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https://technode.global/2024/02/02/aub-partners-alipay-to-enable-cross-border-payments-in-south-korea-malaysia-hong-kong/ | AUB partners Alipay+ to enable cross border payments in South Korea, Malaysia, Hong Kong | 1 | Asia United Bank (AUB)The duo said in a statement on Friday that after becoming the first Philippine bank to offer an e-wallet that can be used for cross-border payments, AUB is in a race to expand the coverage of its HelloMoney abroad. Through AUB’s partnership with Alipay+, HelloMoney users can now make e-wallet paym... |
https://technode.global/2024/01/31/malaysian-re-developer-ditrolic-energy-secures-investment-backing-from-blackrocks-climate-finance-partnership/ | Malaysian RE developer Ditrolic Energy secures investment backing from BlackRock’s Climate Finance Partnership | 1 | Malaysian renewable energy (RE) developer Ditrolic Energy said in a statement on Wednesday that the duo have entered into an agreement in which CFP will back Ditrolic Energy’s expansion to build commercial and industrial (C&I) and utility-scale solar assets throughout emerging markets in Asia Pacific. The partnership s... |
https://technode.global/2024/01/26/maxis-and-public-bank-collaborate-to-further-accelerate-digital-adoption-among-malaysian-smes/ | Maxis and Public Bank collaborate to further accelerate digital adoption among Malaysian SMEs | 1 | Malaysian telecommunication firm The duo said in a statement on Friday that through the collaboration, which was formalized during a Memorandum of Understanding (MoU) exchange ceremony, both companies will embark on a joint awareness program to promote digitalization among SMEs. This will also pave the way for SMEs to ... |
https://technode.global/2024/01/26/malaysias-khazanah-in-talks-to-lead-softbank-backed-oyo-hotels-400m-fund-raise-report/ | Malaysia’s Khazanah in talks to lead Softbank-backed OYO Hotel’s $400M fund raise – report | 1 | Malaysia sovereign wealth fund Khazanah Nasional Bhd is said to be in discussions to lead a $400 million funding round in The Indian hotel-booking firm backed by Softbank Group, is seeking to raise funds for expansion and cutting debt, the people reportedly said. According to the report, Avendus Capital Pvt. is advisin... |
https://technode.global/2024/01/26/malaysias-epf-confirms-ahmad-zulqarnain-onns-appointment-as-ceo/ | Malaysia’s EPF confirms Ahmad Zulqarnain Onn’s appointment as CEO | 1 | The Board of the Previously helming Permodalan Nasional Bhd (PNB) as President and Group Chief Executive, Zulqarnain succeeds Amir Hamzah Azizan, who was appointed as the Minister of Finance II in Malaysia, after leading the fund since March 1, 2021, EPF said in a statement on Friday. According to the statement, Zulqar... |
https://technode.global/2024/01/26/malaysia-inks-deal-with-uae-to-build-data-centers-in-malaysia/ | Malaysia inks deal with UAE to build data centers in Malaysia | 1 | Malaysia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) on Thursday, marking a strategic partnership on the development of data centers in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts. The According to the statement, the MoU represents a... |
https://technode.global/2024/01/26/malaysias-tnb-partners-chinas-state-owned-utilities-to-shake-up-asean-power-grid-with-hvdc-technology/ | Malaysia’s TNB partners China’s state-owned utilities to shake up ASEAN power grid with HVDC technology | 1 | Malaysian utility firm TNB said in a statement on Thursday that this strategic move underscores its commitment as a regional energy leader dedicated to advancing sustainable energy solutions. TNB President and Chief Executive Officer Ir. Baharin Din has unveiled the ambitious initiative, emphasizing the pivotal role o... |
https://technode.global/2024/01/26/tenaka-partners-orange-business-to-scale-coral-reef-restoration-program-in-malaysia/ | Tēnaka partners Orange Business to scale coral reef restoration program in Malaysia | 1 | France’s information technology firm Orange said in a statement on Wednesday that Tēnaka’s coral reef restoration helps protect and preserve critically important and endangered wildlife while supporting the economic independence of coastal communities in terms of food security and employment linked to tourism and fishe... |
https://technode.global/2024/01/26/malaysia-to-appoint-pnb-chief-to-lead-countrys-largest-pension-fund-epf-reuters/ | Malaysia to appoint PNB chief to lead country’s largest pension fund EPF – Reuters | 1 | Malaysia is expected to name Ahmad Zulqarnain Onn, group Chief Executive Officer of the country’s largest asset manager Permodalan Nasional Berhad (PNB), as the head of its biggest state pension fund, The appointment will fill the role left vacant after Prime Minister Anwar Ibrahim in December named Amir Hamzah Azizan,... |
https://technode.global/2024/01/24/airasia-moves-monthly-active-users-surge-48-percent-on-year-in-4q2023/ | Airasia MOVE’s monthly active users surge 48 percent on year in 4Q2023 | 1 | Malaysia-based Capital A said in a statement on Wednesday that the app maintained an average of 15 million MAU throughout the year 2023, a 42 percent year on year surge. In tandem with the increased users, it said airasia MOVE achieved a new record for number of transactions, totaling 9.2 million in the fourth quarter ... |
https://technode.global/2024/01/24/malaysian-stock-exchange-partners-ssm-to-launch-platform-to-facilitate-smes-fundraising/ | Malaysian stock exchange partners SSM to launch platform to facilitate SMEs fundraising | 2 | Bursa Malaysia BerhadBursa Malaysia said in a statement that the SME X Platform ensues from the memorandum of understanding signed between Bursa Malaysia and SSM at end 2022, which among others was to enhance data analytics for strategic business decisions in line with the National Data Sharing Policy (NDSP). According... |
https://technode.global/2024/01/23/hsbc-malaysia-to-benefit-from-the-green-shoots-of-recovery-from-global-electronic-cycle/ | HSBC: Malaysia to benefit from the green shoots of recovery from global electronic cycle | 2 | Malaysia’s economy is expected to benefit from the green shoots of recovery this year powered by resilient consumer and investment spending, according to HSBC. “Malaysia’s economy should remain healthy this year powered by resilient consumer and investment spending. The positive fillip for Malaysia’s economy will come ... |
https://technode.global/2024/01/23/mavcap-invests-in-vynn-capitals-mobility-and-supply-chain-fund/ | MAVCAP invests in Vynn Capital’s Mobility and Supply Chain Fund | 2 | Malaysia Venture Capital Management Bhd (MAVCAP)This collaboration underscores MAVCAP’s dedication to advancing technological frontiers in Malaysia and Southeast Asia, the companies said in a joint statement on Tuesday. According to the statement, MAVCAP’s decision to participate as an investor in Vynn Capital’s Mobili... |
https://technode.global/2024/01/23/ni-hsin-inks-deal-with-myus-to-market-and-distribute-ebixon-motorcycles-in-perlis/ | Ni Hsin inks deal with MYUS to market and distribute EBIXON motorcycles in Perlis | 2 | Ni Hsin EV Mobility Sdn. Bhd. (NHEVM), a wholly-owned subsidiary of Ni Hsin EV Tech Sdn. Bhd. which in turn, a wholly owned subsidiary of Malaysia-listed Ni Hsin said in a statement on Tuesday that as the master dealer, MYUS will not just be promoting the sale of EBIXON motorcycles but also the rental of EBIXON motorcy... |
https://technode.global/2024/01/23/chery-malaysia-partners-carsome-for-vehicle-trade-ins/ | Chery Malaysia partners Carsome for vehicle trade-ins and training | 2 | AutomakerChery Malaysia said in its recent statement that the firm has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and enhance soft skills within the brand’s network of representatives. Upon opting for a trade-in,... |
https://technode.global/2024/01/22/zetrix-partners-web3labs-and-summer-capital-to-accelerate-hong-kongs-web3-roadmap-initiatives/ | Zetrix partners Web3Labs and Summer Capital to accelerate Hong Kong’s Web3 roadmap initiatives | 2 | ZetrixZetrix said in a statement that it expands its current mission of government and enterprise-focused Web3 development in alignment with Hong Kong’s Fintech Promotion Roadmap, in addition to significant partnerships announced with key stakeholders in China, Malaysia and the Philippines. Leveraging on the partners’ ... |
https://technode.global/2024/01/19/grab-malaysia-claims-it-observes-delivery-partners-benefitting-from-new-earning-structure-during-peak-demand-periods/ | Grab Malaysia claims it sees delivery-partners benefitting from new earning structure during peak-demand periods amid riders’ protest | 2 | Grab Malaysia has claimed that it has observed a “good number” of its “active delivery-partners” benefitting from the new earning structure in the last few days, following a protest from its delivery riders at its headquarters office in Malaysia on Friday. Grab Malaysia also said it encourages feedback and foster ongoi... |
https://technode.global/2024/01/19/grab-malaysia-says-it-commits-to-enhancing-earning-opportunities-based-on-partners-feedback-after-protest-calls-from-riders/ | Grab Malaysia defends revamped delivery fee framework amid riders’ protest call | 2 | Southeast Asia super app “This is done with reference to our delivery-partners’ recent feedback about bookings that involve longer wait time at merchants’ outlets or farther pick-ups. Apart from adjusting the base fare, we will increase the bonus pay out for such bookings that require more time and effort to complete,”... |
https://technode.global/2024/01/18/malaysian-food-startup-meals-in-minutes-nets-1-5m-from-500-global-to-scale-operations-in-malaysia-singapore-and-the-united-kingdom/ | Malaysia’s Meals in Minutes nets $1.5M from 500 Global to scale operations in Malaysia, Singapore, and the UK | 2 | Malaysian-based food startup Meals in Minutes said in a statement that the round is led by an early-stage venture fund and seed accelerator, 500 Global, with participation from a private investor. This fresh round of capital will fuel Meals in Minutes’s growth across Malaysia and Singapore, including establishing a pre... |
https://technode.global/2024/01/17/malaysias-techna-x-acquires-51-percent-stake-in-it-firm-netsec/ | Malaysia’s Techna-X acquires 51 percent stake in IT firm Netsec | 2 | Malaysia-based energy storage and digital transformation enabler This strategic partnership will see Techna-X acquiring a 51 percent stake in Netsec, combining their expertise in digital ecosystems and energy storage with Netsec’s expertise in cybersecurity solutions, Techna-X said in a statement. According to the stat... |
https://technode.global/2024/01/17/bcx-inks-deal-with-mpia-to-enhance-voluntary-re-certificates-market/ | BCX inks deal with MPIA to enhance voluntary renewable energy certificates market | 3 | Bursa Carbon Exchange (BCX)The partnership, formalized through a memorandum of collaboration (MOC) signed during the MPIA Solar Roadshow 2024 on Tuesday, will focus on four key areas. These include the joint promotion of solar RECs, enabling BCX to offer RECs trading to MPIA members, corporate entities and relevant sta... |
https://technode.global/2024/01/17/a-closer-look-at-warren-buffett-backed-chinese-ev-giant-byds-plan-in-malaysia/ | A closer look at Warren Buffett-backed Chinese EV giant BYD’s plan in Malaysia | 3 | China-based The Warren Buffett-backed company is in the process of opening showrooms in the country where the government has been pushing for more adoption of EVs and wooing more EV-related investments in Malaysia. BYD has appointed Sime Darby Motors as the official exclusive distributor of BYD vehicles in the country,... |
https://technode.global/2024/01/16/truemoney-malaysia-now-supports-duitnow-qr/ | TrueMoney Malaysia now supports DuitNow QR | 3 | TrueMoneyWith this new acceptance, TrueMoney e-wallet users can now use the application to make transactions seamlessly anywhere, from small stalls to retail shops that support the national QR standard, TrueMoney said in a statement. As of 2024, TrueMoney Malaysia has established a robust network of 22,000 merchants an... |
https://technode.global/2024/01/12/careplus-goauto-jv-to-commence-130m-green-technology-facility-in-malaysia/ | Careplus, GoAuto JV to commence $130M green technology facility in Malaysia | 3 | NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker The duo said in a statement on Friday that the facility is aiming to commence operations beginning in the first quarter of 2025, and creating new employment opportunities and investments in the region within and adjacent to Ne... |
https://technode.global/2024/01/12/malaysias-warisan-tc-inks-deal-with-chinas-gac-aion-to-distribute-ev-in-malaysia/ | Malaysia’s Warisan TC inks deal with China’s GAC AION to distribute EV in Malaysia | 3 | The origin web server timed out responding to this request. |
