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Archive for January 25th, 2016

e-Shang and the Redwood Group Announce Strategic Merger–Creates Foremost Pure-play Pan-Asia Logistics Real Estate Platform

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SHANGHAI, SINGAPORE and TOKYO  /PRNewswire/ — Two of the leading developers, owners and operators of logistics real estate in Asia, e-Shang Cayman Ltd (“e-Shang”) and the Redwood Group Asia, Pte. Ltd. (“Redwood”), announced today that the two companies have completed an all-stock merger. Upon completion of the merger, the combined group will be renamed e-Shang Redwood (“ESR”) and will represent one of the largest logistics real estate platforms in Asia with over 3.5 million square meters of projects owned and under development across China, Japan and South Korea, and capital and funds management offices in Hong Kong and Singapore.

e-Shang Shanghai Friends Park
e-Shang Shanghai Friends Park


Redwood Osaka Nanko Distribution Park
Redwood Osaka Nanko Distribution Park

On a combined basis, ESR will also immediately have (i) one of the largest development pipelines in each of its markets of operation (totaling approximately 8 million square meters), (ii) leading MNC tenants including Amazon,, 1haodian, H&M, Carrefour, DB Schenker, Daimler, Askul, and others and (iii) a well-diversified, blue-chip institutional capital partner base including but not limited to APG, PGGM, CPPIB, Morgan Stanley and Goldman Sachs.

e-Shang, founded in 2011 by global private equity firm Warburg Pincus and two highly successful Chinese real estate entrepreneurs, develops institutional-quality warehouses in China and South Korea. Since its inception, e-Shang has grown rapidly and currently has over 2 million square meters of modern logistics warehouses in operation and under development that cater to third-party logistics providers, retailers and e-commerce companies in China. Today, e-Shang is the largest third-party landlord for the leading e-commerce companies as well as for cold-chain logistics, and it has emerged as one of the top owners of modern warehouses acrossChina.

To fund its growth, e-Shang has previously raised capital from its co-founder Warburg Pincus and other world-class investors including Goldman Sachs, APG and CPPIB. In 2014, e-Shang entered the South Korean market, partnering with two experienced local entrepreneurs to build out Kendall Square Logistics Properties and currently has over 600,000 square meters of projects under development and a pipeline of over 1.0 million square meters. In November, e-Shang announced the creation of a US$500 million joint venture with APG and CPPIB to build out its large pipeline in the Korean market.

Founded in 2006 by Stuart Gibson and Charles de Portes, Redwood is a specialized logistics real estate firm with recognized knowledge and experience that includes in-house development, leasing and asset management with 1.2 million square meters in operation and under development and a large pipeline in the most prime locations across China and Japan.

Redwood’s founders are considered pioneers in the development of institutional-quality warehouses in Asia, having founded both Prologis and AMB platforms in Japan in 1999 and 2003, respectively, and have executed more than US$4 billion of logistics real estate investments in the region since the late 1990s. With acceleration of the growth in Redwood’s business, the founders took on Equity International (“EI”) as a strategic partner in 2013. EI is a leading emerging markets real estate fund chaired and sponsored by Sam Zell. Redwood also secured other large fund and project-level investment partners including PGGM, Morgan Stanley, PAG and CBRE.

Jeffrey Shen, co-founder and CEO of e-Shang, and Stuart Gibson, co-founder and CEO of Redwood, will serve as co-CEOs of the combined company. In addition to the co-CEOs, Sun Dongping (co-founder and Chairman of e-Shang) and Charles de Portes (co-founder of Redwood who will serve as President of ESR) will comprise a 4-member executive committee that will focus on developing ESR’s large pipeline and business initiatives acrossAsia while continuing to grow its broader team and global capital relationships. The respective best-in-class senior management teams in each country will remain in place to execute the day-to-day operations from offices in Shanghai, Guangzhou, Hong Kong, Tokyo, Osaka, Seoul and Singapore.

