Online payment provider SenangPay enables JCB acceptance To promote Soft Space in other verticals such in-flight payments Soft Space Sdn Bhd, a leading fintech-as-a-service (FaaS) provider, and JCB International Co, Ltd, the international operations subsidiary of JCB Co, Ltd (JCB), announced the launch of the first ever JCB payment gateway in Malaysia. Soft Space said it regards this is a significant milestone in its strategic partnership with JCB, which was signed in Jan 2022, and follows their successful central bank digital currency (CBDC) trial in Dec 2023, as well as the recent agreem ..read more

Facility in Penang cost an initial US$16.5m, to eventually hire 500 people Penang’s expertise in semiconductors a big pull for LEM’s supply chain Life Energy Motion (LEM) a Swiss company that is a leading player in electrical measurement for renewable energy, automation, power network and e-mobility applications, inaugurated its new US$16.5 million (RM79 million) production plant in Penang, on Fri. While the investment amount is small when measured against many multinational investments into the silicon state, it is the latest example of the long tail of the state's globally recognise ..read more

Merger to deliver superior experience and improve returns to shareholders Integration will unlock new opportunities for innovation, growth & benefit consumers Dialog Axiata PLC, Axiata Group Bhd and Bharti Airtel Ltd, signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% of the total issued shares of Dialog by way of a share swap. The transaction is subject to the approval ..read more

Edotco holds an 80% ownership stake in Shahzan Alam Muda Pahang lags at 65% 5G coverage in populated areas compared to 80.2% national average Edotco Malaysia has announced the appointment of Tengku Arif Bendahara Pahang, Tengku Muhammad Iskandar Ri’ayatuddin Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al Mustafa Billah Shah (pic) as the chairman of its subsidiary, Shahzan Alam Muda Sdn. Bhd. Shahzan Alam Muda is the only One Stop Agency (OSA) responsible for all telecommunications infrastructure development in the state of Pahang Darul Makmur. Following Edotco Malaysia’s acquisition of ..read more

Summit will help connect startups with diverse range of funding sources Allows investors to gain valuable insights into Malaysia’s digital landscape Malaysia is looking at stimulating its startup scene as it strives to rank among the top 20 global startup ecosystems by 2030. Minister of Economy Rafizi Ramli recently announced the KL20 Summit, with the aim of stimulating Malaysia's startup scene.  In a statement, the Ministry of Science, Technology and Innovation (Mosti) stressed the Malaysian government’s commitment to making the country a hub for startups. It said the startup scene c ..read more

Strengthens network of flex-offices with 7th site on Transit-Oriented developments Building future-of-work, flex-office infrastructure of remote work opportunities in M'sia WORQ, Malaysia’s leading coworking and flex space provider, joined with Sunway Malls, one of Southeast Asia’s leading mall groups, to establish its latest coworking space, located in Sunway Putra Mall on the PWTC LRT train line. The site was opned on 25th March. Spanning 20,000 sq ft of upcycled space, this stands as WORQ’s eighth outlet, and its seventh outlet in Klang Valley’s intercity transit rail system as it ..read more

Marks first investment from Vynn Capital's new Mobility & Supply Chain fund Vehicle maintenance sector in Southeast Asia has room for significant growth WYZauto, Thailand's leading online tyre marketplace for vehicle maintenance businesses, has secured US$2.25 million (RM10.7 million) funding and a partnership with Vynn Capital, a Kuala Lumpur-based Southeast Asian venture capital firm specialising in mobility and supply chain sectors. This marks the first investment from Vynn Capital's new Mobility and Supply Chain fund, backed by Malaysian pension fund KWAP, Sime Darby Bhd, Malaysia ..read more

Succeeds K Raman who led Microsoft Malaysia for a record 9 year stretch Aims to accelerate country's digital transformation through cloud adoption & AI Microsoft has announced the appointment of Laurence Si (pic) as the Managing Director for its operations in Malaysia, effective 1 July. He will assume the operational responsibilities from K Raman whose new role will be announced on 1 July. Laurence brings 30 years of business and technical experience and vast industry knowledge to advance growth and digital acceleration for Malaysia, its developer and startup ecosystem, enterprise busi ..read more

Funds will be used to improve technology infrastructure, broaden service portfolio VentureTECH & VentureTECH SBI have allocated $635,000 & $1.4 million respectively Leading the charge in revolutionising Malaysia’s on-demand roadside assistance landscape, VentureTECH and VentureTECH SBI have announced their joint investment totalling US$2.1 million (RM10 million) in Bateriku.com.  In a joint statement, the parties said, this partnership is set to empower Bateriku.com in its mission to redefine the roadside assistance industry by building its own ecosystem to connect battery, br ..read more

Collaboration aims to enhance digital home experiences for CelcomDigi fiber customers Postpaid users on the 300 Mbps fiber plan can get special rates for sooka’s premium subscription CelcomDigi Berhad has partnered with sooka, a leading streaming content provider renowned for its on-demand entertainment experiences, to enhance the digital home experiences for CelcomDigi fiber subscribers through the sooka premium plan, offering a wide range of streaming content on CelcomDigi's smooth and ultra-fast fiber connectivity.  Through this strategic alliance, sooka is now available for even b ..read more