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Indian Food, Bollywood and Festivals Voted Top Three Loves Connecting Overseas Indians with India, Says Western Union

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Indians by birth and descent unison in their top loves reveals International Western Union Nielsen survey
MUMBAI, India /PRNewswire/ — The top three iconic characteristics connecting overseas Indians most to their roots are, perhaps not surprisingly, Indian food, Bollywood and festivals reveals an international survey released today by Western Union (NYSE: WU), a leader in global payment services.
Western Union’s “Great loves that binds overseas Indians back home” survey conducted by Nielsen asked Indians by birth or descent across major regions of the world with large Indian diaspora, the top three things that connected them most to India.
Over a fifth (21%) said it was Indian cuisine, 15 per cent named Bollywood films and music and seven per cent said traditional festivals such as Diwali. Rounding out the top five were the sporting game cricket at 6 per cent and Ayurveda herbal healing at five per cent.
Indian food and Bollywood were more easily accessible in their current country of residence than Festival celebrations, Cricket and Ayurveda. It confirms that the cultural spirit and characteristics of India have spread globally just as Indians have crossed borders to live and work across every major region in the world.
The Ministry of Overseas Indians estimates that over 25 million Indians lives overseas in 194 countries based on documented statistics representing Non-Resident Indians and Persons of Indian origin. Western Union in 2011 remitted money from 196 countries into India via its network of more than 110,000 Agent locations located in 6000 towns, 497 cities across all 28 states in India as of 30 September 2012.
The ranking of the top three “Great Loves” was similar for respondents originally from India and those with Indian descent. However, those with Indian descent were more enthusiastic over Bollywood and Festivals, versus those emigrants from India who favoured Indian cuisine and Ayurveda more.
“As company moving money for overseas Indian for more than 19 years from nearly every corner of the globe — we are familiar with their adaptation as global citizens. Western Union’s survey — unsurprisingly proves that the spirit of India has transcended global borders and is alive and kicking just as it is within the Indian nation,” said Kiran Shetty, Regional Vice President and Manager Director, India at Western Union.
“Naturally, what binds Indians overseas and India together most of all is family and friends, no matter where they are spread in the world. Icons of culture also serve to define our national identity, and Indians around the world have very consistent feelings on what those symbols are,” he said.
“It is also encouraging to see that Indian culture is being handed down very effectively around the world, with Indians born overseas identifying with the exact same symbols of India as their parents do.
“In formally documenting the great loves of Indians living or working overseas, it is a great reminder of traditional values. This is timely — as Indians all over the world prepare to celebrate Diwali — the festival of light, celebrating life, its enjoyment and goodness,” Mr Shetty said.
Classical music & dance, places of worship, handicrafts, Indian traditional wear and yoga got greater rankings than Indian weddings, superstitions / myths, palaces and heritage places.
The 12-country survey conducted by Nielsen covered over 600 respondents. Thirty per cent were overseas born and those born in India had a median length of stay of nine years.
For the Indian Info Graphic, please click here.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving US$81 billion of principal between consumers, and 425 million business payments. For more information, visit http://www.westernunion.com.
Western Union media contact:
Pia De Lima, Western Union Asia Pacific
+852-9261-8155 (Hong Kong)
Pia.DeLima@westernunion.com
Source: Western Union

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November 8, 2012 at 2:20 pm

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TCS and AGL Project Wins SAP Customer Award of Excellence 2012

