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https://technode.global/2023/02/03/southeast-asias-used-motorcycle-platform-imotorbike-targets-20m-revenue-in-2023/ | Southeast Asia’s used motorcycle platform iMotorbike targets $20M revenue in 2023 | 41 | Southeast Asia’s used motorcycle platform “We clocked $2.5 million (MYR10.5 million) revenue – in 2022. We are gross profitable at every single motorbike sold,” its Chief Executive Officer and Co-Founder Gil Carmo told According to him, iMotorbike has seen a 20 percent increase in quarterly sales in the pre-loved motor... |
https://technode.global/2023/02/02/gobi-partners-onboards-malaysian-startups-durioo-lapasar-paywatch-and-pitchin-to-the-gobi-superseed-ii-fund/ | Gobi Partners onboards Malaysian startups Durioo+, Lapasar, Paywatch and pitchIN to the Gobi Superseed II Fund | 41 | Gobi PartnersGobi said in a statement that the four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and online investing platform pitchIN. All four companies have been identified as leaders in their respective fields and have the c... |
https://technode.global/2023/02/01/malaysias-wellous-appoints-lee-koon-tan-as-group-president/ | Malaysia’s Wellous appoints Lee Koon Tan as group president | 41 | Wellous Group LimitedWellous said in a statement that it has appointed Lee Koon Tan as the group’s president. According to the statement, Tan brings decades of experience as a corporate leader. In this role, Tan will oversee and drive the company’s transformational initiatives and expansion plans. He is responsible for... |
https://technode.global/2023/01/30/shopees-parent-firm-sea-to-increase-investment-in-malaysia/ | Shopee’s parent firm Sea to increase investment in Malaysia | 41 | Sea LtdThe Ministry of International Trade and Industry (MITI) of Malaysia said in a statement that Sea’s proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse. The cloud computing project will be located in a three-s... |
https://technode.global/2023/01/26/whyq-secures-1-08m-in-extended-series-a2-funding-round-led-by-kairos-capital/ | WhyQ secures $1.08M in extended Series A2 funding round led by Kairos Capital | 41 | WhyQThe extended round was led by the Kairos FoodTech Fund of Kairos Capital Group, WhyQ said in a statement. The initial Series A2 round of MYR11.8 million ($2.78 million) closed in 2021 and included Delivery Hero, Chope, Angel Central, and RB Investments. With this additional funding from the extended Series A2 Round... |
https://technode.global/2023/01/20/mystartup-dnb-announce-winners-for-mystartup-hackathon-2022/ | MYStartup, DNB announce winners for MYStartup Hackathon 2022 | 41 | MYStartup, a Malaysian government initiative powered by Cradle Fund Sdn Bhd. (Cradle), in partnership with Digital Nasional Berhad (DNB), has on Wednesday announced the winners for the recently concluded MYStartup Hackathon 2022. This year’s Hackathon saw DNB issuing three problem statements which participants were the... |
https://technode.global/2023/01/18/touch-n-go-partners-visa-to-launch-touch-n-go-visa-prepaid-card-in-malaysia/ | Touch ‘n Go partners Visa to launch Touch ‘n Go Visa prepaid card in Malaysia | 41 | Touch ‘n Go GroupTouch ‘n Go said in a statement on Wednesday that the Touch ‘n Go eWallet’s CSR-linked Visa card is the first numberless card in Malaysia, providing stronger privacy with enhanced card security controls. With this card acting as a complementary payment channel to the eWallet, users will be able to make... |
https://technode.global/2023/01/13/thailand-e-wallet-provider-truemoney-enters-malaysia/ | Thailand e-wallet provider TrueMoney enters Malaysia | 41 | TrueMoneyWith a focus on providing a seamless payment solution in the digital age, TrueMoney is now the official payment provider for all of Lotus’s locations across the country, TrueMoney said in a statement. With TrueMoney’s hassle-free e-wallet and contactless QR Code payments, Lotus’s customers can now make prepaid... |
https://technode.global/2023/01/12/malaysias-carsome-strengthens-cooperation-with-indonesia/ | Malaysia’s Carsome bolsters Indonesian operations via Electrum partnership and Nusantara expansion | 41 | Malaysia-based integrated car e-commerce platform Carsome said in a statement on Tuesday that it is joining forces with Indonesia-based Electrum to further accelerate two-wheeler electric vehicle (EV) adoption in response to growing local demand for sustainable and economical transportation. The partnership aims to con... |
https://technode.global/2023/01/12/mystartup-partners-dnb-to-solve-corporate-problems-through-mystartup-hackathon-2022/ | MYStartup partners DNB to solve corporate problems through MYStartup Hackathon 2022 | 41 | MYStartupThe joint hackathon is envisioned to bring technological advancements within the problem-solving space of corporates and commercial industries to encourage ideation activities between corporations, emerging startups, and public tech teams, MYStartup said in a statement on Thursday. Paving the way for future co... |
https://technode.global/2023/01/11/solarvest-borneo-inks-mou-with-centexs-and-huawei-malaysia-to-develop-green-energy-lab/ | Solarvest Borneo inks MOU with CENTEXS and Huawei Malaysia to develop green energy lab | 42 | Solarvest Borneo Sdn Bhd, a subsidiary of Malaysian clean energy firm The lab will provide green energy-related learning programme involving solar, green mobility, battery storage systems, as well as green hydrogen, Solarvest said in a statement. According to the statement, the learning and talent partnership is intend... |
https://technode.global/2023/01/11/touch-n-go-ewallet-partners-fave-to-offer-cashback-to-ewallet-users-in-malaysia/ | Touch ‘n Go eWallet partners Fave to offer cashback to eWallet users in Malaysia | 42 | FaveThrough the partnership with Fave, Touch ‘n Go eWallet users can now scan any Fave DuitNow QR, and earn up to 15 percent cashback across 17,000 food and beverage (F&B) outlets and retailers, both parties said in a statement. Participating outlets include Subway, Auntie Anne’s, San Francisco Coffee, Puma, Clarks and... |
https://technode.global/2023/01/10/malaysias-bintai-kinden-ventures-into-digital-assets/ | Malaysia’s Bintai Kinden ventures into digital assets | 42 | Bintai Kinden Corporation BerhadBintai Kinden said in a statement that the venture through its wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) is part of the company’s treasury management while taking into consideration longer-term needs in business expansion. As part of this initiative and to take into considera... |
