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Sekatarakyat Launches RM2 Bln Wakalah Sukuk

PUTRAJAYA, Nov 20 (Bernama) -- Koperasi Kakitangan Bank Rakyat Bhd (Sekatarakyat) has entered into a collaboration with Bank Islam Malaysia Bhd through the issuance of RM2 billion worth of Wakalah Sukuk, marking the cooperative's inaugural entry into the Shariah-compliant capital market.

Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant

KUALA LUMPUR,  Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.

IATA, Malaysia, Japan, Industry Partners Urge Stronger Global Cooperation In Aviation Climate Action

KUALA LUMPUR, Nov 19 (Bernama) -- The International Air Transport Association (IATA), together with Malaysia, Japan and leading industry stakeholders, have urged governments and the international community to reaffirm the International Civil Aviation Organisation (ICAO)’s leadership and accelerate coordinated climate action toward net-zero aviation by 2050. 

Bursa Malaysia Ends Lower On Broad-based Weakness, Tracking Regional Peers

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based weakness in the local bourse, in line with regional markets.

Fiscal Discipline Has Enabled Ringgit To Be Top Performer Among Asian Currencies - PM Anwar

KUALA LUMPUR, Nov 18 (Bernama) -- Fiscal discipline and systematic management of the national economy have enabled the ringgit to record the best performance in all of Asia, according to Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Opens Slightly Lower, Tracking Wall Street's Performance Overnight

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia opened marginally lower this morning, taking its cue from Wall Street’s downbeat performance overnight. 

Sarawak Enhances Islamic Financial Offerings Through DBOS

KUCHING, Nov 17 (Bernama) -- The launch of the Islamic Banking Window by the Development Bank of Sarawak (DBOS) not only strengthens its financial offerings but also reinforces Sarawak’s commitment to inclusive, value-based development.

China Urges ASEAN To Priortise Manufacturing For Global Competitiveness

BEIJING, Nov 15 (Bernama) -- ASEAN countries should pay more attention to the manufacturing sector to improve competitiveness in the global market, said Prof Xu Jie of the Department of Economics at the CPC Central Party School (Chinese Academy of Governance).

Bank Islam’s Sadaqa House Provides Scholarships For Orphans, Asnaf And B40 Students

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Islam Malaysia Berhad (Bank Islam), through its globally recognised social finance driver, Sadaqa House, continues to reinforce its commitment to empowering the next generation, especially orphans, asnaf individuals, and the B40 group, through the disbursement of Sadaqa House Scholarship and Education Grant.

EPF Shariah-compliant Savings Account Offers Competitive Dividends

By Farhana Abd Kadir

SHAH ALAM, Nov 13 (Bernama) -- The Employees Provident Fund (EPF) Shariah-compliant savings option not only can purify earnings but also provides contributors with competitive dividend yields that will not be detrimental to them, an economist said.

Khazanah Invested Over RM4 Bln In Desaru Coast And Legoland Malaysia - MOF

KUALA LUMPUR, Nov 12 (Bernama) -- Khazanah Nasional Bhd, through its wholly owned subsidiary Destination Resorts and Hotels Sdn Bhd, has invested over RM4 billion in the development of Johor’s Desaru Coast and Legoland Malaysia Resort, according to the Ministry of Finance (MOF).

Visa Unveils Stablecoin Payouts Pilot To Allow Businesses To Pay Directly To Stablecoin Wallets

From Danni Haizal Danial Donald

SINGAPORE, Nov 12 (Bernama) -- Global leader in digital payments, Visa Inc has announced a breakthrough pilot programme allowing businesses and platforms to send stablecoin payouts directly to recipients’ stablecoin wallets.