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Antarctica Advisors LLC Acts as Advisor to East Coast Seafood and Garbo Lobster in Their New Partnership with Seafood Investment Group

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MIAMI, July 6, 2015 /PRNewswire/ — The Seafood Team of Antarctica Advisors LLC, a leading Food Industry-focused investment banking firm, acted as the exclusive financial advisor to East Coast Seafood and Garbo Lobster, two of the largest lobster suppliers in North America, in the formation of a new partnership with Seafood Investment Group (SIG), a long-term equity capital provider. SIG’s investment will further accelerate growth at the companies’ value-added processing joint-venture, Maine Fair Trade Lobster.

Antarctica Advisors
Antarctica Advisors

Antarctica’s experienced transaction advisory team provides corporate clients in the Food Industry with a wide range of investment banking services. Antarctica maintains a unique Seafood Sector-specialized M&A practice, with a recognized track record of successful deal execution.

The new partnership is intended to expand the current relationship between East Coast Seafood and Garbo Lobster to enhance current operations and create meaningful employment in rural communities throughout North America,” said Michael Tourkistas, CEO & President of East Coast Seafood.

Ignacio Kleiman, Managing Partner of Antarctica Advisors commented: “This is a highly strategic partnership for our clients, East Coast Seafood and Garbo Lobster, and a great entry for SIG into the North American Seafood Industry. The new partnership demonstrates the unique opportunities the Seafood Industry in North Americapresents to investors, where Antarctica’s highly-specialized Seafood Team continues to play a leading role as a trusted advisor“.

About Antarctica Advisors
Antarctica Advisors LLC is an independent strategic and financial advisory firm led by a group of seasoned investment bankers with expertise in M&A advisory and private equity and debt capital rising. Antarctica’s team of experienced professionals provides corporate clients with knowledge-based, senior-level advice. Antarctica’s office is strategically located in Miami (Florida) allowing close connection to its clients in the Americas and Europe.Antarctica Advisors LLC is a licensed broker-dealer, and a member of FINRA and SIPC.

About East Coast Seafood
A subsidiary of American Holdco Inc., East Coast Seafood is North America’s largest processor and marketer of live lobster, and fresh and frozen lobster products. AHI’s other subsidiaries include Paturel International, which operates live lobster and value-added processing facilities in Canada; Seatrade International, a leading US scallop and fin-fish processor and Worldwide Perishables, a major freight forwarder operating Massachusetts and Nova Scotia.

About Garbo Lobster
Based in Connecticut, Garbo Lobster is the second largest processor and exporter of live lobster in the US. The biggest buyer of live lobster in the state of Maine, Garbo also has operations in Nova Scotia and New Brunswick.

About Seafood Investment Group
Seafood Investment Group is a private investment manager that provides growth capital to businesses in a variety of industries. The firm’s long-term focus allows management teams and owners to develop lasting value creating initiatives.

For further information on Antarctica Advisors LLC please visit 

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Source: Antarctica Advisors LLC

Written by asiafreshnews

July 7, 2015 at 3:43 pm

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Telkomsel Cooperates With Huawei to Introduce the First NFV Based WiFi Calling and VoLTE in Asia Pacific Region

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JAKARTA, Indonesia /PRNewswire/ — Telkomsel the largest mobile operator in Indonesia, together with Huawei Technologies (Huawei), a leading global information and communications technology (ICT) solutions provider, today successfully demonstrated its 4G convergent communication service trial for WiFi Calling and VoLTE (Voice over LTE) based on NFV Technology (Network Function Virtualization) in Jakarta.

(From left) Tommy G Tanjung, Engineer of Technology Strategy, Telkomsel, Ivan Cahya Permana, VP of Technology and System, Adita Irawati, VP of Corporate Communications, and Zhang Qin, Head of Core Network Marketing, Huawei, discuss the 1st Asia Pacific Wifi Calling & VoLTE based on NFV technology.
(From left) Tommy G Tanjung, Engineer of Technology Strategy, Telkomsel, Ivan Cahya Permana, VP of Technology and System, Adita Irawati, VP of Corporate Communications, and Zhang Qin, Head of Core Network Marketing, Huawei, discuss the 1st Asia Pacific Wifi Calling & VoLTE based on NFV technology.

