MREM Press Releases

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

Lightspeed Venture Partners Expands to Southeast Asia to Partner With Bold Founders Building Disruptive Companies

SINGAPORE, Sept 18 (Bernama-BUSINESS WIRE) — Lightspeed Venture Partners (“Lightspeed”) today announced the launch of its Southeast Asia operations. Headquartered in Singapore, Lightspeed will partner and support the region’s bold entrepreneurs building disruptive companies. Lightspeed will deploy capital for its Southeast Asian investments from its global funds, where it has

Fresche Announces Expansion To Its Automated Solutions That Accelerate IBM i (AS/400) Application Transformation To Modern Languages

Fresche broadens scope and adaptability of automated solutions to now transform RPG to PHP, producing high quality modern and scalable applications. MONTREAL, Sept 18 (Bernama-GLOBE NEWSWIRE) —Fresche Solutions today introduced new capabilities with its automated solutions to accelerate application transformation of RPG applications into PHP, paving the way for faster digital

Cloudflare Partners with the Internet Archive to Keep the Web Always Online™

SAN FRANCISCO, Sept 18 (Bernama-BUSINESS WIRE) — Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it has partnered with the Internet Archive, a nonprofit digital library that runs a digital archive of the World Wide Web called the Wayback Machine. By partnering

BearingPoint expands its portfolio in the area of new ways of working

AMSTERDAM, Sept 17 (Bernama-BUSINESS WIRE) — Management and technology consultancy BearingPoint announced today that it has acquired Paris-based Steerio, an engagement platform (SaaS) that leverages smart analytics to push teamwork, feedback and decision-making into the digital age. With the acquisition, BearingPoint expands its portfolio of team and project management assets