<div class=newsTextDataWrapInner><p>SINGAPORE (April 28): Spring Singapore has launched a $500 million Venture Debt Programme (VDP) with DBS, OCBC and UOB to support high-growth enterprises.</p></div>

<div class=newsTextDataWrapInner><p>Under the programme, about 100 venture debt loans will be catalysed over two years and Spring will provide 50% risk-sharing to the financial institutions.</p></div>

<div class=newsTextDataWrapInner><p>Small and medium-sized enterprises and startups can apply for venture debt loans of up to $5 million each for working capital, assets, projects or M&amp;As (mergers and acquisitions) for business expansion purposes.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The VDP was announced during Budget 2015 as a complement to current government loan financing schemes.</p></div>

<div class=newsTextDataWrapInner><p>Venture debt is a form of alternative financing for enterprises with high growth potential, but which may not have established revenue streams or assets to use as collaterals.</p></div>


SINGAPORE (April 28): Spring Singapore has launched a $500 million Venture Debt Programme (VDP) with DBS, OCBC and UOB to support high-growth enterprises.

Under the programme, about 100 venture debt loans will be catalysed over two years and Spring will provide 50% risk-sharing to the f...

Spring Singapore launches $500 mil Venture Debt Programme for high-growth SMEs

President Claudia Sheinbaum’s administration will offer greater incentives for companies to relocate their manufacturing operations to Mexico in order to be closer to the US market, including by granting tax incentives, according to a decree published on Tuesday.

Sheinbaum kicks off Mexico nearshoring incentives with decree

US President Donald Trump's tariff plans would mean higher car prices for US consumers and hit global automakers, Germany's powerful car industry warned on Tuesday, as auto stocks fell on the prospect of higher US import duties.

Hildegard Mueller, the president of Germany's VDA auto association, told an annual press conference that Trump's threatened tariffs would drive up US inflation.

German carmakers say Trump tariffs would hurt US consumers, industry

President Donald Trump began his second term by taking world financial markets on a daylong rollercoaster ride over his tariff policies, in a sign of turbulence ahead for investors and executives.

Trump’s tariff shifts are a warning for corporate America to expect whiplash

The Inland Revenue Board (IRB) has begun issuing official receipts in a new format as proof of tax payments made manually at the Kuala Lumpur Revenue Management Centre (PPTHKL) counters since Monday.

IRB introduces new official receipt format for manual tax payments

ACE Market-listed KTI Landmark Bhd (KL:KTI) is exploring a potential affordable housing project in Kota Kinabalu, Sabah, to be jointly developed with a state government agency.

KTI’s wholly owned unit KTI Sdn Bhd accepted a letter of intent in relation to the project from Sabah’s Housing and Town Development Authority on Tuesday, according to the integrated property developer’s bourse filing.

KTI Landmark explores affordable housing project in Kota Kinabalu

Selangor State Land and Mines Office (PTGS) director Datuk Dr Yusri Zakariah on Tuesday confirmed that seven staff members from the Klang District and Land Office (PDT) were among 17 civil servants arrested over illegal land transfer activities.

Seven Klang district staff members among 17 detained over illegal land transfer activities, says S'gor Land and Mines Office

MNRB Holdings Bhd (KL:MNRB) has reported a 36.93% increase in its third quarter net profit to RM115.86 million from RM84.61 million a year earlier on the back of a RM136.7 million jump in the group’s insurance service earnings.

MNRB's 3Q net profit rises 37% on higher insurance service earnings

Stocks in India fell to their lowest level since June, as corporate earnings so far this season have offered little hope to investors betting on an economic recovery.

Indian stocks are among Asia’s biggest losers as selloff deepens

YNH Property Bhd (KL:YNHPROP) is disposing of a two-storey shopping centre, AEON Mall Seri Manjung in Perak, to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million.

YNH to sell AEON Mall Seri Manjung to Sunway REIT for RM138m

Ann Joo Resources Bhd (KL:ANNJOO) has been ordered by the High Court to pay Amsteel Mills Sdn Bhd RM11.98 million in general damages over a supply contract dispute.

Ann Joo ordered to pay Amsteel Mills RM11.98m over supply contract dispute

<p>Payment under Phase 1 of Sumbangan Tunai Rahmah&nbsp;or Rahmah Cash Donation (STR) will be disbursed in stages from Wednesday, according to the Ministry of Finance (MOF).</p>


Sumbangan Tunai Rahmah's Phase 1 payment starts on Wednesday

<p>RichTech Digital Bhd, which distributes electronic reloads and provides bill payment services, has launched the prospectus for its ACE Market initial public offering (IPO) to raise up to RM20 million.</p>


RichTech launches ACE Market IPO prospectus, seeks to raise up to RM20m

<p>President Donald Trump wasted no time announcing steps to implement many of his campaign pledges, including on immigration, energy, the military and federal workforce, casting many as reversing the policies of his predecessor, Joe Biden.</p>


A rundown of Trump’s executive actions, from tariffs to immigration

<p>The two sons of former prime minister Tun Dr Mahathir Mohamad have together declared assets worth RM1.2 billion to the Malaysian Anti-Corruption Commission (MACC), <em>Bloomberg </em>reported on Tuesday.&nbsp;</p>


Mahathir's two sons declare RM1.2 bil assets to MACC — Bloomberg

<p>THE days of “super big profits” once enjoyed by Sime Darby Bhd (KL:SIME) in China’s car market are over, but the automotive and industrial equipment trading company remains confident in its long-term prospects.</p>

<p>Executive director and group CEO Datuk Jeffri Salim Davidson still believes ...

