Douyin: the app making more noise than TikTok in China

Chinese people are increasingly using TikTok’s sister app as a way to complain about products and are finding it a powerful asset. Our research shows that Douyin, which is produced by ByteDance the same company that owns TikTok, has become influential in offering Chinese people a way of putting consumer pressure on companies. This short-video […]Continue Reading

Khazanah Partners Sunway Education Group To Launch 42 Malaysia

Free for those 18 & above, develop 10k tech talent within 10 years
Expanding beyond KL campus with sites in Johor, Penang & Kuching in coming years Khazanah Nasional, Malaysia’s sovereign wealth fund, entered into a joint venture with Sunway Education Group (SEG) to establish 42 Malaysia (42MY), a peer-to-peer computer science school that aims to develop 10,000…Continue Reading

Solarvest brings back its Innovation Lab for 2023

Key focus on greentech, fintech and renewable energy
Two rounds of funding from concept to execution, funding of up to US$22,590 Solarvest Holdings Bhd has launched the Solarvest Innovation Lab 2023 (SIL 2023), a continuance and revitalization of the startup programme that first ran in 2021. The programme is designed to provide…Continue Reading

CashKu signs MoU with Kakitangan.com

Users can save or invest for as low as US$2.26 
Make app accessible to M’sians, help them plan for retirement Advisonomics, a licensed financial planning firm, has partnered with Kakitangan.com to make the CashKu mobile app accessible to more Malaysians.  
In a statement, the cloud payroll and HR software provider said both parties…Continue Reading

Fuelling Startups To Power Malaysia's Future

PETRONAS FutureTech is committed to redefining the future of energy
Seeks to nurture regional startups via opportunity to scale their ventures Responding to the pivotal need to remain competitive through innovation, PETRONAS in 2019 launched PETRONAS FutureTech to uncover visionary entrepreneurs with breakthrough technologies to accelerate the tech-driven startup ecosystem of Malaysia.
 
The…Continue Reading

Global ESG Monitor: FBMKLCI companies lack depth and detail in ESG reporting

Malaysian index ranked joint fifth alongside Dow Jones among 10 indices surveyed​
TNB and Press Metal Aluminium place joint-first amongt 30 companies surveyed ​Companies on the FTSE Bursa Malaysia KLCI (FBMKLCI) lacked the appropriate content and level of detail needed for optimal transparency in their ESG reporting, a study has found, resulting in…Continue Reading

Etana secures undisclosed financing from DEG, East Ventures, other global investors 

Funds will be channeled towards strengthening product portfolio
Aims to develop local biopharmaceutical production capabilities PT Etana Biotechnologies Indonesia (Etana) has secured an undisclosed amount in a new investment round, led by DEG. Other investors include Yunfeng Capital, HighLight Capital and East Ventures.  
In a statement, the Indonesian biopharmaceutical company said the funds…Continue Reading