Author: Mei Ling Tan

  • Superdry in chaos as co-founder gets back in office

    Superdry in chaos as co-founder gets back in office

    UK clothing firm Superdry’s board of directors has resigned following the re-election of the brand’s co-founder Julian Dunkerton to the board.

    Dunkerton was made interim CEO following the immediate resignation of the four board directors and notice given by four non-executive directors in protest of the reappointment, blaming the former board member for the firm’s poor financial performance. Superdry brokers UBS and Investec have also resigned.

    Dunkerton has been publicly critical in recent months of the firm’s management following his departure a year ago.

    The co-founder was reinstated after a slim majority vote of 50.75 per cent. Former Boohoo and Selfridge’s boss Peter Williams has been appointed the firm’s new chairman based on a 50.74 per cent vote.

    “We are very pleased to be joining the board of this great British company,” said the two appointees in a joint statement. “We look forward to rebuilding the Superdry brand and the business.”

  • Mitsui Sumitomo Insurance sets up Global Digital Hubs in Singapore &Tokyo

    Mitsui Sumitomo Insurance sets up Global Digital Hubs in Singapore &Tokyo

    Mitsui Sumitomo Insurance Co., Ltd. (President: Noriyuki Hara, “MSI”), a member of MS&AD Insurance Group, sets up two Global Digital Hubs (“GDH”) in Singapore and Tokyo as bases to support global digitalization.

    In April 2018, MSI established a Digital Strategy Department to promote digitalization focused on enhancing customer experience and business productivity. In order to further accelerate its digital activities, MSI launched the Singapore GDH in February this year to support the ASEAN markets, and will launch a GDH in Tokyo to promote the adoption of digital technology by employees and agents.

    Through the two GDHs and other advanced initiatives, MSI will continue its commitment to promote digitalization and help address societal challenges.

    GDH Singapore will contribute to the development of digital initiatives in the ASEAN region, leveraging on MSI’s broad network in all ten ASEAN member countries. It will support the Asia regional office in developing digital strategies to drive continued growth of the business in this region.

    GDH Singapore aims to enhance customer experience in the ASEAN markets to cater to the rapid rise of digitalization. It will help facilitate the development of innovative insurance products and services through collaboration with business partners and open innovation with startups.

    GDH Tokyo will be the innovation epicenter of MSI to find new ways of adding value to our
    clients through the use of digital technology and big data. By way of collaborating with startups,
    MSI aims to develop innovative products and services that will help address social issues and
    contribute to society as per the UN’s Sustainable Development Goals (SDGs).

  • Gianvito Rossi Opens Its First SEA Flagship Store in Singapore at Marina Bay Sands

    Gianvito Rossi Opens Its First SEA Flagship Store in Singapore at Marina Bay Sands

    The boutique is a further step in the collaboration between Gianvito Rossi and Milan based architect, Patricia Urquiola. The three backlit logos attract attention towards Gianvito Rossi’s refined world whilst the grand shop window, purposefully designed bilaterally, is the perfect showcase for the designer’s elegant collections.

    As each Gianvito Rossi store retains its unique flavour and individual characteristics, a single undercurrent unites each location reflecting the valued codes of the brand: elegance, feminity, and modernity, as well as impeccable quality and craftsmanship.

    Gianvito Rossi is now open to the public and is located at B1-86/87, Galleria Level, The Shoppes at Marina Bay Sands.

  • H&M disclosing to customers where their clothes were made

    H&M disclosing to customers where their clothes were made

    Swedish fast fashion retailer H&M announced it will add more information to its products on its website later this month as part of a move to create greater product transparency.

    The new information will allow H&M customers to find out which factory produced a given garment, the material composition and solutions for re-using and recycling products that are worn-out, the company stated on its latest sustainability report.

    According to H&M, the company is making strong progress toward its goal to use 100 per cent recycled or other sustainably-sourced materials by 2030.

    H&M said it saw a 35 per cent increase in its goal to use recycled and other sustainably sourced materials for products, with 57 per cent of all materials classified as “sustainable” in 2018.

    The equivalent figure for cotton was 95 per cent, close to the company’s goal to reach 100 per cent next year.

