Author: TechNode Global Staff
MRANTI supports 191 Malaysian innovators to accelerate since 2020
The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has supported 191 Malaysian companies to accelerate since 2020. In 2023, its National Technology and Innovation Sandbox (NTIS) spearheaded by MRANTI has enabled 27 Malaysian technology companies to commercialize 27 products, turning in MYR 87.2 million ($18.67 million) in sales.
Philippines-based finance app GCash enters agrifintech with agri-fisheries platform Mayani
Philippines-based finance app GCash – operated by the country’s fintech firm Mynt – has entered agrifintech through a strategic bid with Mayani, an agri-fisheries platform connecting smallholder farmers and fishers to buyers, to tackle the nation’s elusive phenomenon of rural financial inclusion.
Malaysia’s Airo enters fintech as actively managed digital investment platform
Airo, a brand of CP Global Fintech Solutionshas made its official entry into the fintech arena as Malaysia’s first actively managed digital investment platform.
EV maker Lotus Technology secures $870M private investment
Lotus Technology, a global luxury electric vehicle maker of British sports car firm Lotus Group, which is owned jointly by Chinese automaker Geely and Malaysia's Etika Automotive, has secured additional financing ahead of the completion of its planned business combination with L Catterton Asia Acquisition Corp (LCAA). The firm has signed agreements for a…
Indonesia’s JALA raises $13.1M from Intudo to scale up operations across key regions of Indonesia
JALA, an Indonesian digital enabler for the shrimp industry, has on Tuesday announced the completion of a $13.1 million Series A round of financing led by Intudo Ventures. The funding also saw participation from Sinar Mas Digital Ventures (SMDV), and existing investors Mirova and Meloy Fund (Deliberate Capital).
Animoca Brands announces sold-out Season 2 of TinyTap Publisher NFTs; generates $333,907 revenue for educators
Hong Kong-based gaming firm Animoca Brands has on Monday announced that Season 2 of Publisher non-fungible tokens (NFTs) has sold out, and has generated $333,907 for 168educators. The Season 2 sale of 720 Publisher NFTs, which are created by its subsidiary TinyTap, an edtech platform for educational games, and hosted and facilitated by Open Campus, a…
Malaysian Stock Exchange, United Nations Global Compact collaborate to advance capability, capacity building on sustainability in the marketplace
Bursa Malaysia Berhad and UN Global Compact Network Malaysia & Brunei (UNGCMYB), an official local network of the United Nations Global Compact (UNGC), have announced a collaboration to jointly explore the development of sustainability-focused capability and capacity building programs that are specifically designed for the Malaysian marketplace.
Malaysia’s REDtone offers Starlink satellite broadband services to government and enterprise customers
Malaysia-based integrated telecommunications and digital infrastructure services provider REDtone Digital Berhad (REDtone) and American spacecraft manufacturer SpaceX have inked an authorized reseller agreement to offer Starlink satellite-based high speed internet services across Malaysia.
MAS strengthens regulatory measures for digital payment token services
The Monetary Authority of Singapore (MAS) has on Thursday published its final tranche of responses to feedback received on its proposed regulations for digital payment token (DPT) service providers in Singapore. The consulted proposals detail business conduct and consumer access measures to limit potential consumer harm.
Malaysia’s TNB partners Perak state government to drive large-scale renewable energy initiatives
Malaysian utility firm Tenaga Nasional Berhad (TNB) has partnered with Perak state government to drive large-scale renewable energy (RE) initiatives. The firm is cooperating with the state government of Perak to explore the vast potential of floating solar systems in the vicinity of the Sungai Perak hydroelectric scheme, dam and reservoir.
