Day: June 16, 2022

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Chicken prices may soar once floated

PUTRAJAYA, June 16 (Bernama) — The price of chicken is expected to rise next month when it is floated following the end of the maximum retail price scheme on June 30.

Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said following the possibility of price hikes involving chicken, the Ministry of Finance (MOF) was planning to provide assistance to the needy which would be finalised by the end of this month.

“MOF will do something to help those in need,” he told a press conference after the monthly assembly of the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) here today.

The government sets the maximum retail price of standard chicken at RM8.90 per kilogramme and super chicken (slaughtered and cleaned without legs, head, liver and gizzard) at RM9.90 per kg.

Previously, chicken breeders have expressed their hopes that the government will allow a free float of chicken prices following its decision to end the subsidies issued to breeders effective July 1.

Meanwhile, Nanta reminded industry players not to take advantage of the floating price by raising the price of chicken arbitrarily.

He said KPDNHEP would also monitor the price aspect and if necessary will use the power under the Price Control and Anti-Profiteering Act (AKHAP) 2011 against errant traders.

“I hope the industry players will not take advantage and raise the price too much. We will accept if it is reasonably done as we all know that cost of operation has increased,” he said.

Source: BERNAMA News Agency

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12,000 hectares in Kelantan, Terengganu to be replanted with corn

KUALA LUMPUR, June 16 (Bernama) — The National Farmers Organisation (NAFAS) has identified 12,140 hectares of tobacco land in Kelantan and Terengganu to be replanted with corn.

NAFAS in a statement today said the switch is for food security to help the government reduce its dependence on imports of maize grain, one of the main raw materials in poultry feed production, to stabilise chicken prices in the market.

Through the effort, NAFAS also aims to capture 20 per cent of the poultry market in the country with  the production of 144 million birds a year.

“NAFAS’ involvement in the poultry industry value chain will be implemented top-down through the Farmers Organisation (PP) network of three (other) levels consisting of 14 state PPs, 279 area PPs and almost one million farmers across the country.

“This effort should also create new employment opportunities and increase economic activities in the areas involved to raise income levels for the locals residents,” it said.

According to the statement, Malaysia currently imports almost 100 per cent of corn or about two million tonnes a year from countries such as Argentina, Brazil and the United States.

NAFAS is however confident that through the support of stakeholders, the corn cultivation project for fodder can be implemented.

“This large-scale NAFAS effort can reduce the country’s dependence on corn imports for animal feed which in turn can stabilise the market price of chicken,” it said.

Source: BERNAMA News Agency

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Selangor Sultan salutes Lee Lam Thye on his political journey

KUALA LUMPUR, June 16 (Bernama) — The Sultan of Selangor, Sultan Sharafuddin Idris Shah today paid tribute to Tan Sri Lee Lam Thye on his political journey and for showing how a people’s representatives should really be.

The Sultan said he witnessed with his own eyes how impressive Lee’s many years of serving the rakyat (people)  had been from being the state assemblyman for Bukit Nenas in 1969 to Member of Parliament for Bukit Bintang for four terms from 1978 to 1990.

“Lee is actually a real YB (people’s representative) which can also be translated as Yang Bekerja (one who works for the people) or Yang Berkhidmat (one who serves the people). The real Yang Bekerja and Yang Berkhidmat for the rakyat.

“No point becoming a YB with the title Yang Berhormat but not carrying out one’s duties well, just lip service and self interest,” said His Royal Highness during his speech when launching the book ‘Call Lee Lam Thye – Recalling a Lifetime of Service’, here today.

Sultan Sharafuddin was glad that Lee still continues to serve the rakyat and help the people through several non-governmental organisations (NGOs) although he is no longer a political party member.

The Sultan also hoped that Lee will share his side of the story and reasons behind his political retirement in 1990.

Sultan Sharafuddin added that he was also impressed with Lee’s abilities and credibility as a people’s representative whereby he was willing to go down to the ground and always ready to listen to the people’s problems and complaints.

He said Lee was knowledgeable in various matters and always carefully thought out things before talking about an issue, especially involving the daily lives of the people.

Apart from that, he said Lee also cared about stray and abandoned animals so much so he became the patron of the Selangor chapter of the Society for the Prevention of Cruelty to Animals (SPCA).

Tengku Permaisuri Selangor Tengku Permaisuri Norashikin, he said, also often praised and respected Lee’s efforts in looking after the welfare of stray animals.

