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Property 19 Jul 2018 | 5:59 AM

Fajarbaru’s Paragon secures RM300mil financing from Maybank

KUALA LUMPUR: Fajarbaru Builder Group Bhd, Beulah International and KHK Group, the developers behind luxury apartment project Paragon, have obtained funding facility from Malayan Banking Bhd (Maybank) amounting to about A$100mil (RM300mil).

Telcos 25 Nov 2017 | 12:00 AM

Digi shares fall following removal from syariah list

PETALING JAYA: Telecommunications outfit Digi.com Bhd’s share price fell to its lowest level in 17 months in an apparent knee-jerk reaction, following the counter’s removal from Bursa Malaysia’s Syariah list.

Corporate News 24 Nov 2017 | 3:47 AM

Digi falls as removed from Shariah list

KUALA LUMPUR: Digi.com Bhd's share price fell to a low of RM4.48 on Friday in a knee-jerk reaction to its removal from the Shariah list as the telco’s conventional debt-to-total assets exceeded the 33% threshold as at Dec 31, 2016

World 12 Feb 2015 | 5:00 PM

Ukraine to get $40 billion, including $17.5 billion from IMF - Lagarde

BRUSSELS (Reuters) - Ukraine is set to receive about $40 billion (£26.2 billion) in funding over the next four years, nearly half of which will come from the International Monetary Fund, IMF chief Christine Lagarde said in Brussels as talks on the Ukraine conflict resumed in Minsk.

Sme 23 Oct 2014 | 12:00 AM

Malaysia has more successful tech startups than many people realise

Much has been said about this being the best time to launch and grow startups due to the availability of funding, infrastructure and an accommodating environment.

SME 27 Jan 2014 | 12:00 AM

Boost for bumi SMEs

SME Factors, a company that provides contract financing, has set aside RM250mil for a financing facility specifically for bumiputra entrepreneurs.

Business 07 Jun 2012 | 12:00 AM

New Islamic funding facility may lure Gulf banks

SYDNEY: Bank Negara is introducing an Islamic overnight funding facility which could encourage commercial banks from the Gulf to trade more in the country’s syariah-compliant money market.

Business 30 Mar 2012 | 12:00 AM

Maybank’s exposure to Vinashin loan default is small

PETALING JAYA: Malaysia’s largest banking group, Malayan Banking Bhd (Maybank), has clarified that its exposure to the US$600mil (RM1.84bil) unsecured funding facility on which Vietnam Shipbuilding Industry Group (Vinashin) has recently defaulted is minimal and insignificant.

Business 02 Apr 2011 | 12:00 AM

Hefty Irish rescue plan

DUBLIN: Ireland put a 70 billion-euro price on protecting its banks from future shocks on Thursday and promised a radical overhaul of the sector, trying to persuade investors it has the nation's financial crisis under control.

Business 30 Dec 2010 | 12:00 AM

Vinashin default may benefit Vietnam

PETALING JAYA: There may be a silver lining to the Vietnamese government's refusal to support troubled Vietnam Shipbuilding Industry Group (Vinashin), which has amassed debt of US$4.4bil and defaulted on an initial payment of US$60mil to a consortium of foreign creditors that funded the state-owned enterprise's US$600mil eight-year funding facility three years ago.