Alam Flora to step up '3R on Wheels' programme [ 12m ago ]

EXCLUSIVE PRESS News List

International Apprentices in "The Day I Ran China" Blown away by China's 5G Smart Bus Transit Technology

CHANGSHA, China, Oct 14 (Bernama) -- "The Day I Ran China" represents a reality show co-produced by China's renowned media platform MGTV and Discovery Channel, featuring foreign apprentices trying out new job experiences in China. The weekly show has been on the air on MGTV and Discovery's global TV network since September 16 and 21, respectively.

In its ten episodes, the show highlights not just the youths experimenting with new jobs, but a mix of diverse cultures. It stays focused on the significant impact technological development has on people's lives amid the promotion of the Internet Plus initiative. Joining the show, which is set in China, is a group of energetic international youths, including Yoo Jiwon, a South Korean blogger gaining massive popularity for her sharing cultures of China and her country, Sabina, a live-streaming site's host from Russia, Joe, a "veteran" entrepreneur from the Philippines, A Ying, CEO of a Vietnamese coffee chain, Lum Jun Chi, co-founder of a Singapore-based IT firm, Dev Kumar, CEO of an Indian catering company, Hannah from the Philippines, and Bo Bo, a fresh college graduate from Myanmar. With the help of a Chinese instructor, they attempt to gain job experiences in China and learn about its technologies.

AM Best Affirms Credit Ratings of PT Asuransi Tugu Pratama Indonesia, Tbk

SINGAPORE, Oct 14 (Bernama) -- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of PT Asuransi Tugu Pratama Indonesia, Tbk (TUGU) (Indonesia). The outlook of these Credit Ratings (ratings) is negative.

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

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Capital General Insurance Company Limited

SINGAPORE, Oct 14 (Bernama) -- AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” of Capital General Insurance Company Limited (CGI) (Papua New Guinea). The outlook assigned to these Credit Ratings (ratings) is negative.

These rating actions follow the conclusion of AM Best’s full assessment of the rating fundamentals of CGI, which had been placed under review as part of rating actions taken on March 22, 2019.

SMBC Malaysia Recognises Eco-Management Practises of Intercontinental Specialty Fats with JPY900 Million Environment Assessment Loan Facility

KUALA LUMPUR, Oct 14 (Bernama) -- SMBC Malaysia (“SMBCMY”) has granted a JPY900 million Environment Assessment Loan (“eco-loan”) facility to Intercontinental Specialty Fats Sdn Bhd (“ISF”), a manufacturer of premium grade specialty fats & oils with a strong focus in the chocolate and chocolate confectionery segments.

Eco-loans are offered to corporations that have incorporated sustainable practises into its eco-management framework. After assessment by an external auditor, successful corporations will be given a rating. ISF had obtained a Gold+ rating which indicates that it proactively implements environmental and sustainable initiatives based on company-wide environmental management and has a basic understanding of environmental and sustainable issues in relation to its business.

Nelipak Appoints Roger Prevot as Chief Executive Officer

CRANSTON, R.I., Oct 14 (Bernama) -- Nelipak® Corporation, Inc. ("Nelipak"), a global leader in rigid and flexible packaging for the medical device and pharmaceutical sectors, announced today that Roger Prevot has been named the company's Chief Executive Officer. Prevot, who has been Chairman of the Board of Directors since the acquisition of Nelipak ("Kohlberg") earlier this year, brings to Nelipak an extensive track record of senior leadership experience in the packaging industry, and is a Partner of Kohlberg. Prevot's previous roles include President and Chief Operating Officer of Graham Packaging, Chief Executive Officer of Packaging Dynamics Corporation, Chairman of the Board of Spectrum Plastics Group and Chairman of the Board of Cadence, Inc.

Prevot stated, "I look forward to leading Nelipak into the next phase of its development as the legacy Nelipak business is integrated with the former European Healthcare Packaging business of Bemis Corporation."

AM Best Affirms Credit Ratings of Co-operative Life Limited

SINGAPORE, Oct 14 (Bernama) -- AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Co-operative Life Limited (Co-op Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Co-op Life’s balance sheet strength, which AM Best categorizes as adequate, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

PETRONAS Expands Its Customer Base With Its 3rd LNG Break Bulking STS Transfer

KUALA LUMPUR, Oct 14 (Bernama) -- Petroliam Nasional Berhad (PETRONAS), through its subsidiary, PETRONAS LNG Ltd (PLL), recently completed its third successful delivery of liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer to two buyers.

This LNG break-bulking STS transfer which took place in Brunei Bay, Sabah, is the first for PETRONAS in expanding its customer base by providing solutions to two buyers. The delivering vessel, Seri Bijaksana, transferred 80,000 m3 of LNG to LNG vessel, Polar Spirit and 62,000 m3 to Lerici, which then made their separate deliveries to two separate receiving terminals in China.