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Archive for September 8th, 2016

The Sazerac Company Acquires The Last Drop Distillers

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HONG KONG /PRNewswire/ — The world’s most exclusive spirits brand, The Last Drop Distillers Limited, is today announcing its acquisition by Sazerac — one of the world’s top selling global spirits brands, and one of New Orleans’ oldest family-owned, privately-held companies.

The world’s most exclusive spirits brand, The Last Drop Distillers Limited announces its acquisition by The Sazerac Company.
The world’s most exclusive spirits brand, The Last Drop Distillers Limited announces its acquisition by The Sazerac Company.
The investment that will be injected into the craft spirits brand through the acquisition will accelerate its ambitious growth plans whilst also allowing the existing Last Drop Distillers team to continue to run the business autonomously, with the small, personal operation remaining intact.

The Sazerac Company portfolio includes a range of global spirits brands: this acquisition will allow the company to extend its portfolio into the super-premium, craft market as well as expand its European footprint.

The Last Drop Distillers is a family-run company dedicated to discovering and bottling some of the most exclusive spirits in the world. Spirits pioneers James Espey and Tom Jago founded the company in 2008 after long and successful careers in the industry. Between them they created some of the world’s best-loved spirits brands, including Johnnie Walker Blue Label, Chivas Regal 18 Year Old, The Classic Malts, and, with Malibu and Baileys Irish Cream, two of the most original and successful new drinks categories in the world. Today, the company is run by their two daughters, Beanie Espey and Rebecca Jago.

The Last Drop Distillers story is now at an important stage. Having established its brand and business model, the company is looking towards accelerated growth as global demand for luxury goods continues to rise. This was recently acknowledged by the appointment of the former CEO of Morrison Bowmore Distillers, Mike Keiller, as a Board Director.

Mark Brown, president and CEO of The Sazerac Company said: “We are very excited to be partnering with such industry legends as Tom and James. Equally, we are looking forward to working alongside their daughters Rebecca and Beanie as well as the rest of The Last Drop Distillers team in bringing some of the rarest spirits available to the global consumer market. As a family owned company we fully appreciate the value of a small, engaged and passionate team in a venture such as The Last Drop Distillers and look forward to continuing the excellent progress the business has made since its inception.”

James Espey, Co-Founder and Chairman of The Last Drop Distillers said: “This acquisition marks the next stage of The Last Drop Distillers story that will see us take the brand into the next phase, while retaining and building on our core values of exclusivity, craft and excellence. The existing team of passionate and experienced spirits pioneers will continue to steer the direction of the brand, while the investment allows us to grow our international footprint and broaden our opportunities to search for the rarest spirits in the world.”

The Last Drop Distillers’ existing Asian distribution arrangements will not be affected by the sale.

About The Last Drop Distillers Limited

The Last Drop Distillers Limited specializes in discovering and hand-bottling the finest, rarest and most exclusive spirits from remote cellars and warehouses across Scotland, and the rest of the world. The team’s quest is rigorous and painstaking, choosing only liquids that are old and rare, but fresh and delicious, a juxtaposition that makes The Last Drop collection truly unique.

The Last Drop collection currently includes:

Release VI The Last Drop 50 Year Old Double Matured Whisky
Release V The Last Drop 1967 Glen Garioch Single Malt
Release IV The Last Drop 48 Year Old Blended Scotch Whisky
Release III The Last Drop 50 Year Old Blended Scotch Whisky
Release II The Last Drop 1950 Cognac
Release I The Last Drop 1960 Blended Scotch Whisky

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Source: The Last Drop Distillers Limited
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Written by asiafreshnews

September 8, 2016 at 6:04 pm

Posted in Uncategorized

New Tektronix Oscilloscope in Stock at RS Components Delivers High-end Test and Measurement Capabilities

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-Next-generation general-purpose scope ideal for applications in design engineering, research and development, and education

SINGAPORE /PRNewswire/ — RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has added a new digital storage oscilloscope from Tektronix to its test and measurement portfolio. The TBS2000 targets a wide range of uses including troubleshooting, and as a general-purpose oscilloscope for prototyping, debugging and design validation of new products. The new scope can also be used in educational environments to provide students with hands-on experience in electronics engineering.

The Tektronix TBS2000 is a next-generation basic oscilloscope that features the longest record length and largest display in its class, which provides for faster signal evaluation and troubleshooting.
The Tektronix TBS2000 is a next-generation basic oscilloscope that features the longest record length and largest display in its class, which provides for faster signal evaluation and troubleshooting.
The Tektronix TBS2000 is a next-generation basic oscilloscope that features the longest record length and largest display in its class, which provides for faster signal evaluation and troubleshooting. The TBS2000 builds on the success of the TDS2000 series — one of the most widely used oscilloscopes on the market — to provide enhanced design capabilities that were not previously available in this class of instrument. It also delivers high usability, including features such as a large display for easy signal visualisation and a comprehensive set of automatic waveform measurements that are coupled with graphical explanations to help engineers better understand their measurements.

