Malaysia

Malaysian bourse Bursa Malaysia Berhad (Bursa Malaysia), payment firm TNG Digital Sdn Bhd (TNGD) and investment firm Affin Hwang Investment Bank Berhad (AHIBB), have teamed up to broaden share trading services in Malaysia via a digital wallet. The trio have signed a memorandum of collaboration (MoC) to enable investors to easily participate in the stock…

WORQ, a Malaysia-based coworking and flexible space provider, has successfully completed its latest fundraising round, backed by 14 follow-on investors. The global asset management firm, Phillip Capital, helms this round with its largest placement to-date and its third consecutive investment into WORQ.

In Southeast Asia, about 70 percent of small and medium enterprises (SMEs) started their business with seed money raised from their personal savings and from family and friends’ financial support, said a report published by Funding Societies, a Southeast Asia’s unified SME digital finance platform.

Asia-focused venture capital firm Gobi Partners has become the lead investor in Malaysian reseller digital ecosystem Ejen2u's Pre-Series A funding round, alongside Artem Ventures. This investment was made possible through the Khazanah Nasional Bhd (Khazanah)-backed Gobi Dana Impak Ventures (GDIV) fund.

The Malaysian Investment Development Authority (MIDA) has on Monday announced the launch of new funding facilitation initiatives aimed at catalyzing Malaysia’s industrial growth and fostering economic development. These initiatives include the Domestic Investment Accelerator Fund (DIAF), the MADANI Smart Automation Grant (SAG MADANI) and the Foreign…

Carrots&Cake is a parental control learning app, focusing on the science behind how kids interact with tech in order to try and change their behavior and build healthy habits.

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) Board of Director (BoD) has announced the appointment of Dr. Rais Hussin Mohamed Ariff as its new Chief Executive Officer (CEO). Rais will take over from the current Acting Chief Executive Officer and Chief Commercial Officer Khairil Anuar Sadat, effective 9 October 2023.

Malaysia-based FinTech firm Boost has partnered mobile service provider CelcomDigi to launch global prepaid card on the Mastercard network. The prepaid card which is called the Beyond Card is the first two-in-one international card in Malaysia, enabling customers to access funds from Boost wallet balance and utilize a pre-approved credit line.

The Bank for International Settlements (BIS) and central bank partners have on Thursday launched Project Mandala, which explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border use cases such as foreign direct investment, borrowing and payments.

Malaysian Central Bank said Thursday that it will be refining several aspects of the Digital Insurers and Takaful Operators (DITO) Framework. Bank Negara Malaysia plans to finalize the framework by the first half of 2024.