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Archive for July 27th, 2016

Public Bank to Launch UnionPay Card in Malaysia

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KUALA LUMPUR, Malaysia /PRNewswire/ — Public Bank, Malaysia’s third largest bank and UnionPay International, a global payment network signed an agreement for UnionPay Debit Card Issuing Business today. With this partnership, Public Bank will be the first local bank to issue UnionPay card in Malaysia.

(From left) Public Bank Bhd Deputy Chief Executive Officer Dato’ Chang Kat Kiam, Public Bank Bhd Managing Director Tan Sri Dato’ Sri Tay Ah Lek, UnionPay International’s Chief Executive Officer, Mr Cai Jianbo and General Manager, UnionPay International Southeast Asia Mr Yang Wenhui at the signing ceremony for UnionPay Debit Card Issuing Business agreement. With this partnership, Public Bank will be the first local bank to issue UnionPay card in Malaysia.
(From left) Public Bank Bhd Deputy Chief Executive Officer Dato’ Chang Kat Kiam, Public Bank Bhd Managing Director Tan Sri Dato’ Sri Tay Ah Lek, UnionPay International’s Chief Executive Officer, Mr Cai Jianbo and General Manager, UnionPay International Southeast Asia Mr Yang Wenhui at the signing ceremony for UnionPay Debit Card Issuing Business agreement. With this partnership, Public Bank will be the first local bank to issue UnionPay card in Malaysia.

PB UnionPay Lifestyle Debit Card and PB UnionPay Savings Account will be launched to cater to the needs for customers and businessmen who frequently travel to China with the convenience of cards over carrying large amounts of cash.

UnionPay’s acceptance across 160 countries and its full acceptance in China encourage Malaysian who travels often, expatriates and inbound students and workers from China to take up these bundled products.

In Malaysia, UnionPay cards issued locally and overseas are accepted at over 90% of ATMs whilst 60% of merchants accept payments by UnionPay cards.

The agreement was signed between Public Bank’s Managing Director, Tan Sri Dato’ Sri Tay Ah Lek and UnionPay International’s Chief Executive Officer, Mr Cai Jianbo at Menara Public Bank with the presence of other management staff of Public Bank and officials of UnionPay International.

Commenting at the launch, Tan Sri Dato’ Sri Tay said, “Being the first local bank in Malaysia to launch UnionPay card once again proves that Public Bank is focused in progressing and improving our core retail business to enhance our customers’ banking experience. It is also a great pleasure in partnering with UnionPay International to offer our customers another new payment option.”

Concurring on the significance of this partnership, Mr Cai Jianbo said, “Malaysia is one of the most important market for UnionPay, with 90% UnionPay card acceptance on ATM, and 60% at POS. This MOU signing with Public Bank Berhad will serve to provide a strong foundation as we continue to localise our business in Malaysia. UnionPay will enable more merchants and increase UnionPay POS acceptance to 90% by end of 2017. We will also issue more cards with local banks, provide more local privileges to improve services and convenience for Cardholders. For innovative payment, we will expedite the launch of e-wallet payments and build an 020 payment ecosystem.”

About UnionPay International

UnionPay International (UPI) focuses on supporting the growth of UnionPay’s global payments business. UnionPay’s acceptance footprint has expanded to 160 countries and regions, covering more than 35 million merchants and over two million ATMs worldwide. With more than 5.4 billion UnionPay cards issued in over 40 countries and regions, UnionPay serves the world’s largest cardholder base by providing quality, cost effective and secure payment services, and ensuring convenient local services to a growing number of merchants.

In ASEAN, UPI has enabled ATM, POS acceptance and card issuance across all 10 countries. For more information about UPI, visit http://www.unionpayintl.com, follow “UnionPay International” on Facebook, Sina Weibo or WeChat, or download its official mobile application by searching for “UnionPay International” on Apple’s App Store or Google’s Play Store.

