MREM Press Releases
AmBank collaborates with WeChat Pay MY
KUALA LUMPUR, March 29 (Bernama) — As part of AmBank Group’s transformation agenda, the Group is focused on enhancing its digital capabilities through strategic partnerships. Leveraging on the increase in e-wallet penetration in the market place, AmBank collaborates with WeChat Pay in 2018 to offer cross-border merchant acquiring services. Today, that
PETRONAS and Malaysian Maritime Enforcement Agency to Enhance Safety and Security of Malaysia’s Offshore Oil and Gas Facilities
LANGKAWI, March 29 (Bernama) — Petroliam Nasional Berhad (PETRONAS) together with the Malaysian Maritime Enforcement Agency (MMEA) have entered into a collaboration to enhance the safety and security of Malaysia’s offshore oil and gas facilities. In formalising the collaboration, PETRONAS was represented by Abdul Jalil Zainul, Head of Strategic Relations &
AM Best Revises Issuer Credit Rating Outlook To Negative For PT Asuransi Jasa Indonesia (Persero)
SINGAPORE, March 29 (Bernama-BUSINESS WIRE) — AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” of PT Asuransi Jasa Indonesia (Persero) (Jasindo) (Indonesia). The outlook of the FSR remains
Inaugural ASEAN Tourism Awards Japan Presented to Excellent Tours to the ASEAN Member States
TOKYO, March 29 (Bernama-BUSINESS WIRE) — The ASEAN-Japan Centre (AJC) has awarded eleven tour products in six categories for the trips with destinations to the ASEAN Member States (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) as winners of the ASEAN Tourism Awards Japan 2018. With the
Eastspring Investments Berhad Declares Income Distribution For Eastspring Investments Asian High Yield Bond My Fund
KUALA LUMPUR, March 29 (Bernama) — Eastspring Investments Berhad today announced the gross income distribution for Eastspring Investments Asian High Yield Bond MY Fund (“Fund”). The Fund is a wholesale feeder fund which aims to maximise income and capital appreciation by investing in the Eastspring Investments – Asian High Yield Bond
AM Best Upgrades Credit Ratings Of Partners Life Limited
SINGAPORE, March 29 (Bernama-BUSINESS WIRE) — AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Partners Life Limited (Partners Life) (New Zealand). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
AM Best Affirms Credit Ratings of LIG Insurance (China) Co Ltd
HONG KONG, March 29 (Bernama-BUSINESS WIRE) –AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of LIG Insurance (China) Co Ltd (LIG China) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect LIG China’s balance sheet strength,
Complaints About Network And High-Speed Broadband (HSBB) Price Record An Increase In 2018
CYBERJAYA, March 28 (Bernama) — The Communications and Multimedia Consumer Forum of Malaysia (CFM) has been one of the complaints channels for 18 years for consumers to report their problems in the communications and multimedia services. For 2018, CFM received 6,330 complaints which recorded 33% increase compared to the total number of complaints
PETRONAS Continues To Enhance Governance With Corporate Integrity Advocacy Programme (CIAP)
KUALA LUMPUR, March 28 (Bernama) — PETRONAS continues to enhance its education and communication activities to promote integrity with another round of Corporate Integrity Advocacy Programme (CIAP) for its top management. The CIAP 2019 event, with the theme on “Corporate Liability – A Change in Corporate Integrity Landscape” will address the change
CIMB allocates RM15 billion to benefit 100,000 SMEs
KUALA LUMPUR, March 28 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) has announced its commitment to disburse at least RM15 billion in the next two years to help finance 100,000 small and medium-sized enterprises (“SMEs”) in Malaysia. The Bank will focus on helping SMEs have easier access to loans