Malaysia

HOMA Sdn Bhd (HOMA2u), a Malaysian marketplace for overstocked and new renovation and interior design materials, announced Friday that it has secured an additional $625,000 from Asia Fund X in its pre-series A funding round.

The entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war. In China, Luckin Coffee's home market, the entry also comes…

Iskandar Investment Berhad (IIB), the master developer of Iskandar Puteri of Johor in Malaysia, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera, a joint venture of Telekom Malaysia (TM) and Singtel, to empower the digital economy and build a sustainable future for the region.

Accendo Technologies, a Malaysia-based firm in talent intelligence, selection, development, and upskilling, has inked deal with global employee experience and activation technology firm Welliba for global expansion with artificial intelligence (AI) innovation.

Among other things, the MoU will lead the scope of cooperation to include exchange programs of scientists and researchers, partnerships between research institutions as well as joint organisation of academic programs and conferences with the involvement of international scientists and researchers.

Malaysian telecommunications firm Telekom Malaysia (TM) is partnering Nxera, the regional data center arm of Singapore-based Singtel’s Digital InfraCo unit, in a joint venture to develop data centers in Malaysia starting with a sustainable, hyper-connected artificial intelligence (AI)-ready data center campus in Johor.

Malaysian clean energy solutions provider Gentari Sdn Bhd has teamed up with insurance and takaful operator Zurich Malaysia to drive green mobility and renewable energy adoption in Malaysia.

Singapore-based used car online platform Carro has opened its first 4S Center in Asia-Pacific in Seremban of Malaysia, as part of its commitment to redefine used cars with technology and expertise.

The Malaysia External Trade Development Corporation (MATRADE), has joined hands with TikTok Shop in the effort to intensify cross-border business opportunities through #ThisisMY Campaign.

The Malaysia External Trade Development Corporation (MATRADE) and Amazon has announced that they have entered into a memorandum of understanding (MoU) to bolster export capabilities of small and medium-sized enterprises (SMEs) in Malaysia.