Malaysia
Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Teleport, a Malaysia-based integrated logistics solutions provider, announced Monday that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho Chi Minh City belly space.
Bandar Utama City Centre appoints Solarvest to install solar panels on mall
Malaysia-based Bandar Utama City Centre Sdn Bhd (BUCCSB), the operator of 1 Utama Shopping Centre (1 Utama), has appointed Solarvest Energy Sdn Bhd, a wholly-owned subsidiary of clean energy expert Solarvest Holdings Berhad (Solarvest), to install Malaysia’s largest on-site solar photovoltaic (PV) panels and building-integrated photovoltaic (BIPV) panels…
Analysts foresee electric vehicle growth potential in Malaysia
Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000 ($20.965) pricing floor currently imposed on completely built units CBU EVs, remained a hurdle for EVs adoptions.
Malaysia to launch Single Window Initiative to strengthen startup ecosystem
The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia will be launching the Single Window Initiative to strengthen the country’s startup ecosystem by streamlining processes and consolidating resources under one platform.
EV charging operators from Singapore and Malaysia combine networks through roaming
Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.
PRO-NET obtains $42M financing to support green mobility and smart electric vehicles trading in Malaysia
Proton New Energy Technology Sdn Bhd (PRO-NET), a wholly owned subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, announced Thursday it has obtained MYR 200 million ($42.19 million) in financing from CIMB Bank Berhad (CIMB) for the funding of its green mobility initiative and the import and distribution of the smart #1 premium electric vehicles (EV) in…
Shopee doubles down on operational and logistics investments in Malaysia
Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.
Malaysia’s Jaya Grocer partners Paywatch to enable real-time access to salaries for its employees
Jaya Grocer, a Malaysia-based mass-premium supermarket chain, has partnered with earned wage access (EWA) provider Paywatch, to enable real-time access to salaries for Jaya Grocer employees.
Malaysia’s Bateriku.com raises $2.11M funding from VentureTECH, VentureTECH SBI
Malaysian roadside assistance company Bateriku (M) Sdn. Bhd. (Bateriku.com) has raised MYR 10 million ($2.11 million) from government-backed impact investment companies VentureTECH Sdn. Bhd. (VentureTECH) and VentureTECH SBI Sdn. Bhd. (VentureTECH SBI) to expand its connected roadside assistance services.
Malaysia unveils blueprint for venture capital growth and economic empowerment
Malaysia has on Monday unveiled a blueprint for venture capital growth and economic empowerment. Crafted through meticulous collaboration and strategic foresight, this roadmap is set to ignite innovation, foster entrepreneurship, and drive economic growth across the nation.
