News

Over $22.8 million investment secured by Malaysian startups under MYStartup in 2024

Over 4,300 startups onboarded, 17,000 individuals supported, and MYR 100+ million ($22.8 million) in investment secured last year, MYStartup Annual Report 2023/2024 showed Tuesday.

21 percent of SMEs in Malaysia are women-led: Strive Malaysia

Women-owned businesses, defined as 51 percent owned, managed, and controlled by one or more women, are on the rise, with micro and small women entrepreneurs (MSWEs) make up 21 percent of small and medium enterprises (SMEs) in Malaysia, a study by Strive Malaysia showed Tuesday.

​​Juspay establishes Asia Pacific hub in Singapore

Juspay, a global payment infrastructure solutions firm, has announced the opening of a new office in Singapore.

MDEC partners Zhejiang University to spur AI, digital innovation economy

The Malaysia Digital Economy Corporation (MDEC) and Zhejiang University have recently signed a letter of intent (LOI) to collaborate on digital transformation, artificial intelligence (AI) ecosystem and smart cities based on the ‘Zhejiang Model’, a successful digital governance transformation framework.

NASDAQ-listed MoneyHero offers end-to-end car insurance purchase journey in Hong Kong through strategic partnership with bolttech

In collaboration with global insurtech bolttech, this innovative enhancement enables customers to compare and receive real-time insurance quotes while seamlessly completing their entire car insurance purchase directly on MoneyHero’s platform—an industry milestone in Hong Kong.

Stellantis partners Leapmotor to set up EV assembly hub in Malaysia

Stellantis and Leapmotor have marked a pivotal milestone in the region’s electrification journey with the local assembly of Leapmotor vehicles in Malaysia, signaling the start of Leapmotor’s local assembly plans in Malaysia.

MAS’ experts panel proposes ways to enhance technology resilience

The Monetary Authority of Singapore’s (MAS) Cyber and Technology Resilience Experts (CTREX) Panel has proposed ways to enhance technology resilience and tackle emerging threats.

Malaysia’s U Mobile transfers merchant acquiring business GoBiz to NTT DATA

Malaysia’s Next Gen 5G network provider U Mobile has entered into a strategic agreement to transfer its merchant acquiring business, GoBiz, to NTT DATA Cardpay, a subsidiary under NTT DATA Payment Services Sdn. Bhd. (formerly known as GHL Systems Berhad).

Singapore’s Keppel secures $1.53B new funding for its flagship funds

Singapore's asset manager and operator Keppel Ltd. has secured close to S$2 billion ($1.53 billion) of capital commitments from global institutional investors for its Keppel Data Center Fund III (KDCF III), Keppel Education Asset Fund II (KEAF II) and Sustainable Urban Renewal (SUR) strategy, representing approximately S$4.9 billion ($3.74 billion) in funds…

Indonesia’s Eratani secures $6.2M in Series A funding led by Clay Capital

Indonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital.