SEOUL, South Korea, Nov 9 (Bernama-BUSINESS WIRE) — Korea BRANDSTARS selected the 2020 Representative Brands of Korean Wave by category to be concurrently announced in China and Korea. This event to select and announce a list of brands that represent Korean Wave through major media outlets in China and Asia is…

KUALA LUMPUR, Nov 9 (Bernama) — The Malaysian Government’s 2021 National Budget is one that is reflective of the need for mitigatory measures to manage the continued impact of the COVID-19 pandemic. What is crucial about this Budget is that it is focused and targeted, instead of broad-based. The call for…

Quote: Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer, CIMB Group KUALA LUMPUR, Nov 9 (Bernama) — As Malaysia navigates the impact of COVID-19, we are pleased to see the government’s firm commitment on an expansionary stimulus for 2021, continuing the fiscal injections made in 2020. The government spending today is…

PETALING JAYA, Nov 6 (Bernama) — The Honorable Finance Minister’s maiden Budget speech bearing the theme “In our strength lies our collective victory” (Teguh Kita, Menang Bersama) is notable as it remains a bold and expansionary one despite the expectation that Malaysia’s economy will contract by as much as 4.5% this year. Critical…

· Quarterly Revenue of $728.1 million· Quarterly GAAP Operating Income of $101.1 million· Quarterly Non-GAAP Operating Income of $138.9 million· Quarterly GAAP EPS of $0.38· Quarterly Non-GAAP EPS of $0.84· September 30, 2020 net debt leverage ratio was 1.3x, reduced from 3.8x at June 30, 2020¹ PITTSBURGH, Nov 6 (Bernama-GLOBE NEWSWIRE) — II-VI Incorporated (Nasdaq:IIVI) (“II-VI,” “We”…

SINGAPORE, Nov 6 (Bernama-BUSINESS WIRE) — AM Best has placed under review with negative implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Lifetime Income Limited (LIL) (New Zealand). This Credit Rating (rating) action follows recent regulatory licence conditions imposed on the company by…

“Best Bank for Investment Solutions, Equity” “Best Structured Investment and Financing Solutions, Financing” HONG KONG, Nov 6 (Bernama-BUSINESS WIRE) — Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, the “Company” or “Group”, stock code: 1788.HK) is pleased to announce that the Company has won two awards, namely “Best Bank for Investment…

SINGAPORE, Nov 6 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Singapore Reinsurance Corporation Limited (Singapore Re) (Singapore). The ratings reflect Singapore Re’s balance sheet strength, which…

KUALA LUMPUR, Nov 5 (Bernama) — Muhtar Suhaili, 39, has been appointed as the new Chief Executive Officer (CEO) of the Malaysian Timber Council (MTC) effective 1 November 2020. Muhtar, who has a Master’s degree in Petroleum Technology from Curtin University of Technology, Australia, and a Bachelor’s degree in Mechatronics Engineering…