Malaysia

Malaysia’s MRANTI stepping up pace to accelerate 5G enterprise innovation

In driving enterprise 5G adoption forward, the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on last Friday brought together 20 key stakeholders to discuss pertinent issues, as well as to connect and collaborate on initiatives to progress the design, development and deployment of industry and enterprise 5G innovations in order to…

Malaysia’s Soft Space raises $31.5M Series B1 funding led by Southern Capital Group

Soft Space Sdn. Bhd., a Malaysia-based financial technology (Fintech) player, has on Thursday announced it has raised $31.5 million in its latest funding round. Southern Capital Group (SCG) Pte. Ltd, led the funding round.

Malaysia, China explore blockchain technology for PCO to facilitate Malaysia’s exports to China

Malaysia and China are exploring blockchain technology for preferential certificate of origin (PCO) to better facilitate Malaysia's exports to China.

Malaysian healthtech startup Qmed Asia raises $1.16M in equity crowdfunding for regional expansion

Malaysian health-tech startup Qmed Asia has successfully raised MYR5.1 million ($1.16 million) through an equity crowdfunding (ECF) campaign on Leet Capital for regional expansion.

Funding Societies partners Food Market Hub, Supply Bunny to launch financing program for F&B in Malaysia

Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers for food and beverage (F&B) supplies in Malaysia, to launch a new business-to-business (B2B) embedded financing program.

Malaysia’s Proton plans for comprehensive new energy vehicle solutions

Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.

Kairous Capital to establish Malaysia-China Digital Cooperation Council & development fund to invest in tech sector in both countries

MCDCC also announced the establishment of the Malaysia-China Digital Cooperation & Development Fund to invest up to MYR1 billion ($226.28 million) in digital technology sectors, including digital applications, industrial big data, advanced manufacturing technology, industrial technology, and other sectors in Malaysia and China.

Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia

Swedish telecommunications company Ericsson and American technology company Intel have signed a memorandum of understanding (MoU) to collaborate on the development of 5G use cases that can accelerate digitalization in Malaysia as well as spur the adoption of the new technology by enterprises in Malaysia.

Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says

Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in China and Malaysia.

Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia

Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the next phase of collaboration between the two companies for the development of the Automotive High-Tech Valley (AHTV) in Malaysia.