    “Recycled materials are truly a win-win: they stop waste material from going to landfill and reduce the use of virgin raw materials,” said Cecilia Brännsten, H&M’s environmental sustainability manager.

    “However, for many types of textiles, viable recycling solutions either do not exist or are not commercially available on a large scale.”

    Brännsten said the company has been collaborating with scientists and innovators to increase alternative sustainably sourced materials as quickly as possible.

    H&M has also reported it has reduced its CO2 emissions from operations by a further 11 per cent and has set additional green goals, such as reducing the absolute greenhouse gas emissions in the company’s operations by another 40 per cent by 2030.

    The new goals, which are part of H&M’s vision to become climate positive by 2040, were approved by the Science Based Targets Initiative.

    The company said it also wanted all packaging used to be made of 100 per cent recycled or sustainably sourced materials by 2030, a goal which is part of a newly developed packaging strategy.

  • Massive iPhone XR price cut in India

    Massive iPhone XR price cut in India

    While Apple continues to dominate the paramount US smartphone market in terms of both sales numbers and profits, the company’s trouble across two other key regions seems to be intensifying rather than ameliorating. Of course, the Cupertino-based tech giant is not sitting idly by as the likes of Huawei, Xiaomi, and even OnePlus are rendering its brand irrelevant in China and India, fighting back with long overdue price cuts.

    Following an unprecedented such move in the world’s largest smartphone market a few months back, Apple is reportedly discounting the iPhone XR in India right now by the equivalent of several hundred US dollars. Namely, a whopping $250 or so (17,000 rupees), which actually doesn’t make the company’s entry-level 2018 iPhone model quite as affordable as you might imagine.

    That’s because the iPhone XR was released in the region at a starting price of Rs. 76,900, equating to more than $1,100, which sounds ridiculous even by Apple’s standards. After the new discount is applied, the LCD-sporting 6.1-incher will cost Rs. 59,900 at authorized retail partners, which converts to $870 or so. That’s still more than what US buyers are typically charged, although the comparison is obviously not entirely fair.

    At the same time, it’s definitely worth pointing out that the Samsung Galaxy S10e starts at a lower recommended price of around 56,000 rupees ($810), no deals needed. As for the OnePlus 6T, which is one of the most popular “premium” handsets in India, it’s pretty obvious Apple has no intention to go as low as 38,000 rupees ($550) anytime soon.

    Still, this regional iPhone XR price cut could be the beginning of a beautiful global comeback for a company that must find ways to stop its recent sales decline. More iPhone discounts are likely to come to India in the near future as Apple ramps up local production of both lower-end and ultra-high-end models like the XS and XS Max. Speaking of, the iPhone XS Max continues to go for a preposterous $1,600 or so (Rs. 109,900) in a 64GB configuration. No wonder a measly 1.7 million iPhones were shipped in total in India last year.

  • WhatsApp Business officially rolling out for iPhone

    WhatsApp Business officially rolling out for iPhone

    We reported two weeks ago that WhatsApp Business might be finally coming to iOS devices, as many users from several countries found the app listed in the App Store. Initially launched on Android, WhatsApp Business is now officially rolling out for iPhone, the company announced in a blog post

    Of course, the app is available for free via App Store, but you’ll have to create an account before you can take advantage of all the business-centric features it has to offer. Keep in mind that WhatsApp Business will first be available in Brazil, Germany, Indonesia, India, Mexico, the UK, and the United States, but WhatsApp said the app will be made available worldwide in the coming weeks.

    With WhatsApp Business, you’ll be able to share useful information about your business, including its description, email and store addresses, as well as website. Also, thanks to the integrated messaging tools, you’ll be able to respond to customers very easy via quick replies, greeting messages, and away messages.

    Last but not least, WhatsApp Business is a cross-platform service, which means you’ll be able to chat from your desktop to manage conversations and send files to customers, not just from your iPhone or Android smartphone.

