SINGAPORE – Media OutReach – 19 January 2023 – Chubb today announced the appointment of Hng Keng Yoong as Country President for its general insurance operations in Singapore, subject to regulatory approval. Currently, she serves as the Chief Operating Officer for Chubb in Malaysia.
In her new role, Keng will have overall responsibility for the business and financial performance of the operation across all lines of business, which comprises property and casualty, accident and health and personal lines insurance. She will also oversee all affinity partnerships. Keng will report to Edward Ler, Executive Vice President and Head of Southeast Asia for Chubb.
Keng has extensive experience in both life and general insurance. Her 20-year career spans across Asia and the United Kingdom. Since joining Chubb in 2010, she has worked in various capacities within its Regional Accident & Health, Finance, and Strategic Planning teams in Asia Pacific based in Singapore.
According to Edward, “Keng is a seasoned insurance executive who has consistently demonstrated strong acumen and strategic leadership. A talented individual who has grown her career with Chubb, I’m confident that Keng’s expertise will strengthen Chubb’s position as a leading general insurer in Singapore. She will certainly enable us to deepen and optimize our relationships with important strategic partners in the region.”
Hashtag: #Chubb
The issuer is solely responsible for the content of this announcement.
About Chubb
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide.
The First-Ever Door-To-Door Fastest Laundry Pick-Up Service in Malaysia
KUALA LUMPUR, MALAYSIA – Media OutReach – 19 January 2023 – dobiQueen, the innovative, premier self-service laundry provider in Malaysia, is excited to officially announce the launch of its new “6-Hour Laundry Pick-Up.” The first of its kind in Malaysia, this service allows customers to have their laundry picked up, cleaned, and returned to them in as little as six hours. It is perfect for the New Year season spring cleaning of curtains, duvets, and larger launderable items.
With dobiQueen’s new 6-Hour Laundry Pick-Up, time-starved individuals are now able to unburden themselves from the stresses of everyday chores with a service that seems almost miraculous. For those wishing they can simply place their dirty laundry outside their door, to be picked up and cleaned, and returned fresh and folded within hours – that is now a reality. Fast, easy, and processed entirely online, all orders for the new service can be fulfilled within six hours, or at another convenient time, if placed before 12:00 p.m.
“At dobiQueen, we are intensely focused on solving our customers’ problems, and we believe that finding a solution is always possible. Other innovations we have implemented include our free transfer from washing machine to the dryer as we noticed our customers wanted to run errands, and the half-hour transfer was a huge hassle and deeply disruptive,” says Nini Tan, the CEO, and Co-Founder of dobiQueen.
“That’s why I’m thrilled to announce our new 6-Hour Laundry Pick-Up, perfect for those last-minute spring cleaning needs. We’ve tested the delivery window extensively over the past few months, and I am now confident to claim to be the first to be able to deliver this offering in the market. I’d like to invite all to come and experience the convenience and efficiency of dobiQueen in this festive period.”
As a company that prides itself on being the first in providing perfume-smelling laundry services at affordable prices, dobiQueen uses only high-quality detergents and softeners. Combined with their commercial-sized washing machines that can handle large pieces like duvets and blankets, your garments are ensured to be laundered to the highest standards. The new laundry pick-up is no exception to this commitment. In addition to the new service, dobiQueen offers a range of laundry services, including wash and fold, washer-to-dryer transfers, and more.
With Chinese New Year just around the corner, now is the perfect time to take advantage of the new 6-Hour Laundry Pick-Up to prepare the home and the wardrobe for the festive season ahead. The brand operates over 72 outlets in the Klang Valley, making it easy for customers to find a location that is convenient for them. For more information about dobiQueen and its services, visit www.dobiqueen.my.
Just in time for Chinese New Year, dobiQueen is providing a special Spring Cleaning Offer. This exclusive promotion includes four laundry bags (wash & dry only) for the price of three that can fit up to four 32kg machines capable of laundering large items, from bedsheets and comforters to cushion and sofa covers, and more.
Originally priced at RM140, this promotion is available at RM99 for a limited time only. To learn more about dobiQueen’s Spring Cleaning Offer, visit delivery.dobiqueen.my.
Hashtag: #dobiQueen #6HourLaundry
The issuer is solely responsible for the content of this announcement.
