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Archive for June 2016

TUV Rheinland Japan Announces Japan’s First Ever Testing and Certification Services for Vehicle Mounted Camera-Monitor Systems to Start on July 11

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YOKOHAMA, Japan /PRNewswire/ — Responding to the amendments to UN Regulation UN-R46 04 series, which took effect on June 18, 2016, TUV Rheinland Japan Ltd. announced that it is to begin offeringtesting and certification services for onboard camera-monitor systems from July 11. The services will be the first testing and certification services for onboard camera-monitor systems to be provided by a third-party certification body in Japan based on the amendments being made to UN-R46 04 series.

UN-R46 is a set of regulations based on an international agreement, covering indirect vision devices for road vehicles. The most significant change accompanying the amendments is the possibility now of manufacturing mirrorless cars. In Europe, CMS has been conditionally permitted in place of mirrors, such as for the front of vehicles, whereas in Japan it was not permitted at all. With the adoption of UN-R46, it will become possible to equip vehicles with CMS in place of conventional mirrors in Japan.

Currently automotive manufacturers are actively developing autonomous driving systems. Because CMS features not only providing rear vision but also monitoring vehicle surrounding conditions that form the basis for these technologies, major advances are expected to take place in this market in the future.

To cater to the anticipated increase in demand, TUV Rheinland Japan has made the decision to launch new CMS-oriented services. With experience in testing camera-monitor devices for medical applications, it is capable of carrying out all of the tests needed to meet the requirements for CMS. With these new services, TUV Rheinland Japan will perform approximately 20 test items, including tests regarding the capabilities of the systems to function as human vision and tests concerning display speed.

There is a possibility that CMS displays will go off or become hard to view due to electromagnetic interference or software bugs. Utilizing its experience and competence with EMC testing of various components and ISO 26262 (Automotive Functional Safety) consulting, TUV Rheinland Japan will be providing technical assessments with regard to these issues.

Kazushi Arima, General Manager, Mobility at TUV Rheinland Japan said, “We are proud to make a timely launch of the testing and certification services for camera-monitor systems (CMS) to both vehicle OEM manufacturers and Tier-1 suppliers. The amendments of UN-R46 introducing CMS is a great step forward in automotive technology, not only for driving safety but also for reducing CO2 emissions with smaller air drag coefficient. We will continue to support the development of CMS and its introduction to the market.”

About TUV Rheinland

TUV Rheinland is a global leader in independent inspection services, founded 140 years ago. The group employs 19,600 people around the globe. Annual turnover is nearly EUR1.9 billion. The independent experts stand for quality and safety for people, technology, and the environment in nearly all aspects of life. TUV Rheinland inspects technical equipment, products and services, and oversees projects and processes for companies. Its experts train people in a wide range of careers and industries. To this end, the company operates a global network of approved labs, testing and education centers. Since 2006, TUV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. www.tuv.com

Source: TUV Rheinland Singapore Pte Ltd
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Written by asiafreshnews

June 29, 2016 at 5:17 pm

Posted in Uncategorized

It’s A Hostel, It’s A Hotel… It’s Lub d Phuket Patong

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PHUKET, Thailand /PRNewswire/ — Lub d Phuket Patong hits Phuket, a fantastic destination inThailand, with undoubtably the most creative and unique hostel & hotel experience on July 19, 2016. Located in the heart of Patong beach, it’s just a 3 minute walk to the beachfront and five to Bangla road. True to our name, guests will have a good sleep with comfy beds, a charging station and large lockers in the dorm rooms. Junior or Deluxe rooms offer more privacy with an en-suite bathroom and a relaxing hammock on the Deluxe balcony.

Welcome to Lub d Phuket Patong…the New Era of Hostels
Welcome to Lub d Phuket Patong…the New Era of Hostels

Guests are welcomed by our hosts who are our neighbourhood scouts. Ask them about their favourite off-the-beaten-track beaches, local hangouts, and their favourite eats.

Looking for worry-free travel around Phuket? Our tour desk with STA @ Lub d can provide complete guided tours to top-rated activities such as walking tours, full moon parties, island hopping, and snorkeling.

Rock your night at Rock Salt @ Lub d – Start your night with pre-party drinks designed by our mixologist from our bar and grab our street food-inspired snacks to satisfy your cravings. Our restaurant features a DIY all-day breakfast menu any time you want it.

