SINGAPORE, Dec 10 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Fubon Insurance Vietnam Co., Ltd. (Fubon Vietnam) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fubon Vietnam’s balance sheet strength,…

SINGAPORE, Dec 10 (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 Malaysian Reinsurance Berhad (Malaysian Re) (Malaysia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Malaysian Re’s balance sheet strength, which AM…

Investments aimed at product innovation, talent, and global expansion to enable enterprises to compete and win in a software-first economy SAN JOSE, Calif., Dec 10 (Bernama-BUSINESS WIRE) — CloudBees, the leading software delivery platform for enterprises, announced it has closed a $150 million Series F financing round at a pre-money valuation…

SAN DIEGO, Dec 10 (Bernama-BUSINESS WIRE) — Kyriba Corp. (“the Company”), a global leader of cloud-based finance and IT solutions, announced today the creation of its Executive Advisory Board (“the Board”) comprised of globally recognized leaders who bring a depth of experience and leadership to the Company. The new Executive Advisory Board…

Selangor International Business Summit (SIBS) 2021 recorded over RM200mil sales in its efforts to revive the regional economic development and activities.  SHAH ALAM, Dec 10 (Bernama) — This year, due to the pandemic, the physical event aimed to revive the economic development from various industrial sectors and services sectors that were…

HONG KONG, Dec 10 (Bernama-BUSINESS WIRE) — CSOP Asset Management Limited (“CSOP”) is proud to announce the listing of CSOP MSCI China A 50 Connect ETF (stock ticker: 3003.HK) on Hong Kong Stock Exchange on 13 December 2021. Adopting a combination of physical representative sampling and synthetic representative sampling strategy, 3003.HK…

Selangor Aviation Show 2021 gets thumbs up from industry players and visitors  SHAH ALAM, Dec 10 (Bernama) — The inaugural Selangor Aviation Show 2021 (SAS2021) which was held from 25th to 27th of November touched its peak as a success beyond expectations, having achieved almost 5,000 visitors target over the three-day event. The…

KUALA LUMPUR, Dec 9 (Bernama) — Nexperia Malaysia Sdn. Bhd., a wholly owned subsidiary of Nexperia BV (Netherlands) will be expanding its presence in Malaysia with the groundbreaking ceremony of its latest facility in Seremban, Negeri Sembilan today. “By 2026, Nexperia Malaysia is looking to invest an additional RM1.6 billion for building,…

KUALA LUMPUR, Dec 9 (Bernama) — UMW Group’s wholly-owned subsidiary, UMW Innovation and R&D Centre Sdn. Bhd. (“UIRDC”) has entered into a Memorandum of Understanding (“MoU”) with UPM Holdings Sdn. Bhd. (“UPMH”), a wholly-owned subsidiary of Universiti Putra Malaysia (“UPM”) to explore opportunities in developing green and sustainable technology. UIRDC was set…

The innovation called EconiQ™ retrofill uses eco-efficient gas mixture to support National Grid in achieving their sustainability targets Zurich, Switzerland, Dec 9 (Bernama-GLOBE NEWSWIRE) — Hitachi Energy and National Grid have successfully energized a pilot project replacing SF6 in installed high-voltage gas-insulated lines with an eco-efficient fluoronitrile based gas mixture. This…