HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has commented that 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) remain unchanged in view of the negative impact from pandemic insurance claims on…

HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Meritz Fire & Marine Insurance Co., Ltd. (Meritz) (South Korea). The outlook of these Credit Ratings (ratings) has…

HONG KONG, Dec 5 (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 NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NH…

TOKYO, Dec 5 (Bernama-BUSINESS WIRE) — 3D Investment Partners Pte. Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together, “3D,” “we,” “us” or “our”), the largest shareholder of Fuji Soft Incorporated (“Fuji Soft” or the “Company”), today sent a letter to the newly elected members of Fuji Soft’s Board of…

HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Financial Strength Rating to B++ (Good) from A (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a” (Excellent) of Hotai Insurance Co., Ltd. (Hotai Insurance) (Taiwan). Concurrently, the under review status of these Credit Ratings (ratings) has…

KUALA LUMPUR, Dec 5 (Bernama) — NanoMalaysia Berhad (NMB), Malaysia’s leading agency in nanotechnology and advanced solutions commercialisation, has introduced the Biomass Innovation Circular Economy Programme (BICEP) — an initiative towards sustainable agriculture by promoting the use of biomass waste materials from agricultural sources to produce high-quality advanced materials and products…

VIENNA, Dec 2 (Bernama-BUSINESS WIRE) — Huawei called on the ICT industry players to create a level playing field for all people, not just their own employees in its first White Paper on Approaches to Fairness, Equity & Opportunity at their Women in Tech event held at the Peter Drucker Forum. …

YUCHENG, China, Dec 2 (Bernama-AsiaNet) — Yucheng, named after Yu the Great who succeeded in flood taming, is the birthplace of Chinese farming civilization and one of China’s 100 millennia-old ancient counties. Steeped in history, the four-thousand-plus-year old city of Yucheng is home to countless local myths and tales of…

KUALA LUMPUR, Dec 2 (Bernama) — PETRONAS has launched its inaugural Race2Decarbonise hackathon, a global platform to crowdsource decarbonisation solutions that can accelerate its Net Zero Carbon Emissions by 2050 (NZCE 2050) pathway, leveraging public-private collaboration and cross-industry partnerships. Race2Decarbonise invites individuals and organisations worldwide to submit ideas that can…

KUALA LUMPUR, Dec 2 (Bernama) —  PETRONAS Dagangan Berhad (PDB) recently launched its first electric vehicle (EV) charging hub at PETRONAS Station Bandar Baru Ayer Hitam along the North-South Expressway (NSE), marking the completion of key milestones under its collaboration with Mercedes-Benz Malaysia Sdn Bhd and EV Connection Sdn Bhd which…