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Archive for November 16th, 2016

DHL eCommerce Invests EUR70 Million to Strengthen India’s E-commerce Sector

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— Boosts capabilities of the Delhi and Mumbai air hubs to enhance B2C e-commerce delivery in India

MUMBAI, India/PRNewswire/ — DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group, is investing EUR70 million (51,184 lakh rupees) to strengthen its operations to meet the fast-growing demand for quality e-commerce logistics services in India. Through its subsidiary Blue Dart Express, this investment will go into the expansion of its air hubs in Delhi and Mumbai which are part of its network of 13 air hubs in India. The latest investment supports the growth of B2C e-commerce in India, and is part of the company’s broader plan to aggressively expand across Asia Pacific.

Catering to the increasing shipment volumes by B2C e-commerce consumers in India, the air hubs, measuring 5,761 sqm and 4,274 sqm in Delhi and Mumbai respectively, will be equipped with automation to handle a daily volume of over 500 tonnes. The automation in both air hubs enables Blue Dart to process higher volumes of inbound and outbound shipments in a shorter span of time for distribution to consumers across India by air. With the Mumbai air hub located at an airside facility, it will further accelerate the speed of domestic cross-border air shipments, streamlining customs processes and boosting on-time performance.

“The e-commerce industry is an extremely exciting one that offers tremendous opportunities for businesses and consumers alike. The global B2C cross border e-commerce market will multiply in size to USD1 trillion in 20201,” said Juergen Gerdes, CEO, Post — ecommerce — Parcel, Deutsche Post DHL Group. “The growth is driven by increasing consumption from expanding middle classes, greater mobile and internet penetration and improving logistics and infrastructure as consumers increasingly shop online and expect shorter delivery times. With our added focus on innovation such as the StreetScooter and In-Car Delivery, we are gearing up to ensure we stay ahead of the game and be able to anticipate and meet the needs of the overall industry, e-tailers and end customers.”

“The U.S. and Asia Pacific are the two largest B2C e-commerce markets in the world, and the opening of these new facilities will be another milestone in the expansion of DHL eCommerce logistics network. India is a really important market for us and is one of the fastest-growing, with B2C e-commerce expected to grow from EUR 9.6bn in 2016 to between EUR 30-40 bn in 20202,” said Charles Brewer, CEO, DHL eCommerce. “This investment in India, as well as recent investments in the Americas and elsewhere in Asia Pacific this year, showcases our commitment to the e-commerce industry by delivering high quality, reliable logistics solutions to meet the rising demands of e-commerce consumers.”

“Recognizing the tremendous potential in Asia Pacific, we are making aggressive steps to ensure that our customers are well supported to tap into the growing e-commerce market,” says Malcolm Monteiro, CEO, Asia Pacific, DHL eCommerce. “With retail e-commerce in India expected to grow at a CAGR of 30 to 35 percent by 20203, the air hubs will bolster our operations to better serve the growing e-commerce market in the country. We see tremendous opportunities across Asia Pacific as well, where many emerging economies are located, and will expand our footprint accordingly. It’s exciting times ahead as we continue to focus our efforts on delivering fulfillment, cross-border shipping, and last-mile delivery solutions to meet the needs of the e-commerce industry.”

“The expanded facilities in Delhi and Mumbai, coupled with our flexible and easy-to-use e-fulfillment solutions, will enable e-commerce sellers to distribute their products to over 34,000 domestic locations effectively. As the national leader in door-to-door delivery in India, our deliveries are fully managed end-to-end, including routing, sorting and shipping goods efficiently from the warehouse to customers’ doorstep, to provide customers with consistent service excellence. Our EUR70 million investment will ensure that we continue to lay a strong foundation to offer even greater support to our e-commerce customers,” said Anil Khanna, Managing Director, Blue Dart Express.

No stranger to the e-commerce sector in India, DHL eCommerce has been making sustained investments and innovative solutions in the country over the years, through Blue Dart Express. In 2015, the company launched its Parcel Locker at Gurgaon’s Unitech, Cyber Park, to enable more choice and convenience for consumers to collect their shipments.

Other innovations include Smart Trucks, which uses technology to help vehicles overcome urban logistics challenges, and Mobile Wallets to offer secure and streamlined cash-on-delivery solutions to enable convenient transactions for e-commerce consumers.

Expanding its regional footprint

The latest announcement of the EUR70 million investment in India follows some recent investments by DHL to provide logistics solutions for the e-commerce industry. The company recently announced an investment of USD137 million to increase its e-commerce footprint in the United States. After the first order fulfillment center opened in Columbus, Ohio, last year and followed by a facility in Los Angeles, DHL eCommerce will establish further regional centers of this kind in New Jersey and other locations in 2017.

