Japanese life insurer raises investment to 72 million USD

[shevaub]

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Dai-Ichi Viet Nam , a subsidiary of Dai-Ichi Life Insurance of Japan, announced on January 15 that it has raised its investment capital from 25 million USD to 72 million USD after one year of operation.

The increase has turned Dai-Ichi Viet Nam into the second largest foreign-invested life insurer in the country.

"The decision to pour a large investment capital into Viet Nam reflects our belief in the company's future as well as prospects of the Vietnamese life insurance market," said its General Director Takashi Fujii.

"With financial and experience support from the Dai-Ichi Life Insurance of Japan, we will focus investment on information technology and infrastructure in an effort to bring more services to Vietnamese clients," he added.

In 2007, Dai-Ichi Viet Nam posted nearly 473 billion VND (29.5 million USD) in revenues, representing a 28 percent increase over the previous year.

 

[huiyixm]

Conference and Expo events scheduled for Xiamen and Shanghai in 2008

Conference and Expo events scheduled for Xiamen and Shanghai in 2008
Redding, CT USA and Xiamen, CHINA (PR Web) January 16, 2008– Search Marketing Expo (SMX) events will be produced in Xiamen and Shanghai as the result of an agreement between SMX parent Third Door Media, Inc. and China's leading producer of events for internet and search marketing professionals, Timev Media.
ﾂ"Regardless of the source, the consensus is that internet and search marketing is growing and will continue to grow very rapidly in China,ﾂ" said Chris Elwell, Third Door Media President. ﾂ"We're privileged to be associated with Inway Ni and the experienced team at Timev Media, which has produced search marketing events in China since 2004,ﾂ" Elwell added.
ﾂ"With 162 million internet users and 32% annual growth, China represents great opportunity for the global internet and search marketing community,ﾂ" said Timev Media Vice President Inway Ni. ﾂ"We're very excited to working with the experienced Third Door Media team, including search marketing experts Danny Sullivan and Chris Sherman, to bring the renowned Search Marketing Expo – SMX event brand to China. Together, we are confident we will provide valuable search marketing content in Chinese and other languages and markets,ﾂ" Inway added.
Two 2008 Search Marketing Expo events in China are scheduled. The first will be held April 18-19 in Xiamen, to be followed in October with an event in Shanghai.
Contacts:
For Third Door Media
Claire Schoen

+01 (203) 664-1350
For Timev Media
Jon Qiu

+86 (592) 576-9935 +86 (592) 576-9777