The TBS2000 oscilloscope is available in a variety of models offering 70 or 100MHz bandwidth or with two or four channels. The scope also offers a 9-inch WVGA display, which can display 15 horizontal (time) divisions that allow users to view 50 per cent more signal than any other scope in its category. A 20-Mpoint record length with single-knob pan and zoom allows users to capture long-time-duration signals and provides easy navigation to help users locate important details.

Other key features include support for the Tektronix VPI probe interface, the first time this has been available for a low-cost Tektronix oscilloscope, which allows users to use a wide range of Tektronix active probes at an affordable price. Additionally, the new ‘Help Everywhere’ context-sensitive configurable help utility provides on-screen tips for important settings. Finally, the unit’s Wi-Fi dongle support provides wireless connectivity and allows educators to quickly and easily set up electronics engineering labs for students, as well as enabling engineers to take advantage of the instrument’s LXI-compliant interface to conveniently control the oscilloscope remotely.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.

Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2016 had revenues of GBP1.29bn.

For more information, please visit the website at

Further information is available via these links:


RS Components on Linkedin:

Other Relevant Links:

Electrocomponents plc:

RS Components:


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Source: RS Components
Related stocks: LSE:ECM OTC-PINK:EENEY
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Written by asiafreshnews

September 8, 2016 at 5:59 pm

Posted in Uncategorized

Gravity Supply Chain’s Transport App Offers Real Time Shipping Schedules

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-New Route-to-Market enables shippers and 3PLs to quickly deliver accurate sailing schedules to their clients
HONG KONG /PRNewswire/ — Gravity Supply Chain, a developer of cloud-based apps that helps companies modernize the management of their global supply chains, today released RTM (Route-to-Market), a new tile for its Transport app that provides up-to-date sailing schedules for over 50 major ocean carriers, over 250,000 port pairs covering over 90 percent of the world’s container capacity. Logistics providers can deliver these capabilities directly to their customers as part of their supply chain visibility and execution solutions.

The RTM tile offers a sailing schedules search engine so users can select any global port pair and date range, and instantly see all sailing options. Users can also upload information related to contracted rates with shipping lines to create lists of routes, then filter them by factors like quickest sailing route and cost.

“RTM is the newest feature of our mission to create one data hub that provides our users with the real-time information they need to view, control, share and execute sourcing, supply, transport, inventory and selling activities worldwide,” said COO Darren Palfrey. “This is especially valuable to 3PLs struggling to close the technology gap between what shippers need, and what all but the industry’s largest players can offer.”

The RTM tile is available today at no cost to all Transport app users. Transport is one of Gravity’s suite of apps that make up its cloud-based end-to-end supply chain management and logistics platform.

More Information

Web site:
Gravity blog
LinkedIn and Twitter
White paper “How to Close the 3rd Party Logistics Technology Gap”
About Gravity Supply Chain

Gravity Supply Chain connects your end-to-end supply chain, with apps that are both effective and intuitive. Our suite of cloud-based apps are developed by supply chain people for supply chain people. We make it easy to manage sourcing, supply, transport and inventory activities anywhere in the world. We can also help customers optimize their finance and working capital, mitigate risks and match supply with demand. Companies use Gravity to manage their supply chains end-to-end, not their spreadsheets.

To learn more about Gravity’s suite of cloud-based apps and request a one-on-one demo, please visit

Stephanie Johnson, Gravity Supply Chain Solutions
+852 5966 3400

Source: Gravity Supply Chain
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Written by asiafreshnews

September 8, 2016 at 4:25 pm

Posted in Uncategorized

Real Estate Industry Seen to Grow with New Economic Agenda

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-Plans of new administration expected to improve business climate and boost property industry
MANILA, Philippines /PRNewswire/ — With its swift-growing market, solid economic fundamentals, and political stability, the Philippines provides immense advantages to potential investors who seek alternative markets amidst the global economic uncertainty. With an average investment growth of 10% and a record-high of 15% last 2015, foreign direct investment inflows are seen to rise even further as the new administration addresses macroeconomic bottlenecks through its agenda. According to global real estate services firm KMC Savills, the government’s economic growth plans will create a positive impact on the real estate industry, possibly continuing the boom in the next six years.

