News
Malaysia launches $29.62M fund to support SMEs and mid-tier companies in strategic NIMP sectors
The Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) have jointly launched the Strategic Co-Investment Fund (CoSIF) under the New Industrial Master Plan 2030 (NIMP 2030) on Tuesday.
EcoWorld builds and leases data center to Google-affiliated Pearl Computing Malaysia
Malaysia-based property developer EcoWorld Development Group has inked agreements to sell land, build and lease a data center to Pearl Computing Malaysia, an affiliate of Google.
AirAsia X to disclose internal targets as it scales its next growth trajectory
Malaysia-based budget airline AirAsia X (AAX) is reinforcing its commitment to transparency and accountability by introducing internal targets as part of its financial disclosures.
Ant International appoints Worachat Luxkanalode as 2C2P CEO
Global digital payment firm Ant International has on Tuesday announced the appointment of Worachat Luxkanalode, as the new Chief Executive Officer (CEO) of 2C2P.
Senior Aerospace UPECA and DHL team up for more sustainable air freight with SAF
Senior Aerospace UPECA, a Malaysia-based subsidiary of Senior plc, an international manufacturer of high technology components and systems, has signed an agreement with global logistics firm DHL Express for the use of the GoGreen Plus service.
“Pabili po ng Cadbury?” Pinoys turn to sari-sari stores for premium chocolates during Valentine’s Day – Packworks study
According to Packworks’ data of sari-sari store sales transactions, Toblerone enjoyed nearly a 3,000 percent spike in sales between Feb 13 and 15, compared to the same days in other months. Meanwhile, Cadbury saw approximately a 500 percent increase in sales for the same periods.
Indonesia launches sovereign wealth fund Danantara – report
The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.
Golden Gate Ventures MENA secures strategic investment from Oman Investment Authority
Golden Gate Ventures, a Singapore-based early-stage investment firm, has announced a strategic partnership with Oman Investment Authority (OIA) through its technology investment arm, Innovation Development Oman (IDO).
Bullish Aim partners YTL Communications to develop next-generation common fiber infrastructure in Malaysia
Bullish Aim Group (BA Group), Malaysia-based telecommunications infrastructure provider, and YTL Communications Sdn Bhd, a subsidiary of YTL Power International Berhad, have entered into a strategic joint venture to develop next-generation common fiber infrastructure.
Capital A to issue internal targets for enhanced transparency and investor confidence
Malaysia-based Capital A has announced that it will be issuing internal targets moving forward, as part of its commitment to ensure transparency, accountability, and investor confidence.
