SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.

Takaful Malaysia Proposes RM1 Bln Tier 2 Subordinated Sukuk Programme

KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.

UEM Sunrise Completes RM500 Mln Islamic Medium-term Notes Issuance

KUALA LUMPUR, July 30 (Bernama) -- UEM Sunrise Bhd has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.

Bank Islam Issues Ninth Tranche Of RM1 Bln Senior Sukuk Murabahah

KUALA LUMPUR, July 29 (Bernama) -- Bank Islam Malaysia Bhd has issued RM1.0 billion Senior Sukuk Murabahah under its RM10.0 billion Sukuk Murabahah Programme on July 25.

Short-Term Interbank Rates Close Steady On BNM Operations

KUALA LUMPUR, July 25 (Bernama) -- Short-term interbank rates ended steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

AEON Credit Issues 10th Sukuk Wakalah Of RM150 Mln

KUALA LUMPUR, July 14 (Bernama) -- Aeon Credit Service (M) Bhd has made its 10th issuance of sukuk wakalah under the Islamic commercial papers (ICP) programme today, with a total nominal amount of RM150 million and a 179-day tenure starting from July 14, 2025.

Queen Máxima Named Chair Of GFTN International Advisory Board

KUALA LUMPUR, July 3 (Bernama) -- The Global Finance & Technology Network (GFTN) has announced the appointment of Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), as Chair of its International Advisory Board (IAB).

NIKE Nominates Former LEGO CEO Jørgen Vig Knudstorp To Board Of Directors 

KUALA LUMPUR, June 25 (Bernama) -- NIKE Inc has announced the nomination of Jørgen Vig Knudstorp, former LEGO Group President and Chief Executive Officer (CEO), to its Board of Directors.

SEDA Appoints Public Service Department DG As Chairman

KUALA LUMPUR, June 24 (Bernama) – The Sustainable Energy Development Authority (SEDA) Malaysia has appointed Public Service Department Director-General Tan Sri Wan Ahmad Dahlan Abdul Aziz as chairman effective May 15.

CGC Digital, B2B Finpal Launch Short-term Financing For MSMEs

KUALA LUMPUR, June 9 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd’s (CGC) financial technology subsidiary, CGC Digital, has partnered with peer-to-peer (P2P) financing platform B2B Finpal to launch a short-term financing scheme aimed at improving capital access for micro, small and medium enterprises (MSMEs).

NIKE Names Michael Gonda As EVP, Chief Communications Officer Effective July 7

KUALA LUMPUR, June 4 (Bernama) -- NIKE Inc, the leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories, has appointed Michael Gonda as Executive Vice President (EVP) and Chief Communications Officer, effective July 7.

Rafizi’s Tenure Defined By Bold Moves To Improve People’s Livelihoods

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli, who became the economy minister in December 2022, part of Prime Minister Datuk Seri Anwar Ibrahim’s Cabinet, is known for a myriad of initiatives to improve people’s livelihoods.