Bank Islam Malaysia Bhd yesterday signed a Memorandum of Understanding with Petroliam Nasional Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd to provide financial solution to PETRONAS vendors nationwide via SME Vendor Financing Programme aimed at benefitting the local Oil & Gas Services and Equipment (OGSE) sector. 

With the aim of improving access to financing and liquidity to the OGSE players, Bank Islam, PETRONAS and SJPP collaborate via the SME Vendor Financing Programme, open to Malaysian SMEs, which have contracts with PETRONAS and are in compliance with Bank Islam’s credit assessment and SJPP’s eligibility and criteria.

Construction on the 1,681-unit Phase 4 of Perumahan Penjawat Awam 1 Malaysia (PPA1M) for civil servants is expected to begin in the third or fourth quarter of 2018, says Protasco Bhd.

The groundbreaking ceremony for the construction of this phase was held today at Precinct 19, Putrajaya, with the Chief Secretary to the Government Tan Sri Dr Ali Hamsa officiating. 

Coming into its fifth year of championship, the Super Schools Rugby Fifteens saw participation from seven elite rugby playing  schools vying for the Malaysia Airports Chairman’s Challenge Trophy. 

The championship finals between Malay College Kuala Kangsar (MCKK) and Sekolah Menengah Sains Hulu Selangor (SEMASHUR) will be held on 6 May 2018 at the Proton City Stadium, Tanjung Malim, Perak.