Exemption for telcos & data centres on potential increase in power tariffs
MyIX lowered port pricing by 33% last year to further benefit country ChatGPT and Artificial Intelligence (AI) may be the hottest tech trends sweeping across the world but in Malaysia, the digital economy and increasing utilization of the internet are the…Continue Reading
To expand digitalisation platform, improve existing products
Closed initial US$2.7mil Series A2Â from 4 investors in 2021Â WhyQ, a digital innovation startup focused on helping micro-SMEs (MSMEs) digitise their business, has successfully secured an additional US$1.08 million (RM4.6 million) in an extension to its Series A2 funding round.Â
In a statement, the firm said…Continue Reading
Layoffs has not affected ops in Malaysia, Singapore, and Indonesia “Important to reiterate to everyone that customer funds are safe” Digital asset exchange Luno’s recent announcement of the layoffs for roughly a third of their staff globally is the result of “an incredibly tough year”, but will not affect operations in the…Continue Reading
Despite Western media reports that the Netherlands would follow the US guidelines on technology exports to China, ASML’s chief executive Peter Wennink said Wednesday that the company would probably maintain its level of exports to mainland China this year. ASML’s sales of chipmaking equipment to China rose from about US$700 million in 2016 to US$2.8 […]Continue Reading
Aims to be profitable within 3 years by focusing on expanding reach
In last 2 years, had an over four-fold increase in merchant acquisitions, revenue iSeller, Indonesiaâs solutions platform for merchants, today announced the completion of a US$12 million (RM51.4 million) Series B round of financing led by Intudo Ventures, with participation from KVision (Kasikornbank), as…Continue Reading
Gain new expertise internally, improved productivity of IT team FinOps is exercise of driving visibility and bringing economic accountability ÂTo remain ahead of the competition, organisations need to relook in how they can increase productivity and operational efficiencies. Today, organisations within Malaysia are more and more  turning to cloud to deliver…Continue Reading
Aims to further develop its cybersecurity insurtech platformÂ
Funds will go towards expanding services, deepen presence in Asia  Singapore-based cybersecurity firm Blackpanda has raised US$15 million (RM64.6 mil) in its Series A funding round co-led by Primavera Venture Partners and Gaw Capital Partners. San Francisco based WI Harper, also participated in this…Continue Reading
Aims to popularise cashless payments through exhibitions and activities
78% of Malaysia still prefer cash in 2021, and is expected to increase further in 2022 The Malaysian Communications and Multimedia Commission (MCMC), in collaboration with Payments Network Malaysia Sdn Bhd (PayNet), has launched the Cashless@PEDi pilot project at 28 selected Keluarga Malaysia…Continue Reading
Huawei Technologies, a Shenzhen-based telecommunication equipment maker, has successfully achieved zero carbon emissions in a Tianjin port with the use of its 5G technology and the BeiDou navigation satellite system. The company said it had turned the Section C Terminal in the Beijiang Port Area of the Port of Tianjin into the world’s first zero-carbon […]Continue Reading
Claims JHB1 will be the most sustainable data centre in Malaysia
Will be funded under AirTrunkâs sustainability linked loan framework Australian based Asia Pacific hyperscale data centre specialist, AirTrunk, announced last week its entry into Malaysia with plans to develop a Australian dollar multi-billion 150+ megawatt (MW) data centre. Named AirTrunk JHB1…Continue Reading