Malaysia’s corporate landscape saw a mix of fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA strengthened its renewable energy ambitions after its subsidiary issued RM1.05 billion in Asean Green SRI Sukuk to finance a 500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for green financing and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY raised RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...
Greece definitely know how to grab headlines.
The referendum announcement to decide on whether to accept austerity or not. Then, Greece becoming the first developed country to default on the IMF. Then the capital controls being imposed. The Greeks stand by their Prime Minister, Tsipras when 61% vote No. And then, the controversial Finance Minister at that time, Yanis Varoufakis resigned After Referendum, paving the way for a last round of discussion between Greece and the Euro creditors.
One last chance to stay in Euro?
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| Can this marriage be saved? |
The warning has been given: German Chancellor Angela Merkel warned that “only a few days” are left to reach a deal.
Euro-area finance chiefs will discuss Greece’s request on a conference call Wednesday morning, the first step toward restarting negotiations that Greece broke off late last month. The rapprochement lessens the risk that the European Central Bank will pull the plug on Greek banks, which are bleeding cash and have been shut for seven business days.
The roadmap toward a possible third medium-term aid program emerged from Tuesday’s meeting of euro finance ministers, the first since Sunday’s anti-austerity referendum and the appointment of Euclid Tsakalotos as Greek finance minister.
Finnish Finance Minister Alexander Stubb, an outspoken critic of Greece’s economic management, termed the meeting a “good conversation” with the new Greek minister.
It definitely sound more like good news though but will it be too late?
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