladesh. (L-R) Nooruddin Chowdhury, Managing Director, DHL Global Forwarding Bangladesh; Maimuna Ahmad, CEO, Teach for Bangladesh; and Desmond Quiah, Managing Director, DHL Express Bangladesh.
DPDHL Group launches the partnership with Teach for Malaysia to help boost educational opportunities and employability in Malaysia. (L-R) Dzameer Dzulkifli, Co-founder and Managing Director of Teach For Malaysia; Yogan S, Site Manager, ITS Cyberjaya, DHL Malaysia; Christopher Ong, Managing Director, DHL Express Malaysia; Raja Rajagopal, DHL Global Forwarding Malaysia; Prakash Rochlani, Managing Director, DHL Supply Chain Malaysia.
DPDHL Group launches the partnership with Teach for Malaysia to help boost educational opportunities and employability in Malaysia. (L-R) Dzameer Dzulkifli, Co-founder and Managing Director of Teach For Malaysia; Yogan S, Site Manager, ITS Cyberjaya, DHL Malaysia; Christopher Ong, Managing Director, DHL Express Malaysia; Raja Rajagopal, DHL Global Forwarding Malaysia; Prakash Rochlani, Managing Director, DHL Supply Chain Malaysia.

Christof Ehrhart, Executive Vice President, Corporate Communications and Responsibility, Deutsche Post DHL Group, said: “A strong economy and successful society has at its root an educational system that helps all citizens, whatever their background, get jobs and prosper. This is why DPDHL has for the past five years supported the global NGO, Teach For All and we now support them and their network partners in 10 countries Argentina, Bangladesh, Chile, Germany, India, Peru, Philippines, Ecuador, Spain and Malaysia. In Asia Pacific, we were delighted to kick off the partnership in Bangladesh and Malaysia this year, so the programme has the resources and support to reach out to even more young people through education and training.”

Under these new partnerships, DPDHL will employ its competence in logistics and business to support Teach For Bangladesh and Teach For Malaysia’s goals to promote educational opportunities and employability. Along with providing financial support, this partnership will also see DHL employees in Bangladesh and Malaysiavolunteering to support teachers, who will in turn impact students in the countries.

Maimuna Ahmad, Founder and CEO of Teach For Bangladesh, said: “Teach For Bangladesh is working to address one the most fundamental challenges facing Bangladesh today: inequity in education. The leadership of our Fellows and alumni, with crucial support from our partners in the public and private sectors, will bring the systemic changes we need in order to ensure quality education for all children. DPDHL, one of Teach For AlI’s largest sponsors, has proven their deep commitment to the same values of equity and inclusion, through their global partnership with Teach For All. We are thrilled to count them among the supporters of Teach For Bangladesh.”

Teach For Bangladesh, an independent local organization part of the global Teach For All network was founded in 2012 to enlist highly-educated and promising Bangladeshi graduates and young professionals to a unique leadership development program, where they work full-time for two years as teachers in schools that serve underprivileged students. Along with providing financial support, this partnership will also see DHL employees inBangladesh volunteering to support 35 Teach For Bangladesh teachers, known as Fellows, who will in turn impact nearly 4,000 students across 12 primary schools in Dhaka.

Teach For Malaysia has been enlisting Malaysia’s most promising future leaders to join its mission to end education inequity since 2010. During the two-year Fellowship, teachers or Fellows are placed in high-need schools to directly impact the lives of students. After which, they continue to drive education transformation within and beyond the classroom as part of the Alumni movement. As one of the first engagements between the local teams, earlier this year DHL shipped over 50 boxes of personal belongings to help Fellows relocate to East Malaysia and get to work as soon as possible. By doing so they contributed to Teach For Malaysia’s aim to impact over 5000 students in the state of Sarawak.