In June 2016, DHL eCommerce announced that it will expand its overall presence in China by 50 percent, with the expansion of the distribution centers in Shenzhen, Shanghai and Hong Kong. Along with the huge growth of e-commerce in China, the distribution centers will enable maximum volumes of over 130 million shipments a year combined.

Earlier in January 2016, DHL eCommerce launched domestic delivery operations in Thailand and announced plans to double its fleet and number of depots by 2017. Thailand, with its tremendous growth potential, fast e-commerce adoption and high smartphone penetration rates, was identified as the first Southeast Asian country to launch the DHL eCommerce domestic delivery service, in line with the Group’s Strategy 2020.

2 McKinsey — Blue Dart 2016 Internal Study
3 McKinsey — Blue Dart 2016 Internal Study

— End —

DHL — The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 340,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 59 billion euros in 2015.

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Source: DHL eCommerce

Written by asiafreshnews

November 16, 2016 at 5:17 pm

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WA Homebuilder Unveils Attractive Promotion As Property Prices Rise In Perth

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SYDNEY /PRNewswire/ — Western Australia homebuilder Redink Homes is unveiling its ‘Stacked to the Rafters’ sale, offering one of its best-value promotions to date. For as little as AUD199,999, customers can build a 222 square metre, four-bedroom home with a host of extra features.

Turnkey home with unbelievable value from AUD199,990
Turnkey home with unbelievable value from AUD199,990

Coming at a time when housing prices in Perth are finally showing signs of rising, this presents prospective home buyers with the opportunity to lock-in a high-value home at a competitive price point and watch it gain value as property prices increase.

This promotion applies to some of Redink’s most popular models. It comes complete with Daikin reverse cycle air conditioning, ILVE gourmet kitchen package, LED lighting, floor tiling, quality carpets, internal wall painting, render to front elevation and vertical blinds. The latter includes a complete line-up of fixtures and accessories, including a breakfast bar and ILVE stainless steel oven and range hood.

The home is also equipped with a Rheem instantaneous gas hot water system, Essastone benchtops and other major name-brand inclusions. And given Redink’s commitment to customising each house it sells to suit the specific needs of the buyer, the potential for add-ons and extras is substantial.

This new promotion from Redink comes at a time when Perth housing prices are on the rise. In previous months, Perth had bucked the housing trend seen in other parts the country — namely Sydney and Melbourne — where double-digit growth was seen in some markets. Meanwhile, Perth maintained one of the best value-for-money housing markets in Australia.

But as the latest cut in official interest rates kicks in, Perth housing lifted in October, enjoying their biggest increase of the year. If property prices continue to rise, an already competitively priced AUD199,999 home by Redink could reach a significantly higher value in coming years.

“Redink Homes takes its name from the practice of marking up drafting plans in Red Ink with a red pen in order to make changes to the floor plan and layout. In such a way, a one-size-fits-all model can be customised to suit the preferences of the homeowner. Clients are encouraged to speak with their sales consultant regarding their specific hopes and desires for the house. This allows them to take a standard housing package and turn it into the home of their dreams,” said Scott Park, Managing Director Redink Homes.

For more information regarding this promotion, visit the Redink Homes webpage:

Media contact:

Daniel Lummis
Contact: +61-08 6260 4729

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Source: Redink Homes
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Written by asiafreshnews

November 16, 2016 at 4:36 pm

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Crossbridge Capital Unveils ‘Connect’, Singapore’s First Digital Advisory Platform for Accredited Investors

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– CONNECT by Crossbridge now live and on-boarding accredited investors* in Singapore

– Digital platform developed by a leading and established wealth manager offering tailored actively managed portfolios with efficient and transparent fee structure

– Developed in collaboration with top-tier industry providers including Morningstar, BNY Mellon’s Pershing LLC, Julius Baer , Amazon Web Services and Bambu

SINGAPORE/PRNewswire/ — Crossbridge Capital, the leading independent investment advisory firm serving ultra-high net worth families globally, today announced the launch of CONNECT by Crossbridge, Singapore’s first digital advisory platform serving accredited investors*.

Developed in collaboration with top-tier industry providers Pershing, Julius Baer, Morningstar, Amazon Web Services and Bambu, CONNECT by Crossbridge is an intuitive digital platform offering tailored investment strategies to accredited investors* living in Singapore. BNY Mellon’s Pershing offers U.S. tax reporting as part of its suite of services. This will allow Crossbridge Capital to cater to under-served U.S. expatriate investors living in Singapore, in addition to other accredited expatriates and Singaporean investors.

