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Courts Indonesia PT Tbk Clients Benefit from Best in Class Legal Advice The company was recognised by APAC Insider’s Winner’s Review label as the ‘Best Household Consumer Outlet of 2018’ in Indonesia. Following this well-deserved win, we profiled Courts to find out how it has driven its outstanding success in the region.
Parke Lawyers Clients Benefit from Best in Class Legal Advice
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Also inside this issue:
Parke Lawyers were recognised among the winners of the 2018 APAC Legal Awards programme as the Best Family Law Firm in Australia. Following this, we were eager to find out more about this innovative firm through its Managing Director, Jim Parke.
Key to Untapped
Anova Financial Networks Subsidiary FE Telecoms Earns Regulatory Approval and Licensing in Japan and Singapore
The demand for goods and resources are surging worldwide. This,
Anova Financial Networks Subsidiary FE Telecoms Earns Regulatory Approval and Licensing in Japan and Singapore
1-Stop Connections is not just keeping up; they are revolutionizing the game. The software behind port efficiencies needs to be more dynamic and faster to keep pace with the rise of containerization and the flow on effort on port
Terminal (MICT) and Asian Terminals Inc. (ATI) had resulted in port congestion. In 2014, port congestion translated to economic losses of PhP 2.5 billion a day, according to the House Committee on Transportation and the Metro Manila Development Authority.
Philippine Ports Authority reported that container traffic soared to up to 53 percent near the final quarter of 2017. The Philippines community with the assistance of 1-Stop TABS, have managed the increase in port productivity and eliminated the temporary solution, of the truck bans for trucks using TABS.
Dynamic commerce requires “Before TABS, the trucks would A solution was required and highly efficient ports, focusing arrive randomly at the port, needed to be implemented fast, on elevating port connectivity hence the long queues we’ve the government’s temporary globally, deserves merit. The had for many, many years. What solution included a truck ban; global economic impact of TABS did was regulate that however this ban reduced a this includes supply increase, over 24 hours. That has proved symptom not the core issue. foreign exchange boost, and successful since we implemented commodities’ price reduction. it,” explained Ian Baking, AVP for The Philippines looked for a tried It also heightens the demand Business Development, ATI. and tested system, a system for ancillary services and that would assure a streamlined employment, which are essential After using TABS, MICT and ATI process for all stakeholders, and to any development. Moreover, it achieved: remedy the core issues, not mask latency between key financial hubs. provides a significant opportunity - 60,000 truck transactions the symptoms. and incentive to pursue inclusive per month, an increase from growth. With the right software 40,000/ month. In Australia, the 1-Stop Vehicle systems in place, like 1-Stop this - Efficiency increased by Booking System (VBS) is a Anova Financial forward with operations in those This new infrastructure taps is all possible. 25% during peak hours, proven and successful tool seeing an alignment between Networks, an areas. Anova is building a fourinto Anova’s global footprint, unclogging ports and the that allows terminals to match what the local government and international carrier site network in Asia, and the which extends to key financial roads leading to them. Digitization: The impact of TABS, resources and facilitate vessel road departments want, and and market data first route – Singapore (SGX) to markets across Asia, Europe - The truck ban imposed for a case study of MICT and ATI and cargo related information. port authorities and national provider, announces Tokyo (CC2) – is now live. and North America. Anova pairs traffic reduction in the city As the Philippines seeks to grow government want,” attested that its subsidiary FE Telecoms exclusive wireless technologies lifted due to the effectivity of its shipping sector, there was a In 2015, the collaborative Christian Gonzalez, Senior LLC has earned a Service Based The Shanghai to Tokyo and best-in-class fiber to deliver the system. need to increase port productivity platform allowed the VBS, to be Vice President and Regional Operation License in Singapore connection will be operational the preeminent intra-Asia through digitization. To achieve implemented in the Philippines Head of Asia Pacific and MICT, and a Notification License in next, followed by Hong Kong connectivity solution. “The national government and port productivity, the process and as 1-Stop Terminal Appointment International Container Terminal Japan, allowing Anova to move to Tokyo and Taiwan to Tokyo. facilitating of vessel and cargo Booking System, known as TABS. the port authority want to operate Services, Inc. “The approval to operate in Asia ports 24/7 to the highest level of relating information must be and the start of our Singapore to capacity utilization achievable. streamlined. In 2017, two years after the With TABS in place at both MICT Tokyo pathway mark a historic With a system like TABS which implementation of TABS, the and ATI, a more efficient and moment for Anova – the official allows us to modify behavior, The growth already experienced Philippines has experienced a productive Philippine supplylaunch of our first greenfield plan the arrivals and departures in the main ports in Philippines, 5.1 percent increase in the trade chain is achieved. For more network in the region,” said of trucks better, we’re now Manila International Container of goods. In addition to this, the information, visit 1-Stop TABS. Michael Persico, CEO of Anova Financial Networks. “Now with 12 APAC / Issue 12 2018 full licensing to move forward with this major expansion, we’re thrilled to answer the resounding market demand for lower latency connectivity in Asia built for the financial community.”
