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Archive for November 9th, 2016

Powerman Asia Duathlon Championships Return to Putrajaya in March 2017

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— Runners, Cyclists, Power Up!
KUALA LUMPUR, Malaysia /PRNewswire/ — The world’s largest duathlon race in the Powerman series, Powerman Asia Duathlon Championships, will return to Putrajaya on Sunday, 5 March 2017. Organised by E-Plus Global Sdn Bhd, over 3,000 local and foreign participants including top global athletes, multi-sport elites and enthusiasts are expected to take part in the run-bike-run race.

Powerman, the pinnacle for duathlon competition globally, is the platform for ardent runners and cyclists to progress and master both sports. The championships held in Putrajaya last March upon a two-year hiatus witnessed the tremendous growth of duathletes in the region, with a record-breaking number of 2,645 participants starting the race, breaking the Malaysia Book of Records for the ‘Largest Participation of Duathlon Championships’ in Malaysia.

“The proliferation of multi-sport athletes in the region is evident due to a growing trend in the multi-sports segment. Powerman is an accessible event for athletes to pursue a greater path by mastering an integrated sport. Putrajaya is one of the admired locations to host Powerman with its picturesque landscape and well-equipped social amenities, giving participants a world-class championship,” said Barbara Lam, Managing Director of E-Plus Entertainment Productions (M) Sdn Bhd.

Four adult categories namely the Individual Classic and Team Relay Classic (10km – 60km – 10km), and the Individual Short and Team Relay Short (5km – 30km – 5km), are available for registration.

Powerkids, the newly introduced grassroots programme for children aged between 5 and 12 will be available in three age categories – 5 to 7-year-old (0.4km – 1km – 0.4km), 8 to 10-year-old (0.8km – 2km – 0.8km), and 11 to 12-year-old (1.2km – 3km – 1.2km). Registration for Powerkids to be announced in December 2016.

Interested participants can register at

The race is organised by rights and license holder, E-Plus Global Sdn Bhd; sanctioned by the International Powerman Association and the Triathlon Association of Malaysia; supported by the Ministry of Tourism and Culture, Malaysia Major Events, Malaysia Truly Asia, Perbadanan Putrajaya, Dorsett Putrajaya, Pullman Putrajaya Lakeside, The Everly Hotel Putrajaya, Spacebib, Train Live Compete, HIGH5, Shinjiru, Spacebib, RunSociety, Beyond Ultron Sdn Bhd, Rudy Project, Suunto, 2XU Compression, iM4U, Running Malaysia Magazine and Cycling Malaysia Magazine.

Source: E-Plus Entertainment Productions (M) Sdn Bhd

Written by asiafreshnews

November 9, 2016 at 4:47 pm

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MAPFest 2016 Features On-Tour Global Art Installations this November

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-Sensing Spiritual Melaka
MELAKA, Malaysia /PRNewswire/ – The eighth Melaka Art and Performance Festival (MAPFest) returns to the majestic city of Melaka from Friday to Sunday, 25 – 27 November 2016, 10AM to 10PM, with world-class artists lined-up to showcase their internationally recognised works. More than 40 artists from 10 countries will muster at St. Paul’s Hill to showcase their global sold-out shows and newly arranged collaborative art performances. All events and performances during the festival boast free admission.

The eighth instalment is set to elevate the festival with greater engagement, allowing visitors to conceive the art spiritually. Creative Director and performance artists Tony Yap said that over the years, works presented in the festival were a stepping stone for the audience and fans to understand the fundamentals of art. “MAPFest has developed a philosophical vigor. The festival is now a rich ground where artists from different disciplines, backgrounds and levels of accomplishment can find a punctum for creation, collaboration, exchange and creative experimentation. Thus reminding ourselves of why we exist and the inexhaustible enthusiasm of life and how it is propelled through art.”

“In recent years, MAPFest was recognised and has received several awards by numerous local and international awarding bodies. The festival has contributed to the growth of the art scene in Melaka and Malaysia and we will continue to undertake this path with hope that more corporations will join us to support the festival financially or in-kind, to share our passion and to cultivate budding artists. Public and private sectors are welcome to join us and play a more active role in uplifting the art industry,” said Andrew Ching, Festival Producer of MAPFest.