https://technode.global/2023/01/10/malaysias-incite-foodtech-acquires-eatcosys-to-create-aseans-retail-tech-ecosystem/ | Malaysia’s Incite Foodtech acquires Eatcosys to create ASEAN’S retail tech ecosystem | 42 | Incite Foodtech Sdn Bhd“The acquisition will enable us to advance our ambition of building a comprehensive, unified retail tech ecosystem in ASEAN region, which comprises consumer tech, retail marketing solutions, retail tech solutions and fintech services,” Incite Foodtech Chief Executive Officer Karen S Puah said in ... |
https://technode.global/2023/01/09/malaysias-penjana-kapital-partners-ac-ventures-indies-capital-partners-for-cross-border-investments-and-technology-transfer/ | Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer | 42 | Malaysia’s In a statement, the trio said the memorandum establishes a framework for Penjana Kapital, Indies Capital Partners, and AC Ventures to explore co-investment opportunities in Malaysia-Indonesia growth companies through existing and soon-to-launch funds. It also solidifies a commitment to facilitating cross-bor... |
https://technode.global/2023/01/09/ushering-into-an-uncertain-2023-heres-what-vcs-experts-think/ | Ushering into an uncertain 2023: here’s what VCs & experts think | 42 | Many are expecting a tough year in 2023, as the three major engines of global growth – the United States, Europe and China – are all experiencing weakening activity. The new year is going to be “tougher than the year we leave behind,” IMF Managing Director Kristalina Georgieva said recently on the CBS Sunday morning ne... |
https://technode.global/2023/01/06/malaysias-worqapp-raises-1m-seed-funds-to-launch-super-app-for-effective-execution/ | Malaysia’s WorqApp raises $1M seed funds to launch super app for effective execution | 42 | WorqApp“In less than one month since the soft launch, we have already customers from Malaysia, Middle East and Europe. WorqApp is a very customer-centric product and we have a goal to help more than 1000 organisations with Effective Execution within the next 3 years,” WorqApp Co-Founder and Chief Executive Officer Hass... |
https://technode.global/2023/01/05/mystartup-accelerator-programme-cohort-2-offer-funding-and-opportunities-for-tech-startups/ | MYStartup Accelerator Program Cohort 2 offer funding and opportunities for tech startups | 42 | MYStartupIn a statement, MYStartup said the Accelerator Program was initiated by the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia to create and nurture successful global Malaysian startups, and is part of Cradle Fund Sdn. Bhd. (Cradle)’s mission to become a world-class startup ecosystem regionally... |
https://technode.global/2022/12/28/technode-globals-top-10-feature-articles-in-2022/ | TechNode Global’s Top 10 feature articles in 2022 | 42 | It’s the time of the year again as we take a look back at what had happened in 2022 in the tech and startup scene, before ushering into 2023. The year 2022 has generally looked less rosy as compared to 2021 as the tech industry is clouded with layoffs and a slowdown in fundraising activities. We have written some analy... |
https://technode.global/2022/12/22/bursa-malaysia-and-ram-collaborate-on-a-new-debt-fundraising-platform/ | Bursa Malaysia and RAM collaborate on a new debt fundraising platform | 42 | Malaysian stock exchange The platform will facilitate listed and unlisted small to mid-sized companies tapping into a new pool of capital outside of traditional wholesale markets, offering a new avenue and greater flexibility to these companies looking to raise funds, both parties said in a statement. According to the ... |
https://technode.global/2022/12/22/berjaya-corp-partners-mnc-group-to-explore-e-money-business-in-malaysia/ | Berjaya Corp partners MNC Group to explore E-Money business in Malaysia | 43 | Malaysia-listed conglomerate Both parties said in a statement on Wednesday that the strategic partnership aims to leverage both BCorp’s and BCAP’s strengths to develop and expand the e-money-related services specifically between Indonesia and Malaysia. “I am excited with the strategic partnership with the MNC Group. We... |
https://technode.global/2022/12/21/malaysias-sersol-ventures-into-electric-scooters-business/ | Malaysia’s Sersol ventures into electric scooters business | 43 | Malaysia-listed coatings business firm Sersol said in a bourse filing on Wednesday that the joint venture companies of Sersol Energy Sdn Bhd, a wholly owned subsidiary of the company, namely Sersol Takuni (M) Sdn. Bhd. , Sersol Takuni (Thailand) Co. Ltd. , and PT Sersol Takuni (collectively referred as ST) have entered... |
https://technode.global/2022/12/21/uks-activpayroll-acquires-malaysia-based-payroll-outsourcing-and-employee-mobility-specialist-propay-partners/ | UK’s activpayroll acquires Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners | 43 | United Kingdom-based human resources tech firm Activpayroll said in a statement on Monday that the firm has delivered significant year-on-year growth, growing revenues over the last year by an impressive 27 percent, with the Asia Pacific business proving to be a significant part of that success. It said the acquisition... |
https://technode.global/2022/12/20/malaysias-aerodyne-acquires-controlling-stake-in-brazils-drone-inspection-company-grupo-dr1/ | Malaysia’s Aerodyne acquires controlling stake in Brazil’s drone inspection company Grupo DR1 | 43 | Aerodyne GroupThis strategic investment marks Aerodyne’s entry into Brazil, the largest market in LATAM, Aerodyne said in a statement. The deal also provides Aerodyne with the opportunity to tap into the largest oil and gas drone services market in the said region, which is expected to grow at a compound annual growth ... |
https://technode.global/2022/12/19/mystartup-partners-airasia-academy-to-enable-startup-community-to-learn-and-upskill/ | MYStartup partners airasia academy to enable startup community to learn and upskill | 43 | MYStartupIn a statement, MYStartup said as part of its efforts in building up and strengthening the Malaysian startup ecosystem, major corporations have been identified as strategic partners to ensure the ecosystem’s holistic growth. This latest partnership with airasia academy reaffirms MYStartup’s vision through a sp... |