Dzameer Dzulkifli, Co-founder and Managing Director of Teach For Malaysia, said, “We are excited that DPDHL and Teach For All have extended their global partnership to Malaysia. We are looking forward to working with them to further expand our impact. Together, we are exploring a range of possibilities that will help all children inMalaysia have the opportunity to attain an excellent education.”

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Deutsche Post DHL Group is the world’s leading logistics and mail communications company. The Group is focused on being the first choice for customers, employees and investors in its core business areas worldwide. It makes a positive contribution to the world by connecting people and enabling global trade while being committed to responsible business practices and corporate citizenship.

Deutsche Post DHL Group operates under two brands: Deutsche Post is Europe’s leading postal service provider. DHL is uniquely positioned in the world’s growth markets, with a comprehensive range of international express, freight transportation, eCommerce, and supply chain management services.

Deutsche Post DHL Group employs more than 480,000 employees in over 220 countries and territories worldwide. The Group generated revenues of more than 56 billion Euros in 2014.

Die Post fur Deutschland. The logistics company for the world.

About Teach For All

Teach For All is a global network of over 30 locally led and funded independent partner organizations with a shared vision for expanded educational opportunity in their countries. Each partner recruits and develops diverse leaders to commit two years to teach in their nations’ high-need classrooms and to work throughout their lives to increase opportunity for children.

For more information, visit

About Teach For Bangladesh

Teach For Bangladesh is a non-profit organization in Bangladesh, founded in 2012 working to eradicate educational inequity from Bangladesh. To that end TFB is building a movement of leaders who are dedicated to this cause. TFB recruits high-potential university graduates and young professional who commit two years teaching full-time in underprivileged primary schools, before going on to spearhead systemic reform from leadership positions across various sectors.

For more information, visit

About Teach For Malaysia

Teach For Malaysia is an independent, not-for-profit organisation that enlists Malaysia’s most promising future leaders in our mission to end education inequity. The organisation is fuelled by its mission: that one day, all children in Malaysia will have the opportunity to attain an excellent education. The Teach For Malaysia Fellowship is a highly selective, two-year, full time and fully-paid leadership development programme focused on addressing education inequity in Malaysia through the efforts of outstanding youth leaders.

To date, the movement is made up of over 200 Fellows and Alumni, impacting over 33,000 students in 75 schools across 8 states – Kuala Lumpur, Selangor, Negeri Sembilan, Pahang, Perak, Penang, Kedah and Sarawak.

For more information, please visit

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Source: DHL

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April 2, 2015 at 4:17 pm

Posted in Uncategorized

Carlson Rezidor Offers Splendid Deals with Accommodation Discounts of Up To 40% at Top Destinations

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SINGAPORE /PRNewswire/ — Carlson Rezidor unveils a full slate of Splendid Deals that offer generous discounts on accommodations in major markets across Asia Pacific, including China, India, Thailand, the Philippines, Brunei, Fiji andAustralia. Besides discounts of up to 40 per cent off the best available rates, guests can also look forward to earning triple Club Carlson loyalty program Gold Points®(from April 6 to June 28, 2015) while enjoying their holidays.

“Our Splendid Deals cover all our hotel brands and all the top holiday hotspots in Asia Pacific. The discounted room rates and special perks, including dining privileges at participating hotels, make this a great time to book weekend getaways, resort vacations and city-hopping tours,” said Sandy Russell, vice president, Commercial,Asia Pacific, Carlson Rezidor Hotel Group.

Carlson Rezidor’s Splendid Weekend Deal offers guests up to 40 per cent off the best available rates for weekend stays at Radisson Blu and Park Plaza hotels in China, perfect for staycations and quick getaways. And guests who stay the weekend at Radisson Blu, Radisson, Park Inn by Radisson, Country Inns & Suites and Park Plaza hotels in India will enjoy up to 30% off the best available rates. The booking period is from now until May 31, 2015, for stays between now and December 30, 2015.

