MREM Press Releases

Wemade Unveils the 1st DAO Lineup on NILE

SINGAPORE, Feb 24 (Bernama-PRNewswire) — NILE (NFT Is Life Evolution), a DAO & NFT platform based on the WEMIX3.0 mainnet, has unveiled its first DAO lineup: WONDER DAO, ARTEUM DAO, DELTA DAO, and ORACLE DAO. Each DAO has its own community that works together to achieve common goals, like the WONDER DAO

AM Best Affirms Credit Ratings Of PVI Reinsurance Joint-Stock Corporation

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of PVI Reinsurance Joint-Stock Corporation (PVI Re). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PVI Re’s balance sheet strength, which AM

AM Best Affirms Credit Ratings Of Shanghai Electric Insurance Limited

HONG KONG, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Shanghai Electric Insurance Limited (SEIL) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect SEIL’s balance sheet strength, which

AM Best Upgrades Credit Ratings of PVI Insurance Corporation

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of PVI Insurance Corporation (PVI Insurance). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.

Holding Statement

PETALING JAYA, Feb 23 (Bernama) — MJets Sersol Sdn. Bhd. would like to clarify that M Jets International Sdn. Bhd., which is reported by the media to be under investigation by the Malaysian Anti-Corruption Commission (MACC), is not the same entity. MJets Sersol Sdn. Bhd. also does not have any links

PCG Records Strong PAT Of RM6.3 Billion In FY2022

KUALA LUMPUR, Feb 23 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) registered record high revenue of RM29.0 billion in Financial Year Ended 31 December 2022 (FY2022). The 26% year-on-year revenue growth against RM23.0 billion in FY2021 is attributed to higher product prices coupled with stronger US Dollar against the Malaysian Ringgit

PETRONAS FutureTech 3.0 Expands To Asia Pacific Region

KUALA LUMPUR, Feb 23 (Bernama) — PETRONAS FutureTech 3.0, an accelerator programme to nurture technology startups, is now open to applicants in the Asia Pacific region, the first time the programme is expanding beyond Malaysian shores.  Co-organised by PETRONAS Ventures and Singapore-based innovation, venture and startup enabler, StartupX, FutureTech 3.0 is

FPT Software Acquires Intertec International’s IT Services Division

HANOI, Vietnam, Feb 23 (Bernama-BUSINESS WIRE) — Vietnam’s leading technology firm, FPT Software, today announces its acquisition of Intertec International’s (Intertec) IT Services division, to further strengthen its North American nearshore delivery capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230222005840/en/ http://mrem.bernama.com/viewsm.php?idm=45483

Cradlepoint And Ericsson Demonstrate World First Dual Network Slicing Implementation For Enterprise Over A Live Network With Australian Carrier Optus

MELBOURNE, Australia, Feb 23 (Bernama-GLOBE NEWSWIRE) — Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network solutions, demonstrated application-based traffic steering into two carrier-defined network slices on its fixed wireless and in-vehicle 5G enterprise networking solutions. The demonstration took place at Australian carrier, Optus’ Tech Day. Using Cradlepoint 5G

PETRONAS Dagangan Finishes FY2022 with Higher Revenue and Pre-Tax Profit

KUALA LUMPUR, Feb 23 (Bernama) — PETRONAS Dagangan Berhad (PDB) achieved a strong performance for the year ended 31 December 2022, boosting its full year revenue by 62 per cent to RM36.7 billion, on the back of higher sales volume and average selling price. Pre-tax profit for the year also