https://technode.global/2024/01/09/tony-fernandess-global-empire-to-be-broken-up-into-five-listed-companies-utlimately/ | Tony Fernandes’s global empire to be broken up into five listed companies “utlimately” | 3 | Tony Fernandes’s global empire will eventually be broken up into one listed company in the US and four other companies listed in Southeast Asia, the Malaysian tycoon behind low-cost airline AirAsia said on Monday. “We want to build four companies (for the non-aviation business), in the end they’ll probably be broken up... |
https://technode.global/2024/01/09/aeon-bank-gets-nod-to-commence-islamic-digital-bank-business-in-malaysia/ | AEON Bank gets nod to commence Islamic digital bank business in Malaysia | 3 | AEON Credit Service (M) Berhad (AEON Credit) This positions AEON Bank as the first Islamic digital bank in Malaysia, AEON Credit Service said in a statement. The approval was granted pursuant to BNM’s validation of the Bank’s operational readiness. AEON Bank is also a subsidiary of AEON Financial Service Co. , Ltd. The... |
https://technode.global/2024/01/09/boost-rhb-digital-bank-consortium-gets-approval-to-commence-operations-in-malaysia/ | Boost-RHB Digital Bank Consortium gets approval to commence operations in Malaysia | 3 | BoostThis marks a momentous milestone as the consortium becomes the first primarily Malaysian-owned digital bank to commence operations with a pioneering embedded digital bank app in the local market, designed to meaningfully address financial inclusion gaps for the underserved and unserved, the duo said in a joint sta... |
https://technode.global/2024/01/08/airasia-x-takes-over-capital-as-aviation-business/ | AirAsia X takes over Capital A’s aviation business | 3 | Malaysian aviation group AAX said in a statement that the strategic move positions AAX to become the overarching regional aviation provider for all short and medium-haul routes under the AirAsia brand name. It said this groundbreaking acquisition is expected to provide unparalleled advantages, including a strengthened ... |
https://technode.global/2024/01/08/airasia-aviation-group-strengthens-leadership-team-with-two-executive-appointments/ | AirAsia Aviation Group strengthens leadership team with two executive appointments | 3 | AirAsia Aviation GroupBoth executives will play pivotal roles in shaping the future of the airline group, AirAsia said in a statement on Monday. According to the statement, Voo will lead the airline operations with a focus on optimizing and enhancing efficiencies across core airline functions, as well as identifying an... |
https://technode.global/2024/01/03/khazanah-and-cgc-digital-invest-in-funding-societies-to-broaden-financing-access-to-msmes/ | Khazanah and CGC Digital invest in Funding Societies to broaden financing access to MSMEs | 4 | Khazanah Nasional Berhad (Khazanah)Khazanah said in a statement that with this investment, Funding Societies aims to expand its Malaysian coverage to areas beyond Kuala Lumpur, Selangor, Penang, and Johor. By the end of 2025, it targets to serve more than 25,000 MSMEs across Malaysia, thereby improving micro, small and... |
https://technode.global/2023/12/29/chinese-logistics-services-provider-best-aims-to-open-its-sorting-center-in-2024/ | Chinese logistics services provider BEST to open its sorting center in Malaysia in 2024 | 4 | China-based supply chain and logistics services provider BEST said in a statement on Friday that in addition to build a 220,000-square-meter facility in Malaysia, the company aims to connect Thailand, Vietnam, Singapore and Malaysia in its logistics network, better enabling cross-border express delivery among these cou... |
https://technode.global/2023/12/29/malaysias-gentari-acquires-stake-in-hai-long-offshore-wind-project-in-taiwan/ | Malaysia’s Gentari acquires stake in Hai Long offshore wind project in Taiwan | 4 | Malaysia-based clean energy solutions provider The investment sees Gentari taking a 49 percent stake in Canada-based Northland Power Inc. ’s (Northland) ownership of the project, equivalent to a 29.4 percent indirect equity interest, Gentari said in a statement on Friday. According to the statement, Northland now hold... |
https://technode.global/2023/12/28/southeast-asias-top-10-tech-news-in-2023/ | [Year in review] Southeast Asia’s Top 10 tech news in 2023 | 4 | The year 2023 was rather gloomy for the tech industry in Southeast Asia as compared to last year. The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a so-called “funding winter” for tech startups in the region. In March, it was reported that e-commer... |
https://technode.global/2023/12/27/malaysias-livein-secures-8-3m-in-pre-series-b-funding-to-accelerate-regional-expansion/ | Malaysia’s LiveIn secures $8.3M in pre-Series B funding to accelerate regional expansion | 4 | LiveInThe round was led by Wavemaker Partners and InterVest, with participation from Malaysia Debt Ventures Berhad (MDV), Jungle Ventures, and CAC Capital, LiveIn said in a statement on Wednesday. The firm opined that the latest funding serves as a testament to investors’ unwavering confidence in its trajectory of grow... |
https://technode.global/2023/12/26/corrective-aesthetics-partners-teda-technology-to-tackle-malaysias-rising-mental-health-crisis/ | Corrective Aesthetics partners Teda Technology to tackle Malaysia’s rising mental health crisis | 4 | In response to the escalating mental health crisis in Malaysia, tech firms Corrective Aesthetics Sdn Bhd and Teda Technology Sdn Bhd have announced a groundbreaking collaboration to expand the Remind program, a mobile application that is designed to diagnose users’ mental states through voice recordings. The Remind pro... |
https://technode.global/2023/12/22/malaysias-tnb-partners-sime-darby-to-accelerate-sustainable-township-development-in-malaysia/ | Malaysia’s TNB partners Sime Darby to accelerate sustainable township development in Malaysia | 4 | Malaysian utility firm Sealed through a Memorandum of Understanding (MoU), this partnership marks a significant leap towards advancing Malaysia’s clean energy goals and cementing a commitment to a greener, more sustainable future, TNB said in a statement on Wednesday. As a prominent sustainable energy solution provider... |
https://technode.global/2023/12/22/bursa-malaysia-partners-ram-holdings-to-launch-new-debt-fundraising-platform/ | Bursa Malaysia partners RAM Holdings to launch new debt fundraising platform | 4 | Bursa Malaysia BerhadBursa Malaysia said in a statement that the platform is an alternative fund-raising avenue strategically designed to facilitate listed and unlisted small to mid-sized companies with fundraising needs of at least MYR 5 million ($1.08 milion) and a minimum tenure of one year, to raise funds via the i... |