Source: BERNAMA News Agency

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Visually impaired candidate excels in SPM 2021

GEORGE TOWN, June 16 (Bernama) — The principle of “Where there is a will, there is a way” steered a special candidate to excel in the Sijil Pelajaran Malaysia (SPM) 2021 examination.

Tan Jun Sheng, 18, a visually impaired candidate from Sekolah Menengah Kebangsaan (SMK) Georgetown managed to obtain 2A+s, 5As and 1B+ in his subjects for SPM 2021.

Tan said his disability was not an obstacle to try something new and the SPM results had clearly proven that one should be courageous enough to venture.

“Even though I was born with vision problems because my eyes cannot focus in the light … I dared to take difficult subjects in SPM because of my interest in geography and sports science.

“Many people asked me why … but I am interested in geography as I want to know the earth more closely, apart from enjoying sports since I was a child,” he said when met at SMK Georgetown here today.

Tan, who is the only child in the family, said despite the eye-sight handicap, he could still read with a magnifying glass in primary school.

“My vision started to deteriorate when I was 14 and now I can’t see anything when it is bright,” he said.

He said he initially faced difficulties in learning under the home-based online lessons introduced in 2020 due to the COVID-19 pandemic.

He said school teachers were a big help in preparing and sending diagrams while his mother read textbooks to him.

Tan’s mother, Anna Lim, 49, said she was very pleased with her son’s SPM results because this was the result of his sheer hard work and never-give-up attitude.

“I would also like to thank all the teachers at SMK Georgetown for their dedication,” she said.

Meanwhile, SPM 2021 outstanding student Nur Aina Fadhlina Ahmad Fazli, 18, from SMK Bukit Jambul said she was determined to achieve the best results to repay the faith of her teachers and the sacrifices of her mother, who is a single parent.

Nur Aina, who scored 9A+s, said that although it was tedious to study online during the pandemic, she would be awake as early as 3 am to do her own revision.

“I intend to continue my studies in accounting though I am still unsure on which university,” she said.

Nur Aina’s mother, Nor Dibradini Selamat, 46, said although her daughter’s SPM trail examination results were quite good, she never expected her to obtain A+ in all her subjects.

Dibradini, a lecturer at Universiti Teknologi Mara (UiTM) in Kedah, said she was supportive of any major that her daughter was keen on.

Source: BERNAMA News Agency

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nCino Announces the Winners of Its Annual Customer Awards Program

Texas Farm Credit, Great Southern Bank and Natixis CIB named recipients of Financial Services Impact Awards at nSight 2022
Nominations judged by leading global research and advisory firm Celent

WILMINGTON, N.C., June 16, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the winners of the nCino Financial Services Impact Awards, the company’s second-annual customer awards program. This year’s nominations were judged by a team of analysts at Celent, a member of the Oliver Wyman Group and the leading research and advisory firm focused on technology for financial institutions globally.

nCino’s Financial Services Impact Awards aim to recognize nCino customers of various asset sizes from around the globe for how their use of the nCino Bank Operating System® has positively influenced the financial services industry. The nominees this year consisted of nearly 20 institutions from multiple countries, across a variety of asset sizes and multiple business lines including corporate and investment banking, commercial banking, retail banking, mortgage lending and agriculture lending. Finalists were recognized at nSight 2022, nCino’s annual user conference, for their game-changing achievements in client service, contributions to their communities and improvements to their employees’ experience across three categories: Innovation, Reputation and Speed.

The 2022 winners of the nCino Financial Services Impact Awards are:

  • Innovation: Texas Farm Credit;
    • Shortened employee onboarding time from 1 year to 2 weeks.
  • Reputation: Great Southern Bank;
    • Went from re-keying the same data 8 times through application life cycle to only 2 times.
  • Speed: Natixis Corporate & Investment Banking (Natixis CIB);
    • Provide ability to automatically capture part of the financial statements to reduce the operational time completion and anticipate coming challenges in terms of regulatory data requirements.

Celent assessed each nomination for how it met the parameters of the category for which it was submitted. These criteria included the customer’s use of the nCino platform; the challenges that were overcome; quantitative and qualitative results; and the customer’s larger impact on their clients and the financial services industry. A monetary donation was made on behalf of each of the three winners to a non-profit organization of their choice.

