Malaysia
Kuala Lumpur’s tech startup ecosystem generates more than $47B in value over past three years
Kuala Lumpur, the capital of Malaysia, saw its tech startup ecosystem generates more than MYR 220 billion ($46.73 billion) in value over the past three years.
Malaysia’s national carmaker Proton plans to launch 5 EV models under e.MAS brand – report
Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. Zhejiang Geely Holding Group purchased 49.9 percent of Proton Cars.
SC releases practical guide on venture capital and private equity in Malaysia
The Securities Commission Malaysia (SC) has on Thursday issued the first edition of the ‘Practical Guide on Venture Capital and Private Equity in Malaysia’ (Guide) in Malaysia.
Gentari, SEDCE launch hydrogen production hub in Malaysia
Sarawak Economic Development Corporation (SEDC)’s subsidiary SEDC Energy Sdn Bhd (SEDCE) has partnered clean energy solutions provider Gentari Sdn Bhd to launch the Sarawak H2 Hub, a global-scale hydrogen production hub in Bintulu, Malaysia.
Malaysia’s OpenMinds boosts innovation with three new board members
Malaysian MarTech company OpenMinds Group has on Wednesday announced the election of three distinguished professionals to its board of directors, effective this May.
Malaysia’s Deemples raises $2M from V Ventures to fuel growth and market expansion
Malaysia's golf platform Deemples has announced a $2 million investment from Singapore based corporate venture capital firm — V Ventures, to drive its growth and enrich user experience.
Maybank Invest ASEAN: Brighter outlook for key ASEAN markets, spurred by AI boom, supply chain migration & green transition
According to Maybank IBG Research, the broadening global electronics demand, spurred by the AI boom, has supported a modest economic recovery in the first half of 2024 and is brightening the second half outlook for the ASEAN-6 markets (Malaysia, Singapore, Thailand,Indonesia, Vietnam and the Philippines).
TikTok’s parent ByteDance planning $2.1B investment to make Malaysia regional AI hub, minister says
The plan also aims to turn Malaysia into a regional AI hub.
Tanco, CCCC Dredging (Group) join hands to develop Malaysia’s first smart AI container port
Malaysian property developer Tanco Holdings Berhad has partnered with Chinese infrastructure group China Communications Construction Company Limited (CCCC) to develop Malaysia’s first smart artificial intelligence (AI) container port.
Report : Malaysian knowledge workers use AI more than their global counterparts
Malaysian knowledge workers use artificial intelligence (AI) more than their global counterparts, a report said Thursday. Microsoft Corp and LinkedIn said in their 2024 Work Trend Index, a joint report on the state of AI at work, that 84 percent of knowledge workers in Malaysia (versus 75 percent globally) now use AI at work.
