Malaysia
Malaysia’s JCorp invests $1.74 million into Singapore-based agritech firm Archisen
Malaysia-based state investment firm Johor Corporation (JCorp) Group will invest MYR 8.2 million ($1.74 million) into Singapore-based agritech firm Archisen Pte Ltd. FarmByte, a digital-first agrofood company within the JCorp, has signed a heads of agreement (HOA) with Archisen, proposing the FarmByte investment into Archisen and the establishment of an…
Grab-backed GXBank unveils beta bank app
GX Bank Berhad (GXBank), the Grab-backed Malaysian digital bank, is officially rolling out its beta app to selected 20,000 Malaysians users effective November 14, 2023. This comes after successfully testing the beta app amongst employees of the bank and partners.
MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development
Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s largest multi-scenario autonomous vehicle (AV) experimental laboratory known as AV XL at MRANTI Park, Malaysia.
Analyst sees challenges for Malaysia to embrace electric vehicles
Malaysian analyst Affin Hwang Investment Bank has foreseen challenges for Malaysia to embrace electric vehicles (EV). The research house said in a report on Wednesday that the rollout of the EV infrastructure in Malaysia and for Malaysia to become a suitable EV investment destination are still facing several challenges.
Carsome appoints Miguel Fernandez as CFO
Southeast Asia’s largest integrated car e-Commerce platform Carsome Group Inc. has on Wednesday announced the appointment of Miguel Fernandez as its Group Chief Financial Officer, effective from November 1, 2023.
Malaysia’s Maybank expands cross-border services to China; boosts ASEAN financial integration
Malaysian lender Malayan Banking (Maybank) has on Wednesday announced the expansion of its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying its existing cross-border payment capabilities and enhancing the ease and efficiency of financial transactions.
Malaysia’s PayNet partners China’s Ant Group for cross-border digital payments
Malaysia's payments firm Payments Network Malaysia Sdn Bhd (PayNet) and China-based Alibaba Group's fintech subsidiary Ant Group have on Wednesday launched their cross-border digital payments collaboration that has enabled travellers from eight regionsto use PayNet’s DuitNow QR in Malaysia, further boosting international tourism and trade among these…
NEFIN and MYDIN team up for carbon-neutral energy solutions in Malaysia
NEFIN, an Asia Pacific green independent power producers, and Mydin Mohamed Holdings Berhad (MYDIN), a halal home-grown wholesale and retail chain in Malaysia, have on Tuesday announced a partnership in implementing carbon-neutral energy solutions and driving sustainability efforts in the retail industry.
Malaysia’s Khazanah Impact Innovation Challenge 2023 unveils Top three winners
The Khazanah Impact Innovation Challenge (KIIC) 2023 has concluded its Demo Day on Tuesday, where 15 finalists representing impactful Malaysian businesses pitched for potential equity investments and/or debt funding from Khazanah and its funding partners in their quest to deliver innovative solutions to tackle climate change challenges for food security in…
Malaysia’s TNB partners Singapore’s Charge+ for cross-border EV charging platform
Tenaga Nasional Berhad (TNB), Malaysia's sustainable energy solutions provider, and Chargeplus Sdn Bhd (Charge+), a subsidiary of Singapore-based integrated electric vehicle (EV) charging solution provider Charge+ Pte Ltd., have announced a joint initiative to explore a ground-breaking cross-border roaming platform.
