Initiative focuses on policies, ecosystem readiness, and growth infrastructure 1st phase to kick off with the Asean Startup Portal to support regional startups, investors The Ministry of Science, Technology and Innovation (MOSTI) as the National Committee on Science, Technology and Innovation (COSTI) Chair of Malaysia has mandated Cradle Fund Sdn. Bhd., the focal point agency for Malaysia’s startup ecosystem, to lead the Asean Startup Initiative under the Science, Technology and Innovation sector. With the aim to foster greater collaboration, innovation, and growth among startups in the re ..read more

World's first international Telco API federation, involving telcos from 3 countries Collaborations will support 45 million customers in Thailand & 12 million in M’sia Singtel signed two Memoranda of Understanding with ASEAN’s leading telcos, AIS and Maxis, to enable network-based authentication for mobile subscribers in Thailand and Malaysia through SingVerify, a suite of solutions that authenticates digital identities registered on consumer services or platforms against telco data. Developed by Singtel, SingVerify is based on telco application programming interfaces (APIs) that are in ..read more

Feasibility study for generating 500 MWac-4000 MWac of renewable power via solar UEM Lestra Phase 1 partner which is expected to cost up to US$428m, completed by 2026 In a special meeting chaired by Sarawak Premier Abang Johari, the Sarawak Government has in-principle, approved Planet QEOS Sdn Bhd’s groundbreaking Solar Agrovoltaic project in Sarawak, where just Phase 1 is expected to cost US$428 million (RM2 billion) and be completed by 2026. Dino Bidari, Chairman of Planet QEOS, Dr. Gabriel Walter, CEO of Planet QEOS and Lam Poh Lian, COO of Planet QEOS attended the m ..read more

Claims to be best choice to build 2nd network with most modern 5G-ready network Partner ecosystem with global players to drive deployment, development & adoption  CelcomDigi Bhd announced today that as part of its post-merger network integration and modernisation, it has completed upgrades in Penang and surpassed the halfway point countrywide, putting it ahead of schedule in building Malaysia’s leading digital network. Penangites now enjoy improved service experiences across the state, most notably in signal strength and network throughput, where CelcomDigi’s 4G LTE and 4G LTE-A c ..read more

150MW JH1 positions Malaysia as a regional hub for AI-ready data centres Merges tech innovation with local talent to boost country’s digital growth Princeton Digital Group's (PDG) recent unveiling of the first phase of its JH1 data centre campus in the southern-most Malaysian state of Johor marks a significant milestone in the country’s digital infrastructure landscape. This development positions the country as a strong contender in the region's rapidly growing AI and cloud computing sector. Furthermore, the swift completion of this 52MW project, part of a larger 150MW complex, demonstrate ..read more

BidNow token will be the main medium of exchange on the BidNow platform TCF raises capital via digital token issuance, offering flexibility, exit opportunities PitchIN, Malaysia’s leading digital fundraising hub, announced the launch of its maiden deal for Token Crowdfunding (TCF), a US$2.13 million (RM10 million) primary offering of utility tokens by BidNow, an online auction platform. Based on regulations in Malaysia, TCF is also referred to as an Initial Exchange Offering (IEO). The BidNow token ($BID) will be the primary medium of exchange for all services with ..read more

MSAF to work with the Civil Aviation Authority of Malaysia on drone sports regulations  Futurise to lead creation of new ecosystems, develop regulatory frameworks for drone sports Futurise Sdn Bhd and the Malaysian Sports Aviation Federation (MSAF) have forged an alliance through a Memorandum of Understanding to advance and elevate the burgeoning field of drone sports in Malaysia. In a statement, Futurise said this partnership aims to develop guidelines and manuals, as well as pioneer dedicated testbeds to ensure the highest standards of safety and performance. Additionally, it will c ..read more

Special ticket rates announced for students and seniors HRH Tengku Mahkota of Pahang to Deliver Keynote Address The 6th International Sustainable Energy Summit (ISES) 2024, taking place on August 20th-21st at the Kuala Lumpur Convention Centre, will feature over 70 renowned speakers, 30 leading exhibitors, with 4,500 visitors expected to be in attendance. The Summit will host Plenary Sessions and Deep Dive Workshops led by energy experts. The 6th ISES will feature HRH Prince Hassanal Shah, Tengku Mahkota of Pahang, who is scheduled to deliver a keynote address before the third Plenary Sess ..read more

Funds will be used to expand network of machines, enhance regional operations Klean currently operates 100 RVM units across Malaysia, Indonesia, Singapore, & Fiji Ficus Capital (Ficus), the world’s first Islamic Environment, Social, and Governance (ESG-i) venture capital firm, announced that it will invest US$429,000 (RM2 million) in Klean, a green technology sustainable recycling business owned by Janz Technologies Sdn Bhd. In a statement, the company said this investment, made through Ficus’s flagship Ficus SEA Fund, will support the Malaysia-founded company’s initiatives in containe ..read more

Targets to create digital IDs for the 680 million Southeast Asian market Ranked by US-based NIST in top 25 globally for facial recognition matching speed [Ed: Caption has been updated for accuracy.] Wise AI, a Malaysian startup specialising in eKYC and Digital Identity solutions, said it has raised an eight-figure Series A funding, without disclosing the amount. The funding round was led by Malaysia Technology Development Corporation (MTDC), VentureTech SBI Sdn Bhd (VT-SBI) and Sunway Group’s Sun SEA Capital. Launched in Sept 2018, Wise AI expects the partnership to further its mission to ..read more