Malaysia
Malaysia Digital Minister says National AI Office to start operations in November
Gobind said one of the National AI Office’s main areas of focus will be to create an ecosystem to make Malaysia a regional AI hub.
September 5, 2024
Malaysia launches aviation decarbonization blueprint to achieve net zero carbon emissions by 2050
Malaysia has launched the Malaysia Aviation Decarbonization Blueprint (MADB) on Thursday to achieve net zero carbon emissions as early as 2050 for the international aviation sector.
September 5, 2024
News,Venture Capital,India,Malaysia
Malaysia’s Cradle and Invest India form strategic alliance to strengthen startup ecosystems in both nations
Cradle Fund Sdn. Bhd. (Cradle), the government agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have formed a strategic alliance to strengthen startup ecosystems in both nations.
September 5, 2024
Macquarie sees Malaysia as key ASEAN data center growth market
Malaysia remains as the key data center growth market in ASEAN, with a steady stream of corporate announcements and new regulations, Macquarie said in recent note.
September 5, 2024
Malaysia’s roadside assistance provider Bateriku.com closes $7.4M Series B round
Bateriku.com said this capital infusion is set to propel the company’s growth across Malaysia and throughout Southeast Asia, with Indonesia and Singapore as the first international markets targeted for expansion and replication of its innovative business model.
September 4, 2024
Malaysia’s Solarvest secures $26M CGPP EPCC contract for solar plant in Pahang
Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.
September 3, 2024
News,FinTech,Singapore,Malaysia
Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
September 2, 2024
Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue
Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.
August 30, 2024
News,Telecommunications,Malaysia
Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms
Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.
August 30, 2024
Malaysia’s MOVE Digital posts $32M revenue in the second quarter
Malaysia-based Capital A's digital arm MOVE Digital has posted MYR 137.8 million ($31.96 million) in revenue in the second quarter ended June 30, 2024.
August 30, 2024