Malaysia OGSE100: Some Green Shoots But Not Out of the Woods

KUALA LUMPUR, Dec 15 (Bernama) — The 2015-2016 oil and gas industry downturn triggered cuts in activity and asset impairment in Malaysia’s oil and gas services and equipment (OGSE) industry in recent years. But, financial data on the top 100 privately held and public-listed OGSE companies saw losses tapering off…

SmartStream Reveals New Brand Identity Reflecting Company’s Mission To Spearhead Technological Innovation

LONDON, Dec 15 (Bernama-BUSINESS WIRE) — SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its new corporate brand identity, including an updated logo and website. The rebranding reflects the company’s constantly expanding use of innovation to advance its technological capabilities, as well as to…

ShopeePay Goes Live With DuitNow QR

KUALA LUMPUR, Dec 15 (Bernama) — ShopeePay has gone live with DuitNow QR, after it became the first e-commerce platform mobile wallet to enable DuitNow QR, Malaysia’s National QR standard operated by Payments Network Malaysia (PayNet). ShopeePay has joined a growing DuitNow ecosystem, currently comprising 14 banks, namely Alliance Bank Malaysia…

LDRA To Host The First Virtual Embedded Safety & Security Summit (ESSS) In June 2021

BENGALURU, India, Dec 15 (Bernama-BUSINESS WIRE) — LDRA, in collaboration with industry partners and associations, today announced the inaugural virtual edition of the sixth-annual Embedded Safety & Security Summit to be held on June 17, 2021. This international summit is an initiative that sheds light on the growing significance of implementing…

Flair Airlines Announces Garth Lund as Chief Commercial Officer

EDMONTON, Alberta, Dec 15 (Bernama-GLOBE NEWSWIRE) — Flair Airlines announces the appointment of Mr. Garth Lund as Chief Commercial Officer. A world-class Ultra Low-Cost Carrier (ULCC) executive, Mr. Lund will join Flair from Europe’s highest-performing airline, Wizz Air. At Wizz Air, Mr. Lund was most recently the Head of Financial…

Lithium Werks Achieves IATF 16949 And Renews ISO 9001

AUSTIN, Texas and ENSCHEDE, The Netherlands, Dec 15 (Bernama-GLOBE NEWSWIRE) — Lithium Werks is pleased to announce that it has renewed its long-standing ISO 9001 certification, now valid through late 2023, and upgraded the prior TS 16949:2009 Automotive Quality Certification to the new IATF 16949:2016 certification, registered with BSI (British Standards…

MDV’s Commentary on the Announcement by Penjana Kapital on the Dana Penjana Nasional Programme

KUALA LUMPUR, Dec 15 (Bernama) — Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) [MOF Inc] and dedicated technology financier, applauds the recent announcement by Penjana Kapital on the selection of eight (8) Venture Capital (VC) fund managers that will invest in Malaysian start-ups as…

Malaysia Among Global Leaders In Sustainability Reporting, Finds KPMG Survey

PETALING JAYA, Dec 15 (Bernama) — KPMG International’s Survey of Sustainability Reporting 2020 found 80% of the world’s 250 largest companies now report on sustainability, while sustainability reporting in Asia Pacific has grown by 6 percentage points since 2017 to 84%.Malaysia is seen to be among the global leaders driving the trend…

Interactive Brokers Group Establishes Central European Office

Interactive Brokers Central Europe to Serve Investors and Wealth Managers in Rapidly Growing Region GREENWICH, Conn., Dec 15 (Bernama-BUSINESS WIRE) — Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announced the creation of Interactive Brokers Central Europe Zrt., (IBCE) and the opening of an office in Budapest. With the addition of…

AM Best Assigns Credit Ratings to Mandal Daatgal JSC

HONG KONG, Dec 15 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” to Mandal Daatgal JSC (Mandal) (Mongolia). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Mandal’s balance sheet strength, which…