MREM Press Releases
CIMB announces reduction in rates
KUALA LUMPUR, Jan 23 (Bernama) — In response to Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) decrease of 25 basis points from 3.00% to 2.75% on 22 January 2020, CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic”) will effect a corresponding 25-basis points reduction in their
AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited
HONG KONG, Jan 23 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of The Dai-ichi Life Insurance Company, Limited (DL) (Japan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect DL’s balance
AmInvestment Bank Wins Two Awards at The Asset Triple A Country Awards 2019
KUALA LUMPUR, Jan 23 (Bernama) — AmInvestment Bank Berhad (“AmInvestment Bank”) was presented with the coveted “Malaysia’s Best Corporate and Institutional Adviser – Domestic” at The Asset Triple A Country Awards 2019. Leong Hup International Berhad’s RM1.19 billion IPO won the “Best IPO” award. AmInvestment Bank acted as a joint
SESB Embarking On Digital Transformation Journey, Paving Way to Become World Class Utility
KOTA KINABALU, Jan 23 (Bernama) – Sabah Electricity Sdn Bhd (SESB) has embarked on a digital transformation programme to realise greater operational efficiencies and further uplift customer satisfaction levels with an aim of becoming a world-class utility. Its chief information officer Ismail Chekima said that SESB is currently working with world-renowned enterprise
Information On Malindo Air OD1231 From Kota Bharu To Subang
PETALING JAYA, Jan 23 (Bernama) — Malindo Air has confirmed that one of the engines on flight OD 1231 suffered a minor fire event during the engine starting up at the Sultan Ismail Petra Airport, Kota Bharu at about 8.10pm. This flight was bound to Sultan Abdul Aziz Shah Airport, Subang.
Senior Executives and Accountants Can Now Earn A Professional Certificate in Digital Business Leadership, Courtesy of MIA and APU
KUALA LUMPUR, Jan 22 (Bernama) — Acknowledged as a leading advocate of digital business transformation for board and management executives as well as finance and accountancy professionals, the Malaysian Institute of Accountants (MIA) is now collaborating with other leaders in professional development and education to expand its range of continuing professional
Guangzhou Night Debuted in WEF Annual Meeting
DAVOS, Switzerland, Jan 22 (Bernama-AsiaNet) — On the night of January 21 (GMT+1), Guangzhou, China organized Guangzhou Night event in the World Economic Forum (WEF) Annual Meeting for the very first time. Guangzhou Night is co-organized by the People’s Government of Guangzhou Municipality and Cedar Holdings, a Guangzhou home-grown conglomerate.
CENDANA Continues to Inspire Young Malaysians to Appreciate the Arts
KUALA LUMPUR, Jan 22 (Bernama) — An initiative in collaboration with the Ministry of Education (MoE), the Cultural Economy Development Agency’s (CENDANA) #BASKL Arts Excursion Programme (AEX) kicked off the year with hosting students from SK Sungai Melut at Galeri Shah Alam today. Thirty six (36) standard three (3) to standard six (6)
Global Headwinds Cost North American Companies More Than $11 billion in FX Losses in Latest Quarter, According to New Kyriba Report
Extended Streak of Intense Currency Volatility Has Cost Companies $100 Billion in Last Five Quarters SAN DIEGO, Jan 22 (Bernama) — Currency volatility was responsible for significant impacts on the revenues of U.S.-listed multinational corporations, costing them more than $11.5 billion in Q3 2019, according to the new Kyriba Currency Impact
HK100 Secures Spot as Prestigious Global Event Drawing Thousands to Its Scenic Trail
HONG KONG, Jan 22 (Bernama) — This year’s highly coveted Vibram® Hong Kong 100 Ultra Trail Race (HK100), supported by the Hong Kong Tourism Board (HKTB), concluded with an impressive 2,300 runners from across the globe enthusiastically taking part. From France and the UK to the USA and Canada; and from
