Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister
The establishment of the Johor-Singapore Special Economic Zone (JS-SEZ) will help create more startup companies in Malaysia, especially in the state of Johor, the southern state located nearest to Singapore.
Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of…
Catcha Digital acquires 51 percent interest in digital agency Digital Symphony for $4.55M
Malaysia-based digital media firm Catcha Digital Berhad is acquiring 51 percent equity interest in digital agency, DS Services Sdn Bhd or more commonly known as “Digital Symphony” among industry players for MYR 21.17 million ($4.55 million).
Catcha Digital said in a statement on Tuesday that the firm has entered into a letter of intent (LOI) to acquire the stake.
According to the…
Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report
Malaysia's first tech unicorn Carsome Group, which operates a Southeast Asian used-car online marketplace, is said to be cutting "hundreds of jobs" to reduce costs as it works to reach profitability ahead of a potential stock-market listing, Bloomberg reported on Thursday.
Quoting people familiar with the matter, Bloomberg reported that Carsome is eliminating positions across Southeast Asia,…
Frost & Sullivan Honors Leading Organizations with Prestigious Industry Awards at the 2023 Best Practices Awards Ceremony
Sixteen Companies Awarded Excellence in Best Practices by Frost & Sullivan for Best-in-Class Performance
KUALA LUMPUR, Malaysia, Nov. 9, 2023 /PRNewswire/ -- The 2023 Frost & Sullivan Best Practices Awards Ceremony took place at the St. Regis Hotel in Kuala Lumpur, Malaysia, bringing together companies from the APAC and MEASA region that have accomplished innovative or disruptive…
MALAYSIA’S TECH ASPIRATIONS GET A BOOST WITH STRATEGIES AND SOLUTIONS AT THE HUAWEI MALAYSIA CLOUD SUMMIT 2023
KUALA LUMPUR, Malaysia, Oct. 3, 2023 /PRNewswire/ -- The Huawei Cloud Summit Malaysia 2023, held on Day 2 of the Malaysia ICT Summit 2023 gathered enterprise leaders and ICT professionals to explore how Malaysian enterprises can harness the power of cloud computing, big data, and AI to turbocharge transformation and sustainable growth.
With the theme "Take a Cloud Leap", this year's Summit…
ORIGIN Innovation Awards Leads the Path to a Sustainable and Responsible Future on its 4th Year
SINGAPORE, Oct. 3, 2023 /PRNewswire/ -- TNGlobal (formerly TechNode Global) announces the fourth edition of its ORIGIN Innovation Awards with the theme "Leading the Path to a Sustainable and Responsible Future." This year's awards will have a continued focus on how innovations are making an impact on sustainable development goals, celebrating and showcasing the remarkable endeavors of tech-driven…
ORIGIN Innovation Awards Leads the Path to a Sustainable and Responsible Future on its 4th Year
Southeast Asia, October 1, 2023–TNGlobal (formerly TechNode Global) announces the fourth edition of its ORIGIN Innovation Awards with the theme “Leading the Path to a Sustainable and Responsible Future.” This year’s awards will have a continued focus on how innovations are making an impact on sustainable development goals, celebrating and showcasing the remarkable endeavors of tech-driven…
Sunview partners UOB Malaysia to help Malaysian businesses and consumers adopt renewable energy
Malaysian sustainable energy solutions provider Sunview Group Berhad, has partnered lender UOB Malaysia to provide installation and management services of solar power systems for local businesses and consumers in Malaysia.
Sunview said in a statement on Monday that its wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed the agreement with UOB Malaysia for the partnership.
According…
Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Southeast Asia’s largest car e-commerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group CEO Eric Cheng told Reuters.
Cheng said the company is looking for strategic investors whose “businesses are able to add value to what we are doing, be it on car trading, financing or insurance.”
Last year, Carsome has won one of Malaysia’s first…
UOB Malaysia launches financing solution for electric vehicle ecosystem
Banking group UOB Malaysia has announced the launch of U-Drive, a comprehensive financing solution for the electric vehicle (EV) ecosystem in the country.
The solution seamlessly connects the EV value chain, including automotive component suppliers, automotive brand owners, dealers, and charging point operators to end-users, UOB Malaysia said in a statement on Tuesday.
According to the…