  • New Pandora NOW original music experience Went Live last April 4th

    New Pandora NOW original music experience Went Live last April 4th

    SiriusXM and Pandora have just announced a brand new exclusive music experience available for subscribers of the former and listeners of the latter: Pandora NOW. The feature mixes “Pandora’s extensive listener data” and “SiriusXM’s curatorial expertise” to offer users some of the most popular and fast-trending music available at any given moment.

    If you’re a SiriusXM listener, Pandora NOW will be available as a new curated channel (Channel 3), while Pandora users can experience it as an interactive station with song skipping and thumbs up/down rating, or as a continually-updated playlist for Pandora Premium subscribers.

    Another interesting thing about the new feature is that the music played on Pandora NOW will be uncensored and showcase the most listened to and fastest-trending new music on Pandora across all genres, including Pop, Hip Hop, R&B, Dance and Latin.

    Last but not least, to celebrate the launch of Pandora NOW, R&B superstar artist Khalid will be at SiriusXM’s Rockefeller Center studios on April 4 to launch the new channel and station on SiriusXM and Pandora.

  • Pokemon GO Fest coming to USA this June

    Pokemon GO Fest coming to USA this June

    The folks at Niantic have gone a long way since their first Pokemon Fest, which was a total fiasco. After a more than decent 2018, the company is back with another series of Pokemon GO events that have already started earlier this year in South America.

    Today, Niantic announced three new Pokemon GO events are coming to three cities around the world: Chicago, Dortmund, and another city in Asia that will be confirmed later on. If you plan to attend the Pokemon GO Fest in the United States, you’ll have to plan your visit to Chicago between June 13-16

    In the following weeks, Niantic will offer details on how to purchase tickets to this summer’s biggest Pokemon GO events, so stay tuned for more info on the matter. Also, the company revealed that a number of Safari Zone events will be coming in the second half of 2019.
    More importantly, Pokemon fans who can’t attend these events for obvious reasons will have other ways to participate in Pokemon Go Fest no matter where they are around the world, so don’t fret if you can’t make it in person.

    Finally, it appears that Niantic has important things to announce regarding the upcoming worldwide Community Day events, so mark your calendars for the following dates: May 19, June 8, July 21, and August 3.

  • Mobility driving China’s economic growth

    Mobility driving China’s economic growth

    China’s mobile ecosystem added 5.2 trillion yuan ($750 billion) in value to the country’s economy in 2018, according to a new GSMA report.

    Mats Granryd, director general of the GSMA says the report confirms how China’s mobile industry has been a key driver of economic growth, inclusion and modernization – creating a new generation of digital consumers and transforming industry and society.

    Grandryd says China’s mobile operators will invest a further 401 million yuan with the rollout of 5G.

    Numbers speak volumes

    • China is the largest mobile market in the world with 1.2 billion unique mobile subscribers at the end of 2018, about 82% of the country’s population;
    • 69% of mobile connections in China are smartphones, with smartphone adoption expected to reach 88% by 2025;
    • 4G networks cover 77% of China’s connections peaking in the coming years before falling as consumers migrate to 5G services;
    • By 2025, there will be 460 million 5G connections – this will, however, only account for 28% of China’s total network connection;
    • By 2023, mobile connection will contribute 6 trillion yuan to the economy, up from 5.2 trillion yuan in 2018;
    • China’s mobile ecosystem directly and indirectly supported 8.5 million jobs in 2018 and contributed 583 yuan in tax revenue;
    • The number of licensed cellular IoT connections in China stood at 672 million at the end of 2018, supporting various industrial and smart cities applications.

     

  • Openet names Regan marketing development VP for APAC

    Openet names Regan marketing development VP for APAC

    Openet has appointed Tony Regan as vice president of market development for the APAC region, the BSS firm announced earlier this week.

    In his new role, Regan will run Openet’s market development team in APAC, working closely with regional sales VP and sales team to drive the company’s continued expansion in the region, the company said.

    Prior to joining Openet in 2016, Regan held various senior roles within the Telefonica group in Ireland, Spain and Latin America. In his previous role at Openet, Regan ran the company’s consulting division, advising operators on strategy development and execution.

    Regan will be based in Openet’s APAC headquarters in Kuala Lumpur, Malaysia.

