• February 2, 2025
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MREM Press Releases

Socialization Dinner For Ambassadors Of APO Members And Steering Committee On The APO Vision 2025 Monitoring And Evaluation: Pause-and-Reflect Activity Consultation Meeting

TOKYO, March 15 (Bernama-BUSINESS WIRE) — On Thursday, 14 March 2024, Asian Productivity Organization (APO) Secretary-General Dr. Indra Pradana Singawinata hosted a Socialization Dinner for Ambassadors of APO Members in Tokyo. The event, which was attended by ambassadors and representatives from 14 APO members, coincided with the APO Vision 2025: Pause-and-reflect

AM Best Affirms Credit Ratings of KBFG Insurance (China) Co., Ltd.

HONG KONG, March 15 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of KBFG Insurance (China) Co., Ltd. (KBFG China) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect KBFG China’s

AM Best Affirms Credit Ratings Of Fidelity Life Assurance Company Limited

SINGAPORE, March 15 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Fidelity Life Assurance Company Limited (Fidelity Life Assurance) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fidelity Life Assurance’s

AM Best Affirms Credit Ratings and Assigns National Scale Rating to PT Asuransi Astra Buana

SINGAPORE, March 15 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned the Indonesia National

Black & Veatch Studies Extraction of Natural Hydrogen in Australia

MELBOURNE, Australia, March 14 (Bernama-BUSINESS WIRE) — Black & Veatch, a global leader in critical infrastructure solutions, will study the exploration and extraction of natural hydrogen and helium in Australia. The development study is an engineering services agreement between Australian-owned natural hydrogen company H2EX Limited, a world leader in exploring naturally

KPMG In Malaysia Welcomes Dr Veerinderjeet Singh As Senior Advisor On Tax Policy

PETALING JAYA, March 14 (Bernama) — KPMG in Malaysia has appointed Dr Veerinderjeet Singh as its Senior Advisor on Tax Policy effective 1 March 2024. Dr Veerinderjeet has over 40 years of experience in tax management in the public sector, academia, professional firms and the corporate sector as a Board member

Cargill Shares Outcome of the World’s First Wind-Powered Ocean Vessel’s Maiden Voyage

GENEVA, March 14 (Bernama-BUSINESS WIRE) — Cargill today revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring the potential for the wind assisted propulsion technology in moving the shipping industry toward renewable energy use. The MC Shipping Kamsarmax vessel retrofitted with two WindWings® -large solid wind sails developed

Best’s Commentary: Increased Regulatory Scrutiny Of Bancassurance To Impact Vietnam Insurance Industry

SINGAPORE, March 14 (Bernama-BUSINESS WIRE) — A change in Vietnam law pertaining to the distribution and purchase of insurance products through the bancassurance channel is expected to constrain sales growth over the near term, more so for life side products than the non-life side of the business, according to a new AM

South Korea-Based Luxury Second-hand Platform, EPIC Corporation with $17 million annual revenue, gears up for global app launch

SEOUL, South Korea, March 13 (Bernama-GLOBE NEWSWIRE) — Epic Corporation operates Epic One, a luxury secondhand trading platform based in South Korea. The company achieved an annual revenue of $17 million dollars (19 billion KRW) last year and successfully raised $3 million (3.5 billion KRW) in funding. The app allows

JBAM Inaugurates Its RM172 Million New And State-Of-The-Art Scheduled Waste-To-Energy Plant

BUKIT TAGAR, Selangor, March 13 (Bernama) —  J&T Berjaya Alam Murni Sdn. Bhd. (JBAM), a collaborative venture among Berjaya Enviro Holdings, J&T Recycling Corporation of Japan, and JFE Engineering (M) Sdn. Bhd. is proud to announce the inauguration of its state-of-the-art Waste-to-Energy (SWTE) Plant at Bukit Tagar Enviro Park (BTEP). This