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MISC, SHI Receive Approval For World’s First Ammonia-fuelled LR2 Tanker

KUALA LUMPUR, Sept 24 (Bernama) -- International maritime corporation MISC Bhd and Samsung Heavy Industries (SHI) have received Approval in Principle (AiP) from Bureau Veritas Marine and Offshore (BV) for the world’s first ammonia-fuelled Long Range 2 (LR2) tanker powered by proton exchange membrane fuel cell (PEMFC) technology.

JF Tech Subsidiary Invests US$1.3 Mln In US Semiconductor Venture To Boost Market Presence

KUALA LUMPUR, Sept 23 (Bernama) -- JF Technology Bhd’s (JF Tech) 75 per cent-owned indirect subsidiary, ATS Technology Services Sdn Bhd (ATSSB), has entered into a shareholders' agreement to acquire a 13 per cent stake in California-based ATS Technology Services Inc (ATSI) for US$1.3 million (RM5.46 million).

Solarvest, Brookfield Ink 1.5 GW Renewable Project Deal

KUALA LUMPUR, Sept 22 (Bernama) -- Solarvest Holdings Bhd has signed a joint investment framework agreement with Brookfield CTF Asia Holdings Pte Ltd (BF) to develop, construct and operate at least 1.5 gigawatts (GW) of utility-scale solar and battery energy storage projects in Malaysia.

AM Best Affirms Credit Ratings Of Taiping Reinsurance, Subsidiary

KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).

Press Visits World’s Tallest Bridge In China Before Opening

GUIZHOU (CHINA), Sept 22 (Bernama) -- Suspended 625 metres above a deep canyon, China’s newest bridge left journalists from eight countries in awe. The Huajiang Gorge Bridge, now nearing completion, links Guanling County in Anshun City with Zhenfeng County in Qianxinan Buyei and Miao Autonomous Prefecture, Guizhou Province.

AM Best Withdraws New Zealand's Foundation Life Ratings Following Policy Cancellations 

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.

AM Best Affirms Top Ratings For Samsung Fire & Marine Insurance, Subsidiaries

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.

AI Boom, Free Trade Deepen China-ASEAN Cooperation

KUALA LUMPUR, Sept 18 (Bernama) -- Amid rising global protectionism and economic uncertainty, China and the Association of Southeast Asian Nations (ASEAN) are forging ahead to deepen their integration, epitomised by the full conclusion of the China-ASEAN Free Trade Area 3.0 upgrade announced in May.

JTB Expands Middle East Footprint With Dubai Branch Office

KUALA LUMPUR, Sept 18 (Bernama) -- JTB Corp, Japan’s leading travel solutions provider, has announced the establishment of a branch office in Dubai, United Arab Emirates (UAE), as part of its strategic expansion in the business-to-business (B2B) travel solutions sector.

KIS Group And Shell Sign bio-lNG Supply Deal

KUALA LUMPUR, Sept 17 (Bernama) -- Knowledge Integration Services (KIS Group) has signed a bio liquefied natural gas (bio-LNG) supply agreement with Shell Eastern Trading (Pte) Ltd.

SG Entertech Launches Android VR Mini Platform, Eyes Southeast Asia Expansion

KUALA LUMPUR, Sept 17 (Bernama) -- SG Entertech Co Ltd, a South Korean Virtual Reality (VR) startup, has announced the global launch of Snack VR, an innovative VR mini-platform for international markets.

MATRADE Targets RM2.5 Bln In Sales At INSP Mihas 2025

KUALA LUMPUR, Sept 17 (Bernama) -- The International Sourcing Programme (INSP) aims to achieve RM2.5 billion in sales from more than 4,000 one-to-one business meetings at the Malaysia International Trade and Exhibition Centre (MITEC) today.