Malaysia

Petronas plans to expand corporate venture capital arm with up to $200M – report

Malaysia's government has been wanting to boost and support the local startup ecosystem with various initiatives and policies. On Thursday, Malaysia’s sovereign fund Khazanah Nasional Berhad announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programs…

Khazanah launches Future Malaysia Program to spur the local start-up ecosystem

Malaysia's sovereign fund Khazanah Nasional Berhad has on Thursday announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programmes through collaborations with domestic and international partners.

RHB Xcelerator program announces 11 finalists

The RHB Xcelerator programme, which have been launched by Malaysian lender RHB Banking Group and Malaysian venture capital (VC) firm 1337 Ventures, has announced 11 finalists that will compete at its first Demo Day.

Malaysia’s largest lender Maybank introduces financing solution for electric vehicle

Malaysian bank Maybank has introduced Malaysia’s first-of-its-kind integrated automobile financing solution for electric vehicle (EV) and hybrid customers.

IHH Healthcare invests in digital mental health company Intellect

IHH Healthcare, a Malaysia-based international healthcare provider, has invested into Intellect, a digital mental health company based in Singapore.

Futurise teams up with CAAM to advance Malaysian urban air mobility

Futurise Sdn Bhd (Futurise) together with the Civil Aviation Authority of Malaysia (CAAM) unveiled the unmanned aircraft system (UAS) certification (C-UAS) and manned electric vertical take-off and landing (eVTOL) aircraft national regulatory sandbox (Manned eVTOL NRS) earlier Tuesday.

Richard Li’s FWD filing HK IPO application again – report

According to the report, the IPO, whose proceeds will be used to fuel the firm’s growth, could come as soon as in the second quarter depending on market conditions.

BEYOND Expo Back in Macao for 2023 to See “Technology Redefined” in one of Asia’s Biggest Tech Events

Now on its third edition, BEYOND International Technology Innovation Expo (BEYOND Expo) returns to its real-world conference format in Macao from May 10 to 12, 2023. The live-streamed and in-person conference format will provide exhibitors and attendees with more direct access to media channels and networking opportunities than ever before through the…

Visa partners GHL to offer consumers instalment options for in-store purchases in Malaysia

Global digital payments firm Visa has announced its partnership with Malaysia-based payments company GHL Systems Berhad to enable Visa Instalments for in-store purchases, a first of its kind initiative in Asia Pacific.

Malaysia introduces initiatives to ensure local startups will have access to later stage financing

Anwar said his administration is committed to support high value-add local startups from early stage right up to listing onto Bursa Malaysia (local stock exchange).”