CONNECT is being launched by an established independent wealth manager; Crossbridge Capital, which has US$3 billion under advisement. Crossbridge Capital was founded in London in 2008 with a focus on client-centred and independent advice, and a commitment to open architecture and overall transparency. The company is regulated in multiple markets with offices in London, Singapore, Monaco and Malta and is backed by two of the world’s leading banks as minority investors. Its Singapore office, which has been serving high net worth clients since 2010, is regulated by the Monetary Authority of Singapore.

“Our vision for CONNECT is to introduce a premium wealth management experience to affluent investors through a convenient and easy-to-use digital advisory platform,” said Tarek Khlat, Co-Founder and Group Chief Executive Officer of Crossbridge Capital. “CONNECT empowers clients to utilise the latest technology to manage their investments in their own time, based on personalized investment goals and without the high fees of traditional operators. History has shown that technology can help people invest smarter. We are bringing together our in-house human investment talent with the latest technology to enhance our service offering to clients and ultimately provide outperformance with lower risk. CONNECT offers personalized investment solutions that are tailored to meet the client’s investment objectives.”

Together with Morningstar, the leading global investment research firm, Crossbridge Capital has developed for CONNECT a series of actively managed Tracker Certificates built around specific risk-return profiles – each with an exposure of up to 12 asset classes. Based on their investment goals, CONNECT clients will be able to, efficiently access and manage their investments with a single transaction, and benefit from a professionally structured portfolio that is actively rebalanced to ensure that investments remain aligned with clients’ personal risk preferences.

To get started, investors will need a minimum investment of USD$100,000. Interested investors can sign up for an account on, where they can supply important information about themselves and their investment goals and risk preferences, and CONNECT will provide a customized investment profile and portfolio. Users will be able to select tailored portfolios based on their own investment goals and time horizons.

Clients’ assets and funds will be cleared and held with Pershing, a BNY Mellon company, one of the world’s largest custodians with US$29.5 trillion under custody**. Clients’ funds and securities held at BNY Mellon’s Pershing are protected by SIPC (Securities Investors Protection Corp.); this insures their accounts for up to USD$500,000 (USD$250,000 limit on cash – see also ).

“Since the introduction of new tax reporting regulations in the United States, banks and other financial services institutions have been reluctant to serve U.S. expatriates. While CONNECT is designed with all accredited investors in mind, our collaboration with Pershing will allow us to offer U.S. expatriates the same access to the intelligent and intuitive portfolios available on our new platform,” said Charlie O’Flaherty, Partner and Head of Digital Strategy & Distribution at Crossbridge Capital.

“We believe that CONNECT by Crossbridge is a great step forward in digital wealth management, as it enables us to offer accredited investors access to truly diversified portfolios including exposure to asset classes that were traditionally available only to the ultra high net worth and institutional markets,” added O’Flaherty. “CONNECT portfolios offer daily liquidity and trade on Net Asset Value (NAV) just like a mutual fund. However, they will not have the high and sometimes opaque fee structures of traditional operators, or the multiple fees associated with less efficient portfolio options currently offered by many digital advisors in other jurisdictions.”

Crossbridge Capital has also partnered with Julius Baer, the leading Swiss private banking group which is providing its comprehensive structuring expertise as the Issuer of the Certificates. Amazon Web Services will provide the hosting infrastructure for CONNECT, while the advisory platform itself is being developed by B2B platform provider Bambu.

“Singapore is a globally significant wealth management and financial technology centre with a growing base of affluent investors who are increasingly digitally-inclined,” said Khlat. “We are delighted to be launching CONNECT here.”

CONNECT will be available to accredited investors* living in Singapore, and Singapore will act as the hub for future expansion into the region.


* “Accredited investors” include individuals whose net personal assets exceed S$2 million or whose income in the preceding 12 months is not less than S$300,000 [Source: Monetary Authority of Singapore]

** As of June 30, 2016 [Source: ]

About Crossbridge Capital

Crossbridge Capital was launched in 2008 in London with a vision to create an independent, investment advisory that offers a fully integrated financial services platform to entrepreneurs and families in Emerging Markets worldwide. Today, backed by two of the world’s leading banks as minority investors, Crossbridge Capital operates in many of the world’s leading Emerging Markets – from Istanbul to Ulan Bator, Moscow to Dodoma – supported by a team of 30 professionals in four Crossbridge Capital locations: London, Singapore, Monaco and Malta. After its successful launch in London with authorization and regulation by the Financial Conduct Authority (FCA), in November 2010 Crossbridge Capital, officially opened its first Asia office in Singapore after receiving approval from the Monetary Authority of Singapore (MAS). In May 2016 the company opened its doors in Monaco after receiving authorisation from the Commission for the Control of Financial Activities (CCAF). These signalled significant landmarks in the company’s history and set the bar for its ambitious, yet considered geographic and client engagement growth strategy.