Beat the post-party effects with a good work out session. Sweat it out with our Thai boxing class at our full size boxing ring in our lobby. Try renting out one of our mountain bikes, or join our activities organised by Lub d team.

We have partnered with Garage Society, Hong Kong to provide you with the best co-working space, so you can continue to build your empire while you travel. With our super fast wifi, with speeds up to 100MB, and meeting room, you can be sure that you’ll stay connected and be able to take care of business.

Experience our cool-down room, see-through swimming pool, shower room, and get a cup of coffee roasted locally in Phuket. There are also 24-hour self service laundry facilities, & a dedicated games area. Share your travel tips and favourite places you have visited in our Lub d Story Box.

Lub d Phuket Patong is original, exciting & unique. With fantastic opening room rates, the time to book is now. Experience the difference today at Lub d Phuket where we understand today’s new generation traveller. Rates from $28.40 USD room / night for a private room and just $12.78 USD bed /night for a dormitory until July 31, 2016.

Contact:

Lub d Phuket Patong
Tel +66 26357373 ext.514
Email: contact.patong@lubd.com
Website: http://lubd.com/patong
Facebook: LubdHostel

Photo – http://photos.prnasia.com/prnh/20160627/8521604195

 

Source: Lub d Phuket Patong
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Written by asiafreshnews

June 29, 2016 at 5:10 pm

Posted in Uncategorized

Golden Meditech Announces FY2015/2016 Annual Results

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-Continuing Operations Remained Solid and Expected to Enhance Overall Competitiveness
-Sales of Discontinuing Operation to Bring Significant Return and Diversify Investment Opportunity

HONG KONG /PRNewswire/ —

For the Year Ended 31 March

Change

%

2016

2015

Continuing Operations

Revenue

281,558

269,582

4.4

Hospital Management Service Income

59,688

63,442

(5.9)

Medical Insurance Administration Service Income

5,932

5,845

1.5

Medical Devices and Accessories Sales

210,670

194,406

8.4

Chinese Herbal Medicines Sales

5,268

5,889

(10.6)

Gross profit

129,068

129,344

(0.2)

Loss before interest, taxes, depreciation and amortisation

(181,401)

(694,798)

(73.9)

Loss attributable to the Company’s equity shareholders

(405,561)

(863,747)

(53.0)

Basic loss per share (in HK cents)

(17.2)

(49.6)

(65.3)

Golden Meditech Holdings Limited (SEHK stock code: 00801, TWSE stock code: 910801) (“Golden Meditech” or the “Company”, together with its subsidiaries, the “Group”), a leading integrated healthcare enterprise in China, announces today its annual results for the year ended 31 March 2016 (the “Year”).

During the Year, the results from continuing operations were in line with management’s expectations. The Group’s total revenue from continuing operations increased by 4.4% year-on-year to HK$281,558,000, which was mainly driven by the medical devices segment.

Mr. Kam Yuen, Chairman and Chief Executive Officer of the Group, said, “The healthcare services market is growing rapidly in China due to the increasing aging population, the improving living standard in rural areas and the growing income as well as health awareness. Private healthcare enterprises are well positioned to benefit from the deepening of Chinese healthcare reforms, in terms of relatively relaxing and optimising policies. As a leading integrated healthcare enterprise in China, we endeavor to enhance our operating excellence and efficiency by tapping on the potential of each of our business segment, with the view to improve operating performance. In addition, we are committed to integrate our existing resources to ready us for the opportunity arising from the development of bio-medicine and high performance medical device industry. Our strategy is identifying opportunities to invest in the enormous healthcare market. Likewise, our Group will actively explore growth potentials arising from the healthcare value chain in order to create values for our shareholders.”

Over the past few years, the Group decided to suspend several potential acquisition opportunities after considering the execution and commercialisation risks of various target projects. The maturing cord blood storage services have gradually gained recognition from international market as well as consumers in China. Consequently, the Company submitted a non-binding privatisation proposal to the board of directors of China Cord Blood Corporation (“CCBC”) (the “Proposed Privatisation”) in April 2015. The Group desired to increase its exposure in the cord blood storage sector in China. This has been achieved through the acquisitions of all of the 7% senior convertible notes issued by CCBC (the “CCBC CN”) and certain number of ordinary shares of CCBC between May 2015 and January 2016. Through the financing from open offer and issuance of promissory notes, the Group paid a total consideration of approximately US$334,454,000 (equivalent to approximatelyHK$2,608,741,000) for the above-mentioned acquisitions. Accordingly, assuming all the CCBC CN were fully converted, the equity interest in CCBC held by the Company would reach 65.4%.

