Malaysia
Malaysia’s First Move secures Jelawang Capital to back AI builders
First Move, a founder-led venture capital firm based in Malaysia, announced Tuesday its newest fund anchored by Jelawang Capital, the subsidiary under Malaysia’s sovereign wealth fund, Khazanah Nasional.
Malaysia’s 3cat raises Pre-Series A funding to scale omnichannel circular electronics platform
3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.
PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia
Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.
Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification
Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…
Jelawang Capital selects first EMP and RMI fund managers to deepen Malaysia’s venture capital ecosystem
Malaysia's state-owned fund Khazanah Nasional Berhad and its subsidiary Jelawang Capital announced Tuesday the selection of the first five venture capital (VC) firms under its Emerging Fund Managers’ Program (EMP) and Regional Fund Managers’ Initiative (RMI).
Petronas Carigali and Halliburton to deploy next generation subsurface modeling and reservoir management solutions
Malaysia-based exploration firm Petronas Carigali Sdn. Bhd and global energy products and services firm Halliburton have announced a strategic collaboration to advance subsurface modeling and reservoir management.
TNG Digital, Setel team up to enable digital payments in Petronas stations
Malaysia-based digital payment firm TNG Digital Sdn Bhd (TNGD) has formalized a strategic partnership with e-money issuer Setel Ventures Sdn Bhd to enable fuelling and payments right at the pump via TNG eWallet, available at over 1,000 Petronas stations nationwide.
Petronas partners Energy Institute to extend talent programs to deliver Asia’s energy transition
Malaysia-based state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), in partnership with the United Kingdom-headquartered Energy Institute (EI), announced that it is co-developing a series of professional and leadership programs to nurture the next generation of energy leaders.
Petronas expands digital infrastructure to boost Malaysia’s E&P investment
Malaysia's oil and gas firm Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has formalized Memoranda of Understanding (MoUs) for digital infrastructure expansion to boost Malaysia's exploration and production (E&P) investment.
Petronas Carigali unveils AI venture – TriCipta AI with Beicip-Franlab & AFED Digital
Petronas Carigali Sdn Bhd, a Malaysia-based exploration firm, has announced a groundbreaking strategic partnership for its upstream business with Beicip-Franlab, a leading geoscience and reservoir technology company, and AFED Digital, a specialist in advanced artificial intelligence (AI) and digital solutions.