Special Report: China’s car-making juggernaut keeps Sime Darby CEO up at night

<p>Datuk Seri Najib Razak claimed that the legality of the government task force investigating the multi-billion-dollar 1Malaysia Development Bhd (1MDB) debacle was questionable.</p>


Najib claims 1MDB govt task force disbanded due to unlawfulness

<p>The government is reviewing a more targeted approach to assist the public, replacing the method of providing toll-free travel during festive seasons, said Works Minister Datuk Seri Alexander Nanta Linggi.</p>


No more toll-free travel during festive seasons — minister

<p>A who’s who of the world’s wealthiest people surrounded US President Donald Trump as he took the oath of office — gathering a combined net worth exceeding US$1.3 trillion (RM5.8&nbsp;trillion) for the occasion.</p>


The new order: Tech billionaires worth US$1.3 tril at Trump inauguration

<p>KUALA LUMPUR (Jan 21): Aluminium smelting and extrusion facility, Press Metal Aluminium Holdings Bhd’s (KL:PMETAL) fourth quarterly earnings are expected to come in a range of RM375 million to RM400 million, according to Hong Leong Investment Bank (HLIB).</p>


Press Metal’s 4Q earnings to be boosted by associate PT Bintan’s contribution amid high alumina prices, says HLIB

<p>Malaysia’s National Water Services Commission (SPAN) on Tuesday raised concerns over the extensive, unsustainable use of potable water by data centres in the country.</p>


SPAN calls out data centres for unsustainable use of potable water 

<p>Former prime minister Datuk Seri Najib Razak insisted that 1Malaysia Development Bhd (1MDB) benefitted the nation despite the crippling debt forced upon it, according to his court testimony on Tuesday.</p>


Najib maintains 1MDB benefitted country, despite overwhelming debt

<p>Datuk Seri Najib Razak does not appear to see anything wrong with getting updates on the then-ongoing investigations into 1Malaysia Development Bhd (1MDB) scandal.</p>


Najib sees nothing wrong with getting updates on investigations involving him

<p>A tariff war with the US will cut into economic growth of a trading bloc of Southeast Asian nations, China, Japan and South Korea, according to a regional macroeconomic surveillance organisation.</p>


Retaliatory tariffs against US could shave Asean+3 growth by up to 2%, AMRO warns

<p>President Donald Trump signed an executive order on Monday to create an advisory group called the Department of Government Efficiency aimed at carrying out dramatic cuts to the US government, attracting immediate lawsuits challenging its operations.</p>


Trump announces 'DOGE' advisory group, attracting instant lawsuits

<h2>Notable filings</h2>

<p>From Dec 30, 2024, to Jan 3, notable filings on shareholding changes at Bursa Malaysia-listed companies include those at <strong>Berjaya Corp Bhd</strong> (KL:BJCORP) which saw Kossan Holdings Sdn Bhd cease being a substantial shareholder of the consumer conglomerate.<...

Insider Moves: Berjaya Corp Bhd, Sunway Bhd, HIL Industries Bhd, Mestron Holdings Bhd, Malakoff Corp Bhd, Velocity Capital Partner Bhd 

<p>Oil and gas pipes supplier&nbsp;Saliran&nbsp;Group Bhd has entere<wbr />d into an underwriting agreement with Malacca Securities, in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.&nbsp;&nbsp;</p>


Saliran Group inks underwriting agreement with Malacca Securities for ACE Market IPO

<p>President Donald Trump on Monday laid out a sweeping plan to maximise oil and gas production, including by declaring a national energy emergency to speed permitting, rolling back environmental protections, and withdrawing the US from an international pact to fight climate change.</p>


Trump says to unleash American fossil fuels, halt climate cooperation

<p>Malaysia's automotive sector total industry volume is expected to normalise to a three-year low of 780,000 units this year, according to the Malaysian Automotive Association’s (MAA) projection, having hit a record 816,747 units in 2024.</p>


MAA sees 2025 vehicle sales at three-year low after 2024 TIV hits new record

<p>President Donald Trump launched his second term with a strident inaugural address that vowed to prioritise America’s interests with a “golden age” for the country, while taking on “a radical and corrupt establishment.”</p>


Trump inaugural speech vows ‘golden age’ to undo US decline

<p>Bursa Malaysia Bhd (KL:BURSA) chairman Tan Sri Abdul Wahid Omar has called for Asean nations to adopt a common time zone of GMT+8 to foster greater economic integration across the region.</p>
