Capital A’s digital arm forms strategic partnership with Ant International

The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…

Malaysia’s MDEC to introduce new Malaysia Digital incentives

Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.

Malaysia’s Applecrumby raises $4.2M from 500 Global

Applecrumby, a Malaysia-based babycare brand and eCommerce platform, has raised $4.2 million growth investment from multi-stage venture capital firm, 500 Global. The investment will accelerate the company’s growth through its high quality, safe and affordable babycare products, including the world’s first 100 percent totally chlorine-free mass market…

Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space

Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…

Malaysia to introduce new tax incentive for digital status companies – report

MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in the form of investment tax allowance incentives, the report added.

Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding

WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.

Securities Commission Malaysia to launch 5-year MSME Roadmap to increase MSMEs capital market access

The Securities Commission Malaysia (SC) said Monday it will soon launch a five-year micro, small and medium enterprises (MSME) Roadmap, which aims to provide increased access to the capital market for MSMEs.

CelcomDigi launches Malaysia’s first experiential & immersive learning environment – CelcomDigi Metaversity™

Malaysian telecommunication firm CelcomDigi Berhad, through its Innovation Centre, launched Malaysia’s first experiential and immersive learning environment - CelcomDigi Metaversity™.

Google launches two initiatives with Malaysian government to upskill local youth

Underscoring its commitment toward strengthening Malaysia’s digital competitiveness in collaboration with the Government of Malaysia, Google has on Thursday announced two focused initiatives to equip Malaysian youth with future-ready skills focused on artificial intelligence (AI), and enhance public service delivery with the help of cloud-native, AI-driven…

Singapore’s AnyMind to acquire Malaysian e-commerce enabler Arche Digital

AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.