KUALA LUMPUR, Sept 20 (Bernama) -- PETRONAS today announced an improvement in its earnings for the first half of 2019 compared to the same period last year, driven by the Group’s continued focus on commercial and operational excellence as well as efforts to maximise cash generation despite more challenging market conditions and lower commodity prices.
The first half of 2019 has been dominated by greater price volatility in the oil and gas sector, geopolitical upheavals and protracted trade disputes that threatened to slow economic growth faster than previously expected.
DUBAI, United Arab Emirates, Sept 20 (Bernama) -- “S BLOCK Dubai 2.0 Summit” is scheduled to be launched at the Dubai Festival Arena this coming 20 September. The Summit with its core discussion focusing on blockchain technology is expected to attract 3,500 participants. This summit signifies the complete upgrade of S BLOCK global consensus and ecosystem.
Interstellar Wallet Entering Era 2.0
Based on the core concepts of blockchain, cryptocurrencies trading, investment and saving technology started to be widely acknowledged by the public. S BLOCK is taking this opportunity to rapidly deliver global consensus. 3 months after its introduction to the market, the Interstellar wallet is now ready for the second major upgrade, marching towards era 2.0.
NEW YORK, Sept 20 (Bernama) -- Epiq, a global leader in the legal services industry, today announced enhanced information governance services to help clients efficiently and compliantly manage their electronically stored information in all environments, including on premise servers, in the cloud, or in hybrid systems.
Moving to the cloud increases internal collaboration capabilities and can be a transformative shift for high performing businesses. Epiq now has improved capabilities to help companies, globally, drive efficiencies in their business, control their data management and eDiscovery costs, as well as reduce the risk of regulatory-related fines.
BEIJING, Sept 20 (Bernama) -- The 16th China-ASEAN Expo will be held in Nanning, Guangxi, China from Sept 20 to 23, 2019. According to Wang Lei, the Secretary General of the China-ASEAN Expo Secretariat, a financial service exhibition will be arranged in Nanning International Exhibition Center for the financial institutions to display cross-border financing, cross-border settlement, fintech, ITFIN. Some financial institutions have confirmed their participation, such as Bank of China, Agricultural Bank of China, China Construction Bank, ICBC, HSBC (China) and Singapore's DBS Bank, etc.
Banks from ten ASEAN member countries have established 36 branches in China. Banks from Singapore and Thailand have the most branches. Three Thai banks have set up 9 branches in China, out of which Bangkok Bank has established four branches in Beijing and Shanghai. These banks are engaged in businesses such as wholesale banking and retail banking, and continue to diversify. Meanwhile, branches of Chinese financial institutions are also increasing in ASEAN.
PETALING JAYA, Sept 20 (Bernama) -- Two students from Monash University Malaysia have been crowned national champions at the ASEAN Data Science Explorers (ASEANDSE) Malaysian National Finals 2019 organised by the ASEAN Foundation and SAP held yesterday.
Leong Zhuan Kee and Peh Wei Li will be representing Malaysia in the regional finals to be held in Bangkok, Thailand next month. The duo won the competition for their proposed solution to address food sustainability within Southeast Asia.
HONG KONG, Sept 20 (Bernama) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect COSCO SHIPPING Captive’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited (COSCO SHIPPING), which AM Best perceives to benefit from strong government support.
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia is committed to continue working with global economies for mutual benefits, including with the United States (US) of which we have had over six decades of strong relationship in terms of trade and investment.
Our bilateral trade with the US grew by 1.2% in 2018 to RM155.76 billion - which constitutes 8.3% of Malaysia’s total trade in that same year. Exports to the US have increased by 2.4% to RM90.81 billion – the highest recorded since 2008.