Indonesia is one of the fastest growing mobile communication markets in the world, which has over 250 million population and over 280 million mobile users. These users have enjoyed 4G data services since the end of last year, and today through these newest of technologies, WiFi Calling and VoLTE will be able to create the best 4G communication experiences such as “HD Voice and HD Video within the shortest connecting time.

This technology consolidates 4G and WiFi to enable Telkomsel subscribers to seamlessly communicate using 4G as well as WiFi network. When a subscriber switches between 4G and WiFi environment, the call will not be interrupted.

Mr. Edwin Zhang, Head of Core Network Marketing, Huawei Technologies said, “It is an honor for Huawei to be able to demonstrate this latest 4G communication technology together with Telkomsel to bring upgrades to user experiences for Indonesia people, especially for Telkomsel customers. NFV technology is not only supporting WiFi Calling and VoLTE Service but also delivering a foundation for future service innovation.

At the same time, Mr. Ivan Permana, Vice President, Technology & System, Telkomsel said, “Telkomsel has always been committed to providing the best mobile communication experience to our customers through the latest technology. This WiFi Calling and VoLTE trial is part of our efforts to provide better service quality, and will also create an exciting new experience for customers in using our services.”


About Huawei

Huawei is a leading global information and communications technology (ICT) solutions provider with the vision to enrich life through communication. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives our customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei’s 150,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services have been deployed in over 170 countries and regions, serving more than one third of the world’s population. Founded in 1987, Huawei is a private company fully owned by its employees.

About Telkomsel (

Telkomsel is Indonesia’s largest mobile operator with more than 141 million subscribers. To serve customers all over Indonesia, including in remote areas, outer islands and border areas, Telkomsel has built more than 95,000 BTSs. Telkomsel has consistently implemented technology roadmap of 3G, HSDPA, HSPA +, as well as being the first mobile operator in Indonesia to commercially launched the 4G LTE services. In entering the digital era, one of Telkomsel’s programs is to build broadband city in Indonesia, with now reaching 300 cities. To serve the needs of customers, Telkomsel operates a 24-hour call center and more than 400 service centers GraPARI across Indonesia. For more information visit:

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Source: Huawei
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Written by asiafreshnews

July 7, 2015 at 2:56 pm

Posted in Uncategorized

Angeline Tang Appointed Director of Asia Sales And Marketing

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SINGAPORE /PRNewswire/ — Avis Budget Group today announces the appointment of Angeline Tang into the role of Director, Asia Sales and Marketing, reporting to Stephen Wright, Senior Vice President of Sales and Marketing for Latin America and Asia Pacific at Avis Budget Group.

Angeline Tang, new Director, Asia Sales and Marketing
Angeline Tang, new Director, Asia Sales and Marketing

Tang will assume responsibility for sales personnel, marketing functions and commercial partnerships across the Company’s network and joint ventures in Singapore, China, India and Thailand. In her new capacity, Tang will drive further growth in Avis Budget Group’s share of the car rental market, building strong and successful commercial partnerships throughout Asia.

Tang joins Avis Budget Group from Relais & Chateaux, where she held the post of Director of Sales and Marketing for Asia Pacific. Prior to that, she held senior marketing and commercial roles for companies including LesConcierges Inc., Atout France and TQ3 Travel Solutions.

“With fast-growing economies, emerging markets and top travel destinations, Asia is an important region for car rental and for Avis Budget Group,” explained Stephen Wright. “It takes strong commercial focus to continue to delight our customers and grow our brands, so we are excited to announce that Angeline will be joining the team to take this forward.”

“Angeline’s deep regional knowledge and proven experience driving commercial partnerships makes her the perfect fit for this position, and I have every confidence that she will further increase our success in the region”, Wright added.

