Malaysia
Analysts foresee electric vehicle growth potential in Malaysia
Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000 ($20.965) pricing floor currently imposed on completely built units CBU EVs, remained a hurdle for EVs adoptions.
Malaysia to launch Single Window Initiative to strengthen startup ecosystem
The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia will be launching the Single Window Initiative to strengthen the country’s startup ecosystem by streamlining processes and consolidating resources under one platform.
EV charging operators from Singapore and Malaysia combine networks through roaming
Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.
PRO-NET obtains $42M financing to support green mobility and smart electric vehicles trading in Malaysia
Proton New Energy Technology Sdn Bhd (PRO-NET), a wholly owned subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, announced Thursday it has obtained MYR 200 million ($42.19 million) in financing from CIMB Bank Berhad (CIMB) for the funding of its green mobility initiative and the import and distribution of the smart #1 premium electric vehicles (EV) in…
Shopee doubles down on operational and logistics investments in Malaysia
Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.
Malaysia’s Jaya Grocer partners Paywatch to enable real-time access to salaries for its employees
Jaya Grocer, a Malaysia-based mass-premium supermarket chain, has partnered with earned wage access (EWA) provider Paywatch, to enable real-time access to salaries for Jaya Grocer employees.
Malaysia’s Bateriku.com raises $2.11M funding from VentureTECH, VentureTECH SBI
Malaysian roadside assistance company Bateriku (M) Sdn. Bhd. (Bateriku.com) has raised MYR 10 million ($2.11 million) from government-backed impact investment companies VentureTECH Sdn. Bhd. (VentureTECH) and VentureTECH SBI Sdn. Bhd. (VentureTECH SBI) to expand its connected roadside assistance services.
Malaysia unveils blueprint for venture capital growth and economic empowerment
Malaysia has on Monday unveiled a blueprint for venture capital growth and economic empowerment. Crafted through meticulous collaboration and strategic foresight, this roadmap is set to ignite innovation, foster entrepreneurship, and drive economic growth across the nation.
FinDoc partners Malaysia’s CTOS to offer AI-enhanced ID verification in loan eligibility screening
FinDoc Sdn Bhd (FinDoc), a Malaysia-based FinTech startup, has announced a strategic partnership with CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, to offer artificial intelligence (AI)-enhanced ID verification in loan eligibility screening.
Capital A partners Trip.com to enhance travel offerings
Malaysia-based Capital A announced last Friday it has signed a comprehensive partnership with China’s leading global travel service provider Trip.com Group, aimed at enhancing travel offerings and market reach across Asia.
