Malaysia

Malaysia’s Sidec launches accelerator program to boost SMEs and startups ecosystem

The Malaysia-based Selangor Information Technology and Digital Economy Corporation (Sidec) has announced the launching of the Twin Accelerator Program which comprises the seventh cohort Selangor Accelerator Program (SAP24) and the second cohort of Selangor E-Commerce Xccelerator (ECX24).

Malaysia’s Maybank invests in Funding Societies

Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.

Carsome’s 2Q revenue hits “above $310M”, announces $46.2M new financing partnerships

In the second quarter of 2024 (2Q2024), Carsome said it maintained its leadership position with about 35,000 vehicles traded and grew revenue by 9 percent quarter-on-quarter (q-o-q) to above $310 million.

Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang

ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).

Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion

Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.

MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation

MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies.

BMI : Malaysia agritech adoption to accelerate as 5G connectivity spreads

Technology-related investments in Malaysia's agribusiness sector are expected to pick up over the next five years, as 5G connectivity becomes more widespread and the state's support for increased productivity and efficiency takes shape, BMI Country Risk and Industry Research said last Friday.

Yinson GreenTech’s marinEV commences commercial trials with Hydromover

Malaysia-based Yinson GreenTech’s (YGT) marinEV has announced the start of commercial trials for the Hydromover, marking a critical milestone in the decarbonization of Singapore’s maritime industry.

person holding game controller in-front of television

Combating online gaming threats in Malaysia

While gaming offers numerous benefits and enjoyment, it's crucial for #Malaysia gamers, especially the youth and their parents, to be aware of the potential risks. Ensuring a safe and secure #Gaming environment is every gamer's responsibility. It's crucial to share knowledge and resources about online safety, responsible gaming practices, and mental health…

Malaysia’s Systech partners Pinetop Technology Venture to develop data centers

Malaysia-based technology firm Systech has partnered with Pinetop Technology Venture Sdn. Bhd. to develop and operate data centers.