KUALA LUMPUR, 2nd June 2020: BIMB Investment Management Berhad (“BIMB Investment”), a wholly owned subsidiary of Bank Islam Malaysia Berhad, today unveiled its new wholesale Islamic fixed income fund, named BIMB Shariah IncomePlus Fund (BSIF).

BSIF is a wholesale Islamic fixed income fund that aims to provide sophisticated investors with a low risk investment portfolio offering a regular monthly income distribution (in the form of cash or additional units). The newly launched wholesale Islamic fixed income fund invests in a portfolio combination of cash and Sukuk as underlying assets that offers a higher cumulative return to sophisticated  investors while preserving their capital. 

Besides having serious implications for people’s health, COVID-19 is significantly impacting businesses and the economy. The Covid-19 pandemic has been, to say the least, grim for business.

Many are rapidly adjusting to the changing needs of their people, their customers and suppliers, while navigating the financial and operational challenges.

Malaysia’s property landscape has not been left unscathed by the fallout from the Covid-19 pandemic. With the Conditional Movement Control Order (CMCO) now in effect and more Malaysians returning to work, the focus for the property sector has been on bouncing back and overcoming the challenges of social distancing.

The pandemic and consequent Movement Control Order (MCO) which resulted in the nation’s economic shutdown had a profound impact on the property industry including real estate firms which employ over 25,000 registered estate agents (REA) and negotiators (REN)s.

Finally, some good news! As families are bracing for the new normal and stepping up efforts to boost hygiene at home, Coway is doing their part with the introduction of ‘Rasa Sayang’ campaign − with 5 valued-added services that will be available to customers from June 2020 onwards. 

Kuala Lumpur, 29 May 2020 – Coway Malaysia’s Managing Director, Kyle Choi Ki Ryong announced that Coway will now provide additional Life-Changing Services to its valued customers via its Heart Service, Mattress Care Service, Health Planning Service as well as its Product Installation, Relocation and Repair services. 

“As The Life Care Company and a leader in clean air technology, Coway strives to make our environment a better, cleaner and safer place, wherever we are. What more appropriate time than now as we battle the pandemic,” he added.