Malaysia

Carro invests in Malaysian automobile content provider Driven Communications

Carro, the Singapore-based online used car platform, has on Monday announced that it is making a strategic investment into Driven Communications, a Malaysian content provider.

Malaysia announces measures to boost capital market vibrancy and competitiveness

Malaysia has on Monday announced several measures to boost capital market vibrancy and competitiveness. The capital market regulators commit to explore ways to reduce market friction and shorten time-to-market for initial public offerings.

WORQ on track to double total space under management to 200,000 sqf by year end

WORQ, a Malaysia-based coworking and flexible space provider, said Monday it is on track to double its total space under management to 200,000 square feet by the end of 2023.

MRANTI CEO Dzuleira Abu Bakar resigns after 4.5 years of service

The Board of Directors (Board) of the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on Monday announced the resignation of Dzuleira Abu Bakar as its Chief Executive Officer (CEO).

Carsome completes latest financing round, bringing liquidity position to $200M

Malaysia-based integrated car e-commerce platform Carsome Group Inc, has on Monday announced the closing of its latest fundraising round, which brings the group’s liquidity position to approximately $200 million.

Malaysia secures $1.79B investment commitments at London Tech Week – report

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).

Malaysia’s Agmo inks MoU with Alibaba Cloud for EV superapp

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud computing company of China-based Alibaba Group, to launch electric vehicle (EV) superapp.

NanoMalaysia partners Retailetics to launch smart shopping cart

NanoMalaysia Berhad, an agency under the Ministry of Science, Technology, and Innovation (MOSTI) in Malaysia, has partnered Retailetics Sdn Bhd, a Malaysian company providing artificial intelligence-based retail automation solutions, to launch the EzyCart, a smart shopping cart which is projected to be a game-changer in the retail industry.

Solarvest announces grant recipient winners to five innovative start-ups

Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.