https://technode.global/2023/12/22/tencent-cloud-unveils-latest-ai-solutions-in-malaysia/ | Tencent Cloud unveils latest AI solutions in Malaysia | 4 | Tencent CloudTencent Cloud said in a statement on Thursday that the move solidifies the company’s commitment to driving innovation in the industry. According to the statement, Tencent Cloud has long-standing experience in developing and adopting AI technologies, which have an immense potential to enhance productivity, ... |
https://technode.global/2023/12/20/tnglobals-top-10-most-read-news-articles-in-2023/ | TNGlobal’s Top 10 most-read news articles in 2023 | 4 | The year of 2023 has generally looked less rosy with more uncertainties as compared to 2022 as economic growth slowed down in many parts of the world. The baseline forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average o... |
https://technode.global/2023/12/19/ihi-partners-gentari-to-develop-global-green-ammonia-value-chain/ | IHI partners Gentari to develop global green ammonia value chain | 5 | Japanese engineering firm Gentari said in a statement on Monday that IHIand Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Gentari have announced the signing of a memorandum of understanding (MoU) that will see the two parties deepening their collaboration to further develop the hydrogen industry. Under this Mo... |
https://technode.global/2023/12/18/jcb-idemia-and-soft-space-launch-jcbdc-phase-2-pilot-to-trial-cbdc-offline-p2p-payments/ | JCB, IDEMIA and Soft Space launch “JCBDC” phase 2 pilot to trial CBDC offline P2P payments | 5 | Japan’s international payment brand The trio said in a recent statement that in phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a central bank digital currency (CBDC) payment solution, enabling merchants to accept CBDC without the need to modify their point of sale (POS) terminals and payment cards.... |
https://technode.global/2023/12/15/ey-over-half-of-malaysian-employees-feel-generative-ai-will-positively-impact-their-work/ | EY: over half of Malaysian employees feel generative AI will positively impact their work | 5 | More than half (63 percent) of employees in Malaysia anticipate that generative artificial intelligence (GenAI) will improve their way of working flexibly, exceeding the global average of 48 percent, According to the EY 2023 Work Reimagined Survey, 70 percent (global 49 percent) of them noted that they are either curre... |
https://technode.global/2023/12/14/standard-chartered-17b-in-retail-investor-capital-could-be-mobilized-to-combat-climate-change-in-malaysia/ | Standard Chartered: $17B in retail investor capital could be mobilized to combat climate change in Malaysia | 5 | Standard CharteredThe bank said in a statement on Thursday that within climate investing in Malaysia, $9 billion could flow into mitigation themes – renewables, energy efficiency and storage are set to attract the most capital. Meanwhile, $8 billion could be mobilized towards adaptation including resilient infrastructu... |
https://technode.global/2023/12/14/careplus-partners-goauto-to-set-up-ev-plant-in-malaysia/ | Careplus partners GoAuto to set up EV plant in Malaysia | 5 | Malaysia-based glovemakerCareplus said in a statement on Thursday that the duo are exploring areas related to the EV industry. According to the statement, a collaboration has been agreed between the two parties in the importation and distribution of the NETA electric car, and assembly of multi-model new energy vehicles... |
https://technode.global/2023/12/13/securities-commission-malaysia-introduces-accelerated-transfer-of-listing-from-ace-market-to-main-market-for-eligible-companies/ | Securities Commission Malaysia introduces accelerated transfer of listing from ACE Market to Main Market for eligible companies | 5 | The The framework will take effect on January 1, 2024 through amendments to the Equity Guidelines, SC said in a statement. According to the statement, the accelerated transfer of listing is part of a slew of capital market measures introduced by the SC to improve stock market vibrancy and reduce market friction. The SC... |
https://technode.global/2023/12/11/drb-hicom-geely-form-joint-venture-to-develop-the-automotive-hi-tech-valley-in-malaysia/ | DRB-Hicom, Geely form joint venture to develop the Automotive Hi-Tech Valley in Malaysia | 5 | Malaysia-based conglomerate DRB-Hicom said in a statement on Monday that this follows the recent master collaboration agreement signed in October 2023, which had set forth the underlying principles, governance framework, and mutual commitment for the AHTV project. The joint venture agreement outlines the key principles... |
https://technode.global/2023/12/10/zetrix-and-beitou-launch-digital-id-and-drivers-license-services-on-blockchain/ | Zetrix and Beitou launch digital ID and driver’s license services on blockchain | 5 | Zetrix, a layer 1 public blockchain platform of Malaysia-based MY E. G. said in a statement that this innovative solution addresses the challenges of traditional paper-based credentials, offering a range of benefits that will transform the way individuals, organizations, and governments interact in the digital realm. T... |
https://technode.global/2023/12/08/ytl-partners-nvidia-to-build-ai-infrastructure-in-malaysia/ | YTL partners NVIDIA to build AI infrastructure in Malaysia | 5 | Malaysian utility firm YTL said in a statement that the firm will deploy NVIDIA H100 Tensor Core GPUs, which power today’s most advanced AI data centers, and use NVIDIA AI Enterprise software to streamline production AI. It is noted that NVIDIA AI Enterprise includes NVIDIA NeMo, an end-to-end, cloud-native framework f... |
https://technode.global/2023/12/08/asean-reinsurance-working-committee-inks-mou-to-establish-asean-renewable-energy-pool/ | ASEAN Reinsurance Working Committee inks MOU to establish ASEAN renewable energy pool | 5 | The The ideation on the formation of AREP was initially proposed by Malaysian Reinsurance Berhad （Malaysian Re), Chair of the ARWC for the 2021-2022 term, during the 4th ARWC meeting on October 15, 2021 as a facility or pool to support the ASEAN governments’ renewable energy policies, Malaysian Re said in a statement o... |