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Project Spectrum Transformation Program Recognised in SAP’s Best Run Value Realisation Category
MUMBAI, India /PRNewswire/ — Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, announced that AGL, one of Australia’s leading integrated renewable energy companies, and TCS have jointly won the SAP Award of Excellence for Best Run Value Realisation for “Project Spectrum”, a major initiative to transform AGL’s billing processes and services.
AGL selected TCS as its IT services partner for Project Spectrum, a major transformation program started in 2010 to implement the SAP Industry Specific Utility (IS-U) Billing Solution. The goal of the project was to move all AGL customers into a single instance of SAP. Whilst simplifying from 45 disparate systems to one, AGL improved data integrity and brought new efficiencies to account management and servicing, greatly reducing total cost of ownership while enhancing customer service. Project Spectrum has been highly successful and well-received by AGL and by its 20,000 Commercial and Industrial (C&I) customers representing A$3 Billion of annual revenues for AGL. The TCS-driven implementation of the SAP IS-U solution has assisted AGL to further differentiate its service offering in the competitive Australian energy market.
“AGL is delighted to win this prestigious SAP implementation award with our partner TCS,” said Jason Clark, Spectrum Program Director, AGL. “I am proud to state that AGL is one of the first utilities in the world to consolidate all B2C and B2B customers onto a single Utilities Billing platform, and the results have been outstanding and incredibly well received both within AGL and with our customers.”
“We are pleased to receive this award from SAP, one of our key industry partners, for the major transformation project we have completed with AGL, who are a long standing and valued client”, said Deborah Hadwen, Chief Executive Officer, TCS Australia and New Zealand. “Project Spectrum is a great example of how the technology and expertise of SAP and TCS combined to create industry-leading solutions that assisted AGL to improve its business infrastructure and capabilities.”
Scott Hirst, Utilities Industry Lead, SAP Australia & New Zealand, added, “Project Spectrum is an outstanding example of AGL leveraging their SAP CRM and Billing solution as a platform to consolidate disparate systems and centralise customer data. SAP is pleased to recognise Project Spectrum for delivering real business outcomes, driving down costs and improving customer service.”
The strategic rationale for AGL’s Project Spectrum was to reduce application support costs, improve AGL cash flow, reduce operating costs as well as improve system stability and avoid expensive disaster recovery costs. Project Spectrum has resulted in a considerable return on investment for AGL.
Recognised as a world leading SAP Global Partner, TCS has extensive experience across the complete life cycle of SAP enterprise solutions. TCS provides consulting, end-to-end implementations, upgrades, and support services — assisting customers to enhance value from their SAP investments. TCS has received a number of awards for SAP projects in Asia Pacific, including a Partner Impact Award in May 2012, acknowledging the superior SAP HANA sales performance and SAP practice expansion in the region. SAP selects award winners from a highly competitive pool of submissions by an independent panel using judging criteria based on the company’s effective use of resources, ability to meet business objectives, and agility in adapting to changing market conditions.
About AGL
AGL is one of Australia’s leading integrated renewable energy companies and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on 175 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia’s largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia’s largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities. For more information, please visit http://www.agl.com.au
About Tata Consultancy Services
Tata Consultancy Services is an IT services, consulting and business solutions organisation that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognised as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 243,000 of the world’s best-trained consultants in 42 countries. The company generated consolidated revenues of US $10.17 billion for year ended March 31, 2012 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at http://www.tcs.com
TCS Media Contacts:
Global:
Email: pradipta.bagchi@tcs.com
Phone: +91-22-6778-9999
Europe / UK:
Email: abhinav.kumar@tcs.com
Phone +32-22821927
India:
Email: h.ramachandra@tcs.com / shamala.p@tcs.com
Phone: +91-22-6778-9078 / +91-22-6778-9081
USA / Canada:
Email: m.mccabe@tcs.com
Phone: +1-646-313-4594
Asia Pacific:
Email: sean.davidson@tcs.com
Phone: +65-9139-3668
Australia & New Zealand:
Email: alex.goldrick@tcs.com
Phone: +61-402-957-321
Source: Tata Consultancy Services

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November 7, 2012 at 10:03 am

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Australian Forex Provider Vantage FX Releases New, Exceptional Adaptation of MetaTrader 4

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SYDNEY /PRNewswire/ — Leading Australian Forex provider Vantage FX has released a brand-new, significantly developed version of their MetaTrader 4 (MT4) platform.
The upgrade has a series of new, exciting features built directly onto the existing MT4 software, now with one-click trading, auto-copy trading and one-click partial close. The improved platform has been designed with an even more intuitive user-interface, including a series of advanced trading tools, new inclusions of customisable indicators and an updated control panel.
In a world-first, Vantage FX’s new MT4 also gives traders free 24-hour access to Binary Options trading directly within MT4. All clients will have free access to trial binaries without having to navigate away from the platform. All available in live real-time, especially advantageous for 60 Second Binary Options trading.
“The new platform allows for an enhanced overall user experience for all clients whether in the demo or live trading environment,” said Antony Goddard, Managing Director of Vantage FX. “Traders who are comfortable with the old MT4 will be happy to know that the platform retains all the existing functionality of the older build. The new platform will give clients the ability to manage their trading account with more ease than ever before.”
This calibre of trading software, combined with Vantage FX’s 2012 IBTimes award-winning Forex execution speeds, extremely competitive pricing and award-winning 24-hour premier support team, make the Sydney-based provider’s offering one of the most desirable in the industry.
A full trial version of MetaTrader 4 is available for traders to download now. This 30-day demo version is a mirror of the live trading environment and will show you an exact replica in regards to spreads and trade execution. Sign up for a free $20,000 Demo account today along with a complimentary eBook copy of ‘MetaTrader 4 User guide’ at http://www.vantagefx.com.
About Vantage FX
Vantage FX is an award winning Australian financial services firm providing online Forex trading capabilities to retail, high-net worth and institutional clients in globally. This year, Vantage FX are winners of Best Forex Execution (Asia Pacific IB Times Trading Awards), Best Forex Broker & Forex Execution House – South East Asia (The DealMakers Annual Banking Awards) and Best Forex Broker Australasia (World Finance Foreign Exchange Awards).
Vantage FX is continually striving to provide a client-friendly, totally interactive Forex experience. As a team we always look to innovate and take advantage of the latest technology, passing on benefits to our clients. Vantage FX is a Corporate Authorised Representative of Enfinium Pty Ltd (AFSL No. 322081 and regulated by Australian Securities and Investments Commission (ASIC).
For more information
Contact: Darren Spicer, Vantage FX MT4 Expert
Phone: +61-1300-945-517
Email: dspicer@vantagefx.com
Source: Vantage FX

