Channel NewsAsia launches Luminary Awards to mark its 12th anniversary

For immediate release
Media Release 

Channel NewsAsia launches Luminary Awards to mark its 12th anniversary

Luminary Awards honour Asia’s outstanding business leaders and innovators

Singapore, 25 February 2011 – Regional broadcaster, Channel NewsAsia, celebrates 12 years of growth with the launch of an Asian-wide business awards. The inaugural Channel NewsAsia Luminary Awards recognise the best business minds and leaders in Asia who inspire and motivate entrepreneurs to achieve excellence in their fields.  It caps the channel’s renewed focus on business content at a time when Asia is emerging with new found strength from the recent global financial crises.

The channel has been riding right along developments in Asia, bringing daily coverage and breaking news by one of the largest network of correspondents in the region for viewers in 30 million households and hotel rooms in 24 territories. Over the past year alone, the channel has sealed new carriage partnerships with affiliates in Taiwan, Vietnam, Indonesia, South Korea and Mongolia. Its latest tie-up with the Accor Group will ensure that the guests staying in their hotels, which span across 12 countries in Asia, can stay updated and entertained with the channel.  

In the latest Synovate PAX (Pan Asia Pacific Cross Media) survey released in December 2010, Channel NewsAsia registered the highest growth in viewership of 17% compared with other news channels in the region. The survey also reported that Channel NewsAsia has maintained and strengthened its lead as the most watched news channel, ahead of the other news channels available in Singapore.

Managing Director of Channel NewsAsia, Ms Debra Soon says, “We were the first English language Asian news channel, a mere little red dot on the map when we launched.  We are still a young and small player in the international scene but we believe we represent the spirit of a youthful, resurgent Asia, reporting Asia from within Asia, representing Asian perspectives.  We want to grow and celebrate Asia’s success just as the luminaries we are awarding have done, overcoming odds, and representing the dynamism that is Asia and setting the benchmark for doing business in this region. We believe we are well placed to tell their stories in a uniquely Asian fashion.”

The channel was launched in Singapore in 1999, when the region was still in the grips of the Asian financial crisis. A year later, Channel NewsAsia International was launched and beamed to a modest 5 countries in the region.  Through the last 12 years, the channel has been in a privileged position to capture stories of tragedy, success and hope on television and online and to share them across Asia.

The Channel NewsAsia Luminary Awards

Winners distinguish themselves by leading the way in business practices that have an impact on the way we work and live in Asia and globally.

Four Luminary Awards will be presented:

  • Green Luminary Award
  • Innovation Luminary Award
  • Future Business Luminary Award
  • Lifetime Achievement Luminary Award

They are a tribute to the winners’ green practices and innovations that sweep the region.  The Future Business Luminary Award is presented to an outstanding young business leader, below 45 years of age, for his or her achievements.  The awards will be presented annually.

The fourth award, the Lifetime Achievement Luminary Award, is conferred on Dr Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon Limited. Our first recipient of this accolade is one of the most influential persons in the field of Biotechnology in Asia and the world today. Dr Shaw started her business in the 70s in a garage of a rented house, with just US$200.  In 2004, her company Biocon was listed on the National Stock Exchange, making her India’s richest woman.

Winners of the first three awards will be announced at a Gala Awards Dinner on 25 February 2011 at the Raffles Hotel.

In conjunction with the awards, Dr Shaw will share her insights on conducting business in Asia at a forum following the ceremony.  The entire awards ceremony and forum will be recorded for a special programme to be telecast on 2 March 2011, 9.30pm (Sin/HK time) on Channel NewsAsia in the region.

The process to finalise the nominees began in 2010, with a nominating committee comprising editors, think-tank and corporate governance personalities convening to conduct an independent first round analysis, short-listing a total of 9 nominees for the categories.  A Jury Panel of distinguished individuals then deliberated to determine the winners in each category. 

The Jury Panel comprised:

  • Mr. Tony Chew - Chairman, Singapore Business Federation
  • Prof. Gunter Dufey - Professorial Fellow and Prof Emeritus, University of Michigan, Nanyang Business School, NTU
  • Mr. Edmund Lin - Partner, Bain & Company SE Asia, Inc.
  • Mr. Phillip Overmyer - Chief Executive, Singapore International Chamber of Commerce
  • Mr. Jim Rogers - Investment Guru and Founder, Rogers International Commodities Index
  • Mr. Sunny Verghese - Group Managing Director and Chief Executive Officer, Olam International Limited
  • Ms. Debra Soon - Managing Director, Channel NewsAsia, MediaCorp Pte Ltd

Issued by News, MediaCorp Pte Ltd 

For more information, please contact:

Eileen Lee

Manager

Channel NewsAsia

Tel:       (65) 6350 3704

Fax:      (65) 6253 0861

E-mail: eileenlee@mediacorp.com.sg

About Channel NewsAsia

Channel NewsAsia Singapore was established in March 1999, and is an English language Asian TV News channel. It reports on global developments with Asian perspectives. Channel NewsAsia brings viewers not only the latest news but also the stories behind the headlines. Based in Singapore, it has correspondents in major Asian cities and key Western ones, including New York, Washington D.C, London and Brussels.  It is fully complemented by a strong online presence at channelnewsasia.com, which provides a premier source of real time news, videos, information and entertainment features.

Channel NewsAsia (International), was launched in September 2000, as the international broadcasting arm of Channel NewsAsia Singapore.  It is now viewed in 24 territories across Asia.  The satellite footprint of the channel stretches across the Middle East, South Asia, Southeast Asia, Northeast Asia and Australia.  

Channel NewsAsia's other key business is the production of news and current affairs content in four languages, English, Malay, Tamil and Chinese.  This content is produced for MediaCorp's television and online platforms, such as mass entertainment Channels 5, 8, U, and niche language channels, Suria and Vasantham.  MediaCorp is Singapore’s leading media company with the most complete range of platforms, spanning television, radio, newspapers, magazines, movies, digital and out-of-home media.  

For more information, please visit Channel NewsAsia’s website at channelnewsasia.com.