MREM Press Releases
MPC Launches Public Consultation On Proposed Recommendation For Employment Issues
PETALING JAYA, June 29 (Bernama) — The COVID-19 pandemic has significantly impacted Malaysia’s economic growth and employment rates, with Department of Statistics Malaysia (DOSM) statistic indicating that the unemployment rate had spiked by 5 percent with 778,800 persons unemployed as at April 2020. The challenging economic conditions have directly led to
Calgon Carbon Expands Mississippi Activated Carbon Plant
PITTSBURGH, PA, June 29 (Bernama-GLOBE NEWSWIRE) — • New production line will increase capacity by 50 million pounds of granular activated carbon per year • Expansion estimated for completion in late-2022 • Creates 38 new jobs Calgon Carbon Corporation today announced that it intends to expand capacity at its Pearlington,
LIAM Re-elects Loh Guat Lan And Rangam Bir As President And Vice President For The Term 2020/2021
KUALA LUMPUR, June 29 (Bernama) — The Life Insurance Association of Malaysia (LIAM) has re-elected Ms Loh Guat Lan, Chief Executive Officer of Hong Leong Assurance Berhad as LIAM President at its 46th Annual General Meeting held on 24 June 2020. LIAM also re-elected Mr Rangam Bir, Chief Executive Officer of
Malaysia EPF Names Saturna Sdn Bhd Best International Equity Fund Manager
KUALA LUMPUR, Malaysia, June 29 (Bernama-BUSINESS WIRE) — Malaysia’s Employees Provident Fund in May announced the winners of its 2019 External Fund Managers Awards, selecting Saturna Sdn Bhd for two awards in the FTSE Shariah World Developed Mandate 2019 category: “Best International Equity Fund Manager” overall and “Best 3-Year ROI International Equity Fund
Best’s Market Segment Report: Stock Market Volatility Puts Focus On Equity Price Risking Japan’s Non-life Insurance Market
HONG KONG, June 29 (Bernama-BUSINESS WIRE) — High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report. The Best’s Special Report, “Japan Non-Life: Robust Capitalisation to Weather Stock Market Volatility,” states
Families Drawn to LEGOLAND® Malaysia Resort Amid Reopening
ISKANDAR PUTERI, June 29 (Bernama) — After months of temporary closure, popular holiday destination LEGOLAND® Malaysia Resort sprang back to life as many excited families and avid LEGO® fans arrived to discover the resort once again, albeit in a safety-conscious experience. Despite operating in a reduced capacity as a precaution, the
PETRONAS Refutes Reuters’ Report Headlined “Malaysian energy giant’s board at odds with PM over payment to Sarawak state”
KUALA LUMPUR, June 29 (Bernama) — PETRONAS would like to categorically refute the report by Reuters on 26 June 2020 headlined: “Malaysian energy giant’s board at odds with PM over payment to Sarawak state”. The alleged conflict between the Prime Minister, PETRONAS and its shareholder is mere speculative reporting without any
Employers Who Have Not Received Wage Subsidy Payment Can Directly Contact SOCSO CEO
KUALA LUMPUR, June 26 (Bernama) — The extension of the Wage Subsidy Programme (WSP) as announced in the Economic Recovery Plan (PENJANA) by YAB Prime Minister Tan Sri Muhyiddin Yassin recently reflects the Government’s concern over the difficulties faced by employers and workers in the wake of the COVID-19 crisis. To
PETRONAS Embarks On Its First Venture Capital Investment In Malaysia
Agreement with Agritech Startup to Support PETRONAS’ New Business Growth KUALA LUMPUR, June 26 (Bernama) — PETRONAS through its corporate venture capital arm, PETRONAS Ventures has entered into an agreement with Braintree Technologies Sdn Bhd (Braintree Technologies) to invest in the agriculture technology (agritech) startup that develops artificial intelligence (AI)-driven robots
#SaluteTheGoodness with Cadbury Dairy Milk
KUALA LUMPUR, June 26 (Bernama) — Since the break-out of COVID-19 pandemic and the start of the Movement Control Order (MCO) in Malaysia, many lower-income households have been left vulnerable and are struggling to put food on the table. The current unprecedented situation has made food an even greater priority, yet