MAF To Support Dixon In Marathon Des Sables

March 12, 2010 by admin  
Filed under Initiatives

The Malaysian AIDS Foundation is in support of its trustee, Mr Ralph Dixon, who will be participating in the Marathod Des Sables 2010. The marathon, which is in its 25th Edition, will take place from 2-12 April 2010. Read more

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Actors Studio and MAF Team Up for HIV Awareness

March 5, 2010 by admin  
Filed under Initiatives

The Actors Studio will be partnering with the Malaysian AIDS Foundation to present Life Sdn. Bhd. 5: I’m Positive! for five days from 24 to 28 March. Read more

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Hai-O’s Festive Season’s Philanthropy

March 4, 2010 by admin  
Filed under News Bites

The philanthropic arm of Hai-O Group of Companies, Hai-O Foundation, donated RM100,000 to Association of Wives of Ministers and Deputy Ministers (Bakti) towards charity recently. Hai-O Marketing Sdn Bhd Business Development manager, Shahrizan Idris, was quoted as saying: Read more

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MEASAT Offers Post-Grad Scholarships In Space Studies

February 19, 2010 by admin  
Filed under News Bites

Measat Satellite Systems Sdn Bhd (MEASAT) recently announced that it will offer a fully-paid scholarship for a Masters Degree in Space studies or Space Management as part of its corporate social responsibility (CSR) programme. The company’s plan is to focus on supporting the development of future technology leaders for the Malaysian industry.

The one-year scholarship, from September this year, is open to Malaysians aged 35 and below, and the studies are to be undertaken at at the International Space University in Strasbourg, France. Applicants should have a strong command of verbal and written English and an accumulative minimum grade point average of 3.6.

Applicants are required to send in their applications no later than 1 March 2010. More details are available at www.measat.com.

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AFB Sponsors Islamic Finance

February 18, 2010 by admin  
Filed under News Bites

Asian Finance Bank Bhd (AFB), the Malaysian unit of Qatar’s biggest Islamic bank, seeks to form a collaboration with a local university to sponsor at least five students annually to pursue their bachelor’s degree in business administration, majoring in Islamic finance, its chief executive officer, Datuk Mohamed Azahari Kamil, told Bernama recently.

sian Finance Bank Bhd (AFB), the Malaysian unit of Qatar’s biggest Islamic bank, expects to disburse RM1.5 billion in funding this year compared with RM1 billion last year.

Its chief executive officer, Datuk Mohamed Azahari Kamil, said the bank expected 40 per cent of the total funding to go to cross-border deals, especially those involving West Asia, Malaysia as well as in Indonesia.

“The bank hopes to develop cross-border deals within the region to develop the branding of Asian Finance. We believe there are a lot of potential in Indonesia for the development of syariah-compliant investment instruments,” he told reporters after distributing angpow packets and mandarin oranges to expressway users at Sg Besi toll plaza here Friday.

Currently, AFB has a representative office in Indonesia funding infrastructure and oil and gas projects, he said.

Mohamed Azahari said AFB also worked with Malaysian parties on the development of their projects in West Asia.

“The bank is now working on funding for Malaysian parties involved in oil exploration and production in Oman.

“We are working to provide both corporate advisory services and possible funding,” he said.

He said AFB would develop its fund management division and work closely with Indonesia and West Asian fund managers to capitalise on its fund management operations.

Mohamed Azahari said the bank currently has two branches in Malaysia and has received approval to open another in Kuching, Sarawak this year.

“The Kuching branch is expected to operate by the second half of this year,” he said.

On its corporate social responsibility, he said, AFB aimed to sign strategic collaboration with a local university to sponsor at least five students yearly to pursue their bachelor’s degree in business administration majoring in Islamic finance.Asian Finance Bank Bhd (AFB), the Malaysian unit of Qatar’s biggest Islamic bank, expects to disburse RM1.5 billion in funding this year compared with RM1 billion last year.

Its chief executive officer, Datuk Mohamed Azahari Kamil, said the bank expected 40 per cent of the total funding to go to cross-border deals, especially those involving West Asia, Malaysia as well as in Indonesia.

On its corporate social responsibility, he said, AFB aimed to sign strategic collaboration with a local university to sponsor at least five students yearly to pursue their bachelor’s degree in business administration majoring in Islamic finance.

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Air Asia & UNICEF Collaborate To Raise Funds For Haiti

February 16, 2010 by admin  
Filed under News Bites

AirAsia and the United Nations Children’s Fund (Unicef) plans to raise RM438 million (USD128 million) for children and families in Haiti. AirAsia’s group chief executive officer, Tony Fernandes, was reported to have said that the company has a dedicated link on its website to allow guests to contribute to the Haiti Earthquake Children’s Appeal 2010 fund. Read more

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Haiti: Is Your Money Going Where It’s Supposed To?

February 16, 2010 by admin  
Filed under Editorials

The amount of money heading to (or already in) Haiti is staggering. Just take a look at the Huffington Post’s list of corporate donations from the USA! In fact, Reuters reported that the USA plans to give more to Haiti than to the tsunami disaster victims, amounting to a cool USD519 mill on 27 Jan 2010. In Malaysia, L’Oreal, Air Asia and a few other corporations and nonprofits, notably Mercy Malaysia, have gone all out to help out with collecting donations for the disaster-stricken country. Read more

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