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
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
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