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LANGKAWI: Duty-free shops here are unhappy with a new ruling by the Customs Department that requires them to deposit a bank guarantee for cigarette and liquor stocks in their premises.
KUALA LUMPUR: Danajamin Nasional Bhd and OCBC Bank (Malaysia) Bhd (OCBC) will guarantee Berjaya Land Bhd’s (BLand) RM650mil 10-year medium term notes (MTN) programme.
PETALING JAYA: Credit Guarantee Corporation (CGC) Malaysia Bhd hopes the government will introduce a mechanism in the upcoming 2012 Budget to subsidise the cost of Small and Medium Enterprises (SMEs) getting a credit rating.
PETALING JAYA: The Government's bond guarantee agency, Danajamin Nasional Bhd, expects to introduce bond guarantees with short term financing from banks to meet demand from companies in the first half of this year.
KUALA LUMPUR: Standard Chartered Saadiq Bhd (Saadiq) and Credit Guarantee Corp Malaysia Bhd (CGC) have collaborated to launch Malaysia’s first Islamic portfolio guarantee (PG) scheme to provide financing to small and medium enterprises (SMEs) in the country.