HONG KONG, March 29 (Bernama-BUSINESS WIRE) –AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of LIG Insurance (China) Co Ltd (LIG China) (China). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect LIG China’s balance sheet strength, which…

CYBERJAYA, March 28 (Bernama) — The Communications and Multimedia Consumer Forum of Malaysia (CFM) has been one of the complaints channels for 18 years for consumers to report their problems in the communications and multimedia services. For 2018, CFM received 6,330 complaints which recorded 33% increase compared to the total number of complaints…

KUALA LUMPUR, March 28 (Bernama) — PETRONAS continues to enhance its education and communication activities to promote integrity with another round of Corporate Integrity Advocacy Programme (CIAP) for its top management.The CIAP 2019 event, with the theme on “Corporate Liability – A Change in Corporate Integrity Landscape” will address the change in…

KUALA LUMPUR, March 28 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) has announced its commitment to disburse at least RM15 billion in the next two years to help finance 100,000 small and medium-sized enterprises (“SMEs”) in Malaysia. The Bank will focus on helping SMEs have easier access to loans…

WIESBADEN, Germany & PENANG, Malaysia, March 28 (Bernama-BUSINESS WIRE) — The ceremonial opening of the new VITRONIC subsidiary takes place on March 28 in Penang, Malaysia. Partner companies, customers and top management are in attendance. Martin Weiss, director of the subsidiary, explains, “With over 35% of the global GDP, Asia Pacific…

KUALA LUMPUR, March 28 (Bernama) — Unlocking greater productivity within Malaysia’s industrial sectors is one of the national strategies to drive continuous economic growth and expansion. The electrical and electronics (E&E) industry in particular, has the makings to further boost the national economy.According to the 2018 Malaysian American Electronics Industry (MAEI)…

TOKYO, March 28 (Bernama-BUSINESS WIRE) —smartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for the Sell and Buy sides, has been selected by Mizuho Bank Japan to deliver their next generation e-FX platform. Mizuho required a proven end-to-end FX trading solution to strengthen their leading position via the addition…

PETALING JAYA, March 28 (Bernama) — MPIRE JAC SDN BHD, a subsidiary of Mpire Auto, is the new sole distributor of JAC light commercial vehicles in Malaysia.JAC was founded in 1964 in Hefei, China. In 2017, JAC Brand Value ranks No.6 among overall China brand (Brand Finance). JAC is manufacturing all…

TOKYO, March 28 (Bernama-BUSINESS WIRE) — ESG investment has been implicitly and unsystematically undertaken among the ASEAN firms but it is promising, according to a study on the ESG Investment in the ASEAN region released by the ASEAN-Japan Centre (AJC). Environmental, social, and governance (ESG) investment has gained momentum around the…

TOKYO, March 28 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) today announced the launch of a sensorless control pre-driver IC “TB9062FNG” for brushless DC motors (BLDC motors) used in automotive applications, including electric pumps. Samples are available now, with mass production scheduled for December this year. http://mrem.bernama.com/viewsm.php?idm=34162