More information can be found at

For further information about CONNECT:
Tel: +65 6723 8173

For Media Enquiries:

Tim Williamson
Tel: +65 6221 7310

Source: Crossbridge Capital Asia

Written by asiafreshnews

November 16, 2016 at 4:21 pm

Posted in Uncategorized

The NEM Blockchain Project, Version 2.0 – Catapult

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-Defining the distributed ledger technology standard

SINGAPORE /PRNewswire/ — NEM, an ongoing open source distributed ledger technology project today released a whitepaper on a private chain that is being developed by Tech Bureau. Codenamed Catapult, it shall be a successor and second iteration of Tech Bureau’s much touted Mijin private blockchain technology. It is a complete re-hash of the entire blockchain in C++. Further, the platform is re-architected to make use of API gateways, providing superior performance in terms of speed, connectivity, security, extensibility, scalability, and flexibility.

“Catapult is redefining the blockchain architecture landscape. It not only improves on the utility of the blockchain technology, but it also brings enterprise class design into the otherwise rigid and cumbersome blockchain solutions that we are used to.” — Lon Wong, CEO of Dragonfly Fintech, and a core member of the NEM project.

The new architecture allows for true permissioning where every user can be permitted or not, to use the blockchain, or just to see her account activities. All existing business rules of an entity can be reused and integrated with the Catapult via its powerful API gateway.

Further, Catapult is an open system and therefore is a universal standard of, and by itself. Any system can be used to communicate with it, provided it adheres to the standard web design standard.

This flexibility allows for the Catapult blockchain to not only assume 3 important roles — public permissionless, private partially permissioned, and absolutely permissioned — but also allows it to be interoperable and shareable among different clusters of distributed ledgers.

“Catapult shall be complemented by Dragonfly Fintech’s solution to interoperate from one blockchain cluster to another seamlessly. Together, our solutions shall put us in the forefront of blockchain technology.” — Takao Asayama, Tech Bureau, Corp.

As a permissioned blockchain, the Catapult has been internally tested to scale to 3,000 transactions per second. The Catapult shall be released as an open source solution and shall be incorporated into the public chain at some point in the future.

About NEM

NEM is an open source blockchain project that started in February, 2014. A project that was developed from the ground up using Java, it is undergoing a second iteration in order to enhance its performance. A peer-to-peer blockchain platform solution, NEM, is designed to work with mainstream industry requirements. A highly versatile solution, the NEM blockchain solution is well suited for the financial industry as well as for general use.

About Tech Bureau

Tech Bureau Corp. provides a crypto exchange “Zaif” and a private blockchain product “mijin” utilizing NEM technology. “Mijin” has been tested intensively as a high-throughput ledger engine in various applications and proven its applicability to banking systems.

About Dragonfly Fintech

Dragonfly Fintech Pte Ltd, is a Singapore financial technology company. The company provides services for financial instrument transactions in the areas of payment, settlement, and clearing using blockchain technology.


Click to access catapultwhitepaper.pdf

Source: Dragonfly Fintech
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November 16, 2016 at 4:11 pm

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Total Ignites Energy in Dubai with Extended Partnership with BWF

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-Total is now an official sponsor of the Dubai World Superseries Finals in 2016 and 2017

DUBAI, United Arab Emirates /PRNewswire/ — Energy giant Total, and the Badminton World Federation (BWF) recently extended their partnership to include another premier global badminton event. As a result, Total is now an official sponsor of the Dubai World Superseries Finals — the badminton season finale tournament — until the end of 2017.

Total is now an official sponsor of the Dubai World Superseries Finals in 2016 and 2017.
Total is now an official sponsor of the Dubai World Superseries Finals in 2016 and 2017.

As the official energy partner, Total is committed to providing strong support in all activities and promotion for the Finals.

Total and BWF first announced their landmark partnership in 2015 which will continue until 2018 with Total being title sponsor for all BWF Major Events (TOTAL BWF Sudirman Cup, TOTAL BWF Thomas & Uber Cup Finals, TOTAL BWF World Championships), and a partner of the MetLife BWF World Superseries in China, India, Malaysia and Indonesia until 2017.

“I am pleased, on behalf of the BWF, to welcome Total as a partner in the Dubai World Superseries Finals,” stated BWF President Poul-Erik Hoyer. “As the season finale of the MetLife BWF World Superseries, this prestigious tournament brings together badminton’s best performers and some of our most celebrated stars. In this Olympic year, we are also guaranteed to witness the Rio 2016 champions among those vying for a share of the lucrative jackpot.

