MREM Press Releases
AM Best Affirms Credit Ratings of TOWER Insurance Limited and TOWER Limited
SINGAPORE, March 11 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of TOWER Insurance Limited (TIL) (New Zealand). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of TIL’s ultimate parent, TOWER Limited (TL) (New
CS Global Partners: Business Is Thriving in St Kitts and Nevis with US$3m Boost and Citizenship Programme Support
LONDON, March 11 (Bernama-BUSINESS WIRE) — Local business in the Caribbean islands of St Kitts and Nevis is thriving as small and medium enterprises were announced that they will soon be able to access a US$3-million funding pool. According to a recent press release issued by the Office of the Prime
CIMB Group launches Forward23, ready to disrupt itself to accelerate growth and futureproof its business
KUALA LUMPUR, March 9 (Bernama) — CIMB Group (“the Group” or “CIMB”) recently announced its next five-year blueprint – “Forward23” – to accelerate growth and future-proof its business. On the back of strong foundations following the success of T18, the Group has embarked on its next transformational growth phase under Forward23,
Malaysia Welcomes Another Homegrown Aerospace Company
KUALA LUMPUR, March 8 (Bernama) — Malaysia welcomes another homegrown aerospace company with the opening of Boss Aerosystem’s manufacturing facility at the Bukit Minyak Industrial Park, Pulau Pinang today. Dato’ Azman Mahmud, Chief Executive Officer (CEO) of MIDA in his opening speech at the event said, “It is indeed a point
No Audit Or Investigation For Those Taking Part In The Special Voluntary Disclosure Programme (SVDP)
KUALA LUMPUR, March 8 (Bernama) — As announced by Yang Berhormat Tuan Lim Guan Eng during the tabling of the 2019 Budget last year, the government is committed in prospering the rakyat and to reduce leakages in the country’s revenue. For that purpose, the government launched the Special Voluntary Disclosure Programme (SVDP) beginning
PETRONAS Concludes 2018 with Strong Financial Performance
KUALA LUMPUR, March 8 (Bernama) — PETRONAS today announced a strong performance for its financial year ended 31 December 2018, contributed by the Group’s continuous focus on fiscal discipline and operational excellence while improving efficiencies, despite a volatile market. The Group’s revenue increased by 12 per cent to RM251.0 billion compared
Kount CEO Participates in International Monetary Fund’s High-Level Advisory Group to Balance Fintech Risk and Opportunities
BOISE, Idaho, March 8 (Bernama-BUSINESS WIRE) — Kount, a global leader in digital fraud prevention, announced its CEO Bradley J. Wiskirchen is the only executive from the fraud control industry engaged in the International Monetary Fund’s (IMF) High-Level Advisory Group on Finance and Technology. Following the launch of the Bali Fintech Agenda,
Santen to Conduct Activities to Raise Disease Awareness during World Glaucoma Week, March 10 to 16
OSAKA, Japan, March 8 (Bernama-AsiaNet) — Santen Pharmaceutical Co., Ltd. (hereinafter “Santen”) announced on March 8 that as part of its initiatives to increase public awareness of glaucoma, it will sponsor activities to be conducted worldwide during World Glaucoma Week (hereinafter “WGW”) from March 10 to 16, 2019. (Image: https://kyodonewsprwire.jp/img/201902283729-O1-R3TSUEqy) To encourage
AM Best Affirms Credit Ratings Of General Insurance Corporation Of India
SINGAPORE, March 8 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of General Insurance Corporation of India (GIC Re) (India). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect GIC Re’s balance sheet strength, which
Cloudflare Named a Leader in IDC MarketScape DDoS Prevention Solutions Report
SAN FRANCISCO, March 8 (Bernama-BUSINESS WIRE ) — Cloudflare, the leading Internet performance and security company, today announced that it has been named a Leader in the IDC MarketScape: Worldwide DDoS Prevention Solutions 2019 Vendor Assessment (doc #US43699318, March 2019), among nine other vendors. The IDC MarketScape recognized Cloudflare for its