Suprema Launches CoreStation, An Intelligent Biometric Access Controller For Centralized Systems

SEOUL, Oct 12 – Suprema, a global leader in biometrics and security technology, has announced the launch of its CoreStation(TM) solution, unique to the industry and the most advanced biometrics-based intelligent access controller in the market today. The CoreStation is an intelligent door controller, which provides the advantages of biometric-enabled security

Suprema BioEntry P2 Officially Launching On October 12

SEOUL, Oct 12 – Suprema, a global provider of leading biometrics and security solutions, today announced that the company is officially launching BioEntry P2, a mullion-type fingerprint access control device that offers highest matching performance, slim design and multi-card reading in a package to provide comprehensive access control features, on

Japan’s Hino Motors To Build Truck Plant In Russia

TOKYO, Oct 10 – Japanese truck maker Hino Motors Ltd plans to build a 3,000-trucks-a-year factory in Moscow, likely investing tens of billions of yen, the Nikkei business daily reported on Tuesday. The plant, Hino’s first in Russia, will begin production in 2019, the paper said, without citing its source. A

Fama To Ship 5,000 Kg Of Frozen Durians To China

KUALA LUMPUR, Oct 10 – The Federal Agricultural Marketing Authority (FAMA) will ship 5,000 kg of frozen durian to Qinzhou in Guangxi, China in conjunction with the first Nanning Durian Festival 2017 from Nov 3 to 5. FAMA chairman Tan Sri Badruddin Amiruldin said the delivery of the fruit in the

EPF And KWAP Are Said To Pursue Insurance Deal Talks

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KUALA LUMPUR, Oct 5 – Malaysia’s two biggest pension funds, which manage a combined US$203 billion, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the government enforces caps on overseas ownership, people with knowledge of the matter said. The Employees Provident Fund (EPF) and

Sato Pharmaceutical And Eisai to Co-Promote New Oral Antifungal Agent Containing Active Ingredient Fosravuconazole In Japan

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TOKYO, Oct 3 – Sato Pharmaceutical Co., Ltd., Eisai Co., Ltd., and Seren Pharmaceuticals Inc. announced today that Sato Pharma and Eisai will co-promote a new triazole class oral antifungal agent (development code: BFE1224, “the agent”) containing the active ingredient fosravuconazole L-lysine ethanolate (“fosravuconazole”) in Japan, based on an agreement

PIVB: Oil Price To Balance At US$50 In 2H17

KUALA LUMPUR, Sept 27 – Public Investment Bank Bhd (PIVB) has reinforced its “overweight” view on the oil and gas (O&G) sector after the overnight benchmark Brent crude oil price closed at US$58.44 per barrel, hitting its highest levels since July 2015. In a note today, the research house said the

Bursa Malaysia Mixed At Mid-Morning

KUALA LUMPUR, Sept 27 – Lack of fresh catalysts weighed on Bursa Malaysia which turned mixed at mid-morning. At 11.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.35 points lower at 1,764.24 from Tuesday’s close of 1,765.59. The index opened 2.03 points better at 1,767.62. Market breadth was positive

Sept 27: RM At 4.21 Against USD

KUALA LUMPUR, Sept 27 – The ringgit continued yesterday’s downtrend to opened lower against the US dollar this morning as the greenback strengthened on the possibility of another interest rate hike before the year-end, dealers said. At 9am, the local unit depreciated to 4.2150/2190 from 4.2050/2080 recorded at 6pm yesterday. The US

Nestle Sets Formal Margin Target

ZURICH, Sept 26 – Food giant Nestle on Tuesday set a formal margin target, as several of its rivals have done, fulfilling another demand by activist shareholder Third Point. “The company will detail how it will reach its mid-single digit organic growth target by 2020, and will announce an underlying trading

MAHB, Honeywell In Partnership For Airfield Lighting Project

KUALA LUMPUR, Sept 26 – United States-based software solutions provider, Honeywell, has partnered Malaysia Airports Holdings Bhd’s wholly-owned subsidiary, Malaysia Airports Sdn Bhd (MASB), for a multi-million dollar airfield ground lighting control and monitoring system project. Malaysia Airports Managing Director Datuk Badlisham Ghazali said the partnership would enhance the safety,

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