Guests who are planning a relaxing resort holiday can choose from participating Radisson Blu and Radisson hotels in China, India, Thailand and Fiji. With the Splendid Resort Deal, guests will enjoy discounts on the best available rates as well as special dining privileges. The booking period is from now until May 31, 2015, for stays between now and December 30, 2015.

In addition, participating Radisson Blu, Radisson, Park Inn by Radisson and Park Plaza hotels in Thailand, the Philippines and Brunei are offering up to 30 per cent off accommodations with the Splendid Holiday Deal. The booking period is from now until May 31, 2015, for stays between now and December 20, 2015.

And Carlson Rezidor hotels in Australia are welcoming the milder Fall weather with the Splendid Autumn Deal.For a minimum two-night stay, guests can enjoy up to 20 per cent off accommodations at Radisson on Flagstaff Gardens Melbourne and 15 percent off at Radisson Blu Plaza Hotel Sydney and Radisson Hotel & Suites Sydney. The booking period is from now until May 31, 2015, for stays between now and September 30, 2015.

To book Carlson Rezidor’s Splendid Deal promotions, go to To register for Club Carlson loyalty program triple points promotion, visit from 6 April onwards.

About Carlson Rezidor Hotel Group

Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel groups and includes more than 1,350 hotels in operation and under development with180,000 rooms and a footprint spanning 105 countries and territories. The Carlson Rezidor portfolio includes a powerful set of global brands: Quorvus Collection, Radisson Blu®, Radisson®, Radisson Red, Park Plaza®, Park Inn® by Radisson and Country Inns & Suites By Carlson. In most hotels, guests can benefit from Club Carlson, one of the most rewarding loyalty programs. Carlson Rezidor Hotel Group and its brands employ 88,000 people worldwide and is headquartered in Minneapolis, Minn., andBrussels, Belgium. For more information, visit

Contact details 

Tracy Lui, Carlson Rezidor Hotel Group

+65 9839 4095

Ben Gardeen, Carlson Rezidor Hotel Group

+1 (763) 212 1418 or +1 (763) 212 8129

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Source: Carlson Rezidor Hotel Group

Written by asiafreshnews

April 2, 2015 at 4:06 pm

Posted in Uncategorized

Singapore To Host More Than 14,000 People From Over 60 Countries At Sea Asia 2015

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SINGAPORE /PRNewswire/ — Singapore is gearing up to host more than 14,000 participants from over 60 countries this month at Sea Asia 2015 — one of the region’s largest maritime conferences and leading forum for analysis and debate on the challenges and opportunities facing the sector.

Singapore Maritime Foundation (SMF) Chairman Mr. Michael Chia said this year’s Sea Asia is also an opportunity to recognise Singapore’s position as an international maritime centre and highlight the role the industry has played in the country’s growth.

“2015 is a big year with Singapore celebrating its 50th anniversary — a key milestone and opportunity to reflect on the sectors which have helped Singapore become what it is today.

“The maritime industry — which employs some 170,000 people in Singapore and contributes around 7 per cent ofSingapore’s GDP — has played a key role in driving Singapore’s development and this trend is set to continue,” he said.

Estimates show that Singapore’s container throughput for 2014 achieved another record high – 33.9 million twenty-foot equivalent units (TEUs) — growing by 4 per cent from 2013. Vessel arrival tonnage also rose by 1.9 per cent last year to 2.37 billion gross tonnage (GT) and Singapore continues to be the world’s top bunkering port with 42.4 million tonnes sold in 2014.[i]

Singapore continues to cement its position as an international maritime centre and the increasing prominence of Sea Asia in the global maritime calendar demonstrates the country’s importance in addressing the sector’s challenges and opportunities,” he said.

Seatrade Chairman Chris Hayman said the new realities facing the industry such as falling oil prices, an unstable Eurozone and the emergence of new cargo generators such as Africa will be discussed in depth at Sea Asia 2015.

“These developments provide opportunities and challenges for the sector. Falling oil prices, for example, provide real opportunities for the shipping industry to reduce operating costs while creating challenges for the oil and gas industry.”

