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🇲🇾 Malaysia /Economy & Trade

Malaysia's Bursa Sosial platform aims to strengthen capital market's role in social sector funding

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Malaysia's Securities Commission has launched Bursa Sosial, a platform designed to enhance the capital market's contribution to the social sector by facilitating transparent and organized fund distribution.
  • The initiative aims to leverage the capital market's capabilities to attract corporate participation in channeling donations to non-profit organizations (NPOs).
  • The platform has already gathered eight NPOs focusing on healthcare access, food security, youth development, palliative care, and environmental sustainability, with a combined fundraising target exceeding RM22 million.

Malaysia's capital market is set to play a more significant role in supporting the social sector through the newly launched Bursa Sosial platform. Developed by the Securities Commission (SC), the initiative aims to streamline and increase the transparency of fund distribution to non-profit organizations (NPOs).

We have a social sector that needs contributions, and the SC is using its existing capabilities to attract participation and donations from corporate companies.

· Liew Chin TongDeputy Finance Minister Liew Chin Tong explaining the purpose of the Bursa Sosial platform.

Deputy Finance Minister Liew Chin Tong highlighted the platform's potential to channel corporate contributions effectively to the third sector. "We have a social sector that needs contributions, and the SC is using its existing capabilities to attract participation and donations from corporate companies," he stated at the official launch in Kuala Lumpur.

The government has allocated a RM2 million grant under the 2026 Budget to support NPOs participating in Bursa Sosial, helping to cover their participation and fundraising costs. The launch event also saw commitments totaling RM60,000 from three corporate bodies, indicating growing private sector interest in supporting social impact projects.

Through the SC and this Bursa Sosial platform, contributions can be channeled to the third sector, which is the non-profit sector.

· Liew Chin TongDeputy Finance Minister Liew Chin Tong elaborating on the platform's function.

Bursa Sosial currently features eight NPOs addressing critical areas such as healthcare access, food security, youth development, palliative care, and environmental sustainability. These organizations have collectively set fundraising targets exceeding RM22 million. Notable projects include MySkills Foundation's Project STAR for at-risk youth (RM7.87 million), Food Aid Foundation's nationwide food security initiative (RM6.29 million), and the National Cancer Society Malaysia's Homes of Hope program (RM3.57 million).

In the future, we hope to see more collaboration between the capital market and various sectors in addressing social challenges.

· Liew Chin TongDeputy Finance Minister Liew Chin Tong expressing hopes for future partnerships.
About this summary

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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