Funding Societies Disburses RM300M in Islamic Financing to Malaysian MSMEs

Free Newsletter Get the hottest Fintech Malaysia News once a month in your Inbox Funding Societies, a SME digital finance platform in Southeast Asia, has disbursed RM300 million in Islamic business financing to over 2,500 Malaysian MSMEs since launching its Islamic products in June 2023. The company is focused on supporting underserved SMEs across Southeast Asia with a range… Source link

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Johor’s growing industries offer growth avenues for S’pore firms

Singapore and Johor’s already strong business ties are poised for further growth as multinational corporations diversify their supply chains, and new opportunities emerge in the southern Malaysian state of Johor. These were some of the key points from the Johor-Singapore Access conference held on July 8 at the JEN Singapore Tanglin. The event attracted around 160 attendees, reflecting strong… Source link

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Nefab Opens New Packaging Manufacturing Plant in Penang

Nefab, a global leader in sustainable packaging and logistics solutions, has announced the opening of a new packaging manufacturing plant in Batu Kawan, Malaysia. This strategic expansion marks a significant advancement in Nefab’s commitment to revolutionising the semiconductor equipment industry with innovative, safe, and environmentally conscious packaging… Source link

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Malaysia’s First Future Skills Framework Launched to Future-Proof Financial Sector Talent, Business News

KUALA LUMPUR, Malaysia, July 22, 2024 /PRNewswire/ — The financial sector plays a critical role in driving Malaysia’s economic growth and stability, contributing an estimated 6.7% to GDP in 2023, with growth of 4.3% forecast for 2024[1]. As the financial sector continues to expand, employing 168,832 workers as of the first quarter of 2024[2], the development… Source link

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Generali Malaysia a triple winner at Insurance Asia Awards 2024

KUALA LUMPUR: Generali Malaysia won three awards at the Insurance Asia Awards 2024 held at Marina Bay Sands Expo and Convention Centre in Singapore recently. In a statement, the insurance company said it won the General Insurer of the Year – Malaysia (General Insurance); Micro, Small and Medium-sized (MSME) Insurance Initiative of the Year – Malaysia (General Insurance); and Insurance… Source link

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CIMB teams up with SME Corp for GreenBizReady

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have teamed up with SME Corporation Malaysia (SME Corp) for their GreenBizReadyTM programme for SMEs in Malaysia, as part of CIMB’s The Cooler Earth Sustainability Series. In a statement, the bank announced the introduction of the CIMB ESG Simplified… Source link

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FPT opens new office in Malaysia

Global IT corporation FPT has opened its second office in Kuala Lumpur, Malaysia to address the increased demand for digital technologies and solutions. The new office is also expected to help enhance the company’s delivery and consulting capabilities to better serve its regional and global clients. Located in Malaysia’s Special Economic Zone and high-technology business… Source link

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CelcomDigi Unveils National Scam Awareness Survey 2024

The National Scam Awareness Survey 2024 report, recently published by CelcomDigi Berhad, highlights the importance of awareness, vulnerability, and the need for proactive actions to combat scams and fraudulent activities. The survey reveals that Malaysia is progressing as a highly digitalised nation, with 91% of respondents frequently visiting community internet… Source link

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CIMB : onboards SME Corp. Malaysia in its GreenBizReadyTM programme; launches ESG Playbook for SMEs

22 July 2024 Kuala Lumpur: CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) have onboarded SME Corporation Malaysia (“SME Corp. Malaysia”) in the Bank’s award-winning GreenBizReadyTM programme designed for small and medium enterprises (“SMEs”) in Malaysia, as part of CIMB’s The Cooler Earth Sustainability Series (“the Event”) recently…. Source link

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