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Govt to unveil new dimension of sukuk issuance via ‘wakalah bil-khadamat’ structure - PM

Govt to unveil new dimension of sukuk issuance via ‘wakalah bil-khadamat’ structure - PM

This investment aims to bolster high-growth domestic Malaysian companies and stimulate the venture investment ecosystem.
Tue May 28 2024
Make legal adjustments to affirm refugees' right to work - Experts

Make legal adjustments to affirm refugees' right to work - Experts

Government can make adjustments in order to allow refugees in the country to work legally.
Tue Jun 20 2023
Full redemption of Sukuk Prihatin, Malaysia's first digital sukuk - Tengku Zafrul

Full redemption of Sukuk Prihatin, Malaysia's first digital sukuk - Tengku Zafrul

The government has announced the maturity of its two-year Sukuk Prihatin, which was launched on Sept 22, 2020, and fully redeemed today.
Sat Sep 24 2022
False claims on RM300 million projects: Four suspects released on MACC bail

False claims on RM300 million projects: Four suspects released on MACC bail

The lawyer representing the four suspects, Vivek Sukumaran, said they were all released after the six-day remand order on them ended today.
Wed Jun 22 2022
Perak Forestry Dept temporarily suspends all hiking activities at Gunung Suku

Perak Forestry Dept temporarily suspends all hiking activities at Gunung Suku

The Perak state forestry department will temporarily suspend all hiking activities at Gunung Suku near Bukit Kinta Forest Reserve, Jalan Simpang Pulai-Cameron Highlands here.
Mon May 16 2022
Gunung Suku water surge incident: Human body parts found

Gunung Suku water surge incident: Human body parts found

The SAR team has found human body parts, believed to be that of two female climbers who were reported missing in a water surge incident while climbing Gunung Suku, Simpang Pulai yesterday.
Mon May 16 2022
MARC affirms Top Glove's corporate credit rating

MARC affirms Top Glove's corporate credit rating

Top Glove concurrently maintains its 2021 'AA-IS(CG)' rating for Perpetual Sukuk Wakalah Programme.
Mon Apr 11 2022
No more special quota for foreign worker recruitment - Hamzah

No more special quota for foreign worker recruitment - Hamzah

Any employer who needs to hire foreign workers must obtain the ministry's evaluation committee's approval according to the law, Hamzah said.
Sat Jan 22 2022
5G network project cost does not involve govt financing or guarantee

5G network project cost does not involve govt financing or guarantee

The cost of implementing the 5G network will be financed through a combination of deferred financing to vendors, trade financing and working capital, as well as sukuk programmes.
Thu Nov 25 2021
Malaysia's Maybank to implement $11.9 billion sustainable finance framework

Malaysia's Maybank to implement $11.9 billion sustainable finance framework

Maybank said it will scale up existing green, social and sustainability bonds or sukuk.
Mon Jul 19 2021
Lots and lots to cheer with sukuk success!

Lots and lots to cheer with sukuk success!

The sustainability sukuk is a seismic shift of providing a valuable opportunity for the markets to create new revenue opportunities.
Fri May 07 2021
Strong demand for Malaysia's international sukuk shows investor interest in sustainability finance - Moody's

Strong demand for Malaysia's international sukuk shows investor interest in sustainability finance - Moody's

The issuance also reinforces Malaysia's leading position in Islamic finance.
Tue Apr 27 2021
Oversubscription of sustainability sukuk reflects international community's confidence in Malaysia - Muhyiddin

Oversubscription of sustainability sukuk reflects international community's confidence in Malaysia - Muhyiddin

Malaysia's sustainability sukuk issuance which was oversubscribed by 6.4 times yesterday reflected the international community's confidence in the country's ability to recover economically.
Fri Apr 23 2021
Malaysia's Sustainability Sukuk oversubscribed by 6.4 times, allocation well-spread globally

Malaysia's Sustainability Sukuk oversubscribed by 6.4 times, allocation well-spread globally

The government has successfully priced the world's first sovereign US Dollar Sustainability Sukuk.
Thu Apr 22 2021
Moody's assigns A3 rating to Malaysia's international sovereign sukuks

Moody's assigns A3 rating to Malaysia's international sovereign sukuks

The government will collect all returns on the portfolio assets against the relevant periodic distribution amounts due.
Mon Apr 19 2021
Israel gives the US its demands for ending war in Lebanon, Axios reports

Israel gives the US its demands for ending war in Lebanon, Axios reports

Israel demands IDF "active enforcement" to prevent Hezbollah from rearming and rebuilding military infrastructure near the border.
Mon Oct 21 2024
Indonesia's Prabowo swears in cabinet of over 100 ministers, deputies

Indonesia's Prabowo swears in cabinet of over 100 ministers, deputies

Prabowo Subianto's cabinet has 48 ministries with over 100 ministers and deputies, including two re-appointments.
Mon Oct 21 2024
Freeze on foreign worker employment quota to continue - Saifuddin

Freeze on foreign worker employment quota to continue - Saifuddin

Datuk Seri Saifuddin Nasution Ismail said as of Sept 15 the total number of foreign workers is nearing the stipulated ceiling.
Mon Oct 21 2024
King Charles and Queen Camilla visit Canberra on Australia tour

King Charles and Queen Camilla visit Canberra on Australia tour

This is King Charles' first major foreign trip since being diagnosed with cancer in February.
Mon Oct 21 2024
Indonesia's Prabowo plans military academy retreat for new cabinet

Indonesia's Prabowo plans military academy retreat for new cabinet

The retreat is aimed at forming a bond between around 100 cabinet ministers and their deputies, according to migrant protection minister.
Mon Oct 21 2024
Four loan sharks held for alleged involvement in paint splashing, arson in six states

Four loan sharks held for alleged involvement in paint splashing, arson in six states

The syndicate is believed to have conducted illegal money-lending activities, involving loan sharks and online money-lending, police said.
Mon Oct 21 2024
China's PCT international patent applications top world for 5 consecutive years: WIPO chief

China's PCT international patent applications top world for 5 consecutive years: WIPO chief

China has become the country with the most international patent applications, according to AIPPI President Shoichi Okuyama.
Mon Oct 21 2024
Charles Leclerc wins US Grand Prix; Max Verstappen 3rd after Norris penalty

Charles Leclerc wins US Grand Prix; Max Verstappen 3rd after Norris penalty

Charles Leclerc also won the Monaco Grand Prix and Italian Grand Prix this year and sits third in the driver standings.
Mon Oct 21 2024
Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case

Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case

Qantas claims the sackings were warranted as a cost-cutting measure during the COVID-19 pandemic.
Mon Oct 21 2024
After Sinwar's death, Israel aims to lock in strategic gains before US election

After Sinwar's death, Israel aims to lock in strategic gains before US election

Israeli leaders are seeking to reshape regional landscape in Israel's favour and shield its borders from any future attacks, sources said.
Mon Oct 21 2024