Finology Group, a fintech company specialising in embedded finance, has concluded a pre-Series A funding round of undisclosed value. This funding round was spearheaded by Silverlake Group and included participation from The Hive Southeast Asia, a beneficiary of the Dana Penjana Nasional program overseen by Penjana Kapital (a wholly-owned...
The manufacturing industry is a key contributor to Malaysia’s export revenue, job creation and GDP, at 24 percent in Q2’23, second only to services industry. Despite slipping by 4 percent in June, Malaysia’s manufacturing sector still recorded a sales value of RM147.4 billion—highlighting its importance and untapped potential to the nation’s economy. Collaborate...
Malaysia is taking proactive steps to revitalise its capital market and broaden investor participation, with the aim of fostering economic growth, inclusivity, and sustainability in alignment with the Malaysia MADANI Economy Framework and the New Industrial Master Plan. Dato’ Seri Dr. Awang Adek Hussin, chairman of the Securities Commission Malaysia,...
The Administration for Digital Industries, Ministry of Digital Affairs (the adi, moda), in an effort to assist Taiwanese digital service solution providers in expanding into new markets, led a delegation of eight Taiwanese digital technology companies along with the Institute for Information Industry (III) to Malaysia from September 18th...
The Unity Government remains committed to strengthening the development of micro-enterprises through a dedicated allocation of RM400 million, as announced under the Madani Economy framework. This includes an allocation of RM100 million under the Ministry of Entrepreneurship and Cooperative Development (KUSKOP) through its agency, SME Corporation Malaysia, for the Micro...
The countdown has begun for two highly-anticipated international technology congresses, the 27th World Congress on Innovation and Technology and the 6th International Digital Economy Conference Sarawak, collectively known as WCIT|IDECS 2023. Hosted by the Sarawak Government, the event is set to bring together visionaries, experts, and industry leaders from around the world, and is scheduled to take place simultaneously on 4-6 October 2023 at...
U Mobile has teamed up with Qualcomm and The Food Merchant (TFM), Malaysia's premier international premium grocer with a selection of over 250 international brands, to initiate a proof-of-concept (PoC) at the TFM store located at Pavilion Embassy, Jalan Ampang, showcasing the TROLLEE P1 smart retail solution for shopping...
In an achievement that highlights its excellence in serving SMEs in Malaysia, Hong Leong Bank has been awarded the title of "Best SME Bank"by The Asian Banker for the fifth year in a row, underscoring the bank's consistent investment into the success, growth, and wellbeing of the SME community. The prestigious award,...
The national fraud bureau, CTOS IDGuard, has released its 36-month results today, with a total of RM319 million in potentially fraudulent applications being flagged by the system to alert banking consortium members since 2020. CTOS IDGuard is part of CTOS’s suite of fraud and identification services which leverage on CTOS’s...
After a three-year hiatus, the MEET TAIWAN MICE industry brand promotion event is scheduled to return to Kuala Lumpur on September 25. The event, themed Taiwan MICE Talk, will introduce the latest Taiwan MICE developments and incentive policies to Malaysia. Organised by the Bureau of Foreign Trade under the Ministry...
The Ministry of Youth and Sports (KBS) and the Malaysian Technology Development Corporation (MTDC) have officially signed a Memorandum of Understanding (MoU). This partnership is dedicated to propelling Malaysia's youth into the realms of Industry 4.0 and technopreneurship, signifying a significant milestone in the government's unwavering commitment to fostering...
Sunsuria Healthcare, a subsidiary of Sunsuria Berhad, and Icon Cancer Centre, an integral arm of the global cancer care provider, Icon Group, are thrilled to announce their joint-venture entity, Icon Sunsuria Sdn Bhd, aptly named "Icon Sunsuria". This collaborative endeavour underscores their shared commitment to advancing clinical expertise in cancer...

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