“We are confident that Total will see the value of partnering with us on this event and BWF thanks Total for its continued commitment to badminton.”

In its continued effort to expand its branding activities outside the motorsports arena, Total sees common characteristics between its key products and badminton — powerful performance, technologically advanced precision, and especially endurance.

“Total is always pushing the boundaries when it comes to the performance and endurance of car engines with our TOTAL QUARTZ lubricants,” said Mr Stephane Lagrue, Specialties Vice President, Total Marketing & Services Asia Pacific. “The same values and attributes can be applied to badminton, which is a racket sport that requires agility, performance and stamina, especially during bursts of attack and defense. We are excited about extending our partnership with BWF outside Asia and look forward to ending the badminton season finale on a high note.”

Press contact:

Red Agency Singapore for Total

Jeffrey Goh
+65 6317 6600

About BWF

BWF is the international governing body of the sport of badminton, recognised by the International Olympic Committee. It is the successor organisation to the International Badminton Federation (IBF) which was founded on 5 July, 1934. The IBF was rechristened the Badminton World Federation in 2006.

The purpose and objectives of BWF include regulating, promoting, developing and popularising the sport of badminton throughout the world and organising, conducting and presenting international events at the highest level.

The BWF’s vision is to make badminton a leading global sport accessible to all — giving every child a chance to play for life. Its mission is to lead and inspire all stakeholders; to deliver entertainment through exciting events to drive fan experience, and to create innovative, impactful and sustainable development initiatives.

The Badminton World Federation (BWF) has its headquarters in Kuala Lumpur, Malaysia, with 185 member associations worldwide.

Websites: and

About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.

Websites: /

About Total in Asia Pacific-Middle East

The Marketing and Services branch for Asia Pacific-Middle East is headquartered in Singapore. Employing over 4,600 employees and present in 42 countries, our teams are driven by innovation and growth bringing to our customers a wide range of products and services including retail networks, lubricants, LPG, special fluids, aviation and transport fuels.

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Source: Total
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Written by asiafreshnews

November 16, 2016 at 3:52 pm

Posted in Uncategorized

Schindler Lifts the Curtain On Its Superior Mobility Solutions At Newly Opened The Parisian Macao Resort

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MACAO /PRNewswire/ — The Parisian Macao, which opened on September 13, has become the latest addition to Schindler’s growing portfolio of integrated resorts on Macao’s spectacular Cotai Strip to receive its mobility solutions. The newest member of Sands Resorts Cotai Strip Macao pays tribute to Europe’s beautiful “City of Light” — Paris — featuring a half-size replica of the Eiffel Tower powered by two of Schindler’s most advanced high-rise elevators.

Schindler has installed 87 elevators and 48 escalators in The Parisian Macao’s Podium, Hotel Tower and the Eiffel Tower replica
Schindler has installed 87 elevators and 48 escalators in The Parisian Macao’s Podium, Hotel Tower and the Eiffel Tower replica

Schindler has installed a total of 87 elevators and 48 escalators throughout the luxurious integrated resort, which encompasses 3,000 guest rooms and suites, a variety of restaurants, over 170 upscale stores and boutiques, French-inspired streetscapes and entertainment, the 1,200-seat Parisian Theatre, a pool deck with a themed water park, a health club and a kids’ club.

The star of The Parisian Macao is undoubtedly its stunning replica of the world-famous Eiffel Tower, with the half-sized steel structure housing two specially-designed Schindler 7000 elevators. The high-speed units are engineered to support both high traffic and high winds, transporting visitors 100 meters to the 37th floor observation deck in approximately 40 seconds. Schindler’s contribution to the vast complex also includes 40 additional Schindler 7000 elevator units, 39 compact and efficient Schindler 5500 elevators, and 48 Schindler 9300AE escalators — the world’s most popular moving stairway.

The opening of The Parisian Macao further expands Schindler’s massive portfolio on Cotai, with the company already providing mobility innovations to more than 13,000 hotel rooms, retail, dining, entertainment and conference facilities at an impressive network of luxury hotels and resorts. These include The Venetian Macao; Four Seasons Hotel Macao, Cotai Strip; The St. Regis Macao, Cotai Central; Conrad Macao, Cotai Central; Sheraton Grand Macao Hotel, Cotai Central; and Holiday Inn Macao Cotai Central.

“The Parisian Macao with its glittering Eiffel Tower is sure to become the Cotai Strip’s new landmark feature, and will attract people from all over the world,” said Matthias Steiner, General Manager of Jardine Schindler Lifts (Macao) Limited. “The anticipated daily visitor numbers presented a unique and exciting challenge, and we are pleased to have developed purpose-built elevator and escalator solutions that will allow every guest to experience the stunning heights and features of The Parisian Macao swiftly, comfortably and safely,” he said.

