MREM Press Releases
PETRONAS Brings Global Unconventional Expertise To UAE For ADNOC Concession
ABU DHABI, Dec 6 (Bernama) — PETRONAS Abu Dhabi Sdn Bhd, a wholly owned subsidiary of PETRONAS, inked a historic agreement with Abu Dhabi National Oil Company (ADNOC) today, to explore and appraise Unconventional Onshore Block 1 covering a 2,000 square km concession area in the Al Dhafra region. The agreement
Best’s Commentary: Corporate Governance Lessons for Insurers in the Wake of the Failure of FTX
SINGAPORE, Dec 6 (Bernama-BUSINESS WIRE) — The collapse of the cryptocurrency exchange FTX highlights the importance of effective corporate governance, according to a new AM Best commentary. The Best’s Commentary, “Corporate Governance Lessons for Insurers in the Wake of the Failure of FTX,” notes that although FTX is not an insurance company, the series
Juniper Research: Instant Payment Transactions To Surpass 376 Billion Globally By 2027; As Cross-border Innovations Drive Growth
BASINGSTOKE, England, Dec 5 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found that the number of instant payment transactions will exceed 376 billion globally by 2027; increasing from 97 billion in 2022, a 289% growth. It predicts that an increased roll-out of instant cross-border payment schemes in multiple countries will
Putra Business School Celebrates Excellence At Convocation Ceremony
SERDANG, Dec 5 (Bernama) — 241 graduands were conferred their respective degrees by Putra Business School (PBS) Chancellor, YBhg. Academician Emeritus Professor Tan Sri Dato’ Dr. Syed Jalaludin Syed Salim, during the Putra Business School (PBS) Convocation Ceremony on 4 December 2022 at the Sultan Salahuddin Abdul Aziz Shah Arts and
PETRONAS, Southeast Asia Leaders Discuss Region’s Pathway To Net Zero
KUALA LUMPUR, Dec 5 (Bernama) — In the lead up to the Energy Asia 2023, PETRONAS recently hosted the second of a three-part multi-stakeholder dialogue series, “Southeast Asia’s Net Zero Pathways: More Energy, Less Emissions”, to continue the discourse towards green collaborations within ASEAN. The dialogue serves as an avenue to strengthen
Tourism Productivity Nexus (TPN) Envisions Malaysia As A Tourism Nation To Elevate The Travel Industry Towards Higher Productivity
PETALING JAYA, Dec 5 (Bernama) — The Tourism Productivity Nexus (TPN), under the purview of Malaysia Productivity Malaysia (MPC), sets its goal to build Malaysia as a tourism nation through its “Sayangi Malaysia” campaign. According to TPN, Malaysia is a “Tourism Nation,” which is an inclusive group of people made up
AM Best Comments on Credit Ratings of Nan Shan General Insurance Co., Ltd.
HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has commented that 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) remain unchanged in view of the negative impact from pandemic insurance claims on
AM Best Upgrades Credit Ratings Of Meritz Fire & Marine Insurance Co., Ltd.
HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Meritz Fire & Marine Insurance Co., Ltd. (Meritz) (South Korea). The outlook of these Credit Ratings (ratings) has
AM Best Affirms Credit Ratings Of NongHyup Property And Casualty Insurance Company Limited
HONG KONG, Dec 5 (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 NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NH
3D Sends Open Letter To New Outside Directors Of Fuji Soft Incorporated
TOKYO, Dec 5 (Bernama-BUSINESS WIRE) — 3D Investment Partners Pte. Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together, “3D,” “we,” “us” or “our”), the largest shareholder of Fuji Soft Incorporated (“Fuji Soft” or the “Company”), today sent a letter to the newly elected members of Fuji Soft’s Board of