During the process of the Proposed Privatisation, the Group was approached by Nanjing Xinjiekou Department Store Co., Ltd. (“Nanjing Xinjiekou”) in respect of the disposal of its 65.4% fully diluted equity interest in CCBC. In light of meeting Nanjing Xinjiekou’s ultimate goal of holding the entire equity interest in CCBC, the Company and Nanjing Xinjiekou further negotiated and agreed that the Company would procure and facilitate the completion of the Proposed Privatisation. In January 2016, the Company entered into a conditional sale and purchase agreement with Nanjing Xinjiekou regarding the disposal of its 65.4% fully diluted equity interest in CCBC to Nanjing Xinjiekou for a total consideration of approximately RMB5,764,000,000 (equivalent to approximatelyHK$6,917,000,000) (the “Proposed Disposal”). In return, Nanjing Xinjiekou intends to issue 134,336,378 shares to the Group together with a cash payment of approximately RMB3,264,000,000 (equivalent to approximatelyHK$3,917,000,000). At the same time, the Company also entered into another conditional sale and purchase agreement with Nanjing Xinjiekou, pursuant to which the Group agrees to sell the remaining 34.6% fully diluted equity interest of CCBC to be obtained to Nanjing Xinjiekou, if the Proposed Privatisation is completed, for a total consideration of approximately US$267,076,000 (equivalent to approximately HK$2,083,000,000).

“The Proposed Disposal would bring significant return to the Group,” continued Mr. Kam Yuen. “It represents a lucrative opportunity to the Group to realise its investment in the cord blood storage business. Besides, we also consider that having equity interest in Nanjing Xinjiekou would provide an opportunity for the Group to invest in the ‘Modern Department Store, Healthcare and Elderly Care’ businesses, which will diversify the Group’s investments and may bring a more lucrative return to shareholders.”

Loss attributable to the Company’s equity shareholders from continuing operations was HK$405,561,000, down 53.0% year-on-year. The decrease was mainly attributable to the absence of an one-off impairment provision. The Group recorded a non-cash provision of HK$759,934,000 in relation to its strategic investment in Fortress Group Limited (“Fortress”, a former associate of the Group) in FY2014/2015. No such expense was recorded in FY2015/2016.

Excluding the one-off impairment provision, loss attributable to the Company’s equity shareholders from continuing operations was approximately HK$244,213,000 in FY2014/2015, representing an increase ofHK$161,348,000 year-on-year. Increase was mainly due to: i) the recognition of interest expenses of approximately HK$86,063,000 following the issuance of promissory notes (proceeds was used to acquire additional equity interest in CCBC); ii) professional fees of approximately HK$40,159,000 incurred mainly in relation to the Proposed Privatisation and the Proposed Disposal. Any gain from such disposal will only be recognised once the transaction is completed; and iii) to compensate team members who contributed in various capital transactions up to this date, the Company decided to accrue approximately HK$33,771,000 as special performance bonus.

The board of directors of the Company (the “Board”) did not recommend the payment of a final dividend in respect of the year ended 31 March 2016 in light of the ongoing transaction with respect to the disposal of 65.4% equity interest in CCBC. The Group will receive a total cash and share consideration of RMB5.8 billion upon the completion of the Proposed Disposal. Accordingly, the Board will consider the dividend policy when it happens.

Continuing Operations

Healthcare Services Segment

During the Year, healthcare services revenue decreased by 5.3% year-on-year to HK$65,620,000, accounting for 23.3% of total revenue from continuing operations. Revenue generated from hospital management business and medical insurance administration business were HK$59,688,000 and HK$5,932,000 respectively, accounting for 91.0% and 9.0% of healthcare services revenue respectively.

Hospital Management Business. As Beijing Qinghe Hospital (“Qinghe Hospital”) obtained its license in late 2015, there was no revenue contribution and that affected the operating performance of Qinghe Hospital. Over the years, leveraging on its well-known brand and sound reputation, Shanghai East International Medical Center (“SEIMC”) had achieved a stable development and provided premium healthcare services to the affluent people in Shanghai and the surrounding neighbourhoods. During the Year, SEIMC continued to make revenue contribution to the hospital management business. The management believes the revenue, profit and cash flow of Qinghe Hospital will improve progressively once it is fully operational.

