NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
Pantau Belanjawan: Banking solutions: Bridging the financial divide for MSMEs
As we’ve seen, MSMEs are the backbone of our economy, and their success is crucial for economic stability and growth. Pantau Belanjawan will delve into the complexities of lending to MSMEs, the varying risk appetites of banks, and the critical need for supportive policies and systems. The key questions we must continue to address are how can we develop innovative solutions that bridge the financial gap and support the growth of MSMEs? Full discussion with Partner AC Ventures.
Tue Oct 01 2024
Nuren Group achieves listing status, a milestone under MDV’s Venture Debt Programme
The IPO offering was oversubscribed by AUD 100,000, with total funds raised amounting to AUD 700,000.
Thu Sep 05 2024
Swiss court convicts two executives over $1.8 billion 1MDB fraud
Prosecutors alleged the duo helped set up joint venture with 1MDB by falsely claiming their company, PetroSaudi, was backed by Saudi Arabia.
Thu Aug 29 2024
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
EPF commits RM250 mln to catalysing Malaysian mid-to-growth stage companies
Gobi Partners is a pan-Asian venture capital firm with an extensive investing track record.
Mon Mar 18 2024
PM meets with Grab founder, briefed on GX Bank's RM1.5 bln investment plan
GX Bank Bhd is a digital bank in Malaysia through a joint venture between Grab Holdings Ltd and Singapore Telecommunications Ltd (Singtel).
Wed Feb 28 2024
Merdeka Stadium expected to be reopened by second quarter of 2024
Stadium Merdeka is owned by PNB Merdeka Ventures, but comes under the trusteeship and management of the Merdeka Heritage Trust.
Thu Jan 11 2024
1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness
The discussion did not involve high-ranking govt officials, even though the govt had to bear the loans with issuance of full guarantees.
Fri Jan 05 2024
Vircle receives venture capital injection in its mission to financially empower school children nationwide
Vircle aims to reshape financial education and banking for children through its app.
Tue Oct 31 2023
US-Sino tensions help spawn China card game craze
Guandan, a poker-like card game that has been around for decades, but has gained fresh life among venture capitalists.
Sat Sep 02 2023
Unmasking pig-butchering scams and protecting your financial future
A pig-butchering scam is a type of investment fraud that lures individuals into investing their money in seemingly legitimate and profitable ventures.
Sat Jul 29 2023
Torrential rain, floods kill 22 across northern India
Authorities have asked people not to venture out of their homes unless necessary as torrential rain has caused landslides and flash floods.
Mon Jul 10 2023
Angelina Jolie uses fashion to help refugees, disadvantaged groups
American actress Angelina Jolie has announced a new business venture called Atelier Jolie which will enable customers to work with master tailors, pattern makers and artisans.
Sat May 20 2023
Apex Court rules no development in Taman Rimba Kiara
The alienation of the land to YWP in conjunction with the joint venture agreement with Memang Perkasa would entail a change in land use.
Tue Apr 18 2023
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024