AM Best Maintains Under Review With Developing Implications Status For Credit Ratings Of Hyundai Insurance (China) Co., Ltd.

HONG KONG, Sept 28 (Bernama-BUSINESS WIRE) — AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Hyundai Insurance (China) Co., Ltd. (HIC) (China). The Credit Ratings (ratings) reflect HIC’s balance sheet strength, which…

Yili And More Than 200 Business Leaders Pledge Support For Renewed Global Cooperation As The United Nations Turns 75

BEIJING, Sept 28 (Bernama-AsiaNet) — Companies from over 100 countries demonstrated their support for the Statement from Business Leaders for Renewed Global Cooperation presented to UN Secretary – General Antonio Guterres by Sanda Ojiambo, the CEO & Executive Director of the UN Global Compact on September 21, 2020 to mark…

Ikano Centres Introduces New Drive-thru Concept In Penang

McDonald’s highlights list of well-known F&B brands added to the growing IKEA Batu Kawan retail destination.PENANG, Malaysia, Sept 28 (Bernama-PRNewswire) — Building on the first phase opening in December last year, Ikano Centres, part of IKEA Southeast Asia, is excited to launch a new drive-thru concept next to IKEA Batu Kawan…

AM Best Affirms Credit Ratings of Taiping Reinsurance Company Limited and Its Subsidiary

HONG KONG, Sept 28 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Taiping Reinsurance Company Limited (TPRe) (Hong Kong) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd. (TPRe China) (China). The outlook of these Credit…

TIE 2020 Will Show a Path to a Smarter Future Forged by Taiwan’s Resilience

TAIPEI, Taiwan, Sept 28 (Bernama-BUSINESS WIRE) — The impacts of the recent COVID-19 pandemic on global trade and our daily lives have led to an acceleration of technological innovations in different sectors. At the same time, our society is transitioning from the era of Big Data towards Hyper Digitization. To help…

Dr Veerinderjeet Singh Elected As MIA President

KUALA LUMPUR, Sept 28 (Bernama) — The Malaysian Institute of Accountants (MIA) is pleased to announce the election of Dr Veerinderjeet Singh as the new MIA President at its recent Council Meeting. His appointment took effect from 26 September 2020. Dr Veerinderjeet succeeds Huang Shze Jiun, whose term ended on 26…

Bursa Malaysia Named Best Stock Exchange For Islamic Listings By Islamic Finance News

KUALA LUMPUR, Malaysia, Sept 28 (Bernama-PRNewswire) — Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has been named ‘Best Stock Exchange for Islamic Listings’ by Islamic Finance News (“IFN”) at the recent 14th Annual IFN Services Providers Poll. This is the second consecutive year Bursa Malaysia emerged as the winner for this category,…

PETRONAS Dagangan Berhad Becomes The First LNG Solution Provider For off-grid Customers in Peninsular Malaysia

KUALA LUMPUR, Sept 25 (Bernama) — Following the launch of the Virtual Pipeline System (VPS) solution via the Regasification Terminal (RGT) in Pengerang, Johor, PETRONAS Dagangan Berhad (PDB) now becomes the first LNG (Liquified Natural Gas) solution provider using road trucks for off-grid customers in Peninsular Malaysia.Through the VPS solution, PDB…

PETRONAS and Tata Consultancy Services Build Leaders of Tomorrow Through Social Enterprise Education Lab

KUALA LUMPUR, Sept 25 (Bernama) — Social Enterprise Education Lab (SEEd.Lab), a programme developed by Petroliam Nasional Berhad (PETRONAS) and Tata Consultancy Services (TCS), marked its first Open House on Wednesday, 23 September to showcase the journey of the teams in the first cohort. Dedicated to addressing youth unemployment whilst leaving…

NUVIA Raises $240M Series B Funding as it Accelerates Plans to Deliver Industry Leading CPU Performance to the Data Center

Series B Investment Round to Provide Runway to First Silicon for Orion SoCSANTA CLARA, Calif., Sept 25 (Bernama-GLOBE NEWSWIRE) — NUVIA, a leading-edge silicon design company, today announced the close of its Series B funding round, raising $240M. The funding round was led by Mithril Capital in partnership with Sehat Sutardja…