https://technode.global/2022/12/19/malaysias-ficus-capital-announces-13-58m-fund-to-invest-in-malaysia-and-south-east-asia-growth-startups/ | Malaysia’s Ficus Capital announces $13.58M fund to invest in Malaysia and South East Asia growth startups | 43 | Malaysian based venture capital firm With its flagship MYR 60 million ($13.58 million) fund, Ficus SEA, the world’s first shariah compliant venture capitalist is looking for revolutionary, sustainable and purpose-driven startups that are bringing impact to the environment, social and governance (ESG) in a sustainable w... |
https://technode.global/2022/12/16/ni-hsin-partners-with-sirim-to-set-up-lithium-ion-battery-recycling-plant/ | Ni Hsin partners with SIRIM to set up lithium-ion battery recycling plant | 43 | Malaysia-listedIn a statement, Ni Hsin said its wholly-owned subsidiary Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH) has inked the deal to set up the plant through public-private partnership (PPP) funding model. According to the statement, the SIRIM-Ni Hsin lithium-ion battery recycling pilot plant will be fully operational ... |
https://technode.global/2022/12/16/ni-hsin-partners-vsd-automation-for-ev-motorcycles-distribution/ | Ni Hsin partners VSD Automation for EV motorcycles distribution | 43 | Ni Hsin EV Tech Sdn Bhd (NH EV TECH)Under the BPA, VSD shall act as the distributor for NH EV TECH in the local and international markets, Ni Hsin said in a statement. NH EV TECH shall also work exclusively with VSD in relation to enquiries or tenders from any government departments and government-linked companies on t... |
https://technode.global/2022/12/14/teleport-raises-50m-to-extend-cross-border-delivery-services-in-southeast-asia/ | Teleport raises $50M to extend cross-border delivery services in Southeast Asia | 43 | TeleportIn a statement on Wednesday, Teleport said it will use the funds to induct additional freighters, build critical hubs in Indonesia, the Philippines and Malaysia, and further invest in technology that allows anyone to ‘Teleport It’ in 24 hours across Southeast Asia. Since its inception in 2018, Teleport’s core f... |
https://technode.global/2022/12/14/malaysias-wellous-to-list-on-nasdaq-in-merger-with-malaysia-based-spac-kairous-acquisition/ | Malaysia’s Wellous to list on NASDAQ in merger with Malaysia-based SPAC Kairous Acquisition | 43 | Editor’s note: Updated with additional information on Wellous’ market value upon listing. Wellous Group LtdUpon closing, the combined company will be renamed “Wellous Group Holdings Ltd” (the combined company) and expects to list its ordinary shares on NASDAQ. The combined company is set to have a market value of at le... |
https://technode.global/2022/12/13/capital-a-launches-airasia-gifts-with-south-koreas-coop-marketing-groupon-for-airasia-super-app/ | Capital A launches airasia gifts with South Korea’s COOP Marketing Groupon for airasia super app | 44 | Capital ACapital A said in a statement that it has unveiled its vision of a more community led experience on airasia super app, introducing features such as airasia chat, games and the newly launched airasia gifts – allowing the community of airasia members to connect, play and share. Capital A Chief Executive Officer ... |
https://technode.global/2022/12/09/airasia-launches-new-low-cost-airline-in-cambodia/ | AirAsia launches new low cost airline in Cambodia | 44 | AirAsia Aviation Group Limited (AAAGL), the aviation arm of AirAsia said in a statement that the new airline will further cement AirAsia’s brand in Cambodia and Indochina, providing AirAsia with greater access to its domestic market and most importantly connecting it to the international markets across Asean, North Asi... |
https://technode.global/2022/12/08/cloud-embedded-finance-and-no-code-low-code-expected-to-influence-financial-services-in-malaysia-in-2023/ | Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023 | 44 | Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023, according to annual Partner Predictions report revealed by software as a service (SaaS) cloud banking platform The report noted that the impact of the pandemic will continue to be felt for many years to come and ... |
https://technode.global/2022/12/07/mida-crest-team-up-with-dassault-systemes-to-enhance-cloud-based-collaboration-for-sme/ | MIDA, CREST team up with Dassault Systèmes to enhance cloud-based collaboration for SME | 44 | Malaysian Investment Development Authority (MIDA) The partnership aims to create a steering committee to discuss the scope, requirements, roles and plans in supporting Malaysia’s SMEs in their transformation journey to Industry 4.0, as well as enhancing cloud-based collaboration through adopting world-class Enterprise ... |
https://technode.global/2022/12/06/malaysian-ewa-startup-paywatch-raises-9m-funding-led-by-third-prime/ | Malaysian EWA startup Paywatch raises $9M funding led by Third Prime | 44 | Malaysian earned wage access (EWA) service provider The round also saw participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois Foundation, Paywatch said in a statement. The firm, which currently p... |
https://technode.global/2022/12/06/rpg-commerce-founder-melvin-chee-on-supply-chain-innovations-origin-innovation-awards-qa/ | RPG Commerce Founder Melvin Chee on supply chain innovations [ORIGIN Innovation Awards Q&A] | 44 | In this “Our vision is to build a new generation of consumer brands and be the world’s most consumer-centric products company through internet & supply chain innovation. We want every single household in the world to know and love our brands and hence, we will continue building impactful, thoughtful products and brands... |
https://technode.global/2022/12/02/securities-commission-malaysia-revises-venture-capital-and-private-equity-framework/ | Securities Commission Malaysia revises venture capital and private equity framework | 44 | The The enhanced VC/PE guidelines aimed to foster a more conducive environment and increase the vibrancy of private markets, notably in VC and PE asset classes, SC said in a statement on Tuesday. The SC Chairman Awang Adek Hussin said the enhancement is the latest measure taken by the SC to help provide a diverse range... |
