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Archive for November 10th, 2016

The Official Opening of Vietwater and RE & EE Vietnam 2016 in Ho Chi Minh City

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HO CHI MINH CITY, Vietnam/PRNewswire/ — The 8th Vietwater and the 2nd RE & EE Vietnam 2016 Expo & Forum officially kicked off today at Saigon Exhibition and Convention Center, Vietnam, attended by H.E. Mrs. Phan Thi My Linh, Vice Minister, Ministry of Construction; Mr. Cao Lai Quang, Chairman, Vietnam Water Supply and Sewerage Association and Mr. M.Gandhi, Managing Director ASEAN Business, UBM Asia and over 400 participating companies from 38 countries and regions, together with thousands of associations, visitors and media representatives.

2016 Exhibition Opening Ceremony
2016 Exhibition Opening Ceremony
H.E.Mrs. Phan Thi My Linh addressed, “Water and Energy are two important sectors, having direct effect on the development of the economy and community, social security and environment of the country. Especially, in the context of climate change and rising sea levels which are causing negative impact to all countries in the world. The issue of water and energy becomes more imperative due to its huge impact on country’s safety and security. Hence, Vietnam Government has put much effort to improve water resources, develop the renewable energy industry as well as increase and attract more investment in these two sectors”

The event gathers 13 international pavilions to showcase cutting-edge technologies, innovations and solutions in water supply, sewerage, wastewater treatment, energy efficiency and new & renewable energy sectors. Mr. M.Gandhi emphasizes, “The exhibition is 30% larger compared to the last edition in 2015. This is clear indication of Vietnam’s development progress and the confidence shown by international community towards Vietnam.”

Come and register onsite!

Venue: SECC, 799 Nguyen Van Linh, District 7, Ho Chi Minh

Time: 09 – 11 November

Free admission to the exhibition and seminars for all trade visitors!

1st Day Highlight:

The Official Opening Ceremony addressed by H.E. Mrs. Phan Thi My Linh, Vice Minister, Ministry of Construction, Vietnam together with distinguished guests and media representatives.
VVIP meeting with the participation of Government Officers and leaders from Water and Energy Associations.
Vietwater – Technical Seminar including 10 insightful topics at the Technical Seminar room 1, Ground floor, Hall A2.
RE & EE Vietnam – Technical Seminar at Technical Seminar room 2, Ground floor, Hall A2.
RE & EE Vietnam – Vietnam Energy Forum: “Toward Sustainable Energy Development in Vietnam”.
2nd Day Highlight:

Vietwater – Technical Seminar at the Technical Seminar room 1, Ground floor, Hall A2.
Vietwater – International Conference “Sustainable Water Supply & Sewerage Development Solutions in the context of Climate Change: Water Resource Degradation, Drought, Saline intrusion ”
RE & EE Vietnam – Technical Seminar at Technical Seminar room 2, Ground floor, Hall A2.
Vietnam – Australia Workshop on water quality management and technological innovation at meeting room 2, 2nd floor.
GEC Workshop – “Introduction of Advanced Water Treatment Technologies in Japan” at meeting room 4, 3rd floor.
Seminar: “Vietnam: Challenges, Opportunities & Trends” in Wind and Solar Energies by CJR Wind and EVBN.
3rd Day Highlight:

Vietwater – Technical Seminar at the Technical Seminar room 1, Ground floor, Hall A2.
RE & EE Vietnam – Technical Seminar at Technical Seminar room 2, Ground floor, Hall A2.
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.

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Source: UBM Asia (Malaysia)
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Written by asiafreshnews

November 10, 2016 at 4:03 pm

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CBME Industry Seminar Kicks off in Jakarta Targeting to Help Baby Products’ Retailers Grow Their Retail Business

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-Experts from Nielsen Indonesia, W&S Indonesia, Orami by Bilna, TUV Rheinland Indonesia and Kantar World Panel Indonesia to share latest industry trends.

JAKARTA, Indonesia/PRNewswire/ — CBME South East Asia will hold the second FREE-to-attend seminar at Grand Hyatt, Jakarta on 10th November. The seminar series with the theme ‘How to Grow Your Baby Products Business’ brings together leading industry professionals to share their valuable insights to help retailers, distributors and manufacturers to grow their business opportunities in child, baby and maternity industry.

Speaker from Nielsen presenting during seminar organised by UBM Asia at CBME South East Asia 2016
Speaker from Nielsen presenting during seminar organised by UBM Asia at CBME South East Asia 2016
Being the fourth most populous country in the world, Indonesia’s population growth is expected to hit 282 million by the year 2025 with 19% of the total expected population representing newborns, infants and children. Coupled with Nielsen’s latest Consumer Confidence Index of the Southeast Asia region at 110 points (compared to global average of 97 points) and rapid urbanisation, the children, baby and maternity industry is expected to see exponential growth creating a need for premium baby and maternity products.