About Public Bank Berhad

Founded in 1966 by Tan Sri Dato’ Sri Dr. Teh Hong Piow and listed on the Main Board of Bursa Securities Malaysia in 1967, Public Bank Berhad is today the leading financial services provider serving over five million customers in Malaysia. Known for its prudent management and strong corporate governance, Public Bank Berhad continues to be accorded international and domestic awards and accolades.

The Group continues to commit to deliver excellent customer service and to be more innovative in providing superior financial products and services to meet increasingly sophisticated customer demand. For more information, visit http://www.pbebank.com.

For more information, please contact:

Alvin Chia

Dato’ Chang Kat Kiam

Manager

Deputy Chief Executive Officer

UnionPay International Southeast Asia

Public Bank Berhad

Tel: +65-6329-1116

Tel: +6-03-21639797

Email: chiayaoqing@unionpayintl.com

Email: changkk@publicbank.com.my

Photo – http://photos.prnasia.com/prnh/20160726/8521604793-a
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Source: UnionPay International
Related Links:
http://www.unionpayintl.com

Written by asiafreshnews

July 27, 2016 at 11:52 am

Posted in Uncategorized

The Singapore Jewellery & Gem Fair Returns this November

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-Southeast Asia’s most prestigious fair is endorsed by the Singapore Jewellers Association and the Diamond Exchange of Singapore

SINGAPORE /PRNewswire/ — The largest fine jewellery fair in the region, the Singapore Jewellery & Gem Fair, returns for its fourth edition in November this year. The fair takes place from 4 to 7 November 2016 at the Marina Bay Sands Expo and Convention Centre.

Singapore Jewellery & Gem Fair 2016 – the most significant fine jewellery event in the region
Singapore Jewellery & Gem Fair 2016 – the most significant fine jewellery event in the region

Exclusively endorsed by the Singapore Jewellers Association and the Diamond Exchange of Singapore
Exclusively endorsed by the Singapore Jewellers Association and the Diamond Exchange of Singapore

Welcomed notable trade buyers from Australia, China, Indonesia, Malaysia, Singapore and the world over.
Welcomed notable trade buyers from Australia, China, Indonesia, Malaysia, Singapore and the world over.

Retailers, buyers and avid collectors can look forward to a massive selection of fine jewellery from over 200 international exhibitors which will be available at wholesale prices. Exhibitors at the fair will showcase luxurious jewellery collections to everyday wearable pieces by internationally-acclaimed jewellers from Austria, Belgium, Germany, Hong Kong, India, Italy, Japan, Switzerland, Taiwan, Thailand, USA, Singapore and other parts of the world.

The Singapore Jewellery & Gem Fair has grown significantly in terms of visitors as well as buyers over the years. In 2015, the fair attracted 10,018 buyers and achieved approximately S$16 million in onsite sales. Southeast Asia is an emerging market with over US$50 billion worth of jewellery in the region.

“We have seen an increase in the number of trade buyers attending the Singapore Jewellery and Gem Fair, including Poh Kong Jewellery from Malaysia, Pesona Fine Jewelry from Indonesia, as well as local retailers such as Aspial-Lee Hwa Jewellery, Sookee Jewellery and Poh Heng Jewellery. We believe it is important for retailers to source a wider variety of designs to cater to the different needs and demands of their customers. At the same time, retailers can also take the opportunity to learn about and adapt new technologies which help them to expand their offerings with cost reduction,” said Paul Wan, Managing Director, UBM Exhibition Singapore Pte Ltd.

This year, the Singapore Jewellery & Gem Fair will debut the Tools & Equipment pavilion where visitors will be able to learn more about the latest jewellery making techniques and witness the technology behind it. The theme of this pavilion is aligned with the Singapore government’s initiatives to encourage retailers and jewellers to adopt technology such as Radio Frequency Identification (RFID), Augmented Reality, Virtual Try-ons and 3D-printing to improve customer experience and expand their business offerings.

The Singapore Jewellery and Gem Fair is organised by UBM Exhibition Singapore Pte Ltd, a member of UBM Asia, the organiser of the world’s leading jewellery event — the September Hong Kong Jewellery & Gem Fair. It is the only event that is endorsed by the Singapore Jewellers Association and the Diamond Exchange of Singapore.

