Author: TechNode Global Staff

IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth

The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space in order to help address climate change impacts and foster a sustainable financial ecosystem.

Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3

The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said Wednesday.

Tracxn : Singapore tech startups funding fall 26 percent year on year in third quarter

Singapore tech startup ecosystem secured total funding of $397 million in the third quarter of 2024, which is a 26 percent decline from $536 million raised in the corresponding quarter last year, Tracxn said Monday.

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).

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 aviation business within AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.58 billion), during the extraordinary general meeting (EGM) held on…

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 2024 Cohort 1 program.

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 cent, official data showed Wednesday.

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 the National Fund-of-Funds (NFOF) to boost the country's venture capital ecosystem.

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 understanding (MoU) to drive the adoption of 5G technology solutions in bolstering the domestic retail sector.