Mr. Shen commented: “The long-term demand for modern warehousing is significant and our vision is to be a ‘client-first’ platform with the goal of identifying and delivering integrated logistics warehousing solutions acrossAsia Pacific for our clients. The partnership with Redwood will add significant AUM, pipeline and equity relations as well as management and operational expertise to the team and I look forward to working closely with the Redwood founders to take the merged company to the next level as the leading real estate logistics player in the region.”

Mr. Sun added: “Both e-Shang and Redwood have built best-in-class platforms in their respective markets and we believe strongly in the potential for the combined company. I would like to personally welcome Stuart, Charles and the larger Redwood family.”

Upon completion of the merger, e-Shang and Redwood will have complementary and differentiated geographic footprints to cater to the needs of leading e-commerce players, modern retailers and third-party logistics players inChina, Japan and South Korea. The merger will provide enhanced operational capabilities and business relationships resulting in better service and added value to clients and investors.

Mr. Gibson and Mr. de Portes made a joint statement: “We are excited to partner with the teams at e-Shang, securing a market-leading position from which to offer our clients best-in-class services across Asia and a strong platform for future growth.”

Jeffrey Perlman, Managing Director at Warburg Pincus, added: “We continue to strive to build the preeminent logistics platform in Asia and the merger will yield significant benefits for the combined group with enhanced integrated capabilities, deeper capital relationships and greater scale in advance of a targeted IPO.”

The rapid growth in e-commerce, greater supply chain efficiencies and consolidation by third-party logistics providers are the major drivers for the growing demand of modern logistics real estate players such as e-Shang and Redwood. The industry estimates that the online retailing sector alone will grow at a CAGR of 31% from 2015 to 2018 in China, 11.3% for Japan and 9.2% in South Korea.

About e-Shang

e-Shang, headquartered in Shanghai, China, is a fully integrated development and investment management business with expertise in a wide real estate spectrum in Asia. e-Shang was co-founded by global private equity firm Warburg Pincus and two Chinese entrepreneurs in 2011, and was invested by the Dutch pension fund asset manager APG Asset Management N.V. in May 2014. Since inception, e-Shang has grown rapidly and currently has 20 e-commerce, retail, cold distribution centers and projects totaling over 2.3 million square meters in operation and under development in China and South Korea. For more information on e-Shang, please visit

About The Redwood Group

Redwood, founded in 2006 by Charles de Portes and Stuart Gibson, is operated by senior local professionals inSingapore, Japan and China. Redwood, along with its preeminent global institutional investor partners, invests in, develops and manages logistics real estate in the largest metropolitan areas of Asia most tied to and growing fastest with global trade. Additional information about Redwood may be found at:

Media Contacts:

Anyi Wang:

Emma Larsson:

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Source: Redwood Group Asia

Written by asiafreshnews

January 25, 2016 at 5:33 pm

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CPA Autralia: China’s Small Businesses Confident, Innovative and Tech Savvy

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MELBOURNE, Australia  /PRNewswire/ — New survey data released today by CPA Australia showsChina’s small business sector is maintaining a positive economic outlook, with a strong focus on innovation, e-commerce and social media — all key drivers of economic growth.

The findings, from CPA Australia’s annual Asia-Pacific Small Business Survey, follow extensive surveying of nearly 3,000 small business operators in Malaysia, Vietnam, Indonesia, Hong Kong, Singapore, Australia, New Zealand and mainland China.

CPA Australia chief executive Alex Malley says the survey results show there is real strength in the small business sector in China, with confidence higher than it was last year and appearing set to continue for some time.

“We surveyed small business operators in Beijing, Shanghai, Guangzhou and Chongqing. The results show thatChina’s small businesses have had a successful 12 months, with 77 per cent of respondents reporting that they grew over this period,” Malley says.

“Looking to 2016, the results are even more positive, with 78 per cent of small businesses expecting to grow in the year ahead.

“Confidence in China’s economy is also very high, with 71 per cent of respondents expecting the economy to grow in 2016.

“This positive outlook is translating into jobs, with 43 per cent of China’s small business sector reporting that they increased employee numbers in the past 12 months.

China’s small businesses are the second most likely of the markets surveyed to innovate, with 32 per cent of respondents definitely expecting to innovate through the introduction of a new product, service or process in the next 12 months that is unique to China or the world. This result is well above the survey average of 22 per cent.

“Small businesses across China are also taking advantage of the large and growing online marketplace and with their nearly universal uptake of social media, are well-placed to out-compete less nimble and tech savvy competitors.

“The range of initiatives China’s government has implemented or is implementing to encourage growth and innovation, such as the Belt and Road initiative, the promotion of mass entrepreneurship and innovation, and the ‘Made in China 2025′ plan should further inculcate a culture of innovation and entrepreneurship amongst China’ssmall businesses. Such a culture should help drive the next phase of China’s economic growth story.”

Key findings from the survey for China include:

  • 97 per cent of respondents use social media for business purposes, compared with the survey average of 81 per cent
  • 36 per cent of respondents expect to grow their e-commerce presence to a large extent, compared with the survey average of 32 per cent
  • 90 per cent of respondents earned revenue from online sales, compared with the survey average of 69 per cent

The CPA Australia Asia-Pacific Small Business Survey provides annual insights into the views of small businesses across the region and forms part of a longitudinal study that began in 2009.

Media contact: Stuart Dignam on +61-434-003-911 or

Source: CPA Australia

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January 25, 2016 at 12:18 pm

Posted in Uncategorized

Thailand Public Anti-Corruption Commission to Use Wynyard Software

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-Wynyard software will help Thai government prevent and combat internal corruption

AUCKLAND, New Zealand /PRNewswire/ — Wynyard Group (NZX: WYN), a market leader in crime fighting software and services, has today announced an agreement with Thailand’s Public Anti-Corruption Commission ( PACC), for its Investigative Case Management solution to help tackle internal corruption within the government.

PACC was established as part of the Thai Ministry of Justice to prevent and combat corruption in the public sector and is primarily responsible for the cases relating to government officials. PACC is also responsible for driving the national strategy across all relevant government agencies, to ensure they apply policies and measures aimed at preventing and combating internal corruption.

Wynyard’s software will be used to assist with the anti-corruption investigations focused on civil service and local authorities across various government and public service departments.

The Thai government selected Wynyard’s case management software to provide a single, integrated solution capable of steamlining multiple processes and delivering the security to allow specification of access rights on every individual piece of evidence and information stored.

The Wynyard solution will enable the PACC teams to work together and share case information across the organisation, discover new lines of enquiry, and ultimately close cases and investigations faster.

Wynyard Group Chief Executive Officer (CEO) Craig Richardson says this win reflects the growing global reputation Wynyard has for helping customers solve serious crime problems.

“Wynyard’s technology is used by government agencies across the world and we are delighted that the Thai government has chosen to use it to help tackle corruption in the public sector. We are increasingly being recognised as the market’s leading serious crime investigations and intelligence software product platform.”

Wynyard’s powerful Investigations Case Management software has been developed in conjunction with leading law enforcement agencies. The software has been used to manage complex investigations including trafficking, drug smuggling, organised crime, covert operations,  Royal Commissions and Independent Inquiries as well as extensively by regulatory, intergovernmental and enforcement agencies.

For more information visit

Source: Wynyard Group

Related stocks: NewZealand:WYN

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January 25, 2016 at 12:09 pm

Posted in Uncategorized

3 Women, 3 Lives, all 3 equally need to get their routine Pap smear. Do you?

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MONTREAL /PRNewswire/ – We are proud to be launching an International cervical cancer prevention campaign called #SmearforSmear, raising awareness in a fun way and serving as a reminder to womeneverywhere to get their routine pap smear. Everyone has women in their lives that they cherish; show your support by uploading a lipstick smear selfie on social media nominating your friends, family, and colleagues, to do the same, showing the women in their lives, they are loved.

Together we can help prevent cervical cancer
Together we can help prevent cervical cancer

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“Cervical Cancer can be PREVENTED and DETECTED before turning into a full-blown cancer. 500,000 cases per year in the world is way too many for a preventable and detectable disease” affirms Teresa Norris, Founder and President of HPV Awareness.