About dobiQueen
Founded in 2015 by Nini Tan and Seng Lee Tan, dobiQueen aims to lessen the burden of everyday chores by providing easy and convenient services for a faster, cleaner laundry alternative. With over 72 outlets throughout Klang Valley, dobiQueen offers a range of services for a wide variety of laundry types without hidden costs, including coin-operated self-service laundry and 6-Hour Laundry Pick-up. Each dobiQueen guarantees consistent, high-quality perfume wash using ELECTROLUX Professional equipment and the finest detergents from Dynamo and Downy. For more information, visit www.dobiqueen.my.
YouBiz has launched its first white paper on spend management, with analysis of over 60,000 business transactions from over 4,500 companies, and surveys with over 160 SME executives in Southeast Asia today.
The press release highlights emerging spend insights YouBiz uncovered and how spend management will be the key growth driver for SMEs in 2023. For more information on the 2023 Business Spend Insights report by YouBiz, please visit: https://www.you.co/biz/2023-biz-spend/
Reducing operational costs emerged the top business priority among all SMEs surveyed
Over 85% of SMEs are exposed to currency fluctuations as cross-border transactions increase with the acceleration of global expansion plans
As borders reopen, SME travel and entertainment spend increased by 2X in the last two quarters of 2022
SINGAPORE – Media OutReach – 19 January 2023 –YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023. Titled ‘2023 Business Spend Insights: Keys to SME Success in Uncertain Times’, the report analyses over 60,000 business transactions from over 4,500 companies, and surveys with over 160 SME executives in Southeast Asia.
Reducing operational costs was identified as the top priority for SMEs as macro conditions for 2023 remain uncertain. As borders reopened last year, business travel resumed and companies doubled their travel and entertainment spend in the last two quarters of 2022. Cross-border payments also surged, with more than 7 in 10 SMEs facilitating foreign currency transactions monthly as they worked with overseas suppliers and partners to establish operations in new markets. This has however led to a spike in overall operating costs.
“In our conversations with SMEs, the issue of reducing operational costs and spend management surfaced numerous times. YouBiz understands that as companies emerged from the pandemic, they grew even more prudent in the face of continued economic uncertainties. And as borders reopened, the increase in cross-border payments drove greater urgency and need for better spend management,” said YouTrip Co-Founder and CEO Caecilia Chu.
“As a valuable and reliable partner of SMEs, YouBiz is committed to helping businesses harness their full potential by uncovering spending trends, challenges and considerations, as well as showcasing best practices and case studies in our in-depth report, to help companies better forecast and manage their business spend for the year ahead,” she added.
Reducing operational costs is imperative in the face of economic uncertainties
Reducing overall operational costs emerged the top business priority for SMEs in 2023 as business leaders ready themselves for impending challenges and volatility ahead, despite the positive economic growth in the region.
Among SMEs surveyed, reducing operational costs (40%) takes precedence over the development of new products and services (30%), improving real-time spend management (17%) and finding new supply chain partners (10%).
But as borders reopen, SMEs are hungry for new growth opportunities overseas
Global business travel is expected to reach US$1.4 trillion in 2024, a year sooner than forecasted. SME owners are riding this resurgence of business travel, increasing their travel and entertainment (T&E) spending by 2X in the last two quarters of 2022. This upward trend is projected to continue into the first quarter of 2023.
Based on the report findings, companies in the professional services industry (35%) invest the most in business travel. Executives of these companies are keen to budget more for travel spend to expand sales in new markets and reinforce partnerships that have been affected by the lack of face time during the pandemic.
Over 85% of SMEs are exposed to FX fluctuations with the increase in cross-border payments
With easier and quicker access to payments in most foreign currencies globally, SMEs are able to venture into overseas markets without compromising on their rate of growth, operational efficiency and cashflow. 56% of SMEs surveyed regularly transact with foreign currency including card spend, making and receiving payments – with more than 90% transacting S$50,000 or more.
However, 86% of SMEs face exchange rate fluctuations on their frequent transactions in foreign currencies. Without the necessary tools to hedge against foreign currency fluctuations, SMEs are likely to incur opportunity costs as a result of overestimating or underestimating their overseas expenses – impacting the overall operational costs of working with overseas partners.
Leveraging spend management tools reduces operational costs and builds business resilience
Adopting the right spend management solution enables SMEs to have real-time control of various budgets, and the tools to effectively manage FX fluctuation risks that arise from cross-border payments. This is essential as YouBiz estimates 8 in 10 SMEs do not have full visibility on company spend. SMEs are also looking out for easy-to-use, affordable and convenient solutions that are complementary to their business operations and support the various foreign currencies they frequently transact in.
