MREM Press Releases

Retabled Budget 2023 Expected to Positively Impact Accountancy Profession, Says Malaysian Institute of Accountants

KUALA LUMPUR, Feb 27 (Bernama) — The Malaysian Institute of Accountants (MIA) hailed the following measures of the retabled Budget 2023 that are expected to positively impact the accountancy profession and its services to the economy. These are the: – announcement of financial zones– focus on tax measures to diversify

St Kitts and Nevis’ Citizenship by Investment Programme for the Sustainable Investor

Basseterre, Feb 27 (Bernama-GLOBE NEWSWIRE) — St Kitts and Nevis is not only one of the world’s ultimate paradise destinations for tourists, but it has also earned its place in the global real estate market. The twin federation established its Citizenship by Investment (CBI) Programme in 1984 and has inspired other

CIMB Group’s Budget 2023 Commentary

KUALA LUMPUR, Feb 27 (Bernama) — We are pleased to see the Malaysian Government’s focus on driving sustainable economic growth through Malaysia MADANI Budget 2023. As Malaysia’s economy continues to recover, the prudent, targeted and inclusive approach taken provides an optimal balance in helping the Rakyat and businesses alike to navigate

Evercore Awarded Best M&A Adviser in Singapore for the Sixth Time in The Asset’s Triple A Country Awards 2022

SINGAPORE, Feb 27 (Bernama-BUSINESS WIRE) — Evercore (NYSE: EVR), the leading global independent investment banking advisory firm, was once again presented the “Best M&A Adviser in Singapore” award by The Asset magazine at its 2022 Triple A Country Awards ceremony held on February 23, 2023. The Asset’s Triple A Country Awards are Asia’s preeminent

Malaysia Madani to Drive Progress Through Reforms

PETALING JAYA, Feb 24 (Bernama) — Malaysia’s Budget 2023 allocation, which has been revised upward to RM386.14 billion, was tabled by the Prime Minister and Finance Minister YAB Datuk Seri Anwar Ibrahim at 4.00pm today. According to Mr. Soh Lian Seng, Head of Tax at KPMG in Malaysia, the proposals

Western Union And Beforepay Offer ‘Send Now, Pay Later’ Service To Consumers For International Money Transfers

SYDNEY, Feb 24 (Bernama-BUSINESS WIRE) — Western Union and Beforepay today announced a first-of-its-kind collaboration, allowing consumers to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending. Consumers can ‘Send Now, Pay Later’ by borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western Union’s digital channels.

AM Best Revises Outlooks to Stable for Pacific International Insurance Pty Limited

SINGAPORE, Feb 24 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Pacific International Insurance Pty Limited (Pacific) (Australia). The Credit Ratings (ratings) reflect Pacific’s balance sheet strength, which

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