Cervical cancer survivor Brigitte Leclerc shares, “The hardest thing I ever had to do is tell my two teenagers I had cervical cancer. If I hadn’t gone to my doctor and got my routine pap smear for sure I would not be here today. If you don’t hear about it, and no one puts the message out there about it, it could happen to you”. Every year, almost 400,000 Canadian women receive a call that their Pap smear (also known as a Pap test) result is abnormal.

For more information about cervical cancer and the #SmearForSmear campaign;


To participate-





Put your lipstick on

Smear your lipstick and take your #SmearForSmear ‘selfie’

Make any size of donation by clicking here:

Every dollar helps!

On January 24, share your selfie on Instagram, Twitter and/or Facebook.

Use this phrase:

Prevent cervical cancer w/ @HPV_VPH. Get your Pap smear. #SmearForSmear

I nominate @(insert friend’s name)

#SmearForSmear is a campaign developed by Jo’s Cervical Cancer Trust, the UK’s only dedicated charity supporting those affected by cervical cancer and cervical abnormalities; Visit

HPV Awareness, founded in 2002, the only bilingual Registered Charity in Canada providing education programs in every demographic about the human papillomavirus (HPV) in the context of healthy relationships, informing people of all ages of HPV and cervical cancer screening. Your donation will be used to develop educational tools for youth, it will also provide financial relief to Canadian families of women fighting cervical cancer, and will contribute to helping medical students in developing countries so that they can spread awareness by promoting and providing cervical cancer screening.

For information and interview requests, contact Amélie McFadyen;

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Source: HPV Awareness Corporation

Written by asiafreshnews

January 25, 2016 at 11:45 am

Posted in Uncategorized

Should Small Businesses Utilize Emojis in Online Marketing?

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-The answers by PR Newswire’s Small Business PR Toolkit contributing author Heather Wied

NEW YORK /PRNewswire/ — Many small businesses have resolved to increase their online marketing efforts in 2016 in order to build awareness and boost their brand’s profile. From creating a company blog to establishing a presence on social media, there are several strategies to explore when determining the best approach to take.  For small businesses in the pursuit of higher levels of audience engagement, one tactic worth exploring is the use of emojis in their online marketing messages.

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Marketing Director for Pubsoft, Heather Wied, discusses the benefits of an emoji marketing strategy and provides tips on when best to use them. In her most recent article posted to the PR Toolkit, “Embrace Emojis in Your Online Marketing,” Wied delves into the following:

  • Step 1: Know your emojis.  Emojis that seem innocuous can carry a different meaning than what is explicitly pictured and Wied suggests familiarizing yourself with the meanings of each before jumping on the emoji bandwagon. Sites like can help provide further context and meaning.
  • Step 2: Cadence. Treat this tactic as you do others, and ensure your cadence doesn’t impact the overall effectiveness of your efforts. Wied suggests reserving emoji usage for lighter marketing messages in order to emphasize a particular point.
  • Step 3: Alignment. Ensure this concept aligns with your other marketing tactics. Messaging and audience fit is a must. Social platforms like Twitter are a great way to embrace emojis and take simplistic messages to the next level.

For further discussion on the benefits of emoji marketing and tips to incorporate them into your overall strategy, read Wied’s post here.

PR Newswire’s Small Business PR Toolkit is a comprehensive resource that provides small businesses and entrepreneurs the tools to develop an affordable public relations and marketing plan that helps generate interest from potential customers, engage with key audiences and grow their businesses. The toolkit features relevant content such as informative white papers, interactive webinars and how-to articles and premium access to educational resources, as well as the opportunity to take advantage of special offers designed specifically for small businesses. To request information on how PR Newswire can help your small business, click here. You can receive updates on new Small Business PR Toolkit content by following @prnsmallbiz on Twitter.

About PR Newswire
PR Newswire ( is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world’s enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.

Amanda Eldridge
Director, Strategic Channels
+1 201-360-6906

Source: PR Newswire Association LLC

Related stocks: LSE:UBM OTC-PINK:UBMPY

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January 25, 2016 at 11:41 am

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Entry to Anadolu Agency’s Istanbul Photo Awards Still Open

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ANKARA, Turkey /PRNewswire/ —

International photography competition run by Anadolu Agency saw 12,000 applications last year

(Logo: )
(Photo: )
(Photo: )

The deadline for entries for the Istanbul Photo Awards 2016, the international news and sports photography contest organized by Anadolu Agency (@anadoluagency), is January 31, 2016.

