MREM Press Releases

EastWest Banking Corporation Expands Use of Wolters Kluwer’s OneSumX Software to Manage Market Risk and ALM

SINGAPORE, Dec 18 (Bernama-BUSINESS WIRE) — EastWest Banking Corporation (EastWest) has selected Wolters Kluwer’s OneSumX for Risk Management to manage its Market Risk and Asset and Liability Management (ALM) requirements. The Philippines-based bank will implement the solutions to work alongside other Wolters Kluwer software modules, including OneSumX for Finance, which it has used for

AM Best Maintains Under Review With Positive Implications Status for Credit Ratings of Century Insurance Company (Guam) Limited

HONG KONG, Dec 18 (Bernama-BUSINESS WIRE) — AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Century Insurance Company (Guam) Limited (CIC Guam) (Guam). These Credit Ratings (rating) were placed under review on

AM Best Affirms Credit Ratings of NEWGT Reinsurance Company, Ltd.

HONG KONG, Dec 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 NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NEWGT’s balance sheet strength, which AM Best

Media Statement Kuala Lumpur Summit 2019

KUALA LUMPUR, Dec 18 (Bernama) — The four-day Kuala Lumpur Summit 2019, themed “The Role of Development in Achieving National Sovereignty” will converge 450 delegates from 56 countries is set to take place from December 18 to 21 at the Kuala Lumpur Convention Centre (KLCC). The Summit is a platform

Youth Kuala Lumpur Summit 2019

KUALA LUMPUR, Dec 17 (Bernama) — The Youth Kuala Lumpur Summit 2019 is an inaugural event which brings together youth leaders, young politicians, entrepreneur, activists and professional across the globe and discuss on the issues faced by youths in the Islamic worlds and the roles that they should play to

CIMB Collaborates With Paynet To Introduce First-Of-Its-Kind Contactless Payment Solution CIMB Tap n Pay

KUALA LUMPUR, Dec 17 (Bernama) — CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic) (collectively “CIMB” or “the Bank”) today introduced CIMB Tap n Pay, a payment solution that processes debit card transactions seamlessly and conveniently using just an android mobile device as a payment acceptance terminal.

MESTECC Announces IGEM’s Cumulative Results of RM30 Billion

KUALA LUMPUR, Dec 17 (Bernama) — The Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) recently shared the stellar track record of the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) following its landmark tenth year, solidifying its position as the region’s most powerful green technology, business

LeddarTech Exhibits LiDAR Technology at CES 2020 from January 7-10 in Las Vegas in Collaboration with the Government of Quebec

QUEBEC CITY, Dec 17 (Bernama) —LeddarTech®, an industry leader in LiDAR technology that designs the most versatile and scalable Auto and Mobility LiDAR Platform™ in the market, today announced that it will join the Quebec delegation at CES 2020, representing some of Quebec’s most innovative companies. This opportunity is occurring due

Kacific’s First Satellite Successfully Launches to Space!

CAPE CANAVERAL, Fla. Dec 17 (Bernama-BUSINESS WIRE) — Kacific1 was launched successfully into space aboard a SpaceX Falcon 9 rocket at 7.10pm Eastern Standard Time (UTC-5) on 16 December 2019 from the Cape Canaveral Air Force Station, Florida, USA. It was placed into its target geostationary transfer orbit 33 minutes following

Meet North China’s Xilingol League In Colorful, Passionate Winter

XILINGOL LEAGUE, China, Dec 17 (Bernama-AsiaNet) — Since ancient times, there have been three popular themes about winter in literary works, namely snow, paleness and loneliness, as the snowfalls pale all dazzling colors and turn landscapes into ink painting scrolls with somewhat lonely feelings. However, Xilingol League, located in north China,