Malaysia

The Board of Directors (Board) of the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on Monday announced the resignation of Dzuleira Abu Bakar as its Chief Executive Officer (CEO).

Malaysia-based integrated car e-commerce platform Carsome Group Inc, has on Monday announced the closing of its latest fundraising round, which brings the group’s liquidity position to approximately $200 million.

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud computing company of China-based Alibaba Group, to launch electric vehicle (EV) superapp.

NanoMalaysia Berhad, an agency under the Ministry of Science, Technology, and Innovation (MOSTI) in Malaysia, has partnered Retailetics Sdn Bhd, a Malaysian company providing artificial intelligence-based retail automation solutions, to launch the EzyCart, a smart shopping cart which is projected to be a game-changer in the retail industry.

Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.

American digital infrastructure company Equinix plans to open its data center in Kuala Lumpur in the first quarter of 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor.

Malaysian self-adhesive label solutions provider Komarkcorp has partnered with Chinese blockchain firm Ant Group Digital Technologies to tap into digital blockchain services. Komarkcorp wholly-owned subsidiary Komark International (M) Sdn Bhd has signed a memorandum of understanding (MoU) with Ant Group Digital Technologies' unit AntChain for the services.

Malaysian stainless steel cookware manufacturer Ni Hsin has inked deal with Malaysian oil and gas firm Koperasi Tenaga Dan Petroliam Berhad (BPA) to promote electric vehicle (EV) motorcycles.