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Source: Jardine Schindler Group

Written by asiafreshnews

November 16, 2016 at 3:26 pm

Posted in Uncategorized

Microchip Launches New Generation of 8-bit AVR(R) MCUs with Core Independent Peripherals

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-New series is supported by START to optimise software support and includes rich features in 4 KB and 8 KB Flash
BANGKOK /PRNewswire/ — Microchip Technology Inc. [NASDAQ: MCHP], a leading provider of microcontroller (MCU), mixed-signal, analog and Flash-IP solutions, has released a new generation of 8-bit tinyAVR MCUs. The four new devices range from 14 to 24 pins and 4 KB to 8 KB of Flash and are the first tinyAVR microcontrollers to feature Core Independent Peripherals (CIPs). The new devices will be supported by START, an innovative online tool for intuitive, graphical configuration of embedded software projects.

Microchip’s new tinyAVR Microcontroller series
Microchip’s new tinyAVR Microcontroller series
“This announcement is very important to Microchip as it represents the coming together of the two most powerful 8-bit MCU brands under one roof,” said Steve Sanghi, CEO and Chairman of the Board of Microchip Technology Inc. “Customers love both PIC® and AVR® MCUs and Microchip is re-energising new product development to not only continue to support, but to grow the esteemed AVR portfolio.”

The new ATtiny817/816/814/417 devices provide all the right features to help drive product innovation including small, low pin count and feature-rich packaging in 4 KB or 8 KB of Flash memory. Other integrated features include: a CIP called Peripheral Touch Controller (PTC); Event System for peripheral co-operation; custom programmable logic blocks; self-programming for firmware upgrades; non-volatile data storage; 20 MHz internal oscillator; high-speed serial communication with USART; operating voltages ranging from 1.8 V to 5.5 V; 10-bit ADC with internal voltage references; and sleep currents at less than 100 nA in power down mode with SRAM retention.

“As the number one provider of 8-bit MCUs with our broad portfolio of PIC, AVR and 8051 MCU cores, we are committed to providing our customers with more products that can help differentiate their designs,” said Steve Drehobl, vice president of Microchip’s MCU8 division. “By adding innovative capabilities like Core Independent Peripherals, interconnected analog and intuitive graphic design support that have been available on PIC MCUs for some time, we are continuing to provide our AVR MCU customers with the right tools to innovate and get to market fast.”

CIPs allow the peripherals to operate independently of the core; including serial communication and analog peripherals. Together with the Event System, that allows peripherals to communicate without using the CPU, applications can be optimised at a system level. This lowers power consumption and increases throughput and system reliability.

Accompanying the release of the four new devices, Microchip is adding support for the new AVR family in START, the online tool to configure software components and tailor embedded applications. This tool is free of charge and offers an optimised framework that allows the user to focus on adding differentiating features to their application.

For more information about Microchip’s new AVR microcontrollers and supporting tools visit

Development and support

To help accelerate evaluation and development, a new Xplained Mini Kit is available. The Xplained Mini Kit is also compatible with the Arduino kit ecosystem. The kit can be used for standalone development and is fully supported by the software development tools, START and Studio 7.


The new generation of 8-bit tinyAVR MCUs is available in mass production today in QFN and SOIC packaging. Devices are available in 4 KB and 8 KB Flash variants for 10K units. For additional information, contact any Microchip sales representative or authorised worldwide distributor.


High-res images available through Flickr or editorial contact (feel free to publish):

PR graphic:

About Atmel

Atmel is a wholly-owned subsidiary of Microchip Technology Inc.

About Microchip Technology

Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at

Note: The Microchip name and logo, the Microchip logo, PIC, AVR and the Atmel name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

For more information, please contact:

Daphne Yuen (Microchip): (+852) 2943 5115

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Source: Microchip Technology
Related stocks: NASDAQ-NMS:MCHP
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Written by asiafreshnews

November 16, 2016 at 3:04 pm

Posted in Uncategorized

NetComm Wireless announces new engineering group structure and SVP Engineering appointment

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SYDNEY /PRNewswire/ — NetComm Wireless Limited (ASX: NTC) today announced the appointment of Mr Sergio Berriz to the newly created position of Senior Vice President Engineering, reporting to the Company’s Managing Director & CEO David Stewart.

This appointment reflects the restructure of the Company’s engineering activities into two key areas to support the rapid growth of the business:

Product development execution: activities that deliver products to customers.
Future technologies: activities that identify, review, evaluate, design and introduce future technologies.
Mr Berriz will lead all elements of the Company’s product development execution activities. These include hardware platform development and software development with overall responsibility for all active project engineering activities encompassing engineering groups in Australia (Sydney and Melbourne) and the United States (Sunrise, Florida).

