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…
Singapore finance platform Aspire receives in-principle approval for major payment institution licence from MAS
The MPI license will enable Aspire to expand this suite of services, offering even more comprehensive and secure financial solutions to its rapidly growing customer base of over…
[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes
In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.
Shareholders greenlight Capital A’s aviation business disposal to AirAsia X
Malaysia-based Capital A Berhad announced Monday that shareholders have voted in favor of the proposed disposal of the group’s aviation business to AirAsia X (AAX) at an…
J&T Express launches first self-built smart supply chain industrial park in China
Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11”…
NTT Data partners CSIT to strengthen Singapore’s national cyber defense
Japan-based information technology (IT) firm NTT DATA and NTT Security Holdings have entered a Memorandum of Understanding (MoU) with the Center for Strategic Infocomm…
Behind the success of major edtech AI companies
AI tools enable more efficient, student-centric #learning, focusing on individual needs rather than a one-size-fits-all model. In turn, AI improves educational outcomes for…
Philippine-based lending fintech company OneLot raises $4M Pre-Seed funding
OneLot, a Philippine-based lending fintech company, said Monday that it has raised $4 million in pre-seed funding in an oversubscribed round led by 468 Capital.
UOB Malaysia pledges $230M to support Malaysia’s OGSE sector decarbonization and energy transition
UOB Malaysia has on Monday announced that it will provide MYR 1 billion ($230 million) to support Malaysia's oil and gas services and equipment (OGSE) sector decarbonization and…
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