Asia and the Pacific

Asia and the Pacific

Berjaya Land Sells Vietnam Hotel, Paramount to Raise $192m via Sukuk

Malaysia-based property group Berjaya Land Bhd has proposed to divest its entire stake in TPC Nghi Tam Village (TPC Village) while local property developer...

Islamic Finance Practice Vital to Sustainable Development Goals – Dr Umar

An Islamic finance expert and member, Shari’iah Committee of the International Islamic Liquidity Management Corporation, Malaysia, Dr Bashir Aliyu Umar has said that Islamic...

ADB Buys B.Grimm Green Bonds to Back Thai Solar Capacity

Thailand’s B.Grimm Power PCL (SET:BGRIM) will receive THB 5 billion (USD 152.5m/EUR 133.8m) from the Asian Development Bank (ADB) in support of almost 100...

Paramount Establishes RM800m 20-Year Sukuk Programme

Paramount Corp Bhd has established a 20-year unrated Islamic Medium Term Notes (Sukuk Murabahah) Programme of up to RM800 million in nominal value. In a...

Changes in Chinese Capital Development Will Influence Green Finance

Although the uptake has been slow from an international perspective, it appears that China's effort to change the way that it deals with capital...

Cabinet to Approve Panda Bond Floatation Today

The Cabinet will accord formal approval Thursday (today) to floating an international sovereign Panda Bond in the Chinese capital market to raise financing in...