MAPFest 2016 will feature various solo and collaborative performances over the 3-day festival. Main highlights include the MAPPING Programme, where performances are site specific and performed in various locations within the vicinity of St. Paul’s Hill; Cerita Pendik 1 & 2, a two hour solo or group performance by artists to showcase their individually unique art; and the finale, Eulogy for the Living, a two hour collaborative performance by all artists, directed by Tony. Other activities including free forums and workshops will be open for public participation.

For more information, visit

Source: E-Plus Entertainment Productions (M) Sdn Bhd
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Written by asiafreshnews

November 9, 2016 at 4:19 pm

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Tomorrow’s Opening: VIETWATER 2016 Expo & Forum welcomes over 400 exhibiting companies specialised in water supply, wastewater treatment, sewerage and purification industries

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HO CHI MINH, Vietnam /PRNewswire/ — Tomorrow, more than 400 exhibiting companies will take part in the 8th edition of Vietnam’s leading international water supply, sanitation, water resources and purification event – VIETWATER 2016 at Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City, Vietnam from 9 to 11 November 2016.

Vietwater 2015 VIP Tour
Vietwater 2015 VIP Tour

Organised by UBM Asia, this is the only trade exhibition, hosted by the Vietnam Water Supply and Sewerage Association (VWSA), with strong support from the Administration of Technical Infrastructure, the Ministry of Construction (MOC), International Water Association (IWA), Southeast Asian Water Utilities Network, Singapore Water Association, IESE, Taiwan Drinking Water Equipment Association, Taiwan Environmental Manufacturers Association and other organisations.

The exhibition expects to welcome over 11,000 industry players who are key decision-makers, leaders, managers, consultants, engineers, professionals and trade-visitors working in water supply, wastewater treatment, purification and sewerage from across the region and the world. All participants will have a chance to exchange and get the latest updates on market trends, innovations, solutions and technologies showcased at 13 international pavilions, including EU, France, Germany, Australia, Finland, Belgium, Japan, China, Singapore, South Korea, Sweden, Thailand and Taiwan, amongst others.

At this 2016 exhibition, participants can learn the latest industry technologies and solutions from 40 topics presented at three-day technical free to attend seminars, workshops, and the first water international conference with the theme “Sustainable Water Supply & Sewerage Development Solutions in the context of Climate Change: Water Resource Degradation, Drought, Saline Intrusion”.

Come and join VIETWATER 2016 from 9:00 am to 5:30 pm on 9-10 November 2016 and from 9:00 am – 4:00 pm on 11 November 2016 at SECC, 799 Nguyen Van Linh, Tan Phu Ward, District 7, Ho Chi Minh, Vietnam. Admission to the exhibition and seminars is free to all trade visitors.

Discover Show Highlights for the three day exhibitions:

Day 1: 09th November 2016

The Opening Ceremony keynote addressed by Ms. Phan Thi My Linh, Vice Minister, Ministry of Construction, Vietnam and VVIP guests, together with distinguished exhibitors, visitors, delegations and media representatives.
VVIP meeting with the participation of government representatives and leaders from different water associations.
10 insightful topics presented at Vietwater Technical Seminar, Seminar Room 1
The co-located exhibition — RE & EE Vietnam 2016 Expo & Forum
Day 2: 10th November 2016

Vietwater 2016 International Conference with the theme “Sustainable Water Supply & Sewerage Development Solutions in the context of Climate Change: Water Resource Degradation, Drought, and Saline Intrusion”
Vietwater Technical Seminars at Seminar Room 1
Vietnam-Australia Workshop on Water Quality Management and Technological Innovation at Meeting Room 2
GEC Workshop at Meeting Room 4
The co-located exhibition – RE & EE Vietnam 2016 Expo & Forum
Exhibitors Networking Party at Main Lobby
Day 3: 11th November 2016