Medical Insurance Administration Business. The Group continued to devote resources to enhance its self-developed intellectualised claim administration system. This fully automated system enables the Group to gain market leadership in the insurance sector, and is widely recognised and accredited by the market and end users. The management expects that the Group will cooperate with more insurance companies once its self-developed medical insurance claim system attains full automation. As a result, the Group will be able to provide convenient and effective services, enhancing its operational efficiency as well as its profitability.

Medical Devices Segment

Medical devices revenue increased by 8.4% year-on-year to HK$210,670,000, accounting for 74.8% of total revenue from continuing operations. In view of the increased competition in the medical devices market, the Group proactively adjusted its marketing strategy and lowered Autologous Blood Recovery System selling price in order to stabilise the sales of medical device consumables. As a result, profit after tax from medical device segment increased marginally by 1.9% year-on-year to HK$43,964,000. With the deepening of the Group’s strategic transformation, the medical devices segment will synergise with the healthcare services segment and is expected to continue to be the corner stone contributor to the Group revenue.

Strategic Investments

During the Year, the Chinese herbal medicines business recorded an operating loss of HK$16,046,000. In April 2016, the Group received a possible land resumption request from the local government in Qingpu District ofShanghai and will work closely with the relevant departments regarding the land valuation. The Group expects to strengthen its cash position from future disposal of the land.

In FY2014/2015, the Company made a full impairment provision of HK$759,934,000 against Fortress. Currently, the Company is actively negotiating with the controlling shareholder of Fortress as well as relevant parties with a view to reach possible settlements and to maximise the recovery of the Group’s interest in Fortress. No definite agreements have been reached as of the date of this announcement.

The management determined to dispose of its non-healthcare related investments and received sales proceeds of HK$159,532,000 from such disposal, bringing an investment return of approximately HK$6,900,000 to the Company.

Cord Blood Storage Business – Discontinuing Operation

(HK$’000)

For the Year Ended 31 March

2016

2015

Cord Blood Storage Business – Discontinuing Operation

Revenue

812,944

800,555

Gross profit

635,261

635,538

Other income

81,549

26,752

Selling and administrative expenses

(399,989)

(338,675)

Impairment loss on available-for-sale equities securities

(10,474)

Profit from operations

306,347

323,615

Finance costs

(3,739)

(9,070)

Changes in fair value of financial liabilities at fair value through profit or loss

(597,170)

(263,976)

(Loss)/profit before tax

(294,562)

50,569

Income tax expense

(62,706)

(61,035)

Loss for the Year from discontinuing operation

(357,268)

(10,466)

The Company obtained shareholders’ approval for the Proposed Disposal on 15 June 2016. In this connection, the cord blood storage business has been classified as discontinuing operation. The Proposed Disposal is expected to be completed on or before 31 December 2016. Revenue from discontinuing operation wasHK$812,944,000, up 1.5% year-on-year. Loss for the Year from discontinuing operation was HK$357,268,000, which was mainly attributable to fair value changes on convertible notes issued by CCBC. Excluding fair value changes on convertible notes, profit for the Year was HK$239,902,000, compared to HK$253,510,000 the year before.

Outlook

Looking ahead, Mr. Kam commented, “Leveraging on our pioneer edge in the healthcare industry, the Group will not only explore viable opportunities and integrate resources along the healthcare value chain, but also optimise the allocation of the Group’s resources and diversify its healthcare services business. We believe these strategies will further consolidate the Group’s leading position in the integrated healthcare industry.”

About Golden Meditech Holdings Limited (SEHK stock code: 00801, TWSE stock code: 910801)

Golden Meditech (www.goldenmeditech.com) is a leading integrated-healthcare enterprise in China. It is a first-mover in China, having established its dominant positions in the medical devices market as well as the healthcare market, thanks to its strengths in innovation and market expertise and the ability to capture emerging market opportunities. Going forward, Golden Meditech will continue to pursue a leading position in China’shealthcare industry both through organic growth and strategic expansion.