Caecilia added, “As SMEs evaluate the myriad spend management tools in the market, YouBiz aims to advise them on the key areas of spend management and resource optimisation, and share with business owners timely insights that will propel their growth to the next level.”
The issuer is solely responsible for the content of this announcement.
About YouBiz
Launched in 2022, YouBiz is the leading multi-currency corporate card and spend management platform for SMEs. Built by YouTrip, a first-mover in the Southeast Asian fintech and digital payments space, YouBiz provides SMEs and startups with an easy-to-use, convenient and affordable spend management platform to power their cross-border payment needs and global expansion plans.
Today, YouBiz is one of the fastest growing spend management fintechs and a reliable partner for SMEs as they accelerate their business growth with the best in market exchange rates, at zero FX fees.
A video was released by the Center of Information and Education for Health under the Lao Ministry of Health earlier this month, reporting on dengue fever cases in 2022 that infected 32,364 people and caused 24 deaths.
HONG KONG SAR – Media OutReach – 19 January 2023 – Since opening our first store in 2011, Hyakunousha has grown into a business of over 110 stores all around Hong Kong, promoting Omusubi culture throughout the city. To bring the essence of the tradition of Omusubi to customers worldwide, we established our new brand OMUSUBI in 2022, and invited Mr. Kashiwa Sato, a design master in Japan, to partner with us as Creative Director, while applying the concept of sustainability and environmental-friendliness at every detail of the brand. Following our new stores at ifc mall and SOGO Causeway Bay last year, our new store in Taikoo Place, Quarry Bay, has recently opened for business on 5 January 2023, while the store in Lan Kwai Fong, Central, will run on soft-opening from 12 January 2023. This further signifies the footprint expansion in prime districts on Hong Kong Island. OMUSUBI continues to use fresh and healthy ingredients as well as Japanese rice of the highest quality from selected farmers. By carefully selecting rice cultivated and produced with minimal use of pesticides and in an environmentally friendly manner, the brand recreates an authentic taste of Japan by producing safe and assuring products in a craftsman-like and environmentally friendly manner.
Mr. Muneo Nishida, the founder of the brand, said, “In the short term, we will continue to expand the local business; and with the relaxation of border control, we are diligently working towards opening stores overseas.”
Our new store in Taikoo Place is the first OMUSUBI store to offer a seating area for customers to enjoy the delicious soup and Omusubi. Mr. Kashiwa Sato, brand creative director, has been overseeing the design of the brand. In accordance with our principle of environmental protection and sustainability, the store design uses white cloth, brass and white wood as primary materials, and it is in line with the brand’s overall consistency.
In celebration of the first anniversary of OMUSUBI and the opening of our new stores, OMUSUBI is pleased to introduce time-limited menu items, including: Japanese Clear Clam Soup, Scallop with Red Snow Crab Paste Omusubi and Slightly-grilled Spicy Hokkaido Mentaiko Omusubi (coming soon in February). The menu features altogether over 20 flavors of Omusubi and 3 Japanese soups made from natural Japanese ingredients. Finally, OMUSUBI offers a series of promotions to celebrate the anniversary and to thank customers, starting with a limited-time Triple Offer at Taikoo Place. This includes: a free Cotton Handbag giveaway (valued at $90 and conditions apply) and special discounts for set menus with soup; the next batch of promotions will arrive after the Lunar New Year, with more exciting time-limited surprises!
Limited Offer to Highlight the Beauty of Ingredients
Japanese Clear Clam Soup
The clear soup uses many kinds of kombu, including Ma-kombu from southern Hokkaido and Rishiri-kombu from Rebun Island in Hokkaido. Both umami and flavour profile layers are enhanced by adding shiitake mushroom and sea salt for taste, as well as full bites of clam meat and chopped fresh spring onions.
The ingredients include different kinds of kombu with different characteristics: Ma-kombu is thick and sweet, and the broth it brews is more clear-coloured, making it suitable for premium cooking; whereas the Rishiri-kombu, also a premium product, adds an elegant aroma and brightness to the broth.
Scallop with Red Snow Crab Paste Omusubi
Made with Yesso scallops carefully selected from Aomori Prefecture and mixed with shredded red snow crab meat and crab paste. The rich aroma and creamy mouthfeel combine to create the ultimate luxurious enjoyment.
Slightly-grilled Hokkaido Mentaiko Omusubi (To be launched in Feb)
We choose pollock roes produced in Hokkaido as filling. These are of premium quality, and customers can feel individual roes when they bite into the mentaiko.
