Bank Muamalat Malaysia Berhad appoints Encik Khairul Kamarudin as its new CEO

KUALA LUMPUR, Oct 21 (Bernama) — Bank Muamalat Malaysia Berhad wishes to announce the appointment of Encik Khairul Bin Kamarudin as its new Chief Executive Officer, effective 1st November 2019 to replace Dato’ Haji Mohd Redza Shah Abdul Wahid who is retiring.Encik Khairul has been the Deputy Chief Executive Officer (DCEO) of Bank…

Official Opening of UNITED CAPS Manufacturing Plant in Malaysia Positions Company as a Global Player with Continuing Growth

WILTZ, Luxembourg, Oct 21 (Bernama) — UNITED CAPS, an international manufacturer of caps and closures, today reported that it held a formal grand opening for its new manufacturing plant located in Kulim, Malaysia. This plant positions UNITED CAPS as a global player with continuing growth, opening new opportunities in the…

CIMB Joins 29 Business Titans In UN’S Push To Scale Up Private Sector Investment For Sustainable Development

KUALA LUMPUR, Oct 21 (Bernama) — CIMB Group (“CIMB” or “the Group”), together with 29 other global business titans [complete list to be included with the press release(http://mrem.bernama.com/pdf/191016%20Launch%20of%20GISD%20-%20fact%20sheet.pdf)], have pledged to collaborate over the next two years to fulfil the objectives of the Global Investors for Sustainable Development (GISD) Alliance. The…

IJM Land opens RM 5 million Central Park in Shah Alam 2

BANDAR PUNCAK ALAM, Malaysia, Oct 18 (Bernama-PRNewswire) — Residents of the thriving Shah Alam 2 township can now embrace a healthier lifestyle. Nestled amongst a green and refreshing environment, IJM Land’s Alam Suria is a meticulously designed residential project combining the star attractions of living amidst a rejuvenating green atmosphere, being a…

IWFCIM & IBVM – Championing Efforts To Incorporate Sustainable Business Practices Among Entrepreneurs And Promoting Blockchain Tech For Supply Chains

KUALA LUMPUR, Malaysia, Oct 18 (Bernama-PRNewswire) — International Women’s Federation of Commerce and Industry Malaysia (IWFCIM) and Infinity Blockchain Ventures (IBV) has jointly organised the Blockchain and Fashion (BCF): Growing Local Industry Through Sustainable Fashion at the Black Box, Publika on October 15th, 2019 in conjunction with the Malaysia Fashion Week.…

PETRONAS Provides Access To Energy Supply Via Its New LNG Trucking Business

PENGERANG, Johor, Oct 18 (Bernama) — PETRONAS announced its latest offering in supplying Liquefied Natural Gas (LNG) to off-grid customers in the Peninsular Malaysia with the launch of PETRONAS’ LNG trucking business, which is scheduled to operate in the second half of 2020. A ground-breaking ceremony to commemorate the LNG truck…

Taconic Biosciences Announces New Scientific Advisory Board Member

RENSSELAER, N.Y., Oct 18 (Bernama-GLOBE NEWSWIRE) — Taconic Biosciences, a global leader in providing drug discovery animal model solutions, announces the addition of Frank Sistare, PhD to its Scientific Advisory Board (SAB).  Dr. Sistare joins existing SAB members Andrew Goodman, PhD, David Hill, PhD, and Robert Rosenthal, PhD.  The SAB will…

Best’s Commentary: Typhoons Faxai, Hagibis, Not Likely To Materially Impact Japanese Non-Life Insurers’ Capitalization

HONG KONG, Oct 18 (Bernama-BUSINESS WIRE)– The recent mega-typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due to their appropriate catastrophe risk management and strong capitalization levels, according to a new AM Best commentary. In a new Best’s Commentary, titled, “Typhoons Faxai and Hagibis Unlikely…

Future Singaporeans Demand No Plastic While Over 50% Trusting in “Recyclable ” Product Labels In 2019

SINGAPORE, Oct 18 (Bernama-BUSINESS WIRE) — Over 50% and 37% of Singaporeans trust in “recyclable” and “sustainably produced” product labels, respectively according to the 2019 Lifestyles Survey from global market research company Euromonitor International. Euromonitor will share insights on how technological developments and sustainable lifestyles will change businesses at its first…

Global Headwinds Cost North American Companies $21 Billion in FX Losses in Latest Quarter According to New Kyriba Report

SAN DIEGO, Oct 18 (Bernama-BUSINESS WIRE) — Global currency swings were responsible for deep cuts into the revenues of U.S.-listed multinational corporations, costing them more than $21 billion in the past quarter, according to the new Kyriba Currency Impact Report (CIR), a comprehensive report that details the impact of foreign exchange (FX) among…