“This move is pivotal for Anova and for financial trading worldwide, and it’s only the start of our comprehensive global expansion strategy,” said Joe Hilt, Vice President of Sales and Marketing at Anova Financial Networks. “Throughout 2019, we’re planning to turn up our three additional routes in Asia.”
24 APAC / Issue Q1 2019
Company: 1-Stop Connections Email: info@1-stop.com Website: www.1-stop.com
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Inside this issue:
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IPA Australia: Australian the cing Enhan Recruitment Sector to SMEs and multi-nationals Since 1984, IPA has provided vital recruitment and labour hire services IPA has remained a consistent and alike across Australia. Where others have faltered over the years, fuelling growth and enhancing highly regarded service that supports businesses across the country,
The Future of Terminals Battling Increased Capacity, Manila Case Study
the lives of the people that they work with.
Walt Disney Company tops 2018 FutureBrand Index of futureproof companies • • •
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• 2018 FutureBrand Index, issued today, reveals the most futureproofed of the world’s top 100 companies. The Walt Disney Company tops the Index. Of the top 25 most futureproofed brands,13 are from the US. Chinese newcomer Kweichow Moutai straight into second place – one of the top six most futureproofed Chinese brands. Companies that blend purpose with experience seen as best positioned for future success. Tech sector perception evolves: to succeed, technology must be backed up by purpose.
The Walt Disney Company is the global firm that’s best positioned for future success, according to the 2018 FutureBrand Index, which is published today (9 October 2018). The Index re-orders PwC’s Global Top 100 – the largest companies in the world by market capitalisation. It uses responses from 3,000 senior
8 APAC / Issue 11 2018
business figures from across the globe to measure each firm’s ‘futureproof factor’ – how strongly they’re positioned for future success. It produces a ranking, where at the top stand the brands judged to have the right qualities in balance to make people want to work for, buy from and invest in them. The dominant theme emerging from the 2018 Index is that the companies seen as best positioned for future success are those that that blend purpose with experience. Several other striking themes emerge: China’s rise is entering a new phase, the tech sector is faltering, and many of the world’s oldest firms in unfashionable sectors are proving more durable than expected. US dominant – but China moving up With 54 of the PWC Top 100 and 13 of the 25 most future proofed brands – including The Walt Disney Company as the number one most futureproofed brand – US firms dominate both the list of today’s successful global companies and the list of those companies best positioned to succeed in the future.
The top futureproofed brand in 2016 was Apple, which drops to fourth in this year’s Index. Gilead Sciences, Nike, AbbVie and Nvidia are the other US companies in the top ten. Last year’s second-placed company, Microsoft, drops 10 places to 12.
To be successful in the 2018 Index, tech sector firms must do more than come up with the latest technology – they must use it to create better products, services and experiences that improve the lives of their customers.
But although there are far more US firms in both the PWC Top 100 and the FutureBrands list than from any other country, both also feature more Chinese firms than ever before, with six of the most futureproofed companies in the FutureBrand Index and 12 in the PWC Top 100. And the company that came second in this year’s list of the most futureproofed brands is Chinese spirits giant Kweichow Moutai.
This year, almost every tech company in the Index has fallen in the rankings and have seen dramatic drops in perceptions of having a clear sense of the future (from 39% in 2014 to 34% in 2018), inspiring change for the better (from 34% in 2014 to 29% in 2018) and having strong ideas and principles (from 36% in 2014 to 31% in 2018). Despite their financial success, the tech sector has also seen falls in individual trust levels (from 35% in 2014 to 30% in 2018).
Increasingly, the story of China is not one of a rising middle class aspiring to Western brands; it is Chinese brands offering new competition to established players in the North American and European markets. The evolution of tech The Index suggests that consumers’ perception of technology companies is evolving, with the purpose behind their ground-breaking technology coming into sharper focus.
No room for complacency Since the first Index was published in 2014, nine companies have consistently been classed as futureproofed brands: Apple, Intel, Microsoft, Inditex, Walt Disney, AbbVie, Johnson & Johnson, Samsung, and Toyota.
cliché to say that to survive, all brands must have instant appeal, and be agile and fast-moving. We say that in fact, the bestmanaged brands are those that combine a compelling brand experience with a clear sense of purpose and these nine, more established companies, are a good example of that.”
Nick Sykes, President International, FutureBrand, says: “It’s a bit of a new era marketing
Balance is best Sykes says: “The FutureBrand
Index is unique because it reveals the future potential of the world’s most prominent companies. It is not based on assumptions or our opinions but rather it’s a robust view of how these companies are perceived and, as ever, it’s yielded some fascinating results. “The Index shows that the brands performing the best, irrespective of which sector they’re in or how well-established
they may be, are those that consistently align the totality of the experiences they create with their wider corporate purpose. “Comparing this year’s results to previous versions of the Index shows there’s no room for complacency. If brands lose their focus on the balance of attributes they need for future success, they quickly fall down the rankings.”
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Compassionate Legal Representation That Always Exceeds Expectations As a multi-sector law firm, Pannu Lawyers have become a stalwart in Australia’s legal sphere, offering compassionate advice and legal representation regardless of case complexity or difficulty.
