Malaysia

Renewable energy rises to the occasion as oil & gas prices spike

Editor’s note: Kairous Capital, AC Ventures  & Solar AI Technologies are participants of Life’s A Pitch! (Renewable energy) on Apr 28. The fact that nine out of 10 countries…

Singapore’s Funding Societies expands financing offerings for MSMEs via Islamic FinTech facilities

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions…

Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank

Malaysia-based KAF Investment Bank, which has been awarded a digital banking license last month, announced on Tuesday the appointment of Cradle Fund's outgoing Chief Executive…

Malaysian Prime Minister too, tries to court Tesla to invest in the country – report

Malaysia Prime Minister Ismail Sabri Yaakob has suggested US-headquartered electric vehicle maker Tesla to invest and produce electric car in the country as he presented Malaysia…

Grab said to be eyeing stake in Malaysia’s sixth largest banking group AmBank – report

Singapore-headquartered ride-hailing and food delivery giant Grab Holdings Inc is said to be eyeing a stake in AMMB Holdings Bhd (AmBank), Malaysia's sixth-largest banking group…

Malaysia has no plans for more digital banking licenses – report

Malaysia has no plans to issue more digital banking licenses, according to Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus. “At this point, we have no plans to issue any…

Malaysia’s unicorn Carsome’s part of KAF-led consortium winning digital bank license

Southeast Asian used car marketplace Carsome is part of KAF Investment Bank's consortium which recently awarded a digital banking license in Malaysia. "Yes, we are excited to…

Malaysia’s unicorn Carsome acquires WapCar & AutoFun Businesses

Southeast Asia’s used car e-commerce platform Carsome Group announced on Thursday the acquisition of digital automotive content businesses under brands of WapCar and AutoFun from…

LottieFiles raises $37M Series B funding led by Square Peg Capital

US and Malaysia-based motion graphics platform LottieFiles announced Wednesday a $37 million Series B funding round, led by Square Peg Capital, with additional participation from…

Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers

Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited…