Malaysia

MYStartup partners Maxis, Petronas, Cyberview and airasia academy to support Malaysian startups

MYStartup, an initiative by the Ministry of Science of Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), has partnered with Malaysian firms Maxis, Petroliam Nasional Berhad (Petronas), Cyberview and airasia academy to foster growth in Malaysia’s startup ecosystem.

Funding Societies introduces Shariah-compliant Guaranteed Islamic Investment Note in Malaysia

Following the launch of its comprehensive Islamic financing solutions recently, Funding Societies, the Singapore-based unified small and medium sized enterprise (SME) digital finance platform, has introduced its Guaranteed Islamic Investment Note (GN-i) in Malaysia.

Carro invests in Malaysian automobile content provider Driven Communications

Carro, the Singapore-based online used car platform, has on Monday announced that it is making a strategic investment into Driven Communications, a Malaysian content provider.

Malaysia announces measures to boost capital market vibrancy and competitiveness

Malaysia has on Monday announced several measures to boost capital market vibrancy and competitiveness. The capital market regulators commit to explore ways to reduce market friction and shorten time-to-market for initial public offerings.

WORQ on track to double total space under management to 200,000 sqf by year end

WORQ, a Malaysia-based coworking and flexible space provider, said Monday it is on track to double its total space under management to 200,000 square feet by the end of 2023.

MRANTI CEO Dzuleira Abu Bakar resigns after 4.5 years of service

The Board of Directors (Board) of the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on Monday announced the resignation of Dzuleira Abu Bakar as its Chief Executive Officer (CEO).

Carsome completes latest financing round, bringing liquidity position to $200M

Malaysia-based integrated car e-commerce platform Carsome Group Inc, has on Monday announced the closing of its latest fundraising round, which brings the group’s liquidity position to approximately $200 million.

Malaysia secures $1.79B investment commitments at London Tech Week – report

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).

Malaysia’s Agmo inks MoU with Alibaba Cloud for EV superapp

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud computing company of China-based Alibaba Group, to launch electric vehicle (EV) superapp.