SYDNEY: Flexiroam Limited announced that in a landmark partnership with Mastercard, the Flexiroam global data plan is now offered for the first time as benefits to cardholders, with select cardholders in Taiwan as the first beneficiaries of the program. Eligible…
DUBAI, UAE: Commercial Bank of Dubai, one of the leading banks in the UAE, announced that the bank is allowing foreign investment into its shares. The bank has set a Foreign Ownership Limit (FOL) of 40% after completion of all…
SINGAPORE: Tritech Consultants Pte Ltd, wholly-owned subsidiary of Tritech Group Limited, has been awarded a S$23.0 million contract for Jurong Region Line (Phase 1) by the Land Transport Authority (LTA) Contract is for the design and construction of elevated Hong…
SINGAPORE: CapitaLand, one of Asia’s largest diversified real estate groups, is stepping up cleaning and adopting contactless technologies across its nine business parks in India to continue to provide a safe environment to tenants and employees amid the COVID-19 pandemic…
ESPOO, FINLAND: Nokia has appointed Marco Wirén as CFO of the company and member of the Group Leadership Team, replacing current CFO Kristian Pullola. Wirén will join Nokia on September 1, 2020. “I am pleased that Marco will be joining…
LONDON: Cohort Plc, the independent technology group, announced that its wholly owned subsidiary, Chess Dynamics, has been awarded a €7.5 million contract for its Air Guard Counter-Unmanned Aerial Systems (C-UAS) for air base and critical infrastructure protection for an international…
SINGAPORE: AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Brightsideco Insurance Limited (New Zealand). The outlook of these Credit Ratings is stable. The ratings reflect Brightsideco’s balance sheet…
LONDON: Europa Oil & Gas (Holdings) plc has announced the conditional acquisition of a 100% interest in Frontier Exploration Licence (FEL) 3/19, offshore Ireland, from DNO. Acquiring FEL 3/19, which is located close to the 1tcf producing Corrib gas field…
OLDWICK: Insurance sector rating agency, AM Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of “B++” of South Carolina Farm Bureau Mutual Insurance Company and Palmetto Casualty Insurance Company. The…
LONDON: Origin Enterprises plc, the Agri-Services Group, announced that Tom O’Mahony, Group CEO, has notified the Board that after 13 years as Group CEO, he will retire from his role and from the Board by the end of the 2020…
OLDWICK: Global rating agenct AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Kingstone Insurance Company (KICO). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-”…
TURKU, FINLAND: Faron Pharmaceuticals Oy, the clinical stage biopharmaceutical company, has been selected to receive a €2.5 million grant from the European Innovation Council (EIC) Accelerator pilot scheme to progress the MATINS Study and related business activities. The EIC Accelerator…