https://technode.global/2022/12/02/87-percent-of-malaysia-consumers-want-a-better-online-experience-from-banking-services-providers-a-survey-shows/ | 87 percent of Malaysia consumers want a better online experience from banking services providers, a survey shows | 44 | Confidence in digital banking is rising in Malaysia but consumers want a better online experience and more personalized offerings, according to the new Asia-Pacific focused Bank of the future survey revealed on Friday from Capco surveyed 999 consumers in Malaysia with a focus on Kuala Lumpur (46 percent of respondents)... |
https://technode.global/2022/12/02/al-rajhi-bank-malaysia-launches-digital-bank/ | Al Rajhi Bank Malaysia launches digital bank | 44 | Al Rajhi Bank Malaysia (ARBM)In a statement on Thursday, ARBM said Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers. “A year ago, we shared ARBM’s vision to build a customer-focused digital bank and our aspiration to become the #1 Islamic in... |
https://technode.global/2022/12/01/fitch-solutions-sees-passenger-ev-sales-in-malaysia-to-expand-rapidly-in-2023/ | Fitch Solutions sees passenger EV sales in Malaysia to expand rapidly in 2023 | 44 | Fitch SolutionsThe research house said in a note that it forecasts passenger EV sales in Malaysia to increase by 45.6 percent in 2023 to reach an annual sales volume of around 4,449 units. It also expects plug- in hybrid electric vehicles (PHEVs) to lose market share in 2023 as the introduction of more battery electric... |
https://technode.global/2022/12/01/hong-kongs-fwd-partners-malaysias-artem-ventures-to-launch-10-22m-fund/ | Hong Kong’s FWD partners Malaysia’s Artem Ventures to launch $10.22M fund | 45 | FWD Group Holdings Limited (FWD Group)“By launching TIM Ventures, we hope to support early-stage entrepreneurs in Malaysia by not just providing them with financing, but also helping to connect them with the networks and expertise they need to succeed,” FWD Managing Director and Group Chief Operating Officer Sim Presto... |
https://technode.global/2022/12/01/carsome-mobility-lab-unveils-five-up-and-rising-stars/ | Carsome Mobility Lab unveils five up-and-rising stars | 45 | Five mobility startups have presented their innovative pilot projects on Wednesday during the In a statement, Carsome said the five companies are Asia Mobiliti Tech (smart mobility solutions), Carmen Automotive (SG) (vehicle data analytics solutions), Moovby (peer to peer car-sharing marketplace), MyBump Media (leading... |
https://technode.global/2022/12/01/uss-equinix-enters-malaysia-with-40m-data-center-investment/ | US digital infrastructure firm Equinix enters Malaysia with $40M data center investment | 45 | EquinixWith an initial investment of approximately $40 million, JH1 is scheduled to begin operations in the first quarter of 2024, providing 500 cabinets and 1,960 square meters of colocation space, Equinix said in a statement. According to the statement, the IBX data center will support Malaysian companies and multina... |
https://technode.global/2022/11/29/policystreet-partners-foodpanda-malaysia-to-digitise-delivery-partners-insurance/ | PolicyStreet partners foodpanda Malaysia to digitise delivery partners’ insurance | 45 | Malaysia-based insurance technology firm Both parties said in a statement on Tuesday that all of foodpanda Malaysia’s delivery partners classified as gig workers nationwide will be enjoying simplified insurance processes as part of PolicyStreet’s commitment to close the insurance protection gap among gig workers. The b... |
https://technode.global/2022/11/25/mystartup-accelerator-programme-cohort-2-opens-for-registration-offering-funding-to-fuel-tech-startups-in-malaysia/ | MYStartup accelerator Program Cohort 2 opens for registration, offering funding to fuel tech startups in Malaysia | 45 | MYStartupMYStartup said in a statement, Cohort 1 graduated with an intimate Demo Day event held on November 4, where the top ten startups pitched their products and services to a panel of investors to secure investment opportunities. The Demo Day concluded with two impressive announcements – six startups that received ... |
https://technode.global/2022/11/25/uk-based-fintech-giant-wise-sees-cross-border-payments-in-malaysia-still-lag-behind-aims-to-close-gap-country-manager-says-qa/ | UK FinTech giant Wise sees cross-border payments in Malaysia still lag behind, aims to close gap [Q&A] | 45 | London Stock Exchange-listed FinTech giant “The domestic payments system in Malaysia has grown by leaps and bounds in the last decade, thanks to innovations in real-time payments infrastructure like ‘DuitNow’ and the emergence of digital-first payment methods like e-wallets,” Wise Malaysia Country Manager Lim Paik Wan ... |
https://technode.global/2022/11/25/malaysian-central-bank-aims-to-issue-up-to-five-dito-licences/ | Malaysian Central Bank aims to issue up to five DITO licences | 45 | Malaysian Central BankBank Negara Malaysia (BNM) said in a statement it aims to finalise the policy document and invite the applications for licence in 2023. It also said up to five licences may be issued to applicants that meet all requirements. The exposure draft outlines the proposed framework to facilitate the entr... |
https://technode.global/2022/11/25/ey-and-microsoft-expand-alliance-to-help-businesses-achieve-net-zero-goals/ | EY and Microsoft expand alliance to help businesses achieve net-zero goals | 45 | The EY said in a statement that through this commitment, EY and Microsoft will address a host of sustainability needs through technology, including improving carbon tracking and reporting, facilitating value chain traceability of carbon, and developing enterprise carbon management solutions that support carbon capture ... |
https://technode.global/2022/11/22/jt-launches-fresh-delivery-service-in-malaysia/ | J&T launches fresh delivery service in Malaysia | 45 | J&T Express MalaysiaIn a statement, the firm said the J&T Fresh Delivery service is an end-to-end delivery of fresh produce from Cameron Highlands to Klang Valley, ensuring that the produce reaches its destination in the shortest time possible. Through the fresh delivery service, J&T Express Malaysia seeks to expand it... |
https://technode.global/2022/11/22/ni-hsin-launches-electric-vehicle-motorcycles-in-malaysia/ | Ni Hsin launches electric vehicle motorcycles in Malaysia | 45 | Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Malaysia-listed In a statement, Ni Hsin said the firm has unveiled two models of its TAILG EV motorcycles in the personal and commercial categories: the TAILG EBIXON BOLD and TAILG EBIXON TORQ. According to the statement, these TAILG EV motorcycles are imported and ... |