National Criminal Lawyers™ Making Justice A Priority Having been awarded as the Best Family Law Firm 2018 in New South Wales in our ‘Winner’s Review’ of the past year, we profiled the firm to showcase the secrets behind its success.
KT Corp. to Open Virtual Reality (VR) Center in Malaysia KT Signs Agreement with Malaysia’s IISB for First Overseas
The new VR center will be in the international shopping area near Legoland Malaysia, a popular tourist destination in
South East Asia Business Awards
KT signed an agreement with Malaysia’s Iskandar Innovations Sdn Bhd (IISB) earlier this month to open a VR center in the southern state of Johor. The signing ceremony took place in KT’s headquarters in downtown Seoul on October 11.
Yoon Kyoung-Lim (third from left), head of KT’s Global Business Office, Datuk Khairil Anwar Ahmad (fourth from left), CEO and President of IIB, and other representatives from the two companies are photographed during a signing ceremony of their joint VR business agreement on October 11 at KT’s headquarters in downtown Seoul.
The firm were recognised among the winners of the APAC Legal Awards programme as the Best Family Law Firm in Perth.
VR Business
KT Corp. (KRX: 030200;NYSE: KT), South Korea’s largest telecommunications company, plans to launch its first overseas virtual in Malaysia, business reality (VR) in its efforts move the latest to become a global leader in information and communications technology (ICT).
Yoon Kyoung-Lim (third from left), head of KT’s Global Business Office, Datuk Khairil Anwar Ahmad (fourth from left), CEO and President of IIB, and other representatives from the two companies are photographed during a signing ceremony of their joint VR business agreement on October 11 at KT’s headquarters in downtown Seoul.
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Company Name/Logo the special economic region of Iskandar Malaysia, which borders Singapore. KT plans to expand the joint partnership to explore more business opportunities in Malaysia, offering its advanced technology in 5G networks and solutions, smart energy and cyber security.
the parent firm of IISB, said, “I believe our cooperation will lead to the development of new solutions beyond VR and AR (augmented reality). The VR center to be set up by our two companies signals the beginning of a long partnership with KT.”
“We are making a significant first step in pursuing cooperative endeavor with IISB and introducing our expertise in VR business,” said Yoon Kyoung-Lim, head of KT’s Global Business Office. “KT will spare no effort or investment to successfully carry out the VR business in Malaysia.”
IIB is an investment and development firm engaged in the long-term buildup of Iskandar Malaysia. IIB is working to ensure that Malaysia becomes an attractive investment destination and a vibrant, livable region, focusing on high-impact projects in education, tourism, leisure, and health and wellness.
Datuk Khairil Anwar Ahmad of Iskandar Innovations Berhad (IIB),
launched two VRIGHT (http:// VRIGHT.com) VR theme parks in Seoul this year in partnership with GS retail, a major convenience store chain operator in South Korea. The company plans to franchise its VR entertainment business next year both at home and overseas. KT is developing immersive media and shopping services by using next-generation ICT, featuring not only VR and AR but also artificial intelligence (AI) and 3D modeling. KT Chairman Hwang Chang-Gyu said last month that the Korean telecom leader would soon launch VR Theater, a VR service on Internet Protocol Television (IPTV).
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Indonesia’s Leading Household Consumer Retailer one of the leading retailers in Courts Retail Indonesia PT, is a subsidiary of Courts Asia Limited, APAC Insider’s Winner’s Review Southeast Asia. In September, the company was recognised by Following this well-deserved label as the ‘Best Household Consumer Outlet of 2018’ in Indonesia. success in the region. win, we profiled Courts to find out how it has driven its outstanding It all started in 2014, when Courts entered the Indonesian market, by opening of the first Megastore in Kota Harapan Indah, Bekasi. Since then, Courts Indonesia has experienced impressive growth and expansion, with total of 30 stores around greater Jakarta and West Java areas.
South East Asia Business Awards 2019
In the time since, Courts has become the definitive choice of household outlet in the region, with a dedication to competitive prices and high-quality items. Over the last four years, they have expanded their product range in electronic, IT and furniture categories, further solidifying their presence as a leading outlet in Indonesia.
To stay at the very cutting edge of the market, Courts’ company ethos revolves around innovation, ensuring that swiftly evolving consumer needs are always met. As such, the company strives to renew each of its outlets with new layouts on a regular basis, guaranteeing that the shopping experience never grows stale or outdated. This is something that few retail stores are doing, in Indonesia or indeed, South East Asia, serving
to further distinguish Courts Indonesia from the competition, and putting the consumer at the very heart of their operations. The future of Courts Indonesia is one continuing very much along the same path – a commitment to consumer satisfaction, and a drive to innovate, delivering
experiences that are markedly different from their peers and competitors. For this, Courts Indonesia was recognised by APAC Insider as the ‘Best Household Consumer Outlet’ this year – a well-deserved accolade that few others would be eligible for.
Company Name Award Title Address: Courts Megastore BSD Jl. BSD Raya Utama, Blok G-03 Ds. Lengkong Kulon, Pagedangan Tangerang, Banten 15539, Indonesia Website: www.courts.co.id
12 APAC / Issue 11 2018
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