KUALA LUMPUR, Oct 14 (Bernama) — Petroliam Nasional Berhad (PETRONAS), through its subsidiary, PETRONAS LNG Ltd (PLL), recently completed its third successful delivery of liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer to two buyers.This LNG break-bulking STS transfer which took place in Brunei Bay, Sabah, is…

HONG KONG, Oct 14 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Construction Guarantee Cooperative (CG) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CG’s balance sheet strength, which AM Best…

HONG KONG, Oct 14 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Construction Guarantee Cooperative (CG) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CG’s balance sheet strength, which AM Best…

KUALA LUMPUR, Oct 14 (Bernama) — It is a great honour for me as the Minister of International Trade and Industry to be here at the tabling of Budget 2020, themed “Driving Growth and Equitable Outcomes Towards Shared Prosperity.” We take note that the IMF in July 2019 projected world growth…

SINGAPORE, Oct 14 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of C- (Weak) and the Long-Term Issuer Credit Rating of “cc” of Capital Life Insurance Company Limited (CLI) (Papua New Guinea). The ratings reflect CLI’s balance sheet strength,…

TIANJIN, China, Oct 14 (Bernama-AsiaNet) — Tianjin Binhai New Area’s sound regional supporting facilities and superior investment service environment have attracted a large number of foreign-funded enterprises to settle down and develop. PPG Coatings (Tianjin) Co., Ltd. settled down in Tianjin Economic-Technological Development Area (TEDA) in 1994, and has gradually…

KUALA LUMPUR, Oct 11 (Bernama) — OVERALL PERCEPTIONBudget 2020 is clearly designed to grow the Malaysian economy sustainably and to future-proof key stakeholders for the digital revolution and developments.ADVOCATING DIGITAL TRANSFORMATIONBudget 2020’s measures to accelerate the digital economy are timely and aligned with MIA’s aspiration for its members to play a…

SAN JOSE, Calif., Oct 11 (Bernama-GLOBE NEWSWIRE) —Megazone Cloud, one of the largest AWS partners in the Asia Pacific region, today announced it had signed a joint venture agreement with LG CNS, a subsidiary of LG Corporation that specializes in information technology (IT) and headquartered in Korea, to help companies…

LONDON, Oct 11 (Bernama-GLOBE NEWSWIRE) — Informa Pharma Intelligence today announces Citeline Engage, a new solution allowing contract research organizations (CROs) and sponsors to optimize site selection and increase trial efficiencies to accelerate clinical trial timelines and enable a faster path to market for drugs. Citeline Engage is a first-to-market solution designed…

SHAH ALAM, Oct 11 (Bernama) — Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor” or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) expects to enhance its profitability on an enlarged earnings base with the recent acquisition of Taspack Industrial Sdn Bhd (“Taspack” or “the Company”). Taspack is involved in an…