FOSHAN, China, March 29 (Bernama-BUSINESS WIRE) — Midea Group: http://mrem.bernama.com/viewsm.php?idm=48278

KUALA LUMPUR, March 29 (Bernama) — The Sompo Welfare Foundation (The Foundation) presented a cheque amounting to RM22,500 to the Women’s Aid Organisation (WAO) Malaysia. This is the eleventh time Malaysia has received international grant support from the Sompo Welfare Foundation. Berjaya Sompo Insurance (Berjaya Sompo), the Malaysian operating entity and part…

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-” (Excellent) of Nan Shan General Insurance Co., Ltd. (Nan Shan General) (Taiwan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Nan Shan…

LABUAN, March 29 (Bernama) — Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for the Labuan International Business and Financial Centre (Labuan IBFC) has signed a Memorandum of Understanding (MoU) with Council of Rector of Indonesia State University (CRISU) which is responsible for providing and facilitating internship…

PUTRAJAYA, March 29 (Bernama) — The 14th edition of MyCSR programme named Ramadhan Rays of Care, drew to a close with a heartwarming initiative held at the National Cancer Institute by Malaysia Convention & Exhibition Bureau (MyCEB), an agency under the Ministry of Tourism, Arts and Culture Malaysia, marking a poignant…

SINGAPORE, March 29 (Bernama-GLOBE NEWSWIRE) — The World Smart City Awards, organized by the Smart City Expo World Congress, have been successfully held for 13 years and are acclaimed as the “Oscars” in the field of global smart city development. From 2010 to 2025, 440 emerging-market cities are poised to propel…

KAWASAKI, Japan, March 29 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has started volume shipments of the SmartMCD™ Series of gate driver[¹] ICs with embedded microcontroller (MCU). The first product, “TB9M003FG,” is suitable for sensorless control of three-phase brushless DC motors used in automotive applications, including water and oil pumps,…

FOSHAN, China, March 29 (Bernama-BUSINESS WIRE) — Midea Group, the world’s largest home appliance supplier, has reported impressive growth and record profits in its 2023 annual report. The company achieved a total revenue of RMB 373.7 billion, representing a year-on-year increase of 8.10%. Concurrently, the net profit attributable to shareholders reached…

LOS ANGELES & BOSTON, March 29 (Bernama-BUSINESS WIRE) — The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot to be acquired for $18.25 billion. The details of this sale were made public in press releases issued this morning by The Home…

ATLANTA, March 27 (Bernama-BUSINESS WIRE) — KNAV, an international accounting and advisory firm, is pleased to announce its merger of Natarajan & Swaminathan, a respected audit firm in Singapore. This merger marks a strategic step in KNAV’s plan to strengthen its local presence in operational countries and extend its reach in…