Business

AGROBANK OFFERS RM300 MILLION TO EMPOWER DIGITAL-BASED BUSINESSES

Business, General, Tech /

SERDANG, 13 SEPTEMBER 2024 – Agrobank today signed a memorandum of understanding with Borong (formerly known as Dropee) with financing amounting to RM300 million offered to micro, small and medium enterprises (MSMEs) through the Digital Niaga Program. This initiative is a strategic collaboration in an effort to develop a digital agriculture and agribusiness-based ecosystem.  The […]

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MDV STRENGTHENS FINTECH PARTNERSHIP WITH CAPBAY THROUGH NEW RM5 MILLION FACILITY TO BOOST SME GROWTH

Business /

KUALA LUMPUR, 19 SEPTEMBER 2024 – Malaysia Debt Ventures Berhad (MDV) today announced the continuation and expansion of its strategic partnership with CapBay, a leading FinTech company specialising in Peer-to-Peer (P2P) financing and supply chain finance. MDV is extending a new RM5 million facility to CapBay, furthering joint efforts to support the growth of tech-driven

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AKPK – foodpanda Launched Go Giggers Financial Literacy Programme 2024 To Provide Financial Literacy Awareness To Gig Workers

Business /

KUALA LUMPUR, 17 September 2024 – Agensi Kaunseling dan Pengurusan Kredit (AKPK) and Delivery Hero Malaysia Sdn. Bhd. (foodpanda), in collaboration with Bank Simpanan Nasional (BSN) launched the Go Giggers Financial Literacy Programme 2024 to provide awareness to gig workers on prudent financial management. The programme was launched together with the signing of a collaboration

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MDV’S AA3/STABLE/P1 RATINGS REAFFIRMED, REFLECTING ITS CONTINUED STRATEGIC ROLE IN SUPPORTING MALAYSIA’S TECHNOLOGY SECTOR

Business, General, Tech /

KUALA LUMPUR, 13 September 2024 –  RAM Ratings has reaffirmed Malaysia Debt Ventures Berhad’s (MDV) AA3 corporate credit rating and short-term rating of P1, with a stable outlook. These ratings also apply to MDV’s RM2.0 billion Conventional and Islamic Commercial Papers/Medium-Term Notes Programmes, established in 2022. The reaffirmation of MDV’s ratings underscores its continued significance

MDV’S AA3/STABLE/P1 RATINGS REAFFIRMED, REFLECTING ITS CONTINUED STRATEGIC ROLE IN SUPPORTING MALAYSIA’S TECHNOLOGY SECTOR Read More »

From Malaysia to Silicon Valley: Midwest Composites Set to Compete in Startup World Cup Grand Finale

Business, General, news, Tech /

Kuala Lumpur, 10th September 2024— Growth Charger, a leading startup accelerator and incubator, successfully hosted the Malaysia Finals of the Startup World Cup 2024, with Cradle Fund Sdn Bhd (Cradle) as the Title Partner. Held at the Asia School of Business (ASB) in conjunction with Malaysia’s Merdeka and Malaysia Day celebrations, the event granted one

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AEON Celebrates 40th Anniversary With Tree Planting Initiative

Business, Features, General /

Kuala Lumpur, 5 September 2024 – AEON CO. (M) BHD. (AEON) has launched the “Planting Seeds of Growth for Future: Creating Gardens in Schools” tree planting program across the country as part of its 40th-anniversary celebration. This program, in collaboration with the Ministry of Education Malaysia, is part of AEON’s ongoing commitment to community development

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NUREN GROUP ACHIEVES LISTING STATUS, A MILESTONE UNDER MDV’S VENTURE DEBT PROGRAMME

Business, General, news /

KUALA LUMPUR, 4 SEPTEMBER 2024 – Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) [MOF (Inc)] and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), reinforces its position as the leading technology financier in the start-up ecosystem as Nuren Group becomes the first start-up

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Unity Group’s Subsidiary (Synergy ESCO) Receives HKD 90 million (RM50 million) from Maybank’s ESG Funding for Energy Efficiency Projects in Malaysia 

Business, ESG, General /

SELANGOR, 03 September 2024 – Synergy ESCO (Malaysia) Sdn. Bhd. (“Synergy ESCO” or the  “Company”), a leading provider of energy-saving solutions and a subsidiary of the Hong Kong-listed  Unity Group Holdings International Limited (“Unity Group” or the “Group”, stock code: 1539.HK), has  achieved a significant milestone in its Malaysian operations. The Company has entered a

Unity Group’s Subsidiary (Synergy ESCO) Receives HKD 90 million (RM50 million) from Maybank’s ESG Funding for Energy Efficiency Projects in Malaysia  Read More »

CRADLE AND INVEST INDIA FORM A STRATEGIC ALLIANCE TO STRENGTHEN STARTUP ECOSYSTEMS IN BOTH NATIONS

Business /

NEW DELHI, 30 August 2024 – Cradle Fund Sdn. Bhd. (Cradle), the focal point agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have exchanged a Letter of Cooperation (LOC) to establish the India-Malaysia Startup Alliance (IMSA) through Startup India. This strategic partnership aims to

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UEM Edgenta Delivers Resilient Performance in 1H 2024, Achieves Strategic Milestones  

Business /

KUALA LUMPUR, 29 August – UEM Edgenta Berhad (UEM Edgenta), a leading Asset Management and  Infrastructure Solutions company in the region, today announced its unaudited financial results for the first  half of 2024, ending 30 June 2024 (1H FY2024).  UEM Edgenta reported a revenue of RM1.44 billion for 1H FY2024, marking a 6.4% increase compared 

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