Mavcap appoints new COO and chief investment officer

New COO, investment decision officer to spearhead impact investmentHave in-depth experience plus proven outstanding track records Malaysia Investment capital Management Berhad (Mavcap) has announced the particular appointment of Noor Amy Ismail as chief operating official (COO) and Paramjit Singh Gill because chief investment officer (CIO) effective Aug 1 .In a statement…Continue Reading

Maxis takes stake in retail analytics startup ComeBy

Aims to empower innovation, digitalisation in the retail industryCommitment towards business venture building, grow tech startups Following an announcement of its 1st venture building effort in edutech within June, Maxis has now taken a significant risk in Malaysian-based store analytics startup, ComeBy in a bid in order to empower innovation plus…Continue Reading

KPMG, FAOM ink MoU to spur fintech industry

Aims to support NTIS and GAP programmesTo collaborate on initiatives to catalyse growth for the fintech space KPMG Malaysia and Fintech Association of Malaysia (FAOM) entered a memorandum of understanding (MoU) with the aim to catalyse the growth of Malaysia’s financial technologies (fintech) sector as well as the digital players within…Continue Reading

China’s laggard chips industry rotten with corruption

An anti-corruption storm in that kicked up in mid-July has so far led to the arrest of the dozen top Chinese officials and executives of a national expense fund and related companies, prompting a training course shift in Beijing’ s chip-making technique. Zhao Weiguo, previous president of Tsinghua Unigroup, a Chinese technology and semiconductor manufacturer, was used […]

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Singapore’s Virtuous expands Asian footprint with game studio in Kuala Lumpur

Founded simply by returning Malaysian video games industry pioneersFacilitates growth as advancement hub through training & jobs creation Virtuos Kuala Lumpur has been operating in Kuala Lumpur, Malaysia since early 2021 and has grown to a team of ninety,  was finally able to have its recognized launch yesterday along with Mahadhir…Continue Reading

redONE: Continuously delivering innovative solutions from all walks of life

No difficult bundles or packages, just peace of mind and best dealsAspires to launch in Philippines & Indonesia, followed by other ASEAN nations Operating given that 2012, redONE is the first Mobile Digital Network Operator (MVNO) to provide mobile Postpaid services.Holding solid to their motto associated with going “Back to Basics”…Continue Reading

Forescout appoints Rik Ferguson as security intelligence VP

Career spans over 25 years
Previously the vice president of Threat Research at Trend Micro Forescout Technologies announced the appointment of Rik Ferguson (pic) as vice president of security intelligence.
In a statement the automated cybersecurity leader said with a career spanning more than 25 years, including 15 years as vice president of…Continue Reading

Diri Care closes US.3 million in seed funding

Aims to make use of Indonesia’s rapidly growing customer health industry ÂFunds used to increase access to offerings, improve platform capabilities  Diri Care announced that it has closed the oversubscribed seed round at US$4. a few million (RM19 million), co-led by East Ventures and Sequoia Capital India and Southeast Asia’s…Continue Reading