Malaysia

Malaysia’s Islamic lifestyle app TheNoor (Noor Luminous Sdn Bhd) aims to raise MYR5 million ($1.12 million) via Malaysian impact investment and Islamic equity crowdfunding platform, Ethis. The potential deal will raise the firm's pre-money valuation to $10.74 million.

Malaysian automaker Proton on Thursday formalized its deal to sell and service vehicles from premium electric vehicle (EV) brand Smart Automobile Company (smart) in Malaysia and Thailand by signing a general distributorship agreement.

Most Malaysian businesses are planning to accelerate their use of technology over the next year, to drive efficiency and tap into bigger profit opportunities, according to CPA Australia's Business Technology Survey 2022.

The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.

Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its latest enhanced product BizFund, to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic.

Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia Pacific. The three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin.

Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.

Thousands of retailers in Malaysia will accept Apple Pay, with support from some of the country’s most established banks across major credit and debit networks, Apple said

Yinson GreenTech (YGT), the green technologies division of Yinson Holdings Berhad, through its joint venture company Green EV Charge Sdn Bhd has signed a memorandum of understanding (MOU) with GoCar Mobility Sdn Bhd (GoCar) to provide charging infrastructure facilities and solutions, along with customer care services to GoCar users.