Tokio Marine Life Insurance Malaysia Bhd (Tokio Marine Life) launched TokioMarine-StarterPack, a life insurance plan which provides death coverage up to RM50,000. 

With premium rate less than RM0.50 per day, the insurance plan provides a lump sum payment in the event of death of the life assured. TokioMarine-StarterPack is a good solution to provide financial aid to the family, to meet immediate and ongoing living expenses.

Malaysian Global Innovation & Creativity Centre (MaGIC) held the Buy for Impact fair, a two-day public event held at Publika shopping mall, the past weekend. Buy for Impact is a flagship initiative under MaGIC’s Impact Driven Enterprise Accreditation (IDEA) programme, with a goal to sustain the momentum in helping the Impact Driven Enterprise (IDE) sector become more mainstream.

Buy for Impact aims to cultivate a conscious buying behaviour among the general public, as well as private and public sectors with the soon-to-be-released trademarked logo for goods or services by accredited Impact Driven Enterprises (IDEs). This will help inform consumers and encourage them to use their purchasing power either as an individual or an organisation to create a positive impact and help local or wider communities. 

HSBC has launched a new type of sustainable bond based on the United Nations Sustainable Development Goals (UNSDGs). This is the first time that a private sector entity has issued a benchmark-size bond of this type and reflects the Group’s commitment to financing projects that benefit communities and the environment.

Recent research commissioned by HSBC shows that 68% of global investors intend to increase their low-carbon related investments to accelerate the transition to a clean-energy economy. The US$1 billion raised from the HSBC SDG bond, which matures in 2023 and was three times oversubscribed, will be used to support projects that offer broad social, economic and environmental benefits as aligned to seven selected SDG targets. These could include hospitals, schools, small-scale renewable power plants and public rail systems.