Business Daily Media

Men's Weekly

.

Ramadan 2024: Octa broker's diverse charity agenda

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 17 March 2025 - Ramadan is the ninth month of the Islamic calendar, a festive time marked by family gatherings, communal bonding, and spiritual development.

In 2024, a global broker Octa carried out several charity projects in various countries to celebrate Ramadan, driving education and long-term social benefits.

Octa Broker

Each year, the month of Ramadan comes forth as a unifying force for Muslims all over the world. Since the Ramadan state of mind is characterised by deep reflection and a sense of connection, Octa aimed its latest Ramadan charity initiatives at fostering education and building strong social bonds. Below are Ramadan-related charity projects implemented by Octa broker in 2024.

Indonesia
In the wake of the holy month of Ramadan in 2024, Octa funded the renovation of SD NEGERI DEPOK, a school in Depok City, West Java, Indonesia. On 27 April, Octa representatives and local officials held the opening of the renovated school and presented gifts to the children. The main stakeholders expressed satisfaction with the project's outcome and offered their best wishes to the local students.

The project aimed to improve and expand the local educational infrastructure to address the increasing number of students in the region. Another key objective was to provide moral encouragement to students and motivate them to be proactive in pursuing knowledge and studying science.

Malaysia
To celebrate Ramadan in Malaysia, Octa sponsored STATUS 200, a coding bootcamp for students of Ideas International, an inclusive secondary school located in Kuala Lumpur.

STATUS 200 was held in three stages, from July to November 2024. Octa fully funded the project, allocating some slots to students supported by UNHCR (the UN Refugee Agency). To promote diversity, equity, and inclusion, Octa also granted 50% of the slots within the programme to female students.

Twelve students achieved Stage 2 certification and enrolled in Stage 3, finishing it with impressive results. The graduates successfully completed their final assignments—each had to develop a fully functional webshop from scratch. Based on these individual projects, the graduates' skill levels met the requirements for a junior web developer position.

With STATUS 200, Octa made another step towards its long-term social mission: to bring lasting positive change to local communities through small steps—incremental, targeted, and timely initiatives.

Nigeria
In 2024, Octa carried out three charity projects in Nigeria around the holy month of Ramadan:

  • Providing 300 children with educational supplies: due to a harsh economic crisis, many parents in economically challenged areas of the country cannot afford the basic school fees for their children and educational materials. Octa joined forces with a local charity, KIR Foundation, to provide students with much-needed supplies, including writing materials, dictionaries, and school bags, promoting accessible education and driving social development.
  • Training 25 youths in tech skills: Octa and KIP organised training courses to empower unemployed or underemployed youth with tech skills, including data science, cybersecurity, and graphic design.
  • Establishing yet another reading corner: reading corners are mini libraries set up in less-developed city areas or public primary schools. They enable children to improve their literacy skills and develop a lifelong love for reading. In 2024, Octa and KIR have set up 24 reading corners throughout 14 states, reaching 9,209 children and donating 3,763 books.
In 2024, Octa's Ramadan-related charity initiatives contributed to long-lasting positive change in local communities, enhancing the career potential of local students of various age groups. In 2025, the global broker will keep up with the good tradition and carry out new dedicated charity projects to celebrate Ramadan. Stay tuned!

__

Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

News from Asia

Chubb Life Hong Kong Launches Chubb 1792 Club: A New Era in Tailored Wealth Management Services

With a legacy of excellence, expertise, and a bold vision, Chubb Life HK is meeting rising demand for sophisticated, future-focused financial planning through bespoke legacy and wealth solutions HO...

When Golden Sunflower Meets Bauhinia: HONGQI Showcases Oriental Luxury at 2025 International Automotive and Supply Chain Expo(Hong Kong)

CHANGCHUN, CHINA - Media OutReach Newswire - 16 June 2025 - From June 12 to 15, FAW HONGQI unveiled its luxury vehicle lineup at the 2025 International Automotive and Supply Chain Expo(Hong Kong)...

Salmon Raises $88 Million To Grow Its Business In The Philippines, Sets Up A $150 Million Nordic Bond Framework Agreement For Scaling Up

MANILA, PHILIPPINES - Media OutReach Newswire - 17 June 2025 - Salmon Group Ltd ("Salmon"), a leading emerging markets financial services firm, operating a financing company and BSP-regulated bank...

The 6th "Straits Financial Forum: Taiwan Enterprise Development Forum" held in Xiamen

XIAMEN, CHINA - Media OutReach Newswire - 16 June 2025 - "Straits Financial Forum: Taiwan Enterprise Development Forum," an essential event of the 17th Straits Forum, was held in Xiamen on June 14...

Etiqa Insurance Singapore Extends Support to Customers Impacted by Jetstar Asia’s Impending Closure

Goodwill coverage for affected travel insurance customers includes extending claim submission period from 30 to 90 days to help customers better manage their travel disruptions SINGAPORE - Media O...

Amazon Singapore’s Prime Day Returns in July with First-Ever Week-Long Event from 8 to 14 July

Prime members can access thousands of deals across popular categories with a refreshed shopping experience on Amazon.sg. Shop some of Amazon's top discounts, including deals from top local and in...

Beyond a loyalty program: Octa broker upgrades its rewards program

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 June 2025 - Octa, a globally recognised broker since 2011, will release its new status program for all regions in the third quarter of 2025...

Discover Naomi Neo’s Secret to Safer and Smarter Parenting with the imoo Watch Phone X10

SINGAPORE - Media OutReach Newswire - 17 June 2025 - Smartphones have become an everyday essential for adults. So, it's natural for children to want one. Many parents see smartphones as useful too...

InvestHK concludes fruitful Canada visit to deepen economic and business ties

HONG KONG SAR - Media OutReach Newswire - 17 June 2025 - Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng today (June 14) concluded his visit to Cana...

Hong Kong Baptist University and Elsevier Report Charts Global Growth of Chinese Medicine Research, Calls for Standardised Frameworks for Broader Integration

ISTANBUL, TURKEY - Media OutReach Newswire - 17 June 2025 – The report "Evolving Legacy: Decoding the Scientific Trajectory of Chinese Medicine" released today by Hong Kong Baptist University (HKB...

How reducing revenue leakage could help your business stay in the black in FY2026

It’s time to stop legacy revenue management platforms and processes draining your profitability. Is boosting the bottom line an overarching goal ...

Technical Debt Stifling Path to AI Adoption for Global Enterprises

Outdated legacy technologies costing organisations the ability to innovate, money, time and potentially, even customers Technical debt and an ov...

Attract. Impress. Keep. The new small business growth playbook

Running a small business is a marathon that often feels like a sprint. You are chasing leads, juggling admin, building a brand and trying to carve...

Amazon to expand data centre infrastructure in Australia and strengthen AI

Amazon has announced plans to invest a new total of AU$20 billion from 2025 to 2029 to expand, operate, and maintain its data centre infrastructur...

How AI is Reshaping Banking in Australia

AI in the Banking and Financial Services Industry  From fraud detection and credit scoring to personalised financial advice, AI is transforming t...

Tracksuit set for growth after $38M investment

Tracksuit Raises $38M Series B to Accelerate Global Expansion and Boost its Growing US Presence VMG Partners leads oversubscribed round; Tracksui...

Sell by LayBy