MREM Press Releases
Post Moratorium: All Agrobank Branches To Hold Open Days On 19 and 23 September 2020
KUALA LUMPUR, Sept 18 (Bernama) — Agrobank is holding open days at all its 136 branches nationwide* on Saturday, 19 September and Wednesday, 23 September to assist customers who require further assistance with their financing repayments as the six-month moratorium period comes to an end on September 30. According to Khadijah Iskandar, Covering President /
Bursa Malaysia Derivatives Re-launches the 5-year Malaysian Government Securities Futures Contract with a Revised Settlement Methodology to Facilitate Physical Delivery
KUALA LUMPUR, Malaysia, Sept 18 (Bernama-PRNewswire) — Bursa Malaysia Derivatives (“BMD”) has successfully re-launched the 5-Year Malaysian Government Securities (“MGS”) Futures contract (FMG5) with a revised settlement methodology. The FMG5 Contract’s settlement, which was previously cash-settled, is now physically delivered. The revised methodology is based on a delivery-versus-payment (“DVP”) model
SK Magic Wins Gold Medal At IDEA 2020 For Triple Care Dishwasher
– SK Magic proved world-class design competitiveness at the IDEA 2020, one of the world’s top three design awards– Triple Care Dishwasher, world’s first dishwasher to win the IDEA Gold Medal, the First Prize, in Home/Kitchen Appliances category– Double Flex Induction Range to be released in October and All-in-one Oven
CIMB And StarHub Ink Rm270 Million Sustainability-linked Loan Agreement
The SLL is StarHub’s maiden SLL, and CIMB’s first since announcing in January 2020 that it is committing RM3 billion to SLL for corporate borrowers. KUALA LUMPUR, Sept 18 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) has entered into an RM270 million sustainability-linked term loan facility agreement with Malaren
AM Best Affirms Credit Ratings of ERGO Insurance Pte. Ltd.
SINGAPORE, Sept 18 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating ofB++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of ERGO Insurance Pte. Ltd. (ERGO Insurance) (Singapore). The outlook of the FSR is stable, while the Long-Term ICR outlook is negative. The Credit Ratings (ratings)
OPPLE Lighting Partners with Huawei to Build Go Global Ecosystem
SHANGHAI, Sept 18 (Bernama-BUSINESS WIRE) — During the recently closed Huawei’s Developer Conference 2020, Huawei and its 12 partners, including OPPLE Lighting, announced the launch of HMS Go Global Ecosystem Alliance, with an aim to provide Chinese developers eying the global market with a “go global service engine” to address the
Ambank Offers Repayments Assistance On Weekends Through Ambank Assist
KUALA LUMPUR, Sept 18 (Bernama) — We are coming to the end of the moratorium whereby borrowers will start their repayment beginning October 2020. AmBank, in its commitment to always do what is best for all its customers, wants to make sure that customers who are facing difficulties in meeting their
AM Best Affirms Credit Ratings of COSCO SHIPPING Captive Insurance Co., Ltd.
HONG KONG, Sept 18 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect COSCO
Apifiny Partners With ECS Fin To Launch Pilot Program Of Roxe Network
ECS Fin to Test Roxe APIs for Potential Integration of Roxe Network with Bank Customers Across the Globe SAN FRANCISCO, Sept 18 (Bernama-BUSINESS WIRE) — Apifiny, a leading fintech company that is building a new internet of financial services, today announced that ECS Fin will begin a pilot program to test the integration
CSOP debuts the world’s largest Chinese pure government bond ETF in Singapore
SINGAPORE, Sept 18 (Bernama-BUSINESS WIRE) — CSOP Asset Management Pte. Ltd. debuts its first ETF – ICBC CSOP FTSE Chinese Government Bond Index ETF (ticker: USD counter: CYB/ SGD counter: CYC) in Singapore in partnership with ICBC Asset Management.1 Operating since April 2019, CSOP Asset Management is bringing its leading expertise and