A combined $58,000 in prize money is available for the first, second and third placed photographer in each of four categories; news single, news story, sports single and sports story as well as the “Photo of the Year”.

Applications can be submitted at

The category prizes are:




Third Place

 News Single:




 News Story:




 Sports Single:




 Sports Story:




The winner of the “Photo of the Year” award will also receive $8,000.

The Istanbul Photo Awards (@IstPhotoAwards) is Turkey’s only international news and sports photography contest. Last year’s competition received around 12,000 applications from professional photographers based in more than 100 countries.

-Jury of the “Istanbul Photo Awards 2016” announced 

Director of the Shanghai Center of Photography Liu Heung Shing, Getty Images executive Georges De Keerle, AFP director of photo business development Michel Scotto, as well as Guillaume Herbaut, a World Press Photo prize winner, Anadolu Agency visual news editor-in-chief Ahmet Sel and photography editor Fırat Yurdakul return as jury members.

Pulitzer laureate Daniel Berehulak joins this year’s jury as the 2015 winner of the competition’s “Photo of the Year” prize as well as Newsweek magazine photo editor James Wellford, director of photography at French newspaper Le Monde Nicolas Jimenez, and Laurent Van der Stockt, who has been awarded the Excellence-Journalism Prize fromColumbia University.

“Istanbul Photo Awards 2015” Photobook published

Last year’s outstanding images have been published in the Istanbul Photo Awards 2015 photo-book. The award-winning news photo album reflects the most important events of 2014 in the world, and attracts attention with its colorful sports images. Daniel Berehulak’s photograph on the Ebola epidemic in Liberia is the cover photo. Taken for The New York Times, the image captures the drama of the outbreak and was selected as “Photo of the Year 2015” at the Istanbul Photo Awards.

Winners’ photographs have been displayed at the Shanghai Center of Photography as well as major international airports in Turkey.

Esra Kireçci

Source: Anadolu Agency

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January 25, 2016 at 11:00 am

Posted in Uncategorized

UN Women’s HeForShe IMPACT CEOs from Fortune 500 companies reveal gender data

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DAVOS, Switzerland /PRNewswire/ — Ten of the world’s leading companies have released new workforce gender diversity figures, including details on leadership roles and board membership, in UN Women’s inaugural HeForShe Parity Report. The unprecedented disclosure was announced at the World Economic Forum inDavos, where many of the firms’ heads gathered alongside Phumzile Mlambo-Ngcuka, Under-Secretary-General and Executive Director of UN Women, and UN Women Goodwill Ambassador Emma Watson.

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Last year at the 2015 UN Women session at Davos, UN Women unveiled the HeForShe IMPACT 10X10X10 initiative to galvanize momentum in advancing gender equality. HeForShe created the IMPACT 10X10X10 initiative to engage 10 key decision-makers in governments, corporations and universities around the world to drive change from the top.

The Corporate Impact Champions have made gender equality an institutional priority since they signed up, and the transparency displayed in Davos will help them measure commitments and inspire action from other employers. The report figures show that a large gap remains between the representation of women in the workforce at large, and in leadership positions. Although overall representation of women averaged 39.7 per cent across the 10 firms, the proportion of senior leadership roles held by women ranged from a low of 11 per cent to a high of only 33 per cent. While this group outperforms global averages, UN Women has set parity–as part of its gender equality drive for a 50-50 Planet by 2030–as the goal and the individual company commitments reflect a variety of pathways to achieve this.

The group of 10 companies includes: AccorHotels, Barclays, Koc Holding, McKinsey & Company, PricewaterhouseCoopers, Schneider Electric, Tupperware Brands, Twitter, Unilever and Vodafone.

