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Posted on June 28, 2023

Malaysia’s Felda to issue sukuk, revolving credit under debt restructuring plan

The Malaysian government has agreed to restructure the debts of state palm oil plantation agency Felda through the issuance of sukuk and revolving credit, the Finance Ministry said on Wednesday. Prime …
Posted on June 28, 2023

Ultra-rich shun luxury of owning property in Malaysia

Unlike Singapore, where the ultra-rich are purchasing opulent and high-cost homes, few have put their money in Malaysia.

( read original story …)



Posted on June 27, 2023

Banks in Malaysia play critical role in shaping ESG investing for customers, stakeholders, says ABM chief

Banks in Malaysia have a critical role in shaping the environmental, social, and corporate governance (ESG) investment agenda, not only in terms …
Posted on June 26, 2023

CEO of Malaysia’s largest pension fund warns body could divest from companies not committed to ESG goals

Malaysia’s Employment Provident Fund (EPF) is ready to engage and guide companies towards stronger ESG compliance, but they must be transparent and take progressive action, says Datuk Seri Amir Hamzah …
Posted on June 26, 2023

Investing selectively in recovering property sector

This article first appeared in Capital, The Edge Malaysia Weekly on June 19, 2023 – June 25, 2023 ALTHOUGH the property sector appears to lack significant catalysts to stage an exciting recovery, …

( read original story …)



Posted on June 26, 2023

Indonesia’s Pertamina, Malaysia’s Petronas aim to take over Shell’s Masela stake

Indonesia’s state energy company Pertamina and Malaysia’s Petroliam Nasional (Petronas) plan to jointly take over Shell’s participating interest in the Masela gas project, Indonesia’s energy minister said on Monday.
Posted on June 26, 2023

Indonesia considers merging airport operating companies Angkasa Pura I and Angkasa Pura II

It has always seemed a little strange that where Thailand, Malaysia and Vietnam each have one main organisation to manage their airports, Indonesia has two. There may be historical reasons for it, but …
Posted on June 25, 2023

In Malaysia, Umno’s calls to free Najib risk fracturing Anwar’s unity government as first election test looms

The Malaysian PM’s uneasy alliance with rivals Umno will soon face its first real electoral test in 6 statewide polls seen as a barometer of support Analysts say no good can come from pardon chatter for corrupt ex-leader Najib,
Posted on June 25, 2023

Minister: Malaysia’s farmers may have ‘worrying’ yield amid hot weather and haze, farms expect less harvest

Malaysia’s farmers may have “quite worrying levels” of harvest from their crops due to the hot weather and the expected transboundary haze or
Posted on June 24, 2023

Sime Property feted as Top 10 developer in BCI Asia Awards 2023

KUALA LUMPUR: Sime Darby Property Bhd has been named one of Malaysia’s Top 10 Developers at the BCI Asia Awards 2023.

( read original story …)



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