Malaysia

MRANTI, DNB, Ericsson extend MOU to boost technology clusters in MRANTI Park

The Malaysian Research Accelerator for Technology and Innovation (MRANTI), Digital Nasional Berhad (DNB) and Ericsson have on Tuesday announced the extension of their Memorandum of Understanding (MoU) to accelerate the commercialisation of 5G-enabled Science, Technology, Innovation and Economy (STIE) solutions for companies in Malaysia.

Malaysia’s Aerodyne makes strategic investment in Aiviewgroup in Italy

Aerodyne Group, the Malaysia-based drone solutions provider, announced Monday that it has entered the Italian market through a strategic investment in Aiviewgroup, the drone service provider in Italy, based in Rome.

Malaysia government in talks with Proton, Perodua to expedite production of national EVs – report

Fitch Solutions has anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption. The research house said in a recent report that according to its projections, sales of passenger EVs will rise by 82 percent in 2023, reaching a volume of…

100 Soonicorns selects 24 Founders for its first 2 cohort

ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital Economy Corporation (MDEC), have announced the selection of the first 2 cohorts of 24 Founders for the 100Soonicorns program designed to groom the next unicorns of Malaysia.

Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners

Bintang Capital Partners Berhad (Bintang) has announced its second investment under its maiden fund, BCP Asia Fund I L.P., into Involve Asia Technologies Sdn. Bhd. The $10 million investment round of Involve Asia was led by Bintang, and supported by co-investors Orbit Capital Malaysia, 500 Global, and Monumental Productions.

Fitch Solutions sees Malaysia’s EV sales to reach 1 percent of total vehicle sales by 2024

Fitch Solutions has on Monday anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption.

Princeton Digital to invest $1B for data center campus in Malaysia and Indonesia

Princeton Digital Group (PDG), Asia’s leading data center provider, has on Monday unveiled its SG+ strategy with the announcement of a 96 MW data center campus in Batam.

Malaysia almost doubles its drone readiness within one year

Malaysia’s drone industry is flying high after ranking 21st in the Drone Readiness Index (DRI), up from 30th spot last year. Malaysian Research Accelerator for Technology and Innovation (MRANTI) said in a statement that Malaysia is also the top ranked Southeast Asian country in the Index.

Malaysian Government drafting strategic framework to develop EV charging infrastructure – report

The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…

Wellous, DHL establish a sustainability partnership to combat climate change

Wellous Group Limited, a Malaysia-based nutrition company, has on Friday announced that the company has entered into an agreement to become DHL Express’s first customer in Asia Pacific to use GoGreen Plus service.