Malaysia

SEDANIA As Salam Capital (SASC), a subsidiary of SEDANIA Innovator Berhad, is disbursing MYR 2 billion ringgit ($480 million) to fuel gig economy in Malaysia.

Paywatch, a Malaysia-based fintech-driven employee benefit platform and earned wage access (EWA) service provider, announced Thursday it has raised $20 million Series A equity funding from Malaysia’s FWD-backed Artem Ventures, South Korea’s Kakao Pay.

Organized by the Ministry of Science, Technology and Innovation (MOSTI) and its agency Cradle Fund Sdn Bhd (Cradle), with Alliance Bank as the Title Partner, the three-day summit brought together over 3,000 participants from all ASEAN Member States (AMS) and across the globe including government representatives, investors, ecosystem builders, and startups…

Bursa Malaysia Berhad and AmInvest have on Wednesday launched the FTSE4Good Bursa Malaysia ETF, marking Malaysia’s first and only sustainable and responsible investment (SRI)-qualified exchange-traded fund (ETF) in the market, adding to AmInvest’s existing suite of ETFs.

The United States-based LexisNexis Risk Solutions has on Wednesday launched its Asia Pacific (APAC) data center in Malaysia to better serve the Asian market.

Amazon Web Services (AWS), an Amazon.com company, has on Tuesday released new research revealing that artificial intelligence (AI) adoption continues to accelerate in Malaysia, with 2.4 million, or 27 percent of Malaysia’s businesses, already adopting AI.

Organized under the Korea-ASEAN Digital Innovation Flagship Project (KADIF), the competition was jointly implemented by the National IT Industry Promotion Agency of Korea (NIPA), the ASEAN Secretariat, and Cradle Fund Sdn. Bhd. (Cradle) under the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia. The competition is funded by the ASEAN-Korea…

Ficus Capital, a Malaysia-based environmental, social, and governance (ESG)- and Shariah-driven venture capital management company, has announced that its Ficus SEA Fund has made an undisclosed investment in Global Psytech Sdn Bhd, a behavioral analytics firm advancing inclusive, data-driven solutions in credit scoring, talent development, and intelligent…

Brankas, the Singapore-based Open Finance technology provider, and INFOPRO, a Malaysia-based artificial intelligence (AI)-driven banking solutions company, are joining hands to boost smarter credit and digital transformation across the Southeast Asia’s banking sector.

LGMS Berhad, through its wholly owned subsidiary Applied Security Intelligence Sdn Bhd (ASI), has entered into a strategic partnership with Bridgenet Solutions Sdn Bhd, a CelcomDigi company, to deliver advanced cybersecurity solutions for small and medium-sized enterprises (SMEs) and large corporations across Malaysia.