MREM Press Releases
AM Best Affirms Credit Ratings and Assigns National Scale Rating to PVI Insurance Corporation
SINGAPORE, March 29 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of PVI Insurance Corporation (PVI Insurance) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. Additionally, AM Best has assigned the Vietnam National
Midea Group Releases Its First-ever ESG Brand Story With An Unexpected VIP Visit Highlighting Its Commitment To Sustainability.
FOSHAN, China, March 29 (Bernama-BUSINESS WIRE) — Midea Group: http://mrem.bernama.com/viewsm.php?idm=48278
Sompo Welfare Foundation Supports Women’s Aid Organisation With RM22,500 Grant
KUALA LUMPUR, March 29 (Bernama) — The Sompo Welfare Foundation (The Foundation) presented a cheque amounting to RM22,500 to the Women’s Aid Organisation (WAO) Malaysia. This is the eleventh time Malaysia has received international grant support from the Sompo Welfare Foundation. Berjaya Sompo Insurance (Berjaya Sompo), the Malaysian operating entity and part
AM Best Affirms Credit Ratings of Nan Shan General Insurance Co., Ltd.
HONG KONG, March 29 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Nan Shan General Insurance Co., Ltd. (Nan Shan General) (Taiwan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Nan Shan
Labuan IBFC Inc. and Council of Rector of Indonesia State University sign MoU
LABUAN, March 29 (Bernama) — Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for the Labuan International Business and Financial Centre (Labuan IBFC) has signed a Memorandum of Understanding (MoU) with Council of Rector of Indonesia State University (CRISU) which is responsible for providing and facilitating internship
MyCEB’s MyCSR Ramadhan Rays of Care Leaves Lasting Impact at The National Cancer Institute
PUTRAJAYA, March 29 (Bernama) — The 14th edition of MyCSR programme named Ramadhan Rays of Care, drew to a close with a heartwarming initiative held at the National Cancer Institute by Malaysia Convention & Exhibition Bureau (MyCEB), an agency under the Ministry of Tourism, Arts and Culture Malaysia, marking a poignant
Claim Your Glory: Apply Now for the Region Smart City Awards*
SINGAPORE, March 29 (Bernama-GLOBE NEWSWIRE) — The World Smart City Awards, organized by the Smart City Expo World Congress, have been successfully held for 13 years and are acclaimed as the “Oscars” in the field of global smart city development. From 2010 to 2025, 440 emerging-market cities are poised to propel
Toshiba Launches SmartMCD™ Series Gate Driver ICs With Embedded Microcontroller
KAWASAKI, Japan, March 29 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has started volume shipments of the SmartMCD™ Series of gate driver[¹] ICs with embedded microcontroller (MCU). The first product, “TB9M003FG,” is suitable for sensorless control of three-phase brushless DC motors used in automotive applications, including water and oil pumps,
Midea Group Breaks Revenue and Profit Records with RMB 373.7 Billion in 2023
FOSHAN, China, March 29 (Bernama-BUSINESS WIRE) — Midea Group, the world’s largest home appliance supplier, has reported impressive growth and record profits in its 2023 annual report. The company achieved a total revenue of RMB 373.7 billion, representing a year-on-year increase of 8.10%. Concurrently, the net profit attributable to shareholders reached
Leonard Green & Partners and Berkshire Partners Portfolio Company, SRS Distribution, Enters into a Definitive Agreement to be Acquired by The Home Depot for $18.25 Billion
LOS ANGELES & BOSTON, March 29 (Bernama-BUSINESS WIRE) — The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot to be acquired for $18.25 billion. The details of this sale were made public in press releases issued this morning by The Home