https://technode.global/2022/11/21/chinas-xinghuo-bif-appoints-malaysias-myeg-to-own-and-operate-xinghuo-international-supernode/ | China’s Xinghuo BIF appoints Malaysia’s MyEG to own and operate Xinghuo International Supernode | 46 | China’s national blockchain Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) has inked an agreement with Malaysian listed digital services firm The agreement also entails the cross-border adoption and utilisation of the latest decentralised identifier standard (BID) to gradually create the Web3 of China and... |
https://technode.global/2022/11/16/visa-launches-google-wallet-for-visa-cardholders-in-malaysia/ | Visa launches Google wallet for Visa cardholders in Malaysia | 46 | VisaVisa said in a statement that its cardholders from Hong Leong Bank (credit) and Public Bank (credit and debit cards) can now make fast and secure purchases in stores, online, and in apps, and store their Visa cards within Google Wallet. Cardholders of HSBC (credit) and HSBC Amanah (credit) will also be able to add ... |
https://technode.global/2022/11/14/funding-societies-partners-with-proton-to-provide-dealer-financing-for-used-car-dealers/ | Funding Societies partners with Proton to provide dealer financing for used car dealers | 46 | Funding Societies“Demand for personal vehicles saw an increase since the second half of 2020. Underlying this growth are concerns over shared transportation (Covid-19 health crisis) and accommodative government policies during the pandemic, “With Funding Societies’ revolving credit facility, PROTON’s dealers can tap in... |
https://technode.global/2022/11/09/installation-of-10000-ev-charging-points-in-malaysia-on-track-700-ready-according-to-ministry/ | Installation of 10,000 EV charging points in Malaysia on track, 700 ready, according to ministry | 46 | The Malaysia government’s target to install up to 10,000 public charging stations for electric vehicles (EVs) in the country by 2025 under the Low Carbon Mobility Blueprint 2021-2030 is on track, with around 700 charging stations nationwide having been set up so far, according to the Ministry of International Trade and... |
https://technode.global/2022/11/07/touch-n-go-ewallet-expands-cross-border-payment-to-china-in-collaboration-with-alipay/ | Touch ‘n Go eWallet expands cross-border payment to China in collaboration with Alipay | 46 | Touch ‘n Go Group“We are pleased to continue our partnership with Alipay+ on cross-border payment solutions and expand our service territory beyond Singapore, Japan and South Korea,” TNG Digital Sdn Bhd Chief Executive Officer Alan Ni said in a statement. “Touch ‘n Go eWallet is the first Malaysian eWallet which can be... |
https://technode.global/2022/11/07/techmurah-partner-asia-pacific-university-of-technology-innovation-to-nurture-green-tech-youth-entrepreneurs/ | Techmurah partners Asia Pacific University of Technology & Innovation to nurture green tech youth entrepreneurs | 46 | TechmurahTechmurah and APU said in a statement they have signed a memorandum of understanding (MoU) to formalise the collaboration. They said through training programmes, university students will learn about the information technology (IT) gadgets refurbished market and sales-related knowledge. The programmes aim to nu... |
https://technode.global/2022/11/07/ghl-partners-alipay-to-connect-retailers-in-malaysia-with-mobile-first-asian-travelers/ | GHL partners Alipay+ to enable travelers to use mobile e-wallets | 46 | GHL Systems Berhad (GHL)An offering of Ant Group, Alipay+ is designed to enable global businesses, especially small and medium-sized businesses, to accept a wide range of mobile payment methods from various countries and regions, and better serve global consumers through simple technical adaption, GHL said in a statem... |
https://technode.global/2022/11/03/bigpay-launches-into-the-cryptocurrency-space-in-partnership-with-triplea/ | BigPay launches into the cryptocurrency space in partnership with TripleA | 46 | BigPayBigPay said in a statement on Thursday its users can seamlessly convert their crypto assets into cash to spend using their BigPay debit cards, without having to go through the typically tedious verification process. According to the statement, the cryptocurrencies currently accepted for top up are Bitcoin (BTC), ... |
https://technode.global/2022/11/01/datasonic-partners-meta-doers-world-to-explore-opportunities-in-metaverse-related-projects/ | Datasonic partners Meta Doers World to explore opportunities in metaverse-related projects | 46 | Datasonic Group BerhadDatasonic executive chairman Haji Abu Hanifah bin Noordin said in a statement that the collaboration between Datasonic and Meta Doers marks Datasonic’s foray into the metaverse world focusing on education sector and healthcare industry. “Today, we are part of the digitally connected world. With on... |
https://technode.global/2022/10/25/scaleup-malaysia-partners-profiiceo-to-launch-100-soonicorns/ | ScaleUp Malaysia partners Profiiceo to launch 100 Soonicorns | 46 | ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia)In partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital Economy Corporation Sdn Bhd (MDEC), 100 Soonicorns aims to be an impetus to drive Malaysia towards achieving its aspirations to create 5 Unicorns by 2025, ScaleUp Malaysia said in a statement... |
https://technode.global/2022/10/25/whatsapp-down-worldwide-report/ | Whatsapp down worldwide – report | 47 | WhatsApp, a popular messaging platform owned by Meta, is facing a disruption globally with users facing problems in sending and receiving messages. According to several media reports, there is a sharp spike in users reporting the outage on Downdetector, a website that tracks online outages worldwide. Users from around ... |
https://technode.global/2022/10/20/malaysias-k-one-to-conduct-cloud-computing-business-in-vietnam/ | Malaysia’s K-One to conduct cloud computing business in Vietnam | 47 | Malaysian technology solutions provider The firm said in a statement that its wholly-owned subsidiary G-AsiaPacific Sdn Bhd (GAP) had entered into a term sheet with Vietnet Distribution Joint Stock Company (Vietnet) for the joint venture. The proposed joint venture shall operate through a joint venture company under th... |