Vietwater Technical Seminar at Seminar Room 2
Small round table on Public-Private Partnerships (PPP) at Meeting Room 4
The co-located exhibition — RE & EE Vietnam 2016 Expo & Forum
Notes to Editors:

About UBM Asia (

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 strong global network of 30 offices and 1,400 staff in 25 major cities. We operate in 21 market sectors with 235 exhibitions and conferences, 28 targeted trade publications, 18 vertical portals for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

The Representative Office of UBM ASIA in Ho Chi Minh City
6th Floor, KN Building, 74 Nguyen Khoai, Ward 2
District 4, Ho Chi Minh City
T: +84 8 5401 2718
F: +84 8 5401 2717

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Source: UBM Asia (Malaysia)

Written by asiafreshnews

November 9, 2016 at 3:10 pm

Posted in Uncategorized

JETCO Joins Hands With CyberSource to Offer the Most Comprehensive Payment Gateway Services for eCommerce in Hong Kong

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-Merchants can now enjoy world-class payment gateway services with advanced fraud management features and payment options, including Visa Checkout and in-app purchase

HONG KONG/PRNewswire/ — Joint Electronic Teller Services Limited (JETCO) proudly collaborates with CyberSource, a Visa Inc. company (NYSE: V) and one of the world’s largest providers of eCommerce payment management services, to capture the growth opportunity in eCommerce and reinforce JETCO as a one-stop provider of eCommerce payment solutions for consumers, businesses and merchants. This agreement helps financial institutions in Hong Kong and Macau to expand their merchant acquiring businesses for online merchants and offer them the latest popular payment options including digital mobile payment options like Visa Checkout and in-app purchase.

This agreement enables the two companies to leverage on one another’s complementary strengths. As a result of coupling JETCO’s extensive bank network and local industry expertise with CyberSource’s world class eCommerce payment platform, the JETCO payment gateway service now caters to the largest range of Hong Kong and Macau online businesses by offering various types of card and alternative payment options in a fast and secure manner. This agreement will also allow JETCO to offer enhanced online payment security featuring CyberSource’s payment tokenisation, as well as rich fraud analytics and real time fraud detection via CyberSource Decision Manager. These value added services will further ensure lower fraud risk and streamline the checkout process, while consumers can enjoy a quick, secure and hassle-free eCommerce online payment journey.

As part of the collaboration, JETCO’s eCommerce merchants will eventually benefit from CyberSource Decision Manager, which features the World’s Largest Fraud Detection Radar to screen transactions against insights from over 68 billion transactions processed by Visa and CyberSource annually.

Teresa Wong, Head of Market Development, CyberSource Asia Pacific, said: “Consumers in Hong Kong are tech savvy and more connected than ever with internet penetration standing at 79%[1], while eCommerce is on the rise with mobile shoppers making 23% more purchases on the go[2]. Hong Kong’s digital commerce space has immense growth potential and merchants are increasingly looking to tap into the growth opportunity in this space. CyberSource is delighted to work with JETCO to enable an enhanced and secure online payment solution so as to support the company’s member banks to achieve its business objectives.”

[1] Consumer Barometer 2015

[2] 2015 Visa eCommerce Consumer Monitor Survey

JETCO Chief Executive Officer Angus Choi described the collaboration as a significant development in JETCO’s payment gateway offerings, saying: “Our collaboration with an industry leader like CyberSource will not only offer our member banks access to advanced payment gateway services, but also provide strong local support while they expand their merchant acquiring business. In order to make eCommerce payment processing easy for businesses, we are always striving to offer total payment solutions suited for the varied business needs of merchants, which will in turn provide consumers a seamless online shopping experience.”

About Joint Electronic Teller Services Limited

Joint Electronic Teller Services Limited (“JETCO”) was established in 1982 by five banks, namely, Bank of China (Hong Kong) Limited; The Bank of East Asia, Limited; OCBC Wing Hang Bank Limited (formerly Chekiang First Bank Limited); Shanghai Commercial Bank Limited and Wing Lung Bank Limited. In 2015, China UnionPay Co. Ltd. became a strategic investor of JETCO. Today, JETCO has over 30 member banks in Hong Kong and Macau and supports a range of banking services to these member banks covering both regions.

