PETRONAS Announces Q1 FY2020 Earnings; Implementing Measures to Remain Resilient Amid Uncertain Economic and Industry Outlook

KUALA LUMPUR, May 22 (Bernama) — PETRONAS today announced its financial results for the first quarter ended 31 March 2020, amid challenging market conditions and plummeting oil prices, coupled with shrinking global oil demand due to the COVID-19 pandemic and the risk of ongoing economic uncertainty. As the industry outlook…

Nippon Express (UK) Receives WDA And GDP Certification for Company Warehouse near London Heathrow Airport

TOKYO, May 22(Bernama-AsiaNet) —Nippon Express (UK) Co., Ltd. (hereinafter, “NEUK”), a local subsidiary of Nippon Express Co., Ltd. based in Tokyo, has been officially granted Wholesale Distribution Authorisation (WDA) and Good Distribution Practice (GDP) certification for its warehouse near London Heathrow Airport, both effective Wednesday, April 15, in recognition of…

Censof subsidiary, ABSS partners with DBS Hong Kong to help SMEs manage their finances

KUALA LUMPUR, May 22 (Bernama) — Asian Business Software Solutions Pte Ltd (“ABSS”), a 58%-owned subsidiary of Censof Holdings Berhad (“Censof”) has entered into a partnership with DBS Hong Kong. Under this partnership, SME clients of DBS Hong Kong will be provided with Financio, an all-in-one cloud based accounting software…

Hytera Multi-mode Advanced Radios with RoIP Solution Enhance Public Safety Response

SHENZHEN, China, May 22  (Bernama-BUSINESS WIRE) — Hytera multi-mode advanced radios with RoIP solution provide public safety personnel with a vital tool to help them carry out their jobs more efficiently. Hytera RoIP solution based on the convergent broadband and narrowband platform delivers both multi-network roaming and fast broadband services, such…

Amazon Announces Five New Utility-scale Solar Projects To Power Global Operations In China, Australia, And The U.S.

SEATTLE, May 21 (Bernama-BUSINESS WIRE) — Today, Amazon (NASDAQ: AMZN) announced five new renewable energy projects in China, Australia and the U.S. that further support Amazon’s commitment to reach 80% renewable energy by 2024 and 100% renewable energy by 2030 (and potentially as early as 2025), as well as to reach…

CIMB Foundation brings festive cheer to underprivileged groups

KUALA LUMPUR, May 21 (Bernama) — CIMB Foundation (“the Foundation”) spread some festive cheer this week by visiting Pusat Jagaan Husna Arrashid, a home for the elderly in Kuala Lumpur, and two homes for orphans and underprivileged children, namely Pertubuhan Kanak-Kanak Insan Istimewa Cemerlang and Rumah Amal Limpahan Kasih located…

SEGi Introduces Zero Payment Study Option

KOTA DAMANSARA, May 21 (Bernama) — Many education aspects have remained uncertain since the Movement Control Order (MCO) came into effect in Malaysia in mid-March, including students’ higher education progress, decisions about the right education pathways and concerns about course fees. To ease families’ financial burdens and keep the higher studies…

2Africa: A Transformative Subsea Cable For Future Internet Connectivity In Africa Announced By Global And African Partners

HONG KONG, May 21 (Bernama-BUSINESS WIRE) — China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC announced today that they will partner to build 2Africa, which will be the most comprehensive subsea cable to serve the African continent and Middle East region, and also connects via east…

Best’s Market Segment Report: AM Best Maintains India Non-life Insurance Market Outlook At Negative

SINGAPORE, May 21 (Bernama-BUSINESS WIRE) — AM Best is maintaining a negative market segment outlook on India’s non-life insurance sector. Key factors underpinning the outlook include the sector’s strong competition, poor pricing discipline in core business lines, reliance on investment activities for profitability and the economic fallout from the COVID-19 pandemic. A…

Social Commerce Sales Expected to Double by 2024 in Asia Pacific

SINGAPORE, May 21 (Bernama-BUSINESS WIRE) — Last mile delivery and social commerce are expected to revolutionise consumers’ interactions with brands in Asia Pacific (APAC) in 2020, according to global market research company Euromonitor International. In its new whitepaper “Top 100 Retailers in Asia 2020” Euromonitor looks at how the APAC…