“Sea Asia 2015 is a critical opportunity for the global maritime and offshore communities to congregate inSingapore and share insightful perspectives on these issues affecting the various industry segments,” said Mr. Hayman.

The Sea Asia 2015 conference and exhibition will be graced by Singapore’s Minister for Transport, Mr. Lui Tuck Yew.

Mr. Chia said: “Mr. Lui’s presence at Sea Asia 2015 is testament to the Government’s recognition of the significant role the maritime industry plays in Singapore’s continuing growth and development.

“It also shows the Government’s commitment and support to sustain our position as one of the world’s leading International Maritime Centres.”

One of the key highlights of this year’s Sea Asia event is the Sea Asia Global Forum which will see Christian Clausen, President and Group Chief Executive Officer, Nordea Bank; Khalid Hashim, Managing Director, Precious Shipping Ltd; Tom Boardley, Marine Director, Lloyd’s Register and Vice President, UK Chamber of Shipping; Andreas Sohmen-Pao, Chairman, BW Group; and S.S. Teo, Managing Director, Pacific International Lines Pte Ltd discuss trends and issues impacting the maritime industry.

Topics that will be debated include sustainability, shipping finance, demand for ships entering ports to be built locally and the re-alignment of trade in a post-recession world. The impact of oil prices on the industry will also be a key topic on the forum’s agenda.

Sea Asia 2015 will also feature the Offshore Marine Forum which brings industry experts together to debate the challenges and opportunities facing the region’s offshore marine sector against a backdrop of record revenues, orders and complex operating environments.

Among the topics that will be discussed at the Offshore Marine Forum include the manpower challenge facing the offshore marine sector, the need for more technically sophisticated vessels and the changing geography of exploration and production.

Mr. Hayman said: “We look forward to welcoming maritime leaders from around the globe to discuss pertinent maritime issues, growth opportunities in Asia and share thoughts on how to work with the different industry sectors to navigate the challenges we are all facing.”

This year marks the fifth edition of Sea Asia which is co-organised by Seatrade and SMF. It will be held at the Marina Bay Sands Expo and Convention Centre from 21 — 23 April as part of Singapore Maritime Week.

For more information, please contact:

Sharon Chan
Mobile: +65 9759 9528
DID:     +65 6239 4107

About Sea Asia

Sea Asia, an international conference and exhibition for the maritime and offshore industries, is returning for the 5th edition from 21 to 23 April 2015 at the Marina Bay Sands®, Singapore. Sea Asia serves as a focal point for both the global and local maritime communities to network, explore new businesses, and showcase the latest maritime innovations, equipment and services. Co-organised by Seatrade and the Singapore Maritime Foundation, Sea Asia is an anchor event held in conjunction with the Singapore Maritime Week and is well-attended by the most influential and respected leaders in the industry. The 3-day Sea Asia conference will bring forth the latest discussion and debates on key trends, opportunities and challenges facing the maritime industry.

Sea Asia is supported by principal sponsors Anglo-Eastern Ship Management Ltd, DP World UAE Region, Executive Ship Management,  Lloyd’s Register, Neptune Orient Lines (NOL), Sohar Port & Freezone, as well as sponsors ABS, Admiralty, AXSMARINE, ClassNK, DNVGL, G Travel, Hempel, JTJB LLP, Keppel Offshore & Marine, LUKOIL Marine Lubricants,  M3 Marine Group Pte Ltd,  Mobil Industrial Lubricants, Pacific International Lines (Pte) Ltd, PANAMA MARITIME AUTHORITY, WORLDWIDE LEADER FLAG STATE, PSA Corporation Limited, QBE INSURANCE (INTERNATIONAL) LIMITED, Singtel, The Standard Club Asia Ltd, Veritas Petroleum Services, and Zamil Offshore.

