Floods, Fintech, and the Future of Malaysia Disaster Relief Facility

Quick Summary:

Over 83,000 people have been displaced, seeking refuge in temporary shelters, while businesses grapple with damaged infrastructure, disrupted supply chains, and mounting financial losses.

The monsoon season has once again wreaked havoc across Malaysia, with the East Coast bearing the brunt of torrential rains.

These recurring floods are signs of a growing crisis that has been [...]

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Article Details

Author / Journalist: Izzat Najmi Abdullah

Category: StartupsBusinessTechnology

Markets: MalaysiaChinaIndonesiaPakistanTurkey

Topics: Southeast Asia Disaster Risk Insurance Facility (SEADRIF) World Bank Lending Bank Negara Malaysia Malaysia Disaster Relief Facility (DRF)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 02:33:19 (4 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 1564 words

Reading Time: 9 minutes read

Sentences: 96 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 24573686

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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