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November 2, 2012 at 2:52 pm

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Huaxia Dairy Creates New CEO Position to Drive Further Expansion and Raises US$50 Million of Additional Capital to Fund its Growth Plan

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High-Quality Milk Producer Appoints Industry Veteran George Zhang Amidst Growing Demand for Premium Dairy Products in China
SANHE, China/PRNewswire/ — Huaxia Dairy Farm Limited (“Huaxia Dairy”), a high-quality milk producer in Sanhe, China, announced today that dairy industry veteran, Mr. Jia Qi “George” Zhang, will join the firm in the newly-created role of CEO effective December 18, 2012. The company also confirmed that an investor group led by Olympus Capital Holdings Asia (“Olympus Capital”) has invested an additional US$50 million. Other investors include California Technology Ventures, Herostar Holdings and Grand River Capital. The investment proceeds will be used to continue to fund capital expenditures and pursue expansion opportunities.

George Zhang
Huaxia Dairy was established in 2004 by a group of entrepreneurs focused on creating a world-class dairy farm in China. The milk produced at Huaxia Dairy meets world class standards and is used to supply major dairy companies in China for their premium products, as well as for the production of Huaxia Dairy’s own high-end brands — Wondermilk and Wonderyogurt.
In July 2011, Olympus Capital, an Asian middle-market private equity firm, led an investor group that included Mueller Milch Management (“Mueller Milch”), one of the leading European producers of dairy products, to invest US$45 million in Huaxia Dairy for a significant minority stake. With this recent round of funding, Olympus Capital has invested US$38 million bringing its total investment in Huaxia Dairy to US$68 million.
To meet increasing customer demand, the company is currently in the process of expanding with two new farms scheduled for completion in the next few months. The company is also expanding its upscale Wondermilk gelato and yogurt stores in Beijing with the newest store now open in Houhai and five stores planned to be open by year end.
Mr. Zhang is a highly-regarded professional with over 15 years of leadership experience in agriculture, primarily in the dairy and agrochemical sectors in China. His previous roles include Managing Director of DeLaval China, a leading producer of dairy and farming machinery headquartered in Sweden and part of the Tetra Laval group, and Head of Business Development for Syngenta China, a global agrochemical company headquartered in Switzerland.
Charles Shao, Founder and Executive Chairman of Huaxia Dairy, said: “George is a highly-regarded expert in China’s dairy industry and brings with him an impressive track record with leading international firms and local knowledge. We are very fortunate to have George coming on board as CEO to help drive forward further expansion. With dairy consumption per capita in China still on the low side, but growing annually, the opportunity for growth in this sector continues to be significant. The expanding middle class in China will continue to drive demand for high-quality milk and milk products that are safe and traceable. This additional round of investment is a strong endorsement of our growth strategy by our current investors, who are contributing over 90% of the funds.”
Peter Cimmet, an Executive Director at Olympus Capital and a Huaxia Dairy Board member, commented: “George has a unique blend of international perspective and local dairy expertise, which will be key to building Huaxia’s premium, world-class platform in China. Going forward, as the founder and chairman of the company, Charles will remain the visionary leader and George will be the operational driver of the growth strategy, each complementing the other and working closely together.”
George Zhang, CEO of Huaxia Dairy, concluded: “I am looking forward to help drive Huaxia Dairy’s next stage of development into an even stronger and larger player in the premium segment of the China dairy industry. We will continue to focus on the Beijing and Tianjin markets and also plan expansion into other high-value markets within China such as Shanghai. Our strategy will continue to be based on the upstream supply of raw milk, since that is a space where Huaxia Dairy has real differentiation, in terms of technology, safety systems and the strong industry relationships that have been cultivated since inception and which I hope to further enhance. We will also further develop our Wondermilk brand which has been experiencing strong growth in the Beijing market on a viral basis.”
About Huaxia Dairy Farm
Huaxia Dairy Farm Limited operates one of the largest progressive corporate dairy farms in China, and is a leading producer of high-quality raw milk in the Beijing-Tianjin region, based in Sanhe of Hebei province, China. Established in 2004, the company is known for its extensive deployment of modern advanced technology to ensure a spotless safety record and quality milk that surpasses international standards. Apart from supplying dairy processing companies with milk, Huaxia Dairy also has a retail presence with Wondermilk and Wonderyogurt. Through collaborative partnerships with strategic industry players both in China and overseas, Huaxia Dairy aims to contribute to the advancement of the dairy industry in China through various aspects of modern technology transfer; raising the standards of animal healthcare, veterinary practice and training; improving dairy herd genetics and feed structure; as well as introducing precision laboratory testing and traceability.
Media Contacts:
In Asia (ex-China):
Corliss Ruggles
Edelman
Tel: +852-2837-4719
Email: corliss.ruggles@edelman.com
Jessica Riddiford
Edelman
Tel: +852-2837-4771
Email: jessica.riddiford@edelman.com
In China:
Stevenson Xiang
Edelman
Tel: +86-21-6193-7513
Email: stevenson.xiang@edelman.com
Source: Huaxia Dairy Farm Limited

