Malaysia

Malaysia-based clean energy solutions provider Gentari, through its subsidiary Gentari International Renewables Pte Ltd has added offshore wind capacity into its portfolio, following an investment into the Hai Long offshore wind project located off the Changhua coast in the Taiwan Straits.

As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.

LiveIn, a Malaysia-based proptech firm, has successfully secured $8.3 million in its pre-Series B funding round. The round was led by Wavemaker Partners and InterVest, with participation from Malaysia Debt Ventures Berhad (MDV), Jungle Ventures, and CAC Capital.

In response to the escalating mental health crisis in Malaysia, tech firms Corrective Aesthetics Sdn Bhd and Teda Technology Sdn Bhd have announced a groundbreaking collaboration to expand the Remind program, a mobile application that is designed to diagnose users' mental states through voice recordings.

Malaysian utility firm Tenaga Nasional Berhad (TNB) and property developer Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting sustainable energy projects within Sime Darby Property’s Township developments.

Bursa Malaysia Berhad and RAM Holdings Berhad, have through a joint venture entity, Bursa Malaysia RAM Capital Sdn Bhd (formerly known as BM RAM Capital Sdn Bhd), on Friday launched a debt fundraising platform. The platform is an alternative fund-raising avenue strategically designed to facilitate listed and unlisted small to mid-sized companies with…

Tencent Cloud, the cloud business of Chinese tech company Tencent, has unveiled its latest artificial intelligence (AI) and media solutions to local partners at Inaugural Tencent Cloud Day in Malaysia. The move solidifies the company’s commitment to driving innovation in the industry.

The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.

Japanese engineering firm IHI Corporation has partnered Petronas's clean energy arm Gentari Sdn Bhd to develop global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.

Japan's international payment brand JCB Co., Ltd. (JCB) has launched the JCB Digital Currency (JCBDC) phase 2 pilot project with France-based identity technologies firm, IDEMIA, and Malaysia-based fintech company Soft Space Sdn Bhd.