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MRANTI supports 191 Malaysian innovators to accelerate since 2020

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has supported 191 Malaysian companies to accelerate since 2020. In 2023, its National Technology and Innovation Sandbox (NTIS) spearheaded by MRANTI has enabled 27 Malaysian technology companies to commercialize 27 products, turning in MYR 87.2 million ($18.67 million) in sales.

Philippines-based finance app GCash enters agrifintech with agri-fisheries platform Mayani

Philippines-based finance app GCash – operated by the country’s fintech firm Mynt – has entered agrifintech through a strategic bid with Mayani, an agri-fisheries platform connecting smallholder farmers and fishers to buyers, to tackle the nation’s elusive phenomenon of rural financial inclusion.

Malaysia’s Airo enters fintech as actively managed digital investment platform

Airo, a brand of CP Global Fintech Solutionshas made its official entry into the fintech arena as Malaysia’s first actively managed digital investment platform.

EV maker Lotus Technology secures $870M private investment

Lotus Technology, a global luxury electric vehicle maker of British sports car firm Lotus Group, which is owned jointly by Chinese automaker Geely and Malaysia's Etika Automotive, has secured additional financing ahead of the completion of its planned business combination with L Catterton Asia Acquisition Corp (LCAA). The firm has signed agreements for a…

Fast-fashion giant Shein applies to go public in US – report

Shein's confidential US IPO filing was first reported by China's Shanghai Securities Journal last week. The Wall Street Journal earlier on Monday confirmed the report citing sources, the report added.

Indonesia’s JALA raises $13.1M from Intudo to scale up operations across key regions of Indonesia

JALA, an Indonesian digital enabler for the shrimp industry, has on Tuesday announced the completion of a $13.1 million Series A round of financing led by Intudo Ventures. The funding also saw participation from Sinar Mas Digital Ventures (SMDV), and existing investors Mirova and Meloy Fund (Deliberate Capital).

Animoca Brands announces sold-out Season 2 of TinyTap Publisher NFTs; generates $333,907 revenue for educators

Hong Kong-based gaming firm Animoca Brands has on Monday announced that Season 2 of Publisher non-fungible tokens (NFTs) has sold out, and has generated $333,907 for 168educators. The Season 2 sale of 720 Publisher NFTs, which are created by its subsidiary TinyTap, an edtech platform for educational games, and hosted and facilitated by Open Campus, a…

Malaysian Stock Exchange, United Nations Global Compact collaborate to advance capability, capacity building on sustainability in the marketplace

Bursa Malaysia Berhad and UN Global Compact Network Malaysia & Brunei (UNGCMYB), an official local network of the United Nations Global Compact (UNGC), have announced a collaboration to jointly explore the development of sustainability-focused capability and capacity building programs that are specifically designed for the Malaysian marketplace.

Malaysia’s REDtone offers Starlink satellite broadband services to government and enterprise customers

Malaysia-based integrated telecommunications and digital infrastructure services provider REDtone Digital Berhad (REDtone) and American spacecraft manufacturer SpaceX have inked an authorized reseller agreement to offer Starlink satellite-based high speed internet services across Malaysia.

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CISO as the keystone to a culture of resilience

The #CISO, a position that has grown increasingly important since the last decade, is quickly becoming a key role in almost all large #enterprises today. Especially against the rapidly evolving threat landscape fuelled by emerging technologies maturity and ongoing economic headwinds, the need for a dedicated security professional to fortify #cybersecurity…