Malaysia

Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Thursday announced the launch of Dana Perintis, aimed at injecting vitality into Malaysia's venture and startup ecosystem. With a commitment to invest up to MYR 500 million ($106.6 million) over the next 18 to 24 months, KWAP is set to empower early-stage companies, drive…

It was reported that the government plans to make Kuala Lumpur a regional hub for startup companies and the digital industry to attract investments and digital talents, with the goal of positioning Malaysia among the top 20 countries in the global startup ecosystem by 2030, the report added.

German multinational technology firm Siemens, and Malaysia-based clean energy provider Progressture Power Sdn Bhd (Progressture Solar) have joined forces in a groundbreaking partnership to drive Malaysia's green energy transition agenda forward through digitization technologies.

Malaysian mobile service provider CelcomDigi Berhad (CelcomDigi) and energy infrastructure and technology company Yinson Holdings Berhad (Yinson) have inked deal to partner in the development of innovative electric vehicle (EV) services and infrastructure for Malaysian consumers, driving EV and green energy adoption in the country.

The Malaysian bourse has signed a Memorandum of Understanding (MoU) with Indonesia Stock Exchange (IDX) and the Stock Exchange of Thailand (SET) to set up an ASEAN environmental, social and governance (ESG) ecosystem.

Malaysian credit rating agency RAM Holdings Berhad (RAM) has entered into a commercial partnership with Singapore-based carbon software-as-a-service (SaaS) company MVGX Tech (MVGX) and Malaysian advisory firm Carbon Rating Malaysia Sdn Bhd (CRM) to strengthen RAM’s environmental, social, and corporate governance (ESG) rating capabilities.

Malaysian sustainable energy solutions provider Sunview Group Berhad, has partnered lender UOB Malaysia to provide installation and management services of solar power systems for local businesses and consumers. Its wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed the agreement with UOB Malaysia for the partnership.

Malaysia's e-government services provider MY E.G. Services Berhad (MYEG) has teamed up with China's state-owned entity Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation), to spearhead international digital identity credentials service on Zetrix blockchain.

In a strategic move to emphasize its commitment towards travel, the digital arm of Capital A, airasia Digital has announced its transformation into MOVE Digital (MOVE). This rebranding marks an exciting chapter in its next phase of growth through both its businesses, airasia Superapp and BigPay.

MYSA is liaising with several parties and industries that are keen on participating in the development of this facility.