https://technode.global/2023/12/08/wwf-bcg-and-think-city-launch-regional-initiative-for-nature-based-solutions-climate-analytics-and-ai/ | WWF, BCG, and Think City launch regional initiative for nature-based solutions, climate analytics and AI | 6 | The World Wide Fund for Nature (WWF)The trio said in a statement on Wednesday that SEACAR Alliance is a regional initiative that aims to emphasize the importance of nature-based solutions (NbS), climate analytics and artificial intelligence (AI) in advancing the resilience of cities and communities across six key theme... |
https://technode.global/2023/12/08/gentari-plans-to-team-up-with-mercedes-benz-malaysia-to-drive-ev-ecosystem-growth/ | Gentari plans to team up with Mercedes-Benz Malaysia to drive EV ecosystem growth | 6 | Gentari Sdn BhdGentari said in a statement on Thursday the duo will be exploring the potential development of EV charging infrastructure, along with value-added services, such as tailored charging subscription plans, that will enhance the customer experience of Mercedes-Benz EV owners. According to the statement, the p... |
https://technode.global/2023/12/07/securities-commission-malaysia-to-introduce-streamlined-transfer-of-listing-to-encourage-more-exit-options/ | SC Malaysia to introduce streamlined transfer of listing to encourage more exit options | 6 | The Securities Commission Malaysia (SC) is looking to introduce a streamlined automatic transfer mechanism that will enable qualifying ACE Market companies to transfer to the Main Market beginning next year in a bid to encourage more exit options in the public market space, said its chairman Awang Adek Hussin. “Details... |
https://technode.global/2023/12/06/malaysias-tnb-unveils-vision-for-sustainable-energy-future-and-collaboration/ | Malaysia’s TNB unveils vision for sustainable energy future and collaboration | 6 | Malaysia’s utility firm TNB President and Chief Executive Officer Baharin Din said during his keynote address at the 24th Conference of the Electricity Power Supply Industry (CEPSI) held recently in China that TNB is currently finalizing partnerships and conducting feasibility studies for the development of Renewable E... |
https://technode.global/2023/12/06/malaysia-launches-sustainable-energy-development-prospectus-paper-to-advance-energy-transition/ | Malaysia launches Sustainable Energy Development prospectus paper to advance energy transition | 6 | Malaysia has on Tuesday launched the Sustainable Energy Development prospectus in an effort to showcase Malaysia’s strategic intent in “Advancing Just Energy Transition” at the 28th Conference of the Parties to the UNFCC (COP28) at Dubai Expo City, emphasizing its commitment to climate action on a global stage. The pro... |
https://technode.global/2023/12/05/bursa-carbon-exchange-inks-deals-with-sarawak-energy-hydropower-sustainability-alliance-i-rec-for-renewable-energy-certificates/ | Bursa Carbon Exchange inks deals with Sarawak Energy, Hydropower Sustainability Alliance, I-REC for renewable energy certificates | 6 | Bursa Carbon Exchange (BCX)The four-way MOC brings together a collaboration between Malaysian and international organizations in paving the way for the offering of renewable energy certificates (RECs) on Bursa Carbon Exchange, Malaysia’s voluntary carbon market exchange, according to their statement. Sarawak Energy is... |
https://technode.global/2023/12/05/ocbc-partners-fintech-firm-moby-to-provide-more-payment-collection-options-for-micro-merchants/ | OCBC partners fintech firm MOBY to provide more payment collection options for micro merchants | 6 | OCBC Bank (Malaysia) Berhad (OCBC Bank)With this, merchants are now able to accept credit and debit card payments through their mobile phones with the SmartPay solution, OCBC Bank said in a statement on Tuesday. In addition, small and micro merchants who register with MOBY will be able to offer an array of payment opti... |
https://technode.global/2023/12/05/bursa-carbon-exchange-inks-deal-with-gold-standard-to-grow-malaysias-voluntary-carbon-market/ | Bursa Carbon Exchange inks deal with Gold Standard to grow Malaysia’s voluntary carbon market | 6 | Bursa Carbon Exchange (BCX)The duo said in a joint statement that the MOU will enable BCX, the world’s first Shariah-compliant carbon exchange, to enhance the offerings on the carbon exchange and increase the knowledge of its ecosystem players in areas such as the process of registering a carbon project, to the operati... |
https://technode.global/2023/12/05/malaysian-stock-exchange-to-launch-platform-for-mandatory-esg-reporting/ | Malaysian Stock Exchange to launch platform for mandatory ESG reporting | 6 | Bursa Malaysia Securities Berhad (Bursa Malaysia)The firm said in a statement that this platform will act as a repository for disclosures conforming to the prescribed format mandated under Bursa Malaysia’s enhanced sustainability reporting requirements within the main market listing requirements and ACE market listing ... |
https://technode.global/2023/12/04/malaysia-science-ministry-to-present-full-framework-for-ai-code-of-ethics-in-1q-2024-report/ | Malaysia Science Ministry to present full framework for AI code of ethics in 1Q 2024 – report | 6 | The Ministry of Science, Technology and Innovation (Mosti) in Malaysia is expected to present a comprehensive framework related to the code of ethics for artificial intelligence (AI) in the first quarter of next year, national news agency Its minister, Chang Lih Kang, said the presentation aimed at detailing the guidel... |
https://technode.global/2023/12/04/malaysian-central-bank-world-bank-announce-initiatives-to-enable-financial-sector-to-support-nature-positive-outcomes/ | Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes | 7 | Bank Negara Malaysia (BNM)BNM said in a statement on Sunday that the two initiatives are financial risks assessment guide for Malaysian financial institutions and businesses to assess nature-related risks and impacts; as well as private capital mobilization for nature-based solutions. According to the statement, the ri... |
https://technode.global/2023/12/04/malaysian-agritech-startup-qarbotech-lands-700000-seed-funding/ | Malaysian agritech startup Qarbotech lands $700,000 seed funding | 7 | QarbotechThe round was led by multi-stage venture capital firm, 500 Global, and includes innovation grants from the Temasek Foundation for winning the Climate Impact Innovations Challenge 2023, and Khazanah Nasional’s Dana Impak for winning the Khazanah Impact Innovation Challenge (KIIC) 2023, Qarbotech said in a state... |
