Malaysia
KWAP finalizes 12 General Partners under Dana Pemacu’s $1.42B fund allocation
Malaysia's retirement fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) announced Monday the shortlisted 12 global General Partners (GPs) with an allocation of MYR 6 billion ($1.42 billion) across both conventional and Shariah-compliant funds under the Dana Pemacu initiative.
Grab Malaysia, Proton expand strategic partnership to support e-hailing community
Malaysian national carmaker Proton and tech firm Grab Malaysia have taken another step forward in strengthening the commitment to the e-hailing community with the expansion of their ongoing strategic partnership.
DHL and MIDA extend strategic partnership to support Malaysia’s position as leading logistics hub
US logistics firm DHL has reaffirmed its partnership with the Malaysian Investment Development Authority (MIDA) through a new memorandum of understanding (MOU) to support Malaysia’s position as leading logistics hub.
SC invites public feedback on proposed framework on sustainability assurance
The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), published on Wednesday a consultation paper to seek public feedback on the proposed framework for sustainability assurance.
SME Bank launches $50M new strategic initiatives to boost high-impact sectors in Malaysia
Malaysian government-owned Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) announced Thursday a suite of strategic initiatives valued at MYR 211 million ($49.88 million), reinforcing its commitment to advancing the government’s MADANI economic framework and in alignment with the bank’s mandate under the National Budget 2025.
Malaysia launches full-scale startup ASEAN platform to drive regional growth
Malaysia has on Wednesday launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and empower startups across ASEAN.
Malaysia’s regulator issues Product Governance Guidelines to promote responsible innovation and strengthen investor protection
The Securities Commission Malaysia (SC) introduced on Tuesday the Guidelines on Product Governance (PGG), aimed at strengthening investor protection as well as encouraging responsible product development and distribution in the capital market.
Malaysia’s First Move secures Jelawang Capital to back AI builders
First Move, a founder-led venture capital firm based in Malaysia, announced Tuesday its newest fund anchored by Jelawang Capital, the subsidiary under Malaysia’s sovereign wealth fund, Khazanah Nasional.
Malaysia’s 3cat raises Pre-Series A funding to scale omnichannel circular electronics platform
3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.
PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia
Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.