For more information, please visit

About Seatrade

Seatrade provides a range of global events, websites and publications that covers every aspect of the cruise and maritime industries, bringing together key people to encourage innovation and to produce powerful learning, networking and promotional platforms.  Founded in 1970, Seatrade was acquired recently in 2014 by UBM, the world’s second largest media and event organiser.  Seatrade sits with the UBM EMEA, which connects people and creates opportunities for companies to develop new business, meet customers, launch new products, promote brands and expand markets. Operating in over 23 countries, UBM EMEA organizes many of the world’s largest, most important exhibitions, conferences, awards, directories, websites and publications in a wide variety of industries.

For full details about this event, visit Find out more about Seatrade and UBM, visit and

About the Singapore Maritime Foundation

Established in 2004, the Singapore Maritime Foundation (SMF) is a private sector-led organisation that seeks to develop and promote Singapore as an International Maritime Centre (IMC). As the representative voice for the commercial players of the maritime industry, SMF seeks to forge strong partnerships with the public and private sectors of the maritime industry. SMF spearheads initiatives to promote the diverse clusters of the maritime industry in Singapore and at international frontiers, and to attract young talents to join the sector. SMF is directed by its Board of Directors which comprises prominent leaders in the Singapore maritime community. For details, visit

Source: Seatrade Communications

Written by asiafreshnews

April 2, 2015 at 4:05 pm

Posted in Uncategorized

The world’s largest luxury watch investment vehicle The Watch Fund is nominated against HSBC for WealthBriefingAsia Singapore Awards 2015

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SINGAPORE  /PRNewswire/ — The HK and Singapore-based investment structure The Watch Fundis officially nominated for the category “Best Alternative Investment Manager” at the renowned WealthBriefingAsia Singapore Awards 2015. Previous winners of the award  which is initiated by the global wealth management news portal WealthBriefing  include Standard Chartered Private Banking, DBS Bank and J.P. Morgan.

Although the nomination is already a high accomplishment for The Watch Fund (TWF), its unique concept may be crucial for the final decision. Investors actually hold and wear two to three times of their investment amount in luxury watches from day one  before TWF eventually sells the watches for more than a 10% net profit. Being the only structure that individually manages accounts in the alternative investing space of watches  and allowing investors to wear them from day one  it has a distinctive position in the category “Best Alternative Investment Manager”.

Dominic Khoo, founder of TWF and Southeast Asia’s only certified watch specialist, feels tremendously honoured to be a nominee: “The review of the applications is an independent and transparent process. The best senior banking and wealth management professionals scan every investment structure and only pick the top performers.”

TWF was only founded in 2013 but already has USD$38,000,000 assets under management — and is challenging a global player such as HSBC. “The nomination is a clear distinction to other alternative asset funds it shows our top performance and innovation.” says Khoo.

The Watch Fund has two distinctive features: It is already the world’s biggest watch investment vehicle and the one with the highest returns. The performance is remarkable: Whilst one “unlucky” investor took back a 10% net gain after 364 days of wearing his three 6-digit priced watches, other investors have done better with the highest return of 54% in just three months or 216% annualized.

However, the typical investor is not a watch enthusiast: “Ironically you can say that our investors have no real interest in watches.” says Dominic Khoo. “They are focused on the returns and those are great. The Watch Fundhas an international database of more than 9000 watch collectors that buy from the investors. If you understand the difference between a collector and an investor, you can understand where the money making is. he explains.

“Just imagine us a one-year fixed deposit instead of a 1% interest rate and a token umbrella, you can expect more than 11% and a whole range of investment-grade luxury watches as your personal, verifiable, usable collateral from day one.” Investors can even choose from an optional 10% net annualized guaranteed return — but Khoo clarifies that whilst this option might mean downside is protected, upside over and above the 10% goes straight to The Watch Fund’s revenue.

