MREM Press Releases
AM Best Downgrades Credit Ratings of Energas Insurance (L) Limited
SINGAPORE, March 13 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of Energas Insurance (L) Limited (ENERGAS) (Malaysia). The outlook of these Credit Ratings (ratings) has been revised to stable from
Redslim Expands Into Asia-Pacific to Support Global Brands With Data and AI Infrastructure
ZUG, Switzerland, March 12 (Bernama-BUSINESS WIRE) — Redslim, a specialist in end-to-end data management solutions and an Astorg portfolio company, today announced its expansion into the Asia-Pacific region and the appointment of Kyriakos Zannikos as Regional Director, APAC. The move marks an important milestone in Redslim’s global growth strategy and brings
Principal Asset Management Berhad Marks Dual Recognition at the Asia Asset Management Best of the Best Awards 2026, Underscoring its Strategic Alliance With CIMB
KUALA LUMPUR, March 12 (Bernama) — Principal Asset Management Berhad (“Principal Malaysia”), a joint venture between Principal Financial Group® (“Principal”) and CIMB Group (“CIMB”), marks dual recognition at the Asia Asset Management (AAM) Best of the Best Awards ¹ 2026, securing two distinguished accolades under the Malaysia Country Awards category. These achievements underscore
EIG’s MidOcean Energy to Acquire Additional Gorgon LNG Interest from JERA; Parties Explore Strategic Alliance
WASHINGTON, March 12 (Bernama-BUSINESS WIRE) — MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced it has entered into definitive agreements with JERA Co., Inc. (“JERA”) to acquire JERA Gorgon Pty Ltd, which holds JERA’s 0.417% interest in the Gorgon LNG project. MidOcean is
Xsolla Releases New Industry Report Identifying the Biggest Opportunities for the Future of Video Games for Developers
LOS ANGELES, March 12 (Bernama-BUSINESS WIRE) — Xsolla, a leading global video game commerce company, today released the latest edition of The Xsolla Report, timed to coincide with this week’s activations and collaborations in San Francisco. This edition provides insights from working with thousands of studios to map out where the
Smiths Detection Celebrates Sale Of Its 2,000th HI-SCAN 6040 CTiX 3D X-ray Scanner
HONG KONG, March 12 (Bernama-BUSINESS WIRE) — Smiths Detection, a global leader in threat detection and screening solutions, today announces the sale of its 2,000th HI-SCAN 6040 CTiX, an industry-leading 3D X-ray scanner with high-resolution 3D computed tomography images and intelligent AI-driven automatic detection capabilities. The HI-SCAN 6040 CTiX is deployed across
VCI Global Launches AI Compute Treasury Strategy Built on NVIDIA GPU Infrastructure
KUALA LUMPUR, Malaysia, March 12 (Bernama-GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced the launch of its AI Compute Treasury strategy, a long-term initiative to accumulate and deploy high-performance GPU infrastructure to support the growing global demand for artificial intelligence inference workloads. The strategy
Bitget and B2C2 Partner to Strengthen Institutional Market Access
VICTORIA, Seychelles, March 11 (Bernama-GLOBE NEWSWIRE) —Bitget, the world’s largest Universal Exchange (UEX), today announced a strategic partnership with B2C2, a global leader in institutional digital asset trading. The collaboration brings B2C2’s deep, reliable liquidity and execution capabilities to Bitget’s institutional ecosystem. B2C2, founded in 2015 and majority-owned by SBI, the
Arla Foods Ingredients to Showcase Innovative Solutions for Cost-Effective Food Production At FIC 2026
SHANGHAI, March 11 (Bernama-GLOBE NEWSWIRE) — From 17–19 March 2026, Arla Foods Ingredients will exhibit at FIC 2026 in Shanghai, China, where it will showcase a range of innovative solutions. During the event, the company will highlight solutions based on Variolac® whey permeate, offering cost-effective formulation options with excellent taste performance across dairy, bakery and other applications. Whey permeate:supporting
Persona AI Announces Michael Perry As Head Of Commercial Strategy
HOUSTON, March 11 (Bernama-GLOBE NEWSWIRE) —Persona AI, an emerging leader in humanoids being purpose-built for heavy industry, today announced the appointment of Michael Perry as Head of Commercial Strategy. The hire signals Persona’s shift toward commercial deployment, as the company builds the commercial infrastructure to bring humanoid automation to markets