The Company’s Chief Technology Officer, Steve Collins will focus his efforts on future technologies and play a significant role in positioning the Company as a global communications technology leader.

Mr Berriz brings 32 years of product management, design engineering, product development and high-volume mass production design experience to the role. He will initially undertake his role in Florida prior to relocating to Sydney in early January 2017.

Prior to joining NetComm Wireless earlier this year as Director of Engineering in Florida, Mr Berriz held senior engineering execution roles in the USA with Research in Motion (Blackberry) for 9 years, Freescale Semiconductor for 8 years and Motorola for over 15 years.

Commenting on Mr Berriz’s elevation and the renewed focus of its engineering team, NetComm Wireless Managing Director & CEO David Stewart said:

“NetComm Wireless made the strategic decision to target growth opportunities and build new revenue with a focus on the expansion of R&D resources. With the rapid growth of our engineering team it has become necessary to further invest in the strategic direction of our technology. Sergio brings a wealth of leadership experience at scale and deep technical understanding that complements our existing engineering capabilities.

“We are confident that our new engineering structure will optimise efficiency and performance and strategically position NetComm Wireless at the forefront of global communications solutions.”

Mr Berriz said: “Having spent over 30 years in the telecommunications industry with companies at the forefront of innovation, I was thrilled to join NetComm Wireless earlier this year. The Company is at the forefront of engineering led innovation within the global telecommunications industry. In my new role, I look forward to working with a highly talented team of hardware, software and RF engineers committed to developing real world solutions for customers across FTTdp, Fixed Wireless and wireless M2M.”

About NetComm Wireless

NetComm Wireless Limited (ASX: NTC) is a leading developer of Fixed Wireless broadband, wireless Machine-to-Machine (M2M)/Industrial IoT and Fibre and Cable to the distribution point (FTTdp / CTTdp) technologies that underpin an increasingly connected world. Employing our Listen. Innovate. Solve. approach, we provide solutions for the unique requirements of leading telecommunications carriers, core network providers, system integrators, government and enterprise customers worldwide. For over 35 years, NetComm Wireless has engineered new generations of world first data communication products and is now a globally recognised communications technology innovator. Headquartered in Sydney (Australia), NetComm Wireless has offices in the US, Europe/UK, New Zealand and Japan. For more information, visit

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Source: NetComm Wireless Limited
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November 16, 2016 at 2:47 pm

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Announcing The Fintech Asia 100 of 2016 Brought to You by EY

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SINGAPORE/PRNewswire/ — The FinTech Asia 100 list of this year’s top 100 fintech movers and shakers were revealed in front of a live audience last night at the Aura Sky Lounge, at the National Gallery. It was also the opening networking event of the Singapore FinTech Festival.

The FinTech Asia 100 is compiled by Next Money, in partnership with EY and supported by Visa. This 2016 list includes some familiar names of the regional fintech scene, and additional new players, such as Jun-Seong Han, CFIO (Chief Future Innovation Officer) Hana Financial Group (Korea) and Cindy Chow, Executive Director Alibaba Entrepreneurs Fund (China), who have earned their way into this coveted top 100.

Some interesting statistics to note from the FinTech Asia 100 are that 26% of this year’s selection are female and out of the 100 fintech leaders, 38 are entrepreneurs, 41 are CEOs and 15 different markets are represented, which is up from 13 last year. India has the most members on the list, with 18 individuals and Singapore, Hong Kong and mainland China are tied with 15 individuals each on the list.

The FinTech Asia 100 individuals were selected by the following nine judges that represent a thorough cross-section of the fintech community throughout the region.

Rob Findlay, CEO, Next Money, Singapore
Varun Mittal, Regional Head of Operations and Fund Management helloPay and Lazada Group, Singapore
Markus Gnirck, Partner, Tryb, Singapore
Natalie Fleming, Board Member, Fintech Association of Japan, Japan
David Lynch, CEO, CPT Global, Australia
Jon-Tzen Ng, Head, Strategy & Design at Ping An Technology, China
Sukhoon Eun, Founder & CEO, Superstring, South Korea
Maaike Steinebach; Chief Executive, Hong Kong Branch and MD Institutional Banking & Markets, Commonwealth Bank of Australia (Hong Kong Branch)
Khemara Ros, Cambodia MBI Manager, Asian Development Bank, Cambodia
All the individuals considered for the FinTech Asia 100 were systematically rated by the judges on the following three key criteria:

A proven track record of positive impact on the fintech sector, be it through investment, exit, market share, shift or growth, in their respective market.
A clear position of leadership in the fintech community and influence through their business, and/or social and media channels.
A clear vision of the future through their work and commentary that builds a better future for the finance industry by challenging the status quo or extrapolating and pushing current financial business models toward the future.
Next Money CEO, Rob Findlay, said: “We are thrilled to present this year’s FinTech Asia 100 with EY and Visa’s support, especially at the beginning of the Singapore FinTech Festival. The growing strength and breadth of accomplishments by all of the individuals included in this year’s list are a testament to the growing maturity of fintech in Asia and across the globe. These are, without a doubt, the individuals that are actively shaping the next iteration of the global finance industry.”

