KUALA LUMPUR, Oct 31 (Bernama) -- Danajamin Nasional Berhad (“Danajamin”), the country’s first Financial Guarantee Insurer announced the appointment of Muhamad Shahril Othman as a Non-Independent Non-Executive Director of Danajamin effective 19 October 2018. He is a nominee of Minister of Finance (Incorporated). The only other Non-Independent Non-Executive Director in Danajamin is Suresh Menon, representing Credit Guarantee Corporation Malaysia Berhad.
Muhamad Shahril holds a Bachelor of Business Administration with Honours (Marketing) from Universiti Teknologi MARA, Malaysia and Masters of International Economics & Finance, University of Queensland, Australia. He is currently the Senior Private Secretary to Secretary General of Treasury, Ministry of Finance. He started his career with Hong Leong Bank Berhad in 2001 and subsequently served with the Government of Malaysia under several Ministries for 16 years. He was previously appointed as the Advisor to Executive Director, The World Bank and Affiliates. “We are privileged to welcome Encik Muhamad Shahril Othman to our Board of Directors (“BOD”). We are confident that Encik Muhamad Shahril’s valuable experience in investment, financing and risk matters will complement our existing BOD members. This will enable us to step confidently into the next phase of growth and perform our mandated role as the nation’s first Financial Guarantee Insurer.” said Mohamed Nazri Omar, Managing Director and Chief Executive Officer of Danajamin. ABOUT DANAJAMIN Danajamin Nasional Berhad (Danajamin) is Malaysia’s first and only Financial Guarantee Insurer. Established in May 2009, Danajamin’s objective is to ensure that financially viable corporates continue to be able to access the bond market for their long term financing needs and at the same time, be an enabler to further develop the domestic bond and sukuk market. To date, Danajamin has provided its guarantee for bond/sukuk programmes issued by 35 companies across various sectors; and brought about a market impact of approximately RM20.7 billion through its risk sharing collaboration with partner banks. Danajamin has been accorded the highest rating ‘AAA’ by both RAM Rating Services Berhad (RAM) and Malaysia Rating Corporation Berhad (MARC). It is regulated and supervised by Bank Negara Malaysia under the Financial Services Act 2013. Danajamin is equally owned by Minister of Finance Incorporated and Credit Guarantee Corporation Malaysia Berhad. Today, Danajamin is well positioned to further enable the development of Malaysia’s capital market. Growing from strength to strength, Danajamin’s total assets and shareholders’ equity stands at RM2.7 billion and RM1.7 billion respectively (as at 31 December 2017). SOURCE : Danajamin Nasional Berhad (Danajamin)
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KUALA LUMPUR, Oct 30 (Bernama) -- Asia’s No.1 Hallyu festival – the 2018 Busan One Asia Festival (BOF 2018) in South Korea drew 273,300 visitors -- the largest number in its history.
According to a statement, the festival wrapped up its nine-day run with the closing concert on Oct 28 with spectacular performances from Red Velvet, Teen Top, Astro, Dynamic Duo and Mighty Mouth. BOF Project Group said: “The festival was an opportunity to let the world know once again that Busan is a city rich in Hallyu content. Busan citizens, tourists from home and abroad, thank you so much for coming here for the nine-day festival.” During the opening concert on Oct 20, it attracted a 36,000-strong audience, who were enthralled by performances by Korea’s top musicians such as EXO, Wanna One and Seventeen. “Park Concert” entertained about 47,000 people. “BOF Land” events attracted 159,723 visitors throughout the festival. The event also attracted overseas tourists. They were not only from Japan, China, Hong Kong and Taiwan but also from Southeast Asia. The BOF 2018, in its third edition this year, seeks to be a festival dealing with everything about Hallyu. Thus, it presented a wide array of Hallyu-leading K-content which goes beyond K-pop to arts, beauty and fashion. -- BERNAMA Impact of government and regulatory support for local reinsurers varies in Asia's markets30/10/2018 KUALA LUMPUR, Oct 26 (Bernama) -- Government intervention and regulatory support can influence the development of insurance and reinsurance markets but the actual impact varies across markets in Asia, according to Best’s Special Report.
The report -- “Impact of Government and Regulatory Support for Local Reinsurers Varies in Asian Markets” -- stated that the desire to support social stability with a greater level of fiscal certainty is one key motivation for using (re)insurance as a policy tool. “The impact of government initiatives can vary significantly by country and over time,” A.M. Best -- a global rating agency and information provider with a unique focus on the insurance industry – said in a statement. The report stated government intervention does accelerate premium growth and it needs to be matched by strengthened enterprise risk management capabilities or else there could be a higher risk of earnings and capital volatility. More details on www.ambest.com. -- BERNAMA 'Sharjah Declaration for Youth Empowerment' launched to face youth challenges in MENA region30/10/2018 KUALA LUMPUR, Oct 26 (Bernama) -- Sharjah -- the third largest emirate in the United Arab Emirates -- called on MENA member states and international community to collectively adopt and implement the ‘Sharjah Declaration for Youth Empowerment’ in response to the challenges facing Youth in the MENA region.
