1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Walee Group announced that Hakeem, the flagship Islamic Nano-financing product of its financial services division, “Walee Financial Services”, has been nominated for the 2024 Singapore FinTech Festival - FinTech Excellence Awards.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate RM200 million to small and medium enterprises (SMEs) through the newly launched Future Ready Financing (FRF) initiative.
1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- IGB Bhd has proposed to establish a medium-term notes (MTN) programme of RM5 billion in nominal value.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.
1y ago
MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- The Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is aiming for RM10 billion in sustainable financing and RM1 billion in green financing by 2030, as outlined in its Sustainability Roadmap 2.0.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Bina Puri Holdings Bhd’s subsidiary, Sumbangan Lagenda Sdn Bhd, has completed the drawdown of its RM73 million credit financing facility from MBSB Bank Bhd.