Malaysia

The Malaysia’s first tech unicorn is working with an adviser for the planned fundraising and aims to complete it as soon as in the coming weeks, Bloomberg reported.

Teleport is valued at $300 million in a deal announced in August where the firm acquired Malaysia food delivery platform Delivereat at $9.8 million.

With every transaction being recorded on distributed ledgers, regulated financial institutions might reject Bitcoins that may have been used for illegal activities. However, freshly minted 'Virgin Bitcoins' with no transaction history are considered pristine and can potentially command a premium. 'Green Bitcoins' mined with renewable energy sources are also…

To support the development of the local EV industry, the government proposes to provide import duty, excise duty and sales tax exemptions on EVs.

Foodpanda Malaysia’s statement came after local media reported that several vendors on the platform have called for protests against ‘hidden’ or promotion charges which caused them to incur losses.

The fund aims to invest primarily in equity securities of global cutting-edge, innovative companies with long-term sustainable growth potential, are on the cusps of initial public offerings, and have or will develop products and services that are linked to technologically-driven innovations. The fund also aims to further bridge the gap between retail…

These strategic alliances are built on Income's Insurance-as-a-Service (IaaS) model that enables the company to bring digital-first insurance business models to partners overseas, enhance their speed-to-market, and equip them with the right capabilities and tools to capture new customer segments and revenue streams

AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies and tourism sector to welcome back tourists.

Recommend Group will be using the funds to expand the teams in Indonesia and Malaysia, with a focus on product and engineering. It will also improve the user experience on its customer and vendor mobile apps, as well as its website, build new features that empower service workers to manage and grow their businesses. The company also targets to expand…

In the interview, Hudhaifa shared the opportunities the consortium sees in building a digital bank in Malaysia and what are the competitive advantages it has against other contenders vying for the digital banking licenses. He also shared his views on the profitability path for digital banks, citing examples from other countries.