MREM Press Releases

MAG Partners Announces Construction Financing for 480-Unit Affordable New York Development in Chelsea

New York, NY, Oct 23 (Bernama-GLOBE NEWSWIRE) — MAG Partners today announced that it has secured a $173 million construction loan from Madison Realty Capital that will allow work to commence next month on a 479-unit rental residential building at 241 W. 28th Street in Chelsea. The project will be

Bank Muamalat Continues To Offer Targeted Payment Assistance

KUALA LUMPUR, Oct 23 (Bernama) — Bank Muamalat Malaysia Berhad (Bank Muamalat) wishes to reassure its customers that the targeted payment assistance will continue to be made available for customers who are facing financial difficulties due to the prolonged COVID-19 pandemic in the country.  Bank Muamalat reiterated that it is committed

Leading Cloud Services Provider Program Partners Embrace SAP HANA Integration With HYCU For Google Cloud

BOSTON, Oct 23 (Bernama-GLOBE NEWSWIRE) — HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery, today announced leading Cloud Services Providers (CSPs) globally are first to deploy HYCU’s latest innovation and enhanced support for SAP HANA (See related release, “HYCU Delivers New SAP HANA Data Protection as

CIMB Continues To Offer Repayment Assistance To Customers

The Bank has approved close to 100% of the repayment assistance applications from individuals and SME customers as part of its commitment to help affected customers recover from the impact of COVID-19. KUALA LUMPUR, Oct 23 (Bernama) — CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”)

HYCU Delivers New SAP HANA Data Protection as a Service Solutions for Google Cloud

BOSTON, Oct 23 (Bernama-GLOBE NEWSWIRE) —HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery, today announced 600% year-on-year growth for its award-winning backup and recovery service for Google Cloud’s platform. Fueled by the introduction of GCS’s SAP-certified Backint connect for SAP HANA Data Protection as a Service

PLNG2 issues RM1.7 billion Sukuk, oversubscribed by 3 times

KUALA LUMPUR, Oct 23 (Bernama) — Pengerang LNG (Two) Sdn. Bhd. (PLNG2), a 65% owned subsidiary of PETRONAS Gas Bhd (PGB), has successfully concluded the issuance of a 20-year multi-tranche Sukuk Murabahah amounting to RM1.7 billion under its Islamic Medium Term Note Programme. The oversubscription of just over three times reflects

DNeX’s Subsidiaries Lend Digital Tech Expertise In Smart City And Tourism Webinars

CYBERJAYA, Oct 23 (Bernama) — Dagang NeXchange Berhad (“DNeX”), through subsidiary companies Genaxis Group Sdn Bhd and IAC Consulting Sdn Bhd, are organising a series of webinars to share their expertise in digital technology for development of smart cities as well as tourism in Malaysia. The webinars will be held on

APIB Suggest Corporate Tax Rate Cut To Help SMEs

KUALA LUMPUR, Oct 23 (Bernama) — Asia Pacific Investment Bank (APIB) suggests the Malaysian government to further reduce corporate tax to help SMEs survive the ongoing pandemic. Chris Wang, CEO of APIB, says the Covid-19 pandemic is taking a toll on the 900,000 SMEs across the nation, especially those that operate

Brightcove, The Global And Industry-defining Leader In Video, Unveils Bold New Brand

BOSTON, Oct 23 (Bernama-BUSINESS WIRE) — Brightcove Inc. (NASDAQ: BCOV) the global leader in video for business, today announced a complete reimagination of its brand, inclusive of all-new positioning and voice, as well as a bold new graphic identity. The rebrand comes at a time when video is being fully embraced by

About One-third Of Manufacturing Companies Plan To Increase Production Localisation By 2025

VILNIUS, Lithuania, Oct 23 (Bernama-BUSINESS WIRE) — Around 30% of manufacturing companies plan to increase production localisation efforts over the next 6 months to better shield from future risks, according to global market research company Euromonitor International. The production localisation progress would make global supply and logistics chains shorter and provide