Malaysia

iPrice Group, a Malaysia-based e-commerce platform helping shoppers find the best deals online, said Wednesday it is laying off 20 percent of its’ staff. The layoffs are part of several measures to focus the business on its core mission “to help people save money” shopping online,

"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and promoting environmental stewardship, social progress, and good governance through our work highlighted in this report and our sustainability initiatives in the future," Gobi said.

The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.

Shell Malaysia Trading Sdn Bhd announced Friday that it has agreed to acquire 50 percent shareholding in Pixelbyte Sdn Bhd, the company operating ParkEasy – a mobile application software that not only lets drivers park quickly in shopping malls and other locations, but also the only service in Malaysia to offer a pre-booked slot for electric vehicle (EV)…

Simon-Kucher said Thursday that it estimates there are currently close to 400 neobanks around the world, together serving nearly one billion client accounts. However, despite their lofty valuations, it found that only five percent of these challenger banks have managed to reach a breakeven point.

The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its business and the quality of service.

The Airasia Super App, which was officially launched in Thailand earlier in February announced Tuesday the start of operations for its e-hailing service, Airasia Ride in Bangkok. Thailand becomes the second country for Airasia Ride’s ASEAN expansion, and will offer taxi rides as part of its first phase of entry into the market.

The 4IR-themed innovation center was one of the government's initiatives to guide entrepreneurs comprehensively from the prototype development process to product commercialization.

Some of the venture capital firms have already started scouting opportunities to invest in renewable energy startups in the region.

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian micro, small, and medium enterprises (MSMEs) seeking to grow their business or expand their…