Canada judge won’t relax Huawei CFO bail conditions

first_imgVANCOUVER, British Columbia (AP) — A Canadian judge is declining to ease bail conditions for a senior executive of Chinese tech giant Huawei who was arrested in Canada on a U.S. extradition warrant.  British Columbia Supreme Court Justice William Ehrcke said Friday the current restrictions are the minimum required to ensure Meng Wanzhou, the daughter of Huawei’s founder and its chief financial officer, does not flee Canada. The judge dismissed Meng’s application for changes to her bail conditions, which would have allowed her to leave her Vancouver mansion outside the hours of her overnight curfew without the presence of security.last_img

Vermont Public Television plans new magazine show

first_imgVermont Public Television, Vermont’s statewide public television network, is making plans for a new, locally produced magazine program on air and online with the working title ‘Green Mountain Guide.’ VPT aims for an early 2012 launch of a weekly showcase for interesting people, regional culture, outdoor experiences, local history and important public issues.  Audiences will notice a few other changes to VPT’s production landscape. The call-in program ‘Public Square’ will not return this fall. While VPT plans to continue its examination and discussion of important issues, they will be handled during the magazine show or through more prominent special reports.VPT will continue to broadcast its venerable interview program, ‘Profile,’ each week but does not plan to produce new episodes for the fall. ‘‘Profile’ has introduced us to some fascinating people,’ Scott said, ‘but after a decade in production, we want to change things up. This doesn’t mean we will end our conversations with interesting people or our long relationship with ‘Profile’ host Fran Stoddard. There will be room for both in VPT’s new local production plans.’ ‘We know Vermonters love Vermont,’ said Kathryn A. Scott, chief content officer for VPT, ‘And we know our audiences have a real thirst for information and entertainment that enlightens and enriches their understanding of the world. With ‘Green Mountain Guide,’ we hope to give them a slice of what they crave: even greater knowledge and appreciation of the people, places and ideas that make Vermont unique.’‘We intend to offer a combination of timely reports, in-depth conversations and fascinating stories you won’t find anywhere else,’ Scott said. VPT hopes to make the ‘Green Mountain Guide’ a permanent part of its lineup but will begin with a short-term commitment and then assess audience response and options for longer-range support.‘Green Mountain Guide’ will be just part of a new approach at VPT. ‘We want to get even more from our production efforts around the region,’ Scott said. ‘We are mindful that our supporters literally invest in our efforts, so our team works hard to be practical, frugal and nimble in our approach to storytelling.’‘We are more than a statewide television network. VPT provides an extensive public media system which can help people make real, human connections throughout New England,’ Scott said. ‘Vermonters are active people with busy lives. We need to offer our content where and when it’s convenient for them. For example, we routinely make our programs available online or out in the community, sometimes even before airing them on TV.’New projects in the pipeline include a focus on some of Vermont’s summer music workshops and festivals, including the KoSA International Percussion Workshop, the Manchester Music Festival, the Vermont Youth Orchestra and Grace Potter’s Grand Points North festival. Short video stories from these events will air during local slots that are part of the new PBS Arts Fall Festival beginning in October. Expanded versions will appear in ‘Green Mountain Guide’ and a locally produced performance special.Also coming in October, VPT-produced stories about bootleggers and rum-runners in Vermont will debut as companions to ‘Prohibition,’ a new PBS film from Ken Burns and Lynn Novick. Then, new episodes of VPT’s award-winning ‘Emerging Science’ will kick off PBS Science Wednesdays to complement new seasons of ‘NOVA’ and ‘Nature.’This approach is designed to make it easier for audiences to find new content right next to similar programs they already enjoy. It also will give VPT a chance to cover many more topics without the heavy commitments required when undertaking lengthier documentaries or single-subject series.VPT. 9.14.2011last_img read more

FWD Life rebrands business as acquisition completed

first_img“We’re delighted to enhance our presence in Indonesia through this acquisition. Indonesia is a priority market for FWD as we see huge potential for us to change the way people feel about insurance in this highly underpenetrated and rapidly growing market,” FWD Group CEO Huynh Thanh Phong said in a written statement on Monday.Indonesia’s insurance industry has struggled to boost its penetration rate as it has floated around low single digits for years, and sits at around 3 percent today, yet the growing Indonesian middle class presents a big opportunity.With the acquisition, the company assures that existing customers and distribution channels will not be affected by the changes. Consumers will still be able to access the company’s products and services through their preferred service channels.Existing policies will also continue to be honored, the company’s statement reads. Alongside the acquisition, FWD Insurance also announced that it would enter a 15-year partnership on life insurance distribution with PT Bank Commonwealth, CBA’s Indonesian banking business.PT Bank Commonwealth president director Lauren Suistiawati said the bank and FWD Insurance “share the same goal in digitalizing our services and processes to meet the evolving needs of our customers in the rapidly changing technological environment in which we now live”. In 2018, FWD Life announced that it had allocated Rp 500 billion ($35.73 million) to develop its digital business until 2020, as reported by, FWD Life has four distribution channels: agents, bancassurance, corporate or employee benefit and digital. For its digital sales, the company has partnered with K-Link and e-commerce firm Lazada to support its growth.Topics : Joint venture insurance company PT FWD Life Indonesia, part of FWD Group, has rebranded its name as it completed the acquisition of insurance firm PT Commonwealth Life on Monday.With the acquisition, the company has rebranded its name to PT FWD Insurance Indonesia as part of the new phase.The deal, announced in October 2018, saw FWD Group taking over shares belonging to the Commonwealth Bank of Australia (CBA), which initially held an 80 percent stake in Commonwealth Life, for an estimated US$300 million.last_img read more