Asia and the Pacific

Asia and the Pacific

Fitch Ratings Affirms ‘BB-‘ Rating on Serba Dinamik’s US$220m Sukuk

Fitch Ratings has assigned Serba Dinamik Holdings Bhd’s US$200 million sukuk due 2025 a final rating of ‘BB-‘, reflecting its strong market position in...

Arthaland’s ‘Green Bonds’ Offering OKd

The Securities and Exchange Commission (SEC) has approved a plan of boutique property developer Arthaland Corp. to raise as much as P6 billion through...

Could There Be a Halal Cryptocurrency?

Leaders at the Kuala Lumpur Summit 2019 last week called on Muslim nations to strengthen financial and trade cooperation, and to cut their reliance...

Cagamas Issues RM1.2b Bonds, Sukuk

National mortgage corporation Cagamas Bhd has announced the combined issuance of RM1.2 billion bonds and sukuk, comprising RM600 million Islamic Commercial Papers (ICPs), RM200...

US B2B Blockchain Company Inks Deal with JCB of Japan

The Japanese payment network JCB has signed a deal with the US blockchain-based commercial payment platform Paystand to provide the first end-to-end digital payment...

Sukuk Option to Fund Cirebon Job

YTL Power International Bhd is looking at the option of funding its US$2.5 billion Tanjung Jati A power project in Indonesia through the local...