Liew Nam Soon, EY Asean Managing Partner, Financial Services, Ernst & Young Solutions LLP, said: “The FinTech Asia 100 is an important strategic initiative for EY. While fintech has gained ground only in recent years, adoption rates are growing fast in Asia. The EY FinTech Adoption Index indicated that adoption of fintech could double among digitally active consumers within the next 12 months, with markets such as Hong Kong, Singapore and Australia being most active. Local fintechs can benefit from Asia’s influence as part of an increasingly competitive global playing field. They will be able to better leverage opportunities to work collaboratively with the more established companies within financial services, with the ultimate objective of delivering more innovative and customer-centric solutions and offerings to their customers.”

To see the FinTech Asia 100 list in its entirety, go to

About Next Money

Next Money, co-founded by Rob Findlay, is a global fintech community that fosters the reinvention of finance through design, innovation and entrepreneurship. Next Money brings together peers from across disciplines including start-ups, banking, technology and design. Through meet-ups and events, hosting speakers and panelists, members come together to discuss, learn and discover new ways to transform the finance industry for the better. Originating in Singapore, Next Money has grown over the past four years into a global brand represented by city chapters of like-minded people all over the world and continues to expand. Learn more about Next Money and the Fintech Finals 2017, go to

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit

About Visa

Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. For more information, visit, and @VisaNews.

Media Contacts

Mariko Braswell

Sophia Mah

Source: Next Money
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November 16, 2016 at 2:25 pm

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Calypso Appoints Philippe Carrel as Chief Alliances and Marketing Officer

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SAN FRANCISCO/PRNewswire/ — Calypso Technology Inc., a leading provider of capital markets software, announced it has appointed Philippe Carrel as Chief Alliances and Marketing Officer.

The newly created, hybrid position is responsible for all third-party partnerships as well as Calypso’s global marketing efforts. The role reports directly to the Chief Executive Officer and is part of the firm’s Operating Committee.

Since June 2014, Mr. Carrel has served as Calypso’s General Manager for Asia Pacific, following a career with Thomson Reuters in a variety of senior management roles around the world. Earlier in his career he was a derivatives trader and risk manager. He is also a published author and regular speaker at risk management conferences.

“Philippe is a spectacular fit for this position,” said Pascal Xatart, CEO at Calypso. “His successful track record as a relationship manager will strengthen our existing strategic partnerships and help us forge new alliances in the future. His domain expertise and extensive experience working with Calypso customers will ensure our marketing team is focusing on the issues that are most relevant to our clients and prospects.”

“Partnerships are a core component of Calypso’s go-to-market strategy,” Carrel says. “We look forward to building alliances that allow us to remain on the cutting edge of the industry transformation. With this new organization, Calypso will continue to acquire best practice from our direct and partner sales channels and deliver value to our customers by way of thought leadership and content marketing.”

About Calypso Technology, Inc.

Calypso Technology, Inc. is a leading provider of cross-asset front-to-back technology solutions for financial markets. It provides customers with a single platform for consolidation, innovation and growth. With 19 years of experience delivering software and services for trading, risk management, processing and accounting, the Calypso solution helps bring simplicity to complex business and technology challenges. Calypso solutions address needs for the capital markets, investment management, clearing, collateral, treasury and liquidity. Clients can benefit from greater efficiency, improved risk management, better allocation of capital, faster regulatory compliance, quicker time to market and reduced Total Cost of Ownership. Calypso Technology offers solutions that improve reliability, adaptability and scalability.

Calypso is used by over 34,000 market professionals in over 60 countries representing more than 200 financial institutions across Asia, Americas, Europe, Middle East and Africa. Calypso Technology has over 700 staff in 21 global offices, with headquarters in San Francisco, California. “Calypso” is a registered trademark of Calypso Technology, Inc. in the United States, the European Union and other jurisdictions. Other parties’ trademarks or service marks are the property of their respective owners and should be treated as such.

Media Contacts:

Calypso Technology
Chris Shayne
+1 415 530 4147

Source: Calypso Technology

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November 16, 2016 at 2:09 pm

Posted in Uncategorized