This trade seminar covers several sessions which include consumer behaviour change of new mothers in Indonesia, industry insights and predictions for the coming years, influence of e-commerce on the maternity and baby industry, turning shoppers into buyers and understanding the standards and regulation for baby products in Indonesia.

Seminar: “How to Grow Your Baby Products Business”
Date: 10 November 2016, Thursday
Time: 1.00pm – 7.00pm (Networking Dinner included)
Venue: Grand Hyatt, Jakarta (Indonesia)

CBME South East Asia’s first industry seminar was held in Kuala Lumpur, Malaysia last October 20 with more than 160 trade professionals from across the country in attendance. The seminar is organised UBM Asia, organisers of CBME Southeast Asia – the region’s only business-to-business trade event for the children, baby and maternity industry.

More information and free registration is available online at

Seminar Agenda:

Seminar Agenda:


Speaking Company

Understanding the Consumer Behaviour in Indonesia

by Rivan Wijaya, Associate Director of Consumer Insights

Nielsen Indonesia

Understanding the Digital Trend of the Baby and Mom Industry

by Indra Kusuma, Business Development Executive and

Ivone Soraya, Research Executive

W&S Indonesia

The Digital Mom: A Deeper Analysis of the Buying Behaviour of Indonesian Mothers

by Andrew Senduk, Group Chief Revenue Officer

Orami by Bilna

SNI (Indonesian National Standard): Understanding the Standards and Regulations for Baby Products in Indonesia

by Dianameci Rista Aristiteka, General Manager of Business Stream Products

TUV Rheinland

Ways in Increasing Buyers

by Fanny Murhayati, New Business Development Director

Kantar World Panel

Press contact:
Melissa Chang (+65 6592 0888 ext.893;
Assistant Marketing Manager, CBME Southeast Asia

Notes to editor:

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 a strong global presence in 24 major cities with 32 offices and 1,300 staff.

With a track record spanning over 30 years, UBM Asia operates in 19 market sectors with 230 events, 28 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.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 12 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Guzhen and Shenzhen, where we organise 90 events. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with 70 events in this region. UBM India teams in Mumbai, New Delhi, Bengaluru and Chennai organise over 20 events every year across the country.

UBM Asia was awarded ‘Asia’s Most Reliable Trade Show Organizer Award’ in Hong Kong’s Most Valuable Companies Awards (HKMVCA) 2016.

About Children Baby Maternity Industry Expo (CBME South East Asia)

Children Baby Maternity Industry Expo (CBME South East Asia) is the first trade exhibition catered exclusively to host professionals in baby, children and maternity products industry. This is the perfect venue for regional and international manufacturers, suppliers and distributors of maternity and baby care products including Toys, Educational Products, baby Carriages, Car Seats, Furniture, Clothing, Footwear, Accessories, Food and Healthcare Products to meet face-to-face and do business.

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Written by asiafreshnews

November 10, 2016 at 3:31 pm

Posted in Uncategorized

Honor Announces Gala Promotional Sales in 16 Countries

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-Leading smartphone e-brand plans largest global promotion to millions of customers and fans across the world
SHENZHEN, China /PRNewswire/ — Global Smartphone brand Honor announced plans for its Honor Gala sale, held annually across its global network of e-commerce platforms. The event, which will start on November 11, will run worldwide across Honor’s global platforms and bring abundant promotional deals and non-stop excitement to customers in 16 countries.

Honor Gala Sales – make Honor 8 your Honor Gala purchase.
Honor Gala Sales – make Honor 8 your Honor Gala purchase.
The Gala promotional deals will be offered on models like Honor 8, Honor 5X and Honor 7, which are all Honor’s cutting-edge products tailor-made for millennials. With a view to improve user experience, Honor is also rolling out a preview beta version of a system update to Android 7.0. The update will be offered on Honor 8 to test and collect feedback from users over the sales season, in the U.S, U.K, India and France.

“The diversity of our distribution channels – our own e-store, our partnerships with key e-commerce partners including Amazon, Ulmart, Flipkart and our presence on other global channels — has helped us become a successful e-commerce smartphone brand within a very short time span,” said Head of Honor Overseas Business, Gang Zhao. “This initiative is in line with Honor’s vision of building a stronger connection with its fast-growing digital customer base, and a clear testament to the strong success of its online sales approach. We will continue to offer the best value for our customers through these global promotional sales campaigns.”

The 2016 sale will see promotional deals being offered across Belgium, Germany, France, Italy, the Netherlands, Portugal, Switzerland, the United Kingdom, Spain, the United States, Saudi Arabia, United Arab Emirates, Russia, Malaysia, India and China.

Over the past three years, Honor has become a smartphone e-brand leader with US$6 billion in sales revenues and 40 million units shipped in 2015. To date, Honor is proud to count 60 million users and 90 million fans. Operating globally and without geographical boundaries, Honor continues to break new ground with its e-commerce business model.

