• Finance  |  AUGUST 21, 2014 4:59 PM

    Strong GDP not translated into loan growth for Ambank

    Story by
    www.bernama.com

    Malaysia’s strong gross domestic product  (GDP) growth of 6% for the second quarter of 2014 has not been translated into loan growth for the bank. AMMB Holdings Bhd’s group managing director, Ashok Ramamurthy, said the strong GDP growth was unexpected. …

     
  • Economy & Finance  |  AUGUST 21, 2014 1:33 PM

    Indonesia to raise RM405 mil through Syariah bonds

    Story by
    www.bernama.com

    The Indonesian government plans to auction three series of Syariah bond to raise Rp1.5 trillion (RM405.69 million) next week, Indonesia's Antara news agency reported a government statement as saying.

     
  • Finance  |  AUGUST 20, 2014 10:00 PM

    Islamic finance asset to grow up to 15% over next 5 years

    Story by
    www.bernama.com

    The domestic Islamic finance asset is expected to continue posting double-digit growth at between 10% to 15% over the next five years, said the Association of Islamic Banking Institutions Malaysia (AIBIM). “The market place and the awareness on Islamic finance is …

     
  • Corporate & Finance  |  AUGUST 20, 2014 6:33 PM

    Credit Guarantee Corp CEO to retire in Dec

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    [email protected]

    Credit Guarantee Corporation Malaysia Berhad (CGC) is set to see its long-time president and chief executive officer Wan Azhar Wan Ahmad leave by year-end on retirement.

     
  • Corporate & Finance  |  AUGUST 19, 2014 7:07 PM

    DanaInfra raises RM100 mil with third retail sukuk

    Story by
    www.reuters.com

    DanaInfra Nasional Bhd, a company created by Malaysia's finance ministry to raise funds for the country's most extensive infrastructure project, said on Tuesday it has raised RM100 million with Islamic bonds.

     
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