JETCO currently operates more than 3,000 ATMs in Hong Kong, Macau and over 20 cities across mainland China offering convenient and reliable local and cross-border ATM services. JETCO also provides a range of value-added services to help member banks deliver innovative and secure online and mobile banking services to their customers. In early 2016, the company launched the JETCO Pay P2P inter-bank platform in partnership with 12 banks, which allows customers of these banks to transfer funds directly to account holders of major local banks anytime and anywhere with just the recipient’s mobile number.

For more details, please visit

About CyberSource

CyberSource, a wholly-owned subsidiary of Visa Inc., is a payment management company. Over 475,000 businesses worldwide use CyberSource and Authorize.Net brand solutions to process online payments, streamline fraud management, and simplify payment security. The company is headquartered in Foster City, California and maintains offices throughout the world, with regional headquarters in Singapore, Tokyo, Miami/Sao Paulo and Reading, U.K. For more information, please visit

Jareth Cheng
Ying Communications

Source: CyberSource
Related stocks: NYSE:V
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Written by asiafreshnews

November 9, 2016 at 12:46 pm

Posted in Uncategorized

Capital Springboard Introduces New Alternative Finance Fund in Singapore For Accredited Investors

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SINGAPORE /PRNewswire/ — Capital Springboard (S) Pte Ltd, a peer-to-peer invoice financing platform for accredited investors, has transacted over SGD$110 million on its platform since its’ pilot testing phase[1]. Launched in June this year, Capital Springboard has garnered strong interest amongst accredited investors and local small and medium-sized enterprises (SMEs). Capital Springboard announced today the introduction of the Pentad Capital Springboard Class[2] for accredited investors in Singapore, through its partnership with Centurion Portfolio Managers. The fund provides exposure to Capital Springboard’s platform via a Cayman Administered fund structure.

“The feedback we have been receiving from investors and SMEs have been extremely encouraging. Investors are continually searching for yield and we’ve provided them a platform that not only provides quality investment but one that diversifies risk across their investment portfolio. Investors on the platform can manage their investment portfolio and risk allocation using our autoinvest technology or manually. Accredited and institutional investors on our platform are making returns of over 20% per annum. Presently, we see an increase in transaction volume of 8 – 10% monthly and I expect this to continue growing by over 150% in the next twelve months. We are committed to delivering a good investment portfolio for our investors and delivering good quality service to qualified SMEs.

Given the growing interest for alternative finance in Singapore, we have partnered with Centurion Portfolio Managers to introduce the Pentad Capital Springboard Class for accredited investors. The new fund is open for subscription and is well-suited for investors looking for managed receivables allocation with high returns to include in their existing portfolios. Capital Springboard is the sole asset within the class, allowing us to provide investors with up-to-the-minute performance snapshots. This is in line with our track record of providing our investors with consistent returns,” said Roger Crook, CEO, Capital Springboard.

In recognition of the success of the platform, Capital Springboard was awarded for “SME Excellence” during the 17th Annual Business Awards by the British Chamber of Commerce and has expanded its’ team in Singapore to cater to the expanding business and client requirements.

Investors on Capital Springboard’s platform include Singaporeans and expatriate high-net-worth-individuals (HNWIs) primarily from Independent Financial Advisors (IFAs) and family offices. Capital Springboard has financed over 1,550 invoices to date from SMEs. These SMEs are from local primary sector industries such as engineering, consumer discretionary, information technology and industrials.

Capital Springboard facilitates trade for SMEs by granting them access to working capital provided by investors. SMEs would have to be Singapore registered and in operation for at least a year, with a minimum turnover of SGD$100,000 per annum. Up to 70% of SME applications are accepted in line of a firm commitment to maintaining the quality of investments. Investors benefit from annualised returns of 11- 25% depending on the grade of risk of the invoice, during a 90 day investment window. Invoice sizes range from a few thousand dollars to few hundred thousand dollars.

