Author: Marie Jones

SEOUL, KOREA – Suprema, a global leader in biometrics, today announced the launch of its new SFM6000 Series fingerprint embedded modules. Loaded with the range-leading 1GHz CPU and latest Suprema algorithm, the new SFM6000 Series achieves the world’s fastest matching speed of up to 5,000 matches per second and massive user capacity of up to 25,000 fingerprint templates. For developers, the new SFM6000 Series now allows the easier integration by supporting open source hardware platforms including Arduino and Raspberry pi. SFM6000 Series is designed to provide optimal fingerprint authentication solution for various areas including access control terminals, time attendance devices, door locks,…

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With today’s kickoff of the Responsible Business Forum on Food & Agriculture in Jakarta, CropLife Asia Executive Director Dr. Siang Hee Tan highlighted the game-changing benefits of innovative plant science technologies and the role they play in benefitting smallholder farmers in ASEAN and Indonesia. Dr. Tan led a working group discussion panel focusing on how to improve regional smallholders’ access to finance, technology, knowledge and markets with the aim to enhance productivity, profitability, environmental stewardship across the value chain for grains. Asia is home to 85% of the world’s 525 million smallholder farmers – and roughly 39 million of those…

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Ausnutria Dairy Corporation Ltd (Ausnutria), a leading dairy industry company with production facilities principally based in the PRC, the Netherlands and Australia, announced its annual results for the year ended 31 December 2016. In 2016, despite the intense market competition of infant formula in the PRC, Ausnutria’s product development continued to grow. Aided by the benefits from business structure and adjusted strategy, sale of own-brand cow milk-based and goat milk-based infant formulae continued to increase, contributing to the improvement in the financial performance of the Group. For the year under review, the Group’s revenue increased by 30.3% to RMB2,740.3 million,…

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acobson Pharma Corporation Limited, a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, announced today that it will acquire 70% interest in Hong Ning Hong Group (comprising “Hong Ling Hong Limited” and its Hong Kong subsidiary), at a total consideration of HK$56 million. When the acquisition is completed, the Hong Ning Hong Group will become an indirect non-wholly owned subsidiary of Jacobson Pharma. This is a strategic move undertaken by Jacobson Pharma to advance its sales channel and expand its distribution network, and thereupon strengthens its presence and penetration in the…

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Effective platform for exchange among global entertainment industry; Variety of seminars feature renowned international speakers HONG KONG — The 21st edition of the Hong Kong International Film and TV Market (FILMART) sprang into action for a four-day run at the Hong Kong Convention and Exhibition Centre. A premier trading platform for the international entertainment industry, this year’s FILMART welcomes more than 800 exhibitors from 35 countries and regions. In addition to major film companies in Hong Kong, many overseas exhibitors have set up pavilions at FILMART to promote their local entertainment productions, including the United States, the United Kingdom, Canada, the…

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HONG KONG — With the theme “Excel Beyond Limits” and the mission to foster service excellence in Hong Kong, the Hong Kong Association for Customer Service Excellence (HKACE) collaborated with CSG to conduct a research study to understand the perception and expectation towards the Customer Service industry in Hong Kong from both customers and frontline staff. The study was conducted in Dec 2016 and we interviewed a total of 1,300 respondents for this study: 1. Hong Kong customers (N = 500) 2. Customer Service employers (N = 200) 3. Young Customer Service employees (N = 300) 4. Young graduates job seekers…

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Participants from Emerging Markets on the Rise Survey: Buyers Optimistic on Chinese mainland Market HONG KONG — Organised by the Hong Kong Trade Development Council (HKTDC), the fourth Hong Kong International Diamond, Gem & Pearl Show (28 February-4 March) and the 34th Hong Kong International Jewellery Show (2-6 March) concluded successfully. The two shows featured about 4,480 exhibitors, and attracted over 85,000 buyers from 144 countries and regions, up six per cent over last year. More than 33,000 buyers visited the Diamond, Gem & Pearl Show, while some 52,000 visitors attended the Jewellery Show. Watch our fair video here: https://youtu.be/uuEdwVNqcwk “Despite…

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JAKARTA, INDONESIA — In regard to the article from Agence France-Presse (AFP) entitled “Jakarta Mining Policy Shift Sparks Turmoil”, published this week in The Business Times of Singapore, ChannelnewsAsia.com and Todayonline.com among others, the Ministry of Energy and Mineral Resources of the Republic of Indonesia would like to state its concerns and objections as follows: 1. The article title is misleading. 2. The news is tendentious and imbalanced, and discredits the Government of Indonesia. 3. We hereby present our objections in detail and share our explanations: a. The Government of Indonesia encourages and fully supports any investment in Indonesia, both foreign…

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SINGAPORE – BlackGold Natural Resources Limited (BlackGold) announced that it has signed a share placement agreement with Johanes Budisutrisno Kotjo pursuant to which the group intends to issue 39,511,654 new ordinary shares in the capital of the Company at S$0.0901 per share to raise gross proceeds of up to S$3.56 million. The rationale for the placement is to strengthen the working capital position of the Group. The Group has recently secured long-term coal sales to two large state-owned enterprises in Indonesia. The Company intends to use the entire net proceeds for general working capital of the Group. Kotjo has…

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India Offers Long-term Business Relocation Opportunities  HONG KONG –The economic headwinds facing Hong Kong’s exports have eased in the early part of 2017, reflecting a broad improvement across major industries. The Hong Kong Trade Development Council (HKTDC) today released its latest Export Index for the first quarter of 2017 (1Q17), which monitors the sentiment of Hong Kong traders and gauges near-term export prospects. The Export Index rose to 47.1, an increase of 13.4 from the fourth quarter of 2016, marking the biggest jump in recent years, although it remains below the watershed mark of 50. “Despite the still challenging global…

