SINGAPORE, Oct 9 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Beneficial Insurance Limited (BIL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BIL’s balance sheet strength, which AM Best categorises…

KUALA LUMPUR, Oct 9 (Bernama) — UMW Holdings Berhad (“UMW”) announced the appointment of Dato’ Ahmad Fuaad Kenali as its new President & Group CEO (“PGCEO”) effective 1 November 2020.  He takes over the role from the late Badrul Feisal Abdul Rahim who passed away on 31 May 2020.Dato’ Fuaad began…

KUALA LUMPUR, Oct 8 (Bernama) — In line with the Government’s commitment to further cement the country’s position as a preferred destination for FDIs, the Government has decided to establish a One-Stop-Centre (OSC) at the Malaysian Investment Development Authority (MIDA). The OSC will evaluate and approve applications by eligible business travellers…

SUWANEE, Ga., Oct 8 (Bernama-BUSINESS WIRE) — Meggitt Training Systems (the “Company”), the global leader in integrated live-fire and virtual weapons training solutions for military and law enforcement clients, today announced its new name, InVeris Training Solutions, effective immediately. “InVeris” connotes insight and truth. The rebranding reflects the Company’s pride in…

TOKYO, Oct 8 (Bernama-AsiaNet) — Nippon Express USA, Inc. (hereinafter “NE USA”), a subsidiary of Nippon Express Co., Ltd., held a groundbreaking ceremony on Friday, August 14, to mark the start of construction work on a new warehouse in Wood Dale, Illinois. The warehouse is scheduled to start operations in January…

TOKYO, Oct 8 (Bernama-BUSINESS WIRE) —  JCB Co., Ltd., Japan’s only international payment brand, and NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO: 9432), announced today that they will conduct a demonstration test for JCB Mobile Wallet (tentative name), a one-of-a-kind…

HANGZHOU, China, Oct 8 (Bernama) — The 16th China International Cartoon & Animation Festival (CICAF) was held in Hangzhou, capital city of southeast China’s Zhejiang Province from September 29 to October 4. A total of 2,680 Chinese and foreign enterprises and institutions from 65 countries and regions around the world participated…

KUALA LUMPUR, Malaysia, Oct 8 (Bernama-PRNewswire) — To address the growing number of COVID-19 cases throughout Malaysia, the rising health concerns amongst Malaysians and particularly in Sabah, DoctorOnCall has updated services on its platform. For patients in Sabah, DoctorOnCall has commenced once again, its COVID-19 virtual health advisory portal. This…

HONG KONG, Oct 8 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Construction Guarantee Cooperative (CG) (South Korea). The outlook of these Credit Ratings (ratings) is stable. These ratings reflect CG’s balance sheet strength, which AM Best…

SINGAPORE, Oct 8 (Bernama) — The Ascott Limited, one of the world’s leading lodging owner-operators, has completed its migration to a cloud enterprise property management system provided by RMS Cloud. As part of Ascott’s digitalisation efforts, it has moved from separate self-hosted property management systems to a cloud enterprise solution that will enable…