In addition to stringent credit screening and debtor rating procedures, the technology being used to disperse risk, known as the automatic investment process mechanism, involves the fractionalization of invoices through algorithms across investors. This leads to proportional investments made across multiple invoices. To maintain the quality of investment, such methodologies effectively minimise the risk involved. Accredited Investors can open a Capital Springboard trading account held by escrow agent, Vistra Trust (Singapore) Pte. Limited, with a minimum investment of SGD$50,000 and withdraw their undeployed funds at any time. Vistra Trust is regulated by the Monetary Authority of Singapore (MAS).

Capital Springboard is backed by Centurion Portfolio Managers, a London based FCA regulated investment advisor. For more information on Capital Springboard, please visit

[1] Pilot testing for the platform started in June 2015. Capital Springboard was launched in Singapore in June 2016. As of 7th November 2016, over SGD$110 million has been transacted on the platform.

[2] The Pentad Capital Springboard Class is available to accredited investors through the Capital Springboard platform, iFAST and Centurion Portfolio Managers. Minimum subscription to the fund is SGD$10,000.

Media Contacts

Prisita Menon
Tel: +65 6221 7310

Sharan Nanwani
Tel: +65 6221 7310

About Capital Springboard

Capital Springboard (S) Pte Ltd was founded in July 2015 and is a Singapore registered company. It is an online marketplace using state of the art technology to allow investors to purchase short term invoices in Singapore. These invoices are from local businesses who sell the invoice at a discount to their face value. Investors realise a return when the invoice is paid by the debtor. Capital Springboard’s founding team has rich experience in the financial services arena, and all participate actively in investments on the platform. As of 7th November 2016, over S$110million was transacted on Capital Springboard. For more information on Capital Springboard visit:

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Source: Capital Springboard (S) Pte Ltd
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Written by asiafreshnews

November 9, 2016 at 11:22 am

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Aegon Introduces Aegon Insights

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HONG KONG/PRNewswire/ — Aegon Direct & Affinity Marketing Services (ADAMS) has rebranded as Aegon Insights to better reflect its enhanced use and application of data, providing a deeper understanding of customers and their channel preferences. As one of Asia’s leading insurance marketing consultancy companies, the new Aegon Insights will continue with the mission of helping its business partners create more customer value, but according to Mr. Richard Ng, President, it was time for a change.

“We’ve always been a customer-centric organization,” he stated in announcing the rebranding, “but as our approach has become more dynamic and in-tune with customer preferences, the time is right to highlight our evolution as a more data-driven organization. We are now providing our business partners with even deeper insight into their customers’ behavior, and our new name is a reflection of that.”
Also behind the new name is a highly qualified team of data scientists who work to turn information and intelligence into actionable insights, paving the way for a more relevant, meaningful customer experience during the insurance purchase journey. Dr. Hongjuan Liu, Regional Director, Customer Analytics & Behavioral Insights, puts it this way: “Instead of just analyzing data reactively, we proactively apply our insights to guide us in designing the customer journey, making sure every contact experience leaves customers feeling heard and in control.”
The cornerstone of Aegon Insights is Aegon IRIS, a proprietary, end-to-end platform that provides data-driven omni-channel insurance distribution. “With Aegon IRIS,” says Mr. Ng, “we help our partners to listen to customers, understand their protection needs and create customized journeys via their preferred channels, keeping the focus on the quality of the experience itself.”
Aegon Insights is the Asia Pacific-based insurance marketing and consulting arm of Aegon, one of the world’s leading financial services organizations, providing life insurance, pensions and asset management. Aegon Insights has operations in Australia, China, Indonesia, Japan and Thailand, with its regional office in Hong Kong.
With expertise in customer journey design and distribution of protection products, Aegon Insights provides solutions for its business partners and their customers; from customer analytics insights with actionable models, integrated distribution platform solutions, innovative product design, marketing campaign and omni-channel distribution design; through to assistance with policy administration and claims management.

Amy Cheung
Director, Marketing

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Written by asiafreshnews

November 9, 2016 at 10:49 am

Posted in Uncategorized