PETALING JAYA: Bursa Malaysia Bhd will launch the Voluntary Carbon Market (VCM) exchange this year to enable companies to purchase voluntary carbon credits from climate friendly projects and solutions that will support financing for projects and solutions that reduce, remove or avoid greenhouse gas emissions (GHG). Bursa Malaysia said the VCM exchange will allow buyers … Read more
PETALING JAYA: Foreign buying of local equity on Bursa Malaysia continued for the fourth consecutive week with net foreign inflow of RM451.7 million last week, which was 16.4% higher than the RM388.21 million of net buying seen in the week prior, according to MIDF Research. It said that last week started with the foreign funds … Read more
KUALA LUMPUR: Touch ‘n Go Group has launched GOinvest, its proprietary digital investment platform, accessed through Touch ‘n Go eWallet. GOinvest promotes choice and financial inclusion on a secure platform open to all Touch ‘n GO eWallet users. Eventually GOinvest will enable all Touch ‘n Go eWallet users to access and choose from a range … Read more
PETALING JAYA: The Golden Bull Award, which acknowledges SME who have shown outstanding resilience and quick thinking to adapt and evolve in an ever-changing market environment, has recognised over 200 Malaysian SME in its 20th edition this year, with nine Malaysian SME awarded the coveted Super Golden Bull Award yesterday. The nine Super Golden Bull … Read more
PETALING JAYA: Maybank Investment Banking Group subsidiary Maybank Securities Pte Ltd in Singapore and merchant banker BOB Capital Markets (Bobcaps) in India have entered into an agreement to strengthen their India offering to clients in Asean and the world. This tie-up enables Maybank to enhance its product coverage to global institutional clients while allowing Bobcaps … Read more
PETALING JAYA: Foreign investors registered their third consecutive week of net buying last week as Malaysia saw RM388.2 million of net foreign inflows – more than a twofold increase from the week prior. MIDF Research said foreign investors were only net sellers on Tuesday at RM40 million, but this was more than offset by the … Read more
PETALING JAYA: Yinson Holdings Bhd’s green technologies division Yinson GreenTech, through its joint venture company Green EV Charge Sdn Bhd has signed a memorandum of understanding (MoU) with GoCar Mobility Sdn Bhd to provide charging infrastructure facilities and solutions, along with customer care services to GoCar’s electric vehicles (EV) users. The companies will roll out … Read more
KUALA LUMPUR: Despite concerns over rising inflation, the local industrial real estate sector continues to flourish while the retail sector is slowly recovering, according to property consultancy Knight Frank Malaysia. According to its latest report Real Estate Highlights for H1’22, the local industrial sector has seen steady growth in recent years, largely due to a … Read more
KUALA LUMPUR: Alliance Bank Malaysia Bhd has introduced a new syariah-compliant financing option through its digital SME solution to assist micro and small businesses, especially those operating in the halal industry or those who prefer an Islamic-permissible funding. The quick and easy-to-apply digital financing alternative which is based on the Islamic concept of commodity murabahah … Read more
PETALING JAYA: Foreign funds continued to flow into Malaysia for the second consecutive week as they net bought RM152.9 million last week, compared to RM191.3 million the week before. MIDF Research said foreign funds were net sellers only on Tuesday at RM14 million just prior to the US Federal Open Market Committee (FOMC) meeting, but … Read more
PETALING JAYA: IOI Properties Group Bhd (IOIPG) has teamed up with Affin Bank Bhd to offer homebuyers financing solutions through the Affin Home Step Fast/i loan. Affin Home Step Fast/i loan is a home loan designed to appeal to all spectrums of homebuyers and property investors, which will feature low monthly repayments for the first … Read more
KUALA LUMPUR: Pacific Trustees Bhd and OCBC Bank (Malaysia) Bhd have entered into an agreement to make estate planning and integrated corporate services accessible to more Malaysians. Through the collaboration, both parties will share their experience and leverage their combined resources to offer added value to their clients. With this, customers can look forward to … Read more
KUALA LUMPUR: TNG Digital Sdn Bhd, the owner and operator of Touch ‘n Go eWallet, has raised RM750 million from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada group and a follow-on investment by TNG Digital’s current shareholder and parent company Touch ‘n … Read more