KUALA LUMPUR, Feb 27 (Bernama) — We are pleased to see the Malaysian Government’s focus on driving sustainable economic growth through Malaysia MADANI Budget 2023. As Malaysia’s economy continues to recover, the prudent, targeted and inclusive approach taken provides an optimal balance in helping the Rakyat and businesses alike to navigate…

SINGAPORE, Feb 27 (Bernama-BUSINESS WIRE) — Evercore (NYSE: EVR), the leading global independent investment banking advisory firm, was once again presented the “Best M&A Adviser in Singapore” award by The Asset magazine at its 2022 Triple A Country Awards ceremony held on February 23, 2023. The Asset’s Triple A Country Awards are Asia’s preeminent…

PETALING JAYA, Feb 24 (Bernama) — Malaysia’s Budget 2023 allocation, which has been revised upward to RM386.14 billion, was tabled by the Prime Minister and Finance Minister YAB Datuk Seri Anwar Ibrahim at 4.00pm today. According to Mr. Soh Lian Seng, Head of Tax at KPMG in Malaysia, the proposals…

SYDNEY, Feb 24 (Bernama-BUSINESS WIRE) — Western Union and Beforepay today announced a first-of-its-kind collaboration, allowing consumers to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending. Consumers can ‘Send Now, Pay Later’ by borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western Union’s digital channels.…

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Pacific International Insurance Pty Limited (Pacific) (Australia). The Credit Ratings (ratings) reflect Pacific’s balance sheet strength, which…

SINGAPORE, Feb 24 (Bernama-PRNewswire) — NILE (NFT Is Life Evolution), a DAO & NFT platform based on the WEMIX3.0 mainnet, has unveiled its first DAO lineup: WONDER DAO, ARTEUM DAO, DELTA DAO, and ORACLE DAO. Each DAO has its own community that works together to achieve common goals, like the WONDER DAO…

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of PVI Reinsurance Joint-Stock Corporation (PVI Re). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PVI Re’s balance sheet strength, which AM…

HONG KONG, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Shanghai Electric Insurance Limited (SEIL) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect SEIL’s balance sheet strength, which…

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of PVI Insurance Corporation (PVI Insurance). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.…

PETALING JAYA, Feb 23 (Bernama) — MJets Sersol Sdn. Bhd. would like to clarify that M Jets International Sdn. Bhd., which is reported by the media to be under investigation by the Malaysian Anti-Corruption Commission (MACC), is not the same entity. MJets Sersol Sdn. Bhd. also does not have any links…