OTC GLOBAL HOLDINGS KICKS OFF 10TH ANNIVERSARY WITH EXPANSION INTO ASIA PACIFIC

OTC Asia office in Singapore to offer European and Asian crude swaps, distillate swaps and cracks, and physical fuel broking; completes leading independent commodities interdealer broker’s global service model

 
SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- OTC Global Holdings (OTCGH) today announced the formation of OTC Asia in Singapore. The new office and expansion into the Asia Pacific region marks a significant milestone for the leading independent commodities interdealer broker, which is celebrating its 10^th anniversary in 2017, as it completes the company’s global service model. Through OTCGH’s Aalpha Energy desk, which serves every major global crude swaps market via offices in Houston, London, New York and now Singapore, clients can speak with a live broker at any time during the global workday.

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A.M. BEST AFFIRMS CREDIT RATINGS OF FIDELITY LIFE ASSURANCE COMPANY LIMITED

SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Fidelity Life Assurance Company Limited (Fidelity Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

 
The ratings reflect Fidelity Life’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and favorable operating performance.

http://mrem.bernama.com/viewsm.php?idm=28361

A.M. BEST AFFIRMS CREDIT RATINGS OF FMG INSURANCE LIMITED

SINGAPORE, Jan 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect FMGIL’s strong risk-adjusted capitalization, consistently positive operating performance and well-established profile in the rural sector of New Zealand’s general insurance market. The ratings also reflect FMGIL’s low underwriting leverage, high-quality investment portfolio and direct distribution network capability. http://mrem.bernama.com/viewsm.php?idm=28353

Netflix Launches Fortune Microsite

KUALA LUMPUR, Jan 27 (Bernama) -- Netflix, an internet television network, has launched Netflix Fortune microsite, newyear.netflix.io that allows people to create memorable new moments with their loved ones.

Netflix Inc. in a statement today said the site allows people to discover their fortune while navigating the year of the fire rooster.

"By simply entering your date of birth on the site, you can see personalised zodiac predictions inspired by your favourite Neflix original characters for you and your family.

"For instance, take the Rooster Patriarch in your family, Netflix predicts that they will enjoy abundance as their dreams become a reality through sheer determination and perseverance, just like Titus of Unbreakable Kimmy Schmidt," the statement said.

Netflix is an internet television network with over 93 million members in over 190 countries.

-- BERNAMA

A.M. BEST AFFIRMS CREDIT RATINGS OF MEIJI YASUDA LIFE INSURANCE COMPANY

HONG KONG, Jan 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable.

 
The rating affirmations reflect Meiji Yasuda’s strong capitalization, strong business profile and stable operating performance.

http://mrem.bernama.com/viewsm.php?idm=28354

Dreams Of Couple To Step Foot On Holy Land Becomes A Reality After Winning Umrah Package

KUALA LUMPUR, Jan 26 (Bernama) -- The dreams of a husband and wife couple to step foot on the holy land of Makkah, became a reality after winning the grand prize 'Umrah' package' in the Thohir 2016 Campaign organised by the Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP) and Zakat Collection Centre, here today.

Aduni Ambar @ Ahmad, 49, winner of a package for two to perform 'Umrah' with her husband said she had participated in the campaign simply to fulfill her obligation to pay Zakat as a Muslim, without expecting the 'gift'.

"I did not expect to win the grand prize but praise to Allah, my dream of stepping foot on the holy land will become a reality," she told reporters when met here today.

Zulkifli Samsudin, 43, winner of the second prize took home a holiday package worth RM5,000 while third place winner Hasnah Mohamad, 56, received a 50" TV set worth RM3,000.

PPZ-MAIWP chief executive officer Mohd Rais Alias said the campaign which was organised for the first time to encourage more people to pay Zakat, had received overwhelming response.

"We will continue to encourage participation in the campaign by going down to the ground to meet the people and brief them of the benefits plus open information counters to interact with the Zakat officers in their respective areas," he said.

Also present was CIMB Islamic Bank chairman Datuk Dr Syed Muhammad Syed Abdul Kadir.

The campaign which encourages those paying Zakat to adopt the salary deduction payment method through online using the Thohir scheme.

From October to December last year, 2,143 people participated in the campaign.

-- BERNAMA

PBS Signs MoA With MIHRM To Introduce MBA In Human Potential Management

KUALA LUMPUR, Jan 26 (Bernama) -- Putra Business School (PBS) signed a memorandum of agreement (MoA) with the Malaysian Institute of Human Resource Management (MIHRM) to nurture future leaders to practise human governance values by introducing Master of Business Administration (MBA) in Human Potential Management.

PBS in a statement today, said the MBA programme also catered to the needs of top managers, focusing on human potential management and leadership skills.

"The collaboration with MIHRM is essential to achieve PBS' objective of nurturing human leaders," it said.

The MoA was signed by PBS president and chief executive officer Prof Dr Zulkornain Yusop and MIHRM deputy president Dr Henry Yeoh at the Putra Business School, Universiti Putra Malaysia in Serdang yesterday.

According to the statement, PBS is one of the elite business schools in the region, having received the respected Association to Advance Collegiate Schools of Business accreditation.

-- BERNAMA