Wednesday, September 19, 2018

Funding Societies raises RM100M in Series B Funding

Southeast Asia’s largest P2P lending platform completes largest funding round in Southeast Asia. Leading peer-to-peer (P2P) financing platform in Malaysia, Funding Societies, has raised RM100 million...

A Faster Payment Platform

Bank Negara Malaysia (BNM) plans to modernise Malaysia’s retail payments. The central bank is helping to build a payment platform to facilitate and drive...

Fundaztic Targets to Finance 500 SMEs

Fundaztic, a P2P financing platform in Malaysia, reached an important milestone: having served 100 SMEs. The young company is now targeting to serve 500...

Singapore to make ASEAN a better community

Singapore, as ASEAN Chair for 2018, has lined up plans to launch initiatives and various projects to improve the livelihood, well-being and welfare of...

Indonesian Banks Likely to See More than 12pc Growth in 2018

Indonesian banks will see “more than 12 per cent” loan growth in 2018 thanks to a recovering global economy and a pick-up in commodity...

Furniture Industry Records RM2.6mil in Sales

SMEs recorded a total of RM901,200 in sales at the Malaysian International Furniture Fair 2018 (MIFF) and Export Furniture Exhibition 2018 (EFE). Meanwhile manufacturers...

DHL Express welcomes the world’s first passenger-to-freighter Airbus A330-300

DHL Express has launched its first passenger-to-freighter Airbus A330-300 in Malaysia at its Penang Gateway. The company is also hoping to deploy at least three...

Significant growth for e-commerce sector

The e-commerce sector has contributed RM74.6 billion, or 6.1 per cent to the gross domestic product (GDP) in 2016. International Trade and Industry Deputy Minister,...

RM741M Financing for SMEs

SME Bank plans to distribute a total of RM741mil worth of new loans to entrepreneurs. This is part of the bank’s ongoing engagement sessions with...