SEGMENT RESULTS

Information regarding the Group’s reportable segments for the periods ended 31 March 2016 and 2015 is set out below:

(HK$’000 )

Continuing

Operations

Discontinuing
Operation

Total

Medical Devices

Hospital
Management

Medical Insurance
Administration

Chinese Herbal
Medicines

Cord Blood

Storage

2016

2015

2016

2015

2016

2015

2016

2015

2016

2015

2016

2015

Revenue from External
Customers

168,707

175,619

59,688

63,442

5,932

5,845

5,268

5,889

812,944

800,555

1,052,539

1,051,350

Inter-segment Revenue

41,963

18,787

41,963

18,787

Reportable Segment
Revenue

210,670

194,406

59,688

63,442

5,932

5,845

5,268

5,889

812,944

800,555

1,094,502

1,070,137

Reportable Segment
Profit/(Loss)

52,473

58,599

(137,910)

(110,844)

(37,359)

(33,243)

(16,046)

(32,107)

306,347

323,615

167,505

206,020

Depreciation and
Amortisation for
the year

8,440

8,560

60,535

49,200

10,305

11,070

21,139

22,101

62,940

64,976

163,359

155,907

Impairment Loss on
Trade receivables

95

45

894

421

495

24,830

31,562

26,314

32,028

Impairment Loss on
Property, Plant and
Equipment

2,884

2,884

Source: Golden Meditech Holdings Limited

Written by asiafreshnews

June 29, 2016 at 12:21 pm

Posted in Uncategorized

ASTRI and Huawei Co-host the First International Standard Meeting of 3GPP RAN4 in Hong Kong, Facilitating Migration to 5G Network and Development of Smart City (28 – 30 June, 2016)

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HONG KONG /PRNewswire/ — Hong Kong Applied Science and Technology Research Institute (ASTRI) and Huawei co-host the international standard meeting of 3GPP RAN4 #79AH at Hong Kong Science Park from 28th to 30th June 2016. It is the first time this meeting is held in Hong Kong in its history.

Delegates from global telecommunications operators, equipment manufacturers, mobile terminals and chipset vendors attend the international standard meeting of 3GPP RAN4 #79AH.
Delegates from global telecommunications operators, equipment manufacturers, mobile terminals and chipset vendors attend the international standard meeting of 3GPP RAN4 #79AH.

The 3rd Generation Partnership Project (3GPP) is a global collaboration of telecommunications associations. The scope of 3GPP includes the development and maintenance of standards of Long Term Evolution (LTE) and LTE-Advanced. The 3GPP specification work is done in Technical Specification Groups (TSGs) and Working Groups (WGs). Radio Access Network (RAN) Work Group (WG) 4 works on the radio frequency (RF) parameters and base station (BS) conformance, and derives the requirements for transmission and reception parameters, and for channel demodulation.

Attended by delegates from global telecommunications operators, equipment manufacturers, mobile terminals and chipset vendors including China Mobile, NTT DOCOMO, Vodafone, Huawei, ZTE, Ericsson, Nokia, China Academy of Telecommunications Technology (CATT),  Intel, Qualcomm, HiSilicon, Samsung, MediaTek, Spreadtrum, LG Electronics, Sony and NEC, to name but a few, this meeting is expected to achieve important progress and extensive consensus on Narrowband IOT (NB-IOT) and LTE-Advanced standardisation, thereby contributing to migration to 5G and development of NB-IOT as well as Smart City.

The key topics of this 3-day meeting will cover BS RF conformance testing, radio resource management (RRM) and demodulation performance for NB-IOT; user equipment (UE) RRM, demodulation and channel state information (CSI) reporting for licensed-assisted access to unlicensed spectrum (LAA); and elevation beamforming/full-dimension multi-input multi-output (MIMO) for LTE UE demodulation in LTE-Advanced.

The 3GPP is vital for the network migration from 4G to 5G. The discussion outcomes will have significant impacts on the 5G network development direction which will contribute to evolution on the Smart City development. NB-IOT technology enables a range of Internet of Things (IoT) applications in Smart City such as smart metering, smart parking, vending machine, to name but a few. ASTRI strives to develop R&D projects in the area of information and communications technologies (ICT). ASTRI is also working on R&D projects on NB-IOT technology and initiatives that will contribute to the development of Smart City that benefits the general public.

