Kuala Lumpur set to be first overseas city to implement smart city solution
KUALA LUMPUR, Malaysia, Jan 29 (Bernama-BUSINESS WIRE) -- Alibaba Cloud, the cloud computing arm of Alibaba Group, today announced the launch of its Malaysia City Brain initiative in collaboration with the Malaysia Digital Economy Corporation (MDEC), the country’s digital economy development agency, and Dewan Bandaraya Kuala Lumpur (DBKL), the city council in the capital, at a ceremony in Kuala Lumpur. The Malaysia City Brain initiative is a significant milestone because it’s the first time for the City Brain solution to be adopted overseas. It is developed on Alibaba Cloud’s robust cloud computing infrastructure and will support Malaysia’s digital transformation with cloud technology and artificial intelligence. Powered by Alibaba Cloud’s large-scale computing engine Apsara, Malaysia City Brain offers a comprehensive suite of acquisition, integration, and analysis of big and heterogeneous data generated by a diversity of sources in urban spaces through video and image recognition, data mining and machine learning technology. The power and functionality of the City Brain will enable Malaysian urban planners and city officials to upgrade their city governance and decision-making to turn the city into an intelligent one. In the first phase of the program, the capital Kuala Lumpur will roll out the Malaysia City Brain for use in traffic management to improve mobility in the city. With its massive cloud computing and data processing capabilities, the City Brain can optimise the flow of vehicles and traffic signals by calculating the time to reach intersections. It will also be able to generate structured summaries of data, such as traffic volume and speed in particular lanes, which can be used to facilitate other tasks including incident detection. In addition, City Brain can connect with various urban management systems including emergency dispatch, ambulance call, traffic command, and traffic light control. By integrating and analysing real-time data generated from these systems, City Brain can optimize urban traffic flow such as by identifying the quickest route for emergency vehicles to arrive at the scene within the shortest time frame. As the City Brain’s functionality expands, enterprises, start-ups, entrepreneurs, universities, and research institutions will in the future also have the opportunity to access and leverage its artificial intelligence tools to drive a wide range of innovation. mrem.bernama.com/viewsm.php?idm=31054
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SINGAPORE. Jan 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect FMGIL’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect FMGIL’s modest underwriting leverage, prudent capital management policy and direct distribution network capability. FMGIL has a well-established profile within New Zealand’s farming and rural sector. Due to its rural and provincial focus, FMGIL’s insured risks are spread widely across the country. Hence, FMGIL has less geographic risk concentration proportionally relative to its peers. In turn, FMGIL is able to maintain adequate catastrophe protection, while keeping reinsurance costs affordable through a robust reinsurance program. Partially offsetting rating factors are FMGIL’s variable operating performance and a deteriorating trend in its underwriting performance in recent years. Operating results in fiscal years 2016 and 2017 in particular took a downturn, primarily due to claims costs from multiple weather events along with the impact of the November 2016 Kaikoura earthquake. In response, the company has implemented price increases across business lines, and prospective underwriting results are expected to improve. mrem.bernama.com/viewsm.php?idm=31043 NACD to Host Global Boardroom and Cybersecurity Leaders to Elevate Cyber-Risk Oversight Practices
WASHINGTON, Jan 26 (Bernama-GLOBE NEWSWIRE) -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 18,000 corporate board members, today announced its 2018 Global Cyber Forum, which will be held April 17–18 in Geneva, Switzerland. This event recognizes the global nature of cyber threats and gives international scope to NACD’s efforts to drive board members’ greater understanding of, and role in, cybersecurity oversight. An elite group of nonexecutive directors (NEDs) of multinational corporations, C-suite and managing-director-level executives, cybersecurity experts, global cybersecurity policy and law enforcement officials, and other thought leaders will attend the forum. Participants will examine leading board-level cyber-risk oversight practices and explore key themes that include cross-border law enforcement, the shifting global regulatory landscape, the impact of emerging technologies on cybersecurity, and leading practices in cyber hygiene. The forum will engage attendees in a cyberbreach simulation for interactive learning. “As new threats arise amid increased global integration and connectivity, corporate boards need to be well-versed in their companies’ vulnerabilities in order to be prepared in the event of a cyberbreach,” said NACD CEO Peter Gleason. “Our primary goal is to provide NEDs and company leaders with practical information they can take back to the boardroom.” Speakers include:
For more information about the forum, visit www.NACDonline.org/CyberForum. mrem.bernama.com/viewsm.php?idm=31026 TOKYO, Jan. 26, 2018 /Kyodo JBN-AsiaNet/ --
