AWARDS

17th BEST FINANCIAL INSTITUTIONS AWARDS

Hong Kong – Monday, 12 June 2023: Using a fair, robust and informative methodology and after adding a number of additional criteria to existing awards to tighten its eligibility among …

ISLAMIC FINANCE

AEON CREDIT (MALAYSIA) ISSUES SUKUK

Aeon Credit Service (Malaysia) has made its second issuance of sukuk wakalah under the Islamic commercial papers (ICP) programme of...
Read More

UPSIDE WITH ISLAMIC FINANCING IN 2023

Demand for syariah-compliant instruments is expected to continue to rise in 2023, supported by strong economic growth amid robust oil...
Read More

YTL POWER SECURES ISLAMIC TERM FINANCING FOR GREEN PROJECT

Malayan Banking Bhd (Maybank) and OCBC Bank (Malaysia) Bhd are the joint mandated lead arrangers for a RM1.10 billion Islamic...
Read More

MOODY’S UPBEAT ON MALAYSIA’S ISLAMIC BANKING PROSPECTS

Malaysia’s Islamic finance industry is expected to grow faster than conventional banking with growth driven by the retail segment in...
Read More

MALAYSIA RAISED ALMOST US$2 BILLION VIA SRI SUKUK BETWEEN 2015-2021

Malaysia has raised close to US$2 billion (RM9.2 billion) via 21 sustainable and responsible investment (SRI) sukuk issuers from 2015...
Read More

SME

S$2.4B IN MONEY LAUNDERING PROCEEDS: ASSETS SEIZED

The value of assets that have been seized or issued with prohibition of disposal orders in one of Singapore’s largest...
Read More

SME ESG PRACTICES VS DIFFICULT POLICY CHOICES

Local environmentalist and International Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz recently made an urgent call to action: “We...
Read More

MAYBANK IBG CAUTIOUSLY OPTIMISTIC, FORESEES MYR REVERSAL

Maybank Investment Bank is cautiously optimistic about improved market traction over the second half of the year (2H 2023) despite...
Read More

SME NPLs COULD TOTAL US$860M

The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has expressed concern that outstanding debt of up...
Read More

TAX INCENTIVES TO ATTRACT FAMILY OFFICES IN SINGAPORE

The Monetary Authority of Singapore (MAS) announced on Wednesday (Jul 5) adjustments to its tax incentives for single family offices,...
Read More

COMMENTARY

EXIM BANK’s ISSUES SME GREEN BONDS

According to Rak Vorrakitpokatorn, EXIM Bank’s president, the bank issued SME Green Bonds for the first time on June 6 this year. The bonds were offered to institutional investors and…

ASSET MANAGEMENT

TEMASEK REPORTS DROP IN PORTFOLIO VALUE

Temasek Holdings on Tuesday (Jul 11) reported a 5.2 per cent fall in the value of its net portfolio and signalled a “cautious” investment stance ahead amid a challenging macroeconomic…

FINTECH

SINGAPORE’S IMAGE UNDER SCRUTINY

City-state’s anti-money laundering controls in spotlight after arrest of 10 foreigners and seizure of $736m in assets. Singapore’s image as a squeaky-clean business hub is under scrutiny amid a huge…

S$2.4B IN MONEY LAUNDERING PROCEEDS: ASSETS SEIZED

The value of assets that have been seized or issued with prohibition of disposal orders in one of Singapore’s largest anti-money laundering probes has gone up to more S$2.4 billion…