Malaysia

Secondlifeasia, a Malaysia-based smart device repair company, announced its expansion to Thailand, through a joint venture with Appidea Co., Ltd with an initial investment of $250,000. The expansion will see the firm strategically setting up a total of three centrally located brick-and- mortar outlets in Thailand by the end of 2024.

Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Friday announced the first batch of investments made under its Dana Perintis strategy. The investments, which amount to MYR 100 million ($21 million), comprise two direct investments in Malaysian startups and two venture capital fund commitments.

Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE), to advance Asean’s sustainable development through the implementation of common environmental, social and governance (ESG) metrics in their respective data…

The Securities Commission Malaysia (SC) has on Tuesday introduced the Focused Scope Assessment (FSA) for new eligible Capital Market Intermediaries (CMIs) and Recognized Market Operators (RMOs). The FSA, which takes effect immediately via amendments to the guidelines on recognized markets, is part of the regulator’s new gatekeeping approach in light of the…

Solarvest Borneo Sdn Bhd, a subsidiary of Malaysia-based clean energy expert Solarvest Holdings Berhad, has unveiled a new green energy testbed with the Centre for Technology Excellence Sarawak (CENTEXS) and Huawei Technologies (Malaysia) Sdn Bhd at CENTEXS’ Headquarters in Santubong, Kuching, Sarawak.

Malaysia Venture Capital Management Berhad (MAVCAP), has appointed Ter Leong Yap as its new Chairman, effective December 15, 2023. Ter joins its family with a wealth of experience through his current roles as the Founder and Executive Chairman, Sunsuria Group.

“There are market rumours that the negotiations for the potential sale have collapsed,” Deliver Hero said in a statement, according to the report. “We confirm that the negotiations for the potential sale are ongoing.”

Asia United Bank (AUB), a publicly listed banks in the Philippines, has partnered with Alipay+, a China-based cross-border mobile payments and marketing platform by Ant International, to enable scan-to-pay feature for cross-border payments in South Korea, Malaysia, Hong Kong.

Malaysian renewable energy (RE) developer Ditrolic Energy Holdings Sdn. Bhd. has secured investment backing from global asset management company BlackRock’s Climate Finance Partnership1 (CFP), its flagship public-private finance vehicle. The duo have entered into an agreement in which CFP will back Ditrolic Energy’s expansion to build commercial and…

Malaysian telecommunication firm Maxis and lender Public Bank Bhd. are collaborating to further accelerate digital adoption among Malaysian small and medium enterprises (SMEs). Through the collaboration, which was formalized during a Memorandum of Understanding (MoU) exchange ceremony, both companies will embark on a joint awareness program to promote…