Malaysia
Alibaba Cloud sees increase in demand from various industries in Malaysia market, says VP [Q&A]
In the interview, Alibaba Cloud Vice President and General Manager of Enterprise Service Cloud William Xiong also shared about how digitization can help carbon neutralisation, insights on the latest development and technology for carbon management, Alibaba’s own approach to carbon reduction, among others.
Malaysia becomes 60th country SpaceX’s Starlink provides high-speed internet service
In a tweet on Tuesday, SpaceX said, "Starlink is now available in Malaysia, marking the 60th country around the world where Starlink can provide high-speed internet connectivity."
Tesla’s entry into Malaysia could lead to structural change in local automotive industry but lack of charging hubs remains a challenge
Electric vehicle maker Tesla’s entry into Malaysia not only impacts the EV space but also encroaches into the traditional internal combustion engine (ICE) vehicle market. Having enough charging points is still the first step for the adoption of EV in Malaysia.
Ni Hsin partners Australia’s Vmoto for EV motorcycles assembly and distribution in Malaysia
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia-listed Ni Hsin Group Berhad (Ni Hsin), has partnered with VMOTO LIMITED (VMOTO), an Australia-listed listed electric motorcycles company, to assemble and distribute VMOTO electric vehicle (EV) motorcycles models in Malaysia.
MDEC expects high-tech Malaysian companies to generate $55M in digital export
Malaysia Digital Economy Corporation (MDEC) has projected a total of 42 high-tech Malaysian companies participated in its recent programs in Indonesia, to generate MYR 250 million ($54.65 million) in digital export.
Malaysia’s Sime Darby Motors partners UK’s AstraZeneca to accelerate electric vehicle adoption
Malaysia’s automotive player Sime Darby Motors (SDM) Malaysia and United Kingdom-based biopharmaceutical company AstraZeneca have recently partnered to accelerate the adoption of electric vehicles (EVs) under Sime Darby Motors for AstraZeneca’s employees.
Grab could achieve adjusted EBITDA breakeven in 3Q following layoff exercise, say CGS-CIMB analysts
“Layoff exercise in June leads us to believe Grab can achieve adjusted EBITDA breakeven in 3Q23F (forecast), one quarter ahead of guidance,” CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan wrote in a research note on Thursday.
Atome partners TikTok Shop to drive e-commerce growth in Malaysia
Atome, a Singapore-based digital consumer financing platform, has joined forces with TikTok Shop to revolutionize the e-commerce landscape in Malaysia. This strategic partnership enables businesses of all sizes, but particularly young entrepreneurs and small and medium enterprises (SMEs), to harness the potential of online shopping and foster economic…
Malaysia’s WORQ partners DE Rantau to bring high-value jobs to Malaysia worth over $79M
WORQ, a Malaysia-based coworking and flex space provider, has announced its collaboration with Malaysia Digital Economy Corporation (MDEC)'s DE Rantau to launch the WORQ with DE Rantau program. The program is estimated to inject MYR 360 million ($79.07 million) into the Malaysian economy by supporting 6,000 highly skilled workers to the workforce as well as…
