MREM Press Releases
MPMA Calls For Immediate Deferment Of SST Implementation
PETALING JAYA, June 17 (Bernama) — The Malaysian Plastics Manufacturers Association (MPMA) is calling on the Government to immediately defer the expanded Sales and Service Tax (SST) and to initiate structured consultation with affected industries. The sudden rollout announced without adequate notice, clarity, or stakeholder engagement has already disrupted operations, particularly
PETRONAS Boosts Malaysia’s Energy Security With Award Of PSC For Temaris Cluster Small Field Asset
KUALA LUMPUR, June 17 (Bernama) — PETRONAS, through Malaysia Petroleum Management (MPM), has awarded the Temaris Cluster Small Field Asset Production Sharing Contract (SFA PSC) to Seascape Energy Asia (One) Sdn Bhd, a wholly owned subsidiary of Seascape Energy Asia plc (Seascape). Located in the Malay Basin offshore Peninsular Malaysia, the Temaris
PETRONAS And Eni Strengthen Regional Presence Through Proposed New Upstream Joint Venture Company
KUALA LUMPUR, June 17 (Bernama) — Following the Memorandum of Understanding signed in December 2024, PETRONAS has entered into a Joint Venture Framework Agreement (JVFA) with Eni, to advance detailed discussions and assessments towards establishing a regional upstream joint venture company. The JVFA reflects the shared commitment of both companies to
PETRONAS And Commonwealth LNG Sign 20-Year Agreement For Sustainable LNG Supply
KUALA LUMPUR, June 17 (Bernama) — PETRONAS through its subsidiary PETRONAS LNG Ltd. has entered a Liquefied Natural Gas (LNG) Sale and Purchase Agreement with Commonwealth LNG, LLC (Commonwealth LNG) marking a key milestone in its strategy to diversify its LNG portfolio through long-term supply from the United States. Under the
MIMOS And Uzbekistan Sign Strategic Pact To Build Central Asia’s Semiconductor Powerhouse
TASHKENT, Uzbekistan, June 17 (Bernama) — MIMOS Berhad, Malaysia’s premier innovation centre under the Ministry of Science, Technology and Innovation (MOSTI), has cemented a significant milestone by spearheading a strategic initiative to catalyse the growth of Uzbekistan’s Electrical & Electronics (E&E) and semiconductor industry. This milestone was marked by the signing of
Zycus Horizon SEA 2025 Champions Agentic AI As The Future Of Procurement
PORT DICKSON, Malaysia, June 17 (Bernama-BUSINESS WIRE) — Horizon SEA 2025, Zycus’ flagship conference in Southeast Asia, concluded with strong momentum, bringing together senior procurement leaders from Malaysia, Singapore, the Philippines, India, and the broader Middle East and APAC region. Held on April 23–24, 2025 at the Lexis Hibiscus in Port
Triangle Life: Transforming the High-Net-Worth Life Insurance Experience
HAMILTON, Bermuda, June 17 (Bernama-BUSINESS WIRE) — Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres. Headquartered in Bermuda, a global financial centre for insurance and reinsurance, Triangle
Cloudera Kicks off EVOLVE25 Global Events Series to Showcase the Future of AI
SANTA CLARA, Calif., June 17 (Bernama-GLOBE NEWSWIRE) —Cloudera, the only true hybrid platform for data, analytics, and AI will be hosting its annual series of data and AI conferences across the globe. Spanning four continents, Cloudera’s EVOLVE25 conference will gather industry visionaries, customers, and partners to explore how a unified hybrid data
Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth
RICHARDSON, Texas, June 17 (Bernama-GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced that they have signed a comprehensive recapitalization with Mavenir’s lenders. This
Seveno Capital And Borderless Healthcare Group Launch JV To Provide ‘medical wellness service’ To Hospitality Owners
SINGAPORE, June 17 (Bernama-BUSINESS WIRE) — Seveno Capital and Borderless Healthcare Group have launched the world’s first medical wellness real estate company to target the growing $1.8 trillion global wellness market as the world enters a ‘longevity boom’ that UBS reports will be worth US$8 trillion by 2030. This press release features