Kuala Lumpur among Top Three Investment locations nationwide in 2021

KUALA LUMPUR, March 10 (Bernama) — Kuala Lumpur once again emerged as one of the top destinations for investors in 2021, attracting the third-highest investments approved in Malaysia after Pulau Pinang and Kedah. The national capital recorded RM37.7 billion in investments last year, an increase from RM17.1 billion in 2020. More importantly,…

UMW Group’s Sales Momentum Continues In February 2022 With Delivery Of 23,853 Vehicles, 10% Higher Year-On-Year

KUALA LUMPUR, March 10 (Bernama) — The UMW Group’s strong start to 2022 continued in February as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua, registered improved automotive sales compared with February 2021.  The Group delivered 23,853 units in February 2022, 10.1% higher than the 21,657 units sold in…

AM Best Places Credit Ratings of Blue Cross (Asia-Pacific) Insurance Limited Under Review With Developing Implications

HONG KONG, March 10 (Bernama-BUSINESS WIRE) — AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Blue Cross (Asia-Pacific) Insurance Limited (Blue Cross) (Hong Kong). Blue Cross is a wholly owned subsidiary of The Bank…

PETRONAS Partners With CERAWeek By S&P Global For Energy Asia 2023

KUALA LUMPUR, March 10 (Bernama) — Taking the lead to address energy transition and accelerate collaborations in net zero solutions for Southeast Asia, PETRONAS is partnering with premier energy conference CERAWeek by S&P Global to co-create Energy Asia 2023 in Kuala Lumpur. To be held from 26 to 28 June next year,…

Best’s Market Segment Outlook: AM Best Maintains Stable Outlook On Philippine Non-Life Insurance Segment

SINGAPORE, March 10 (Bernama-BUSINESS WIRE) — AM Best is maintaining a stable market segment outlook for the Philippine non-life insurance segment, citing signs of recovery in 2021 regarding premium growth and improved investment conditions. In its new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance,” AM Best also notes the strong…

AETM’s Confidence In Malaysia Results In The Setting Up Of A 20,000 Square Feet Manufacturing Facility In Pulau Pinang

PULAU PINANG, March 9 (Bernama) — Applied Engineering Technology (M) Sdn. Bhd. (AETM) organised a grand opening ceremony for its manufacturing plant in Batu Kawan Industrial Park, Pulau Pinang today. The ceremony was officiated by Deputy Chief Minister 1 of Penang, YB. Dato’ Ir. Haji Ahmad Zakiyuddin bin Abdul Rahman and…

Dr. Andreas Amrein Joins Advanced Clinical to Lead Global Development and Expansion in APAC, Europe and Canada

CHICAGO, March 9 (Bernama-BUSINESS WIRE) — Advanced Clinical, a clinical development and strategic resourcing organization committed to providing a better clinical experience across the drug development journey, is pleased to announce that Dr. Andreas Amrein has joined the Executive Team as Senior Vice President of Asia-Pacific (APAC) and Japan as well…

Nikkiso Clean Energy & Industrial Gases Group Announces Expansion Of Marine Manufacturing In Asia

TEMECULA, Calif., March 9 (Bernama-GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce yet another expansion of their manufacturing capabilities for the growing Marine market. With this expansion, they have become one of the…

Adagene Announces Four Poster Presentations on Robust Preclinical Pipeline of Antibody-Based Therapeutics at Upcoming American Association for Cancer Research (AACR) Annual Meeting

– New IND-enabling programs reinforce commitment to build a deep, broad and differentiated pipeline that transforms cancer immunotherapy leveraging company’s AI-powered platform – – SAFEbody® precision masking technology integrated across antibody-based modalities in POWERbody® candidates, designed to further enhance efficacy with secured safety – – Data show safe, powerful and durable…

LeddarTech Announces the Appointment of Derek Aberle and Nick Stone to Its Board of Directors

QUEBEC CITY, March 9 (Bernama-GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the appointments of Derek Aberle and Nick Stone to its Board of Directors. Mr. Derek Aberle’s experience includes senior executive roles in large, global technology companies as…
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