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Malaysia’s Maybank launches Islamic wealth management hub in Singapore
Maybank, Malaysia’s leading lender by assets, inaugurates an Islamic wealth management regional offshore hub in Singapore. This move aligns with Singapore’s attraction of substantial wealth inflows due to political stability, favourable tax conditions, and conducive policies for fund establishments. Maybank Islamic Bhd, Maybank’s Islamic banking arm, stands as the world’s fifth-largest Islamic bank with assets totalling $67 billion. The launch positions Maybank as the pioneer in Singapore to provide comprehensive “end-to-end Islamic wealth solutions,” addressing the escalating global demand for Shariah-compliant wealth products and services.
Read the original article here: https://www.msn.com/en-us/money/companies/malaysias-maybank-launches-islamic-wealth-management-hub-in-singapore/ar-AA1ke4Fq
DreamFolks enters Malaysia with airport technology
Indian airport service aggregator, DreamFolks expands its global footprint with a foray into the Malaysian market. The company is poised to introduce its technology services at three prominent Malaysian airports: Kuala Lumpur, Kota Kinabalu and Kuching International Airport. Passengers navigating these airports will enjoy seamless lounge access through DreamFolks’ EDC devices, facilitating effortless transactions with a quick tap or swipe of their bank cards. Alternatively, travellers can utilise the DreamFolks web access portal to bypass queues, obtaining lounge access by generating a QR code.
Read the original article here: https://www.msn.com/en-in/money/topstories/dreamfolks-services-shares-rise-after-firm-announces-malaysia-foray/ar-AA1kd4sc
Australia beat India by six wickets to clinch sixth World Cup title
In a spectacular display of cricket prowess, Australia clinched their sixth World Cup title by defeating India by six wickets in the final. Travis Head emerged as the hero with a brilliant knock of 137 runs, steering Australia to victory. After restricting India to a total of 240 runs, the Australian batsmen successfully chased down the target of 241 runs, losing only four wickets in the process.
Read the original article here: https://www.msn.com/en-in/news/other/australia-beat-india-by-six-wickets-to-clinch-sixth-world-cup-title/ar-AA1kbGWR
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