Malaysia

Malaysian PM proposes Tenaga, Perodua to team up on EV charging – report

Malaysian Prime Minister Ismail Sabri Yaakob on Wednesday proposed to the national utility company Tenaga Nasional Bhd (TNB) and Perusahaan Perusahaan Otomobil Kedua Sendirian Bhd…

GRAB-Singtel, Axiata’s Boost-RHB, Sea Ltd-YTL, AEON Credit consortiums among winners of Malaysia digital banking licenses

Bank Negara Malaysia announced on Friday the five successful applicants for the digital bank licenses as approved by the Minister of Finance Malaysia. The country will have three…

Malaysia to announce digital banking license winners as early as Friday – report

Bank Negara Malaysia is expected to announce the successful applicants for its digital bank licenses on Friday (Apr 29), local media theedgemarkets.com reported, quoting sources.…

Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund

RHL Ventures, which is in the midst of finalizing funds for its Hibiscus Fund, is seeking opportunities in the environmental, social and corporate governance (ESG)-related,…

Malaysia proposes various tax exemptions for EVs in Budget 2022

The Malaysian government has announced to give full exemption of import duty, excise duty, as well as sales tax for electric vehicles (EVs) in a bid to support the local EV…

Malaysia to roll out digital ID in 2024

The National Digital Identity (NDI) will be fully implemented in 2024, according to Malaysia Home Minister Hamzah Zainudin. He said the initiative would not replace MyKad, the…

Malaysia finance minister says Indonesian FinTech unicorn Xendit to relocate financial hub to Malaysia – report

Indonesia-based FinTech firm Xendit, which has reached unicorn status last week, is said to be relocating its financial hub to Malaysia. The announcement was made by Malaysia…

Unicorns-in-the-making: The underrated, untapped, and unknown of Malaysia’s tech ecosystem

So much has been said and written about the vast potential of the Malaysian tech ecosystem--and for all the right reasons. Within ASEAN, Malaysia was one of the first countries to…

MDEC launches Global Technology Grant to nurture global tech champions

Malaysia Digital Economy Malaysia (MDEC), a government agency focusing on digital transformation, has announced on Thursday the Global Technology Grant (GTG), an initiative aimed…

Petronas Twin Towers in Kuala Lumpur, Malaysia

Political uncertainties in Malaysia seen as ‘short-term risks’, say tech investors

The political uncertainties in Malaysia following the resignation of its Prime Minister are seen as ‘short-term’ risks as the tech industry in the country is expected to continue…