    Openet was established in Kuala Lumpur in 2006 and has grown to provide regional service and support, managed services and software development for all of Openet’s APAC customers. The company employs over 180 people in Malaysia.

    Eric Updyke to take helms at Spirent Communications

    Spirent Communications has appointed a new chief executive officer. Eric Updyke, a former Amdocs executive, has started working for the company on April 1, and will take up the CEO role on May 1.

    Updyke will succeed retiring CEO Eric Hutchinson, who will step down on May 1. The company had announced last November that Hutchison planned to retire after 37 years of working for Spirent. He has held the CEO position since being appointed in 2013.

    In a statement, Spirent said Updyke “has extensive experience in international business management with a strong technical understanding of the markets in which Spirent operates.”

    He has worked in various sections of the industry over the last 30 years and has led transformative growth programs on a global scale.

    Updyke joins Spirent from Amdocs, where he most recently served as president of the company’s services group, with responsibility for its managed services, testing and system integration businesses.

    Prior to joining Amdocs, Updyke held executive roles at Nokia Siemens Networks and AT&T.

  • Autotalks trials C-V2X on Chinese road

    Autotalks trials C-V2X on Chinese road

    Israeli vehicle-to-everything (V2X) communications solutions provider Autotalks has announced the successful completion of cellular V2X field trials in China.

    The trials on a public road, conducted in collaboration with an unnamed large Chinese technology company, validated Autotalks’ C-V2X capabilities, including a communication range of over 2km with a nominal range of around 1.5km.

    The successful field test involved the use of hardware compliant with standards body 3GPP’s Release 15 for V2C communications improvements.

    Autotalks has been building momentum in China in a bid to target the large local market, growing its partner ecosystem and increasing staff.

    The company is a member of the government’s IMT-2020 (5G) Promotion Group, as well as the China Industry Innovation Alliance for the Intelligent and Connected Vehicles (CAICV) and China ITS (intelligent transport systems) Industry Alliance.

    In November, Autotalks recruited former Ceragon Networks country manager Yang Xiaobing to lead up its Chinese business development efforts out of its branch in Beijing.

    In February, Autotalks partnered with Taiwanese fabless semiconductor company MediaTek for a project focused on cooperating on integrating V2X and telematics technologies.

    Autotalks also recently launched the first global V2X solution supporting both C-V2X and dedicated short range communications (DSRC) technologies, the two main connected vehicle standards being adopted by car manufacturers.

  • Global fixed broadband subs to reach 1b by year-end

    Global fixed broadband subs to reach 1b by year-end

    The global fixed broadband market is on track to reach 1 billion subscribers by the end of 2019, driven by unprecedented growth of fiber connections in Asia Pacific, particularly China, according to Kagan.

    At the end of 2018, broadband subscriptions reached 974.7 million while broadband household penetration reached 45.5%, up from 43.2% in 2017. However, household penetration is projected to remain under 50% until 2025, the S&P Global Market Intelligence research unit said.

    Kagan: Global broadband subscirbers 2018-2023

    Source: Kagan

    China and US remain by far the largest fixed-broadband markets, together accounting for half (50.7%) of the global total in 2018. China alone claims 40.1% of the global total and 74.4% of Asian broadband subs due to large-scale fiber deployments as part of the country’s national Broadband China project.

    Singapore maintains the highest fixed-broadband household penetration in the world, at over 100%.

    In terms of access technology, 51.4% of the global fixed broadband subscribers are using fiber-to-the-premises (FTTP), which overtook DSL in 2016 to become the largest fixed-broadband platform on a global scale.

    FTTP remains the fastest-growing fixed-broadband platform, growing by 13.8% year over year in 2018.

    According to Kagan, fiber subscriptions have overtaken DSL in Asia and Eastern Europe, with China, Japan, Russia, South Korea and US being the five largest fiber-optic markets in the world.

    Western Europe, the Middle East and Africa are still in favor of using DSL, making it the dominant multichannel platform in these continents, while cable leads in North America and Latin America.