Media Enquiries:

For enquiries, please contact:
Ms Cherry Au
Tel: (852) 3406 2993
Email: cherryau@astri.org

About ASTRI

Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’scompetitiveness in technology-based industries through applied research. ASTRI’s core R&D competences in various areas are organised under seven Technology Divisions, namely Communications Technologies, Electronics Components, IC Design (Analog), IC Design (Digital), Opto-electronics, Security and Data Sciences, and Software and Systems. Five areas of applications including financial technologies, intelligent manufacturing, next generation network, health technology, and smart city are identified for major pursuit. For further information about ASTRI, please visit www.astri.org

Photo – http://photos.prnasia.com/prnh/20160628/8521604202-1

Source: Hong Kong Applied Science and Technology Research Institute
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Written by asiafreshnews

June 29, 2016 at 12:21 pm

Posted in Uncategorized

Disruptive Technologies Are Transforming Downstream Industry

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-Finding Your Digital Sweet Spot

SINGAPORE /PRNewswire/ — Asian refiners and petrochemical players are constantly looking for new ways to improve operational performance and asset longevity. The agenda for the 9th Annual Asian Downstream Week is designed to help them achieve these objectives. It is a two-day, triple stream technical conference and exhibition organised annually by World Refining Association (Clarion Events).

The region’s largest conference and exhibition for the downstream refining and petrochemical industries will take place on the 26-27 October 2016 as part of the Singapore International Energy Week organised by Singapore’sEnergy Market Authority, which is expected to attract over 15,000 visitors this year.

This year’s agenda will revolve around the theme: “Achieving Operational Excellence through Digital Transformation” with an in-depth focus on the following key sub themes:

  • Digital Manufacturing & Automation
  • Connected Supply Chain
  • Operational Excellence & Asset Optimisation

“Our recent research indicates that Asia’s downstream oil and gas industry wants to eliminate as many manual systems as possible with the ultimate aim of going fully digital in functional areas such as operations, maintenance, reliability and safety“, says Tanushree Mulraj, programme director for Asian Downstream Week.

She continues: “Asian Downstream Week continues to adapt to market conditions that drive the industry to continue to look for new opportunities. This is one of the main reasons that industry executives and experts attend our show year on year.”

With a wider focus on the petrochemical industry (including specialty chemicals) and new focused stream on automation and digitalisation, Asian Downstream Week 2016 will showcase keynotes and presentations led by leading industry experts on the two-day, three track conference programme which includes:

  • Claus J. Nehmzow, Digital Innovation Organisation Asia Pacific, BP Singapore Pte Ltd
  • Vishal Mehta, Head of Digital Strategy, Architecture and Technology, Reliance Industries Limited
  • Vikas Prabhu, CIO – Oil, Gas and Retail, Essar Group
  • Martin Hawkins, COO, HMEL
  • Dr Kishor Dongaonkar, VP – Technology Center of Excellence, Reliance Industries Limited
  • P S Moorthy, Engineering Services Manager – Downstream Manufacturing, Shell Eastern Petroleum
  • Dr. Werner Reimann, Senior Expert Application Development Fuel Additives, Clariant Produkte 
  • Selva Guru, Principal Engineer, Singapore Refining Company
  • Sharul Rashid, Principal Engineer – Instrument and Control, Petronas Penapisan Terengganu
  • Abdullah Dhafer, Operational Excellence Leader, Saudi Aramco
  • Sudhagar Raghavan, Manager – Global Lean & Operational Excellence, BASF
  • Mai Tuan Dat, Production Manager, Binh Son Refining & Petrochemical
  • Charles Nie, E-business and Supply Chain Optimization Manager, Covestro

Refiners and petrochemical players have also stated their other objectives such as, improved enterprise connectivity, increased real-time analytics and enhanced collaboration by oil and gas and chemical staffs that historically did not interact much or exchange best practices.

Adopting appropriate new technologies can help them achieve their objectives by providing the basis for business process reengineering, improved performance and potentially, a competitive advantage. Refiners and petrochemical companies have significantly improved operational performance with higher reliability, business process automation, and even more transformative changes.

Asian Downstream Week will also feature an interactive exhibition by top information technology, process automation and manufacturing solution providers. Hear and see presentations made by leading industry experts on the latest technological developments at the FREE-to attend technical seminar that is also happening on the exhibition floor.

With over 50 speakers, 30+ international exhibitors and 600 attendees, Asian Downstream Week will once again bring together key players in the oil & gas, refining and petrochemical industries to discuss business-critical issues including: project development, margin improvements, energy efficiency, and integration of petrochemical complexes.

As one of the region’s largest downstream-focused events, Asian Downstream Week is the ideal platform for networking, seeking partnerships for joint ventures, and learning the latest technologies.

