Financial Digest

SC seeks to transform agri sector via fintech, alternative financing

  • 📰 DNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Access to finance is critical to agriculture's future, said SC chairman Capital market could help Malaysia achieve its food security agenda The Securities Commission Malaysia (SC) encourages the broader adoption of financial technology (fintech) in agriculture to help achieve the country's food security agenda. SC Chairman Awang Adek Hussin (pic) said access to finance is critical to agriculture's future.

Access to finance is critical to agriculture's future, said SC chairmanThe Securities Commission Malaysia encourages the broader adoption of financial technology in agriculture to help achieve the country's food security agenda.said access to finance is critical to agriculture's future.

Recognising the challenges MSMEs face in the agriculture sector, Awang Adek said that leveraging fintech solutions will help improve access to financing and increase efficiency. "Alternative financing avenues such as equity crowdfunding and peer-to-peer financing allow investors with the right risk appetite to mobilise capital directly for agri-preneurs," he said.

Awang Adek said,"Malaysia was also the first country in this region to adopt a co-investment model, MyCIF, specifically for alternative finance platforms." MyCIF was instrumental in providing MSMEs with financing during the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Capital Markets Malaysia launches first corporate venture capital programme to advance local ecosystemsBuilds on existing ecosystem to link players across private & public markets Partners MDEC to promote corporate venturing as innovation & growth strategy Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), launched on 21st March, the nation’s first Corporate Venture Capital (CVC) Programme to advance the domestic venture capital (VC) and private equity (PE) ecosystem by stimulating corporate investments by larger public listed companies (PLCs).
Source: DNewsAsia - 🏆 23. / 51 Read more »

Malaysia’s Penjana Kapital Partners With Indonesia’s Indies Capital Partners and AC VenturesPenjana Kapital, the Malaysian government’s initiative to develop startups, has signed a Memorandum of Cooperation with Indonesian investment firms, Indies Capital Partners and AC Ventures.
Source: DNewsAsia - 🏆 23. / 51 Read more »