News
Malaysia’s Samaiden partners MBGB to advance clean energy initiatives in APAC region
Samaiden Group Berhad, a Malaysia-based renewable energy firm, has inked a strategic partnership with investment firm Meta Bright Group Berhad (MBGB) to advance clean energy initiatives in Asia Pacific (APAC) region. This collaboration aims to expand business opportunities and accelerate the growth of renewable energy solutions, particularly for the mining…
GlobalFoundries opens new Malaysia office to support global manufacturing operations
United States-listed semiconductor firm GlobalFoundries has on Tuesday announced the official opening of a new hub facility in Penang, Malaysia. The new facility will create 300 high-value manufacturing support roles, including technicians, engineers, administrative and support functions.
Animoca Brands partners Daehong Communications to advance Lotte Group’s Web3 business
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Daehong Communications, the Lotte Group marketing and advertising arm based in South Korea, to advance Lotte Group’s Web3 business through key initiatives with Mocaverse and Bellygom.
Malaysia’s NexMind raises seed funding From 500 Global; launches Text2Social
NexMind, a Malaysia-based artificial intelligence (AI)-powered multilingual digital marketing platform, announced Tuesday that it has secured seed funding from Silicon Valley-based venture capital firm 500 Global. The new funding will be used to expand the firm's product offerings and accelerate customer acquisition worldwide.
Malaysia’s Science ministry proposes initiatives to enhance startup ecosystem, STEM education to be included in Budget 2024
laysia's Ministry of Science, Technology and Innovation (MOSTI) is eyeing to enhance the startup ecosystem, emerging technology, and Science, Technology, Engineering and Mathematics (STEM) education under Budget 2024.
Johnson & Johnson Innovation partners Singapore Economic Development Board to transform Singapore’s life science innovation ecosystem
Johnson & Johnson International (Singapore) Pte. Ltd. has on Tuesday announced a collaboration with the Singapore Economic Development Board (EDB) to unlock innovation potential in Singapore’s life sciences ecosystem.
Malaysia’s Solarvest secures 11 solar photovoltaic projects in Vietnam
Malaysian clean energy firm Solarvest Holdings Berhad has successfully secured a total of 11 rooftop solar photovoltaic (PV) installation projects in Vietnam, with a combined capacity of 12.8 megawattpeak (MWp).
Meraque paves the way for robotics automation in agriculture for Malaysia with nation’s first-ever plantation AGV
Meraque Group (Meraque), a Malaysian robotics solutions company, has introduced the nation's first Autonomous Ground Vehicle (AGV) designed for complex agricultural environments, named Robotic Agro in Complex Environment (RACE). As an autonomous AGV, RACE is designed to navigate the intricate and challenging terrain of agricultural environments.
Funding Societies raises $27 million in debt funding from institutional investors
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…
VDX and MaiCapital sign MoU for comprehensive strategic partnership
VDX, the Hong Kong-based up-and-coming digital asset platform, has on Tuesday announced a strategic partnership with MaiCapital, an Hong Kong Securities & Futures Commission (SFC)-licensed blockchain and virtual asset manager, to support its upcoming Security Token Offering (STO) projects.