Pre-registration for the Singapore Jewellery & Gem Fair is now open. To register, click here.

About Singapore Jewellery & Gem Fair

Exclusively endorsed by the Singapore Jewellers Association and the Diamond Exchange of Singapore, Singapore Jewellery & Gem Fair is the largest fine jewellery event in Singapore and the region. In 2015, the event attracted more than 200 exhibitors from 28 countries, targeting the region’s fastest growing high-net-worth population. The fair is organised by UBM Exhibition Singapore Pte Ltd, a member of UBM Asia, the organiser of the world’s leading fine jewellery event, the September Hong Kong Jewellery & Gem Fair.

About UBM Asia (www.ubmasia.com)

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organiser in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 31 offices and 1,300 staff. With a track record spanning over 30 years, UBM Asia operates in 20 market sectors with 230 dynamic face-to-face exhibitions and high-level professional conferences, 21 targeted trade publications, 18 round-the-clock online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

Photo – http://photos.prnasia.com/prnh/20160725/8521604757-a
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Source: Singapore Jewellery & Gem Fair 2016
Related Links:
http://www.singaporejewellerygemfair.com

Written by asiafreshnews

July 27, 2016 at 11:00 am

Posted in Uncategorized

Sands China Ltd. Announces Opening Date for The Parisian Macao

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MACAO /PRNewswire/ — Sands China Ltd. (HKSE: 1928), the majority-held subsidiary of global integrated resort developer Las Vegas Sands Corp. (NYSE: LVS), announced today that its elegant French-themed property, The Parisian Macao, will open its doors on Tuesday, Sept. 13, 2016.

Sands China Ltd. will open The Parisian Macao, its latest integrated resort, on Tuesday, Sept. 13, 2016. Featuring a full array of integrated resort facilities, the property brings the company’s portfolio to 13,000 hotel rooms, more than 850 duty free shops, Macao’s most comprehensive MICE offering, more than 160 food and beverage outlets and restaurants, along with world-class entertainment.
Sands China Ltd. will open The Parisian Macao, its latest integrated resort, on Tuesday, Sept. 13, 2016. Featuring a full array of integrated resort facilities, the property brings the company’s portfolio to 13,000 hotel rooms, more than 850 duty free shops, Macao’s most comprehensive MICE offering, more than 160 food and beverage outlets and restaurants, along with world-class entertainment.
The launch of the newest addition to the Sands China Ltd portfolio of properties on the Cotai Strip marks yet another major milestone in the company’s efforts to support Macao’s development as a world centre of tourism and leisure. The Parisian Macao brings Sands China’s total Macao investment to more than US $13 billion (MOP 104 billion) to date.

Inspired by the magic and wonder of the famed City of Light, The Parisian Macao prominently features a half-scale authentic recreation of the Eiffel Tower. The property’s full array of integrated resort facilities includes 3,000 guestrooms and suites, convention and meeting space, international restaurants, spa, kids’ club, health club, pool deck with themed water park, 1,200-seat theatre, among other amenities. Its retail mall, Shoppes at Parisian, will offer the latest in fashion and couture in a setting reminiscent of the streets of Paris, with an eclectic mix of street artists and entertainers heightening the authentic experience.

Set to become a skyline-redefining landmark on the Cotai Strip, The Parisian Macao fulfils the original vision of Sheldon G. Adelson, chairman and CEO of Las Vegas Sands and Sands China Ltd.

“Our goal to create a large-scale leisure and business destination in Macao, which started with the opening of The Venetian Macao nearly 10 years ago, will be fully realized when The Parisian opens its doors in a matter of weeks,” Adelson said. “It’s unlikely another tourism development with the size and scope of the Cotai Strip will ever be achieved again. I am grateful for the hard work and determination of the countless people involved in this amazing development and the unwavering support of the people and government of Macao. Together, we have truly made history.”

