Asia and the Pacific

Asia and the Pacific

RAM Downgrades MRCB Southern Link’s RM845m Sukuk

RAM Ratings has downgraded the long-term rating of MRCB Southern Link Bhd’s RM845 million senior sukuk to C1 from BB3 on heightened default risk...

Chi Mei Issues Record Green Bond Amount

Chi Mei Corp, a supplier of plastic and rubber materials, yesterday issued NT$5 billion (US$162.9 million) in green bonds, making it the largest issuer...

Malaysia to Use Blockchain For Bettering Islamic Finance, Renewable Energy and...

The Malaysian Industry-Government Group for High Technology (MIGHT) has been set up by the Malaysian Government to lead moves to explore blockchain solutions in...

Malaysia’s Islamic Banking Industry Will Achieve 40% Market Share by 2020,...

With the introduction of value-based intermediation (VBI) by Bank Negara Malaysia (BNM) in 2017, the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM)...

Green Finance Association Launched in Hong Kong

As Hong Kong moves to develop itself into a green financial hub, senior executives from major financial institutions and think-tanks last week formally launched...

Indonesia to Host Int’l Halal Lifestyle Conference

Bank Indonesia(BI) will organize the International Halal Lifestyle Conference and Business Forum to help unlock Indonesia’s potential in the global halal industry chain. BI’s sharia...