“I salute the courage of this group to reveal their equality profiles and their evident dedication to make radical change. They lay bare in specific detail what we know to be the global norm – women are chronically under-represented in leadership roles and in formal employment overall. Through their experiences, we can identify and scale solutions to transform sectors, and eventually, achieve an equal world. They are shaping what corporate leadership looks like on this issue,” said Phumzile Mlambo-Ngcuka, Under-Secretary-General and Executive Director of UN Women.

The UN has made this type of partnership a key part of achieving its 2030 Agenda for Sustainable Development, which prioritizes gender equality as both a stand-alone goal and as an integral part of other goals. The transparency displayed in the announcement is therefore crucial for measuring progress.

Recognizing both the importance of this topic and the critical need for progress, IMPACT Champions have taken a bold stance on transparency. They have committed to periodically and publically share standard figures on gender representation.

Other findings from the report include:

  • 40% of Tupperware’s Board and 61% of its new hires are women, bringing it the closest to parity on these measures out of the group.
  • AccorHotels and Tupperware Brands have achieved board parity (between 40-60%) today. Across IMPACT Champions, women hold 28.6% of Board seats.
  • Across all companies, women represent 39.9% of new hires. Four companies have achieved parity in their new hires: Barclays, PwC, Tupperware and Unilever.

Four figures were selected as a standard baseline across all 10 companies, providing both a holistic workforce view as well as a detailed examination of key roles. This analysis includes three figures that explore the current representation of women, and one leading indicator, which illustrates the direction of the company going forward. Each company shared information from their completed 2014 reporting cycle. This date provides a common starting point for all companies and shows the gender composition at the outset of IMPACT 10x10x10. Corporate IMPACT Champions are reporting gender representation across:

  1. The overall company
  2. Senior leadership
  3. Board
  4. New hires


Sebastien Bazin, Chairman & CEO, AccorHotels, said:

“I am strongly convinced that women should be free to realize their career prospects and given the same opportunities as their male peers. As the CEO of AccorHotels, I have the capacity and the duty to push further for real change.”

Jes Staley, CEO, Barclays, said:

“As a leader, husband and father, I believe that enabling true gender equality is a responsibility we all share. At Barclays, our partnership with the UN and support for HeForShe are indicative of the strength of our commitment to ensuring women can contribute fully to society, to industry and global economies.”

Dominic Barton, Global Managing Director, McKinsey & Company, said:

“Our commitment to diversity and inclusion is a part of our firm’s history and daily practice. I see it as the business of executives to set clear goals and strive to reach them, even though we know it won’t be easy.”

Dennis Nally, Chairman, PWC International Limited, said:

“Part of my personal commitment is to move the needle on gender equality. HeForShe at PwC will harness the immense power of our network to promote inclusion and foster greater equality.”

Jean-Pascal Tricoire, CEO, Schneider Electric, said:

“Companies have a key role to play as ‘change agents’ to build a world where gender equality is a reality. It is a question of determination. Leading by example and engaging more men in these challenges will be one of my key priorities.”

Rick Goings, CEO, Tupperware Brands, said:

“Some things just cannot wait. Men must stand up now for women’s equality. Why am I a HeForShe Champion? Not just because I can’t wait, but because I will not wait.”

Adam Bain, COO, Twitter, said:

“Twitter is honoured to partner with HeForShe. I look forward to the day when both my daughter and my son can enter the workforce in an environment where women have just as much opportunity as their male counterparts.”

Paul Polman, CEO, Unilever, said:

“I am personally passionate about the HeForShe initiative, which is in line with Unilever’s ambition to empower 5 million women by 2020. I will use my voice to encourage sons, husbands, brothers and fathers to pledge their support and take action.”

Vittorio Colao, CEO, Vodafone said

“At Vodafone, we are committed to greater gender equality among our employees. I pledge to continue to drive forward these initiatives with the support of all our employees aligned to the HeForShe campaign and to champion our commitments personally.”

Tragically, Mustafa Koc, Chair of Koc Holding and an ardent supporter of UN Women, died at the age of 55 in the days before the event. He had been a dedicated IMPACT Champion and contributed a huge amount to the report and its launch in Davos. UN Women expresses its deepest condolences.