Another unique proposition of The Watch Fund that could influence the final decision for the WealthBriefingAsia Singapore Awards 2015 is that there are no annual or management fees. It survives of transaction fees which Khoo believes makes the TWF and investors completely aligned: “If you don’t make money we don’t survive.” says Khoo.

The performance of alternative investments is outstanding: According to the Coutts Index (2014) passion investments such as watches have risen 176% since 2005 and are outperforming shares in the MSCI All Country Equity Index. “Bearing in mind that this period includes the recession of 2008, it is important to invest not just in physical products with dying labour craft but also in uncorrelated assets in a world of volatility.” Khoo advises.

The award ceremony of the WealthBriefingAsia Singapore Awards 2015 is initiated by the global wealth management news portal WealthBriefing and will be held on 16 April in Singapore’s world-famous Raffles Hotel.WealthBriefing is published by UK based Clearview Financial Media, the world’s leading provider of business intelligence in the private banking and wealth management sector. Aiming to connect investment vehicles and client communities in financial centers such as New York, London, Hong Kong and Singapore, the prestigious awards are handed over by financial experts and top managers.

Media Enquiries

For further information, please contact

Jasmine Tuan
Public Relations
The Watchfund Pte. Ltd.
6 Kay Siang Road, Singapore 248924
Phone: +65-6366-4642
Mobile: +65-9843-1997

Source: The Watchfund Pte Ltd

Written by asiafreshnews

April 2, 2015 at 3:57 pm

Posted in Uncategorized

Chairman of Jintian Pharmaceutical Purchased Approximately HK$113 Million Worth of Shares Citing Confidence in Company’s Development in Online and Offline MacroHealth Business

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HONG KONG /PRNewswire/ — Jintian Pharmaceutical Group Limited (“Jintian Pharmaceutical” or the “Company”; stock code: 2211) announced that Mr. Jin Dongtao, chairman and executive director purchased 40,000,000 ordinary shares (the “shares”) of the Company, representing 2% of the existing entire issued share capital of the Company from AMG Holdings Limited, at HK$2.82 per share with the total amount of approximatelyHK$113 million. Upon the completion of the transaction, Mr. Jin Dongtao’s shareholding will increase from 45.17% to 47.17%.

Mr. Jin Dongtao, chairman and executive director and 2014 Annual Results Announcements
Mr. Jin Dongtao, chairman and executive director and 2014 Annual Results Announcements

Mr. Jin Dongtao, with over 20 years’ experience of pharmaceutical industry, enjoying great influence in China’spharmaceuticals industry. In addition to focus on the Company’s business development, as the leader of the Group, Mr. Jin Dongtao also pays close attention to the market and industry trend, actively promotes the industry concept of MacroHealth (Holistic wellness which includes healthcare and medical industry), develops the market of e-commerce, aiming at building up Jintian Pharmaceutical into a leader in international MacroHealth brand management.

Mr. Jin Dongtao’s explanation of the increase of shareholding will better interpret the Company’s strategic conception:

First, Mr. Jin Dongtao has great confidence in the development of China’s MacroHealth industry.

With China entering aging society, MacroHealth industry, strongly supported by the nation, enjoys huge development potential. Jintian Pharmaceutical, as the forerunner in the pharmaceutical distribution industry, takes the lead in implementing layout of MacroHealth industry with its extraordinary healthcare entity network.

Second, Mr. Jin Dongtao has great confidence in the development of cross-border trading.

By the international perspective resulted from listing in Hong Kong, on one hand, through distributing and selling international MacroHealth brands’ products, the Company achieved strategic cooperation with multiple world-renowned manufactures, expanded the market for the products, and improved profitability and competitiveness among domestic peers; on the other hand, the Company follows closely with the development of free trade zones in China and arrange its business accordingly, in the future the Company will enter the international market to cooperate with famous enterprises from Asia and even from Europe and the United States, so as to establish overseas MacroHealth brand operation and management enterprise.

Third, Mr. Jin Dongtao has great confidence in the establishment of mobile internet platforms.

