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KUALA LUMPUR, May 16 (Bernama) -- SBC Medical Group Holdings Incorporated, a global provider of management services to cosmetic treatment centres, recorded a net profit of US$22 million for the first quarter (Q1) ended March 31, marking a 15 per cent increase year-on-year (y-o-y). (US$1=RM4.27)
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KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI).
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KUALA LUMPUR, May 15 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has urged young Malaysians and first-time insurance buyers to take advantage of the i-MULA 50 starter pack while funds are still available, with only RM2.4 million remaining for eligible applicants nationwide.
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KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.
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KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
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KUALA LUMPUR, May 14 (Bernama) -- Application security (AppSec) is emerging as a key consideration in purchasing decisions, with nearly half of chief information security officers (CISOs) confirming that buyers now prioritise secure software, according to a new report by Checkmarx.
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KUALA LUMPUR, May 13 (Bernama) -- AM Best will be represented at the Philippine Insurance Summit 2025, with senior financial analyst Susan Tan scheduled to deliver a presentation on the company’s outlook for the Philippine non-life insurance sector.
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KUALA LUMPUR, May 13 (Bernama) -- Cake Digital Bank has made history as the first digital-only bank in Southeast Asia to secure ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen.
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KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
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KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
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KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.
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ISTANBUL, May 4 (Bernama-Anadolu) -- Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, an American multinational conglomerate holding company, announced plans to retire at the company's 2025 annual shareholders meeting on Saturday, capping a 55-year tenure, Anadolu Ajansi (AA) reported.