MREM Press Releases

AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited

HONG KONG, Oct 9 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Luen Fung Hang Insurance Company Limited (LFH) (Macau). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect LFH’s balance sheet strength, which

Ludovic Blanquet Joins SmartTrade As Chief Product And Strategic Planning Officer

LONDON & AIX-EN-PROVENCE, France, Oct 9 (Bernama-BUSINESS WIRE) — smartTrade Technologies today announces that Ludovic Blanquet has joined as Chief Product and Strategic Planning Officer. Ludovic will support smartTrade to deliver world class integrated eTrading solutions. Ludovic brings 20 years of industry experience to the role. He joins from Finastra where

Wasabi Named A “Contender” In IDC MarketScape Public Cloud Storage Services 2020 Vendor Assessment

Wasabi recognized for straightforward pricing model and consistent growth BOSTON, MA, Oct 9 (Bernama-GLOBE NEWSWIRE) —Wasabi, the hot cloud storage company, today announced it has been named a Contender in the IDC MarketScape Public Cloud Cold Storage Services 2020 Vendor Assessment (Doc # US46855520, September 2020). The report noted, “Wasabi is unique in

AM Best Affirms Credit Ratings of Beneficial Insurance Limited

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

Dato’ Ahmad Fuaad Kenali Set To Helm UMW As Its New President & Group CEO

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

Welcoming Investors, Keeping Malaysia Safe

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

Meggitt Training Systems Announces Company Name Change to InVeris Training Solutions

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

Nippon Express USA Constructing New Warehouse Near Chicago

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

JCB And NTT Com To Demonstrate Multifunctional Mobile Wallet App

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

China’s Hangzhou: Where cartoon & animation dreams always bear fruit

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