FashionValet had experienced financial losses for five consecutive years before these investments.
https://www.techinasia.com/news/fashionvalet-scrutinized-khazanah-pnb-exit-losses
Board member Aireen Omar said she witnessed no fraudulent activities in the company's financial operations.
https://www.techinasia.com/news/fashionvalet-denies-financial-mismanagement-allegations
Migliarina has over 28 years of experience in telecommunications and high technology sectors.
https://www.techinasia.com/news/maybank-appoints-migliarina-lead-tech-strategy-chief
The company has noted issues with the plan's lack of detailed guidelines and the narrow timeframe.
https://www.techinasia.com/news/meta-finds-mys-social-media-licensing-plan-lacks-clarity
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There were over 650 applications from across the region, of which only 30 companies were selected as finalists.
https://www.techinasia.com/winners-2024-emerging-enterprise-awards
The funds are intended to expand its services and customer base in the Asian market.
https://www.techinasia.com/news/malaysian-crypto-exchange-hataio-raises-42m-seed-funding
Government funds and companies will be the lynchpin in the country’s ambition to cultivate more startups.
https://www.techinasia.com/breaking-tech-startup-perks-malaysias-budget-2025
Opening Bell 🔔 is Tech in Asia’s free newsletter that brings you the biggest news on Asia’s publicly listed tech companies.
Bursa Malaysia saw 32 new listings in 2023, while Singapore Exchange managed only seven.
https://www.techinasia.com/how-sgx-can-learn-from-bursa-malaysias-playbook
Set to launch in November 2024, the programme seeks to build confidence among private investors.
https://www.techinasia.com/news/khazanah-improve-my-vc-ecosystem-new-initiatives
This preference stems primarily from Malaysia's advantageous electricity costs and fiscal incentives.
https://www.techinasia.com/news/tech-companies-favor-my-data-centers-id-minister
Vircle’s concept centers around purpose-bound money, allowing parents to give their kids funds for school expenses.
Oracle's new cloud region will include several dedicated data centers in Malaysia.
https://www.techinasia.com/news/oracle-invests-65b-malaysias-ai-cloud-infrastructure
The government also plans to create a national office dedicated to coordinating various initiatives related to AI.
https://www.techinasia.com/news/set-implement-cloud-ai-policies-google-invests
The project is expected to contribute more than $3 billion to the Malaysian economy by 2030.
https://www.techinasia.com/news/googles-2b-data-center-set-create-26500-jobs
The Chinese firm's entry highlights the brewing battle for market share between local and international chains.
https://www.techinasia.com/malaysias-coffee-chain-war-escalates-luckin-entry
The app currently raises funds for various initiatives, such as building community schools and installing solar water pumps.
https://www.techinasia.com/news/russian-social-fundraising-app-launches-msia
Despite the economic slowdown, Southeast Asia's insurtech secured US$530.7 million in 2023, a five-year high.
https://www.techinasia.com/visual-story/whos-seas-insurtech-sector
Pua Khein Seng returns home to spur on the local chip industry, but headwinds remain.
https://www.techinasia.com/embattled-flash-drive-inventor-returns-malaysia-new-bet
Opening Bell 🔔 is Tech in Asia’s free newsletter that brings you the biggest news on Asia’s publicly listed tech companies.
The funding will also enable the group to develop backhaul infrastructure connecting cable landing stations to data centers.
https://www.techinasia.com/news/oms-group-invests-300m-se-asia-cable-network-upgrade
Policies need reworking if the country were to move up the value chain, say industry chiefs.
https://www.techinasia.com/malaysia-next-move-crucial-achieving-chip-dreams
Despite Bursa Malaysia having its biggest listing in years, some say tech firms who IPO on the exchange won’t fare the same.
https://www.techinasia.com/malaysias-ipo-market-sizzles-tech-firms-listing-fizzle
The company announced its financial results for the second quarter of 2024.
https://www.techinasia.com/news/carsome-raises-46m-ebitda-grows-3x-revenue-rises-9
Both established names and new players are looking into M&As, partnerships, and AI integrations to boost market share.
https://www.techinasia.com/visual-story/key-ridehailing-players-sea-booking
In The Top Up this week, we look at tycoon Tong Kooi Ong’s new banking chapter and India’s latest lending initiative.
Avoidable mistakes could cost Malaysia its reputation as an up-and-coming tech hub.
Still, "range anxiety," affordability, and limited charging infrastructure are major hurdles to wider adoption.
https://www.techinasia.com/malaysias-ev-race-electrifies-as-local-brands-undercut-on-price
Tong Kooi Ong returns to familiar territory after letting go of PhileoAllied Bank, a proto-digital bank, in 2001.
Co-working operators in the fast-growing Malaysian city are offering value-added services that are helping drive the surge.
https://www.techinasia.com/cost-savings-fuel-demand-johor-bahru-shared-workspaces
Some 90% of Malaysians are underinsured. A new digital insurance framework could change that.
https://www.techinasia.com/malaysias-insurance-industry-set-shakeup
Entrepreneurs are looking across the causeway for lower living costs without sacrificing on quality.
https://www.techinasia.com/singapore-startups-seek-malaysia-greener-pastures
Two other candidates are also being considered for the top post as discussions are ongoing.
https://www.techinasia.com/microsofts-malaysia-coo-poised-lead-mdec-sources
In The Prompt this week, we look at how a Malaysian drone startup pivoted to ride the AI wave.
We look at why Malaysia might be the next big thing in Southeast Asian tech and the drama between MapmyIndia and Ola Maps.