MREM Press Releases
REVO Teams Up with Mastercard to Launch Malaysia’s First Card-Linked Rewards Platform
KUALA LUMPUR, Malaysia, Dec 16 (Bernama-PRNewswire) — OfferStation Sdn Bhd, a member of the Innity Group of companies, has introduced a Card-Linked Rewards Platform called REVO, to increase in-store traffic and sales for merchants while rewarding consumers and members alike for shopping. Leveraging on Innity’s position as one of the leading online marketing companies
Investors to Leverage on Sabah’s Potential
KOTA KINABALU, Sabah, Dec 16 (Bernama) —The Malaysian Investment Development Authority (MIDA) collaborated with the Ministry of International Trade and Industry (MITI) and Department of Industrial Development and Research (DIDR) Sabah to organise the Sabah Investment Seminar 2019, today. The event, graced by YB Tuan Chong Chen Bin, Assistant Minister
KPMG Urges Institutions To Assess Risks In Anticipation Of Revised AML/CFT Guidelines
PETALING JAYA, Dec 16 (Bernama) — KPMG in Malaysia is urging institutions to ensure they are well equipped to meet all requirements stipulated in Bank Negara Malaysia’s revised Anti Money Laundering / Counter Financing of Terrorism (AML/ CFT) guidelines. Announced as an exposure draft earlier in September, the revised guideline is
PUCM: Bring in More China AI and Technology After Successful 2019 CSITE
KUALA LUMPUR, Dec 16 (Bernama) — 2019 China Smart Industry Trade Exhibition (CSITE) organised by China Entrepreneurs Association in Malaysia (PUCM) was successfully held on 14th to 15th December in Mid Valley Exhibition Centre Kuala Lumpur. 30 technology companies from China, Singapore and Malaysia presented AI and smart technology products from
FWD Takaful appoints James Loh as new Chairman
KUALA LUMPUR, Dec 16 (Bernama) — FWD Takaful Berhad (formerly known as HSBC Amanah Takaful (Malaysia) Berhad) (“FWD Takaful”) has appointed James Loh Sinn Yuk as its new Chairman effective 27 November 2019. The Hon. Ronald Arculli, GBM, CVO, GBS, OBE, JP, Chairman of the Board of FWD Group, described James’s ascent to chairmanship as
Visa Malaysia Seeks To Partner With Fintech Companies To Accelerate Digital Payments Growth In Malaysia
KUALA LUMPUR, Dec 16 (Bernama) — Global payments technology firm, Visa Malaysia, is confident about posting a double-digit growth in contactless transactions in 2020. Ng Kong Boon, the Visa Country Manager for Malaysia, said Malaysians are embracing contactless payments as a faster, more convenient and secure payment method. http://mrem.bernama.com/viewsm.php?idm=36422
The CEO of AmBank Islamic Named as The Best Islamic Banking CEO Malaysia 2019
KUALA LUMPUR, Dec 16 (Bernama) — The Chief Executive Officer (CEO) of AmBank Islamic Berhad (AmBank Islamic), Eqhwan Mokhzanee, was named as the Best Islamic Banking CEO Malaysia 2019 by Global Banking & Finance Review (GBAF). In addition, AmBank Islamic was conferred with the Most Promising Islamic Bank Malaysia Award 2019.
AM Best Downgrades and Withdraws Credit Ratings of Capital General Insurance Company Limited
SINGAPORE, Dec 16 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Financial Strength Rating to C (Weak) from C+ (Marginal) and the Long-Term Issuer Credit Rating to “ccc” from “b-” of Capital General Insurance Company Limited (CGI) (Papua New Guinea). The outlook of these Credit Ratings (ratings) remains negative. Concurrently, these ratings
Centre for Quantum Technologies (CQT) Hands Over Satellite Operations of SpooQy-1 CubeSat to SpeQtral
SINGAPORE, Dec 16 (Bernama-BUSINESS WIRE) — SpeQtral announced today that it has taken over operations of the SpooQy-1 nanosatellite on behalf of the Centre for Quantum Technologies (CQT) at the National University of Singapore. SpooQy-1 is a shoebox-sized, 3U CubeSat hosting a quantum payload developed at CQT. It was launched April
AM Best Withdraws Credit Ratings of Capital Life Insurance Company Limited
SINGAPORE, Dec 16 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of C- (Weak) and the Long-Term Issuer Credit Rating of “cc” of Capital Life Insurance Company Limited (CLI) (Papua New Guinea). The outlook of these Credit Ratings (ratings) is stable. Concurrently, these ratings have been withdrawn as the