Promotional deals by location and platform*



Promotional Offer


Western Europe

Belgium, Germany, France, Italy, the Netherlands, Portugal, Switzerland, the United Kingdom, Spain

Honor Crazy Hours: Each hour from 9AM to 9PM, 1 unit of Honor 8, Honor 7, Honor 7 Premium and Z1 for only 1€

Win EURO 30 Voucher for Honor 8

Get your free EURO 200 HRS voucher for Honor 8

United States

Across United States

Get $150 and receive $30 off for all products

Get $300 and receive $50 off for all products

Middle East

Saudi Arabia & United Arab Emirates

Up to 90% off for Honor 7

Up to AED 300 discount for Zero 1 & Honor 5X

Accessory gift for Honor 8


Across Russia

Up to 50% off for A1 & Honor 8

citilink, Ulmart, MTS Online

1 Day 1 phone flash sales at RUB 1111 for Honor 5X

3000 coupons for Honor 8


Across Malaysia

Accessories flash sales with selfie stick

Bundle sales on 11.11 for Honor 5X with protective cover and selfie stick

Special discount offers for Zero 1


Across India

Up to RS 4000 off for Honor 7

RS 1000 off for Honor 5C

*Refer to local pages for exact details*

About Honor

Honor is a leading smartphone e-brand under the Huawei Group. In line with its slogan, “For the Brave”, the brand was created to meet the needs of digital natives through internet-optimized products that offer superior user experiences, inspire action, foster creativity and empower the young to achieve their dreams. In doing this, Honor has set itself apart by showcasing its own bravery to do things differently and to take the steps needed to usher in the latest technologies and innovations for its customers.

A preview beta version of Android 7.0 will be offered on Honor 8 in the U.S, U.K, India and France
A preview beta version of Android 7.0 will be offered on Honor 8 in the U.S, U.K, India and France
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Source: Honor
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Written by asiafreshnews

November 10, 2016 at 3:26 pm

Posted in Uncategorized

NIDA Rooms Launches “NIDA for Business” and Gives Away RM500 as Travel Credit per Company

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-NIDA for Business Introduces Work and Explore Concept
KUALA LUMPUR, Malaysia /PRNewswire/ — Work and Explore — that is NIDA Rooms’ offerings to its customers, who want to add some zest into their business travels. NIDA Rooms, which is Asia’s largest branded hotel rooms network operator, today launched NIDA for Business to cater to travelers who appreciate the need to combine leisure activities when travelling for business purposes.

NIDA Rooms Chief Executive Officer, Kaneswaran Avili said, “We believe and encourage business travelers to explore the local environment during their travels. Business travelers are aware that knowing a culture in the country they want to expand into will give them an added advantage. We are just giving them the tools to experience their clients’ or business partners’ culture and lifestyle in every way possible.”

“At NIDA Rooms, we like to set trends, be bold and disruptive. We want to engage, we want to instill the need for excitement and experience in travelers. Hence, our tagline is Live and Explore. We pride ourselves in offering good quality rooms at the right price in conventional as well as non-conventional locations. As such, more than 50 per cent of our branded hotel rooms are located in areas that has not been penetrated by any OTAs,” Mr. Avili stressed.

“For the last 13 months, since our inception in September last year, we have identified and secured more than 4,000 pre-qualified hotels in hundreds of locations rich with culture, traditions, host to localized outdoor activities and immersed with the local flavor,” he added.

NIDA Rooms has properties in four main countries — Indonesia, Philippines, Thailand and Malaysia and is continuously expanding its presence in Asia. Next year, the branded hotel room network operator plans to expand into other countries in Asia.

NIDA Rooms launched its NIDA for Business product to offer business travelers the added advantage of experiencing its clients’ culture and lifestyle first hand. The package, tailored to the needs of the Small and Mid-size Enterprises (SMEs) also offers the below benefits:

Smart Self Service — An electronic feature that enables business to register in less than two steps, with no pre-qualification or long application process. The feature also empowers the members to add employees, book hotel rooms in hundreds of locations, manage the bookings and track monthly spend online in simple and efficient manner.
Smart Savings — If new members register before November 30, 2016, they will receive an instant RM500 travel credit in addition to their membership entitlement of additional cash back for every confirmed booking based on their monthly spend.
Smart Flex — This feature allows members to change their booking details or cancel the bookings 2 days prior to the check-in date without being charged any penalties.
Smart Insights — This is a feature that allows members to gain insights into their spending trends, cash back balance, employees’ travelling trends, among others.
“NIDA for Business has been designed for business travelers who love to experience new adventures, that know how to combine their business skills and travel learnings to gain competitive advantages at their work place. Even the benefits we offer with this service have two main aims, which are cost and time savings. We are offering an instant Travel Credit of RM 500 for those Businesses signing up before November 30, 2016,” Mr. Avili said.