The declaration is a nine-point action agenda to empower youth and save their futures from the dangers of extremism. It is the outcome of a full day of discussions at the Investing in the Future Conference (IIFMENA), organised by global humanitarian organisation, TBHF. Among the content are to put the acquisition of life skills at the centre of youth policy decision-making to prepare children and youth to leap into the future and promote policies that foster an enabling environment and recognise the important role of young women as agents of economic stabilisation and growth. It also wanted to mainstream gender in all plans, policies and programmes aimed at empowering, protecting and supporting youth. It will utilise existing endeavors towards education reforms and the changing demographics as a window of opportunity to translate investment in human capital. The region will coordinate efforts of governments, UN agencies, NGOs, academics and the private sector to transform education to enable flexible learning opportunities beyond schooling and to create conditions conducive to youth entrepreneurs. All refugee youth are also ensured to be protected against violence, abuse and exploitation, and to have access healthcare and psychosocial support as well as taking the best interests of refugee youth as a primary consideration in all matters affecting their future. The IIFMENA with themed ‘Youth – Crisis Challenges and Development Opportunities’ offered its global platform once every two years to address a pressing humanitarian problem in the MENA region, the statement said. -- BERNAMA Highly expandable and integrated device will be fully AEC-Q100 qualified
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has added “TC35681IFTG”, a new IC for automotive applications, to its line-up of ICs compliant with Bluetooth® low energy (LE)[1] core specification v5.0. The new device is suited to use in demanding automotive environments, as it delivers a wide operating temperature range, high RF transmission power and high RF reception sensitivity (a link budget of 113dB @125kbps at long range transmission). The mixed-signal TC35681IFTG contains both analog RF and baseband digital parts to provide a complete solution on a single chip. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181029005846/en/ In addition to the basic functions of Host Controller Interface (HCI) profile and GATT profile functions, TC35681IFTG adds the new functions defined by Bluetooth® core specification 5.0[2], including 2Mbps throughput, Long Range and Advertising Extension functions, stored in internal mask ROM. It also integrates a high gain power amplifier and realizes +8dBm for long distance communication. When used in conjunction with an external non-volatile memory, the new IC becomes a fully-fledged application processor that temporarily loads applications and stores in internal RAM (76KB). It can also be combined with an external host processor. The integration of 18 General Purpose IO (GPIO) lines and multiple communications options including SPI, I2C and a 921.6kbps, two-channel UART, gives TC35681IFTG the ability to form part of sophisticated systems. The GPIO lines offer access to a range of on-chip features including a wake-up interface, four-channel PWM interface and 5-channel AD converter. An on-chip DC-DC converter or LDO circuits adjust the external voltage supply to the required values on chip. As it is designed to be compliant with AEC-Q100[3], the low energy IC is primarily intended to be used in automotive applications. The wettable flank package simplifies automatic visual inspection needed to deliver the high levels of soldering quality required to withstand the vibration experienced in automotive applications. Current applications include Remote Keyless Entry, On-Board Diagnostics to collect sensor data, Tire Pressure Monitoring Systems, and other contributors to improved vehicle comfort and safety. Key Features - Low power consumption: 6.0mA (transmitter operation @3.0V, output power: 0dBm, 1Mbps mode) 6.5mA (transmitter operation @3.0V, output power: 0dBm, 2Mbps mode) 11.0mA (transmitter operation @3.0V, output power: 8dbm, 1Mbps mode) 11.5mA (transmitter operation @3.0V, output power: 8dBm, 2Mbps mode) 5.1mA (receiver operation @3.0V, 1Mbps mode) 5.5mA (receiver operation @3.0V, 2Mbps mode) 50nA in deep sleep (@3.0V) - High receiver sensitivity: -95.6dBm (1Mbps mode) -93.2dBm (2Mbps mode) -101.2dBm (500kbps mode (S=2)) -105.2dBm (125kbps mode (S=8)) - Supports Bluetooth® LE v5.0 central and peripheral devices - Built-in GATT (Generic Attribute Profile) - Supports servers and client functions defined by GATT - Additional features as defined by Bluetooth® LE v5.0[2] 2Mbps Long Range (Coded PHY) Advertising Extension - Supports automotive reliability Compliant with AEC-Q100[3] Operation in wide temperature range Wettable flank package Applications Bluetooth® low energy communication devices for automotive and industrial applications. http://mrem.bernama.com/nteprimages/toshiba(33094).jpg Notes: [1] Low power consumption communication technology defined in Bluetooth® v4.0. [2] Refer to Bluetooth® core specification v5.0 for full details of added features. [3] Qualification expected by spring of 2019. * Bluetooth® is a registered trademark of Bluetooth SIG, Inc. * Arm and Cortex are registered trademarks of Arm Limited (or its subsidiaries) in the US and/or elsewhere. For more information about the new product, please visit: https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TC35681IFTG-002®ion=apc&lang=en For more information about the line-up of Bluetooth® wireless communication ICs, please visit: https://toshiba.semicon-storage.com/ap-en/product/wireless-communication/bluetooth.html Customer Inquiries: System LSI Marketing Dept.II Tel: +81-44-548-2188 https://toshiba.semicon-storage.com/ap-en/contact.html Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice. About Toshiba Electronic Devices & Storage Corporation Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. Our 22,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 800-billion yen (US$7 billion) and to contributing to a better future for people everywhere. Find out more about us at https://toshiba.semicon-storage.com/ap-en/top.html View source version on businesswire.com: https://www.businesswire.com/news/home/20181029005846/en/ Contact Media Inquiries: Toshiba Electronic Devices & Storage Corporation Chiaki Nagasawa, +81-3-3457-4963 Digital Marketing Department [email protected] Source : Toshiba Electronic Devices & Storage Corporation |
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