Malaysia
Malaysia’s FashionValet founders claim trial to alternative charges of fund misappropriation – report
They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.
Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth
IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.
Carsome partners Petronas AutoExpert to expand aftersales services in Malaysia
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, and Petronas AutoExpert, a business unit under Petronas Lubricants Marketing Malaysia, have formed a strategic partnership to enhance aftersales service offerings for customers across Malaysia.
Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation
Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.
Malaysia’s Vynn Capital to accelerate deployment in 2025
We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…
Malaysia’s Perodua and UTM team up to develop next generation EV
Malaysia's national automaker Perodua and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to develop the country’s next generation of electric vehicles (xEV).
RHB turns cautious on Malaysia’s data center as US AI diffusion rules present structural risk
RHB Investment Bank is turning cautious on Malaysia's data center (DC) as the US artificial intelligence diffusion (USAID) rules present a structural risk to the multi-year growth story.
TA Securities: Malaysia’s data center growth could face constraints amid US AI chip curbs
With a maximum artificial intelligence (AI) chip install base of up to 49,900 H100-equivalent graphics processing units (GPUs) per Tier-2 country from 2025 to 2027 under US recent AI chip curbs, the growth of data center (DC) projects in Malaysia could face constraints, TA Securities said last Friday.
AirAsia MOVE onboards SriLankan Airlines as latest direct airline partner
Malaysia-based Capital A's online travel agent (OTA) platform AirAsia MOVE has onboarded Sri Lanka’s National Carrier, SriLankan Airlines as its latest direct airline partner on the platform.
Securities Commission Malaysia releases NSRF guidance to help companies drive sustainability reporting
The Securities Commission Malaysia (SC) has on Monday released the National Sustainability Reporting Framework (NSRF) guidance to help companies' board of directors drive sustainability reporting.
