Fund to be managed by Sumitomo Mitsui Asset Management and distributed through Hong Leong Bank Berhad branches nationwideHong Leong Asset Management Bhd (“HLAM”) launched an open-end equity fund, Hong Leong Asia Pacific Equity Fund (“HLAPE Fund”) which is specifically designed for investors seeking capital appreciation over a medium to long-term investment horizon. The HLAPE Fund will be actively managed...
HSBC Amanah Malaysia Berhad (HSBC Amanah), which celebrated its 10th year anniversary last year, bagged the coveted Deal of the Year Award for the world's FIRST United Nation's Sustainable Development Goal (SDG) sukuk at the prestigious Islamic Finance News (IFN) Awards 2018 held in St Regis Hotel, Kuala Lumpur.The bank also received two additional awards for "Country Deal of...
Prime Minister Tun Dr Mahathir bin Mohamad was recognised for his role in bringing industrial and economic benefits to Malaysia through his encouragement of international aerospace partnerships.The presentation made by BAE Systems on behalf of its industrial partners followed the opening ceremony at LIMA 2019 alongside a Royal Malaysian Air Force Hawk aircraft, the tail fin of which was...
Kaspersky Lab research uncovers a new advanced persistent threat (APT) campaign that affects a large number of users through what is known as a supply chain attack. A supply chain attack is one of the most dangerous and effective infection vectors, increasingly exploited in advanced operations over the last few years – as we have seen with ShadowPad or CCleaner....
Lazada, Southeast Asia’s leading online shopping and selling platform, and Mastercard announces a five-year partnership to grow the eCommerce ecosystem in Southeast Asia (SEA).This comes as Lazada committs to deliver the best eCommerce offerings that serve the needs of the region’s brands and sellers. This partnership enables Mastercard to reach new audiences with Lazada’s wide network of users in...
According to a study conducted by KPMG in Malaysia, over 80% of Large Companies in Malaysia have conducted externally facilitated board evaluations or have put in place crystallised plans to undertake one in the forthcoming years. This serves to underscore the importance those companies place in building boardroom governing processes that can help them tap into the accumulated expertise...
Two of AmInvest funds receives top honours for its fund performance at the Morningstar Awards 2019 Malaysia (“Morningstar Awards”) held in Kuala Lumpur. The funds are AmDynamic Bond and AmBon Islam.AmInvest made a clean sweep of both awards in the fixed income category. AmDynamic# Bond was named the Best Malaysia Bond Fund, and AmBon Islam received top honours as the...
Jeffrey Ng Eow Oo, Head of Group Business and Transaction Banking, RHB Banking Group.RHB Bank Berhad (“RHB”) is the first Malaysian bank to roll out “digital tokens” for Small and Medium Enterprises (SMEs) and Corporates. The RHB Reflex Secure Plus is a new digital authentication solution that allow SMEs and Corporates to easy and secure access to RHB Reflex,...
Transcosmos inc, has conducted a survey on online shopping trends recently to gauge consumers’ experiences of online shopping and their interests in cross border e-commerce across 10 major cities in Asia.Some 3,200 online shoppers participated in the survey, revealing unique characteristics of each city as well as common trends across Asia.This year, transcosmos explored the antecedents of “showrooming,” browse...
The Malaysian Financial Planning Council (MFPC) is organising a one day Financial Literacy Workshop at Islamic Information Centre, on 25 March 2019 from 9.00am until 4.30pm in an effort to help Malaysians to have basic financial literacy, and a switch on their attitudes and behaviours towards money management.This is MFPC’s third public roadshow for the year after organising...
As part of initiatives to develop Malaysia’s value proposition as an Asian centre for
Sustainable and Responsible Investment (SRI) and green financing by virtue of its
leadership position in Islamic finance, Capital Markets Malaysia (CMM), an affiliate of
the Securities Commission Malaysia (SC), hosted the Sustainable Capitalism in South
East Asia Forum in London recently.A global pioneer in Islamic finance, Malaysia is taking...
Multinational corporations are rapidly embracing digital transformation as the world phases into the Fourth Industrial Revolution (IR4.0). SMEs, as part of the business ecosystem, must also transform if they are to be relevant and competitive.Ricoh, an 80-year old Japanese success story, is now providing such digital technologies for SMEs and multinationals. At Ricoh’s recent Empowering Digital Workplaces event, it...
The Ministry of Entrepreneur Development (MED) today called for greater public-private partnership participation to realise the objectives outlined within the National Entrepreneurship Framework (NEF).
Its Secretary-General Datuk Wan Suraya Wan Mohd. Radzi said that such partnerships are an important element in nurturing the entrepreneurial spirit among Malaysian businesses as set out within the strategic objectives of the National Entrepreneurship Framework...
After more than two decades, Malaysia will be hosting the Asia Pacific Economic Cooperation (APEC) leaders’ summit in 2020, with the key message of shared prosperity.International Trade and Industry Minister Datuk Ignatius Darell Leiking said Malaysia’s message would be embraced in all priority areas and initiatives during the event.“APEC’s cooperation is beyond trade liberalisation and Malaysia will emphasise on...
The Kuala Lumpur Convention Centre (the Centre) has launched its ‘Competent F&B Specialist in Business Events Industry’ training initiative in partnership with City & Guilds.Ten of the Centre’s inhouse trainers were awarded their City & Guilds appointment letters during a memorandum of understanding in Kuala Lumpur recently. The appointment letter enables them to commence their training sessions at the...
NEC Corporation and NEC Corporation of Malaysia announces the successful completion of a Software-Defined Wide Area Network (SDWAN) trial with the Universiti Kuala Lumpur (UniKL) in Malaysia.The project, funded by Ministry of Internal Affairs and Communications of Japan, aims to boost Cybersecurity resilience among ASEAN member states. The trial began in September last year using the WAN infrastructure in...
UBS has made significant progress in 2018 towards meeting its ambitious targets in sustainable investing, philanthropy, and business sustainability, while further reducing its environmental footprint.The bank continues to set standards for the wider industry by retaining its leadership in the Dow Jones Sustainability Indices (DJSI), the most widely recognised sustainability rating, with the MSCI ESG Research upgrading the bank...
Ministry of Entrepreneur Development Secretary-General Datuk Wan Suraya Wan Mohd. Radzi (right) with Commerce.Asia Founder and Executive Chairman Ganesh Kumar Bangah.The Ministry of Entrepreneur Development (MED) calls for greater public-private partnership participation to realise the objectives outlined within the National Entrepreneurship Framework (NEF).Its Secretary-General Datuk Wan Suraya Wan Mohd Radzi says such partnerships are
an important element in nurturing the...
Pursuant to its RM 1 Billion Sukuk Facility (“Third Fund”) that was launched in August 2017, Malaysia Debt Ventures Berhad (MDV), has recently received approval for the issuance of RM 270 Million under its Islamic Medium Term Notes (“iMTN”). This approval will be used to finance companies under MDV’s mandate primarily the Small Medium Enterprises (“SMEs”) involved in the...
Petroliam Nasional Berhad (PETRONAS) recently signed a binding Heads of Agreement (HoA) with Vietnam Oil and Gas Group (PETROVIETNAM) for the sales and purchase of additional gas from Block PM3 CAA, Malaysia to Ca Mau Province, Vietnam, in support of the country’s plan to spur its economic growth in its South West region.The HoA was signed on 15 March...