Event dates and location:

Conference:

26-27 October 2016

Location:

Sands Expo & Convention Centre, Singapore

Event website:

www.downstream-asia.com

For more information, interviews and media accreditation:

Marketing & Communications
Jaclynn Ng
Clarion Events Pte Ltd
Email: Jaclynn.Ng@clarionevents.com
Tel: +65 6590 3970
Fax: +65 6223 9196

Source: World Refining Association (Clarion Events)

Written by asiafreshnews

June 29, 2016 at 12:14 pm

Posted in Uncategorized

GSB to Host the World Saving and Retail Banking Institute (WSBI) Annual Meetings 2016: Banking in 21st Century in Bangkok

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BANGKOK  /PRNewswire/ — The Government Savings Bank Thailand (GSB) in cooperation with the Tourism Authority of Thailand and the Port Authority of Thailand will host the World Savings and Retail Banking Institute (WSBI) Annual Meetings 2016: Banking in 21st Century in Bangkok, from June 30 to July 1, 2016.

The 23rd World Savings and Retail Banking Institute (WSBI) Annual Meetings
The 23rd World Savings and Retail Banking Institute (WSBI) Annual Meetings

 

The events serve as a great opportunity for the GSB to demonstrate its leadership of the three conferences: WSBI Presidents Committee, Board of Directors and General Assembly. The summit meeting by the regional savings banks will discuss savings and the retail finance system and WSBI members are invited to attend.

The WSBI is a non-profit organization that acts as an agency to represent and coordinate banks or international financial institutions to promote support for savings and counts among its members 110 financial institutions from 80 countries worldwide.

Its Board of Directors consists of 23 ordinary members and four alternate members, all together 27 members who are selected in bi-annual by WSBI meetings, held once in the first half and once in the second half of the year. The WSBI’s current president is Mr. Heinrich Haasis, who is also President of the German Savings Banks Association (Federal Republic of Germany).

Mr. Chatchai Payuhanaveechai, President & CEO of GSB and Mr. Isara Wongrung, Senior Executive Vice President of Personal Customer Group at GSB have been selected by the WSBI to serve on the Board of Directors, which has a term of three years starting from September 24, 2015 until September 24, 2018.

It is a great opportunity for the Government Savings Bank Thailand (GSB) to demonstrate how to build trust and confidence across Asia and Asia Pacific in investing in Thailand.

Photo – http://photos.prnasia.com/prnh/20160627/8521604191

 

Source: Government Savings Bank

Written by asiafreshnews

June 29, 2016 at 12:10 pm

Posted in Uncategorized

New Print Technology and Methodologies for Graphics Art, 3D Printing and Signage at PrintPack+Sign

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SINGAPORE /PRNewswire/ — PrintPack+Sign (PP+S) 2016 is the only event in Singapore that showcases the latest industry equipment, technology, materials, creative ideas, designs and services.

Sparked by the need to respond to dynamic market changes and new innovative technologies in the printing, packaging and signage sectors worldwide, Singapore aims to open up significant opportunities, through a dedicated trade show.

Organised by BizLink Exhibition Services Pte Ltd, a subsidiary of Singapore Press Holdings, the three day event will take place from 29 June to 1 July at Marina Bay Sands, Sands Expo and Convention Centre, Level 1 Hall B.

The Print & Media Association, Singapore (PMAS) leads the Singapore Pavilion with 43 Singapore companies.

Winston Lim, General Manager, BizLink Exhibition Services, said: “We are very pleased to have garnered such strong support from the industry for our second edition of PP+S, and would like to thank PMAS for their support in leading the Singapore Pavilion.

Discover New Print Technology and Methodologies — Graphics Art, 3D, Signage

OKI gets creative with its Pro Series graphic arts printer, the Pro9542. Launching at PP+S 2016, the Pro9542 is a professional, A3+ digital graphic arts printer engineered for commercial print quality, short run production printing on-demand — part of the new Pro Series line-up.

“Comprising vibrant five-colour technology and innovative printing processes, the Pro9542 offers printing companies and creative businesses the flexibility to take creative printing to a whole new level while also improving their own business performance,” says Oscar Tan, OKI Marketing and Communications Manager forSoutheast Asia and Hong Kong.