Sands China President Dr. Wilfred Wong said: “The Parisian Macao is a property that will help cement Macao’s position as one of the region’s must-see business and leisure destinations. With the launch of The Parisian Macao, Sands China remains committed to providing unforgettable experiences for our many guests and visitors – from around the world and from right here in Macao. We thank the Macao government for their continued support of our company, and our team members for their dedication and professionalism which bring our properties to life, day in and day out.”

For more information on The Parisian Macao, visit http://www.parisianmacao.com.

About Sands China Ltd.

Sands China Ltd. (HKEx: 1928, Sands China or the “Company”) is a Cayman Islands registered company and is listed on The Stock Exchange of Hong Kong Limited. Sands China is the largest operator of integrated resorts in Macao. The Company’s Cotai Strip portfolio is comprised of The Venetian® Macao, The Plaza™ Macao and Sands® Cotai Central. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company’s integrated resorts contain a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities, a wide range of restaurants, shopping malls, world-class entertainment at the Cotai Arena and The Venetian Theatre, and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s property development projects on Cotai have the goal of transforming it into Asia’s premier entertainment and business destination. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit http://www.sandschinaltd.com.

Media contacts:

Corporate Communications, Venetian Macau Limited

Mabel Wu
Tel: +853 8118 2268
Email: mabel.wu@sands.com.mo

Simpson Lei
Tel: +853 8118 2054
Email: simpson.lei@sands.com.mo

Photo – http://photos.prnasia.com/prnh/20160726/8521604797

Source: Sands China Ltd.
Related stocks: HongKong:01928 HongKong:01928.HK HongKong:1928 NYSE:LVS OTC-PINK:SCHYY
Related Links:
http://www.parisianmacao.com

Written by asiafreshnews

July 27, 2016 at 10:29 am

Posted in Uncategorized

IG Asia in Singapore Has Record Financial Year2016-07-26 09:00

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SINGAPORE /PRNewswire/ — IG Group Holdings plc (“IG”, “the Group” or “the Company”) announces results for the year ended 31 May 2016.

During FY16, IG continued to put up a strong revenue performance across all geographic regions, helped by our more established markets. The Group’s investments in Switzerland, Dubai and Nadex are also beginning to produce returns.

IG Asia Pte Ltd (“The Subsidiary”, “IG Asia”) in Singapore is the third-largest revenue country within the Group. The subsidiary demonstrated the strength of its business model, having its best financial year in the last 9 years.

Tony Lim, Head of IG, Singapore: “I am delighted that the IG Group along with IG Asia performed so well in the past financial year. The local team in Singapore has progressed well over the last 9 years, well-supported by strength in resources and stability of the group. I am excited the business will continue to go in the right direction, and look forward as we celebrate the 10th year anniversary of IG Asia in Singapore this year.”

IG Asia Pte Ltd has expanded its presence in Singapore recently, opening up another office at Marina Bay Financial Centre last October, while continuing to operate its shop-front office at Straits Trading Building. Not only is it the first IG subsidiary to have two offices, but we also have a dedicated education centre in the heart of Raffles Place.

About IG

IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets — including forex, binaries, commodities and CFDs on shares and indices. The head office in London was established in 1974, and we aim to become the default choice for active traders globally. It is an award-winning multi-platform trading company and the world’s No.1 provider in CFDs*. IG is publically listed on the London Stock Exchange (LSE) and is a constituent member of the FTSE 250, with offices across Europe, US, Africa and Asia-Pacific. For more details on the IG10, please visit http://www.ig.com.sg/ig10.

*Based on revenue excluding FX, from published financial statements, September 2015.

ISSUED FOR:
IG (www.IG.com.sg)

BERNARD AW, MARKET STRATEGIST
TEL: (65) 6390 8324
EMAIL: BERNARD.AW@IG.COM

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Source: IG ASIA PTE LTD
Related Links:
http://www.IG.com.sg

Written by asiafreshnews

July 27, 2016 at 10:03 am

Posted in Uncategorized