https://technode.global/2022/10/20/funding-societies-malaysia-appoints-chai-kien-poon-as-malaysia-country-head/ | Funding Societies Malaysia appoints Chai Kien Poon as Malaysia Country Head | 47 | Funding Societies MalaysiaIn his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well asMeanwhile, Wong Kah Meng, Funding Societies Malaysia Co-Founder now assumes a regional role as Group Chief Operating Officer, Funding Societies | Modalku, where he now oversee... |
https://technode.global/2022/10/18/indonesias-unicorn-kenangan-coffee-debuts-in-malaysia-report/ | Indonesia’s unicorn Kopi Kenangan debuts in Malaysia – report | 47 | Indonesian unicorn The coffee chain Co-Founder and Chief Executive Officer Edward Tirtanata said the company’s expansion beyond the Indonesian market started with Malaysia and it would be operating under brand name “Kenangan Coffee” for its international outlet, national news agency Malaysia was chosen as the first cou... |
https://technode.global/2022/10/14/mdec-launches-malaysia-digital-climate-action-pledge-for-digital-economy/ | MDEC launches Malaysia Digital Climate Action Pledge for digital economy | 47 | Malaysia’s lead digital economy agency the MDCAP is jointly developed by the MDEC in partnership with UN Global Compact Network Malaysia & Brunei (UNGCMYB), MDEC said in a statement on Thursday. The first cohort of MDCAP signatories consist of 28 businesses from the digital economy sector. These signatories will have ... |
https://technode.global/2022/10/13/mystartup-pre-accelerator-cohort-2-program-launched-with-38-startups/ | MYStartup Pre-Accelerator Cohort 2 Program launched with 38 startups | 47 | Cradle Fund Sdn Bhd (Cradle)This new batch received a total of 126 applications, and the top 40 early-stage startups selected will undergo a 6-month program training. The MYStartup Pre-Accelerator program is exclusively designed for early-stage startups seeking to validate their ideas and business models. Selected star... |
https://technode.global/2022/10/10/500-global-backed-storehub-to-focus-on-existing-markets-as-it-aims-to-reach-profitability-within-2-years/ | 500 Global-backed StoreHub to focus on existing markets as it aims to reach profitability within two years | 47 | StoreHub“In terms of markets, we are currently focused on localizing our strategies and fortifying our position in the countries we are already in – Malaysia, Philippines, and Thailand – so that we can empower more SMEs to automate and grow successfully,” StoreHub Chief Executive Officer and Co-Founder Wai Hong Fong to... |
https://technode.global/2022/10/07/new-mranti-park-master-plan-will-assist-malaysia-in-facing-industrial-revolution-4-0-says-pm/ | New MRANTI Park Master Plan will assist Malaysia in facing Industrial Revolution 4.0, says PM | 47 | The new MRANTI (Malaysian Research Accelerator for Technology & Innovation) Park Master Plan will spur Malaysia’s capability to face the fourth Industrial Revolution (IR 4.0), according to the country’s Prime Minister Ismail Sabri Yaakob. The master plan focuses on the latest technology, ranging from Internet of Things... |
https://technode.global/2022/10/06/malaysias-carsome-banks-on-digital-banking-to-complement-existing-car-business/ | Malaysia’s Carsome banks on digital banking to complement existing car business | 47 | It came as a surprise when Southeast Asian used car platform While Carsome stayed low-key about its participation in bidding for a digital banking license prior to the central bank’s announcement of winners, financing services have always been on its radar as the Malaysia-headquartered unicorn aims to enhance the used ... |
https://technode.global/2022/09/29/malaysias-carsome-announces-group-wide-accelerated-profitability-plan-including-job-cuts/ | Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts | 47 | Malaysia-headquartered used car platform Carsome has announced a group-wide accelerated profitability plan to achieve its target of positive earnings before interest, taxes, depreciation, and amortization (EBITDA) within the next few quarters. This plan includes accelerating its integration with the newly-acquired iCar... |
https://technode.global/2022/09/28/malaysias-beyond4-aims-to-build-more-profitable-startups-with-its-accelerator-programs/ | Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs | 48 | BEYOND4“We are here today to help you to achieve the dreams of being a successful startup funded by Cradle [Fund], supported by the ecosystem and in three years’ time to create probably not a unicorn…Unicorn is a very hyped-up word now, [but] profitable startup in the next few years,” BEYOND4 Chief Executive Officer S.... |
https://technode.global/2022/09/27/malaysias-aerodyne-secures-30m-strategic-investment-bridging-round-led-by-petronas/ | Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas | 48 | Malaysia-based drone service provider The firm said in a statement its long-time client Petronas, via its corporate venture capital arm Petronas Ventures, has led the funding round. The round also included a follow-on investment by Kumpulan Wang Persaraan Diperbadankan (KWAP), who initially invested in the group back i... |
https://technode.global/2022/09/26/malaysias-instapay-technologies-raises-4-75m-series-a-funding-led-by-daiwa-securities-backed-fund/ | Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund | 48 | Malaysia-based payments fintech firm Instapay Technologies said in a statement the funding was led by Daiwa ACA APAC Growth I, a growth capital fund managed by ACA Investments, an investment management firm backed by Daiwa Securities Group, that focuses on companies in the growth stage in Southeast Asia, with participa... |
https://technode.global/2022/09/23/malaysias-revenue-monster-clinches-6-6m-funding-from-sea-capital/ | Malaysia’s Revenue Monster clinches $6.6M funding from SEA Capital | 48 | Revenue Monster GroupThe firm said in a statement that after securing MYR30 million ($6.56 million) in funding from private equity firm The SEA Capital, it has partnered with The SEA Capital and local financial technology solutions provider Fullrich Malaysia (and their local licensed e-wallet brand TaPay) and software ... |
https://technode.global/2022/09/22/ppro-makes-moves-in-malaysia-with-integration-of-grabpay-and-touch-n-go/ | PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go | 48 | PPROPPRO said in a statement it now offers all of Malaysia’s most popular, independent e-wallets – Boost, Touch ‘n Go and GrabPay – to its partners which include enterprises with payments platforms, payment service providers, fintechs and banks. Through PPRO’s integration, these partners can supercharge their revenue b... |
