MREM Press Releases

AM Best Affirms Credit Ratings of Momentum Life Limited

SINGAPORE, March 2 (Bernama-BUSINESS WIRE) —AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Momentum Life Limited (Momentum Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Momentum Life’s balance sheet strength, which AM

Media Statement – COVID-19 Stimulus Package

KUALA LUMPUR, Feb 28 (Bernama) — MFPC welcomes the broad-based RM20 Billion economic stimulus plan to mitigate the economic pain of the rakyat. The very timely stimulus plan will help businesses and households manage aspects of personal finance and boost the sluggish economy. Key points that we wish to highlight include:-

PETRONAS’ Breakthrough Technology In Structure Health Monitoring

Developed By Local Talents ADaPT Accurately Predicts Mechanical Damage KUALA LUMPUR, Feb 28 (Bernama) — PETRONAS announced a breakthrough invention, Advance Diagnostic and Prognostic Technology (ADaPT), a digital solution that predicts mechanical damage at various facilities to prevent unplanned plant shutdown and revenue loss. Developed by local talents, the technology is

CIMB FY19 PBT at RM5.97 billion; Dividend payout at 56%, up from 42%

KUALA LUMPUR, Feb 28 (Bernama) — CIMB Group Holdings Berhad (“CIMB Group” or the “Group”) today reported a Profit Before Tax (“PBT”) of RM5.97 billion for financial year 2019 (“FY19”), translating to a net Earnings Per Share (“EPS”) of 47 sen. This was underpinned by stronger operating income and steady loan

A Japanese Cooking Contest for Non-Japanese Chefs: The 7th Washoku World Challenge: The Winner Is WANG Wei Ping

TOKYO, Feb 28 (Bernama-BUSINESS WIRE) — Chinese Chef WANG Wei Ping, from restaurant Sun with Aqua Japanese Dining Suntory, has won the 7th Washoku World Challenge, a Japanese cuisine contest for non-Japanese chefs sponsored by Japan’s Ministry of Agriculture, Forestry and Fisheries.  The final held in Tokyo on Feb. 20th and 21st brought together

Smith+Nephew ‘breaks ground’ on new high technology manufacturing facility in Penang, Malaysia

KUALA LUMPUR, Feb 28 (Bernama) — Smith+Nephew, the global medical technology business, is pleased to announce the start of construction of its new high technology manufacturing facility located in Batu Kawan Industrial Park in Penang, Malaysia. The occasion was graced by the attendance of Y.A.B. Tuan Chow Kon Yeow, Chief Minister

Manulife Insurance Berhad provides special COVID-19 financial assistance for customers

KUALA LUMPUR, Feb 28 (Bernama) — Manulife Insurance Berhad (MIB) has announced that the company is providing a special financial assistance to customers diagnosed with COVID-19.  This financial assistance is on top of the company’s recent announcement on 31 January 2020 stating that customers who are seeking treatment related to COVID-19

Nippon Express Launches Intermodal (“Rail & Sea”) Transport Service From Europe To Japan Via Taicang, China

TOKYO, Feb. 28 (Bernama-AsiaNet) —  -“NEX Ocean-Solution China Land Bridge EJ (Europe-Japan)” Service in Operation- Nippon Express Co., Ltd. has launched “NEX Ocean-Solution China Land Bridge EJ (Europe-Japan)” intermodal (“rail & sea”) service from Europe to Japan via Taicang, China, that uses cross-border rail transport between Europe and China. http://mrem.bernama.com/viewsm.php?idm=36846

e-Filing For Year of Assessment 2019

KUALA LUMPUR, Feb 28 (Bernama) — Inland Revenue Board of Malaysia (IRBM) would like to inform that the submission of Income Tax Return Form (ITRF) for Year of Assessment 2019 via e-Filing for Forms E, BE, B, P, BT, M, MT, TF and TP can be furnished commencing from 1 March 2020. Taxpayers may also submit their BE

East Japan Railway Co. to Open JAPAN RAIL CAFE at Tokyo Station as Site Where Foreign Visitors Interact with One Another

TOKYO, Feb 28 (Bernama-AsiaNet) — East Japan Railway Co. (JR East) will open “JAPAN RAIL CAFE” at Tokyo Station on March 5, 2020, as a site where visitors from overseas can interact with one another and gather seasonal travel information on Japan. JAPAN RAIL CAFE will help visitors share the