“Our main aim is to enhance travelers’ experience and provide them with an adventure or two. As such, we want to be transparent so that customers can make informed choices and chose the type of experience they are in the mood for. Those are the reasons we boldly provide peer verified hotel content, such as ratings, reviews, photographs, journey blogs, that allows customers to classify our hotels into 3 categories — awesome, wow and just nice,” Mr. Avili concluded.

About NIDA Rooms

As Asia’s largest “branded hotel room network”, NIDA Rooms remains committed to its value proposition of 3Rs – Right Location, Right Price and Right Quality to its customers keeping pace with the “Live to Explore” philosophy. Customers can instantly navigate and book rooms at any of our 4,200+ affordably priced hotels across hundreds of locations in Indonesia, Malaysia, Thailand and Philippines through and NIDA Rooms mobile applications.

For further information, please contact:

Siti Maslinda,, +603-79-540-299

Source: NIDA Rooms
Related Links:

Written by asiafreshnews

November 10, 2016 at 11:04 am

Posted in Uncategorized

Modesto Marini Receives Knighthood from Italy

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KUALA LUMPUR, Malaysia /PRNewswire/ — Modesto Marini, founder and owner of The Marini’s Group, has been conferred Italy’s prestigious Knight of the Order of the Star of Italy award.

Italian ambassador to Malaysia, HE Mario Sammartino, and former Prime Minister of Italy, Enrico Letta, presenting the Cavaliere dell’Ordine Della Stella D’Italia to Modesto Marini, Founder of The Marini’s Group.
Italian ambassador to Malaysia, HE Mario Sammartino, and former Prime Minister of Italy, Enrico Letta, presenting the Cavaliere dell’Ordine Della Stella D’Italia to Modesto Marini, Founder of The Marini’s Group.
The Ordine Della Stella D’Italia, which comes with the title of “Cavaliere”, is one of the highest civilian honours of the Italian government that recognises Italians living abroad who have been instrumental in the preservation and promotion of national prestige, and who have made important contributions to relations between their country and Italy. It is awarded in many areas including philanthropic activities, commercial enterprises and the promotion of Italian food and wine.

The Italian ambassador to Malaysia, HE Mario Sammartino, and former Prime Minister of Italy, Enrico Letta, presented the medal and certificate for the Cavaliere dell’Ordine Della Stella D’Italia to Marini in a private ceremony at Marini’s on 57 on 20 October 2016.

On the business front, Cav. Modesto has consistently put Kuala Lumpur on the global map for contemporary fine dining and trailblazing entertainment experiences, as well as importing some of the best Italian retail products on the Malaysian market, Monte Verde. His multi-award-winning luxury F&B and entertainment brands comprise of Marini’s on 57, Marble 8 and M Marini Caffe.

It is his love for Italy that has seen Cav. Modesto tirelessly advocating his love of all things Italian. It is for this continuing service and dedication that the Ordine Della Stella D’Italia has been awarded.

“I am truly honoured to receive such esteemed recognition from my home country and I am proud to have been able to contribute to both Italy and Malaysia. I have always been proud of my Italian heritage and this award is a humble reminder of that,” said Cav. Modesto.

A chef by profession, he changed the culinary, dining and entertainment landscape when he introduced the thin crust pizza and three venue concept (bar, lounge, restaurant) to Malaysia over 22 years ago. He continues to take Italian cuisine to greater heights in his restaurants, whose menus and direction he continues to spearhead with a heavy emphasis on strong values and an ethos of traceability and sustainability which has resulted in the groups continued achievements and triumphs.

Visit The Marini’s Group at for more details.

About The Marini’s Group

Multi-award winning Marini’s on 57 is Malaysia’s highest iconic rooftop destination in Kuala Lumpur City. It is also the only luxury F&B venue in Malaysia to have release their own Sunset Hours compilation albums with music greats Jose Padilla, Chris Coco, Afterlife, and Simon Mills.

Marble 8, Kuala Lumpur’s premier award-winning steakhouse specialising in dry-aged beef where their signature cuts are treated in their own custom-built dry-aging cellar.

M Marini Caffe is Malaysia’s first dedicated champagne and caviar caffe that provides the city’s most requested signature cold pasta offerings, champagne high teas and authentic Italian desserts in Suria KLCC shopping centre.

