AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company

HONG KONG, Feb 7 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Meiji Yasuda’s balance sheet…

Juniper Research: Operator 5G Revenue to Reach $625 Billion by 2027, as 6G Development Shows Promise

BASINGSTOKE, England, Feb 7 (Bernama-BUSINESS WIRE) — Juniper Research has revealed operators are forecast to generate $625 billion from 5G services globally by 2027; rising from $310 billion in 2023. The new report, Operator Revenue Strategies: Business Models, Emerging Technologies & Market Forecasts 2023-2027, predicts this growth of 100% over the next four…

SYNTAGMA CAPITAL Enters Into Exclusive Negotiations To Acquire Nexans’ Lan/data center (“LAN/DC”) And Telecom /Fibre (“FTTx”) Division.

BRUSSELS, Feb 7 (Bernama-BUSINESS WIRE) — Syntagma Capital today announces that it has entered into exclusive negotiations with Nexans SA to acquire its LAN/data center (“LAN/DC”) and Telecom /Fibre (“FTTx”) division. The business designs, manufactures, and distributes smart connectivity solutions based on optical fibre and copper technologies to data centers, smart…

Nikkiso Clean Energy & Industrial Gases Group Completes the Acquisition of Cryotec Anlagenbau GmbH, Wurzen, Germany

TEMECULA, Calif., Feb 7 (Bernama-GLOBE NEWSWIRE) — Nikkiso Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), and operating under Cryogenic Industries, Inc. (USA), completed the acquisition of Cryotec Anlagenbau GmbH (Cryotec), located in Wurzen, Saxony, Germany for an undisclosed amount. A global plant engineering…

AM Best Downgrades Issuer Credit Rating Of Fubon Insurance Co., Ltd.; Places Credit Ratings Under Review With Negative Implications

HONG KONG, Feb 7 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Fubon Insurance Co., Ltd. (Fubon Insurance) (Taiwan). Concurrently, AM Best has placed these Credit Ratings (ratings) under review…

FPT Featured On Globalive Media’s Technology Series “Beyond Innovation” On Bloomberg Television

HANOI, Vietnam, Feb 7 (Bernama-BUSINESS WIRE) — Vietnam’s leading technology group FPT participated in “Beyond Innovation” Season 3, the leading technology series airing on Bloomberg Television (Bloomberg TV). Hosted by Venture Capitalist Anthony Lacavera and Experienced Tech Journalist Michael Bancroft, the series discover new technologies and entrepreneurs transforming our lives for…

Labuan IBFC and SBF to Jointly Host Masterclass on Labuan International Business and Financial Centre

KUCHING, Feb 7 (Bernama) — Labuan International Business and Financial Centre Incorporated Sdn Bhd (Labuan IBFC Inc.) will be jointly holding a masterclass with the Sarawak Business Federation (SBF) on February 15, 2023. The full-day event, which will be held in Pullman Kuching, will serve as a platform for Sarawak…

AM Best Assigns Credit Ratings to ICICI Lombard General Insurance Company Limited

SINGAPORE, Feb 7 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect ICICI…

Boosting productivity is the long-term solution to fair wages and higher compensation of employees (CE)

PETALING JAYA, Feb 3 (Bernama) — Malaysia Productivity Corporation (MPC) is looking to introduce a wage system based on mutual wealth sharing between employers and employees. The wage system is expected to boost productivity and is regarded as the long-term solution to fair wages and higher compensation of employees (CE).  Higher CE…

Secret Bay Resort & Residences – An Approved Citizenship By Investment Property In Dominica, Announces New Amenities

Roseau, Feb 3 (Bernama-GLOBE NEWSWIRE) —New Amenities Include a Hillside Funicular, Garden-to-Fork Chef’s Table Experience, Elevated Decks, and Art Gallery. Secret Bay, one of Dominica’s approved Citizenship by Investment real estate options, announced it is now accepting guest reservations for its new Clifftop Multi-Villa Estates for stays beginning June 2023. …