“The economic agenda for the country prioritizes countryside development, infrastructure and agriculture growth, and increased government spending. Pair this with the administration’s goal of positioning the Philippines as one of the top three destinations in Southeast Asia for FDI inflows by 2022, and we see a very positive outlook for the real estate industry,” said Michael McCullough, co-founder and managing director of KMC Savills. “The property sector is continuing its growth momentum, led by the strong office space segment in Metro Manila. The industrial sector, which has long lagged behind, is also beginning to pick up as foreign manufacturing companies show eagerness in opening up facilities in and outside of Manila.”

Among the plans of the new administration is to lift foreign ownership rules from 40 to 70 percent, while also lifting limits on land lease from 25 to 40 years. With the ASEAN integration offering the country participation in global production networks, relaxation of foreign ownership restrictions will appeal to investors who look at the global market for goods and services. KMC Savills Head of Research Antton Nordberg believes that this will further open the country up to competition.

“Relaxing restrictions will attract investors in key industries, where they are presently barred from entering and providing competition,” he said. “The world is taking notice of the Philippines as it is a promising investment destination. Raising the cap on foreign ownership will complement this and will further open the economy up to strategic industries, while also making current investors keen on expanding their foothold in the country. In addition to this, easing restrictions on foreign businesses would bring in more foreign investors in public utilities and other infrastructure that need big capital investments.”

Aside from this, the government’s boost in infrastructure spending and countryside development also opens more opportunities for Philippine real estate, as infrastructure eases the costs of logistics for industrial firms. “The industrial and manufacturing sectors have been dormant for a long time, but it looks like it could finally be on the rise,” said McCullough. “About 60 percent of FDI applications over the past five years have been directed in the manufacturing sector, and we believe that this high interest will continue given the new administration’s plans. It is, in fact, probable that the industrial sector will be the next boom. We’re optimistic that local consumption will offset the declining global demand, leading to an industrial real estate growth of 6-7% this year and exponentially after that.”

Nordberg agrees that the real estate industry is in a sweet spot. “The Philippines has a strategic location, a large and fast-growing market, and knowledge of English. Growth rates in the industrial segment could even double in the next years,” he said. “Office spaces will also continue to be on the rise, as we have a 40-million strong workforce and cheap labor.”

According to the Philippine Statistics Authority, there were 442 approved building permits in the first half of 2016 or 11.3% of non-residential buildings. Commercial buildings, meanwhile, account for 59.5%, with a total of 2,326 permits issued for the same period.

KMC Savills’ Q2 Office Briefing also reports that Metro Manila has had an impressive real estate performance during the first half of 2016, showing a positive net absorption of 291,000 sq. m during the first six months of 2016. The quarter has also witnessed tightening vacancy rates, reaching 2.9% from 3.7% last quarter. These may increase in the short-term, with the completion of 259,000 sq. m of leasable space by the end of the year.

About KMC Savills

KMC Savills is an award-winning real estate services firm headquartered in Bonifacio Global City, Philippines and a subsidiary of London-based Savills (LSE:SVS), a leading global real estate service provider. Established in 1855, Savills has over 600 offices and associates around the world. With its vast capabilities in the Philippine market and broad range of transactional services, KMC Savills is widely recognized as the Best in Class Real Estate Agency in the Philippines. For more information about the company, visit

For further information please contact:

Yves Luethi
Vice President
Tel: (+632) 403 5519 loc 126

Source: KMC Savills, Inc.

Written by asiafreshnews

September 8, 2016 at 3:39 pm

Posted in Uncategorized

East Asia Summit: Indonesia to push for Maritime Cooperation

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JAKARTA, Indonesia /PRNewswire/ — The Eleventh East Asia Summit will be held in Vientiane, Laos, on September 6–8, 2016. As a nation aspiring to become a regional maritime power, in Vientiane Indonesia is expected to push in particular for inter-regional cooperation in the maritime sector, reaffirming previous commitments made by ASEAN leaders in last year’s East Asia Summit (EAS) in Kuala Lumpur.

Indonesia to Push for Maritime Cooperation
Indonesia to Push for Maritime Cooperation

In a recent article on the Jakarta Post, the Indonesian Foreign Minister Retno LP Marsudi declared that “Maritime cooperation has been discussed since last year — Indonesia succeeded in convincing ASEAN member states about the importance of maritime cooperation in the context of the EAS.” In fact Indonesia is conscious of the fact that a maritime regime is key to fostering the region’s economic growth.

Indonesia will seek ways to implement its maritime axis plan, as underlined by the government’s recent posture in developing the Natuna Islands, located strategically close to the disputed South China Sea. Vientiane will also be the first ASEAN summit held since The Hague arbitration ruling that dismissed China’s claims in the South China Sea.

