Finance

Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan

Business, ESG, Finance, news /

Issyk-Kul, Kyrgyzstan, 6 July  – The President of the Kyrgyz Republic, Sadyr Japarov, has inaugurated the Tamchy Special Financial Investment Territory (SFIT), a new international jurisdiction on the shores of alpine Lake Issyk-Kul. The first residents of Tamchy, who joined during the launch ceremony, were companies from South Korea, the UAE, Hong Kong, Switzerland and Kazakhstan. […]

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CREDIBILL AND PHARMANIAGA COLLABORATE TO ENHANCE PAYMENT FLEXIBILITY FOR MALAYSIA’S HEALTHCARE SMEs

Business, Finance, Health /

Kuala Lumpur, 10 June 2026 – CrediBill Sdn Bhd (“CrediBill”), Malaysia’s B2B Buy Now Pay Later (“BNPL”) platform powered by CapBay, has entered into a strategic partnership with Pharmaniaga Berhad (“Pharmaniaga”) to extend payment flexibility to healthcare buyers including clinics, pharmacies, and dentals across Pharmaniaga’s network. The partnership aims to address the persistent cash flow

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MG Gold Secures RM12 Million Crewstone International Investment To Accelerate Digital Gold Ecosystem Build-Out And Regional Expansion

Business, Finance, General, news, Startup, Tech /

KUALA LUMPUR, 5 June 2026 – Crewstone International Sdn Bhd (Crewstone), a licensed and regulated private equity and private credit manager, has made an initial RM12 million investment into MG Gold and Bullions (MG Gold) as part of a broader RM50 million growth plan that goes beyond capital alone, combining funding with a clearer operating

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FWD Takaful named best direct distribution channel at industry awards night

Business, Finance, news /

Kuala Lumpur, 28 May — FWD Takaful Berhad (FWD Takaful) was awarded the Best Direct Distribution Channel – Family Takaful by the Malaysia Takaful Association (MTA) at the Takaful Star Awards 2026. The award recognised the transformative efforts through FWD i-Lindung plan, a hybrid offline-to-online (O2O) distribution model that made digital takaful protection scalable and

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FWD Takaful Fulfils Zakat Obligation to Pusat Pungutan Zakat-MAIWP

Business, Finance, news /

Kuala Lumpur, 26 May – FWD Takaful Berhad today announced the payment of its total zakat on business amounting to RM634,987.96 made to Pusat Pungutan Zakat – Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP). The payment marks FWD Takaful’s first official zakat contribution, since entering the Malaysian takaful industry in 2019, underscoring its commitment as an

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CapBay and CGC Digital Bridge MSME Financing Gap with First Dual-Facility Guarantee Scheme Rollout

Business, Finance, General, news, Startup, Tech /

Strategic partnership bridges the financing gap for unserved and underserved MSMEs through new Islamic and Conventional facilities, backed by CGC Digital’s robust guarantee coverage. KUALA LUMPUR, 8 Apr 2026 – Bay Smart Capital Ventures Sdn Bhd (CapBay), a leading Malaysian fintech company providing a Supply Chain Finance and Peer-to-Peer (P2P) financing platform, together with CGC

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Borong Ranked No. 1 Fastest-Growing Company in Asia-Pacific by Financial Times, For the Second Consecutive Year

Business, Finance, news /

Kuala Lumpur, Malaysia, 17 March 2026- Malaysian B2B technology eProcurement & eMarketplace company Borong (formerly known as Dropee) has once again claimed the top position in the Financial Times High-Growth Companies Asia-Pacific 2026 ranking, compiled in partnership with Statista, this time rising from 2nd place to rank No. 1 across the entire Asia-Pacific region. The

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Takaful Malaysia Achieves RM3.78 Billion Revenue And Record RM616 Million Profit Before Zakat And Tax In FY2025

Business, Finance, General, Health, news /

Kuala Lumpur, 27 Feb 2026 – Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia” or “the Group”), the pioneer and leading takaful provider in Malaysia, today announced a resilient financial performance for the year ended 31 December 2025. The Group’s takaful revenue rose to RM3.78 billion, an increase of RM201.7 million from RM3.57 billion in the

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WORLDWIDE HOLDINGS MAKES RM2.0 MILLION ZAKAT PAYMENT

Business, Finance, news /

Shah Alam, 24 Feb 2026 – Worldwide Holdings Berhad, a conglomerate and subsidiary of Perbadanan Kemajuan Negeri Selangor (PKNS), has fulfilled its obligation to pay business zakat amounting to RM2,000,000 to Lembaga Zakat Selangor (LZS) for the financial year 2026 (haul 2025). The zakat contribution was formally presented by Worldwide Holdings Group Chief Executive Officer,

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