The mentaiko are preserved instantly at local facilities to lock in the umami-rich flavor. From its full size, the mentaiko is cut down to large chunks containing the roes. After flame grilling, its surface has a charcoal-grilled aroma while the interior is kept fresh and soft just like sashimi, and customers can enjoy this unsurpassed, superior deliciousness.
The mentaiko are gone through prolonged low temperature heating procedures for bacteria killing purpose, so adults and kids alike can enjoy it with no worries.
Showcasing the Art of “Omusubi + Japanese Soup”
In Japanese families, Omusubi and soup go hand in hand. OMUSUBI presents premium Omusubi and Japanese soups to you and begins a journey of authentic taste of Japan with the art of best mixing and matching food here.
Omusubi and Japanese Soup Combo #1 Soup: Japanese Clear Clam Soup Omusubi: Premium Kishu Pickled Plum Omusubi / Slightly-grilled Spicy Mentaiko Omusubi About this combo: Let the delicate and fresh sweetness in the Japanese Clear Clam Soup meet the refreshing and appetizing Premium Kishu Pickled Plum Omusubi for a traditional Japanese meal with minimal calorie intake. You can also pair this with the Slightly-grilled Spicy Mentaiko Omusubi, of which the texture of slightly spicy roes is best balanced by the clear broth. Another way of making your meal more fun is to make the traditional dish “tea with rice” (chazuke). It’s simple and easy to make this surprisingly enjoyable Omusubi and soup with a twist! (Try this: Enjoy the clam flesh and discard the shells, then mix in an Omusubi of a milder flavor, such as pickled plum, mentaiko or salmon, to create a hot soup rice.)
Omusubi and Japanese Soup Pairing #2 Soup: Kyoto-style Beancurd Skin Soymilk Soup (Yuzu Flavor) Omusubi: Kinpira Renkon Omusubi / Spicy Beef Tongue in Green Pepper Miso Omusubi About this combo: The Kyoto-style Beancurd Skin Soymilk Soup (Yuzu Flavor) is a vegetarian Japanese soup, so we recommend pairing it with the Kinpira Renkon Omusubi for a full vegetarian package. You can find beancurd, soy milk and kombu as soft soup stuff bringing contrast to the bright and crunchy renkon (lotus roots) and carrots in the Omusubi. If you would like to wake the taste buds up, why not give the Spicy Beef Tongue in Green Pepper Miso Omusubi a try as another pairing with the soup? The mild and spicy flavors come together to make quite the impact of taste.
Omusubi and Japanese Soup Pairing #3 Soup: Kurobuta Pork and Vegetables Miso Soup Omusubi: Scallop with Red Snow Crab Paste Omusubi / Slightly-grilled Spicy Mentaiko Omusubi About this combo: The Kurobuta Pork and Vegetables Miso Soup (made with Japanese Roppaku Kurobuta pork) and the Scallop with Red Snow Crab Paste Omusubi both make use of high quality, premium ingredients from Japan, and you can tell this from their rich and layered mouthfeels. Building on this, you can enjoy the Slightly-grilled Spicy Mentaiko Omusubi, the spicy flavour of which enhances the depth of white miso in the soup and brings a new level of umami.
1st Wave Promotion: Taikoo Place Store Exclusive Triple Offers
To celebrate the opening of the new Taikoo Place store, OMUSUBI has specially prepared time-limited triple offers to share our happiness with our customers!
Offer 1: Purchase one soup item at a discounted price of $30 (Choose 1 out of 3, worth $48) upon the purchase of any Omusubi after 11am.
Offer 2: Gifted with a beverage of your choice (worth $17 or above), plus purchasing one soup item at a discounted price of $30 (Choose 1 out of 3, worth $48) upon the purchase of any bento.
Offer 3: Gifted with a Japanese-styled cotton handbag with brand logo designed by Mr. Kashiwa Sato, the renowned creative director in Japan (worth $90) upon purchase of $50 or above. Each customer is limited to 1 gift, gift while stocks last.
Promotion period: Now until 20 January 2023
2nd Wave Promotion: Details to be announced in due course – stay tuned.
Brand Philosophy
1. Safe and assuring
OMUSUBI upholds the principle of being kind to people, so we only purchase Japanese rice from farmers whom we really know in person. By carefully selecting rice of the highest quality with minimal use of pesticides and well-managed cultivation and production, we adopt safe and assuring rice to make the Omusubi taste better.