The Chinese government revealed “Internet Plus” strategy recently, which brought huge development potential for the industry. During 2014, after cooperation with Ali Health, the Company introduced elite teams from the Internet field to actively develop retail and distribution network, and to establish competitive O2O platform. The Company combines with advantages of its entity network to promote fast implementation of our e-commerce strategy to best leverage our leading real economy advantage. The Golden Rules of Marketing and professional training of Jintian Institute make contribution to promoting the Company’s high-margin products. In the meantime, under the thinking mode of platform cooperation, the Company established crossover in e-commerce business in a great extent and depth with dozens of MacroHealth industry-related enterprises at home and abroad.

Mr. Jin Dongtao mentioned, “CVC Capital Partners, as one of our main pre-ipo private fund investors, their lock-up period has expired after three and a half years’ holding period. This transaction is a win-win investment decision. The Company and I maintain a good relationship with CVC. We hereby gratitude to CVC for their years of support.”

Strong FY14 Results. MS maintain their Valuation “Attractive”

In 2014, the revenue and gross profit of the Group increased by 31.1% and 35.4% respectively as compared with 2013. Over gross profit margin increased to 29.1%. Earnings per share for the Reporting Period was RMB23.77 cents.

As at 31 December 2014, the Group acquired 157 retail pharmacies and opened 2 new retail pharmacies. The Group had 953 self-operated pharmacies in total, of which 4 are located in Hong Kong. The Group has established a nationwide distribution network covering approximately 6,500 customers. Meanwhile, the Group now has a total of six logistics centres in Shijiazhuang, Harbin, Jiamusi and other places, which further strengthened our advantages of nationwide distribution network. During the Reporting Period, the Group cooperated with Alibaba Health to launch online prescription drug business in Northeast China.

The Group has high net profit margin which benefits from the focus on branded premium products portfolio, the unique direct supply model, central procurement platform and low operating costs. Jintian Training Institute provides professional training service to employees and customers representing strong abilities of execution and acquisitions integration. In this way, the product portfolio and advanced business model can be applied into the acquisition business. The Group has established a unique business model and strong core competitiveness. In addition, e-commerce and mobile Internet services and MacroHealth has been brought into the Group’s strategy.

Based on FY14 results, Morgan Stanley maintains their bear-case valuation of “Attractive”. And they expect the price target can be HK$4.50 and the stock will bullish on the Group’s accelerating sales growth through offline distribution and retail channels and online platforms.


Jintian Pharmaceutical Group Limited (“Jintian Pharmaceutical” or the “Company”, stock code: 2211) is one of the leading pharmaceutical retailers and distributors in China, and certified as the Top 10 of 2013-2014 Chinachain pharmacy stores by the State Food and Drug administration. As at 31 December 2014, the Company has 953 retail pharmacies in including four stores in Hong Kong and approximately 6,500 distribution customers. The Company has high net profit margin, which is attributable to the product mix with a focus on high-gross-margin products, the effective direct-supply model, the centralized procurement platform and low operation costs. The Company provides training programs to its employees and customers through Jintian Institute. The Company also has strong execution capability for acquisitions and integration which enables it to implement its product mix, advanced business model and sophisticated operation procedures in the acquired businesses. The Company has formed distinctive business model and core competitive strengths.

This press release is issued by Wonderful Sky Financial Group Holdings Limited on behalf of JINTIAN PHARMACEUTICAL GROUP LIMITED.

For further information, please contact:

Wonderful Sky Financial Group Holdings Limited
Connie Liu / Angus Song / Sylvia Zhang
Tel: (852) 3970 2290 / (852) 3970 2175 / (852) 3970 2161
Fax: (852) 2598 1588
Email: / /

Photo –

Source: Jintian Pharmaceutial Group Limited

Related stocks: HongKong:2211

Written by asiafreshnews

April 2, 2015 at 3:47 pm

Posted in Uncategorized