Malaysia

Malaysia’s Gentari appoints Navjit Gill as India’s Country Head

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective July 10 2023. As Country Head of Gentari India, Navjit will lead the team in growing all three core pillars, fortifying its presence not only in commercial & industrial sectors by 2025 but…

Tesla starts accepting orders in Malaysia

As part of Malaysia's commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles.

AEON Credit Service partners Aeon Financial Service to undertake digital Islamic bank business in Malaysia

Malaysia's financial service firm AEON Credit Service (M) Berhad has partnered Japan-listed financial institution Aeon Financial Service Co. Ltd. (AFS) to undertake the business of a digital Islamic bank in Malaysia.

Malaysia’s Ni Hsin partners UNIVERSITI TEKNIKAL MARA to promote EV motorcycles

Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has signed a letter of intent (LOI) with UNIVERSITI TEKNIKAL MARA SDN. BHD. (UnIKL), to promote the innovative electric motorcycles known as EBIXON EV Motorcycles.

Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing

CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…

Malaysia PM Anwar Ibrahim discusses Starlink satellite service with Elon Musk

"We also discussed the participation of SpaceX in the Starlink satellite service, which can contribute to faster and broader internet access, especially in remote areas that require minimal physical infrastructure and land to improve global internet connectivity," Anwar said.

Singapore’s Antler partners Khazanah to launch and invest in Malaysia

Singapore-based venture capital firm Antler is extending its international footprint into Malaysia through a partnership with the sovereign wealth fund of Malaysia Khazanah. Khazanah said in a statement on Thursday that Antler is aiming to invest in over 30 startups across Malaysia over the next three years.

India’s Razorpay launches payment gateway in Malaysia via Curlec

Indian Fintech Unicorn Razorpay has on Wednesday launched a full-stack payment gateway in Malaysia through Curtech, a Malaysian fintech firm it acquired last year. The Curlec Payment Gateway will serve more than 5,000 businesses with a target of MYR 10 billion ($2.15 billion) in annualized gross transaction value (GTV) by 2025.

Khazanah-backed insurtech firm PolicyStreet aims to serve underserved & underinsured communities including gig workers [Q&A]

TechNode Global recently spoke to its Co-Founder and Chief Executive Officer Yen Ming Lee to learn more about the company’s plans after its latest funding round, what are the opportunities and challenges the company sees in the insurance industry.

Carsome appoints former PwC Singapore chairman as first independent director

Southeast Asia’s largest integrated car eCommerce platform Carsome Group Inc. has on Monday announced the appointment of Yeoh Oon Jin to its board as its first Independent Director, effective from June 30, 2023.