Malaysia

British Malaysian Chamber of Commerce (BMCC) and the Malaysia Digital Economy Corporation (MDEC) have on Thursday announced the signing of memorandum of understanding (MOU) in a move to bolster digital trade and economic cooperation between the United Kingdom and Malaysia.

Malaysian utility firm Tenaga Nasional Berhad (TNB) is planning to build hybrid hydro-floating solar (HHFS) Photovoltaic (PV) projects under National Energy Transition Roadmap (NETR) at its hydro dam reservoirs.

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. In May 2017, Zhejiang Geely Holding Group and DRB-Hicom signed a deal that will see Zhejiang Geely Holding Group buy a 49.9 percent stake in Proton Cars.

Aerodyne Group, a drone-based enterprise solutions provider headquartered in Malaysia, has on Wednesday inked an agreement with DroneDash Technologies (DroneDash), an air mobility company headquartered in Singapore, to introduce cross-border drone delivery services between Malaysia and Singapore.

Smart mobility provider, ACO Tech, has formalized a Memorandum of Collaboration (MoC) with Geno and the Malaysia Automotive, Robotics & IoT Institute (MARii) to explore the use of blockchain solutions for Malaysia’s electric vehicle (EV) infrastructure.

Zetrix, a layer-1 public blockchain platform owned by MY E.G. Services Berhad (MYEG), and Web3Labs Hong Kong, a Web3 development and investment powerhouse, have on Monday launched the Zetrix Global Accelerator Program to incubate and nurture promising Web3 startups from all over the world with ecosystem support from Hong Kong’s progressive Virtual Asset…

The Social Security System of Philippines (SSS PH) and MYEG Philippines, Inc. (MYEG PH) have entered a groundbreaking partnership to enhance the payment experience for SSS PH members. With this strategic collaboration, SSS PH members will be able to enjoy a hassle-free and efficient online payment of loans and contributions.

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…