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental services through its Avis and Budget brands, with more than 10,000 rental locations in approximately 175 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than 900,000 members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. For more information, visit

Avis Asia

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Source: Avis Asia

Written by asiafreshnews

July 7, 2015 at 12:12 pm

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A Toddler Versus Usain Bolt? Comparing Internet Speeds in the Same Light

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SYDNEY /PRNewswire/ — We have come a long way since the days ofbulletin board systems and dial-up connections. Comparing today’s web speeds with those from the dawn of the Internet is like comparing a toddler running to Usain Bolt.

A toddler versus Usain Bolt – Fair Comparison?

In fact, that is not a fair comparison at all. A fast toddler runs at an average speed of 1.8 m/s (source). Usain Bolt runs at 10.5 m/s (source) which is approximately 10 times as fast (1 order of magnitude). Whereas your fast dial-up modem ran at 56 kb/s and NetScope is now handling speeds of 10 Gb/s, which is 5 orders of magnitude greater, or 100,000 times!

Most large business Networks are moving towards 10Gb/s already!

As Network Data increases in size business networks are increasing their capacity and most backbones are at 10Gb/s and the Internet link speeds are not far behind. 10Gb/s means 1,250MB/s (source) which is the equivalent of 9,765 of the original Mac desktop per second (source). Has the capacity of the average employee increased that much? That question is beyond the scope of this article.

So how can we handle such high speeds?

Hardware is becoming less and less of an issue these days as processing power skyrockets. There are now well established chipsets that allow NetScope to pass data through a 10 Gb/s bypass card. That means that NetScope will be able to guarantee throughput on a 10 Gb/s link despite catastrophic failure of hardware/power supply.

What does all this mean? Now that affordable and reliable hardware is available that can cope with 10 Gb/s speeds NetScope will soon be able to handle these speeds in our production version.

We are very proud; our baby is growing up! Want to be one of the first to check out the 10 Gb/s version when it is released? Sign up here:

Contact us

Turbosoft Networks, developing enterprise class network management tools to Monitor, Report, Analyse and Control your network. For further information please contact us at or:

Phone: +612 4274 2211
Visit us at:

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Source: Turbosoft Networks

Written by asiafreshnews

July 7, 2015 at 11:00 am

Posted in Uncategorized

Former U.S. Attorney General Eric Holder Returns to Covington

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WASHINGTON /PRNewswire/ — Former U.S. Attorney General Eric H. Holder, Jr. is returning to Covington as a partner after more than six years of service as the nation’s top law enforcement officer.

Mr. Holder will be resident in the firm’s Washington office and focus on complex investigations and litigation matters, including matters that are international in scope and raise significant regulatory enforcement issues and substantial reputational concerns.

“It is a source of great pride to welcome Eric back to the firm after his distinguished service as attorney general,” said Timothy Hester, chair of the firm’s management committee. “Eric’s entire private practice career has been as a Covington partner, and we look forward to the role he will again play as a colleague, leader, client adviser and advocate.”

Mr. Holder is the third longest serving attorney general in U.S. history and the first African American to hold the office. As a member of President Obama’s cabinet and head of the Department of Justice, he oversaw the government’s efforts to address many critically important issues arising at the intersection of law and public policy, including national security investigations and prosecutions; landmark antitrust, environmental, fraud, and tax cases; the defense of voting rights and marriage equality; and reform of the federal criminal justice system. In 2014, Time magazine named Mr. Holder to its list of 100 Most Influential People, stating that he “worked tirelessly to ensure equal justice.”

Mr. Holder’s service as attorney general marks the most recent chapter in a remarkable career in public service. Prior to joining Covington in 2001, he served during the Clinton Administration as Deputy Attorney General andUnited States Attorney for the District of Columbia. Earlier, Mr. Holder served as Associate Judge of the Superior Court of the District of Columbia, having been appointed by President Reagan in 1988. Before becoming a judge, he served for many years as a public corruption prosecutor in the Justice Department’s Public Integrity Section, which he had joined in 1976 upon his graduation from Columbia Law School.

Mr. Holder was a partner at Covington from 2001 until February 2009, when President Obama appointed and the Senate confirmed him as the nation’s 82nd Attorney General.

