Malaysia

Malaysia’s Wellous to list on NASDAQ in merger with Malaysia-based SPAC Kairous Acquisition

Founded in 2016, Wellous is a health food and nutrition company that develops, manufactures, markets and distributes trusted and beneficial health and wellness products. The company said it offers only the best of nature, the most precious ingredients from a wide sourcing network. Based in Malaysia, Wellous’s products and services are distributed through…

Capital A launches airasia gifts with South Korea’s COOP Marketing Groupon for airasia super app

Capital A has launched mobile gifting offering aptly named ‘airasia gifts’, in partnership with COOP Marketing Group, a South Korean mobile voucher industry player who has also been establishing strong footprints in the ASEAN region.

AirAsia launches new low cost airline in Cambodia

AirAsia Aviation Group Limited (AAAGL), the aviation arm of Capital A Berhad, has on Friday signed a joint venture (JV) agreement with Sivilai Asia to establish AirAsia Cambodia, a new low cost airline in the Kingdom of Wonder.

Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023

Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023, according to annual Partner Predictions report revealed by software as a service (SaaS) cloud banking platform Mambu on Thursday.

MIDA, CREST team up with Dassault Systèmes to enhance cloud-based collaboration for SME

Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) have partnered with French software company Dassault Systèmes to build Malaysia’s small and medium-sized enterprise (SME) Industry 4.0 Readiness.

Malaysian EWA startup Paywatch raises $9M funding led by Third Prime

Malaysian earned wage access (EWA) service provider Paywatch has raised $9 million in a Pre-Series A funding round led by returning investor Third Prime. The round also saw participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois…

RPG Commerce Founder Melvin Chee on supply chain innovations [ORIGIN Innovation Awards Q&A]

We’ve always been an e-commerce and have a strong online presence, and we know that our customers are gravitating towards blended experiences and are wanting a physical touch and connection with our brands.

Securities Commission Malaysia revises venture capital and private equity framework

The Securities Commission Malaysia (SC) has enhanced its guidelines on the registration of venture capital (VC) and private equity (PE) corporations and management corporations (VC/PE Guidelines). The revisions took effect on November 28.

87 percent of Malaysia consumers want a better online experience from banking services providers, a survey shows

Confidence in digital banking is rising in Malaysia but consumers want a better online experience and more personalized offerings, according to the new Asia-Pacific focused Bank of the future survey revealed on Friday from Capco, the global technology and management consultancy.

Al Rajhi Bank Malaysia launches digital bank

Al Rajhi Bank Malaysia (ARBM) has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers.