Zurich Insurance has reported a net income of $1.14bn for the first quarter of 2012, compared to $640m for the same period in 2011. Business operating profit for the first quarter of 2012 surged to $1.38bn, compared to $854m in the ...
Tags: Zurich Insurance, insurance industry, insurance market, net income
ACE Insurance has introduced a new insurance product, to offer home insurance combined with personal insurance coverage in Malaysia and Indonesia. The newly launched product, dubbed ACE Home Guard, features a protection plan, which saves ...
Tags: ACE Insurance, insurance product, insurance, home insurance
Connell Brothers,a California-based specialty industrial ingredients marketer and distributor,has opened a food application facility in Sydney,Australia. The new facility enables the company's food technicians to assist its customers in ...
Tags: ingredient, baked goods, desserts
Macquarie Group, Principal Financial Group (PFG) in the US and Singapore based United Overseas Bank have submitted their bids to takeover ING’s Asian asset management business. The deal is expected to be valued at $500m to $600m, as ...
The ‘International Symposium and Exhibition on Natural Dyes (ISEND) and the World Eco-Fibre and Textile (WEFT) Forum 2012’ will be held at Kuching, the capital city of Malaysian state of Sarawak, from 27th September to 1st ...
Tags: Natural Dyes, Textile Forum, textile market, textile industry
More than 500 exhibitors, including more than 300 local OEM suppliers, have signed up for Paperworld China, to be held at the Shanghai New International Expo Centre, Shanghai, from 19 – 21 September, 2012. Countries to be ...
A strong growth was observed in apparel exports from Bangladesh to new markets during the first three months of Bangladeshi fiscal year 2012-13 that began on July 1, 2012. From July to September 2012, Bangladesh exported US$ 4.29 ...
Malaysian textile and clothing exports are set to double to an annual value of US$7.5 billion by 2020 after advancing strongly in 2011, according to a report in Issue No 158 of Textile Outlook International from the global business ...
Tags: textile exports, clothing exports, textile industry, clothing industry
Tetra Pak, the food processing and packaging solutions provider, plans to outperform its 2010 carbon emission levels in Malaysia by the end of 2020 and still carry on with its growth. According to the company, the new environmental ...
Tags: packaging solutions, carbon emission, environmental-friendly products
Swiss insurer Zurich Insurance is likely to expand its insurance operations in a bid to gain a strong foothold in emerging markets such as China and Indonesia. The underwriter, under the guidance of its chief executive officer Martin ...
Tags: Zurich, insurance operation, China, Indonesia, insurance market
Thailand is likely to be boosted as the Asean insurance centre, in an effort to help enhance the industry to provide related services to developed economies, the country's Office of the Insurance Commission (OIC) has revealed. The country ...
Tags: Asean insurance centre, Thailand, insurance, Asia
With much anticipation,Majorbrands launches the fresh new collection of bebe clothes.The apparel collection features trendy dresses with full modern styling.The diverse collections of bebe clothes at this web store showcase some of the ...
Germany based underwriter Allianz has inked a 10-year bancassurance distribution agreement with London based HSBC, pursuant to which the latter , Indonesia, Malaysia, Australia, Sri Lanka and Taiwan. The products will be delivered by the ...
Tags: Allianz, HSBC, life insurance, insurance
Dunlopillo Holdings, the global giant of bedding industry, is planning to sell over half a million mattresses in Malaysia every year, said Thinaharan Muthusamy, Managing Director of the company, according to Bernama. Mr. Muthusamy ...
Tags: bedding industry, beddin market, beddin products, mattresses
Insurance Australia Group (IAG) is seeking to expand its foothold in the Indonesian underwriting market with an acquisition of A$100m ($102m) in Indonesia. IAG's Asia CEO Justin Breheny said the insurer has decided to partner with a bank ...
Tags: IAG, Indonesian underwriting market, acquisition, insurance