For additional information, please contact:

Joanna Saw
Marketing Manager

The Marini’s Group


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Written by asiafreshnews

November 10, 2016 at 10:48 am

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HKBN Ltd. Announces Strong FY2016 Results

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HONG KONG /PRNewswire/ —

Surging Forward with Enlarged Customer Base & Quad-play Strategy

HKBN Ltd. (“HKBN” or the “Company”; SEHK stock code: 1310) today reported strong financial and business performance for the year ended 31 August 2016 (“FY2016”). During the period, the Company accelerated strong subscription growth in both residential and enterprise businesses, setting a strong foundation for a promising future with our enhanced quad-play strategy. Key highlights of FY2016 results include:

Revenue, EBITDA and Adjusted Free Cash Flow continued to grow year-on-year at 19%, 3% and 4% respectively to HK$2,784 million, HK$1,006 million and HK$406 million.
Net additions of residential broadband subscriptions accelerated to 103,000 (2015: 62,000), with our market share by broadband subscriptions increasing to 40.1% as of 31 August 2016, up from 36.6% as of 31 August 2015.
This set of results included 5 months of consolidation from our New World Telecom acquisition which drove our enterprise revenue growth of 70% year-on-year to HK$811 million.
The Board of Directors has recommended the payment of a final dividend of 20 HK cents per share. (2015: 20 HK cents per share) resulting in a full year payment of 40 HK cents per share (2015: 20 HK cents per share).
Delivering a solid results for FY2016, the HKBN senior management team have their sights set on new market opportunities via its disruptive quad-play strategy. (Pictured from left to right: Selina Chong, CMO and Co-Owner of HKBN; Gary McLaren, CTO and Co-Owner of HKBN; NiQ Lai CTFO and Co-Owner of HKBN; William Yeung, CEO and Co-Owner of HKBN; Billy Yeung COO – Enterprise Solutions and Co-Owner of HKBN; Eric Ho, CIO and Co-Owner of HKBN)
Delivering a solid results for FY2016, the HKBN senior management team have their sights set on new market opportunities via its disruptive quad-play strategy. (Pictured from left to right: Selina Chong, CMO and Co-Owner of HKBN; Gary McLaren, CTO and Co-Owner of HKBN; NiQ Lai CTFO and Co-Owner of HKBN; William Yeung, CEO and Co-Owner of HKBN; Billy Yeung COO – Enterprise Solutions and Co-Owner of HKBN; Eric Ho, CIO and Co-Owner of HKBN)

Strong residential subscription growth driven by attractive content bundles

Residential revenue grew by 3% year-on-year to HK$1,815 million as we accelerated gains in residential broadband subscriptions by working closely with two major OTT content partners, TVB and LeEco, to launch our best-value content-bundled services in the market. Our strategic focus to grow market share led us to achieve accelerated 103,000 net additions for a total of 857,000 residential broadband subscriptions, a significant increase of 14%, which sets a very strong base for us to harvest later.

Stimulating enterprise subscription and revenue growth contributed by integration with NWT

The Company’s enterprise revenue grew by 70% year-on-year to HK$811 million, driven primarily by the 5 months of consolidation on New World Telecom (“NWT”) integration. Strengthening our presence in the enterprise market, the enlarged business has provided a broad range of complementary services to the existing business. As a result of integration, we achieved net additions of 11,000 enterprise customers while increasing our enterprise ARPU by 22% at HK$1,234 during the financial year. Our market share by broadband subscriptions increased to 17.8% as of 31 August 2016, up from 14.3% as of 31 August 2015.

Surging forward to a promising future

“Our business is surging forward on a strong foundation,” said William Yeung, Chief Executive Officer and Co-Owner, and NiQ Lai, Chief Talent & Financial Officer and Co-Owner, of HKBN. “With strategic partnerships with mobile carriers and OTT content providers, we are well-equipped to seize the enlarged market opportunities with our best-value quad-play (broadband, mobile, content and home telephone) bundles, which give us a lot of room for revenue growth. We also see a lot of synergies in enterprise business after integration with NWT. We will continue to grow our business through higher network penetration, more people and more products to serve our customers.”

For details of HKBN’s results in FY2016, please refer to the announcement:–investor-engagement–financial-results.shtml

Appendix: HKBN FY2016 Shareholder Letter

Click to access 20161109_FY16-Annual-Results-PR-E.pdf

About HKBN Ltd.

HKBN Ltd. (SEHK Stock Code: 1310, together with its subsidiaries, the “Group”) is an investment holding company. The Group is Hong Kong’s largest provider of residential high speed fibre broadband (symmetrical 100Mbps to 1,000Mbps) services by number of subscriptions, and a fast growing enterprise solutions provider. The Group offers a full range of telecommunications solutions for both the residential and enterprise markets, encompassing broadband and Wi-Fi network services, cloud solutions, data connectivity, data facilities, system integration, mobile services, entertainment and voice communications. HKBN owns an extensive fibre network in Hong Kong, which covers over 2.2 million residential homes passed, representing approximately 81% of Hong Kong’s total residential units, and 2,300 commercial buildings. HKBN embraces “Make our Hong Kong a Better Place to Live” as its core purpose, and takes great pride in developing its Talents into a competitive advantage. The Group is managed by over 340 Co-Owners who have invested their own savings to buy HKBN shares, representing the majority of supervisory and management level Talents in the Group.

HKBN FY2016 Shareholder Letter

Dear Fellow Shareholders,

FY16 was a transformative year for our company.

