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EXCLUSIVE PRESS News List

 
 

CFM´s 2018 Industry Knowledge Sharing Session: Understanding Consumer´s Importance For The Improvement Of Communications & Multimedia Industry

PUTRAJAYA, Nov 19 (Bernama) -- The Communications and Multimedia Consumer Forum of Malaysia (CFM) continues to be committed in protecting consumers and improving the industry by organising Knowledge Sharing Session (KSS) with telecommunication service providers and consumer associations over two days from 15 to 16 November at Marriott Hotel, Putrajaya for mutual exchange of information and discussing issues faced by consumers.

The CFM KSS programme with the industry is the fourth edition organized by CFM for four consecutive years since 2015 and has also become the platform to discuss various consumer issues in communications industry such as coverage on fibre service nationwide and contract & pricing issues.

 

Malindo Air Enhances Booking Experience with Dynamic Currency Conversion Service

PETALING JAYA, Nov 19 (Bernama) -- Malindo Air, together with their e-commerce partner - Monex, have introduced Dynamic Currency Conversion (DCC) service on Malindo Air’s internet booking engine (IBE).

The DCC service will enable customers to lock in a competitive exchange rate offered by Malindo Air at the time of the transaction, according to customer’s card currency. In the payment page, when “Credit, Charge or Debit Card” payment option is selected with card information fill-out, customers can choose to pay with original fare currency or card currency. For payment based on card currency, the converted amount will be reflected, which will be the same amount charged to the card. The conversion supported 6 different currencies, including MYR, SGD, USD, AUD, THB and HKD.

 

"Art Olympia 2019," Third International Open Art Competition, Set for 2019 in Japan

SAITAMA, Japan, Nov 19 (Bernama) -- The third International Open Art Competition, "Art Olympia 2019," will be held in Japan next year, with announcement of winners and their exhibition scheduled for June. Art Olympia, held once every two years, aims to discover talented artists and support them. Approximately 160 artworks will be selected for a final review in Tokyo by a panel of jurors invited from around the world. The 1st-place winner will receive US$120,000. In addition, 160 artists will receive prize money and 1,000 artists will be honored and featured. The competition will give away a total of approximately US$500,000 in cash awards and prizes for supporting artist activities.

This third Art Olympia will accept two-dimensional artworks. Acrylic, watercolor, pastel, mineral pigments, print, charcoal, digital/multimedia art, mixed media, photography, etc. will be also accepted. The maximum size is 117cm x 117cm (46 x 46 inches).

 

Toshiba Machine Launches New Die Casting Machines for Southeast Asian Market

New Machines for Southeast Asian Market Produced in our Thailand Plant

NUMAZU, Japan, Nov 19 (Bernama) -- Toshiba Machine Co., Ltd. (TOKYO:6104) has developed the new DC-KT Series Die Casting Machines to meet the needs of the Southeast Asian market and has started sales and production at its plant in Thailand.

 

A.M. Best Affirms Credit Ratings of Malaysian Reinsurance Berhad

SINGAPORE, Nov 19 (Bernama) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Malaysian Reinsurance Berhad (Malaysian Re) (Malaysia). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Malaysian Re’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

The company’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is supported by low underwriting leverage and a conservative investment portfolio. Malaysian Re’s operating performance is supported by a steady stream of investment income, which has mitigated fluctuations in its underwriting results. Underwriting margins for full-year 2018 and the first quarter ending June 2018 have increased, as initiatives introduced to improve underwriting margins have been implemented.

 

A.M. Best Upgrades Credit Ratings of Evergreen Insurance Company Limited

HONG KONG, Nov 19 (Bernama) -- A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Evergreen Insurance Company Limited (EICL) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect EICL’s balance sheet strength, which A.M. Best categorizes as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

 

P&G Tackles Clean Water, Gender Equality and Plastic Waste in 2018 CSR Report

CINCINNATI, Nov 19 (Bernama) -- The Procter & Gamble Company (NYSE:PG) extends its long history of doing good in the world by bringing the comforts of home to those impacted by disasters, continuing to spark conversations about diversity, inclusion and gender equality with its advertising and making meaningful impact on the environment with new 2030 goals including a vision to ensure that none of the Company’s packaging ends up in the world’s oceans.

Captured in the 2018 Citizenship Report released today, P&G highlights the recent activities that define the Company as a force for good and a force for growth.

“Our aspiration is clear. We want to be a force for good and force for growth. We know that the more we integrate and build Citizenship into how we do business, the bigger the impact we can make with the people we serve, the communities where we live and work, and the broader world that surrounds us. In turn, this helps us grow and build our business,” said David Taylor, P&G’s Chairman of the Board, President and Chief Executive Officer.