On January 26, 2018, Buddhist philosopher Daisaku Ikeda, President of the Soka Gakkai International (SGI), issued his annual peace proposal, titled "Toward an Era of Human Rights: Building a People's Movement." Ikeda welcomes the July 2017 adoption of the Treaty on the Prohibition of Nuclear Weapons (TPNW) as a turning point in the global history of efforts to achieve peace and disarmament, emphatic that while nuclear weapons exist, a world of peace and human rights will remain elusive. He outlines strategies for gaining support for the Treaty from the nuclear-weapon states and nuclear-dependent states. In particular, Ikeda calls on Japan to declare its readiness to consider becoming party to the TPNW: "Having experienced the reality of nuclear weapons, Japan cannot turn away from its moral responsibility." He asks us to never forget the spirit of the hibakusha - atomic bomb victims - who played a crucial role together with the International Campaign to Abolish Nuclear Weapons (ICAN) in the drafting and adoption of the Treaty, recognized by the award of the 2017 Nobel Peace Prize. The main theme of this, Ikeda's 36th proposal, is that a human rights focused approach is key to resolving global issues, including the nuclear threat. In this year that marks the 70th anniversary of the Universal Declaration of Human Rights, he stresses the need to make the life and dignity of each individual our focal point - the fact that every human being is inherently precious and irreplaceable. He cites the hibakusha and their determination that no one else should suffer what they have endured as exemplifying a foundational spirit for human rights. "The ideal of international human rights law is the quest to protect the life and dignity of each individual, a quest in which the continued pursuit of nuclear arms has no place." Ikeda highlights the power of human rights education in overcoming social divides, stating that its real significance lies in reviving our desire to perceive the common humanity of those different from us. He proposes that youth be the focus for the fourth phase of the UN's World Programme for Human Rights Education, beginning in 2020. Running through the proposal is concern for the lives and human rights of refugees and migrants in the face of discrimination. Ikeda calls for focused efforts to ensure access to education for refugee and migrant children, especially those separated from their families. Urging greater progress toward achievement of the 17 Sustainable Development Goals (SDGs), he proposes deepened cooperation between China and Japan in the form of a local government network for climate action. Ikeda also identifies gender equality as essential to the SDGs, stating: "Gender equality and empowerment should not be regarded as just one element of the SDGs, but rather should be recognized as key to accelerating progress toward the achievement of the entire spectrum of goals." Finally, he calls for a UN international decade for the empowerment of women from 2020 to 2030, the target date for achievement of the SDGs. The Soka Gakkai International (SGI) is a community-based network promoting Buddhist humanism and peace with 12 million members around the world. SGI President Daisaku Ikeda (1928 - ) has issued peace proposals offering a Buddhist perspective and solutions to global problems on January 26 every year since 1983, to commemorate the founding of the SGI. See: www.sgi.org Source: Soka Gakkai International Contact: Joan Anderson Office of Public Information Soka Gakkai International Tel: +81-80-5957-4711 E-mail: anderson[at]soka.jp --BERNAMA Bert Nappier to Succeed Binks June 1, 2018
MEMPHIS, Tenn., Jan 26 (Bernama-BUSINESS WIRE) -- FedEx Corporation (NYSE: FDX) today announced that David Binks, FedEx Express Europe president and CEO of TNT, will retire in June. Bert Nappier, currently FedEx Express senior vice president of finance - international, will succeed Binks in the role effective June 1, 2018. Binks, who started with FedEx in 1983 as part of an acquisition in the UK, rose through the ranks, leading FedEx Express teams in Europe, the Middle East and Canada. Most recently, he was instrumental in the completion of the company’s acquisition of TNT. Nappier joined FedEx in 2005 and has served in a variety of leadership roles. In addition to leading the international finance organization, he serves as co-chair of the FedEx Integration Leadership Council, where he plays a key role leading our TNT integration efforts around the world. “Throughout David’s remarkable 35-year-career at FedEx, he has contributed to the growth of our company around the globe,” said David L. Cunningham, president and CEO, FedEx Express. “We wish him the best in his retirement, and look forward to continued success in Europe as Bert takes on this critical role.” Helena Jansson, a more than 20-year FedEx veteran and native of Sweden, will succeed Nappier as FedEx Express senior vice president of finance - international. About FedEx FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $62 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit http://about.fedex.com. Contacts FedEx Global Media Relations Katie Wassmer, + 1 901-434-5593 or FedEx Express Europe Media Relations Eline Dermaut, + 32 2 752 77 25 or TNT Media Relations Cyrille Gibot, + 31 65 113 31 04 Source: FedEx Corporation View this news release and multimedia online at: http://www.businesswire.com/news/home/20180126005169/en --BERNAMA |
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