pitchIN appoints Xelia Tong as COO

will be in charge of PitchIN’s businesses, including its IEO and ECF platforms.A well-known figure in the first investment and fundraising sectors in M’siaXelia Tong has been named Chief Operating Officer by pitchIN, successful as of 1 September 2023.Tong is a well-known figure in Malaysia’s early-stage funding and funding community. She…Continue Reading

China’s xFusion to invest US6m over 3 years in Penang

Build its maiden Global Supply Center in partnership with NationGate
Annual capacity of 150k units of computing equipment including GPUs

China based provider of computing power infrastructure and services xFusion International Pte Ltd has chosen Malaysia to house its maiden Global Supply Center with plans to invest up to US$366 million (RM1.7 billion)…Continue Reading

Airbnb, MDEC to collaborate on De Rantau programme, drive digital nomad travel to Malaysia

Airbnb, MDEC to promote 600+ digital nomad-friendly De Rantau hub listings
Aims to establish Malaysia as preferred hub for digital nomads in the region

Airbnb and the Malaysia Digital Economy Corporation (MDEC) announced the signing of a Memorandum of Understanding (MoU) to collaborate on MDEC’s inaugural DE Rantau initiative. 
In a statement, Airbnb said the…Continue Reading

Ministry of Economy launches ‘one of a kind’ digital leadership programme

Aimed at developing leadership in both public and private sectors
Partnered with ASB)/MIT Sloan Management, AWS,Google Cloud, IBM, Microsoft, Shopee

The Malaysian government, in its effort to build up the nation’s digital ecosystem, announced the launch of a new initiative called the Executive Digital Leadership (EDL) Programme. Calling the initiative “one of a kind”,…Continue Reading

Malaysia grows with Time: Catalysing ASEAN’s digital powerhouse

Envisioning ASEAN’s Digital Future
Malaysia stands on cusp of becoming next digital hub of ASEAN

Malaysia’s digital economy currently contributes 23.2% to the country’s GDP and is set to surpass expectations by 2025. Bolstered by the highest number of Internet users in the region, boasting close to 98% Internet penetration, Malaysia is primed…Continue Reading

Southeast Asian recommerce platform, CompAsia, raises Series A with Gobi Partners as lead investor

Contributed to reduction of 420 tonnes e-waste, saving 46 bil gallons of water
Claims to be among SEA’s leading vertically integrated device lifecycle companies

Pan-Asian venture capital firm, Gobi Partners, has taken on the lead investor role in the Series A funding round of Malaysian based Southeast Asian focused integrated recommerce platform, CompAsia.
Since 2016,…Continue Reading

Internships – focus should be on job quality and conducive environment for learning

Pikom contends that the conversation should not be about compensation
Ensure interns receive meaningful assignments, gain industry-specific skills

The question of compensation for internship has been a hot button topic since the start of the year with interns, employers and even the Government taking turns to voice their views on this contentious issue.
In…Continue Reading

Soul Parking revenue skyrockets 100x, emerges as key player in Indonesia’s EV charging 

AC Ventures, a pioneer investor in Soul Parking
Aims to tap into Indonesia’s growing EV revolution 

Soul Parking, Indonesia’s tech-enabled pioneer in innovative parking solutions announced a 100x growth in its topline revenue over the past three years. 
In a statement, the startup said this growth underscores its dominance in Indonesia’s urban mobility sector,…Continue Reading

Bread & Kaya: 2022 Cyberlaw cases of interest..Pt 2

A question of technical glitches & breaching of contractual obligations
Singapore’s First Action against Unknown Persons on Cyberspace
After sharing Part 1 of some interesting cases last week, I conclude my annual review of noteworthy cyberlaw cases with some notable online contract matters and examples of where the Singapore government has filed…Continue Reading

Eight startups chosen for Cyberview Living Lab® Accelerator Programme

Current cohort focused on developing AI-powered digital solutions 
Solutions designed to serve the property, retail & healthcare sectors 

Cyberview’s Living Lab Accelerator (CLLA) Programme has selected eight local startups in the domains of smart city development: smart living, industrial IoT, and digital solutions. These startups were chosen from a pool of 20 applicants.
In…Continue Reading