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New Laboratory Embodies Company’s Motto of ‘Creativity Beyond Chemistry’ SAN FRANCISCO, CA — Connell Brothers Company (CBC), a division of Wilbur-Ellis and the largest marketer and distributor of specialty chemicals and food ingredients in Asia-Pacific, announced today the acquisition by Connell Brothers Company (India) Pvt. Ltd. of the assets of The Topical Lab located in Mumbai, India. This acquisition by CBC India further reinforces the commitment by the Company to be the leading chemical distributor in Asia. The Topical Lab is a research hub for aesthetic dermatological formulations development where ideas are turned into innovative, market-ready brands. Developed and brought to…

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CropLife Asia 2017 Annual General Meeting Kicks off, Bringing Industry Representatives together to Discuss Challenges to Regional Food Security & Role of Plant Science SINGAPORE — In commencing its 2017 Annual General Meeting today in Singapore, CropLife Asia began a two-day event that is bringing together international and regional leaders in the plant science industry as well as the larger agricultural community. The yearly event provides a platform for these agriculture experts to share insights around the topic of safe and sustainable Food Security for Asia as well as discuss global and regional best practices. The topic of helping ensure Food…

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Both PBT and PAT increased by 114.8% and 116.5% respectively as compared to Q3FY16. The Company is newly listed on Bursa Malaysia as the largest IPO by Market Capitalisation since May 2015.   KUALA LUMPUR — Serba Dinamik Holdings Berhad (“Serba Dinamik Holdings” or the “Company”), is a recent debut on the Main Market of Bursa Malaysia on 08 February 2017. The Company’s Initial Public Offerings (“IPO”) is also known as the largest IPO by market capitalisation since May 2015. Serba Dinamik Holdings, together with its subsidiaries (“Group”), an energy engineering services provider to the oil and gas (“O&G”) and power…

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Marriage of Strengths to Develop High-Quality Financial Services HONG KONG — Neo Telemedia Limited (“Neo Telemedia” or the “Group”; stock code: 8167) announced that it has signed a non-legally binding, save for the confidentiality clause, strategic cooperation memorandum of understanding (“MOU”) with China Taiping Life Insurance (Hong Kong) Company Limited (“TPLHK”) on 27 February 2017. The two companies agreed in principle to actively explore different forms of cooperation and jointly develop financial business. As one of the professional life insurance subsidiaries of China Taiping Insurance Holdings Company Limited (“China Taiping”), TPLHK manages the operation of China Taiping’s life insurance, annuity life…

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Focuses on Developing Hong Kong Capital Market and Unleashing Potential Value    HONG KONG — China New Town Development Company Limited (the “Company” or “CNTD”; HKEX: 1278.HK), which just completed delisting from the Main Board of SGX-ST to focus on the Hong Kong capital market, yesterday hosted the market open ceremony at the Hong Kong Stock Exchange with its controlling shareholder CDB Capital, China Development Bank Hong Kong Branch and representatives of its partners as witnesses. With its capital structure optimized after the delisting and the support of its formidable shareholder China Development Bank, CNTD looks forward to better realizing the…

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NEW YORK, NY — Loyyal, the leading blockchain network for the loyalty and rewards industry, today announced a client and value-added reseller relationship with Quidam Ltd., an Asia-based (Hong Kong) provider of next generation data brokering and analytics solutions based on A.I. and blockchain technology for the media industry. As a client, Quidam will run a number of pilots on the Loyyal platform, testing and leveraging the unique capabilities of blockchain technology for the delivery of its services as a digital marketing agency to its clients. The pilots discussed focus on mass media and global gaming companies and will become available…

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Tsukuba, Japan — Researchers developed a semi-transparent organic solar cell that achieves better efficiency and transparency than existing ones, according to a recent study in the Science and Technology of Advanced Materials (STAM). Semi-transparent organic solar cells (OSCs) have potential for providing low-cost, large-area energy conversion devices for various applications such as windows, roof covers and greenhouses. However, it is challenging to achieve semi-transparent OSCs with high power conversion efficiency (PCE) and high transparency at the same time. Usually, the active materials of OSCs consist of a binary blend of a visibly absorbing donor polymer and a fullerene acceptor. The average…

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Individual gold nanorods could be used to develop smaller, portable mercury sensors that test for the highly toxic metal in air, soil and water. Tsukuba, Japan — Mercury is harmful even in small amounts. Detecting it currently requires expensive equipment. Researchers are working on a faster and cheaper alternative: a portable sensor that can perform a rapid analysis in the field. The key is finding something small and accurate enough to do the job. For many years, scientists have studied tiny gold nanorods for making smaller mercury sensors. Recently, a team from the Tyndall National Institute based at University College Cork…

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Projecting 650,000 Passengers in 2017 JAKARTA — The national flag carrier Garuda Indonesia, in a joint press conference with Tourism Australia, announced that it will increase seasonal flight frequencies on the Jakarta – Australia routes from 4 to 5 flights per week and Bali – Australia routes from 6 to 7 flights per week from May until October 2017. This comes on the back of strong visitor arrivals from Indonesia to Australia in 2016 and improved route performance supported by its successful partnership campaign with Tourism Australia. Through the addition of the Australian frequency, Garuda Indonesia targets a growth rate of…

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HONG KONG — Flying Financial Service Holdings Limited (Stock Code: 8030.HK) (“Flying Financial” or “Company” and its subsidiary companies called “Group”) was pleased to announce that Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2016, it is anticipated that the Group’s consolidated profit attributable to owners of the Company for the year ended 31 December 2016 would increase significantly by approximately 140% as compared to the corresponding period in 2015. The rise in consolidated profit attributable to owners of the Company was primarily attributable to (i). investment income of…

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