“While every nominee we evaluated demonstrated immense value to their clients, this year’s winners comprehensively demonstrated major achievements across all five assessment dimensions,” said Dan Latimore, Chief Research Officer at Celent. “All of the nominees should be extremely proud of the digital transformation journeys and positive impacts they’ve made on their clients, employees and communities over the past year.”

“We’re grateful to Celent for their support of our annual Financial Services Impact Awards and acknowledging the accomplishments our customers have achieved through their use of the nCino platform,” said Sean Desmond, Chief Customer Success Officer at nCino. “nSight provides the perfect opportunity to recognize and showcase how our distinguished customers are enhancing experiences for their clients in terms of digital transformation.”

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,750 financial institutions of all types and sizes on a global basis. For more information, visit www.ncino.com.

About Celent
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh McLennan. [NYSE: MMC]. For more information, visit www.celent.com. Follow Celent on Twitter @Celent_Research.

MEDIA CONTACTS  
Sutton Resler, nCino Ryan Kelly, nCino
+1 571.236.4966 +1 732.770.5942
sresler@mww.com ryan.kelly@ncino.com
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“Riva The Persuaders!” – The Short Film for the Brand’s 180th Anniversary is a Classy Action Movie With Favino, Beckham and Leclerc

Inspired by the famous TV series “The Persuaders!” – in Italy “Attenti a quei due” – this enthralling action film is a blend of elegance, irony and adrenaline. It can now be seen on social networks and YouTube.

‘Riva the Persuaders’ Film Poster

A short film for the brand ‘Riva’ 180th anniversary in a classy action movie with Pierfrancesco Favino, David Beckham and Charles Leclerc

SARNICO, Italy, June 16, 2022 (GLOBE NEWSWIRE) — A highly engaging short film with three stars involved in an adventure on the road and on the waves. Co-starring Riva and Ferretti Group boats.

People who saw the world premiere at the Gran Teatro La Fenice in Venice say it’s not to be missed. But then, Pierfrancesco Favino, David Beckham and Charles Leclerc alone would be enough for it to classify as an extraordinary project.

The great news is that the short film can now be seen on YouTube and the social channels of Riva and Ferretti Group.

Inspired by the cult TV series “The Persuaders!” (in Italy “Attenti a quei due”), the film was made over the past few weeks on the coastline around the border between Italy and the Côte d’Azur.

The hugely famous protagonists are Pierfrancesco Favino, the most important Italian actor, who was also in the Riva brand’s first short film (“Riva in the Movie”), the international football star David Beckham, an icon of British style and one of the most followed celebrities in the world and Charles Leclerc, an outstanding Scuderia Ferrari team racing driver idolised by Formula 1 fans.

David Beckham and Pierfrancesco Favino ‘Riva the Persuaders’ Film

A short film for the brand ‘Riva’s’ 180th anniversary in a classy action movie with Pierfrancesco Favino, David Beckham and Charles Leclerc

“Riva’s story reads like a movie and this extraordinary short film, with its awesome trio of protagonists, is the perfect celebration of the brand’s 180th anniversary. My thanks go to Pierfrancesco, David and Charles for the friendship, the passion and fun they put into the project: the result is spectacular,” said Ferretti Group CEO Alberto Galassi. “I was a loyal viewer of the TV series “The Persuaders!” and I found the same ironic and elegant style in this little gem of a film. As always, Riva delivers big emotions.”

Together with the three celebrities, the stars of the film are the magnificent boats built by the storied Riva yard, which is celebrating its 180th anniversary this year, as well as a dazzling Ferrari and an incredible vintage Maserati.

“Riva The Persuaders!” was shot on the Côte d’Azur and in Monte Carlo, where Pierfrancesco Favino aboard a magnificent Riva 56’ Rivale races with David Beckham’s Riva 68’ Diable and Charles Leclerc aboard a Rivamare.

The action and movements are those of an adrenaline-pumping film featuring chases on both land and sea.

The brand Riva’s 180th anniversary Pierfrancesco Favino, David Beckham and Alberto Galassi

Pierfrancesco Favino (Left), Ferretti Group CEO Alberto Galassi (Middle) and David Beckham (Right) at the brand Riva’s 180th anniversary

As in the case of Riva’s previous short film, the director was Federico Brugia, with production by Armando Testa Studios, in the Armando Testa Group.

