Malaysia
Malaysia launches program to accelerate next generation of homegrown semiconductor firms
Malaysian Technology Development Corporation Sdn. Bhd. (MTDC) has on Wednesday officially launched SemiconStart Malaysia, a national semiconductor incubation program designed to support the growth of high-potential Malaysian and Malaysia-based semiconductor ventures in higher-value segments of the global semiconductor value chain.
Ant International opens Global Development Centre in Kuala Lumpur, backed by 1,500 fintech roles
Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.
Malaysia’s fintech firm Ascertain Group expands to Indonesia, Oman, India
Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure.
Malaysia launches national program to boost high value jobs
Malaysia is stepping up efforts to create more high-value jobs in advanced industries with the launch of the BAKAT MADANI initiative, a national program aimed at strengthening talent pipelines in semiconductors, renewable energy, the digital economy and advanced manufacturing.
MicroLEAP, CASB, HDC launch initiative for SME financing on government contracts
Malaysia's fintech firm microleap PLT, Commerce Access Sdn Bhd (CASB) and the Halal Development Corporation Berhad (HDC) have inked a strategic collaboration to help small and medium-sized enterprises (SMEs) access financing for government contracts.
Malaysia unveils digital action plan to advance AI ambitions
Malaysia Prime Minister Anwar Ibrahim has on Monday launched the Malaysia Digital Action Plan 2030 (MD2030), a blueprint to drive the country's transition towards becoming an artificial intelligence (AI)-powered nation by 2030.
Malaysia’s Digital Penang, OSK Ventures to jointly expand financing access for AI, deeptech startups
Digital Penang and OSK Ventures International Berhad have signed a one-year memorandum of understanding to strengthen access to growth capital for startups and SMEs in Penang, Malaysia, with a focus on AI, Hardtech, and Deeptech sectors.
Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal
German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).
Maybank turns positive on Malaysia’s technology sector on global AI, data-center spending
Maybank Investment Bank has turned positive on the Malaysian technology sector amid improvement in the earnings outlook and rising exposure across the space to global AI and data-center (DC)spending.
Sea’s AI assistant Migoo could create long-term optionality, says Maybank
Singapore tech group Sea Ltd’s potential artificial intelligence (AI) assistant “Migoo” could evolve into a daily-use personal AI layer that strengthens user engagement and creates long-term optionality for its e-commerce and digital finance ecosystem, Maybank Investment Bank said.
