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Malaysia begins marketing its first sustainability Sukuk

Malaysia begins marketing its first sustainability Sukuk Bloomberg Malaysia has started marketing its first sustainability Sukuk, adding to a growing number of countries turning to debt financing for environmental projects. The Southeast Asian nation is marketing US dollar-denominated Islamic finance securities in 10-year and 30-year parts, and the shorter tenor is a sustainability offering, a person familiar with the matter said. The deal might price as soon as today, said the person, who asked not to be identified as the details are private. Sustainable debt issuance rose 29 percent last year to a record US$732 billion, BloombergNEF figures showed. Indonesia sold green debt that complies with religious principles in 2018, making it the first country in the world to issue such securities, a UN Development Programme report said.

Malaysia Kicks Off Its First-Ever Sustainability Sukuk Deal

Malaysia Kicks Off Its First-Ever Sustainability Sukuk Deal Bloomberg 1 hr ago Finbarr Flynn and Harry Suhartono (Bloomberg) Malaysia started marketing its first-ever sustainability Sukuk, adding to a growing number of countries turning to debt financing for environmental projects. Popular Searches The Southeast Asian nation is marketing dollar-denominated Islamic finance securities in 10-year and 30-year parts, and the shorter tenor is a sustainability offering, a person familiar with the matter said. The deal may price as soon as today, according to the person, who asked not to be identified as the details are private. Click here for more details on the initial price guidance

Thai tycoon s US$17bil bid for Telecom giants draws sceptics

Thai tycoon s US$17bil bid for Telecom giants draws sceptics
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Tycoon s $17 Billion Bid for Telecom Giants Draws Skeptics

Tycoon s $17 Billion Bid for Telecom Giants Draws Skeptics
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Singapore central bank seen on hold on growth risks from COVID-19 - Reuters poll

3 Min Read SINGAPORE (Reuters) - Singapore’s central bank is expected to leave monetary policy on hold at its April review, economists said, as the trade and finance hub’s economic growth remains susceptible to risks from the COVID-19 pandemic that is still raging globally. All 15 economists in a Reuters poll expect the Monetary Authority of Singapore (MAS) to keep its exchange-rate based policy settings unchanged at its bi-annual meeting due on or before April 14. “The downside risk persists amidst multiple waves and variants of COVID-19 causing havoc around the world,” said Prakash Sakpal, at ING. “Hence any tightening or a shift to the S$-NEER (Singapore Dollar Nominal Effective Exchange Rate) appreciation policy at the moment is likely to be premature.”

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