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THE financing gap for micro, small and medium enterprises (MSME) in South-East Asia is estimated at US$272bil (RM1.15 trillion), according to micro-financing platform Funding Societies.
SHANGHAI (Reuters) - Lotus Technology, a new unit of China's Geely set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.
PETALING JAYA: A survey by South-East Asia’s largest SME digital financing platform, Funding Societies, reveals that 72% of the respondents expect their revenues to decrease if not for the fintech’s business financing.
KUALA LUMPUR: Stocks on investors' radar screen on Tuesday could include IHH, Advancecon, Pestech, KNM, Petronas Chemicals, Ta Ann, Maybulk, BP Plastics, Revenue Group, Hextar Global, AirAsia, Lay Hong, Guan Chong and Hong Leong Industries, according to JF Apex Research.
The transition into smart cities is imperative for a sustainable future to help mitigate environmental degradation.
PETALING JAYA: Interesting developments are taking place in civil engineering group WZ Satu Bhd.
KUALA LUMPUR: The Federal Territories Islamic Religious Council (MAIWP) is targeting to help 1,000 underprivileged individuals (asnaf) to become entrepreneurs with a RM3mil allocation under its Musa’adah Tijariyyah 2.0 this year.
PETALING JAYA: Pacific & Orient Bhd (P&O) and its subsidiary, Pacific & Orient Insurance Co, had disposed of 23.26 million Ancom Bhd shares for RM57.63mil.
Climate Change: developers step up efforts through sustainability-linked loans as Sun Hung Kai signs record deal
Sustainability-linked loans are gaining traction in Hong Kong in line with global trends as companies take steps to realign their profit-driven motive with the climate-change agenda.
KUALA LUMUR: Pacific & Orient Bhd and its subsidiary, Pacific & Orient Insurance Co. disposed of 23.26 million Ancom Bhd shares for RM57.63mil.