SINGAPORE, March 24 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Vietnam National Scale Rating of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PVI Insurance’s balance sheet strength, … Continue reading AM Best Affirms Credit Ratings of PVI Insurance Corporation

HONG KONG, March 24 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM) (Macau). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CTIM’s balance sheet strength, which AM Best assesses as … Continue reading AM Best Affirms Credit Ratings of China Taiping Insurance (Macau) Company Limited

FREMONT, Calif., March 24 (Bernama-GLOBE NEWSWIRE) -- As some governments and large buyers move towards locking AI workloads into region-specific platforms, Southeast Asian legal-tech founders face a new crossroads when planning U.S. pilots, sales, and fundraising. Gartner predicted that platform lock-in‚ such as sovereign cloud and country-region artificial intelligence (AI) platforms‚ is expected to grow from 5% to … Continue reading Dmitry Shubov Remarks on Southeast Asian Legal-Tech Founders Facing New U.S. Market Barriers as Gartner Predicts 35% of Countries Will Move to Region-Specific AI Platforms by 2027

High-quality equipment will enhance the luxury of this mixed-use urban space TOKYO, March 19 (Bernama-BUSINESS WIRE) -- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that two of its Indonesian subsidiaries have secured a major order to supply 66 elevators, 30 escalators, 404 air-conditioning units and 38 hand dryers for Two Sudirman Jakarta, a huge mixed-use urban space … Continue reading Mitsubishi Electric to Supply Elevators, Escalators, Air Conditioners and Hand Dryers for “Two Sudirman Jakarta” Complex in Indonesia

KUALA LUMPUR, March 18 (Bernama) -- Akur8, the global actuarial artificial intelligence (AI) platform, has entered the life and annuity (L&A) insurance market with the acquisition of Slope Software, expanding its capabilities beyond property and casualty (P&C) offerings. The transaction marks a strategic milestone for Akur8 as it broadens its product suite to serve actuaries … Continue reading Akur8 Acquires Slope Software, Enters L&A Market

TORONTO and SINGAPORE, March 19 (Bernama-GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Singapore has joined the Singapore … Continue reading Abaxx Joins Singapore Bullion Market Association

KUALA LUMPUR, March 18 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has commenced volume shipments of the "TLX9920", a new photovoltaic-output photocoupler targeting solid state relays (SSR) in automotive equipment. According to Toshiba in a statement, the introduction of the TLX9920 aligns with the growing demand for automotive relay units that offer a … Continue reading Toshiba Photovoltaic-Output Photocoupler Boosts Automotive SSR Reliability

KUALA LUMPUR, March 18 (Bernama) -- Mongolian Mining Corporation (MMC) reported lower earnings for the financial year ended Dec 31, 2025 (FY2025), with total revenue declining to US$823.4 million from US$1.04 billion a year earlier. (US$1=RM3.90) The company in a statement said US$792.1 million of the revenue was generated from its coking (metallurgical) coal operations, … Continue reading MONGOLIAN MINING CORPORATION REPORTS LOWER FY2025 EARNINGS

HONG KONG and NEW YORK, March 18 (Bernama-GLOBE NEWSWIRE) -- K-Tech Solutions Company Limited (NASDAQ: KMRK; “K-Tech”), a Hong Kong-based design house specializing in complex electromechanical products and educational hardware, announced signing a memorandum of understanding with Boardware Intelligence Technology Limited (HKEX: 1204.HK; “Boardware”). K-Tech will act as Boardware’s exclusive hardware development and engineering partner for … Continue reading ​K-TECH SOLUTIONS COMPANY LIMITED (NASDAQ: KMRK) ANNOUNCES AI and BRAIN-COMPUTER INTERFACE PRODUCT DEVELOPMENT FOR BOARDWARE INTELLIGENCE TECHNOLOGY LIMITED (1204.HK)

SINGAPORE, March 18 (Bernama-BUSINESS WIRE) -- AM Best has assigned a Financial Strength Rating of B (Fair), a Long-Term Issuer Credit Rating of “bb” (Fair) and a Philippines National Scale Rating of a.PH (Excellent) to Stronghold Insurance Company, Inc. (Stronghold) (Philippines). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Stronghold’s balance sheet … Continue reading AM Best Assigns Credit Ratings to Stronghold Insurance Company, Inc.