The outcome of this summit and much more will be discussed at Marintec Indonesia — held in Jakarta during 23-25 November 2016 – the leading business event and learning platform for the Maritime Industry in Indonesia. Organized by UBM Indonesia, Marintec will gather over 150 local and international companies which will share insight, technology, and create real growth opportunities for Indonesia and the region.

ABOUT the organizer

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organizer 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 network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

Abdi Fajrin
Phone Number: +62 21 2930 5959

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Source: UBM

Written by asiafreshnews

September 8, 2016 at 3:36 pm

Posted in Uncategorized

Team Members Rally Ahead of Parisian Macao Opening

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-Sands China’s new integrated resort opens Sept. 13
MACAO /PRNewswire/ — With The Parisian Macao set to open Sept. 13, Sands China Ltd. held rallies Tuesday and Wednesday at The Venetian® Macao for team members of the new integrated resort. In total, over 6,000 team members attended the two rallies.

Parisian Macao team members attend a team member rally for The Parisian Macao at The Venetian Macao.
Parisian Macao team members attend a team member rally for The Parisian Macao at The Venetian Macao.

Sands China Ltd. President Dr. Wilfred Wong addresses Parisian Macao team members at a team member rally for The Parisian Macao at The Venetian Macao.
Sands China Ltd. President Dr. Wilfred Wong addresses Parisian Macao team members at a team member rally for The Parisian Macao at The Venetian Macao.

Thousands of Parisian Macao team members attend a team member rally for The Parisian Macao at The Venetian Macao.
Thousands of Parisian Macao team members attend a team member rally for The Parisian Macao at The Venetian Macao.
Sands China Ltd. President Dr. Wilfred Wong said: “Providing unforgettable experiences for our guests is what our company does best. And we wouldn’t be able to do it without our team members. They are the glue that holds this company together. It’s their passion and dedication that brings our properties to life, and that’s what brings our visitors back time and time again to enjoy everything that we have to offer.”

In preparation for the opening of the new integrated resort, 3,700 experienced local team members were transferred from Sands China properties to the Parisian’s opening team — a testament to Sands China’s commitment to offering its team members vertical and horizontal career development opportunities. Among them, 750 have been working with the company for 10 years or more, and have extensive experience opening two or three properties.

Also among the opening team are 400 team members from Sands China’s Integrated Resort Career Development Programme, which has provided horizontal career development opportunities in non-gaming departments to over 1,000 table games team members.

In addition, 6,300 team members have been trained with an exclusive Parisian service skills set tailor-designed by a group of service experts, and two product knowledge training courses have been delivered to 4,000 frontline Parisian team members, providing them with additional knowledge about Parisian culture, history, art and architecture.

Sands China continues to drive for managerial localisation, with over 90 per cent of managerial positions at The Parisian Macao held by Macao residents.

Each rally included a fashion show featuring some of the new uniforms for The Parisian Macao staff, a property video, and team-building activities. Representatives from the opening teams of Sands® Macao, The Venetian Macao, The Plaza™ Macao, Sands® Cotai Central and The Parisian Macao wore their respective opening team uniforms and joined together to build an image of all Sands China’s properties. The activity symbolised the joint efforts of team members from different properties in achieving milestones for Sands China. In addition, thousands of Parisian Macao team members showed their team spirit and worked together to form a giant puzzle of the word PARISIAN using finger flashlights.

“I’m really excited about the opening,” said one of the team members in attendance, “I’ve been with the company long enough that this is now my second major property opening. It’s not only exciting to be here when a new property opens, but you end up learning so much from the experience. And The Parisian Macao is going to be an incredible integrated resort. I can’t wait for us to introduce it to the public.”

The rallies not only showcased the dedication and effort of The Parisian Macao’s opening team, but also offered team members the chance to get to know each other better, build greater team cohesion and establish stronger working relationships.

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, and 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.

For more information on The Parisian Macao, visit

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, Sands® Cotai Central and The Parisian Macao. 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, The Venetian Theatre, The Parisian Theatre and the Sands Cotai Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s Cotai Strip portfolio has the goal of contributing to Macao’s transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit

Media contacts:

Corporate Communications, Venetian Macau Limited
Mabel Wu
Tel: +853 8118 2268

Simpson Lei
Tel: +853 8118 2054

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Source: Sands China Ltd.
Related stocks: HongKong:01928 HongKong:01928.HK HongKong:1928 NYSE:LVS OTC-PINK:SCHYY
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Written by asiafreshnews

September 8, 2016 at 3:16 pm

Posted in Uncategorized