https://technode.global/2023/12/04/axiata-concludes-sale-of-ncell-exits-nepal/ | Axiata concludes sale of Ncell, exits Nepal | 7 | Malaysian multinational telecommunications conglomerate Axiata said in a statement last Friday that the group’s decision to withdraw from Nepal is based on a thorough evaluation of the prevailing business environment in Nepal, which led to the conclusion that continuing operations under the current conditions of unfair... |
https://technode.global/2023/12/01/five-telcos-take-up-70-stake-in-digital-nasional-berhad/ | Five telcos take up 70% stake in Digital Nasional Berhad | 7 | Five Mobile Network Operators (MNOs) have on Friday executed share subscription agreements (SSAs) to take up 70 percent equity stakes in DNB said in a statement that the five telcos are CelcomDigi Berhad (CelcomDigi) through Infranation Sdn Bhd, Maxis Broadband Sdn Bhd (Maxis), U Mobile Sdn Bhd (U Mobile), Telekom Mala... |
https://technode.global/2023/12/01/capital-as-airasia-move-quarterly-revenue-up-68-percent-on-year-to-36-59-million/ | Capital A’s airasia MOVE quarterly revenue up 68 percent on year to $36.59 million | 7 | Airasia MOVE, the travel, lifestyle and financial digital platform of Malaysia-based Capital A said in a statement on Thursday that the unit also posted an aarnings before interest, taxes, depreciation, and amortization (EBITDA) of MYR 11.7 million ($2.5m), primarily driven by travel (flights and hotels) and rides segm... |
https://technode.global/2023/12/01/dbs-provides-kwap-green-loan-to-expand-sustainability-footprint-in-australia/ | DBS provides KWAP green loan to expand sustainability footprint in Australia | 7 | Development Bank of Singapore (DBS)DBS said in a statement on Tuesday that this is the first green loan that KWAP has secured to expand its environmental, social, and corporate governance (ESG) footprint in Australia. Wholly owned by KWAP, the 17-level office building located in Collins Street, Melbourne, holds a 6 Sta... |
https://technode.global/2023/11/30/grab-backed-gxbank-official-open-to-malaysians/ | Grab-backed GXBank officially open to Malaysians | 7 | Grab-backed digital bank Looking ahead, GXBank will progressively be rolling out additional features which will also include their debit card – GX card and how its various features will benefit Malaysians, GXBank said in a statement on Thursday. “Since we commenced operations in September 2023, we have tested our app t... |
https://technode.global/2023/11/30/malaysias-cradle-fund-appoints-of-norman-matthieu-vanhaecke-as-group-ceo/ | Malaysia’s Cradle Fund appoints Norman Matthieu Vanhaecke as Group CEO | 7 | The Board of Cradle said in a statement on Tuesday that born of Malay and Belgian descent, Norman has been the acting GCEO of Cradle since June 1, 2022. Prior to joining Cradle in 2020 and initially serving as its Head of Finance and Corporate Services, he began his professional career as an auditor at KPMG and has sin... |
https://technode.global/2023/11/29/funding-societies-partners-halal-development-corporation-berhad-to-enhance-financing-access-to-halal-smes/ | Funding Societies partners Halal Development Corporation to enhance financing access to halal SMEs | 7 | Singapore-based digital finance platform Funding Societies has partnered with Funding Societies said in a statement on Wednesday that the collaboration aims to offer halal businesses access to Shariah-compliant digital financing facilities, enhancing the development of the halal ecosystem. According to the statement, t... |
https://technode.global/2023/11/29/catcha-digital-acquires-51-percent-interest-in-digital-agency-digital-symphony-for-4-55m/ | Catcha Digital acquires 51 percent interest in digital agency Digital Symphony for $4.55M | 7 | Malaysia-based digital media firm 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 statement, the acquisition is expected to materially increase Catcha Digital’s earnings per share. “If the proposed acquisition materializes, thi... |
https://technode.global/2023/11/28/mranti-supports-191-malaysian-innovators-to-accelerate-since-2020/ | MRANTI supports 191 Malaysian innovators to accelerate since 2020 | 8 | The MRANTI said in a statement on Tuesday that a rapidly growing number of local innovators are getting a boost from the MRANTI in advancing their research and development (R&D) and entering new markets especially in the last 12 months. According to the statement, in 2023, the National Technology and Innovation Sandbox... |
https://technode.global/2023/11/28/malaysias-airo-enters-into-the-fintech-with-actively-managed-digital-investment-platform/ | Malaysia’s Airo enters fintech as actively managed digital investment platform | 8 | AiroAiro said in a statement on Tuesday that its algorithm-driven system uses an active investment strategy to identify key investment opportunities, while monitoring portfolio risk and returns by tracking overall market dynamics. According to Airo, almost 73 percent of Malaysians aged 18 to 40 years old admit to being... |
https://technode.global/2023/11/27/malaysia-brunei-collaborate-to-advance-capability-capacity-building-on-sustainability-in-the-marketplace/ | Malaysian Stock Exchange, United Nations Global Compact collaborate to advance capability, capacity building on sustainability in the marketplace | 8 | Bursa Malaysia Berhad Bursa Malaysia said in a statement on Monday that under the memorandum of collaboration, both parties will explore several initiatives including developing sustainability-related programs or certifications that will support the upskilling of sustainability practitioners of public listed companies ... |
https://technode.global/2023/11/27/malaysias-redtone-offers-starlink-satellite-broadband-services-to-government-and-enterprise-customers/ | Malaysia’s REDtone offers Starlink satellite broadband services to government and enterprise customers | 8 | Malaysia-based integrated telecommunications and digital infrastructure services provider REDtone said in a statement on Monday that with its team of more than 150 dedicated engineers across the country, it can quickly deploy Starlink’s broadband services to users in remote locations as well as areas with geographical ... |
https://technode.global/2023/11/27/startup-week-malaysia-to-be-held-from-dec-1-9/ | Startup Week Malaysia to be held from Dec 1 – 9 | 8 | Editor’s note: Startup Week MalaysiaHosted by a coalition of startup organizations, including Female Founders in Malaysia, Nextupasia, Asia School of Business, and Cradle — each known for their significant contributions to Malaysia’s entrepreneurial landscape — this event promises to be a cornerstone for startup founde... |