Riva and Ferretti Group
Riva is a Ferretti Group brand. Thanks to Italy’s centuries-old yachting tradition, the Ferretti Group is a world leader in the design, construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of prestigious and exclusive brands: Ferretti Yachts, Riva, Pershing, Itama, CRN, Custom Line and Wally. Led by Chief Executive Officer Alberto Galassi, the Ferretti Group owns and manages six shipyards located across Italy, which combine the efficiency of industrial production with typical world-class Italian craftsmanship, reaching customers in more than 70 countries across the world thanks to a direct presence in Europe, the United States of America and Asia and its network of approximately 60 carefully selected dealers. Ferretti Group motor yachts, the utmost expression of Made in Italy elegance and creative genius, have always stood out for their exceptional quality, cutting-edge technology, record safety and optimum performance in the water, as well as their exclusive design and timeless appeal.
For more information: www.riva-yacht.com

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/e161068b-87d3-4d1c-b8b2-3d650771eadc

https://www.globenewswire.com/NewsRoom/AttachmentNg/2bdeae6d-5d45-4cb7-b617-c110f4579fea

https://www.globenewswire.com/NewsRoom/AttachmentNg/f09e6b9d-5899-44c1-9461-4a60f8bcc4b1

The photos are also available at Newscom, www.newscom.com, and via AP PhotoExpress.

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CNBC Series, Inside the Blueprint, Features Vancouver-Based Xypex Chemical Corp. in Its Focus on Innovators Series

Teaser Cover

Teaser Cover

VANCOUVER, British Columbia, June 16, 2022 (GLOBE NEWSWIRE) — The innovation behind Xypex Chemical Corporation’s crystalline waterproofing technology for concrete will be featured in the June 19 episode of Inside the Blueprint, an award-winning television series that chronicles ideas and products that impact our lives.

It’s airing on Fox Business News on June 19 at 2 p.m. (Eastern), on Bloomberg News in LATAM on July 10 at 10 a.m. (Eastern) and in syndication thereafter. The episode describes how Xypex’s proprietary crystalline waterproofing technology works deep inside the concrete mass to create a permanent waterproof structure that resists extreme hydrostatic pressure and self-heals cracks that can form.

The episode explains that concrete is unrivaled as a building material. It is used in millions of building projects around the world. And while concrete is durable, it can deteriorate in harsh environmental conditions, causing large expenditures on remediation or replacement construction. Enter Xypex, a Vancouver-based company that developed a proprietary crystalline waterproofing technology in 1969. Proven over decades of use in all types of structures under the most challenging environmental conditions, Xypex was recently certified as the first and only admixture for waterproofing concrete in the EU.

In this season’s Focus on Innovation, Inside the Blueprint examines four critical steps that lead to cutting-edge products: Inspiration, the Idea, the Process, and the Impact. Inside the Blueprint traces these steps with members of the Xypex leadership team, who explain how Xypex significantly extends the life of concrete structures using a proprietary technology that is environmentally friendly and can extend the service life of structures from 50 to 150 years.

While the company is driven by innovation and leading-edge technology, its leadership team explains that Xypex prides itself on being in the “people business” through extensive support to its customers and longstanding relationships that make it the preferred product with architects, engineers and contractors in more than 90 countries around the globe.

Check out this episode of Inside the Blueprint to discover how Xypex plays an integral role in protecting iconic structures and critical infrastructure worldwide. Learn more, www.xypex.com/blueprint-tv-show/

Contact Info:

Chantell Segal

Marketing Director

Email: Chantell.segal@xypex.com

Tel: 604.273.5265

About 

Since 1969, Xypex’s proprietary Crystalline Technology has set an international standard of excellence in concrete waterproofing and protection. Based in Vancouver, Canada, Xypex Chemical Corporation manufactures a range of waterproofing and protection products used in the construction and restoration of water and sewage infrastructure, foundations, tunnels, maintenance holes, and marine structures. Its unique penetrating and crystallizing technology has been tested and proven worldwide in all climates and widely varying construction situations. Backed by a distribution/service network in more than 90 countries, Xypex’s unique Crystalline Technology provides confidence and peace of mind to architects, engineers, contractors, and concrete producers. For more information, visit www.xypex.com.

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Image 1: Teaser Cover

CEO – Chris Miller

This content was issued through the press release distribution service at Newswire.com.

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