In residential, we evolved from offering just a double-play of broadband and fixed voice to full service quad-play by first partnering with OTT providers to offer content, and then later in the calendar year, partnering with two major mobile network operators to offer mobile services.

We roughly estimate the addressable market for double-play at HK$250 per household per month or $5 billion1/year. This figure expands to HK$400 per household per month or HK$8 billion1/year when we include content, and further expands to HK$1,000 per household per month or HK$24 billion1/year when we include mobile service for a full quad-play offering. With 898,000 residential customers, we have a total billing market share of 44%2, which suggests room for growth relative to our 7%3 revenue market share of the expanded quad-play market.

In enterprise solutions, we completed the acquisition of New World Telecom in March 2016, and so far, the integration has been very smooth. In particular, the voluntary election by 54 former NWT Talents to become Co-Owners of our company with investments of up to one year’s worth of salary, showcases the aligned conviction we have to make this integration work.

As a company run by >340 Co-Owners, we have a clear long term alignment of interest with shareholders, as we are shareholders ourselves.

Sincerely yours,

William Yeung

NiQ Lai

Chief Executive Officer and Co-Owner

Chief Talent & Financial Officer and Co-Owner

Note 1: The addressable market size of double-play, triple-play and quad-play are calculated by multiplying the estimated number of addressable households (2 million) within HKBN’s coverage by the service penetration rate and the estimated annualized ARPU for respective services.

Note 2: Billing market share is calculated by dividing the number of residential customers by the estimated number of addressable households (2 million) within HKBN’s coverage.

Note 3: Revenue market share of the expanded quad-play market share is calculated by dividing the residential revenue generated in FY16 HK$1.8 billion by the estimated quad-play market size HK$24 billion.

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Source: Hong Kong Broadband Network Limited
Related stocks: HongKong:01310 HongKong:01310.HK HongKong:1310 OTC-PINK:HKBNY

Written by asiafreshnews

November 10, 2016 at 10:26 am

Posted in Uncategorized

RIMOWA Wins Lawsuit in South Korea

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COLOGNE, Germany /PRNewswire/ — Luggage manufacturer RIMOWA won a lawsuit against the owner of the Holly brand in the South Korean market. This success represents another important step in our efforts to defend RIMOWA’s grooved design.

RIMOWA won a lawsuit against the owner of the Holly brand in the South Korean market.
RIMOWA won a lawsuit against the owner of the Holly brand in the South Korean market.
The court in Seoul acknowledged that the grooved design is a defining characteristic of RIMOWA products and deserves to be protected from imitation. The court was also of the opinion that the Holly suitcase has a similar grooved design and could be mistaken for a RIMOWA suitcase. To protect consumers from the risk of confusion, the court put a ban on any further distribution or sale of the Holly suitcase.

RIMOWA President & CEO Dieter Morszeck was absolutely delighted with the decision in South Korea: “We couldn’t be happier that the court in South Korea acknowledged the brand character of our grooved design and thus ruled in our favor.”

Development of RIMOWA’s first aluminum suitcase with the signature grooves goes back to 1950. RIMOWA will continue to consistently defend its grooved design — along with all of its other intellectual property rights — from imitators.

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Source: RIMOWA

Written by asiafreshnews

November 10, 2016 at 10:22 am

Posted in Uncategorized

Central Wealth Financial Group Limited – MOU for Marketing Collaboration for FIKA Products

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HONG KONG /PRNewswire/ — Central Wealth Financial Group Limited (00572.HK) is pleased to announce that the Group has entered into a memorandum of understanding (the “MOU”) with Pachanga Inc. dba FIKA and a licensee. Pursuant to the MOU, FIKA will appoint the Group and the licensee as the marketer respectively to promote the sales of FIKA products through online e-commerce websites and develop additional distribution channels including the undertaking of certain promotional activities and opening of showrooms. FIKA will authorise the Group to develop franchise opportunities for FIKA in Asia. The Group will receive a monthly commission as consideration.

FIKA is a company founded in the United States of America (“USA”) in 2006 and has subsequently become one of the well-known coffee chains in New York. It is engaged in the development, production, sales and marketing of premium coffee, chocolates and other food products in USA under the brand name “FIKA”. It also distributes FIKA products in Asia through a China-based distributor.

The Company is of the view that the cooperation with FIKA as contemplated under the MOU will create synergistic effect for the e-commerce platform of the Group.

About Central Wealth Financial Group

Central Wealth Financial Group Limited (00572.HK) actively explores opportunities to diversify its business portfolio into operations with significant growth potential, including the development of “Future World Lifestyle”, an e-commerce platform operated by licensee.

t6.communications limited
Veronica Yum or Jenny Lee
tel: +852 2511 8388 / email:

Source: Central Wealth Financial Group Limited
Related stocks: HongKong:00572 HongKong:00572.HK HongKong:0572

Written by asiafreshnews

November 10, 2016 at 10:15 am

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Spritzer Receives the Frost & Sullivan Asia-Pacific Bottled Water Company of the Year for the 7th Consecutive Year

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SINGAPORE/PRNewswire/ — Spritzer Bhd has clinched the Frost & Sullivan Asia-Pacific Bottled Water Company of the Year for the 7th consecutive year.