Also launching at PP+S 2016 is the MarkForged Mark Two Industrial Strength 3D Printershowcased byChemtron. Designed to print parts with the strength of metal, it is the world’s first 3D printer capable of printing continuous carbon fibre, Kevlar®, and fibreglass. Using a patent pending Continuous Filament Fabrication print head alongside a Fused Filament Fabrication print head, the Mark Two can create functional parts by combining their specially tuned nylon with continuous fibre filaments.

Serving the signage industry is Epson’s newly launched SureColor S-Series S80670 presented by CAS Technology. The only printer in its range with Red and Orange ink, this next generation, high-performance, eco-solvent signage printer with the widest colour gamut will set to astound with true-to-life colours in every brilliant printout!

Epson, the a global technology leader dedicated to driving innovations and exceeding customer expectations in printing, visual communications, quality of life and manufacturing will also be showcasing their SureColor F-Series large format textile printer and commercial and industrial label printers at PP+S 2016.

Versatile Papers for a Range of Printing Outcomes

A new paper — Elation, from the UK — will be showcased by Sunway Papers at PP+S 2016. Elation is a tactile high-grade and versatile felt-finished paper, perfect for high-end corporate communications. The range includes a variant with base pigment to boost ink tones. The 100% post-consumer waste option offers extra confidence in sustainability and the 100% Cotton Deckle Edge offers an option for Fine Art print work.

For a completely environmental-friendly paper option, visitors can drop by Spicers Paper’s booth to check out The Rock Paper. Naturally manufactured from Calcium Carbonate (CaC03) powder, it is tree-free, waterproof, mildew-proof and has a luxurious feel.

Suitable for offset printing and finishes like traditional wood pulp fibre, The Rock Paper is also photodegradable. If left under sunlight for a period of 3 months, it will disintegrate into pieces!

Gain Insight on Packaging Design

Step into the world of packaging design as Creativeans presents Packaging Lab, an exhibition that provides visitors an insightful peek into their packaging design approach. Participate in a guided tour of the exhibition and gain an understanding of the various key stages and design considerations that go into a packaging design project.

Visitors can also look forward to see both industry and institutional (Orita Sinclair and Temasek Polytechnic) creative packaging design products and prototypes at The Packaging Showcase.

Visitors can value-add their visit by attending informative seminars on printed electronics, 3D printing, visual branding and packaging design conducted by experienced presenters.

Apart from attendees from the printing, packaging and signage arena, PP+S is also targeted at direct corporate buyers from the advertising, design, entertainment, retail, education, F&B, healthcare, IT, shipping & transport industries.

Admission is free and restricted to trade and corporate visitors only. Visitors may register on-site on show days be presenting their business card at the registration counters.

PrintPack+Sign 2016

Date:

29 June — 1 July 2016

Venue:

Marina Bay Sands

Sands Expo and Convention Centre

Level 1, Exhibition Hall B

10 Bayfront Avenue, Singapore 018956

Opening Hours:

29 — 30 June (Wed – Thu): 10.30am — 6.30pm

1 July (Fri): 10.30am — 5.30pm

Admission:

Open to trade and corporate visitors only. General public and minors below the age of 16, whether accompanied or not, will not be permitted entry.

Registration:

Free admission badge

On-site, 29 June — 1 July 2016.

Visitors to fill-in the Visitor Registration Form and present their business cards at the registration counters.

Images at: https://goo.gl/fT7TTD

For more information, please contact:
Melissa Teo (Ms)
Assistant Marketing & Communications Manager
BizLink Exhibition Services Pte Ltd
DID: +65 6848 5936
Email: melissa@bizlink.com.sg

Germain Chong (Ms)
Marketing Executive
BizLink Exhibition Services Pte Ltd
DID: +65 6848 5257
Email: germain@bizlink.com.sg

About BizLink Exhibition Services Pte Ltd

BizLink Exhibition Services Pte Ltd is Singapore’s leading exhibition organiser in the fields of gifts and premiums, stationery and office solutions, printing, packaging and signage, and also in the sector of franchising and licensing.

By enhancing our exhibition and event management expertise with alliances and other capabilities, we help move clients forward to achieve their business aims. With a dynamic team having over 30 years of collective relevant experience, deep industry and business expertise, broad media resources and a proven track record, BizLink Exhibition Services is fully committed to providing utmost quality services, delivering exceptional results.

Source: BizLink Exhibition Services Pte Ltd

Written by asiafreshnews

June 29, 2016 at 11:48 am

Posted in Uncategorized