Kuala Lumpur, April 14 - Securities Commission Malaysia (SC) yesterday brought into effect a new guideline to allow the regulated short selling of corporate bonds in the Malaysian capital market.
With the new Guidelines on Regulated Short Selling of Corporate Bonds (Guidelines), Principal Dealers are now permitted to conduct regulated short selling of corporate bonds, expanding the range of bonds that can be short sold.
Kuala Lumpur, April 13- Criteo, the performance marketing technology company releases seasonal data to help eCommerce businesses better engage consumers.
Based on consumers’ online browsing and buying activity, the three weeks leading up to Ramadan, and more specifically, the third week of Ramadan represent the biggest opportunity for retailers to engage consumers when they are actively browsing and purchasing items for upcoming celebrations. During this period, there was an average of 67 percent uplift in online retail sales and 14 percent uplift in online travel sales.
Kuala Lumpur, April 5 – BIMB Investment Management Bhd (BIMB Invest), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, declared 7.1% (MYR class) and 6.9% (USD class) income distribution yield for its multi-currency global Shariah-ESG equity fund, the BIMB-Arabesque i Global Dividend Fund 1, exceeding its benchmark target of 6%.
BIMB Invest’s Chief Executive Officer Najmuddin Mohd Lutfi said, “We thank our investors for their support and remained invested in our fund and we are pleased to have delivered 7.1% (MYR class) and 6.9% (USD class) income distribution yield, exceeding the target benchmark of 6%.”