Malaysia

Hong Leong: data center boom to boost Malaysian firms

Hong Leong Investment Research said Wednesday that it sees widespread beneficiaries from Malaysia’s data center boom across sectors such as utilities, construction, renewable energy, sub-utilities, property, plantation and telco.

The rise of co-working spaces in Malaysia: these are some top players

Here, we explore some of the top co-working spaces in Malaysia that are shaping the future of work and supporting the growth of startups.

MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment

The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s position as a key player in the Southeast Asian startup ecosystem.

Vietnam’s PangoCDP secures $1.5M seed funding led by Kairous Capital to revolutionize business-consumer connections via social chat apps

With this new investment, PangoCDP plans to accelerate its product development, enhance its platform's capabilities, and expand its market reach. The funding will also be instrumental in scaling the team and forging new strategic partnerships.

Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP

This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help DCAP accelerate its mission to provide equitable financial solutions to marginalised communities across Malaysia.

AWS Skills to Jobs Tech Alliance launches in Malaysia to stimulate tech talent ecosystem

In collaboration with the Malaysia Digital Economy Corporation (MDEC), the Tech Alliance aims to modernize tech programs of study at Malaysian higher education institutions, connect learners to in-demand tech jobs, and support the development of a highly-skilled tech workforce.

Malaysia’s Khazanah launches Jelawang Capital as national fund-of-funds to boost VC ecosystem

Jelawang Capital will be led by Bryan Lim as its Chief Executive Officer, who is also Khazanah’s Head of Dana Impak.

Malaysia’s Mah Sing, Bridge Data Centers seals second JV

This latest partnership builds on the initial agreement signed in May 2024 and together, these agreements increase the total planned power capacity to 300MW.

Malaysia’s Borong partners Maybank to launch country’s first B2B halal marketplace

Salaam Market is designed to empower local SMEs by integrating Halal certification support and financial services, paving the way for these businesses to navigate the complex Halal market and expand their reach internationally.

a cell phone sitting on top of a laptop computer

Malaysia’s Martech quandary: Can AI serve its purpose while remaining ethical?

#Malaysia businesses must prioritize robust AI governance, transparency, and fairness. Achieving a balance between technical performance and ethical standards will necessitate a dedication to responsible #AI practices and continuous oversight. By having a thorough governance, #MarTech companies similar to OpenMinds can adopt the reins and set an example for…