[By NBC-1TV H. J Yook]According to the Korea Trade-Investment Promotion Agency (KOTRA) South Korea’s food and beverage (F&B) per capita consumption is expected to grow by a CAGR of 5.1 percent to 2016. Additionally, South Korea’s foodservice market is forecast to increase by a CAGR of 4.8 percent to 2015, with a growing appreciation for up-market restaurants that offer quality food as consumers become more affluent and discerning. The fresh food market is also expected to continue to grow by a CAGR of 1.5 percent to 2016, and overall mass grocery retail sales are expected to increase at a CAGR
[By NBC-1TV H. J Yook]ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has been ranked in the world’s top three vendors of video-conferencing systems in the latest report by Wainhouse Research. According to the “SpotCheck Group Video Conferencing Q4-2013 and YR-2013 (http://goo.gl/fIM0Ib)” report by Wainhouse Research, a leading research firm in the video conferencing industry, ZTE achieved 14 percent market share in the shipment of videoconferencing te
[By NBC-1TV H. J Yook]Hilton Worldwide (www.hiltonworldwide.com) today announced the signing of a new management agreement with PT. Bali Ragawisata for the first Waldorf Astoria Hotels & Resorts (http://goo.gl/PbHxb) property in Indonesia. Located in the exclusive Bukit Pandawa precinct in the south of Bali, the 96-villa Waldorf Astoria Bali is also the fourth hotel in the pipeline in Indonesia for the global hospitality group. “Waldorf Astoria has experienced unrivaled growth in recent years as we continue to expand our footprint with iconic signings in landmark locations,” said John Vandersl
[By NBC-1TV H. J Yook]MTR Corporation Limited, a Hytera client, won “Best Use of TETRA for Transport” in recently announced 2014 International TETRA Awards. The awarding was organized by TETRA Today in association with TETRA and Critical Communications Association (TCCA). MTR Corporation operates one of the world's busiest rapid transit and light rail networks in Hong Kong. Around 5.1 million passengers travel with MTR lines each day, and the trains depart every 2.1 minutes during peak hours. Reliable communication systems are critical for maintaining its daily operation. MTR has been using TE
[By NBC-1TV H. J Yook]Citibank Korea (CEO Ha, Yung-ku) had a signing ceremony with the Microcredit Joyful Union (President, Jeong, Myeong-gi) for ‘2014 Citibank Korea - Joyful Union Support for Microcredit Business’ in the boardroom on the 10th fl. of Citibank Korea on Mar. 13, 2014. At the signing ceremony, Citibank Korea delivered KRW 110 million (USD 100,000) funded by the Citi Foundation to the microcredit institution, followed by the contract signing and a photo shoot. The Joyful Union that started as the first-ever microcredit financial institution in Korea has provided lending to the lo
[By NBC-1TV H. J Yook]Quintiles last night was named the “Best CRO in Asia” at the 2014 BioPharma Asia Industry Awards dinner, the third time in the event’s four-year history that Quintiles has received the honor. The award recognizes the contract research organization that has best demonstrated an ongoing commitment to improve clinical research in Asia and help customers succeed. “This award reflects Quintiles’ ability to improve our customers’ probability of success by combining market knowledge with superior service,” said Ken Lee, M.D., Quintiles Vice President and Regional General Manager
[By NBC-1TV H. J Yook]Mentor Capital, Inc. (OTC Markets: MNTR) announced today that it has been selected by Bhang Chocolate Company, Inc. to provide $39 Million in equity funding for Bhang’s national and international expansion and to help further extend their market-leading brand across the marijuana related sector. Mentor Capital CEO, Chet Billingsley, affirms, “By a wide margin, five time cannabis cup winner, Bhang Chocolate is recognized as the world’s singular leading cannabis brand. We feel privileged to be working with the Bhang management team lead by founder Scott Van Rixel. In the ex
[By NBC-1TV H. J Yook]GT Advanced Technologies Inc., (Nasdaq:GTAT), today announced the signing of a $336 million supply agreement with Cosmos Chemicals Berhad to provide equipment and technology for a 25,000 metric ton annual (MTA) polysilicon facility, a project sponsored by Saudi Arabia based Project Management & Development Company (PMD), that will be located in Sarawak, Malaysia. Under the terms of the agreement, which is subject to financing, GT will supply its complete suite of polysilicon production equipment and technology including engineering services, hydrochlorination, SDR™ CVD re