Malaysia

Malaysia plans to establish its own space launch site, develop space economy – report

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

Malaysia’s Gentari rebrands WIRSOL Energy to officially commence operations in Australia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

Petronas, Gentari, Amazon and AWS team up to accelerate clean energy growth

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), clean energy solutions firm Gentari Sdn Bhd, American multinational technology company Amazon and Amazon Web Services (AWS) said Wednesday that they will collaborate in an effort to intensify their sustainability and decarbonization initiatives in the accelerated global energy…

Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026

VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.

Cradle Fund & Bursa Malaysia collaborate to facilitate listing of local startups on Malaysia stock exchange

This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and offer comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO), according to a statement released by the…

Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report

Carsome is ready for an initial public offering (IPO) but is in no rush to list.

HSBC Malaysia launches $106.92M New Economy Fund, providing lending to tech-led businesses & startups

The fund will primarily support lending to tech-led businesses and emerging startups from Series B stage and beyond who are tapping opportunities within Malaysia’s growing digital economy.

MATRADE, MDEC ink MoU to enhance Malaysian tech companies’ global footprint

The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade promotion initiatives.

Gobi Partners invests in Malaysia’s e-waste recycling firm ERTH

ERTH not only facilitates responsible e-waste disposal but also rewards contributors with cash incentives or vouchers.

Malaysia’s Science & Technology Ministry looks into VCs’ suggestions to support tech startup ecosystem

Among the key areas discussed were potential tax incentives, flexible regulations, and creative financing models that could provide a robust framework for startups to thrive.