https://technode.global/2022/09/21/malaysias-storehub-raises-13-5m-pre-series-b-round-led-by-500-global/ | Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global | 48 | StoreHubThe round also saw participation from existing investors Vertex Ventures Southeast Asia & India, OSK and others, StoreHub said in a statement. According to the statement, the latest funding round will be used to continue meeting demand while maintaining positive unit economics, and investing in technology innov... |
https://technode.global/2022/09/21/islamic-finance-sector-sees-growth-opportunities-in-crypto-and-metaverse-says-islamicmarkets-com/ | Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com | 48 | New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. IslamicMarkets. com who conducted the research said in a statement that its study found that nearly two out of three (63 percent) of Islamic finance professionals predict t... |
https://technode.global/2022/09/20/uob-malaysia-partners-sjpp-to-provide-219m-in-green-financing-to-smes/ | UOB Malaysia partners SJPP to provide $219M in green financing to SMEs | 48 | UOB MalaysiaThe bank has allocated MYR1 billion ($219.63 million) for this program, and SJPP will be guaranteeing up to 80 percent of the loans through its PEMULIH Government Guarantee Scheme (PGGS), according to a statement. UOB Malaysia is the first bank to tie up with SJPP on a green financing program. U-Green Finan... |
https://technode.global/2022/09/20/allianz-malaysia-joins-gobi-partners-malaysia-focused-superseed-ii-fund/ | Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund | 48 | Pan-Asian venture capital (VC) firm Other LPs backing the Gobi SSII Fund are institutional investors Malaysia Venture Capital Management Bhd (MAVCAP) and Sunway Group, Gobi Partners said in a statement. The Gobi SSII Fund targets early-stage (Seed, Series Pre-A and Series A) technology-enabled local startups operating ... |
https://technode.global/2022/09/19/singapores-nutrition-technologies-closes-20m-equity-round-led-by-ptt-ventures/ | Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures | 48 | Singapore-based agri-biotech company The round was supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital, Nutrition Technologies said in a statement. It also saw continued participation from existing investors Openspace Ventures, SEEDs Capital and Hera Capital. The round was advised by ING Cor... |
https://technode.global/2022/09/14/tokenize-malaysia-gets-approval-to-trade-solana-uniswap-and-bitcoin-cash/ | Tokenize Malaysia gets approval to trade Solana, UNISWAP and Bitcoin Cash | 49 | Tokenize MalaysiaTokenize Malaysia said in a statement that the firm becomes the first exchange to offer investors Solana legally in the country. According to the statement, this is a continuous effort of Tokenize Malaysia to expand the variety of digital assets to meet the market’s demand and stay competitive. Being a... |
https://technode.global/2022/09/14/luno-adds-cardano-and-solana-to-its-cryptocurrency-platform/ | Luno adds Cardano and Solana to its cryptocurrency platform | 49 | LunoIn a statement, Luno said that from September 21, users can buy, sell, and store ADA on the Luno app and website, alongside its existing cryptocurrency offering. Luno will also be adding SOL to its platform from October 6. With continuing interest in the wider applications of bitcoin, ADA and SOL are the latest cry... |
https://technode.global/2022/09/08/pos-malaysia-launches-malaysias-first-nft-stamp/ | Pos Malaysia launches Malaysia’s first NFT stamp | 49 | Pos Malaysia BerhadIn a statement, Pos Malaysia said it is the second postal service provider in Southeast Asia to produce NFT stamps after Thailand and joins the global postal fraternity of other countries with similar initiatives such as Austria, Switzerland, United Arab Emirates and the Netherlands. According to Pos... |
https://technode.global/2022/09/08/iglobsys-technology-acquires-malaysias-mason-games-for-1m/ | Iglobsys Technology acquires Malaysia’s Mason Games for $1M | 49 | Mason Games Sdn. Bhd. The acquisition, which took place one year after the establishment of Mason Games in July 2021, is to bolster the studio’s growth in various areas including embarking on their maiden blockchain game project, Mason Games said in a statement. In addition, the studio plans to set up a game developmen... |
https://technode.global/2022/09/06/malaysias-capital-a-progressing-with-airasia-aviation-airasia-super-app-new-york-listing-plan-report/ | Malaysia’s Capital A ‘progressing’ with AirAsia Aviation, airasia Super App New York listing plan – report | 49 | Capital A BhdAccording to him, the company would probably make the announcement next year, Malaysia’s national news agency “We’re planning the listing of AirAsia Aviation, which is private now, and Super App, that’s progressing but we’ll make announcements in due course,” he told reporters at an event at Danau Toba, In... |
https://technode.global/2022/08/29/yinson-partners-aeon-to-develop-malaysias-largest-retail-ev-charging-network/ | Yinson partners AEON to develop Malaysia’s largest retail EV charging network | 49 | Malaysia-listed energy infrastructure and technology firm In a joint statement, Yinson said its green technologies division Yinson GreenTech (YGT) has through its wholly owned subsidiary Yinson Green Technologies (M) Sdn Bhd signed aUnder the agreement, YGT aims to deploy its chargEV chargers complete with value-added ... |
https://technode.global/2022/08/26/malaysia-science-ministry-to-identify-needs-of-rd-ci-industry-players-says-minister/ | Malaysia Science Ministry to identify needs of R&D, C&I industry players, says minister | 49 | Malaysia’s Dr Adham Baba said MOSTI would also identify measures that need to be taken to speed up the development of intellectual property and technology so as to accelerate commercialization. “MOSTI is committed to providing appropriate support and assistance through agencies under it to commercialize research so tha... |
https://technode.global/2022/08/25/malaysias-kenanga-partners-chinas-ant-to-develop-wealth-super-app/ | Malaysia’s Kenanga partners China’s Ant to develop wealth super app | 49 | Malaysia-based Kenanga said in a statement on Wednesday that both parties have signed a Memorandum of Understanding (MOU) on the partnership, and under the MOU, Kenanga will leverage mPaaS, a mobile development platform from Ant Group’s digital technology unit, to launch the super app. According to the statement, the s... |
