Mythas Legacy Sdn. Bhd. and First Avenue Partners (Asia) Sdn. Bhd. launched its Love Harbour Melaka project with a target revenue projection of RM32 million in the first year.

The organisation expects great fortune as the revenue projection for the following year is expected to rise to RM48 million and up to RM72 million the year after.

Syarikat Takaful Malaysia Berhad (Takaful Malaysia) launched an online sales portal called “Click for Cover” as a beginning of its venture into digital insurance. 

The launch also witnessed the signing of a memorandum of agreement with Fusionex International, a market leader in data technology, analytics and AI and ReMark International, a digital marketing specialist company. Collaboration agreements for online distribution with Lembaga Tabung Haji (LTH) and Bank Islam (BIMB) were also signed to introduce online Takaful products to depositors of LTH and customers of BIMB.

CIMB Bank Berhad and CIMB Islamic Bank Berhad have introduced the Cross-Border Solutions, which enables customers with CIMB accounts in Malaysia and Singapore to enjoy cross-border banking experience.

With their CIMB conventional or Islamic accounts in both countries, they are able to conduct cross-border banking seamlessly between Malaysia and Singapore, to provide convenience for transactions like fee-waived fund transfers, preferential forex rates for online transfers and bill payments.