The award was presented to Spritzer at the 2016 Frost & Sullivan Asia-Pacific Best Practices Awards banquet, held at the Conrad Centennial Singapore on Oct 13.

Ms. Janice Wung, Industry Analyst, Energy & Environment Practice, Asia-Pacific said that many companies are striving to maintain its customers’ base as consumer behaviors shift rapidly.

“Spritzer further strengthened its grip in the Asia-Pacific bottled water market by expanding its geographical and distribution points, which included an online platform. In 2015, Spritzer registered a double digit growth in revenues and profits as it continued to emphasize on product quality and investment in state-of-the-art water technologies to stay ahead of competition,” she added.

Ms. Wung also said that Spritzer has implemented the right strategies over the years to enhance its brand image to its customers.

“It is indeed a great honor to be recognized with the Asia-Pacific Bottled Water Company of the Year for 7 consecutive years. The recognition is a testament to all our employees’ dedication,” said Dr. Chuah Chaw Teo, Executive Director at Spritzer.

A research headed by Professor Christopher Exley from Keele University, UK revealed that individuals with Alzheimer’s disease who drink up to 1 liter of Spritzer, a silicon-rich mineral water, daily for a period of 12 weeks have seen their aluminum compounds lowered. This is the most effective and non-invasive way for individuals to lower their overall exposure to aluminum. [1]

The recipients of the 2016 Frost & Sullivan Asia-Pacific Best Practices Awards were identified based on an in-depth research conducted by Frost & Sullivan’s analysts. The award categories offered each year are carefully reviewed and evaluated to reflect the current market landscape and include new emerging trends. The short-listed companies were evaluated on a variety of actual market performance indicators which include revenue growth, market share and growth in market share, leadership in product innovation, marketing strategy and business development strategy.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact Us: Start the discussion

About Spritzer

The Spritzer Group is the most integrated and largest bottled water producer in Malaysia. It started its humble beginnings in a small set-up in Taiping, Perak, in 1989. The Spritzer Group of Companies today comprises 8 subsidiaries which are involved in the manufacturing and distribution of natural mineral water, sparkling natural mineral water, distilled drinking water, RO drinking water, carbonated fruit-flavored drinks, non-carbonated fruit-flavored drinks, functional drinks, toothbrushes, preforms and packaging bottles. Spritzer Natural Mineral Water was extracted from pristine source deep underground and it is protected by 330-acres land bank of unspoiled tropical rainforest.

The superior quality of Spritzer bottled water products has garnered many awards and achieved many milestones through the years. For more information, please visit


Source: Frost & Sullivan

Written by asiafreshnews

November 10, 2016 at 10:05 am

Posted in Uncategorized

Fillr Raises A$5M in Series A Financing from SoftBank China, Southern Cross and Reinventure

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SAN FRANCISCO/PRNewswire/ — Fillr, creator of the world’s most accurate, fastest and secure autofill technology, today announces a $5 million Series A fundraising round from a consortium of international investors including SoftBank China Capital, Southern Cross Venture Partners and Reinventure. SoftBank China, the single largest investor in e-commerce giant Alibaba, joins forces with current investors, Constant Innovation, the early stage venture fund launched by the founders of, including Chairman Wal Pisciotta and CEO Greg Roebuck.

This Series A fundraising will enable Fillr to rapidly expand its growing global presence in North American, European and Asian markets. Additionally, the fundraising round will support continued product and partnership-driven expansion and further advancements in tech/AI.

Chris Koch, Co-founder and CEO of Fillr today said, “From our initial launch just a little more than a year ago to today, it’s been amazing to see both the customer and investor response to our vision of increasing conversion rates for virtually any kind of transaction on mobile. Having already facilitated over 1.4 million of these transactions, Fillr has experienced phenomenal growth in a short period of time, which validates the unique value and position of our best-of-class technology.”

Said Co-founder and Chief Product Officer Chad Stephens, “A significant portion of this investment will fund further product enhancement, including expanding Fillr’s cloud-based artificial intelligence, while also allowing us to bring Fillr to new platforms, including desktop PCs. All of these initiatives work towards realizing our mission: helping the world to spend less time typing so that they can spend more time doing the things they love.”

Said SoftBank China Managing Director John Guo, “Fillr solves one of the most glaring problems of mobile e-commerce: The fact that conversion rates on mobile are terrible. This financing round will enable Fillr to continue its already-solid, aggressive global expansion, making e-commerce more convenient for the entire mobile web. I am excited to be joining the board of Fillr and look forward to assisting their continued growth by leveraging the relationships we have that span the entire mobile ecosystem.”