https://technode.global/2022/08/24/malaysias-medtech-startup-bookdocs-founder-ceo-chevy-beh-dies/ | Malaysia’s BookDoc Founder & CEO Chevy Beh dies | 49 | Chevy Beh, the Founder and Chief Executive Officer of Malaysia-based MedTech firm “It is with great sadness that we inform you of the passing of Datuk Chevy Beh – BookDoc’s Founder and CEO. He was a respected entrepreneur who was loved by many. Our thoughts and prayers go to his family especially during this difficult ... |
https://technode.global/2022/08/19/malaysian-islamic-app-thenoor-seeks-to-raise-1m-through-islamic-ecf-platform-ethis/ | Malaysian Islamic app TheNoor seeks to raise $1M through Islamic ECF platform Ethis | 49 | Malaysia’s Islamic lifestyle app The potential deal will raise the firm’s pre-money valuation to $10.74 million. TheNoor Co-Founder and Chief Technology Officer Mohd Izzairi Yamin said in a statement that the investment will be channeled to capitalize on a fast-growing market, increase research and development push, en... |
https://technode.global/2022/08/19/malaysias-proton-finalizes-deal-to-sell-smart-electric-vehicles/ | Proton finalizes deal to sell Smart Automobile Co’s electric vehicles in Malaysia & Thailand | 50 | Malaysian automaker The first smart model to be sold by Proton during the first phase of the collaboration will be launched in early the fourth quarter of 2023, Proton said in a statement. While Proton’s collaboration with smart is primarily a retail operation, Proton said there are big picture developments to pave the... |
https://technode.global/2022/08/18/malaysian-businesses-harness-technology-to-increase-efficiency-says-cpa-australia/ | Malaysian businesses harness technology to increase efficiency, says CPA Australia | 50 | Most Malaysian businesses are planning to accelerate their use of technology over the next year, to drive efficiency and tap into bigger profit opportunities, according to The firm said in a statement on Wednesday the vast majority of the 108 Malaysian respondents (94 percent) expect their business to increase technolo... |
https://technode.global/2022/08/16/the-flexi-group-merges-common-ground-the-hive-and-the-cluster-to-create-largest-flexible-workplaces-operator-in-asia-pacific/ | The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific | 50 | The Flexi GroupThe Flexi Group said in a statement that with this merger, The Flexi Group will boast a portfolio of 45 locations across 12 cities and nine countries – including Malaysia, Hong Kong, Singapore, Australia, Thailand, Taiwan, Vietnam, Philippines, and Japan – as well as offer holistic membership solutions f... |
https://technode.global/2022/08/16/malaysias-mavcap-announces-new-coo-and-cio/ | Malaysia’s MAVCAP announces new COO and CIO | 50 | Malaysia Venture Capital Management Berhad (MAVCAP)“As the largest venture capital (VC) firm in Malaysia, it is our mandate by the Government of Malaysia to continuously advance the tech industry by onboarding highly capable professionals from abroad and locally with global familiarity,“We are fortunate to have individ... |
https://technode.global/2022/08/15/funding-societies-launches-enhanced-sme-focused-term-financing-bizfund/ | Funding Societies launches enhanced SME-focused term financing BizFund | 50 | Funding SocietiesFunding Societies said in a statement that its zero-collateral BizFund provides Malaysian SMEs with financing up to RM300,000 ($67,355) with repayment up to 18 months. The simple, hassle-free submission process is fast and initiated through Funding Societies’ online platform. The product is offered for... |
https://technode.global/2022/08/10/google-cloud-to-bring-its-first-cloud-regions-to-malaysia-new-zealand-and-thailand/ | Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand | 50 | Google CloudThe three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin, Google Cloud said in a statement. When they launch, these new regions will join Google Cloud 34 cloud regions currently in operation around the world — 11 of which are l... |
https://technode.global/2022/08/10/malaysias-vynn-capital-vynn-capital-shares-research-insights-on-southeast-asia-cross-border-commerce-landscape/ | Malaysia’s Vynn Capital shares research insights on Southeast Asia cross-border commerce landscape | 50 | Malaysia-headquartered early-stage venture capital firm Small-medium enterprises (SMEs) are now finding themselves in a position that requires greater support in the form of a more efficient supply chain, as the digitalization of economies and cross-border e-commerce activities increase, the VC firm said in a statement... |
https://technode.global/2022/08/09/applepay-malaysias/ | Apple Pay launches in Malaysia | 50 | AppleStarting today, thousands of retailers in Malaysia will accept Apple Pay, with support from some of the country’s most established banks across major credit and debit networks, Apple said in a statement. According to Apple, customers with Visa and Mastercard cards from banks including AmBank, Maybank, and Standard... |
https://technode.global/2022/08/08/yinson-signs-mou-with-gocar-to-provide-charge-ev-solutions-and-services-to-gocar-users/ | Yinson signs MOU with GoCar to provide charge EV solutions and services to GoCar users | 50 | Yinson GreenTech (YGT), the green technologies division of Yinson said in a statement on Monday that under the agreement, Green EV Charge will provide access to chargEV’s charging infrastructure to GoCar’s fleet of electric vehicles (EVs) through chargEV’s mobile app, allowing GoCar users to conveniently locate and use... |
https://technode.global/2022/08/05/malaysias-grab-foodpanda-food-delivery-riders-on-24-hour-strike-call-for-better-fees-benefits-report/ | Malaysia’s Grab, Foodpanda food delivery riders on 24-hour strike, call for better fees & benefits – report | 50 | A group of Dubbed “Food Delivery Blackout”, riders who attended a press conference said that the number of p-hailing and e-hailing drivers that went on strike on Friday is still unknown, but it is happening nationwide. At the press conference, several riders said they have to bear payment to Employees Provident Fund (E... |
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