https://technode.global/2023/11/23/malaysias-tnb-partners-perak-state-government-to-drive-large-scale-renewable-energy-initiatives/ | Malaysia’s TNB partners Perak state government to drive large-scale renewable energy initiatives | 8 | Malaysian utility firm TNB said in a statement on Thursday that the firm is in another significant step to drive large-scale RE in line with the country’s National Energy Transition Roadmap (NETR). It said the firm is cooperating with the state government of Perak to explore the vast potential of floating solar systems... |
https://technode.global/2023/11/23/vietnams-akabot-expands-its-reach-into-malaysia/ | Vietnam’s akaBot expands its reach into Malaysia | 8 | AkaBotThe company said in a statement on Thursday that it will offer Malaysian businesses in finance, banking, retail, and manufacturing a range of holistic solutions for automation and digitization, enhancing overall productivity and cost savings. According to the statement, Malaysia is witnessing a surge in the deman... |
https://technode.global/2023/11/21/smart-malaysia-launches-all-new-gen-ev-smart-1/ | Smart Malaysia launches all-new gen EV smart #1 | 8 | Smart Malaysia, a unit of Chinese automaker Geely, has on Tuesday announced the official pricing for its all-new electric vehicle (EV), the smart #1. Smart Malaysia said in a statement that the prices of the smart #1 Pro, Premium and BRABUS are ranged from MYR 189,000 ($40,619) to MYR 249,000 ($53,514). According to th... |
https://technode.global/2023/11/17/malaysia-and-singapore-launch-cross-border-real-time-payment-systems-connectivity/ | Malaysia and Singapore launch cross-border real-time payment systems connectivity | 8 | Malaysian central bank The duo said in a joint statement on Friday that the initiative follows the QR payment linkage announced on March 31 which enabled cross-border QR payments to merchants. According to the statement, the DuitNow-PayNow linkage enables instant, secure and cost-effective peer to peer (P2P) fund trans... |
https://technode.global/2023/11/17/malaysias-unicorn-carsome-cutting-hundreds-of-jobs-to-reach-profit-report/ | Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report | 8 | Malaysia’s first tech unicorn Quoting people familiar with the matter, The company has scaled down its operations significantly in those two markets, which it entered in 2017, the people added. It has about 4,000 employees. Carsome delayed its dual listing plans in Singapore and the US scheduled for last year on concer... |
https://technode.global/2023/11/16/deloitte-southeast-asia-raises-about-5-5-billion-year-to-date-the-lowest-in-eight-years/ | Deloitte: Southeast Asia raises about $5.5 billion year to date, the lowest in eight years | 9 | Southeast Asia has raised approximately $5.5 billion via initial public offering (IPO) in the first 10.5 months of 2023, the lowest in eight years, Deloitte said in a statement that the total IPO raised down from $7.6 billion in 2022. Meanwhile, the IPO amount for the first 10.5 months of 2023 stands at 153, also down ... |
https://technode.global/2023/11/16/myeg-and-yayasan-chow-kit-join-hands-to-prepare-youth-for-the-web3-era/ | MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era | 9 | MY E. G. Services Berhad (MYEG)MYEG said in a statement on Tuesday that in collaboration with YCK, the firm conducted a Digital Literacy Workshop for youth aged 13-17 years old, aimed at empowering them with essential digital skills and basic artificial intelligence (AI) knowledge. According to the statement, the works... |
https://technode.global/2023/11/16/us-silicon-battery-company-enovix-builds-1-2b-high-volume-manufacturing-facility-in-malaysia/ | US silicon battery company Enovix builds $1.2B high-volume manufacturing facility in Malaysia | 9 | Enovix CorporationThis marks a significant milestone in the company’s global expansion strategy, Enovix said in a statement on Wednesday. Further to the initial announcement in August 2023, Enovix said the firm will invest over a period of 15 years, which includes the first manufacturing line amounting to MYR 315 milli... |
https://technode.global/2023/11/16/malaysian-government-and-google-announce-strategic-collaboration/ | Malaysian government and Google announce strategic collaboration | 9 | The government of Malaysia and global tech giant Google said in a statement that the collaboration brings both parties together to help businesses of all sizes advance their digital competitiveness through skilling programs, investment in digital infrastructure, responsible artificial intelligence (AI) innovation, and ... |
https://technode.global/2023/11/15/asahi-kasei-gentari-and-jgc-team-up-for-green-hydrogen-production-in-malaysia/ | Asahi Kasei, Gentari, and JGC team up for green hydrogen production in Malaysia | 9 | Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Petronas’ clean energy arm Gentari said in a statement on Wednesday that the parties also signed a memorandum of understanding (MOU) for a front-end engineering design (FEED) study for the said project. According to the statement, this project is supported by the G... |
https://technode.global/2023/11/14/malaysias-iskandar-investment-berhad-launches-net-zero-carbon-central-business-district/ | Malaysia’s Iskandar Investment Berhad launches Net Zero Carbon Central Business District | 9 | Malaysia-based IIB said in a statement on Tuesday that the Net Zero Carbon CBD is aimed at solidifying IIB’s leadership in establishing the first net zero carbon CBD in the ASEAN region. According to the statement, by 2030, IIB is looking to achieve a target investment of MYR 9 billion ($1.91 billion). This number is e... |
https://technode.global/2023/11/14/malaysias-yinson-greentech-completes-construction-of-the-hydroglyder-prototype/ | Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype | 9 | Malaysia-based energy firm Yinson Holdings Berhad (Yinson)’s green technologies business unit The vessel is to provide the crew transfer services within the Singapore harbor craft segment that is fully built and integrated in Malaysia, YGT said in a statement on Monday. According to the statement, the Hydroglyder is eq... |
https://technode.global/2023/11/14/malaysias-sme-corp-allocates-1-27m-to-bumiputera-youth-entrepreneurs/ | Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs | 9 | SME Corporation Malaysia (SME Corp. Malaysia)Funding Societies said in a statement on Tuesday that the funding which is under the newly launched program, Bumiputera micro, small and medium-sized enterprises (MSMEs) Financing Initiative (BMFI), is aimed at enhancing access to financing for MSMEs who participated in SME ... |
