Malaysia

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.

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 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.

Malaysian pension fund KWAP launches $107M to boost Malaysia’s venture and startup ecosystem

Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Thursday announced the launch of Dana Perintis, aimed at injecting vitality into Malaysia's venture and startup ecosystem. With a commitment to invest up to MYR 500 million ($106.6 million) over the next 18 to 24 months, KWAP is set to empower early-stage companies, drive…

Malaysia government to organize a startup convention in the near future – report

It was reported that the government plans to make Kuala Lumpur a regional hub for startup companies and the digital industry to attract investments and digital talents, with the goal of positioning Malaysia among the top 20 countries in the global startup ecosystem by 2030, the report added.

Siemens and Progressture Solar team up to drive Malaysia’s green energy transition

German multinational technology firm Siemens, and Malaysia-based clean energy provider Progressture Power Sdn Bhd (Progressture Solar) have joined forces in a groundbreaking partnership to drive Malaysia's green energy transition agenda forward through digitization technologies.

CelcomDigi and Yinson seal partnership to elevate Malaysia’s eMobility ecosystem

Malaysian mobile service provider CelcomDigi Berhad (CelcomDigi) and energy infrastructure and technology company Yinson Holdings Berhad (Yinson) have inked deal to partner in the development of innovative electric vehicle (EV) services and infrastructure for Malaysian consumers, driving EV and green energy adoption in the country.