UN Women is the UN entity dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. For more information, visit


Created by UN Women, the HeForShe solidarity movement for gender equality provides a systematic approach and targeted platform on which men and boys can engage and become change agents towards the achievement of gender equality. HeForShe invites men and boys to build on the work of the women’s movement as equal partners, crafting and implementing a shared vision of gender equality that will benefit all of humanity. For more information, visit


IMPACT 10x10x10 engages key decision makers at governments, corporations and universities around the world to drive change from the top. IMPACT Champions make gender equality an institutional priority, committing to real change within and beyond each of their organizations. Each IMPACT Champion implements the HeForShe IMPACT framework and develops three bold, game-changing commitments to advance and ultimately achieve gender equality for all. Measurement and transparency will be at the heart of these commitments, so successful initiatives can serve as models for the political, corporate and academic world.

Media Contact
Tara Mullins
Ogilvy Public Relations
+1 646-520-6468


UN Women

Written by asiafreshnews

January 25, 2016 at 10:43 am

Posted in Uncategorized

IBS Software Inks Multi-Year Contract With SunExpress

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-IBS’ Product to Power the European Airlines’ Passenger Reservations

ANTALYA, Turkey /PRNewswire/ — IBS Software (IBS) has been selected by SunExpress Airline, the joint venture of Turkish Airlines and Lufthansa, as its Passenger Services System (PSS) provider. The multi-year contract for the engagement was formally signed yesterday by SunExpress Managing Director Jaan Albrecht, SunExpress Deputy Managing Director Ahmet Çalışkan and VK Mathews, Executive Chairman – IBS Group in Antalya, Turkey. The engagement will see IBS implement its Passenger Services System (PSS), iFly Res, for integrated reservations, ticketing, and departure control operations. IBS’ platform will replace the existing legacy system, allowing SunExpress to open up new revenue streams from both its charter and scheduled flights business.

The new-gen Passenger Services System (PSS) will considerably augment SunExpress’ interline and codeshare capabilities. The airline would also be well positioned to significantly increase its revenue by providing flexibility to sell different ancillary services, improving speed to market for new sources of revenue and enhancing efficiency through the automation of most manual processes.

For the first time in aviation history, a major Passenger Services System (PSS) will natively support New Distribution Capability (NDC) and thus address the industry’s current distribution limitations. New Distribution Capability is a travel industry-supported program launched by IATA for the development and market adoption of a new, XML-based data transmission standard which will allow SunExpress to distribute even complex ancillary services to agents and other NDC consuming instances.

IBS, which recently received $170 million private equity investment from Blackstone, has a global presence with nearly 3,000 professionals across nine offices and provides a range of new-generation software products to some of the world’s best airlines, busiest airports, leading cruise lines, major travel distributors and top oil & gas companies.Turkey based SunExpress, with its subsidiary SunExpress Deutschland based in Frankfurt, Germany operates both scheduled flights and charter business and carries around nine million passengers per year, serving more than 110 cities in Turkey and mostly in Europe, the Red Sea, Canary Islands (Spain), Greece, Tunisia, Bulgaria and Oman.

Speaking at the signing ceremony, SunExpress Managing Director Jaan Albrecht said, “We have had healthy and successful growth during the last four years and as a part of our growth strategy, we decided to change our reservation system to allow for an improved contribution to our daily business by generating more revenue and enhancing sales channels with our business partners. As a result of this, we are delighted to enter into cooperation with IBS and look forward to fully using the capabilities of the new system to enhance our passenger experience and improve our revenue.”

“The contract has been inked after an intense evaluation process, which demonstrates that the investments we are making in iFlyRes and other products to enable the ‘Digital Airline’, are on the right track. Our outstanding record of delivering value to our customers, as well as the professionalism and commitment of our people has made us a trusted transformation partner among some of the iconic names in the industry. I look forward to a successful partnership with SunExpress,” said VK Mathews, Executive Chairman – IBS Group.

More information on IBS is available at

Media contact
Bratati Ghosh
Chief Marketing Officer, IBS


Source: IBS Software
Related Links:

Written by asiafreshnews

January 25, 2016 at 10:33 am

Posted in Uncategorized