HONG KONG, Dec 4 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Qianhai Reinsurance Co., Ltd. (QHR) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect QHR’s balance sheet strength, which AM Best…

HONG KONG, Dec 4 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NH P&C’s…

SINGAPORE, Dec 4 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Labuan Reinsurance (L) Ltd (Labuan Re) (Malaysia). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect Labuan Re’s balance sheet…

KUALA LUMPUR, Dec 4 (Bernama) — The Labuan Financial Services Authority (Labuan FSA) has officially approved and issued the Digital Banking Finance License to Asia Digital Bank (AsiaDB). So far this is the first Digital Banking (Investment Bank) License issued by Labuan FSA. AsiaDB will now strive to establish its…

SINGAPORE, Dec 4 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Bao Minh Insurance Corporation (BMI) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BMI’s balance sheet strength, which AM Best categorises…

CYBERJAYA, Dec 4 (Bernama) — The Communications and Multimedia Consumer Forum of Malaysia (CFM) yesterday held its 19th Annual General Meeting (AGM) attended by 39 members comprising of Consumers and Associate Members (individuals) representing the demand side, as well as the Service Providers from the supply side. This meeting was held virtually…

PUTRAJAYA, Dec 3 (Bernama) — Agrobank today contributed RM1 million of its zakat fund to ‘Tabung COVID-19’, Ministry of Health Malaysia (MOH), a donation fund which will be used for the purchase of medical equipment, medicines, reagents, disposable items and other medical necessities. A Zakat Contribution Presentation Ceremony was held today…

KUALA LUMPUR, Dec 3 (Bernama) — AmBank is pleased to announce the selection of the Top 100 SMEs in the AmBank BizRACE season 3 which have made it through the Digitalisation track. The third season of the competition was launched in July and the finalists were gathered for a virtual…

KUALA LUMPUR, Dec 3 (Bernama) — The Malaysian Investment Development Authority (MIDA), Korean SMEs and Startups Agency (KOSME), together with the Korea Desk, a dedicated unit jointly set up by MIDA and KOSME successfully held a ‘Korea-Malaysia Technology Matching Session’ from 30 November 2020 to 2 December 2020. This virtual business…

KUALA LUMPUR, Dec 3 (Bernama) — The project management fraternity from various industries have been urged to adopt an agile project management approach by enhancing digital capabilities and exploring new ways to create value beyond the delivery of projects, as the world embraces the new norm of project delivery. These…