“Fillr’s technology provides a vital link in mobile transaction conversions,” said Co-founder and MD of Reinventure Danny Gilligan, “More than 120,000 merchants all over the world have already benefitted from the increased conversion Fillr enables. We’re excited to support this step-change in expansion that is already well underway.”

Located in Melbourne, Australia and San Francisco, USA, Fillr has created cloud-based artificial intelligence that uses advanced machine-learning to power a data exchange platform that can be used for any payment, checkout or data transaction on the internet. For its users, Fillr is simply the world’s most intelligent autofill – fast accurate and secure.

Currently, more than 60% of worldwide traffic to e-commerce sites begins on a mobile device. And yet whilst mobile is responsible for the lion’s share of traffic, it performs terribly when it comes to conversions, responsible for a mere 15.6% of completed transactions. Why? Filling out multi-field checkout forms on a handheld device is difficult, time-consuming and frustrating. Existing solutions offered by major technology companies are woefully inaccurate, averaging just 53% accuracy across the world’s most-visited e-commerce sites. By comparison, Fillr is 95% accurate on the same sites and climbing.

“We have solved the problem of mobile conversions unlike any other companies, using a much forgotten ‘doorway’ that already exists to facilitate the exchange of data. That ‘doorway’, which historically has been poorly executed by others, is autofill,” said CEO and Co-founder Chris Koch.

“Our proprietary cloud-based AI means our engine can apply more processing power to the problem of machine-reading and mapping the web’s 100 million plus web forms. Our solution is future proof with ever-growing intelligence and not at all dependent on rarely-followed HTML accessibility and WHATWG Autocomplete standards.”

Response from users and partners has been extremely positive, swift and wide-ranging. Currently, Fillr has partnered with more than 20 different browsers, handset OEMs and mobile software providers that represent a collective reach of more than 150 million MAUs. With more than two thirds of its transactions emanating from North America and the United Kingdom, Fillr is fast expanding globally, facilitating transactions in more than 172 countries and growing.

Said CEO Koch, “We’re extremely excited about where we’re taking Fillr in the next year. With several major new partnerships just weeks from going live and a raft of new tech enhancements set to launch, 2017 will be a watershed year for Fillr. We’re honored and excited to take this journey together with our new investors who have an epic track record with tech companies like Alibaba and Taobao.”

To learn more, please visit

Additional information for media is available via the Fillr Press Kit.

About Fillr

Fillr is the world’s most intelligent autofill, built from the ground-up to solve the issue of converting on mobile. Our powerful mapping engine, algorithms and machine learning technology utilize advanced proprietary textual heuristics to read forms as close to human representation as possible. Unlike other ‘payment’ platforms, Fillr can be used anywhere regardless of a merchant being integrated with us and can be used for any transaction, even those that don’t require payment. Fillr is led by second time entrepreneurs Chris Koch and Chad Stephens. With their first tech venture, they transformed the Australian housing market gaining 90% market share before it was acquired by publicly listed REA/Newscorp (, $6b market cap). Fillr has offices in Melbourne and San Francisco and is backed by SoftBank China Capital, Southern Cross Venture Capital, Reinventure and Constant Innovation.

About SoftBank China Capital

Established in 2000, SoftBank China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Our investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and we invest across all stages of companies. In addition to providing capital support, we help our portfolio companies realize their strategic and commercial potential and have a proven track record supporting successful industry-leading companies. Some of our spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, Shenwu, Precise, Di’an, and Edan.

About Southern Cross Venture Partners

Southern Cross Venture Partners was launched in 2006 by veteran venture capitalists who have managed and operated companies themselves. Southern Cross Venture Partners assist early stage technology companies that demonstrate the potential for exceptional growth and market leadership build significant businesses. The founding principle of Southern Cross is partnership — they are passionately committed to doing everything they can to help their portfolio companies succeed. Their team has a strong record of utilizing their start-up and management experience, industry knowledge, network of business/customer relationships, and recruiting skills to assist in building significant shareholder value.

About Reinventure

Reinventure is the Westpac backed independent corporate venture capital fund that makes investments from seed to Series A and up in great teams building great companies. Reinventure is one of the leading investors in the emerging data industry, with existing investments in Data Republic, Zetaris, HyperAnna and Auror.

About Constant Innovation

Constant Innovation is an early stage venture capital firm that invests in high-growth technology businesses that are solving real problems. We provide equity capital and management expertise to entrepreneurs who are building great businesses. We are experienced entrepreneurs and executives who are passionate about backing inspiring entrepreneurs. We have founded, operated and exited from successful technology businesses. Two of the most prominent examples of our technology businesses are Pentana Solutions Pty Ltd and Ltd.


San Francisco Office
Karl Mattson
Vice President, Growth
+1-415-939-7727 (mobile)

Australian Office
Mervyn Kuek
+61-448-336-616 (mobile)

Source: Fillr
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Written by asiafreshnews

November 10, 2016 at 9:51 am

Posted in Uncategorized