“Returning to Covington is like coming home. I couldn’t be happier to rejoin the firm and to have the opportunity once again to work with its exceptional lawyers and staff, for whom I have such high regard,” Mr. Holder said. “I am returning to Covington for the same reasons that drew me to the firm in the first place—its commitment to excellence in the service of clients, a collaborative and team-oriented culture, and a dedication to pro bono and public service.”

In an increasingly regulated world, Covington & Burling LLP helps clients navigate their most complex business problems, deals, and disputes. Founded in 1919, the firm has more than 850 lawyers in offices in Beijing,Brussels, London, Los Angeles, New York, San Francisco, Seoul, Shanghai, Silicon Valley, and Washington.

Contact: Rebecca Carr

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Source: Covington & Burling LLP

Written by asiafreshnews

July 7, 2015 at 10:42 am

Posted in Uncategorized

Australian Taxation Office Selects Fieldglass Vendor Management System (VMS)

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— ATO Will Use Fieldglass to Manage Contingent Labour and ICT Panel Services

CHICAGO /PRNewswire/ — Fieldglass, Inc., an SAP company and the global cloud technology leader in external workforce management, was recently selected by the Australian Taxation Office (ATO) as its Vendor Management System (VMS) provider to assist the ATO in managing its contingent labour workforce.

The ATO, who is the principal revenue collection agency of the Australian government, will replace multiple existing processes and approaches with Fieldglass to manage contingent labour and the ICT Statement of Work (SOW) Panel arrangement. Using Fieldglass, the ATO hopes to achieve:

  • greater efficiencies in identifying and remobilising resources;
  • enhanced contractor engagement, retention and performance;
  • improved industry engagement;
  • strengthened accountability and transparency through the procurement process; and
  • on-going, sustained cost reductions.

The organisation also aims to build on its supplier relationships with the implementation of the VMS. Fieldglass will provide a single point of reference that agency hiring managers, suppliers, workers and the Panel Management teams can utilise to facilitate all services procurement processes, from requisition through payment.

“We are confident that Fieldglass can help us achieve our goals,” said Craig Fox, First Assistant Commissioner, Service Operations Division. “By standardising and automating our contractor engagement processes, we can achieve visibility into costs and supplier performance and more quickly mobilise workers in an environment that requires strict onboarding activities.”

Fieldglass, an SAP company, provides an intuitive, cloud-based Vendor Management System (VMS) to optimise contingent workforce and services procurement programmes. More than 300 customers leverage Fieldglass to gain visibility into their external workforces, including contingent labour, services managed through Statements of Work (SOW) and independent contractors.

The Forrester Wave™: VMS, Q1 2014 report named Fieldglass the highest-scoring VMS provider in Contingent Workforce Management/Vendor Management System (CWM/VMS) functionality and market presence. GlaxoSmithKline, Johnson & Johnson, Monsanto and Rio Tinto are among the 300+ companies that leverage Fieldglass to achieve total workforce visibility and ultimately optimise complex spend, worker quality, corporate and external compliance and programme efficiencies. For more information, visit

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Source: Fieldglass, Inc.

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July 7, 2015 at 10:28 am

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Recommendations From Astana Economic Forum 2015

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ASTANA, Kazakhstan /PRNewswire/ —

(“World economy and Integration,” “Infrastructure,” “Green economy and Innovations,” “Inclusive growth and human capital,” “Business and capital markets”)

Astana Economic Forum 2015 was held on 21st and 22nd of May. A central theme of the Forum wasInfrastructure a driver of sustainable economic growth.

To view the Multimedia News Release, please click:

World economy and Integration

The world economy is facing major cross currents – oil prices, exchange rate adjustments, divergence of monetary policies and the legacies of the Great Recession of 2009. Global economic growth remains weak and moderate while potential output growth has declined.

The decline in the price of oil has led to a large reallocation of real income from oil exporters to oil importers. For the last group of countries, this increase in real income is leading to an increase in spending. The lower oil price benefits the U.S. in particular, where the positive consumption effect largely dominates the negative investment effects in the oil industry. It could make the U.S. the dominant engine again for world output, in particular in its role as consumer of last resort. This could lead to a resumption of large external imbalances, with the U.S. again approaching a current account deficit of up to 5 percent of GDP.

