Malaysia

Tony Fernandes’s global empire to be broken up into five listed companies “utlimately”

“So in the end, my dream is when I retire, five listed companies, one in America and four in other parts of Asean,” Tony Fernandes said.

AEON Bank gets nod to commence Islamic digital bank business in Malaysia

AEON Credit Service (M) Berhad (AEON Credit) has on Monday announced that its associated company - AEON Bank (M) Berhad (formerly known as ACS Digital Berhad) (AEON Bank) has obtained approval from the Bank Negara Malaysia (BNM) and the Minister of Finance to commence its digital banking operations in Malaysia.

Boost-RHB Digital Bank Consortium gets approval to commence operations in Malaysia

Boost, a regional fintech leader, and its consortium partner, RHB Banking Group (RHB), have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF) to commence operations as a digital bank, with effect from January 15, 2024.

AirAsia Aviation Group strengthens leadership team with two executive appointments

AirAsia Aviation Group has announced two key leadership appointments - Chester Voo as Deputy Group Chief Executive Officer (Airline Operations) and Farouk Kamal as Deputy Group Chief Executive Officer (Corporate).

Khazanah and CGC Digital invest in Funding Societies to broaden financing access to MSMEs

Khazanah Nasional Berhad (Khazanah) and CGC Digital Sdn Bhd (CGC Digital) have on Wednesday announced an investment into the largest unified small and medium enterprise digital finance platform in Southeast Asia, Funding Societies | Modalku (Funding Societies), to broaden financing access to unserved and underserved businesses.

Chinese logistics services provider BEST to open its sorting center in Malaysia in 2024

China-based supply chain and logistics services provider BEST Inc said that its largest sorting center in Southeast Asia, which is located in Selangor, the most developed state in Malaysia, is slated to open in 2024. In addition to build a 220,000-square-meter facility in Malaysia, the company aims to connect Thailand, Vietnam, Singapore and Malaysia in its…

Malaysia’s Gentari acquires stake in Hai Long offshore wind project in Taiwan

Malaysia-based clean energy solutions provider Gentari, through its subsidiary Gentari International Renewables Pte Ltd has added offshore wind capacity into its portfolio, following an investment into the Hai Long offshore wind project located off the Changhua coast in the Taiwan Straits.

[Year in review] Southeast Asia’s Top 10 tech news in 2023

As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.

Malaysia’s LiveIn secures $8.3M in pre-Series B funding to accelerate regional expansion

LiveIn, a Malaysia-based proptech firm, has successfully secured $8.3 million in its pre-Series B funding round. The round was led by Wavemaker Partners and InterVest, with participation from Malaysia Debt Ventures Berhad (MDV), Jungle Ventures, and CAC Capital.