2. Environmental Conservation
The rice used to make Omusubi is a blessing from nature, so OMUSUBI also values the environmentally friendly principle during the production process. Besides using greener materials in product packaging and store design, the farmers we are working with take more environmentally friendly measures in the process of rice cultivation, such as stopping the use of plastic-coated controlled release fertilizers and reducing the production of methane gas.
3. Japanese Tradition
Japanese rice is the star of the Japanese dishes. So, the rice selected by OMUSUBI is striking in terms of shine, aroma, sweetness, and aftertaste. The fillings, as the best companion to rice to make Omusubi, are often inspired by traditional Japanese cuisine and are made with in-season ingredients to bring out the authentic taste. With the soup stock made of fresh Japanese ingredients, our soup is turned into a healthy dish with a rich taste and natural seasoning, making it an appetizing and satisfying choice for customers.
Mr. Kashiwa Sato, Creative Director
OMUSUBI was established with the concept of safe and assuring, environmental conservation, and Japanese tradition. We were able to bring in a strong partner who shared our vision – Mr. Kashiwa Sato, the leading creative director in Japan, who oversaw the branding and creative direction of the well-known UNIQLO.
Sushi from Japan is world-famous, but not many know about Omusubi. We decided to name the new brand OMUSUBI to express the strong will to inherit the food culture of Omusubi that was built by our predecessors and to spread it to the world. Our logo consists of a red triangle icon and the word OMUSUBI in a triangular logotype. Besides symbolizing the enthusiasm of Hyakunousha and its founder, Mr. Muneo Nishida, the red brand colour also expresses “the blessing of nature from the sun”, and the warm heart that “Omusubi should be kind to people and kind to the earth”. Also, the wordings of O・MU・SUBI in a triangular logotype are a fun way for people to remember the brand name.
Implement the Concept of Sustainability
From ingredients, packaging, to the construction materials of our stores, OMUSUBI keeps sustainability in mind, and we expect our customers to contribute to environmental protection while enjoying the delicious food. We are proud to offer 100% selected Japanese rice that is pesticide-reduced, and environmentally friendly. We also use paper for a part of package to replace plastic. The package of our green tea, jasmine tea and coffee uses aluminium which is easily recyclable. The package of our juice is made of 100% recycled plastic, except for the cap. In addition, organic cotton and brass are the main materials for the decoration of our stores. The use of plastic is reduced compared to our existing shops of the same size.
Taikoo Place Store (New)
Address: Shop E, 1/F, Devon House, Taikoo Place, 979 King’s Road, Quarry Bay
Opening hours: Monday to Friday: 07:30-20:00 Saturday: 07:30-14:30
Sunday and public holidays: Closed
Lan Kwai Fong Store (Soft Launch from January 12, 2023)
Address: Shop B2, UG/F, Century Square, 1-13 D’Aguilar Street, Central, Hong Kong Hashtag: #omusubistore #omusubihk #omusubi
The issuer is solely responsible for the content of this announcement.
OMUSUBI
About Hyakunousha International Limited (“Hyakunousha”)
Founded in Hong Kong in 2010 by Mr. Muneo Nishida, Hyakunousha was born out of a desire to reverse a decline in Japan’s agricultural production and create the agriculture of the next hundred years. Since launching hana-musubi’s first store in Hong Kong in 2011, the company now has over 110 stores in Hong Kong, and a central food factory that houses its offices and Hyakunousha Academy (education centre) and employs over 700 people. Having successfully established the Japanese Omusubi culture in Hong Kong, the company launched the OMUSUBI brand in 2022 to take the Omusubi culture and authentic taste of Japan to the world. Dedicated to delivering high-quality products to its customers, Hyakunousha maintains stringent control over its production processes and agricultural practices.
MSIG Matches Public Donations to Food Aid Foundation to Assist Flood-Impacted B40 Families
MSIG Malaysia and Food Aid Foundation renews their partnership for a second year through the Pledge A Difference initiative to help flood-affected communities.
KUALA LUMPUR, MALAYSIA – Media OutReach – 19 January 2023 – MSIG Insurance (Malaysia) Bhd “(MSIG Malaysia)”, has renewed its partnership with Food Aid Foundation (FAF) through its ‘Pledge A Difference’ initiative. The initiative, now in its second year, aims to help flood-affected families and communities through MSIG and the public’s donations.
A total of RM50,000 was raised through the initiative. This was comprised of a RM30,000 donation from MSIG and a combined contribution of RM20,000 from public donations, which were matched ringgit-to-ringgit by MSIG.