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November 2, 2012 at 11:22 am

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Polaris Appoints Jitin Goyal as President and Head of Worldwide Sales and Account Management

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CHENNAI, India, NEW JERSEY, LONDON and SINGAPORE/PRNewswire/ — Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology Company, today announced Jitin Goyal as President and Head of Worldwide Sales and Account Management. Prior to this role, Jitin served as a Consultant and Senior Anchor for the Strategic Outsourcing Business at Polaris. In the new role, Jitin will report to the Chairman & CEO, Arun Jain.
Jitin has a rich repertoire of experience in the Financial Technology vertical. He served more than 10 years at Infosys in various senior roles across US, UK and Continental Europe including Head of Sales for their European business and later, Head of Banking & Capital Markets vertical for Europe.
Prior to Infosys, Jitin was with Citibank, India, where he honed his banking skills and acquired a comprehensive view of the banking business.
Jitin’s addition to the leadership comes at an interesting stage in Polaris’ journey where the focus is moving towards larger deals. The company’s twin growth engines of Services and Products have meanwhile posted robust growth last fiscal, with Services growing 25% and Products growing 43%.
About Polaris Financial Technology Ltd.
Polaris Financial Technology Ltd (formerly known as Polaris Software Lab Ltd.) (POLS.BO) is a leading Financial Technology company, with its comprehensive portfolio of products, services and consulting. Polaris has a talent strength of over 13,500 solution architects, domain and technology experts. The company owns the largest set of Intellectual Properties in the form of a comprehensive product suite, Intellect GUB M180. Intellect is the first pure-play, SOA-based application suite for Retail, Corporate, Investment banking and Insurance.
Polaris is headquartered in Chennai and has offices in all global financial hubs, including Bangalore, Belfast, Chennai, Chicago, Dhaka, Dublin, Dubai, Frankfurt, Hong Kong, Ho Chi Minh City, Hyderabad, Kuala Lumpur, Lisle, London, Madrid, Manila, Melbourne, Mississuaga, Mumbai, Nairobi, Neuchatel, New Delhi, New Jersey, Paris, Pittsburgh, Pune, Riyadh, Santiago, San Francisco, Seoul, Shanghai, Singapore, St. Germain En Laye, Sydney, Thane, Tokyo, Toronto, Victoria and Wicklow. For more information, please visit http://www.polarisFT.com/
For media-related info, please contact:
Minal Sahani
Polaris Financial Technology Ltd.
Mob: +91-91766-26468
e-mail: minal.sahani@polarisFT.com
For investor-related info, please contact:
G. Sunanthy Devi
Polaris Financial Technology Ltd.
Mob: +91-89399-33564
e-mail: sunanthy.g@polarisFT.com
Source: Polaris Financial Technology Limited

