Malaysia
Malaysia’s Payd secures $400,000 seed extension funding from A2D Ventures, Orbit Startups, AngelSpark
Payd, a Malaysian fintech company specializing in earned wage access (EWA) solutions, has successfully raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark.
MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing
Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome.
Malaysia’s MEASAT partners China’s SPACESAIL to advance LEO satellite services
Malaysian satellite solutions provider MEASAT Global has partnered Chinese low earth orbit (LEO) satellite operator Shanghai Spacesail Technologies (formerly Shanghai Spacecom Satellite Technology) to advance LEO satellite services.
Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services
Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services.
Malaysia’s Proton begins construction of new EV plant in Tanjung Malim
Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility.
Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.
Endeavor Malaysia appoints Shan Li Tay as new Managing Director
Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.
Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0
The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google Workspace’s latest generative AI (gen AI) capabilities, empowering them to transform public service delivery.
Malaysia government to study impact of DeepSeek AI platform on Malaysia – report
Gobind said the government is giving serious consideration to DeepSeek and its model, before it can be adapted for local use to keep pace with the rapid development of the AI landscape.
Axiata inks deals with Sinar Mas to advance digital solutions in Southeast Asia
Malaysian telecommunication firm Axiata Group Berhad has inked deals with Indonesian conglomerate Sinar Mas to advance strategic collaboration in digital solutions in the Malaysian and Indonesia.
