Malaysia
HSBC: Malaysia to benefit from the green shoots of recovery from global electronic cycle
“Malaysia’s economy should remain healthy this year powered by resilient consumer and investment spending. The positive fillip for Malaysia’s economy will come from the nascent recovery of the global electronic cycle and the resumption of global tourism travel,” James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and…
MAVCAP invests in Vynn Capital’s Mobility and Supply Chain Fund
Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia's largest venture capital firm, is investing as a limited partner in Vynn Capital's latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP's dedication to advancing technological frontiers in Malaysia and Southeast Asia.
Ni Hsin inks deal with MYUS to market and distribute EBIXON motorcycles in Perlis
Ni Hsin EV Mobility Sdn. Bhd. (NHEVM), a wholly-owned subsidiary of Ni Hsin EV Tech Sdn. Bhd. which in turn, a wholly owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has signed a master dealer agreement (MDA) with MYUS Autotech Sdn Bhd (MYUS), to promote and market EBIXON motorcycle in Perlis and Langkawi of Malaysia.
Chery Malaysia partners Carsome for vehicle trade-ins and training
Chery Malaysia has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and enhance soft skills within the brand's network of representatives.
Zetrix partners Web3Labs and Summer Capital to accelerate Hong Kong’s Web3 roadmap initiatives
Zetrix, a layer-1 public blockchain platform owned by MY E.G. Services Berhad (MYEG), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, have on Monday announced a strategic collaboration to propel Hong Kong's Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for Hong Kong…
Grab Malaysia claims it sees delivery-partners benefitting from new earning structure during peak-demand periods amid riders’ protest
Their main demand is for Grab to reinstate the previous base fare of MYR5 ($1.06) for deliveries within the Klang Valley, which was reduced to MYR4 ($0.85) earlier this week, the report added.
Grab Malaysia defends revamped delivery fee framework amid riders’ protest call
Grab Malaysia said that to strike a balance between all its stakeholders, the company constantly seek to review its policies to provide a fairer, more stable earnings to those who need it the most.
Malaysia’s Meals in Minutes nets $1.5M from 500 Global to scale operations in Malaysia, Singapore, and the UK
Malaysian-based food startup Meals in Minutes has on Wednesday announced that it has successfully secured $1.5 million in a seed round. The round is led by an early-stage venture fund and seed accelerator, 500 Global, with participation from a private investor.
Malaysia’s Techna-X acquires 51 percent stake in IT firm Netsec
Malaysia-based energy storage and digital transformation enabler Techna-X Bhd (Techna-X) and information technology (IT) firm Netsec Sdn Bhd (Netsec) have on Wednesday announced the formation of a groundbreaking joint venture that aims to revolutionize the cybersecurity landscape in Malaysia and beyond. This strategic partnership will see Techna-X acquiring…
BCX inks deal with MPIA to enhance voluntary renewable energy certificates market
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Malaysian stock exchange Bursa Malaysia Berhad, has announced a strategic collaboration with the Malaysian Photovoltaic Industry Association (MPIA), marking a significant step in the enhancement of Malaysia’s voluntary renewable energy certificates (RECs) market.