Commenting on the ‘Pledge A Difference’ initiative, MSIG Chief Executive Officer Mr. Chua Seck Guan said, “We are delighted to renew our commitment and partnership with Food Aid Foundation following the success of the last year’s ‘Pledge A Difference’ campaign that set out to help B40 communities who were affected by the pandemic and floods. We have all seen the severe floods that have impacted many areas over the past few months and as such hope that the contributions of both MSIG and the public can help provide for families in need.”
He continued, “Over the past year we have seen first-hand the amazing work that Food Aid Foundation has done and its positive impact on the communities that the organisation reached out to. As a result, we were keen to extend our commitment for another year. It only takes RM115 to provide a food and hygiene pack for one family, so we hope that the donations raised from this year’s initiative will go towards helping over 435 families in need.”
Food Aid Foundation Chief Executive Officer Dr. Dalphine Ong said, “We are pleased to be working again with MSIG Malaysia to help vulnerable communities and families. Last year’s contribution made a real difference in the lives of some underprivileged families who were hit first by the pandemic and then the floods, and we believe that this year’s contribution will have an equally positive impact. We encourage everyone to visit our website and learn more about our work at www.foodaidfoundation.org.”
The ‘Pledge A Difference’ initiative is one of many Corporate Social Responsibility (CSR) programmes that MSIG carried out over the past few years. These programmes are carefully planned and considered to ensure that they are in line with United Nations Sustainable Development Goals. MSIG makes annual monetary contributions and donations in-kind to various non-governmental organisations (NGOs) that focus on community welfare, medical care and other causes. The insurer also actively champions environmental causes through mangrove tree planting activities across the nation.
Hashtag: #MSIG
The issuer is solely responsible for the content of this announcement.
About MSIG Insurance (Malaysia) Bhd
MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) is a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of MS&AD Insurance Group Holding, Inc. (MS&AD), one of the top ten** general insurers in the world.
With over 100 years of general insurance experience and a nationwide network of 20 branches in Malaysia, MSIG Malaysia is one of the leading general insurers in Fire, Engineering and Motor classes and No.1* in Marine Cargo, offering an extensive range of products and services for personal and business needs.
MSIG Malaysia’s expertise is well recognised through its receipt of many prestigious awards. These have included the 2020 Reader’s Digest Quality Service Award – Silver winner in the Car Insurance category. MSIG was recognized for having one of the highest levels of quality service, which reflects the effort that the company has put in to satisfy consumer’s demand for high service standards. The company was also awarded the 2018 “Outstanding Property and Casualty Insurer in Malaysia” award in the InsuranceAsia News Awards for Excellence.
MSIG Malaysia was commended for leading the market with strong financial growth, investment in product innovation, enhanced digital capabilities in business and claims management systems and strong customer service proposition. Its commitment to customer service excellence through its efforts in enhancing the customer experience and industry leadership in Enterprise Risk Management also earned MSIG Malaysia the “General Insurance Company of the Year” at the Asia Insurance Industry Awards in 2015.
For more information on MSIG Malaysia, visit www.msig.com.my or facebook.com/MSIGmy.
*As of Sept 2022 **Fortune Global 500, 2021
About Food Aid Foundation (FAF)
Food Aid Foundation (FAF) is the first non-profit organization in Malaysia that rescues perishable and non-perishable surplus food. Established in 2013, our mission is to reduce food wastage and alleviate hunger and malnourishment in Malaysia.
FAF collects and distributes the excess or surplus food from wholesale and supermarkets daily and distribute to underprivileged beneficiaries consisting of welfare and charitable homes, shelters, poor families, destitute, other NGOs, refugee communities and soup kitchens.
While making efforts in preventing edible food from going to waste [official statistics published by SWCorp Malaysia that edible food being sent to landfill stands at 3,000 tones daily], FAF also addresses the issues of malnourishment and lack of nutritious food among the poor, especially children and elderly from the B40 communities. To do these, FAF partners with community organizations including NGOs and B40 residential areas through the following initiatives:
Nutritious food for charities where nutritious food supplies are channelled to charity and people in need.
Savings for charities especially on food and grocery bills for charity organization and poor families so that their living expenses can be redirected to education, medical, rehabilitation, utilities, and other expenses.
CSR for corporate donors to engage with the local communities and increase positive social impact, i.e., hunger alleviation, access to nutritious meals.
Protecting the environment by ensuring good food to be donated than going to the landfill and reduce the negative impact of food waste on the environment.