Malaysia
Malaysia’s drone tech hub ambition: Opportunities & Challenges [Part 2]
In Part 2, we focus on the challenges faced by drone tech startups, the Malaysia government’s initiatives to support the industry and some suggestions from drone tech companies.
Malaysia’s Carsome buys 51% stake in Singapore used car dealer CarTimes for $60M – report
The news comes as Carsome is said to be preparing for an initial public offering in the US later of the year.
Malaysia Aviation Group partners with hoolah for travellers in Malaysia, SG, HK to pay for flights over time
Malaysia Aviation Group (MAG) announced Tuesday a regional partnership with hoolah to provide a seamless and convenient payment option for travellers. Through this collaboration, travellers in Malaysia, Singapore and soon Hong Kong, can now book their getaway with MAG’s main airline, Malaysia Airlines online and pay for their flights via hoolah’s flexible…
AirAsia Parent Capital A unable to get $120M govt-guaranteed loan
Capital A is exploring other available debt financing alternatives with acceptable terms suitable to the operations and financing requirements of the company.
AWS signs new Cloud Framework Agreement with Malaysia govt to power public sector innovation
Amazon Web Services (AWS) has signed a new Cloud Framework Agreement (CFA) with the Malaysian government, together with local information technology (IT) provider and AWS partner Radmik Solutions Sdn Bhd to help accelerate cloud adoption in the public sector and help agencies save costs, boost digital skills, and drive innovation.
Malaysia’s MYEG launches global NFT marketplace known as NFT Pangolin
MY E.G. Services Berhad (MYEG) announced Thursday the company’s official entry into the non-fungible token (NFT) space with the launch of NFT Pangolin. The global NFT marketplace supports the issuance and trading of NFTs and is set to operate on the soon-to-be-launched Zetrix Layer 1 blockchain network which serves as a parallel chain to the International…
Carsome appoints Digbijoy Shukla as Head of M&A, Ecosystem Strategy
Carsome Group (Carsome) has appointed Digbijoy Shukla as its Head of Merger and Acquisition and Ecosystem Strategy. In this new role, Shukla’s key responsibility is to develop an end-to-end ecosystem strategy for Carsome to ensure a seamless experience throughout the automotive ownership journey. It includes staying close to the automotive ecosystem in…
Malaysia’s Vase.ai raises seed funding led by Indelible Ventures
Vase Technologies Sdn Bhd (Vase.ai) has raised a seven-figure ringgit investment to kick-start its 2022 expansion. This new round of funding was led by Indelible Ventures, along with their existing investors. The investment from Indelible Ventures will be poured into aggressive geographical expansion and enhancing the artificial intelligence (AI) technology…
Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund
“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.
Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion
Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…