https://technode.global/2023/11/14/jcorp-invests-1-74-million-into-singapore-based-agritech-firm-archisen/ | Malaysia’s JCorp invests $1.74 million into Singapore-based agritech firm Archisen | 9 | Malaysia-based state investment firm The duo said in statement on Tuesday that FarmByte, a digital-first agrofood company within the JCorp, has signed a heads of agreement (HOA) with Archisen, proposing the FarmByte investment into Archisen and the establishment of an automated vertical indoor farm through a joint vent... |
https://technode.global/2023/11/14/grab-backed-gxbank-unveils-beta-bank-app/ | Grab-backed GXBank unveils beta bank app | 9 | GX Bank Berhad (GXBank)This comes after successfully testing the beta app amongst employees of the bank and partners, GXBank said in a statement on Tuesday. As the first digital bank to commence operations in Malaysia, the GXBank App boasts a clean and easy navigation interface with key safety functions to secure users... |
https://technode.global/2023/11/09/mranti-opens-autonomous-vehicle-experimental-lab-to-accelerate-malaysias-mobility-sector-development/ | MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development | 10 | Malaysian Research Accelerator for Technology & Innovation (MRANTI)MRANTI said in a statement that MRANTI AV XL is a center of excellence for testing and research in AVs and next-generation vehicles (NxGVs) designed to accelerate the development of Malaysia’s mobility sector. Following discussion with industry, governm... |
https://technode.global/2023/11/09/analyst-sees-challenges-for-malaysia-to-embrace-electric-vehicles/ | Analyst sees challenges for Malaysia to embrace electric vehicles | 10 | Malaysian analyst The research house said in a report on Wednesday that the rollout of the EV infrastructure in Malaysia and for Malaysia to become a suitable EV investment destination are still facing several challenges. In terms of EV infrastructure, it said that the government’s target of achieving the 10,000 chargi... |
https://technode.global/2023/11/08/carsome-appoints-miguel-fernandez-as-cfo/ | Carsome appoints Miguel Fernandez as CFO | 10 | Southeast Asia’s largest integrated car e-Commerce platform Carsome said in a statement that Fernandez will report directly to Carsome’s Chairman and Group Chief Executive Officer, Eric Cheng. Fernandez succeeds Juliet Zhu, who will remain in her role as Group President. According to the statement, Fernandez’s extensiv... |
https://technode.global/2023/11/08/malaysias-maybank-expands-cross-border-services-to-china-boosts-asean-financial-integration/ | Malaysia’s Maybank expands cross-border services to China; boosts ASEAN financial integration | 10 | Malaysian lender Maybank said in a statement that this initiative aims to benefit over eight million Maybank MAE app users visiting China as well as more than 700,000 Maybank QRPay merchants in Malaysia via transactions made by visitors from China. Earlier in 2023, Maybank launched the cross-border QR Pay feature made ... |
https://technode.global/2023/11/08/malaysias-paynet-partners-chinas-ant-group-for-cross-border-digital-payments/ | Malaysia’s PayNet partners China’s Ant Group for cross-border digital payments | 10 | Malaysia’s payments firm Effective 31 October 2023, travellers with the eight Alipay+ supported wallets can expect the convenience of travelling cashless to Malaysia and make digital payments by simply scanning PayNet’s DuitNow QR at its network of over 1.8 million merchants touchpoints throughout the country, The duo ... |
https://technode.global/2023/11/08/nefin-and-mydin-team-up-for-carbon-neutral-energy-solutions-in-malaysia/ | NEFIN and MYDIN team up for carbon-neutral energy solutions in Malaysia | 10 | NEFINThe duo said in a statement that the partnership marks the first collaboration in the Southern region, engaging NEFIN to conduct the detailed energy audit (DEA) and to install solar systems boosting the generation and usage of clean energy, showcasing a significant step towards a greener future within the retail i... |
https://technode.global/2023/11/08/malaysias-khazanah-impact-innovation-challenge-2023-unveils-top-3-winners/ | Malaysia’s Khazanah Impact Innovation Challenge 2023 unveils Top three winners | 10 | The Khazanah Impact Innovation Challenge (KIIC) 2023 has concluded its Demo Day on Tuesday, where 15 finalists representing impactful Malaysian businesses pitched for potential equity investments and/or debt funding from Three winners were selected by the KIIC 2023’s panel of judges for having the most innovative and u... |
https://technode.global/2023/11/08/malaysias-tnb-partners-singapores-charge-for-cross-border-ev-charging-platform/ | Malaysia’s TNB partners Singapore’s Charge+ for cross-border EV charging platform | 10 | Tenaga Nasional Berhad (TNB)This platform will effortlessly connect their customers to EV charging points across Malaysia and Singapore, revolutionizing the EV driving experience, TNB said in a statement on Wednesday. The commitment to this innovative partnership was solidified with the exchange of a Memorandum of Unde... |
https://technode.global/2023/11/06/malaysias-tnb-partners-petronas-to-explore-ccs-technology-for-gas-fire-power-plants/ | Malaysia’s TNB partners Petronas to explore CCS technology for gas-fire power plants | 10 | Malaysian utility firm The duo said in a statement on Monday that they have signed a memorandum of understanding (MoU) for the partnership. According to the statement, this collaborative endeavor underscores both parties’ commitment to Malaysia’s National Energy Transition Roadmap (NETR) and aligns with the country’s a... |
https://technode.global/2023/11/06/malaysias-my-e-g-blockchain-unit-zetrix-launches-cross-border-supply-chain-financing-pilot-with-chinese-banks/ | Malaysia’s MY E.G. blockchain unit Zetrix launches cross border supply chain financing pilot with Chinese banks | 10 | Malaysia’s MY E. G. Services blockchain unit Starting with the Bank of China as the first financial institution to be onboarded under the project, the end-to-end solution offers a soft landing for trading firms with fully digital onboarding, including registration of a Chinese legal entity, bank account opening and cre... |
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