KUALA LUMPUR, March 23 (Bernama) — PETRONAS, through its CSR arm Yayasan PETRONAS, is contributing RM20 million worth of medical equipment and supplies to help hospitals and healthcare front-liners mitigate the spread of the COVID-19 pandemic in Malaysia. The contribution will be carried out in stages, in collaboration with the…

Affirms Top Priority to Support Courageous Medical PersonnelKUALA LUMPUR, March 23 (Bernama) —As a world-leading manufacturer and exporter of premium quality glove products, WRP Asia Pacific Sdn Bhd (WRP) furthered its contributions of medical-grade examination gloves for front line personnel by donating 500,000 DERMAGRIP® Nitrile Ultra L S to the Ministry…

TOKYO, March 23 (Bernama-AsiaNet) — The East Asia Region of Nippon Express Co., Ltd. has begun providing BCP solutions utilizing a full range of transport modes to cope with the various restrictions that have been imposed on logistics within China since the novel coronavirus outbreak began. Logo: https://kyodonewsprwire.jp/img/202003178120-O1-IfVk25Dv The spread of novel…

KUALA LUMPUR, March 23 (Bernama) — CIMB Group Holdings Berhad (“CIMB Group” or “CIMB” or the “Group”) would like to confirm that two of its employees, based in Jalan Dato’ Bandar Tunggal, Seremban branch, have tested positive for the COVID-19 virus. Both employees had recently returned from a personal trip…

SINGAPORE, March 23 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of The Oriental Insurance Company Limited (Oriental) (India). The outlook of these Credit Ratings (ratings) remains negative. Concurrently, AM Best has withdrawn these ratings as…

HANGZHOU, China, March 23 (Bernama-BUSINESS WIRE) — The Jack Ma Foundation and Alibaba Foundation today announced plans to donate much-needed medical supplies to 10 more countries in Asia to help the global fight against COVID-19. The governments of Afghanistan, Bangladesh, Cambodia, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan and Sri Lanka will…

HONG KONG, March 23 (Bernama-BUSINESS WIRE) — Despite the recent global equities rout, insurers in Japan remain financially stable to weather market volatility given their robust balance sheet fundamentals, according to an AM Best commentary. The new Best’s Commentary, titled, “Japanese Insurers Continue to Grapple With Global Market Volatility,” states that in AM Best’s…

SINGAPORE, March 23 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of C (Weak) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “ccc” of National Insurance Company Limited (National) (India). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings…

RALEIGH, N.C., March 23 (Bernama-GLOBE NEWSWIRE) — PRA Health Sciences announced today the commercial availability of the COVID-19 Monitoring Program, a mobile app-driven, tiered initiative that allows employers, payers, providers and health systems to track the health and wellbeing of individuals who may be asymptomatic, exposed or diagnosed with COVID-19…

KUALA LUMPUR, March 23 (Bernama) — The Life Insurance Association of Malaysia (LIAM) and its member companies are taking proactive steps in providing additional relief measures for policyholders who are impacted by the economic slowdown due to the COVID-19 pandemic in the country.  The following additional benefits are a few examples…