For the oil exporters, the time of low oil prices, perhaps, is a good time for structural and institutional reforms to diversify their economies and increase robustness of the long-run economic growth.

The volatility of exchange rates has been unusually large while divergence in monetary policy is observed. From May 2014 to April 2015, Euro-Dollar moved from 1.34 to 1.08 – this exchange rate has improved the Eurozone’s competitiveness and growth prospects. The fact that the U.S. is close to exit from the zero lower bound may lead to an increase in interest rates while in the Eurozone and in Japan we’re clearly very far away from it. So, this divergence in monetary policies explains most of the movement in exchange rates.

Legacies of the Great Recession are still in place in many countries. There is still a downward pressure on domestic demand and growth from a weak banking sector and high levels of debt.


In addition to consumption, infrastructure could be a key driver of the resumption of real activity growth and job creation in advanced and emerging economies going forward.  Read more…

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Source: Astana Economic Forum

Written by asiafreshnews

July 7, 2015 at 10:15 am

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The Chemours Company Marks Planned Spin-Off by Ringing the NYSE Opening Bell

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WILMINGTON, Del., June 29, 2015 /PRNewswire/ — The Chemours Company (“Chemours”) today marked its expected spin-off from DuPont on July 1, 2015 by ringing the opening bell at the New York Stock Exchange (NYSE).

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“Just as today’s bell-ringing ceremony signals the opening of a new trading day for the stock exchange, it marks a new and exciting beginning for Chemours as well. In just two days, we will complete our transition to an independent, publicly traded company that has both the wisdom and experience of 200 years as DuPont and the energy of a start-up out to make a name for itself,” said Mark Vergnano, executive vice president, DuPont and chief executive officer designate of Chemours.

“As The Chemours Company, we will enjoy leading market positions in titanium technologies, fluoroproducts and chemical solutions,” he continued, “positions propelled and sustained by our commitment to technology leadership, safer and more efficient processes, leading application development, and world-class products and enabling ingredients. We will be a nimble and responsive corporation that will define our success by our customers’ successes, as well as the value we bring to our shareholders. This is an exciting day for us all.”

Vergnano will ring the NYSE opening bell at 9:30 a.m. ET today, June 29, 2015. A live webcast of The Opening Bell Ceremony (beginning at 9:25 a.m. EDT) will be available at

About The Chemours Company
The Chemours Company is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers in a wide range of industries with market-defining products, application expertise and, chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. Our flagship products include prominent brands such as Teflon®, Ti-Pure®, Krytox®, Viton®, Opteon® and Nafion®. Chemours has approximately 9,000 employees across 37 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe. Chemours is headquartered in Wilmington, Del. For more, information please visit or follow Chemours on Twitter at @chemours.

Forward-Looking Statements
This document contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “believes,” “intends,” “estimates,” “anticipates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about growth strategies, product development, regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and environmental matters, expenditures, financial results and the anticipated date for Chemours common stock to begin trading on a “regular-way” basis on the NYSE, are forward looking statements. Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those projected in any such forward looking statements are: (i) risks related to the anticipated timing of the separation through spin-off of Chemours, (ii) risks that the conditions to the separation are not satisfied, (iii) the risk that the expected benefits from the separation may not be fully realized or may take longer to realize than expected; (iv) continued validity of a private letter ruling from the IRS, which DuPont has received from the IRS, and the receipt and continued validity of a tax opinion, in form and substance acceptable to DuPont, and (v) additional factors described in DuPont’s and Chemours’ filings with the SEC. Neither DuPont nor Chemours undertakes any duty to update such forward-looking statements as a result of future developments or new information.

The DuPont Oval Logo, DuPont™, Teflon®, Ti-Pure®, Krytox®, Viton®, Opteon® and Nafion® are registered trademarks or trademarks of DuPont or its affiliates.


Robert Dekker
Global Corporate Communications Leader

Alisha Bellezza
Director of Investor Relations

Source: The Chemours Company

Written by asiafreshnews

July 7, 2015 at 10:12 am

Posted in Uncategorized