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October 15, 2012 at 5:05 pm

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FOREX CLUB: Kazakhstan’s Economy Expected to Grow by 6% in 2013

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MOSCOW /PRNewswire/ —
The rate of inflation is expected to hit 7% by 2013
Gold expected to reach $2,232 by 2013, an increase of 27.1%
Speaking at a recent conference in Almaty, Kazakhstan, Anatoly Hegai, Analyst of FOREX CLUB, said he expects Kazakhstan’s GDP to grow by 6% in 2013, while also predicting that the volatility in the economy would continue until the end of the year. This is understood to be mainly due to the continued uncertainty in the Eurozone and a general slowdown in the world economy, putting further pressure on domestic demand, as well as growth in Kazakhstan’s loan portfolio.
(LOGO: http://photos.prnewswire.com/prnh/20120517/533090 )
The current climate indicates that the pace of Kazakhstan’s GDP growth in 2012 is unlikely to achieve the previously identified targets of 6.0% – 6.5% and is more likely that the increase in GDP in the current year will be instead around 5.5% – 5.7%.
Anatoly Hegai, Analyst of FOREX CLUB, said: “The current fragile state of the global economy continues to put pressure on the balance of Kazakhstan’s payments. Current account surpluses in the second half of 2012 are expected to reach 1.47 to 1.97 billion US dollars against 2.53 billion dollars in the first half. This will see the Tenge potentially reach 149 to 150 against the US dollar. However, the expected reduction of the debt crisis in the Eurozone by 2013 will moderately improve the balance of payments – we expect a surplus of 6 billion US dollars by 2013, from 4.0 to 4.5 billion in 2012.”
Hegai went on to suggest that the debt crisis in the Eurozone is likely to ease in early 2013, providing additional support to both the commodity markets and Kazakhstan’s economy. He predicted that by the end of 2013 the country’s GDP could grow by 6.1% – 6.4% and that the acceleration of inflation is expected to be 6.5% – 7.0% versus 6.0% – 6.2% this year.
Nikolay Ivchenko, Deputy Head of Research of FOREX CLUB, also speaking at the conference, said: “One of the most interesting investments right now is gold. The introduction of new stimulus measures by the US central bank could very well increase the price of gold to $1,800 by the end of 2012, up 2.5% from its current level.
“Our experience has shown that following individual rounds of quantitative easing in the U.S., the price of gold continues to rise with an appreciation potential of around 25%. We would therefore expect to see gold reach $2,232 by the beginning of 2013, an increase of 27.1%. With no VAT on cash transactions of gold in Kazakhstan, this makes it an attractive investment opportunity to the public.”
IMPORTANT NOTE
The views expressed in this release are for information purposes only and do not constitute the provision of investment advice or an offer to sell or the solicitation or an offer to buy, or a recommendation to buy or sell securities or services.
About the Speakers
Nikolay Ivchenko has been working in FOREX CLUB Group of Companies since 2004 and has been Deputy Head of Research since 2010. From 2003 to 2004, Nikolay was a senior lecturer at the Department of Finance of the Crimean Institute of Business. Prior to 2003, he worked as an economist in Russian investment companies. Mr Ivchenko specialises in fundamental analysis, analysis of the situation in the world economy and Ukraine’s economy, as well as the dynamics of the exchange rates of major currency pairs. In addition, Nikolay analyses the metals market and the U.S. stock market.
In 2003-2004 Nikolay completed courses for securities brokers. Between 2001 and 2003 he was a postgraduate student of Orenburg State University. He graduated from Orenburg State University with a Bachelor Degree in Banking.
Nikolay Ivchenko’s biography in pdf.
Anatoly Hegai has been working in FOREX CLUB Group of Companies since 2007, and since 2011 has been working as an Analyst. Anatoly specialises in analysing the situation in the world economy and the economy of Kazakhstan, dynamics of the major currency pairs and the grain market. He also analyses the dynamics of quotations on the Asian stock markets.
In 2007 he passed a number of additional training courses on the financial markets, achieving an Analyst qualification. Prior to that, he studied at the Department of Management at the Tashkent Road Institute.
Anatoly Hegai’s biography in pdf.
About FOREX CLUB Group of Companies
FOREX CLUB Group of Companies was founded in 1997 and is one of the leading global online trading and forex brokers. FOREX CLUB provides efficient access to trading in the financial markets to hundreds of thousands of clients in more than 120 countries in the world, as well as providing specialised education in online trading and regular financial analytics through its partner, the International Academy of Investment and Trading.
The structure of the group of companies includes, among other businesses, our broker in the Russian Federation, LLC FOREX CLUB (FFMS licence number 004857) and our international broker, FOREX CLUB INTERNATIONAL LIMITED.
FOREX CLUB is one of the principal founders and participants of CRFIN, a self-regulatory organisation established to develop an effective model of forex market regulation in the Russian Federation.
Source: FOREX CLUB

