Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund

Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).

San Marina Bay, Singapore

From government to grassroots: Businesses and communities shape Singapore’s digital future in Smart Nation 2.0

A decade after launching its original Smart Nation initiative, Singapore is poised to embark on the next phase of transformation: #SmartNation2.0. This refreshed strategy is…

AirAsia X shareholders back acquisition of Capital A’s aviation business

Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the…

MOSTI announces seven local startups as winners of MYHACKATHON 2024 Cohort 1

The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia and its agency, Cradle Fund Sdn. Bhd. (Cradle), have announced the list of seven winners for the MYHackathon…

Malaysia’s online crime cases increase 35.5 pct in 2023 with e-commerce crime accounts for 33.2 percent

Malaysia's online crime cases increased 35.5 percent year on year to 34,532 cases in 2023 from 25,479 cases in the previous year, with e-commerce crime accounted for 33.2 per…

UBS sees Malaysia’s green technology, data center as sectors of interest for foreign investors

Malaysia's green technology and data center are some of the sectors of interest for foreign investors, UBS said in its recent note.

Khazanah Nasional to launch initiatives to advance Malaysia’s venture capital ecosystem

Malaysia's sovereign wealth fund Khazanah Nasional Berhad (Khazanah) will launch the Emerging Fund Managers’ Program (EMP) and the Regional Fund Managers’ Initiative (RMI) under…

UAE’s DAMAC announces $1B investment in data center projects, forms strategic JV with Thai-based PROEN

The Asia-Pacific data center market is also projected to experience significant growth. The market size is estimated at 14.27 thousand MW in 2024 and is expected to reach 23.2…

Malaysia EV market slows amid consumer worries over charging docks & high maintenance costs

The Malaysian car market, which is traditionally dominated by petrol vehicles, is now witnessing a gradual shift in interest towards EVs – with 25 percent of Malaysians being…

Malaysia Retail Chain Association collaborates with Maxis to drive 5G technology adoption in the retail sector

Malaysia Retail Chain Association (MRCA), a 562-member organization representing Malaysian retailers and Maxis, a Malaysia-based integrated telco, have signed a memorandum of…