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Malaysia

Malaysian Industrial Development Finance plans islamic-based financing facility

Malaysian Industrial Development Finance Bhd (MIDF) plans to launch a new financing facility using sharia-based principles by the second quarter of this year. Its group chief executive Mohd Sallehuddin Othman said MIDF will allocate RM50 million for the new service...

Factoring Operation Contributes to CAHB Group’s Profits

Commerce Asset-Holding Bhd Group (CAHB) has registered a 10.3% increase in its operating profit to RM1.17bil for the nine-month period…


Maybank Develops All-In-One Finance Package

MAYBANK Group has come up with an all-in-one financing package for industrialists requiring financing from scratch for their businesses. The…


Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy


Fears for Continued Economic Growth in Malaysia

Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…

#investment


Malayasia records growth in GDP of nearly 20%

After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…

#bank#banks#funding

MBf Factoring Sales Looking Better

According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…

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