  • AirAsia, Vistara cash in on crisis-hit Jet Airways slots

    AirAsia, Vistara cash in on crisis-hit Jet Airways slots

    Tata-group owned airlines AirAsia India and Vistara have announced 11 new flights from Mumbai after the airport operator released unused slots belonging to Jet Airways. The slots have been released to the airlines on a temporary basis.

    Private airport operators in Mumbai and Delhi and the Airports Authority of India have held several rounds of discussions with other airlines to fill up the capacity shortage caused due to grounding of Jet Airways fleet. While reduction of flights led to a hike in fares, it affected airports too. Fewer flights means lower revenue by way of landing fees and less passenger footfalls

    Over 70 per cent of the airline’s fleet has been grounded, leading to massive cancellations. Jet has been a dominant carrier in Mumbai and its daily departures are down to 24 from the earlier 140. Delhi airport, too, is finalising the issue of slots belonging to Jet.

    Other private airlines also have been offered slots by Mumbai airport but are yet to announce new flights. Schedule changes depend upon aircraft utilisation and availability of pilots among other things. A source said airlines were advised to operate flights on routes flown by Jet prior to its crisis with a view to maintain capacity on routes.

    On Thursday, Vistara announced launch of five flights between Mumbai and Bengaluru and one new flight from Mumbai to Hyderabad and Kolkata. These would operate from April 16 to July 15. Currently, Vistara flies to Delhi and Amirtsar from Mumbai and its market growth has been stunted due to non-availability of slots.

    Vistara will be reducing frequencies on other routes to operate these additional services from Mumbai.

    AirAsia India announced three additional flights to Bengaluru and a new flight to Kochi from Mumbai, beginning April 15. The airline did not mention until which date these flights would remain in operations.

    “There is precedence for grant of slots on a temporary basis. During SpiceJet crisis, its unused slots were temporarily given to other airlines and IndiGo was the main beneficiary that time,” said aviation expert Ameya Joshi.

  • Telin Singapore secures OSPAR certification

    Telin Singapore secures OSPAR certification

    Indonesia’s PT Telkom has announced that its subsidiary in Singapore has secured certification that will allow it to serve a wider range of clients in the financial sector.

    Telin Singapore has completed an Outsourced Service Provider Audit Review (OSPAR) report signifying its compliance with the Association of Banks In Singapore (ABS) guidelines.

    The certification will allow the company to increase its client base in the financial sector, as local financial sector companies require technology service providers to be in compliance with ABS guidelines.

    An independent audit is a part of this certification process, and OSPAR meets this requirement.

    In addition, Telin Singapore has achieved Payment Card Industry Data Security Standard Compliance (PCI DSS) for companies that handle branded credit cards from the major providers.

    “The OSPAR proves that our controls and processes are secure and robust. Through obtaining OSPAR, our financial services clients could rest assured that their data is securely stored according to the highest security standards in our data centers,” Telin Singapore CEO Andreuw Th.A.F said.

    “A loss or breach of customer confidential data and disruption to banking services will result in reputational and financial damage to the financial institutions.”

  • New Deliveroo Subscription Service gives Food Lovers Free Delivery

    New Deliveroo Subscription Service gives Food Lovers Free Delivery

    Deliveroo the leading food-delivery company is today launching Deliveroo Plus, a new subscription service available for food lovers across Hong Kong. The new service, priced at HK$98 a month, will enable customers to get unlimited free delivery. Customers will be able to benefit further by trialling Deliveroo Plus free for two weeks or more.

    Deliveroo Plus is being rolled out following a successful launch in the UK. During their first two months of signing up to the pilot, half of all customers saved nearly £25 (around HK$ 260) over the time period, whilst one in ten saved over £75 (around HK$ 770).

    Brian Lo, General Manager, Hong Kong at Deliveroo said, “At Deliveroo, we are continuously striving to innovate our offer as well as expand our delivery platform. Through the launch of Deliveroo Plus, Deliveroo aims at rewarding our users with a better value for money. This new subscription service provides a more affordable option to the frequent users while the earnings of riders is expected to rise with the increasing demand for food delivery.”

    Customers throughout Hong Kong wishing to subscribe to Deliveroo Plus will see the option to sign up to the service on their basket at checkout and in the ‘Account’ section of the app and website.