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September 27, 2012 at 4:21 pm

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Ma Ze Hua, President, COSCO Group, & Ng Yat Chung, CEO, NOL Group, to Deliver Keynote Speeches at 6th Annual TPM Asia Conference

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NEWARK, N.J. /PRNewswire-Asia/ — The Journal of Commerce confirmed today that two of the most senior executives in the container shipping industry globally will participate as keynote speakers at the 6th Annual TPM Asia conference. Ma Ze Hua, President of the COSCO Group and Ng Yat Chung, president and CEO of the NOL Group, parent of container line APL, will deliver keynote speeches at the UBM Global Trade organized conference, set for October 17-18 in Shenzhen, China, home to one of the world’s largest container ports.
Both executives will speak to the current state of container shipping and the major issues facing customers, carriers, ports and the broader economy as the industry takes stock of 2012 and begins to look toward 2013. They will address a key theme of the conference, which is how the industry can move toward a less volatile and more predictable future, bringing greater predictability and value to the global supply chains that depend on an effective container shipping system.
Ma Zehua was named Director of the Board, President and Deputy Secretary of Party Committee of China Ocean Shipping (Group) Company (“COSCO Group”) in August 2011. He was formerly President of COSCO (UK) Ltd., General Manager of the Development Division and Assistant President of China Ocean Shipping (Group) Company, President of COSCO America Inc.
Ng Yat Chung was appointed Group President and Chief Executive Officer of NOL beginning October 2011. Prior to joining NOL, Ng was a Senior Managing Director at Temasek Holdings (Private) Limited. Before joining Temasek Holdings, he was the Chief of Defense Force in the Singapore Armed Forces (SAF).
Other confirmed speakers and panelists include:
Lucas Vos, Chief Commercial Officer, Maersk Line
Hua Joo Tan, Executive Consultant, Alphaliner
Mario Moreno, Economist, The Journal of Commerce
Mark Szakonyi, Associate Editor, The Journal of Commerce
Some of the planned session and topics include:
The Economic Environment for Container Shipping
Finding Value in BCO/Shipper and Carrier Relationships
China as a Driver for Containerized Trade – How is it Changing?
The conference will be hosted by the Shenzhen Municipal Port Administration, and organized by The Journal of Commerce. Sponsors and confirmed participating companies include Shekou Container Terminals, Chiwan Container Terminal, DaChan Bay Terminal One, Yantian International Container Terminals, APL, APL Logistics, CMA CGM, Maersk Line, OOCL, Port of Houston Authority Guangzhou Port Group, Inttra, Damco, Modern Terminals and Emirates Shipping Line.
Well over 600 attendees flocked to the 5th Annual TPM Asia conference, held at the Intercontinental in Shenzhen, China on October 11-12th. TPM Asia also attracted 100+ shippers, like Sony, Staples, Target, The Home Depot and more. TPM Asia is now clearly established as the largest and most important annual container shipping conference in Asia. This year, leading figures in the industry will take on the major issues and challenges, offering valuable insights, predictions, and guidance for the attendees.
For more information, or to register for the event, please visit http://www.tpm-asia.com. Its American counterpart, TPM, the world’s largest container shipping conference, will be held on March 3-6, 2013 in Long Beach, California. For more information on TPM, please visit: http://www.jocevents.com/tpm2013.
About The Journal of Commerce: Since 1827, JOC has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally. To become a member of The Journal of Commerce, please visit: https://secure2.halldata.com/joc/land.do?w=745&form=2b&pk=W11MCL.
About UBM Global Trade — UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company’s portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of UBM, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore http://www.ubmglobaltrade.com or call 800-223-0243 (+1-973-848-7250 outside the U.S. or Canada).
MEDIA CONTACT:
Greg March, Asia Director
The Journal of Commerce
gmarch@joc.com

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September 3, 2012 at 11:15 am

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