Best’s Market Segment Report: Asia-Pacific Reinsurers Need to Revisit Strategic Approach in Problematic COVID-19 Era

SINGAPORE, Sept 15 (Bernama-BUSINESS WIRE) — The challenges fromCOVID-19 continue to evolve for the Asia-Pacific reinsurance sector, with the related macroeconomic and investment impacts pressuring profitability, according to a new report from AM Best. In its new Best’s Market Segment Report, “Global Reinsurers Maintain Equilibrium Through COVID-19 Turbulence,” AM Best notes that the…

Mary Kay Named Among Top Brands in the Purpose Power Index™

The study, conducted by Reputation Institute and StrawberryFrog, measured how consumers really think and feel about brand purpose DALLAS, Sept 15 (Bernama-BUSINESS WIRE) — The Purpose Power Index™, a study on how consumers really think and feel about brand purpose conducted by Reputation Institute and StrawberryFrog, has named Mary Kay among the…

Lithium Werks, B.V., Announces The Formation Of A New Specialty High-Performance Business Unit That Will Collaborate With Leading Global Sports Car Manufacturers For Their Electrification Of Their Fleet And To Supply Them With The World’s Fastest And Most Powerful Lithium Batteries

AUSTIN, Texas and ENSCHEDE, The Netherlands, Sept 15 (Bernama-GLOBE NEWSWIRE) — Lithium Werks, leveraging their premier intellectual property portfolio of Lithium Iron Phosphate, featuring its MIT developed Nanophosphate® cathode material and other new high voltage materials, and over a decade of developing world-class coating expertise and patented cell designs, the…

UDA Forges Strategic Cooperation With Maybank Islamic

PENANG, Sept 14 (Bernama) — UDA Holdings Berhad (UDA) a sustainable and competitive real estate developer company in Malaysia is taking proactive steps by establishing a strategic partnership with Maybank Islamic to provide innovative financing methods – HouzKEY. This effort is in line with UDA’s commitment to maintain its focus on customer-oriented…

MFPC’s Shariah RFP is Recognized as Best Islamic Wealth Management Qualification

KUALA LUMPUR, Sept 14 (Bernama) — Malaysian Financial Planning Council (MFPC) is honoured to once again receive the prestigious award from the Global Islamic Finance Awards (GIFA), as Best Islamic Wealth Management Qualification 2020 for the Shariah Registered Financial Planner (RFP) Programme. The 10th GIFA Awards Ceremony was held in Islamabad,…

Toshiba Launches Photorelays In New Package For High-Density Mounting

TOKYO, Sept 14 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched three photorelays, TLP3480, TLP3481 and TLP3482 in P-SON4, a new package with a significantly smaller mounting area than Toshiba’s SOP packages. Shipments start today. All of the new photorelays have an OFF-state output terminal voltage rating and ON-state current rating comparable with…

PCG And PCC Ink Deal To Jointly Produce Specialty Chemicals

KUALA LUMPUR, Sept 14 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) recently entered into a Shares Sale and Purchase Agreement (SSPA) with PCC SE to acquire 50% of the latter’s shares in its Malaysian subsidiary, PCC Oxyalkylates Malaysia Sdn Bhd (PCC-OM), marking its entry into the growing oxyalkylates market. Oxyalkylates are…

Kill Zudy, The Leader In Rapid Digital Transformation, Announces Asian Expansion

SINGAPORE, Sept 14 (Bernama-BUSINESS WIRE) — Zudy requests that their press release NewsItemId: 0200910006047:issued September 10, 2020“Zudy, the Leader in Rapid Digital Transformation, Announces Asian Expansion” be killed. The release was issued in error by Zudy. http://mrem.bernama.com/viewsm.php?idm=38120

AM Best Affirms Credit Ratings of BIDV Insurance Corporation

SINGAPORE, Sept 14 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of BIDV Insurance Corporation (BIC) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BIC’s balance sheet strength, which AM Best…

The 15th Yulin International Coal and High-end Energy Chemical Industry Expo held in Yulin, China

YULIN, China, Sept 11 (Bernama-AsiaNet) — On September 8-10, the 15th Yulin International Coal and High-end Energy Chemical Industry Expo, with a focus on Environmental Friendliness, Intelligence, Integration and Sharing, was held in Yulin, a pivotal energy city in Northwest China The exhibition was jointly organized by the CPC Yulin Municipal…