Malaysia
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.
Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification
Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…
Jelawang Capital selects first EMP and RMI fund managers to deepen Malaysia’s venture capital ecosystem
Malaysia's state-owned fund Khazanah Nasional Berhad and its subsidiary Jelawang Capital announced Tuesday the selection of the first five venture capital (VC) firms under its Emerging Fund Managers’ Program (EMP) and Regional Fund Managers’ Initiative (RMI).
Petronas Carigali and Halliburton to deploy next generation subsurface modeling and reservoir management solutions
Malaysia-based exploration firm Petronas Carigali Sdn. Bhd and global energy products and services firm Halliburton have announced a strategic collaboration to advance subsurface modeling and reservoir management.
TNG Digital, Setel team up to enable digital payments in Petronas stations
Malaysia-based digital payment firm TNG Digital Sdn Bhd (TNGD) has formalized a strategic partnership with e-money issuer Setel Ventures Sdn Bhd to enable fuelling and payments right at the pump via TNG eWallet, available at over 1,000 Petronas stations nationwide.
